Market Newsdesk

New investments in leadership team, channel partnerships and product enhancements follow on 300% growth in revenue in 2020

BOSTON, Dec. 14, 2020 (GLOBE NEWSWIRE) —  Indico, a provider of enterprise AI solutions for intelligent process automation, today announced an infusion of $22 million of series B funding co-led by Jump Capital and Sandbox Ventures. Bringing the total capital raised to $36 million this investment supplements prior funding from 406 Ventures, Osage Venture Partners, Hyperplane Venture Capital and Boston Seed Capital as well as a new investment from Nationwide’s venture capital arm.

The new funding will enable Indico to further capitalize on its position as a leader in the fast-growing intelligent automation category. Built on its breakthrough artificial intelligence approach, Indico enables customers to capture dramatic efficiency gains by automating the intake and understanding of document and image-based workflows across the insurance, financial services and healthcare industries.

“The global pandemic has created a dramatic new set of challenges for business leaders in 2020”, said Tom Wilde, CEO Indico. “One of the most direct results has been the accelerated investment in digital transformation and automation initiatives to create more robust operating capabilities. Indico’s solution for the automation of document intensive workflows continues to drive results across our key verticals with our “business first” product strategy and our disruptive core technology advantage.”

“Automation has been among the fastest growing segments of the enterprise market over the past five years, and the pandemic has sown the seeds for accelerated adoption, as companies seek to pursue aggressive transformation efforts,” said Anil Vijayan, Vice President, Everest Group. “While RPA has become near-ubiquitous, enterprises continue to push the boundaries of automation potential by using it along with process mining, Intelligent Document Processing (IDP) and other intelligent automation technologies. Document-centric technologies such as IDP, in particular, are set to see explosive growth given the rising maturity of the technology, the sheer volumes of enterprise documents being processed manually, and the clear path to ROI.”

As part of its continued investments in the Indico product and technology, the company plans to double headcount in 2021, including new leadership hires in sales, partnerships, marketing, finance and solution engineering. The company also plans aggressive expansion of its channel relationships and integration partnerships to further broaden Indico’s industry footprint.

With the Series B financing, Indico added two new board members, Chris Zock from Sandbox Ventures and Saurabh Sharma from Jump Capital to provide industry knowledge and guidance.

“We are just at the beginnings of the intelligent automation movement. The market opportunity for Indico is huge as they enable enterprises unlock significant value. I am very excited to work with Tom, Slater and their brilliant team to help build an industry leading company in the automation space.”, said Saurabh Sharma, General Partner at Jump capital who will be joining the company’s board.”

About Indico

Indico is the leading provider of Intelligent Process Automation (IPA) solutions. We help organizations turn process into profit by enabling them to automate manual, labor-intensive, document-based workflows. Our breakthrough in solving these challenges is an approach known as transfer learning, which allows users to train machine learning models with orders of magnitude less data than required by traditional rule-based techniques. With Indico, enterprises are now able to deploy AI to unstructured content challenges more effectively while eliminating many of the common barriers to adoption. For more information, visit https://indico.io/

About Jump Capital

Jump Capital is a thesis-led venture capital firm specializing in series A/B and growth-stage investments ranging from $2 million to $20 million. Jump focuses on data-driven software companies across the Application Software, IT and Data Infrastructure, Fintech and Media sectors. Investing with an operating-centric approach, Jump provides advocacy and support for entrepreneurs, complemented with institutional level resources. Visit https://jumpcap.com/ for more information or follow us @jumpcapital.”

About Sandbox Insurtech Ventures

Sandbox Insurtech Ventures unites innovative insurance companies in a fund syndicate model, invests in promising technology start-ups, and drives collaboration between incumbents and insurtechs.  The fund team provides a global perspective on insurance innovation and, through investments in best-in-class insurtech start-ups, provides both attractive financial returns and strategic advantages for investors. Sandbox Insurtech Ventures is part of Sandbox Industries, an established venture capital firm that manages industry-specific funds.  Learn more at www.sbxinsurtech.com. 

About Nationwide Ventures

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com. Follow us on Facebook and Twitter. Nationwide, Nationwide is on your side and the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company. © 2020

Media Contact:
Kirsten Evans
303-883-44001
[email protected]

SALT LAKE CITY, Dec. 14, 2020 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home furnishings retailer, was recently recognized in the seventh annual Loyalty360 Awards for its innovation in technology and for its employee engagement with customers and with associates throughout the company.

The Loyalty360 awards recognize brands that build more robust and deeper loyalty with their customers in a proactive, meaningful, and measurable way. Overstock received the Gold award in the Employee Engagement and Impact category and the Silver award in the Technology and Trends category.

“Technology is at the forefront of Overstock’s customer-centric approach,” said Jonathan Johnson, CEO of Overstock. “Providing a best-in-class and easy to use customer experience has always been a top priority. We are honored that Loyalty360 has recognized our ongoing commitment to both employee engagement and customer satisfaction.”

