Market Newsdesk

March 16, 2021 10:54 am

Group 1 Automotive Acquires Two Toyota Dealerships in Massachusetts

PR Newswire

HOUSTON, March 16, 2021 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced the expansion of its business presence in the Massachusetts market with the acquisition of two Toyota dealerships. The dealerships are located in Hyannis and Orleans on Cape Cod. These stores are expected to generate approximately $120 million in annualized revenues.

“We are excited to grow our scale in New England with two additional stores and expand our long-standing partnership with Toyota,” said Earl J. Hesterberg, Group 1’s president and chief executive officer.

The acquisition of these stores brings Group 1’s total U.S. Toyota dealership count to fifteen and increases the total representation in New England to ten dealerships, which includes the Audi, BMW, Lexus, Subaru, and Toyota brands.

ABOUT GROUP 1 AUTOMOTIVE, INC.

Group 1 owns and operates 184 automotive dealerships, 237 franchises, and 49 collision centers in the United States, the United Kingdom and Brazil that offer 31 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.

Investors please visit www.group1corp.com
, www.group1auto.com
, www.group1collision.com
, www.acceleride.com, www.facebook.com/group1auto
, and www.twitter.com/group1auto
, where Group 1 discloses additional information about the Company, its business, and its results of operations.

Investor contacts:

Sheila Roth

Manager, Investor Relations
Group 1 Automotive, Inc.
713-647-5741 | [email protected]

Media contacts:

Pete DeLongchamps

Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automotive, Inc.
713-647-5770 | [email protected]
or
Clint Woods
Pierpont Communications, Inc.
713-627-2223 | [email protected]

View original content:http://www.prnewswire.com/news-releases/group-1-automotive-acquires-two-toyota-dealerships-in-massachusetts-301248504.html

SOURCE Group 1 Automotive, Inc.

March 16, 2021 10:53 am

Angold Extends Mineralization, Intersects Two New Zones at Dorado

PR Newswire

VANCOUVER, BC, March 16, 2021 /PRNewswire/ – Angold Resources Ltd. (TSXV: AAU) (FRA: 13L1) (“Angold” or the “Company”) is pleased to announce that it has received further favorable assay results for holes DO-21-02 and DO-21-03 from drilling on the Lajitas historic resource, at the Company’s Dorado project located in the Maricunga belt of Chile.

The most favorable intercepts in this second batch of assay results were 110 m at 0.75 g/t Au in DO-21-02 and 140 m at 0.82 g/t Au in DO-21-03, thus demonstrating excellent continuity of mineralization at Lajitas. Assayed grades of up to 4.06 g/t Au (over 2 m) also confirm the high grade potential of this target.

First assay results, including the intercept of 302 m at 0.71 g/t Au from surface in DO-21-01 are outlined in the Company’s news release dated February 16, 2021.

Angold’s CEO, Mr. Adrian Rothwell, stated: “With early results confirming higher grades than in historic drilling, long intercepts, and identifying continuous mineralization in new zones, we are confident in the expansion potential of the Lajitas historic resource.”

Assays from the second and third drill holes have identified new areas of mineralization:

In DO-21-02 east of the East Zone, intersecting mineralization in an area not previously drilled; and
In DO-21-03, extending mineralization approximately 50 m to the north of holes DO-21-01 and DO-21-02.

Together, these drill holes demonstrate depth and strike continuity of the East Zone of mineralization, which was intersected from surface in hole DO-21-01. They also suggest that the mineralization in the East Zone strikes north-northeast and dips steeply to the east. Additional holes are planned to test extensions of this mineralization at depth and to the northeast and southwest (Figures 1 and 2).

Mineralization observed in drill core continues to be typical of Maricunga-style gold porphyry deposits, consisting dominantly of banded quartz-magnetite veins (Figure 3), with apparent overprinting of a telescoped epithermal system.

Assay results from the remainders of holes DO-21-02 and DO-21-03 are in progress (Table 1). The Company has planned a total program of approximately 5,000 m over 10 holes.

DRILL RESULTS

Angold’s second drill hole DO-21-02 has intersected a new zone of mineralization in an area not previously drilled. Although lower grade, the intercept of 16 m at 0.35 g/t Au from 58 m downhole demonstrates expansion potential for the deposit.

Drill hole DO-21-02 assayed 110 m grading 0.75 g/t Au, including two separate higher-grade intervals of 30 m @ 1.04 g/t Au and 32 m of 1.11 g/t Au. Hole DO-21-02 also intersected a second new zone of mineralization to the east of the East Zone, grading 0.38 g/t Au over 16 m, from 116 m downhole. The last assays received for hole DO-21-02 averaged 0.51 g/t Au over 6 m, with assays pending below the final assay of 1.03 g/t Au at 412-414 m downhole. This may be a deeper portion of the West Zone of mineralization (Figure 2). Drill hole DO-21-02 was drilled from east to west to test the NNE structural corridor controlling the mineralization. and has added additional mineralization to the east of intercepts in DO-21-01 and other historical drilling in the area (Figures 1 and 2).

