Usio Signs Letter of Intent to Acquire the Assets of Information Management Solutions

Prospective
A
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Expected to
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Utilitie
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a
s
W
ell as
Proprietary Document Composition
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Key Growth Initiatives

SAN ANTONIO, Dec. 08, 2020 (GLOBE NEWSWIRE) — Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that it has entered into a non-binding Letter of Intent (LOI) to acquire the assets of Information Management Solutions, LLC (IMS). IMS is an established provider of electronic bill presentment, document composition, document decomposition and printing and mailing services serving hundreds of customers representing a wide range of industry verticals, including utilities and financial institutions.

Louis Hoch, President and Chief Executive Officer of Usio, said, “We are pleased to announce that we have entered into a non-binding LOI to acquire IMS. We expect that the acquisition of IMS will not only be immediately accretive, but when and if closed, will also be highly synergistic, creating opportunities to cross and up-sell Usio’s core Payment Facilitation, Prepaid and ACH services to the IMS customer base through the integration of Usio’s proprietary technology, including bill payment. Furthermore, it will provide Usio a means to re-enter the EBPP industry, one which we were the dominant leader as Billserv, from 1998-2003. In addition, IMS broadens the scope of services currently being offered to the verticals currently targeted and served by Usio, as there is significant overlap that we believe will lead to a clear and measurable impact in short order.”  

Kelly Dowe, Co-founder of IMS, commented, “IMS is very pleased to announce our prospective acquisition by Usio. For the last twenty-four years, we’ve been providing our customers with innovative, first-class electronic bill presentment, document warehousing and large-scale print and mail solutions. Having known Mr. Hoch and Usio for many years, it is abundantly clear both companies share the same vision of providing world-class solutions and unparalleled customer support.”

IMS has agreed to work with Usio on an exclusive basis until the deal is consummated or terminated. Details of the transaction are not being disclosed at this time. As is customary, the transaction is contingent on the successful outcome of due diligence, IMS’ completion of an audit and the payment of a purchase price from Usio’s existing cash and the issuance of a yet to be determined number of Usio warrants to the shareholders of IMS.  

About
IMS

Information Management Solutions (IMS), based in San Antonio, Texas, since 1995, offers electronic bill presentment, document composition, digital document warehousing, printing and mailing services for both variable and static print content. IMS’s services include eBill and statement redesign, data archive and hosting, marketing and postage guidance. A broad array of services are offered to a wide spectrum of diverse sectors including utilities, telecommunications, financial institutions, municipal governments, and many more.

Website: www.totalims.com

About Usio, Inc.

Usio, Inc. (Nasdaq: USIO), a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to their clients. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector. Usio is headquartered in San Antonio, Texas, and has offices in Austin, Texas, and Franklin, Tennessee, just outside of Nashville.

Websites: www.usio.comwww.singularpayments.comwww.payfacinabox.comwww.akimbocard.com,  and www.ficentive.com. Find us on Facebook® and Twitter.


FORWARD-LOOKING STATEMENTS DISCLAIMER


Except for the historical information contained herein, the matters discussed in this release include forward-looking statements which are covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management’s intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. These forward-looking statements are identified by the use of words such as “believe,” “intend,” “look forward,” “anticipate,” “should,” and “expect” among others. Forward-looking statements in this press release are subject to certain risks and uncertainties inherent in the Company’s business that could cause actual results to vary, including the risk that the IMS acquisition may not be consummated, that the synergies from the IMS acquisition may not materialize, that the IMS acquisition will consume time and energy by management, management of the Company’s growth, the loss of key resellers, the relationships with the Automated Clearinghouse network, bank sponsors, third-party card processing providers and merchants, the security of our software, hardware and information, the volatility of the stock price, the need to obtain additional financing, risks associated with new tax legislation, and compliance with complex federal, state and local laws and regulations, risks related to the COVID-19 pandemic and its effect on the economy, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission including its annual report on Form 10-K for the fiscal year ended December 31, 2019. One or more of these factors have affected, and in the future, could affect the Company’s businesses and financial results in the future and could cause actual results to differ materially from plans and projections. The Company believes that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that the objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to management. The Company assumes no obligation to update any forward-looking statements, except as required by law.

