Posts

Posted on

Enthusiast Gaming to Announce First Quarter Financial Results on May 12, 2021

TORONTO, May 04, 2021 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX) (TSX:EGLX) will report financial results for its first quarter ended March 31, 2021 on Wednesday, May 12, 2021, after the market close.

Management will host a conference call and webcast on May 12, 2021, at 5:00 p.m. EDT to review and discuss the first quarter 2021 results.

Conference call dial-in details:
North America (toll-free): +1 877-407-9039
International: +1 201-689-8470
Conference ID: 13718919

A live webcast can be accessed at https://www.enthusiastgaming.com/investors/.

If you are unable to join live, an archived recording of the webcast will be available on the investor relations section of the Enthusiast Gaming website.

About Enthusiast Gaming

Enthusiast Gaming is building the largest media platform for video game and esports fans to connect and engage worldwide. Combining the elements of its four core pillars; Media, Talent, Esports and Experiential, Enthusiast Gaming provides a unique opportunity and integrated approach to reach and connect with its coveted GenZ and Millennial audience. Through its proprietary mix of digital media and entertainment assets, Enthusiast Gaming has built a vast network of like-minded communities to deliver the ultimate fan experience.

Contacts

Investor Relations:
Eric Bernofsky, Chief Corporate Officer, Enthusiast Gaming
[email protected]   

Media Relations:
Carmela Antolino, Provident Communications
[email protected]
647-287-2286

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

This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that Enthusiast Gaming anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking statements in this news release include, but are not limited to, statements regarding: the filing of financial results and the hosting of a related conference call and webcast.

Forward-looking statements are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, expectations and assumptions concerning: interest and foreign exchange rates; capital efficiencies, cost saving and synergies; growth and growth rates; the success in the esports and media industry; and the Company’s growth plan. While Enthusiast Gaming considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on forward-looking statements. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; the timing and filing of the final base shelf prospectus and corresponding Registration Statement; the potential offering of any Securities by the Company; uncertainty with respect to the completion of any future offering; the ability to obtain applicable regulatory approvals for any contemplated offerings; the ability of the Company to negotiate and complete future funding transactions; adverse industry events; and future legislative, tax and regulatory developments. Readers are cautioned that the foregoing list is not exhaustive. For more information on the risk, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the public filings of Enthusiast Gaming which are available on SEDAR at www.sedar.com. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof, and thus are subject to change thereafter. Enthusiast Gaming disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.



Posted on

U.S. Global Investors Announces Third-Quarter Results Webcast

San Antonio, Texas, May 04, 2021 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (Nasdaq: GROW) will host a webcast on Monday, May 10, 2021, at 7:30 a.m. Central time to discuss the company’s results for the third quarter 2021.

Financial data for the quarter will be released prior to the webcast.

Frank Holmes, CEO and chief investment officer, will provide an update on the company’s profitability and strong performance of its investment products. Lisa Callicotte, chief financial officer, will give an overview of financial highlights for quarter ended March 31, 2021. Lastly, Holly Schoenfeldt, marketing and public relations manager, will detail the company’s media and marketing strategy.

Click here to register for the webcast.  

The results webcast will be pre-recorded the afternoon of May 6. Should you have any specific questions, please email those prior to this date to [email protected] and we will do our best to address them.

Visit www.usfunds.com for more information about U.S. Global Investors.

About U.S. Global Investors, Inc.

The story of U.S. Global Investors goes back more than 50 years when it began as an investment club. Today, U.S. Global Investors, Inc. (www.usfunds.com) is a registered investment adviser that focuses on niche markets around the world. Headquartered in San Antonio, Texas, the Company provides money management and other services to U.S. Global Investors Funds and U.S. Global ETFs.



Holly Schoenfeldt
U.S. Global Investors, Inc.
210.308.1268
[email protected]

Posted on

CMW Media Names Jon Lindsay Phillips Chief Growth Officer

San Diego-based integrated marcom agency specializing in emerging industries taps proven leader to scale global business divisions, expand existing practice areas

San Diego, CA, May 04, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — CMW Media, an award-winning fully integrated global marcom agency headquartered in San Diego, today named Jon Lindsay Phillips its Chief Growth Officer. Phillips, 41, boasts over twelve years’ demonstrated experience at the helm of dynamic communications agencies, and was most recently Chief Operating Officer of Manhattan’s RLM PR. At RLM he reimagined and scaled the global B2B technology, investor relations and 360 digital marketing teams, and launched content, fintech and healthtech leaders like Wondery, Nash and VIP Star Network, as well as alternative wellness standouts like Terrel Davis’ DEFY performance CBD brand.

