Fortive to Present at the Wolfe Research Virtual Industrials Conference

Fortive to Present at the Wolfe Research Virtual Industrials Conference

EVERETT, Wash.–(BUSINESS WIRE)–
Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that President and Chief Executive Officer, Jim Lico, and Senior Vice President and Chief Financial Officer, Chuck McLaughlin, will be presenting at the Wolfe Research Virtual Industrials Conference on Monday, November 16, 2020 at 10:15 a.m. ET. The audio will be simultaneously webcast and will be archived on www.fortive.com.

ABOUT FORTIVE

Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-markets. The company holds leading positions in intelligent operating solutions, precision technologies, and advanced healthcare solutions. Fortive is headquartered in Everett, Washington and employs a team of more than 17,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com.

Griffin Whitney

Vice President, Investor Relations

Fortive Corporation

6920 Seaway Boulevard

Everett, WA 98203

Telephone: (425) 446-5000

KEYWORDS: Washington United States North America

INDUSTRY KEYWORDS: Hardware Other Health Health Technology Software

MEDIA:

Logo
Logo

Crown Castle to Present at November Investor Conferences

HOUSTON, Nov. 12, 2020 (GLOBE NEWSWIRE) — Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that Jay Brown, Crown Castle’s President and Chief Executive Officer, will present at one investor conference in November and Dan Schlanger, Crown Castle’s Executive Vice President and Chief Financial Officer, will present at two investor conferences in November. The presentations will be broadcast over the Internet, and the live audio webcast links will be available on Crown Castle’s website at www.crowncastle.com, where they will also be archived for replay.

Mr. Schlanger is scheduled to present on Tuesday, November 17, 2020 at 10:20 a.m. Eastern Time at the New Street 2020 Conference: 5G. Infrastructure. Applications. Innovation. Disruption. The presentation is expected to last approximately 30 minutes.

Mr. Brown is scheduled to present on Wednesday, November 18, 2020 at 8:45 a.m. Eastern Time at the NAREIT REITworld: 2020 Annual Conference. The presentation is expected to last approximately 30 minutes.

Mr. Schlanger is scheduled to present on Wednesday, November 18, 2020 at 1:15 p.m. Eastern Time at the Morgan Stanley Virtual European Technology, Media & Telecom Conference. The presentation is expected to last approximately 40 minutes.

ABOUT CROWN CASTLE

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit www.crowncastle.com.

CONTACTS
Dan Schlanger, CFO
Ben Lowe, VP & Treasurer
Crown Castle International Corp.
713-570-3050

Recruiter.com Reports Third Quarter 2020 Results

Net Income increased to $1.44M, or $0.28 per share

HOUSTON, Nov. 12, 2020 (GLOBE NEWSWIRE) — Recruiter.com Group, Inc. (OTCQB: RCRT), a leading hiring platform with the world’s largest network of job recruiters, today announced results of operations for the third quarter ended September 30, 2020.

“We continue to see the rapidly growing demand for our solutions from companies big and small,” stated Evan Sohn, Chairman, and CEO. “From expanding our talented team to growing relationships with both new and established customers, our third quarter was filled with major accomplishments that have placed us in a great position for rapid growth moving into 2021.”

Key Highlights:

  • Surpassed 27,000 recruiters on our Job Market platform as of September 30, 2020;
  • Launched our artificial intelligence (AI) powered candidate sourcing technology to create what we believe is the first platform in the world to offer recruiters access to both jobs and AI-matched candidates;
  • Expanded the Company’s Board with an independent director, Deborah Leff, Global Leader and Industry CTO for Data Science and Artificial Intelligence (“AI”) at IBM.
  • Received multiple major media appearances for the Recruiter Index®, Recruiter.com’s survey of recruiter sentiment on the job market, hiring, and recruiting demand. Most notably, Evan Sohn appeared on CNBC on November 5, 2020, to discuss the conditions of the job market in the US;
  • Signed $13 million in revenue potential with numerous new clients in the mortgage and digital lending industry;
  • Signed key agreement with a Fortune 50 company, numerous healthcare companies, and experienced strong growth in Recruiters on Demand;
  • Formed a strategic partnership with Beeline, a global leader in software solutions for managing the extended workforce, to market a unique, diversity-focused network of recruiters to Beeline customers.
  • Formed a partnership with DVBE Connect, an award-winning, disabled veteran-owned recruiting and staffing company, to build a curated on-demand team of veteran recruiters;
  • Delivered innovative recruiting solutions for the healthcare industry by partnering with hospitals and leading healthcare recruiting companies to work to fill many registered nursing positions;

