Day: July 15, 2020
Parsippany, New Jersey, USA, July 15, 2020 (GLOBE NEWSWIRE) — Microlab, a Wireless Telecom Group company (NYSE American: WTT), announced today that it has expanded its broad portfolio of RF signal distribution and combining solutions to enable the deployment of commercial wireless networks utilizing new licensed and unlicensed mid-band spectrum allocations. The new spectrum includes highly valued mid-band frequencies within the Citizen Broadband Radio Service (CBRS), C-Band, 2.5 GHz Band 41 and Release 16 5G New Radio Unlicensed (NR-U) standards. Mid-band spectrum is ideal for 5G due to its capacity for higher data transmission and lower transmission loss yielding wider coverage. With Microlab solutions, Mobile Network Operators (MNOs), neutral host providers, system integrators and 3rd party operators will be able to improve capacity...
LMP Automotive Holdings, Inc. Pre-Announces Strong Second Quarter Results Amid COVID-19 Crisis – Significant Increase in Revenue and Operating Profit
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Preliminary Expected Results of Operations Quarter-to-QuarterRevenue Increased 29% to $6.9MGross Profits Increased 33% to $1.1MNet Income Increased by $1.9M to $.02 Per SharePLANTATION, Fla., July 15, 2020 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ:LMPX) (the “Company”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe for or finance pre-owned and new automobiles, today announced certain preliminary results of operations for the three months ended June 30, 2020.Preliminary Expected Results of OperationsFor the three months ended June 30, 2020, the Company expects to report the following operating results:Revenue is expected to be aproximately $6,895,000, an increase of $1,545,325 ascompared to Q1 2020;Gross profit is expected to be $1,156,314, an improvement of...
Integer’s Patent Litigation Victory Affirmed on Appeal
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PLANO, Texas, July 15, 2020 (GLOBE NEWSWIRE) — Integer Holdings Corporation (“Integer”) (NYSE: ITGR), a leading medical device outsource manufacturer, announced that the United States Court of Appeals for the Federal Circuit affirmed yesterday, in all respects, the judgment in its favor granted in the United States District Court for the District of Delaware in the long-running patent infringement dispute with its competitor, AVX Corporation, and its subsidiary, AVX Filters Corporation.Integer’s subsidiary, Greatbatch Ltd., was awarded a judgment in an amount exceeding $27M caused by AVX’s infringement of three Greatbatch patents following four separate trials. The complaint, filed in April 2013, alleged that AVX had infringed Greatbatch patents by manufacturing and selling filtered feedthrough assemblies used in implantable pacemakers...
Qorvo® to Webcast Quarterly Earnings Conference Call on July 29, 2020
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GREENSBORO, N.C., July 15, 2020 (GLOBE NEWSWIRE) — Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, will host a conference call to review fiscal 2021 first quarter financial results on Wednesday, July 29, 2020, at 5:00 p.m. (ET). The conference call will be webcast live on the Company’s website at the following URL: http://www.qorvo.com (under “Investors”).A telephone playback of the conference call will be available approximately two hours after the call’s completion and can be accessed by dialing 719-457-0820 and using the passcode 2952909. The playback will be available through the close of business August 5, 2020.Qorvo will distribute fiscal 2021 first quarter financial results at approximately 4:00 p.m. (ET) on Wednesday, July 29, 2020.About QorvoQorvo (Nasdaq: QRVO) makes a...
Saatchi Art Launches Augmented Reality Feature on Mobile Web
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SANTA MONICA, Calif., July 15, 2020 (GLOBE NEWSWIRE) — A leading online art gallery, Saatchi Art today announced the launch of augmented reality (AR) “view in a room” for customers on mobile web. This new feature is Saatchi Art’s latest investment in mobile, as the online art platform has seen record numbers of customers from mobile web over the past year.Since Spring 2019, Saatchi Art has seen a significant shift in its customer behavior, with mobile web users outpacing desktop. In Q2 2020, Saatchi Art’s mobile transactions grew 100% year-over-year.Saatchi Art’s new mobile augmented reality “View in a Room” feature, previously only available to app users, allows art buyers to select artworks and instantly view them on their own walls at home through their phone or tablet. Through two simple steps, users can easily “test” artworks...
