Day: May 24, 2021

Herndon, VA, May 24, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Sysorex (OTCQB: SYSX), the largest U.S.-based, publicly traded Ethereum mining company, today provided a business update addressing certain advantages of its US-based operations. “Last week, it was widely reported that Chinese Vice Premier Liu He and the Chinese State Council issued a statement calling for increased cryptocurrency regulation in China, specifically referencing Bitcoin mining and trading,” said Wayne Wasserberg, CEO of Sysorex and President of wholly-owned TTM Digital Assets & Technologies (TTM).  “If China moves to regulate Bitcoin mining and perhaps the mining of other cryptocurrencies, this could cause a decline in Chinese participation in the Ethereum Blockchain network hashrate, which could prove advantageous for our business in several...

DENVER, May 24, 2021 (GLOBE NEWSWIRE) — Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), today announced that James Dempsey, EVP and chief financial officer, Frontier Airlines, will participate in the Ultra-Low-Cost-Carrier panel discussion at the Wolfe Research Transportation and Industrials Conference on Tuesday, May 25th at 10:20 AM EDT. A link to the live webcast of the panel discussion can be found on the investor relations section of Frontier Airlines’ website at https://ir.flyfrontier.com/news-and-events/events. About Frontier Airlines Frontier Airlines (NASDAQ: ULCC) is committed to “Low Fares Done Right.” Headquartered in Denver, Colorado, the company operates more than 100 A320 family aircraft and has the largest A320neo fleet in the U.S. The use of these aircraft, Frontier’s seating...

Pompano Beach, Fl., May 24, 2021 (GLOBE NEWSWIRE) — BioStem Technologies, Inc. (OTC PINK: BSEM) (“BioStem” or the “Company”), a leading life sciences company specializing in perinatal tissue allografts for use in regenerative therapies, today announced that it has filed its first quarter financial reports for 2021. First Quarter 2021 Financial Results Summary:Sales of $952,508 for the three months ended March 31, 2021, up 22% compared to sales of $777,365 for the three months ended March 31, 2020. Cost of sales of $216,414, and a 77.23% gross margin for the three months ended March 31, 2021, compared to cost of sales of $423,578, and a gross margin of 45.5% for the three months ended March 31, 2020, an improvement of over 31% in overall gross margin on the products. Net loss for the three months ended...

Old Bethpage, New York, May 24, 2021 (GLOBE NEWSWIRE) — Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has acquired a 35-acre property located in Huerfano County, Colorado (the “Property”) through a wholly owned subsidiary (“PropCo”). The Property is strategically located in a part of southern Colorado that offers a very favorable business setting and growing environment for efficient and sustainable greenhouse cultivation. The property currently has multiple greenhouses and support buildings which will be upgraded through a redevelopment plan that Power REIT will fund along with the new construction of additional greenhouse space. Upon completion, the Property will comprise approximately 102,800 square feet of greenhouse and related space. Power REIT’s total capital commitment for the...

Devices Offer RDS(ON) Down to 0.95 mΩ and Improved FOM of 29.8 mΩ*nC in PowerPAK® 1212‑8S Package MALVERN, Pa., May 24, 2021 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a versatile new 30 V n-channel TrenchFET® Gen V power MOSFET that delivers increased power density and efficiency for both isolated and non-isolated topologies. Offered in the 3.3 mm by 3.3 mm thermally enhanced PowerPAK® 1212-8S package, the Vishay Siliconix SiSS52DN features best in class on-resistance of 0.95 mΩ at 10 V, a 5 % improvement over the previous-generation product. In addition, the device delivers on-resistance of 1.5 mΩ at 4.5 V, while its 29.8 mΩ*nC on-resistance times gate charge at 4.5 V — a critical figure of merit (FOM) for MOSFETs used in switching applications — is one of the lowest on the market. The SiSS52DN’s...

OXFORD, Miss., May 24, 2021 (GLOBE NEWSWIRE) — Oxford Treatment Center has announced the addition of equine therapy at the Resolutions Campus, the facility’s outpatient center and sober housing location. The program will be led by Dr. Katie Holtcamp, an internationally recognized expert with equine-assisted therapies with more than a decade of experience. For more therapies offered at Oxford Treatment Center, visit https://oxfordtreatment.com/addiction-treatment-ms/our-therapies/. Patients at Oxford’s Outpatient Clinic will participate in hands-on and evidence-based programming designed to gain insight into their behaviors, thoughts and feelings of active addiction. Patients will also learn through various simulations how to develop and employ healthy and appropriate strategies that will assist in maintaining their recovery. Dr....

Chicago IL, May 24, 2021 (GLOBE NEWSWIRE) — FOMO CORP. (https://www.fomoworldwide.com – US OTC: FOMC) is pleased to announce that its acquisition target, SmartGuard-Solutions LLC (SGS – https://smartguard-solutions.com), has been advised that the U.S. Navy has qualified the SGS air disinfecting UV-C light fan for a NON-COMPETITIVE BID AND PROCUREMENT PROCESS. Furthermore, the U.S. Navy views the fan as a “unique or highly specialized” product and that SGS is the only source for procurement of this product. SGS was further advised that, in the vetting process, SGS’s fan was compared with 19 other vendors supplying products similar to that of the SGS fan and that SGS prevailed on the basis of superior specifications, efficacy of performance and pricing. The U.S. Navy has been purchasing SGS’s air disinfecting UV-C light...

BETHESDA, Md., May 24, 2021 (GLOBE NEWSWIRE) — Liquidity Services, the world’s largest B2B e-commerce marketplace for business and government surplus, has partnered with LocalWorks to establish a small business incubator within its Bethesda, MD headquarters office. The co-working space includes 46 turn-key office cubes and suites, and two conference rooms with high-speed internet to accommodate technology and professional service entrepreneurs and small businesses. “Our high growth, market leading e-commerce business has attracted talent from across the world that continue to realize productivity benefits of our hybrid office model across our global workforce. We have now extended this hybrid office environment to our Bethesda, MD headquarters and used this opportunity to create a co-working space to attract and inspire other entrepreneurs...