PASSUR® Aerospace Announces Net Income of $135,000 and Third Consecutive Quarter of Operating Profit for the First Quarter Ended January 31, 2021

PR Newswire

STAMFORD, Conn., March 15, 2021 /PRNewswire/ — PASSUR® Aerospace, Inc. (OTC: PSSR), a global leader in digital operational excellence, announced revenues of $1,698,000 for the three months ended January 31, 2021, compared with $4,225,000, for the same period in fiscal year 2020, a decrease of $2,527,000 or 60%.

The Company had a net income of $135,000, or $0.02 per diluted share, for the three months ended January 31, 2021, as compared to a net loss for the same period in fiscal 2020 of $583,000, or $0.08 per diluted share.

“We are proud to announce the Company’s net income of $135,000 for the first quarter of fiscal year 2021, ended January 31, 2021,” stated Brian Cook, PASSUR’s President and CEO. “Operating profit was also positive for the third consecutive quarter. We continue to position the company as a profitable enterprise, in spite of a depressed market due to COVID-19.”

In February 2021, PASSUR received a top-off grant of $875,000 from the CARES Act Payroll Support Program for Air Carriers and Contractors (PSP-1), which is being used for the continuation of payment of employee wages, salaries, and benefits for certain eligible employees.  In addition, in March 2021, the Company entered into a Payroll Support Extension Agreement (PSP-2) for an additional grant of $1,310,000, under similar conditions. Visit our website to view the full 10-Q.


Major Achievements

  • Despite the market challenges presented by the ongoing COVID-19 pandemic, PASSUR was able to obtain contract signatures for 21 customers. The Company also continues to see commercial opportunities within a resurgent Business Aviation market.
  • The Company successfully helped to enable the launch of the IATA Tactical Operating Portal (“ITOP Global”) in concert with the International Air Transport Association (“IATA”), which will provide valuable real-time data to the global aviation community amidst COVID-19 challenges.


About PASSUR® Aerospace, Inc.

PASSUR Aerospace, Inc. (OTC: PSSR) is the operations platform of choice for aviation experts, offering a unique combination of global data, decision support, and subject matter expertise solutions to improve operational efficiencies. Our platform and people help deliver actionable-data and user-friendly tools to corporate and operations leadership looking for creative ways to minimize and eliminate bottleneck capacity constraints, react to irregular operations (IROPS), restart operations after an interruption in service, and enhance the efficiency of the daily schedule. Our collaborative framework uniquely enhances data sharing, communications, and decision-making within and between stakeholders in an operations ecosystem. PASSUR provides its solutions to the largest airlines and airports globally including in the United States, Canada, and Latin America.

Visit PASSUR Aerospace’s website at www.passur.com for updated products, solutions, and news. 

 

Contact: Media:       

Investor Relations:

Evee Burgard      

Sean Doherty

VP Marketing    

Executive VP Finance and Administration

(310) 995-0313

(226) 338-0969


[email protected]

 

Forward Looking Statements
This press release contains “:forward-looking statements: within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company’s future plans, objectives, and expected performance. Forward-looking statements are subject to risks, uncertainties and assumptions, and are identified by words such as “will”, “expects”, “estimates”, “projects”, “anticipates”, “believes”, “intends”, “plans”, “may”, “pending”, “continues”, “should”, “could” and other similar words. All statements other than statements of historical fact are considered to be forward-looking statements and such forward-looking statements, including statements of management’s expectations and beliefs, are based on preliminary information and assumptions and expectations of future events.  The Company cannot and does not guarantee that such information, assumptions, and expectations are accurate or will be realized. These forward-looking statements are not guarantees of future performance or results, and should be evaluated in light of important risk factors, assumptions, and uncertainties that could cause the Company’s results to differ in material respects, including, without limitation,  those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials,  the Company’s maintenance of above average quality of its product and services, as well as potential regulatory changes. Additional uncertainties include, without limitation, uncertainties relating to the ability of the Company to sell its existing product and professional service lines, plus new products and professional services, as well as the potential for terrorist attacks, changes in fuel costs, airline bankruptcies and consolidations, and economic conditions, including, without limitation, the severity and duration of the continuing COVID-19 pandemic and its adverse impact on the U.S. and world aviation and travel industries.  Further information regarding some of the factors that could affect the Company’s results and cause those results to vary materially from those currently anticipated is contained on Forms 10-K – including under the heading entitled “Risk Factors”, 10-Q, and other reports filed with the Securities and Exchange Commission. In addition, undue reliance should not be placed on the Company’s forward-looking statements.  Any forward-looking statement made by the Company in this press release speaks only as of the date on which we made it and reflect management’s analysis, judgments, belief, or expectation only as of such date. Except as required by law, the Company disclaims any obligation to update its risk factors or to publicly announce updates to the forward-looking statements contained in this press release to reflect new information, future events, or other developments.  

