Energy Focus to Report Fourth Quarter and Fiscal Year 2020 Earnings Results on March 25

Energy Focus to Report Fourth Quarter and Fiscal Year 2020 Earnings Results on March 25

SOLON, Ohio–(BUSINESS WIRE)–
Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable and human-centric lighting technologies, and who recently announced development of a range of UV-C disinfection products, will announce its financial results for its fourth quarter and fiscal year ended December 31, 2020, premarket on March 25th and will hold a conference call that day at 11 a.m. ET to discuss the results.

You can access the live conference call by dialing the following phone numbers:

Toll-free 1-877-451-6152 or

International 1-201-389-0879

Conference ID# 13717301

The conference call will be simultaneously webcast. To listen to the webcast, log on to it at: http://public.viavid.com/index.php?id=143849. The webcast will be available at this link through April 9, 2021. Financial information presented on the call, including the earnings press release, will be available on the investors section of Energy Focus’ website, investors.energyfocus.com.

About Energy Focus:

Energy Focus is an industry-leading innovator of sustainable LED lighting and lighting control technologies and solutions. As the creator of the first flicker-free LED lamps, Energy Focus develops high quality LED lighting products that provide extensive energy and maintenance savings, as well as aesthetics, safety, health and sustainability benefits over conventional lighting. Our EnFocusTM lighting control platform enables existing and new buildings to provide quality, convenient and affordable, dimmable and color-tunable, circadian and human-centric lighting capabilities. Our patent-pending UVCD technologies and products, announced in October 2020, aim to provide effective, reliable and affordable UVCD solutions for buildings, facilities and homes. Energy Focus’ customers include U.S. and foreign navies, U.S. federal, state and local governments, healthcare and educational institutions, as well as Fortune 500 companies. Since 2007, Energy Focus has installed approximately 900,000 lighting products across the U.S. Navy fleet, including tubular LEDs, waterline security lights, explosion-proof globes and berth lights, saving more than 5,000,000 gallons of fuel and 300,000 man-hours in lighting maintenance annually. Energy Focus is headquartered in Solon, Ohio. For more information, visit our website at www.energyfocus.com.

Investor Contact:

Hayden IR

Brett Maas

646-536-7331

[email protected]

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property Other Energy Interior Design Building Systems Energy Architecture Other Construction & Property Residential Building & Real Estate

MEDIA:

Climate First Bank (In Organization) Appoints Female Industry Leaders to Spearhead Executive Team

Leading banking executives Michele Glorie and Valarie Nussbaum-Harris to join the de novo bank’s executive management team

ST. PETERSBURG, Fla., March 15, 2021 (GLOBE NEWSWIRE) — Values-based community bank Climate First Bank (In Organization), names Michele Glorie as Chief Financial Officer and Chief Operating Officer, and Valarie Nussbaum-Harris as Executive Vice President, Tampa Bay Region Executive and Government Guaranteed Lending Executive.

With more than 22 years of executive and senior management experience, Glorie has a proven track record in overseeing strategic growth and driving profitability. Glorie has worked senior-level positions at various Florida community banks throughout her career. This includes working as EVP and CFO at Enterprise Bank of Florida, and as Director of Operations at Harbor Community Bank. During her tenure at Harbor Community Bank, Glorie successfully assisted with eight acquisitions and grew the bank from $50 million in assets to $2.2 billion over a seven-year period.

“In my role as CFO and COO, I look forward to executing Climate First Bank’s vision in becoming the largest and most profitable values-based financial institution in the Southeast,” says Glorie, one of the original six founding directors at Climate First Bank (I/O).

Glorie will be joined by life-long St. Petersburg resident, Nussbaum-Harris. In her new role as EVP, Tampa Bay Region Executive and Government Guaranteed Lending Executive, Nussbaum-Harris will draw on her 32 years of banking experience within the Tampa Bay market and her extensive background in SBA and USDA lending to help local businesses fund their expansion and growth sustainably. Prior to joining Climate First Bank (I/O), Nussbaum-Harris held executive positions at various national and community banks, including Bank of America, Regions Bank, SouthTrust Bank, and Freedom Bank. Adding to her resume, Nussbaum-Harris sat as board member for the City of St. Petersburg’s Environmental Development Commission, Leadership Tampa Bay and Leadership Pinellas.

“I’m ready to work with Climate First Bank (I/O) to transform traditional banking into a values-based model that didn’t exist before,” says Nussbaum-Harris, mother of two and a small business owner herself. “I’m especially grateful for the opportunity to serve the community I’ve lived in my whole life. With so many smaller banks being bought up and customer service reduced to dialing a 1-800 number, I look forward to working with Climate First Bank (I/O) to fill the vacuum in traditional, face-to-face community banking.”

Founded by veteran banker Ken LaRoe, Climate First Bank (I/O) is an environmentally conscious bank whose mission is to reimagine the community bank as a force for good. Backed by Environmental, Social and Governance (ESG) principles, the community bank will combat the climate crisis by financing sustainable business practices and providing dedicated loan options for solar photovoltaic (PV), energy retrofits and green infrastructure. The premier location, opening end of Q2, will be carbon neutral from day one. The institution was also recently announced as Florida For Good’s 200th member.


