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Day: October 4, 2022

GBS Inc. Acquires Intelligent Fingerprinting Limited and its Proprietary Drugs of Abuse Screening Technology

The transaction further solidifies GBS’ leadership in non-invasive, real-time diagnostic testing with an expanded portfolio and geographical reach GBS’ global footprint includes operations in Australia, United Kingdom and the USNEW YORK, Oct. 04, 2022 (GLOBE NEWSWIRE) —  GBS Inc. (Nasdaq: GBS), a life sciences company developing non-invasive, real-time diagnostic testing for patients and their primary health practitioners at point of care, today announced it has acquired Intelligent Fingerprinting Limited (IFP), thus expanding the GBS platform of rapid, non-invasive diagnostic testing technologies. In addition, GBS announced it has begun the process of changing its corporate name. Intelligent Fingerprinting’s unique and proprietary drug screening system is an on-the-spot, 10-minute test that works by analyzing fingerprint sweat...

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Reborn Coffee Reports Second Quarter 2022 Financial Results

Completed $7.2 Million Upsized IPO and Commenced Trading on Nasdaq in Q3 2022 BREA, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) — Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, has reported its financial and operational results for the second quarter ended June 30, 2022.On August 16, 2022, the Company successfully completed its upsized initial public offering (the “IPO”), selling 1,440,000 shares at $5.00 per share. Net proceeds raised in Reborn’s IPO were $6.2 million, after deducting underwriting discounts and commissions. The Company’s common stock commenced trading on the Nasdaq Capital Market under the ticker symbol “REBN”. Four new company-owned retail locations are in development in Southern California. Revenue increased 63% to $0.8 million in Q2’22 compared...

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Huhtamaki launches innovative, recyclable ice cream packaging solution in the US, made with 95% renewable biobased material

Huhtamaki_ICON ice cream packaging HuhtamakiICON ice cream packagingHuhtamaki – Ann O’Hara Huhtamaki – Ann O’HaraHuhtamaki – Kevin Gunning Huhtamaki – Kevin GunningHUHTAMÄKI OYJ PRESS RELEASE 04.10.2022 AT 16.00 EEST Huhtamaki launches innovative, recyclable ice cream packaging solution in the US, made with 95% renewable biobased material Paper-based technology allows packaging to enter the North American paper recycling system easily. Connected Packaging QR code provides consumers with more information on sustainability.   Huhtamaki, a key global provider of sustainable packaging solutions, today launches ICON® packaging, a breakthrough paper technology, initially for use for ice cream containers and lids, which enables recycling in communities with paper product recycling programs across the...

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NIBE acquires German ELMESS-Klöpper Group

NIBE Group has acquired 100% of the shares of the German ELMESS-Klöpper Group a leading manufacturer in the field of electrical process heating.  ELMESS-Klöpper Group comprises the operating companies Klöpper-Therm GmbH & Co. KG i Dortmund, ELMESS-Thermosystemtechnik GmbH & Co. KG in Uelzen and the management company Klöpper GmbH & Co. KG in Dortmund. ELMESS-Klöpper Group is a European market leader in the field of electrical process heating.  Klöpper was founded in 1928 and Elmess in 1945. ELMESS-Klöpper Group develops, markets and manufactures solutions for both electrical processing heating and surface heating. Around 60% of the company’s production is sold in Germany, with 40% exported via a well-developed international distribution network that will also be important for NIBE Element going forward. ELMESS-Klöpper Group...

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Buyer Group International, Inc. Announces Installation of Year Round Security Cameras at Shambhala #71 Mine

SHERIDAN, Wyo., Oct. 04, 2022 (GLOBE NEWSWIRE) — Buyer Group International, Inc. (OTC PINK:BYRG) is pleased to inform shareholders that an advanced security camera system has been installed at and around Shambhala #71 to protect our growing investment. Previously Buyer Group relied on public webcams in Centennial which is risky, as they won’t show the snow cover or the roads up at elevation. These new cameras (Product Specifications) will be set up so we can see the actual access road and the Shambhala #71 mine year around in real time. This will grant us a better perspective on both extending the mining season or starting early the following year. These cameras will give us a wealth of information on Shambhala #71 and the other edges of the claims. Each camera works off solar power and cell service once again focusing on...

