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Day: December 20, 2022

Gilat and Intelsat Expand Their Strategic IFC Partnership with Multimillion-Dollar Agreements for the Americas

New hub expansions in the USA and Brazil to support in-flight connectivity growth in the Western HemisphereSTRATEGIC IFC PARTNERSHIP WITH INTELSAT EXPANDED Supporting even higher level of in-flight connectivity in the Western HemispherePETAH TIKVA, Israel, Dec. 20, 2022 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the company and Intelsat are expanding their strategic partnership with multimillion-dollar agreements to increase in-flight connectivity (IFC) in the Americas. Gilat hubs deployed in the USA and Brazil will be expanded to support increased network capacity to address growing bandwidth demands on Intelsat’s IFC network in the Western Hemisphere. Gilat’s solution is already proven worldwide...

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SPYR, Inc. Enters into Settlement Canceling 36,272,684 Common Shares

THE WOODLANDS, Texas, Dec. 20, 2022 (GLOBE NEWSWIRE) — SPYR, INC. (OTCQB: SPYR), a diversified technology company developing products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries, today announced its entry into a settlement agreement and release with Berkshire Capital Management Co., Inc. and Joseph Fiore resulting in the cancelation of a total of 36,272,684 common shares. Berkshire agreed to cancel 33,831,508 common shares and Fiore agreed to cancel 2,441,176 in exchange for a release of claims of outstanding legal claims between the parties. “I am pleased to report the cancelation of these shares representing over 10% of our current issued and outstanding shares,” stated, Timothy Matula, Chief Executive Officer, SPYR, Inc. “The Company entered into this agreement to resolve...

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With 14.3% CAGR, Web Conferencing Market Worth USD 10.46 billion by 2027

According to Fortune Business Insights, the global web conferencing market size is projected to reach USD 10.46 billion by 2027, at a CAGR of 14.3% during the forecast period, 2020-2027 Pune, India, Dec. 20, 2022 (GLOBE NEWSWIRE) — The global web conferencing market size was worth USD 3.62 billion in 2019. It is projected to reach USD 10.46 billion by 2027, exhibiting a CAGR of 14.3% during the forecast period, 2020-2027. Increasing Product Use in Covid-19 Pandemic to Aid Growth. Fortune Business Insights™ has published this information in its latest research report titled, “Web Conferencing Market Forecast, 2022-2027.” Industry Developments: Glance Network Inc. announced availability of Glance Mobile App Sharing. The product is an omnichannel visual engagement platform.Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/web-conference-software-market-102993Report...

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With 18% CAGR, Web Hosting Services Market to be Worth USD 267.10 Billion in 2028

According to Fortune Business Insights, the global web hosting services market size is projected to reach USD 267.10 billion in 2028, at a CAGR of 18% during the forecast period, 2021-2028 Pune, India, Dec. 20, 2022 (GLOBE NEWSWIRE) — The global web hosting services market size was valued at USD 75.03 billion in 2020. The market is expected to grow from USD 83.99 billion in 2021 to USD 267.10 billion by 2028, exhibiting a CAGR of 18% during the forecast period. The growth predicted is backed by the surging investment by prime players to develop web solutions across the industries, such as BFSI, manufacturing, healthcare, and others. Fortune Business Insights™ mentions this information in its report titled “Web Hosting Services Market Forecast, 2022-2028.” Key Industry Developments: Twitter inked a new agreement with Amazon...

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Treasure Global Reports First Quarter Fiscal Year 2023 Results

—Total Revenues of $15.6 Million For Q1 2023 Launched Innovative Digital Food & Beverage Management System, TAZTE, Set To Modernize The F&B Industry Over 2.3 Million Registered Users Reached On ZCITY As Of November 30, 2022 — NEW YORK and KUALA LUMPUR, Malaysia, Dec. 20, 2022 (GLOBE NEWSWIRE) — Treasure Global Inc (NASDAQ: TGL) (“TGI” or the “Company”), an innovative e-commerce platform providing seamless payment solutions and rewards programs, today reported its financial results for the first quarter of the fiscal year 2023 ended September 30, 2022. “A key milestone of the first quarter was the successful completion of our initial public offering raising gross proceeds of $9.2 million, and listing on the Nasdaq Capital Market under ‘TGL’,” commented Sam Teo, Chief Executive Officer of TGI. “During the...