Drill hole DO-21-03 assayed 140 m grading 0.82 g/t Au, including 74 m @ 1.25 g/t Au (Figures 1 and 2). This hole was drilled from northwest to southeast and extends mineralization approximately 50 m to the north of holes DO-21-01 and 02. The 140-m interval in DO-21-03 ended in mineralization, with mineralization observed in drill core below 308 m downhole and assays pending.

Table 1: Assay Results

Hole ID	Length, m	g/t Au	From, m	To, m	Notes
DO-21-01	302	0.71	0	302
including	34	0.90	76	110
and	68	1.30	156	224
DO-21-02	16	0.35	58	74
DO-21-02	16	0.38	116	132
DO-21-02	110	0.75	200	310
including	30	1.04	228	258
and	32	1.11	270	298
DO-21-02	6	0.51	408	414	Open at depth, with assays pending
DO-21-03	140	0.82	168	308	Open at depth, with assays pending
including	74	1.25	194	268

Table 2. Dorado drill-hole collar table.

Hole ID	Collar East WGS84	Collar North WGS84	CollarElev m	Collar Az	Collar Dip	Total Depth m
DO-21-01	507080	6980110	4562	120	-60	540
DO-21-02	507350	6979975	4555	290	-45	484.5
DO-21-03	507093	6980248	4583	164	-54	513.7
DO-21-04	507200	6979970	4521	282	-70	in progress
DO-21-05	506893	6980142	4525	110	-60	in progress

Figure 1. Map of Angold’s Dorado drill results and historic drilling.

Figure 2. Cross section looking north at Angold Dorado drill results and historical drilling.

Figure 3. Black banded quartz-magnetite vein at a depth of 252.7 m in drill hole DO-21-03. This vein is within a 2-m interval (252-254 m) grading 4.06 g/t Au, a relatively high-grade assay for Maricunga mineralization.

More news on the Company’s planned drill program may be obtained in the news release on January 12, 2021: https://www.angoldresources.com/post/angold-resources-begins-drilling-at-dorado.

QAQC Statement
All of Angold Resources’ drill sample assay results have been independently monitored through a quality assurance/quality control (“QA/QC”) protocol which includes the insertion of blind standard reference materials, blanks, and duplicates at regular intervals. Logging and sampling of the Dorado drill samples were completed at Angold’s core handling facilities located in Copiapo, Chile. Drill core was diamond sawn on site and half drill-core samples were securely transported to ALS Laboratories’ (“ALS”) sample preparation facility in Copiapo.

Gold content was determined by fire assay of a 50-gram charge with atomic absorption finish (ALS method Au-AA24). Thirty-three other elements were analyzed by ICP methods with four-acid digestion (ALS method ME-ICP61m). ALS Laboratories is independent of Angold Resources and its facilities are ISO 17025 accredited. ALS also performed its own internal QA/QC procedures to assure the accuracy and integrity of results. Parameters for ALS’ internal and Angold’s external blind quality control samples were acceptable for the samples analyzed. Angold is not aware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of its drill results data.

Qualified Person

David Smith, CPG, the VP Global Exploration for Angold and a Qualified Person in accordance with National Instrument 43-101, is responsible for supervising the exploration programs at Angold’s projects and has reviewed and approved the technical information contained in this news release.

About Angold
Angold is an exploration and development company targeting large-scale mineral systems in the proven districts of the Maricunga, Nevada and Ontario. Angold owns a 100% interest in the Dorado, Cordillera and South Bay-Uchi projects, and certain claims that append the optioned Iron Butte project.

ON BEHALF OF THE BOARD OF ANGOLD RESOURCES LTD.

“Adrian Rothwell”

Chief Executive Officer

Further information on Angold can be found on the Company’s website at www.angoldresources.com and at www.sedar.com, or by contacting the Company by email at [email protected] or by telephone at (866) 852 8719.

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:

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance and includes expectations of the resumption of trading of the Company’s common shares on the Exchange. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as “appear”, “seek”, “anticipate”, “plan”, “continue”, “estimate”, “approximate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “would” and similar expressions. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release.

View original content to download multimedia:http://www.prnewswire.com/news-releases/angold-extends-mineralization-intersects-two-new-zones-at-dorado-301247827.html

SOURCE Angold Resources Ltd.

