EH SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against EHang Holdings Limited

NEW YORK, March 29, 2021 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of EHang Holdings Limited (“EHang” or the “Company”) (NASDAQ: EH) from December 12, 2019 through February 16, 2021 (the “Class Period”). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934.

If you purchased EHang securities, and/or would like to discuss your legal rights and options please visit EHang Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected]

The complaint alleges that the Company made false and misleading statements to the market and failed to disclose material adverse facts to the market. Specifically, Defendants failed to disclose to investors that: (1) the Company’s purported regulatory approvals in Europe and North America for its EH216 were for use as a drone, and not for carrying passengers; (2) its relationship with its purported primary customer is a sham; (3) EHang has only collected on a fraction on its reported sales since its ADS began trading on NASDAQ in December 2019; (4) the Company’s manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees; and (5) as a result, Defendants’ public statements were materially false and misleading and/or lacked reasonable basis at all relevant times.

On this news, the Company’s stock price fell $77.79, or approximately 62.7%, to close at $46.30 per share.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 19, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased EHang securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/ehangholdingslimited-eh-shareholder-class-action-lawsuit-fraud-stock-363/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected]

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information

Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]



Jostens Chosen by Charleston Southern University as Official Class Ring Provider

Jostens partnership to add deeper level of Official Class Ring meaning and engagement for CSU students and alumni

Minneapolis, March 29, 2021 (GLOBE NEWSWIRE) — Jostens, the nation’s leading provider of custom class jewelry, graduation products, and yearbooks serving the K-12 and college education markets, has been chosen by Charleston Southern University to enhance their official class ring tradition with new designs and programs reaching even more students and alumni.   

Like many colleges and universities across the country, Charleston Southern University has a rich tradition of offering an “official” class ring design to students and alumni, crafted with meaningful and consistent elements that connect CSU graduates over the course of generations.  Priding itself as the “Lowcountry’s only Christian university,” the CSU ring is an important symbol of the school’s mission and commitment to faith.    

“My high school and college rings are constant reminders of the blessings and faithfulness of God in my life,” said D. Clark Carter, Vice President for Student Life and Dean of Students at CSU.  “Now, our students will be blessed to have this same wonderful opportunity to mark the significant milestone of being a proud Charleston Southern graduate with a ring crafted by Jostens.”

“Aside from the diploma that hangs on my wall, my Jostens college ring is the most significant material reminder of my university years because it reminds me of the life lessons I learned on campus, the lifelong friends I made, the education that shaped me, and the God who carried me,” continued CSU President Dondi E. Costin.  “This new partnership with Jostens will do the same for CSU students. As they leave the university with heads full of knowledge and hearts full of faith, they’ll also leave with hands equipped to serve—for the good of others and the glory of God. On those hands will be Charleston Southern University rings to remind them of who they serve and why.”

In addition to enhancements to the ring design intended to reach an even broader audience of current and alumni students, the Jostens partnership includes a wide range of marketing support and new digital content offerings, including a digital magazine and podcast. 

“Official class rings like CSU’s are important, outward expressions of a school’s inner purpose and belief system,” said Tamela Herczeg, Jostens Director for New Business Development and Alumni Relations. “Jostens is honored to be chosen by the leadership at Charleston Southern to help preserve, promote, and perpetuate the school’s mission through their official class ring for generations to come.”

As its partner and provider of Charleston Southern University’s Official Class Ring Program, Jostens will work closely with school officials and students on preserving important elements of the ring design and program that have sustained over time, while enhancing program elements to reach and engage even more CSU students and alumni.  For more information on Jostens official ring program innovation and services, contact [email protected].

