Day: July 20, 2022
Surging Electricity Demand Globally Driving the Growth of Global Microturbine Market: Fortune Business Insights
Pune, India, July 20, 2022 (GLOBE NEWSWIRE) — Microturbine Market size is projected to reach USD 129.4 million in 2029, at a CAGR of 10.1% during the forecast period. The global Microturbine market size was USD 60.3 million in 2021. Microturbine market is projected to rise during the forecast period due to increasing installation of Combined Heat and Power (CHP) to Bolster Market Growth. This information is published by Fortune Business Insights™ in a report, titled, “Microturbine Market, 2022-2029.”
COVID-19 Activates Disturbance in Growth due to Worsened Supply Chain Operations
The novel coronavirus turned out to be a global health hazard and has managed to impact the globe. There are several business sectors impacted...
NearU Services Partners with MTB Mechanical, Fortifying Market Leadership in the Carolinas
Written by Customer Service on . Posted in Mergers And Acquisitions.
MTB Mechanical
MTB Mechanical joins the growing NearU family of brands.Charlotte, NC, July 20, 2022 (GLOBE NEWSWIRE) — NearU Services (“NearU”), a founder-led premier home services platform, today announced its partnership with MTB Mechanical Inc. (“MTB Mechanical”, “MTB”, or the “Company”), a leading HVAC services provider in the Charlotte, North Carolina area. With this partnership, NearU has rounded out its geographic presence in all major markets in North Carolina and expanded its service capabilities into one of the fastest-growing cities in the United States.
“We are thrilled to welcome MTB Mechanical to the NearU family. Britt and Jennifer Thomas, along with the talented MTB team, have built an outstanding company with a best-in-class reputation in the home services industry. They have achieved this preeminent...
Society Pass (SoPa) Welcomes Mangan.ph, Philippines’ Leading Restaurant Delivery Service, to Its Ever Expanding Next Generation Digital Ecosystem
Written by Customer Service on . Posted in Mergers And Acquisitions.
SOPA
The Society PassMangan
Mangan.phSoPa acquires Mangan.ph (“Mangan”), the leading local restaurant delivery service in Philippines
Mangan.ph represents SoPa’s second acquisition in Philippines and its third overall F&B acquisition as SoPa continues to expand its digital ecosystem throughout Southeast Asia (“SEA”)
SoPa creates a one-stop food delivery solution in Philippines with both its grocery delivery service, Pushkart, and restaurant delivery service, Mangan
Since its launch in December 2017, Mangan has onboarded over 500,000 registered consumers, over 80,000 social media followers, and over 1,200 registered restaurants as well as generating over 100,000 mobile app downloads onto its platform. Leveraging its +200 rider/driver network, Mangan completes over 800 food deliveries per day
With this acquisition, SoPa has...
Resgreen Group To Increase Horsepower and Reduce Maintenance with New Brushless Motor for PullBuddy™ AGV
Written by Customer Service on . Posted in Public Companies.
$RGGI Resgreen Group – PullBuddy™ AGV
RGGI’s PullBuddy™ AGV will include a new brushless motor to increase horsepowerSHELBY TOWNSHIP, MI, July 20, 2022 (GLOBE NEWSWIRE) — Resgreen Group (OTC PINK: RGGI) (“RGGI”), a leading mobile robot company, today announced it is testing a new brushless motor for its robust PullBuddy™ Automatic Guided Vehicle (AGV), which moves loads up to 3,000 pounds. The brushless motor has a higher torque compared to the currently used brushed motor, which will lead to better performance and increased horsepower. In addition, the new motor requires less maintenance, resulting in a more robust unit.
“Our engineering team is constantly looking for ways to improve our products, making them easier to manufacture, install and service for our customers,” said Parsh Patel, CEO at RGGI. “Our focus is finding...
Hestia Insight Announces Health and Wellness Products E-vending Machine Pilot Program
Written by Customer Service on . Posted in Public Companies.
LAS VEGAS, NV, July 20, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Hestia Insight Inc. (OTCQB: HSTA), a Company focused on the development and operation of novel technologies in the healthcare and biotech sectors, as well as providing sales and marketing guidance and capital markets advisory services to its clients, today announced that its wholly-owned subsidiary, HSTA HEALTH INC., purchased ten fully-automated HealthyYOU E-vending machines in connection with the Company’s vending pilot program.
The technologically advanced, unattended HealthyYOU E-vending machines dispense healthy food, beverage, and wellness products to paying customers at the point of sale, accepting cash, coin, credit or debit cards, and payments by smartphones, watches and other devices. The Company’s goal is to create a technology-driven health and wellness...