Loyalty360 selected winning companies in the Employee Engagement category based on their culture of alignment, ensuring every employee is working together toward a shared goal of the larger brand identity. Companies honored in the Technology and Trends category were selected for their ability to leverage innovative technology to develop a fresh approach to customer loyalty strategy. Overstock’s dedication to aligning company culture with customer experience, coupled with building technical innovations designed to foster employee loyalty and engagement, led to this year’s recognition by Loyalty360.

“For our 2020 Loyalty360 Awards, we are amazed at not only the quantity but the quality of submissions we received this year,” said Mark Johnson, CEO of Loyalty360. “This year’s awards were our most competitive yet, showcasing several brands committed to building stronger and long-lasting customer relationships. We are thrilled to recognize the Overstock team for its amazing work in the Employee Engagement & Impact and Technology & Trends categories. Congratulations to the Overstock team and we look forward to seeing what’s next in 2021.” 

For more information on open positions at Overstock, please visit this link.

About Loyalty360

Loyalty360 is the only objective community for customer loyalty, which seeks to enable and encourage dialogue among industry leaders. Through a unique blend of content, collaboration, and diverse learning opportunities, we’ve created a network of brands and technology providers representing some of the best voices that the customer loyalty industry has to offer. Visit us at Loyalty360.org or follow us @Loyalty360.

About Overstock

Overstock.com, Inc Common Stock (NASDAQ:OSTK) / Series A-1 Preferred Stock (tZERO ATS:OSTKO) / Series B Preferred Stock (OTCQX:OSTBP) is an online retailer and technology company based in Salt Lake City, Utah. Its leading e-commerce website sells a broad range of new home products at low prices, including furniture, décor, rugs, bedding, home improvement, and more. The online shopping site, which is visited by tens of millions of customers a month, also features a marketplace providing customers access to millions of products from third-party sellers. Overstock was the first major retailer to accept cryptocurrency in 2014, and in the same year founded Medici Ventures, its wholly owned subsidiary dedicated to the development and acceleration of blockchain technologies to democratize capital, eliminate middlemen, and re-humanize commerce. Overstock regularly posts information about the Company and other related matters on the Newsroom and Investor Relations pages on its website, Overstock.com.

O, Overstock.com, O.com, Club O, and Worldstock are registered trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact, including but not limited to statements regarding these awards. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, which was filed with the SEC on March 13, 2020, in our Form 10-Q for the quarter ended March 31, 2020, which was filed with the SEC on May 7, 2020, in our Form 10-Q for the quarter ended June 30, 2020, which was filed with the SEC on August 6, 2020, in our Form 10-Q for the quarter ended September 30, 2020, which was filed with the SEC on November 5, 2020, and in our subsequent filings with the SEC.

Contacts Investor Relations: Alexis Callahan 801-947-5126 [email protected]

Media Relations: Megan Herrick 801-947-3564 [email protected]

MOSCOW, Dec. 14, 2020 (GLOBE NEWSWIRE) — HeadHunter Group PLC (Nasdaq: HHR, MOEX: HHRU) (HeadHunter or the “Company”) announces today that its wholly owned subsidiary, LLC Headhunter, has completed the placement of 6.45% ₽4 billion of 001Р-01R series bonds. The Bonds will pay interest quarterly and are due in December 2023 (the “Bonds”). This is the first Ruble bond offering by LLC Headhunter which utilized the ₽20 billion indefinite bond program that was established on MOEX in October 2020.

The bond proceeds will be used to finance the recently announced acquisition of LLC Zarplata.ru and other corporate purposes.

As of the date of this release, local rating agency ExpertRA assigned HeadHunter Group PLC and 001Р-01R series bond issuance the ‘ruAA’ credit rating with a stable outlook.

Contacts:

Investor Inquiries
Roman Safiyulin
E-mail: [email protected]

Media Inquiries
Alexander Dzhabarov
E-mail: [email protected]

About HeadHunter Group PLC

HeadHunter is the leading online recruitment platform in Russia and the Commonwealth of Independent States focused on providing comprehensive talent acquisition services, such as access to extensive CV database, job postings (jobs classifieds platform) and a portfolio of value-added services.

Disclaimer

The securities referenced to herein have not been, and will not be, registered under the United States Securities Act of 1933 (the “Securities Act”).