Contact:
Joe Hassett, Investor Relations
[email protected] 
610-228-2110



HOOKIPA Pharma Announces Proposed Public Offering of Common Stock and Preferred Stock

NEW YORK and VIENNA, Austria, Dec. 08, 2020 (GLOBE NEWSWIRE) — HOOKIPA Pharma Inc. (Nasdaq: HOOK), a company developing a new class of immunotherapeutics based on its proprietary arenavirus platform, today announced that it intends to offer and sell shares of its common stock and shares of Series A convertible preferred stock in an underwritten public offering (the “Offering”). HOOKIPA also intends to grant the underwriters a 30-day option to purchase up to an additional fifteen percent (15%) of the shares of common stock offered in the Offering, including the shares of common stock underlying the Series A convertible preferred stock. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the offering. All of the securities in the Offering are to be sold by HOOKIPA.

Morgan Stanley and SVB Leerink are acting as joint book-running managers of the Offering. RBC Capital Markets is acting as lead manager.

The securities described above are being offered by HOOKIPA pursuant to a shelf registration statement on Form S-3 (No. 333-238311), including a base prospectus filed with the Securities and Exchange Commission (the “SEC”), which was declared effective on May 27, 2020. A preliminary prospectus supplement and accompanying prospectus relating to the Offering will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may also be obtained, when available, from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or email: [email protected] or SVB Leerink LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, Massachusetts 02110; by telephone at (800) 808-7525, ext. 6132; or email: [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About HOOKIPA Pharma

HOOKIPA Pharma Inc. (NASDAQ: HOOK) is a clinical stage biopharmaceutical company developing a new class of immunotherapeutics targeting infectious diseases and cancers based on its proprietary arenavirus platform that reprograms the body’s immune system.

Forward-Looking Statement

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the completion of the proposed offering and the use of proceeds from the proposed offering. The use of words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “future,” “potential,” or “continue,” and other similar expressions are intended to identify such forward-looking statements. All such forward-looking statements are based on management’s current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, without limitation, uncertainties related to market conditions and the completion of Offering on the anticipated terms or at all and those risks more fully discussed in the section entitled “Risk Factors” in HOOKIPA’s annual report on Form 10-K for the fiscal year ended December 31, 2019 and its quarterly report on Form 10-Q for the quarter ended September 30, 2020, which are available at www.sec.gov, as well as discussions of potential risks, uncertainties, and other important factors in HOOKIPA’s subsequent filings with the Securities and Exchange Commission. Any forward-looking statements represent HOOKIPA’s views only as of today and should not be relied upon as representing its views as of any subsequent date. All information in this press release is as of the date of the release, and HOOKIPA undertakes no duty to update this information unless required by law.

For further information, please contact:

Media Investors
Nina Waibel Matt Beck
Senior Director – Communications Executive Director – Investor Relations

[email protected]
[email protected] 



HTG Announces an Early Access Program for its Prototype Whole Transcriptome Panel

TUCSON, Ariz., Dec. 08, 2020 (GLOBE NEWSWIRE) — HTG Molecular Diagnostics, Inc. (Nasdaq: HTGM) (HTG), a life science company whose mission is to advance precision medicine, today announced that it has launched an Early Access Program for its whole transcriptome panel using the HTG EdgeSeq technology. The Early Access Program is intended to allow select customers access to the panel in their laboratories or through services to be performed in our development laboratory prior to commercial launch of this product.

HTG announced the completion of proof of concept for a prototype whole transcriptome panel and demonstrated technical feasibility in November 2020. The panel is expected to allow for analysis of the entire known human transcriptome (approximately 20,000 mRNA targets) while retaining the advantages of HTG’s smaller targeted panels, including the ability to run small sample sizes without requiring RNA isolation and purification and the ability to successfully process low-quality samples.

“The Early Access Program is intended to allow HTG to collaborate with key opinion leaders in academia and pharmaceutical companies to evaluate our prototype whole transcriptome panel and associated simplified workflow in a real-world setting, providing a more thorough assessment of different user experiences,” said Byron Lawson, Chief Commercial Officer. “Comparison of collaborator experiences across many of the most prevalent oncology and immune indications is expected to provide us with valuable insight into the capabilities of this panel and help guide our next development steps as we progress towards commercial launch in mid-2021.”

