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Day: September 1, 2022

VSBLTY FORGES ALLIANCE WITH THE AL JABR GROUP TO BRING COMPUTER VISION & AI SECURITY SOLUTIONS TO THE MIDDLE EAST

PARTIES SIGN LOI AND COMMIT TO JOINT VENTURE CONTRACT WITHIN 60 DAYS Philadelphia PA, Sept. 01, 2022 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of security and retail analytics technology, today announced it has formed an alliance with the Al Jabr Group to bring digital out-of-home solutions and the Store as a Medium (SaaM) concept to retail outlets, the oil & gas industry and smart cities in five middle east countries. A family-owned multi-dimensional company with more than 6,000 employees in the region, Al Jabr already has invested USD$1.6 million in VSBLTY to date. The agreement calls for VSBLTY to provide advanced artificial intelligence (AI) technology for all deployments, while Al Jabr will be responsible for developing contracts...

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Brady Corporation Reports Record EPS in its Fiscal 2022 Fourth Quarter and Announces its Fiscal 2023 EPS Guidance

Sales for the quarter increased 5.8 percent. Organic sales increased 9.0 percent. Gross profit margin increased to 50.4 percent in the fourth quarter of F’22 compared to 48.2 percent in the fourth quarter of F’21. Diluted EPS increased 52.8 percent to an all-time high of $0.81 in the fourth quarter of fiscal 2022 compared to $0.53 in the same quarter of the prior year. Diluted EPS Excluding Certain Items* increased 16.0 percent to an all-time record high of $0.87 in the fourth quarter of fiscal 2022 compared to $0.75 in the same quarter of the prior year. During the quarter and year ended July 31, 2022, we returned $35.5 million and $155.2 million, respectively, to our shareholders in the form of dividends and share repurchases. Diluted EPS guidance for the year ending July 31, 2023 was announced at a range of $3.13 to $3.43 on a GAAP...

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Nano Dimension’s Q2/2022 Revenues: $11.1 Million, 1,268% Increase over Q2/2021

H1/2022 Revenue was $21.5 million, 1,227% increase over H1/2021 Conference call to be held today at 9:00 a.m. EDT WALTHAM, Mass., Sept. 01, 2022 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional metal & ceramic Additive Manufacturing (“AM”) 3D printers, today announced financial results for the second quarter ended June 30th, 2022.  Nano Dimension reported revenues of $11.1 million for the second quarter of 2022, an increase of 1,268% over the same quarter in 2021. Revenues for the six months period ended June 30th, 2022, were $21.5 million, which represent a 1,227% increase over the six months period ended June 30th, 2021. Revenues for Q2/2022 were 6% over Q1/2022.  The Company ended the quarter...

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Ocugen Appoints Robert J. Hopkins, MD, MPH & TM, FACP, FIDSA, as Chief Medical Officer and Promotes Arun Upadhyay, PhD, to Chief Scientific Officer

MALVERN, Pa., Sept. 01, 2022 (GLOBE NEWSWIRE) — Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies and vaccines, today announced the appointment of Robert J. Hopkins, MD, MPH & TM, FACP, FIDSA, as Chief Medical Officer. Arun Upadhyay, PhD, previously Senior Vice President, Research & Development, will now serve as the Company’s Chief Scientific Officer, overseeing the development and manufacturing of Ocugen’s clinical and commercial product portfolio and evaluating new technologies. “We are extremely pleased to have Dr. Hopkins driving our clinical programs as his expertise across the industry along with his work at the U.S. Food and Drug Administration, and the Biomedical Advanced Research and Development Authority...

