Month: August 2021

PITTSBURGH, Aug. 16, 2021 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI) (“II-VI” or the “Company”), a leader in engineered materials and optoelectronic components, today announced that Francis J. Kramer, II-VI’s current Board chair and former CEO, will transition to Chair Emeritus while continuing as a director, effective immediately following the annual meeting of II-VI shareholders in November, 2021, and that Dr. Vincent D. Mattera, Jr., II-VI’s current Chief Executive Officer and a director, will become Chair of II-VI’s board of directors at that time. “II-VI has a legacy of stable and consistent leadership, and I am pleased that the Board has selected Chuck to succeed me as Chair,” Kramer said. “Chuck has an extensive history and knowledge of the Company and its changing markets, and he is the right person to lead the...

REDWOOD CITY, Calif., Aug. 16, 2021 (GLOBE NEWSWIRE) — Sumo Logic, (Nasdaq: SUMO) the pioneer in continuous intelligence, today announced that it will report financial results for the second quarter ended July 31, 2021 after market close on Thursday, September 9, 2021. The company will host a conference call on the same day beginning at 1:30 PM Pacific Time (4:30PM Eastern Time) to discuss financial results and business highlights. To access the conference call, dial (877) 407-0784 from the United States or (201) 689-8560 internationally and reference the company name and conference title. Following the completion of the call, a replay will be available for approximately two weeks. The replay can be accessed by dialing (844) 512-2921 from the United States or (412) 317-6671 internationally and using the recording passcode 13722497....

ABU DHABI, United Arab Emirates, Aug. 16, 2021 (GLOBE NEWSWIRE) — Abu Dhabi-based independent music company PopArabia announces the launch of ESMAA, a new UAE-based music Rights Management Entity (“RME”) to facilitate music licensing in the Gulf region. ESMAA works broadly with both global rights holders and regional businesses to provide Gulf markets with the ability to license music domestically for the first time. ESMAA has concluded agreements to represent the rights of global collecting societies including the UK’s PRS for Music and Canada’s SOCAN, representing over 30 million musical works and over 150,000 songwriters, composers, and music publishers respectively through these deals. In addition, ESMAA has signed agreements to license iconic U.K record label Chrysalis Music and Global Master Rights, the neighbouring rights...

Calgary, Alberta, Aug. 16, 2021 (GLOBE NEWSWIRE) — Xfuels Inc.  (OTC PINK: XFLS) is pleased to report that the company has signed an oilseed supply and biodiesel off-take agreement with an Indigenous-owned company  Infinity  Petroleum Energy Resources Inc. The company will purchase from  Infinity  Energy oilseed for its biodiesel production as wells as Infinity Energy will market Xfuels biodiesel product. Mr. Michael McLaren states, “Infinity Energy had previously negotiated long- term oilseed contracts for its  purposes  as  well  as  several  long-term  off-take agreements.”  He further said, “A contract  between  the  two  companies  only made sense given the relationship between Infinity and Xfuels.” He then stated, “Mr. Charles Iggulden, CEO of Infinity Energy, also acts as and Xfuels President...

NETANYA, Israel, Aug. 16, 2021 (GLOBE NEWSWIRE) — RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA), a leading global provider of advanced software-defined tactical radars for the maneuver force (“RADA” or the “Company”), announced that it has been notified by Mr. Haim Regev that he is resigning as a member of the Board of Directors of the Company due to his nomination to serve as the Israeli Ambassador to the EU and the NATO forces effective August 15, 2021. Mr. Regev has served as a director of the Company since May 2019.  The Company thanks Mr. Regev for his service as a member of its Board of Directors and wishes him much success in his new position. About RADA Electronic Industries Ltd. RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The Company is a...

NETANYA, Israel, Aug. 16, 2021 (GLOBE NEWSWIRE) — RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA), a leading global provider of advanced software-defined tactical radars for the maneuver force (“RADA”), and Alpha Design Technologies Pvt. Ltd., (“ADTL”), a 1,200+ people-strong, professional R&D and Production Organization, focused on the Defense and Aerospace domain, have executed a Memorandum of Understanding to establish a Joint Venture to market, manufacture, sell and support RADA’s radars in India. Based on Indian defense doctrines for air defense and force protection, RADA envisions this market as a strategic growth opportunity. In line with the Indian Government’s policies of “Make in India”, RADA decided to establish a strong local presence in India – in partnership with a leading local defense...