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Month: September 2021

Top Ships Reports $1.7 Million Profit for the Six Months Ended June 30, 2021

ATHENS, Greece, Sept. 09, 2021 (GLOBE NEWSWIRE) — TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today its unaudited financial results for the six months ended June 30, 2021. For the six months ended June 30, 2021, the Company reported:Total revenues of $25.3 million Net Income of $1.7 million Adjusted EBITDA of $14.3 million* Total Assets of $353.1 millionEvangelos Pistiolis, the President, Chief Executive Officer and Director of the Company, said: “2021 has been another transformative year for the company. We completed the sale of all our non-scrubber fitted vessels and expanded our Crude Oil Tanker fleet with the delivery of two very high-specification Suezmax vessels, during the first half, and the addition of two very high specification...

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Orbit International Corp. Reports Consolidated August Bookings in Excess of $3,200,000

HAUPPAUGE, N.Y., Sept. 09, 2021 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for both its Electronics Group (“OEG”) and Power Group (“OPG”) were in excess of $3,200,000 for the month of August 2021. Deliveries for certain of these orders have already commenced and are expected to continue through the fourth quarter of 2022. Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report that consolidated bookings for our OEG and OPG exceeded $3,200,000 for the month of August 2021. These orders were highlighted by an approximately $1,530,000 order received by our OEG for a display used on two significant helicopter programs. Our sales teams for the OEG are working on additional new...

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New Hampshire Extends Partnership with Conduent to Maintain, Operate and Enhance Medicaid Management Information System

Company will continue to support Medicaid beneficiaries and providers with a range of services including online enrollment, eligibility verification and claims processing Conduent will also upgrade technical capabilities of the Medicaid system to increase security and processing speed and provide cost efficiencies FLORHAM PARK, N.J., Sept. 09, 2021 (GLOBE NEWSWIRE) — Conduent Incorporated (Nasdaq: CNDT), a business process services and solutions company, today announced it has extended its partnership with the New Hampshire Department of Health and Human Services (NH DHHS), serving as the exclusive provider of services to modernize the state’s Medicaid Management Information System (MMIS). Conduent will provide maintenance, operations and enhancements that support NH DHHS’s ability to serve approximately 220,000 beneficiaries and...

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AgriFORCE Announces Memorandum of Understanding to Deploy its Proprietary Facility and Intellectual Property in Barbados for the Production of High Value Medical and Agricultural Products

VANCOUVER, British Columbia, Sept. 09, 2021 (GLOBE NEWSWIRE) — AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI;AGRIW), an innovative AgTech company focused on developing and acquiring agriculture IP that advances sustainable cultivation and processing for crops across multiple verticals, today announced the signing of a Memorandum of Understanding (“MOU”) with Humboldt Bliss, Ltd. (“Humboldt”), an agriculture and aquaculture business based in Barbados, West Indies. Pursuant to the MOU, the parties plan to deploy AgriFORCE’s foundational intellectual property – including a proprietary facility design, production and operation technologies, and automated growing system (AgriFORCE Grow House) for the cultivation and sale of high value medical and agricultural products into the Caribbean and global pharmaceutical...

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Trinity Biotech Announces Results for Q2, 2021

DUBLIN, Ireland, Sept. 09, 2021 (GLOBE NEWSWIRE) — Trinity Biotech plc (Nasdaq: TRIB), a leading developer and manufacturer of diagnostic products for the point-of-care and clinical laboratory markets, today announced results for the quarter ended June 30, 2021. Quarter 2 Results Total revenues for Q2, 2021 were $25.8m, which compares to $16.0m in Q2, 2020, an increase of $9.8m and which were broken down as follows:  2020Quarter 2 2021Quarter 2  Increase  US$’000 US$’000 %Point-of-Care 1,267 1,958 54.5%  Clinical Laboratory 14,757 23,885 61.9%  Total 16,024 25,843 61.3%  Point-of-Care revenues for Q2, 2021 increased from $1.3m to $2.0m when compared to Q2, 2020, an increase of almost 55%. This increase was attributable to higher HIV revenues from Africa related sales. In Q2 2020, revenues were significantly impacted...

