text:
EX-99.1
2
a4953431ex991.txt
CITRIX SYSTEMS, INC. EXHIBIT 99.1
Exhibit 99.1
Citrix Completes Acquisition of NetScaler;
Delivers the "Best Access Experience" to Any Resource
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 16, 2005--Citrix Systems, Inc.
(Nasdaq:CTXS), the global leader in access infrastructure solutions, today
announced it has completed the acquisition of privately held NetScaler Inc., a
global leader in high-performance application networking. The transaction is
valued at approximately $300 million in cash and stock and includes the
assumption of approximately $23 million in unvested stock options.
This acquisition strengthens Citrix's customer value proposition by
improving the performance of any application delivered through the Citrix Access
Platform, the industry's most complete and integrated system that seamlessly
connects users, devices, and networks to enterprise resources. NetScaler
accelerates the performance of Web browser-based applications and e-commerce and
consumer Web sites by as much as 15 times.(a) NetScaler technologies will
enhance the Citrix Access Platform by significantly improving application
security, manageability, reliability, and availability of any application while
lowering the cost of operations.
"With this acquisition, we are extending our best access experience value
to the entire range of Web-based applications, including enterprise,
browser-based, XML Web services, and others", said Mark Templeton, president and
chief executive officer for Citrix.
"With the addition of the Citrix NetScaler Application Accelerator and
Application Switch, the Citrix Access Platform can significantly optimize the
customer's entire set of client/server, Web, desktop, or legacy enterprise
resources. This reduces their IT costs through increased server scalability and
availability, reduced back-end server loads, and increased network bandwidth
efficiency, all while increasing user satisfaction and productivity".
NetScaler, with approximately 200 employees, including research and
development teams in Silicon Valley and India, will continue to operate from San
Jose, Calif., as the Application Networking Group of Citrix. B.V. Jagadeesh,
previously president and chief executive officer for NetScaler, will now report
to Mark Templeton as group vice president and general manager.
In early 2003, Citrix outlined a strategy to expand its coverage of the
overall Access Infrastructure category by penetrating into adjacent high-growth
markets such as collaboration and VPN. Since that time, Citrix has completed
three acquisitions of best-of-breed companies. In 2004, Citrix acquired
Expertcity, now the Online Group, moving the company into the real-time
collaboration, desktop access and on-demand assistance market segments. Citrix
also acquired Net6, now the Gateways Group, extending Citrix's reach in the SSL
VPN (secure socket layer virtual private network) and IP (internet protocol)
telephony market segments. NetScaler is the latest acquisition, adding
innovative application networking technologies, including application
acceleration & optimization; application traffic management, and application
security. These technologies will allow end users to access enterprise resources
faster; they'll improve the service levels that IT departments provide to the
organizations they support; and they'll increase agility for businesses that run
on the Citrix Access Platform.
About Citrix
Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader in access
infrastructure and the most trusted name in secure access. More than 160,000
organizations around the world use the Citrix Access Platform to provide secure,
well-managed access to business information wherever it lives - on demand.
Citrix customers include 100% of the Fortune 100 companies, 99% of the Fortune
500 and 97% of the Fortune Global 500, as well as hundreds of thousands of
smaller businesses and individuals. Based in Fort Lauderdale, Florida, Citrix
has offices in 22 countries and approximately 6,200 channel and alliance
partners in more than 100 countries. For more information visit
http://www.citrix.com.
For Citrix Investors
This release contains forward-looking statements which are made pursuant to
the safe harbor provisions of Section 21E of the Securities Exchange Act of
1934. The forward-looking statements in this release do not constitute
guarantees of future performance. Investors are cautioned that statements in
this press release, which are not strictly historical statements, including,
without limitation, statements concerning the terms and anticipated benefits of
the acquisition, statements concerning the application networking and access
infrastructure markets, statements concerning products and technology including
statements concerning the Citrix Access Platform and the performance of and
speed of access to applications, statements concerning integration plans,
statements concerning expectations as to product demand and market growth, and
management's plans, objectives and strategies, constitute forward-looking
statements. Such forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially from those
anticipated by the forward-looking statements, including, without limitation,
the reaction of customers of Citrix and NetScaler to the acquisition; Citrix's
timing and ability to successfully integrate NetScaler's products, domestic and
international operations (including migration of NetScaler to Citrix's systems
and controls) and employees; the introduction of new products by competitors or
the entry of new competitors into the markets for Citrix's and NetScaler's
products; the failure by Citrix to retain key employees of NetScaler; failure to
further develop and successfully market NetScaler's technology and products;
costs related to the acquisition; the success of the company's product lines;
the company's product concentration and its ability to develop and commercialize
new products and services; failure to achieve anticipated revenues and profits
from acquisitions; the success of investments in foreign operations and vertical
and geographic markets; the company's ability to successfully integrate the
operations and employees of acquired companies, and the possible failure to
achieve anticipated revenues and profits from acquisitions; the company's
ability to maintain and expand its core business in large enterprise accounts;
the company's ability to attract and retain small sized customers; the size,
timing and recognition of revenue from significant orders; the effect of new
accounting pronouncements on revenue and expense recognition; the company's
reliance on and the success of the company's independent distributors and
resellers for the marketing and distribution of the company's products and the
success of the company's marketing and licensing programs, including the Advisor
Rewards program; increased competition; changes in the company's pricing
policies or those of its competitors; management of operations and operating
expenses; charges in the event of the impairment of assets acquired through
business combinations and licenses; the management of anticipated future growth
and the recruitment and retention of qualified employees; competition and other
risks associated with the market for our Web-based access, training and customer
assistance products; as well as risks of downturns in economic conditions
generally; political and social turmoil; and the uncertainty in the IT spending
environment; and other risks detailed in the company's filings with the
Securities and Exchange Commission. Citrix assumes no obligation to update any
forward-looking information contained in this press release or with respect to
the announcements described herein.
Citrix(R) is a registered trademark of Citrix Systems, Inc. in the U.S. and
other countries. NetScaler (TM) is a trademark of NetScaler, Inc.
(a) Based on application performance improvements as reported by
independent third party tests conducted by Tata Consultancy Services (TCS).
CONTACT: Citrix Systems, Inc., Fort Lauderdale
Investor Inquiries: Jeff Lilly, 954-267-2886
jeff.lilly@citrix.com
or
Media Inquiries: Eric Armstrong, 954-267-2977
eric.armstrong@citrix.com
or
A&R Partners
Eric Jones, 212-905-6154
ejones@arpartners.com

