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Glory Star Takes Strategic Investment from an affiliate of Baidu Yi Xin at US$10.31 per Share

BEIJING, Nov. 17, 2020 (GLOBE NEWSWIRE) — Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading mobile and online digital media and entertainment company in China, today announced that it has completed the closing of the subscription agreement with Hong Kong Duoku Limited, an affiliate of Baidu Yi Xin Network Technology (Beijing) Co., Ltd. (“Baidu Yi Xin”), for the issuance of 193,986 Ordinary Shares at a purchase price of $10.31 per share.

In 2011, Baidu Yi Xin was established as a joint venture between Baidu Inc., the operator of the world’s largest Chinese search engine service, and NTT Docomo Inc., the predominant mobile phone operator in Japan. By utilizing Baidu Inc.’s mobile business as its foundation, Baidu Yi Xin has refined its operations for mobile games, digital reading, and online music services to provide mobile Internet users with best-in-class entertainment services and become an independent network technology company.

“Through its affiliate, We are excited to announce the addition of Baidu Yi Xin as a strategic shareholder in Glory Star as it maintains a number of competitive advantages and is highly-regarded throughout the industry,” commented Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star. “Video content-driven e-commerce is widely expected to become the next trillion-dollar market in China as a result of the emergence and implementation of 5G technology. The strategic investment from Baidu Yi Xin once again demonstrates the favorable growth potential of both Glory Star and the video content-driven e-commerce industry as a whole in the era of 5G. As a pioneer in China’s PGC video content-driven e-commerce space, we are confident that such industry developments will be quite advantageous to our future growth trajectory. Looking ahead, we plan to continue working hand in hand with Baidu Yi Xin to both accelerate our growth and consolidate our market leading position.”

The Ordinary Shares issued to Hong Kong Duoku Limited were issued pursuant to an exemption from registration under the Securities Act of 1933 (the “Securities Act”). The securities have not been and will not be registered under the Securities Act or any state or other jurisdiction’s securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions’ securities laws.

About Glory Star New Media Group Holdings Limited

Glory Star New Media Group Holdings Limited is a leading mobile entertainment operator in China. Glory Star’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives. The company’s large and active user base creates valuable engagement opportunities with consumers and enhances platform stickiness with thousands of domestic and international brands.

Safe Harbor Statement

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions  (or the negative versions of such words or expressions ) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; and other factors listed in the Company’s Annual Report on Form 10-K for the year ending December 31, 2019 and in other filings made by the Company with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

Contacts

Glory Star New Media Group Holdings Limited
Yida Ye
Email: [email protected]

ICR Inc.
Sharon Zhou
Tel: +1 (646) 308-0546
Email: [email protected]     



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Dermavant Named One of Fortune® Magazine’s 2020 “100 Best Small and Medium Companies to Work For”

Dermavant Named One of Fortune® Magazine’s 2020 “100 Best Small and Medium Companies to Work For”

LONG BEACH, Calif. & BASEL, Switzerland–(BUSINESS WIRE)–
Dermavant Sciences, a clinical-stage biopharmaceutical company dedicated to developing and commercializing innovative therapeutics in immuno-dermatology, today announced the company has made its debut on Fortune’s list of “100 Best Small and Medium Companies to Work For.”

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201117005253/en/

“We are honored to be included on Fortune’s prestigious list of best companies to work for, chosen from a pool of over 1,000 small and medium companies,” said Todd Zavodnick, Chief Executive Officer of Dermavant. “Investing in our employees and ensuring our values resonate throughout our working environment have been paramount for us as a young biotech startup. We strive to make Dermavant a satisfying and rewarding place to work by living these values and providing our hard-working, dedicated employees with the support and motivation they need as we drive the company forward. This is especially important given the unprecedented challenges posed by the current pandemic, which makes this recognition especially welcome.”

To determine the 2020 Best Small Workplaces list and the 2020 Best Medium Workplaces list, Great Place to Work®, the global authority on workplace culture, analyzed confidential survey feedback representing more than 189,000 employees working in small and medium-sized businesses in the United States. Employees responded to over 60 survey questions describing the extent to which their companies create an experience of trust and the ability to reach full potential as part of the team, regardless of role.

