Market Newsdesk

March 10, 2021 9:18 am

GLOBAL TECH INDUSTRIES GROUP, INC. ANNOUNCES AUTHORIZATION BY BOARD OF DIRECTORS TO EVALUATE DIVIDEND CONSISTING OF WARRANTS TO PURCHASE THE COMPANY’S COMMON STOCK

New York, March 10, 2021 (GLOBE NEWSWIRE) — (

GTII

:
OTCQB) Global Tech Industries Group, Inc. (“GTII” or the “Company”), www.gtii-us.com announced today that its Board of Directors has authorized the Company’s Chief Executive Officer to evaluate the feasibility of declaring a dividend (or other distribution) to holders of the Company’s common stock, in the form of warrants to purchase shares of its common stock for cash. The purpose of this corporate action would be to return a portion of the Company’s future value to the stockholders in a manner that gives all stockholders the opportunity to participate in the Company’s potential future growth.

GTII intends to evaluate the feasibility of such a corporate action and report its evaluations back to the Board of Directors, including a proposed structure for the corporate action, as well as a proposed record date, exercise price and terms for a warrant agreement. The final terms of any such corporate action would be subject to the approval of the Board of Directors.

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Blaine Riley – [email protected]
International Monetary
620 Newport Center Drive, #1100
Newport Beach, CA 92660
949.200.4601

March 10, 2021 9:18 am

Apellis Announces Two New Publications from the Positive Phase 2 FILLY Study Evaluating Pegcetacoplan in Geographic Atrophy

Data published in Ophthalmology and the American Journal of Ophthalmology underscore the potential of pegcetacoplan, an investigational targeted C3 therapy, for geographic atrophy

WALTHAM, Mass., March 10, 2021 (GLOBE NEWSWIRE) — Apellis Pharmaceuticals, Inc. (Nasdaq: APLS), a global biopharmaceutical company and leader in targeted C3 therapies, today announced that two leading journals, Ophthalmology and the American Journal of Ophthalmology, published post hoc analyses from the Phase 2 FILLY study of intravitreal pegcetacoplan for geographic atrophy (GA) secondary to AMD. GA is a leading cause of blindness that affects approximately five million people around the world^1,2 and has no approved treatments.

The analysis, “Impact of Baseline Characteristics on Geographic Atrophy Progression in the FILLY Trial Evaluating the Complement C3 Inhibitor Pegcetacoplan,” was published in the American Journal of Ophthalmology, and showed that efficacy results across patient subgroups were consistent with the FILLY results.
Published in Ophthalmology, “Characterizing New-Onset Exudation in the Randomized Phase 2 FILLY Trial of Complement Inhibitor Pegcetacoplan for Geographic Atrophy,” further clarified characteristics of investigator-determined exudations reported in the study.

“Geographic atrophy remains the most significant unmet need in the retina, and we are committed to advancing the first medicine for people living with this relentless disease,” said Federico Grossi, M.D., Ph.D., chief medical officer of Apellis. “These data from two new analyses of our positive Phase 2 FILLY study reinforce the potential of pegcetacoplan in GA, and we look forward to sharing results from our Phase 3 GA studies in the third quarter of this year.”

Pegcetacoplan is currently being evaluated in two pivotal studies, DERBY and OAKS, which enrolled more than 1,200 patients with GA.

About Pegcetacoplan (APL-2)

Pegcetacoplan is an investigational, targeted C3 therapy designed to regulate excessive activation of the complement cascade, part of the body’s immune system, which can lead to the onset and progression of many serious diseases. Pegcetacoplan is a synthetic cyclic peptide conjugated to a polyethylene glycol polymer that binds specifically to C3 and C3b. Pegcetacoplan is being evaluated in several clinical studies across hematology, ophthalmology, nephrology, and neurology. Marketing applications for pegcetacoplan for paroxysmal nocturnal hemoglobinuria (PNH) are under review by the U.S. Food and Drug Administration (FDA), which has granted the application Priority Review designation, and the European Medicines Agency (EMA). Pegcetacoplan was granted Fast Track designation by the FDA for the treatment of geographic atrophy and received orphan drug designation for the treatment of C3G by the FDA and EMA. For additional information regarding pegcetacoplan clinical trials, visit https://apellis.com/our-science/clinical-trials.