text: CITRIX

text: Citrix

text: NetScaler

text: Citrix

text: NetScaler Inc.

text: Citrix

text: Citrix

text: NetScaler

text: NetScaler

text: Citrix

text: Mark Templeton

text: Citrix

text: Citrix

text: NetScaler

text: Citrix

text: NetScaler

text: Citrix

text: NetScaler

text: Mark Templeton

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: NetScaler

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: NetScaler

text: Citrix

text: NetScaler

text: NetScaler

text: Citrix

text: Citrix

text: NetScaler

text: Citrix

text: NetScaler

text: NetScaler

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text: Citrix

text: Citrix

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text: Citrix


dataset: buster

text:
EX-99.1
2
a07-14637_1ex99d1.htm
EX-99.1
Exhibit 99.1
The Inventure Group Acquires Rader Farms
PHOENIX, Ariz. May 17,
2007 - The Inventure Group, Inc. (Nasdaq: SNAK)
today announced the Company
has acquired substantially all of the assets of Rader Farms, Inc.
(www.raderfarms.com), a leading grower, processor and marketer of premium
frozen blueberries, raspberries, berry blends and other fruit products based in
Lynden, Washington, for approximately $21 million in cash.
The acquisition provides The
Inventure Group access to a growing specialty food category with a
best-in-class business that generated approximately $27 million in 2006 net
revenues. Rader Farms is expected to
benefit from the Inventure Group's extensive customer relationships,
operational knowledge, and management and board experience in the frozen food
segment.
"Rader
Farms provides The Inventure Group an exciting new growth platform in a
specialty food category with compelling growth potential based on shifting
consumer eating habits and health trends", commented Mr. Eric Kufel, President
and CEO of The Inventure Group. "Our
vision for the Company is to build a diverse lineup of specialty better-for
you, natural/organic and indulgent food brands that meet evolving consumer
needs. The addition of Rader Farms is a major step forward for the Company as
we begin to diversify our brand and product mix to include natural and
better-for-you brands in a variety of specialty food categories".
"This
is a major step forward for our company", commented Brad Rader, General Manager
of Rader Farms. "We have grown
dramatically over the past five years and look forward to further growth by
continuing to provide consumers the highest quality frozen berries possible and
supporting our customers with world-class service. The Inventure Groups' financial and IT
resources and infrastructure, as well as their customer service, supply chain
and manufacturing experience will help us better serve our customers and
support their growth initiatives".
Why enter the frozen fruit
category?
Frozen fruit met all of The
Inventure Group's criteria for entering a new category, including strong
likelihood of long-term category growth due to shifting consumer eating habits
and health trends, category scale appropriate in size for the Inventure Group
and category competitive dynamics that allow the Company to better leverage its
organizational and manufacturing competencies as well as its extensive customer
penetration.
The frozen fruit category is
a growing specialty food segment with total U.S. food, drug and mass merchandiser
category sales up 8.4% to $347 million for the 52 week period ended February
24, 2007. Frozen berries and berry
blends are two of the fastest growing segments in the frozen fruit category,
with growth rates in excess of the category rate.
According to the
Produce for Better Health Foundation
, fruit consumption
increases as consumers age. The current
demographic trend of aging baby-boomers, combined with the well publicized
health benefits of blueberries and raspberries, as well as shifting eating habits
toward healthier meals and snacking are expected to result in continued frozen
fruit category growth, especially amongst berries with strong health benefits.
The frozen fruit category
possesses many similarities to the Inventure Group's current potato chip
business. The Inventure Group has
extensive experience working with farmers to grow and procure potatoes
throughout the western United States, processing them into fried snacks
compared to flash freezing frozen fruit, then packaging finished products with
identical packaging machines and then selling and shipping products to
retailers in nearly identical manners.
The Inventure Group
management team and board have extensive experience in frozen food and fruit,
including management experience with brands such as Minute Maid and Tropicana
frozen and fresh juices, fresh Del Monte fruit and Haagen-Dazs Ice Cream.
Why Rader Farms?
The Inventure Group sought
out acquisition candidates capable of becoming growth platforms in new
better-for-you and natural/organic specialty food categories. Acquisition criteria included talented
management, growth potential, strong track record of revenue and profit growth,
immediately accretive earnings, best-in-class branding and quality and
proprietary intellectual capital. Rader
Farms met all the criteria as their strong track record of growth, talented
management and six decades of experience growing and producing premium product
quality berries combined to create a compelling new growth platform for the
Inventure Group.
Family operated since 1941,
Rader Farms possesses proprietary intellectual capital in berry farming and
processing. Brad Rader, who will lead
the business as its General Manager, along with parents Lyle and Sue Rader,
transformed Rader Farms' berry farming operation into one of the leading
vertically integrated growers, processors and marketers of premium branded and
private label IQF (individual quick frozen) berries and berry blends in the
United States.
Financial impact
The purchase price of
approximately $21 million will be funded by debt and existing cash. The transaction is expected to result in
immediately accretive earnings.
A conference call to discuss
this acquisition in further detail will be held today, May 17 at 4:00pm
EST. A slide presentation will also be
available as supporting documentation.
Any investor or interested individual can listen to the teleconference.
To participate, please call toll-free
800-395-0708 approximately five minutes prior to the indicated start time. Participants will be able to simultaneously
view the slides during the call. To view
the supporting slides while listening to the call, please log on to
www.inventuregroup.net and click on the investors' home page. The slide presentation will be available 10
minutes prior to the start time of the conference call.
Approximately two hours after the live presentation, a webcast will be
completed and posted for replay at www.inventuregroup.net. This presentation will be available for one
year following the presentation date.
About
The Inventure Group, Inc.
With facilities in Indiana and Arizona, The Inventure Group is a
marketer and manufacturer of
Intensely Different™
better-for-you, natural/organic and indulgent specialty food brands under a
variety of owned or licensed brand names, including
T.G.I.
Friday's®
,
Rader Farms
®,
Poore Brothers®
,
Boulder Canyon Natural
Foods™, Tato Skins®
and
Bob's Texas Style®.
For further information about The Inventure Group or this release, please
contact Steve Weinberger, Chief Financial Officer, at (623) 932-6200, or logon
to http://www.inventuregroup.net.
2
Statements contained in this
press release that are not historical facts are forward looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Because such statements include risks and
uncertainties, actual results may differ materially from those expressed or
implied by such forward-looking statements.
Factors that may cause actual results to differ from the forward-looking
statements contained in this press release and that may affect the Company's
prospects in general include, but are not limited to, the potential need for
additional financing; acquisition-related risks, including integration of
operations, diversion of management's time and attention, unanticipated
expenditures and continuation of relationships with significant customers;
significant competition; customer acceptance of new products; dependence upon
major customers; dependence upon existing and future license agreements;
general risks related to the food products industry; and such other factors as
are described in the Company's filings with the Securities and Exchange
Commission.
3