About Dermavant

Dermavant Sciences, a subsidiary of Roivant Sciences, is a clinical-stage biopharmaceutical company dedicated to developing and commercializing innovative therapeutics in immuno-dermatology. Dermavant’s focus is to develop therapies that have the potential to address high unmet medical needs while driving greater efficiency in research and clinical development. The company’s robust medical dermatology pipeline includes both late-stage and early-development product candidates that target specific unmet needs in two of the largest growing immuno-dermatology markets, psoriasis and atopic dermatitis, as well as other large markets, including vitiligo, primary focal hyperhidrosis, and acne. Dermavant is developing its lead product candidate, tapinarof (DMVT-505), as a novel therapeutic aryl hydrocarbon receptor modulating agent (TAMA) topical cream for the treatment of plaque psoriasis and atopic dermatitis, which affect approximately 8 million and 27 million people in the United States, respectively. The company reported positive Phase 3 results for tapinarof cream in adult patients with plaque psoriasis. For more information, please visit www.dermavant.com, and follow us on Twitter (@dermavant) and LinkedIn (Dermavant Sciences).

©2020 FORTUNE Media IP Limited. All rights reserved. Used under license.

Dermavant:

Kara Stancell

Vice President, Investor Relations & Corporate Communications

[email protected]

520-858-0027

Gilmartin:

Laurence Watts

Managing Director

[email protected]

619-916-7620

dna Communications:

Kenneth Meyer

Senior Vice President, Media Relations, Healthcare

[email protected]

212-836-3006

KEYWORDS: California Europe Switzerland United States North America

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Health

MEDIA:

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Ashley Andersen Zantop Joins Cambium Learning Group as Chief Operating Officer

Education essentials company appoints K-12 education technology leader to drive innovation and growth across its businesses

DALLAS, Nov. 17, 2020 (GLOBE NEWSWIRE) — Cambium Learning®Group, a leading provider of award-winning education technology and services for K–12 markets, today announced that Ashley Andersen Zantop has joined the company as Chief Operating Officer (COO). As COO, Andersen Zantop will focus on effective business integrations, identifying new growth opportunities and go-forward business strategy with Cambium’s executive team and division-level leadership. 

Andersen Zantop brings more than 20 years of education technology, publishing and media experience to Cambium. She has served in several executive-level roles, including Chief Content Officer at Capstone, a leading publisher of children’s books, media, audio, digital solutions and services, literacy programs, and K–12 professional learning resources for classrooms, school libraries and home. At Capstone, Andersen Zantop united the company’s global product shared services capabilities and oversaw the development of print, blended and digital solutions including PebbleGo, an award-winning SaaS product for K–3 students and their teachers. She most recently served as the COO and co-president of Greatergood.com Inc., a mission-driven commerce, media and social publisher and as Chair of the Education Division of SIIA.  

“We are facing a critical inflection point in education. Across its businesses, Cambium has stepped up to meet the moment, by providing solutions that embrace simplicity and help teachers and students feel more supported and confident,” said Andersen Zantop. “I’m so proud to join this team and look forward to building upon this momentum and driving concentrated growth and impact across the company.” 

Andersen Zantop’s PreK–12 education and consumer background spans literacy, media, supplemental instruction, adoptions, technology, product development, and print to digital transformations. After beginning her career as an educator, Andersen Zantop was motivated to make improvements in the classroom at a larger scale. As CEO of Trudy Corporation, Andersen Zantop led the organization’s product transformation from print to digital and blended supplemental materials, as well as several acquisitions ultimately leading to the sale of the company to Palm Ventures. She currently serves on the Government Affairs Council of SIIA.

“Ashley is a dynamic leader, with a strong track record of supporting great outcomes in education,” said John Campbell, CEO, Cambium. “As we expand our work with teachers and administrators, Ashley will be a creative, guiding force in ensuring Cambium delivers solutions that help overcome education’s most essential challenges.”

About Cambium Learning Group

Cambium Learning® Group is the education essentials company, providing award-winning education technology and services for K-12 markets. With an intentionally curated portfolio of respected global brands, Cambium serves as a leader in the education space, helping millions of educators and students feel more universally valued each and every day. In everything it does, the company focuses on the elements that are most essential to the success of education, delivering simpler, more certain solutions that make a meaningful difference right now. To learn more, visit www.cambiumlearning.com or follow Cambium on Facebook, LinkedIn, Twitter, and Medium.

