Day: June 3, 2020

REMINDER – KP Tissue Announces its Annual Meeting of Shareholders

Written by Customer Service on June 3, 2020. Posted in Public Companies.

MISSISSAUGA, Ontario, June 03, 2020 (GLOBE NEWSWIRE) — KP Tissue Inc. (“KPT”) (TSX: KPT) will hold its Annual Meeting of Shareholders on June 4, 2020 at 3:00 p.m. (EST). In the context of the COVID-19 crisis, the Corporation has decided to hold the meeting in a virtual-only format which will be conducted via live webcast online at http://web.lumiagm.com/297479061.For shareholders, media and other interested parties who are unable to attend, the presentation material will also be available on the web site www.kptissueinc.com.About KP Tissue Inc. (KPT)KPT was created to acquire, and its business is limited to holding, a limited partnership interest in Kruger Products L.P., which is accounted for as an investment on the equity basis. KPT currently holds a 14.8% interest in KPLP. For more information visit www.kptissueinc.com.About...

RAPPEL – Papiers Tissu KP annonce son assemblée annuelle des actionnaires

Written by Customer Service on June 3, 2020. Posted in Public Companies.

MISSISSAUGA, Ontario, 03 juin 2020 (GLOBE NEWSWIRE) — Papiers Tissu KP inc. (TSX : KPT) (« PTKP ») tiendra son assemblée annuelle des actionnaires le 4 juin 2020 à 15h00 (HNE). Dans le contexte de la crise de la COVID-19, la Société a décidé de tenir l’assemblée dans un format virtuel uniquement qui sera diffusée en direct sur le web à l’adresse http://web.lumiagm.com/297479061.Pour les actionnaires, les médias et les autres parties intéressées qui ne peuvent pas assister à l’assemblée, la présentation sera également disponible sur le site web www.kptissueinc.com.À propos de Papiers Tissu KP inc. (PTKP)PTKP a été créée dans le but d’acquérir une participation économique dans PK S.E.C., comptabilisée en tant qu’investissement dans le capital-actions. PTKP détient actuellement une participation de 14,8 % dans Produits...

Eeva Hakoranta Joins InterDigital as Chief Licensing Officer

Written by Customer Service on June 3, 2020. Posted in Public Companies.

WILMINGTON, Del., June 03, 2020 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that Eeva K. Hakoranta is joining the company as Chief Licensing Officer, effective July 1.Ms. Hakoranta joins the company from Nokia, where she led patent licensing since 2012, and most recently served as Senior Vice President and Head of Intellectual Property and Litigation. Under her leadership, Nokia successfully concluded license agreements with substantially all of the world’s major handset manufacturers, including Samsung, Apple, Huawei, Oppo, Vivo and Xiaomi.“InterDigital’s ability to attract someone with Eeva Hakoranta’s capabilities and track record to lead such a crucial function as licensing speaks to the strength of our technology and our position in the...

Genasys™ Inc. Announces $4.3 Million U.S. Navy IDIQ Contract

Written by Customer Service on June 3, 2020. Posted in Public Companies.

SAN DIEGO, June 03, 2020 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced it has been awarded a $4.3 million indefinite delivery/indefinite quantity contract from the U.S. Navy (“Navy”) for LRAD®1000Xi acoustic hailing devices (“AHDs”). With the 3-year award, the Navy also placed an initial $1.2 million order for delivery this fiscal year.“The award and this order are part of the Navy’s ongoing replacement of first generation AHDs previously deployed in the fleet, some of which have been in service 10 – 12 years,” said Richard S. Danforth, Chief Executive Officer of Genasys Inc. “LRAD systems are used in many naval and maritime operations, including ship self-defense, establishment of vessel exclusion zones and restricted areas, port and harbor...

Synchronoss Technologies to host Virtual Investor Day

Written by Customer Service on June 3, 2020. Posted in Public Companies.

BRIDGEWATER, N.J., June 03, 2020 (GLOBE NEWSWIRE) — Synchronoss Technologies (NASDAQ: SNCR), a global leader and innovator of cloud, messaging, digital and IoT products, will host a virtual investor day on Thursday, June 25, 2020 beginning at 8 a.m. (EDT) and concluding at 1 p.m. (EDT). The company’s investor day presentation by senior management will include details on:The company’s growth strategyThe company’s platforms and products, their value proposition for customers, as well as product demonstrationsThe company’s sales and go-to-market approachService delivery and innovationCapital strategy and financial outlook.To pre-register for the event, please visit https://synchronoss.com/investor-day-2020/For more information, contact Synchronoss Investor Relations at investor@synchronoss.com.The live webcast will be available on...

