Market Newsdesk

WESTPORT, Conn., Dec. 10, 2020 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, today will host its 2020 Virtual Investor Day, where it will discuss how CODI’s differentiated permanent capital model has positioned the Company for growth in 2020 and the Company’s anticipated outlook for 2021. The event will also include a presentation from Shawn Neville, CEO of BOA Technology (“BOA”), CODI’s newest subsidiary company, acquired in October 2020.

“We are excited to update the investor community on CODI’s significant progress in 2020 and our optimism for the year ahead,” said Elias Sabo, Chief Executive Officer of CODI. “CODI’s permanent capital model has enabled our team to transform our portfolio over the past three years and provided us with what we believe is a clear structural advantage in the current dislocated market. We are confident that our capital allocation strategy, active management style and diverse group of subsidiaries have positioned us to proactively execute on our growth strategy and we expect that these factors will drive meaningful shareholder value in 2021 and beyond.”

Compelling Value Proposition

In today’s presentation, CODI will outline the central tenants that continue to drive the Company’s performance:

• 
  P
  
  
  ermanent capital
  
  
  model
  allows the Company to be patient in acquiring and actively managing leading middle market businesses.

• 
  A
  
  
  ctive management
  
  
  style
  focuses on core areas that translate into the highest value creation for shareholders.

• 
  Management team
  is fully aligned with shareholders and invests alongside them.

• 
  Diverse set of niche, market-leading companies
  reduces the volatility in CODI’s financial results, and the recent acquisitions of BOA and Marucci only serve to further enhance that diversification and the breadth of end markets served, as well as strengthen CODI’s overall growth prospects.

Presentation from Newest Subsidiary – BOA Technology

Over the past nearly two decades, the BOA Fit System has become the global leader in performance fit solutions integrated into market-leading, well-known premium brand partner products. At today’s event, BOA CEO, Shawn Neville, will provide an overview of BOA’s:

• History and expansion into new categories;
• Competitive advantages including diverse intellectual property portfolio;
• Large and growing addressable consumer market; and
• Focus on being a good corporate citizen and doing good for its communities and the environment.

Continued Strong Financial Performance

In today’s presentation, CODI will also discuss the Company’s strong financial position, including:

• How CODI’s strong balance sheet positioned the Company to execute on the compelling acquisitions of Marucci Sports and BOA in 2020;
• CODI’s leverage ratio history and optimum leverage level for the business;
• Efforts to drive CODI’s cost of capital lower;
• 2020 financial performance substantially exceeding expectations; and
• Providing an update on guidance, including that CODI expects to be at the higher end of the previously disclosed guidance for 2020.

Webcast
Information

Today’s Virtual Investor Day will begin at 1:00 pm ET. A live video webcast including audio, video, presentation materials and an archived replay, is available here: 2020 Virtual Investor Day, or on the investor relations page of the Company’s website IR.CompassDiversified.com. Please allow extra time prior to the start of the event to download any necessary software that may be needed to view the webcast.

About Compass Diversified (“CODI”)

CODI owns and manages a diverse set of highly defensible North American middle market businesses. Each of its current subsidiaries is a leader in its niche market. For more information, visit compassdiversified.com.

Leveraging its permanent capital base, long-term disciplined approach and actionable expertise, CODI maintains controlling ownership interests in each of its subsidiaries, maximizing its ability to impact long-term cash flow generation and value creation. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and has consistently generated strong returns through its culture of transparency, alignment and accountability.

Our ten majority-owned subsidiaries are engaged in the following lines of business:

• The design and marketing of purpose-built technical apparel and gear serving a wide range of global customers (5.11);
• The manufacture of quick-turn, small-run and production rigid printed circuit boards (Advanced Circuits);
• The manufacture of engineered magnetic solutions for a wide range of specialty applications and end-markets (Arnold Magnetic Technologies);
• The design and marketing of dial-based fit systems that deliver performance fit across footwear, headwear and medical bracing products (BOA Technology);
• The design and marketing of wearable baby carriers, strollers and related products (Ergobaby);
• The design and manufacture of custom molded protective foam solutions and OE components (Foam Fabricators);
• The design and manufacture of premium home and gun safes (Liberty Safe);
• The design and manufacture of baseball and softball equipment and apparel (Marucci Sports);
• The manufacture and marketing of portable food warming systems used in the foodservice industry, creative indoor and outdoor lighting, and home fragrance solutions for the consumer markets (Sterno); and
• The design, manufacture and marketing of airguns, archery products, optics and related accessories (Velocity Outdoor).

