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Day: August 26, 2024

SEALSQ Utilizes Ultra-Secure Data Centers in Switzerland to Store and Process Vast Amounts of Data Generated by Its Sensors and Semiconductors

Geneva, Switzerland, Aug. 26, 2024 (GLOBE NEWSWIRE) — SEALSQ uses AI-driven techniques such as machine learning, deep learning, and computer vision to analyze and interpret the incoming data streams, which when applied to data ranging from predictive maintenance insights in factories to real-time environmental monitoring in cities, provide businesses with the ability to optimize operations, reduce downtime, and enhance decision-making capabilities. SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that it is taking a significant step forward in the realm of IoT data security by utilizing ultra-secure data centers in Switzerland to store and process vast amounts...

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Hillman Acquires Intex DIY, Expands Position in Cleaning Products Category

CINCINNATI, Aug. 26, 2024 (GLOBE NEWSWIRE) — Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, today announced that it has acquired Intex DIY, Inc. (“Intex”), a leading supplier of wiping cloths, consumable rags and cleaning textiles. This acquisition expands Hillman’s Protective Solutions (“PS”) business, which includes America’s best-selling work glove, Firm Grip, as well as other consumer favorites like Gorilla Grip, Grease Monkey, AWP and Digz. Additionally, Hillman recently entered into a new partnership with Kontoor Brands to launch work gloves under the popular Wrangler® brand, which Hillman expects to roll out in 2025. Since its founding in 2005, Intex has developed patented and innovative products which have helped reinvent the cleaning...

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Alarum Technologies Announces Second Quarter 2024 Results

Concludes strong first half of 2024 with record revenues of $17.3 million, progressing profitability metrics, solid cash generation and $21.6 million in cash and equivalents TEL AVIV, Israel, Aug. 26, 2024 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of internet access and web data collection solutions, today announced financial results for the second quarter ended June 30, 2024.  “Today we announced the results of yet another strong record-breaking quarter, marking the first year since we announced our shift to focusing on Enterprise Internet Access through our NetNut data collection product line,” said Mr. Shachar Daniel, Chief Executive Officer of Alarum. “As we intend to establish the broadest data collection and insights offering in the market, we continued...

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Golconda Gold Ltd. Releases Financial and Operating Results for Q2 2024

TORONTO, Aug. 26, 2024 (GLOBE NEWSWIRE) — Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce the release of its financial results for the three and six months ended June 30, 2024. A copy of the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2024, prepared in accordance with International Financial Reporting Standards, and the corresponding management’s discussion and analysis (the “MD&A”), are available under the Company’s profile on www.sedarplus.ca. All references to “$” in this press release refer to United States dollars. Second Quarter 2024 (“Q2 2024”) Highlights:mined 16,623 tonnes of ore from its Galaxy and Princeton ore bodies, with an average grade of 3.03 grammes per tonne (g/t) compared to 13,492 tonnes...

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Blockmate investee Hivello partners with Mysterium DePIN network

TORONTO, Aug. 26, 2024 (GLOBE NEWSWIRE) — Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to announce that its investee, Hivello Holdings Ltd has entered into a strategic partnership with Mysterium Network, a decentralized Virtual Private Network (VPN) platform, that will increase the reach and passive income capabilities of users on both the Mysterium Network and Hivello platforms. This collaboration enhances the passive earning capacity of Hivello users, who can generate income by sharing their unused computing power. Through this collaboration, Hivello users will have the option to also share their internet bandwidth as a Mystnode on the Mysterium Network as another option to earn passive income. Similarly, Mysterium will enhance the integration by linking Hivello to...

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Columbia Financial, Inc. Announces Receipt of Regulatory Approval for Merger of Freehold Bank Into Columbia Bank

FAIR LAWN, N.J., Aug. 26, 2024 (GLOBE NEWSWIRE) — Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”), the mid-tier holding company for Columbia Bank and Freehold Bank, announced today that Columbia Bank has received the requisite regulatory approval from the Office of the Comptroller of the Currency necessary to merge Freehold Bank with and into Columbia Bank. The transaction is expected to be completed on October 5, 2024, which is also the anticipated systems conversion date for the merger. The closing of the merger is subject to customary closing conditions. About Columbia Financial, Inc. Columbia Financial, Inc. is a Delaware corporation organized as Columbia Bank’s mid-tier stock holding company. Columbia Financial, Inc. is a majority-owned subsidiary of Columbia Bank, MHC. Columbia Bank is a federally chartered...

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Vericel Announces FDA Approval and Commercial Availability of MACI Arthro

First Restorative Biologic Cartilage Repair Product Approved for Arthroscopic Administration Targets the Largest Segment of MACI’s $3 Billion Addressable Market CAMBRIDGE, Mass., Aug. 26, 2024 (GLOBE NEWSWIRE) — Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that the U.S. Food and Drug Administration (FDA) has approved a supplemental Biologics License Application (sBLA) expanding the MACI® (autologous cultured chondrocytes on porcine collagen membrane) label to include arthroscopic delivery of MACI to repair symptomatic single or multiple full-thickness cartilage defects of the knee up to 4 cm2 in size. MACI ArthroTM provides a less invasive technique compared to the current approach, allowing surgeons to evaluate and prepare the defect site...

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Archrock Announces Early Results and Initial Settlement Date for Tender Offer for its 6.875% Senior Notes due 2027

HOUSTON, Aug. 26, 2024 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that it had received tenders for an aggregate principal amount of approximately $312.3 million of its outstanding 6.875% Senior Unsecured Notes due 2027 (the “Notes”) in its previously announced cash tender offer (the “offer”) to purchase up to $200 million aggregate principal amount (the “Tender Cap”) of the $500 million aggregate principal amount outstanding of the Notes, as of 5:00 p.m., New York City time, on August 23, 2024 (the “Early Tender Deadline”), as well as the initial settlement date for the offer on August 26, 2024 (the “Initial Settlement Date”). The offer is being made pursuant to the terms and conditions contained in the Offer to Purchase dated August 12, 2024, copies of which may be obtained from D.F. King &...

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Flow Capital Announces US$15 Million Credit Facility

TORONTO, Aug. 26, 2024 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company“), a leading provider of growth venture debt in the form of senior secured loans to high-growth companies, is pleased to announce that it has entered into a loan agreement (the “Loan Agreement“) with TBK Bank, SSB (“Triumph”), for a revolving committed credit facility in the principal amount of up to US$15 million. Flow Capital intends to use the credit facility to finance additional investments and for general operating and corporate purposes. “Partnering with Triumph marks a significant milestone for Flow Capital,” said Alex Baluta, CEO of Flow Capital. “We are thrilled that Triumph has the confidence in our track record, processes, team, and overall strategy, to partner with us.” “As...

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Kraig Biocraft Laboratories Significantly Increases Spider Silk Reeling Efficiency, Boosting Per Cocoon Yield

ANN ARBOR, Mich., Aug. 26, 2024 (GLOBE NEWSWIRE) — Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company” or “Kraig Labs”), announces today that it has further boosted spider silk production with the introduction of new silk cocoon reeling protocols resulting in higher silk yields.Under the guidance of renowned sericulture expert, Dr. Nirmal Kumar, the Kraig Labs production team modified the processing of its finished silk cocoons, increasing total silk yields per cocoon and improving reeling performance. These mechanical changes to the processing and handling of the Company’s spider silk cocoons resulted in a near doubling of reeling efficiency compared to the prior production runs. “Increasing processing efficiency and cocoon yield was one of Kraig’s top three goals for increasing...

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