Posts

Posted on

The Future is Now: AMC Networks and Omnicom Media Group Complete First National Addressable Campaign

November/December Campaigns For Volkswagen and Another Major Advertiser Utilized AMC Networks’ On Addressability Partnership across Comcast and Charter to Deliver Targeted Advertising to Specific Audience Segments

NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) — AMC Networks and Omnicom Media Group (OMG) today announced the successful completion of two first-to-market national linear addressable campaigns, a significant and long-awaited step to unleashing the potential of addressable advertising on television at scale. The November and December campaigns featuring Volkswagen and another major advertiser utilized AMC Networks’ On Addressability partnership with Canoe Ventures, with spots running across the nation on Comcast and Charter cable systems, reaching nearly 25 million homes across the U.S. Future executions will include Cox cable systems as well.

“This is a moment television networks, distributors and our advertising partners have been anticipating and working toward for many years, unleashing the power and potential of addressable advertising on the national level to deliver highly relevant and customized commercial spots to viewers,” said Kim Kelleher, president of commercial revenue and partnerships for AMC Networks. “Our goal for 2021 and beyond is to make 100 percent of our linear, VOD and digital inventory addressable, with advanced cross-platform reach, measurement and sophisticated data analytics with attribution.”

“The success of these campaigns is great proof that true addressability in linear at scale is possible and more importantly effective,” said Geoffrey Calabrese, chief investment officer, Omnicom Media Group. “This is a great example of what can happen when partners, agencies and clients work together toward a shared goal that advances the industry.”

“AMC Networks’ addressable offering provides a great combination – the specificity of digital, the broad storytelling canvas of a flat screen TV and a meaningful measurement approach,” said Volkswagen Senior Vice President of Marketing Kimberley Gardiner. “Incorporating this capability into our media strategy will allow us to more effectively focus on and reach our target customers.”

Running in November, the first campaign was designed to reach entertainment enthusiasts and digital streamers. The campaign achieved higher delivery performance and optimal levels of frequency compared to non-addressable advertising.

In December, Volkswagen’s campaign was directed at viewers planning to buy an SUV vehicle, and also achieved higher delivery and frequency than non-addressable advertising. The Volkswagen campaign later included video on demand (VOD) inventory in addition to linear spots, increasing the reach of the effort and also allowing enhanced tracking.

The company plans to make addressable advertising a major element of its upfront discussions with advertising partners this spring and summer, leveraging these capabilities to deliver increasingly effective and relevant advertising across its linear networks as well as its video on demand inventory.

About AMC Networks

AMC Networks is a global entertainment company known for its popular and critically acclaimed content. Its portfolio of brands includes AMC, BBC AMERICA (operated through a joint venture with BBC Studios), IFC, SundanceTV, WE tv, IFC Films, and a number of fast-growing streaming services, including the AMC+ premium streaming bundle, Acorn TV, Shudder, Sundance Now and ALLBLK (formerly branded “UMC”). AMC Studios, the Company’s in-house studio, production and distribution operation, is behind award-winning owned series and franchises, including The Walking Dead, the highest-rated series in cable history. The Company also operates AMC Networks International, its international programming business, and Levity Entertainment Group, its production services and comedy venues business.

Contact:

Jim Maiella
[email protected]



Posted on

BOQI International Medical Enters into An Amendment to the Securities Purchase Agreement to Increase the Principal Amount of Senior Convertible Promissory Notes to Be Purchased by Two Institutional Investors

NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) — BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) today announces that it has entered into an amendment to the Securities Purchase Agreement with two institutional investors (the “Investors”) that was previously announced on May 19, 2020. The Amendment increases the principal amount of senior convertible promissory notes to be purchased by the Investors.

Pursuant to the amendment, the aggregate principal amount of senior convertible promissory notes of the Company that may be purchased by the Investors was increased to $5,400,000 from $2,100,000 (the “Base Amount”) (the “Additional Notes”). The purchase price for the $5,400,000 principal amount of the notes will be $4,500,000 in cash and will not bear interest except upon the occurrence of an event of default. In addition, the Investors will receive warrants (the “Additional Warrants”) to purchase 720,000 additional shares of common stock of the Company. The Company may not issue any shares of common stock as payment for the $3,300,000 increased face value portion of the Additional Notes (the “Excess Amount”) and the Additional Warrants will not be exercisable until such time as the Company will obtain the necessary stockholder and regulatory approval.