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Green Hygienics Holdings Inc. (GRYN) to Become First Hemp Company to Develop ESG Report Using SASB Framework

SAN DIEGO, Sept. 09, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Green Hygienics Holdings Inc. (OTCQB: GRYN) (“Green Hygienics” or the “Company”), is pleased to be the first industrial hemp company in the U.S. to announce the publication of its annual Environmental, Social and Governance Report (“ESG Report”) using the Sustainability Accounting Standards Board (SASB) framework. This inaugural report demonstrates the Company’s goal to set the benchmark in the industry and advance a more sustainable future through three distinct areas: economic viability, eco-responsibility and social equity. To fulfill the Company’s mission to enhance long-term company value while promoting a more transparent path of sustainable development, Green Hygienics worked closely with Keramida Inc., a premier environmental engineering and sustainability...

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Chart and FLSmidth to collaborate on carbon capture that targets over 90% removal of CO2 emissions from cement production

Jill Evanko, CEO Chart IndustriesJill Evanko, CEO Chart IndustriesFLSmidth and Chart collaborationPartnership logoCarsten Riisberg Lund_FLSmidthCarsten Riisberg Lund, Cement President FLSmidthFLSmidth has signed an agreement with Chart Industries, Inc. (“Chart”) to implement advanced carbon capture technology to significantly reduce CO2 emissions from cement production. Cement production represents 7-8% of the global CO2 emission – carbon capture technologies are essential to reduce that number and meet the targets of the Paris Agreement. The new collaboration between FLSmidth and Chart joins the two companies’ efforts to adapt and commercialize Chart’s Cryogenic Carbon CaptureTM (CCC) for customers in the cement industry.  CCC is an advanced post-combustion technology developed by Sustainable...

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DatChat Announces Exhibit Participation at Propelify Innovation Festival on October 6, 2021

NEW BRUNSWICK, N.J., Sept. 09, 2021 (GLOBE NEWSWIRE) — DatChat, Inc. (“DatChat” or “the Company”) (NASDAQ: DATS), a communications software company that gives users the ability to communicate with privacy and protection, today announced its participation as an exhibitor in the Propelify Innovation Festival, an innovation and entrepreneurship event taking place in-person in Hoboken, New Jersey on October 6, 2021. The Propelify Innovation Festival, powered by TechUnited: NJ, seeks to empower innovators, entrepreneurs, and instigators who propel the future. The event will consist of curated roundtables, creative sessions, investor speed dating, and VIP networking throughout the day. The event will also feature live exhibit hours, during which DatChat will present. “Propelify is an exciting opportunity to connect with other...

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Volaris Group Expands in Utilities Market With the Acquisition of INCOM

TORONTO, Sept. 09, 2021 (GLOBE NEWSWIRE) — Volaris Group Inc. (“Volaris”) today announced that it has acquired INCOM SAS (“INCOM”). Based in Hérouville-Saint Clair (France), INCOM is a leading provider of business software solutions for water and energy distributors. This acquisition further expands Volaris presence in the important utilities vertical. “We are thrilled to welcome INCOM to the Volaris family,” said Ateet Patel, Managing Director at Volaris. “We see this acquisition as an opportunity to not only support the INCOM team as they look to expand within the markets they serve, but also to build a portfolio of business software solutions in France through possible future acquisitions.” INCOM is a complete web-based solution for customer relationship management, administrative and commercial management,...

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Borqs Technologies Announces Binding Term Sheet to Acquire Solar Energy and Storage Company, Holu Hou Energy LLC

Investor Conference Call Scheduled for Thursday, September 9 at 4:15 pm ETWill add approximately $48M of Revenue in 2022 and $8.2M of EBITDA Projecting Revenue of $145M by 2025 Provider of High Margin Proprietary Smart Home and Smart Community Energy Systems Addressing a U.S. Smart Home Market Expected to Grow to $62.7 Billion by 2023 and a Global Market Expected to Grow to $622 billion by 2026SANTA CLARA, Calif., Sept. 09, 2021 (GLOBE NEWSWIRE) — Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs,” or the “Company”), a global provider of embedded software and products for the Internet of Things (IoT) and a portfolio company of Qualcomm Technologies, today announced it signed a preliminary binding term sheet to acquire a 51% ownership interest in Holu Hou Energy LLC (HHE), an innovative solar energy and storage provider for the...

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