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Month: May 2020

Texas Department of Insurance to Deploy Verisk’s Mozart Form Composer

Jersey City, N.J., May 12, 2020 (GLOBE NEWSWIRE) — Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today that the Texas Department of Insurance (TDI) will be leveraging the machine learning and natural language processing in Verisk’s Mozart Form Composer® to accelerate the regulatory review of thousands of property/casualty forms filed by insurers each year.TDI’s use of Mozart®, Verisk’s platform for forms management and product development, is being coordinated with the National Association of Insurance Commissioners (NAIC) and marks an expansion of the market for Mozart – from insurers, brokers, and managing general agents (MGAs) – to insurance regulators.With Mozart, Texas insurance regulators will be able to streamline the filing intake process and accelerate review of new form filings by analyzing how...

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German American Bancorp, Inc. to Provide Teleconference of 2020 Annual Meeting

JASPER, Ind., May 12, 2020 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (the “Company”) (Nasdaq: GABC) announced today that it has added teleconference capabilities for its 2020 Annual Meeting of Shareholders scheduled for Thursday, May 21, 2020, at 6:30 P.M., Eastern Time. The Company has decided to offer this additional option to protect the health and safety of its employees, directors and shareholders during the ongoing COVID-19 pandemic.While the Company currently plans to hold the 2020 Annual Meeting of Shareholders as presented in the Notice of Annual Meeting and Proxy Statement first mailed to shareholders on or about April 16, 2020, the meeting will be strictly limited to the formal business purposes described in those proxy materials. The Company encourages all shareholders to access the Annual Meeting via teleconference,...

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Artelo Biosciences Awarded Composition of Matter Patent for Novel CBD Cocrystal

LA JOLLA, Calif., May 12, 2020 (GLOBE NEWSWIRE) — Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on developing proprietary therapeutics that target the endocannabinoid system and related biological signaling pathways, today announced that the U.S. Patent and Trademark Office has issued a “composition of matter” patent with claims covering ART12.11, the Company’s cocrystal, solid form of CBD (cannabidiol) and TMP (tetramethypyrazine). The new U.S. patent, No. 10,604467 for “Solid Forms of Cannabidiol and Uses Thereof,” provides intellectual property protection for ART12.11 until December 10, 2038.Artelo’s approach to achieving patent protection for a novel CBD composition was to create a cocrystal. Cocrystalization is a proven pharmaceutical development strategy and follows FDA guidance...

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Natus partners with Holberg EEG to advance the diagnosis of Epilepsy

PLEASANTON, Calif., May 12, 2020 (GLOBE NEWSWIRE) — Natus Medical Incorporated (NASDAQ:NTUS) (the “Company” or “Natus”), a leading provider of medical device solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages, is excited to announce a partnership with Holberg EEG AS.  The partnership will advance the development and distribution of an AutoSCORE algorithm to automate Electroencephalography (“EEG”) classifications and improve reporting efficiency.“We are excited about this new partnership,” said Jonathan Kennedy, Chief Executive Officer at Natus. “This partnership will further advance our shared vision to improve and automate the diagnosis and ultimate care of epilepsy patients around the globe.”Holberg EEG has developed and commercialized SCORE EEGTM, a reporting...

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TOUGHBUILT™ LAUNCHES 81 PRODUCTS WITH TRACTOR SUPPLY

LAKE FOREST, Calif, May 12, 2020 (GLOBE NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt®”) (NASDAQ: TBLT; TBLTW) an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and home improvement building and construction industries, today announced that 81 SKUs of its products have been accepted for immediate placement on www.tractorsupply.com.Tractorsupply.com is the online arm of Tractor Supply Company, one of the nation’s leading retail chains. Additionally, the Company is launching an in-store promotion of four SKUs with Tractor Supply brick and mortar stores.Chief Executive Officer Michael Panosian commented, “I am very pleased to announce that we have forged a great relationship with Tractor Supply, both for online...

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Peloton Interactive, Inc. Announces Participation in the J.P. Morgan Global TMC Conference

NEW YORK, May 12, 2020 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the Company will be participating in the J.P. Morgan Global TMC Conference, held virtually, on Tuesday, May 12, 2020, at 10:40 AM ET. Attending for Peloton will be Jill Woodworth, Chief Financial Officer.The audio portion of the presentation will be webcast live over the internet and can be accessed at https://investor.onepeloton.com. An online archive will be available for a period of 90 days following the presentation.About PelotonPeloton is the largest interactive fitness platform in the world with a loyal community of more than 2.6 million Members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness...

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Newtek Small Business Finance Has Funded and Approved Approximately $700 Million of Paycheck Protection Program (PPP) Loans To Date

BOCA RATON, Fla., May 12, 2020 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek Small Business Finance, LLC (“NSBF”), the Company’s nationally licensed lender under the U.S. Small Business Administration (“SBA”) Section 7(a) Program, has funded and approved for funding approximately $700 million of Paycheck Protection Program (“PPP”) loans of its total $1.15 billion of PPP loans with SBA loan (E-Tran) numbers to date.  NSBF estimates that upwards of 130,000 employees could be retained by NSBF’s PPP borrowers if NSBF’s total potential funding of $1.15 billion of PPP loans is reached. While NSBF estimates it has $1.15 billion of PPP loans with SBA loan (E-Tran) numbers, there is no assurance that it will ultimately fund all of...

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Tauriga Sciences Inc. Increases its Product Liability Insurance Coverage to $8,000,000 Limit

The Company Continues to Expand the Presence of its Product Lines on a National Level  to an Increasingly Diverse Customer Base NEW YORK, NY, May 12, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating Company that operates through the development, distribution, and licensing of proprietary products as well as the evaluation of potential acquisition opportunities and equity investments, today announced that it has increased its product liability insurance coverage to $8,000,000 (previously it had been $5,000,000).  The Company continues to expand the presence of its products and product lines on a national level.  However, a number of large retail chains require the issuance of Certificate(s) of Insurance with “coverage limit(s) . . . of no less...

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