The Cambium family of companies includes: Cambium Assessment, Rosetta Stone®, Lexia® Learning, Learning A-Z®, Voyager Sopris Learning®, ExploreLearning®, Time4Learning®, and Kurzweil Education®. 

Media Contact

John Jorgenson
CMO, Cambium Learning Group
520.204.2452 / [email protected]



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Penguin Computing Announces OriginAI Powered by WekaIO

FREMONT, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) — Supercomputing2020 — Penguin Computing, Inc., a division of SMART Global Holdings, Inc. (NASDAQ: SGH) and leader in high-performance computing (HPC), artificial intelligence (AI), and enterprise data center solutions, today announced that it has partnered with WekaIO™ (Weka) to provide NVIDIA GPU-Powered OriginAI, a comprehensive, end-to-end solution for data center AI that maximizes the performance and utility of high-value AI systems.

Organizations are acknowledging the profound business potential that AI, machine learning (ML), and deep learning (DL) represent. In order to adopt these technologies, organizations must implement complex new systems that are performance-optimized and secure.  In order to be successful, every component of an AI system must be expertly tuned to support an organization’s unique AI workloads.  An untuned system results in data path bottlenecks that render expensive resources idle, leading to lost productivity and increased time-to-insight. Adding to the complexity, the speed at which AI evolves demands flexible, scalable architectures that have the ability to keep pace as technology advances.


OriginAI
 provides a single, secure, end-to-end solution for data center AI that includes architectural design, hardware and software services, hosting, and deployment. Featuring  Penguin Computing ActiveData™ with the Weka file system (WekaFS™), OriginAI frees organizations from having to focus valuable time and human resources on creating an architecture from scratch. OriginAI meets the demanding requirements of AI and analytics models, and delivers tremendous cost savings, decreases risk, offers flexibility and scalability, increases performance, and reduces time-to-insight.

“The faster organizations reach time-to-insight in their AI initiatives, the faster they bring new products and ideas to market,” said Kevin Tubbs, Ph.D., and senior vice president, Strategic Solutions Group at Penguin Computing. “The OriginAI comprehensive solution for AI empowers organizations to speed time-to-insight and translate those insights to competitive marketplace advantage.” 

“Weka and Penguin Computing’s capabilities deliver massive bandwidth for ingest and training, ultra-low latency for improved inference, and enterprise features to manage data workflows,” said Ken Grohe, president and CRO at WekaIO. “As the only shared storage solution that provides high bandwidth I/O to the GPUs and end-to-end data management for data-intensive AI workloads, WekaFS enables companies to quickly scale performance across the platform.”

With the launch of Penguin Computing’s four dedicated technology practices, OriginAI is an integral part of the AI and Analytics Practice. The AI and Analytics Practice removes the guesswork in deploying effective AI training and inference platforms from the core to the edge. The practice focuses on reducing time-to-insight and discovery by removing complexities involved in designing, deploying, operating and supporting AI and Analytics infrastructure.

Penguin Computing OriginAI will be available in mid-fiscal Q1 2021. For more information, please contact: [email protected]

Read more about Penguin Computing’s AI and Analytics Practice and the OriginAI Solutions Brief.

Follow Penguin Computing on Twitter @PenguinHPC and use our official hashtags #HPCeverywhere and #AIeverywhere to stay connected.

About Penguin Computing

For 20 years, the Penguin Computing team of artificial intelligence (AI), engineering, and computer science experts has reimagined how startups, Fortune 500, government, and academic organizations solve complex technology challenges and achieve their organizational goals. Penguin Computing is focused on open platforms, including Open Compute Project (OCP) systems. We specialize in innovative high-performance computing (HPC), cloud, AI, and storage technologies coupled with leading-edge design, implementation, hosting and managed services including sys-admin and storage-as-a-service, all with highly rated customer support. More information at www.penguincomputing.com.

