Market Newsdesk

KENNETT SQUARE, Pa., Dec. 17, 2020 (GLOBE NEWSWIRE) — A Genesis HealthCare (NYSE:GEN) (Genesis or the Company) affiliated nursing home today became one of the first long-term care facilities in the U.S. to vaccinate frontline healthcare workers against COVID-19. Genesis HealthCare is one of the nation’s largest providers of post-acute care. An event, held outside Silver Lake Center in Dover, Delaware, documented the vaccinations of a Registered Nurse, Kolubah Goniah, Chief Nursing Officer, JoAnne Reifsnyder and the Center’s Executive Director, Warren Burke, and featured remarks by the Mayor of Dover, Robin R. Christiansen.

“Today marks an incredible milestone of hope and defense in our collective fight against the COVID-19 pandemic: one of the first vaccinations of nursing home frontline staff,” said George V. Hager, Jr., Chief Executive Officer of Genesis. “Since February, residents, families and healthcare workers in long-term care facilities across the nation have felt the brunt of the pandemic’s effects. But today unlocks the door to a safer future. I am grateful Genesis could be part of this historic moment and would like to thank the State of Delaware for their partnership and support in making this moment possible.”

“I am so grateful today. The arrival of this vaccine is hopefully the start of relief, especially for those who have been hit the hardest, and at the front lines of this pandemic from the beginning; our long-term care facilities and healthcare workers,” said Lt. Governor Bethany Hall-Long. “Protecting our most vulnerable populations is our duty. I hope today is the beginning of the end, but we have a long winter ahead of us, and we must remain committed to social distancing, mask wearing and avoid gathering until we beat this.”

“I am thrilled to be able to finally begin providing our staff with this long-awaited sense of relief – it’s important for them and for our residents and patients,” said Richard Feifer, MD, MPH, FACP, Chief Medical Officer at Genesis. “Our teams have shown incredible dedication to protect and provide quality care to the most vulnerable members of our society amidst true adversity. The example our frontline workers have set today for our communities and our nation will help to build further trust in the vaccine, the most critical tool in our fight against COVID-19.”

“To stand side by side with our frontline staff and be among the first nursing home employees to receive the vaccine is an experience and a privilege I will take with me for the rest of my life,” said Chief Nursing Officer Dr. JoAnne Reifsnyder. “The last nine months have been unimaginable, and we have done everything in our power, used every tool at our disposal to fight this virus. I breathe a sigh of relief today, but I also know our fight against this deadly virus is far from over. We will continue to operate with extreme vigilance and with the vaccine supplementing PPE, testing and the proven health protocols we put in place to mitigate spread at our facilities and, above all, keep our residents safe.”

“This is a great day that we’ve all been waiting for – getting this vaccine is a huge relief and ray of light,” said Kolubah Goniah, Registered Nurse at Silver Lake Center. “I encourage everyone to take this step to protect yourself, your loved ones, the residents and patients you care for and their families.”

Genesis is working closely with state governments to determine when vaccines will be available for all employees and residents at its facilities across the nation. As part of The Pharmacy Partnership for Long-Term Care Program announced in October by The U.S. Department of Health and Human Services and the Department of Defense, Genesis selected CVS Health Corp. as its pharmacy partner to provide and administer the vaccine in all states that are working with CVS or Walgreens Boots Alliance Inc. for vaccine management.

Footage captured at today’s event will be made available to media. If you are interested in receiving soundbites and b-roll, please contact [email protected].

About Genesis HealthCare

Genesis HealthCare is a holding company with subsidiaries that, on a combined basis, comprise one of the nation’s largest post-acute care companies, providing services to more than 325 skilled nursing facilities and assisted/senior living communities in 24 states nationwide. Genesis subsidiaries also supply rehabilitation therapy to approximately 1,200 healthcare providers in 44 states, the District of Columbia and China. References made in this release to “Genesis,” “the Company,” “we,” “us” and “our” refer to Genesis Healthcare, Inc. and each of its wholly-owned companies. Visit our website at www.genesishcc.com.

