Old Dominion Freight Line Recognized as the No. 1 National LTL Carrier for Quality by Mastio & Company for Eleventh Consecutive Year

Comprehensive annual industry study of less-than-truckload carriers recognizes ODFL for continued premium service

THOMASVILLE, N.C., Dec. 01, 2020 (GLOBE NEWSWIRE) — For an unprecedented eleventh consecutive year, Old Dominion Freight Line (OD) has earned the Mastio Quality Award for national less-than-truckload (LTL) carriers. The industry’s most comprehensive study ranked OD as the top carrier according to logistics professionals assessing carrier performance across 35 key attributes.

Old Dominion’s premium service stood out from other national carriers in a quantitative ranking of attributes such as “Carrier is trustworthy,” “Shipments delivered when promised,” and “Drivers are courteous and professional.” Mastio & Company’s annual survey collects LTL shippers’ responses and identifies the importance of performance factors upon carrier choice.

“In a year that brought many challenges to our industry, we are incredibly honored to be recognized by Mastio and Company for our premium service,” said Greg Gantt, President and CEO of Old Dominion Freight Line. “Our customers depend on OD to keep their promises, and we are thankful they have recognized the responsiveness, speediness, and customer focus we put into our services. This recognition is for the more than 19,000 dedicated OD team members who go above and beyond every day.”

“Carrier performance indicators are analyzed based on discussions with LTL industry customers in the annual MASTIO survey,” said Kevin Huntsman, senior vice president of Mastio & Company. “We then use all of the ‘non-cost/performance’ attributes to name the recipient of the Mastio Quality Award. For the eleventh consecutive year, we are pleased to announce Old Dominion was ranked No. 1 among national LTL carriers. They earned this distinction for being consistently rated as a top LTL carrier, preferred by their customers for any shipping needs.”

The 16th annual MASTIO study interviewed 1,576 shippers providing approximately 5,000 total observations between July and November 2020. The 2020 survey includes more than 7,800 qualitative responses and ten open-ended questions via telephone interviews with key freight decision-makers.

For more information about Old Dominion, visit www.odfl.com or call (800) 432-6335. On Twitter: @ODFL_Inc and Facebook: Old Dominion Freight Line Inc.

About Old Dominion Freight Line, Inc.

Old Dominion Freight Line, Inc. is a leading, less-than-truckload (“LTL”), union-free motor carrier providing regional, inter-regional and national LTL services through a single integrated organization. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. Through strategic alliances, the Company also provides LTL services throughout North America. In addition to its core LTL services, the Company offers a range of value-added services including container drayage, truckload brokerage and supply chain consulting.



Kate Redding
Old Dominion Freight Line
404-266-7578
[email protected]

Zogenix and Leading Experts to Present New Rare Epilepsy Data at AES 2020

  • New long-term safety, efficacy, and durability data for FINTEPLA® (fenfluramine) oral solution in Dravet syndrome

  • Full results from
    Phase 3
    study of
    FINTEPLA in Lennox-Gastaut syndrome

  • New d
    ata from investigator-initiated stud
    y
    in CDKL5
    Deficiency Disorder

EMERYVILLE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) — Zogenix (Nasdaq: ZGNX), a global biopharmaceutical company developing and commercializing rare disease therapies, announced that data from eleven poster presentations related to FINTEPLA® (fenfluramine) oral solution in Dravet syndrome, Lennox-Gastaut syndrome, and other rare epilepsies will be presented at the American Epilepsy Society (AES) Annual Meeting, being held virtually from December 4-8, 2020. Zogenix will also host a virtual scientific exhibition room and sponsor a continuing medical education (CME) symposium during AES 2020.

“We are honored to collaborate with leading international epilepsy experts to broaden our understanding of how FINTEPLA, a drug recently approved by the FDA to treat seizures associated with Dravet syndrome, may improve the lives of epilepsy patients and their families,” said Zogenix’s Chief Medical Officer Bradley S. Galer, M.D. “With new long-term data in Dravet syndrome, full results from our Lennox-Gastaut syndrome Phase 3 trial, and data from investigator-initiated studies, we are eager to continue advancing FINTEPLA as a potential new treatment option for additional rare epilepsies.”

Main Conference

Full data for the FINTEPLA posters presented in the main conference will be available on the AES 2020 conference site starting this Friday, December 4, at 9:00 a.m. Eastern Time and will be available after AES on the Zogenix Newsroom site. Authors will be available to discuss their data with attendees during the following times:

  • Efficacy and Tolerability of Adjunctive FINTEPLA (Fenfluramine Hydrochloride) in an Open-Label Extension Study of Dravet Syndrome Patients Treated for
    U
    p to
    3 Years

    Scheffer, Devinsky, Perry et al

    Poster #978

    Authors available:
    Monday,
    December
    7
    ,
    1:30

    3
    :
    0
    0
    P
    M
    ET
  • Treatment with FINTEPLA (Fenfluramine) in Patients with Dravet Syndrome has no Long-Term Effect on Weight and Growth

    Gil-Nagel, Ceulemans, Wirrell et al

    Poster #977

    Authors available:
    Monday,
    December
    7
    ,
    1:30

    3
    :
    0
    0
    P
    M
    ET
  • Fenfluramine (FINTEPLA)
    P
    rovides Comparable Clinical Benefit in Adults and Children with Dravet Syndrome: Real-World Experience from the US Early Access Program

    Perry, Knupp, Wirrell, et al

    Poster #1057

    Authors available:
    Monday,
    December
    7
    ,
    1:30

    3
    :
    0
    0
    P
    M
    ET
  • The Long-Term Effects of Fenfluramine on Patients with Dravet Syndrome and Their Families: A Qualitative Analysis

    Jensen, Salem, Gammaitoni et al

    Poster #418

    Authors available:
    Sunday
    ,
    December 6, 12:00 – 1:30 PM
    ET
  • University of Washington Caregiver Stress Scale Translations

