Market Newsdesk

SAINT-HUBERT, QC, Dec. 16, 2020 /PRNewswire/ – Urbanimmersive Inc. (“Urbanimmersive” or the “Company“) (TSXV: UI) (OTCQB: UBMRF) is pleased to announce that its common shares (“Shares“) will commence cross-trading today on the OTCQB Market in New York, U.S. under the ticker symbol “UBMRF“. The Company was previously trading on the OTC Pink under the same ticker.

The OTCQB is a US inter-dealer quotation system and trading platform operated by the OTC Markets Group. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must also meet a minimum bid price test and other financial conditions. The OTCQB is recognized by the U.S. Securities and Exchange Commission, and operates as an established public market for venture stage companies and provides current public information to investors for them to analyze, value, and trade securities.

Simon Bedard, CFO of Urbanimmersive, said: “We are excited to have successfully completed our submission on the OTCQB Venture Market which is a significant and timely milestone for us considering our recent business development, especially with the scale up of our new immersive solutions into the U.S. market. Our objectives for this cross-trading quotation include, among other things, to improve transparency, awareness and visibility for shareholders, broaden our U.S. investor base by increasing exposure to U.S. retail and institutional investors, provide access to a deeper pool of capital, improve our U.S. tradability, all in the service of higher volume and liquidity, maximization of information distribution and ultimately an increase in shareholder value.”

“I would like to thank Nikolaos Galanopoulos of Galanopoulos & Company, our corporate securities law firm sponsor, for assisting Urbanimmersive with this OTCQB submission.”

Joe Coveney, VP of International Corporate Services at OTC Markets, said: “We are happy to welcome Urbanimmersive to the OTCQB Market.  With its primary listing remaining on the TSX Venture Exchange in Canada, cross-trading on the OTCQB Market will allow the Company to broaden its global footprint and provide investors in the U.S. with the ability to access the Company’s shares in U.S. dollars, during U.S. market hours. 

The OTCQB Market supports international companies seeking to strengthen visibility and transparency within the U.S. public markets. Trading on the TSXV and on the OTCQB Market will enable Urbanimmersive to efficiently build global investor awareness and provide U.S. investors with a seamless trading experience, enabling investors to more easily trade through the broker of their choice. We congratulate Urbanimmersive on joining our OTCQB Market.”

TSX Venture Exchange has not reviewed this press release and has neither approved nor disapproved the contents of this press release.

About Urbanimmersive

Urbanimmersive is a SaaS business management solution that provides mission-critical solutions to visual content providers serving the real estate residential, commercial, construction, and local business markets. Urbanimmersive’ platform helps customers to increase operational productivity and delivering the full potential of visual content creations through leading-edge website builder tools, AI-backed image indexing, robust file transfer systems, and interactive visual technology solutions. The firm’s core technology is a 3D emulator powered by a visual content recognition post-production algorithm that delivers online and offline alternatives to traditional 3D engines for the creation of immersive digital environments. Learn more at www.urbanimmersive.com.

About OTC Markets Group

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, the Group connects a diverse network of broker-dealers that provide liquidity and execution services, enabling investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how OTC Markets create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

Caution of Forward-Looking Statements:

Certain statements in this news release, other than statements of historical fact, are forward-looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from the information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management estimates or opinions change.

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SOURCE Urbanimmersive Inc.

BOSTON, Dec. 16, 2020 /PRNewswire/ — Motional, a global leader in driverless technology, and Lyft (Nasdaq: LYFT) today announce plans to launch a multimarket robotaxi service in major US cities, beginning in 2023.  Motional’s next generation, fully-driverless vehicles will be integrated, operationalized, and deployed on the Lyft network.

This agreement marks the largest robotaxi deployment partnership for a major ridesharing network.  It follows an ongoing and successful three-year partnership, in which Motional and Lyft operate the world’s longest-standing commercial robotaxi service in Las Vegas. 

Motional and Lyft Pave the Path to Market for Robotaxis

Following years of successful experience operating a self-driving fleet, the partners are joining forces to create a clear, scalable path to market for robotaxis.  The agreement is a quantum leap for the partnership: the new vehicles will be fully driverless, the fleet size will grow significantly, and the service will have the potential to scale widely.

Motional will deliver state-of-the-art, next-generation robotaxis, based on a Hyundai vehicle platform, integrated with sensors, computers, and software to enable fully-driverless operation and remote vehicle assistance.  Lyft will power the rideshare network and customer experience.  The two companies will collaborate closely to ensure seamless integration of the new vehicles onto the Lyft platform, and share responsibility for fleet operations.  The services will begin rolling out in 2023, with foundations laid for further expansion across the Lyft network.  Launch markets will be announced at a later date.

