DuPont Investments in Manufacturing Facilities Expand MOLYKOTE® Specialty Lubricants Production

Manufacturing expansions position future capability to meet customer needs and growing demand for high-performance lubrication solutions.

PR Newswire

MIDLAND, Mich., March 3, 2021 /PRNewswire-PRWeb/ — DuPont (NYSE: DD) today announced investments to expand production of its MOLYKOTE® Specialty Lubricants at manufacturing facilities in Berkeley County, South Carolina, and Chiba, Japan.

To address the growing market for autonomous and electric vehicles, as well as to meet regulatory requirements and sustainability needs for automotive and industrial applications, DuPont has invested more than $40 million in MOLYKOTE® manufacturing facilities to ensure continuing global capacity and a cost-effective supply chain for the production of high-quality, high-performance lubrication products. Coupled with extensive tribology and material science expertise, these investments reinforce DuPont’s capability for market growth in automotive, electronics, food and beverage, healthcare, heavy industry, and renewable energy and position the company for geographic expansion.

The new production sites, which feature state-of-the-art control systems for improved capacity and reliability, also benefit from transfers of equipment and experienced personnel from former MOLYKOTE® manufacturing sites.

DuPont’s Cooper River site – located in Berkeley County, South Carolina – is home to DuPont™ Hytrel® Thermoplastic Elastomers operations and has been expanded to include manufacturing of MOLYKOTE® Specialty Lubricants.

“Expansion of the site has created tremendous economic growth and opportunities for DuPont and the Tri-County region,” said Bill Alexander, Cooper River site leader and unit leader for DuPont’s MOLYKOTE®, Hytrel™ and Liveo™ brands. “We are excited to be in an exceptional position to better service our customers and provide solutions to their lubrication challenges.”

In addition to its new investments in its facilities, DuPont has supported the Cooper River community with both ongoing volunteer efforts and a donation of property for a much-needed parking area for the Cypress Gardens boat landing and botanical preserve.

The MOLYKOTE® plant in Chiba, Japan, operates as part of DuPont Toray Specialty Materials (DTSM) within the Chiba Toray site, where DTSM manufactures a wide range of materials, including specialty silicones for electronics.

“At the Chiba site, our manufacturing supports customers around the globe, including those in critical industrial and automotive markets,” said Toki Terukazu, Chiba operations leader. “Demand is strong, and sales volume is increasing.”

Reflecting DuPont’s environmental stewardship efforts, Chiba site employees are actively involved in community volunteering, especially contributing through local efforts for ocean cleanup.

About MOLYKOTE® Specialty Lubricants
For more than 70 years, customers around the world have trusted the MOLYKOTE® brand for performance and expertise to solve or prevent virtually any lubrication problem and to save energy. Available through a global network of channel partners, MOLYKOTE® brand lubricants – which include anti-friction coatings, compounds, dispersions, greases, oils and fluids, and pastes – serve the automotive market and industrial/maintenance, repair and overhaul (MRO) markets. For more information about the MOLYKOTE® brand, visit molykote.com. Follow MOLYKOTE® on Twitter: twitter.com/molykote Follow MOLYKOTE® on LinkedIn: linkedin.com/showcase/molykotelubricants

About DuPont Electronics & Industrial
DuPont Electronics & Industrial is a global supplier of new technologies and performance materials serving the semiconductor, circuit board, display, digital and flexographic printing, healthcare, aerospace, industrial, and transportation industries. From advanced technology centers worldwide, teams of talented research scientists and application experts work closely with customers, providing solutions, products and technical service to enable next-generation technologies.

About DuPont

DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at http://www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.

# # #

DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, SM or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.

3/3/2021

Media Contact

Chris Swart, DuPont, +1-248-979-4303, [email protected]

Margaret Guzzardo, AGP & Associates, Inc., for DuPont, +1-989-839-5800, [email protected]

 

SOURCE DuPont

CPS Technologies Corporation Produces Multiple Parts for the MethaneSAT Satellite Program

NORTON, Mass., March 03, 2021 (GLOBE NEWSWIRE) — CPS Technologies Corporation (Nasdaq: CPSH) announces the completion and shipment of several parts to be used in the high-performance spectrometer-based methane sensing system of the MethaneSAT satellite program. MethaneSAT is designed to locate and measure methane from human sources worldwide with much higher sensitivity and spatial resolution and with a far wider field of view than is available with current satellite technology. Methane is a potent greenhouse gas, with more than 80 times the warming power of carbon dioxide during the first 20 years after it is released to the atmosphere.

