Market Newsdesk

Draganfly to Showcase its Health Security and Telehealth Technologies

Los Angeles, CA, Jan. 07, 2021 (GLOBE NEWSWIRE) — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading manufacturer and systems developer, is pleased to announce that it will be attending this year’s Consumer and Electronics Show taking place virtually January 11-14, 2021.

Draganfly will be featuring its Vital Intelligence system which can enable existing camera systems or cameras on kiosks, drones, tables and smartphones to measure vital signs as well as its Varigard 24hr pathogen sequestration and kill sanitizing spray applied via patented drone.

“We are very proud to be bringing Draganfly to CES this year,” said Cameron Chell, CEO of Draganfly. “CES is rooted in technology innovation. Draganfly is excited to showcase our innovations which we rolled out through the National Safely Opening Site and National Safely Opening Schools COVID-19 safety protocol. This included the development of our Vital Intelligence health-tech, our drone vaccination delivery and our 24-hour sequestration sanitizer delivered to stadiums, arenas, malls and conference centers delivered by drone.”

Draganfly will provide a live demo of its Vital Intelligence technology on January 13, 2021 at 130PM PST/430PM EST. Click here to register.

Cameron Chell, Draganfly CEO will discuss how the Draganfly Vital Intelligence technology was designed and implemented for Alabama State University. Draganfly worked with Dr. Quinton T. Ross Jr, President of ASU, and local senators to help reopen the campus in September, 2020 when COVID19 outbreaks on campuses across the United States were at an all-time high.

Dr. Jack Chow, Former US Ambassador and Assistant Director-General of the World Health Organization on Infectious Disease and current Draganfly Board of Advisors member, will address the current Global Pandemic scenario and the important role of Draganfly within public facilities.

Dr. Javaan Chahl, Defense science and technology chair at the University of South Australia and Chief Scientist for Draganfly’s Vital Intelligence platform, will provide a live demo of the Draganfly Vital Sign Assessment technology which provides a quick, non-invasive (contactless) and anonymous measurement of an elevated body temperature and, with voluntary consent, heart rate, respiratory rate, blood oxygenation all from a camera that takes seconds to capture.

Derek Anderson, a member of the Draganfly Board of Advisors, CEO of Stamina Inc., author, philanthropist, NCAA & NBA Champion 2019, will talk about how Draganfly’s Vital Intelligence can help get employees, players, staff and fans back into arenas.

Click here
to access Draganfly’s virtual booth at CES and speak with one of our team members.

About Draganfly

Draganfly Inc. (CSE: DFLY; OTCQB: DFLYF; FSE: 3U8) is the creator of quality, cutting-edge software and systems that revolutionize the way organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 22 years, Draganfly is an award-winning, industry-leading manufacturer and technology developer serving the public safety, agriculture, industrial inspections, security, and mapping and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

For more information on Draganfly, please visit us at www.draganfly.com.
For additional investor information, visit https://www.thecse.com/en/listings/technology/draganfly-inc, https://www.otcmarkets.com/stock/DFLYF/overview or https://www.boerse-frankfurt.de/aktie/draganfly-inc.

Media Contact
Arian Hopkins
email: [email protected]

Company Contact
Email: [email protected]

