Month: January 2022

Paylocity Announces Acquisition of Cloudsnap

Written by Customer Service on January 19, 2022. Posted in Mergers And Acquisitions.

Integration Automation Platform Reaffirms Commitment to Delivering the Most Modern Workforce Solutions Platform SCHAUMBURG, Ill., Jan. 19, 2022 (GLOBE NEWSWIRE) — Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announces the acquisition of Cloudsnap Inc., a flexible, low-code solution for integrating disparate business applications. Cloudsnap’s technology enables seamless integration of systems to automate manual data exchange processes, creating a modern user experience. The company’s integration automation platform facilitates development and deployment of API integrations, allowing clients to automate data flows across systems such as HR and financial applications. Integrating HR tools with third-party systems has historically relied on manual processes or heavily customized...

EuroDry Ltd. Announces Agreement to Acquire M/V Molyvos Luck, a 2014-built Supramax Bulker

Written by Customer Service on January 19, 2022. Posted in Mergers And Acquisitions.

ATHENS, Greece, Jan. 19, 2022 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has agreed to acquire M/V Molyvos Luck, a 57,924 dwt drybulk vessel built in 2014, for $21.2 million. The vessel was majority owned by an un-affiliated third party and has been managed by Eurobulk Ltd., also the manager of the majority of the Company’s vessels. The vessel is expected to be delivered to the Company around the end of January 2022. The Company will also assume the existing charter of the vessel at $13,250/day until April 2022. The acquisition will be initially financed by the Company’s own funds; a bank loan will be arranged to partly finance the acquisition after the purchase is completed. Aristides...

Plumas Bancorp Reports Record Earnings for the Year Ended December 31, 2021

Written by Customer Service on January 19, 2022. Posted in Earnings Releases And Operating Results.

RENO, Nevada, Jan. 19, 2022 (GLOBE NEWSWIRE) — Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced record total assets and earnings at and for the year ended December 31, 2021. Total assets were $1.6 billion at December 31, 2021, an increase of $502 million from $1.1 billion at December 31, 2020. For the twelve months ended December 31, 2021, the Company reported net income of $21.0 million or $3.82 per share, an increase of $6.5 million from $14.5 million or $2.80 per share earned during 2020. Earnings per diluted share increased to $3.76 during the twelve months ended December 31, 2021, up $0.99 from $2.77 during 2020. Earnings during the fourth quarter of 2021 totaled $5.5 million or $0.95 per share, an increase of $1.2 million from $4.3 million or $0.83 per share during the fourth quarter of 2020....

Genetic Technologies Reports Q2 FY22 Cash Flow Results

Written by Customer Service on January 19, 2022. Posted in Earnings Releases And Operating Results.

Q2 momentum sets the stage for a strong FY22 MELBOURNE, Australia, Jan. 19, 2022 (GLOBE NEWSWIRE) — Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE, ‘Company’, ‘GENE’, ‘geneType’), a diversified Genomics and AI driven preventative health business, provides its results for the quarter ended December 31, 2021. Highlights:Solid cash balance of A$13.5 million and increased customer receipts of A$1.8 million further extending runway for growth ‘One company two brands’ approach leverages EasyDNA acquisition with launch of the Multi-Test product Multi-Test technical validation complete and submitted to NATA1 and CMS2 for final regulatory approval ahead of the commercial release Multi-Test to address a burgeoning market determining personal risk of developing a range of serious diseases including:breast cancer colorectal cancer ovarian...

Quad M Solutions Inc. Signs MOU with Quantum Computing Inc.

Written by Customer Service on January 19, 2022. Posted in Public Companies.

Will Deliver the First Quantum Solution for Medical Underwriting Edgewater, NJ, Jan. 19, 2022 (GLOBE NEWSWIRE) — Quad M solutions, Inc.(MMMM:OTC) has executed a Memorandum Of Understanding (MOU) with Quantum Computing Inc. (QCI) (Nasdaq:QUBT) to develop and deliver a quantum solution for improving the efficiency of the company’s self-underwritten medical insurance. Quad M is projected to have tens of thousands of covered employees utilizing its medical benefits solutions through its subsidiary, Nuaxess2, in 2022. Quad M Solutions Inc. will collaborate with QCI in designing a quantum solution utilizing its over 100,000 person and growing database of medical records. Currently, like all medical insurance companies and other self-insured corporations, Quad M Inc. uses a standard medical questionnaire to underwrite its employees....

Third North Carolina Hospital System Signs New Contract for Streamline Health® eValuator™

Written by Customer Service on January 19, 2022. Posted in Public Companies.

