Month: August 2020

WISeKey gründet WISeAI, ein Joint Venture mit dem deutschen Marktführer für künstliche Intelligenz arago, das KI, IoT und Cybersicherheit zu einer vertrauenswürdigen europäischen Plattform zusammenführtZUG (Schweiz), GENF (Schweiz) und Frankfurt am Main (Deutschland) – 26. August, 2020 – WISeKey International Holding („WISeKey“, SIX: WIHN, NASDAQ: WKEY), ein führendes IoT-Unternehmen für Cybersicherheit, hat mit arago eine endgültige Vereinbarung zur Gründung der WISeAI AG, einem Joint Venture (JV) in der Schweiz, getroffen.WISeKey und arago arbeiten zusammen, um die erste End-to-End-AIoT-Plattform mit dem Codenamen WISeAI zu implementieren, die sich aus der bahnbrechenden Kombination ihrer branchenführenden Produkte ergibt: der AI-basierten Wissensautomatisierungs- und Datenplattform HIRO von arago und den Technologien von WISeKey...

Interoil Exploration and Production ASA is pleased to release its Q2 2020 interim financial reportHighlights in the quarter • The COVID-19 pandemic had a major shock on the oil industry. In the case of Interoil that effect has impacted in its figures due to the fall of prices and decreased volumes.• Gross production decreased by 67.5 % in Q2 2020 compared with Q1 2020 and 66.9% with the same period of last year. • Interoil’s EBITDA in Q2 2020 was negative USD 0.6 million, compared with a positive USD 0.9 in Q1 2020 and positive USD 2.1 in Q2 2019. Variation is related to a lower production, due to the halt of operations both in Mana and Vikingo and the collapse of the oil and gas prices.• During the past months, Interoil went through a rightsizing process of its operations, staff and obligations in order to cope with the challenge of...

TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — Braingrid Limited (CSE: BGRD) (“Braingrid” or the “Company”) is pleased to announce the appointment of Mr. Andrew Parks as the Company’s Interim Chief Executive Officer, who will lead a review of the Company’s business and potential strategic alternatives. Mr. Parks was previously appointed a director of the Company on April 9, 2020. For more information regarding the background and experience of Mr. Parks, please see the Company’s news release disseminated on April 9, 2020.About Braingrid:Braingrid is a global technology company committed to the best interests of the precision agriculture industry for the long term. We provide valuable grow analytics by capturing real-time data using our technology platform to increase revenues, reduce costs, risks and improve yield – making it easier...

TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — iLOOKABOUT Corp. (TSXV:ILA; OTCQB:ILATF) (“ILA” or “the Company”) today announced the signing of a non-binding term sheet with Starcap Marketing, LLC (d.b.a. Apex Software) (“Apex”), for the acquisition by ILA of Apex assets (the “Proposed Transaction”).“For ILA this is both a strategic and an accretive acquisition opportunity. Strategically the acquisition will add critical functionality to our desktop valuation platform and enable ILA to cross-sell our existing products throughout the US to over 2,200 Apex clients,” said Gary Yeoman, CEO of ILA, “Our growth strategy is focused on the US market and this acquisition allows us to continue to execute on that strategy in a meaningful way.”“We are pleased to further our pre-existing relationship with ILA with a transaction that we believe will...

VANCOUVER, British Columbia, Aug. 28, 2020 (GLOBE NEWSWIRE) — Far Resources Ltd. (CSE:FAT) (FSE:FOR) (OTC:FRRSF) is pleased to announce that it has closed a non-brokered private placement of $419,712.50 for 7,461,556 units at a price of $0.05625 per unit (the “Units”) in accordance with the price protection filed with the Canadian Securities Exchange on July 14th, 2020.  Each Unit consists of one common share (the “Shares”) and two two-year share purchase warrants, warrants A and B (the “Warrants”).  Warrant A entitles the holder to purchase one additional common share, exercisable at a price of $0.075 per share for the first twenty four months from the date of issue and Warrant B entitles the holder to purchase one additional common share, exercisable at a price of $0.10 per share also for a period of twenty four months from the...

SPRINGDALE, Ark., Aug. 28, 2020 (GLOBE NEWSWIRE) — Tyson Foods, Inc. is providing more than one million meals, ice and other supplies in response to severe weather impacting the Gulf region. Tyson Foods will coordinate with local authorities, the Salvation Army, Convoy of Hope, Operation Blessing and other disaster relief partners to establish a coordinated response to deliver these items to storm victims, volunteers, first responders and Tyson team members.“The impact of Hurricane Laura is still being felt and we’re deploying resources where we can make the most impact,” said Debra Vernon, senior director, corporate social responsibility, Tyson Foods. “This response wouldn’t be possible without the support of our team members, disaster relief partners and customers, who are all volunteering time and resources to make sure our response...

Allschwil, Switzerland – August 28, 2020Idorsia Ltd (SIX: IDIA) today announced that the positive results from the first pivotal Phase 3 study (evaluating 25 and 50 mg doses) of its investigational dual orexin receptor antagonist, daridorexant, in adult and elderly patients with insomnia, were presented by Dr Thomas Roth at SLEEP 2020. The study demonstrated efficacy of treatment with daridorexant on objective and subjective sleep parameters, and daytime functioning, with no next-morning residual effect.The Associated Professional Sleep Societies (APSS) event, SLEEP 2020, is the world’s largest meeting devoted entirely to clinical sleep medicine, and sleep and circadian research and is currently taking place as a virtual meeting. The presentation, entitled “Efficacy and safety of daridorexant in adult and elderly patients with insomnia”,...

Allschwil, Switzerland – August 28, 2020Idorsia Ltd (SIX: IDIA) today announced that the positive results from the first pivotal Phase 3 study (evaluating 25 and 50 mg doses) of its investigational dual orexin receptor antagonist, daridorexant, in adult and elderly patients with insomnia, were presented by Dr Thomas Roth at SLEEP 2020. The study demonstrated efficacy of treatment with daridorexant on objective and subjective sleep parameters, and daytime functioning, with no next-morning residual effect.The Associated Professional Sleep Societies (APSS) event, SLEEP 2020, is the world’s largest meeting devoted entirely to clinical sleep medicine, and sleep and circadian research and is currently taking place as a virtual meeting. The presentation, entitled “Efficacy and safety of daridorexant in adult and elderly patients with insomnia”,...

MOOREFIELD, W.Va., Aug. 28, 2020 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a third quarter 2020 dividend of $0.17 per share payable on September 30, 2020 to common shareholders of record as of the close of business on September 15, 2020.Summit Financial Group, Inc. is a $2.9 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley and Southwestern regions of Virginia, through its bank subsidiary, Summit Community Bank, Inc., which operates forty-one banking locations.

HAMILTON, N.J., Aug. 28, 2020 (GLOBE NEWSWIRE) — First Bank (Nasdaq Global Market: FRBA) today announced that the Kroll Bond Rating Agency (KBRA), a Nationally Recognized Statistical Rating Organization (NRSRO) registered with the U.S. Securities and Exchange Commission (SEC), has affirmed the Bank’s credit ratings and stable outlook. The announcement was made by Patrick L. Ryan, President and Chief Executive Officer.The Bank’s favorable ratings and a stable outlook were maintained with a Deposit rating of BBB+, Senior Unsecured Debt rating of BBB+, Subordinated Debt rating of BBB, Short-Term Deposit rating of K2 and a Short-Term Debt rating of K2. KBRA’s report and additional details on their rating scale can be found at their website at www.krollbondratings.com. According to KBRA’s report, “the Bank’s ratings are supported by...