March 16, 2021 10:52 am

EnerCom Announces Preliminary List of Participating Companies at the EnerCom Dallas Energy Investment and ESG Conference, April 6-7, 2021

In 2021, EnerCom is launching its Environmental, Social and Governance Summit as a part of the EnerCom Dallas event

Event will be a hybrid format with a small (100 – 150 people) in person audience on April 6 in Dallas at the Petroleum Club (still webcast out to ~1,000+) and a full virtual day of presentations and panel discussions on April 7

PR Newswire

DENVER, March 16, 2021 /PRNewswire/ — EnerCom, Inc. announces participating companies for the EnerCom Dallas Energy Investment & ESG ConferenceApril 6-7, 2021. EnerCom Dallas is a financial conference that allows institutional investors an early 2021 opportunity to meet CEOs from leading independent E&Ps, including some of the industry’s leading Permian, Eagle Ford, Marcellus, Utica and Canadian producers, and the oilfield service companies supporting them, and hear them discuss their plans to drive development, fund operations and return value to shareholders in 2021.

“We are excited to be one of the first, if not the first, energy investment conferences to start bringing industry and capital markets back together in person. I want to thank all our supporters and participating companies for helping us make this event a reality. EnerCom Dallas will give the investment community and peers an early opportunity to hear the leading independent oil and gas producers and service companies present their plans for 2021,” said Aaron Vandeford, President of EnerCom. “Growing public expectations around CSR has increased the emphasis by investors on making investments in companies that are actively addressing ESG concerns. EnerCom will look to help facilitate this dialogue at our Dallas conference.”

Company lineup as of March 15, 2021 includes:

EnerCom is confirming additional companies to the lineup daily. The complete daily schedule of presenters will be posted shortly on the website (presenters, days, times are subject to change). The conference investor presentations begin at 8:00 a.m. CT and run through 4:30 p.m. CT on April 6-7, 2021.

Registration for EnerCom Dallas is now open

Buyside professionals and oil and gas company executives may register for the event, at no cost, through the conference website.

The EnerCom Dallas conference follows EnerCom’s familiar 25-minute CEO presentation format, followed by 50-minute Q&A opportunities in separate breakout rooms, one-on-one meeting opportunities for buyside investors to meet company management teams, networking opportunities and global insight delivered by leading energy economists and strategists. The event also provides energy industry professionals a venue to learn about important energy topics affecting the global oil and gas industry. The conference offers healthy dialogue and informal networking opportunities for attendees and presenters.

Conference Details: Modeled after EnerCom’s The Oil & Gas Conference® in Denver, EnerCom Dallas offers investment professionals a unique opportunity to listen to oil and gas company senior management teams update investors on their operational and financial strategies and learn how the leading energy companies are building value in 2021. This event will be hosted in a hybrid format (in person and online). We want to take the first steps of safely bringing the industry together in person while maintaining optionality for participants to join the discussion virtually depending on everyone’s unique situation.

Conference Dates:
April 6 and 7, 2021

Venue: Dallas Petroleum Club (and webcast live) on April 6, 2021. Fully online on 7, 2021.

Public and Private Company Presenters: EnerCom Dallas will feature both public and private companies headquartered in Canada and the U.S. with operations across the most active and prolific oil and gas regions and the globe.

Who Attends the Conference: Institutional and hedge fund investors, private equity investors, energy research analysts, broker/dealers, trust officers, high net worth investors, commercial energy bankers and other energy industry professionals will gather in Dallas for the conference.

One-on-One Meetings: EnerCom works in advance with presenting company management teams to arrange one-on-one meetings with the attending institutional investors and research analysts at the conference venue and online.

About EnerCom, Inc.

Founded in 1994, EnerCom, Inc. is an internationally recognized management consultancy advising companies on Environmental, Social & Governance (ESG), investor relations, corporate strategy/board advisory, marketing, analysis and valuation, media, branding, and visual communications design. Headquartered in Denver, EnerCom and its team of experts are passionate about the energy industry and our work to provide clients with wide range of services to build brand recognition that drives valuation and returns.

EnerCom’s upcoming 2021 oil and gas investment conferences include:

EnerCom Dallas – April 6-7, 2021
EnerCom Denver (The Oil & Gas Conference®) – August 15-18, 2021

For more information about EnerCom and its services, please visit http://www.enercominc.com/ or call +1 303-296-8834 to speak with the management team or one of our consultants.

Event Sponsors Include:

About Netherland, Sewell & Associates, Inc.

Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services.

For a complete list of services or to learn more about Netherland, Sewell & Associates, Inc. please visit https://netherlandsewell.com/.

