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AST SpaceMobile Expands Management Team with Key New Hires

AST SpaceMobile Expands Management Team with Key New Hires

MIDLAND, Texas–(BUSINESS WIRE)–
AST SpaceMobile, Inc. (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced the addition of two executives to its senior leadership team.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210504005794/en/

Brian Heller has joined as Executive Vice President, General Counsel and Secretary of AST SpaceMobile. (Photo: Business Wire)

Brian Heller has joined as Executive Vice President, General Counsel and Secretary of AST SpaceMobile. (Photo: Business Wire)

“I am delighted to welcome such talented individuals to the AST SpaceMobile team,” said Abel Avellan, Chairman and CEO of AST SpaceMobile. “Both of these executives bring extensive expertise to our company, including valuable public company experience. They will complement our existing team of over 200 scientists and engineers, including 24 PhDs, as we seek to fulfill our mission to connect the unconnected by delivering cellular broadband to billions.”

The two new executives are:

  • Brian Heller has joined as Executive Vice President, General Counsel and Secretary. Mr. Heller brings over 20 years of public company experience to AST SpaceMobile. Before joining AST SpaceMobile, he served as General Counsel of Castle Brands, Inc., a publicly traded spirits company, until its sale to Pernod Ricard, and as Senior Vice President – Business and Legal Affairs at Ladenburg Thalmann Financial Services, a publicly traded financial services company, until its acquisition by a portfolio company of Reverence Capital Partners. Mr. Heller was a partner at Steel Hector & Davis in Miami, Florida. He received a Bachelor of Science degree from Northwestern University and a Juris Doctorate from Georgetown University.
  • Scott Wisniewski has joined as Executive Vice President and Chief Strategy Officer overseeing corporate development, treasury, investor relations and public relations. Previously, Mr. Wisniewski was Managing Director of Technology, Media & Telecommunications Investment Banking at Barclays, advising clients on raising capital and M&A for over a decade. While at Barclays, he advised AST SpaceMobile on the $110 million private investment in 2019 and the recently closed business combination transaction, which raised $462 million in gross proceeds. Earlier in his career he was a management consultant focused on supplier development and a mechanical design engineer. Mr. Wisniewski received a Bachelor of Engineering degree from Dartmouth College and a Masters in Business Administration from The University of Chicago Booth School of Business.

About AST SpaceMobile

AST SpaceMobile is building the first and only global broadband cellular network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio. Our team of engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today’s five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. Follow AST SpaceMobile on Twitter (@AST_SpaceMobile) and LinkedIn. For an overview of the SpaceMobile mission, view this video.

Forward-Looking Statements

This communication contains “forward-looking statements” that are not historical facts, and involve risks and uncertainties that could cause actual results of AST SpaceMobile to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “seek,” “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “may,” “will,” “potential,” “projects,” “predicts,” “continue,” or “should,” or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include, without limitation, statements concerning AST SpaceMobile’s expectations with respect to future performance and market size and anticipated financial impacts of the Business Combination.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside AST SpaceMobile’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (i) expectations regarding AST SpaceMobile’s strategies and future financial performance, including AST’s future business plans or objectives, expected functionality of the SpaceMobile Service, anticipated timing and level of deployment of satellites, anticipated demand and acceptance of mobile satellite services, prospective performance and commercial opportunities and competitors, the timing of obtaining regulatory approvals, ability to finance its research and development activities, commercial partnership acquisition and retention, products and services, pricing, marketing plans, operating expenses, market trends, revenues, liquidity, cash flows and uses of cash, capital expenditures, and AST’s ability to invest in growth initiatives; (ii) the inability to maintain the listing of AST SpaceMobile’s shares of common stock on The Nasdaq Stock Market; (iii) the risk that the consummation of the Business Combination disrupts current plans and operations; (iv) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of AST SpaceMobile to grow and manage growth profitably and retain its key employees; (v) changes in applicable laws or regulations; (vi) the possibility that AST SpaceMobile may be adversely affected by other economic, business, and/or competitive factors; (vii) the outcome of any legal proceedings that may be instituted against AST SpaceMobile concerning the Business Combination; and (viii) other risks and uncertainties indicated in the proxy statement, including those under the section entitled “Risk Factors” in the Definitive Proxy Statement relating to the Business Combination, and in the Company’s other filings with the SEC.

