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Ideal Power Whitepaper: Significant B-TRAN™ Benefits in Numerous Electric Vehicle, Renewable Energy, Data Center Applications

AUSTIN, Texas, Jan. 21, 2021 (GLOBE NEWSWIRE) — Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, has posted to its website a whitepaper, “B-TRAN™ Applications and Benefits”. The whitepaper describes how its patented, proprietary, bi-directional semiconductor power switch architecture, Bi-directional Bipolar Junction Transistor (B-TRAN™), drives performance, efficiency and cost savings in key emerging and mature markets.

B-TRAN™ is expected to benefit multiple applications in large segments of its $6 billion total addressable market, including:

– Electric Vehicles ($1.5 billion segment with 15% forecasted annual growth)
  Power semiconductors account for approximately 20% of the total electric power losses of hybrid EVs and potentially more of the losses in an EV.
    º Powertrain and On-Board Battery Charger: Due to its lower switching and conduction losses, B-TRAN™ is expected to increase drive cycle efficiency, directly resulting in an increase in the range of the EV and/or a reduction in the battery size. Further, due to its bi-directional operation, B-TRAN™-based chargers enable vehicle-to-grid, or V2G, technology allowing consumers to monetize exported power to the grid during times of peak energy demand.
    º Fast (Off-Board) Battery Charger: It is forecasted that 1 million new fast charging systems will be installed globally in the next 5 years. B-TRAN™ can improve charging efficiency through 50% lower losses, improving the economics for the charging station and potentially shortening charging time for the vehicle owner. When the chargers are paired with buffer batteries, B-TRAN’s bi-directionality can provide additional improvements in charging station efficiency and operating cost.
– Solar and Wind (Renewable) Energy ($1.1 billion segment with 12% forecasted annual growth)
  Inverters for solar and wind systems utilizing B-TRAN™s could approach 99% efficiency resulting in more usable electricity at lower costs to consumers. When renewables are coupled with battery energy storage, the bi-directionality of B-TRAN™ offers further advantages, including significant round-trip efficiency improvements in the battery charge / discharge cycle.
– Data Center Uninterruptible Power Supplies (UPS) ($0.5 billion with 6% forecasted annual growth)
  The largest operating cost for a data center is electricity consumption. All of the electricity entering a data center passes through a UPS system, which accounts for approximately 6% of data center total energy losses. Replacing insulated-gate bipolar transistors (IGBTs) currently in UPS systems with B-TRAN™ could increase efficiency from 90% to 95%, generating substantial annual cost savings for data centers through reduced energy consumption and lower cost, less complex cooling systems.

The whitepaper may be found on Ideal Power’s website at: https://www.idealpower.com/technology/.

About Ideal Power Inc.
Ideal Power (NASDAQ: IPWR) is pioneering the development of its broadly patented bi-directional power switches, creating highly efficient and ecofriendly energy control solutions for industrial, alternative energy, military and automotive applications. The Company is focused on its patented Bi-directional, Bi-polar Junction Transistor (B-TRAN™) semiconductor technology. B-TRAN™ is a unique double-sided bi-directional AC switch able to deliver substantial performance improvements over today’s conventional power semiconductors. Ideal Power believes B-TRAN™ modules will reduce conduction and switching losses, complexity of thermal management and operating cost in medium voltage AC power switching and control circuitry. For more information, visit www.IdealPower.com.

Ideal Power Investor Relations Contact: 
LHA Investor Relations
Carolyn Capaccio, CFA; Keith Fetter
T: 212-838-3777
[email protected]



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Planet Ventures’ Subsidiary, 1st Eleven UK, Announces Guido Grinbaum, Serial Entrepreneur & Managing Partner of WABI-YOP Joins 1st Eleven Advisory Board

VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) — ​Planet Ventures Inc. (​TSX-V: PXI; OTC: PNXPF; FSE: P6U1​) (“​Planet” ​or the “​Company​”) is pleased to announce 1st Eleven Limited, a wholly owned subsidiary of Planet Ventures Inc., has brought on Guido Grinbaum to its advisory board.

Guido is serial and successful entrepreneur with over 21 years incubating successful digital businesses in Latin America and India.

Flavio Maria 1st11 COO said, “I’m pleased to announce Guido has agreed to join 1st11’s advisory board. His track record is one of distinction and excellence, he is a brilliant and successful entrepreneur who has built and sold a number of profitable technology companies. As we continue to build 1st11 into an International entertainment business, Guido’s expertise adds a rich vein of knowledge to assist with the company’s expansion plans.”

