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Month: June 2020

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

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...

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Synchronoss Technologies to host Virtual Investor Day

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...

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

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...

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

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...

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

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...

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Vera Bradley Announces First Quarter Fiscal 2021 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...

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Forum Merger II Corporation Provides Transaction Update

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,...

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Cassava Sciences Announces Presentation at the Jefferies Virtual Healthcare Conference and Provides Updates Regarding Phase 2b Study of PTI-125

– High Variability in Levels of Biomarkers in Control Arm of Phase 2b Study May Drive Reassessment of Overall Study Results –– Effects Of PTI-125 on Cognition, Other Analysis and Data Expected 2nd Half 2020 –– Updated Corporate Presentation Now Available on Website –AUSTIN, Texas, June 03, 2020 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq:SAVA), a clinical-stage biotechnology company focused on Alzheimer’s disease, today announced that management is scheduled to present at the Jefferies Virtual Healthcare Conference today, June 3, 2020, at 3:00 pm EST.Cassava Sciences also provided an update, including a discussion regarding recently announced top-line results of a Phase 2b randomized, placebo-controlled study of PTI-125 in patients with Alzheimer’s disease. The Company believes high variability...

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Major shareholder announcement from Kapitalforeningen Investering & Tryghed

Pursuant to section 30 of the Danish Capital Market Act it is hereby announced that Kapitalforeningen Investering & Tryghed, in accordance with section 38,1 of the Danish Capital Market Act, has informed Gabriel Holding A/S that Kapitalforeningen Investering & Tryghed on 2 June 2020 has purchased 50.000 shares in Gabriel Holding A/S, corresponding to 2.65% of the share capital and voting rights in Gabriel Holding A/S.Following the purchase of shares in Gabriel Holding A/S, Kapitalforeningen Investering & Tryghed now holds 117,295 shares corresponding to 6.21% of the share capital and voting rights in Gabriel Holding A/S.

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Storaktionærmeddelelse fra Kapitalforeningen Investering & Tryghed

Med henvisning til Kapitalmarkedslovens § 30 oplyses det hermed, at Kapitalforeningen Investering & Tryghed i henhold til Kapitalmarkedslovens § 38, stk. 1, har meddelt Gabriel Holding A/S, at Kapitalforeningen Investering & Tryghed d. 2. juni 2020 har købt 50.000 stk. aktier i Gabriel Holding A/S svarende til 2,65 % af aktiekapitalen og stemmerne i Gabriel Holding A/S.Efter købet af aktierne i Gabriel Holding A/S, har Kapitalforeningen Investering & Tryghed en beholdning på i alt 117.295 aktier svarende til 6,21% af aktiekapitalen og stemmerne i Gabriel Holding A/S.Vedhæftet filGabriel Holding AS – Meddelelse nr. 9 – Storaktionær

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