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Day: October 21, 2019

Ericsson and NVIDIA Collaborate to Accelerate Virtualized 5G Radio Access Networks with GPUs

LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) — Mobile World Congress —NVIDIA and Ericsson today announced they are collaborating on technologies that can allow telco operators to build high-performing, efficient and completely virtualized 5G radio access networks (RAN). These virtualized networks can enable faster and more flexible introduction of new AI and IoT services.The collaboration, announced by NVIDIA founder and CEO Jensen Huang at a keynote ahead of the start of MWC Los Angeles, brings together Ericsson’s expertise in RAN technology with NVIDIA’s leadership in GPU-powered accelerated computing platforms, as well as AI and supercomputing.Telcos are exploring alternative technologies and RAN architectures amid growing interest for virtualization, while securing the best possible user experience.A major industry challenge...

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NVIDIA with Microsoft Announces Technology Collaboration for Era of Intelligent Edge

LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) — Mobile World Congress—NVIDIA with Microsoft Corp. today announced a technology collaboration focused on intelligent edge computing, designed to help industries better manage and gain insights from the growing flood of data created by retail stores, warehouses, manufacturing facilities, connected buildings, urban infrastructure and other environments.By enabling closer integration between Microsoft Azure and the NVIDIA EGX platform, the companies are working together to advance edge-to-cloud AI computing capabilities, benefiting businesses worldwide.The NVIDIA Metropolis video analytics application framework, which runs on EGX, has been optimized to work with Microsoft’s Azure IoT Edge, Azure Machine Learning solutions and a new form factor of the Azure Data Box Edge appliance powered...

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New NVIDIA EGX Edge Supercomputing Platform Accelerates AI, IoT, 5G at the Edge

LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) — Mobile World Congress — NVIDIA today announced the NVIDIA EGX Edge Supercomputing Platform – a high-performance, cloud-native platform that lets organizations harness rapidly streaming data from factory floors, manufacturing inspection lines and city streets to securely deliver next-generation AI, IoT and 5G-based services at scale, with low latency.Early adopters of the platform – which combines NVIDIA CUDA-X™ software with NVIDIA-certified GPU servers and devices – include Walmart, BMW, Procter & Gamble, Samsung Electronics and NTT East, as well as the cities of San Francisco and Las Vegas.“We’ve entered a new era, where billions of always-on IoT sensors will be connected by 5G and processed by AI,” said Jensen Huang, NVIDIA founder and CEO, at a keynote at the start of...

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Red Hat and NVIDIA Team to Bring High-Performance, Software-Defined 5G RAN to Telecom Industry

LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) — Mobile World Congress — NVIDIA and Red Hat, the world’s leading provider of open source solutions, today announced they are expanding their alliance to deliver high-performance, software-defined 5G wireless infrastructure, running on Red Hat OpenShift, to the telecom industry.The collaboration, unveiled by NVIDIA founder and CEO Jensen Huang during his keynote at MWC Los Angeles, can help telcos transition to 5G networks capable of running a range of software-defined edge workloads. Work will initially focus on 5G radio access networks (RAN), aimed at making AI-enabled applications more accessible at the telco edge.Red Hat and NVIDIA are building on their announcement earlier this year that they are accelerating adoption of Kubernetes in enterprise data centers. Their expanding collaboration...

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Southern Missouri Bancorp Reports Preliminary Results for First Quarter of Fiscal 2020; Declares Quarterly Dividend of $0.15 Per Common Share; Conference Call to Discuss Results Scheduled for Tuesday, October 22, at 3:30pm Central Time

Poplar Bluff, MO , Oct. 21, 2019 (GLOBE NEWSWIRE) —Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income available to common stockholders for the first quarter of fiscal 2020 of $7.8 million, an increase of $1.0 million, or 15.1%, as compared to the same period of the prior fiscal year. The increase was attributable to increased net interest income and noninterest income, and partially offset by increases in noninterest expense, provision for income taxes, and provision for loan losses. Preliminary net income was $.85 per fully diluted common share for the first quarter of fiscal 2020, an increase of $.09 as compared to the $.76 per fully diluted common share reported for the same period of the prior fiscal year.Highlights for the first...