About Haynes and Boone

Haynes and Boone, LLP is an energy focused corporate law firm, providing a full spectrum of legal services and solutions to clients across the oil and gas industry, including the upstream, midstream, and downstream sectors. Lawyers from our Denver office and 15 other offices work as a team to meet the legal needs of our domestic and international clients involved in oil and gas. We represent private and public oil and gas companies, financial institutions, investment funds and other investors. Our team of more than 100 energy lawyers and landmen understands the physical and financial energy markets, and the firm has been helping both operators and lenders complete some of the largest financings and M&A transactions in recent years. The BTI Industry Power Rankings, published by BTI Consulting Group, Inc., named Haynes and Boone a “Leading Recommended” firm for the energy industry in 2017, ranking our firm among the top three percent of all law firms. For more information, please visit www.haynesboone.com/.

About Enverus

In 1999, Enverus was founded as Drillinginfo, a groundbreaking provider of reliable oil & gas data, when the industry was on the brink of a digital revolution—a revolution that we would eventually fuel. Over the years, we grew exponentially through product innovation, market expansion, and acquisitions. Today, we are the energy industry’s leading data, insights, and software company, helping customers outpace their competition and influence their respective industries.

For more information, visit www.enverus.com

Great Western Petroleum, LLC

Denver-based Great Western Petroleum, LLC, is an independent oil and natural gas company focused on the exploration, development, acquisition and exploitation of unconventional reserves of oil, natural gas and NGLs in the core of the Wattenberg Field, which is located within the DJ Basin. The Company’s properties are primarily located in northwestern Adams County and western Weld County in Colorado.

For more information, visit www.greatwesternpetroleum.com

Noble Royalties Inc.

Founded in 1997 by Scott Noble, Noble Royalties began assisting owners interested in monetizing their sub-surface rights by acquiring their mineral rights, royalties and overriding. He learned that buyers historically had been sharing little information and subsequently making offers below “Real Market Value”. Mr. Noble knew that by internally evaluating with more depth, he could pay a “Real Market Value” and sellers would accomplish their personal or estate planning goals. Noble Royalties quickly became respected and one of the largest independent mineral/royalty buyers in the nation. Acquiring over $1,500,000,000 in minerals, royalties & ORRI, Noble has a deep understanding of owners and is able to offer a better owner experience.

For more information, visit www.nobleroyalties.com

View original content:http://www.prnewswire.com/news-releases/enercom-announces-preliminary-list-of-participating-companies-at-the-enercom-dallas-energy-investment-and-esg-conference-april-6-7-2021-301248500.html

SOURCE EnerCom, Inc.

March 16, 2021 10:52 am

IIROC Trading Halt – BOS

Canada NewsWire

TORONTO, March 16, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: AirBoss of America Corp.

TSX Symbol: BOS

All Issues: Yes

Reason: Pending News

Halt Time (ET): 10:33 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

March 16, 2021 10:49 am

IIROC Trade Resumption – MVMD

Canada NewsWire

VANCOUVER, BC, March 16, 2021 /CNW/ – Trading resumes in:

Company: Mountain Valley MD Holdings Inc.

CSE Symbol: MVMD

All Issues: No

Resumption (ET): 10:38:27 AM

SOURCE Investment Industry Regulatory Organization of Canada (IIROC)

March 16, 2021 10:48 am

Cadence Unveils Next-Generation Sigrity X for Up to 10X Faster System Analysis

Cadence Unveils Next-Generation Sigrity X for Up to 10X Faster System Analysis

Sigrity X leverages breakthrough distributed computing architecture for hyperscale, 5G communications, automotive and aerospace applications

Highlights:

Sigrity X delivers up to 10X performance improvement with uncompromised accuracy
Breakthrough massively distributed simulation enables large-scale complex analysis in the cloud
Tightly integrated, leading SI/PI technology available across Cadence design platforms
New user experience enables immediate transition across different analysis workflows, minimizing setup time for detailed system analysis

SAN JOSE, Calif.–(BUSINESS WIRE)–
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the next-generation Cadence^®Sigrity^™ X signal and power integrity (SI/PI) solutions. Sigrity X features powerful new simulation engines for system-level analysis and includes the innovative massively distributed architecture of the flagship Cadence Clarity^™ 3D Solver. The new Sigrity X tool suite addresses the size and scalability challenges of system-level simulations faced by today’s leading-edge technologists in the 5G communications, automotive, hyperscale computing, and aerospace and defense industries. Delivering up to a 10X performance gain for simulation speed and design capacity, Sigrity X also provides a new user experience that streamlines setup time for detailed system-level SI/PI analysis by transitioning seamlessly across different analysis workflows.

Additionally, the next-generation release works in tandem with the Clarity 3D Solver and is deeply integrated into Cadence’s Allegro^® PCB Designer and Allegro Package Designer Plus. This enables PCB and IC package designers to incorporate end-to-end, multi-fabric, multi-board systems (from transmitter to receiver or power source to power sink) for SI/ PI signoff success.

