Churchill Capital Corp II Announces Participation in the 4th Annual D.A. Davidson & Co. Consumer Growth Conference

PR Newswire

NEW YORK, March 8, 2021 /PRNewswire/ — Churchill Capital Corp II, (“Churchill II”) (NYSE: CCX), a special purpose acquisition company which has entered into a definitive agreement to merge with Software Luxembourg Holding S.A. (“Skillsoft”), a global leader in digital learning and talent management solutions, and a definitive agreement to acquire Global Knowledge Training LLC (“Global Knowledge”), a worldwide leader in IT and professional skills development, following its acquisition of Skillsoft, is pleased to announce that in connection with the proposed transactions, Jeffrey Tarr, incoming Skillsoft Chief Executive Officer, will participate in a fireside chat at the 4th annual D.A. Davidson & Co. Consumer Growth Conference on March 11th from 3:30 pm ET to 4:00 pm ET.

Investors interested in learning about the transaction and the vision for the post-combination company should reach out to your D.A. Davidson & Co. sales person for event details.

About Churchill Capital Corp II

Churchill Capital Corp II is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Churchill II was founded by Michael Klein, who is also the founder and managing partner of M. Klein and Company. The Company raised $690 million in its IPO in June 2019 and is listed on the New York Stock Exchange (NYSE: CCX). For more information, visit https://churchillcapitalcorp.com/

About Skillsoft

Skillsoft delivers digital learning, training, and talent solutions to help organizations unleash their edge. Leveraging immersive, engaging content, Skillsoft enables organizations to unlock the potential in their best assets — their people — and build teams with the skills they need for success. Empowering 45 million learners and counting, Skillsoft democratizes learning through an intelligent learning experience and a customized, learner-centric approach to skills development with resources for Leadership Development, Business Skills, Technology and Developer, Digital Transformation, and Compliance.

About Global Knowledge

Global Knowledge is a world leader in technology skills training, supporting major enterprises and IT professionals with innovative and flexible learning solutions and offering authorized content from major technology providers. Global Knowledge delivers training in multiple modalities, both on-demand and instructor-led through virtual delivery and classrooms, blended formats and customized on-site training, directly and through a worldwide partner network.

IMPORTANT ADDITIONAL INFORMATION AND WHERE TO FIND IT

This communication is being made in respect of the proposed merger transaction involving Churchill and Skillsoft. Churchill has filed a registration statement on Form S-4 with the SEC, which includes a proxy statement of Churchill and a prospectus of Churchill, and Churchill will file other documents regarding the proposed transaction with the SEC. A definitive proxy statement/prospectus will also be sent to the stockholders of Churchill and Skillsoft, seeking any required stockholder approval. Before making any voting or investment decision, investors and security holders of Churchill and Skillsoft are urged to carefully read the entire registration statement and proxy statement/prospectus and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, because they contain important information about the proposed transaction. The documents filed by Churchill with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. In addition, the documents filed by Churchill may be obtained free of charge from Churchill at www.churchillcapitalcorp.com.
Alternatively, these documents, when available, can be obtained free of charge from Churchill upon written request to Churchill Capital Corp II, 640 Fifth Avenue, 12th Floor, New York, New York 10019, Attn: Secretary, or by calling (212) 380-7500.

Churchill, Skillsoft and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Churchill, in favor of the approval of the merger. Information regarding Churchill’s directors and executive officers is contained in Churchill’s Annual Report on Form 10-K for the year ended December 31, 2019 and its Quarterly Report on Form 10-Q for the quarterly periods ended March 31, 2020, June 30, 2020 and September 30, 2020, which are filed with the SEC. Additional information regarding the interests of those participants, the directors and executive officers of Skillsoft and other persons who may be deemed participants in the transaction may be obtained by reading the registration statement and the proxy statement/prospectus and other relevant documents filed with the SEC. Free copies of these documents may be obtained as described in the preceding paragraph.

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such other jurisdiction.

FORWARD-LOOKING STATEMENTS

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, Churchill’s, Skillsoft’s and Global Knowledge’s expectations or predictions of future financial or business performance or conditions. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning our possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Churchill’s Form 10-K for the year ended December 31, 2019 under Risk Factors in Part I, Item 1A and in the registration statement on Form S-4 discussed above. These risk factors will be important to consider in determining future results and should be reviewed in their entirety. These forward-looking statements are expressed in good faith, and Churchill, Skillsoft and Global Knowledge believe there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and none of Churchill, Skillsoft or Global Knowledge is under any obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports, which Churchill has filed or will file from time to time with the SEC.