 

About Jostens

Jostens is a trusted partner in the academic and achievement channel, providing products, programs and services that help its customers celebrate moments that matter. The company’s products include yearbooks, graduation products, publications, jewelry and consumer goods that serve the K-12 educational, college and professional sports segments. Founded in 1897 and based in Minneapolis, Minn., Jostens is owned by Platinum Equity and can be found online at www.jostens.com

 

 

Attachments



Jeff Peterson
JOSTENS
952.830.3348
[email protected]

AB INTL GROUP Updates Its Video Streaming Service ABQQ.tv

NEW YORK, March 29, 2021 (GLOBE NEWSWIRE) — AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces they have 3551 free of charge subscribers of ABQQ.tv (www.abqq.tv) since it officially launched its highly anticipated video streaming service three months ago. The service is currently providing streaming for 59 Chinese movies which the company granted the online broadcast license.

“We are engaged to acquire more exclusive online broadcast license of movies to meet the demand of subscribers and visitors. We will do marketing and sales the membership fee plan when the movies number is the scale to the cost efficient for online promotion and marketing in upcoming 6 months,” said Chiyuan Deng, CEO of AB Intl Group.”

About AB International Group Corp. 
AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged to acquisition and distribution of movies. The Company has a patent license to a video synthesis and release system for mobile communications equipment, in which the technology is the subject of a utility model patent in the People’s Republic of China. The Company engages highly anticipated video streaming service targeting global multi-billion dollar and growing video streaming industry. The online service will be marketed and distributed in the world under the brand name ABQQ.tv. ABQQ.tv is expected to generate a new and profitable revenue stream immediately following its launch derived from its hybrid subscription and advertising business model.

For additional information visit www.abqqs.com and www.ABQQ.tv.

Forward-Looking Statements 
This press release contains “forward-looking statements” that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes to the Company’s management team and statements relating to the Company’s transformation, financial and operational performance including the acceleration of revenue and margins, and the Company’s overall strategy.  Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements.  These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties, and general economic and business conditions in AB International Groups markets as well as the other risks detailed in company filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes that happen after the date of this release.

Investor Relations Contact:
Jeff Deng
(212) 918-4519
[email protected]



Sodexo Healthcare Awarded Managed Services Agreement with Conductiv

GAITHERSBURG, MD, March 29, 2021 (GLOBE NEWSWIRE) — Sodexo, a leader in food services and facilities management, has been awarded a group purchasing agreement for managed services with Conductiv Contracts. Effective March 1, 2021, the new agreement allows Conductiv Contracts members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Conductiv Contracts for Environmental Services, Facilities Management, Patient Transportation, Laundry Management, and Service Response Center Management.

“Sodexo Healthcare is excited to announce our newly awarded agreement with Conductiv,” said Catherine J. Tabaka, CEO of Sodexo Healthcare North America.  “In a fast paced and ever-changing environment, Sodexo is uniquely positioned to provide Conductiv’s membership a suite of managed services solutions that can be customized to meet their respective needs and desired outcomes.” 

Conductiv is a leading third-party spend improvement company, uniting an alliance of buyers and suppliers to transform the acquisition of services. With integrated data and analytics, supply chain solutions, advisory and managed services, and a secondary GPO dedicated to activating service contracts, Conductiv unlocks operational efficiencies that have earned its customers more than $800 Million in contract savings.

About Sodexo North America  

At Sodexo Healthcare we build trusted partnerships with health systems to support their care delivery mission. Leveraging science, insights and imagination, we provide solutions and contribute essential non-clinical services wherever care is delivered, to enhance patients’ and caregivers’ experience while improving our clients’ financial health. Sodexo Healthcare’s 35,000 employees provide human-centered care with food and nutrition, environmental and clinical engineering services that support healthcare teams and overall operations at over 1,500 sites in the United States.  
 

