Day: September 3, 2020
TORONTO, Sept. 03, 2020 (GLOBE NEWSWIRE) — Loncor Resources Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) reports that its subsidiary, Adumbi Mining, has been restructured as per the requirements of the OHADA (Organization for the Harmonization of Business Law in Africa) Uniform Act relating to commercial companies. OHADA Uniform Acts provide for a system of common business laws which have been adopted by seventeen West and Central African countries, including the Democratic Republic of the Congo (the “DRC”). The restructuring has resulted in Loncor increasing its interest in Adumbi Mining to 84.68%, minority shareholders holding 5.32% and the DRC 10%. The DRC was allocated 10% in accordance with the requirements of the new DRC Mining Code enacted...
Duluth Holdings Inc. Announces Second Quarter Fiscal 2020 Financial Results
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MOUNT HOREB, Wis., Sept. 03, 2020 (GLOBE NEWSWIRE) — Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s casual wear, workwear and accessories, today announced its financial results for the fiscal second quarter ended August 2, 2020.Highlights for the Second Quarter Ended August 2, 2020Net sales increased 12.6% to $137.4 million compared to $122.0 million in the prior-year second quarterDirect-to-consumer net sales increased 66.9% and retail store net sales decreased 40.4% as stores re-opened throughout the first half of the quarterGross margin decreased to 52.8% compared to 53.1% in the prior-year second quarterOperating income increased to $9.8 million compared to operating income of $3.7 million in the prior-year second quarterNet income...
DZS Teams with Nimbus Networks to Bring Hyper-Connectivity and Contactless Solutions to the Hospitality Market in Latin America
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PLANO, Texas, Sept. 03, 2020 (GLOBE NEWSWIRE) — DZS (NASDAQ: DZSI), a leading enabler of the hyper-connected world, has partnered with Nimbus Networks, an innovative IT integrator and leader in fiber, cloud, and managed services for the hospitality industry, to deliver a cutting-edge hyper-connected experience to over 20 high-end hotels across Latin America. By leveraging DZS FiberLAN technology, a state-of-the-art fiber optic and Wi-Fi infrastructure, and unique applications like Nimbus unique cloud based services, these hotels are revolutionizing the hospitality industry by raising the bar on customer expectations when they stay at Nimbus-enabled hotels.The DZS FiberLAN solutions leveraged by Nimbus utilize multi-gigabit capable GPON technology on the MXK-F OLT and Z-Series ONTs and wireless access points featuring world-class...
Todos Medical Announces August Sales of $1,190,000, Up 100% Compared with July
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NEW YORK, REHOVOT, Israel and SINGAPORE, Sept. 03, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Todos Medical Ltd. (OTCQB: TOMDF), an in vitro diagnostics company focused on distributing comprehensive solutions for COVID-19 screening and diagnosis, and developing blood tests for the early detection of cancer and Alzheimer’s disease, today announced sales for the month of August 2020 were $1,190,000. This compares with sales for the month of July 2020 of $550,000, with growth driven by week-over-week increases in demand for extraction reagents and automated extraction equipment.During August, Todos also signed sales contracts with laboratories in New York, Texas and Wisconsin with a total value of more than $35 million and the right to supply up to 280,000 COVID-19 PCR tests per day. Todos also entered into a common stock purchase...
EDAP Announces First Patients Treated in Phase 2 Study of Focal One for the Treatment of Deep Invasive Endometriosis
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· First patients already treated as recruitment acceleratesLYON, France, September 3, 2020 — EDAP TMS SA (Nasdaq: EDAP), the global leader in robotic energy-based therapies, today announced that the first two patients have been treated in the company’s Phase 2 clinical trial assessing Focal One® High Intensity Focused Ultrasound (HIFU) as a potential treatment for deep rectal endometriosis. A total of 38 women will be enrolled in the study and treated at five major hospitals and assessed over a six-month follow-up period. Follow-up of these patients will evaluate the safety and efficacy of HIFU for this pathology. Additional patients continue to be enrolled.Pr. Gil Dubernard, Head of the Gynecologic Department, Croix-Rousse University Hospital, Lyon, and lead investigator, commented, “The first two patient treatments were...