Guido was a Managing Partner of Wabi-YOP, a Marketplace with operations in 9 Countries across Latin America, and 8 countries in Europe, Asia and Africa. Guido Grinbaum is an Engineer from UBA and holds a Master’s in Finance from UCEMA. Between 1987 and 1999 he served as Marketing Manager for Unilever Argentina and Director of Marketing and Operations for Pepsi in Latin America.

Since 1999 he has focused on the development of digital companies and founded several companies: Including successfully selling a number of Latin American companies such as DeRemate.com, sold to MercadoLibre in 2008, DineroMail, sold to Naspers in 2012, ZonaProp and ZonaJobs, sold to Navent Tiger investment in 2014. Other companies he founded were DeMotores, sold to CarSales in 2015, Covedisa, sold to Grupo La Nación in 2016.

Baazee.com, a Marketplace founded in year 2000 in India was sold to eBay in 2004.  

In addition, Guido served as Director of the Coca-Cola Retail Innovation Council between 2012 and 2017 and Served as CEO of leading Argentine media La Nacion Digital between 2006 and 2014.

In 2015 he was the founder of YOP App, a Brazilian Marketplace which received funding from Kaszek Ventures and Tiger Group. He is an investor in several startups and participates as an active Board member in a number of his investments.

Guido said: “I fell in love with 1st11’s vision and that’s why I decided to accept the advisory board position. Their concept of bringing together game creators, sports stars and fans is a unique proposition that will change the way of playing and interaction between players, bringing imagination and passion for digital games and sports. Product is Key and I’m sure 1st11’s offering will be a unique offering that adds apparitions to players and digital gaming as it is known today.”

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Planet Ventures Inc.

Planet is an investment issuer listed on the TSXV, that is focused on investing in disruptive companies and industries that have high growth potential. Planet’s unique portfolio driven investment policies provide its investors with access to emerging and high-growth opportunities while shielding them from any formidable downside.

For more information, please visit Planet’s website: https://planetventuresinc.com/

ON BEHALF OF THE BOARD

“

Zula Kropivnitski

”

Zula Kropivnitski

Chief Financial Officer and Director

Peter Glancy, CEO of 1st11
[email protected]

INVESTOR RELATIONS CONTACT

PLANET VENTURES INC.
Tel: (604) 681-0084
Email: [email protected]

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Willdan Publishes Inaugural Sustainability Report

Willdan Publishes Inaugural Sustainability Report

ANAHEIM, Calif.–(BUSINESS WIRE)–
Willdan Group, Inc. (NASDAQ: WLDN), an industry-leading electric grid solutions provider, engineering firm, and sustainability consultant, recently published its inaugural Sustainability Report. This report will be updated and published on an annual basis.

“Climate change mitigation is embedded in Willdan’s DNA and our work tackles this essential challenge every day,” said Tom Brisbin, Chairman and Chief Executive Officer. “Our teams design, lead, and support projects that help customers reduce their carbon intensity to become cleaner, more sustainable organizations.”

Willdan is committed to environmental stewardship; the health, welfare, and development of its employees; and the support of its local communities. This report is Willdan’s first step toward monitoring, reporting, and improving its environmental, social and governance performance. The full Willdan Sustainability Report is available at http://willdan.com/sustainability/Willdan_SustainabilityReport2020.pdf. Any questions related to Willdan’s sustainability policies, initiatives and performance, may be sent to [email protected].

About Willdan

Willdan is a nationwide provider of professional technical and consulting services to utilities, government agencies, and private industry. Willdan’s service offerings span a broad set of complementary disciplines that include electric grid solutions, energy efficiency and sustainability, engineering and planning, and municipal financial consulting. For more information, visit Willdan’s website at www.willdan.com.

