text:
EX-99.1
11
exhibit10.htm
EX-99.1
EX-99.1
Contact:
Julia McCartney, 714.667.8252, ext. 230
julia.mccartney@grubb-ellis.com
Grubb & Ellis Healthcare REIT Acquires
Medical Portfolio 3 in Indianapolis
SANTA ANA, Calif. (July 1, 2008) - Grubb & Ellis Healthcare REIT, Inc. today announced the
acquisition of Medical Portfolio 3, a collection of 13 healthcare-related properties comprising 20
buildings, located throughout Indianapolis.
Medical Portfolio 3 consists of approximately 689,000 square feet of gross leaseable area.
The portfolio is 91 percent leased, and is primarily anchored by Clarian Health Partners, which has
occupancy in nine of the 13 properties for an approximate gross leaseable area of 325,000 square
feet.
Clarian Health, one of the largest healthcare providers in Indiana, is a consolidated
healthcare organization that is comprised of Methodist Hospital, Indiana University Hospital and
Riley Hospital for Children. The nine properties leased to Clarian Health represent the company's
"Beltway Strategy", an initiative to provide a network of state-of-the-art medical facilities and
services to the community in convenient locations off or near the Indianapolis beltway, Interstate
465, delivering quality care and convenience to the communities near retail, residential and
commercial areas in the entire eight-county region. Most of these medical properties are anchored
by outpatient centers with substantial ancillary programs such as ambulatory surgery centers,
imaging centers and primary care practices.
"Clarian Health adds to the attractiveness of this acquisition because they are a high quality
credit tenant that provides stability to the rent roll", said Danny Prosky, Executive Vice
President of Acquisitions for Grubb & Ellis Healthcare REIT. "This portfolio is not only located in
a thriving metropolitan area, but enjoys strong occupancy as well, making this acquisition an
outstanding one for the Grubb & Ellis Healthcare REIT portfolio".
Medical Portfolio 3 was acquired from HCP, Inc (NYSE: HCP). Financing for this acquisition
was primarily provided by Fifth Third Bank, and through utilization of the Grubb & Ellis Healthcare
REIT line of credit.
As of June 20, 2008, Grubb & Ellis Healthcare REIT has sold approximately 37.4 million shares
of its common stock, excluding the shares issued under its distribution reinvestment plan, for
approximately $374 million through its initial public offering, which began in the third quarter of
2006.
Grubb & Ellis Healthcare REIT offers a monthly distribution of 7.25 percent per annum and, as
of June 27, 2008, has made 34 geographically diverse acquisitions for a total of 100 buildings
valued at approximately $706 million, based on purchase price.
About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE), one of the largest and most respected commercial real estate
services companies, is the sponsor of Grubb & Ellis Healthcare REIT, Inc. With more than 130 owned
and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and
investors comprehensive integrated real estate solutions, including transaction, management,
consulting and investment advisory services supported by proprietary market research and extensive
local market expertise.
Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that
provide individuals and institutions the opportunity to invest in a broad range of real estate
investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public
non-traded real estate investment trusts (REITs) and real estate investment funds. As of March 31,
2008, more than $3.4 billion in investor equity has been raised for these investment programs. The
company and its subsidiaries currently manage a growing portfolio of more than 218 million square
feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft
Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please
visit www.grubb-ellis.com.
FORWARD-LOOKING LANGUAGE
This press release contains certain forward-looking statements with respect to the importance that
the property adds to the Grubb & Ellis Healthcare REIT portfolio. Forward-looking statements are
statements that are not descriptions of historical facts and include statements regarding
management's intentions, beliefs, expectations, plans or predictions of the future, 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. Because such statements include risks, uncertainties and
contingencies, actual results may differ materially from those expressed or implied by such
forward-looking statements. These risks, uncertainties and contingencies include, but are not
limited to, the following: uncertainties regarding changes in the healthcare industry;
uncertainties relating to changes in general economic and real estate conditions; uncertainties
relating to the local economy and demand for healthcare related services in the greater
Indianapolis, Indiana area; the strengths and financial condition of Clarian Health Partners; the
uncertainties relating to the implementation of our real estate investment strategy; and other risk
factors as outlined in the company's prospectus, as amended from time to time, and as detailed from
time to time in our periodic reports, as filed with the Securities and Exchange Commission.

text: Grubb & Ellis Healthcare REIT

text: Medical Portfolio 3

text: Grubb & Ellis Healthcare REIT, Inc.

text: Medical Portfolio 3

text: Medical Portfolio 3

text: Grubb & Ellis Healthcare REIT

text: Grubb & Ellis Healthcare REIT

text: Medical Portfolio 3

text: HCP, Inc

text: Fifth Third Bank

text:
Grubb & Ellis Healthcare
REIT

text: Grubb & Ellis Healthcare REIT

text: Grubb & Ellis Healthcare REIT

text: Grubb & Ellis Healthcare REIT, Inc.

text: Grubb & Ellis Healthcare REIT


dataset: buster

text:
EX-99.1
3
dxpe-b27complete_release.htm
DXP ENTERPRISES, INC. CLOSES ACQUISITION OF B27
dxpe-b27complete_release.htm
NEWS RELEASE
CONTACT: Mac McConnell
Senior Vice President, Finance & CFO
713-996-4700
www.dxpe.com
DXP ENTERPRISES, INC.
CLOSES ACQUISTION OF B27, LLC
Houston, Texas, January 2, 2014 - DXP Enterprises, Inc. (NASDAQ: DXPE) announced today it has completed the acquisition of B27, LLC ("B27"). Further to DXPE's press release dated December 9, 2013, B27 has approximately 342 employees with projected sales and adjusted EBITDA of $198 million and $35 million, respectively for fiscal year 2013.
DXP's President and CEO, David Little said, "We are very pleased to have B27 as part of the DXP family. B27 is a quality company with great people. We look forward to our collective success and driving towards creating a world-class Rotating Equipment business. By adding this experienced team and strategic offering to our suite of products and services, we will provide a comprehensive offering to our customers. We look forward to our future success together".
About B27, LLC
B27, LLC ("B27") was founded in 1978 and is headquartered in Houston, Texas. B27 is a global supplier of sophisticated pump and integrated flow control solutions serving the oil & gas, power generation, air quality and other industrial markets. B27 has approximately 342 employees with projected sales and adjusted EBITDA of $198 million and $35 million, respectively for fiscal year 2013. Adjusted EBITDA was calculated as income before tax, plus interest, plus depreciation and amortization, plus non-recurring items that will not continue after the completion of the acquisition. Additional B27 information can be found on B27's websites at
www.BestPumpworks.com
and
www.IFSolutions.com
.
About DXP Enterprises, Inc.
DXP Enterprises, Inc. is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada and Mexico. DXP provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production ("MROP") services that emphasize and utilize DXP's vast product knowledge and technical expertise in rotating equipment, bearings, power transmission, safety products & services and industrial supplies. DXP's breadth of MROP products and service solutions allows DXP to be flexible and customer driven, creating competitive advantages for our customers. DXP's business segments include Service Centers, Innovative Pumping Solutions, and Supply Chain Services. For more information, go to
www.dxpe.com
.
The Private Securities Litigation Reform Act of 1995 provides a "safe-harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission.
#

label: organization

text: DXP ENTERPRISES, INC.

text: DXP ENTERPRISES, INC.

text: B27, LLC

text: DXP Enterprises, Inc.

text: B27, LLC

text: B27, LLC

text: B27, LLC

text: DXP Enterprises, Inc.

text: DXP Enterprises, Inc.

source_dataset: expertai/BUSTER

annotation_scope: BUSTER company-role spans plus reviewed organization, fund, person, and event additions with document-local surface projection; annotations remain non-exhaustive