TomTom Launches RoadCheck: A Pioneering Product for Safer Autonomous Driving
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RoadCheck – an industry first technology – allows carmakers to manage where it is safe for drivers to activate automated driving functionsTomTom strengthens its claim as the most complete mapping service supplier for safe driving automationAMSTERDAM, The Netherlands, Sept. 03, 2020 (GLOBE NEWSWIRE) — TomTom (TOM2), the leading independent location technology specialist, today launched TomTom RoadCheck, a pioneering product for automated vehicles that allows carmakers to decide where it is safe for drivers to activate their vehicles’ automated driving functions.Safe automated driving is not always possible during periods of adverse weather, in tunnels, and in changing environments, such as during roadworks. RoadCheck enables carmakers to use TomTom’s high definition (HD) map data to define the operational design domain (ODD) of their...
Cue Biopharma to Present at Upcoming Investor Conferences in September 2020
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CAMBRIDGE, Mass., Sept. 03, 2020 (GLOBE NEWSWIRE) — Cue Biopharma, Inc. (NASDAQ: CUE), a clinical-stage biopharmaceutical company engineering a novel class of injectable biologics to selectively engage and modulate targeted T cells within the body, announced today it will present at the Baird Global Healthcare Conference on Wednesday, September 9, 2020, the Morgan Stanley Global Healthcare Conference on Thursday, September 17, 2020 and the Oppenheimer & Co. Fall Healthcare Life Sciences and MedTech Summit on Wednesday, September 23, 2020. The Company will also participate in Citi’s 15th Annual BioPharma Virtual Conference on September 9-10, 2020.Cue Biopharma will provide an overview highlighting the Immuno-STAT™ (Selective Targeting and Alteration of T cells) platform and its next-generation Neo-STAT™. The presentations...
Ackroo to hold 2020 Annual General Meeting on October 8th
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HAMILTON, Ontario, Sept. 03, 2020 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a loyalty marketing, gift card and payments technology and services provider, is pleased to announce that its annual general and special meeting of shareholders will be held on October 8, 2020 at 2:00 p.m. (Eastern Time). The meeting will be held in a hybrid format in which shareholders will be invited to join a live audio conference with management of the Company. At the meeting, management will be available to answer questions regarding the ongoing business of the Company, and interested shareholders are invited to attend.Further information on the format of the meeting and matters to be considered at the meeting will be made available in the management information circular which will be mailed to shareholders of record as...
GBT Announces Participation in Upcoming Investor Conferences
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SOUTH SAN FRANCISCO, Calif., Sept. 03, 2020 (GLOBE NEWSWIRE) — Global Blood Therapeutics, Inc. (GBT) (NASDAQ: GBT) today announced that members of the senior management team will participate in virtual fireside chats at the following investor conferences:Wells Fargo Securities 2020 Healthcare Conference on September 9 at 3:20 p.m. ET; H.C. Wainwright 22nd Annual Global Investment Conference on September 14 at 10:00 a.m. ET; Morgan Stanley 18th Annual Global Healthcare Conference on September 16 at 10:15 a.m. ET; and Cantor Fitzgerald Virtual Global Healthcare Conference on September 17 at 11:20 a.m. ET.The fireside chats will be webcast live from GBT’s website at www.gbt.com in the Investors section. Replays of the webcast will be archived and available for one month following each event.About Global Blood TherapeuticsGlobal Blood...
Sustainable Green Team, Ltd. (SGTM) Secures Packaging Agreement with Old Castle Lawn & Garden to Supply Midwest Chain Stores
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ORLANDO, Fla., Sept. 03, 2020 (GLOBE NEWSWIRE) — Sustainable Green Team, Ltd. (OTC: SGTM) (“SGTM” or the “Company”), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announces that its wholly owned subsidiary, Mulch Manufacturing, Inc., has secured a packaging agreement with Old Castle Lawn & Garden to supply large home improvement chains in the Midwest.Old Castle Lawn & Garden is a wholly owned subsidiary of CRH, a leading global diversified building materials group that employs over 80,300 people at more than 3,100 locations in 30 countries (learn more).SGTM’s CEO and Director Tony Raynor states, “I am honored to have been engaged by Old Castle Lawn & Garden and to secure a packaging agreement with this global company, increasing our strategic partnerships.”SGTM...