Day: September 27, 2021

Progress Rings Nasdaq Opening Bell to Celebrate 40th Anniversary

Celebrating 40 years in business and 30 years since listing on the Nasdaq, the company looks to the future with a renewed customer commitment, strategic growth mindset and unparalleled product leadership BEDFORD, Mass., Sept. 27, 2021 (GLOBE NEWSWIRE) — Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact applications, announced that CEO Yogesh Gupta will ring the opening bell at the Nasdaq today at 9:30 a.m. ET. Gupta will be joined on the bell podium by members of the Progress leadership team to commemorate Progress’ 40th anniversary and 30th anniversary of being listed on the Nasdaq. The event will be broadcast from the Nasdaq MarketSite in Times Square and live streamed here. “Four decades ago, four visionaries came together to create a better way to build applications by serving...

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Intrado Digital Media Announces Rebrand to Notified

ISLANDIA, N.Y., Sept. 27, 2021 (GLOBE NEWSWIRE) — Intrado Corporation (“Intrado”), a global leader in technology-enabled services, announced today it is rebranding its Digital Media business to Notified®. The rebrand will provide Digital Media with a unique market identity, representative of its full solution suite. As the world’s only communications cloud for events, public relations, and investor relations, Intrado Digital Media’s platforms enable organizations of all sizes to engage, influence, and inform their most important audiences – employees, customers, investors, and the media. Concurrent with the rebranding to Notified, the business’ unique solutions will be renamed Event Cloud, Public Relations (“PR”) Cloud, and Investor Relations (“IR”) Cloud. Notified Event Cloud enables event planners, marketers, and communications...

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Mercury Systems to acquire Avalex Technologies Corporation

Continues to scale Mercury’s global avionics and mission systems business Complementary capabilities enhance position at forefront of military digital convergence Strong growth profile driven by platform modernization, supply chain delayering, innovative products Advances Mercury’s display offerings to include integrated smart displays Broadens mission processing capabilities, adding communications management ANDOVER, Mass., Sept. 27, 2021 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced that it has signed a definitive agreement to acquire Avalex Technologies Corporation (“Avalex”). Based in Gulf Breeze, Fla., Avalex is a provider of mission-critical avionics, including rugged displays, integrated communications...

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Friendly Hills Bank Completes Branch Acquisition

WHITTIER, Calif., Sept. 27, 2021 (GLOBE NEWSWIRE) — Friendly Hills Bancorp (OTCBB: FHLB), the holding company for Friendly Hills Bank, announced today the closing of its acquisition of three branch offices of Bank of Southern California, effective September 24, 2021. In connection with the branch acquisitions, Friendly Hills Bank assumed approximately $81.2 million in deposits and will operate from new locations in Orange, California and Redlands, California. Bank of Southern California’s Santa Fe Springs branch operation has been consolidated with the nearby Friendly Hills Bank’s Santa Fe Springs branch location. The net purchase price for the acquisition, including the cost of personal property and other fixed assets, was approximately $1.3 million. “We are delighted to welcome these new clients and employees to Friendly Hills...

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Kering: Disclosure of Transactions in Own Shares – September 20 to 24, 2021

  Paris, September 27, 2021,     Disclosure of Transactions in Own Shares   In accordance with the authorization given by the shareholders’ annual meeting on July 6, 2021 to trade on its own shares and pursuant to applicable law on share repurchase, Kering (LEI: 549300VGEJKB7SVUZR78) declares the following purchases of its own shares (FR0000121485) from September 20 to 24, 2021: Issuer’s name Issuer’s identifying code Date of transaction Identifying code of financial instrument Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares Market (MIC code) KERING 549300VGEJKB7SVUZR78 20/09/2021 FR0000121485 19 500 623.5855 XPAR KERING 549300VGEJKB7SVUZR78 21/09/2021 FR0000121485 19 500 629.5124 XPAR KERING 549300VGEJKB7SVUZR78 22/09/2021...

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Cannabix Technologies Ramps Up Beta Testing with THC Breathalyzer and Ships Additional Devices

Cannabix is developing Marijuana Breathalyzer devices to give law enforcement and employers a tool to enhance public safety VANCOUVER, British Columbia, Sept. 27, 2021 (GLOBE NEWSWIRE) — Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (the “Company” or “Cannabix”) developer of the Cannabix Marijuana Breathalyzer devices for law enforcement and the workplace reports that it is ramping up subject beta testing in a high-volume clinic in the Northwestern US and will ship an additional THC Breath Analyzer (“THCBA”) unit to the site. The collaborating clinic has a robust drug testing operation and is one of the top drug testing providers to employers within its respective state. The Company also reports that it has shipped two THCBA devices to a biomedical clinic in southern Ontario for beta-testing. The THCBA is a drug screening...

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StoneMor Inc. Announces Receipt of Letter Inviting Discussions Regarding Strategic Alternatives

BENSALEM, Pa., Sept. 27, 2021 (GLOBE NEWSWIRE) — StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, announced today that its board of directors (the “Board”) has received a letter (the “Letter”), dated September 22, 2021, from Axar Capital Management, LP (“Axar”) in which Axar expressed an interest in pursuing discussions concerning strategic alternatives that may be beneficial to the Company and its various stakeholders. Axar currently owns approximately 75% of the Company’s outstanding common stock. Axar has engaged Schulte Roth & Zabel LLP as its legal advisor and stated in the Letter that it would engage a financial advisor at the appropriate time. According to the Letter, Axar expects that any such discussions would be conducted with a special committee...

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omniQ Advanced A.I. Based License Plate Recognition Systems ordered to be deployed at the Miami International Airport (MIA)

omniQ AI Based Machine Vision solution now deployed at more than 40 airports including 50% of the top 20 hub airports in the U.S. including ATL, DFW, LAX, Newark, La Guardia and JFK. DESIGNA the contracted vendor by Miami Dade County selected omniQ’s VISION advanced A.I. LPR based systems for deployment at Miami International Airport Miami International Airport ranks #11 in the U.S. for large hub airports with 18.6 million passenger boardings in 2020 and becomes the fourth major hub airport in Florida to deploy omniQ VISION AI LPR based solutions. OMNIQ’s Miami International Airport win follows the recently announced orders for OMNIQ’s AI machine vision solutions from La sierra University, The Cypress College in California, The Georgia State University, The Largest Sea Port and the Border Control in Israel. SALT LAKE CITY, Sept. 27,...

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Hudbay Announces Collective Agreements with Unions in Manitoba

TORONTO, Sept. 27, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that new three-and-a-half year collective agreements have been ratified by the members of United Steelworkers (“USW”) Local 7106 and USW Local 9338. Members of the other four unions at Hudbay’s Manitoba operations ratified their respective three-and-a-half year collective agreements in July, as announced with the company’s second quarter results on August 9, 2021. This completes the collective bargaining process with all six of the company’s unions in Manitoba. About Hudbay Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators...

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Saint Jean Carbon Provides Update on Solid Ultrabattery Facility

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Sept. 27, 2021 (GLOBE NEWSWIRE) — Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce updates to its recently acquired Solid Ultrabattery subsidiary (SUB). The company remains on track to open its battery research and development (R&D) facility in Guelph, Ontario. All building permits have been approved by the city and the R&D center shall be operational no later than November 1st. The prototype equipment which has been in ocean transit for several weeks has arrived in Canada and is enroute to Guelph. Additional equipment, including battery testers and battery fabrication materials have been ordered to ensure that as the R&D facility becomes operational, prototype batteries...

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