“Cadence is dedicated to solving the most challenging system-level analysis problems with unprecedented speed and accuracy. Sigrity X delivers an extensive and comprehensive SI/PI analysis, optimization and signoff solution,” said Ben Gu, vice president of multi-physics system analysis in the Custom IC & PCB Group at Cadence. “Sigrity X is the most significant Sigrity breakthrough in the past decade, representing more than a rearchitected engine and transformed user interface. It’s a paradigm shift in customer productivity and SI/PI design insight.”

Endorsements

“Our continued success in the 5G mobile, home entertainment, networking and other industries depends on design and analysis tools that keep up with thriving markets and demanding time-to-market schedules. We work closely with the Sigrity team from Cadence and are very pleased to see the results being delivered in the next-generation Sigrity release. Not only can many designs be analyzed 10X faster with the same accuracy level, but the capability has also been extended to larger and more complex designs that previously could not be analyzed. This productivity builder is allowing us to cut weeks off our design cycles and expedite our product delivery.”

Aaron Yang, Senior Director at MediaTek

“In a world with increasing speed and scale, there is a growing need to verify systems accurately and quickly in order to deliver Renesas products to the data center, industrial and automotive markets in a timely manner. Using the new Sigrity 2021 release, important processes for IC package signoff were improved dramatically; simulations that took more than a day to complete can now be completed in just a few short hours. We are excited about the adoption of this new technology, with a proven performance improvement of 10X, for our production designs.”

Tamio Nagano, Senior Principal Engineer, Design Automation Department, Shared R&D EDA Division, IoT and Infrastructure Business Unit at Renesas

“We depend on fast and accurate modeling tools for the advanced IC packages we design for our foundry customers. Using the tightly integrated Allegro Package Designer Plus and Sigrity XtractIM tool combination from Cadence has been key to our many successes. The Sigrity 2021 release brings us the same level of accuracy from the Sigrity XtractIM field solver with performance that can allow us to deliver final design plans weeks earlier than before. Along with another 10X performance improvement from Cadence, we are looking forward to delivering a better product to our customers.”

Sangyun Kim, VP of Foundry Design Technology at Samsung Electronics

“Our high-speed interfaces such as 56G SerDes and LPDDR5 must meet strict signal integrity requirements. Our design teams require that our PCB design and analysis tools work seamlessly. The combination of Cadence Allegro PCB design tools and Sigrity analysis tools gives us this seamless integration. We are now seeing ‘the X-factor’ with Sigrity technology. Sigrity X-Technology delivers up to 10X performance improvements over previous releases, significantly reducing the time required to analyze the PCB. We can now increase quality by iterating two or three more times and still meet our schedules. This ensures we have a robust product for our customers.”

David Dai, VP of H3C Semiconductor Technologies Co., Ltd.

Sigrity X supports Cadence’s Intelligent System Design^™ strategy, enabling system innovation. Customers can learn more at www.cadence.com/go/SigrityX as well as register for the on-demand next-generation Sigrity X webinar at www.cadence.com/go/events.

About Cadence

Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For six years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

© 2021 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210316005416/en/

For more information, please contact:

Cadence Newsroom

408-944-7039

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Electronic Design Automation Semiconductor Data Management Technology Software Hardware

MEDIA:

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March 16, 2021 10:48 am

Duke Energy Renewables announces commercial operation of its largest windpower project – 350-MW Frontier II in Oklahoma

– AT&T and Ball Corporation invest in wind energy produced by project.

– New project is expansion of 200-MW Frontier Windpower project, operational since 2016.

PR Newswire

CHARLOTTE, N.C., March 16, 2021 /PRNewswire/ — Duke Energy Renewables, a commercial business unit of Duke Energy (NYSE: DUK), today announced the commercial operation of the largest windpower project in its fleet – the 350-megawatt (MW) Frontier Windpower II project in Kay County, Okla.

The project is an expansion of the 200-MW Frontier Windpower project, operational since 2016. Together, Frontier I and II are generating a total of 550 MW of wind energy – enough to power about 193,000 average-size homes.

AT&T and Ball Corporation have signed 15-year virtual power purchase agreements (VPPAs) for 160 MW and 161 MW, respectively. These VPPAs will settle on an as-generated basis tied to Frontier II’s real-time energy output.

“We’re pleased to be working with AT&T and Ball Corporation on the Frontier II project, which is located in an area that has some of the best wind resources in the country,” said Chris Fallon, president of Duke Energy Renewables. “This project further demonstrates how we can address the community’s need for clean energy resources, while providing unique sustainability solutions for our customers.”

“At AT&T, we believe renewable energy is good for the planet, for our business, and for the communities we serve,” said Scott Mair, president of AT&T Network Engineering & Operations. “With more than 1.5 gigawatts of renewable energy capacity, our portfolio delivers clean electricity to the grid, helps to create jobs and community benefits, and supports the transition to a low-carbon economy. This is an important piece of our journey to reach carbon neutrality across our global operations by 2035.”