 


PASSUR Aerospace, Inc. and Subsidiary

Consolidated Balance Sheets


January 31, 2021


October 31, 2020


(unaudited)


Assets

Current assets:

Cash

$                1,914,815

$                2,748,066

Accounts receivable, net

601,650

662,081

Prepaid expenses and other current assets

202,250

162,843

Total current assets

2,718,715

3,572,990

Capitalized software development costs, net

1,101,949

1,223,399

Property and equipment, net

193,856

257,561

Operating lease right-of-use assets

205,184

232,721

Other assets

52,851

53,031


Total assets

$                4,272,555

$                5,339,702


Liabilities and stockholders’ equity

Current liabilities:

Accounts payable

$              1,244,121

$                1,486,808

Accrued liabilities – Stimulus funding

999,424

1,933,955

Accrued expenses and other current liabilities

674,389

721,058

Operating lease liabilities, current portion

138,743

168,923

Deferred revenue, current portion

1,187,422

1,173,573

Total current liabilities

4,244,099

5,484,317

Deferred revenue, long term portion

283,321

249,727

Note payable – related party

10,691,625

10,691,625

Operating lease liabilities, non-current

229,000

271,946


Total liabilities

15,448,045

16,697,615


Commitments and contingencies

Stockholders’ equity:

Preferred shares – authorized 5,000,000 shares, par value $0.01 per share;

none issued or outstanding

–

–

Common shares – authorized 20,000,000 shares, respectively,

par value $0.01 per share;  issued 8,496,526 at January 31,

2021 and October 31, 2020

84,964

84,964

Additional paid-in capital

18,495,228

18,448,202

Accumulated deficit

(27,822,004)

(27,957,401)

(9,241,812)

(9,424,235)

Treasury stock, at cost, 784,435  shares at January 31, 2021 and

October 31, 2020, respectively

(1,933,678)

(1,933,678)

Total stockholders’ equity

(11,175,490)

(11,357,913)


Total liabilities and stockholders’ equity

$                4,272,555

$                5,339,702

 


PASSUR Aerospace, Inc. and Subsidiary

Consolidated Statements of Operations


(Unaudited)


2021


2020


Revenues

$          1,697,921

$            4,225,315


Operating expenses:

Cost of revenues

569,673

2,286,066

Research and development expenses

47,632

112,303

Selling, general, and administrative expenses

678,819

2,168,350

1,296,124

4,566,719


Income/(loss) from operations

$             401,797

$           (341,404)

Interest expense – related party

266,400

210,286

Income/(loss) before income taxes

135,397

(551,690)

Provision for income taxes

–

31,560


Net income/(loss)

$             135,397

$           (583,250)

Net income/(loss) per common share – basic

$                   0.02

$                 (0.08)

Net income/(loss) per common share – diluted

$                   0.02

$                 (0.08)

Weighted average number of common shares outstanding – basic

7,712,091

7,706,004

Weighted average number of common shares outstanding – diluted

7,712,091

7,706,004

 

Cision View original content:http://www.prnewswire.com/news-releases/passur-aerospace-announces-net-income-of-135-000-and-third-consecutive-quarter-of-operating-profit-for-the-first-quarter-ended-january-31–2021–301247636.html

SOURCE PASSUR Aerospace

ECU // LAV and NDRC Launch Historic $30 Million Campaign to Pass For the People Act

Washington, DC, March 15, 2021 (GLOBE NEWSWIRE) — End Citizens United // Let America Vote Action Fund and the National Democratic Redistricting Committee (NDRC) today launched an historic nationwide campaign to pass the For the People Act (H.R. 1/S. 1)––a critical reform package to get dark money out of politics, crack down on corruption, end partisan gerrymandering, protect voting rights and ensure elections are accurate. 

