Day: October 17, 2023
Knoxville, Tennessee, Oct. 17, 2023 (GLOBE NEWSWIRE) — Healthcare Integrated Technologies, Inc. (HiTC), proudly announces the approval for a $336,000 grant from the state of Tennessee. The grant is targeted at bolstering infection control practices for 24 senior living facilities, encompassing a mix of Skilled Nursing Facilities (SNFs) and Assisted Living Facilities (ALFs).
Leveraging its position in AI-powered health solutions for senior living, HiTC will employ this grant to further its mission in ensuring safer and more efficient living environments using their proprietary AI technology. This development builds on HiTC’s recent strategic alliance with Signature Healthcare, underscoring the company’s ongoing commitment to innovative healthcare solutions for senior residents. The grant involves 21 Signature Healthcare...
Sunrise New Energy Announces Delivery of Over 3,000 Tons to Narada Power by End of September, Driving Significant Revenue Growth
Written by Customer Service on . Posted in Public Companies.
ZIBO, China, Oct. 17, 2023 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Sunrise (Guizhou) New Energy Materials Co., Ltd. has successfully delivered over 3,000 tons of products to Narada Power from January to September 2023. Sunrise has become a strategic supplier for Narada Power since April 2022, following a rigorous selection process. In 2022, we supplied 1,200 tons of products, and we anticipate reaching an annual supply of 5,000 tons in 2023 and a remarkable 8,000 tons in 2024. Becoming a strategic supplier for Narada Power has brought predictable and sustained revenue growth for the Company.
“Being a supplier to the most renowned enterprises in the electric vehicle and energy storage markets, I am proud to announce that Sunrise has made significant...
Aware Named “Catalyst” and Role Model in New Biometrics Digital Identity Market Report
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FindBiometrics and Acuity Market Intelligence Designate Aware an Established Disruptor, Innovator and Agent of Acceleration in the 2023 Biometric Digital Identity Prism Report
BURLINGTON, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) — Continuing to lead and innovate in the industry, Aware, Inc. (NASDAQ: AWRE) today was named an industry “Catalyst” in a new biometrics market report published by Acuity Market Research and FindBiometrics. “The Biometric Digital Identity Prism Report” chronicles evolutionary industry trends, offers key digital identity differentiators, and profiles vendors on the Biometric Digital Identity Prism.
Per the report, companies named “Catalysts” are “established disruptors, innovators, and agents of acceleration” with a “high proficiency in certain areas of assessment.” Moreover, Aware was identified as a Catalyst...
22nd Century Announces Pricing of $5.25 Million Public Offering
Written by Customer Service on . Posted in Public Companies.
BUFFALO, N.Y., Oct. 17, 2023 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (Nasdaq: XXII) (the “Company”), a leading biotechnology company dedicated to improving health with reduced nicotine tobacco, hemp/cannabis and hops advanced plant technologies, today announced the pricing of its previously announced public offering of 10,000,000 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 20,000,000 shares of common stock, at a combined public offering price of $0.525 per share (or common stock equivalent in lieu thereof) and accompanying warrants. The warrants have an exercise price of $0.525 per share, are immediately exercisable and will expire five years following the date of issuance. The offering is expected to close on or about October 19, 2023, subject to the satisfaction...
RKFL REPORTS RECORD QUARTERLY FQ1 REVENUE AND PRE-ANNOUNCES FQ2 REVENUE
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GROWTH ACCELERATES TO MORE THAN 3X IN LATEST QUARTER
Investor Webinar scheduled for Thursday Oct 19 at 1:30 PM ET
San Francisco, CA, Oct. 17, 2023 (GLOBE NEWSWIRE) — RocketFuel Blockchain, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced its record-breaking financial performance for its first quarter (FQ1) and provided a pre-announcement of expected revenue for its second quarter (FQ2). The company’s growth is marked by significant increases in revenue and the expansion of its customer base.
In FQ1 (Apr 1 2023 – June 30th 2023), RocketFuel reported revenue of $235,459, reflecting a growth rate of 127% compared to the previous quarter’s $103,858 revenue. Additionally, this represents a 28X increase from the...
Pervasip Announces Third Quarter Financials
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
SEATTLE, Oct. 17, 2023 (GLOBE NEWSWIRE) — Pervasip Corp. (OTCPK: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, and its wholly owned subsidiary, Artizen Corporation, today announced the filing of its unaudited financial statements for its 3rd Quarter ended August 31, 2023.
Key Highlights60% Gross Margin Improvement: Gross profits for the three months ended August 31, 2023, totaled $1,994,465 compared to $1,257,843 during the same period in 2022, an increase of almost 60%, leading to 2023 3rd quarter gross margins of 45%, compared to 29% for the 3rd quarter 2022. The quarter-over-quarter comparison best reflects the results of the Company’s cultivation investments and process improvements.Income from Operations increased by 1,131%: Operating income rose to $591,751...
Ignitis Group continues to secure short-term funding
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AB “Ignitis grupė” (hereinafter – the Group) informs that on 17 October 2023 the Management Board of the Group approved the intention to prolong a credit facility agreement of EUR 100 million (hereinafter – the Agreement) with Citibank N.A. London Branch and to conclude a new credit facility agreement of EUR 50 million (hereinafter – the New agreement) with Citibank Europe plc.
The credit facilities will be used to manage working capital needs and to maintain adequately liquidity of the Group. After signing this New agreement the total amount of credit lines concluded by the Group with banks will amount to EUR 774 million.
The Agreement is extended for 18 months period. The limit under the New agreement is uncommitted and has no maturity date. The New agreement does not include additional measures for ensuring the fulfilment of obligations.
The...
Ignitis Group continues to secure short-term funding
Written by Customer Service on . Posted in Public Companies.
AB “Ignitis grupė” (hereinafter – the Group) informs that on 17 October 2023 the Management Board of the Group approved the intention to prolong a credit facility agreement of EUR 100 million (hereinafter – the Agreement) with Citibank N.A. London Branch and to conclude a new credit facility agreement of EUR 50 million (hereinafter – the New agreement) with Citibank Europe plc.
The credit facilities will be used to manage working capital needs and to maintain adequately liquidity of the Group. After signing this New agreement the total amount of credit lines concluded by the Group with banks will amount to EUR 774 million.
The Agreement is extended for 18 months period. The limit under the New agreement is uncommitted and has no maturity date. The New agreement does not include additional measures for ensuring the fulfilment of obligations.
The...
Broadcom Ships Industry’s First 5nm Single-Chip 25.6Tb/s Router To Address Growing Bandwidth and Security Demands
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Qumran3D Accelerates Transition to Merchant Silicon Routers by Significantly Reducing Carrier and Cloud Operator TCO with Unprecedented Scale
SAN JOSE, Calif., Oct. 17, 2023 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO), today announced the immediate availability of Qumran3D, the next generation of the StrataDNX family of single chip routers. Qumran3D raises the bar for carrier and cloud operator solutions by delivering high-performance, low-power, and security-rich networking.
A leading-edge single chip, Qumran3D offers 25.6 Terabits per second of routing in a fixed form factor, with Ethernet port rates from 100 Gb/s to 800 Gb/s. A routing solution based on a single Qumran3D will save up to 66% more energy and up to 80% more rack space compared to previous generations.
“Qumran3D will accelerate the transition to merchant silicon...
Nokia and ZCorum partner to enable easy deployment of Nokia’s PON solutions for small and medium sized operators
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Press Release
Nokia and ZCorum partner to enable easy deployment of Nokia’s PON solutions for small and medium sized operatorsNokia and Channel Partner ZCorum accelerate cable operator access network deployments of GPON, XGS-PON, and 25G PON
ZCorum’s fully hosted, cloud-based operations support system (OSS) helps operators increase operational efficiency and subscriber satisfaction while reducing operational costs.17 October, 2023
Espoo, Finland – Nokia today announced that it has partnered with ZCorum, a leading provider of managed broadband services and software. The partnership empowers small and medium-sized cable operators to easily deploy Nokia’s industry-leading PON solutions in their access networks. This allows them to quickly address growing bandwidth demands, introduce new services, and respond to competitive pressures....