AST SpaceMobile cautions that the foregoing list of factors is not exclusive. AST SpaceMobile cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors section of the Definitive Proxy Statement relating to the Business Combination. AST SpaceMobile’s securities filings can be accessed on the EDGAR section of the SEC’s website at www.sec.gov. Except as expressly required by applicable securities law, AST SpaceMobile disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Investor Contact:

Michael Bowen

[email protected]

+1 (203) 682-8299

Media Contact:

Brandyn Bissinger

[email protected]

+1 866 845 6521

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Telecommunications Satellite Networks Internet Consumer Electronics Technology Mobile/Wireless Other Technology

MEDIA:

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Brian Heller has joined as Executive Vice President, General Counsel and Secretary of AST SpaceMobile. (Photo: Business Wire)
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Scott Wisniewski has joined as Executive Vice President and Chief Strategy Officer of AST SpaceMobile. (Photo: Business Wire)
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Item 9 Labs to Host Second Quarter Fiscal Year 2021 Earnings Call on May 18 at 11:00 a.m. ET

PR Newswire

PHOENIX, May 4, 2021 /PRNewswire/ — Item 9 Labs Corp. (OTCQX: INLB) (“Item 9 Labs” or the “Company”), a vertically integrated cannabis dispensary franchisor and operator that produces premium award-winning products, today announced that it will host a conference call on Tuesday, May 18, 2021 at 11:00 a.m. Eastern time (8:00 a.m. Pacific time) to discuss financial results for the second quarter of fiscal year 2021 ended March 31, 2021. The 10Q will be filed after markets close on Monday, May 17, 2021.  

Item 9 Labs CEO Andrew Bowden and CFO Bobby Mikkelsen will host the conference call. They will be joined by other members of the management team during the question-and-answer period.

Date:
Tuesday, May 18, 2021

Time:
11:00 a.m. Eastern time (8:00 a.m. Pacific time)

Access by phone: Please call the conference telephone number 10-15 minutes prior to the start time. An operator will register your name and organization.

  • U.S. dial-in number: 888-506-0062 (pass code: 665448)
  • International number: 973-528-0011 (pass code: 665448)

Access by webcast: A live and archived webcast will be available, click on this webcast link to register.

Questions: Please submit questions to [email protected] before the earnings call begins. The management team will do their best to answer all questions.

A telephonic replay of the conference call will also be available until Tuesday, June 1, 2021 via the following call-in numbers:

  • Toll-free replay number: 877-481-4010 (replay pass code: 41183)
  • International replay number: 919-882-2331 (replay pass code: 41183)


About Item 9 Labs Corp.

 
Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.

Media Contact:
Item 9 Labs
Jayne Levy, Director of Communications
Phone: 480-542-9421
Email: [email protected]

Inv
estor Contact:
Item 9 Labs
Phone: 800-403-1140
Email: [email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/item-9-labs-to-host-second-quarter-fiscal-year-2021-earnings-call-on-may-18-at-1100-am-et-301283057.html

SOURCE Item 9 Labs Corp.

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Better Choice Company to Host First Quarter 2021 Earnings Call on May 13th at 8:30 a.m. ET

NEW YORK, May 04, 2021 (GLOBE NEWSWIRE) — Better Choice Company (OTCQX: BTTR) (“Better Choice”), an animal health and wellness company, will host a conference call and webcast on Thursday, May 13, 2021 at 8:30 a.m. ET to answer questions about the Company’s operational and financial highlights for the first quarter of 2021 and recent developments. Additional details are available on the Company’s website: https://betterchoicecompany.com/.

Event: Better Choice First Quarter 2021 Earnings Call
Date: Thursday, May 13, 2021
Time: 8:30 a.m. Eastern Time
Live Call: +1-855-327-6837 (U.S. Toll-Free) or +1-631-891-4304 (International)
Webcast: http://public.viavid.com/index.php?id=144846

For interested individuals unable to join the conference call, a dial-in replay of the call will be available until May 27, 2021 and can be accessed by dialing +1-844-512-2921 (U.S. Toll Free) or +1-412-317-6671 (International) and entering replay pin number: 10014678.

About Better Choice Company, Inc.
Better Choice Company Inc. is a rapidly growing animal health and wellness company committed to leading the industry shift toward pet products and services that help dogs and cats live healthier, happier and longer lives. We take an alternative, nutrition-based approach to animal health relative to conventional dog and cat food offerings and position our portfolio of brands to benefit from the mainstream trends of growing pet humanization and consumer focus on health and wellness. We have a demonstrated, multi-decade track record of success selling trusted animal health and wellness products and leverage our established digital footprint to provide pet parents with the knowledge to make informed decisions about their pet’s health. We sell the majority of our dog food, cat food and treats under the Halo and TruDog brands, which are focused, respectively, on providing sustainably sourced kibble and canned food derived from real whole meat, and minimally processed raw-diet dog food and treats. For more information, please visit https://www.betterchoicecompany.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Further information on the Company’s risk factors is contained in our filings with the SEC. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Company Contact:

Better Choice Company, Inc.
Scott Lerner, CEO

Investor Contact:

KCSA Strategic Communications
Valter Pinto, Managing Director
PH: 212-896-1254
[email protected]



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Hamilton Thorne Announces the Acquisition of Tek-Event Pty Ltd.