Coastal Medical Center Chooses Automated Coding Analysis for Inpatient and Outpatient Care to Improve Revenue Performance Atlanta, GA, Jan. 19, 2022 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (NASDAQ: STRM), provider of the eValuator™ Revenue Integrity Program to help healthcare providers proactively address revenue leakage and improve financial performance, today announced it has signed a contract with an Epic EHR-based regional medical center located in Eastern North Carolina. The nearly 700-bed medical center will use eValuator’s automated pre- and post-bill coding analysis technology to help improve revenue integrity and financial performance from their inpatient and outpatient services. Streamline Health is leading an industry movement to enable every hospital in the country to use pre-bill technology to improve...

Cudos Partners with Functionland to Support Decentralized Cloud Solutions

Written by Customer Service on January 19, 2022. Posted in Mergers And Acquisitions.

London, UK, Jan. 19, 2022 (GLOBE NEWSWIRE) — (via Blockchain Wire) Decentralized cloud-computing network Cudos is partnering with Functionland, a blockchain-attached storage (BAS) provider, to support its decentralized storage networks. Functionland has introduced BAS and peer-to-peer local storage for file and photo safekeeping, challenging the cloud-storage and service-subscription economy. In addition, it creates value by auto-minting tokens for users and allocating a share to the developers. Cudos’ layer-one blockchain network will be utilized for file transactions, peer-to-peer payments and rewards as part of the partnership. Cudos will also provide Functionland with scalable computing from data center servers, gaming computers and mining rigs. Learn more: How blockchain is revolutionizing the world of gaming Blockchain technology...

A positive profit warning: Finnvera’s preliminary result for 2021 is profitable

Written by Customer Service on January 19, 2022. Posted in Public Companies.

Stock Exchange Release 19 January 2022Finnvera plc, inside information A positive profit warning: Finnvera’s preliminary result for 2021 is profitable Finnvera Group’s preliminary result for 2021 is profitable as no new significant export credit guarantee loss provisions had to be made during the financial period, and no material final losses were realised. The preliminary result includes currently known loss estimates for high-risk subjects. The coronavirus pandemic causes still exceptional uncertainty in the financial performance for 2022. Previously announced financial outlook for 2021 In its Stock Exchange Release on 22 December 2021 Finnvera estimated in accordance with the Half-Year Report for January‒June 2021, that the uncertainty caused by the corona pandemic as well as the economic outlook of Finnvera’s individual...

AIM ImmunoTech to Present at the Virtual Investor 2022 Top Picks Conference

Written by Customer Service on January 19, 2022. Posted in Public Companies.

Live video webcast presentation on Wednesday, January 26th at 10:00 AM ET OCALA, Fla., Jan. 19, 2022 (GLOBE NEWSWIRE) — AIM ImmunoTech Inc. (NYSE: American AIM) (“AIM” or the “Company”), an immuno-pharma company focused on the research and development of therapeutics to treat multiple types of cancers, immune disorders, and viral diseases, including COVID-19, the disease caused by the SARS-CoV-2 virus, today announced that Thomas K. Equels, M.S. J.D., Chief Executive Officer of AIM, will present at the Virtual Investor 2022 Top Picks Conference on Wednesday, January 26, 2022 at 10:00 AM ET. As part of the virtual event, the Company will provide a corporate presentation, followed by a moderated interactive Q&A session. In addition to the moderated portion of the event, all investors and interested parties will have the opportunity...

Tinley’s Long Beach Facility to Produce ‘Green Monké’ Sodas on Can Line; Tinley’s Closes First Tranche of Non-Brokered Private Placement

Written by Customer Service on January 19, 2022. Posted in Public Companies.

‘Green Monké’ Sodas‘Green Monké’ Cannabis-Infused Happy Sodas are expected to begin production in five flavours on the can line at Tinley’s Long Beach Facility in Q1 2022, with near-monthly repeat runs planned. (Current products shown)TORONTO and LOS ANGELES, Jan. 19, 2022 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. (CSE:TNY; OTC:TNYBF) (“Tinley’s” or the “Company”) is pleased to announce that international cannabis beverage brand ‘Green Monké’ is scheduled to begin can line production of five planned flavours at Tinley’s Long Beach Facility in Q1 2022, with production of full-batches expected to repeat near-monthly. ‘Green Monké’ Happy Sodas are cannabis-infused sparkling drinks in tropical flavours, formulated with a fast-release microencapsulation emulsion, and only 25 calories per can. ‘Green Monké’...

Month: January 2022

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