    Amtmann, Bamer, Salem et al

    Poster #287

    Authors available: Sunday
    ,
    December 6, 12:00 – 1:30 PM
    ET
  • Fenfluramine (FINTEPLA) in Dravet Syndrome: Results of a Third Randomized, Placebo-Controlled Clinical Trial

    Sullivan, Lagae, Cross et al

    Poster #853

    Authors available:
    Monday,
    December
    7
    ,
    9
    :00 – 1
    0
    :30
    A
    M
    ET
  • Efficacy and Tolerability with FINTEPLA (Fenfluramine) in Adult Patients with Dravet Syndrome: A Case Series of Patients Participating in Phase 3 Studies

    Miller, Devinsky, Auvin et al

    Poster #849

    Authors available:
    Monday,
    December
    7
    ,
    9
    :00 – 1
    0
    :30
    A
    M
    ET
  • Fenfluramine for the Treatment of Patients with Lennox-Gastaut Syndrome: A Randomized, Double-Blind, Placebo-Controlled Clinical Trial

    Knupp, Lagae, Arzimaniglou et al

    Poster #852

    Authors available:
    Monday,
    December
    7
    ,
    9
    :00 – 1
    0
    :30
    A
    M
    ET
  • Fenfluramine to Treat Convulsive Seizures in Patients with CDKL5 Deficiency Disorder

    Devinsky, King,
    and
    Price

    Poster #1060

    Authors available:
    Monday,
    December
    7
    ,
    1:30

    3
    :
    0
    0
    P
    M
    ET

Scientific Exhibit Room

All posters from the main conference above, plus the two additional Scientific Exhibit Room posters, will be available in the Zogenix Scientific Exhibit Room. Questions regarding data in the Scientific Exhibition Room will be answered during a live discussion on Sunday, December 6, from 8:00 – 11:00 a.m. Eastern Time.

  • Impact of FINTEPLA (
    F
    enfluramine) on the Incidence Rate of SUDEP in Patients with Dravet Syndrome

    Cross, Galer, Gil-Nagel et al
  • Fenfluramine Prevents Audiogenic Seizures in a 129/SvTer Mouse Model of Sudden Unexpected Death in Epilepsy (SUDEP)

    Martin, Biraben, Harnandez et al

Satellite Symposium:

Zogenix is proud to sponsor the Industry CME Satellite Symposium: An Update on Rare Childhood-Onset Epilepsies, which will be held on Sunday, December 6, from 6:00 – 7:30 p.m. Eastern Time with the following speakers and topics:

  • Epileptic Encephalopathies: Phenotypic Evolution

    Elaine Wirrell, M.D., FRCPC
    (Program Chair)
  • Mechanisms of Epileptogenesis in a Zebrafish Model of Dravet Syndrome

    Camila V. Esguerra, Ph
    .
    D
    .,
  • An Update on Sunflower Syndrome: Clinical Features and Treatment Challenges

    Elizabeth
    Thiele
    , M.D., Ph.D.
  • An Update on CDKL5 Deficiency Disorder: Clinical Presentations, Genetic Variation, and Approaches to Treatment

    Orrin
    Devinsky
    , M.D.

About Dravet Syndrome

Dravet syndrome is a rare and devastating infant-onset epilepsy highly correlated with a mutation in the SCN1A gene. The disease is marked by frequent debilitating seizures, lifelong developmental and motor impairments, and an increased risk of sudden death (SUDEP). In addition to its impact on the patient, the severity and unpredictability of the disease, coupled with around-the-clock concern for the diagnosed child’s well-being, can present significant emotional and logistical challenges for all members of the family.

About Lennox-Gastaut Syndrome

Lennox-Gastaut Syndrome (LGS) is a rare and devastating lifelong childhood-onset epilepsy that can arise from multiple different causes. LGS is characterized by many different seizure types, including many that result in frequent falls and injuries and that often don’t respond to currently available seizure medications The intellectual and behavioral problems associated with LGS, as well as around-the-clock care requirements, add to the complexity of life with this disease.

About CDKL5 Deficiency Disorder

CDKL5 deficiency disorder is a rare developmental epileptic encephalopathy caused by mutations in the CDKL5 gene. The hallmarks are early-onset, intractable epilepsy and neurodevelopmental delay impacting cognitive, motor, speech, and visual function. Although rare, it one of the most common forms of genetic epilepsy.

About FINTEPLA

®

(fenfluramine) oral solution

FINTEPLA (fenfluramine) oral solution is approved in the United States, has received a positive CHMP opinion in Europe, and is in development in Japan for the treatment of seizures associated with Dravet syndrome, and is being investigated as a potential treatment for Lennox-Gastaut syndrome (LGS) and other rare and severe childhood-onset epilepsy disorders.

United States

IMPORTANT SAFETY INFORMATION

Boxed WARNING: VALVULAR HEART DISEASE and PULMONARY ARTERIAL HYPERTENSION

  • There is an association between serotonergic drugs with 5

    HT2B receptor agonist activity, including fenfluramine (the active ingredient in FINTEPLA), and valvular heart disease and pulmonary arterial hypertension.
  • Echocardiogram assessments are required before, during, and after treatment with FINTEPLA.
  • FINTEPLA is available only through a restricted program called the FINTEPLA REMS.

Contraindications

FINTEPLA is contraindicated in patients with hypersensitivity to fenfluramine or any of the excipients in FINTEPLA and with concomitant use of, or within 14 days of the administration of monoamine oxidase inhibitors because of an increased risk of serotonin syndrome.

WARNINGS AND PRECAUTIONS

Valvular Heart Disease and Pulmonary Arterial Hypertension (see boxed Warning)

Because of the association between serotonergic drugs with 5‑HT2B receptor agonist activity, including fenfluramine (the active ingredient in FINTEPLA), and valvular heart disease and pulmonary arterial hypertension, cardiac monitoring via echocardiogram is required prior to starting treatment, during treatment, and after treatment with FINTEPLA concludes. Cardiac monitoring via echocardiogram can aid in early detection of this condition. In clinical trials of up to 3 years in duration, no patient receiving FINTEPLA developed valvular heart disease or pulmonary arterial hypertension.

