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Month: April 2020

InterDigital Signs License Agreement With Huawei

WILMINGTON, Del., April 28, 2020 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that, together with its patent holding subsidiaries, it has signed a multi-year, worldwide, non-exclusive, royalty bearing patent license agreement with Huawei Investment & Holding Co., Ltd. (“Huawei”), one of the world’s leaders in the information and communications technology industry.The agreement covers certain of Huawei’s products and certain of InterDigital’s essential patents. InterDigital and Huawei have also agreed to dismiss all pending litigation between the companies.“This agreement, reached amid challenging circumstances given the current economic downturn, highlights the strength of our business and the value of InterDigital’s contributions...

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Twin Disc, Inc. Announces Fiscal 2020 Third-Quarter Earnings Conference Call and Press Release

RACINE, Wis., April 28, 2020 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN), today announced that it will release its fiscal 2020 third-quarter financial results before the market opens on May 1, 2020. In conjunction with the earnings release, Twin Disc will be hosting a conference call to discuss these results and to answer questions at 11:00 a.m. Eastern Time on May 1, 2020. To participate in the conference call, please dial (866) 548-4713 five to 10 minutes before the call is scheduled to begin. A replay will be available from 2:00 p.m. May 1, 2020 until midnight May 8, 2020. The number to hear the teleconference replay is (844) 512-2921. The access code for the replay is 1556831.The conference call will also be broadcast live over the Internet. To listen to the call via the Internet, access Twin Disc’s website at http://ir.twindisc.com...

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Transportation and Logistics Systems, Inc. Announces Preliminary First Quarter 2020 Revenues Increased 49% Over Same Period in 2019

Organic Initiatives and COVID-19 Spur GrowthWEST PALM BEACH, FLORIDA, April 28, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Transportation and Logistics Systems, Inc. (OTC:TLSS), (“TLSS”, or the “Company”), a leading eCommerce fulfillment service provider, announced today that its preliminary first quarter revenues for the period ended March 31, 2020 increased by approximately $2.8 million, or 49%, to approximately $8.6 million, compared to $5.8 million in revenue reported in the same period in 2019.  The Company advises that these numbers have not yet been reviewed by its auditors due to the pandemic and may be subject to adjustment.John Mercadante, TLSS Chairman and CEO, indicated that “the increase in revenues was primarily attributable to:the Company’s expansion into new markets in Florida, Georgia, Ohio and Tennessee...

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Covenant Transportation Group Realigns Executive Team to Accelerate Execution of Strategic Plan

CHATTANOOGA, Tenn., April 28, 2020 (GLOBE NEWSWIRE) — Covenant Transportation Group, Inc. (NASDAQ/GS: CVTI) (“CTG”) today announced the following executive team changes:John A. Tweed has been named Co-President and Chief Operating Officer, with responsibility for enterprise-wide operations, sales, and safety functions, as well as the expansion of our contract logistics business and improvements in our operating efficiency.Joey B. Hogan has been named Co-President and Chief Administrative Officer, with responsibility for all enterprise-wide administrative functions, including strategic planning, finance, human resources, and information technology, as well as equipment and maintenance. Messrs. Bunn and Cribbs will continue to report to Mr. Hogan.M. Paul Bunn has been named Executive Vice President and Chief Financial Officer, with...

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Prospekt – Investeringsforeningen BankInvest

Copenhagen, April 28, 2020 (GLOBE NEWSWIRE) —Opdateret prospekt for Investeringsforeningen BankInvest offentliggøres dags dato.Prospektet er opdateret med regnskabstal fra årsrapporten 2019 samt ledelsesoplysninger.Dokumenterne kan downloades fra www.bankinvest.dk eller rekvireres ved henvendelse til BI Management A/S, Sundkrogsgade 7, 2100 København Ø, tlf. 77 30 90 00.Malene EhrenskjöldDirektørVedhæftede filerProspekt Inv. BankInvest – 2020.04.28 CleanVedtægter Inv. BankInvest 2020.01.20 inkl. tillæg A Clean

