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Day: July 23, 2020

Golar Power takes major step towards one of world’s largest GHG reduction initiatives

Golar Power Limited (“Golar Power”), a joint venture between Golar LNG Limited (NASDAQ ticker: GLNG) and Stonepeak Infrastructure Partners, is pleased to announce today the execution of a Memorandum of Understanding with Norsk Hydro to develop the first LNG terminal in the North of Brazil, a major step towards one of the largest greenhouse gas reduction initiatives, globally.The project will enable the supply of LNG to Norsk Hydro’s Alunorte refinery plant located close to the Vila do Conde Port in the Municipality of Barcarena, State of Pará, Brazil. Alunorte will also be the first operational customer for the Barcarena FSRU that Golar Power plans to bring into operation during the first half of 2022. Concluding final agreements with Norsk Hydro will therefore be an important step toward a Final Investment Decision within the next 4...

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Establishment Labs to Announce Second Quarter 2020 Financial Results on August 6

NEW YORK, July 23, 2020 (GLOBE NEWSWIRE) — Establishment Labs Holdings Inc. (Nasdaq: ESTA), a medical technology company focused on Women’s Health, initially in the breast aesthetics and reconstruction market, plans to announce its financial results for the quarter ended June 30, 2020 after the market closes on Thursday, August 6, 2020, and will host a conference call at 5:30 pm ET that day to discuss those results.To participate in the conference call, dial (877) 376-9925 (U.S. and Canada) or (629) 228-0732 (International) and use conference ID number 2649347. The call will also be available via live or archived webcast on the “Investor Relations” section of the Establishment Labs website at www.establishmentlabs.com.About Establishment LabsEstablishment Labs Holdings Inc. (NASDAQ: ESTA) is a global medical technology company focused...

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Ekso Bionics® to Report Second Quarter 2020 Financial Results on July 30, 2020

RICHMOND, Calif., July 23, 2020 (GLOBE NEWSWIRE) — Ekso Bionics Holdings, Inc. (Nasdaq: EKSO), an industry leader in exoskeleton technology for medical and industrial use, today announced that it will release financial and business results for the second quarter 2020 after the close of trading on Thursday, July 30, 2020. Management will host a conference call beginning at 1:30 p.m. PT / 4:30 p.m. ET to discuss the financial results and recent business developments.Investors interested in listening to the conference call may do so by dialing 877-407-3036 for domestic callers or 201-378-4919 for international callers. A live webcast of the event will be available in the “Investors” section of the company’s website at www.eksobionics.com, or by clicking here.A replay of the call will be available for two weeks by dialing 877-660-6853...

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First Merchants Corporation Announces Second Quarter 2020 Earnings Per Share

MUNCIE, Ind., July 23, 2020 (GLOBE NEWSWIRE) — First Merchants Corporation (NASDAQ – FRME) has reported second quarter 2020 net income of $33 million compared to $41.1 million during the same period in 2019.  Earnings per share for the period totaled $.62 per share compared to the second quarter of 2019 result of $.83 per share.  Year-to-date net income totaled $67.3 million compared to $79.9 million during the six months ended June 30, 2019.  Year-to-date earnings per share totaled $1.24 compared to $1.61 during the same period in 2019.Total assets equaled $13.8 billion as of the quarter-ended June 30, 2020 and loans totaled $9.3 billion.  The Corporation’s loan portfolio increased by $1.8 billion, or 23.7 percent, during the past twelve months.  Investments increased $696 million, or 33.3 percent, during the same period...

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TransMedics to Report Second Quarter 2020 Financial Results on August 5, 2020

ANDOVER, Mass., July 23, 2020 (GLOBE NEWSWIRE) — TransMedics Group, Inc. (“TransMedics”) (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart and liver failure, today announced that it will release financial results for the second quarter after market close on Wednesday, August 5, 2020. The TransMedics management team will host a corresponding conference call beginning at 4:30 p.m. ET / 1:30 p.m. PT.Investors interested in listening to the conference call may do so by dialing (866) 221-1172 for domestic callers or (270) 215-9603 for international callers, followed by Conference ID: 9858896. A live and archived webcast of the event will be available on the “Investors” section of the TransMedics website at https://investors.transmedics.com/. About TransMedics...