Expands the Company’s proprietary product offerings with the addition of Tek-Event’s Cell-Tek Microscope Chamber


Provides a direct sales and support platform for the entire Hamilton Thorne product portfolio in Australia

BEVERLY, Mass. and TORONTO, May 04, 2021 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX-V: HTL), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today announced that it has completed the acquisition of Tek-Event Pty Ltd.

Tek-Event, based in suburban Sydney, Australia, is the manufacturer of the Cell-Tek Microscope Chamber, a specialized product for controlling temperature, air flow, humidification, and air quality that is used in ART and laboratory markets worldwide. The Cell-Tek Chamber is designed to create an optimum environment for visually examining, manipulating, transferring, or assessing oocytes and embryos for in-vitro fertilization (IVF). Tek-Event is also a value-added reseller of a select range of capital equipment and consumables, including those manufactured by Hamilton Thorne. Tek-Event serves approximately 90% of IVF clinics in Australia.

Acquisition Details

Hamilton Thorne acquired the capital stock of Tek-Event Pty Ltd. for a purchase price of approximately A$1.1 million (approximately US$860,000), plus closing adjustments, paid at closing, with the potential for the payment of additional purchase price of up to approximately A$590,000 (approximately US$460,000), based on achieving certain financial targets. The purchase price paid at closing is equal to approximately 1.15 times Tek-Event’s annualized nine-month sales for its fiscal year ending June 30, 2021.

“This acquisition represents a unique opportunity to add a high-quality product line with significant growth potential to our product portfolio, as well as to establish a direct sales presence in Australia,” stated David Wolf, President and CEO of Hamilton Thorne. “While this is a relatively small transaction, it is strategic and accretive. In addition to this transaction, we have an active pipeline and are actively working on multiple opportunities. We are mindful, however, that acquisition completion is hard to predict and the effects of the Covid-19 pandemic could affect this goal.”

Key Benefits of the Transaction:

  • Addition of the Cell-Tek Microscope Chamber, a premium product that diversifies and increases Hamilton Thorne’s product offerings to the ART laboratory
  • Provides a direct sales and support platform for the entire Hamilton Thorne portfolio of products in Australia
  • Opportunity to increase Cell-Tek Microscope Chamber sales by leveraging Hamilton Thorne’s established worldwide sales and marketing resources
  • Non-dilutive transaction financed through its cash on hand
  • Expected to be accretive to revenue and Adjusted EBITDA in 2021

Tek-Event will operate as a part of Hamilton Thorne’s Planer Limited subsidiary and will retain its brand identity and all personnel. Additional information on Tek-Event and the Cell-Tek Microscope Chamber can be found at https://tekevent.com.

About Hamilton Thorne Ltd. (
www.hamiltonthorne.ltd
)

Hamilton Thorne is a leading global provider of precision instruments, consumables, software and services that reduce cost, increase productivity, improve results and enable breakthroughs in Assisted Reproductive Technologies (ART), research, and cell biology markets. Hamilton Thorne markets its products and services under the Hamilton Thorne, Gynemed, Planer, and Embryotech Laboratories brands, through its growing sales force and distributors worldwide. Hamilton Thorne’s customer base consists of fertility clinics, university research centers, animal breeding facilities, pharmaceutical companies, biotechnology companies, and other commercial and academic research establishments.

Neither the TSX Venture Exchange, nor its regulation services provider (as that term is defined in the policies of the exchange), accepts responsibility for the adequacy or accuracy of this release.

To supplement our financial results on an IFRS basis, we use certain non-IFRS measures that we believe are helpful in understanding those results, including earnings before interest, income taxes, depreciation, amortization, share-based compensation expense, changes in fair value of derivatives and identified acquisition costs related to completed transactions (“Adjusted EBITDA”), Organic Growth, and Constant Currency. See section entitled “Use of Non-IFRS Measures” and “Results of Operations” in the Company’s Management Discussion and Analysis for the periods covered for further information and a reconciliation of Adjusted EBITDA to Net Income.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are available at www.sedar.com
.

For more information, please contact:

David Wolf, President & CEO Michael Bruns, CFO Glen Akselrod
Hamilton Thorne Ltd. Hamilton Thorne Ltd. Bristol Investor Relations
978-921-2050 978-921-2050 905-326-1888
[email protected] [email protected] [email protected]



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Global Tech Industries Group, Inc. Announces Update Regarding Tokenization and Dividend of Picasso Engraved Etching

New York, NY, May 04, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today an update regarding its recently acquired Picasso engraved etching.

As previously announced, the original Picasso acquired by the Company to form part of its planned digital fine arts and collectibles platform is entitled ‘Quatre femmes nues et tete sculptee’ and was executed in 1934 on Montval laid paper and published by A. Vollard, Paris, in 1939 (the “Picasso Etching”).

