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Month: September 2021

LUMIBIRD: 2021 HALF-YEAR EARNINGS: LUMIBIRD CAPITALIZES ON THE RECOVERY, TRIPLING ITS CURRENT OPERATING INCOME

Lannion, September 21, 2021 – 5:45pm 2021 HALF-YEAR EARNINGS: LUMIBIRD CAPITALIZES ON THE RECOVERY, TRIPLING ITS CURRENT OPERATING INCOMEEBITDA up 88% to €14.3m (+51% like-for-like) Strong contribution to earnings from the two Photonics and Medical divisions +€8.1m of operating cash flow, despite the increase in inventory levelsThe LUMIBIRD Group, the European leader for laser technologies, is reporting strong half-year earnings growth, reflecting the impact of the recovery and the rapid integration of Ellex within the Medical division. Extract from the condensed half-year consolidated financial statements approved by the Board of Directors on September 21, 2021At 30 June (€m)   H1 2021   H1 2020   Reported change Change at constant scope (1)Value % Value %Revenues 75.4 45.8 +29.7 +65% +13.7...

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Sidetrade: Record Net Profit up 89%, even during period of significant investment in US

 Strong bookings momentum in H1 Rapid ramp-up in the US   SaaS revenue jumps 17%   Record Net Profit up 89%, even during period of significant investment in US   Rock-solid financial position, with enhanced liquidity   Order-to-Cash solutions continue to attract attention from global research and advisory firms due to heightened need for healthy cashflow following Covid-19 crisis   Sidetrade (Euronext Growth: ALBFR.PA), the AI-powered Order-to-Cash (O2C) platform, has released its 2021 H1 figures, including record SaaS revenue (up 17%) and an 89% leap in net profit, in the context of continued investment in its US business.     Olivier Novasque, CEO and founder of Sidetrade, commented: The first half of 2021 marked a clear turning point for Sidetrade. Firstly, multiple top global research and advisory firms recognized Sidetrade as one...

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UPDATE – Emerging Markets Report: Fifty Million Reasons

Logiq to Enter Massive Market, Changes Lives for the Better An Emerging Markets Sponsored Commentary ORLANDO, Fla., Sept. 21, 2021 (GLOBE NEWSWIRE) — Not long ago we continued our coverage of Logiq, Inc. (NEO: LGIQ) (OTCQX: LGIQ), a global provider of award-winning e-commerce and fintech solutions with an essay on how the Company reported that it launched a new exclusive mobile payment option for driver license psychological testing in Indonesia. The tests are mandatory for millions of Indonesians looking to obtain or renew their license. It’s not that we are prophetic or even that we’re that skilled at identifying opportunity. We just know that deals can beget deals. And with the size of the opportunity in Indonesia. As such, it is with interest that we are looking at the report that Logiq received approval of an annual lending...

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Loncor Announces Appointment of John Barker as Chief Executive Officer

TORONTO, Sept. 21, 2021 (GLOBE NEWSWIRE) — Loncor Gold Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) is pleased to announce the appointment of Mr. John Barker as Chief Executive Officer (“CEO”) of Loncor. Mr. Barker commented: “It’s a privilege to have been appointed CEO through arguably the most exciting period of Loncor’s history. Looking ahead, it will be key for the team to continue to expand the shareholder base while on the ground looking to release the inherent latent value we believe lies within the Loncor story. With the mining world searching for “high-quality” gold deposits, we believe we are developing just such a project at Adumbi. Over the next few months, Loncor will look to quantify Adumbi’s potential through the ongoing Preliminary...

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Rackspace Technology Empowers Productivity with Rackspace Elastic Engineering for Microsoft 365

New Offering Delivers Modernized Email and Productivity Applications through a Flexible, Scalable Services Approach SAN ANTONIO, Sept. 21, 2021 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the launch of Rackspace Elastic Engineering for Microsoft 365. The offering takes a holistic approach to email and productivity application solutions for small, medium, or enterprise customers covering the areas of roadmap and strategy, tech guidance and advice, business process design, enhancements, adoption and ROI, and security and compliance.   Rackspace Elastic Engineering for Microsoft 365 provides accessible, flexible, scalable, and cost-effective services for Microsoft 365, helping maximize value and deliver better business outcomes while modernizing...