Forward-Looking Statements

Statements in this press release that are not purely historical, including statements regarding Willdan’s intentions, hopes, beliefs, expectations, representations, projections, estimates, plans, or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties including, but not limited to, the risk that Willdan will not be able to reduce costs and preserve liquidity to maintain its operations during the continuation of this pandemic nor be able to resume its growth trajectory once pandemic-related restrictions are lifted and the economy begins to recover. It is important to note that Willdan’s actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the ultimate impact of the COVID-19 pandemic on Willdan’s results, prospects, and opportunities; Willdan’s ability to adequately complete projects in a timely manner; Willdan’s ability to compete successfully in the highly competitive energy efficiency services market; changes in state, local, and regional economies and government budgets; Willdan’s ability to win new contracts, to renew existing contracts, and to compete effectively for contract awards through bidding processes; and Willdan’s ability to successfully integrate its acquisitions and execute on its growth strategy. Willdan’s business could be affected by a number of other factors, including the risk factors listed from time to time in Willdan’s reports filed with the Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 10-K filed for the year ended December 27, 2019. Willdan cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Willdan disclaims any obligation to, and does not undertake to, update or revise any forward-looking statements in this press release.

Stacy McLaughlin

Chief Financial Officer

[email protected]

Al Kaschalk

VP Investor Relations

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Energy Utilities Environment Energy Consulting Engineering Professional Services Manufacturing

MEDIA:

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Rare Element Resources Named U.S. Department of Energy Funding Recipient for Rare Earth Separation and Processing Demonstration Project

Rare Element Resources Named U.S. Department of Energy Funding Recipient for Rare Earth Separation and Processing Demonstration Project

DoE selects General Atomics and Rare Element consortium for $21.9 million in funding to advance commercial grade demonstration project

LITTLETON, Colo.–(BUSINESS WIRE)–Rare Element Resources Ltd. (the “Company”) (OTCQB: REEMF) is pleased to announce that formal notice has been received from the U.S. Department of Energy (“DoE”) that General Atomics, an affiliate of Synchron, the Company’s largest shareholder, along with Rare Element Resources, Inc. (“RER”), a wholly-owned subsidiary of the Company, have been selected to enter negotiations in relation to a financial award under the Critical Materials Funding Opportunity Announcement (“FOA”) for the engineering, construction and operation of a rare earth separation and processing demonstration plant.

RER, along with partners General Atomics and affiliates, and LNV, an Ardurra Group, Inc. Company, as engineering and construction subcontractor, submitted a formal proposal to the DoE in response to a published FOA in mid-2020 for the construction and operation of a rare earth separation and processing plant utilizing proprietary technology to produce commercial grade products. The DoE funding represents one-half of the total estimated costs for the project and is contingent upon the negotiation of mutually agreeable documents which is expected to be completed within 60-90 days.

Randall Scott, President and CEO of the Company, stated, “We are very pleased that the Department of Energy has taken decisive action to advance a domestic rare earth supply chain through the Advanced Manufacturing Office’s funding initiatives and now has selected our team’s proposal as a critical materials large scale project. We stand ready to meet all the pre-award requirements to finalize the financial award within the coming weeks. Once this is completed, we will progress our team’s plans for the timely design, construction and operation of the plant, utilizing our proprietary technology.” Mr. Scott added, “This funding evidences the federal government’s commitment to secure an American supply chain as we face Chinese dominance in the rare earth market. The Company remains focused on being the next domestic rare earth producer, and the DoE funding will provide key support to advance this goal through this demonstration project.”

The demonstration plant will process the already stockpiled high-grade ore from RER’s Wyoming Bear Lodge Project. The Company anticipates that, once funding is secured, the demonstration plant design will be finalized and followed by construction within a period of 18-24 months. Operations to process and separate rare earth elements from the stockpiled ore will follow for an additional 12-month period.

Synchron, UIT and General Atomics are privately held companies engaged in the development and production of advanced technology products and systems for the energy and defense sectors.

Rare Element Resources Ltd. is a publicly traded, strategic materials company focused on delivering rare earth products for technology, energy and defense applications by advancing the Bear Lodge Critical Rare Earth Project in northeast Wyoming. Bear Lodge is a significant mineralized district containing many of the less common, more valuable, critical rare earths that are essential for high-strength permanent magnets, electronics, fiber optics, laser systems for health and defense, as well as many technologies like electric vehicles, solar panels and wind turbines.

