Cresco Labs Announces Upcoming Conference Participation

Cresco Labs Announces Upcoming Conference Participation

CHICAGO–(BUSINESS WIRE)–
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today its participation in the following conferences:

  • Cowen’s 2020 Boston Cannabis Conference – November 30th, 2020 – Management will participate in virtual one-on-one meetings. Charlie Bachtell, CEO and Co-Founder, will participate on the “U.S. MSOs: The Mid-West” panel. Barrington Rutherford, SVP of Real Estate & Community Integration, will participate on the “inclusion & Diversity” panel.
  • Roth Virtual Deer Valley Consumer Event – December 9th-11th, 2020 – Management will participate in virtual one-on-one meetings and Charlie Bachtell, CEO and Co-Founder, will participate on a panel.
  • 2020 Cantor Fitzgerald Virtual Cannabis MSO Summit – December 15th-16th, 2020 – Charlie Bachtell, CEO and Co-Founder, will participate in a fireside chat. Register here.

About Cresco Labs

Cresco Labs is one of the largest vertically-integrated multi-state cannabis operators in the United States. Cresco is built to become the most important company in the cannabis industry by combining the most strategic geographic footprint with one of the leading distribution platforms in North America. Employing a consumer-packaged goods (“CPG”) approach to cannabis, Cresco’s house of brands is designed to meet the needs of all consumer segments and includes some of the most recognized and trusted national brands including Cresco, Remedi, High Supply, Reserve, Good News and Mindy’s Chef Led Artisanal Edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside, Cresco’s national dispensary brand, is a wellness-focused retailer designed to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco provides the industry’s first national comprehensive Social Equity and Educational Development (SEED) program designed to ensure that all members of society have the skills, knowledge and opportunity to work in and own businesses in the cannabis industry. Learn more about Cresco Labs at www.crescolabs.com.

Forward Looking Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as, ‘may,’ ‘will,’ ‘should,’ ‘could,’ ‘would,’ ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘estimates,’ ‘projects,’ ‘predicts,’ ‘potential’ or ‘continue’ or the negative of those forms or other comparable terms. The Company’s forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to those risks discussed under “Risk Factors” in the company’s CSE Listing Statement filed with SEDAR; and other factors, many of which are beyond the control of the Company. Readers are cautioned that the foregoing list of factors is not exhaustive. Because of these uncertainties, you should not place undue reliance on the Company’s forward-looking statements. No assurances are given as to the future trading price or trading volumes of Cresco’s shares, nor as to the Company’s financial performance in future financial periods. The Company does not intend to update any of these factors or to publicly announce the result of any revisions to any of the Company’s forward-looking statements contained herein, whether as a result of new information, any future event or otherwise. Except as otherwise indicated, this press release speaks as of the date hereof. The distribution of this press release does not imply that there has been no change in the affairs of the Company after the date hereof or create any duty or commitment to update or supplement any information provided in this press release or otherwise.

Media:

Jason Erkes, Cresco Labs

Chief Communications Officer

[email protected]

Investors:

Jake Graves, Cresco Labs

Senior Analyst, Investor Relations

[email protected]

For general Cresco Labs inquiries:

312-929-0993

[email protected]

KEYWORDS: United States North America Canada Illinois

INDUSTRY KEYWORDS: Alternative Medicine Health Retail Tobacco Specialty

MEDIA:

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Urovant Sciences Announces Positive Clinical Efficacy and Safety Data from Vibegron EMPOWUR Long Term Extension Study

Urovant Sciences Announces Positive Clinical Efficacy and Safety Data from Vibegron EMPOWUR Long Term Extension Study

Extension study demonstrates favorable results in long term treatment of overactive bladder with vibegron, including improvements in incontinence efficacy, quality of life endpoints and with good tolerability

Long term EMPOWUR extension study data featured in an oral presentation at the virtual International Continence Society (ICS) Annual Meeting

Meta-analysis on increased risk of incident dementia following use of anticholinergics will also be presented at ICS

IRVINE, Calif. & BASEL, Switzerland–(BUSINESS WIRE)–
Urovant Sciences (Nasdaq: UROV) today announced positive efficacy and safety data from the vibegron EMPOWUR long term extension study with patient data over a total exposure of 52 weeks. The data demonstrate that vibegron improved quality of life (QoL) and incontinence efficacy endpoints with good long term tolerability in adult patients with overactive bladder (OAB) and symptoms of urge urinary incontinence (UUI), urgency and urinary frequency.