About Geographic Atrophy (GA)
GA is an advanced form of age-related macular degeneration (AMD), a leading cause of blindness. GA lesions affect the central portion of the retina, known as the macula, which is responsible for central vision. Excessive complement activation drives irreversible lesion growth in GA³, and C3 is the only target to precisely control complement overactivation. GA is progressive and irreversible, leading to central visual impairment and permanent loss of vision. Based on published studies, approximately one million people have GA in the United States and 5 million people have GA globally.^1,2 There are currently no approved treatments for GA.

About FILLY

The FILLY study was a 246-patient, Phase 2, multicenter, randomized, single-masked, sham-controlled clinical trial evaluating pegcetacoplan in patients with GA secondary to AMD conducted at over 40 clinical sites in the United States, Australia, and New Zealand. Pegcetacoplan was administered as an intravitreal injection monthly or every other month (EOM) for 12 months, followed by six months of monitoring after the end of treatment. The primary efficacy endpoint was the change in GA lesion area from baseline to Month 12 in pegcetacoplan-treated patients compared to sham.

About DERBY and OAKS

DERBY (621 patients enrolled) and OAKS (638 patients enrolled) are Phase 3, multicenter, randomized, double-masked, sham-controlled studies comparing the efficacy and safety of intravitreal pegcetacoplan with sham injections in patients with GA secondary to AMD. The primary objective of the studies is to evaluate the efficacy of pegcetacoplan in patients with GA assessed by change in the total area of GA lesions from baseline as measured by fundus autofluorescence.

About Apellis
Apellis Pharmaceuticals, Inc. is a global biopharmaceutical company that is committed to leveraging courageous science, creativity, and compassion to deliver life-changing therapies. Leaders in targeted C3 therapies, we aim to develop transformative therapies for a broad range of debilitating diseases that are driven by excessive activation of the complement cascade, including those within hematology, ophthalmology, nephrology, and neurology. For more information, please visit www.apellis.com.

Apellis Forward-Looking Statement
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements in respect of the expected closing of the exchanges. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including whether the conditions for the closing of the exchanges will be satisfied and other factors discussed in the “Risk Factors” section of Apellis’ Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 25, 2021 and the risks described in other filings that Apellis may make with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Apellis specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Media Contact:

Mark Dole
[email protected]
617.997.3484

Investor Contact:

Argot Partners
[email protected]
212.600.1902

1 Rudnicka AR, Jarrar Z, Wormald R, et al. Age and gender variations in age-related macular degeneration prevalence in populations of European ancestry: a meta-analysis. Ophthalmology 2012;119:571–580.

2 Wong WL, Su X, Li X, et al. Global prevalence of age-related macular degeneration and disease burden projection for 2020 and 2040: a systematic review and meta-analysis. Lancet Glob Health 2014;2:e106–116.

3 Seddon, JM, Rosner, B. Validated prediction models for macular degeneration progression and predictors of visual acuity loss identify high-risk individuals. Am J Ophthalmol 2019;198:223–261.

March 10, 2021 9:18 am

Chicken Soup for the Soul Entertainment’s Crackle Plus Signs Agreement to Launch Crackle App on Smart TVs Powered by Vewd

As Part of the Agreement, Crackle App Will Come Pre-Loaded on Vewd-Powered Smart TVS and Devices

COS COB, Conn., March 10, 2021 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced Crackle Plus signed an agreement to launch the Crackle app on Smart TVs and set-top boxes powered by Vewd, the leading provider of OTT and hybrid TV solutions. Shipping on almost 40 million connected TVs, set-top boxes, game consoles, and cars each year, Vewd powers the app store, home screen, and promotion experiences on such brands as Sony, Hisense, Vestel, Vodafone, Swisscom, as well as many others.

At launch, Crackle content will be available to customers in the U.S on TVs powered by Vewd’s software. As a result, customers will gain access to Crackle’s extensive library of blockbuster film titles and classic TV series as well as a growing list of original and exclusive programming that uplifts, entertains, and inspires audiences such as Playing With Power: The Nintendo Story, After the Murder of Albert Lima, Breaking Beauty,Lennox Lewis: The Untold Story, Robert the Bruce, Spides, Anything is Possible: The Serge Ibaka Story, Road to Race Day, The Clearing, Insomnia, and Going From Broke, which recently commenced production for its second season.

