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Day: August 23, 2021

Ecolab Announces Early Participation Date Results for Exchange Offers and Extension of Deadline to Receive the Early Participation Amount

ST. PAUL, Minn., Aug. 23, 2021 (GLOBE NEWSWIRE) — Ecolab Inc. (“Ecolab”) (NYSE:ECL) today announced results as of the expiration of the early participation period at 5:00 p.m., New York City time, on August 20, 2021 (the “Early Participation Date”), of its offers (“Exchange Offers”) to certain eligible holders to exchange its outstanding notes of the four series described in the table below (collectively, the “Old Notes”) for up to $500 million aggregate principal amount (the “Exchange Cap”) of its newly issued 2.750% Notes due 2055 (the “New Notes”) and cash (including cash in lieu of fractional New Notes). The New Notes will be a further issuance of, and will be in addition to, the 2.750% notes due 2055 (the “Original 2055 Notes”) that Ecolab issued for cash on August 18, 2021, in the aggregate principal amount of $300 million. The...

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New Stifel Survey Finds Tight Labor Market Poses Greatest Risk To Business

Corporate Executives, Business Owners, and Private Equity Investors Identify Supply Chain Disruptions and COVID-19 Case Surge as Additional Challenges to NavigateStifel Survey: Leaders Identify Today’s Biggest Business Opportunities and ChallengesStifel Financial survey of corporate executives, business owners, and private equity investors identifies today’s biggest opportunities and challenges.Stifel Survey: Tight Labor Market Poses Greatest Risk to BusinessA new Stifel survey of corporate executives, business owners, and private equity investors finds labor constraints, supply chain disruptions, and a potential COVID-19 resurgence pose the greatest risks to business.ST. LOUIS, Aug. 23, 2021 (GLOBE NEWSWIRE) — A recently completed Stifel Financial Corp. (NYSE: SF) survey of corporate...

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Adverum Appoints Global Regulatory Leader Jim Wang, Ph.D., as Senior Vice President, Head of Regulatory Affairs

REDWOOD CITY, Calif., Aug. 23, 2021 (GLOBE NEWSWIRE) — Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage gene therapy company targeting unmet medical needs in ocular and rare diseases, today announced that Jim Wang, Ph.D., has been appointed senior vice president, head of regulatory affairs. Reporting directly to Laurent Fischer, M.D., Adverum’s president and chief executive officer, Dr. Wang will lead regulatory strategies and execution for the company’s product pipeline. He brings more than 17 years of global regulatory experience, including a decade in gene therapy that includes the submission and approval for LUXTURNA®, the first gene therapy targeting a genetic disease that received regulatory approval in both the U.S. and EU.   “Jim brings expansive knowledge, expertise, and insight into global regulatory strategy...

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Tax Compliance Simplified for Property Preservation Specialists Thanks to Verisk, Avalara Integration

New Property Pres Wizard integration automates and enhances accuracy, efficiency of tax compliance workflows LEHI, Utah, Aug. 23, 2021 (GLOBE NEWSWIRE) — Verisk (Nasdaq:VRSK), a leading global provider of predictive analytics and decision-support solutions, and Avalara (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced an integration that can significantly streamline tax compliance workflows for property preservation specialists. The integration with Avalara’s AvaTax solution allows property preservation professionals to calculate sales and use tax in real time within Property Pres Wizard, a robust work order management solution developed by Verisk’s Xactware business. With this enhanced capability, property preservation specialists will be able to calculate sales tax quickly,...

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Kansas Department for Children and Families Selects Conduent to Upgrade Child Support Case Management System

Conduent will support the state’s system re-platforming from an aging mainframe computer to a modern, web-based system for 131,000 children and their parents 19-month implementation period will be followed by a year of maintenance support FLORHAM PARK, N.J., Aug. 23, 2021 (GLOBE NEWSWIRE) — The Kansas Department for Children and Families (DCF) has selected Conduent Incorporated (Nasdaq: CNDT), a business process services and solutions company, to re-platform its child support case management system affecting approximately 131,000 children and their parents in the state. Under the new contract, Conduent will manage the migration of the statewide child support enforcement system from an aging mainframe application to a modern, web-based application running in the Azure Cloud platform. Today, roughly half of state child support agencies...