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VR Resources Closes First Tranche of a Private Placement for Gross Proceeds of $760,000

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.VANCOUVER, British Columbia, Oct. 21, 2019 (GLOBE NEWSWIRE) — VR Resources Ltd. (TSX.V: VRR; FSE: 5VR; OTCBB: VRRCF) (the “Company” or “VR”) is pleased to announce that it has closed the first tranche of the non-brokered private placement detailed in a news release dated October 16, 2019. The first tranche closing consists of 1,999,998 flow-through common shares issued at a price of $0.38 per flow-through common share for gross proceeds of $760,000.The securities that were issued under the flow-through private placement (the Financing) are subject to a four month hold period under Canadian securities law expiring...

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BRP Establishes Automatic Share Purchase Plan

VALCOURT, Quebec, Oct. 21, 2019 (GLOBE NEWSWIRE) — BRP Inc. (TSX:DOO; NASDAQ:DOOO) announced today that, in connection with its previously announced normal course issuer bid to purchase for cancellation up to 4,170,403 subordinate voting shares of BRP (the “NCIB”), it entered into an automatic share purchase plan (the “APP”) with a designated broker. This is intended to allow for the purchase of subordinate voting shares under the NCIB at times when BRP would ordinarily not be permitted to purchase shares due to regulatory restrictions or self-imposed blackout periods.Pursuant to the APP, before entering into a blackout period, BRP may, but is not required to, instruct the designated broker to make purchases under the NCIB in accordance with the terms of the APP. Such purchases will be determined by the broker in its sole discretion...

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BRP établit un programme de rachat d’actions automatique

VALCOURT, Québec, 21 oct. 2019 (GLOBE NEWSWIRE) — BRP Inc. (TSX:DOO; NASDAQ:DOOO) a annoncé aujourd’hui qu’elle a établi, dans le cadre de son offre publique de rachat dans le cours normal des activités déjà annoncée visant le rachat, aux fins d’annulation, d’au plus 4 170 403 actions à droit de vote subalterne de BRP (l’« offre publique de rachat »), un programme de rachat d’actions automatique (le « PRA ») avec un courtier désigné afin de pouvoir racheter des actions à droit de vote subalterne aux termes de l’offre publique de rachat à des moments où elle ne pourrait pas normalement en racheter en raison de restrictions de nature réglementaire ou de périodes d’interdiction d’opérations auto-imposées.Aux termes du PRA, avant d’entrer dans une période d’interdiction d’opérations, BRP peut, sans y être tenue, demander au courtier...

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Atico Produces 5.71 Million Pounds of Cu and 3,320 Ounces of Au in Third Quarter 2019

VANCOUVER, British Columbia, Oct. 21, 2019 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) announces its operating results for the three months ended September 30, 2019 from its El Roble mine. Production for the quarter totaled 5.71 million pounds of copper and 3,320 ounces of gold in concentrates, an increase of 7% for copper and 10% for gold, respectively, over the same period in 2018.“We are pleased to report a strong quarter of metal production at the El Roble mine, as the operation is back to the steady state rate,” said Fernando E. Ganoza, CEO. “For remainder of the year, we will continue working towards achieving our adjusted annual guidance and executing the aggressive exploration drilling program at the El Roble property looking for additional mineralization both regionally...

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Tango Announces Share Consolidation Concurrent With Change of Name

VANCOUVER, British Columbia, Oct. 21, 2019 (GLOBE NEWSWIRE) — Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) announces that further to its News Release dated July 30, 2019, wherein it announced a proposed change of name to “Southstone Minerals Limited”, subject to the approval of the TSX Venture Exchange, it is proposing to concurrently consolidate its common shares on the basis of one post-consolidation common share for every ten pre-consolidation common shares (the “Share Consolidation”). Currently, a total of 232,602,139 common shares are issued and outstanding, which will be consolidated into 23,260,213 common shares, assuming no other change in the issued capital. Share percentage holdings will remain unchanged and Tango’s outstanding options and warrants will be adjusted to reflect the Share Consolidation. The...

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