Ocean Power Technologies Taps SeaTrepid International for First Remote OPT PowerBuoy® Deployment

Turnkey Installation of OPT PowerBuoy® Solution in Chile

MONROE TOWNSHIP, N.J., Dec. 07, 2020 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced it has contracted SeaTrepid International, LLC to deploy a turnkey PB3 PowerBuoy® and oceanographic monitoring system off the coast of Chile. Using remote collaboration tools, the Louisiana-based company’s personnel are virtually training on technical procedures and installation requirements with the OPT project engineering team to advance a planned December deployment.

“The global pandemic has caused us to rethink our approach to deployments in distant locations by using remote collaboration tools,” said George H. Kirby, President and Chief Executive Officer of OPT. “Remotely managed system deployments and recoveries that leverage local contractors and dovetail with existing marine operations can reduce cost and increase flexibility for our customers. SeaTrepid’s reputation for safe execution of complex marine operations gives us great confidence that our first remotely managed deployment will be successful.”

“We are extremely pleased to be working with the innovative professionals at OPT,” said Bob Christ, Chief Executive Officer of SeaTrepid. “OPT’s cutting edge technology blends well with our offshore operations approach of combining unmanned systems, remote sensing, and applied technical solutions in order to further our knowledgebase of the world’s ocean environment.”

This first-ever third-party installation of a PowerBuoy® solution without the hands-on participation of OPT personnel comes due to circumstances created by the global coronavirus pandemic. International travel restrictions and COVID-19 concerns delayed deployment initially planned for earlier this year. SeaTrepid is an experienced marine operations company with a suitable vessel and experienced crew working in the region.

The system will be deployed off the coast of Las Cruces as an autonomous offshore platform powering a suite of oceanographic sensors and transmitting real-time data back to land. OPT shipped a PB3 PowerBuoy® and several components to Chile this past spring.

As the balance of the equipment arrives in Chile, OPT project engineers are supplying detailed procedures and documentation and will use remote collaboration tools to guide local contractors through system assembly. OPT will conduct full remote testing from its New Jersey operations base. SeaTrepid personnel and OPT project engineers will be in open contact using remote collaboration tools throughout the operation to ensure a smooth deployment.

About SeaTrepid

SeaTrepid International, LLC is an applied robotic solutions provider offering support for commercial, public safety, municipal, military and scientific applications. SeaTrepid owns and operates a variety of robotic equipment and sensor suites for both inland and offshore customers worldwide. To learn more, visit www.seatrepid.com.

About Ocean Power Technologies

Headquartered in Monroe Township, New Jersey, OPT aspires to transform the world through durable, innovative, and cost-effective ocean energy solutions. Its PowerBuoy® solutions platform provides clean and reliable electric power and real-time data communications for remote offshore and subsea applications in markets such as offshore oil and gas, defense and security, science and research, and communications. To learn more, visit www.oceanpowertechnologies.com.

Forward-Looking Statements

This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as “may”, “will”, “aim”, “will likely result”, “believe”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”, “project”, “should”, “will pursue” and similar expressions or variations of such expressions. These forward-looking statements reflect the Company’s current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company’s most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.



Contact Information
Investors: 609-730-0400 x401 or [email protected] 
Media: 609-730-0400 x402 or [email protected]

Bragg Gaming’s ORYX Gaming strikes multi-jurisdictional distribution deal with Paf

TORONTO, Dec. 07, 2020 (GLOBE NEWSWIRE) — ORYX Gaming, a Bragg Gaming Group company (TSXV: BRAG, OTC:BRGGF), has signed a deal with international operator Paf to provide its exclusive RGS content across several regulated markets and brands.

The Nordic-based operator will soon have access to premium content from ORYX’s RGS partners, including GAMOMAT, Kalamba Games, Givme Games, Golden Hero, CandleBets, Peter & Sons and Arcadem, as well as other third party content, via ORYX Hub. 

ORYX’s content will be made available on Paf’s online casinos in Sweden, Estonia, Spain, Latvia and in their home market, significantly expanding ORYX’s reach across several key markets. As well as being offered on the operator’s Paf branded sites, ORYX’s content will also be integrated with sites operated by Mandalorian Technologies, a company that Paf acquired earlier this year. Brands include No Account Casino, No Account Bet and Prank Casino, which operate in Sweden. 

ORYX’s RGS offering has significantly expanded during 2020, with several new studio partners being added, and provides a wide diversity of content that appeals to a wide audience of players. 

Paf is licenced and controlled by the local government on the Åland Islands, Finland and the company holds licences in Sweden, Estonia, Spain and Latvia. Paf is a leader in responsible gaming and in 2018 became the first international operator to introduce a mandatory loss limit for its customers. Turnover for the Paf Group in 2019 amounted to €114.2 million and the operator was named Sweden’s most sustainable gaming company at the annual Swedish Gambling Awards earlier this year. Paf’s generated profits are used to benefit the society every year. 