Contact:

Lori Mayer, Media Relations
610-283-4995
[email protected]

With Continued Huge Demands the Company Has Placed Two Large Orders to Include the
Jonway TerraE Truck
and Skywell Buses

SURREY, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) — DSG Global Inc. (OTCQB: DSGT) (“DSGT”), via subsidiary Imperium Motors, expects orders to arrive throughout the remaining two weeks of 2020. Arrival dates are set, and shipments are anticipated to arrive in the ports of Fairfield and San Francisco, California.

Due to demand with our electric vehicle products, Imperium Motors placed two more large orders to include the Jonway TerraE truck, Skywell buses and a variety of 3- and 4-wheel vans and trucks. In addition, a large container of Rover electric bike products and the first shipment of Skywell SUV’s will arrive in USA and Canada in the next two weeks.

“As the demand for electric vehicles continues to ramp, we have increased our orders and anticipate this trend to ramp up even greater throughout 2021,” stated Rick Curtis, President of Imperium Motors. “We are also beginning to hire seasoned personal in all capacities to begin employment in Q1 of 2021” continued Curtis.

For information on Imperium Motor’s Product line, please visit https://www.imperiummotorcompany.com/

About Imperium Motor Company

Imperium Motor Company is a new EV distribution and marketing company that offers a wide variety of affordable vehicles equipped for the North American market with emphasis on great design, a green mindset, performance, and functionality. Vehicles will include: High Speed, Mid Speed, and Low Speed electric vehicles including Cars, Trucks, SUVs, Vans, Buses and Scooters.

About VANTAGE TAG SYSTEMS INC (VTS)

Vantage Tag Systems provides patented electronic tracking systems and fleet management solutions to golf courses and other avenues that allow for remote management of the course’s fleet of golf carts, turf equipment and utility vehicles. Its clients use VTS’s unique technology to significantly reduce operational costs, improve the efficiency plus profitability of their fleet operations, increase safety, and enhance customer satisfaction. VTS has grown to become a leader in the category of Fleet Management in the golf industry, with their technology installed in over vehicles worldwide. VTS is now branching into several new streams of revenue, through programmatic advertising, licensing and distribution, as well as expanding into Commercial Fleet Management, PACER single rider golf carts, and Agricultural applications. Additional information is available at http://vantage-tag.com/

Safe Harbor for Forward-Looking Statements

Forward-looking statements in this press release include statements relating to, among other things, the Company’s ability to open its new customer facility and its ability to close and deliver on various purchase orders from customers, and the Company’s expansion into markets outside of the golf industry. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: the timing and nature of any capital raising transactions; our ability to offer products and services for use by customers in new markets outside of the golf industry; our ability to deliver in a timely fashion and to our customers’ satisfaction the products purchased; the risk of competition; our ability to find, recruit and retain personnel with knowledge and experience in selling products and services in existing and new markets; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the fiscal year 2018 and our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements.

Brokers and Analysts:
Chesapeake Group
+1-410-825-3930
[email protected]

Chicago, Dec. 17, 2020 (GLOBE NEWSWIRE) — In the coming months there will be an unprecedented need for qualified personnel to safety administer the COVID-19 vaccine. NCSBN has issued a policy brief that recommends what personnel should administer the vaccine in order to protect the public. The brief specifically states, “COVID-19 vaccines can be safely administered by licensed practical nurses/vocational nurses (LPNs/VNs), registered nurses (RNs) and advanced practice registered nurses (APRNs), in addition to other licensed health care providers such as physicians, physician assistants and pharmacists.”

 

NCSBN Chief Officer, Nursing Regulation, Maryann Alexander, PhD, RN, FAAN, comments, “It is important that the general public trusts not only the vaccine they will be receiving but also the practitioner who is administering it.”

 

Boards of nursing (BONs) are assuring that there is a supply of licensed nurses who are safe and competent to administer this vaccine. Additionally, the formation of partnerships with nursing education programs where the services of student nurses can be employed to administer the vaccine under the supervision of faculty or other qualified, licensed personnel, is also vital.

 

“Nurses are and will continue to be the ‘tip of the spear’ in the fight against COVID-19 and it is fitting that they will be at the forefront of this unparalleled initiative of administering this crucial vaccine,” notes Alexander.

 

The policy in its entirety can be read here.

