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Month: August 2020

Bright Mountain Media Reports Record Second Quarter 2020 Financial Results

 Company Expects Fiscal 2020 Revenues to Grow to $22.0 MillionBoca Raton, FL, Aug. 24, 2020 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM), an end-to-end digital media and advertising services platform, has provided its financial results for the second quarter ended June 30, 2020.Management Commentary“The second quarter of 2020 witnessed the addition of our newly acquired Wild Sky Media, establishing new synergies and efficiencies that are further propelling growth,” said Kip Speyer, Chairman and Chief Executive Officer of Bright Mountain Media. “Our success in growing our platform over the last two months has created a new perception within the industry, as we position ourselves as a leading end-to-end digital media and advertising services platform. This addition will enable us to capture more of the advertising...

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Cyber Security Market to Benefit from Increasing Application of AI and IoT Technologies

Pune, Aug. 24, 2020 (GLOBE NEWSWIRE) — The global cyber security market value is expected to reach USD 281.74 billion by 2027, from its current standing at USD 112.01 billion. According to the report by Fortune Business Insights, titled “Cyber Security Market Size, Share & Industry Analysis, By Solution (Network Security, Cloud Application Security, End-point Security, Secure Web Gateway, Internet Security and Others), By Deployment Type (Cloud and On Premise), By Enterprise Size (Small & Medium Enterprise and Large Enterprise), By End-Use (BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities and Others) and Region Forecast, 2020-2027” The report also contains an in-depth analysis of the various factors and dynamics that will shape the market during...

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Wrap Technologies Announces National Sponsorship of the National Faith & Blue Weekend

TEMPE, Ariz., Aug. 24, 2020 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (“Wrap” or the “Company”) (Nasdaq: WRTC) is proud to sponsor the 2020 National Faith & Blue Weekend (NFBW) as one of three exclusive sponsors. National law enforcement groups, MovementForward, Inc.’s One Congregation One Precinct (OneCOP) initiative and the U.S. Department of Justice Office of Community Oriented Policing Services (COPS Office) are jointly organizing the most consolidated police-community engagement project in recent history. Wrap Technologies, FirstNet Built with AT&T, and Motorola Solutions Foundation are the sponsors for this effort. The mission of NFBW is to facilitate safer, stronger and more unified communities by connecting law enforcement officers and residents through local houses of worship.“Wrap Technologies is honored to...

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Resonant to Present at LD Micro 500 Virtual Investor Conference

GOLETA, Calif., Aug. 24, 2020 (GLOBE NEWSWIRE) — Resonant Inc. (NASDAQ: RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, today announced that management will present at the LD 500 virtual investor conference, hosted by LD Micro and taking place virtually September 1 – 4, 2020.George B. Holmes, Chairman and Chief Executive Officer of Resonant, and Dylan Kelly, Chief Operating Officer, are scheduled to host a virtual presentation during the conference as follows and will participate in one-on-one meetings throughout the day. We expect 5G to be a big topic of these discussions and will plan to speak in detail about Resonant’s XBAR technology and how it is shaping up to change the RF Filter landscape.LD 500 Virtual Investor ConferenceDate:...

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ElectraMeccanica Announces Production Start Date of August 26th for Flagship SOLO EV

VANCOUVER, British Columbia, Aug. 24, 2020 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, today announced an official start date of August 26th for the commencement of production for its flagship SOLO EV.The SOLO is a purpose-built, all-electric, three-wheeled vehicle for the modern urban environment. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. The SOLO has a range of over 100 miles and a top speed of 80 mph, making it safe for any road or highway. The vehicle features front and rear crumple zones, triple-side impact protection, roll bar, torque-limiting control and many premium comfort features, such as power steering, power brakes,...

