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Year: 2021

Exela Technologies, Inc. Announces Exchange Offer Closing Date

IRVING, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA) today announced a closing date of Thursday, December 9, 2021 with respect to the previously announced exchange offer (the “Exchange Offer”) that certain of its subsidiaries (the “Issuers”) launched on October 27, 2021, as amended on November 19, 2021 and November 26, 2021, to exchange up to $225 million in cash and new 11.500% First-Priority Senior Secured Notes due 2026 (the “New Notes”) for the Issuers’ outstanding 10.000% First-Priority Senior Secured Notes due 2023 (the “Old Notes”) and a solicitation of consents to proposed amendments with respect to the indenture governing the Old Notes (the “Consent Solicitation”). The Exchange Offer expired at 5:00 p.m., New York City time, on December 3, 2021 (the “Expiration...

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With 14.3% CAGR, POC Ultrasound Market to Reach USD 1,639.4 Million by 2026 | Industry Size, Share, Growth Factors & Forecast

POC Ultrasound Market to Exhibit a CAGR of 14.3% by 2026; Introduction of Advanced Products by Eminent Companies to Encourage Development, states Fortune Business Insights™ Pune, India, Dec. 08, 2021 (GLOBE NEWSWIRE) — The global POC Ultrasound Market size is expected to rise from USD 736.4 million in 2020 to USD 1,639.4 million in 2026 at a CAGR of 14.3%. The launch of advanced products coupled with a high need for medical imaging in outpatient care settings will foster healthy growth of the market, states Fortune Business Insights, in a report, titled “POC Ultrasound Market Size, Share & COVID-19 Impact Analysis, By Product (Cart-based, and Hand-held), By End User (Hospitals, Clinics, and Others), and Regional Forecast, 2020-2026.” The market size stood at USD 693.1 million in 2019 and exhibited a slower growth of 6.2% in...

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Eezy’s updated strategy and long-term financial targets for 2022–2025

EEZY PLC — STOCK EXCHANGE RELEASE — 8 December 2021 at 13.00 Eezy’s updated strategy and long-term financial targets for 2022–2025 Eezy Plc’s Board of Directors has approved the company’s updated strategy and long-term financial targets for 2022-2025. Eezy will strengthen its position as the most significant reformer of working life by diversifying its services. The strategy will focus on the success of the individual and their overall well-being. During the strategy period, investments will also be made in the digitalisation of services. The goal of the growth strategy is strong growth in revenue and profitability. It is based on organic growth driven by growing markets and select acquisitions. For inorganic growth, Eezy focuses on improving profitability through synergies and by investing in higher-margin industries. Eezy...

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Eezy Plc: Pasi Papunen appointed as executive vice president

EEZY PLC — STOCK EXCHANGE RELEASE — 8 DECEMBER 2021 AT 13.00 Eezy Plc: Pasi Papunen appointed as executive vice president Pasi Papunen, a member of Eezy’s management team, has been appointed as an executive vice president. Papunen leads the Growth and renewal unit, and his tasks will include also the management of the acquisition processes at the group level. “Executing our strategy successfully will require successes in acquisitions and in developing new services. Pasi’s clarified role will strengthen our ability to execute our strategy”, says Eezy’s CEO Sami Asikainen. Further information: Sami Asikainen, CEO sami.asikainen@eezy.fiTel. +358 (0)40 700 9915

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Eezy Plc decided on dividend payment in December 2021

EEZY PLC — STOCK EXCHANGE RELEASE — 8 DECEMBER 2021 AT 13.00 Eezy Plc decided on dividend payment in December 2021 The Board of Eezy Plc has today decided on a dividend of 0.05 eur/share. The dividend is based on the authorization given to the Board by the Annual General Meeting held on 13 April 2021. The dividend will be paid to shareholders who are registered in the shareholders’ register maintained by Euroclear Finland Ltd on the record date 10 December 2021. The ex-date is 9 December 2021, and record date 10 December 2021.The payment date will be 17 December 2021. Eezy’s Annual General Meeting held on 13 April 2021 authorized the Board to decide on dividends based on the balance sheet adopted for year 2020 in one tranche so that the amount of dividends does not exceed 0.05 eur/share. The authorization was fully used...

