Year: 2021

AutoWeb Expands CarZeus Vehicle Acquisition Business into Austin Market

Written by Customer Service on November 30, 2021. Posted in Mergers And Acquisitions.

Company Continues to Leverage its Capabilities to Drive Growth and Scale the Business TAMPA, Fla., Nov. 30, 2021 (GLOBE NEWSWIRE) — AutoWeb, Inc. (Nasdaq: AUTO), an automotive matchmaking platform connecting in-market car shoppers to their preferred vehicle transactions, has expanded its CarZeus vehicle acquisition business into the Austin, Texas market, thereby extending its consumer-focused vehicle acquisition service beyond its original San Antonio, Texas market. “We are excited to expand our vehicle acquisition service into the Austin market and continue our efforts to scale and enhance this exciting offering. This will allow us to cater to the needs of consumers in a second community in Texas,” said Jared Rowe, president and CEO of AutoWeb. “The acquisition of CarZeus represents another step in our transformation from automotive...

GCM Grosvenor Makes Majority Investment in ReSource Waste Services

Written by Customer Service on November 30, 2021. Posted in Mergers And Acquisitions.

CHICAGO, Nov. 30, 2021 (GLOBE NEWSWIRE) — GCM Grosvenor (NASDAQ: GCMG), a leading global alternative asset management solutions provider, announced today that it has entered into an agreement with ReEnergy Holdings LLC (“ReEnergy”), under which GCM Grosvenor acquired a majority ownership stake in ReSource Waste Services (“ReSource” or the “Company”), New England’s largest processor of construction and demolition (“C&D”) material. GCM Grosvenor’s investment will support ReSource’s continued growth strategy throughout the greater Boston area and New England. Terms of the agreement were not disclosed. ReEnergy will retain a minority stake in ReSource. ReSource, a wholly owned subsidiary of ReEnergy, is a C&D waste processing and recycling service provider with an integrated network of five facilities located in Massachusetts,...

BOS Reports Financial Results for the Third Quarter and First Nine Months of the Year 2021

Written by Customer Service on November 30, 2021. Posted in Earnings Releases And Operating Results.

RISHON LE ZION, Israel, Nov. 30, 2021 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) reported financial results for the third quarter and first nine months of the year 2021. Eyal Cohen, BOS’s CEO, stated: “We have made progress in the first nine months of the year 2021 as compared to the comparable period last year:Revenues grew by 6% Gross profit increased by 15% Net income of $351,000 in the first nine months of the year 2021 as compared to a $1.2 million net loss in the comparable period last year A fifth consecutive profitable quarter.The Robotics division’s operating loss has decreased significantly, to $489,000 in the first nine months of 2021 from $2.4 million in the comparable period last year. However, the Robotics division did not yet...

CurrencyWorks Motoclub Platform Announces Release of New NFT Series Following Sell-Out Drops

Written by Customer Service on November 30, 2021. Posted in Public Companies.

Los Angeles CA, Nov. 30, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK), an award-winning, full service blockchain platform provider, is pleased to announce that its Motoclub platform is set to release a new NFT product line. As part of CurrencyWorks’ ongoing partnership with Barrett-Jackson, The World’s Leading Collector Car Auctions, the Company has created the Barrett-Jackson Rookie Series, which will go on sale via www.motoclub.io at 12PM PST on Tuesday, December 7, 2021. The Barrett-Jackson Rookie Series is aimed at new members to Motoclub, and those who are seeking an attractively priced entry point into the NFT space, before committing to the main product lines offered through the platform. The new line has been optimised to encourage both additional purchases,...

PARTS iD, Inc. Launches EV Specialty Shop on CARiD.com

Written by Customer Service on November 30, 2021. Posted in Public Companies.

CRANBURY, N.J., Nov. 30, 2021 (GLOBE NEWSWIRE) — PARTS iD, Inc. (NYSE American: ID) (“PARTS iD” or “Company”), the owner and operator of, among other verticals, “CARiD.com,” a leading digital commerce platform for the automotive aftermarket, today announced the launch of an EV Specialty Shop on its flagship retail site CARiD.com. Creating a dedicated destination for EV parts and accessories is a key milestone in PARTS iD’s efforts to penetrate the growing EV market and its broader mission to offer a one-stop shop for all automotive shoppers. The Specialty Shop includes EV-specific accessories such as charging equipment, mechanical repair, maintenance and electrical parts as well as popular accessories in vehicle customization categories such as body kits, performance suspension systems and custom wheels and tires. The EV Shop’s...

nCino’s Commercial Banking Solution Ranked “Best-in-Class” by Aite Group for Third Consecutive Time

Written by Customer Service on November 30, 2021. Posted in Public Companies.