Similar to the terms of the convertible notes that were issued in May 2020:

  • The Additional Notes are convertible at any time after stockholder approval is obtained at a base conversion price equal to $2.59 per share.
     
  • The floor price per share at which an Additional Note may be converted is $0.554 with respect to the Base Amount, and $0.372 with respect to the Excess Amount.

Under the terms of the Additional Warrants:

  • The Additional Warrants are exercisable at any time after stockholder approval is obtained, in whole or in part, at the option of the holders thereof, for shares of Common Stock at an exercise price of $2.845 per share.

Notwithstanding the foregoing, the Investors are prohibited from converting the Additional Notes or exercising the Additional Warrants, and any payments in shares of Common Stock of interest and principal will be held in abeyance, to the extent an Investor would beneficially own more than 4.99% (or 9.99%, if the holder elects such higher threshold) of the Company’s outstanding shares of common stock after such conversion or payment.

In addition, the Amendment allows BIMI to effect a Subsequent Placement (as defined in the Securities Purchase Agreement) where its shares of common stock or securities convertible or exercisable into shares of Common Stock are issued in connection with a firm commitment underwritten public offering under certain circumstances.

About BOQI International Medical Inc.

BOQI International Medical Inc. (formerly known as NF Energy Saving Corporation) (NASDAQ: BIMI) was founded in 2006. In February 2019, the Board of Directors of the company was reorganized with a focus on the health industry. The Company is now exclusively a healthcare products provider, offering a broad range of healthcare products and related services. For more information about BOQI International Medical, please visit www.usbimi.com.

Safe Harbor Statement

Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, the Company’s ability to achieve profitable operations, its ability to continue to operate as a going concern, its ability to continue to meet NASDAQ continued listing requirements, the effects of the spread of the Coronavirus (COVID-19), the demand for the Company’s products and the Company’s customers’ economic condition, risk of operations in the People’s Republic of China, general economic conditions and other risk factors detailed in the Company’s annual report and other filings with the United States Securities and Exchange Commission.

IR Contact:

Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: [email protected]



Posted on

Prime Mining Named to TSX Venture Exchange “Venture 50”

VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime” or the “Company”) (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: A2PRDW) is pleased to announce that it has been named to the 2021 TSX Venture 50, an annual ranking of top performing listed companies from five industry sectors including, Mining, Oil & Gas, Clean Technology and Life Sciences, Diversified Industries and Technology.

The 2021 Venture 50 top performers were selected based on year-over-year performance across three equally weighted criteria: market capitalization growth, share price appreciation, and trading volume for the year ended December 31, 2020. 



Prime Mining Interview with CEO Daniel Kunz

“We are extremely honored to be recognized and selected by the TSX Venture Exchange within the top 10 of Mining Companies,” stated Daniel Kunz, CEO of Prime Mining. “The past year has seen Prime Mining evolve on many fronts, namely the advancement of our high-grade gold silver deposit in Sinaloa Mexico, and the addition of a strong, experienced management and technical team and strategic shareholders Trinity Partners and Pierre Lassonde. We are very excited about the future as we continue to diligently work on unlocking value at Los Reyes. On behalf of our Board of Directors, I would like to extend our appreciation to the team at Prime Mining for their hard work and dedication and to our shareholders for their support along the way.”

Los Reyes Gold and Silver Project

Los Reyes is a district scale low sulphidation epithermal gold-silver project located in a prolific mining region of Mexico. Over $20 million in exploration, engineering and prefeasibility studies have been spent on the project over 2 1/2 decades by previous operators with development plans being held back due to declining gold prices. Historic data coupled with an existing and recently updated resource estimate has provided sufficient understanding to fast-track the project to production. However, there is substantial resource expansion upside based on open extensions of known deposits, multiple untested high priority exploration targets, and only 40% of the known structures systematically explored leaving 10 kilometres of untested strike length. Potential for significant growth of the resource remains strong.

