Month: July 2022

OM Holdings International Reports Third Quarter FY 2022 Results

Written by Customer Service on July 18, 2022. Posted in Earnings Releases And Operating Results.

Miami, FL, July 18, 2022 (GLOBE NEWSWIRE) — OM Holdings International Inc. (OTCQX: OMHI) today announced its financial results for the third quarter ended and nine months ended May 31, 2022. Key Financial Highlights: Operating Results for the Three Months Ended May 31, 2022Net sales for three months ended May 31, 2022 was $9.6 million, an increase of 30% from $7.4 million in the same period of 2021. Gross profit was $2.9 million, an increase of 42% from $2.0 million in the same period of 2021. Net profit was $699 thousand, an increase of 27% from $550 thousand in the same period of 2021.Operating Results for the Nine Months Ended May 31, 2022Net sales for nine months ended May 31, 2022 was $27.6 million, an increase of 34% from $20.6 million in the same period of 2021. Gross profit was $8.8 million, an increase of 48%...

A2MAC1 acquires effution and strengthens its competitive insights offerings in software engineering and benchmarking solutions

Written by Customer Service on July 18, 2022. Posted in Mergers And Acquisitions.

Press release Paris, July 18, 2022 A2MAC1 acquires effution and strengthensits competitive insights offerings in software engineering and benchmarking solutions A2MAC1, the undisputed global leader in automotive technology benchmarking, has rigorously analyzed technology and innovations since 1997. The company is constantly enhancing the cutting-edge insights it offers its customers. In recent years, A2MAC1 has extended its core technical benchmarking data offering with performance and cost benchmarking data, as well as introduced unique 360° vehicle insights to provide maximum value for its clients. A2MAC1 works with the leading global customers across the automotive supply chain, serving OEMs, OESs, and their suppliers. A2MAC1 and effution, an acquisition that consolidates the group’s software engineering and benchmarking expertiseeffution...

AgriFORCE CEO to Participate in the Benzinga All Access Event on July 22nd

Written by Customer Service on July 18, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, July 18, 2022 (GLOBE NEWSWIRE) — AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop optimization across multiple platforms, today announced that Ingo Mueller, CEO of AgriFORCE, will be participating in the Benzinga All Access event taking place on July 22, 2022. Mr. Mueller is scheduled to present on Friday, July 22, 2022, at 11:40 A.M. Eastern Time. The event will be broadcast live and can be viewed at: https://www.youtube.com/watch?v=_ZV7EIrsfxM. An archived recording of the presentation will be available on the investor relations section of the Company’s website at https://ir.agriforcegs.com/news-events/videos. About Benzinga All Access Benzinga All Access is a first-of-its-kind...

Heritage Bank of Commerce Opens New Banking Office in Oakland

Written by Customer Service on July 18, 2022. Posted in Public Companies.

Expands footprint with 18th location in Bay Area SAN JOSE, Calif., July 18, 2022 (GLOBE NEWSWIRE) — Heritage Bank of Commerce (the “Bank”), a subsidiary of Heritage Commerce Corp. (Nasdaq: HTBK), today announced the opening of a new Oakland banking office at 1111 Broadway, Suite 1650. Led by Landon Baines, SVP, Regional Market President, the Oakland team will offer a full range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. “Since we opened our doors in San Jose almost 30 years ago, Heritage Bank of Commerce has been delivering customized banking solutions for businesses across the Bay Area,” said Clay Jones, President of Heritage Bank of Commerce. “By continuing to grow the Bank’s presence in local markets like Oakland, we reaffirm our commitment to supporting those...

Rex Resources Announces 2022 Field Program at the Kalum Gold Property, Golden Triangle Region, BC

Written by Customer Service on July 18, 2022. Posted in Public Companies.

Cranbrook, B.C, July 18, 2022 (GLOBE NEWSWIRE) — Rex Resources Corp. (TSX-V:OWN), (“Rex” or “the Company”) has been notified by option partner Eagle Plains Resources Corp. (TSX-V:EPL), (“EPL” or “Eagle Plains”) that field crews have been mobilized to Eagle Plains’100% owned Kalum Property located approximately 35 km northwest of Terrace, British Columbia in the Skeena Mining Division. Under the terms of the option agreement, Rex can earn an undivided 60% interest in the property by completing exploration expenditures of $3,000,000, making cash payments of $500,000 and issuing 1,000,000 common shares to EPL over a four year period. 2022 fieldwork will be caried out by TerraLogic Exploration Services of Cranbrook BC and is planned to include:detailed mapping to locate drill collars in the Bling-Rico and Babit trend areas structural...