In addition to factors previously disclosed in Churchill’s reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: ability to meet the closing conditions to the Skillsoft Merger, including approval by stockholders of Churchill and Skillsoft, and the Global Knowledge Merger on the expected terms and schedule and the risk that regulatory approvals required for the Skillsoft Merger and the Global Knowledge Merger are not obtained or are obtained subject to conditions that are not anticipated; delay in closing the Skillsoft Merger and the Global Knowledge Merger; failure to realize the benefits expected from the proposed transactions; the effects of pending and future legislation; risks related to disruption of management time from ongoing business operations due to the proposed transactions; business disruption following the transactions; risks related to the impact of the COVID-19 pandemic on the financial condition and results of operations of Churchill, Skillsoft and Global Knowledge; risks related to Churchill’s, Skillsoft’s or Global Knowledge’s indebtedness; other consequences associated with mergers, acquisitions and divestitures and legislative and regulatory actions and reforms; demand for, and acceptance of, our products and for cloud-based technology learning solutions in general; our ability to compete successfully in competitive markets and changes in the competitive environment in our industry and the markets in which we operate; our ability to develop new products; failure of our information technology infrastructure or any significant breach of security; future regulatory, judicial and legislative changes in our industry; the impact of natural disasters, public health crises, political crises, or other catastrophic events; our ability to attract and retain key employees and qualified technical and sales personnel; fluctuations in foreign currency exchange rates; our ability to protect or obtain intellectual property rights; our ability to raise additional capital; the impact of our indebtedness on our financial position and operating flexibility; and our ability to successfully defend ourselves in legal proceedings.

Any financial projections in this communication are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Churchill’s, Skillsoft’s and Global Knowledge’s control. While all projections are necessarily speculative, Churchill, Skillsoft and Global Knowledge believe that the preparation of prospective financial information involves increasingly higher levels of uncertainty the further out the projection extends from the date of preparation. The assumptions and estimates underlying the projected results are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projections. The inclusion of projections in this communication should not be regarded as an indication that Churchill, Skillsoft and Global Knowledge, or their representatives, considered or consider the projections to be a reliable prediction of future events.

Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results.

This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Churchill and is not intended to form the basis of an investment decision in Churchill. All subsequent written and oral forward-looking statements concerning Churchill, Skillsoft and Global Knowledge, the proposed transactions or other matters and attributable to Churchill, Skillsoft and Global Knowledge or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above.

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SOURCE Churchill Capital Corp II

Atlas Announces Joint Venture Agreement with Zhejiang Energy Group to Partner on Global Maritime and Power Opportunities

PR Newswire

LONDON, March 8, 2021 /PRNewswire/ – Atlas Corp. (“Atlas”) (NYSE: ATCO), today announced, the Atlas Corp global platform, combining Seaspan’s deep maritime experience and financial strength as the world’s leading containership owner and operator, with APR Energy’s fast power solutions providing a bridge to permanent power and emerging technologies, now joins together with ZE Group (“ZE”) in this new joint venture (“JV”) which will leverage the attributes of four unique companies to develop and commercialize projects. Each partner contributes time-tested solutions, engineering and operational expertise and strong leadership and vision through this partnership structure to create sustainable value for all stakeholders. 

Bing Chen, President and CEO of Atlas, commented, “This JV represents a major milestone for both groups’ commitment to our strategic partnership where we can leverage our unique platform strength to provide creative solutions and competitive value to our customers.  We are very honored to have ZE as our partner with deep energy sector experience, networks, solid financial strength, and favorable cost of capital. This strategic partnership will facilitate the development and execution of quality growth projects and long term value creation for our shareholders.”

About Atlas

Atlas is a leading global asset management company, differentiated by its position as a best-in-class owner and operator with a focus on deploying capital to create sustainable shareholder value. Atlas brings together an experienced asset management team with deep operational and capital allocation experience. We target long-term, risk adjusted returns across high-quality infrastructure assets in the maritime sector, energy sector and other infrastructure verticals. Our two portfolio companies, Seaspan Corporation and APR Energy are unique, industry-leading operating platforms in the global maritime and energy spaces, respectively.

For more information visit www.atlascorporation.com

About ZE Energy

Zhejiang Energy Group Co., Ltd. was established in 2001. It is a large-scale provincial energy state-owned enterprise approved by the People’s Government of Zhejiang Province. It is headquartered in Hangzhou, China. Mainly engaged in power supply construction, power and heat production, coal circulation operation, natural gas development and utilization, energy services, financial real estate, and other businesses. It has 185 investment holding and management companies, including 2 A-share listed companies, and more than 22,000 employees.

For more information visit http://www.zepcc.com

Cautionary Note Regarding Forward-Looking Statements

This release contains certain forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, including forward-looking statements regarding the formation , management and operations of the JV, and the JV’s ability to leverage the attributes of Atlas and ZE Group to develop and commercialize projects for the mutual benefit of the parties and their respective shareholders and other stakeholders as described in this press release. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “projects”, “forecasts”, “will”, “may”, “potential”, “should”, and similar expressions are forward-looking statements. These forward-looking statements reflect management’s current expectations only as of the date of this release. As a result, you are cautioned not to rely on any forward-looking statements. Although these statements are based upon assumptions, we believe to be reasonable based upon available information, they are subject to risks and uncertainties. These risks and uncertainties include, but are not limited to: the possibility that the JV will not be formed; the possibility that, if formed, we will not achieve the intended benefits of the JV for ourselves or our shareholders and other stakeholders; and other factors detailed from time to time in our periodic reports and filings with the Securities and Exchange Commission (the “SEC”), including Atlas’s Annual Report on Form 20-F for the year ended December 31, 2019 filed with the SEC on April 13, 2020 and Atlas’s Report on Form 6-K for the quarter ended September 30, 2020 furnished to the SEC on November 10, 2020. We expressly disclaim any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in our views or expectations, or otherwise. We make no prediction or statement about the performance of any of our securities.

