BetterLife Added to Horizons Psychedelic Stock Index ETF

Announces Closing of Non-Brokered Private Placement

VANCOUVER, March 29, 2021 (GLOBE NEWSWIRE) — BetterLife Pharma Inc. (“BetterLife” or the “Company”) (CSE: BETR / OTCQB : BETRF / FRA: NPAU) is pleased to announce that it has been added to the Horizons Psychedelic Stock Index ETF (PSYK : NEO), the world’s first ETF offering direct exposure to North American publicly listed securities that have significant business activities in, or significant exposure to, the psychedelics industry.

BetterLife’s therapeutic pipeline includes TD-0148A, a nontoxic second-generation Lysergic Acid Diethylamide (“LSD”) derivative molecule that mimics the projected therapeutic potential of LSD in the treatment of disorders such as severe depression, substance dependencies, post-traumatic stress disorder (“PTSD”), and migraines.

Ahmad Doroudian, BetterLife’s CEO, said “We are honoured to be included in the Horizons Psychedelic Stock Index ETF as part of the first quarterly rebalance of its holdings. The ETF will bring additional exposure to potential new investors and generate value for existing shareholders.”

The Company also announced today that it has closed a non-brokered private placement (the “Offering”) by issuing 1,779,833 common shares at a price of CAD$1.40 per common share for gross proceeds of CAD$2,491,766.  The common shares issued pursuant to the Offering are subject to a four month hold period under applicable securities laws, which hold period expires four months and a day following the date of issuance.  BetterLife will use the proceeds for working capital purposes and for advancement of pre-clinical and clinical programs.

About Horizons ETFs Management (Canada) Inc.

Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has over $17.5 billion of assets under management and 88 ETFs listed on major Canadian stock exchanges.

For further information please visit www.HorizonsETFs.com.

About BetterLife Pharma Inc.

BetterLife Pharma Inc. is an emerging biotechnology company engaged in the development and commercialization of next generation psychedelic products for the treatment of mental disorders. Utilizing drug delivery platform technologies, BetterLife is also refining and developing drug candidates from a broad set of complementary interferon-based technologies which have the potential to engage the immune system to fight virus infections, such as the coronavirus disease (COVID-19) and human papillomavirus.

For further information please visit www.abetterlifepharma.com.
Contact

Ahmad Doroudian, Chief Executive Officer
Email: [email protected]
Phone:  (604) 221-0595

Cautionary Note Regarding Forward-Looking Statements

No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.



Intuitive Tech: All-new 2022 INFINITI QX60 offers latest ProPILOT Assist technology

  • Latest iteration of ProPILOT Assisti uses navigation data to more intuitively support driver on highways, including curves and exits
  • Traffic Sign Recognitionii offers speed-limit information to the driver, and when enabled with ProPILOT Assist, can help adjust the all-new QX60’s speed
  • All-new 2022 INFINITI QX60 arrives in the U.S. later this year

NASHVILLE, Tenn., March 29, 2021 (GLOBE NEWSWIRE) — Supporting the driver has been part of INFINITI’s mission since the beginning.

It shouldn’t be a surprise then that the newest INFINITI offers intuitive tech features that do just that.

Today, INFINITI announces its newest crossover, the all-new 2022 INFINITI QX60, which is expected to arrive in the U.S. before the end of this year, will be the first model in the automaker’s lineup to feature the latest iteration of its innovative ProPILOT Assist system. The updated technology delivers smoother driver-support features and offers enhanced features that seamlessly connect to the vehicle’s navigation system to support the driver proactively in situations such as highway off-ramps.

“Our commitment to supporting drivers at INFINITI has never wavered,” said INFINITI’s General Manager, Product Strategy and Planning Eric Rigaux. “With the all-new QX60 and its ProPILOT Assist enhanced by navigation, we’re working to keep that tradition alive. Whether on a long haul for the weekend or a long highway commute on the way home at the end of the day, we’re proud to offer systems that intuitively back the driver.”