The Company intends to tokenize the Picasso Etching and is evaluating the process for issuing to its shareholders pro-rata fractional interests in the tokenized Picasso Etching that would trade on a blockchain-based Alternative Trading System (”ATS”), which the Company plans to develop with Alt 5 Sigma once the ATS has completed the required regulatory filings. It is anticipated that fractional interests in the tokenized Picasso Etching would be held only in accounts with broker-dealers who subscribe to the Company’s ATS, which would initially include Wynston Hill Capital, LLC, a FINRA member broker-dealer.

David Reichman, GTII’s Chairman, stated, “With the Company attempting to deepen its relationship with Alt 5 Sigma to include an ATS and a FINRA member broker-dealer, it makes sense that we would seek to have our first digital fine arts piece exclusive to our ATS where trades of the tokenized fractional interests can be settled in a secure and timely manner,”.

About Global Tech Industries Group, Inc.: GTII is 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

About Alt 5 Sigma Inc.:
 ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency, and compliance.

ALT 5 provides its clients the ability to buy, sell, and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5’s products and services are available to Banks, Broker-Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.

ALT 5’s digital asset custodian services are secured by GardaWorld. GardaWorld is the world’s largest privately-owned business solutions and security services company, offering cash management services.

For more information, visit www.alt5sigma.com.

About
 
Wynston Hill Capital LLC: Wynston Hill Capital is a full-service boutique investment bank that works with established companies across a diverse universe of industries. The company plans to add value to its individual clients by comprehending and focusing on the short and long-term financial and strategic goals of its clients.

For more information, visit www.wynstonhillcapital.com.

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.

For further information contact:

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



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InvestorBrandNetwork (IBN) Announces Latest Episode of Stock2Me Podcast Featuring Paul Duffy, President of Nextech AR Solutions Corp.

LOS ANGELES, May 04, 2021 (GLOBE NEWSWIRE) — via InvestorWire — InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The Stock2Me Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels.

The Stock2Me Podcast features a fascinating array of companies and individuals, many of whom are actively revolutionizing age-old business practices within their respective markets. Stock2Me’s latest podcast features Paul Duffy, President of Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF).

During the interview, Duffy explains how the company’s technology uses your smartphone to “augment” your view by superimposing a hologram into your physical location.

“What makes us different is that we put augmented reality into everything that we do. AR is the ability to take photorealistic objects – it could be people, products or places – and superimpose them using your smartphone,” Duffy said. “So, as you view your phone over a location you can conjure up a hologram and literally augment the reality of that space. If you want to view a vacuum cleaner, you could literally press a button on our website, and it will conjure up through your browser that particular vacuum as a hologram. You can pinch it, zoom it, rotate it, put it in your closet and take a selfie to send to your partner and say, ‘That’s the one we want to buy.’ AR is very useful in converting online shoppers into buyers.”

Duffy emphasized that e-commerce is not the company’s only application for AR technology. Nextech AR Solutions has additional lines of business.

“We also use AR with a virtual experience platform. With COVID, most events have gone virtual to some degree. Our Digital Experience Platform lets you beam in a speaker during a virtual event as a hologram into your home or office,” he explained. “In January, we launched the AR Ad Network. The digital ad space is a thriving industry. Because we have our e-comm business, we know a lot of customers visit our website through these AR ads. We put AR 3D ads out into the wild, and we notice an enormous click-through rate, which is wonderful for increasing conversions for our clients.”

The company expects the wider availability and adoption of 5G mobile phone networks to be a boost for its business lines.

“The world of 5G is coming fast. If you think about everything we do as a business, it only gets better when it runs in 5G, which is 10 to 100 times faster than current speeds. The enablement of that bandwidth for the type of experiences that you can produce and deliver and then track and measure is just phenomenal.”

Join InvestorBrandNetwork’s Stuart Smith and Paul Duffy, President of Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF), to learn about the company’s rapid revenue growth and its management team staffed by executives who formerly worked at leading tech companies like SAP, Microsoft and IBM.

To hear the whole interview and subscribe for future episodes, visit: https://podcast.stock2me.com.

The latest installment of The Stock2Me Podcast continues to reinforce InvestorBrandNetwork’s commitment to the expansion of its robust network of brands, client partners, followers and the growing IBN Podcast Series. For more than 15 years, IBN has leveraged this commitment to provide unparalleled distribution and corporate messaging solutions to 500+ public and private companies.

To learn more about IBN’s achievements and milestones via a visual timeline, visit https://IBN.fm/TimeLine.

About InvestorBrandNetwork

The InvestorBrandNetwork (“IBN”) consists of financial brands introduced to the investment public over the course of 15+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

Through NetworkNewsWire (“NNW”) and its affiliate brands, IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) a total news coverage solution.

For more information on IBN, visit https://www.InvestorBrandNetwork.com.