Vewd’s software not only powers the app store experience for their customers, but also enables programmatic promotion of content from dozens of streaming video entertainment apps. Vewd was founded in 2002, and has shipped its streaming software on more than 350 million devices to date..

President of Crackle Plus Philippe Guelton said, “Crackle is thrilled to partner with Vewd to open the door for their customers to our expanding collection of Originals and Exclusives, as well as our ever-changing library of studio films, docu-series, sports content, and classic TV shows.”

“Consumers are increasingly turning to AVOD services like Crackle to meet their on-demand content needs,” said Aneesh Rajaram, CEO of Vewd. “Now with the Crackle app on Vewd-enabled devices, our customers can keep up with consumer demand and deliver some of the world’s best blockbuster film titles and classic TV series out the gate.”

Crackle Plus linear and VOD networks are available in the U.S. and can be accessed on 29 devices and services including Amazon FireTV, RokuTV, Apple TV, Smart TVs (Samsung, LG, Vizio), gaming consoles (PS4 and XBoxOne), Plex, iOS and Android mobile devices and on desktops at Crackle.com. Crackle is also available in approximately 500,000 hotel rooms in the Marriott Bonvoy chain.

CRACKLE PLUS, A CHICKEN SOUP FOR THE SOUL ENTERTAINMENT COMPANY
Crackle Plus owns and operates ad-supported VOD networks Crackle and Popcornflix and garners 50 million streams of its movies and TV shows per month, making it one of the largest AVOD streaming platforms in the U.S. Crackle Plus has over 80,000 hours of content available across all its networks, and premieres at least one original and one exclusive program each month, differentiating it from other AVODs. Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) owns Crackle Plus and also acquires and distributes video content through its Screen Media subsidiary and produces original long and short-form content through Landmark Studio Group, its Chicken Soup for the Soul Originals division and APlus.com. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

VEWD

Vewd is the leading provider of OTT and hybrid TV solutions, shipping on almost 40 million connected TVs, set-top boxes, game consoles, and cars each year. Our suite of products and services simplify complexity and offer solutions that unite the entire content delivery value chain, from silicon vendors to end-users. Market leaders such as Sony, Hisense, TPV, Vodafone, Sagemcom, and many more rely on Vewd products and services.
Follow us, as we make TV connected. Visit Vewd.com to learn more.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks (including those set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the nine-month period ended September 30, 2020) and uncertainties which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Investors should realize that if our underlying assumptions for the projections contained herein prove inaccurate or that known or unknown risks or uncertainties materialize, actual results could vary materially from our expectations and projections.

INVESTOR RELATIONS
Taylor Krafchik
Ellipsis
[email protected]
(646) 776-0886

MEDIA CONTACT
Kate Barrette
RooneyPartners LLC
[email protected]
(212) 223-0561

March 10, 2021 9:18 am

VanadiumCorp Resource Inc. Commences Trading on the OTCQB Market in the USA

VANCOUVER, British Columbia, March 10, 2021 (GLOBE NEWSWIRE) — VanadiumCorp Resource Inc. (TSX VENTURE:“VRB”) (OTCQB:“VRBFF”) (FRANKFURT:“NWN”) (the “Company”) is pleased to announce that effective March 3, 2021, the Company’s common shares were approved and have commenced trading on the OTCQB Venture Market (“OTCQB”) in the USA, under the symbol “VRBFF”.

“The OTCQB market in the USA provides a regulated platform that will enhance the visibility and trading capability of our Company’s common shares for both institutional and retail investors,” said Adriaan Bakker, President and CEO of VanadiumCorp Resource Inc. “We are confident that trading on the OTCQB in the USA will provide VanadiumCorp Resource Inc. and it’s shareholders with added visibility and market access to the world’s largest economy, promoting greater awareness of the Company’s disruptive vanadium technologies and strategic supply.”

The OTCQB is a venture market operated by the OTC Markets Group, Inc. and is designed for developing companies in the USA and abroad. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must also meet a minimum bid price test and other financial conditions. The OTCQB is recognized by the Securities and Exchange Commission as an established public market and provides current public information to investors that need to analyze, value, and trade securities.