“This agreement is a testament to our global leadership in driverless technology. We’re at the frontier of transportation innovation, moving robotaxis from research to road,” commented Karl Iagnemma, President and CEO, Motional.  “Our aim is to not only build safe, reliable, and accessible driverless vehicles, but to deliver them at significant scale.  We’re partnering with Lyft to do exactly that.”

“We’re thrilled to have reached this milestone laying the groundwork for Motional’s driverless vehicles deploying on the Lyft network,” said Raj Kapoor, Lyft CSO and head of business, self-driving.  “This first-of-its-kind agreement is a testament to our collaborative approach for scaling self-driving vehicles in cities.”

The Partnership’s Unparalleled Experience

Motional and Lyft’s partnership began as a self-driving pilot in Las Vegas, one of the world’s first.  The partners have operated a public, revenue-generating robotaxi fleet for nearly three years, gaining unparalleled experience in integrating autonomous cars and ridesharing networks, operating a commercial robotaxi service at scale, and building consumer trust in self-driving cars. 

The service has now delivered well over 100,000 rides, with 98% of passengers awarding their rides a five-star rating. The program’s success has provided ample validation of consumer demand for self-driving ridesharing services, Motional’s driverless capabilities, and Lyft’s user experience.

The agreement follows Motional’s recently announced plans to go fully-driverless on public roads.  It also marks the next phase in Motional and Lyft’s partnership — an industry-shaping undertaking that will significantly increase the availability of robotaxis for the general public.  The companies are one step closer to making driverless vehicles a safe, reliable, and accessible reality. 

Visit www.Motional.com and https://self-driving.lyft.com/ for more information. 

About Motional

Motional is a driverless technology company making self-driving vehicles a safe, reliable, and accessible reality.

The Motional team was behind some of the industry’s largest leaps forward, including the first fully-autonomous cross-country drive in the U.S, the launch of the world’s first robotaxi pilot, and operation of the world’s most-established public robotaxi fleet.

Motional is a joint venture between Hyundai Motor Group, one of the world’s largest vehicle manufacturers offering smart mobility solutions, and Aptiv, a global technology leader in advanced safety, electrification, and vehicle connectivity.

Headquartered in Boston, Motional has operations in the U.S and Asia. For more information, visit www.Motional.com and follow us on Twitter, LinkedIn, Facebook, Instagram, and YouTube. 

About Lyft

Lyft was founded in 2012 by Logan Green and John Zimmer to improve people’s lives with the world’s best transportation, and is available to 95 percent of the United States population as well as select cities in Canada. As the world shifts away from car ownership, Lyft is at the forefront of this massive societal change. Lyft is committed to effecting positive change for our cities and making cities more livable for everyone through initiatives that bridge transportation gaps, and by promoting transportation equity through shared rides, bikeshare systems, electric scooters, and public transit partnerships. We are singularly driven by our mission: to improve people’s lives with the world’s best transportation.

Media Contact:
Sara Krypel
[email protected]

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SOURCE Motional

JACKSONVILLE, Fla., Dec. 16, 2020 /PRNewswire/ — Black Knight, Inc. (NYSE:BKI) recently announced the availability of Mandatory Analytics, a dynamic and interactive data dashboard developed by Black Knight, allows investors to analyze and benchmark mandatory commitments on the secondary mortgage market. Black Knight Mandatory Analytics enables buyers to draw clarity on the competitiveness of their executions, identify and isolate gaps in their strategy, and take action to better optimize organizational efforts—all from within a single, unified portal.

“Today’s secondary mortgage market is one marked by intense volatility and fierce competition,” explained Scott Happ, president, Black Knight Secondary Marketing Technologies. “One of the best tools that mandatory investors have at their disposal is access to precise, accurate and timely data. Mandatory Analytics provides our investor clients with transparency, allowing them to identify where execution efforts are succeeding, where they are losing to the market, and why. Ultimately, Mandatory Analytics delivers the kind of actionable intelligence needed to make informed execution strategy shifts that result in greater returns.”

Investors can observe ongoing market trends at the monthly, weekly or daily level, and a nightly refresh of the data provides a timely look at scenarios. Rich loan-level reporting enables users to easily upload this data into their own infrastructure for additional, more granular and custom reporting.

About Black Knight
Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively.

Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serve their customers. For more information on Black Knight, please visit www.blackknightinc.com.

 

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SOURCE Black Knight, Inc.

