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Day: February 3, 2021

TrackX Reports Q4 and Fiscal 2020 Financial Results

DENVER, Feb. 03, 2021 (GLOBE NEWSWIRE) — TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announces the financial and operational highlights from its fourth quarter and fiscal year ended September 30, 2020. All results are reported in Canadian dollars unless otherwise specified. A complete set of the September 30, 2020 Consolidated Financial Statements and Management’s Discussion & Analysis has been filed on SEDAR (www.sedar.com).“Fiscal 2020 represented a challenging year for many companies,” said President and CEO, Tim Harvie. “Disruptions across many industries due to COVID-19 resulted in contract delays and an inability to travel to customer sites to complete implementations. While we expect to see progress on...

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InspireMD Secures Partner for Intended Registration and Distribution of CGuard EPS in Mainland China

TEL AVIV, Israel, Feb. 03, 2021 (GLOBE NEWSWIRE) — InspireMD, Inc. (NYSE American: NSPR), developer of the CGuard™ Embolic Prevention System (EPS) for the prevention of the stroke caused by carotid artery disease, today announced a transaction intended to achieve distribution of CGuard EPS in mainland China.InspireMD’s agreement with three China-based investment partners, including Shanghai Micro Medical (SMM) and QIDI Asia Medical, stipulates that the Chinese partners will be responsible for conducting all necessary registration trials for commercial approval, followed by an eight-year exclusive distribution right in China. In addition, QIDI has agreed to make a $900,000 investment in InspireMD’s common stock at the closing price on the day immediately prior to entering into the transaction in a private placement. The transactions...

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Bubblr Receives Notice of Allowance for U.S. Patent Application Covering ‘Internet-Based Search Mechanism’

Significant Milestone is Expected to Advance Company Mission to Fix Fundamental Flaws in the Current Internet Economic ModelLondon, UK, Feb. 03, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Bubblr Inc. (OTC PINK: BBLR) (“Bubblr” or the “Company”), an ethical technology company focused on the development and commercialization of mobile-first technologies, today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for its utility patent application covering its Internet-based Search Mechanism.The title of the invention is: “INTERNET-BASED SEARCH MECHANISM” and it encapsulates most of the key pillars of Bubblr’s proposed alternative economic ecosystem model, which will be manifested in the Company’s ad-free marketplace. The patent will facilitate end-users...

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Safe-T Group Ltd. to Participate at A.G.P.’s Virtual Emerging Growth Technology Conference on February 4, 2021

HERZLIYA, Israel, Feb. 03, 2021 (GLOBE NEWSWIRE) — Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of secure access solutions and intelligent data collection, today announced that Shachar Daniel, CEO of Safe-T Group, will be available to meet on a one-on-one basis at A.G.P.’s Virtual Emerging Growth Technology Conference on Thursday, February 4, 2021.Mr. Daniel will provide an overview of the Company and its Zero Trust Access solutions which mitigate attacks on enterprises’ business-critical services and sensitive data, while ensuring uninterrupted business continuity. COVID-19 has dramatically accelerated work-from-home (WFH) and Safe-T’s ZoneZero™ technology is capable of providing secure access for on-premise and hybrid cloud environments. ZoneZero™ looks to secure network access whether an employee is in the office...

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II-VI Incorporated Wins Fujitsu Supply Chain Excellence Award 2020

PITTSBURGH, Feb. 03, 2021 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leading supplier of transceivers, today announced that it received the Supply Chain Excellence Award 2020 from Fujitsu Network Communications Inc. at its virtual Supplier Appreciation Day held on January 14, 2021. II-VI was honored by Fujitsu in recognition of its excellent overall performance, including achievement of 100% on-time delivery.“II-VI is proud to receive this recognition from Fujitsu and would like to thank our operations teams for their dedication to excellence that made it possible,” said Dr. Lee Xu, Sr. Vice President, Transceivers Business Unit. “The award is a strong demonstration of our ability to leverage our vertical integration and global supply chain management to deliver advanced transceivers at scale to a world-class equipment...