Genius Brands Announces Complete Dismissal of Securities Class Action Lawsuit

Written by Customer Service on July 18, 2022. Posted in Public Companies.

BEVERLY HILLS, Calif., July 18, 2022 (GLOBE NEWSWIRE) — Genius Brands International, Inc. (NASDAQ:GNUS) today announced that on July 15, 2022, the shareholder class action lawsuit against the Company, filed in the United States District Court for the Central District of California (Case 2:20-cv-07457 DSF-RAO), has been dismissed. Commenting on the court’s ruling, the company’s General Counsel and COO, Mike Jaffa stated, “We are pleased that the court has ruled in our favor. We remain singularly focused on creating timeless animated content and a cutting-edge global distribution system, while growing revenues and assets for our shareholders.” About Genius Brands International Genius Brands International, Inc. (Nasdaq: GNUS) is a leading global kids media company developing, producing, marketing, and licensing branded children’s...

Maris-Tech Received a Repeat Order From a Leading Defense Company Customer

Written by Customer Service on July 18, 2022. Posted in Public Companies.

This is the third order the Company has received from the leading defense company in an amount greater than $250,000 REHOVOT, Israel, July 18, 2022 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of intelligent video transmission technology, today announced it has received a purchase order of more than $250,000 from a leading defense company customer. This is its third order Maris-Tech has received from the customer for its advanced Neptune-Split platform. The Company’s Neptune-Split platform is a unique product that was previously designed as a custom-made product for this customer. The product is currently a stand-alone product and available for companies that are seeking advance video solutions for defense application. “We are pleased to receive a repeat...

With 18.0% CAGR, Flat Glass Coatings Market Size to Worth USD 7.05 Billion by 2029

Written by Customer Service on July 18, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global flat glass coatings market size is projected to reach USD 7.05 billion in 2029, at CAGR of 18.0% during forecast period 2022-2029 | Asia Pacific to Dominate Backed by Heavy Adoption of Product Pune, India, July 18, 2022 (GLOBE NEWSWIRE) — The global flat glass coatings market size was valued at USD 1.96 billion in 2021. The market is projected to grow from USD 2.22 billion in 2022 to USD 7.05 billion by 2029, exhibiting a CAGR of 18.0% during the forecast period. This information is published by Fortune Business Insights, in its report, titled, “Flat Glass Coatings Market, 2022-2029.” COVID-19 Impacts: Variation in Supply Chain Commenced by COVID-19 to Constrain Growth The COVID-19 pandemic had a considerable influence on the flat glass coatings market growth. Owing to the lockdown...

Pervasip Announces 2nd Quarter Financials

Written by Customer Service on July 18, 2022. Posted in Earnings Releases And Operating Results.

SEATTLE, July 18, 2022 (GLOBE NEWSWIRE) — Pervasip Corp. (OTCPK: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, today announced the filing of its unaudited financial statements for its 2nd Quarter ended May 31, 2022. The cannabis market on the Westcoast has seen a dramatic post pandemic retraction and created a challenging environment for all producer, processors and retailers. With an almost 18% contraction in retail revenues, massive oversupply and increasing costs, the industry has rushed head on into a perfect storm. “Our systemwide restructuring launched end of 2021, the strength of the Artizen flower brand supported by our amazing independent cultivators, and several aggressive new initiatives have allowed us to be in a much better position than most of our competitors....

Chicago Printing & Direct Mail Company United GMG Acquires Lightbox Graphix & Expands Capabilities

Written by Customer Service on July 18, 2022. Posted in Mergers And Acquisitions.

United GMG acquires Lightbox Graphix, resulting in an expansion of services for customers and new job opportunities for the community CHICAGO, July 18, 2022 (GLOBE NEWSWIRE) — United GMG—a Chicago, Illinois-based printing and direct mail company—has acquired Lightbox Graphix—a full-service design and signage company that focuses on branding and imaging using the latest digital technologies and sign making equipment. The process took several weeks, and the deal was signed June 17th. The official announcement was made on June 27th. The acquisition of Lightbox Graphix fits into United GMG’s strategy to expand their capabilities and add additional services to their already robust portfolio of printing solutions. By purchasing Lightbox Graphix, United GMG brings in capabilities to offer vehicle wraps, monument signage, and interior...

Month: July 2022

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