As CGO at CMW, Phillips will place equal emphasis for near-term growth on each of CMW’s core business divisions, which include design, digital and investor relations teams in addition to its PR group with a dedicated specialty in new categories. Phillips brings mature, turn-key tactics and methodologies for servicing disruptive clients in some of the world’s most complex hyper growth spaces. His award-winning cannabis technology practice was recently recognized by Observer.com, and his campaigns in recent years have carefully shepherded many pre-product and pre-revenue startups through blockbuster launches to eventual IPO/acquisition.

CMW CEO Kyle Porter said, “It’s almost arresting what Jon has been able to do out of New York in recent years, building a personal brand of excellence in this business based on results, case studies and very happy clients. Anyone paying attention can see he has a singular talent for stacking rosters with global clients, leading rapidly erupting spaces, and assembling whip smart teams to service that business at the highest levels over the long haul. If in just the past three or four years you’ve been anywhere near a true crime or business podcast, a legal cannabis or CBD product, blockchain technology, or the latest viral enterprise-class AI tools – chances are good that Jon was involved. That’s the vision and leadership we’re betting on in this next all-critical phase of growth for CMW, and to say our team is excited is putting it lightly. Leaders like Jon are the bright present and future that this industry really needs – especially as we move to a post-COVID era.”

Phillips said, “On the heels of everything we’ve all just endured together and learned in the past year, it was very important to me that I joined a team looking to grow the right way, culturally. There’s a world in which we can delight the clients of our dreams with next-level outcomes and still enjoy coming to work every day. CMW gets that. I’m truly thrilled to be on board and predict big things ahead for this team.”

About CMW Media

CMW Media is a fast-growing, full-service public relations firm specializing in innovative businesses from a broad spectrum of industries. Based in San Diego, our clients range from publicly traded companies to those in emerging markets — including the global cannabis industry. We are award-winning industry leaders and producers whose inherent talent is capturing messages worldwide and educating the public. For more information, visit the Company’s website at www.CMWMedia.com or connect on social media: Facebook, Instagram, Twitter.

Business Inquiries 

[email protected]

858.264.6600

Attachment



Posted on

LaunchWorks Opens New Facility in Anjou Canada

New MDEL and FDA registered facility to support LaunchWorks’ diagnostics contract manufacturing growth and COVID-19 products

ANJOU, Quebec, May 04, 2021 (GLOBE NEWSWIRE) — LaunchWorks, a contract development and manufacturing organization (CDMO) serving the diagnostics industry, today announced the opening of a new facility in the Montreal borough of Anjou to support the company’s continued growth and support in providing products to fight COVID-19. The new facility is registered with the FDA and received a Medical Device Establishment License (“MDEL”) from Health Canada.

The MDEL is a license issued to companies for the activities of manufacturing, importing and distributing (selling) of class I medical devices for human use in Canada. LaunchWorks Canada is operating with ISO 13485 compliance to achieve certification this year.

“We are very excited about our new facility and obtaining our MDEL and FDA registration. This is a key milestone in our plan to expand our products and services to the U.S. and Canada,” says Celine Barakat, General Manager of LaunchWorks. “And we look forward to applying our extensive manufacturing and service expertise to assist the Canadian molecular diagnostic market.”

“This new MDEL licensed facility reinforces our commitment to continue to expand and support the needs of the diagnostic industry in Canada and beyond,” added CEO of Integreon Global, Maurice Barakat. “Along with our investments in automation and device manufacturing the LaunchWorks service suite is uniquely positioned to meet the challenge of helping companies translate their science into commercial products.”

Originally formed within Enzymatics in 2009 in Beverly, MA, LaunchWorks has evolved over the past 12 years to become an ISO 13485 certified company that is FDA Registered. Integreon Global acquired LaunchWorks in 2017, and has since worked to add new service offerings, including a filling automation program designed to help its customers be more competitive. A significant portion of the company’s recent efforts has revolved around the response to the COVID-19 crisis.

The Anjou location will provide LaunchWorks with both increased capacity and strategic alignment with the LaunchWorks business continuity strategy. The LaunchWorks Anjou location is co-located with sister company, Cryopak (www.cryopak.com), a leader in temperature control packaging and monitoring solutions.