ECU // LAV Action Fund and NDRC are investing $30 million in television and digital advertising, major grassroots activation, including putting boots on the ground in key states, and grasstops education and outreach. The campaign will fund key national and local allied organizations – from good government and voting rights groups to a wide array of issue advocacy groups. This historic investment will harness the grassroots energy for unrigging the system in Washington to make it work for everyone, not just those on top, and will make it clear to the Senate that we must pass this bill. 

“Washington has never been more broken. Special interests have too much power and influence and there is an assault on the right to vote. The For the People Act is the antidote, and Americans across party lines want it passed into law,” said ECU // LAV President Tiffany Muller. “That’s why we’re launching an historic nationwide campaign along with NDRC to mobilize millions of Americans to urge the Senate to make the For the People Act law.” 

“We’re partnering with ECU // LAV on this historic campaign to strengthen our democracy by fighting back against voter suppression and gerrymandering,” said NDRC President Kelly Ward Burton. “There is an all out assault on voting rights taking place in state legislatures across the country and the For the People Act will put our country back on the right track. If we ban gerrymandering, protect the right to vote, and give power back to the people, we can have a government that starts prioritizing the needs of its constituents instead of the special interests.”

A recent poll, commissioned by ECU // LAV Action Fund and NDRC and conducted by Global Strategy Group and ALG Research, shows that an overwhelming majority of Americans across party lines support the For the People Act (H.R. 1/S. 1). The poll found that 83 percent of Americans across party lines support the For the People Act. Specific reforms within the For the People Act are overwhelmingly popular, with most provisions receiving 90 percent or higher in support. 

The For the People Act will: 

FIGHT BIG MONEY IN POLITICS: take on the power of special interests, end dark money, and ensure public officials are working in the public interest. 

END EXTREME PARTISAN GERRYMANDERING: create a non-partisan, open process to draw transparent and fair congressional district maps. 

EXPAND VOTING RIGHTS: ensure we have secure, accurate elections and stop voter suppression efforts designed to stop people from voting based on who they will vote for.

HOLD ELECTED OFFICIALS ACCOUNTABLE: implement tougher ethics laws to ensure elected officials are held accountable.

Over the last several years, ECU // LAV Action Fund has advocated for the passage of the For the People Act through a nationwide grassroots campaign, paid communications, and partnerships with allied groups, candidates, and members of Congress. H.R. 1 has now been co-sponsored by every House Democrat two congressional sessions in a row. The Senate Democratic majority has also designated the legislation S. 1, the caucus’ first bill of the new Congress.

The National Democratic Redistricting Committee, chaired by the 82nd Attorney General of the United States Eric H. Holder, Jr., is the first-ever strategic hub for a comprehensive redistricting strategy. Launched in 2017, NDRC is attacking gerrymandering and voter suppression from every angle to ensure that the next round of redistricting is fair and results in maps that reflect the will of the voters. The NDRC has supported the creation of independent commissions or reforms to the redistricting process because we believe that is the best way to redistricting. We are working to rebuild our democracy so voters can choose their elected officials—not the other way around.

###



Bawadden Sayed
End Citizens United and Let America Vote
[email protected]

Ford Appoints Mobility Veteran Brett Wheatley As TransLoc CEO

– Ford veteran Brett Wheatley appointed chief executive officer of TransLoc, bringing deep experience to further support the growth of TransLoc and chart a path to the future

– One of the most experienced mobility professionals at Ford, Wheatley was responsible for leading the strategic growth of Mobility Businesses within the Ford AV LLC; he also led and established the company’s international mobility expansion across Europe, India and China

– Acquired by Ford in 2018, TransLoc develops intelligent software and services for transit agencies, supporting more than 1,500 transit provider locations worldwide

PR Newswire

DEARBORN, Mich., March 15, 2021 /PRNewswire/ — Ford Motor Company announces the appointment of Brett Wheatley as chief executive officer of TransLoc, a transportation software solutions company that’s part of the Ford Mobility portfolio. The move will bolster the continued growth of the Ford subsidiary and help set it on a successful path to the future.

Wheatley will report to Scott Griffith, chief executive officer, Ford Autonomous Vehicles LLC & Mobility Businesses. He will be based in Dearborn.

“Brett knows TransLoc better than anyone else at Ford, and his experience will be invaluable in this new role,” said Griffith. “The industry is moving quickly, so filling this position with someone who truly understands the business and who can help TransLoc focus on the future is critical.”

