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Day: September 6, 2022

Global Smart Label Market to Generate Revenue of $21.04 Billion by 2028 | By 2050, Over 60% Food Products will be Smart Labelled

Global smart label market was valued at USD 10.56 billion in 2021, and it is expected to reach a value of USD 21.04 billion by 2028, at a CAGR of 10.36 % over the forecast period (2022–2028). Westford, USA, Sept. 06, 2022 (GLOBE NEWSWIRE) — As the world moves towards a more digital age, many companies in the global smart label market are starting to adopt standardized ‘smart labels’ for their products. A smart label uses embedded technology like RFID, NFC, and QR Code, among others to communicate specific information about the product. This information can include the manufacturing country of origin, ingredients, nutritional values, expiry and more. The benefits of using smart labels are manifold. For one, they allow consumers to make more informed choices about what they buy. This can help reduce environmental waste and improve...

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Phillips Edison & Company Increases Monthly Distribution Rate by 3.7% to $0.0933 Per Share

CINCINNATI, Sept. 06, 2022 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored omni-channel neighborhood shopping centers, today announced that its Board of Directors (the “Board”) approved a 3.7% increase to the monthly distributions payable October 3, 2022 and November 1, 2022 to stockholders of record at the close of business on September 16, 2022 and October 17, 2022, respectively. The Board approved the distribution at a rate of $0.0933 per share of the Company’s common stock and per operating partnership unit. When annualized, this is equal to a rate of $1.12 per share, representing an increase of 3.7% over the previous annualized rate of $1.08 per share. “The strength of our operating fundamentals and growth...

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Vericel to Present at the Morgan Stanley Global Healthcare and H.C. Wainwright Global Investment Conferences

CAMBRIDGE, Mass., Sept. 06, 2022 (GLOBE NEWSWIRE) — Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Company leadership will present at the upcoming Morgan Stanley and H.C. Wainwright investor conferences. Nick Colangelo, President and CEO, and Joe Mara, CFO will participate in a fireside chat at the Morgan Stanley 20th Annual Global Healthcare Conference at 8:00 a.m. ET on Tuesday, September 13, 2022. On Wednesday, September 14, 2022, Mr. Mara will engage in a fireside chat at 9:00 a.m. ET at the H.C. Wainwright 24th Annual Global Investment Conference. Webcasts of both presentations will be available on the Investor Relations section of the Vericel Corporation website at: http://investors.vcel.com. About Vericel Corporation Vericel is...

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Galecto to Participate at H.C. Wainwright 24th Annual Global Investment Conference

BOSTON, Sept. 06, 2022 (GLOBE NEWSWIRE) — Galecto, Inc. (NASDAQ: GLTO), a clinical stage biotechnology company focused on the development of novel treatments for fibrosis and cancer, today announced that management will be participating at the upcoming H.C. Wainwright’s 24th Annual Global Investment Conference taking place on September 12-14, 2022. Details for the event are as follows:H.C. Wainwright 24th Annual Global Investment ConferenceDate:   September 12-14, 2022Webcast:   Click HEREManagement will be available for virtual 1×1 meetings with investors. Please contact your H.C. Wainwright representative to request a meeting. A replay of the webcast presentation will be available in the Investor section of Galecto’s website at https://ir.galecto.com/news-and-events/events. About GalectoGalecto is a clinical...

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Asia Pacific Wire & Cable Corporation Limited Reports Second Quarter 2022 Financial Results

TAIPEI, Taiwan, Sept. 06, 2022 (GLOBE NEWSWIRE) — Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (“APWC” or the “Company”), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced the Company’s financial results for the six months ended June 30, 2022. Unless otherwise indicated, all data are reported in U.S. Dollars at the exchange rate prevailing on the date of the event or result reported.First Six Months 2022 Financial Results (Ended June 30, 2022), and 2021 comparative results   First 6 Months 2022 First 6 Months 2021 CHANGERevenues $ 207.4 million $ 225.3 million (8.0)%  Operating Profit/(Loss) $ 1.8 million $ 5.0 million (63.4)%  Net Income/(Loss) $ (0.3) million $ (0.1)...