text:
EX-99.1
2
kl01029_ex99-1.htm
EXHIBIT 99.1 PRESS RELEASE
kl01029_ex99-1.htm
Exhibit
99.1
CONTACTS
:
General
Media:
Financial Media and Investors:
Matt
Levinson/Jeff
Bray
Donna Gehnrich
O'Connell
& Goldberg,
Inc. Systemax
Inc.
450
North
Park Road, Suite
600
11 Harbor Park Drive
Hollywood,
Florida
33021
Port Washington, NY 11050
(954)
964-9098
(516) 608-7020
mlevinson@oandgpr.com
/ cell: (954)
593-7208
dgehnrich@systemax.com
jbray@oandgpr.com
/ cell: (954) 599-7613
SYSTEMAX
ANNOUNCES
DEFINITIVE AGREEMENT TO ACQUIRE
SELECTED
ASSETS AND RETAIL
STORES FROM COMPUSA
Acquisition
to Continue
Great CompUSA Brand
PORT
WASHINGTON, N.Y.
-
(January 6, 2008) - Systemax Inc. (NYSE:
SYX - News
)
today
announced it has entered into a definitive agreement to acquire selected assets
and retail stores of CompUSA Inc. Completion of the transaction
is subject to customary closing conditions and is expected to close at several
dates throughout the first quarter of 2008.
Under
the
agreement, Systemax will purchase the CompUSA brand, trademarks and e-commerce
business, and as many as 16 CompUSA retail outlets.
"We
believe the value of the CompUSA brand remains very high. The company
has a long legacy of value pricing, service and customer loyalty among consumers
nationwide", said Richard Leeds, Chief Executive Officer of
Systemax. "We view this acquisition as a strong complementary
business to our TigerDirect operation".
According
to TigerDirect Chief Executive Officer Gilbert Fiorentino, CompUSA.com's
customer base enhances that of TigerDirect.com and the CompUSA retail stores
will strengthen the company's planned retail expansion. TigerDirect
currently operates 11 retail stores in Florida, Illinois, North Carolina and
Ontario, Canada. Pending required approvals, up to 16 CompUSA stores
in Florida, Texas and Puerto Rico will be added during the first quarter of
2008.
"Millions
of loyal customers will come to the Systemax and TigerDirect family of
businesses through this acquisition", Fiorentino said. "We anticipate
hiring many experienced CompUSA employees, preserving hundreds of store
management and sales positions and making us stronger and better in the
process."
As
the
select CompUSA retail stores are acquired, they will be integrated into
TigerDirect's existing retail operating environment.
"We
have
a terrific opportunity to continue the great CompUSA brand and establish a
new
heritage that will extend for generations to come", Fiorentino added.
TigerDirect,
a subsidiary of Systemax, is one of the industry's top computer and
computer-product retailers. The company's web site (
www.tigerdirect.com
)
was ranked as one of the Top 15 online retail sites for "Customer Focused
Excellence" by the Forrester Group in November 2007 and is consistently in the
Top 10 for web traffic among computer shopping sites as measured by
HitWise.
Until
the
agreement is closed, CompUSA's web site (
www.compusa.com
)
and retail operations will continue to operate under CompUSA's existing
leadership. Once the acquisition is completed, the new, improved
CompUSA.com web site will operate within Systemax's family of ecommerce web
sites. The new CompUSA.com will feature advanced searching and enhanced
content including photo galleries and videos on thousands of the most popular
PC, TV and consumer electronics items. The direct costs of the
acquisition will depend on the specific retail store locations that are
ultimately taken over and are expected to approximate $30 million. The
indirect costs of the acquisition - primarily integration and recruiting costs,
legal fees, inventory purchases, and other expenses - will be incremental to the
direct costs.
About
TigerDirect
TigerDirect
serves the needs of personal and business computer users, selling consumer
electronics, computers, digital media technology and peripherals via retail
stores, catalog and Internet channels. TigerDirect is a subsidiary of
Systemax Inc. (NYSE:SYX). Visit
www.systemax.com
for more information.
About
Systemax Inc.
Systemax
Inc. (
www.systemax.com
),
a Fortune 1000 company, sells personal computers, computer supplies, consumer
electronics and industrial products through a system of branded e-commerce
web
sites, direct mail catalogs, relationship marketers and retail stores in North
America and Europe. It also manufacturers and sells personal
computers under the Systemax and Ultra brands and develops and markets
ProfitCenter Software, a web-based, on-demand application for multi-channel
direct marketing companies.
Forward-Looking
Statements
This
press release contains forward-looking statements about the Company's
performance. These statements are based on management's estimates,
assumptions and projections and are not guarantees of future
performance. The Company assumes no obligation to update these
statements. Actual results may differ materially from results
expressed or implied in these statements as the result of risks, uncertainties
and other factors including, but not limited to: (a) unanticipated variations
in
sales volume, (b) economic conditions and exchange rates, (c) actions by
competitors, (d) the continuation of key vendor relationships, (e) the ability
to maintain satisfactory loan agreements with lenders, (f) risks associated
with
the delivery of merchandise to customers utilizing common carriers, (g) the
operation of the Company's management information systems, and (h) unanticipated
legal and administrative proceedings. Please refer to "Risk Factors"
and the Forward-Looking Statements sections contained in the Company's Form 10-K
for a more detailed explanation of the inherent limitations in such
forward-looking statements.
-
End -

text:
Systemax
Inc.

text: SYSTEMAX

text: COMPUSA

text: CompUSA

text: Systemax Inc.

text: CompUSA Inc.

text: Systemax

text: CompUSA

text: CompUSA

text: CompUSA

label: person

text: Richard Leeds

text: Systemax

text: CompUSA

text: CompUSA

text: Systemax

text: CompUSA

text: CompUSA

text: CompUSA

text: Systemax

text: CompUSA

text: CompUSA

text: Systemax

text: Systemax Inc.

text: Systemax Inc.

text:
Systemax
Inc.

text: Systemax


text:
EX-99.1
12
ex991reacquisitions.htm
EXHIBIT 99.1
Ex. 99.1 re Acquisitions
EXHIBIT 99.1
18100 Von Karman Avenue
Suite 500 Irvine, CA 92612 949.852.0700
NEWS RELEASE
Contact: Jennifer Franklin
Phone: 949.333.1721
Email: jfranklin@steadfastcmg.com
STEADFAST APARTMENT REIT ADDS 900 APARTMENT HOMES TO GROWING PORTFOLIO FOR $88.5 MILLION REIT Enters Alabama Market for the First Time and Expands in Atlanta MSA
IRVINE, Calif., June 3, 2015 - Steadfast Apartment REIT announced today the acquisition of two apartment communities in two separate transactions with an aggregate purchase price of $88.5 million and 900 total apartment homes. Steadfast Apartment REIT now has invested approximately $529 million in 15 apartment communities in eight states.
"We believe the apartment market is thriving as a result of job creation and strong demographics", said Ella Shaw Neyland, president of Steadfast Apartment REIT. "More employers and households are moving to secondary markets where local economies are growing, including in many locations where Steadfast already has a presence or would like to have a presence".
Steadfast Apartment REIT expanded its presence into the state of Alabama with the purchase of Ridge Crossings Apartments in Hoover, Ala., comprising 720 apartment homes -20 minutes south of downtown Birmingham-for $72 million. Constructed in three phases from 1991 to 1996, the apartment community consists of a leasing office/clubhouse, and 71 two- and three-story garden style residential buildings with a mix of one-, two- and three-bedrooms. Units average 1,107 square feet with average in-place rents of $862. Ridge Crossings is currently 94% occupied.
A total of 334 units have recently been renovated with black appliances, faux granite counter-tops, new plumbing, updated light fixtures and resurfaced or painted cabinets. Steadfast Apartment REIT will implement a revitalization strategy for the remaining 386 units.
Completing the resident experience is an assortment of amenities that include two pools, tennis court, playground, fitness center, laundry center, car wash area, pet park and walking trail.
Ridge Crossings boasts clear visibility near the intersection of I-459 and Highway 150 with easy access to office, retail and entertainment venues. The City of Hoover and Birmingham's high quality of life, excellent schools, blue-chip employers and affluent demographic profile makes the apartment community highly desirable.
"Ridge Crossings is one of the few apartment communities that serve the Mercedes-Benz North American headquarters' 2,800 employees. This headquarters is estimated to add 2,000 new jobs over the next 24 months", said Neyland. "Additionally, Birmingham's Grandview Medical Center is slated to open in 18 months and will create 5,500 new jobs. We believe Ridge Crossings is well positioned to house some of this pending demand".
Steadfast Apartment REIT also acquired Rosemont at East Cobb in Marietta, Ga., located in the greater Atlanta area for $16.5 million. This transaction represents the REIT's fourth investment in the state of Georgia.
Rosemont at East Cobb has 180 apartment homes and offers one- and two-bedroom apartments in five different floorplans that average 1,056 square feet with average in-place rents of $824. The approximately 15-acre property consists of 12 two- and three-story garden style residential buildings with a clubhouse/leasing office. Current occupancy stands at 96%.
On-site amenities include a fitness center, business center, tennis court, volleyball court, sparkling swimming pool and a barbecue area.
"Steadfast Apartment REIT will upgrade the units as part of a revitalization strategy, which will allow us to offer greater value to residents and generate additional operational revenue", said Neyland.
Rosemont at East Cobb's revitalization strategy will include stainless steel appliances, laminate countertops, vinyl plank flooring, new hardware and new plumbing fixtures. Additionally, the tennis court will be converted to an outdoor pavilion and the volleyball court to a dog park. Upgrades will also be made to the landscaping, the model unit, pool furniture and grills.
Rosemont at East Cobb is poised for long-term growth. The City of Marietta is located approximately 15 miles northwest of downtown Atlanta which is home to two large-scale developments. The new Atlanta Braves Stadium and surrounding mixed-use, and LakePoint, a $1 billion sports complex, are projected to bring 20,000 jobs to the area.
About Steadfast Apartment REIT
Steadfast Apartment REIT intends to acquire and operate a diverse portfolio of well-positioned, institutional-quality apartment communities in targeted markets throughout the United States that have demonstrated high occupancy and income levels across market cycles.
Steadfast Apartment REIT is sponsored by Steadfast REIT Investments LLC, an affiliate of Steadfast Companies, an Orange County, Calif.-based group of affiliated real estate investment and operating companies that acquire, develop and manage real estate in the U.S. and Mexico.
This release contains certain forward-looking statements. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of Steadfast Apartment REIT's annual report on Form 10-K and other reports filed with the Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and the company undertakes no obligation to update any such statements that may become untrue because of subsequent events. Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES.

text: STEADFAST APARTMENT REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Ella Shaw Neyland