About LaunchWorks

LaunchWorks is a winning team of innovative, experienced, and knowledgeable contract manufacturing experts with a track record of turning complex life science ideas into high-quality products on-time and on-budget. LaunchWorks is committed to accelerating life science product commercialization by optimizing every step of the manufacturing. For more information visit www.LaunchWorkscdmo.com

About Integreon Global

Founded in 1990, Integreon is a complete packaging solutions provider dedicated to providing goods and services to maintain the integrity of our clients’ products. Our team includes a full complement of engineers, designers, and manufacturing specialists with the collective skills, gathered in one close-knit organization, to assure easy access to leading experts. For more information visit www.integreonglobal.com



David Shultis
O (732) 346-9200 x141
C (508) 241-6002
[email protected]

Posted on

Konica Minolta Installs AccurioJet KM-1e and MGI JETvarnish 3D Web at Marathon Press

Printer Anticipates Significant Cost Savings, Marked Improvement in Productivity

Ramsey, NJ, May 04, 2021 (GLOBE NEWSWIRE) — Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a leader in industrial and commercial printing and packaging solutions, is pleased to announce the installation of its AccurioJet KM-1e LED UV Inkjet Press and MGI JETvarnish 3D Web Press at Marathon Press. Located in Norfolk, Nebraska, Marathon Press is a marketing services company positioned to help business grow business.

Marathon Press offers full-color digital printing, email marketing, graphic design, web to print online ordering, and specializes in printing yearbooks, children’s books, photo books and specialty  books. The company is also a wholesale outsource provider for other printing companies and online photo businesses. Its capabilities include high-speed hardcover book production, PUR perfect bound, layflat books, flush mount books,  albums, large format lamination, and with the addition of the Konica Minolta KM-1e and MGI JETvarnish3D, a vast array of press and finishing options.

After considering equipment from other manufacturers, Marathon Press chose the AccurioJet KM-1e for a multitude of reasons, including superior quality and the UV ink that does not require pre-treated paper to run jobs. The ability run a wider variety of substrates is a big plus for the printer to grow its business. Marathon Press also favored the no-click model, which lowers the cost per page on certain jobs.

“Marathon has a fleet of digital presses using the click model and limited substrate options. In an effort to add diversity, new capabilities, and ink cost savings, the KM1-e was an easy choice to add to our fleet,” said Max Alewel, Managing Partner at Marathon Press. “The KM1-e will add some new capabilities which will add significant value for our clients. From click charge to ink cost allows us to have better control of job costs. We’ve eliminated waste on paper because the 23×29 sheet size can utilize more of the paper and there is no need for it to be pre-treated.”

Overall, the company has experienced paper savings, cost per sheet and job, reduced outsourcing and improved uptime. The 23×29 sheet will give it more ups on a sheet, reducing waste while increasing output volume. Workflow efficiency has improved, resulting in faster turnarounds.

“Turnaround time is very important for us,” said Bruce Price, Managing Partner at Marathon Press. We have extremely time-sensitive jobs, and the uptime on the AccurioJet KM-1e is very good. The AccurioJet KM-1e will be running many of our jobs.”

Additionally, the purchase of the MGI JETvarnish 3D Web Press will provide Marathon Press with varnish and foil embellishment capabilities, yielding more capability and productivity.

“Konica Minolta is proud to partner with Marathon Press, the premier print provider in the Omaha, Nebraska area. The KM-1e will give their customers the highest photo quality output in the marketplace,” said Bill Troxil, Senior Vice President, Strategic Business Development, Konica Minolta. “Marathon’s shift from traditional toner-based techno oldies will provide the competitive advantage needed to grow their business. We welcome them to the Konica Minolta family.”

The Konica Minolta AccurioJet KM-1e is a 29-inch sheet-fed UV inkjet press. The KM-1e can produce up to 3,000 sheets per hour on a wide range of paper thickness, from 0.06 to 0.6mm. The press prints on various media, including clear film, metallic media, canvas and embossed paper. The MGI JETvarnish 3D Web Press delivers exceptional value to the industry by allowing printers to go digital for spot UV coating and embossed hot foiling without dies, screens or expensive tooling. The 100% digital process dramatically reduces make-ready times, eliminates waste and offers true variable data enhancement with a personalized foil option.

Learn more online about Konica Minolta’s AccurioJet KM-1e and MGI JETvarnish 3D Web.

