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Day: February 20, 2024

Woodbridge International Announces Sale of Design Plastics Inc. to Coda Resources, Ltd.

NEW HAVEN, Conn., Feb. 20, 2024 (GLOBE NEWSWIRE) — Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Design Plastics Inc. by Coda Resources, Ltd. Design Plastics Inc. is a renowned manufacturer and supplier of injected molded and vacuum formed plastic parts primarily servicing the off-road auto parts industry. Coda is a Contract Manufacturing and Outsourcing Services company headquartered in New York City. The company has a dozen global facilities and offices, including a product development hub in Shenzhen, China and its own 20 acre, fully enclosed industrial park in Heze, China. Coda offers comprehensive flexible overseas manufacturing, global sourcing, and integrated supply chain management. Woodbridge International’s ground-breaking approach to marketing...

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Global Rigid Plastics Packaging Market to Surpass USD 203.42 billion by 2030 Driven by Increasing Demand for Durable Plastic Packaging

SkyQuest projects that the global rigid plastics packaging market will attain a value of USD 203.42 billion by 2031, with a CAGR of 5.5% during the forecast period (2024-2031). One of the major factors driving the global rigid plastics packaging market expansion in recent years is the increasing demand for durable plastic packaging by the healthcare industry. The healthcare industry uses hard plastic packaging to protect medicines from infection. Chemical packaging must comply with international safety regulations. Consequently, rigid plastics are ideal for pharmaceutical installations due to their properties, which also include strength, light weight, purity and clarity. Westford, USA, Feb. 20, 2024 (GLOBE NEWSWIRE) — Some extended uses of polypropylene include medicine bottles, bottle caps and closures, and ketchup and syrup...

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Global Skateboard Market to Surpass USD 4.16 billion by 2030 Driven by Rising Popularity of Skating

SkyQuest projects that the global skateboard market will attain a value of USD 4.16 billion by 2030, with a CAGR of 4.38% during the forecast period (2023-2030). The rising popularity of figure skating as a sport in many countries increases the demand. In addition, it helps the body stay lean and in good physical shape. Another factor driving the growth of the global skateboard market during the forecast period is the rise in outdoor sports activities brought about by the fitness trend Events such as X Games and Street League have boosted the sales of skateboards while many people have seen the skateboarding. Westford, USA, Feb. 20, 2024 (GLOBE NEWSWIRE) — The International Olympic Committee announced that skateboarding will be part of the 2021 Winter Olympics in 2021. Moreover, images are important to increase consumer acceptance...

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UPDATE — IntelGenx Launches Preferred Share Regulation A Offering

SAINT LAURENT, Quebec, Feb. 20, 2024 (GLOBE NEWSWIRE) — IntelGenx Corp. (TSX:IGX) (OTCQB:IGXT) (the “Company” or “IntelGenx”) today announced the launch of a Regulation A offering of up to 2,000,000 shares of Series A Convertible Cumulative Preferred Stock (“Series A Preferred Stock”), par value $0.00001 per share, at an offering price of $10.00 per share (the “Offering”), for a maximum Offering amount of $20,000,000. Holders of the Series A Preferred Stock will be entitled to receive cumulative dividends in the amount of $0.20 per share each quarter, or 8% per year. Each share of Series A Preferred Stock will be convertible into twenty (20) shares of our common stock (“Common Stock) at the option of the holder, subject to certain conditions in accordance with the requirements of the Toronto Stock Exchange....

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ILUS Signs Letter of Intent to Acquire a British Manufacturer of Autonomous Vehicles While Completing its Next Phase of Restructuring for Anticipated Growth

NEW YORK, NY, Feb. 20, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – ILUS International Inc. (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and growing companies in the public safety, industrial, defense and renewable sectors. On February 16, 2024, the Company signed a letter of intent with a British company which has manufacturing and assembly facilities in the United Arab Emirates from which it manufactures and supplies autonomous vehicles as well as defense and public safety solutions. The definitive agreement is expected to be signed in the first quarter of 2024 and is currently intended to be structured as an equity deal of $3,000,000 with a mutually agreed leak out agreement which is expected to come into effect sometime after the intended in-progress business combination agreement with a NASDAQ...