About HTG:
HTG is focused on NGS-based molecular profiling. The company’s proprietary HTG EdgeSeq technology automates complex, highly multiplexed molecular profiling from solid and liquid samples, even when limited in amount. HTG’s customers use its technology to identify biomarkers important for precision medicine, to understand the clinical relevance of these discoveries, and ultimately to identify treatment options. Our mission is to empower precision medicine at the local level.

Safe Harbor Statement:

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding: the Early Access Program allowing select customers access to our whole transcriptome panel in their laboratories or through services to be performed in our laboratory prior to commercial launch of the panel; the panel being expected to allow for analysis of the entire known human transcriptome while retaining the advantages of HTG’s smaller targeted panels; the Early Access Program being intended to allow HTG to collaborate with key opinion leaders in academia and pharmaceutical companies to evaluate our prototype whole transcriptome panel and associated simplified workflow in a real-world setting,providing a more thorough assessment of different user experiences; the expectation that a comparison of collaborator experiences across many of the most prevalent oncology and immune indications will provide us with valuable insight into the capabilities of our whole transcriptome panel and help guide our next development steps; and the expected timing of our commercial launch of our whole transcriptome panel. Words such as “expects,” “intends,” “progress towards” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements necessarily contain these identifying words. These forward-looking statements are based upon management’s current expectations, are subject to known and unknown risks, and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, including, without limitation, the risk that our HTG EdgeSeq whole transcriptome panel may not provide the benefits we expect; risks associated with our ability to successfully launch and commercialize our whole transcriptome product and our other products and services; the risk that our products and services may not be adopted by collaborators in academia or pharmaceutical companies as anticipated, or at all; our ability to manufacture our products to meet demand; the level and availability of third party payor reimbursement for our products; our ability to effectively manage our anticipated growth; our ability to protect our intellectual property rights and proprietary technologies; our ability to operate our business without infringing the intellectual property rights and proprietary technology of third parties; competition in our industry; additional capital and credit availability; our ability to attract and retain qualified personnel; and product liability claims. These and other factors are described in greater detail in our filings with the Securities and Exchange Commission, including without limitation our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. All forward-looking statements contained in this press release speak only as of the date on which they were made, and we undertake no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Contact:

Ashley R. Robinson
Phone: (617) 430-7577
Email: [email protected]



Rocket Pharmaceuticals Announces Positive Gene Expression, Clinical Biomarker and Preliminary Functional Data from Phase 1 Trial of RP-A501 for the Treatment of Danon Disease

Rocket Pharmaceuticals Announces Positive Gene Expression, Clinical Biomarker and Preliminary Functional Data from Phase 1 Trial of RP-A501 for the Treatment of Danon Disease

—Low Dose Showed Positive Increases in Cardiac Protein Expression—Two Patients With >50% by IHC, One at Month 9 and One at Month 12—

—Decreases in Cardiac Biomarker BNP of >50% and Stabilization of Clinical Biomarkers CK-MB and Transaminases in Two Patients—

—Visible Reduction of Autophagic Vacuoles, a Primary Hallmark of Danon Disease, in Heart Muscle—

—Individual 1.62- and 1.35-Fold Increases in Cardiac Output Observed in Two Patients at Month 12 and Month 9, Respectively—

— Low Dose Cohort Generally Well-Tolerated with Manageable Safety—

—Safety Assessment in Two Adult Patients Treated in Higher Dose Cohort Ongoing with One Drug Product Related Serious Adverse Event Which Resolved Following Intensified Immunosuppressive Therapy—

—Webcast and Conference Call to be Held at 4:15 PM EST Today—

NEW YORK–(BUSINESS WIRE)–Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) (“Rocket”), a clinical-stage company advancing an integrated and sustainable pipeline of genetic therapies for rare childhood disorders, today announces preliminary data from its open-label, Phase 1 clinical trial of RP-A501, the Company’s adeno-associated viral vector (AAV)-based gene therapy candidate expressing LAMP2B for the treatment of Danon Disease. Danon Disease is a rare X-linked inherited disorder caused by genetic mutations in the LAMP2 gene resulting in accumulation of autophagosomes and glycogen, particularly in cardiac muscle and other tissues, which ultimately leads to severe and frequently fatal cardiomyopathy. Preliminary data from patients in the low dose RP-A501 cohort showed that the gene therapy was generally well tolerated and provided early evidence of clinical benefit.