About Konica Minolta

Konica Minolta Business Solutions U.S.A., Inc. is a leader in industrial and commercial printing and packaging solutions. With a comprehensive portfolio of production print offerings, it delivers the latest innovations in printing, applications and expertise. Its All Covered IT Services division offers a range of IT strategy, support, and network security solutions across all verticals. Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for fourteen consecutive and received Keypoint Intelligence’s BLI 2021 A3 Line of The Year Award and BLI 2021-2023 Most Color Consistent A3 Brand Award for its bizhub i-Series.  Konica Minolta, Inc. has been named to the Dow Jones Sustainability World Index for nine years in a row. Konica Minolta partners with its customers to give shape to ideas and works to bring value to our society. For more information, please visit us online and follow Konica Minolta on Facebook, YouTube, LinkedIn and Twitter.

 

# # # # #

Attachments 



Maggie Grande
Konica Minolta Business Solutions U.S.A., Inc.
1-551-500-2659
[email protected]

Posted on

Home Financial Bancorp Announces Third Quarter Results

Home Financial Bancorp Announces Third Quarter Results

SPENCER, Ind.–(BUSINESS WIRE)–
Home Financial Bancorp (“Company”) (OTCPink: “HWEN”), an Indiana corporation which is the holding company for Our Community Bank, (“Bank”) based in Spencer, Indiana, announces results for the third quarter and nine months ended March 31, 2021.

Third Quarter Highlights:

  • Net interest income decreased 4% or $28,000;
  • Non-interest income increased 24% or $30,000;
  • Legal and professional fees increased 93% or $70,000;
  • Net income fell 34%, from $52,000 to $34,000;
  • Excluding acquisition transaction related professional fees, net income increased $65,000 to $117,000.

Nine Month Highlights:

  • Total shareholders’ equity totaled $8.1 million or 11% of assets;
  • Net interest income decreased 4%, or $87,000;
  • Non-interest income increased 13% or $51,000;
  • Net loss totaled $712,000, compared to $267,000 net income for the same period a year earlier;
  • Excluding effects of benefit plan withdrawal expenses and extraordinary professional fees, net income increased $26,000 or 10%, to $293,000.

For the quarter ended March 31, 2021, the Company reported net income of $34,000 or $.03 basic and diluted earnings per share. For the same period last year, the Company reported net income of $52,000 or $.04 per share. Net income fell, compared to third quarter 2020 results, due to an increase in professional fees incurred by the company related to the acquisition of its Bank subsidiary by Crane Credit Union (CCU), which was announced on August 19, 2020. Eliminating the impact of these professional fees associated with the acquisition transaction, net income from normal operations for the quarter was $117,000, or $.10 basic and diluted earnings per share.

Total interest income decreased $99,000, or 12%, to $730,000, while interest expense decreased $71,000 or 41%, to $102,000 during the quarter ended March 31, 2021, compared to the quarter ended March 31, 2020. As a result, net interest income decreased $28,000, or 4%, for the three months ended March 31, 2021.

Loan loss provisions for third quarter 2021 were $10,000, compared to $15,000 for the same period a year earlier. A regular assessment of loan loss allowance adequacy indicated that these provisions were necessary to maintain an appropriate allowance level. Changes in volume, composition, and quality of the loan portfolio, as well as actual loan loss experience, will influence the need for future loss provisions.

Third quarter 2021 non-interest income totaled $154,000 compared to $124,000 a year earlier. Contributing to this increase, $17,000 gain on sale of investment securities and $11,000 gain on sale of ownership units in the Title Center of Indiana was recognized during the quarter. Non-interest expense for the quarter ended March 31, 2021 rose $24,000, or 4% to $748,000, compared to $724,000 for the same period a year earlier. This change primarily resulted from a sharp increase in legal and professional fees. Legal and professional fees incurred during the quarter as part of preparation for the acquisition transaction mentioned above totaled $100,000. A $31,000, or 9% decrease in salaries and employee benefits, plus decreased expenses in assorted other areas, combined to reduce the overall rise in non-interest expense compared the same period a year earlier.

For the nine-month period ended March 31, 2021, the Company reported net loss of $712,000 or ($.62) earnings per share. Net income was $267,000 or $.23 earnings per share for the year-earlier period. Operations for the nine months ended March 31, 2021 resulted in a net loss due to extraordinary expenses incurred in connection with the announced sale of Our Community Bank to CCU. During the quarter-ended December 31, 2020, the Bank made a one-time payment of $1.1 million to withdrawal from a defined employee benefit plan and transfer the plan to an insurance company to provide annuity contracts for individual plan participants. Excluding the impact of the pension plan withdrawal expense and professional fees related to the Bank sale transaction, net income was $293,000 or $.25 basic and diluted earnings per share for the nine-month period ended March 31, 2021.

Total interest income decreased $278,000, or 11%. Interest expense decreased $191,000 or 36%. Consequently, net interest income before provisions for loan losses decreased $87,000 or 4%, compared to the same period in 2020.

