Market Newsdesk

Denver, Nov. 16, 2020 (GLOBE NEWSWIRE) — AMP Robotics Corp. (“AMP”), a pioneer in artificial intelligence (AI) and robotics used to recover recyclables reclaimed as raw materials for the global supply chain, has signed a long-term agreement with Waste Connections, Inc. (“Waste Connections”, NYSE: WCN) to deploy 24 AI-guided robotics systems. The deal is AMP’s largest to date; Waste Connections plans to deploy the systems on container, fiber, and residue lines across numerous materials recovery facilities.      

“We’re excited to partner with AMP to expand the deployment of state-of-the-art technology in our materials recovery facilities, furthering our sustainability initiatives and increasing returns,” said Worthing F. Jackman, president and CEO of Waste Connections. “Waste Connections is committed to expanding resource recovery capacity, and we believe AMP’s robotics systems align with our goals to enhance safety, increase productivity, and improve recovered resource quality.”  

AMP’s technology recovers plastics, cardboard, paper, cans, cartons, and many other containers and packaging types reclaimed for raw material processing. For example, its AI platform precisely identifies different types of plastics, including polyethylene terephthalate (PET or PETE), high-density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), and polystyrene (PS), sorted further by color, clarity, and opacity, along with different form factors—lids, tubs, clamshells, cups, and more. AMP’s technology can quickly adapt to container packaging introduced into the recycling stream with recognition capabilities to the brand level—increasingly critical as demand for sufficient quantities of high-quality recycled material grows to meet consumer packaged goods companies’ commitment to use of post-consumer recycled content. 

“We’re thrilled to be supporting Waste Connections’ commitment to expanding resource recovery as we extend our efforts to modernize recycling operations and advance a more circular economy,” said Matanya Horowitz, founder and CEO of AMP Robotics. “To see such a robust expansion of our pipeline and mark this milestone in a year upended by COVID-19 is a testament to our industry-leading technology—and working with a visionary company like Waste Connections helps enable and strengthen an essential public service.”

Since the onset of COVID-19, demand for AMP’s AI and robotics technology has accelerated. Businesses turned to automation to keep employees safe amid social distancing requirements, navigate ongoing labor shortages to remain operational, and adapt to spikes in residential volume and material types caused by abrupt shifts in consumer buying patterns. AMP saw a significant increase in orders and interest in deploying its technology on a larger scale to address these challenges—a trend that’s continued through the year. 

AMP’s deployments span North America, Asia, and Europe, with its recent installation at a facility in Spain. Within the United States, AMP’s footprint covers more than 20 states, including California, Colorado, Florida, Minnesota, Michigan, New York, Texas, Virginia, and Wisconsin, in addition to those with forthcoming Waste Connections installations and other projects in development. AMP’s first North American deployment of its application for construction and demolition debris is planned for later this year. This latest milestone for AMP follows the achievement of one billion picks for its fleet of AI-guided robots over a 12-month period earlier this year. In 2020, the company received recognition including Fortune’s “Impact 20,” Forbes’ “AI 50,” and Fast Company’s “World’s Most Innovative Companies.” 

About AMP Robotics™ Corp.

AMP Robotics is modernizing the world’s recycling infrastructure by applying AI and robotics to increase recycling rates and economically recover recyclables reclaimed as raw materials for the global supply chain. The AMP Cortex™ high-speed robotics system automates the identification and sorting of recyclables from mixed material streams. The AMP Neuron™ AI platform continuously trains itself by recognizing different colors, textures, shapes, sizes, patterns, and even brand labels to identify materials and their recyclability. Neuron then guides robots to pick and place the material to be recycled. Designed to run 24/7, all of this happens at superhuman speed with extremely high accuracy. With deployments across North America, Asia, and Europe, AMP’s technology recovers recyclables from municipal waste, precious commodities from electronic waste, and high-value materials from construction and demolition debris. AMP is made in America with headquarters and manufacturing operations in Colorado.

About Waste Connections 

Waste Connections is an integrated solid waste services company that provides non-hazardous waste collection and transfer and disposal services, along with recycling and resource recovery, in mostly exclusive and secondary markets across 42 states in the U.S. and six provinces in Canada. The company serves more than seven million residential, commercial, and industrial customers. Waste Connections also provides non-hazardous oilfield waste treatment and recovery and disposal services in several basins across the U.S., as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.