Current Measured and Indicated pit-constrained oxide mineral resources include 19.8 million tonnes (‘mt’) containing 633,000 ounces of gold at 1.0 g/t and 16,604,000 ounces of silver at 26.2 g/t plus an additional 7.1 mt Inferred containing 179,000 ounces gold at 0.78 g/t and 6,831,000 ounces silver at 30 g/t.

About Prime Mining

Prime Mining is an ideal mix of successful mining executives, strong capital markets personnel and experienced local operators who have united to build a low cost, near-term gold producer at the historically productive Los Reyes project in Mexico. Prime Mining has a well-planned capital structure with significant team and insider ownership.

ON BEHALF OF THE BOARD OF DIRECTORS

Daniel Kunz

Chief Executive Officer

For further information, please contact:

Daniel Kunz

Chief Executive Officer and Director
Prime Mining Corp.
1307 S. Colorado Ave.
Boise, Idaho 83706
Telephone: 1-208-926-6379 office
email: [email protected]

Andrew Bowering

Executive Vice President and Director
Prime Mining Corp.
1507 – 1030 West Georgia Street
Vancouver, BC, V6E 2Y3
Telephone: (604) 428-6128
Facsimile: (604) 428-6430
E: [email protected]

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

Forward Looking Information

Information set forth in this document may include forward-looking statements. While these statements reflect management’s current plans, projections, and intents, by their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the control of the Company. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on these forward-looking statements. There is no assurance the transactions noted above will be completed on the terms as contemplated, or at all. The Company’s actual results, programs, activities, and financial position could differ materially from those expressed in or implied by these forward-looking statements.



Posted on

HyreCar Inc. Announces Executive Leadership Appointments

HyreCar Inc. Announces Executive Leadership Appointments

The appointments include Brian Allan, President, and Ken Grimes, Chief Technology Officer

New Roles Strengthen Leadership Capacity to Execute on Long-Term Growth Initiatives

LOS ANGELES–(BUSINESS WIRE)–HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, food, and package delivery services today, announced leadership appointments for newly created executive roles to leverage significant growth opportunities.

Brian Allan (58) will assume the role of President, HyreCar Inc. after serving as the company’s Senior Vice-President of Strategic Partnerships. Mr. Allan has led HyreCar’s dealer and strategic partnership initiatives increasing institutional vehicle supply and incremental revenue opportunities since 2018. Mr. Allan joined HyreCar after a 30-year career as Group General Manager at one of the largest privately-held automotive retailers in the world, Galpin Motors. Mr. Allan also served on several OEM dealer councils and advisory boards for automotive and technology firms.

Ken Grimes (38) will assume the role of Chief Technology Officer after serving as Vice-President, Technology. Mr. Grimes led the technology team after succeeding HyreCar co-founder Abhi Arora in early 2019. Mr. Grimes is a veteran systems engineer and entrepreneur with over 18 years of management, research, and development expertise. His experience includes specialized modernizing legacy tech stacks with hyper-scale technologies including distributed systems, blockchain, and IoT.

Megan Behrens (27) will assume the role of Senior Vice-President of Product & Operations after serving in critical roles since HyreCar’s inception in 2016. Ms. Behrens’s most recent position was Vice-President of Product where she held direct responsibility for customer retention, satisfaction, and lifetime value objectives. She also holds a degree in accounting from Cal State Fullerton.

HyreCar’s recent completion of a $29.7 million public offering of common stock will be used, in part, to increase scalability, product offerings, and customer service initiatives. In a statement, Joe Furnari, CEO, HyreCar Inc., said, “HyreCar has entered a period of tremendous opportunities. We are in a position to leverage HyreCar’s innovative platform to accelerate growth and additional revenue streams. These new leadership appointments are critical to ensure that HyreCar executes on these goals.

“The company is pleased to announce Brian Allan as President of HyreCar. He’s an executive with a proven track record of delivering sustainable growth while increasing operating efficiencies and building teams. Brian is widely recognized as an innovator in the automotive industry and a respected authority on mobility trends. Additionally, Brian has demonstrated his ability to grow our business serving in his previous position of SVP for HyreCar. His new role as President will leverage his skills across the company. Ken Grimes’ appointment as Chief Technology Officer affirms our commitment to continue innovative initiatives and enhance HyreCar’s proprietary technology. In Ken’s prior role as VP of Technology, he was instrumental in implementing the necessary actions to increase scalability and innovation.