Please contact Randy Scott at +1 720-278-2460 or [email protected], for additional information.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of securities legislation in the United States and Canada. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward-looking statements are usually identified by our use of certain terminology, including “will,” “believes,” “may,” “expects,” “should,” “seeks,” “anticipates,” “plans,” “has potential to,” or “intends,” or by discussions of strategy or intentions. Such forward-looking statements include statements regarding the negotiation of definitive documents in relation to the award for the engineering, construction and operation of the demonstration plant, the expected timing for such negotiations, plans and timing for the financing, design, construction, and operation of the plant, and the Company’s goal of being the next domestic rare earth producer. Factors that could cause actual results to differ materially include, but are not limited to, the ability of the parties to negotiate definitive documents, the ability of the Company to secure additional funding for the demonstration plant, the ability to obtain demonstration plant licensing, successful further permitting activities for the Bear Lodge Project, the availability of sufficient capital for the future development and operations of the Company, and other matters discussed under the caption “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and our other periodic and current reports filed with the U.S. Securities and Exchange Commission (the “SEC”) and available on www.sec.gov and with the Canadian securities commissions available on www.sedar.com. There can be no assurance that future developments affecting the Company will be those anticipated by management. Please refer to the discussion of these and other uncertainties and risk factors set out in our filings made from time to time with the SEC and the Canadian regulators, including, without limitation, our reports on Form 10-K and Form 10-Q. Any forward-looking statement made by us in this news release is based only on information currently available to us and speaks only as of the date on which it is made. While we may elect to update our forward-looking statements at any time, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Randy Scott

+1 720-278-2460

[email protected]

KEYWORDS: Africa Australia/Oceania United States Canada North America Australia Nevada Colorado Idaho Wyoming

INDUSTRY KEYWORDS: Natural Resources Other Natural Resources Mining/Minerals

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Griffon Corporation Schedules Conference Call to Discuss First Quarter Financial Results

Griffon Corporation Schedules Conference Call to Discuss First Quarter Financial Results

NEW YORK–(BUSINESS WIRE)–
Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today announced it will release the Company’s fiscal first quarter results on Thursday, January 28, 2021, followed by a conference call at 8:30 AM ET.

The call can be accessed by dialing 1-877-407-0792 (U.S. participants) or 1-201-689-8263 (International participants). Callers should ask to be connected to the Griffon Corporation teleconference or provide conference ID number 13715112. Participants are encouraged to dial-in at least 10 minutes before the scheduled start time.

A replay of the call will be available starting on Thursday, January 28, 2021 at 11:30 AM ET by dialing 1-844-512-2921 (U.S.) or 1-412-317-6671 (International), and entering the conference ID number: 13715112. The replay will be available through Thursday, February 11, 2021 at 11:59 PM ET.

About Griffon Corporation

Griffon is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. In order to further diversify, Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital.

Griffon currently conducts its operations through three reportable segments:

  • Consumer and Professional Products (“CPP”) conducts its operations through The AMES Companies, Inc. (“AMES”). Founded in 1774, AMES is the leading North American manufacturer and a global provider of branded consumer and professional tools and products for home storage and organization, landscaping, and enhancing outdoor lifestyles. CPP sells products globally through a portfolio of leading brands including True Temper, AMES, and ClosetMaid.
  • Home and Building Products (“HBP”) conducts its operations through Clopay Corporation (“Clopay”). Founded in 1964, Clopay is the largest manufacturer and marketer of garage doors and rolling steel doors in North America. Residential and commercial sectional garage doors are sold through professional dealers and leading home center retail chains throughout North America under the brands Clopay, Ideal, and Holmes. Rolling steel door and grille products designed for commercial, industrial, institutional, and retail use are sold under the CornellCookson brand.
  • Defense Electronics conducts its operations through Telephonics Corporation, founded in 1933, a globally recognized leading provider of highly sophisticated intelligence, surveillance and communications solutions for defense, aerospace and commercial customers.

For more information on Griffon and its operating subsidiaries, please see the Company’s website at www.griffon.com.

Griffon Corporation:

Brian G. Harris, 212-957-5000

SVP & Chief Financial Officer

Investor Relations:

Michael Callahan, 203-682-8311

Managing Director, ICR Inc.

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Genprex to Present its Cutting-Edge Gene Therapies at the MoneyShow Accredited Investors Virtual Expo

Genprex to Present its Cutting-Edge Gene Therapies at the MoneyShow Accredited Investors Virtual Expo

Presentation to Highlight Company’s Recent Advancements on its Upcoming Clinical Trials for the Treatment of Non-Small Cell Lung Cancer

AUSTIN, Texas–(BUSINESS WIRE)–Genprex, Inc. (“Genprex” or the “Company”) (NASDAQ: GNPX), a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes, today announced that the Company will present at the MoneyShow Accredited Investors Virtual Expo taking place virtually January 26-28, 2021. Genprex’s President and Chief Executive Officer, Rodney Varner, will virtually deliver a company overview, including recent progress made on its upcoming clinical trials, to participating investors on Thursday, January 28.