Investors can find Real-Time Level 2 quotes and market information on VanadiumCorp at:

https://www.otcmarkets.com/stock/VRBFF/overview

About OTC Market Group Inc

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX^® Best Market, the OTCQB^® Venture Market, and the Pink^® Open Market for 11,000 U.S. and global securities. Through OTC Link^® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. To learn more about how OTC Markets creates better informed and more efficient markets, visit www.otcmarkets.com.

About VanadiumCorp
Resource Inc.

VanadiumCorp is an integrated green technology company with strategic vanadium mineral deposit assets. VanadiumCorp is focused on commercializing disruptive technologies to process mineral concentrates, produce and regenerate vanadium battery electrolytes sustainably, and construct next-generation vanadium redox flow-battery “VRFB” systems. VRFBs are 100% green technology from mine or waste to battery when hydrometallurgical processes produce the vanadium source commodity. (See VanadiumCorp’s 100% owned & patented “VEPT” green process technology).

Proven VRFB technologies improve renewable energy efficiencies by storing temporary energy surpluses and feeding them back into the electrical grid as required. VanadiumCorp also wholly owns one of the largest and metallurgically favourable vanadium mineral deposits in the world, located in mining-friendly Quebec, Canada.

On behalf of the board of VanadiumCorp:

Adriaan Bakker

President and Chief Executive Officer

For more information contact:

Adriaan Bakker,
President and CEO, VanadiumCorp Resource Inc. (TSX-V: “VRB”)
By phone: 604-385-4489
By email: [email protected]
Website: www.vanadiumcorp.com

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

Cautionary & Forward-Looking Statements

This release contains forward-looking statements. All statements other than statements of present or historical fact are forward-looking statements, including statements with respect to the anticipated use of Private Placement proceeds and anticipated receipt of final TSX Venture Exchange acceptance for the Private Placement. Forward-looking statements include words or expressions such as “will”, “subject to”, “expect” and other similar words or expressions. Factors that could cause future results or events to differ materially from current expectations expressed or implied by the forward-looking statements include general business, economic, competitive, political and social uncertainties; the state of capital markets and risks that may impact the Company’s business, operations and financial condition. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Additional information on these and other factors that could affect the Company’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). We disclaim any obligation to update or revise these forward-looking statements, except as required by applicable law.

March 10, 2021 9:18 am

Cybin to Present at the Stifel GMP Healthcare Conference – Healthcare Psychedelics: Addressing the Global Mental Health Crisis

Cybin to Present at the Stifel GMP Healthcare Conference – Healthcare Psychedelics: Addressing the Global Mental Health Crisis

TORONTO–(BUSINESS WIRE)–Cybin Inc. (NEO:CYBN) (OTCQB:CLXPF) (“Cybin” or the “Company”), a biotechnology company focused on progressing psychedelic therapeutics, today announced that Doug Drysdale, Chief Executive Officer, will be presenting a business and pipeline update at the Stifel GMP Healthcare Conference – Healthcare Psychedelics: Addressing the Global Mental Health Crisis as follows:

Date:		Thursday, March 11, 2021
Time:		1:00PM Eastern Time
Webcast:		https://wsw.com/admin/link/presenter.aspx?444869985

The presentation will be webcast live at the aforementioned time and available for 7 days thereafter using the link provided above.

About Cybin

Cybin is a leading biotechnology company focused on progressing psychedelic therapeutics by utilizing proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches and treatment regimens for psychiatric disorders.

About Stifel

Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners business division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC and Century Securities Associates, Inc. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit www.stifel.com/investor-relations/press-releases.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210310005568/en/

Investors:

Tim Regan/Scott Eckstein

KCSA Strategic Communications

[email protected]

Lisa M. Wilson

In-Site Communications, Inc.

[email protected]

Media:

John Kanakis

Cybin Inc.

[email protected]

Annie Graf

KCSA Strategic Communications

[email protected]

Faith Pomeroy-Ward

In-Site Communications, Inc.

[email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Research Banking General Health Professional Services Pharmaceutical Mental Health Science Biotechnology Alternative Medicine Finance Other Science Health

MEDIA:

Logo

March 10, 2021 9:18 am

Boxlight Announces Clevertouch Gallery in London

Boxlight Announces Clevertouch Gallery in London

LAWRENCEVILLE, Ga.–(BUSINESS WIRE)–Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology, digital signage, and software solutions, today announces the launch of the Clevertouch Gallery in London.