About Climate First Bank (I/O)


Climate First Bank (I/O) is a values-based community bank that will offer a complete, full-service portfolio of simple and easy-to-use traditional banking products. Those products will be powered by modern technology to meet the expectations of today’s consumers. In addition to offering standard banking services, the company will place a special emphasis on non-governmental organizations (NGO) and businesses committed to sustainability. Eco-conscious customers will find dedicated loan options for solar photovoltaic (PV), energy retrofits and infrastructure to help combat the climate crisis.

Stay tuned for the latest updates, and to learn more visit https://climatefirstbank.com.

Media Contact

Abigail Lacaillade
Uproar PR for Climate First Bank (I/O)
(407) 547-9700
[email protected]



REPLY: The Board of Directors Approved the Draft Financial Statements for the Year 2020

REPLY: The Board of Directors Approved the Draft Financial Statements for the Year 2020

TURIN, Italy–(BUSINESS WIRE)–Despite the effects of the pandemic, all economic indicators have improved.

  • Consolidated turnover of €1,250.2million (€1,182.5 million in 2019);
  • EBITDA at €207.9 million (€191.3 million in 2019);
  • EBIT at €169.5 million (€155.3 million in 2019);
  • Group net profit at €123.6 million (€113.9 million in 2019)

Approval of the proposed dividend distribution of €0.56 per share.

Today the Board of Directors of Reply S.p.A. [MTA, STAR: REY] approved the draft financial statement for the year 2020, which will be submitted for approval to the Shareholders’ Meeting to be held on first call in Turin on 26 April 2021.

The Reply Group closed 2020 with a consolidated turnover of €1,250.2 million, an increase of 5.7% compared to €1,182.5 million in 2019.

All indicators are positive for the period. Consolidated EBITDA was €207.9 million, an increase of 8.7% compared to €191.3 million recorded at December 2019.

EBIT, from January to December, was at €169.5 million, which is an increase of 9.1% compared to €155.3 million at December 2019.

The Group net profit was at €123.6 million, an increase of 8.6% compared to the €113.9 million recorded in 2019.

Following the results achieved in 2020, the Reply Board of Directors decided to propose a dividend distribution of €0.56 per share to the next Shareholders’ Meeting, which will be payable on 5 May 2021, with the dividend date set on 3 May 2021 (record date 4 May 2021).

As at 31 December 2020, the Group’s net financial position has been positive, at €158.7 million. As at 30 September 2020, the net financial position was positive, at €135.6 million.

“2020 – stated Mario Rizzante, Reply’s Chairman of the Board – was a year marked by one of the most complex economic and social crises in contemporary history. Reply was able to react to this unimaginable moment of discontinuity by closing a financial year in growth. In recent months, despite the difficulties experienced in the various lockdowns, we have continued to invest, gaining additional market share in Europe, the UK and in North America, and we have added new expertise to our core offers in cloud, artificial intelligence, 5g, robotics and connected vehicles.”

“We still await an uncertain future – concludes Mario Rizzante – “The emergency is still ongoing, with different trends in the countries where we are present and, much depends on the effectiveness and speed of the vaccination plans. The pandemic is, in any case, handing us back a profoundly changed world compared to the one we were used to just twelve months ago. All sectors, even the more traditional ones, have had to reconfigure themselves, digitalising processes and divisions and, at times, reinventing entire business models. This transformation is irreversible and, albeit dramatic for some, it opens up new opportunities for growth and development for companies like ours. High-speed communication software infrastructure, e-commerce, new digital experiences and a strong boost in automation will be the key elements of the economy over the coming years.”

The manager responsible for preparing the company’s financial reports, Dr Giuseppe Veneziano, states in accordance with Paragraph 2 of Article 154-bis of the Consolidated Finance Act, that the accounting information contained in this press release corresponds to the company’s records, ledgers and accounting entries.

Reply

Reply [MTA, STAR: REY, ISIN: IT0005282865] specialises in the design and implementation of solutions based on new communication channels and digital media. Reply is a network of highly specialised companies supporting key European industrial groups operating in the telecom and media, industry and services, banking, insurance and public administration sectors in the definition and development of business models enabled for the new paradigms of AI, cloud computing, digital media and the Internet of Things. Reply services include: Consulting, System Integration and Digital Services. www.reply.com

This press release is a translation, the Italian version will prevail.

