Market Newsdesk

SOUTH SAN FRANCISCO, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) — Assembly Biosciences, Inc. (Nasdaq: ASMB), a clinical-stage biotechnology company developing innovative therapeutics targeting hepatitis B virus (HBV) and diseases associated with the microbiome, today announced the appointment of Nicole S. White, PhD, as Senior Vice President of Pharmaceutical Development and Manufacturing. Dr. White brings over 20 years of experience overseeing the complexities of the chemistry manufacturing and controls process.

“Nicole will be a tremendous asset to Assembly Bio as we continue to progress our clinical development efforts, and we are thrilled to welcome her to the company,” said John McHutchison, AO, MD, Chief Executive Officer and President. “She is an established leader with proven success guiding programs throughout the entirety of the clinical lifecycle and ultimately to production of the commercial supply. Nicole will play a key strategic role in the advancement of our pipeline of core inhibitors, including vebicorvir, which we are preparing for Phase 3 studies next year.”

“I am excited to join the leadership team at Assembly Bio and to work alongside this group of world-class experts in virology,” said Dr. White. “The potential for core inhibitors to improve outcomes for people with HBV is something that I have followed with great interest, and I am eager to apply my experience and strong technical background to support the company’s commitment to bring new and long overdue treatment options to patients with chronic HBV.”

Prior to joining Assembly Bio, Dr. White headed Process Chemistry at Gossamer Bio and led chemistry, manufacturing and controls (CMC) for multiple early- and late-stage programs in development. Prior to that she held progressive leadership roles at Gilead Sciences to advance multiple programs from Phase 1 through commercial launch and helped guide the drug substance manufacturing and global outsourcing strategy. While at Gilead, Dr. White contributed to the development and commercial launch of multiple antiviral programs including Harvoni^®, Vemlidy^® and Vosevi^®. She obtained a PhD in Organic Chemistry from the University of California, Irvine and a BS in Chemistry from the University of California, San Diego.

About Assembly Biosciences

Assembly Biosciences, Inc. is a clinical-stage biotechnology company developing innovative therapeutics targeting hepatitis B virus (HBV) and diseases associated with the microbiome. The HBV program is focused on advancing a new class of potent, oral core inhibitors that have the potential to increase cure rates for chronically infected patients. The microbiome program is developing novel oral live microbial biotherapeutic candidates with Assembly’s fully integrated platform, including a robust process for strain identification and selection, GMP manufacturing expertise and targeted delivery to the lower gastrointestinal tract with the GEMICEL® technology. For more information, visit assemblybio.com.

Forward-Looking Statements

The information in this press release contains forward-looking statements regarding future events, including statements about the therapeutic potential of our HBV product candidates. Certain forward-looking statements may be identified by reference to a future period or by use of forward-looking terminology such as “will,” “advance,” and “progress.” Assembly Bio intends such forward-looking statements to be covered by the safe harbor provisions contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. More information about Assembly Bio’s risks and uncertainties are more fully detailed under the heading “Risk Factors” in Assembly Bio’s filings with the SEC, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Except as required by law, Assembly Bio assumes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor
Contact

Assembly Biosciences, Inc.
Lauren Glaser
Senior Vice President, Investor Relations and Corporate Affairs
(415) 521-3828
[email protected]

Media Contact

Sam Brown Inc.
Audra Friis
(917) 519-9577
[email protected]

SAN JOSE, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that management is scheduled to present at upcoming investor conferences. Details for each event are as follows:

Credit Suisse Technology Conference
Thursday, December 3, 2020 at 10:30 a.m. PST (1:30 p.m. EST)

UBS Global TMT Conference
Monday, December 7, 2020 at 11:50 a.m. PST (2:50 p.m. EST)

Barclays Global Technology, Media and Telecommunications Conference
Thursday, December 10, 2020 at 10:00 a.m. PST (1:00 p.m. EST)

A live and archived audio webcast of each presentation will be available on the Investor Relations section of the Zscaler website at https://ir.zscaler.com/.

About Zscaler

Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.

Zscaler™, Zscaler Zero Trust Exchange™, Zscaler Internet Access™, and Zscaler Private Access™, ZIA™, and ZPA™ and Zscaler B2B™ are either (i) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners.

Media Contact:

Tom Stilwell
[email protected]

Investor Relations Contact:

Bill Choi, CFA
[email protected]

BEIJING, Nov. 17, 2020 (GLOBE NEWSWIRE) — Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading mobile and online digital media and entertainment company in China, today announced that it has completed the closing of the subscription agreement with Hong Kong Duoku Limited, an affiliate of Baidu Yi Xin Network Technology (Beijing) Co., Ltd. (“Baidu Yi Xin”), for the issuance of 193,986 Ordinary Shares at a purchase price of $10.31 per share.