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SOURCE Atlas Corp.

Ortho’s New COVID-19 Total and IgG Antibody Tests Receive CE Mark for Semi-Quantitative Results

– Ortho’s new VITROS® Anti-SARS-CoV-2 Total 2 Antibody assay and VITROS® Anti-SARS-CoV-2 IgG 2 Antibody assay receive CE Mark

– Both tests can aid in identifying individuals with an adaptive immune response (acquired naturally or through vaccination) to SARS-CoV-2

– These new anti-SARS-CoV-2 antibody assays are the latest addition to Ortho’s COVID-19 solutions, which include COVID-19 antibody tests and an antigen test.

PR Newswire

RARITAN, N.J., March 8, 2021 /PRNewswire/ — Ortho Clinical Diagnostics (Nasdaq: OCDX), one of the world’s largest pure-play IVD companies dedicated to transforming patient care, today announced that its new VITROS® Anti-SARS-CoV-2 Total 2 Antibody assay and VITROS® Anti-SARS-CoV-2 IgG 2 Antibody assay received CE Mark for the qualitative and semi-quantitative detection of COVID-19 antibodies.  

In addition to generating a positive (reactive) or negative (non-reactive) result, Ortho’s Total 2 and IgG 2 antibody assays offer a measurement value of SARS-CoV-2 antibodies with easy-to-read results that eliminate the need for repeat testing and improve lab workflow.

With both assays showing 100% specificityi and excellent sensitivity,ii Ortho’s new COVID-19 Total 2 and IgG 2 antibody assays help clinicians understand each patient’s adaptive immune response (acquired naturally post-infection or through vaccination) to SARS-CoV-2. The tests can also be used to assess titers of neutralizing antibodies –which are responsible for protective immune response—and can be used to identify plasma suitable for convalescent plasma therapy.

“Across the world, there continues to be a great need for COVID-19 testing—to understand if a person is infected, how they are responding to treatment or a vaccine, or to help assess the spread of the disease,” said Chockalingam Palaniappan, PhD, chief innovation officer, Ortho Clinical Diagnostics. “As a trusted partner to our customers from the beginning of this pandemic, Ortho will continue to bring to market solutions that help them quickly provide critical results to clinicians while keeping their lab running as efficiently as possible.”  

The assays run on Ortho’s high-throughput, fully automated analyzers including its flagship VITROS® XT 7600 Integrated System, the VITROS® 3600 Immunodiagnostic System, the VITROS® 5600 Integrated System and VITROS® ECi/ECiQ Immunodiagnostic Systems.

Ortho’s high-volume VITROS® Systems are installed in over 5,600 laboratories around the world. These analyzers normally run a broad menu of over 150 different tests from blood and body fluid samples. Additional analyzers are available for shipment and can be installed rapidly to further increase capacity since they don’t require an external water source to operate.

These new anti-SARS-CoV-2 antibody assays are the latest addition to Ortho’s COVID-19 solutions, which include COVID-19 antibody tests and an antigen test

Because Ortho’s VITROS Systems are already installed worldwide, reporting times may be further improved because lab staff require no additional training, and the instruments are already connected to existing laboratory information systems and software. These systems are self-contained and do not require an external water source to run.

Ortho plans to manufacture several million COVID-19 antibody tests each month in Pencoed, Wales.

About Ortho Clinical Diagnostics

Ortho Clinical Diagnostics (Nasdaq: OCDX) is one of the world’s largest pure-play in vitro diagnostics (IVD) companies dedicated to transforming patient care.

More than 800,000 patients across the world are impacted by Ortho’s tests each day. Because Every Test is a Life, Ortho provides hospitals, hospital networks, clinical laboratories and blood banks around the world with innovative technology and tools to ensure test results are fast, accurate, and reliable. Ortho’s customized solutions enhance clinical outcomes, improve efficiency, overcome lab staffing challenges and reduce costs.

From launching the first product to determine Rh+ or Rh- blood type, developing the world’s first tests for the detection of antibodies against HIV and hepatitis C, introducing patented dry-slide technology and marketing the first U.S. Food and Drug Administration-authorized high-volume antibody and antigen tests for COVID-19, Ortho has been a pioneering leader in the IVD space for over 80 years.

The company is powered by Ortho Care, an award-winning, holistic service and support program that ensures best-in-class technical, field and remote service and inventory support to laboratories in more than 130 countries and territories around the globe.  

