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Day: March 21, 2024

Maris-Tech Announces Full Year 2023 Financial Results and a Record Revenue Year

Annual Revenues of Approximately $4.0 million for the Year Ended December 31, 2023, Representing 60% Growth in Revenue Over 2022 REHOVOT, Israel, March 21, 2024 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of artificial intelligence (“AI”) accelerated video solutions for edge platforms, today announced its financial results for the year ended December 31, 2023. Revenues for the year ended December 31, 2023, were approximately $4.0. million, an increase of 60% compared to approximately $2.5 million for the year ended December 31, 2022. Gross profit for the year ended December 31, 2023, was approximately $1.9 million, an increase of 138% compared to approximately $0.8 million for the year ended December 31, 2022. Net loss for the year ended December 31, 2023, was approximately...

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Alliance Entertainment Begins Installation of Cost-Saving OPEX Sure Sort X Sortation Technology at Kentucky Warehouse

3 Year ROI With Current Processes Redirected into Sure Sort X with Expected Time Frame Reduction Through Streamlining Additional Processes, New Capabilities and Continuous Improvement PLANTATION, Fla., March 21, 2024 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, has commenced installation at its Kentucky facility of Sure Sort® X, a cost-saving sortation technology system from warehouse automation solutions provider OPEX®, to be completed April 1st, 2024. Utilizing this new Sure Sort X technology will result in annual labor savings of nearly $400,000 for Alliance Entertainment, along with an immediate savings of $460,000 from avoiding retrofitting older sorting technology set...

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Connexa Announces Entry into an Agreement to Acquire a 70% Stake in Yuanyu Enterprise Management Co., Limited for Cash and Shares

Hong Kong-based, operating matchmaking services in emerging Love & Marriage sector. Owner of multiple patented matchmaker AI technologies. Hand-in-Hand branded retail stores, key advantage over competition. FY23 royalty revenue of $1.9 million with licensing agreements in place to deliver $77 million in royalties over the next 3 years.Windsor Mills, MD, March 21, 2024 (GLOBE NEWSWIRE) — Connexa Sports Technologies Inc. (Nasdaq:CNXA) today announced that, subject to shareholder approval, it has signed definitive share purchase and share exchange agreements to acquire a 70% stake in Yuanyu Enterprise Management Co., Limited (YYEM) for a combined value of $56 million. The transaction will be carried out in two steps, with an initial 20% stake having been completed against payment of $16.5 million in cash, and the residual...

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LIXTE Provides Update on Progress with LB-100 as a PP2A Inhibitor to Enhance Chemotherapy and Immunotherapy Cancer Treatments

— Three Clinical Trials Currently Underway for Treating Ovarian, Lung and Sarcoma Cancers — PASADENA, Calif., March 21, 2024 (GLOBE NEWSWIRE) — LIXTE Biotechnology Holdings, Inc. (“LIXTE” or the “Company”) (Nasdaq: LIXT and LIXTW), a clinical-stage pharmaceutical company developing a new class of cancer therapy to enhance chemotherapy and immunotherapy, today provided an update on the Company’s progress with its proprietary compound, LB-100. “Clinical trials are underway at leading cancer centers in the United States and Spain using LB-100 in combination with chemotherapy and immunotherapy that we are hopeful will provide new and effective treatment options for patients with lung, ovarian and sarcoma cancers,” said Bas van der Baan, LIXTE’s President and Chief Executive Officer. Clinical trials are taking place at the...

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Kura Sushi USA to Announce Fiscal Second Quarter 2024 Financial Results on April 4, 2024

IRVINE, Calif., March 21, 2024 (GLOBE NEWSWIRE) — Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”), (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced that it will host a conference call to discuss fiscal second quarter 2024 financial results on Thursday, April 4, 2024 at 5:00 p.m. ET. A press release with fiscal second quarter 2024 financial results will be issued that same day after the market closes. Hosting the conference call and webcast will be Hajime “Jimmy” Uba, President and Chief Executive Officer, Jeff Uttz, Chief Financial Officer, and Benjamin Porten, SVP Investor Relations & System Development. Interested parties may listen to the conference call via telephone by dialing 201-689-8471. A telephone replay will be available shortly after the call has concluded and can be accessed...