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Koss® Corporation Announces Second Phase of Intellectual Property Enforcement Program

MILWAUKEE, Wis., July 23, 2020 (GLOBE NEWSWIRE) — Koss® Corporation (NASDAQ Symbol: KOSS), the U.S. based high-fidelity Stereophone manufacturer and inventor of the world’s first SP/3 Stereophone in 1958, announced the next phase of the company’s intellectual property enforcement program.“Koss has taken deliberate action and filed multiple complaints in United States District Court against multiple companies that we believe are engaging in the willful infringement of several Koss patents,” said Michael J. Koss, Jr., Vice President – Marketing & Product.The Koss patents in this enforcement action date back to the mid-2000s when Koss began investing heavily in developing and inventing truly wireless headphones capable of operating as bidirectional endpoints, the company called this project “Striva”. Many of the features of the...

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NaturalShrimp, Inc. to Expand Production Facilities at Texas Plant Location

Dallas, Texas, July 23, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — NaturalShrimp, Inc. (OTCQB: SHMP), the aquaculture company that has developed and patented the first commercially-operational RAS (Recirculating Aquaculture System) for shrimp, announced today it plans to build an adjacent 40,000 square foot production facility (Site 2), at the La Coste site in Texas.This facility will mirror the existing site currently under construction. The current site will consist of a 40,000 square foot shrimp production building currently under construction that contains twenty (20) 2,000-gallon nursery tanks, forty (40) 20,000-gallon grow out tanks, two (2) 10,000-gallon settling tanks, and one (1) 20,000-gallon harvest tank for a total tank volume capacity of 880,000 gallons. Office suites, a conference room and reception center will...

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UPDATE: ECOFIBRE LIMITED – Ananda Health products used in first clinical trial on hemp-derived CBD to treat chemotherapy-induced peripheral neuropathy

Georgetown, Kentucky, July 23, 2020 (GLOBE NEWSWIRE) — Ecofibre Limited (Ecofibre, Company) (ASX:EOF, OTC-NASDAQ Intl Designation: EOFBF) is pleased to announce that the Lankenau Institute for Medical Research (LIMR), Wynnewood, Pa., has begun patient enrollment in a phase II clinical trial using Ananda Health hemp-derived cannabidiol (CBD). The purpose of this study is to assess the efficacy of a hemp-based CBD product, Ananda Health Spectrum gelcaps, on the severity and duration of chemotherapy-induced peripheral neuropathy (CIPN) among breast, colon, and ovarian cancer patients who received common types of neurotoxic chemotherapy. Ecofibre and Ananda demonstrate their commitment to advancing the science of CBD with the launch of the Coala-T-CBD study™ (ClinicalTrials.gov Identifier: NCT04398446). The phase II clinical trial began...

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Lakeland Bancorp Announces Second Quarter Results

OAK RIDGE, N.J., July 23, 2020 (GLOBE NEWSWIRE) — Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $11.9 million and earnings per diluted share (“EPS”) of $0.23 for the three months ended June 30, 2020 compared to net income of $17.5 million and diluted EPS of $0.34 for the second quarter of 2019. For the second quarter of 2020, annualized return on average assets was 0.67%, annualized return on average common equity was 6.42% and annualized return on average tangible common equity was 8.19%. For the six months ended June 30, 2020, the Company reported net income of $24.2 million and earnings per diluted share (“EPS”) of $0.47 compared to net income of $33.1 million and diluted EPS of $0.65 for the first six months of 2019. For the first six months of 2020,...

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Fortran Corporation Receives Purchase Order From Caldwell County School District for 11 Hikvision Thermal Imaging Temperature Sensing Cameras

Conover, NC, July 23, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Fortran Corporation (OTC: FRTN) a leading telecommunications system integrator and distributor of Hikvision thermal graphic temperature sensing cameras, is pleased to announce B and L Telephone, LLC, one of Fortran’s wholly owned subsidiaries, has received a purchase order for 11 thermal imaging temperature sensing cameras to be installed in certain schools within the Caldwell County school district. These cameras will play an integral part in providing safety measures for faculty, staff, students, and parents for the upcoming school year. In addition, B and L Telephone received a contract for the sale and installation of a Hikvision thermal imaging temperature sensing camera for a local research facility in Hickory, North Carolina. This device will allow the research...

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