Vibegron is a once-daily, beta-3 adrenergic agonist under investigation for the treatment of OAB by the U.S. Food and Drug Administration (FDA). In March 2020, the FDA accepted the New Drug Application (NDA) for vibegron in OAB and assigned a Prescription Drug User Fee Act (PDUFA) goal date of December 26, 2020.

In an oral presentation at the virtual International Continence Society (ICS) Annual Meeting, David Staskin, MD, presented results from the 40-week EMPOWUR extension to the 12-week EMPOWUR trial that show 75 mg of vibegron was well tolerated over the total exposure of 52 weeks and demonstrated numerically greater improvements from baseline compared with tolterodine across QoL and responder efficacy endpoints. These results are consistent with the results from the placebo-controlled EMPOWUR phase 3 study, with comparable safety and durable efficacy.

“A large segment of the OAB population suffers in silence because they are embarrassed, afraid, or unaware that there are treatments, including medications, that could address their problems with bladder control. This situation leads to OAB being overlooked and undertreated, and highlights the need for therapeutic options to improve quality of life,” said Dr. Staskin, principal investigator of the EMPOWUR study, leading urologist with St. Elizabeth’s Medical Center, and Associate Professor of Urology at Tufts University School of Medicine, Boston. “The EMPOWUR 40-week extension study demonstrated how vibegron, if approved by the FDA, has the potential to offer a lasting solution for adult patients with OAB to manage urinary frequency and urinary incontinence associated with the urgent need to go to the bathroom.”

At week 52, 61 percent of 143 vibegron-treated patients had a ≥75 percent reduction and 40.8 percent showed a 100 percent reduction in UUI (urge urinary incontinence), a key symptom for OAB patients. In addition, 71.1 percent had ≥50 percent reduction in total incontinence episodes from baseline to week 52. In this same time period, vibegron demonstrated numerically greater improvements from baseline versus tolterodine for all QoL subscale scores as measured by the Overactive Bladder Questionnaire Long Form (OAB-qLF), including coping, concern, sleep, social interaction, health-related QoL and symptom bother. Vibegron 75 mg once daily demonstrated a 40-week safety profile comparable to that of 12-week EMPOWUR study, as well as durable efficacy for QoL and incontinence efficacy endpoints. Adverse events (AEs) occurred in 62.6% (171/273) of vibegron and 54.3% (126/232) of tolterodine patients; 4 (1.5%) vibegron and 8 (3.4%) tolterodine patients discontinued study medication due to an AE.

Examining the Risk of Cognitive Effects Associated with Anticholinergic Agents

On November 20, there will be a presentation of findings from a recent meta-analysis of anticholinergic use by Dr. Roger Dmochowski, which was supported by Urovant. The systemic literature review and meta-analysis revealed that use of anticholinergic agents for three months or longer increased the risk of incident dementia by an average of 46 percent relative to non-use. This increased risk also was reported in the six studies included in the meta-analysis that evaluated anticholinergic medications used to treat overactive bladder.

Anticholinergic medications are currently the most frequently prescribed pharmaceutical treatment for OAB. They exert their effects by blocking the action of the neurotransmitter acetylcholine and are prescribed to treat a wide range of medical conditions.

“The findings from our systematic literature review and meta-analysis shine a light on what data and anecdotal evidence has demonstrated for many practicing physicians: ongoing use of anticholinergics to treat OAB comes with an increased risk,” said Dr. Dmochowski, associate surgeon in chief and Professor of Urologic Surgery at Vanderbilt University Medical Center. “These findings underscore the need for medicines that can treat conditions such as OAB without the potential cognitive risks associated with anticholinergic agents. It is essential that health care providers work with their patients to determine an appropriate treatment plan.”

About Urovant Sciences

Urovant Sciences is a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for urologic conditions. The Company’s lead product candidate, vibegron, is an oral, once-daily small molecule beta-3 agonist that is being evaluated for overactive bladder (OAB). Urovant Sciences reported positive data from the vibegron 12-week, phase 3 pivotal EMPOWUR study and demonstrated favorable longer-term efficacy, safety, and tolerability in a 40-week extension study. The Company submitted a New Drug Application to the FDA seeking approval of vibegron for the treatment of patients with OAB in December 2019. Vibegron is also being evaluated for treatment of OAB in men with benign prostatic hyperplasia (OAB+BPH) and for abdominal pain associated with irritable bowel syndrome (IBS). Urovant’s second product candidate, URO-902, is a novel gene therapy being developed for patients with OAB who have failed oral pharmacologic therapy. Urovant Sciences, a subsidiary of Sumitomo Dainippon Pharma Co., Ltd., intends to develop novel treatments for additional urologic diseases. Learn more about us at www.urovant.com.