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Pharmaceutical Glass Packaging Market to Reach USD 10.76 Billion by 2027; Development of New Glass Types to Boost Growth, Says Fortune Business Insights™

Pune, India, Feb. 03, 2021 (GLOBE NEWSWIRE) — The global pharmaceutical glass packaging market is set to gain momentum from the increasing development of new types of glasses owing to the high demand from the pharmaceutical industry. This information is given by Fortune Business Insights™ in a new study, titled, “Pharmaceutical Glass Packaging Market Size, Share & COVID-19 Impact Analysis, By Product (Vials & Ampoules, Bottles, Cartridges, and Syringes), By Drug Type (Generic, Branded, and Biologic), and Regional Forecast, 2020-2027.” The study further mentions that the market size was USD 6.31 billion in 2019 and is projected to reach USD 10.76 billion by 2027, exhibiting a CAGR of 6.3% during the forecast period.Surging Demand for Drugs Associated with COVID-19 to Affect Growth PositivelyThe COVID-19 pandemic has severely...

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UPDATE – CytomX Therapeutics Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares

SOUTH SAN FRANCISCO, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) — CytomX Therapeutics, Inc. (Nasdaq:CTMX), a clinical-stage, oncology-focused biopharmaceutical company with a vision of transforming lives with safer, more effective therapies, today announced that it has issued and sold an additional 2,142,857 shares of common stock, pursuant to the exercise in full of the underwriters’ option to purchase additional shares in connection with CytomX’s previously announced underwritten public offering of common stock. Including the shares sold pursuant to the underwriters’ option to purchase additional shares, CytomX issued and sold a total of 16,428,571 shares of common stock at a price to the public of $7.00 per share in the offering, resulting in net proceeds to CytomX of approximately $107.7 million, after deducting underwriting discounts...

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SJI to Host Fourth Quarter 2020 Earnings Conference Call

FOLSOM, NJ, Feb. 03, 2021 (GLOBE NEWSWIRE) —                                                                                             Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.comMedia Contact: Dominick DiRocco(609) 561-9000 ext. 4262ddirocco@sjindustries.comFOR IMMEDIATE RELEASESJI to Host Fourth Quarter 2020 Earnings Conference CallFOLSOM, NJ, February 3, 2021 – SJI (NYSE: SJI) President and Chief Executive Officer, Michael J. Renna, along with key members of the company’s Senior Management team, will host an open conference call and webcast to review the company’s fourth quarter 2020 financial results on Thursday, February 25, 2021 at 11:00 A.M. ET. SJI will release these results on Wednesday, February 24, 2021, following the market close.To listen to the conference call, please dial either the...

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Mimecast Announces Third Quarter 2021 Financial Results

LEXINGTON, Mass., Feb. 03, 2021 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced financial results for the third fiscal quarter ended December 31, 2020.Overall HighlightsTotal revenue of $129.6 million grew 18% year-over-year on a GAAP basis and 17% in constant currency.Solid execution of multi-product strategy drives average services per customer to 3.5 from 3.3 in the same quarter last year.Added 500 net new customers. Total customers 39,600 globally.Significant wins in enterprise, including 24 six-figure deals.Net Revenue retention rate of 104%.GAAP gross profit percentage of 76%, Non-GAAP gross profit percentage of 77%.GAAP EPS of $0.16 per diluted share, Non-GAAP EPS of $0.33 per diluted share.Helene Auriol Potier joined the Board of Directors. Ms. Auriol Potier...

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EbixCash Wins Prestigious Long-term Contract for Automating and Digitizing the City of Pune’s Bus Ticketing and Fare Collection System

NOIDA, India and JOHNS CREEK, Ga., Feb. 03, 2021 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that its Indian subsidiary EbixCash has been awarded the prestigious order to design, develop, build, install, maintain, operate and transfer the automatic fare collection system for all the buses run by the Government owned transport corporation in Pune, namely Pune Mahanagar Parivahan Mahamandal Limited (PMPML).EbixCash will implement the end-to-end on-demand bus automation system across a minimum of 2,000 buses in the city of Pune. The initial term of the contract will be 7 years, with EbixCash deploying the platform over the next 3 months.EbixCash’s Intelligent Transport Management...

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