This new Clevertouch Gallery will bring significant benefits to Partners and End User customers with unrivaled in-person and virtual meeting spaces. We continue to double our efforts to influence and help more partners and end users in 2021 with key brand investments.

The Clevertouch Gallery is designed to inspire organizations who demand more from their tech providers. The Clevertouch Gallery is set in the heart of the UK’s finance capital, The City of London. Measuring 2,500 square foot, the Clevertouch Gallery mirrors a modern and efficient work set up for distance learning and hybrid meeting spaces showcasing our latest collaboration touchscreens, commercial displays, digital signage, and a brand new eye-catching Clevertouch LED videowall, all of which are seen at street level.

As well as a training gallery, the Clevertouch Gallery features a boardroom set up, unified comms huddle room, informal meetings space and desk facilities for colleagues and partners. Visitors can interact with the front signage to give them a unique signage experience using their phones, as well as book a meeting on the fly with the Clevertouch team.

Clevertouch now has showrooms in London, Leeds, Edinburgh, Sweden, Finland, and the USA.

Mark Starkey, Boxlight and Clevertouch President comments, “These new brand investments we’re launching throughout 2021 is all part of our ambitious growth plans to become the go-to brand for Enterprise, Education, Healthcare, Retail and Government technology. Last week we launched Clevertouch Academy, our training platform. Over the coming weeks, we’re looking to build and introduce more solutions to enable our partners and end users to get the most from their Clevertouch technology. For us, it’s all about the user experience and Clevertouch Gallery, the Academy, and the new Clevertouch.com website certainly provides this.”

For more information on the new Clevertouch Gallery, visit clevertouch.com.

For a preview of our new space, watch our video – https://bit.ly/2OCjQnZ

About Boxlight Corporation

Boxlight Corporation (Nasdaq: BOXL) (“Boxlight”) is a leading provider of interactive technology solutions under its award-winning brands Clevertouch® and Mimio®. The company aims to improve engagement and communication in diverse business and education environments. Boxlight develops, sells, and services its integrated solution suite including interactive displays, collaboration software, supporting accessories and professional services. For more information about the Boxlight story, visit http://www.boxlight.com and Clevertouch, https://www.clevertouch.com/.

Forward Looking Statements

This press release may contain information about Boxlight’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements because of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to maintain and grow its business, variability of operating results, its development and introduction of new products and services, marketing and other business development initiatives, competition in the industry, etc. Boxlight encourages you to review other factors that may affect its future results in Boxlight’s filings with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210310005536/en/

Media

Sunshine Nance

+1 360-464-2119 x254

[email protected]

Investor Relations

+1 360-464-4478

[email protected]

KEYWORDS: Georgia Europe United States United Kingdom North America

INDUSTRY KEYWORDS: Hardware Technology Primary/Secondary Software Education

MEDIA:

March 10, 2021 9:17 am

Cloopen to Acquire EliteCRM, a Leading CRM Software Provider

PR Newswire

BEIJING, March 10, 2021 /PRNewswire/ — Cloopen Group Holding Limited (“Cloopen” or the “Company”) (NYSE: RAAS), a leading multi-capability cloud-based communications solution provider in China, today announced that it has entered into a definitive agreement to acquire all the equity interests of EliteCRM, a leading customer relationship management software provider. In connection with the acquisition, the Company agreed to offer equity awards in the form of restricted shares in the aggregate of less than 1% of its outstanding share capital on a fully-diluted basis to certain management members of EliteCRM. These restricted shares will be issued under a private placement pursuant to an exemption or exclusion from the registration requirements under the Securities Act of 1933, as amended, and will be subject to a vesting schedule of two years and forfeiture to the extent any share remains unvested in case of early termination of employment.

The transaction is expected to be completed in March 2021, subject to customary closing conditions. There is no assurance that the transaction will be completed within the anticipated timeframe, or at all. Shareholders are cautioned not to place undue reliance on this announcement.

Mr. Changxun Sun, the Company’s founder, chairman of board of directors and chief executive officer, commented, “The enterprise communications industry is undergoing transformation. The integration of AI and cloud computing as well as industrial digitalization has brought significant growth opportunities for us. EliteCRM is a leading contact center and customer relationship management software provider in China with solid industry experience and strong technological capabilities. The acquisition can complement our business portfolio by strengthening the application layer of our cloud communications infrastructure. We believe this acquisition will enable us to offer integrated cloud-based contact center solutions with more competitive functions as we step up our efforts in driving the digital transformation and integration in enterprise management. We are thrilled to welcome EliteCRM to our group.”