“Megan Behrens’s appointment to Senior Vice-President of Product and Operations is the natural career progression resulting from her contributions to HyreCar’s success. Megan’s commitment to customer success and experience is critical for the next phase of HyreCar’s growth. I’m proud to say the appointments announced today provide the depth of leadership and skill sets necessary to ensure that HyreCar maximizes its opportunities and achieves its objectives.”

The executive appointments are effective March 1, 2021.

About HyreCar

HyreCar Inc. (NASDAQ: HYRE) is a national car-sharing marketplace for ridesharing, food, and package delivery via its proprietary technology platform. The Company has established a leading presence in Mobility as a Service (MaaS) through individual vehicle owners, dealers, rental agencies, and OEMs that wish to participate in new mobility trends. By providing a unique opportunity through our safe, secure, and reliable marketplace, HyreCar is transforming the industry by empowering all to profit from Mobility as a Service. For more information, please visit hyrecar.com.

Forward-Looking Statements

Statements in this release concerning HyreCar Inc.’s (“HyreCar” or the “Company”) future expectations and plans, including, without limitation, HyreCar’s future earnings, partnerships and technology solutions, its ability to add and maintain additional car listings on its platform from car dealers, and consumer demand for cars to be used for ridesharing, may constitute forward-looking statements for the purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks, uncertainties and assumptions. You should not place reliance on these forward-looking statements, which include words such as “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” or similar terms, variations of such terms or the negative of those terms. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee such outcomes. HyreCar may not realize its expectations, and its beliefs may not prove correct. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, market conditions and the factors described in the section entitled “Risk Factors” in HyreCar’s most recent Annual Report on Form 10-K and HyreCar’s other filings made with the U. S. Securities and Exchange Commission. All such statements speak only as of the date made. Consequently, forward-looking statements should be regarded solely as HyreCar’s current plans, estimates, and beliefs. Investors should not place undue reliance on forward-looking statements. HyreCar cannot guarantee future results, events, levels of activity, performance or achievements. HyreCar does not undertake and specifically declines any obligation to update, republish, or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by applicable law.

John Evans

Investor Relations

415-309-0230

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Transport Fleet Management Transport General Automotive Automotive

MEDIA:

Logo
Logo
Posted on

Encompass Health declares dividend on common stock

PR Newswire

BIRMINGHAM, Ala., Feb. 24, 2021 /PRNewswire/ — Encompass Health Corporation (NYSE: EHC) today announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.28 per share, payable on April 15, 2021, to holders of record on April 1, 2021.

About Encompass Health
As a national leader in integrated healthcare services, Encompass Health (NYSE: EHC) offers both facility-based and home-based patient care through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. With a national footprint that includes 137 hospitals, 241 home health locations, and 82 hospice locations in 39 states and Puerto Rico, the Company provides high-quality, cost-effective integrated healthcare. Encompass Health is ranked as one of Fortune’s 100 Best Companies to Work For. For more information, visit encompasshealth.com, or follow us on our newsroom, Twitter and Facebook.

Forward-Looking Statements

Statements contained in this press release which are not historical facts are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995
. In addition, Encompass Health, through its senior management, may from time to time make forward-looking public statements concerning the matters described herein. All such estimates, projections, and forward-looking information speak only as of the date hereof, and Encompass Health undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. Actual events or results may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. While it is impossible to identify all such factors, factors which could cause actual events or results to differ materially from those estimated by Encompass Health include, but are not limited to,
the continued spread of COVID-19, including the speed, depth, geographic reach and duration of the spread, which could decrease our patient volumes and revenues and lead to staffing and supply shortages and associated cost increases; actions to be taken by
Encompass Health
in response to the pandemic; the legal, regulatory and administrative developments that occur at the federal, state and local levels;
Encompass Health’s
infectious disease prevention and control efforts;
Encompass Health’s ability to comply with extensive, complex, and ever-changing regulations in the healthcare industry; any adverse outcome of various lawsuits, claims, and legal or regulatory proceedings involving Encompass Health, including any matters related to yet undiscovered issues, if any, at acquired companies; potential disruptions, breaches, or other incidents affecting the proper operation, availability, or security of Encompass Health’s information systems, including unauthorized access to or theft of patient, business associate, or other sensitive information; changes, delays in (including in connection with resolution of Medicare payment reviews or appeals), or suspension of reimbursement for Encompass Health’s services by governmental or private payors; and other factors which may be identified from time to time in Encompass Health’s SEC filings and other public announcements,
including Encompass Health’s Form 10-K for the year ended December 31, 2019 and Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and Sept. 30, 2020.