Please see full terms of use and disclaimers on the InvestorBrandNetwork website, applicable to all content provided by IBN wherever published or re-published: https://IBN.fm/Disclaimer

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications

InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]



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Cantaloupe Forms Strategic Partnership with Castles Technology

Cantaloupe Forms Strategic Partnership with Castles Technology

MALVERN, Pa. & ATLANTA–(BUSINESS WIRE)–Cantaloupe, Inc. (NASDAQ: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, and Castles Technology, an industry leading manufacturer of credit card payment terminals, today announced a commercial arrangement to introduce a next-generation cashless solution. In addition, the agreement contemplates the two companies will leverage their respective market positions to drive sales, delivery, and increased adoption. The innovative solution envisions a novel value proposition for the market, with the goal of offering consumers an experience in unattended retail that’s richer and much more compelling.

“Our relationship with Cantaloupe is key for meeting the growing demand for Castles’ unattended family of products,” said Winston Fong, chief executive officer, Castles Technology North America. “This agreement represents a significant milestone of our presence in vending and the unattended marketplace in North America, and we are excited to join together with Cantaloupe to deliver leading edge products and solutions to satisfy the needs for all types of customers. Our combined solution will allow customers to better connect with consumers by leveraging digital displays thereby creating a much better buying experience.”

Castles’ unattended payment terminals incorporate state of the art engineering, product design, PCI security and EMV Contact and Contactless, exceeding the highest standards required by the unattended payments industry. The devices can be fitted in wide range of hardware configurations, including vending, kiosks, amusement, and EV charging stations.

“We believe the benefits of Cantaloupe’s platform are vastly increased with Castles’ products,” said Sean Feeney, chief executive officer, Cantaloupe, Inc. “This strategic alliance offers customers, new and existing, the most innovative approach to vending retail, enabling greater operational agility and significant reductions to operating costs. Our relationship with Castles is another demonstration of our best-in-class strategy in action — offering our enterprise and SMB customers industry-leading solutions to enhance capabilities and achieve a better return on investment.”

Useful Links:

Sales and Partnership Inquiries:

Please contact Cantaloupe, Inc. at +1 800.633.0340 or [email protected].

About Castles Technology

Castles Technology positions itself as a professional leading manufacturer in the payments industry. Since its inception in 1993, Castles has been one of the leading global providers of state-of-the-art payment solutions for financial, retail, hospitality, transportation and unattended market sectors. Castles provides variety of products that make payments seamless, simple and secure. Headquartered in Taipei, Taiwan, Castles has grown exponentially over the years and continues to leave a global footprint. Castles’ customers and partners continue to benefit from the company’s cutting-edge payment solutions and outstanding customer service. The company has regional offices in North America, Spain, Italy, UK, Jordan, Japan, China and Singapore, to support over 59 countries globally.

About Cantaloupe, Inc.

Cantaloupe, Inc. is a software and payments company that provides end-to-end technology solutions for the unattended retail market. Cantaloupe is transforming the unattended retail community by offering one integrated solution for payments processing, logistics, and back-office management. The Company’s enterprise-wide platform is designed to increase consumer engagement and sales revenue through digital payments, digital advertising and customer loyalty programs, while providing retailers with control and visibility over their operations and inventory. As a result, customers ranging from vending machine companies, to operators of micro-markets, gas and car charging stations, laundromats, metered parking terminals, kiosks, amusements and more, can run their businesses more proactively, predictably, and competitively.

Forward-looking Statements:

All statements other than statements of historical fact included in this release, including without limitation Cantaloupe’s future prospects and performance, the business strategy and the plans and objectives of Cantaloupe’s management for future operations, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “guidance,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions, as they relate to Cantaloupe or its management, may identify forward-looking statements. Such forward-looking statements are based on the reasonable beliefs of Cantaloupe’s management, as well as assumptions made by and information currently available to Cantaloupe’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to the incurrence by Cantaloupe of any unanticipated or unusual non-operational expenses which would require us to divert our cash resources from achieving our business plan; the uncertainties associated with COVID-19, including its possible effects on Cantaloupe’s operations, financial condition and the demand for Cantaloupe’s products and services; the ability of Cantaloupe to predict or estimate its future quarterly or annual revenue and expenses given the developing and unpredictable market for its products; the ability of Cantaloupe to retain key customers from whom a significant portion of its revenues is derived; the ability of Cantaloupe to compete with its competitors to obtain market share; the ability of Cantaloupe to make available and successfully upgrade current customers to new standards and protocols; whether Cantaloupe’s existing or anticipated customers purchase, rent or utilize ePort or Seed devices or our other products or services in the future at levels currently anticipated by Cantaloupe; disruptions to our systems, breaches in the security of transactions involving our products or services, or failure of our processing systems; or other risks discussed in Cantaloupe’s filings with the U.S. Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the year ended June 30, 2020 and its Quarterly Reports on Form 10-Q for the quarters ended September 30, 2020 and December 31, 2020. Readers are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statement made by us in this release speaks only as of the date of this release. Unless required by law, Cantaloupe does not undertake to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events. If Cantaloupe updates one or more forward-looking statements, no inference should be drawn that Cantaloupe will make additional updates with respect to those or other forward-looking statements.