Monitoring

Prior to starting treatment, patients must undergo an echocardiogram to evaluate for valvular heart disease and pulmonary arterial hypertension. Echocardiograms should be repeated every 6 months, and once 3-6 months post-treatment with FINTEPLA.

If valvular heart disease or pulmonary arterial hypertension is observed on an echocardiogram, the prescriber must consider the benefits versus the risks of initiating or continuing treatment with FINTEPLA.

FINTEPLA REMS Program (see boxed Warning)

In the United States, FINTEPLA is available only through a restricted distribution program called the FINTEPLA REMS program. Prescribers must be certified by enrolling in the FINTEPLA REMS program. Prescribers must Counsel patients receiving FINTEPLA about the risk of valvular heart disease and pulmonary arterial hypertension, how to recognize signs and symptoms of valvular heart disease and pulmonary arterial hypertension, the need for baseline (pretreatment) and periodic cardiac monitoring via echocardiogram during FINTEPLA treatment, and cardiac monitoring after FINTEPLA treatment. Patients must enroll in the REMS program and comply with ongoing monitoring requirements. The pharmacy must be certified by enrolling in the REMS program and must only dispense to patients who are authorized to receive FINTEPLA. Wholesalers and distributors must only distribute to certified pharmacies. Further information is available at www.FinteplaREMS.com or by telephone at 1-877-964-3649.

Decreased Appetite and Decreased Weight

FINTEPLA can cause decreases in appetite and weight. Decreases in weight appear to be dose related. Most patients resumed the expected measured increases in weight by the end of the open-label extension study. Weight should be monitored regularly during treatment with FINTEPLA and dose modifications should be considered if a decrease in weight is observed.

Somnolence, Sedation, and Lethargy

FINTEPLA can cause somnolence, sedation, and lethargy. Other central nervous system (CNS) depressants, including alcohol, could potentiate these effects of FINTEPLA. Prescribers should monitor patients for somnolence and sedation and should advise patients not to drive or operate machinery until they have gained sufficient experience on FINTEPLA to gauge whether it adversely affects their ability to drive or operate machinery.

Suicidal Behavior and Ideation

Antiepileptic drugs (AEDs) increase the risk of suicidal thoughts or behavior in patients taking these drugs for any indication. Patients treated with an AED for any indication should be monitored for the emergence or worsening of depression, suicidal thoughts or behavior, or any unusual changes in mood or behavior.

Anyone considering prescribing FINTEPLA or any other AED must balance the risk of suicidal thoughts or behaviors with the risk of untreated illness. Epilepsy and many other illnesses for which AEDs are prescribed are themselves associated with morbidity and mortality and an increased risk of suicidal thoughts and behavior. Should suicidal thoughts and behavior emerge during treatment, consider whether the emergence of these symptoms in any given patient may be related to the illness being treated.

Withdrawal of Antiepileptic Drugs

As with most AEDs, FINTEPLA should generally be withdrawn gradually because of the risk of increased seizure frequency and status epilepticus. If withdrawal is needed because of a serious adverse reaction, rapid discontinuation can be considered.

Serotonin Syndrome

Serotonin syndrome, a potentially life-threatening condition, may occur with FINTEPLA, particularly with concomitant administration of FINTEPLA with other serotonergic drugs, including, but not limited to, selective serotonin-norepinephrine reuptake inhibitors (SNRIs), selective serotonin reuptake inhibitors (SSRIs), tricyclic antidepressants (TCAs), bupropion, triptans, dietary supplements (eg, St. John’s Wort, tryptophan), drugs that impair metabolism of serotonin (including monoamine oxidase inhibitors [MAOIs], which are contraindicated with FINTEPLA, dextromethorphan, lithium, tramadol, and antipsychotics with serotonergic agonist activity. Patients should be monitored for the emergence of signs and symptoms of serotonin syndrome, which include mental status changes (eg, agitation, hallucinations, coma), autonomic instability (eg, tachycardia, labile blood pressure, hyperthermia), neuromuscular signs (eg, hyperreflexia, incoordination), and/or gastrointestinal symptoms (eg, nausea, vomiting, diarrhea). If serotonin syndrome is suspected, treatment with FINTEPLA should be stopped immediately and symptomatic treatment should be started.

Increase in Blood Pressure

FINTEPLA can cause an increase in blood pressure. Significant elevation in blood pressure, including hypertensive crisis, has been reported rarely in adult patients treated with fenfluramine, including patients without a history of hypertension. Monitor blood pressure in patients treated with FINTEPLA. In clinical trials of up to 3 years in duration, no patient receiving FINTEPLA developed hypertensive crisis.

Glaucoma

Fenfluramine can cause mydriasis and can precipitate angle closure glaucoma. Consider discontinuing treatment with FINTEPLA in patients with acute decreases in visual acuity or ocular pain.

Adverse Reactions

The most common adverse reactions (incidence at least 10% and greater than placebo) were decreased appetite; somnolence, sedation, lethargy; diarrhea; constipation; abnormal echocardiogram; fatigue, malaise, asthenia; ataxia, balance disorder, gait disturbance; blood pressure increased; drooling, salivary hypersecretion; pyrexia; upper respiratory tract infection; vomiting; decreased weight; fall; status epilepticus.

Drug Interactions

Strong CYP1A2 and CYP2B6 Inducers: Coadministration with rifampin or a strong CYP1A2 and CYP2B6 inducer will decrease fenfluramine plasma concentrations.

Consider an increase in FINTEPLA dosage when coadministered with rifampin or a strong CYP1A2 and CYP2B6 inducer.

Use in Specific Populations

Administration to patients with moderate or severe renal impairment or to patients with hepatic impairment is not recommended.

Please see full Prescribing Information, including Boxed Warning, for additional important information on FINTEPLA.

