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Year: 2021

Freight App, Inc. Launches New Carrier Reporting Offering

Providing tax and reporting requirements for transportation companies in Mexico NEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) — Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced that Freight App, Inc. (Fr8App), a North American transportation logistics technology platform company focused on US-Mexico cross-border shipping with which Hudson Capital has signed a merger agreement, has launched a new offering to address tax and reporting requirements related to Carta Porte for transportation companies in Mexico. Javier Selgas, CEO of Fr8App, said, “As a leader in the transportation technology, Fr8App delivers solutions that improve the efficiency and profitability of our carrier and shipper partners. This new reporting offering is particularly helpful to carriers since 80% of them are owner-operators who do not have dedicated...

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Algernon Pharmaceuticals Completes Manufacturing of Psychedelic Drug DMT Appoints UK Stroke Experts for Phase 2

VANCOUVER, British Columbia, Dec. 08, 2021 (GLOBE NEWSWIRE) — Algernon Pharmaceuticals Inc. (the “Company” or “Algernon”) (CSE: AGN) (FRANKFURT: AGW) (OTCQB: AGNPD) a clinical stage pharmaceutical development company is pleased to announce that it has completed the manufacturing of its clinical grade supply (“cGMP”) of AP-188 (“N,N-Dimethyltryptamine or DMT”) at Canadian manufacturer Dalton Pharma Services. The Company believes it has produced a sufficient supply of cGMP DMT to complete its planned Phase 1 and Phase 2 clinical trials. The Company also announces it has appointed Dr. Anthony Rudd and Dr. Robert Simister, both from the U.K., as medical consultants to the Company’s DMT stroke clinical research program. Both Dr. Rudd and Dr. Simister have extensive backgrounds in stroke management as well as clinical care and stroke...

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Howden and Chart Industries collaborate on delivering advanced hydrogen solutions

ATLANTA, Dec. 08, 2021 (GLOBE NEWSWIRE) — Chart Industries, Inc. (“Chart” or the “Company”) (NYSE: GTLS) and Howden have signed a Memorandum of Understanding (MOU) as they move forward in collaboration for advanced hydrogen solutions, incorporating Howden gas compression systems into Chart hydrogen offerings. Howden is a leading global provider of mission critical air and gas handling products, technologies and services across a diverse range of industries, while Chart is a leading global manufacturer of highly engineered equipment, servicing multiple applications in the clean energy and industrial gas markets. This relationship will result in more cost-effective standardised solutions within an integrated and optimised service offering. This will provide customers with tailored global aftermarket support and will leverage both...

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Agrify Enters into Binding Letter of Intent to Acquire PurePressure, the Leader in Solventless Extraction and Advanced Ice Water Hash Processing in the Cannabis and Hemp Industry

Agrify’s Rapidly Expanding Extraction Division to Offer Best-In-Class Solutions in Two of the Fastest Growing Segments within the Extraction Market BILLERICA, Mass., Dec. 08, 2021 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative and vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry, today announced it has signed a binding letter of intent to acquire PurePressure, the leader in solventless extraction and advanced ice water hash processing in the cannabis and hemp industry. With the acquisition of PurePressure, Agrify expects to bolster its rapidly expanding extraction division by adding best-in-class solutions to its product mix in two of the fastest growing subcategories in the cannabis and hemp extraction market....

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Quest Resource Holding Corporation Acquires Two Asset-Light Waste Services Companies

Expands presence in industrial and commercial property management end markets Combined transactions increase net income and adjusted EBITDA by more than 50% annuallyTHE COLONY, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) — Quest Resource Holding Corporation (Nasdaq: QRHC) (“Quest”), a national leader in environmental waste and recycling services, announced today that it has acquired two national asset-light waste and environmental services businesses: Chadds Ford, PA-based, RWS Facility Services, LLC (“RWS”), and Greenville, SC-based, InStream Environmental, LLC (“InStream”). RWS and Instream will expand Quest’s presence in the commercial property space and meaningfully add to our industrial market customer base. “These transactions are estimated to increase our annual revenue, net income, and adjusted EBITDA by more...