Grant Bennett, President and CEO, stated “CPS is pleased and honored to be participating in this historic program. The MethaneSAT program could have a major impact on significantly reducing the unnecessary release of Methane into the atmosphere. We are also pleased that participation in this program has allowed us to work with Ball Aerospace, the primary flight system integrator and instrument provider for the MethaneSAT program.”

AlSiC is a metal-matrix composite consisting of the metal aluminum and the ceramic silicon carbide. In power modules and power supplies, as well as many other electronic applications, AlSiC enables higher reliability and higher performance as a result of its material properties, particularly thermal expansion, thermal conductivity and stiffness-to-weight ratio. AlSiC is very light weight, which is an important consideration in space-based and airborne applications.

In addition to the MethaneSAT system, CPS AlSiC components are also found on the Mars 2020 Perseverance Rover, International Space Station and in the most recent generation of GPS satellites (GPS III) for the U.S. Space Force. CPS believes AlSiC components will increasingly be used in space-based and airborne applications because of the compelling performance advantages AlSiC provides.

For additional information on the remarkable technologies and capabilities of MethaneSAT please see MethaneSAT’s webpage: https://www.methanesat.org/.

About CPS
CPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intellectual property include critical pieces of the technology puzzle for electric trains and subway cars, wind turbines, hybrid vehicles, electric vehicles, the smart electric grid, 5G infrastructure and others. CPS’ armor products provide exceptional ballistic protection and environmental durability at very light weight. CPS is committed to innovation and to supporting our customers in building solutions to this planet’s problems.

Safe Harbor
Statements made in this document that are not historical facts or which apply prospectively, including those relating to 2021 financial results, are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as “will,” “intends,” “believes,” “expects,” “plans,” “anticipates” and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company’s expectation. Additional information concerning risk factors is contained from time to time in the company’s SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.

CPS Technologies Corporation
Chuck Griffith, Chief Financial Officer
111 South Worcester Street
Norton, MA 02766
Telephone: (508) 222-0614
Web Site: www.alsic.com



DATA Communications Management Corp. Announces Preliminary Fourth Quarter and Fiscal 2020 Results and Announces Dates for Fourth Quarter Earnings Release and Webcast Conference Call

DATA Communications Management Corp. Announces Preliminary Fourth Quarter and Fiscal 2020 Results and Announces Dates for Fourth Quarter Earnings Release and Webcast Conference Call

BRAMPTON, Ontario–(BUSINESS WIRE)–
DATA Communications Management Corp. (“DCM” or the “Company”)(TSX:DCM), a leading provider of marketing and business communications solutions to companies across North America, announces today preliminary financial results for the fourth quarter and the fiscal year ended December 31, 2020.

Based on preliminary unaudited results, the Company anticipates:

  • Revenue between $57.6 million and $62.1 million for the fourth quarter of 2020, a decrease of 13% to 19% compared to the fourth quarter of 2019. Revenue between $256.3 million and $260.8 million for the full year of 2020, a decrease of 8% to 9% compared to the full year of 2019.
  • Gross profit between $14.3 million and $15.4 million for the fourth quarter of 2020, compared to $17.5 million in 2019. Gross profit between $72.2 million and $73.3 million for the full year of 2020, an increase of 4% to 6% compared to 2019. Gross margin of approximately 25% in the fourth quarter and 28% for the full year of 2020, compared to 25% and 24%, respectively in 2019. Softer gross margin in the fourth quarter of 2020 is largely attributable to certain one-time charges taken during the fourth quarter.
  • Adjusted EBITDA between $7.0 million and $7.6 million in the fourth quarter of 2020, an increase of approximately 25% to 35% compared to the fourth quarter of 2019. Adjusted EBITDA between $41.1 million and $41.7 million for the full year of 2020, an increase of approximately 100% compared to the full year of 2019 (note: anticipated and actual Adjusted EBITDA is presented after giving effect to the implementation of IFRS 16 – Leases, which became effective January 1, 2019; on a pre-IFRS 16 basis, anticipated and actual Adjusted EBITDA would be reduced by approximately $2.8 million in the fourth quarters of 2020 and 2019, $11.4 million for 2020 and $10.9 million for 2019).
  • Adjusted EBITDA includes $1.8 million and $10.7 million of grant income in the fourth quarter and full year of 2020, respectively, from the Canada Emergency Wage Subsidy (“CEWS”) program.
  • Revolving line of credit balance of $1.0 million as of February 26, 2021, a reduction from $5.7 million at December 31, 2020 and its peak of $36.8 million at March 31, 2020.

