Marijuana Strategic Ventures Appoints Arman Tabatabaei to the Board of Directors

BONSALL, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) — SecurCapital Holdings Corp. (OTC: CQER) (“CQER” or the “Company”) today announces the appointment of Arman Tabatabaei to its board of directors as an independent board member.

“Our goal is to select Board Members who have extensive experience and specialized backgrounds in the Cannabis industry, and Arman has developed a significant history in analyzing and revamping operations of expanding companies,” said James Hancock, CEO and Chairman of the Board. “He will be a key decision maker in the selection of companies for our strategic subsidiary pool. Arman’s role will be to analyze and assist the management teams of all of our subsidiary companies during their incubation, growth and expansion,” continued Hancock.

Tabatabaei has deep management experience within the Cannabis industry. He has consulted with large publicly traded corporations, which includes working on growth initiatives with Cannabis Strategic Ventures, and improving operations at Sugarmade, Inc. Tabatabaei is founder and Chairman of Cannabis Global Inc. (OTC: CBGL). With more than 17 years of management experience, he has earned a solid reputation for taking a numbers-based analytical approach to the management of organizations which have proven significant positive results. Tabatabaei holds a Master of Business Administration degree in Global Business with an additional post-graduate work in predictive analysis and a Bachelor of Science with an emphasis on mathematics and physics.

“I am grateful to have the confidence of the Company to appoint me to the Board. I look forward to working alongside my fellow Board members and the Company’s management to advance the Company’s strategic and growth expansion goals,” said Mr. Tabatabaei.

The Company is in the process of completing a name change with FINRA to Marijuana Strategic Ventures, Inc. and completing the necessary steps for filing an S1 registration with the Securities and Exchange Commission and uplisting to a higher exchange.

About SecurCapital Holdings Corp. (Marijuana Strategic Ventures)

Headquartered in Bonsall, California, SecurCapital Holdings Corp. is a new public company founded by cannabis industry professionals with many years of experience. The goal is to create a strategically aligned conglomerate of multinational marijuana focused companies that support the vertical and horizontal business objectives of the Company.

For more information, email [email protected]

Safe Harbor Statement

This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

Corporate Contact:

Marijuana Strategic Ventures Inc.

CEO Jim Hancock
Tel: 1.800.833.8250
email: [email protected]



Social and Emotional Skills Remain A Low Priority At Post-Secondary Schools

Canadian colleges and universities need to better align their curriculum with employers’ needs

OTTAWA, Jan. 21, 2021 (GLOBE NEWSWIRE) — Research from The Conference Board of Canada, in partnership with the Future Skills Centre, has found that Canadian post-secondary institutions are not prioritizing the development of social and emotional skills such as creativity and problem-solving that are increasingly in demand by employers.

In the research, The Conference Board of Canada analyzed the strategic plans of Canadian post-secondary institutions and found that just over half of them identify social and emotional skills as an important part of student success.

“These findings are disappointing when considered in the context of the skills that employers are looking for today,” says Michael Burt, Vice President of The Conference Board of Canada. “Perhaps most telling is that only one in five post-secondary strategic plans mentions holistic social and emotional skills development. This suggests that social and emotional skills remain under-recognized as a core part of learning at Canadian colleges and universities.”

To adequately prepare students for career success in the 21st Century, Canadian post-secondary institutions must give more weight to social and emotional skills development. To do this, colleges and universities need to translate social and emotional skill priorities into applied training and assessment.

“Progress has been made when it comes to recognizing the role that social and emotional skills play in today’s workforce,” says Pedro Barata, Executive Director of the Future Skills Centre. “It is encouraging to see that slightly more than half of Canada’s post-secondary schools recognize social and emotional skills. We look forward to working with the education sector to develop new ways to build on this progress.”

Colleges and universities that mention specific social and emotional skills tend to highlight the same ones that employers say they look for in new hires. This is positive as it suggests alignment between employer demand and the priorities of post-secondary institutions.

However, to prepare students for career success, Canadian colleges and universities must give more weight to social and emotional skills development. To do this, they need to translate social and emotional skill priorities into applied training and assessment, recommends The Conference Board of Canada and the Future Skills Centre.