As TransLoc CEO, Wheatley will prioritize greater collaboration across Ford’s mobility and self-driving vehicle business, as part of Ford’s commitment to the next generation of urban mobility. He will also tap existing synergies between TransLoc and Ford to further develop transit operations and the data infrastructure needed to power transportation solutions.

“Efficient transit services are critical to the economy and the future of U.S. cities,” said Wheatley. “New developments in connected and autonomous vehicles will continue to improve how we travel, but their success is dependent upon how we integrate these services into our existing transit systems across cities, campuses and corporate enterprises and continue to provide equitable access.”

“I’m excited to lead the talented team at TransLoc to meet these challenges and collaborate with Ford’s other mobility businesses to help ensure everyone has access to affordable transportation options.”

A seasoned veteran with decades of experience

One of the most experienced mobility professionals at Ford, Wheatley previously served as the director of Mobility Businesses, and was responsible for leading it strategic growth within the Ford AV LLC. He also established the company’s international mobility expansion across Europe, India and China. Other business units led by Wheatley include Spin, City Solutions and Office Ride.

In other roles during his 30-year tenure at Ford, Wheatley established and led the global marketing and sales team for Ford Smart Mobility, to drive demand with consumer, commercial and city customers. He also brings international experience to the table, having led marketing and service initiatives for Ford across 13 Asia Pacific markets, based in Shanghai, China.

Wheatley has also previously played a critical role as part of the Ford corporate Fitness Redesign Initiative, driving improvements across the enterprise and leading a complete overhaul of the functional fitness across the globe. He served as executive director of the North American Ford Customer Service Division, where he was responsible for Ford and Motorcraft parts and service activities for Ford and Lincoln dealers, Quick Lanes, and independent repair facilities.

TransLoc: Powering new mobility solutions

Founded in 2004, TransLoc develops intelligent software solutions and services for transit agencies. TransLoc set the bar for data-driven transit solutions when it debuted with an app that let users explore transit stops and stay up to date on bus locations and arrival times.

After being acquired by Ford and merging with microtransit providers DoubleMap and Ride Systems, TransLoc now boasts more than 40 years of industry experience and the most comprehensive data-driven and accessible solutions for on-demand and fixed route services.

Working with cities, universities and other businesses with transit needs, TransLoc powers more than 600 million rides per year. In 2020 alone, TransLoc helped its customers in over 1500 locations across the US navigate the COVID-19 pandemic and supported the 3.7 billion transit rides that happened in the past year. 


About Ford Motor Company


Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford trucks, utility vehicles, and cars – increasingly including electrified versions – and Lincoln luxury vehicles; provides financial services through Ford Motor Credit Company; and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected vehicle services. Ford employs approximately 186,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit corporate.ford.com.


About TransLoc


TransLoc delivers a one-stop-shop for transit providers seeking transit orchestration solutions. Recognized by Fast Company for its innovative technology, today TransLoc’s intelligent transportation software portfolio includes flexible demand response, fixed route systems, and planning services, providing software and services for more than 1500 transit providers worldwide. Powering more than 600 million annual rides, TransLoc’s fixed route and on-demand systems are at the core of both cities and towns, and on university and business campuses. TransLoc has collectively partnered with agencies to deliver the highest level of service and win the confidence of the riding public for more than a decade.

Media Contact:

Martin Gunsberg

Ford Motor Company
[email protected]
Lori Niquette
SHIFT Communications for TransLoc
[email protected]

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ford-appoints-mobility-veteran-brett-wheatley-as-transloc-ceo-301247634.html

SOURCE TransLoc

Associa Recognized as One of the Best and Brightest Companies to Work For® by National Association for Business Resources

Associa Wins for Fifth Consecutive Year

Dallas, TX, March 15, 2021 (GLOBE NEWSWIRE) — Associa, the industry’s largest community management company, was recognized by the National Association for Business Resources (NABR) as one of Dallas/Fort Worth’s Best and Brightest Companies to Work For®.  This is the fifth consecutive year that Associa has earned this designation. 

The Best and Brightest Companies to Work For® designation honors organizations that display a commitment to excellence in their human resource practices and employee enrichment. This year’s national winning companies were assessed based on categories, including communication, work-life balance, employee education, diversity, recognition, retention, and more. Associa will be recognized along with the other winning companies at the Best and Brightest Digital Awards Celebration on March 24, 2021. 

