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Day: December 6, 2022

The Victory Bank Announces The Victory Bank Foundation

LIMERICK, Pa., Dec. 06, 2022 (GLOBE NEWSWIRE) — The Victory Bank is pleased to announce the launch of The Victory Bank Foundation. Joseph Major, Bank CEO, President, and Bank Leader, is passionate about developing a synergy between the Bank, its employees, clients, and communities where everyone could work together to provide resources that would create positive change and support. Through many hurdles and plenty of paperwork, the Foundation was formed and introduced during the Bank’s Health & Wellness kickoff in June. They designated June 20th as “Graver Greater Giving Day” to pay tribute to the late Richard Graver, the Bank’s previous Chief Lending Officer, who passed away last year. Rich always supported the idea of having a foundation to bring people together to help the community. The Foundation’s mission: Be a steward...

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Renewable Innovations (NBLD) Offers Mobile Power Generator (MPG) Systems and Will Use General Motors (GM) gen2 Hydrogen Fuel Cells

– 2022 purchase orders for hydrogen powered products has increased significantly over 2021 Lindon, Utah, Dec. 06, 2022 (GLOBE NEWSWIRE) — Renewable Innovations (RI) (OTC: NBLD) has received purchase orders from Fortune 50 Companies for its MPG (Mobile Power Generator) and for other hydrogen-related projects. Hydrogen fuel cells could offer a fully renewable and clean power source for stationary and mobile applications in the near future. General Motors will be supplying HYDROTEC Gen2 fuel cells and lithium-ion batteries to Renewable Innovations for installation in these first units. This product will be utilized for several demonstrations and commercial applications including programs with both the Michigan Economic Development Corporation (MEDC), the US Military and State Energy Commissions. “GM is supplying HYDROTEC fuel...

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Professional Diversity Network, Inc. Announces Launch of Alpha Phi Alpha Fraternity, Inc. Job Board

CHICAGO, Dec. 06, 2022 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ: IPDN), (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced its launch of the Alpha Phi Alpha Fraternity, Inc. (APA) job board https://apajobs.com/, a fully integrated job board located on APA’s website. Alpha Phi Alpha is the largest historically black fraternity. PDN, one of the largest diverse professional networks in the nation, collaborated with Alpha Phi Alpha to launch an easy-to-access job board at the APA website for their over 85,000 current alumni members. “The Alpha Phi Alpha Fraternity, Inc. is excited to announce the launch of its fully integrated job board in collaboration...

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Verizon brings high-speed fiber internet to more Massachusetts customers

Verizon Home Internet expands Fios footprint across the Commonwealth, including in Worcester, Brockton and Lowell, among other communities WORCESTER, Mass., Dec. 06, 2022 (GLOBE NEWSWIRE) — As part of its continued investment in Massachusetts, Verizon is bringing high-speed fiber internet to customers across the state, including Worcester, Brockton, Lowell, Everett, Milton, Newburyport and Plainville. The latest Verizon Home Internet expansion is expected to make Verizon’s 100% fiber optic network available to over 70,000 additional homes and businesses in the Bay State. “Verizon is focused on delivering broadband internet service, and the major economic benefits associated with it, to the people of Massachusetts,” said Kevin Service, Senior Vice President of Wireline Network Operations for Verizon. “From Fios to 5G Home,...

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EnWave Signs Technology Evaluation and License Option Agreement with Major North American Egg Processing Company

VANCOUVER, British Columbia, Dec. 06, 2022 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave,” or the “Company”) today announced that the Company has signed a Technology Evaluation and License Option Agreement (the “Agreement”) with one of the largest foodservice suppliers of egg products in the United States (“Partner”). During the term of the Agreement, the Partner will lease a pilot-scale vacuum-microwave machine to facilitate in-house product development, with a focus on shelf-stable meals, snacks and functional ingredients. EnWave will collaborate with the Partner to ensure best practices developed over two decades of commercial vacuum-microwave experience are used during this new product development program. The Agreement also provides the Partner with the right to license EnWave’s proprietary vacuum-microwave...

