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edtsum4463
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CHARLOTTE, N.C., Aug. 17, 2020 /PRNewswire/ -- Novant Health today announced it is the first in the Carolinas to offer a scalpel-free treatment for essential tremor and medication-refractory tremor-dominant Parkinson's disease. The new option called MR-guided focused ultrasound uses sound wave energy to treat brain tissue that is the source of the tremor. No surgical incision or anesthesia is necessary, and many patients experience immediate and significant reduction in hand tremors, which can make daily activities challenging. Novant Health has partnered with INSIGHTEC, a global medical technology innovator to bring this breakthrough technology to Charlotte. It will be the only hospital system between central Virginia and Florida to offer this new incisionless treatment of tremor. "With MR-guided focused ultrasound, we are able to perform a procedure on the brain without a scalpel or making a single incision," said Dr. Eric Deshaies, neurosurgeon and system physician executive of the Novant Health Neuroscience & Psychiatry Institute. "We are proud to be the only hospital system in this region to offer this innovative solution to treat tremors." MR-guided focused ultrasound combines two technologies: magnetic resonance imaging (MRI), which pinpoints the exact location in the brain responsible for the tremor, and ultrasound, which precisely delivers over 1,000 highly focused beams of acoustic energy at that exact location without damaging any surrounding brain tissue. Benefits of MR-guided focused ultrasound include: No surgical incisions resulting in reduced risk of infection. Quick recovery time, allowing a return to daily activities within days. Performed as an outpatient procedure most patients go home within 23 hours. Immediate and significant reduction in hand tremors. Treatment has minimum side effects. Beginning in September, this new technology will be offered at Novant Health Mint Hill Medical Center, a community hospital in Charlotte. It will be led by a team of expert neurologists and neurosurgeons, including the head of functional and restorative neurosurgery for Novant Health, Dr. Charles Munyon. "Our team is very excited to bring this technology to the region and to open up access to potentially life-changing treatment that until now has required long wait times and significant travel for patients in the Carolinas," said Munyon. "Many tremor patients have suffered for years or even decades with this debilitating and progressive condition and helping them regain the ability to dress and feed themselves, or just live a more active and independent lifestyle, is extremely rewarding." About essential tremorEssential tremor may start as relatively mild, but often progresses to be severe, impacting quality of life. The tremors, which are often most severe in the hands, can interfere with daily activities like getting dressed, eating, drinking and writing. Most people with essential tremor are otherwise healthy. About tremor-dominant Parkinson's diseaseFor an estimated 10% of Parkinson's patients, tremor is the primary symptom with the most severe impact on daily activities. As the disease progresses, patients may experience the onset of other symptoms, but the tremor remains the one with the most severe impact on daily activities. Traditionally, doctors have treated people with Parkinson's disease and essential tremors with medications or by surgically attaching a small electrode in the brain connected to a pulse generator implanted in the chest. MR-guided focused ultrasound provides an incisionless treatment option for individuals who do not respond to medications. "This technology makes Novant Health and Charlotte a regional, and even national, referral site for essential tremor and tremor dominant Parkinson's disease," said Saad Ehtisham, president of the Novant Health greater Charlotte market. "Because there are no surgical incisions to check after this procedure, in-person appointments are not necessary, making this treatment option ideal for patients who have to travel to Charlotte for this procedure. This is an exciting milestone for patients and for Novant Health." For more information about MR-guided focused ultrasound, contact [emailprotected] or call 1-800-892-0696. About Novant Health Novant Health is an integrated network of physician clinics, outpatient facilities and hospitals that delivers a seamless and convenient healthcare experience to communities in Virginia, North and South Carolina, and Georgia. The Novant Health network consists of more than 1,600 physicians and over 29,000 employees that provide care at nearly 700 locations, including 15 hospitals and hundreds of outpatient facilities and physician clinics. In 2020, Novant Health was the only healthcare system in North Carolina to be included on Forbes' Best Employers for Diversity list. Diversity MBA Magazine has also ranked Novant Health third on its 2019 list of "Best Places for Women & Diverse Managers to Work." Novant Health provided more than $993.2 million incommunity benefit, including financial assistance and services, in 2019. For more information, please visit our website at NovantHealth.org. You can also follow us on Twitter and Facebook. SOURCE Novant Health Related Links https://www.novanthealth.org
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Novant Health is first in the Carolinas to offer incisionless brain surgery for treatment of essential and Parkinson's tremor Revolutionary technology gives patients immediate relief of debilitating tremors
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CHARLOTTE, N.C., Aug. 17, 2020 /PRNewswire/ -- Novant Health today announced it is the first in the Carolinas to offer a scalpel-free treatment for essential tremor and medication-refractory tremor-dominant Parkinson's disease. The new option called MR-guided focused ultrasound uses sound wave energy to treat brain tissue that is the source of the tremor. No surgical incision or anesthesia is necessary, and many patients experience immediate and significant reduction in hand tremors, which can make daily activities challenging. Novant Health has partnered with INSIGHTEC, a global medical technology innovator to bring this breakthrough technology to Charlotte. It will be the only hospital system between central Virginia and Florida to offer this new incisionless treatment of tremor. "With MR-guided focused ultrasound, we are able to perform a procedure on the brain without a scalpel or making a single incision," said Dr. Eric Deshaies, neurosurgeon and system physician executive of the Novant Health Neuroscience & Psychiatry Institute. "We are proud to be the only hospital system in this region to offer this innovative solution to treat tremors." MR-guided focused ultrasound combines two technologies: magnetic resonance imaging (MRI), which pinpoints the exact location in the brain responsible for the tremor, and ultrasound, which precisely delivers over 1,000 highly focused beams of acoustic energy at that exact location without damaging any surrounding brain tissue. Benefits of MR-guided focused ultrasound include: No surgical incisions resulting in reduced risk of infection. Quick recovery time, allowing a return to daily activities within days. Performed as an outpatient procedure most patients go home within 23 hours. Immediate and significant reduction in hand tremors. Treatment has minimum side effects. Beginning in September, this new technology will be offered at Novant Health Mint Hill Medical Center, a community hospital in Charlotte. It will be led by a team of expert neurologists and neurosurgeons, including the head of functional and restorative neurosurgery for Novant Health, Dr. Charles Munyon. "Our team is very excited to bring this technology to the region and to open up access to potentially life-changing treatment that until now has required long wait times and significant travel for patients in the Carolinas," said Munyon. "Many tremor patients have suffered for years or even decades with this debilitating and progressive condition and helping them regain the ability to dress and feed themselves, or just live a more active and independent lifestyle, is extremely rewarding." About essential tremorEssential tremor may start as relatively mild, but often progresses to be severe, impacting quality of life. The tremors, which are often most severe in the hands, can interfere with daily activities like getting dressed, eating, drinking and writing. Most people with essential tremor are otherwise healthy. About tremor-dominant Parkinson's diseaseFor an estimated 10% of Parkinson's patients, tremor is the primary symptom with the most severe impact on daily activities. As the disease progresses, patients may experience the onset of other symptoms, but the tremor remains the one with the most severe impact on daily activities. Traditionally, doctors have treated people with Parkinson's disease and essential tremors with medications or by surgically attaching a small electrode in the brain connected to a pulse generator implanted in the chest. MR-guided focused ultrasound provides an incisionless treatment option for individuals who do not respond to medications. "This technology makes Novant Health and Charlotte a regional, and even national, referral site for essential tremor and tremor dominant Parkinson's disease," said Saad Ehtisham, president of the Novant Health greater Charlotte market. "Because there are no surgical incisions to check after this procedure, in-person appointments are not necessary, making this treatment option ideal for patients who have to travel to Charlotte for this procedure. This is an exciting milestone for patients and for Novant Health." For more information about MR-guided focused ultrasound, contact [emailprotected] or call 1-800-892-0696. About Novant Health Novant Health is an integrated network of physician clinics, outpatient facilities and hospitals that delivers a seamless and convenient healthcare experience to communities in Virginia, North and South Carolina, and Georgia. The Novant Health network consists of more than 1,600 physicians and over 29,000 employees that provide care at nearly 700 locations, including 15 hospitals and hundreds of outpatient facilities and physician clinics. In 2020, Novant Health was the only healthcare system in North Carolina to be included on Forbes' Best Employers for Diversity list. Diversity MBA Magazine has also ranked Novant Health third on its 2019 list of "Best Places for Women & Diverse Managers to Work." Novant Health provided more than $993.2 million incommunity benefit, including financial assistance and services, in 2019. For more information, please visit our website at NovantHealth.org. You can also follow us on Twitter and Facebook. SOURCE Novant Health Related Links https://www.novanthealth.org
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edtsum4466
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, Dec. 21, 2020 /PRNewswire/ --As a reminder, The Conference Board's December Consumer Confidence Index release date has moved from December 29th at 10 AM ET to tomorrow, December 22nd, at 10 AM ET. About The Conference BoardThe Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org SOURCE The Conference Board Related Links http://www.conference-board.org
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The Conference Board Consumer Confidence Index for December to be Released Tomorrow, December 22, at 10 AM ET
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NEW YORK, Dec. 21, 2020 /PRNewswire/ --As a reminder, The Conference Board's December Consumer Confidence Index release date has moved from December 29th at 10 AM ET to tomorrow, December 22nd, at 10 AM ET. About The Conference BoardThe Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org SOURCE The Conference Board Related Links http://www.conference-board.org
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edtsum4474
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MENLO PARK, Calif.--(BUSINESS WIRE)--Intersect ENT, Inc. (Nasdaq: XENT), a global ear, nose and throat (ENT) medical technology leader dedicated to transforming patient care, today announced that it began the process of initiating the Companys EXPAND Clinical Study by successfully registering on ClinicalTrials.gov (NCT04858802). EXPAND is a prospective, randomized, single-blind, intra-patient controlled, post-market clinical trial enrolling approximately 80 patients in the United States. The EXPAND studys primary objective is to evaluate the efficacy of the Companys PROPEL Contour (mometasone furoate) sinus implant when placed in the frontal sinus ostium following in-office balloon dilation in patients with chronic rhinosinusitis (CRS) as compared to balloon sinus dilation alone. Patients will be assessed at various intervals throughout the study with a final follow up at 6 months. Consistent with the Companys strategic initiative to drive more procedural growth into the office site of care, the EXPAND trial will focus on the clinical benefits of the PROPEL Contour implant in reducing inflammation and maintaining patency following sinus surgery when used in combination with balloon sinus dilation in patients suffering from CRS. There are approximately 150,000 balloon sinus dilation procedures performed annually in the United States with a substantial number of these procedures treating the frontal sinus ostia in ENT surgeons offices. In addition to near-term study claims, positive EXPAND results could also provide a pathway for the Company to consider additional clinical studies demonstrating the durability of outcomes to support label expansion and the collection of valuable health economic evidence for the use of PROPEL Contour in conjunction with balloon sinus dilation procedures. In our PROPEL Contour PROGRESS trial we observed a cohort of patients that received balloon dilation and PROPEL Contour resulting in a larger frontal sinus ostia opening versus the control group without PROPEL at day 30, states Thomas A. West, President and CEO of Intersect ENT. With the launch of our VenSure sinus balloon following the acquisition of Fiagon AG, we would like to expand the number of patients examined and further solidify the benefit of PROPEL Contour post-sinus balloon dilation. The Company anticipates enrollment to begin in the EXPAND trial in May 2021 and targets completion of enrollment by year-end with results in 2022. The PROPEL Contour Steroid Releasing Sinus Implant The PROPEL Contour sinus implant is intended to maintain patency of the frontal and maxillary sinus ostia and locally deliver steroid to the sinus mucosa in patients 18 years of age following sinus surgery. Contraindications include patients with confirmed hypersensitivity or intolerance to mometasone furoate (MF) or hypersensitivity to bioabsorbable polymers. Safety and effectiveness of the implant in pregnant or nursing females have not been studied. Risks may include, but are not limited to, pain/pressure, displacement of the implant, possible side effects of intranasal MF, sinusitis, epistaxis, and infection. For full prescribing information see IFU at www.IntersectENT.com/technologies/. Rx only. About Intersect ENT Intersect ENT is a global ear, nose and throat medical technology leader dedicated to transforming patient care. The Companys steroid releasing implants are designed to provide mechanical spacing and deliver targeted therapy to the site of disease. In addition, Intersect ENT is continuing to expand its portfolio of products based on the Companys unique localized steroid releasing technology and is committed to broadening patient access to less invasive and more cost-effective care. In October 2020, Intersect ENT acquired Fiagon AG Medical Technologies, a global leader in electromagnetic surgical navigation solutions with an expansive portfolio of ENT product offerings, including the VENSURE sinus dilation balloon, that complement the Companys PROPEL and SINUVA sinus implants and extend its geographic reach. For additional information on the Company or the products including risks and benefits please visit www.IntersectENT.com. For more information about PROPEL (mometasone furoate) sinus implants, please visit www.PROPELOPENS.com. Intersect ENT, PROPEL and are registered trademarks of Intersect ENT, Inc. Forward-Looking Statements This release contains forward-looking statements within the meaning of Sections 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We may, in some cases, use terms such as look forward, confident, promises, predicts, believe, potential, anticipates, expects, plans, intends, may, could, might, will, should, or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and may not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward-looking statements are based on Intersect ENTs current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation those related to the safety, efficacy and patient and physician adoption of the Companys products and therapies, the ability to obtain and maintain reimbursement codes for its products, the Companys ability to procure and maintain required regulatory approvals for our products, the Companys ability to grow and expand its business, as well as other risks detailed from time to time in Intersect ENTs filings with the Securities and Exchange Commission (SEC), including Intersect ENTs filings on Form 10-K and Form 10-Q available at the SEC's Internet site (www.sec.gov). Intersect ENT does not undertake any obligation to update forward-looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein. Source: Intersect ENT, Inc.
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EXPAND Post-Market Study Evaluating Longer-Term Outcomes of PROPEL Contour Sinus Implant in the Frontal Sinus Ostia Following In-Office Balloon Sinus Dilation Study Initiates with Registration on ClinicalTrials.gov
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MENLO PARK, Calif.--(BUSINESS WIRE)--Intersect ENT, Inc. (Nasdaq: XENT), a global ear, nose and throat (ENT) medical technology leader dedicated to transforming patient care, today announced that it began the process of initiating the Companys EXPAND Clinical Study by successfully registering on ClinicalTrials.gov (NCT04858802). EXPAND is a prospective, randomized, single-blind, intra-patient controlled, post-market clinical trial enrolling approximately 80 patients in the United States. The EXPAND studys primary objective is to evaluate the efficacy of the Companys PROPEL Contour (mometasone furoate) sinus implant when placed in the frontal sinus ostium following in-office balloon dilation in patients with chronic rhinosinusitis (CRS) as compared to balloon sinus dilation alone. Patients will be assessed at various intervals throughout the study with a final follow up at 6 months. Consistent with the Companys strategic initiative to drive more procedural growth into the office site of care, the EXPAND trial will focus on the clinical benefits of the PROPEL Contour implant in reducing inflammation and maintaining patency following sinus surgery when used in combination with balloon sinus dilation in patients suffering from CRS. There are approximately 150,000 balloon sinus dilation procedures performed annually in the United States with a substantial number of these procedures treating the frontal sinus ostia in ENT surgeons offices. In addition to near-term study claims, positive EXPAND results could also provide a pathway for the Company to consider additional clinical studies demonstrating the durability of outcomes to support label expansion and the collection of valuable health economic evidence for the use of PROPEL Contour in conjunction with balloon sinus dilation procedures. In our PROPEL Contour PROGRESS trial we observed a cohort of patients that received balloon dilation and PROPEL Contour resulting in a larger frontal sinus ostia opening versus the control group without PROPEL at day 30, states Thomas A. West, President and CEO of Intersect ENT. With the launch of our VenSure sinus balloon following the acquisition of Fiagon AG, we would like to expand the number of patients examined and further solidify the benefit of PROPEL Contour post-sinus balloon dilation. The Company anticipates enrollment to begin in the EXPAND trial in May 2021 and targets completion of enrollment by year-end with results in 2022. The PROPEL Contour Steroid Releasing Sinus Implant The PROPEL Contour sinus implant is intended to maintain patency of the frontal and maxillary sinus ostia and locally deliver steroid to the sinus mucosa in patients 18 years of age following sinus surgery. Contraindications include patients with confirmed hypersensitivity or intolerance to mometasone furoate (MF) or hypersensitivity to bioabsorbable polymers. Safety and effectiveness of the implant in pregnant or nursing females have not been studied. Risks may include, but are not limited to, pain/pressure, displacement of the implant, possible side effects of intranasal MF, sinusitis, epistaxis, and infection. For full prescribing information see IFU at www.IntersectENT.com/technologies/. Rx only. About Intersect ENT Intersect ENT is a global ear, nose and throat medical technology leader dedicated to transforming patient care. The Companys steroid releasing implants are designed to provide mechanical spacing and deliver targeted therapy to the site of disease. In addition, Intersect ENT is continuing to expand its portfolio of products based on the Companys unique localized steroid releasing technology and is committed to broadening patient access to less invasive and more cost-effective care. In October 2020, Intersect ENT acquired Fiagon AG Medical Technologies, a global leader in electromagnetic surgical navigation solutions with an expansive portfolio of ENT product offerings, including the VENSURE sinus dilation balloon, that complement the Companys PROPEL and SINUVA sinus implants and extend its geographic reach. For additional information on the Company or the products including risks and benefits please visit www.IntersectENT.com. For more information about PROPEL (mometasone furoate) sinus implants, please visit www.PROPELOPENS.com. Intersect ENT, PROPEL and are registered trademarks of Intersect ENT, Inc. Forward-Looking Statements This release contains forward-looking statements within the meaning of Sections 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We may, in some cases, use terms such as look forward, confident, promises, predicts, believe, potential, anticipates, expects, plans, intends, may, could, might, will, should, or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and may not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward-looking statements are based on Intersect ENTs current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation those related to the safety, efficacy and patient and physician adoption of the Companys products and therapies, the ability to obtain and maintain reimbursement codes for its products, the Companys ability to procure and maintain required regulatory approvals for our products, the Companys ability to grow and expand its business, as well as other risks detailed from time to time in Intersect ENTs filings with the Securities and Exchange Commission (SEC), including Intersect ENTs filings on Form 10-K and Form 10-Q available at the SEC's Internet site (www.sec.gov). Intersect ENT does not undertake any obligation to update forward-looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein. Source: Intersect ENT, Inc.
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edtsum4478
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: HAMILTON, Bermuda, Aug. 20, 2020 /PRNewswire/ -- Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) ("Textainer" or "the Company"), one of the world's largest lessors of intermodal containers, today announced that Textainer Marine Containers VII Limited ("TMCL VII"), an indirect, wholly-owned subsidiary of the Company, issued $450 million of Fixed Rate Asset Backed Notes (the "Notes") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933 (the "Act") and to non-U.S. persons in accordance with Regulation S promulgated under the Act. The Notes comprise of $381 million in Class A and $69 million in Class B Notes rated A(sf) and BBB(sf), respectively, by Standard & Poor's. The Notes have a weighted average life of approximately four years and are secured by a pledge of TMCL VII's assets. Proceeds from the issuance were used primarily to pay down debt in our secured debt facility, revolving credit facility and pay in full Textainer's 2017-1 Notes. "We are pleased with the high level of investor interest in the issuance, which allowed us to upsize to $450 millionduring this favorable financing environment. This transaction further enhances our financial platform with numerous benefits, such as lowering our blended effective interest rate and freeing up borrowing capacity in our short-term facilities for additional container investments," commented Michael K. Chan, Textainer Executive Vice President and Chief Financial Officer. About Textainer Group Holdings Limited Textainer has operated since 1979 and is one of the world's largest lessors of intermodal containers with approximately 3.5 million TEU in our owned and managed fleet. We lease containers to approximately 250 customers, including all of the world's leading international shipping lines, and other lessees. Our fleet consists of standard dry freight, refrigerated intermodal containers, and dry freight specials. We also lease tank containers through our relationship with Trifleet Leasing and are a supplier of containers to the U.S. Military. Textainer is one of the largest and most reliable suppliers of new and used containers. In addition to selling older containers from our fleet, we buy older containers from our shipping line customers for trading and resale. We sold an average of approximately 140,000 containers per year for the last five years to more than 1,500 customers making us one of the largest sellers of used containers. Textainer operates via a network of 14 offices and approximately 500 independent depots worldwide. Textainer has a primary listing on the New York Stock Exchange (NYSE: TGH) and a secondary listing on the Johannesburg Stock Exchange (JSE: TXT). Visit www.textainer.com for additional information about Textainer. Source: Textainer Group Holdings Limited Contact InformationInvestor Relations+1 415-658-8333[emailprotected] SOURCE Textainer Group Holdings Limited Related Links http://www.textainer.com
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Textainer Closes $450 Million Asset Backed Financing
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HAMILTON, Bermuda, Aug. 20, 2020 /PRNewswire/ -- Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) ("Textainer" or "the Company"), one of the world's largest lessors of intermodal containers, today announced that Textainer Marine Containers VII Limited ("TMCL VII"), an indirect, wholly-owned subsidiary of the Company, issued $450 million of Fixed Rate Asset Backed Notes (the "Notes") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933 (the "Act") and to non-U.S. persons in accordance with Regulation S promulgated under the Act. The Notes comprise of $381 million in Class A and $69 million in Class B Notes rated A(sf) and BBB(sf), respectively, by Standard & Poor's. The Notes have a weighted average life of approximately four years and are secured by a pledge of TMCL VII's assets. Proceeds from the issuance were used primarily to pay down debt in our secured debt facility, revolving credit facility and pay in full Textainer's 2017-1 Notes. "We are pleased with the high level of investor interest in the issuance, which allowed us to upsize to $450 millionduring this favorable financing environment. This transaction further enhances our financial platform with numerous benefits, such as lowering our blended effective interest rate and freeing up borrowing capacity in our short-term facilities for additional container investments," commented Michael K. Chan, Textainer Executive Vice President and Chief Financial Officer. About Textainer Group Holdings Limited Textainer has operated since 1979 and is one of the world's largest lessors of intermodal containers with approximately 3.5 million TEU in our owned and managed fleet. We lease containers to approximately 250 customers, including all of the world's leading international shipping lines, and other lessees. Our fleet consists of standard dry freight, refrigerated intermodal containers, and dry freight specials. We also lease tank containers through our relationship with Trifleet Leasing and are a supplier of containers to the U.S. Military. Textainer is one of the largest and most reliable suppliers of new and used containers. In addition to selling older containers from our fleet, we buy older containers from our shipping line customers for trading and resale. We sold an average of approximately 140,000 containers per year for the last five years to more than 1,500 customers making us one of the largest sellers of used containers. Textainer operates via a network of 14 offices and approximately 500 independent depots worldwide. Textainer has a primary listing on the New York Stock Exchange (NYSE: TGH) and a secondary listing on the Johannesburg Stock Exchange (JSE: TXT). Visit www.textainer.com for additional information about Textainer. Source: Textainer Group Holdings Limited Contact InformationInvestor Relations+1 415-658-8333[emailprotected] SOURCE Textainer Group Holdings Limited Related Links http://www.textainer.com
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edtsum4480
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: GERMANTOWN, Md., Nov. 16, 2020 /PRNewswire/ --Precigen, Inc. (Nasdaq: PGEN), a biopharmaceutical company specializing in the development of innovative gene and cell therapies to improve the lives of patients, today announced clinical implementation of its UltraPorator system, a device exclusive to Precigen for the scale-up of rapid and cost-effective decentralized manufacturing of UltraCAR-T therapies. Precigen and its clinical partners have now successfully dosed the first patients with UltraCAR-T cells manufactured using the UltraPorator system. The patients were dosed with PRGN-3005 UltraCAR-T cells in the intraperitoneal (IP) arm of the ongoing Phase 1 study for advanced ovarian cancer patients conducted in collaboration with the University of Washington/Fred Hutchinson Cancer Research Center and with PRGN-3006 UltraCAR-T cells in the ongoing Phase 1/1b study for patients with relapsed or refractory acute myeloid leukemia (AML) and higher risk myelodysplastic syndrome (MDS) conducted in collaboration with the Moffitt Cancer Center. UltraCAR-T eliminates ex vivo expansion, which reduces manufacturing time to allow for rapid next day administration of UltraCAR-T cells following non-viral gene transfer. "Dosing the first patients with UltraCAR-T cells manufactured using our proprietary UltraPorator system in both of our UltraCAR-T trials represents a major advance in our ability to transform how personalized cancer therapies are manufactured and administered within a medical center's own labs. This milestone positions UltraPorator as the essential go-to platform for cell therapy manufacturing," said Helen Sabzevari, PhD, President and CEO of Precigen."Our long-term goal is to streamline the process of oncology drug manufacturing so that healthcare professionals can treat their patients as quickly as possible in a commercially viable and expedient way." UltraPorator is a high-throughput, semi-closed electroporation system for reprogramming T-cells using Precigen's next generation Sleeping Beauty non-viral gene transfer technology. UltraPorator reduces manufacturing risk and allows the medical center to generate UltraCAR-T cells within its own facilities. UltraPorator is capable of handling the electroporation of billions of T-cells in minutes, and further streamlines the UltraCAR-T overnight manufacturing process, allowingfor rapid manufacturing of UltraCAR-T cells in higher doses and quantities, which is critical as the Company moves to expansion phases for its clinical studies. "Current methods for non-viral gene transfer require labor intensive, manual handling of samples, which may increase contamination risk, requires multiple batches and involves extensive hours to manufacture a single dose," saidMary L. (Nora) Disis, MD, faculty member at theUniversity of WashingtonandFred Hutchinson Cancer Research Center andone of thelead investigatorsfor the PRGN-3005 study. "The UltraPorator system is a critical piece of the puzzle for personalized manufacturing by significantly reducing processing times, further streamlining UltraCAR-T manufacturing and allowing us to deliver personalized treatment to patients faster than ever." "Time is critical when selecting and administering treatment to relapsed or refractory AML patients," said David A. Sallman, MD, lead investigator for the PRGN-3006 study at the Moffitt Cancer Center. "The ability to conveniently manufacture PRGN-3006 UltraCAR-T cells using the UltraPorator device overnight and administer treatment the next day can be a game-changer for these patients." Precigen: Advancing Medicine with PrecisionPrecigen (Nasdaq: PGEN) is a dedicated discovery and clinical stage biopharmaceutical company advancing the next generation of gene and cell therapies using precision technology to target urgent and intractable diseases in our core therapeutic areas of immuno-oncology, autoimmune disorders, and infectious diseases. Our technologies enable us to find innovative solutions for affordable biotherapeutics in a controlled manner. Precigen operates as an innovation engine progressing a preclinical and clinical pipeline of well-differentiated unique therapies toward clinical proof-of-concept and commercialization. For more information about Precigen, visit www.precigen.com or follow us on LinkedIn. About PRGN-3005 UltraCAR-TPRGN-3005 UltraCAR-T is a multigenic autologous CAR-T cell treatment utilizing Precigen's Sleeping Beauty system to simultaneously express a CAR specifically targeting the unshed portion of MUC16, which is highly expressed on ovarian tumors with limited normal tissue expression; membrane bound IL-15 for enhanced in vivo expansion and persistence; and a kill switch to conditionally eliminate CAR-T cells for an improved safety profile. PRGN-3005 is being evaluated in collaboration with the University of Washington and Fred Hutchinson Cancer Research Center in an investigator-initiated open-label, dose escalation Phase 1 study to evaluate the safety and maximal tolerated dose of PRGN-3005 delivered by intraperitoneal infusion (IP) or intravenous infusion (IV) (clinical trial identifier: NCT03907527). The study population includes patients with advanced stage (III/IV) recurrent ovarian, fallopian tube, and primary peritoneal cancer who are platinum-resistant and have progressed after receiving standard-of-care therapies or are not eligible to receive available therapies with known clinical benefit. About PRGN-3006 UltraCAR-TPRGN-3006 UltraCAR-T is a multigenic autologous CAR-T cell treatment utilizing Precigen's Sleeping Beauty system to simultaneously express a CAR specifically targeting CD33, which is over expressed on acute myeloid leukemia blasts with lesser expression on normal hematopoietic stem cell populations and minimal non-hematopoietic expression; membrane bound IL-15 for enhanced in vivo expansion and persistence; and a kill switch to conditionally eliminate CAR-T cells for improved safety profile. PRGN-3006 is being evaluated in collaboration with the Moffitt Cancer Center in a nonrandomized, investigatorinitiated Phase 1/1b dose escalation study to evaluate the safety and maximal tolerated dose of PRGN3006 UltraCAR-T (clinical trial identifier: NCT03927261). The study population includes patients with relapsed or refractory acute myeloid leukemia or higher risk myelodysplastic syndrome. TrademarksPrecigen, UltraPorator, UltraCAR-T and Advancing Medicine with Precision are trademarks of Precigen and/or its affiliates. Other names may be trademarks of their respective owners. Cautionary Statement Regarding Forward-Looking StatementsSome of the statements made in this press release are forward-looking statements. These forward-looking statements are based upon the Company's current expectations and projections about future events and generally relate to plans, objectives, and expectations for the development of the Company's business, including the timing and progress of preclinical studies, clinical trials, discovery programs and related milestones, the promise of the Company's portfolio of therapies, and in particular its CAR-T therapies, and the Company's refocus to a healthcare-oriented business. Although management believes that the plans and objectives reflected in or suggested by these forward-looking statements are reasonable, all forward-looking statements involve risks and uncertainties, including the possibility that the timeline for the Company's clinical trials might be impacted by the COVID-19 pandemic, and actual future results may be materially different from the plans, objectives and expectations expressed in this press release. The Company has no obligation to provide any updates to these forward-looking statements even if its expectations change. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. For further information on potential risks and uncertainties, and other important factors, any of which could cause the Company's actual results to differ from those contained in the forward-looking statements, see the section entitled "Risk Factors" in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission. For more information, contact: Investor Contact: Steven Harasym Vice President, Investor Relations Tel: +1 (301) 556-9850 [emailprotected] Corporate Contact: Glenn Silver Lazar-FINN Partners [emailprotected] SOURCE Precigen, Inc. Related Links https://precigen.com
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Precigen Announces Dosing of First Patients with UltraCAR-T Cells Manufactured Using Proprietary UltraPorator System in Ongoing PRGN-3005 and PRGN-3006 Phase 1 Clinical Trials
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GERMANTOWN, Md., Nov. 16, 2020 /PRNewswire/ --Precigen, Inc. (Nasdaq: PGEN), a biopharmaceutical company specializing in the development of innovative gene and cell therapies to improve the lives of patients, today announced clinical implementation of its UltraPorator system, a device exclusive to Precigen for the scale-up of rapid and cost-effective decentralized manufacturing of UltraCAR-T therapies. Precigen and its clinical partners have now successfully dosed the first patients with UltraCAR-T cells manufactured using the UltraPorator system. The patients were dosed with PRGN-3005 UltraCAR-T cells in the intraperitoneal (IP) arm of the ongoing Phase 1 study for advanced ovarian cancer patients conducted in collaboration with the University of Washington/Fred Hutchinson Cancer Research Center and with PRGN-3006 UltraCAR-T cells in the ongoing Phase 1/1b study for patients with relapsed or refractory acute myeloid leukemia (AML) and higher risk myelodysplastic syndrome (MDS) conducted in collaboration with the Moffitt Cancer Center. UltraCAR-T eliminates ex vivo expansion, which reduces manufacturing time to allow for rapid next day administration of UltraCAR-T cells following non-viral gene transfer. "Dosing the first patients with UltraCAR-T cells manufactured using our proprietary UltraPorator system in both of our UltraCAR-T trials represents a major advance in our ability to transform how personalized cancer therapies are manufactured and administered within a medical center's own labs. This milestone positions UltraPorator as the essential go-to platform for cell therapy manufacturing," said Helen Sabzevari, PhD, President and CEO of Precigen."Our long-term goal is to streamline the process of oncology drug manufacturing so that healthcare professionals can treat their patients as quickly as possible in a commercially viable and expedient way." UltraPorator is a high-throughput, semi-closed electroporation system for reprogramming T-cells using Precigen's next generation Sleeping Beauty non-viral gene transfer technology. UltraPorator reduces manufacturing risk and allows the medical center to generate UltraCAR-T cells within its own facilities. UltraPorator is capable of handling the electroporation of billions of T-cells in minutes, and further streamlines the UltraCAR-T overnight manufacturing process, allowingfor rapid manufacturing of UltraCAR-T cells in higher doses and quantities, which is critical as the Company moves to expansion phases for its clinical studies. "Current methods for non-viral gene transfer require labor intensive, manual handling of samples, which may increase contamination risk, requires multiple batches and involves extensive hours to manufacture a single dose," saidMary L. (Nora) Disis, MD, faculty member at theUniversity of WashingtonandFred Hutchinson Cancer Research Center andone of thelead investigatorsfor the PRGN-3005 study. "The UltraPorator system is a critical piece of the puzzle for personalized manufacturing by significantly reducing processing times, further streamlining UltraCAR-T manufacturing and allowing us to deliver personalized treatment to patients faster than ever." "Time is critical when selecting and administering treatment to relapsed or refractory AML patients," said David A. Sallman, MD, lead investigator for the PRGN-3006 study at the Moffitt Cancer Center. "The ability to conveniently manufacture PRGN-3006 UltraCAR-T cells using the UltraPorator device overnight and administer treatment the next day can be a game-changer for these patients." Precigen: Advancing Medicine with PrecisionPrecigen (Nasdaq: PGEN) is a dedicated discovery and clinical stage biopharmaceutical company advancing the next generation of gene and cell therapies using precision technology to target urgent and intractable diseases in our core therapeutic areas of immuno-oncology, autoimmune disorders, and infectious diseases. Our technologies enable us to find innovative solutions for affordable biotherapeutics in a controlled manner. Precigen operates as an innovation engine progressing a preclinical and clinical pipeline of well-differentiated unique therapies toward clinical proof-of-concept and commercialization. For more information about Precigen, visit www.precigen.com or follow us on LinkedIn. About PRGN-3005 UltraCAR-TPRGN-3005 UltraCAR-T is a multigenic autologous CAR-T cell treatment utilizing Precigen's Sleeping Beauty system to simultaneously express a CAR specifically targeting the unshed portion of MUC16, which is highly expressed on ovarian tumors with limited normal tissue expression; membrane bound IL-15 for enhanced in vivo expansion and persistence; and a kill switch to conditionally eliminate CAR-T cells for an improved safety profile. PRGN-3005 is being evaluated in collaboration with the University of Washington and Fred Hutchinson Cancer Research Center in an investigator-initiated open-label, dose escalation Phase 1 study to evaluate the safety and maximal tolerated dose of PRGN-3005 delivered by intraperitoneal infusion (IP) or intravenous infusion (IV) (clinical trial identifier: NCT03907527). The study population includes patients with advanced stage (III/IV) recurrent ovarian, fallopian tube, and primary peritoneal cancer who are platinum-resistant and have progressed after receiving standard-of-care therapies or are not eligible to receive available therapies with known clinical benefit. About PRGN-3006 UltraCAR-TPRGN-3006 UltraCAR-T is a multigenic autologous CAR-T cell treatment utilizing Precigen's Sleeping Beauty system to simultaneously express a CAR specifically targeting CD33, which is over expressed on acute myeloid leukemia blasts with lesser expression on normal hematopoietic stem cell populations and minimal non-hematopoietic expression; membrane bound IL-15 for enhanced in vivo expansion and persistence; and a kill switch to conditionally eliminate CAR-T cells for improved safety profile. PRGN-3006 is being evaluated in collaboration with the Moffitt Cancer Center in a nonrandomized, investigatorinitiated Phase 1/1b dose escalation study to evaluate the safety and maximal tolerated dose of PRGN3006 UltraCAR-T (clinical trial identifier: NCT03927261). The study population includes patients with relapsed or refractory acute myeloid leukemia or higher risk myelodysplastic syndrome. TrademarksPrecigen, UltraPorator, UltraCAR-T and Advancing Medicine with Precision are trademarks of Precigen and/or its affiliates. Other names may be trademarks of their respective owners. Cautionary Statement Regarding Forward-Looking StatementsSome of the statements made in this press release are forward-looking statements. These forward-looking statements are based upon the Company's current expectations and projections about future events and generally relate to plans, objectives, and expectations for the development of the Company's business, including the timing and progress of preclinical studies, clinical trials, discovery programs and related milestones, the promise of the Company's portfolio of therapies, and in particular its CAR-T therapies, and the Company's refocus to a healthcare-oriented business. Although management believes that the plans and objectives reflected in or suggested by these forward-looking statements are reasonable, all forward-looking statements involve risks and uncertainties, including the possibility that the timeline for the Company's clinical trials might be impacted by the COVID-19 pandemic, and actual future results may be materially different from the plans, objectives and expectations expressed in this press release. The Company has no obligation to provide any updates to these forward-looking statements even if its expectations change. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. For further information on potential risks and uncertainties, and other important factors, any of which could cause the Company's actual results to differ from those contained in the forward-looking statements, see the section entitled "Risk Factors" in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission. For more information, contact: Investor Contact: Steven Harasym Vice President, Investor Relations Tel: +1 (301) 556-9850 [emailprotected] Corporate Contact: Glenn Silver Lazar-FINN Partners [emailprotected] SOURCE Precigen, Inc. Related Links https://precigen.com
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edtsum4483
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: JACKSONVILLE, Fla., March 5, 2021 /PRNewswire/ --For wounded warrior Leo Yui, being on the water is peaceful."It's good for the mind and good for the body," the Navy veteran said. "Being able to paddleboard with other warriors, the water is just a channel that brings us together." Wounded Warrior Project took veterans on the water to enjoy camaraderie with one another while getting exercise and maintaining safe social distance. Leo joined Wounded Warrior Project (WWP) and other veterans on Salt Run near Anastasia Island to spend more than two hours on the water together. Navy veteran Misty Taylor shares the same joy and comfort on the water as Leo. "Any time I am out with other veterans, I do a lot better because I feel safe," she said. "When I am at home, I'm really isolated."Getting warriors out of seclusion is important, especially during the pandemic. In a WWP survey of the veterans it serves, nearly four in five say they feel isolated from others.Learn about opportunities to connect through WWP's engaging events.The outdoor gathering allowed warriors to maintain a safe social distance while enjoying great weather and even better camaraderie."With these kinds of things being offered, it actually makes me leave the house," Misty said. "It gives me something to look forward to."Leo started paddleboarding with WWP several years ago; now, he helps other warriors learn their way on the water. "I like to help others because somebody else helped me," Leo said. "It's a beautiful thing to share the same experience with other veterans."WWP provides stand up paddleboarding throughout the state including at parks such as Silver Springs and Ginnie Springs.About Wounded Warrior ProjectSince 2003, Wounded Warrior Project (WWP) has been meeting the growing needs of warriors, their families, and caregivers helping them achieve their highest ambition. Learn more.SOURCE Wounded Warrior Project
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Veterans Paddle Together With Wounded Warrior Project
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JACKSONVILLE, Fla., March 5, 2021 /PRNewswire/ --For wounded warrior Leo Yui, being on the water is peaceful."It's good for the mind and good for the body," the Navy veteran said. "Being able to paddleboard with other warriors, the water is just a channel that brings us together." Wounded Warrior Project took veterans on the water to enjoy camaraderie with one another while getting exercise and maintaining safe social distance. Leo joined Wounded Warrior Project (WWP) and other veterans on Salt Run near Anastasia Island to spend more than two hours on the water together. Navy veteran Misty Taylor shares the same joy and comfort on the water as Leo. "Any time I am out with other veterans, I do a lot better because I feel safe," she said. "When I am at home, I'm really isolated."Getting warriors out of seclusion is important, especially during the pandemic. In a WWP survey of the veterans it serves, nearly four in five say they feel isolated from others.Learn about opportunities to connect through WWP's engaging events.The outdoor gathering allowed warriors to maintain a safe social distance while enjoying great weather and even better camaraderie."With these kinds of things being offered, it actually makes me leave the house," Misty said. "It gives me something to look forward to."Leo started paddleboarding with WWP several years ago; now, he helps other warriors learn their way on the water. "I like to help others because somebody else helped me," Leo said. "It's a beautiful thing to share the same experience with other veterans."WWP provides stand up paddleboarding throughout the state including at parks such as Silver Springs and Ginnie Springs.About Wounded Warrior ProjectSince 2003, Wounded Warrior Project (WWP) has been meeting the growing needs of warriors, their families, and caregivers helping them achieve their highest ambition. Learn more.SOURCE Wounded Warrior Project
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edtsum4484
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DALLAS, April 28, 2021 /PRNewswire/ -- iTecs Outsourcing, LLC, an IT MSP, cloud hosting, and cybersecurity firm based out of Dallas that works with companies across the United States, has officially entered into a reseller partnership with CoSoSys, an IT security company that developed the Endpoint Protector software suite. iTecs Enters Into A Reseller Partnership With CoSoSys Founded by Brian Desmot in 2002, iTecs works with companies in all sectors and provides many IT-related services, including cloud hosting and cybersecurity as a managed service. Many of iTecs existing clients rely on the company to serve as their offsite IT department, handling procurement of technology, CIO/CTO consulting, break-fix support, and cloud hosting services. This puts iTecs in a unique and advantageous position to become a reseller of CoSoSys's Endpoint Protection software. "We are excited to provide Endpoint Protector to our existing clients as the Data Loss Prevention (DLP) technology built into Endpoint Protection is second to none. Large and enterprise organizations and businesses in the medical and financial sectors will appreciate the platform's granular and robust features. As iTecs continuously evolves into the best-in-class Managed Security Service Provider, adopting the best tools available on the market is a high priority goal." Says Brian Desmot, CEO and Founder of iTecs. Endpoint Protector uses advanced technologies such as N-gram-based text categorization to accurately discover intellectual property, such as source code, within hundreds of file formats and then monitor and control any transfers. It also prevents data loss or theft by monitoring activity related to device use and file transfers. Monitor what sensitive data leaves your company and prevent data exfiltration with an all-in-one Data Loss Prevention solution."Endpoint Protection provides a solution for device control, content-aware protection, enforced encryption, and eDiscovery. We host the EP server in the iTecs Promus data center that allows us to ensure continuity, management, and security." Brian Desmot concludes.For more information on iTecs IT MSP division, visit the https://itecsonline.com About iTecs IT Outsourcing and Support Brian Desmot founded iTecs in 2002, a white-glove IT support, consulting, managed IT services provider. The firm delivers an umbrella of IT services from break-fix, consulting, cybersecurity, to procurement for businesses of all sizes. If you need a professional, customer-centric offsite IT department, iTecs is the best choice.Press Contact: Mark Labrecque, 214-744-3354, https://itecsonline.comSOURCE iTecs IT Outsourcing and Support
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iTecs Enters Into A Reseller Partnership With CoSoSys
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DALLAS, April 28, 2021 /PRNewswire/ -- iTecs Outsourcing, LLC, an IT MSP, cloud hosting, and cybersecurity firm based out of Dallas that works with companies across the United States, has officially entered into a reseller partnership with CoSoSys, an IT security company that developed the Endpoint Protector software suite. iTecs Enters Into A Reseller Partnership With CoSoSys Founded by Brian Desmot in 2002, iTecs works with companies in all sectors and provides many IT-related services, including cloud hosting and cybersecurity as a managed service. Many of iTecs existing clients rely on the company to serve as their offsite IT department, handling procurement of technology, CIO/CTO consulting, break-fix support, and cloud hosting services. This puts iTecs in a unique and advantageous position to become a reseller of CoSoSys's Endpoint Protection software. "We are excited to provide Endpoint Protector to our existing clients as the Data Loss Prevention (DLP) technology built into Endpoint Protection is second to none. Large and enterprise organizations and businesses in the medical and financial sectors will appreciate the platform's granular and robust features. As iTecs continuously evolves into the best-in-class Managed Security Service Provider, adopting the best tools available on the market is a high priority goal." Says Brian Desmot, CEO and Founder of iTecs. Endpoint Protector uses advanced technologies such as N-gram-based text categorization to accurately discover intellectual property, such as source code, within hundreds of file formats and then monitor and control any transfers. It also prevents data loss or theft by monitoring activity related to device use and file transfers. Monitor what sensitive data leaves your company and prevent data exfiltration with an all-in-one Data Loss Prevention solution."Endpoint Protection provides a solution for device control, content-aware protection, enforced encryption, and eDiscovery. We host the EP server in the iTecs Promus data center that allows us to ensure continuity, management, and security." Brian Desmot concludes.For more information on iTecs IT MSP division, visit the https://itecsonline.com About iTecs IT Outsourcing and Support Brian Desmot founded iTecs in 2002, a white-glove IT support, consulting, managed IT services provider. The firm delivers an umbrella of IT services from break-fix, consulting, cybersecurity, to procurement for businesses of all sizes. If you need a professional, customer-centric offsite IT department, iTecs is the best choice.Press Contact: Mark Labrecque, 214-744-3354, https://itecsonline.comSOURCE iTecs IT Outsourcing and Support
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edtsum4485
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PARIS--(BUSINESS WIRE)--Regulatory News: Verallia (Paris:VRLA) announced today that it successfully priced its inaugural Sustainability-Linked Bond in an aggregate amount of 500 million with a 7-year maturity with a coupon of 1.625%. As the very first issuer of a Sustainability-linked Bond in the Glass packaging industry in Europe, Verallia is confirming its sustainability leadership in the sector. Michel Giannuzzi, Chairman and Chief Executive Officer: We are proud to be the first in our industry to launch a sustainability-linked bond in Europe. This issuance is fully aligned with the Groups ESG strategy released in January 2021. The order book of close to EUR 2 billion demonstrates the confidence of investors in the Companys financial strength, strategy and ability to deliver on its sustainability targets. The proceeds of the transaction will be used to refinance part of the existing financial indebtedness of the Group. This landmark transaction enables Verallia to (i) further diversify its sources of funding with a direct access to the bond market, (ii) lengthen its debt maturity profile and (iii) further reinforce the visibility of its commitment to sustainability. The Sustainability-Linked Notes are fully aligned with Verallias ESG ambitions and were issued in accordance with the ICMA Sustainability-Linked Bond Principles. In its Second Party Opinion, Vigeo Eiris is of the opinion that Verallias Sustainability-Linked Financing Framework is aligned with the core components of the Sustainability-Linked Bond Principles 2020. Vigeo Eiris rates both KPIs relevance and targets ambition as advanced, the highest rating on its scale. The Sustainability-Linked Financing Framework and the Second Party Opinion can be found here. The coupon amounts depend on the achievement of the two following Sustainability Performance Targets (SPTs): - SPT 1: Reduce Verallias annual CO2 emissions (scope 1 and 2) to 2,625kt CO2 for the year 2025 (15% decrease vs 2019 baseline), and - SPT 2: Reach a 59% rate of external cullet usage by 2025 (+10 pts increase vs 2019 baseline). This is in line with Verallias 2030 ambition aiming to reduce scope 1 and 2 CO2 emissions by 27.5% and increase its cullet rate usage on all furnaces. This objective is in line with the Paris COP 21 goals to keep a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and has been validated by the Science Based Targets Initiative. BNP Paribas, Credit Agricole CIB and Deutsche Bank acted as Joint Global Coordinators on the bond issuance. Bank of America Securities Europe SA, Raiffeisen Bank International, Santander Corporate & Investment Banking and Socit Gnrale Corporate & Investment Banking acted as joint bookrunners. About Verallia - At Verallia, our purpose is to re-imagine glass for a sustainable future. We want to redefine how glass is produced, reused and recycled, to make it the worlds most sustainable packaging material. We work in common cause with our customers, suppliers and other partners across the value chain to develop new healthy and sustainable solutions for all. With around 10,000 people and 32 glass production facilities in 11 countries, we are the leading European and the third largest producer globally of glass containers for food and beverages, providing innovative, customized and environmentally friendly solutions to more than 10,000 businesses around the world. Verallia produced more than 16 billion bottles and jars and achieved revenues of 2.5 billion in 2020. Verallia is listed on compartment A of the Euronext Paris stock exchange (Ticker: VRLA ISIN: FR0013447729) and belongs to the SBF 120, CAC Mid 60, CAC Mid & Small et CAC All-Tradable indexes. For more information, visit www.verallia.com. Follow us on LinkedIn , Twitter , , Facebook , YouTube Disclaimer Certain information included in this press release does not constitute historical data but constitutes forward-looking statements. These forward-looking statements are based on current beliefs, expectations and assumptions, including, without limitation, assumptions regarding present and future business strategies and the environment in which Verallia operates, and involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements, or industry results or other events, to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include those discussed or identified under Chapter 3 "Risk Factors" in the Universal Registration Document approved by the AMF and available on the Company's website (www.verallia.com) and the AMF's website (www.verallia.com). These forward-looking information and statements are not guarantees of future performances. This press release includes only summary information and does not purport to be comprehensive. No reliance should be placed on the accuracy or completeness of the information or opinions contained in this press release. This press release does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction. Personal data protection You can unsubscribe from our press release distribution list at any time by sending your request to the following email address: [email protected]. Press releases will still be available to access via the website https://www.verallia.com/en/investors/. Verallia SA, as data controller, processes personal data for the purpose of implementing and managing its internal and external communication. This processing is based on legitimate interests. The data collected (last name, first name, professional contact details, profiles, relationship history) is essential for this processing and is used by the relevant departments of the Verallia group and, where applicable, its subcontractors. Verallia SA transfers personal data to its service providers located outside the European Union, who are responsible for providing and managing technical solutions related to the aforementioned processing. Verallia SA ensures that the appropriate guarantees are obtained in order to supervise these data transfers outside of the European Union. Under the conditions defined by the applicable regulations for the protection of personal data, you may access and obtain a copy of the data concerning you, object to the processing of this data and request for it to be rectified or erased. You also have a right to restrict the processing of your data. To exercise one of these rights, please contact the Group Financial Communication Department at [email protected]. If, after having contacted us, you believe that your rights have not been respected or that the processing does not comply with data protection regulations, you may submit a complaint to CNIL (Commission nationale de l'informatique et des liberts French regulatory body).
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Verallia Successfully Priced Its Inaugural Sustainability-linked Bond
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PARIS--(BUSINESS WIRE)--Regulatory News: Verallia (Paris:VRLA) announced today that it successfully priced its inaugural Sustainability-Linked Bond in an aggregate amount of 500 million with a 7-year maturity with a coupon of 1.625%. As the very first issuer of a Sustainability-linked Bond in the Glass packaging industry in Europe, Verallia is confirming its sustainability leadership in the sector. Michel Giannuzzi, Chairman and Chief Executive Officer: We are proud to be the first in our industry to launch a sustainability-linked bond in Europe. This issuance is fully aligned with the Groups ESG strategy released in January 2021. The order book of close to EUR 2 billion demonstrates the confidence of investors in the Companys financial strength, strategy and ability to deliver on its sustainability targets. The proceeds of the transaction will be used to refinance part of the existing financial indebtedness of the Group. This landmark transaction enables Verallia to (i) further diversify its sources of funding with a direct access to the bond market, (ii) lengthen its debt maturity profile and (iii) further reinforce the visibility of its commitment to sustainability. The Sustainability-Linked Notes are fully aligned with Verallias ESG ambitions and were issued in accordance with the ICMA Sustainability-Linked Bond Principles. In its Second Party Opinion, Vigeo Eiris is of the opinion that Verallias Sustainability-Linked Financing Framework is aligned with the core components of the Sustainability-Linked Bond Principles 2020. Vigeo Eiris rates both KPIs relevance and targets ambition as advanced, the highest rating on its scale. The Sustainability-Linked Financing Framework and the Second Party Opinion can be found here. The coupon amounts depend on the achievement of the two following Sustainability Performance Targets (SPTs): - SPT 1: Reduce Verallias annual CO2 emissions (scope 1 and 2) to 2,625kt CO2 for the year 2025 (15% decrease vs 2019 baseline), and - SPT 2: Reach a 59% rate of external cullet usage by 2025 (+10 pts increase vs 2019 baseline). This is in line with Verallias 2030 ambition aiming to reduce scope 1 and 2 CO2 emissions by 27.5% and increase its cullet rate usage on all furnaces. This objective is in line with the Paris COP 21 goals to keep a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and has been validated by the Science Based Targets Initiative. BNP Paribas, Credit Agricole CIB and Deutsche Bank acted as Joint Global Coordinators on the bond issuance. Bank of America Securities Europe SA, Raiffeisen Bank International, Santander Corporate & Investment Banking and Socit Gnrale Corporate & Investment Banking acted as joint bookrunners. About Verallia - At Verallia, our purpose is to re-imagine glass for a sustainable future. We want to redefine how glass is produced, reused and recycled, to make it the worlds most sustainable packaging material. We work in common cause with our customers, suppliers and other partners across the value chain to develop new healthy and sustainable solutions for all. With around 10,000 people and 32 glass production facilities in 11 countries, we are the leading European and the third largest producer globally of glass containers for food and beverages, providing innovative, customized and environmentally friendly solutions to more than 10,000 businesses around the world. Verallia produced more than 16 billion bottles and jars and achieved revenues of 2.5 billion in 2020. Verallia is listed on compartment A of the Euronext Paris stock exchange (Ticker: VRLA ISIN: FR0013447729) and belongs to the SBF 120, CAC Mid 60, CAC Mid & Small et CAC All-Tradable indexes. For more information, visit www.verallia.com. Follow us on LinkedIn , Twitter , , Facebook , YouTube Disclaimer Certain information included in this press release does not constitute historical data but constitutes forward-looking statements. These forward-looking statements are based on current beliefs, expectations and assumptions, including, without limitation, assumptions regarding present and future business strategies and the environment in which Verallia operates, and involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements, or industry results or other events, to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include those discussed or identified under Chapter 3 "Risk Factors" in the Universal Registration Document approved by the AMF and available on the Company's website (www.verallia.com) and the AMF's website (www.verallia.com). These forward-looking information and statements are not guarantees of future performances. This press release includes only summary information and does not purport to be comprehensive. No reliance should be placed on the accuracy or completeness of the information or opinions contained in this press release. This press release does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction. Personal data protection You can unsubscribe from our press release distribution list at any time by sending your request to the following email address: [email protected]. Press releases will still be available to access via the website https://www.verallia.com/en/investors/. Verallia SA, as data controller, processes personal data for the purpose of implementing and managing its internal and external communication. This processing is based on legitimate interests. The data collected (last name, first name, professional contact details, profiles, relationship history) is essential for this processing and is used by the relevant departments of the Verallia group and, where applicable, its subcontractors. Verallia SA transfers personal data to its service providers located outside the European Union, who are responsible for providing and managing technical solutions related to the aforementioned processing. Verallia SA ensures that the appropriate guarantees are obtained in order to supervise these data transfers outside of the European Union. Under the conditions defined by the applicable regulations for the protection of personal data, you may access and obtain a copy of the data concerning you, object to the processing of this data and request for it to be rectified or erased. You also have a right to restrict the processing of your data. To exercise one of these rights, please contact the Group Financial Communication Department at [email protected]. If, after having contacted us, you believe that your rights have not been respected or that the processing does not comply with data protection regulations, you may submit a complaint to CNIL (Commission nationale de l'informatique et des liberts French regulatory body).
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edtsum4490
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN, Jan. 26, 2021 /PRNewswire/ -- The "Parcels Market in Germany: Market Insight Report 2020" report has been added to ResearchAndMarkets.com's offering. The report sets out the market structure, size in value and volume terms, growth, key trends, competitive landscape and forecasts for the parcels market in Germany. The report provides historical and forecast market sizes covering the period from 2014-2024. It segments the market between B2B, B2C and C2X. Market information is quoted in value and volume terms.The definition of the parcels market for this report includes domestic, intra-European and international parcels. It also includes business-to-business, business-to- consumer and consumer consigned parcels. Parcel weight definitions vary, between operators and countries, but most describe parcels up to various weights approaching 40kg. All service levels are included (time definite and deferred). Adjacent services, such as mail, pallet distribution, groupage, freight forwarding, same day courier and contract logistics are excluded.Key Topics Covered: Introduction Market Characteristics and Trends Market Size and Growth Competitive Landscape Parcels Market Forecast Appendix: List of abbreviations Companies Mentioned Deutsche Post DHL Hermes UPS DPD GLS FedEx TNT Amazon Logistics Trans-o-Flex GO! For more information about this report visit https://www.researchandmarkets.com/r/cguva9 About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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German Parcels Market Size and Growth 2014-2024, Featuring Key Players Deutsche Post, DHL, Hermes, FedEx and More
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DUBLIN, Jan. 26, 2021 /PRNewswire/ -- The "Parcels Market in Germany: Market Insight Report 2020" report has been added to ResearchAndMarkets.com's offering. The report sets out the market structure, size in value and volume terms, growth, key trends, competitive landscape and forecasts for the parcels market in Germany. The report provides historical and forecast market sizes covering the period from 2014-2024. It segments the market between B2B, B2C and C2X. Market information is quoted in value and volume terms.The definition of the parcels market for this report includes domestic, intra-European and international parcels. It also includes business-to-business, business-to- consumer and consumer consigned parcels. Parcel weight definitions vary, between operators and countries, but most describe parcels up to various weights approaching 40kg. All service levels are included (time definite and deferred). Adjacent services, such as mail, pallet distribution, groupage, freight forwarding, same day courier and contract logistics are excluded.Key Topics Covered: Introduction Market Characteristics and Trends Market Size and Growth Competitive Landscape Parcels Market Forecast Appendix: List of abbreviations Companies Mentioned Deutsche Post DHL Hermes UPS DPD GLS FedEx TNT Amazon Logistics Trans-o-Flex GO! For more information about this report visit https://www.researchandmarkets.com/r/cguva9 About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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edtsum4491
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)-- FORM 8.3 1 N/A G4S plc N/A 2 19,755,000 1.27% 19,755,000 1.27% 3 Class of relevant security Purchase/sale Number of securities Price per unit (GBp) Class of relevant security Product description Nature of dealing Number of reference securities Price per unit (GBp) 25p ordinary CFD reducing a long position 250,000 257.00 25p ordinary CFD reducing a long position 325,000 257.00 4 020 3826 4492
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Form 8.3 - G4S plc
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LONDON--(BUSINESS WIRE)-- FORM 8.3 1 N/A G4S plc N/A 2 19,755,000 1.27% 19,755,000 1.27% 3 Class of relevant security Purchase/sale Number of securities Price per unit (GBp) Class of relevant security Product description Nature of dealing Number of reference securities Price per unit (GBp) 25p ordinary CFD reducing a long position 250,000 257.00 25p ordinary CFD reducing a long position 325,000 257.00 4 020 3826 4492
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edtsum4494
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN, Dec. 2, 2020 /PRNewswire/ -- The "Extended Reality Market Research Report: By Component, Device Type, User, Delivery Model, Application, Industry - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The global extended reality (XR) market attained a valuation of $18.6 billion in 2019 and is predicted to progress at a CAGR of 48.3% from 2020 to 2030. The rising usage of connected devices and smartphones, increasing adoption of virtual reality (VR)/augmented reality (AR) solutions, and the growing number of collaborations being announced among the market players are the main factors fueling the surge of the extended reality industry.The COVID-19 pandemic has massively pushed up the requirement for XR solutions, on account of the rising rate of digitization in various industries such as healthcare, retail, manufacturing, and education for the training of employees and the increasing number of employees working from home, due to the lockdown. For example, Spaces Inc. launched a new PC VR application called SPACES in March 2020. The app allows users to participate in live video conferencing in virtual reality environment.The app makes it possible for the user to integrate into the VR environment with the help of virtual markers and whiteboard and a camera that can be easily adjusted according to the user's convenience. The lockdown initiated in several countries for controlling the spread of the virus has caused the shutting down of manufacturing plants and affected the distribution network, owing to which, the sales of XR devices have been very low in the recent times.Under the device type segment of the extended reality market, the headset category is predicted to exhibit the highest CAGR in the coming years, on account of the mushrooming requirement for AR/VR headsets all over the world and the launch of new and advanced headsets by the extended reality devices producing companies. For instance, HTC Corporation developed the VIVE Focus Plus headset, which is a standalone headset that includes a couple of updated motion controllers, in February 2019. This headset is powered by the powerful Qualcomm Snapdragon 835 and contains a 3K active-matrix organic light-emitting diode (AMOLED) display. It supports 6DoF (six degrees of freedom) tracking.In the years gone by, the industrial and manufacturing category registered the highest share, under the industry segment of the extended reality market. The excessive utilization of various immersive technologies for training and skill development in several heavy industries such as mining, chemicals, and oil and gas is the primary factor driving the advancement of the category in the market. Additionally, the rising usage of VR and AR technologies by manufacturing companies is further augmenting the expansion of the category. According to the 2020 PricewaterhouseCoopers (PwC) Annual Manufacturing Report, AR technology was adopted by almost 29% of the manufacturing companies in the U.K. till 2019.Globally, the extended reality market recorded the highest growth in North America in 2019. This was the result of the widespread adoption of VR and AR solutions, the existence of prominent market players, and the large-scale adoption of several immersive technologies in multiple industries including mining, construction, and oil and gas industries, for training and development purposes. The Asia-Pacific (APAC) extended reality market is predicted to be very prosperous in the upcoming years, because of the growing internet penetration and the rising adoption of XR solutions by several industries in the emerging economies such as Indonesia, China, and India.Key Topics Covered: Chapter 1. Research Background1.1 Research Objectives1.2 Market Definition1.3 Research Scope1.4 Key StakeholdersChapter 2. Research Methodology2.1 Secondary Research2.2 Primary Research2.3 Market Size Estimation2.4 Data Triangulation2.5 Currency Conversion Rates2.6 Assumptions for the StudyChapter 3. Executive Summary3.1 Voice of Industry Experts/KOLsChapter 4. Introduction4.1 Definition of Market Segments4.1.1 By Component4.1.1.1 Hardware4.1.1.2 Software4.1.1.3 Services4.1.2 By Device Type4.1.2.1 Mobile4.1.2.2 PC4.1.2.3 Headset4.1.3 By User4.1.3.1 Single-user4.1.3.2 Multi-user4.1.4 By Delivery Model4.1.4.1 Consumer engagement4.1.4.2 Business engagement4.1.5 By Application4.1.5.1 VR4.1.5.2 AR4.1.5.3 MR4.1.6 By Industry4.1.6.1 Retail4.1.6.2 Education4.1.6.3 Industrial & manufacturing4.1.6.4 Healthcare4.1.6.5 Media & entertainment4.1.6.6 Gaming4.1.6.7 Aerospace & defense4.1.6.8 Others4.2 Value Chain Analysis4.3 Market Dynamics4.3.1 Trends4.3.1.1 Increasing adoption of 5G4.3.1.2 Growing focus on gesture-based computing4.3.2 Drivers4.3.2.1 Growing penetration of smartphones and connected devices4.3.2.2 Increasing collaborations among market players4.3.2.3 Rising adoption of AR and VR4.3.2.4 Impact analysis of drivers on market forecast4.3.3 Restraints4.3.3.1 High initial cost4.3.3.2 Impact analysis of restraints on market forecast4.3.4 Opportunities4.3.4.1 Growing AR/VR market in developing economies4.3.4.2 Launch of new headsets4.4 Impact of COVID-19 on Global Extended Reality Market4.4.1 Current Scenario4.4.2 COVID-19 Scenario4.4.3 Future Scenario4.5 Porter's Five Forces AnalysisChapter 5. Global Market Size and Forecast5.1 By Component5.2 By Device Type5.3 By User5.4 By Delivery Model5.5 By Application5.6 By Industry5.7 By RegionChapter 6. North America Market Size and ForecastChapter 7. Europe Market Size and ForecastChapter 8. APAC Market Size and ForecastChapter 9. LATAM Market Size and ForecastChapter 10. MEA Market Size and ForecastChapter 11. Major Markets For Extended Reality11.1 U.S. Extended Reality Market Revenue11.2 U.K. Extended Reality Market Revenue11.3 Germany Extended Reality Market Revenue11.4 China Extended Reality Market Revenue11.5 India Extended Reality Market Revenue11.6 South Korea Extended Reality Market RevenueChapter 12. Competitive Landscape12.1 List of Players and Their Offerings12.2 Market Share Analysis of Key Players12.3 Product Benchmarking of Key Players12.4 Strategic Developments in the Market12.4.1 Mergers and Acquisitions12.4.2 Product Launches12.4.3 Partnerships12.4.4 OthersChapter 13. Company Profiles13.1 Business Overview13.2 Product and Service Offerings13.3 Key Financial Summary Qualcomm Incorporated Accenture plc Adobe Inc. Unity Technologies SoftServe Inc. Alphabet Inc. Sony Corporation Northern Digital Inc. Microsoft Corporation Facebook Inc. Semcon AB Tata Elxsi Ltd. HTC Corporation For more information about this report visit https://www.researchandmarkets.com/r/xewioe Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
Answer:
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Global Extended Reality Markets, 2020-2030 - Increasing Adoption of 5G & Growing Focus on Gesture-Based Computing
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DUBLIN, Dec. 2, 2020 /PRNewswire/ -- The "Extended Reality Market Research Report: By Component, Device Type, User, Delivery Model, Application, Industry - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The global extended reality (XR) market attained a valuation of $18.6 billion in 2019 and is predicted to progress at a CAGR of 48.3% from 2020 to 2030. The rising usage of connected devices and smartphones, increasing adoption of virtual reality (VR)/augmented reality (AR) solutions, and the growing number of collaborations being announced among the market players are the main factors fueling the surge of the extended reality industry.The COVID-19 pandemic has massively pushed up the requirement for XR solutions, on account of the rising rate of digitization in various industries such as healthcare, retail, manufacturing, and education for the training of employees and the increasing number of employees working from home, due to the lockdown. For example, Spaces Inc. launched a new PC VR application called SPACES in March 2020. The app allows users to participate in live video conferencing in virtual reality environment.The app makes it possible for the user to integrate into the VR environment with the help of virtual markers and whiteboard and a camera that can be easily adjusted according to the user's convenience. The lockdown initiated in several countries for controlling the spread of the virus has caused the shutting down of manufacturing plants and affected the distribution network, owing to which, the sales of XR devices have been very low in the recent times.Under the device type segment of the extended reality market, the headset category is predicted to exhibit the highest CAGR in the coming years, on account of the mushrooming requirement for AR/VR headsets all over the world and the launch of new and advanced headsets by the extended reality devices producing companies. For instance, HTC Corporation developed the VIVE Focus Plus headset, which is a standalone headset that includes a couple of updated motion controllers, in February 2019. This headset is powered by the powerful Qualcomm Snapdragon 835 and contains a 3K active-matrix organic light-emitting diode (AMOLED) display. It supports 6DoF (six degrees of freedom) tracking.In the years gone by, the industrial and manufacturing category registered the highest share, under the industry segment of the extended reality market. The excessive utilization of various immersive technologies for training and skill development in several heavy industries such as mining, chemicals, and oil and gas is the primary factor driving the advancement of the category in the market. Additionally, the rising usage of VR and AR technologies by manufacturing companies is further augmenting the expansion of the category. According to the 2020 PricewaterhouseCoopers (PwC) Annual Manufacturing Report, AR technology was adopted by almost 29% of the manufacturing companies in the U.K. till 2019.Globally, the extended reality market recorded the highest growth in North America in 2019. This was the result of the widespread adoption of VR and AR solutions, the existence of prominent market players, and the large-scale adoption of several immersive technologies in multiple industries including mining, construction, and oil and gas industries, for training and development purposes. The Asia-Pacific (APAC) extended reality market is predicted to be very prosperous in the upcoming years, because of the growing internet penetration and the rising adoption of XR solutions by several industries in the emerging economies such as Indonesia, China, and India.Key Topics Covered: Chapter 1. Research Background1.1 Research Objectives1.2 Market Definition1.3 Research Scope1.4 Key StakeholdersChapter 2. Research Methodology2.1 Secondary Research2.2 Primary Research2.3 Market Size Estimation2.4 Data Triangulation2.5 Currency Conversion Rates2.6 Assumptions for the StudyChapter 3. Executive Summary3.1 Voice of Industry Experts/KOLsChapter 4. Introduction4.1 Definition of Market Segments4.1.1 By Component4.1.1.1 Hardware4.1.1.2 Software4.1.1.3 Services4.1.2 By Device Type4.1.2.1 Mobile4.1.2.2 PC4.1.2.3 Headset4.1.3 By User4.1.3.1 Single-user4.1.3.2 Multi-user4.1.4 By Delivery Model4.1.4.1 Consumer engagement4.1.4.2 Business engagement4.1.5 By Application4.1.5.1 VR4.1.5.2 AR4.1.5.3 MR4.1.6 By Industry4.1.6.1 Retail4.1.6.2 Education4.1.6.3 Industrial & manufacturing4.1.6.4 Healthcare4.1.6.5 Media & entertainment4.1.6.6 Gaming4.1.6.7 Aerospace & defense4.1.6.8 Others4.2 Value Chain Analysis4.3 Market Dynamics4.3.1 Trends4.3.1.1 Increasing adoption of 5G4.3.1.2 Growing focus on gesture-based computing4.3.2 Drivers4.3.2.1 Growing penetration of smartphones and connected devices4.3.2.2 Increasing collaborations among market players4.3.2.3 Rising adoption of AR and VR4.3.2.4 Impact analysis of drivers on market forecast4.3.3 Restraints4.3.3.1 High initial cost4.3.3.2 Impact analysis of restraints on market forecast4.3.4 Opportunities4.3.4.1 Growing AR/VR market in developing economies4.3.4.2 Launch of new headsets4.4 Impact of COVID-19 on Global Extended Reality Market4.4.1 Current Scenario4.4.2 COVID-19 Scenario4.4.3 Future Scenario4.5 Porter's Five Forces AnalysisChapter 5. Global Market Size and Forecast5.1 By Component5.2 By Device Type5.3 By User5.4 By Delivery Model5.5 By Application5.6 By Industry5.7 By RegionChapter 6. North America Market Size and ForecastChapter 7. Europe Market Size and ForecastChapter 8. APAC Market Size and ForecastChapter 9. LATAM Market Size and ForecastChapter 10. MEA Market Size and ForecastChapter 11. Major Markets For Extended Reality11.1 U.S. Extended Reality Market Revenue11.2 U.K. Extended Reality Market Revenue11.3 Germany Extended Reality Market Revenue11.4 China Extended Reality Market Revenue11.5 India Extended Reality Market Revenue11.6 South Korea Extended Reality Market RevenueChapter 12. Competitive Landscape12.1 List of Players and Their Offerings12.2 Market Share Analysis of Key Players12.3 Product Benchmarking of Key Players12.4 Strategic Developments in the Market12.4.1 Mergers and Acquisitions12.4.2 Product Launches12.4.3 Partnerships12.4.4 OthersChapter 13. Company Profiles13.1 Business Overview13.2 Product and Service Offerings13.3 Key Financial Summary Qualcomm Incorporated Accenture plc Adobe Inc. Unity Technologies SoftServe Inc. Alphabet Inc. Sony Corporation Northern Digital Inc. Microsoft Corporation Facebook Inc. Semcon AB Tata Elxsi Ltd. HTC Corporation For more information about this report visit https://www.researchandmarkets.com/r/xewioe Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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edtsum4500
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, April 6, 2020 /PRNewswire/ -- Data Center Support Infrastructure market worldwide is projected to grow by US$38.1 Billion, driven by a compounded growth of 9.4%. Power, one of the segments analyzed and sized in this study, displays the potential to grow at over 8.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$37 Billion by the year 2025, Power will bring in healthy gains adding significant momentum to global growth. Read the full report: https://www.reportlinker.com/p05798301/?utm_source=PRN - Representing the developed world, the United States will maintain a 9.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.1 Billion to the regions size and clout in the next 5 to 6 years. Over US$1.8 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Power will reach a market size of US$1.5 Billion by the close of the analysis period. As the worlds second largest economy and the new game changer in global markets, China exhibits the potential to grow at 11.7% over the next couple of years and add approximately US$2.3 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies. - Competitors identified in this market include, among others, ABB Limited Eaton Corporation Hewlett Packard Enterprise Development LP Hitachi Vantara Huawei Technologies Co., Ltd. Intel Corporation McAfee, LLC Raritan, Inc. Rittal GmbH & Co. KG Schneider Electric SE (France) Siemens AG Vertiv Group Corp. Read the full report: https://www.reportlinker.com/p05798301/?utm_source=PRN DATA CENTER SUPPORT INFRASTRUCTURE MCP11MARKET ANALYSIS, TRENDS, AND FORECASTS, MARCH 2CONTENTS I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Data Centers: Information Powerhouses for Modern Day Organizations Data Center Support Infrastructure: Current Prospects and Outlook Recent Market Activity 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS Sustained Demand for Data Center Services Widens Opportunities for Data Center Support Infrastructure Market Data Center Workloads Continue to Surge Globally Exhibit 1: Global Data Center IP Traffic in Zettabytes for the Years 2016, 2018, 2020 & 2022 Rise of Cloud Data Centers Triggers Exponential Rise in Data Center Demand Exhibit 2: Global Data Center IP Traffic Breakdown (in %) by Cloud and Traditional Data Centers for the Years 2017, 2and 2021 Robust Demand for Data Center Storage Amplifies Data Center Workloads Exhibit 3: Global Data Center Storage Capacity: Amount of Data Stored in Data Centers (in Exabytes) for the Years 2015, 2017, 2019 and 2021 Need for Top of Class Data Center Power Solutions Accelerates Market Expansion Exhibit 4: Global Data Center Power Market Revenues by End-Use Sector (in %): 2019 Exhibit 5: Global Data Center UPS Market Size Breakdown by Small Data Centers, Medium Data Centers, and Large Data Centers for 2019 Soaring Investments on Data Center Cooling Systems Drive Overall Market Momentum Exhibit 6: World Data Center Cooling Market Revenues Breakdown (in %) by Structure for 2019 Asia-Pacific to Offer Lucrative Opportunities Focus on Energy Efficient Data Center Operations Throws the Spotlight on Cooling Innovations Increased Emphasis on Data Center Security Underpins Revenue Growth Enterprises Step Up Datacenter Security Investments Growing Number and Magnitude of Datacenter Security Breaches Fuels Demand for Datacenter Security Exhibit 7: Number of Data Breaches in the US for the Years 2015-2018 Top Data Center Security Breaches: A Review Logical Data Center Security Solutions Score Over Physical Data Center Security Solutions Exhibit 8: Global Data Center Security Solutions Market Breakdown (in %) by Logical Security Solutions and Physical Security Solutions Segments: 2019 Data Center Monitoring & Measurement Technologies: Major Revenue Contributors Elimination of Unnecessary Infrastructure & Focus on Consolidation Identification of Underutilized Servers Modernization Initiatives of Government & Public Sector Data Centers Widen Business Prospects High Growth Prospects in Banking and Financial Services Data Centers Novel Growth Opportunities Prevail in Power & Energy Sector Futuristic Hyperscale and 400G Data Centers Augment Business Case Big Data and Cloud Computing Proliferate Demand for Hyperscale Data Centers Exhibit 9: Number of Hyperscale Data Centers Worldwide (in Units) for the Period 2015-2021 Advanced Data Center Infrastructure Solutions for Hyperscale Requirements AI and ML Come to the Fore to Reinforce Data Center Support Infrastructure Marketplace 4. GLOBAL MARKET PERSPECTIVE Table 1: Data Center Support Infrastructure Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 Table 2: Data Center Support Infrastructure Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017 Table 3: Data Center Support Infrastructure Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 Table 4: Power (System) World Market by Region/Country in US$ Million: 2018 to 2025 Table 5: Power (System) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017 Table 6: Power (System) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025 Table 7: Cooling (System) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025 Table 8: Cooling (System) Historic Market Perspective by Region/Country in US$ Million: 2009 to 2017 Table 9: Cooling (System) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025 Table 10: Security (System) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025 Table 11: Security (System) Region Wise Breakdown of Global Historic Demand in US$ Million: 2009 to 2017 Table 12: Security (System) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 Table 13: Monitoring & Measurement (System) World Market Estimates and Forecasts by Region/Country in US$ Million: 2to 2025 Table 14: Monitoring & Measurement (System) Market Historic Review by Region/Country in US$ Million: 2009 to 2017 Table 15: Monitoring & Measurement (System) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 Table 16: BFSI (Vertical) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2018-2025 Table 17: BFSI (Vertical) Global Historic Analysis in US$ Million by Region/Country: 2009-2017 Table 18: BFSI (Vertical) Distribution of Global Sales by Region/Country: 2009 VS 2019 VS 2025 Table 19: IT & Telecom (Vertical) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2018 through 2025 Table 20: IT & Telecom (Vertical) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2009 to 2017 Table 21: IT & Telecom (Vertical) Global Market Share Distribution by Region/Country for 2009, 2019, and 2025 Table 22: Government (Vertical) Global Opportunity Assessment in US$ Million by Region/Country: 2018-2025 Table 23: Government (Vertical) Historic Sales Analysis in US$ Million by Region/Country: 2009-2017 Table 24: Government (Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2009 VS 2019 VS 2025 Table 25: Energy (Vertical) Worldwide Sales in US$ Million by Region/Country: 2018-2025 Table 26: Energy (Vertical) Historic Demand Patterns in US$ Million by Region/Country: 2009-2017 Table 27: Energy (Vertical) Market Share Shift across Key Geographies: 2009 VS 2019 VS 2025 Table 28: Other Verticals (Vertical) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2018-2025 Table 29: Other Verticals (Vertical) Retrospective Demand Analysis in US$ Million by Region/Country: 2009-2017 Table 30: Other Verticals (Vertical) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Table 31: United States Data Center Support Infrastructure Market Estimates and Projections in US$ Million by System: 2to 2025 Table 32: Data Center Support Infrastructure Market in the United States by System: A Historic Review in US$ Million for 2009-2017 Table 33: United States Data Center Support Infrastructure Market Share Breakdown by System: 2009 VS 2019 VS 2025 Table 34: United States Data Center Support Infrastructure Latent Demand Forecasts in US$ Million by Vertical: 2018 to 2025 Table 35: Data Center Support Infrastructure Historic Demand Patterns in the United States by Vertical in US$ Million for 2009-2017 Table 36: Data Center Support Infrastructure Market Share Breakdown in the United States by Vertical: 2009 VS 2019 VS 2025 CANADA Table 37: Canadian Data Center Support Infrastructure Market Estimates and Forecasts in US$ Million by System: 2018 to 2025 Table 38: Canadian Data Center Support Infrastructure Historic Market Review by System in US$ Million: 2009-2017 Table 39: Data Center Support Infrastructure Market in Canada: Percentage Share Breakdown of Sales by System for 2009, 2019, and 2025 Table 40: Canadian Data Center Support Infrastructure Market Quantitative Demand Analysis in US$ Million by Vertical: 2to 2025 Table 41: Data Center Support Infrastructure Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Vertical for 2009-2017 Table 42: Canadian Data Center Support Infrastructure Market Share Analysis by Vertical: 2009 VS 2019 VS 2025 JAPAN Table 43: Japanese Market for Data Center Support Infrastructure: Annual Sales Estimates and Projections in US$ Million by System for the Period 2018-2025 Table 44: Data Center Support Infrastructure Market in Japan: Historic Sales Analysis in US$ Million by System for the Period 2009-2017 Table 45: Japanese Data Center Support Infrastructure Market Share Analysis by System: 2009 VS 2019 VS 2025 Table 46: Japanese Demand Estimates and Forecasts for Data Center Support Infrastructure in US$ Million by Vertical: 2to 2025 Table 47: Japanese Data Center Support Infrastructure Market in US$ Million by Vertical: 2009-2017 Table 48: Data Center Support Infrastructure Market Share Shift in Japan by Vertical: 2009 VS 2019 VS 2025 CHINA Table 49: Chinese Data Center Support Infrastructure Market Growth Prospects in US$ Million by System for the Period 2018-2025 Table 50: Data Center Support Infrastructure Historic Market Analysis in China in US$ Million by System: 2009-2017 Table 51: Chinese Data Center Support Infrastructure Market by System: Percentage Breakdown of Sales for 2009, 2019, and 2025 Table 52: Chinese Demand for Data Center Support Infrastructure in US$ Million by Vertical: 2018 to 2025 Table 53: Data Center Support Infrastructure Market Review in China in US$ Million by Vertical: 2009-2017 Table 54: Chinese Data Center Support Infrastructure Market Share Breakdown by Vertical: 2009 VS 2019 VS 2025 EUROPE Table 55: European Data Center Support Infrastructure Market Demand Scenario in US$ Million by Region/Country: 2018-2025 Table 56: Data Center Support Infrastructure Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017 Table 57: European Data Center Support Infrastructure Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 Table 58: European Data Center Support Infrastructure Market Estimates and Forecasts in US$ Million by System: 2018-2025 Table 59: Data Center Support Infrastructure Market in Europe in US$ Million by System: A Historic Review for the Period 2009-2017 Table 60: European Data Center Support Infrastructure Market Share Breakdown by System: 2009 VS 2019 VS 2025 Table 61: European Data Center Support Infrastructure Addressable Market Opportunity in US$ Million by Vertical: 2018-2025 Table 62: Data Center Support Infrastructure Market in Europe: Summarization of Historic Demand in US$ Million by Vertical for the Period 2009-2017 Table 63: European Data Center Support Infrastructure Market Share Analysis by Vertical: 2009 VS 2019 VS 2025 FRANCE Table 64: Data Center Support Infrastructure Market in France by System: Estimates and Projections in US$ Million for the Period 2018-2025 Table 65: French Data Center Support Infrastructure Historic Market Scenario in US$ Million by System: 2009-2017 Table 66: French Data Center Support Infrastructure Market Share Analysis by System: 2009 VS 2019 VS 2025 Table 67: Data Center Support Infrastructure Quantitative Demand Analysis in France in US$ Million by Vertical: 2018-2025 Table 68: French Data Center Support Infrastructure Historic Market Review in US$ Million by Vertical: 2009-2017 Table 69: French Data Center Support Infrastructure Market Share Analysis: A 17-Year Perspective by Vertical for 2009, 2019, and 2025 GERMANY Table 70: Data Center Support Infrastructure Market in Germany: Recent Past, Current and Future Analysis in US$ Million by System for the Period 2018-2025 Table 71: German Data Center Support Infrastructure Historic Market Analysis in US$ Million by System: 2009-2017 Table 72: German Data Center Support Infrastructure Market Share Breakdown by System: 2009 VS 2019 VS 2025 Table 73: Data Center Support Infrastructure Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Vertical for the Period 2018-2025 Table 74: German Data Center Support Infrastructure Market in Retrospect in US$ Million by Vertical: 2009-2017 Table 75: Data Center Support Infrastructure Market Share Distribution in Germany by Vertical: 2009 VS 2019 VS 2025 ITALY Table 76: Italian Data Center Support Infrastructure Market Growth Prospects in US$ Million by System for the Period 2018-2025 Table 77: Data Center Support Infrastructure Historic Market Analysis in Italy in US$ Million by System: 2009-2017 Table 78: Italian Data Center Support Infrastructure Market by System: Percentage Breakdown of Sales for 2009, 2019, and 2025 Table 79: Italian Demand for Data Center Support Infrastructure in US$ Million by Vertical: 2018 to 2025 Table 80: Data Center Support Infrastructure Market Review in Italy in US$ Million by Vertical: 2009-2017 Table 81: Italian Data Center Support Infrastructure Market Share Breakdown by Vertical: 2009 VS 2019 VS 2025 UNITED KINGDOM Table 82: United Kingdom Market for Data Center Support Infrastructure: Annual Sales Estimates and Projections in US$ Million by System for the Period 2018-2025 Table 83: Data Center Support Infrastructure Market in the United Kingdom: Historic Sales Analysis in US$ Million by System for the Period 2009-2017 Table 84: United Kingdom Data Center Support Infrastructure Market Share Analysis by System: 2009 VS 2019 VS 2025 Table 85: United Kingdom Demand Estimates and Forecasts for Data Center Support Infrastructure in US$ Million by Vertical: 2018 to 2025 Table 86: United Kingdom Data Center Support Infrastructure Market in US$ Million by Vertical: 2009-2017 Table 87: Data Center Support Infrastructure Market Share Shift in the United Kingdom by Vertical: 2009 VS 2019 VS 2025 REST OF EUROPE Table 88: Rest of Europe Data Center Support Infrastructure Market Estimates and Forecasts in US$ Million by System: 2018-2025 Table 89: Data Center Support Infrastructure Market in Rest of Europe in US$ Million by System: A Historic Review for the Period 2009-2017 Table 90: Rest of Europe Data Center Support Infrastructure Market Share Breakdown by System: 2009 VS 2019 VS 2025 Table 91: Rest of Europe Data Center Support Infrastructure Addressable Market Opportunity in US$ Million by Vertical: 2018-2025 Table 92: Data Center Support Infrastructure Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Vertical for the Period 2009-2017 Table 93: Rest of Europe Data Center Support Infrastructure Market Share Analysis by Vertical: 2009 VS 2019 VS 2025 ASIA-PACIFIC Table 94: Data Center Support Infrastructure Market in Asia-Pacific by System: Estimates and Projections in US$ Million for the Period 2018-2025 Table 95: Asia-Pacific Data Center Support Infrastructure Historic Market Scenario in US$ Million by System: 2009-2017 Table 96: Asia-Pacific Data Center Support Infrastructure Market Share Analysis by System: 2009 VS 2019 VS 2025 Table 97: Data Center Support Infrastructure Quantitative Demand Analysis in Asia-Pacific in US$ Million by Vertical: 2018-2025 Table 98: Asia-Pacific Data Center Support Infrastructure Historic Market Review in US$ Million by Vertical: 2009-2017 Table 99: Asia-Pacific Data Center Support Infrastructure Market Share Analysis: A 17-Year Perspective by Vertical for 2009, 2019, and 2025 REST OF WORLD Table 100: Rest of World Data Center Support Infrastructure Market Estimates and Forecasts in US$ Million by System: 2to 2025 Table 101: Rest of World Data Center Support Infrastructure Historic Market Review by System in US$ Million: 2009-2017 Table 102: Data Center Support Infrastructure Market in Rest of World: Percentage Share Breakdown of Sales by System for 2009, 2019, and 2025 Table 103: Rest of World Data Center Support Infrastructure Market Quantitative Demand Analysis in US$ Million by Vertical: 2018 to 2025 Table 104: Data Center Support Infrastructure Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by Vertical for 2009-2017 Table 105: Rest of World Data Center Support Infrastructure Market Share Analysis by Vertical: 2009 VS 2019 VS 2025 IV. COMPETITION Total Companies Profiled : 37 (including Divisions/Subsidiaries - 39) Read the full report: https://www.reportlinker.com/p05798301/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
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Global Data Center Support Infrastructure Industry
