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Month: February 2020

Saskatoon Police Service Renews Agreement with Draganfly Marking Twelve Years of Continued Support

Vancouver, British Columbia, Feb. 18, 2020 (GLOBE NEWSWIRE) — Draganfly Inc. (CSE: DFLY) (OTCQB: DFLYF) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading manufacturer within the commercial Unmanned Aerial Systems (“UAS”), Remotely Piloted Aircraft Systems (“RPAS”), and unmanned vehicle sectors, today announced that the Saskatoon Police Service have renewed their support and service agreement with Draganfly through 2020. Draganfly and the Saskatoon Police have been collaborating since 2008 on the use of RPAS in emergency services applications. During this relationship spanning more than a decade, Draganfly has supplied UAV flight services, hardware, and consulting to the Saskatoon Police Service while gaining invaluable feedback and insight into police operations. With the renewal of this support contract,...

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Cinedigm Reports Third Quarter Fiscal 2020 Financial Results

Net Loss of $2.3 Million Narrowed By 33% Year Over Year, And By 63% Excluding Non-recurring ChargesOTT/Streaming Revenues Increase 95%; Monthly Active Ad-Supported Streaming Viewers Reach 5.6 Million, Up 24.4% this QuarterLOS ANGELES, Feb. 18, 2020 (GLOBE NEWSWIRE) — Cinedigm Corp. (NASDAQ: CIDM) today announced its financial results for the three- and nine-month periods ended December 31, 2019.Key Third Quarter FY 2020 Financial Results:Consolidated revenues were $11.5 million– OTT/streaming revenues were up 95% year-over-year– Strong OTT Channel revenues, primarily Advertising Video on Demand (AVOD) revenues, drove the majority of this growthNet loss to common stockholders of $2.3 million, a narrowing of 33% year-over-year, and a reduction of 63% year-over-year excluding non-recurring chargesAdjusted EBITDA of $2.7...

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SMTC Corporation COO, Rich Fitzgerald, Appointed to the Association of Manufacturing Excellence (AME) Board of Directors

TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) — SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winner of the Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that Rich Fitzgerald, SMTC’s Chief Operating Officer, has been appointed to the Association of Manufacturing Excellence (AME) Board of Directors.  “We are pleased to have Rich join AME’s board of directors as he brings an extensive track record leading high-performing manufacturing organizations. As a director-at-large, Rich will play a key role in setting the path forward for the association, supporting our mission and goals, and providing guidance and direction to the association’s president, management team and staff,” said William C. Fierle,...

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IES Holdings Acquires Aerial Lighting & Electric

HOUSTON, Feb. 18, 2020 (GLOBE NEWSWIRE) — IES Holdings, Inc. (or “IES”) (NASDAQ: IESC) announced today that it has acquired all of the equity interests in Aerial Lighting & Electric, Inc. (“Aerial”), a Naugatuck, CT-based electrical contractor specializing in the design and installation of electrical systems for multi-family developments, with revenues of approximately $24 million in calendar year 2019.  Aerial will become part of IES’s Residential segment and continue to operate under the Aerial name.Dwayne Collier, President of IES’s Residential segment, said, “The acquisition of Aerial reinforces our strategy to partner with strong management teams in attractive markets.  I am pleased to welcome to IES Paul Simko, who has been the majority-owner of Aerial since 1994, and Bob Carlson, who will be promoted to Vice President,...

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DNA Brands Discusses Acquisition Candidates and Current Share Structure

Fort Lauderdale, FL, Feb. 18, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — DNA Brands is pleased to provide a shareholder update on the progress of the company to date and new business opportunities the company has been in advanced talks with.Currently the company has two business lines, which are as follows:1). The company owns a two-time Award-Winning energy drink line that consists of eight flavors.  Currently, DNA Energy Brands’ proprietary line of carbonated energy drinks includes Original, Cryo-berry, Citrus, Sugar Free Citrus, and Molecular Melon.  Along with its carbonated line of energy drinks, DNA Energy currently has three milk-based energy coffees that are fortified with Omega 3.  Those include Caramel Macchiato, Vanilla Latte and Mocha, (with the right partner DNA would consider a launch of a CBD drink line.)2)....

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OrthoPediatrics Corp. to Report Fourth Quarter and Full Year 2019 Financial Results on March 4, 2020

WARSAW, Ind., Feb. 18, 2020 (GLOBE NEWSWIRE) — OrthoPediatrics Corp. (“OrthoPediatrics”) (NASDAQ: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, announced today that the Company is scheduled to release its fourth quarter and full year 2019 financial results on Wednesday, March 4, 2020, after the market closes.OrthoPediatrics will host a conference call on Thursday, March 5, 2020, at 8:00 a.m. ET to discuss the results. The dial-in numbers are (855) 289-4603 for domestic callers and (614) 999-9389 for international callers. The conference ID number is 7662677. A live webcast of the conference call will be available online from the investor relations page of the OrthoPediatrics’ corporate website at www.orthopediatrics.com.A replay of the webcast will remain available on OrthoPediatrics’ website,...

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Turning Point Therapeutics to Participate in Upcoming Investor Conferences

SAN DIEGO, Feb. 18, 2020 (GLOBE NEWSWIRE) — Turning Point Therapeutics, Inc. (NASDAQ: TPTX), a precision oncology company developing next-generation therapies that target genetic drivers of cancer, today announced that President and CEO Athena Countouriotis, M.D., will participate in the 9th Annual SVB Leerink Global Healthcare Conference on Feb. 27 in New York and the Cowen 40th Annual Healthcare Conference on March 2 in Boston.Dr. Countouriotis is scheduled to participate in a question and answer session at 10:30 a.m. ET at the SVB Leerink conference, and present a company overview at 2:50 p.m. ET at the Cowen conference. Both sessions will be accessible via audio webcast through the Investors page of www.tptherapeutics.com.About Turning Point Therapeutics Inc.Turning Point Therapeutics is a clinical-stage precision oncology company...

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STMicroelectronics Reveals Latest Innovation in Electric-Vehicle Energy Management for Cleaner and Safer Mobility

STMicroelectronics Reveals Latest Innovation in Electric-Vehicle Energy Management for Cleaner and Safer MobilityNew Battery-Management System chip delivers enhancements to extend driving range, reliability, and safety of electric vehiclesIntroduces industry-leading sensing accuracy, temperature monitoring, and innovative featuresGeneva, February 18, 2020 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has revealed new battery-management technology that increases reliability, safety, driving range, and cost-effectiveness of electric vehicles (EVs).EVs are predicted to reach cost parity with conventional combustion-engine vehicles before the end of this decade and overtake in sales volume by 20381. ST, leveraging its technical capabilities to help car makers...

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Taronis Hosts Turkish Delegation at Florida Production Facilities

Key Milestone for Ban of Acetylene in TurkeyPHOENIX, AZ, Feb. 18, 2020 (GLOBE NEWSWIRE) — Taronis Fuels, Inc., (“Taronis” or “the Company”), a global producer of renewable and socially responsible fuel products, today announced the successful completion of a multi-day series of meetings with senior government officials from the Turkish Ministry of Energy and Natural Resources and the Ministry of Trade. The purpose of these meetings was to provide an in-depth account of the production capabilities of the Venturi flow plasma arc gasification technology, and to demonstrate the superiority of MagneGas as a renewable and safer alternative to acetylene. Executives from Taronis also provided a detailed update on the status of the manufacturing of the five 300 KW Venturi plasma arc gasification units for delivery under an initial $18.75...

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