Mr. Shuangchun Mou, the founder and chief executive officer of EliteCRM, commented, “We in-house developed EliteTools, a ‘low-code’ development platform, leveraging it to design, build and customize contact center and customer relationship management systems that caters to the diverse needs of enterprises from a broad range of industries. Together with Cloopen, we believe that we will be able to provide enterprises with integrated cloud-based customer service and acquisition solutions and enable them to improve operational productivity in an effectively manner.”

About Cloopen

Cloopen Group Holding Limited is a leading multi-capability cloud-based communications solution provider in China offering a full suite of cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). The Company’s mission is to enhance the daily communication experience and operational productivity for enterprises. The Company aspires to drive the transformation of enterprise communications industry by offering innovative marketing and operational tactics and SaaS-based tools.

For more information, please visit: ir.yuntongxun.com.

About EliteCRM

EliteCRM is a leading contact center and customer relationship management software provider in China. EliteCRM focuses on the development and implementation of customer relationship management software, and offers a comprehensive suite of products including multi-media customer contact center, intelligent marketing system and digital user operation and management platform. EliteCRM serves enterprises across a variety of industries, including banking, insurance, securities, education, automobile and transportation.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to 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,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Company Contact

In China:

Cloopen Group Holding Limited
Investor Relations
E-mail: [email protected]

The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
E-mail: [email protected]

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]

View original content:http://www.prnewswire.com/news-releases/cloopen-to-acquire-elitecrm-a-leading-crm-software-provider-301244636.html

SOURCE Cloopen Group Holding Limited

March 10, 2021 9:16 am

Harley-Davidson Announces First Chief Electric Vehicle Officer

Milwaukee, March 10, 2021 (GLOBE NEWSWIRE) — Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE:HOG) today announces the appointment of Ryan Morrissey as Chief Electric Vehicle Officer (CEVO).

Effective April 1, Morrissey will join Harley-Davidson with over two decades of experience in disruptive technologies and the development of new business ventures. As a consultant at Bain & Company, he served most recently as a Senior Partner and head of the Automotive & Mobility practice in the Americas. In this role, he led the development of growth, adjacency and M&A strategies for OEMs, tech providers, and retailers specific to the long-range transition to electric vehicles and autonomous fleets. He has worked extensively with leading global OEMs in powersports, heavy equipment and automotive on developing digital channels, EV product strategy and software-based services. As part of Bain’s work with financial investors, he has advised many leading investment firms on acquisitions in mobility.

Morrissey began his career at Lutron Electronics, as the U.S. sales lead for their first generation of software-based control systems for energy management. He holds a Bachelor of Science degree in Mechanical Engineering from Lafayette College and an MBA from the MIT Sloan School of Management.

“Ryan has extensive experience with leading OEMs, working on building businesses to develop, commercialize and support electric vehicles. I’m excited to have him join the team to help us lead in electric,” said Jochen Zeitz, chairman, president and CEO, Harley-Davidson. “As we announced in February as part of The Hardwire, we’ll be talking more about our electric strategy later in the year.”

Harley-Davidson recently unveiled The Hardwire, its 2021-2025 strategic plan, with a dedicated focus on electric, targeting long-term profitable growth and shareholder value and aiming to enhance its position as the most desirable motorcycle brand in the world.

Company Background

Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Our vision: Building our legend and leading our industry through innovation, evolution and emotion. Our mission: More than building machines, we stand for the timeless pursuit of adventure. Freedom for the soul. Our ambition is to maintain our place as the most desirable motorcycle brand in the world. Since 1903, Harley-Davidson has defined motorcycle culture by delivering a motorcycle lifestyle with distinctive and customizable motorcycles, experiences, motorcycle accessories, riding gear and apparel. Harley-Davidson Financial Services provides financing, insurance and other programs to help get riders on the road. www.harley-davidson.com.