ORYX is licensed by the Malta Gaming Authority (MGA) and the Romanian National Gambling Office (ONJN) and is compliant, certified or approved in 18 other major jurisdictions.

“Paf is an established operator in the industry and is well-known for its work around social responsibility and safe play, something that we at ORYX strongly support and encourage,” said Matevz Mazij, Managing Director of ORYX Gaming. “With a significant presence in several countries across Europe, this deal will see us greatly expand  the reach of our content and we look forward to introducing our games to their wide base of players.”

“Through this partnership with ORYX we will gain access to a huge range of games from well-established suppliers as well as up-and-coming slot studios that all bring something unique to the market,” said Kim Johansson, Chief Gaming Officer. “The partnership will significantly strengthen our total offering on all our markets.”

About ORYX Gaming

ORYX Gaming, a wholly owned subsidiary of Bragg Gaming Group, is a B2B gaming solution provider. Leveraging their industry-leading technology, ORYX offers a turnkey solution, including an omni-channel retail, online and mobile iGaming platform, marketing and operational services, as well as ORYX Hub, an advanced content aggregator, product integration and marketing platform for casino, sportsbook and lottery verticals.

Renowned for its rapid and seamless integration, ORYX Hub combines casino, slots, live dealer, lottery, virtual sports and instant win game content from top tier gaming content providers, along with proprietary content, and is fully compliant with major regulated jurisdictions, allowing operators to access over 10,000 world-class games through a single account. ORYX is a member of Bragg Gaming Group (TSXV: BRAG, OTC:BRGGF), a global next-generation gaming group.

For Bragg Gaming Group, contact:

Yaniv Spielberg, CSO, Bragg Gaming Group Inc.
+1-647-800-2282
[email protected]

For media enquiries or interviews, please contact:

Lina Sennevall, Square in the Air
[email protected]

For US investor inquiries, please contact:

Laine Yonker, Edison Group
+1-646-653-7035
[email protected]



Agenda: Sobi Capital Markets Day 2020

PR Newswire

STOCKHOLM, Dec. 7, 2020 /PRNewswire/ — Swedish Orphan Biovitrum AB (publ) (Sobi™) (STO:SOBI) is pleased to invite analysts, investors and media to its Virtual Capital Markets Day on 10 December 2020 at 13:00-16:00 CET.

Presentations will be given by CEO Guido Oelkers, Head of R&D and Chief Medical Officer Ravi Rao, Head of Immunology & International Norbert Oppitz, and CFO Henrik Stenqvist. 

Agenda in brief:

  • Strategy and realising opportunities      Guido Oelkers
  • Innovation management at Sobi            Ravi Rao
  • Internationalisation strategy                   Norbert Oppitz
  • Financial update                                     Henrik Stenqvist
  • Wrap-up and live Q&A                           Guido Oelkers

The event will start at 13:00 and will be broadcast live.

The live webcast can be followed on: Sobi Capital Markets Day 2020

A Q&A session will follow the presentations.

Dial-in details for the conference call are:

Sweden (Sverige): +46 8 505 583 74 
United Kingdom: +44 333 300 9272
United States: +1 844 625 1570

Please visit sobi.com for more information. 
Recordings of the presentations, and the presentations themselves, will be made available on the website, in the Investors section.

About Sobi

Sobi is a specialised international biopharmaceutical company transforming the lives of people with rare diseases. Sobi is providing sustainable access to innovative therapies in the areas of haematology, immunology and specialty indications. Today, Sobi employs approximately 1,500 people across Europe, North America, the Middle East, Russia and North Africa. In 2019, Sobi’s revenue amounted to SEK 14.2 billion. Sobi’s share (STO: SOBI) is listed on Nasdaq Stockholm. You can find more information about Sobi at www.sobi.com.

Contact

Paula Treutiger, Head of Communication & Investor Relations
+ 46 733 666 599
[email protected]

 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/swedish-orphan-biovitrum-ab/r/agenda–sobi-capital-markets-day-2020,c3250184

The following files are available for download:


https://mb.cision.com/Main/14266/3250184/1345061.pdf

Agenda: Sobi Capital Markets Day 2020

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SOURCE Swedish Orphan Biovitrum AB

CBAK Energy Joined Hands with LEAD to develop Smart Lithium Battery Automatic Production Line

PR Newswire

DALIAN, China, Dec. 7, 2020 /PRNewswire/ — CBAK Energy Technology, Inc. (“CBAK Energy”, or the “Company”, NASDAQ: CBAT), a leading lithium-ion battery manufacturer and electric energy solution provider, announced that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD (“DalianCBAK”) signed a joint development agreement with Wuxi Lead Intelligent Equipment Co., Ltd.(“LEAD”). The two parties plan to jointly design and develop the automatic production line for manufacturing tab-less power lithium batteries with high efficiency, high stability and high intelligence. The main models of products that are expected to be manufactured on this line are 4680, 46105, 32140, 34154, 34184 and 34200.