About Sumitovant Biopharma Ltd.

Sumitovant is a global biopharmaceutical company with offices in New York City and London. Sumitovant is a wholly owned subsidiary of Sumitomo Dainippon Pharma. Sumitovant is the majority shareholder of Myovant Sciences and Urovant Sciences, and wholly owns Enzyvant Therapeutics, Spirovant Sciences, and Altavant Sciences. Sumitovant’s promising pipeline is comprised of early-through late-stage investigational medicines across a range of disease areas targeting high unmet need. For further information about Sumitovant, please visit https://www.sumitovant.com.

About Sumitomo Dainippon Pharma Co., Ltd.

Sumitomo Dainippon Pharma is among the top-ten listed pharmaceutical companies in Japan, operating globally in major pharmaceutical markets, including Japan, the U.S., China, and the European Union. Sumitomo Dainippon Pharma is based on the 2005 merger between Dainippon Pharmaceutical Co., Ltd., and Sumitomo Pharmaceuticals Co., Ltd. Today, Sumitomo Dainippon Pharma has more than 6,000 employees worldwide. Additional information about Sumitomo Dainippon Pharma is available through its corporate website at https://www.ds-pharma.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical statements of fact and statements regarding the Company’s intent, belief or expectations and can be identified by words such as “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “strive,” “to be,” “will,” “would,” or the negative or plural of these words or other similar expressions or variations, although not all forward-looking statements contain these identifying words. In this press release, forward-looking statements include, but are not limited to, statements regarding Urovant’s plans to advance the clinical development of vibegron in patients with OAB, including related to the status of potential FDA approval. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially and reported results should not be considered as an indication of future performance. These risks and uncertainties include, but are not limited to, risks associated with: the success, cost, and timing of Urovant’s development activities, including the timing of the initiation and completion of clinical trials and the timing of expected regulatory filings; the FDA’s potential approval of vibegron and the associated package insert; the clinical utility and potential attributes and benefits of vibegron, including reliance on collaboration partners and the ability to procure additional sources of financing; our intellectual property position, including the ability to identify and in-license or acquire third-party patents and licenses, and associated costs; and other risks and uncertainties listed in the Company’s filings with the United States Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in the Company’s most recently filed Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q filed with the SEC, as such risk factors may be amended, supplemented or superseded from time to time by other filings with the SEC. Given these risks and uncertainties, you should not place undue reliance on any forward-looking statements. These forward-looking statements are based on information available to Urovant as of the date of this press release and speak only as of the date of this release. Urovant disclaims any obligation to update these forward-looking statements, except as may be required by law.

Investor and Media Inquiries:

Ryan Kubota

949.769.2706

[email protected]

KEYWORDS: Europe Switzerland United States North America California

INDUSTRY KEYWORDS: Health Other Health Clinical Trials General Health Pharmaceutical Biotechnology

MEDIA:

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FIS Tops Chartis RiskTech100® Rankings for Sixth Straight Year

FIS Tops Chartis RiskTech100® Rankings for Sixth Straight Year

Key facts:

  • FIS earns top spot in the Chartis RiskTech100® for the sixth year in a row.
  • FIS also wins in seven categories: Functionality, Market Presence, Insurance, Trading & Capital Markets, Actuarial Modeling & Insurance Risk, Front Office Risk Management and Transaction Cost Analysis.

JACKSONVILLE, Fla.–(BUSINESS WIRE)–
For the sixth year in a row, financial technology leader FIS® (NYSE: FIS) has placed first in the Chartis RiskTech100®.

Compiled by leading research and analysis firm Chartis Research, the RiskTech100® is an annual ranking of the world’s top 100 providers of risk and compliance technology. In addition to being ranked as the top provider in 2020, FIS also won in the categories of Functionality, Market Presence, Insurance, Trading & Capital Markets, Actuarial Modeling & Insurance Risk, Front Office Risk Management and Transaction Cost Analysis (TCA).