Event: MoneyShow Accredited Investors Virtual Expo

Presentation Date: Thursday, January 28

Presentation Time: 12:25 p.m. EST

Registration Link: http://bit.ly/3p0yJOl

The presentation will be available for replay on the Company’s website (www.genprex.com) for a period of time following the conference, and the video will be archived on MoneyShow.com.

About Genprex, Inc.

Genprex, Inc. is a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes. Genprex’s technologies are designed to administer disease-fighting genes to provide new therapies for large patient populations with cancer and diabetes who currently have limited treatment options. Genprex works with world-class institutions and collaborators to develop drug candidates to further its pipeline of gene therapies in order to provide novel treatment approaches. The Company’s lead product candidate, REQORSA™ (quaratusugene ozeplasmid), is being evaluated as a treatment for non-small cell lung cancer (NSCLC). REQORSA has a multimodal mechanism of action that has been shown to interrupt cell signaling pathways that cause replication and proliferation of cancer cells; re-establish pathways for apoptosis, or programmed cell death, in cancer cells; and modulate the immune response against cancer cells. REQORSA has also been shown to block mechanisms that create drug resistance. In January 2020, the U.S. Food and Drug Administration granted Fast Track Designation for REQORSA for NSCLC in combination therapy with osimertinib (AstraZeneca’s Tagrisso®) for patients with EFGR mutations whose tumors progressed after treatment with osimertinib alone.

For more information, please visit the Company’s web site at www.genprex.com or follow Genprex on Twitter, Facebook and LinkedIn.

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding the effect of Genprex’s product candidates, alone and in combination with other therapies, on cancer and diabetes, regarding potential, current, regarding the Company’s future growth and financial status and regarding our commercial partnerships and intellectual property licenses. Risks that contribute to the uncertain nature of the forward-looking statements include the presence and level of the effect of our product candidates, alone and in combination with other therapies, on cancer; the timing and success of our clinical trials and planned clinical trials of REQORSA™ immunogene therapy drug, alone and in combination with targeted therapies and/or immunotherapies, and whether our other potential product candidates, including GPX-002, our gene therapy in diabetes, advance into clinical trials; the success of our strategic partnerships, including those relating to manufacturing of our product candidates; the timing and success at all of obtaining any FDA approvals of REQORSA and our other potential product candidates including whether we receive necessary approvals to commence clinical trials or benefit from fast track or similar regulatory designations; costs associated with developing our product candidates, whether we identify and succeed in acquiring other technologies and whether patents will ever be issued under patent applications that are the subject of our license agreements or otherwise. These and other risks and uncertainties are described more fully under the caption “Risk Factors” and elsewhere in our filings and reports with the United States Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. We undertake no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Genprex, Inc.

(877) 774-GNPX (4679)

Investor Relations

GNPX Investor Relations

(877) 774-GNPX (4679) ext. #2

[email protected]

Media Contact

Genprex Media Relations

Kalyn Dabbs

(877) 774-GNPX (4679) ext. #3

[email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Science Biotechnology Research Pharmaceutical Oncology Health Genetics Clinical Trials

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ProShares Launches Firm’s First Leveraged Thematic ETFs

ProShares Launches Firm’s First Leveraged Thematic ETFs

ProShares Ultra Nasdaq Cybersecurity (UCYB) and Ultra Nasdaq Cloud Computing (SKYU)

BETHESDA, Md.–(BUSINESS WIRE)–
Today, premier ETF provider ProShares launched its first leveraged thematic investing ETFs.

ProShares Ultra Nasdaq Cybersecurity (UCYB) seeks investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq CTA Cybersecurity Index. ProShares Ultra Nasdaq Cloud Computing (SKYU) seeks investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index.

“The growing need for remote computing, and our increased reliance on secure internet communications and connectivity—existing themes accelerated by the coronavirus pandemic—have expanded the already significant investment opportunities in the cybersecurity and cloud computing industries,” says ProShares CEO Michael L. Sapir. “Our new ETFs will offer investors a way to gain leveraged exposure to these rapidly changing industries in a transparent ETF format.”