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NEW YORK, April 6, 2020 /PRNewswire/ -- Data Center Support Infrastructure market worldwide is projected to grow by US$38.1 Billion, driven by a compounded growth of 9.4%. Power, one of the segments analyzed and sized in this study, displays the potential to grow at over 8.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$37 Billion by the year 2025, Power will bring in healthy gains adding significant momentum to global growth. Read the full report: https://www.reportlinker.com/p05798301/?utm_source=PRN - Representing the developed world, the United States will maintain a 9.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.1 Billion to the regions size and clout in the next 5 to 6 years. Over US$1.8 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Power will reach a market size of US$1.5 Billion by the close of the analysis period. As the worlds second largest economy and the new game changer in global markets, China exhibits the potential to grow at 11.7% over the next couple of years and add approximately US$2.3 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies. - Competitors identified in this market include, among others, ABB Limited Eaton Corporation Hewlett Packard Enterprise Development LP Hitachi Vantara Huawei Technologies Co., Ltd. Intel Corporation McAfee, LLC Raritan, Inc. Rittal GmbH & Co. KG Schneider Electric SE (France) Siemens AG Vertiv Group Corp. Read the full report: https://www.reportlinker.com/p05798301/?utm_source=PRN DATA CENTER SUPPORT INFRASTRUCTURE MCP11MARKET ANALYSIS, TRENDS, AND FORECASTS, MARCH 2CONTENTS I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Data Centers: Information Powerhouses for Modern Day Organizations Data Center Support Infrastructure: Current Prospects and Outlook Recent Market Activity 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS Sustained Demand for Data Center Services Widens Opportunities for Data Center Support Infrastructure Market Data Center Workloads Continue to Surge Globally Exhibit 1: Global Data Center IP Traffic in Zettabytes for the Years 2016, 2018, 2020 & 2022 Rise of Cloud Data Centers Triggers Exponential Rise in Data Center Demand Exhibit 2: Global Data Center IP Traffic Breakdown (in %) by Cloud and Traditional Data Centers for the Years 2017, 2and 2021 Robust Demand for Data Center Storage Amplifies Data Center Workloads Exhibit 3: Global Data Center Storage Capacity: Amount of Data Stored in Data Centers (in Exabytes) for the Years 2015, 2017, 2019 and 2021 Need for Top of Class Data Center Power Solutions Accelerates Market Expansion Exhibit 4: Global Data Center Power Market Revenues by End-Use Sector (in %): 2019 Exhibit 5: Global Data Center UPS Market Size Breakdown by Small Data Centers, Medium Data Centers, and Large Data Centers for 2019 Soaring Investments on Data Center Cooling Systems Drive Overall Market Momentum Exhibit 6: World Data Center Cooling Market Revenues Breakdown (in %) by Structure for 2019 Asia-Pacific to Offer Lucrative Opportunities Focus on Energy Efficient Data Center Operations Throws the Spotlight on Cooling Innovations Increased Emphasis on Data Center Security Underpins Revenue Growth Enterprises Step Up Datacenter Security Investments Growing Number and Magnitude of Datacenter Security Breaches Fuels Demand for Datacenter Security Exhibit 7: Number of Data Breaches in the US for the Years 2015-2018 Top Data Center Security Breaches: A Review Logical Data Center Security Solutions Score Over Physical Data Center Security Solutions Exhibit 8: Global Data Center Security Solutions Market Breakdown (in %) by Logical Security Solutions and Physical Security Solutions Segments: 2019 Data Center Monitoring & Measurement Technologies: Major Revenue Contributors Elimination of Unnecessary Infrastructure & Focus on Consolidation Identification of Underutilized Servers Modernization Initiatives of Government & Public Sector Data Centers Widen Business Prospects High Growth Prospects in Banking and Financial Services Data Centers Novel Growth Opportunities Prevail in Power & Energy Sector Futuristic Hyperscale and 400G Data Centers Augment Business Case Big Data and Cloud Computing Proliferate Demand for Hyperscale Data Centers Exhibit 9: Number of Hyperscale Data Centers Worldwide (in Units) for the Period 2015-2021 Advanced Data Center Infrastructure Solutions for Hyperscale Requirements AI and ML Come to the Fore to Reinforce Data Center Support Infrastructure Marketplace 4. GLOBAL MARKET PERSPECTIVE Table 1: Data Center Support Infrastructure Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 Table 2: Data Center Support Infrastructure Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017 Table 3: Data Center Support Infrastructure Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 Table 4: Power (System) World Market by Region/Country in US$ Million: 2018 to 2025 Table 5: Power (System) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017 Table 6: Power (System) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025 Table 7: Cooling (System) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025 Table 8: Cooling (System) Historic Market Perspective by Region/Country in US$ Million: 2009 to 2017 Table 9: Cooling (System) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025 Table 10: Security (System) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025 Table 11: Security (System) Region Wise Breakdown of Global Historic Demand in US$ Million: 2009 to 2017 Table 12: Security (System) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 Table 13: Monitoring & Measurement (System) World Market Estimates and Forecasts by Region/Country in US$ Million: 2to 2025 Table 14: Monitoring & Measurement (System) Market Historic Review by Region/Country in US$ Million: 2009 to 2017 Table 15: Monitoring & Measurement (System) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 Table 16: BFSI (Vertical) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2018-2025 Table 17: BFSI (Vertical) Global Historic Analysis in US$ Million by Region/Country: 2009-2017 Table 18: BFSI (Vertical) Distribution of Global Sales by Region/Country: 2009 VS 2019 VS 2025 Table 19: IT & Telecom (Vertical) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2018 through 2025 Table 20: IT & Telecom (Vertical) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2009 to 2017 Table 21: IT & Telecom (Vertical) Global Market Share Distribution by Region/Country for 2009, 2019, and 2025 Table 22: Government (Vertical) Global Opportunity Assessment in US$ Million by Region/Country: 2018-2025 Table 23: Government (Vertical) Historic Sales Analysis in US$ Million by Region/Country: 2009-2017 Table 24: Government (Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2009 VS 2019 VS 2025 Table 25: Energy (Vertical) Worldwide Sales in US$ Million by Region/Country: 2018-2025 Table 26: Energy (Vertical) Historic Demand Patterns in US$ Million by Region/Country: 2009-2017 Table 27: Energy (Vertical) Market Share Shift across Key Geographies: 2009 VS 2019 VS 2025 Table 28: Other Verticals (Vertical) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2018-2025 Table 29: Other Verticals (Vertical) Retrospective Demand Analysis in US$ Million by Region/Country: 2009-2017 Table 30: Other Verticals (Vertical) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Table 31: United States Data Center Support Infrastructure Market Estimates and Projections in US$ Million by System: 2to 2025 Table 32: Data Center Support Infrastructure Market in the United States by System: A Historic Review in US$ Million for 2009-2017 Table 33: United States Data Center Support Infrastructure Market Share Breakdown by System: 2009 VS 2019 VS 2025 Table 34: United States Data Center Support Infrastructure Latent Demand Forecasts in US$ Million by Vertical: 2018 to 2025 Table 35: Data Center Support Infrastructure Historic Demand Patterns in the United States by Vertical in US$ Million for 2009-2017 Table 36: Data Center Support Infrastructure Market Share Breakdown in the United States by Vertical: 2009 VS 2019 VS 2025 CANADA Table 37: Canadian Data Center Support Infrastructure Market Estimates and Forecasts in US$ Million by System: 2018 to 2025 Table 38: Canadian Data Center Support Infrastructure Historic Market Review by System in US$ Million: 2009-2017 Table 39: Data Center Support Infrastructure Market in Canada: Percentage Share Breakdown of Sales by System for 2009, 2019, and 2025 Table 40: Canadian Data Center Support Infrastructure Market Quantitative Demand Analysis in US$ Million by Vertical: 2to 2025 Table 41: Data Center Support Infrastructure Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Vertical for 2009-2017 Table 42: Canadian Data Center Support Infrastructure Market Share Analysis by Vertical: 2009 VS 2019 VS 2025 JAPAN Table 43: Japanese Market for Data Center Support Infrastructure: Annual Sales Estimates and Projections in US$ Million by System for the Period 2018-2025 Table 44: Data Center Support Infrastructure Market in Japan: Historic Sales Analysis in US$ Million by System for the Period 2009-2017 Table 45: Japanese Data Center Support Infrastructure Market Share Analysis by System: 2009 VS 2019 VS 2025 Table 46: Japanese Demand Estimates and Forecasts for Data Center Support Infrastructure in US$ Million by Vertical: 2to 2025 Table 47: Japanese Data Center Support Infrastructure Market in US$ Million by Vertical: 2009-2017 Table 48: Data Center Support Infrastructure Market Share Shift in Japan by Vertical: 2009 VS 2019 VS 2025 CHINA Table 49: Chinese Data Center Support Infrastructure Market Growth Prospects in US$ Million by System for the Period 2018-2025 Table 50: Data Center Support Infrastructure Historic Market Analysis in China in US$ Million by System: 2009-2017 Table 51: Chinese Data Center Support Infrastructure Market by System: Percentage Breakdown of Sales for 2009, 2019, and 2025 Table 52: Chinese Demand for Data Center Support Infrastructure in US$ Million by Vertical: 2018 to 2025 Table 53: Data Center Support Infrastructure Market Review in China in US$ Million by Vertical: 2009-2017 Table 54: Chinese Data Center Support Infrastructure Market Share Breakdown by Vertical: 2009 VS 2019 VS 2025 EUROPE Table 55: European Data Center Support Infrastructure Market Demand Scenario in US$ Million by Region/Country: 2018-2025 Table 56: Data Center Support Infrastructure Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017 Table 57: European Data Center Support Infrastructure Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 Table 58: European Data Center Support Infrastructure Market Estimates and Forecasts in US$ Million by System: 2018-2025 Table 59: Data Center Support Infrastructure Market in Europe in US$ Million by System: A Historic Review for the Period 2009-2017 Table 60: European Data Center Support Infrastructure Market Share Breakdown by System: 2009 VS 2019 VS 2025 Table 61: European Data Center Support Infrastructure Addressable Market Opportunity in US$ Million by Vertical: 2018-2025 Table 62: Data Center Support Infrastructure Market in Europe: Summarization of Historic Demand in US$ Million by Vertical for the Period 2009-2017 Table 63: European Data Center Support Infrastructure Market Share Analysis by Vertical: 2009 VS 2019 VS 2025 FRANCE Table 64: Data Center Support Infrastructure Market in France by System: Estimates and Projections in US$ Million for the Period 2018-2025 Table 65: French Data Center Support Infrastructure Historic Market Scenario in US$ Million by System: 2009-2017 Table 66: French Data Center Support Infrastructure Market Share Analysis by System: 2009 VS 2019 VS 2025 Table 67: Data Center Support Infrastructure Quantitative Demand Analysis in France in US$ Million by Vertical: 2018-2025 Table 68: French Data Center Support Infrastructure Historic Market Review in US$ Million by Vertical: 2009-2017 Table 69: French Data Center Support Infrastructure Market Share Analysis: A 17-Year Perspective by Vertical for 2009, 2019, and 2025 GERMANY Table 70: Data Center Support Infrastructure Market in Germany: Recent Past, Current and Future Analysis in US$ Million by System for the Period 2018-2025 Table 71: German Data Center Support Infrastructure Historic Market Analysis in US$ Million by System: 2009-2017 Table 72: German Data Center Support Infrastructure Market Share Breakdown by System: 2009 VS 2019 VS 2025 Table 73: Data Center Support Infrastructure Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Vertical for the Period 2018-2025 Table 74: German Data Center Support Infrastructure Market in Retrospect in US$ Million by Vertical: 2009-2017 Table 75: Data Center Support Infrastructure Market Share Distribution in Germany by Vertical: 2009 VS 2019 VS 2025 ITALY Table 76: Italian Data Center Support Infrastructure Market Growth Prospects in US$ Million by System for the Period 2018-2025 Table 77: Data Center Support Infrastructure Historic Market Analysis in Italy in US$ Million by System: 2009-2017 Table 78: Italian Data Center Support Infrastructure Market by System: Percentage Breakdown of Sales for 2009, 2019, and 2025 Table 79: Italian Demand for Data Center Support Infrastructure in US$ Million by Vertical: 2018 to 2025 Table 80: Data Center Support Infrastructure Market Review in Italy in US$ Million by Vertical: 2009-2017 Table 81: Italian Data Center Support Infrastructure Market Share Breakdown by Vertical: 2009 VS 2019 VS 2025 UNITED KINGDOM Table 82: United Kingdom Market for Data Center Support Infrastructure: Annual Sales Estimates and Projections in US$ Million by System for the Period 2018-2025 Table 83: Data Center Support Infrastructure Market in the United Kingdom: Historic Sales Analysis in US$ Million by System for the Period 2009-2017 Table 84: United Kingdom Data Center Support Infrastructure Market Share Analysis by System: 2009 VS 2019 VS 2025 Table 85: United Kingdom Demand Estimates and Forecasts for Data Center Support Infrastructure in US$ Million by Vertical: 2018 to 2025 Table 86: United Kingdom Data Center Support Infrastructure Market in US$ Million by Vertical: 2009-2017 Table 87: Data Center Support Infrastructure Market Share Shift in the United Kingdom by Vertical: 2009 VS 2019 VS 2025 REST OF EUROPE Table 88: Rest of Europe Data Center Support Infrastructure Market Estimates and Forecasts in US$ Million by System: 2018-2025 Table 89: Data Center Support Infrastructure Market in Rest of Europe in US$ Million by System: A Historic Review for the Period 2009-2017 Table 90: Rest of Europe Data Center Support Infrastructure Market Share Breakdown by System: 2009 VS 2019 VS 2025 Table 91: Rest of Europe Data Center Support Infrastructure Addressable Market Opportunity in US$ Million by Vertical: 2018-2025 Table 92: Data Center Support Infrastructure Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Vertical for the Period 2009-2017 Table 93: Rest of Europe Data Center Support Infrastructure Market Share Analysis by Vertical: 2009 VS 2019 VS 2025 ASIA-PACIFIC Table 94: Data Center Support Infrastructure Market in Asia-Pacific by System: Estimates and Projections in US$ Million for the Period 2018-2025 Table 95: Asia-Pacific Data Center Support Infrastructure Historic Market Scenario in US$ Million by System: 2009-2017 Table 96: Asia-Pacific Data Center Support Infrastructure Market Share Analysis by System: 2009 VS 2019 VS 2025 Table 97: Data Center Support Infrastructure Quantitative Demand Analysis in Asia-Pacific in US$ Million by Vertical: 2018-2025 Table 98: Asia-Pacific Data Center Support Infrastructure Historic Market Review in US$ Million by Vertical: 2009-2017 Table 99: Asia-Pacific Data Center Support Infrastructure Market Share Analysis: A 17-Year Perspective by Vertical for 2009, 2019, and 2025 REST OF WORLD Table 100: Rest of World Data Center Support Infrastructure Market Estimates and Forecasts in US$ Million by System: 2to 2025 Table 101: Rest of World Data Center Support Infrastructure Historic Market Review by System in US$ Million: 2009-2017 Table 102: Data Center Support Infrastructure Market in Rest of World: Percentage Share Breakdown of Sales by System for 2009, 2019, and 2025 Table 103: Rest of World Data Center Support Infrastructure Market Quantitative Demand Analysis in US$ Million by Vertical: 2018 to 2025 Table 104: Data Center Support Infrastructure Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by Vertical for 2009-2017 Table 105: Rest of World Data Center Support Infrastructure Market Share Analysis by Vertical: 2009 VS 2019 VS 2025 IV. COMPETITION Total Companies Profiled : 37 (including Divisions/Subsidiaries - 39) Read the full report: https://www.reportlinker.com/p05798301/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
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edtsum4501
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)--Technavio has been monitoring the live music market and it is poised to grow by USD 10.66 billion during 2020-2024, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Click & Get a Free sample report in minutes Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the live music market. The market growth in 2020 is likely to increase compared to market growth in 2019. Frequently Asked Questions: Related Reports on Consumer Discretionary Include: Global Event Tickets Market- The event tickets market is segmented by sources (primary and secondary), event types (sporting events, concerts, performing arts, and others), and geographic landscape (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report Global Disc Jockey (DJ) Consoles Market- The global disc jockey consoles market is segmented by geography (APAC, Europe, MEA, North America, and South America) and product (DJ controllers, DJ mixers, media players, turntables, and others). Click Here to Get an Exclusive Free Sample Report Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing The market is concentrated, and the degree of concentration will accelerate during the forecast period. Ace Ticket Worldwide Inc., alliancetickets.com, Bassett Events Inc., Berkeley City Club, Brown Paper Tickets LLC, Cvent Inc., Eventbrite Inc., RazorGator LLC, Steinway Inc., and Ticketmaster Entertainment Inc. are some of the major market participants. Although the increased booking of tickets by mobile apps will offer immense growth opportunities, the security concerns are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this live music market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Live Music Market 2020-2024: Segmentation Live Music Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41087 Live Music Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The live music market report covers the following areas: This study identifies an increase in service offerings by event organizers as one of the prime reasons driving the live music market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Live Music Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Revenue Market Segmentation by Genre Customer landscape Geographic Landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Live Music Market Research 2020-2024 | COVID-19 Market Impact Analysis for the New Normal | Technavio
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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the live music market and it is poised to grow by USD 10.66 billion during 2020-2024, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Click & Get a Free sample report in minutes Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the live music market. The market growth in 2020 is likely to increase compared to market growth in 2019. Frequently Asked Questions: Related Reports on Consumer Discretionary Include: Global Event Tickets Market- The event tickets market is segmented by sources (primary and secondary), event types (sporting events, concerts, performing arts, and others), and geographic landscape (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report Global Disc Jockey (DJ) Consoles Market- The global disc jockey consoles market is segmented by geography (APAC, Europe, MEA, North America, and South America) and product (DJ controllers, DJ mixers, media players, turntables, and others). Click Here to Get an Exclusive Free Sample Report Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing The market is concentrated, and the degree of concentration will accelerate during the forecast period. Ace Ticket Worldwide Inc., alliancetickets.com, Bassett Events Inc., Berkeley City Club, Brown Paper Tickets LLC, Cvent Inc., Eventbrite Inc., RazorGator LLC, Steinway Inc., and Ticketmaster Entertainment Inc. are some of the major market participants. Although the increased booking of tickets by mobile apps will offer immense growth opportunities, the security concerns are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this live music market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Live Music Market 2020-2024: Segmentation Live Music Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41087 Live Music Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The live music market report covers the following areas: This study identifies an increase in service offerings by event organizers as one of the prime reasons driving the live music market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Live Music Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Revenue Market Segmentation by Genre Customer landscape Geographic Landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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edtsum4511
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)--Technavio has been monitoring the K-12 instruction material market and it is poised to grow by USD 9.74 during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19 Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the K-12 instruction material market. The market growth in 2020 is likely to increase compared to the market growth in 2019. Frequently Asked Questions: Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Blackboard Inc., Cengage Learning Holdings II Inc., Follett Corp., Hachette Book Group Inc., Houghton Mifflin Harcourt Co., Mastery Education, McGraw-Hill Education Inc., Pearson Plc, SANTILLANA GLOBAL SL, and Scholastic Corp. are some of the major market participants. Although the increasing demand for adaptive learning will offer immense growth opportunities, low digital literacy is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this K-12 instruction material market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. K-12 Instruction Material Market 2020-2024: Segmentation K-12 Instruction Material Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44615 K-12 Instruction Material Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The K-12 instruction material market report covers the following areas: This study identifies the growing momentum of the learning management system as one of the prime reasons driving the K-12 Instruction Material Market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform K-12 Instruction Material Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Market Segmentation by Course offering Customer landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Global K-12 Instruction Material Market 2020-2024 | Analysis on Key Drivers, Trends, and Challenges affecting Growth | Technavio
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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the K-12 instruction material market and it is poised to grow by USD 9.74 during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19 Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the K-12 instruction material market. The market growth in 2020 is likely to increase compared to the market growth in 2019. Frequently Asked Questions: Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Blackboard Inc., Cengage Learning Holdings II Inc., Follett Corp., Hachette Book Group Inc., Houghton Mifflin Harcourt Co., Mastery Education, McGraw-Hill Education Inc., Pearson Plc, SANTILLANA GLOBAL SL, and Scholastic Corp. are some of the major market participants. Although the increasing demand for adaptive learning will offer immense growth opportunities, low digital literacy is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this K-12 instruction material market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. K-12 Instruction Material Market 2020-2024: Segmentation K-12 Instruction Material Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44615 K-12 Instruction Material Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The K-12 instruction material market report covers the following areas: This study identifies the growing momentum of the learning management system as one of the prime reasons driving the K-12 Instruction Material Market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform K-12 Instruction Material Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Market Segmentation by Course offering Customer landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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edtsum4514
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BOSTON, July 13, 2020 /PRNewswire/ --V12, a leading provider of purchase intent insight and marketing services announced that its family of in-market purchase intent solutions, V12 Signals, has grown to the point that automotive marketers can use behavioral intent data exclusively to target all automotive shoppers in the US. V12's Signals Mobile product now identifies 71MM individual on-lot shoppers annually New product V12 Signals Online identifies 50MM individual automotive web browsers annually At historical conversion rates, V12 Signals identifies shoppers and buyers for 17MM cars and light tracks annuallyor 100% of the 2019 sales run rate in the US According to Andy Frawley, CEO of V12, "Our product team is continuously developing and expanding our in-market intent solutions in order to provide our clients with insights into consumers who are actively shopping for vehicles at every point along the purchase journey. With the ability to now see literally 100% of vehicles sold in the U.S., we have completely changed automotive marketing. By seeing intent, not just predicting it, our clients can better prioritize marketing spend on high-value consumers most likely to convert." Developed over a four-year time period, the V12 Signals family of purchase intent products is the largest and most accurate in-market shopping database in the automotive industry. V12 Signals Online, the newest addition to the product suite, captures online auto browsing and shopping behavior data collected in real-time and markets to cookie-less audience clusters of consumers in market to buy a car, down to the brand and model level. Signals Mobile provides brands with insights on consumers who have recently visiting their dealership or a competitive lot. Signals WebID allows brands to identify up to 50% of unknown website visitors and market to them with omnichannel campaigns. Rounding out the family of products is Signals Events, which provides behavioral and lifestyle triggers which often indicate intent to purchase. "Consumer behavior and purchase patterns are radically changing across the automotive industry, making it extremely difficult for auto brands to pivot spend and marketing programs in order to keep pace. However, the fact that we can see vehicle purchases at such massive scale in this rapidly changing economy is a huge testimony to the technical innovation and unparalleled power of our Signals technology," said Anders Ekman, President of V12. "Automotive marketers have had to rely on models and inferred behavior for many years, and we are thrilled to be able to provide this level of precision and accuracy." About V12 As a leading provider of customer acquisition and retention solutions, V12's new breed of marketing blends data, technology and analytics to drive accelerated results. Our comprehensive acquisition packages leverage industry-leading data, in-market shopping indicators, state-of-the-art analytics and end-to-end omnichannel marketing execution. Powered by our market leading Customer Data Platform solution, V12 Velocity, our easy to use solutions include a quick-start acquisition program and a full-access bundle to acquire, retain and upsell in-market shoppers. www.v12data.com SOURCE V12 Related Links http://www.v12data.com
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V12 Signals Family of In-Market Automotive Purchase Intent Solutions Sets New Milestone by Providing Visibility into 100% of U.S. Automotive Sales 5x Growth in Signals Mobile Lot Visit Identification Propels Radical Advancement in Automotive Targeting
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BOSTON, July 13, 2020 /PRNewswire/ --V12, a leading provider of purchase intent insight and marketing services announced that its family of in-market purchase intent solutions, V12 Signals, has grown to the point that automotive marketers can use behavioral intent data exclusively to target all automotive shoppers in the US. V12's Signals Mobile product now identifies 71MM individual on-lot shoppers annually New product V12 Signals Online identifies 50MM individual automotive web browsers annually At historical conversion rates, V12 Signals identifies shoppers and buyers for 17MM cars and light tracks annuallyor 100% of the 2019 sales run rate in the US According to Andy Frawley, CEO of V12, "Our product team is continuously developing and expanding our in-market intent solutions in order to provide our clients with insights into consumers who are actively shopping for vehicles at every point along the purchase journey. With the ability to now see literally 100% of vehicles sold in the U.S., we have completely changed automotive marketing. By seeing intent, not just predicting it, our clients can better prioritize marketing spend on high-value consumers most likely to convert." Developed over a four-year time period, the V12 Signals family of purchase intent products is the largest and most accurate in-market shopping database in the automotive industry. V12 Signals Online, the newest addition to the product suite, captures online auto browsing and shopping behavior data collected in real-time and markets to cookie-less audience clusters of consumers in market to buy a car, down to the brand and model level. Signals Mobile provides brands with insights on consumers who have recently visiting their dealership or a competitive lot. Signals WebID allows brands to identify up to 50% of unknown website visitors and market to them with omnichannel campaigns. Rounding out the family of products is Signals Events, which provides behavioral and lifestyle triggers which often indicate intent to purchase. "Consumer behavior and purchase patterns are radically changing across the automotive industry, making it extremely difficult for auto brands to pivot spend and marketing programs in order to keep pace. However, the fact that we can see vehicle purchases at such massive scale in this rapidly changing economy is a huge testimony to the technical innovation and unparalleled power of our Signals technology," said Anders Ekman, President of V12. "Automotive marketers have had to rely on models and inferred behavior for many years, and we are thrilled to be able to provide this level of precision and accuracy." About V12 As a leading provider of customer acquisition and retention solutions, V12's new breed of marketing blends data, technology and analytics to drive accelerated results. Our comprehensive acquisition packages leverage industry-leading data, in-market shopping indicators, state-of-the-art analytics and end-to-end omnichannel marketing execution. Powered by our market leading Customer Data Platform solution, V12 Velocity, our easy to use solutions include a quick-start acquisition program and a full-access bundle to acquire, retain and upsell in-market shoppers. www.v12data.com SOURCE V12 Related Links http://www.v12data.com
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edtsum4520
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, Feb. 22, 2021 /PRNewswire/ --Knock, the real estate technology company on a mission to empower people to move freely, announced today that it has hired mortgage and home loan industry veteran Laura Gray as Head of Lending. In this role, Gray will lead the day-to-day operations of Knock's innovative lending operation that powers the Knock Home Swap, a revolutionary way for homeowners to buy their new home before they sell.Reporting to Knock Co-Founder & CEO Sean Black, Gray brings more than 30 years of experience across all facets of the mortgage origination and lending process. Gray brings more than 30 years of experience across all facets of mortgage origination and lending. Tweet this "We're excited to welcome Laura to Knock. Our lending technology and operation is the backbone of the Home Swap, which brings certainty, convenience and cost savings to people who want to swap the home they have for their dream home. Laura brings the leadership and operational expertise that will ensure we're able to exceed the expectations of our customers and industry partners while scaling our business nationally in order to give everyone the freedom to move on their terms," said Black. Gray has worked in all aspects of lending, beginning her career as a junior processor and rising through the ranks to hold national operations and underwriting roles at some of the nation's largest and best-known lending institutions, including Peoples Bank Mortgage, Wyndham Capital Mortgage, Fifth Third Bank and Wells Fargo. "After spending my career at some of the largest and fastest growing lenders in the nation, it's exciting to be joining Knock," Gray said. "By leveraging technology, Knock is transforming how people buy and sell homes and, in turn, making it easier for them to realize their homeownership dreams. Knock has built a strong company culture that is built on transparency and putting its people first."The Knock Home Swap provides a fully integrated and competitively priced mortgage as well as up to $200,000 in an interest-free bridge loan to cover the down payment on the new home and home prep and up to six months of mortgage payments on the old house. The Knock Home Swap is available today in 17 markets across Arizona, Colorado, Florida, Georgia, North Carolina and Texas. Knock plans to nearly double the number of markets it serves in 2021 and be in 75 markets by 2023. About KnockKnock is on a mission to empower people to move freely. The Knock Home Swap makes it easy for consumers to buy their new dream home before selling their old one, skipping the hassles of living through repairs and showings, paying only one mortgage at a time, and having home prep covered upfront so their old house sells for the highest possible price. Knock currently offers the Home Swap in 17 markets in six states and plans to nearly double the number of markets it serves in 2021 and be in 75 markets by 2023.Launched in 2015 by founding team members of Trulia.com, Knock has raised more than $600 million in debt and equity from top tier investors, including RRE Ventures, Foundry Group, Redpoint, Greycroft, Corazon Capital, Correlation Ventures, Great Oaks Venture Capital and FJ Labs.Media contact: [emailprotected]SOURCE Knock Related Links www.knock.com
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Knock Taps Industry Veteran Laura Gray As Head of Lending
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NEW YORK, Feb. 22, 2021 /PRNewswire/ --Knock, the real estate technology company on a mission to empower people to move freely, announced today that it has hired mortgage and home loan industry veteran Laura Gray as Head of Lending. In this role, Gray will lead the day-to-day operations of Knock's innovative lending operation that powers the Knock Home Swap, a revolutionary way for homeowners to buy their new home before they sell.Reporting to Knock Co-Founder & CEO Sean Black, Gray brings more than 30 years of experience across all facets of the mortgage origination and lending process. Gray brings more than 30 years of experience across all facets of mortgage origination and lending. Tweet this "We're excited to welcome Laura to Knock. Our lending technology and operation is the backbone of the Home Swap, which brings certainty, convenience and cost savings to people who want to swap the home they have for their dream home. Laura brings the leadership and operational expertise that will ensure we're able to exceed the expectations of our customers and industry partners while scaling our business nationally in order to give everyone the freedom to move on their terms," said Black. Gray has worked in all aspects of lending, beginning her career as a junior processor and rising through the ranks to hold national operations and underwriting roles at some of the nation's largest and best-known lending institutions, including Peoples Bank Mortgage, Wyndham Capital Mortgage, Fifth Third Bank and Wells Fargo. "After spending my career at some of the largest and fastest growing lenders in the nation, it's exciting to be joining Knock," Gray said. "By leveraging technology, Knock is transforming how people buy and sell homes and, in turn, making it easier for them to realize their homeownership dreams. Knock has built a strong company culture that is built on transparency and putting its people first."The Knock Home Swap provides a fully integrated and competitively priced mortgage as well as up to $200,000 in an interest-free bridge loan to cover the down payment on the new home and home prep and up to six months of mortgage payments on the old house. The Knock Home Swap is available today in 17 markets across Arizona, Colorado, Florida, Georgia, North Carolina and Texas. Knock plans to nearly double the number of markets it serves in 2021 and be in 75 markets by 2023. About KnockKnock is on a mission to empower people to move freely. The Knock Home Swap makes it easy for consumers to buy their new dream home before selling their old one, skipping the hassles of living through repairs and showings, paying only one mortgage at a time, and having home prep covered upfront so their old house sells for the highest possible price. Knock currently offers the Home Swap in 17 markets in six states and plans to nearly double the number of markets it serves in 2021 and be in 75 markets by 2023.Launched in 2015 by founding team members of Trulia.com, Knock has raised more than $600 million in debt and equity from top tier investors, including RRE Ventures, Foundry Group, Redpoint, Greycroft, Corazon Capital, Correlation Ventures, Great Oaks Venture Capital and FJ Labs.Media contact: [emailprotected]SOURCE Knock Related Links www.knock.com
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edtsum4529
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ENTERPRISE, Ala., Jan. 7, 2021 /PRNewswire/ -- Top 25 nationally ranked CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI) has increased its presence in the state of Alabama, expanding its locations to serve clients in Mobile and along the Alabama Gulf Coast through the merger of Russell Thompson Butler & Houston, LLP (RTBH). "As a firm founded in the great state of Alabama, it's a priority for us to establish our presence in the major metro areas of the state," stated Bill Carr, chairman and managing partner of CRI. "The Russell Thompson Butler & Houston merger complements the experience of our other Alabama teams, adds depth to our client service delivery and technical expertise, and further increases our firm's strength in Southern Alabama." CRI is one of the fastest-growing and forward-thinking CPA and advisory firms in the nation, now operating in 31 markets across 10 states, with the addition of the RTBH offices to their locations. In addition to providing full-service accounting services such as accounting and auditing, tax, advisory, and client accounting services, the firm operates eight portfolio companiesAuditwerx (SOC reporting and IT audits), CRI Advanced Analytics (data analytics), CRI Capital Advisors (investment banking), CRI Solutions Group (business consulting), CRI TPA Services (retirement plan administration), Paywerx (payroll management), Level Four Advisory Services (wealth management), and The Preferred Legacy Trust Company (trust and estate services). CRI has financial tools and accounting resources available on its website at CRIcpa.com. About Carr, Riggs & Ingram, LLCCRI is a CPA and advisory firm located in more than 30 markets throughout Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, New Mexico, North Carolina, Tennessee, and Texas. CRI's industry specializations include construction, government, banking/financial institutions, healthcare, insurance, not-for-profit, manufacturing, and distribution. CRI offers traditional and specialized services, including audit and assurance, business consulting and support, forensic accounting, IT auditing, retirement plan auditing, SEC compliance, business valuation, tax planning, and trusts and estates work. Additionally, CRI's portfolio companies deliver service organization control (SOC) reports, data analytics, investment banking, business consulting, retirement administration services, wealth management, payroll management, and trust and estate services. CRI is a top 25 nationally ranked accounting firm. For additional information, please visit CRIcpa.com. Media ContactCheryl Hunt,CRI Director of Marketing629.208.7705[emailprotected] Related Images carr-riggs-ingram.jpg Carr, Riggs & Ingram SOURCE Carr, Riggs & Ingram
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Top 25 Nationally Ranked Carr, Riggs & Ingram (CRI) Expands Operations in Alabama CRI Merges Mobile-Based Firm Russell Thompson Butler & Houston, LLP
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ENTERPRISE, Ala., Jan. 7, 2021 /PRNewswire/ -- Top 25 nationally ranked CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI) has increased its presence in the state of Alabama, expanding its locations to serve clients in Mobile and along the Alabama Gulf Coast through the merger of Russell Thompson Butler & Houston, LLP (RTBH). "As a firm founded in the great state of Alabama, it's a priority for us to establish our presence in the major metro areas of the state," stated Bill Carr, chairman and managing partner of CRI. "The Russell Thompson Butler & Houston merger complements the experience of our other Alabama teams, adds depth to our client service delivery and technical expertise, and further increases our firm's strength in Southern Alabama." CRI is one of the fastest-growing and forward-thinking CPA and advisory firms in the nation, now operating in 31 markets across 10 states, with the addition of the RTBH offices to their locations. In addition to providing full-service accounting services such as accounting and auditing, tax, advisory, and client accounting services, the firm operates eight portfolio companiesAuditwerx (SOC reporting and IT audits), CRI Advanced Analytics (data analytics), CRI Capital Advisors (investment banking), CRI Solutions Group (business consulting), CRI TPA Services (retirement plan administration), Paywerx (payroll management), Level Four Advisory Services (wealth management), and The Preferred Legacy Trust Company (trust and estate services). CRI has financial tools and accounting resources available on its website at CRIcpa.com. About Carr, Riggs & Ingram, LLCCRI is a CPA and advisory firm located in more than 30 markets throughout Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, New Mexico, North Carolina, Tennessee, and Texas. CRI's industry specializations include construction, government, banking/financial institutions, healthcare, insurance, not-for-profit, manufacturing, and distribution. CRI offers traditional and specialized services, including audit and assurance, business consulting and support, forensic accounting, IT auditing, retirement plan auditing, SEC compliance, business valuation, tax planning, and trusts and estates work. Additionally, CRI's portfolio companies deliver service organization control (SOC) reports, data analytics, investment banking, business consulting, retirement administration services, wealth management, payroll management, and trust and estate services. CRI is a top 25 nationally ranked accounting firm. For additional information, please visit CRIcpa.com. Media ContactCheryl Hunt,CRI Director of Marketing629.208.7705[emailprotected] Related Images carr-riggs-ingram.jpg Carr, Riggs & Ingram SOURCE Carr, Riggs & Ingram
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edtsum4546
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-8 aircraft on long-term lease to Belavia-Belarusian Airlines. Featuring CFM LEAP-1B engines, this is the first of five new Boeing 737-8s confirmed to deliver to Belavia from ALCs order book with Boeing. ALC is pleased to confirm this historic and significant transaction with Belavia, delivering the airlines first 737-8 today, said Steven F. Udvar-Hzy, Executive Chairman of Air Lease Corporation. Our team introduced the Boeing 737 aircraft family to Belavia 18 years ago and now we are delighted to announce the first of five new 737-8s on long-term lease with the airline. "Since 2003, our passengers have been traveling on Boeing aircraft. Our desire to develop and constantly increase our service level with maximum flight safety does not allow us to stand still. Today, our long-standing partners Air Lease Corporation and Boeing have helped us to open a new page in the development of our fleet. The next-generation Boeing 737-8 aircraft will gradually replace the Boeing 737-300 and Boeing 737-500 operated by our airline, which will significantly renew the aircraft fleet of Belavia-Belarusian Airlines. It should also be noted that the 737-8 aircraft have better characteristics: they are more environmentally friendly and cost-efficient. This will allow us to do what is so expected of us: to reduce the cost of air tickets. For passengers, this aircraft will differ from the usual 737-800 aircraft, primarily in the Business Class cabin. It will be a separate cabin with 12 comfortable seats. Thus, we will offer a significant increase in the service level for our passengers. We are very carefully preparing for acceptance of the aircraft: our pilots completed training for this type of aircraft a year ago. Now, they are repeating training. This also concerns the technical personnel: they are re-trained and confirm their readiness for maintenance of this type of aircraft. When accepting a new aircraft, we must be sure of the safety of our passengers and will do everything to guarantee it. We hope that each trip of our passengers will be more comfortable and bright," said Igor Tcherginets, Director General of Belavia-Belarusian Airlines. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission. About Air Lease Corporation (NYSE: AL) ALC is a leading aircraft leasing company based in Los Angeles, California, that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. ALC routinely posts information that may be important to investors in the Investors section of ALCs website at www.airleasecorp.com. Investors and potential investors are encouraged to consult the ALC website regularly for important information about ALC. The information contained on, or that may be accessed through, ALCs website is not incorporated by reference into, and is not a part of, this press release. About Belavia Belavia-Belarusian Airlines is the largest airline of the Republic of Belarus. It was established on March 5, 1996. The airline is a full member of the International Air Transport Association (IATA) from 1997, a member of the European Regional Airlines Association (ERAA) from 2010. Currently, there are 29 aircraft (one Boeing 737-8, nine Boeing 737-800, two Boeing 737-500, three Boeing 737-300, five Embraer-175, seven Embraer-195, two Embraer 195-E2 aircraft) in the airline's fleet. More information is available on the official website of the airline: www.belavia.by or in social networks: Facebook, Instagram, Twitter, VKontakte.
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Air Lease Corporation Announces Delivery of First of Five New Boeing 737-8 Aircraft to Belavia
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LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-8 aircraft on long-term lease to Belavia-Belarusian Airlines. Featuring CFM LEAP-1B engines, this is the first of five new Boeing 737-8s confirmed to deliver to Belavia from ALCs order book with Boeing. ALC is pleased to confirm this historic and significant transaction with Belavia, delivering the airlines first 737-8 today, said Steven F. Udvar-Hzy, Executive Chairman of Air Lease Corporation. Our team introduced the Boeing 737 aircraft family to Belavia 18 years ago and now we are delighted to announce the first of five new 737-8s on long-term lease with the airline. "Since 2003, our passengers have been traveling on Boeing aircraft. Our desire to develop and constantly increase our service level with maximum flight safety does not allow us to stand still. Today, our long-standing partners Air Lease Corporation and Boeing have helped us to open a new page in the development of our fleet. The next-generation Boeing 737-8 aircraft will gradually replace the Boeing 737-300 and Boeing 737-500 operated by our airline, which will significantly renew the aircraft fleet of Belavia-Belarusian Airlines. It should also be noted that the 737-8 aircraft have better characteristics: they are more environmentally friendly and cost-efficient. This will allow us to do what is so expected of us: to reduce the cost of air tickets. For passengers, this aircraft will differ from the usual 737-800 aircraft, primarily in the Business Class cabin. It will be a separate cabin with 12 comfortable seats. Thus, we will offer a significant increase in the service level for our passengers. We are very carefully preparing for acceptance of the aircraft: our pilots completed training for this type of aircraft a year ago. Now, they are repeating training. This also concerns the technical personnel: they are re-trained and confirm their readiness for maintenance of this type of aircraft. When accepting a new aircraft, we must be sure of the safety of our passengers and will do everything to guarantee it. We hope that each trip of our passengers will be more comfortable and bright," said Igor Tcherginets, Director General of Belavia-Belarusian Airlines. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission. About Air Lease Corporation (NYSE: AL) ALC is a leading aircraft leasing company based in Los Angeles, California, that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. ALC routinely posts information that may be important to investors in the Investors section of ALCs website at www.airleasecorp.com. Investors and potential investors are encouraged to consult the ALC website regularly for important information about ALC. The information contained on, or that may be accessed through, ALCs website is not incorporated by reference into, and is not a part of, this press release. About Belavia Belavia-Belarusian Airlines is the largest airline of the Republic of Belarus. It was established on March 5, 1996. The airline is a full member of the International Air Transport Association (IATA) from 1997, a member of the European Regional Airlines Association (ERAA) from 2010. Currently, there are 29 aircraft (one Boeing 737-8, nine Boeing 737-800, two Boeing 737-500, three Boeing 737-300, five Embraer-175, seven Embraer-195, two Embraer 195-E2 aircraft) in the airline's fleet. More information is available on the official website of the airline: www.belavia.by or in social networks: Facebook, Instagram, Twitter, VKontakte.
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edtsum4563
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CINCINNATI--(BUSINESS WIRE)--Continuing its mission to deliver sustainable solutions, ProAmpac, the flexible packaging leader, announced a premium high-barrier recyclable package for Ocean Sprays Craveology Tuscan Herb snack mix. The package uses ProActive Recyclable R-1000 film, part of the companys ProActive Sustainability product offerings. Collaborating with Ocean Spray enabled ProAmpac to bring to market a recyclable film that outperforms traditional polyethylene (PE) films and offers excellent barrier properties and graphics quality, stated Maria Halford, vice president of global marketing. Working with Ocean Spray to help them achieve their sustainability goals has and remains a top priority for us, added Halford. We partnered with ProAmpac because of their unique approach to innovation, expanding lineup of sustainable alternatives, and how well they align with Ocean Sprays culture of collaboration and our legacy as a cooperative of farmer families. Were looking forward to future collaborations with ProAmpac, stated Tracey Todesco, commodity manager - packaging at Ocean Spray. Designed to help brands meet their sustainability goals, R-1000 is available in standard or high-barrier versions, offering a recyclable high-performance alternative to conventional film laminations. With high heat-resistance and premium sealant technology, R-1000 outperforms typical recyclable mono material films in high-speed form/fill/seal applications and provides superior seal quality. When developing R-1000, we wanted to ensure that it maintained the speed of vertical and horizontal form fill sealing machines and ran much faster than typical mono material films currently in the market. It has been engineered with high heat-resistance and unique sealant technology that resists gum up, burn-through and deformation during high-speed packaging, stated Hesam Tabatabaei, vice president of product development and innovation for ProAmpac. R-1000 film is recyclable in flexible polyethylene film streams and qualifies for store drop-off in North America. It is available with a registered matte or gloss finish, or with ProAmpacs Signature Surfaces Paper Touch tactile enhancement. We are committed to recyclable flexible packaging that adds value for brand owners and provides consumers with a greener package. That is a winning formula for everyone, stated Halford. To learn more about ProAmpacs ProActive Sustainability offerings contact Nathan Klettlinger at [email protected] or go to ProAmpac.com/Sustainability. About Ocean Spray Founded in 1930, Ocean Spray is a vibrant agricultural cooperative owned by more than 700 cranberry farmers in the United States, Canada and Chile who have helped preserve the family farming way of life for generations. The Cooperative's cranberries are currently featured in more than a thousand great-tasting, nutritious products in over 100 countries worldwide. Leading by purpose, Ocean Spray is committed to the power of goodcreating good, nutritious food that has a direct and powerful impact for the health of people and planet. All for good. Good for all. For more information visit: www.oceanspray.com About ProAmpac ProAmpac is a leading global flexible packaging company with a comprehensive product offering, providing creative packaging solutions, industry-leading customer service and award-winning innovation to a diverse global marketplace. ProAmpacs approach to sustainability ProActive Sustainability provides innovative sustainable flexible packaging products to help our customers achieve their sustainability goals. We are guided in our work by four core values that are the basis for our success: Integrity, Intensity, Innovation, and Involvement. Cincinnati-based ProAmpac is owned by Pritzker Private Capital along with management and co-investors. For more information, visit ProAmpac.com or contact [email protected]. About Pritzker Private Capital Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm's differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.
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ProAmpac and Ocean Spray Announce Premium Recyclable Snack Packaging
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CINCINNATI--(BUSINESS WIRE)--Continuing its mission to deliver sustainable solutions, ProAmpac, the flexible packaging leader, announced a premium high-barrier recyclable package for Ocean Sprays Craveology Tuscan Herb snack mix. The package uses ProActive Recyclable R-1000 film, part of the companys ProActive Sustainability product offerings. Collaborating with Ocean Spray enabled ProAmpac to bring to market a recyclable film that outperforms traditional polyethylene (PE) films and offers excellent barrier properties and graphics quality, stated Maria Halford, vice president of global marketing. Working with Ocean Spray to help them achieve their sustainability goals has and remains a top priority for us, added Halford. We partnered with ProAmpac because of their unique approach to innovation, expanding lineup of sustainable alternatives, and how well they align with Ocean Sprays culture of collaboration and our legacy as a cooperative of farmer families. Were looking forward to future collaborations with ProAmpac, stated Tracey Todesco, commodity manager - packaging at Ocean Spray. Designed to help brands meet their sustainability goals, R-1000 is available in standard or high-barrier versions, offering a recyclable high-performance alternative to conventional film laminations. With high heat-resistance and premium sealant technology, R-1000 outperforms typical recyclable mono material films in high-speed form/fill/seal applications and provides superior seal quality. When developing R-1000, we wanted to ensure that it maintained the speed of vertical and horizontal form fill sealing machines and ran much faster than typical mono material films currently in the market. It has been engineered with high heat-resistance and unique sealant technology that resists gum up, burn-through and deformation during high-speed packaging, stated Hesam Tabatabaei, vice president of product development and innovation for ProAmpac. R-1000 film is recyclable in flexible polyethylene film streams and qualifies for store drop-off in North America. It is available with a registered matte or gloss finish, or with ProAmpacs Signature Surfaces Paper Touch tactile enhancement. We are committed to recyclable flexible packaging that adds value for brand owners and provides consumers with a greener package. That is a winning formula for everyone, stated Halford. To learn more about ProAmpacs ProActive Sustainability offerings contact Nathan Klettlinger at [email protected] or go to ProAmpac.com/Sustainability. About Ocean Spray Founded in 1930, Ocean Spray is a vibrant agricultural cooperative owned by more than 700 cranberry farmers in the United States, Canada and Chile who have helped preserve the family farming way of life for generations. The Cooperative's cranberries are currently featured in more than a thousand great-tasting, nutritious products in over 100 countries worldwide. Leading by purpose, Ocean Spray is committed to the power of goodcreating good, nutritious food that has a direct and powerful impact for the health of people and planet. All for good. Good for all. For more information visit: www.oceanspray.com About ProAmpac ProAmpac is a leading global flexible packaging company with a comprehensive product offering, providing creative packaging solutions, industry-leading customer service and award-winning innovation to a diverse global marketplace. ProAmpacs approach to sustainability ProActive Sustainability provides innovative sustainable flexible packaging products to help our customers achieve their sustainability goals. We are guided in our work by four core values that are the basis for our success: Integrity, Intensity, Innovation, and Involvement. Cincinnati-based ProAmpac is owned by Pritzker Private Capital along with management and co-investors. For more information, visit ProAmpac.com or contact [email protected]. About Pritzker Private Capital Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm's differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.
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edtsum4568
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Wells Fargo & Company (Wells Fargo or the Company) (NYSE: WFC) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between October 13, 2017 and October 13, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before December 29, 2020. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected]. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Wells Fargo failed to maintain appropriate underwriting standards and accepted due diligence practices in offering billions of dollars worth of commercial loans. The Company made a high proportion of its loans to customers with poor credit and a higher risk of default than it disclosed to the market. The Company failed to write down commercial loans that suffered impairments in a timely manner. The Company understated the reserves it required to balance expected losses in its portfolios. The Company inflated the net income and expected cash flows of its commercial clients in loan and securitization documents related to CLOs and CMBS. Based on these facts, the Companys public statements were false and materially misleading throughout the class period. When the market learned the truth about Wells Fargo, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Wells Fargo & Company and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
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LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Wells Fargo & Company (Wells Fargo or the Company) (NYSE: WFC) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between October 13, 2017 and October 13, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before December 29, 2020. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected]. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Wells Fargo failed to maintain appropriate underwriting standards and accepted due diligence practices in offering billions of dollars worth of commercial loans. The Company made a high proportion of its loans to customers with poor credit and a higher risk of default than it disclosed to the market. The Company failed to write down commercial loans that suffered impairments in a timely manner. The Company understated the reserves it required to balance expected losses in its portfolios. The Company inflated the net income and expected cash flows of its commercial clients in loan and securitization documents related to CLOs and CMBS. Based on these facts, the Companys public statements were false and materially misleading throughout the class period. When the market learned the truth about Wells Fargo, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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edtsum4573
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (Ladder or the Company) (NYSE: LADR) announced that an affiliate of Koch Real Estate Investments, LLC exercised its option to invest $32 million in Ladders common equity, resulting in Ladder issuing 4 million shares today. Koch exercised its option to do so under the strategic financing agreement reached in April 2020, in which Koch agreed to provide the Company with $206.4 million in senior secured financing to fund transitional and land loans. Were pleased to have a premier investor like Koch Real Estate Investments as a new long-term equity investor in Ladder, Brian Harris, Ladders CEO said. Jake Francis, President of Koch Real Estate Investments said, We respect Ladders careful risk management and credit culture. During the COVID-19 pandemic, Ladder management kept its word, taking the right steps to protect Ladders shareholders, and positioned the Company to capitalize on the expected dislocation in the commercial real estate sector over the next few years. Exercising our investment option in Ladder was an easy choice. About Ladder Ladder Capital Corp is an internally-managed commercial real estate investment trust with over $6 billion of assets. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns. As one of the nations leading commercial real estate capital providers, we specialize in underwriting commercial real estate and offering flexible capital solutions within a sophisticated platform. Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Our investment activities include: (i) our primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) investing in investment grade securities secured by first mortgage loans on commercial real estate; and (iii) owning and operating commercial real estate, including net leased commercial properties. Founded in 2008, and led by Brian Harris, the Companys Chief Executive Officer, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets and asset management. Members of Ladders management and Board of Directors are highly aligned with the Companys investors, owning over 10% of the Companys equity. About Koch Real Estate Investments Koch Real Estate Investments (KREI), based in Dallas, Texas, focuses its efforts on attractive risk-adjusted capital deployment into real estate assets and operating companies with an agnostic approach to product, geography, and capital position. KREI has an acute focus on best-in-class management teams and flexible capital solutions which align interests to drive mutual benefit with its partners. Since 2003, Koch companies have invested nearly $120 billion in growth and improvements. With a presence in more than 70 countries, Koch companies employ 130,000 people worldwide, with about 65,000 of those in the United States. From January 2009 to present, Koch companies have earned more than 1,300 awards for safety, environmental excellence, community stewardship, innovation, and customer service. For more news and information, visit www.KOCHind.com. Forward-Looking Statements and Coronavirus Risk Certain statements in this release may constitute forward-looking statements, including statements regarding Ladders prospects and its ability to benefit from any dislocation in the commercial real estate sector in the future. These statements are based on managements current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Ladder believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results, including the impact of the COVID-19 pandemic on the Company's business. There are a number of risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading Risk Factors in each of the Companys Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the period ended September 30, 2020, as well as its consolidated financial statements, related notes, and other financial information appearing therein, and its other filings with the U.S. Securities and Exchange Commission. Such forward-looking statements are made only as of the date of this release. Ladder expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or changes in events, conditions, or circumstances on which any such statement is based.
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Koch Real Estate Investments Makes $32 Million Long-Term Investment in Ladder Capital Corp
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NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (Ladder or the Company) (NYSE: LADR) announced that an affiliate of Koch Real Estate Investments, LLC exercised its option to invest $32 million in Ladders common equity, resulting in Ladder issuing 4 million shares today. Koch exercised its option to do so under the strategic financing agreement reached in April 2020, in which Koch agreed to provide the Company with $206.4 million in senior secured financing to fund transitional and land loans. Were pleased to have a premier investor like Koch Real Estate Investments as a new long-term equity investor in Ladder, Brian Harris, Ladders CEO said. Jake Francis, President of Koch Real Estate Investments said, We respect Ladders careful risk management and credit culture. During the COVID-19 pandemic, Ladder management kept its word, taking the right steps to protect Ladders shareholders, and positioned the Company to capitalize on the expected dislocation in the commercial real estate sector over the next few years. Exercising our investment option in Ladder was an easy choice. About Ladder Ladder Capital Corp is an internally-managed commercial real estate investment trust with over $6 billion of assets. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns. As one of the nations leading commercial real estate capital providers, we specialize in underwriting commercial real estate and offering flexible capital solutions within a sophisticated platform. Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Our investment activities include: (i) our primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) investing in investment grade securities secured by first mortgage loans on commercial real estate; and (iii) owning and operating commercial real estate, including net leased commercial properties. Founded in 2008, and led by Brian Harris, the Companys Chief Executive Officer, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets and asset management. Members of Ladders management and Board of Directors are highly aligned with the Companys investors, owning over 10% of the Companys equity. About Koch Real Estate Investments Koch Real Estate Investments (KREI), based in Dallas, Texas, focuses its efforts on attractive risk-adjusted capital deployment into real estate assets and operating companies with an agnostic approach to product, geography, and capital position. KREI has an acute focus on best-in-class management teams and flexible capital solutions which align interests to drive mutual benefit with its partners. Since 2003, Koch companies have invested nearly $120 billion in growth and improvements. With a presence in more than 70 countries, Koch companies employ 130,000 people worldwide, with about 65,000 of those in the United States. From January 2009 to present, Koch companies have earned more than 1,300 awards for safety, environmental excellence, community stewardship, innovation, and customer service. For more news and information, visit www.KOCHind.com. Forward-Looking Statements and Coronavirus Risk Certain statements in this release may constitute forward-looking statements, including statements regarding Ladders prospects and its ability to benefit from any dislocation in the commercial real estate sector in the future. These statements are based on managements current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Ladder believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results, including the impact of the COVID-19 pandemic on the Company's business. There are a number of risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading Risk Factors in each of the Companys Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the period ended September 30, 2020, as well as its consolidated financial statements, related notes, and other financial information appearing therein, and its other filings with the U.S. Securities and Exchange Commission. Such forward-looking statements are made only as of the date of this release. Ladder expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or changes in events, conditions, or circumstances on which any such statement is based.
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edtsum4574
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MINNEAPOLIS--(BUSINESS WIRE)--Datasite, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, today launched local data hosting capabilities in Australia to help local dealmakers get deals done quickly and easily, including helping them comply with the Australian Privacy Principles (APP). Datasite already complies with all applicable data protection laws including the European Unions General Data Protection Regulation (GDPR). Additionally, to further ensure the needs of its local customers are being met, the company is expanding its local customer service and sales staff to meet growing demand in the market. We want to bring our industry-leading platform and service experience closer to Australian dealmakers, who have been using Datasite since 2014 for domestic and large public M&A transactions said Desmond Chua, Head of Sales for Asia Pacific at Datasite. Since opening our Sydney office in 2018, weve seen a surge in demand for our services in Australia. We want to ensure all dealmakers, now and in the future, continue to receive the best experience, whether thats preparing and marketing deals, conducting due diligence or managing post-merger integration. The expansion in Australia is part of ongoing growth at Datasite, which facilitates about 10,000 deals annually. Last year, the company rebranded itself and introduced several new applications to address customer pain points across the entire M&A deal lifecycle, including AI-powered technology to support deal preparation, asset marketing and buy-side acquisition. The new applications include Datasite Prepare, Datasite Outreach and Datasite Acquire. These are in addition to the companys virtual data room (VDR) application, Datasite Diligence. In December, the company also completed an agreement to be purchased by CapVest, an international private equity firm, to accelerate Datasites continued growth. We are excited about helping dealmakers in Australia increase their M&A efficiency and effectiveness by leveraging innovative technology, said Rusty Wiley, CEO of Datasite. From AI-powered redaction and streamlined Q&A, to eye-opening analytics, our smart tools help dealmakers experience less deal friction, accelerate deal velocity, and improve deal outcomes. Dealmakers in more than 170 countries make their deals in Datasite, including 74 of the top 100 legal firms and all the top 20 global financial advisory firms. Datasites customer service team consistently delivers exceptional service, with support available to customers 24/7/365 in 18 languages from more than 20 offices across all the key global financial hubs. To learn more about Datasite, please visit: www.datasite.com About Datasite Datasite is a leading SaaS provider for the M&A industry, empowering dealmakers around the world with the tools they need to succeed across the entire deal lifecycle. For more information, visit www.datasite.com
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Datasite Launches Local Data Hosting Capabilities in Australia Company Continues to Invest to Meet Growing Demand and Accelerate Dealmaking in the Region
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MINNEAPOLIS--(BUSINESS WIRE)--Datasite, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, today launched local data hosting capabilities in Australia to help local dealmakers get deals done quickly and easily, including helping them comply with the Australian Privacy Principles (APP). Datasite already complies with all applicable data protection laws including the European Unions General Data Protection Regulation (GDPR). Additionally, to further ensure the needs of its local customers are being met, the company is expanding its local customer service and sales staff to meet growing demand in the market. We want to bring our industry-leading platform and service experience closer to Australian dealmakers, who have been using Datasite since 2014 for domestic and large public M&A transactions said Desmond Chua, Head of Sales for Asia Pacific at Datasite. Since opening our Sydney office in 2018, weve seen a surge in demand for our services in Australia. We want to ensure all dealmakers, now and in the future, continue to receive the best experience, whether thats preparing and marketing deals, conducting due diligence or managing post-merger integration. The expansion in Australia is part of ongoing growth at Datasite, which facilitates about 10,000 deals annually. Last year, the company rebranded itself and introduced several new applications to address customer pain points across the entire M&A deal lifecycle, including AI-powered technology to support deal preparation, asset marketing and buy-side acquisition. The new applications include Datasite Prepare, Datasite Outreach and Datasite Acquire. These are in addition to the companys virtual data room (VDR) application, Datasite Diligence. In December, the company also completed an agreement to be purchased by CapVest, an international private equity firm, to accelerate Datasites continued growth. We are excited about helping dealmakers in Australia increase their M&A efficiency and effectiveness by leveraging innovative technology, said Rusty Wiley, CEO of Datasite. From AI-powered redaction and streamlined Q&A, to eye-opening analytics, our smart tools help dealmakers experience less deal friction, accelerate deal velocity, and improve deal outcomes. Dealmakers in more than 170 countries make their deals in Datasite, including 74 of the top 100 legal firms and all the top 20 global financial advisory firms. Datasites customer service team consistently delivers exceptional service, with support available to customers 24/7/365 in 18 languages from more than 20 offices across all the key global financial hubs. To learn more about Datasite, please visit: www.datasite.com About Datasite Datasite is a leading SaaS provider for the M&A industry, empowering dealmakers around the world with the tools they need to succeed across the entire deal lifecycle. For more information, visit www.datasite.com
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edtsum4575
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LOS ANGELES, March 31, 2020 /PRNewswire/ --People around the world are wondering how long COVID-restrictions have to last in order to curtail the pandemic. A research study on 36 countries and 50 U.S. states has found that aggressive intervention to contain COVID-19 must be maintained for at least 44 days. The study is co-authored by Professor Gerard Tellis of USC Marshall School of Business, Professor Ashish Sood of UC Riverside's A. Gary Anderson Graduate School of Management, and Nitish Sood, a student at Augusta University studying Cellular & Molecular Biology. The paper is published in the open sources journal SSRN and is titled, "How Long Must Social Distancing Last." The authors identify two simple, intuitive, and generalizable metrics of the spread of disease: daily growth rate and time to double cumulative cases. Daily growth rate is the percentage increase in cumulative cases. Time to double, or doubling time, is the number of days for cumulative cases to double at the current growth rate. Time to double in disease spread is the opposite of half-life in drug metabolism. "Counts of total or new cases can be misleading and difficult to compare across countries," Professor Tellis said. "Growth rate and Time to double are critical metrics for an accurate understanding of how this disease is spreading." Given these two metrics, the researchers defined three measurable benchmarks for analysts and public health managers to target: Moderation: when growth rate stays below 10% and doubling time stays above seven days. Control: when growth rate stays below 1% and doubling time stays above 70 days. Containment: when growth rate remains 0.1% and doubling time stays above 700 days. "These simple, intuitive, and universal benchmarks give public health officials clear goals to target in managing this pandemic," Professor Sood said. Preliminary results using this model to analyze the data suggest that once aggressive interventions are in place, large countries take almost three weeks to see moderation, one month to get control, and 45 days to achieve containment. With less aggressive intervention, it can take much longer. Important differences exist by size of country. Public health administrators should note larger countries take longer to see moderation. The authors defined aggressive intervention as lockdowns, stay-at-home orders, mass testing and quarantines. "Singapore and South Korea adopted the path of massive test and quarantine, which seems to be the only successful alternative to costly lockdowns and stay-at-home orders," Nitish Sood said. Their research focuses on diffusion of innovations, new products, and new technologies. The same concepts and tools can be applied to analyze the spread of COVID-19 and the effects of measures to stop it. "Even though huge differences exist among countries, it's striking to see so many similarities from aggressive intervention to moderation, control, and containment of the spread of the disease," Professor Sood said. Professor Tellis added, "Besides size of country, borders, cultural greetings (bowing versus handshaking and kissing), temperature, humidity, and latitude may explain these differences." The researchers say their analysis bolsters the case for adopting aggressive measures, whether it's the aggressive lockdowns of Italy or California, massive testing and quarantine of South Korea or Singapore, or a combination of both as seen in China. However, the U.S. may have a unique challenge because of its federal constitution. Only half of the states have adopted aggressive intervention and that at varying times. Should these states achieve control or containment, they may be vulnerable to contagion from states that were late to do so, the researchers say. Media Contacts: For UC Riverside: Imran Ghori, [emailprotected], 951-778-9518 For USC Marshall: Matthew Simmons, [emailprotected], 202-277-4890 SOURCE USC Marshall School of Business Related Links http://www.marshall.usc.edu
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USC Marshall & UC Riverside Study: Aggressive lockdowns need to last more than six weeks to contain COVID-19
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LOS ANGELES, March 31, 2020 /PRNewswire/ --People around the world are wondering how long COVID-restrictions have to last in order to curtail the pandemic. A research study on 36 countries and 50 U.S. states has found that aggressive intervention to contain COVID-19 must be maintained for at least 44 days. The study is co-authored by Professor Gerard Tellis of USC Marshall School of Business, Professor Ashish Sood of UC Riverside's A. Gary Anderson Graduate School of Management, and Nitish Sood, a student at Augusta University studying Cellular & Molecular Biology. The paper is published in the open sources journal SSRN and is titled, "How Long Must Social Distancing Last." The authors identify two simple, intuitive, and generalizable metrics of the spread of disease: daily growth rate and time to double cumulative cases. Daily growth rate is the percentage increase in cumulative cases. Time to double, or doubling time, is the number of days for cumulative cases to double at the current growth rate. Time to double in disease spread is the opposite of half-life in drug metabolism. "Counts of total or new cases can be misleading and difficult to compare across countries," Professor Tellis said. "Growth rate and Time to double are critical metrics for an accurate understanding of how this disease is spreading." Given these two metrics, the researchers defined three measurable benchmarks for analysts and public health managers to target: Moderation: when growth rate stays below 10% and doubling time stays above seven days. Control: when growth rate stays below 1% and doubling time stays above 70 days. Containment: when growth rate remains 0.1% and doubling time stays above 700 days. "These simple, intuitive, and universal benchmarks give public health officials clear goals to target in managing this pandemic," Professor Sood said. Preliminary results using this model to analyze the data suggest that once aggressive interventions are in place, large countries take almost three weeks to see moderation, one month to get control, and 45 days to achieve containment. With less aggressive intervention, it can take much longer. Important differences exist by size of country. Public health administrators should note larger countries take longer to see moderation. The authors defined aggressive intervention as lockdowns, stay-at-home orders, mass testing and quarantines. "Singapore and South Korea adopted the path of massive test and quarantine, which seems to be the only successful alternative to costly lockdowns and stay-at-home orders," Nitish Sood said. Their research focuses on diffusion of innovations, new products, and new technologies. The same concepts and tools can be applied to analyze the spread of COVID-19 and the effects of measures to stop it. "Even though huge differences exist among countries, it's striking to see so many similarities from aggressive intervention to moderation, control, and containment of the spread of the disease," Professor Sood said. Professor Tellis added, "Besides size of country, borders, cultural greetings (bowing versus handshaking and kissing), temperature, humidity, and latitude may explain these differences." The researchers say their analysis bolsters the case for adopting aggressive measures, whether it's the aggressive lockdowns of Italy or California, massive testing and quarantine of South Korea or Singapore, or a combination of both as seen in China. However, the U.S. may have a unique challenge because of its federal constitution. Only half of the states have adopted aggressive intervention and that at varying times. Should these states achieve control or containment, they may be vulnerable to contagion from states that were late to do so, the researchers say. Media Contacts: For UC Riverside: Imran Ghori, [emailprotected], 951-778-9518 For USC Marshall: Matthew Simmons, [emailprotected], 202-277-4890 SOURCE USC Marshall School of Business Related Links http://www.marshall.usc.edu
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edtsum4579
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ALISO VIEJO, Calif., Nov. 24, 2020 /PRNewswire/ --ThinkIQ, a leader in Transformational Intelligence for manufacturers,today announced the addition of Brian Anderson to its executive leadership team. In his new role as Chief Marketing Officer, Anderson will be tasked with growing ThinkIQ's market presence, enhancing the company's ability to serve its growing customer base, developing and executing go to market strategies and driving strategic partnerships. Anderson will be responsible for overseeing companywide marketing, marketing and sales strategy, business development, and social media activities. He will also be responsible for building awareness of ThinkIQ's platform and expanding the Company's thought leadership which addresses a growing market to contextualize data both in-plant and across supply chains to improve yield, safety, quality, and compliance. "We are excited to bring Brian on board to help ThinkIQ build our momentum in driving further market expansion and playing a critical role in our efforts to grow our brand into a dominant leader in the digital manufacturing space," said Doug Lawson, CEO of ThinkIQ. "Brian is highly experienced marketing leader with a proven track record of building global brands, making him a natural addition to our leadership team." Anderson brings with him more than 35 years of global marketing experience in technology, business-to-business and business to consumer markets. He has a proven track record of maximizing global market penetration, award-winning branding and communications, establishing product/service leadership, a low-touch lead-to-cash marketing/sales model, being seen as a progressive market visionary, opening new channels of distribution and strategic relationships or looking for creative ways to cost-efficiently dominate their market space. He has a track record of five successful exits through acquisition and two publicly traded companies as well as fund raising and strategic M&A. He has helped companies grow revenues from startup to $20M and from $50M to $1.8B and is also a frequent industry speaker and published author. To learn more about ThinkIQ, visit our website. About ThinkIQ ThinkIQ, a leader in Transformational Intelligence for manufacturers, delivers unprecedented material traceability and insight into ways to improve yield, quality, safety, compliance and brand confidence. Our fact-based granular and data-centric contextualized view of material flows and related provenance attribute data integrates into existing IoT infrastructures and crosses supply chains to manufacturing processes and beyond. Our customers have saved $10's of millions by identifying waste and underperforming assets, as well as reducing warranty reserves for quality and safety issues. ThinkIQ is a privately held company headquartered in Aliso Viejo, CA. Media ContactDanielle ScottoLumina Communications for ThinkIQ[emailprotected] SOURCE ThinkIQ Related Links https://www.thinkiq.com/
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ThinkIQ Expands Leadership Team Brian Anderson Joins as Chief Marketing Officer
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ALISO VIEJO, Calif., Nov. 24, 2020 /PRNewswire/ --ThinkIQ, a leader in Transformational Intelligence for manufacturers,today announced the addition of Brian Anderson to its executive leadership team. In his new role as Chief Marketing Officer, Anderson will be tasked with growing ThinkIQ's market presence, enhancing the company's ability to serve its growing customer base, developing and executing go to market strategies and driving strategic partnerships. Anderson will be responsible for overseeing companywide marketing, marketing and sales strategy, business development, and social media activities. He will also be responsible for building awareness of ThinkIQ's platform and expanding the Company's thought leadership which addresses a growing market to contextualize data both in-plant and across supply chains to improve yield, safety, quality, and compliance. "We are excited to bring Brian on board to help ThinkIQ build our momentum in driving further market expansion and playing a critical role in our efforts to grow our brand into a dominant leader in the digital manufacturing space," said Doug Lawson, CEO of ThinkIQ. "Brian is highly experienced marketing leader with a proven track record of building global brands, making him a natural addition to our leadership team." Anderson brings with him more than 35 years of global marketing experience in technology, business-to-business and business to consumer markets. He has a proven track record of maximizing global market penetration, award-winning branding and communications, establishing product/service leadership, a low-touch lead-to-cash marketing/sales model, being seen as a progressive market visionary, opening new channels of distribution and strategic relationships or looking for creative ways to cost-efficiently dominate their market space. He has a track record of five successful exits through acquisition and two publicly traded companies as well as fund raising and strategic M&A. He has helped companies grow revenues from startup to $20M and from $50M to $1.8B and is also a frequent industry speaker and published author. To learn more about ThinkIQ, visit our website. About ThinkIQ ThinkIQ, a leader in Transformational Intelligence for manufacturers, delivers unprecedented material traceability and insight into ways to improve yield, quality, safety, compliance and brand confidence. Our fact-based granular and data-centric contextualized view of material flows and related provenance attribute data integrates into existing IoT infrastructures and crosses supply chains to manufacturing processes and beyond. Our customers have saved $10's of millions by identifying waste and underperforming assets, as well as reducing warranty reserves for quality and safety issues. ThinkIQ is a privately held company headquartered in Aliso Viejo, CA. Media ContactDanielle ScottoLumina Communications for ThinkIQ[emailprotected] SOURCE ThinkIQ Related Links https://www.thinkiq.com/
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edtsum4580
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PITTSBURGH, April 23, 2020 /PRNewswire/ --"I was tired of my hands being dirty and smelling like gas after filling the tank," said an inventor from Gustine, California. "This inspired me to develop a better cap that would not be removed." He developed the QUICK FILL GAS CAP to provide an improved means of refueling vehicles that would avoid direct handling of a gas cap. This invention would reduce the incidence of soiled hands and unpleasant hand odors while saving valuable time and effort. Additionally, it would eliminate the cap being lost and requiring replacement. The original design was submitted to the Fresno sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 18-FRO-718, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com. SOURCE InventHelp Related Links http://www.inventhelp.com
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InventHelp Inventor Develops Enhanced Gas Cap (FRO-718)
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PITTSBURGH, April 23, 2020 /PRNewswire/ --"I was tired of my hands being dirty and smelling like gas after filling the tank," said an inventor from Gustine, California. "This inspired me to develop a better cap that would not be removed." He developed the QUICK FILL GAS CAP to provide an improved means of refueling vehicles that would avoid direct handling of a gas cap. This invention would reduce the incidence of soiled hands and unpleasant hand odors while saving valuable time and effort. Additionally, it would eliminate the cap being lost and requiring replacement. The original design was submitted to the Fresno sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 18-FRO-718, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com. SOURCE InventHelp Related Links http://www.inventhelp.com
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edtsum4581
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO, July 30, 2020 /PRNewswire/ --Researchers at the University of California, San Francisco (UCSF) and healthcare technology company InsightRX demonstrated that a second-generation Bayesian pharmacokinetic (PK) model enabled highly accurate and repeatable target attainment for busulfan, a conditioning agent typically used in hematopoietic cell transplants (HCTs). Busulfan is used in conditioning regimens before HCT for a variety of diseases including hematological malignancies, and increasingly in gene therapy. The drug has a narrow therapeutic index, meaning that dosing must be continually monitored and adjusted in order to maximize efficacy while reducing the likelihood of adverse drug events. 100% of patients dosed using the second-generation PK model with Bayesian forecasting achieved the target range of cumulative busulfan exposure (cAUC), as compared to 66% using the manufacturer's package insert and 88% using a first-generation PK model and non-compartmental analysis. The coefficient of variation, a measure of spread in target attainment, was 4.1% for patients dosed with the second-generation PK model, as compared to 14.8% and 17.1% for patients dosed using the package insert and first-generation model, respectively. This shows that the second-generation model provided a significant advantage over conventional dosing approaches to achieve target drug exposure. "Accurately and precisely hitting busulfan dosing targets will reduce drug-related toxicity as well as increase the chance that HCT is successful in controlling a patient's disease," said Janel Long-Boyle, Associate Professor of Clinical Pharmacy at UCSF and principal investigator of the study. "InsightRX has been a great partner in developing these innovative methods that can ultimately save lives." Clinicians and researchers at UCSF worked with InsightRX to develop the second-generation Bayesian PK model and implement it using InsightRX's cloud-based clinical decision support platform. The second-generation model takes into account individual patients' factors including age, body size and composition, and co-administration of other conditioning drugs, to provide individualized busulfan dosing regimens that improve clinical target attainment. The study, published this month in Frontiers in Pharmacology, a leadingpeer-reviewed pharmacology journal, details the development of the second-generation model and assessment of its accuracy and precision at achieving target busulfan exposure in children undergoing HCT, compared to conventional dosing methods. InsightRX co-founders Sirj Goswami and Ron Keizer co-authored the study. "This milestone shows InsightRX's commitment to making meaningful scientific contributions that improve patient outcomes, as well as deploying these solutions to the point of care," said Sirj Goswami, InsightRX CEO and co-founder. "We look forward to helping InsightRX customers deliver superior patient care that can both save lives and cut costs." InsightRX helps hospitals and health systems transition from one-size-fits-all drug dosing to individualized dosing at the point of care. With a cloud-based precision dosing platform, InsightRX leverages patient-specific data, quantitative pharmacology models, and machine learning to understand each patient's pharmacological profile to guide treatment decisions. InsightRX's end-to-end precision dosing solution enables health systems to predict and optimize dosing regimens, reach and maintain clinical targets, measure performance, and monitor clinical outcomes. InsightRX recently announceda $10 million Series A funding. About InsightRX InsightRXis a healthcare technology company that has developed a platform for precision medicine and clinical analytics designed to individualize treatment at the point of care. The platform leverages patient-specific data, pharmacology models, and machine learning to understand each patient's unique pharmacological profile to guide treatment decisions. Media ContactLinda Harder(410) 534.1161[emailprotected] SOURCE InsightRX
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New study co-authored by InsightRX shows model-informed precision dosing could improve efficacy of hematopoietic cell transplants while reducing toxicity Study shows therapeutic drug monitoring and a Bayesian dosing model co-developed by InsightRX achieves busulfan cAUC exposure goals with substantially more precision than conventional dosing approaches
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SAN FRANCISCO, July 30, 2020 /PRNewswire/ --Researchers at the University of California, San Francisco (UCSF) and healthcare technology company InsightRX demonstrated that a second-generation Bayesian pharmacokinetic (PK) model enabled highly accurate and repeatable target attainment for busulfan, a conditioning agent typically used in hematopoietic cell transplants (HCTs). Busulfan is used in conditioning regimens before HCT for a variety of diseases including hematological malignancies, and increasingly in gene therapy. The drug has a narrow therapeutic index, meaning that dosing must be continually monitored and adjusted in order to maximize efficacy while reducing the likelihood of adverse drug events. 100% of patients dosed using the second-generation PK model with Bayesian forecasting achieved the target range of cumulative busulfan exposure (cAUC), as compared to 66% using the manufacturer's package insert and 88% using a first-generation PK model and non-compartmental analysis. The coefficient of variation, a measure of spread in target attainment, was 4.1% for patients dosed with the second-generation PK model, as compared to 14.8% and 17.1% for patients dosed using the package insert and first-generation model, respectively. This shows that the second-generation model provided a significant advantage over conventional dosing approaches to achieve target drug exposure. "Accurately and precisely hitting busulfan dosing targets will reduce drug-related toxicity as well as increase the chance that HCT is successful in controlling a patient's disease," said Janel Long-Boyle, Associate Professor of Clinical Pharmacy at UCSF and principal investigator of the study. "InsightRX has been a great partner in developing these innovative methods that can ultimately save lives." Clinicians and researchers at UCSF worked with InsightRX to develop the second-generation Bayesian PK model and implement it using InsightRX's cloud-based clinical decision support platform. The second-generation model takes into account individual patients' factors including age, body size and composition, and co-administration of other conditioning drugs, to provide individualized busulfan dosing regimens that improve clinical target attainment. The study, published this month in Frontiers in Pharmacology, a leadingpeer-reviewed pharmacology journal, details the development of the second-generation model and assessment of its accuracy and precision at achieving target busulfan exposure in children undergoing HCT, compared to conventional dosing methods. InsightRX co-founders Sirj Goswami and Ron Keizer co-authored the study. "This milestone shows InsightRX's commitment to making meaningful scientific contributions that improve patient outcomes, as well as deploying these solutions to the point of care," said Sirj Goswami, InsightRX CEO and co-founder. "We look forward to helping InsightRX customers deliver superior patient care that can both save lives and cut costs." InsightRX helps hospitals and health systems transition from one-size-fits-all drug dosing to individualized dosing at the point of care. With a cloud-based precision dosing platform, InsightRX leverages patient-specific data, quantitative pharmacology models, and machine learning to understand each patient's pharmacological profile to guide treatment decisions. InsightRX's end-to-end precision dosing solution enables health systems to predict and optimize dosing regimens, reach and maintain clinical targets, measure performance, and monitor clinical outcomes. InsightRX recently announceda $10 million Series A funding. About InsightRX InsightRXis a healthcare technology company that has developed a platform for precision medicine and clinical analytics designed to individualize treatment at the point of care. The platform leverages patient-specific data, pharmacology models, and machine learning to understand each patient's unique pharmacological profile to guide treatment decisions. Media ContactLinda Harder(410) 534.1161[emailprotected] SOURCE InsightRX
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edtsum4584
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN--(BUSINESS WIRE)--The "Global Process Gas Compressors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering. The Process Gas Compressors market was valued at USD 4840 million in 2020 and is expected to reach USD 5736.24 million by 2026, at a CAGR of 2.87% over the forecast period 2021 - 2026. Technological advancement in compression techniques has a profound influence over the compression capabilities of the equipment and subsequently is expected to drive the process gas compressor market growth during the forecast period. Moreover, the rise in the adoption of robust and energy-efficient equipment is also expected to fuel the demand for air compressors in the industry. In addition, the equipment requires the application of sophisticated technology with high technical expertise for designing high power rated and efficient air compression equipment. Consequently, the high cost of installation and maintenance for the equipment is expected to hinder the market growth of the process gas compressor market in the coming years. However, the increase in production activities from Asia-Pacific and LAMEA is expected to provide profitable business opportunities to the manufacturers during the forecast period. In the case of North America, the newly found shale gas resources and National OCS leasing programs are strengthening their import and export activities racing them to the top of the charts. This upbeat in the oil & gas industry is expected to improve with further strengthening oil prices in the near future, opening up opportunities to the process gas compressors market. The demand from the healthcare sector is expected to experience a surge in 2020 owing to the increased demand for ventilators in the wake of CoVID-19. Key Market Trends Oil & Gas Industry to Hold Major Share Competitive Landscape The companies in the market are focusing on organic growth strategies such as product launches, product approvals, and patent filing. The inorganic growth strategies witnessed were partnerships & collaborations, and mergers & acquisitions. These activities have paved path for the expansion of business and customer base. Key Topics Covered: 1 INTRODUCTION 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1 Market Overview 4.2 Market Drivers 4.2.1 Increasing Global Investment in Oil & Gas 4.2.2 Growing Demand for Energy Efficient Compressors 4.3 Market Restraints 4.3.1 Environmental Concerns 4.4 Industry Value Chain Analysis 4.5 Industry Attractiveness - Porter's Five Force Analysis 5 MARKET SEGMENTATION 5.1 By Type 5.1.1 Oil Injected 5.1.2 Oil Free 5.2 By End User 5.2.1 Oil & Gas 5.2.2 Manufacturing 5.2.3 Power Generation 5.2.4 Industrial Gases 5.2.5 Healthcare 5.3 Geography 6 COMPETITIVE LANDSCAPE 6.1 Company Profiles 6.1.1 Atlas Copco Group 6.1.2 Ingersoll Rand Inc 6.1.3 General Electric Company 6.1.4 Siemens AG 6.1.5 Mitsui Engineering & Shipbuilding Co Ltd 6.1.6 Kaeser Kompressoren GmbH 6.1.7 Sullair LLC 6.1.8 Bauer Kompressoren GmbH 6.1.9 Howden Group 7 INVESTMENT ANALYSIS 8 MARKET OPPORTUNITIES AND FUTURE TRENDS For more information about this report visit https://www.researchandmarkets.com/r/hifmnf