“Associa is proud to be recognized once again by the NABR as one of the Best and Brightest Companies to Work For® in the Dallas/Fort Worth area,” stated Chelle O’Keefe, Associa executive vice president and chief human resources officer. “Associa knows that cultivating a positive employee experience is critical to our success. We remain dedicated to promoting a work environment where respect, communication, diversity, and opportunities for continued education and growth are all extremely valued. We look forward to our continued success in this area.”

About Associa

With more than 200 branch offices across North America, Associa delivers unsurpassed management and lifestyle services to nearly five million residents worldwide. Our 10,000+ team members lead the industry with unrivaled education, expertise and trailblazing innovation. For more than 40 years, Associa has provided solutions designed to help communities achieve their vision. To learn more visit www.associaonline.com.

About the Best and Brightest

The Best and Brightest Companies to Work For® is a program of the National Association for Business Resources, providing the business community with the opportunity to gain recognition, showcase their best practices and demonstrate why they are an ideal place for employees to work. This national program celebrates those companies that are making better business, creating richer lives and building a stronger community as a whole. The Best and Brightest Companies to Work For® is a national program with annual symposium and award celebrations presented in Atlanta, Boston, Chicago, Dallas/Fort Worth, Detroit, Grand Rapids, Houston, Milwaukee, and San Francisco. Visit www.thebestandbrightest.com to nominate a company.

Stay Connected: 

Like us on Facebook: https://www.facebook.com/associa 
Subscribe to the Blog: https://hub.associaonline.com/
Follow us on Twitter: https://twitter.com/associa
Join us on LinkedIn: http://www.linkedin.com/company/associa



Ashley Cantwell
Associa 
214-272-4107
[email protected]

Maalouf Ashford & Talbot Named Law Firm of the Year for 2021 in 13 Countries and in Multiple Categories

NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Maalouf Ashford & Talbot, one of the world’s leading international law firms, today announced that the Firm has been named Law Firm of the Year for 2021 in 13 Countries and in multiple categories including:

UNITED STATES

Arbitration & Litigation
Banking & Finance
Capital Markets
Compliance
Corporate
Energy
Environmental
Full Service
Islamic Finance
International Trade & Finance
M&A
Oil & Gas
Shipping & Maritime
Tax
Real Estate

DUBAI

Arbitration & Litigation
Banking & Finance
Compliance
Corporate
Intellectual Property
Oil & Gas
Pharmaceuticals & Biotechnology
Real Estate
Shipping & Maritime
Technology, Media & Telecommunications
Real Estate

SAUDI ARABIA

Arbitration & Litigation
Corporate
Compliance
Intellectual Property
M&A
Oil & Gas
Regulatory
Real Estate

BAHRAIN

Arbitration & Litigation
Banking & Finance
Compliance
Corporate
Oil & Gas
Regulatory
Real Estate

EGYPT

Arbitration & Litigation
Corporate
Compliance
Intellectual Property
Pharmaceuticals & Biotechnology
Regulatory
Technology
Media & Telecommunications
Real Estate

IRAQ

Arbitration & Litigation
Compliance
Corporate
International Trade & Finance
Pharmaceuticals & Biotechnology
Regulatory

JORDAN

Arbitration & Litigation
Compliance
Corporate
International Trade & Finance
Pharmaceuticals & Biotechnology
Regulatory

LEBANON

Arbitration & Litigation
Banking & Finance
Compliance
Corporate
M&A
Oil & Gas
Pharmaceuticals & Biotechnology
Regulatory
Real Estate

MOROCCO

Arbitration & Litigation
Compliance
Corporate
International Trade & Finance
Pharmaceuticals & Biotechnology
Regulatory

QATAR

Arbitration and Litigation
International Finance
Intellectual Property & Technology
M&A
Media and Telecommunications

CHINA

Banking & Finance
Corporate
M&A
Oil & Gas

UK

International Finance
M&A

BRAZIL

Corporate
M&A
Oil & Gas

ABOUT MAALOUF ASHFORD & TALBOT

Maalouf Ashford & Talbot, LLP, is one of the world’s leading international law firms with offices throughout the Middle East, Asia, Africa, Europe and the Americas.