UCYB’s index provides access to companies classified as “cybersecurity” by the Consumer Technology Association (“CTA”)—companies focused primarily on the building, implementation and management of technologies to protect networks, computers and mobile devices from cyber threats. SKYU’s index provides access to companies classified as “cloud computing” by the CTA—firms providing Infrastructure-as-a-Service (servers, storage, and networks), Platform-as-a-Service (systems for the creation of online software) and Software-as-a-Service (software applications delivered over the internet) to their customers and end users. Both indexes are managed by Nasdaq.

ProShares ETF

Ticker

Daily Exposure

Index

ProShares Ultra Nasdaq Cybersecurity

UCYB

2x

Nasdaq CTA Cybersecurity Index

ProShares Ultra Nasdaq Cloud Computing

SKYU

2x

ISE CTA Cloud Computing Index

ProShares is a leader in thematic investing, with eight ETFs in its lineup. UCYB and SKYU build on the firm’s success in this space by adding new leveraged opportunities to the company’s strategic lineup of retail disruption, infrastructure, pet care and transformational changes ETFs.

About ProShares

ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with more than $45 billion in assets. The company is the leader in strategies such as dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Important Information

These leveraged ProShares ETFs seek returns that are 2x the return of their underlying benchmarks (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return and ProShares’ returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Please see their summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

Natural or environmental disasters, including pandemics and epidemics, have been and can be highly disruptive to economies and markets and have recently led, and may continue to lead, to increased market volatility and significant market losses.

Cybersecurity companies are subject to rapid changes in technology, worldwide competition, rapid obsolescence of products and services, loss of patent protections, cyclical market patterns, evolving industry standards, and frequent new product introductions.

Cloud computing companies are subject to rapid changes in technology, worldwide competition, rapid obsolescence of products and services, loss of patent protections, cyclical market patterns, evolving industry standards, frequent new product introductions, evolving regulation of the Internet and new privacy laws. Such companies are also susceptible to operational and information security risks.

These funds concentrate their investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Nasdaq® is a registered trademark of Nasdaq, Inc. and is licensed for use by ProShare Advisors LLC. ProShares ETFs have not been passed on by Nasdaq, Inc. or its affiliates as to their legality or suitability. ProShares ETFs based on the Nasdaq CTA Cybersecurity IndexSM and the ISE CTA Cloud Computing Index are not issued, sponsored, endorsed, sold, or promoted by Nasdaq, Inc. or its affiliates, and they make no representation regarding the advisability of investing in ProShares ETFs. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor.

Media:

Tucker Hewes, Hewes Communications, Inc., 212.207.9451, [email protected]

For Investor and Financial Professional inquiries:

ProShares, 866.776.5125, ProShares.com

KEYWORDS: United States North America Maryland

INDUSTRY KEYWORDS: Technology Finance Security Banking Other Technology Professional Services Software Networks Internet

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Granite Awarded $48 Million Construction Manager/General Contractor Bridge Contract in California

Granite Awarded $48 Million Construction Manager/General Contractor Bridge Contract in California

WATSONVILLE, Calif.–(BUSINESS WIRE)–
Granite (NYSE:GVA) has been awarded the Cosumnes Bridge Parent Package of the Construction Manager/General Contractor (CMGC) contract for the Cosumnes Bridge Replacement Project by the California Department of Transportation (Caltrans) in Sacramento County, California. This CMGC contract is the final award of a seven-part phased delivery of the overall $167 million project. This $48 million contract is anticipated to be included in Granite’s first quarter 2021 backlog.

The Cosumnes Bridge Replacement Project is located on State Route (SR) 99, in Elk Grove, California. The project scope includes the removal and replacement of four bridges over the Cosumnes River as well as replacing two existing railroad overhead and underpass bridges with a single new overhead bridge, requiring partial realignment of SR-99 southbound. The project has been divided into seven contracts to allow construction to proceed while the design is being completed on other improvements. The segmentation of the project also allows for an accelerated delivery, which is currently two years ahead of the owner’s anticipated timeline.

The scope of the Cosumnes Bridge Parent Package, Granite’s seventh awarded contract for this project, includes the construction of 2.3 miles of freeway connecting the newly constructed bridges. Granite is also responsible for the roadway excavation, deck and barrier improvements at Dillard Road Overcrossing, construction of the Eschinger Road/SR-99 interchange, installation of ramp metering and intelligent transportation system, and removal of the existing McConnell Underpass and overhead bridges at the Union Pacific Railroad tracks.