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$5.73 Billion Process Gas Compressors Market - Global Growth, Trends, and Forecasts 2021-2026 - Growing Demand for Energy Efficient Compressors - ResearchAndMarkets.com
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DUBLIN--(BUSINESS WIRE)--The "Global Process Gas Compressors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering. The Process Gas Compressors market was valued at USD 4840 million in 2020 and is expected to reach USD 5736.24 million by 2026, at a CAGR of 2.87% over the forecast period 2021 - 2026. Technological advancement in compression techniques has a profound influence over the compression capabilities of the equipment and subsequently is expected to drive the process gas compressor market growth during the forecast period. Moreover, the rise in the adoption of robust and energy-efficient equipment is also expected to fuel the demand for air compressors in the industry. In addition, the equipment requires the application of sophisticated technology with high technical expertise for designing high power rated and efficient air compression equipment. Consequently, the high cost of installation and maintenance for the equipment is expected to hinder the market growth of the process gas compressor market in the coming years. However, the increase in production activities from Asia-Pacific and LAMEA is expected to provide profitable business opportunities to the manufacturers during the forecast period. In the case of North America, the newly found shale gas resources and National OCS leasing programs are strengthening their import and export activities racing them to the top of the charts. This upbeat in the oil & gas industry is expected to improve with further strengthening oil prices in the near future, opening up opportunities to the process gas compressors market. The demand from the healthcare sector is expected to experience a surge in 2020 owing to the increased demand for ventilators in the wake of CoVID-19. Key Market Trends Oil & Gas Industry to Hold Major Share Competitive Landscape The companies in the market are focusing on organic growth strategies such as product launches, product approvals, and patent filing. The inorganic growth strategies witnessed were partnerships & collaborations, and mergers & acquisitions. These activities have paved path for the expansion of business and customer base. Key Topics Covered: 1 INTRODUCTION 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1 Market Overview 4.2 Market Drivers 4.2.1 Increasing Global Investment in Oil & Gas 4.2.2 Growing Demand for Energy Efficient Compressors 4.3 Market Restraints 4.3.1 Environmental Concerns 4.4 Industry Value Chain Analysis 4.5 Industry Attractiveness - Porter's Five Force Analysis 5 MARKET SEGMENTATION 5.1 By Type 5.1.1 Oil Injected 5.1.2 Oil Free 5.2 By End User 5.2.1 Oil & Gas 5.2.2 Manufacturing 5.2.3 Power Generation 5.2.4 Industrial Gases 5.2.5 Healthcare 5.3 Geography 6 COMPETITIVE LANDSCAPE 6.1 Company Profiles 6.1.1 Atlas Copco Group 6.1.2 Ingersoll Rand Inc 6.1.3 General Electric Company 6.1.4 Siemens AG 6.1.5 Mitsui Engineering & Shipbuilding Co Ltd 6.1.6 Kaeser Kompressoren GmbH 6.1.7 Sullair LLC 6.1.8 Bauer Kompressoren GmbH 6.1.9 Howden Group 7 INVESTMENT ANALYSIS 8 MARKET OPPORTUNITIES AND FUTURE TRENDS For more information about this report visit https://www.researchandmarkets.com/r/hifmnf
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edtsum4585
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, March 19, 2021 /PRNewswire/ --Cell Source, Inc. (OTC: CLCS) ("Cell Source" or the "Company"), the world leader in Veto Cell based innovative immunotherapy technologies that safely facilitate mismatched donor stem cell transplants, e.g. bone marrow transplants (BMT) and organ transplants. In addition, Veto Cells can durably treat malignant and non-malignant blood diseases through active immune response management. Today, Cell Source announced that it has received USPTO issuance notices for two patents covering its Veto Cell technology. The first patent, "Veto Cells Generated from Memory T Cells", describes Veto Cells that safely elicit patient acceptance of transplanted cells, such as stem cells, by overcoming the barriers of graft rejection and graft versus host disease (GvHD). Veto Cells are also capable of fighting potential viral and bacterial infections and can treat unresponsive cancers or cancers where limited treatment options exist. The second patent, "Methods of Transplantation and Disease Treatment", describes an invention in which Veto Cells act as unique, powerful companion cells that allow cellular therapies such as CAR-T and NK to be safely tolerated by the patient without transplant rejection or graft vs. host disease (GvHD) while increasing overall combined treatment impact. "These issued patents reiterate the versatility of Veto Cells as a powerful, multi-faceted immunotherapy platform technology," said Dennis Brown, Chairman of Cell Source. "They can act as enablers that improve the duration and efficacy of important cellular therapy treatment methodologies such as the use of CAR-T or NK cells, are capable of fighting bacterial and viral infections that often occur with stem cell transplants, and can be employed in a direct, stand-alone, cancer-fighting capacity. We believe Veto Cells have the potential to play a crucial role in the future for a broad range of adoptive cell therapies, as a stand-alone cell therapy, and in combination with other treatments." The patents describe Veto Cell inventions in which Veto Cells work in conjunction with existing stem cell transplant therapies to protect the patient from transplant-related complications while increasing overall treatment efficacy, as well as inventions in which Veto Cells have been exposed to third-party antigens, thereby enabling Veto Cells to work on their own to effectively target cancers that have not responded to genetically modified T-cell therapies or where these therapies do not currently exist. US Patent No. 10,961,504 (to be issued March 30, 2021) VETO CELLS GENERATED FROM MEMORY T CELLS The patent describes Veto Cells that have been exposed to disease-related antigens, thereby creating a "memory" function that allows the Veto Cells to efficiently recognize and attack specific targets, including viruses, bacteria, and cancer. This "memory" capability adds functionality to Veto Cells beyond their ability to induce immune system tolerance in the patient. As the Veto Cells are generated from T cells with "memory" (i.e., prior exposure to the antigen), these Veto Cells are especially beneficial in a mismatched (i.e., allogeneic) setting, being tolerated by the patient's immune system and overcoming common stem cell transplant-related issues such as infections, transplant rejection, and GvHD. One application of this invention is currently being utilized in Cell Source's Phase 1/2 clinical trial treatment protocol, in which Veto Cells both induce patient tolerance to transplanted allogeneic donor stem cells as well as prevent viral infections, as the Veto Cells exhibit "memory" that enables them to attack specific viral peptides (e.g., Cytomegalovirus, Epstein-Barr Virus). In cancer treatment applications, this approach involves utilizing Veto Cells imbued with a target memory function that enables them to attack specific tumor types without the need for stem cell transplants or genetic modifications. This direct "anti-cancer" Veto Cell application could have the potential to be particularly efficacious against tumors where genetically modified adoptive T-cell therapy (e.g. CAR-T cells) do not exist or have not been shown to be effective. Rather than relying on patient or donor cells, in this methodology, Veto Cells can be imbued with memory from third party sources, making this a truly stand-alone approach. A Phase 1/2 clinical trial is currently in progress testing the safety and efficacy of Cell Source's Veto Cells in patients with hematological cancers or with non-malignant hematological diseases. Information regarding the clinical trial may be located here: https://www.clinicaltrials.gov/ct2/show/NCT03622788 US Patent No. 10,933,124 (Issued March 2, 2021) METHODS OF TRANSPLANTATION AND DISEASE TREATMENT The patent describes an invention in which Veto Cells act as a critical enabler allowing transplanted mismatched-donor cells, including treatment cells (e.g., CAR-T or NK cells), to achieve "safe passage" through the patient's immune system while avoiding transplant-related issues such as GvHD. The Veto Cells accompany transplanted treatments to ensure that the patient's immune system fully accepts and integrates the treatment cells, enabling the cell therapy to reach its target and persist in the patient's body. In this methodology, a therapeutic amount of Tcm (central memory T-lymphocyte phenotype) anti-third party Veto Cells are administered to the patient as "passport" or "bodyguard" cells for the purpose of inducing immune tolerance, thereby enabling adoptive cell therapy in the absence of graft rejection and/or graft versus host disease (GvHD). Accordingly, the anti-third party Tcm Veto Cells can be used as an adjuvant therapy in situations in which adoptive cell therapy is warranted, including in cancer therapy, in cases of organ dysfunction or failure, in tissue injury, and in the treatment of infectious diseases. About Cell Source Cell Source, Inc. (OTC: CLCS) is the worldwide, exclusive innovator of Veto Cell based cellular therapy and immunotherapy platform technologies designed to provide safer and more accessible bone marrow transplantation (BMT) and improve the treatment of malignant blood cancers such as multiple myeloma and leukemia. In addition, Veto Cells can be exploited for the correction of nonmalignant genetic blood disorders like sickle cell disease and to durably treat auto immune diseases such as type 1 diabetes. The Company is developing and evaluating its Veto Cell CAR-T platform, which could potentially enable CAR-T vectors to be used in donor-derived (allogeneic) settings with increased safety, efficacy, and persistence. Cell Source's Veto Cell technologies are also being developed to facilitate improved safety in mismatched organ transplants (e.g., kidney and liver) by eliminating the need for life-long immune system suppression. The Company is focused on transitioning its globally exclusive allogeneic Veto Cell platform technologies into broader human studies in order to develop safe and curative BMT from mismatched donors as well as "off-the-shelf," safe, durable, and efficacious immunotherapy and immuno-oncology products. Cell Source Investor Resource Center Cell Source maintains a comprehensive Investor Resource Center including share information, SEC filings, investor relations contacts, and more, located here: https://cell-source.com/investor-center Cell Source General Information For general information regarding Cell Source, please visit the Company's website at https://cell-source.com A PDF presentation introducing Cell Source and its technologies is available here: https://cell-source.com/wp-content/uploads/2020/12/CLCS-Introduction-Q1-2021.pdf For details regarding Cell Source's Veto Cell Technology Platform and other immunotherapy innovations, please visit https://cell-source.com/veto-cells Background information on Professor Yair Reisner, Ph.D, the award-winning Chairman of Cell Source's Scientific Advisory Board, is available here: https://cell-source.com/professor-yair-reisner-ph-d Dr. Reisner's other published works and additional background information are available via ORCID, here: http://orcid.org/0000-0002-3354-6945 To learn about Cell Source's world-class collaborative partnerships, please visit http://cell-source.com/collaborative-partnerships. For information regarding Cell Source's Scientific Advisory Board, please visit https://cell-source.com/scientific-advisory-board Company Contact Itamar Shimrat, CEO 646.612.7554 [emailprotected] Investor Contact Michael Briola Alternative Advisory Group 917.455.0820 [emailprotected] Cautionary Note on Forward-Looking Statements This press release contains forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of Cell Source, Inc. could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations, inability to hire and retain qualified personnel, and changes in the general economic climate, as well as the risk factors disclosed in Cell Source, Inc.'s Form 10-K filed on March 30, 2020. Cell Source, Inc. may, in some cases, use terms such as "anticipates," "continue," "estimates," "predicts," "believes," "potential," "proposed," "expects," "plans," "intends," "may," "could," "should," "might," "will," or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by Cell Source, Inc. or any other person, that such forward-looking statements will be achieved. Cell Source, Inc. undertakes no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. SOURCE Cell Source, Inc. Related Links https://www.cell-source.com
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USPTO Issues New Patents for Cell Source's Veto Cell Technology Patents Validate Veto Cells as a Critical Enabler for Cell Therapies Such as CAR-T, TCR, and NK as well as a Powerful, Stand-alone Immunotherapy in the Treatment of Cancer, Viral and Bacterial Infections
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NEW YORK, March 19, 2021 /PRNewswire/ --Cell Source, Inc. (OTC: CLCS) ("Cell Source" or the "Company"), the world leader in Veto Cell based innovative immunotherapy technologies that safely facilitate mismatched donor stem cell transplants, e.g. bone marrow transplants (BMT) and organ transplants. In addition, Veto Cells can durably treat malignant and non-malignant blood diseases through active immune response management. Today, Cell Source announced that it has received USPTO issuance notices for two patents covering its Veto Cell technology. The first patent, "Veto Cells Generated from Memory T Cells", describes Veto Cells that safely elicit patient acceptance of transplanted cells, such as stem cells, by overcoming the barriers of graft rejection and graft versus host disease (GvHD). Veto Cells are also capable of fighting potential viral and bacterial infections and can treat unresponsive cancers or cancers where limited treatment options exist. The second patent, "Methods of Transplantation and Disease Treatment", describes an invention in which Veto Cells act as unique, powerful companion cells that allow cellular therapies such as CAR-T and NK to be safely tolerated by the patient without transplant rejection or graft vs. host disease (GvHD) while increasing overall combined treatment impact. "These issued patents reiterate the versatility of Veto Cells as a powerful, multi-faceted immunotherapy platform technology," said Dennis Brown, Chairman of Cell Source. "They can act as enablers that improve the duration and efficacy of important cellular therapy treatment methodologies such as the use of CAR-T or NK cells, are capable of fighting bacterial and viral infections that often occur with stem cell transplants, and can be employed in a direct, stand-alone, cancer-fighting capacity. We believe Veto Cells have the potential to play a crucial role in the future for a broad range of adoptive cell therapies, as a stand-alone cell therapy, and in combination with other treatments." The patents describe Veto Cell inventions in which Veto Cells work in conjunction with existing stem cell transplant therapies to protect the patient from transplant-related complications while increasing overall treatment efficacy, as well as inventions in which Veto Cells have been exposed to third-party antigens, thereby enabling Veto Cells to work on their own to effectively target cancers that have not responded to genetically modified T-cell therapies or where these therapies do not currently exist. US Patent No. 10,961,504 (to be issued March 30, 2021) VETO CELLS GENERATED FROM MEMORY T CELLS The patent describes Veto Cells that have been exposed to disease-related antigens, thereby creating a "memory" function that allows the Veto Cells to efficiently recognize and attack specific targets, including viruses, bacteria, and cancer. This "memory" capability adds functionality to Veto Cells beyond their ability to induce immune system tolerance in the patient. As the Veto Cells are generated from T cells with "memory" (i.e., prior exposure to the antigen), these Veto Cells are especially beneficial in a mismatched (i.e., allogeneic) setting, being tolerated by the patient's immune system and overcoming common stem cell transplant-related issues such as infections, transplant rejection, and GvHD. One application of this invention is currently being utilized in Cell Source's Phase 1/2 clinical trial treatment protocol, in which Veto Cells both induce patient tolerance to transplanted allogeneic donor stem cells as well as prevent viral infections, as the Veto Cells exhibit "memory" that enables them to attack specific viral peptides (e.g., Cytomegalovirus, Epstein-Barr Virus). In cancer treatment applications, this approach involves utilizing Veto Cells imbued with a target memory function that enables them to attack specific tumor types without the need for stem cell transplants or genetic modifications. This direct "anti-cancer" Veto Cell application could have the potential to be particularly efficacious against tumors where genetically modified adoptive T-cell therapy (e.g. CAR-T cells) do not exist or have not been shown to be effective. Rather than relying on patient or donor cells, in this methodology, Veto Cells can be imbued with memory from third party sources, making this a truly stand-alone approach. A Phase 1/2 clinical trial is currently in progress testing the safety and efficacy of Cell Source's Veto Cells in patients with hematological cancers or with non-malignant hematological diseases. Information regarding the clinical trial may be located here: https://www.clinicaltrials.gov/ct2/show/NCT03622788 US Patent No. 10,933,124 (Issued March 2, 2021) METHODS OF TRANSPLANTATION AND DISEASE TREATMENT The patent describes an invention in which Veto Cells act as a critical enabler allowing transplanted mismatched-donor cells, including treatment cells (e.g., CAR-T or NK cells), to achieve "safe passage" through the patient's immune system while avoiding transplant-related issues such as GvHD. The Veto Cells accompany transplanted treatments to ensure that the patient's immune system fully accepts and integrates the treatment cells, enabling the cell therapy to reach its target and persist in the patient's body. In this methodology, a therapeutic amount of Tcm (central memory T-lymphocyte phenotype) anti-third party Veto Cells are administered to the patient as "passport" or "bodyguard" cells for the purpose of inducing immune tolerance, thereby enabling adoptive cell therapy in the absence of graft rejection and/or graft versus host disease (GvHD). Accordingly, the anti-third party Tcm Veto Cells can be used as an adjuvant therapy in situations in which adoptive cell therapy is warranted, including in cancer therapy, in cases of organ dysfunction or failure, in tissue injury, and in the treatment of infectious diseases. About Cell Source Cell Source, Inc. (OTC: CLCS) is the worldwide, exclusive innovator of Veto Cell based cellular therapy and immunotherapy platform technologies designed to provide safer and more accessible bone marrow transplantation (BMT) and improve the treatment of malignant blood cancers such as multiple myeloma and leukemia. In addition, Veto Cells can be exploited for the correction of nonmalignant genetic blood disorders like sickle cell disease and to durably treat auto immune diseases such as type 1 diabetes. The Company is developing and evaluating its Veto Cell CAR-T platform, which could potentially enable CAR-T vectors to be used in donor-derived (allogeneic) settings with increased safety, efficacy, and persistence. Cell Source's Veto Cell technologies are also being developed to facilitate improved safety in mismatched organ transplants (e.g., kidney and liver) by eliminating the need for life-long immune system suppression. The Company is focused on transitioning its globally exclusive allogeneic Veto Cell platform technologies into broader human studies in order to develop safe and curative BMT from mismatched donors as well as "off-the-shelf," safe, durable, and efficacious immunotherapy and immuno-oncology products. Cell Source Investor Resource Center Cell Source maintains a comprehensive Investor Resource Center including share information, SEC filings, investor relations contacts, and more, located here: https://cell-source.com/investor-center Cell Source General Information For general information regarding Cell Source, please visit the Company's website at https://cell-source.com A PDF presentation introducing Cell Source and its technologies is available here: https://cell-source.com/wp-content/uploads/2020/12/CLCS-Introduction-Q1-2021.pdf For details regarding Cell Source's Veto Cell Technology Platform and other immunotherapy innovations, please visit https://cell-source.com/veto-cells Background information on Professor Yair Reisner, Ph.D, the award-winning Chairman of Cell Source's Scientific Advisory Board, is available here: https://cell-source.com/professor-yair-reisner-ph-d Dr. Reisner's other published works and additional background information are available via ORCID, here: http://orcid.org/0000-0002-3354-6945 To learn about Cell Source's world-class collaborative partnerships, please visit http://cell-source.com/collaborative-partnerships. For information regarding Cell Source's Scientific Advisory Board, please visit https://cell-source.com/scientific-advisory-board Company Contact Itamar Shimrat, CEO 646.612.7554 [emailprotected] Investor Contact Michael Briola Alternative Advisory Group 917.455.0820 [emailprotected] Cautionary Note on Forward-Looking Statements This press release contains forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of Cell Source, Inc. could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations, inability to hire and retain qualified personnel, and changes in the general economic climate, as well as the risk factors disclosed in Cell Source, Inc.'s Form 10-K filed on March 30, 2020. Cell Source, Inc. may, in some cases, use terms such as "anticipates," "continue," "estimates," "predicts," "believes," "potential," "proposed," "expects," "plans," "intends," "may," "could," "should," "might," "will," or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by Cell Source, Inc. or any other person, that such forward-looking statements will be achieved. Cell Source, Inc. undertakes no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. SOURCE Cell Source, Inc. Related Links https://www.cell-source.com
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN, July 29, 2020 /PRNewswire/ --Alkermes plc (Nasdaq: ALKS) today reported financial results for the second quarter of 2020 and provided updated financial expectations for full-year 2020. The company had previously withdrawn its 2020 financial expectations due to uncertainties regarding the impact of the COVID-19 pandemic on its business. "During the second quarter, we adapted in response to the changing conditions in a complex environment. As we enter the second half of 2020, we are focused on three strategic imperatives. The first is commercial execution, as we drive to maximize the opportunities for ARISTADAand VIVITROL and prepare for the potential launch of ALKS 3831. The second is aggressive development of our pipeline programs, focusing on high-value opportunities that we believe have the potential to address patient needs and drive significant value in the near- and long-term. ALKS 4230, our lead oncology candidate, is the most prominent of these opportunities. The third is efficient management of our operating structure, with a focus on rigorous expense management and careful prioritization of our investments," said Richard Pops, Chief Executive Officerof Alkermes. "We distinguish ourselves from other biopharmaceutical companies through our efforts in serious mental illness and addiction chronic, highly prevalent conditions that affect millions of people and represent some of the most challenging public health issues of our time. We have built our organization with purpose and invested in specialized commercial capabilities to navigate fragmented treatment systems as we help address the complex challenges that patients with these diseases face," continued Mr. Pops. "As the nation's response to COVID-19 continues, it is critical that we work to mitigate the pandemic's secondary impacts related to social isolation, economic hardship and anxiety. For many patients struggling with serious mental illness and addiction, the current environment has amplifiedthe barriers to treatment that Alkermes has worked for many years to address. We believe it is our responsibility to help ensure that the treatment system continues to function for these patients." Quarter Ended June 30, 2020 Financial Highlights Total revenues for the quarter were $247.5 million, compared to $279.9 million for the same period in the prior year. Net loss according to generally accepted accounting principles in the U.S. (GAAP) was $29.4 million for the quarter, or a GAAP net loss per share of $0.19. This compared to GAAP net loss of $42.0 million, or a GAAP net loss per share of $0.27, for the same period in the prior year. Non-GAAP net income was $8.9 million for the quarter, or a non-GAAP basic and diluted earnings per share of $0.06. This compared to non-GAAP net income of $13.7 million, or a non-GAAP basic and diluted earnings per share of $0.09, for the same period in the prior year. Quarter Ended June 30, 2020 Financial Results Revenues Net sales of proprietary products were $130.4 million, compared to $136.6 million for the same period in the prior year. Net sales of VIVITROL were $71.6 million, compared to $88.2 million for the same period in the prior year, representing a decrease of approximately 19%, driven primarily by a decline in new patient starts and more restricted access to healthcare providers that resulted from COVID-19-related disruptions. Net sales of ARISTADAiwere $58.8 million, compared to $48.4 million for the same period in the prior year, representing an increase of approximately 21% driven primarily by increased breadth of the ARISTADA provider base and growth of the ARISTADA two-month dose. Manufacturing and royalty revenues were $116.5 million, compared to $127.9 million for the same period in the prior year. Manufacturing and royalty revenues from RISPERDAL CONSTA, INVEGA SUSTENNA/XEPLION and INVEGA TRINZA/TREVICTA were $83.1 million, compared to $91.9 million for the same period in the prior year, primarily driven by a decrease in manufacturing and royalty revenues related to RISPERDAL CONSTA. Costs and Expenses Total operating expenses were $281.2 million, compared to $315.8 million for the same period in the prior year. Research and Development (R&D) expenses were $94.2 million, compared to $104.4 million for the same period in the prior year. Selling, General and Administrative (SG&A) expenses were $132.0 million, compared to $155.1 million for the same period in the prior year. Balance Sheet At June 30, 2020, Alkermes recorded cash, cash equivalents and total investments of $539.6 million, compared to $549.7 million at March 31, 2020. Cash on hand at June 30, 2020 significantly exceeded the company's total debt outstanding of $276.1 million under its term loan, which matures in March 2023. "Our second quarter results reflect solid execution across the business. The performance of the ARISTADA product family, together with disciplined management of expenses, partially offset the negative impact on VIVITROL net sales that resulted from COVID-19-related decreases in patient visits to healthcare providers and treatment centers. With increased visibility into the expected impact of COVID-19 on our commercial portfolio, today we are issuing financial expectations for 2020 that reflect current trends and underscore our commitment to driving non-GAAP profitability," commented James Frates, Chief Financial Officer of Alkermes. "Over the past five years, we have grown our topline while investing in the future growth drivers of our business. Directly as a result of those investments, we established VIVITROL as an important therapeutic option for patients with opioid and alcohol dependence; we secured FDA approvals for the ARISTADA product family; we developed ALKS 3831 and submitted a New Drug Application for schizophrenia and bipolar I disorder; we built commercial psychiatry capabilities that support the growth of ARISTADA and which are also fully leverageable for ALKS 3831; we successfully developed VUMERITY and entered into a commercial collaboration that will provide 100% gross margin royalty revenues from net sales; we advanced development of ALKS 4230 while retaining optionality for strategic collaboration; and, we acquired a platform of histone deacetylase (HDAC) inhibitors that we believe will provide compelling pipeline opportunities in neurodegeneration and oncology. We are focused on executing our business strategy and believe these investments have positioned the business to drive long-term profitability and value creation." Financial Expectations for 2020 The following financial expectations for 2020 reflect the anticipated net impacts of the COVID-19 pandemic on Alkermes' operating and financial results. Alkermes anticipates that the negative impact of COVID-19 on VIVITROL net sales will be partially offset by a decrease in operating expenses, notably within R&D. The ranges provided are based on current trends and assume that treatment provider practices and patient flow will continue to normalize. Additional wide-spread COVID-19-related restrictions or resurgence of COVID-19 could negatively impact the company's ability to meet these expectations. All line items are according to GAAP, except as otherwise noted. In millions (except per share amounts) Current 2020 Expectation (Provided 7/29/20) Pre-COVID-19 Expectation (Provided 2/13/20; Suspended 4/29/20) Total Revenue $965 $1,005 $1,030 $1,080 VIVITROL Net Sales $270 $300 $340 $355 ARISTADA Net Sales $220 $235 $220 $235 Cost of Goods Sold $180 $190 $185 $195 R&D Expenses $370 $395 $405 $430 SG&A Expenses $525 $550 $535 $560 Amortization of Intangible Assets ~$40 ~$40 Other Income, Net $10 $15 Income Tax Expense $10 $15 $0 $10 GAAP Net Loss ($145) ($175) ($130) ($160) GAAP Net Loss per Share ($0.91) ($1.10) ($0.82) ($1.01) Non-GAAP Net Income $0 $30 $40 $70 Non-GAAP Basic EPS $0.00 $0.19 $0.25 $0.44 Non-GAAP Diluted EPS $0.00 $0.19 $0.25 $0.43 Capital Expenditures ~$35 $45 $55 Governance Update "Over the past 12 months, we conducted extensive shareholder outreach and engaged with shareholders representing approximately 60% in value of our outstanding ordinary shares. The Board values the views of our shareholders and, after considering their feedback, is taking actions to further strengthen our business and corporate governance practices. The Board believes these actions will help to position the company for long-term growth as we execute on our strategy," said David Anstice, Lead Independent Director of the Alkermes Board of Directors (the Board). The company announced today that it plans to take a series of actions as part of its commitment to corporate governance best practices and regular Board refreshment. First, the Board will recommend that shareholders approve, at the company's 2021 Annual General Meeting of Shareholders, an amendment to the company's Articles of Association to declassify the Board. Currently, the Board has three classes of directors, with directors in each class elected to three-year terms. Once the Board is declassified, the directors will be combined into a single class elected annually. Second, the Board has engaged a leading recruitment firm to identify independent director candidates whose experience and expertise offer valuable insights and strategic leadership at this stage in Alkermes' evolution. As part of this process, the company expects certain of its longer-serving directors will retire from the Board. This Board refreshment process will continue and build on the efforts undertaken by the company in the fall of 2019 that led to the addition of two highly-qualified, independent directors, Dr. Richard Gaynor and Mr. Andy Wilson, to the Board. Recent Events Schizophrenia portfolio In May 2020, presented new research from the company's schizophrenia portfolio at the American Society of Clinical Psychopharmacology (ASCP) 2020 Annual Meeting, including data from patient-reported evaluations relating to treatment with ALKS 3831 and satisfaction data relating to treatment with ARISTADA. In July 2020, announced a new survey conducted by The Harris Poll for Alkermes, which explored the current use and future potential of telepsychiatry services during and after the COVID-19 pandemic. ALKS 4230 In June 2020, presented positive preclinical data from a study designed to evaluate the combination potential of ALKS 4230, Alkermes' investigational engineered interleukin-2 (IL-2) variant immunotherapy, with lucitanib, Clovis Oncology, Inc.'s investigational angiogenesis inhibitor, at the American Association for Cancer Research (AACR) Virtual Annual Meeting II. Corporate citizenship In June 2020, announced that 10 nonprofit organizations were awarded grants from the company's COVID-19 Relief Fund, a special edition of the company's signature Alkermes Inspiration Grants program, that was established to assist nonprofit organizations in their work to rapidly address pandemic-related needs for people living with addiction, serious mental illness, or cancer. In July 2020, published Alkermes' latest Corporate Responsibility Report which outlines how the company integrates environmental, social and governance considerations into all aspects of its business. A copy of the report is available on the Responsibility section of Alkermes' website. Conference Call Alkermes will host a conference call and webcast presentation with accompanying slides at 8:00 a.m. ET (1:00 p.m. BST) on Wednesday, July 29, 2020, to discuss these financial results, financial expectations, and provide an update on the company. The webcast may be accessed on the Investors section of Alkermes' website at www.alkermes.com. The conference call may be accessed by dialing +1 877 407 2988 for U.S. callers and +1 201 389 0923 for international callers. In addition, a replay of the conference call will be available from 11:00 a.m. ET (4:00 p.m. BST) on Wednesday, July 29, 2020, through Wednesday, Aug. 5, 2020, and may be accessed by visiting Alkermes' website or by dialing +1 877 660 6853for U.S. callers and +1 201 612 7415 for international callers. The replay conference ID is 13707215. About Alkermes plc Alkermes plc is a fully integrated, global biopharmaceutical company developing innovative medicines in the fields of neuroscience and oncology. The company has a portfolio of proprietary commercial products focused on addiction and schizophrenia, and a pipeline of product candidates in development for schizophrenia, bipolar I disorder, neurodegenerative disorders and cancer. Headquartered in Dublin, Ireland, Alkermes plc has an R&D center in Waltham, Massachusetts; a research and manufacturing facility in Athlone, Ireland; and a manufacturing facility in Wilmington, Ohio. For more information, please visit Alkermes'website at www.alkermes.com. Non-GAAP Financial Measures This press release includes information about certain financial measures that are not prepared in accordance with GAAP, including non-GAAP net income (loss) and non-GAAP basic and diluted earnings (loss) per share. These non-GAAP measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies. Non-GAAP net income (loss) adjusts for one-time and non-cash charges by excluding from GAAP results: share-based compensation expense; amortization; depreciation; non-cash net interest expense; changes in the fair value of the contingent consideration; certain other one-time or non-cash items; and the income tax effect of these reconciling items. The company's management and the Board utilize these non-GAAP financial measures to evaluate the company's performance. The company provides these non-GAAP measures of the company's performance to investors because management believes that these non-GAAP financial measures, when viewed with the company's results under GAAP and the accompanying reconciliations, are useful in identifying underlying trends in ongoing operations. However, non-GAAP net income (loss) and non-GAAP basic and diluted earnings (loss) per share are not measures of financial performance under GAAP and, accordingly, should not be considered as alternatives to GAAP measures as indicators of operating performance. Further, non-GAAP net income (loss) and non-GAAP basic and diluted earnings (loss) per share should not be considered measures of the company's liquidity. A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. Note Regarding Forward-Looking Statements Certain statements set forth in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, but not limited to, statements concerning: the company's expectations concerning future financial and operating performance, business plans or prospects, including the anticipated ongoing impacts of COVID-19 on the company's business and financial performance, the company's assumptions with respect to normalization of patient and healthcare provider practices, the expected growth drivers of the company's business, and the company's ability to drive significant value creation and long-term growth and profitability; the potential therapeutic and commercial value of the company's marketed and development products and the company's potential contributions to supporting patient access to such products; the company's plans for, and expectations relating to, corporate governance changes, including the proposed declassification and refreshment of the Board; expectations concerning future development activities for the company's development candidates; and expectations and timelines concerning the company's commercial activities and capabilities, including in relation to the potential launch of ALKS 3831 following U.S. Food and Drug Administration's ("FDA") review and potential approval of the new drug application ("NDA") for ALKS 3831. The company cautions that forward-looking statements are inherently uncertain. The forward-looking statements are neither promises nor guarantees and they are necessarily subject to a high degree of uncertainty and risk. Actual performance and results may differ materially from those expressed or implied in the forward-looking statements due to various risks and uncertainties. These risks and uncertainties include, among others: the impacts of the ongoing COVID-19 pandemic and continued efforts to mitigate its spread on the company's business, results of operations or financial condition, including: impacts on the vendors or distribution channels in its supply chain, and the company's ability to continue to manufacture its products; impacts on its ability to continue its discovery activities; impacts on the conduct of its clinical trials, including with respect to enrollment rates, availability of investigators and clinical trial sites and monitoring of data; impacts on healthcare systems that serve people living with opioid dependence, alcohol dependence and schizophrenia and on patient and healthcare provider access to the company's medicines; impacts on the regulatory agencies with which the company interacts in the development, review, approval and commercialization of its medicines; impacts on reimbursement for the company's products, including its Medicaid rebate liability, and for services related to the use of its products; and impacts on the U.S., Irish and/or global economies more broadly; the unfavorable outcome of litigation, including so-called "ParagraphIV" litigation and other patent litigation, related to any of the company's products or products using the company's proprietary technologies, which may lead to competition from generic drug manufacturers; clinical development activities may not be completed on time or at all; the results of the company's clinical development activities may not be positive, or predictive of real-world results or of results in subsequent clinical trials; regulatory submissions may not occur or be submitted in a timely manner; the FDA or regulatory authorities outside the U.S. may make adverse decisions regarding the company's products, including decisions not to approve the company's NDAs; data from clinical trials may be interpreted by the FDA in different ways than the company interprets it; the FDA may not agree with the company's regulatory approval strategies or components of its regulatory filings, including the company's clinical trial designs, conduct and methodologies, manufacturing processes and facilities, and the adequacy of the data and other information included in its filings to meet the FDA's requirements for approval; the company and its licensees may not be able to continue to successfully commercialize their products; there may be a reduction in payment rate or reimbursement for the company's products or an increase in the company's financial obligations to governmental payers; the company's products may prove difficult to manufacture, be precluded from commercialization by the proprietary rights of third parties, or have unintended side effects, adverse reactions or incidents of misuse;and those risks and uncertainties described under the heading "Risk Factors" in the company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q and in subsequent filings made by the company with the U.S. Securities and Exchange Commission ("SEC"), which are available on the SEC's website at www.sec.gov. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, the company disclaims any intention or responsibility for updating or revising any forward-looking statements contained in this press release. Trademarks VIVITROL is a registered trademark of Alkermes, Inc.; ARISTADA and ARISTADA INITIO are registered trademarks of Alkermes Pharma Ireland Limited; VUMERITYis a registered trademark ofBiogen Inc., used byAlkermesunder license;and RISPERDAL CONSTA, INVEGA SUSTENNA, XEPLION, INVEGA TRINZA andTREVICTA are registered trademarks of Johnson & Johnson. (tables follow) i The term "ARISTADA" as used in this press release refers to ARISTADA and ARISTADA INITIO, unless the context indicates otherwise. Alkermes plc and Subsidiaries Selected Financial Information (Unaudited) Condensed Consolidated Statements of Operations - GAAP Three Months Ended Three Months Ended (In thousands, except per share data) June30,2020 June30,2019 Revenues: Product sales, net $ 130,415 $ 136,635 Manufacturing and royalty revenues 116,505 127,897 Research and development revenue 609 14,340 License revenue 1,000 Total Revenues 247,529 279,872 Expenses: Cost of goods manufactured and sold 45,053 46,223 Research and development 94,222 104,435 Selling, general and administrative 132,025 155,075 Amortization of acquired intangible assets 9,890 10,062 Total Expenses 281,190 315,795 Operating Loss (33,661) (35,923) Other Income (Expense), net: Interest income 1,788 3,706 Interest expense (2,122) (3,520) Change in the fair value of contingent consideration 5,900 (6,500) Other income, net 2,337 1,851 Total Other Income (Expense), net 7,903 (4,463) Loss Before Income Taxes (25,758) (40,386) Income Tax Provision 3,673 1,604 Net Loss GAAP $ (29,431) $ (41,990) (Loss) Earnings Per Share: GAAP loss per share basic and diluted $ (0.19) $ (0.27) Non-GAAP earnings per share basic and diluted $ 0.06 $ 0.09 Weighted Average Number of Ordinary Shares Outstanding: Basic and diluted GAAP 158,895 156,991 Basic Non-GAAP 158,895 156,991 Diluted Non-GAAP 159,275 158,987 An itemized reconciliation between net loss on a GAAP basis and non-GAAP net income is as follows: Net Loss GAAP $ (29,431) $ (41,990) Adjustments: Share-based compensation expense 22,846 28,245 Depreciation expense 10,447 9,852 Amortization expense 9,890 10,062 Income tax effect related to reconciling items 877 2,043 Non-cash net interest expense 167 168 Change in the fair value of contingent consideration (5,900) 6,500 Change in the fair value of warrants and equity method investments (1,134) Non-GAAP Net Income $ 8,896 $ 13,746 Condensed Consolidated Statements of Operations - GAAP Six Months Ended Six Months Ended (In thousands, except per share data) June30,2020 June30,2019 Revenues: Product sales, net $ 260,141 $ 236,116 Manufacturing and royalty revenues 232,756 236,812 Research and development revenue 852 29,046 License Revenue 1,000 Total Revenues 493,749 502,974 Expenses: Cost of goods manufactured and sold 92,264 91,584 Research and development 187,501 207,005 Selling, general and administrative 265,397 296,295 Amortization of acquired intangible assets 19,618 20,014 Total Expenses 564,780 614,898 Operating Loss (71,031) (111,924) Other Income (Expense), net: Interest income 4,548 7,276 Interest expense (4,979) (7,020) Change in the fair value of contingent consideration 12,700 (29,100) Other income, net 1,679 130 Total Other Income (Expense), net 13,948 (28,714) Loss Before Income Taxes (57,083) (140,638) Provision (Benefit) for Income Taxes 11,002 (2,250) Net Loss GAAP $ (68,085) $ (138,388) (Loss) Earnings Per Share: GAAP loss per share basic and diluted $ (0.43) $ (0.88) Non-GAAP earnings (loss) per share basic and diluted $ 0.07 $ (0.08) Weighted Average Number of Ordinary Shares Outstanding: Basic and diluted GAAP 158,495 156,665 Basic Non-GAAP 158,495 156,665 Diluted Non-GAAP 159,151 156,665 An itemized reconciliation between net loss on a GAAP basis and non-GAAP net income (loss) is as follows: Net Loss GAAP $ (68,085) $ (138,388) Adjustments: Share-based compensation expense 42,659 52,861 Depreciation expense 21,328 19,542 Amortization expense 19,618 20,014 Income tax effect related to reconciling items 6,797 5,015 Non-cash net interest expense 334 337 Change in the fair value of contingent consideration (12,700) 29,100 Acquisition of IPR&D 674 Change in the fair value of warrants and equity method investments (701) Non-GAAP Net Income (Loss) $ 10,625 $ (12,220) Condensed Consolidated Balance Sheets June30, December 31, (In thousands) 2020 2019 Cash, cash equivalents and total investments $ 539,596 $ 614,370 Receivables 237,393 257,086 Contract assets 9,240 8,386 Inventory 116,458 101,803 Prepaid expenses and other current assets 51,705 59,716 Property, plant and equipment, net 361,807 362,168 Intangible assets, net and goodwill 223,898 243,516 Other assets 262,240 158,358 Total Assets $ 1,802,337 $ 1,805,403 Long-term debt current portion $ 2,843 $ 2,843 Other current liabilities 318,571 388,269 Long-term debt 273,207 274,295 Contract liabilities long-term 18,881 22,068 Other long-term liabilities 126,989 32,486 Total shareholders' equity 1,061,846 1,085,442 Total Liabilities and Shareholders' Equity $ 1,802,337 $ 1,805,403 Ordinary shares outstanding (in thousands) 159,028 157,779 This selected financial information should be read in conjunction with the consolidated financial statements and notes thereto included in Alkermes plc's Quarterly Report on Form 10-Q for the three and six months ended June 30, 2020, which the company intends to file in July 2020. 2020 Guidance GAAP to Non-GAAP Adjustments An itemized reconciliation between projected loss per share on a GAAP basis and projected earnings per share on a non-GAAP basis is as follows: (In millions, except per share data) Amount Shares (Loss) Earnings Per Share Projected Net Loss GAAP $ (160.0) 159 $ (1.01) Adjustments: Share-based compensation expense 97.5 Depreciation expense 44.0 Amortization expense 40.0 Income tax effect related to reconciling items 5.0 Non-cash net interest expense 1.0 Change in the fair value of contingent consideration (12.5) Projected Net Income Non-GAAP $ 15.0 161 $ 0.09 Projected GAAP and non-GAAP measures reflect mid-points within ranges of estimated guidance. Alkermes Contacts: For Investors: Sandy Coombs +1 781 609 6377For Media: Katie Joyce+1 781 249 8927 SOURCE Alkermes plc Related Links http://www.alkermes.com
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Alkermes plc Reports Second Quarter 2020 Financial Results and Issues 2020 Financial Expectations
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DUBLIN, July 29, 2020 /PRNewswire/ --Alkermes plc (Nasdaq: ALKS) today reported financial results for the second quarter of 2020 and provided updated financial expectations for full-year 2020. The company had previously withdrawn its 2020 financial expectations due to uncertainties regarding the impact of the COVID-19 pandemic on its business. "During the second quarter, we adapted in response to the changing conditions in a complex environment. As we enter the second half of 2020, we are focused on three strategic imperatives. The first is commercial execution, as we drive to maximize the opportunities for ARISTADAand VIVITROL and prepare for the potential launch of ALKS 3831. The second is aggressive development of our pipeline programs, focusing on high-value opportunities that we believe have the potential to address patient needs and drive significant value in the near- and long-term. ALKS 4230, our lead oncology candidate, is the most prominent of these opportunities. The third is efficient management of our operating structure, with a focus on rigorous expense management and careful prioritization of our investments," said Richard Pops, Chief Executive Officerof Alkermes. "We distinguish ourselves from other biopharmaceutical companies through our efforts in serious mental illness and addiction chronic, highly prevalent conditions that affect millions of people and represent some of the most challenging public health issues of our time. We have built our organization with purpose and invested in specialized commercial capabilities to navigate fragmented treatment systems as we help address the complex challenges that patients with these diseases face," continued Mr. Pops. "As the nation's response to COVID-19 continues, it is critical that we work to mitigate the pandemic's secondary impacts related to social isolation, economic hardship and anxiety. For many patients struggling with serious mental illness and addiction, the current environment has amplifiedthe barriers to treatment that Alkermes has worked for many years to address. We believe it is our responsibility to help ensure that the treatment system continues to function for these patients." Quarter Ended June 30, 2020 Financial Highlights Total revenues for the quarter were $247.5 million, compared to $279.9 million for the same period in the prior year. Net loss according to generally accepted accounting principles in the U.S. (GAAP) was $29.4 million for the quarter, or a GAAP net loss per share of $0.19. This compared to GAAP net loss of $42.0 million, or a GAAP net loss per share of $0.27, for the same period in the prior year. Non-GAAP net income was $8.9 million for the quarter, or a non-GAAP basic and diluted earnings per share of $0.06. This compared to non-GAAP net income of $13.7 million, or a non-GAAP basic and diluted earnings per share of $0.09, for the same period in the prior year. Quarter Ended June 30, 2020 Financial Results Revenues Net sales of proprietary products were $130.4 million, compared to $136.6 million for the same period in the prior year. Net sales of VIVITROL were $71.6 million, compared to $88.2 million for the same period in the prior year, representing a decrease of approximately 19%, driven primarily by a decline in new patient starts and more restricted access to healthcare providers that resulted from COVID-19-related disruptions. Net sales of ARISTADAiwere $58.8 million, compared to $48.4 million for the same period in the prior year, representing an increase of approximately 21% driven primarily by increased breadth of the ARISTADA provider base and growth of the ARISTADA two-month dose. Manufacturing and royalty revenues were $116.5 million, compared to $127.9 million for the same period in the prior year. Manufacturing and royalty revenues from RISPERDAL CONSTA, INVEGA SUSTENNA/XEPLION and INVEGA TRINZA/TREVICTA were $83.1 million, compared to $91.9 million for the same period in the prior year, primarily driven by a decrease in manufacturing and royalty revenues related to RISPERDAL CONSTA. Costs and Expenses Total operating expenses were $281.2 million, compared to $315.8 million for the same period in the prior year. Research and Development (R&D) expenses were $94.2 million, compared to $104.4 million for the same period in the prior year. Selling, General and Administrative (SG&A) expenses were $132.0 million, compared to $155.1 million for the same period in the prior year. Balance Sheet At June 30, 2020, Alkermes recorded cash, cash equivalents and total investments of $539.6 million, compared to $549.7 million at March 31, 2020. Cash on hand at June 30, 2020 significantly exceeded the company's total debt outstanding of $276.1 million under its term loan, which matures in March 2023. "Our second quarter results reflect solid execution across the business. The performance of the ARISTADA product family, together with disciplined management of expenses, partially offset the negative impact on VIVITROL net sales that resulted from COVID-19-related decreases in patient visits to healthcare providers and treatment centers. With increased visibility into the expected impact of COVID-19 on our commercial portfolio, today we are issuing financial expectations for 2020 that reflect current trends and underscore our commitment to driving non-GAAP profitability," commented James Frates, Chief Financial Officer of Alkermes. "Over the past five years, we have grown our topline while investing in the future growth drivers of our business. Directly as a result of those investments, we established VIVITROL as an important therapeutic option for patients with opioid and alcohol dependence; we secured FDA approvals for the ARISTADA product family; we developed ALKS 3831 and submitted a New Drug Application for schizophrenia and bipolar I disorder; we built commercial psychiatry capabilities that support the growth of ARISTADA and which are also fully leverageable for ALKS 3831; we successfully developed VUMERITY and entered into a commercial collaboration that will provide 100% gross margin royalty revenues from net sales; we advanced development of ALKS 4230 while retaining optionality for strategic collaboration; and, we acquired a platform of histone deacetylase (HDAC) inhibitors that we believe will provide compelling pipeline opportunities in neurodegeneration and oncology. We are focused on executing our business strategy and believe these investments have positioned the business to drive long-term profitability and value creation." Financial Expectations for 2020 The following financial expectations for 2020 reflect the anticipated net impacts of the COVID-19 pandemic on Alkermes' operating and financial results. Alkermes anticipates that the negative impact of COVID-19 on VIVITROL net sales will be partially offset by a decrease in operating expenses, notably within R&D. The ranges provided are based on current trends and assume that treatment provider practices and patient flow will continue to normalize. Additional wide-spread COVID-19-related restrictions or resurgence of COVID-19 could negatively impact the company's ability to meet these expectations. All line items are according to GAAP, except as otherwise noted. In millions (except per share amounts) Current 2020 Expectation (Provided 7/29/20) Pre-COVID-19 Expectation (Provided 2/13/20; Suspended 4/29/20) Total Revenue $965 $1,005 $1,030 $1,080 VIVITROL Net Sales $270 $300 $340 $355 ARISTADA Net Sales $220 $235 $220 $235 Cost of Goods Sold $180 $190 $185 $195 R&D Expenses $370 $395 $405 $430 SG&A Expenses $525 $550 $535 $560 Amortization of Intangible Assets ~$40 ~$40 Other Income, Net $10 $15 Income Tax Expense $10 $15 $0 $10 GAAP Net Loss ($145) ($175) ($130) ($160) GAAP Net Loss per Share ($0.91) ($1.10) ($0.82) ($1.01) Non-GAAP Net Income $0 $30 $40 $70 Non-GAAP Basic EPS $0.00 $0.19 $0.25 $0.44 Non-GAAP Diluted EPS $0.00 $0.19 $0.25 $0.43 Capital Expenditures ~$35 $45 $55 Governance Update "Over the past 12 months, we conducted extensive shareholder outreach and engaged with shareholders representing approximately 60% in value of our outstanding ordinary shares. The Board values the views of our shareholders and, after considering their feedback, is taking actions to further strengthen our business and corporate governance practices. The Board believes these actions will help to position the company for long-term growth as we execute on our strategy," said David Anstice, Lead Independent Director of the Alkermes Board of Directors (the Board). The company announced today that it plans to take a series of actions as part of its commitment to corporate governance best practices and regular Board refreshment. First, the Board will recommend that shareholders approve, at the company's 2021 Annual General Meeting of Shareholders, an amendment to the company's Articles of Association to declassify the Board. Currently, the Board has three classes of directors, with directors in each class elected to three-year terms. Once the Board is declassified, the directors will be combined into a single class elected annually. Second, the Board has engaged a leading recruitment firm to identify independent director candidates whose experience and expertise offer valuable insights and strategic leadership at this stage in Alkermes' evolution. As part of this process, the company expects certain of its longer-serving directors will retire from the Board. This Board refreshment process will continue and build on the efforts undertaken by the company in the fall of 2019 that led to the addition of two highly-qualified, independent directors, Dr. Richard Gaynor and Mr. Andy Wilson, to the Board. Recent Events Schizophrenia portfolio In May 2020, presented new research from the company's schizophrenia portfolio at the American Society of Clinical Psychopharmacology (ASCP) 2020 Annual Meeting, including data from patient-reported evaluations relating to treatment with ALKS 3831 and satisfaction data relating to treatment with ARISTADA. In July 2020, announced a new survey conducted by The Harris Poll for Alkermes, which explored the current use and future potential of telepsychiatry services during and after the COVID-19 pandemic. ALKS 4230 In June 2020, presented positive preclinical data from a study designed to evaluate the combination potential of ALKS 4230, Alkermes' investigational engineered interleukin-2 (IL-2) variant immunotherapy, with lucitanib, Clovis Oncology, Inc.'s investigational angiogenesis inhibitor, at the American Association for Cancer Research (AACR) Virtual Annual Meeting II. Corporate citizenship In June 2020, announced that 10 nonprofit organizations were awarded grants from the company's COVID-19 Relief Fund, a special edition of the company's signature Alkermes Inspiration Grants program, that was established to assist nonprofit organizations in their work to rapidly address pandemic-related needs for people living with addiction, serious mental illness, or cancer. In July 2020, published Alkermes' latest Corporate Responsibility Report which outlines how the company integrates environmental, social and governance considerations into all aspects of its business. A copy of the report is available on the Responsibility section of Alkermes' website. Conference Call Alkermes will host a conference call and webcast presentation with accompanying slides at 8:00 a.m. ET (1:00 p.m. BST) on Wednesday, July 29, 2020, to discuss these financial results, financial expectations, and provide an update on the company. The webcast may be accessed on the Investors section of Alkermes' website at www.alkermes.com. The conference call may be accessed by dialing +1 877 407 2988 for U.S. callers and +1 201 389 0923 for international callers. In addition, a replay of the conference call will be available from 11:00 a.m. ET (4:00 p.m. BST) on Wednesday, July 29, 2020, through Wednesday, Aug. 5, 2020, and may be accessed by visiting Alkermes' website or by dialing +1 877 660 6853for U.S. callers and +1 201 612 7415 for international callers. The replay conference ID is 13707215. About Alkermes plc Alkermes plc is a fully integrated, global biopharmaceutical company developing innovative medicines in the fields of neuroscience and oncology. The company has a portfolio of proprietary commercial products focused on addiction and schizophrenia, and a pipeline of product candidates in development for schizophrenia, bipolar I disorder, neurodegenerative disorders and cancer. Headquartered in Dublin, Ireland, Alkermes plc has an R&D center in Waltham, Massachusetts; a research and manufacturing facility in Athlone, Ireland; and a manufacturing facility in Wilmington, Ohio. For more information, please visit Alkermes'website at www.alkermes.com. Non-GAAP Financial Measures This press release includes information about certain financial measures that are not prepared in accordance with GAAP, including non-GAAP net income (loss) and non-GAAP basic and diluted earnings (loss) per share. These non-GAAP measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies. Non-GAAP net income (loss) adjusts for one-time and non-cash charges by excluding from GAAP results: share-based compensation expense; amortization; depreciation; non-cash net interest expense; changes in the fair value of the contingent consideration; certain other one-time or non-cash items; and the income tax effect of these reconciling items. The company's management and the Board utilize these non-GAAP financial measures to evaluate the company's performance. The company provides these non-GAAP measures of the company's performance to investors because management believes that these non-GAAP financial measures, when viewed with the company's results under GAAP and the accompanying reconciliations, are useful in identifying underlying trends in ongoing operations. However, non-GAAP net income (loss) and non-GAAP basic and diluted earnings (loss) per share are not measures of financial performance under GAAP and, accordingly, should not be considered as alternatives to GAAP measures as indicators of operating performance. Further, non-GAAP net income (loss) and non-GAAP basic and diluted earnings (loss) per share should not be considered measures of the company's liquidity. A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. Note Regarding Forward-Looking Statements Certain statements set forth in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, but not limited to, statements concerning: the company's expectations concerning future financial and operating performance, business plans or prospects, including the anticipated ongoing impacts of COVID-19 on the company's business and financial performance, the company's assumptions with respect to normalization of patient and healthcare provider practices, the expected growth drivers of the company's business, and the company's ability to drive significant value creation and long-term growth and profitability; the potential therapeutic and commercial value of the company's marketed and development products and the company's potential contributions to supporting patient access to such products; the company's plans for, and expectations relating to, corporate governance changes, including the proposed declassification and refreshment of the Board; expectations concerning future development activities for the company's development candidates; and expectations and timelines concerning the company's commercial activities and capabilities, including in relation to the potential launch of ALKS 3831 following U.S. Food and Drug Administration's ("FDA") review and potential approval of the new drug application ("NDA") for ALKS 3831. The company cautions that forward-looking statements are inherently uncertain. The forward-looking statements are neither promises nor guarantees and they are necessarily subject to a high degree of uncertainty and risk. Actual performance and results may differ materially from those expressed or implied in the forward-looking statements due to various risks and uncertainties. These risks and uncertainties include, among others: the impacts of the ongoing COVID-19 pandemic and continued efforts to mitigate its spread on the company's business, results of operations or financial condition, including: impacts on the vendors or distribution channels in its supply chain, and the company's ability to continue to manufacture its products; impacts on its ability to continue its discovery activities; impacts on the conduct of its clinical trials, including with respect to enrollment rates, availability of investigators and clinical trial sites and monitoring of data; impacts on healthcare systems that serve people living with opioid dependence, alcohol dependence and schizophrenia and on patient and healthcare provider access to the company's medicines; impacts on the regulatory agencies with which the company interacts in the development, review, approval and commercialization of its medicines; impacts on reimbursement for the company's products, including its Medicaid rebate liability, and for services related to the use of its products; and impacts on the U.S., Irish and/or global economies more broadly; the unfavorable outcome of litigation, including so-called "ParagraphIV" litigation and other patent litigation, related to any of the company's products or products using the company's proprietary technologies, which may lead to competition from generic drug manufacturers; clinical development activities may not be completed on time or at all; the results of the company's clinical development activities may not be positive, or predictive of real-world results or of results in subsequent clinical trials; regulatory submissions may not occur or be submitted in a timely manner; the FDA or regulatory authorities outside the U.S. may make adverse decisions regarding the company's products, including decisions not to approve the company's NDAs; data from clinical trials may be interpreted by the FDA in different ways than the company interprets it; the FDA may not agree with the company's regulatory approval strategies or components of its regulatory filings, including the company's clinical trial designs, conduct and methodologies, manufacturing processes and facilities, and the adequacy of the data and other information included in its filings to meet the FDA's requirements for approval; the company and its licensees may not be able to continue to successfully commercialize their products; there may be a reduction in payment rate or reimbursement for the company's products or an increase in the company's financial obligations to governmental payers; the company's products may prove difficult to manufacture, be precluded from commercialization by the proprietary rights of third parties, or have unintended side effects, adverse reactions or incidents of misuse;and those risks and uncertainties described under the heading "Risk Factors" in the company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q and in subsequent filings made by the company with the U.S. Securities and Exchange Commission ("SEC"), which are available on the SEC's website at www.sec.gov. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, the company disclaims any intention or responsibility for updating or revising any forward-looking statements contained in this press release. Trademarks VIVITROL is a registered trademark of Alkermes, Inc.; ARISTADA and ARISTADA INITIO are registered trademarks of Alkermes Pharma Ireland Limited; VUMERITYis a registered trademark ofBiogen Inc., used byAlkermesunder license;and RISPERDAL CONSTA, INVEGA SUSTENNA, XEPLION, INVEGA TRINZA andTREVICTA are registered trademarks of Johnson & Johnson. (tables follow) i The term "ARISTADA" as used in this press release refers to ARISTADA and ARISTADA INITIO, unless the context indicates otherwise. Alkermes plc and Subsidiaries Selected Financial Information (Unaudited) Condensed Consolidated Statements of Operations - GAAP Three Months Ended Three Months Ended (In thousands, except per share data) June30,2020 June30,2019 Revenues: Product sales, net $ 130,415 $ 136,635 Manufacturing and royalty revenues 116,505 127,897 Research and development revenue 609 14,340 License revenue 1,000 Total Revenues 247,529 279,872 Expenses: Cost of goods manufactured and sold 45,053 46,223 Research and development 94,222 104,435 Selling, general and administrative 132,025 155,075 Amortization of acquired intangible assets 9,890 10,062 Total Expenses 281,190 315,795 Operating Loss (33,661) (35,923) Other Income (Expense), net: Interest income 1,788 3,706 Interest expense (2,122) (3,520) Change in the fair value of contingent consideration 5,900 (6,500) Other income, net 2,337 1,851 Total Other Income (Expense), net 7,903 (4,463) Loss Before Income Taxes (25,758) (40,386) Income Tax Provision 3,673 1,604 Net Loss GAAP $ (29,431) $ (41,990) (Loss) Earnings Per Share: GAAP loss per share basic and diluted $ (0.19) $ (0.27) Non-GAAP earnings per share basic and diluted $ 0.06 $ 0.09 Weighted Average Number of Ordinary Shares Outstanding: Basic and diluted GAAP 158,895 156,991 Basic Non-GAAP 158,895 156,991 Diluted Non-GAAP 159,275 158,987 An itemized reconciliation between net loss on a GAAP basis and non-GAAP net income is as follows: Net Loss GAAP $ (29,431) $ (41,990) Adjustments: Share-based compensation expense 22,846 28,245 Depreciation expense 10,447 9,852 Amortization expense 9,890 10,062 Income tax effect related to reconciling items 877 2,043 Non-cash net interest expense 167 168 Change in the fair value of contingent consideration (5,900) 6,500 Change in the fair value of warrants and equity method investments (1,134) Non-GAAP Net Income $ 8,896 $ 13,746 Condensed Consolidated Statements of Operations - GAAP Six Months Ended Six Months Ended (In thousands, except per share data) June30,2020 June30,2019 Revenues: Product sales, net $ 260,141 $ 236,116 Manufacturing and royalty revenues 232,756 236,812 Research and development revenue 852 29,046 License Revenue 1,000 Total Revenues 493,749 502,974 Expenses: Cost of goods manufactured and sold 92,264 91,584 Research and development 187,501 207,005 Selling, general and administrative 265,397 296,295 Amortization of acquired intangible assets 19,618 20,014 Total Expenses 564,780 614,898 Operating Loss (71,031) (111,924) Other Income (Expense), net: Interest income 4,548 7,276 Interest expense (4,979) (7,020) Change in the fair value of contingent consideration 12,700 (29,100) Other income, net 1,679 130 Total Other Income (Expense), net 13,948 (28,714) Loss Before Income Taxes (57,083) (140,638) Provision (Benefit) for Income Taxes 11,002 (2,250) Net Loss GAAP $ (68,085) $ (138,388) (Loss) Earnings Per Share: GAAP loss per share basic and diluted $ (0.43) $ (0.88) Non-GAAP earnings (loss) per share basic and diluted $ 0.07 $ (0.08) Weighted Average Number of Ordinary Shares Outstanding: Basic and diluted GAAP 158,495 156,665 Basic Non-GAAP 158,495 156,665 Diluted Non-GAAP 159,151 156,665 An itemized reconciliation between net loss on a GAAP basis and non-GAAP net income (loss) is as follows: Net Loss GAAP $ (68,085) $ (138,388) Adjustments: Share-based compensation expense 42,659 52,861 Depreciation expense 21,328 19,542 Amortization expense 19,618 20,014 Income tax effect related to reconciling items 6,797 5,015 Non-cash net interest expense 334 337 Change in the fair value of contingent consideration (12,700) 29,100 Acquisition of IPR&D 674 Change in the fair value of warrants and equity method investments (701) Non-GAAP Net Income (Loss) $ 10,625 $ (12,220) Condensed Consolidated Balance Sheets June30, December 31, (In thousands) 2020 2019 Cash, cash equivalents and total investments $ 539,596 $ 614,370 Receivables 237,393 257,086 Contract assets 9,240 8,386 Inventory 116,458 101,803 Prepaid expenses and other current assets 51,705 59,716 Property, plant and equipment, net 361,807 362,168 Intangible assets, net and goodwill 223,898 243,516 Other assets 262,240 158,358 Total Assets $ 1,802,337 $ 1,805,403 Long-term debt current portion $ 2,843 $ 2,843 Other current liabilities 318,571 388,269 Long-term debt 273,207 274,295 Contract liabilities long-term 18,881 22,068 Other long-term liabilities 126,989 32,486 Total shareholders' equity 1,061,846 1,085,442 Total Liabilities and Shareholders' Equity $ 1,802,337 $ 1,805,403 Ordinary shares outstanding (in thousands) 159,028 157,779 This selected financial information should be read in conjunction with the consolidated financial statements and notes thereto included in Alkermes plc's Quarterly Report on Form 10-Q for the three and six months ended June 30, 2020, which the company intends to file in July 2020. 2020 Guidance GAAP to Non-GAAP Adjustments An itemized reconciliation between projected loss per share on a GAAP basis and projected earnings per share on a non-GAAP basis is as follows: (In millions, except per share data) Amount Shares (Loss) Earnings Per Share Projected Net Loss GAAP $ (160.0) 159 $ (1.01) Adjustments: Share-based compensation expense 97.5 Depreciation expense 44.0 Amortization expense 40.0 Income tax effect related to reconciling items 5.0 Non-cash net interest expense 1.0 Change in the fair value of contingent consideration (12.5) Projected Net Income Non-GAAP $ 15.0 161 $ 0.09 Projected GAAP and non-GAAP measures reflect mid-points within ranges of estimated guidance. Alkermes Contacts: For Investors: Sandy Coombs +1 781 609 6377For Media: Katie Joyce+1 781 249 8927 SOURCE Alkermes plc Related Links http://www.alkermes.com
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: Year-end 2020 debt reduced nearly $500 million from mid-year 2020 2021 debt reduction target increased 25% to $1.25 billion including second half 2020 Multi-year debt target issued: $4.5 billion of total debt by year-end 2022 Company signs agreement to sell its Duvernay asset for $263 million Company generated significant non-GAAP Free Cash Flow for third consecutive year Strong well performance and realized prices combined with lower cash costs drive cash flow beat with lower-than-expected capital investments 2021 capital investment plan of $1.5 billion expected to generate ~$1 billion of non-GAAP Free Cash Flow DENVER, Feb. 17, 2021 /PRNewswire/ -Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced its fourth quarter and full-year 2020 financial and operating results, announced an agreement to sell its Duvernay assets, disclosed its year-end 2020 proved reserves and provided a strong 2021 Outlook. In addition, the Company issued a new target of reducing total debt to $4.5 billion by year-end 2022. A conference call and webcast will be held at 9 a.m. MT, Thursday, February 18, 2021 (details within). Highlights: Fourth quarter and full-year financial and operating results exceeded targets and consensus expectations. Full-year cash from operating activities was approximately $1.9 billion, equal to non-GAAP Cash Flow; 2020 non-GAAP Free Cash Flow was $193 million (inclusive of $90 million of one-time restructuring costs), with strong fourth quarter momentum of nearly $350 million in non-GAAP Free Cash Flow. Reduced total long-term debt, including current portion, by $257 million in the fourth quarter, representing a $481 million reduction since mid-year 2020. Delivered strong well performance, driving fourth quarter crude and condensate(1) production of 215 thousand barrels per day (Mbbls/d), above guidance of 200 Mbbls/d; Fourth quarter total production averaged 557 thousand barrels of oil equivalent per day (MBOE/d). Full-year 2020 production averaged 544 MBOE/d. Maintained disciplined capital investments with full year spending of $1.74 billion, well under the $1.8 billion guide. Further capital efficiency gains achieved with fourth quarter average completed well costs at least 25% lower than full-year 2019 averages; new pacesetter well costs attained in each of the three core plays. Achieved seventh consecutive "safest-year-ever". Flared and vented natural gas volumes in the fourth quarter of 2020 accounted for less than 0.5% of total natural gas production, down significantly from 1.2% in 2019. Reached an agreement to sell its Duvernay assets for $263 million including $12 million of contingent payments. Established total debt target of $4.5 billion by year-end 2022, a 35% reduction when compared to year-end 2020, inclusive of $1 billion in divestment proceeds. Ovintiv CEO Doug Suttles said, "We achieved outstanding financial, operating and environmental results in 2020. Through this combination, we 'beat our beat' in the fourth quarter with lower capital investments and very strong cash flows. The strengths of our company - a high-quality portfolio, industry-leading efficiencies, sophisticated risk management and a culture of innovation - were crucial to our success during a challenging time for the industry. For the third consecutive year, we delivered meaningful free cash flow, and we estimate $1 billion in free cash flow in 2021. We've made significant progress on debt reduction and today increased our year-end 2021 debt reduction target by 25% to $1.25 billion and set a year-end 2022 total debt target of $4.5 billion. The critical intersection of financial and operating results with environmental progress was evident through our industry-leading total flare and vent volumes of less than half-of-one percent in the fourth quarter." 1. Throughout this document, crude and condensate refers to tight oil including medium and light crude oil volumes and plant condensate. A conference call and webcast to discuss the 2020 fourth quarter and full-year results and the 2021 Outlook will be held at 9 a.m. MT on February 18, 2021. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. The Company also issued a separate release today on its enhanced compensation, governance, and environmental initiatives.To participate in the conference call, please dial 888-664-6383 (toll-free in North America) or 416-764-8650 (international) approximately 15 minutes prior to the call. The live audio webcast of the conference call, including slides, will also be available on Ovintiv's website, under Investors/Presentations and Events, and will be archived for approximately 90 days. Multi-Year Debt Reduction TargetReducing debt is Ovintiv's number one priority. The Company today set a year-end 2022 goal to reduce absolute debt to $4.5 billion, a 35% reduction from year-end 2020. This target includes $1 billion in divestment proceeds and maintaining crude and condensate production of approximately 200 Mbbls/d. The Company's previously announced leverage target of 1.5 times net-debt-to adjusted EBITDA and its long-term reinvestment framework of less than 75% of annual non-GAAP Cash Flow were reaffirmed. Sale of Duvernay AssetsThe Company through a wholly owned subsidiary, has agreed to sell its Duvernay assets for approximately $263 million including approximately $12 million in contingency payments based on future commodity prices. The agreement is subject to ordinary closing conditions, regulatory approvals and other adjustments and is expected to close in the second quarter of 2021. Duvernay production averaged approximately 10 MBOE/d (43% liquids) in the fourth quarter of 2020. Ovintiv will update its guidance once the transaction has closed. "Today's announcement of the sale of our Duvernay asset combined with our strong fourth quarter and 2021 guide clearly demonstrate our commitment to debt reduction and puts us squarely on track to achieve our $4.5 billion dollar year-end 2022 goal," said Suttles. Full Year and Fourth Quarter 2020 Financial and Operating ResultsFor 2020, the Company recorded a net loss of $6.1 billion, or ($23.47) per share of common stock, driven primarily by a non-cash ceiling test impairment of $5,580 million, before-tax, related to the decline in 12-month average trailing commodity prices which reduced SEC proved reserves (see proved reserves table within this release). Non-GAAP operating earnings were $91 million, or $0.35 per share of common stock. The Company recorded a net loss in the fourth quarter of $614 million, or ($2.36) per share of common stock. Cash from operating activities for the fourth quarter was $719 million and non-GAAP Cash Flow was $692 million. Production Summary and Asset HighlightsOvintiv's significantly higher than expected fourth quarter production was largely driven by strong well results across the portfolio. The Company's cube development approach and innovative completion designs continued to deliver industry-leading capital efficiencies. Fourth quarter crude oil and condensate volumes were 215 Mbbls/d. Fourth quarter liquids production averaged 297 Mbbls/d and total Company production was 557 MBOE/d. For the year, total production averaged 544 MBOE/d including liquids production of 289 Mbbls/d. See the "Capital Investment and Production" table below. In the fourth quarter, Ovintiv set new, record-low well costs in each of its Core 3 assets. The Company exceeded its stated goal of reducing 2020 well costs by 20% when compared to 2019 averages by delivering cost reductions of 25% or greater during the quarter. "Ovintiv has demonstrated industry-leading capital efficiencies across our portfolio," said Suttles. "The efforts of our teams to consistently find innovative ways to reduce costs have led to sustainable capital savings that will be durable even as commodity prices improve. More importantly, they never lost their focus on safety and 2020 marks our 'safest year ever' for the seventh consecutive year." PermianPermian production averaged 110 MBOE/d (81% liquids) in the fourth quarter. The Company averaged three rigs, drilled 22 net wells, and had 29 net wells turned in line (TIL). Fourth quarter drilling and completion (D&C) costs per lateral foot was $470, down more than 30% compared to 2019 average D&C cost. Full year production in the play averaged 109 MBOE/d (81% liquids). AnadarkoAnadarko production averaged 134 MBOE/d (62% liquids) in the fourth quarter. The Company averaged two rigs, drilled 11 net wells, and had 28 net wells TIL. Fourth quarter D&C costs per lateral foot was $440, down over 30% compared to 2019 average D&C cost. Full year production in the play averaged 144 MBOE/d (62% liquids). MontneyMontney production averaged 222 MBOE/d (26% liquids) in the fourth quarter. The Company averaged four rigs, drilled 22 net wells and had 28 net wells TIL. Fourth quarter D&C costs per lateral foot was $380, down approximately 25% compared to 2019 average D&C cost. Full year production in the play averaged 204 MBOE/d (25% liquids). Base AssetsThere were 23 net wells TIL in the base assets during the fourth quarter. All fourth quarter TILs were drilled in the first half of the year. Year-End 2020 ReservesUnder Canadian reserves protocol, proved and probable reserves were 4.2 billion BOE before royalties and 3.5 billion BOE after royalties. SEC proved reserves at year-end 2020 were 2.0 billion BOE, of which approximately 60% were liquids and 56% were proved developed. The significant gains in capital efficiency that the Company realized through the year resulted in an SEC total proved reserve replacement of 90% of 2020 production excluding price and net of acquisitions and divestitures. Balance Sheet and LiquidityOvintiv's total liquidity at year end was approximately $3.3 billion, which represents the Company's $4 billion committed, unsecured credit facilities, available capacity on uncommitted demand lines and cash-on-hand, net of the amount drawn on the credit facilities and commercial paper outstanding. Throughout 2020 Ovintiv took steps to capitalize on market dislocations, purchasing its notes at a discount in the open market, resulting in a $30 million gain as well as go-forward interest savings. During 2020, Ovintiv repurchased approximately $302 million in principal of its senior notes for a cash payment of approximately $272 million, plus accrued interest. The Company expects to incur lower interest expense of approximately $10 million on an annualized basis on the reduced fixed long-term debt balances. The Company has significant flexibility to manage its late 2021 and early 2022 maturities, including available cash on hand or the use of its credit facilities. More than 80% of the Company's total fixed-rate long-term debt is due in 2024 or later and has an aggregate weighted average bond maturity of approximately nine years. Refer to Note 1 Non-GAAP measures and the tables in this release for reconciliation to comparable GAAP financial measures. 2021 OutlookRegarding the Company's 2021 Outlook, Suttles said, "Our strong performance in 2020 sets us up well to deliver once again in 2021. We expect this will be our fourth consecutive year of generating significant free cash flow and we are confident in our ability to meaningfully reduce our debt over the next two years. Longer-term, our ongoing capital discipline and reinvestment rate commitment ensure that we will be able to return cash to shareholders all critical components of the 'new E&P' company." Ovintiv's 2021 planned capital investments are approximately $1.5 billion and are expected to generate non-GAAP Free Cash Flow of approximately $1 billion, assuming commodity prices of $50 WTI and $2.75 NYMEX. The capital program represents a cash flow reinvestment rate of about 60%, significantly lower than the Company's framework of less than 75%. Over 90% of total capital investment is earmarked for Ovintiv's Core 3 assetsPermian, Anadarko and Montney. The Company plans to execute a load-levelled program with consistent quarterly levels of activity and capital spending. Crude oil and condensate volumes are expected to be relatively flat through the year, averaging approximately 200 Mbbls/d. Full-year NGL (C2 C4) production is expected to be approximately 80 Mbbls/d and natural gas is expected to average approximately 1.55 billion cubic feet per day (Bcf/d). Total costs in 2021 are expected to average approximately $12.25 to $12.50 per barrel of oil equivalent (BOE). Ovintiv has strong risk management positions in place with about 65% of 2021 crude oil and condensate and natural gas production hedged. The majority of the hedges are in three-way structures that provide exposure to higher oil prices. Hedge tables can be found below. 2021 Guidance Capital Expenditures ($ million) $1,500 Oil & Condensate (Mbbls/d)(1) 200 Other NGLs (Mbbls/d) 80 Natural Gas (MMcf/d) (2) 1,550 Total Costs per BOE (3)(Upstream Transportation and Processing, Operating, Production, Mineral and Other Taxes, plus Corp G&A) $12.25 - $12.50 (1) Primarily tight oil, including minimal medium and light crude oil volumes, and approximately 25% plant condensate. (2) Primarily shale gas, including minimal conventional natural gas. (3) Operating and G&A costs exclude long-term incentive costs and CECL. Dividend declaredOn February 17, 2021, Ovintiv's Board declared a dividend of $0.09375 per share of common stock payable on March 31, 2021 to common stockholders of record as of March 15, 2021. Capital Investment and Production (for the period ended December 31) Q4 2020 Q4 2019 2020 2019 Capital Expenditures (1) ($ millions) 343 574 1,736 2,626 Oil (Mbbls/d) (2) 158.0 172.9 151.5 164.4 NGLs Plant Condensate (Mbbls/d) 56.8 52.9 52.1 52.9 NGLs Other (Mbbls/d) 82.6 96.2 85.3 84.6 Total NGLs (Mbbls/d) 139.4 149.1 137.4 137.5 Total Liquids (Mbbls/d) 297.4 322.0 288.9 301.9 Natural gas (MMcf/d) (3) 1,559 1,624 1,529 1,577 Total production (MBOE/d) 557.2 592.6 543.8 564.9 (1) Including capitalized overhead costs. (2) Primarily tight oil, including minimal medium and light crude oil volumes. (3) Primarily shale gas, including minimal conventional natural gas. Fourth Quarter and Year-End Summary Non-GAAP Cash Flow Reconciliation (for the period ended December 31) ($ millions, except as indicated) Q4 2020 Q4 2019 2020 2019 Cash from (used in) operating activities 719 730 1,895 2,921 Deduct (add back): Net change in other assets and liabilities (6) (42) (173) (97) Net change in non-cash working capital 33 (43) 139 87 Non-GAAP cash flow(1) 692 815 1,929 2,931 Non-GAAP cash flow margin(1) ($/BOE) 13.50 14.95 9.69 14.21 Non-GAAP Free Cash Flow Reconciliation Non-GAAP cash flow(1) 692 815 1,929 2,931 Less: capital expenditures 343 574 1,736 2,626 Non-GAAP free cash flow(1) 349 241 193 305 Non-GAAP Operating Earnings Reconciliation Net earnings (loss) before income tax (642) (68) (5,730) 315 Before-tax (addition) deduction: Unrealized gain (loss) on risk management (186) (345) (204) (730) Impairments (717) - (5,580) - Restructuring charges (2) (4) (90) (138) Non-operating foreign exchange gain (loss) 17 52 (16) 94 Gain (loss) on divestitures - (1) - 3 Gain on debt retirement 2 - 30 - Income tax expense (recovery) 61 20 39 226 Non-GAAP operating earnings (loss)(1) 183 210 91 860 (1) Non-GAAP cash flow, non-GAAP cash flow margin, non-GAAP free cash flow, and non-GAAP operating earnings are non-GAAP measures as defined in Note 1. Realized Pricing Summary Q4 2020 Q4 2019 2020 2019 Liquids($/bbl) WTI 42.66 56.96 39.40 57.03 Realized liquids prices (1) Oil 47.75 56.17 44.68 57.40 NGLs Plant Condensate 44.81 52.03 40.89 51.95 NGLs Other 10.94 12.90 9.41 14.04 Total NGLs 24.73 26.80 21.35 28.63 Natural gas NYMEX ($/MMBtu) 2.66 2.50 2.08 2.63 Realized natural gas price (1)($/Mcf) 2.33 2.25 2.13 2.28 (1) Prices include the impact of realized gains (losses) on risk management. Total Costs Summary (for the year ended December 31)($ millions, except as indicated) 2020 2019 Total Operating Expenses 11,484 6,128 Deduct (add back): Market optimization operating expenses 1,608 1,304 Corporate & other operating expenses (2) (3) Depreciation, depletion and amortization 1,834 2,015 Impairments 5,580 - Accretion of asset retirement obligation 29 37 Long-term incentive costs 31 35 Restructuring costs 90 138 Current expected credit losses 1 - Total Costs (1) 2,313 2,602 Divided by: Production Volumes (MMBOE) 199.0 206.2 Total Costs (1) ($/BOE) 11.60 12.59 Drivers Included in Total Costs (1) ($/BOE) Production, mineral and other taxes 0.87 1.23 Upstream transportation and processing 6.44 6.42 Upstream operating, excluding long-term incentive costs 2.88 3.35 Administrative, excluding long-term incentive costs, restructuring costs and current expected credit losses 1.41 1.59 Total Costs (1) ($/BOE) 11.60 12.59 (1) Calculated using whole dollars and volumes. Total Costs is a non-GAAP measure as defined in Note 1. Debt to Adjusted Capitalization ($ millions, except as indicated) December 31, 2020 December 31, 2019 Long-Term Debt, including current portion 6,885 6,974 Total Shareholders' Equity 3,837 9,930 Equity Adjustment for Impairments at December 31, 2011 7,746 7,746 Adjusted Capitalization 18,468 24,650 Debt to Adjusted Capitalization (1) 37% 28% (1) Debt to Adjusted Capitalization is a non-GAAP measure as defined in Note 1. Year-End 2020 Reserves Estimates 2020 Reserves Estimates Canadian Protocols (Net, After Royalties)(1) Using forecast prices and costs; simplified table (MMBOE) 1PProved 2PProved + Probable Canadian Operations 696.7 1,227.4 USA Operations 1,496.8 2,267.2 Total as of December 31, 2020 2,193.5 3,494.6 2020 Proved Reserves Estimates Canadian Protocols (Net, After Royalties)(1) Using forecast prices and costs; simplified table Oil(MMbbls)(3) NGLs(MMbbls) NaturalGas(Bcf)(4) Total(MMBOE) December 31, 2019 737.6 596.7 5,793 2,299.8 Technical Revisions (92.0) 43.3 54 (39.8) Economic Factors (23.1) (9.3) (120) (52.5) Extensions, improved recovery and discoveries 64.4 50.3 482 195.0 Acquisitions 10.8 19.5 140 53.7 Dispositions (9.4) (20.7) (201) (63.6) Production (55.4) (50.3) (560) (199.0) December 31, 2020 632.9 629.5 5,587 2,193.5 2020 Proved Plus Probable Reserves Estimates Canadian Protocols (Net, After Royalties)(1) Using forecast prices and costs; simplified table Oil(MMbbls)(3) NGLs(MMbbls) NaturalGas(Bcf)(4) Total(MMBOE) December 31, 2019 1,369.1 1,029.3 10,746 4,189.5 Technical Revisions (471.7) (164.3) (2,432) (1,041.3) Economic Factors (27.9) (4.8) (79) (45.9) Extensions, improved recovery and discoveries 210.3 144.6 1,568 616.3 Acquisitions 18.0 30.3 232 86.9 Dispositions (17.2) (38.2) (339) (111.9) Production (55.4) (50.3) (560) (199.0) December 31, 2020 1,025.3 946.6 9,137 3,494.6 2020 Proved Reserves Estimates U.S. Protocols (Net, After Royalties)(1) Using constant prices and costs; simplified table Oil(MMbbls)(3) NGLs(MMbbls) NaturalGas(Bcf)(4) Total(MMBOE) December 31, 2019 723.7 588.5 5,259 2,188.8 Revisions and improved recovery (2) (222.0) (62.2) (484) (364.9) Extensions and discoveries 144.4 105.8 764 377.5 Purchase of reserves in place 10.9 20.0 140 54.3 Sale of reserves in place (9.3) (21.4) (201) (64.1) Production (55.4) (50.3) (560) (199.0) December 31, 2020 592.3 580.5 4,918 1,992.5 1) Numbers may not add due to rounding. 2) Changes in reserve estimates resulting from economic factors, pricing and application of improved recovery techniques are included in revisions of previous estimates. 3) Primarily tight oil, including minimal medium and light crude oil volumes. 4) Primarily shale gas, including minimal conventional natural gas. Differences between estimates under Canadian and U.S. protocols primarily represent the use of forecast prices and escalating costs in the estimation of reserves under Canadian standards, while U.S. standards require the use of 12-month average historical prices which are held constant along with costs. For information on reserves reporting, see Note 2. 2021 Hedge Positions as of January 31, 2021 Oil & Condensate Hedges 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2021 WTI 3-Way Options Mbbls/d 90 74 69 69 75 Short Call ($/bbl) $50.03 $51.05 $52.65 $52.65 $51.48 Long Put ($/bbl) $40.66 $41.32 $42.53 $42.53 $41.68 Short Put ($/bbl) $32.58 $32.29 $32.82 $32.82 $32.62 WTI Swaps Mbbls/d 50 40 30 30 37 Swap Price ($/bbl) $44.49 $47.54 $46.37 $46.37 $46.06 WTI Costless Collars Mbbls/d 15 15 15 15 15 Short Call ($/bbl) $45.84 $45.84 $45.84 $45.84 $45.84 Long Put ($/bbl) $35.00 $35.00 $35.00 $35.00 $35.00 Natural Gas Hedges 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2021 NYMEX 3-Way Options MMcf/d 880 1,030 1,030 880 955 Short Call ($/Mcf) $3.55 $3.37 $3.37 $3.35 $3.41 Long Put ($/Mcf) $2.90 $2.87 $2.87 $2.88 $2.88 Short Put ($/Mcf) $2.50 $2.50 $2.50 $2.50 $2.50 NYMEX Swaps MMcf/d - - 165 165 83 Swap Price ($/Mcf) - - $2.51 $2.51 $2.51 About Ovintiv Inc.Ovintiv is one of the largest producers of oil, condensate and natural gas in North America. The Company is committed to preserving its financial strength, maximizing profitability through disciplined capital investments and operational efficiencies and returning capital to shareholders. A talented team, in combination with a culture of innovation and efficiency, fuels Ovintiv's economic performance, increases shareholder value and strengthens its commitment to sustainability in the communities where its employees live and work. NOTE 1: Non-GAAP measuresCertain measures in this news release do not have any standardized meaning as prescribed by U.S. GAAP and, therefore, are considered non-GAAP measures. These measures may not be comparable to similar measures presented by other companies and should not be viewed as a substitute for measures reported under U.S. GAAP. These measures are commonly used in the oil and gas industry and/or by Ovintiv to provide shareholders and potential investors with additional information regarding the Company's liquidity and its ability to generate funds to finance its operations. For additional information regarding non-GAAP measures, see the Company's website. This news release contains references to non-GAAP measures as follows: Non-GAAP Cash Flowis a non-GAAP measure defined as cash from (used in) operating activities excluding net change in other assets and liabilities, net change in non-cash working capital and current tax on sale of assets. Non-GAAP Cash Flow Margin is a non-GAAP measure defined as Non-GAAP Cash Flow per BOE of production. Non-GAAP Free Cash Flow is a non-GAAP measure defined as Non-GAAP Cash Flow in excess of capital expenditures, excluding net acquisitions and divestitures. Non-GAAP Operating Earnings (Loss)is a non-GAAP measure defined as net earnings (loss) excluding non-recurring or non-cash items that Management believes reduces the comparability of the Company's financial performance between periods. These items may include, but are not limited to, unrealized gains/losses on risk management, impairments, restructuring charges, non-operating foreign exchange gains/losses, gains/losses on divestitures and gains on debt retirement. Income taxes includes adjustments to normalize the effect of income taxes calculated using the estimated annual effective income tax rate. Total Costs is anon-GAAP measure which includes the summation of production, mineral and other taxes, upstream transportation and processing expense, upstream operating expense and administrative expense, excluding the impact of long-term incentive costs, restructuring costs and current expected credit losses. It is calculated as total operating expenses excluding non-upstream operating costs and non-cash items which include operating expenses from the Market Optimization and Corporate and Other segments, depreciation, depletion and amortization, impairments, accretion of asset retirement obligation, long-term incentive costs, restructuring costs and current expected credit losses. When presented on a per BOE basis, Total Costs is divided by production volumes. Management believes this measure is useful to the Company and its investors as a measure of operational efficiency across periods. Debt to Adjusted Capitalization is a non-GAAP measure which adjusts capitalization for historical ceiling test impairments that were recorded as at December 31, 2011. Management monitors Debt to Adjusted Capitalization as a proxy for the Company's financial covenant under the Credit Facilities which require debt to adjusted capitalization to be less than 60 percent. Adjusted Capitalization incudes debt, total shareholders' equity and an equity adjustment for cumulative historical ceiling test impairments recorded as at December 31, 2011 in conjunction with the Company's January 1, 2012 adoption of U.S. GAAP. Net Debt, Adjusted EBITDA and Net Debt to Adjusted EBITDA Net Debt is defined as long-term debt, including the current portion, less cash and cash equivalents. Management uses this measure as a substitute for total long-term debt in certain internal debt metrics as a measure of the company's ability to service debt obligations and as an indicator of the company's overall financial strength. Adjusted EBITDA is defined as trailing 12-month net earnings (loss) before income taxes, DD&A, impairments, accretion of asset retirement obligation, interest, unrealized gains/losses on risk management, foreign exchange gains/losses, gains/losses on divestitures and other gains/losses. Net Debt to Adjusted EBITDA is monitored by management as an indicator of the company's overall financial strength. Note 2: INFORMATION ON RESERVES REPORTING Detailed Canadian protocol disclosure will be contained in the Company's Form 51-101F1 for the year ended December 31, 2020 ("Form 51-101F1") and detailed U.S. protocol disclosure will be contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2020 ("Annual Report on Form 10-K"), each of which the Company anticipates filing with applicable securities regulatory authorities on or about February 18, 2021. A description of the primary differences between the disclosure requirements under Canadian standards and under U.S. standards will be set forth under the heading "Note Regarding Additional Reserves Information" in the Form 51101F1. ADVISORY REGARDING FORWARD-LOOKING STATEMENTS This news release contains certain forward-looking statements or information (collectively, "FLS") within the meaning of applicable securities legislation, including the United States Private Securities Litigation Reform Act of 1995. FLS include: targeted debt reduction; 2021 outlook, including with respect to expected capital investments, reinvestment rate, free cash flow, production and pricing; estimated hedging revenue and sensitivity to commodity prices; timing and size of expected asset sales; and contingent payments. FLS involve assumptions, risks and uncertainties that may cause such statements not to occur or results to differ materially. These assumptions include expectations and projections made in light of the Company's historical experience. Risks and uncertainties include: commodity price volatility and impact to the Company's stock price and cash flows; ability to secure adequate transportation and potential curtailments of refinery operations, including resulting storage constraints or widening price differentials; discretion to declare and pay dividends, if any; business interruption, property and casualty losses or unexpected technical difficulties; impact of COVID-19 to the Company's operations, including maintaining ordinary staffing levels, securing operational inputs, executing on portions of its business and cyber-security risks associated with remote work; counterparty and credit risk; impact of changes in credit rating and access to liquidity, including costs thereof; risks in marketing operations; risks associated with technology; risks associated with decommissioning activities, including timing and costs thereof; the occurrence of any event, change or other circumstances that could give rise to the inability to complete proposed asset sales; and other risks and uncertainties as described in the Company's Annual Report on Form 10-K, Quarterly Report on Form 10-Q and as described from time to time in its other periodic filings as filed on EDGAR and SEDAR. Although the Company believes such FLS are reasonable, there can be no assurance they will prove to be correct. The above assumptions, risks and uncertainties are not exhaustive. FLS are made as of the date hereof and, except as required by law, the Company undertakes no obligation to update or revise any FLS. SOLICITATION OF PROXIES Ovintiv intends to file a proxy statement and WHITE proxy card with the U.S. Securities and Exchange Commission (the "SEC") and Canadian securities regulatory authorities in connection with its solicitation of proxies for its 2021 Annual Meeting of Stockholders (the "2021 Annual Meeting"). OVINTIV STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT (AND ANY AMENDMENTS AND SUPPLEMENTS THERETO) AND ACCOMPANYING WHITE PROXY CARD WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain the proxy statement, any amendments or supplements to the proxy statement and other documents as and when filed by Ovintiv with the SEC without charge from the SEC's website at www.sec.gov and Canadian securities regulatory authorities at www.sedar.com. Certain Information Regarding ParticipantsOvintiv, its directors and certain of its executive officers may be deemed to be participants in connection with the solicitation of proxies from Ovintiv's stockholders in connection with the matters to be considered at the 2021 Annual Meeting.Information regarding the ownership of Ovintiv's directors and executive officers in Ovintiv common stock is included in their SEC filings on Forms 3, 4, and 5, which can be found through the SEC's website atwww.sec.gov. Information can also be found in Ovintiv's other SEC filings. More detailed and updated information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with the SEC. These documents can be obtained free of charge from the sources indicated above. Further information on Ovintiv Inc. is available on the Company's website, www.ovintiv.com, or by contacting: Investor contact: Media contact: (888) 525-0304 (281) 210-5253 SOURCE Ovintiv Inc.
