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Day: July 13, 2022

One Equity Partners Announces the Acquisitions of CoxReps and Gamut from Cox Media Group

CoxReps and Gamut Positioned to Accelerate Growth NEW YORK and ATLANTA, July 13, 2022 (GLOBE NEWSWIRE) — One Equity Partners (OEP) and Cox Media Group (CMG) today announced that they have entered into a definitive agreement for OEP to purchase CoxReps and Gamut. OEP is a middle-market private equity firm with approximately $10 billion in assets under management, focused on building market-leading companies through transformative combinations within the industrial, healthcare, technology, and media sectors in North America and Europe. CMG is an industry-leading media company with unparalleled TV and radio brands, award-winning content, and exceptional people. Andrew Dunn, Managing Director of OEP, said, “OEP is thrilled to begin its investment partnership with these two superb teams leading two companies at the forefront of the...

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U.S. District Court for the Northern District of California Rules in Favor of VoIP-Pal

The Court denied Twitter’s motion for attorney’s fees. WACO, Texas, July 13, 2022 (GLOBE NEWSWIRE) — VoIP-Pal.com Inc. (“VoIP-Pal”, “Company”) (OTCQB: VPLM) is pleased to announce the Company has received a favorable ruling in Case 3:20-cv-02397-JD Twitter Inc v. VoIP-Pal.Com Inc., filed in U.S. District Court for the Northern District of California. Twitter originally sought a declaratory judgement of noninfringement of VoIP-Pal’s patent, U.S. Patent No. 10,218,606 (the ’606 patent). VoIP-Pal granted Twitter a covenant not to sue and the Court granted VoIP-Pal’s motion to dismiss the case on that basis. Following the dismissal however, Twitter brought a motion against VoIP-Pal for attorney fees. In a recent order dated July 1, 2022, the Court sided with VoIP-Pal and denied Twitter’s motion for fees. Emil Malak, CEO of VoIP-Pal...

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Logansport Financial Corp. Reports Net Earnings for the Quarter Ended June 30, 2022

LOGANSPORT, Ind., July 13, 2022 (GLOBE NEWSWIRE) — Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended June 30, 2022 of $825,000 or $1.35 per diluted share, compared to earnings in 2021 of $665,000 or $1.09 per diluted share. Year to date the company reported net earnings of $1,608,000 for 2022 compared to $1,598,000 for 2021. Diluted earnings per share for the six months ended June 30, 2022 were $2.64 compared to $2.63 for the six months ended June 30, 2021. Total assets at June 30, 2022 were $242.3 million compared to total assets at June 30, 2021 of $243.4 million. Total Deposits at June 30, 2022 were $220.5 million compared to total deposits of $213.7 million at June 30, 2021. The company paid a total of $0.80 per share in dividends in the first half...

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Sotherly Hotels Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call

WILLIAMSBURG, Va., July 13, 2022 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the second quarter 2022 prior to the market opening on Thursday, August 11, 2022. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company’s second quarter 2022 results. The information to be discussed on the call will be contained in the Company’s earnings release, which will be available via the Company’s website at www.sotherlyhotels.com in the Investors section under Financial Information. The conference call will be accessible by telephone and through the Internet. Interested individuals are invited to listen to the call by telephone at 844-200-6205...

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AKVA group ASA: Invitation – presentation of the Q2 2022 financial results

AKVA group ASA hereby invites you to the presentation of the Q2 2022 financial results, which will take place as follows: Time: Friday August 12th, 2022, at 10:00 CET. Place: DNB’s head office in Bjørvika, Dronning Eufemias gate 30.In addition to the physical presentation in Oslo, the event will be live streamed: https://channel.royalcast.com/landingpage/hegnarmedia/20220812_2/ The presentation will be held in English and registration for the physical presentation can be submitted to DNB Corporate Access on ca@dnb.no Dated: 13 July 2022                AKVA group ASA Web: www.akvagroup.com CONTACTS:Knut Nesse Chief Executive OfficerPhone: +47 51 77 85 00Mobile: +47 91 37 62 20E-mail: knesse@akvagroup.comRonny Meinkøhn Chief Financial OfficerPhone: +47 51 77 85 00Mobile: +47 98 20 67 76E-mail: rmeinkohn@akvagroup.comThis...