“FIS continues to lead in innovative technology that helps organizations mitigate risk and stay ahead of rapidly changing regulatory requirements,” said Mark Feeley, Global Brand Director at Chartis Research.

“The pandemic has added a new dimension of risk to the growing set of challenges being faced by financial organizations around the world,” said Martin Boyd, president of Capital Market Solutions at FIS. “FIS continues to make significant investments in bringing to market leading-edge, integrated risk management solutions across our Banking, Merchant and Capital Markets businesses to help firms stay ahead of these challenges and thrive in a complex risk and regulatory environment.”

FIS was recently named a category leader by Chartis for its insurance risk solutions and credit value adjustment solutions.

To read the full Chartis RiskTech100® report, visit Chartis’ website.

About FIS

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

About Chartis Research

Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

Kim Snider, 904.438.6278

Senior Vice President

FIS Global Marketing and Communications

[email protected]

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Professional Services Data Management Technology Finance Software Banking

MEDIA:

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AtriCure to Participate in Upcoming Piper Sandler 32nd Annual Virtual Healthcare Conference

AtriCure to Participate in Upcoming Piper Sandler 32nd Annual Virtual Healthcare Conference

MASON, Ohio–(BUSINESS WIRE)–AtriCure, Inc. (Nasdaq: ATRC), a leading innovator in surgical treatments for atrial fibrillation (Afib) and left atrial appendage (LAA) management, today announced that the company will participate in the upcoming Piper Sandler 32nd Annual Virtual Healthcare Conference.

Conference Dates: Tuesday, December 1 to Thursday December 3, 2020

A link to the fireside chat presentation will be available on the “Investors” section of the Company’s website at https://ir.atricure.com.

About AtriCure

AtriCure, Inc. provides innovative technologies for the treatment of Afib and related conditions. Afib affects more than 33 million people worldwide. Electrophysiologists and cardiothoracic surgeons around the globe use AtriCure technologies for the treatment of Afib and reduction of Afib related complications. AtriCure’s Isolator® Synergy™ Ablation System is the first and only medical device to receive FDA approval for the treatment of persistent Afib. AtriCure’s AtriClip® Left Atrial Appendage Exclusion System products are the most widely sold LAA management devices worldwide. For more information, visit AtriCure.com or follow us on Twitter @AtriCure.

Angie Wirick

AtriCure, Inc.

Chief Financial Officer

(513) 755-5334

[email protected]

Lynn Pieper Lewis

Gilmartin Group

Investor Relations

(415) 937-5402

[email protected]

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Health Medical Devices Hospitals Surgery Other Health Clinical Trials Cardiology

MEDIA:

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GMS Announces Date for Second Quarter Fiscal 2021 Earnings Release and Conference Call

GMS Announces Date for Second Quarter Fiscal 2021 Earnings Release and Conference Call

TUCKER, Ga.–(BUSINESS WIRE)–
GMS Inc. (NYSE:GMS) (the “Company”), a leading North American specialty distributor of interior building products, announced today that it will release its financial results for the fiscal second quarter ended October 31, 2020 before the market opens on the New York Stock Exchange on Thursday, December 3, 2020. A conference call will be held that same day at 8.30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session.

Webcast

The conference call and accompanying slide presentation will be available under “News & Events” in the “Investors” section of the Company’s website at www.gms.com. To listen to a live broadcast, go to the site at least ten minutes prior to the scheduled start time in order to register, download and install any necessary audio software. A replay of the webcast will also be available on the Company’s website.

To Participate in the Telephone Conference Call:

Dial in at least five minutes prior to start time.

Domestic: 877-407-3982

International: 201-493-6780

Conference Call Playback:

Domestic: 844-512-2921

International: 412-317-6671

Passcode: 13713234

The playback can be accessed through January 3, 2021.

About GMS Inc.

Founded in 1971, GMS operates a network of more than 260 distribution centers across the United States and Canada. GMS’s extensive product offering of wallboard, suspended ceilings systems, or ceilings, and complementary construction products is designed to provide a comprehensive one-stop-shop for our core customer, the interior contractor who installs these products in commercial and residential buildings.