Media Contact:

Hillary Carnel | 205-970-5912
[email protected] 

Investor Relations Contact:

Crissy Carlisle | 205-970-5860
[email protected]   

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/encompass-health-declares-dividend-on-common-stock-301234660.html

SOURCE Encompass Health Corp.

Posted on

AeroVironment Acquires Progeny Systems Corporation’s Intelligent Systems Group, a Leading Provider of Artificial Intelligence-Enabled Machine Learning and Perceptive Autonomy Technologies and Services

AeroVironment Acquires Progeny Systems Corporation’s Intelligent Systems Group, a Leading Provider of Artificial Intelligence-Enabled Machine Learning and Perceptive Autonomy Technologies and Services

  • Transaction significantly accelerates AeroVironment’s artificial intelligence and autonomy initiatives with best-in-class computer vision and machine perception capabilities
  • Increases AeroVironment’s customer-funded research and development revenue
  • Broadens the scope of AeroVironment’s advanced robotic systems engineering services for defense and commercial customers

SIMI VALLEY, Calif.–(BUSINESS WIRE)–AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced it has acquired Progeny Systems Corporation’s Intelligent Systems Group (ISG), a leader in the development of artificial intelligence-enabled computer vision, machine learning and perceptive autonomy technologies and provider of related services to United States government customers. The acquisition will significantly accelerate AeroVironment’s development of advanced autonomy capabilities for the company’s growing portfolio of intelligent, multi-domain robotic systems, increase customer-funded research and development revenue and broaden its advanced engineering services offering to defense and commercial customers. Under the terms of the transaction, AeroVironment acquired ISG for $30 million in cash and an earnout for Progeny Systems Corporation of up to $6 million over three years, based on the achievement of specific performance targets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224005375/en/

AeroVironment, Inc. accelerates artificial intelligence and autonomy initiatives with acquisition of Progeny Systems Corporation’s Intelligent Systems Group. (Graphic: Business Wire)

AeroVironment, Inc. accelerates artificial intelligence and autonomy initiatives with acquisition of Progeny Systems Corporation’s Intelligent Systems Group. (Graphic: Business Wire)

Founded in 2006, ISG performs research and development to create highly innovative machine learning, active perception and autonomy capabilities for Department of Defense and intelligence community customers. ISG’s software performs high-volume, automated analysis of still and video imagery from a broad spectrum of sources, including satellites, unmanned aircraft and fixed cameras, to detect specific objects, perform change detection assessment or discern “pattern of life” activity. With more than $10 million in fiscal year 2020 revenue, ISG is based in Manassas, Virginia, and has 40 employees, all of whom are continuing in their current roles. The ISG team will merge with AeroVironment’s MacCready Works Advanced Solutions team to focus on expanding the company’s customer-funded research and development revenue, while also adding critical expertise and capabilities to expand AeroVironment’s artificial intelligence and autonomy portfolio.

“The ISG team is a leader in developing some of the most advanced artificial intelligence technologies and capabilities for United States government customers, including the U.S. Navy, Marine Corps, Special Operations Command and Air Force,” said Wahid Nawabi, AeroVironment president and chief executive officer. “Acquiring ISG will enhance the intelligence of our growing, multi-domain robotic systems portfolio, increase customer-funded research and development revenue and deepen our relationships with strategically important customers. Delivering higher levels of intelligence and autonomy will improve the ability of our solutions to achieve customer mission objectives in permissive and anti-access/area-denied (A2/AD) environments through onboard processing, exploitation and dissemination (PED) without requiring radio communication. These capabilities will further differentiate our solutions and help our customers Proceed with Certainty.”