— G-CTLP

Media Contact for Castles Technology:

Rob Murphy

+1 770.527.1664

[email protected]

Media and Investor Relations Contacts for Cantaloupe, Inc.:

Alicia V. Nieva-Woodgate

Cantaloupe, Inc.

+1 720.445.4220

[email protected]

Emily Porro

Makovsky

[email protected]

Investor Relations:

ICR, Inc.

[email protected]

KEYWORDS: United States North America Pennsylvania Georgia

INDUSTRY KEYWORDS: Hardware Retail Data Management Technology Public Relations/Investor Relations Finance Communications Other Consumer Professional Services Online Retail Other Retail Other Technology Software Food/Beverage Consumer

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CS Energy Announces Closing of Acquisition by American Securities

Ares Management and The Conti Group sold entire stake in leading solar and energy storage company

PR Newswire

EDISON, N.J., May 4, 2021 /PRNewswire/ — CS Energy, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, announced today that it has been acquired by affiliates of American Securities LLC, a leading US private equity firm. American Securities acquired the equity interests in CS Energy from a fund managed by the Infrastructure and Power strategy of Ares Management Corporation (NYSE: ARES) and The Conti Group.

CS Energy has established itself as a leader in the solar and energy storage sectors, having constructed over 1 GW of solar projects and 300 MWh of energy storage projects throughout the United States and in select international markets.

“CS Energy is extremely excited to be partnering with American Securities through our next phase of growth,” said Matthew Skidmore, CEO of CS Energy. “Our management team and strategy will remain consistent on a go-forward basis and we are excited to continue to grow our business by continuing to execute great projects for our customers.”

“CS Energy fits squarely within our strategy to acquire market leading companies servicing the U.S. energy transition to renewables,” said Michael Sand, a Managing Director of American Securities. “We are impressed by the CS Energy management team, corporate culture and outstanding track record, and are thrilled to partner with management to achieve its growth plans.”

“We are extremely proud of the growth and accomplishments of CS Energy during our ownership over the last three years,” said Keith Derman, Partner and Co-Head of Ares Infrastructure and Power. “Our shared vision with the talented management team was executed seamlessly with admirable results. Our commitment to investing in the energy transition remains strong, and we anticipate future opportunities to partner with CS Energy on the development and construction of new facilities.”

“The Conti Group is proud of the growth that CS Energy has had over the past three years with its strong partnership with Ares and we look forward to its continued growth and success with American Securities,” said Kurt Conti, Chairman of The Conti Group. “This investment continues to advance our longstanding vision of building a world-class renewable energy company.”

Lazard acted as lead financial advisor to CS Energy on the transaction. Cowen also acted as financial advisor to CS Energy. Morgan Lewis & Bockius LLP served as legal counsel to CS Energy. Weil, Gotshal & Manges LLP served as legal counsel to American Securities.

About CS Energy
CS Energy is an industry-leading engineering, procurement and construction (EPC) energy firm that designs and builds optimized projects in solar, energy storage, and emerging energy industries. CS Energy leverages strong relationships with solar developers, IPPs, utilities, off-takers, suppliers, and landowners to help our customers streamline the project development process, lower project costs, and create value for all stakeholders.

About American Securities
Based in New York with an office in Shanghai, American Securities is a leading U.S. private equity firm that invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion and/or $50 million to $250 million of EBITDA. American Securities and its affiliates have approximately $23 billion under management. For more information, visit www.american-securities.com.

About Ares Management Corporation
Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager operating integrated groups across Credit, Private Equity, Real Estate and Strategic Initiatives. Ares Management’s investment groups collaborate to deliver innovative investment solutions and consistent, attractive investment returns for fund investors throughout market cycles. As of March 31, 2021, Ares Management’s global platform had approximately $207 billion of assets under management with more than 1,450 employees operating across North America, Europe and Asia Pacific. For more information, please visit www.aresmgmt.com.

About Ares Infrastructure and Power
Ares Infrastructure and Power (“AIP”) provides flexible capital across the climate infrastructure, natural gas generation, and energy transportation sectors. AIP leverages a broadly skilled and cohesive team of more than 25 investment professionals with deep domain experience and has deployed over $9 billion of capital in more than 250 different infrastructure and power assets and companies as of March 31, 2021.

