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Month: July 2022

Vishay Intertechnology Reflective Optical Sensor Saves Space, Delivers Improved Performance and Robustness

Offered in Compact 2.5 mm by 2.0 mm by 0.6 mm FAM Package, AEC-Q101 Qualified Device Features CTR of 33 % and High Temperature Operation to +110 C MALVERN, Pa., July 11, 2022 (GLOBE NEWSWIRE) — The Optoelectronics group of Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new AEC-Q101 qualified reflective optical sensor for automotive, smart home, industrial, and office applications. Offering a lower profile than previous-generation solutions — while delivering improved performance with a higher current transfer ratio (CTR) and operating temperature — the Vishay Semiconductors VCNT2025X01 combines an infrared emitter, silicon phototransistor detector, and daylight blocking filter in a miniature 2.5 mm by 2.0 mm by 0.6 mm surface-mount package. The device released today features a compact construction in which the emitting...

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Richardson Healthcare Receives MDSAP Certification and Expands CT Tube Business into Canada

ALTA750® CT Tube Now Available for Sale in Canada LAFOX, Ill., July 11, 2022 (GLOBE NEWSWIRE) — Richardson Healthcare, a Division of Richardson Electronics, Ltd. (NASDAQ: RELL), announces the company received its MDSAP certification and Canadian Device License allowing its flagship ALTA750® CT Tube to be sold in Canada. MDSAP, the Medical Device Single Audit Program, is a program that provides a single regulatory audit of a medical device manufacturer’s quality management system but satisfies the requirements of multiple regulatory jurisdictions. After receiving MDSAP, companies must then seek specific country approval. Richardson Electronics received its Canadian Device License by demonstrating the ability to provide medical devices and related services that consistently meet customer and regulatory requirements. “For...

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Former LIHTC Properties Remain Affordable, Freddie Mac Multifamily Research Finds

Properties that Benefit from Federal Tax Subsidies Rarely Increase Rents Significantly After Exiting Program MCLEAN, Va., July 11, 2022 (GLOBE NEWSWIRE) — Multifamily properties that exit the Low-Income Housing Tax Credit (LIHTC) program generally continue to rent at levels lower than those charged in the broader market and serve as a valuable source of workforce housing, Freddie Mac (OTCQB: FMCC) Multifamily’s new white paper finds. Researchers discovered that average rents remained materially lower than market comparables in a sample of 133 former LIHTC properties across seven markets. Rents were lower by an average of 12%, but differences varied widely across the cities that were studied. Former LIHTC properties in Dallas offered rents nearly 27% below market, but rents in Phoenix were just 3% below market. “A fear has been...

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IZEA Announces Q2 Managed Services Bookings of $9.3M

Record First-Half Bookings of $21.5M, Up 22% Year-Over-YearIZEA Announces Q2 Managed Services Bookings of $9.3M Record First-Half Bookings of $21.5M, Up 22% Year-Over-YearOrlando, Florida, July 11, 2022 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, announced today that its Managed Services team secured contracts totaling $9.3 million in the second quarter of 2022, down from $11.1 million in second quarter 2021. Managed Services bookings in the first half of 2022 totaled $21.5 million, an increase of 22% year-over-year compared with the first half of 2021. “IZEA saw a slowdown in new bookings in the latter portion of Q2 which impacted the outcome for the overall quarter,” said Ted Murphy, IZEA Founder and CEO....

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Volcon Receives Thousands of Pre-Orders for its Stag in First 14 Days; $70M+ of Potential Revenue

Volcon Receives Thousands of Pre-Orders for its Stag in First 14 Days; $70M+ of Potential Revenue With an MSRP of $39,999, dealers were required to submit purchase orders directly through Volcon’s sales representatives. The Company will continue to accept orders for 2023 model year production from dealers until sold out, at which point Volcon will accept waitlist orders.  Pre-orders of the Stag are non-binding and cancellable prior to delivery.Austin, Texas USA, July 11, 2022 (GLOBE NEWSWIRE) — Austin, TX | July 11, 2022: Volcon Inc. (NASDAQ: VLCN), (“Volcon” or the “Company”), the first all-electric, off-road powersports company, opened pre-production orders for its dealers beginning Monday, June 27th for its first all-wheel drive, fully electric UTV, the Stag. Since then, the Company has received thousands of non-binding...

