Day: January 26, 2021

ECGI Holdings Closes on Definitive Agreement to Acquire California Property for Cannabis Cultivation and Manufacturing

Written by Customer Service on January 26, 2021. Posted in Mergers And Acquisitions.

LOS ANGELES, Jan. 26, 2021 (GLOBE NEWSWIRE) — via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the “Company”) (OTC PINK: ECGI) today takes its first steps toward the development of its special cannabis acquisition model via the closing of a definitive agreement to acquire a privately held farm, which includes a 1.7 million-square-foot Northern California property zoned for cannabis cultivation, processing and manufacturing. The Company plans to initially utilize the site to cultivate premium cannabis strains while developing facilities onsite and a business model for regulated cannabis processing and manufacturing. The zoning of the site will support numerous cannabis business operations when licenses are issued.The definitive agreement is the first of several planned acquisitions of cannabis-zoned real properties and...

Ritter Insurance Marketing Continues Expansion, Acquires Ohio-Based Quick Insured Brokerage

Written by Customer Service on January 26, 2021. Posted in Mergers And Acquisitions.

HARRISBURG, Pa., Jan. 26, 2021 (GLOBE NEWSWIRE) — Ritter Insurance Marketing (Ritter), a national leader in Medicare and life insurance contracts and sales technology, has announced its merger with Ohio-based Quick Insured Brokerage (QIB), an independent wholesale brokerage agency.The purchase expands Ritter’s growing footprint into Ohio, as well as Georgia and Indiana, where QIB operates local offices. Through the new partnership, QIB agents will receive access to industry-leading technology, like the Ritter Platform CRM and Medicareful enrollment platform, and wide-ranging training and sales support.“We are thrilled to provide more robust resources to QIB and their agents while sharing our commitment to retaining relationships and a local and personal presence in Ohio, Georgia, and Indiana,” Ritter President Craig Ritter said....

Algolia Acquires MorphL, Launches AI-Powered Predictive Experiences and Personalization

Written by Customer Service on January 26, 2021. Posted in Mergers And Acquisitions.

Algolia acquires Google DNI-funded MorphL, an AI/ML platformMorphL’s AI/ML platform to fuel Algolia’s new AI offeringsAlgolia’s headless, API-first “building block” approach eliminates barriers to AI implementation, helping businesses drive conversion and personalizationSAN FRANCISCO, Jan. 26, 2021 (GLOBE NEWSWIRE) — Algolia, the leading Search-as-a-Service company, today announced that it has acquired MorphL, a Google Digital News Initiative-funded startup, to help power Algolia’s new AI offering. This new suite of API-based Artificial Intelligence (AI) and Machine Learning (ML) models enables developers, data scientists, and marketers to predict users’ intent, personalize online experiences, and create highly-targeted offers.To feed the desire for users’ expectations for instant gratification, companies are depending more and...

Xalles Outlines Enhanced Plan for 2021 Following VGR Acquisition

Written by Customer Service on January 26, 2021. Posted in Mergers And Acquisitions.

VGR Technology Partners Transaction Completion Creates an Enhanced Plan for Accretive AcquisitionsWASHINGTON, DC, Jan. 26, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, has completed the acquisition of VGR Technology Partners Inc. (“VGR”) in a share exchange agreement, previously announced on January 12, 2021.Xalles Holdings has taken a major step towards executing against its 2021 business plan. The completion of the VGR transaction means that Xalles Technology now has a wholly owned subsidiary in VGR Technology Partners that will be acquiring profitable IT staffing, consulting and product development companies throughout 2021 and beyond.VGR’s first acquisition was previously announced to be the group of Crown companies,...

Bionano Significantly Reduces Analysis Cost and Time to Actionable Results with Update to its Cloud Compute

Written by Customer Service on January 26, 2021. Posted in Public Companies.