For more information, visit Ortho’s website or social media  channels: LinkedInTwitterFacebook and YouTube

i 95% CI: 99.1-100%
ii 90% sensitivity and positive agreement on samples from 40 discrete individuals confirmed positive to COVID-19 by PCR tested greater than 15 days after symptom onset. Data on file.

 

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SOURCE Ortho Clinical Diagnostics

Drew Barrymore And Kellogg® Want You And Your BFF To Start Your Morning With More Flavor And More Fiber

Duo teams up for National Breakfast Week to raise awareness about the importance of fiber and gives away free Kellogg’s Raisin Bran® and Frosted Mini-Wheats® for you and your BFF

PR Newswire

BATTLE CREEK, Mich., March 8, 2021 /PRNewswire/ — This National Breakfast Week, actress, talk show host and entrepreneur Drew Barrymore joins Kellogg® to reveal a little-known tip she shares with all her friends: fiber is an essential nutrient that helps support overall wellness, so it’s important to make sure you’re getting enough of it.

Most people think of fiber as an old-school nutrient, leading many to fall short of the recommended daily amount,1 but did you know fiber is a super nutrient that helps support digestive health? The good news is, getting more fiber into your diet can be deliciously simple with Kellogg’s high-fiber cereals, including Kellogg’s Raisin Bran® and Frosted Mini-Wheats®.

“Ever since I was a little kid, Kellogg cereal has been a staple to my breakfast routine, which is why I was excited to team up and spread the word about how tasty fiber can be,” said Barrymore. “So, I’m challenging you to grab your bestie and reach for a bowl of Kellogg Raisin Bran or Frosted Mini-Wheats—my personal fave—to make adding more fiber to your diet easy, delicious, and BFF-approved.”

The fiber fun facts don’t stop there. Did you know Kellogg’s Raisin Bran and Frosted Mini-Wheats provide at least 20% of the recommended daily fiber in just one bowl? Forget chalky powders and bulky supplements and reach instead for Kellogg’s high-fiber cereals that make it deliciously easy to add more fiber to your morning routine. Unlike some fiber supplements, both cereals offer additional nutrients, like at least seven vitamins and minerals, including iron.

So, whether you’re craving something hearty and sweet, or you’re in the mood for something toasty and crunchy, Kellogg’s Raisin Bran and Frosted Mini-Wheats have you covered with flavor-packed fiber you can feel good about eating. So good, you might just want to share with a friend.

JOIN THE #FIBERCHALLENGE WITH YOUR BFF
In celebration of National Breakfast Week, Kellogg and Drew Barrymore are taking it up a notch. Together, they’re challenging you and a friend to take on the #FiberChallenge and make the most of your morning by choosing Kellogg’s high-fiber cereals with a delicious giveaway you can gift to yourself and your BFF.                                             

From March 8 to March 12, simply visit www.KFR.com/didyouknow where you can sign up yourself and a friend to each receive a free box of Kellogg’s Raisin Bran or Frosted Mini-Wheats while supplies last. A fresh batch of 1,000 free samples will be given away each day so if samples are exhausted when you go to redeem yours, check back the next day at 8 a.m. ET! The giveaway ends Friday when the last batch is exhausted. See the full terms and conditions here and below.

Then, share how you and your friend are getting your fiber fix with Kellogg using #FiberChallenge, and be sure to tag @kelloggsus as well as your BFF.

For more information, visit www.kelloggs.com/didyouknow and follow Kellogg’s on FacebookInstagram, and Twitter.

About Kellogg Company
At Kellogg Company (NYSE: K), we strive to enrich and delight the world through foods and brands that matter. Our beloved brands include Pringles®, Cheez-It®, Special K®, Kellogg’s Frosted Flakes®, Pop-Tarts®, Kellogg’s Corn Flakes®, Rice Krispies®, Eggo®, Mini-Wheats®, Kashi®, RXBAR®, MorningStar Farms® and more. Net sales in 2019 were approximately $13.6 billion, comprised principally of snacks and convenience foods like cereal and frozen foods. Kellogg brands are beloved in markets around the world. We are also a company with Heart & Soul, committed to creating Better Days for 3 billion people by the end of 2030 through our Kellogg’s® Better Days global purpose platform. Visit www.KelloggCompany.com or www.OpenforBreakfast.com.

Abbreviated Terms & Conditions
Internet Access Required. Begins 3/8/21 and ends 3/12/21 or when all available Rewards have been claimed. Open to legal residents of US & DC, 18+ and are a registered member of the Kellogg’s Family Rewards® program. Subject to complete terms and conditions at https://www.kelloggsfamilyrewards.com/content/dam/kfr/pdfs/dyk-terms-and-conditions.pdf. Void where prohibited. Sponsor: Kellogg Company, One Kellogg Square, Battle Creek, MI 49016.

®, ™, © 2021 Kellogg NA Co.

1 Mosfegh A, Goldman J, Cleveland L (2005). What We Eat in America, NHANES 2001–2002. Usual Nutrient Intake from Foods as Compared to Dietary Reference Intakes.