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Rackspace Technology and oak9 Secure Infrastructure as Code and Cloud Operations

Offering automates cloud-native application security from design to production SAN ANTONIO, Texas, July 13, 2022 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, today announced that it will offer Infrastructure as Code (IaC) Security Services from oak9 to help businesses secure cloud-native application infrastructure for developers, security teams, and cloud operations across the software development lifecycle. Oak9 allows organizations to integrate security into existing DevOps processes at repos and orchestrations platforms before they go live in the cloud environment. The Oak9’s Security as Code Platform automatically finds, analyzes, and remediates security and compliance gaps in real-time as changes are detected in IaC and deployed cloud-native workloads. “Customers...

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Buoyant M&A market continues despite economic instability

Deal makers recorded the third-highest half-year volume of deals completed on record, though volatility risks M&A disruption during months aheadGlobal M&A volumes hit third-highest total on record for opening six-month period. Asia Pacific M&A is outperforming the rest of the world. North America M&A is underperforming by –6.1 percentage points, Europe M&A by –5.9 percentage points. Deals in 2022 are taking longer to complete compared with last year.ARLINGTON, Va., July 13, 2022 (GLOBE NEWSWIRE) — Reports of global merger and acquisition (M&A) activity entering a dry spell appear premature with deal makers recording the third-highest number of completed deals in an opening six months since M&A deal research by WTW began in 2008, run in partnership with the M&A Research Centre at Bayes...

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OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Provides an Updated Revenue Forecast for 2022

NEW YORK, NY, July 13, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and growing public safety and technology-based companies across the globe. Now in its second year of operations since taking over from previous management, the company has completed several acquisitions and also created subsidiaries which are in the process of completing several further acquisitions. In line with the substantial progress that ILUS has made in 2022, the company has therefore significantly increased its revenue forecast for the year.  On the 11th of February 2022, ILUS announced a run rate revenue forecast of $40 to $55 million for 2022. Due to current progress and the agreed acquisitions which it expects to close in the 3rd quarter, ILUS has updated...

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ITW Schedules Second Quarter 2022 Earnings Webcast

GLENVIEW, Ill., July 13, 2022 (GLOBE NEWSWIRE) — Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2022 results on Tuesday, August 2, 2022 at 7:00 a.m. CDT. Following the release, ITW will hold its second quarter earnings webcast at 9:00 a.m. CDT. To access the webcast for the event, please click on the following link: ITW Q2 2022 Earnings Webcast If you are a participant on the conference call, please dial 1-888-660-6652 (domestic) or 1-646-960-0554 (international) 10 minutes prior to the 9:00 a.m. CDT start time. The passcode is “ITW.” Following the webcast, presentation materials and an audio webcast replay will be available at http://investor.itw.com. An audio-only replay will be available from August 2nd through August 9th by dialing 1-800-770-2030 (domestic) or 1-647-362-9199 (international). The passcode...

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Hon. Jay M. Cohen, Rear Admiral, USN (Ret.), Joins MISTRAS Group as Advanced Technical Solutions Consultant

Rear Admiral Jay M. Cohen USN Hon. Jay M. Cohen, Rear Admiral, USN (Ret.), Joins MISTRAS Group As Advanced Technical Solutions ConsultantPRINCETON JUNCTION, N.J., July 13, 2022 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (NYSE: MG), a leading “one source” global provider of technology-enabled asset protection solutions, announced Hon. Jay M. Cohen has joined MISTRAS as an Advanced Technical Solutions Consultant.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cf5ce81b-8267-4218-8c79-24c6a161c87f The addition of retired Adm. Cohen – the former Under Secretary (2006 – 2009) for Science and Technology at the Department of Homeland Security (DHS) – aims to further establish MISTRAS’ footprint in the military and defense, maritime, and marine facilities sectors...

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