About Weka

WekaIO (Weka) offers WekaFS, the modern parallel file system that is used by seven of the Fortune 50 enterprise organizations to uniquely solve the newest, biggest problems holding back innovation and discovery. Purpose-built to unlock the full capabilities of today’s accelerated and agile data center, WekaFS is optimized for NVMe-flash and the hybrid cloud. Its modern architecture handles the most demanding storage challenges in the most data-intensive technical computing environments, delivering truly epic performance at any scale, enabling organizations to maximize the full value of their high-powered accelerators—GPUs and FPGAs. Weka helps industry leaders solve big IT infrastructure problems and extract more value from their data faster. For more information, go to https://www.weka.io/parallel-file-system.

OriginAI™ and ActiveData™ are trademarks owned by Penguin Computing, Inc.

All brands and trade names are trademarks or registered trademarks, and are the properties of their respective owners. 

Penguin Computing Media Contact

Karbo Communications
[email protected]

 

 



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Dynatrace Announces PurePath 4 with OpenTelemetry and Support for the Latest Cloud-Native Architectures

Dynatrace Announces PurePath 4 with OpenTelemetry and Support for the Latest Cloud-Native Architectures

Patented distributed tracing technology now automatically supports OpenTelemetry and W3C Trace Context with increased coverage for serverless and service mesh architectures

WALTHAM, Mass.–(BUSINESS WIRE)–
Software intelligence company Dynatrace (NYSE: DT) announced today the 4th generation of its distributed tracing and code-level analysis technology, PurePath®. PurePath 4 captures and analyzes end-to-end transactions across multicloud environments, and at near-zero overhead. Dynatrace has extended this technology to automatically support OpenTelemetry and W3C Trace Context as well as the latest cloud-native architectures, including service mesh and serverless computing for Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201117005378/en/

(Graphic: Business Wire)

(Graphic: Business Wire)

These enhancements increase the breadth of data and the scope of the cloud ecosystem encompassed in PurePath distributed traces, providing DevOps, CloudOps, and cloud application teams deep, automatic, and intelligent observability at scale for the most advanced cloud environments. In addition, PurePath 4 uniquely supports hybrid-cloud environments, spanning from mobile apps through to public clouds, backend databases, mainframes, and business applications. By leveraging PurePath to automatically gather all transaction traces at scale, analyze them in real-time, and assemble them for end-to-end understanding, Dynatrace customers can optimize applications proactively, innovate faster, and scale smoothly.

“One of the reasons we chose Dynatrace for observability of our cloud platforms was its best-in-class distributed tracing technology,” said Robert Trueman, Head of Software Engineering at CDL. “Enhancing PurePath to automatically collect OpenTelemetry data and extending it to the latest cloud-native architectures allows us to connect our most advanced cloud technologies with the rest of our cloud platform, ensuring we maintain precise, end-to-end observability and understanding across our ever-advancing cloud environment. This precision across such a wide breadth helps us to manage our application performance efficiently, improve cross-team collaboration with the business, and optimize user experience proactively.”

Dynatrace has unified PurePath 4 with its auto-discovery and continuous instrumentation technology, OneAgent®, and its continuous topology mapping technology, Smartscape®. The combination enables the Dynatrace AI-engine, Davis™, to deliver precise answers with code-level detail, now for the most advanced cloud environments. Digital teams quickly gain value and speed through automatically reducing bottlenecks across increasingly dynamic and complex environments, dramatically decreasing alert noise and wasted time chasing false positives. Having a single source of truth across network, infrastructure, application, and user experience layers allows for easier collaboration and makes digital teams more efficient and effective.

“We pioneered distributed tracing with the introduction of PurePath in 2006, and we’ve advanced this technology with each shift in application development and cloud computing, now to the latest cloud-native apps and architectures,” said Steve Tack, SVP of Product Management at Dynatrace. “And as a key contributor to OpenTelemetry and founding member and co-chair of the W3C Distributed Tracing Working Group, we are big supporters of the open standards movement around the traceability of modern environments. These open standards extend the reach of our observability, and as the only observability platform that automatically integrates high-fidelity, best-in-class distributed tracing with log monitoring and advanced AIOps capabilities, we see a great opportunity to bring extended value to our many multicloud customers.”

These extensions to Dynatrace® PurePath® will be available to all Dynatrace customers within the next 90 days. For additional information, please visit the Dynatrace blog.