 

About NCSBN

 

Founded March 15, 1978, as an independent not-for-profit organization, NCSBN was initially created to lessen the burdens of state governments and bring together nursing regulatory bodies (NRBs) to act and counsel together on matters of common interest. It has evolved into one of the leading voices of regulation across the world.

 

NCSBN’s membership is comprised of the NRBs in the 50 states, the District of Columbia, and four U.S. territories — American Samoa, Guam, Northern Mariana Islands and the Virgin Islands. There are three exam user members. There are also 27 associate members that are either NRBs or empowered regulatory authorities from other countries or territories.

 

Mission: NCSBN empowers and supports nursing regulators in their mandate to protect the public.

 

The statements and opinions expressed are those of NCSBN and not individual members.

 

Dawn Kappel
NCSBN
3122182418
[email protected]

LOS ANGELES, Dec. 17, 2020 (GLOBE NEWSWIRE) — During fiscal 2020, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $49,942,000 as compared with $48,655,000 in the prior year.  This increase of $1,287,000 was primarily from Journal Technologies’ increased license and maintenance fees of $1,468,000, consulting fees of $2,179,000 and public service fees of $38,000, partially offset by reductions in the Traditional Business’ display advertising (including conferences which were discontinued) net revenues of $1,009,000, classified advertising net revenues of $218,000, trustee sale notice advertising net revenues of $282,000, legal notice advertising net revenues of $523,000 and circulation revenues of $159,000. 

The Traditional Business had a pretax loss of $1,814,000, representing a $1,833,000 decrease in income from pretax income of $19,000 in the prior fiscal year.  Journal Technologies’ pretax income increased by $5,383,000 to $447,000 from a pretax loss of $4,936,000 in the prior fiscal year, excluding the goodwill impairment loss of $13,400,000 in fiscal 2019.  In addition, the Company sold part of its marketable securities realizing a net gain of $4,193,000 in fiscal 2020.  There were also decreases in net unrealized losses on investments of $14,616,000 to $3,099,000 in fiscal 2020 from $17,715,000 in the prior fiscal year.  These investments generated approximately $4,965,000 in dividends income during fiscal 2020.  In the future, dividends income from the Company’s portfolio is expected to decrease, because these investments include the common stocks of three U.S. banks, at least one of which has decided to reduce its dividends.  During fiscal 2020, consolidated pretax income was $4,226,000, as compared with a pretax loss of $31,476,000 in the prior fiscal year, in each case reflecting dividends received and the performance of the Company’s investments. 

The Company believes that the Coronavirus pandemic (“COVID-19”) has had, and, with the recent resurgence of COVID-19 cases, will continue to have a significant impact on the Company’s business operations. This might include a substantial decrease in the value of the Company’s marketable securities portfolio, which is concentrated in the common stocks of three U.S. financial institutions, or at least a fair degree of volatility.  At September 30, 2020, the Company held marketable securities valued at $179,368,000, including net unrealized gains of $137,593,000, and accrued a deferred tax liability of $35,870,000 for estimated income taxes due only upon the sales of the net appreciated securities.

For fiscal 2020, the Company recorded an income tax provision of $185,000 on pretax income of $4,226,000.  The effective tax rate was less than the statutory rate primarily due to the dividends received deduction (“DRD”), a benefit resulting from the Coronavirus Aid, Relief and Economic Security (“CARES”) Act and net state tax benefits.   The effective tax rate for fiscal 2020 was 4.4%, as compared with 20% in the prior fiscal year.

The CARES Act, which was signed into law on March 27, 2020, contains two federal tax provisions beneficial to the Company.  One provision provides that net operating losses arising in tax years beginning in 2018 that were previously only available to be carried forward, can now be carried back to the five previous years.  In addition, any alternative minimum tax credits carried forward from prior years can be claimed as a refund in years beginning in 2018.  Consequently, the Company recorded a tax benefit resulting from carrying back a portion of the net operating loss generated in fiscal 2019 to fiscal 2014.  The Company anticipates receiving a refund for all taxes and alternative minimum taxes paid in fiscal 2014.  The tax benefit of $187,000 resulting from carrying back the net operating loss is primarily attributable to the difference in the federal tax rates of 34% in fiscal 2014 and 21% in fiscal 2019.