Mason Graphite Enters Into OJV Agreement and Completes $2.5 Million Private Placement with Nouveau Monde
Written by Customer Service on . Posted in Public Companies.
MONTREAL, July 20, 2022 (GLOBE NEWSWIRE) — Mason Graphite Inc. (“Mason Graphite” or the “Company”) (TSX-V: LLG) (OTCQX: MGPHF) today announced the initial closing of the previously announced transactions contemplated under the investment agreement dated May 15, 2022 (the “Investment Agreement”) between the Company and Nouveau Monde Graphite Inc. (“Nouveau Monde”) (NYSE: NMG) (TSX-V: NOU).
Pursuant to the Investment Agreement, Mason Graphite has entered into an option and joint venture agreement (the “OJV Agreement”) with Nouveau Monde. Concurrently with the execution of the OJV Agreement, Mason Graphite and Nouveau Monde have completed the private placement of 5.0 million common shares of the Company (the “Initial Shares”) to Nouveau Monde at a price of $0.50 per Inital Share for gross proceeds to the Company of $2.5 million. The...
AIM ImmunoTech reports additional patient data from Single-Center Named Patient Program evaluating Ampligen as maintenance therapy for advanced pancreatic cancer indicating additional progression-free and overall survival over previously published data
Written by Customer Service on . Posted in Public Companies.
Professor C.H.J. van Eijck, MD, PhD
Professor C.H.J. van Eijck, MD, PhDAmpligen® (rintatolimod) has demonstrated promising activity as a potential maintenance therapy after systemic chemotherapy in patients with metastatic and locally advanced pancreatic cancer (LAPC)
New patient data provide further validation for advancing the development of Ampligen for the treatment of late-stage pancreatic cancer
New data were recently presented by Professor C.H.J. van Eijck, MD, PhD of Erasmus Medical Center at the 5th Dutch Multidisciplinary Gastrointestinal Oncology Congress held in Ermelo, Netherlands
OCALA, Fla., July 20, 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...
Överumans Fisk AB, a Swedish subsidiary of AS PRFoods, increases loan kick-start a fish farming and to support its working capital
Written by Customer Service on . Posted in Public Companies.
Överumans Fisk AB, a subsidiary of AS PRFoods, entered into loan agreements with Amber Trust II S.C.A., SICAR and Lindermann, Birnbaum & Kasela OÜ to borrow up to EUR 1,000,000 (up to EUR 500,000 from each lender). The repayment term of both loans is 31.12.2022 and the interest is 6.25% per annum. The new limit amount is EUR 1,705,000.
The money is borrowed to support the start-up phase of Swedish fish farming and to boost company’s working capital at the same time. Fish will be farmed in Sweden’s largest and most environmentally friendly farm, using predominantly hydroelectric power or other renewable energy sources. The CO2 footprint of the fish farm is also about 1/3 smaller than, for example, in RAS-type i.e. terrestrial farms.
The lenders are the shareholders of AS PRFoods and thus the related persons within the meaning...
SPS Commerce Acquires GCommerce
Written by Customer Service on . Posted in Mergers And Acquisitions.
Acquisition strengthens company’s leadership in the automotive aftermarket industry
MINNEAPOLIS, July 20, 2022 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail cloud services, today announced the acquisition of GCommerce, a leading EDI provider within the automotive aftermarket industry.
“We are excited about the acquisition of GCommerce, a software solution provider known for its expertise in the automotive aftermarket industry,” said Archie Black, CEO of SPS Commerce. “We are pleased to welcome GCommerce employees and customers to the SPS Commerce community, and I am looking forward to capitalizing on our joint passion for innovation and focus on excellent customer experience.”
“GCommerce is excited to join SPS Commerce, which marks the next phase in our strategy to deliver compelling solutions and...
H World Group Limited Announces Preliminary Results for Hotel Operations in the Second Quarter of 2022
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
SHANGHAI, China, July 20, 2022 (GLOBE NEWSWIRE) — H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”), a world-leading hotel group, today announced preliminary results for hotel operations in the second quarter (“Q2 2022”) ended June 30, 2022.
COVID-19 update For our Legacy-Huazhu business, the large-scale outbreak of Omicron variant in China since early-March 2022 led to massive lockdown in various cities and sharp decline in the demand for both business and leisure travel. As a result, our RevPAR in Q2 2022 only recovered to 69% of the 2019 level. Breaking down into each month, April and May 2022 were the hardest-hit with RevPAR only having recovered to 53% and 65% of the 2019 levels respectively. However, RevPAR recovery improved in June 2022 to 86% of the 2019 level due to gradual lift of lockdown...