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Day: May 25, 2022

ResMed Announces Participation in the 38th Annual Bernstein Strategic Decisions Conference

SAN DIEGO, May 25, 2022 (GLOBE NEWSWIRE) — ResMed (NYSE: RMD, ASX: RMD) today announced Mick Farrell, chief executive officer, will participate in a fireside chat at the Bernstein Strategic Decisions Conference on Wednesday, June 1, 2022, beginning at approximately 1:30 p.m. (Eastern Daylight Time) at the New York Hilton Midtown in New York City. More information about this event, including a live webcast, may be accessed by visiting http://investor.resmed.com. The webcast replay will be available approximately 12 hours after the live webcast ends and will be accessible through June 1, 2023. About ResMedAt ResMed (NYSE: RMD, ASX: RMD) we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical...

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Oatly Launches One-Hour Delivery in Los Angeles and New York City

Partnering with REEF Kitchens, Oatly expands to new distribution channel to ensure that no oatmilk craving in America’s two largest cities is left unsatisfied MALMO, Sweden, May 25, 2022 (GLOBE NEWSWIRE) — Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world’s original and largest oat drink company, announced today that it now offers one-hour delivery of a selection of its best-selling oat-based products, including oat milk and frozen non-dairy dessert pints and novelties in Los Angeles and New York City through popular food delivery apps. Powered by REEF Kitchens, the culinary and retail application within REEF Technology, consumers can order Oatly products through branded storefronts on Postmates, UberEats, DoorDash and Grubhub. “We’re incredibly excited about this launch and the ability to get Oatly products into...

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Firm Capital Property Trust Announces Closing $20.0 Million Bought Deal Financing of Trust Units

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 25, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to announce that it has closed its previously announced “bought deal” public offering of 2,820,000 trust units (“Trust Units“) at a price of $7.10 per Trust Unit for gross proceeds of $20,022,000.00 with a syndicate of underwriters led by Canaccord Genuity Corp. and TD Securities Inc. as lead underwriters, and including, iA Private Wealth Inc., Raymond James Ltd., National Bank Financial Inc., Scotia Capital Inc., CIBC World Markets Inc., Desjardins Securities Inc., Echelon Wealth Partners Inc. and Laurentian Bank Securities Inc. (collectively, the “Underwriters“). It...

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OMNI-LITE INDUSTRIES REPORTS FIRST QUARTER FISCAL 2022 RESULTS AND ANNOUNCES CONFERENCE CALL FOR INVESTORS TO BE HELD ON MAY 26, 2022

LOS ANGELES, CALIFORNIA, May 25, 2022 (GLOBE NEWSWIRE) —First Quarter Fiscal 2022 Revenue of US$2.4 million, compared to US$1.3 million in the First Quarter Fiscal Year 2021; Organic Growth Rate of approximately 8% Adjusted EBITDA(1) Improvement of 17%, on a Quarterly Sequential Basis Backlog at US$2.5 million, an Increase of 7% from December 31, 2021 Issued 1 million Common Shares in a Private Placement Generating Proceeds of US$986,000 Cash balance of US$3.2 million and Debt-Free Balance SheetTSXV: OMLOTCQX: OLNCF Omni-Lite Industries Canada Inc. (the “Company” or “Omni-Lite”; TSXV: OML) today reported results for the fiscal first quarter ending March 31, 2022. Full financial results are available at sedar.com. First Quarter Fiscal 2022 Results Revenue for the first quarter of fiscal 2022 was approximately US$2.4...

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School Shooting in Uvalde, Texas, Prompts C-Bond Systems (a Texas-Based Company) to Implore Schools to Use its Ballistic-Resistant Film System to Help Protect Against Active Shooters

C-Bond Systems’ bullet-resistant film system is validated by an independent third-party laboratory to provide National Institute of Justice (NIJ) Level I, Level IIA, Level II, and Underwriters Laboratories (UL) 752 ballistic-resistant protection, and has been installed in numerous schools in Texas to date HOUSTON, May 25, 2022 (GLOBE NEWSWIRE) — Given yesterday’s school shooting in Uvalde, TX, C-Bond Systems, Inc. (“C-Bond” or “Company”) (OTC: CBNT), a nanotechnology solutions company, is imploring schools to use its ballistic-resistant window film system, C-Bond BRS, to help protect students and staff against active shooters. C-Bond has installed its safety and security film products at more than 100 locations in Texas. C-Bond BRS is a ballistic-resistant film system that consists of the patented C-Bond glass strengthening technology...