The latest ProPILOT Assist system combines information gathered from the QX60’s array of sensors and cameras with navigation information to assist its driver better. The data analyzed from the navigation system could include upcoming curves that require the QX60 to slow or exiting on an off-ramp. An extended automatic restart system now supports stopping for up to 30 seconds in stop-and-go traffic situations.

“For the all-new QX60, we really wanted to up the ante to improve the confidence that customers will have in ProPILOT Assist,” said Melissa Tellez, autonomous drive testing and development engineer for INFINITI. “I like to think of it as a wetsuit. When you put one on and you jump in a lake, the wetsuit will not swim you to the other end of the lake. But while you’re swimming, it’ll help keep you comfortable, and it reduces the amount of energy you have to spend because it helps you float. It’s the same with ProPILOT Assist — it doesn’t drive you from point A to point B, but while you’re driving, you’re more comfortable and confident.”

Since its introduction on the 2019 INFINITI QX50, ProPILOT Assist has been further refined to more smoothly assist drivers. In the all-new 2022 QX60, the system can proactively brake sooner and more softly, and its steering assistance is more natural. The three-row crossover can better maintain speeds on a downhill grade as well using the advanced Intelligent Cruise Control system.

Traffic Sign Recognition on the 2022 INFINITI QX60 relays vital information to the driver via the instrument cluster or an available head-up display. When ProPILOT Assist is engaged and customized to follow posted speeds, information gathered from the onboard system can help the driver quickly match speeds in changing speed-limit zones. When entering a new speed-limit zone, the system can prompt the driver to accept a change in set speed to match, or the system can automatically change set speeds.

Those advanced systems combine with the all-new 2022 INFINITI QX60’s construction and suite of onboard active safety features to offer confidence and comfort to its driver and passengers that each journey can be completed more easily.

More information about the all-new 2022 INFINITI QX60 will be released closer to market launch later this year. Stay tuned.

About INFINITI

INFINITI Motor Company is headquartered in Yokohama, Japan with operations around the world including regional offices based in the Americas, China and INFINITI International Markets based in Dubai. The INFINITI brand of premium automobiles are assembled in manufacturing facilities in Japan, North America and China. INFINITI design studios are located in Atsugi-Shi near Yokohama, London, San Diego and Beijing.

More information about INFINITI and its industry leading technologies can be found at www.INFINITIUSA.com. You can also follow INFINITI on Facebook, Instagram, LinkedIn, Twitter, and see all of our latest videos on YouTube.

INFINITI Communications Contacts:

Kyle Bazemore
Director, INFINITI Americas Corporate Communications
615-739-8404
[email protected]

Aileen Clarke
Manager, INFINITI U.S. Product Communications 
949-359-1112
[email protected]  

i ProPILOT Assist cannot prevent collisions. It is the driver’s responsibility to be in control of the vehicle at all times. Always monitor traffic conditions and keep both hands on the steering wheel. System operates only when lane markings are detected. Does not function in all weather, traffic and road conditions. System has limited control capability and the driver may need to steer, brake or accelerate at any time to maintain safety. See Owner’s Manual for safety information.
ii Traffic Sign Recognition may not detect and read all traffic signs in all conditions. Driver should monitor all traffic signs and obey all traffic laws. See Owner’s Manual for details.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a2925b2c-0092-4351-a0f7-c7c4bd8073a5

https://www.globenewswire.com/NewsRoom/AttachmentNg/5371f96d-e5a3-41f6-8773-4bfc46ff4419



North America’s top disaster restoration companies take on Canadian name: FIRST ONSITE

MISSISSAUGA, Ontario, March 29, 2021 (GLOBE NEWSWIRE) — FirstOnSite Restoration, Canada’s leading property restoration company, today announced that eight North American sister companies from Canada, the U.S., and Puerto Rico have adopted the Canadian name and are moving to a new unified brand – FIRST ONSITE.