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Ovintiv Reports Fourth Quarter and Full-Year 2020 Results, Announces Multi-Year Debt Reduction Target, Signs Agreement to Sell Duvernay and Provides Strong 2021 Outlook
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Year-end 2020 debt reduced nearly $500 million from mid-year 2020 2021 debt reduction target increased 25% to $1.25 billion including second half 2020 Multi-year debt target issued: $4.5 billion of total debt by year-end 2022 Company signs agreement to sell its Duvernay asset for $263 million Company generated significant non-GAAP Free Cash Flow for third consecutive year Strong well performance and realized prices combined with lower cash costs drive cash flow beat with lower-than-expected capital investments 2021 capital investment plan of $1.5 billion expected to generate ~$1 billion of non-GAAP Free Cash Flow DENVER, Feb. 17, 2021 /PRNewswire/ -Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced its fourth quarter and full-year 2020 financial and operating results, announced an agreement to sell its Duvernay assets, disclosed its year-end 2020 proved reserves and provided a strong 2021 Outlook. In addition, the Company issued a new target of reducing total debt to $4.5 billion by year-end 2022. A conference call and webcast will be held at 9 a.m. MT, Thursday, February 18, 2021 (details within). Highlights: Fourth quarter and full-year financial and operating results exceeded targets and consensus expectations. Full-year cash from operating activities was approximately $1.9 billion, equal to non-GAAP Cash Flow; 2020 non-GAAP Free Cash Flow was $193 million (inclusive of $90 million of one-time restructuring costs), with strong fourth quarter momentum of nearly $350 million in non-GAAP Free Cash Flow. Reduced total long-term debt, including current portion, by $257 million in the fourth quarter, representing a $481 million reduction since mid-year 2020. Delivered strong well performance, driving fourth quarter crude and condensate(1) production of 215 thousand barrels per day (Mbbls/d), above guidance of 200 Mbbls/d; Fourth quarter total production averaged 557 thousand barrels of oil equivalent per day (MBOE/d). Full-year 2020 production averaged 544 MBOE/d. Maintained disciplined capital investments with full year spending of $1.74 billion, well under the $1.8 billion guide. Further capital efficiency gains achieved with fourth quarter average completed well costs at least 25% lower than full-year 2019 averages; new pacesetter well costs attained in each of the three core plays. Achieved seventh consecutive "safest-year-ever". Flared and vented natural gas volumes in the fourth quarter of 2020 accounted for less than 0.5% of total natural gas production, down significantly from 1.2% in 2019. Reached an agreement to sell its Duvernay assets for $263 million including $12 million of contingent payments. Established total debt target of $4.5 billion by year-end 2022, a 35% reduction when compared to year-end 2020, inclusive of $1 billion in divestment proceeds. Ovintiv CEO Doug Suttles said, "We achieved outstanding financial, operating and environmental results in 2020. Through this combination, we 'beat our beat' in the fourth quarter with lower capital investments and very strong cash flows. The strengths of our company - a high-quality portfolio, industry-leading efficiencies, sophisticated risk management and a culture of innovation - were crucial to our success during a challenging time for the industry. For the third consecutive year, we delivered meaningful free cash flow, and we estimate $1 billion in free cash flow in 2021. We've made significant progress on debt reduction and today increased our year-end 2021 debt reduction target by 25% to $1.25 billion and set a year-end 2022 total debt target of $4.5 billion. The critical intersection of financial and operating results with environmental progress was evident through our industry-leading total flare and vent volumes of less than half-of-one percent in the fourth quarter." 1. Throughout this document, crude and condensate refers to tight oil including medium and light crude oil volumes and plant condensate. A conference call and webcast to discuss the 2020 fourth quarter and full-year results and the 2021 Outlook will be held at 9 a.m. MT on February 18, 2021. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. The Company also issued a separate release today on its enhanced compensation, governance, and environmental initiatives.To participate in the conference call, please dial 888-664-6383 (toll-free in North America) or 416-764-8650 (international) approximately 15 minutes prior to the call. The live audio webcast of the conference call, including slides, will also be available on Ovintiv's website, under Investors/Presentations and Events, and will be archived for approximately 90 days. Multi-Year Debt Reduction TargetReducing debt is Ovintiv's number one priority. The Company today set a year-end 2022 goal to reduce absolute debt to $4.5 billion, a 35% reduction from year-end 2020. This target includes $1 billion in divestment proceeds and maintaining crude and condensate production of approximately 200 Mbbls/d. The Company's previously announced leverage target of 1.5 times net-debt-to adjusted EBITDA and its long-term reinvestment framework of less than 75% of annual non-GAAP Cash Flow were reaffirmed. Sale of Duvernay AssetsThe Company through a wholly owned subsidiary, has agreed to sell its Duvernay assets for approximately $263 million including approximately $12 million in contingency payments based on future commodity prices. The agreement is subject to ordinary closing conditions, regulatory approvals and other adjustments and is expected to close in the second quarter of 2021. Duvernay production averaged approximately 10 MBOE/d (43% liquids) in the fourth quarter of 2020. Ovintiv will update its guidance once the transaction has closed. "Today's announcement of the sale of our Duvernay asset combined with our strong fourth quarter and 2021 guide clearly demonstrate our commitment to debt reduction and puts us squarely on track to achieve our $4.5 billion dollar year-end 2022 goal," said Suttles. Full Year and Fourth Quarter 2020 Financial and Operating ResultsFor 2020, the Company recorded a net loss of $6.1 billion, or ($23.47) per share of common stock, driven primarily by a non-cash ceiling test impairment of $5,580 million, before-tax, related to the decline in 12-month average trailing commodity prices which reduced SEC proved reserves (see proved reserves table within this release). Non-GAAP operating earnings were $91 million, or $0.35 per share of common stock. The Company recorded a net loss in the fourth quarter of $614 million, or ($2.36) per share of common stock. Cash from operating activities for the fourth quarter was $719 million and non-GAAP Cash Flow was $692 million. Production Summary and Asset HighlightsOvintiv's significantly higher than expected fourth quarter production was largely driven by strong well results across the portfolio. The Company's cube development approach and innovative completion designs continued to deliver industry-leading capital efficiencies. Fourth quarter crude oil and condensate volumes were 215 Mbbls/d. Fourth quarter liquids production averaged 297 Mbbls/d and total Company production was 557 MBOE/d. For the year, total production averaged 544 MBOE/d including liquids production of 289 Mbbls/d. See the "Capital Investment and Production" table below. In the fourth quarter, Ovintiv set new, record-low well costs in each of its Core 3 assets. The Company exceeded its stated goal of reducing 2020 well costs by 20% when compared to 2019 averages by delivering cost reductions of 25% or greater during the quarter. "Ovintiv has demonstrated industry-leading capital efficiencies across our portfolio," said Suttles. "The efforts of our teams to consistently find innovative ways to reduce costs have led to sustainable capital savings that will be durable even as commodity prices improve. More importantly, they never lost their focus on safety and 2020 marks our 'safest year ever' for the seventh consecutive year." PermianPermian production averaged 110 MBOE/d (81% liquids) in the fourth quarter. The Company averaged three rigs, drilled 22 net wells, and had 29 net wells turned in line (TIL). Fourth quarter drilling and completion (D&C) costs per lateral foot was $470, down more than 30% compared to 2019 average D&C cost. Full year production in the play averaged 109 MBOE/d (81% liquids). AnadarkoAnadarko production averaged 134 MBOE/d (62% liquids) in the fourth quarter. The Company averaged two rigs, drilled 11 net wells, and had 28 net wells TIL. Fourth quarter D&C costs per lateral foot was $440, down over 30% compared to 2019 average D&C cost. Full year production in the play averaged 144 MBOE/d (62% liquids). MontneyMontney production averaged 222 MBOE/d (26% liquids) in the fourth quarter. The Company averaged four rigs, drilled 22 net wells and had 28 net wells TIL. Fourth quarter D&C costs per lateral foot was $380, down approximately 25% compared to 2019 average D&C cost. Full year production in the play averaged 204 MBOE/d (25% liquids). Base AssetsThere were 23 net wells TIL in the base assets during the fourth quarter. All fourth quarter TILs were drilled in the first half of the year. Year-End 2020 ReservesUnder Canadian reserves protocol, proved and probable reserves were 4.2 billion BOE before royalties and 3.5 billion BOE after royalties. SEC proved reserves at year-end 2020 were 2.0 billion BOE, of which approximately 60% were liquids and 56% were proved developed. The significant gains in capital efficiency that the Company realized through the year resulted in an SEC total proved reserve replacement of 90% of 2020 production excluding price and net of acquisitions and divestitures. Balance Sheet and LiquidityOvintiv's total liquidity at year end was approximately $3.3 billion, which represents the Company's $4 billion committed, unsecured credit facilities, available capacity on uncommitted demand lines and cash-on-hand, net of the amount drawn on the credit facilities and commercial paper outstanding. Throughout 2020 Ovintiv took steps to capitalize on market dislocations, purchasing its notes at a discount in the open market, resulting in a $30 million gain as well as go-forward interest savings. During 2020, Ovintiv repurchased approximately $302 million in principal of its senior notes for a cash payment of approximately $272 million, plus accrued interest. The Company expects to incur lower interest expense of approximately $10 million on an annualized basis on the reduced fixed long-term debt balances. The Company has significant flexibility to manage its late 2021 and early 2022 maturities, including available cash on hand or the use of its credit facilities. More than 80% of the Company's total fixed-rate long-term debt is due in 2024 or later and has an aggregate weighted average bond maturity of approximately nine years. Refer to Note 1 Non-GAAP measures and the tables in this release for reconciliation to comparable GAAP financial measures. 2021 OutlookRegarding the Company's 2021 Outlook, Suttles said, "Our strong performance in 2020 sets us up well to deliver once again in 2021. We expect this will be our fourth consecutive year of generating significant free cash flow and we are confident in our ability to meaningfully reduce our debt over the next two years. Longer-term, our ongoing capital discipline and reinvestment rate commitment ensure that we will be able to return cash to shareholders all critical components of the 'new E&P' company." Ovintiv's 2021 planned capital investments are approximately $1.5 billion and are expected to generate non-GAAP Free Cash Flow of approximately $1 billion, assuming commodity prices of $50 WTI and $2.75 NYMEX. The capital program represents a cash flow reinvestment rate of about 60%, significantly lower than the Company's framework of less than 75%. Over 90% of total capital investment is earmarked for Ovintiv's Core 3 assetsPermian, Anadarko and Montney. The Company plans to execute a load-levelled program with consistent quarterly levels of activity and capital spending. Crude oil and condensate volumes are expected to be relatively flat through the year, averaging approximately 200 Mbbls/d. Full-year NGL (C2 C4) production is expected to be approximately 80 Mbbls/d and natural gas is expected to average approximately 1.55 billion cubic feet per day (Bcf/d). Total costs in 2021 are expected to average approximately $12.25 to $12.50 per barrel of oil equivalent (BOE). Ovintiv has strong risk management positions in place with about 65% of 2021 crude oil and condensate and natural gas production hedged. The majority of the hedges are in three-way structures that provide exposure to higher oil prices. Hedge tables can be found below. 2021 Guidance Capital Expenditures ($ million) $1,500 Oil & Condensate (Mbbls/d)(1) 200 Other NGLs (Mbbls/d) 80 Natural Gas (MMcf/d) (2) 1,550 Total Costs per BOE (3)(Upstream Transportation and Processing, Operating, Production, Mineral and Other Taxes, plus Corp G&A) $12.25 - $12.50 (1) Primarily tight oil, including minimal medium and light crude oil volumes, and approximately 25% plant condensate. (2) Primarily shale gas, including minimal conventional natural gas. (3) Operating and G&A costs exclude long-term incentive costs and CECL. Dividend declaredOn February 17, 2021, Ovintiv's Board declared a dividend of $0.09375 per share of common stock payable on March 31, 2021 to common stockholders of record as of March 15, 2021. Capital Investment and Production (for the period ended December 31) Q4 2020 Q4 2019 2020 2019 Capital Expenditures (1) ($ millions) 343 574 1,736 2,626 Oil (Mbbls/d) (2) 158.0 172.9 151.5 164.4 NGLs Plant Condensate (Mbbls/d) 56.8 52.9 52.1 52.9 NGLs Other (Mbbls/d) 82.6 96.2 85.3 84.6 Total NGLs (Mbbls/d) 139.4 149.1 137.4 137.5 Total Liquids (Mbbls/d) 297.4 322.0 288.9 301.9 Natural gas (MMcf/d) (3) 1,559 1,624 1,529 1,577 Total production (MBOE/d) 557.2 592.6 543.8 564.9 (1) Including capitalized overhead costs. (2) Primarily tight oil, including minimal medium and light crude oil volumes. (3) Primarily shale gas, including minimal conventional natural gas. Fourth Quarter and Year-End Summary Non-GAAP Cash Flow Reconciliation (for the period ended December 31) ($ millions, except as indicated) Q4 2020 Q4 2019 2020 2019 Cash from (used in) operating activities 719 730 1,895 2,921 Deduct (add back): Net change in other assets and liabilities (6) (42) (173) (97) Net change in non-cash working capital 33 (43) 139 87 Non-GAAP cash flow(1) 692 815 1,929 2,931 Non-GAAP cash flow margin(1) ($/BOE) 13.50 14.95 9.69 14.21 Non-GAAP Free Cash Flow Reconciliation Non-GAAP cash flow(1) 692 815 1,929 2,931 Less: capital expenditures 343 574 1,736 2,626 Non-GAAP free cash flow(1) 349 241 193 305 Non-GAAP Operating Earnings Reconciliation Net earnings (loss) before income tax (642) (68) (5,730) 315 Before-tax (addition) deduction: Unrealized gain (loss) on risk management (186) (345) (204) (730) Impairments (717) - (5,580) - Restructuring charges (2) (4) (90) (138) Non-operating foreign exchange gain (loss) 17 52 (16) 94 Gain (loss) on divestitures - (1) - 3 Gain on debt retirement 2 - 30 - Income tax expense (recovery) 61 20 39 226 Non-GAAP operating earnings (loss)(1) 183 210 91 860 (1) Non-GAAP cash flow, non-GAAP cash flow margin, non-GAAP free cash flow, and non-GAAP operating earnings are non-GAAP measures as defined in Note 1. Realized Pricing Summary Q4 2020 Q4 2019 2020 2019 Liquids($/bbl) WTI 42.66 56.96 39.40 57.03 Realized liquids prices (1) Oil 47.75 56.17 44.68 57.40 NGLs Plant Condensate 44.81 52.03 40.89 51.95 NGLs Other 10.94 12.90 9.41 14.04 Total NGLs 24.73 26.80 21.35 28.63 Natural gas NYMEX ($/MMBtu) 2.66 2.50 2.08 2.63 Realized natural gas price (1)($/Mcf) 2.33 2.25 2.13 2.28 (1) Prices include the impact of realized gains (losses) on risk management. Total Costs Summary (for the year ended December 31)($ millions, except as indicated) 2020 2019 Total Operating Expenses 11,484 6,128 Deduct (add back): Market optimization operating expenses 1,608 1,304 Corporate & other operating expenses (2) (3) Depreciation, depletion and amortization 1,834 2,015 Impairments 5,580 - Accretion of asset retirement obligation 29 37 Long-term incentive costs 31 35 Restructuring costs 90 138 Current expected credit losses 1 - Total Costs (1) 2,313 2,602 Divided by: Production Volumes (MMBOE) 199.0 206.2 Total Costs (1) ($/BOE) 11.60 12.59 Drivers Included in Total Costs (1) ($/BOE) Production, mineral and other taxes 0.87 1.23 Upstream transportation and processing 6.44 6.42 Upstream operating, excluding long-term incentive costs 2.88 3.35 Administrative, excluding long-term incentive costs, restructuring costs and current expected credit losses 1.41 1.59 Total Costs (1) ($/BOE) 11.60 12.59 (1) Calculated using whole dollars and volumes. Total Costs is a non-GAAP measure as defined in Note 1. Debt to Adjusted Capitalization ($ millions, except as indicated) December 31, 2020 December 31, 2019 Long-Term Debt, including current portion 6,885 6,974 Total Shareholders' Equity 3,837 9,930 Equity Adjustment for Impairments at December 31, 2011 7,746 7,746 Adjusted Capitalization 18,468 24,650 Debt to Adjusted Capitalization (1) 37% 28% (1) Debt to Adjusted Capitalization is a non-GAAP measure as defined in Note 1. Year-End 2020 Reserves Estimates 2020 Reserves Estimates Canadian Protocols (Net, After Royalties)(1) Using forecast prices and costs; simplified table (MMBOE) 1PProved 2PProved + Probable Canadian Operations 696.7 1,227.4 USA Operations 1,496.8 2,267.2 Total as of December 31, 2020 2,193.5 3,494.6 2020 Proved Reserves Estimates Canadian Protocols (Net, After Royalties)(1) Using forecast prices and costs; simplified table Oil(MMbbls)(3) NGLs(MMbbls) NaturalGas(Bcf)(4) Total(MMBOE) December 31, 2019 737.6 596.7 5,793 2,299.8 Technical Revisions (92.0) 43.3 54 (39.8) Economic Factors (23.1) (9.3) (120) (52.5) Extensions, improved recovery and discoveries 64.4 50.3 482 195.0 Acquisitions 10.8 19.5 140 53.7 Dispositions (9.4) (20.7) (201) (63.6) Production (55.4) (50.3) (560) (199.0) December 31, 2020 632.9 629.5 5,587 2,193.5 2020 Proved Plus Probable Reserves Estimates Canadian Protocols (Net, After Royalties)(1) Using forecast prices and costs; simplified table Oil(MMbbls)(3) NGLs(MMbbls) NaturalGas(Bcf)(4) Total(MMBOE) December 31, 2019 1,369.1 1,029.3 10,746 4,189.5 Technical Revisions (471.7) (164.3) (2,432) (1,041.3) Economic Factors (27.9) (4.8) (79) (45.9) Extensions, improved recovery and discoveries 210.3 144.6 1,568 616.3 Acquisitions 18.0 30.3 232 86.9 Dispositions (17.2) (38.2) (339) (111.9) Production (55.4) (50.3) (560) (199.0) December 31, 2020 1,025.3 946.6 9,137 3,494.6 2020 Proved Reserves Estimates U.S. Protocols (Net, After Royalties)(1) Using constant prices and costs; simplified table Oil(MMbbls)(3) NGLs(MMbbls) NaturalGas(Bcf)(4) Total(MMBOE) December 31, 2019 723.7 588.5 5,259 2,188.8 Revisions and improved recovery (2) (222.0) (62.2) (484) (364.9) Extensions and discoveries 144.4 105.8 764 377.5 Purchase of reserves in place 10.9 20.0 140 54.3 Sale of reserves in place (9.3) (21.4) (201) (64.1) Production (55.4) (50.3) (560) (199.0) December 31, 2020 592.3 580.5 4,918 1,992.5 1) Numbers may not add due to rounding. 2) Changes in reserve estimates resulting from economic factors, pricing and application of improved recovery techniques are included in revisions of previous estimates. 3) Primarily tight oil, including minimal medium and light crude oil volumes. 4) Primarily shale gas, including minimal conventional natural gas. Differences between estimates under Canadian and U.S. protocols primarily represent the use of forecast prices and escalating costs in the estimation of reserves under Canadian standards, while U.S. standards require the use of 12-month average historical prices which are held constant along with costs. For information on reserves reporting, see Note 2. 2021 Hedge Positions as of January 31, 2021 Oil & Condensate Hedges 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2021 WTI 3-Way Options Mbbls/d 90 74 69 69 75 Short Call ($/bbl) $50.03 $51.05 $52.65 $52.65 $51.48 Long Put ($/bbl) $40.66 $41.32 $42.53 $42.53 $41.68 Short Put ($/bbl) $32.58 $32.29 $32.82 $32.82 $32.62 WTI Swaps Mbbls/d 50 40 30 30 37 Swap Price ($/bbl) $44.49 $47.54 $46.37 $46.37 $46.06 WTI Costless Collars Mbbls/d 15 15 15 15 15 Short Call ($/bbl) $45.84 $45.84 $45.84 $45.84 $45.84 Long Put ($/bbl) $35.00 $35.00 $35.00 $35.00 $35.00 Natural Gas Hedges 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2021 NYMEX 3-Way Options MMcf/d 880 1,030 1,030 880 955 Short Call ($/Mcf) $3.55 $3.37 $3.37 $3.35 $3.41 Long Put ($/Mcf) $2.90 $2.87 $2.87 $2.88 $2.88 Short Put ($/Mcf) $2.50 $2.50 $2.50 $2.50 $2.50 NYMEX Swaps MMcf/d - - 165 165 83 Swap Price ($/Mcf) - - $2.51 $2.51 $2.51 About Ovintiv Inc.Ovintiv is one of the largest producers of oil, condensate and natural gas in North America. The Company is committed to preserving its financial strength, maximizing profitability through disciplined capital investments and operational efficiencies and returning capital to shareholders. A talented team, in combination with a culture of innovation and efficiency, fuels Ovintiv's economic performance, increases shareholder value and strengthens its commitment to sustainability in the communities where its employees live and work. NOTE 1: Non-GAAP measuresCertain measures in this news release do not have any standardized meaning as prescribed by U.S. GAAP and, therefore, are considered non-GAAP measures. These measures may not be comparable to similar measures presented by other companies and should not be viewed as a substitute for measures reported under U.S. GAAP. These measures are commonly used in the oil and gas industry and/or by Ovintiv to provide shareholders and potential investors with additional information regarding the Company's liquidity and its ability to generate funds to finance its operations. For additional information regarding non-GAAP measures, see the Company's website. This news release contains references to non-GAAP measures as follows: Non-GAAP Cash Flowis a non-GAAP measure defined as cash from (used in) operating activities excluding net change in other assets and liabilities, net change in non-cash working capital and current tax on sale of assets. Non-GAAP Cash Flow Margin is a non-GAAP measure defined as Non-GAAP Cash Flow per BOE of production. Non-GAAP Free Cash Flow is a non-GAAP measure defined as Non-GAAP Cash Flow in excess of capital expenditures, excluding net acquisitions and divestitures. Non-GAAP Operating Earnings (Loss)is a non-GAAP measure defined as net earnings (loss) excluding non-recurring or non-cash items that Management believes reduces the comparability of the Company's financial performance between periods. These items may include, but are not limited to, unrealized gains/losses on risk management, impairments, restructuring charges, non-operating foreign exchange gains/losses, gains/losses on divestitures and gains on debt retirement. Income taxes includes adjustments to normalize the effect of income taxes calculated using the estimated annual effective income tax rate. Total Costs is anon-GAAP measure which includes the summation of production, mineral and other taxes, upstream transportation and processing expense, upstream operating expense and administrative expense, excluding the impact of long-term incentive costs, restructuring costs and current expected credit losses. It is calculated as total operating expenses excluding non-upstream operating costs and non-cash items which include operating expenses from the Market Optimization and Corporate and Other segments, depreciation, depletion and amortization, impairments, accretion of asset retirement obligation, long-term incentive costs, restructuring costs and current expected credit losses. When presented on a per BOE basis, Total Costs is divided by production volumes. Management believes this measure is useful to the Company and its investors as a measure of operational efficiency across periods. Debt to Adjusted Capitalization is a non-GAAP measure which adjusts capitalization for historical ceiling test impairments that were recorded as at December 31, 2011. Management monitors Debt to Adjusted Capitalization as a proxy for the Company's financial covenant under the Credit Facilities which require debt to adjusted capitalization to be less than 60 percent. Adjusted Capitalization incudes debt, total shareholders' equity and an equity adjustment for cumulative historical ceiling test impairments recorded as at December 31, 2011 in conjunction with the Company's January 1, 2012 adoption of U.S. GAAP. Net Debt, Adjusted EBITDA and Net Debt to Adjusted EBITDA Net Debt is defined as long-term debt, including the current portion, less cash and cash equivalents. Management uses this measure as a substitute for total long-term debt in certain internal debt metrics as a measure of the company's ability to service debt obligations and as an indicator of the company's overall financial strength. Adjusted EBITDA is defined as trailing 12-month net earnings (loss) before income taxes, DD&A, impairments, accretion of asset retirement obligation, interest, unrealized gains/losses on risk management, foreign exchange gains/losses, gains/losses on divestitures and other gains/losses. Net Debt to Adjusted EBITDA is monitored by management as an indicator of the company's overall financial strength. Note 2: INFORMATION ON RESERVES REPORTING Detailed Canadian protocol disclosure will be contained in the Company's Form 51-101F1 for the year ended December 31, 2020 ("Form 51-101F1") and detailed U.S. protocol disclosure will be contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2020 ("Annual Report on Form 10-K"), each of which the Company anticipates filing with applicable securities regulatory authorities on or about February 18, 2021. A description of the primary differences between the disclosure requirements under Canadian standards and under U.S. standards will be set forth under the heading "Note Regarding Additional Reserves Information" in the Form 51101F1. ADVISORY REGARDING FORWARD-LOOKING STATEMENTS This news release contains certain forward-looking statements or information (collectively, "FLS") within the meaning of applicable securities legislation, including the United States Private Securities Litigation Reform Act of 1995. FLS include: targeted debt reduction; 2021 outlook, including with respect to expected capital investments, reinvestment rate, free cash flow, production and pricing; estimated hedging revenue and sensitivity to commodity prices; timing and size of expected asset sales; and contingent payments. FLS involve assumptions, risks and uncertainties that may cause such statements not to occur or results to differ materially. These assumptions include expectations and projections made in light of the Company's historical experience. Risks and uncertainties include: commodity price volatility and impact to the Company's stock price and cash flows; ability to secure adequate transportation and potential curtailments of refinery operations, including resulting storage constraints or widening price differentials; discretion to declare and pay dividends, if any; business interruption, property and casualty losses or unexpected technical difficulties; impact of COVID-19 to the Company's operations, including maintaining ordinary staffing levels, securing operational inputs, executing on portions of its business and cyber-security risks associated with remote work; counterparty and credit risk; impact of changes in credit rating and access to liquidity, including costs thereof; risks in marketing operations; risks associated with technology; risks associated with decommissioning activities, including timing and costs thereof; the occurrence of any event, change or other circumstances that could give rise to the inability to complete proposed asset sales; and other risks and uncertainties as described in the Company's Annual Report on Form 10-K, Quarterly Report on Form 10-Q and as described from time to time in its other periodic filings as filed on EDGAR and SEDAR. Although the Company believes such FLS are reasonable, there can be no assurance they will prove to be correct. The above assumptions, risks and uncertainties are not exhaustive. FLS are made as of the date hereof and, except as required by law, the Company undertakes no obligation to update or revise any FLS. SOLICITATION OF PROXIES Ovintiv intends to file a proxy statement and WHITE proxy card with the U.S. Securities and Exchange Commission (the "SEC") and Canadian securities regulatory authorities in connection with its solicitation of proxies for its 2021 Annual Meeting of Stockholders (the "2021 Annual Meeting"). OVINTIV STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT (AND ANY AMENDMENTS AND SUPPLEMENTS THERETO) AND ACCOMPANYING WHITE PROXY CARD WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain the proxy statement, any amendments or supplements to the proxy statement and other documents as and when filed by Ovintiv with the SEC without charge from the SEC's website at www.sec.gov and Canadian securities regulatory authorities at www.sedar.com. Certain Information Regarding ParticipantsOvintiv, its directors and certain of its executive officers may be deemed to be participants in connection with the solicitation of proxies from Ovintiv's stockholders in connection with the matters to be considered at the 2021 Annual Meeting.Information regarding the ownership of Ovintiv's directors and executive officers in Ovintiv common stock is included in their SEC filings on Forms 3, 4, and 5, which can be found through the SEC's website atwww.sec.gov. Information can also be found in Ovintiv's other SEC filings. More detailed and updated information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with the SEC. These documents can be obtained free of charge from the sources indicated above. Further information on Ovintiv Inc. is available on the Company's website, www.ovintiv.com, or by contacting: Investor contact: Media contact: (888) 525-0304 (281) 210-5253 SOURCE Ovintiv Inc.
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edtsum4603
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LOS GATOS, California, Jan. 28, 2021 /PRNewswire/ -- Kyvos Insights, a leading cloud and big data analytics company, announced that MicroStrategy has built and launched a new Kyvos gateway connector with its latest version MicroStrategy 2021. This connector comes as the next step in Kyvos and MicroStrategy's partnership to help enterprises make the most out of their data and achieve instant business insights. Kyvos creates a BI acceleration layer directly on modern data platforms, allowing users to achieve instant, interactive, multi-dimensional analytics on data at massive scale on their MicroStrategy interface. The Kyvos named connector will make it easy for end-users to connect and explore all their data using MicroStrategy dossiers, documents, and reports. It strengthens the integration between the two platforms, making it easier for enterprise users to analyze massive data volumes on modern data platforms. Ajay Anand, Chief Product Officer at Kyvos Insights, stated, "MicroStrategy is a strategic partner for Kyvos, and together we're helping our customers to become truly data-driven with business intelligence at their fingertips. This connector is an excellent addition to our platforms' joint capabilities for delivering sub-second responses on billions of data rows." Kyvos Insights is also a Platinum Sponsor at MicroStrategy World 2021, the first virtual global conference by MicroStrategy scheduled for February 3-4 for BI enthusiasts across the world. They'll also be hosting a session on "Supercharging MicroStrategy on Billions of Rows with Kyvos Smart OLAP," on February 3, 2020, at 12 PM EST. The session will showcase how businesses can deliver faster insights from ever-increasing amounts of data using MicroStrategy on Kyvos. About Kyvos Insights Kyvos is world's fastest BI acceleration platform that delivers instant insights on data at massive scale, both on the cloud and on-premise data lakes. Our breakthrough Smart OLAP technology revolutionizes analytics by enabling users to visualize, explore, and analyze trillions of rows of data with sub-second response times. With the mission to transform businesses through innovations in analytics, we continuously deliver solutions that let organizations take full advantage of modern data platforms. Headquartered in Los Gatos, California, Kyvos Insights was formed by a team of veterans from Yahoo!, Impetus and Intellicus Technologies. For more information, visit us at www.kyvosinsights.com or connect with us on Twitterand LinkedIn. Media Contact: Brahmajeet Desai Director Marketing [emailprotected] SOURCE Kyvos Insights
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MicroStrategy Launches Kyvos Connector for Massively Accelerated Analytics MicroStrategy introduces a new gateway connector for Kyvos BI acceleration platform to help enterprises deal with their growing data workloads
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LOS GATOS, California, Jan. 28, 2021 /PRNewswire/ -- Kyvos Insights, a leading cloud and big data analytics company, announced that MicroStrategy has built and launched a new Kyvos gateway connector with its latest version MicroStrategy 2021. This connector comes as the next step in Kyvos and MicroStrategy's partnership to help enterprises make the most out of their data and achieve instant business insights. Kyvos creates a BI acceleration layer directly on modern data platforms, allowing users to achieve instant, interactive, multi-dimensional analytics on data at massive scale on their MicroStrategy interface. The Kyvos named connector will make it easy for end-users to connect and explore all their data using MicroStrategy dossiers, documents, and reports. It strengthens the integration between the two platforms, making it easier for enterprise users to analyze massive data volumes on modern data platforms. Ajay Anand, Chief Product Officer at Kyvos Insights, stated, "MicroStrategy is a strategic partner for Kyvos, and together we're helping our customers to become truly data-driven with business intelligence at their fingertips. This connector is an excellent addition to our platforms' joint capabilities for delivering sub-second responses on billions of data rows." Kyvos Insights is also a Platinum Sponsor at MicroStrategy World 2021, the first virtual global conference by MicroStrategy scheduled for February 3-4 for BI enthusiasts across the world. They'll also be hosting a session on "Supercharging MicroStrategy on Billions of Rows with Kyvos Smart OLAP," on February 3, 2020, at 12 PM EST. The session will showcase how businesses can deliver faster insights from ever-increasing amounts of data using MicroStrategy on Kyvos. About Kyvos Insights Kyvos is world's fastest BI acceleration platform that delivers instant insights on data at massive scale, both on the cloud and on-premise data lakes. Our breakthrough Smart OLAP technology revolutionizes analytics by enabling users to visualize, explore, and analyze trillions of rows of data with sub-second response times. With the mission to transform businesses through innovations in analytics, we continuously deliver solutions that let organizations take full advantage of modern data platforms. Headquartered in Los Gatos, California, Kyvos Insights was formed by a team of veterans from Yahoo!, Impetus and Intellicus Technologies. For more information, visit us at www.kyvosinsights.com or connect with us on Twitterand LinkedIn. Media Contact: Brahmajeet Desai Director Marketing [emailprotected] SOURCE Kyvos Insights
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edtsum4609
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ESSEX, Mass., Aug. 26, 2020 /PRNewswire/ -- Award-winning specialty food producer, Lark Fine Foods, is pleased to announce the receipt of top honors in two categories from the 47th ANNUAL SPECIALTY FOODS AWARDS COMPETITION (sofiTM) sponsored by the SPECIALTY FOOD ASSOCIATION (SFA). With more than 1800 entries, the magnitude of winning such recognition is a true testament to the quality of Lark's premium cookies and crackers. In the category of Crackers & Crispbreads, Lark's TUSCAN PIZZETTA SAVORY BISCUIT received the first-place award of sofiTMGold. The Tuscan Pizzetta is one of three unique sweet and savory crackers to join Lark's award-winning Olive Scourtin, creating a new SAVORY BISCUIT product line. Additionally, Lark's seasonal RUSSIAN TEA CAKE, a nutty, buttery cookie rolled in confectioners' sugar, won sofiTMSilver in the category of Cookies and Snack Bars. "We're honored to receive these prestigious awards," stated Brooke Carroll, Lark CEO. "To have the Tuscan Pizzetta so enthusiastically embraced by the marketplace since its 2019 debut, and now awarded sofiTMGold is very gratifying. It's exciting to have winners in two categories for the first time. The Russian Tea Cake has always been a favorite, and our new Tuscan Pizzetta is proving to be equally beloved. We are grateful to the SFA for recognizing the premium quality of our hand- crafted cookies and savory biscuits." Lark Fine Foods has received eight prior sofiTMAwards from the Specialty Food Association over the past 10 years. Lark's deliciously different selection of award-winning butter shortbread cookies and biscuits are part of the Cookies for Grown-Upsfamily of products. To learn more, please visit https://www.specialtyfood.com/awards/sofi/winners/ About Lark Fine Foods Lark Fine Foods is a 100% women-owned and operated specialty foods company located 30 miles north of Boston in historic Essex, Massachusetts. Since 2008, Lark has offered a distinctive line of baked goods and elevated gift box arrangements inspired by "grown-up" consumers with sophisticated tastes where every bite excites the senses with innovative flavor combinations that are sometimes unexpected, but always delicious! Using only premium, natural ingredients, Lark's team of talented bakers are committed to making the most innovative, upscale, specialty food items available for today's consumer. Aromatic herbs, savory spices, and hand-crafted confections are just a few of the distinctive ingredients featured in these DELICIOUSLY DIFFERENT treats. Dedication to quality is uncompromising and goes beyond ingredient selection. A hands-on approach extends to all aspects of our business. With great care, all Lark products are baked, packed and shipped daily from their dedicated boutique baking facility. For more information visit: https://larkfinefoods.com/ About the Specialty Food Association Hailed as the highest honor in the specialty food space, the sofiTMAward has been honoring creativity and great taste in the industry since 1952. This not-for-profit trade association provides its 3,500+ worldwide members with tools, knowledge and connections to help champion and nurture their companies in a dynamic and evolving marketplace. The Association (formerly the National Association for the Specialty Food Trade, Inc.) owns and produces the Winter and Summer Fancy Food Shows and sponsors the sofiTMAwards honoring excellence in specialty food. For more information, please visit: https://www.specialtyfood.com SOURCE Lark Fine Foods
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Specialty Food Producer, Lark Fine Foods, Wins 2020 Gold and Silver sofi Awards in Two Categories
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ESSEX, Mass., Aug. 26, 2020 /PRNewswire/ -- Award-winning specialty food producer, Lark Fine Foods, is pleased to announce the receipt of top honors in two categories from the 47th ANNUAL SPECIALTY FOODS AWARDS COMPETITION (sofiTM) sponsored by the SPECIALTY FOOD ASSOCIATION (SFA). With more than 1800 entries, the magnitude of winning such recognition is a true testament to the quality of Lark's premium cookies and crackers. In the category of Crackers & Crispbreads, Lark's TUSCAN PIZZETTA SAVORY BISCUIT received the first-place award of sofiTMGold. The Tuscan Pizzetta is one of three unique sweet and savory crackers to join Lark's award-winning Olive Scourtin, creating a new SAVORY BISCUIT product line. Additionally, Lark's seasonal RUSSIAN TEA CAKE, a nutty, buttery cookie rolled in confectioners' sugar, won sofiTMSilver in the category of Cookies and Snack Bars. "We're honored to receive these prestigious awards," stated Brooke Carroll, Lark CEO. "To have the Tuscan Pizzetta so enthusiastically embraced by the marketplace since its 2019 debut, and now awarded sofiTMGold is very gratifying. It's exciting to have winners in two categories for the first time. The Russian Tea Cake has always been a favorite, and our new Tuscan Pizzetta is proving to be equally beloved. We are grateful to the SFA for recognizing the premium quality of our hand- crafted cookies and savory biscuits." Lark Fine Foods has received eight prior sofiTMAwards from the Specialty Food Association over the past 10 years. Lark's deliciously different selection of award-winning butter shortbread cookies and biscuits are part of the Cookies for Grown-Upsfamily of products. To learn more, please visit https://www.specialtyfood.com/awards/sofi/winners/ About Lark Fine Foods Lark Fine Foods is a 100% women-owned and operated specialty foods company located 30 miles north of Boston in historic Essex, Massachusetts. Since 2008, Lark has offered a distinctive line of baked goods and elevated gift box arrangements inspired by "grown-up" consumers with sophisticated tastes where every bite excites the senses with innovative flavor combinations that are sometimes unexpected, but always delicious! Using only premium, natural ingredients, Lark's team of talented bakers are committed to making the most innovative, upscale, specialty food items available for today's consumer. Aromatic herbs, savory spices, and hand-crafted confections are just a few of the distinctive ingredients featured in these DELICIOUSLY DIFFERENT treats. Dedication to quality is uncompromising and goes beyond ingredient selection. A hands-on approach extends to all aspects of our business. With great care, all Lark products are baked, packed and shipped daily from their dedicated boutique baking facility. For more information visit: https://larkfinefoods.com/ About the Specialty Food Association Hailed as the highest honor in the specialty food space, the sofiTMAward has been honoring creativity and great taste in the industry since 1952. This not-for-profit trade association provides its 3,500+ worldwide members with tools, knowledge and connections to help champion and nurture their companies in a dynamic and evolving marketplace. The Association (formerly the National Association for the Specialty Food Trade, Inc.) owns and produces the Winter and Summer Fancy Food Shows and sponsors the sofiTMAwards honoring excellence in specialty food. For more information, please visit: https://www.specialtyfood.com SOURCE Lark Fine Foods
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edtsum4613
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DALLAS, July 28, 2020 /PRNewswire/ --Puration, Inc. (USOTC: PURA) and PAO Group, Inc. (USOTC: PAOG) today confirmed the two companies expect to close the sale of PURA's cannabis cultivation operation to PAOG today. A prompt announcement following the closing will be forthcoming. PAOG Group is acquiring PURA's cannabis cultivation operation in exchange for PAOG common stock. The PAOG stock issued to PURA is to be issued to PURA shareholders in a dividend distribution. The target dividend ratio is for each PURA shareholder to receive one share of PAOG stock for each share of PURA held. PAOG also intends to acquire NCM Biotech from Kali-Extracts, Inc. (KALY). NCM Biotech is focused on medical research and the development of treatments derived from its patented cannabis extraction process. NCM Biotech has patented cannabis extraction operation which is focused on medical research and the development of treatments derived from its patented cannabis extraction process. See a recent research report on CBD extracts derived from NCM Biotech's patented extraction process:Journal of Cannabis Research. PURA's cannabis cultivation operation is thriving, has revenue, and has recently purchased and relocated to a new property from its former leased property.Texas lawmakers have recently implemented hemp friendly farming regulations and in so doing, universities within theState of Texashave initiated hemp farming research programs.PURA's cannabis cultivation spinoff has initiated a number of joint research applications withTexasuniversities. PURA had previously spun-off its cannabis cultivation operation to Nouveau (USOTC: NOUV) and is now unwinding that deal to move forward with PAOG. For more information on Puration, visithttp://www.purationinc.com Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.Contact:Puration, Inc.Brian Shibley,[emailprotected](800) 861-1350 SOURCE Puration, Inc.
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PURA and PAOG Cannabis Cultivation Deal Closing Today
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DALLAS, July 28, 2020 /PRNewswire/ --Puration, Inc. (USOTC: PURA) and PAO Group, Inc. (USOTC: PAOG) today confirmed the two companies expect to close the sale of PURA's cannabis cultivation operation to PAOG today. A prompt announcement following the closing will be forthcoming. PAOG Group is acquiring PURA's cannabis cultivation operation in exchange for PAOG common stock. The PAOG stock issued to PURA is to be issued to PURA shareholders in a dividend distribution. The target dividend ratio is for each PURA shareholder to receive one share of PAOG stock for each share of PURA held. PAOG also intends to acquire NCM Biotech from Kali-Extracts, Inc. (KALY). NCM Biotech is focused on medical research and the development of treatments derived from its patented cannabis extraction process. NCM Biotech has patented cannabis extraction operation which is focused on medical research and the development of treatments derived from its patented cannabis extraction process. See a recent research report on CBD extracts derived from NCM Biotech's patented extraction process:Journal of Cannabis Research. PURA's cannabis cultivation operation is thriving, has revenue, and has recently purchased and relocated to a new property from its former leased property.Texas lawmakers have recently implemented hemp friendly farming regulations and in so doing, universities within theState of Texashave initiated hemp farming research programs.PURA's cannabis cultivation spinoff has initiated a number of joint research applications withTexasuniversities. PURA had previously spun-off its cannabis cultivation operation to Nouveau (USOTC: NOUV) and is now unwinding that deal to move forward with PAOG. For more information on Puration, visithttp://www.purationinc.com Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.Contact:Puration, Inc.Brian Shibley,[emailprotected](800) 861-1350 SOURCE Puration, Inc.
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edtsum4614
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SANTA BARBARA, Calif.--(BUSINESS WIRE)--Establishment Labs Holdings Inc. (NASDAQ: ESTA), a medical technology company focused on womens health, initially in the breast aesthetics and reconstruction market, today announced that CEO and Founder Juan Jos Chacn-Quirs will participate in the 39th Annual J.P. Morgan Healthcare Conference, which is being held January 11-14, 2021. Mr. Chacn-Quirs is scheduled to speak to conference attendees at 4:30 pm ET on Thursday, January 14, 2021. A live webcast of the presentation will be available to all interested parties on the Establishment Labs investor relations website at https://investors.establishmentlabs.com/. An archived version of the webcast will be available on the same website following the completion of the event. About Establishment Labs Establishment Labs Holdings Inc. is a global medical technology company focused on womens health, initially in the breast aesthetics and reconstruction market, by designing, developing, manufacturing and marketing an innovative portfolio of silicone gel-filled breast implants, branded as Motiva Implants, the centerpiece of the MotivaImagine platform. Motiva Implants are produced at our two manufacturing sites that are compliant with ISO13485:2016, FDA 21 CFR 820 under the MDSAP program, and are currently commercially available in more than 80 countries through exclusive distributors or the Companys direct salesforce. In March 2018, Establishment Labs received approval for an investigational device exemption (IDE) from the FDA and initiated the Motiva Implant clinical trial in the United States in April 2018. In addition to Motiva Implants, Establishment Labs product and technologies portfolio includes the Divina 3D Simulation System and other products and services. Please visit our website for additional information at www.establishmentlabs.com.
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Establishment Labs Announces Participation in the 39th Annual J.P. Morgan Healthcare Conference
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SANTA BARBARA, Calif.--(BUSINESS WIRE)--Establishment Labs Holdings Inc. (NASDAQ: ESTA), a medical technology company focused on womens health, initially in the breast aesthetics and reconstruction market, today announced that CEO and Founder Juan Jos Chacn-Quirs will participate in the 39th Annual J.P. Morgan Healthcare Conference, which is being held January 11-14, 2021. Mr. Chacn-Quirs is scheduled to speak to conference attendees at 4:30 pm ET on Thursday, January 14, 2021. A live webcast of the presentation will be available to all interested parties on the Establishment Labs investor relations website at https://investors.establishmentlabs.com/. An archived version of the webcast will be available on the same website following the completion of the event. About Establishment Labs Establishment Labs Holdings Inc. is a global medical technology company focused on womens health, initially in the breast aesthetics and reconstruction market, by designing, developing, manufacturing and marketing an innovative portfolio of silicone gel-filled breast implants, branded as Motiva Implants, the centerpiece of the MotivaImagine platform. Motiva Implants are produced at our two manufacturing sites that are compliant with ISO13485:2016, FDA 21 CFR 820 under the MDSAP program, and are currently commercially available in more than 80 countries through exclusive distributors or the Companys direct salesforce. In March 2018, Establishment Labs received approval for an investigational device exemption (IDE) from the FDA and initiated the Motiva Implant clinical trial in the United States in April 2018. In addition to Motiva Implants, Establishment Labs product and technologies portfolio includes the Divina 3D Simulation System and other products and services. Please visit our website for additional information at www.establishmentlabs.com.
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edtsum4622
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN--(BUSINESS WIRE)--The "CRO Quality Benchmarking - Phase IV Service Providers (12th Edition)" report has been added to ResearchAndMarkets.com's offering. The report aims to take two of the most challenging and time-consuming processes out of the abstract for outsourcers: CRO selection and CRO performance evaluation. Which provider is best to conduct a given trial? Who will perform the best? Insights from 111 experienced Phase IV outsourcers and nearly 300 service provider encounters are framed in this quality benchmarking report, addressing these questions. We leave no stone unturned by giving a sense of a provider's brand positioning, customer loyalty, and attribute-specific strengths and weaknesses. Let us take the mystery and stress out of your Phase IV service provider selection process. Both sponsors and providers can use this research to glean what they need to make the best decisions possible for their clinical development programs and service offerings. Informed decisions are indeed the best decisions. What You Will Learn: Sponsors: Service Providers: Major Topics: Key Topics Covered: 1. Service Provider Selection Process 2. Service Provider Perceptions and Interactions 3. Study Data 4. Service Provider Drill-downs 5. Demographics For more information about this report visit https://www.researchandmarkets.com/r/l58kjw
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CRO Quality Benchmarking Report 2020: Phase IV Service Providers - ResearchAndMarkets.com
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DUBLIN--(BUSINESS WIRE)--The "CRO Quality Benchmarking - Phase IV Service Providers (12th Edition)" report has been added to ResearchAndMarkets.com's offering. The report aims to take two of the most challenging and time-consuming processes out of the abstract for outsourcers: CRO selection and CRO performance evaluation. Which provider is best to conduct a given trial? Who will perform the best? Insights from 111 experienced Phase IV outsourcers and nearly 300 service provider encounters are framed in this quality benchmarking report, addressing these questions. We leave no stone unturned by giving a sense of a provider's brand positioning, customer loyalty, and attribute-specific strengths and weaknesses. Let us take the mystery and stress out of your Phase IV service provider selection process. Both sponsors and providers can use this research to glean what they need to make the best decisions possible for their clinical development programs and service offerings. Informed decisions are indeed the best decisions. What You Will Learn: Sponsors: Service Providers: Major Topics: Key Topics Covered: 1. Service Provider Selection Process 2. Service Provider Perceptions and Interactions 3. Study Data 4. Service Provider Drill-downs 5. Demographics For more information about this report visit https://www.researchandmarkets.com/r/l58kjw
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edtsum4631
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: All currencies are reported in Canadian dollars unless otherwise noted TSX: TMLOTCQX: TSRMF TORONTO, March 25, 2021 /PRNewswire/ -Treasury Metals Inc. (TSX: TML) ("Treasury" or the "Company") is pleased to announce that it is increasing its consolidated drill program across the entirety of its 100% owned Goliath Gold Complex to a total of 60,000 metres. Following the closing of the Company's $17.6 million financing and the filing of the preliminary economic assessment on the Goliath Gold Complex (the "2021 PEA"), the Company is now able to outline its dual-pronged drilling strategy intended to both convert existing resources to higher-confidence categories as well as increase the total resource inventory, culminating in a resource update targeted for end of year. As such, the Company is pleased to announce that it has begun to mobilize a second drill to the Goliath deposit that will initially be focused on increasing drill density in under-drilled areas. Highlights of the exploration program include: ENHANCED 60,000 METRE DRILLING PROGRAM UNDERWAY FOR 2021 ON PROSPECTIVE 65 KM TREND TOTAL OF 30,000 METRES COMMITTED TO DRILLING AT GOLDLUND DEPOSIT, WITH 6,000 METRES COMPLETED TO DATE 5,000 METRE PROGRAM AT MILLER DEPOSIT TARGETING EXTENSION OF KNOWN RESOURCE AREA, OF WHICH 3,000 METRES HAVE BEEN COMPLETED TO DATE AND AWAITING ASSAY RESULTS SECOND DRILL TO BE MOBILIZED AT GOLIATH FOR INITIAL 15,000 METRE PROGRAM IN APRIL 2021 ADDITIONAL 10,000 METRE PROGRAM AT GOLIATH IN Q3 2021 TO EVALUATE TARGETS OUTSIDE THE EXISTING RESOURCE EXTENSIVE FIELD WORK AND TARGET GENERATION PROGRAM TO BEGIN THIS SUMMER UPDATED GOLIATH GOLD COMPLEX RESOURCE EXPECTED BY END OF YEAR Jeremy Wyeth, President and CEO, stated, "We are very excited to expand our 2021 exploration program at the Goliath Gold Complex. Our fully-funded program will have a dual focus of converting existing resources to higher confidence categories as well as growing the resources through step-out and in-fill drilling near existing deposits. More importantly, we are excited about the exploration potential on our land package which covers 65 kilometres of strike length of prospective geology, but where less than five per cent of the claims have been explored. With two drills now allocated we will also consider adding a third drill later this year should the success of the program warrant the additional investment." Goliath Gold Complex Drill Program Goliath Drilling Once on site, the second drill will initially be deployed to the Goliath deposit. The initial program at Goliath will consist of approximately 15,000 metres of drilling targeted at extending the known continuity of mineral resources within the Main and C zones of the proposed underground mining areas. These areas fall adjacent to, or are surrounded by, areas of higher density drilling that have shown suitable continuity to be included as proposed mining areas within the 2021 PEA. As shown in Figure 1 (click to enlarge), there are several areas bounded by high continuity zones or proposed mining stopes but lack sufficient continuity for inclusion within the resource estimate. The Company anticipates that further close-spaced drilling will help to connect existing proposed mining areas and create additional continuity within proposed underground stopes. As a result, tonnage and ounces could then be added to the mining plan, with potential as well to contribute to the growth of overall resources, with evaluation in the pre-feasibility study proposed for the Goliath Gold Complex (the "PFS"). This drilling is targeted for completion by the end of Q3 2021. An additional 10,000 metres are being planned for exploration targets outside of the existing resource and across the full extent of the Goliath claim area. These targets include areas with near surface potential both to the west and northeast along strike to the currently planned open pit. In addition to those near the defined resource, regional targets include the northeast Fold Nose and the Far East target, in which hole TL12-266 intersected 2.6 g/t over 2.1 m within approximately 100 m of felsic volcanic rock similar to those hosting the Goliath deposit. See Figure 2 (click to enlarge) for a plan view of the area. It should be noted that in addition to historic gold drilling results, the Fold Nose and East Limb targets coincide with recently completed soil sampling programs which show anomalies similar to those found across the existing Goliath resource as shown in Figure 3 (click to enlarge). Additional fieldwork is being planned for the coming summer field season, which will help define and prioritize prospective targets. Goldlund Drilling A total of approximately 30,000 metres is now planned for the Goldlund deposit, including 6,000 metres already completed, with the goal of extending areas of known mineralization in the under-drilled zones of the deposit. Zones 2, 3, 4 and 8 represent significant opportunities for the conversion of Inferred to Indicated ounces as well as potential growth within or adjacent to the proposed PEA open pit mining areas. Due to limited drilling, several of these zones show limited continuity within the proposed pit shell and in-fill drilling is anticipated to potentially reduce the stripping ratio while being expected to add to the overall resources available for the PFS. This drilling is targeted to advance through the summer of 2021 and will contribute to an updated resource estimate, anticipated for completion by the end of 2021. The Goldlund program will include 5,000 metres of close spaced drilling carried out in Zone 1. The drilling will target areas inside the proposed PEA open pit mine shell and is intended to confirm the grade continuity and upgrade a portion of resources anticipated to be mined during the early phases of the proposed mine plan from the Indicated to Measured category (Figure 4 - click to enlarge). Miller Drilling The Miller deposit will be targeted with approximately 5,000 metres of drilling, including 3,000 metres already completed, which will be primarily focused on extending the known resource area. Drill holes directly to the southwest of the proposed open pit have successfully followed the mineralized zone and require additional drilling both near surface and along strike for inclusion in classified resources and continued growth. The resource remains open at depth and along strike to the southwest. A portion of the drilling will be allocated to further understand the orientations of the mineralized veins to assist in effective targeting and to improve understanding of the overall structure in support of the effort to find new prospective areas. The granodiorite has been shown to be faulted/sheared at its northeastern extent and additional drilling at the Miller project will aim to better understand the nature of these structures and intend to reestablish the trend along strike past the faulted zone (Figure 5 - click to enlarge). Other Targets In addition to drilling at existing deposits at the Goliath Gold Complex, the Company will also be initiating an extensive field and grassroots exploration program for the summer season. This program will include a variety of methods including continued soil sampling and mapping activities for future target generation across the full extent of the combined claim area. The Company believes that the planned Goliath mill will represent a centralized hub for processing mineralized material along the 65-kilometre trend represented by the Goliath Gold Complex properties (Figure 6 - click to enlarge). Qualified Persons Mark Wheeler, P.Eng., Director, Projects, and Adam Larsen, Exploration Manager, are both considered as a "Qualified Person" for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), and have reviewed and approved the scientific and technical disclosure contained in this news release on behalf of Treasury. To view further details about the Goliath Gold Complex projects, please visit the Company's website at www.treasurymetals.com. About Treasury Metals Inc. Treasury Metals Inc. is a gold focused company with assets inCanada. Treasury's Goliath Gold Complex ("GGC"), which includes the Goliath, Goldlund and Miller projects, is located inNorthwestern Ontario. The GGC projects benefit substantially from excellent access to the Trans-Canada Highway, related power and rail infrastructure, and close proximity to several communities includingDryden, Ontario. The Company also owns several other projects throughoutCanada, including the Lara Polymetallic Project, Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. Forward-Looking Statements This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expect, are forward-looking statements. Actual results or developments may differ materially from those in forward-looking statements. Treasury Metals disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. SOURCE Treasury Metals Inc. Related Links www.treasurymetals.com
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Treasury Metals Increases 2021 Drilling Program to 60,000 m with Second Drill to be Added at Goliath Gold Complex
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All currencies are reported in Canadian dollars unless otherwise noted TSX: TMLOTCQX: TSRMF TORONTO, March 25, 2021 /PRNewswire/ -Treasury Metals Inc. (TSX: TML) ("Treasury" or the "Company") is pleased to announce that it is increasing its consolidated drill program across the entirety of its 100% owned Goliath Gold Complex to a total of 60,000 metres. Following the closing of the Company's $17.6 million financing and the filing of the preliminary economic assessment on the Goliath Gold Complex (the "2021 PEA"), the Company is now able to outline its dual-pronged drilling strategy intended to both convert existing resources to higher-confidence categories as well as increase the total resource inventory, culminating in a resource update targeted for end of year. As such, the Company is pleased to announce that it has begun to mobilize a second drill to the Goliath deposit that will initially be focused on increasing drill density in under-drilled areas. Highlights of the exploration program include: ENHANCED 60,000 METRE DRILLING PROGRAM UNDERWAY FOR 2021 ON PROSPECTIVE 65 KM TREND TOTAL OF 30,000 METRES COMMITTED TO DRILLING AT GOLDLUND DEPOSIT, WITH 6,000 METRES COMPLETED TO DATE 5,000 METRE PROGRAM AT MILLER DEPOSIT TARGETING EXTENSION OF KNOWN RESOURCE AREA, OF WHICH 3,000 METRES HAVE BEEN COMPLETED TO DATE AND AWAITING ASSAY RESULTS SECOND DRILL TO BE MOBILIZED AT GOLIATH FOR INITIAL 15,000 METRE PROGRAM IN APRIL 2021 ADDITIONAL 10,000 METRE PROGRAM AT GOLIATH IN Q3 2021 TO EVALUATE TARGETS OUTSIDE THE EXISTING RESOURCE EXTENSIVE FIELD WORK AND TARGET GENERATION PROGRAM TO BEGIN THIS SUMMER UPDATED GOLIATH GOLD COMPLEX RESOURCE EXPECTED BY END OF YEAR Jeremy Wyeth, President and CEO, stated, "We are very excited to expand our 2021 exploration program at the Goliath Gold Complex. Our fully-funded program will have a dual focus of converting existing resources to higher confidence categories as well as growing the resources through step-out and in-fill drilling near existing deposits. More importantly, we are excited about the exploration potential on our land package which covers 65 kilometres of strike length of prospective geology, but where less than five per cent of the claims have been explored. With two drills now allocated we will also consider adding a third drill later this year should the success of the program warrant the additional investment." Goliath Gold Complex Drill Program Goliath Drilling Once on site, the second drill will initially be deployed to the Goliath deposit. The initial program at Goliath will consist of approximately 15,000 metres of drilling targeted at extending the known continuity of mineral resources within the Main and C zones of the proposed underground mining areas. These areas fall adjacent to, or are surrounded by, areas of higher density drilling that have shown suitable continuity to be included as proposed mining areas within the 2021 PEA. As shown in Figure 1 (click to enlarge), there are several areas bounded by high continuity zones or proposed mining stopes but lack sufficient continuity for inclusion within the resource estimate. The Company anticipates that further close-spaced drilling will help to connect existing proposed mining areas and create additional continuity within proposed underground stopes. As a result, tonnage and ounces could then be added to the mining plan, with potential as well to contribute to the growth of overall resources, with evaluation in the pre-feasibility study proposed for the Goliath Gold Complex (the "PFS"). This drilling is targeted for completion by the end of Q3 2021. An additional 10,000 metres are being planned for exploration targets outside of the existing resource and across the full extent of the Goliath claim area. These targets include areas with near surface potential both to the west and northeast along strike to the currently planned open pit. In addition to those near the defined resource, regional targets include the northeast Fold Nose and the Far East target, in which hole TL12-266 intersected 2.6 g/t over 2.1 m within approximately 100 m of felsic volcanic rock similar to those hosting the Goliath deposit. See Figure 2 (click to enlarge) for a plan view of the area. It should be noted that in addition to historic gold drilling results, the Fold Nose and East Limb targets coincide with recently completed soil sampling programs which show anomalies similar to those found across the existing Goliath resource as shown in Figure 3 (click to enlarge). Additional fieldwork is being planned for the coming summer field season, which will help define and prioritize prospective targets. Goldlund Drilling A total of approximately 30,000 metres is now planned for the Goldlund deposit, including 6,000 metres already completed, with the goal of extending areas of known mineralization in the under-drilled zones of the deposit. Zones 2, 3, 4 and 8 represent significant opportunities for the conversion of Inferred to Indicated ounces as well as potential growth within or adjacent to the proposed PEA open pit mining areas. Due to limited drilling, several of these zones show limited continuity within the proposed pit shell and in-fill drilling is anticipated to potentially reduce the stripping ratio while being expected to add to the overall resources available for the PFS. This drilling is targeted to advance through the summer of 2021 and will contribute to an updated resource estimate, anticipated for completion by the end of 2021. The Goldlund program will include 5,000 metres of close spaced drilling carried out in Zone 1. The drilling will target areas inside the proposed PEA open pit mine shell and is intended to confirm the grade continuity and upgrade a portion of resources anticipated to be mined during the early phases of the proposed mine plan from the Indicated to Measured category (Figure 4 - click to enlarge). Miller Drilling The Miller deposit will be targeted with approximately 5,000 metres of drilling, including 3,000 metres already completed, which will be primarily focused on extending the known resource area. Drill holes directly to the southwest of the proposed open pit have successfully followed the mineralized zone and require additional drilling both near surface and along strike for inclusion in classified resources and continued growth. The resource remains open at depth and along strike to the southwest. A portion of the drilling will be allocated to further understand the orientations of the mineralized veins to assist in effective targeting and to improve understanding of the overall structure in support of the effort to find new prospective areas. The granodiorite has been shown to be faulted/sheared at its northeastern extent and additional drilling at the Miller project will aim to better understand the nature of these structures and intend to reestablish the trend along strike past the faulted zone (Figure 5 - click to enlarge). Other Targets In addition to drilling at existing deposits at the Goliath Gold Complex, the Company will also be initiating an extensive field and grassroots exploration program for the summer season. This program will include a variety of methods including continued soil sampling and mapping activities for future target generation across the full extent of the combined claim area. The Company believes that the planned Goliath mill will represent a centralized hub for processing mineralized material along the 65-kilometre trend represented by the Goliath Gold Complex properties (Figure 6 - click to enlarge). Qualified Persons Mark Wheeler, P.Eng., Director, Projects, and Adam Larsen, Exploration Manager, are both considered as a "Qualified Person" for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), and have reviewed and approved the scientific and technical disclosure contained in this news release on behalf of Treasury. To view further details about the Goliath Gold Complex projects, please visit the Company's website at www.treasurymetals.com. About Treasury Metals Inc. Treasury Metals Inc. is a gold focused company with assets inCanada. Treasury's Goliath Gold Complex ("GGC"), which includes the Goliath, Goldlund and Miller projects, is located inNorthwestern Ontario. The GGC projects benefit substantially from excellent access to the Trans-Canada Highway, related power and rail infrastructure, and close proximity to several communities includingDryden, Ontario. The Company also owns several other projects throughoutCanada, including the Lara Polymetallic Project, Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. Forward-Looking Statements This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expect, are forward-looking statements. Actual results or developments may differ materially from those in forward-looking statements. Treasury Metals disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. SOURCE Treasury Metals Inc. Related Links www.treasurymetals.com
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edtsum4637
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation (NYSE: MGY) (Magnolia or the Company) today announced the pricing of an underwritten public offering of an aggregate 17,000,000 shares of the Companys Class A common stock (Class A Common Stock) by certain affiliates of EnerVest, Ltd. (the Selling Stockholders), for total gross proceeds (before underwriters fees and estimated expenses) to the Selling Stockholders of approximately $178.5 million (the Offering). The underwriters have an option for 30 days to purchase up to an aggregate additional 2,550,000 shares of Class A Common Stock from the Selling Stockholders. The Offering is expected to close on March 5, 2021, subject to customary closing conditions. The Company will not sell any shares of its Class A Common Stock in the Offering or receive any proceeds from the Offering. Credit Suisse Securities (USA) LLC and Citigroup are acting as the book-running managers for the Offering. Concurrently with the closing of the Offering, the Company has agreed to purchase from the Selling Stockholders 5,000,000 shares of the Companys Class B common stock at a price per share equal to the price per share at which the underwriters purchase shares of the Companys Class A Common Stock in the Offering (the Class B Common Stock Purchase). The Offering is not conditioned upon the completion of the Class B Common Stock Purchase, but the Class B Common Stock Purchase is conditioned upon the completion of the Offering. The Offering is being made pursuant to an effective shelf registration statement, which has been filed with the Securities and Exchange Commission (the SEC) and became effective August 30, 2018. The Offering will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus, copies of which may be obtained on the SECs website at www.sec.gov. Alternatively, the book-running managers will arrange to send you the preliminary prospectus supplement and related base prospectus if you request them by contacting: Credit Suisse Securities (USA) LLC Attn: Prospectus Department 6933 Louis Stephens Drive Morrisville, NC 27560 Telephone: 1-800-221-1037 E-mail: [email protected] Citigroup c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Telephone: 1-800-831-9146 This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Magnolia Oil & Gas Magnolia is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders through steady production growth, strong pre-tax margins, and free cash flow. Forward-Looking Statements The information in this press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the completion of the Offering and the Class B Common Stock Purchase are forward looking statements. When used in this press release, the words could, should, will, may, believe, anticipate, intend, estimate, expect, project, the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on managements current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Magnolia disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Magnolia cautions you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Magnolia, incident to the development, production, gathering and sale of oil, natural gas and natural gas liquids. In addition, Magnolia cautions you that the forward looking statements contained in this press release are subject to the following factors: (i) the length, scope and severity of the ongoing coronavirus disease 2019 pandemic, including the effects of related public health concerns and the impact of continued actions taken by governmental authorities and other third parties in response to the pandemic and its impact on commodity prices, supply and demand considerations, and storage capacity; (ii) the outcome of any legal proceedings that may be instituted against Magnolia; (iii) Magnolias ability to realize the anticipated benefits of its acquisitions, which may be affected by, among other things, competition and the ability of Magnolia to grow and manage growth profitably; (iv) changes in applicable laws or regulations; and (v) the possibility that Magnolia may be adversely affected by other economic, business, and/or competitive factors. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in Magnolias filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2020, filed with the SEC on February 23, 2021. Magnolias SEC filings are available publicly on the SECs website at www.sec.gov.
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Magnolia Oil & Gas Corporation Prices Secondary Public Offering of Class A Common Stock and Agreement to Purchase Class B Common Stock from Affiliates of EnerVest, Ltd.
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HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation (NYSE: MGY) (Magnolia or the Company) today announced the pricing of an underwritten public offering of an aggregate 17,000,000 shares of the Companys Class A common stock (Class A Common Stock) by certain affiliates of EnerVest, Ltd. (the Selling Stockholders), for total gross proceeds (before underwriters fees and estimated expenses) to the Selling Stockholders of approximately $178.5 million (the Offering). The underwriters have an option for 30 days to purchase up to an aggregate additional 2,550,000 shares of Class A Common Stock from the Selling Stockholders. The Offering is expected to close on March 5, 2021, subject to customary closing conditions. The Company will not sell any shares of its Class A Common Stock in the Offering or receive any proceeds from the Offering. Credit Suisse Securities (USA) LLC and Citigroup are acting as the book-running managers for the Offering. Concurrently with the closing of the Offering, the Company has agreed to purchase from the Selling Stockholders 5,000,000 shares of the Companys Class B common stock at a price per share equal to the price per share at which the underwriters purchase shares of the Companys Class A Common Stock in the Offering (the Class B Common Stock Purchase). The Offering is not conditioned upon the completion of the Class B Common Stock Purchase, but the Class B Common Stock Purchase is conditioned upon the completion of the Offering. The Offering is being made pursuant to an effective shelf registration statement, which has been filed with the Securities and Exchange Commission (the SEC) and became effective August 30, 2018. The Offering will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus, copies of which may be obtained on the SECs website at www.sec.gov. Alternatively, the book-running managers will arrange to send you the preliminary prospectus supplement and related base prospectus if you request them by contacting: Credit Suisse Securities (USA) LLC Attn: Prospectus Department 6933 Louis Stephens Drive Morrisville, NC 27560 Telephone: 1-800-221-1037 E-mail: [email protected] Citigroup c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Telephone: 1-800-831-9146 This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Magnolia Oil & Gas Magnolia is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders through steady production growth, strong pre-tax margins, and free cash flow. Forward-Looking Statements The information in this press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the completion of the Offering and the Class B Common Stock Purchase are forward looking statements. When used in this press release, the words could, should, will, may, believe, anticipate, intend, estimate, expect, project, the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on managements current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Magnolia disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Magnolia cautions you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Magnolia, incident to the development, production, gathering and sale of oil, natural gas and natural gas liquids. In addition, Magnolia cautions you that the forward looking statements contained in this press release are subject to the following factors: (i) the length, scope and severity of the ongoing coronavirus disease 2019 pandemic, including the effects of related public health concerns and the impact of continued actions taken by governmental authorities and other third parties in response to the pandemic and its impact on commodity prices, supply and demand considerations, and storage capacity; (ii) the outcome of any legal proceedings that may be instituted against Magnolia; (iii) Magnolias ability to realize the anticipated benefits of its acquisitions, which may be affected by, among other things, competition and the ability of Magnolia to grow and manage growth profitably; (iv) changes in applicable laws or regulations; and (v) the possibility that Magnolia may be adversely affected by other economic, business, and/or competitive factors. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in Magnolias filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2020, filed with the SEC on February 23, 2021. Magnolias SEC filings are available publicly on the SECs website at www.sec.gov.
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edtsum4640
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, July 7, 2020 /PRNewswire/ -- Global Automotive Central Gateway Module Market 2020-2024 The analyst has been monitoring the automotive central gateway module market and it is poised to grow by $ 1.29 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. Our reports on automotive central gateway module market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Read the full report: https://www.reportlinker.com/p05445232/?utm_source=PRN The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing government support to promote EVs, growing importance of crash tests and NCAP ratings, and importance of automotive network security driving CGM adoption. In addition, increasing government support to promote EVs is anticipated to boost the growth of the market as well. The automotive central gateway module market analysis includes application segment and geographic landscapes The automotive central gateway module market is segmented as below: By Application Passenger cars Commercial vehicles By Geographic Landscapes APAC North America Europe South America MEA This study identifies the higher emphasis on traffic management to demand secure external communication as one of the prime reasons driving the automotive central gateway module market growth during the next few years. Also, adoption of high bandwidth automotive networks and development of integrated cybersecurity solution will lead to sizable demand in the market. The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive central gateway module market covers the following areas: Automotive central gateway module market sizing Automotive central gateway module market forecast Automotive central gateway module market industry analysis Read the full report: https://www.reportlinker.com/p05445232/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
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The Global Automotive Central Gateway Module Market is expected to grow by $ 1.29 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period
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NEW YORK, July 7, 2020 /PRNewswire/ -- Global Automotive Central Gateway Module Market 2020-2024 The analyst has been monitoring the automotive central gateway module market and it is poised to grow by $ 1.29 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. Our reports on automotive central gateway module market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Read the full report: https://www.reportlinker.com/p05445232/?utm_source=PRN The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing government support to promote EVs, growing importance of crash tests and NCAP ratings, and importance of automotive network security driving CGM adoption. In addition, increasing government support to promote EVs is anticipated to boost the growth of the market as well. The automotive central gateway module market analysis includes application segment and geographic landscapes The automotive central gateway module market is segmented as below: By Application Passenger cars Commercial vehicles By Geographic Landscapes APAC North America Europe South America MEA This study identifies the higher emphasis on traffic management to demand secure external communication as one of the prime reasons driving the automotive central gateway module market growth during the next few years. Also, adoption of high bandwidth automotive networks and development of integrated cybersecurity solution will lead to sizable demand in the market. The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive central gateway module market covers the following areas: Automotive central gateway module market sizing Automotive central gateway module market forecast Automotive central gateway module market industry analysis Read the full report: https://www.reportlinker.com/p05445232/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
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edtsum4645
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)--Technavio has been monitoring the robotic laser cutting market and it is poised to grow by USD 173.13 mn during 2020-2024, progressing at a CAGR of about 17% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts Frequently Asked Questions: The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., DENSO CORPORATION, FANUC CORPORATION, JENOPTIK AG, Kawasaki Heavy Industries Ltd., Mitsubishi Motors Corporation, NACHI-FUJIKOSHI Corp., Staubli International AG, and YASKAWA ELECTRIC CORPORATION are some of the major market participants. The increased productivity with improved laser technology will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Robotic Laser Cutting Market 2020-2024: Segmentation Robotic Laser Cutting Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40775 Robotic Laser Cutting Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The robotic laser cutting market report covers the following areas: This study identifies robotic laser cutting in the aerospace and defense industry as one of the prime reasons driving the robotic laser cutting market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Robotic Laser Cutting Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by End-user Customer landscape Geographic Landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Robotic Laser Cutting Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Increased Productivity With Improved Laser Technology to Boost the Market Growth | Technavio
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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the robotic laser cutting market and it is poised to grow by USD 173.13 mn during 2020-2024, progressing at a CAGR of about 17% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts Frequently Asked Questions: The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., DENSO CORPORATION, FANUC CORPORATION, JENOPTIK AG, Kawasaki Heavy Industries Ltd., Mitsubishi Motors Corporation, NACHI-FUJIKOSHI Corp., Staubli International AG, and YASKAWA ELECTRIC CORPORATION are some of the major market participants. The increased productivity with improved laser technology will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Robotic Laser Cutting Market 2020-2024: Segmentation Robotic Laser Cutting Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40775 Robotic Laser Cutting Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The robotic laser cutting market report covers the following areas: This study identifies robotic laser cutting in the aerospace and defense industry as one of the prime reasons driving the robotic laser cutting market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Robotic Laser Cutting Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by End-user Customer landscape Geographic Landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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edtsum4655
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BURLINGAME,Calif., March 3, 2021 /PRNewswire/ --The California Society of CPAs (CalCPA) announced a new Business Professional membership category designed for California residents who formerly held a CPA license. "CalCPA's Business Professional membership is intended to broaden opportunities for formerly licensed CPAs to engage with our statewide accounting and finance communities in a more targeted and meaningful way," said Matthew Koontz, CalCPA Vice President of Marketing and Communications. "Not only do Business Professional members benefit from this engagement through expanded networks and access to technical guidance, they also bring greater diversity and inclusion to our membership and a wealth of new experiences and ideas to share with other members." Any California resident who previously held a CPA license anywhere in the United States and one that was not suspended, surrendered or revoked in connection with any disciplinary action is eligible for this new membership type at CalCPA. Business Professional members will have the same status as other members who hold active license, including the ability to vote on society matters, serve on the board of directors and board of trustees, join state committees, volunteer for conference planning committees, and get involved in other CalCPA initiatives. All members are expected to abide by all relevant codes of ethics and professional conduct. "In CalCPA's March/April issue of California CPAMagazine we are featuring Bret Johnsen, CFO of SpaceX, who is also a former CPA our Business Professional membership is designed for someone like Bret," added Koontz. "This is a very effective way to bring former CPAs working in business and industry back into an active community of like-minded professionals with similar needs." About CalCPA CalCPA traces its heritage to 1903 when the California State Society of Certified Public Accountants was organized. In 1909, it merged with two other state CPA associations to form CalCPA. CalCPA serves more than 45,000 members in public practice, private industry, academia and government, and has 14 chapters across California. CalCPA also offers more than 1,400 live courses, conferences, webcasts and on-demand self-study courses annually. More information is available online atcalcpa.org. Media Contact: David Colgren Colcomgroup 917-587-3708 [emailprotected] SOURCE California Society of CPAs Related Links https://www.calcpa.org
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CalCPA Expands Opportunities for Formerly Licensed CPAs to Engage with its Statewide Accounting Communities
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BURLINGAME,Calif., March 3, 2021 /PRNewswire/ --The California Society of CPAs (CalCPA) announced a new Business Professional membership category designed for California residents who formerly held a CPA license. "CalCPA's Business Professional membership is intended to broaden opportunities for formerly licensed CPAs to engage with our statewide accounting and finance communities in a more targeted and meaningful way," said Matthew Koontz, CalCPA Vice President of Marketing and Communications. "Not only do Business Professional members benefit from this engagement through expanded networks and access to technical guidance, they also bring greater diversity and inclusion to our membership and a wealth of new experiences and ideas to share with other members." Any California resident who previously held a CPA license anywhere in the United States and one that was not suspended, surrendered or revoked in connection with any disciplinary action is eligible for this new membership type at CalCPA. Business Professional members will have the same status as other members who hold active license, including the ability to vote on society matters, serve on the board of directors and board of trustees, join state committees, volunteer for conference planning committees, and get involved in other CalCPA initiatives. All members are expected to abide by all relevant codes of ethics and professional conduct. "In CalCPA's March/April issue of California CPAMagazine we are featuring Bret Johnsen, CFO of SpaceX, who is also a former CPA our Business Professional membership is designed for someone like Bret," added Koontz. "This is a very effective way to bring former CPAs working in business and industry back into an active community of like-minded professionals with similar needs." About CalCPA CalCPA traces its heritage to 1903 when the California State Society of Certified Public Accountants was organized. In 1909, it merged with two other state CPA associations to form CalCPA. CalCPA serves more than 45,000 members in public practice, private industry, academia and government, and has 14 chapters across California. CalCPA also offers more than 1,400 live courses, conferences, webcasts and on-demand self-study courses annually. More information is available online atcalcpa.org. Media Contact: David Colgren Colcomgroup 917-587-3708 [emailprotected] SOURCE California Society of CPAs Related Links https://www.calcpa.org
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edtsum4663
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PHILADELPHIA, April 16, 2020 /PRNewswire/ -- Robert J. Mongeluzzi, the noted maritime trial lawyer whose team has represented passenger-victims in maritime disasters on vessels ranging from death-trap duck boats and unsafe dive boats to luxury cruise ships, today said the Carnival Cruise Line leadership "seems more concerned about the company'ssinking stock price than human life" as it "rushes to relaunch its fleet amid the raging COVID-19 pandemic." Mr. Mongeluzzi, who leads the Saltz Mongeluzzi & Bendesky P.C. (SM&B) law firm, said he was horrified to read a published report - Carnival Execs Knew: Bloomberg - in which the cruise line CEO downplayed Carnival's inept response to the global disaster, stating, "Nothing's perfect, OK?", and that hindsight would prove they "did great." "If they did such a great job, why did the CDC order them to shut down? Why did otherwise healthy passengers and crew members on their Princess-affiliated ships get infected and die? They did a horrific job protecting the health and safety of their guests and their employees and will have to face the consequences through the justice system," Mr. Mongeluzzi added. Attorney Andrew R. Duffy, a partner at SM&B, and a former Naval legal officer, said, "It would be extremely disappointing if Carnival were to get a government bail-out to save their sinking fortunes, but they must not be absolved for their actions that appear to have put tens of thousands of lives at risk. When worldwide warnings sounded about the deadly coronavirus, they ignored those alerts, and instead of ordering all ships back to port, they still set sail, failing to protect passengers and their crews." Jeffrey P. Goodman, another partner in the firm and member of the maritime litigation team, added, "Carnival is a multi-billion-dollar enterprise that abandoned numerous principles of maritime safety, they placed their passengers and the public in harm's way. In terms of liability, we believe that Carnival faces legal exposure from not only passengers and crew, but also from anyone, anywhere who might have been, or will be, infected as a result of contact with someone from COVID-infested Carnival ships." Carnival, whose North American service was shut down through early May by CDC, just announced plans to restart on June 27th. The Mongeluzzi firm currently represents numerous victims of the fatal California Conception dive boat fire and recently successfully litigated more than two dozen cases resulting from the Branson, Missouriduck boat disaster that resulted in 17 deaths. Attorneys Mongeluzzi, Duffy, and Goodman can be reached for interviews as follows: Contacts: Robert J. Mongeluzzi / [emailprotected]Andrew R. Duffy / [emailprotected]Jeffrey P. Goodman / [emailprotected]Steph Rosenfeld / [emailprotected]/ 215.514.4101 SOURCE Saltz Mongeluzzi & Bendesky P.C.
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Noted Maritime Lawyer Robert J. Mongeluzzi Says Carnival Cruise Line's CEO "Seems More Concerned About His Sinking Stock Price Than Human Life" As Company "Rushes To Relaunch Beleaguered Fleet"
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PHILADELPHIA, April 16, 2020 /PRNewswire/ -- Robert J. Mongeluzzi, the noted maritime trial lawyer whose team has represented passenger-victims in maritime disasters on vessels ranging from death-trap duck boats and unsafe dive boats to luxury cruise ships, today said the Carnival Cruise Line leadership "seems more concerned about the company'ssinking stock price than human life" as it "rushes to relaunch its fleet amid the raging COVID-19 pandemic." Mr. Mongeluzzi, who leads the Saltz Mongeluzzi & Bendesky P.C. (SM&B) law firm, said he was horrified to read a published report - Carnival Execs Knew: Bloomberg - in which the cruise line CEO downplayed Carnival's inept response to the global disaster, stating, "Nothing's perfect, OK?", and that hindsight would prove they "did great." "If they did such a great job, why did the CDC order them to shut down? Why did otherwise healthy passengers and crew members on their Princess-affiliated ships get infected and die? They did a horrific job protecting the health and safety of their guests and their employees and will have to face the consequences through the justice system," Mr. Mongeluzzi added. Attorney Andrew R. Duffy, a partner at SM&B, and a former Naval legal officer, said, "It would be extremely disappointing if Carnival were to get a government bail-out to save their sinking fortunes, but they must not be absolved for their actions that appear to have put tens of thousands of lives at risk. When worldwide warnings sounded about the deadly coronavirus, they ignored those alerts, and instead of ordering all ships back to port, they still set sail, failing to protect passengers and their crews." Jeffrey P. Goodman, another partner in the firm and member of the maritime litigation team, added, "Carnival is a multi-billion-dollar enterprise that abandoned numerous principles of maritime safety, they placed their passengers and the public in harm's way. In terms of liability, we believe that Carnival faces legal exposure from not only passengers and crew, but also from anyone, anywhere who might have been, or will be, infected as a result of contact with someone from COVID-infested Carnival ships." Carnival, whose North American service was shut down through early May by CDC, just announced plans to restart on June 27th. The Mongeluzzi firm currently represents numerous victims of the fatal California Conception dive boat fire and recently successfully litigated more than two dozen cases resulting from the Branson, Missouriduck boat disaster that resulted in 17 deaths. Attorneys Mongeluzzi, Duffy, and Goodman can be reached for interviews as follows: Contacts: Robert J. Mongeluzzi / [emailprotected]Andrew R. Duffy / [emailprotected]Jeffrey P. Goodman / [emailprotected]Steph Rosenfeld / [emailprotected]/ 215.514.4101 SOURCE Saltz Mongeluzzi & Bendesky P.C.
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edtsum4665
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SALEM, Mass., Nov. 12, 2020 /PRNewswire/ --While The Satanic Temple's appeal in its lawsuit over Missouri's abortion laws is still scheduled to be reviewed by the US Supreme Court to decide if they will hear the case, the US Supreme Court dismissed The Satanic Temple's (TST's) motion to disqualify Justice Amy Coney Barrett due to questions regarding her ability to impartially consider a case involving abortion. The Satanic Temple TST's complaint was initially filed when TST member Judy Doe, seeking an abortion in Missouri, was forced to accept literature that asserted the position that life begins at conception and then was made to endured a three-day waiting period that was designed to instill guilt and shame for her decision. TST argued that the imposition of this arbitrary view on when life begins violates their religious beliefs of science and bodily autonomy and creates an unconstitutional undue burden on Doe's religious practices. The Eighth Circuit Court dismissed the case and held that Missouri's proclamations do not violate Doe's free exercise of religion, even though they are rooted in Catholic dogma. TST appealed this decision to the Supreme Court. In its motion to disqualify, TST stated that "any objective observer would reasonably believe it is unlikely Justice Barrett could set aside her deeply-held religious beliefs on the illegitimacy of abortion and barbarity of [Roe v. Wade] to render an impartial decision on the Petition." TST spokesperson and cofounder Lucien Greaves states, "We cited numerous examples in our motion that unequivocally display Justice Barrett's hostility towards the act of terminating a pregnancy. Yet, the Supreme Court refused to recognize that her dogmatic conclusions related to abortion, which she announced publicly, can reasonably affect her ability to impartially rule on our religious freedom claims." Greaves continues, "Federal law states that judges must disqualify themselves in any proceeding in which their impartiality might reasonably be questioned. Because the Supreme Court has essentially removed any basis for asserting bias, they invite questions about the legitimacy of the legal system as a whole. When the Supreme Court considers if they will hear our abortion case in conference on November 20, we hope for the sake of upholding fair and impartial jurisprudence that they will make decisions justified by established legal precedence."About The Satanic TempleThe Satanic Temple, subject of the critically-acclaimed documentary, Hail Satan?, and the academic analysis, Speak of the Devil, confronts religious discrimination to secure the separation of church and state and defend the Constitutional rights of its members. In response to Oklahoma and Arkansas placing a Ten Commandments statue on Capitol grounds, TST offered its bronze Baphomet statue to stand alongside the Christian monuments. TST hosts the "After School Satan" club to counter the Evangelical "Good News Clubs" in public schools across the country to promote a plurality of religious viewpoints. The mission of The Satanic Temple is to encourage benevolence and empathy, reject tyrannical authority, advocate practical common sense, oppose injustice, and undertake noble pursuits for the individual will. For more information about The Satanic Temple, visithttps://thesatanictemple.com/.Media Contact Priya Dua, APR E: [emailprotected] C: (720) 220-5339 SOURCE The Satanic Temple
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Supreme Court Refuses to Disqualify Justice Barrett from The Satanic Temple's Abortion Case TST Believes the Ruling Sets A Dangerous Precedent for The Supreme Court
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SALEM, Mass., Nov. 12, 2020 /PRNewswire/ --While The Satanic Temple's appeal in its lawsuit over Missouri's abortion laws is still scheduled to be reviewed by the US Supreme Court to decide if they will hear the case, the US Supreme Court dismissed The Satanic Temple's (TST's) motion to disqualify Justice Amy Coney Barrett due to questions regarding her ability to impartially consider a case involving abortion. The Satanic Temple TST's complaint was initially filed when TST member Judy Doe, seeking an abortion in Missouri, was forced to accept literature that asserted the position that life begins at conception and then was made to endured a three-day waiting period that was designed to instill guilt and shame for her decision. TST argued that the imposition of this arbitrary view on when life begins violates their religious beliefs of science and bodily autonomy and creates an unconstitutional undue burden on Doe's religious practices. The Eighth Circuit Court dismissed the case and held that Missouri's proclamations do not violate Doe's free exercise of religion, even though they are rooted in Catholic dogma. TST appealed this decision to the Supreme Court. In its motion to disqualify, TST stated that "any objective observer would reasonably believe it is unlikely Justice Barrett could set aside her deeply-held religious beliefs on the illegitimacy of abortion and barbarity of [Roe v. Wade] to render an impartial decision on the Petition." TST spokesperson and cofounder Lucien Greaves states, "We cited numerous examples in our motion that unequivocally display Justice Barrett's hostility towards the act of terminating a pregnancy. Yet, the Supreme Court refused to recognize that her dogmatic conclusions related to abortion, which she announced publicly, can reasonably affect her ability to impartially rule on our religious freedom claims." Greaves continues, "Federal law states that judges must disqualify themselves in any proceeding in which their impartiality might reasonably be questioned. Because the Supreme Court has essentially removed any basis for asserting bias, they invite questions about the legitimacy of the legal system as a whole. When the Supreme Court considers if they will hear our abortion case in conference on November 20, we hope for the sake of upholding fair and impartial jurisprudence that they will make decisions justified by established legal precedence."About The Satanic TempleThe Satanic Temple, subject of the critically-acclaimed documentary, Hail Satan?, and the academic analysis, Speak of the Devil, confronts religious discrimination to secure the separation of church and state and defend the Constitutional rights of its members. In response to Oklahoma and Arkansas placing a Ten Commandments statue on Capitol grounds, TST offered its bronze Baphomet statue to stand alongside the Christian monuments. TST hosts the "After School Satan" club to counter the Evangelical "Good News Clubs" in public schools across the country to promote a plurality of religious viewpoints. The mission of The Satanic Temple is to encourage benevolence and empathy, reject tyrannical authority, advocate practical common sense, oppose injustice, and undertake noble pursuits for the individual will. For more information about The Satanic Temple, visithttps://thesatanictemple.com/.Media Contact Priya Dua, APR E: [emailprotected] C: (720) 220-5339 SOURCE The Satanic Temple
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edtsum4669
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LOS ANGELES, Feb. 22, 2021 /PRNewswire/ --The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired QuantumScape Corporation ("QuantumScape" or the "Company") (NYSE: QS) securities betweenDecember 8, 2020 and December 31, 2020, inclusive (the "Class Period"). QuantumScape investors have until March 8, 2021 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. On January 4, 2021, an article was published on Seeking Alpha pointing to several risks with QuantumScape's solid-state batteries that make it "completely unacceptable for real world field electric vehicles." Specifically, it stated that the battery's power means it "will only last for 260 cycles or about 75,000 miles of aggressive driving." As solid-state batteries are temperature sensitive, "the power and cycle tests at 30 and 45 degrees above would have been significantly worse if run even a few degrees lower." On this news, the Company's stock price fell $34.49, or approximately 40.84%, to close at $49.96 per share on January 4, 2021, thereby injuring investors. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors (1) that the Company's purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased QuantumScape securities during the Class Period, you may move the Court no later than March 8, 2021 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class.If you purchased QuantumScape securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [emailprotected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. SOURCE The Law Offices of Frank R. Cruz, Los Angeles Related Links frankcruzlaw.com
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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. (QS) Investors Shareholders with $100,000 losses or more are encouraged to contact the firm
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LOS ANGELES, Feb. 22, 2021 /PRNewswire/ --The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired QuantumScape Corporation ("QuantumScape" or the "Company") (NYSE: QS) securities betweenDecember 8, 2020 and December 31, 2020, inclusive (the "Class Period"). QuantumScape investors have until March 8, 2021 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. On January 4, 2021, an article was published on Seeking Alpha pointing to several risks with QuantumScape's solid-state batteries that make it "completely unacceptable for real world field electric vehicles." Specifically, it stated that the battery's power means it "will only last for 260 cycles or about 75,000 miles of aggressive driving." As solid-state batteries are temperature sensitive, "the power and cycle tests at 30 and 45 degrees above would have been significantly worse if run even a few degrees lower." On this news, the Company's stock price fell $34.49, or approximately 40.84%, to close at $49.96 per share on January 4, 2021, thereby injuring investors. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors (1) that the Company's purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased QuantumScape securities during the Class Period, you may move the Court no later than March 8, 2021 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class.If you purchased QuantumScape securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [emailprotected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. SOURCE The Law Offices of Frank R. Cruz, Los Angeles Related Links frankcruzlaw.com
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edtsum4682
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BELLEVUE, Wash.--(BUSINESS WIRE)--Novo Integrated Sciences, Inc. (OTCQB:NVOS) (OTCQB:NVOSD), a provider of multi-dimensional primary healthcare services and products in Canada and the U.S. (the Company"), announced today it has effected a 1-for-10 reverse split of its common stock effective prior to the opening of the market today, Monday, February 1, 2021. Beginning today, the Companys common stock will trade on a post-split basis under the symbol NVOSD. After 20 business days, the common stock will return to trading under the symbol NVOS. As a result of the reverse stock split, the CUSIP number for the Companys common stock has changed. The new CUSIP number for the Companys common stock is 67011T 201. The reverse stock split was implemented by the Company in connection with its application to uplist the Company's common stock to The Nasdaq Capital Market (Nasdaq). The reverse stock split is an action intended to fulfill the stock price requirements for listing on Nasdaq. There can be no assurance, however, that the Company will satisfy other applicable requirements for listing its common stock on Nasdaq or that the Company's application to list its common stock will be approved. As a result of the reverse stock split, every 10 shares of issued and outstanding common stock will be exchanged for one share of common stock, with any fractional shares being rounded up to the next higher whole share. The reverse stock split was approved by the Companys Board of Directors and by stockholders holding a majority of the Companys voting power. About Novo Integrated Sciences, Inc. Novo Integrated Sciences, Inc. is a U.S. based corporation which owns Canadian and U.S. subsidiaries that deliver, or intend to deliver, multidisciplinary primary health care related services and products through the integration of medical technology, advanced therapeutics and rehabilitative science. Currently, the Companys revenue is generated solely through its wholly owned Canadian subsidiary, Novo Healthnet Limited (NHL), which provides services and products through both clinic and eldercare related operations. NHLs team of multidisciplinary primary health care clinicians and practitioners provide assessment, diagnosis, treatment, pain management, rehabilitation, education and primary prevention for a wide array of orthopedic, musculoskeletal, sports injury, and neurological conditions across various demographics including pediatric, adult, and geriatric populations through NHLs 16 corporate-owned clinics, a contracted network of 103 affiliate clinics, and 218 eldercare related long-term care homes, retirement homes, and community-based locations in Canada. Additionally, we continue to expand our patient care philosophy of maintaining an on-going continuous connection with our patient community, beyond the traditional confines of brick-and-mortar facilities, by extending oversight of patient diagnosis, care and monitoring, directly through various Medical Technology Platforms, either in-use or under development. For more information concerning Novo Integrated Sciences, please visit www.novointegrated.com. For more information on NHL, please visit www.novohealthnet.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in Novo Integrated Sciences' filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond Novo Integrated Sciences' control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Novo Integrated Sciences' current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Novo Integrated Sciences assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced in this press release are not incorporated by reference herein.
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Novo Integrated Sciences Effects Reverse Stock Split in Connection with Nasdaq Capital Market Listing Application
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BELLEVUE, Wash.--(BUSINESS WIRE)--Novo Integrated Sciences, Inc. (OTCQB:NVOS) (OTCQB:NVOSD), a provider of multi-dimensional primary healthcare services and products in Canada and the U.S. (the Company"), announced today it has effected a 1-for-10 reverse split of its common stock effective prior to the opening of the market today, Monday, February 1, 2021. Beginning today, the Companys common stock will trade on a post-split basis under the symbol NVOSD. After 20 business days, the common stock will return to trading under the symbol NVOS. As a result of the reverse stock split, the CUSIP number for the Companys common stock has changed. The new CUSIP number for the Companys common stock is 67011T 201. The reverse stock split was implemented by the Company in connection with its application to uplist the Company's common stock to The Nasdaq Capital Market (Nasdaq). The reverse stock split is an action intended to fulfill the stock price requirements for listing on Nasdaq. There can be no assurance, however, that the Company will satisfy other applicable requirements for listing its common stock on Nasdaq or that the Company's application to list its common stock will be approved. As a result of the reverse stock split, every 10 shares of issued and outstanding common stock will be exchanged for one share of common stock, with any fractional shares being rounded up to the next higher whole share. The reverse stock split was approved by the Companys Board of Directors and by stockholders holding a majority of the Companys voting power. About Novo Integrated Sciences, Inc. Novo Integrated Sciences, Inc. is a U.S. based corporation which owns Canadian and U.S. subsidiaries that deliver, or intend to deliver, multidisciplinary primary health care related services and products through the integration of medical technology, advanced therapeutics and rehabilitative science. Currently, the Companys revenue is generated solely through its wholly owned Canadian subsidiary, Novo Healthnet Limited (NHL), which provides services and products through both clinic and eldercare related operations. NHLs team of multidisciplinary primary health care clinicians and practitioners provide assessment, diagnosis, treatment, pain management, rehabilitation, education and primary prevention for a wide array of orthopedic, musculoskeletal, sports injury, and neurological conditions across various demographics including pediatric, adult, and geriatric populations through NHLs 16 corporate-owned clinics, a contracted network of 103 affiliate clinics, and 218 eldercare related long-term care homes, retirement homes, and community-based locations in Canada. Additionally, we continue to expand our patient care philosophy of maintaining an on-going continuous connection with our patient community, beyond the traditional confines of brick-and-mortar facilities, by extending oversight of patient diagnosis, care and monitoring, directly through various Medical Technology Platforms, either in-use or under development. For more information concerning Novo Integrated Sciences, please visit www.novointegrated.com. For more information on NHL, please visit www.novohealthnet.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in Novo Integrated Sciences' filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond Novo Integrated Sciences' control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Novo Integrated Sciences' current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Novo Integrated Sciences assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced in this press release are not incorporated by reference herein.