“ISG’s cutting-edge machine learning and computer vision capabilities are extremely complementary and relevant to our unmatched portfolio of unmanned systems. We continue to grow and shape our portfolio to align with the evolving needs of our customers, as evidenced by today’s announcement, by our acquisition of Arcturus UAV and our pending acquisition of Telerob. We believe that our strategy will deliver significant value to our customers and our shareholders. This series of acquisitions, combined with our focused research and development investments and our strong balance sheet, position us very well to deliver capabilities our customers will value, and capitalize on the long-term market opportunities in front of us. We are excited about our future and the significant value creation potential of our business,” Mr. Nawabi added.

“We’re very pleased to have our Integrated Systems Group (ISG), a division of Progeny Systems Corporation, join the AeroVironment team,” said Walt Kitonis, chief executive officer of Progeny Systems. “The people, skills, and technologies that each company has are extremely complementary and will bring big benefits to the warfighter. Our employees have worked well together in the past and we are excited to see how the combined teams’ abilities will allow rapid support and deployment for current and emerging warfighter requirements. Progeny Systems and AeroVironment will continue to support existing programs and together pursue new opportunities in the future.”

“AeroVironment is a global leader in tactical unmanned systems and a trusted provider of unique, customer-funded research and development services,” said Dr. Timothy Faltemier, managing director of ISG. “Joining AeroVironment provides a unique opportunity to develop cutting-edge computer vision and perceptive autonomy functions specifically tailored to individual robotic platforms and missions. The ISG team will expand AeroVironment’s capabilities in perceptive autonomy with our advanced computer vision technologies and expand the scope of its advanced engineering services, while deepening existing relationships with key U.S. government customers. We are very excited to join the AeroVironment team and contribute our expertise to the realization of its exciting portfolio of intelligent, multi-domain robotic systems.”

The ISG facility in Virginia will now operate as AeroVironment’s new Artificial Intelligence Innovation Center. Within the AeroVironment Artificial Intelligence Innovation Center, the ISG team will collaborate with teams across AeroVironment to integrate cutting-edge technologies into the company’s growing offering and solution roadmap. For example, new artificial intelligence and perceptive autonomy capabilities from ISG will enable AeroVironment’s unmanned systems to identify specific objects autonomously while performing their missions and either proceed with or modify those missions, based on the objects they detect. These new capabilities will increase the effectiveness of AeroVironment’s solutions, reduce the workload of their operators and improve their ability to operate in complex or contested environments, where GPS signals and radio frequency communication may not be reliable or available.

ABOUT AEROVIRONMENT, INC.

AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Celebrating 50 years of innovation, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. For more information, visit www.avinc.com.

SAFE HARBOR STATEMENT

Certain statements in this press release may constitute “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to successfully achieve the anticipated benefits of the ISG acquisition, including by retaining key employees and customers of ISG; our ability to successfully integrate and achieve the benefits of our acquisition of Arcturus UAV, Inc.; our ability to successfully consummate the transactions contemplated by the agreement to purchase Telerob Gesellschaft für Fernhantierungstechnik mbH on a timely basis, if at all, including the satisfaction of the closing conditions of such transaction; the risk that disruptions will occur from the acquisitions that will harm our business or any acquired business(es); any disruptions or threatened disruptions to our relationships with our distributors, suppliers, customers and employees; the ability to timely and sufficiently integrate acquired operations into our ongoing business and compliance programs, including theexpansion of international aspects; our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Media:

Mark Boyer

The Boyer Syndicate

+1 (310) 229-5956

AeroVironment Corporate Communications

+1 (805) 520-8350

[email protected]

Investors:

AeroVironment, Inc.

Makayla Thomas

+1 (805) 520-8350

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Security Defense Technology Aerospace Manufacturing Other Defense

MEDIA:

Logo
Logo
Photo
Photo
Progeny ISG’s best-in-class machine learning and perceptive autonomy deliver advanced mission capabilities to AeroVironment’s portfolio of intelligent, multi-domain robotic systems. (Graphic: Business Wire)
Photo
Photo
AeroVironment, Inc. accelerates artificial intelligence and autonomy initiatives with acquisition of Progeny Systems Corporation’s Intelligent Systems Group. (Graphic: Business Wire)
Photo
Photo
AeroVironment continues to develop its portfolio of intelligent, multi-domain robotic systems. (Graphic: Business Wire)
Posted on

Leggett & Platt Announces Webcast Of March 3rd Presentation

PR Newswire

CARTHAGE, Mo., Feb. 24, 2021 /PRNewswire/ — Diversified manufacturer Leggett & Platt announced that Karl G. Glassman, Chairman & Chief Executive Officer, will speak to the investment community in the Raymond James virtual 42nd Annual Institutional Investors Conference on Wednesday, March 3, 2021 at 8:20 a.m. Eastern (7:20 a.m. Central).