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT


text:
EX-99.2
3
tv482337_ex99-2.htm
EXHIBIT 99.2
ANI Pharmaceuticals Enters Five-Year $125 Million Senior Secured Credit Facility with Citizens Bank
BAUDETTE, Minn., Dec. 29, 2017 /PRNewswire/ -- ANI Pharmaceuticals, Inc. ("ANI") (Nasdaq: ANIP) today announced that it has entered a new five-year Senior Secured Credit Facility (the "Facility") for up to $125 million with Citizens Bank. The Facility is comprised of a $75 million five-year term loan that was closed today in support of ANI's acquisition of four NDAs acquired from AstraZeneca for $46.5 million in cash as previously announced this morning. In addition, the term loan has been utilized to refinance existing indebtedness of $25 million that was outstanding against ANI's now retired $30 million asset-based revolving credit
facility with Citizens Bank. This Facility also includes a $50 million Senior Secured Revolving Credit Facility which remains un-drawn at this time. The Facility is secured by the assets and equity interests of the company.
Stephen P. Carey, ANI's Vice President and CFO stated, "Today's expansion of our relationship with Citizens Bank enables ANI to continue to execute upon its business model. We believe that the flexibility of the revolver portion of the Facility coupled with our cash on-hand, continued cash flow from operations and the significant benefit of recently enacted U.S. corporate tax reform will continue to support our future growth. As of today, ANI's cash on-hand and capacity under the revolver provides us with approximately $80 million in available cash".
"ANI Pharmaceuticals is a valued client of Citizens Bank. Our Healthcare
Corporate Banking and Capital Markets team has continued to provide ANI with strategic insight and capital support, enabling them to reach their long-term potential", said Daniel K. Fitzpatrick, Executive Vice President and Head of National Industry Verticals at Citizens Bank.
About ANI
ANI Pharmaceuticals, Inc. (the "Company" or "ANI") is an integrated specialty pharmaceutical company developing, manufacturing, and marketing branded and generic prescription pharmaceuticals. The Company's targeted areas of product development currently include narcotics, oncolytics (anti-cancers), hormones and steroids, and complex formulations involving extended release and combination products. For more information, please visit our website www.anipharmaceuticals.com.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is
one of the nation's oldest and largest financial institutions, with $151.4 billion in assets as of September 30, 2017. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth
management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate products and asset finance. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
Forward-Looking Statements
To the extent any statements made in this release deal with information that is not historical, these are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about price increases, the Company's future operations, products financial position, operating results and prospects, the Company's pipeline or potential
markets therefor, and other statements that are not historical in nature, particularly those that utilize terminology such as "anticipates", "will", "expects", "plans", "potential", "future", "believes", "intends", "continue", other words of similar meaning, derivations of such words and the use of future dates.
Uncertainties and risks may cause the Company's actual results to be materially different than those expressed in or implied by such forward-looking statements. Uncertainties and risks include, but are not limited to, the risk that the Company may face with respect to importing raw materials; increased competition; acquisitions; contract manufacturing arrangements; delays or failure in obtaining product approval from the U.S. Food and Drug Administration; general business and economic conditions;
market trends; products development; regulatory and other approvals and marketing.
More detailed information on these and additional factors that could affect the Company's actual results are described in the Company's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as its proxy statement. All forward-looking statements in this news release speak only as of the date of this news release and are based on the Company's current beliefs, assumptions, and expectations. The Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
For more information about ANI, please contact:
Investor Relations
IR@anipharmaceuticals.com

text: ANI Pharmaceuticals

text: Citizens Bank

text: ANI Pharmaceuticals, Inc.

text: ANI

text: Citizens Bank

text: ANI

text: NDAs

text: AstraZeneca

text: ANI

text: Citizens Bank

text: ANI

text: Citizens Bank

text: ANI

text: ANI

text: ANI Pharmaceuticals

text: Citizens Bank

text: ANI

text: Citizens Bank

text: ANI

text: ANI Pharmaceuticals, Inc.

text: ANI

text: ANI


text:
EX-99.1
8
dex991.htm
PRESS RELEASE
Press Release
Exhibit 99.1
News Corporation Completes Reincorporation to United States
Shares To Begin Trading on Regular-Way Basis on NYSE
SYDNEY, Australia, November 12, 2004-News Corporation today announced that it had completed its reincorporation from Australia to the United States. News Corporation, a Delaware corporation, is now the parent company of the News
Corporation group of companies.
Beginning today, News Corporation's
primary share listing will be on the New York Stock Exchange, under the ticker symbols NWS for Class B (Voting) Common Stock and NWS.A for Class A (Non-voting) Common Stock, and the shares will trade on a regular-way basis.
CHESS Depositary Interests, each representing one share of Class B Common Stock or Class A
Common Stock, will trade on the Australian Stock Exchange under the ticker symbols NWS and NWSLV, respectively, on a deferred-settlement basis until November 18 and thereafter on a normal basis.
News Corporation also expects to obtain a secondary listing on the London Stock Exchange by
the end of this month.
News Corporation had total assets as of September 30,
2004 of approximately US$52 billion and total annual revenues of approximately US$22 billion. News Corporation is a diversified international media and entertainment company with operations in eight industry segments: filmed entertainment;
television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers; book publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe,
the United Kingdom, Australia, Asia and the Pacific Basin.
For more
information about News Corporation, please visit
www.newscorp.com
.
Contacts:
Media: Andrew Butcher 212-852-7070
Investors: Reed Nolte 212-852-7092
Sydney: Greg Baxter 02-9288-3242


text:
EX-99.1
2
ex99-1.htm
PRESS RELEASE
ex99-1
Exhibit
99.1
Super League Finalizes
Acquisition of Mobcrush, Establishing One of the Largest Verifiable
and Addressable Audiences of Passionate Gamers in the
U.S.
Combined platforms and properties provide brands, advertisers, and
other consumer-facing businesses with scalable access to the most
critical content engagement channels - in-game experiences,
in-stream video integrations, in-event programs
Santa
Monica, Calif.
- (June 2, 2021)
- Super
League Gaming,
Inc.
(Nasdaq:
SLGG),
a global leader in
competitive video gaming and esports entertainment for everyday
players around the world, announced today the successful closing of
its previously-announced acquisition of
Mobcrush
Streaming,
Inc.
Mobcrush is a live streaming technology platform used by hundreds
of thousands of gaming influencers who generate and distribute
almost two million hours of original content annually and have
accumulated more than 4.5 billion fans and subscribers across the
most popular live streaming and social media platforms, including
Twitch, YouTube, Facebook, Instagram, Twitter, and more. Mobcrush
also operates Mineville, one of six official Minecraft servers in
partnership with Microsoft, reaching more than 20 million players
annually.
On May 27, 2021, Super League shareholders approved the issuance of
approx. 12.6 million shares of common stock as merger consideration
to fund the acquisition of Mobcrush.
The newly combined company provides a highly scalable,
gaming-centric media platform for brands and advertisers to reach a
monthly U.S. audience of over 75 million, which is one of the
largest addressable audiences of gamers and equivalent to a Top 100
U.S. Nielsen media property. Together, Super League and Mobcrush
expect to deliver more than 9 billion video views across digital
and social media live streaming and on-demand
platforms.
"We are thrilled to complete this acquisition and have
already been working towards our shared mission to empower
passionate gamers and inspire them to create dynamic and highly
engaging content", said Ann Hand, Chief Executive Officer of
Super League. "In fact, we have already won our first deal as
a combined company and know we are just getting started. With this
powerful platform, we are ready to achieve a new level of scale
through our incredible suite of proprietary tools accessible to all
gamers as we work to capitalize on multiple opportunities to
generate revenue from advertiser solutions, direct to consumer and
content monetization".
Details regarding the transaction, including a
copy of the merger agreement, can be found in Super League's
current report on Form 8-K, filed with the Securities and Exchange
Commission on March 11, 2021 and are available in the SEC Filings
section of Super League's investor relations
website here.
###
-1-
About Super
League
Gaming
Super League Gaming (NASDAQ: SLGG) is a leading
gaming and esports content and community platform that gives tens
of millions of players multiple ways to create, connect, compete,
and enjoy the video games they love. Fueled by proprietary and
patented technology systems, Super League's offerings include
competitive gaming tournaments featuring many of the biggest titles
in the world, gameplay properties that allow young gamers to
experience and build their own imaginative Minecraft worlds, and
production and distribution software tools that power billions of
views of live streaming and video-on-demand content annually.
Through partnerships with world class consumer brands, in-game
player monetization, and a fully-virtual cloud-based video
production studio, Super League is building a broadly inclusive,
global brand at the intersection of gaming, experiences, and
entertainment. For more:
superleague.com
Media Contact:
Gillian Sheldon
Super League Gaming
gillian.sheldon@superleague.com
Investor Relations:
Cody Slach and Sophie Pearson
Gateway Investor Relations
SLG@gatewayir.com
Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995. Statements in this press release that are not
strictly historical are "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. These statements involve substantial risks, uncertainties
and assumptions that could cause actual results to differ
materially from those expressed or implied by such statements.
Forward-looking statements in this communication include, among
other things, statements about our possible or assumed business
strategies, potential growth opportunities, new products and
potential market opportunities. Risks and uncertainties include,
among other things, our ability to implement our plans, forecasts
and other expectations with respect our business; our ability to
realize the anticipated benefits of events that took place during
and subsequent to the year ended December 31, 2020, including the
possibility that the expected benefits, including those that may be
related to the Agreement and Plan of Merger, dated March 9, 2021,
by and between Super League Gaming, Inc. and Mobcrush Streaming,
Inc. (the "Merger Agreement"), will not be realized or
will not be realized within the expected time period; unknown
liabilities that may or may not be within our control; attracting
new customers and maintaining and expanding our existing customer
base; our ability to scale and update our platform to respond to
customers' needs and rapid technological change; increased
competition on our market and our ability to compete effectively,
and expansion of our operations and increased adoption of our
platform internationally. Additional risks and uncertainties that
could affect our financial results are included in the section
titled "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" in our Annual Report on Form 10-K for the year
ended December 31, 2020 and other filings that we make from time to
time with the Securities and Exchange Commission which, once filed,
are available on the SEC's website at www.sec.gov. In
addition, any forward-looking statements contained in this
communication are based on assumptions that we believe to be
reasonable as of this date. Except as required by law, we assume no
obligation to update these forward-looking statements, or to update
the reasons if actual results differ materially from those
anticipated in the forward-looking statements.
-2-

text: Super League

text: Mobcrush

text:
Super
League Gaming,
Inc

text:
Mobcrush
Streaming,
Inc.