During fiscal 2020, the Company recorded net unrealized losses on investments of $3,099,000.  An income tax benefit of $1,371,000 resulting from these losses was recorded as a temporary difference in deferred income taxes.  The Company also recorded a capital gain of $4,193,000 on partial sales of its marketable securities.

For fiscal 2019, the Company recorded an income tax benefit of $6,260,000 on a pretax loss of $31,476,000.   The effective tax rate was below the statutory rate due to the impairment of goodwill, partially offset by the DRD and a benefit for state taxes.

For risk factors associated with the Company’s businesses, please see “Item 1A – Risk Factors” of the Company’s annual report on Form 10-K for the fiscal year ended September 30, 2020.

**********     

Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services.  Journal Technologies, Inc. is a wholly-owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. 

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain statements contained in this press release are “forward-looking” statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements.  Words such as “expects,” “intends,” “anticipates,” “should,” “believes,” “will,” “plans,” “estimates,” “may,” variations of such words and similar expressions are intended to identify such forward-looking statements.  We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise.  Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in documents we file with the Securities and Exchange Commission. 

# # #

Tu To
(213) 229-5436

WINOOSKI, Vt., Dec. 17, 2020 (GLOBE NEWSWIRE) — Reading Plus, a research-backed online program that uses personalized instruction to improve students’ reading proficiency, today published its National Report for the 2019-2020 School Year revealing that students who used the program achieved reading proficiency gains consistent with prior years, despite disruptions caused by the abrupt shift to remote learning at the onset of the pandemic. According to the performance data, students who completed the recommended^* hours of Reading Plus instruction saw significantly larger gains than their peers who did not use the program – in most cases, improving by twice as many grade levels.

“Despite early concerns about COVID-19-related learning loss from both families and the education community, we knew Reading Plus’s versatility could easily support schools and educators needing to provide sustained, effective literacy instruction during distance learning,” said Dr. Alexandra Spichtig, chief research officer at Reading Plus. “Our national performance data underscore that Reading Plus enabled students to continue to develop their reading proficiency uninterrupted, regardless of where they were learning.”

Reading Plus, used nationally by more than one million students, improves reading proficiency 2.0 to 2.5 grade levels on average in a single school year (40 to 60 hours of program use). The 2019-2020 national report shows a subset of students achieved 3.1 grade levels of growth with recommended program use during this time. Reading Plus develops comprehension, vocabulary, silent reading fluency, stamina, and motivation. It is the only literacy program that also addresses the physical aspect of reading – the way the eyes navigate lines of text – which impacts a student’s ability to process and retain information effectively and efficiently.
  
The 2019-2020 national report analyzes performance data from 235,779 students enrolled in 2,351 elementary, middle and high schools across the U.S. These students completed the Reading Plus InSight silent reading assessment on at least two occasions, once near the start of the 2019-2020 school year and again during the spring. The InSight assessment measures reading comprehension, vocabulary, comprehension-based silent reading rate, and motivation, and provides a composite reading proficiency grade-level score. The assessment is highly correlated with the Smarter Balanced Assessment Consortium (SBAC), Partnership for Assessment of Readiness for College and Careers (PARCC), and other state and commonly used assessments.

Reading Plus also released a special research report detailing student performance from short-term emergency pilots that took place between March and June 2020. New to Reading Plus, the 986 pilot students used the program at home after school buildings closed and gained one-half to one full year of reading growth in just 8 to 12 weeks (about 8 to 16 hours) of program use.

“Educators across the country are working overtime to ensure students receive a quality education at home while juggling myriad uncertainties,” said Steven Guttentag, CEO of Reading Plus. “These results show Reading Plus is an incredibly effective online tool capable of keeping literacy learning on track despite these challenging times.”

To further assist educators and families during the pandemic, Reading Plus also began providing comprehensive resources for free at www.readingplus.com/remote-learning. Materials include over 200 downloadable activities that help students improve essential reading skills, such as graphic organizers, skill-building worksheets, and comprehension-based writing prompts catered to each child’s reading ability.

“At Reading Plus, our primary mission is to inspire students to become lifelong learners,” said Guttentag. “As educators anticipate the unknowns 2021 will bring, we are proud to support them with an online solution that can reach students wherever they are.”