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SOURCE Kellogg Company

Orion Innovation Announces Strategic Partnerships with Ribbon Communications and American Virtual Cloud Technologies for Digital Product Development Services

Adds 400+ expert telecom engineers in new Turkey R&D center

PR Newswire

EDISON, N.J., March 8, 2021 /PRNewswire/ — Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced that it has entered into a strategic multi-year agreement with Ribbon Communications Inc. (“Ribbon”)  (NASDAQ:RBBN), a global provider of real time communications software and IP optical transport solutions to service providers, enterprises, and critical infrastructure sectors. Orion also entered into a strategic deal to provide software engineering to telecommunications provider American Virtual Cloud Technologies Inc. (“AVCT”) (NASDAQ:AVCT) for its KANDY cloud communications services. 

As part of these partnerships, Orion expands its Digital Product Development centers by establishing a new location in Istanbul and adds 400+ R&D engineers, currently providing services to Ribbon and AVCT, through a carveout of NetRD Bilişim Teknolojileri ve Telekomünikasyon A.S.

Orion has grown both organically and inorganically through selective strategic growth investments and acquisitions over the last few years. Its Digital Product Development Division was recently expanded with a new R&D center in Romania, and the addition of the Turkey center further deepens telecommunications domain expertise to deliver a broad range of capabilities to new blue-chip telecommunications clients such as Ribbon. It’s expected that both the Turkey and Romanian centers will be expanded significantly over the next few years.

“We are very pleased to forge these long-term strategic relationships with new telecommunications clients and include them in our growing list of blue-chip clients. Our mission is to drive business innovation rooted in both engineering and design thinking with deep domain expertise to serve our clients. Expanding our specialized telecommunications team in Europe aligns perfectly with our business objectives,” said Raj Patil, CEO of Orion.  

“I am excited to welcome a team of 400 highly skilled engineers with deep ICT domain expertise acquired through decades of collaboration with top tier telecommunications vendors,” said Alex Bogachek, CEO of Orion’s Digital Product Development Division. “This R&D site in Turkey greatly expands our delivery capabilities, and along with our other sites in Russia, Romania, Serbia and Lithuania, will continue to build cutting edge solutions for our clients in Europe and the US.”

Tony Sarfo, EVP and GM of Ribbon’s Cloud and Edge Business Unit, said, “We are thrilled to partner with Orion and excited to leverage their extensive experience in strategic product development. We believe their strong global telecommunications domain expertise will provide additional scale for our development operations and help us to continue delivering the cutting edge innovations our customers have come to expect from Ribbon.”

“Partnering with Orion’s Digital Product Development team provides us with a quality pool of engineers to develop innovative advancements to our products and scale globally,” said Sacha Gera, President of AVCT’s Kandy Solutions.

Orion now has over 4,750 highly skilled associates in 11 major delivery locations across the world.

About Orion Innovation
Orion Innovation (“Orion”) is a leading digital transformation and product development services firm. Rooted in engineering and design thinking, along with a unique combination of agility, scale and maturity, its team of over 4750 associates help Fortune 1000 companies improve efficiencies, enhance customer experiences, and develop new digital offerings. Through its delivery centers in the Americas, Europe, and APAC, Orion serves clients across financial services, professional services, telecommunications and media, automotive, industrial automation, professional sports and entertainment, life sciences, e-commerce, and education. For more information, visit www.orioninc.com.

Media: 
Joe LoBello 
LoBello Communications
[email protected]
516-902-2694

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SOURCE Orion Innovation

Simply, Inc. Announces the Opening of its New Simply Mac Store in Orlando, Florida

PR Newswire

MIAMI, March 8, 2021 /PRNewswire/ — Simply, Inc. (OTCQX: SIMP) (the “Company”) announced the grand opening of its new Simply Mac retail store in Orlando, Florida.  This 1,562 square foot official Apple Premier Partner Store is located in the University Shoppes Orlando at 12101 University Blvd., Suite 237, Orlando, FL, and will offer the entire suite of Apple products, as well as third party accessories and Simply Mac’s signature service and warranty repairs on all product categories by our trained team of Apple-certified technicians.  Simply Mac also offers customer financing and extended warranty coverage on all Apple products.

Commenting on the new Simply Mac store opening, Reinier Voigt, Chief Executive Officer of Simply, Inc., stated: “We are excited to open our new store in Orlando, located across the street and within easy walking distance to the University of Central Florida (“UCF”), the largest university in the U.S. (by enrollment) with almost 72,000 students.  Our team of sales professionals and Apple-certified technicians look forward to focusing on the product and service needs of UCF students, while our sister store located 23 miles away is closer to the theme parks of Walt Disney World, Universal, SeaWorld and Legoland, and is focused on the tourist population.  Orlando claims to be the most visited destination in the U.S. with approximately 75 million visitors per year, including 6.5 million international visitors.”