About The Conference Board of Canada

The Conference Board of Canada is the country’s leading independent research organization. Our mission is to empower and inspire leaders to build a stronger future for all Canadians through our trusted research and unparalleled connections. Follow The Conference Board of Canada on Twitter @ConfBoardofCda

About the Future Skills Centre

Future Skills Centre is a forward-thinking research and collaboration hub dedicated to preparing Canadians for employment success and meeting the emerging talent needs of employers. As a pan-Canadian community, FSC brings together experts and organizations across sectors to rigorously identify, assess, and share innovative approaches to develop the skills needed to drive prosperity and inclusion. FSC is directly involved in innovation through investments in pilot projects and academic research on the future of work and skills in Canada. The Future Skills Centre is funded by the Government of Canada’s Future Skills Program.

Media Contact:

The Conference Board of Canada
[email protected]  
613-526-3090 ext. 224



Protech Home Medical Announces Date and Time for Q4 and Full Year Fiscal 2020 Conference Call and Audio Webcast

CINCINNATI, Jan. 21, 2021 (GLOBE NEWSWIRE) — Protech Home Medical Corp. (the “Company”) (TSXV: PTQ) (OTCQX: PTQQF), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, today announced that it will host its Q4 and Full Year Fiscal 2020 earnings conference call and audio webcast on Friday, January 29, 2021 at 10:00 a.m. (EST).


Conference Call Details:

Friday, January 29, 2021 at 10:00 a.m. (EST).
   
Canada/US Toll Free: 1 (800) 319 4610
International: 1 (604) 638 5340


Audio Webcast Details:

The live audio webcast can be found on the investor section of the Company’s website through the following link:
https://protechhomemedical.com/conference_calls

ABOUT PROTECH HOME MEDICAL

The Company provides in-home monitoring and disease management services including end-to-end respiratory solutions for patients in the United States healthcare market. It seeks to continue to expand its offerings to include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility and other chronic health conditions. The primary business objective of the Company is to create shareholder value by offering a broader range of services to patients in need of in-home monitoring and chronic disease management. The Company’s organic growth strategy is to increase annual revenue per patient by offering multiple services to the same patient, consolidating the patient’s services and making life easier for the patient.

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

For further information please visit our website at www.protechhomemedical.com, or contact:

Cole Stevens
VP of Corporate Development
Protech Home Medical Corp.
859-300-6455
[email protected]

Gregory Crawford
Chief Executive Officer
Protech Home Medical Corp.
859-300-6455
[email protected]



Westport Fuel Systems to Cooperate with Truck and Bus Manufacturer Scania on a Direct Injected Hydrogen Engine Research Project


This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated November 9, 2020 to its final short form base shelf prospectus for the Province of Quebec and its amended and restated final short form base shelf prospectus for each of the Provinces of Canada except Quebec, each dated October 27, 2020.

VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) today announced it has agreed to commence a research project with Scania to apply its HPDI 2.0TM fuel system with hydrogen to the latest Scania commercial vehicle engine. Preliminary test results are expected in the second half of 2021.

“Our specialty is working with gaseous fuels. Hydrogen use in an internal combustion engine with our HPDI fuel system could offer another cost-competitive pathway to reduce CO2 emissions from transportation,” said David M. Johnson, Chief Executive Officer of Westport Fuel Systems. “This exciting evolution of our patented technology could provide an economic, competitive alternative to fuel cells while providing a similar greenhouse gas emission reduction profile.”

“We invested in hydrogen technologies early. Going forward, what we learn from this research project will enable us to provide the best possible offering to our customers,” said Eric Olofsson, Senior Technical Advisor at Scania Powertrain Research & Technology.

About Scania

Scania is a world-leading provider of transport solutions, including trucks and buses for heavy transport applications, with an extensive product-related service offering. Scania is also a leading provider of industrial and marine engines.

About Westport Fuel Systems

Westport Fuel Systems is driving innovation to power a cleaner tomorrow. The company is a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global automotive industry. Westport’s technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America and South America, the company serves customers in more than 70 countries with leading global transportation brands. For more information, visit www.wfsinc.com.