In 2011, Baidu Yi Xin was established as a joint venture between Baidu Inc., the operator of the world’s largest Chinese search engine service, and NTT Docomo Inc., the predominant mobile phone operator in Japan. By utilizing Baidu Inc.’s mobile business as its foundation, Baidu Yi Xin has refined its operations for mobile games, digital reading, and online music services to provide mobile Internet users with best-in-class entertainment services and become an independent network technology company.

“Through its affiliate, We are excited to announce the addition of Baidu Yi Xin as a strategic shareholder in Glory Star as it maintains a number of competitive advantages and is highly-regarded throughout the industry,” commented Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star. “Video content-driven e-commerce is widely expected to become the next trillion-dollar market in China as a result of the emergence and implementation of 5G technology. The strategic investment from Baidu Yi Xin once again demonstrates the favorable growth potential of both Glory Star and the video content-driven e-commerce industry as a whole in the era of 5G. As a pioneer in China’s PGC video content-driven e-commerce space, we are confident that such industry developments will be quite advantageous to our future growth trajectory. Looking ahead, we plan to continue working hand in hand with Baidu Yi Xin to both accelerate our growth and consolidate our market leading position.”

The Ordinary Shares issued to Hong Kong Duoku Limited were issued pursuant to an exemption from registration under the Securities Act of 1933 (the “Securities Act”). The securities have not been and will not be registered under the Securities Act or any state or other jurisdiction’s securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions’ securities laws.

About Glory Star New Media Group Holdings Limited

Glory Star New Media Group Holdings Limited is a leading mobile entertainment operator in China. Glory Star’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives. The company’s large and active user base creates valuable engagement opportunities with consumers and enhances platform stickiness with thousands of domestic and international brands.

Safe Harbor Statement

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions  (or the negative versions of such words or expressions ) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; and other factors listed in the Company’s Annual Report on Form 10-K for the year ending December 31, 2019 and in other filings made by the Company with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

Contacts

Glory Star New Media Group Holdings Limited
Yida Ye
Email: [email protected]

ICR Inc.
Sharon Zhou
Tel: +1 (646) 308-0546
Email: [email protected]     

DALLAS, Nov. 17, 2020 (GLOBE NEWSWIRE) — Cambium Learning^®Group, a leading provider of award-winning education technology and services for K–12 markets, today announced that Ashley Andersen Zantop has joined the company as Chief Operating Officer (COO). As COO, Andersen Zantop will focus on effective business integrations, identifying new growth opportunities and go-forward business strategy with Cambium’s executive team and division-level leadership. 

Andersen Zantop brings more than 20 years of education technology, publishing and media experience to Cambium. She has served in several executive-level roles, including Chief Content Officer at Capstone, a leading publisher of children’s books, media, audio, digital solutions and services, literacy programs, and K–12 professional learning resources for classrooms, school libraries and home. At Capstone, Andersen Zantop united the company’s global product shared services capabilities and oversaw the development of print, blended and digital solutions including PebbleGo, an award-winning SaaS product for K–3 students and their teachers. She most recently served as the COO and co-president of Greatergood.com Inc., a mission-driven commerce, media and social publisher and as Chair of the Education Division of SIIA.  

“We are facing a critical inflection point in education. Across its businesses, Cambium has stepped up to meet the moment, by providing solutions that embrace simplicity and help teachers and students feel more supported and confident,” said Andersen Zantop. “I’m so proud to join this team and look forward to building upon this momentum and driving concentrated growth and impact across the company.” 

Andersen Zantop’s PreK–12 education and consumer background spans literacy, media, supplemental instruction, adoptions, technology, product development, and print to digital transformations. After beginning her career as an educator, Andersen Zantop was motivated to make improvements in the classroom at a larger scale. As CEO of Trudy Corporation, Andersen Zantop led the organization’s product transformation from print to digital and blended supplemental materials, as well as several acquisitions ultimately leading to the sale of the company to Palm Ventures. She currently serves on the Government Affairs Council of SIIA.

“Ashley is a dynamic leader, with a strong track record of supporting great outcomes in education,” said John Campbell, CEO, Cambium. “As we expand our work with teachers and administrators, Ashley will be a creative, guiding force in ensuring Cambium delivers solutions that help overcome education’s most essential challenges.”

About Cambium Learning Group

Cambium Learning^® Group is the education essentials company, providing award-winning education technology and services for K-12 markets. With an intentionally curated portfolio of respected global brands, Cambium serves as a leader in the education space, helping millions of educators and students feel more universally valued each and every day. In everything it does, the company focuses on the elements that are most essential to the success of education, delivering simpler, more certain solutions that make a meaningful difference right now. To learn more, visit www.cambiumlearning.com or follow Cambium on Facebook, LinkedIn, Twitter, and Medium.