According to the agreement, CBAK energy will prioritize LEAD’s automatic production line to manufacture the above new power lithium-ion batteries. The production line would support CBAK’s 6 GWh capacity factory in Nanjing, which produces power lithium-ion batteries with high-performance, high-safety and high energy density. After all production lines reach the production capacity, we expect that the output value of RMB 4 billion (approximately $600 million) will be achieved.

According to the news released by the Company in September, CBAK Energy has already successfully developed the large-sized tab-less battery: model 32140, and achieved the capability of massive production. The agreement with LEAD indicates that CBAK Energy is actively deploying a standard production line for this model. Large-sized 32140 battery is an important model developed by CBAK Energy in recent years. Compared to previous model 26650, the capacity of model 32140 has increased by 5 times, energy density has grown by 25%, cost per kilowatt hour has dropped by 20%. Under model 32140, we intend to release ternary, lithium iron phosphate and lithium manganate system products at the same time to fulfill the need of different market segments.

The cooperation of the two parties is based on CBAK Energy’s years of experience in lithium-ion battery technology development, combined with the LEAD’s advantage in high-tech power lithium-ion battery manufacturing equipment design and development. The cooperation of the two parties will promote the market-based application of large-sized lithium-ion battery products and provide safer and more consistent electricity power products.

About CBAK Energy

CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise engaged in the R&D, manufacture, and sales of high power lithium batteries. The application of its products and solutions covers such areas as electric vehicles, light electric vehicles, electric tools, transportation and energy storage. As the first lithium battery manufacturer in Chinalisted on NASDAQ in January 2006, CBAK Energy possesses China’s first production base specially engaged in power battery, and has multiple operating subsidiaries in both Dalian and Nanjing and a large-scale R&D and production base in Dalian.

For more information, please visit www.cbak.com.cn.

About LEAD

Wuxi Lead Intelligent Equipment Co., Ltd., established in 2002, has become the world’s leading manufacturer of new energy equipment. LEAD mainly focus on seven industry, including Lithium-ion battery, Photovoltaic, 3C, warehouse & logistics system, automobile,fuel cell and Laser. Currently, LEAD has 300,000+ square meters for manufacturing and R&D, 7500+ employees, including 1,600+ R&D engineers.

Safe Harbor Statement

This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All “forward-looking statements” relating to the business of CBAK Energy Technology, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “believes”, “expects” or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ materially. These factors include but are not limited to: the ability of the Company to meet its contract or agreement obligations; the uncertain market for the Company’s lithium battery cells; business, macroeconomic, technological, regulatory, or other factors affecting the profitability of battery cells designed for energy storage; and risks related to CBAK Energy’s business and risks related to operating in China. Please refer to CBAK Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as well as other SEC reports that have been filed since the date of such annual report, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. CBAK Energy’s actual results could differ materially from those contained in the forward-looking statements. CBAK Energy undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release unless expressly requested by applicable law.

 

Cision View original content:http://www.prnewswire.com/news-releases/cbak-energy-joined-hands-with-lead-to-develop-smart-lithium-battery-automatic-production-line-301187333.html

SOURCE CBAK Energy Technology, Inc.

Nasdaq, Inc. Announces Proposed Senior Notes Offering

NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) — Nasdaq, Inc. (the “Company”) (Nasdaq: NDAQ) today announced that it plans to offer, subject to market and other conditions, senior notes (the “Offering”). The Company expects to use the net proceeds from the Offering, together with cash on hand and proceeds of other debt, to fund the cash consideration payable by the Company in connection with its pending acquisition of Verafin Holdings Inc. (“Verafin”), to repay certain outstanding indebtedness of Verafin and its subsidiaries and to pay related expenses, and for general corporate purposes.

J.P. Morgan Securities LLC, BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC will act as joint book-running managers for the Offering.

The Offering will be made pursuant to an effective shelf registration statement, previously filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”). Before investing, you should read the prospectus supplement and accompanying prospectus, as well as other documents the Company has filed with the SEC, for a more complete understanding of the Company and the Offering. These documents are available for free by visiting EDGAR on the SEC website at www.sec.gov.