label: organization

text: Inventure Group

text: Rader Farms

text: The Inventure Group, Inc.

text: Rader Farms, Inc.

text: Rader Farms

text:
Rader
Farms

label: person

text: Eric Kufel

text: Rader Farms

text: Rader Farms

text: Rader Farms

text:
Rader
Farms

text: Rader Farms

text: Rader Farms

text: The Inventure Group, Inc.

text: Rader Farms

text: Steve Weinberger

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
4
dex991.htm
PRESS RELEASE, DATED MARCH 28, 2006
Press Release, dated March 28, 2006
Exhibit 99.1
News Release
For Immediate Release
For more information, contact:
PECO II
Sandra A. Frankhouse
Chief Financial Officer and Treasurer
Tel:
419-468-7600
Delta Group
Jesse Chou
Director of Public Relations
Tel: 886-2-87972088 #5520
jesse.chou@delta.com.tw
PECO II CLOSES TRANSACTION WITH DELTA GROUP
.
PECO II acquires Delta Group's U.S. and Canadian Service Provider Business
.
Delta Group becomes PECO II's largest shareholder
GALION,
Ohio, March 28, 2006 - PECO II, Inc. (Nasdaq: PIII), a full-service provider of engineering and installation on-site services and a manufacturer of communications power systems and equipment to the communications industry, announced today the
closing of its Delta transaction, which followed the approval made by PECO II shareholders at the March 21, 2006 special shareholders meeting.
"With this important milestone, PECO II enhances its ability to serve its customers", said John Heindel, president and chief executive officer. "Delta's worldclass technology and manufacturing resources complement PECO
II's strong customer service, system design and system integration capabilities, making this an outstanding combination".
"This is a great
milestone for Delta. Delta and PECO II are committed to being a leader in the global telecom power business", said Albert Chang, general manager of Delta's Power System Business Group II. "The synergy of our alliance will result in
enhanced products, services and sales, and a much more competitive enterprise".
On October 13, 2005, PECO II and the Delta Group signed a
definitive agreement pursuant to which PECO II agreed to acquire exclusive rights to certain business and inventory for Delta Group's U.S. and Canadian Telecom Power Division in exchange for an equity position in PECO II that enables Delta to
become PECO II's largest shareholder. Additionally, the transaction included the execution of a supply agreement that will allow PECO II to access Delta's substantial engineering capabilities and high-quality, cost-effective component
manufacturing for its power systems.
Delta will utilize its advanced technology and global manufacturing capabilities to supply PECO II with key hardware
components. The companies will also work jointly in developing next-generation power products and systems for the wireless and wireline telecommunications needs of their customers.
About PECO II, Inc.
PECO II, headquartered in Galion, Ohio, provides engineering and on-site installation services and designs, manufactures and markets communications power systems and power distribution equipment. As the largest independent full-service
provider of telecommunications power systems, the Company provides total power quality and reliability solutions, and supports the power infrastructure needs of communications service providers in the local exchange, long-distance, wireless,
broadband and Internet markets. Additional information about PECO II can be found at http://www.peco2.com.
About Delta Group
Delta Group is the world's largest provider of switching power supplies and a major source for power management solutions, components, visual displays, industrial
automation, networking products, and new energy. Established in 1971, Delta Group has sales offices worldwide and manufacturing plants in Taiwan, Thailand, China, Mexico and Europe. As a global leader in power electronics, Delta is committed to the
environment and has implemented green, lead-free production and recycling and waste management programs for many years. Delta's mission continues to be: "To provide innovative energy-saving products for a better quality of life." More
information about Delta Group can be found at http://www.deltaww.com.; for details about Corporate Social Responsibility, please visit www.delta.com.tw/environment/csr_main.asp
Forward-Looking Statements
Statements in this release that are not historical fact are forward-looking statements,
which involve risks and uncertainties that may cause actual results or events to differ materially from those expressed or implied in such statements.
This release contains time-sensitive information that reflects management's best analysis only as of the date of this release. PECO II does not undertake any obligation to publicly update or revise any forward-looking statements to
reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements can be found in PECO
II's periodic filings with the Securities and Exchange Commission.
# # #

text: PECO II

text: Sandra A. Frankhouse

text: Jesse Chou

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: John Heindel

text:
PECO
II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text: PECO II

text:
PECO
II


text:
EX-99.2
4
ex99-2.htm
Exhibit 99.2
Contacts:
Tripp Sullivan
SCR Partners
(615) 760-1104
TSullivan@scr-ir.com
Plymouth Industrial REIT Completes First UPREIT Transaction
with the Closing of Two Properties in Indianapolis for $16.9 Million
BOSTON-(August 14, 2017) Plymouth Industrial
REIT, Inc. (NYSE American: PLYM) completed the previously announced acquisition of two Class B industrial properties in Indianapolis,
Indiana for total consideration of $16.875 million. The purchase price includes approximately $8.8 million in cash, which was funded
from borrowings on the Company's new secured revolving credit facility, and the issuance of 425,150 units of Plymouth's
Operating Partnership valued at $19.00 per share. The properties are projected to provide an initial yield of 8.5%.
Located in Shadeland I-70 Business Park one mile from
the major interchange of I-70 and I-495, the properties are 94% leased and comprised of a 562,497-square-foot building and a 44,374-square-foot
building. The largest of the five tenants include Pratt Visual Solutions, a provider of graphic communications solutions, and MicroMetl,
a manufacturer of HVAC accessories, which together account for 89% of the space.
About Plymouth
Plymouth is a full service real estate investment company
structured as a vertically integrated, self-administered and self-managed real estate investment trust focused on the acquisition,
ownership and management of single and multi-tenant industrial properties, including distribution centers, warehouses and light
industrial properties, primarily located in secondary and select primary markets across the United States. The company seeks to
acquire properties that provide current operating income with the opportunity to enhance shareholder value through property re-positioning,
capital improvements and restructuring tenant leases.
Forward-Looking Statements
This press release
includes "forward-looking statements"
that are made pursuant to the safe harbor provisions of Section 27A of
the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release
do not constitute guarantees of future performance. Investors are cautioned that statements in this press release, which are not
strictly historical statements, including, without limitation, statements regarding management's plans, objectives and strategies,
constitute forward-looking statements. Such forward-looking statements are subject to a number of known and unknown risks and uncertainties
that could cause actual results to differ materially from those anticipated by the forward-looking statement, many of which may
be beyond our control.
Forward-looking statements generally can be identified by the use
of forward-looking terminology such as "may", "plan", "seek", "will", "expect,"
"intend", "estimate", "anticipate", "believe" or "continue" or the
negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as
of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to
reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
###

text: Plymouth Industrial REIT

text:
Plymouth Industrial
REIT, Inc.