“The DCM team accomplished some important initiatives in fiscal 2020,” said Gregory J. Cochrane, President & CEO. “We made progress on our key strategic priorities, with continued emphasis on our key client relationships, improved gross margins, a significant reduction in our long-term debt, and further success in differentiating our technology platforms in the marketplace. We still have some way to go on reducing our total cost to serve our clients. Our working capital initiatives helped drive down our debt levels, as we continued to convert our clients from BAR to IOE billing and continued to reduce our accounts receivable balances. In addition, the CEWS grant income we received in the year significantly helped offset some of the financial impact on our business from the pandemic.”

“We are starting the new year off with a number of key client contract renewals and extensions recently completed. That being said, we are being consistently vigilant with respect to overall market trends and will be proactive to manage any weakness we see.”

The preliminary results included in this press release, including key supplemental performance indicators are based on information available to the Company as of the date of this release and are subject to revision upon finalizing the audit of DCM’s annual consolidated financial statements for the year ended December 31, 2020.

DCM intends to release its fourth quarter and audited fiscal 2020 results the evening of Thursday, March 18, 2021, via Business Wire and on the company’s website at: www.datacm.com. Management will host a conference call including a question and answer session for shareholders on Friday, March 19, 2021, at 9:00 a.m. ET. Additional details on the call will be released in a separate press release.

About DCM

DCM is a communication solutions partner that adds value for major companies across North America by creating more meaningful connections with their customers. DCM pairs customer insights and thought leadership with cutting edge products, modular enabling technology and services to power its clients’ go to market strategies. DCM helps its clients manage how their brands come to life, determine which channels are right for them, manage multimedia campaigns, deploy location specific and 1:1 marketing, execute custom loyalty programs, and fulfill their commercial printing needs all in one place.

DCM’s extensive experience has positioned it as an expert at providing communication solutions across many verticals, including the financial, retail, healthcare, consumer health, energy, and not for profit sectors. As a result of its locations throughout Canada and in the United States (Chicago, Illinois), it is able to meet its clients’ varying needs with scale, speed, and efficiency – no matter how large or complex the ask. DCM is able to deliver advanced data security, regulatory compliance, and bilingual communications, both in print and/or digital formats.

Additional information relating to DATA Communications Management Corp. is available on www.datacm.com, and in the disclosure documents filed by DATA Communications Management Corp. on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

Forward-Looking Statements

Certain statements in this press release constitute “forward looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, objectives or achievements of DCM or industry results, to be materially different from any future results, performance, objectives or achievements expressed or implied by such forward looking statements. When used in this press release, words such as “may”, “would”, “could”, “will”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan”, and other similar expressions are intended to identify forward looking statements. These statements reflect DCM’s current views regarding future events and operating performance, are based on information currently available to DCM, and speak only as of the date of this press release. These forward looking statements involve a number of risks, uncertainties and assumptions and should not be read as guarantees that future performance or results will be achieved. Many factors could cause the actual results, performance, objectives or achievements of DCM to be materially different from any anticipated or future results, performance, objectives or achievements that may be expressed or implied by such forward looking statements, including completion of the Company’s fiscal 2020 year end audit, the ability of the Company to achieve further cost reductions in its business, the impact on the Company’s business of the COVID-19 pandemic and “stay at home”, closure and other measures taken by governmental authorities in response to COVID-19, and other factors discussed elsewhere in this press release and under the headings “Liquidity and capital resources” and “Risks and Uncertainties” in DCM’s management’s discussion and analysis and other publicly available disclosure documents, as filed by DCM on SEDAR (www.sedar.com). Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, estimated or expected. Unless required by applicable securities law, DCM does not intend and does not assume any obligation to update these forward looking statements.

