Day: August 2, 2022

WICHITA, Kan., Aug. 02, 2022 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry-leading provider of full-stack drone, sensor and software solutions for commercial and government/defense use, today announced that pursuant to certain waiver agreements dated as of July 22, 2022, the Company has made final holdback payments in full satisfaction of its payment obligations for the 2021 acquisitions of MicaSense, senseFly, SA and senseFly, Inc. in an effort to strengthen its balance sheet and properly position the Company for strategic growth opportunities. Commenting on the debt negotiation, Barrett Mooney, Chairman and CEO said, “Thanks to our institutional shareholders who have continued to support our capital raising efforts, and in light of the tightening capital markets,...

IRVINE, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) — Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its acquisition of Oaks at Olde Towne in Gaithersburg, Montgomery County, Md. Within 40 minutes of the District of Columbia, The Oaks at Olde Towne is one four-story building of 72 units of affordable housing for seniors. The unit mix includes 47 one-bedroom units and 25 two-bedroom units. Affordable set-asides for the property include 98% of the units at 50% area median income (AMI). The project is 98.6% occupied (as of September 21, 2021) and includes a leasing office, business center, library, fitness room, television room and four laundry rooms. Parking consists of 22 open spaces with an additional 14 open...

Lead by CEO Christopher Bretschger, the newly rebranded Bastion Amplify offers expertise in P.R., media buying, design, social media and experiential marketing ORANGE COUNTY, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) — In a move designed to provide the highest level of customer service, two leading Southern California-based marketing companies, Bastion Elevate and IMW Agency, have merged to create a new type of full-service firm that provides clients with a broad spectrum of services all managed under one roof with a single point of contact. The combined entity, rebranded as Bastion Amplify, will be headed by CEO Chris Bretschger, the former president of IMW Agency. Former Bastion Elevate president, Shana Starr, will serve as president of Bastion Amplify. The terms of the deal were not disclosed. “It is a tremendous honor to take...

TORONTO and GATINEAU, Quebec, Aug. 02, 2022 (GLOBE NEWSWIRE) — Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce the closing of its previously signed acquisition of PC Specialists, Inc. d/b/a Technology Integration Group (“TIG”). Converge announced the signing of the acquisition of TIG on May 19, 2022. Headquartered in San Diego, CA with 20 offices across North America, TIG specializes in optimized performance solutions and critical business support. From software and hardware procurement to discovery assessments, strategic planning, deployment, data center optimization, IT asset management and cloud computing, TIG offers custom-built IT solutions for clients around the globe, with a major presence in...

The acquisition of the Equinix NY8 facility brings additional datacenter capacity and cost-effective access to a broad carrier ecosystem in New York City60 Hudson Street, New York City A global interconnection hubNEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) — NYI, a leading provider of hybrid infrastructure solutions and managed services, has expanded its 60 Hudson Street operations through the addition of space formerly occupied by Equinix. The expansion is the result of a joint venture with QTD Systems, who acquired the Equinix space in a transaction that closed on August 1, 2022. With this integration, NYI doubles its datacenter footprint and immediately expands the carrier ecosystem available to customers. The expansion also includes significant additional conduit infrastructure and access to POE’s which will provide for unmatched...