For the nine-month period ended March 31, 2021, loan loss provisions were $35,000, compared to $45,000 recorded for the nine-month period ended March 31, 2020. Loan loss provisions reflect management’s assessment of various risk factors including, but not limited to, the level and trend of loan delinquencies and losses.

Total non-interest income increased $51,000, or 13%. Gain on sale of available for sale securities totaled $42,000, compared to $4,000 for the same period a year earlier. Also contributing to higher non-interest income, sale of low-income tax credits and ownership units in the Title Center of Indiana generated gain of $17,000. Offsetting some of this change, service charges on deposit accounts decreased $37,000, or 20%, compared to the year-earlier period.

Total non-interest expense increased $1.3 million, or 61%, compared to the same nine-month period during the prior year. This increase was the result of a withdrawal payment of $1.1 million during the December 31, 2020 quarter to transfer a defined benefit plan obligation from the Bank to individual annuity contracts provided by a selected insurance company. Contributing to the overall increase in non-interest expense, legal and professional fees increased to $473,000, compared to $226,000 for the same period last year. During the first nine months of fiscal 2021, $289,000 was expensed for legal and consulting services specifically tied to a definitive purchase and assumption agreement by and between the Bank, the Company, and CCU.

As of March 31, 2021, total assets were $75.0 million, compared to $73.9 million at June 30, 2020; the end of the prior fiscal year. Cash and interest-bearing deposits totaled $16.4 million at March 31, 2021. Investment securities available for sale decreased $500,000, or 8%, to $5.5 million at March 31, 2021. Total loans decreased $4.0 million, or 8%, to $48.4 million, from $52.4 million at June 30, 2020.

Non-performing loans decreased 41% and totaled $232,000, or 0.5% of total loans at March 31, 2021. At June 30, 2020, non-performing loans were $396,000, or 0.8% of total loans. Total non-performing assets were $247,000, or 0.3% of total assets at March 31, 2021, compared to $410,000, or 0.6% of total assets at June 30, 2020. Non-performing assets included $14,000 in Other Real Estate Owned (“OREO”) and other repossessed properties at both March 31, 2021 and June 30, 2020.

The balance of the loan loss allowance increased 4% to $542,000, or 1.12% of total loans at March 31, 2021, compared to $522,000, or 1.00% of total loans at June 30, 2020. Management considered the level of loan loss allowances at March 31, 2021 to be adequate to cover estimated losses inherent in the loan portfolio at that date.

Total deposits increased 6% to $59.1 million as of March 31, 2021, from $55.8 million nine months earlier. Total borrowings decreased $1.0 million, or 12%, to $7.5 million.

Shareholders’ equity was $8.2 million, or 10.9% of total assets at March 31, 2021, and $9.1 million, or 12.3% of total assets at June 30, 2020. Factors impacting shareholder equity during the first three quarters of fiscal 2021 included net income, three quarterly cash dividends totaling $.12 per share, and a change in unrealized gain on available for sale securities at June 30, 2020 of $43,000, to $8,000 at March 31, 2021. At March 31, 2020, the Company’s book value per share was $7.07 based on 1,155,594 shares outstanding. The last reported price per share as of March 31, 2021 was $10.50.

Home Financial Bancorp and Our Community Bank, an FDIC-insured, Indiana stock commercial bank, operate from headquarters in Spencer, Indiana, and a branch office in Cloverdale, Indiana. Additional information concerning Home Financial Bancorp and its subsidiaries is available at www.hfbancorp.com or www.ocbconnect.com.

 

HOME FINANCIAL BANCORP

Consolidated Financial Highlights

(Unaudited)

(Dollars in thousands, except per share and book value amounts)

 

FOR THREE MONTHS ENDED MARCH 31:

2021

2020

Net Interest Income

$629

 

$656

 

Provision for Loan Losses

10

 

15

 

Non-interest Income

154

 

124

 

Non-interest Expense

748

 

723

 

Income Tax

(9

)

(10

)

Net Income

34

 

52

 

 

 

 

Basic and Diluted Earnings Per Share:

$ .03

 

$.04

 

Average Shares Outstanding – Basic

1,155,594

 

1,155,594

 

Average Shares Outstanding – Diluted

1,155,594

 

1,155,594

 

 

 

 

FOR NINE MONTHS ENDED MARCH 31:

2021

2020

Net Interest Income

$1,915

 

$2,002

 

Provision for Loan Losses

35

 

45

 

Non-interest Income

461

 