“In 2019 Ball Corporation released new climate goals approved by the Science Based Target Initiative, including a 55% absolute reduction in our Scope 1 and Scope 2 greenhouse gas emissions by 2030 with a significant portion of that reduction coming from our global transition to renewable energy, ” said Kathleen Pitre, chief commercial officer and chief sustainability officer of Ball Corporation. “Partnering with Duke Energy on the Frontier II project is a momentous step in helping Ball achieve our Science Based Targets, reduce the carbon footprint of our beverage cans and support our customers’ sustainability goals. As the largest aluminum beverage packaging manufacturer in the world and a leading corporate buyer of renewable energy in our industry, the Frontier II project will contribute to Ball meeting our target to address 100% of our North American electricity load with renewable energy.”

During peak construction, the wind project created approximately 250 jobs. Along with indirect economic benefits that accompany wind project development, such as increased local spending in the service and construction industries, Frontier II will also have a positive economic impact on the local community by providing significant local tax revenues during assessment years of commercial operation to the county and local school districts, as well as meaningful payments to participating landowners.

Nordex Group supplied 74 4.8-MW wind turbines for the site. Amshore Renewable Energy provided development support for the project, and Wanzek Construction was the contractor.

The 350-MW Frontier Windpower II project will produce enough energy to power about 123,000 average homes.

Duke Energy is one of the nation’s top renewable energy providers, and this project supports Duke Energy’s plans to double its enterprise renewable portfolio from 8 GW to 16 GW by the end of 2025.

About Duke Energy Renewables

Duke Energy Renewables, a unit of Duke Energy Corporation, operates wind and solar generation facilities across the U.S., with a total electric capacity of nearly 4,000 megawatts of nonregulated renewable energy. The power is sold to electric utilities, electric cooperatives, municipalities, and commercial and industrial customers. The unit also operates energy storage and microgrid projects. Visit Duke Energy Renewables for more information. Duke Energy Corporation is one of the nation’s top renewable energy providers, on track to operate or purchase 16,000 megawatts of renewable energy capacity – nonregulated and regulated combined – by 2025.

Duke Energy (NYSE: DUK) is a Fortune 150 company – and one of the largest energy holding companies in the U.S. – headquartered in Charlotte, N.C. It employs 29,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, in addition to Duke Energy Renewables’ nonregulated capacity.

Duke Energy was named to Fortune’s 2020 “World’s Most Admired Companies” list and Forbes’ “America’s Best Employers” list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

About AT&T Communications

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

About Ball Corporation

Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 21,500 people worldwide and reported 2020 net sales of $11.8 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.

Cautionary Language Concerning Forward-Looking Statements

This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on management’s beliefs and assumptions. These forward-looking statements are identified by terms and phrases such as “anticipate,” “believe,” “intend,” “estimate,” “expect,” “continue,” “should,” “could,” “may,” “plan,” “project,” “predict,” “will,” “potential,” “forecast,” “target,” “outlook,” “guidance,” and similar expressions. Various factors may cause actual results to be materially different than the suggested outcomes within forward-looking statements; accordingly, there is no assurance that such results will be realized. These risks and uncertainties are identified and discussed in Duke Energy’s most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) and available at the SEC’s website at www.sec.gov. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time than Duke Energy has described. Duke Energy expressly disclaims an obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Media contact: Jennifer Garber
Media line: 800.559.3853
Email: [email protected]

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SOURCE Duke Energy

March 16, 2021 10:47 am

Sonatype Adds Infrastructure as Code Security and Compliance

New Infrastructure as Code Pack for Nexus Lifecycle brings developer-friendly cloud and open source security together in one place

FULTON, Md., March 16, 2021 (GLOBE NEWSWIRE) — Sonatype, the leader in developer-friendly tools for software supply chain management and security, today unveiled its Infrastructure as Code (IaC) Pack for Nexus Lifecycle, making it easy for developers to configure infrastructure as code without worrying about common security mistakes.

The IaC pack enables developers to easily find and fix security vulnerabilities when actively developing cloud applications, while at the same time preventing security vulnerabilities and compliance issues from surfacing in production due to misconfigured cloud infrastructure. The pack delivers out-of-the-box guidance to assist developers configuring cloud infrastructure and fosters compliance with privacy and security standards (e.g., CIS Foundations Benchmarks, GDPR, HIPAA, ISO 27001, NIST 800-53, PCI, SOC 2). Integrated with Nexus Lifecycle, the pack will make it possible for developers to find and easily fix misconfigurations in Terraform plans before they are applied to production infrastructure.