text:
EX-99.1
3
ex99_1.htm
CleanSpark, Webcor &
Sungevity Complete Phase I of First Commercial Microgrid
832 kW System Developed
at Ram's Hill Golf Course in Borrego Springs, CA
PR Newswire
SALT LAKE
CITY, Aug. 18, 2016
SALT
LAKE CITY, Aug. 18, 2016 /PRNewswire/ -- Cleanspark, LLC, as part of Stratean (OTC: SRTN), the developer of a patented and
revolutionary "stratified" downdraft gasifier, today announced the company has completed Phase I of its first commercial
microgrid in partnership with Webcor, a San Francisco-based
builder, and Sungevity, a leading solar service provider.
The
832kW solar system with distributed controls, located at the Ram's Hill Golf Course in Borrego
Springs, features a highly advanced monitoring intelligence platform. In addition an upgrade
to consolidate property loads for a private behind-the-meter 12kV infrastructure was deployed that enables plug and play capabilities
in the future such as energy storage integration and additional microgrid functionality. The Rams Hill installation was completed
in five months and is expected to save approximately $300,000 per year with an eight-year return on investment from the project.
With the intelligence platform already delivering cost savings information, that return is expected to drop further in the coming
six months.
"The
system installed by the microgrid team has performed beyond our expectations. We are very happy with our partnership with Webcor
and CleanSpark and look forward to the continuing development of our power system", said Becky Holeman, CFO of Rams Hill.
Matthew Schultz,
Chief Executive Officer of Stratean, Inc., commented, "We are excited about completing the first phase of this project. Sungevity
and Webcor are phenomenal partners. We believe the ROI is extremely compelling for our customers not only as a result of solar
energy generation, but also due to our superior intelligence platform that will deliver significant value on its own. We look forward
to communicating future projects and developments in the near term".
About CleanSpark
CleanSpark
offers advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges.
By integrating new and existing energy generation and storage assets with advanced load management capacities, CleanSpark's software
allows energy generated locally to be shared with other interconnected microgrids. This unique capability enables microgrids to
be scaled and widely adopted for commercial, industrial, military, municipal, and remote community deployment.
For
more information on CleanSpark, please visit http://www.cleanspark.com.
About Stratean,
Inc.
From
the trash can to the gas can, Stratean, Inc. has successfully designed, engineered, manufactured and patented a revolutionary "stratified"
downdraft gasifier. Our partners, such as Petersen, Inc., ICON Renewables, Combustion Resources and others have worked with us
to create a logical solution for profitably handling MSW, Coal, Plastics, Municipal Sewage and many other feedstocks. All
with ZERO airborne emissions. We've aligned ourselves with research universities such as Utah State University, The University
of Utah, and BYU to certify and maximize the efficiencies and production of our technology. To learn more, visit http://www.stratean.com/.
About
Webcor Builders
San
Francisco-based Webcor Builders was founded in 1971, and is widely recognized as one of the nation's leading general contractors.
Recently named both the 2014 California Contractor of the Year and one of the top green construction companies in the U.S. by the
Engineering News-Record, Webcor is known for its innovative and efficient approach to construction, wide range of experience, cost-effective
design/build methodology, skills in concrete construction, and expertise in building landmark projects. For more information,
please visit http://www.webcor.com.
About Sungevity
Sungevity,
Inc. is a technology-driven solutions provider, offering exceptional service and choice to residential and commercial solar energy
customers. Sungevity's asset-light business model focuses on value-added in-house services for software platform development,
project management and customer experience; this focus is enabled by a strong, scalable network of third-party providers for asset-intensive
and/or lower margin provision of hardware, installation services and financing. Sungevity's disruptive and competitive model
delivers greater value directly to customers and, for stockholders, captures immediate financial value at the time of sale.
Information
about Forward-Looking Statements
Statements
in this press release relating to plans, strategies, testing and operational performance, projections of results of specific activities
and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. This release contains "forward-looking statements" that include information
relating to future events and future financial and operating performance. The words "may", "would", "will,"
"expect", "estimate", "can", "believe", "potential" and similar expressions and
variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee
of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance
or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or
management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could
cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.
Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company's
products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the
impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength
to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States
Securities and Exchange Commission (the "SEC"). For a more detailed description of the risk factors and uncertainties
affecting the Company, please refer to the Company's recent SEC filings, which are available at http://www.sec.gov.
The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise.
Website:
http://www.stratean.com
Contact:
Investor Relations:
Brett Maas, Managing Partner, Hayden IR,
(646) 536-7331, brett@haydenir.com
To
view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cleanspark-webcor--sungevity-complete-phase-i-of-first-commercial-microgrid-300315184.html
SOURCE Stratean,
Inc.
2

