Day: April 5, 2021

Washington, D.C., April 05, 2021 (GLOBE NEWSWIRE) — Lara Degenhart Cassidy, an insurance coverage attorney with nearly three decades of experience representing corporate policyholders and individuals in complex coverage disputes has joined Hunton Andrews Kurth LLP as a Special Counsel in Washington, D.C. Cassidy assists clients in the energy, chemical, retail, technology, construction, political law, financial services and entertainment industries pursue coverage in a wide range of underlying disputes, including class action securities litigation, shareholder derivative suits, regulatory and administrative proceedings, general liability claims, professional liability claims, wrongful death and food recall claims.   She joins the firm from Perkins Coie LLP and is the most recent addition to Hunton Andrews Kurth’s insurance coverage...

BUFFALO, N.Y., April 05, 2021 (GLOBE NEWSWIRE) — Downtime caused by unexpected maintenance is expensive. To help address this, Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, introduces Intelli-Connect™ Diagnostics and Analytics, the newest solution from its Automation Division. Using Intelli-Connect, crane and hoist users can access detailed system information on their tablet or smartphone through the Intelli-Connect Mobile App. With diagnostic information available at their fingertips, customers can address issues faster, reducing the mean time to recover, plan maintenance and ultimately increase uptime. “This new remote diagnostic and analytic solution delivers critical status information from a Magnetek variable frequency drive on a crane...

Solidifies Presence in Nevada Market with High-Quality Cultivation, Processing and Distribution Assets BOCA RATON, Fla., April 05, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced that its subsidiary, Production Excellence, LLC (“Production Excellence”), has completed the previously announced acquisition on July 25, 2019 of 100% of the equity of Franklin Bioscience NV, LLC (“FBS Nevada”). FBS Nevada holds medical and adult-use cannabis cultivation, processing, and distribution licenses issued by the Nevada Cannabis Control Board and currently operates cultivation, production and distribution facilities in North Las Vegas, Nevada. Jushi also owns the real estate associated with FBS Nevada’s facilities in North Las...

Pompano Beach, Fl., April 05, 2021 (GLOBE NEWSWIRE) — BioStem Technologies, Inc. (OTC PINK: BSEM) (“BioStem” or the “Company”), a leading pre-clinical-stage biotechnology company focused on harnessing elements of perinatal tissue for use in regenerative therapies, today reported financial results for the three and twelve months ended December 31, 2020. Fourth Quarter 2020 Financial Results Summary: Sales of $1,037,823 for the three months ended December 31, 2020, up 147% compared to Sales of $420,389 thousand for the three months ended December 31, 2019.Fiscal Year 2020 Financial Results Summary:Sales of $2.5 million for the twelve months ended December 31, 2020, compared to sales of $2.6 million for the twelve months ended December 31, 2019. Net loss of $2.4 million for the twelve months ended December...

Purpose-built solution for healthcare providers streamlines telemedicine experience to help improve patient care BlueJeans Telehealth addresses two key challenges:Tech Literacy: One click, download-free access to a video telehealth experience via mobile device or desktop to minimize technology complications Visit Efficiency: Expedite information sharing through a customizable landing experience that includes patient onboarding and education materialsBASKING RIDGE, N.J., April 05, 2021 (GLOBE NEWSWIRE) — Verizon Business today announced BlueJeans Telehealth, a simple, smart and trusted way for providers and patients to conduct data-driven virtual care conversations. As healthcare organizations look to advance their telehealth practices post-pandemic by extending personalized care into the home, BlueJeans Telehealth gives healthcare...

NEW HAVEN, Conn., April 05, 2021 (GLOBE NEWSWIRE) — Specialty diagnostics company Precipio, Inc. (NASDAQ: PRPO), announces a new “At-The-Market” (ATM) financing arrangement that improves its financing flexibility. As provided in the Company’s prospectus supplement filed on April 2, 2021, Precipio will be able to sell shares from time to time through the ATM offering, up to an aggregate of $20M. The Company anticipates that this will be its primary financing method going forward. The ATM will be managed by Alliance Global Partners, an investment bank with which Precipio has been working since 2017. This arrangement will be used in an ongoing manner to finance Precipio’s operations and provide the resources the Company needs to fuel its growth, particularly for its new HemeScreen offering for physician offices. As the Company continues...

SAN CARLOS, Calif., April 05, 2021 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a financial services company that leverages its digital platform to provide hardworking people with responsible, affordable, and credit-building alternatives to payday and auto title loans, today published its 2020 Corporate Responsibility and Sustainability Report. “In our first annual Corporate Responsibility and Sustainability Report, we have outlined our priorities around social impact, environmental performance, and governance, and we are proud of the positive impact we have had on the communities we serve and the company we have built,” said Oportun CEO, Raul Vazquez. “This includes donating at least 1 percent of our pretax income, equating to $2.6 million since 2016, to qualified nonprofits and directing more than 63 percent of our annual giving...

LIMASSOL, Cyprus, April 05, 2021 (GLOBE NEWSWIRE) — Castor Maritime Inc. (the “Company”) (NASDAQ: CTRM) announces today that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue approximately 192.3 million of its common shares and warrants to purchase up to an aggregate of 192.3 million common shares at a purchase price of $0.65 per common share and accompanying warrant in a registered direct offering (the “Offering”). The warrants will have an exercise price of $0.65 per share, are exercisable immediately and will expire five years following the date of issuance. Maxim Group LLC is acting as sole placement agent for the Offering. The gross proceeds to the Company from the Offering are estimated to be approximately $125.0 million before deducting the placement agent’s fees...

EMERYVILLE, Calif., April 05, 2021 (GLOBE NEWSWIRE) — Today, Berkeley Lights, Inc. (Nasdaq: BLI), a leader in digital cell biology, announced the launch of Opto Assure, a series of assays that provides yield and product quality data at an earlier stage in cell line development. The first of the series enables direct detection of product aggregates, ensuring a faster ramp toward volume production by evaluating biotherapeutic protein quality sooner in the antibody therapeutic development process. With Opto Assure, customers can rapidly select clonal cell lines with favorable manufacturability profiles, leading to decreased scale-up costs and better downstream products. Cell line development has become more challenging with the emergence of complex antibody therapeutic formats. These highly engineered proteins are prone to quality...

WINCHESTER, Va., April 05, 2021 (GLOBE NEWSWIRE) — As consumers become increasingly eco-conscious, more and more brands are committing to investing in sustainable improvements for their products and packaging. One simple solution is labeling products to inform consumers whether – and how – the product or packaging may be recycled. To help retailers clarify the recyclability of their packaging content, Trex Company, the world’s leading manufacturer of wood-alternative decking and railing – and one of the largest recyclers of polyethylene plastic film in North America, is rolling-out a free package labeling initiative as part of its NexTrex® Retail Recycling Program. Unlike other recycling labels, the NexTrex label is available at no cost to brands whose packaging has been tested and verified as acceptable for recycling into high-performance...