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this announcement that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the Bonds and use of proceeds from the offering, as well as statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. Actual results may differ materially from the results predicted or implied by such statements, and our reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted or implied by such statements include, among others, significant competition in our markets, our ability to maintain and enhance our brand, our ability to improve our user experience and product offerings, our ability to respond to industry developments, our reliance on Russian Internet infrastructure, macroeconomic and global geopolitical developments affecting the Russian economy or our business, including the impact of the COVID-19 pandemic, changes in the political, legal and/or regulatory environment, privacy and data protection concerns and our need to expend capital to accommodate the growth of the business, as well as those risks and uncertainties included under the caption “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2019 and our prospectus pursuant to Rule 424(b) filed with the SEC on July 16, 2020, as such factors may be updated from time to time in our other filings with the U.S. Securities and Exchange Commission (“SEC”), each of which is on file with the SEC and is available on the SEC website at www.sec.gov. In addition, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements that we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this announcement are inherently uncertain and may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Accordingly, you should not rely upon forward-looking statements as predictions of future events. In addition, the forward-looking statements made in this announcement relate only to events or information as of the date on which the statements are made in this announcement. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Dallas, Dec. 14, 2020 (GLOBE NEWSWIRE) — For the 16^th year in a row, the League of United Latin American Citizens (LULAC) National staff and local Dallas LULAC Councils have teamed up with the North Texas Food Bank to create Cena en El Barrio, a unique holiday event that provides local families with food items to help make the holidays just a bit brighter.

“Navidad, Spanish for Christmas, is a time to give to those less fortunate and to display kindness to all,” says Domingo Garcia, LULAC National President. “This Christmas, amid COVID-19, is going to be very special to thousands of families in our community thanks to the generous contribution of Smithfield Foods donating 160,000 servings of protein which LULAC is pleased to share with families across North Texas in need this Christmas season,” he added.

“As a food company, helping to feed our neighbors in need is our social purpose at Smithfield,” said Jonathan Toms, charitable initiatives manager at Smithfield Foods. “We’re thrilled join this meaningful partnership with LULAC, a legacy organization whose dedication to the community is unmatched. This donation of protein will go a long way to help alleviate the hunger so many families face, especially at such an important time of year.”

The ongoing impact of COVID-19 means there are more people in need of food assistance than ever before, making this the largest Cena en El Barrio distribution to date, serving approximately 3,500 families.

“Cena is one of our favorite events of the year because it provides our LULAC Youth Councils with a leadership opportunity to make the holidays a little brighter for local families,” says Garcia. “We are grateful to our partners Smithfield Foods, the North Texas Food Bank and each of the involved LULAC chapters for helping create the biggest Cena en El Barrio event ever,” he adds.

The North Texas Food Bank has seen the need for food assistance as well as their output of food more than double over the last few months. Cena en El Barrio is just one example of how the Food Bank works to provide underserved communities with food resources.

“Seeing the growth of Cena en El Barrio is amazing and humbling,” said Anna Kurian, Senior Director of Marketing and Communications for the North Texas Food Bank. “The LULAC team is dedicated to the community and their efforts help so many people across our region. I have seen firsthand how this program can provide both food and hope to many local neighbors, and I am grateful to LUAC and Smithfield for helping make this event even bigger this year. Thanks to this caring community each household will receive about 70 lbs. of food.”

About the North Texas Food Bank:

The North Texas Food Bank (NTFB) is a top-ranked nonprofit hunger-relief organization operating a state-of-the-art volunteer and distribution center in Plano, the Perot Family Campus. Last year, the Food Bank worked hard in partnership with member agencies from our Feeding Network to provide access to almost 97 million nutritious meals across a diverse 13- county service area, exceeding our goal by five years to provide access to 92 million annual meals by 2025. But the need for hunger relief is complex and in order to meet the continued need, the NTFB is always working to increase our food distribution efforts and bridge the hunger gap for children, seniors, and families in North Texas.  NTFB is a member of Feeding America, a national hunger-relief organization.

About LULAC

The League of United Latin American Citizens (LULAC) is the nation’s largest and oldest Hispanic civil rights volunteer-based organization that empowers Hispanic Americans and builds strong Latino communities. Headquartered in Washington, DC, with 1,000 councils around the United States and Puerto Rico, LULAC’s programs, services, and advocacy address the most important issues for Latinos, meeting the critical needs of today and the future. For more information, visit https://lulac.org/

About Smithfield Foods, Inc.

Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. Our 40,000 U.S. and 15,000 European employees are dedicated to producing “Good food. Responsibly.®” and have made us one of the world’s leading vertically integrated protein companies. We have pioneered sustainability standards for more than two decades, including many industry firsts, such as our ambitious commitment to cut our carbon impact by 25 percent by 2025. We believe in the power of protein to end food insecurity and have donated hundreds of millions of food servings to our neighbors in need. Smithfield boasts a portfolio of high-quality iconic brands, such as Smithfield®, Eckrich® and Nathan’s Famous®, among many others. For more information, visit www.smithfieldfoods.com, and connect with us on Facebook, Twitter, LinkedIn and Instagram.

Attachments

• LULAC IMAGES
• LULAC IMAGES 2

Anna Kurian
North Texas Food Bank 
2147246565
[email protected]

LIVERMORE, Calif. and VILLACH, Austria, Dec. 14, 2020 (GLOBE NEWSWIRE) — FormFactor, Inc. (NASDAQ:FORM), a leading electrical test and measurement supplier to the semiconductor industry, and T.I.P.S. Messtechnik GmbH (T.I.P.S.), a leading supplier of specialized high voltage, high current probe cards, announced today the companies have joined in a MeasureOne partnership to provide test and measurement solutions for high power devices. MeasureOne is a commitment between FormFactor and a select group of partners to deliver performance-validated, integrated solutions to address customers’ test and measurement applications.

