Day: October 26, 2021

Jim Schreiner to be named SVP and COO of the Atotech Division upon anticipated transaction closingDave Henry to be named SVP, Operations and Corporate MarketingGeoff Wild, Atotech CEO, to become a member of the MKS Board of DirectorsANDOVER, Mass., Oct. 26, 2021 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced it is planning to implement changes to its executive organization structure as part of the previously announced acquisition of Atotech Ltd (“Atotech” NYSE: ATC). In July 2021, MKS announced it had entered into an agreement to acquire Atotech, a global leader in process chemicals, equipment, software, and services for printed circuit boards, semiconductor IC packaging and surface finishing.    As MKS plans...

MONTREAL and SARASOTA, Fla., Oct. 26, 2021 (GLOBE NEWSWIRE) — Intertape Polymer Group Inc. (“IPG” or the “Company”), a leading manufacturer of tapes, films and protective packaging announced its signing of “The Climate Pledge”. Aligning the Company to the goals outlined in The Climate Pledge fits well with IPG’s commitment to sustainability and its ongoing efforts to continually improve its processes, the communities in which it operates and ultimately, the planet we all call home. The Climate Pledge is a commitment co-founded by Amazon and Global Optimism to be net-zero carbon by 2040. “Signing on to The Climate Pledge is an important step in our sustainability journey at IPG, as we join more than 200 companies with a similar vision of net zero carbon by 2040,” said Greg Yull, President and CEO of IPG. “The climate crisis is real...

The Management company INVL Asset Management, UAB of INVL Technology (hereinafter – “the Company”), taking into account that the Company has formed and not realised the reserve for the purchase of own shares which is equal to EUR 9.8 million and considering the resolution of the General Shareholders Meeting of the Company held on 29 April 2021, initiates the purchase of the Company‘s own ordinary registered EUR 0.29 nominal value shares. The acquisition will be implemented through the market of official offer of Nasdaq Vilnius stock exchange. Share sale offers shall be accumulated during the entire purchase period. Should sale offers exceed quantity of shares to be acquired, all offers shall be reduced in proportion.   Purchase conditions: Share purchase starts on 27 October 2021. Share purchase ends on 10 November 2021. Max number of...

New device keeps batteries and HVAC systems running quiet and coolAllegro’s A89307 Keeps EVs Quiet and CoolAllegro’s new 3-phase gate driver, A89307, helps reduce noise and improve battery life for EV and hybrid cooling systems – offering more miles per charge and lowering vehicle carbon footprints.Manchester, NH, Oct. 26, 2021 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy efficient systems, is expanding its QuietMotion™ product line with the introduction of the new A89307 automotive-qualified gate driver integrated circuit (IC). Designed for battery cooling fans and HVAC systems in electric (EV) and hybrid vehicles, the A89307 offers ultra-low noise and vibration by using a Field Oriented...

Contract supports Washington Healthcare Authority’s MMIS modularity goals and value-based payment adoption Highly configurable PBM module quickly moves agency to next generation Software-as-a-Service technology to support 2.1M Washingtonians FLORHAM PARK, N.J., Oct. 26, 2021 (GLOBE NEWSWIRE) — Conduent Incorporated (Nasdaq: CNDT), a business process services and solutions company, today announced a new eight-year contract with the state of Washington Health Care Authority (HCA) to implement a Pharmacy Benefit Management (PBM) module for Washington’s Medicaid Management Information System (MMIS). The company’s PBM module aligns with the HCA’s vision for MMIS transformation and helps the agency quickly shift to next generation Software-as-a-Service (SaaS) technology to support its innovative healthcare purchasing strategies and health...

VANCOUVER, British Columbia, Oct. 26, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) a company that provides investors access to a diverse portfolio of next generation technology companies in key sectors including: the Creator Economy, Digital Health, Gaming, Web 3.0 and the Metaverse, is pleased to announce that its portfolio company GameOn Entertainment Technologies Inc. (CSE: GET) (OTCQB: GMETF) (FSE: 9E7) (“GameOn”), a leader in providing broadcasters, TV networks, OTT platforms, leagues, tournaments, sportsbooks and NFTs with white label fan engagement technologies around sports, TV and live events, expanded partnership with existing customer, MX Player. Having already launched free-to-play prediction games for cricket,...

PEMBROKE, Bermuda, Oct. 26, 2021 (GLOBE NEWSWIRE) — James River Group Holdings, Ltd. (the “Company”) (NASDAQ: JRVR) today announced preliminary financial results in advance of its full quarterly earnings to be released on November 2, 2021. The Company expects to report a Net Loss for the third quarter of 2021 of between $23 million and $26 million, and an Adjusted Net Operating Loss of between $25.5 million and $28.5 million. The Combined Ratio for the quarter is expected to be between 120-125%. The Combined Ratio for the Excess and Surplus Lines (“E&S”) segment would have been in the low 80s for the third quarter of 2021, an improvement as compared to the prior year quarter, absent catastrophe losses, additional reinstatement premiums for casualty treaties, and the previously announced Loss Portfolio Transfer...

BRYAN, Texas, Oct. 26, 2021 (GLOBE NEWSWIRE) — iBio, Inc. (NYSEA:IBIO) (“iBio” or the “Company”), a developer of next-generation biopharmaceuticals and pioneer of the sustainable, plant-based FastPharming Manufacturing System®, today urged its stockholders to vote “FOR” all proposals put forth in the proxy statement prior to the Company’s December 9, 2021 Annual Meeting of Stockholders. Stockholders are advised that, because two of the voting proposals involve a proposed amendment to the Company’s Articles of Incorporation, the holders of a majority of outstanding common shares must approve such proposals. Stockholders holding common stock at the close of business on Friday, October 15, 2021, are entitled to vote at the meeting, even if they have subsequently sold their shares. YOUR VOTE IS IMPORTANT – NO MATTER HOW MANY OR HOW...

CHARLOTTE, N.C., Oct. 26, 2021 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT), announced today that it was the recipient of the prestigious Supplier Innovation Award presented by Rockline Industries at its annual State of Rockline event held virtually on October 6, 2021. This award recognizes Glatfelter as a key innovation partner with Rockline and further distinguishes Glatfelter’s exceptional performance in the areas of product and process uniqueness, technological advancement, speed to market, sustainability, and value. “We’re proud to have received this honor from Rockline,” said Chris Astley, Senior Vice President, Chief Commercial Officer. “This recognition illustrates Glatfelter’s ability to deliver innovative, high-value products combined with first-class quality and customer service. Our long-standing partnership...