Month: January 2023

Visteon and Qualcomm Work Together to Accelerate Development of Next-Generation Digital Cockpit

Written by Customer Service on January 4, 2023. Posted in Public Companies.

Companies to work together to deliver high-performance integrated cockpit domain controller technology for software-defined vehicles using Visteon SmartCore™ software powered by Snapdragon® Cockpit Platforms VAN BUREN TOWNSHIP, Mich., Jan. 04, 2023 (GLOBE NEWSWIRE) — Visteon (NASDAQ: VC) and Qualcomm Technologies, Inc. announced today that the companies intend to take their technology collaboration one step further with the development of a high-performance cockpit domain controller designed to enable global automakers to build next-generation cockpits. Visteon’s SmartCore™ cockpit domain controller software is a solution developed at Visteon’s world-class technical centers in India that integrates key automotive cockpit system functions including digital instrument clusters and Android-based infotainment, with best-in-class,...

Eagle Bulk Shipping Inc. Completes Transfer of Listing to the New York Stock Exchange

Written by Customer Service on January 4, 2023. Posted in Public Companies.

STAMFORD, Conn., Jan. 04, 2023 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world’s largest owner-operators within the midsize drybulk vessel segment, today announced that it has completed the transfer of its stock listing to the New York Stock Exchange (“NYSE”) from the Nasdaq Global Select Market (“Nasdaq”). Eagle shares will start trading on the NYSE when the market opens on January 4, 2023, under the existing ticker symbol, “EGLE”. About Eagle Bulk Shipping Inc. Eagle Bulk Shipping Inc. (“Eagle” or the “Company”) is a US-based fully integrated shipowner-operator providing global transportation solutions to a diverse group of customers including miners, producers, traders, and end users. Headquartered in Stamford, Connecticut, with offices in Singapore and Copenhagen,...

OMNIQ’S Q SHIELD™ AI-BASED SAFE CITY SYSTEM, TO BE DEPLOYED IN TWO ADDITIONAL CITIES IN IOWA BRINGING THE TOTAL NUMBER OF CITIES TO 16

Written by Customer Service on January 4, 2023. Posted in Public Companies.

SALT LAKE CITY, Jan. 04, 2023 (GLOBE NEWSWIRE) — OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI)-based solutions, today announced that the Company has been selected by the Cities of Mitchellville, Iowa and Jewell, Iowa to deploy its Q Shield Safe City System, based on vehicle recognition systems (VRS) technology and its cloud based citation management platform. Q Shield™ identifies any vehicle driving through the city which is on a National Crime Information Center (NCIC) data base or the cities local Bureau of Investigations Database and cites violators who drive through the city with outstanding traffic violations, and provide notifications for law enforcement and local authorities, that allow proactive actions preventing risks from becoming events. Q Shield™ is...

AITX’s Subsidiary Robotic Assistance Devices Receives 15 New Contracts Totaling 42 Devices

Written by Customer Service on January 4, 2023. Posted in Public Companies.

Artificial Intelligence Technology Solutions, Inc. 15 new orders in the books for Robotic Assistance Devices (RAD) and 42 units soon to be heading out the door.Detroit, Michigan, Jan. 04, 2023 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), today announced that its wholly owned subsidiary, Robotic Assistance Devices Inc. (RAD), has received 15 new contracts for 42 security robots. The configuration of the 42 RAD devices placed on order is 25 ROSA stationary robots, 10 ROSA-P, switched-powered, pole-mounted solutions, 5 AVA access control devices, and 2 TOM autonomous visitor management solutions. “This is the type of sales announcement we have been building towards,” said Steve Reinharz, CEO of AITX and RAD. “The mix of these 15 orders is a well-balanced combination of new...

Vericel to Present at the 41st Annual J.P. Morgan Healthcare Conference on Wednesday, January 11, 2023

Written by Customer Service on January 4, 2023. Posted in Public Companies.

CAMBRIDGE, Mass., Jan. 04, 2023 (GLOBE NEWSWIRE) — Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Nick Colangelo, President and CEO will present at the 41st Annual J.P. Morgan Healthcare Conference. The presentation is scheduled to begin at 10:30 a.m. ET (7:30 a.m. PT) on Wednesday, January 11, 2023. A webcast of the presentation will be available on the Investor Relations section of the Vericel Corporation website at: http://investors.vcel.com. About Vericel CorporationVericel is a leader in advanced therapies for sports medicine and severe burn care. The Company manufactures and markets two cell therapy products in the United States. MACI® (autologous cultured chondrocytes on porcine collagen membrane) is an autologous cellularized scaffold...

