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Day: February 26, 2025

Kneat Achieves Record Revenue for Fourth Quarter and Full Year 2024

LIMERICK, Ireland, Feb. 26, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTC: KSIOF) (“Kneat” or the “Company”) a leader in digitizing and automating validation and quality processes, today announced financial results for the three- and twelve-month periods ended December 31, 2024. All dollar amounts are presented in Canadian dollars unless otherwise stated.Total revenue reaches $13.7 million in the fourth quarter, an increase of 40% year over year Fourth-quarter gross profit grew 48% year over year to $10.4 million Annual Recurring Revenue (ARR)1 at December 31, 2024, reaches $59.7 million, an increase of 60% year over year“Our sustained revenue growth, expanding margins and solid traction across all areas of Validation demonstrate the durability of our business model. With companies throughout the Life Sciences adopting...

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DIRTT Reports Fourth Quarter 2024 Financial Results

CALGARY, Alberta, Feb. 26, 2025 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and twelve months ended December 31, 2024. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Fourth Quarter 2024 Highlights and Recent DevelopmentsRevenue of $48.9 million, a decrease of $2.0 million or 4% from the same period in 2023, and a $5.5 million or 13% increase from the third quarter of 2024. Our annual revenue of $174.3 million was in line with the expected guidance range of $165–$175 million provided in the second quarter of 2024.Gross profit and gross profit margin improved to $17.5 million or 35.9% of revenue...

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Urgently Announces Capital Structure Improvements and Secures up to $20 Million in New Financing

Additional capital structure improvements and financing will support business growth initiatives VIENNA, Va., Feb. 26, 2025 (GLOBE NEWSWIRE) — Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, announced today that it has reached an agreement with its lenders resulting in significant capital structure improvements. Urgently has entered into a new credit agreement for an asset-based revolving credit facility for up to $20 million with MidCap Financial, which will be used to repay existing indebtedness to its first lien lenders and to help the Company advance its mission to transform the legacy roadside assistance market and to develop and define the new market for connected mobility assistance services for automotive, insurance, fleet, logistics,...

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Kimco Realty® Management to Present at the Citi 2025 Global Property CEO Conference

JERICHO, N.Y., Feb. 26, 2025 (GLOBE NEWSWIRE) — Kimco Realty® (NYSE: KIM) announced today that its management will present at the Citi 2025 Global Property CEO Conference on Monday, March 3, 2025. Event: Kimco Realty® Management Presentation When: Monday, March 3, 2025, from 7:30 AM – 8:05 AM, ET Live Webcast: Kimco Realty Management to Present at Citi Conference A replay of the webcast will be available 12 hours after the conclusion of the live event until March 2, 2026, at the above link. About Kimco Realty® Kimco Realty® (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company’s portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets,...

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WSP Reports Strong Results and Successfully Concludes Strategic Cycle

Strong year end results surpassing Management’s expectations on growth and profitability Mid- to high-single-digit net revenue organic growth(4) in the 2022-2024 strategic cycle Q4 2024 results exceeding expectations driven by high level of net revenue organic growth Strong free cash flow(2) generation Robust balance sheet supporting continued growth aspirations Well positioned to implement 2025-2027 Global Strategic Action PlanMONTREAL, Feb. 26, 2025 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world’s leading professional services firms, today announced financial results for the fourth quarter and year ended December 31, 2024.  Fourth quarters ended Years ended(in millions of dollars, except percentages, per share data, DSO and ratios) December 31, 2024 December 31,...

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InterDigital Honors Innovation Leaders Martino Freda and Philippe Bordes as 2025 Inventors of the Year

Martino and Philippe are celebrated for outstanding innovations contributing to evolutions in device communications and improved video delivery WILMINGTON, Del., Feb. 26, 2025 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, annually honors the company’s outstanding inventors for the ingenuity and impact of their innovation. This year, InterDigital named Martino Freda and Philippe Bordes as winners of the 2025 Inventor of the Year award, recognizing their future-looking and foundational contributions to wireless communication, video codecs and delivery protocols that continue to shape the ways we communicate, experience new content, and unlock new services. Celebrating the cornerstones of InterDigital’s innovation, the Inventor of the Year award recognizes...

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Interpublic Group to Present at the 2025 Morgan Stanley Technology, Media & Telecom Conference

New York, NY, Feb. 26, 2025 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) senior management will present at the 2025 Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4th, 2025, at 2:30 pm Eastern Time/11:30 am Pacific Time, as scheduled. A link to the live webcast will be posted on the day of the conference on the Investor Relations section of Interpublic’s website (http://investors.interpublic.com) where it will remain available for replay for 30 days. # # # About InterpublicInterpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world’s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Initiative, IPG Health, IPG Mediabrands,...

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Beyond Oil Announces First Distribution Agreement in South Africa

New Agreement with Minrosolve Proprietary Marks an Important Milestone in Beyond Oil’s Accelerating Global Expansion VANCOUVER, B.C. and KIBBUTZ YIFAT, ISRAEL, Feb. 26, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce its entry into the African market through a new distribution agreement with Minrosolve Proprietary in South Africa. This agreement marks Beyond Oil’s first commercial presence in Africa, launching in one of the continent’s largest and most dynamic economies. Minrosolve Proprietary, a distributor with strong ties to a major real estate group and an extensive...

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NTA and Enlight Sign a $22m Power Purchase Agreement

NTA, a government-owned company building the light rail and metro in the Tel Aviv metropolitan region, will operate the mass transit network using clean energy supplied by Enlight The agreement significantly reduces NTA’s electricity costs TEL AVIV, Israel, Feb. 26, 2025 (GLOBE NEWSWIRE) — Enlight Renewable Energy (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announced today that NTA Metropolitan Mass Transit System Ltd. (“NTA”) has signed a 5-year PPA with an aggregate value of $22m, and also includes an option to significantly increase purchase volumes through the life of the contract. The agreement was signed within the framework of Israel’s deregulated electricity market, which allows independent power producers to enter into direct sales agreements with consumers. The agreement...

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Kratos & RAFAEL Establish Prometheus Energetics Joint Venture, a U.S.-Based Merchant Supplier of Solid Rocket Motors

SAN DIEGO, Feb. 26, 2025 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, and RAFAEL Advanced Defense Systems Ltd., today announced an approximate 50/50 partnership for the establishment of a U.S.-based merchant supplier of solid rocket motors (SRMs) and other energetics. The new joint venture, named Prometheus Energetics (“Prometheus”), is set to be headquartered on an approximate 500-acre site near the United States Navy and Army facility in Crane, Indiana. Kratos and RAFAEL (through its U.S. based subsidiary RAFAEL USA) have jointly committed up to $175 million in capital for the establishment of Prometheus and required property, plant, equipment and personnel needed for the new, state-of-the-art energetics manufacturing...

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