Investors:

Leslie H. Kratcoski

[email protected]

770-723-3306

KEYWORDS: United States North America Georgia

INDUSTRY KEYWORDS: Residential Building & Real Estate Commercial Building & Real Estate Construction & Property

MEDIA:

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Southern California Bancorp Announces Changes to its Board of Directors

Southern California Bancorp Announces Changes to its Board of Directors

SAN DIEGO–(BUSINESS WIRE)–
Southern California Bancorp (the “Company”) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”), announces the appointment of four new independent directors to the Board of Directors of the Company and the Bank, effective as of November 18, 2020, bringing board membership to 10, including eight independent directors. The new directors are David Holman, Jan Lynn Owen, Kaveh Varjavand and Anita Wolman. Directors Adriana Boeka and Joseph Matranga have retired from the board.

“We are pleased to welcome Dave, Jan, Kaveh and Anita to the Board of Directors of Southern California Bancorp,” said David Rainer, Executive Chairman of Southern California Bancorp. “They are a talented and proven group of experienced banking and financial executives, and they bring a diverse set of expertise to our Board. We are excited to have them join us.”

“Dave, Jan, Kaveh and Anita bring experience and leadership to our board that will help guide and support our strategy to expand our operations in the Los Angeles, Orange and Ventura County markets, and we look forward to their contributions,” said Nathan Rogge, President and CEO of the Company and the Bank. “On behalf of the Board, I would like to thank Adriana and Joseph for their long service to Southern California Bancorp and the Bank and for their much-valued contributions. We wish them all the best going forward.”

The newly appointed directors bring extensive banking and board experience to the Company and the Bank:

  • David Holman has 40 years of commercial banking experience, serving as the Chairman of the Board of Directors of 1st Enterprise Bank from its incorporation in 2006 to its merger with California United Bank in 2014, at which time he became a director of its parent company, CU Bancorp, serving as Lead Director from 2015 to 2017. Prior to that, he was a senior executive at the Southern California Banking Group of First Interstate Bank for 25 years.
  • Jan Lynn Owen is a senior advisor in the Manatt Financial Services group, where her practice includes accountancy, assets recovery, auditing, banking, and financial reporting. Before joining Manatt, from 2013 to 2019, she was the Commissioner of California’s Department of Business Oversight, the state’s financial regulator. Prior to that, she served as commissioner of the California Department of Corporations.
  • Kaveh Varjavand is the president of AARCS—Accounting, Audit and Reporting Consulting Services—a firm he founded in 2013 that provides consulting services to community banks. From 2006 to 2013, he was the partner-in-charge of the Southern California Financial Services Group at Moss Adams LLP and prior to that he served as an audit partner with KPMG LLP. He also served as a director of CU Bancorp from 2015 to 2017.
  • Anita Wolman served as EVP and General Counsel at CU Bancorp from 2009 to 2017 and was a founder of its wholly owned subsidiary, California United Bank, in 2005. Prior to that, she held General Counsel positions at California Commerce Bank and Pacific Century Bank.

Chairman Emeritus John Farkash, Irwin Golds, Lester Machado and David Volk will continue serving as Directors of the Company and the Bank.

ABOUT BANK OF SOUTHERN CALIFORNIA

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank’s solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates branches in San Diego County, Los Angeles County, Orange County, San Bernardino County, and the Coachella Valley in Riverside County. For more information, please visit https://www.banksocal.com or call (844) BNK-SOCAL.

FORWARD LOOKING STATEMENTS

This news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, and Southern California Bancorp and Bank of Southern California (together, the “Company”) intend for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date. Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include, but are not limited to: the Company’s ability to successfully execute its business plans and achieve its objectives; changes in general economic and financial market conditions, either nationally or locally, in areas in which the Company conducts its operations; changes in interest rates; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company’s operations or business; loss of key personnel; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies.

The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

MEDIA CONTACT

David Rainer ([email protected])

Nathan Rogge ([email protected])

Thomas Dolan ([email protected])

(858) 847-4788

Bank of Southern California

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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PRE4CLE Annual Report

Cleveland, Ohio, Nov. 19, 2020 (GLOBE NEWSWIRE) —

PRE4CLE RELEASES “PRESCHOOL REIMAGINED” ANNUAL REPORT TO OUTLINE THE IMPACT OF THE COVID-19 PANDEMIC AND STRATEGIES FOR RECOVERY

CLEVELAND, OHIO – PRE4CLE, Cleveland’s plan to expand access to high-quality preschool, released its annual report today. The report outlines a comprehensive framework that takes the lessons of 2020 and reimagines solutions to help Ohio’s child care and early education system recover from the COVID-19 pandemic.


