Day: May 23, 2023
Wednesday, May 24, 2023 at 10:00 A.M.
MONTREAL, May 23, 2023 (GLOBE NEWSWIRE) — Shareholders are invited to participate by live audio webcast at https://www.dorel.com/pages/shareholder-information
Shareholders will have the ability to interact with Dorel Industries Inc. Senior Management by submitting questions to ir@dorel.com. To be sure your questions are addressed during the Q&A portion of the annual meeting, it is recommended that you submit them no later than 5 p.m. on Friday, May 19, 2023.
Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products. Dorel’s strength lies in the diversity, innovation and quality of its products as well as the superiority of its brands. Dorel Juvenile’s powerfully branded products include global brands Maxi-Cosi,...
Quisitive Delivers as Digital Transformation Partner for Arthur Health
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TORONTO, May 23, 2023 (GLOBE NEWSWIRE) — Quisitive Technology Solutions, Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft solutions provider and payments solutions provider, has generated substantial positive impact for Canadian healthcare innovator, Arthur Health through its modern healthcare solutions.
Quisitive is the technology solutions partner for Arthur Health and has been instrumental in completing significant milestones to advance Arthur Health’s digital transformation journey. Arthur Health is a healthcare solutions company driving innovative value-based care models that deliver integrated, multi-disciplinary patient care to reduce wait times, reduce costs, and improve patient outcomes. Arthur Health sought a new solution with a modern architecture that could scale as the business grows....
GBT Integrated Circuit’s Geometrical Design Rule Automatic Correction Patent, Received a Notice of Allowance
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The patent describes an innovative technology to enable faster and higher performance and quality, advanced nanometer, integrated circuits design.
SAN DIEGO, May 23, 2023 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), received a notice of allowance for its nonprovisional patent application for integrated circuits (IC) geometrical design rule automatic correction system and method, internal code name Omega. The patent protects a technology for automatic correction of geometrical design rule violations within an integrated circuit’s layout. IC layout Design Rule Check (DRC) correction is the process of identifying and rectifying geometrical violations in the layout design of an IC to comply with the manufacturing process design rules.
Design rules define the physical constraints and limitations...
Galecto Completes Dosing in 52-Week Phase 2b GALACTIC-1 Trial of GB0139 in Idiopathic Pulmonary Fibrosis
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BOSTON, May 23, 2023 (GLOBE NEWSWIRE) — Galecto, Inc. (NASDAQ: GLTO), a clinical-stage biotechnology company and world leader in galectin biology focused on the development of novel treatments for fibrosis and cancer, today announced the last dosing of the last patient in the GALACTIC-1 Phase 2b trial of its most advanced product candidate, GB0139, for the treatment of idiopathic pulmonary fibrosis (IPF).
GALACTIC-1 is a randomized, double-blind, placebo-controlled, parallel-group, multicenter trial being conducted across approximately 100 centers globally. The study is designed to investigate the safety and efficacy of GB0139 in patients with IPF. 144 patients were randomized (2:1) to receive either a 3 mg dose of GB0139 or placebo once daily for 52 weeks. The primary endpoint of the trial is to assess the annual rate of decline...
Lantheus Announces Payment to Contingent Value Rights (CVR) Holders of $99.7 million or $1.15 per CVR
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PYLARIFY success leads to maximum payment in first year
BEDFORD, Mass., May 23, 2023 (GLOBE NEWSWIRE) — Lantheus Holdings, Inc. (“Lantheus”) (NASDAQ: LNTH), a company committed to improving patient outcomes through diagnostics, radiotherapeutics and artificial intelligence solutions that enable clinicians to Find, Fight and Follow disease, today announced that it has instructed the rights agent to distribute $99.7 million to the holders of Contingent Value Rights (CVRs), which were issued in conjunction with Lantheus’ acquisition of Progenics Pharmaceuticals, Inc. on June 19, 2020.
Each CVR entitled its holder to receive a pro rata share of aggregate cash payments equal to 40% of U.S. net sales generated by PYLARIFY in 2022 and 2023 in excess of $100.0 million and $150.0 million, respectively, subject to a maximum amount allowed...