“FIRST ONSITE is looking to redefine the industry with its unwavering mission to be the first to help, support and lead in the face of disaster,” said Dave Demos, Chief Executive Officer of FIRST ONSITE, Canada. “With today’s announcement, this shared promise aligns our collective efforts and positions us to be the only restoration partner Canadian businesses and homeowners will ever need.”

The combined company has more than 80 branch locations across Canada and the U.S. (including Puerto Rico and Hawaii). Given the geographical coverage, breadth of services and industry vertical specializations the company offers, FIRST ONSITE has the knowledge, resources, and commitment to provide a full suite of disaster preparedness and property restoration services like no other vendor.

In Canada, FIRST ONSITE has spent 13 years on the frontlines of high-risk situations due to climate change, natural disasters and weather-related events. It has been on site at some of the country’s most severe catastrophes such as the 2018 Greater Toronto Area (GTA) flood; Fort McMurray, BC and Slave Lake wildfires; the Goderich tornado; Hurricane Sandy; and the southern Alberta floods.

“The name says it all. FIRST ONSITE is embracing a name with a strong pedigree and solid reputation in Canada,” said Jenny Vandehey, Chief Brand Officer, FIRST ONSITE. “The joint effort of each legacy company throughout the branding journey provided a lens on best practices, strengths, unity and purpose that we collectively share going forward.”

The unified companies include multiple restoration brands under parent company FirstService Corporation’s holdings: Quebec’s Restauration PremièreAction, Interstate Restoration, Interstate Hawaii, Trilink Restoration Services, Super Restoration, CATCO, Rolyn and Perfection Property Restoration.

FIRST ONSITE is dedicated to helping customers – from homeowners to communities, to large multinational corporations – respond to and get back to business and life as quickly as possible after a natural disaster, or property-related emergency.

“Becoming FIRST ONSITE represents an important milestone in the company’s vision of being the North American leader in the disaster restoration industry,” said Jeff Johnson, Global CEO of FIRST ONSITE. “By uniting our 2,000 team members under one purpose, we look forward to helping customers large and small, prepare for as well as rebuild, restore and rise after an event.”

About FIRST ONSITE: North America’s Trusted Leader in Property Restoration

FIRST ONSITE Restoration is the largest independent North American disaster restoration services provider, providing emergency preparedness, remediation, restoration, and reconstruction services across Canada, the U.S. and Puerto Rico. FIRST ONSITE offers more than 2,000 employees, 80-plus branches and a combined 70-plus years of industry-leading experience and expertise with a commitment to customer service. FIRST ONSITE proudly serves the commercial, municipal, industrial and residential sectors. The company is a wholly-owned subsidiary of FirstService Corporation.

Press Contacts:

Dana Sharman
MAVERICK For FIRST ONSITE
[email protected]
705-878-6493

Janine Yetke
Director of Marketing
FIRST ONSITE, Canada
[email protected]
416-779-9448

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f8c5d420-737a-4759-af16-52c287147da0

https://www.globenewswire.com/NewsRoom/AttachmentNg/24cfbfa3-1ac2-4a94-a4fa-e2e0748290fe



Escher Biomedical Diagnostics Announces BT-MED® COV19 Test for Detection of COVID-19 Virus Infection in Saliva Samples

AUSTIN, Texas, March 29, 2021 (GLOBE NEWSWIRE) — Escher Biomedical Diagnostics, LLC announced that its Escher BT-MED® COV19 Saliva Test has been accepted by FDA as a Notification under Section IV.C of the Emergency Use Authorization program. The BT-MED® COV19 Test system is a high-throughput molecular method for detecting infection by the SARS-CoV-2 virus in specimens of saliva from individuals suspected of COVID-19 by their healthcare provider.

Through this Notification, Escher indicates its intent to distribute the COVID-19 virus test in the US while FDA review of the EUA request is pending. At present, the BT-MED® COV19 Test is for use only in CLIA-high-complexity laboratories. 

