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Day: May 26, 2022

DIAGNOS and the CHUM are launching the testing phase of autonomous artificial intelligence solutions dedicated to diabetic retinopathy screening

BROSSARD, Quebec, May 26, 2022 (GLOBE NEWSWIRE) — Diagnos Inc. (“DIAGNOS”, the “Corporation” or ”we”) (TSX Venture: ADK) (OTCQB: DGNOF) a leader in early detection of critical health issues through the use of its FLAIRE platform based on Artificial Intelligence (AI), is pleased to announce, in partnership with the Centre hospitalier de l’Université de Montréal (CHUM), the launch of the testing phase for autonomous artificial intelligence solutions dedicated to diabetic retinopathy screening. It is with great pleasure that DIAGNOS and the CHUM are launching the clinical study which will make it possible to establish, with precision, the level of performance of the autonomous algorithms utilized for the identification of the disease and its classification by level of severity, with patients suffering from diabetic retinopathy. “This...

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Urbanimmersive Announces Its 2022 Second Quarter Financial Results

SAINT-HUBERT, Quebec, May 26, 2022 (GLOBE NEWSWIRE) — Urbanimmersive Inc. (“Urbanimmersive,” the “Company” or “UI”) (TSV-V UI) (OTCQB: UBMRF) today announced select financial results and presents business highlights for its second quarter ended March 31, 2022. The financial statements and related management’s discussion and analysis (“MD&A”) can be viewed on SEDAR at https://www.sedar.com/. HIGHLIGHTSFor its second quarter of 2022 (Q2-22), the Company generated total revenues of $2,182k compared to $982k for Q2-21, an increase of $1,200k or 122%;For Q2-22, the Company sold 3,806 immersive 3D tours compared to 1,122 tours in Q2-21, an increase of 2,684 tours or 239%;In an unfavorable real estate market, in particular with historical-low inventories and number of transactions down 20% over last year combined with high...

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BigCommerce Hosts Inaugural Investor Day to Highlight Enterprise Focus and Outline Growth Opportunities

Enterprise ARR has grown at a 40%+/ann organic rate for the past 14 consecutive quarters and a 55% CAGR over the last three years AUSTIN, Texas, May 26, 2022 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, held its inaugural Investor Day on May 25, 2022 to provide an update on the Company’s strategy, products, financials and vision for the future. “Since going public nearly two years ago, we have made tremendous progress across our business,” said Brent Bellm, CEO of BigCommerce. “Beginning in 2015, BigCommerce extended up-market to become the first open SaaS platform to flexibly serve mid-market and large enterprises. We are a robust and growing enterprise business, delivering enterprise functionality to merchants of all sizes. We...

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News from INVL Technology managed companies: Novian has made full settlement for Elsis PRO acquisition

The Novian software and IT infrastructure services group, managed by INVL Technology, has made full settlement in the transaction to acquire the software services company Elsis PRO. It did so on 26 May this year, as per the agreements on the purchase and sale of the shares of Elsis PRO. The final value of the deal, at EUR 1.865 million, was determined after the preparation of Elsis PRO’s audited financial statements for 2021, on the basis of the EBITDA figure. Elsis PRO had revenue of EUR 2.96 million in 2021, which was up 12.3% compared to 2020. The company’s EBITDA was EUR 382,000 and increased 39.4%, while its operating profit grew 5.3% to EUR 0.08 million. The Novian group company Novian Systems signed the agreements to acquire 100% of the shares of Elsis PRO on 14 September 2021. The international audit firm Rӧdl & Partner audited...

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Clearmind Announces Successful Pre-IND Meeting with U.S. FDA for CMND-100 for Alcohol Use Disorder

Clearmind aims to initiate clinical trials with CMND-100 by year’s end VANCOUVER, May 26, 2022 (GLOBE NEWSWIRE) — Clearmind Medicine Inc. (CSE: CMND, OTC Pink: CMNDF,FSE: CWY0) (“Clearmind” or the “Company“), a biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, has completed a highly constructive Pre-Investigational New Drug Application (“pre-IND“) meeting with the U.S. Food and Drug Administration (“FDA“) to discuss the development of the Company’s MEAI- based proprietary compound CMND-100. “The FDA’s interest in CMND-100 as a potential therapy for alcohol use disorder was extremely encouraging,” said Dr. Adi Zuloff-Shani, Clearmind’s CEO. “Their feedback to the proposed development program was positive,...