Media

Reply

Fabio Zappelli

[email protected]

Tel. +390117711594

Investor Relation

Reply

Riccardo Lodigiani

[email protected]

Tel. +390117711594

Michael Lueckenkoetter

[email protected]

Tel. +49524150091017

KEYWORDS: Germany Europe United Kingdom Italy

INDUSTRY KEYWORDS: Banking Software Networks Social Media Professional Services Data Management Technology Other Communications Other Professional Services Insurance Communications Other Technology Telecommunications

MEDIA:

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Alaska Communications Stockholders Approve Acquisition by ATN International

BEVERLY, Mass., March 15, 2021 (GLOBE NEWSWIRE) — ATN International, Inc. (NASDAQ: ATNI) (“ATN”) announced today that, based on preliminary voting results of a special meeting of stockholders of Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications”) held on Friday, March 12, 2021, Alaska Communication’s stockholders have approved the pending acquisition by ATN of all of Alaska Communications shares. ATN and financial partner Freedom 3 Capital, LLC (“F3C”) previously announced the proposed transaction in January 2021 to acquire all the outstanding shares of Alaska Communications common stock for $3.40 per share in cash. The transaction will result in Alaska Communications becoming a privately held company, with ATN to own a majority ownership stake.

“Alaska Communications is an excellent fit for ATN. We look forward to entering this market with a provider that has a great reputation and working together with the Alaska Communications team to drive further growth,” noted Michael Prior, Chief Executive Officer.

The transaction remains subject to regulatory approvals from the Federal Communications Commission and Regulatory Commission of Alaska and other customary closing conditions and is expected to close in the third quarter of 2021.

About ATN
ATN International, Inc. (Nasdaq: ATNI), headquartered in Beverly, Massachusetts, invests in and operates communications, energy and technology businesses in the United States and internationally, including the Caribbean region, with a particular focus on markets with a need for significant infrastructure investments and improvements. Our operating subsidiaries today primarily provide: (i) advanced wireless and wireline connectivity to residential and business customers, including a range of high speed internet services, mobile wireless solutions, video services and local exchange services, and (ii) wholesale communications infrastructure services such as terrestrial and submarine fiber optic transport, communications tower facilities, managed mobile networks, and in-building wireless systems. For more information, please visit www.atni.com. 

About Freedom 3 Capital
Freedom 3 Capital invests in companies at inflection points. We help middle-market companies address strategic growth opportunities by delivering unique capital solutions.  Our investment process provides F3C the flexibility to tailor investment structures to the industry dynamics, the company’s specific requirements and the management team and owners’ long-term business objectives. Beyond the value of our capital, we believe our private equity approach to credit investing creates valuable, lasting partnerships with stakeholders and management teams.  F3C is currently investing out of Fund 4 with offices in New York and Kansas City.

About Alaska Communications
Alaska Communications (NASDAQ: ALSK) is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska. Alaska Communications operates a highly reliable, advanced statewide data network with the latest technology and the most diverse undersea fiber optic system connecting Alaska to the contiguous U.S. For more information, visit www.alaskacommunications.com or www.alsk.com. 

Cautionary Language Concerning Forward Looking Statements

This press release contains forward-looking statements relating to, among other matters, ATN’s future financial performance and results of operations. These forward-looking statements are based on estimates, projections, beliefs, and assumptions and are not guarantees of future events or results.  Actual future events and results could differ materially from the events and results indicated in these statements as a result of many factors, including, among others, (i) the risk that the transaction may not be completed in a timely manner or at all, (ii) the failure to satisfy the conditions to the consummation of the transaction, including the receipt of certain governmental and regulatory approvals, (iii) the failure to obtain the necessary financing to consummate the transaction, (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction, (v) the effect of the announcement or pendency of the transaction on Alaska Communications business relationships, operating results, and business generally, (vi) the outcome of any legal proceedings that may be instituted against Alaska Communications or ATN related to the transaction; (vii) the performance of the acquired business; (viii) ATN’s ability to operate in a new market; (ix) ATN’s ability to integrate the new business into its current operations; (x) increased competition; and (xi) changes in laws and government regulations affecting the acquired business.  These and other additional factors that may cause actual future events and results to differ materially from the events and results indicated in the forward-looking statements above are set forth more fully under Item 1A “Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC on March 1, 2021 and the other reports we file from time to time with the SEC. The Company undertakes no obligation and has no intention to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors that may affect such forward-looking statements, except as required by law.


Contact

:

Michael T. Prior
Chairman and
Chief Executive Officer

Justin D. Benincasa
Chief Financial Officer
978-619-1300



KeyedIn Launches Expanded Project Portfolio Management Product Line with Three Editions

MINNEAPOLIS, March 15, 2021 (GLOBE NEWSWIRE) — KeyedIn, a leader in Agile Portfolio Management, today launched an expanded project portfolio management (PPM) product line with three editions that includes KeyedIn Enterprise (KIE), KeyedIn Adaptive Portfolios (KAP) and KeyedIn Projects (KIP).

“With this expanded product line, we provide multiple editions to meet the wide-ranging demands of potential PPM customers,” said Matt Muldoon, Chief Product Officer for KeyedIn. “The PPM market is polarizing into two distinct segments: one for top-down strategic portfolio management and the other for bottom-up project execution. These new editions clarify the breadth of KeyedIn’s solutions for both segments, and in particular, emphasize our strength in strategic portfolio management for top-down investment and resource planning.”

The three editions include:

*KeyedIn Enterprise (KIE): Combines adaptive project management and strategic portfolio analysis for a complete project portfolio management (PPM) solution, with comprehensive capabilities that include everything from portfolio analysis and scenario modeling to task tracking and resource scheduling.