About Dynatrace

Dynatrace provides software intelligence to simplify cloud complexity and accelerate digital transformation. With automatic and intelligent observability at scale, our all-in-one platform delivers precise answers about the performance of applications, the underlying infrastructure and the experience of all users to enable organizations to innovate faster, collaborate more efficiently, and deliver more value with dramatically less effort. That’s why many of the world’s largest enterprises trust Dynatrace® to modernize and automate cloud operations, release better software faster, and deliver unrivaled digital experiences.

Curious to see how you can simplify your cloud? Let us show you. Visit our trial page for a free 15-day Dynatrace trial.

To learn more about how Dynatrace can help your business, visit https://www.dynatrace.com, visit our blog, and follow us on Twitter @dynatrace.

Hailey Melamut

March Communications

[email protected]

+1 617.960.9856

Tristan Webb

Spark Communications

[email protected]

+44 207.436.0420

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Data Management Technology Other Technology Mobile/Wireless Software Networks Internet

MEDIA:

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NCR to Present at Stephens Investment Conference

NCR to Present at Stephens Investment Conference

ATLANTA–(BUSINESS WIRE)–
NCR Corporation (NYSE: NCR), a global enterprise technology provider for the banking, retail and hospitality industries, today announced that Chief Operating Officer Owen Sullivan will present to investors at the Stephens 2020 Investment Virtual Conference on Nov. 19, 2020 at 11 a.m. Eastern Time.

A live webcast and replay of the session will be available in the Investor Relations section of NCR.com (investor.ncr.com) for 90 days following the sessions.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leading software- and services-led enterprise provider in the financial, retail and hospitality industries. NCR is headquartered in Atlanta, Ga., with 36,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: www.ncr.com

Twitter: @NCRCorporation

Facebook: www.facebook.com/ncrcorp

LinkedIn: www.linkedin.com/company/ncr-corporation

YouTube: www.youtube.com/user/ncrcorporation

Investor Contact

Michael Nelson

NCR Corporation

678-808-6995

[email protected]

Media Contact

Scott Sykes

NCR Corporation

212-589-8428

[email protected]

KEYWORDS: Georgia United States North America

INDUSTRY KEYWORDS: Technology Software

MEDIA:

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Bolder Industries and Continental Carbon Partner to Commercialize Breakthrough Sustainable Products for Rubber & Plastics Industry

Bolder Industries and Continental Carbon Partner to Commercialize Breakthrough Sustainable Products for Rubber & Plastics Industry

Partnership establishes a leadership position in the rubber & plastic sustainability markets

First-ever sustainable carbon black blends are commercially available

Customized blends ready to place into rubber & plastics products with measurable environmental benefits

BOULDER, Colo. & HOUSTON–(BUSINESS WIRE)–
Bolder Industries (“Bolder”), a pioneer in converting end-of-life tires into sustainable industrial products, and Continental Carbon Company (“CCC”), a leader in the development and manufacture of furnace-grade carbon blacks for the tire and rubber industry, announced today that they have entered into a co-marketing agreement to commercialize breakthrough, sustainable products for the global rubber and plastics industry.

Following five years of research and development with BolderBlack®, Bolder’s flagship carbon black alternative, and over 300 product validations in rubber and plastics applications. Bolder and CCC have agreed to jointly supply the rubber and plastics industry with the first-ever commercially available sustainable blend of CCC’s carbon black grades with BolderBlack Inside​ virgin grades, including N550, N650, N660, N762, and N774. BolderBlack is produced from 100% post-consumer or post-industrial tires and rubber scrap and is the world’s most sustainable replacement for traditional carbon black, a key material used globally in rubber tire production.

The partnership establishes a leadership position for Bolder and CCC in the rubber and plastic sustainability markets. Customers can now purchase sustainable, pre-blended fillers customized at various ratios directly from Continental Carbon Company with measurable environmental sustainability benefits.

Bolder Industries released a study that demonstrates a BolderBlack​ Inside​ blend of N762 at 20% does not have any physical properties variation beyond the accepted measurement tolerance. A 3% blend of the 27Blb global market would result in a reduction of 3 million tons of greenhouse gas emissions, 9 billion gallons of water saved, 1 billion kWh less electricity used, and 120 million tires diverted from landfills. These studies can be found in the technical library in Bolder’s website: www.bolderindustries.com.