The Firm represents Fortune 500 Companies in connection with matters involving international trade & finance law, arbitration & litigation, oil & gas law, corporate law, banking law, compliance and regulatory issues, technology, media and telecommunications law, pharmaceuticals law, tax law, mergers & acquisitions, Islamic finance law, intellectual property law, and media & telecommunications law.

Maalouf Ashford & Talbot has offices in New York City, Dubai, Abu Dhabi, Riyadh, Jeddah, Dammam, Al Khoper, Al Qatif, Cairo, Beirut, Baghdad, Erbil, Amman, Zurich, Hong Kong, and Shanghai, and affiliated offices in over 90 different countries worldwide.

Maalouf Ashford & Talbot represent clients in connection with their legal needs in the following countries:

MIDDLE EAST

United Arab Emirates
Saudi Arabia
Egypt
Qatar
Bahrain
Morocco
Iraq
Kuwait
Oman
Yemen
Lebanon
Syria
Jordan
Tunisia
Afghanistan
Libya
Israel
Iran (sanctions only)

AFRICA

Nigeria
Benin
Angola
Botswana
Republic of Congo
Democratic Republic of Congo
Central African Republic
Chad
Burkina Faso
Madagascar
Malawi
Burundi
Sierra Leone
Mauritius
Mozambique
Cameroon
Niger
Namibia
Seychelles
Mali
Cote d’Voire
South Africa
Swaziland
Djibouti
Eritrea
Zimbabwe
Equatorial Guinea
Cape Verde
Algeria
Ethiopia
Gabon
Mauritania
Ghana
Guinea
Kenya
Liberia
Senegal
Somalia
Tanzania
Uganda
South Sudan
Sudan (sanctions only)

AMERICAS

United States
Mexico
Canada
Brazil
Argentina
Columbia
Chile

EUROPE

United Kingdom
France
Switzerland
Spain
Germany
Russia
Italy
Belgium
Austria
Greece

ASIA




China
Japan
South Korea
Singapore
India
Pakistan
Malaysia
Vietnam
Thailand
Indonesia
Philippines

About Dr. John J. Maalouf

Dr. John J. Maalouf, Senior Partner of the Firm, is one of Wall Street’s top lawyers and is a globally recognized expert in the areas of International Trade & Finance Law, International Arbitration & Litigation, Corporate & Business Law, Banking Law, Mergers & Acquisitions, Oil & Gas Law, Pharmaceuticals Law, Telecommunications Law, and Intellectual Property Law.

Dr. Maalouf has been ranked as one of the Top 10 International Trade & Finance Lawyers in the United States for the past 15 consecutive years by the United States Lawyer Rankings, 2006 – 2020 Editions, taking the No. 1 position for the past 3 consecutive years.

In addition to being one of the world’s leading lawyers, Dr. Maalouf is also an International Arbitrator with the following Courts of International Arbitration and International Arbitration Centers:

• London Court of International Arbitration (LCIA)
• Dubai International Financial Center/LCIA (DIFC/LCIA)
• Dubai International Arbitration Centre (DIAC)
• Abu Dhabi Global Markets Arbitration Centre (ADGM)
• Swiss Arbitration Association (ASA)
• Emirates Maritime Arbitration Centre (EMAC)
• International Council for Commercial Arbitration (ICCA – The Hague, The Netherlands)
• Financial Industry Regulatory Authority (FINRA – United States of America)
• New York International Arbitration Center (NYIAC – Member)
• British Virgin Islands International Arbitration Centre (BVI IAC)
• Australian Centre for International Commercial Arbitration (ACICA)
• British Columbia International Commercial Arbitration Centre (BCICAC)
• GCC Arbitration Centre (Bahrain)
• Hong Kong International Arbitration Centre (HKIAC)
• Korean Commercial Arbitration Board (KCAB)

As an International Arbitrator, Dr. Maalouf has over 15 years of experience deciding large international commercial disputes between multinational companies around the world. In addition, Dr. Maalouf is a Member of MENSA, the International High IQ Society, and has a certified Genius IQ.

Lisa Stone
[email protected]

Attachment



IIROC Trading Halt – WLF

Canada NewsWire

VANCOUVER, BC, March 15, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Wolfden Resources Corporation

TSX-Venture Symbol: WLF

All Issues: Yes

Reason: At the Request of the Company Pending News

Halt Time (ET): 3:31 PM

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

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

Plan Ahead for Safety: Collegeboxes Discounting Services for Student Move-Outs

Discount codes good through April 15 to help students avoid big crowds on campus

PR Newswire

PHOENIX, March 15, 2021 /PRNewswire/ — Collegeboxes®, a division of U-Haul®, is encouraging students living on campus to plan for safety by packing and storing or shipping their belongings early, avoiding the moving congestion of finals and graduation weeks.