Sodexo North America is part of a global, Fortune 500 company with a presence in 72 countries. Sodexo is a leading provider of integrated food, facilities management and other services that enhance organizational performance, contribute to local communities and improve quality of life for millions of customers in corporate, education, healthcare, senior living, sports and leisure, government and other environments daily. The company employs 160,000 people at 13,000 sites in all 50 U.S. states and Canada, and indirectly supports tens of thousands of additional jobs through its annual purchases of $19 billion in goods and services from small to large businesses. Sodexo is committed to supporting diversity and inclusion and safety, while upholding the highest standards of corporate responsibility and ethical business conduct. In support of local communities across the U.S., in 2019, Sodexo contributed over 151,500 in volunteer hours, and since 1996, the Stop Hunger Foundation has contributed nearly $34.5 million to help feed children in America impacted by hunger. To learn more about Sodexo, visit us.sodexo.com, and connect with us on Facebook, Instagram, LinkedIn, Twitter and YouTube.  



Heidi Bullman
Sodexo
[email protected]

Lead Plaintiff Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Filed Against Ebix, Inc.

RADNOR, Pa., March 29, 2021 (GLOBE NEWSWIRE) — RADNOR, PA, March 29, 2021 – The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Ebix, Inc. (NASDAQ: EBIX) (“Ebix”) on behalf of those who purchased or acquired Ebix securities between November 9, 2020 and February 19, 2021, inclusive (the “Class Period”).


Lead Plaintiff Deadline:



April 23, 2021





Website:
https://www.ktmc.com/ebix-inc-securities-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=ebix
   

Contact:
 
James Maro, Esq. (484) 270-1453
  Adrienne Bell, Esq. (484) 270-1435
  Toll free (844) 887-9500

Ebix supplies infrastructure exchanges to the insurance, financial, travel, cash remittances, and healthcare industries.

The Class Period commences on November 9, 2020, when Ebix filed its quarterly report for the period ended September 30, 2020 on a Form 10-Q with the SEC, stating in relevant part that the “Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our ‘disclosure controls and procedures’ . . . [and] have concluded that these disclosure controls and procedures are effective.”

On February 19, 2021, after the market closed, Ebix revealed that its independent auditor, RSM US LLP (“RSM”), resigned “as a result of being unable, despite repeated inquiries, to obtain sufficient appropriate audit evidence that would allow it to evaluate the business purpose of significant unusual transactions that occurred in the fourth quarter of 2020” related to Ebix’s gift card business in India. RSM also stated that there was a material weakness related to Ebix’s failure to design controls “over the gift or prepaid card revenue transaction cycle sufficient to prevent or detect a material misstatement.” Additionally, Ebix and RSM disagreed over the accounting treatment of $30 million that had been transferred into a commingled trust account of Ebix’s outside legal counsel in December 2020.

Following this news, Ebix’s share price fell $20.24, or approximately 40%, to close at $30.50 on February 22, 2021.

The complaint alleges that, throughout the Class Period, the defendants’ positive statements about Ebix’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Ebix investors may, no later than April 23, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member.  A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
[email protected]



LaSAR™ Alliance Announces Formation

PISCATAWAY, N.J., March 29, 2021 (GLOBE NEWSWIRE) — Today the LaSAR Alliance announced its official formation.

The LaSAR Alliance was established to create an ecosystem of like-minded companies and organizations to foster and encourage the development and promotion of technologies, components, devices, techniques, and solutions to enable the efficient design and manufacture of Augmented Reality (AR) wearable devices including smart glasses and head-mounted displays.  LaSAR’s goal is to provide an environment to facilitate a marketplace for ideas where members can exchange and share information, collaborate, and partner to create, build, and grow effective and compelling LBS (Laser-Beam Scanning) -based solutions, share best practices, and to help drive the growth of the market for Augmented Reality wearables, in general.

“The formation of the LaSAR Alliance will facilitate the growth of the Augmented Reality market,” said Bharath Rajagopalan, Chair of the LaSAR Alliance. “Laser Beam Scanning solutions show great promise to realize a number of critical requirements necessary for the development of all-day-wearable smart glasses and head-mounted-display solutions. Achieving this objective requires a tightly knit ecosystem of complementary technologies and the Alliance is set-up to foster an environment of cooperation and collaboration. I look forward to serving our members.”