Commenting further, Mr. Voigt stated: “This new Orlando UCF store represents the tenth new store we have opened in the last five months.  Five of those ten stores were relocations of stores from previously expired leases, but the other five were brand new stores in new locations.  And, there are more new stores to come in the months ahead as we continue expansion of the Simply Mac footprint in North America.  During this process, we are taking advantage of reduced occupancy costs in the current environment as we strive for “profitable” growth.  Our site selection model includes criteria for local population, median household income, preferable presence of a major university, distance from the nearest Apple store and minimum projected annual operating income.  In addition, all new locations must be approved in advance by Apple.  We remain committed to our mission to provide our customers with transformational experiences that drive long-term customer loyalty, and to improving our profitability to increase shareholder value.”


About Simply, Inc.

Simply, Inc. is a Miami-based company that is the parent of Simply Mac, the largest Apple Premier Partner in the U.S. with 45 retail stores in 16 states, an authorized reseller of the entire line of Apple products and provider of expert warranty repair service by Apple-certified technicians. Additional information can be found on its websites at www.simplyinc.com and www.simplymac.com.

Forward-looking and cautionary statements
Forward-looking statements in this press release and all other statements that are not historical facts are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including those related to store expansion plans, the offering of the entire suite of Apple products, third party accessories and service and warranty repairs on all product categories in the Orlando UCF Simply Mac store, our ability to open new store locations consistent with our site selection model, our ability to attract and retain new customers, our ability to meet projected operating income, our expectations for store profitability, our expectations for future lease rates, our ability to capitalize on operational efficiencies, our supply chain and our customer traffic, involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements, including actions by third parties, including Apple. A list and description of various risk factors related to Simply, Inc. can be found and reviewed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, which can be accessed under the Company’s profile at www.sec.gov. These forward-looking statements speak only as of the date of this release and we undertake no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release, except as required by law.

All product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, logos, and brands does not imply endorsement. 

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SOURCE Simply, Inc.

Molecular Data Inc. in Talks to Strengthen its American Data Traffic

PR Newswire

SHANGHAI, March 8, 2021 /PRNewswire/ — Molecular Data Inc. (“Molecular Data” or the “Company”) (Nasdaq: MKD), a leading technology-driven platform in China’s chemical industry, today announced that it has reached a partnership memorandum (MOU) for a potential transaction, including a stake in a renowned brand name in the US with more than two decades of domain expertise.

Apart from synergies created in the partnership, the collaboration will further strengthen Molecular Data’s American presence.

About Molecular Data Inc.

Molecular Data Inc. is a leading technology-driven platform in China’s chemical industry, connecting participants along the chemical value chain through integrated solutions. The Company delivers e-commerce solutions, financial solutions, warehousing and logistics solutions, and SaaS suite that are intended to solve pain points for participants in the traditional chemical industry. Built upon a comprehensive knowledge engine and artificial intelligence (AI) capabilities, the Company’s e-commerce solutions are mainly offered through its online platform, consisting of molbase.com, molbase.cn, Moku Data WeChat account, Chemical Community APP and other ancillary platforms.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue” or other similar expressions. Among other things, the quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a variety of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, results of operations and financial condition; the expected growth of the chemical market; the Company’s ability to monetize the user base; fluctuations in general economic and business conditions in China; the potential impact of the COVID-19 to the Company’s business operations and the economy in China and elsewhere generally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and the Company undertakes no duty to update such information, except as required under applicable law.

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SOURCE Molecular Data Inc.

COMSovereign Expands Senior Leadership Team with the Appointment of Bud Patterson as Chief Operating Officer

– Patterson Brings Over 30 Years of Operational and Engineering Experience in Wireless Communications to the Company as it Ramps Up Product Manufacturing and Delivery –

PR Newswire

DALLAS, March 8, 2021 /PRNewswire/ — COMSovereign Holding Corp. (NASDAQ: COMS) (“COMSovereign” or “Company”), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, today announced at it had expanded its leadership team with the appointment of Bud Patterson as Chief Operating Officer.

 

Mr. Patterson brings over 30 years of operational and engineering experience in the development of wireless communications systems and semiconductors for commercial, government and military applications to COMSovereign. Patterson assumes the new role having most recently served as Chief Operating Officer of the Company’s Silver Bullet Technology business unit where he has led an expert team in successfully delivering commercial and government projects while managing on-shore and off-shore manufacturing resources to build low and high-volume products, including management of export restricted materials. Mr. Patterson is overseeing product production at Benchmark Electronics, Inc., the Company’s contract manufacturer partner for DragonWave-X backhaul units, which is currently ahead of schedule as products are now being readied for delivery to customers. He is also managing the build-out of the Company’s Tucson facility which is expected to begin InduraPower battery production this month, ahead of schedule. Production of the Company’s drone products in Tucson is expected to begin in April, and initial production of additional 4G LTE and 5G radio products is scheduled for early in the third quarter.