To promote safe distancing and shrink foot traffic at campus housing facilities when the spring term ends, Collegeboxes is announcing two big discounts for students who proactively secure storage and shipping services.

Students placing orders at Collegeboxes.com and using the code “STORE20” will receive 20% off storage fees for the entire summer when scheduling a socially distanced on-campus pickup. Collegeboxes will deliver students’ items to a secure U-Haul facility until the fall term.

Students can also use the code “SHIP10” to receive 10% off shipping fees to have Collegeboxes direct ship their belongings home – or to any address in the world.

The discount codes are valid for orders placed March 15 through April 15. Customers enter their codes during sign-up when providing their billing information.

“For students on campus during spring break, we suggest spring cleaning and early packing,” said Dain Howell, Director of Collegeboxes. “You can ship items home now or pack things for summer storage – winter items that are no longer needed, and other belongings you can do without the final six weeks of school. We can have boxes delivered to your door and picked up outside your door, with no contact, if that is your preference.”

The promotion is a way to reward students who plan ahead and make safe choices to minimize crowds during a traditionally busy time, Howell noted. “When items are shipped or stored, students can take their last test, or go to their graduation ceremony, and then leave campus with their essentials in a backpack and a suitcase. This makes the move-out process easy for everyone, including the colleges.”

Students enrolled at Collegeboxes full-service schools have access to the program’s signature service, which includes scheduled pick-up dates on campus for storage and shipping. These dates are posted at Stanford University, the University of Tennessee and hundreds of other schools.

Students at all other schools can utilize the direct shipping service.  This service simplifies shipping by providing boxes from Collegeboxes delivered to their door. Students print shipping labels and have their items picked up from their residence on a day they schedule from their account; or students can choose to drop their boxes at the nearest FedEx® store.

The discount codes are available to all students. For more information, call (866) 269-4887 or email [email protected].

Being backed by U-Haul means that Collegeboxes has the advantages of a large company with local teams in every U.S. market. Collegeboxes serves hundreds of schools at a high capacity and can offer its partner schools added benefits such as priority consideration and rapid response; allowing schools to stipulate timelines, dates and hours for our service providers; and access to the complete lineup of services, including packing, loading and unloading, photographing and barcoding, real-time reporting for students to follow their items, secure local U-Haul storage, and direct domestic and international shipping to students.

As an essential service provider, U-Haul has remained open throughout the COVID-19 pandemic while offering contactless business programs and enhanced cleaning protocols, including added steps for sanitizing equipment between customer transactions. U-Haul products are used daily by First Responders; delivery companies bringing needed supplies to people’s homes; small businesses trying to remain afloat; college students; and countless other dependent groups, in addition to the household mover. Please visit uhaul.com/announcement for more information on how U-Haul is keeping customers and Team Members safe.

About U-Haul

Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of 22,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers’ patronage has enabled the U-Haul fleet to grow to approximately 176,000 trucks, 127,000 trailers and 41,000 towing devices. U-Haul offers nearly 774,000 rentable storage units and 66.7 million square feet of self-storage space at owned and managed facilities throughout North America. U-Haul is the largest installer of permanent trailer hitches in the automotive aftermarket industry, and is the largest retailer of propane in the U.S.

Contact:

Jeff Lockridge

Sebastien Reyes

E-mail: [email protected]
Phone: 602-760-4941
Website: uhaul.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/plan-ahead-for-safety-collegeboxes-discounting-services-for-student-move-outs-301247626.html

SOURCE U-Haul

Two Achieve3000 Learning Solutions Awarded Research-Based Design Product Certifications

Evidence-based solutions accelerate literacy growth for students in preschool through high school

Red Bank, NJ, March 15, 2021 (GLOBE NEWSWIRE) — Achieve3000, the leader in differentiated instruction for in-school and remote learning, was awarded Research-Based Design product certifications from Digital Promise for Achieve3000 Literacy, its literacy acceleration solution for grades 2-12, and Smarty Ants, its foundational literacy solution for PreK-2.