Surgalign to Participate at ISASS 2023 – 23rd Annual Conference Sponsored by the International Society for the Advancement of Spine Surgery and Medical Education Resources
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Company to showcase its upgraded HOLO Portal™ Surgical Guidance System and key products in its hardware spine and biologics portfolio
DEERFIELD, Ill., May 23, 2023 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digital health, announced today that it will be exhibiting at ISASS 2023 – the 23rd Annual Conference – sponsored by the International Society for Spine Surgery (“ISASS”) and Medical Education Resources. This three-day event will take place June 1-3, 2023 at the Marriott Marquis in San Francisco, CA.
The International Society for the Advancement of Spine Surgery is dedicated to advancing major evolutionary steps in spine surgery. Since its inception in 2000, ISASS has worked to achieve its mission...
Atico Extends Ore Body at El Roble Mine in Colombia with Initial Intercepts up to 24.3m of 3.70% Cu, 8.40g/t Au, including 7.3m of 6.41% Cu and 20.00g/t Au
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VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) — Atico Mining Corporation (TSX.V: ATY | OTCQX: ATCMF) (“Atico” or the “Company”) is pleased to announce that the initial exploration program being carried out in an area of historical mining to expand tonnage at the El Roble mine has returned positive initial results. In addition, the Company reports the results for five diamond drill core holes (ATD-0160 through ATD-0179), which included 24.3m of 3.70% copper and 8.40g/t gold and 31.8m of 3.40% copper and 2.01g/t gold, respectively.
“We are pleased to report that our mine vicinity drill campaign has successfully intercepted new mineralization and an extension of the main historic massive sulphide body at the El Roble deposit. This area that was mined by operators previous to Atico obtaining control of the mine on November...
Trust Stamp Announces Notice of Allowance for New U.S. Patent Related to its Artificial Intelligence (AI) Based Biometric Authentication Technology
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IP provides enhanced security when dealing with a subject’s sensitive biometric data
ATLANTA, May 23, 2023 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered trust and identity services used globally across multiple sectors, announced that it has received a Notice of Allowance for an additional patent by the United States Patent and Trademark Office related to its AI-powered, tokenized-identity products. This Notice of Allowance follows three additional patent applications announced in April, 2023.
The patent, titled: “Systems and processes for lossy biometric representation,” expands the IP protection around the Company’s innovative biometric hashing technology used for subject identity verification. Through neural network processing and pseudorandom matrix multiplication,...
Worldwide Express Joins TriumphPay Payments Network
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WWEX is the fourth largest broker in the U.S. and the largest broker to join the TriumphPay open payments network
DALLAS, May 23, 2023 (GLOBE NEWSWIRE) — TriumphPay announced today the addition of the Worldwide Express family of brands, which includes Worldwide Express, GlobalTranz and Unishippers, to its open payments network as a full audit and payments network participant. The TriumphPay open payments network has rapidly expanded since its launch in January 2022, creating a more secure hub for the presentment, audit, and payment of invoices in the transportation industry.
“TriumphPay is the next logical step for evolving our payments processes for our carriers and customers,” said Tom Madine, chief executive officer at Worldwide Express. “Joining TriumphPay’s payments network allows our team to view and conduct transactions...
Blue Star Foods Reports $1.9 Million Revenue for First Quarter Ended March 31, 2023
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Miami, FL, May 23, 2023 (GLOBE NEWSWIRE) — Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (“ESG”) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (“RAS”), announced unaudited financial and operational results for the three months ended March 31, 2023.
Key Financial Highlights for the Three Months Ended March 31, 2023Revenue of $1.9 million
RAS revenues increased to $0.6 million
Gross profit of $0.3 million
Operating loss of $0.9 million
Net loss of $2.0 million (included $1.1 million of non-cash loss on settlement of stock, amortization of debt note and one-time non-recurring expenses)
Adjusted EBITDA loss of $0.9 million
Inventory and RAS biomass of $3.5 million at March 31, 2023 ($4.8 million at December...