“Sonatype has a long and successful history of providing developers feedback on the health and hygiene of open source libraries, making it easy for them to identify and remediate security risk, without slowing down innovation,” said Wayne Jackson, CEO of Sonatype. “Developers are taking on exponentially more responsibility for building secure applications, including the configuration and deployment of secure cloud infrastructure using tools like Terraform. We’re equipping developers with the right information at the right time so they can always make healthy decisions when configuring IaC.”

Currently, most developers don’t truly “own” the security of their applications or production infrastructure. Instead, they find themselves constantly reacting to feedback from security and operations teams when mistakes are inevitably discovered. The IaC pack gives developers the information they need to easily configure secure and compliant infrastructure as code.

Sonatype unveiled its IaC Pack for Nexus Lifecycle as part of its next-generation Nexus platform offering customers full-spectrum control of the cloud-native software development lifecycle including: third-party open source code, first-party source code, infrastructure as code (IaC), and containerized code.

Additional Resources:

Learn more about the Infrastructure as Code Pack for Nexus Lifecycle
Read more about IaC on the Sonatype Blog
Read Sonatype’s latest blog on full spectrum software supply chain management
Request a demo of Infrastructure-as-Code Pack for Nexus Lifecycle today

About Sonatype:

Sonatype is the leader in developer-friendly, full-spectrum software supply chain management providing organizations total control of their cloud-native development lifecycles, including third-party open source code, first-party source code, infrastructure as code, and containerized code. The company supports 70% of the Fortune 100 and its commercial and open source tools are trusted by 15 million developers around the world. With a vision to transform the way the world innovates, Sonatype helps organizations of all sizes build higher quality software that’s more aligned with business needs, more maintainable, and more secure.

Sonatype has been recognized by Fast Company as one of the Best Workplaces for Innovators in the world, two years in a row, and has been named to the Deloitte Technology Fast 500 and Inc. 5000 lists for the past five years. For more information, please visit Sonatype.com, or connect with us on Facebook, Twitter, or LinkedIn

Elissa Walters
Sonatype
480-818-0734
[email protected]

March 16, 2021 10:46 am

Alliance for Regenerative Medicine Annual Report Highlights Record Sector Growth and Resilience in 2020

Sector financing reached $19.9B in 2020, doubling from the previous year; 2021 is likely to be a record year for the number of regulatory decisions on new regenerative medicine products

Washington, DC, March 16, 2021 (GLOBE NEWSWIRE) — via NewMediaWire–The regenerative medicine and advanced therapies sector raised a record $19.9B in funding in 2020, fueling the broader biotech sector and driving a rapidly advancing pipeline of potentially transformative therapies, according to the Alliance for Regenerative Medicine’s (ARM) 2020 Annual Report released today.

Two new therapies received approval in 2020: Orchard Therapeutics’ gene therapy Libmeldy, by the European Medicines Agency (EMA), and Kite’s Tecartus chimeric antigen receptor T-cell (CAR-T) therapy, by the Food & Drug Administration (FDA). By the end of 2020, there were 152 ongoing Phase 3 trials worldwide in cell, gene, and tissue-based therapies. Regulatory decisions are expected on a record eight new regenerative medicine products – and on a total of ten products across at least four geographies – in 2021, including Breyanzi, a Bristol Myers Squibb CAR-T therapy for relapsed or refractory large B-cell lymphoma that already received FDA approval in February.

“When COVID-19 struck, we joined the rest of the world in not knowing what 2020 would bring,” said Janet Lambert, CEO of ARM. “Instead, not even a global pandemic could derail the scientific advancements, investor appetite, and maturing pipeline that made headlines for the regenerative medicine sector in 2020. For a once aspirational sector, the future is now.”

It was a significant year of growth for ARM as well. The global voice of the sector grew by 80 members, reaching a total global membership of more than 380 organizations. To serve this growing membership, ARM invested in five new full-time hires in 2020 and for the first time integrated its policy, advocacy, and communications activities under the umbrella of public affairs. The organization plans to expand its focus on public affairs in 2021 with new advocacy hires in Europe, at the U.S. federal level, and for U.S. states.

ARM and the sector also achieved notable policy milestones. Sector advocacy efforts led the Centers for Medicare & Medicaid Services (CMS) to create a diagnosis related group (DRG) for CAR-T therapies that will ensure proper reimbursement for providers. In December, CMS also finalized a rule removing barriers to innovative payment models in state Medicaid programs, a significant area of focus for ARM and its members. And the EU Pharmaceutical Strategy, a blueprint for a years-long legislative push, recognized cell and gene therapies as “milestones of major progress” in healthcare.