SAN LUIS OBISPO, Calif., Dec. 16, 2020 /PRNewswire/ — Green Cures & Botanical Distribution, Inc. (OTC: GRCU) (“The Company” or “Green Cures”) a manufacturer, wholesaler and distributor of hemp and CBD-infused nutritional, sports, body care and alcoholic spirits products released a letter from CEO Rich Thomas with updates on major initiatives for stakeholders.

Update Highlights: 

• Clearly California, acquired in 2020 by GRCU, has perfected its brand trademark, produced and tested new inventory, selected its first product for retail sale, and completed its first sale at Burners Dispensary in Merced, CA. The brand is now applying for federal trademark registration and recruiting more distribution partners.
• Hollywood Green Botanicals Vodka (Hollywood Green”) recently completed an extensive brand overhaul and received its first production batch ready for distribution. Hollywood Green also overcame its final regulatory hurdles for retail sales and is in negotiations with several national brick and mortar stores for immediate distribution. 
• GRCU’s new retail store location “1122” in San Luis Obispo, CA has completed major facility improvements and begun branding and staging for a grand opening. This location will give us complete control of our CBD product manufacturing and enhance profit margins by eliminating the need for third-party manufacturers.”Our new products are designed with care and precision to motivate meaningful experiences that can help our customers grow. Now more than ever the world needs green-products and cures as we rebuild and reorganize society after 2020. The brands we’re acquiring and developing are going to be critical to the future of the CBD and Cannabis markets,” said Thomas. 

LETTER TO STAKEHOLDERS

To our Stakeholders;

I want to begin by thanking you for your continued support. Green Cures has undergone a noteworthy transition in leadership and strategic direction in 2020 all while our economy and public health experienced their largest crises in a century. Our clients, staff, and shareholders have stuck with us through every challenge thrown our way and we guarantee that support will pay off.

Green Cures is in a uniquely strong position as we close out the year with multiple major initiatives reaching maturity and a plethora of new products scheduled to launch. The following are a list of updates on our progress:

• Clearly California, acquired in 2020 by GRCU, has perfected its brand trademark, produced and tested new inventory, selected its first product for retail sale, and completed its first sale at Burners Dispensary in Merced, CA. The brand is now applying for federal trademark registration and recruiting more distribution partners.
• Hollywood Green Botanicals Vodka (Hollywood Green”) recently completed an extensive brand overhaul and received its first production batch ready for distribution. Hollywood Green also overcame its final regulatory hurdles for retail sales and is in negotiations with several national brick and mortar stores for immediate distribution. 
• GRCU’s new retail store location “1122” in San Luis Obispo, CA has completed major facility improvements and begun branding and staging for a grand opening. This location will give us complete control of our CBD product manufacturing and enhance profit margins by eliminating the need for third-party manufacturers.
• GRCU’s new Vice President of Product Development, Holley Edwards, has completed the research and development stage of our new hand-crafted lotion and hand sanitizer product lines. Scaled production has begun on multiple products and will be featured prominently on our website and 1122’s grand opening in the coming months.
• By Q3 2021, Green Cures will announce multiple new product releases including both alcohol and non-alcoholic beverages.

Our new products are designed with care and precision to motivate meaningful experiences that can help our customers grow. Now more than ever the world needs green-products and cures as we rebuild and reorganize society after 2020. The brands we’re acquiring and developing are going to be critical to the future of the CBD and Cannabis markets.

I look forward to bringing you more updates soon and thank you again for your support of GRCU.

Rich Thomas, CEO Green Cures & Botanical Distributions

Contact Details:
[email protected]
Rich Thomas
+1 844-420-4728

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SOURCE Green Cures & Botanical Distribution Inc.

SAN JOSE, Calif., Dec. 16, 2020 /PRNewswire/ — QuickLogic Corporation (NASDAQ: QUIK) (“QuickLogic” or the “Company”), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that, effective December 11, 2020, it entered into a second amendment (the “Second Amendment”) to its amended and restated credit facility, dated as of December 21, 2018 (as amended, the “Credit Agreement”) to extend the maturity date and decrease the interest rate.

The Second Amendment extends the maturity date from September 28, 2021 to September 28, 2022. The previous interest rate was the greater of (i) 0.50% above the Prime Rate or (ii) 5.50%. The Second Amendment reduces the interest to be equal to 0.50% above the Prime Rate.

“We are pleased to extend our credit facility at a reduced rate and appreciate the continued support of Heritage Bank of Commerce to allow us to focus on operating the business. The maturity extension and interest rate improvement are expected to provide both an immediate benefit while supporting our long-term growth objectives as we focus on achieving profitability before the end of 2021,” said Chief Financial Officer Sue Cheung.

