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Day: June 25, 2020

mophie and InvisibleShield Announce UV Sanitizer Solutions

SALT LAKE CITY, June 25, 2020 (GLOBE NEWSWIRE) — mophie® and InvisibleShield™, ZAGG Brands (NASDAQ:ZAGG) companies, today announced the mophie UV Sanitizer® and InvisibleShield UV Sanitizer, designed to kill 99.99% of the most common surface bacteria1 found on mobile devices and other frequently touched items by utilizing ultraviolet (UV) light. The mophie UV Sanitizer features a Qi-enabled wireless charging lid so users can simultaneously charge their mobile device while sanitizing other personal items such as keys, credit cards, earbuds, and more.The Center for Disease Control estimates that 80% of common infections are transmitted by hands2 while another study found an 82% overlap between bacteria on test subjects’ fingers and their phones.3 During this mobile age, it’s become nearly impossible to avoid contact with mobile devices,...

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Gentherm Announces New Independent Director

NORTHVILLE, Mich., June 25, 2020 (GLOBE NEWSWIRE) — Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced that David Heinzmann has been appointed to the Company’s Board of Directors effective August 11, 2020.Heinzmann is President and CEO and a member of the Board of Directors of Littelfuse, Inc., a global manufacturer of leading technologies in circuit protection, power control and sensing. He has served as President and CEO since 2017, leading the strategic direction, customer development and new product strategy of Littelfuse. He began his career with Littelfuse in 1985 as a manufacturing engineer and has held positions of increasing responsibility, including Vice President, Global Operations from 2007 to 2013 and Chief Operating Officer from 2014 to 2016....

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CPI Aerostructures Receives $5 Million Long-Lead Funding to Supply Wing Components for E-2D Advanced Hawkeye

EDGEWOOD, N.Y., June 25, 2020 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it received long lead funding of $5 million in anticipation of purchase orders that will total more than $20 million from Northrop Grumman to supply Outer Wing Panel (OWP) structural components and kits for the E-2D Advanced Hawkeye airborne command and control (ACC) aircraft. CPI Aero has been delivering OWP components and kits for multiple configurations of the E-2D Advanced Hawkeye since 2008. The expected future purchase orders are for additional requirements under the multi-year agreement that CPI Aero announced earlier this year, and increase the value of the previously announced multi-year contract to more than $70 million.Douglas McCrosson, President and CEO of CPI Aero, stated, “The E-2D Advanced Hawkeye...

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Simlatus Chairman Announces Company Subsidiary, Proscere Bioscience, Obtains $20 Mil in Initial Orders of Its CBD Coldwater Extraction System; Moves to Complete Its Manufacturing

San Francisco, CA, June 25, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Simlatus Corporation (OTC PINK: SIML) (“Simlatus” or the “Company”), announces today that its Chairman Richard Hylen is updating shareholders regarding the company’s subsidiary, Proscere Bioscience, and the overall financial future of the company including obtaining initial orders totaling $20Mil for its CBD coldwater extraction system.Chairman Richard Hylen stated, “Our subsidiary, Proscere Bioscience, has recently completed its testing and will move forward with completing the manufacturing of our CBD coldwater extraction systems and initial $20M in orders. We have one of the world’s largest distributors of CBD based products wanting to move forward in purchasing of systems. This allows their global operation to produce more efficiently, with less...

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Constellium to lead £15 million ALIVE project for the development of new aluminium battery enclosures for electric vehicles

PARIS, June 25, 2020 (GLOBE NEWSWIRE) — Constellium SE (NYSE: CSTM) today announced that it will lead a consortium of automotive manufacturers and suppliers to develop structural aluminium battery enclosures for electric vehicles. The £15 million ALIVE (Aluminium Intensive Vehicle Enclosures) project will be developed in the UK and funded in part by a grant from the Advanced Propulsion Centre (APC) as a component of its low carbon emissions research program.“Constellium is delighted to partner with the APC, as well as automakers and suppliers in the UK to design, engineer and prototype a completely new structural aluminium battery enclosure,” said Paul Warton, President of Constellium’s Automotive Structures & Industry business unit. “Taking advantage of Constellium’s high-strength HSA6 extrusion alloys and new manufacturing...

