Day: January 10, 2022

AB Linas Agro Group has completed the acquisition of UAB Agro Logistic Service

Written by Customer Service on January 10, 2022. Posted in Mergers And Acquisitions.

After receiving the permits of the Lithuanian and Polish competition authorities, AB Linas Agro Group today signed an agreement with UK based company Environmental Development Holding Limited for the acquisition of 100% shares of UAB Agro Logistic Service. The transaction amount is EUR 1.7 million. UAB Agro Logistic Service is a feed materials and additives trading company with a headcount of 10 people.The company sells goods in the Czech Republic, Poland, Latvia, Estonia, Italy, Germany, Finland, Norway, Denmark, Russia, Belarus, Uzbekistan, and Tajikistan. Its revenue exceeded 33 million euro in 2020. “UAB Agro logistic service is very tightly connected with the business of AB Kauno Grūdai. Its acquisition allows us to extend and improve economic relations with many partners of Kauno Grūdai. It is crucial for relations with Western European...

XpresSpa Group Announces Strategic Acquisition of HyperPointe

Written by Customer Service on January 10, 2022. Posted in Mergers And Acquisitions.

XpresCheck® Expanding Digital Health Capabilities & Data Analytics Services NEW YORK, Jan. 10, 2022 (GLOBE NEWSWIRE) — XpresSpa Group, Inc. (Nasdaq: XSPA), a travel health and wellness company (the “Company”), today announced it had entered into an agreement to acquire all of the equity interests of GCG Connect, LLC d/b/a HyperPointe for $5.5 million in cash, $1 million in common stock, along with potential additional earn-out payments of up to $7.5 million over a three-year timeframe based upon future performance, which may be satisfied in cash or Company common stock or a combination subject to various terms and conditions. Based upon preliminary and unaudited results, HyperPointe generated $5.5 million in revenue and $1.2 million in EBITDA during 2021. The transaction is subject to customary closing conditions and is expected...

2021 Year in Review | Trust Stamp Highlights Transformational Growth

Written by Customer Service on January 10, 2022. Posted in Public Companies.

Atlanta, Jan. 10, 2022 (GLOBE NEWSWIRE) — Trust Stamp (OTCQX: IDAI, Euronext Growth: AIID ID), a global provider of AI-powered privacy-first trust and identity services used across multiple sectors, is pleased to report a positive year-end review of 2021, characterized by significant company-wide growth. Trust Stamp CEO Gareth N. Genner comments: “The 2021 fiscal year was exciting and transformational for Trust Stamp. Despite exceptional market conditions, we were able to achieve record growth in every aspect of our business, from our team size and our intellectual property portfolio to our prospect and client base, and notably, in our market capitalization and revenue. Our momentum coming out of 2021 has positioned us to further accelerate our growth, with the capital, team, technology, clients, and prospects needed to target...

Biofrontera Inc. Announces Participation in Two Dermatology Conferences in January

Written by Customer Service on January 10, 2022. Posted in Public Companies.

WOBURN, Mass., Jan. 10, 2022 (GLOBE NEWSWIRE) — Biofrontera Inc. (Nasdaq: BFRI) (the “Company”), a biopharmaceutical company specializing in the commercialization of dermatological products, announced today that it plans to participate in the following two dermatology conferences in January:2022 Winter Clinical Dermatology Conference at the Grand Hyatt in Kauai, January 14-19, 2022 Maui Derm for Dermatologists 2022 at the Grand Wailea, January 24-28, 2022At each conference, clinical data for Biofrontera’s two FDA-approved products, Ameluz® and Xepi®, will be presented. The presentations will provide an overview of multiple recent studies involving photodynamic therapy (PDT) used in combination with the flagship product Ameluz® (Ameluz-PDT), such as the recently published pharmacokinetic data, and findings from investigator-initiated...

Conduent Receives Comparably Awards as a Best Company for Women and for Diversity

Written by Customer Service on January 10, 2022. Posted in Public Companies.

Conduent recognized in two categories among companies with more than 500 employees FLORHAM PARK, N.J., Jan. 10, 2022 (GLOBE NEWSWIRE) — Conduent Incorporated (Nasdaq: CNDT), a business process and solutions company, today announced it has been honored by Comparably with two Best Places to Work Awards for 2021. Conduent was ranked as one of the Best Companies for Women and as one of the Best Companies for Diversity, placing Conduent among the Top 100 highest-rated companies in both categories. “We are thrilled to be recognized as a great place to work by both people of color and women. Embracing diverse viewpoints, experiences and perspectives is an important part of our core values that also drives valuable outcomes for our company,” said Cliff Skelton, President and Chief Executive Officer, Conduent. “We succeed through the contributions...