Alternatively, copies may be obtained by contacting J.P. Morgan Securities LLC at 383 Madison Avenue, New York, NY 10179, Attention: Investment Grade Syndicate Desk – 3rd Floor. Telephone: (212) 834-4533; BofA Securities, Inc. at NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attn: Prospectus Department, Email: [email protected]; Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: (212) 902-9316 or by emailing [email protected]; or Morgan Stanley & Co. LLC at 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department, by telephone at (866) 718-1649 or by emailing [email protected].

This press release is for informational purposes only and shall not constitute an offer to sell or a solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. The Company cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. These statements include, but are not limited to, statements about the Offering, the Company’s plans, objectives, expectations and intentions and other statements that are not historical facts. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company’s control. These factors include, but are not limited to, the Company’s ability to implement its strategic initiatives and consummate the pending acquisition of Verafin, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, the potential impact of the COVID-19 pandemic on the Company’s business, operations, results of operations, financial condition, workforce or the operations or decisions of its customers, suppliers or business partners, and other factors detailed in the Company’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on the SEC’s website at www.sec.gov. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

ABOUT NASDAQ

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence.

MEDIA
RELATIONS CONTACT:

Allan Schoenberg
+1.212.231.5534
[email protected]

Will Briganti
+1.646.964.8169
[email protected]

INVESTOR RELATIONS CONTACT:

Ed Ditmire, CFA
+1.212.401.8737
[email protected]

-NDAQF-



Biofrontera enters into a license and supply agreement with Galenica AB for the marketing of Ameluz® in Scandinavia

Leverkusen, Germany, Dec. 07, 2020 (GLOBE NEWSWIRE) — Biofrontera Pharma GmbH, a wholly owned subsidiary of Biofrontera AG (NASDAQ: BFRA; Frankfurt Stock Exchange: B8F), and Galenica AB, Malmö, Sweden, today signed an exclusive license and supply agreement for the marketing of both Ameluz® and BF-RhodoLED® in Sweden, Norway, Denmark, Finland and Iceland.

According to the agreement, Galenica AB of Malmö, Sweden, receives exclusive distribution rights for the Nordic regions, whereby Biofrontera will supply Ameluz® to Galenica at a transfer price of 50% of the expected net revenues. Furthermore, Biofrontera will be responsible for the marketing authorization as well as manufacturing and quality control, while Galenica will handle all aspects of commercialization, local registration and reimbursement in the Scandinavian countries. Both companies will collaborate on regulatory compliance regarding drug safety (pharmacovigilance). After the amicable termination of the agreement between Biofrontera and the former distribution partner for some of these regions, Galenica is now working towards the reintroduction of the products in Denmark, Sweden and Norway and their initial launch in Finland and Iceland by the middle of next year. In addition, Galenica has a right of first refusal for commercialization in the Baltic States.

Ronnie Wallin, CEO of Galenica AB: “Due to the increasing number of cases as well as the growing attention, sun-induced skin cancers today are a major cause for visits to dermatologists. We are therefore very pleased to be able to offer this excellent drug for the treatment of actinic keratosis and basal cell carcinoma to dermatologists in our region.”

Prof. Dr. Hermann Lübbert, CEO of Biofrontera AG, commented: “Following the recent highly focused development and expansion of our own sales structures, and naturally the need to limit our efforts to selected countries, we are now particularly pleased to have a new strong partner on our side, who will again successfully commercialize Ameluz® in the Scandinavian countries.”
Galenica AB was established in 1999 at Medeon Science Park, Malmö, Sweden and is now, as a leading pharmaceutical company in Scandinavia, active in the development of new pharmaceutical products. Galenica AB has a successful track record in pharmaceutical development, from early stage formulation concepts all the way to products on the market. Galenica AB has two products on the market. Ovixan® is an improved prescription mometasone cream for the treatment of psoriasis and eczema, and Oviderm® is a moisturizer for the treatment of dry skin. With this deal, Galenica will add Ameluz® to its dermatology portfolio in the Nordics.

Background:
In 2011, the prescription drug Ameluz® received a centralized EU marketing authorization from the European Commission, which since then has repeatedly been expanded. Ameluz® is approved for use in photodynamic therapy (PDT) of mild to moderate actinic keratoses, field cancerization, and superficial and nodular basal cell carcinomas. Ameluz® is approved for the use in conventional PDT with a special red-light lamp as well as for daylight PDT. Ameluz® is the only PDT drug worldwide that is approved for the treatment of field cancerization, i.e. continuous surfaces with actinic keratoses and other sun damage, and is not restricted to the treatment of individual keratoses only.

