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Day: June 3, 2021

Willie Cecil Joins FLYHT as Company Launches Industry Leading AFIRS Edge with World’s First 5G wQAR

CALGARY, Alberta, June 03, 2021 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) announced today that industry veteran Willie Cecil has been hired by FLYHT as Sales Director, effective May 3, 2021. Additionally, FLYHT announced today that it will launch sales of AFIRS Edge, an industry leading LTE/5G wireless Quick Access Recorder (wQAR), Aircraft Interface Device (AID) product and edge computing platform, with the first installs planned for late 2021. Willie Cecil is a recognized industry innovator who has spent the last 20 years advancing industry changing technologies to a range of customers across the aerospace ecosystem. At FLYHT, he will drive product direction and provide sales and marketing support for the Actionable Intelligence (“AI”) products FLYHT is currently...

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Slinger Bag CEO Mike Ballardie To Be Interviewed For Newsmax-TV Tennis Tech Feature

Slinger BagSlinger Bag CEO Mike Ballardie Featured on NewsmaxBALTIMORE, June 03, 2021 (GLOBE NEWSWIRE) — Slinger Bag (OTCQB: SLBG), a sports brand launched in 2020 and focused on innovating game improvement equipment for all ball sports with an initial focus on the global tennis market, will be featured on the “National Report” show on Newsmax-TV, hosted by Emmy award-winning Emma Rechenberg and Emmy-nominated Shaun Kraisman. Slinger Bag’s CEO Mike Ballardie will join Serena Williams’ coach and Slinger Bag Ambassador Patrick Mouratoglou live on the show, scheduled for Thursday 3rd June (11:50am EST), to talk about how new tennis technology is shaking up the game of tennis globally. The interview can be viewed on satellite and cable, on the Newsmax App, online streaming service, or at newsmaxtv.com. The Slinger...

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LPL Financial Earns Spot Among 2021 Fortune 500 List

SAN DIEGO, June 03, 2021 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (Nasdaq: LPLA) today announced its inclusion in the 2021 Fortune 500 ranking for the first time in the company’s history. LPL was ranked No. 466 among the esteemed list of the largest U.S. companies ranked by annual revenue. LPL reported record revenue of $5.9B in 2020, an increase of nearly 37% over the last three years. “The performance of our company is a testament to the extraordinary work our financial advisors do for their clients and the dedication of our team to deliver on our mission to take care of our advisors so they can take care of their clients,” said Dan Arnold, LPL CEO and president. “We maintain an unwavering commitment to advisor independence, a model that is increasingly preferred by both advisors and investors as the marketplace seeks choice,...

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Cogent Growth Partners Advises Aldridge in Simultaneous Acquisitions of Tarrant Technology and ENTRUST Technology Consulting Services

Latest acquisitions follow more than 12 transactions Aldridge has completed where Cogent provided M&A advisory services ATLANTA, June 03, 2021 (GLOBE NEWSWIRE) — Cogent Growth Partners, a buy-side advisor and intermediary for mergers and acquisitions (M&A) in the IT Services sector, today announced the successful closings of two transactions with Aldridge, a leading IT services provider with offices in Texas and Seattle. In March, Aldridge acquired Tarrant Technology, a Fort Worth-based managed technology and services provider, as well as ENTRUST Technology Consulting Services, which supports the technology needs of small- to mid-sized businesses. Financial terms of the two independent acquisitions were not disclosed. “Cogent has been advising Aldridge, a serial acquirer, for a decade and these two most recent acquisitions...

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LexaGene Partners with Ethos Discovery to Develop New Companion Animal Diagnostic Tests

BEVERLY, Mass., June 03, 2021 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce it has partnered with Ethos Discovery to expand the test menu offerings that can be run on the MiQLab™ System. LexaGene’s first validated panel, namely the MiQLab™ Bacterial and AMR Test, was developed specifically for aiding in the diagnosis of urinary tract infections (UTI), one of the most common causes for veterinary visits in companion animals. This panel detects 94% of the pathogens that cause UTI in cats and dogs and screens for 13 different antimicrobial resistance targets that are useful in determining the therapies best suited for treatment. Impressed by the coverage of tests included...