Power semiconductors are commonly used in electric and hybrid electric vehicles (EV/HEV). To address market needs, power semiconductor manufacturers are quickly adopting materials such as silicon carbide (SiC) and gallium nitride (GaN) that can operate at higher voltages, temperatures and frequencies while delivering improved efficiency and reliability. The semiconductor power device market for EV/HEV is projected to grow at a CAGR of 21% from 2018-2024, to exceed $3.7B*, according to Milan Rosina, PhD. Principal Analyst, Power & Wireless and Batteries at Yole Développement (Yole).

“FormFactor has developed specialized application layers for our industry-leading 200 mm and 300 mm high-power probe systems to support the unique test requirements of high power semiconductor devices utilizing T.I.P.S. high-voltage anti-arcing probe cards,” said Claus Dietrich, VP and GM of the Systems Business Unit at FormFactor. “This optimized solution provides our customers with a simple and safe way to make semi-automated and fully-automated high power device characterization measurements. Working with the market leader in specialized high-voltage and high-current probe cards allows us to optimize our environment to deliver engineering probe systems capable of solving our customers’ most challenging requirements.”

“Our High Voltage ‘LuPo‘ probe cards with patented flashover suppression technology increase the breakdown voltage of the test environment, preventing arcing and flashover during on wafer high-voltage measurements,” said Dr. Rainer Gaggl, Managing Director at T.I.P.S. “FormFactor’s high-power engineering probers are a natural partner to our high-voltage/high-power probe cards. Device manufacturers truly benefit from the combined experience our partnership brings.”  

FormFactor systems with T.I.P.S. probe cards are installed at leading customer facilities worldwide. More information regarding FormFactor’s high power test and measurement systems and the MeasureOne program is available on the FormFactor website. Visit www.tips.co.at for more information on T.I.P.S. test interface hardware.

* Status of the Power Electronics Industry report, 2020 Edition and Power Electronics for Electric & Hybrid Electric Vehicles report, 2020 edition, Yole Développement

About FormFactor
FormFactor, Inc. (NASDAQ:FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle – from metrology and inspection, characterization, modeling, reliability, and design debug, to qualification and production test. Semiconductor companies rely upon FormFactor’s products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company’s website at www.formfactor.com.

About T.I.P.S.
With its headquarters in Villach, Austria, T.I.P.S. Messtechnik GmbH’s team of specialists supports customers worldwide throughout all phases of the product lifecycle – from research and development and test concepts, engineering and design, production, to full after-sales maintenance and support. With proven processes, in-depth technical expertise, and the fastest reaction times, the Company is a recognized leader in test interface hardware for microchip testing.

Investor Contact:
Stan Finkelstein
Investor Relations
(925) 290-4321
[email protected]

Trade Contact:
David Viera
Corporate Communications
(925) 290-4182
[email protected]

T.I.P.S. Messtechnik GmbH
Dr. Rainer Gaggl
Managing Director
+43 4242 319720
[email protected]

BURLINGTON, Vt., Dec. 14, 2020 (GLOBE NEWSWIRE) — Seventh Generation, a leading household and personal care products company and pioneer in the environmentally conscious products space, today announced a five-year partnership with Alterra Mountain Company, a family of year-round mountain destinations. Under the agreement, SVG will provide a full range of Seventh Generation Professional cleaning and disinfectant products.

Starting this month, Seventh Generation will be the preferred front of house cleaning supplier for Alterra Mountain Company’s North American destinations, including Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton and Sugarbush Resort in Vermont; Snowshoe in West Virginia; Tremblant in Quebec; Blue Mountain in Ontario; Crystal Mountain in Washington; and Deer Valley Resort and Solitude Mountain Resort in Utah through October 31, 2025.

Considering the COVID-19 pandemic’s far-reaching impact, travelers today place a heightened importance on hygiene and are actively looking for transparency and trust in the standard of cleanliness in all aspects of their journey – from their hotel to the ski lodge to chairlifts. This feeling of trust will be integral to the continued success of major resorts and ski seasons to come.

“The mountains are a place where people travel to feel safe in the great outdoors. This season, Alterra Mountain Company is aptly placing an even larger emphasis on cleaning and disinfecting protocols at their ski resorts to offer the best guest experience and comfort level possible,” said Joe Giallanella, Marketing Lead for Vermont-based Seventh Generation Professional. “This aligns with the mission of Seventh Generation and we are excited to provide a level of increased security with our suite of effective, plant-based and botanical disinfectant products to those who work and visit these ski destinations at a time when thoughtful cleanliness is more important than ever before.”

