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Month: August 2023

Global Endoscope Reprocessing Market Size to Reach USD 5.23 Billion in 2030 | Emergen Research

Increasing requirement for endoscopy for early diagnosis and treatment of diseases is one of the major factors driving endoscope reprocessing market revenue growth Vancouver, Aug. 22, 2023 (GLOBE NEWSWIRE) — The size of the worldwide market for Endoscope Reprocessing reached USD 2.30 Billion in 2021, and it is projected to exhibit a Compound Annual Growth Rate (CAGR) of 9.6% in terms of revenue over the forecast period. This analysis has been conducted by Emergen Research. The upswing in demand for endoscopy as a means of early disease detection and treatment, coupled with an increased risk of infections linked to endoscopes, and the healthcare authorities’ enhanced focus on refining reprocessing protocols, stands out as the primary drivers behind the expansion of the endoscope reprocessing market. To obtain your free sample...

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Apollo Funds Acquire Composite Advanced Technologies, Inc, a Leading Manufacturer of Transportation and Storage Solutions for Hydrogen and Compressed Natural Gas

Significant Investment to Establish Platform Supporting the Energy Transition by Providing Critical Equipment for Compressed Gas Logistics HOUSTON and NEW YORK, Aug. 22, 2023 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed funds (the “Apollo Funds”) have acquired a majority interest in Composite Advanced Technologies, Inc (“CATEC” or the “Company”), a leading provider of compressed natural gas (“CNG”), renewable natural gas (“RNG”) and hydrogen transportation and storage solutions in the United States. CATEC’s products and services help its customers transition away from carbon-intensive fossil fuels towards cleaner alternatives. Founded in 2014 and based in Houston, CATEC manufactures large format Type IV cylinders that facilitate the use of natural gas and hydrogen across a wide variety of industry applications...

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KingSett Acquires Units of Northview Residential REIT

Not for dissemination in the United States TORONTO, Aug. 22, 2023 (GLOBE NEWSWIRE) — KingSett Real Estate Growth LP No. 7 (“KSLP7”) and KingSett Canadian Real Estate Income Fund LP (“CREIF”), limited partnerships managed by and affiliated with KingSett Capital Inc., KAM Galaxy Fund LP (“KAM”) and NG (No. 1) Limited Partnership (“NG”), limited partnerships whose general partners are controlled by KSLP7, announced that on August 21, 2023, in connection with the completion of the previously announced recapitalization (the “Recapitalization”) of Northview Residential REIT (the “REIT”), CREIF acquired 62,619 Class C Units based on a price of $26.355 per Class C Unit, having an aggregate value of $1,650,324, pursuant to a private agreement, KSLP7 acquired 62,619 Class C Units based on a price of $26.355 per Class C Unit, having an aggregate...

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CuraScientific Announces Growth in the Second Quarter Financials

PALM SPRINGS, CA, Aug. 22, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Today CuraScientific Corp. (the “Company”) (OTCPINK: CSTF) announces that the Company has filed its quarterly financials for the period ending June 30, 2023. William Reed, Chairman & CEO, stated, “Our company has experienced positive growth and a strong direction since the merger in October-2022. We were able to evaluate the company’s old management team and direction and make the necessary changes to improve the revenue model and management.  This change and reorganization has resulted in an increase of our revenue for the first six months of 2023 of $800,000. Further, we decreased our convertible debt from $1.2M to $335K. The expansion of our Kava Bar and our Cannabis routes will result in continued revenue growth, while we focus on reducing...

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REVIV3 Procare Company Reports Record Fiscal Year 2023 Financial Results

Net sales (revenue) up 907% to $23.52 million for the fiscal year ended May 31, 2023, as compared to the prior year period without the AXIL® business segment Gross profit (as a percentage of sales) increased to 75.3% for the year, as compared to 64.5% for the prior year period Operating expenses as a percentage of net revenues decreased to 66.9% as compared to 73.6% for the prior year periodLOS ANGELES, Aug. 22, 2023 (GLOBE NEWSWIRE) — Reviv3 Procare Company (“Reviv3,” “we,” “us,” “our,” or the “Company”) (OTCQB: RVIV), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3® hair and skin care products, today announced financial and operational results for the fiscal year ended May 31, 2023 (“fiscal 2023”). “As previously disclosed in June 2022, we completed the acquisition...

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BOS Reports Financial Results for the Second Quarter of the Year 2023

RISHON LE ZION, Israel, Aug. 22, 2023 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) reported its financial results for the second quarter of the year 2023. Second Quarter 2023 Financial Highlights:Revenues for the second quarter of 2023 grew by 9.5% to $11.3 million from $10.3 million in the comparable quarter last year. Operating profit for the second quarter of 2023 increased by 32% to $707,000 compared to $537,000 in the comparable quarter last year. EBITDA for the second quarter of 2023 increased by 32% to $863,000 from $653,000 in the comparable quarter last year. Financial expenses for the second quarter of 2023 decreased to $98,000 compared to $378,000 in the comparable quarter last year. The decrease is attributed to the depreciation of the Israeli...

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Workhorse Group Reminds Stockholders to Vote “FOR” the Proposal to Increase the Number of Authorized Shares

CINCINNATI, Aug. 22, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today reminded stockholders to vote “FOR” the proposal to increase the number of shares of Workhorse common stock at the upcoming Special Meeting scheduled for August 28, 2023. The Company issued the following statement: We have made significant, tangible progress on our strategic plans to deliver value to stockholders and customers. We need support from our stockholders so we can obtain the financing we need to continue executing on our clear path forward. A vote FOR the proposal to increase the number of our authorized shares is a vote for Workhorse to continue:advancing its commercial EV product roadmap; growing...

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Fiverr to Present at Upcoming Conferences

NEW YORK, Aug. 22, 2023 (GLOBE NEWSWIRE) — Fiverr International Ltd, (NYSE: FVRR), the company that is revolutionizing how the world works together, today announced that Micha Kaufman, Founder and Chief Executive Officer, and Ofer Katz, President and Chief Financial Officer, will present at the following investor conferences: Goldman Sachs Communacopia + Technology ConferenceDate: Tuesday, September 5, 2023Time: 10:50 am Pacific Time Citi Global Technology ConferenceDate: Thursday, September 7, 2023Time: 10:30 am Eastern Time Live webcasts of the presentations will be accessible from the Events & Presentations section of Fiverr’s investor relations website, https://investors.fiverr.com. Archived replays of the audio webcasts will be available following the live presentations from the same website. About Fiverr Fiverr’s...

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Knight-Swift Transportation and TriumphPay Bring Security and Speed to Carrier Payments

DALLAS, Aug. 22, 2023 (GLOBE NEWSWIRE) — TriumphPay announced today the addition of Knight-Swift Transportation (NYSE: KNX) 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, now with over 30 of the top 50 U.S. brokers as clients, creating a more secure hub for the presentment, audit and payment of invoices in the transportation industry.  Knight-Swift senior vice president of Logistics Reed Stultz commented, “Our relationship with TriumphPay enables us to continue to improve our technology and the payment experience for our carriers, provide transparency to the payments process and empower more professional drivers to grow their business, even in current market conditions.” TriumphPay processes or interacts with...

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Shockwave Medical to Participate in Upcoming Investor Conferences

SANTA CLARA, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) — Shockwave Medical, Inc. (NASDAQ: SWAV), a pioneer in the development and commercialization of transformational technologies for the treatment cardiovascular disease, announced today that the company will be participating in two upcoming investor conferences: Shockwave Medical’s management team will participate in a fireside chat with analysts and investors at the upcoming 2023 Wells Fargo Healthcare Conference being held from September 6-8, 2023, in Boston, MA. The Shockwave Medical session is scheduled to take place Wednesday, September 6, 2023, at 1:30 p.m. Eastern Time. Shockwave Medical’s management team is also scheduled to participate in in a fireside chat with analysts and investors at the upcoming 21st Annual Morgan Stanley Global Healthcare Conference being held from...

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