“We are at the epicenter of the Great Rehire,” continued Sohn. “Our disruptive business model, matched with our technological prowess, has made recruiting faster, cheaper, and easier than ever before. We are on track to realize our vision of becoming one of the leading on-demand professional recruiting solutions, well-positioned to provide an essential service to both Fortune 500 companies and small and medium-sized businesses, as the great re-hiring continues.”

“With a network of more than 27,000 recruiters, AI-matching technology, on-demand recruiting, video screening technology, and more, Recruiter.com is uniquely positioned to help accelerate the recruiting and hiring process during the reopening of America, and I couldn’t be more excited to help drive that positive mission forward,” concluded Sohn.

Third Quarter 2020 Financial Results

  • Revenue ending nine months was $6.16 million, representing a 50.9% increase year-over-year. Revenue for the quarter was $1.99 million. This increase resulted from a rise in hiring in our Permanent Placement business line, particularly in connection with the mortgage industry, as well as an increase in our Recruiters on Demand business;
  • Net income in the third quarter of 2020 was $1.44 million, or $0.28 per share, and included $4.21 million in non-cash income, primarily a result of the change in the fair value of a derivative liability;
  • Adjusted EBITDA was $(0.71) million, compared to $(0.54) million in the third quarter of 2019.
  • Please refer to our 11-12-20 10-Q filing at www.sec.gov for complete financial statements, footnotes and results of operations including management’s discussion and analysis of financial condition and results of operations.

“We believe we have built a strong foundation for long-term growth,” said Judy Krandel, Chief Financial Officer of Recruiter.com. “We believe our strategic investments in people and technology are primed to generate significant returns in the quarters ahead as businesses continue to move forward with reopening plans. With a dominant marketing position and increasing demand, we are well-positioned to capitalize on a wealth of opportunities.”

Recruiter.com Group, Inc.

Recruiter.com is a hiring platform for the world’s largest network of small and independent recruiters. We empower businesses to recruit specialized talent faster with virtual teams of recruiters and AI job-matching technology. Visit https://www.recruiter.com.

For investor information, visit https://www.recruiter.com/investors.html.

Please follow social media channels for additional updates:

Company Contact:

Recruiter.com Group, Inc.
Phone: (855) 931-1500

C
autionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but are not limited to demand for our services, revenue potential, and the economic re-opening. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Mettler-Toledo International Inc. Announces Webcast of Presentation at the Wolfe Research Virtual Healthcare Conference

Columbus, OH, Nov. 12, 2020 (GLOBE NEWSWIRE) — Mettler-Toledo International Inc. (NYSE:MTD) today announced the webcast of its presentation at the Wolfe Research Virtual Healthcare Conference on Wednesday, November 18, 2020, at 3:10 p.m. Eastern Time.  To hear a live webcast of the presentation, visit the investor relations page on the Company’s Web site at www.mt.com/investors.  A replay of the webcast will be available for seven days.

METTLER TOLEDO (NYSE: MTD) is a leading global supplier of precision instruments and services. We have strong leadership positions in all of our businesses and believe we hold global number-one market positions in most of them. We are recognized as an innovation leader and our solutions are critical in key R&D, quality control, and manufacturing processes for customers in a wide range of industries including life sciences, food, and chemicals. Our sales and service network is one of the most extensive in the industry. Our products are sold in more than 140 countries and we have a direct presence in approximately 40 countries. With proven growth strategies and a focus on execution, we have achieved a long-term track record of strong financial performance. For more information, please visit www.mt.com.    
   

Mary T. Finnegan
Investor Relations
+1-614-438-4748

Vaxcyte Reports Third Quarter 2020 Financial Results and Provides Business Update

FOSTER CITY, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) — Vaxcyte, Inc., formerly known as SutroVax, a next-generation vaccine company seeking to improve global health by developing superior and novel vaccines designed to prevent or treat some of the most common and deadly infectious diseases worldwide, today announced financial results for the third quarter ended September 30, 2020 and provided a business update.

