Day: December 9, 2024

MANITOWOC, Wis., Dec. 09, 2024 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations, and maintenance service solutions, is pleased to announce a new relationship with a prominent energy management service provider that serves over 6,500 customer locations across the county. Orion expects this relationship to generate revenue of $2 – $5 million per year, with initial revenue anticipated in its fiscal 2025 fourth quarter ending March 31, 2025. Orion will conduct facility lighting audits, install lighting retrofits and provide ongoing maintenance support to improve energy efficiency and promote sustainability for the service provider’s diverse nationwide customer base. Additionally, it seeks to enhance the quality of...

BIO-key mentioned in two Gartner reports for passwordless and biometric authentication HOLMDEL, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions for phoneless, tokenless, passwordless, and phishing-resistant authentication experiences, today announced that it was proud to be recognized in two Gartner reports in the past twelve months. Both reports emphasize the importance of adopting passwordless authentication to mitigate security risks. To support organizations in their journey to passwordless, BIO-key has introduced additional options with its MobileAuth™ offering, demonstrating its commitment to secure and user-friendly authentication solutions. BIO-key’s MobileAuth biometric options include...

Vancouver, British Columbia, Dec. 09, 2024 (GLOBE NEWSWIRE) — Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB10) is pleased to highlight the polymetallic potential of its 168 km2 Viogor-Zanik project in eastern Bosnia in anticipation of the Phase II drilling results. After approximately 2,200 m of diamond drilling completed at Chumavichi, high grade Ag-Sb-Pb-Zn-Au mineralization has been confirmed at three targets spanning over 2 km along this shallow, fault-hosted, intermediate sulfidation, polymetallic vein system (Figures 1 and 2). At the Company’s second Viogor-Zanik target of Brezani (Figure 3), Terra discovered an auriferous skarn starting from surface, superimposed on a >1.2 km long, NE-shallowing Ag-Sb-Pb-Zn mineralized, fault-hosted permeability corridor itself overlying a porphyry andesitic...

New partner helps to further increase OPTs presence in region MONROE TOWNSHIP, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced a new partnership, with $3M of purchase order commitments over 36 months in Latin America. This increases by $1.5M the previously announced $1.5M of purchases orders in Latin America. The WAM-V USV’s, renowned for their cutting-edge technology and versatility, will be deployed in hydrographic applications and by utilizing their adaptability and reliability will provide our customer with an unrivaled versatile multi-application solution. This landmark order not only underscores the growing demand for OPT’s innovative...

Novel Compounds Demonstrate Promising Anti-Tumor Activity in Estrogen Receptor-Positive (ERα+) Breast Cancer, Including Endocrine-Resistant Tumors SEATTLE, Dec. 09, 2024 (GLOBE NEWSWIRE) — Atossa Therapeutics, Inc. (Nasdaq: ATOS) (“Atossa” or the “Company”), a clinical stage biopharmaceutical company developing innovative medicines in areas of significant unmet medical need in oncology with a focus on breast cancer, today announced the presentation of research investigating the anti-cancer activity of (Z)-endoxifen and its byproducts at the American Association for Cancer Research (AACR) Special Conference in Cancer Research, taking place in Toronto from December 9-11.  The poster, titled, “Anti-cancer activity of (Z)-endoxifen-related compounds in ERα+ breast cancer,” outlines results from a study investigating four...

– Approval triggers fourth and final US$5.9 million milestone payment to Conavi Medical, which it will use to extinguish the promissory note owed by it to EOM – – Conavi Medical eligible to receive future tiered royalty payments, ranging from 5.0%-10.0%, on net EOM coronary imaging system sales in China – TORONTO, Dec. 09, 2024 (GLOBE NEWSWIRE) — Conavi Medical Corp. (TSXV: CNVI) (“Conavi Medical” or the “Company”), a commercial stage company focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures, is pleased to announce that its exclusive licensing partner in China, East Ocean Medical (Hong Kong) Company Limited (“EOM”), has received approval by the China National Medical Products Administration (“NMPA”) for its coronary imaging system, which is based...

Meets sustained demand for Low Earth Orbit Satellite products ROCHESTER, NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced that it has secured over $2.1 million in orders for its ultra-high-precision space optics. The company will utilize its dedicated production cell to continue delivering products. “Continued orders demonstrate the sustained demand for our advanced optics solutions in the Low Earth Orbit (LEO) satellite market,” said Syntec Optics CFO Dean Rudy. “Our continued commitment to vertical integration, including in-house preform production, allows us to meet the demanding requirements of monthly satellite launches.” Syntec’s demonstrated expertise...

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — StoneX Group Inc. (“StoneX”; NASDAQ: SNEX) announces changes to its executive management team. At its recently concluded meeting of the StoneX Board of Directors (the “Board”), several changes to StoneX’s executive management team were approved. These changes include:Sean O’Connor, StoneX’s current Chief Executive Officer, will become Executive Vice-Chairman of the Board of Directors; Philip Smith, currently a member of StoneX’s executive committee responsible for the Commercial and Payments business segments, will become Group Chief Executive Officer; and Charles Lyon, currently a member of StoneX’s executive committee responsible for the Institutional business segment, will become Group President.Mr. O’Connor will continue to be an active member of StoneX’s executive committee with...

SOMERSET, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company” or “CareCloud”) (Nasdaq: CCLD CCLDO, CCLDP), a leader in healthcare information technology solutions for medical practices and health systems nationwide, today announced the solicitation of proxies from its common stock (the “Common Stock”) shareholders to approve an increase in its authorized shares. This increase is designed to support the Company’s growth initiatives and corporate objectives. Focus on Growth Mahmud Haq, Founder and Executive Chairman of CareCloud’s Board of Directors stated, “As CareCloud’s largest common stockholder, Founder and Executive Chairman, I enthusiastically support this proposal. Our board and executive team collectively own more than 38% of the Common Stock and we firmly believe that increasing the number of authorized...

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today announced it has been named one of the Best Places to Work in Money Management by Pensions & Investments for the second consecutive year. Presented by Pensions & Investments, the global news source of money management and institutional investing, the 13th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry. “We are deeply gratified to be recognized again by Pensions & Investments as one of the Best Places to Work in Money Management. This honor is a testament to our unwavering commitment to fostering a workplace culture...