About Zogenix

Zogenix is a global biopharmaceutical company committed to developing and commercializing therapies with the potential to transform the lives of patients and their families living with rare diseases. The company’s first rare disease therapy, FINTEPLA® (fenfluramine) oral solution, C-IV is approved by the U.S. FDA, has received positive CHMP opinion in Europe, and is in development in Japan for the treatment of seizures associated with Dravet syndrome, a rare, devastating infant-onset epilepsy. FINTEPLA is also in development for the treatment of seizures associated with Lennox-Gastaut syndrome, another rare and devastating childhood-onset epilepsy. Through its subsidiary Modis Therapeutics, Zogenix is developing MT1621, an investigational novel deoxynucleoside substrate enhancement therapy for the treatment of TK2 deficiency, a rare genetic disorder.

Forward Looking Statements

Zogenix cautions you that statements included in this press release and the poster presentations that are not a description of historical facts are forward-looking statements. Words such as “believes,” “anticipates,” “plans,” “expects,” “indicates,” “will,” “intends,” “potential,” “suggests,” “assuming,” “designed,” and similar expressions are intended to identify forward-looking statements. These statements include Zogenix’s development plans for FINTEPLA in Lennox-Gastaut syndrome (LGS) and CDKL5 deficiency disorder and for MT1621, and the potential clinical value that FINTEPLA provides for Dravet syndrome, LGS and CDKL5 deficiency disorder patients and their families. These statements are based on Zogenix’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Zogenix that any of its plans will be achieved. Actual results may differ from those set forth in this release due to the risks and uncertainties inherent in Zogenix’s business, including, without limitation: the timing of enrollment or results of Zogenix’s clinical trials; the COVID-19 pandemic may disrupt Zogenix’s business operations, impairing the ability to complete the planned studies of MT1621; unexpected adverse side effects or inadequate therapeutic efficacy of FINTEPLA or MT1621 that could limit development or commercialization, or that could result in recalls or product liability claims; additional data from Zogenix’s ongoing studies may contradict or undermine the data reported for Dravet syndrome or other indications; and other risks described in Zogenix’s prior press releases as well as in public periodic filings with the U.S. Securities & Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Zogenix undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement. This caution is made under the safe harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995.

CONTACTS:

Zogenix

Melinda Baker
Senior Director, Corporate Communications
+1 (510) 788-8732
[email protected]

Investors

Brian Ritchie
Managing Director, LifeSci Advisors LLC
+1 (212) 915-2578
[email protected]

Media

Stefanie Tuck, Vice President, Porter Novelli
+1 (978) 390-1394
[email protected]



IMPORTANT SHAREHOLDER UPDATE: Interface, Inc. Sued for Violations of the Federal Securities Laws; Investors Should Contact Block & Leviton LLP

BOSTON, Dec. 01, 2020 (GLOBE NEWSWIRE) — On September 28, 2020, Interface, Inc. (NASDAQ: TILE) announced the conclusion of the long-awaited investigation by the U.S. Securities and Exchange Commission into Interface’s historical quarterly earnings per share calculations and rounding practices. Interface agreed to pay a $5 million fine to resolve the matter, and was ordered to cease-and-desist from violating the federal securities laws. On this news, shares of Interface common stock fell precipitously.

According to the Wall Street Journal, the SEC had charged Interface for reporting earnings that did not comply with the Generally Accepted Accounting Principles for multiple quarters in 2015 and 2016. Interface allegedly made unsupported, manual accounting adjustments, often when internal forecasts indicated the Company would fall short of Wall Street estimates, the SEC found. Per the SEC, Interface would then report earnings that met or exceeded those consensus estimates. In addition to the Company’s $5 million fine, two of Interface’s former executives agreed to pay penalties of $45,000 and $70,000.

A lawsuit alleging violations of federal securities laws has been filed against Interface and certain of its officers and directors. The suit alleges that beginning in March 2018, Interface misled investors by, among other things, reporting artificially inflated income and earnings per share in 2015 and 2016, failing to disclose and/or downplaying that Interface and certain of its employees were under investigation by the SEC, and having inadequate disclosure controls and procedures and internal controls over financial reporting. The lawsuit was filed in the U.S. District Court for the Eastern District of New York, and is captioned Swanson v. Interface, Inc., et al., No. 20-cv-5518.

If you purchased or acquired shares of Interface between March 2, 2018 and September 28, 2020, and have questions about your legal rights or possess information relevant to this matter, please contact Block & Leviton attorneys at (617) 398-5600, via email at [email protected], or at https://www.blockleviton.com/cases/tile. The deadline to move the Court to be appointed lead plaintiff is January 11, 2021.

Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country’s financial markets. The firm represents many of the nation’s largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm’s lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: [email protected] 
SOURCE: Block & Leviton LLP
www.blockleviton.com 



Ecoark Provides Update on National Exchange Uplist Initiative

SAN ANTONIO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Ecoark Holdings, Inc. (“Ecoark” or the “Company”) (OTC: ZEST) announced today an update on its ongoing initiative to uplist to a leading national stock exchange.

On August 17, 2020, Ecoark submitted its initial listing application to a national exchange, and on November 6, 2020, the Company filed a Form 10-Q for the fiscal quarter ended September 30, 2020 with a stockholder’s equity balance that exceeded the minimum uplisting requirements.

On November 25, 2020, the Company received feedback from an exchange representative indicating that the Company should address the voting rights implications of its Series A-1 Preferred Stock and otherwise evidence a share price that is sufficient to meet the minimum price requirements for listing on the exchange.   

In response, on November 30, 2020, the Company’s Board of Directors voted unanimously to accept the following motions:

  • to redeem at cost the sole share of Series A-1 Preferred Stock issued on November 12, 2020 to Randy May, Chief Executive Officer of Ecoark;
  • to revoke the entire series of Series A-1 Preferred Stock through a filing with the State of Nevada such that no additional shares of Series A-1 Preferred Stock may be issued;
  • to amend the record date and meeting date of the Company’s upcoming special shareholder meeting to December 2, 2020, and December 29, 2020, respectively; and,
  • to implement a 1-for-5 reverse split of its common shares, which will adjust both the Company’s total authorized and outstanding shares by the same ratio without the need for shareholder approval.