“We are very excited to report encouraging safety and tolerability results for RP-A501, as well as increased gene expression, positive biomarkers and functional measures observed in the low-dose cohort of the study. Based on these early results, we believe that a low dose of RP-A501 has the potential to confer meaningful therapeutic benefit with an overall manageable safety profile. Further, the safety results observed in the low dose cohort enabled us to treat the first two patients in the higher dose cohort,” said Gaurav Shah, M.D., Chief Executive Officer and President of Rocket.

“Cardiac LAMP2B protein expression by immunohistochemical staining was greater than 50% of normal LAMP2B in two patients with follow-up data of up to one year; these levels far exceeded the threshold estimated in females who largely do not develop heart failure until several decades later than males. In addition, RP-A501 demonstrated reduction of myocardial cell disarray and accumulation of autophagic vacuoles, a hallmark of Danon Disease. This translated into early stabilization and suggests a trend toward improvement in functional measures. Males with Danon Disease typically have elevated BNP, transaminases and creatine kinase as a result of skeletal and heart muscle damage. Cardiac dysfunction is often rapidly progressive and severe, with concomitant reductions in cardiac output. RP-A501 demonstrated consistent stabilization or improvements across all of these clinical measures as of the data cutoff. These early results suggest a path to a potentially transformative option for Danon Disease, and possibly the first viable gene therapy approach for cardiac diseases.”

Dr. Barry Greenberg, Director of the Advanced Heart Failure Treatment Program at UC San Diego Health, Professor of Medicine at UC San Diego School of Medicine, and the principal investigator added, “Children with Danon Disease live with a heavy disease burden. Young boys are often severely afflicted. They show evidence of early onset skeletal muscle weakness and heart disease that can progress rapidly to end-stage with death occurring on the average before age 20. A heart transplant can be performed, but is not curative and is associated with its own significant problems. The results-to-date for this first investigational gene therapy for monogenic heart failure show the potential for direct clinical benefit without emergence of unanticipated side effects of therapy.”

Preliminary safety and efficacy results from the three patients treated with the low dose of 6.7×1013 genome copies (gc)/kilogram (kg) and early safety information from the two patients treated with the higher dose of 1.1×1014 gc/kg as of November 2020 are as follows:

Safety Results

  • RP-A501 showed a manageable safety profile in the three patients treated in the low dose cohort. No unexpected drug product related adverse events (AEs) or severe adverse events (SAEs) were observed. The most common adverse events were mild and were consistent with AEs caused by elevated transaminases observed post treatment. Elevation in transaminases were observed in all three low-dose patients and returned to baseline within the first one to two months post-treatment. These elevations were largely responsive to corticosteroids and other immunosuppressive therapies. All patients were given oral steroids to prevent or minimize potential immune-related events. At dose escalation, rituximab and tacrolimus were also added to the protocol as additional options to mitigate the immune response associated with RP-A501.
  • Upon dose escalation to 1.1×1014 gc/kg, one of the two treated patients, who received the highest total dose volume of AAV9 and had some degree of pre-existing anti-AAV9 immunity, experienced a non-persistent, immune-related event that was classified as a drug product related SAE. Rocket believes this event was likely due to complement activation, resulting in reversible thrombocytopenia and acute kidney injury requiring transient hemodialysis. This patient returned to baseline within three weeks and regained normal kidney function.

Gene Expression Results

  • All three low dose participants demonstrated evidence of cardiac LAMP2B expression by Western blot and/or immunohistochemistry.
  • The two patients in the low dose cohort who had closely monitored compliance with the immunosuppressive regimen showed high levels of cardiac LAMP2B expression along with clinical biomarker improvements. In cardiac biopsies of patients treated at a systemic dose of 6.7×1013 gc/kg, LAMP2B gene expression was observed to be present in 68% of cells versus normal as determined by immunohistochemistry at month 9 in one patient, and at 92% of cells versus normal at month 12 in the other patient. Western blot assessment showed 61% of normal LAMP2B protein expression at month 9 in one patient. The 12-month Western blot data were still pending for all three patients as of the data cutoff.