“Being a founding member of LaSAR enables us to contribute to the alliance’s technical strength that will help resolve the system challenges of LBS adoption in all-day-wear AR eyewear,” explains Jörg Strauss, General Manager and Vice President of Visualization & Laser at Osram Opto Semiconductors.

“It’s an honor to align with Applied Materials, ST, Mega1, Osram and other leading technology developers to collaborate, develop and accelerate AR smart glasses solutions,” said Jussi Rahomaki, President of Dispelix USA. “We’re focused on meeting technical challenges required for all day wearable smart glasses. We’re creating an ecosystem so strong and innovative, we’re excited for what the future holds.”

The LaSAR Alliance Founding Board Members are represented by, STMicroelectronics, OSRAM Opto Semiconductors, Mega1, Dispelix, and AMAT Applied Materials.

The LaSAR Alliance has established multiple tiers of membership levels to meet the robust industry needs.

To learn more about membership, you can visit the LaSAR website at www.LaSARAlliance.org

For all media inquiries please reach out to [email protected]



Health Logic Interactive Inc., Acquires Next-Generation Lab-On-Chip Medical Diagnostic Technology

PR Newswire

TSX.V: CHIP.H

CALGARY, March 29, 2021 /PRNewswire/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSX.V: CHIP.H), is pleased to announce its wholly owned operating subsidiary, My Health LogicInc. (“My Health Logic“), has entered into a license agreement (the “License Agreement“) with an arm’s length third party (the “Licensor“) pursuant to which My Health Logic has a worldwide, exclusive license to the UAL-Chip, a patent pending lab-on-chip (“LOC“) technology that has the potential to be used in a smartphone connected, hand-held device to provide rapid point-of-care (“POC“) diagnosis of Chronic Kidney Disease (“CKD“).

CKD is a life-changing chronic condition that is harmful for patients and extremely expensive to treat unless caught early. Over 850 million people globally and 37 million people in the United States have CKD, and total healthcare costs for treatment of CKD in the US exceed $120B per year. The key to preventing the major harms from CKD, such as kidney failure, kidney dialysis, and death, is early testing and treatment; however, approximately 90% of those afflicted by CKD do not realize they have it. We believe that providing patients and caregivers a low-cost, accessible tool for early diagnosis and treatment is an opportunity to help millions of at-risk patients and start to bend the cost curve for health systems worldwide. 

UAL-Chip technology has the potential to drive a much-needed disruption of the legacy systems used for CKD testing and accelerate the trend towards automation, digitization and personalization in the healthcare industry. The UAL-Chip can utilize microfluidic technology to test for the albumin levels in urine and deliver rapid results to a users’ smartphone and their healthcare practitioner. Currently, <50% of at-risk patients are tested; we expect that introducing digitally connected home testing solutions would increase this number by removing one of the current barriers to testing, being attendance at a central lab, and would also provide My Health Logic with the opportunity to develop a robust platform for continuous digital patient monitoring and care for CKD of all stages.

“CKD is common, costly and harmful for patients and communities. It is also under-recognized. Bringing the CKD diagnosis into the home is a disruptive approach that could bridge the screening gap for millions of patients, allowing early detection and treatment, preventing harms for millions, and reducing health costs by billions” – Dr. Claudio Rigatto, Co-Inventor, Seven Oaks General Hospital

“Our lab-on-chip platform can give accurate results rivalling central laboratories in precision but in an accessible, low cost and rapid form usable in the home, fulfilling the dream of true point-of-care diagnosis and personalized medicine.” – Dr. Francis Lin, Lead Inventor

Highlights of the Market:

  • CKD is the 8th leading cause of death in the US.
  • Estimated that 15% of all people in the US are at risk of CKD yet 90% are unaware they have the disease.
  • Medicare spent $120 billion on all CKD related costs in 2017.
  • End Stage Renal Disease (ESRD) caused by CKD led to $36 billion in Medicare-related costs in 2017.
  • o ESRD includes kidney failure, dialysis, and transplant.
  • American Kidney Health Initiatives passed in 2019.
  • The global POC market has been growing at a CAGR of 10.2% and the global digital remote health market is expected to grow at a CAGR of 27.9% through to 2026.
  • Sources: www.kidney.org, www.uofmhealth.com, www.grandviewresearch.com, www.businesswire.com

Highlights of the Technology:

  • Proof of concept trial complete in clinical setting showing successful results.
  • Patent pending technology with USTPO Patent number.
  • The UAL-Chip is being built so that results will connect to a users’ phone and provide feedback in less than 5 minutes. The plan is to collect the data through My Health Logic’s MATLOC device, a hand-held POC device currently in development, and store the data on the My Health Logic continued care platform.
  • 510 (k) pre-market FDA submission plans – accelerated regulatory pathway.
  • Planned development of urine ACR and blood eGFR (the two necessary tests needed for accurate CKD assessment).
  • First-movers advantage – there are currently no available hand-held, POC diagnostics on the market that quantitatively measure both ACR and eGFR.
  • Co-founders and inventors of the technology plan to join My Health Logic in key leadership positions and continue to advance development, including:
    • Dr. Francis Lin
    • Dr. Claudio Rigatto
    • Dr. Paul Komenda
    • Dr. Navdeep Tangri

The Technology was invented by the world-renowned team of nephrologists at Seven Oaks General Hospital including Dr. Navdeep Tangri, Dr. Paul Komenda, and Dr. Claudio Rigatto, and biomedical engineering LOC expert Dr. Francis Lin. The team of inventors are expected to play an active role in the ongoing development of the lab-on-chips, and MATLOC device as we pursue regulatory approvals with Health Canada and the US Food and Drug Administration (“FDA“) via an accelerated 510K pathway. In addition to the ongoing guidance from the inventors, the Company plans to on board and engage strategic industry thought leaders and experts to best guide My Health Logic through the development process to successful commercialization, for which there is no guarantee.

My Health Logic’s obligations under the License Agreement include: (a) developing, manufacturing and selling products that incorporate the licensed technology (“Licensed Products“); (b) marketing Licensed Products in the US and Canada within 6 months of receiving regulatory approval; (c) reasonably filling market demand for Licensed Products following marketing; (d) obtaining all necessary governmental approvals for the activities in (a); and (e) spending at least $650,000 on the development of Licensed Products during the first four years of the License Agreement. As consideration for the license and other rights under the License Agreement, My Health Logic will pay Licensor annual royalties on net sales of Licensed Products, cover past patent costs, pay annual license maintenance fees and make certain payments upon the occurrence of milestone events in the regulatory approval process with respect to Licensed Products.  

The Company is also pleased to announce that it plans to conduct a non-brokered private placement for gross proceeds of up to $1.4M, subject to approval of the TSX Venture Exchange. 

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use their patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

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

Forward Looking Statements


Cautionary Note Regarding Forward-Looking Statements:

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. This information and these statements, referred to herein as “forward–looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: development, manufacture and sale of Licensed Products; performance of obligations under the License Agreement; plans to engage the inventors and other experts to assist with regulatory approval and commercialization of Licensed Products; plans for and expected benefits of the licensed technology; and the Offering.

These forward–looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: My Health Logic’s ability to develop, manufacture and sell the Licensed Products, perform its obligations under the License Agreement and otherwise implement its business strategies; My Health Logic’s ability to obtain regulatory approval of Licensed Products; and the Company’s ability to obtain regulatory approval of the Offering and complete the Offering on the proposed terms.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: My Health Logic will be able to develop, manufacture and sell the Licensed Products, perform its obligations under the License Agreement and otherwise implement its business strategies; My Health Logic will be able to obtain all necessary regulatory approvals with respect to Licensed Products; and the Company will be able to obtain all necessary regulatory approvals with respect to the Offering, and the Company will be able to complete the Offering on the proposed terms.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/health-logic-interactive-inc-acquires-next-generation-lab-on-chip-medical-diagnostic-technology-301257514.html

SOURCE Health Logic Interactive Inc.