-End-

For enquiries, please contact:

Biofrontera AG

Thomas Schaffer, Chief Financial Officer

 

+49 (0) 214 87 63 2 0

[email protected]

IR UK: Seton Services

Toni Vallen

 

+44 (0) 207 229 0805

About Biofrontera:

Biofrontera AG is a biopharmaceutical company specializing in the development and sale of dermatological drugs and medical cosmetics.

The Germany-based company, with over 150 employees worldwide, develops and markets innovative products for the care, protection and treatment of the skin. The company’s lead product is the combination of Ameluz®, a topical prescription drug, and medical device BF-RhodoLED® for the photodynamic therapy of certain superficial skin cancers and their precursors. Ameluz® has been marketed in the EU since 2012 and in the United States since May 2016. In addition, the company markets the prescription medication Xepi™ for the treatment of impetigo in the United States. In the EU, the company also sells the dermocosmetics series Belixos®, which offers specialized care for damaged or diseased skin.

Biofrontera is the first German founder-led pharmaceutical company to receive a centralized European and a US approval for a drug developed in-house. The Biofrontera Group was founded in 1997 by the current CEO Prof. Dr. Hermann Lübbert and is listed on the Frankfurt Stock Exchange (Prime Standard) and on the US NASDAQ.www.biofrontera.com.

Forward Looking Statements:

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the public offering and the intended use of proceeds from the offering. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate” and “intend,” among others. Such forward-looking statements are based on the currently held beliefs and assumptions of the management of Biofrontera AG, which are expressed in good faith and, in their opinion, reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of the Company, or industry results, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and other factors are set forth in the Registration Statement on Form F-1 filed with the SEC, including in the section “Risk Factors,” and in future reports filed with the SEC. Given these risks, uncertainties and other factors, prospective investors are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake an obligation to update or revise any forward-looking statement.



The ADVERTISTING CLUB of New York and The International ANDY Awards Announce PJ Pereira, Creative Chairman, Pereira O’Dell, as Jury Chairman

Additionally, The AD Club and ANDYs Launch Multi-Prong Initiative to Accelerate the Growth of a New Generation of Leaders

NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) — The ADVERTISING Club of New York’s International ANDY Awards, the first advertising award show of the season, has announced PJ Pereira, Creative Chairman and Co-Founder of Pereira & O’Dell as the new Jury Chair. PJ is set to serve in the role for two years and has served on the ANDY Awards Jury in past years, in addition to serving as a Cannes Lions jury president three times. This will be his first time leading the integrated ANDYs jury.

As a part of the AD Club’s continuous effort to drive diversity, the club will now be launching ‘Face The Future’, an initiative to propel a new generation of diverse leaders for the industry.

At a time when it’s become clear that a refresh is needed, The ANDYs is inviting the industry to set the bar higher, by implementing a creative mentorship program and creating more seats at the table inclusive of all backgrounds. The ANDYs organization believes that the future of this industry needs to focus and invest in its people, now more than ever – changing the way our industry is represented in a jury made of its leaders.

A creative mentorship program will match each juror with a recent college graduate. Each jury member will become a long-term mentor of someone from an underrepresented community. The mentees will be selected from the American Advertising Federation’s National Student Competition, City University of New York schools and Historically Black Colleges & Universities among other institutions. The selection of mentees will be led in partnership with CUNY Professor Rebecca Rivera, and Pereira O’Dell.

Beyond that, the ANDYs will also add five seats to the jury line-up, reserved for rising stars at the Associate Creative Director level or equivalent, also coming from underrepresented groups. Given the high caliber of judges at the ANDY’s, the chance these new judges will have to participate in these discussions will elevate their comprehension of the industry and at the same time, will allow the debate to include their fresh perspective.

“We are committed to building programs that create a culture of action. As we aim to identify the next generation of leaders that the industry needs, our goal is to leverage our world-class jury of creative leaders to guide these rising stars in their career path,” said Gina Grillo President and CEO of The ADVERTISING Club of New York and International ANDY Awards. “It’s a gift to have an individual like PJ Pereira, a Latino immigrant, but also a very experienced jury chair, as the ANDYs next leader and to be able collaborate with him. We’re excited to add ‘Face The Future’ to The Club’s roster of many initiatives in this space. It’s important that the industry understands that submitting work to the ANDYs is an investment in the future of the industry as we look to change the face of advertising. We need to help provide the next generation of leaders with the tools they need to change the industry for the better.”

“This year, with a pandemic, an awakening of social justice and the election, we wanted to be mindful about how we show up in the industry,” said PJ Pereira, Creative Chairman of Pereira O’Dell and ANDY’s Jury Chair. “Award shows can come across as self-serving and self-important, but they also matter for the careers of a lot of people whose only opportunity to grow are their ideas. So, we are using this platform to not only to promote these brave minds, but to also accelerate a more inclusive generation of leaders. Unless our industry, including its leadership, represents the population of this country, we will never be able to do the work that we need to do.”