Through this partnership, Alterra Mountain Company will procure cleaning supplies from Seventh Generation through each resort’s broadline distributor. Alterra Mountain Company’s resorts will feature Seventh Generation’s Professional line of bio-based cleaning and botanical disinfectant products, including:

Dishwasher Detergent Powder	Glass & Surface Cleaner
Disinfecting Bathroom Cleaner	Granite & Stone Cleaner
Disinfecting Kitchen Cleaner	Hand Wash
Disinfecting Wipes	Wood Cleaner
Floor Cleaner

Seventh Generation’s Disinfecting Cleaners, Wipes and Sprays with CleanWell® INSIDE kill 99.9% of household germs botanically, including cold and flu viruses (refer to product label for details) and are included on EPA’s List N of disinfectants for Coronavirus (COVID-19 virus). In addition, Seventh Generation’s Professional line of cleaning products holds commercial cleaning industry employees’ on-going health a priority, by providing authentic products and disclosing ingredients right on the product label.

“Alterra Mountain Company places the well-being of our employees, guests and communities as a top priority and in times of uncertainty, hope to create an environment that not only sparks joy, but security as well,” said Ryan Blanchard, Director of Brand Partnerships, Alterra Mountain Company. “Seventh Generation’s partnership not only means we can help ensure both for seasons to come, but that we can do so sustainably.”

Today, businesses share an integral responsibility to generate positive change through business decision-making. This partnership builds on that mission, demonstrating not only a positive impact on the health of Alterra Mountain Company employees and guests, but on the planet as well. Alterra Mountain Company’s commitment to green cleaning is a step in the right direction for sustainable hospitality.

About Seventh Generation

For more than 30 years, it’s been Seventh Generation’s mission to help you protect your world with our environmentally conscious and effective household products. Our products are solutions for the air, surfaces, fabrics, pets and people within your home — and for the community and environment outside of it. Seventh Generation offers a full line of laundry, dish and household cleaners, baby products including Free & Clear diapers, training pants and baby wipes, plus recycled paper products and recycled plastic trash bags, personal care products such as deodorant and body wash and period care products including Organic certified tampons. The company derives its name from the Great Law of the Iroquois Confederacy that states, “In our every deliberation, we must consider the impact of our decisions on the next seven generations.” For information on Seventh Generation cleaning, paper, baby and feminine personal care products, to find store locations, and explore the company’s website visit www.seventhgeneration.com.

About Alterra Mountain Company

Alterra Mountain Company is a family of 15 iconic year-round destinations, including the world’s largest heli-ski operation, offering the Ikon Pass, the new standard in season passes. The company owns and operates a range of recreation, hospitality, real estate development, food and beverage and retail businesses. Headquartered in Denver, Colorado, with destinations across the continent, Alterra Mountain Company is rooted in the spirit of the mountains and united by a passion for outdoor adventure. Alterra Mountain Company’s family of diverse playgrounds spans six U.S. states and three Canadian provinces: Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton and Sugarbush Resort in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Crystal Mountain in Washington; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.  Also included in the portfolio is Alpine Aerotech, a worldwide helicopter support and maintenance service center in British Columbia, Canada. Alterra Mountain Company honors each destination’s unique character and authenticity and celebrates the legendary adventures and enduring memories they bring to everyone. For more information, please visit www.alterramtnco.com.

Brandi Thomas
[email protected]

As new locations thrive in bordering markets such as Texas and Alaska, historic burger and wings brand moves into the heart of central Louisiana

LOUISIANA, Dec. 14, 2020 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express, and seven other restaurant concepts, announces the opening of a new co-branded Fatburger and Buffalo’s Express in Alexandria, LA.

“Louisianians know delicious food, and we expect to instantly become a local favorite as we open for the first time in the state,” said Andy Wiederhorn, CEO of FAT Brands. “We see enormous potential as we move into the up-and-coming city of Alexandria, especially after our great successes in outer markets.”

Ever since the first Fatburger opened in Los Angeles over 70 years ago, the chain has been known for its delicious, grilled-to-perfection and cooked to order burgers. Founder Lovie Yancey believed that a big burger with everything on it is a meal in itself. And at Fatburger “everything” is not just the usual lettuce, tomato, onion, mayo, mustard, pickles and relish. Burgers can be customized with everything from bacon and eggs to chili, jalapenos and onion rings. In addition to its famous burgers, the Fatburger menu also includes Fat and Skinny fries, sweet potato fries, scratch-made onion rings, IMPOSSIBLE^™ burgers, turkeyburgers, chicken sandwiches, and hand scooped milkshakes made from 100% real ice cream.

From the Buffalo’s Express menu, patrons can choose bone-in or boneless wings accompanied by a range of sauces including Scorchin’, Carolina Fire BBQ, Asian Sesame, Coconut Jerk, Honey Garlic, and Sweet Bourbon BBQ. All of Buffalo’s Express menu wings are accompanied by celery, carrots, and blue cheese, ranch or honey mustard dressing.

The Alexandria Fatburger and Buffalo’s Express is located at 114 Versailles Blvd., Alexandria, LA 71303 and will be open Sunday – Thursday from 10:30am – 10:00pm and Friday – Saturday from 10:30am – 11:00pm.

For more information or to find a Fatburger near you, please visit www.fatburger.com.