“We believe that there is significant unmet demand from institutional investors interested in accumulating Ecoark stock pending a national exchange listing and share price over $5.00,” said Randy May, Chief Executive Officer of Ecoark. “I respectfully request that our shareholders disregard any mailings they may receive for the originally planned December 16, 2020 special shareholder meeting, and instead prepare to cast their vote on December 29, 2020. With a majority vote to accept all proposed initiatives, we believe that Ecoark will have a clear path to uplist to a national stock exchange.”

Under Nevada law, the Company can effect a reverse stock split without shareholder approval by reducing its authorized common stock proportionately. Further details will be provided in a new proxy statement to be distributed in the coming days.

About Ecoark Holdings, Inc.

Founded in 2011, Ecoark is a diversified holding company. The company has three wholly-owned subsidiaries: Zest Labs, Inc. (“Zest Labs”), Banner Midstream Corp (“Banner Midstream”) and Trend Discovery Holdings (“Trend Discovery”). Zest Labs, offers the Zest Fresh™ solution, a breakthrough approach to quality management of fresh food, is specifically designed to help substantially reduce the amount of food loss the U.S. experiences each year. Banner Midstream is engaged in oil and gas exploration, production, and drilling operations on over 20,000 cumulative acres of active mineral leases in Texas, Louisiana, and Mississippi. Banner Midstream also provides transportation and logistics services and procures and finances equipment to oilfield transportation services contractors. Trend Discovery invests in a select number of early stage startups each year as part of the fund’s Venture Capital strategy; we are open-minded investors with a founder-first mentality. Trend Discovery LP has an audited track record of uncorrelated outperformance of the S&P 500 since inception.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including our expectations regarding the listing of our common stock on a national securities exchange. The words “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. These statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside management’s control. Important factors that could cause actual results to differ from those in exchange’s initial listing requirements and the voting at the special shareholders meeting. Additional risks and uncertainties are identified and discussed in Ecoark’s filings with the SEC, including the Annual Report on Form 10-K for the fiscal year ended March 31, 2020 and the registration statement on Form S-3 filed on October 16, 2020. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Additional 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 statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

ZEST FRESH™ and Zest Labs™ are trademarks of Zest Labs, Inc.

Contact:

Investor Relations:
John Mills
ICR                                                       
646-277-1254                                                
[email protected]

 



Verisk Reinforces Its Customer First Approach, Expands Medallia Relationship

Increases Insights that Foster Real Time Innovation, Cultivate Customer Loyalty

JERSEY CITY, NJ, Dec. 01, 2020 (GLOBE NEWSWIRE) — As part of its commitment to continuously improve the customer experience, Verisk (Nasdaq:VRSK), a leading global data analytics provider serving the insurance, energy, and financial services markets, today announced an expanded relationship with Medallia (NYSE:MDLA), a leading provider of engagement technology for customers, employees, and citizens.

With the expanded relationship, the Verisk team will have access to Medallia’s customer and employee engagement solutions, ideation crowdsourcing tool, and customer success platform. These tools will help the Verisk team more quickly understand customer trends and challenges, and identify real-time advancements that can cultivate customer value and loyalty. 

“Verisk is guided by a ‘customer first’ approach. Combining our AI technology with Medallia’s solutions will make it easier and faster for us to introduce our customers’ feedback into the design process,” said Scott Stephenson, Verisk president and CEO. “Our customer experience strategy is driven by a continual loop of product innovation, enhancement, and refinement. What better way to shape and advance our solutions than by listening to and applying insights from those who use them most?”

The expanded Medallia footprint reflects Verisk’s commitment to continuously enhance customer experience across its enterprise. With the insights gleaned from the additional analytic capabilities, Verisk will have a stronger understanding of how customers interact with its solutions, and be equipped to better serve and anticipate their needs.

“When you combine the power of a leading customer and employee experience platform, with an ideation solution and customer success tools, you have a solution set that can drive business growth, even in current times,” said Leslie Stretch, Medallia CEO. “Verisk is a recognized innovator in the data analytics space. Our work together will uncover new insights that can help Verisk make immediate improvements and provide its customers with the best experience.”

About Medallia

Medallia (NYSE:MDLA) is the pioneer and market leader in Experience Management. Medallia’s award-winning SaaS platform, the Medallia Experience Cloud, leads the market in the understanding and management of experience for customers, employees and citizens. Medallia captures experience signals created on daily journeys in person, on calls and digital channels, over video and social media and IoT interactions and applies proprietary AI technology to reveal personalized and predictive insights that can drive action with tremendous business results. Using Medallia Experience Cloud, customers can reduce churn, turn detractors into promoters and buyers, create in-the-moment cross-sell and up-sell opportunities and drive revenue-impacting business decisions, providing clear and potent returns on investment.

About Verisk

Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets. Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poor’s S&P 500® Index and part of the Nasdaq 100 Index. For more information, please visit www.verisk.com.

Contacts:

Brett Garrison
[email protected]
(917) 639-4903

Valerie Beaudett
[email protected]
(650) 400-7833

Carolyn Bass
[email protected]



Star Group, L.P. to Host Fiscal 2020 Fourth Quarter Webcast and Conference Call December 8, 2020

STAMFORD, Conn., Dec. 01, 2020 (GLOBE NEWSWIRE) — Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2020 fourth quarter and full year results after the close of trading on December 7, 2020. Members of Star’s management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, December 8, 2020, to review the three and twelve months ended September 30, 2020.

The webcast will be accessible on the company’s website, at www.stargrouplp.com, and the telephone number for the conference call is 877-327-7688 (or 412-317-5112 for international callers).     

About Star
Group
, L.P.