“We are pleased to introduce this important method to the detection and characterization of pathogens. The novel approach developed by Biotrack BV allows fast and accurate detection of the COVID-19 virus within infected human cells that appear in saliva,” stated Phil Speros of Escher. “And there are many advantages to saliva as a specimen, such as simplicity of collection, but also the ability to verify correct sample collection simply by observing the presence of the necessary small volume. These are important advantages over swab-based methods.” 

The BT-MED® diagnostic device is based on in situ hybridization with fluorescent molecular probe, coupled with automated intelligent digital image processing that evaluates as to the presence or absence of the virus. “There is no ‘RT’ and No ‘PCR’ because the BT-MED® COV19 method uses alternate methods to amplify the signal due to the virus.”

Gerard Schouten, CEO of Biotrack BV, the manufacturer of the test system, comments, “After years of development our technology has come of age as a robust device that is simple to deploy and implement, even to challenging settings such as trucks and ships. Implementation in a clinical laboratory is easy.” Schouten continued, “The fact that our system directly observes the molecular probe-lit viral nucleic acids in the infected human cells [shed in saliva] made it possible to create automated software to determine whether there is an infection or not.”

About the BT-MED® System:

The BT-MED® system is composed of the BT-MED® Analyzer and test kits associated with specific pathogens or panels of pathogens. The Analyzer can be configured for full automated use, which minimizes the need for human technical activities, or partial automated use, which allows higher throughput. 

The BT-MED® Analyzer and BT-MED® COV19 Test Kit is also CE Marked.

About Saliva as a Testing Specimen for COVID-19:

Saliva is a specimen type of interest, but other molecular approaches have seen variable results not always consistent with a very high accuracy testing. Increasing understanding of the biology of COVID-19 infections offers clear evidence that saliva contains cells that are quite useful in detecting the viral infection. (For example: https://www.nature.com/articles/s41591-021-01296-8 ). The BT-MED® method has distinct advantages in using saliva as a specimen type.

About Escher Biomedical Diagnostics, LLC:

Escher Biomedical Diagnostics, LLC is a joint venture between Biotrack BV, the Netherlands company that manufactures the BT-MED® Analyzer and COV19 Test Kit, and Echo Testing Group, LLC, an Austin, Texas company founded to bring the BT-MED® to the US and Canada, and Escher holds the exclusive marketing rights to do so. 

About Biotrack BV

Biotrack BV, of Leeuwarden, Netherlands is the developer and manufacturer of the Biotrack-MED® system, branded in the US and Canada as BT-MED®. Besides medical applications, the platform technology has seen application in industrial and municipal monitoring applications. Biotrack BV is ISO13485 certified.

Disclaimer

Legal Notice Regarding Forward-Looking Statements: This news release contains “Forward-looking Statements”. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to our ability to fully commercialize our technology, risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new products and markets, the time and expense involved in such development activities, the ability to secure additional financing, the ability to consummate acquisitions and ultimately integrate them, the level of demand and market acceptance of our products, and changes in our business strategies. This is not an offering of securities and securities may not be offered or sold absent registration or an applicable exemption from the registration requirements.



AgroFresh Reaches Patent Infringement Settlement with Decco Post-Harvest, Inc. and its Parent Company, UPL Limited

PHILADELPHIA, March 29, 2021 (GLOBE NEWSWIRE) — AgroFresh Solutions, Inc. (Nasdaq: AGFS), a global leader in produce freshness solutions, today announced the Company has reached a settlement in its ongoing litigation against Decco Post-Harvest, Inc. and Decco’s parent company, UPL Limited.

The terms of the settlement agreement, pursuant to which all outstanding litigation between the parties is now settled, are confidential.

“AgroFresh transformed the post-harvest industry more than 20 years ago with the development and commercialization of SmartFresh™ Quality System 1-MCP technology. Our consistent commitment to research and development continues to drive innovation for the industry, which is the backbone of our organization. We are pleased to settle this matter as we shift our focus to the future,” said Jordi Ferre, AgroFresh CEO.