AMMO, Inc. Further Expands Manufacturing Capacity to Meet Continued Heightened Demand for Ammunition

Written by Customer Service on June 3, 2020. Posted in Public Companies.

SCOTTSDALE, Ariz., June 03, 2020 (GLOBE NEWSWIRE) — AMMO, Inc. (OTCQB: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, has further expanded its manufacturing capacity at its Payson, AZ facility through the addition of new equipment and increasing its night shift staffing.New Equipment Additions at AMMO’s Payson, AZ Manufacturing Facility:Three new pistol loading machines to increase pistol-specific ammo manufacturing capacity by 75%.One new rifle loading machine, along with adding .223 and .308 conversions for existing machines, which doubles AMMO’s .223 and 5.56 capacity.One new inspection machine that will be up and running in early July 2020 and is expected to increase AMMO’s inspection output by 200%.In addition to the new equipment, AMMO is in the process...

Spinal Devices Market Size to Reach USD 15.74 Billion by 2026; Rising Prevalence of Chronic Pain to Escalate Growth, says Fortune Business Insights

Written by Customer Service on June 3, 2020. Posted in Mergers And Acquisitions.

Pune, June 03, 2020 (GLOBE NEWSWIRE) — The global spinal devices market is anticipated to gain momentum from the increasing demand for orthopedic spine devices. Fortune Business Insights, in a published report, titled, “Spinal Devices Market Size, Share & Industry Analysis, By Product Type (Fusion Devices (Cervical Devices, Thoracolumbar Devices, Interbody Devices, and Biologics), Non-Fusion Devices (Vertebral Compression Fracture Devices, Artificial Discs, Dynamic Stabilization Devices, and Others), and Stimulation Devices) By Disease Indication (Degenerative Disc Disease, Complex Deformity, Traumas & Fractures, and Others), By End User (Hospitals & Ambulatory Surgery Centers, Specialty Clinics and Others) and Regional Forecast, 2019-2026,” states that the market is projected to reach USD 15.74 Billion by 2026, thereby...

Village Super Market, Inc. Reports Results for the Third Quarter Ended April 25, 2020

Written by Customer Service on June 3, 2020. Posted in Earnings Releases And Operating Results.

SPRINGFIELD, N.J., June 03, 2020 (GLOBE NEWSWIRE) — Village Super Market, Inc. (NASDAQ:VLGEA) (the “Company” or “Village”) today reported its results of operations for the third quarter ended April 25, 2020.Sales and results of operations in the 13 weeks ended April 25, 2020 were significantly impacted by the COVID-19 outbreak. Same store sales increased 13.6% and net income increased 97%, adjusted for special items, in the 13 weeks ended April 25, 2020 compared to the prior year. Village operates in and around one of the epicenters of the health crisis with much of our trade area under stay-at-home orders since mid-March 2020. The Company is classified as an essential business and has remained open to serve our customers and the communities in which we operate.Our first priority throughout this unprecedented...

Vera Bradley Announces First Quarter Fiscal 2021 Results

Written by Customer Service on June 3, 2020. Posted in Earnings Releases And Operating Results.

Company proactively takes actions to address COVID-19 crisisE-commerce revenues grow during the quarterBalance sheet remains strongFORT WAYNE, Ind., June 03, 2020 (GLOBE NEWSWIRE) — Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced its financial results for the first quarter ended May 2, 2020 and provided an update on the COVID-19 crisis. COVID-19 Pandemic“The COVID-19 pandemic has affected nearly every family and business throughout the country over the last three months. Undoubtedly this has been one of the most disruptive and challenging periods in the Company’s history, but our strong culture and innovation are leading us through this period,” noted Chief Executive Officer Rob Wallstrom. “We have worked to minimize the pandemic’s impact on our Associates, shareholders, and other stakeholders. The well-being...

Forum Merger II Corporation Provides Transaction Update

Written by Customer Service on June 3, 2020. Posted in Mergers And Acquisitions.

Delray Beach, Florida, June 03, 2020 (GLOBE NEWSWIRE) — As previously announced on May 13, 2020, Forum Merger II Corporation (Nasdaq: FMCI) (“Forum” or the “Company”) has signed a letter of intent to acquire a high-growth, plant-based food company with a broad portfolio of innovative products that are aligned with major food trends and sold through leading retailers and distributors across the United States. The Company today announced that its discussions with the Target remain active, and the Company expects to sign a definitive agreement in the coming weeks.Completion of the transaction is subject to, among other things, the negotiation and execution of a definitive agreement providing for the transaction, satisfaction of the closing conditions included therein and approval of the transaction by Forum’s shareholders. Accordingly,...

Day: June 3, 2020

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