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Global Tech Industries Group, Inc. Announces Term Sheet with Wildfire Media Corp.

New York, NY, May 26, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it has entered into a term sheet with Wildfire Media Corp., owner of the 1-800-LAW-FIRM brand (“Wildfire Media”), which outlines certain additional terms of the proposed acquisition of Wildfire Media by GTII. Pursuant to the term sheet, the parties are anticipating a purchase price of $100-$120 million for a 100% interest in Wildfire Media, which would be paid in restricted shares of GTII common stock once a third-party valuation has been obtained. Wildfire Media will pay for and provide an audit of its books for the periods ended December 31, 2020, December 31, 2021, and all applicable stub periods, which complies with PCAOB requirements and is acceptable...

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Auto Services Group Limited, a Leading Provider of Digitalized Auto Services and Auto Insurance in China, Announces Merger Agreement with Goldenbridge Acquisition Limited to Become a Publicly Traded Company on Nasdaq

Upon Completion of the Merger, the Combined Company is Expected to Trade on Nasdaq ●     Auto Services Group Limited (“SunCar”) is a leading provider of digital platforms of comprehensive automotive services and market-wide auto insurance products in China. ●     SunCar generated revenues of approximately US$250 million in 2021 (unaudited)1, and its revenue has a compounded annual growth rate of 32% from 2015 to 2021. Revenues in 2021 increased by 4.6% comparing to those in 2020. ●     The proposed transactions value the combined company at an estimated enterprise value on a pro-forma basis of approximately US$858 million, assuming no redemptions from the trust account.Shanghai, China, May 26, 2022 (GLOBE NEWSWIRE) — Auto Services Group Limited (“SunCar” or the “Company”), a leading provider of digitalized auto services...

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STEALTHGAS INC. Reports First Quarter 2022 Financial and Operating Results

ATHENS, Greece, May 26, 2022 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2022. OPERATIONAL AND FINANCIAL HIGHLIGHTS1About 59% of fleet days are secured on period charters for the remainder of 2022, with total fleet employment days for all subsequent periods generating approximately $70 million (excl. JV vessels) in contracted revenues.   A decrease of $1.5 million in voyage revenues compared to Q1 21’, as a result of having 35 vessels at the end of Q1 22’ compared to 42 vessels at the end of Q1 21’, including the spin-off of the four tanker vessels.   A decrease of $7.4 million in voyage expenses, operating expenses...

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First Source Mortgage Investment Fund Announces Bonus Distribution to Unitholders

TORONTO, May 26, 2022 (GLOBE NEWSWIRE) — First Source Mortgage Investment Fund (the “Fund”) has paid a bonus distribution of $0.01 per $10 Class F Unit (“Unit”). The bonus distribution equals the excess income earned by the Fund for the fiscal year ended December 31, 2021. The total distribution per unit for the 2021 fiscal year, inclusive of this bonus distribution, was $0.77/Unit or a compounded annualized return of 8.0%. The strong performance of the Fund is a direct result of one of, or a combination of, the following: a) strong performance of the mortgage assets; b) competitive market conditions; c) best in class underwriting practices; and d) favorable lending environment performance firmly in the top decile of Canadian mortgage funds. “It was another successful year filled with a unique set of challenges. As we begin...

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Siguldas CMAS JSC Unaudited financial information for the first three months of the year 2022

In the first three months of 2022 net turnover was 364.6 thousand euros, showing an increase of 15.3% against the corresponding period in 2021, whereas profit before taxes was 87.6 thousand euros – by 44.1 thousand euros higher compared to the corresponding period in 2021. At present, the restrictions that have entered into force in connection with the war in Ukraine have not affected the Company’s operations, nor is there a decrease in cash flow. The management of the Company believes that the introduced restrictions will not significantly affect the Company’s operations. PROFIT OR LOSS ACCOUNT  31.03.2022EUR 31.03.2021EURNet sales 364 568 316 085a) from agricultural activities 364 568 316 085Changes in stock of ready-made goods and unfinished products 40 443 18 035Other operating income 16 187 11 638Costs...

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