410

 

Non-interest Expense

3,364

 

2,093

 

Income Tax

(311

)

7

 

Net Income

(712

)

267

 

 

 

 

Basic and Diluted Earnings Per Share:

($ .62

)

$ .23

 

Average Shares Outstanding – Basic

1,155,594

 

1,155,594

 

Average Shares Outstanding – Diluted

1,155,594

 

1,155,594

 

 

 

 

 

March 31,

June 30,

 

2021

2020

Total Assets

$74,964

 

$73,945

 

Total Loans

48,372

 

52,354

 

Allowance for Loan Losses

542

 

522

 

Total Deposits

59,116

 

55,815

 

Borrowings

7,500

 

8,500

 

Shareholders’ Equity

8,175

 

9,061

 

 

 

 

Non-Performing Assets

247

 

410

 

Non-Performing Loans

232

 

396

 

 

 

 

Non-Performing Assets to Total Assets

0.33

%

0.56

%

Non-Performing Loans to Total Loans

0.48

 

0.76

 

 

 

 

Book Value Per Share*

$7.07

 

$7.84

 

 

*Based on 1,155,594 shares at March 31, 2021 and at June 30, 2020.

 

Kurt D. Rosenberger

Phone: (812) 829-2095

KEYWORDS: Indiana United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Posted on

Parsons Awarded 2021 CSO50 Award for Internal Security Practices

CENTREVILLE, Va., May 04, 2021 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) received a 2021 CSO50 Award from IDG’s Chief Security Officer (CSO) for security projects and initiatives that demonstrate outstanding business value and thought leadership. Parsons is a global technology company whose commitment to information risk management and security extends from customer-focused solutions to internal best practices.

“We’re honored to be one of 50 global companies recognized for their excellence and leadership in cybersecurity,” said Tim Potier, chief information security officer for Parsons. “As the world becomes more digitally connected, it is critically important to have a proactive and comprehensive cybersecurity program, especially as it relates to protecting our people, processes, operations, and customers.”

The CSO50 Awards recognizes 50 organizations for security projects and initiatives that demonstrate outstanding business value and thought leadership. The awards are scored according to a uniform set of criteria by a panel of judges, including security leaders, industry experts, and academics.

“The disruptive events of 2020 – combined with sophisticated and far-reaching attacks like SolarWinds – brought new challenges and costs to organizations, their security leaders, and business outcomes,” said Amy Bennett, executive editor of CSO. “Our annual CSO50 Awards recognize security teams that bring innovation and thought leadership to solving for the many risks their organizations continue to face. This year’s class of CSO50 winners represent an elite group of risk and security thought leaders, and we are pleased to give them the recognition they deserve.”

Awards will be distributed at the CSO50 Conference on November 16-18, 2021.


About CSO

CSO is the premier content and community resource for security decision makers leading business risk management efforts within their organizations. For more than a decade, CSO’s award-winning website (CSOonline.com), executive conferences, strategic marketing services and research have equipped security decision makers to mitigate both IT and corporate/physical risk for their organizations and provided opportunities for security vendors looking to reach this audience.

To assist CSOs in educating their organizations’ employees on corporate and personal security practices, CSO also produces the quarterly newsletter Security Smart. CSO is published by IDG Communications, Inc. Company information is available at www.idg.com.


About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com, and follow us on LinkedInand Facebook to learn how we’re making an impact.

Media Contact:
Bryce McDevitt
+ 1 703.851.4425
[email protected]

Investor Relations Contact:
Dave Spille
+ 1 571.655.8264
[email protected]



Posted on

RAYL Innovations Successfully Completes Commercial Launch of RAYL.Apptive, A Superapp Redefining SME Productivity

VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — RAYL Innovations Inc. (“RAYL” or the “Company“) is pleased to announce that, following extensive development and exhaustive testing; with teams spanning 2 continents, including: Canada, the United States, the Dominican Republic, and India; the Company has successfully moved the RAYL.Apptive Super App to our production servers. Offering the full commercial launch of RAYL.Apptive, allows customers access to an integrated and interoperable portal containing dozens of everyday applications, all for CA$19.95 per month (including data storage quota1).

Nicholas Jeffery, CEO, commented “Have you ever stopped to count the number of monthly and annual SAAS solutions individuals and businesses are paying for? Subscriptions used to communicate and manage all of the internal and external stakeholders, including sales and marketing channels – it’s dozens, it’s probably costing businesses thousands of dollars a year. Well… that stops now. RAYL.Apptive is built by business owners, for business owners, offering a single source solution that we’re very proud to finally release on a commercial basis.”