The presentation will be webcast and can be accessed from the Investor Relations section of Leggett’s website at www.leggett.com. Investors are encouraged to log on at least five minutes prior to the start of the presentation.

FOR MORE INFORMATION: Visit Leggett’s website at www.leggett.com.

COMPANY DESCRIPTION:  At Leggett & Platt (NYSE: LEG), we create innovative products that enhance people’s lives, generate exceptional returns for our shareholders, and provide sought-after jobs in communities around the world. L&P is a 138-year-old diversified manufacturer that designs and produces engineered products found in most homes and automobiles. The Company is comprised of 15 business units, 20,000 employee-partners, and 135 manufacturing facilities located in 17 countries.

Leggett & Platt is the leading U.S.-based manufacturer of: a) bedding components; b) automotive seat support and lumbar systems; c) specialty bedding foams and private label finished mattresses; d) components for home furniture and work furniture; e) flooring underlayment; f) adjustable beds; and g) bedding industry machinery.

CONTACT:   Investor Relations, (417) 358-8131 or [email protected]
Susan R. McCoy, Senior Vice President, Investor Relations
Cassie J. Branscum, Senior Director, Investor Relations
Tarah L. Sherwood, Director, Investor Relations

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/leggett–platt-announces-webcast-of-march-3rd-presentation-301234657.html

SOURCE Leggett & Platt

Posted on

Synopsys Delivers Breakthrough Performance with New ZeBu Empower Emulation System for Hardware-Software Power Verification

ZeBu Empower Enables Power Verification Turnaround Within Hours Using Real-World Software Workloads for AI, 5G, Data Center and Mobile SoC Applications

PR Newswire

MOUNTAIN VIEW, Calif., Feb. 24, 2021 /PRNewswire/ —

Highlights:

  • Industry’s first SoC power-aware emulation system for multi-billion gate designs enables hardware-software power verification with software workloads
  • The industry’s fastest emulation system – with high performance power verification engines – enables multiple iterations per day  
  • ZeBu Empower feeds power critical blocks and time windows into PrimePower, the industry’s golden power sign-off solution


Synopsys, Inc.
 (Nasdaq: SNPS) today announced the immediate availability of ZeBu® Empower emulation system, delivering breakthrough technology for fast hardware-software power verification of multi-billion gate SoC designs. The performance of ZeBu Empower enables multiple iterations per day with actionable power profiling in the context of the full design and its software workload. With ZeBu Empower, software and hardware designers can utilize the power profiles to identify substantial power improvement opportunities for dynamic and leakage power much earlier. The ZeBu Empower emulation system also feeds forward power-critical blocks and time windows into Synopsys’ PrimePower engine to accelerate RTL power analysis and gate-level power sign-off.

Customer Commentary:

  • “As high-performance designs and workloads continue to grow in complexity, achieving leadership performance within a thermal envelope is important for our products,” said Alex Starr, Corporate Fellow, Technology and Engineering at AMD. “Solutions that allow us to efficiently profile power consumption across real workloads in a pre-silicon environment help us achieve our product goals. Synopsys’ ZeBu Empower, operating in collaboration with servers using 2nd Gen AMD EPYCTM processors, has enabled us to perform pre-silicon power analysis more efficiently in a quicker time.”
  • “For AI and machine learning solutions to scale in adoption, the overall goal is to optimize for the lowest power while delivering the highest processing throughput,” said Krishna Rangasayee, Founder and CEO at SiMa.ai. “We are extending our continued collaboration with Synopsys by using their ZeBu Empower emulation system with complex software workloads running on our purpose-built MLSoC™ architecture. ZeBu Empower’s impressive performance provides our design teams with a global perspective on power, leading them to the key areas for optimization.”

