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Day: July 11, 2022

Power Solutions Specialists TX Residential Standby Generator Customers Can Benefit by Providing Grid Relief to ERCOT via Innovative OmniMetrix™ Partnership

Power Solutions’ Customers Can Support Texas’ Energy Resilience and Get Paid! HOUSTON and BUFORD, Ga., July 11, 2022 (GLOBE NEWSWIRE) — Power Solutions Specialists TX (PSS) and OmniMetrix, LLC, a subsidiary of Acorn Energy, Inc. (ACFN), today announced an innovative partnership to help homeowners that install next-generation standby generators to earn compensation for offering grid relief, known as “demand response,” to the Electric Reliability Council of Texas (ERCOT). OmniMetrix, a provider of IoT remote monitoring and control technology that is necessary to enable this capability, partnered with PSS last year to provide monitoring services to Briggs and Stratton back-up power generators sold by PSS. Under the new program, PSS can install standby generators at a lower price point for residential customers that participate in...

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Xeriant Announces Date of Upcoming Press Conference

BOCA RATON, Fla., July 11, 2022 (GLOBE NEWSWIRE) — Xeriant, Inc. (OTCQB: XERI) (“Xeriant” or the “Company”), an aerospace company dedicated to Advanced Air Mobility and associated specialty chemicals and materials, announced today there will be a press conference on August 3 to discuss the Company’s recent significant positive developments. The date of the press conference was moved into August due to travel plans during the last week of July, when Xeriant’s management team will be in Slovakia to address the strong U.S. and global demand for Retacell® and the fire- and water-resistant composite panels made with Retacell®. Xeriant has been meeting with multiple interested end users from the building and textiles industries, with discussions that include advanced negotiations, and is taking steps to scale up production, finalizing...

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Clever Leaves strengthens German presence through expanded Cantourage partnership

The Partnership with Cantourage will now include Clever Leaves’ Premium Cannabinoids from the Company’s Portugal Facility to serve German pharmacies BOCA RATON, Fla., July 11, 2022 (GLOBE NEWSWIRE) — Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today the continued expansion of the Company’s partnership with European medical cannabis leader Cantourage GmbH (“Cantourage”) to include supply of Clever Leaves’ second pharmaceutical-grade cannabis product, cultivated in the Company’s Portugal Facilities, to the German medicinal cannabis market. Clever Leaves will supply Cantourage with high-THC dried flower product from the Company’s Wappa strain, cultivated in Clever Leaves’ facility in Portugal, where...

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Reneo Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

IRVINE, Calif., July 11, 2022 (GLOBE NEWSWIRE) — Reneo Pharmaceuticals, Inc. (Nasdaq: RPHM), a clinical stage pharmaceutical company focused on the development and commercialization of therapies for patients with rare genetic mitochondrial diseases, today announced that the Compensation Committee of Reneo’s Board of Directors (the Compensation Committee) granted inducement awards to a non-executive new employee, consisting of an option to purchase an aggregate of 75,000 shares of common stock, plus a performance-based restricted stock unit award covering 25,000 shares of common stock. The Compensation Committee approved the awards as inducements material to such non-executive new employee entering employment with Reneo in accordance with Nasdaq Listing Rule 5635(c)(4). About Reneo Pharmaceuticals Reneo is a clinical-stage pharmaceutical...

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CareCloud to Present at the Healthcare IT Conference Presented by Maxim Group LLC on Tuesday, July 12 at 11:00 a.m. EDT

SOMERSET, N.J., July 11, 2022 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company”) (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced today that CFO, Bill Korn, will be participating in a virtual panel, “Software for Doctors and Dentists,” at the Healthcare IT Virtual Conference, presented by Maxim Group LLC and hosted by M-Vest, on Tuesday, July 12, 2022, at 11:00 a.m. EDT. CareCloud’s software and services are used by 40,000 healthcare providers in all 50 states. This conference will be hosted live on M-Vest. To attend, please visit’s CareCloud’s investor relations site, ir.carecloud.com/events, and click on the Maxim Healthcare IT Conference. About CareCloud CareCloud (Nasdaq: MTBC, MTBCO, MTBCP) brings disciplined innovation to the business...