“Vaxcyte continues to make steady progress in executing on our business objectives,” said Grant Pickering, Chief Executive Officer and Co-founder of Vaxcyte. “We advanced several important manufacturing activities for VAX-24, our 24-valent investigational pneumococcal conjugate vaccine, or PCV, designed to prevent invasive pneumococcal disease, as we proceed toward our anticipated IND filing in the second half of next year. In addition, we continued to progress our pipeline vaccines, including VAX-XP, our PCV candidate with an expanded breadth of coverage of at least 30 strains, as part of our PCV franchise life cycle management strategy. We also were pleased to further strengthen our leadership team, as we approach the clinic, with the additions of Rom Colindres as Chief Medical Officer and Sue Fekete as Vice President, Regulatory Affairs.”

Recent
Highlights


  • Advanced


    VAX-24 Manufacturing


    Activities


    :
    Vaxcyte progressed several manufacturing initiatives for VAX-24, including for the good manufacturing practices (GMP) batches of the 24 polysaccharide antigens and the GMP batches of the 24 conjugate drug substances.


  • Appointed Romulo Colindres, MD, MPH as Chief Medical Officer


    :
    In November 2020, Vaxcyte appointed Romulo Colindres, MD, MPH as Chief Medical Officer. Prior to joining Vaxcyte, Dr. Colindres served in several roles at GlaxoSmithKline Vaccines and most recently served as an independent consultant and advisor to multiple biotechnology companies. From March 2007 to March 2019, Dr. Colindres served in roles of increasing responsibility at GlaxoSmithKline, including Head of Health Outcomes for GSK Vaccines Latin America, Head of Global Epidemiology for GSK Vaccines and, most recently, Vice President, Global Medical Affairs Lead, Zoster Vaccine, leading the medical team in the successful launch of Shingrix®, a recombinant adjuvanted herpes zoster vaccine. Prior to that, Dr. Colindres worked at the Centers for Disease Control and Prevention (CDC) as an Epidemic Intelligence Service Officer. He completed his residency at Children’s National Medical Center in Washington, DC and was board certified in Pediatrics. Dr. Colindres received both his MD and MPH at The University of North Carolina, Chapel Hill, and his MBA from Duke University’s Fuqua School of Business.

  • Appointed Suzanna Fekete, MSc as Vice President, Regulatory Affairs


    :
    In October 2020, Vaxcyte appointed Suzanna Fekete, MSc as Vice President, Regulatory Affairs. Prior to joining Vaxcyte, Ms. Fekete served in roles of increasing responsibility at Takeda Vaccines since 2015, most recently as Vice President and Head, Global Regulatory Affairs. Ms. Fekete also served as Head, North American Regulatory Affairs at Novartis Vaccines and Diagnostics and held regulatory affairs leadership roles at multiple other pharmaceutical and biotechnology companies. Ms. Fekete received her MSc at the University of Wales.

Anticipated Milestones

Vaxcyte reaffirmed its previously issued guidance for its pipeline programs.


  • VAX-24:
    Vaxcyte expects to submit an Investigational New Drug (IND) application for VAX-24 to the U.S. Food and Drug Administration (FDA) and initiate its Phase 1/2 clinical proof-of-concept study in the second half of 2021. Vaxcyte expects to announce topline data from this study in 2022.


  • VAX-A1:
    In 2021, Vaxcyte expects to nominate a final vaccine candidate for VAX-A1, its novel conjugate vaccine designed to provide universal protection from infections caused by Group A Strep bacteria, which include pharyngitis, toxic shock syndrome and necrotizing fasciitis.


  • VAX-PG


    :
    In 2021, Vaxcyte expects to nominate a final vaccine candidate for VAX-PG, its novel therapeutic vaccine designed to treat periodontal disease.

Third
Quarter 2020 Financial Results


  • Cash Position:
    Cash and cash equivalents were $397.0 million as of September 30, 2020, compared to $59.0 million as of December 31, 2019, an increase due to Vaxcyte’s IPO in June 2020 and Series D financing in March 2020, which generated net proceeds of $264.0 million and $109.9 million, respectively.


  • Research & Development (R&D) Expenses:
    R&D expenses were $16.4 million for the three months ended September 30, 2020 as compared to $9.6 million for the same period in 2019. The increase was due primarily to an increase in manufacturing expenses and outsourced research services related to the Company’s VAX-24 program.