Star Group, L.P. is a full service energy provider specializing in the sale of home heating oil and propane to residential and commercial customers primarily within the Northeast, Central and Southeast United States. The Company also sells gasoline and diesel fuel as well as installs, maintains, and repairs various heating and air conditioning equipment; to a lesser extent, it provides these ancillary services outside its product customer base, including service contracts for natural gas and other heating systems. Star is the nation’s largest retail distributor of home heating oil based upon sales volume. Additional information is available by obtaining the Company’s SEC filings at www.sec.gov and by visiting Star’s website at www.stargrouplp.com, where unit holders may request a hard copy of Star’s complete audited financial statements free of charge.

Forward Looking Information

This news release includes “forward-looking statements” which represent our expectations or beliefs concerning future events that involve risks and uncertainties, including those associated with the severity and duration of the novel coronavirus, or COVID-19, pandemic, the pandemic’s impact on the U.S. and global economies, the timing, scope and effectiveness of federal, state and local governmental responses to the pandemic, the effect of weather conditions on our financial performance, the price and supply of
the products that we sell, the consumption patterns of our customers, our ability to obtain satisfactory gross profit margins, our ability to obtain new customers and retain existing customers, our ability to make strategic acquisitions, the impact of litigation, our ability to contract for our current and future supply needs, natural gas conversions, future union relations and the outcome of current and future union negotiations, the impact of current and future governmental regulations, including climate change, environmental, health, and safety regulations, the ability to attract and retain employees, customer credit worthiness, counterparty credit worthiness, marketing plans, potential cyber-attacks, general economic conditions and new technology.
All statements other than statements of historical facts included in this news release are forward-looking statements. Without limiting the foregoing, the words “believe,” “anticipate,” “plan,” “expect,” “seek,” “estimate” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such expectations will prove to be correct and actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to, those set forth under the heading “Risk Factors” and “Business Strategy” in our Annual Report on Form 10- K (the “Form 10-K”) for the fiscal year ended September 30, 2019. Important factors that could cause actual results to differ materially from the Company’s expectations (“Cautionary Statements”) are disclosed in this news release and in the Form 10-Q.
Currently, one of the most significant factors, however, is the potential adverse effect of the pandemic of the novel coronavirus, or COVID-19, on the financial condition, results of operations, cash flows and performance of the Company and its customers and counterparties and the global economy and financial markets. The extent to which COVID-19 impacts us and our customers will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the pandemic, the actions taken to contain the pandemic or mitigate its impact, and the direct and indirect economic effects of the pandemic and containment measures, among others.
All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the Cautionary Statements. Unless otherwise required by law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this news release.

CONTACT:  
Star Group Chris Witty
Investor Relations Darrow Associates, Inc.
203/328-7310 646/438-9385 or [email protected]



Ether Capital Corporation Announces Initial Commitment to Staking on Ethereum 2.0

Ether Capital Corporation Announces Initial Commitment to Staking on Ethereum 2.0

TORONTO–(BUSINESS WIRE)–
Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO:ETHC) announces that it has begun participating in staking on the newly launched Ethereum 2.0 network and has committed to running a validator node on the network.

Ether Capital’s validator has been running since Ethereum 2.0’s genesis block which was confirmed at approximately 7:00am ET on December 1, 2020.

Ethereum has begun the transition to a “proof of stake” protocol, where Ether holders are given the exclusive right to verify transactions and participate in consensus, thereby earning inflationary block rewards. Ethereum 2.0 has “proof of stake” as its consensus mechanism and is considered the successor to the existing Ethereum blockchain.

In order to “stake”, a minimum deposit of 32 Ether, currently valued at approximately US$20,000, must be sent from the existing Ethereum blockchain to the Ethereum 2.0 blockchain. Ether Capital has made this deposit and is currently running one validator, which is bonded by its 32 Ether deposit. The annual Ether-denominated staking return, or yield, is currently over 16%, based on the number of Ether currently staked, according to data from the Ethereum Foundation.

Brian Mosoff, Ether Capital’s CEO, said: “The launch of Ethereum 2.0 is an exciting and historic milestone in the digital asset space and we are thrilled to be part of it by running a validator. The transition to staking has been part of Ether Capital’s roadmap since inception and means that Ether holders are now ableto generate an Ether-denominated return, or yield, by participating in network validation.”

“Once we see the Ethereum 2.0 blockchain running in a stable fashion over a period of time and are able to fully understand and mitigate applicable risks, Ether Capital intends to make a more substantial commitment of its Ether balance to staking,” continued Mr. Mosoff.

Ether Capital has entered into an agreement with Staked, an industry leading blockchain services provider, to run its Ethereum 2.0 validator.

Tim Ogilvie, Staked’s CEO, said: “We are excited to be working with the team at Ether Capital on running its validator. Staked has built a reputation for ease and reliability for proof of stake services and we are grateful for the trust that Ether Capital has put in us.”

About Ether Capital Corporation

Ether Capital is a Toronto-based technology company whose business strategy is to invest in projects, protocols, technologies and businesses that leverage the Ethereum ecosystem and decentralized (“Web 3”) technologies. Ether Capital is pursuing a long term business model built on three pillars: (i) investing in Ether to facilitate participation in the Ethereum ecosystem, (ii) investing in tokens or equity of other projects aimed at developing technology for decentralized applications, and (iii) ancillary blockchain services that generate income from passive assets. Founded by an experienced Board of Directors and management team, Ether Capital has the experience and relationships to support businesses and invest in industry-shifting disruptive technologies. For more information, visit http://ethcap.co/.