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Society Pass (SoPa) Marks First Foray Into Thailand by Acquiring Bangkok-Headquartered Thoughtful Media Group, Southeast Asia’s Leading Digital Video Multi-Platform Network and Social Commerce Platform

SoPa acquires first company in Thailand and continues network expansion of its digital ecosystem throughout Southeast Asia (“SEA”) Thoughtful Media’s social commerce-focused Multi-Platform Network (“MPN”) in Thailand, Vietnam, Philippines and the US amplifies SoPa’s loyalty offering Thoughtful Media recorded revenues of US$5.8 million in 2021, forecasts significant revenue growth in 2022 and beyond Thoughtful Media’s data-rich MPN has uploaded over 675,000 videos with over 80 billion video views since 2010, and the current network of 263 YouTube Channels has onboarded over 85 million subscribers SoPa sees significant cross-marketing and revenue generation synergies between Thoughtful Media and rest of SoPa ecosystemSINGAPORE, July 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Society Pass Incorporated (“SoPa” or “Society...

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Kala Pharmaceuticals Completes Sale of EYSUVIS® and INVELTYS® to Alcon Inc

ARLINGTON, Mass, July 11, 2022 (GLOBE NEWSWIRE) — Kala Pharmaceuticals, Inc. (NASDAQ:KALA), a clinical-stage biopharmaceutical company dedicated to the research, development and commercialization of innovative therapies for rare diseases of the eye, announced today that it has completed the sale of its commercial portfolio and related intellectual property assets to Alcon Inc., a transaction that was announced on May 23, 2022. The sale included EYSUVIS, the first and only U.S. Food and Drug Administration approved medicine for the short-term (up to two weeks) treatment of the signs and symptoms of dry eye disease, and INVELTYS, a twice-a-day corticosteroid for the treatment of post-operative inflammation and pain following ocular surgery. Under the terms of the transaction, Kala received an upfront payment of $60 million in cash...

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Research 2022, Fitness Tracker Market Size Is Projected to Reach USD 114.36 Billion in 2028 while exhibiting a CAGR of 15.4%

According to Fortune Business Insights, The global Fitness Tracker Market is expected to reach USD 91.98 billion by 2027, exhibiting a CAGR of 15.2% during the forecast period. High Proclivity towards Fitness to Boost Demand for Fitness Trackers Pune, India, July 11, 2022 (GLOBE NEWSWIRE) — The global ”Fitness Tracker Market” is expected to reach USD 91.98 billion by 2027, exhibiting a CAGR of 15.2% during the forecast period. The rising adoption of wearable devices among the young population will significantly bolster healthy growth of the market, states Fortune Business Insights, in a report, titled “Fitness Tracker Market Size, Share &COVID-19 Impact Analysis, By Device Type (Smart Watches, Fitness Bands, Smart Glasses, Smart Clothing, and Others), By Application (Heart Rate Tracking, Sleep Measurement, Glucose Measurement,...

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Watsco’s Earnings Call to Discuss Second Quarter Results Scheduled on July 26, 2022

MIAMI, July 11, 2022 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2022 second quarter financial results on Tuesday, July 26, 2022 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team. The conference call will be web-cast by CCBN’s StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on July 26, 2022. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration...

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Wah Fu Education Group Ltd. Announces Cooperation with Sichuan International Studies University and Dotease Information for Online Education Platform Development

BEIJING, China, July 11, 2022 (GLOBE NEWSWIRE) — Wah Fu Education Group Limited (“Wah Fu” or the “Company”) (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced that it’s wholly-owned subsidiary, Beijing Huaxia Dadi Distance Learning Services Co., Ltd., entered into a cooperation agreement with Sichuan International Studies University (“SISU”) for the development of Online and Continuing Education College’s Online Course Platform. Additionally, the Company’s majority-owned subsidiary, Huafu Wanrun (Guangzhou) Education Technology Co., Ltd, also entered into a cooperation agreement with Dotease Information Technology Co., Ltd. (“Dotease Information”) for the development of the Vocational...

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