To learn more about the benefits of Reading Plus for in-person, remote, or hybrid learning environments, visit www.readingplus.com.

^*

The recommended hours for Reading Plus instruction vary per student tier group. More intensive
use of Reading Plus is recommended for students who are reading below grade level and need to catch up with their peers. Recommended use for students in Tier 1 (at/above grade level) is 20 hours, for Tier 2 (one to two levels below grade level) is 40+ hour
s, and for Tier 3 (three or more levels below grade level) is 60+ hours.

ABOUT READING PLUS

Reading Plus is a research-proven, online program that provides personalized intervention and instruction for students, improving reading proficiency between 2.0 to 2.5 grade levels in a single school year. Reading Plus develops comprehension, vocabulary, motivation and stamina, while also going beyond the offerings of other literacy programs by addressing silent reading fluency. It supports students with diverse needs, including English learners, special education, RTI/MTSS tiers 1-3, and advanced readers. Reading Plus provides educators with an easy-to-use management and reporting system, extensive resources to guide differentiated instruction, professional development and highly-rated customer support. The Reading Plus program is used in more than 5,000 schools nationally, helping over 1 million students become efficient, confident, lifelong readers. For more information visit www.readingplus.com.

Press Contact
Jennifer Leckstrom
RoseComm for Reading Plus
(215) 681-0770
[email protected]

TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (“Abaxx”) is pleased to announce it has received final approval to list on the Neo Exchange Inc. (the “NEO“) in Canada and will begin trading on December 18, 2020 under the symbol “ABXX”. Abaxx successfully completed the previously announced reverse takeover with New Millennium Iron Corp. (“NML“) on December 14, 2020 pursuant to the terms of a business combination agreement dated September 18, 2020. For more information, please refer to NML’s press release dated December 11, 2020.

Abaxx will commence trading on the NEO Stock Exchange under the ticker symbol ABXX and will have 63,558,062 shares outstanding at the start of trading. A filing statement prepared in accordance with the policies of the NEO is available on SEDAR at www.sedar.com

About Abaxx Technologies

Abaxx Technologies Inc. is a development stage financial technology business developing software tools which enable commodity traders and finance professionals to communicate, manage risk, and transact faster and more securely. In addition, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd. (“ACX”, or “Abaxx.Exchange”), a commodity futures exchange seeking final regulatory approvals as a Registered Market Operator (“RMO”) and Approved Clearing House (“ACH”) with the Monetary Authority of Singapore (“MAS”). On September 7, 2020, Abaxx received Approval in Principle of its RMO application, subject to various terms and conditions.

A confluence of global socio-economic trends created opportunities for Abaxx and Abaxx.Exchange. Generational changes in the world are happening faster than industries, systems and infrastructure can adapt. Massive capitalization for renewable energy-based electrification is driving an energy transformation from carbon intensive coal and oil energy sources to natural gas, wind, solar, and smart grid energy storage requiring new natural resources and more efficient markets to trade them. Public opinion and necessity have reordered capital allocation priorities and investment criteria among the largest banks and institutional investment firms globally to better price environmental, social and governance (ESG) risks. And current internet technologies and online commerce systems are experiencing an acute need for better tools to manage privacy, data and network security.

Abaxx is working to develop Smarter Markets to address these global challenges, comprised of three components: (i) commercializing a commodity futures exchange based in Singapore, which is currently developing new global energy-transition related commodity contracts to improve price discovery, risk transfer and capital allocation; (ii) open standard internet communication protocols, ID++, and applications increasing security, privacy and productivity, the Abaxx Console; and (iii) ESG-ID governance software, recognition of the urgent need to discover and price ESG-related externalities in natural resource supply chains. Abaxx’s approach is to enable standards to emerge by offering stakeholders across the value chain easily adoptable software applications for transparent measurement, verification and reporting (MVR). It is anticipated that commodity contracts traded on the Abaxx Exchange will include optional carbon offset and carbon neutral pricing-mechanisms to support the global shift to more environmentally and socially responsible sourcing and investing. Rephrased in a sporting metaphor, Abaxx is leveraging the technology platform and exchange infrastructure that our stakeholders have invested in the past three years to act as a trusted global scorekeeper, not referee or player in the emergence of ESG-data enhanced commerce.