Forward-Looking Statements

This press release contains, and the webcast will contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements as to the future performance or liquidity of CODI and its subsidiaries, such as expectations regarding our 2020 guidance or 2021 outlook as well as other statements with regard to the future performance of CODI and its subsidiaries.

We may use words such as “anticipate,” “believe,” “expect,” “intend,” “will,” “should,” “may,” “seek,” “look,” and similar expressions to identify forward-looking statements. The forward-looking statements contained in this press release and webcast involve risks and uncertainties. Actual results could differ materially from those implied or expressed in the forward-looking statements for any reason, including the factors set forth in “Risk Factors” and elsewhere in CODI’s annual report on Form 10-K and its quarterly reports on Form 10-Q. Other factors that could cause actual results to differ materially include: the impact, in the near, medium and long-term, of the COVID-19 pandemic or social or political unrest on our business, results of operations, financial position, liquidity, cash flows or ability to make distributions; our business prospects and the prospects of our portfolio companies; the impact of investments that we make or expect to make; the dependence of our future success on the general economy and its impact on the industries in which we operate; the ability of our portfolio companies to achieve their objectives; the adequacy of our cash resources and working capital; the timing of cash flows, if any, from the operations of our portfolio companies; changes in the economy, financial markets and political environment; risks associated with possible disruption in CODI’s operations or the economy generally due to terrorism, natural disasters, social, civil and political unrest or the COVID-19 pandemic; future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities); and other considerations that may be disclosed from time to time in CODI’s publicly disseminated documents and filings. Undue reliance should not be placed on such forward-looking statements as such statements speak only as of the date on which they are made. Although, except as required by law, CODI undertakes no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise, you are advised to consult any additional disclosures that CODI may make directly to you or through reports that it in the future may file with the SEC, including annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.

Contacts

Investor Relations:

The IGB Group
Leon Berman
212-477-8438
[email protected]

Media Contact:

Joele Frank, Wilkinson Brimmer Katcher
Jon Keehner / Kate Thompson / Julia Sottosanti
212-355-4449

SAN FRANCISCO, Dec. 10, 2020 (GLOBE NEWSWIRE) — Vir Biotechnology, Inc. (Nasdaq: VIR) today announced the appointment of Jeffrey Hatfield, an accomplished industry executive with more than three decades of commercial experience, to its Board of Directors.

“We are pleased to welcome Jeff to the Vir team during this important period of rapid growth and transition. His passion for and experience building platform-based companies and advancing commercial programs based on cutting-edge technology will be invaluable as we continue to advance a full portfolio of novel compounds across a range of therapeutic areas,” said Vicki Sato, Ph.D., chairman of Vir’s Board of Directors.

“Jeff is a talented executive whose leadership experience and commercial expertise make him an ideal and timely addition to our Board,” said George Scangos, Ph.D., chief executive officer of Vir. “We look forward to applying his insights and experience to the near-term milestones and catalysts that have the potential to transform Vir, and to our longer-term potential to impact the trajectory of serious infectious diseases.”

Hatfield currently serves as chief executive officer of Vividion Therapeutics, Inc. Previously, he was chief executive officer of Vitae Pharmaceuticals, Inc., where he led the company from start-up to clinical-stage advancement of multiple first-in-class programs, and ultimately to its $640 million acquisition by Allergan Plc. Prior to that, Hatfield worked at Bristol Myers Squibb in a variety of executive positions, including: Senior Vice President, Immunology and Virology Divisions; President and General Manager, BMS-Canada; and Vice President, U.S. Managed Health Care. 

“As a company at the forefront of the COVID-19 pandemic, Vir is making incredible contributions to the science of infectious disease when the world needs it most,” said Hatfield. “I am honored to join the Vir Board of Directors and look forward to contributing to the advancement of a broad portfolio of medicines designed to address some of the world’s most complex public health challenges.”

Hatfield earned an M.B.A. from the Wharton School of the University of Pennsylvania, and a B.S. from the Purdue University College of Pharmacy. He is chairman of the Board of miRagen Therapeutics, Inc. and a member of the Board of aTyr Pharma. He also serves as a Key Advisory Board member for the Harvard Business School’s Blavatnik Fellowship in Life Science Entrepreneurship and is a faculty member at Purdue University.