text: Mobcrush

text: Mobcrush

text: Super League

text: Mobcrush

text: Super League

text: Mobcrush

text: Ann Hand

text: Super League

text: Super League

text: Super League

text: Super League

text: Super League

text: Super League Gaming, Inc

text:
Mobcrush Streaming,
Inc.


text:
EX-99.1
3
a09-29410_1ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE/September 30,
2009
Anthony S. Marucci
Avery W. Catlin
For Media:
President and CEO
Chief Financial Officer
Matthew Driscoll
Celldex Therapeutics, Inc.
Celldex Therapeutics, Inc.
BMC Communications Group
(781) 433-0771
(781) 433-0771
(973) 271-6085
IR@celldextherapeutics.com
mdriscoll@bmccommunications.com
Celldex and CuraGen Stockholders
Approve Acquisition of CuraGen Corporation
NEEDHAM, MA and Branford, CT (September 30,
2009):
Celldex Therapeutics, Inc.
(Nasdaq: CLDX) and CuraGen Corporation (Nasdaq: CRGN) announced that, at
special meetings held earlier today, Celldex's stockholders approved the
issuance of shares of Celldex common stock pursuant to the previously disclosed
Agreement and Plan of Merger, dated as of May 28, 2009, by and among
Celldex, Cottrell Merger Sub, Inc. and CuraGen, and that CuraGen's
stockholders approved the Agreement and Plan of Merger.
Following the closing of the
merger contemplated by the Agreement and Plan of Merger, each outstanding share
of CuraGen common stock will convert into the right to receive 0.2739 shares of
Celldex common stock and CuraGen will become a wholly-owned subsidiary of
Celldex. Celldex will issue
approximately 16,629,981 shares of its common stock in exchange for all outstanding
shares of CuraGen common stock in connection with the merger.
Celldex currently
anticipates that the merger will close on October 1, 2009.
About Celldex Therapeutics, Inc.
Celldex Therapeutics is an
integrated biopharmaceutical company that applies its comprehensive Precision
Targeted Immunotherapy Platform to generate a pipeline of candidates to treat
cancer and other difficult-to-treat diseases. Celldex's immunotherapy platform
includes a complementary portfolio of monoclonal antibodies, antibody-targeted
vaccines and
-
more -
119
FOURTH AVENUE NEEDHAM, MA 02494-2725 USA 781-433-0771 FAX
781-433-0262
www.celldextherapeutics.com
immunomodulators
to create novel disease-specific drug candidates. For more information, please
visit http://www.celldextherapeutics.com.
About CuraGen Corporation
CuraGen
Corporation is a biopharmaceutical company dedicated to improving the lives of
patients by developing promising pharmaceutical products that address unmet medical
needs. CuraGen's therapeutics are based on research into novel drug targets and
mechanisms that are believed to play a role in the underlying disease. CuraGen
has translated this research and understanding into a pipeline of protein,
antibody, and antibody-drug conjugate drugs. For more information, please visit
www.curagen.com
Safe Harbor Statement Under the Private Securities
Litigation Reform Act of 1995:
This release contains
"
forward-looking statements" made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995, including those related to Celldex's strategic focus and the future
development and commercialization of Celldex's programs. Forward-looking
statements reflect management's current knowledge, assumptions, judgment and
expectations regarding future performance or events. Although Celldex management
believes that the expectations reflected in such statements are reasonable,
they give no assurance that such expectations will prove to be correct and you
should be aware that actual results could differ materially from those
contained in the forward-looking statements. Forward-looking statements are
subject to a number of risks and uncertainties, including, but not limited to,
the successful integration of the businesses, multiple technologies and
programs of CuraGen and Celldex; Celldex's ability to adapt APC Targeting
Technology
TM
to develop new, safe and
effective vaccines against oncology and infectious disease indications; Celldex's
ability to successfully complete product research and further development of Celldex's
programs; the uncertainties inherent in clinical testing; Celldex's ability to
manage research and development efforts for multiple products at varying stages
of development; Pfizer's and Celldex's strategy and business plans concerning
the continued development and commercialization of CDX-110; the timing, cost
and uncertainty of obtaining regulatory approvals; the failure of the market
for the combined Companies' programs to continue to develop; the inability to
obtain additional capital; the inability to protect the combined Companies'
intellectual property; the loss of any executive officers or key personnel or
consultants; competition; changes in the regulatory landscape or the imposition
of regulations that affect the combined Companies' products; and other risks
detailed from time to time in Celldex's filings with the Securities and
Exchange Commission, including Celldex's Form 10-K for the fiscal year
ended December 31, 2008, and its Forms 10-Q and 8-K
.
CRGN-P
###
2

text: Celldex Therapeutics, Inc.

text: Celldex Therapeutics, Inc.

text: Celldex

text: CuraGen

text: CuraGen Corporation

text: Celldex Therapeutics, Inc.

text: CuraGen Corporation

text: Celldex

text: Celldex

text: Celldex

text: CuraGen

text: CuraGen

text: CuraGen

text: Celldex

text: CuraGen

text: Celldex

text: Celldex

text: CuraGen

text: Celldex

text: Celldex Therapeutics, Inc.

text: Celldex

text: CuraGen Corporation

text:
CuraGen
Corporation

text: CuraGen

text: CuraGen

text: Celldex

text: Celldex

text: Celldex

text: CuraGen

text: Celldex

text: Celldex

text: Celldex

text: Celldex

text: Celldex

text: Celldex

text: Celldex

text: Celldex


text:
EX-99.1
5
e40469ex99_1.htm
PRESS RELEASE DATED OCTOBER 21, 2010
Exhibit 99.1
Investor Calls
Sean O'Brien
Senior Vice President
Strategy & Communications
(404) 262-8462
PGi Sells Fax Business to Become a Pure Play Virtual Meetings Company
Company to Use Portion of Proceeds to Reduce Debt
ATLANTA, October 21, 2010
- Premiere Global Services, Inc. (NYSE: PGI) today announced that it is focusing its strategy on virtual meetings with the completed sale of its PGiSend messaging business through the divestiture of its wholly-owned subsidiary, Xpedite Systems, LLC, and certain other assets to EasyLink Services International Corporation (NASDAQ: ESIC) for $105 million in cash.
PGi intends to use a portion of the proceeds from the transaction to repay certain borrowings under its credit facility, including retiring its $50 million Term A loan, and to pay certain transaction fees and closing costs. The company currently intends to continue its investment strategy of pursuing strategic acquisitions and opportunistically repurchasing shares of its common stock.
"The global meetings and collaboration market is growing in size and importance, and it's clear why. Today, meetings fuel both business and our daily lives", said Boland T. Jones, PGi founder, chairman and CEO. "Meetings that were initially reserved for corporate executives have become a cultural phenomenon, and virtual collaboration technologies are now paramount in getting business done".
"By selling our fax business, we can now focus
one hundred percent of our time, attention and resources on furthering our lead
in the virtual meetings market", continued Jones. "PGi is pouring
all of our creativity into new technologies that enable people to collaborate
and come together in more enjoyable and productive ways. We are thrilled with
the positive customer reaction to our next generation collaboration product,
iMeet
®
- the first of many new innovations to come".
About Premiere Global Services, Inc. |
PGi
PGi is a global software and services company that enables real-time, virtual meetings. For almost 20 years, we have innovated technologies to empower people to connect, collaborate and come together in more enjoyable and productive ways. Every month, we bring together over 15 million people in nearly 4 million virtual meetings. Headquartered in Atlanta, PGi has a presence in 24 countries worldwide and an established base of greater than 30,000 customers, including 75% of the
Fortune
100. For more information, visit us at
www.pgi.com
.
# # #
Statements made in this press release, other than
those concerning historical information, should be considered forward-looking
and subject to various risks and uncertainties. Such forward-looking statements
are made pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and are made based on management's
current expectations or beliefs as well as assumptions made by, and information
currently available to, management. A variety of factors could cause actual
results to differ materially from those anticipated in Premiere Global Services,
Inc.'s forward-looking statements, including, but not limited to, the
following factors: competitive pressures, including pricing pressures;
technological changes; the development of alternatives to our services; general
domestic and international economic, business or political conditions; risks
associated with challenging global economic conditions or a prolonged recession,
including customer consolidations, restructuring, bankruptcies or payment
defaults; market acceptance of our new services and enhancements, including
iMeet; our ability to complete acquisitions and successfully integrate acquired
operations; concerns regarding the security of sending information over the
Internet and public networks; our ability to upgrade our equipment or increase
our network capacity; service interruptions; our dependence on
telecommunications supply agreements; our ability to service financial leverage;
our dependence on our subsidiaries for cash flow; future write-downs of goodwill
or other intangible assets; assessments of income, sales and other taxes for
which we have not accrued; our ability to attract and retain key personnel; our
ability to protect our proprietary technology and intellectual property rights;
our ability to successfully manage the impact of the divestiture of our PGiSend
business, including any financial impact from the loss of PGiSend revenue or
earnings; possible adverse results of pending or future litigation or
infringement claims; federal, state or international legislative or regulatory
changes, including further government regulations applicable to traditional
telecommunications service providers; risks associated with international
operations and fluctuations in currency exchange rates; changes in and the
successful execution of restructuring and cost reduction initiatives and the
market reaction thereto and other factors described from time to time in our
press releases, reports and other filings with the SEC, including but not
limited to the "Risk Factors" sections of our Annual Report on Form
10-K for the year ended December 31, 2009 and our Quarterly Report on Form 10-Q
for the quarter ended March 31, 2010. All forward-looking statements
attributable to us or a person acting on our behalf are expressly qualified in
their entirety by this cautionary statement.