Additional details on the terms of the amendment are available in the 8-K filed with the Securities and Exchange Commission on December 16, 2020.

About QuickLogic

QuickLogic is a fabless semiconductor company that develops low power, multi-core semiconductor platforms and Intellectual Property (IP) for Artificial Intelligence (AI), voice and sensor processing. The solutions include an embedded FPGA IP (eFPGA) for hardware acceleration and pre-processing, and heterogeneous multi-core SoCs that integrate eFPGA with other processors and peripherals. The Analytics Toolkit from the Company’s wholly-owned subsidiary, SensiML Corporation, completes the end-to-end solution with accurate sensor algorithms using AI technology. The full range of platforms, software tools and eFPGA IP enables the practical and efficient adoption of AI, voice and sensor processing across the multitude of mobile, wearable, hearable, consumer, industrial, edge and endpoint IoT applications. For more information, visit www.quicklogic.comand https://www.quicklogic.com/blog/.

QuickLogic uses its website (www.quicklogic.com), the company blog
(https://www.quicklogic.com/blog/), corporate Twitter account (@QuickLogic_Corp), Facebook page (https://www.facebook.com/QuickLogic), and LinkedIn page (https://www.linkedin.com/company/13512/) as channels of distribution of information about its products, its planned financial and other announcements, its attendance at upcoming investor and industry conferences, and other matters. Such information may be deemed material information, and QuickLogic may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor the Company’s website and its social media accounts in addition to following the Company’s press releases, SEC filings, public conference calls, and webcasts.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, expectations regarding our future business, and actual results may differ due to a variety of factors including: delays in the market acceptance of the Company’s new products; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers’ products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing and short time-to-market of our new products; intense competition by competitors; our ability to hire and retain qualified personnel; our ability to capitalize on synergies with our newly acquired subsidiary SensiML Corporation; changes in product demand or supply; general economic conditions; political events, international trade disputes, natural disasters and other business interruptions that could disrupt supply or delivery of, or demand for, the Company’s products; the unpredictable and ongoing impact of the COVID-19 pandemic; and changes in tax rates and exposure to additional tax liabilities. These and other potential factors and uncertainties that could cause actual results to differ materially from the results contemplated or implied are described in more detail in the Company’s public reports filed with the Securities and Exchange Commission (the “SEC”), including the risks discussed in the “Risk Factors” section in the Company’s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and in the Company’s prior press releases, which are available on the Company’s Investor Relations website at http://ir.quicklogic.com/, and on the SEC website at www.sec.gov. In addition, please note that the date of this press release is December 16, 2020, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events.

QuickLogic and the QuickLogic logo are registered trademarks of QuickLogic Corporation. All other brands or trademarks are the property of their respective holders and should be treated as such.

CODE: QUIK-E

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SOURCE QuickLogic Corporation

XTM joins consortium lead, Liquid Avatar and other
 
leaders in technology, healthcare and patient data, venue and location management, university and college campus life and travel and leisure to help people start getting back to their everyday lives

TORONTO, Dec. 16, 2020 /PRNewswire/ – XTM, Inc. (“XTM” or the “Company”) (CSE:PAID) (FSE:7XT), a Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world today announced it has joined Verifiable Identity Healthcare Credential consortium to support the issuance, management and verification of COVID-19 digital diagnostic testing and vaccination verification for the hospitality, personal care and other business sectors that it services. XTM joins consortium lead, Liquid Avatar (www.liquidavatar.com), and KABN Systems NA Holdings Corp.  (CSE:KABN), a Canadian fintech company that specializes in continuous online identity verification, together with partners Trust over IP Foundation, Lumedic, Loop Insights (TSXV:MTRX), The Campus Agency and TripXpertz.

XTM enables North American industry leaders in the hospitality, personal care and sports and entertainment sectors to power cashless payments to employees, including 7 of the 10 largest restaurant chains; 5 of the largest pizza delivery chains including Dominos and Boston Pizza; the largest personal care salon chain; and the largest Canadian sports and entertainment group.

“We’re excited to join this prestigious consortium in bringing this expertise to our customers and their employees in the hospitality, personal care, food services and entertainment sector,” said Marilyn Schaffer, CEO of XTM.  “Our goal is to support our industry partners through innovation.  Our free, cash-replacement solution like the Verifiable Identity Healthcare Credential initiative, is our way of ensuring that our customers can effectively, efficiently and safely get back to doing business.”