Forward-Looking Statements

This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎‎‎information” as ‎defined under applicable Canadian securities laws. Forward-looking statements ‎‎‎‎‎‎and information can ‎generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎‎‎“may”, “will”, “expect”, ‎‎“intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎‎‎terminology. Forward-looking ‎statements and information are based on forecasts of future ‎‎‎‎‎‎results, estimates of amounts not yet ‎determinable and assumptions that, while believed by ‎‎‎‎‎‎management to be reasonable, are inherently ‎subject to significant business, economic and ‎‎‎‎‎‎competitive uncertainties and contingencies. Forward-‎‎‎‎looking statements and information are ‎subject ‎to ‎various known and unknown risks and ‎‎‎‎uncertainties, many of which are beyond the ‎ability of ‎the ‎Company to control or predict, that ‎‎‎‎may cause the Company’s actual results, ‎performance or ‎‎achievements to be materially different ‎‎‎‎from those expressed or implied thereby, ‎and are ‎developed ‎based on assumptions about such ‎‎‎‎risks, uncertainties and other factors set ‎out here ‎in, including but not ‎limited to: the potential ‎‎‎‎impact of epidemics, pandemics or other ‎public ‎health crises, including the ‎current outbreak of ‎‎‎‎the novel coronavirus known as COVID-19 ‎on the ‎Company’s business, operations ‎and financial ‎‎‎‎condition, the successful integration of ‎‎technology, the inherent risks involved in the ‎general ‎‎‎‎securities markets; uncertainties relating to ‎‎the availability and costs of financing needed in the ‎‎‎‎‎future; the inherent uncertainty of cost ‎‎estimates and the potential for unexpected costs and ‎‎‎‎expenses, ‎currency fluctuations; regulatory ‎‎restrictions, liability, competition, loss of key ‎‎‎‎employees and other ‎related risks and uncertainties ‎‎disclosed under the heading “Risk Factors“ ‎‎‎‎in the Company’s most ‎recent filings filed with ‎‎securities regulators in Canada on the SEDAR ‎‎‎‎website at www.sedar.com. The ‎Company ‎‎undertakes no obligation to update forward-looking ‎‎‎‎information except as required by ‎applicable ‎‎law. Such forward-looking information represents ‎‎‎‎managements’ best judgment based on ‎‎‎information currently available. No forward-looking ‎‎‎‎statement can be guaranteed and actual ‎‎future ‎results may vary materially. Accordingly, readers ‎‎‎‎are advised not to place undue reliance ‎‎on forward-‎looking statements or information.‎

Philadelphia, PA, Jan. 07, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Pennexx Foods Inc. (PNNX) announces it is working toward renaming itself to Pennexx Technologies Inc. 

It is felt Pennexx Technologies Inc. is more befitting a technology company able to serve a multitude of industries.  Adding the word “Technology”, while eliminating the word “Food” represents our distinction, our identity and our passion as a technology industry.

Pennexx Foods Inc. acquired https://YourSocialOffers.com(YSO), a rapidly growing social media marketing platform, and has successfully transformed itself into a technology company with ongoing revenue and unmatched technology. 

https://www.noobpreneur.com/2015/07/29/5-reasons-why-your-business-name-is-important-to-its-success/
 states the five most important reasons for choosing a business name for success are: 1. It sets the scene, 2. It informs your market, 3. It defines your business, 4. It helps direct your business, and 5. It motivates you as a company. 

Pennexx’s mission statement is; “To empower businesses with unique and affordable solutions, consumers with ubiquitous shopping options, and philanthropic opportunities for all.”

The process of renaming the company will include completing the necessary steps to gain approval from regulators, industry watchdogs and the OTC Market. This includes approval from the State of Pennsylvania, FINRA, and the SEC. It is unknown the amount of time that it will take to complete the name change process.

Vincent Risalvato, CEO of Pennexx, said, “The company has an exciting future ahead and while the name doesn’t make the company, I feel it is symbolic that we are changing the name and doing so many great things in 2021.” 

For More Information

Pennexx will do their best to openly and publicly answer your questions and concerns via social media on Twitter https://twitter.com/pennexx @pennexx or you may email [email protected].

You may also follow them on Twitter; Ms. Sunny Sweet (@sunnysweettweet) https://twitter.com/sunnysweettweet, and Joe Candito (@jcandito) https://twitter.com/jcandito. 

About Pennexx Foods Inc.

About Pennexx Foods Inc. (PNNX: OTCMKTS US). Pennexx, through its wholly-owned subsidiaries, is a holding company within the Software/Internet Industry focused on social media, prepaid debit cards, BitGift™, artificial intelligence, targeted marketing, and consumer rewards.

 Safe Harbor Act: This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report.

For additional information, you may also visit our website at https://yoursocialoffers.com or https://pennexx.net or call 866-928-6409. Please follow us on Twitter @Pennexx.

SALT LAKE CITY, Jan. 07, 2021 (GLOBE NEWSWIRE) — Strengthening its commitment to make its entire line of award-winning professional audio, video, collaboration and AV Networking solutions available to the widest possible customer base, ClearOne (NASDAQ: CLRO), a global provider of audio and visual communications solutions, today announced the appointment of ADI Global Distribution to serve as a distribution partner in the United States.