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edtsum4694
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: VANCOUVER, Wash., July 9, 2020 /PRNewswire/ --Northwest Pipe Company (Nasdaq: NWPX), an industry leader of engineered pipeline systems for water infrastructure, today announced the addition of Amanda Kulesa to its Board of Directors. On July 7, 2020, the Company's Board of Directors elected Ms. Kulesa to the Board as an independent director in accordance with Company guidelines, and appointed her to the Board's Nominating and Governance Committee. Ms. Kulesa is a senior partner of Somerville Partners in Denver, Colorado, which specializes in management and organizational psychology. Ms. Kulesa has 19 years of experience working with Global 500 organizations providing directors and senior level executives with an understanding of how to maximize leadership effectiveness and build value creation through long term strategic planning. Ms. Kulesa holds a PH.D. and M.A. in Industrial Psychology from Bowling Green State University and obtained her undergraduate degree from The University of Colorado, Boulder. "We are very pleased to have Amanda joining our Board of Directors," said Scott Montross President and Chief Executive Officer of Northwest Pipe Company. "Her skills in organizational development will be essential as we continue on our path of growing the Company." About Northwest Pipe Company Founded in 1966, Northwest Pipe Company is the largest manufacturer of engineered steel water pipeline systems in North America. The Company produces high-quality engineered steel water pipe, bar-wrapped concrete cylinder pipe, Permalok steel casing pipe, precast and reinforced concrete products through Geneva Pipe and Precast, as well as custom linings, coatings, joints, and one of the largest offerings of fittings and specialized components in North America. Northwest Pipe Company provides solution-based products for a wide range of markets including water transmission and infrastructure, water and wastewater plant piping, trenchless technology, and piping rehabilitation. Strategically positioned to meet growing water and wastewater infrastructure needs, the Company is headquartered in Vancouver, Washington, and has manufacturing facilities across North America. Please visit www.nwpipe.com for more information. SOURCE Northwest Pipe Company Related Links www.nwpipe.com
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Northwest Pipe Company Elects Amanda Kulesa to its Board of Directors Addition to the Board expected to enhance overall organizational development and leadership
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VANCOUVER, Wash., July 9, 2020 /PRNewswire/ --Northwest Pipe Company (Nasdaq: NWPX), an industry leader of engineered pipeline systems for water infrastructure, today announced the addition of Amanda Kulesa to its Board of Directors. On July 7, 2020, the Company's Board of Directors elected Ms. Kulesa to the Board as an independent director in accordance with Company guidelines, and appointed her to the Board's Nominating and Governance Committee. Ms. Kulesa is a senior partner of Somerville Partners in Denver, Colorado, which specializes in management and organizational psychology. Ms. Kulesa has 19 years of experience working with Global 500 organizations providing directors and senior level executives with an understanding of how to maximize leadership effectiveness and build value creation through long term strategic planning. Ms. Kulesa holds a PH.D. and M.A. in Industrial Psychology from Bowling Green State University and obtained her undergraduate degree from The University of Colorado, Boulder. "We are very pleased to have Amanda joining our Board of Directors," said Scott Montross President and Chief Executive Officer of Northwest Pipe Company. "Her skills in organizational development will be essential as we continue on our path of growing the Company." About Northwest Pipe Company Founded in 1966, Northwest Pipe Company is the largest manufacturer of engineered steel water pipeline systems in North America. The Company produces high-quality engineered steel water pipe, bar-wrapped concrete cylinder pipe, Permalok steel casing pipe, precast and reinforced concrete products through Geneva Pipe and Precast, as well as custom linings, coatings, joints, and one of the largest offerings of fittings and specialized components in North America. Northwest Pipe Company provides solution-based products for a wide range of markets including water transmission and infrastructure, water and wastewater plant piping, trenchless technology, and piping rehabilitation. Strategically positioned to meet growing water and wastewater infrastructure needs, the Company is headquartered in Vancouver, Washington, and has manufacturing facilities across North America. Please visit www.nwpipe.com for more information. SOURCE Northwest Pipe Company Related Links www.nwpipe.com
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edtsum4696
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CHADDS FORD, Penn., Oct. 7, 2020 /PRNewswire/ -- Fundamental Underwriters, a specialty managing general underwriter, announced today that it will expand its mid-market commercial trucking insurance product offerings into nine additional states including Idaho, Montana, Utah, Arizona, North Dakota, South Dakota, West Virginia, Mississippi and Delaware. This announcement reflects the continued expansion of the Fundamental Underwriter's footprint to 27 states throughout the U.S. Previously, the company wrote insurance in Alabama, Arkansas, Colorado, Georgia, Iowa, Illinois, Indiana, Missouri, Nebraska, New Jersey, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia and Washington. "With underwriting, claims, and loss control capabilities that are unparalleled, our goal is to keep our customers at the center of everything we do," said Abel Travis, vice president, Fundamental Underwriters. "Today, we're excited to further strengthen our national presence by offering this same exceptional service to even more customers." About Fundamental Underwriters Fundamental Underwriters is a division of AF Group and its subsidiaries. Insurance policies are issued by Third Coast Insurance Company. For more information, visit FundamentalUW.com. Contact: Bob Lapinski(312) 443-9819 or (517) 331-4890[emailprotected]AFGroup.com SOURCE AF Group Related Links https://www.afgroup.com/
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Fundamental Underwriters Expands Into Nine Additional States
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CHADDS FORD, Penn., Oct. 7, 2020 /PRNewswire/ -- Fundamental Underwriters, a specialty managing general underwriter, announced today that it will expand its mid-market commercial trucking insurance product offerings into nine additional states including Idaho, Montana, Utah, Arizona, North Dakota, South Dakota, West Virginia, Mississippi and Delaware. This announcement reflects the continued expansion of the Fundamental Underwriter's footprint to 27 states throughout the U.S. Previously, the company wrote insurance in Alabama, Arkansas, Colorado, Georgia, Iowa, Illinois, Indiana, Missouri, Nebraska, New Jersey, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia and Washington. "With underwriting, claims, and loss control capabilities that are unparalleled, our goal is to keep our customers at the center of everything we do," said Abel Travis, vice president, Fundamental Underwriters. "Today, we're excited to further strengthen our national presence by offering this same exceptional service to even more customers." About Fundamental Underwriters Fundamental Underwriters is a division of AF Group and its subsidiaries. Insurance policies are issued by Third Coast Insurance Company. For more information, visit FundamentalUW.com. Contact: Bob Lapinski(312) 443-9819 or (517) 331-4890[emailprotected]AFGroup.com SOURCE AF Group Related Links https://www.afgroup.com/
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edtsum4698
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO, June 4, 2020 /PRNewswire/ --Kong Inc., the leading cloud connectivity company, today announced that The Motley Fool, a financial and investing services company, has selected Kong Enterprise to help accelerate its transition to microservice architectures and reduce time to market for mission-critical services. Continue Reading Kong Inc. Logo Kong's service control platform powered by intelligent automation will enable The Motley Fool to seamlessly proxy hundreds of services and billions of API calls annually across its organization. By adopting a modern API management approach, the company will be able to reduce latency, accelerate development cycles, automate API documentation and improve the developer experience. The Motley Fool helps millions of people attain financial freedom through its website, podcasts, books, newspaper column, radio show and investing services.To achieve its mission to make the world smarter, happier and richer, the company wants to increase market penetration in the financial information space. This requires a breadth of high-quality content and reliable underlying technology to enable user consumption across digital channels. "The increasing demand for extensive custom development for various services significantly delayed our time to market and put a huge strain on our developer team," said Nick Travis, site operations tech lead at The Motley Fool. "Kong Enterprise's lightweight, plugin-based architecture, combined with its deployment flexibility across cloud, on-premise and hybrid environments as well as Kubernetes, has helped our team reduce custom development by leveraging out-of-the-box policies and streamline development cycles overall. Thanks to Kong and its Kubernetes-native approach, we are positioned to reduce time to market while still ensuring a high-quality experience for our consumers."Built on Kong's core open source technology, Kong Enterprise is an end-to-end API and service lifecycle management platform that enables organizations to effectively secure, connect and orchestrate their APIs and services. Designed for the modern era of software development including microservices, service mesh, serverless and other emerging architectures, Kong's API platform acts as the nervous system of the cloud intelligently connecting all of a company's APIs and microservices natively within and across clouds, Kubernetes, data centers and more. This helps developer teams create scalable, microservice-driven applications that drive business growth."Organizations across all industries are increasingly recognizing the need to innovate and move to microservices-based architectures in order to stay competitive in today's rapidly changing business landscape," said Augusto Marietti, CEO and co-founder of Kong. "Kong helps innovators like The Motley Fool modernize their digital efforts, stay ahead of the curve and drive business impact that matters."About Kong Inc.Kong creates software that connects APIs and microservices natively across and within clouds, Kubernetes, data centers and more using intelligent automation. Built on an open source core, Kong's solutions enable digital innovation by allowing organizations to reliably and securely manage the full lifecycle of APIs and services for modern architectures including microservices, serverless and service mesh. By providing developer teams with unprecedented architectural freedom, Kong accelerates innovation cycles, increases productivity, and seamlessly bridges legacy and modern systems and applications. For more information about Kong,please visit konghq.comor follow @thekongincon Twitter.Media Contacts: Pauline Louie, Kong, 415-754-9283, [emailprotected]Jill Reed, Sift Communications for Kong, [emailprotected]SOURCE Kong Inc.
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The Motley Fool Taps Kong to Accelerate Journey to Microservices and Kubernetes Kong Enterprise Modernizes API Management to Improve Development Cycles and Reduce Time to Market
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SAN FRANCISCO, June 4, 2020 /PRNewswire/ --Kong Inc., the leading cloud connectivity company, today announced that The Motley Fool, a financial and investing services company, has selected Kong Enterprise to help accelerate its transition to microservice architectures and reduce time to market for mission-critical services. Continue Reading Kong Inc. Logo Kong's service control platform powered by intelligent automation will enable The Motley Fool to seamlessly proxy hundreds of services and billions of API calls annually across its organization. By adopting a modern API management approach, the company will be able to reduce latency, accelerate development cycles, automate API documentation and improve the developer experience. The Motley Fool helps millions of people attain financial freedom through its website, podcasts, books, newspaper column, radio show and investing services.To achieve its mission to make the world smarter, happier and richer, the company wants to increase market penetration in the financial information space. This requires a breadth of high-quality content and reliable underlying technology to enable user consumption across digital channels. "The increasing demand for extensive custom development for various services significantly delayed our time to market and put a huge strain on our developer team," said Nick Travis, site operations tech lead at The Motley Fool. "Kong Enterprise's lightweight, plugin-based architecture, combined with its deployment flexibility across cloud, on-premise and hybrid environments as well as Kubernetes, has helped our team reduce custom development by leveraging out-of-the-box policies and streamline development cycles overall. Thanks to Kong and its Kubernetes-native approach, we are positioned to reduce time to market while still ensuring a high-quality experience for our consumers."Built on Kong's core open source technology, Kong Enterprise is an end-to-end API and service lifecycle management platform that enables organizations to effectively secure, connect and orchestrate their APIs and services. Designed for the modern era of software development including microservices, service mesh, serverless and other emerging architectures, Kong's API platform acts as the nervous system of the cloud intelligently connecting all of a company's APIs and microservices natively within and across clouds, Kubernetes, data centers and more. This helps developer teams create scalable, microservice-driven applications that drive business growth."Organizations across all industries are increasingly recognizing the need to innovate and move to microservices-based architectures in order to stay competitive in today's rapidly changing business landscape," said Augusto Marietti, CEO and co-founder of Kong. "Kong helps innovators like The Motley Fool modernize their digital efforts, stay ahead of the curve and drive business impact that matters."About Kong Inc.Kong creates software that connects APIs and microservices natively across and within clouds, Kubernetes, data centers and more using intelligent automation. Built on an open source core, Kong's solutions enable digital innovation by allowing organizations to reliably and securely manage the full lifecycle of APIs and services for modern architectures including microservices, serverless and service mesh. By providing developer teams with unprecedented architectural freedom, Kong accelerates innovation cycles, increases productivity, and seamlessly bridges legacy and modern systems and applications. For more information about Kong,please visit konghq.comor follow @thekongincon Twitter.Media Contacts: Pauline Louie, Kong, 415-754-9283, [emailprotected]Jill Reed, Sift Communications for Kong, [emailprotected]SOURCE Kong Inc.
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edtsum4704
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: TOTOWA, N.J., June 10, 2020 /PRNewswire/ --TheSenior Companyis meeting the demand for private senior home care that has increased steadily in the wake of the pandemic. Many people in Newark are choosing home health aides for their loved ones because long-term care facilities are an ideal breeding ground for viruses. Home care is extremely effective in minimizing the spread of the virus.The Senior Company has played a critical role in keeping seniors in Newark safe, decreasing hospital admissions and helping to contain the spread of the virus by providing specialized home care. Continue Reading The Senior Company With a number of people following social distancing protocols for the foreseeable future, some seniors lack the in-person attention of family members. The Senior Company bridges this gap by tending to seniors' daily needs to ensure they will not go without anything. The skilled home health aides at The Senior Company also possess the expertise to care for seniors who have dementia and incontinence issues. Caregivers are qualified to administer the following services: Bathing and dressing Grooming Housekeeping Errands Monitoring vital signs Providing feeding tube support Meal assistance Managing medication on a weekly basis Caring for wounds Providing catheter support Administering IV therapy and injections Providing hospice care support Hospital transfers Dementia support Incontinence care The Senior Company offers part-time care, around-the-clock live-in care, temporary care and permanent care for seniors. Staff customize care plans to each patient's individual needs and meticulously review each plan to facilitate a comfortable and seamless transition into the company's services."From the very beginning, our mission has been to help seniors remain in their homes and live independently for a longer period of time. The importance of the services we provide in Newark has risen due to recent events. We take the well-being of seniors, especially during this uncertain time, very seriously. Our home health aides are the best in the business and have been trained to provide world-class care to every single senior," said Calvin Bynum, Executive Director at The Senior Company.Learn More The Senior Company's ServicesAbout The Senior CompanyThe Senior Companyis a trusted New Jersey home health care agency that provides 24/7 home care services for the elderly. As a full-service New Jersey Home Health Care Agency, The Senior Company specializes in providing support for seniors who may need full-time home care assistance, live-in home care assistance or part-time home care assistance at home or in a facility after transitioning from the Hospital or Skilled Nursing Facility in their local area.The Senior Company is a Dual Licensed, Dual Accredited, Bonded & Insured Certified Home Health Care & Certified Help Firm practicing in the North New Jersey area. The Senior Company provides Personal Care as well as Skilled Nursing Care services that are available to help seniors and families who are in need of assistance with activities of daily living. Some of these "ADLs" include bathing, toileting, dressing, light housekeeping, meal preparation, errands, hospice care and other personalized hourly or live-in home care services.The Senior Company is accredited by the Commission on Accreditation for Home Care for meeting the industry's highest recognized standards of care in The State of New Jersey.Contact:The Senior CompanyTotowa: 973-355-6336Hackensack: 201-355-5209Related Imagesimage1.png SOURCE The Senior Company Related Links https://theseniorcompany.com
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The Senior Company Meets the Increasing Demand for Private Senior Home Care in Newark
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TOTOWA, N.J., June 10, 2020 /PRNewswire/ --TheSenior Companyis meeting the demand for private senior home care that has increased steadily in the wake of the pandemic. Many people in Newark are choosing home health aides for their loved ones because long-term care facilities are an ideal breeding ground for viruses. Home care is extremely effective in minimizing the spread of the virus.The Senior Company has played a critical role in keeping seniors in Newark safe, decreasing hospital admissions and helping to contain the spread of the virus by providing specialized home care. Continue Reading The Senior Company With a number of people following social distancing protocols for the foreseeable future, some seniors lack the in-person attention of family members. The Senior Company bridges this gap by tending to seniors' daily needs to ensure they will not go without anything. The skilled home health aides at The Senior Company also possess the expertise to care for seniors who have dementia and incontinence issues. Caregivers are qualified to administer the following services: Bathing and dressing Grooming Housekeeping Errands Monitoring vital signs Providing feeding tube support Meal assistance Managing medication on a weekly basis Caring for wounds Providing catheter support Administering IV therapy and injections Providing hospice care support Hospital transfers Dementia support Incontinence care The Senior Company offers part-time care, around-the-clock live-in care, temporary care and permanent care for seniors. Staff customize care plans to each patient's individual needs and meticulously review each plan to facilitate a comfortable and seamless transition into the company's services."From the very beginning, our mission has been to help seniors remain in their homes and live independently for a longer period of time. The importance of the services we provide in Newark has risen due to recent events. We take the well-being of seniors, especially during this uncertain time, very seriously. Our home health aides are the best in the business and have been trained to provide world-class care to every single senior," said Calvin Bynum, Executive Director at The Senior Company.Learn More The Senior Company's ServicesAbout The Senior CompanyThe Senior Companyis a trusted New Jersey home health care agency that provides 24/7 home care services for the elderly. As a full-service New Jersey Home Health Care Agency, The Senior Company specializes in providing support for seniors who may need full-time home care assistance, live-in home care assistance or part-time home care assistance at home or in a facility after transitioning from the Hospital or Skilled Nursing Facility in their local area.The Senior Company is a Dual Licensed, Dual Accredited, Bonded & Insured Certified Home Health Care & Certified Help Firm practicing in the North New Jersey area. The Senior Company provides Personal Care as well as Skilled Nursing Care services that are available to help seniors and families who are in need of assistance with activities of daily living. Some of these "ADLs" include bathing, toileting, dressing, light housekeeping, meal preparation, errands, hospice care and other personalized hourly or live-in home care services.The Senior Company is accredited by the Commission on Accreditation for Home Care for meeting the industry's highest recognized standards of care in The State of New Jersey.Contact:The Senior CompanyTotowa: 973-355-6336Hackensack: 201-355-5209Related Imagesimage1.png SOURCE The Senior Company Related Links https://theseniorcompany.com
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edtsum4706
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: AUBURN HILLS, Mich., Jan. 19, 2021 /PRNewswire/ --Stellantis is establishing an efficient governance from day one with the appointment of the top executive team, together with the nine dedicated committees covering company-wide performance and strategy.* Carlos Tavares, CEO of Stellantis, said: "This highly competitive, committed and well-balanced team will leverage its combined skills and diverse backgrounds to guide Stellantis to become a great company." *Strategy Council, Business Review, Global Program Committee, Industrial Committee, Allocations Committee, Region Committee, Brand Committee, Styling Review, Brand Review Chief Executive Officer - Carlos Tavares Strategic and Performance: Head of Americas: Mike Manley Global Corporate Office:Silvia Vernetti Chief Performance Officer:Emmanuel Delay Chief Software Officer:Yves Bonnefont Chief Affiliates Officer: Philippe de Rovira(sales finance, used cars, parts and service, retail network) Region Chief Operating Officers: Enlarged Europe:Maxime Picat Deputy: Davide Mele Eurasia:Xavier Duchemin North America:Mark Stewart South America:Antonio Filosa Middle East and Africa:Samir Cherfan China: Grgoire Olivier (interim, in charge of DPCA) India and Asia Pacific:Carl Smiley Asean:Christophe Musy Brand Chief Executive OfficersGlobal SUV: Jeep: Christian Meunier, Synergies Referent American Brands: Chrysler: Timothy Kuniskis, Interim Dodge:Timothy Kuniskis, Synergies Referent Ram:Mike Koval Core: Citron: Vincent Cobee Fiat andAbarth:Olivier Francois, Synergies Referent and Global Chief Marketing Officer Upper mainstream: Opel and Vauxhall:Michael Lohscheller Peugeot:Linda Jackson, Synergies Referent Premium: Alfa Romeo:Jean-Philippe Imparato, SynergiesReferent DS:Batrice Foucher Lancia:Luca Napolitano Luxury: Maserati:Davide Grasso Mobility: Free2Move:Brigitte Courtehoux Leasys:Giacomo Carelli Global Function Chief Officers: Finance:Richard Palmer Human Resources and Transformation:Xavier Chereau General Counsel:Giorgio Fossati Planning:Olivier Bourges Purchasing and Supply Chain:Michelle Wen Manufacturing:Arnaud Deboeuf Design: Ralph Gilles (Chrysler/ Dodge/ Jeep/ Ram/ Maserati / FIAT Latin America) Jean-Pierre Ploue (Abarth/ AlfaRomeo/ Citroen/ DS / FIAT Europe / Lancia/ Opel/ Peugeot/ Vauxhall) Engineering:Harald Wester Deputy:Patrice Lucas Cross Car Line and Project Engineering Deputy:Nicolas Morel CTO: (to be defined) Sales and Marketing:Thierry Koskas Customer Experience:Richard Schwarzwald Deputy: Jean-Christophe Quemard Communication and CSR:Bertrand Blaise Link to profiles: https://www.stellantis.com/content/dam/stellantis-corporate/group/governance/leadership/bio/eng/Profiles_Stellantis_Global_VFinal.pdf StellantisStellantis is one of the world's leading automakers and a mobility provider, guided by a clear vision: to offer freedom of movement with distinctive, affordable and reliable mobility solutions. In addition to the Group's rich heritage and broad geographic presence, its greatest strengths lie in its sustainable performance, depth of experience and the wide-ranging talents of employees working around the globe. Stellantis will leverage its broad and iconic brand portfolio, which was founded by visionaries who infused the marques with passion and a competitive spirit that speaks to employees and customers alike. Stellantis aspires to become the greatest, not the biggest while creating added value for all stakeholders as well as the communities in which it operates. FORWARD-LOOKING STATEMENTSThis communication contains forward-looking statements. In particular, these forward-looking statements include statements regarding future financial performance and the expectations of the combined group (the "Group") resulting from the merger of FCA and Groupe PSA as to the achievement of certain targeted metrics at any future date or for any future period are forward-looking statements. These statements may include terms such as "may", "will", "expect", "could", "should", "intend", "estimate", "anticipate", "believe", "remain", "on track", "design", "target", "objective", "goal", "forecast", "projection", "outlook", "prospects", "plan", or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on the Group's current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the impact of the COVID-19 pandemic, the ability of the Group to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; changes in local economic and political conditions, changes in trade policy and the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; the Group's ability to expand certain of their brands globally; its ability to offer innovative, attractive products; its ability to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the intense level of competition in the automotive industry, which may increase due to consolidation; exposure to shortfalls in the funding of the Group's defined benefit pension plans; the ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the establishment and operations of financial services companies; the ability to access funding to execute the Group's business plans and improve their businesses, financial condition and results of operations; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in the Group's vehicles; the Group's ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with our relationships with employees, dealers and suppliers; increases in costs, disruptions of supply or shortages of raw materials; developments in labor and industrial relations and developments in applicable labor laws; exchange rate fluctuations, interest rate changes, credit risk and other market risks; political and civil unrest; earthquakes or other disasters; the risk that the operations of Groupe PSA and FCA will not be integrated successfully and other risks and uncertainties. Any forward-looking statements contained in this communication speak only as of the date of this document and the Group disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning the Group and its businesses, including factors that could materially affect the Group's financial results, are included in FCA's reports and filings with the U.S. Securities and Exchange Commission,(including the registration statement on Form F-4 that was declared effective by the SEC on November 20, 2020)the AFM and CONSOB and PSA's filings with the AMF. SOURCE Stellantis
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Appointment of the Top Executive Team to Steer Stellantis
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AUBURN HILLS, Mich., Jan. 19, 2021 /PRNewswire/ --Stellantis is establishing an efficient governance from day one with the appointment of the top executive team, together with the nine dedicated committees covering company-wide performance and strategy.* Carlos Tavares, CEO of Stellantis, said: "This highly competitive, committed and well-balanced team will leverage its combined skills and diverse backgrounds to guide Stellantis to become a great company." *Strategy Council, Business Review, Global Program Committee, Industrial Committee, Allocations Committee, Region Committee, Brand Committee, Styling Review, Brand Review Chief Executive Officer - Carlos Tavares Strategic and Performance: Head of Americas: Mike Manley Global Corporate Office:Silvia Vernetti Chief Performance Officer:Emmanuel Delay Chief Software Officer:Yves Bonnefont Chief Affiliates Officer: Philippe de Rovira(sales finance, used cars, parts and service, retail network) Region Chief Operating Officers: Enlarged Europe:Maxime Picat Deputy: Davide Mele Eurasia:Xavier Duchemin North America:Mark Stewart South America:Antonio Filosa Middle East and Africa:Samir Cherfan China: Grgoire Olivier (interim, in charge of DPCA) India and Asia Pacific:Carl Smiley Asean:Christophe Musy Brand Chief Executive OfficersGlobal SUV: Jeep: Christian Meunier, Synergies Referent American Brands: Chrysler: Timothy Kuniskis, Interim Dodge:Timothy Kuniskis, Synergies Referent Ram:Mike Koval Core: Citron: Vincent Cobee Fiat andAbarth:Olivier Francois, Synergies Referent and Global Chief Marketing Officer Upper mainstream: Opel and Vauxhall:Michael Lohscheller Peugeot:Linda Jackson, Synergies Referent Premium: Alfa Romeo:Jean-Philippe Imparato, SynergiesReferent DS:Batrice Foucher Lancia:Luca Napolitano Luxury: Maserati:Davide Grasso Mobility: Free2Move:Brigitte Courtehoux Leasys:Giacomo Carelli Global Function Chief Officers: Finance:Richard Palmer Human Resources and Transformation:Xavier Chereau General Counsel:Giorgio Fossati Planning:Olivier Bourges Purchasing and Supply Chain:Michelle Wen Manufacturing:Arnaud Deboeuf Design: Ralph Gilles (Chrysler/ Dodge/ Jeep/ Ram/ Maserati / FIAT Latin America) Jean-Pierre Ploue (Abarth/ AlfaRomeo/ Citroen/ DS / FIAT Europe / Lancia/ Opel/ Peugeot/ Vauxhall) Engineering:Harald Wester Deputy:Patrice Lucas Cross Car Line and Project Engineering Deputy:Nicolas Morel CTO: (to be defined) Sales and Marketing:Thierry Koskas Customer Experience:Richard Schwarzwald Deputy: Jean-Christophe Quemard Communication and CSR:Bertrand Blaise Link to profiles: https://www.stellantis.com/content/dam/stellantis-corporate/group/governance/leadership/bio/eng/Profiles_Stellantis_Global_VFinal.pdf StellantisStellantis is one of the world's leading automakers and a mobility provider, guided by a clear vision: to offer freedom of movement with distinctive, affordable and reliable mobility solutions. In addition to the Group's rich heritage and broad geographic presence, its greatest strengths lie in its sustainable performance, depth of experience and the wide-ranging talents of employees working around the globe. Stellantis will leverage its broad and iconic brand portfolio, which was founded by visionaries who infused the marques with passion and a competitive spirit that speaks to employees and customers alike. Stellantis aspires to become the greatest, not the biggest while creating added value for all stakeholders as well as the communities in which it operates. FORWARD-LOOKING STATEMENTSThis communication contains forward-looking statements. In particular, these forward-looking statements include statements regarding future financial performance and the expectations of the combined group (the "Group") resulting from the merger of FCA and Groupe PSA as to the achievement of certain targeted metrics at any future date or for any future period are forward-looking statements. These statements may include terms such as "may", "will", "expect", "could", "should", "intend", "estimate", "anticipate", "believe", "remain", "on track", "design", "target", "objective", "goal", "forecast", "projection", "outlook", "prospects", "plan", or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on the Group's current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the impact of the COVID-19 pandemic, the ability of the Group to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; changes in local economic and political conditions, changes in trade policy and the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; the Group's ability to expand certain of their brands globally; its ability to offer innovative, attractive products; its ability to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the intense level of competition in the automotive industry, which may increase due to consolidation; exposure to shortfalls in the funding of the Group's defined benefit pension plans; the ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the establishment and operations of financial services companies; the ability to access funding to execute the Group's business plans and improve their businesses, financial condition and results of operations; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in the Group's vehicles; the Group's ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with our relationships with employees, dealers and suppliers; increases in costs, disruptions of supply or shortages of raw materials; developments in labor and industrial relations and developments in applicable labor laws; exchange rate fluctuations, interest rate changes, credit risk and other market risks; political and civil unrest; earthquakes or other disasters; the risk that the operations of Groupe PSA and FCA will not be integrated successfully and other risks and uncertainties. Any forward-looking statements contained in this communication speak only as of the date of this document and the Group disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning the Group and its businesses, including factors that could materially affect the Group's financial results, are included in FCA's reports and filings with the U.S. Securities and Exchange Commission,(including the registration statement on Form F-4 that was declared effective by the SEC on November 20, 2020)the AFM and CONSOB and PSA's filings with the AMF. SOURCE Stellantis
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edtsum4714
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: EWING, N.J., Nov. 23, 2020 /PRNewswire/ --GS1 UShas appointed the following executives to the GS1 US Board of Governors: Charles Schafer, Ph.D., engineering director, Google; and Yossi Zomet, vice president, product and engineering, eBay, Inc. The new Board members will help guide the GS1 US strategy to support members' use of GS1 Standards for e-commerce, supply chain visibility and product traceability and to help meet growing consumer demand for detailed and accurate product information. They join a cross-industry Board of Governors representing companies in apparel, general merchandise, retail grocery, foodservice and healthcare. "The expertise of these executives, coming from two of the world's most innovative companies in digital technology and e-commerce, will be instrumental as we continue to support our members with their digital transformation initiatives," said Bob Carpenter, president and CEO, GS1 US. "We welcome the opportunity to collaborate with Charles and Yossi and leverage their perspectives on digital data, e-commerce and retail supply chains as we refine our strategy and serve the evolving needs of industry." Charles Schafer leads engineering for Google's catalog of product data, where he has worked on a variety of projects around e-commerce data since joining Google in 2006. Dr. Schafer received a Ph.D. in computer science from Johns Hopkins University, where he was a member of the Center for Language and Speech Processing. Yossi Zomet has end-to-end responsibility for eBay's global structured data team, including its catalog and item classification effort across product, engineering and analytics. Previously, he was vice president, product and engineering at eBay and also worked at Facebook in the company's Knowledge Graph and Ads group. Mr. Zomet began his career in Israel with an e-commerce start-up, Shopping.com, which was later acquired by eBay. The GS1 US Board of Governors includes executives from 20 leading organizations, including: The Coca-Cola Company; Dot Foods, Inc.; eBay, Inc.; Google Store; The J.M. Smucker Company; Johnson & Johnson Supply Chain; Massachusetts Institute of Technology; PepsiCo; The Procter & Gamble Company; Publix, Inc.; PVH Corp.; Royal College of Physicians and Surgeons of Canada; Sysco Corporation; Target; Topco Associates LLC; Wakefern Food Corp.; Walmart; Wegmans Food Markets, Inc. and Wendy's Quality Supply Chain Co-op, Inc. The full list is available atwww.gs1us.org/about-gs1-us/corporate/board-of-governors. For more information about GS1 US, visit www.gs1us.org. About GS1 USGS1 US, a member of GS1 global, is a not-for-profit information standards organization that facilitates industry collaboration to help improve supply chain visibility and efficiency through the use of GS1 Standards, the most widely used supply chain standards system in the world. Nearly 300,000 businesses in 25 industries rely on GS1 US for trading partner collaboration that optimizes their supply chains, drives cost performance and revenue growth, while also enabling regulatory compliance. They achieve these benefits through solutions based on GS1 global unique numbering and identification systems, barcodes, Electronic Product Code (EPC)-based RFID, data synchronization, and electronic information exchange. GS1 US also manages the United Nations Standard Products and Services Code(UNSPSC). SOURCE GS1 US Related Links http://www.gs1us.org
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Executives From Google and eBay Join GS1 US Board of Governors Industry Leaders to Help Guide GS1 US Strategy to Support Members' Digital Transformation Efforts
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EWING, N.J., Nov. 23, 2020 /PRNewswire/ --GS1 UShas appointed the following executives to the GS1 US Board of Governors: Charles Schafer, Ph.D., engineering director, Google; and Yossi Zomet, vice president, product and engineering, eBay, Inc. The new Board members will help guide the GS1 US strategy to support members' use of GS1 Standards for e-commerce, supply chain visibility and product traceability and to help meet growing consumer demand for detailed and accurate product information. They join a cross-industry Board of Governors representing companies in apparel, general merchandise, retail grocery, foodservice and healthcare. "The expertise of these executives, coming from two of the world's most innovative companies in digital technology and e-commerce, will be instrumental as we continue to support our members with their digital transformation initiatives," said Bob Carpenter, president and CEO, GS1 US. "We welcome the opportunity to collaborate with Charles and Yossi and leverage their perspectives on digital data, e-commerce and retail supply chains as we refine our strategy and serve the evolving needs of industry." Charles Schafer leads engineering for Google's catalog of product data, where he has worked on a variety of projects around e-commerce data since joining Google in 2006. Dr. Schafer received a Ph.D. in computer science from Johns Hopkins University, where he was a member of the Center for Language and Speech Processing. Yossi Zomet has end-to-end responsibility for eBay's global structured data team, including its catalog and item classification effort across product, engineering and analytics. Previously, he was vice president, product and engineering at eBay and also worked at Facebook in the company's Knowledge Graph and Ads group. Mr. Zomet began his career in Israel with an e-commerce start-up, Shopping.com, which was later acquired by eBay. The GS1 US Board of Governors includes executives from 20 leading organizations, including: The Coca-Cola Company; Dot Foods, Inc.; eBay, Inc.; Google Store; The J.M. Smucker Company; Johnson & Johnson Supply Chain; Massachusetts Institute of Technology; PepsiCo; The Procter & Gamble Company; Publix, Inc.; PVH Corp.; Royal College of Physicians and Surgeons of Canada; Sysco Corporation; Target; Topco Associates LLC; Wakefern Food Corp.; Walmart; Wegmans Food Markets, Inc. and Wendy's Quality Supply Chain Co-op, Inc. The full list is available atwww.gs1us.org/about-gs1-us/corporate/board-of-governors. For more information about GS1 US, visit www.gs1us.org. About GS1 USGS1 US, a member of GS1 global, is a not-for-profit information standards organization that facilitates industry collaboration to help improve supply chain visibility and efficiency through the use of GS1 Standards, the most widely used supply chain standards system in the world. Nearly 300,000 businesses in 25 industries rely on GS1 US for trading partner collaboration that optimizes their supply chains, drives cost performance and revenue growth, while also enabling regulatory compliance. They achieve these benefits through solutions based on GS1 global unique numbering and identification systems, barcodes, Electronic Product Code (EPC)-based RFID, data synchronization, and electronic information exchange. GS1 US also manages the United Nations Standard Products and Services Code(UNSPSC). SOURCE GS1 US Related Links http://www.gs1us.org
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edtsum4718
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO--(BUSINESS WIRE)--Lob, the leading direct mail platform, today announced a new native integration for direct mail automation on the Salesforce AppExchange. Using the integration, Salesforce customers can now easily trigger sending personalized letters, postcards and checks at scale without ever having to leave their Salesforce environments. The Lob integration turns direct mail into an on-demand channel connected to actions, reporting and attribution directly within the CRM. Salesforce users can achieve dramatic cost savings with the integration, while significantly improving data quality and mail delivery tracking. Lob estimates that embedding its platform into any direct mail workflow reduces execution time by 95% from 90 days to less than a day. Automation also makes direct mail interactions more dynamic which leads to significantly higher ROI. Some of Lobs customers are seeing a 20% increase in consumer retention through timely personalization of their direct mail communications. We had been assessing mailer options for a long time, and this integration had everything we needed, said Joey Bellucco, system administrator at Prospect Home Finance, a San Diego mortgage broker. Integrating directly with our Salesforce data allows us to use automations to create records and send mail whenever we like. The integration has saved us a good deal of time and money. Previously, users couldnt program and control end-to-end direct mail production from within their Salesforce environments. Instead, they had to export or integrate their data with external systems, which was a lengthy, complex and manual undertaking. Lobs out-of-the-box integration fully automates this entire process and natively connects Lobs Direct Mail platform to Salesforce, saving customers thousands of hours in processing time. Salesforce customers can use the new Lob integration across multiple use cases including compliance, marketing, sales, customer retention and reimbursement to track mailpieces and ensure fast, scalable and secure mail delivery. They can experiment with mail variations and quickly create direct mail campaigns based on reports and triggers linked to events or record-changes. Real-time visibility allows program managers to coordinate customer responses across different channels and inform follow-up tasks, emails and calls to accelerate sales. After campaign setup, Lobs Print Delivery Network of commercial printers the largest such network in the U.S. provides dynamic routing, instant scaling and fast turnaround of mailpieces. Built on the Salesforce Platform in partnership with Veezla, the Lob integration is now available on the AppExchange. Salesforce and AppExchange are among the registered trademarks of Salesforce.com, Inc. in the United States and other countries. About Lob Lob automates direct mail for modern businesses. More than 8,500 companies use Lobs cloud software to move faster and create new growth opportunities, including Expedia, Clover Health, Marley Spoon, Root Insurance, SeatGeek, ThredUp and Twitter. Lobs APIs dramatically reduce mail processing time, reclaiming thousands of hours and improving data quality. One in two households in the U.S. have received mail generated through Lobs platform. Headquartered in San Francisco, Lob is backed by leading investors including Y Combinator, First Round Capital and Floodgate. For more information, visit https://www.lob.com.
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Lob Puts the Power of Direct Mail in the Hands of Salesforce Customers Out-of-the-box integration allows organizations to send direct mail at scale from within Salesforce CRM
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SAN FRANCISCO--(BUSINESS WIRE)--Lob, the leading direct mail platform, today announced a new native integration for direct mail automation on the Salesforce AppExchange. Using the integration, Salesforce customers can now easily trigger sending personalized letters, postcards and checks at scale without ever having to leave their Salesforce environments. The Lob integration turns direct mail into an on-demand channel connected to actions, reporting and attribution directly within the CRM. Salesforce users can achieve dramatic cost savings with the integration, while significantly improving data quality and mail delivery tracking. Lob estimates that embedding its platform into any direct mail workflow reduces execution time by 95% from 90 days to less than a day. Automation also makes direct mail interactions more dynamic which leads to significantly higher ROI. Some of Lobs customers are seeing a 20% increase in consumer retention through timely personalization of their direct mail communications. We had been assessing mailer options for a long time, and this integration had everything we needed, said Joey Bellucco, system administrator at Prospect Home Finance, a San Diego mortgage broker. Integrating directly with our Salesforce data allows us to use automations to create records and send mail whenever we like. The integration has saved us a good deal of time and money. Previously, users couldnt program and control end-to-end direct mail production from within their Salesforce environments. Instead, they had to export or integrate their data with external systems, which was a lengthy, complex and manual undertaking. Lobs out-of-the-box integration fully automates this entire process and natively connects Lobs Direct Mail platform to Salesforce, saving customers thousands of hours in processing time. Salesforce customers can use the new Lob integration across multiple use cases including compliance, marketing, sales, customer retention and reimbursement to track mailpieces and ensure fast, scalable and secure mail delivery. They can experiment with mail variations and quickly create direct mail campaigns based on reports and triggers linked to events or record-changes. Real-time visibility allows program managers to coordinate customer responses across different channels and inform follow-up tasks, emails and calls to accelerate sales. After campaign setup, Lobs Print Delivery Network of commercial printers the largest such network in the U.S. provides dynamic routing, instant scaling and fast turnaround of mailpieces. Built on the Salesforce Platform in partnership with Veezla, the Lob integration is now available on the AppExchange. Salesforce and AppExchange are among the registered trademarks of Salesforce.com, Inc. in the United States and other countries. About Lob Lob automates direct mail for modern businesses. More than 8,500 companies use Lobs cloud software to move faster and create new growth opportunities, including Expedia, Clover Health, Marley Spoon, Root Insurance, SeatGeek, ThredUp and Twitter. Lobs APIs dramatically reduce mail processing time, reclaiming thousands of hours and improving data quality. One in two households in the U.S. have received mail generated through Lobs platform. Headquartered in San Francisco, Lob is backed by leading investors including Y Combinator, First Round Capital and Floodgate. For more information, visit https://www.lob.com.
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edtsum4725
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEWTOWN, Pa., July 15, 2020 /PRNewswire/ --EPAMSystems, Inc. (NYSE: EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, August 6, 2020, to discuss its second quarter 2020 financial results. A news release containing these results will be issued before the call. Investors and other interested parties can access the call in the following ways: A webcast of the conference call can be accessed on the Investor Relations section of the Company's website at https://investors.epam.com or by dialing +1 (844) 707-0662 or +1 (703) 318-2250 (outside of the U.S.) and providing the conference ID: 7297886. A replay will be available at https://investors.epam.comor by dialing +1 (855) 859-2056 or +1 (404) 537-3406 (outside of the U.S.) and entering the conference ID 7297886. The replay will be available starting on August 6, 2020, at 11:00 a.m. ET until August 13, 2020, at 11:59 p.m. ET. About EPAM Systems Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its software engineering expertise to become a leading global product development, digital platform engineering, and top digital and product design agency. Through its 'Engineering DNA' and innovative strategy, consulting, and design capabilities, EPAM works in collaboration with its customers to deliver next-gen solutions that turn complex business challenges into real business outcomes. EPAM's global teams serve customers in more than 30 countries across North America, Europe, Asia and Australia. As a recognized market leader in multiple categories among top global independent research agencies, EPAM was one of only four technology companies to appear on Forbes 25 Fastest Growing Public Tech Companies list every year of publication since 2013 and was the only IT services company featured on Fortune's 100 Fastest-Growing Companies list of 2019.Learn more atwww.epam.comand follow us on Twitter@EPAMSYSTEMSandLinkedIn. SOURCE EPAM Systems, Inc. Related Links www.epam.com
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EPAM Announces Date for Second Quarter 2020 Earnings Release and Conference Call
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NEWTOWN, Pa., July 15, 2020 /PRNewswire/ --EPAMSystems, Inc. (NYSE: EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, August 6, 2020, to discuss its second quarter 2020 financial results. A news release containing these results will be issued before the call. Investors and other interested parties can access the call in the following ways: A webcast of the conference call can be accessed on the Investor Relations section of the Company's website at https://investors.epam.com or by dialing +1 (844) 707-0662 or +1 (703) 318-2250 (outside of the U.S.) and providing the conference ID: 7297886. A replay will be available at https://investors.epam.comor by dialing +1 (855) 859-2056 or +1 (404) 537-3406 (outside of the U.S.) and entering the conference ID 7297886. The replay will be available starting on August 6, 2020, at 11:00 a.m. ET until August 13, 2020, at 11:59 p.m. ET. About EPAM Systems Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its software engineering expertise to become a leading global product development, digital platform engineering, and top digital and product design agency. Through its 'Engineering DNA' and innovative strategy, consulting, and design capabilities, EPAM works in collaboration with its customers to deliver next-gen solutions that turn complex business challenges into real business outcomes. EPAM's global teams serve customers in more than 30 countries across North America, Europe, Asia and Australia. As a recognized market leader in multiple categories among top global independent research agencies, EPAM was one of only four technology companies to appear on Forbes 25 Fastest Growing Public Tech Companies list every year of publication since 2013 and was the only IT services company featured on Fortune's 100 Fastest-Growing Companies list of 2019.Learn more atwww.epam.comand follow us on Twitter@EPAMSYSTEMSandLinkedIn. SOURCE EPAM Systems, Inc. Related Links www.epam.com
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edtsum4728
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, Aug. 19, 2020 /PRNewswire/ --Read the full report: https://www.reportlinker.com/p05953035/?utm_source=PRN The precision planting market is estimated to be worth USD 3.6 billion in 2020 and projected to reach USD 4.6 billion by 2025, at a CAGR of 5.1%. The market has a promising growth potential owing to several driving factors such as government initiatives for promoting use of precision planting techniques and increasing focus on farm efficiency and crop productivity due to the rising global population. The high demand for agricultural products due to population growth; increased adoption of VRT, remote sensing technology, and guidance technologies by farmers worldwide; and strong government support promoting the use of precision planting techniques are the major factors fueling the growth of the precision planting market.The precision planting market is currently in the introductory growth phase and is expected to witness robust growth in the future owing to the increasing role of technology in precision planting systems.The advent of IoT and AI-based solution have proved beneficial for the precision planting market and could provide the further growth to the market.The impact of COVID-19 on the precision planting market is likely to be there for a short term, and by early 2021 the market is expected to witness robust recovery with higher demand for installation of IoT devices in agricultural farms across the world to make optimum use of resources with reduced labor requirements in the fields.The precision planting services market is expected to grow at highest CAGR during the forecast periodThe services segment is expected to grow at the highest CAGR of 8.3% from 2020 to 2025. The increasing demand for managed services is the major reason behind the high growth of this segment. The growing demand for connectivity services to ensure proper connectivity between the hardware devices and the end-user interface is another factor propelling the growth of the services market. While the market for precision planting is still in its early growth phase, the growing awareness of its benefits, coupled with the demographic shift to younger, more tech-savvy farmers, is expected to drive the growth of the precision planting market.The market for drones followed by high speed precision planters estimated to grow at higher CAGR during the forecast periodDrones are expected to witness robust growth for plantation in forestry to overcome the issue of climate change. Drones can plant 60 to 100 times faster than manual methods, which is one of the prominent reasons for the highest growth rate of this segment.High-speed precision planting systems are expected to grow at substantial growth rate during the forecast period owing to their widespread adoption for row crops such as soybean, corn, and cotton. High-speed precision planters are available in different row sizes, ranging from portable 2-row planters to 48-row planters, which are suitable for all types of farms, and hence, have a higher adoption rate. Integration of technologies such as guidance systems, smart metering systems, variable rate seeding systems, and sophisticated sensors in planters have made them a preferred choice among the owners of large farmsPrecision planting market in Asia Pacific to grow at the highest CAGR between 2020 and 2025The precision planting market in APAC is expected to grow at the highest CAGR from 2020 to 2025.In APAC, the market is currently growing at a significant pace in India, Australia, China, and Japan.These countries contribute a considerable market share in this region.In APAC, Australia has witnessed substantial adoption of precision planters due to the presence of a large number of farms sized above 1,000 ha.The average farm size is Australia is ~4,000 ha, which provides an ideal environment for investing in high-speed precision planting systems due to better returns on investment and economies of scale.The breakup of primaries conducted during the study is depicted below: By Company Type: Tier 1 35 %, Tier 2 40%, and Tier 3 25% By Designation: C-Level Executives 57%, Directors 29%, and Others 14% By Region: Americas 40%, Europe 30%, APAC 20%, and RoW 10%Research CoverageThe report segments the precision planting market and forecasts its size, by volume and value, based on region (Americas, Europe, Asia Pacific, and RoW), offering (hardware, software, and services), system type (high-speed precision planting systems, precision air seeder, and drones), drive type ()electric drive, and hydraulic drive), farm size (below 400 ha, and above 400 ha) and application (row crop, cereals, oilseeds & pulses, and forestry)The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the precision planting market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.Key Benefits of Buying This Report This report includes the market statistics pertaining to component, system type, application, and region. An in-depth value chain analysis has been done to provide deep insight into the precision planting market. Major market drivers, restraints, challenges, and opportunities have been detailed in this report. Illustrative segmentation, analyses, and forecasts for the market based on offering, system type, drive type, farm size, application and region have been conducted to provide an overall view of the precision planting market. The report includes an in-depth analysis and ranking of key players.Read the full report: https://www.reportlinker.com/p05953035/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
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The precision planting market is estimated to be worth USD 3.6 billion in 2020 and projected to reach USD 4.6 billion by 2025, at a CAGR of 5.1% Government initiatives for promoting the use of precision planting technology to surge the adoption of precision planting systems
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NEW YORK, Aug. 19, 2020 /PRNewswire/ --Read the full report: https://www.reportlinker.com/p05953035/?utm_source=PRN The precision planting market is estimated to be worth USD 3.6 billion in 2020 and projected to reach USD 4.6 billion by 2025, at a CAGR of 5.1%. The market has a promising growth potential owing to several driving factors such as government initiatives for promoting use of precision planting techniques and increasing focus on farm efficiency and crop productivity due to the rising global population. The high demand for agricultural products due to population growth; increased adoption of VRT, remote sensing technology, and guidance technologies by farmers worldwide; and strong government support promoting the use of precision planting techniques are the major factors fueling the growth of the precision planting market.The precision planting market is currently in the introductory growth phase and is expected to witness robust growth in the future owing to the increasing role of technology in precision planting systems.The advent of IoT and AI-based solution have proved beneficial for the precision planting market and could provide the further growth to the market.The impact of COVID-19 on the precision planting market is likely to be there for a short term, and by early 2021 the market is expected to witness robust recovery with higher demand for installation of IoT devices in agricultural farms across the world to make optimum use of resources with reduced labor requirements in the fields.The precision planting services market is expected to grow at highest CAGR during the forecast periodThe services segment is expected to grow at the highest CAGR of 8.3% from 2020 to 2025. The increasing demand for managed services is the major reason behind the high growth of this segment. The growing demand for connectivity services to ensure proper connectivity between the hardware devices and the end-user interface is another factor propelling the growth of the services market. While the market for precision planting is still in its early growth phase, the growing awareness of its benefits, coupled with the demographic shift to younger, more tech-savvy farmers, is expected to drive the growth of the precision planting market.The market for drones followed by high speed precision planters estimated to grow at higher CAGR during the forecast periodDrones are expected to witness robust growth for plantation in forestry to overcome the issue of climate change. Drones can plant 60 to 100 times faster than manual methods, which is one of the prominent reasons for the highest growth rate of this segment.High-speed precision planting systems are expected to grow at substantial growth rate during the forecast period owing to their widespread adoption for row crops such as soybean, corn, and cotton. High-speed precision planters are available in different row sizes, ranging from portable 2-row planters to 48-row planters, which are suitable for all types of farms, and hence, have a higher adoption rate. Integration of technologies such as guidance systems, smart metering systems, variable rate seeding systems, and sophisticated sensors in planters have made them a preferred choice among the owners of large farmsPrecision planting market in Asia Pacific to grow at the highest CAGR between 2020 and 2025The precision planting market in APAC is expected to grow at the highest CAGR from 2020 to 2025.In APAC, the market is currently growing at a significant pace in India, Australia, China, and Japan.These countries contribute a considerable market share in this region.In APAC, Australia has witnessed substantial adoption of precision planters due to the presence of a large number of farms sized above 1,000 ha.The average farm size is Australia is ~4,000 ha, which provides an ideal environment for investing in high-speed precision planting systems due to better returns on investment and economies of scale.The breakup of primaries conducted during the study is depicted below: By Company Type: Tier 1 35 %, Tier 2 40%, and Tier 3 25% By Designation: C-Level Executives 57%, Directors 29%, and Others 14% By Region: Americas 40%, Europe 30%, APAC 20%, and RoW 10%Research CoverageThe report segments the precision planting market and forecasts its size, by volume and value, based on region (Americas, Europe, Asia Pacific, and RoW), offering (hardware, software, and services), system type (high-speed precision planting systems, precision air seeder, and drones), drive type ()electric drive, and hydraulic drive), farm size (below 400 ha, and above 400 ha) and application (row crop, cereals, oilseeds & pulses, and forestry)The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the precision planting market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.Key Benefits of Buying This Report This report includes the market statistics pertaining to component, system type, application, and region. An in-depth value chain analysis has been done to provide deep insight into the precision planting market. Major market drivers, restraints, challenges, and opportunities have been detailed in this report. Illustrative segmentation, analyses, and forecasts for the market based on offering, system type, drive type, farm size, application and region have been conducted to provide an overall view of the precision planting market. The report includes an in-depth analysis and ranking of key players.Read the full report: https://www.reportlinker.com/p05953035/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
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edtsum4736
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MELVILLE, N.Y., Dec. 4, 2020 /PRNewswire/ -- To bring large format professionals together to inspire and share ideas, Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., is proud to announce that Canon Production Printing, a Canon affiliate located in Venlo, Netherlands, has launched a new online community, graphiPLAZA. Free to access for customers, partners and employees, graphiPLAZA offers a network of expertise designed to help Canon's channel partners improve their business practices. Canon Production Printing Launches New Online Large Format Graphics Community graphiPLAZA helps users stay informed about market trends, including insights into best practices and new applications within the industry. The platform also offers an extensive manufacturer-independent media profile database with advanced search capabilities that is compatible with the Canon Arizona flatbed and Colorado roll-to-roll printer families. This interactive community is designed to facilitate discussions with peers, provide user and technical documentation, as well as firmware and software updates, all available with convenience in mind. "The large format graphics industry thrives on creativity. It's amazing to see the wealth of applications that can be addressed and see how customers, partners and specialists always find new and improved ways to use Canon's technology," said Robert Reddy, senior vice president, Large Format Systems, Canon Solutions America, Inc. "As a large format solutions provider we help encourage the exchange of relevant and trending industry information between ourselves, as well as our industry peers, with user convenience in mind," said Peter P. Kowalczuk, president, Canon Solutions America, Inc. "Canon Production Printing designed graphiPLAZA to inspire customers to push the boundaries of print, to help partners maximize their business opportunities, and to offer Canon's employees a platform to communicate with customers and industry experts."To access the new graphiPLAZA platform from Canon Production Printing, please visit http://graphiplaza.cpp.canon. About Canon Solutions America, Inc. Canon Solutions America, Inc. provides industry leading enterprise, production, and large format printing solutions, supported by exceptional professional service offerings. Canon Solutions America, Inc. helps companies of all sizes discover ways to improve sustainability, increase efficiency, and control costs in conjunction with high volume, continuous feed, digital and traditional printing, and document management solutions. A wholly owned subsidiary of Canon U.S.A., Inc., Canon Solutions America, Inc. is headquartered in Melville, NY and has sales and service locations across the U.S. For more information on Canon Solutions America, please visit csa.canon.com.Canon Solutions America, Inc. Website: csa.canon.comFor sales info/customer support:1-844-443-INFO (4636)Canon is a registered trademark of Canon Inc. in the United States and elsewhere. All other referenced product names and marks are trademarks of their respective owners and are hereby acknowledged.SOURCE Canon Solutions America Related Links http://csa.canon.com
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Canon Production Printing Launches New Online Large Format Graphics Community graphiPLAZA offers a network of expertise designed to help improve customers' business practices
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MELVILLE, N.Y., Dec. 4, 2020 /PRNewswire/ -- To bring large format professionals together to inspire and share ideas, Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., is proud to announce that Canon Production Printing, a Canon affiliate located in Venlo, Netherlands, has launched a new online community, graphiPLAZA. Free to access for customers, partners and employees, graphiPLAZA offers a network of expertise designed to help Canon's channel partners improve their business practices. Canon Production Printing Launches New Online Large Format Graphics Community graphiPLAZA helps users stay informed about market trends, including insights into best practices and new applications within the industry. The platform also offers an extensive manufacturer-independent media profile database with advanced search capabilities that is compatible with the Canon Arizona flatbed and Colorado roll-to-roll printer families. This interactive community is designed to facilitate discussions with peers, provide user and technical documentation, as well as firmware and software updates, all available with convenience in mind. "The large format graphics industry thrives on creativity. It's amazing to see the wealth of applications that can be addressed and see how customers, partners and specialists always find new and improved ways to use Canon's technology," said Robert Reddy, senior vice president, Large Format Systems, Canon Solutions America, Inc. "As a large format solutions provider we help encourage the exchange of relevant and trending industry information between ourselves, as well as our industry peers, with user convenience in mind," said Peter P. Kowalczuk, president, Canon Solutions America, Inc. "Canon Production Printing designed graphiPLAZA to inspire customers to push the boundaries of print, to help partners maximize their business opportunities, and to offer Canon's employees a platform to communicate with customers and industry experts."To access the new graphiPLAZA platform from Canon Production Printing, please visit http://graphiplaza.cpp.canon. About Canon Solutions America, Inc. Canon Solutions America, Inc. provides industry leading enterprise, production, and large format printing solutions, supported by exceptional professional service offerings. Canon Solutions America, Inc. helps companies of all sizes discover ways to improve sustainability, increase efficiency, and control costs in conjunction with high volume, continuous feed, digital and traditional printing, and document management solutions. A wholly owned subsidiary of Canon U.S.A., Inc., Canon Solutions America, Inc. is headquartered in Melville, NY and has sales and service locations across the U.S. For more information on Canon Solutions America, please visit csa.canon.com.Canon Solutions America, Inc. Website: csa.canon.comFor sales info/customer support:1-844-443-INFO (4636)Canon is a registered trademark of Canon Inc. in the United States and elsewhere. All other referenced product names and marks are trademarks of their respective owners and are hereby acknowledged.SOURCE Canon Solutions America Related Links http://csa.canon.com
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edtsum4739
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, today announced that Vinythai Public Company Limited (Vinythai), a petrochemical company based in Thailand, has selected Aspen Mtell software to achieve business sustainability via embedded artificial intelligence. The company plans to deploy the predictive and prescriptive maintenance software at its petrochemical plants in Rayong, Thailand to reduce failure and improve reliability. Khun Apichart Kijjaroenvisal, Plant Manager, Vinythai, said: In conjunction with Vinythais SMART factory, the company plans to deploy Aspen Mtell software to achieve operational excellence by saving cost and time. Aspen Mtell software will enable two of the companys petrochemical plants, producing Polyvinyl Chloride (PVC) and Vinyl Chloride Monomer (VCM), to capitalize on embedded artificial intelligence and achieve greater productivity. Pramodkumar Lakhmapure, Area Sales Director, Aspen Technology, added: In a fast-changing and volatile economy, businesses need to remain agile and operationally efficient. Customers need to accelerate their efforts in digital transformation by adopting the latest innovation. We are pleased that Vinythai has decided to partner with AspenTech in their journey to be a more sustainable business by pursuing efficiency and productivity. Aspen Mtell mines historical and real-time operational and maintenance data to discover the precise failure signatures that precede asset degradation and breakdowns, predict future failures and prescribe detailed actions to mitigate or solve problems via predictive and prescriptive maintenance. Supporting Resources About Aspen Technology Aspen Technology (AspenTech) is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modelling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer and faster. Visit AspenTech.com to find out more. 2021 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo, Aspen, and Aspen Mtell are trademarks of Aspen Technology, Inc. All rights reserved.
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Vinythai Public Company Limited Selects Aspen Technology Software to Accelerate Digital Transformation, Reduce Failure and Improve Reliability Petrochemicals Company based in Thailand to Deploy Aspen Mtell Software for Predictive and Prescriptive Maintenance
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BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, today announced that Vinythai Public Company Limited (Vinythai), a petrochemical company based in Thailand, has selected Aspen Mtell software to achieve business sustainability via embedded artificial intelligence. The company plans to deploy the predictive and prescriptive maintenance software at its petrochemical plants in Rayong, Thailand to reduce failure and improve reliability. Khun Apichart Kijjaroenvisal, Plant Manager, Vinythai, said: In conjunction with Vinythais SMART factory, the company plans to deploy Aspen Mtell software to achieve operational excellence by saving cost and time. Aspen Mtell software will enable two of the companys petrochemical plants, producing Polyvinyl Chloride (PVC) and Vinyl Chloride Monomer (VCM), to capitalize on embedded artificial intelligence and achieve greater productivity. Pramodkumar Lakhmapure, Area Sales Director, Aspen Technology, added: In a fast-changing and volatile economy, businesses need to remain agile and operationally efficient. Customers need to accelerate their efforts in digital transformation by adopting the latest innovation. We are pleased that Vinythai has decided to partner with AspenTech in their journey to be a more sustainable business by pursuing efficiency and productivity. Aspen Mtell mines historical and real-time operational and maintenance data to discover the precise failure signatures that precede asset degradation and breakdowns, predict future failures and prescribe detailed actions to mitigate or solve problems via predictive and prescriptive maintenance. Supporting Resources About Aspen Technology Aspen Technology (AspenTech) is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modelling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer and faster. Visit AspenTech.com to find out more. 2021 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo, Aspen, and Aspen Mtell are trademarks of Aspen Technology, Inc. All rights reserved.
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edtsum4749
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SHOREVIEW, Minn.--(BUSINESS WIRE)--PotlatchDeltic Corporation (NASDAQ: PCH) has completed the previously announced sale of 72,440 acres of forestland in northern and central Minnesota to The Conservation Fund for nearly $48 million. The Conservation Funds purchase will provide time for the development and implementation of permanent conservation strategies with local partners that will preserve working forestlands and safeguard jobs, while also protecting water quality and wildlife habitat, contributing to local economies and allowing for recreational access. The lands acquired by The Conservation Fund are in 14 counties Aitkin, Becker, Beltrami, Carlton, Cass, Clearwater, Crow Wing, Hubbard, Itasca, Kanabec, Koochiching, Morrison, St. Louis, and Wadena. Approximately 31,600 acres are located within the reservation boundaries of two bands of the Minnesota Ojibwe Tribethe Bois Forte Band and the Leech Lake Band. The Conservation Fund will manage the forestland, now called Minnesotas Heritage Forest, for wildlife, water quality and sustainable timber harvesting, while continuing traditional recreational uses, including hunting and fishing. The national nonprofit dedicated to protecting environmentally and economically significant natural spaces will work with county, state, tribal, and local governments to determine the best conservation and sustainable management outcomes for the forestland, with the goal of transferring ownership to public and tribal entities over the next decade. President and CEO of The Conservation Fund Larry Selzer remarked: Changing economic conditions have caused industrial forestland across much of the U.S. to be converted to non-forest uses, subdivided and lost over the last 20 years. Our goal is to protect five million acres of working forests across the country, and our purchase of PotlatchDeltics acreage in Minnesota accelerates that effort by taking an important first step to ensure the majority of these lands remain forested and will continue to be sustainably managed as working timberlands. This outcome is the culmination of work over the last decade between The Conservation Fund and PotlatchDeltic to achieve both conservation and economic goals. With this transaction and others underway, this partnership has been the catalyst to conserve more than 200,000 acres in the State of Minnesota for various conservation purposes, including working forests, protection of important habitats and public access. The lumber mill in Bemidji will continue to be owned and operated by PotlatchDeltic as it has for nearly 30 years with logs supplied from Minnesotas Heritage Forest, supporting the essential jobs required to deliver and process the trees. This transaction represents a significant milestone in our long-term strategy to maximize shareholder value through rural real estate sales, said Mike Covey, chairman and chief executive officer of PotlatchDeltic. Our Minnesota ownership was approximately 330,000 acres when we began our rural land sale program over a dozen years ago. The timberlands sold in this transaction were heavily weighted to more remote areas, ideal for conservation and working forest protection. PotlatchDeltic values conservation initiatives as an important component of our commitment to environmental stewardship. We are proud of our ongoing partnership with The Conservation Fund and the tremendous outcomes transactions like these have on jobs, wildlife and public benefit. The Conservation Funds acquisition was possible through its Working Forest Fund, dedicated to mitigating climate change, strengthening rural economies and protecting natural ecosystems through the permanent conservation of at-risk working forests. In 2019, The Conservation Fund worked with Goldman Sachs to issue the nations first green bond solely dedicated to conservation in the United States. Capital from the bonds, as well as support from the Richard King Mellon Foundation were utilized in the nonprofits purchase of Minnesotas Heritage Forest. The Richard King Mellon Foundation has quietly established itself over decades as one of the primary leaders in the history of the United States in the protection of environmentally sensitive areas through land acquisition. Sam Reiman, director of the Richard King Mellon Foundation, said: The Foundation's partnership with The Conservation Fund spans more than 30 years, and together we have protected nearly 3.7 million acres in all 50 states. This important project in Minnesota represents an innovative approach to conservation finance, one that is now attracting for-profit investment firmsan affirmation that holds great promise for future land conservation, and that is testament to both the soundness of our conservation strategies, and the Fund's ability to deliver on projects. The Conservation Fund will work with its local partners to secure federal and state funding, as well as private support in order to implement permanent conservation solutions on these lands and transfer ownership to primarily public and tribal entities over the next decade. Our temporary ownership provides time to develop permanent conservation strategies best suited for our partners and the lands that include public access and recreational opportunities under future county, state, tribal, and local government ownership, said Kim Berns-Melhus, Minnesota state director for The Conservation Fund. We will work to better align and consolidate public forest holdings through land exchanges and direct conveyances resulting in improved economic returns to community, state and tribal governments, as well as enhancing revenue for Minnesota school districts throughout the state. The Conservation Funds goals for purchasing 15,000 acres of PotlatchDeltic land in St. Louis County are seamlessly consistent with the Countys own resource management goals, which include improving forest health and productivity, protecting wildlife habitat and water quality, providing raw materials for local industry, and providing opportunities for tourism and recreation, said Keith Musolf, St. Louis County commissioner and chair of the Environment and Natural Resources Committee. Furthermore, the Heritage Forest Project will provide opportunities to consolidate public land ownership and expand our working forest land base which supports the Countys traditional logger workforce and rural community economies. 31,000 acres of Minnesotas Heritage Forest are in the headwaters area of the Mississippi River, which supports more than 350 wildlife species, including many of the endangered, threatened and rare species listed in Minnesota like the northern long-eared bat, red-shouldered hawk and Blandings turtle. Many of Minnesotas Heritage Forest tracts are adjacent to existing public lands and will build on the network of large, protected landscapes of undivided forests that are essential to the ecology of the region and provide important habitat corridors for wildlife. The sustainable management of biologically diverse forests helps build resiliency and adaptability to stresses caused by changing environmental conditions. These forests also provide carbon dioxide-absorbing benefits to help fight climate change. About The Conservation Fund At The Conservation Fund, we make conservation work for America. By creating solutions that make environmental and economic sense, we are redefining conservation to demonstrate its essential role in our future prosperity. Top-ranked for efficiency and effectiveness, we have worked in all 50 states since 1985 to protect more than eight million acres of land, including more than 311,000 acres in Minnesota in places like the iconic Boundary Waters Canoe Area Wilderness and at one of the most important birding sites in North America, Sax Zim Bog. Learn more at www.conservationfund.org and www.workingforestfund.org. About PotlatchDeltic PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance. More information can be found at www.potlatchdeltic.com. About the Richard King Mellon Foundation Founded in 1947, the Richard King Mellon Foundation is the largest foundation in southwestern Pennsylvania, and one of the 50 largest in the world. The Foundations 2019 endowment was $2.7 billion and its Trustees in 2019 awarded 172 grants totaling $129 million, focused on the Foundations strategic priorities: economic development, education, and human services in Southwestern Pennsylvania, and environmental conservation across the United States. Forward Looking Statements This communication contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding PotlatchDeltics long-term strategy, expected real estate closings, and continued operation of its lumber mill in Minnesota. All forward-looking statements speak only as of the date hereof, are based on current expectations and involve and are subject to a number of assumptions, risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. There is no guarantee that any of the events anticipated by these forward-looking statements will occur. If any of the events occur, there is no guarantee what effect they will have on PotlatchDeltics operations, financial condition or results of operations. The company undertakes no obligation to update these forward-looking statements after the date of this news release.
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The Conservation Fund Purchases 72,440 Acres in Minnesota From PotlatchDeltic One of the largest land conservation acquisitions in recent state history will support northern Minnesotas long tradition of timber production and outdoor recreation
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SHOREVIEW, Minn.--(BUSINESS WIRE)--PotlatchDeltic Corporation (NASDAQ: PCH) has completed the previously announced sale of 72,440 acres of forestland in northern and central Minnesota to The Conservation Fund for nearly $48 million. The Conservation Funds purchase will provide time for the development and implementation of permanent conservation strategies with local partners that will preserve working forestlands and safeguard jobs, while also protecting water quality and wildlife habitat, contributing to local economies and allowing for recreational access. The lands acquired by The Conservation Fund are in 14 counties Aitkin, Becker, Beltrami, Carlton, Cass, Clearwater, Crow Wing, Hubbard, Itasca, Kanabec, Koochiching, Morrison, St. Louis, and Wadena. Approximately 31,600 acres are located within the reservation boundaries of two bands of the Minnesota Ojibwe Tribethe Bois Forte Band and the Leech Lake Band. The Conservation Fund will manage the forestland, now called Minnesotas Heritage Forest, for wildlife, water quality and sustainable timber harvesting, while continuing traditional recreational uses, including hunting and fishing. The national nonprofit dedicated to protecting environmentally and economically significant natural spaces will work with county, state, tribal, and local governments to determine the best conservation and sustainable management outcomes for the forestland, with the goal of transferring ownership to public and tribal entities over the next decade. President and CEO of The Conservation Fund Larry Selzer remarked: Changing economic conditions have caused industrial forestland across much of the U.S. to be converted to non-forest uses, subdivided and lost over the last 20 years. Our goal is to protect five million acres of working forests across the country, and our purchase of PotlatchDeltics acreage in Minnesota accelerates that effort by taking an important first step to ensure the majority of these lands remain forested and will continue to be sustainably managed as working timberlands. This outcome is the culmination of work over the last decade between The Conservation Fund and PotlatchDeltic to achieve both conservation and economic goals. With this transaction and others underway, this partnership has been the catalyst to conserve more than 200,000 acres in the State of Minnesota for various conservation purposes, including working forests, protection of important habitats and public access. The lumber mill in Bemidji will continue to be owned and operated by PotlatchDeltic as it has for nearly 30 years with logs supplied from Minnesotas Heritage Forest, supporting the essential jobs required to deliver and process the trees. This transaction represents a significant milestone in our long-term strategy to maximize shareholder value through rural real estate sales, said Mike Covey, chairman and chief executive officer of PotlatchDeltic. Our Minnesota ownership was approximately 330,000 acres when we began our rural land sale program over a dozen years ago. The timberlands sold in this transaction were heavily weighted to more remote areas, ideal for conservation and working forest protection. PotlatchDeltic values conservation initiatives as an important component of our commitment to environmental stewardship. We are proud of our ongoing partnership with The Conservation Fund and the tremendous outcomes transactions like these have on jobs, wildlife and public benefit. The Conservation Funds acquisition was possible through its Working Forest Fund, dedicated to mitigating climate change, strengthening rural economies and protecting natural ecosystems through the permanent conservation of at-risk working forests. In 2019, The Conservation Fund worked with Goldman Sachs to issue the nations first green bond solely dedicated to conservation in the United States. Capital from the bonds, as well as support from the Richard King Mellon Foundation were utilized in the nonprofits purchase of Minnesotas Heritage Forest. The Richard King Mellon Foundation has quietly established itself over decades as one of the primary leaders in the history of the United States in the protection of environmentally sensitive areas through land acquisition. Sam Reiman, director of the Richard King Mellon Foundation, said: The Foundation's partnership with The Conservation Fund spans more than 30 years, and together we have protected nearly 3.7 million acres in all 50 states. This important project in Minnesota represents an innovative approach to conservation finance, one that is now attracting for-profit investment firmsan affirmation that holds great promise for future land conservation, and that is testament to both the soundness of our conservation strategies, and the Fund's ability to deliver on projects. The Conservation Fund will work with its local partners to secure federal and state funding, as well as private support in order to implement permanent conservation solutions on these lands and transfer ownership to primarily public and tribal entities over the next decade. Our temporary ownership provides time to develop permanent conservation strategies best suited for our partners and the lands that include public access and recreational opportunities under future county, state, tribal, and local government ownership, said Kim Berns-Melhus, Minnesota state director for The Conservation Fund. We will work to better align and consolidate public forest holdings through land exchanges and direct conveyances resulting in improved economic returns to community, state and tribal governments, as well as enhancing revenue for Minnesota school districts throughout the state. The Conservation Funds goals for purchasing 15,000 acres of PotlatchDeltic land in St. Louis County are seamlessly consistent with the Countys own resource management goals, which include improving forest health and productivity, protecting wildlife habitat and water quality, providing raw materials for local industry, and providing opportunities for tourism and recreation, said Keith Musolf, St. Louis County commissioner and chair of the Environment and Natural Resources Committee. Furthermore, the Heritage Forest Project will provide opportunities to consolidate public land ownership and expand our working forest land base which supports the Countys traditional logger workforce and rural community economies. 31,000 acres of Minnesotas Heritage Forest are in the headwaters area of the Mississippi River, which supports more than 350 wildlife species, including many of the endangered, threatened and rare species listed in Minnesota like the northern long-eared bat, red-shouldered hawk and Blandings turtle. Many of Minnesotas Heritage Forest tracts are adjacent to existing public lands and will build on the network of large, protected landscapes of undivided forests that are essential to the ecology of the region and provide important habitat corridors for wildlife. The sustainable management of biologically diverse forests helps build resiliency and adaptability to stresses caused by changing environmental conditions. These forests also provide carbon dioxide-absorbing benefits to help fight climate change. About The Conservation Fund At The Conservation Fund, we make conservation work for America. By creating solutions that make environmental and economic sense, we are redefining conservation to demonstrate its essential role in our future prosperity. Top-ranked for efficiency and effectiveness, we have worked in all 50 states since 1985 to protect more than eight million acres of land, including more than 311,000 acres in Minnesota in places like the iconic Boundary Waters Canoe Area Wilderness and at one of the most important birding sites in North America, Sax Zim Bog. Learn more at www.conservationfund.org and www.workingforestfund.org. About PotlatchDeltic PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance. More information can be found at www.potlatchdeltic.com. About the Richard King Mellon Foundation Founded in 1947, the Richard King Mellon Foundation is the largest foundation in southwestern Pennsylvania, and one of the 50 largest in the world. The Foundations 2019 endowment was $2.7 billion and its Trustees in 2019 awarded 172 grants totaling $129 million, focused on the Foundations strategic priorities: economic development, education, and human services in Southwestern Pennsylvania, and environmental conservation across the United States. Forward Looking Statements This communication contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding PotlatchDeltics long-term strategy, expected real estate closings, and continued operation of its lumber mill in Minnesota. All forward-looking statements speak only as of the date hereof, are based on current expectations and involve and are subject to a number of assumptions, risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. There is no guarantee that any of the events anticipated by these forward-looking statements will occur. If any of the events occur, there is no guarantee what effect they will have on PotlatchDeltics operations, financial condition or results of operations. The company undertakes no obligation to update these forward-looking statements after the date of this news release.
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edtsum4758
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MORRISVILLE, N.C., July 23, 2020 /PRNewswire/ --Relias, a trusted education and training partner to more than 11,000 healthcare clients globally, today announced Dr. Mona Hanna-Attishaand Dr. Ibram X. Kendias the 2020 keynote speakers of its annual conferenceImpact NationSept. 15-16, 2020.Healthcare leaders and educators from across the country will participate in the premier event with access to over 30 additional breakout sessions, including a dedicated Diversity and Inclusion track. Impact Nation 2020is free to attend and is being held as a virtual event. Continue Reading Relias Dr. Mona Hanna-Attisha is a pediatrician, professor, and public health advocate who spearheaded efforts to reveal, publicize, and fix Flint, Michigan's water crisis. She will kick off the conference on Sept. 15. Dr. Ibram X. Kendi, the national award-winning author of Stamped from the Beginning: A Definitive History of Racist Ideas in America and How to Be an Antiracist,will close out the conference on Sept. 16. With an emphasis on staff training and development, Impact Nation empowers healthcare leaders and educators with the latest information and best practices to elevate the performance of care teams, help reduce risk, and improve outcomes. For the past six years, Impact Nation has brought industry insights, captivating content, and interactive sessions to attendees. "We are honored to host Dr. Mona Hanna-Attisha and Dr. Ibram X. Kendi as the 2020 Impact Nation keynote speakers. They are both dynamic leaders that will inspire attendees to continue to advocate for those in need and challenge the status quo," said Stacy West, Chief Marketing Officer. "As a part of Relias' commitment to racial equity, we have also created a Diversity and Inclusion trackfocused on how to develop inclusive environments for patients and employeesas well as understanding the impact of factors such as implicit bias and cultural competency."During the conference, Relias will release its third edition of the State of Training & Staff Development Report. The report will include survey data and results of over 4,000 healthcare professionals, highlighting trends in staff development, the effect of learning on organizational performance, and the impact of COVID-19.With the unforeseen challenges coronavirus has created for the healthcare industry, Relias, for the first time, eliminated the cost associated to attend Impact Nation to increase access to relevant information and to continue supporting frontline heroes. Individuals can register at impactnation.relias.com. Impact Nation sponsors include American Network of Community Options and Resources (ANCOR), DATIS, National Council for Behavioral Health, Positive Approach to Care, McKesson, innovaTel, and Skillsoft.About ReliasFor more than 11,000 healthcare organizations and 4.5 million caregivers, Relias continues to help clients deliver better clinical and financial outcomes by reducing variation in care. Our platform employs performance metrics and assessments to reveal specific gaps in skills and addresses them with targeted, personalized, and engaging learning. We help healthcare organizations, their people, and those under their careget better. Better at identifying problems, addressing them with better knowledge and skills, and better outcomes for all. Let us help you get better: Relias.com.For more information, contact:Lizzy AdamsPublic Relations Manager[emailprotected]919.351.1550Related Imagesrelias.png Relias SOURCE Relias Related Links http://Relias.com
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Dr. Mona Hanna-Attisha and Dr. Ibram X. Kendi to Keynote Relias Conference
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MORRISVILLE, N.C., July 23, 2020 /PRNewswire/ --Relias, a trusted education and training partner to more than 11,000 healthcare clients globally, today announced Dr. Mona Hanna-Attishaand Dr. Ibram X. Kendias the 2020 keynote speakers of its annual conferenceImpact NationSept. 15-16, 2020.Healthcare leaders and educators from across the country will participate in the premier event with access to over 30 additional breakout sessions, including a dedicated Diversity and Inclusion track. Impact Nation 2020is free to attend and is being held as a virtual event. Continue Reading Relias Dr. Mona Hanna-Attisha is a pediatrician, professor, and public health advocate who spearheaded efforts to reveal, publicize, and fix Flint, Michigan's water crisis. She will kick off the conference on Sept. 15. Dr. Ibram X. Kendi, the national award-winning author of Stamped from the Beginning: A Definitive History of Racist Ideas in America and How to Be an Antiracist,will close out the conference on Sept. 16. With an emphasis on staff training and development, Impact Nation empowers healthcare leaders and educators with the latest information and best practices to elevate the performance of care teams, help reduce risk, and improve outcomes. For the past six years, Impact Nation has brought industry insights, captivating content, and interactive sessions to attendees. "We are honored to host Dr. Mona Hanna-Attisha and Dr. Ibram X. Kendi as the 2020 Impact Nation keynote speakers. They are both dynamic leaders that will inspire attendees to continue to advocate for those in need and challenge the status quo," said Stacy West, Chief Marketing Officer. "As a part of Relias' commitment to racial equity, we have also created a Diversity and Inclusion trackfocused on how to develop inclusive environments for patients and employeesas well as understanding the impact of factors such as implicit bias and cultural competency."During the conference, Relias will release its third edition of the State of Training & Staff Development Report. The report will include survey data and results of over 4,000 healthcare professionals, highlighting trends in staff development, the effect of learning on organizational performance, and the impact of COVID-19.With the unforeseen challenges coronavirus has created for the healthcare industry, Relias, for the first time, eliminated the cost associated to attend Impact Nation to increase access to relevant information and to continue supporting frontline heroes. Individuals can register at impactnation.relias.com. Impact Nation sponsors include American Network of Community Options and Resources (ANCOR), DATIS, National Council for Behavioral Health, Positive Approach to Care, McKesson, innovaTel, and Skillsoft.About ReliasFor more than 11,000 healthcare organizations and 4.5 million caregivers, Relias continues to help clients deliver better clinical and financial outcomes by reducing variation in care. Our platform employs performance metrics and assessments to reveal specific gaps in skills and addresses them with targeted, personalized, and engaging learning. We help healthcare organizations, their people, and those under their careget better. Better at identifying problems, addressing them with better knowledge and skills, and better outcomes for all. Let us help you get better: Relias.com.For more information, contact:Lizzy AdamsPublic Relations Manager[emailprotected]919.351.1550Related Imagesrelias.png Relias SOURCE Relias Related Links http://Relias.com
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edtsum4759
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MOBILE, Ala., Aug. 5, 2020 /PRNewswire/ -- Personal injury law firmLattof&Lattof, P.C.has launched a brand new website. The new state-of-the-art site was designed with user experience in mind. The site integrates numerous cutting-edge design elements meant to improve navigation for the user, such as drop-down menus, text accordions, and sliders. The new site was designed to adapt to cellphones and tablets in addition to desktop computers and laptops. As consumers increasingly turn to their mobile devices to find information and services on the web, offering a seamless mobile experience is more important than ever.Lattof&Lattof, P.C., hopes that the new site will result in an improved experience for theironlinevisitors. ContactLattof&Lattof, P.C. if you need the services of apersonal injury lawyer in Mobile, AL. AboutLattof&Lattof, P.C.: Lattof&Lattof, P.C., is a premier personal injury law firm that has been defending Alabama injury victims since 1952. The founders MitchellLattofSr. and MitchellLattofJr. have over 100 years of combined experience and have recovered over $100 million in compensation for their clients. Part of the reason for the firm's success is the attorneys' dedication to each of their clients. Since opening their doors, theyhave helped over 10,000 clients. However, each client gets individual attention from both attorneys. When you hireLattof&Lattof, P.C., you are not hiring a large corporation that will assign assistants and paralegals to your case. You are hiring Mitch Jr. and Mitch Sr., who will be able to assist you through the entire process. They will be there for you when you have questions and you can count on them taking the time to get to know you and understand your situation. Contact theMobile personal injury lawyersatLattof&Lattof, P.C., today for more information. We handle all personal injury cases, including car accidents, truck accidents, motorcycle accidents, wrongful death claims, workers' compensation claims, and more. Call us today for a free, no-obligation consultation. Media Contact: Company Name:Lattof&Lattof, P.C. Contact Person: MitchellLattof Address: 156 St Anthony Street City: Mobile State: AL Zip: 36603 Country: United States Phone: (251) 432-6691 Website:https://lattoflaw.com/ Related Images lattof-lattof-p-c.png Lattof & Lattof, P.C. Company logo for Lattof & Lattof, P.C. - a Mobile, AL-based personal injury law firm. Related Links About Lattof & Lattof - Mobile, AL Mobile AL Personal Injury Blog SOURCE Lattof & Lattof, P.C.
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Lattof & Lattof, P.C. in Mobile, Alabama Launches New Website Lattof & Lattof, P.C., a personal injury law firm in Mobile, Alabama, launches a new site for its clients in Mobile and throughout Alabama.
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MOBILE, Ala., Aug. 5, 2020 /PRNewswire/ -- Personal injury law firmLattof&Lattof, P.C.has launched a brand new website. The new state-of-the-art site was designed with user experience in mind. The site integrates numerous cutting-edge design elements meant to improve navigation for the user, such as drop-down menus, text accordions, and sliders. The new site was designed to adapt to cellphones and tablets in addition to desktop computers and laptops. As consumers increasingly turn to their mobile devices to find information and services on the web, offering a seamless mobile experience is more important than ever.Lattof&Lattof, P.C., hopes that the new site will result in an improved experience for theironlinevisitors. ContactLattof&Lattof, P.C. if you need the services of apersonal injury lawyer in Mobile, AL. AboutLattof&Lattof, P.C.: Lattof&Lattof, P.C., is a premier personal injury law firm that has been defending Alabama injury victims since 1952. The founders MitchellLattofSr. and MitchellLattofJr. have over 100 years of combined experience and have recovered over $100 million in compensation for their clients. Part of the reason for the firm's success is the attorneys' dedication to each of their clients. Since opening their doors, theyhave helped over 10,000 clients. However, each client gets individual attention from both attorneys. When you hireLattof&Lattof, P.C., you are not hiring a large corporation that will assign assistants and paralegals to your case. You are hiring Mitch Jr. and Mitch Sr., who will be able to assist you through the entire process. They will be there for you when you have questions and you can count on them taking the time to get to know you and understand your situation. Contact theMobile personal injury lawyersatLattof&Lattof, P.C., today for more information. We handle all personal injury cases, including car accidents, truck accidents, motorcycle accidents, wrongful death claims, workers' compensation claims, and more. Call us today for a free, no-obligation consultation. Media Contact: Company Name:Lattof&Lattof, P.C. Contact Person: MitchellLattof Address: 156 St Anthony Street City: Mobile State: AL Zip: 36603 Country: United States Phone: (251) 432-6691 Website:https://lattoflaw.com/ Related Images lattof-lattof-p-c.png Lattof & Lattof, P.C. Company logo for Lattof & Lattof, P.C. - a Mobile, AL-based personal injury law firm. Related Links About Lattof & Lattof - Mobile, AL Mobile AL Personal Injury Blog SOURCE Lattof & Lattof, P.C.