Attachments

• WCI logo
• Screen Shot 2020-11-16 at 10.06.58 AM

Chris Wirth
AMP Robotics
9049621017
[email protected]

CHICAGO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Virtas Partners announces the launch of a new solution set for M&A transitions, Virtas Compass, supported by a new partnership with Midaxo, for clients across industry sectors. Virtas Partners is a boutique consulting firm helping clients successfully navigate key transitions, including acquisitions, divestitures, carve-outs, accounting investigations and restatements, restructurings, and capital placements. Midaxo is an international firm providing complete software solutions for M&A and corporate development.

Virtas Partners has leveraged the Midaxo platform to develop its Compass solution set and is now deploying Compass with a number of clients executing major acquisition integration and restructuring programs. A cloud-based integration management tool, Compass centralizes all work — project plans, documents, communications and issues management. Compass enables Virtas consultants to work collaboratively and securely with client teams across the globe. These capabilities will be invaluable to clients in the “new normal” remote working environment and with extreme limitations on travel.

“In 2020, we have experienced amazing growth and continue to invest in our talent and capabilities,” said Neal McNamara, Virtas Partners co-founder and Managing Partner. “As we have been awarded more and more complicated mandates including carve-outs, transformational acquisitions, multi-acquisition programs/roll-ups and operational restructurings, we recognized that a partnership with Midaxo was critical to serving our clients and to our continued growth. We are extremely excited to now be implementing Virtas’ Compass solution on the Midaxo platform.”

McNamara continued, “Being the first boutique consulting firm to bring this solution to the market in North America is a great achievement for us. The response from our clients has further validated the value of Compass. It is well aligned to our brand and capabilities executing complex transactions for Fortune 500, Private Equity and privately held businesses alike.”  

“We are excited to expand our partner network with Virtas Partners,” said Johnathan Millett, Midaxo’s Director of Partnerships. “Virtas is one of our first select boutique partners in North America. We are thrilled to see continued success of our shared clients on the Midaxo platform with the specialized expertise only a firm like Virtas can provide.”

Virtas Partners: Trusted. Proven. Our team aligned for your success. www.virtaspartners.com

Midaxo: Manage Risk. Work Efficiently. Create Value. www.midaxo.com

Contact:        Jon Harmon        [email protected]        (630) 815-6586

ATHENS, Greece, Nov. 16, 2020 (GLOBE NEWSWIRE) — TEN Ltd. (“TEN” or the “Company”) (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the third quarter and nine months ended on September 30, 2020, prior to the open of the market in New York on Monday, November 23, 2020.

That same morning, at 10:00 a.m. Eastern Time, TEN will host a conference call to review the results as well as management’s outlook for the business. The call, which will be hosted by TEN’s senior management, may contain information beyond that which is included in the earnings press release.

Conference Call details:

Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1877 553 9962 (US Toll Free Dial In), 0808 238 0669 (UK Toll Free Dial In) or +44 (0)2071 928592 (Standard International Dial In). Please quote “Tsakos” to the operator.

A telephonic replay of the conference call will be available until Monday, November 30, 2020 by dialing 1866 331 1332 (US Toll Free Dial In), 0808 238 0667 (UK Toll Free Dial In) or +44 (0)3333 00 9785 (Standard International Dial In). Access Code: 90295809#

Simultaneous Slides and Audio Webcast:

There will also be a simultaneous live, and then archived, slides webcast of the conference call, available through TEN’s website (www.tenn.gr). The slides webcast will also provide details related to fleet composition and deployment and other related company information. This presentation will be available on the Company’s corporate website reception page at www.tenn.gr. Participants for the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

ABOUT TEN

TEN, founded in 1993 and celebrating this year 27 years as a public company, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 68 double-hull vessels, including one LNG carrier and one suezmax DP2 shuttle tanker under construction, constituting a mix of crude tankers, product tankers and LNG carriers, totalling 7.6 million dwt.

For further information, please contact:

Company

Tsakos Energy Navigation Ltd.
George Saroglou
COO
+30210 94 07 710
[email protected] 

Investor Relations / Media

Capital Link, Inc.
Nicolas Bornozis
Markella Kara
+212 661 7566
[email protected] 

NEW YORK, NY, Nov. 16, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating, diversified life sciences company, with a proprietary line of functional “supplement” chewing gums (Flavors: Pomegranate, Blood Orange, Peach-Lemon, Pear Bellini, Mint, Black Currant) as well as two ongoing Biotechnology initiatives, today announced that it has received its 4,000^th online E-Commerce Order through its dedicated E-commerce website (www.taurigum.com).  The Company continues to realize positive trends with respect to its highest margin E-Commerce business segment, such as: growing numbers of repeat customers, increase in average $ amount per transaction, numerous testimonials, 5-Star product ratings, and continued robust sales of its Rainbow Pack.  