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Medical Marijuana, Inc. Enters Into Asset Purchase Agreement With MFINITY Global LLC; Appoints MFINITY President as Kannaway President

SAN DIEGO, CA, Oct. 04, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today that it has entered into an Asset Purchase Agreement with MFINITY Global LLC, a direct-selling organization focused on promoting natural health and a rewarding sales model. Additionally, Bill Andreoli, the President of MFINITY Global will become the President of Medical Marijuana, Inc. subsidiary, Kannaway, LLC.  The MFINITY product line features Muscadine, a powerful antioxidant that provides many wellness benefits. MFINITY products will be marketed and sold exclusively under the Kannaway brand and are now available for sale...

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Sigyn Therapeutics™ Strengthens Board of Directors With the Appointments of Richa Nand, Jim Dorst and Christopher Wetzel

– Independent Directors Bring Expertise in Intellectual Property, Finance, Healthcare Delivery, and More – SAN DIEGO, CA, Oct. 04, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Sigyn Therapeutics, Inc. (“Sigyn” or the “Company”) (OTCQB: SIGY), a development-stage company focused on creating therapeutic solutions to address unmet needs in global health, today announced the appointment of Richa Nand, B.S., J.D.; Jim Dorst, B.S., M.S.; and Christopher Wetzel, B.S., M.B.A. to its Board of Directors, effective October 10, 2022. “As we transition toward the next phase of our clinical endeavors, it is an opportune time to bolster our Board with the appointment of these three accomplished individuals, who bring forth a diverse set of expertise, yet each have experience with extracorporeal blood purification technologies,” stated...

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Clarus Board of Directors Approves Thrivent Asset Management, a Top Shareholder, to Increase Its Position to up to 9.9% of Shares Outstanding

SALT LAKE CITY, Oct. 04, 2022 (GLOBE NEWSWIRE) — The board of directors for Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, has approved Thrivent Asset Management, LLC (“Thrivent”) to be permitted under the Company’s Rights Agreement, dated as of February 12, 2008, to increase its beneficial ownership in Clarus to up to an aggregate of 9.9% of the Company’s outstanding shares of common stock. Thrivent has beneficial ownership of 1,533,554 shares of the Company’s common stock, as publicly disclosed by Thrivent in the Schedule 13F for the quarter ended June 30, 2022, filed by it with the Securities and Exchange Commission on August 16, 2022, which represents approximately 4.1% of the Company’s outstanding shares of common stock. The Company’s...

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STEMTECH CORPORATION INVITED TO PRESENT AT ROTH CAPITAL HEALTHCARE OPPORTUNITIES CONFERENCE IN NEW YORK CITY

MIRAMAR, FL, Oct. 04, 2022 (GLOBE NEWSWIRE) — Stemtech Corporation (“Stemtech”) (OTCQB: STEK), an innovative nutraceutical company and a pioneer in the field of stem cell nutrition, today that it was invited to present at the Roth Capital Healthcare Opportunities Conference in New York City on October 6. Stemtech Corporation CEO Charles S. Arnold says that “it is an honor for Stemtech to be invited to present at such a prestigious forum as the Roth Capital Partners event. The conference is focused on healthcare companies in Biotechnology and Pharmaceuticals. Stemtech Corporation is the pioneer in stem cell nutrition, with focus on immune system boosting stemceuticals™ addressing anti-aging, longevity and improving quality of life products, health and wellness since its founding in 2005.” Mr. Arnold continues to say that “Stemtech’s...

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Sprout Social Launches More Integrated Employee Advocacy Solution to Accelerate Brands’ Social Strategies and Reach

Employee Advocacy by Sprout Social enables users to manage both social media and employee advocacy in one place CHICAGO, Oct. 04, 2022 (GLOBE NEWSWIRE) — Today, Sprout Social announced the launch of its rebranded advocacy solution, Employee Advocacy by Sprout Social. With this solution, users can create and publish their employee-driven amplification efforts from Sprout’s comprehensive social suite. Today’s social media climate comes with a new set of challenges to solve, from algorithmic shifts to increasingly crowded feeds. To overcome those challenges, brands are leveraging the social media influence of their own employees—​​more than two-thirds (68%) of marketers report that their organizations have an advocacy program for social. Marketers note using these programs to increase brand awareness and garner more qualified leads,...

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