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Medigus: Eventer Achieved Record Revenues increase of 211% Year-Over-Year to Approximately $1.4 Million in The First Half of 2022

Eventer’s turnover from tickets sales for the first half of 2022 amounted to approx. $35 million an increase of approx. 307% compared to the first half of 2021 Tel Aviv, Israel, Sept. 06, 2022 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today that its 46.21% owned subsidiary, Eventer Technologies Ltd. (“Eventer”), a developer of technology platform enabling producers and venues to create virtual conferences and events including a smart ticketing solution, achieved record high financial results for the first six months of 2022. Eventer’s first half of 2022 highlights:Eventer’s overall turnover from ticket sales for the first half of 2022 amounted...

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Global Diversified Marketing Group Acquires the Hula Fit Ecommerce Assets

Acquiring new ecommerce assets will enable the company to accelerate growth via diversification in various verticals ISLAND PARK, N.Y., Sept. 06, 2022 (GLOBE NEWSWIRE) — Global Diversified Marketing Group Inc., a Delaware corporation (the “Company”; OTC: GDMK) is pleased to announce that it has acquired The Hula Fit ecommerce site which sells fitness equipment and athletic apparel. The Hula Fit utilizes a business model where stocking inventory in our warehouse is not required and where orders are drop shipped directly to customers. The acquisition was unanimously approved by the company’s independent board of directors. “The Hula Fit utilizes a dropship model where inventory will not be stocked and will be efficient in managing its assets. We are very excited by adding additional asset to our already multifaceted business and...

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Shawcor Sells its Lake Superior Consulting Business

TORONTO, Sept. 06, 2022 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) announced that it has sold its Lake Superior Consulting (“LSC”) operating unit to a private investment group, including members of LSC management, in a transaction generating approximately C$8 million in gross proceeds. The LSC business, reported within the Company’s Pipeline and Pipe Services (“PPS”) segment, offers engineering, consulting and field inspection services to the US onshore pipeline and broader energy infrastructure markets. It generated revenue of approximately C$59 million with neutral adjusted EBITDA during the full year of 2021 and generated revenue of approximately C$26 million with an adjusted EBITDA loss of C$1 million during the first half of 2022. Proceeds from the sale will be used to reduce the Company’s existing...

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Tactile Medical to Participate in the Morgan Stanley 20th Annual Global Healthcare Conference

MINNEAPOLIS, Sept. 06, 2022 (GLOBE NEWSWIRE) — Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment of patients with underserved chronic diseases at home, today announced that management will participate in the Morgan Stanley 20th Annual Global Healthcare Conference, which is being held at the Sheraton New York Times Square Hotel in New York, NY from September 12th-14th. Management will participate in a fireside chat on Tuesday, September 13th at 11:10 a.m. Eastern Time. A live audio webcast of the presentation will be accessible under the “Events & Webcasts” section of the Company’s investor relations website at http://investors.tactilemedical.com. An archive of the webcast will be available for replay following the conference. About Tactile...

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Ocugen, Inc. to Present at H.C. Wainwright 24th Annual Global Investment Conference

MALVERN, Pa., Sept. 06, 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, announced that Dr. Shankar Musunuri, Chairman, Chief Executive Officer and Co-Founder of Ocugen, will participate in an in-person fireside chat at the H.C. Wainwright 24th Annual Global Investment Conference being held September 12-14, 2022 in New York, NY. Details regarding Dr. Musunuri’s fireside chat are as follows:Event: H.C. Wainwright 24th Annual Global Investment ConferenceDate: September 12, 2022Time: 3:30 – 4:00 p.m. ETLocation: Lotte New York Palace HotelWebcast: Live Fireside ChatA live video webcast beginning at 3:30 p.m. ET on the day of the presentation will be available...

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