Cboe Receives Regulatory Approval to Launch Periodic Auctions for U.S. Equities Trading

– New auction mechanism designed to enhance intraday liquidity and price discovery in the public markets

– Builds on success of Cboe Europe Periodic Auctions, the largest periodic auction platform in Europe

– Further expands Cboe’s block trading capabilities

– Planned for launch in the third quarter of 2021

PR Newswire

CHICAGO, March 29, 2021 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), a market operator and global trading solutions provider, today announced it has received approval from the U.S. Securities and Exchange Commission (SEC) to introduce periodic auctions on Cboe BYX Equities Exchange – bringing to the U.S. equities markets a new, innovative intraday auction mechanism based on a reimagining of a process that it first launched in Europe. Cboe expects to launch U.S. periodic auctions in the third quarter of 2021.

“We continue to engage with market participants to create innovative trading solutions that aim to meet the needs of today’s investors and we are pleased to bring this first-of-its-kind periodic auction to the U.S. equities markets,” said Adam Inzirillo, Senior Vice President, Head of North American Equities at Cboe Global Markets. “Outside of the opening and closing auctions each day, investors generally have fewer options to interact with natural liquidity, particularly when seeking to execute larger orders with minimum market impact. We believe our U.S. periodic auctions mechanism will provide a unique, on-exchange solution to satisfy investor demand for access to immediate liquidity and size, as well as deliver additional price improvement and increased execution opportunities to benefit all market participants.”

Cboe’s U.S. periodic auctions are designed to allow market participants to access frequent, price-forming auctions throughout the course of the trading day, thereby helping them find liquidity in a short time-frame with low market impact, while prioritizing price and size. Periodic auctions of one-hundred milliseconds will be initiated when there are matching auctionable buy and sell orders available to trade in the auction. The message identifying when an auction is available will be randomized, helping to mitigate any potential adverse selection. Periodic auctions will not interrupt trading in the continuous market and will execute at a price level that maximizes volume executed in the auction, including any orders posted on the BYX order book.

As block-sized liquidity continues to increase off-exchange with the use of conditional orders, Cboe believes U.S. periodic auctions could provide market participants with an on-exchange alternative to off-exchange electronic block trading by enabling them to trade in size, while reducing market impact. In addition, Cboe expects U.S. periodic auctions to help facilitate price discovery and enhance liquidity and market quality in all equity securities, particularly thinly-traded securities trading on Cboe BYX Equities Exchange.

Cboe Europe Periodic Auctions – a lit order book that independently operates frequent auctions throughout the trading day – was the first of its kind when it launched in 2015 and has become a highly valued trading mechanism that aims to deliver better execution outcomes. It continues to be the largest European periodic auction, accounting for over 80 percent of all periodic auction activity, or approximately 3 percent of notional value traded on European equities exchanges, with an average daily traded notional value of €1 billion in 2020.   

David Howson, President, Europe and Asia Pacific at Cboe Global Markets, said: “The creation of U.S. periodic auctions demonstrates our unique capabilities as a truly global exchange operator to leverage and deploy our vast technology and product innovation expertise across asset classes and regions to serve our global base of customers. By serving customer demand we have achieved tremendous success with Cboe Europe Periodic Auctions, and look forward to further extending our leadership and expanding our offerings with the addition of a new U.S. model.”

About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE) provides cutting-edge trading and investment solutions to market participants around the world. The company is committed to defining markets through product innovation, leading edge technology and seamless trading solutions.