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HMS Networks AB enters into a strategic partnership with Connectitude

HMS Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ), has on December 8th entered into a strategic partnership with Connectitude and acquired a minority position in their holding company. Connectitude offers a Software as a Service (SaaS) for industrial digitalization, that allows both Machine Builders and Factory Owners to co-operate and share valuable data insights from their production processes, in real-time. The Connectitude vision is a Smart Production Ecosystem that realizes true sustainability within the manufacturing industry. “With Connectitude we will have a perfect bundling with our Remote Data offering within our Ewon brand. The combination of the offers strengthens HMS’ value proposition for our cloud offer, Talk2M, and will be an enabler for more SaaS-revenues”, says Staffan Dahlström, CEO of HMS...

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G2 Gold Drills Multiple High Grade Gold Intercepts at OKO

TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (“G2” or the “Company”) (TSXV: GTWO; OTCQX: GUYGF) announces diamond drilling has intersected visible gold in multiple holes at the Company’s 19,200-acre OKO project, Guyana. To date, the Company has completed 102 diamond drill holes totalling 25,111 metres and has two rigs turning 24/7. Drilling has partially defined at least five parallel shear zones at the Oko Main Zone (OMZ), with gold mineralization encountered over a total strike length of approximately 900 metres and vertical depths of approximately 400 metres. Gold mineralization at OKO presents as visible gold within sheared quartz veins in carbonaceous sediments. The mineralized shears strike north-south, dip steeply to the east, and are continuous for hundreds of metres along strike, down dip, and down plunge....

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Fobi Signs LOI To Acquire Passworks, A Portugal Based Leading European Digital Wallet And Mobile Marketing Company With Tier-1 Global Clients

Acquisition brings immediate revenue and further bolsters and supports Fobi’s geographic coverage and scale to already existing footprint with recent acquisitions of Passcreator and PassWallet. VANCOUVER, British Columbia., Dec. 08, 2021 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI:TSXV FOBIF:OTCQB) (the “Company” or “Fobi”), a leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement, is pleased to announce the Company has entered into a non-binding LOI to acquire 100% of the shares of Passworks, a leading European digital wallet and mobile marketing company with Tier-1 clients such as luxury fashion leader Hugo Boss, global coupon giant Catalina and media giant Wunderman Thompson UK. The acquisition will be a share purchase agreement, and is expected to be completed by late...

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Hooker Furnishings Declares Increased Quarterly Dividend

MARTINSVILLE, Va., Dec. 08, 2021 (GLOBE NEWSWIRE) — Hooker Furnishings Corporation (Nasdaq-GS:HOFT) announced that on December 7, 2021, its board of directors declared a quarterly cash dividend of $0.20 per share, payable on December 31, 2021 to shareholders of record at December 17, 2021. This represents a 11.1% increase over the previous quarterly dividend and the sixth consecutive annual dividend increase. Hooker Furnishings Corporation, in its 98th year of business, is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture and fabric-upholstered furniture for the residential, hospitality and contract markets. The Company also domestically manufactures premium residential custom leather and custom fabric-upholstered furniture. It is ranked among the nation’s largest publicly traded furniture...

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Smart Elevator Market Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast 2020 To 2027

Companies covered in smart elevator market are KONE CORPORATION (Espoo, Finland), Otis Elevator Company (Connecticut, USA), Schindler (Ebikon, Switzerland), thyssenkrupp Elevator Technology (Essen, Germany), Hitachi Ltd. (Ibaraki, Japan), Mitsubishi Electric Corporation (Tokyo, Japan), Bosch Security Systems (Grasbrunn, Germany), Fujitec Co. Ltd. (Hikone, Japan), Toshiba Elevator and Building Systems Corporation (Tokyo, Japan), HYUNDAI ELEVATOR CO., LTD. (Gyeonggi-do, South Korea), Johnson Controls Inc. (Cork, Ireland), Motion Control Engineering (Alaska, United States) and others Pune, India, Dec. 08, 2021 (GLOBE NEWSWIRE) — The global smart elevator market size is expected to gain momentum by exhibiting a CAGR of 9.1% between 2020 and 2027. This is attributable to the increasing focus on introducing autonomous technology and...

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