Investor Inquiries:


Christine Marks
Investor Relations
T: +1 604-718-2046
E:[email protected]

Cautionary Note Regarding Forward Looking Statements

This press release contains forward-looking statements, including statements regarding the research project with Scania, timing for and completion of the preliminary test results from such project and the benefits and potential of hydrogen as a transport fuel. These statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties and are based on both the views of management and assumptions that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activities, performance or achievements expressed in or implied by these forward looking statements. These risks, uncertainties and assumptions include those related to COVID-19, it’s duration, effects and government responses thereto, the general economy, solvency, governmental policies and regulation, the demand for HPDI 2.0 injectors and there utility when used with hydrogen, as well as other risk factors and assumptions that may affect our actual results, performance or achievements or financial position discussed in our most recent Annual Information Form and other filings with securities regulators. In addition, the effects and the impact of the COVID-19 outbreak, are unknown at this time and could cause actual results to differ materially from the forward-looking statements contained herein. Readers should not place undue reliance on any such forward-looking statements, which speak only as of the date they were made. We disclaim any obligation to publicly update or revise such statements to reflect any change in our expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in these forward looking statements except as required by National Instrument 51-102. The contents of any website, RSS feed or twitter account referenced in this press release are not incorporated by reference herein. 



Eco Innovation Welcomes Biden-Harris Administration and Coming Landmark Investments in Green Technology Solutions

VAN NUYS, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) — Eco Innovation Group, Inc. (“ECOX” or the “Company”) (OTC:ECOX), an innovative company aggregating investments in new technologies that promote environmental and social well-being, and the advancement of green energy solutions, is pleased to update current and prospective shareholders on the Company’s outlook as ECOX welcomes the Biden-Harris administration into office.

As an emerging leader in green technology development, the Company anticipates strong public policy tailwinds over coming years as the new administration telegraphs historic support for clean-energy initiatives.

According to JoeBiden.com (see “9 Key Elements of Joe Biden’s Plan for a Clean Energy Revolution”), the incoming administration has put a priority on legislation and policy tied to environmental sustainability, including plans for landmark public investments in green technology solutions.

“President Biden plans to invest $400 billion in clean energy and innovation over the next decade,” noted Julia Otey-Raudes, President and CEO of Eco Innovation Group. “In today’s dollars, that would double the historic investment made in the Apollo Program in the 1960’s that put a human being on the moon.”

According to press reports upon his inauguration, President Biden reportedly intends to sign more than a dozen executive orders and direct nearly 100 agency actions to reverse ex-President Donald Trump’s environmental policies. That will include measures meant to safeguard air and water, protect endangered species, and push back against climate change both domestically and around the world.

Along with coming significant investments designed to drive new innovations that promote environmental sustainability, management believes coming policy measures will also foster growing demand for clean-energy solutions and environmentally safe products, processes, and services to reduce the impact of industrial activity on environmental quality and sustainability.

Eco Innovation’s vision is predicated on discovering and bringing to market new and innovative solutions that allow more environmentally sustainable, yet commercially viable, production and delivery of the goods and services we rely on.

Otey-Raudes added, “The investment and the policy direction that come into focus with yesterday’s inauguration have the potential to catalyze our vision and the substantial investments we have made over the past year in developing our growing pipeline of leading-edge green-tech innovations getting set to hit the market over coming months and quarters. We look forward to providing further details soon.”

For more information, visit www.ecoig.com.

About Eco Innovation Group

Eco Innovation Group was founded by Inventors and Business Professionals to help nurture and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value to our shareholders. At ECOX, we are dedicated to developing and commercializing successful products. But we will never lose sight of the fact that we exist, first and foremost, to help people and improve life on the planet we all share. We take our Social Responsibility Contract seriously in all our endeavors. It is not only what we do. It is who we are. For more information, visit www.ecoig.com.

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.

Corporate Contact:

Eco Innovation Group, Inc.
[email protected]
www.ecoig.com

Public Relations:

EDM Media, LLC
https://edm.media
(800) 301-7883



Enphase Energy Releases Inaugural Environmental, Social, and Governance Report

FREMONT, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced the release of its inaugural Environmental, Social, and Governance (ESG) Report which provides an overview of the Company’s ESG policies and initiatives.