Full 2021 jury to be announced soon.

About The International ANDY Awards

The International ANDY Awards, the first show of the year, celebrate the ideas, craft, innovation and brave thinking that pushes our industry forward. As one of the most sought-after awards for creative excellence in advertising for over 50 years, The ANDYs are a predictor and barometer of the industry’s best. Work created by agencies, production firms, brands, publishers, content studios, PR firms, individuals and students are currently being accepted. For more information visit: www.andyawards.com

About The ADVERTISING Club

The ADVERTISING Club of New York is a leading trade organization serving the advertising, media and marketing industries in the media capital of the world.  We offer access, thought leadership and programming that intends to educate, empower and celebrate our constituencies. The Club produces the International ANDY Awards to raise the bar on creativity and elevate the craft.  The ADVERTISING Club’s Foundation is dedicated to building a stronger talent pipeline representative of our diverse community. The ADVERTISING Club of New York is a Founding Member of Creative Spirit US.

Contact:

Jenna Depasquale
DiGennaro Communications
[email protected]



Merritt Properties Signs Over 100,000 SF of New Leases at Fully Occupied I-66 Business Park, Starts Two New Light Industrial Projects in Virginia

Manassas, Virginia, Dec. 07, 2020 (GLOBE NEWSWIRE) — Merritt Properties, a full-service commercial real estate development company with over 17 million square feet throughout Maryland, Virginia and North Carolina, has fully leased its I-66 Business Park, a six building, 596,900-square-foot development. The company has also purchased 6.7 acres in Ashburn for the construction of a 36,600-square-foot flex/light industrial building known as Ashbrook 10.

Merritt Properties acquired I-66 Business Park’s 46-acre parcel in 2015 and built and leased the park in less than three years.

The most recent deals at Merritt I-66 Business Park include a 70,000-square-foot lease to build a state-of-the-art manufacturing facility for Bettera Brands, a leading manufacturer of gummy, lozenge and soft-chew dietary supplements, and a 35,000-square-foot expansion for Able Moving and Storage, one of the park’s first tenants.

Located 28 miles west of Washington, DC, I-66 Business Park was Merritt’s first project in Prince William County. The development sits along Interstate 66 just east of the Prince William Parkway and the Route 234 Bypass.

“The lack of Class A, industrial product in Prince William County and a high demand for warehouse space propelled the project forward,” said Shaelyn Mullaney of Merritt’s leasing team. “The development was designed to not only fill a void in the market, but to accommodate bulk and mid-sized storage users and provide flexibility for growing businesses.”

Other tenants include: United Brokerage Packaging, Sunbelt Rentals, Carrier, Traffic Systems, Ace Moving and Storage, Rite Rug Company, SixFour3 Softball Training, Regal Moving Services, Structural Technologies, Moving and Storage Solutions, and Mi-Box, among others.

Based upon the success of I-66 Business Park, Merritt began searching for additional opportunities in Virginia and broke ground this fall on its first project in Stafford County, Merritt Business Park at Quantico Corporate Center. This development, which is adjacent to the Marine Corps Base, features two single-story, light industrial buildings that will total 171,000 square feet.

In addition, Merritt Properties purchased 6.7 acres in Ashburn for the construction of a 36,600-square-foot flex/light industrial building known as Ashbrook 10. This project is strategically located on Russell Branch Parkway near Route 7, adjacent to the One Loudoun business and residential center.

“Loudoun has witnessed significant population and business growth in recent years, and we are seeing the demand for light industrial among small- to medium-sized users continue to increase,” said Scott Longendyke of Merritt’s leasing team. “Within this market, there is a lack of Class A light industrial new construction, which makes this speculative development a desirable addition to the local area and to our existing Ashburn portfolio.”

Designed to capitalize on data center and infrastructure market drivers, Ashbrook 10 will cater to technology companies as well as affiliated industries, including government contractors, distribution centers, manufacturing, and service providers.

With Merritt’s Loudoun County industrial portfolio already 97% occupied, Ashbrook 10 will allow Merritt to continue to respond to high demand within the market. Ashbrook 10 will be located less than half a mile from the company’s Ashbrook Business Park, which includes two single-story flex buildings totaling 84,799 SF and three two-story Class A office buildings totaling 187,197 SF.

The new development will feature 20-foot clear height, storefront entries and rear drive-in doors. Construction will commence in spring 2021 and be managed by Merritt Construction Services, the construction division of Merritt Companies.

Pre-leasing is underway, and the building is scheduled to deliver in late 2021. With this project, Merritt’s Virginia footprint will reach 2.1 million square feet.