Clover Health Beats Expectations with Medicare Advantage Membership Growing by Over 25% at the Start of 2022

Written by Customer Service on January 10, 2022. Posted in Public Companies.

Fueled by strong performance in New Jersey and Georgia NASHVILLE, Tenn., Jan. 10, 2022 (GLOBE NEWSWIRE) — Today, Clover Health (Nasdaq: CLOV) (“Clover”), a technology company committed to improving health equity for America’s underserved seniors, announced Medicare Advantage (MA) membership growth of over 25% versus the beginning of 2021, outpacing the overall industry growth average of approximately 10% year-over-year. Clover began January 2022 already above its previously indicated 2022 average MA membership guidance of 82,000 lives. “Our continued industry-beating growth is a testament to the value consumers find in our approach of providing high quality plans, at a low cost, on a wide and open network,” said Andrew Toy, President of Clover Health. “We believe our dramatic growth in Georgia demonstrates how the model we honed...

Robotic Assistance Devices Signs Agreement with One of North America’s Leading Communications Companies

Written by Customer Service on January 10, 2022. Posted in Public Companies.

Artificial Intelligence Technology Solutions, IncRAD’s newest partner operates cellular towers along with several other lines of businessCommunications Company Plans to Private Label RAD Security Robots Detroit, Michigan, Jan. 10, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) has entered into a relationship with one of North America’s leading communications companies to private label the entire suite of RAD’s solutions. The partner’s name is expected to be released in due time as part of an anticipated coordinated marketing roll-out. “We are on track to receive a large opening order to help equip this partner’s retail stores with RAD devices that can be demonstrated to their end...

Plains All American Pipeline and Plains GP Holdings Announce Timing of Fourth-Quarter and Full-Year 2021 Earnings

Written by Customer Service on January 10, 2022. Posted in Public Companies.

HOUSTON, Jan. 10, 2022 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced they will release fourth-quarter and full-year 2021 earnings after market close on Wednesday, February 9, 2022 and will hold a joint webcast on the same day as follows: What: Fourth-quarter and Full-Year 2021 earnings webcast When: Wednesday, February 9, 2022 5:00 p.m. ET; 4:00 p.m. CT Where: www.plains.com or https://edge.media-server.com/mmc/p/69xonydi How: Live over the internet – log on at either of the addresses above Specific items we intend to address on the call include:PAA’s fourth-quarter and full-year 2021 performance; Capitalization and liquidity; and Financial guidanceThe slide presentation accompanying the conference call materials will be posted prior to the call at...

NeuroStar Advanced Therapy for Mental Health Recognized as Top Neuromodulation Solution Provider in 2021

Written by Customer Service on January 10, 2022. Posted in Public Companies.

Technology is awarded for its advances in mental health MALVERN, Pa., Jan. 10, 2022 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, is named Top Neuromodulation Solution Provider in 2021 by MedTech Outlook magazine. NeuroStar is the leading transcranial magnetic stimulation (TMS) treatment for major depressive disorder. With over 4.3 million treatments delivered and countless lives transformed, a recent publication shows that NeuroStar achieved a high response rate of 83% and remission rate of 62% (Sackeim, et al). “We are grateful to be recognized as a leader in the neuromodulation space,” said Keith J. Sullivan, President and CEO of Neuronetics....

Cloud Analytics Market to Display Stunning CAGR of 20.9% from 2021 to 2028; SAS Institute Inc. Collaborated with Microsoft Corporation to Strengthen its Position: Fortune Business Insights™

Written by Customer Service on January 10, 2022. Posted in Mergers And Acquisitions.

Companies Profiled in the Market: Oracle Corporation, Hewlett Packard Enterprise Development LP, IBM Corporation, Microsoft Corporation, Micro Strategy Incorporated, SAS Institute Inc., Tableau Software, Teradata, TIBCO Software Inc., VMware, Inc. Pune, India, Jan. 10, 2022 (GLOBE NEWSWIRE) — The global cloud analytics market size is projected to be at USD 86.15 billion in 2028. The market was USD 19.04 billion in 2020 and is estimated to be USD 22.84 billion in 2021. The market is further expected to grow at a CAGR of 20.9% during the 2021-2028 period. This information is provided by Fortune Business Insights™, in its report, titled, “Cloud Analytics Market, 2021-2028.” As per our researchers, incorporating analytics solutions into cloud platforms has empowered corporations to attain better control over business processes and...

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Day: January 10, 2022

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