About The Conti Group
The Conti Group is a holding company which owns businesses, assets and invests in development, engineering, construction, infrastructure, real estate, renewable energy, logistics, software and healthcare. The Conti Group has a 116-year history of building successful, reputable businesses which make a positive impact. www.thecontigroup.com

 

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SOURCE CS Energy

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QMC Identifies 1,000 PPM Li In Significant Soil Anomaly

PR Newswire

VANCOUVER, B.C., May 4, 2021 /PRNewswire/ — QMC Quantum Minerals Corp., (TSX.V: QMC) (FSE: 3LQ) (OTC PINK: QMCQF) (“QMC” or “the Company) will be incorporating the results of a litho-geochemical soil survey in the upcoming NI 43-101 report, being prepared by SGS Canada.

Highlights

  • Strong lithium soil geochemical anomaly 1,100m long by 100m on the east widening to 350m at the west.
  • Potential for additional tonnage.
  • Several areas reported over 1,000 ppm Li.
  • Chip samples in the area are 2.47% Li2O at Mapetre and 4.16% Li2O at Central.
  • Magnitude of lithium anomaly cannot be accounted for by the known pegmatites in the area.
  • Lithium market moving into deficit with material shortages emerging.

Balraj Mann, CEO, commented, “Macquarie Group recently stated the lithium market is moving to a deficit in 2022 with material shortages emerging in 2025.  Lithium hydroxide prices are expected to top $16,000 per tonne.  Moreover, as the amount of cobalt in batteries is reduced, the lithium component within must be increased.” 

The historic assessment report (Manitoba Mines Branch: #92681) documents a litho-geochemical soil survey that was conducted by TANCO for the purpose of delineating buried, undiscovered tantalum-bearing pegmatite structures that may occur south of Cat Lake between the known Central Pegmatite on the west and the Mapetre Pegmatite to the east. Two survey grids were laid out. The larger grid (Grid “A” below), established on a 150 x 500-foot grid pattern, confirmed that a very intense, widespread lithium geochemical soil anomaly is situated between the Central and Mapetre Dikes covering an east/west distance of approximately 1100 metres with a width of 100 metres at the east end, widening to approximately 350 metres at the west end.  TANCO reports lithium results within this anomaly to be up to 630 ppm Li. 

The second grid (Grid “B”) established a tighter, 150 x 150-foot grid pattern over the western portion of the Grid “A” anomaly.  The purpose of Grid “B” was to again identify additional pegmatite mineralization in extensions of, or parallel structures to the Central Dike. Results of the lithium soil geochemistry were highly anomalous as several areas reported over 1,000 ppm lithium concentrations with a widespread lithium anomaly showing > 300ppm Li and remaining open ended to the east.

The location of both these grids and the data TANCO produced are reproduced in the figure below. 

In the assessment report, TANCO geologists state that the “breath and length of this lithium anomaly is such that it cannot be accounted for by the known pegmatites in the area.”  TANCO geologists strongly recommended that the company explore both these target areas with additional drill programs; however, at the time, tantalum was TANCO’s metal of choice and the company had no interest in producing lithium.  The assessment report was prepared by D.L. Trueman, P. Eng. for the Tantalum Mining Corporation of Canada Limited (“TANCO”) and was dated 1979.

QMC’s exploration work programs have confirmed the presence of significant mineralization within the Mapetre and Central pegmatite dikes.  QMC crews identified large crystals of spodumene mineralization on the Mapetre where a 1.5-metre-long chip sample assayed 2.47% Li2O.  Chip samples from the Central assay returns were from 1.42% to 4.16% Li2O.  QMC also had TANCO drill core assayed for lithium.  The best Mapetre Dike intersection was 0.32% Li2O over 16.61 metres, including 0.52% Li2O over 8.69 metres.  The best intersection from the Central Dike was 1.28% over 3.81 metres, including 2.97% Li2O over 1.22 metres.  Two additional sample intervals from drill holes on the Central Dike re-assayed 1.50% Li2O over 1.52 metres and 1.04% Li2O over 1.52 metres. 

The Company has entered into a month-to-month marketing and consulting contract with Toronto-based marketing firm, North Equities Corp.  North Equities specializes in various social media platforms and will be able to facilitate greater awareness and widespread dissemination of the Company’s news.  The Company will pay North Equities $3,500 per month. North Equities currently owns 200,000 shares of the Company along with 200,000 warrants exercisable at $0.16 per share.

Qualified Person

The technical content of this news release has been reviewed and approved by Bruce E. Goad, P. Geo., a qualified person as defined by National Instrument 43-101.

About the Company

QMC is a British Columbia based company engaged in the acquisition, exploration and development of resource properties. Its objective is to acquire, locate and develop economic deposits within the company’s precious, base, rare metal resource properties of merit. The Company’s current properties include the Irgon Lithium Mine Project and two VMS properties, the Rocky Lake and Rocky-Namew, known collectively as the Namew Lake District Project. Currently, all of the Company’s properties are located in Manitoba.