Gaming and Leisure Properties, Inc. Completes Previously Announced Sale Leaseback Transaction with Bally’s for Tiverton, RI and Biloxi, MS Properties

Written by Customer Service on January 4, 2023. Posted in Mergers And Acquisitions.

WYOMISSING, Pa., Jan. 04, 2023 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”), announced today that on January 3, 2023, it completed the previously announced acquisition from Bally’s Corporation (NYSE: BALY) (“Bally’s) of the land and real estate assets of Bally’s Tiverton Casino & Hotel in Tiverton, RI and Bally’s Hard Rock Hotel & Casino Biloxi in Biloxi, MS for $635 million in total consideration, inclusive of $15 million in the form of OP units. These properties were added to the Company’s existing Master Lease with Bally’s. The initial rent for the lease was increased by $48.5 million on an annual basis, subject to contractual escalations based on the Consumer Price Index, with a 1% floor and 2% ceiling, subject to CPI meeting a 0.5% threshold. The Master...

Crown Electrokinetics Acquires Amerigen 7

Written by Customer Service on January 4, 2023. Posted in Mergers And Acquisitions.

Acquisition Adds Immediate Revenue and $67 million Purchase Order LOS ANGELES, Jan. 04, 2023 (GLOBE NEWSWIRE) — Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Company”), a leading smart glass technology company, today announced it has entered into an asset purchase agreement with Amerigen 7, an emerging leader in the fields of distributed antenna systems and construction of fiber optic infrastructure. Doug Croxall, Crown Electrokinetics CEO and Chairman stated, “We are pleased to announce the acquisition of Amerigen 7, which will now be renamed Crown Fiber Optics. Crown Fiber Optics will focus on two business initiatives: the design and installation of distributed antenna systems and building the fiber optic infrastructure for Charter Communications. Crown will now have two product categories...

Mutual Insurance Company of Arizona Declares $15 Million Dividend

Written by Customer Service on January 4, 2023. Posted in Dividend Reports And Estimates.

PHOENIX, Jan. 04, 2023 (GLOBE NEWSWIRE) — The Mutual Insurance Company of Arizona® (MICA) announced today that its Board of Trustees has declared a policyholder dividend of $15 million to be allocated among current members as of December 31, 2022, the record date. The dividend will be distributed in February 2023. For policyholders insured by MICA for a full three-year period ending on the December 31, 2022 record date, the dividend represents approximately 18% of their 2022 annual earned premium. Members current as of the record date who were consecutively insured less than the full three-year period will receive a pro-rated amount. Additional information regarding the policyholder dividend distribution for each member will be available on the member portal at www.mica-insurance.com in early February 2023. “We’re proud to be able...

UniFirst Announces Financial Results for the First Quarter of Fiscal 2023

Written by Customer Service on January 4, 2023. Posted in Earnings Releases And Operating Results.

WILMINGTON, Mass., Jan. 04, 2023 (GLOBE NEWSWIRE) — UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its first quarter ended November 26, 2022 as compared to the corresponding period in the prior fiscal year: Q1 2023 Financial HighlightsConsolidated revenues for the first quarter increased 11.4% to $541.8 million. Operating income was $43.4 million, a decrease of 3.1%. The quarterly tax rate increased to 25.2% compared to 24.6% in the prior year. Net income increased to $34.0 million from $33.7 million in the prior year, or 0.7%. Diluted earnings per share increased to $1.81 from $1.77 in the prior year, or 2.3%.The Company’s financial results for the first quarters of fiscal 2023 and 2022 included approximately $10.0 million and $5.9 million, respectively, of costs directly attributable...

MCI Onehealth Announces Amendment of Credit Facility

Written by Customer Service on January 4, 2023. Posted in Public Companies.

TORONTO, Jan. 04, 2023 (GLOBE NEWSWIRE) — MCI Onehealth Technologies Inc. (“MCI” or the “Company”) (TSX: DRDR), a clinician-led healthcare technology company focused on increasing access to and quality of healthcare, is pleased to announce that the Company and The First Canadian Wellness Co. Inc. (the “Lender”) have entered into an amended and restated the loan agreement (the “A&R Agreement”) which amends and restates the loan agreement dated June 30, 2022 that was entered into between the Company and the Lender (the “Original Agreement”). Pursuant to the A&R Agreement, the amount available to the Company under the Original Agreement has been increased from $5 million to $7 million (the “Loan”). Consistent with the Original Agreement, the Loan will bear interest at a rate of prime plus 9% per annum. The Loan...

Month: January 2023

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