text: Webcor

text: Cleanspark, LLC

text: Webcor

text: Webcor

text: Becky Holeman

text: Matthew Schultz

text: Webcor

text: Webcor

text: Webcor

text: Webcor

text: Brett Maas


text:
EX-99.1
2
exhibit991-20131205.htm
EXHIBIT 99.1
EXHIBIT 99.1-2013.12.05
For Immediate Release
Exhibit 99.1
Contact:
Jerry Daly
Dennis Craven
Daly Gray Public Relations
Chief Financial Officer
jerry@dalygray.com
dcraven@cl-trust.com
(703) 435-6293
(561) 227-1386
Chatham Lodging Acquires SpringHill Suites in Savannah, Georgia's
Downtown Waterfront Historic District
SAVANNAH, Ga.,/PALM BEACH, Fla., December 5, 2013-Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that it has acquired the 160-room SpringHill Suites by Marriott Savannah Downtown/Historic District for $39.8 million, plus customary acquisition and closing costs.
Chatham funded the purchase with available cash and borrowings on its secured revolving credit facility. Following the acquisition, the company's leverage ratio is 37 percent, calculated as net debt to hotel investment at cost. Chatham currently has the capacity to make incremental acquisitions in the range of $150-$200 million on its balance sheet.
The purchase price represents a forward 12- month capitalization rate of approximately 8.5 percent based on the hotel's projected net operating income. Year-to-date through September 30, 2013, the hotel's RevPAR is up nearly 6 percent to $113. The SpringHill Suites is the newest hotel within Savannah's landmark waterfront Downtown/Historic District. Constructed under the strict guidelines of the Historic District's Preservation Plan and the Savannah Metropolitan Planning Commission, the hotel blends in well with the neighborhood, which is characterized by meticulously restored buildings. The Historic District is considered the largest National Historic Landmark District in the United States and is ranked as one of the Top 10 City Destinations in the United States attracting more than 50 million visitors in the past decade.
"Despite the current competitive transaction climate in the lodging industry, we continue to source high quality acquisitions in off-market transactions through our extensive industry relationships", said Jeffrey H. Fisher, Chatham's chief executive officer. "This hotel matches our strategy perfectly with its infill location, recent construction in 2009, high barriers to new competition and strong, growing demand. Similar to our downtown Portland, Maine Hampton Inn and Suites, demand at this hotel is consistently strong for leisure travelers year-round, due to its great location. The hotel also attracts the corporate traveler segment, which seeks a premium-branded hotel in a great location within the beautiful Historic District".
The hotel is situated within a short walking distance of Savannah's City Market and River Street - prime entertainment areas within the Historic District. The property sits directly across the street from the Savannah Civic Center and is proximate to the Savannah College of Art and Design (SCAD), which was the driving force in the redevelopment and renaissance of the Historic District, now encompassing more than two million square feet in more than 60 facilities throughout the city.
The hotel's location is expected to benefit from nearby development, both planned and underway. The hotel is proximate to the Port of Savannah, the nation's second busiest container port, which is completing a $650 million expansion to deepen the Savannah River and expand the harbor, enabling the Port to serve the larger Post-Panamax vessels in 2015. In addition, the proposed Savannah Cultural Arts Center is planned across the street from the hotel.
The 160-suite hotel features solid concrete construction, an underground parking garage and a brick/stucco exterior. All of the units feature separate living and sleeping areas, microwave, mini-fridge and flat-panel television with high-definition channels. Amenities at the hotel include a heated outdoor pool, expansive fitness center, 2,645 square feet of meeting space and valet parking.
"Since December 2012, we have significantly enhanced our portfolio's asset quality, acquiring seven hotels with an average age of less than four years in very desirable locations for approximately $260 million", said Peter Willis, Chatham's chief investment officer. "These are top-quality assets with excellent operating fundamentals and significant upside potential. We have a very active and deep pipeline of prospective targets and intend to use capacity on our balance sheet to continue to acquire hotels that meet our strict underwriting criteria".
The SpringHill Suites by Marriott Savannah Downtown/Historic District is managed by Island Hospitality Management (IHM), which is 90 percent owned by Mr. Fisher.
About Chatham Lodging Trust
Chatham Lodging Trust is a self-advised REIT that was organized to invest in upscale extended-stay hotels and premium-branded, select-service hotels. The company owns interests in 77 hotels totaling 10,686 rooms/suites, comprised of 25 hotels it wholly owns with an aggregate of 3,591 rooms/suites in 15 states and the District of Columbia and holds a minority investment in two joint ventures that own 52 hotels with an aggregate of 7,095 rooms/suites. Additional information about Chatham may be found at www.chathamlodgingtrust.com.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 about Chatham Lodging Trust, including statements regarding future plans, strategies, performance, acquisitions, capital expenditures, future operating results and the timing and composition of revenues, among others, and statements containing words such as "expects", "believes" or "will", which indicate that those statements are forward-looking. Except for historical information, the matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results or performance to differ materially from those discussed in such statements. Additional risks are discussed in the company's filings with the Securities and Exchange Commission.

text: Chatham Lodging

text: Chatham Lodging Trust

text: Chatham Lodging Trust

text: Chatham Lodging Trust

text: Chatham Lodging Trust


text:
EX-99.1
2
ex99-1.htm
ex99-1.htm
Exhibit 99.1
Caldera Resources Inc.
CIBC Tower
1155 Blvd. René-Levesque West
Suite 2500
Montreal, Québec H3B 2K4
CANADA
Tel: 514-380-5310
Fax: 514-221-4386
Caldera Resources and Global Gold Receive Final TSX-V Approval to Proceed with Joint Venture Agreement
NI 43-101 Report on the Marjan Gold Project filed on SEDAR and Companies' web site
Symbol: TSX-V: CDR
Shares: 26,723,333
Symbol: OTCBB: GBGD
Shares: 41,152,856
MONTREAL, June 17, 2010
- Caldera Resources Inc. and Global Gold Corporation announced today that they have received TSX Venture Exchange acceptance of their filing documents relating to the joint venture agreement announced on March 24, 2010. A copy of the NI 43-101 report outlining historical resources on the Marjan Gold and Silver project, located in the Republic of Armenia, is now available for viewing on SEDAR and on the Companies' web sites at
www.calderaresources.com
and
www.globalgoldcorp.com
.
Caldera has already completed payments totalling US$150,000 to Global Gold Corporation as per the joint venture agreement. With this approval now in place, Caldera will proceed to issue 500,000 common shares from treasury to complete the transaction.
Under the Joint Venture Agreement, Caldera will hold 55% of the Joint Venture and be responsible for all operations and expenses in the advancement of the Marjan Gold Project. For more information on the joint venture agreement between Global Gold Corporation and Caldera Resources Inc., please refer to our press releases of December 21, 2009 at
http://cnw.ca/en/releases/archive/December2009/21/c4944.html
and March 24, 2010 at
http://cnw.ca/en/releases/archive/March2010/24/c4645.html
.
On a further note, Caldera would also like to announce that the first phase of the summer program on the Marjan Gold project has been completed and samples will be shipped for analysis before the end of the month to the fully certified and accredited UK based Alex Stewart Geochemical Analytical LLC, located in Moscow, Russia. Lab results will be announced as soon as they are available and are expected in early August.
The second phase of the summer work program will include the completion of an electromagnetic survey of the project to outline the extensions of the mineralized system, in preparation of a drilling program to commence by the end of the summer.
The Marjan Gold and Silver Project
The Marjan Gold-Silver project has two distinct zones, referred to as the Northern Zone and the Central Zone. The Northern Zone was also explored between 1991 and 1992 by the Sisian Geological Exploration Group, Yerevan, Armenia.
The Central Zone of the Marjan Project was extensively explored between 1964 and 1989, and has Soviet-era GKZ standard resources as outlined below:
1
Historical Resources
Marjan Central Zone only
tonnes
Gold
Silver
Gold oz
Silver oz
C1 and C2 resources
4,772,757
2.64 g/t
92.67 g/t
405,147
14,211,588
P1 resources
3,211,843
2.35 g/t
93.42 g/t
242,696
9,647,922
The resource estimate was published by Poghosyan N. F. in a 1995 report titled Marjan Gold-Silver-Polymetallic Property, State Committee for Reserves of Armenia, Sisian Geological Exploration Group, Yerevan, Armenia. Blocks of all categories are defined using a dry density of 2. 87 g/cm3, a minimum thickness of 0.4 metres, and a cut-off of 1.2 g/t of Gold.
In our recent review of historical resources on the Northern Zone, we have confirmed a historical Soviet-era GKZ standard resource, calculated by State Committee for Reserves of Armenia, Sisian Geological Exploration Group, Yerevan, as follows:
Historical Resources
Marjan Northern Zone only
tonnes
Gold
Silver
Gold oz
Silver oz
P1 resources
5.77 M
2.18 g/t
148.46 g/t