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TILT Holdings to Participate in Benzinga Cannabis Capital Conference

PHOENIX, Sept. 01, 2022 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today that Chief Executive Officer Gary Santo will be speaking at the Benzinga Cannabis Capital Conference in Chicago, Sept. 13-14, 2022. Santo will be joined by Jennifer Fisher of Goodwin, Khadijah Tribble of Curaleaf, and Jill Scher of Marcum LLP on Wednesday, Sept. 14 at 10:50 CDST on the Industry Stage to discuss, “Giving Back: The Opportunity in Responsibility.” Additionally, TILT will host one-on-one meetings with investors. TILT is a finalist for two Benzinga Cannabis Awards: Best Cannabis Partnership for its work with the Shinnecock Indian Nation...

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GBT is Implementing Machine Learning Driven, Pattern Matching Technology for its Epsilon, Mi-crochip Reliability Verification and Correction EDA Tool

SAN DIEGO, Sept. 01, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), is implementing a machine learning driven, pattern matching technology within its Epsilon, microchip’s reliability verification and correction Electronic Design Automation (EDA) tool. Design rules are getting increasingly complex with each new process node and design firms are facing new challenges in the physical verification domain. One of the major areas that are affected by the process physics, is reliability Verification (RV). Microchips are major components nearly in every major electronics application. Civil, military and space exploration industries require reliable operations for many years, and in severe environments. High performance computing systems require advanced processing with high reliability to...

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Bilia expands the service business in northern Sweden

Bilia has reached an agreement to acquire another service business, Holmgrens Truck-Motor AB, in Gällivare. The company conducts repair and customization of construction equipment as well as service of trucks. The acquisition is effectuated as of today, September 1, 2022. Holmgrens Truck-Motor AB reported a turnover of approximately SEK 25 M for 2021 and currently has 17 employees. Two of the sellers, Malin Paulusson and Emil Nyström, will continue to work in the business and will going forward own 20 percent of the shares in the company. Per Avander, Bilia’s MD and CEO, comments:“Through the acquisition of Holmgrens Truck-Motor AB, we continue to expand Bilia’s operations in northern Sweden. This enables us to develop our truck operations for Mercedes-Benz in the important and fast-growing Gällivare and Kiruna region.” Malin...

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Investigation of Potential Copper Porphyry Systems now Underway at First Tellurium’s Deer Horn Property

Vancouver, BC, Canada, Sept. 01, 2022 (GLOBE NEWSWIRE) — First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) (the “Company” or “First Tellurium”), reports that, further to the Company’s August 23 news release, work is now underway to investigate potential copper porphyry systems at the Company’s Deer Horn Project in west-central British Columbia. The program, led by Dr. Lee Groat of the University of British Columbia, is following up on three copper showings first discovered at Deer Horn in 2012. The Company’s latest PEA noted that these showings were indicative of a copper porphyry system hidden from previous explorers due to glaciation. “We’re very pleased to have Dr. Groat lead this work,” said First Tellurium CEO Tyrone Docherty. “He knows the property well, and he has long supported the premise that Deer Horn could host at least...

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Aton announces new discovery at the West Garida prospect, drilling 41 g/t Au and 263 g/t Ag

Figure 1: Geology plan of the Abu Marawat Concession, showing the location of the West Garida prospect Figure 1: Geology plan of the Abu Marawat Concession, showing the location of the West Garida prospectFigure 2: Drill hole collar plan of the West Garida area Figure 2: Drill hole collar plan of the West Garida areaVANCOUVER, British Columbia, Sept. 01, 2022 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company”) is pleased to update investors on drilling results from the West Garida prospect, located in the Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”), in the Eastern Desert of Egypt. Highlights:5 percussion RC holes were drilled at the West Garida prospect, testing the down dip extensions of mineralised quartz veins mapped at surface; All 5 holes intersected...

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The Lovesac Company Announces Second Quarter Conference Call Date

STAMFORD, Conn., Sept. 01, 2022 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) today announced that its financial results for the second quarter will be released before market open on Thursday, September 8, 2022. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-3982 (international callers please dial 201-493-6780) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at investor.lovesac.com. A recorded replay of the conference call will be available within two hours of the conclusion of the call and can be accessed online at investor.lovesac.com for 90 days. About The Lovesac Company Based in Stamford, Connecticut,...

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