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

On behalf of the Board of Directors of

QMC QUANTUM MINERALS CORP.

Balraj Mann

President and Chief Executive Officer
+1 604-601-2018

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SOURCE QMC Quantum Minerals Corp.

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Anghami launches Live Radio, the first ever music and voice real-time audio experience

  • Anghami’s innovative Live Radio offers a unique combination of music and voice functions for the first time, allowing any user to both listen and talk in real-time
  • Developed in-house, Live Radio builds on Anghami’s existing social features to capture an increased share of the growing social audio market
  • Having launched in beta in September 2020, data from beta-testing also reveals social features support user engagement and retention
  • Musicians and creators will also soon be able to benefit from features to create subscription-only channels and revenue streams via their Live Radio channels 

ABU DHABI, United Arab Emirates, May 04, 2021 (GLOBE NEWSWIRE) — Ahead of its historic listing on NASDAQ New York via proposed merger with Vistas Media Acquisition Company, a special purpose acquisition company (NASDAQ:VMAC), Anghami, the Middle East and North Africa’s (MENA) largest music platform, announces the launch of its live music and voice experience, ‘Live Radio’. Developed in-house by Anghami, this is the first time that a streaming service globally is enabling users and contributors to create a social audio experience for sharing music, conversation and more.

Available on both iOS and Android, Live Radio offers a number of unique features. Any user, including artists, DJs, content creators and music influencers, will be able to talk alongside playing songs, playlists and podcasts from Anghami’s library of over 57 million tracks. It gives everyone the chance to participate in a real-time version of a podcast experience and, by creating their own virtual events, users will be able to bring together communities with live interaction. Other features include applauding the host, sending text comments, meeting other participants and side-chats.

Elie Habib, Co-founder and Chairman of Anghami, commented, “The social elements of music have always been part of our vision. In fact, ‘live radio rooms’ were part of our original business pitch in 2011, as we saw the opportunity for social audio features to take off. Having been integrating social features such as stories and chats since 2017, now we are leading the way in delivering the next level of social audio to our users and our contributors. With the pandemic keeping people at home and apart, the intimacy of voice and the need to be closer to others has become more valuable and we expect to see the social audio market realise significant growth.”

Anghami launched Live Radio in beta in mid-2020, featuring text chats and other functionality ahead of the full launch which now includes voice chat for the first time ever. Data from the beta-phase demonstrates the additional benefits for Anghami in terms of user engagement and retention. For example, active social users have a 30% higher retention rate and social users overall stream 33% more average daily seconds than a standard active user.

Elie Habib added, “Anghami has an established track record and user base which continues to help us build and leverage our wide range of consumer behavioral data to create local experiences. Our beta launch in mid-2020 displayed how focusing on creating communities and adding interaction has been our best strategic asset, boosting engagement and retention – and a tribute to the region and the music that brings it together.” 

What’s more, Live Radio continues to build on Anghami’s commitment to supporting new and established creative talent, with the forthcoming launch of Premium Live Radio and tokens providing the opportunity for artists and creators to introduce subscription-only channels and other revenue streams. 

Best known for legalizing the Arab music streaming market amid high levels of piracy, and working with local artists to monetize their work, Anghami has already found success through hosting several content creators and Arab artists such as Maya Diab, Now United and others, where users were able to talk to celebrities, artists and listeners and connect in innovative new ways. 

About Anghami

Anghami is the leading digital music entertainment technology platform in the Middle East and North Africa, with the largest catalog comprising of more than 57 million songs available for more than 70 million users. When it launched in 2012, Anghami was the first music-streaming platform in MENA. In digitizing the region’s music, it has become the best-known and best-loved brand in music streaming in MENA. Today, Anghami features licensed content from leading Arabic labels, independent artists and distributors. Anghami also features music from the major International labels such as Universal, Sony, Warner and is continuously licensing new content.Headquartered in Abu Dhabi, it has offices in Beirut, Dubai, Cairo and Riyadh and operates in 16 countries across MENA. It is the only service available in English, Arabic and French, and remains close to its customer base, not only thanks to its pan-regional presence but also via the 56 million user data points it generates every day. To learn more about Anghami, please visit www.anghami.com.

About Vistas Media Acquisition Company Inc.

VMAC is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities in the Global Media and Entertainment sector.

To learn more about Vistas Media Acquisition Company Inc., please visit https://vmac.media.

Contacts:

Investors:

F. Jacob Cherian, CEO
+1 212- 859-3525
[email protected]

Ashley DeSimone / Jake Pisano
[email protected] / [email protected]

Middle East Media:

ASDA’A BCW:
Dhanya Issac
Associate Director
Tel: +971 4 450 7600
Email: [email protected] 

US Media

Zeba Rashid, ICR
Email: [email protected]