Biomarker Results

  • Two of the three low dose patients demonstrated key clinical biomarker improvements consistent with improved cardiac function. Brain natriuretic peptide (BNP), a key marker of heart failure, improved in all three patients, including greater than 50% in the two patients with closely monitored immunosuppressive regimen compliance. Additionally, creatine kinase myocardial band (CPK-MB) either improved or stabilized in these two patients. Notably, all three patients showed visible improvements in autophagic vacuoles, a hallmark of Danon Disease pathology, as assessed by electron microscopy.
  • Two of the three low dose patients with closely monitored immunosuppressive regimen compliance demonstrated improvement in cardiac output as measured by invasive hemodynamics, including one patient who showed a 1.62-fold increase in cardiac output at month 12, and one patient who showed a 1.35-fold increase at month 9.

The non-randomized, open-label Phase 1 trial was designed to enroll both pediatric and young adult male patients in escalating dose cohorts. Following the review of safety data from the first young adult cohort, all subsequent cohorts will include 2-4 patients per cohort. The study is designed to assess the safety and tolerability of a single intravenous (IV) infusion of RP-A501. Additional outcome measures include cardiomyocyte and skeletal muscle transduction by gene expression, histologic correction via endomyocardial biopsy and clinical stabilization via cardiac imaging and functional cardiopulmonary testing. Further information about the clinical program is available here.

Conference Call Details

Rocket management will host a conference call and webcast on December 8, at 4:15 PM EST. To access the call and webcast, please click here. The webcast replay will be available on the Rocket website following the completion of the call.

Investors may listen to the call by dialing (866) 939-3921 from locations in the United States or +1 (678) 302-3550 from outside the United States. Please refer to conference ID number 50040516.

About Danon Disease

Danon Disease is caused by mutations in the gene encoding lysosome-associated membrane protein 2 (LAMP-2), an important mediator of autophagy. It is estimated to have a prevalence of 15,000 to 30,000 patients in the U.S. and the European Union. The disease is often fatal in male patients in the second or third decade of life due to rapidly progressive heart failure. Available therapies for Danon Disease include cardiac transplantation, which is associated with substantial complications and is not considered curative. There are no specific therapies available for the treatment of Danon Disease.

About Rocket Pharmaceuticals, Inc.

Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) (“Rocket”) is advancing an integrated and sustainable pipeline of genetic therapies that correct the root cause of complex and rare childhood disorders. The company’s platform-agnostic approach enables it to design the best therapy for each indication, creating potentially transformative options for patients afflicted with rare genetic diseases. Rocket’s clinical programs using lentiviral vector (LVV)-based gene therapy are for the treatment of Fanconi Anemia (FA), a difficult to treat genetic disease that leads to bone marrow failure and potentially cancer, Leukocyte Adhesion Deficiency-I (LAD-I), a severe pediatric genetic disorder that causes recurrent and life-threatening infections which are frequently fatal, Pyruvate Kinase Deficiency (PKD) a rare, monogenic red blood cell disorder resulting in increased red cell destruction and mild to life-threatening anemia and Infantile Malignant Osteopetrosis (IMO), a bone marrow-derived disorder. Rocket’s first clinical program using adeno-associated virus (AAV)-based gene therapy is for Danon disease, a devastating, pediatric heart failure condition. For more information about Rocket, please visit www.rocketpharma.com.

Rocket Cautionary Statement Regarding Forward-Looking Statements

Various statements in this release concerning Rocket’s future expectations, plans and prospects, including without limitation, Rocket’s expectations regarding its guidance for 2020 in light of COVID-19, the safety, effectiveness and timing of product candidates that Rocket may develop, to treat Fanconi Anemia (FA), Leukocyte Adhesion Deficiency-I (LAD-I), Pyruvate Kinase Deficiency (PKD), Infantile Malignant Osteopetrosis (IMO) and Danon Disease, and the safety, effectiveness and timing of related pre-clinical studies and clinical trials, may constitute forward-looking statements for the purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks, uncertainties and assumptions. You should not place reliance on these forward-looking statements, which often include words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “will give,” “estimate,” “seek,” “will,” “may,” “suggest” or similar terms, variations of such terms or the negative of those terms. Although Rocket believes that the expectations reflected in the forward-looking statements are reasonable, Rocket cannot guarantee such outcomes. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, Rocket’s ability to monitor the impact of COVID-19 on its business operations and take steps to ensure the safety of patients, families and employees, the interest from patients and families for participation in each of Rocket’s ongoing trials, our expectations regarding the delays and impact of COVID-19 on clinical sites, patient enrollment, trial timelines and data readouts, our expectations regarding our drug supply for our ongoing and anticipated trials, actions of regulatory agencies, which may affect the initiation, timing and progress of pre-clinical studies and clinical trials of its product candidates, Rocket’s dependence on third parties for development, manufacture, marketing, sales and distribution of product candidates, the outcome of litigation, and unexpected expenditures, as well as those risks more fully discussed in the section entitled “Risk Factors” in Rocket’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, filed November 6, 2020 with the SEC. Accordingly, you should not place undue reliance on these forward-looking statements. All such statements speak only as of the date made, and Rocket undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Claudine Prowse, Ph.D.