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Monarch Plans to Restart the Beaufor Mine and the Beacon Mill by June 2022

The Corporation is moving into recruiting mode in preparation for the reopening of its facilities. Before operations were suspended, some 150 people worked at the Beaufor mine and 30 at the Beacon mill. Monarch will focus on operating the Beaufor Mine through two accesses (the production ramp near the mine (500 m) and the shaft), instead of the shaft access only. The Beaufor mine has produced over 1.1 million ounces of gold at an average grade of 7.50 g/t Au since it opened in the early 1930s. The 42,500-metre drilling program is ongoing, with four drills operating underground and one on surface. BBA Inc. will prepare a new resource estimate for the Beaufor mine during the summer of 2021.MONTREAL, June 03, 2021 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased...

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Critical Care Nutritional Products Market 2021 | Size, Share, Growth, Trends, Competitive Analysis, Revenue, Forecast Report

Top Players Covered in the Critical Care Nutritional Products Market Research Report Are Danone, LLC, Nestlé Health Science, Baxter and B. Braun Melsungen AG, Abbott, Mead Johnson & Company, Fresenius Kabi AG and other key market players. Pune, India, June 03, 2021 (GLOBE NEWSWIRE) — Global Critical Care Nutritional Products Market Size| 2021 Covid-19 Impact On Healthcare Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2026 is latest study published by Fortune Business Insights. The global critical care nutritional products industry is likely to gain impetus from the growing prevalence of chronic and acute diseases, such as cancer. According to a report by Fortune Business Insights, titled, “Critical Care Nutritional Products...

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Secureworks Reports First Quarter Fiscal 2022 Results

ATLANTA, June 03, 2021 (GLOBE NEWSWIRE) — Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its first quarter, which ended on April 30, 2021. Key Highlights500 customers on cloud-native Secureworks Taegis™ platform, resulting in annual recurring revenue (ARR) growth for the product of 191 percent on a year-over-year basis and 32 percent sequentially from the fourth quarter of fiscal year 2021, to end the first quarter of fiscal 2022 at $72 million.   For the quarter, GAAP gross margin increased to a record 59.0 percent and non-GAAP gross margin increased to a record 61.9 percent. Taegis MDR was named a Leader in the Forrester 2021 MDR Wave. Raising full fiscal year 2022 guidance for revenue to a range of $540 to $550 million and for Adjusted EBITDA to a range of $5 million negative...

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Latham Group, Inc. Reports First Quarter Fiscal 2021 Financial Results

Sales Growth Driven by Strong Consumer Demand Across Product Portfolio Company Introduces Outlook for Full Fiscal Year 2021 LATHAM, N.Y., June 03, 2021 (GLOBE NEWSWIRE) — Latham Group, Inc. (NASDAQ: SWIM) (“Latham” or “the Company”), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced financial results for the first quarter of its fiscal year 2021 ended April 3, 2021. First Quarter Highlights:Net sales of $148.7 million, up $97.6 million or 191% year-over-year Net income of $8.5 million, up $24.0 million year-over-year Adjusted EBITDA of $33.5 million up $35.4 million year-over-year, representing 22.5% Adjusted EBITDA margin“Our strong first quarter results reflect robust consumer demand for our products as homeowners...

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Global-E Reports First Quarter 2021 Results

PETAH-TIKVA, Israel, June 03, 2021 (GLOBE NEWSWIRE) — Global-e Online Ltd. (Nasdaq: GLBE) the company that makes e-commerce Border Agnostic, today reported financial results for the first quarter of 2021 as well as outlook for the second quarter and full year 2021. “We are excited to announce our first quarterly results as a public company, continuing our rapid growth, with Gross Merchandise Value (“GMV”) and revenue growing at 133% and 134% respectively, over the prior year.  We continue to capitalize and execute on the direct-to-consumer (“DTC”) cross-border e-commerce revolution, as we delivered outstanding results across the board, supported by continued execution of our strategy, ” said Amir Schlachet, Founder and CEO of Global-e. “Evidenced by our second quarter and full year guidance, Global-e’s momentum remains strong as...

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