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Prospekt – Kapitalforeningen BankInvest Select

Copenhagen, April 28, 2020 (GLOBE NEWSWIRE) —Opdateret prospekt for Kapitalforeningen BankInvest Select offentliggøres dags dato.Prospektet er opdateret med regnskabstal fra årsrapporten 2019 samt ledelsesoplysninger.Dokumenterne kan downloades fra www.bankinvest.dk eller rekvireres ved henvendelse til BI Management A/S, Sundkrogsgade 7, 2100 København Ø, tlf. 77 30 90 00.Med venlig hilsenBI Management A/SMalene EhrenskjöldDirektørVedhæftede filerProspekt Kap. BankInvest Select 2020.04.28 cleanVedtægter Kapitalforeningen BankInvest Select 2018.10.22 clean

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EMCORE Corporation to Host Fiscal 2020 Second Quarter Conference Call on May 6, 2020

ALHAMBRA, Calif., April 28, 2020 (GLOBE NEWSWIRE) — EMCORE Corporation (NASDAQ: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, will announce its fiscal 2020 second quarter results for the period ended March 31, 2020 on Tuesday, May 5, 2020 after market close.Conference Call InformationThe company will host a conference call to discuss these results at 8:00 a.m. ET (5:00 a.m. PT) on Wednesday, May 6, 2020. President & Chief Executive Officer, Jeff Rittichier and Chief Financial Officer, Tom Minichiello will provide an overview of the results, discuss current business conditions, and conduct a question and answer session.The call will be available, live, to interested parties by dialing 800-458-4121. For international callers, please dial...

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StorageVault Completes Previously Announced Purchase of Two Stores in Winnipeg, Manitoba

TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its April 9, 2020 news release, it has completed the acquisition of two stores in Winnipeg, Manitoba (collectively, the “Acquisition”) from Access Self Storage Inc. (“Access”), for an aggregate purchase price of $7,845,000, subject to final approval of the TSX Venture Exchange. The Acquisition is a non arm’s-length transaction.The purchase price for the Acquisition in the amount of $7,845,000, subject to customary adjustments, was paid by the issuance of 1,240,323 common shares of StorageVault (“Payment Shares”) at a deemed aggregate price of $3,845,000 or $3.10 per common share, with the remainder being paid with mortgage financing and funds on hand. The Payment Shares are subject to a hold period...

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AIM3 Provides Update on Proposed Reverse Take-Over Transaction

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, April 28, 2020 (GLOBE NEWSWIRE) — AIM3 Ventures Inc. (TSXV: AIMC.P) (“AIM3” or the “Company”), is pleased to provide an update on its previously announced proposed reverse take-over transaction with SilverStream SEZC, dba Vox Royalty (“Vox”), which is substantially described in the Company’s press release dated March 2, 2020 (the “Qualifying Transaction”).Private Placement of Subscription ReceiptsIn connection with the Qualifying Transaction, Vox has launched its previously-announced private placement of Subscription Receipts (as defined below). On closing, Vox will enter into an agency agreement (the “Agency Agreement”) with a syndicate of agents comprised of Paradigm Capital Inc. (the “Lead Agent”), as lead agent, and Canaccord Genuity...

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Matrix Service Company Sets Date to Discuss Results for the Third Quarter of Fiscal 2020

TULSA, Okla., April 28, 2020 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq: MTRX) will announce results for its Fiscal Year 2020 third quarter ended March 31, 2020 after the market closes on Wednesday, May 6, 2020. The release will be followed by a conference call on Thursday, May 7, 2020 at 10:30 a.m. Eastern time /09:30 a.m. Central time.Earnings Conference Call instructionsMatrix Service Company will host a conference call with John R. Hewitt, President and CEO and Kevin S. Cavanah, Vice President and CFO at 10:30 a.m. Eastern Time / 09:30 a.m. Central Time on May 7, 2020.  The call will be simultaneously broadcast live over the Internet, which can be accessed at the Company’s website at www.matrixservicecompany.com on the Investors Relations page under Events & Presentations.  Please allow extra time prior to the call...

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