text: PGi

text: Premiere Global Services, Inc.

text: PGI

text: Xpedite Systems, LLC

text: PGi

text: PGi

text: PGi

text: Premiere Global Services, Inc.

text: PGi

text: PGi

text: PGi

text:
Premiere Global Services,
Inc.


text:
EX-99.1
13
ex991pressrelease.htm
EXHIBIT 99.1
Ex. 99.1 Press Release
EXHIBIT 99.1
18100 Von Karman Avenue
Suite 500
Irvine, CA 92612
949.852.0700
NEWS RELEASE
Contact: Jennifer Franklin
Phone: 949.333.1721
Email: jfranklin@steadfastcmg.com
STEADFAST APARTMENT REIT ENTERS SOUTH CAROLINA WITH $66.8 MILLION PURCHASE REIT Acquires 702-Unit Apartment Community Near Greenville
IRVINE, Calif., July 7, 2015 - Steadfast Apartment REIT announced today the acquisition of Arbors at Brookfield, a 702-unit apartment community in Mauldin, S.C., less than eight miles from the Greenville CBD, for $66.8 million. The acquisition marks Steadfast Apartment REIT's entry into South Carolina and it has now invested more than $687 million in 18 apartment communities in nine states.
"Arbors at Brookfield is a strong addition to the Steadfast Apartment REIT portfolio", said Ella Neyland, president of Steadfast Apartment REIT. "Located in a thriving submarket with positive fundamental gains, we believe it represents a quality asset with untapped potential".
Constructed in four phases between 1989 and 1997 on 50 acres, Arbors at Brookfield comprises 35 two- and three-story buildings, in addition to multiple clubhouses, a fitness center, three swimming pools, a sand volleyball court, a business center, tennis courts, a dog park and media room. One-, two- and three-bedroom units ranging from 800 to 1,400 square feet in 11 different floorplans offer residents flexible living options. Select apartment homes are upgraded with wood-burning fireplaces, sunrooms, exterior storage closets and pantry closets. Arbors at Brookfield is currently 94.9% occupied with an average rent of $766.
Steadfast Apartment REIT plans to upgrade the units at Arbors at Brookfield with new appliances, countertops, flooring, plumbing fixtures, hardware and new doors and cabinet boxes. In addition to interior upgrades, moderate enhancements and upgrades will be made to the model unit, leasing office, volleyball court, tennis courts and fitness center. One of the clubhouses will be converted into a resident relations center.
The city of Mauldin is located within the Greenville-Anderson-Mauldin MSA-the largest MSA in the state-and is sustained by a strong employment pool and expanding economies. New developments have occurred in close proximity to Arbors at Brookfield, including the construction of the 300,000-square-foot TD Bank campus and the Millennium Campus, a 500-acre project that is expected to cater to technology-driven industries. Served by I-385, Mauldin enjoys close proximity to Greenville, which is the North American headquarters for Hubbell Lighting, PerceptIS and Michelin.
About Steadfast Apartment REIT
Steadfast Apartment REIT intends to acquire and operate a diverse portfolio of well-positioned, institutional-quality apartment communities in targeted markets throughout the United States that have demonstrated high occupancy and income levels across market cycles.
Steadfast Apartment REIT is sponsored by Steadfast REIT Investments LLC, an affiliate of Steadfast Companies, an Orange County, Calif.-based group of affiliated real estate investment and operating companies that acquire, develop and manage real estate in the U.S. and Mexico.
This release contains certain forward-looking statements. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of Steadfast Apartment REIT's annual report on Form 10-K and other reports filed with the Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and the company undertakes no obligation to update any such statements that may become untrue because of subsequent events. Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES.

text: STEADFAST APARTMENT REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Ella Neyland

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT

text: Steadfast Apartment REIT


text:
EX-99.1
4
a11-26315_1ex99d1.htm
EX-99.1
Exhibit 99.1
FINAL
VF COMPLETES ACQUISITION OF THE TIMBERLAND COMPANY
Transformative Acquisition Creates $10 Billion Apparel & Footwear Powerhouse
Anchored in Outdoor & Action Sports
Acquisition Expected to add $700 Million to Revenues and $.45* to EPS in 2011
New Leadership Structure Announced
*excluding acquisition related expenses
Greensboro, NC - September 13, 2011 - VF Corporation (NYSE: VFC),
a global leader in branded lifestyle apparel, announced today that it has completed its previously announced acquisition of The Timberland Company ("Timberland") for $43 per share and a total consideration of $2.3 billion.
With $1.4 billion in revenues in 2010, Timberland, a global, growing outdoor footwear and apparel company based in Stratham, N.H., will become part of VF's Outdoor & Action Sports coalition. Timberland and Smartwool will remain headquartered in Stratham and Steamboat Springs, Colorado, respectively.
"This is a tremendously exciting day for VF. We are delighted to officially welcome
Timberland®
and
Smartwool®
to VF's family of brands", said Eric Wiseman, VF Chairman and Chief Executive Officer. "This acquisition strengthens VF's position within the outdoor industry by adding two strong, global, and authentic brands with significant momentum and growth opportunities. VF is committed to helping the
Timberland®
and
Smartwool®
brands reach their global growth potential, while maintaining each brand's unique essence".
"Today marks the beginning of a very exciting chapter for Timberland", said Jeff Swartz, former Timberland President and Chief Executive Officer. "I am confident that while our ownership structure has changed, what makes Timberland unique and special will not. VF has an enviable track record of allowing its brands to execute their distinct strategic visions. This is the right time to take the
Timberland®
and
Smartwool®
brands to the next level, and VF - which is as passionate about building brands as we are - is the right partner for us".
The Timberland acquisition is expected to be immediately accretive to VF's earnings per share, by approximately $.45 in 2011, excluding acquisition related expenses. Inclusive of these expenses, the earnings accretion would be about $.25 per share. It is also expected to add about $700 million to VF's 2011 revenues.
VF has completed its acquisition financing with the issuance on August 24th of $400 million in floating rate notes due 2013 and $500 million of 3.5% notes due 2021. The balance of the acquisition price has been funded through a combination of cash on hand and commercial paper.
New Leadership Structure
Patrik Frisk, 48, who has been serving since 2009 as President, VF Outdoor & Action Sports EMEA, has been named President of Timberland. He will report to Steve Rendle, Group President, VF Outdoor & Action Sports Americas. In his new role, Patrik will serve as the global leader for the
Timberland®
brand, working in partnership with international leaders across both Europe and Asia to deliver the brand's full growth potential. He will be relocating to the Stratham area in the near future.
Richard O'Rourke, 58, will continue as Senior Vice President, International, with responsibility for the
Timberland®
brand in the EMEA and Asia and for global distributors. O'Rourke will continue to be based in Wexham, U.K., and will report to Karl Heinz Salzburger, Group President, VF International.
Mark Satkiewcz, 43, will continue to lead Smartwool as President of Smartwool Americas, and remain in Steamboat Springs. He will also report to Rendle.
Each of these leaders will be supported by strong teams of well-established leaders within the Timberland and Smartwool organizations.
Additionally, Carden Welsh, Senior Vice President & Chief Administrative Officer and a member of Timberland's Board of Directors, who has provided critical insight and strategic direction to the company for the past four years, has agreed to stay through December. He will serve as an Executive Advisor to both Rendle and Frisk.
Jeff Swartz is leaving Timberland to pursue other interests. In addition to Swartz, there are two other departures from the company. Carrie Teffner, Vice President and Chief Financial Officer, who has been with Timberland since 2009, will leave the company in September. Danette Wineberg, Vice President, General Counsel and Secretary, is also departing this month, following a 14-year career with the company.
"The Swartz family and the company's leadership team have built strong outdoor brands that share an equally strong commitment to their people, their communities and the environment", Wiseman said. "We thank Jeff, Carrie and Danette for their leadership and all they have done for Timberland, and we wish them great success in the future".
Rendle commented: "We are fortunate to have such a broad and diverse base of exceptional talent within both the Timberland and Smartwool organizations. Combined with the substantial global resources of VF, we have a winning formula for growth." Added Salzburger, "With over half its revenues coming from international markets, Timberland is already well-positioned as a global brand. We look forward to leveraging VF's platforms in both Europe and Asia to drive both the Timberland and Smartwool businesses to new heights".
Statement on Forward Looking Statements
Certain statements included in this release are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting VF and therefore involve a number of risks and uncertainties. We caution that forward-looking statements are not guarantees and that actual results could differ
materially from those expressed or implied in the forward-looking statements. Potential risks and uncertainties that could cause the actual results of operations or financial condition of VF to differ materially from those expressed or implied by forward-looking statements in this release include the overall level of consumer demand for apparel; the level of consumer confidence; VF's ability to successfully integrate and grow acquisitions; fluctuations in the price, availability and quality of raw materials and contracted products; disruption and volatility in the global capital and credit markets; VF's reliance on a small number of large customers; the financial strength of VF's customers; changing fashion trends and consumer demand; increasing pressure on margins; VF's ability to implement its growth strategy; VF's ability to grow its international and direct-to-consumer businesses; VF's ability to maintain the strength and security of its information technology systems; stability of VF's manufacturing facilities and foreign suppliers; continued use by VF's suppliers of ethical business practices; VF's ability to accurately forecast demand for products; continuity of members of VF's management; VF's ability to protect trademarks and other intellectual property rights; maintenance by VF's licensees and distributors of the value of VF's brands; foreign currency fluctuations; and legal, regulatory, political and economic risks in international markets. More information on potential factors that could affect VF's financial results is included from time to time in VF's public reports filed with the Securities and Exchange Commission, including VF's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
About VF
VF Corporation is a global leader in branded lifestyle apparel with more than 30 brands, including
Wrangler
â, The North Faceâ, Timberlandâ
, Lee
â, Vansâ
,
Nautica
â, 7 For All Mankindâ, Eagle Creekâ, Eastpakâ
, Ella Moss
â
, JanSport
â
, John Varvatos
â
, Kipling
â
, lucy
â
, Majestic
â
, Napapijri
â
, Red Kap
â
, Reef
â
, Riders
â, Smartwoolâ and Splendidâ.
# # #
Contacts:
Financial Community:
Cindy Knoebel, CFA
VP, Corporate Relations
VF Services
(212) 841-7141/(336) 424-6189
cindy_knoebel@vfc.com
Media:
Carole Crosslin
Director, Corporate Communications
(336) 424-7836
carole_crosslin@vfc.com