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AvidXchange Launches End-to-End Purchase-to-Pay Integration for Acumatica

Company expands its invoicing and payment services to customers in Acumatica’s most popular industries CHARLOTTE, N.C., July 11, 2022 (GLOBE NEWSWIRE) — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced an application programming interface (API) integration for Acumatica that provides an automated, end-to-end purchase-to-pay (P2P) process via the combined TimberScan Titanium and AvidPay platform. This new offering allows AvidXchange to expand its vertical expertise and technology to customers in Acumatica’s most popular industries including construction, technical, business services, retail and manufacturing, that leverage its leading cloud enterprise resource planning (ERP) software. Now...

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MKS Instruments Announces Second Quarter 2022 Earnings Conference Call

ANDOVER, Mass., July 11, 2022 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced that the Company will release second quarter 2022 financial results after market close on Wednesday, July 27, 2022. A conference call with management will be held on Thursday, July 28, 2022 at 8:30 a.m. (Eastern Time). To participate in the call by phone, participants should register online by clicking here, where you will receive dial in details. We encourage participants to register and dial in to the conference call at least 15 minutes before the start of the call to ensure a timely connection. A live and archived webcast of the call will be available on the company’s website at www.mks.com.   About MKS Instruments MKS Instruments, Inc....

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EnWave Signs Technology and Evaluation License Option Agreement with Bounty Fresh Group in the Philippines

Bounty Fresh Group Bounty Fresh ProductsVANCOUVER, British Columbia, July 11, 2022 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V: ENW | FSE: E4U) (“EnWave”, or the “Company”) announced today that it has signed a Technology Evaluation and License Option Agreement (the “Agreement”) with New Plymouth Food Inc., a part of Bounty Fresh Group, and a leading producer of protein products in Southeast Asia. Bounty will lease a 10kW Radiant Energy Vacuum (“REV™”) dehydration machine for placement at their main processing facility in the Philippines. The 10kW machine will be utilized for the development of meat, cheese, and other nutritious snacks for the Philippine market and beyond. Bounty looks to capitalize on Southeast Asia’s growing snack sector by introducing healthier, better-for-you options as well as localized flavours...

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Sientra Wins Premier’s Horizon Award for 2022 for Exceptional Customer Service, Engagement, and Value Creation

SANTA BARBARA, Calif., July 11, 2022 (GLOBE NEWSWIRE) — Sientra, Inc. (NASDAQ: SIEN) (“Sientra” or the “Company”), a leading medical aesthetics company focused on enhancing lives by advancing the art of plastic surgery, was recently honored with the 2022 Supplier Horizon Award. Sientra was honored at the Annual Premier Breakthroughs Conference that took place from June 21-23, 2022, in National Harbor, Maryland. The award recognizes suppliers that demonstrate unwavering commitment to delivering top value products and services designed to continually improve patient care. The Horizon Award specifically recognizes suppliers — with less than three years of Premier tenure in a specific service line — that consistently support Premier members at the highest levels of partnership, customer service, value creation, clinical...

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Mullen Automotive Signs Binding Agreement with DelPack Logistics, LLC, an Amazon Delivery Services Partner, for Class 1 & 2 EV Cargo Vans

DelPack Logistics, LLC to place an order for up to 600 Mullen Class 2 EV cargo vans over the next 18 monthsDelPack Logistics LLC is an Amazon Delivery Service Partner DelPack will place a purchase order for up to 600 Mullen Class 2 Electric Cargo Vans over the next 18 months.BREA, Calif., July 11, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that it has signed a binding agreement with DelPack Logistics, LLC (“DPL”), an Amazon Delivery Service Partner, for DPL to purchase up to 600 Mullen Class 2 EV cargo vans over the next 18 months.  Conditions to the binding agreement between Mullen and DPL include the following:DPL will place a purchase order for up to 600 Mullen Class 2 Electric Cargo...

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