“We are pleased to publish our inaugural ESG report and share our progress in helping to deliver a future of sustainability for all, while focusing on our core values, and never losing sight of the three commitments that have guided us since the beginning: innovation, quality, and social responsibility,” said Badri Kothandaraman, president and CEO of Enphase Energy. “Since inception, Enphase has been committed to serving its communities and improving the environment. Sustainability is at the core of what we do. We are proud of our team at Enphase as we continue to work towards building energy independence through our solar-plus-storage system products.”

The report identifies key focus areas and fundamental ESG standards relevant to Enphase’s business and its investors based on guidance from the Sustainability Accounting Standards Board (SASB) industry specific standards, as well as certain UN Sustainable Development Goals (SDGs) that most closely align with Enphase’s business activities and strategy.

To view a copy of the ESG report, please visit the Company’s website.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one intelligent platform. The Company revolutionized the solar industry with its microinverter technology and produces a fully integrated solar-plus-storage solution. Enphase has shipped more than 30 million microinverters, and approximately 1.3 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.

Enphase Energy, Enphase, the E logo, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to Enphase Energy’s key initiatives, financial performance, business strategies, operations, and capabilities and performance of its technology and products. These forward-looking statements are based on Enphase’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of certain risks and uncertainties including those risks described in more detail in Enphase’s most recent Annual Report on Form 10-K and other documents on file with the SEC and available on the SEC’s website at www.sec.gov. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

Enphase Contact:

Adam Hinckley
Enphase Energy, Inc.
Investor Relations
[email protected]
+1-707-763-4784, x. 7354



Shell Midstream Partners, L.P. Names Steve Ledbetter as Next CEO

Houston, Jan. 21, 2021 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that after a distinguished 29 year career with Royal Dutch Shell plc (“Shell”), Kevin Nichols will retire as President and Chief Executive Officer of Shell Midstream Partners GP LLC, the general partner of SHLX, effective March 1, 2021.  Steve Ledbetter, Vice President-Commercial of SHLX, will succeed Kevin.

Steve joined Shell in 1999 and has held roles with increasing responsibility within Shell’s Pipeline, Manufacturing and Global Lubricants businesses and served as President of Jiffy Lube International, a wholly owned subsidiary of Shell, from 2013 to 2018. In 2018, Steve was named Vice President for Shell Pipeline Company LP, responsible for business development, joint ventures, oil movements and portfolio activity.  Since joining SHLX as Vice President–Commercial in 2018, Steve has been instrumental in driving the commercial success of SHLX, contributing heavily to the long-term resilience of the partnership.

The transition between Kevin and Steve is expected to be seamless, as Steve has served in a leadership role and has taken on increasing responsibilities within SHLX.

“Kevin has been a driving force behind Shell Midstream Partners and its consistent delivery,” said Ledbetter. “The Partnership has matured greatly under his leadership and is well positioned for continued success. I am excited for the opportunity to lead this great company. We have a proven track record of delivery, and I look forward to building on the strong legacy and performance of Shell Midstream Partners.” 

# # #

About Shell Midstream Partners, L.P.

Shell Midstream Partners, L.P., headquartered in Houston, Texas, owns, operates, develops and acquires pipelines and other midstream and logistics assets. The Partnership’s assets include interests in entities that own (a) crude oil and refined products pipelines and terminals that serve as key infrastructure to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and deliver refined products from those markets to major demand centers and (b) storage tanks and financing receivables that are secured by pipelines, storage tanks, docks, truck and rail racks and other infrastructure used to stage and transport intermediate and finished products. The Partnership’s assets also include interests in entities that own natural gas and refinery gas pipelines that transport offshore natural gas to market hubs and deliver refinery gas from refineries and plants to chemical sites along the Gulf Coast.

For more information on Shell Midstream Partners, L.P. and the assets owned by the Partnership, please visit www.shellmidstreampartners.com.