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CISO GLOBAL RECOGNIZED ON CRN’S 2024 MSP 500 LIST IN THE SECURITY 100 CATEGORY

Scottsdale, Ariz., March 21, 2024 (GLOBE NEWSWIRE) — CISO Global, Inc . (NASDAQCM: CISO), an industry leader in proprietary software, managed cybersecurity, and compliance, announced today that CRN®, a brand of The Channel Company, has named CISO Global to its Managed Service Provider (MSP) 500 list in the Security 100 category for 2024. The MSP 500 list compiled by CRN serves as a comprehensive guide to identifying and recognizing the top Managed Service Providers (MSPs) in North America. MSPs play a crucial role in supporting businesses by offering managed services that enhance efficiency, simplify IT solutions, and optimize return on investment. CISO Global is an industry leader with a proactive approach to managed cybersecurity and compliance. In addition to delivering a comprehensive suite of end-to-end managed security services,...

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Coveo to Showcase the Significant Impact of AI and GenAI to Improve Digital Experiences at 10th Edition of Relevance 360° Virtual Event

AI Futurist Zack Kass, former Head of GTM for OpenAI; Rowan Curran, Forrester Senior Analyst; and senior executives from SAP and Xero will join Coveo Executives to talk about how AI Search and Generative Answering at every point of experience is a total ‘gain’ changer for enterprisesCoveo to Showcase the Significant Impact of AI and GenAI to Improve Digital Experiences at 10th Edition of Relevance 360° Virtual EventCoveo announces the speakers for the 10th edition of Coveo Relevance 360° on March 27, 2024, at 11:00AM ET for a virtual 60-minute AI Strategy event.MONTREAL and SAN FRANCISCO, March 21, 2024 (GLOBE NEWSWIRE) — Coveo (TSX:CVO), a leading provider of enterprise AI platforms that enable individualized, connected, and trusted digital experiences at scale with AI search, AI recommendations, GenAI answering...

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Dyadic to Attend Future Food Tech Event March 21 – 22, 2024 in San Francisco, California

JUPITER, Fla., March 21, 2024 (GLOBE NEWSWIRE) — Dyadic International, Inc. (“Dyadic”, or the “Company”) (NASDAQ: DYAI), a global biotechnology company focused on building innovative microbial platforms to address the growing demand for global protein bioproduction and unmet clinical needs for effective, affordable and accessible biopharmaceutical products for human and animal health, and alternative proteins for food, nutrition and wellness, today announced that Joseph Hazelton, Chief Business Officer and Doug Pace, Executive Vice President of Business Development will be attending the Future Food-Tech “Innovation & Investment from Farm to Fork” event March 21 – 22, 2024 at the San Francisco Marriott Marquis in California. Dyadic will be showcasing its Dapibus™ Microbial Expression System and providing updates on the...

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LED Lighting and EV Charging Solutions Provider Orion to Webcast LD Micro Investor Conference Presentation Tuesday, April 9th at 9:00am ET

NEW YORK and MANITOWOC, Wis., March 21, 2024 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging station, and maintenance service solutions, announced it will be presenting at the 14th Annual LD Micro Invitational investor conference at the Sofitel New York Hotel, on Tuesday, April 9th at 9:00 a.m. ET. Orion’s management will also be available throughout the day for in-person investor meetings. Orion’s presentation is open to all investors via an online webcast available here. CEO Mike Jenkins and CFO Per Brodin will provide an overview of Orion’s business lines, value proposition, competitive position, cross-selling opportunities and growth outlook, followed by a Q&A session. Contact Dean Summers (dean@ldmicro.com) to register...

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Capricor Therapeutics to Present at Upcoming Investor Conferences

SAN DIEGO, March 21, 2024 (GLOBE NEWSWIRE) — Capricor Therapeutics (NASDAQ: CAPR), a biotechnology company developing transformative cell and exosome-based therapeutics for the treatment and prevention of rare diseases, today announced that the Company is scheduled to present at two upcoming investor conferences.Event: H.C. Wainwright 2nd Annual Cell Therapy ConferencePresentation: March 26, 2024 at 2:00 p.m. ETFormat: Virtual fireside chat and one-on-one meetings   Event: Cantor Fitzgerald’s Muscular Dystrophy SymposiumPresentation: April 3, 2024 at 1:30 p.m. ETFormat: Virtual fireside chat   Dr. Linda Marbán, Capricor’s chief executive officer will present updates on Capricor’s recent progress on its lead program of CAP-1002 for the treatment of Duchenne muscular dystrophy (DMD) as well as other general...

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