Customer feedback and product innovation drive nCino as a top technology vendor in the 2021 Impact Matrix WILMINGTON, N.C., Nov. 30, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, is proud to be named a Best-In-Class vendor by Aite Group for its Commercial Banking Solution. The only technology vendor to ever achieve the recognition for the third consecutive time, nCino received the highest classification in the Aite Matrix: Commercial Loan Origination Automation report, after scoring top marks in each of the four categories: vendor stability, client strength, client service and product features. “We are incredibly proud that Aite Group continues to recognize nCino as a leader in commercial loan origination,” said Josh...

ParcelPal Announces Execution of a New Agreement with another Meal Kit Delivery Company in Western Canada

Written by Customer Service on November 30, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 30, 2021 (GLOBE NEWSWIRE) — ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce that as part of the Company’s broader plan to continue to diversify its customer base and execute on additional profitable business engagements, it has signed another new meal kit delivery customer. This new customer currently operates in British Columbia. This new client uses technology to bring healthy and convenient food options to different organizations. Currently, they provide branded, ready to eat meals that are uniquely designed and are also in the process of launching their own meal subscription service that will bring healthy, chef-created meals right to your doorstep. ParcelPal will be delivering these meal kits via our scheduled next day delivery...

Bright Minds Biosciences Provides Scientific Update on its Novel 5-HT2A Psychedelic Program for the Treatment of Mental Diseases

Written by Customer Service on November 30, 2021. Posted in Public Companies.

— Hundreds of de novo patentable psychedelic-based compounds created through discovery program — — Company plans to announce lead molecule in first quarter of 2022 — VANCOUVER, British Columbia, Nov. 30, 2021 (GLOBE NEWSWIRE) — Bright Minds Biosciences (“Bright Minds,” “BMB” or the “Company”) (Nasdaq: DRUG) (CSE: DRUG), a biotechnology company focused on developing novel drugs for the targeted treatment of neuropsychiatric disorders, epilepsy, and pain, today provided a scientific update on the advancement of its novel 5-HT2A psychedelic program for the treatment of mental diseases. “Our 5-HT2A psychedelic drug discovery program is showing clear signs of success,” stated Dr. Alan Kozikowski, Ph.D., Chief Scientific Officer and Co-founder of Bright Minds. “To date, we have synthesized hundreds of de novo, novel compounds in our...

Dynacor Announces October 2021 Sales of US$16.8 Million (C$20.9 Million), an Increase of 51% Compared to October 2020 and Annual Cumulative Sales of US$162.4 Million (C$203.2 Million) in 2021

Written by Customer Service on November 30, 2021. Posted in Public Companies.

MONTREAL, Nov. 30, 2021 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced its monthly sales of US$16.8 million (unaudited) (C$20.9 million) (1) for October 2021, a US$5.7 million (+51%) increase compared to October 2020. The average selling price of gold per ounce in October was US$1,772. Total sales to date in 2021 amount to US$162.4 million (C$203.2. million) compared to US$74.1 million (C$99.1 million) in 2020, an increase of 119%. The Corporation announced in September its revised financial guidance with projected sales of between US$185 and $190 million for 2021 (see, September 22, press release DYNACOR INCREASES SALES AND EARNINGS GUIDANCE BY APPROXIMATELY 25% and...

Salona Global Medical Device Corporation Launches U.S. Sales Subsidiary; Acquires Team to Focus on Sales and Marketing to Independent U.S. Hospitals and Group Purchasing Organizations (GPOs)

Written by Customer Service on November 30, 2021. Posted in Public Companies.

SAN DIEGO, Nov. 30, 2021 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (“Salona” or the “Company”) (TSXV:SGMD), an acquisition-oriented medical device company serving the global injury and surgery recovery (known as recovery science) market, has launched a new U.S. sales subsidiary, formed in the U.S. as a Limited Liability Company (the “LLC”), ‎aimed at selling medical devices and supplies to small, independent hospitals and group ‎purchasing organization (“GPO”). GPO’s are organizations that offer small medical offices and ‎clinics access to devices and supplies on a larger scale creating efficiencies by aggregating ‎purchasing volumes. Salona has created the LLC with an arm’s length seasoned U.S. sales executive (“Agent”) and his team with deep contacts and current sales relationships in the independent ‎hospital...

Year: 2021

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