*KeyedIn Adaptive Portfolios (KAP): Delivers strategic portfolio analysis for investment-level decision-making. It can help organizations model, analyze and prioritize their portfolio of projects, as the business requires. KAP provides the enterprise project management office (ePMO) with comprehensive visibility into the capacity, demand, budget, deliverables and benefits of project portfolios, regardless of whether the underlying projects are executed using Agile, Waterfall or a custom work methodology.

*KeyedIn Projects (KIP): Adaptive project management for project delivery and execution. By automating project execution and resource management – and providing rich data about the cost, impact and delivery of any project-based work – KeyedIn Projects enables the project management office (PMO) to lower the cost and time associated with project delivery, improve resource utilization across the organization, and strengthen the credibility of the PMO.  

Muldoon explained that the KeyedIn Projects name was formerly used to refer to the company’s entire suite of PPM capabilities (now called KeyedIn Enterprise), and it now refers to only the bottom-up project execution and delivery feature set.

These three new product editions will be available to customers worldwide in April 2021. For more information visit www.keyedin.com or www.keyedin.com/pricing.


About KeyedIn



KeyedIn
helps its customers be more successful by empowering them to place the right bets, turn quickly and deliver faster. As a leader in Agile Portfolio Management, KeyedIn offers a suite of SaaS solutions that support business transformation, strategy realization and organizational change. The company’s award-winning products go beyond simple project management to encompass portfolio analysis, scenario modeling, capacity planning, product portfolio management, strategic resource management and more – supporting the evolving needs of PMOs, ePMOs and SROs. Join the hundreds of customers that have partnered with KeyedIn, including Walgreens Boots Alliance, Universal Electronics and Office Depot. For more information, visit www.keyedin.com, or contact 866-662-6820. 

For more media information, contact:
Lisa Hendrickson, LCH Communications for KeyedIn
[email protected] 
516-767-8390



Data from STEP clinical trial program evaluating effect of semaglutide 2.4 mg in people with obesity to be presented at 2021 ENDO annual meeting

PR Newswire

PLAINSBORO, N.J., March 15, 2021 /PRNewswire/ — Novo Nordisk today announced that results from three trials from the pivotal STEP (Semaglutide Treatment Effect in People with obesity) phase 3 clinical development program with investigational once-weekly subcutaneous semaglutide 2.4 mg will be shared at the virtual ENDO Annual Meeting on March 20-23.

STEP is one of the largest clinical trial programs for the management of obesity, consisting of four global trials involving approximately 4,500 adults with excess weight or obesity. The program provides a detailed snapshot of weight management and lifestyle intervention in participants treated with semaglutide 2.4 mg.1

“Obesity is a disease that has a direct impact on overall health and may be linked to at least 60 other serious health conditions,” said Anne Phillips, senior vice president, Clinical, Medical and Regulatory Affairs of Novo Nordisk. “Through the comprehensive approach of the core STEP trials, we believe the findings have the potential to help people lose weight and impact medical management for those living with obesity. The strength of the data enabled us to file for FDA approval in December, and we anticipate their decision in the coming months.”

The following will be presented at ENDO:

  • STEP 1: Efficacy and safety of once-weekly subcutaneous semaglutide 2.4 mg in adults with overweight or obesity (Abstract 6923)
  • STEP 1 Exploratory Analysis: Impact of semaglutide 2.4 mg once weekly on body composition in adults with overweight or obesity (Abstract 7180)
  • STEP 2: Efficacy and safety of semaglutide 2.4 mg once weekly in adults with overweight or obesity and type 2 diabetes (Abstract 7068)
  • STEP 4: Weight maintenance with once-weekly semaglutide 2.4 mg in adults with overweight or obesity reaching maintenance dose (Oral presentation, session ORO2)

In addition to evaluating the effect of weight loss and management, the confirmatory secondary analyses investigated waist circumference and certain cardiometabolic risk factors.2,3,4,5

Data will be available online from March 20-23 as part of the virtual ENDO annual meeting. Results from the STEP 4 trial will be presented live from 2:00-3:00 PM on March 23.

About semaglutide 2.4 mg for weight management

Once-weekly sc semaglutide 2.4 mg is being investigated by Novo Nordisk as a potential treatment option for obesity. Semaglutide is an analogue of the human glucagon-like peptide-1 (GLP-1) hormone.6,7

About the STEP clinical trial program  
STEP (Semaglutide Treatment Effect in People with obesity) is a phase 3 clinical development program with once-weekly sc semaglutide 2.4 mg in obesity. The global phase 3a program consists of four trials and has enrolled approximately 4,500 adults with overweight or obesity.1

About obesity

Obesity is a chronic, progressive and misunderstood disease that requires long-term medical management.8,9 One key misunderstanding is that this is a disease of willpower, when in fact there is underlying biology that prevents people from losing weight and keeping it off.10 Obesity is influenced by a variety of factors, including genetics, appetite signals, behavior and the environment.10 It is a gateway disease and is associated with at least 60 other health conditions.11 The current COVID-19 pandemic has highlighted that obesity also increases the risk for severe illness and hospitalization due to COVID-19.12,13