Non-IFRS Measures

This press release includes certain non-IFRS measures as supplementary information. Except as otherwise noted, when used in this press release, EBITDA means earnings before interest and finance costs, taxes, depreciation and amortization. Adjusted EBITDA means EBITDA adjusted for restructuring expenses, one-time business reorganization costs, goodwill impairment charges, and acquisition costs. In addition to net income (loss), DCM uses non-IFRS measures including EBITDA and Adjusted EBITDA to provide investors with supplemental measures of DCM’s operating performance and thus highlight trends in its core business that may not otherwise be apparent when relying solely on IFRS financial measures. DCM also believes that securities analysts, investors, rating agencies and other interested parties frequently use non-IFRS measures in the evaluation of issuers. DCM’s management also uses non-IFRS measures in order to facilitate operating performance comparisons from period to period, prepare annual operating budgets and assess its ability to meet future debt service, capital expenditure and working capital requirements. EBITDA and Adjusted EBITDA are not earnings measures recognized by IFRS and do not have any standardized meanings prescribed by IFRS. Therefore, EBITDA and Adjusted EBITDA are unlikely to be comparable to similar measures presented by other issuers.

Investors are cautioned that EBITDA and Adjusted EBITDA should not be construed as alternatives to net income (loss) determined in accordance with IFRS as an indicator of DCM’s performance.

Mr. Gregory J. Cochrane

President & Chief Executive Officer

DATA Communications Management Corp.

Tel: (905) 791-3151

Mr. James E. Lorimer

Chief Financial Officer

DATA Communications Management Corp.

Tel: (905) 791-3151

[email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Professional Services Marketing Data Management Communications Technology Consulting Other Communications

MEDIA:

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Legato Merger Corp. Announces Separate Trading of its Common Stock and Warrants

NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) — Legato Merger Corp. (NASDAQ: LEGOU) (the “Company”) announced today that, commencing on or about March 4, 2021, holders of its units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s common stock and warrants included in the units. The shares of common stock and warrants that are separated will trade on the Nasdaq Capital Market (“Nasdaq”) under the symbols “LEGO” and “LEGOW,” respectively. Those units not separated will continue to trade on Nasdaq under the symbol “LEGOU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of common stock and warrants.

Legato Merger Corp. is a blank check 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 or entities. The Company’s efforts to identify a prospective target business will not be limited to any particular industry or geographic region, although the Company currently intends to focus on target businesses in the renewables, infrastructure, engineering and construction and industrial industries.

EarlyBirdCapital, Inc. acted as the sole book running manager for the Company’s initial public offering which was consummated in January 2021. I-Bankers Securities, Inc. acted as co-manager. A registration statement relating to the Company’s offer and sale of these securities was filed with the Securities and Exchange Commission (“SEC”) and became effective on January 19, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

David D. Sgro
Chief Executive Officer 
Legato Merger Corp.
212-319-7676



AGF Reports February 2021 Assets Under Management

TORONTO, March 03, 2021 (GLOBE NEWSWIRE) — AGF Management Limited reported total fee-earning assets under management (AUM) of $39.8 billion as at February 28, 2021.  


AUM

($ billions)


February 28, 2021

January 31, 2021

% Change

Month-Over-Month

February 29, 2020

% Change Year-Over-Year
Total Mutual Fund (including retail pooled funds) $21.4 $20.8   $18.5  
Institutional and Sub-advisory +
High-net-worth + Exchange-traded funds
$15.7 $15.5   $16.2  
Subtotal

(before Private Alternative AUM)
$
37.1
$
36.3
  $
34.7
 
Private Alternative AUM $2.7 $2.8   $2.7  
Total AUM $
39.8
$
39.1
1.8
%
$
37.4
6.4
%
           
Average Daily Mutual Fund AUM $
21.6
$
21.2
  $
19.5
 


Mutual Fund AUM by Category (including retail pooled funds)

($ billions)


February 28,

2021

January 31,

2021

February 29,

2020
Domestic Equity Funds $3.7 $3.7 $3.4
U.S. and International Equity Funds 10.7 10.1 8.0
Domestic Balanced Funds 0.4 0.4 0.5
U.S. and International Balanced Funds 1.4 1.4 1.4
Domestic Fixed Income Funds 1.5 1.6 1.5
U.S. and International Fixed Income Funds 3.5 3.4 3.6
Domestic Money Market 0.2 0.2 0.1
Total Mutual Fund AUM $
21.4
$
20.8
$
18.5

ABOUT AGF MANAGEMENT LIMITED

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.

AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With nearly $40 billion in total assets under management, AGF serves more than 700,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

AGF Management Limited shareholders, analysts and media, please contact:

Adrian Basaraba

Senior Vice-President and Chief Financial Officer
416-865-4203, [email protected]        



Bain Capital Specialty Finance, Inc. Prices Public Offering of $300 Million of 2.950% Unsecured Notes Due 2026

Bain Capital Specialty Finance, Inc. Prices Public Offering of $300 Million of 2.950% Unsecured Notes Due 2026

BOSTON–(BUSINESS WIRE)–
Bain Capital Specialty Finance, Inc. (NYSE: BCSF or the “Company”) today announced that it has priced an offering of $300.0 million aggregate principal amount of 2.950% senior unsecured notes due 2026 (the “Notes”). The Notes will mature on March 10, 2026 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, provided that the Notes may be redeemed at par one month prior to their maturity.

The offering is expected to close on or about March 10, 2021, subject to satisfaction of customary closing conditions.

The Company intends to use the net proceeds of this offering to repay certain outstanding indebtedness under its financing arrangements. The Company also may make investments in existing and new portfolio companies in accordance with its investment objectives with proceeds of subsequent borrowings under its existing financing arrangements and also may use the proceeds from any such subsequent borrowings for general corporate purposes.

Goldman Sachs & Co. LLC served as the underwriter for this offering.

Investors are advised to carefully consider the investment objectives, risks and charges and expenses of BCSF before investing. The pricing term sheet dated March 3, 2021, the preliminary prospectus supplement dated March 3, 2021, and the accompanying prospectus dated February 11, 2021, each of which has been filed with the U.S. Securities and Exchange Commission (the “SEC”), contain this and other information about BCSF and should be read carefully before investing.

The information in the pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed. The pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release are not offers to sell any securities of BCSF and are not soliciting an offer to buy such securities in any state or jurisdiction where such offer and sale is not permitted.

BCSF’s shelf registration statement is on file and has been declared effective by the SEC. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents BCSF has filed with the SEC for more complete information about BCSF and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, BCSF, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. You are advised to obtain a copy of the prospectus supplement and accompanying prospectus and to carefully review the information contained or incorporated by reference therein before making any investment decision.

About Bain Capital Specialty Finance, Inc.

Bain Capital Specialty Finance, Inc. is an externally managed specialty finance company focused on lending to middle market companies. BCSF is managed by BCSF Advisors, LP, an SEC-registered investment adviser and a subsidiary of Bain Capital Credit, LP. Since commencing investment operations on October 13, 2016, and through December 31, 2020, BCSF has invested approximately $3,913.9 million in aggregate principal amount of debt and equity investments prior to any subsequent exits or repayments. BCSF’s investment objective is to generate current income and, to a lesser extent, capital appreciation through direct originations of secured debt, including first lien, first lien/last out, unitranche and second lien debt, investments in strategic joint ventures, equity investments and, to a lesser extent, corporate bonds. BCSF has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended.

Forward-Looking Statements

This letter may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this letter may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the U.S. Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this letter.

Investor Contact:

Katherine Schneider

Tel. +1 212 803 9613

[email protected]

Media Contact:

Charlyn Lusk

Tel. +1 646 502 3549

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Professional Services Finance

MEDIA:

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CORRECTION – 53 New Government Agencies Join DemandStar within 2 Months as Need for Suppliers Skyrockets Amid COVID-19 Pandemic

Now more than ever, agencies seek suppliers who are competitive, 
easily identified and seamlessly contracted

SEATTLE, March 03, 2021 (GLOBE NEWSWIRE) — In a release issued under the same headline on Tuesday, March 2nd by DemandStar Corporation, please note that in the first sentence of the second paragraph, the number of agencies joined since March 1, 2020 should be 139 agencies, rather than 53. The corrected release follows:


DemandStar
, the leading online network for connecting businesses of all sizes to public sector opportunities, makes public today that 53 new government agencies have joined the leading online procurement market within January and February of this year. DemandStar was created for the benefit of both agencies and suppliers so they can easily find and secure contracts. Within the past year, government agencies saw an increase of three to five times more bids while saving 10-15 percent on contract deals.