Preschool Reimagined
was crafted because early education, like most industries, has been hit hard by the COVID-19 crisis. Widespread closures, safety concerns, staffing shortages, and changes in parental employment have caused unprecedented disruption within early education, and are threatening the viability of a system that is critical to our community’s ability to recover from COVID-19.

Katie Kelly, Executive Director of PRE4CLE, said “The COVID-19 pandemic has laid bare many of the weaknesses in our early education system, and those challenges are reflected starkly in this report. However, we also think that this is an opportunity to build a newly-resilient system that offers greater access to high-quality care and education to children, reliable and affordable care to families as they head back to work, and fair compensation for child care and early education professional. That’s where PRE4CLE is focused as we head into a new year.”

Throughout 2020 PRE4CLE has been heavily engaged in mitigating the effect of the pandemic on Cleveland’s youngest citizens and their families, and translating those lessons learned into advocacy through their “Build Back Stronger” agenda. Much of that work is focused on actions at the state and federal levels to reimagine the way in which our current child care programs are supported. Reopening safely and resourcing programs to remain intact during this period are critical to the well-being of children, families, early educators, and the economy.

Despite these roadblocks, PRE4CLE reports several positive changes for Cleveland’s preschool programs in the last year, including significant gains in the number of programs participating in Ohio’s quality rating program for early education, Step Up To Quality. Additionally, PRE4CLE is launching a new initiative, The Cleveland Early Learning Spaces Program that will look to renovate and rebuild early learning facilities to enhance the quality of early education throughout the city.

PRE4CLE is looking to bring stakeholders in Cleveland and throughout Ohio together to address the urgent needs of early education, especially as Ohio heads into a state budget process and the federal government resumes work on a relief package early in 2021.

Marcia Egbert, Cleveland Early Childhood Compact Co-Chair and Senior Program Officer for Human Services at The George Gund Foundation, said this plan is important for everyone. “This information is Cleveland specific, but Cleveland’s story is not unique-the same effects are being felt all across the state and the country. Indeed, because of PRE4CLE and its strong commitment to supporting and building high-quality early childhood opportunities, we have a pathway to survive and even thrive through this pandemic.”


About PRE4CLE:

PRE4CLE is Cleveland’s plan to expand access to high-quality preschool to all 3- and 4-year-olds in the city. PRE4CLE helps families find and enroll in high-quality preschool programs, connects preschool providers to tools and resources to increase their quality and serve more children, and provides strategic leadership and advocacy to accelerate the availability of high-quality preschool in Cleveland. PRE4CLE fulfills a core priority of Cleveland’s Plan for Transforming Schools and is led by the Cleveland Early Childhood Compact. For a copy of the full annual report, visit

www.PRE4CLE.org

/annualreport


.               

###



Katie Kelly
PRE4CLE Executive Director
(216) 224-9554
[email protected]

SHARC Energy Supports King County and Seattle Pioneering Wastewater Energy Recovery

  • King County opens public
    sewer
    system to private-sector wastewater-energy-recovery projects

VANCOUVER, British Columbia, Nov. 19, 2020 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE:SHRC) (FSE:IWIA) (OTCQB:INTWF) (the “Company” or “SHARC Energy”) is pleased to announce plans are proceeding to apply its wastewater energy recovery technology to the King County sewer system, the 12th most populous county in the US, which includes the city of Seattle.

SHARC Energy participated in the opportunity that King County provided for public consultation with regards to the development of the template contract that could be used for agreements with private parties (users) for sewer heat recovery. On September 15, King County Council unanimously approved legislation allowing three wastewater heat recovery projects.

“This is one of the most ambitious wastewater recovery initiatives in North America and we are delighted to see King County take a leadership role in recovering the energy that goes down the drain every minute of every day in buildings across the United States and around the world,” said SHARC Energy CEO Lynn Mueller.

“SHARC Energy’s wastewater recovery systems, now successfully operating in Canada — the United States, Australia and the United Kingdom — reduce the use of fossil fuels for heating and cooling, and that means energy savings and dramatic reductions in GHG emissions to help residents, property owners and government’s meet vital decarbonization targets.”

The approved program proposes up to three pilot projects in King County, including Seattle, which will operate without paying the energy transfer fee for three years in exchange for sharing data with King County Water Treatment Division (“King County WTD”), which provides wastewater treatment services to 17 cities, 17 local sewer districts and more than 1.8 million residents across a 420-square-mile area in King, Snohomish and Pierce counties, including Seattle.