For more information or to find a Buffalo’s Express near you, please visit www.buffalos.com.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns nine restaurant brands: Fatburger, Johnny Rockets, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 675 units worldwide. For more information, please visit www.fatbrands.com.

About Fatburger

An all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand^™.

About Buffalo’s Express

Founded in 1985 in Roswell, Georgia, Buffalo’s Express is a fast-casual chain known for its world-famous chicken wings and proprietary wing sauces. Co-branded with over 100 Fatburger restaurants to date, Buffalo’s Express’ significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo’s Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo’s Express – Where Everyone is Family^™.

MEDIA
CONTACT:

Erin Mandzik, JConnelly
[email protected]
862-246-9911

San Diego, California, Dec. 14, 2020 (GLOBE NEWSWIRE) — Tesoro Enterprises, Inc. (OTCMKT: TSNP) HUMBL announced today the launch of its HUMBL Holiday Deal Days merchant campaign. Upon signing up for a HUMBL^® Pay account, customers will be able to shop the HUMBL Marketplace for highly curated holiday deals, coupon codes and affiliate discount links in shopping verticals like electronics, health, beauty, home, fashion, fitness, and kids.

The HUMBL Deal Days campaign enables HUMBL^® Pay global customers to shop online hassle-free by locating the best deals on the internet while avoiding broken links, fake merchandise and expired coupon codes. Current deals include curated links to holiday discounts on trusted brands such as Apple^®, Microsoft^®, Samsung^®, Sony^®, Target^®, Best Buy^® and ULTA Beauty^®.

“What we learned from studying the AliPay^™ model is that seamless engagement across Alibaba^® Marketplace and AliPay^™ merchant channels, was critical to the user growth of their platforms in China,” said Jennifer Edgerton, VP, Omni-Channel Marketing of HUMBL.

“HUMBL^® Pay online customers have told us they want to find great prices and offers, conveniently, in one place, and HUMBL merchants need to make sales year-round; that is our goal with the HUMBL Marketplace and it will expand with us into the global markets.”

The HUMBL Marketplace will also be exploring HUMBL affiliate email programs, flash sales and the development of more seamless checkout technologies via a HUMBL^® Pay website module and potential one-touch checkout partners.

The HUMBL Holidays program will run through from December 14, 2020 through January 4, 2021 and will be followed by regularly scheduled merchant discounts and offers on www.HUMBLpay.com.

About HUMBL, Inc.

The mission of HUMBL, Inc. is to deliver more seamless digital pairing experiences for consumers and merchants in the global economy. The HUMBL platform includes the HUMBL^® Mobile App, HUMBL Hubs^™ Merchant Software and the HUMBL Marketplace.

The HUMBL^® Mobile App delivers more seamless global transactions, by integrating multiple currencies, payment methods and financial services into one-click for the customer, beyond primarily US only mobile wallet providers such as Zelle^® and Venmo^®.

The HUMBL Hubs^™ merchant software and point-of-sale (POS) pairs customers and merchants together to use contactless payment technologies, helping merchants in majority cash economies to do things like accept debit cards, credit cards and USD stablecoins from HUMBL^® mobile wallet users.

The HUMBL Marketplace will connect customers and merchants online, in improved global commerce, deal discovery and HUMBL Pay merchant checkout programs.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words “may,” “will,” “should,” “plans,” “expects,” “anticipates,” “continue,” “estimates,” “projects,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company’s ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company’s control.

CONTACT:

HUMBL, LLC
[email protected]

Attachment

• HUMBL Holidays

SASKATOON, Saskatchewan, Dec. 14, 2020 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) announced today that it will be temporarily suspending production at its Cigar Lake uranium mine in northern Saskatchewan over the coming weeks due to the increasing risks posed by the Coronavirus (COVID-19) pandemic.

Saskatchewan is experiencing a significant negative trend in the pandemic, which is leading to increased uncertainty for the continuous operation of Cigar Lake, due in part to access to qualified operational personnel. We will continue to carefully monitor the provincial COVID-19 situation, especially in northern Saskatchewan, as well as the impacts on our communities and the availability of employees and contractors to travel to Cigar Lake.

“The safety of our workers, their families and communities is our top priority,” said Cameco President and CEO Tim Gitzel. “We have had six positive tests at our northern operations in recent weeks, including three at Cigar Lake. While the protocols we have put in place have to date allowed us to effectively manage these cases, there are broader risks we don’t control. Therefore, we believe it is prudent to do our part to continue to protect our people and our operations from the increasing threats that are outside our influence.

“One of the most challenging trends we’ve had to navigate is the shrinking availability of workers in critical roles at Cigar Lake due to self-isolations, absenteeism and communities being on temporary pause for transporting workers due to the pandemic.”

At the peak of production this fall, there were about 300 workers on-site at Cigar Lake. As a result of this decision, we will be placing the mine in a safe state of care and maintenance and there will be a significant reduction in personnel. We expect the enhanced health and safety protocols already in place and the decreased activities at site will ensure we can continue to work safely.