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Media Contact:
Jenni Coats
[email protected]
414.343.7902

March 10, 2021 9:16 am

SouthState and CenterState earn top banking honors from Forbes and Greenwich Associates

PR Newswire

WINTER HAVEN, Fla., March 10, 2021 /PRNewswire/ — SouthState Bank and CenterState Bank have received top honors from Forbes and Greenwich, including being listed in the top 50 of Forbes’ Best Banks in America and receiving seven regional Greenwich Excellence awards for both middle market banking and small business banking.

“With more than 5,000 financial institutions in the United States, having SouthState ranked in the top 50 of America’s Best Banks by Forbes is an honor,” said John Corbett, CEO of SouthState Bank. “Last year, we closed the merger between SouthState and CenterState, giving us the opportunity to serve more than one million customers across six states. We have been focused on building one of the leading regional banks in the Southeast, and we are pleased our customers feel we have achieved that vision.”

For the 12^th year, Forbes ranked the 100 largest publicly-traded banks and thrifts based on their growth, credit quality and profitability. See the full article, which includes the methodology used by Forbes to rank America’s Best Banks, here.

Greenwich Associates, the leading global provider of market intelligence to the financial services industry, recognized SouthState and CenterState amongst banks in the South with awards for overall satisfaction for middle market banking. Both banks also received South-region awards for likelihood to recommend for small business banking.

SouthState received three additional South-region awards for overall satisfaction, cash management overall satisfaction and proactively providing advice.

“The Greenwich Excellence awards are especially meaningful to us. While we are focused on providing excellent service to businesses of all sizes, we know the pandemic has created extra challenges for small businesses, especially. To be recognized for our service to both small and middle market businesses is a testament to the dedication our bankers have to making sure businesses in our communities receive the support they need to succeed,” said Greg Lapointe, chief banking officer.

Greenwich evaluated more than 600 banks as part of its annual ranking and awards process. Learn more about the Greenwich Excellence Awards for U.S. Middle Market Banking and U.S. Small Business Banking.

SouthState Corporation (NASDAQ: SSB) is a financial services company headquartered in Winter Haven, Florida. South State Bank, N.A., the company’s nationally chartered bank subsidiary, provides consumer, commercial, mortgage and wealth management solutions to more than one million customers throughout Florida, Alabama, Georgia, the Carolinas and Virginia. The bank also serves clients coast to coast through its correspondent banking division. Additional information is available at

SouthStateBank.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/southstate-and-centerstate-earn-top-banking-honors-from-forbes-and-greenwich-associates-301244108.html

SOURCE South State Bank N.A.

March 10, 2021 9:13 am

Amazon Music Launches New Shopping Experience, Making It Easier for Fans to Find Merch from Their Favorite Artists

Amazon Music Launches New Shopping Experience, Making It Easier for Fans to Find Merch from Their Favorite Artists

For the first time, customers can discover new music, watch live streams, and browse a curated, Prime-eligible selection of an artist’s merch, vinyl, and more — all from the Amazon Music app

Launching with products from groundbreaking artists including Lady Gaga, Billie Eilish, Jack Harlow, and King Princess, and exclusive offerings from Selena Gomez, Weezer, Wale, Florida Georgia Line, and more

SEATTLE–(BUSINESS WIRE)–(NASDAQ: AMZN) Amazon Music today announced the integration of artist merchandise within its mobile app, combining the convenience customers have come to know and love from Amazon, with a new way for artists to engage with their audience and enrich the fan experience. Artist merchandise will now appear in the Amazon Music app on participating artists’ pages, side-by-side with their songs, albums, live streams, and music videos. By seamlessly tying artist merch and music together in the app, fans in the U.S. can now easily shop a genre-spanning selection of merchandise, a majority of which is available with Prime shipping for Prime members, from artists including Billie Eilish, Jack Harlow, King Princess, Lady Gaga, and Gucci Mane while listening to their favorite music, uninterrupted.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210310005579/en/

Amazon Music’s in-app merchandise. (Photo: Business Wire)

To coincide with today’s announcement, Amazon Music is debuting exclusive merchandise collections from an exciting array of artists, including a new line of apparel developed by Selena Gomez to celebrate her upcoming Spanish-language EP, REVELACIÓN, and an exclusive collection celebrating legendary rock band, Weezer. Amazon Music’s exclusive offerings feature new merch from Gwen Stefani, Metallica, Queen Naija, Pentatonix, and Florida Georgia Line, and Queen. In addition, Wale has made Amazon Music the exclusive online retail partner for his merchandise collection.