About AgroFresh

AgroFresh (Nasdaq: AGFS) is an AgTech innovator and global leader with a mission to prevent food loss/waste and conserve the planet’s resources by providing a range of science-based solutions, data-driven digital technologies and high-touch customer services. AgroFresh supports growers, packers and retailers with solutions across the food supply chain to enhance the quality and extend the shelf life of fresh produce. The AgroFresh organization has 40 years of post-harvest experience across a broad range of crops, including revolutionizing the apple industry with the SmartFresh™ Quality System for more than 20 years. This is powered by a comprehensive portfolio that includes plant-based coatings, equipment and proprietary solutions that help improve the freshness supply chain from harvest to the home. Visit agrofresh.com to learn more.

Contact:

For AgroFresh Solutions, Inc.
ICR Inc.

Jeff Sonnek – Investor Relations
[email protected]
646-277-1263

Cory Ziskind – Media Relations
[email protected]
646-277-1232



Zscaler and CrowdStrike Extend Zero Trust Security from Devices to Business Applications

Security Cloud Giants Expand Global Strategic Partnership to Provide Organizations with Seamless, Dynamic and Data and Identity-Centric Protection through New Integrations

SAN JOSE, Calif., March 29, 2021 (GLOBE NEWSWIRE) — Zscaler, Inc. (Nasdaq: ZS) and CrowdStrike Holdings, Inc. (Nasdaq: CRWD), two leaders in cloud-native security, today announced a series of integrations that deliver end-to-end security protection from the endpoint to the application. These integrations for joint customers strengthen security by providing an identity-centric and data-centric zero trust approach that encompasses data, people, devices, workloads, and networks.

Zscaler is CrowdStrike’s first cloud security partner to leverage CrowdStrike Zero Trust Assessment (ZTA) in general availability to enable secure access to applications from any endpoint, regardless of the user or location. Utilizing the expansive telemetry of the CrowdStrike Falcon® platform that processes over 5 trillion events a week, ZTA grants dynamic conditional access based on continuous real-time security posture assessments of device health and compliance checks. Through the integration with Zscaler Private AccessTM (ZPATM), access to private applications can be automatically adapted based on the ZTA assessment score and updated access policies from Zscaler.

“Employees are working from anywhere and applications are moving to the cloud,” said Amit Sinha, president, chief technology officer, board member, Zscaler. “The enterprise perimeter doesn’t exist anymore, the internet is the new corporate network, and security should follow users and workloads wherever they are. Zero trust requires decoupling application access from being on the corporate network and allowing access based on identity, context, and business policies. This dramatically reduces an organization’s attack surface and prevents lateral propagation of attacks that we’ve seen repeatedly when organizations rely on legacy firewall and network-centric solutions.”

This collaboration between the two cloud-native security leaders provides joint customers with adaptive, risk-based access control to private applications, enabling improved defense for people working from anywhere. The integration also enables automated workflow between the two platforms through threat intelligence and telemetry data sharing, providing zero-day malware protection, automatic update of inline custom blocklists, and faster data correlation and impact assessment.

“Recent high profile attacks involving compromised credentials have served as a moment of truth for organizations struggling with expanding remote workforces, growth of cloud applications, and an increasingly complex threat landscape,” said Michael Sentonas, chief technology officer at CrowdStrike. “Modern organizations need to embrace an identity-centric approach to security with a mature zero trust architecture that is dynamic and end-to-end, automating workflows that ensure verified access across endpoints, networks, workloads, and devices. Zero trust must be the de facto standard in today’s work-from-anywhere world.”

“CrowdStrike and Zscaler’s scalable and complementary solutions enabled our organization’s security transformation by providing increased visibility of endpoints and workloads across our approximately 400 offices in 60 countries. Immediate detection and response are critical for stopping potential breaches, and we are able to significantly accelerate our response,” said Erik Hart, chief information security officer for Cushman & Wakefield. “As distributed workforces continue to grow and increasingly expose corporate environments to intensifying cyber threat activity, an identity-centric zero trust strategy must be implemented to ensure that access is verified and that organizational risks are minimized.”