SAN DIEGO, Jan. 26, 2021 (GLOBE NEWSWIRE) — Bionano Genomics, Inc. (Nasdaq: BNGO) announced the release of version 1.2 of its Compute On Demand (COD) cloud compute solution which significantly reduces the cost and time to analyze structural variants (SVs) in a human genome. This update is part of Bionano’s continuous efforts to decrease time to results while reducing per sample costs to make Saphyr data available for every clinician and researcher that needs it. In particular, this update allows for analysis results to be returned in 9 hours, a 30% decrease, and complements the recent increases in Saphyr system throughput of up to 96 samples per week.Bionano Saphyr users have the choice of several computing options, including the purchase of dedicated analysis servers, COD, or a combination of both, which allows for flexible management...

Beam Global Announces Record Fourth Quarter EV Arc™ Deliveries in 2020

Written by Customer Service on January 26, 2021. Posted in Public Companies.

SAN DIEGO, Jan. 26, 2021 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced deliveries of 33 EV ARC™ systems in the fourth quarter of 2020. The Company delivered more EV ARC™ systems in the 4th quarter of 2020 than in any previous 4th quarter and more than in any of the preceding three quarters during the year. Deployments of the flagship EV ARC™ sustainable EV charging system were made to enterprise, municipal government, Federal government and utility customers, for public, workplace and fleet vehicle charging. The majority of the deliveries were to enterprise and government customers in California, including purchases made under our recently extended California DGS contract number 1-18-61-16.“2020...

Home Bistro, Inc. 4th Quarter Online Orders Increase 289% over Comparable Previous Year Period

Written by Customer Service on January 26, 2021. Posted in Public Companies.

MIAMI BEACH, Fla., Jan. 26, 2021 (GLOBE NEWSWIRE) — Home Bistro, Inc. (OTC: HBIS) (“Home Bistro” or the “Company”) announced today that online orders for its ready-made gourmet meals increased by approximately 289% in the quarter ended December 31, 2020 compared to the same quarter of the previous year, while the total number of online orders in 2020 increased by 144% over 2019.Home Bistro’s CEO, Zalmi Duchman, stated, “The demand for Home Bistro meals continued to be brisk through the fourth quarter of 2020, adding to the momentum established midyear. New initiatives, such as the introduction of our Cat Cora branded meals in November and our year-end increase in advertising spend combined with strong seasonal and holiday demand, helped us achieve a strong performance.” Mr. Duchman added, “We will continue implementing our aggressive...

Enphase Energy Enhances its Digital Platform with the Acquisition of Sofdesk Inc.

Written by Customer Service on January 26, 2021. Posted in Public Companies.

FREMONT, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced the closing of its acquisition of Sofdesk Inc., headquartered in Montreal, Canada. Sofdesk’s SolargrafTM integrated software platform offers the industry’s leading digital tools and services designed to simplify and accelerate the end-to-end sales process across the residential solar industry.The Solargraf platform provides solar installers with critical pre-sales engagement design, quoting and work-flow management from any PC, tablet or mobile device. In addition, Sofdesk also offers RoofgrafTM, a software product that enables roofing contractors to generate homeowner proposals using advanced machine...

Invesco Real Estate Selects Altus Group to Strengthen Data Usability and Boost Decision-Making Efficiency for its Pan-European Portfolio

Written by Customer Service on January 26, 2021. Posted in Public Companies.

Altus Group provides ARGUS software solution as a managed service to tackle complexities of data management and deliver more efficient powerful analytics for InvescoTORONTO and MUNICH, Germany, Jan. 26, 2021 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced that Invesco Real Estate (“Invesco”), a global real estate investment manager, selected Altus Group as its technology partner to provide data management software and services that will transform how Invesco manages its €13.0 billion pan-European real estate portfolio with 177 assets across 15 countries.As a leading global real estate investment manager, Invesco’s data management requirements are complex and include the collection...

Osisko Windfall Infill Drilling: Insert Superlative Here

Written by Customer Service on January 26, 2021. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Jan. 26, 2021 (GLOBE NEWSWIRE) — Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new analytical results from the ongoing expansion and definition drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.Drilling is currently focused on the Lynx deposit. Osisko Chief Executive Officer John Burzynski commented: “Infill drilling at Windfall continues with more good results with respect to grade and width, particularly in the Lynx zones. Both underground and surface drills continue to infill our resources and explore open down plunge areas.”The table below contains resource definition infill intercepts...

Day: January 26, 2021

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