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edtsum4765
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: ATLANTA, Dec. 15, 2020 /PRNewswire/ --Katalon releases a set of smart troubleshooting features which automates the test failure identification in the debugging process. This announcement highlights their vision of making automation achievable to all QA teams. Katalon LLC, provider of world-leading test automation solutions, announced the latest release of new smart troubleshooting features in Katalon Studio. Continue Reading Katalon Studio Smart Troubleshooting for Debugging Process "Troubleshooting is always a painful task; it takes us more and more time when the project becomes bigger and bigger," Dzung Ngo - Katalon's VP of Product - assessed. "Therefore, it raises the demand for a better solution. And yes, I believe that every QA deserves to have those innovations." Aimed to provide comprehensive failure insight, Katalon Studio adds new smart troubleshootingfeatures that provide immediate visualization of failed scenarios, including in headless environments. Combined with the existing mechanism that automatically resolves object locator flakiness - Self-healing - users now can automate critical steps in the debugging process, hence reducing time wasted on spotting bugs in automation test cases. It's the hope that the new features will solve the pain point of manual debugging, thus increasing automation scalability for all QA teams, and in turn, business ROI.Katalon smart troubleshooting features combination includes: Immediate recordings of every test case in all environments of choice, even in headless environments Exact snapshot of every failure for faster identification of root cause On-demand restoration of your AUT's state when a test failed, hence simplifies the process of locating broken objects. Automatic identification and resolving object locator flakiness upon product modification "In short, Katalon's troubleshooting package is built in the best interest of QA teams in any level of experience. I hope once equipped with those features, our users can work smarter and faster," said Dzung Ngo. These powerful combinations will shorten the time and the length of troubleshooting for QA professionals without limiting the testing capability for businesses. After the seamless troubleshooting experiences, users can then continue the test in Katalon Studio without starting from scratch.See the detailed tutorials on how to leverage Katalon's smart troubleshooting features here.About KatalonKatalon is a leading provider of software test automation solutions. The company offers a flexible platform for web, API, mobile, and desktop application testing that fits teams and projects of any size, for any purpose from creating tests, execution, reports to seamless integration with the CI/CD ecosystem.Katalon is widely adopted by a global community of users across 160+ countries. It is recognized as one of the top automation toolsby prestigious reports such as Gartner, Capterra, and IT Central Station. Katalon solutions include Katalon Studio, Katalon TestOps, Katalon Recorder, and Katalium. For more information, visit https://www.katalon.com.Media Contact:HuyDuongEmail: [emailprotected]Phone: +1 678-500-9185Related Imageskatalon-studio-smart.png Katalon Studio Smart Troubleshooting for Debugging Process Katalon Studio Smart Troubleshooting for Debugging Process Related LinksKatalon Studio Katalon Blog SOURCE Katalon LLC
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Katalon Introduces Smart Troubleshooting Features to Simplify Team Debugging Process
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ATLANTA, Dec. 15, 2020 /PRNewswire/ --Katalon releases a set of smart troubleshooting features which automates the test failure identification in the debugging process. This announcement highlights their vision of making automation achievable to all QA teams. Katalon LLC, provider of world-leading test automation solutions, announced the latest release of new smart troubleshooting features in Katalon Studio. Continue Reading Katalon Studio Smart Troubleshooting for Debugging Process "Troubleshooting is always a painful task; it takes us more and more time when the project becomes bigger and bigger," Dzung Ngo - Katalon's VP of Product - assessed. "Therefore, it raises the demand for a better solution. And yes, I believe that every QA deserves to have those innovations." Aimed to provide comprehensive failure insight, Katalon Studio adds new smart troubleshootingfeatures that provide immediate visualization of failed scenarios, including in headless environments. Combined with the existing mechanism that automatically resolves object locator flakiness - Self-healing - users now can automate critical steps in the debugging process, hence reducing time wasted on spotting bugs in automation test cases. It's the hope that the new features will solve the pain point of manual debugging, thus increasing automation scalability for all QA teams, and in turn, business ROI.Katalon smart troubleshooting features combination includes: Immediate recordings of every test case in all environments of choice, even in headless environments Exact snapshot of every failure for faster identification of root cause On-demand restoration of your AUT's state when a test failed, hence simplifies the process of locating broken objects. Automatic identification and resolving object locator flakiness upon product modification "In short, Katalon's troubleshooting package is built in the best interest of QA teams in any level of experience. I hope once equipped with those features, our users can work smarter and faster," said Dzung Ngo. These powerful combinations will shorten the time and the length of troubleshooting for QA professionals without limiting the testing capability for businesses. After the seamless troubleshooting experiences, users can then continue the test in Katalon Studio without starting from scratch.See the detailed tutorials on how to leverage Katalon's smart troubleshooting features here.About KatalonKatalon is a leading provider of software test automation solutions. The company offers a flexible platform for web, API, mobile, and desktop application testing that fits teams and projects of any size, for any purpose from creating tests, execution, reports to seamless integration with the CI/CD ecosystem.Katalon is widely adopted by a global community of users across 160+ countries. It is recognized as one of the top automation toolsby prestigious reports such as Gartner, Capterra, and IT Central Station. Katalon solutions include Katalon Studio, Katalon TestOps, Katalon Recorder, and Katalium. For more information, visit https://www.katalon.com.Media Contact:HuyDuongEmail: [emailprotected]Phone: +1 678-500-9185Related Imageskatalon-studio-smart.png Katalon Studio Smart Troubleshooting for Debugging Process Katalon Studio Smart Troubleshooting for Debugging Process Related LinksKatalon Studio Katalon Blog SOURCE Katalon LLC
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edtsum4770
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DENVER, April 15, 2021 /PRNewswire/ --The COPIC Medical Foundation supports organizations and initiatives that improve health care outcomes, patient safety and quality of care. The 2021 funding cycle focused on initiatives designed to reduce fragmentation across care settings. A top concern in patient safety, breakdowns in care from a fragmented health care system can lead to readmissions, missed diagnoses, medication errors, delayed treatment, duplicative testing and procedures, and reduction in quality of care leading to general patient and provider dissatisfaction. The COPIC Medical Foundation is a nonprofit organization affiliated with COPIC, a leading medical liability insurance provider. The 2021 cohort of COPIC Medical Foundation grantees include five incredible organizations of varied size and scope that impact health care in communities across the country. This year, the COPIC Medical Foundation granted a total of $775,000 in grants focused on reducing fragmentation across care settings. Grants support the following projects: Children's Health Fund (New York and national)A review, update, and dissemination of the successful Referral Management Initiative to incorporate new technologies to enhance care coordination procedures for pediatric populations living in under-resourced communities. Children's Hospital Colorado Foundation (Colorado)The ImPACT Navigation Hub: A centralized resource hub to coordinate the transition of young adult patients with pediatric onset conditions to adult care. Children's National Medical Center (Washington, D.C.)Improving coordination of pediatric mental care after psychiatric hospitalization. Kansas Healthcare Collaborative (Kansas)AlignAllHealth: A collaborative tool that combines all health information technology with highly trained clinical and care management staff to support innovative and data-driven care management processes for high-risk patients. Mile High Health Alliance (Colorado)The "Orange Flag" Project: Using historic, predictive and real-time data to inform emergency department personnel of a patient's high utilization of emergency services to aid in care coordination. "The COPIC Medical Foundation is proud to support those in health care who are making a difference and pushing innovative ideas forward," said Meredith Hintze, Executive Director of the COPIC Medical Foundation. "Our grant funding helps support solutions that can improve patient safety in ways that can be replicated across health care and/or create additional opportunities for expanded applications." About the COPIC Medical Foundation The COPIC Medical Foundation is a 501(c)(3) nonprofit organization that is part of the COPIC family of companies, and is guided by its mission "to be a catalyst in improving the quality of health care delivery by reducing adverse outcomes and supporting innovation." Since it was formed in 1991, the Foundation has provided more than $9 million to improving patient care and medical outcomes through grant funding and other initiatives. Our efforts have made a difference in communities by offering support to people, programs, and ideas that address health care issues and make a difference. www.copicfoundation.org SOURCE COPIC Medical Foundation
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COPIC Medical Foundation Announces Recipients of 2021 Grants
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DENVER, April 15, 2021 /PRNewswire/ --The COPIC Medical Foundation supports organizations and initiatives that improve health care outcomes, patient safety and quality of care. The 2021 funding cycle focused on initiatives designed to reduce fragmentation across care settings. A top concern in patient safety, breakdowns in care from a fragmented health care system can lead to readmissions, missed diagnoses, medication errors, delayed treatment, duplicative testing and procedures, and reduction in quality of care leading to general patient and provider dissatisfaction. The COPIC Medical Foundation is a nonprofit organization affiliated with COPIC, a leading medical liability insurance provider. The 2021 cohort of COPIC Medical Foundation grantees include five incredible organizations of varied size and scope that impact health care in communities across the country. This year, the COPIC Medical Foundation granted a total of $775,000 in grants focused on reducing fragmentation across care settings. Grants support the following projects: Children's Health Fund (New York and national)A review, update, and dissemination of the successful Referral Management Initiative to incorporate new technologies to enhance care coordination procedures for pediatric populations living in under-resourced communities. Children's Hospital Colorado Foundation (Colorado)The ImPACT Navigation Hub: A centralized resource hub to coordinate the transition of young adult patients with pediatric onset conditions to adult care. Children's National Medical Center (Washington, D.C.)Improving coordination of pediatric mental care after psychiatric hospitalization. Kansas Healthcare Collaborative (Kansas)AlignAllHealth: A collaborative tool that combines all health information technology with highly trained clinical and care management staff to support innovative and data-driven care management processes for high-risk patients. Mile High Health Alliance (Colorado)The "Orange Flag" Project: Using historic, predictive and real-time data to inform emergency department personnel of a patient's high utilization of emergency services to aid in care coordination. "The COPIC Medical Foundation is proud to support those in health care who are making a difference and pushing innovative ideas forward," said Meredith Hintze, Executive Director of the COPIC Medical Foundation. "Our grant funding helps support solutions that can improve patient safety in ways that can be replicated across health care and/or create additional opportunities for expanded applications." About the COPIC Medical Foundation The COPIC Medical Foundation is a 501(c)(3) nonprofit organization that is part of the COPIC family of companies, and is guided by its mission "to be a catalyst in improving the quality of health care delivery by reducing adverse outcomes and supporting innovation." Since it was formed in 1991, the Foundation has provided more than $9 million to improving patient care and medical outcomes through grant funding and other initiatives. Our efforts have made a difference in communities by offering support to people, programs, and ideas that address health care issues and make a difference. www.copicfoundation.org SOURCE COPIC Medical Foundation
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edtsum4787
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, April 12, 2021 /PRNewswire/ --The gear measuring machines market has faced a temporary slump in demand and production throughout 2019 and 2020 owing to restrictions on industrial activities and supply chains amid COVID-19 crisis. On the other hand, increasing applications of gears, ranging from large scale industrial production equipment to miniscule electronic devices, is expected to play a key role in recovery and growth through 2021 and beyond, finds Fact MR in a new study. The wide range of gear shapes, sizes, and materials used for production, and the relevant effects on geometry and customization for end use specifications are important influencing factors discussed in the gear measuring machines market studyby the consulting firm Fact.MR. Automotive and metal & mining sectors are emerging as major end users of these devices, a trend which is unlikely to change in the near future. The study has recalibrated pre-COVID-19 estimates, in terms of broader developments across industrial and electronic sectors. According to Fact.MR, the gear measuring machines market is estimated to reflect a moderate rate of growth through 2031, driven by steady demand since 2016. Aviation, automotive, mining and agricultural equipment manufacturers have made significant advances in product design, generating new gear design requirements and opportunities for gear measuring machine manufacturing companies. These changes in geometric design are anticipated to drive functional innovations from manufacturers towards flexibility in component miniaturization and precision in measurements. For more insights into the Market, Request a Sample of this Report https://www.factmr.com/connectus/sample?flag=S&rep_id=2062 Visual and CMM Metrology Applications Find Traction In terms of CMM-based devices, low levels of tolerance for measurement errors are vital for gear wheels to effectively transfer force without energy loss. The accuracy of production and gear measurements have to be conducted simultaneously for optimal results. Modern CMM gear measurement machines enables highly accurate functionality on coordinate measuring machines. Introduction of analytical 3D gear modelling and the graphic inputs enable improved efficacy. On the other hand, visual inspection devices are now designed to enable interaction between the graphic user interface and the analytical software. Visual inspection machines generate CAD models of gear designs encompassing geometric analysis. The graphic display allows end users with adequate expertise to visually check input values at a faster rate. Standardized measurements can be initiated in terms of official geometric definitions. "Rising focus on improving functional precision and the speed of gear measuring machines among gear manufacturers is projected to provide impetus to market growth. Production processes in myriad industrial procedures are constantly evolving, with components such as gears being miniaturized. Advanced technology is gaining ground in tandem with the requirements for customization. These are the key factors encouraging gear measuring machines manufacturers to focus on differentiation in technology and interface integration," says a Fact.MR analyst. Key Takeaways from Fact.MR's Gear Measuring Machines Report Automotive production facilities account for major market share driven by stringent standards of passenger safety for product sales. Visual inspection machines are expected to gain significant traction with 3D visual interfacing and accuracy in terms of expertise of end users. China and India are displaying high potential for growth driven by the presence of vast manufacturing and automotive production sectors. United States will hold significant share in the gear measuring machines market, supported by high medium and heavy vehicle production rates. Germany accounts for major share in Europe, driven by a robust automotive sector in the country. Functionality Advancement Strategies to Gain Attention Amidst Market Leaders Prominent gear measuring machine manufacturers profiled by Fact.MR include Continental Control System, Gleason Corporation, United Gear & Machine Company Inc., KLINGELNBERG, KAPP Werkzeugmaschinen GmbH, MDM Metrosoft S.r.l., Wenzel America Ltd., ZEISS International, Osaka Seimitsu Kikai Co., Ltd., Hexagon, Tokyo Technical Instrument, Inc., Marposs S.p.A., and Gearspect Group A.S. Leading manufacturers in the gear measuring machine market are extensively focusing on expanding product portfolios, with an emphasis on product differentiation through functionality improvements. For instance, in March 2021, Marposs S.p.A., launched a new user-friendly software for its optical technology testing systems, with intuitive interface for easy configuration of new measurements. Get Customization on this Report for Specific Country https://www.factmr.com/connectus/sample?flag=RC&rep_id=2062 Further, in November 2020, KLINGELNBERG introduced its new white light sensor technology, which is designed for applications associated to the sub-micrometer measurement range. Furthermore, Metrologic Group in December 2020 has announced the development of a its new Metrolog X4 and Silma X 4 devices for 3D, 5-axis gear measurement with ASME and ISO standards of geometric tolerancing. More Insights on the Gear Measuring Machines Market Fact.MR, in its latest offering, provides an unbiased analysis of the global gear measuring machines market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of maximum working diameter (<300 mm, 300 to 600 mm, 600 to 900 mm, 900 to 1200 mm, and above 1200 mm), permissible test gear weight(below 50 kg, 50 to 100 kg, 100 to 250 kg, 250 to 500 kg, 500 to 750 kg, and above 1000 kg), and application (gear manufacturing, automotive manufacturing, construction and mining equipment, aviation industry, agriculture & forestry equipment, industrial equipment and others), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa). Key Questions Covered in the Report How is the global gear measuring machines market expected to grow in 2021? Why is the demand for gear measuring machines gaining momentum? How is urbanization influencing gear measuring machines sales in the future? What factors are attracting prominent gear measuring machines manufacturers to China? Why is Europe a lucrative hub for key gear measuring machines market players? How do growth prospects appear for the US, UK and French biometrics industry? Which are the prominent gear measuring machines manufacturers profiled in Fact.MR's report? Request More Information about Report Methodology https://www.factmr.com/connectus/sample?flag=RM&rep_id=2062 ExploreFact.MR'sCoverage on the Industrial Goods Domain Vertical Gear Motor Market: A recent study by Fact.MR on the vertical gear motor market offers a 10-year forecast from 2021 to2031. The study analyzes crucial trends that are currently determining market growth. This gear vertical motor market and industry report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players. Gear Reduction Motor Market:Fact.MR'srecent report on the gear reduction motor market offers a forecast from 2018 to 2027, highlighting such key aspects as drivers, opportunities and trends prevailing across the aforementioned period. The report provides a detailed analysis of key segments' growth prospects across prominent geographies, along with information on the important stakeholders and manufacturers operating in the landscape. Gear Cutting Machines Market: A detailed assessment of global gear cutting machines value chain analysis, business execution, and supply chain analysis across the regional markets has been covered inFact.MR'selaborate coverage on the landscape. Statistics have been provided for keysegments'and their expansion prospects across prominent geographical locations. About Fact.MR Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner. Contact: US Sales Office:11140 Rockville PikeSuite 400Rockville, MD 20852United StatesTel:+1 (628) 251-1583E:[emailprotected]Follow Us:LinkedIn| Twitter SOURCE Fact.MR
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Demand for Industrial Gear Solutions with Complex Designs Driving Gear Measuring Machines Market: Fact.MR
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NEW YORK, April 12, 2021 /PRNewswire/ --The gear measuring machines market has faced a temporary slump in demand and production throughout 2019 and 2020 owing to restrictions on industrial activities and supply chains amid COVID-19 crisis. On the other hand, increasing applications of gears, ranging from large scale industrial production equipment to miniscule electronic devices, is expected to play a key role in recovery and growth through 2021 and beyond, finds Fact MR in a new study. The wide range of gear shapes, sizes, and materials used for production, and the relevant effects on geometry and customization for end use specifications are important influencing factors discussed in the gear measuring machines market studyby the consulting firm Fact.MR. Automotive and metal & mining sectors are emerging as major end users of these devices, a trend which is unlikely to change in the near future. The study has recalibrated pre-COVID-19 estimates, in terms of broader developments across industrial and electronic sectors. According to Fact.MR, the gear measuring machines market is estimated to reflect a moderate rate of growth through 2031, driven by steady demand since 2016. Aviation, automotive, mining and agricultural equipment manufacturers have made significant advances in product design, generating new gear design requirements and opportunities for gear measuring machine manufacturing companies. These changes in geometric design are anticipated to drive functional innovations from manufacturers towards flexibility in component miniaturization and precision in measurements. For more insights into the Market, Request a Sample of this Report https://www.factmr.com/connectus/sample?flag=S&rep_id=2062 Visual and CMM Metrology Applications Find Traction In terms of CMM-based devices, low levels of tolerance for measurement errors are vital for gear wheels to effectively transfer force without energy loss. The accuracy of production and gear measurements have to be conducted simultaneously for optimal results. Modern CMM gear measurement machines enables highly accurate functionality on coordinate measuring machines. Introduction of analytical 3D gear modelling and the graphic inputs enable improved efficacy. On the other hand, visual inspection devices are now designed to enable interaction between the graphic user interface and the analytical software. Visual inspection machines generate CAD models of gear designs encompassing geometric analysis. The graphic display allows end users with adequate expertise to visually check input values at a faster rate. Standardized measurements can be initiated in terms of official geometric definitions. "Rising focus on improving functional precision and the speed of gear measuring machines among gear manufacturers is projected to provide impetus to market growth. Production processes in myriad industrial procedures are constantly evolving, with components such as gears being miniaturized. Advanced technology is gaining ground in tandem with the requirements for customization. These are the key factors encouraging gear measuring machines manufacturers to focus on differentiation in technology and interface integration," says a Fact.MR analyst. Key Takeaways from Fact.MR's Gear Measuring Machines Report Automotive production facilities account for major market share driven by stringent standards of passenger safety for product sales. Visual inspection machines are expected to gain significant traction with 3D visual interfacing and accuracy in terms of expertise of end users. China and India are displaying high potential for growth driven by the presence of vast manufacturing and automotive production sectors. United States will hold significant share in the gear measuring machines market, supported by high medium and heavy vehicle production rates. Germany accounts for major share in Europe, driven by a robust automotive sector in the country. Functionality Advancement Strategies to Gain Attention Amidst Market Leaders Prominent gear measuring machine manufacturers profiled by Fact.MR include Continental Control System, Gleason Corporation, United Gear & Machine Company Inc., KLINGELNBERG, KAPP Werkzeugmaschinen GmbH, MDM Metrosoft S.r.l., Wenzel America Ltd., ZEISS International, Osaka Seimitsu Kikai Co., Ltd., Hexagon, Tokyo Technical Instrument, Inc., Marposs S.p.A., and Gearspect Group A.S. Leading manufacturers in the gear measuring machine market are extensively focusing on expanding product portfolios, with an emphasis on product differentiation through functionality improvements. For instance, in March 2021, Marposs S.p.A., launched a new user-friendly software for its optical technology testing systems, with intuitive interface for easy configuration of new measurements. Get Customization on this Report for Specific Country https://www.factmr.com/connectus/sample?flag=RC&rep_id=2062 Further, in November 2020, KLINGELNBERG introduced its new white light sensor technology, which is designed for applications associated to the sub-micrometer measurement range. Furthermore, Metrologic Group in December 2020 has announced the development of a its new Metrolog X4 and Silma X 4 devices for 3D, 5-axis gear measurement with ASME and ISO standards of geometric tolerancing. More Insights on the Gear Measuring Machines Market Fact.MR, in its latest offering, provides an unbiased analysis of the global gear measuring machines market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of maximum working diameter (<300 mm, 300 to 600 mm, 600 to 900 mm, 900 to 1200 mm, and above 1200 mm), permissible test gear weight(below 50 kg, 50 to 100 kg, 100 to 250 kg, 250 to 500 kg, 500 to 750 kg, and above 1000 kg), and application (gear manufacturing, automotive manufacturing, construction and mining equipment, aviation industry, agriculture & forestry equipment, industrial equipment and others), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa). Key Questions Covered in the Report How is the global gear measuring machines market expected to grow in 2021? Why is the demand for gear measuring machines gaining momentum? How is urbanization influencing gear measuring machines sales in the future? What factors are attracting prominent gear measuring machines manufacturers to China? Why is Europe a lucrative hub for key gear measuring machines market players? How do growth prospects appear for the US, UK and French biometrics industry? Which are the prominent gear measuring machines manufacturers profiled in Fact.MR's report? Request More Information about Report Methodology https://www.factmr.com/connectus/sample?flag=RM&rep_id=2062 ExploreFact.MR'sCoverage on the Industrial Goods Domain Vertical Gear Motor Market: A recent study by Fact.MR on the vertical gear motor market offers a 10-year forecast from 2021 to2031. The study analyzes crucial trends that are currently determining market growth. This gear vertical motor market and industry report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players. Gear Reduction Motor Market:Fact.MR'srecent report on the gear reduction motor market offers a forecast from 2018 to 2027, highlighting such key aspects as drivers, opportunities and trends prevailing across the aforementioned period. The report provides a detailed analysis of key segments' growth prospects across prominent geographies, along with information on the important stakeholders and manufacturers operating in the landscape. Gear Cutting Machines Market: A detailed assessment of global gear cutting machines value chain analysis, business execution, and supply chain analysis across the regional markets has been covered inFact.MR'selaborate coverage on the landscape. Statistics have been provided for keysegments'and their expansion prospects across prominent geographical locations. About Fact.MR Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner. Contact: US Sales Office:11140 Rockville PikeSuite 400Rockville, MD 20852United StatesTel:+1 (628) 251-1583E:[emailprotected]Follow Us:LinkedIn| Twitter SOURCE Fact.MR
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edtsum4796
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CHICAGO--(BUSINESS WIRE)--Nominations are now being accepted for the Information Technology Certification Council's (ITCC) Innovation Award. Now in its sixth year, the ITCC Innovation Award recognizes leadership initiatives that have positively impacted IT companies or the certification industry. Weve all had to be more innovative in the face of challenges presented in 2020, so if your company or one you work with has implemented an innovative test, process, or service within the past two years, we want to hear from you. Constant innovation is a key pillar to IT and associated certification programs, often leading the way for the rest of the industry. It is the honor of the ITCC to recognize organizations that develop new, improved and creative ways to drive the industry forward, said Jedi Hammond, ITCC Chair. Submission Qualifications: Nominations will be accepted through Friday, January 29th, 2021. The award presentation will take place at the ITCC Spring Member Meeting. Please complete the submission form and email it to [email protected]. For information on the ITCC Innovation Award and past award winners like HPE, SAP, IBM, Microsoft, and The Linux Foundation, please visit the Innovation Award page on the ITCC website. About ITCC The IT Certification Council (ITCC) is a nonprofit organization committed to growing and promoting professional IT certifications. Its core purpose is to support the industry and member companies by marketing the value of certification, promoting exam security, furthering innovation, and establishing and sharing industry best practices. Founded in 2007, ITCC is a community of 35+ of the most respected companies in the IT certification industry. Members have access to exclusive resources, collaborate with industry leaders, and engage in task forces working on initiatives to benefit the certification industry. Learn more at www.itcertcouncil.org.
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ITCC Be Recognized as an IT Certification Innovator ITCC Innovation Award: Call for Submissions Now Open
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CHICAGO--(BUSINESS WIRE)--Nominations are now being accepted for the Information Technology Certification Council's (ITCC) Innovation Award. Now in its sixth year, the ITCC Innovation Award recognizes leadership initiatives that have positively impacted IT companies or the certification industry. Weve all had to be more innovative in the face of challenges presented in 2020, so if your company or one you work with has implemented an innovative test, process, or service within the past two years, we want to hear from you. Constant innovation is a key pillar to IT and associated certification programs, often leading the way for the rest of the industry. It is the honor of the ITCC to recognize organizations that develop new, improved and creative ways to drive the industry forward, said Jedi Hammond, ITCC Chair. Submission Qualifications: Nominations will be accepted through Friday, January 29th, 2021. The award presentation will take place at the ITCC Spring Member Meeting. Please complete the submission form and email it to [email protected]. For information on the ITCC Innovation Award and past award winners like HPE, SAP, IBM, Microsoft, and The Linux Foundation, please visit the Innovation Award page on the ITCC website. About ITCC The IT Certification Council (ITCC) is a nonprofit organization committed to growing and promoting professional IT certifications. Its core purpose is to support the industry and member companies by marketing the value of certification, promoting exam security, furthering innovation, and establishing and sharing industry best practices. Founded in 2007, ITCC is a community of 35+ of the most respected companies in the IT certification industry. Members have access to exclusive resources, collaborate with industry leaders, and engage in task forces working on initiatives to benefit the certification industry. Learn more at www.itcertcouncil.org.
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edtsum4799
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, Oct. 8, 2020 /PRNewswire/ --Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of $70.5 billion as of September 30, 2020, a decrease of $1.6 billion from assets under management at August 31, 2020. The decrease was due to net outflows of $24 million, market depreciation of $1.2 billion and distributions of $303 million. Assets Under Management (unaudited) ($ in millions) AUM Net Market Appreciation AUM By investment vehicle: 8/31/2020 Flows (Depreciation) Distributions 9/30/2020 Institutional Accounts: Japan Subadvisory $9,288 $93 ($244) ($121) $9,016 Subadvisory excluding Japan 5,341 57 (127) - 5,271 Advisory 16,894 (502) (299) - 16,093 Total Institutional Accounts 31,523 (352) (670) (121) 30,380 Open-end Funds 31,654 328 (438) (140) 31,404 Closed-end Funds 8,896 - (135) (42) 8,719 Total AUM $72,073 ($24) ($1,243) ($303) $70,503 About Cohen & SteersCohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure and natural resource equities, as well as preferred securities and other income solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo. SOURCE Cohen & Steers, Inc.
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Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For September 2020
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NEW YORK, Oct. 8, 2020 /PRNewswire/ --Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of $70.5 billion as of September 30, 2020, a decrease of $1.6 billion from assets under management at August 31, 2020. The decrease was due to net outflows of $24 million, market depreciation of $1.2 billion and distributions of $303 million. Assets Under Management (unaudited) ($ in millions) AUM Net Market Appreciation AUM By investment vehicle: 8/31/2020 Flows (Depreciation) Distributions 9/30/2020 Institutional Accounts: Japan Subadvisory $9,288 $93 ($244) ($121) $9,016 Subadvisory excluding Japan 5,341 57 (127) - 5,271 Advisory 16,894 (502) (299) - 16,093 Total Institutional Accounts 31,523 (352) (670) (121) 30,380 Open-end Funds 31,654 328 (438) (140) 31,404 Closed-end Funds 8,896 - (135) (42) 8,719 Total AUM $72,073 ($24) ($1,243) ($303) $70,503 About Cohen & SteersCohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure and natural resource equities, as well as preferred securities and other income solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo. SOURCE Cohen & Steers, Inc.
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edtsum4817
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: Achieving ultra-low latency as low as 5ms* and lay the foundations for OTTs to capture US$100 billion internet economy opportunity in South East Asia HGC becomes the one-stop-shop player to provide agile and reliable network connectivity with fast and ultra-low latency direct local route to users; Following a successful implementation in Hong Kong, Singapore is latest to benefit from the new platform with more than 5.2 million users (nearly 100% users) covered; HGC aims to roll out the service to a further 400 million users, amid US$100bn internet boom in SEA; The Eyeball-as-a-Service is part of the Asian strategic expansion to extend ICT capabilities in Asia with Singapore upgraded as major Asian hub HONG KONG, Feb. 22,2021 /PRNewswire/ -- HGC Global Communications Limited (HGC), a fully-fledged ICT service provider and network operator with extensive global coverage, announces the launch of Eyeball-as-a-Service (EaaS) in Singapore to help international Over-The-Top (OTT) operators, content providers and e-commerce companies expand their footprint across wide geographical landmasses at high-speed, low latency and best-in-class service-level agreements (SLA) to fulfill the extensive applications fuelled by 5G edge computing. With the continuous expansion of interactive OTT players such as gaming companies (e.g. MOBA/MMOG/MMORPG), esports, virtual commerce, media content providers, internet businesses, AI & IoT technology solution providers, application developers and start-ups, the demand of high-quality and easily accessible network reach has never been so significant. HGC's EaaS ready-to-go platform comes to assist both Tier 1 and Tier 2 OTTs penetration in the South East Asia region, one of the largest revenue generators. EaaS reduces time-to-market from months to weeks, with HGC's one-stop direct peering connection to major ISPs, regional MNO, local Internet Exchange and commercial/residential broadband providers in Asia's key metro areas. The newly launched HGC EaaS service facilitates OTTs to reach nearly 100% of Internet eyeballs in Singapore. Riding on HGC's fine-tuned IP transit network, HGC is able to deliver a least-hop, optimised, direct local connections from OTTs' edge servers to end-users with ultra-low latency that significantly improves users' Quality of Experience (QoE). The EaaS service enables OTTs to overcome complex technical and commercial arrangements, as to enhance efficiency when expanding into new fast-developing markets. Such high-quality connection is suitable for general business applications and ideal for time-sensitive and location-aware use cases including online gaming, eHealth and commercial or industrial automation. "Given the current market climate, we understand that OTTs want simplicity, flexibility, customisation and ultra-high performance. We are thrilled to offer our customers in Singapore this one-of-a-kind business opportunity to expand their footprints fast and easily," said Dennis Chan, AVP-- OTT, international Business, at HGC. "The Eyeball-as-a-Service hub is unique in its nature where it not only dramatically reduces the complexity of expanding networks but also brings with it itsaffordable connectivity and a pioneering aggregator platform." "The diversified EaaS is designed to serve not only Asian companies but also others across the globe, mainly European and North American OTTs who will expand in the region; while at the same time, HGC supports business' globalisation with our international connectivity. Hong Kong and Singapore are our international connectivity hubs in Asia, and we will be aggressively expanding in South East Asia, with the next EaaS hub to be added in more Asian countries in near future." Cliff Tam, HGC's Vice President, Global Data Strategy of International Business, said: "It is no exaggeration that a new internet user-base is booming across Asia. Taking gaming as an example, the top 10 gaming markets in the region cover India, Indonesia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, the Philippines and Vietnam. When considering Mainland China and the Asia-10, these countries represent more than 50% of the world's mobile games market revenue. With the new EaaS service, HGC can uniquely support gaming companies, application developers, start-ups and other players in unlocking the full value of OTT services in further penetrating into Asia at a fast-to-market pace." HGC plans to extend the service to new countries in the South East Asia region, scaling up the EaaS coverage to 400 million of users in the near future, and support OTTs' business penetration under the US$100 billion Southeast Asia's internet economy boom. Contact us to learn more: [emailprotected] HGC Eyeball-as-a-Service Solution: https://www.hgc-intl.com/products-and-services/ott-edge-solutions/ott-solution/ *HGC Eyeball-as-a-Service Peering Platform Internal Testing Result within Singapore region. About HGC Global Communications Limited HGC Global Communications Limited (HGC) is a leading Hong Kong and international fixed-line operator. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 23overseas offices, with business over 5 continents. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. HGC is one of Hong Kong's largest Wi-Fi service providers, running over 29,000 Wi-Fi hotspots in Hong Kong. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities and transport in North America, Europe and selected fast-growing economies. To learn more, please visit HGC's website at: www.hgc.com.hk SOURCE HGC Global Communications Limited (HGC) Related Links http://www.hgc.com.hk
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HGC launches Eyeball-as-a-Service(TM) in Singapore to fuel OTT edge computing user experience USA - English USA - English
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Achieving ultra-low latency as low as 5ms* and lay the foundations for OTTs to capture US$100 billion internet economy opportunity in South East Asia HGC becomes the one-stop-shop player to provide agile and reliable network connectivity with fast and ultra-low latency direct local route to users; Following a successful implementation in Hong Kong, Singapore is latest to benefit from the new platform with more than 5.2 million users (nearly 100% users) covered; HGC aims to roll out the service to a further 400 million users, amid US$100bn internet boom in SEA; The Eyeball-as-a-Service is part of the Asian strategic expansion to extend ICT capabilities in Asia with Singapore upgraded as major Asian hub HONG KONG, Feb. 22,2021 /PRNewswire/ -- HGC Global Communications Limited (HGC), a fully-fledged ICT service provider and network operator with extensive global coverage, announces the launch of Eyeball-as-a-Service (EaaS) in Singapore to help international Over-The-Top (OTT) operators, content providers and e-commerce companies expand their footprint across wide geographical landmasses at high-speed, low latency and best-in-class service-level agreements (SLA) to fulfill the extensive applications fuelled by 5G edge computing. With the continuous expansion of interactive OTT players such as gaming companies (e.g. MOBA/MMOG/MMORPG), esports, virtual commerce, media content providers, internet businesses, AI & IoT technology solution providers, application developers and start-ups, the demand of high-quality and easily accessible network reach has never been so significant. HGC's EaaS ready-to-go platform comes to assist both Tier 1 and Tier 2 OTTs penetration in the South East Asia region, one of the largest revenue generators. EaaS reduces time-to-market from months to weeks, with HGC's one-stop direct peering connection to major ISPs, regional MNO, local Internet Exchange and commercial/residential broadband providers in Asia's key metro areas. The newly launched HGC EaaS service facilitates OTTs to reach nearly 100% of Internet eyeballs in Singapore. Riding on HGC's fine-tuned IP transit network, HGC is able to deliver a least-hop, optimised, direct local connections from OTTs' edge servers to end-users with ultra-low latency that significantly improves users' Quality of Experience (QoE). The EaaS service enables OTTs to overcome complex technical and commercial arrangements, as to enhance efficiency when expanding into new fast-developing markets. Such high-quality connection is suitable for general business applications and ideal for time-sensitive and location-aware use cases including online gaming, eHealth and commercial or industrial automation. "Given the current market climate, we understand that OTTs want simplicity, flexibility, customisation and ultra-high performance. We are thrilled to offer our customers in Singapore this one-of-a-kind business opportunity to expand their footprints fast and easily," said Dennis Chan, AVP-- OTT, international Business, at HGC. "The Eyeball-as-a-Service hub is unique in its nature where it not only dramatically reduces the complexity of expanding networks but also brings with it itsaffordable connectivity and a pioneering aggregator platform." "The diversified EaaS is designed to serve not only Asian companies but also others across the globe, mainly European and North American OTTs who will expand in the region; while at the same time, HGC supports business' globalisation with our international connectivity. Hong Kong and Singapore are our international connectivity hubs in Asia, and we will be aggressively expanding in South East Asia, with the next EaaS hub to be added in more Asian countries in near future." Cliff Tam, HGC's Vice President, Global Data Strategy of International Business, said: "It is no exaggeration that a new internet user-base is booming across Asia. Taking gaming as an example, the top 10 gaming markets in the region cover India, Indonesia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, the Philippines and Vietnam. When considering Mainland China and the Asia-10, these countries represent more than 50% of the world's mobile games market revenue. With the new EaaS service, HGC can uniquely support gaming companies, application developers, start-ups and other players in unlocking the full value of OTT services in further penetrating into Asia at a fast-to-market pace." HGC plans to extend the service to new countries in the South East Asia region, scaling up the EaaS coverage to 400 million of users in the near future, and support OTTs' business penetration under the US$100 billion Southeast Asia's internet economy boom. Contact us to learn more: [emailprotected] HGC Eyeball-as-a-Service Solution: https://www.hgc-intl.com/products-and-services/ott-edge-solutions/ott-solution/ *HGC Eyeball-as-a-Service Peering Platform Internal Testing Result within Singapore region. About HGC Global Communications Limited HGC Global Communications Limited (HGC) is a leading Hong Kong and international fixed-line operator. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 23overseas offices, with business over 5 continents. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. HGC is one of Hong Kong's largest Wi-Fi service providers, running over 29,000 Wi-Fi hotspots in Hong Kong. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities and transport in North America, Europe and selected fast-growing economies. To learn more, please visit HGC's website at: www.hgc.com.hk SOURCE HGC Global Communications Limited (HGC) Related Links http://www.hgc.com.hk
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edtsum4818
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: GRAND JUNCTION, Colo., Jan. 29, 2021 /PRNewswire/ -- ProStar Holdings Inc. ("ProStar" or the "Company") (TSXV: MAPS) is pleased to announce that JimAnspach,a global expert in Subsurface Utility Engineering (SUE),has joined ProStar andwillserve as Chair on theCompany's TechnologyAdvisory Board as well as asubject matter expert onthedevelopment of ProStar's Solution. Mr. Anspach has been instrumental in the utility engineering industry with more than 40 years ofglobal experience, including in the US, Canada, UK, and Australia. Mr. Anspach was a founding governor and President of The American Society of Civil Engineer's Utility Engineering & Surveying Institute (UESI). Additionally, he was elected as a Distinguished Member of the American Society of Civil Engineers for his life-long eminence in utility engineering and utility damage prevention development, knowledge and experience. "Developing systems and practices that create better location data of the vast underground utility infrastructurehave been my life's work," stated Jim Anspach. "I have joined ProStar as I feel the Company offers the most modern and technical platform that enables a simple solution to solve several major challenges facing the utility industry today." The mission of the ProStar Technology Advisory Board ("TAB") is to provide integrated executive direction and guidance in order to identify and to ensure the ProStar's Solution remains a leader in the industry and data quality standards. The TAB, under Mr. Anspach'sleadership, will identify industry trends, document wider industry needs and improve industry standards, practices, and workflows. The TAB will engage with key industry leaders thatincludeengineering and surveying firms,government regulators, academia, and standardscommittees in ordertoassesstheir requirements and influence the direction ofthe development of ProStar's Solution. "Iam very pleased that Jim has joined ProStar and will Chair our TechnologyAdvisoryBoard and also serve as our subject matter expert on SUE matters. Jim is not only a greataddition to ourCompany in terms of guiding ourdevelopment and ensuring we adhere to industrystandards, but he also bringsatremendousamount ofcredibility and visibility to ProStar," After all, Jim is considered the godfather of subsurface utility engineering andliterally everyone in theindustry knows who he is,"said Page Tucker, CEO of ProStar. About ProStar (TSXV:MAPS)ProStar specializes in the development of Precision Mapping Solutions. ProStar's Solution is patented, natively cloud and mobile, and offered as a SaaS recurring revenue model. ProStar's Solution is designed to improve the business operations of any industry that requires the precise location of sub-surface infrastructure including utility, oil & gas, construction, engineering & surveying, 811 and contract locating. ProStar's Solution enables real-time access to precise location information where and when it is most needed. Knowing the type, precise location, and condition of what lies below the earth's surface can significantly reduce costs, decrease liabilities, improve environmental stewardship and increase productivity during construction and maintenance activities. For more information visit: prostarcorp.com Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements Regarding Forward-Looking InformationThis press release contains forward-looking information within the meaning of Canadian securities. Alex Moore Investor Relations Support [emailprotected] 970-242-4024 SOURCE ProStar Holdings Inc.
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Jim Anspach, The Renowned Global Expert in Subsurface Utility Engineering, Joins ProStar
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GRAND JUNCTION, Colo., Jan. 29, 2021 /PRNewswire/ -- ProStar Holdings Inc. ("ProStar" or the "Company") (TSXV: MAPS) is pleased to announce that JimAnspach,a global expert in Subsurface Utility Engineering (SUE),has joined ProStar andwillserve as Chair on theCompany's TechnologyAdvisory Board as well as asubject matter expert onthedevelopment of ProStar's Solution. Mr. Anspach has been instrumental in the utility engineering industry with more than 40 years ofglobal experience, including in the US, Canada, UK, and Australia. Mr. Anspach was a founding governor and President of The American Society of Civil Engineer's Utility Engineering & Surveying Institute (UESI). Additionally, he was elected as a Distinguished Member of the American Society of Civil Engineers for his life-long eminence in utility engineering and utility damage prevention development, knowledge and experience. "Developing systems and practices that create better location data of the vast underground utility infrastructurehave been my life's work," stated Jim Anspach. "I have joined ProStar as I feel the Company offers the most modern and technical platform that enables a simple solution to solve several major challenges facing the utility industry today." The mission of the ProStar Technology Advisory Board ("TAB") is to provide integrated executive direction and guidance in order to identify and to ensure the ProStar's Solution remains a leader in the industry and data quality standards. The TAB, under Mr. Anspach'sleadership, will identify industry trends, document wider industry needs and improve industry standards, practices, and workflows. The TAB will engage with key industry leaders thatincludeengineering and surveying firms,government regulators, academia, and standardscommittees in ordertoassesstheir requirements and influence the direction ofthe development of ProStar's Solution. "Iam very pleased that Jim has joined ProStar and will Chair our TechnologyAdvisoryBoard and also serve as our subject matter expert on SUE matters. Jim is not only a greataddition to ourCompany in terms of guiding ourdevelopment and ensuring we adhere to industrystandards, but he also bringsatremendousamount ofcredibility and visibility to ProStar," After all, Jim is considered the godfather of subsurface utility engineering andliterally everyone in theindustry knows who he is,"said Page Tucker, CEO of ProStar. About ProStar (TSXV:MAPS)ProStar specializes in the development of Precision Mapping Solutions. ProStar's Solution is patented, natively cloud and mobile, and offered as a SaaS recurring revenue model. ProStar's Solution is designed to improve the business operations of any industry that requires the precise location of sub-surface infrastructure including utility, oil & gas, construction, engineering & surveying, 811 and contract locating. ProStar's Solution enables real-time access to precise location information where and when it is most needed. Knowing the type, precise location, and condition of what lies below the earth's surface can significantly reduce costs, decrease liabilities, improve environmental stewardship and increase productivity during construction and maintenance activities. For more information visit: prostarcorp.com Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements Regarding Forward-Looking InformationThis press release contains forward-looking information within the meaning of Canadian securities. Alex Moore Investor Relations Support [emailprotected] 970-242-4024 SOURCE ProStar Holdings Inc.
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: AUSTIN, Texas--(BUSINESS WIRE)--Uhnder, a company disrupting the mobility market through digital perception, announced today that it has closed a $45 million Series C funding in November 2020. The round was led by Uhnders newest customer and partner, Sensata Technologies, with participation by new and existing investors. Sensata intends to use Uhnders digital imaging radar chip in applications for markets where they are a key supplier, including mining, agriculture, aerospace, and construction. Uhnder is providing digital 4D software defined imaging radar technology that provides greater performance compared to todays analog radar technology. The development marks a significant advancement for the autonomous vehicles industry in particular, with improved resolution and detection capabilities that lead to increased safety of people, roads and cities. Uhnders latest round of financing adds to earlier rounds, including a Series A round led by Sands Capital Ventures in 2017, and a Series B round led by Khosla Ventures in 2019. In total, Uhnder has raised over $145 million in financing from leading venture capital firms, key customers, end users, and strategic semiconductor partners including Magna, Khosla Ventures, Sands Capital Ventures, ACME Capital, Lockheed Martin, SAIC, and new investors EDOM, TDK Ventures and Qualcomm Ventures. This support strengthens Uhnders position as a strategic differentiator for next generation automotive radar systems and accelerates the companys ability to provide customers with a significantly higher performance solution for their perception systems. Sensata is pleased to partner with Uhnder as a customer and strategic investor, said Steven Beringhause, EVP and CTO of Sensata Technologies. Our perception systems will be deployed globally across a range of applications. Its exciting to support the evolution to higher performance digital radar, enabling our customers to deliver increasing levels of safety in their end applications. Uhnders innovative, fully digital 4D software defined imaging radar technology uses Digital Code Modulation (DCM) to replace traditional analog frequency modulation. This breakthrough architecture enables unrivaled angular resolution and interference rejection. Uhnders use of DCM also allows High Contrast Resolution (HCR) to resolve juxtaposed objects previously undetectable by traditional radar sensors. Customers requiring best-in-class radar for autonomous systems are fueling demand for Uhnders chip and system solutions. We are pleased to see strong investor and market response to our digital radar product, which will enable our customers to advance mobility to the next level, said Uhnder CEO, Manju Hegde. With HCR, bicyclists, children, or pedestrians hidden by a large object such as a truck or an SUV can be detected early enough for the vehicle to take evasive action. Uhnders 4D sensing can quickly detect, track, and generate a digital image of obstacles with precision that hasn't been seen in the past, says Sven Strohband, Managing Director at Khosla Ventures, lead investor for Series B. Our investment in Uhnder brings the market increasingly closer to realizing autonomous transportation. The automation of everything, not just vehicles, is upon us, said Ian Ratcliffe, Managing Partner at Sands Capital Ventures, lead investor for Series A. Uhnders ground-breaking digital software defined radar enables customers to quickly customize their perception stack to the unique features of their application, which I expect will spur a barrage of innovation. Uhnders flagship product, VoxelTM, is expected to be in production and automotive qualified in 2021. About Uhnder Uhnder is leading the transformation of radar from traditional analog modulation to Digital Code Modulation (DCM). Uhnders patent pending technology delivers substantially more accurate results across complex use cases, making autonomy possible. Uhnders innovation promises to redefine perception-based solutions, offering improved performance, a smaller footprint, and lower power consumption. Headquartered in Austin and launched in 2015 by Manju Hegde and Curtis Davis, Uhnder is the only pure play radar supplier delivering both digital radar chips and systems. For more information, visit: https://www.uhnder.com/.
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Uhnder Closes Series C Funding Total Funding of $145M to Accelerate Transition from Analog to Digital Radar
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AUSTIN, Texas--(BUSINESS WIRE)--Uhnder, a company disrupting the mobility market through digital perception, announced today that it has closed a $45 million Series C funding in November 2020. The round was led by Uhnders newest customer and partner, Sensata Technologies, with participation by new and existing investors. Sensata intends to use Uhnders digital imaging radar chip in applications for markets where they are a key supplier, including mining, agriculture, aerospace, and construction. Uhnder is providing digital 4D software defined imaging radar technology that provides greater performance compared to todays analog radar technology. The development marks a significant advancement for the autonomous vehicles industry in particular, with improved resolution and detection capabilities that lead to increased safety of people, roads and cities. Uhnders latest round of financing adds to earlier rounds, including a Series A round led by Sands Capital Ventures in 2017, and a Series B round led by Khosla Ventures in 2019. In total, Uhnder has raised over $145 million in financing from leading venture capital firms, key customers, end users, and strategic semiconductor partners including Magna, Khosla Ventures, Sands Capital Ventures, ACME Capital, Lockheed Martin, SAIC, and new investors EDOM, TDK Ventures and Qualcomm Ventures. This support strengthens Uhnders position as a strategic differentiator for next generation automotive radar systems and accelerates the companys ability to provide customers with a significantly higher performance solution for their perception systems. Sensata is pleased to partner with Uhnder as a customer and strategic investor, said Steven Beringhause, EVP and CTO of Sensata Technologies. Our perception systems will be deployed globally across a range of applications. Its exciting to support the evolution to higher performance digital radar, enabling our customers to deliver increasing levels of safety in their end applications. Uhnders innovative, fully digital 4D software defined imaging radar technology uses Digital Code Modulation (DCM) to replace traditional analog frequency modulation. This breakthrough architecture enables unrivaled angular resolution and interference rejection. Uhnders use of DCM also allows High Contrast Resolution (HCR) to resolve juxtaposed objects previously undetectable by traditional radar sensors. Customers requiring best-in-class radar for autonomous systems are fueling demand for Uhnders chip and system solutions. We are pleased to see strong investor and market response to our digital radar product, which will enable our customers to advance mobility to the next level, said Uhnder CEO, Manju Hegde. With HCR, bicyclists, children, or pedestrians hidden by a large object such as a truck or an SUV can be detected early enough for the vehicle to take evasive action. Uhnders 4D sensing can quickly detect, track, and generate a digital image of obstacles with precision that hasn't been seen in the past, says Sven Strohband, Managing Director at Khosla Ventures, lead investor for Series B. Our investment in Uhnder brings the market increasingly closer to realizing autonomous transportation. The automation of everything, not just vehicles, is upon us, said Ian Ratcliffe, Managing Partner at Sands Capital Ventures, lead investor for Series A. Uhnders ground-breaking digital software defined radar enables customers to quickly customize their perception stack to the unique features of their application, which I expect will spur a barrage of innovation. Uhnders flagship product, VoxelTM, is expected to be in production and automotive qualified in 2021. About Uhnder Uhnder is leading the transformation of radar from traditional analog modulation to Digital Code Modulation (DCM). Uhnders patent pending technology delivers substantially more accurate results across complex use cases, making autonomy possible. Uhnders innovation promises to redefine perception-based solutions, offering improved performance, a smaller footprint, and lower power consumption. Headquartered in Austin and launched in 2015 by Manju Hegde and Curtis Davis, Uhnder is the only pure play radar supplier delivering both digital radar chips and systems. For more information, visit: https://www.uhnder.com/.
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN, April 9, 2021 /PRNewswire/ -- The "Visualization and 3D Rendering Software Market by Type Deployment Model, Application and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering. Visualization & 3D rendering software is a solution for processing 3D images, which are stored in systems to draw realistic lighting, colors, shadows, and textures. Many industries across the globe are using visualization and 3D rendering to save time, cost, and efforts of employees and organizations in creating complex 3D images. In addition, many construction companies and interior designers are adopting 3D rendering software to present a better design for buildings to their clients and customers, which creates a demand for this software. The software also helps companies to provide an enhanced overview of products and enables clients to provide real-time feedback on a product.An increase in demand for virtual modelling and building design and surge in demand for architecture planning for smart cities boost growth of the global visualization and 3D rendering software market. In addition, the surge in demand for real-time rendering and faster decision-making capabilities positively impacts growth of the market. However, lack of IT infrastructure, less demand for 3D rendering software in underdeveloped nations, and lack of security, with privacy issues are expected to hamper the market growth. On the contrary, surge in the adoption of cloud-based 3D rendering services and increase in demand for high level gaming and videography are expected to offer remunerative opportunities for expansion of the market during the forecast period. Each of these factors is projected to have a definite impact on growth of the visualization and 3D rendering software market.The global visualization and 3D rendering software market is segmented into type, deployment model, application, end user, and region. In terms of type, the market is fragmented into plugin and stand-alone. Depending on the deployment model, it is bifurcated into on-premise and cloud. The applications covered in the study include architectural & visualization, research & training, gaming, marketing & advertisement and others. As per end user, the market is segregated into construction & real estate, energy & utilities, media & entertainment, education, healthcare & life science, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.The key players profiled in the visualization and 3D rendering software market analysis are Act-3D, Autodesk, Inc., Altair Engineering, Inc., Cebas Visual Technology Inc., Corel Corporation, Dassault Systemes, Embodee, Luxion Inc., Next Limit Technologies, NVIDIA Corporation, OTOY Inc., Robert McNeel & Associates, SAP SE, Siemens AG and Webmax Technologies. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.Key Benefits for Stakeholders The study provides an in-depth analysis of global visualization and 3D rendering software market forecast along with the current trends and future estimations to elucidate the imminent investment pockets. Information about key drivers, restraints, and opportunities and their impact analysis on global market is provided in the report. Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry. The quantitative analysis of the market from 2020 to 2027 is provided to determine the market potential. Key Topics Covered: CHAPTER 1: INTRODUCTION1.1. REPORT DESCRIPTION1.2. Key Market Segments1.3. Key benefits1.4. RESEARCH METHODOLOGY1.4.1. Primary research1.4.2. Secondary research1.4.3. Analyst tools and modelsCHAPTER 2: EXECUTIVE SUMMARY2.1. CXO PERSPECTIVECHAPTER 3: MARKET LANDSCAPE3.1. MARKET DEFINITION AND SCOPE3.2. KEY FINDINGS3.2.1. Top investment pockets3.2.2. Top winning strategies3.3. PORTER'S FIVE FORCES ANALYSIS3.3.1. Bargaining power of suppliers3.3.2. Threat of new entrants3.3.3. Threat of substitutes3.3.4. Competitive rivalry3.3.5. Bargaining power among buyers3.4. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 20193.5. MARKET DYNAMICS3.5.1. Drivers3.5.2. Restraints3.5.3. OpportunitiesCHAPTER 4: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY PRODUCT TYPE4.1. OVERVIEW4.2. PLUGIN4.2.1. Key market trends, growth factors and opportunities4.2.2. Market size and forecast, by region 4.2.3. Market share analysis, by country4.3. STAND ALONE4.3.1. Key market trends, growth factors and opportunities4.3.2. Market size and forecast, by region 4.3.3. Market share analysis, by countryCHAPTER 5: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY DEPLOYMENT MODEL5.1. OVERVIEW5.2. ON PREMISE5.2.1. Key market trends, growth factors and opportunities5.2.2. Market size and forecast, by region 5.2.3. Market share analysis, by country5.3. CLOUD5.3.1. Key market trends, growth factors and opportunities5.3.2. Market size and forecast, by region 5.3.3. Market share analysis, by countryCHAPTER 6: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY APPLICATION6.1. OVERVIEW6.2. ARCHITECTURAL AND VISUALIZATION6.2.1. Key market trends, growth factors and opportunities6.2.2. Market size and forecast, by region 6.2.3. Market share analysis, by country6.3. RESEARCH AND TRAINING 6.3.1. Key market trends, growth factors and opportunities6.3.2. Market size and forecast, by region 6.3.3. Market share analysis, by country6.4. GAMING6.4.1. Key market trends, growth factors and opportunities6.4.2. Market size and forecast, by region 6.4.3. Market share analysis, by country6.5. MARKETING AND ADVERTISEMENT6.5.1. Key market trends, growth factors and opportunities6.5.2. Market size and forecast, by region 6.5.3. Market share analysis, by country6.6. OTHER6.6.1. Key market trends, growth factors and opportunities6.6.2. Market size and forecast, by region 6.6.3. Market share analysis, by countryCHAPTER 7: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY INDUSTRY VERTICAL7.1. OVERVIEW7.2. CONSTRUCTION AND REAL ESTATE7.2.1. Key market trends, growth factors and opportunities7.2.2. Market size and forecast, by region 7.2.3. Market share analysis, by country7.3. ENERGY AND UTILITIES7.3.1. Key market trends, growth factors and opportunities7.3.2. Market size and forecast, by region 7.3.3. Market share analysis, by country7.4. MEDIA AND ENTERTAINMENT7.4.1. Key market trends, growth factors and opportunities7.4.2. Market size and forecast, by region 7.4.3. Market share analysis, by country7.5. EDUCATION7.5.1. Key market trends, growth factors and opportunities7.5.2. Market size and forecast, by region 7.5.3. Market share analysis, by country7.6. HEALTHCARE AND LIFE SCIENCE7.6.1. Key market trends, growth factors and opportunities7.6.2. Market size and forecast, by region 7.6.3. Market share analysis, by country7.7. OTHERS7.7.1. Key market trends, growth factors and opportunities7.7.2. Market size and forecast, by region 7.7.3. Market share analysis, by countryCHAPTER 8: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY REGION8.1. OVERVIEW8.2. NORTH AMERICA8.3. EUROPE8.4. ASIA PACIFIC8.5. LAMEACHAPTER 9: COMPANY PROFILES9.1. ACT 3D9.1.1. Company overview9.1.2. Key Executives9.1.3. Company snapshot9.1.4. Operating business segments9.1.5. Product portfolio9.1.6. Business performance9.1.7. Key strategic moves and developments9.2. AUTODESK, INC9.2.1. Company overview9.2.2. Key Executives9.2.3. Company snapshot9.2.4. Operating business segments9.2.5. Product portfolio9.2.6. Business performance9.2.7. Key strategic moves and developments9.3. ALTAIR ENGINEERING, INC9.3.1. Company overview9.3.2. Key Executives9.3.3. Company snapshot9.3.4. Operating business segments9.3.5. Product portfolio9.3.6. Business performance9.3.7. Key strategic moves and developments9.4. CEBAS VISUAL TECHNOLOGY INC9.4.1. Company overview9.4.2. Key Executives9.4.3. Company snapshot9.4.4. Operating business segments9.4.5. Product portfolio9.4.6. Business performance9.4.7. Key strategic moves and developments9.5. COREL CORPORATION9.5.1. Company overview9.5.2. Key Executives9.5.3. Company snapshot9.5.4. Operating business segments9.5.5. Product portfolio9.5.6. Business performance9.5.7. Key strategic moves and developments9.6. DASSAULT SYSTEMES9.6.1. Company overview9.6.2. Key Executives9.6.3. Company snapshot9.6.4. Operating business segments9.6.5. Product portfolio9.6.6. Business performance9.6.7. Key strategic moves and developments9.7. EMBODEE9.7.1. Company overview9.7.2. Key Executives9.7.3. Company snapshot9.7.4. Operating business segments9.7.5. Product portfolio9.7.6. Business performance9.7.7. Key strategic moves and developments9.8. LUXION INC9.8.1. Company overview9.8.2. Key Executives9.8.3. Company snapshot9.8.4. Operating business segments9.8.5. Product portfolio9.8.6. Business performance9.8.7. Key strategic moves and developments9.9. NEXT LIMIT TECHNOLOGIES9.9.1. Company overview9.9.2. Key Executives9.9.3. Company snapshot9.9.4. Operating business segments9.9.5. Product portfolio9.9.6. Business performance9.9.7. Key strategic moves and developments9.10. NVIDIA CORPORATION9.10.1. Company overview9.10.2. Key Executives9.10.3. Company snapshot9.10.4. Operating business segments9.10.5. Product portfolio9.10.6. Business performance9.10.7. Key strategic moves and developments9.11. OTOY INC9.11.1. Company overview9.11.2. Key Executives9.11.3. Company snapshot9.11.4. Operating business segments9.11.5. Product portfolio9.11.6. Business performance9.11.7. Key strategic moves and developments9.12. ROBERT MCNEEL AND ASSOCIATES9.12.1. Company overview9.12.2. Key Executives9.12.3. Company snapshot9.12.4. Operating business segments9.12.5. Product portfolio9.12.6. Business performance9.12.7. Key strategic moves and developments9.13. SAP SE9.13.1. Company overview9.13.2. Key Executives9.13.3. Company snapshot9.13.4. Operating business segments9.13.5. Product portfolio9.13.6. Business performance9.13.7. Key strategic moves and developments9.14. SIEMENS AG 9.14.1. Company overview9.14.2. Key Executives9.14.3. Company snapshot9.14.4. Operating business segments9.14.5. Product portfolio9.14.6. Business performance9.14.7. Key strategic moves and developments9.15. WEBMAX TECHNOLOGIES9.15.1. Company overview9.15.2. Key Executives9.15.3. Company snapshot9.15.4. Operating business segments9.15.5. Product portfolio9.15.6. Business performance9.15.7. Key strategic moves and developmentsFor more information about this report visit https://www.researchandmarkets.com/r/9nb00w Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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Worldwide Visualization and 3D Rendering Software Industry to 2027 - by Type Deployment Model, Application and End-user
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DUBLIN, April 9, 2021 /PRNewswire/ -- The "Visualization and 3D Rendering Software Market by Type Deployment Model, Application and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering. Visualization & 3D rendering software is a solution for processing 3D images, which are stored in systems to draw realistic lighting, colors, shadows, and textures. Many industries across the globe are using visualization and 3D rendering to save time, cost, and efforts of employees and organizations in creating complex 3D images. In addition, many construction companies and interior designers are adopting 3D rendering software to present a better design for buildings to their clients and customers, which creates a demand for this software. The software also helps companies to provide an enhanced overview of products and enables clients to provide real-time feedback on a product.An increase in demand for virtual modelling and building design and surge in demand for architecture planning for smart cities boost growth of the global visualization and 3D rendering software market. In addition, the surge in demand for real-time rendering and faster decision-making capabilities positively impacts growth of the market. However, lack of IT infrastructure, less demand for 3D rendering software in underdeveloped nations, and lack of security, with privacy issues are expected to hamper the market growth. On the contrary, surge in the adoption of cloud-based 3D rendering services and increase in demand for high level gaming and videography are expected to offer remunerative opportunities for expansion of the market during the forecast period. Each of these factors is projected to have a definite impact on growth of the visualization and 3D rendering software market.The global visualization and 3D rendering software market is segmented into type, deployment model, application, end user, and region. In terms of type, the market is fragmented into plugin and stand-alone. Depending on the deployment model, it is bifurcated into on-premise and cloud. The applications covered in the study include architectural & visualization, research & training, gaming, marketing & advertisement and others. As per end user, the market is segregated into construction & real estate, energy & utilities, media & entertainment, education, healthcare & life science, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.The key players profiled in the visualization and 3D rendering software market analysis are Act-3D, Autodesk, Inc., Altair Engineering, Inc., Cebas Visual Technology Inc., Corel Corporation, Dassault Systemes, Embodee, Luxion Inc., Next Limit Technologies, NVIDIA Corporation, OTOY Inc., Robert McNeel & Associates, SAP SE, Siemens AG and Webmax Technologies. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.Key Benefits for Stakeholders The study provides an in-depth analysis of global visualization and 3D rendering software market forecast along with the current trends and future estimations to elucidate the imminent investment pockets. Information about key drivers, restraints, and opportunities and their impact analysis on global market is provided in the report. Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry. The quantitative analysis of the market from 2020 to 2027 is provided to determine the market potential. Key Topics Covered: CHAPTER 1: INTRODUCTION1.1. REPORT DESCRIPTION1.2. Key Market Segments1.3. Key benefits1.4. RESEARCH METHODOLOGY1.4.1. Primary research1.4.2. Secondary research1.4.3. Analyst tools and modelsCHAPTER 2: EXECUTIVE SUMMARY2.1. CXO PERSPECTIVECHAPTER 3: MARKET LANDSCAPE3.1. MARKET DEFINITION AND SCOPE3.2. KEY FINDINGS3.2.1. Top investment pockets3.2.2. Top winning strategies3.3. PORTER'S FIVE FORCES ANALYSIS3.3.1. Bargaining power of suppliers3.3.2. Threat of new entrants3.3.3. Threat of substitutes3.3.4. Competitive rivalry3.3.5. Bargaining power among buyers3.4. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 20193.5. MARKET DYNAMICS3.5.1. Drivers3.5.2. Restraints3.5.3. OpportunitiesCHAPTER 4: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY PRODUCT TYPE4.1. OVERVIEW4.2. PLUGIN4.2.1. Key market trends, growth factors and opportunities4.2.2. Market size and forecast, by region 4.2.3. Market share analysis, by country4.3. STAND ALONE4.3.1. Key market trends, growth factors and opportunities4.3.2. Market size and forecast, by region 4.3.3. Market share analysis, by countryCHAPTER 5: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY DEPLOYMENT MODEL5.1. OVERVIEW5.2. ON PREMISE5.2.1. Key market trends, growth factors and opportunities5.2.2. Market size and forecast, by region 5.2.3. Market share analysis, by country5.3. CLOUD5.3.1. Key market trends, growth factors and opportunities5.3.2. Market size and forecast, by region 5.3.3. Market share analysis, by countryCHAPTER 6: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY APPLICATION6.1. OVERVIEW6.2. ARCHITECTURAL AND VISUALIZATION6.2.1. Key market trends, growth factors and opportunities6.2.2. Market size and forecast, by region 6.2.3. Market share analysis, by country6.3. RESEARCH AND TRAINING 6.3.1. Key market trends, growth factors and opportunities6.3.2. Market size and forecast, by region 6.3.3. Market share analysis, by country6.4. GAMING6.4.1. Key market trends, growth factors and opportunities6.4.2. Market size and forecast, by region 6.4.3. Market share analysis, by country6.5. MARKETING AND ADVERTISEMENT6.5.1. Key market trends, growth factors and opportunities6.5.2. Market size and forecast, by region 6.5.3. Market share analysis, by country6.6. OTHER6.6.1. Key market trends, growth factors and opportunities6.6.2. Market size and forecast, by region 6.6.3. Market share analysis, by countryCHAPTER 7: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY INDUSTRY VERTICAL7.1. OVERVIEW7.2. CONSTRUCTION AND REAL ESTATE7.2.1. Key market trends, growth factors and opportunities7.2.2. Market size and forecast, by region 7.2.3. Market share analysis, by country7.3. ENERGY AND UTILITIES7.3.1. Key market trends, growth factors and opportunities7.3.2. Market size and forecast, by region 7.3.3. Market share analysis, by country7.4. MEDIA AND ENTERTAINMENT7.4.1. Key market trends, growth factors and opportunities7.4.2. Market size and forecast, by region 7.4.3. Market share analysis, by country7.5. EDUCATION7.5.1. Key market trends, growth factors and opportunities7.5.2. Market size and forecast, by region 7.5.3. Market share analysis, by country7.6. HEALTHCARE AND LIFE SCIENCE7.6.1. Key market trends, growth factors and opportunities7.6.2. Market size and forecast, by region 7.6.3. Market share analysis, by country7.7. OTHERS7.7.1. Key market trends, growth factors and opportunities7.7.2. Market size and forecast, by region 7.7.3. Market share analysis, by countryCHAPTER 8: VISUALIZATION AND 3D RENDERING SOFTWARE MARKET BY REGION8.1. OVERVIEW8.2. NORTH AMERICA8.3. EUROPE8.4. ASIA PACIFIC8.5. LAMEACHAPTER 9: COMPANY PROFILES9.1. ACT 3D9.1.1. Company overview9.1.2. Key Executives9.1.3. Company snapshot9.1.4. Operating business segments9.1.5. Product portfolio9.1.6. Business performance9.1.7. Key strategic moves and developments9.2. AUTODESK, INC9.2.1. Company overview9.2.2. Key Executives9.2.3. Company snapshot9.2.4. Operating business segments9.2.5. Product portfolio9.2.6. Business performance9.2.7. Key strategic moves and developments9.3. ALTAIR ENGINEERING, INC9.3.1. Company overview9.3.2. Key Executives9.3.3. Company snapshot9.3.4. Operating business segments9.3.5. Product portfolio9.3.6. Business performance9.3.7. Key strategic moves and developments9.4. CEBAS VISUAL TECHNOLOGY INC9.4.1. Company overview9.4.2. Key Executives9.4.3. Company snapshot9.4.4. Operating business segments9.4.5. Product portfolio9.4.6. Business performance9.4.7. Key strategic moves and developments9.5. COREL CORPORATION9.5.1. Company overview9.5.2. Key Executives9.5.3. Company snapshot9.5.4. Operating business segments9.5.5. Product portfolio9.5.6. Business performance9.5.7. Key strategic moves and developments9.6. DASSAULT SYSTEMES9.6.1. Company overview9.6.2. Key Executives9.6.3. Company snapshot9.6.4. Operating business segments9.6.5. Product portfolio9.6.6. Business performance9.6.7. Key strategic moves and developments9.7. EMBODEE9.7.1. Company overview9.7.2. Key Executives9.7.3. Company snapshot9.7.4. Operating business segments9.7.5. Product portfolio9.7.6. Business performance9.7.7. Key strategic moves and developments9.8. LUXION INC9.8.1. Company overview9.8.2. Key Executives9.8.3. Company snapshot9.8.4. Operating business segments9.8.5. Product portfolio9.8.6. Business performance9.8.7. Key strategic moves and developments9.9. NEXT LIMIT TECHNOLOGIES9.9.1. Company overview9.9.2. Key Executives9.9.3. Company snapshot9.9.4. Operating business segments9.9.5. Product portfolio9.9.6. Business performance9.9.7. Key strategic moves and developments9.10. NVIDIA CORPORATION9.10.1. Company overview9.10.2. Key Executives9.10.3. Company snapshot9.10.4. Operating business segments9.10.5. Product portfolio9.10.6. Business performance9.10.7. Key strategic moves and developments9.11. OTOY INC9.11.1. Company overview9.11.2. Key Executives9.11.3. Company snapshot9.11.4. Operating business segments9.11.5. Product portfolio9.11.6. Business performance9.11.7. Key strategic moves and developments9.12. ROBERT MCNEEL AND ASSOCIATES9.12.1. Company overview9.12.2. Key Executives9.12.3. Company snapshot9.12.4. Operating business segments9.12.5. Product portfolio9.12.6. Business performance9.12.7. Key strategic moves and developments9.13. SAP SE9.13.1. Company overview9.13.2. Key Executives9.13.3. Company snapshot9.13.4. Operating business segments9.13.5. Product portfolio9.13.6. Business performance9.13.7. Key strategic moves and developments9.14. SIEMENS AG 9.14.1. Company overview9.14.2. Key Executives9.14.3. Company snapshot9.14.4. Operating business segments9.14.5. Product portfolio9.14.6. Business performance9.14.7. Key strategic moves and developments9.15. WEBMAX TECHNOLOGIES9.15.1. Company overview9.15.2. Key Executives9.15.3. Company snapshot9.15.4. Operating business segments9.15.5. Product portfolio9.15.6. Business performance9.15.7. Key strategic moves and developmentsFor more information about this report visit https://www.researchandmarkets.com/r/9nb00w Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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edtsum4833
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BRUSSELS, June 29, 2020 /PRNewswire/ -- The G20 Interfaith Forum, the world's leading organization focused on bringing faith and policy together, hosted its first European regional virtual meeting today, kicking off a series of regional meetings that will produce policy recommendations for the formal G20 Interfaith Forumto be held in Riyadh, Saudi Arabia, Oct. 13 to 15. The gathering brought together a set of European expert working groups and leading religious actors, government officials, academic experts and business leaders who have been charged by G20 Interfaith Forum organizers with developing policy recommendations that will be submitted in November to world leaders at this year's G20 Summit. European Commission Vice-President for Promoting Our European Way of Life Margaritis Schinas said: "The admirable examples of solidarity we have witnessed during the pandemic should not be limited to crisis times but also be part of our future policies. This spirit of solidarity is certainly present at European level and the European Commission considers it is an essential component of its post-crisis strategy. Through our structured dialogue we will continue focusing on issues which relate to the core values and ethical concerns and which should be at the heart of EU policies. We will ensure that they are built into our action, not remain empty words." Metropolitan Emmanuel of France issued a broad call to action on behalf of all participants for meaningful contributions from faith, government and business leaders to the G20 process and outlined avenues for developing meaningful substantive policy recommendations. He outlined the three ad hoc working groups that will be developing substantive recommendations over coming weeks on (1) Empowering People and Fostering Gender Equality, (2) Religious Engagement with Safeguarding the Planet; and (3) Frontiers at the Intersection of Governance, Faith, and Technology. For more detail on these focus areas and related subthemes, visit www.g20interfaith.org/regional-events/. He also joined two other prominent European religious leaders in a panel discussion moderated by Dr. Elizabeta Kitanovic from the Conference of European Churches who is a member of the Executive Committee of the G20 Interfaith Forum Advisory Council, to address key themes emerging in concert with this year's G20 priorities. President of the Conference of European Rabbis,Chief Rabbi Pinchas Goldschmidt, raised the issue of freedom of religion or belief in European context in light of a challenge to a Belgian ban on ritual slaughter pending before the European Court of Justice and the importance of European Institutions providing strong protections of the fundamental right to freedom of religion or belief in the first address. He said: "This issue needs to be discussed within future G20 Interfaith Forum meetings to ensure that there is legal protection of religious freedom or belief for all." Metropolitan Emmanuel of France addressed policy recommendations regarding the environment that need to focus among other things on food waste. "Food waste is without doubt one of the most incongruous challenges of our time," he said. "I am encouraged to note that the European Commission has made reducing food loss and waste one of the pillars of its newly adopted strategy on addressing the challenges of sustainable food systems. This needs to be reflected on the political agenda of the G20 Summit." GrandMufti Nedad Grabus of the Islamic Community in Slovenia said: "The governing principle for relations between Muslim communities and the rest of European society is intercultural respect and understanding. Whether new arrivals or longstanding citizens, many Muslims struggle with negative narratives, prejudices and misunderstandings. European Muslim communities must increase their ability to teach children in a European context so that they are able to critically discuss and articulate their convictions as part of modern European discourse." The Brussels gathering launches a series of interactive webinars that will be conducted by commissioned working groups focused on issues linked to the G20 Summit priorities. Each will gather inputs on key themes from experts and a broader circle of stakeholders over the next several weeks, culminating in recommendations that will be submitted to the G20 Summit through the G20 Interfaith Forum process. "These European interfaith initiatives provide a vital model for similar initiatives going on in other parts of the worldin the Middle East, Latin America, North America, Africa and Asia. They will address an array of issues including inequality, racism and discrimination," said Professor Cole Durham, President of the G20 Interfaith Forum Association and Founding Director of the International Center for Law and Religion Studies. He added that the European Regional Consultations have particular significance because of the role of the EU and EU countries in the G20 process generally, and because of the strong channels of cooperation and engagement between religious communities and the public sector in Europe. Dr. Elizabeta Kitanovic, moderator of the event, joined Professor Durham in specifying the important ongoing work in developing relevant policy recommendations. They were joined by key partners for this year's G20 Interfaith Forum: the King Abdullah bin Abdulaziz International Centre for Interreligious and Intercultural Dialogue (KAICIID), the UN Alliance of Civilizations and the National Committee for Interfaith and Intercultural Dialogue in Saudi Arabia. About the G20 Interfaith Forum The G20 Interfaith Forum seeks for global solutions by collaborating with religious thought leaders and political representatives. It builds on vital roles that religious institutions and beliefs play in world affairs, reflecting a rich diversity of institutions, ideas and values. The membership includes interfaith and intercultural organizations, religious leaders, scholars, development and humanitarian entities and business and civil society actors. Convened each year in the host country of the upcoming G20 Summit, the formal G20 Interfaith Forum for 2020 will be held in Riyadh, Saudi Arabia, Oct. 13-15. The G20 Interfaith Forum offers an annual platform where a network of religiously linked institutions and initiatives engage on global agendas. The goal of the meetings is to contribute meaningful insight and recommendations that respond to and help shape the G20 Summit and thus global policy agendas.The 2020 G20 Interfaith Forum agenda builds on the goals of social cohesion, equity and sustainability that have been a central underlying theme for the Forum from its inception. For more information please visit www.g20interfaith.org. SOURCE G20 Interfaith Forum Related Links http://www.g20interfaith.org
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G20 Interfaith Forum Gathers Regional European Leaders for Consultation on COVID 19, Equality, Environment and Innovation English English
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BRUSSELS, June 29, 2020 /PRNewswire/ -- The G20 Interfaith Forum, the world's leading organization focused on bringing faith and policy together, hosted its first European regional virtual meeting today, kicking off a series of regional meetings that will produce policy recommendations for the formal G20 Interfaith Forumto be held in Riyadh, Saudi Arabia, Oct. 13 to 15. The gathering brought together a set of European expert working groups and leading religious actors, government officials, academic experts and business leaders who have been charged by G20 Interfaith Forum organizers with developing policy recommendations that will be submitted in November to world leaders at this year's G20 Summit. European Commission Vice-President for Promoting Our European Way of Life Margaritis Schinas said: "The admirable examples of solidarity we have witnessed during the pandemic should not be limited to crisis times but also be part of our future policies. This spirit of solidarity is certainly present at European level and the European Commission considers it is an essential component of its post-crisis strategy. Through our structured dialogue we will continue focusing on issues which relate to the core values and ethical concerns and which should be at the heart of EU policies. We will ensure that they are built into our action, not remain empty words." Metropolitan Emmanuel of France issued a broad call to action on behalf of all participants for meaningful contributions from faith, government and business leaders to the G20 process and outlined avenues for developing meaningful substantive policy recommendations. He outlined the three ad hoc working groups that will be developing substantive recommendations over coming weeks on (1) Empowering People and Fostering Gender Equality, (2) Religious Engagement with Safeguarding the Planet; and (3) Frontiers at the Intersection of Governance, Faith, and Technology. For more detail on these focus areas and related subthemes, visit www.g20interfaith.org/regional-events/. He also joined two other prominent European religious leaders in a panel discussion moderated by Dr. Elizabeta Kitanovic from the Conference of European Churches who is a member of the Executive Committee of the G20 Interfaith Forum Advisory Council, to address key themes emerging in concert with this year's G20 priorities. President of the Conference of European Rabbis,Chief Rabbi Pinchas Goldschmidt, raised the issue of freedom of religion or belief in European context in light of a challenge to a Belgian ban on ritual slaughter pending before the European Court of Justice and the importance of European Institutions providing strong protections of the fundamental right to freedom of religion or belief in the first address. He said: "This issue needs to be discussed within future G20 Interfaith Forum meetings to ensure that there is legal protection of religious freedom or belief for all." Metropolitan Emmanuel of France addressed policy recommendations regarding the environment that need to focus among other things on food waste. "Food waste is without doubt one of the most incongruous challenges of our time," he said. "I am encouraged to note that the European Commission has made reducing food loss and waste one of the pillars of its newly adopted strategy on addressing the challenges of sustainable food systems. This needs to be reflected on the political agenda of the G20 Summit." GrandMufti Nedad Grabus of the Islamic Community in Slovenia said: "The governing principle for relations between Muslim communities and the rest of European society is intercultural respect and understanding. Whether new arrivals or longstanding citizens, many Muslims struggle with negative narratives, prejudices and misunderstandings. European Muslim communities must increase their ability to teach children in a European context so that they are able to critically discuss and articulate their convictions as part of modern European discourse." The Brussels gathering launches a series of interactive webinars that will be conducted by commissioned working groups focused on issues linked to the G20 Summit priorities. Each will gather inputs on key themes from experts and a broader circle of stakeholders over the next several weeks, culminating in recommendations that will be submitted to the G20 Summit through the G20 Interfaith Forum process. "These European interfaith initiatives provide a vital model for similar initiatives going on in other parts of the worldin the Middle East, Latin America, North America, Africa and Asia. They will address an array of issues including inequality, racism and discrimination," said Professor Cole Durham, President of the G20 Interfaith Forum Association and Founding Director of the International Center for Law and Religion Studies. He added that the European Regional Consultations have particular significance because of the role of the EU and EU countries in the G20 process generally, and because of the strong channels of cooperation and engagement between religious communities and the public sector in Europe. Dr. Elizabeta Kitanovic, moderator of the event, joined Professor Durham in specifying the important ongoing work in developing relevant policy recommendations. They were joined by key partners for this year's G20 Interfaith Forum: the King Abdullah bin Abdulaziz International Centre for Interreligious and Intercultural Dialogue (KAICIID), the UN Alliance of Civilizations and the National Committee for Interfaith and Intercultural Dialogue in Saudi Arabia. About the G20 Interfaith Forum The G20 Interfaith Forum seeks for global solutions by collaborating with religious thought leaders and political representatives. It builds on vital roles that religious institutions and beliefs play in world affairs, reflecting a rich diversity of institutions, ideas and values. The membership includes interfaith and intercultural organizations, religious leaders, scholars, development and humanitarian entities and business and civil society actors. Convened each year in the host country of the upcoming G20 Summit, the formal G20 Interfaith Forum for 2020 will be held in Riyadh, Saudi Arabia, Oct. 13-15. The G20 Interfaith Forum offers an annual platform where a network of religiously linked institutions and initiatives engage on global agendas. The goal of the meetings is to contribute meaningful insight and recommendations that respond to and help shape the G20 Summit and thus global policy agendas.The 2020 G20 Interfaith Forum agenda builds on the goals of social cohesion, equity and sustainability that have been a central underlying theme for the Forum from its inception. For more information please visit www.g20interfaith.org. SOURCE G20 Interfaith Forum Related Links http://www.g20interfaith.org
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edtsum4836
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BOGOTA, Colombia--(BUSINESS WIRE)--GeoPark Limited (GeoPark or the Company) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador today announced its Board of Directors has declared an extraordinary cash dividend of $0.0206 per share for 2020 and a quarterly dividend of $0.0206 per share, both payable on December 9, 2020. In addition, the Board of Directors has approved a buyback program to repurchase up to 10% of its shares outstanding, or approximately 6,062,000 shares. Extraordinary Cash Dividend Quarterly Cash Dividend Share Buyback Program As detailed in our 2021 Work Program and Investment Guidelines, GeoPark plans to deliver another year of strong operational and financial performance and free cash flow generation while remaining committed to returning value to its shareholders. GeoPark can be visited online at www.geo-park.com. NOTICE Additional information about GeoPark can be found in the Investor Support section on the website at www.geo-park.com. CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as anticipate, believe, could, expect, should, plan, intend, will, estimate and potential, among others. Forward-looking statements that appear in a number of places in this press release include, but are not limited to, statements regarding the intent, belief or current expectations, regarding various matters, including expected 2020 and/or 2021 production growth and capital expenditures plan. Forward-looking statements are based on managements beliefs and assumptions, and on information currently available to the management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors. Forward-looking statements speak only as of the date they are made, and the Company does not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances, or to reflect the occurrence of unanticipated events. For a discussion of the risks facing the Company which could affect whether these forward-looking statements are realized, see filings with the U.S. Securities and Exchange Commission. Oil and gas production figures included in this release are stated before the effect of royalties paid in kind, consumption and losses.
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GeoPark Announces Extraordinary Cash Dividend, Quarterly Cash Dividend and Share Buyback Program
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BOGOTA, Colombia--(BUSINESS WIRE)--GeoPark Limited (GeoPark or the Company) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador today announced its Board of Directors has declared an extraordinary cash dividend of $0.0206 per share for 2020 and a quarterly dividend of $0.0206 per share, both payable on December 9, 2020. In addition, the Board of Directors has approved a buyback program to repurchase up to 10% of its shares outstanding, or approximately 6,062,000 shares. Extraordinary Cash Dividend Quarterly Cash Dividend Share Buyback Program As detailed in our 2021 Work Program and Investment Guidelines, GeoPark plans to deliver another year of strong operational and financial performance and free cash flow generation while remaining committed to returning value to its shareholders. GeoPark can be visited online at www.geo-park.com. NOTICE Additional information about GeoPark can be found in the Investor Support section on the website at www.geo-park.com. CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as anticipate, believe, could, expect, should, plan, intend, will, estimate and potential, among others. Forward-looking statements that appear in a number of places in this press release include, but are not limited to, statements regarding the intent, belief or current expectations, regarding various matters, including expected 2020 and/or 2021 production growth and capital expenditures plan. Forward-looking statements are based on managements beliefs and assumptions, and on information currently available to the management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors. Forward-looking statements speak only as of the date they are made, and the Company does not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances, or to reflect the occurrence of unanticipated events. For a discussion of the risks facing the Company which could affect whether these forward-looking statements are realized, see filings with the U.S. Securities and Exchange Commission. Oil and gas production figures included in this release are stated before the effect of royalties paid in kind, consumption and losses.