Prospect Park Announces Closing of Non-Brokered Private Placement
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VANCOUVER, British Columbia, July 15, 2020 (GLOBE NEWSWIRE) — Prospect Park Capital Corp. (the “Company”) (TSXV:PPK), announces it has closed its previously announced non-brokered private placement for gross proceeds of $312,413 through the issuance of 2,777,000 units (a “Unit” or “Units”) of the Company at $0.1125 per Unit (the “Offering”). Each Unit consists of (i) one (1) common share of the Company, and (ii) one (1) transferable common share purchase warrant. Each warrant entitles the holder thereof to acquire one additional common share of the Company at a price of $0.23 per share until the date that is twenty-four (24) months from closing. The net proceeds of the Offering will be used by the Company for working capital. The Company had originally announced that the Unit would consist of a half warrant exercisable at...
Textile Chemicals Market Size to Reach USD 26.40 Billion by 2027; Rising Demand for Sustainable Chemicals in Textile Manufacturing will Aid Growth, says Fortune Business Insights™
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Pune, July 15, 2020 (GLOBE NEWSWIRE) — The global textile chemicals market size is projected to reach USD 26.40 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favor of the growth of the market. According to a report published by Fortune Business Insights, titled “Textile Chemicals Market Size, Share & COVID-19 Impact Analysis, By Product Type (Coating & Sizing Chemicals, Colorant & Auxiliaries, Finishing Agents, Surfactants, De-sizing Agents and Others), By Application (Apparel, Home Furnishing and Technical Textiles) and Regional Forecast, 2020-2027,” the market was worth USD 20.85 billion in 2019 and will exhibit a CAGR of 3.2% during the forecast period, 2020-2027.We are taking continuous efforts to help your business sustain and grow during...
EDAP Announces Recent Focal One Sales Successes
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Company completes four Focal One sales, including three bundled sales that combine Focal One® with Exact Imaging’s ExactVu micro ultrasound imaging solutionCompany recorded an additional three stand-alone ExactVu purchase orders at major centersLYON, France, July 15, 2020 — EDAP TMS SA (Nasdaq: EDAP) (“the Company”), the global leader in robotic energy-based therapies, today provided an update on recent sales successes that occurred during the second quarter and early third quarter.During the second quarter, the company added Edouard Herriot University Hospital in Lyon, France, and Ochsner Medical Center in New Orleans, Louisiana, to its roster of highly regarded Focal One hospital customers. Notably, both sales also included the ExactVu micro ultrasound system as bundled deals. Early in the third quarter, the company completed...
Idera Pharmaceuticals Announces Private Placement of up to $20.0 Million
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EXTON, Pa., July 15, 2020 (GLOBE NEWSWIRE) — Idera Pharmaceuticals, Inc. (Nasdaq: IDRA) today announced entering into an agreement with a fund affiliated with institutional investors providing for a private placement exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to which Idera has sold shares of common stock (or common stock equivalents), together with accompanying warrants to purchase an additional shares of common stock, for aggregate gross proceeds of $5.1 million (Tranche 1). The combined purchase price per share of common stock (or common stock equivalent) and accompanying full warrant was $1.845. The common stock warrants have an exercise price of $2.58 per share and a term of three years and are exercisable at any time or times, provided that the investors will be prohibited...
California State Universities Choose BrewBilt’s System for Their New Beer Brewing Educational Program
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SACRAMENTO, CA, July 15, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Today BrewBilt Manufacturing Inc. (the “Company”) (OTCPINK: BBRW), announced that California State University in Sacramento had approved to purchase the $400,000 BrewBilt system as a part of their upcoming new Craft-Beer Brewing Program for students to be certified in the business of craft brewing. Chairman Jef Lewis stated, “Our shareholders who’ve chosen to be a part of our beer-family should be proud to learn that CSU chose the BrewBilt system to be installed in their Sacramento campus. In the fall of 2013 San Diego State University, in response to the city’s burgeoning craft beer industry, commenced with their Professional Certificate in the Business of Craft Beer program which reflected the explosive growth of the craft beer industry in San Diego...