The global increase in the prevalence of obesity is a public health issue that has severe cost implications to healthcare systems. In the United States, more than 42% of adults live with obesity.14

About Novo Nordisk 
Novo Nordisk is a global healthcare company that’s been making innovative medicines to help people with diabetes lead longer, healthier lives for 95 years. This heritage has given us experience and capabilities that also enable us to help people defeat other serious diseases including obesity, hemophilia and growth disorders. We remain steadfast in our conviction that the formula for lasting success is to stay focused, think long-term and do business in a financially, socially and environmentally responsible way. With U.S. headquarters in New Jersey and production and research facilities in six states, Novo Nordisk employs nearly 6,000 people throughout the country. For more information, visit novonordisk.us, Facebook, Instagram and Twitter.

References

1 Kushner RF, Calanna S, Davies M, et al. Semaglutide 2.4 mg for the Treatment of Obesity: Key Elements of the STEP Trials 1 to 5. Obesity. 2020; 28:1050-1061.
2 Wilding JP, Batterham R, et al. Once-weekly semaglutide in adults with overweight or obesity. New England Journal of Medicine. February 10, 2021. 
3 Wilding JP, Batterham R, et al. Impact of semaglutide on body composition in adults with overweight or obesity: Exploratory analysis of the STEP 1 study. Presented at ENDO Annual Meeting. March 20-23, 2021. 
4 Davies M, Færch L, et al. Semaglutide 2·4 mg once a week in adults with overweight or obesity, and type 2 diabetes Presented at ENDO Annual Meeting. March 20-23, 2021.
5 Domenica R, Abrahamsson N, et al. Weight loss maintenance with once-weekly semaglutide 2.4 mg in adults with overweight or obesity reaching maintenance dose. Presented at ENDO Annual Meeting. March 20-23, 2021
6 Blundell J, Finlayson G, Axelsen M, et al. Effects of once-weekly semaglutide on appetite, energy intake, control of eating, food preference and body weight in subjects with obesity. Diabetes Obes  Metab. 2017; 19:1242-1251.
7 Lau J, Bloch P, Schaffer L, et al. Discovery of the Once-Weekly Glucagon-Like Peptide-1 (GLP-1) Analogue Semaglutide. J Med Chem. 2015; 58:7370-7380.
8 American Medical Association. A.M.A Adopts New Policies on Second Day of Voting at Annual Meeting. Obesity as a Disease. Available at: http://news.cision.com/american-medical-association/r/ama-adopts-new-policies-on-second-day-of-voting-at-annual-meeting,c9430649. Last accessed: February 2021.
9 Bray GA, Kim KK, Wilding JPH. World Obesity Federation. Obesity: a chronic relapsing progressive disease process. A position statement of the World Obesity Federation. ObesRev. 2017;18(7):715-723. doi:10.1111/obr.12551.
10 Wright SM, Aronne LJ. Causes of obesity. Abdom Imaging. 2012;37(5):730-732.
11 Bays HE, McCarthy W, Christensen S, et al. Obesity Algorithm, presented by the Obesity Medicine Association. Available at: https://obesitymedicine.org/obesity-algorithm/. Last Accessed: February 2021.
12 Finer N, Garnett SP and Bruun JM. COVID-19 and obesity. Clin Obes. 2020; 10:e12365.
13 Ryan DH, Ravussin E and Heymsfield S. COVID 19 and the Patient with Obesity – The Editors Speak Out. Obesity (Silver Spring). 2020; 28:847.
14 Adult Obesity Facts. Centers for Disease Control and Prevention. https://www.cdc.gov/obesity/data/adult.html. Updated June 29, 2020. Last accessed: February 2021.

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SOURCE Novo Nordisk

Vinci Partners Announces R$256 Million Capital Raise For New Water And Sewage Strategy

PR Newswire

RIO DE JANEIRO, March 15, 2021 /PRNewswire/ — Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners, “the Company,” “we,” “us,” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced the closing of R$256 million in commitments for “Vinci Infraestrutura Água e Saneamento Fundo de Participações em Infraestrutura”, or “VIAS”, a fund managed by the Vinci Partners Infrastructure segment.  

This capital raise marks the beginning of a new strategy in Vinci Partners’ Infrastructure segment, focused on investing private capital into the privatization of state-owned companies that provide water and sewage services for the Brazilian population, for which we expect to raise up to R$1.0 billion.

José Guilherme Souza, partner and Head of Infrastructure for Vinci Partners, said, “We are very pleased with our first capital raise for VIAS, as it sets the start for a new investment strategy within the Infrastructure segment. We are seeing a robust pipeline of opportunities, aligned with the sector’s new regulatory framework, which set universal goals of coverage and quality for water and sewage services rendered in Brazil. The Brazilian landscape is currently dominated by state-owned companies, with a relevant privatization and public services concessions agenda from the government, and very few private players with proven track record in the field that are able to invest in all these opportunities.”