  • General


    & A


    dministrative


    (G&A)


    Expenses:
    G&A expenses were $4.9 million for the three months ended September 30, 2020 as compared to $2.5 million for the same period in 2019. The increase was due primarily to an increase in personnel-related and directors and officers insurance expenses.


  • Net Loss


    :
    For the three months ended September 30, 2020, net loss was $21.0 million, compared to $11.3 million for the three months ended September 30, 2019.

About Vaxcyte

Vaxcyte is a next-generation vaccine company seeking to improve global health by developing superior and novel vaccines designed to prevent or treat some of the most common and deadly infectious diseases worldwide. The Company’s cell-free protein synthesis platform, comprising the XpressCF™ platform, exclusively licensed from Sutro Biopharma, Inc., together with Vaxcyte’s proprietary know-how, enables the design and production of protein carriers and antigens, the critical building blocks of vaccines, in ways that the Company believes conventional vaccine technologies currently cannot. Vaxcyte’s lead vaccine candidate, VAX-24, is a preclinical, 24-valent broad-spectrum pneumococcal conjugate vaccine (PCV) being developed for the prevention of invasive pneumococcal disease (IPD). Vaxcyte’s pipeline also includes VAX-XP, a PCV with an expanded breadth of coverage of at least 30 strains, including newly emerging strains responsible for IPD and antibiotic resistance; VAX-A1, a prophylactic vaccine candidate designed to prevent Group A Strep infections; and VAX-PG, a therapeutic vaccine candidate designed to slow or stop the progression of periodontal disease by targeting the keystone pathogen responsible for this chronic, oral inflammatory disease. For more information, visit www.vaxcyte.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements related to the process and timing of anticipated future development of Vaxcyte’s vaccine candidates, including the submission of an IND and initiation of a Phase 1/2 study of VAX-24 in the second half of 2021 and the announcement of topline data in 2022; the nomination of a final vaccine candidate for VAX-A1 in 2021 and the nomination of a final vaccine candidate for VAX-PG in 2021. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are based on Vaxcyte’s current expectations and actual results and timing of events could differ materially from those anticipated in such forward-looking statements as a result of risks and uncertainties, including, without limitation, risks related to Vaxcyte’s product development programs, including development timelines, success and timing of chemistry, manufacturing and controls and related manufacturing activities, potential delays or inability to obtain and maintain required regulatory approvals for its vaccine candidates, and the risks and uncertainties inherent with preclinical and clinical development processes; the success, cost and timing of all development activities and clinical trials; and sufficiency of cash and other funding to support Vaxcyte’s development programs and other operating expenses. These and other risks are described more fully in Vaxcyte’s filings with the Securities and Exchange Commission (SEC), including its Quarterly Report on Form 10-Q filed with the SEC on November 12, 2020 or in other documents Vaxcyte subsequently files with or furnishes to the SEC. Vaxcyte undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations. Readers should not rely upon the information in this press release as current or accurate after its publication date.

Investor Contact:

Andrew Guggenhime, Chief Financial Officer & Chief Business Officer
Vaxcyte, Inc.
650-837-0111
[email protected]

                 
Vaxcyte, Inc.  
Condensed Statements of Operations  
(in thousands, except share and per share amounts)  
(unaudited)  
                 
  Three Months Ended   Nine Months Ended  
  September 30,   September 30,  
    2020       2019       2020       2019    
Operating expenses:                
Research and development (1) $ 16,410     $ 9,630     $ 58,903     $ 32,225    
General and administrative (1)   4,898       2,510       11,225       6,089    
Total operating expenses   21,308       12,140       70,128       38,314    
                 
Loss from operations   (21,308 )     (12,140 )     (70,128 )     (38,314 )  
Other income (expense), net                
Interest expense         (9 )     (7 )     (33 )  
Interest income   33       120       212       537    
Grant income   787       54       2,152       54    
Foreign currency transaction losses   (530 )     (186 )     (709 )     (417 )  
Change in fair value of the redeemable convertible preferred stock tranche liability         844             2,520    
                 
Total other income (expense), net   290       823       1,648       2,661    
                 
Net loss and comprehensive loss $ (21,018 )   $ (11,317 )   $ (68,480 )   $ (35,653 )  
                 