SHARC Energy’s system has been accepted by a US national developer which has a Seattle project that is potentially one of the pilot King County wastewater recovery projects. Details of the application involving SHARC Energy are being withheld for commercial reasons. Final development applications for one or potentially more of the pilot project proposals closes December 18, 2020.

This initiative highlights one of two opportunities for “Smart Cities”, municipalities, wastewater authorities and other owners of city wastewater and sewer infrastructure to monetize a previously forgotten resource and cost center while helping achieve the goals of government climate action plans.

“Our new Sewer Heat Recovery program is a great opportunity for us to partner with King County commercial property owners,” Mark Isaacson, WTD Director, said in a Nov. 5th statement. “This technology will lower a connected building’s carbon emissions, and help owners decrease their environmental footprint. Sewer heat recovery can also help owners and developers meet more stringent energy codes and give them a chance to leverage occupancy strategies that could attract tenants, buyers, and potential investors.” 

King County WTD is showcasing the ability to sell the wastewater flowing within their current sewer infrastructure through transfer fee agreements with the private sector. In Vancouver, the City of Vancouver Neighbourhood Energy Utility (“NEU”) is powered by a sewer heat recovery district energy system, utilizing two SHARC 880 systems for superior wastewater filtration, to sell 3 megawatts (MW) of heating and cooling to 5,750,000 square feet of residential, commercial and institutional floor area and has approval for a Federal and Provincial government subsidized 5-MW expansion to heat over 20,000,000 square feet of the city slated to begin in 2021. This expansion represents one of two sewer heat recovery district energy projects within the Greater Vancouver area being funded by the Federal and Provincial government.

King County is now at the forefront of wastewater heat recovery. They are now the first county or municipality in Washington State and the first in North America to establish a clear framework for private-sector partners to tap into the wastewater sewer system, a previously unutilized publicly-owned renewable energy resource.

The King County Strategic Plan has also set out an aggressive Healthy Environment plan to reduce countywide greenhouse gas emissions by 50 percent by 2030. The proposed legislation also furthers its Strategic Climate Action Plan goal of reducing countywide sources of greenhouse gas emissions by supporting development of renewable energy resources.

About SHARC International Systems

SHARC International Systems Inc. is a world leader in thermal heat recovery. SHARC systems recycle thermal energy from wastewater, generating one of the most energy efficient and economical systems for heating, cooling & hot water preheating for commercial, residential and industrial buildings. SHARC is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA).

Further information about the Company is available on our website at www.SHARCenergy.com or SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD

“Lynn Mueller”

Chairman and Chief Executive Officer

For
investor inquiries
, please contact:

Jason Shepherd
Investor Relations
SHARC International Systems Inc.
Telephone: (250) 212-2122
Email: [email protected]

For media inquiries, please contact

Mike Tanyi        
Director of Marketing and IT 
SHARC International Systems Inc. 
Telephone: (250) 212-2122 
Email: [email protected]  

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified
by the use of
words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC
Energy
‘s actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC
Energy
believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date
hereof, and
is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether
as a result of
new information, future events or otherwise, except as required by applicable securities legislation.

A video accompanying this announcement is available at  https://www.globenewswire.com/NewsRoom/AttachmentNg/5826f829-bcf9-4b2b-bc65-1477ddfe2889

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3a9f3f98-0530-4fd7-bbc8-7128aa576e83



Sinclair Announces Conditional Redemption of 5.625% Notes

PR Newswire

BALTIMORE, Nov. 19, 2020 /PRNewswire/ — Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), has notified the trustee (“Trustee”) for its 5.625% Senior Notes due 2024 (CUSIP No. 829259AR1) (the “Notes”) that it intends to redeem, in full, STG’s outstanding $550 million aggregate principal amount of Notes on December 4, 2020 (the “Redemption Date”).  The redemption of the Notes is conditioned upon STG’s incurrence of new debt financing generating gross proceeds of at least $550 million (the “Financing”).

The redemption will be effected in accordance with the terms of the indenture governing the Notes.  The redemption price will be equal to the sum of 101.875% of the principal amount of the Notes outstanding together with accrued and unpaid interest on the principal amount being redeemed up to, but not including, the Redemption Date.  The redemption of the Notes, including the payment of accrued and unpaid interest and related fees and expenses, will be funded from the net proceeds of the Financing and cash on hand.