This press release is not an offer of securities for sale in the United States, and the securities described in this press release may not be offered or sold in the United States absent registration or an exemption from registration. The securities have not been and will not be registered under the United States Securities Act of 1933. The NEO Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements in regard to the Ethereum platform and protocol, the timing and implications of Ethereum’s proof of stake network upgrade (including launch of the beacon chain), the Company’s plans with respect to providing future updates on proof of stake developments, Ether Capital’s future plans to make a greater commitment of its Ether holdings to staking, the potential for Ether Capital to earn an Ether-denominated yield on a portion of its Ether holdings that it devotes to staking, the market for crypto-assets, the anticipated transaction settlement volume over Ethereum in 2020, and the Company’s business, plans and strategy. The Company cautions the reader not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. Generally, but not always, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “on pace”, “anticipates”, or “does not anticipate”, “believes”, and similar expressions or state that certain actions, events or results “may”, “could”, “would”, “should”, “might”, or “will” be taken, occur or be achieved.

Forward-looking statements are based on information available to management at the time they are made, management’s current plans, estimates, assumptions, judgments and expectations. These estimates, assumptions, judgments and expectations include that the COVID-19 pandemic and the response to it will not have a materially different impact on the Company’s business and assets than currently anticipated by management, that there will be an eventual recovery of global economic conditions, that Ethereum 2.0 upgrades will occur on the timelines anticipated and will contain the functionality expected by management, and other matters discussed in the Company’s materials filed with the Canadian securities regulatory authorities from time to time. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: general business, economic, competitive, geopolitical, technological and social uncertainties; uncertainties in regard to the development and acceptance of blockchain technology and the Ethereum platform (including Ethereum 2.0), anticipated timing and impact of the Ethereum 2.0 network upgrade, that the risk that the price of Ether may materially decline, the impact of the outbreak of the COVID-19 coronavirus on the Company, and the other risk factors discussed in the Company’s Annual Information Form dated March 25, 2020, the Risk Factors section in its most recently filed management’s discussion and analysis and its other filings available on-line at www.sedar.com. Although the forward-looking information contained in this press release is based on assumptions that the Company believes to be reasonable at the date such statements are made, there can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. In addition, the Company cautions the reader that information provided in this press release is provided in order to give context to the nature of some of the Company’s future plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update or revise any forward-looking information, except in accordance with applicable securities laws.

For further information concerning this press release, please contact:

Brian Mosoff

Chief Executive Officer

Ether Capital

1-416-583-5541

http://ethcap.co/

Stefan Coolican

President and Chief Financial Officer

Ether Capital

1-416-583-5541

http://ethcap.co/

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Professional Services Data Management Technology Other Technology Software Finance Networks

MEDIA:

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BisRing’s Website Enhancement Significantly Assists Real Estate Investors & Service Providers

BisRing announces a website relaunch, while offering up to two-months free for their ProBisRinger Gold membership, until the end of the year

RICHMOND HILL, Ontario, Dec. 01, 2020 (GLOBE NEWSWIRE) — BisRing, The Ultimate Real Estate Network, is pleased to announce the enhancement of its online platform. The new site comes with a superior design to better improve user experience and highlight the benefits for both real estate investors and service providers.

The sleek, intuitive interface features an optimized home page with an improved search bar, allowing investors and other users to easily search for an expansive directory of real estate related services. A great extended feature is the option for investors to request a free quote from one of the trusted ProBisRinger service providers. Furthermore, the improved and comprehensive ‘Plans and Pricing’ page allows ProBisRingers to see all the benefits that they will get by becoming a ProBisRinger Lite or Gold.

Real Estate service providers will be pleased to learn that they can get their first two months absolutely free! BisRing unveiled the promo code bisring2020 to further extend this offer and add an additional month FREE. After 3 months once the no-cost promotional period ends the subscribers will be paying only $9.99/month for the ProBisRinger Gold subscription. It is important to mention that in the new year, BisRing will increase their monthly subscription to $27.00 per month, so the company encourages real estate service providers to act fast to take advantage of this time-sensitive $9.99/month cost. There are absolutely no hidden costs or contracts involved.

This year has brought many opportunities for growth in the BisRing community! The organization has recently become a part of the ventureLab incubator. This partnership has allowed BisRing to become an innovative organization in the PropTech industry, while gaining access to great advisory members.

BisRing has also added a co-founder, Umesh Vallipuram, to the company in which they are happy to share his wealth of knowledge from the financial sector, and expect him to become a catalyst for future growth.

“We are excited to share that Umesh Vallipuram has joined BisRing as a Co-founder bringing with him wealth of experience and knowledge in the financial industry”, advises Akilan Theva the President and CEO at BisRing.

There have also been two full-time additions to the team which include a Business Development Associate and a Full-Stack Developer. With their skill set and shared passion for the entrepreneurship and real estate industry, there can only be expansive progress from here. BisRing is also actively looking to add an enthusiastic Account Executive beginning in January 2021.

BisRing is empowering real estate investors to grow their investment portfolio and enjoy passive income while retiring early. An organization like this is beneficial for investors, in that it allows investors to find various service providers in one platform, such as: real estate agents, mortgage brokers, plumbers, architects, house cleaners, lawyers, interior designers and more! Traditionally, investors had to visit multiple platforms to find these service providers or ask around in their network. Other benefits include the option to: request a free quote from a service provider, access vetted reviews, create ‘Virtual Teams’ in multiple cities across Ontario to keep contacts up to date, and the ability to recommend real estate businesses for others in their network.

As a ProBisRinger Gold, service providers can market their real estate services across Ontario for less than $1 a day. BisRing strives to help real estate service providers increase their visibility and reputation so they can generate more business. Some of the benefits for a service provider include: the ability to receive free leads, utilize multiple branded promotions to market their businesses in various cities, and recommend complimentary businesses.

Once again, with a new online platform enhancement BisRing is offering up to two months free for their ProBisRinger Gold membership, as well as the option to extend the free period with the use of a coupon code bisring2020. This is an exciting time for the BisRing team and they look forward to what 2021 has in store!

About
BisRing
Inc.

BisRing is a revolutionary network of real estate resources in a single online platform. It connects real estate investors and homeowners with reputable service providers and businesses help manage and maintain properties seamlessly.