About Vir Biotechnology

Vir Biotechnology is a clinical-stage immunology company focused on combining immunologic insights with cutting-edge technologies to treat and prevent serious infectious diseases. Vir has assembled four technology platforms that are designed to stimulate and enhance the immune system by exploiting critical observations of natural immune processes. Its current development pipeline consists of product candidates targeting SARS-CoV-2, hepatitis B virus, influenza A, human immunodeficiency virus and tuberculosis. For more information, please visit www.vir.bio.

Contact:

Investors


Neera Ravindran, M.D.
VP, Head of Investor Relations & Strategic Communications
[email protected]
+1-415-506-5256

Media


Cara Miller
VP, Corporate Communications
[email protected]
+1-415-941-6746 

Parsippany, New Jersey, USA, Dec. 10, 2020 (GLOBE NEWSWIRE) —

Wireless Telecom Group
 (NYSE American: WTT), is pleased to announce that Holzworth has achieved ISO 17025:2017 accreditation – a significant, internationally recognized quality standard used to assess the competency of calibration and testing laboratories. Achieving one of the most highly regarded quality accreditations affirms Holzworth’s ability to deliver leading technical proficiency, product quality, data precision, and test and measurement solutions excellence.

“Not only is the ISO 17025 accreditation the most accepted standard for calibration laboratories worldwide, but it is an essential requirement for laboratories that perform calibrations on complex, high-precision test equipment,” says Leyla Bly, Vice President at Holzworth. “Regarding Holzworth RF Synthesis and Real-Time Phase Noise Analysis solutions, the ISO 17025 accreditation coupled with ANSI Z540 traceability ensures the peak performance of new test equipment as well as essential calibration services relied upon by customers for annual equipment maintenance.”

Wireless Telecom Group continues to value and invest in the resources necessary to produce high-quality solutions that deliver consistent, valid results for evolving wireless technologies. In addition to achieving ISO 17025 accreditation, Holzworth recently became ISO 9001:2015 certified, meeting the international quality management system standard by regularly offering services and products that satisfy both customer and regulatory needs. This further confirms the company’s dedication to developing optimized, high-performance devices, as well as outstanding customer satisfaction through serving unique, client-specific requirements.

– END –

About Wireless Telecom Group

Wireless Telecom Group, Inc., comprised of Boonton, CommAgility, Holzworth, Microlab, and Noisecom, is a global designer and manufacturer of advanced RF and microwave components, modules, systems, and instruments. Serving the wireless, telecommunication, satellite, military, aerospace, semiconductor, and medical industries, Wireless Telecom Group products enable innovation across existing and emerging wireless technologies. With a product portfolio including peak power meters, signal generators, phase noise analyzers, signal processing modules, LTE PHY/stack software, power splitters and combiners, GPS repeaters, public safety components, noise sources, and programmable noise generators, Wireless Telecom Group supports the development, testing, and deployment of wireless technologies around the globe.

Wireless Telecom Group, Inc.’s website address is www.wtcom.com. Except for historical information, the matters discussed in this news release may be considered “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the intent, belief, or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results. Such risks and uncertainties are identified in the Company’s reports and registration statements filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2019.

Marketing Contact

Maria Droge: +1 (973) 386-9696

Wireless Telecom Group Inc.
25 Eastmans Road
Parsippany, NJ 07054
Tel: (973) 386-9696
Fax: (973) 386-9191

SEATTLE, Dec. 10, 2020 (GLOBE NEWSWIRE) — Neoleukin Therapeutics, Inc., “Neoleukin” (NASDAQ:NLTX), a biopharmaceutical company utilizing sophisticated computational methods to design de novo protein therapeutics, today announced the submission of an Investigational New Drug (IND) Application with the U.S. Food and Drug Administration to begin a Phase 1 clinical program of its lead immunotherapeutic candidate, NL-201. NL-201 is a computationally designed de novo protein that is a mimetic of natural cytokines IL-2 and IL-15.

“This IND submission is an important milestone for our company, and I’m proud of our team’s efforts in advancing NL-201 toward first-in-human evaluation,” said Jonathan Drachman, M.D., Chief Executive Officer of Neoleukin. “We look forward to initiating patient enrollment in our Phase 1 trial, which is planned to be conducted in both North America and Australia.”