Inquiries:

Shell Media Relations

Americas: +1 832 337 4355

Shell Investor Relations

North America: +1 832 337 2034

* SHELL and the SHELL Pecten are registered trademarks of Shell Trademark Management, B.V. used under license.



GridGain Continues Its Strong Momentum in 2020

FOSTER CITY, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) —

GridGain



®



Systems
, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite®, today announced continued strong growth for the 2020 calendar year across all phases of the company. Key achievements included the 7th consecutive year of revenue growth, net-new business growth of 53% with just 6% churn, a 63% increase in the number of transactions over $250,000 compared to 2019, and more than 500% sales growth in Apache Ignite support subscriptions. GridGain also launched key product and service innovations, received multiple industry honors, and hosted the In-Memory Computing Summit 2020 virtual worldwide conference – with record attendance – as well as other virtual events.

“The extraordinary events of 2020 accelerated digital transformation projects in most companies, especially those in e-commerce and retail, financial services, fintech, healthcare, telecommunications and transportation,” said Abe Kleinfeld, president and CEO of GridGain. “I’m proud of our team’s continued drive to innovate our in-memory computing solutions, respond to the growing needs of our customers, and lead the industry in building a high performance, massively scalable platform that enables digital transformation projects. I’m optimistic about continuing our momentum in 2021 and expect demand for in-memory computing solutions to continue to spread across the economy.”

Growth

  • Experienced another record sales year, recording GridGain’s 7th consecutive year of revenue growth and averaging over 100% annual growth during that period
  • Booked a record number of transactions over $250,000, an increase of 63% over fiscal year 2019, with several customers exceeding $1 million, reflecting the continued trust many of the world’s largest corporations have in GridGain to power their business-critical applications and digital transformation projects
  • Grew net-new business by 53%, with a low churn of 6%, demonstrating GridGain’s continued market leadership and exceptional customer satisfaction
  • Experienced more than 500% sales growth in Apache Ignite support subscriptions in 2020, reflecting Ignite’s accelerating adoption as the leading open source platform for high performance, high-scale applications that power digital businesses

Products, Services and Partnerships

  • Announced rapid adoption of the GridGain in-memory data grid technology to power digital integration hub (DIH) architectures
  • Released the online GridGain Control Center, a comprehensive tool for managing, monitoring and developing applications for the GridGain and Apache Ignite in-memory computing platforms
  • Released Downloadable Control Center, an on-premises version of the hosted GridGain Control Center that lets developers manage GridGain and Apache Ignite environments on a laptop or desktop computer without needing access to the internet
  • Introduced GridGain Nebula, a Managed Service Offering (MSO) for the Apache Ignite and GridGain in-memory computing platforms. GridGain Nebula ensures 24/7 optimal performance of an Ignite or GridGain in-memory computing platform at a fraction of the cost of staffing an internal IT operations team
  • Partnered with Tech Mahindra on leveraging in-memory computing to solve application speed and scalability and API management challenges

Awards

In-Memory Computing Thought Leadership

GridGain hosted the In-Memory Computing Summit 2020 virtual worldwide conference in October. The In-Memory Computing Summit is the only industry-wide event focused on the full range of in-memory computing technologies and solutions. Nearly 1,100 people representing 581 organizations from 53 countries registered for the conference to hear speakers from IBM, Intel, M&T Bank, Dell, Oracle, MemVerge, ScaleOut Software, Target, GridGain Systems and more discuss the latest in-memory computing technologies and best practices. Registrations have now increased by more than 10x compared to the inaugural In-Memory Computing Summit in 2015. More than 600 people also registered for the pre-conference training day for in-depth, hands-on training by experts from GridGain Systems and others.

In addition to the virtual Summit, GridGain increased its efforts to provide zero-contact, in-memory computing thought leadership and education, hosting or participating in nearly 100 webinar, meetup and conference talks, which were attended online by thousands of application developers, architects and business decision makers.