About Vinci Partners Infrastructure

Our infrastructure core plus strategy has exposure to real assets related to physical infrastructure, through investments in equity and debt instruments across several sectors, including but not limited to power generation and transmission, transportation and logistics and water & sewage. The infrastructure team seeks control or control-oriented positions and employs active hands-on management of assets and operations. We primarily review brownfield and consolidation opportunities, targeting fragmented industries within sub-strategies.

About Vinci Partners

Vinci Partners is a leading alternative investment platform in Brazil, established in 2009. Vinci Partners’ business segments include private equity, public equities, real estate, credit, infrastructure, hedge funds, and investment products and solutions, each managed by dedicated investment teams with an independent investment committee and decision-making process. We also have a financial advisory business, focusing mostly on pre-initial public offering, or pre-IPO, and merger and acquisition, or M&A, advisory services for Brazilian middle-market companies.

Forward-Looking Statements

This press release contains forward-looking statements that can be identified by the use of words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. By their nature, forward-looking statements are necessarily subject to a high degree of uncertainty and involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside of our control. Such factors may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statements and there can be no assurance that such forward-looking statements will prove to be correct. The forward-looking statements included herein speak only as at the date of this press release and we do not undertake any obligation to update these forward-looking statements. Past performance does not guarantee or predict future performance. Moreover, neither we nor our affiliates, officers, employees and agents undertake any obligation to review, update or confirm expectations or estimates or to release any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release. Further information on these and other factors that could affect our financial results is included in filings we have made and will make with the U.S. Securities and Exchange Commission from time to time.


USA Media Contact

Nick Lamplough / Kate Thompson / Katie Villany
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449

Brazil Media Contact
Danthi Comunicações
Carla Azevedo ([email protected])
+55 (21) 3114-0779

Investor Contact

[email protected]

NY: +1 (646) 559-8040
RJ: +55 (21) 2159-6240

Cision View original content:http://www.prnewswire.com/news-releases/vinci-partners-announces-r256-million-capital-raise-for-new-water-and-sewage-strategy-301247331.html

SOURCE Vinci Partners

Creatd, Inc. Announces $20K Grand Prize Winner of Vocal and Moleskine’s “Little Black Book” Challenge; Partnership Has Yielded Record Level of Submissions

– The “Little Black Book” Challenge generated over 12,000 submitted stories, and over 74 million impressions from over 15 million unique viewers.

– Vocal and Moleskine’s successful collaboration is expected to be the first in a series of initiatives between the two creator-oriented companies.

PR Newswire

FORT LEE, N.J., March 15, 2021 /PRNewswire/ — Creatd, Inc. (Nasdaq CM: CRTD) (“Creatd” or the “Company”), the parent company of Vocal, announced the selected winners of Vocal’s “Little Black Book” Challenge, launched in partnership with Moleskine, the legendary brand whose notebooks help the creative community draw inspiration and cultivate their talents.

The Challenge prompted Vocal creators to submit a fictional story imagining what they would do if they came into $20,000 unexpectedly; qualifying stories also included a reference to a “little black book,” a nod to Moleskine’s iconic notebook. This Challenge featured Vocal’s largest reward offered to date, a $20,000 cash prize for the grand prize winner. Additionally, Moleskine rewarded winners with an assortment of Moleskine tools, including writing kits and Smart Notebooks, which enable writers to make space for new stories and concepts while connecting their handwriting to the digital world.

Commented Moleskine CEO Daniela Riccardi, “As a provider of physical spaces where creativity, ingenuity, and self-expression nestle, Moleskine is excited to join Vocal on their like-minded mission to be a platform for talent and connect a worldwide community of passionate creators. Moleskine believes in empowering creativity and knowledge around the world, and sees this partnership as being the first in a series of collaborations that will spark the curiosity and genius of creators at Vocal.” 

Vocal Challenges have a unique ability to capture the hearts and minds of the creative community and drive meaningful engagement. Challenges combine thought-provoking story prompts and sizable reward potential, which work to inspire creators and drive them toward participation. Brands can similarly capitalize on this combined effect by collaborating with Vocal on a sponsored Challenge, prompting the creation of high-quality stories that are centered around the brand’s mission and further disseminated through creators’ respective social channels and promotional outlets.

In total, the “Little Black Book” Challenge generated 12,488 stories, each with a tie-in to the Moleskine brand. Promotional efforts for Challenge submissions garnered over 74 million impressions from over 15 million unique viewers. To view the winners of the “Little Black Book” Challenge, please visit: https://vocal.media/resources/little-black-book-challenge-winners

Commented Erica Wagner, writer, editor, lecturer, and “Little Black Book” Challenge judge: “Choosing the winner of this Challenge was a challenge in itself—and not only because there were over 12,000 entries. The quality of the writing and the storytelling was extremely high; it was a real pleasure to read the submitted stories, and exciting to choose our winners and runners-up.”