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edtsum4839
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DUBLIN, Aug. 20, 2020 /PRNewswire/ -- The "Flame Detector Market with COVID-19 Impact, by Product (Single UC, Single IR, Dual UV/IR, Triple IR, Multi IR), Industry (Oil & Gas, Energy & Power, Chemicals, Aerospace & Defense, Logistics) and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The global flame detector market was valued at USD 1.6 billion in 2019 and is projected to reach USD 2 billion by 2026; it is expected to grow at a CAGR of 4.2% from 2020 to 2026. Key players operating in the flame detector market are Johnson Controls (Ireland), United Technologies (US), Honeywell (US), Siemens (Germany) and Halma (UK). The key factors driving the growth of the flame detector market are policies, regulations, and government initiatives, rising adoption of wireless technology in flame detection systems, and increasing human and property loss due to fire breakouts.Market for single UV to account for largest market share during forecast period The single UV segment is expected to continue to hold the largest market size during the forecast period. The growth of this segment can be attributed to the demand for flame detectors in oil & gas, chemicals, and energy & power industries. These detectors are best suited for locations in which hydrogen and hydrocarbon gases are used.Single UV detectors are mainly used for indoor applications across various industries especially in oil & gas, transportation, manufacturing, mining, and energy & power utilities, where there are huge potential and use of indoor flame detectors. Following the pandemic of COVID-19, the market for flame detectors is expected to face a flat to decreasing growth curve in 2020 and 2021. Since fire protection systems are considered under essential businesses, the market for flame detectors is expected to be back on the growth curve from 2021.Oil & gas industry to hold largest size during forecast period The oil & gas industry is expected to hold the largest market size during the forecast period. In the oil & gas industry, the deployment of flammable and combustible materials is carried out, which includes petroleum, crude oil, flammable gases (such as butane), coal, and many others; these are combustible and thereby, to avoid fire, advanced flame detector systems are installed.However, following the COVID-19 pandemic, the oil & gas industry has faced a major setback. The oil prices have reached an all-time low, and the companies involved in the industry have faced heavy losses. The decreased consumption of fuel has drastically reduced the demand for oil and gas.North America is expected to capture largest market size during forecast period The North American region is expected to hold the largest share of the flame detector market during the forecast period. The US and Canada are expected to be the largest consumers of flame detectors in North America. The increasing demand in the pharmaceutical industry in this region owing to the recent COVID-19 pandemic is expected to result in the large market share of flame detectors in the region.The current pandemic has severely affected almost every industry across the world. Disrupted supply chain, reduced demand from local and global markets, and increased concerns regarding healthcare are a few of the challenges faced by almost every country in the world. The market for flame detectors in North America is estimated to experience a downward growth rate from 2019 to 2020 and exhibit a slightly positive growth rate from 2020 to 2021.Research Coverage The research report on the global flame detector market covers the market based on product, industry, and region. Based on product, the market has been segmented into single UV, single IR, Dual UV/IR, triple IR, and multi IR. Based on industry, the flame detector market has been segmented into oil & gas, energy & power, chemicals, aerospace & defense, logistics, mining, automotive, pharmaceuticals, marine, and other industries. The report covers four major regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).Major players operating in the flame detector market include Halma (UK), Honeywell (US), Johnson Controls (Ireland), Siemens (Germany), United Technologies (US), Emerson Electric (US), Hochiki (Japan), MSA (US), Robert Bosch (Germany), Micropack Engineering (Scotland), Minimax Viking (Germany), Spectrex (US), Ciquirix (UK), Electro Optical Components (US), Fike Corporation (US), Fire & Gas Detection Technologies (US), Optris Infrared Sensing (US), Rezontech (South Korea), Sense-WARE (US), Teledyne Technologies (US), Trace Automation (India), and VFP Fire Systems (US). Key Topics Covered1 Introduction2 Research Methodology3 Executive Summary3.1 Realistic Scenario3.2 Pessimistic Scenario3.3 Optimistic Scenario4 Premium Insights4.1 Attractive Opportunities in Flame Detector Market4.2 Flame Detector Market, by Product4.3 Flame Detector Market, by Industry and Region4.4 Flame Detector Market, by Geography5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Policies, Regulations, and Government Initiatives5.2.1.2 Rising Adoption of Wireless Technology in Flame Detection Systems5.2.1.3 Increasing Human and Property Loss Due to Fire Breakouts5.2.2 Restraints5.2.2.1 Sluggishness in Oil & Gas and Automotive Industries Owing to COVID-195.2.2.2 High Initial Costs5.2.2.3 Concerns Related to False Alarms and Detection Failure5.2.3 Opportunities5.2.3.1 Integration of Flame Detectors with IoT and Big Data5.2.3.2 Periodic Revision of Regulatory Compliances5.2.4 Challenges5.2.4.1 Integration of User Interfaces With Fire Detection Solutions5.3 Value Chain Analysis5.4 Emerging Trends in Flame Detection5.5 Flame Detectors Used for Operations5.5.1 Ionization Current Flame Detectors5.5.2 Thermocouple Flame Detectors6 Flame Detector Market, by Product6.1 Introduction6.2 Optical Flame Detection Technology6.3 Visual Flame Detection Technology7 Flame Detector Market, by Connectivity7.1 Introduction7.2 Wired Flame Detectors7.3 Wireless Flame Detectors8 Services Related to Implementation of Flame Detectors8.1 Introduction8.2 Engineering Services8.3 Installation and Design Services8.4 Maintenance Services8.5 Inspection and Managed Services9 Flame Detector Market, by Industry9.1 Introduction9.2 Oil & Gas9.3 Energy & Power9.4 Chemicals9.5 Aerospace & Defense9.6 Logistics9.7 Mining9.8 Automotive9.9 Pharmaceuticals9.10 Marine9.11 Others10 Geographic Analysis10.1 Introduction10.2 North America10.3 Europe10.4 APAC10.5 RoW11 Competitive Landscape11.1 Overview11.2 Market Share Analysis for Flame Detector Market11.3 Competitive Leadership Mapping11.3.1 Visionaries11.3.2 Dynamic Differentiators11.3.3 Innovators11.3.4 Emerging Companies11.4 Competitive Situations & Trends11.4.1 Product Launches11.4.2 Acquisitions11.4.3 Collaborations11.4.4 Expansions12 Company Profiles12.1 Key Players12.1.1 Halma12.1.2 Honeywell12.1.3 Johnson Controls12.1.4 Siemens12.1.5 United Technologies12.1.6 Emerson Electric12.1.7 Hochiki12.1.8 MSA12.1.9 Robert Bosch12.1.10 Micropack Engineering12.1.11 Minimax Viking12.1.12 Spectrex12.2 Right-to-Win12.3 Other Key Players12.3.1 Ciqurix12.3.2 Electro Optical Components12.3.3 Fike Corporation12.3.4 Fire & Gas Detection Technologies12.3.5 Optris Infrared Sensing12.3.6 Rezontech12.3.7 Sense-Ware12.3.8 Teledyne Technologies12.3.9 Trace Automation12.3.10 VFP Fire SystemsFor more information about this report visit https://www.researchandmarkets.com/r/ho3rmo Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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Global Flame Detector Market 2020-2026 with Johnson Controls, United Technologies, Honeywell, Siemens and Halma Dominating
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DUBLIN, Aug. 20, 2020 /PRNewswire/ -- The "Flame Detector Market with COVID-19 Impact, by Product (Single UC, Single IR, Dual UV/IR, Triple IR, Multi IR), Industry (Oil & Gas, Energy & Power, Chemicals, Aerospace & Defense, Logistics) and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The global flame detector market was valued at USD 1.6 billion in 2019 and is projected to reach USD 2 billion by 2026; it is expected to grow at a CAGR of 4.2% from 2020 to 2026. Key players operating in the flame detector market are Johnson Controls (Ireland), United Technologies (US), Honeywell (US), Siemens (Germany) and Halma (UK). The key factors driving the growth of the flame detector market are policies, regulations, and government initiatives, rising adoption of wireless technology in flame detection systems, and increasing human and property loss due to fire breakouts.Market for single UV to account for largest market share during forecast period The single UV segment is expected to continue to hold the largest market size during the forecast period. The growth of this segment can be attributed to the demand for flame detectors in oil & gas, chemicals, and energy & power industries. These detectors are best suited for locations in which hydrogen and hydrocarbon gases are used.Single UV detectors are mainly used for indoor applications across various industries especially in oil & gas, transportation, manufacturing, mining, and energy & power utilities, where there are huge potential and use of indoor flame detectors. Following the pandemic of COVID-19, the market for flame detectors is expected to face a flat to decreasing growth curve in 2020 and 2021. Since fire protection systems are considered under essential businesses, the market for flame detectors is expected to be back on the growth curve from 2021.Oil & gas industry to hold largest size during forecast period The oil & gas industry is expected to hold the largest market size during the forecast period. In the oil & gas industry, the deployment of flammable and combustible materials is carried out, which includes petroleum, crude oil, flammable gases (such as butane), coal, and many others; these are combustible and thereby, to avoid fire, advanced flame detector systems are installed.However, following the COVID-19 pandemic, the oil & gas industry has faced a major setback. The oil prices have reached an all-time low, and the companies involved in the industry have faced heavy losses. The decreased consumption of fuel has drastically reduced the demand for oil and gas.North America is expected to capture largest market size during forecast period The North American region is expected to hold the largest share of the flame detector market during the forecast period. The US and Canada are expected to be the largest consumers of flame detectors in North America. The increasing demand in the pharmaceutical industry in this region owing to the recent COVID-19 pandemic is expected to result in the large market share of flame detectors in the region.The current pandemic has severely affected almost every industry across the world. Disrupted supply chain, reduced demand from local and global markets, and increased concerns regarding healthcare are a few of the challenges faced by almost every country in the world. The market for flame detectors in North America is estimated to experience a downward growth rate from 2019 to 2020 and exhibit a slightly positive growth rate from 2020 to 2021.Research Coverage The research report on the global flame detector market covers the market based on product, industry, and region. Based on product, the market has been segmented into single UV, single IR, Dual UV/IR, triple IR, and multi IR. Based on industry, the flame detector market has been segmented into oil & gas, energy & power, chemicals, aerospace & defense, logistics, mining, automotive, pharmaceuticals, marine, and other industries. The report covers four major regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).Major players operating in the flame detector market include Halma (UK), Honeywell (US), Johnson Controls (Ireland), Siemens (Germany), United Technologies (US), Emerson Electric (US), Hochiki (Japan), MSA (US), Robert Bosch (Germany), Micropack Engineering (Scotland), Minimax Viking (Germany), Spectrex (US), Ciquirix (UK), Electro Optical Components (US), Fike Corporation (US), Fire & Gas Detection Technologies (US), Optris Infrared Sensing (US), Rezontech (South Korea), Sense-WARE (US), Teledyne Technologies (US), Trace Automation (India), and VFP Fire Systems (US). Key Topics Covered1 Introduction2 Research Methodology3 Executive Summary3.1 Realistic Scenario3.2 Pessimistic Scenario3.3 Optimistic Scenario4 Premium Insights4.1 Attractive Opportunities in Flame Detector Market4.2 Flame Detector Market, by Product4.3 Flame Detector Market, by Industry and Region4.4 Flame Detector Market, by Geography5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Policies, Regulations, and Government Initiatives5.2.1.2 Rising Adoption of Wireless Technology in Flame Detection Systems5.2.1.3 Increasing Human and Property Loss Due to Fire Breakouts5.2.2 Restraints5.2.2.1 Sluggishness in Oil & Gas and Automotive Industries Owing to COVID-195.2.2.2 High Initial Costs5.2.2.3 Concerns Related to False Alarms and Detection Failure5.2.3 Opportunities5.2.3.1 Integration of Flame Detectors with IoT and Big Data5.2.3.2 Periodic Revision of Regulatory Compliances5.2.4 Challenges5.2.4.1 Integration of User Interfaces With Fire Detection Solutions5.3 Value Chain Analysis5.4 Emerging Trends in Flame Detection5.5 Flame Detectors Used for Operations5.5.1 Ionization Current Flame Detectors5.5.2 Thermocouple Flame Detectors6 Flame Detector Market, by Product6.1 Introduction6.2 Optical Flame Detection Technology6.3 Visual Flame Detection Technology7 Flame Detector Market, by Connectivity7.1 Introduction7.2 Wired Flame Detectors7.3 Wireless Flame Detectors8 Services Related to Implementation of Flame Detectors8.1 Introduction8.2 Engineering Services8.3 Installation and Design Services8.4 Maintenance Services8.5 Inspection and Managed Services9 Flame Detector Market, by Industry9.1 Introduction9.2 Oil & Gas9.3 Energy & Power9.4 Chemicals9.5 Aerospace & Defense9.6 Logistics9.7 Mining9.8 Automotive9.9 Pharmaceuticals9.10 Marine9.11 Others10 Geographic Analysis10.1 Introduction10.2 North America10.3 Europe10.4 APAC10.5 RoW11 Competitive Landscape11.1 Overview11.2 Market Share Analysis for Flame Detector Market11.3 Competitive Leadership Mapping11.3.1 Visionaries11.3.2 Dynamic Differentiators11.3.3 Innovators11.3.4 Emerging Companies11.4 Competitive Situations & Trends11.4.1 Product Launches11.4.2 Acquisitions11.4.3 Collaborations11.4.4 Expansions12 Company Profiles12.1 Key Players12.1.1 Halma12.1.2 Honeywell12.1.3 Johnson Controls12.1.4 Siemens12.1.5 United Technologies12.1.6 Emerson Electric12.1.7 Hochiki12.1.8 MSA12.1.9 Robert Bosch12.1.10 Micropack Engineering12.1.11 Minimax Viking12.1.12 Spectrex12.2 Right-to-Win12.3 Other Key Players12.3.1 Ciqurix12.3.2 Electro Optical Components12.3.3 Fike Corporation12.3.4 Fire & Gas Detection Technologies12.3.5 Optris Infrared Sensing12.3.6 Rezontech12.3.7 Sense-Ware12.3.8 Teledyne Technologies12.3.9 Trace Automation12.3.10 VFP Fire SystemsFor more information about this report visit https://www.researchandmarkets.com/r/ho3rmo Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
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edtsum4840
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: RONKONKOMA, N.Y.--(BUSINESS WIRE)--Sentry Technology Corporation (OTC Markets: SKVY) announced today recently adopted final amendments to the Exchange Act Rule 15c2-11 requiring various filings and disclosures by June 30, 2021 will impact future trading in the Companys shares. The Company has determined it may not meet the new filing requirements. Consequently, the Companys shares may no longer be available for public trading after the June 30, 2021 SEC deadline. Sentry Technology Corporation designs, manufactures, sells and installs Closed Circuit Television (CCTV) solutions. Our CCTV product line features VideoRailway and SmartTrack, a proprietary, traveling camera technology. More information can be found at www.sentrytechnology.com. This press release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Securities and Exchange Commission filings.
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Sentry Technology Corporation Announcement Regarding SEC Rule Change
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RONKONKOMA, N.Y.--(BUSINESS WIRE)--Sentry Technology Corporation (OTC Markets: SKVY) announced today recently adopted final amendments to the Exchange Act Rule 15c2-11 requiring various filings and disclosures by June 30, 2021 will impact future trading in the Companys shares. The Company has determined it may not meet the new filing requirements. Consequently, the Companys shares may no longer be available for public trading after the June 30, 2021 SEC deadline. Sentry Technology Corporation designs, manufactures, sells and installs Closed Circuit Television (CCTV) solutions. Our CCTV product line features VideoRailway and SmartTrack, a proprietary, traveling camera technology. More information can be found at www.sentrytechnology.com. This press release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Securities and Exchange Commission filings.
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edtsum4841
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CORK, Ireland and REDMOND, Wash., Dec.8, 2020 /PRNewswire/ --Johnson Controls(NYSE: JCI),the global leader for smart and sustainable buildings,and Microsoft Corp. on Tuesdayannounced a global collaboration to digitally transform how buildings and spaces are conceived, built and managed. Microsoft also announcedthe general availability of Microsoft Azure Digital Twins. As a key partner for Azure Digital Twins, Johnson Controls` OpenBlue Digital Twin is a comprehensive platform that will support the entire ecosystem of building and device management technologies with digital cloud technologies. Digital twins are playing an increasingly important role in the design and ongoing operation of healthy buildings Tweet this Johnson Controls is a Microsoft partner leveraging several Azure services including Active Directory Services, Azure Data Lake, Access Control and Time Series Insights. Microsoft's Azure Digital Twins is the newest Azure platform service integrated into Johnson Controls OpenBlue platform that aims to enable the creation of next-generation IoT connected solutions that will model the real world. Johnson Control's platform turns the physical world into computable objects that will enable customers to create detailed digital versions of physical buildings, assets and systems. Digital twins are digital replicas of physical entities capable of providing an in-depth analysis of data and the potential to monitor systems to mitigate risks, manage issues and utilize simulations to test future solutions. The use of digital twins plays an important role in helping technicians identify the root cause of issues accelerating problem solving. Additionally, building managers are able to support COVID-19 safety and security protocols, while ensuring efficient use of energy and other facility resources. Azure Digital Twinsenables the creation of knowledge graphs based on digital models of entire environments, whether they are buildings, factories, farms, energy networks, railways, stadiums or entire cities. These digital models empower property managers with actionable insights that drive better products, optimize operations, reduce costs and create breakthrough customer experiences. OpenBlue Digital Twinis a unique platform that is purpose-built with smart buildings and spaces in mind, enabling and unifying all aspects of an intelligent building; security, employee experience, facilities management, sustainability and more. The open platform's open system seamlessly integrates with existing building infrastructure, regardless of brand, make or model."Our partnership with Microsoft is a vital ingredient in our innovation strategy, as the company shares our vision of using technology to transform the environments where people live, work, learn and play," said Mike Ellis, vice president and chief digital and customer officer at Johnson Controls. "Digital twins are playing an increasingly important role in the design, construction and ongoing operation of healthy buildings and spaces, and can be particularly valuable when analyzing large datasets and predicting patterns and trends to tell our customers things they don't yet know. Our OpenBlue digital platform, closely connected with Microsoft's platform and workplace technologies, represents an unbeatable opportunity to help our customers make shared spaces safer, more agile and more sustainable.""We have an incredible opportunity to use advances in cloud and compute capabilities to help customers reimagine the physical world," said Scott Guthrie, executive vice president, Cloud + AI, Microsoft. "By integrating the power of Azure Digital Twins with Johnson Controls OpenBlue Digital Twin platform, our collaboration will provide customers with a digital replica and actionable insights to better meet their evolving needs."Among the numerous pilots currently under development is an ambitious effort at The National University of Singapore (NUS). As part of the university's ongoing efforts to create a smart, safe and sustainable campus for students and staff, the new alliance's complementary products and services are coming together to test the foundations of a Digital Twin-powered operations platform. The data-driven platform will enable integrated building management across the campus and serve as the foundation for energy and space optimization, predictive maintenance, and unmanned operations."National University of Singapore (NUS)is excited about using Microsoft's Azure Digital Twins technology and Johnson Controls OpenBlue platform, in our digital transformation journey that changes the way we design and manage our buildings and infrastructure, while retaining smart, sustainability and safety principles at the core of the entire campus," said Professor Yong Kwet Yew, senior vice president (campus infrastructure), NUS.Working with Microsoft, Johnson Controls will address how people can return to work to maximize space while operating facilities safely, including: Energy Optimization optimizing energy usage within facilities maintenance with a goal of reducing carbon emissions that save money and support sustainability efforts. Access Control and Safety - addressing physical access and safety using live video analytics and spatial intelligence, combining Microsoft cloud services and Johnson Controls security access controls hardware end points. Collaboration for Facility Managers - integrating facility management workflows with workplace collaboration platforms such as Office 365 and Microsoft Teams to increase productivity and collaboration across remote teams. Workspace Optimization - maximizing the use of spaces by merging building and occupancy data with experiences to create actionable insights for facility managers and the occupants. Johnson Controls OpenBlue platform launched in July 2020 was designed with agility, flexibility and scalability in mind, to enable buildings to become dynamic spaces. In leveraging the platform, customers will be able to manage operations more systemically, delivering buildings that have memory, intelligence and unique identity. To read more about OpenBlue Digital Twin, please visit: https://www.johnsoncontrols.com/openblue/openblue-digital-twinAbout Johnson Controls:At Johnson Controls, we transform the environments where people live, work, learn and play. From optimizing building performance to improving safety and enhancing comfort, we drive the outcomes that matter most. We deliver our promise in industries such as healthcare, education, data centers and manufacturing. With a global team of 100,000 experts in more than 150 countries and over 130 years of innovation, we are the power behind our customers' mission. Our leading portfolio of building technology and solutions includes some of the most trusted names in the industry, such as Tyco, YORK, Metasys, Ruskin, Titus, Frick, Penn, Sabroe, Simplex, Ansul and Grinnell. For more information, visitwww.johnsoncontrols.comor follow us @johnsoncontrols on Twitter.About Microsoft:Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. INVESTOR CONTACTS: MEDIA CONTACTS: Antonella Franzen Phil Clement Direct: 609.720.4665 Direct: 414.208.5161 Email:[emailprotected] Email:[emailprotected] Ryan Edelman Michael Isaac Direct: 609.720.4545 Direct: +41 52 6330374 Email:[emailprotected] Email:[emailprotected] Microsoft Media Relations WE Communications for Microsoft (425) 638-7777 [emailprotected] SOURCE Johnson Controls International plc Related Links http://www.johnsoncontrols.com
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Johnson Controls and Microsoft Announce Global Collaboration, Launch Integration between OpenBlue Digital Twin and Azure Digital Twins
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CORK, Ireland and REDMOND, Wash., Dec.8, 2020 /PRNewswire/ --Johnson Controls(NYSE: JCI),the global leader for smart and sustainable buildings,and Microsoft Corp. on Tuesdayannounced a global collaboration to digitally transform how buildings and spaces are conceived, built and managed. Microsoft also announcedthe general availability of Microsoft Azure Digital Twins. As a key partner for Azure Digital Twins, Johnson Controls` OpenBlue Digital Twin is a comprehensive platform that will support the entire ecosystem of building and device management technologies with digital cloud technologies. Digital twins are playing an increasingly important role in the design and ongoing operation of healthy buildings Tweet this Johnson Controls is a Microsoft partner leveraging several Azure services including Active Directory Services, Azure Data Lake, Access Control and Time Series Insights. Microsoft's Azure Digital Twins is the newest Azure platform service integrated into Johnson Controls OpenBlue platform that aims to enable the creation of next-generation IoT connected solutions that will model the real world. Johnson Control's platform turns the physical world into computable objects that will enable customers to create detailed digital versions of physical buildings, assets and systems. Digital twins are digital replicas of physical entities capable of providing an in-depth analysis of data and the potential to monitor systems to mitigate risks, manage issues and utilize simulations to test future solutions. The use of digital twins plays an important role in helping technicians identify the root cause of issues accelerating problem solving. Additionally, building managers are able to support COVID-19 safety and security protocols, while ensuring efficient use of energy and other facility resources. Azure Digital Twinsenables the creation of knowledge graphs based on digital models of entire environments, whether they are buildings, factories, farms, energy networks, railways, stadiums or entire cities. These digital models empower property managers with actionable insights that drive better products, optimize operations, reduce costs and create breakthrough customer experiences. OpenBlue Digital Twinis a unique platform that is purpose-built with smart buildings and spaces in mind, enabling and unifying all aspects of an intelligent building; security, employee experience, facilities management, sustainability and more. The open platform's open system seamlessly integrates with existing building infrastructure, regardless of brand, make or model."Our partnership with Microsoft is a vital ingredient in our innovation strategy, as the company shares our vision of using technology to transform the environments where people live, work, learn and play," said Mike Ellis, vice president and chief digital and customer officer at Johnson Controls. "Digital twins are playing an increasingly important role in the design, construction and ongoing operation of healthy buildings and spaces, and can be particularly valuable when analyzing large datasets and predicting patterns and trends to tell our customers things they don't yet know. Our OpenBlue digital platform, closely connected with Microsoft's platform and workplace technologies, represents an unbeatable opportunity to help our customers make shared spaces safer, more agile and more sustainable.""We have an incredible opportunity to use advances in cloud and compute capabilities to help customers reimagine the physical world," said Scott Guthrie, executive vice president, Cloud + AI, Microsoft. "By integrating the power of Azure Digital Twins with Johnson Controls OpenBlue Digital Twin platform, our collaboration will provide customers with a digital replica and actionable insights to better meet their evolving needs."Among the numerous pilots currently under development is an ambitious effort at The National University of Singapore (NUS). As part of the university's ongoing efforts to create a smart, safe and sustainable campus for students and staff, the new alliance's complementary products and services are coming together to test the foundations of a Digital Twin-powered operations platform. The data-driven platform will enable integrated building management across the campus and serve as the foundation for energy and space optimization, predictive maintenance, and unmanned operations."National University of Singapore (NUS)is excited about using Microsoft's Azure Digital Twins technology and Johnson Controls OpenBlue platform, in our digital transformation journey that changes the way we design and manage our buildings and infrastructure, while retaining smart, sustainability and safety principles at the core of the entire campus," said Professor Yong Kwet Yew, senior vice president (campus infrastructure), NUS.Working with Microsoft, Johnson Controls will address how people can return to work to maximize space while operating facilities safely, including: Energy Optimization optimizing energy usage within facilities maintenance with a goal of reducing carbon emissions that save money and support sustainability efforts. Access Control and Safety - addressing physical access and safety using live video analytics and spatial intelligence, combining Microsoft cloud services and Johnson Controls security access controls hardware end points. Collaboration for Facility Managers - integrating facility management workflows with workplace collaboration platforms such as Office 365 and Microsoft Teams to increase productivity and collaboration across remote teams. Workspace Optimization - maximizing the use of spaces by merging building and occupancy data with experiences to create actionable insights for facility managers and the occupants. Johnson Controls OpenBlue platform launched in July 2020 was designed with agility, flexibility and scalability in mind, to enable buildings to become dynamic spaces. In leveraging the platform, customers will be able to manage operations more systemically, delivering buildings that have memory, intelligence and unique identity. To read more about OpenBlue Digital Twin, please visit: https://www.johnsoncontrols.com/openblue/openblue-digital-twinAbout Johnson Controls:At Johnson Controls, we transform the environments where people live, work, learn and play. From optimizing building performance to improving safety and enhancing comfort, we drive the outcomes that matter most. We deliver our promise in industries such as healthcare, education, data centers and manufacturing. With a global team of 100,000 experts in more than 150 countries and over 130 years of innovation, we are the power behind our customers' mission. Our leading portfolio of building technology and solutions includes some of the most trusted names in the industry, such as Tyco, YORK, Metasys, Ruskin, Titus, Frick, Penn, Sabroe, Simplex, Ansul and Grinnell. For more information, visitwww.johnsoncontrols.comor follow us @johnsoncontrols on Twitter.About Microsoft:Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. INVESTOR CONTACTS: MEDIA CONTACTS: Antonella Franzen Phil Clement Direct: 609.720.4665 Direct: 414.208.5161 Email:[emailprotected] Email:[emailprotected] Ryan Edelman Michael Isaac Direct: 609.720.4545 Direct: +41 52 6330374 Email:[emailprotected] Email:[emailprotected] Microsoft Media Relations WE Communications for Microsoft (425) 638-7777 [emailprotected] SOURCE Johnson Controls International plc Related Links http://www.johnsoncontrols.com
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edtsum4843
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN FRANCISCO--(BUSINESS WIRE)--AllStripes, a healthcare technology company dedicated to accelerating treatment research for patients with rare diseases, today announced a collaboration with the National Center for Advancing Translational Sciences (NCATS), an institute of the NIH established to transform the translational process so that new treatments and cures for disease can be delivered to patients faster. Through the collaboration, AllStripes will deploy its proprietary, longitudinal, participant-centered, real-world evidence platform to launch two studies for two rare conditions. Goals of the collaboration include informing the understanding of healthcare utilization during the diagnostic period, as well as understanding a patients diagnostic journey. The traditional drug development process and approaches for diagnostic intervention are not able to support the unique needs of rare diseases, which affect one in 10 people worldwide. NCATS and AllStripes share a like-minded vision of the urgency to change this paradigm and help bring forward new treatments and diagnostic approaches, faster, said Nancy Yu, co-founder and chief executive officer of AllStripes. By leveraging our technology platform, AllStripes and NCATS will collaborate on two studies aimed at identifying opportunities to speed diagnosis and raising awareness of the economic and human cost of rare disease among key stakeholders. NCATS is well positioned to help change policy and clinical practice in rare disease in a tremendous way, and we are excited to collaborate to make a meaningful difference for patients and families. AllStripes and NCATS will initially launch two studies via AllStripes secure and de-identified platform of medical records. The first study will capture data on healthcare utilization in two rare diseases before and during the diagnostic period, with the goal of providing objective data on the cost of rare disease, especially for undiagnosed patients. A second study will capture data on the diagnostic journey in two rare diseases, with the goal of identifying algorithms and opportunities to speed diagnosis. Future studies may also explore the development of novel diagnostic tools to decrease time to diagnosis. About AllStripes AllStripes is a healthcare technology company dedicated to unlocking new treatments for people with rare diseases. AllStripes has developed a technology platform that generates FDA-ready evidence to accelerate rare disease research and drug development, as well as a patient application that empowers patients and families to securely participate in treatment research online and benefit from their own medical data. AllStripes was founded by CEO Nancy Yu and technology developer Onno Faber, following his diagnosis and journey with the rare disease neurofibromatosis type 2. The company is backed by Lux Capital, Spark Capital, Maveron, Village Global, Garuda Ventures and a number of angel investors. For more information, visit www.allstripes.com.
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AllStripes Announces Collaboration with NIHs NCATS to Launch Effort in Rare Disease Diagnosis Studies to Leverage AllStripes Real-World Evidence Platform
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SAN FRANCISCO--(BUSINESS WIRE)--AllStripes, a healthcare technology company dedicated to accelerating treatment research for patients with rare diseases, today announced a collaboration with the National Center for Advancing Translational Sciences (NCATS), an institute of the NIH established to transform the translational process so that new treatments and cures for disease can be delivered to patients faster. Through the collaboration, AllStripes will deploy its proprietary, longitudinal, participant-centered, real-world evidence platform to launch two studies for two rare conditions. Goals of the collaboration include informing the understanding of healthcare utilization during the diagnostic period, as well as understanding a patients diagnostic journey. The traditional drug development process and approaches for diagnostic intervention are not able to support the unique needs of rare diseases, which affect one in 10 people worldwide. NCATS and AllStripes share a like-minded vision of the urgency to change this paradigm and help bring forward new treatments and diagnostic approaches, faster, said Nancy Yu, co-founder and chief executive officer of AllStripes. By leveraging our technology platform, AllStripes and NCATS will collaborate on two studies aimed at identifying opportunities to speed diagnosis and raising awareness of the economic and human cost of rare disease among key stakeholders. NCATS is well positioned to help change policy and clinical practice in rare disease in a tremendous way, and we are excited to collaborate to make a meaningful difference for patients and families. AllStripes and NCATS will initially launch two studies via AllStripes secure and de-identified platform of medical records. The first study will capture data on healthcare utilization in two rare diseases before and during the diagnostic period, with the goal of providing objective data on the cost of rare disease, especially for undiagnosed patients. A second study will capture data on the diagnostic journey in two rare diseases, with the goal of identifying algorithms and opportunities to speed diagnosis. Future studies may also explore the development of novel diagnostic tools to decrease time to diagnosis. About AllStripes AllStripes is a healthcare technology company dedicated to unlocking new treatments for people with rare diseases. AllStripes has developed a technology platform that generates FDA-ready evidence to accelerate rare disease research and drug development, as well as a patient application that empowers patients and families to securely participate in treatment research online and benefit from their own medical data. AllStripes was founded by CEO Nancy Yu and technology developer Onno Faber, following his diagnosis and journey with the rare disease neurofibromatosis type 2. The company is backed by Lux Capital, Spark Capital, Maveron, Village Global, Garuda Ventures and a number of angel investors. For more information, visit www.allstripes.com.
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edtsum4855
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, Oct.6, 2020 /PRNewswire/ --Adweek recently rankedGoods & Servicesno.11in its annual Adweek 100: Fastest Growing feature. Fastest Growing honors the 100 top agencies and 10 top solution providers large and small, from all over the world whose industry presence is on the rise. Accepting entries from every agency and solution provider category, this distinction is awarded to those organizations that have achieved exceptional growth over the past three years.This is the first year that solution providers have appeared on the list. Continue Reading Adweek "We built Goods & Services to take the best of our previous experience and combine it with the changing needs of our customers," says Scott Jennings, Founder and Chief Creative Officer of Goods & Services, and former Sapient executive. "We're proud to see the hard work pay off and to know we're serving our customers well. It's an honor for that work to be recognized by such an esteemed organization as Adweek." Complete results of Adweek 100: Fastest Growing, including company profiles, can be found at https://www.adweek.com/agencies/adweek-presents-the-100-fastest-growing-agencies-and-10-solution-providers-of-2020/and in the October 5th issue of the award-winning Adweek magazine. Featured organizations include holding companies, independent agencies, both global and regional focused, as well as organizations providing industry services across the spectrum from mobile to lead-gen. "2020 has been a challenging year, but these agencies and solution providers have shown how innovation breeds success," says JeffreyLitvack, Adweek's chief executive officer. "Everyone in the advertising community can learn something from their examples." "The only constant in advertising is change," added Lisa Granatstein, Adweek's editor, svp, programming. "The best way to see where the industry is headed is to see who's leading the pack, and Adweek 100: Fastest Growing always has a few surprises."OnThursday, October15, 2020,Adweek will celebrate these companies atthe Adweek 100: Fastest Growing virtual event.Goods & ServicesGoods & Services is a design and invention firm that holistically blends brand design, product design, communications, and digital technology. CONTACT:John King [emailprotected]470-443-2393More about AdweekMethodologyThe 2020 Adweek 100: Fastest Growing is ranked according to percentage revenue growth when comparing 2017 to 2020. To qualify, companies must have been founded and generating a minimum revenue level by 2017.About AdweekAdweek is the leading source of news and insight serving the brand marketing ecosystem. First published in 1979, Adweek's award-winning coverage reaches an engaged audience of more than 6 million professionals across platforms including print, digital, events, podcasts, newsletters, social media and mobile apps. As a touchstone of the advertising and marketing community, Adweek is an unparalleled resource for leaders across multiple industries who rely on its content to help them do their job better.For more information on Adweek 100: Fastest Growing, visit https://www.adweek.com/agencies/adweek-presents-the-100-fastest-growing-agencies-and-10-solution-providers-of-2020/For more information contact:[emailprotected]SOURCE Goods & Services
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Goods & Services Ranks No. 11 on Adweek 100: Fastest Growing with Three-Year Revenue Growth of 871% Adweek Announces 2020 Adweek 100: Fastest Growing Companies
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NEW YORK, Oct.6, 2020 /PRNewswire/ --Adweek recently rankedGoods & Servicesno.11in its annual Adweek 100: Fastest Growing feature. Fastest Growing honors the 100 top agencies and 10 top solution providers large and small, from all over the world whose industry presence is on the rise. Accepting entries from every agency and solution provider category, this distinction is awarded to those organizations that have achieved exceptional growth over the past three years.This is the first year that solution providers have appeared on the list. Continue Reading Adweek "We built Goods & Services to take the best of our previous experience and combine it with the changing needs of our customers," says Scott Jennings, Founder and Chief Creative Officer of Goods & Services, and former Sapient executive. "We're proud to see the hard work pay off and to know we're serving our customers well. It's an honor for that work to be recognized by such an esteemed organization as Adweek." Complete results of Adweek 100: Fastest Growing, including company profiles, can be found at https://www.adweek.com/agencies/adweek-presents-the-100-fastest-growing-agencies-and-10-solution-providers-of-2020/and in the October 5th issue of the award-winning Adweek magazine. Featured organizations include holding companies, independent agencies, both global and regional focused, as well as organizations providing industry services across the spectrum from mobile to lead-gen. "2020 has been a challenging year, but these agencies and solution providers have shown how innovation breeds success," says JeffreyLitvack, Adweek's chief executive officer. "Everyone in the advertising community can learn something from their examples." "The only constant in advertising is change," added Lisa Granatstein, Adweek's editor, svp, programming. "The best way to see where the industry is headed is to see who's leading the pack, and Adweek 100: Fastest Growing always has a few surprises."OnThursday, October15, 2020,Adweek will celebrate these companies atthe Adweek 100: Fastest Growing virtual event.Goods & ServicesGoods & Services is a design and invention firm that holistically blends brand design, product design, communications, and digital technology. CONTACT:John King [emailprotected]470-443-2393More about AdweekMethodologyThe 2020 Adweek 100: Fastest Growing is ranked according to percentage revenue growth when comparing 2017 to 2020. To qualify, companies must have been founded and generating a minimum revenue level by 2017.About AdweekAdweek is the leading source of news and insight serving the brand marketing ecosystem. First published in 1979, Adweek's award-winning coverage reaches an engaged audience of more than 6 million professionals across platforms including print, digital, events, podcasts, newsletters, social media and mobile apps. As a touchstone of the advertising and marketing community, Adweek is an unparalleled resource for leaders across multiple industries who rely on its content to help them do their job better.For more information on Adweek 100: Fastest Growing, visit https://www.adweek.com/agencies/adweek-presents-the-100-fastest-growing-agencies-and-10-solution-providers-of-2020/For more information contact:[emailprotected]SOURCE Goods & Services
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edtsum4860
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, Dec. 11, 2020 /PRNewswire/ -- Increasing pollution, changing food habits, and busy lifestyles are leading to rising stress levels and anxiety, besides other health concerns. These issues are further resulting in conditions such as wrinkles, pimples, and heavy hair loss. Thus, people are becoming more concerned about appearance and beauty, and are using beauty and cosmetic products for the prevention of skin or hair diseases. Nutmeg butter is a natural and sustainable alternative ingredient in beauty and cosmetic products. These factors are expected to fuel demand for nutmeg ingredients and nutmeg butter products in the near future. The global nutmeg butter market has witnessed significant growth in the past few years, and this trend is anticipated to continue through the course of the forecast period (2020 to 2030). The global nutmeg butter market is estimated to rise at a steady value CAGR of nearly 6% through 2030. Key Takeaways from Nutmeg Butter Market Study By nature, the organic segment is projected to register the highest volume growth rate over the forecast period in the global nutmeg butter market, owing to rising awareness about health and healthy ingredients and increasing demand for natural and organic ingredients and products. By application, the skin care segment is expected to hold the highest market value share of 88.7% in the year 2020. Increasing beauty concerns and men's grooming are key factors behind rising sales of skin care products. By distribution channel, the business to business segment holds the highest value share in the global nutmeg butter market, owing to rising popularity of nutmeg butter in cosmetic and personal care products. By region, Europe holds the highest value and volume share, followed by North America, in the global nutmeg butter market. This is attributable to increased awareness regarding protection of health, enhancing well-being, and boosting self-esteem. The impact of COVID-19 on various end-use industries of nutmeg butter is expected to affect the growth of the nutmeg butter market in the near term. Get PDF Sample for the Report: https://www.persistencemarketresearch.com/samples/32162 "Players in the nutmeg butter market can gain huge profits by promoting and collaborating with different cosmetic and personal care manufacturers to use nutmeg butter ingredients in different products," says a PMR analyst. Nutmeg Butter Market: Competitive Landscape As consumer demand for multifunctional products is increasing, manufacturers of cosmetic and personal care products are seeking multifunctional ingredients that can be used for different purposes. Nutmeg butter can be used in different products such as body massage products, hair masks, creams, lotions, soaps, pomades, after-sun creams and lotions, sun protection products, hair conditioners, and others. Also Get the Customized Report: https://www.persistencemarketresearch.com/request-customization/32162 Manufacturers operating in the nutmeg butter landscape, such as New Directions Aromatics Inc., Proderna Biotech Pvt. Ltd., and others are focusing on offering products that are in line with market trends and comply with different international certifications and standards. Proderna Biotech Pvt. Ltd. is organic certified NPOP, NOP including EU. Its manufacturing unit is ISO 22000:2005 (HACCP), FSSC:22000, Halal, and Kosher certified. Explore More Valuable Insights on Global Nutmeg Butter Market Persistence Market Research, in its new report, offers an impartial analysis of the global nutmeg butter market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights into the nutmeg butter market based on nature (organic, conventional), application (skin care, hair care, soap making, retail/household, others), and distribution channel (business to business, business to consumer), across seven major regions. Get Full Access of Report: https://www.persistencemarketresearch.com/checkout/32162 Browse Research Release at:https://www.persistencemarketresearch.com/market-research/nutmeg-butter-market.asp Browse End-to-end Market:Food Innovation Related Reports: Pea Protein Market: https://www.persistencemarketresearch.com/market-research/pea-protein-market.asp Soybean Rust Control Market: https://www.persistencemarketresearch.com/market-research/soybean-rust-control-market.asp About Persistence Market Research Overview: Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. ContactRajendra Singh Persistence Market ResearchU.S. Sales Office:305 Broadway, 7th FloorNew York City, NY 10007+1-646-568-7751United StatesUSA - Canada Toll-Free: 800-961-0353Email: [emailprotected]Visit Our Website:https://www.persistencemarketresearch.com Content Source:https://www.persistencemarketresearch.com/mediarelease/nutmeg-butter-market.asp SOURCE Persistence Market Research Pvt. Ltd.
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Nutmeg Butter Market is estimated to rise at a steady value CAGR of nearly 6% through 2030 - Persistence Market Research
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NEW YORK, Dec. 11, 2020 /PRNewswire/ -- Increasing pollution, changing food habits, and busy lifestyles are leading to rising stress levels and anxiety, besides other health concerns. These issues are further resulting in conditions such as wrinkles, pimples, and heavy hair loss. Thus, people are becoming more concerned about appearance and beauty, and are using beauty and cosmetic products for the prevention of skin or hair diseases. Nutmeg butter is a natural and sustainable alternative ingredient in beauty and cosmetic products. These factors are expected to fuel demand for nutmeg ingredients and nutmeg butter products in the near future. The global nutmeg butter market has witnessed significant growth in the past few years, and this trend is anticipated to continue through the course of the forecast period (2020 to 2030). The global nutmeg butter market is estimated to rise at a steady value CAGR of nearly 6% through 2030. Key Takeaways from Nutmeg Butter Market Study By nature, the organic segment is projected to register the highest volume growth rate over the forecast period in the global nutmeg butter market, owing to rising awareness about health and healthy ingredients and increasing demand for natural and organic ingredients and products. By application, the skin care segment is expected to hold the highest market value share of 88.7% in the year 2020. Increasing beauty concerns and men's grooming are key factors behind rising sales of skin care products. By distribution channel, the business to business segment holds the highest value share in the global nutmeg butter market, owing to rising popularity of nutmeg butter in cosmetic and personal care products. By region, Europe holds the highest value and volume share, followed by North America, in the global nutmeg butter market. This is attributable to increased awareness regarding protection of health, enhancing well-being, and boosting self-esteem. The impact of COVID-19 on various end-use industries of nutmeg butter is expected to affect the growth of the nutmeg butter market in the near term. Get PDF Sample for the Report: https://www.persistencemarketresearch.com/samples/32162 "Players in the nutmeg butter market can gain huge profits by promoting and collaborating with different cosmetic and personal care manufacturers to use nutmeg butter ingredients in different products," says a PMR analyst. Nutmeg Butter Market: Competitive Landscape As consumer demand for multifunctional products is increasing, manufacturers of cosmetic and personal care products are seeking multifunctional ingredients that can be used for different purposes. Nutmeg butter can be used in different products such as body massage products, hair masks, creams, lotions, soaps, pomades, after-sun creams and lotions, sun protection products, hair conditioners, and others. Also Get the Customized Report: https://www.persistencemarketresearch.com/request-customization/32162 Manufacturers operating in the nutmeg butter landscape, such as New Directions Aromatics Inc., Proderna Biotech Pvt. Ltd., and others are focusing on offering products that are in line with market trends and comply with different international certifications and standards. Proderna Biotech Pvt. Ltd. is organic certified NPOP, NOP including EU. Its manufacturing unit is ISO 22000:2005 (HACCP), FSSC:22000, Halal, and Kosher certified. Explore More Valuable Insights on Global Nutmeg Butter Market Persistence Market Research, in its new report, offers an impartial analysis of the global nutmeg butter market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights into the nutmeg butter market based on nature (organic, conventional), application (skin care, hair care, soap making, retail/household, others), and distribution channel (business to business, business to consumer), across seven major regions. Get Full Access of Report: https://www.persistencemarketresearch.com/checkout/32162 Browse Research Release at:https://www.persistencemarketresearch.com/market-research/nutmeg-butter-market.asp Browse End-to-end Market:Food Innovation Related Reports: Pea Protein Market: https://www.persistencemarketresearch.com/market-research/pea-protein-market.asp Soybean Rust Control Market: https://www.persistencemarketresearch.com/market-research/soybean-rust-control-market.asp About Persistence Market Research Overview: Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. ContactRajendra Singh Persistence Market ResearchU.S. Sales Office:305 Broadway, 7th FloorNew York City, NY 10007+1-646-568-7751United StatesUSA - Canada Toll-Free: 800-961-0353Email: [emailprotected]Visit Our Website:https://www.persistencemarketresearch.com Content Source:https://www.persistencemarketresearch.com/mediarelease/nutmeg-butter-market.asp SOURCE Persistence Market Research Pvt. Ltd.
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edtsum4861
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK--(BUSINESS WIRE)--SL Green Realty Corp. (NYSE:SLG), Manhattans largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.3033 per share of common stock. The dividend is payable in cash on April 15, 2021 to shareholders of record at the close of business on March 31, 2021. The board of directors also declared the regular quarterly dividend on the company's Series I Preferred Stock for the period January 15, 2021 through April 14, 2021 of $0.40625 per share, which is the equivalent of an annualized dividend of $1.625 per share. The dividend will be payable on April 15, 2021 to shareholders of record at the close of business on March 31, 2021. About SL Green Realty Corp. SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments. Forward Looking Statement This press release includes certain statements that may be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words may, will, should, expect, anticipate, estimate, believe, intend, project, continue, or the negative of these words, or other similar words or terms. Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties related to the on-going COVID-19 pandemic and the duration and impact it will have on our business and the industry as a whole and the other risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise. SLG DIV Source: SL Green Realty Corp.
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SL Green Realty Corp. Announces Common and Preferred Stock Dividends
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NEW YORK--(BUSINESS WIRE)--SL Green Realty Corp. (NYSE:SLG), Manhattans largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.3033 per share of common stock. The dividend is payable in cash on April 15, 2021 to shareholders of record at the close of business on March 31, 2021. The board of directors also declared the regular quarterly dividend on the company's Series I Preferred Stock for the period January 15, 2021 through April 14, 2021 of $0.40625 per share, which is the equivalent of an annualized dividend of $1.625 per share. The dividend will be payable on April 15, 2021 to shareholders of record at the close of business on March 31, 2021. About SL Green Realty Corp. SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments. Forward Looking Statement This press release includes certain statements that may be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words may, will, should, expect, anticipate, estimate, believe, intend, project, continue, or the negative of these words, or other similar words or terms. Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties related to the on-going COVID-19 pandemic and the duration and impact it will have on our business and the industry as a whole and the other risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise. SLG DIV Source: SL Green Realty Corp.
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN DIEGO & SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Biocom, the association representing the life science industry of California, issued the following statement regarding the announcement that the Nobel Prize in chemistry was awarded to Jennifer Doudna, Ph.D. of the University of California, Berkeley and Emmanuelle Charpentier, Ph.D. of the Max Planck Unit for the Science of Pathogens for their discovery of the genetic scissors CRISPR/Cas9. Since the discovery of CRISPR/Cas9 by Drs. Doudna and Charpentier a result of resilience, curiosity and unfettered innovation this genome editing tool has revolutionized the field of genetics, said Joe Panetta, president and CEO of Biocom. Dr. Doudna is an important visionary in the Bay Area and beyond, and her recognition speaks to the booming innovation in Californias unparalleled life science industry. Drs. Doudna and Charpentier have cemented themselves as tremendous role models for all women in STEM. Without their demonstrated determination, creativity and exploratory spirit, such game-changing scientific breakthroughs and medical advancements would not be possible. Its important to celebrate the work of true pioneers and continue to support breakthrough research and innovation throughout the state of California. Dr. Charpentier first identified a previously unknown molecule in bacterias defense systems against invading viruses, called CRISPR/Cas. In collaborating with Dr. Doudna and leveraging her RNA expertise, they were able to create the genetic tool CRISPR/Cas9 to quickly pinpoint the location of specific DNA sequences, knockout a targeted gene or insert new snips of DNA. Their breakthrough discovery has paved the way for countless scientists to further advance the technology and potentially transform how many diseases from inherited disorders to cancers are currently treated. About Biocom Biocom is the leader and advocate for Californias life science sector. We work on behalf of more than 1,300 members to drive public policy, build an enviable network of industry leaders, create access to capital, introduce innovative talent and workforce development strategies, and create robust value-driven purchasing programs. Founded in 1995 in San Diego, Biocom provides the strongest public voice to research institutions and companies that fuel the local and state-wide economy. Our goal is simple: to help our members produce novel solutions that improve the human condition. In addition to our San Diego headquarters, Biocom operates core offices in Los Angeles and the San Francisco Bay Area, satellite offices in Washington, D.C. and Tokyo, and has a continuous staff presence in Sacramento. Our broad membership benefits apply to biotechnology, pharmaceutical, medical device, genomics and diagnostics companies of all sizes, as well as to research universities and institutes, clinical research organizations, investors and service providers. For more information on Biocom, please visit our website at www.biocom.org. Connect with us on LinkedIn, Facebook, and Twitter (@BIOCOMCA).
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Biocom Celebrates the Winners of the Nobel Prize in Chemistry 2020
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SAN DIEGO & SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Biocom, the association representing the life science industry of California, issued the following statement regarding the announcement that the Nobel Prize in chemistry was awarded to Jennifer Doudna, Ph.D. of the University of California, Berkeley and Emmanuelle Charpentier, Ph.D. of the Max Planck Unit for the Science of Pathogens for their discovery of the genetic scissors CRISPR/Cas9. Since the discovery of CRISPR/Cas9 by Drs. Doudna and Charpentier a result of resilience, curiosity and unfettered innovation this genome editing tool has revolutionized the field of genetics, said Joe Panetta, president and CEO of Biocom. Dr. Doudna is an important visionary in the Bay Area and beyond, and her recognition speaks to the booming innovation in Californias unparalleled life science industry. Drs. Doudna and Charpentier have cemented themselves as tremendous role models for all women in STEM. Without their demonstrated determination, creativity and exploratory spirit, such game-changing scientific breakthroughs and medical advancements would not be possible. Its important to celebrate the work of true pioneers and continue to support breakthrough research and innovation throughout the state of California. Dr. Charpentier first identified a previously unknown molecule in bacterias defense systems against invading viruses, called CRISPR/Cas. In collaborating with Dr. Doudna and leveraging her RNA expertise, they were able to create the genetic tool CRISPR/Cas9 to quickly pinpoint the location of specific DNA sequences, knockout a targeted gene or insert new snips of DNA. Their breakthrough discovery has paved the way for countless scientists to further advance the technology and potentially transform how many diseases from inherited disorders to cancers are currently treated. About Biocom Biocom is the leader and advocate for Californias life science sector. We work on behalf of more than 1,300 members to drive public policy, build an enviable network of industry leaders, create access to capital, introduce innovative talent and workforce development strategies, and create robust value-driven purchasing programs. Founded in 1995 in San Diego, Biocom provides the strongest public voice to research institutions and companies that fuel the local and state-wide economy. Our goal is simple: to help our members produce novel solutions that improve the human condition. In addition to our San Diego headquarters, Biocom operates core offices in Los Angeles and the San Francisco Bay Area, satellite offices in Washington, D.C. and Tokyo, and has a continuous staff presence in Sacramento. Our broad membership benefits apply to biotechnology, pharmaceutical, medical device, genomics and diagnostics companies of all sizes, as well as to research universities and institutes, clinical research organizations, investors and service providers. For more information on Biocom, please visit our website at www.biocom.org. Connect with us on LinkedIn, Facebook, and Twitter (@BIOCOMCA).
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: MILLBRAE, Calif., Oct. 27, 2020 /PRNewswire/ -- Cargo Chief, a technology provider that enables 3PLs to more effectively and efficiently buy trucking capacity, announces the commercial release of LaneMaster, the transportation industry's first real-time full truckload (FTL) rating engine.LaneMaster gathers true freight pricing data through a consortium of leading transportation management software (TMS) and technology providers. View PDF About LaneMaster "LaneMaster helps 3PLs grow their margins and speed rate negotiations with carriers by setting realistic pricing targets using the most current, accurate and relevant rate data in the industry," said Russell Jones, Chief Executive Officer and Co-Founder of Cargo Chief. "Uniquely, LaneMaster shows users what other professionals are currently paying in the requested lane to build confidence in negotiations." LaneMaster's innovative consortium model gathers high-definition, anonymous FTL rate data the moment that loads are booked. The pricing data is updated instantly from thousands of daily transactions to include origins, destinations, mileages, trailer types, pick up dates, and rate details. Names of the shippers, 3PLs and carriers listed in the freight transactions are not shared."I've used the other rating tools out there, but LaneMaster has met market accuracy time and time again, winning us more opportunities," said Patrick Carroll, Director of Operations and Pricing for RoadOne LogisticSolutions, a Tampa, Fla.-based provider of end-to-end drayage brokerage and related logistics services. "Seeing transactions as they're being bookedhelps us from being upside down on a load by knowing actual costs instead of guessing."LaneMaster has a sophisticated data cleansing process and uses an exclusive Algorithm developed by experienced PhD data scientists that ensures quality and consistency in FTL rating. The Algorithm updates the secure LaneMaster rate database by using modern APIs that integrate with TMS systems to capture rate details from actual freight transactions, not from "teaser" rates posted in load boards."As a daily export contributor of more than 1,000 loads per week, and as a user of the LaneMaster product, I know firsthand that this is the most accurate and up to date rate engine on the market," said Omar Singh, CEO of Surge Transportation, a Jacksonville, Fla.-based truckload freight broker. "We are integrating the API into Surge's real-time rate engine and our pricing department is using this information to provide customers and carriers with the most accurate rates available. I expect that this will not only increase our market share by fostering more collaborative partnerships, but also increase our EBITDA by 25%."Market-leading transportation technology providers who have or will be integrating with LaneMaster include: AscendTMS, BrokerPro TMS, ePay Processor, Freightgate TMS, HubTek, LoadStop TMS, Navigator TMS,SwanLeap TMS and Cargo Chief's C4. All partners in the consortium are or will resell the LaneMaster servicesto shipper, 3PL and carrier customers.About LaneMasterLaneMaster is a modern consortium of freight brokers, carriers, shippers, TMSs and load processors, that share anonymized transaction data, as it is developed so LaneMaster members have an information advantage leveraging the industry's first real-time pricing engine. LaneMaster members also have access to powerful reports that score Account Executives, CRs, Lanes, Shippers and Carriers to market averages to uncover opportunities to improve operations. For more information visit www.lanemaster.comor email [emailprotected].SOURCE Cargo Chief Related Links http://www.lanemaster.com/
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Cargo Chief Announces Launch of LaneMaster, the First Real-time Pricing Engine for Trucking Innovative data consortium model provides professionals with the most current and accurate freight rates
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MILLBRAE, Calif., Oct. 27, 2020 /PRNewswire/ -- Cargo Chief, a technology provider that enables 3PLs to more effectively and efficiently buy trucking capacity, announces the commercial release of LaneMaster, the transportation industry's first real-time full truckload (FTL) rating engine.LaneMaster gathers true freight pricing data through a consortium of leading transportation management software (TMS) and technology providers. View PDF About LaneMaster "LaneMaster helps 3PLs grow their margins and speed rate negotiations with carriers by setting realistic pricing targets using the most current, accurate and relevant rate data in the industry," said Russell Jones, Chief Executive Officer and Co-Founder of Cargo Chief. "Uniquely, LaneMaster shows users what other professionals are currently paying in the requested lane to build confidence in negotiations." LaneMaster's innovative consortium model gathers high-definition, anonymous FTL rate data the moment that loads are booked. The pricing data is updated instantly from thousands of daily transactions to include origins, destinations, mileages, trailer types, pick up dates, and rate details. Names of the shippers, 3PLs and carriers listed in the freight transactions are not shared."I've used the other rating tools out there, but LaneMaster has met market accuracy time and time again, winning us more opportunities," said Patrick Carroll, Director of Operations and Pricing for RoadOne LogisticSolutions, a Tampa, Fla.-based provider of end-to-end drayage brokerage and related logistics services. "Seeing transactions as they're being bookedhelps us from being upside down on a load by knowing actual costs instead of guessing."LaneMaster has a sophisticated data cleansing process and uses an exclusive Algorithm developed by experienced PhD data scientists that ensures quality and consistency in FTL rating. The Algorithm updates the secure LaneMaster rate database by using modern APIs that integrate with TMS systems to capture rate details from actual freight transactions, not from "teaser" rates posted in load boards."As a daily export contributor of more than 1,000 loads per week, and as a user of the LaneMaster product, I know firsthand that this is the most accurate and up to date rate engine on the market," said Omar Singh, CEO of Surge Transportation, a Jacksonville, Fla.-based truckload freight broker. "We are integrating the API into Surge's real-time rate engine and our pricing department is using this information to provide customers and carriers with the most accurate rates available. I expect that this will not only increase our market share by fostering more collaborative partnerships, but also increase our EBITDA by 25%."Market-leading transportation technology providers who have or will be integrating with LaneMaster include: AscendTMS, BrokerPro TMS, ePay Processor, Freightgate TMS, HubTek, LoadStop TMS, Navigator TMS,SwanLeap TMS and Cargo Chief's C4. All partners in the consortium are or will resell the LaneMaster servicesto shipper, 3PL and carrier customers.About LaneMasterLaneMaster is a modern consortium of freight brokers, carriers, shippers, TMSs and load processors, that share anonymized transaction data, as it is developed so LaneMaster members have an information advantage leveraging the industry's first real-time pricing engine. LaneMaster members also have access to powerful reports that score Account Executives, CRs, Lanes, Shippers and Carriers to market averages to uncover opportunities to improve operations. For more information visit www.lanemaster.comor email [emailprotected].SOURCE Cargo Chief Related Links http://www.lanemaster.com/
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: STANTHORPE, Australia, April 21, 2021 /PRNewswire/ --Rodney Bartlett officially announced the release of his book "Out of Time," a thematically linked collection of essays offering a nuanced exploration of the science employed by humans in the future. A deep-dive into multiple, wide ranging topics including imaginary time, Mbius strips, figure-eight Klein bottles, Pi, Wick rotation, black holes, and the cosmic-spanning power of technology, "Out of Time" is a thoughtful exploration by a self-styled "citizen scientist" who is a frequent contributor on ResearchGate. Bartlett brings both astrophysics and robotics training to bear as he examines the future of the human species, who are only now beginning to understand the full ramifications of electronics or the far-flung destinations to which it will take them. "Out of Time" is available for purchase via MoreBooks, and Amazon. Continue Reading Out Of Time - Book Cover "Out of Time" Synopsis The universe is infinite and eternal but scientifically created. What seems a paradox is actually the will of those beings our ancestors often called "gods" El or Elohim and other names used throughout history to describe "magical" creatures mysteriously present and involved in the history of the world. Recorded as "divine beings," these individuals have in truth a much more terrestrial origin. How that might be rationally possible is the overarching theme of Bartlett's book. Describing an advanced, time-traveling species of great thinkers and scientific innovators who understand the plasticity of space and clock-time, "Out of Time" explores a concept that Arthur C. Clarke famously coined in his third law: "Any sufficiently advanced technology is indistinguishable from magic." Creating eternity depends on the advanced electronics our future selves will develop, and this includes the elusive concept of time travel by leveraging the understanding that the Universe is an amazing computer program a creative sorcery comprised of pure math and logic. All objects and events on Earth are just strings of electronic binary digits: 1 and 0. Using mind-bending programs involving "imaginary" time and mysterious infinite numbers like Pi, Bartlett illustrates some of the sublime concepts leveraged by the scientists of tomorrow to bring about the inevitability of world peace and human immortality. "Out of Time" Featured Review"There were two aspects of this book I found fascinating the most. The first is the dialogue between the physicist and the philosopher on the value of zero. Growing up as a mathematics student, I was taught that zero meant nothing. However, it seemed like philosophers had a different point of view" "It is well written and exceptionally edited. I gladly rate it four out of four stars. Anyone interested in knowing how science would shape the future of man and society is welcome to read this book." From an Online Book Club review by Sam Ibeh. Media Contact: Name, Title - Rodney Bartlett, Mr.Phone - 61476676191Email - [emailprotected] SOURCE Rodney Bartlett
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When Gods Walk - Using Imaginary Time as a Tool to Traverse a Scientifically Created Universe: Astrophysicist and Robotics Expert, Rodney Bartlett, Publishes Academic Collection Exploring Science of the Distant Future 'Out of Time: Predicting the Science of Future Centuries and Millennia'
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STANTHORPE, Australia, April 21, 2021 /PRNewswire/ --Rodney Bartlett officially announced the release of his book "Out of Time," a thematically linked collection of essays offering a nuanced exploration of the science employed by humans in the future. A deep-dive into multiple, wide ranging topics including imaginary time, Mbius strips, figure-eight Klein bottles, Pi, Wick rotation, black holes, and the cosmic-spanning power of technology, "Out of Time" is a thoughtful exploration by a self-styled "citizen scientist" who is a frequent contributor on ResearchGate. Bartlett brings both astrophysics and robotics training to bear as he examines the future of the human species, who are only now beginning to understand the full ramifications of electronics or the far-flung destinations to which it will take them. "Out of Time" is available for purchase via MoreBooks, and Amazon. Continue Reading Out Of Time - Book Cover "Out of Time" Synopsis The universe is infinite and eternal but scientifically created. What seems a paradox is actually the will of those beings our ancestors often called "gods" El or Elohim and other names used throughout history to describe "magical" creatures mysteriously present and involved in the history of the world. Recorded as "divine beings," these individuals have in truth a much more terrestrial origin. How that might be rationally possible is the overarching theme of Bartlett's book. Describing an advanced, time-traveling species of great thinkers and scientific innovators who understand the plasticity of space and clock-time, "Out of Time" explores a concept that Arthur C. Clarke famously coined in his third law: "Any sufficiently advanced technology is indistinguishable from magic." Creating eternity depends on the advanced electronics our future selves will develop, and this includes the elusive concept of time travel by leveraging the understanding that the Universe is an amazing computer program a creative sorcery comprised of pure math and logic. All objects and events on Earth are just strings of electronic binary digits: 1 and 0. Using mind-bending programs involving "imaginary" time and mysterious infinite numbers like Pi, Bartlett illustrates some of the sublime concepts leveraged by the scientists of tomorrow to bring about the inevitability of world peace and human immortality. "Out of Time" Featured Review"There were two aspects of this book I found fascinating the most. The first is the dialogue between the physicist and the philosopher on the value of zero. Growing up as a mathematics student, I was taught that zero meant nothing. However, it seemed like philosophers had a different point of view" "It is well written and exceptionally edited. I gladly rate it four out of four stars. Anyone interested in knowing how science would shape the future of man and society is welcome to read this book." From an Online Book Club review by Sam Ibeh. Media Contact: Name, Title - Rodney Bartlett, Mr.Phone - 61476676191Email - [emailprotected] SOURCE Rodney Bartlett
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: BOISBRIAND, Quebec--(BUSINESS WIRE)--Media are invited to the ribbon cutting ceremony to celebrate the completion of Navayas new hyper-controlled vertical hydroponics growing machine, a first in the cannabis industry. The event begins at 11:00 a.m. Mark Stermer, CEO of Navaya, is available for individual interviews after the event via Zoom. WHO: Mark Stermer, CEO of Navaya WHAT: Navaya will celebrate the culmination of a goal set a year ago for a low-cost, high-yield cannabis with a ribbon cutting ceremony introducing the unique growing machine features hyper-controlled vertical hydroponic technology that is a first in the cannabis industry. WHEN: Monday, March 22 11:00 a.m. 11:20 a.m. Opening remarks, ribbon cutting WHERE: Zoom https://us02web.zoom.us/j/82905379558 Meeting ID: 829 0537 9558 Find your local number: https://us02web.zoom.us/u/kbwdPQqKAg
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MEDIA ADVISORY: Navaya Completes the Construction of Its Cannabis Cultivation Machine - via Zoom - Monday, March 22, 11:00 A.M.
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BOISBRIAND, Quebec--(BUSINESS WIRE)--Media are invited to the ribbon cutting ceremony to celebrate the completion of Navayas new hyper-controlled vertical hydroponics growing machine, a first in the cannabis industry. The event begins at 11:00 a.m. Mark Stermer, CEO of Navaya, is available for individual interviews after the event via Zoom. WHO: Mark Stermer, CEO of Navaya WHAT: Navaya will celebrate the culmination of a goal set a year ago for a low-cost, high-yield cannabis with a ribbon cutting ceremony introducing the unique growing machine features hyper-controlled vertical hydroponic technology that is a first in the cannabis industry. WHEN: Monday, March 22 11:00 a.m. 11:20 a.m. Opening remarks, ribbon cutting WHERE: Zoom https://us02web.zoom.us/j/82905379558 Meeting ID: 829 0537 9558 Find your local number: https://us02web.zoom.us/u/kbwdPQqKAg
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edtsum4873
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK, July 9, 2020 /PRNewswire/ --Global Gene Amplification Technologies Market to Reach US$2.9 Billion by the Year 2027 Amid the COVID-19 crisis, the global market for Gene Amplification Technologies estimated at US$2.3 Billion in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2027, growing at a CAGR of 3.4% over the analysis period 2020-2027.Medical, one of the segments analyzed in the report, is projected to grow at a 3.7% CAGR to reach US$1.1 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Forensics segment is readjusted to a revised 3.3% CAGR for the next 7-year period. This segment currently accounts for a 24.8% share of the global Gene Amplification Technologies market. Read the full report: https://www.reportlinker.com/p05817590/?utm_source=PRN The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 6.1% CAGR for the Period of 2020-2027 The Gene Amplification Technologies market in the U.S. is estimated at US$628.9 Million in the year 2020. The country currently accounts for a 27% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$610.3 Million in the year 2027 trailing a CAGR of 6.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR while Rest of European market (as defined in the study) will reach US$610.3 Million by the year 2027. Other Applications Segment Corners a 39.3% Share in 2020 In the global Other Applications segment, USA, Canada, Japan, China and Europe will drive the 2.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$698.9 Million in the year 2020 will reach a projected size of US$842.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$409.8 Million by the year 2027, while Latin America will expand at a 3.8% CAGR through the analysis period. We bring years of research experience to this 17th edition of our report. The 231-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. - Competitors identified in this market include, among others, Abbott Molecular, Inc. Agilent Technologies, Inc. Becton, Dickinson and Company bioMerieux SA Bio-Rad Laboratories, Inc. Cepheid Charles River Laboratories International, Inc. Eppendorf AG F. Hoffmann-La Roche AG GE Healthcare PerkinElmer, Inc. Promega Corporation QIAGEN NV Roche Diagnostics Corporation Sysmex Corporation Takara Bio, Inc. Read the full report: https://www.reportlinker.com/p05817590/?utm_source=PRN I. INTRODUCTION, METHODOLOGY & REPORT SCOPEII. EXECUTIVE SUMMARY1. MARKET OVERVIEW Global Competitor Market Shares Gene Amplification Technologies Competitor Market Share Scenario Worldwide (in %): 2019 & 2028 Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE Table 1: Gene Amplification Technologies Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 2: Gene Amplification Technologies Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019 Table 3: Gene Amplification Technologies Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Medical (Application) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027 Table 5: Medical (Application) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019 Table 6: Medical (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Forensics (Application) Worldwide Sales in US$ Million by Region/Country: 2020-2027 Table 8: Forensics (Application) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019 Table 9: Forensics (Application) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027 Table 10: Other Applications (Application) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027 Table 11: Other Applications (Application) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019 Table 12: Other Applications (Application) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027 III. MARKET ANALYSISGEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Gene Amplification Technologies Market Share (in %) by Company: 2019 & 2025 Market Analytics Table 13: United States Gene Amplification Technologies Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 14: Gene Amplification Technologies Historic Demand Patterns in the United States by Application in US$ Million for 2012-2019 Table 15: Gene Amplification Technologies Market Share Breakdown in the United States by Application: 2012 VS 2020 VS 2027 CANADA Table 16: Canadian Gene Amplification Technologies Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 17: Gene Amplification Technologies Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 18: Canadian Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 JAPAN Table 19: Japanese Demand Estimates and Forecasts for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 20: Japanese Gene Amplification Technologies Market in US$ Million by Application: 2012-2019 Table 21: Gene Amplification Technologies Market Share Shift in Japan by Application: 2012 VS 2020 VS 2027 CHINA Table 22: Chinese Demand for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 23: Gene Amplification Technologies Market Review in China in US$ Million by Application: 2012-2019 Table 24: Chinese Gene Amplification Technologies Market Share Breakdown by Application: 2012 VS 2020 VS 2027 EUROPE Market Facts & Figures European Gene Amplification Technologies Market: Competitor Market Share Scenario (in %) for 2019 & 2025 Market Analytics Table 25: European Gene Amplification Technologies Market Demand Scenario in US$ Million by Region/Country: 2020-2027 Table 26: Gene Amplification Technologies Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019 Table 27: European Gene Amplification Technologies Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 28: European Gene Amplification Technologies Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 29: Gene Amplification Technologies Market in Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 30: European Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 FRANCE Table 31: Gene Amplification Technologies Quantitative Demand Analysis in France in US$ Million by Application: 2020-2027 Table 32: French Gene Amplification Technologies Historic Market Review in US$ Million by Application: 2012-2019 Table 33: French Gene Amplification Technologies Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 GERMANY Table 34: Gene Amplification Technologies Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 35: German Gene Amplification Technologies Market in Retrospect in US$ Million by Application: 2012-2019 Table 36: Gene Amplification Technologies Market Share Distribution in Germany by Application: 2012 VS 2020 VS 2027 ITALY Table 37: Italian Demand for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 38: Gene Amplification Technologies Market Review in Italy in US$ Million by Application: 2012-2019 Table 39: Italian Gene Amplification Technologies Market Share Breakdown by Application: 2012 VS 2020 VS 2027 UNITED KINGDOM Table 40: United Kingdom Demand Estimates and Forecasts for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 41: United Kingdom Gene Amplification Technologies Market in US$ Million by Application: 2012-2019 Table 42: Gene Amplification Technologies Market Share Shift in the United Kingdom by Application: 2012 VS 2020 VS 2027 SPAIN Table 43: Spanish Gene Amplification Technologies Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 44: Gene Amplification Technologies Market in Spain: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 45: Spanish Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 RUSSIA Table 46: Russian Gene Amplification Technologies Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 47: Gene Amplification Technologies Historic Demand Patterns in Russia by Application in US$ Million for 2012-2019 Table 48: Gene Amplification Technologies Market Share Breakdown in Russia by Application: 2012 VS 2020 VS 2027 REST OF EUROPE Table 49: Rest of Europe Gene Amplification Technologies Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 50: Gene Amplification Technologies Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 51: Rest of Europe Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 52: Asia-Pacific Gene Amplification Technologies Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 53: Gene Amplification Technologies Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019 Table 54: Asia-Pacific Gene Amplification Technologies Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 55: Gene Amplification Technologies Quantitative Demand Analysis in Asia-Pacific in US$ Million by Application: 2020-2027 Table 56: Asia-Pacific Gene Amplification Technologies Historic Market Review in US$ Million by Application: 2012-2019 Table 57: Asia-Pacific Gene Amplification Technologies Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 AUSTRALIA Table 58: Gene Amplification Technologies Market in Australia: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 59: Australian Gene Amplification Technologies Market in Retrospect in US$ Million by Application: 2012-2019 Table 60: Gene Amplification Technologies Market Share Distribution in Australia by Application: 2012 VS 2020 VS 2027 INDIA Table 61: Indian Gene Amplification Technologies Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 62: Gene Amplification Technologies Market in India: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 63: Indian Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 SOUTH KOREA Table 64: Gene Amplification Technologies Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Application for the Period 2020-2027 Table 65: South Korean Gene Amplification Technologies Historic Market Analysis in US$ Million by Application: 2012-2019 Table 66: Gene Amplification Technologies Market Share Distribution in South Korea by Application: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 67: Rest of Asia-Pacific Demand Estimates and Forecasts for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 68: Rest of Asia-Pacific Gene Amplification Technologies Market in US$ Million by Application: 2012-2019 Table 69: Gene Amplification Technologies Market Share Shift in Rest of Asia-Pacific by Application: 2012 VS 2020 VS 2027 LATIN AMERICA Table 70: Latin American Gene Amplification Technologies Market Trends by Region/Country in US$ Million: 2020-2027 Table 71: Gene Amplification Technologies Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019 Table 72: Latin American Gene Amplification Technologies Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 73: Latin American Demand for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 74: Gene Amplification Technologies Market Review in Latin America in US$ Million by Application: 2012-2019 Table 75: Latin American Gene Amplification Technologies Market Share Breakdown by Application: 2012 VS 2020 VS 2027 ARGENTINA Table 76: Argentinean Gene Amplification Technologies Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 77: Gene Amplification Technologies Market in Argentina: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 78: Argentinean Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 BRAZIL Table 79: Gene Amplification Technologies Quantitative Demand Analysis in Brazil in US$ Million by Application: 2020-2027 Table 80: Brazilian Gene Amplification Technologies Historic Market Review in US$ Million by Application: 2012-2019 Table 81: Brazilian Gene Amplification Technologies Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 MEXICO Table 82: Gene Amplification Technologies Market in Mexico: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 83: Mexican Gene Amplification Technologies Market in Retrospect in US$ Million by Application: 2012-2019 Table 84: Gene Amplification Technologies Market Share Distribution in Mexico by Application: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 85: Rest of Latin America Gene Amplification Technologies Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 86: Gene Amplification Technologies Historic Demand Patterns in Rest of Latin America by Application in US$ Million for 2012-2019 Table 87: Gene Amplification Technologies Market Share Breakdown in Rest of Latin America by Application: 2012 VS 2020 VS 2027 MIDDLE EAST Table 88: The Middle East Gene Amplification Technologies Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 89: Gene Amplification Technologies Market in the Middle East by Region/Country in US$ Million: 2012-2019 Table 90: The Middle East Gene Amplification Technologies Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 91: The Middle East Gene Amplification Technologies Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 92: Gene Amplification Technologies Market in the Middle East: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 93: The Middle East Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 IRAN Table 94: Iranian Demand Estimates and Forecasts for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 95: Iranian Gene Amplification Technologies Market in US$ Million by Application: 2012-2019 Table 96: Gene Amplification Technologies Market Share Shift in Iran by Application: 2012 VS 2020 VS 2027 ISRAEL Table 97: Israeli Gene Amplification Technologies Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 98: Gene Amplification Technologies Market in Israel: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 99: Israeli Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 100: Saudi Arabian Demand for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 101: Gene Amplification Technologies Market Review in Saudi Arabia in US$ Million by Application: 2012-2019 Table 102: Saudi Arabian Gene Amplification Technologies Market Share Breakdown by Application: 2012 VS 2020 VS 2027 UNITED ARAB EMIRATES Table 103: Gene Amplification Technologies Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Application for the Period 2020-2027 Table 104: United Arab Emirates Gene Amplification Technologies Historic Market Analysis in US$ Million by Application: 2012-2019 Table 105: Gene Amplification Technologies Market Share Distribution in United Arab Emirates by Application: 2012 VS 2020 VS 2027 REST OF MIDDLE EAST Table 106: Gene Amplification Technologies Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 107: Rest of Middle East Gene Amplification Technologies Market in Retrospect in US$ Million by Application: 2012-2019 Table 108: Gene Amplification Technologies Market Share Distribution in Rest of Middle East by Application: 2012 VS 2020 VS 2027 AFRICA Table 109: African Gene Amplification Technologies Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 110: Gene Amplification Technologies Historic Demand Patterns in Africa by Application in US$ Million for 2012-2019 Table 111: Gene Amplification Technologies Market Share Breakdown in Africa by Application: 2012 VS 2020 VS 2027 IV. COMPETITIONTotal Companies Profiled: 90Read the full report: https://www.reportlinker.com/p05817590/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
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Global Gene Amplification Technologies Industry
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NEW YORK, July 9, 2020 /PRNewswire/ --Global Gene Amplification Technologies Market to Reach US$2.9 Billion by the Year 2027 Amid the COVID-19 crisis, the global market for Gene Amplification Technologies estimated at US$2.3 Billion in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2027, growing at a CAGR of 3.4% over the analysis period 2020-2027.Medical, one of the segments analyzed in the report, is projected to grow at a 3.7% CAGR to reach US$1.1 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Forensics segment is readjusted to a revised 3.3% CAGR for the next 7-year period. This segment currently accounts for a 24.8% share of the global Gene Amplification Technologies market. Read the full report: https://www.reportlinker.com/p05817590/?utm_source=PRN The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 6.1% CAGR for the Period of 2020-2027 The Gene Amplification Technologies market in the U.S. is estimated at US$628.9 Million in the year 2020. The country currently accounts for a 27% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$610.3 Million in the year 2027 trailing a CAGR of 6.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR while Rest of European market (as defined in the study) will reach US$610.3 Million by the year 2027. Other Applications Segment Corners a 39.3% Share in 2020 In the global Other Applications segment, USA, Canada, Japan, China and Europe will drive the 2.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$698.9 Million in the year 2020 will reach a projected size of US$842.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$409.8 Million by the year 2027, while Latin America will expand at a 3.8% CAGR through the analysis period. We bring years of research experience to this 17th edition of our report. The 231-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. - Competitors identified in this market include, among others, Abbott Molecular, Inc. Agilent Technologies, Inc. Becton, Dickinson and Company bioMerieux SA Bio-Rad Laboratories, Inc. Cepheid Charles River Laboratories International, Inc. Eppendorf AG F. Hoffmann-La Roche AG GE Healthcare PerkinElmer, Inc. Promega Corporation QIAGEN NV Roche Diagnostics Corporation Sysmex Corporation Takara Bio, Inc. Read the full report: https://www.reportlinker.com/p05817590/?utm_source=PRN I. INTRODUCTION, METHODOLOGY & REPORT SCOPEII. EXECUTIVE SUMMARY1. MARKET OVERVIEW Global Competitor Market Shares Gene Amplification Technologies Competitor Market Share Scenario Worldwide (in %): 2019 & 2028 Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE Table 1: Gene Amplification Technologies Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 2: Gene Amplification Technologies Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019 Table 3: Gene Amplification Technologies Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Medical (Application) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027 Table 5: Medical (Application) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019 Table 6: Medical (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Forensics (Application) Worldwide Sales in US$ Million by Region/Country: 2020-2027 Table 8: Forensics (Application) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019 Table 9: Forensics (Application) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027 Table 10: Other Applications (Application) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027 Table 11: Other Applications (Application) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019 Table 12: Other Applications (Application) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027 III. MARKET ANALYSISGEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Gene Amplification Technologies Market Share (in %) by Company: 2019 & 2025 Market Analytics Table 13: United States Gene Amplification Technologies Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 14: Gene Amplification Technologies Historic Demand Patterns in the United States by Application in US$ Million for 2012-2019 Table 15: Gene Amplification Technologies Market Share Breakdown in the United States by Application: 2012 VS 2020 VS 2027 CANADA Table 16: Canadian Gene Amplification Technologies Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 17: Gene Amplification Technologies Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 18: Canadian Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 JAPAN Table 19: Japanese Demand Estimates and Forecasts for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 20: Japanese Gene Amplification Technologies Market in US$ Million by Application: 2012-2019 Table 21: Gene Amplification Technologies Market Share Shift in Japan by Application: 2012 VS 2020 VS 2027 CHINA Table 22: Chinese Demand for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 23: Gene Amplification Technologies Market Review in China in US$ Million by Application: 2012-2019 Table 24: Chinese Gene Amplification Technologies Market Share Breakdown by Application: 2012 VS 2020 VS 2027 EUROPE Market Facts & Figures European Gene Amplification Technologies Market: Competitor Market Share Scenario (in %) for 2019 & 2025 Market Analytics Table 25: European Gene Amplification Technologies Market Demand Scenario in US$ Million by Region/Country: 2020-2027 Table 26: Gene Amplification Technologies Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019 Table 27: European Gene Amplification Technologies Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 28: European Gene Amplification Technologies Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 29: Gene Amplification Technologies Market in Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 30: European Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 FRANCE Table 31: Gene Amplification Technologies Quantitative Demand Analysis in France in US$ Million by Application: 2020-2027 Table 32: French Gene Amplification Technologies Historic Market Review in US$ Million by Application: 2012-2019 Table 33: French Gene Amplification Technologies Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 GERMANY Table 34: Gene Amplification Technologies Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 35: German Gene Amplification Technologies Market in Retrospect in US$ Million by Application: 2012-2019 Table 36: Gene Amplification Technologies Market Share Distribution in Germany by Application: 2012 VS 2020 VS 2027 ITALY Table 37: Italian Demand for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 38: Gene Amplification Technologies Market Review in Italy in US$ Million by Application: 2012-2019 Table 39: Italian Gene Amplification Technologies Market Share Breakdown by Application: 2012 VS 2020 VS 2027 UNITED KINGDOM Table 40: United Kingdom Demand Estimates and Forecasts for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 41: United Kingdom Gene Amplification Technologies Market in US$ Million by Application: 2012-2019 Table 42: Gene Amplification Technologies Market Share Shift in the United Kingdom by Application: 2012 VS 2020 VS 2027 SPAIN Table 43: Spanish Gene Amplification Technologies Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 44: Gene Amplification Technologies Market in Spain: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 45: Spanish Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 RUSSIA Table 46: Russian Gene Amplification Technologies Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 47: Gene Amplification Technologies Historic Demand Patterns in Russia by Application in US$ Million for 2012-2019 Table 48: Gene Amplification Technologies Market Share Breakdown in Russia by Application: 2012 VS 2020 VS 2027 REST OF EUROPE Table 49: Rest of Europe Gene Amplification Technologies Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 50: Gene Amplification Technologies Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 51: Rest of Europe Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 52: Asia-Pacific Gene Amplification Technologies Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 53: Gene Amplification Technologies Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019 Table 54: Asia-Pacific Gene Amplification Technologies Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 55: Gene Amplification Technologies Quantitative Demand Analysis in Asia-Pacific in US$ Million by Application: 2020-2027 Table 56: Asia-Pacific Gene Amplification Technologies Historic Market Review in US$ Million by Application: 2012-2019 Table 57: Asia-Pacific Gene Amplification Technologies Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 AUSTRALIA Table 58: Gene Amplification Technologies Market in Australia: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 59: Australian Gene Amplification Technologies Market in Retrospect in US$ Million by Application: 2012-2019 Table 60: Gene Amplification Technologies Market Share Distribution in Australia by Application: 2012 VS 2020 VS 2027 INDIA Table 61: Indian Gene Amplification Technologies Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 62: Gene Amplification Technologies Market in India: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 63: Indian Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 SOUTH KOREA Table 64: Gene Amplification Technologies Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Application for the Period 2020-2027 Table 65: South Korean Gene Amplification Technologies Historic Market Analysis in US$ Million by Application: 2012-2019 Table 66: Gene Amplification Technologies Market Share Distribution in South Korea by Application: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 67: Rest of Asia-Pacific Demand Estimates and Forecasts for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 68: Rest of Asia-Pacific Gene Amplification Technologies Market in US$ Million by Application: 2012-2019 Table 69: Gene Amplification Technologies Market Share Shift in Rest of Asia-Pacific by Application: 2012 VS 2020 VS 2027 LATIN AMERICA Table 70: Latin American Gene Amplification Technologies Market Trends by Region/Country in US$ Million: 2020-2027 Table 71: Gene Amplification Technologies Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019 Table 72: Latin American Gene Amplification Technologies Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 73: Latin American Demand for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 74: Gene Amplification Technologies Market Review in Latin America in US$ Million by Application: 2012-2019 Table 75: Latin American Gene Amplification Technologies Market Share Breakdown by Application: 2012 VS 2020 VS 2027 ARGENTINA Table 76: Argentinean Gene Amplification Technologies Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 77: Gene Amplification Technologies Market in Argentina: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 78: Argentinean Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 BRAZIL Table 79: Gene Amplification Technologies Quantitative Demand Analysis in Brazil in US$ Million by Application: 2020-2027 Table 80: Brazilian Gene Amplification Technologies Historic Market Review in US$ Million by Application: 2012-2019 Table 81: Brazilian Gene Amplification Technologies Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 MEXICO Table 82: Gene Amplification Technologies Market in Mexico: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 83: Mexican Gene Amplification Technologies Market in Retrospect in US$ Million by Application: 2012-2019 Table 84: Gene Amplification Technologies Market Share Distribution in Mexico by Application: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 85: Rest of Latin America Gene Amplification Technologies Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 86: Gene Amplification Technologies Historic Demand Patterns in Rest of Latin America by Application in US$ Million for 2012-2019 Table 87: Gene Amplification Technologies Market Share Breakdown in Rest of Latin America by Application: 2012 VS 2020 VS 2027 MIDDLE EAST Table 88: The Middle East Gene Amplification Technologies Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 89: Gene Amplification Technologies Market in the Middle East by Region/Country in US$ Million: 2012-2019 Table 90: The Middle East Gene Amplification Technologies Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 91: The Middle East Gene Amplification Technologies Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 92: Gene Amplification Technologies Market in the Middle East: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 93: The Middle East Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 IRAN Table 94: Iranian Demand Estimates and Forecasts for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 95: Iranian Gene Amplification Technologies Market in US$ Million by Application: 2012-2019 Table 96: Gene Amplification Technologies Market Share Shift in Iran by Application: 2012 VS 2020 VS 2027 ISRAEL Table 97: Israeli Gene Amplification Technologies Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 98: Gene Amplification Technologies Market in Israel: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 99: Israeli Gene Amplification Technologies Market Share Analysis by Application: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 100: Saudi Arabian Demand for Gene Amplification Technologies in US$ Million by Application: 2020 to 2027 Table 101: Gene Amplification Technologies Market Review in Saudi Arabia in US$ Million by Application: 2012-2019 Table 102: Saudi Arabian Gene Amplification Technologies Market Share Breakdown by Application: 2012 VS 2020 VS 2027 UNITED ARAB EMIRATES Table 103: Gene Amplification Technologies Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Application for the Period 2020-2027 Table 104: United Arab Emirates Gene Amplification Technologies Historic Market Analysis in US$ Million by Application: 2012-2019 Table 105: Gene Amplification Technologies Market Share Distribution in United Arab Emirates by Application: 2012 VS 2020 VS 2027 REST OF MIDDLE EAST Table 106: Gene Amplification Technologies Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 107: Rest of Middle East Gene Amplification Technologies Market in Retrospect in US$ Million by Application: 2012-2019 Table 108: Gene Amplification Technologies Market Share Distribution in Rest of Middle East by Application: 2012 VS 2020 VS 2027 AFRICA Table 109: African Gene Amplification Technologies Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 110: Gene Amplification Technologies Historic Demand Patterns in Africa by Application in US$ Million for 2012-2019 Table 111: Gene Amplification Technologies Market Share Breakdown in Africa by Application: 2012 VS 2020 VS 2027 IV. COMPETITIONTotal Companies Profiled: 90Read the full report: https://www.reportlinker.com/p05817590/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
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edtsum4875
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: FAIRFAX, Va., Aug. 10, 2020 /PRNewswire/ --Mission Mining Co (OTC: MISM)today announced the successful closing of its share exchange agreement with Futuris Technology Services, Inc. ('Futuris'), a Human Capital Management company focused on the acquisition and operation of executive search, staffing and consulting companies that specialize in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. Mission Mining is currently trading on the OTC under the symbol 'MISM' and has filed the necessary applications to change the name of the company to "Futuris Company" and stock symbol reflecting the new company name as soon as possible. Upon closing, the Company has appointed Kalyan Pathuri as President and Amit Jain as CFO. Kalyan Pathuri served for 23 years as the CEO of GCP Inc., a Chantilly, VA based custom software development and professional services firm specializing in client/server and Internet Technology where he was responsible for overall business planning and strategy and was instrumental in growing the revenue, profits and business value of the company. He has also worked in senior leadership position with organizations like 3H Technology in Vienna, VA, with Equant in Herndon, VA, etc. Overall Mr. Pathuri has more than 25 years of experience as an operational leader, covering business management, strategy, planning and direction. Mr. Pathuri holds a BE in Electrical Engineering from S.V. University, India and MS in Computer Engineering from Virginia Tech. "The closing of our share exchange agreement is a significant achievement and step forward in executing on our business strategy. Our team with decades of financial, technology and staffing experience have identified several key acquisition targets in several professional service verticals. Layering each undervalued asset onto our public company platform, we believe we will be able to leverage operational efficiencies of each asset, which will maximize growth and margin expansion of the business. We are committed to building a global staffing company through accretive acquisitions and operational efficiencies," stated Kalyan Pathuri, newly appointed President of Futuris Company. Amit Jain has a global track record for delivering extraordinary bottom line performance. His 25+ years of business experience is quite diverse in that he has held executive and senior leadership roles in the areas of finance, audit, compliance, business development, and operations across a range of technology, software, consulting and professional service, hospitality and financial industries for a variety of public and private companies. He has over two decades of experience in corporate accounting and finance, including expertise in due diligences and acquisitions, conducting Forensic reviews, corporate strategy formation and execution, organizational and process optimization, and all phases of audit. Mr. Jain holds a Chartered Accountancy masters degree from Institute of Chartered Accountants of India, has a masters degree in Business Management from Indian Institute of Management, Calcutta, and is also is a Certified Fraud and Forensic Accountant. Prior to joining Mission Mining Company, Mr. Jain was the Group CFO for DoIT Smart Hospitality handling four companies of the group. He has also worked in leadership position with organizations like Vodafone, CPA Global, Timex Watches and has also worked with two of the Big 4 Consulting firms namely Price Waterhouse Coopers and KPMG. "We are very pleased to welcome such respected industry experts to the Mission Mining Company. Their wealth of knowledge and insights will galvanize our continued ambitions to expand our brand and next phase of growth as the Futuris Company," said Naveen Doki, Board Chairman of Mission Mining Company. "Their respective contributions will bring even more innovation to our business and we look forward to bringing them into our family." About Futuris CompanyFuturis, Human Capital Management company is focused on the acquisition and operation of executive search, staffing and consulting companies that specialize in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The Company is committed to building a global staffing company through highly targeted and accretive acquisitions and operational efficiencies. For more information please visit http://futuris.company/. About Mission Mining CompanyAt Mission Mining Company, Human Capital Management (HCM) and Staffing services is the heart of our business and many Fortune 500 Organizations trusted our subsidiaries providing such services for decades to manage their human capital in order to reduce their onboarding and off-boarding time, labor costs and risk collectively. Unlike the co employer model of PEO, HCM, in essence, provides a complete suite of Professional Services, outsourced Payroll, Benefits, HR and Compliance functions such as background checks, payroll management and benefits administration, and off-site quality management testing. Forward-Looking StatementsCertain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by Mission Mining with the Securities and Exchange Commission. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business and although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof. Investor Contact:KCSA Strategic CommunicationsValter Pinto / Allison Soss[emailprotected]PH: (212) 896-1254 SOURCE Futuris Technology Services, Inc.; Mission Mining Co Related Links http://futuris.company/
Answer:
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Mission Mining Co Announces Closing of Share Exchange Agreement with Futuris Technology Services, Inc. and Appointments to Management Team
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FAIRFAX, Va., Aug. 10, 2020 /PRNewswire/ --Mission Mining Co (OTC: MISM)today announced the successful closing of its share exchange agreement with Futuris Technology Services, Inc. ('Futuris'), a Human Capital Management company focused on the acquisition and operation of executive search, staffing and consulting companies that specialize in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. Mission Mining is currently trading on the OTC under the symbol 'MISM' and has filed the necessary applications to change the name of the company to "Futuris Company" and stock symbol reflecting the new company name as soon as possible. Upon closing, the Company has appointed Kalyan Pathuri as President and Amit Jain as CFO. Kalyan Pathuri served for 23 years as the CEO of GCP Inc., a Chantilly, VA based custom software development and professional services firm specializing in client/server and Internet Technology where he was responsible for overall business planning and strategy and was instrumental in growing the revenue, profits and business value of the company. He has also worked in senior leadership position with organizations like 3H Technology in Vienna, VA, with Equant in Herndon, VA, etc. Overall Mr. Pathuri has more than 25 years of experience as an operational leader, covering business management, strategy, planning and direction. Mr. Pathuri holds a BE in Electrical Engineering from S.V. University, India and MS in Computer Engineering from Virginia Tech. "The closing of our share exchange agreement is a significant achievement and step forward in executing on our business strategy. Our team with decades of financial, technology and staffing experience have identified several key acquisition targets in several professional service verticals. Layering each undervalued asset onto our public company platform, we believe we will be able to leverage operational efficiencies of each asset, which will maximize growth and margin expansion of the business. We are committed to building a global staffing company through accretive acquisitions and operational efficiencies," stated Kalyan Pathuri, newly appointed President of Futuris Company. Amit Jain has a global track record for delivering extraordinary bottom line performance. His 25+ years of business experience is quite diverse in that he has held executive and senior leadership roles in the areas of finance, audit, compliance, business development, and operations across a range of technology, software, consulting and professional service, hospitality and financial industries for a variety of public and private companies. He has over two decades of experience in corporate accounting and finance, including expertise in due diligences and acquisitions, conducting Forensic reviews, corporate strategy formation and execution, organizational and process optimization, and all phases of audit. Mr. Jain holds a Chartered Accountancy masters degree from Institute of Chartered Accountants of India, has a masters degree in Business Management from Indian Institute of Management, Calcutta, and is also is a Certified Fraud and Forensic Accountant. Prior to joining Mission Mining Company, Mr. Jain was the Group CFO for DoIT Smart Hospitality handling four companies of the group. He has also worked in leadership position with organizations like Vodafone, CPA Global, Timex Watches and has also worked with two of the Big 4 Consulting firms namely Price Waterhouse Coopers and KPMG. "We are very pleased to welcome such respected industry experts to the Mission Mining Company. Their wealth of knowledge and insights will galvanize our continued ambitions to expand our brand and next phase of growth as the Futuris Company," said Naveen Doki, Board Chairman of Mission Mining Company. "Their respective contributions will bring even more innovation to our business and we look forward to bringing them into our family." About Futuris CompanyFuturis, Human Capital Management company is focused on the acquisition and operation of executive search, staffing and consulting companies that specialize in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The Company is committed to building a global staffing company through highly targeted and accretive acquisitions and operational efficiencies. For more information please visit http://futuris.company/. About Mission Mining CompanyAt Mission Mining Company, Human Capital Management (HCM) and Staffing services is the heart of our business and many Fortune 500 Organizations trusted our subsidiaries providing such services for decades to manage their human capital in order to reduce their onboarding and off-boarding time, labor costs and risk collectively. Unlike the co employer model of PEO, HCM, in essence, provides a complete suite of Professional Services, outsourced Payroll, Benefits, HR and Compliance functions such as background checks, payroll management and benefits administration, and off-site quality management testing. Forward-Looking StatementsCertain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by Mission Mining with the Securities and Exchange Commission. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business and although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof. Investor Contact:KCSA Strategic CommunicationsValter Pinto / Allison Soss[emailprotected]PH: (212) 896-1254 SOURCE Futuris Technology Services, Inc.; Mission Mining Co Related Links http://futuris.company/
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edtsum4878
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)-- Penarth Master Issuer PLC GBP 500,000,000.00 Class D Asset Backed Floating Rate Notes Due 10/2023 ISSUE NAME. Our Ref. MI6459 ISIN Code. XS1117710142 TOTAL INTEREST AMT. CURRENCY CODE. GBP DAY BASIS. ACTUAL/365 FIXED (A005) NUM OF DAYS. 31 INTEREST RATE. 1.526 PCT VALUE DATE. 18/02/2021 INTEREST PERIOD. 18/01/2021 TO 18/02/2021 GBP 648,027.4 POOL FACTOR. N/A
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FRN Variable Rate Fix
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LONDON--(BUSINESS WIRE)-- Penarth Master Issuer PLC GBP 500,000,000.00 Class D Asset Backed Floating Rate Notes Due 10/2023 ISSUE NAME. Our Ref. MI6459 ISIN Code. XS1117710142 TOTAL INTEREST AMT. CURRENCY CODE. GBP DAY BASIS. ACTUAL/365 FIXED (A005) NUM OF DAYS. 31 INTEREST RATE. 1.526 PCT VALUE DATE. 18/02/2021 INTEREST PERIOD. 18/01/2021 TO 18/02/2021 GBP 648,027.4 POOL FACTOR. N/A
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edtsum4879
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)--Cutover, the first enterprise-wide work orchestration and observability platform that enables seamless human and machine collaboration, today announced the final close of its $35 million Series B financing round, led by Eldridge and joined by investors Index Ventures, Sussex Place Ventures and Contour Ventures following on. The close brings together investment from Partnership Fund for New York City and Outrun Ventures, together with investors Cris Conde, Gokul Rajaram and Andy Brown. Having broken the news of its Series B initial funding earlier in March, the close of Cutovers investment round will allow the organization to ramp up product, engineering and customer service capabilities as the companys clients continue to rely on Cutover to automate and orchestrate critical, timebound work across the enterprise, delivering complex releases, operational resilience and attaining constant availability of applications. The investment allows Cutover to double its capacity in engineering and product, building an evolving platform best suited to the rapid pace of change in todays industry. Focus areas include incident response and operational risk, providing increasing open API connectivity to allow customers to easily incorporate Cutover into wider workflows and enhancing its integrations. The pressure on business leaders to deliver more change at a faster pace, and with more resiliency, is not new. Now, Cutover customers have a vehicle to accelerate the potential of human and machine collaboration to respond to that pressure, enabling them to plan and orchestrate complex work across the enterprise in an observable way. says Ky Nichol, Cutover CEO. As we see digital transformation and the drive to move work from analogue to digital rising up the C-Level agenda, we are excited to support our customers in rising to these challenges and distinguish them from the competition. Cutover is proud to provide the worlds first platform capable of end-to-end, observable work orchestration and this Series B financing will allow us to drive our capabilities to the next level, all the while allowing customers to generate efficiency, visibility and control with confidence. Were looking forward to expanding into new verticals, enhancing our product capabilities, increasing our customer service capabilities and providing the vehicle for the future of work. Since graduating from our FinTech Innovation Lab in 2018, Cutover has successfully expanded its customer and funding base, a clear sign of how it helps organizations implement critical digital transformation and tech strategies, said Maria Gotsch, President and CEO of the Partnership Fund for New York City. Were excited Cutover has chosen to expand its footprint in New York City, becoming the latest in a series of fintech companies to set roots and grow here. The fintech community continues to flourish in New York and will play a key role as the city recovers from COVID-19. The close of this financing round is an important milestone in accelerating the companys commitment to customers and ability to provide the springboard for managing complex work confidently and at pace. The organizations growth trajectory and innovation potential would not have been possible without the support from Cutovers expert investors: Michele Trogni, Eldridge, Carlos Gonzales Cadenas, Index Ventures, Barnaby Terry, Sussex Place Ventures, Matt Gorin, Contour Ventures, Chris Adelsbach, Outrun Ventures, Cris Conde, Gokul Rajaram, and Andy Brown. About Cutover Cutover is the leader in Work Orchestration and Observability, enabling teams to plan, orchestrate, and analyze complex work faster, smarter, and with greater visibility. The Cutover platform, developed with decades of experience in managing operational resilience, technology delivery and release, transformation, and business change initiatives, enables organizations to move quickly with confidence. Trusted by leading global firms and institutions including Accenture, Barclays, and Deloitte, we are on a mission to enable greater business outcomes by orchestrating humans and machine automation in a new model of working. About the Partnership Fund for New York City The Partnership Fund for New York City is the $175 million investment arm of the Partnership for New York City, New Yorks leading business organization. The Funds mission is to engage the Citys business leaders to identify and support promising entrepreneursin both the for-profit and nonprofit sectorsto create jobs, spur new business and expand opportunities for New Yorkers to participate in the Citys economy. As an evergreen fund, realized gains are continuously reinvested. The Partnership Fund Board is led by Co-Chairmen, Tarek Sherif and Sanjay Swani. Maria Gotsch, President and CEO, leads the team.