Additional Resources

To learn more about the GridGain in-memory computing platform:

About GridGain Systems

GridGain Systems is revolutionizing real-time data access and processing by offering an in-memory computing platform built on Apache® Ignite®. Common use cases for the GridGain platform include application acceleration and digital integration hubs for real-time data access across data sources and applications. GridGain solutions are used by global enterprises in financial services, software, e-commerce, retail, online business services, healthcare, telecom, transportation and other major sectors, with a client list that includes ING, Citibank, American Express, Finastra, UPS, Hewlett Packard Enterprise, Microsoft, American Airlines, Agilent and UnitedHealthcare.

GridGain delivers unprecedented speed, massive scalability, and real-time data access for both legacy and greenfield applications. Deployed on a distributed cluster of commodity servers, GridGain software can reside between the application and data layers (RDBMS, NoSQL and Apache® Hadoop®), requiring no rip-and-replace of the existing databases, or it can be deployed as a distributed database for high performance computing with in-memory speed. For more information, visit gridgain.com.

CONTACT:

Brigit Valencia
For GridGain Systems
[email protected]
(360) 597-4516

GridGain is a trademark or registered trademark of GridGain Systems, Inc. Apache, Apache Ignite, and Ignite are trademarks of The Apache Software Foundation. All other product and company names herein may be trademarks of their registered owners.



Ackroo Announces 2020 Revenue Growth Results

Ackroo achieves 8th consecutive growth year with 16% year over year growth in 2020

HAMILTON, Ontario, Jan. 21, 2021 (GLOBE NEWSWIRE) — Ackroo Inc. (the “Company” or “Ackroo”) (TSX-V: AKR) (OTC: AKRFF), a loyalty marketing, payments and point-of-sale technology and services provider, is pleased to report unaudited record revenues of $6,069,966 for the year ended 2020. This represents a 16% increase over the previous year and an 8-year cumulative average growth rate of 34% per year since the Company’s founding in 2012. The Company delivered $5,028,931 of annual recurring revenue and their third consecutive positive EBITDA year. Strategically, Ackroo also increased the Company’s cash position significantly, retired all debts owing to SOFII, and completed three accretive acquisitions in marketing, payments and point-of-sale. Despite the impact of COVID-19, the Company delivered strong results and is well positioned for continued growth in 2021.

“2020 was a challenging year but also a very pivotal one for the Company,” said Steve Levely, CEO of Ackroo. “COVID-19 brought both personal and business challenges. Moving to a fully remote office was a simple change for the company, however lots of internal collaboration and engagement was impacted. We also saw significant attrition, primarily in retail, with close to 10% of our customer locations needing to terminate. However, with challenges also came lots of opportunity as we saw a very high demand for Ackroo’s digital products and significant growth in our M&A funnel leading to three strategic acquisitions in 2020. Through these three acquisitions we now have three distinct business units with marketing, payments and point-of-sale for niche markets. We introduced a 6th new board member to add M&A expertise into the Company while injecting $3,000,000 of capital to support short-term acquisition opportunities. We added more self-serve tools and insights for our customers in our core marketing platform while refining our cross-sell and upsell approach for our digital and payment solutions. We finished the year strong in Q4 with a record number of new organic clients signed and delivered record revenue. Thanks to continuous strong financial management we delivered our 3rd consecutive earnings positive year while avoiding any layoffs and without any government assistance. Through the various challenges and opportunities the Ackroo team pivoted and built an even stronger foundation for the business than we had a year earlier. I couldn’t be prouder of how well the team has performed and how bright the future is for our company and for our shareholders.”

The Company cautions that figures for revenue have not been audited and are based upon calculations prepared by management. Actual results may differ from those reported in this release once these figures have been audited. The Company expects to complete its 2020 audit in April to confirm revenue figures, along with other financial results.

Ackroo has also granted incentive stock options to purchase 5,275,000 common shares to certain directors, officers and employees of the Company exercisable at a price of $0.225, for a period of 3 years. The option grant remains subject to the approval of the TSX Venture Exchange.

About Ackroo

Through vendor and industry consolidation, Ackroo provides marketing, payment and point-of-sale solutions for merchants of all sizes. Ackroo’s self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale in order to attract, engage and grow their customers while increasing their revenues and margins. Ackroo’s payment services provide merchants with low cost payment processing options through some of the world’s largest payment technology and service providers. Ackroo’s hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industry’s including golf, yacht, tennis clubs and more. All solutions are focused on helping to consolidate, simplify and improve the merchant marketing, payments and point-of sale ecosystem for their clients. Ackroo is headquartered in Hamilton, Ontario, Canada. For more information, visit: www.ackroo.com.