The company offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S., Canadian and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and volatility products based on the Cboe Volatility Index® (VIX® Index), recognized as the world’s premier gauge of U.S. equity market volatility.

Cboe’s subsidiaries include the largest options exchange and the third largest stock exchange operator in the U.S. In addition, the company operates one of the largest stock exchanges by value traded in Europe, and owns EuroCCP, a leading pan-European equities clearing house. Cboe also is a leading market globally for ETP listings and trading.  

The company is headquartered in Chicago with a network of domestic and global offices across the Americas, Europe and Asia, including main hubs in New York, London, Kansas City and Amsterdam. For more information, visit www.cboe.com.  


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Cautionary Statements Regarding Forward-Looking Information
Certain information contained in this press release may constitute forward-looking statements. We caution readers not to place undue reliance on any forward-looking statements, which speak only as of the date made and are subject to a number of risks and uncertainties.

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SOURCE Cboe Global Markets, Inc.

Oasis Digital Studios Presents NFTs – Myths, Markets, Media & Mania Live Online Webinar April 13th

PR Newswire

Major industry experts, Artists and Talent come together to educate, demystify, and reveal unique NFT programs for the collector community and general-public.

TORONTO, VANCOUVER, BC, ERIE, Pa., LOS ANGELES, NEW YORK and LONDON, March 29, 2021 /PRNewswire/ – Liquid Avatar Technologies Inc. (CSE: LQID) (OTC: TRWRF) (FRA: 4T51) (“Liquid Avatar Technologies” or the “Company“,), a global blockchain, digital identity and fintech solutions company together with ImagineAR Inc. (CSE: IP) (OTCQB: IPNFF) an Augmented Reality platform company, announces that Oasis Digital Studios (“Oasis”) is presenting a major online event to provide interested parties and the public with a plain English view of the Non-Fungible Token (NFT) industry and collector markets on Tuesday, April 13, 2021 at 12 pm Eastern Time (GMT -5). 

The event entitled, NFTs – Myths, Markets, Media & Mania, will be broadcast via Zoom and is free to attend for interested participants, however seats are limited.  Please register at: https://hello.liquidavatar.com/oasis-webinar-registration

Hosted by George Tsolis, CEO Agoracom Investor Relations, Alen Paul Silverrstieen, CEO of Imagine AR and David Lucatch, CEO Liquid Avatar, this fireside chat, and panelist format event is a must for anyone interested in NFTs. Participants will gain knowledge from industry players, Artists, Talent and other experts, and attendees will have interactive opportunities that will provide a real-world view of the NFT craze, the reality of collecting, and what’s next and beyond NFTs.

Oasis is also planning some very special reveals of upcoming NFTs and special opportunities for those in attendance.  A complete list of registered speakers and presenters will continuously be updated on the Oasis website.


About Oasis Digital Studios Limited – www.oasisdigitalstudios.com

Oasis Digital Studios Limited (“Oasis”) is a Barbados registered corporation in partnership with Liquid Avatar Technologies Inc. and ImagineAR Inc.  Oasis brings together leading individuals and organizations in blockchain technology, computer graphics, augmented reality, entertainment, art, sports, gaming, music, media, comic book, memorabilia, and pop culture arenas to support the fast-paced emergence of the NFT marketplace. 

The Oasis business model is to create a story-telling partnership with artists, sports personalities, talent, brands, and organizations, and share in the ongoing revenue of the initial sale and any residual sales, creating potential royalty-type revenue relationships.  The initial program offerings will consist of digital artwork, with the expected expansion to trading cards, limited editions, and series, and physical product programs.

Oasis uses multi-media, cinematics, animations, and other techniques to create experiences for NFTs together with the latest Augmented Reality and virtual technologies to tell the Artist and Talent stories providing immersive experiences for NFT collectors.

The Oasis AR Enhanced NFT experience will be available exclusively through the Liquid Avatar Mobile App, which features the ability for user to create digital icons that allow users to manage, control and create value from their biometrically verified digital identity, and is available in the Google Play and Apple App Store.