“We have always believed in partnering with the traditional carbon black manufacturers to support the end customer. We can now provide a unique solution to tire companies, industrial rubber goods, and plastics manufacturers ​at a large scale,” said Tony Wibbeler, founder and CEO of Bolder Industries. “We recently announced that Bolder Industries plans to merge with a publicly-traded company, GigCapital2. This merger will provide the capital required to address the global market created by this partnership with CCC.”

“We have been impressed by the quality, consistency, and manufacturing prowess of Bolder Industries and strongly believe this is an​ important step toward a more profitable and sustainable future for the rubber and plastics industry. This strategic partnership allows us to offer soft-grade blends into a marketplace that desperately needs to provide a closed-loop solution,” said CCC President Dennis Hetu.

Bolder and CCC also announced their collective project to create an ASTM-grade sustainable black at Bolder’s Bledsoe Innovation Center to impact rubber and plastics sustainability further and invite collaborators to join in this global opportunity.

On October 27, 2020, GigCapital2, Inc. (NYSE: GIX), a publicly traded special purpose acquisition company, and Bolder announced that they have entered into a non-binding letter of intent (“LOI”) for a business combination. The business combination would result in Bolder becoming a publicly traded company on the New York Stock Exchange.

About Bolder Industries

Bolder Industries makes the world’s most sustainable plastic and rubber products possible. The company is a pioneer in converting end-of-life tires into a desirable carbon black alternative (BolderBlack®), petrochemicals, steel and power with minimal waste. Its mission is to solve a growing tire-waste problem and increasing demand for sustainably sourced materials simultaneously while reducing greenhouse gas emissions, water consumption, and the use of electricity and creating manufacturing jobs. The passion for the mission has created a series of technological developments and patents focused on the waste tire problem and its custom compounding lab to help customers accelerate time to market. www.bolderindustries.com.

About Continental Carbon Company

Continental Carbon Company is a recognized leader in the development and manufacture of furnace-grade carbon blacks for the tire and rubber industry. Headquartered in Houston, Texas, Continental Carbon Company owns and operates production facilities in Alabama, Oklahoma, and Texas and a distribution center in Ohio. Continental Carbon Company’s research and development laboratory in Houston, Texas provides complete solutions from product development, pilot production, to full-scale manufacture of carbons suited to the individual customer’s needs. Continental Carbon Company has carbon black manufacturing facilities located in key areas across the United States, Taiwan, China, and India. Continental Carbon stands ready to deliver quality carbon black products for all of your global needs.

Bolder Industries

Media:

Cory Ziskind

[email protected]

Investors:

Ashish Gupta

[email protected]

KEYWORDS: Texas Colorado United States North America

INDUSTRY KEYWORDS: Chemicals/Plastics Environment Manufacturing Alternative Energy Energy Steel

MEDIA:

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Steel Partners Holdings Declares Regular Quarterly Distribution On its Series A Preferred Units

Steel Partners Holdings Declares Regular Quarterly Distribution On its Series A Preferred Units

NEW YORK–(BUSINESS WIRE)–
Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable December 15, 2020, to unitholders of record as of December 1, 2020, on its 6% Series A Preferred Units, no par value (“Series A Preferred”).

Any future determination to declare distributions on its units of Series A Preferred, and any determination to pay such distributions in cash or in kind, or a combination thereof, will remain at the discretion of Steel Partners’ board of directors and will be dependent upon a number of factors, including the company’s results of operations, cash flows, financial position, and capital requirements, among others.

About Steel Partners Holdings L.P.

Steel Partners Holdings L.P. (www.steelpartners.com) is a diversified global holding company that owns and operates businesses and has significant interests in various companies, including diversified industrial products, energy, defense, supply chain management and logistics, direct marketing, banking, and youth sports.

Jennifer Golembeske

212-520-2300

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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New SVP Marketing, Jaime Prieto, Joins Ontrak from WPP

New SVP Marketing, Jaime Prieto, Joins Ontrak from WPP

WPP works with 348 clients of the Fortune Global 500, all 30 of the Dow Jones 30, and 70 of the Nasdaq 100.

SANTA MONICA, Calif.–(BUSINESS WIRE)–
Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled, virtualized healthcare company, today announced the appointment of Jaime Prieto as its SVP Marketing. In this new role, Mr. Prieto will lead Ontrak Corporate and Product Marketing, reporting to Curt Medeiros, Ontrak President and COO.