Traditionally, power analysis with realistic software workloads is performed post-silicon, introducing a high amount of risk to miss critical high-power situations, which exposes companies to significant cost and product adoption risk. By taking advantage of high-speed emulation in ZeBu Empower, design teams can perform verification earlier in the design cycle, dramatically reducing risks of power bugs and missed SoC power goals.

“The industry’s need to shift-left software development from post-silicon to pre-silicon has driven tremendous adoption of our ZeBu Server over the last five years,” said Manoj Gandhi, general manager of the Verification Group at Synopsys. “Our breakthrough technology in ZeBu Empower addressees our customers’ need for hardware-software power verification enabling them to develop a new generation of power optimized SoCs.”

Synopsys offers a comprehensive solution for low power design and verification, including RTL-based early power exploration to the industry’s golden power signoff; from early static verification to emulation-based hardware-software power verification. Synopsys’ innovative low power solutions are deployed across some of the most demanding designs, globally.

Availability

The Synopsys ZeBu Empower emulation system for hardware-software power verification solution is available now.

About Synopsys

Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry’s broadest portfolio of application security testing tools and services. Whether you’re a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products. Learn more at www.synopsys.com. 

AMD, the AMD Arrow logo, EPYC, and combinations thereof are trademarks of Advanced Micro Devices, Inc.

Editorial Contacts:

Simone Souza

Synopsys, Inc.
650-584-6454
[email protected]

 

Cision View original content:http://www.prnewswire.com/news-releases/synopsys-delivers-breakthrough-performance-with-new-zebu-empower-emulation-system-for-hardware-software-power-verification-301234627.html

SOURCE Synopsys, Inc.

Posted on

Greenlane Renewables Named to the 2021 Venture 50 by the TSX Venture Exchange

Greenlane Renewables Named to the 2021 Venture 50 by the TSX Venture Exchange

~Greenlane showcased along with the top performing listed companies from five industry sectors~

VANCOUVER, British Columbia–(BUSINESS WIRE)–
Greenlane Renewables Inc. (“Greenlane”) (TSX: GRN / FSE: 52G) today announced it has been named to the 2021 Venture 50, the TSX Venture Exchange’s flagship program showcasing the ten top performing listed companies from five industry sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. The performance criteria is based on trading volume and increase in share price and market capitalization during calendar year 2020.

“We are honoured to have been recognized as one of the top 10 performing Clean Technology and Life Sciences companies on the TSX Venture Exchange,” said Brad Douville, President & CEO of Greenlane. “We became a public company only 20 months ago and to see this recognition being named to the 2021 Venture 50 is a testament to the hard work and dedication of our team, the strength of our technology and the strong market support of our value proposition in the fast emerging renewable natural gas industry.”

On February 17, 2021 Greenlane announced its graduation to the TSX senior board with its common shares and warrants trading on the TSX under the current trading symbols of “GRN” and “GRN.WT”, respectively.

About Greenlane Renewables

Greenlane Renewables is a leading global provider of biogas upgrading systems that are helping decarbonize natural gas. Our systems produce clean, low-carbon renewable natural gas from organic waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel. Greenlane is the only biogas upgrading company offering the three main technologies: water wash, pressure swing adsorption, and membrane separation. With over 30 years industry experience, patented proprietary technology, and over 110 biogas upgrading systems supplied into 18 countries worldwide, including the world’s largest biogas upgrading facility, Greenlane is inspired by a commitment to helping waste producers, gas utilities or project developers turn a low-value product into a high-value low-carbon renewable resource. For further information, please visit www.greenlanerenewables.com.

Incite Capital Markets

Eric Negraeff / Darren Seed

Ph: 604.493.2004

Brad Douville, President & CEO, Greenlane Renewables

Email: [email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Other Natural Resources Environment Oil/Gas Alternative Energy Energy Natural Resources

MEDIA:

Logo
Logo
Posted on

IIROC Trading Halt – MOJ

Canada NewsWire

VANCOUVER, BC, Feb. 24, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Mojave Gold Corp.

CSE Symbol: MOJ

All Issues: Yes

Reason: At the request of the Company Pending News

Halt Time (ET): 8:48 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions