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Month: June 2023

U.S. Power Grid Reliability Is At Risk This Summer, Highlighting the Need for NeoVolta Battery Backup

NERC’s Summer Reliability Assessment Warns of Resource Inadequacy Due to Underprepared Generation and Transmission Facilities, Emissions Restrictions, and Peak DemandU.S. Power Grid Reliability Is At Risk This Summer, Highlighting the Need for NeoVolta Battery Backup NERC’s Summer Reliability Assessment Warns of Resource Inadequacy Due to Underprepared Generation and Transmission Facilities, Emissions Restrictions, and Peak DemandSAN DIEGO, June 06, 2023 (GLOBE NEWSWIRE) — NeoVolta Inc. (NASDAQ: NEOV) – As another summer season approaches, the North American Electric Reliability Corporation (NERC) warns of an elevated risk of grid outages throughout two-thirds of the U.S. NERC’s 2023 Summer Reliability Assessment points to several factors driving this risk from June through September. These include a lack of maintenance in...

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Medigus Sells its Entire Stake in ScoutCam for Approximately $6 Million in Cash

Tel Aviv, Israel, June 06, 2023 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS) (“Medigus”), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle (“EV”) and charging solutions, today announced that it has sold its entire stake in ScoutCam Inc. (OTCQB: SCTC), a leading provider of Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) solutions. The Company has sold its holdings to existing shareholders and office holders in ScoutCam, primarily to Mr. Mori Arkin, for total proceeds for Medigus of approximately $6 million in cash. About ScoutCam ScoutCam is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation,...

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AITX’s Subsidiary, Robotic Assistance Devices, Unleashes RADDOG™ 2LE, the Robotic Dog for Law Enforcement Applications

Detroit, Michigan, June 06, 2023 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) today announced that it is now accepting orders for RADDOG 2LE, the robot dog purpose-built for law enforcement agencies. Limited quantities are available as early as July 2023. RADDOG 2LE marks a critical evolution of quadruped robotics positioned to improve the capabilities of law enforcement agencies and enable them to apply practical robotics for a variety of tasks. With its agile quadruped (four-legged) design and cutting-edge external accessories, RADDOG 2LE empowers officers to conquer challenging terrain, reach inaccessible areas, and navigate through...

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EXL names Pamela Harrison Chief Human Resources Officer

EXL names Pamela Harrison Chief Human Resources Officer EXL names Pamela Harrison executive vice president and chief human resources officer.NEW YORK, June 06, 2023 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, announced that it has named Pamela Harrison executive vice president and chief human resources officer of EXL. In this role, Harrison reports directly to Rohit Kapoor, vice chairman and chief executive officer, and is responsible for developing and implementing the next phase of EXL’s talent strategy to help the company achieve its long-term goal of creating superior business impact for its clients. Harrison succeeds Nalin Miglani, who retired from EXL in April. “Success in any company is built on the foundation of talent. Pamela’s ability to identify,...

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MamaMancini’s Expands Fresh Meal Offering with Introduction of Four New Branded Sleeve Products at IDDBA 2023

MamaMancini’s Holdings, Inc. Introduction of Four New Branded Sleeve Products at IDDBA 2023EAST RUTHERFORD, NJ, June 06, 2023 (GLOBE NEWSWIRE) — MamaMancini’s Holdings, Inc. (NASDAQ: MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the launch of four popular products in a branded meal sleeve format at IDDBA 2023, with initial orders already secured from two large national grocery chains. The International Dairy Deli Bakery Association (IDDBA) is a nonprofit trade association for food retailers, manufacturers, wholesalers, brokers, distributors, and other industry professionals. The IDDBA annual tradeshow – taking place June 4-6, 2023 in Anaheim, California – attracts more than 10,000 attendees and serves as a vital networking event for the industry. The sleeve packaging...

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Solar Integrated Roofing Corp. Announces Debt Repayment and Growth Funding Agreement

HENDERSON, Nev., June 06, 2023 (GLOBE NEWSWIRE) — Solar Integrated Roofing Corp. (OTC:SIRC) (“SIRC” or the Company”), an integrated, single-source solutions provider of solar power, roofing and EV charging systems, entered into an agreement with Continuation Capital, Inc. (“CCI”), a Delaware Corporation, pursuant to which the Company agreed to issue Common Stock to CCI in exchange for the settlement of certain outstanding debts of the Company in the principal and interest amount of $1,063,778.11 (the “Settlement Amount”) of past due obligations and accounts payable of the Company. “This partnership with CCI allows us to address our debt obligations effectively while simultaneously allowing us to use our cash position to better support operational needs,” said Brad Rinehart, Chief Executive Officer of SIRC. “The retirement of this...

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Elicio Therapeutics Completes Reverse Merger and Provides a Corporate Update

Elicio completes reverse merger, becoming a publicly traded company on the Nasdaq stock exchange Positive Phase 1 clinical data was recently presented at ASCO 2023 for the 2-peptide formulation of Elicio’s lead program, ELI-002, the first and only lymph node-targeted mutant KRAS (mKRAS) immunotherapy AMPLIFY-7P, a Phase 1/2 study of the 7-peptide formulation of ELI-002, is now enrolling patients with mKRAS-driven cancers Appointment of Brian Piekos as the company’s first Chief Financial OfficerBOSTON, June 06, 2023 (GLOBE NEWSWIRE) — Elicio Therapeutics (NASDAQ:ELTX), a clinical-stage biotechnology company developing a pipeline of novel immunotherapies for the treatment of cancer, provides a corporate update on a series of advancements for the company, including the completion of its reverse merger earlier this month in an...

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Academy Sports + Outdoors Reports First Quarter 2023 Results

First Quarter GAAP Diluted EPS of $1.19, or $1.30 Adjusted Diluted EPS Net Sales Decline 5.7%; Comparable Sales Decline 7.3% Company Opens One New Store During Q1; Plans to Open 13 to 15 in 2023 KATY, Texas, June 06, 2023 (GLOBE NEWSWIRE) — Academy Sports and Outdoors, Inc. (Nasdaq: ASO) (“Academy” or the “Company”) today announced its financial results for the first quarter ended April 29, 2023. Executive Chairman, Ken Hicks commented, “Our first quarter results were below our expectations for sales and profit as they were impacted by the ongoing macro-economic pressures on customers, unfavorable weather as well as strong comparisons in our hunting business last year. However, Academy is a strong retailer with a solid financial and business foundation and a proven ability to operate effectively and...

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Village Super Market, Inc. Reports Results for the Third Quarter Ended April 29, 2023

SPRINGFIELD, N.J., June 06, 2023 (GLOBE NEWSWIRE) — Village Super Market, Inc. (NASDAQ:VLGEA) (the “Company” or “Village”) today reported its results of operations for the third quarter ended April 29, 2023. Third Quarter HighlightsNet income of $11.0 million compared to a net loss of $3.2 million in the third quarter of the prior year Adjusted net income of $10.2 million, an increase of 93% compared to adjusted net income of $5.3 million in the third quarter of the prior year Sales increased 5.4% and same store sales increased 3.4% Same store digital sales increased 4.8%Year-To-Date Fiscal 2023 HighlightsNet income of $34.4 million, an increase of 142% compared to $14.2 million in the prior year-to-date period Adjusted net income of $33.6 million, an increase of 48% compared to adjusted net income...

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Blink Charging Deploys 34 Electric Vehicle Chargers in the Village of Tuckahoe, New York

Installation of chargers will provide needed infrastructure for the community and further advance electric vehicle adoption Miami Beach, FL, June 06, 2023 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announcement the deployment and installation of 34 chargers at eight locations throughout the Village of Tuckahoe, NY, building a significant EV charging infrastructure for the Village. “Electric vehicle adoption in the New York metropolitan area is strong, and additional infrastructure is needed to support growth. Tuckahoe has demonstrated vision and forward thinking to meet the needs of EV drivers in the area,” said Michael Battaglia, Chief Revenue Officer for Blink Charging....

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