“Being selected for this final package allows us to take the project across the finish line with this first-rate Caltrans team,” said Granite Project Manager George Delano. “We are proud to be part of this collaborative CM/GC team made up of Caltrans, Granite, our subcontractors, and third-party stakeholders which has overcome numerous challenges to deliver exceptional results, and will continue to work together to improve safety for the traveling public.”

“We are also excited Granite was selected for the final package because having the same contractor for all phases of this project has provided a measurable benefit for California taxpayers,” said Caltrans Project Manager Martin Clark. “From design to planning to execution, the results of our extended partnership have consistently tracked ahead of our scheduled timeline and met our budget.”

CM/GC procurement involves the contractor during the design and planning phases, offers a lower risk profile for both the contractor and the owner, while increasing the overall value to taxpayers. This process is designed to promote collaboration and to solicit value-adding feedback from the contractor.

Construction materials for the project, including 22,000 cubic yards of aggregate base and 108,000 tons of asphalt paving, will be supplied by Granite’s Bradshaw Facility.

Granite will begin construction immediately on the Parent Package. The Cosumnes Bridge Replacement Project is scheduled to be completed by 2024.

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite provider in the transportation, water infrastructure, and mineral exploration markets. Granite’s Code of Conduct and strong Core Values guide the company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, and connect with Granite on LinkedIn, Twitter, Facebook, and Instagram.

Caltrans Contact

Angela DaPrato (916) 826-3093

[email protected]

Granite Contacts

Media

Erin Kuhlman (831) 768-4111

Investors

Lisa Curtis (831) 728-7532

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Travel Construction & Property Travel Building Systems Other Transport Public Transport Other Construction & Property Transport

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Limbach Announces Appointment of Melissa DiMuro as Chief People & Culture Officer

Limbach Announces Appointment of Melissa DiMuro as Chief People & Culture Officer

PITTSBURGH–(BUSINESS WIRE)–
Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced that Melissa DiMuro has been appointed as Chief People & Culture Officer, effective immediately. Ms. DiMuro brings 18 years of human capital leadership expertise, which will be a key asset as the Company continues to grow its Owner Direct & Service business and expanded technology platform.

Prior to joining Limbach, Ms. DiMuro spent 14 years with GE Aviation in various roles of increasing leadership responsibility, most recently as a Senior HR Leader in the Global Supply Chain. In that role, Ms. DiMuro was responsible for 1,500 employees across the Composites Value Stream & Office of the Chief Engineer organizations supporting six locations and international joint ventures where she oversaw recruitment and assimilation; organization effectiveness and restructuring; and created technical talent development, human capital strategy and strategic workforce plans. Her prior experiences include a variety of global leadership roles in the engineering and manufacturing sectors.

“We are excited to welcome Melissa to our management team as Limbach’s business model evolves further to serve the diverse and emerging needs of facility owners,” said Charlie Bacon, Limbach’s President and Chief Executive Officer. “Never before has recruiting, training, developing and retaining craft labor and professional employees been more important. Limbach’s integration of technical design and engineering services with extensive fabrication and field capabilities presents unique challenges with respect to human capital. Melissa’s deep experience and demonstrated success will allow Limbach to meet these strategic challenges and continue to lead the industry in safety, execution and technical capability.”

Ms. DiMuro stated, “I’m excited to assume this new role and to be part of Limbach’s future. The company’s dynamic culture and commitment to excellence provide a solid foundation on which to build an organization that can lead the industry for the next 120 years.”

About Limbach

Limbach Holdings, Inc., with 2019 revenue of $553.3 million, is an integrated building systems solutions firm whose expertise is the design, installation, management, service and maintenance of HVAC, mechanical, electrical, plumbing and control systems. The Company primarily serves commercial and institutional clients in both new and existing facilities. Our principal end-markets are healthcare, higher education, data centers, research and development, state and federal government, and general commercial. Limbach and its subsidiaries employ more than 1,500 people in 22 offices, located in the Northeast, Midwest, Mid-Atlantic, and Florida regions, as well as Southern California. The Company’s subsidiary, Harper Limbach, operates in the Florida market. Our design, engineering and innovation center, Limbach Engineering & Design Services, is based in Orlando, Florida. Limbach is an industry leader in safety, advanced technology, full lifecycle solutions, human development and reliable execution. These nationally renowned strengths position Limbach as a value-added and essential partner for building owners, construction managers, general contractors and energy service companies.