The Phase 1 study is expected to enroll up to 120 patients with relapsed or refractory solid tumors. Patients will receive intravenous monotherapy with NL-201 in order to assess safety, pharmacokinetics, pharmacodynamics, and antitumor activity. When the recommended dose and schedule are determined, indication-specific expansion cohorts will be enrolled to estimate safety and antitumor activity. In addition to the IND application, Neoleukin has submitted a Clinical Trial Notification (CTN) application for NL-201 in Australia.

About NL-201

NL-201 is a de novo receptor agonist of the IL-2 and IL-15 receptors, designed to expand cancer-fighting CD8 T cells and natural killer (NK) cells without any bias toward cells expressing the alpha receptor subunit (CD25). Previously presented preclinical data have demonstrated the ability of NL-201 to stimulate and expand CD8+ and NK cells at low doses with minimal impact on immunosuppressive regulatory T cells.

About Neoleukin Therapeutics, Inc.

Neoleukin is a biopharmaceutical company creating next generation immunotherapies for cancer, inflammation and autoimmunity using de novo protein design technology. Neoleukin uses sophisticated computational methods to design proteins that demonstrate specific pharmaceutical properties that provide potentially superior therapeutic benefit over native proteins.  Neoleukin’s lead product candidate, NL-201, is a combined IL-2 and IL-15 agonist designed to improve tolerability and activity by eliminating the alpha receptor binding interface. For more information, please visit the Neoleukin website: www.neoleukin.com.

Safe Harbor /
Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including, but not limited to, planned development activities and timelines and the therapeutic properties and potential of the company’s product candidates and de novo protein design technology. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. These statements are subject to numerous risks and uncertainties, including risks and uncertainties related to the company’s cash forecasts, the company’s ability to advance its product candidates, the receipt and timing of potential regulatory submissions, designations, approvals and commercialization of product candidates, the timing and results of preclinical and clinical trials, the timing of announcements and updates relating to the company’s clinical trials and related data market conditions and further impacts of COVID-19, that could cause actual results to differ materially from what Neoleukin expects. Further information on potential risk factors that could affect Neoleukin’s business and its financial results are detailed under the heading “Risk Factors” in documents the company files from time to time with the Securities and Exchange Commission (SEC), and other reports as filed with the SEC. Neoleukin undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contacts:

Media

Julie Rathbun
206-769-9219
[email protected] 

Investors

Solebury Trout
Brian Korb
646-378-2923
[email protected] 

DAVIS, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) — Unfold, a company that combines leading seed genetics with crop growing and agronomic expertise to advance the vertical farming industry, continued its rapid momentum since its launch earlier this year by hiring Dan Albert as Vice President of Plant Performance and Derek Drost as Vice President of Genetics. Building on its world-class leadership team, Unfold also added Daphne Carmeli, a Silicon Valley veteran, as an advisor. Carmeli’s previous roles include founder and CEO of Deliv and Vice President of Marketing at Netscape, and she is part of WebMD’s founding team.

As vertical farming gains size and momentum, Unfold seeks to leverage the power of seeds and digital solutions developed specifically for these environments. The success of vertical farming relies on consistent, high-quality products year-round.

“The vertical farming space is experiencing exponential growth, and I’m of the opinion that Unfold is what the industry needs to get to the next level,” said Carmeli. “As an advisor to Unfold, I look forward to working with the growing team to build a truly world-class business that unlocks the potential of seed genetics.”

Vertical farm pioneer Dan Albert, founder of Farmbox Greens, and Derek Drost, an experienced ag-tech innovator with extensive industry experience, will play critical roles at the company. Albert will leverage his entrepreneurial experience and indoor agriculture knowledge to build a cutting-edge R&D platform to help develop innovative solutions for the vertical farming sector. Drost will partner with Unfold scientists, external collaborators and customers to deliver world-class germplasm that is optimized to bring unprecedented value to vertical farmers and the produce industry.

“With the Unfold team and facilities coming into place, we’re poised to execute our vision to help bring fresher and more sustainable produce to market,” said John Purcell, Ph.D., CEO of Unfold. “Our goal is to offer viable products and solutions to the market as early as next year, and this team’s expertise will undoubtedly help make this a reality for us.”