Cameco will continue to have regular dialogue with public health authorities and northern leaders in Saskatchewan.

“Having Cigar Lake operating was always part of our strategy,” Gitzel said. “The costs of care and maintenance are not insignificant, and you saw that impact in our third quarter results. Therefore, the restart conditions for Cigar Lake are not the same as we have laid out for McArthur River. The timing of the restart and the production rate will depend on how the COVID-19 pandemic is impacting the availability of the required workforce at Cigar Lake, how cases are trending in Saskatchewan, in particular in northern communities, and the views of public health authorities.

“Due to the suspension, we plan to increase our purchases in the market to secure uranium we need to meet our sales commitments,” Gitzel said. “COVID-19 has taught us many lessons, including that the pandemic is a greater risk to uranium supply than to uranium demand.”

We expect our business to be resilient. Our deliveries to date have not been materially impacted by COVID-19, nor do we expect there will be a material impact on our remaining 2020 deliveries. At September 30, 2020, Cigar Lake had produced 2.3 million pounds (Cameco’s share) of uranium concentrates. However, due to the temporary production suspension, we do not expect to achieve 5.3 million pounds (our share) of production for 2020.

There will be costs associated with this temporary production suspension. While Cigar Lake is on care and maintenance, we expect to incur costs of between $8 million and $10 million per month, which will be expensed directly to cost of sales. We may also incur additional costs related to the purchase of uranium, which comes at a higher cost than our production. Given the timing of the suspension, we do not expect these costs would begin to impact our results until the first quarter of 2021.

Our balance sheet remains strong and we expect to have the financial capacity to manage the disruptions to our operations caused by the COVID-19 pandemic. As of September 30, 2020, we had $793 million in cash and short-term investments and $1 billion in long-term debt. In addition, we have a $1 billion undrawn credit facility. We expect our cash balances and operating cash flows to meet our capital requirements for the remainder of 2020, and therefore do not anticipate drawing on our credit facility in 2020.

The Cigar Lake operation is owned by Cameco (50.025%), Orano Canada Inc. (37.1%), Idemitsu Canada Resources Ltd. (7.875%) and TEPCO Resources Inc. (5.0%) and is operated by Cameco.

Profile

Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

Caution Regarding Forward-Looking Information and Statements

This news release includes statements and information about our expectations for the future, which we refer to as forward-looking information. Forward-looking information is based on our current views, which can change significantly, and actual results and events may be significantly different from what we currently expect.

Examples of forward-looking information in this news release include: the plan to suspend production at Cigar Lake temporarily; our intention to carefully monitor the COVID-19 situation and its impact; our expectations regarding placing the mine in a safe state of care and maintenance, the reduction in the number of workers required at the mine, and their ability to continue to work safely; our plan to continue a regular dialogue with public health authorities and northern leaders in Saskatchewan; the factors that will affect the timing of the restart and the production rate; our intention to increase our uranium purchases in the market due to the suspension to meet our sales commitments, the expected additional costs of such purchases, and our expectation that these costs would not impact our results until 2021; our expectation that our business will be resilient, and that there will not be a material impact on our remaining 2020 deliveries; the statement that we do not expect to achieve 5.3 million pounds (our share) of production for 2020; our expectation regarding the monthly costs that we will incur while Cigar Lake is on care and maintenance; and our expectations regarding our financial capacity to manage the disruptions to operations caused by COVID-19, the sufficiency of our cash balances and operating cash flows, and that we will not draw on our credit facility in 2020.

Material risks that could lead to different results include: implementation of the suspension at the Cigar Lake mine may be delayed, or we may not be able to implement the suspension as planned; once commenced, the suspension may continue for an extended period, due to the factors we have identified as relevant to the timing of the restart, or other factors; we may be unable to fully monitor the COVID-19 situation and its impact as it develops; the risk that more workers than expected may be required at the mine during the suspension, and that sufficient workers may not be available; risks of safety incidents and risks to the health of workers at our Saskatchewan operations; we may be unable to increase our uranium purchases in the market at the prices we expect, and the timing of the impact of the increased costs of these purchases on our results; the risk that our business may not be as resilient as we expect in managing or recovering from the disruptions caused by the COVID-19 pandemic; the risk of a material impact on our remaining 2020 deliveries; the possibility that the monthly costs of keeping Cigar Lake in care and maintenance may be higher than we expect; and the risk that we may be required to draw on our credit facility to manage disruptions to our business caused by COVID-19.

In presenting this forward-looking information, we have made assumptions which may prove incorrect, including assumptions regarding the timing, number of workers and other requirements to implement and safely maintain the suspension at Cigar Lake; our ability to fully assess the COVID-19 situation and its impact as it develops and the factors that will affect the timing of the restart; our ability to purchase uranium in the market at the prices we expect, and the impact of the additional costs of such purchases; our ability to satisfy our remaining 2020 deliveries; and the resiliency of our business in managing and recovering from the disruptions caused by COVID-19 without drawing on our credit facility.