SVP, Strategy & Corporate Development

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Health Stem Cells Genetics Pharmaceutical Cardiology Biotechnology

MEDIA:

Lattice Launches 2nd Generation Security Solution with New Mach-NX FPGA for Next Generation, Cyber-Resilient Systems

Lattice Launches 2nd Generation Security Solution with New Mach-NX FPGA for Next Generation, Cyber-Resilient Systems

  • Adds Secure Enclave with Support for ECC 384 and SPDM Protocols, Increases System Control Customization Capabilities
  • Enables Hardware Root-of-Trust, PFR, and End-to-End Supply Chain Security Across Multiple Applications, Including Latest Industry-Standard Server Platforms

HILLSBORO, Ore.–(BUSINESS WIRE)–Lattice Semiconductor Corporation (NASDAQ: LSCC), the low power programmable leader, today announced the Lattice Mach™-NX FPGA family, the second generation in its successful line of secure control FPGAs. Building on the capabilities of the Lattice MachXO3D™ family announced in 2019, Mach-NX FPGAs deliver heightened security features and the fast, power-efficient processing needed to implement a real-time Hardware Root-of-Trust (HRoT) on future server platforms, as well as computing, communications, industrial, and automotive systems. Mach-NX marks the third FPGA family developed on the Lattice Nexus™ FPGA platform in a year.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201208005194/en/

The Lattice Mach-NX secure control FPGA (Photo: Business Wire)

The Lattice Mach-NX secure control FPGA (Photo: Business Wire)

“The race is on between bad actors trying to exploit firmware vulnerabilities and developers designing server platforms with the security features and performance to stop them,” said Patrick Moorhead, president and founder of Moor Insights & Strategy. “Protecting systems better requires a real-time HRoT with support for stronger cryptography algorithms like ECC 384 and new, robust data security protocols like SPDM. I believe technologies like Lattice’s Mach FPGA families can simplify and accelerate implementation of these technologies for server OEMs looking to better secure their platforms against cyberattack and IP theft.”

Esam Elashmawi, Chief Strategy and Marketing Officer at Lattice, added: “Securing systems against unauthorized firmware access goes beyond establishing a HRoT at boot. It also requires that components used to build the system are not compromised as they move through the global supply chain. When combined with the additional protection afforded by our SupplyGuard security service, Lattice Mach-NX FPGAs can protect a system throughout its entire lifecycle: beginning at the time components start moving through the supply chain, through initial product assembly, end-product shipping, integration, and throughout the product’s operational lifetime.”

Building on the system control capabilities of the Mach family, Mach-NX FPGAs combine a secure enclave (an advanced, 384-bit hardware-based crypto engine supporting reprogrammable bitstream protection) with a logic cell (LC) and I/O block. The secure enclave helps secure firmware, and the LC and I/O block enable system control functions such as power management and fan control. Mach-NX FPGAs can verify and install the over-the-air firmware updates that keep systems compliant with evolving security guidelines and protocols. The Mach-NX FPGA’s parallel processing architecture and dual-boot flash memory configuration provide the near instantaneous response times needed to detect and recover from attacks (a level of performance beyond the capabilities of other HRoT platforms like MCUs). Mach-NX FPGAs will support the Lattice Sentry™ solutions stack, a robust combination of customizable embedded software, reference designs, IP, and development tools to accelerate the implementation of secure systems compliant with NIST Platform Firmware Resiliency (PFR) Guidelines (NIST SP-800-193).