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C-Bond Systems to Present at LD Micro 500 Virtual Investor Conference

HOUSTON, Aug. 24, 2020 (GLOBE NEWSWIRE) — C-Bond Systems, Inc. (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, today announced that management will present at the LD 500 virtual investor conference, hosted by LD Micro, taking place September 1-4, 2020.Scott R. Silverman, Chairman and Chief Executive Officer of C-Bond Systems, is scheduled to host a virtual presentation during the conference as follows and will participate in one-on-one meetings throughout the day.LD 500 Virtual Investor ConferenceDate: Wednesday, September 2, 2020  Time: 12:20 p.m. Eastern time (9:20 a.m. Pacific time) – Track 2  Webcast: https://www.webcaster4.com/Webcast/Page/2019/36174A live audio webcast and archive of the conference presentation will be available using the webcast link above. For more information on the LD 500 virtual...

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MamaMancini’s to Present at LD Micro 500 Virtual Investor Conference

EAST RUTHERFORD, NJ, Aug. 24, 2020 (GLOBE NEWSWIRE) — MamaMancini’s Holdings, Inc. (OTCQB: MMMB), a marketer of specialty pre-prepared, frozen and refrigerated food products, today announced that management will present at the LD 500 virtual investor conference, hosted by LD Micro and taking place virtually September 1 – 4, 2020.Carl Wolf, Chairman and Chief Executive Officer of MamaMancini’s, is scheduled to host a virtual presentation during the conference as follows and will participate in one-on-one meetings throughout the day.LD 500 Virtual Investor ConferenceDate: Wednesday, September 2, 2020Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time) – Track 2Webcast: https://www.webcaster4.com/Webcast/Page/2019/36179A live audio webcast and archive of the conference presentation will be available using the webcast link above....

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OSS Receives $4.3 Million in DSU Purchase Orders for Military Radar Application as Follow-on to $36 Million Supplier Agreement

ESCONDIDO, Calif., Aug. 24, 2020 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (Nasdaq: OSS), a leader in specialized high-performance edge computing, has received two anticipated purchase orders of $4.3 million for OSS mil-spec data storage units (DSUs) to be fulfilled in the second half of 2020.These purchase orders are in conjunction with the previously announced $36 million, five-year sole-source supplier agreement to provide mil-spec flash storage arrays for an airborne military radar application.The DSUs use high-speed flash storage contained in removable canisters for the easy and secure transport of high volumes of data from surveillance aircraft to ground-base stations. The systems are capable of storing encrypted data collected in real-time from advanced radar and other airborne sensors. These orders are inclusive of airborne...

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Kaseya Boosts IT Complete Security Suite with Acquisition of Graphus, Industry-Leading Automated Phishing Defense Platform

NEW YORK and MIAMI, Aug. 24, 2020 (GLOBE NEWSWIRE) — Kaseya®, the leading provider of IT infrastructure and security management solutions for managed service providers (MSPs) and small to medium sized businesses (SMBs), today expanded the capabilities of its award-winning IT Complete platform by acquiring and integrating Graphus®, a powerful automated phishing defense platform. At a time when workforces are nearly 100% remote and cloud email adoption is at an all-time high, businesses have an even greater need for strong cybersecurity defenses to avoid devastating data breaches and financial consequences. With this acquisition, IT Complete now includes a simple, automated, powerful and cost effective email security and phishing defense platform.The Graphus solution uses patented AI technology to defend Microsoft Office 365 and G...

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Millrock Reports TSX-V Approval to Acquire Gold Exploration Projects in Fairbanks District, Alaska

VANCOUVER, British Columbia, Aug. 24, 2020 (GLOBE NEWSWIRE) — Millrock Resources Inc. (TSX-V: MRO, OTCQB: MLRKF) (“Millrock” or the “Company”) reports that the TSX Venture Exchange has approved two arm’s length property transactions in Alaska, announced on July 29, 2020.Millrock has secured the mineral rights to the Treasure Creek property through an Exclusive Rights Agreement (“ERA”). Millrock may, at any time up to September 30, 2021, enter an Option to Purchase Agreement with predetermined business terms. The ERA obligates Millrock to perform adequate assessment work of approximately USD$15,000 and to pay Alaska claim rental fees in 2020 of approximately USD$25,000. Under the terms of the ERA, Millrock has issued 500,000 common shares at a deemed price of CAD$0.20625 per share to the underlying owners of the Treasure...

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