Added Creatd COO Laurie Weisberg, “Our partnership with Moleskine had the highest impact of any Vocal Challenge launched to date; we saw participation from nearly half of the highly active and engaged Vocal+ community. We are thrilled with the results and excited at the prospect of continued collaboration with Moleskine, who we see as the ideal partner for Vocal and perfectly aligned with our core value of championing creators and celebrating the written word.”

About Creatd

Creatd, Inc. (Nasdaq CM: CRTD), the parent company of wholly-owned subsidiaries Vocal Ventures, LLC and Creatd Partners, LLC, empowers creators, brands, and entrepreneurs through technology and partnership. Its flagship product, Vocal, is a best-in-class creator platform. For more information, please visit:

Creatd: https://creatd.com;

Creatd Investor Relations: https://investors.creatd.com;

Vocal: https://vocal.media;

Investor Relations Contact: [email protected]

About Moleskine

Moleskine was created as a brand in 1997, born from the heritage of a legendary notebook used by artists and thinkers of the past two centuries. Today, Moleskine offers a vast family of notebooks, journals, bags, smart notebooks that connect our paper to screen, apps, and writing tools. Together, they form an ecosystem of tools and services which inspires imaginations, exploration, and fuels creative practice. For more information, please visit https://us.moleskine.com.

Forward-Looking Statements

Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/creatd-inc-announces-20k-grand-prize-winner-of-vocal-and-moleskines-little-black-book-challenge-partnership-has-yielded-record-level-of-submissions-301247113.html

SOURCE Creatd, Inc.

“No Student Debt,” US Gov Approves Biomedical Equipment Technician Apprenticeship

 

Arlington, VA, March 15, 2021 (GLOBE NEWSWIRE) — The U.S. Department of Labor (DoL) has approved the creation of a modern apprenticeship program for prospective biomedical equipment technicians (BMET). The new program, launched by the Association for the Advancement of Medical Instrumentation (AAMI), replaces a decades-old curriculum, and offers “fresh off-the-street” apprentices on-the-job training. 

“The program is an open door, offering a great career with no student debt,” said Maggie Berkey, CBET, a senior BMET for Common Spirit Health and a member of AAMI’s Technology Management Council. “Success will be seeing more positions getting filled more quickly, and not just by warm bodies, but by people ready to do the job safely and effectively!” 

The backbone of hospitals and even laboratories, BMETs routinely service the medical devices that are needed to monitor patient health or record important data. When networked medical devices fail to communicate with one another, it is up to well-trained professionals to figure out what went wrong. And in a hospital setting, crucial device repairs often cannot wait for the manufacturer to send a technician. 

Of course, experienced BMETs are in high demand. The U.S. Bureau of Labor Statistics projects that nearly 3,000 new BMET positions will be created by 2029, with an above-average growth rate of five percent for the field. What worries managers is that nearly half of the current healthcare technology management (HTM) workforce is over the age of 50.  As more BMETs retire and the number of college programs to train new HTM professionals dwindles, the demand for new hires will only increase. 

“Across the U.S., we’re seeing job openings for BMETs not getting filled for eight or nine months at a time, and colleges are being forced to drop their BMET programs due to budgetary constraints,” said Danielle McGeary, AAMI’s vice president of HTM. “This only serves to widen a training gap between the county’s most senior and soon to be retiring BMETs and the next generation of HTM professionals.” 

The new BMET Apprenticeship program, co-designed by McGeary and Berkey, is a step towards closing that gap. 

“The idea is to take individuals practically right off the street, near wherever positions need filling, and train them on the job. They learn from other BMETs with 20 or 30 years of experience while getting valuable hands-on experience, and by the time they’re done training, they’re ready to go on call,” said Berkey. “They already know the policies and safety procedures of the facility they worked at. They know the equipment and customers, and they’ve had those critical interactions that you can’t train for with a textbook!” 

The new AAMI program replaces a four-year BMET program that was established in the 1990s. The modernized program boasts a shorter term, with of 4,000 to 6,000 hours of paid, on-the-job training in safety, electronics, anatomy, information technology, and more. Apprentices will study and acquire AAMI’s premiere CABT certification for professionals entering the BMET field, a certification in IT Fundamentals, and finally become a Certified Biomedical Equipment Technician. 

“With the certification being built right in, you know that this person has at least this minimum knowledge base, that they’re teachable, and they have a broad understanding of what their job is and what their responsibilities are,” Berkey added. “It sets a bar of excellence for our industry, and that’s what we all want!” 

For trainees that already have some of the required training completed, an employer can fast track the apprenticeship. Program graduates earn a certificate from AAMI and the DoL, asserting that their training meets a national standard of excellence. Employers cover the expense of training and certification with support from the DoL. In turn, participating organizations are offered state tax credits for taking on apprentices. The National Apprenticeship Act of 2021, recently passed by the U.S. House of Representatives, may also provide support as soon as early 2022.

About AAMI

AAMI (www.aami.org) is a nonprofit organization founded in 1967. It is a diverse community of more than 9,000 healthcare technology professionals united by one important mission—supporting the healthcare community in the development, management, and use of safe and effective health technology. AAMI is the primary source of consensus standards, both national and international, for the medical device industry, as well as practical information, support, and guidance for health technology and sterilization professionals.