Net loss per share, basic and diluted $ (0.41 )   $ (2.93 )   $ (3.06 )   $ (9.54 )  
                 
Weighted-average shares outstanding, basic and diluted   50,895,358       3,857,298       22,354,212       3,737,779    
                 
                 
           
(1) Amounts include stock-based compensation expense as follows:          
                 
Research and development $ 558     $ 88     $ 1,081     $ 262    
General and administrative   1,280       178       2,418       548    
Total stock-based compensation expense $ 1,838     $ 266     $ 3,499     $ 810    
                 
                 
                 
Vaxcyte, Inc.  
Summary Consolidated Balance Sheet Data  
(in thousands)  
(unaudited)  
                 
      September 30,   December 31,


         
        2020       2019        
Cash and cash equivalents     $ 397,048     $ 58,976        
Total assets       403,816       65,698        
Redeemable convertible preferred stock             160,310        
Total stockholders’ equity (deficit)       364,075       (106,373 )      

Harpoon Therapeutics Presents Encouraging Preclinical Data for HPN601 EpCAM ProTriTAC™ Program at 35th SITC Annual Meeting

SOUTH SAN FRANCISCO, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) — Harpoon Therapeutics, Inc. (NASDAQ: HARP), a clinical-stage immunotherapy company developing novel T cell engagers, today presented preclinical data on HPN601 for the treatment of solid tumors at the 35th Society for Immunotherapy of Cancer (SITC) virtual annual meeting. HPN601 is the first conditionally active T cell engager program from Harpoon. It targets the tumor antigen epithelial cell adhesion molecule (EpCAM) and is based on Harpoon’s proprietary ProTriTAC™ T cell engager prodrug platform designed to remain inert systemically until its activation in the tumor by tumor-associated proteases and to enable the safe targeting of broadly expressed tumor antigens.

The oral presentation today highlighted the following data:

  • The successful use of a humanized rodent tumor xenograft model to assess therapeutic index by simultaneously measuring efficacy and toxicity in the same tumor-bearing animal
  • A surrogate EpCAM ProTriTAC has a 10x improved therapeutic index compared to its corresponding constitutively active T cell engager control when measuring efficacy and toxicity in the same animal
  • Improved tolerability of HPN601 in non-human primates and more potent anti-tumor activity in a rodent tumor model over the corresponding constitutively active T cell engager control
  • Potent anti-tumor activity across multiple EpCAM-expressing tumor models, demonstrating the ability of HPN601 to be activated in multiple tumor types

“ProTriTAC represents a new and improved approach to engineer conditionally active T cell engager prodrugs that are designed to provide enhanced tumor specificity and enable an improved safety profile,” said Holger Wesche, Ph.D., chief scientific officer of Harpoon Therapeutics. “This enables T cell engagers to target tumor antigens that may otherwise be intractable due to expression on normal tissues. The data presented today for HPN601 support this therapeutic approach.”

Preclinical Results Presented for HPN601

The oral presentation at SITC, titled “HPN601 is a protease-activated EpCAM-targeting T cell engager with an improved safety profile for the treatment of solid tumors,” included the results of several preclinical investigations that support further development of this agent for the potential treatment of EpCAM-expressing solid tumors.

EpCAM is a tumor antigen that is broadly and uniformly expressed in many solid tumors; however, expression on some normal tissues has hindered its potential as a therapeutic target due to on-target, off-tumor toxicity as observed in clinical studies from past EpCAM targeted T cell engagers. Local administration of an EpCAM T cell engager was able to minimize normal tissue liability, but is not practical for the treatment of metastatic disease. The goal of developing HPN601, a conditionally active drug candidate, is to target all metastatic tumors by systemic administration and have an acceptable safety profile in line with local administration.

To assess therapeutic index, a humanized rodent tumor xenograft model was used to simultaneously measure efficacy and toxicity. A surrogate molecule of HPN601 was safely administered at a dose 10x higher than the minimal efficacious dose required for durable tumor regression. Higher doses produced clinically relevant toxicity including elevated liver transaminases and bilirubin, body weight loss, and evidence of tissue damage by histopathology. In contrast, a constitutively active EpCAM-targeting T cell engager could only be dosed safely up to its minimum efficacious dose, suggesting that the EpCAM ProTriTAC has a 10x improved therapeutic index.