For further information, please contact:

Steve Levely

Chief Executive Officer | Ackroo
Tel: 416-360-5619 x730
Email: [email protected]

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This release contains forecasts and forward-looking statements that are not guarantees of future performance and activities and are subject to risks and uncertainties. The Company has based these forward-looking statements on assumptions and assessments made by its management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. Important factors that could cause actual results, developments and business decisions to differ materially from those anticipated in these forward-looking statements include, but are not limited to: the Company’s ability to raise enough capital to support the Company’s go forward plans; the overall global economic environment; the impact of competition and new technologies; general market, political and economic conditions in the countries in which the Company operates; projected capital expenditures and liquidity; changes in the Company’s strategy; government regulations and approvals; changes in customers’ budgeting priorities; plus other factors that may arise. Any forward-looking statements in this press release are made as of the date hereof, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.



AditxtScore™ Immune Monitoring Service Will be Operational on February 1st

Company Plans to Offer Service through Channel Partners

Mountain View, CA, Jan. 21, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Aditx Therapeutics, Inc. (Aditxt) (the “Company”) (Nasdaq: ADTX), a life sciences company developing biotechnologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming, today announced the operational launch of the AditxtScore™ Immune Monitoring Platform as of February 1st, 2021.

The initial application of the platform will be AditxtScore™ for COVID-19 which has been designed to provide a more complete assessment of an individual’s infection and immunity status with respect to the SARS-CoV-2 virus. Infection status will be determined by evaluating the presence or absence of the virus, and immunity status by measuring levels of antibodies against viral antigens and their ability to neutralize the virus. Aditxt will soon be expanding the panel to measure other components of the immune response such as cellular immunity.

AditxtScore™ for COVID-19 will be available as a Lab Developed Test (LDT) and processed at the AditxtScore™ Immune Monitoring Center, which will operate as a CLIA-certified reference lab for the Company’s prospective channel partners, including labs and hospitals.

“Since the start of the pandemic, the focus has been on infection status. Moving forward, we believe the need for monitoring the presence and durability of immunity will continue to grow.  By assessing infection status together with immunity status, AditxtScore™ for COVID-19 will be well positioned to address both needs.  We’re currently in discussions with labs, hospitals and other channel partners around the world interested in incorporating AditxtScore™ into their offerings. By acting as a reference lab, prospective channel partners can rapidly deploy the service without the need for additional equipment or staffing on their part,” stated Amro Albanna, Co-founder and CEO of Aditxt.

About Aditx Therapeutics

Aditxt is developing technologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming. The immune monitoring technology is designed to provide a personalized comprehensive profile of the immune system. The immune reprogramming technology is currently at the pre-clinical stage and is designed to retrain the immune system to induce tolerance with an objective of addressing rejection of transplanted organs, autoimmune diseases, and allergies. For more information, please visit: www.aditxt.com.

Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Forward looking statements include statements regarding the Company’s intentions, beliefs, projections, outlook, analyses or current expectations concerning, among other things, the Company’s ongoing and planned product development; the Company’s intellectual property position; the Company’s ability to develop commercial functions; expectations regarding product launch and revenue; the Company’s results of operations, cash needs, spending, financial condition, liquidity, prospects, growth and strategies; the industry in which the Company operates; and the trends that may affect the industry or the Company. Forward-looking statements are not guarantees of future performance and actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, as well as those risks more fully discussed in the section entitled “Risk Factors” in the Company’s prospectus, dated September 1, 2020, that was filed with the Securities and Exchange Commission under File No. 333-248491, as well as discussions of potential risks, uncertainties, and other important factors in the Company’s subsequent filings with the Securities and Exchange Commission. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:

Investor Relations

Jeff Ramson
PCG Advisory
Chief Executive Officer
[email protected]
646-863-6341

Public Relations

Kevin Harrington
5W Public Relations
[email protected]

www.aditxt.com