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Everything Blockchain, Inc. Expands Board with Appointment of Two Independent Directors in Preparation for Up Listing to Senior Exchange

Fleming Island, Florida, Sept. 21, 2021 (GLOBE NEWSWIRE) — Everything Blockchain, Inc., (OTCMKTS:  OBTX) an advanced platform architect, development and services company and software foundry, specializing in blockchain technologies and decentralized processing, announced today that it has expanded its Board of Directors to five directors in anticipation of fulfilling its requirements for an up listing to NASDAQ or the New York Stock Exchange (NYSE).    The Company filled the new positions through unanimous approval of the Board of Directors and a majority of its shareholders.  Richard C. Schaeffer, Jr. and Thomas G Amon accepted the positions on the Board of Directors.  Mr. Schaeffer is a former Senior Executive with the National Security Agency (NSA), with almost 50 years in the Information Security, Cyber Security, and Intelligence...

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Oryzon Announces $1 Million Grant From Kabuki Syndrome Philanthropists to Support a Precision Medicine Phase I/II Trial With Vafidemstat

HOPE will be the first clinical trial in precision medicine with vafidemstat in neurodevelopmental diseasesMulticentric study to assess the efficacy of vafidemstat in Kabuki syndrome patientsExpected to start in early 2022In collaboration with the Kennedy-Krieger InstituteMADRID, Spain and CAMBRIDGE, Mass., Sept. 21, 2021 (GLOBE NEWSWIRE) — Oryzon Genomics, S.A. (ISIN Code: ES0167733015, ORY), a clinical-stage biopharmaceutical company leveraging epigenetics to develop therapies in diseases with strong unmet medical need, announced today that it has received a one million USD grant to support a new clinical trial with our Phase II LSD1 inhibitor vafidemstat in patients with Kabuki syndrome (KS). The grant was awarded by a patient family whose other philanthropic endeavors include founding the Roya Kabuki clinic at Boston...

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Vector Solutions Enters Senior Care Industry with Acquisition of CareSafely

Acquisition Supports Vector’s Mission to Serve Everyday Heroes, Including Three Million Frontline Workers Caring for SeniorsTAMPA, FL & AUSTIN, TX, Sept. 21, 2021 (GLOBE NEWSWIRE) — Vector Solutions, the leading provider of industry-focused software solutions for training, workforce management, and risk communications, has acquired CareSafely, a software and content platform purpose-built to enable senior living and long-term care providers to strengthen their Quality, Safety, and Compliance (QSC) programs. The addition of CareSafely to Vector Solutions supports Vector’s mission to serve everyday heroes by delivering intelligent software solutions that empower them to make safer, smarter, and better decisions, and also introduces a new fast-growing vertical for Vector as the senior care industry employs more...

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Islandsbanki hf.: Íslandsbanki issues SEK 750 million Additional Tier 1 notes

Íslandsbanki hf. has today launched its inaugural issue of Additional Tier 1 notes as part of its plan to optimise its capital structure. The issue of SEK 750 million perpetual notes with a 5-year call was placed with investors across Scandinavia and continental Europe and was considerably oversubscribed. The transaction pays a coupon of 3-month STIBOR +475 basis points for the life of the notes and features a temporary write-down structure, a 5.125% CET 1 trigger. The Notes are expected to be rated BB- by Standard & Poors. The issue will be listed on GEM Euronext Dublin on 28 September 2021. Sole Structuring Advisor is UBS Investment Bank. Joint Lead Managers are Danske Bank A/S, Skandinaviska Enskilda Banken AB (Publ) and UBS Investment Bank. Birna Einarsdóttir, CEO of Íslandbanki: “I am greatly encouraged by the warm reception...

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