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embecta Announces Quarterly Cash Dividend

PARSIPPANY, N.J., Dec. 20, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Embecta Corp. (“embecta”) (NASDAQ: EMBC) have declared a quarterly cash dividend of $0.15 for each issued and outstanding share of the Company’s common stock. The dividend is payable on January 11, 2023 to stockholders of record at the close of business on December 30, 2022. About embecta embecta, formerly part of BD (Becton, Dickinson and Company), is one of the largest pure-play diabetes care companies in the world, leveraging its nearly 100-year legacy in insulin delivery to empower people with diabetes to live their best life through innovative solutions, partnerships and the passion of more than 2,000 employees around the globe. For more information, visit embecta.com. CONTACTS Investors: Pravesh Khandelwal VP, Head of Investor Relations 551-264-6547...

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Embecta Corp. Reports Fiscal 2022 Fourth Quarter and Full Year Financial Results

PARSIPPANY, N.J., Dec. 20, 2022 (GLOBE NEWSWIRE) — Embecta Corp. (“embecta”) (Nasdaq: EMBC), one of the largest pure-play diabetes care companies in the world, today reported financial results for the three and twelve month periods ended September 30, 2022. “2022 was a milestone year for embecta, our first as a public company,” said Devdatt “Dev” Kurdikar, Chief Executive Officer of embecta. “We are very proud of our colleagues around the world, whose perseverance, collaboration, and focus led to this performance notwithstanding a dynamic and challenging macro environment. Despite incremental headwinds from foreign exchange and inflation, our fourth quarter and second half of fiscal year 2022 results exceeded our guidance and advanced our mission to develop and provide solutions that make life better for people living with diabetes....

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Logiq Expects Q4 2022 DataLogiq Revenue to Exceed $7.5 Million, up 83% sequentially and 9% Over the Same Year-ago Quarter

NEW YORK, Dec. 20, 2022 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ, NEO: LGIQ), a provider of digital consumer acquisition solutions, expects its DataLogiq business revenues for the fourth quarter ending December 31, 2022 to exceed $7.5 million, up more than 83% sequentially and up more than 9% over the same year-ago quarter. “Over the course of the year, we completed a challenging restructuring plan designed to position the company for growth, organically and through acquisition,” stated Logiq CEO, Brent Suen. “By late November, we began to see strong traction in our DataLogiq business that has now put us on course for a great finish to the year, and with our annualized revenue run-rate now at about $40 million. “For 2023, we anticipate further transformational events will support an up listing to a major exchange, as well as...

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Smart Share Global Limited Announces Third Quarter 2022 Results

Number of POIs1 reached 956 thousand as of the end of the third quarter of 2022POIs operated through network partner model reached 47.4% as of the end of the third quarter of 2022 SHANGHAI, China, Dec. 20, 2022 (GLOBE NEWSWIRE) — Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended September 30, 2022. HIGHLIGHTS FOR THE THIRD QUARTER OF 2022As of September 30, 2022, the Company’s services were available in 956 thousand POIs, compared with 895 thousand as of June 30, 2022. As of September 30, 2022, 47.4% of POIs were operated through our network partner model, compared with 43.2% as of June 30, 2022. As of September 30, 2022, the Company’s available-for-use power banks2...

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BG Energy – Notice of Adjourned Meeting (2029 Notes)

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. IF ANY NOTEHOLDER IS IN ANY DOUBT AS TO THE ACTION IT SHOULD TAKE OR IS UNSURE OF THE IMPACT OF THE IMPLEMENTATION OF THE EXTRAORDINARY RESOLUTION SET OUT IN THE NOTICE OF ADJOURNED MEETING (AS DEFINED BELOW), IT SHOULD SEEK ITS OWN FINANCIAL AND LEGAL ADVICE, INCLUDING IN RESPECT OF ANY TAX CONSEQUENCES, IMMEDIATELY FROM ITS BROKER, BANK MANAGER, SOLICITOR, ACCOUNTANT OR OTHER INDEPENDENT FINANCIAL, TAX OR LEGAL ADVISER. BG ENERGY CAPITAL PLC(incorporated with limited liability in England and Wales, with registered number 4222391;LEI Number: S2M8QDKEE05NZN8JD460) (the “Issuer”) NOTICE to the holders of its outstanding €800,000,000 2.250 per cent. Fixed Rate Notes due 21 November 2029 guaranteed by BG Energy Holdings Limited (the “Existing Guarantor”) (the...

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