Mr. Prieto brings more than 25 years of WPP brand leadership experience to Ontrak. A data-driven business growth leader, he has deep experience in positioning technology, B2B, and healthcare brands for sustained growth. After the trailblazing merger of IMS Health and Quintiles, Mr. Prieto and his team partnered with IQVIA, a world leader in using data, technology, advanced analytics and contract research services, to promote “IQVIA,” their new corporate healthcare brand. Mr. Prieto also launched the brand platform that repositioned Royal Phillips from a manufacturer of household appliances into a technology-driven healthcare business selling to large hospital groups and municipalities.

Mr. Medeiros stated: “We are delighted to welcome such an accomplished marketing leader to Ontrak and look forward to building our brand awareness and traction nationwide, now that we have signed multiple national accounts. Jaime’s deep experience in digital marketing, public relations, social channels and building iconic brands will be immensely valuable as we pursue our growth initiatives.”

Mr. Prieto added, “I’m thrilled to be joining Ontrak at such an exciting time in the company and brand’s growth. I’m inspired not just by the company mission to save and improve the lives of as many members as possible, but also by the company’s dynamic group of leaders who bring so much experience and commitment to that goal. Ontrak has a world-class story to tell and our goal is to make Ontrak solutions as valuable as possible to all of our audiences.”

About Ontrak, Inc.

Ontrak, Inc. (f/k/a Catasys, Inc.) is a leading AI and telehealth enabled, virtualized healthcare company, whose mission is to help improve the health and save the lives of as many people as possible. The company’s PRE™ (Predict-Recommend-Engage) platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages people who are not getting the care they need. By combining predictive analytics with human engagement, Ontrak delivers improved member health and validated outcomes and savings to healthcare payers.

The company’s integrated, technology-enabled Ontrak™ programs, a critical component of the PRE platform, are designed to provide healthcare solutions to members with behavioral conditions that cause or exacerbate chronic medical conditions such as diabetes, hypertension, coronary artery disease, COPD, and congestive heart failure, which result in high medical costs.

Ontrak has a unique ability to engage these members, who do not otherwise seek behavioral healthcare, leveraging proprietary enrollment capabilities built on deep insights into the drivers of care avoidance.

Ontrak integrates evidence-based psychosocial and medical interventions delivered either in-person or via telehealth, along with care coaching and in-market Community Care Coordinators who address the social and environmental determinants of health, including loneliness. The company’s programs improve member health and deliver validated cost savings to healthcare payers of more than 50 percent for enrolled members. Ontrak solutions are available to members of leading national and regional health plans in 30 states and in Washington, D.C.

Learn more at www.ontrak-inc.com

Cautionary Note Regarding Forward-Looking Statements

Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond our control, which may cause actual results to differ materially from stated expectations. These risk factors include, among others, our dependence on key personnel, the loss of which could impact our ability to manage our business and our dependence on our ability to recruit, retain and develop a large and diverse workforce; changes in regulations or issuance of new regulations or interpretations; limited operating history; our inability to execute our business plan; increase our revenue and achieve profitability; lower than anticipated eligible members under our contracts; our inability to recognize revenue; lack of outcomes and statistically significant formal research studies; difficulty enrolling new members and maintaining existing members in our programs; the risk that treatment programs might not be effective; difficulty in developing, exploiting and protecting proprietary technologies; intense competition and substantial regulation in the health care industry; the risks associated with the adequacy of our existing cash resources and our ability to continue as a going concern; our ability to raise additional capital when needed and our liquidity. Forward looking statements many include statements such as statements regardingbuilding our brand awareness and traction nationwide and our goal to make Ontrak solutions as valuable as possible to all of our audiences. You are urged to consider statements that include the words “may,” “will,” “would,” “could,” “should,” “believes,” “estimates,” “projects,” “potential,” “expects,” “plan,” “anticipates,” “intends,” “continues,” “forecast,” “designed,” “goal,” or the negative of those words or other comparable words to be uncertain and forward-looking. For a further list and description of the risks and uncertainties we face, please refer to our most recent Securities and Exchange Commission filings which are available on its website at http://www.sec.gov. Such forward-looking statements are current only as of the date they are made, and we assume no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Investors:

Caroline Paul

Gilmartin Group

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Software Technology General Health Health

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Transcat, Inc. Increases Shelf Registration to $75 million

Transcat, Inc. Increases Shelf Registration to $75 million

ROCHESTER, N.Y.–(BUSINESS WIRE)–Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has filed a new shelf registration statement on Form S-3 with the United States Securities and Exchange Commission (“SEC”) to replace its previous shelf registration statement, which expires on December 17, 2020. The registration statement was filed on November 17, 2020 and will become effective upon successful review by the SEC.