The integrations will offer mutual customers four key benefits:

  • ZPA incorporates CrowdStrike’s real-time ZTA to enforce access policy to private apps to reduce organizational risks
  • Zscaler Internet AccessTM (ZIATM) deployed inline stops malware propagation by triggering device quarantine through the CrowdStrike Falcon Platform
  • CrowdStrike’s Falcon X threat intelligence and Falcon Endpoint Protection device telemetry data can be shared with Zscaler Zero Trust Exchange for seamless usage when integrations are activated to provide stronger protection and increased visibility
  • Cross-platform workflow shortens response time and helps combat increasing volumes and sophistication of attacks

Zscaler and CrowdStrike first partnered in 2019 to integrate the CrowdStrike Falcon platform with Zscaler’s cloud security platform to provide customers with real-time threat detection and automated policy enforcement to improve security across networks and endpoints.

To learn more about the integration and hear from customers, register for the Beyond the Perimeter virtual events happening around the world.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding benefits customers may receive from Zscaler and CrowdStrike’s new integrations. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release.

You should not rely on these forward-looking statements, as actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

About Zscaler

Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.

Zscaler™ and the other trademarks listed at


https://www.zscaler.com/legal/trademarks


are either (i) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners.

About CrowdStrike

CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a global cybersecurity leader, is redefining security for the cloud era with an endpoint and workload protection platform built from the ground up to stop breaches. The CrowdStrike Falcon® platform’s single lightweight-agent architecture leverages cloud-scale artificial intelligence (AI) and offers real-time protection and visibility across the enterprise, preventing attacks on endpoints and workloads on or off the network. Powered by the proprietary CrowdStrike Threat Graph®, CrowdStrike Falcon correlates 5 trillion endpoint-related events per week in real time from across the globe, fueling one of the world’s most advanced data platforms for security.

With CrowdStrike, customers benefit from better protection, better performance and immediate time-to-value delivered by the cloud-native Falcon platform.

There’s only one thing to remember about CrowdStrike: We stop breaches.

Qualifying organizations can gain full access to Falcon Prevent™ by starting a free trial.

Learn more: https://www.crowdstrike.com/

Follow us: Blog | Twitter

© 2021 CrowdStrike, Inc. All rights reserved. CrowdStrike, the falcon logo, CrowdStrike Falcon and CrowdStrike Threat Graph are marks owned by CrowdStrike, Inc. and registered with the United States Patent and Trademark Office, and in other countries. CrowdStrike owns other trademarks and service marks, and may use the brands of third parties to identify their products and services.

Media Contacts:

Zscaler
Natalia Wodecki
[email protected]

CrowdStrike
Ilina Cashiola, 202-340-0517
[email protected]



Southwest Airlines Orders 100 Boeing 737 MAX Jets, Plus 155 Options

– Deal raises Southwest’s 737 MAX commitment to more than 600 jets between the 737-7 and larger 737-8

– Southwest aims to modernize future fleet with improved fuel efficiency, environmental performance and operational flexibility

– Order brings stability to Boeing’s largest commercial program and its suppliers

PR Newswire

SEATTLE, March 29, 2021 /PRNewswire/ — Boeing [NYSE:BA] and Southwest Airlines today announced the carrier will continue to build its business around the 737 MAX family with a new order for 100 airplanes and 155 options across two models. The deal comes after a multi-year fleet evaluation by Southwest and means that Boeing and its suppliers could build more than 600 new 737 MAX jets for the airline through 2031.

Southwest had been exploring options to modernize the largest component of its fleet: the 737-700 that serves the airline’s needs for a 140-150 seat airplane. With the new agreement, the airline reaffirmed the 737-7 as its preferred replacement and growth airplane. The jet will complement the 737-8, which serves Southwest’s needs for a 175-seat model. Both 737 MAX family members will reduce fuel use and carbon emissions by at least 14% compared to the airplanes they replace, helping to improve operating costs and environmental performance. Southwest said the solution allows it to maintain the operational efficiencies of an all-Boeing 737 fleet to support its low-cost, point-to-point route network.