text: VF

text: THE TIMBERLAND COMPANY

text: VF Corporation

text: The Timberland Company

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: Carrie Teffner

text: Danette Wineberg

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF

text: VF Corporation

text: VF

text: Carole Crosslin


text:
EX-99.1
3
mis_8k053199.htm
PRESS RELEASE DATED JUNE 1, 2006 REPORTING ACQUISITION OF SMITH SERVICES
Unassociated Document
Exhibit
99.1
FOR
IMMEDIATE RELEASE
MISCOR
Group Acquires Smith Services of Alabama, Inc.
Deal
Expands Capacity, Geographic Reach in Electric Motor Repair for Major
Industry
SOUTH
BEND, Ind., June 1, 2006
-
MISCOR
Group, Ltd., coming off its initial public offering last month, today announced
the completion of a key acquisition that bolsters its growing industrial
services division. Magnetech Industrial Services, Inc., a wholly owned
subsidiary of MISCOR, has acquired the operating assets of electric motor and
industrial services provider Smith Services of Alabama, Inc. The acquisition
of
Saraland, Ala.-based Smith Services was completed yesterday. Terms were not
disclosed.
MISCOR,
the South Bend, Ind.-based provider of electrical contracting and industrial
services, said the acquisition increases its capacity and service staff, expands
its reach into the Gulf Coast region and adds a client roster of prestigious
Fortune 500 customers. Like Magnetech, Smith Services provides electric motor
repair, preventative maintenance and refurbishment for major industrial
companies such as utilities and manufacturers.
"Smith
Services of Alabama is a high-quality, well-run operation that will fit nicely
into our growing industrial services business", said John A. Martell, President
and CEO of MISCOR Group. "When combined with our Mobile Service Shop, the
addition of Smith Services further establishes Magnetech as a leading provider
of electric motor repair in the greater Gulf Coast region".
Michael
M. Maiuri, President and Chief Operating Officer of Smith Services, Inc., parent
company of Smith Services of Alabama, added: "This sale is a win-win, as it
allows us to focus all of our resources and efforts on our service businesses
in
Princeton, West Virginia, while ensuring our Alabama-based staff and customers
are well-served under the Magnetech banner".
Magnetech
said it will retain the service staff and repair facility of Smith Services
of
Alabama, and expects to use the operation as a hub to serve customers in
Alabama, Louisiana, Tennessee, Florida and Georgia.
Martell
added: "The addition of Smith Services fits our acquisition model, which is
based on strategic alignment, growth potential and the ability to be accretive.
We are pleased to be able to expand our service capability and customer base
with this deal, and we will continue to seek additional organic growth and
acquisition opportunities to achieve our goal of being the nation's leading
industrial services provider in our niches".
MISCOR
recently completed an initial public registration of its common stock on Form
S-1, which was deemed effective by the Securities and Exchange Commission on
May
12, 2006. The Company is currently pursuing a listing on the OTC Bulletin Board.
About
MISCOR
Formerly
known as Magnetech Integrated Services Corp., MISCOR conducts operations through
three principal subsidiaries: Magnetech Industrial Services, Inc., which is
primarily engaged in providing maintenance and repair services to industry
for
electric motors, lifting magnets and power distribution systems; Martell
Electric, LLC which provides a wide range of electrical contracting services
for
industrial, commercial and institutional customers; and HK Engine Components,
LLC which manufactures, repairs and engineers power assemblies for large diesel
engines.
Forward
Looking Statements
This
press release includes "forward-looking statements" within the meaning of the
safe harbor provisions of the United States Private Securities Litigation Reform
Act of 1995. Forward-looking statements in this press release include
expectations about the anticipated benefits of the acquisition, which involve
risks and uncertainties that could cause actual results to differ materially
from results expressed or implied by these statements. Factors that might cause
or contribute to such differences include, but are not limited to: difficulties
encountered in integrating merged businesses and the ability to successfully
combine service offerings and customer acceptance of combined services. For
further discussion of these and other risks and uncertainties, individuals
should refer to the Company's SEC filings. MISCOR Group, Ltd. undertakes no
obligation and does not intend to update these forward-looking statements to
reflect events or circumstances occurring after this press release. You are
cautioned not to place undue reliance on these forward-looking statements,
which
speak only as of the date of this press release. All forward-looking statements
are qualified in their entirety by this cautionary statement.
Contact:
Noel
Ryan, Jeff Lambert
Lambert,
Edwards & Associates, Inc.
(616)
233-0500 nryan@lambert-edwards.com
###

text: SMITH SERVICES

text:
MISCOR
Group

text: Smith Services of Alabama, Inc.

text:
MISCOR
Group, Ltd.

text: MISCOR

text: Smith Services of Alabama, Inc.

text: Smith Services

text: MISCOR

text: Smith Services

text: John A. Martell

text: MISCOR Group

text: Smith Services

text:
Michael
M. Maiuri

text: Smith Services

text: Smith Services

text: MISCOR

text: MISCOR

text: MISCOR

text: MISCOR Group, Ltd.


text:
EX-99.1
2
a06-24696_2ex99d1.htm
EX-99
Exhibit
99.1
China Unistone Acquisition Corp. Announces Consumation of Merger with
Yucheng Technologies
Monday November 27, 12:04 pm ET
NEW YORK-(BUSINESS WIRE)-On November 24, 2006, China Unistone
Acquisition Corporation, a Delaware corporation (OTCBB:CUAQ - News; "China
Unistone"), a public company organized for the purpose of acquiring businesses
in China, consummated a merger with Yucheng Technologies Limited, a British
Virgin Islands company and wholly owned subsidiary of China Unistone ("Yucheng"),
in which Yucheng was the surviving company. At the same time, Yucheng acquired
Ahead Billion Venture Limited ("Sihitech BVI") and Port Wing Development
Company Limited ("e-Channels BVI") from their respective stock holders.
Sihitech BVI owns Beijing Sihitech Co. Ltd. and its subsidiaries, all of which
operate in the Peoples Republic of China ("PRC"), and e-Channels BVI owns
Beijing e-Channels Century Technology Co., Ltd., which operates in the PRC. The
merger of China Unistone and Yucheng and the acquisition of Sihitech BVI and
e-Channels BVI were pursuant to a stock purchase agreement dated December 20,
2005, as amended ("Agreement"), among China Unistone, certain shareholders of
China Unistone, Yucheng and the stockholders of Sihitech BVI and e-Channels
BVI. At the closing of the merger and acquisition, the stockholders of Sihitech
BVI and e-Channels BVI were issued an aggregate of 5,328,320 ordinary shares of
Yucheng and paid an aggregate of $4,000,000, of which $250,000 was retained by
China Unistone as security for its indemnification rights.
In the merger of China Unistone with and into Yucheng, the China
Unistone stockholders received one ordinary share of Yucheng for each
outstanding share of common stock of China Unistone that they held. In the
merger, Yucheng assumed the other outstanding securities of China Unistone,
including the common stock purchase warrants of China Unistone. The common
stock purchase warrants will be exercisable exactly as before, except that
ordinary shares of Yucheng now will be issued. The stock and warrant
certificates of China Unistone will continue to represent the ordinary shares
and warrants of Yucheng, but a stockholder may exchange a China Unistone stock
or warrant certificate for one representing the Yucheng shares or warrants at
any time. The equivalent of the certificate of incorporation and by-laws of
Yucheng will govern the affairs of the corporation. The China Unistone 2006
Performance Equity Plan, which was approved by the shareholders of China
Unistone, was also assumed by Yucheng.
Questions and inquiries for further information may be directed to
James Preissler, Chief Financial Officer and Secretary, of China Unistone
Acquisition Corporation. He can be reached via telephone at 646-383-4832.
Forward-Looking Statements
This press release includes forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995 that involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking statements,
based upon the current beliefs and expectations of China Unistone's management,
are subject to risks and uncertainties, which could cause actual results to
differ from the forward-looking statements.
The following factors, among others, could cause actual results to
differ from those set forth in the forward-looking statements: approval of the
acquisition by the stockholders of the companies; the number and percentage of
China Unistone stockholders voting against the proposed acquisition and seeking
conversion; the number and percentage of China Unistone's stockholders
abstaining from any vote; the
10
operating of a business in China; the competitive environment in the
financial services industry in China, as well as other relevant risks detailed
in China Unistone's filings with the Securities and Exchange Commission. The
information set forth herein should be read in light of such risks. China
Unistone assumes no obligation to update the information contained in this
press release.
Contact:
China Unistone Acquisition
Corporation
James Preissler, 646-383-4832
Chief Financial Officer and Secretary
jpreissler@cuacgroup.com
11

text: China Unistone Acquisition Corp.