Key features of the Mach-NX family include:

  • Secure system control – Mach-NX FPGAs’ logic (up to 11K LCs) and high I/O count (up to 379) enable fast and secure system control. Lattice is a long-standing leader in programmable logic for system control. Mach FPGAs have an attach rate of over 80 percent on current shipping server platforms.
  • Robust standards and protocol compliance – the Mach-NX FPGAs’ 384-bit hardware crypto engine supports quick-and-easy implementation of leading-edge cryptography like ECC 384 and industry-standard security protocols such as NIST SP-800-193 and MCTP-SPDM. Upcoming server platforms will require support for these protocols.
  • End-to-end supply chain protection – Mach-NX FPGAs are supported by the Lattice SupplyGuard™ supply chain security subscription service. SupplyGuard gives OEMs and ODMs peace-of-mind by tracking locked Lattice FPGAs through their entire lifecycle, from the point of manufacture, through transport via the global supply chain, system integration and assembly, initial configuration, and deployment.
  • Rapidly customizable – the Lattice Propel™ design environment accelerates design of a customized, PFR-compliant HRoT solution. The tool uses a GUI-based development environment that allows developers to create PFR solutions while minimizing the need to write RTL code.

For More Information

To learn more about the Lattice technologies mentioned above, please visit:

About Lattice Semiconductor

Lattice Semiconductor (NASDAQ: LSCC) is the low power programmable leader. We solve customer problems across the network, from the Edge to the Cloud, in the growing communications, computing, industrial, automotive, and consumer markets. Our technology, long-standing relationships, and commitment to world-class support lets our customers quickly and easily unleash their innovation to create a smart, secure and connected world.

For more information about Lattice, please visit www.latticesemi.com. You can also follow us via LinkedIn, Twitter, Facebook, YouTube, WeChat, Weibo or Youku.

Lattice Semiconductor Corporation, Lattice Semiconductor (& design) and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries.

GENERAL NOTICE: Other product names used in this publication are for identification purposes only and may be trademarks of their respective holders.

MEDIA CONTACT:

Bob Nelson

Lattice Semiconductor

408-826-6339

[email protected]

INVESTOR CONTACT:

Rick Muscha

Lattice Semiconductor

408-826-6000

[email protected]

KEYWORDS: Oregon North America United States Asia Pacific United Kingdom Europe

INDUSTRY KEYWORDS: Software Mobile/Wireless Networks Internet Hardware Electronic Design Automation Consumer Electronics Technology Semiconductor Security Audio/Video Other Technology Telecommunications

MEDIA:

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The Lattice Mach-NX secure control FPGA (Photo: Business Wire)
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The Lattice Mach-NX secure control FPGA features a secure enclave (an advanced, 384-bit hardware-based crypto engine supporting reprogrammable bitstream protection) with a logic cell (LC) and I/O block. (Graphic: Business Wire)

SPLUNK INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of those who acquired Splunk Inc.


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FEBRUARY 2, 2021

NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) — Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of those who acquired Splunk Inc. (“Splunk” or the “Company”) (NASDAQ: SPLK) securities during the period from October 21, 2020 through December 2, 2020 (the “Class Period”).

All
i
nvestors
who
purchased
shar
es
of
Splunk Inc. and incurred losses areurgedto contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the caseon our website, www.whafh.com.

If you have incurred losses in the shares of Splunk Inc., youmay,nolater thanFebruary 2, 2021, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in the shares of Splunk Inc.


CLICK HERE TO JOIN CASE

On December 2, 2020, after the market closed, Splunk announced its third quarter 2021 financial results in a press release. The Company reported total revenue of $559 million, well below prior guidance expecting between $600 and $630 million. Splunk attributed the shortfall to “uncertainty and volatility for macro factors” that “cause[d] customers to delay spending commitments,particularly for high-value contracts.”

Analysts at BTIG wrote that this explanation “is fairly confusing given that most peers in the softwarespace (and particularly in security software) saw relatively strong trends.” Additionally, analysts at JPMorgan were “blindsided by the magnitude of too many largedeals slipping in the final days of October.”

On this news, Splunk’s stock price fell by $47.88 per share, or approximately 23%, to close at $158.03 per share on December 3, 2020.

Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at [email protected], or visit our website at www.whafh.com.

Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: [email protected], [email protected] or [email protected]
Tel: (800) 575-0735 or (212) 545-4774

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.



J & J SNACK FOODS CORP. ANNOUNCES QUARTERLY CASH DIVIDEND

PENNSAUKEN, N.J., Dec. 08, 2020 (GLOBE NEWSWIRE) — J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $.575 per share of its common stock payable on January 12, 2021 to shareholders of record as of the close of business on December 21, 2020. 