Forward-looking information is designed to help you understand management’s current views of our near-term and longer-term prospects, and it may not be appropriate for other purposes. We will not necessarily update this information unless we are required to by securities laws.

Qualified Person

The above scientific and technical information relating to the Cigar Lake uranium mining operation was approved by Lloyd Rowson, general manager, Cigar Lake, Cameco.

Investor inquiries:

Rachelle Girard
306-956-6403
[email protected]

Media inquiries:

Jeff Hryhoriw
306-385-5221
[email protected]

BURLINGTON, Mass., Dec. 14, 2020 (GLOBE NEWSWIRE) — Sophos, a global leader in next-generation cybersecurity, today announced that Sophos Managed Threat Response (MTR) has been named Best Managed Security Services Offering by Channel Partner Insight. Sophos MTR is a winner in the Channel Innovation Awards, which honor organizations for innovative offerings that advance the managed services market into new opportunities and growth.

“Cybercriminals and other threat actors are unrelenting and unmerciful as they continue to target operations of all shapes and sizes, and as evidenced in the Sophos 2021 Threat Report, attackers will continue to get bolder and smarter in the year ahead. It’s critical that organizations – and the partners that they rely on – can not only detect increasingly evasive threats, but also respond to them quickly to minimize harm,” said Joe Levy, chief technology officer at Sophos. “Sophos has long led the industry, and is widely recognized for setting the standard for channel-optimized cybersecurity. Now, we’re tearing down barriers to proactive, human-led security operations, making managed detection and response (MDR) and incident response services available to businesses of all sizes. Sophos’ managed security services answer a growing market need for always-on security, and enable partners to easily start or expand their existing offerings.”

Sophos MTR is a fully-managed threat hunting, detection and response service that fuses machine learning with human analysis for an evolved approach to proactive security protection. It combines Sophos’ consistently top-rated endpoint protection and intelligent EDR with a world-class team of experts to neutralize the most sophisticated and complex threats that can go undetected. Launched in October 2019, Sophos MTR is now one of the industry’s most widely used managed detection and response (MDR) services with more than 1,600 customers, standing apart with its ability to proactively take action on an organization’s behalf to mitigate threats in real time.

Sophos Rapid Response, as part of Sophos MTR, launched in October 2020 as an industry-first, fixed-fee remote incident response service that identifies and neutralizes active cybersecurity attacks throughout its 45-day term of engagement. Sophos Rapid Response quickly stops security incidents – including ransomware, network breaches, hands-on keyboard adversaries, and more – to minimize damage and costs, and reduce recovery time.

“It has been an incredibly challenging year for the North American channel in 2020. Despite facing adversity, the winners at the Channel Innovation Awards are a testament to how MSPs and the vendors that support them can be a force for good for their customers and wider communities,” said Josh Budd, Channel Partner Insight editor. 

Additional Resources

• Learn how Sophos Managed Threat Response blocked a $15M ransomware attack
• See how Sophos Managed Threat Response dissected a new wave of Ryuk attacks
• To help stop ransomware attacks, read the five early indicators an attacker is present
• To learn more about cybersecurity trends, read Sophos’ 2021 Threat Report
• Read the latest security news and views on Sophos‘ award-winning news website Naked Security and on Sophos News
• Connect with Sophos on Twitter, LinkedIn, Facebook, Spiceworks, and YouTube

About Sophos

As a worldwide leader in next-generation cybersecurity, Sophos protects more than 400,000 organizations of all sizes in more than 150 countries from today’s most advanced cyber threats. Powered by SophosLabs and SophosAI – a global threat intelligence and data science team – Sophos’ cloud-native and AI-powered solutions secure endpoints (laptops, servers and mobile devices) and networks against evolving cyberattack techniques, including ransomware, malware, exploits, data exfiltration, active-adversary breaches, phishing, and more. Sophos Central, a cloud-native management platform, integrates Sophos’ entire portfolio of next-generation products, including the Intercept X endpoint solution and the XG next-generation firewall, into a single “synchronized security” system accessible through a set of APIs. Sophos has been driving a transition to next-generation cybersecurity, leveraging advanced capabilities in cloud, machine learning, APIs, automation, managed threat response, and more, to deliver enterprise-grade protection to any size organization. Sophos sells its products and services exclusively through a global channel of more than 53,000 partners and managed service providers (MSPs). Sophos also makes its innovative commercial technologies available to consumers via Sophos Home. The company is headquartered in Oxford, U.K. More information is available at www.sophos.com.

About
Channel Partner Insight

Channel Partner Insight provides leaders of resellers, distributors, MSPs and other specialist consultancies with exclusive analysis of the fast-changing channel sector in Europe and the US, helping them to make smarter business decisions. The transatlantic title, launched in 2019, is owned by London-based Incisive Media. With journalists based in the UK and the US, CPI provides high-quality journalism for channel business leaders, taking a uniquely transatlantic view on the market.

Hanah Johnson, [email protected]