RAYL.Apptive SAAS Solution:

RAYL.Apptive is a cloud-based, open-source software as a service, hosted in Canada. It is a secure application portal hosting dozens of integrated operational, sales, commercial, and marketing applications (see Figure 1). The applications leverage cloud productivity, helping businesses of all sizes save time, money, and freeing-up valued resources. RAYL.Apptive has been designed to help meet an organization’s needs for robust security, reliability, resiliency, and user productivity. All for a single monthly fee1.

A unique feature of RAYL.Apptive: All the individual toolsets are interoperable, accessed via single login, with a common backend dataset allowing access to one profile across all applications such as customer, vendor, employee profiles. As a result, anything created in one application is simply dragged and dropped into a complimentary data set, for example, from product inventory, pricing tools, to pop-up shops and onto the final invoice.

Figure 1: RAYL.Apptive Module and Feature Detail is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4ec2555d-ed32-460e-8bae-67a7a16ce420

Mr. Jeffery additionally commented: “RAYL.Apptive is designed to seamlessly integrate with our near-term plans for: RAYL.Pay, our fully developed merchant payment platform; and RAYL.Financial, a challenger bank application stage strategy, both currently in process. The roll-out of our suite of services is perfectly timed, now more than ever, when businesses need innovative productivity enhancements, and overhead reduction, as they focus on post-COVID recovery.”

  1. RAYL.Apptive monthly fee includes a set data storage limit.
    Additional data is available on an incremental fee for usage basis.

About RAYL Innovations Inc.

RAYL Innovations Inc. (“RAYL”) is a Canadian, Vancouver-based, FinTech company founded in 2020. Offering integrated payment processing and business application solutions for SME business owners and merchants. While our direct competitors only offer payment services, RAYL adds tremendous value by integrating key business critical solutions, financial services, and data analytics, with a unique pricing strategy all on one integrated and interoperable platform.

For further information on the Company, its management team, RAYL.Apptive, RAYL.Pay, and RAYL.Financial, please visit our website at rayl.com.

ON BEHALF OF THE BOARD
“Jeremy Wright, CPA, CMA”
Director

For Further Information Contact:
Jeremy Wright, CPA, CMA, Director
(604) 837-7990
[email protected]

Unless otherwise denoted, all currencies in Canadian Dollars.

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.

Statements regarding the Company which are not historical facts are “forward-looking statements” that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) ability to complete the Transaction and the financings; (ii) a change in market conditions; and (iii) the fact that the Company has limited or no operating experience, and future operational results may not be accurately predicted based on this limited information to date. Except as required by law, the Company does not intend to update any changes to such statements.



Posted on

Tick Related Inquiries and Lyme Disease on the Rise in Canada

TORONTO, May 04, 2021 (GLOBE NEWSWIRE) — With summer fast approaching and people spending more time outside amid the COVID-19 pandemic, Abell Pest Control sees an increase in tick activity across the country and the potential for an increase in the spread of Lyme disease. 

“We are seeing a record number of tick inquiries coming into Abell over the past year,” said John Abell, President, Abell Pest Control. “The number of tick calls has increased by more than 1000% and we want people to take extra precautions in parks and wooded areas to protect themselves from ticks and reduce the transmission of Lyme disease.” 

May is Lyme Disease Awareness month in Canada. Lyme disease is spread through the bite of infected ticks and is becoming more common in Canada. Since 2009, reported cases of Lyme disease in Canada have increased 14-fold according to the Public Health Agency of Canada. Several provinces are considered hotspots including Ontario, Quebec, and Nova Scotia.

“The best prognosis for Lyme disease is achieved when it is diagnosed and treated early, but many people don’t recall a tick bite and may be unaware of their risk. Prevention is the best strategy to avoid Lyme and its potentially serious complications, including those affecting the heart and nervous system.” Dr. Melanie Wills, Director, G. Magnotta Lyme Disease Research Lab, University of Guelph. 
Lyme Disease Statistics

Lyme is the most prevalent vector-borne infection in the northern hemisphere

  • Ticks carrying the Lyme bacteria can live in urbanized landscapes including parks, playgrounds, and residential areas
  • Lyme can initially present like flu with headache, joint and muscle pain 
  • Only an estimated 9% of people develop a classic “bull’s eye” rash at the tick bite site

While tick populations tend to gravitate to wooded or bushy areas with tall grasses, they are also found around homes in shrubs or leaf piles around the house and parks and trails.  