The improved safely profile of HPN601 was also supported by a toxicokinetic study in non-human primates. HPN601 was better tolerated in non-human primates, with significantly attenuated cytokine production, than its constitutively active T cell engager control. Despite its better safety profile, HPN601 was also more efficacious than its constitutively active T cell engager control in a rodent tumor xenograft model. Taken together, the data indicates that HPN601, as a conditionally active T cell engager, has an expanded therapeutic index compared to a constitutively active T cell engager.

Given the breadth of EpCAM-expressing tumors, HPN601 was also assessed for its ability to be processed in different tumor types. HPN601 was tested in four different tumor xenograft models. Tumor regression was found in all four tumor models, with very good potency in three of the four models tested. This observation shows that HPN601, as a prodrug requiring proteolytic activation in the tumor, can be processed and activated in multiple tumor types.

Based on these encouraging preclinical data, as well as other preclinical and manufacturability assessments, HPN601 has been nominated as a clinical candidate and IND-enabling studies are now underway.

A copy of the presentation will be available on the company’s website at https://ir.harpoontx.com/events-and-presentations shortly after the event.

About ProTriTAC

Harpoon designed the ProTriTAC™ platform to expand the universe of addressable targets and indications for T cell engagers. IND enabling studies are underway for the first ProTriTAC™ clinical candidate, HPN601. ProTriTAC™ applies a prodrug concept to create a therapeutic T cell engager that remains inactive until it reaches the tumor. Upon entering a tumor, tumor-associated proteases cleave off the blocking domain of the ProTriTAC™, thereby enabling the engagement of T cells to subsequently kill tumor cells. This activation process also diminishes the half-life of the resulting T cell engager. If active molecules leave the tumor tissue, they are rapidly eliminated from the body, further limiting the potential side effects in normal tissues.

About
Harpoon
Therapeutics

Harpoon Therapeutics is a clinical-stage immunotherapy company developing a novel class of T cell engagers that harness the power of the body’s immune system to treat patients suffering from cancer and other diseases. T cell engagers are engineered proteins that direct a patient’s own T cells to kill target cells that express specific proteins, or antigens, carried by the target cells. Using its proprietary Tri-specific T cell Activating Construct (TriTAC®) platform, Harpoon is developing a pipeline of novel TriTACs initially focused on the treatment of solid tumors and hematologic malignancies. HPN424 targets PSMA and is in a Phase 1/2a trial for metastatic castration-resistant prostate cancer. HPN536 targets mesothelin and is in a Phase 1/2a trial for cancers expressing mesothelin, initially focused on ovarian and pancreatic cancers. HPN217 targets BCMA and is in a Phase 1/2 trial for relapsed, refractory multiple myeloma. HPN328 targets DLL3 and Harpoon plans to initiate a Phase 1/2 trial in the fourth quarter of 2020. Harpoon has also developed a proprietary ProTriTAC™ platform, which applies a prodrug concept to its TriTAC platform to create a therapeutic T cell engager that remains inactive until it reaches the tumor. For additional information about Harpoon Therapeutics, please visit www.harpoontx.com.

Cautionary Note on Forward-looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “expect,” “plan,” “anticipate,” “target,” “estimate,” “intend” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. These forward-looking statements are based on Harpoon Therapeutics’ expectations and assumptions as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties that could cause Harpoon Therapeutics’ clinical development programs, future results or performance to differ significantly from those expressed or implied by the forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, statements about the progress, timing, scope and anticipated results of clinical trials, the timing of the presentation of data, the association of data with potential treatment outcomes, the development and advancement of product candidates, the timing of development milestones for product candidates, and the anticipated potential impacts to Harpoon Therapeutics’ business from the ongoing COVID-19 pandemic. Many factors may cause differences between current expectations and actual results, including unexpected safety or efficacy data observed during clinical studies, clinical trial site activation or enrollment rates that are lower than expected, unanticipated or greater than anticipated impacts or delays due to COVID-19, changes in expected or existing competition, changes in the regulatory environment, the uncertainties and timing of the regulatory approval process, and unexpected litigation or other disputes. Other factors that may cause Harpoon Therapeutics’ actual results to differ from those expressed or implied in the forward-looking statements in this press release are discussed in Harpoon Therapeutics’ filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” sections contained therein. Except as required by law, Harpoon Therapeutics assumes no obligation to update any forward-looking statements contained herein to reflect any change in expectations, even as new information becomes available.