text: Yucheng Technologies

text:
China Unistone
Acquisition Corporation

text: Yucheng Technologies Limited

text: Yucheng

text: Yucheng

text: Yucheng

text: Ahead Billion Venture Limited

override: organization

text:
Port Wing Development
Company Limited

text: Yucheng

text: Yucheng

text: Yucheng

text: Yucheng

text: Yucheng

text: Yucheng

text: Yucheng

text: Yucheng

text: Yucheng

text: Yucheng

text: Yucheng

text: James Preissler

text:
China Unistone
Acquisition Corporation

text:
China Unistone Acquisition
Corporation

text: James Preissler


text:
EX-99.1
4
exhibit991.htm
EXHIBIT 99.1 PRESS RELEASE
Exhibit 99.1 Press Release
News
Release
FOR
IMMEDIATE RELEASE
November
1, 2007
COMPANY
CONTACT:
Checkpoint
Systems, Inc.
Craig
Burns
Executive
Vice President,
Chief
Financial Officer and Treasurer
(856)
848-1800
INVESTOR
RELATIONS
CONTACTS:
Christine
Mohrmann, Bob Joyce
FD
(212)
850-5600
FOR
IMMEDIATE RELEASE
CHECKPOINT
SYSTEMS, INC. ANNOUNCES ACQUISITION
Acquisition
of Alpha S3 Business Creates Leader in Shrink Management
Solutions
Thorofare,
New Jersey, November 1, 2007 - Checkpoint Systems, Inc. (NYSE:
CKP),
a
leading manufacturer and marketer of identification, tracking, security and
merchandising solutions for the retail industry and its supply chain, today
announced that it has acquired the S3 business from Alpha Security Products.
The
all-cash transaction is valued at approximately $142 million subject to
post-closing working capital adjustments, plus additional performance-based
consideration of $8 million if certain financial performance measures are met.
The acquisition is expected to be accretive by several cents to Checkpoint's
earnings per share in 2008.
The
Alpha
S3 product portfolio is a
comprehensive line of security solutions designed to protect high-theft
merchandise in an open-display retail environment. These items are particularly
vulnerable to the growing problem of organized retail theft (ORT), which costs
the U.S. retail industry an estimated $30 to $37 billion per year. The product
portfolio combines extremely well with Checkpoint's leading source tagging
program. While the source tagging program targets high-volume, mid- and
high-risk items, the Alpha line of secure merchandising solutions targets the
most critical high-theft items. Together, source tagging and secure
merchandising result in a complete merchandise protection solution for
retailers. When combined with its EAS systems expertise, compliance tools and
professional staff, Checkpoint believes it offers the most comprehensive line
of
Shrink Management Solutions available to retailers globally.
Checkpoint
has acquired all of the assets associated with Alpha's S3 business, including
the Alpha brand, approximately 150 employees and its manufacturing facility
in
Ohio. For the full year 2007, Alpha's
S3 business is expected to generate approximately $65 million in revenue and
approximately $16 to $17 million of EBITDA.
Alpha
Security Products will be renamed InVue Security Products and will retain its
Secure Fixtures and POD product lines.
The
Alpha
S3 product range is the only single-key solution on the market, and it works
hand in hand with all EAS technologies. It enables Checkpoint to immediately
offer additional benefits to all retailers and brand manufacturers worldwide.
Checkpoint is already successfully selling Alpha S3 solutions in several
European markets.
"With
Alpha S3 now part of Checkpoint's suite of products, Alpha S3 customers will
continue receiving the high-quality products and service they have come to
expect, while also benefiting from greater access to additional solutions
through a larger, global network", noted Jim Sankey, CEO of Alpha Security
Products.
George
Off, Chairman and Chief Executive Officer, Checkpoint Systems, added, "Alpha S3
expands our offering as we evolve from our core business as a leading provider
of Electronic Article Surveillance solutions to a provider of a full line of
Shrink Management Solutions to the retail community. We welcome Alpha's track
record of developing innovative products for the protection of high theft
merchandise, which will strengthen Checkpoint's position as a market leader. New
and existing customers will benefit from our expanded suite of solutions, and
Checkpoint can leverage its global distribution network to further enhance
Alpha
S3's market potential. Financially, the acquisition adds a complementary product
line that has seen strong sales and earnings growth".
Checkpoint
Systems, Inc.
Checkpoint
Systems, Inc. is the leading supplier of retail shrink management solutions.
Checkpoint's global team helps retailers - and their suppliers - reduce theft,
increase inventory visibility and provide consumers with greater merchandise
availability through the company's rapidly evolving RF technology, expanding
shrink management offerings and Check-Net labeling solutions. Checkpoint has
more than one million RF devices installed in stores today and has secured
more
than 100 billion products. Scaling cost efficiently, Checkpoint's solutions
provide increased revenues and profits to a fast-growing community of successful
retailers and a superior experience for their consumers. Listed on the NYSE
(NYSE:CKP), Checkpoint operates in every major geographic market and employs
3,200 people worldwide. For more information, visit www.checkpointsystems.com.
Caution
Regarding Forward-Looking Statements
This
press release includes information that constitutes forward-looking statements.
Forward-looking statements often address our expected future business and
financial performance, and often contain words such as "expect", "anticipate,"
"intend", "plan", believe", "seek", or "will." By their nature, forward-looking
statements address matters that are subject to risks and uncertainties. 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: our ability to integrate the acquisition of the Alpha
S3
business and to achieve our financial and operational goals for Alpha S3;
changes in international business conditions; foreign currency exchange rate
and
interest rate fluctuations; lower than anticipated demand by retailers and
other
customers for our products; slower commitments of retail customers to chain-wide
installations and/or source tagging adoption or expansion; possible increases
in
per unit product manufacturing costs due to less than full utilization of
manufacturing capacity as a result of slowing economic conditions or other
factors; our ability to provide and market innovative and cost-effective
products; the development of new competitive technologies; our ability to
maintain our intellectual property; competitive pricing pressures causing profit
erosion; the availability and pricing of component parts and raw materials;
possible increases in the payment time for receivables as a result of economic
conditions or other market factors; changes in regulations or standards
applicable to our products; the ability to implement cost reduction in field
service, sales, and general and administrative expense, and our manufacturing
and supply chain operations without significantly impacting revenue and profits;
our ability to maintain effective internal control over financial reporting;
and
additional matters disclosed in our Securities and Exchange Commission filings.
We do not undertake to update our forward-looking statements, except as required
by applicable securities laws.
###

text:
Checkpoint
Systems, Inc.

text:
CHECKPOINT
SYSTEMS, INC.

text: Alpha

text: S3 Business

text: Checkpoint Systems, Inc.

text: S3 business

text: Alpha Security Products

text: Alpha

text: Alpha

text: Alpha

text: S3 business

text: Alpha

text: Alpha

text: S3 business

text:
Alpha
Security Products

text: Alpha

text: Alpha

text: Alpha

text: Alpha

text: Jim Sankey

text:
Alpha Security
Products

text:
George
Off

text: Alpha

text: Alpha

text: Alpha

text:
Checkpoint
Systems, Inc.

text:
Checkpoint
Systems, Inc.