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Gold Resource Corporation Declares June Monthly Dividend

COLORADO SPRINGS, June 25, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gold Resource Corporation (NYSE American: GORO) (the “Company”) declares its monthly instituted dividend of one-third of a cent per common share for June 2020 payable on July 23, 2020 to shareholders of record as of July 13, 2020.  Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $114 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.  For more information on Gold Resource Corporation’s physical dividend program, visit the Company website at http://www.goldresourcecorp.com/gold-silver-dividends.php.  Dividends...

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Kutcho Copper Increases Life of Mine Copper Recovery to 96%, Silver to 83% and Gold to 70%

VANCOUVER, British Columbia, June 25, 2020 (GLOBE NEWSWIRE) — Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF) (“Kutcho Copper” or the “Company”) is pleased to announce results of additional metallurgical testing on its 100% owned Kutcho Project in British Columbia, Canada.  These latest results came from a program focused on optimizing performance from the Main Lens composite and have shown improved copper and silver recoveries versus the 2017 Prefeasibility Study. In addition, the Company has conducted leach tests on the tailings, which has shown the potential to significantly increase copper, silver and gold recovery from both the Esso and Main Lenses.  Completion of this recent test program represents a significant portion of the metallurgical work required to complete the Feasibility Study for the Kutcho Project.HighlightsMain Lens...

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Free Virtual Coding, STEM, Entrepreneurship and Financial Literacy Programs Launch for Youth this Summer

TORONTO, June 25, 2020 (GLOBE NEWSWIRE) — As the school year officially comes to an end, Rogers Communications today announced its national Ted Rogers Community Grant partners have transitioned all youth programming online this summer, offering Canadian families free, self-directed educational experiences to fill the gap with many summer camps being cancelled due to COVID-19.  These programs focus on developing critical skills across technology, innovation, financial literacy and education with engaging and empowering programs designed to prepare Canada’s next generation.“School may officially be out, but learning in fun and interesting ways can continue over the summer months,” said Sevaun Palvetzian, Chief Communications Officer, Rogers Communications. “These free, online programs will help parents who don’t have in-person summer...

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Drug Delivery Systems Market to Hit USD 45.20 Billion by 2027; Rising Demand for Efficient Drug Delivery for Complex Conditions to Fuel the Market: Fortune Business Insights™

Pune, June 25, 2020 (GLOBE NEWSWIRE) — The global drug delivery systems market size is projected to reach USD 45.20 billion by 2027, exhibiting a CAGR of 6.8% during the forecast period. Increasing prevalence of multiple chronic conditions (MCCs) worldwide is expected to be the leading factor driving the growth of this market, finds Fortune Business Insights™ in its report, titled “Drug Delivery Systems Market Size, Share & Industry Analysis, By Type (Inhalation, Transdermal, Injectables and Others), By Device Type (Conventional and Advanced), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Others) and Regional Forecast, 2020-2027”.MCCs refer to the existence of more than one chronic condition in an individual. According to a study published by the World Economic Forum (WEF), 33% of adults around the world...

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FactSet Reports Solid Results for Third Quarter 2020

NORWALK, Conn., June 25, 2020 (GLOBE NEWSWIRE) — FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its third quarter ended May 31, 2020.Third Quarter Fiscal 2020 HighlightsRevenue increased 2.6%, or $9.6 million, to $374.1 million compared with $364.5 million for the same period in fiscal 2019. The increase is primarily due to higher sales of analytics, content and technology solutions (CTS) and wealth management solutions. Organic revenues grew 2.6% to $375.3 million during the third quarter of fiscal 2020 from the prior year period.Annual Subscription Value (ASV) plus professional services was $1.52 billion at May 31, 2020, compared with $1.45 billion at May 31, 2019....

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