“Southwest Airlines has been operating the Boeing 737 series for nearly 50 years, and the aircraft has made significant contributions to our unparalleled success. Today’s commitment to the 737 MAX solidifies our continued appreciation for the aircraft and confirms our plans to offer the Boeing 737 series of aircraft to our Employees and Customers for years to come,” said Gary Kelly, Southwest’s chairman and CEO. “We are proud to continue our tradition of being the world’s largest operator of an all-Boeing fleet.”

“In addition to supporting our efforts to operate sustainably and efficiently, the 737 MAX offers Employees and Customers travel comforts such as a quieter cabin, larger overhead bin spaces, seating with adjustable headrests, and more galley space for onboard service,” said Mike Van de Ven, Southwest’s chief operating officer.

The new purchase agreement takes Southwest’s order book to 200 737-7s and 180 737-8s, more than 30 of which have already been delivered. Southwest will also have 270 options for either of the two models, taking the carrier’s direct-buy commitment to more than 600 airplanes. The airline also plans additional 737 MAX jets through third-party lessors.

“Southwest Airlines has long been a leader and bellwether for the airline industry and this order is a big vote of confidence for commercial air travel. As vaccine distribution continues to pick-up, people are returning to the skies and fueling hopes for a full recovery and renewed growth across our industry,” said Stan Deal, president and CEO of Boeing Commercial Airplanes. “We are deeply honored by Southwest’s continuing trust in Boeing and the 737. Their fleet decision today brings more stability for our biggest commercial program and will ensure that our entire 737 family will be building new airplanes for Southwest for years to come.”

As part of the agreement, Southwest will also expand its use of Boeing’s digital solutions to support its 737 MAX fleet, including Airplane Health Management, Maintenance Performance Toolbox and digital navigation charting tools. Boeing will also provide system software upgrades and new wireless communications-enabling equipment to support Southwest’s operations.

About the 737 MAX Family
Designed and built in Renton, Washington, the 737 MAX family delivers superior efficiency, flexibility and reliability for the single-aisle airplane market. The 737-7 can fly 3,850 nautical miles, the longest range in the MAX family and 1,000 nautical miles farther than its predecessor. This derivative seats a maximum of 172 passengers, compared to the 737-8’s 210 maximum seats. The 737-8 can fly 3,550 nautical miles. This additional capability allows airlines to offer new and more direct routes for passengers.

Every 737 MAX features the new Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins. Other technical specifications can be found at www.boeing.com/commercial/737max/

About The Boeing Company
Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Contact:
Jessica Kowal
Boeing Communications
+1 (206) 660-6849
[email protected]

Joe Loeffler

Boeing Communications
+1 (425) 306-2145
[email protected]

 

Cision View original content:http://www.prnewswire.com/news-releases/southwest-airlines-orders-100-boeing-737-max-jets-plus-155-options-301257455.html

SOURCE Boeing

Encompass Health announces date of 2021 first quarter conference call

PR Newswire

BIRMINGHAM, Ala., March 29, 2021 /PRNewswire/ — Encompass Health Corp. (NYSE: EHC) today announced it will report results for its first quarter ended March 31, 2021, after the market closes on April 27, 2021. The Company will host an investor conference call at 9 a.m. ET on April 28, 2021, to discuss its results.

The conference call may be accessed by dialing 877-587-6761 and giving the pass code 8188583. International callers should dial 706-679-1635 and give the same pass code. Please call approximately 10 minutes before the start of the call to ensure you are connected.

A live webcast of the conference call and an online replay of the conference call can be found on the Company’s investor website at https://investor.encompasshealth.com.