J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets. Manufactured and distributed nationwide, our principal products include SUPERPRETZEL, the #1 soft pretzel brand in the world, as well as internationally known ICEE and SLUSH PUPPIE frozen beverages, LUIGI’S Real Italian Ice, MINUTE MAID* frozen ices, WHOLE FRUIT sorbet and frozen fruit bars, SOUR PATCH KIDS** Flavored Ice Pops, Tio Pepe’s & CALIFORNIA CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes and several bakery brands within DADDY RAY’S, COUNTRY HOME BAKERS and HILL & VALLEY. J&J Snack Foods Corp. has approximately twenty manufacturing facilities and generates more than $1 billion in annual revenue. The Company has a history of strong sales growth and financial performance and remains focused on opportunities to expand its unique niche market product offering while bringing smiles to families worldwide. For more information, please visit http://www.jjsnack.com.

*MINUTE MAID is a registered trademark of The Coca-Cola Company

**SOUR PATCH KIDS is a registered trademark of Mondelēz International group, used under license.



Contact: Ken A. Plunk
Senior Vice President
Chief Financial Officer
(615) 587-4374

ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Reminds Loop Industries, Inc. Investors of Important December 14 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the Firm – LOOP

NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Loop Industries, Inc. (NASDAQ: LOOP) between September 24, 2018 and October 12, 2020, inclusive (the “Class Period”), of the important December 14, 2020 lead plaintiff deadline in securities class action. The lawsuit seeks to recover damages for Loop investors under the federal securities laws.

To join the Loop class action, go to http://www.rosenlegal.com/cases-register-1969.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Loop scientists were encouraged to misrepresent the results of Loop’s purportedly proprietary process; (2) Loop did not have the technology to break PET down to its base chemicals at a recovery rate of 100%; (3) as a result, the Company was unlikely to realize the purported benefits of Loop’s announced partnerships with Indorama and Thyssenkrupp; and (4) as a result of the foregoing, defendants’ positive statements about Loop’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 14, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1969.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        [email protected]
        [email protected]
        www.rosenlegal.com



Amen Properties Reports Results for Third Quarter of 2020 and Announces Dividend

Amen Properties Reports Results for Third Quarter of 2020 and Announces Dividend

DALLAS–(BUSINESS WIRE)–
Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended September 30, 2020. The Company posted quarterly revenue of $301 thousand and a net profit of $98 thousand. These results compare to revenue of $530 thousand and a net loss of $(436) thousand for the same quarter last year. The Company’s decline in revenue for the quarter was driven by decreases in oil and gas production and commodity prices. The increase in profitability was caused primarily by tax refunds realized from the correction of tax returns for 2017-19.

Amen announced that the Company’s Board of Directors has approved the payment of a quarterly dividend of $7.50 per share, to be paid on December 30, 2020 to shareholders of record as of the close of business on December 23, 2020.

Finally, Amen reiterated that its Board has approved a plan whereby the Company will no longer hedge the revenue stream associated with its oil and gas royalties. “Shareholders of Amen need to understand that they hold an un-hedged long oil and gas position and should pursue their own hedging strategy if they are uncomfortable with that risk,” said Kris Oliver, Amen’s Chief Financial Officer.

The Company’s 2020 third quarter report is available for viewing or download from the company’s web site – www.amenproperties.com.

About Amen Properties:

Amen Properties owns a portfolio of properties including real estate and oil and gas interests.

Cautionary Statement:

This document contains forward-looking statements, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements. Forward-looking statements can be identified by use of the words “expect,” “project,” “may,” “might,” potential,” and similar terms. AMEN Properties, Inc. (“Amen,” “we” or the “Company”) cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Amen’s control. These factors include, but are not limited to, our ability to implement our strategic initiatives, economic, political and market conditions and price fluctuations, government and industry regulation, U.S. and global competition and other factors. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Press and Investor Relations Contact:

Kris Oliver

(972) 999-0494

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: REIT Oil/Gas Energy Construction & Property Other Energy

MEDIA:

IIROC Trading Halt – KTO

Canada NewsWire

VANCOUVER, BC, Dec. 8, 2020 /CNW/ – The following issues have been halted by IIROC:

Company: K2 Gold Corporation

TSX-Venture Symbol: KTO

All Issues: No

Reason: At the Request of the Company Pending News

Halt Time (ET): 3:30 PM

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

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