This press release shall not constitute a notice of redemption of the Notes. A notice of redemption may only be made by a notice of redemption provided by STG or the Trustee to the holders of the Notes in accordance with the indenture governing the Notes. This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes or any other securities, and this press release shall not constitute an offer to sell nor a solicitation of an offer to buy any securities.

About Sinclair Broadcast Group, Inc.

Sinclair is a diversified media company and leading provider of local sports and news. The Company owns and/or operates 23 regional sports network brands; owns, operates and/or provides services to 190 television stations in 88 markets; is a leading local news provider in the country; owns multiple national networks; and has TV stations affiliated with all the major broadcast networks. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and digital platforms. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.

Forward-Looking Statements: 

The matters discussed in this news release include forward-looking statements regarding, among other things, future events and actions. When used in this news release, the words “outlook,” “intends to,” “believes,” “anticipates,” “expects,” “achieves,” “estimates,” and similar expressions are intended to identify forward-looking statements.  Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ materially and adversely from those described in the forward-looking statements as a result of various important factors, including and in addition to the assumptions set forth therein, but not limited to, STG’s ability to consummate the Financing, the potential impacts of the novel coronavirus (COVID-19) pandemic on our business operations, financial results and financial position and on the world economy, the impact of changes in national and regional economies, our ability to generate cash to service our substantial indebtedness, the completion of the FCC spectrum repack, successful execution of outsourcing agreements, pricing and demand fluctuations in local and national advertising, volatility in programming costs, the market acceptance of new programming, the successful execution of retransmission consent agreements, the successful execution of network and MVPD affiliation agreements, the successful execution of media rights agreements with professional sports teams, the impact of OTT and other emerging technologies and their potential impact on cord-cutting, the impact of MVPDs, vMVPDs, and OTT distributors offering “skinny” programming bundles that may not include all programming of our networks, our ability to identify and consummate acquisitions and investments and to achieve anticipated returns on those investments once consummated, the impact of pending and future litigation claims against the Company, the impact of FCC and other regulatory proceedings against the Company, uncertainties associated with potential changes in the regulatory environment affecting our business and growth strategy, and any risk factors set forth in the Company’s recent reports on Form 10-Q and/or Form 10-K, as filed with the Securities and Exchange Commission. There can be no assurances that the assumptions and other factors referred to in this release will occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements except as required by law.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/sinclair-announces-conditional-redemption-of-5-625-notes-301177121.html

SOURCE Sinclair Broadcast Group, Inc.

Citi Named World’s Best Foreign Exchange Bank by Global Finance

Citi Named World’s Best Foreign Exchange Bank by Global Finance

Bank Honored Across a Number of Global and Regional Categories

NEW YORK–(BUSINESS WIRE)–
Citi has been named the World’s Best Foreign Exchange Bank by Global Finance magazine. In addition, Citi received top honors across a number of global and regional award categories, full list as follows:

Best Bank Foreign Exchange Trading Technology

  • Best Bank Platform (Overall)
  • Most Innovative Bank Platform
  • Best Platform for Corporates
  • Best Big-Picture View of Positions

Country Awards

  • Argentina
  • Mexico
  • United States
  • Uruguay

“Citi has a long standing and successful FX franchise,” said Itay Tuchman, Global Head of FX. “Our global network has established us as a market leader in FX and provides us unrivalled insight into global FX markets.”

“We’re very proud of the recognitions received which is a testament of our ongoing efforts to deliver the best solutions to our clients, both at a global and regional level,” said Flavio Figueiredo, Global Head, Rates and Currencies Corporate Sales. “We will continue to build on our success and offer best in class FX solutions.”

Criteria for choosing the Foreign Exchange Providers Award winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies. Global Finance also considered bank submissions, input from industry analysts, corporate executives and technology specialists.

These awards have become a trusted standard of excellence for the global financial community.

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at http://www.citigroup.com | Twitter: @Citi | YouTube: http://www.youtube.com/citi | Blog: http://blog.citigroup.com/| Facebook: http://www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

Scott Helfman +1 212-816-9241

KEYWORDS: Mexico South America Central America North America Canada Argentina Uruguay United States New York

INDUSTRY KEYWORDS: Technology Mobile/Wireless Finance Banking Professional Services Software Networks Internet Data Management

MEDIA:

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