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Cutover Closes Final Wave of $35m Series B Financing With Partnership Fund for New York City and Outrun Ventures Completing the Investment Round Partnership Fund for New York City, Outrun Ventures, Cris Conde, Gokul Rajaram, and Andy Brown join Cutovers Series B financing as the company responds to growing demand for enterprise-wide orchestration
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LONDON--(BUSINESS WIRE)--Cutover, the first enterprise-wide work orchestration and observability platform that enables seamless human and machine collaboration, today announced the final close of its $35 million Series B financing round, led by Eldridge and joined by investors Index Ventures, Sussex Place Ventures and Contour Ventures following on. The close brings together investment from Partnership Fund for New York City and Outrun Ventures, together with investors Cris Conde, Gokul Rajaram and Andy Brown. Having broken the news of its Series B initial funding earlier in March, the close of Cutovers investment round will allow the organization to ramp up product, engineering and customer service capabilities as the companys clients continue to rely on Cutover to automate and orchestrate critical, timebound work across the enterprise, delivering complex releases, operational resilience and attaining constant availability of applications. The investment allows Cutover to double its capacity in engineering and product, building an evolving platform best suited to the rapid pace of change in todays industry. Focus areas include incident response and operational risk, providing increasing open API connectivity to allow customers to easily incorporate Cutover into wider workflows and enhancing its integrations. The pressure on business leaders to deliver more change at a faster pace, and with more resiliency, is not new. Now, Cutover customers have a vehicle to accelerate the potential of human and machine collaboration to respond to that pressure, enabling them to plan and orchestrate complex work across the enterprise in an observable way. says Ky Nichol, Cutover CEO. As we see digital transformation and the drive to move work from analogue to digital rising up the C-Level agenda, we are excited to support our customers in rising to these challenges and distinguish them from the competition. Cutover is proud to provide the worlds first platform capable of end-to-end, observable work orchestration and this Series B financing will allow us to drive our capabilities to the next level, all the while allowing customers to generate efficiency, visibility and control with confidence. Were looking forward to expanding into new verticals, enhancing our product capabilities, increasing our customer service capabilities and providing the vehicle for the future of work. Since graduating from our FinTech Innovation Lab in 2018, Cutover has successfully expanded its customer and funding base, a clear sign of how it helps organizations implement critical digital transformation and tech strategies, said Maria Gotsch, President and CEO of the Partnership Fund for New York City. Were excited Cutover has chosen to expand its footprint in New York City, becoming the latest in a series of fintech companies to set roots and grow here. The fintech community continues to flourish in New York and will play a key role as the city recovers from COVID-19. The close of this financing round is an important milestone in accelerating the companys commitment to customers and ability to provide the springboard for managing complex work confidently and at pace. The organizations growth trajectory and innovation potential would not have been possible without the support from Cutovers expert investors: Michele Trogni, Eldridge, Carlos Gonzales Cadenas, Index Ventures, Barnaby Terry, Sussex Place Ventures, Matt Gorin, Contour Ventures, Chris Adelsbach, Outrun Ventures, Cris Conde, Gokul Rajaram, and Andy Brown. About Cutover Cutover is the leader in Work Orchestration and Observability, enabling teams to plan, orchestrate, and analyze complex work faster, smarter, and with greater visibility. The Cutover platform, developed with decades of experience in managing operational resilience, technology delivery and release, transformation, and business change initiatives, enables organizations to move quickly with confidence. Trusted by leading global firms and institutions including Accenture, Barclays, and Deloitte, we are on a mission to enable greater business outcomes by orchestrating humans and machine automation in a new model of working. About the Partnership Fund for New York City The Partnership Fund for New York City is the $175 million investment arm of the Partnership for New York City, New Yorks leading business organization. The Funds mission is to engage the Citys business leaders to identify and support promising entrepreneursin both the for-profit and nonprofit sectorsto create jobs, spur new business and expand opportunities for New Yorkers to participate in the Citys economy. As an evergreen fund, realized gains are continuously reinvested. The Partnership Fund Board is led by Co-Chairmen, Tarek Sherif and Sanjay Swani. Maria Gotsch, President and CEO, leads the team.
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edtsum4890
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: PUNE, India, Jan. 21, 2021 /PRNewswire/ -- Panchshil Office Parksa unit of Pune-based Panchshil Realty today announced that it has won 3 prestigious Swords of Honour from the British Safety Council for 3 of its marquee office campuses in Pune. Panchshil's Eon Free Zone-1, Business Bay and Tech Park One are 3 of the only 66 sites worldwide that achieved a Sword of Honour 2020, which is awarded to companies which have demonstrated excellence in the management of health and safety risks at work. Eon Free Zone-1, Business Bay, Tech Park One Campuses Conferred with the Highest Health Safety Accolade by British Safety Council For Eon Free Zone-1, this is the second consecutive year that the campus has been awarded a Sword of Honour. In order to compete for the Sword of Honour, an organisation first had to achieve the maximum five stars in the British Safety Council's health and safety management audit. It also had to demonstrate to an independent panel of experts that it has achieved excellence in health and safety management throughout the business from the shop floor to the boardroom.Vijitsingh Thopte, Vice-President-Facility Management, Panchshil Realty ,said: "I am delighted that our steadfast focus on the safety and well-being of our occupiers, associates and team members over the years been independently reviewed, validated and recognised with 3 Swords of Honour. Long considered the 'Oscars' of safety, these 3 awards by the British Safety Council are a recognition of our exemplary standards in the management of health and safety risks." Lawrence Waterman, Chairman of the British Safety Council, said: "On behalf of the board of trustees and staff of the British Safety Council I would like to congratulate Panchshil on achieving the topmost standards of health, safety and environmental management.Accomplishing such distinction takes real commitment and professionalism. We are delighted to have supported you in your achievements in what has been an unprecedented year given the COVID pandemic."Mike Robinson, Chief Executive of the British Safety Council, added: "I would like to congratulate Panchshil for their steadfast dedication to keeping their workplace safe and healthy and/or minimising risks to the environment from their organisations' day-to-day activities. This year presented an additional and significant challenge in the form of COVID-19 and I pay tribute to Panchshil for its hard work and commitment through these challenging circumstances.""All of the Sword and Globe winning organisations share a commitment and resolve to achieve the uppermost standards of health, and safety. We are delighted that they are partners in helping achieve our vision that no-one should be injured or made ill through their work," he added. The Journey With a view to nullify occupational hazards and reduce risk to stakeholders and visitors associated with each campus, all sites underwent a detailed review and robust evaluation of over sixty elements encompassing occupational health, safety, well-being policies, processes and practices. Continuous internal audits, toolbox talks, specialized trainings and safety walks for various teams involved with the operations and maintenance of the campus are among the slew of other measures undertaken. Periodic Preventive Maintenance processes have been enhanced with the introduction of effective control mechanisms and use of technology such as auto sensors for monitoring all overhead and underground water tanks, temperature and humidity controls of air conditioning units, temperature monitoring of electrical panels using infrared cameras, vibration & noise controls for applicable equipment, observation of key plant process activities using CCTV and the like. Additional special measures that have been put in place include installation of adequate signage highlighting Do's & Don'ts, safety guidelines, environmental management and well-being graphics in common areas and parking levels and these have helped enhance awareness and create a safer work environment.British Safety Council The 2020 awards mark the 41st consecutive year in which the British Safety Council has awarded the Sword of Honour for health and safety management excellence.Since its foundation in 1957, the British Safety Council has campaigned tirelessly to protect workers from accidents, hazards and unsafe conditions, and played a decisive role in the process that has led to the adoption of landmark health and safety legislation. Its members in more than 60 countries are committed to protecting and improving the wellbeing of workers, believing that a healthy and safe work environment is also good for business.Panchshil's Sword of Honour Awardee CampusesLocated in Pune's eastern corridor of Kharadi, the 4.5 million square feet EON Free Zone-1 is the fulcrum of the bustling IT district and is itself home to many global and Indian corporate giants operating in the IT and ITeS space. Strategically located near the Poona Golf Course on Airport Road, Business Bay is a 1.8 million square feet modern workspace development designed for leading corporate houses, software majors and IT enabled service companies. Located in Yerwada, Tech Park One is a unique IT Park equipped with high-tech support services and exclusive amenities. Spread across 1 million square feet, Tech Park One is the preferred destination for multinational and Fortune 500 companies.Panchshil Office ParksPanchshil Realty's office portfolio in Pune comprises over 17.5 million square feet of landmark projects like EON Free Zone, Business Bay, Tech Park One, World Trade Centre, and the International Convention Centre. Its campuses are home to leading global corporations like Allianz, Citibank, Cognizant, Concentrix, Credit Suisse, Deutsche Bank, HSBC, MasterCard, Michelin, UBS and Vodafone among many others. Panchshil's Businesses Key Highlights Panchshil Realty's total completed real estate portfolio is around 23 million square feet with another 20 million square feet under development. Panchshil Realty's three main business verticals comprise commercial office spaces, hospitality and residential. A significant chunk of Panchshil Realty's office portfolio is anchored by Blackstone Real Estate Private Equity Fund, sponsored and managed by Blackstone Group LP. About Panchshil RealtyEstablished in 2002, Panchshil Realty is one of India's finest luxury real estate brands. Renowned for leadership and excellence in real estate development, the Group's approach is focused on planned development, creating value assets, and crafting lifestyle experiences through design and architecture. For more information, please visit www.panchshil.com SOURCE Panchshil Realty
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Panchshil Office Parks Honoured with 3 Safety 'Oscars' USA - English USA - English USA - English USA - English France - Franais - Eon Free Zone-1, Business Bay & Tech Park One Campuses Conferred the Highest Health & Safety Accolade by British Safety Council
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PUNE, India, Jan. 21, 2021 /PRNewswire/ -- Panchshil Office Parksa unit of Pune-based Panchshil Realty today announced that it has won 3 prestigious Swords of Honour from the British Safety Council for 3 of its marquee office campuses in Pune. Panchshil's Eon Free Zone-1, Business Bay and Tech Park One are 3 of the only 66 sites worldwide that achieved a Sword of Honour 2020, which is awarded to companies which have demonstrated excellence in the management of health and safety risks at work. Eon Free Zone-1, Business Bay, Tech Park One Campuses Conferred with the Highest Health Safety Accolade by British Safety Council For Eon Free Zone-1, this is the second consecutive year that the campus has been awarded a Sword of Honour. In order to compete for the Sword of Honour, an organisation first had to achieve the maximum five stars in the British Safety Council's health and safety management audit. It also had to demonstrate to an independent panel of experts that it has achieved excellence in health and safety management throughout the business from the shop floor to the boardroom.Vijitsingh Thopte, Vice-President-Facility Management, Panchshil Realty ,said: "I am delighted that our steadfast focus on the safety and well-being of our occupiers, associates and team members over the years been independently reviewed, validated and recognised with 3 Swords of Honour. Long considered the 'Oscars' of safety, these 3 awards by the British Safety Council are a recognition of our exemplary standards in the management of health and safety risks." Lawrence Waterman, Chairman of the British Safety Council, said: "On behalf of the board of trustees and staff of the British Safety Council I would like to congratulate Panchshil on achieving the topmost standards of health, safety and environmental management.Accomplishing such distinction takes real commitment and professionalism. We are delighted to have supported you in your achievements in what has been an unprecedented year given the COVID pandemic."Mike Robinson, Chief Executive of the British Safety Council, added: "I would like to congratulate Panchshil for their steadfast dedication to keeping their workplace safe and healthy and/or minimising risks to the environment from their organisations' day-to-day activities. This year presented an additional and significant challenge in the form of COVID-19 and I pay tribute to Panchshil for its hard work and commitment through these challenging circumstances.""All of the Sword and Globe winning organisations share a commitment and resolve to achieve the uppermost standards of health, and safety. We are delighted that they are partners in helping achieve our vision that no-one should be injured or made ill through their work," he added. The Journey With a view to nullify occupational hazards and reduce risk to stakeholders and visitors associated with each campus, all sites underwent a detailed review and robust evaluation of over sixty elements encompassing occupational health, safety, well-being policies, processes and practices. Continuous internal audits, toolbox talks, specialized trainings and safety walks for various teams involved with the operations and maintenance of the campus are among the slew of other measures undertaken. Periodic Preventive Maintenance processes have been enhanced with the introduction of effective control mechanisms and use of technology such as auto sensors for monitoring all overhead and underground water tanks, temperature and humidity controls of air conditioning units, temperature monitoring of electrical panels using infrared cameras, vibration & noise controls for applicable equipment, observation of key plant process activities using CCTV and the like. Additional special measures that have been put in place include installation of adequate signage highlighting Do's & Don'ts, safety guidelines, environmental management and well-being graphics in common areas and parking levels and these have helped enhance awareness and create a safer work environment.British Safety Council The 2020 awards mark the 41st consecutive year in which the British Safety Council has awarded the Sword of Honour for health and safety management excellence.Since its foundation in 1957, the British Safety Council has campaigned tirelessly to protect workers from accidents, hazards and unsafe conditions, and played a decisive role in the process that has led to the adoption of landmark health and safety legislation. Its members in more than 60 countries are committed to protecting and improving the wellbeing of workers, believing that a healthy and safe work environment is also good for business.Panchshil's Sword of Honour Awardee CampusesLocated in Pune's eastern corridor of Kharadi, the 4.5 million square feet EON Free Zone-1 is the fulcrum of the bustling IT district and is itself home to many global and Indian corporate giants operating in the IT and ITeS space. Strategically located near the Poona Golf Course on Airport Road, Business Bay is a 1.8 million square feet modern workspace development designed for leading corporate houses, software majors and IT enabled service companies. Located in Yerwada, Tech Park One is a unique IT Park equipped with high-tech support services and exclusive amenities. Spread across 1 million square feet, Tech Park One is the preferred destination for multinational and Fortune 500 companies.Panchshil Office ParksPanchshil Realty's office portfolio in Pune comprises over 17.5 million square feet of landmark projects like EON Free Zone, Business Bay, Tech Park One, World Trade Centre, and the International Convention Centre. Its campuses are home to leading global corporations like Allianz, Citibank, Cognizant, Concentrix, Credit Suisse, Deutsche Bank, HSBC, MasterCard, Michelin, UBS and Vodafone among many others. Panchshil's Businesses Key Highlights Panchshil Realty's total completed real estate portfolio is around 23 million square feet with another 20 million square feet under development. Panchshil Realty's three main business verticals comprise commercial office spaces, hospitality and residential. A significant chunk of Panchshil Realty's office portfolio is anchored by Blackstone Real Estate Private Equity Fund, sponsored and managed by Blackstone Group LP. About Panchshil RealtyEstablished in 2002, Panchshil Realty is one of India's finest luxury real estate brands. Renowned for leadership and excellence in real estate development, the Group's approach is focused on planned development, creating value assets, and crafting lifestyle experiences through design and architecture. For more information, please visit www.panchshil.com SOURCE Panchshil Realty
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edtsum4902
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN DIEGO, June 11, 2020 /PRNewswire/ --Latitude 33 Planning & Engineering has welcomed Rory Linehan to its civil engineering team. Joining the firm as of May 13, Mr. Linehan brings nearly two decades of experience as a naval officer and a civil engineer. As Latitude 33's newest Project Manager, his experience with military, residential, and commercial developments will be an asset for the firm. Latitude 33 serves clients in numerous sectors, including residential, educational, healthcare, commercial, civic, military, and hospitality throughout Southern California. Mr. Linehan brings a wealth of experience to his new role with Latitude 33. For the past 14 years, he has worked in the construction and engineering fields, managing projects, performing and authoring drainage studies, preparing water quality technical reports, coordinating multiple contractors and vendors, and ensuring projects were in compliance with engineering and architectural plans. Additionally, Mr. Linehan serves in the Navy Reserves. During his active duty in the US Navy, he served in multiple roles, most recently as the Officer-in-Charge for the Naval Coastal Warfare Center at NAVSTA Guantanamo Bay, Cuba. He also served as a Construction Manager and as an Engineering Division Officer. Mr. Linehan earned his Bachelor of Science in Civil Engineering from Cornell University and his Master of Science in Civil Engineering from San Diego State University. For Latitude 33, Mr. Linehan will be working on an array of projects ranging from infill mixed-use developments to life science and hospitality projects. He will be tasked with leading a team of engineers and designers to assist in growing Latitude 33's portfolio of projects and technical capabilities. Matthew J. Semic, PE, Principal with Latitude 33, says, "We're excited to find an individual with so many well-developed strengths. Rory's military background, impressive education, and engineering experience make him a really well-rounded addition to our team. We look forward to putting his knowledge to work and growing him into one of our great team leaders." About Latitude 33 Founded in 1993, Latitude 33 Planning & Engineering offers a comprehensive, interdisciplinary approach to design. The firm provides public sector planning, land use planning, surveying, public outreach, entitlement services and civil engineering design to public agencies, developers and property owners. The firm specializes in residential, education, healthcare, military, commercial/retail, civic and hospitality projects. For more information, visit latitude33.com. Media Contact: Beth BingerBCIpr619-987-6658[emailprotected] SOURCE Latitude 33 Planning & Engineering Related Links http://latitude33.com
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Latitude 33 Welcomes Rory Linehan Naval Officer Joins Latitude 33 as Project Manager
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SAN DIEGO, June 11, 2020 /PRNewswire/ --Latitude 33 Planning & Engineering has welcomed Rory Linehan to its civil engineering team. Joining the firm as of May 13, Mr. Linehan brings nearly two decades of experience as a naval officer and a civil engineer. As Latitude 33's newest Project Manager, his experience with military, residential, and commercial developments will be an asset for the firm. Latitude 33 serves clients in numerous sectors, including residential, educational, healthcare, commercial, civic, military, and hospitality throughout Southern California. Mr. Linehan brings a wealth of experience to his new role with Latitude 33. For the past 14 years, he has worked in the construction and engineering fields, managing projects, performing and authoring drainage studies, preparing water quality technical reports, coordinating multiple contractors and vendors, and ensuring projects were in compliance with engineering and architectural plans. Additionally, Mr. Linehan serves in the Navy Reserves. During his active duty in the US Navy, he served in multiple roles, most recently as the Officer-in-Charge for the Naval Coastal Warfare Center at NAVSTA Guantanamo Bay, Cuba. He also served as a Construction Manager and as an Engineering Division Officer. Mr. Linehan earned his Bachelor of Science in Civil Engineering from Cornell University and his Master of Science in Civil Engineering from San Diego State University. For Latitude 33, Mr. Linehan will be working on an array of projects ranging from infill mixed-use developments to life science and hospitality projects. He will be tasked with leading a team of engineers and designers to assist in growing Latitude 33's portfolio of projects and technical capabilities. Matthew J. Semic, PE, Principal with Latitude 33, says, "We're excited to find an individual with so many well-developed strengths. Rory's military background, impressive education, and engineering experience make him a really well-rounded addition to our team. We look forward to putting his knowledge to work and growing him into one of our great team leaders." About Latitude 33 Founded in 1993, Latitude 33 Planning & Engineering offers a comprehensive, interdisciplinary approach to design. The firm provides public sector planning, land use planning, surveying, public outreach, entitlement services and civil engineering design to public agencies, developers and property owners. The firm specializes in residential, education, healthcare, military, commercial/retail, civic and hospitality projects. For more information, visit latitude33.com. Media Contact: Beth BingerBCIpr619-987-6658[emailprotected] SOURCE Latitude 33 Planning & Engineering Related Links http://latitude33.com
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edtsum4905
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: TEL AVIV, Israel, Jan. 19, 2021 /PRNewswire/ -- Vesttoohas published its US COVID-19 era mortality model and excess mortality risk forecast for the upcoming years. The model, based on historical population and death counts from the past 80 years, showed an increase of between 10-20% in mortality rates in 2020 in comparison with the average historical rates, with the risk of elevated mortality to continue in the upcoming years. Continue Reading Male mortality levels were 10-20% higher in 2020 than 2019 models predicted (female forecasts are similar) (PRNewsfoto/Vesttoo) Mortality forecasts predict elevated mortality risk in the upcoming years (female forecasts are similar) (PRNewsfoto/Vesttoo) "Using proprietary AI and machine learning risk modeling algorithms, Vesttoo built two stochastic forecasts - one based on historical data until the end of 2019 (before COVID-19), and the other based on historical data until November 2020, with the 2019 model assigning a probability of 0.5% for the outcomes of 2020," said Ben Zickel, Chief Technology Officer of Vesttoo. The increase in mortality levels are clearly seen below when comparing the 2019 model and the November 2020 model, as well as the impact of COVID-19 on future mortality forecasts, including the current January 2021 third wave of mortality, which as the November 2020 model predicts has high probability to be worse than the previous waves. "Our data clearly demonstrates the extent of COVID-19's devastating effects on mortality, and the likelihood that this trend will persist in the years to come. The insurance industry as a whole has to brace for the years to come by adjusting risk models and capital strategy to combat COVID-19 era stress," said Yaniv Bertele, CEO of Vesttoo.In order to help insurers combat COVID-19 era stress, Vesttoo structures portfolio-specific mortality hedge programs for cedents, along with a broad Industry Loss Warranty (ILW) program, using the forecasts above as the underlying index.Vesttoospecializes in data-driven risk management solutions for the P&C and L&P markets, using cutting-edge technologies to transfer general insurance, lapse, mortality and longevity risk to the capital markets. The company provides insurers and pension funds with affordable, strategic risk transferto the capital markets, while investors benefit from uncorrelated, high-yield investments with remote loss possibilities. As a one-stop-shop solution provider, Vesttoo handles every aspect of the deal using its cutting-edge proprietary AI and machine learning stochastic algorithms, creating highly accurate risk models and forecasts. Vesttoo's advanced risk-modeling technology transforms the way securities are structured, offered, and traded, providing an accessible, flexible, scalable, and affordable streamlined alternative to traditional reinsurance. Media Contact:Liran GrunhausHead of Marketing [emailprotected]SOURCE Vesttoo Related Links https://vesttoo.com/
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Vesttoo Publishes US COVID-19 Era Mortality Model and Forecasts USA - English USA - English
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TEL AVIV, Israel, Jan. 19, 2021 /PRNewswire/ -- Vesttoohas published its US COVID-19 era mortality model and excess mortality risk forecast for the upcoming years. The model, based on historical population and death counts from the past 80 years, showed an increase of between 10-20% in mortality rates in 2020 in comparison with the average historical rates, with the risk of elevated mortality to continue in the upcoming years. Continue Reading Male mortality levels were 10-20% higher in 2020 than 2019 models predicted (female forecasts are similar) (PRNewsfoto/Vesttoo) Mortality forecasts predict elevated mortality risk in the upcoming years (female forecasts are similar) (PRNewsfoto/Vesttoo) "Using proprietary AI and machine learning risk modeling algorithms, Vesttoo built two stochastic forecasts - one based on historical data until the end of 2019 (before COVID-19), and the other based on historical data until November 2020, with the 2019 model assigning a probability of 0.5% for the outcomes of 2020," said Ben Zickel, Chief Technology Officer of Vesttoo. The increase in mortality levels are clearly seen below when comparing the 2019 model and the November 2020 model, as well as the impact of COVID-19 on future mortality forecasts, including the current January 2021 third wave of mortality, which as the November 2020 model predicts has high probability to be worse than the previous waves. "Our data clearly demonstrates the extent of COVID-19's devastating effects on mortality, and the likelihood that this trend will persist in the years to come. The insurance industry as a whole has to brace for the years to come by adjusting risk models and capital strategy to combat COVID-19 era stress," said Yaniv Bertele, CEO of Vesttoo.In order to help insurers combat COVID-19 era stress, Vesttoo structures portfolio-specific mortality hedge programs for cedents, along with a broad Industry Loss Warranty (ILW) program, using the forecasts above as the underlying index.Vesttoospecializes in data-driven risk management solutions for the P&C and L&P markets, using cutting-edge technologies to transfer general insurance, lapse, mortality and longevity risk to the capital markets. The company provides insurers and pension funds with affordable, strategic risk transferto the capital markets, while investors benefit from uncorrelated, high-yield investments with remote loss possibilities. As a one-stop-shop solution provider, Vesttoo handles every aspect of the deal using its cutting-edge proprietary AI and machine learning stochastic algorithms, creating highly accurate risk models and forecasts. Vesttoo's advanced risk-modeling technology transforms the way securities are structured, offered, and traded, providing an accessible, flexible, scalable, and affordable streamlined alternative to traditional reinsurance. Media Contact:Liran GrunhausHead of Marketing [emailprotected]SOURCE Vesttoo Related Links https://vesttoo.com/
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edtsum4915
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today that Regnery Publishing, a Salem Media Group company, has picked up Senator Josh Hawleys The Tyranny of Big Tech after its cancelation last week by Simon & Schuster. Accusing Hawley of complicity in the storming of the U.S. Capitol on January 6, the New Yorkbased publishing conglomerate made the Missouri Republican one of the highest-profile victims of the cancel culture. Regnery will publish the senators book in the summer of 2021. Despite Senator Hawleys immediate and forceful condemnation of the violent incursion, social media teemed with calls for retribution for his objection to the certification of the electoral vote. The next day, citing his purported role in what became a dangerous threat to our democracy and freedom, Simon & Schuster announced that it was dropping Hawleys book, scheduled for publication in June. Responding to the impulsive decision, Hawley stated on Twitter, Simon & Schuster is canceling my contract because I was representing my constituents, leading a debate on the Senate floor on voter integrity, which they have now decided to redefine as sedition. Regnerys president and publisher, Thomas Spence, observes that the relentless consolidation of the New York publishing housesthe Big Five will soon become the Big Four when Penguin Random House acquires Simon & Schusterhas not stiffened their editorial spine. Its discouraging to see them cower before the woke mob, as Senator Hawley correctly calls it. Regnery is proud to stand in the breach with him. And the warning in his book about censorship obviously couldnt be more urgent. Senator Hawley is an authority on the legal and constitutional implications of Big Techs growing power. While the attorney general of Missouri, he investigated how the most powerful company in the worldGoogleuses citizens private information. In The Tyranny of Big Tech, he shows how Facebook, Amazon, Google, Twitter, and other digital giants have abused their enormous market power and political influence, silencing their competition. Explaining why current policies fail us, he identifies alternatives that will break Big Techs control over our liberties. A graduate of Stanford University and Yale Law School, Josh Hawley clerked for the chief justice of the United States and served as attorney general of Missouri. In 2018 he was elected to the U.S. Senate, where he has devoted himself to fearlessly protecting workers and families. ABOUT REGNERY PUBLISHING: Regnery Publishing, a Salem Media Group company, was founded in 1947 and is Americas leading publisher of conservative books. In its nearly seventy-five-year history, it has published many of the seminal works of the conservative movement, including Russell Kirks The Conservative Mind and William F. Buckley Jr.s God and Man at Yale. In recent years, its bestselling authors have included Ann Coulter, Michelle Malkin, David Limbaugh, Senator Ted Cruz, Mark Steyn, Newt Gingrich, Edward Klein, and Dinesh DSouza. ABOUT SALEM MEDIA GROUP: Salem Media Group is Americas leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.
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Josh Hawley Signs with Regnery after Simon & Schuster Cancels Book
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CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today that Regnery Publishing, a Salem Media Group company, has picked up Senator Josh Hawleys The Tyranny of Big Tech after its cancelation last week by Simon & Schuster. Accusing Hawley of complicity in the storming of the U.S. Capitol on January 6, the New Yorkbased publishing conglomerate made the Missouri Republican one of the highest-profile victims of the cancel culture. Regnery will publish the senators book in the summer of 2021. Despite Senator Hawleys immediate and forceful condemnation of the violent incursion, social media teemed with calls for retribution for his objection to the certification of the electoral vote. The next day, citing his purported role in what became a dangerous threat to our democracy and freedom, Simon & Schuster announced that it was dropping Hawleys book, scheduled for publication in June. Responding to the impulsive decision, Hawley stated on Twitter, Simon & Schuster is canceling my contract because I was representing my constituents, leading a debate on the Senate floor on voter integrity, which they have now decided to redefine as sedition. Regnerys president and publisher, Thomas Spence, observes that the relentless consolidation of the New York publishing housesthe Big Five will soon become the Big Four when Penguin Random House acquires Simon & Schusterhas not stiffened their editorial spine. Its discouraging to see them cower before the woke mob, as Senator Hawley correctly calls it. Regnery is proud to stand in the breach with him. And the warning in his book about censorship obviously couldnt be more urgent. Senator Hawley is an authority on the legal and constitutional implications of Big Techs growing power. While the attorney general of Missouri, he investigated how the most powerful company in the worldGoogleuses citizens private information. In The Tyranny of Big Tech, he shows how Facebook, Amazon, Google, Twitter, and other digital giants have abused their enormous market power and political influence, silencing their competition. Explaining why current policies fail us, he identifies alternatives that will break Big Techs control over our liberties. A graduate of Stanford University and Yale Law School, Josh Hawley clerked for the chief justice of the United States and served as attorney general of Missouri. In 2018 he was elected to the U.S. Senate, where he has devoted himself to fearlessly protecting workers and families. ABOUT REGNERY PUBLISHING: Regnery Publishing, a Salem Media Group company, was founded in 1947 and is Americas leading publisher of conservative books. In its nearly seventy-five-year history, it has published many of the seminal works of the conservative movement, including Russell Kirks The Conservative Mind and William F. Buckley Jr.s God and Man at Yale. In recent years, its bestselling authors have included Ann Coulter, Michelle Malkin, David Limbaugh, Senator Ted Cruz, Mark Steyn, Newt Gingrich, Edward Klein, and Dinesh DSouza. ABOUT SALEM MEDIA GROUP: Salem Media Group is Americas leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.
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edtsum4920
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: LONDON--(BUSINESS WIRE)-- Ap27 FORM 38.5(b) IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY 1. KEY INFORMATION 24 December 2020 2. INTERESTS AND SHORT POSITIONS (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2) (1) 320 0.00% 5,635 0.01% (2) 0 0.00% 0 0.00% (3) 0 0.00% 0 0.00% 320 0.00% 5,635 0.01% (b) Interests and short positions in relevant securities of the company, otherthan the class dealt in (Note 2) Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total Ap28 3. DEALINGS (Note 3) (a) Purchases and sales Number of Price per unit securities 18 5.2300 USD 18 5.2300 USD (b) Derivatives transactions (other than options transactions) Product name, e.g. CFD Nature of transaction (Note 5) Number of relevant securities (Note 6) Price per unit (Note 4) (c) Options transactions in respect of existing relevant securities (i) Writing, selling, purchasingor varying Product name, e.g. call option Writing, selling, purchasing, varying etc. Number of securities to which the option relates (Note 7) Exercise price Type, e.g. American, European etc. Expiry date Option money paid/received per unit (Note 4) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 4) (d) Other dealings (including transactions in respect of new securities) (Note 3) Nature of transaction (Note 7) Details Price per unit (if applicable) (Note 4) Ap29 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. None 29 Dec 2020 Large Holdings Regulatory Operations 020 3134 7213
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Form 38.5(b) - OSMOTICA PHARMACEUTICALS PLC
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LONDON--(BUSINESS WIRE)-- Ap27 FORM 38.5(b) IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY 1. KEY INFORMATION 24 December 2020 2. INTERESTS AND SHORT POSITIONS (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2) (1) 320 0.00% 5,635 0.01% (2) 0 0.00% 0 0.00% (3) 0 0.00% 0 0.00% 320 0.00% 5,635 0.01% (b) Interests and short positions in relevant securities of the company, otherthan the class dealt in (Note 2) Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total Ap28 3. DEALINGS (Note 3) (a) Purchases and sales Number of Price per unit securities 18 5.2300 USD 18 5.2300 USD (b) Derivatives transactions (other than options transactions) Product name, e.g. CFD Nature of transaction (Note 5) Number of relevant securities (Note 6) Price per unit (Note 4) (c) Options transactions in respect of existing relevant securities (i) Writing, selling, purchasingor varying Product name, e.g. call option Writing, selling, purchasing, varying etc. Number of securities to which the option relates (Note 7) Exercise price Type, e.g. American, European etc. Expiry date Option money paid/received per unit (Note 4) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 4) (d) Other dealings (including transactions in respect of new securities) (Note 3) Nature of transaction (Note 7) Details Price per unit (if applicable) (Note 4) Ap29 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. None 29 Dec 2020 Large Holdings Regulatory Operations 020 3134 7213
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edtsum4930
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: AMSTERDAM, Oct. 6, 2020 /PRNewswire/ --Adyen (AMS: ADYEN), the global payments platform of choice for many of the world's leading companies, announced today that it has been selected by Foot Locker, Inc., the New York-based specialty athletic retailer, to power payments in various markets and sales channels globally. Foot Locker and Adyen have been working together since 2018. "Adyen's single platform and global reach allow Foot Locker to provide an exemplary payment experience that's tailored to the needs of our customers in various markets across North America, Europe, and APAC," said John Wompey, VP of Customer Connectivity at Foot Locker. "Adyen's ability to accelerate and simplify the implementation process has been critical to our continued success in these markets." "As always, we aim to give our merchants the ability to give their customers the best experience and we are thrilled to continue to grow the relationship with Foot Locker and help them do so," said Kamran Zaki, COO at Adyen. "Foot Locker is in a unique position to bring the best of athletic footwear and appeal to more customers globally and we are proud to partner with them." For more information, visit www.adyen.com. About AdyenAdyen(AMS: ADYEN) is the payments platform of choice for many of the world's leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L'Oral. The cooperation with Foot Locker, Inc. as described in this merchant update underlines Adyen's continuous growth with current and new merchants over the years. About Foot Locker Inc.Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, Runners Point, and Sidestep. With 3,100 retail stores in 27 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, the Company's purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has its corporate headquarters in New York. For additional information please visit www.footlocker-inc.com. SOURCE Adyen Related Links http://www.adyen.com
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Foot Locker, Inc. Selects Adyen to Power In-Store and Online Payments Internationally USA - English USA - English USA - English - P - P USA - English USA - English USA - English Latin America - espaol
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AMSTERDAM, Oct. 6, 2020 /PRNewswire/ --Adyen (AMS: ADYEN), the global payments platform of choice for many of the world's leading companies, announced today that it has been selected by Foot Locker, Inc., the New York-based specialty athletic retailer, to power payments in various markets and sales channels globally. Foot Locker and Adyen have been working together since 2018. "Adyen's single platform and global reach allow Foot Locker to provide an exemplary payment experience that's tailored to the needs of our customers in various markets across North America, Europe, and APAC," said John Wompey, VP of Customer Connectivity at Foot Locker. "Adyen's ability to accelerate and simplify the implementation process has been critical to our continued success in these markets." "As always, we aim to give our merchants the ability to give their customers the best experience and we are thrilled to continue to grow the relationship with Foot Locker and help them do so," said Kamran Zaki, COO at Adyen. "Foot Locker is in a unique position to bring the best of athletic footwear and appeal to more customers globally and we are proud to partner with them." For more information, visit www.adyen.com. About AdyenAdyen(AMS: ADYEN) is the payments platform of choice for many of the world's leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L'Oral. The cooperation with Foot Locker, Inc. as described in this merchant update underlines Adyen's continuous growth with current and new merchants over the years. About Foot Locker Inc.Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, Runners Point, and Sidestep. With 3,100 retail stores in 27 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, the Company's purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has its corporate headquarters in New York. For additional information please visit www.footlocker-inc.com. SOURCE Adyen Related Links http://www.adyen.com
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edtsum4932
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: WINCHESTER, Va., Nov. 10, 2020 /PRNewswire/ --American Woodmark Corporation (NASDAQ: AMWD) will provide an online, real-time webcast of its conference call to discuss second quarter results on Tuesday, November 24, 2020. The live broadcast of American Woodmark Corporation's conference call will be available online at:http://www.americanwoodmark.comon Tuesday, November 24, beginning at 11:00 a.m. (Eastern Time). The online replay will follow immediately and continue for 30 days.A telephonic replay will be available from 2:00 p.m. (Eastern Time) November 24 through 2:00 p.m. (Eastern Time) December 1, by dialing 877-344-7529 and entering passcode 10149923. American Woodmark Corporation manufactures and distributes kitchen, bath and home organization products for the remodeling and new home construction markets. Its products are sold on a national basis directly to home centers, builders and through a network of independent dealers and distributors.The Company presently operates 17 manufacturing facilities in the United States and Mexico and 8 primary service centers and one distribution center located throughout the United States. For more information, visit www.americanwoodmark.com. SOURCE American Woodmark Corporation Related Links http://www.americanwoodmark.com
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American Woodmark Corporation Announces Second Quarter Conference Call On The Internet
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WINCHESTER, Va., Nov. 10, 2020 /PRNewswire/ --American Woodmark Corporation (NASDAQ: AMWD) will provide an online, real-time webcast of its conference call to discuss second quarter results on Tuesday, November 24, 2020. The live broadcast of American Woodmark Corporation's conference call will be available online at:http://www.americanwoodmark.comon Tuesday, November 24, beginning at 11:00 a.m. (Eastern Time). The online replay will follow immediately and continue for 30 days.A telephonic replay will be available from 2:00 p.m. (Eastern Time) November 24 through 2:00 p.m. (Eastern Time) December 1, by dialing 877-344-7529 and entering passcode 10149923. American Woodmark Corporation manufactures and distributes kitchen, bath and home organization products for the remodeling and new home construction markets. Its products are sold on a national basis directly to home centers, builders and through a network of independent dealers and distributors.The Company presently operates 17 manufacturing facilities in the United States and Mexico and 8 primary service centers and one distribution center located throughout the United States. For more information, visit www.americanwoodmark.com. SOURCE American Woodmark Corporation Related Links http://www.americanwoodmark.com
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edtsum4943
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN DIEGO, Oct. 14, 2020 /PRNewswire/ --Green Hygienics Holdings Inc. (OTCQB: GRYN) ("GHH" or the "Company"),is pleased to announce that effective August 26, 2020, the Company is registered with the U.S. Food and Drug Administration (the "FDA") pursuant to the Federal Food Drug and Cosmetic Act, as amended by the Bioterrorism Act of 2002. The registration helps the FDA with information on the origin and distribution of food and supplement products and thereby aid in the detection and quick response to actual or potential threats to the U.S. food supply. FDA Registration information also helps US FDA to notify the food establishment that may be affected by the actual or potential threat. "The achievement of FDA Registration strengthens our Company's core mission to provide product efficacy to the Pharmaceutical industry and consumers alike. The Company is well positioned to instill consumer confidence and change the landscape of the industry by bringing safe and consistent products to market.With our previously announced USDA Organic Certification and FDA Facility Registration, we are well-positioned to continue to innovate through the research our teams are involved in and drive new commercial products entirely complaint to USDA and FDA regulatory requirements,"stated Dr. Levan Darjania, Chief Scientific Officer of Green Hygienics Holdings Inc. About Green Hygienics Holdings Inc. Green Hygienic Holdings Inc. (OTCQB: GRYN) ("GHH" or the "Company"), aCaliforniabased innovative technology driven enterprise focused on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical grade bioactive cannabinoids.The GHH mission is to adhere to the highest standards of operations in consistently delivering safe and premium quality products to consumers as well as to partnering CPG and pharmaceutical companies. The Company intends to be a leader in compliances and capabilities in the hemp and cannabinoid supply marketplace. Using state of the art technologies, GHH intends to open up a whole new world of novel cannabinoids and targeted bio-delivery technologies never before explored, solving the issues of stability, pharmacokinetics, biological tissue penetration, and bioavailability. We are building a team of visionary agrotechnology, pharmaceutical and life scientists working at the intersection of nutraceutical, cosmeceutical and pharmaceutical technologies with a goal to improve the lives of billions. For more information, please visit:www.GreenHygienics.com CAUTIONARY STATEMENT CONCERNING FORWARD LOOKING STATEMENTS This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Company Contact:Green Hygienics Holdings Inc.1.855.802.0299 Toll Free[emailprotected] SOURCE Green Hygienics Holdings Inc. Related Links www.greenhygienics.com
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Green Hygienics Holdings Inc. Granted FDA Registration
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SAN DIEGO, Oct. 14, 2020 /PRNewswire/ --Green Hygienics Holdings Inc. (OTCQB: GRYN) ("GHH" or the "Company"),is pleased to announce that effective August 26, 2020, the Company is registered with the U.S. Food and Drug Administration (the "FDA") pursuant to the Federal Food Drug and Cosmetic Act, as amended by the Bioterrorism Act of 2002. The registration helps the FDA with information on the origin and distribution of food and supplement products and thereby aid in the detection and quick response to actual or potential threats to the U.S. food supply. FDA Registration information also helps US FDA to notify the food establishment that may be affected by the actual or potential threat. "The achievement of FDA Registration strengthens our Company's core mission to provide product efficacy to the Pharmaceutical industry and consumers alike. The Company is well positioned to instill consumer confidence and change the landscape of the industry by bringing safe and consistent products to market.With our previously announced USDA Organic Certification and FDA Facility Registration, we are well-positioned to continue to innovate through the research our teams are involved in and drive new commercial products entirely complaint to USDA and FDA regulatory requirements,"stated Dr. Levan Darjania, Chief Scientific Officer of Green Hygienics Holdings Inc. About Green Hygienics Holdings Inc. Green Hygienic Holdings Inc. (OTCQB: GRYN) ("GHH" or the "Company"), aCaliforniabased innovative technology driven enterprise focused on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical grade bioactive cannabinoids.The GHH mission is to adhere to the highest standards of operations in consistently delivering safe and premium quality products to consumers as well as to partnering CPG and pharmaceutical companies. The Company intends to be a leader in compliances and capabilities in the hemp and cannabinoid supply marketplace. Using state of the art technologies, GHH intends to open up a whole new world of novel cannabinoids and targeted bio-delivery technologies never before explored, solving the issues of stability, pharmacokinetics, biological tissue penetration, and bioavailability. We are building a team of visionary agrotechnology, pharmaceutical and life scientists working at the intersection of nutraceutical, cosmeceutical and pharmaceutical technologies with a goal to improve the lives of billions. For more information, please visit:www.GreenHygienics.com CAUTIONARY STATEMENT CONCERNING FORWARD LOOKING STATEMENTS This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Company Contact:Green Hygienics Holdings Inc.1.855.802.0299 Toll Free[emailprotected] SOURCE Green Hygienics Holdings Inc. Related Links www.greenhygienics.com
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edtsum4944
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics, announced today that the Company just completed the acquisition of a three-clinic physical therapy practice. USPH acquired 75% of the equity interests with the practice founder retaining 25%. The purchase price was $9.1 million. The business generates more than $4.6 million in annual revenue and has approximately 54,000 patient visits per year. Chris Reading, Chief Executive Officer, said, This announcement marks the third acquisition of the year and the second in the past few months. Our entire team is extremely excited about this newest partnership. Our new partner has done a masterful job navigating through the pandemic to new all-time highs with a great forward plan for growth. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. operates 553 outpatient physical therapy clinics in 39 states. The Company's clinics provide preventative and post-operative care for a variety of orthopedic-related disorders and sports-related injuries, treatment for neurologically-related injuries and rehabilitation of injured workers. In addition to owning and operating clinics, the Company manages 38 physical therapy facilities for unaffiliated third parties, including hospitals and physician groups. The Company also has an industrial injury prevention business which provides onsite services for clients employees including injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments. More information about U.S. Physical Therapy, Inc. is available at www.usph.com. The information included on that website is not incorporated into this press release.
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U.S. Physical Therapy Announces Acquisition
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HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics, announced today that the Company just completed the acquisition of a three-clinic physical therapy practice. USPH acquired 75% of the equity interests with the practice founder retaining 25%. The purchase price was $9.1 million. The business generates more than $4.6 million in annual revenue and has approximately 54,000 patient visits per year. Chris Reading, Chief Executive Officer, said, This announcement marks the third acquisition of the year and the second in the past few months. Our entire team is extremely excited about this newest partnership. Our new partner has done a masterful job navigating through the pandemic to new all-time highs with a great forward plan for growth. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. operates 553 outpatient physical therapy clinics in 39 states. The Company's clinics provide preventative and post-operative care for a variety of orthopedic-related disorders and sports-related injuries, treatment for neurologically-related injuries and rehabilitation of injured workers. In addition to owning and operating clinics, the Company manages 38 physical therapy facilities for unaffiliated third parties, including hospitals and physician groups. The Company also has an industrial injury prevention business which provides onsite services for clients employees including injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments. More information about U.S. Physical Therapy, Inc. is available at www.usph.com. The information included on that website is not incorporated into this press release.
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edtsum4947
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: FORT WORTH, Texas, April 9, 2021 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), a global provider of metalcoating services, welding solutions, specialty electrical equipment and highly engineered services, will conduct a conference call to review the financial results for the fourth quarter and fiscal year 2021 at 11:00 a.m. ET on Friday, April 23, 2021. The Company will issue a press release reporting fourth quarter and fiscal year 2021 financial results before the market open on April 23,2021. Conference Call Details Interested parties can access the conference call by dialing (844) 855-9499 or (412) 317-5497 (international). A webcast of the call will be available on the Company's Investor Relations page at http://www.azz.com/investor-relations. A replay of the call will be available for three days at (877) 344-7529 or (412) 317-0088 (international), confirmation #10153959, or for 30 days at http://www.azz.com/investor-relations. About AZZ Inc. AZZ Inc. is a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution and industrial markets. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry. AZZ Infrastructure Solutions is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide. Safe Harbor Statement Certain statements herein about our expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward- looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. Certain factors could affect the outcome of the matters described herein. This press release may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand for our products and services, including demand by the power generation markets, electrical transmission and distribution markets, the industrial markets, and the metal coatings markets. In addition, within each of the markets we serve, our customers and our operations could potentially be adversely impacted by the ongoing COVID-19 pandemic. We could also experience fluctuations in prices and raw material cost, including zinc and natural gas which are used in the hot dip galvanizing process; supply-chain vendor delays; customer requested delays of our products or services; delays in additional acquisition opportunities; currency exchange rates; adequacy of financing; availability of experienced management and employees to implement AZZ's growth strategy; a downturn in market conditions in any industry relating to the products we inventory or sell or the services that we provide; economic volatility or changes in the political stability in the United States and other foreign markets in which we operate; acts of war or terrorism inside the United States or abroad; and other changes in economic and financial conditions. AZZ has provided additional information regarding risks associated with the business in AZZ's Annual Report on Form 10-K for the fiscal year ended February 29, 2020 and other filings with the Securities and Exchange Commission ("SEC"), available for viewing on AZZ's website atwww.azz.comand on the SEC's website atwww.sec.gov.You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contact:David Nark, Senior Vice President of Marketing and CommunicationsAZZ Inc.(817) 810-0095www.azz.com Investor Contact:Joe Dorame, Managing Partner Lytham Partners(602) 889-9700www.lythampartners.com SOURCE AZZ Inc. Related Links http://www.azz.com
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AZZ Inc. to Review Fourth Quarter and Fiscal Year 2021 Financial Results on Friday, April 23, 2021
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FORT WORTH, Texas, April 9, 2021 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), a global provider of metalcoating services, welding solutions, specialty electrical equipment and highly engineered services, will conduct a conference call to review the financial results for the fourth quarter and fiscal year 2021 at 11:00 a.m. ET on Friday, April 23, 2021. The Company will issue a press release reporting fourth quarter and fiscal year 2021 financial results before the market open on April 23,2021. Conference Call Details Interested parties can access the conference call by dialing (844) 855-9499 or (412) 317-5497 (international). A webcast of the call will be available on the Company's Investor Relations page at http://www.azz.com/investor-relations. A replay of the call will be available for three days at (877) 344-7529 or (412) 317-0088 (international), confirmation #10153959, or for 30 days at http://www.azz.com/investor-relations. About AZZ Inc. AZZ Inc. is a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution and industrial markets. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry. AZZ Infrastructure Solutions is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide. Safe Harbor Statement Certain statements herein about our expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward- looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. Certain factors could affect the outcome of the matters described herein. This press release may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand for our products and services, including demand by the power generation markets, electrical transmission and distribution markets, the industrial markets, and the metal coatings markets. In addition, within each of the markets we serve, our customers and our operations could potentially be adversely impacted by the ongoing COVID-19 pandemic. We could also experience fluctuations in prices and raw material cost, including zinc and natural gas which are used in the hot dip galvanizing process; supply-chain vendor delays; customer requested delays of our products or services; delays in additional acquisition opportunities; currency exchange rates; adequacy of financing; availability of experienced management and employees to implement AZZ's growth strategy; a downturn in market conditions in any industry relating to the products we inventory or sell or the services that we provide; economic volatility or changes in the political stability in the United States and other foreign markets in which we operate; acts of war or terrorism inside the United States or abroad; and other changes in economic and financial conditions. AZZ has provided additional information regarding risks associated with the business in AZZ's Annual Report on Form 10-K for the fiscal year ended February 29, 2020 and other filings with the Securities and Exchange Commission ("SEC"), available for viewing on AZZ's website atwww.azz.comand on the SEC's website atwww.sec.gov.You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contact:David Nark, Senior Vice President of Marketing and CommunicationsAZZ Inc.(817) 810-0095www.azz.com Investor Contact:Joe Dorame, Managing Partner Lytham Partners(602) 889-9700www.lythampartners.com SOURCE AZZ Inc. Related Links http://www.azz.com
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edtsum4949
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: DALLAS, Oct. 30, 2020 /PRNewswire/ --PAO Group, Inc. (USOTC: PAOG) and Puration, Inc. (USOTC: PURA)today released an update on the process underway for PAOG to issue PAOG shares to PURA shareholders in a dividend distribution. PAOG acquired a cannabis cultivation operation from PURA earlier this year in a transaction that includes issuing PAOG shares to PURA shareholders.The target distribution ratio calls for PURA shareholders receiving one share of PAOG for every one share of PURA owned. PAOG has executed two acquisitions in recent months and managed to ramp up and organize acquired cannabis pharmaceutical research assets as necessary to execute a contract prerequisite to developing its acquired cannabis pharmaceutical research assets into an FDA approved drug.PAOG admits the dividend distribution process has lagged behind the acquisition and pharmaceutical development contract efforts.Last week, after completing the pharmaceutical development contract, PAOG management and PURA management committed to rapidly completing the dividend issuance. Since initiating the joint rapid dividend completion effort, PAOG has filed to redomicile the company to Wyoming and increase the authorized number of shares in order to have the necessary inventory to execute the dividend distribution. PAOG has also engaged the services of the company's transfer agent to manage the dividend distribution of PAOG stock to PURA shareholders.Once the move to Wyoming is complete, PAOG will file with the necessary financial regulatory authority to finalize the dividend details.PAOG anticipates a definitive dividend distribution announcement will be forthcoming within the next two weeks. PAOG is excited to make PURA shareholders also PAOG shareholders. The developing PAOG and PURA partnership includes PAOG participating in PURA's new hemp lifestyle brand strategy, called Farmersville Brands and headquartered on a 72-acre property currently under contract for acquisition by PURA. In conjunction with PAOG's newly acquired cultivation business, PAOG plans to build a pharmaceutical grade, indoor hemp cultivation operation and lab on PURA's Farmersville property. Look for more information coming soon from both PURA and PAOG. For more information on PAO Group, visit www.paogroupinc.com. For more information on Puration, visitwww.purationinc.com. Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease. Contact: Puration, Inc.Brian Shibley[emailprotected]+1-(800)-861-1350 PAO Group, Inc.Jim DiPrima+1-888-272-6472[emailprotected] SOURCE PAO Group, Inc. Related Links https://www.paogroupinc.com
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PAOG To Welcome PURA Shareholders As New PAOG Shareholders Through Dividend Distribution
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DALLAS, Oct. 30, 2020 /PRNewswire/ --PAO Group, Inc. (USOTC: PAOG) and Puration, Inc. (USOTC: PURA)today released an update on the process underway for PAOG to issue PAOG shares to PURA shareholders in a dividend distribution. PAOG acquired a cannabis cultivation operation from PURA earlier this year in a transaction that includes issuing PAOG shares to PURA shareholders.The target distribution ratio calls for PURA shareholders receiving one share of PAOG for every one share of PURA owned. PAOG has executed two acquisitions in recent months and managed to ramp up and organize acquired cannabis pharmaceutical research assets as necessary to execute a contract prerequisite to developing its acquired cannabis pharmaceutical research assets into an FDA approved drug.PAOG admits the dividend distribution process has lagged behind the acquisition and pharmaceutical development contract efforts.Last week, after completing the pharmaceutical development contract, PAOG management and PURA management committed to rapidly completing the dividend issuance. Since initiating the joint rapid dividend completion effort, PAOG has filed to redomicile the company to Wyoming and increase the authorized number of shares in order to have the necessary inventory to execute the dividend distribution. PAOG has also engaged the services of the company's transfer agent to manage the dividend distribution of PAOG stock to PURA shareholders.Once the move to Wyoming is complete, PAOG will file with the necessary financial regulatory authority to finalize the dividend details.PAOG anticipates a definitive dividend distribution announcement will be forthcoming within the next two weeks. PAOG is excited to make PURA shareholders also PAOG shareholders. The developing PAOG and PURA partnership includes PAOG participating in PURA's new hemp lifestyle brand strategy, called Farmersville Brands and headquartered on a 72-acre property currently under contract for acquisition by PURA. In conjunction with PAOG's newly acquired cultivation business, PAOG plans to build a pharmaceutical grade, indoor hemp cultivation operation and lab on PURA's Farmersville property. Look for more information coming soon from both PURA and PAOG. For more information on PAO Group, visit www.paogroupinc.com. For more information on Puration, visitwww.purationinc.com. Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease. Contact: Puration, Inc.Brian Shibley[emailprotected]+1-(800)-861-1350 PAO Group, Inc.Jim DiPrima+1-888-272-6472[emailprotected] SOURCE PAO Group, Inc. Related Links https://www.paogroupinc.com
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edtsum4950
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NORTHBROOK, Ill., July 31, 2020 /PRNewswire/ --The following is a notification from UL that the e-scooter identified below bears an unauthorized UL Certification Mark for the United States. These e-scooters have not been evaluated by UL to the appropriate Safety Standards for the risk of fire, electric shock, or injury to persons and it is unknown if they comply with any safety requirements. Name of Product: UllMAX e-Scooter, Model X7 Manufacturer: Shenzhen Kixin Electronics Co., Ltd. Remedy: UL recommends that you stop using this product. Identification on the Products: The e-scooters bear unauthorized UL Marks and the following: On the vertical stem: UllMAX ELECTRICAL SYSTEMS FOR PERSONAL E-MOBILITY AS TO ELECTRIC SHOCK AND FIRE HAZARDS ONLY UL2272 On the front deck: X7Folding Electric Scooter MAX speed:25km/h MAX load:20-100kg On the center deck: Hx Photographs: PLEASE GO TO UL.COM FOR PHOTOS Known to be distributed and sold by:UllMAX in Singapore, may have been sold by others. About UL UL helps create a better world by applying science to solve safety, security and sustainability challenges. We empower trust by enabling the safe adoption of innovative new products and technologies. Everyone at UL shares a passion to make the world a safer place. All of our work, from independent research and standards development, to testing and certification, to providing analytical and digital solutions, helps improve global well-being. Businesses, industries, governments, regulatory authorities and the public put their trust in us so they can make smarter decisions. To learn more, visitUL.com.To learn more about our nonprofit activities, visitUL.org. Amy Patti Communications Director UL LLC 847.664.8480 [emailprotected] SOURCE UL Related Links http://www.ul.com
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UL Warns of Counterfeit UL Marks on e-Scooters (Release 20PN-21)
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NORTHBROOK, Ill., July 31, 2020 /PRNewswire/ --The following is a notification from UL that the e-scooter identified below bears an unauthorized UL Certification Mark for the United States. These e-scooters have not been evaluated by UL to the appropriate Safety Standards for the risk of fire, electric shock, or injury to persons and it is unknown if they comply with any safety requirements. Name of Product: UllMAX e-Scooter, Model X7 Manufacturer: Shenzhen Kixin Electronics Co., Ltd. Remedy: UL recommends that you stop using this product. Identification on the Products: The e-scooters bear unauthorized UL Marks and the following: On the vertical stem: UllMAX ELECTRICAL SYSTEMS FOR PERSONAL E-MOBILITY AS TO ELECTRIC SHOCK AND FIRE HAZARDS ONLY UL2272 On the front deck: X7Folding Electric Scooter MAX speed:25km/h MAX load:20-100kg On the center deck: Hx Photographs: PLEASE GO TO UL.COM FOR PHOTOS Known to be distributed and sold by:UllMAX in Singapore, may have been sold by others. About UL UL helps create a better world by applying science to solve safety, security and sustainability challenges. We empower trust by enabling the safe adoption of innovative new products and technologies. Everyone at UL shares a passion to make the world a safer place. All of our work, from independent research and standards development, to testing and certification, to providing analytical and digital solutions, helps improve global well-being. Businesses, industries, governments, regulatory authorities and the public put their trust in us so they can make smarter decisions. To learn more, visitUL.com.To learn more about our nonprofit activities, visitUL.org. Amy Patti Communications Director UL LLC 847.664.8480 [emailprotected] SOURCE UL Related Links http://www.ul.com
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edtsum4952
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SOLON, Ohio--(BUSINESS WIRE)--Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable and human-centric lighting (HCL) technologies, has signed on CW Lighting and Associates, LLC, Flex Green Lighting, and LEC and Company as new sales agencies. They will market and sell Energy Focus full range of LED lighting and EnFocus lighting control solutions as well as its recently launched UV-C Disinfection solutions to its commercial and industrial customers in the designated regions. CW Lighting and Associates, LLC, founded in 1983 and based in Houston, Texas is now a sales agent of Energy Focus, Inc. for commercial and industrial customers. CW is excited to be partnering with Energy Focus. Energy Focus has a unique range of innovative products that complement our line card and we are looking forward to a very successful partnership as technologically advanced, human-centric lighting turns mainstream, said Michelle Holman, Managing Partner of CW Lighting and Associates. Flex Green Lighting, the energy and lighting division of a 35-year electrical distribution company based in Indianapolis, Indiana is now the sales agent for Energy Focus, Inc. for the majority of the state of Indiana. Rob Annee, Managing Partner of Flex Green, stated, For years we have strived to align Flex Green with only the top-quality LED lighting manufacturers in the United States. In the past we struggled in dealing with less than superior quality manufacturers, which cost us significantly in warranty issues over time. Flex Green, as an organization, has decided to only partner with the industrys premier LED manufacturers. Energy Focus pairs perfectly with Flex Greens industry leading quality offerings. We have installed Energy Focus products for years without a single warranty claim. We look forward to now bringing Energy Focus LED solutions directly to our electrical contractor partners, as well as our long-term direct end-user customers. LEC and Company, based in St. Louis, Missouri for over 50 years has become the sales agent for Energy Focus for the state of Missouri and parts of southern Illinois. We came on board because of the depth of Energy Focus commercial and industrial product line and strong demand for their emergency backup-battery integrated T8 lamps, RedCap from our customer base, said Don Calcaterra, Vice President of LEC and Company. Energy Focus is very excited to engage and partner with these new agencies to enter additional markets, said Wanda Adams, Vice President of Business Development for Commercial Lighting for Energy Focus. These agencies dedicated regional coverages and stellar growth records coupled with their reputation and commitment to sustainability, energy efficiency and human health make them the perfect partners for us. We look forward to developing long and mutually beneficial relationships with the teams at CW Lighting, Flex Green, and LEC to bring our growing line of leading LED, HCL and UV-C products to these new territories. About Energy Focus Energy Focus is an industry-leading innovator of sustainable and human-centric lighting technologies and solutions. As the creator of the first flicker-free LED lamps, Energy Focus develops high quality LED lighting products that provide extensive energy and maintenance savings, as well as aesthetics, safety, health and sustainability benefits over conventional lighting. Our EnFocus lighting control platform enables existing and new buildings to provide quality, convenient and affordable, dimmable and color-tunable, circadian and human-centric lighting capabilities. Our patent-pending UV-C Disinfection (UVCD) technologies and products, announced in October 2020, aim to provide effective, reliable and affordable UVCD solutions for buildings, facilities and homes. Energy Focus customers include U.S. and foreign navies, U.S. federal, state and local governments, healthcare and educational institutions, as well as Fortune 500 companies. Since 2007, Energy Focus has installed approximately 900,000 lighting products across the U.S. Navy fleet, including tubular LEDs, waterline security lights, explosion-proof globes and berth lights, saving more than 5,000,000 gallons of fuel and 300,000 man-hours in lighting maintenance annually. Energy Focus is headquartered in Solon, Ohio. For more information, visit our website at www.energyfocus.com. About CW Lighting and Associates LLC CW Lighting is a lighting manufacturers representative servicing the Houston area. We pride ourselves on offering the best customer experience for our clients whether it be project management, quotations or specification work. Whatever your lighting need, we want to be your trusted source. About Flex Green Lighting Flex Green Lighting is a lighting consulting and distribution company of LED and High Efficiency Lighting products. Flex Green Lighting is an affiliate of FlexPac, a 30-year-old, independently owned company based out of Zionsville, Indiana. Our goal is to evaluate your current lighting and create an analysis to show all the benefits of choosing an investment in your lighting to improve sustainability. We can show that highly efficient lighting is an investment, not just a purchase, which can save up to 75% in electricity savings due to lighting. We can also improve the amount of light output and color rendering of the environment for better productivity and product appearance. Finally, there are several environmental benefits of using a Green product and energy reducing product. About LEC and Company LEC and Company has been a constant source of lighting information in the St. Louis market for well over 50 years. Bruce Eason, Don Calcaterra, and Tom Mispagel have brought together a dynamic sales team to service the St. Louis market. LEC and Company is a lighting and controls manufacturer representative responsible for marketing and selling our manufacturers' products throughout our territory Eastern Missouri and Southern Illinois.
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Energy Focus Partners with Three New Sales Agencies to Expand Territories Shared Commitments to Sustainability, Energy Efficiency and Health to Drive Human-Centric Lighting Adoption and Growth
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SOLON, Ohio--(BUSINESS WIRE)--Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable and human-centric lighting (HCL) technologies, has signed on CW Lighting and Associates, LLC, Flex Green Lighting, and LEC and Company as new sales agencies. They will market and sell Energy Focus full range of LED lighting and EnFocus lighting control solutions as well as its recently launched UV-C Disinfection solutions to its commercial and industrial customers in the designated regions. CW Lighting and Associates, LLC, founded in 1983 and based in Houston, Texas is now a sales agent of Energy Focus, Inc. for commercial and industrial customers. CW is excited to be partnering with Energy Focus. Energy Focus has a unique range of innovative products that complement our line card and we are looking forward to a very successful partnership as technologically advanced, human-centric lighting turns mainstream, said Michelle Holman, Managing Partner of CW Lighting and Associates. Flex Green Lighting, the energy and lighting division of a 35-year electrical distribution company based in Indianapolis, Indiana is now the sales agent for Energy Focus, Inc. for the majority of the state of Indiana. Rob Annee, Managing Partner of Flex Green, stated, For years we have strived to align Flex Green with only the top-quality LED lighting manufacturers in the United States. In the past we struggled in dealing with less than superior quality manufacturers, which cost us significantly in warranty issues over time. Flex Green, as an organization, has decided to only partner with the industrys premier LED manufacturers. Energy Focus pairs perfectly with Flex Greens industry leading quality offerings. We have installed Energy Focus products for years without a single warranty claim. We look forward to now bringing Energy Focus LED solutions directly to our electrical contractor partners, as well as our long-term direct end-user customers. LEC and Company, based in St. Louis, Missouri for over 50 years has become the sales agent for Energy Focus for the state of Missouri and parts of southern Illinois. We came on board because of the depth of Energy Focus commercial and industrial product line and strong demand for their emergency backup-battery integrated T8 lamps, RedCap from our customer base, said Don Calcaterra, Vice President of LEC and Company. Energy Focus is very excited to engage and partner with these new agencies to enter additional markets, said Wanda Adams, Vice President of Business Development for Commercial Lighting for Energy Focus. These agencies dedicated regional coverages and stellar growth records coupled with their reputation and commitment to sustainability, energy efficiency and human health make them the perfect partners for us. We look forward to developing long and mutually beneficial relationships with the teams at CW Lighting, Flex Green, and LEC to bring our growing line of leading LED, HCL and UV-C products to these new territories. About Energy Focus Energy Focus is an industry-leading innovator of sustainable and human-centric lighting technologies and solutions. As the creator of the first flicker-free LED lamps, Energy Focus develops high quality LED lighting products that provide extensive energy and maintenance savings, as well as aesthetics, safety, health and sustainability benefits over conventional lighting. Our EnFocus lighting control platform enables existing and new buildings to provide quality, convenient and affordable, dimmable and color-tunable, circadian and human-centric lighting capabilities. Our patent-pending UV-C Disinfection (UVCD) technologies and products, announced in October 2020, aim to provide effective, reliable and affordable UVCD solutions for buildings, facilities and homes. Energy Focus customers include U.S. and foreign navies, U.S. federal, state and local governments, healthcare and educational institutions, as well as Fortune 500 companies. Since 2007, Energy Focus has installed approximately 900,000 lighting products across the U.S. Navy fleet, including tubular LEDs, waterline security lights, explosion-proof globes and berth lights, saving more than 5,000,000 gallons of fuel and 300,000 man-hours in lighting maintenance annually. Energy Focus is headquartered in Solon, Ohio. For more information, visit our website at www.energyfocus.com. About CW Lighting and Associates LLC CW Lighting is a lighting manufacturers representative servicing the Houston area. We pride ourselves on offering the best customer experience for our clients whether it be project management, quotations or specification work. Whatever your lighting need, we want to be your trusted source. About Flex Green Lighting Flex Green Lighting is a lighting consulting and distribution company of LED and High Efficiency Lighting products. Flex Green Lighting is an affiliate of FlexPac, a 30-year-old, independently owned company based out of Zionsville, Indiana. Our goal is to evaluate your current lighting and create an analysis to show all the benefits of choosing an investment in your lighting to improve sustainability. We can show that highly efficient lighting is an investment, not just a purchase, which can save up to 75% in electricity savings due to lighting. We can also improve the amount of light output and color rendering of the environment for better productivity and product appearance. Finally, there are several environmental benefits of using a Green product and energy reducing product. About LEC and Company LEC and Company has been a constant source of lighting information in the St. Louis market for well over 50 years. Bruce Eason, Don Calcaterra, and Tom Mispagel have brought together a dynamic sales team to service the St. Louis market. LEC and Company is a lighting and controls manufacturer representative responsible for marketing and selling our manufacturers' products throughout our territory Eastern Missouri and Southern Illinois.
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edtsum4955
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SUNNYVALE, Calif., Dec. 8, 2020 /PRNewswire/ --SafeBreach, provider of the leading continuous security validation platform to validate security controls, visualize security risk and prioritize remediations, today announced a first-place finish at the Global Resilience Federation's 2020 "Live Alligator Pit" cybersecurity competition. SafeBreach received the highest ratings for its presentation and technology among all participants, winning the "Best Pitch" and "Most Applicability" titles from both judges and conference attendees who voted on the contest. The competition was an anticipated and popular part of the GRF 2020 Summit on Security and Third Party Risk, bringing together hundreds of cybersecurity leaders and practitioners for this event covering key topics in operational IT resilience and cybersecurity trends. SafeBreach CEO Guy Bejerano presented for the company. "It's an honor to win the contest and we are thrilled that our pitch and core concepts resonated strongly with so many leading cybersecurity practitioners and executives," said Bejerano. "This win reflects what we see in the market that better utilizing existing deployed security controls is the only way to prevent breaches and reduce risk. The SafeBreach platform makes it simple to continuously assess which attacks your security controls will block and which ones will get through, providing you clear guidance on how to quickly and effectively remediate any security gaps using the controls you already have and prioritizing the gaps that pose the greatest risk to the business." Judges for the live competition included Marene Allison, CISO of Johnson & Johnson, John Stewart, former SVP and CSTO of Cisco Systems, Juan Gomez-Sanches, CSO at Lennar. SafeBreach's unique continuous security validation platform provides actionable guidance on how to remediate the gaps in security coverage. SafeBreach partners with the leading companies in cybersecurity including Microsoft, IBM, Splunk, and Palo Alto Networks to enable companies to automate the work of continuously probing defenses in order to ensure their security controls are configured to block the most relevant and dangerous threats. This helps companies improve their security stance and reduce their attack surface and their overall risk on an ongoing basis. With SafeBreach, CISOs and security teams can maximize the performance of their existing security controls and better prioritize security efforts based on real data. About: SafeBreach is the world's most widely used continuous security validation platform in enterprise companies. The company's patented platform provides a "hacker's view" of an enterprise's security posture to proactively predict attacks, validate security controls, and improve security operations center (SOC) analyst response capabilities. SafeBreach automatically and safely executes thousands of breach methods validating network, endpoint, cloud, container and email security controls by leveraging its extensive and growing Hacker's Playbook of research and real-world investigative data. Headquartered in Sunnyvale, California, the company is funded by Sequoia Capital, Deutsche Telekom Capital Partners, OCV Partners, DNX Ventures, Hewlett Packard Pathfinder, PayPal and investor Shlomo Kramer. For more information, visitwww.safebreach.comor follow us on Twitter @SafeBreach. SOURCE SafeBreach
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SafeBreach Wins Live Alligator Pit Competition at 2020 GRF Summit Presenting to an audience of hundreds of leading cybersecurity executives and practitioners, SafeBreach garnered "Best Pitch" and "Most Applicable Technology" awards from judges and attendees.
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SUNNYVALE, Calif., Dec. 8, 2020 /PRNewswire/ --SafeBreach, provider of the leading continuous security validation platform to validate security controls, visualize security risk and prioritize remediations, today announced a first-place finish at the Global Resilience Federation's 2020 "Live Alligator Pit" cybersecurity competition. SafeBreach received the highest ratings for its presentation and technology among all participants, winning the "Best Pitch" and "Most Applicability" titles from both judges and conference attendees who voted on the contest. The competition was an anticipated and popular part of the GRF 2020 Summit on Security and Third Party Risk, bringing together hundreds of cybersecurity leaders and practitioners for this event covering key topics in operational IT resilience and cybersecurity trends. SafeBreach CEO Guy Bejerano presented for the company. "It's an honor to win the contest and we are thrilled that our pitch and core concepts resonated strongly with so many leading cybersecurity practitioners and executives," said Bejerano. "This win reflects what we see in the market that better utilizing existing deployed security controls is the only way to prevent breaches and reduce risk. The SafeBreach platform makes it simple to continuously assess which attacks your security controls will block and which ones will get through, providing you clear guidance on how to quickly and effectively remediate any security gaps using the controls you already have and prioritizing the gaps that pose the greatest risk to the business." Judges for the live competition included Marene Allison, CISO of Johnson & Johnson, John Stewart, former SVP and CSTO of Cisco Systems, Juan Gomez-Sanches, CSO at Lennar. SafeBreach's unique continuous security validation platform provides actionable guidance on how to remediate the gaps in security coverage. SafeBreach partners with the leading companies in cybersecurity including Microsoft, IBM, Splunk, and Palo Alto Networks to enable companies to automate the work of continuously probing defenses in order to ensure their security controls are configured to block the most relevant and dangerous threats. This helps companies improve their security stance and reduce their attack surface and their overall risk on an ongoing basis. With SafeBreach, CISOs and security teams can maximize the performance of their existing security controls and better prioritize security efforts based on real data. About: SafeBreach is the world's most widely used continuous security validation platform in enterprise companies. The company's patented platform provides a "hacker's view" of an enterprise's security posture to proactively predict attacks, validate security controls, and improve security operations center (SOC) analyst response capabilities. SafeBreach automatically and safely executes thousands of breach methods validating network, endpoint, cloud, container and email security controls by leveraging its extensive and growing Hacker's Playbook of research and real-world investigative data. Headquartered in Sunnyvale, California, the company is funded by Sequoia Capital, Deutsche Telekom Capital Partners, OCV Partners, DNX Ventures, Hewlett Packard Pathfinder, PayPal and investor Shlomo Kramer. For more information, visitwww.safebreach.comor follow us on Twitter @SafeBreach. SOURCE SafeBreach
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edtsum4958
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: NEW YORK--(BUSINESS WIRE)--PWP Forward Acquisition Corp. I (PFAC or the Company), a blank check company led by women and sponsored by Perella Weinberg Partners and its partners and employees, today announced the pricing of its initial public offering of 20,000,000 units at a price of $10 per unit. The units will be listed for trading on The Nasdaq Stock Market LLC (the Nasdaq) under the ticker symbol FRWAU beginning March 10, 2021. Each unit consists of one share of the Companys Class A common stock and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Company expects that its Class A common stock and warrants will be listed on the Nasdaq under the symbols FRW and FRWAW, respectively. The offering is expected to close on March 12, 2021, subject to customary closing conditions. PFAC was formed as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Although the Companys efforts to identify a prospective business combination opportunity will not be limited to a particular industry, it intends to focus on enhancing access to public financing for companies that are founded by, led by or enrich the lives of women. Citigroup is acting as the book-running manager, and Siebert Williams Shank & Co., Telsey Advisory Group and Tigress Financial Partners are acting as co-managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 1-800-831-9146. A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the SEC) on March 9, 2021. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward-Looking Statements This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering. No assurance can be given that the offering will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement for the Companys offering filed with the SEC and the preliminary prospectus included therein. Copies of these documents are available on the SECs website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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PWP Forward Acquisition Corp. I Announces Pricing of $200 Million Initial Public Offering
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NEW YORK--(BUSINESS WIRE)--PWP Forward Acquisition Corp. I (PFAC or the Company), a blank check company led by women and sponsored by Perella Weinberg Partners and its partners and employees, today announced the pricing of its initial public offering of 20,000,000 units at a price of $10 per unit. The units will be listed for trading on The Nasdaq Stock Market LLC (the Nasdaq) under the ticker symbol FRWAU beginning March 10, 2021. Each unit consists of one share of the Companys Class A common stock and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Company expects that its Class A common stock and warrants will be listed on the Nasdaq under the symbols FRW and FRWAW, respectively. The offering is expected to close on March 12, 2021, subject to customary closing conditions. PFAC was formed as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Although the Companys efforts to identify a prospective business combination opportunity will not be limited to a particular industry, it intends to focus on enhancing access to public financing for companies that are founded by, led by or enrich the lives of women. Citigroup is acting as the book-running manager, and Siebert Williams Shank & Co., Telsey Advisory Group and Tigress Financial Partners are acting as co-managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 1-800-831-9146. A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the SEC) on March 9, 2021. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward-Looking Statements This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering. No assurance can be given that the offering will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement for the Companys offering filed with the SEC and the preliminary prospectus included therein. Copies of these documents are available on the SECs website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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edtsum4960
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You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.
Text: SAN MATEO, Calif.--(BUSINESS WIRE)--Looking for a striking Mothers Day gift that supports moms health and wellbeing? The Limited-Edition Cuzen Matcha Mothers Day Gift Set is the one gift that does it all (just like your mom!) thanks to its award-winning design and the superior flavor and health benefits of freshly ground, organic matcha. Starting at $369, Cuzens Mothers Day Starter Kit includes everything mom needs to become a matcha master: the Cuzen Matcha Maker, a selection of organic tea leaves, a booklet of 10 simple starter recipes and well-being tips, and a customized Mothers Day card. For free shipping, order by April 29th by visiting https://cuzenmatcha.com/products/mother-s-day-starter-kit. Featured Mothers Day matcha recipes include the SingleThread Matcha Cortado from Three-Michelin-Star chef Kyle Connaughton, who has long been a fan of Cuzens freshly ground matcha and features Cuzen matcha machines in the guest rooms at his SingleThread Inn in Healdsburg, CA. Additionally, blogger, recipe developer and mom Sarah Menanix of Snixy Kitchen contributed her scrumptious recipe for Coconut matcha latte overnight oats, perfect for a delicious and healthy Mothers Day brunch. Moms will also find the quintessential guide for crafting the perfect cup of straight matcha, matcha mocktails, and hot and iced matcha lattes, including a signature Black sesame matcha latte. Engineered to reproduce the qualities of a traditional stone mill and bamboo whisk with much less effort Cuzen Matcha is an innovative at-home matcha system that produces freshly ground matcha from organic shade-grown leaves via a beautifully designed machine. The Matcha Maker and Matcha Leaf have been designed to work together to deliver the highest quality matcha drinking experience: the tea leaves are specially prepared to fit the compact ceramic mill, which produces a fine matcha powder thats then automatically whisked into water, recreating the ancient art of stone ground Japanese matcha. This year has taken an immense toll on mothers mental and physical health, so we are very happy to be able to offer a gift that will delight them every day while providing sustained health and wellness benefits, explained Eijiro (Ey-jee-roh) Tsukada, Co-founder and CEO of Cuzen Matcha. In addition to offering a delicious, uplifting and healthy way to sustain focus and energy, freshly ground matcha contains far more antioxidants than other antioxidant-rich foods like dark chocolate, blueberries and Acai. Cuzen Matcha launched October 2020 and was almost immediately honored by TIME as one of its Top Best Inventions of 2020. Earlier this month, Cuzen received an iF DESIGN AWARD 2021 for product design. It has also been honored by the Future of Foods Award at San Francisco Design Week Awards 2020, was a CES 2020 Innovation Awards Honoree and was longlisted for the 2020 Dezeen Awards. Founded with the vision of sharing authentic matcha with people everywhere while establishing a sustainable tea production ecosystem in Japan, Cuzen carefully sources its shade-grown organic leaves from independent tea farms in Kagoshima prefecture. About Cuzen Matcha Cuzen Matcha produces remarkably fresh matcha from whole organic shade-grown leaves and innovative technology. The freshly ground matcha has a smooth, balanced flavor and gives the drinker a mellow, focused energy that lasts. It also doesnt come with a wasteful plastic pod system like many coffee machines. Our goal is to share freshly ground matcha with as many people as possible while encouraging the adoption of sustainable systems, whether thats by partnering with high quality organic Japanese tea farmers or by minimizing packaging and reducing single-use plastics. About World Matcha Inc. World Matcha Inc., the creator of Cuzen Matcha, is a California-based tea company and food-tech startup founded by Eijiro Tsukada (CEO) and Oki Hatta (CPO) in January 2019. World Matchas mission is to bring authentic matcha into peoples daily lives with ease and an open mind.
Answer:
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Cuzen Matchas Mothers Day Gift Set Is Sure To Make Moms Swoon Give the gift of freshly ground matcha with this limited-edition Mothers Day Starter Kit, featuring recipes from leading chefs like SingleThreads Kyle Connaughton
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SAN MATEO, Calif.--(BUSINESS WIRE)--Looking for a striking Mothers Day gift that supports moms health and wellbeing? The Limited-Edition Cuzen Matcha Mothers Day Gift Set is the one gift that does it all (just like your mom!) thanks to its award-winning design and the superior flavor and health benefits of freshly ground, organic matcha. Starting at $369, Cuzens Mothers Day Starter Kit includes everything mom needs to become a matcha master: the Cuzen Matcha Maker, a selection of organic tea leaves, a booklet of 10 simple starter recipes and well-being tips, and a customized Mothers Day card. For free shipping, order by April 29th by visiting https://cuzenmatcha.com/products/mother-s-day-starter-kit. Featured Mothers Day matcha recipes include the SingleThread Matcha Cortado from Three-Michelin-Star chef Kyle Connaughton, who has long been a fan of Cuzens freshly ground matcha and features Cuzen matcha machines in the guest rooms at his SingleThread Inn in Healdsburg, CA. Additionally, blogger, recipe developer and mom Sarah Menanix of Snixy Kitchen contributed her scrumptious recipe for Coconut matcha latte overnight oats, perfect for a delicious and healthy Mothers Day brunch. Moms will also find the quintessential guide for crafting the perfect cup of straight matcha, matcha mocktails, and hot and iced matcha lattes, including a signature Black sesame matcha latte. Engineered to reproduce the qualities of a traditional stone mill and bamboo whisk with much less effort Cuzen Matcha is an innovative at-home matcha system that produces freshly ground matcha from organic shade-grown leaves via a beautifully designed machine. The Matcha Maker and Matcha Leaf have been designed to work together to deliver the highest quality matcha drinking experience: the tea leaves are specially prepared to fit the compact ceramic mill, which produces a fine matcha powder thats then automatically whisked into water, recreating the ancient art of stone ground Japanese matcha. This year has taken an immense toll on mothers mental and physical health, so we are very happy to be able to offer a gift that will delight them every day while providing sustained health and wellness benefits, explained Eijiro (Ey-jee-roh) Tsukada, Co-founder and CEO of Cuzen Matcha. In addition to offering a delicious, uplifting and healthy way to sustain focus and energy, freshly ground matcha contains far more antioxidants than other antioxidant-rich foods like dark chocolate, blueberries and Acai. Cuzen Matcha launched October 2020 and was almost immediately honored by TIME as one of its Top Best Inventions of 2020. Earlier this month, Cuzen received an iF DESIGN AWARD 2021 for product design. It has also been honored by the Future of Foods Award at San Francisco Design Week Awards 2020, was a CES 2020 Innovation Awards Honoree and was longlisted for the 2020 Dezeen Awards. Founded with the vision of sharing authentic matcha with people everywhere while establishing a sustainable tea production ecosystem in Japan, Cuzen carefully sources its shade-grown organic leaves from independent tea farms in Kagoshima prefecture. About Cuzen Matcha Cuzen Matcha produces remarkably fresh matcha from whole organic shade-grown leaves and innovative technology. The freshly ground matcha has a smooth, balanced flavor and gives the drinker a mellow, focused energy that lasts. It also doesnt come with a wasteful plastic pod system like many coffee machines. Our goal is to share freshly ground matcha with as many people as possible while encouraging the adoption of sustainable systems, whether thats by partnering with high quality organic Japanese tea farmers or by minimizing packaging and reducing single-use plastics. About World Matcha Inc. World Matcha Inc., the creator of Cuzen Matcha, is a California-based tea company and food-tech startup founded by Eijiro Tsukada (CEO) and Oki Hatta (CPO) in January 2019. World Matchas mission is to bring authentic matcha into peoples daily lives with ease and an open mind.
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