“Abaxx was founded with a vision of how global markets and the internet economy will fundamentally transform over the next decade,” remarked Josh Crumb, Founder and CEO. “We quickly learned that many people share our thesis around the socio-economic transition taking place, and we fundamentally believe that more stringent trust and transparency, more efficient market-based solutions, and trustworthy-computing software systems will enable global markets to organize and transact, resulting in the best emergent outcomes for society. The vision crystallized into a business strategy for capturing opportunities that are emerging faster than anticipated. Abaxx has an exceptional team, transformative technology and a commercial roll out planned beginning with the launch of Abaxx Exchange in Singapore, anticipated in the summer of 2021.”

For more information please visit abaxx.tech, abaxx.exchange and SmarterMarketsPod.com

Media and investor inquiries:

Abaxx Technologies Inc.
Andrew Fedak, Founder and Chief Strategy Officer
Tel: +1 246 271 0082
E-mail: [email protected]

Forward-Looking Statements

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe Abaxx or the Company’s future plans, objectives or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, Abaxx’ objectives, goals or future plans, statements, timing of the commencement of operations and estimates of market conditions. Such factors include, among others: risks relating to the global economic climate; dilution; the Company’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions, protection of intellectual property rights, contractual risk, third party risk; clearinghouse risk, malicious actor risks, third-party software license risk, system failure risk, risk of technological change; dependence of technical infrastructure, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains. Abaxx has also assumed that no significant events occur outside of Abaxx’ normal course of business.

Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. When relying on Abaxx forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Abaxx does not undertake to update this information at any particular time except as required in accordance with applicable laws. The NEO Exchange does not accept responsibility for the adequacy or accuracy of this press release.

EDMONTON, Alberta, Dec. 17, 2020 (GLOBE NEWSWIRE) — In a time when the communities of central and northern Alberta need the YMCA more than ever, EPCOR has partnered with YMCA of Northern Alberta to match all donations received until December 31, 2020 up to $25,000, through the Heart + Soul Fund by EPCOR.

YMCA of Northern Alberta has been proudly serving the communities of central and northern Alberta for 113 years. Through their year-end fundraising campaign in partnership with EPCOR, they are asking the community for support, to ensure that they can remain a strong and viable part of the community for at least another 113 years.

“YMCA is thrilled to partner with EPCOR for our year-end campaign,” said Nick Parkinson, President and CEO, YMCA Northern Alberta. “EPCOR’s funding will allow our donor’s gifts to have double the impact and help build strong and thriving communities.”

YMCA of Northern Alberta is proud to partner with EPCOR for their year-end campaign, that is made possible in part by the Heart + Soul Fund by EPCOR. Both organizations believe in strengthening the community and providing a lifeline to those in need and are excited about doubling the impact of the funds raised from now until December 31, 2020 that will help build strong kids, healthy families and thriving communities.

“The Y is a wonderful example of how the programs our community counts on can continue to operate, safely and sustainably,” said Stuart Lee, President and CEO, EPCOR. “But like many other non-profit organizations these days, they need support too. The Heart + Soul Fund was created in part to help organizations like the Y amplify their fundraising efforts, so they can continue providing an important lifeline to those hardest hit by COVID-19.”

To make an important gift to the YMCA, visit northernalberta.ymca.ca/give.

About YMCA of Northern Alberta 
YMCA of Northern Alberta is a registered charity dedicated to building healthy communities since 1907. From providing quality child care and supporting people in their health and wellness, to providing important community outreach programs, the YMCA of Northern Alberta works to strengthen communities in the Edmonton, Grande Prairie, Wood Buffalo and Red Deer regions. For more information, visit northernalberta.ymca.ca.

About EPCOR

EPCOR, through its wholly owned subsidiaries, builds, owns and operates electrical, natural gas and water transmission and distribution networks, water and wastewater treatment facilities, sanitary and stormwater systems, and infrastructure in Canada and the United States. The Company also provides electricity, natural gas and water products and services to residential and commercial customers. EPCOR, headquartered in Edmonton, is an Alberta Top 75 employer.

Contact: 
Shamelle Pless 
YMCA of Northern Alberta 
780-680-7562 
[email protected]