###


About Merritt Properties


Established in 1967, Merritt Properties owns the largest privately held commercial real estate portfolio in the region, with 17 million square feet of Class A office, flex, warehouse, industrial, retail and build-to-suit throughout Maryland, North Carolina and Virginia. Capabilities include leasing, property development and management, and financing. Merritt Properties is committed to “Creating Homes for Businesses” and providing the highest quality service to its customers. For more information, visit www.merrittproperties.com.


About Merritt Construction Services

Merritt has been providing site development, general construction, redevelopment and interior build-outs for over 50 years. Whether serving as a general contractor, construction manager or design-builder, Merritt Construction Services offers full-service construction capabilities through all phases of development, from feasibility to commissioning. Merritt’s highly skilled construction team has completed a comprehensive roster of customized projects, including corporate campuses, food processing facilities, LEED-certified green buildings, schools, manufacturing facilities and retail centers.  For more information, visit www.merrittconstruction.com.

 

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Noelle Hewitt
Merritt Properties
4105941552
[email protected]

Bright MLS President & CEO, Brian Donnellan, Recognized as a HousingWire 2020 Tech Trendsetter

ROCKVILLE, Md. and KING OF PRUSSIA, Pa., Dec. 07, 2020 (GLOBE NEWSWIRE) — Bright MLS, the leading multiple listing service (MLS) in the Mid-Atlantic US representing 95,000 real estate professionals in Delaware, Maryland, New Jersey, Pennsylvania, Virginia, Washington, D.C., and West Virginia, announced today that Brian Donnellan, President and CEO of Bright MLS, has been named to HousingWire’s 2020 Tech Trendsetter list.

The HousingWire Tech Trendsetters Award recognizes individuals in the housing industry who overcame incredible challenges while navigating the “new normal” as COVID-19 hit last spring. Donnellan was recognized alongside other industry leaders who worked to keep the housing market not only afloat, but flourishing during these challenging times. The award references steps Donnellan took to lead the Bright team through the challenges of COVID-19. In March 2020, as COVID-19 spread across the U.S. and stay-at-home orders began, Donnellan and his team took quick actions to launch the Bright Steps initiative to provide subscribers with technology, information, training and support during the pandemic.

“It’s an honor to be recognized by HousingWire as a 2020 Tech Trendsetter,” said Donnellan. “There is no doubt that this year has presented extraordinary challenges, but this recognition is a testament to the Bright MLS team and their commitment to our subscribers.”

“Our Tech Trendsetters award recognizes a group of leaders who were critical to the outstanding performance of housing and real estate during this pandemic, finding innovative solutions when everything changed on a dime,” said HousingWire Editor in Chief Sarah Wheeler. “We’re very proud to celebrate their achievements and honor the impact they’ve had at such a crucial time.”

In addition to Donnellan’s recognition as a HousingWire 2020 Tech Trendsetter, Donnellan was also previously recognized as a 2020 RIS Media Newsmaker, and was also listed on the Real Estate Almanac’s 2020 SP200 List presented by T3 Sixty, which ranks the industry’s most powerful and influential leaders and executives.

About Bright MLS 
The Bright MLS real estate service area spans 40,000 square miles throughout the Mid-Atlantic region, including Delaware, Maryland, New Jersey, Pennsylvania, Virginia, Washington, D.C., and West Virginia. As a leading Multiple Listing Service (MLS), Bright serves approximately 95,000 real estate professionals who in turn serve over 20 million consumers. For more information, please visit www.brightmls.com



CONTACT: 

Christy Reap 
202.309.9362 (C)
[email protected] 

Hanly Rogers
443.570.2983 (C)
[email protected] 

Fisker to Partner with Cox Automotive and Rivus for Delivery, Servicing, Fleet Management and Reselling Programs in the United Kingdom; London Confirmed as First UK Experience Center

Fisker to Partner with Cox Automotive and Rivus for Delivery, Servicing, Fleet Management and Reselling Programs in the United Kingdom; London Confirmed as First UK Experience Center

  • Cox Automotive U.K. and Rivus Fleet Solutions to provide total after-sales services across the U.K., consistent with the asset-light business model being deployed across the Fisker business
  • Fisker confirms it intends to enter the U.K. market in 2023, names London as the location for the country’s first consumer experience center – set to open in 2022

LOS ANGELES & LONDON–(BUSINESS WIRE)–
Fisker Inc. (NYSE: FSR) (“Fisker”) – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – today confirmed that it has signed agreements with Cox Automotive U.K. (“Cox”) and Rivus Fleet Solutions (“Rivus”) to provide a range of after-sales services for the U.K. market. Consistent with Fisker’s asset-light and digital-forward business model, Cox and Rivus will provide outsourced solutions covering various areas such as vehicle delivery, service / maintenance, fleet management, mobile fleet servicing, valuation, trade-in, refurbishment and remarketing.