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Tilray Strengthens Strategic Position in the U.S. with Acquisition of Breckenridge Distillery

Accretive Acquisition of Award-Winning Producer of Distilled Spirits Expands Tilray’s U.S. Offerings into the On-Trend Spirits Category Tilray’s Diversified, Growing CPG Portfolio in the U.S. Delivers Revenue and EBITDA and Establishes Robust Infrastructure Upon Cannabis Legalization NEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) — Tilray, Inc. (“Tilray” or the “Company”) (NASDAQ | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced the strategic acquisition of Breckenridge Distillery, a leading distilled spirits platform located in Breckenridge, Colorado widely-known for its award-winning bourbon whiskey collection and innovative craft spirits portfolio. Tilray expects the acquisition to be immediately accretive...

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Intema signs letter of intent to acquire Parabellum Media Inc.

Parabellum Esports TeamTeam captain P3NGU1N, motivating his team after winning an important match at the Six Invitational in Paris.New acquisition to complement Intema’s esports activities with the addition of a leading professional esports team and training capabilities for future gamers Parabellum Media owns Parabellum Esports, one of Canada’s top esports teams, and Northern Shield Academy, a prime esports training school Parabellum has competitive rosters in Rainbow Six, Rocket League, CSGO and iRacing, supported by a team of 10 content creators, with social media reach of over 300,000 followers Two-time NACL Champions with over US$100,000 in tournament winnings this year, including a top 12 world finish at the 2021 Rainbow Six InvitationalMONTREAL, Dec. 08, 2021 (GLOBE NEWSWIRE) — Intema Solutions Inc. (“Intema”...

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Descartes MacroPoint™ and McLeod Software PowerBroker® Solutions Integrated to Help Freight Brokers Unlock Capacity and Cover More Loads

ATLANTA, Dec. 08, 2021 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that the Descartes MacroPoint™ Capacity Network of over 280,000 carriers is directly accessible from the McLeod Software PowerBroker® transportation management system (TMS) to help freight brokers and third party logistics (3PL) providers source capacity and cover more loads. The Descartes MacroPoint Capacity Network allows brokers to access over 280,000 carriers and their assets on more than 1 million truckload transportation lanes in North America. By using machine learning to match potential carriers in near real-time to open loads, the solution helps brokers to better rank carrier matches. Brokers can send load offers to carriers either manually or automatically...

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GZ6G Technologies Integrates Smart City and Smart Venue Cybersecurity Through Green Zebra Networks, as Cyber Attacks Run Rampant Nationwide

LAS VEGAS, NV, Dec. 08, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — GZ6G Technologies Corp. (OTCQB: GZIC) today announced an expanded offering for clients focused on cybersecurity leadership initiatives designed to protect smart city and smart venue network infrastructures and future IoT technologies from cyber breaches through enhanced services provided by in house networks division, Green Zebra Networks. “We’re initiating enhanced cybersecurity solutions as part of our value proposition to protect against the new wave of attacks coming in from sensors and other smart systems, such as ventilation or surveillance. We will continue to strengthen cybersecurity applications as we grow and develop new alliances,” said Coleman Smith, CEO of GZ6G. “Our Networks team of engineers constantly monitor and test for vulnerabilities. Cyber...

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Affimed Initiates Patient Recruitment for a Phase 1/2a Trial of Innate Cell Engager AFM24 in Combination with Roche’s Anti-PD-L1 Checkpoint Inhibitor Atezolizumab

HEIDELBERG, Germany, Dec. 08, 2021 (GLOBE NEWSWIRE) — Affimed N.V. (Nasdaq: AFMD) a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, announced today the initiation of patient recruitment for the open-label, multi-center phase 1/2a study evaluating the safety, tolerability, pharmacokinetics and efficacy of the innate cell engager (ICE®) AFM24 in combination with Roche’s atezolizumab, an anti-PD-L1 checkpoint inhibitor. AFM24 is Affimed’s tetravalent, bispecific epidermal growth factor receptor (EGFR)- and CD16A-targeting ICE®, developed for the treatment of patients with solid tumors. “Natural killer cells, which are part of the innate immune system, have the ability to recognise cancer cells. AFM24, a novel immunotherapy, aims to redirect and engage these natural killer...

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