“The United States market for professional grade audio, video and collaboration solutions is growing and expanding at a dramatic rate,” ClearOne Chair and CEO Zee Hakimoglu said today.  “Professionals in all fields are adjusting to the permanent reality of a distributed/hybrid work and learning environment and they are demanding the tools that will put them in the best possible light when communicating and collaborating with their peers.  ADI has the deep reach across all verticals to help us present our solutions to the largest possible audience of corporations and professionals.”

Commenting on partnership, ADI Global Vice President of Business Development Cynthia Menna said, “ClearOne has long set the benchmark for quality for enterprises that seek the very best audio, video and collaboration solutions.  Now, these solutions can be made available to our entire network of professional contractors, dealers and installers and, through them, to large and small companies, schools and remote working professionals.  We are excited to be able to offer ClearOne to our customers.”

The breadth and depth of ADI’s selection offers customers great prices on products from various categories, including Smart Home, Fire, Video Surveillance, Residential and Commercial AV, Enterprise Connectivity, Networking, Structured Wiring, Tools and Cable, Intrusion and Communications. Inventory is available for prompt delivery, including same-day delivery on in-stock products in some locations, or fast branch pickup options. ADI also delivers expert advice every day on products and specific individual project needs, project registration to help our customers win more bids, IP programming on cameras and other products and complete systems design assistance for installations and large projects. ADI’s dedication to helping customers succeed extends to education; ADI hosts seminars and training events year-round, including the industry’s largest one-day training, product and sales event, the ADI Expo Series.

About ADI Global

ADI Global Distribution is the industry’s leading global distributor of security, AV, and low-voltage products with more than 2.8 billion dollars in net sales and more than 200 locations in 19 countries. For more than 25 years, professional contractors, dealers and installers have relied on ADI for products and solutions as well as knowledge and support for projects and value-added services like industry training.  Learn more at www.adiglobal.com

About ClearOne

ClearOne is a global market leader enabling conferencing, collaboration, and network streaming solutions. The performance and simplicity of its advanced, comprehensive solutions offer unprecedented levels of functionality, reliability, and scalability. Visit ClearOne at www.clearone.com.

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BOCA RATON, Fla., Jan. 07, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announces today the closing of its previously announced overnight marketed offering (the “Offering”) of an aggregate of 6,210,000 subordinate voting shares (the “Offered Securities”) at a price of C$6.50 per share for total gross proceeds of approximately C$40,365,000, which includes the full exercise of the over-allotment option granted to the underwriters.

The Offered Securities were offered in each of the Provinces of Canada, other than Québec pursuant to a prospectus supplement to the Company’s base shelf prospectus dated October 9, 2020 (the “Prospectus”) and in the United States on a private placement basis to “qualified institutional buyers” pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act”). 

The Company intends to use the net proceeds of the Offering for working capital and general corporate purposes, including the use of up to 33% of the net proceeds to partially repay certain of the Company’s outstanding senior secured notes ‎in accordance with their terms‎.

Canaccord Genuity Corp. and Beacon Securities Limited acted as the co-lead underwriters for the Offering.

“I’m thrilled with the support we continue to receive from our shareholders. With this financing complete, we have a strong balance sheet to further accelerate our revenue growth and profitability as we enter 2021,” said Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi. “The opportunity in the legal U.S. cannabis industry is immense, and Jushi is strategically positioned with both the capital and talent to expand in the highest quality markets as we continue to build our business.”

As a result of the successful completion of the Offering, the Company has, as of the date hereof, (i) 138,606,064 subordinate voting shares issued and outstanding, and (ii) 246,792,034 shares issued and outstanding on an as-converted and fully-diluted basis. In connection with the acceleration of certain warrants announced on December 24, 2020, the Company anticipates the exercise of an additional 2,723,750 warrants which would result in a total of 141,329,814 subordinate voting shares issued and outstanding as of January 25, 2021.