Lee Rudow, President and Chief Executive Officer, said, “We are successfully executing on our strategy for growth and believe that having the financial flexibility to efficiently access the capital markets when needed is an important element of that strategy. In fact, we increased the size of the registration by $25 million to reflect the growth we have achieved since our original filing in 2017.”

The new shelf registration statement provides Transcat the flexibility from time to time in one or more offerings to issue various types of securities including common stock, debt securities, warrants to purchase other securities, purchase contracts and units, or any combination thereof, up to a limit of $75 million in equity securities. The Company has no immediate plans to offer or sell any securities under this shelf registration statement to the public.

The shelf registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Any offering of the securities covered under the shelf registration statement will be made solely by means of a prospectus and an accompanying prospectus supplement relating to that offering. A copy of the prospectus included in the registration statement may be obtained on the SEC’s website at www.sec.gov.

After the shelf registration statement becomes effective, Transcat may offer and sell securities covered by the registration statement through one or more methods of distribution, subject to market conditions and Transcat’s capital desires or needs. The terms of any offering under the shelf registration statement will be established at the time of such offering and will be described in a prospectus supplement filed with the SEC prior to completion of the offering.

ABOUT TRANSCAT

Transcat, Inc. is a leading provider of accredited calibration, repair, inspection and laboratory instrument services. The Company is focused on providing best-in-class services and products to highly regulated industries, particularly the Life Science industry, which includes pharmaceutical, biotechnology, medical device and other FDA-regulated businesses; as well as aerospace and defense, and energy and utilities. Transcat provides periodic on-site services, mobile calibration services, pickup and delivery, in-house services at its 22 Calibration Service Centers strategically located across the United States, Puerto Rico and Canada, and services at 20 imbedded customer-site locations. The breadth and depth of measurement parameters addressed by Transcat’s ISO/IEC 17025 scopes of accreditation are believed to be the best in the industry.

Transcat also operates as a leading value-added distributor that markets, sells and rents new and used national and proprietary brand instruments to customers primarily in North America. The Company believes its combined Service and Distribution segment offerings, experience, technical expertise and integrity create a unique and compelling value proposition for its customers.

Transcat’s strategy is to leverage the complementary nature of its two operating segments, its comprehensive service capabilities, strong brand, enhanced e-commerce capabilities and leading distribution platform to drive organic sales growth. The Company will also look to expand its addressable calibration market through acquisitions and capability investments to further realize the inherent leverage of its business model.

More information about Transcat can be found at: Transcat.com.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact and thus are subject to risks, uncertainties and assumptions. Forward-looking statements are identified by words such as “expects,” “estimates,” “projects,” “anticipates,” “believes,” “could,” “plans,” “aims” and other similar words. All statements addressing operating performance, events or developments that Transcat, Inc. expects or anticipates will occur in the future, including but not limited to statements relating to anticipated revenue, profit margins, the Company’s response to the coronavirus (COVID-19) pandemic, the commercialization of software projects, sales operations, capital expenditures, cash flows, operating income, growth strategy, segment growth, potential acquisitions, integration of acquired businesses, market position, customer preferences, outlook and changes in market conditions in the industries in which Transcat operates are forward-looking statements. Forward-looking statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include those more fully described in Transcat’s Annual Report and Quarterly Reports filed with the Securities and Exchange Commission, including under the heading entitled “Risk Factors.” Should one or more of these risks or uncertainties materialize, or should any of the Company’s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company’s forward-looking statements, which speak only as of the date they are made. Except as required by law, the Company disclaims any obligation to update, correct or publicly announce any revisions to any of the forward-looking statements contained in this news release, whether as the result of new information, future events or otherwise.

Deborah K. Pawlowski

Investor Relations

716-843-3908

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: General Health Health Other Technology Technology Software

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