Contacts
:

Harpoon Therapeutics, Inc.
Georgia Erbez
Chief Financial Officer
650-443-7400
[email protected]

Westwicke ICR
Robert H. Uhl
Managing Director
858-356-5932
[email protected]

ABM Projected to Save GSA Southeast Sunbelt Region 4 an Estimated $34.3 Million

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, has initiated an additional Energy Savings Performance Contract (ESPC) for the U.S. General Services Administration (GSA). Over the 20-year period, ABM’s energy performance contract is projected to save an estimated $34.3 million generated by a projected average energy reduction of 37% for nine federal facilities in Alabama, Mississippi, and North Carolina. The project includes ventilation system upgrades to improve indoor air quality (IAQ) in all nine facilities.

“Indoor air quality is a concern for every employer and employee today, public and private,” said Mark Hawkinson, President of ABM Technical Solutions. “I’m happy we can create the savings they need to address these capital improvements to make sure these ventilation upgrades happen.”

As of this project, ABM has provided custom energy solutions to GSA totaling more than $100 million of capital invested. ABM has previously implemented a multiple-phase ESPC for GSA in Los Angeles, California, with the most recent phase described here.

ABM’s Energy Performance Contracting Program enables federal entities and others, such as schools and local governments, to invest in critical facility needs like air quality, infrastructure, and sustainability goals. The program is designed to drive costs out of a facility’s operating budget, redirecting savings to fund mission critical facility needs. This video outlines how ABM provides custom technical and financial solutions for government facilities without upfront costs or tax increases.

The project will restore a solar photovoltaic system de-energized due to unrepaired solar panel damage, saving much of the existing equipment. A new design will introduce redundancy to avoid shutdowns, including a monitoring system to help prevent and diagnose issues before they arise. HVAC renovations will significantly improve IAQ with better control of outdoor air, including more efficient use of fan energy and increased delivery of fresh air. Highlights of the project also include:

  • Optimizing chillers and boilers to improve energy efficiency
  • Retrofitting lighting with energy-saving LED lighting
  • Capital improvements to resolve issues impacting air quality and energy savings
  • Installing water conservation upgrades
  • Replacing high-efficiency transformers in electrical power distribution systems

The project includes upgrades to historic courthouses and provides new and upgraded Building Automation System (BAS) infrastructure and platforms to five of the nine locations, providing GSA centralized, real-time monitoring, analytics, and performance data. The BAS upgrades include advanced controls that enable significant reductions in the energy use of connected HVAC systems. The nine facilities are:

  • Dan M. Russell Jr. Courthouse, Gulfport, MS
  • Frank M. Johnson Jr. Federal Building & U.S. Courthouse, Montgomery, AL
  • Hiram H. Ward Federal Building & U.S. Courthouse, Winston-Salem, NC
  • L.R. Preyer Federal Building-Post-Office-Courthouse, Greensboro, NC
  • Terry Sanford Federal Building & U.S. Courthouse, Raleigh, NC
  • Thad Cochran U.S. Courthouse, Jackson, MS
  • U.S. Courthouse, Oxford, MS
  • Veach-Baley Federal Complex, Asheville, NC
  • William M. Colmer Federal Building & U.S. Courthouse, Hattiesburg, MS

For more information on ABM’s Energy Savings Performance Contracts and other offerings, visit www.abm.com.  

CONNECT WITH ABM

ABOUT ABM


ABM (NYSE: ABM)
is a leading provider of facility solutions with revenues of approximately $6.5 billion and more than 140,000 employees in 350+ offices throughout the United States and various international locations. ABM’s comprehensive capabilities include janitorial, electrical & lighting, energy solutions, facilities engineering, HVAC & mechanical, landscape & turf, mission critical solutions and parking, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes – from schools and commercial buildings to hospitals, data centers, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com.

CONTACT

Media:

Kristy Miller
(678) 268-4242
[email protected]

Investor Relations
&
Treasury:

Susie A. Kim
(212) 297-9721
[email protected]

CooperCompanies Elects Teresa S. Madden to Board of Directors

SAN RAMON, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) announced today that its Board of Directors elected Teresa S. Madden to the Board as an independent director, effective December 1, 2020.