Unfold also chose as its design-build partner ACROMurray, which brings extensive experience working with customers in the controlled environment agriculture (CEA) space. The facility will include a research vertical farm.

“The growth of the CEA industry over the past few years is staggering,” said Morgan Waldron, Director of Business Development of ARCOMurray. “With the amount of capital being invested in indoor farming, it’s clear that this is no longer ‘the next big thing.’ Controlled ag has officially arrived, and ARCO is fortunate to be playing a part in the continued growth of these revolutionary organizations, like Unfold.”

For more information about Unfold, current job opportunities, and to stay informed on future announcements about the company, you can visit Unfold’s website or follow any of our social channels on Twitter and LinkedIn.

Contact

Robert Smith
Highwire PR
Unfold (at) highwirepr.com

TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — AIRO.LIFE is partnering withUNDERKNOWN, the creators of the hit Webby Award-winning social media brand “What If”.

“What If” videos are viewed 250 million times a month, and have garnered more than six billion views in nine languages around the world. “What If” was conceived by the brilliant team at UNDERKNOWN, headed by CEO Steve Hulford.

AIRO.LIFE, based in Hamilton, Ontario, was founded in 2017 by Doug Mochrie who envisioned a different way of sharing information with a concentration on People, Planet and Technology. This is how his free smartphone and data plan were realized. The world’s first quality smartphone and data plan absolutely free for the end-user.

There is no doubt that the AIRO.LIFE “Be Free Phone” will disrupt not only the telecommunications industry, but also the content world as power and money are put back into the hands of the customer with the revolutionary “freemium” model of doing business. 

AIRO.LIFE has been redefining both the distribution of content (with a proprietary content delivery system) and the future of data collection. All of this while showcasing international premium content across multiple genres, and providing local community-based services and information as well on a market-by-market basis.

In alignment with this vision AIRO.LIFE is pleased to be partnering with UNDERKNOWN, winner of the prestigious 24th Annual Webby Award for “Best Science and Education Video Series” presented by the International Academy of Digital Arts & Sciences (IADAS) for their series “What If”. UNDERKNOWN beat out top runners BBC, Wired, PBS, and NASA, which really speaks to the high quality of the content that UNDERKNOWN is consistently producing. 

UNDERKNOWN’s show “What If” will be a welcome and high-value addition to featured content on AIRO.LIFE’s “Be Free Phone”.

About AIRO.LIFE

AIRO.LIFE was founded in Hamilton,Ontario in 2017 to disrupt the telecommunication, media and advertising markets for good. The company has launched an equity crowdfund campaign with Equivesto, based in Toronto, Ontario to attract new investors for its revolutionary smartphone and service offering ready for their public launch in 2021. Visit: https://airo.life/

About UNDERKNOWN

UNDERKNOWN is a data-driven production company that specializes in creating short-form web series for digital platforms. UNDERKNOWN’s mission is to create fun, engaging, and educational content that educate the world about science and the humanities. UNDERKNOWN is a Toronto-based global multiplatform digital video company.

About “What If” ®

“What If” is a Webby Award-winning web series published daily and is consistently ranked by Tubular Labs as the most-watched science and technology video channel in the world on social media (YouTube, Facebook, and Instagram combined). It was created by Steve Hulford, Raphael Faeh, and Peter Schmiedchen.

For more information: Victoria Bennet
t
[email protected]
403 589 799
2

SAN JOSE, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) — Kyligence, founded by the originators of Apache Kylin and developer of the AI-augmented Kyligence Cloud, today announced the general availability of the Tableau Connector for Kyligence. The connector enables Tableau customers to concurrently analyze very large datasets with sub-second response times from cloud data platforms such as Snowflake, Amazon Web Services, and Microsoft.

The Tableau Connector for Kyligence provides Tableau users transparent access to the Kyligence high-speed AI-augmented, intelligent precomputation layer that enables much greater scale, performance, and concurrency for their BI and machine learning tasks. Kyligence Cloud sits between the leading data platforms – data warehouses, data lakes, cloud storage – and Tableau dashboards and reports. By intelligently caching precomputed query results in the Kyligence Cloud, back end data platforms are used much more efficiently.