“Fashion is an inseparable part of music and culture, and with the addition of merchandise to the Amazon Music app, we’re making it easier for artists to connect with their fans through our app,” said Sean McMullan, Amazon Music’s Director of Artist Product and Services. “It’s long been Amazon Music’s mission to strengthen the connection between artists and fans, and today’s launch furthers that goal by uniting streaming audio, music videos, live streams, podcasts, and now merch under one roof for the first time.”

Inspired by a Mexico City mural created to commemorate her single “Baila Conmigo,” Selena Gomez’s REVELACIÓN collection includes a variety of apparel from the pop star, including a colorful hoodie, graphic T-shirts, and a hat. On sale now, the collection is only available from Amazon.

“I wanted to offer my fans something special for the release of REVELACIÓN,” said Selena Gomez. “That’s why I worked to develop a beautiful, new collection of exclusive merch for Amazon Music. I hope you enjoy what I’ve put together.”

Weezer will also debut a new collection of merchandise for the launch of Amazon Music’s merch integration. Featuring hoodies, T-shirts, and hats adorned with Weezer’s iconic “Flying W” logo, classic Blue Album colorways, and the band’s trademark earnest tribute to the undeniable power of rock music, the collection is a celebration of all-things Weezer.

“Since the pandemic has temporarily eradicated the merch table, we’re really excited to have developed an exclusive collection of offerings with Amazon Music to bring the merch table directly to our fans,” says Weezer. “We can’t wait to see everyone back on the road when it’s safe again to tour!”

Fans can shop the exclusive merchandise in the Amazon Music app or online or on the Amazon Music Merch Shop, a comprehensive shopping experience on Amazon.com, developed and curated by the Amazon Music team.

Additional exclusive merchandise includes:

Just in time for the release of her new single, “Slow Clap,” this Friday, Gwen Stefani’s new merchandise line pays tribute to the artist’s extensive career, featuring hoodies and T-shirts that juxtapose Stefani’s iconic, SoCal ska-inspired look from the “Just A Girl” music video with her new look introduced in her recent single “Let Me Reintroduce Myself.”
Queen Naija is now offering Amazon Music customers a new collection of T-shirts, sweatshirts, and hoodies sporting her crown logo, as well as designs tied to her song “Butterflies Pt. 2” and her recent album Misunderstood.
Pentatonix is offering an exclusive collection of merch celebrating the group’s newest album The Lucky Ones. The selection includes a coffee mug themed to the band’s single “Coffee in Bed,” a “Happy Now” sweatshirt to commemorate the album’s opening track, and a notebook themed to the group’s song, “A Little Space.”
Metallica is offering a set of exclusive throwback T-shirts.
Amazon Music is the exclusive online retail partner for Wale, offering a selection of the rapper’s merchandise, including hoodies, T-shirts, and more tied to his most recent album, Wow… That’s Crazy.
Florida Georgia Line has also developed exclusive merch for Amazon Music. Featuring T-shirts, phone cases, totes, and more, the new collection pays tribute to the group’s love of fishing, Florida, and the great outdoors.
Queen is offering a merchandise collection that features designs inspired by the “Queen Crest,” which Freddie Mercury originally designed in 1973 for the band’s debut album.

About Amazon Music

Amazon Music reimagines music listening by enabling customers to unlock millions of songs and thousands of curated playlists and stations with their voice. Amazon Music provides unlimited access to new releases and classic hits across iOS and Android mobile devices, PC, Mac, Echo, and Alexa-enabled devices including Fire TV and more. With Amazon Music, Prime members have access to ad-free listening of 2 million songs at no additional cost to their membership. Listeners can also enjoy the premium subscription service, Amazon Music Unlimited, which provides access to more than 70 million songs and the latest new releases. And with Amazon Music HD, customers have access to the highest-quality listening experience available, with more than 70 million songs available in High Definition (HD), millions of songs in Ultra HD, and a growing catalog of 3D Audio. Customers also have free access to an ad-supported selection of top playlists and stations on Amazon Music. All Amazon Music tiers now offer a wide selection of podcasts at no additional cost, and live streaming in partnership with Twitch. Engaging with music and culture has never been more natural, simple, and fun. For more information, visit amazonmusic.com or download the Amazon Music app.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.