The consortium has developed an integrated solution ecosystem that enables healthcare issuers, individuals and verifiers to have a digital COVID-19 verifiable identity healthcare credential that is secure, user managed and controlled to ensure privacy, transportability and ease of use. This solution supports the foundation for the acceptance of digital Healthcare Passports and allow qualified Health Professionals with the ability to issue a Verifiable Credential that enables venues and other facilities to verify both the issued credential and the known user in real-time to grant access and / or services. 

“We’re excited to have XTM join the consortium and together work to help business and their patrons start getting back to their normal lives and frequenting restaurants, salons, arenas and other entertainment and hospitality facilities, with the use of safe, private, secure and easy to use digital credentials” said David Lucatch, CEO KABN.

The ecosystem is built on a Trust over IP (TOIP) open standards framework, and the World Wide Web Consortium’s (W3C) specifications for decentralized identifiers for credential management with the ability to issue, manage and verify interoperable COVID-19 vaccination and other verifiable credentials across a host of user managed and controlled digital wallets and applications.

The COVID-19 Verifiable Healthcare Credential combines healthcare data with the user’s biometrically verified identity credential.  When a request is made by a Verifier, the User has a choice of which attributes are shared, creating a private verification transaction between themselves and a verifier. While much of the technology and services are already in place, the launch of the healthcare credential pilot is expected to take place in the first quarter of 2021 to coincide with the expected release of the COVID-19 widespread vaccination program. This solution will not only be able to verify identity credentials for the Covid-19 vaccines, diagnostic and antibody testing, but will also be able to support a wide range of immunizations and healthcare records.  

Healthcare issuers and individuals will be granted access to the system at no cost.  Verifiers wishing to access the system will be charged a nominal subscription and micro-payment per verification, making it very cost efficient and effective to use the system for small and medium sized enterprises all the way up to major airlines, venues and facilities.  The partners are committed to making the services affordable to all parties, so that everyone can get back to their everyday lives.

About XTM Inc.  –

www.xtminc.com

XTM, www.xtminc.com is a Toronto-based fintech innovator in the challenger banking space helping business and workers alike expedite earnings payout and reduce or eliminate banking fees.   We are a global card issuer and payment specialist providing free technology to business to automate and expedite worker payouts that can eliminate cash.  XTM integrates businesses to a payment ecosystem that is coupled with a free mobile app and Mastercard debit card with free banking features. XTM drives enterprise value and creates a positive user experience.  

XTM Inc. is publicly listed on the Canadian Securities Exchange (CSE) under the symbol “PAID” (CSE:PAID).

This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws (the “forward-looking statements”), within the meaning of applicable Canadian securities legislation, including expected performance of XTM, the expectation that the Vert credit business will launch in the expected timeline, the program will be successful, XTM can obtain the necessary credit facilities, users will continue to use the program or that any business will actually private label the program. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur.

The CSE has not approved nor disapproved the contents of this press release, and the CSE does not accept responsibility for the adequacy or accuracy of this release.

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SOURCE XTM Inc.

MOUNTAIN VIEW, Calif., Dec. 16, 2020 /PRNewswire/ — Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Mizuho Markets Americas LLC to repurchase an aggregate of $250 million of Synopsys stock.

Under the terms of the ASR, Synopsys will receive an aggregate initial share delivery of approximately 824K shares, with the remainder, if any, to be settled on or before April 9, 2021, upon completion of the repurchases. The specific number of shares that Synopsys ultimately repurchases under the ASR will be based on the average of Synopsys’ daily volume-weighted average share prices during the repurchase period, less a discount.

About Synopsys

Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As the world’s 15th largest software company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and is also growing its leadership in software security and quality solutions. Whether you’re a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing applications that require the highest security and quality, Synopsys has the solutions needed to deliver innovative, high-quality, secure products. Learn more at www.synopsys.com.     

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the expected settlement of the ASR. Forward-looking statements are subject to both known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. These risks and uncertainties include, among others: the market price of Synopsys common stock during the repurchase period; the ability of Mizuho Markets Americas LLC to buy or borrow shares of Synopsys common stock; and the impact of global and regional economic and market conditions, including illiquidity and other risks of instability in the banking and financial services industry. Other risks and uncertainties that may apply are set forth in the Risk Factors section of Synopsys’ most recently filed Annual Report on Form 10-K. Synopsys assumes no obligation to update any forward-looking statement contained in this press release.

INVESTOR CONTACT:

Lisa L. Ewbank

Synopsys, Inc.
650-584-1901
[email protected] 

EDITORIAL CONTACT:

Simone Souza

Synopsys, Inc.
650-584-6454
[email protected]

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SOURCE Synopsys, Inc.