“Kyligence uses machine learning to improve both sides of the analytics equation,” said Kyligence Co-founder and CEO Luke Han. “For modern cloud data platforms, Kyligence provides vastly superior performance and concurrency by serving precomputed result sets, thereby offloading back end systems. For Tableau users, Kyligence provides orders of magnitude faster queries on much bigger datasets.”

Kyligence Cloud features a unified semantic layer that provides transparent security and row-level, column-level, and table-level access controls of back end data. The connector also provides significant SQL grammar and function compatibilities and can be easily deployed without requiring additional data engineering. Tableau users can now Live Connect to petabytes of data with previously unattainable performance.

“Kyligence provides an elegant solution to the chronic problem of scaling cloud analytics for large numbers of concurrent users,” said Brian Matsubara, RVP of Global Technology Alliances at Tableau. “Kyligence enables Tableau customers to enjoy a significant performance boost even as they tackle larger – and in the end, more valuable – datasets.”

The Kyligence Connector for Tableau is easy to download and install from the Tableau Extension Gallery. Users can simply place the connector in Tableau’s connector directory, install the Kyligence ODBC Driver, and start using Kyligence Cloud in both private (on-prem) and public clouds.

To leverage the Kyligence connector, visit Tableau Extension Gallery. The connector is compatible with both Kyligence Enterprise and Kyligence Cloud.

Tweet this: @Kyligence announces @tableau connector #bigdataanalytics https://kyligence.io/newsroom/

About Kyligence
Founded by the creators of Apache Kylin, Kyligence provides an intelligent analytics performance layer that sits between data sources (data warehouses, data lakes, cloud storage) and analytics users, making data marts and other analytics middleware unnecessary. The result is sub-second query response times for BI, SQL, OLAP, and Excel users against very large datasets. Kyligence also features an AI-augmented learning engine to ensure peak performance and vastly simplified data modeling.

Kyligence is headquartered in San Jose, CA. Investors include Redpoint Ventures, Coatue, Cisco, China Broadband Capital, Shunwei Capital, and Eight Roads Ventures (the proprietary investment arm of Fidelity International Limited). Kyligence serves a global customer base that includes Appzen, McDonald’s, L’OREAL, Xactly, China Merchants Bank, and Huawei.

Follow Kyligence on LinkedIn and Twitter.

Media Contact:
Kim Pegnato
33 Vine Communications
[email protected]
781-835-7118

Washington, DC, Dec. 10, 2020 (GLOBE NEWSWIRE) — The Aspen Economic Strategy Group(ESG) today released its annual policy volume about current and long-term economic challenges facing the nation. This year’s volume, titled Securing our Economic Future, features nine chapters written by leading experts on several long standing economic challenges that have been intensified by the events of 2020, including the need to promote a more prosperous middle class, address deep geographic divides in economic opportunity, and mitigate the economic costs of climate change.

Co-chaired by Henry M. Paulson, Jr. and Erskine Bowles, the Economic Strategy Group brings together a diverse, bipartisan group of distinguished leaders and thinkers with the goal of promoting evidence-based solutions to the greatest challenges confronting American economic policy.   The 2020 policy volume is a culmination of the past year’s ESG research and series of meetings among its membership that fostered the bipartisan, evidence-based exchange of economic policy ideas.

The book is edited by Economic Strategy Group Director Melissa S. Kearney and Deputy Director Amy Ganz. Its chapters, written by leading economists and policy scholars, examine some of the fundamental questions about securing America’s economic future.  What are the limits of government policy in promoting a more vibrant and prosperous middle class?  What policies will expand opportunities across large geographic, social, economic, and racial disparities? How can we adjust our economic policies to guard against the worst effects of climate change?

The book release coincides with a public webinar (December 10th from 2:00pm to 4:20pm ET) hosted by Economic Strategy Group featuring several authors. More information about the event can be found at: https://www.economicstrategygroup.org/event/securing-economic-future.

The three-part book examines issues that are critical to how we rebuild an economy that is more secure, equitable, and better insulated from the risks of the 21^st century: https://www.economicstrategygroup.org/publication/securing-our-economic-future. 

