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Day: June 13, 2023

Rackspace Technology Launches Foundry for Generative AI by Rackspace

Leading multicloud solutions provider announces Generative AI offerings aimed at accelerating the responsible adoption of AI in organizations of all sizes SAN ANTONIO, June 13, 2023 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud technology solutions company, today announced Foundry for Generative AI by Rackspace (FAIR™), a groundbreaking global practice dedicated to accelerating the secure, responsible and sustainable adoption of generative AI solutions across industries. FAIR aims to be a force multiplier to accelerate the pragmatic and secure use-case-based adoption of generative AI in businesses across all industries. It builds on unique Rackspace Technology IP and multicloud capabilities along with their global footprint to facilitate:Cutting-edge AI/ML, analytics, data services,...

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Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2023

EXTON, Pa., June 13, 2023 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on July 7, 2023, to shareholders of record on June 26, 2023.   In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to...

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Table Trac Elevates Theresa Birtalan to Lead Tribal Gaming Development

MINNETONKA, Minn., June 13, 2023 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, today announced the promotion of Theresa Birtalan to Head of New Business Development for non-commercial gaming. Birtalan was born in Battle Creek, MI and attended Syracuse University, studying International Business. Prior to joining Table Trac, Inc, Theresa has worked in and around the gaming industry providing financial services and insurance, for more than 25 years. Chad Hoehne, President of Table Trac Inc, stated, “Theresa Birtalan stands by our brand and makes us proud when we present our solid product line to the markets where Native American gaming is thriving. I am excited to see what comes from this renewed focus.” Jeff...

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Expandable Microspheres Market to Unveil Smooth Growth

SkyQuest’s market report on the expandable microspheres industry provides valuable insights and trends for readers interested in this rapidly growing market. The report is concise, yet comprehensive, making it accessible to both industry experts and market readers. It offers a detailed analysis of primary and secondary market drivers, providing a broad outlook on the current state of the market and future growth projections. Westford, USA, June 13, 2023 (GLOBE NEWSWIRE) — The global Expandable Microspheres market size is expected to reach USD 22.21 billion by 2030 and exhibit a CAGR of 11.6% in the forecast period (2023−2030), according to Skyquest’s latest research report. The Increasing usage of lightweight fillers and blowing agents, expanding application areas in the construction and aerospace industry, and demand...

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OceanPal Inc. Reports Financial Results for the First Quarter Ended March 31, 2023

ATHENS, Greece, June 13, 2023 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $88 thousand and net loss attributed to common stockholders of $472 thousand for the first quarter of 2023. Time charter revenues for the same period were $3.9 million. This compares to net income of $414 thousand and net loss attributed to common stockholders of $510 thousand for the first quarter of 2022. Time charter revenues for the same period were $3.7 million.  Fleet Employment Profile (As of June 12, 2023)  OceanPal Inc.’s fleet is employed as follows:  VesselBUILT DWT Sister Ships* Gross Rate (USD/Day) Com** Charterers Delivery Date to Charterers*** Redelivery Date to Owners**** Notes                   3 Panamax Bulk...

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The Flexible and Versatile Packaging Choice: Polypropylene Corrugated Takes Over

SkyQuest’s study on the palliative care market contains significant analysis for individuals interested in learning more about this rapidly expanding industry. The report’s presentation is comprehensive and offered to business specialists to market leaders interested in the market findings. The study offers a brief overview of the current market environment and future estimates through an in-depth examination of both primary and secondary industry factors. Westford, USA, June 13, 2023 (GLOBE NEWSWIRE) — The global palliative care market size is expected to reach USD 6.34 billion by 2030 and exhibit a CAGR of 7.7% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing prevalence of chronic diseases, the aging population, patient-centered care, government support, and...

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iStock Tips for Avoiding Tokenistic and Stereotypical Representation of the LGBTQ+ Community

Research shows authenticity is key when demonstrating allyship this Pride month and beyondLONDON, June 13, 2023 (GLOBE NEWSWIRE) — As Pride month commences, iStock, a leading e-commerce platform providing premium visual content to SMBs, SMEs, creatives and students everywhere, has revealed that businesses continue to use tokenistic and stereotypical imagery when trying to demonstrate support of the LGBTQ+ community. Only 1% of all customer downloads in 2022 featured LGBTQ+ representation and rainbow flags make up 29% of all imagery used to represent the LGBTQ+ community. These insights sit at odds with consumer sentiment, with iStock’s VisualGPS research showing that people are looking to engage with brands that celebrate diversity. Almost 70% of non-LGBTQ+ consumers feel better about buying products from companies that feature...

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NeoVolta, Solar Battery Manufacturer, Slated to Join Russell Microcap® Index

NeoVolta, Solar Battery Manufacturer Slated to Join Russell Microcap® IndexPOWAY, Calif., June 13, 2023 (GLOBE NEWSWIRE) — NeoVolta (NASDAQ: NEOV), a solar battery manufacturer and developer of smart residential energy storage solutions, will join the Russell Microcap® Index following the 2023 Russell indexes annual reconstitution, which takes effect once the U.S. market opens on June 26, 2023.  Membership in the Russell Microcap® Index, which is a one-year term, allows for automatic inclusion in relevant growth and value-style indexes.  FTSE Russell determines membership for its indexes based on objective market capitalization rankings and style attributes, and serves as the benchmark for approximately $16 trillion in assets. Investment managers and institutional investors heavily rely on Russell indexes as benchmarks for their...

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NaaS Acquires over 89% Stake in Sinopower HK

Beijing, China, June 13, 2023 (GLOBE NEWSWIRE) — NaaS Technology Inc. (NASDAQ: NAAS) (“NaaS” or the “Company”), the first listed EV charging service company in China, announced that Dada Auto, a wholly owned subsidiary of the Company, has entered into a definitive agreement to acquire 89.99% of the issued and outstanding shares of Sinopower Holdings International Co. Limited (“Sinopower”) from an existing shareholder of Sinopower, for an aggregate purchase price of approximately US$6.1 million in cash. The share purchase is subject to customary closing conditions and is expected to close in June 2023. Sinopower HK specializes in Estates and commercial/industrial rooftop solar PV project development. Apart from the 25MW distributed solar energy project, the company has hitherto developed and built...

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