Digital Promise’s product certifications are designed to offer educators and administrators timely, reliable information about ed-tech products to support evidence-based decision-making.

To receive consideration for this product certification, Achieve3000 submitted evidence to Digital Promise confirming a link between research on how students learn and the design of its products. The company was one of seven to receive the Research-Based Design product certification this year.

Proven, Research-Based Learning Solutions

“We’re excited and honored to have our Achieve3000 Literacy and Smarty Ants solutions recognized by Digital Promise,” said Stuart Udell, Achieve3000 CEO. “Their Research-Based Design product certification is the gold standard for digital learning products.”

“Those supporting learning with technology are looking for high-quality products,” said Christina Luke Luna, senior director of lifelong learning pathways at Digital Promise. “Through Digital Promise Product Certifications, consumers can narrow their options as they select products by identifying ed-tech that is truly based on research about learning before trying it out in their classrooms.”

The Research-Based Design and Learner Variability certifications use a competency-based learning framework, developed in consultation with nearly 100 educators across the United States as well as Digital Promise’s Learner Variability, Marketplace, and Learning Sciences Research teams. Further detail about certification development can be found in Digital Promise’s reports.



Rebecca Salem
Achieve3000
7323675505
[email protected]

IIROC Trading Halt – LXE

Canada NewsWire

VANCOUVER, BC, March 15, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Leucrotta Exploration Inc.

TSX-Venture Symbol: LXE

All Issues: Yes

Reason: At the Request of the Company Pending News

Halt Time (ET): 3:12 PM

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

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

National Seating & Mobility CEO Bill Mixon Receives Patriot Award

NASHVILLE, Tenn., March 15, 2021 (GLOBE NEWSWIRE) — National Seating & Mobility (NSM), North America’s largest provider of comprehensive mobility solutions, announced that Bill Mixon, NSM CEO, has been named a recipient of the U.S. Department of Defense’s Employer Support of the Guard and Reserve’s (ESGR) Patriot Award.

“I am honored to receive ESGR’s Patriot Award,” Mixon said. “As a veteran, it is of the utmost importance that NSM is committed to supporting those who serve this country. The freedom and opportunities we have are possible because of the sacrifices our service members have made in the past and make every day.”

The Patriot Award honors individual supervisors who have directly supported Service members and their families through actions such as allowing flexible schedules, providing time off prior to and after deployment, caring for families and granting leaves of absence if needed. Supervisors must be nominated by an employee serving in the Guard or Reserve or the spouse of a Guard or Reserve member. 

Mixon credits his service as an officer and helicopter pilot in the United States Army for his leadership skills, approach and philosophy.

“The skills and talents of NSM team members who are service members enriches our company and strengthens our mission,” added Mixon. “I respect their dedication to serve our clients and this country.”

In 2020, ESGR received more than 7,500 Patriot Award nominations. The ESGR awards program, which consists of seven awards, is designed to recognize employers for creating work environments that develop and support employees who serve in the Guard or Reserve. 

 

About National Seating & Mobility

For more than 25 years, National Seating & Mobility has been advancing independence and enhancing the quality of life of individuals with mobility challenges. With a network of more than 180 locations, experts and resources across the U.S. and in Canada, National Seating & Mobility is North America’s largest and most trusted provider of comprehensive mobility solutions including complex rehab technology, home and vehicle accessibility, and full-service equipment maintenance and repair. National Seating & Mobility is the only national mobility solutions provider accredited by The Joint Commission for demonstrating quality and safe care. For more information about National Seating & Mobility visit nsm-seating.com.

About ESGR

ESGR, a Department of Defense program, was established in 1972 to promote cooperation and understanding between Reserve Component Service members and their civilian employers and to assist in the resolution of conflicts arising from an employee’s military commitment. ESGR is supported by a network of more than 3,300 volunteers in 54 committees located across all 50 states, the District of Columbia, Guam-CNMI (Commonwealth of the Northern Mariana Islands), Puerto Rico, and the U.S. Virgin Islands. Volunteers, hailing from small business and industry, government, education, and prior military service bring a vast wealth of experience to assist in serving employers, Service members, and their families. Together with Headquarters ESGR staff and a small cadre of support staff for each State Committee, volunteers work to promote and enhance employer support for military service in the Guard and Reserve.

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Angie VanTassell
National Seating & Mobility
615-791-1535
[email protected]