Bud Patterson is the latest addition to the senior team at COMSovereign which includes senior leadership and directors recruited from across commercial, government and military sectors with a primary focus on wireless communications, hardware and software development, manufacturing, and multi-national sales. Over the past 19 months, COMSovereign had acquired and developed an array of advanced 4G LTE/5G NR network products protected by more than 121 granted patents and building upon an installed base of over 700 telco network customers located in more than 100 countries around the world.

“This is an exciting time for COMSovereign and the entire telecommunications industry as the world embraces the tremendous potential of 5G technology, and we pleased to add Bud to our leadership team as we ramp up commercial operations of the business,” said John Howell, President of COMSovereign Holding Corp. “The vast potential of 5G is met with equal challenges, and that is why COMSovereign has built a team of visionary technology experts, guided by an accomplished and diversified board of directors who share a singular vision of helping customers realize the benefits of the coming revolution in communications technology.”

Mr. Patterson has a unique interdisciplinary skill set and holistic approach to the design-for-manufacturing process, which results in manufacturable products on tight engineering schedules. Recent commercial successes include the design through production delivery of an embedded IoT platform for the automotive telematics market. Government successes include delivery of software defined radio platforms for multiple DARPA STO programs. Previous roles and companies include Vice President of Operations at Coretex, and Vice President Engineering at Tranzeo Wireless, Sensoria Corporation and Accelerix, as well as senior engineering management roles at MOSAID Technologies, Rockwell Semiconductor Systems and Brooktree Corporation. Mr. Patterson holds a B.S. in Chemical Engineering from Michigan State University and graduated from the Leadership and Management Program at the University of California San Diego.

“COMSovereign has quickly amassed a complementary stable of American-made 4G & 5G radio products which will be supported by full-scale production capabilities at our new world class facility in Tucson, allowing us to serve customers efficiently and with uncompromising quality,” said Bud Patterson. “I am grateful and honored to join such an accomplished and talented leadership team, one that brings together the unmatched vision, passion and proven track records of success in building, operating and growing businesses dedicated to serving government and commercial customers in the United States and around the world.”

For more information about COMSovereign, please visit www.COMSovereign.com and connect with us on Facebook and Twitter.

About COMSovereign Holding Corp.
COMSovereign Holding Corp. (Nasdaq: COMS) has assembled a portfolio of communications technology companies that enhance connectivity across the entire data transmission spectrum. Through strategic acquisitions and organic research and development efforts, COMSovereign has become a U.S.-based communications provider able to provide 4G LTE Advanced and 5G-NR telecom solutions to network operators and enterprises. For more information about COMSovereign, please visit www.COMSovereign.com.

Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions, and estimates of future performance and economic conditions, and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as “believe,” “expects,” “may,” “looks to,” “will,” “should,” “plan,” “intend,” “on condition,” “target,” “see,” “potential,” “estimates,” “preliminary,” or “anticipates” or the negative thereof or comparable terminology, or by discussion of strategy or goals or other future events, circumstances, or effects. Moreover, forward-looking statements in this release include, but are not limited to, the impact of the current COVID-19 pandemic, which may limit access to the Company’s facilities, customers, management, support staff, and professional advisors, and to develop and deliver advanced voice and data communications systems, demand for the Company’s products and services, economic conditions in the U.S. and worldwide, and the Company’s ability to recruit and retain management, technical, and sales personnel. Further information relating to factors that may impact the Company’s results and forward-looking statements are disclosed in the Company’s filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contacts:
Steve Gersten, Director of Investor Relations
COMSovereign Holding Corp.
813-334-9745
[email protected]

External Investor Relations:
Chris Tyson, Executive Vice President
MZ Group – MZ North America
949-491-8235
[email protected]
www.mzgroup.us

and

Media Relations for COMSovereign Holding Corp.:
Michael Glickman
MWGCO, Inc.
917-397-2272
[email protected]

 

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SOURCE COMSovereign Holding Corp.

Grainger Announces Julie Myerholtz as Vice President and Chief Information Security Officer

PR Newswire

CHICAGO, March 8, 2021 /PRNewswire/ — Grainger (NYSE: GWW), the leading broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced that Julie Myerholtz joined the company as Vice President, Chief Information Security Officer (CISO). In this role, she is responsible for the company’s cybersecurity vision and strategy, and collaborating with customers, suppliers, Grainger leadership and the board of directors on information security-related matters.

“We are thrilled to welcome Julie to the company as her role is critical to serving customers, helping ensure our systems are secure, and protecting our customer, company and team member data,” said Jonny LeRoy, Chief Technology Officer, Grainger. “I am confident that she will serve as a trusted advisor, as we continue to transform and provide digital solutions to help our customers solve their problems.”

Myerholtz has more than 20 years of experience in enterprise risk management, information security, data privacy, and IT operations and governance. She most recently served as CISO at First Solar, a solar panel manufacturing company. Prior to that, she spent eight years at PricewaterhouseCoopers where she led information technology audits, business process audits and consulting engagements for a portfolio of manufacturing, utility/energy and technology clients.

Myerholtz reports to LeRoy and will be based in Grainger’s Chicago-area headquarters office.