ARM and its members also made a commitment to improving racial equality in the sector. ARM’s Action for Equality Task Force established the GROW RegenMed Internship Program, which will provide paid opportunities for Black students at ARM member organizations. At least 16 ARM member organizations – as well as ARM itself – will host GROW interns in Summer 2021.

Highlights from ARM’s annual report and full-year 2020 data include:

There were 1,085 developers of cell, gene, and tissue-based therapies active worldwide at the end of 2020, an increase of about 100 developers from the previous year
There were 1,220 clinical trials ongoing at the end of 2020: 383 in Phase 1, 685 in Phase 2, and 152 in Phase 3
14 regenerative medicine companies went public in 2020, compared to 6 in 2018 and 12 in 2018
Publicly traded regenerative medicine companies saw a roughly 44% increase in performance in 2020, easily outpacing the 23% rise in the NASDAQ Biotech Index
Gene therapy financing was up 73% in 2020 from the previous year, while cell therapy financing was up 160%

Entering 2021 with significant momentum, ARM and its members will focus on policy and regulatory initiatives to ensure that transformational therapies continue to advance through the pipeline and that patients can access these treatments post-approval. In particular, ARM will advocate for the adoption of innovative payment models in the U.S. and Europe, and for Chemistry, Manufacturing and Controls (CMC) regulatory flexibility to address manufacturing hurdles in the rapidly evolving cell and gene therapy sector.

Media inquiries

For more information or for media requests, please contact Stephen Majors, Director of Public Affairs for ARM, at [email protected].

About the Alliance for Regenerative Medicine

The Alliance for Regenerative Medicine (ARM) is the leading international advocacy organization dedicated to realizing the promise of regenerative medicines and advanced therapies. ARM promotes legislative, regulatory and reimbursement initiatives to advance this innovative and transformative sector, which includes cell therapies, gene therapies and tissue-based therapies. Early products to market have demonstrated profound, durable and potentially curative benefits that are already helping thousands of patients worldwide, many of whom have no other viable treatment options. Hundreds of additional product candidates contribute to a robust pipeline of potentially life-changing regenerative medicines and advanced therapies. In its 11-year history, ARM has become the global voice of the sector, representing the interests of 380+ members worldwide, including small and large companies, academic research institutions, major medical centers and patient groups. To learn more about ARM or to become a member, visit http://www.alliancerm.org.

March 16, 2021 10:46 am

Comcast Opens Xfinity Store in Downtown Crossing

PR Newswire

BOSTON, March 16, 2021 /PRNewswire/ — Comcast today announced it has opened a new Xfinity Store in Downtown Crossing, at 350 Washington Street. The 3,300 square foot store will provide a variety of interactive product demonstration areas for its full suite of Xfinity and Comcast Business products and services.

“With more customers working and learning from home, our goal is to provide an environment where they can get the products and services that fit their specific needs, along with great customer service from our highly trained and dedicated staff,” said Trevor Arp, Senior Vice President of Comcast’s Greater Boston Region, who noted the store will have 14 employees. “And we are truly delighted not only to be part of one of Boston’s most historic shopping hubs, but also to help strengthen the city’s economic base as it recovers from the pandemic.”

The new Xfinity Boston store is the 25^th such retail outlet in the Greater Boston region. The new store will offer customers a welcoming and modern retail environment that highlights the complete line of Xfinity offerings, including Xfinity X1, Xfinity Home, Xfinity Internet, Flex and Xfinity Mobile as well as Comcast Business services.

“Representing the first opening of a major retail brand in our district since last March, Comcast provides a welcome reminder of Downtown Crossing’s strength and resiliency,” said Rosemarie Sansone, Downtown Boston BID President & CEO. “We look forward to the jobs and other benefits this location will bring.”

In addition to receiving product demonstrations, customers can simply ask our experts about their current services or devices, learn how Xfinity apps make it easy to manage their account, sign up for all Xfinity services, pay bills at kiosks, return or acquire equipment and purchase accessories for mobile devices like cases, screen protectors and power supplies as well as smart accessories for the home. Customers can also go online to www.xfinity.com/support, click “Visit an Xfinity Store” and make an appointment.

“I’m really excited to be working in Downtown Crossing, a vibrant, diverse and important shopping district for all Bostonians,” said Store Manager Julie LaPointe, who has worked for Comcast for 16 years and previously managed retail centers in Hyde Park, Roslindale, Roxbury and Dorchester. “My Xfinity Store team and I are looking forward to serving our customers’ needs in the DTX community.”

To keep employees and customers safe in the wake of COVID-19, all Xfinity Retail Stores are operating with increased safety measures, including limiting store capacity, hand sanitizing stations, directional signage and clear barriers, increased store cleanings throughout the day and requiring all employees and customers to wear face coverings.

About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, Peacock, NBC News, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia.

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SOURCE Comcast Cable