404,456
27,543,865
The total C1 and C2 historical resources of the Marjan project contains 405,147 oz of Gold and 14M oz of Silver. The total P1 historical resource of the Marjan project contains 647,152 oz of Gold and 37M oz of Silver.
According to the Committee for Mineral Reserves International Reporting Standards (CRIRSCO), "C1
″
and "C2
″
classifications are equivalent to "indicated" and "inferred" resources(http://www.crirsco.com/guidelines_consultation_draft20100312.pdf).
Resources identified as P1 and P2 can be considered in the "Inferred" and "Mineralized Zone" categories respectively, as defined by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) in their document "Estimation of Mineral Resources and Mineral Reserves Best Practices Guidelines" (
http://www.cim.org/committees/CIMDefStds_Dec11_05.pdf
).
The Marjan Gold-Silver Project was reviewed by Mr. Ricardo Valls, P.Geo., independent geologist for Caldera during his trip to Armenia in December 2009 and follow-up trip in April 2010. Mr. Valls, P.Geo. visited Global Gold's core-shack and staff, as well as both the Central and Northern Zones of the Marjan Gold-Silver Project.
About Caldera
The Corporation's main business is the acquisition, exploration and development of gold projects in South-eastern Europe and Armenia. Caldera is currently developing the Marjan Gold-Silver Project in southern Armenia.
2
About Global Gold Corporation
Global Gold Corporation
www.globalgoldcorp.com
is an international gold mining, development, and exploration company headquartered in Greenwich, CT. Global Gold has mining properties in Armenia and Chile.
Qualified Person
Mr. Jim Steel, MBA, P.Geo., Vice-President Mining and Development for the Corporation, is the Qualified Person for the information contained in this press release and is a Qualified Person within the meaning of NI 43-101.
Disclaimer
Cautionary Note to U.S. Investors
- All mineral reserves have been estimated and disclosed in accordance with the definition standards on mineral resources and mineral reserves of the Republic of Armenia State Natural Resources Agency as provided by the Republic of Armenia's Regulation for Applying Reserves Classification for Gold Deposits. U.S. reporting requirements for disclosure of mineral properties are governed by the United States Securities and Exchange Commission "SEC" Industry Guide 7. Armenian, International, and Guide 7 standards may not be consistent. The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. We use terms such as "reserves", "resources", "geologic resources", "proven", "probable", "measured", "indicated", or "inferred", which may not be consistent with the reserve definitions established by the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-K. You can review and obtain copies of these filings from our website or at www.sec.gov/edgar.shtml. Investors are cautioned not to assume that any part or all of mineral resources will ever be confirmed or converted to Guide 7 compliant "reserves".
Forward-looking Statements
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Former Soviet country estimations are presented for historical reporting and to provide a basis for assessing Global Gold's and Caldera's choices for its business activities and not to be understood as indicating the existence of reserves or resources.
Additional information related to the Corporation is filed electronically on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
3
For further information:
Bill Mavridis
President & CEO
Caldera Resources Inc.
Cell: (514) 813-9200
bmavridis@calderaresources.com
Business Development and Investor Relations
Global Gold Corporation
(203) 422-2300
ggc@globalgoldcorp.com
Renmark Financial Communications Inc.
Barry Mire, (514) 939-3989, bmire@renmarkfinancial.com
John Boidman, (514) 939-3989, jboidman@renmarkfinancial.com
4