About Encompass Health
As a national leader in integrated healthcare services, Encompass Health (NYSE: EHC) offers both facility–based and home–based patient care through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. With a national footprint that includes 137 hospitals, 241 home health locations, and 82 hospice locations in 39 states and Puerto Rico, the Company provides high–quality, cost-effective integrated healthcare. Encompass Health is ranked as one of Fortune’s 100 Best Companies to Work For. For more information, visit encompasshealth.com, or follow us on our newsroom, Twitter and Facebook.

Media Contact:

Hillary Carnel | 205 970-5912
[email protected]

Investor Relations Contact:

Crissy Carlisle | 205 970-5860
[email protected]  

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/encompass-health-announces-date-of-2021-first-quarter-conference-call-301257003.html

SOURCE Encompass Health Corp.

IIROC Trading Halt – RGO.X

Canada NewsWire

VANCOUVER, BC, March 29, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Range Energy Resources Inc.

CSE Symbol: RGO.X

All Issues: Yes

Reason: At the request of the Company Pending News

Halt Time (ET): 7:45 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Altius Resources Inc. Acquisition of Common Shares of Orogen Royalties Inc.

Altius Resources Inc. Acquisition of Common Shares of Orogen Royalties Inc.

ST. JOHN’S, Newfoundland and Labrador–(BUSINESS WIRE)–Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) reports that its subsidiary Altius Resources Inc, (“Altius Resources”) announced today that it has acquired ownership of an aggregate of 4,541,500 common shares (“Common Shares”) of Orogen Royalties Inc. (TSXV: OGN) (“Orogen”), with its head office at 1201-510 West Hastings Street Vancouver, BC V6B 1L8. The Common Shares were acquired by Altius Resources on the TSX Venture Exchange on the following dates: (i) on March 22, 2021, Altius Resources acquired 56,000 Common Shares and 133,000 Common Shares at $0.325 and $0.32874 per share, respectively; (ii) on March 23, 2021, Altius Resources acquired 127,000 Common Shares at $0.33677 per share; (iii) on March 24 2021, Altius Resources acquired 123,000 Common Shares at $0.32748 per share, (iv) on March 25, 2021, Altius Resources acquired 102,500 Common Shares at $0.32115 per share; and (v) on March 26, 2021, Altius Resources acquired 4,000,000 Common Shares at $0.3589 per share, for an aggregate purchase price of $1,613,490.13 (collectively, the “Acquisition”).

The Common Shares acquired by Altius Resources pursuant to the Acquisition represent an increase in Altius Resources’ holdings of the Common Shares of approximately 2.57%. Immediately prior to the Acquisition, Altius Resources owned 21,323,515 Common Shares representing approximately 12.045% of the issued and outstanding common shares of Orogen. Upon completion of the Acquisition, Altius Resources owns 25,865,015 Common Shares representing approximately 14.615% of the issued and outstanding common shares of Orogen.

Altius Resources acquired the Common Shares for investment purposes only, and depending on market and other conditions, Altius Resources may from time to time in the future increase or decrease its ownership, control or direction over securities of Orogen, through market transactions, private agreements, or otherwise.

In satisfaction of the requirements of National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, an early warning report respecting the acquisition of the Common Shares by Altius Resources has been filed under Orogen’s SEDAR Profile at www.sedar.com.

The head office of Altius is located at 38 Duffy Place, 2nd Floor, St John’s, NL A1B 4M5. For further information regarding this share acquisition by Altius, please contact Chad Wells, Vice-President, Business Development, Altius Minerals Corporation, Tel. 1-877-576-2206.

About Altius

Altius’s strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altius’s commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 41,477,653 common shares issued and outstanding that are listed on Canada’s Toronto Stock Exchange. It is a member of both the S&P/TSX Small Cap and S&P/TSX Global Mining Indices.

Chad Wells

Email: [email protected]

Tel: 1.877.576.2209

Flora Wood

Email: [email protected]
Tel: 1.877.576.2209

Direct: +1(416)346.9020

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Natural Resources Other Natural Resources Mining/Minerals

MEDIA:

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