While January and February have achieved the greatest number of agency sign-ups, 139 agencies and 21,000 business suppliers have joined DemandStar since March 1, 2020 at the beginning of the COVID-19 pandemic. Additionally, well over $3 billion in contract value has been moved, including both general government and COVID-19-specific spending. This increasing number of new sign-ups is a clear indication that government agencies and suppliers are overcoming the challenges of 2020 and will continue to find new ways for growth and success in 2021.

“It is no surprise that the COVID-19 pandemic has placed incredible, unforeseen pressures on government agencies. As a result, government professionals have had to locate suppliers who can help them accomplish newly established goals,” said Ben Vaught, CEO of DemandStar. “Over the past year, agencies and businesses have flocked to DemandStar and reaped its benefits. The procurement process has been made easier for our network to succeed in these challenging times, and we look forward to extending this ease of business to our new and future members.”

Below are a few stand-out agencies from the new additions:

Government agencies and businesses looking to join DemandStar’s e-bidding procurement marketplace can learn more athttps://network.demandstar.com/.

ABOUT DEMANDSTAR

DemandStar builds communities by connecting government entities quickly and efficiently with quality suppliers of all sizes. Founded in 1998, they pioneered the online marketplace concept for bidding on government contracts and now serve as the gateway for B2B partnerships between governments and suppliers both locally and nationally throughout the United States. For more information or for government entities and suppliers interested in joining DemandStar’s network, please visitwww.demandstar.com or call (206) 940-0305.

Contact: Jamie Andersen
Phone: (949) 502-6200
Email: [email protected]



IIROC Trade Resumption – DSAI

Canada NewsWire

VANCOUVER, BC, March 3, 2021 /CNW/ – Trading resumes in:

Company: DeepSpatial Inc. (formerly Aylen Capital Inc.)

CSE Symbol: DSAI (formerly AYL)

Resumption (ET): 9:30  3/4/2021

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)

Fifth Third Bancorp to Attend the 2021 RBC Capital Markets Global Financials Conference

Fifth Third Bancorp to Attend the 2021 RBC Capital Markets Global Financials Conference

CINCINNATI–(BUSINESS WIRE)–
Fifth Third Bancorp (Nasdaq: FITB) will attend the RBC Capital Markets Global Financials Conference on March 10, 2021 at approximately 10:00 AM ET. Greg Carmichael, chairman and chief executive officer, will present on behalf of the Company and will be joined by Jamie Leonard, executive vice president and chief financial officer.

Audio webcast and any presentation slides may be viewed live and for approximately 14 days after the conference through the Investor Relations section of www.53.com. Additionally, any slides used in the presentation will be made available in a printer-friendly format on the Company’s website.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of December 31, 2020, the Company had $205 billion in assets and operates 1,134 full-service Banking Centers, and 2,397 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. In total, Fifth Third provides its customers with access to approximately 52,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2020, had $434 billion in assets under care, of which it managed $54 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.”

Category: Conferences

Chris Doll (Investor Relations)

[email protected] | 513-534-2345

Ed Loyd (Media Relations)

[email protected] | 513-534-6397

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Banking Other Professional Services Professional Services Finance

MEDIA:

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Universal Health Services, Inc. To Present At The 2021 Barclays Global Healthcare Conference

PR Newswire

KING OF PRUSSIA, Pa., March 3, 2021 /PRNewswire/ — Universal Health Services, Inc. (NYSE: UHS) announced today that Steve Filton, Executive Vice President and Chief Financial Officer will virtually present at Barclays Global Healthcare Conference on Wednesday, March 10, 2021, at 3:35pm.  A live audio webcast of the presentation will be available on the Company’s website (www.uhsinc.com).  For those unable to listen to the live webcast, a replay will be available on the Company’s website for 90 days following the conferences.

Universal Health Services (NYSE: UHS) is one of the largest and most respected hospital management companies in the nation. For over 40 years, UHS and its affiliates have focused on meeting patients’ healthcare needs across hundreds of local communities. Today, UHS subsidiaries own and/or operate 399 inpatient and outpatient facilities including acute care hospitals, behavioral health facilities, ambulatory centers, freestanding emergency departments, and urgent care centers in 38 U.S. states, Washington, D.C., the United Kingdom and Puerto Rico.  For additional information on the Company, visit our web site: http://www.uhsinc.com.

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SOURCE Universal Health Services, Inc.