MIDDLE CLASS ECONOMICS

Middle-Class Redistribution: Tax and Transfer Policy for Most Americans By Adam Looney, Jeff Larrimore, David Splinter
Is the Decline of The Middle Class Greatly Exaggerated? By Bruce Sacerdote
Walking the Tightrope: Variable Income and Limited Liquidity Among the US Middle Class By Dan Silverman

GEOGRAPHIC DIVERGENCE AND PLACE-BASED ECONOMIC DEVELOPMENT

The Faltering Escalator of Urban Opportunity By David Autor
Bringing Jobs to People: Improving Local Economic Development Policies By Timothy J. Bartik
A Renter Safety Net: A Call for Federal Emergency Rental Assistance By Ingrid Ellen Gould, Katherine O’Regan, Amy Ganz

THE GLOBAL CLIMATE CHALLENGE AND U.S. POLICY RESPONSE

Harnessing the Power of Markets to Solve the Climate Problem By Gilbert E. Metcalf
Climate Policy Enters Four Dimensions By David W. Keith and John Deutch
Climate Convexity: The Inequality of a Warming World By Trevor Houser

“Our country faces a number of critical economic challenges that we must address in order to strengthen our economy and improve our society. This was true before the pandemic, and even more so today,” said Economic Strategy Group director Melissa S. Kearney, the Neil Moskowitz Professor of Economics at the University of Maryland. “This book provides policymakers and the new administration with a set of timely observations and policy ideas that can help move our country forward toward a more secure future.”

###

The Economic Strategy Group (ESG), a program of the Aspen Institute, is composed of a diverse, bipartisan group of distinguished leaders and thinkers with the goal of promoting evidence-based solutions to significant U.S. economic challenges. Co-chaired by Henry M. Paulson, Jr. and Erskine Bowles, the Aspen ESG fosters the exchange of economic policy ideas and seeks to clarify the lines of debate on emerging economic issues while promoting bipartisan relationship-building among current and future generations of policy leaders in Washington. More information can be found at https://economicstrategygroup.org/.

The Aspen Institute is a global nonprofit organization committed to realizing a free, just, and equitable society. Founded in 1949, the Institute drives change through dialogue, leadership, and action to help solve the most important challenges facing the United States and the world. Headquartered in Washington, DC, the Institute has a campus in Aspen, Colorado, and an international network of partners. For more information, visit www.aspeninstitute.org.

Amy Ganz
Economic Strategy Group
202 736 5850
[email protected]

TORONTO and CARLSBAD, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) — Cority, the most trusted provider of environmental, health, safety, and quality (EHSQ) management software, and Verisk 3E, the leading global provider of intelligent compliance solutions, today announced the integration of Verisk 3E’s substance-level chemical safety data into Cority’s industry-leading EHSQ SaaS platform. This API integration enables organizations to improve regulatory compliance while managing their most challenging business risks with greater efficiency. Verisk 3E is a Verisk (Nasdaq:VRSK) business.

Organizations are facing an increasingly complex regulatory landscape. For many companies, regulatory research and content management is a manual process, resulting in heavy administrative burdens that reduce efficiency and divert resources from other critical tasks. By integrating 3E Optimize™ value-added regulatory content from Verisk 3E into Cority’s unified platform, organizations can access necessary regulatory and chemical substance information in a matter of seconds, including the most up-to-date global occupational exposure limit (OEL) data available to help assess regulatory compliance and ensure worker protection. Verisk 3E data provides users with access to thousands of chemical control laws for more than 500,000 chemical substances across more than 130 countries.

Automating processes to source, research, aggregate, and validate EHSQ regulatory content and seamlessly update company legal registers and agent tables can reduce costly administration while providing better information to drive compliance management and decision-making. By linking Verisk 3E’s expansive chemical content with Cority’s extensive Business Intelligence tools, organizations can increase their visibility into critical data, better enabling them to respond to compliance issues earlier and more decisively. 

“Our joint customers will benefit greatly from Verisk 3E’s collaboration with Cority as they’ll be able to more effectively and sustainably manage workplace health, industrial hygiene, and safety risks,” said Edmund Webecke, President, Verisk 3E. “By integrating the depth and breadth of our regulatory content solutions with Cority’s highly configurable, best-in-class platform, we’re providing global customers with a powerful toolkit to be able to achieve better compliance, a critical milestone toward business excellence.”

“The integration of Cority and Verisk 3E offers our joint customers enhanced functionality, which is instrumental in helping achieve compliance and reduce worker risk exposure,” said Amanda Smith, VP Solutions Marketing, Cority. “Working with Verisk 3E, the leader in integrated global regulatory content, enables us to continue to strengthen our comprehensive EHSQ platform with intelligent compliance solutions that drive greater value for our customers.”