Contact

Media relations manager
Brian Stallard
Your primary press contact for AAMI.
[email protected]
(703) 647-2771



Ether Capital Corporation Closes Offering of Units

Ether Capital Corporation Closes Offering of Units

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO–(BUSINESS WIRE)–
Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) announced today that it has closed its previously announced overnight marketed offering (the “Offering”) of 8,283,950 units of the Company (“Units”), including the underwriters’ partial exercise of their over-allotment option to acquire an additional 820,950Units, at a price of $3.35 per Unit. The Company also completed an additional concurrent unbrokered private placement of 298,500 Units at a price of $3.35 per Unit (the “Private Placement”). The combined gross proceeds of the Offering and the Private Placement were approximately $28.75 million, before deducting commissions and expenses of the Offering.

Each Unit issued today consists of one common share in the capital of the Company (“Common Shares”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant entitles the holder thereof to acquire, subject to adjustment in certain circumstances, one Common Share at an exercise price of $4.00 per Warrant prior to March 15, 2023. In the event that the closing price of the Common Shares is greater than $8.00 per Common Share for a period of 15 consecutive trading days at any time after the closing of the Offering, the Company may accelerate the expiry date of the Warrants by giving written notice to the holders thereof and in such case the Warrants will expire 30 days after the date on which such notice is given by the Company. The Warrants have been conditionally approved for listing on the NEO Exchange Inc. (“NEO”), and trading on the NEO is expected to commence later this week, subject to the Company fulfilling all applicable listing requirements.

The Units were offered in each of the provinces and territories of Canada, other than Québec, pursuant to a prospectus supplement dated March 10, 2021 (the “Supplement”) to the Company’s short form base shelf prospectus dated March 4, 2021 (the “Base Shelf Prospectus”) and in the United States pursuant to exemptions from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.

The Company intends to use the net proceeds of the Offering and the Private Placement to execute on the Company’s business strategy of investing in projects, protocols, technologies and businesses that leverage the Ethereum ecosystem and Web 3 technologies, which may include investments in digital assets. The Company may also use the net proceeds for working capital requirements or for other general corporate purposes. Pending any such permanent use of the net proceeds, the Company intends to invest the net proceeds in Ether.

The Offering was led by Canaccord Genuity Corp. and CIBC World Markets Inc., as co-lead underwriters, on behalf of a syndicate of underwriters including Cormark Securities Inc., PI Financial Corp. and M Partners Inc. The Private Placement was not brokered.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Ether Capital Corporation

Ether Capital is a Toronto-based technology company whose long-term objective is to become the central business and investment hub for the Ethereum and Web 3 ecosystem. Ether Capital has invested in Ethereum’s native utility token “Ether” as a strategic asset, and selectively invests in projects, protocols and businesses that leverage the Ethereum ecosystem and Web 3 technologies. Founded by a highly experienced Board of Directors and management team, Ether Capital has the experience and relationships to support businesses and invest in industry-shifting disruptive technologies. For more information, visit http://ethcap.co/.

The content of this document is for informational purposes only, and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. The information is not investment advice, nor is it tailored to the needs or circumstances of any investor. Information contained on this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this document and any representation to the contrary is an offence. Information contained in this document is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice and neither Ether Capital Corporation, nor any of its affiliates, will be held liable for inaccuracies in the information presented.

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements in regard to the expected date by which the Warrants are expected to commence trading on the NEO and the intended use of proceeds of the Offering and the Private Placement. The Company cautions the reader not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. Generally, but not always, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “on pace”, “anticipates”, or “does not anticipate”, “believes”, and similar expressions or state that certain actions, events or results “may”, “could”, “would”, “should”, “might”, or “will” be taken, occur or be achieved.

Forward-looking statements are based on information available to management at the time they are made, management’s current plans, estimates, assumptions, judgments and expectations. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: general business, economic, competitive, geopolitical, technological and social uncertainties; uncertainties in regard to the development and acceptance of blockchain technology (including proof of stake and Ethereum 2.0), and the Ethereum platform and anticipated timing and impact of the Ethereum network upgrade, the impact of the outbreak of the COVID-19 coronavirus on the Company, and the other risk factors discussed in the Company’s Annual Information Form dated March 25, 2020, the Risk Factors section in its most recently filed management’s discussion and analysis, the Risk Factors section in its Supplement and Base Shelf Prospectus and its other filings available on-line at www.sedar.com. Although the forward-looking information contained in this press release is based on assumptions that the Company believes to be reasonable at the date such statements are made, there can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. In addition, the Company cautions the reader that information provided in this press release is provided in order to give context to the nature of some of the Company’s future plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update or revise any forward-looking information, except in accordance with applicable securities laws.

Brian Mosoff

Chief Executive Officer

[email protected]

Stefan Coolican

President and Chief Financial Officer

[email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Professional Services Data Management Technology Software Finance Internet Banking

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