Copies of the Prospectus may be obtained on SEDAR at www.sedar.com and from Canaccord Genuity Corp., 161 Bay Street, Suite 3000, Toronto, ON M5J 2S1. The Prospectus contains important detailed information about the Company and the Offering. Prospective investors should read the Prospectus and the other documents the Company has filed on SEDAR at www.sedar.com before making an investment decision.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The subordinate voting shares have not been and will not be registered under the U.S. Securities Act or any state securities laws. Accordingly, the Offered Securities may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Jushi Holdings
Inc.

We are a vertically integrated cannabis company led by an industry leading management team. In the United States, Jushi is focused on building a multi-state portfolio of branded cannabis-derived assets through opportunistic acquisitions, distressed workouts, and competitive applications. Jushi strives to maximize shareholder value while delivering high quality products across all levels of the cannabis ecosystem. For more information, please visit www.jushico.com or our social media channels, Instagram, Facebook, Twitter, and LinkedIn.

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, including statements with respect to closing of the Offering and the use of proceeds thereof. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current conditions but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, involve estimates, projections, plans, goals, forecasts and assumptions that may prove to be inaccurate. As a result, actual results could differ materially from those expressed by such forward-looking statements and such statements should not be relied upon. 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”.

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 certain expectations and 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: the actual use of the net proceeds of the Offering, risks identified in the Company’s reports and filings with the applicable Canadian securities regulators, including, without limitation, all risks included in and incorporated by reference in the Prospectus, the ability of Jushi to successfully achieve its business objectives, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; and compliance with extensive government regulation, as well as other risks and uncertainties which are more fully described in the Company’s Management, Discussion and Analysis for the three months ended September 30, 2020, and other filings with securities and regulatory authorities which are available at www.sedar.com. 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.

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.

Not for distribution to United States newswire services or for dissemination in the United States.

For further information, please contact:

Investor Relations Contact:

Michael Perlman
Executive Vice President of Investor Relations and Treasury
561-281-0247
[email protected]

Media Contact:

Ellen Mellody
MATTIO Communications
570-209-2947
[email protected]

Austin, Texas, Jan. 07, 2021 (GLOBE NEWSWIRE) — Lightspeed Systems® (Lightspeed), the leading K-12 online safety and effectiveness solutions provider, was honored today with a spot on Built In’s esteemed Best Places to Work in Austin list for 2021. Lightspeed was selected based on its benefits, cultural programs, remote opportunities, and programs for diversity, equity, and inclusion.  

“These companies raise the bar for cultural excellence and the ability to adapt to meet changing needs of employees,” says Sheridan Orr, Chief Marketing Officer, Built In. “The 2021 winners show a commitment not just to creating meaningful cultures but to delivering talent needs as they change in a dynamic landscape. We’re thrilled to extend our congratulations to the winners.”   

Since 1999, Austin-based Lightspeed Systems has pioneered online safety and effectiveness solutions designed for schools, growing a team of over 150 passionate, collaborative, and mission-driven individuals along the way. The Lightspeed team spans from its headquarters in Austin to its office in the U.K., with remote employees across the U.S.  

“We are thrilled to be honored in Built In’s Best Places to Work in Austin Awards,” shares Brian Thomas, President & CEO, Lightspeed Systems. “Our team has shown incredible grit and commitment to the ever-evolving needs of our K-12 customers, and we take pride in creating a collaborative, dynamic, and inclusive environment to foster their growth and show our appreciation for their dedication.”  

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About Built In’s Best Places to Work 
 

Built In’s esteemed Best Places to Work awards, now in its third year, honor companies across numerous categories: 100 Best Places to Work, 50 Best Small Places to Work, 100 Best Midsize Places to Work, 50 Companies with the Best Benefits and 50 Best Paying Companies. Two new national categories reflect what candidates are searching for, including 100 Best Large Companies to Work For and 50 Best Remote-First Places to Work. 

About Lightspeed Systems
 

With over 20 years providing technology to meet the needs of schools, Lightspeed Systems is the pioneer and market leader in online student safety and effectiveness. The purpose-built Lightspeed ecosystem of cloud-based solutions – tailored to meet today’s evolving challenges – provides schools worldwide with reliable filtering, analytics, and device management tools for school leaders and educators. Lightspeed Systems is a proven partner for schools, serving over 20 million students in 39 countries and 28,000 schools globally, including 6,500 school districts in the United States. 

To learn more, visit lightspeedsystems.com. 

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