Get in touch with the BisRing team and find out more information:

Website: https://www.bisring.com
Twitter: https://twitter.com/BisRingInc
Facebook: https://www.facebook.com/BisRingCo
LinkedIn: https://www.linkedin.com/company/bisring/
Instagram: @_bisring, https://www.instagram.com/_bisring/

Contact: Zara Sara Jhangiryan
Email: [email protected]
Phone: +1 647-783-2571
Website: https://www.bisring.com/



Jushi Holdings Inc. Announces Listing of 10% Senior Secured Notes Due January 15, 2023 on the Canadian Securities Exchange

BOCA RATON, Fla., Dec. 01, 2020 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced today that the Company has listed for trading on the Canadian Securities Exchange $76,352,000 of 10% senior secured notes due January 15, 2023 (the “Public Notes”). The Public Notes are listed under the symbol “JUSH.db”.

The Public Notes were issued to certain holders of the Company’s existing 10% senior secured notes due January 15, 2023 (the “Private Notes”, and together with the Public Notes, the “Notes”) who elected to exchange their Private Notes for Public Notes in the same principal amount (the “Exchange”). Holders of Private Notes representing an aggregate principal amount of $76,352,000 elected to participate in the Exchange, which occurred on December 1, 2020. Holders of Private Notes representing an aggregate principal amount of $6,975,000 elected to retain their Private Notes. An aggregate of approximately $83,327,000 of Public Notes and Private Notes remain outstanding.

The Notes bear interest at 10% per annum, payable quarterly on March 31, June 30, September 30 and December 31 of each year to, but excluding, the maturity date of the Notes. The first Interest payment date for the Public Notes will be December 31, 2020 for the stub period from December 1 to, and including, December 31, 2020.

The Company’s obligations under the Notes are secured by the assets of the Company and certain of its subsidiaries (subject to certain exclusions) and are guaranteed by certain of the Company’s subsidiaries. The Public Notes were issued pursuant to the terms of a trust indenture between the Company and Odyssey Trust Company, as trustee, dated as of November 20, 2020, which is available under the Company’s profile on SEDAR at www.sedar.com.

“We’re excited to provide our investors that hold our notes with the opportunity to have such notes listed and traded on the Canadian Securities Exchange and would like to sincerely thank them for supporting Jushi’s vision as we build the leading vertically integrated multi-state operator,” said Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi. “With the capital that we have raised to date, we have strategically expanded into high-quality, high-growth markets and are well positioned to accelerate our momentum as we head into 2021.”

About Jushi Holdings Inc.

We are a vertically integrated cannabis company led by an industry-leading management team. In the United States, Jushi is focused on building a multi-state portfolio of branded cannabis assets through opportunistic acquisitions, distressed workouts and competitive applications. Jushi strives to maximize shareholder value while delivering high-quality products across all levels of the cannabis ecosystem. For more information please visit www.jushico.com or our social media channels, Instagram, Facebook, Twitter and LinkedIn.

Forward-Looking Information and Statements

This press release contains certain “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 conditions but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, involve estimates, projections, plans, goals, forecasts and assumptions that may prove to be inaccurate. As a result, actual results could differ materially from those expressed by such forward-looking statements and such statements should not be relied upon. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans,” “expects” or “does not expect,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates” or “does not anticipate,” or “believes,” or variations of such words and phrases or may contain statements that certain actions, events or results “may,” “could,” “would,” “might” or “will be taken,” “will continue,” “will occur” or “will be achieved”.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has certain expectations and has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the ability of Jushi to successfully achieve business objectives, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; and compliance with extensive government regulation, as well as other risks and uncertainties which are more fully described in the Company’s Management, Discussion and Analysis for the nine months ended September 30, 2020, and other filings with securities and regulatory authorities which are available at www.sedar.com. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.


Not for distribution to United States newswire services or for dissemination in the United States.

Investor Relations Contact:

Michael Perlman
Executive Vice President of Investor Relations and Treasury
561-453-1308
[email protected]

Media Contact:

Ellen Mellody
MATTIO Communications
570-209-2947
[email protected]



JinkoSolar is Sole PV company Given Highest AAA Rating for Credit Quality in the Chinese Market

PR Newswire

SHANGRAO, China, Dec. 1, 2020 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it is the sole PV company given the highest AAA rating[1] for credit quality in the Chinese market. This highest rating is the recognition of market quality credit management capabilities and levels of a company, through a comprehensive evaluation of the Company’s credit, quality assurance capabilities, market operation capabilities and other indicators, conducted by the China Association for Quality (CAQ). With this recognition, JinkoSolar sets a new company milestone and benchmark for the rest of the PV industry in terms of user satisfaction and quality management.

Leveraging the Company’s leading intelligent manufacturing process and product quality management, JinkoSolar has become a highly respected name in the global PV industry. It continues to elevate international standards for intelligent premium quality manufacturing, with its advanced intelligent equipment and excellent quality control system, JinkoSolar has been awarded numerous international quality certifications, and its outstanding reputation has contributed to positioning Chinese manufacturers as some of the most dominant players in the global PV industry beyond China. Based on its product innovation, supply stability and a well-established global service network – JinkoSolar has been ranked first in terms of global shipments for four consecutive years[2].

“We will continue to focus on the R&D of our core technologies, and upgrade and optimize production lines to improve the quality of our PV products,” said Mr. Kangping Chen, Chief Executive Officer of JinkoSolar. “In order to further promote the development towards grid parity, we will focus our efforts on product iteration and continue to bring premium quality products to our global customers that will reduce costs and improve system efficiency. In the future, we will continue to assume the responsibility of a leading PV company, bringing to market more optimized PV products, and strongly support the global transformation to clean and green energy and drive the high-quality development of the global solar industry.”

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes it solar products and sells its solutions and services to a diversified international utility, commercial, and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 20 GW for silicon wafers, 11 GW for solar cells, and 25 GW for solar modules, as of June 30, 2020.

JinkoSolar has 9 productions facilities globally, 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina. 

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “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, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends, “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: [email protected]

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SOURCE JinkoSolar Holding Co., Ltd.