“We are delighted to have Teresa join our Board of Directors,” said Al White, President and CEO. “Teresa brings a unique perspective that combines operational excellence and financial acumen, with long-term experience in an industry that was continually being pushed to evolve and change. We look forward to Teresa’s advice and support as Cooper continues growing its business.”

Ms. Madden is an independent director of Enbridge, Inc. (NYSE: ENB) where she serves on the governance committee and as chair of the audit, finance and risk committee. She previously served as a director of Peabody Energy Corporation (NYSE: BTU) from 2017 to 2020 where she served on the health, safety, security & environmental committee and as chair of the audit committee.

Ms. Madden served as Executive Vice President and Chief Financial Officer of Xcel Energy, Inc. (NASDAQ: XEL), an electric and natural gas utility, from 2011 until her retirement in 2016. She joined Xcel in 2003 as Vice President, Finance, Customer & Field Operations and was named Vice President and Controller in 2004. Previously, Ms. Madden served as Controller for Rogue Wave Software, Inc. from 2000 to 2003 and as Controller for New Century Energies and Public Service Company of Colorado, predecessor companies of Xcel Energy. She holds a Bachelor of Science degree in accounting from Colorado State University and Master of Business Administration degree from Regis University.

About CooperCompanies

CooperCompanies (“Cooper”) is a global medical device company publicly traded on the NYSE (NYSE:COO). Cooper operates through two business units, CooperVision and CooperSurgical. CooperVision brings a refreshing perspective on vision care with a commitment to developing a wide range of high-quality products for contact lens wearers and providing focused practitioner support. CooperSurgical is committed to advancing the health of women, babies and families with its diversified portfolio of products and services focusing on medical devices and fertility & genomics. Headquartered in San Ramon, CA, Cooper has a workforce of more than 12,000 with products sold in over 100 countries. For more information, please visit www.coopercos.com.

Contact:
Kim Duncan
Vice President, Investor Relations and Risk Management
925-460-3663
[email protected]

MONMOUTH REAL ESTATE TO PARTICIPATE IN NAREIT’S REITWORLD: 2020 VIRTUAL ANNUAL CONFERENCE

Holmdel, NJ, Nov. 12, 2020 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced that Michael P. Landy, President and Chief Executive Officer, Kevin Miller, Chief Financial Officer, and Becky Coleridge, Vice President of Investor Relations, are scheduled to participate in Nareit’s REITworld: 2020 Virtual Annual Conference.

Monmouth is scheduled to present on Tuesday, November 17, 2020, at 9:30 a.m. Eastern Time.

In order to view the presentation live or on-demand, you must register on the REITworld website.

Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. The Company specializes in single tenant, net-leased industrial properties, subject to long-term leases, primarily to investment-grade tenants. Monmouth Real Estate is a fully integrated and self-managed real estate company, whose property portfolio consists of 119 properties containing a total of approximately 23.4 million rentable square feet, geographically diversified across 31 states. Our occupancy rate as of this date is 99.4%.

Contact: Becky Coleridge

732-577-9996

EMAIL: [email protected]
www.mreic.reit

# # # # #

5:01 Acquisition Corp. Announces Partial Exercise and Closing of Over-Allotment Option in Initial Public Offering

SAN FRANCISCO, Nov. 12, 2020 (GLOBE NEWSWIRE) — 5:01 Acquisition Corp. (the “Company”) (NASDAQ: FVAM) announced today that the underwriter of its previously announced initial public offering of Class A common stock, par value $0.0001 per share, partially exercised its over-allotment option resulting in the issuance of an additional 256,273 shares at a price to the public of $10.00 per share for gross proceeds of approximately $2.6 million.

The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The Company’s shares of Class A common stock began trading on The Nasdaq Capital Market under the ticker symbol “FVAM” on October 14, 2020.

BofA Securities acted as sole book-running manager for the Company’s initial public offering. The Company granted the underwriter the option to purchase the shares described herein in connection with the Company’s initial public offering of 8,000,000 shares of its Class A common stock at a public offering price of $10.00 per share, which closed on October 16, 2020.

The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from BofA Securities, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department or by email at [email protected].

A registration statement relating to this offering was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on October 13, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and any potential business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement for the Company’s offering filed with the SEC and the preliminary prospectus included therein. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact
5:01 Acquisition Corp.
Jason Ruth, Chief Business Officer
[email protected]
415-993-8570