text: Alpha

text:
S3
business

text: Alpha


text:
EX-99.1
2
pton-precorclosing.htm
EX-99.1
Document
PELOTON COMPLETES PRECOR ACQUISITION
With acquisition, Peloton will establish U.S. manufacturing footprint, and anticipates enhancing R&D capabilities, and accelerating the growth of commercial verticals
New York, NY - April 1, 2021 -- Peloton (NASDAQ:PTON), the leading interactive fitness platform, today announced that it has officially closed the acquisition of Precor, one of the largest global commercial fitness equipment providers with a significant U.S. manufacturing presence. With this acquisition, Peloton establishes its U.S. manufacturing capacity, anticipates boosting research and development capabilities with Precor's highly-skilled team and accelerating Peloton's penetration of the commercial market. Peloton plans to produce connected fitness products in the United States before the end of the calendar year 2021.
"This is a major milestone for Peloton and our global community", said William Lynch, Peloton's President. "We've spent the last few months learning more about Precor's relentless focus on the customer experience and we're now even more enthusiastic about welcoming this talented team to Peloton. Now with Peloton and Precor, we believe we're even better positioned to achieve our goal of bringing the best experience in connected health and fitness to more people around the world".
Precor President Rob Barker will continue to lead Precor and become CEO, Precor and General Manager, Peloton Commercial, reporting to Lynch.
"The next few months are going to be some of the most exciting as Precor and Peloton work together to build for the future and empower more people to live the lives they desire", said Barker. "With Peloton Commercial, we expect we'll be able to not only continue our relationship with our current customers, but scale the Peloton experience that millions of people have at home to even more hotels, campuses, and multifamily residences".
Transaction Details
Peloton acquired Precor for $420 million in cash, subject to customary adjustments for working capital, transaction expenses, cash and indebtedness. The acquisition of Precor was announced on December 21, 2020.
Forward Looking Statement
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, which involve risks and uncertainties. These forward-looking statements include, but are not limited to, statements related to the expected benefits of the transaction, including but not limited to, the expected acceleration of Peloton and Precor strategies, the expected enhancement in research and development capabilities and the expected acceleration in the penetration of Peloton's commercial market; any statements regarding Peloton's future intention with Precor; statements regarding the anticipated timing to produce connected fitness products in the United States; and any other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. You can identify these statements by the use of terminology such as "believe", "expect", "will", "should", "could", "estimate", "anticipate" or similar forward-looking terms. You should not rely on these forward-looking statements as they involve risks and uncertainties that may cause actual results to vary materially from the forward-looking statements. Factors that might contribute to such differences include, among others, the risk of stockholder litigation in connection with the transaction; the retention of Precor employees and Peloton's ability to successfully integrate the Precor business; risks inherent in the achievement of anticipated synergies and the timing thereof; our ability to attract and retain our connected fitness product and digital subscription base; our limited operating history; our ability to anticipate and satisfy consumer preferences; the effects of the highly competitive market in which we operate; market acceptance of our connected fitness products; our ability to successfully develop and timely introduce new products and services; our ability to accurately forecast consumer demand and adequately manage our inventory; our ability to maintain the value and reputation of the Peloton brand; a decrease in sales of our Bike; the continued growth of the connected fitness market; the loss of any one of our third-party suppliers, manufacturers, or logistics partners; our ability to achieve our objectives and our strategic and operational initiatives; litigation and related
costs; the impact of privacy and data security laws; and other general market, political, economic, and business conditions.
For more information regarding the risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements, as well as risks relating to our business in general, we refer you to the "Risk Factors" section of our Securities and Exchange Commission (SEC) filings, including our most recent Form 10-K and 10-Q, which are available on the Investor Relations page of our website at https://investor.onepeloton.com/investor-relations and on the SEC website at www.sec.gov.
All forward-looking statements contained herein are based on information available to us as of the date hereof and you should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance, or achievements. We undertake no obligation to update any of these forward-looking statements for any reason after the date of this press release or to conform these statements to actual results or revised expectations, except as required by law. Undue reliance should not be placed on forward-looking statements.
About Peloton
Peloton is the leading interactive fitness platform, with a loyal community of more than 4.4 million Members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that encourage its Members to be the best versions of themselves. An innovator at the nexus of fitness, technology, and media, Peloton has reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, and world-class streaming digital fitness and wellness content, creating a product that its Members love. The brand's immersive content is accessible through the Peloton Bike, Bike+, Tread, Tread+ and Peloton App, which allows access to a full slate of fitness classes across disciplines, on any iOS or Android device, Apple TV, Fire TV, Roku TVs, and Chromecast and Android TV. Founded in 2012 and headquartered in New York City, Peloton has a growing number of retail showrooms across the U.S., UK, Canada and Germany. For more information, visit www.onepeloton.com.
About Precor
Precor, a unit of Peloton and headquartered in Greater Seattle, WA, has been a pioneer in delivering fitness experiences for commercial customers and exercisers for more than 40 years. Precor serves more than 100 countries worldwide with offices in the Americas, EMEA, and APAC and operates two U.S.-based manufacturing locations. Precor products and services span across all major categories, including cardio, strength, functional fitness, group training, and connected solutions. In 2020, Precor reached the milestone of recording one billion workouts in its Preva® fitness cloud. That number represents more than 140,000 connected units in over 13,000 facilities. On average, Precor exercisers record more than 20 million minutes of workouts each day as recorded by the Precor digital platform Preva®. Precor segments include commercial clubs/facilities and the verticals of Hospitality, Multi-family Housing, Corporate, and Education. For more information, visit www.Precor.com.
MEDIA CONTACTS
Amelise Lane
Peloton Corporate Communications
press@onepeloton.com
Christopher "Skip" Wilson
Precor Global Communications
Christopher.Wilson@Precor.com

text: PELOTON

text: PRECOR

text: Peloton

text: Peloton

text: Precor

text: Peloton

text: Precor

text: Peloton

text: Peloton

text: Peloton

text: Peloton

text: Precor

text: Peloton

text: Peloton

text: Precor

text: Precor

text: Precor

text: Precor

text: Peloton

text: Precor

text: Peloton

text: Peloton

text: Peloton

text: Peloton

text: Precor

text: Precor

text: Peloton

text: Precor

text: Peloton

text: Peloton

text: Precor

text: Precor

text: Peloton

text: Precor

text: Peloton

text: Peloton

text: Peloton

text: Peloton

text: Peloton

text: Peloton

text: Peloton

text: Peloton

text: Precor

text: Precor

text: Peloton

text: Precor

text: Precor

text: Precor

text: Precor

text: Precor

text: Precor

text: Peloton

text: Precor


text:
EX-99.1
2
ex99-1.htm
Exhibit
99.1
FTE
Networks Announces Strategic Sale of CrossLayer, Inc.
Divestiture
marks key development in reoriented corporate strategy
NEW
YORK, Jan. 23, 2020 -
FTE Networks, Inc. (NYSE American: FTNW) ("FTE" or the "Company"), today
announced that it has completed the sale of CrossLayer, Inc., to Wyoming-based special management company CBFA Corporation. The
transaction closed on January 16
th
and marks a reaffirming step forward in FTE's strategic plans to stimulate
revenue growth and shareholder value in 2020.
As
outlined in an FTE shareholder letter and release distributed earlier this month, a new board of directors and management team
has been in place since October 2019. They have been tasked with exploring strategic alternatives that will improve the Company's
long-term financial health and operational effectiveness. This team determined that this transaction enables leadership to create
value for all shareholders, improve business operations, and promote sustainable growth in revenues and profitability.
Forward
Looking Statements
This
release may contain "forward-looking statements" within the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. Generally, forward-looking statements can be identified by the use of forward-looking
terminology such as "believe", "will", "intends", "expects", and may include statements
regarding matters that involve known or unknown risks, uncertainties and other factors that may cause our results, levels of activity,
performance or achievements to differ materially from results expressed or implied by this release. Forward-looking statements
are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations,
and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and market
trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to
inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our
control. These risk factors and others are included from time to time in documents we file with the Securities and Exchange Commission,
including but not limited to, our Form 10-K's, Form 10-Q's and Form 8-K's. Our actual results and financial
condition may differ materially from those indicated in the forward-looking statements. Accordingly, you should not place undue
reliance on these forward-looking statements. Any forward-looking statement made by us in this release is based only on information
currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any
forward-looking statement, whether as a result of new information, future developments or otherwise.
About
FTE Networks, Inc.
FTE Networks, Inc. ("FTE")
through its subsidiary US Home Rentals, owns, operates and invests in affordable rental housing in tier 3 and 4 markets. Single
family home rentals (SFR) is large, growing and attractive market. Nationally, home rentals are growing faster than home ownership.
With a portfolio of more than 3,000 affordable rental homes across several states, FTE is one of the few companies that
has a strong and established portfolio of assets for the affordable rental housing market.
For
more information, please contact:
Doug
Hesney, Makovsky
dhesney@makovsky.com
Corporate
Contact:
FTE
Networks, Inc.
237
W. 35
th
Street, Suite 601
New
York, NY 10001
(877)
850-4308
ir@ftenet.com

text:
FTE
Networks

text: CrossLayer, Inc.

text: FTE Networks, Inc.

text: CrossLayer, Inc.

text: CBFA Corporation

text: FTE Networks, Inc.

text: FTE Networks, Inc.

text:
FTE
Networks, Inc.


text:
EX-99.3
4
ex99-3.htm
EXHIBIT 99.3
ex99-3.htm
Exhibit 99.3
FOR IMMEDIATE RELEASE
Bel Fuse Inc.
206 Van Vorst Street
Jersey City, NJ 07302
www.belfuse.com
tel 201.432.0463
fax 201.432.9542
Investor Contact:
Neil Berkman Associates
(310) 477-3118
info@berkmanassociates.com
Company Contact:
Daniel Bernstein
President
ir@BelFuse.com
Bel Names Eric Nowling To Its Board of Directors
JERSEY CITY, NEW JERSEY,
July 30, 2014...
BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB)
announced today that Eric Nowling has been appointed to the company's Board of Directors. Mr. Nowling's appointment increases the number of Board members to ten, including nine outside Directors.
Daniel Bernstein, Bel's President and CEO, said, "With 35 years of accounting and financial management experience at public companies substantially larger than Bel, we believe that Eric Nowling is exceptionally well-qualified to join our Board as we continue to grow through acquisitions. Bel has made three major acquisitions in the past 16 months that will double our sales going forward".
Eric Nowling, 57 years old, currently is Vice President of Global Accounting for Verint Systems Inc., a NASDAQ-listed company based in Melville, New York with annual revenue of approximately $1 billion generated by multiple global operating entities. Previously, he served as Vice President, Controller and Chief Accounting Officer, and for several years as CFO, for Standard Microsystems Corporation.
Mr. Nowling holds a B.S. degree in Economics (magna cum laude), from the University of Pennsylvania's Wharton School of Business and is a CPA in the State of New York.
About Bel
Bel (
www.belfuse.com
) is engaged in the design, manufacture, and sale of products used in aerospace, data transmission, military, transportation, and consumer electronics. Bel's product groups include Magnetic Solutions (discrete components, power transformers and MagJack® connectors with integrated magnetics), Power Solutions and Protection (AC-DC power supplies, DC-DC converters, custom designs, miniature, micro, surface mount and resettable fuses) and Connectivity Solutions (micro, circular, filtered D Sub, fiber optic, RF connectors, microwave components, passive jacks, plugs and cable assemblies). The Company operates facilities around the world.
* * * * *

text: Bel Fuse Inc.

text: Daniel Bernstein

text: Bel

text: BEL FUSE INC.

text: Daniel Bernstein

text: Bel

text: Bel

text: Bel

text: Verint Systems Inc.

text: Bel

text: Bel

text: Bel