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Pure Extracts to host live Webcast to discuss the signing of the Definitive Agreement for the Michigan extraction JV and to provide a business update

VANCOUVER, British Columbia, Aug. 23, 2021 (GLOBE NEWSWIRE) — Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp and the rapidly emerging psychedelic sector, today announced that is plans to host a webinar on Wednesday, August 25, 2021, at 12:00 pm EDT to discuss its latest Joint Venture in the United States and provide a general business update. To access the live Webcast: Join from a PC, Mac, iPad, iPhone, or Android device: Please click this URL to join. https://us06web.zoom.us/j/87307043262?pwd=VnVEazlGdzdRYkRPbjM5UXRrZUFlQT09 Passcode: 907162 Or join by phone: US: +1 253 215 8782 Canada: +1 778 907 2071 Webinar ID: 873 0704 3262 Passcode: 907162 International numbers available: https://us06web.zoom.us/u/kgWDovvTI A...

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Swedish National Broadcaster SVT Chooses Avid Software Subscription for TV News and Programming Production Workflows

Enterprise-wide subscription for MediaCentral platform and creative tools adds flexibility and capabilities for large and distributed production teams BURLINGTON, Mass., Aug. 23, 2021 (GLOBE NEWSWIRE) — Avid® (Nasdaq: AVID) today announced that Sveriges Television (SVT), Sweden’s largest television broadcaster, has expanded its investment in Avid technology to further enhance its end-to-end media production workflows, marking a new chapter in the two companies’ longstanding relationship. After almost three decades as an Avid customer, SVT has updated and future-proofed its production operations with the innovative MediaCentral® subscription model. SVT is one of many media companies turning to “as-a-service” offerings, moving from perpetual licenses to subscriptions with Avid to benefit from a more cost-efficient opex model. Due...

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Grom Social’s Top Draw Animation Founder Wayne Dearing Names Former Nickelodeon Exec Russell Hicks as Successor to Lead Animation Studio

Capping 40+ Year Career in Animation — Including More than Two Decades as Managing Director for Top Draw — Dearing Plans to Retire in 2022 Hicks to Lead Top Draw and Continue to Oversee Original IP for Curiosity Ink Media, Grom’s Newest Acquisition and Original Content Division Boca Raton, FL, Aug. 23, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Grom Social Enterprises, Inc. (NASDAQ:GROM), the emerging social media and family entertainment company, today announced that Wayne Dearing, whose legendary career in animation spans more than four decades – including 22 years since founding and serving as Managing Director of Grom’s Top Draw Animation division – will retire in 2022. To meet the growing animation needs of Top Draw’s roster of global entertainment customers, Grom will install former Nickelodeon President...

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MusclePharm Closes More Pre-Orders Reaching Pre-Production Sales Goal of $1 Million for MP Performance Energy Line Through Collective Distributors

CALABASAS, Calif., Aug. 23, 2021 (GLOBE NEWSWIRE) — MusclePharm Corporation (OTCMKTS: MSLP), a global provider of leading sports nutrition & lifestyle branded nutritional supplements, today reported that they have closed $1.0 million to date in pre-orders for MP Performance Energy, their new functional energy drink line, through their eight collective distributors. These orders will begin to ship in September 2021. MP Performance Energy will be on shelves in initial markets this September and FitMiss will be on shelves by close of 2021. Mr. Ryan Drexler, MusclePharm’s CEO and Chairman of the Board, stated, “Our ability to secure multiple top distributors and $1 million in pre-orders before product launch speaks to the strength of our brand name and our new energy business partners. We are just getting started in the functional...

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Dave Crawford Joins Bioventus as Vice President, Investor Relations and Treasurer

DURHAM, N.C., Aug. 23, 2021 (GLOBE NEWSWIRE) — Bioventus Inc. (Nasdaq: BVS) (“Bioventus” or the “Company”), a global leader in innovations for active healing, has appointed Dave Crawford as its Vice President, Investor Relations and Treasurer. Crawford has more than 20 years of experience across multiple areas of finance and comes to Bioventus from Avanos Medical, Inc. where he served for nearly seven years as its Vice President Treasurer, Investor Relations and Financial Planning and Analysis. “We are happy to welcome Dave to lead our investor relations department and manage treasury at Bioventus,” said Greg Anglum, Senior Vice President and CFO. “Dave’s record of accomplishments, strong relationships within the financial community and career in finance and treasury are a perfect fit for the Company.” Previously, Crawford spent...

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