Forward-Looking Statements

We make forward-looking statements in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements related to expected revenue and other benefits from new project wins. These statements may be preceded by, followed by or include the words “may,” “might,” “will,” “will likely result,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or similar expressions. These forward-looking statements are based on information available to us as of the date they were made and involve a number of risks and uncertainties which may cause them to turn out to be wrong. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Please refer to our most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, which are available on the SEC’s website (www.sec.gov), for a full discussion of the risks and other factors that may impact any forward-looking statements in this press release.

For Investor Relations, contact:

The Equity Group Inc.

Jeremy Hellman, CFA

Vice President

(212) 836-9626

[email protected]

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property Building Systems

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HCA Healthcare Invests in Domestic Production of PPE

HCA Healthcare Invests in Domestic Production of PPE

New business to manufacture surgical and procedure masks and diversify supply chain

NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA Healthcare (NYSE: HCA), one of the nation’s leading healthcare providers, today announced that it has entered into a new joint venture business with A Plus International Inc. (A Plus), a global manufacturer of healthcare products, to expand access to personal protective equipment (PPE) by manufacturing surgical and procedure masks in the United States. Under the partnership, production of Level 1 and Level 3 masks meeting American Society for Testing and Materials (ASTM) standards for quality and safety is expected to begin in early 2021 from a manufacturing center in Asheville, North Carolina.

Investment in the new business entity will initially be funded equally by HCA Healthcare Mission Fund, LLC, an affiliate of HCA Healthcare, and A Plus. The new business entity is part of HCA Healthcare’s continued effort to support healthcare workers and address the global demand for PPE. HCA Healthcare’s 2020 spending for PPE increased by more than $196 million from 2019.

“The recent surge in demand for PPE due to the pandemic has underscored how dependent we have been on supplies from overseas and the importance of working to diversify our supply chain,” said Dr. Jonathan Perlin, president, clinical operations group, and chief medical officer of HCA Healthcare. “We are thrilled to join forces with the expertise of A Plus on this new business which is focused on domestic manufacturing of PPE so that we can continue to support our caregivers on the front line.”

HCA Healthcare’s investment in the business is being funded through the HCA Healthcare Mission Fund, an innovation fund created following HCA Healthcare’s purchase of Mission Health to support healthcare-related businesses in Western North Carolina. The new business’ headquarters and production facility will be located on one of Mission Health’s campuses in Asheville and will bring skilled jobs to the area.

“Asheville has a diverse and skilled workforce with the experience to produce these important protective supplies that keep caregivers safe,” said Greg Lowe, president of HCA Healthcare’s North Carolina Division. “Thanks to the HCA Healthcare Mission Fund, we are honored to welcome this new business to our campus, and we are excited for the job opportunities for our community.”

Supporting the supply chain of hospitals and non-acute providers, HealthTrust, a global leader in purchasing aggregation and performance improvement for healthcare, will co-manage the joint venture with A Plus. HealthTrust’s wholly owned subsidiary, Resource Optimization & Innovation (ROi), will serve as the distribution partner for the business, providing access to PPE inventories to HealthTrust member organizations throughout the U.S.

About HCA Healthcare

Nashville-based HCA Healthcare is one of the nation’s leading providers of healthcare services comprising more than 2,000 sites of care, including 187 hospitals, surgery centers, freestanding ERs, urgent care centers, and physician clinics, in 21 states and the United Kingdom. With its founding in 1968, HCA Healthcare created a new model for hospital care in the United States, using combined resources to strengthen hospitals, deliver patient-focused care and improve the practice of medicine. HCA Healthcare has conducted a number of clinical studies, including one that demonstrated that full-term delivery is healthier than early elective delivery of babies and another that identified a clinical protocol that can reduce bloodstream infections in ICU patients by 44 percent. HCA Healthcare is a learning health system that uses its more than 35 million annual patient encounters to advance science, improve patient care and save lives. Please click here to connect with HCA Healthcare on social media.

All references to “Company,” “HCA” and “HCA Healthcare” as used throughout this document refer to HCA Healthcare, Inc. and its affiliates.

INVESTOR CONTACT:

Mark Kimbrough

615-344-2688

MEDIA CONTACT:

Harlow Sumerford

615-344-1851

KEYWORDS: Tennessee United States North America

INDUSTRY KEYWORDS: Medical Supplies Health Infectious Diseases Hospitals Other Health Managed Care General Health

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