Reduce your chance of being bitten by wearing protective clothing to prevent ticks from attaching to your skin. Wear closed-toed shoes, long sleeve shirts that fit tightly around the wrist, and long-legged pants tucked into your socks or boots. When out hiking or walking, try and stay in the centre of the trail. Wear light-coloured clothes to make spotting ticks easier. Always use insect repellents containing DEET or Icaridin on your skin and clothing, And when you return home put clothes immediately in the dryer on high heat to help kill any ticks that may remain.

The G. Magnotta Lyme Disease Research Lab brings together leading scientists with the goal of combating Lyme and related diseases. Abell Pest Control has established a scholarship in Lyme Disease research. For more information on their work, or to donate, visit: gmagnottafoundation.com.

Abell Pest Control is a North American leader in pest control, hygiene, and disinfection services offering businesses and homeowners effective, safe and dependable services since 1924. To learn more about Abell visit: www.abellpestcontrol.com.

For more information contact:
Eliana Pasquariello, Abell Pest Control, [email protected]



Posted on

UPL Signs a Multi-Year Agreement with the Soil Health Institute to Drive Innovation in Agriculture.

UPL Signs a Multi-Year Agreement with the Soil Health Institute to Drive Innovation in Agriculture.

Partners to provide the right solutions for farmers to enhance soil health.

DURHAM, N.C.–(BUSINESS WIRE)–
Today, UPL Ltd. is proud to announce a two-year agreement with the Soil Health Institute (SHI), a non-profit organization whose mission is to safeguard and enhance the vitality and productivity of soil through scientific research and advancement. With this collaboration, SHI will evaluate the soil health at selected UPL research and development field stations around the world (including UPL’s OpenAg Farm in Brazil), provide soil health training for UPL field agronomists, and help establish R&D protocols for evaluating the impacts of management practices on soil health.

Soil is the basis of our world’s agroecosystems that provide food, feed, fiber and fuel. By 2050, the world will be challenged to feed 9 billion people while also managing limited natural resources and the impact of climate change. UPL, with its mission to make every food product more sustainable, collaborates with partners, farmers, and key stakeholders to meet the future demand of agriculture, and improving soil heath will be essential to achieving that goal.

Farmers adopting regenerative soil health systems can help our nations grow food for an expanding population, mitigate and adapt to climate change, improve water quality, and increase biodiversity. The partnership with SHI will advance understanding of the most beneficial and scalable regenerative practices agriculture can employ to meet the challenges of tomorrow, while at the same time, improving productivity and farmer livelihoods.

“Our collaboration with SHI is a step towards understanding our soil in a much deeper way to provide the right solutions for farmers to enhance soil health, a key element for sustainable agriculture,” said Adrian Percy, Chief Technology Officer, UPL. “It exemplifies our belief in activating connections across the world’s agriculture system and ​powering new levels of sustainable growth, in line with our OpenAg™ purpose, an agriculture network that feeds sustainable growth for all. No limits, no borders.”

“Our research and training programs are focused to provide useful outcomes for farmers, the environment, and society,” said Dr. Wayne Honeycutt, CEO of the Soil Health Institute. “So far, most of our work has been in North America. This collaboration with UPL will allow us to further explore and translate soil health science into actionable management practices in other regions of the world, too,” said Honeycutt.

ABOUT UPL

UPL Ltd. (NSE: UPL & BSE: 512070) is a global provider of sustainable agriculture products & solutions, with annual revenue exceeding $5 billion. We are a purpose-led company. Through OpenAg, UPL is focused on facilitating progress for the entire agricultural value chain. We are building a network that redefines the way an entire industry thinks and works – open to fresh ideas, innovative ways and new answers as we strive towards our mission to make each food product more sustainable. As one of the largest agriculture solutions companies worldwide, our robust portfolio consists of biologicals and traditional crop protection solutions with over 13,600 registrations. We are present in over 130 countries, represented by more than 10,000 colleagues globally.

ABOUT SOIL HEALTH INSTITUTE

The Soil Health Institute is a global non-profit with a mission to safeguard and enhance the vitality and productivity of soil through scientific research and advancement. We bring together leaders in soil health science and the industry to help farmers, ranchers, and landowners adopt soil health systems that build drought resilience, stabilize yield, and benefit their bottom line.

Investor Relations Contact:

Radhika Arora

Head of Investor Relations

UPL Ltd.

[email protected]

KEYWORDS: United States North America North Carolina

INDUSTRY KEYWORDS: Environment Agriculture Natural Resources Other Science Research Science

MEDIA:

Logo
Logo