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Global Fall Protection Equipment Market to Hit Revenue of $4.36 Billion by 2028 | 3M and Honeywell to Dominate Market

Global fall protection equipment market is valued at USD 2.61 billion in 2021, and it is anticipated to attain a value of USD 4.36 billion by 2028, at a CAGR of 6.1% over the prediction period (2022–2028). Westford, USA, Dec. 06, 2022 (GLOBE NEWSWIRE) — Global fall protection equipment market is expected to grow significantly in the next few years. This growth is driven by the increasing number of regulations and standards that require the use of fall protection equipment, as well as the growing awareness of the importance of safety in the workplace.   In terms of new regulations, the most notable recent development has been the introduction of a mandatory requirement for fall arrest systems in construction workplaces in the European Union. This regulation is expected to have a positive impact on the industry as a whole, as it...

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Global Magnesium Market to Worth $6.36 Billion by 2028 | China Produces 80% of Magnesium | SkyQuest Technology

Global magnesium market was valued at USD 4.37 billion in 2021, and the market size is estimated to reach USD 6.36 billion by 2028, at a CAGR of 5.50% over the forecast period (2022-2028). Westford, USA, Dec. 06, 2022 (GLOBE NEWSWIRE) — SkyQuest’s report on the magnesium market highlights the potential for growth in this sector. The report notes that, while magnesium production has traditionally been concentrated in China, there is increasing interest in developing magnesium deposits in other countries. This is due to the growing demand for magnesium-based products, particularly in the automotive and aerospace industries.  It is the lightest structural metal known, making it ideal for use in aviation and aerospace applications. Additionally, magnesium has a high strength-to-weight ratio, making it ideal for use in automotive...

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Vitru Announces Closing of Crescera Option

FLORIANÓPOLIS, Brazil, Dec. 06, 2022 (GLOBE NEWSWIRE) — Vitru Limited (Nasdaq: VTRU) (“Vitru”) today announced the closing of the rights offering shortfall option by Crescera pursuant to the investment agreement (as amended, restated, supplemented or otherwise modified in accordance with the terms thereof, the “Investment Agreement”) entered into on September 27, 2022 with Crescera Growth Capital Master V Fundo de Investimento em Participações Multiestratégia and Crescera Growth Capital V Coinvestimento III Fundo de Investimento em Participações Multiestratégia (collectively, “Crescera”). As a result of the exercise of the option, Crescera has subscribed for 215,903 new common shares issued by Vitru (which, upon issuance, amount to approximately 0.6% of Vitru’s outstanding common shares) for a total consideration of US$3,458,766...

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Orbit International Corp. Reports Consolidated Bookings of Approximately $3,700,000 in November 2022

Both Electronics and Power Group Again Report Firm Booking Months Consolidated Bookings During Current Quarter Reach Approximately $8,700,000 HAUPPAUGE, N.Y., Dec. 06, 2022 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for the month of November 2022 were approximately $3,700,000. Deliveries for some of these orders have already commenced and are expected to continue through the first quarter of 2024. Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report that our consolidated bookings for the month of November were approximately $3,700,000. This firm booking month comes on the heels of orders received in excess of $5,000,000 for the month of October, representing our strongest...

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Global Backpack Market to Touch Sales of $25.8 Billion by 2028 | Premiumization is at Its Peak in Market | SkyQuest Technology

Global backpack market was valued at USD 19.2 billion in 2021, and it is expected to reach a value of USD 25.8 billion by 2028, at a CAGR of more than 6.4% over the forecast period (2022-2028). Westford, USA, Dec. 06, 2022 (GLOBE NEWSWIRE) — Global backpack market has been growing steadily for the past few years. However, SkyQuest’s analysis shows that there is scope for further growth. The main reason for this is the rising popularity of outdoor activities such as hiking and camping. The analysis shows that there are three main groups of backpackers: occasional, regular and hardcore. The occasional backpacker is the most common, accounting for 55% of all backpackers. They typically go on one or two trips per year and their main motivation is convenience. Regular backpackers make up 30% of all backpacker market and are more...

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