About Cority
Cority is the most trusted environmental, health, safety, and quality (EHSQ) software for assuring client success. Cority enables organizations to utilize EHSQ software to advance their journey to sustainability and operational excellence by combining the deepest domain expertise with the most comprehensive and secure true SaaS platform. With 35 years of innovation and experience, Cority’s team of nearly 400 experts serve more than 1,300 clients in 100 countries. The company enjoys the industry’s highest levels of client satisfaction and has received many awards for its strong employee culture and outstanding business performance. To learn more, visit www.cority.com.

About Verisk 3E

Verisk 3E is a Verisk (Nasdaq:VRSK) business that delivers intelligent compliance solutions that empower companies to reduce risk, drive continuous improvement, and create new growth opportunities. For more than 30 years, Verisk 3E has provided clients with the expertise, content, live 24-7-365 environmental health and safety (EHS) support, and award-winning solutions required to increase chemical and workplace safety, improve product safety and stewardship, strengthen supply chain stewardship, and optimize research and development decision support.

Verisk 3E is deeply committed to serving its more than 5,000 customers worldwide, including nine of the world’s top ten chemical manufacturers, eight of the world’s top ten retailers, and seven of the world’s top ten pharmaceutical companies. Global locations include its corporate headquarters in Carlsbad, California, along with offices in Beijing, China; Bethesda, Maryland; Canton, Ohio; Copenhagen, Denmark; Frankfurt, Germany; Markdorf, Germany; Montreal, Quebec; Siegen, Germany; Sofia, Bulgaria; and Tokyo, Japan. For more information, please visit Verisk3E.com.

About Verisk
 

Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets.

Cority Software Inc.
[email protected]

Jenny Bingham
Verisk 3E
760-930-6632
[email protected]

Brett Garrison
Edelman (for Verisk)
212-639-4903
[email protected]

Bethlehem, PA, Dec. 10, 2020 (GLOBE NEWSWIRE) — Vinco Ventures, Inc. (NASDAQ: BBIG), today updates on the first 30 days of their subsidiary Honey Badger Media, LLC and the advancement of its esteemed influencer list.

Honey Badger Media is a digital commerce company and one of Vinco’s key tools in the Be B.I.G. business model. The Company designs digital campaigns from scratch to monetization and leverages a 300 million plus follower network to grow advertiser-based revenue as well as Vinco’s brands and holdings. Additionally, within the first month, Honey Badger was able to sign an impressive catalog of celebrity influencers, including skateboarder and TV personality Bam Margera, Reality Television and Motivational Speaker Adalia Rose, and respected mom blogger Joy of Mom.

“We chose Honey Badger as the first platform under our Be B.I.G. strategy due to the quick start potential and scale-able revenue models that it benefits from,” said Brian McFadden Chief Strategy Officer. “We know what the company is capable of and are optimistic about the quick ramp to the business. It is exciting to watch our customer list grow which expands our user base by multiples. Honey Badger was the first of our platforms, and we are confident it will be integral to our overall growth,” McFadden concluded.

About
 
Vinco
 
Ventures, Inc.

Vinco Ventures, Inc. (BBIG) is a mergers and acquisition company focused on digital commerce and consumer brands. Vinco’s B.I.G. (Buy. Innovate. Grow.) strategy will seek out acquisition opportunities that are poised for scale and grow said acquisitions through targeted traffic and content campaigns. For more information, please view our investor presentation or visit Investors.vincoventures.com.

Forward-Looking Statements and Disclaimers

To the extent any statements contained in this press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 and the information that are based upon beliefs of, and information currently available to, the company’s management as well as estimates and assumptions made by the company’s management. These statements can be identified by the fact that they do not relate strictly to historic or current facts. When used in this presentation the words “estimate,” “expect,” intend,” believe,” plan,” “anticipate,” “projected” and other words or the negative of these terms and similar expressions as they relate to the company or the company’s management identify forward-looking statements. Such statements reflect the current view of the company with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to the company’s industry, its operations and results of operations and any businesses that may be acquired by the company. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Investor Relations: 

Aimee Carroll 
Phone: 866-900-0992
Email: [email protected]