In other news, the Company is working diligently towards the completion of several important business initiatives.  The Company will notify shareholders, in a timely manner, should any agreements be consummated.  

ABOUT TAURIGA SCIENCES INC.

Tauriga Sciences, Inc. (TAUG) is a revenue generating, diversified life sciences company, engaged in several major business activities and initiatives.  The company manufactures and distributes several proprietary retail products and product lines, mainly focused on the Cannabidiol (“CBD”) and Cannabigerol (“CBG”) Edibles market segment.  The main product line, branded as Tauri-Gum™, consists of a proprietary supplement chewing gum that is Kosher certified, Halal certified, and Vegan Formulated (CBD Infused Tauri-Gum™ Flavors: Mint, Blood Orange, Pomegranate), (CBG Infused Tauri-Gum™ Flavors: Peach-Lemon, Black Currant) & (Vitamin C + Zinc “Immune Booster” Tauri-Gum™ Flavor: Pear Bellini).  The Company’s commercialization strategy consists of a broad array of retail customers, distributors, and a fast-growing E-Commerce business segment (E-Commerce website: www.taurigum.com). Please visit our corporate website, for additional information, as well as inquiries, at http://www.tauriga.com

Complementary to the Company’s retail business, are its two ongoing biotechnology initiatives.  The first one relates to the development of a Pharmaceutical grade version of Tauri-Gum™, for nausea regulation (specifically designed to help patients that are subjected to ongoing chemotherapy treatment). On March 18, 2020, the Company announced that it filed a provisional U.S. patent application covering its pharmaceutical grade version of Tauri-Gum™.  The Patent, filed with the U.S.P.T.O. is Titled “MEDICATED CBD COMPOSITIONS, METHODS OF MANUFACTURING, AND METHODS OF TREATMENT”. The second one relates to a collaboration agreement with Aegea Biotechnologies Inc. for the co-development of a rapid, multiplexed, Novel Coronavirus (COVID-19) test with superior sensitivity and selectivity.   

On October 6, 2020, the Company announced that it has been approved to operate as a U.S. Government Vendor (CAGE CODE # 8QXV4)

On October 7, 2020 the Company disclosed a Strategic Alliance with Think BIG, LLC, Social Impact Startup Founded by CJ Wallace, Son of Christopher “The Notorious B.I.G.” Wallace.

The Company is headquartered in New York City and operates a regional office in Barcelona, Spain.  In addition, the Company operates a full time E-Commerce fulfillment center located in LaGrangeville, New York.

DISCLAIMER — Forward-Looking Statements

This press release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 which represent management’s beliefs and assumptions concerning future events. These forward-looking statements are often indicated by using words such as “may,” “will,” “expects,” “anticipates,” believes, “hopes,” “believes,” or plans, and may include statements regarding corporate objectives as well as the attainment of certain corporate goals and milestones. Forward-looking statements are based on present circumstances and on management’s present beliefs with respect to events that have not occurred, that may not occur, or that may occur with different consequences or timing than those now assumed or anticipated. Actual results may differ materially from those expressed in  forward looking statements due to known and unknown risks and uncertainties, such as are not guarantees of general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to consummate successful acquisition and licensing transactions, fluctuations in exchange rates, and other factors over which Tauriga has little or no control. Many of these risks and uncertainties are discussed in greater detail in the “Risk Factors” section of Tauriga’s Form 10-K and other filings made from time to time with the Securities and Exchange Commission. Such forward-looking statements are made only as of the date of this release, and Tauriga assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. You should not place undue reliance on these forward-looking statements.

Contact:

Tauriga Sciences, Inc.

555 Madison Avenue, 5th Floor

New York, NY  10022

Chief Executive Officer

Mr. Seth M. Shaw

Email: [email protected]

cell # (917) 796 9926

Instagram: @taurigum

Twitter: @SethMShaw

Corp. Website:  www.tauriga.com

E-Commerce Website:  www.taurigum.com