For more information, please visit Oasis Digital Studio


About ImagineAR

ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, (products, landmarks and more to instantly engage videos, information, advertisements, coupons,3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies. The AR Platform is available as an SDK Plug-in for existing mobile apps.

All trademarks of the property of respective owners.

ON BEHALF OF THE BOARD
Alen Paul Silverrstieen President & CEO (818) 850-2490
https://twitter.com/IPtechAR  
https://www.facebook.com/imaginationparktechnologies 
https://www.instagram.com/iptechar  
https://www.linkedin.com/company/imagination-park-technologies-inc  


About Liquid Avatar Technologies Inc.

Liquid Avatar Technologies Inc., through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of Self Sovereign Identity, empowering users to control and benefit from the use of their online identity.

The Liquid Avatar Mobile App, available in the Apple App Store and Google Play is a verified Self Sovereign Identity platform that empowers users to create high quality digital icons representing their online personas.  These icons allow users to manage and control their digital identity and Verifiable Access and Identity Credentials, and to use Liquid Avatars to share public and permission based private data when they want and with whom they want.

KABN North America has a suite of revenue generating programs that support the Liquid Avatar program, including KABN KASH a cash back and reward program that has over 400 leading online merchants and coming soon, an integrated offering engine.  In Canada, KABN also has the KABN Visa Card, a “challenger banking” platform that allows users to manage and control a range of financial services for traditional and digital currencies.  The Company is currently exploring expansion of the KABN Visa program to other geographic regions, including the USA.

Oasis Digital Studios is a creative and development agency that supports a wide range of artists, talent, brands, and enterprises with Non-Fungible Token (NFT) solutions.

Liquid Avatar Technologies Inc. is publicly listed on the Canadian Securities Exchange (CSE) under the symbol “LQID” (CSE: LQID). 

The Company also trades in the US under the symbol “TRWRF” and in Frankfurt under the symbol “4T51”

For more information, please visit Liquid Avatar

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

All websites referred to are expressly not incorporated by reference into this press release.

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the timing for the launch of Liquid Avatar apps, the plans for future features of the Liquid Avatar apps, expected geographic expansion, the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: failure to obtain necessary approvals in a timely manner or at all; lack of sufficient capital to expand the Company’s geographic footprint or to add new features to the Company’s offerings; changes in general economic, business, and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

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SOURCE Imagination Park Technologies Inc.

Kingsway Announces Availability of Annual Letter to Shareholders

PR Newswire

ITASCA, Ill., March 29, 2021 /PRNewswire/ – (NYSE: KFS) Kingsway Financial Services Inc. (“Kingsway” or the “Company”) announced today that a letter to its shareholders from John T. Fitzgerald, the Company’s President and CEO, has been made available (the “Letter”). The Letter can be found on the Company’s website at http://bit.ly/kfs2020.

About the Company

Kingsway is a holding company that owns or controls subsidiaries primarily in the extended warranty, asset management and real estate industries. The common shares of Kingsway are listed on the New York Stock Exchange under the trading symbol “KFS.”

Forward-Looking Statements

This press release and/or the Letter may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as “expects,” “believes,” “anticipates,” “intends,” “estimates,” “seeks” and variations and similar words and expressions are intended to identify such forward-looking statements; however, the absence of any such words does not mean that a statement is a not a forward-looking statement. Such forward-looking statements relate to future events or future performance but reflect Kingsway management’s current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Additional Information

Additional information about Kingsway, including a copy of its 2020 Annual Report and filings on Forms 10-Q and 8-K, can be accessed on the Canadian Securities Administrators’ website at www.sedar.com, on the EDGAR section of the U.S. Securities and Exchange Commission’s website at www.sec.gov or through the Company’s website at www.kingsway-financial.com.

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SOURCE Kingsway Financial Services Inc.