Grainger is the 11th largest e-retailer in North America, according to the 2020 Digital Commerce 360 U.S. Top 1000. The company continues to invest and grow its industry-leading digital capabilities to better serve customers.

For more information on careers at Grainger, visit https://jobs.grainger.com.


About Grainger

W.W. Grainger, Inc., with 2020 sales of $11.8 billion, is North America’s leading broad line supplier of maintenance, repair and operating (MRO) products, with operations primarily in North America, Japan and Europe.

 

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SOURCE W.W. Grainger, Inc.

PathAI and Labcorp Broaden Strategic Collaboration to Accelerate Use of AI-Powered Pathology

Integrating AI-Powered Pathology into Drug Development and Clinical Testing of Oncology and Other Diseases

PR Newswire

BOSTON and BURLINGTON, N.C., March 8, 2021 /PRNewswire-PRWeb/ — PathAI, a global provider of artificial intelligence-powered (AI-powered) technology for use in pathology research, and Labcorp (NYSE: LH), a leading global life sciences company, today announced the broadening of their strategic partnership in the field of AI-powered pathology. The collaboration builds on Labcorp’s past investment in PathAI and the companies’ collaboration on a series of projects, including the deployment of PathAI algorithms in clinical trials managed by Labcorp Drug Development.

A key focus of the expanded collaboration will be to enable, in prospective clinical trials of cancer and other diseases, the seamless deployment of PathAI’s algorithms in the broad portfolio of programs managed by Labcorp Drug Development. These PathAI algorithms are developed using Good Clinical Laboratory Practice (GCLP) guidelines and process controls and are locked and validated as fit for purpose; they can also be further extended to companion diagnostic (CDx) device development and commercialization. They can be deployed in retrospective or prospective clinical trials to quantify tissue-based biomarkers and can support patient stratification and selection. The algorithms have many potential additional uses where robust deployment and data collection are needed. Labcorp and PathAI plan to explore bridging the use of AI-powered algorithms from translational research into a clinical laboratory setting.

“We are very impressed with the vision that Labcorp has for the future of AI-powered pathology in drug development and diagnostics, and we look forward to joining forces to enable our bio-pharma partners to obtain the most accurate, standardized, and data-rich set of pathology readouts from clinical trials to help advance drug development,” said PathAI CEO Andy Beck. “After exploring successful initial projects with Labcorp, we are excited to leverage the scale of its network to grow the reach of digital and computational pathology with the goal of ultimately improving patient outcomes.”

“It has been great working with PathAI to expand computational pathology applications in oncology and other diseases that have often been resistant to digitization,” said Paul Kirchgraber, M.D., CEO, Labcorp Drug Development. “This collaboration will provide our bio-pharma partners a differentiated understanding of relevant patient characteristics through applying leading AI-driven algorithms to support clinical trials from novel biomarker development through patient stratification and companion diagnostic development.”

About PathAI:
PathAI is a leading provider of AI-powered research tools and services for pathology. PathAI’s platform promises substantial improvements to the accuracy of diagnosis and the efficacy of treatment of diseases like cancer, leveraging modern approaches in machine and deep learning. Based in Boston, PathAI works with leading life sciences companies and researchers to advance precision medicine. To learn more, visit pathai.com.

About Labcorp:
Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With more than 70,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $14 billion in FY2020. Learn about Covance by Labcorp at http://www.Covance.com, and Labcorp at http://www.Labcorp.com, or follow us on LinkedIn and Twitter @Labcorp.

Labcorp Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements, including but not limited to statements with respect to scientific collaborations, customer contracts and relationships, the anticipated benefits of such collaboration and relationships, and the expected impact that the various collaborations and customer relationships may have on Labcorp’s (the Company’s) financial results. Each of the forward-looking statements is subject to change based on various important factors, many of which are beyond the Company’s control, including, without limitation, the Company’s ability to establish and maintain strategic partnerships and other scientific collaborations, competitive actions in the marketplace, and other unforeseen changes and general uncertainties in the marketplace, changes in government regulations, including healthcare reform, customer purchasing decisions, including changes in payer regulations or policies, adverse actions of governmental and other third-party payers, patient safety issues, changes in testing guidelines or recommendations. These factors, in some cases, have affected and in the future (together with other factors) could affect the Company’s ability to implement the Company’s business strategy, and actual results could differ materially from those suggested by these forward-looking statements. As a result, readers are cautioned not to place undue reliance on any of our forward-looking statements. The Company has no obligation to provide any updates to these forward-looking statements even if its expectations change. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. Further information on potential factors, risks and uncertainties that could affect operating and financial results is included in the Company’s most recent Annual Report on Form 10-K and subsequent Forms 10-Q, including in each case under the heading RISK FACTORS, and in the Company’s other filings with the SEC.

Media Contact

Isabella Canuso, PathAI, +1 6096821080, [email protected]

Christopher Allman-Bradshaw, Labcorp, 336-436-8263, [email protected]

Twitter

 

SOURCE PathAI