“In creating Fisker as a company focused on both product and ownership experience breakthroughs, partnerships with the world’s leading service providers are an essential element to deliver that vision,” commented Fisker Chairman and Chief Executive Officer, Henrik Fisker. “With recent U.K. government announcements related to electric vehicles, we believe Fisker will be well placed and well timed to make significant progress in this important market, supported by Cox and Rivus as essential delivery partners.”

Fisker recently announced a strategic cooperation with Magna International supporting the co-development and manufacture of the all-electric Fisker Ocean SUV, projected to launch in Q4 2022. The Ocean will be assembled by Magna in Europe and is well-positioned to deliver class-leading range, functional interior space with third-row seating and overall vehicle performance.

Martin Forbes, president of Cox Automotive International, said, “Fisker will be an exciting addition to the U.K. market and will be able to take advantage of the full range of physical and digital services we have to support vehicle manufacturers. Our aim is to provide customers with the solutions needed to adapt to this fast-changing marketplace and, following the acquisition of CWL Limited this year, we have been investing heavily in our vehicle services and EV infrastructure to meet the expected growth in EV registrations.”

Rivus Managing Director, Michael Scheidler adds, “By owning a network of garages across the U.K., Rivus is able to provide the flexibility, scale and quality control that meets the needs of Fisker and their ambitions for the future. We’re already equipped to handle electric vehicles and news of us joining forces with Fisker has created a real buzz within the business. Our customer service operation and vehicle technicians are experts in supporting vehicles of this type – so Fisker customers can always be confident of a great experience from Rivus Fleet Solutions.”

The U.K. has consistently been one of the world’s top 10 new vehicle markets and is anticipated be one of the first to open for Fisker after the planned launch of the Ocean in 2022. Earlier this year, Fisker confirmed it will commence opening consumer experience centers in major global cities from 2021. It is projected that Fisker will open the London experience center in 2022.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by a vision of a clean future for all, the company is on a mission to become the No. 1 e-mobility service provider with the world’s most sustainable vehicles. To learn more, visit www.FiskerInc.com – and enjoy exclusive content across Fisker’s social media channels: Facebook, Instagram, Twitter, YouTube and LinkedIn. Download the revolutionary new Fisker mobile app from the App Store or Google Play store.

About Cox Automotive U.K.

Cox Automotive is the world’s largest automotive service organisation. We provide dependable solutions that improve performance and profitability throughout the vehicle lifecycle to manufacturers, fleets and dealers. Our businesses are organised around our customers’ core needs across vehicle solutions, remarketing, funding and retail. Cox Automotive brands in the UK include Manheim, Dealer Auction, NextGear Capital, Modix, Movex, wewantanycar.com and money4yourmotors.com. The group employs more than 2,500 team members in the UK and works with thousands of businesses throughout the automotive industry. For more information, visit www.coxauto.co.uk.

About Rivus Fleet Solutions

Rivus Fleet Solutions is one the U.K.’s largest end-to-end fleet management companies and supports some of the largest and most critical fleets in the country. The company provides a complete fleet management solution which includes funding, servicing, maintenance, repairs, MOTs, mobile support, accident management, leasing, rentals and custom design services. Rivus has a unique and distinguished heritage in building and supplying vehicles to suit specific operational needs across a wide range of sectors, including utilities, infrastructure, logistics, public sector, construction and facility management. All vehicle types are available and fully supported, including alternative fuel technologies. Rivus websiteLinkedIn

Forward Looking Statements

This press release includes forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “feel,” “believes,” expects,” “estimates,” “projects,” “intends,” “should,” “is to be,” or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: Fisker’s limited operating history; Fisker’s ability to enter into platform and manufacturing contracts with Magna, or other OEMs or tier-one suppliers in order to execute on its business plan; Fisker’s ability to execute its business model, including market acceptance of its planned products and services; Fisker’s inability to retain key personnel and to hire additional personnel; competition in the electric vehicle market; Fisker’s inability to develop a sales distribution network; the ability to protect its intellectual property rights; and those factors discussed in Fisker’s Form 8-K filed with the Securities and Exchange Commission on November 4, 2020 under the heading “Risk Factors” and other reports and documents Fisker files from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and Fisker undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Fisker Inc.

Simon Sproule, SVP, Communications

310.374.6177 / [email protected]

Dan Galves, VP, Investor Relations

[email protected]

[email protected]

KEYWORDS: California Europe United States United Kingdom North America

INDUSTRY KEYWORDS: Alternative Vehicles/Fuels Automotive Manufacturing Manufacturing General Automotive Automotive

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