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Lowell Farms to Acquire Automated Pre-Roll Manufacturing Assets From Canadian Innovator

SALINAS, Calif., May 25, 2022 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, is announcing the acquisition of advanced pre-roll production equipment and capabilities from Canadian cannabis brand All Good Collective. The acquisition will accelerate Lowell Farms’ ability to offer end-to-end automation of large-scale pre-roll production. “At Lowell, we are committed to bringing to market the absolute best cannabis smoking experience possible and that journey led us to All Good Collective,” says Lowell Farms Inc. Chairman of the Board George Allen. “In addition to being a far superior product than anything we have seen in the category, the equipment from All Good will allow us to scale production and...

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Internet of Things Market Size poised to reach US$ 2,465.26 Billion by 2029 | 26.4% CAGR

According to Fortune Business Insights, the global internet of things market size is projected to reach USD 2465.26 billion in 2029, at a CAGR of 26.4% during forecast period 2022-2029 Pune, India, May 25, 2022 (GLOBE NEWSWIRE) — The global internet of things market size is anticipated to rise from USD 478.36 billion in 2022 to USD 2,465.26 billion by 2029 at 26.4% CAGR during the forecast period. Fortune Business Insights™ has delved into these insights in its latest research report, titled, “Internet of Things (IoT) Market Forecast, 2022-2029.” The market size stood at USD 384.70 billion in 2021. According to the study, the penetration of smart cities and deployment of vehicle solutions will augur well for the global outlook. Prominently, blockchain technologies have set the trend, with end-users exhibiting increased traction...

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Smart Speaker Market: USD 34.24 billion in 2028 | CAGR of 21.0%

According to Fortune Business Insights, the global Smart Speaker Market Size is projected to reach USD 34.24 billion in 2028, at a CAGR of 21.0% during forecast period; Rising Smart Home Trend to Propel Growth Pune, India, May 25, 2022 (GLOBE NEWSWIRE) — The global Smart Speaker Market size reached USD 7.82 billion in 2020. The market valuation is set to increase from USD 9.04 billion in 2021 to USD 34.24 billion in 2028 at a CAGR of 21.0% during the forecast period. The product adoption will soar in the forthcoming years led by the proliferation of smart home devices. Consumer demand for latest AI-powered tech to control smart home devices will be a key trend in the market. Fortune Business Insights presents this information in its report titled “Smart Speaker Market Forecast, 2021-2028.” Key Industry Development: September...

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With 21.7% CAGR, Buy Now Pay Later Market Size Worth USD 90.51 Billion in 2029

According to Fortune Business Insights, the global Buy Now Pay Later Market size is projected to reach USD 90.51 billion in 2029, at CAGR of 91.7% during forecast period; Factors such as Rising Number of E-Commerce Platforms & Rising Adoption to Aid Growth Pune, India, May 25, 2022 (GLOBE NEWSWIRE) — The Buy Now Pay Later Market size was USD 15.91 billion in 2021. The market is projected to grow from USD 22.86 billion in 2022 to USD 90.51 billion in 2029 at a CAGR of 21.7% during the 2022-2029 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Buy Now Pay Later Market, 2022-2029.” Factors such as the rising number of e-commerce platforms and increasing adoption of services will increase the footprint of the market during the forecast period. Additionally, rising investments from...

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Variable Frequency Drive Market Size to Hit USD 32.31 Billion by 2029 | Increase Demand for Energy-efficient Solutions Spur Market Opportunities

According to latest report published by Fortune Business Insights, the global Variable Frequency Drive (VFD) market was valued USD 19.21 billion in 2021 and is expected to reach USD 32.31 billion in 2029, at a CAGR of 7.2% over the forecast period 2022–2029.Variable Frequency Drive Market Share Variable Frequency Drive Market SharePune, India, May 25, 2022 (GLOBE NEWSWIRE) — The global variable frequency drive market size was valued at USD 19.21 billion in 2021. The market is projected to grow from USD 19.87 billion in 2022 to USD 32.31 billion by 2029, exhibiting a CAGR of 7.2% during the forecast period. This information is provided by Fortune Business Insights™, in its report, titled, “Global Variable Frequency Drive Market, 2022-2029.” According to our analyst, the factor that the technology aids to manage the operating...

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