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SOPHiA GENETICS to Announce Financial Results for the Fourth Quarter and Full-Year 2023 on March 5, 2024

BOSTON and ROLLE, Switzerland, Feb. 20, 2024 (GLOBE NEWSWIRE) — SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native software company and a leader in data-driven medicine, today announced it will release its financial results for the fourth quarter and full-year 2023 before U.S. markets open on Tuesday, March 5, 2024. On that day, SOPHiA GENETICS will host a conference call to discuss its financial results as well as business outlook beginning at 8:00 a.m. (08:00) EDT / 2:00 p.m. (14:00) CET. The call will be webcast live on the SOPHiA GENETICS Investor Relations website. Additionally, a replay will be available on the website after its completion. About SOPHiA GENETICS SOPHiA GENETICS (Nasdaq: SOPH) is a software company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research....

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UPDATE – Vianet Deploys DZS Award-Winning Velocity V6 Fiber Access System to Deliver its Customers Multi-Gigabit Bandwidth Capabilities

High capacity, high density DZS fiber access system provides Vianet subscribers some of the fastest bandwidth speeds available in northern Ontario DALLAS, Feb. 20, 2024 (GLOBE NEWSWIRE) — DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that Vianet, an Ontario, Canada-based regional communications service provider, is deploying the award-winning DZS Velocity V6 fiber access system to deliver its residential and business customers some of the fastest broadband speeds in northern Ontario. Leveraging the DZS Velocity V6 fiber access system provides Vianet with a clear path to multi-gigabit services leveraging Passive Optical Networking (PON) technology, including symmetric 10 gigabit per second (10 Gbps) capable XGS-PON. “We are in a fiercely competitive market, so we want...

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Alterity Therapeutics to Present New Data at the Upcoming American Academy of Neurology 2024 Annual Meeting

– Positive Efficacy Data for ATH434 in a Primate Model of Parkinson’s Disease to be Presented at International Conference – – Baseline Biomarker Data to be Presented from Ongoing ATH434-201 Phase 2 Clinical Trial – MELBOURNE, Australia and SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) — Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) (“Alterity” or “the Company”), a biotechnology company dedicated to developing disease modifying treatments for neurodegenerative diseases, today announced that three posters from the Company’s development pipeline will be presented at the American Academy of Neurology (AAN) 2024 Annual Meeting taking place April 13-18, 2024, in Denver, Colorado, USA. “We are thrilled to be presenting at this prestigious international neurology conference, including new baseline biomarker data on ATH434 from our ongoing...

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Canon Solutions America Recognized by William Paterson University for Contributions to Russ Berrie Institute for Professional Sales

Long-term support for students and the school’s National Sales Challenge has led to an influx of young sales talent to the companyMichael MellusiMichael Mellusi, vice president, Sales, Workplace Technologies and Services, Canon Solutions America, Inc. was recognized by William Paterson University for his contributions to the sales profession.MELVILLE, N.Y., Feb. 20, 2024 (GLOBE NEWSWIRE) — Simulating an environment that can emulate the landscape for a sales representative can be a challenge, but William Paterson University’s Russ Berrie Institute for Professional Sales continues to prepare the next generation of professionals with the on-going support of Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc. William Paterson University’s Cotsakos College of Business, located in Wayne, New Jersey,...

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Sun Country Airlines Extends its Fall Booking Schedule

Now serving over 100 destinations from Minneapolis-St. Paul MINNEAPOLIS, Feb. 20, 2024 (GLOBE NEWSWIRE) — Sun Country Airlines (NASDAQ: SNCY) is extending its selling schedule through December 10, 2024, allowing customers to book fall travel including Thanksgiving and Minnesota’s popular Oct. 17-20 school break long weekend. In addition, Sun Country has bolstered its schedules to leading travel destinations starting later this summer. Joining Sun Country’s growing list of new destinations from Minneapolis-St. Paul International Airport (MSP) is Monterey Regional Airport (MRY) in California and Manchester-Boston Regional Airport (MHT) in New Hampshire. “Sun Country proudly offers nonstop service from MSP to more than 100 destinations in 2024 giving our customers, and community an unparalleled breadth of destinations for a leisure...

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