The Cambium family of companies includes: Cambium Assessment, Rosetta Stone^®, Lexia^® Learning, Learning A-Z^®, Voyager Sopris Learning^®, ExploreLearning^®, Time4Learning^®, and Kurzweil Education^®. 

Media Contact

John Jorgenson
CMO, Cambium Learning Group
520.204.2452 / [email protected]

FREMONT, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) — Supercomputing2020 — Penguin Computing, Inc., a division of SMART Global Holdings, Inc. (NASDAQ: SGH) and leader in high-performance computing (HPC), artificial intelligence (AI), and enterprise data center solutions, today announced that it has partnered with WekaIO^™ (Weka) to provide NVIDIA GPU-Powered OriginAI, a comprehensive, end-to-end solution for data center AI that maximizes the performance and utility of high-value AI systems.

Organizations are acknowledging the profound business potential that AI, machine learning (ML), and deep learning (DL) represent. In order to adopt these technologies, organizations must implement complex new systems that are performance-optimized and secure.  In order to be successful, every component of an AI system must be expertly tuned to support an organization’s unique AI workloads.  An untuned system results in data path bottlenecks that render expensive resources idle, leading to lost productivity and increased time-to-insight. Adding to the complexity, the speed at which AI evolves demands flexible, scalable architectures that have the ability to keep pace as technology advances.

OriginAI
provides a single, secure, end-to-end solution for data center AI that includes architectural design, hardware and software services, hosting, and deployment. Featuring  Penguin Computing ActiveData^™ with the Weka file system (WekaFS^™), OriginAI frees organizations from having to focus valuable time and human resources on creating an architecture from scratch. OriginAI meets the demanding requirements of AI and analytics models, and delivers tremendous cost savings, decreases risk, offers flexibility and scalability, increases performance, and reduces time-to-insight.

“The faster organizations reach time-to-insight in their AI initiatives, the faster they bring new products and ideas to market,” said Kevin Tubbs, Ph.D., and senior vice president, Strategic Solutions Group at Penguin Computing. “The OriginAI comprehensive solution for AI empowers organizations to speed time-to-insight and translate those insights to competitive marketplace advantage.” 

“Weka and Penguin Computing’s capabilities deliver massive bandwidth for ingest and training, ultra-low latency for improved inference, and enterprise features to manage data workflows,” said Ken Grohe, president and CRO at WekaIO. “As the only shared storage solution that provides high bandwidth I/O to the GPUs and end-to-end data management for data-intensive AI workloads, WekaFS enables companies to quickly scale performance across the platform.”

With the launch of Penguin Computing’s four dedicated technology practices, OriginAI is an integral part of the AI and Analytics Practice. The AI and Analytics Practice removes the guesswork in deploying effective AI training and inference platforms from the core to the edge. The practice focuses on reducing time-to-insight and discovery by removing complexities involved in designing, deploying, operating and supporting AI and Analytics infrastructure.

Penguin Computing OriginAI will be available in mid-fiscal Q1 2021. For more information, please contact: [email protected]

Read more about Penguin Computing’s AI and Analytics Practice and the OriginAI Solutions Brief.

Follow Penguin Computing on Twitter @PenguinHPC and use our official hashtags #HPCeverywhere and #AIeverywhere to stay connected.

About Penguin Computing

For 20 years, the Penguin Computing team of artificial intelligence (AI), engineering, and computer science experts has reimagined how startups, Fortune 500, government, and academic organizations solve complex technology challenges and achieve their organizational goals. Penguin Computing is focused on open platforms, including Open Compute Project (OCP) systems. We specialize in innovative high-performance computing (HPC), cloud, AI, and storage technologies coupled with leading-edge design, implementation, hosting and managed services including sys-admin and storage-as-a-service, all with highly rated customer support. More information at www.penguincomputing.com.

About Weka

WekaIO (Weka) offers WekaFS, the modern parallel file system that is used by seven of the Fortune 50 enterprise organizations to uniquely solve the newest, biggest problems holding back innovation and discovery. Purpose-built to unlock the full capabilities of today’s accelerated and agile data center, WekaFS is optimized for NVMe-flash and the hybrid cloud. Its modern architecture handles the most demanding storage challenges in the most data-intensive technical computing environments, delivering truly epic performance at any scale, enabling organizations to maximize the full value of their high-powered accelerators—GPUs and FPGAs. Weka helps industry leaders solve big IT infrastructure problems and extract more value from their data faster. For more information, go to https://www.weka.io/parallel-file-system.

OriginAI^™ and ActiveData^™ are trademarks owned by Penguin Computing, Inc.

All brands and trade names are trademarks or registered trademarks, and are the properties of their respective owners. 

Penguin Computing Media Contact

Karbo Communications
[email protected]