text: Caldera

text: Caldera

text: Caldera

text: Global Gold Corporation

text: Caldera

text: Global Gold Corporation

text: Caldera

text: Caldera

text: Global Gold Corporation

text: Caldera

text: Caldera

text: Ricardo Valls

text: Caldera

text: Caldera

text: Caldera

text: Global Gold Corporation

text: Global Gold Corporation

text: Jim Steel

text: Caldera

text: Bill Mavridis

text: Caldera

text: Global Gold Corporation


text:
EX-99.1
3
exh99-1.htm
PRESS RELEASE DATED OCTOBER 10, 2012.
exh99-1.htm
Exhibit 99.1
CD International Enterprises Sells 51% Stake in CDI Beijing Subsidiary for $1.6 Million
Remaining China Operations Now Focused Solely on Magnesium Production and Distribution
DEERFIELD BEACH, FL--(10/9/12) - CD International Enterprises, Inc. ("CD International") (OTCQB:CDII), a U.S. based company that produces, sources, and distributes industrial commodities in China and the Americas and provides business and financial corporate consulting services, announced today the sale of
our 51% interest in
CDI Beijing International Trading Co., Ltd., a PRC company ("CDI Beijing") pursuant to the terms of an Equity Transfer Agreement for approximately $1.6 million. The sale of CDI Beijing will enable us to focus our operations in China solely on its magnesium production and distribution operations.
CD International acquired its stake in CDI Beijing in 2008 for approximately $1.5 million.
Under the terms of the October 8, 2012 Equity Transfer Agreement,
Mr. Huijuan Chen, Vice President and a minority owner of CDI Beijing, acquired our 51% interest in CDI Beijing. The purchase price of $1.6 million, comprised of cash and other consideration, is payable in five installments over a four year period from September 30, 2012 to September 30, 2016, with 9% per annum interest accruing on the residual payments beginning on October 1, 2012 and payable on the final installment. The Equity Transfer Agreement and a further description of that agreement is contained in our October 10, 2012 Form 8-K filed with the Securities and Exchange Commission.
CDI Beijing recorded revenue of less than $1 million for the first nine months of fiscal 2012 and we anticipate this disposition will result in a negligible loss.
Commenting on the sale, Dr. James Wang, Chairman and CEO of CD International, stated, "We are pleased to complete the sale of CDI Beijing which will allow us to focus all of our operational efforts in China on our magnesium segment. We believe that magnesium production and distribution as a pure play in China will be a much more valuable asset to our company in the future as we look to solidify a leading position in this industry. We intend to continue on our geographic diversification plan by building our commodities distribution operations South America and focusing our U.S. based efforts on corporate management and consulting. We believe that by effectively growing these clearly defined operations, we can maximize the value of our operations in a number of strategic ways for the benefit of our company and its stockholders".
About CD International Enterprises, Inc.
CD International Enterprises, Inc. (OTCQB: CDII), is a U.S. based company that produces, sources, and distributes industrial commodities in China and the Americas and provides business and financial corporate consulting services. Headquartered in Deerfield Beach, Florida with corporate offices in Shanghai, CD International's unique infrastructure provides a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets. For more information about CD International, please visit http://www.cdii.net.
DISCLOSURE NOTICE:
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, CD International Enterprises, Inc., is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result", "are expected to", "will continue", "is anticipated", "estimated", "intends", "plans", "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding the effect on the value of our company and possible shareholder return as a result of the sale of our interest in CDI Beijing and our geographic diversification plans and our expectations regarding the value of our magnesium segment operations and our position within the magnesium industry.
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the fiscal year ended September 30, 2011.
Contact:
Contact Information:
For the Company:
CD International Enterprises, Inc.
Richard Galterio or Lillian Wong
Investor Relations
Phone: 1-877-244-6257
Email:
richard.galterio@cdii.net
lillian.wong@cdii.net

text: CD International Enterprises

text: CDI Beijing

text: CD International Enterprises, Inc.

text: CD International

text: CDI Beijing

text: CDI Beijing

text: CD International

text: CDI Beijing

text: Huijuan Chen

text: CDI Beijing

text: CDI Beijing

text: CDI Beijing

text: James Wang

text: CD International

text: CDI Beijing

text: CD International Enterprises, Inc.

text: CD International Enterprises, Inc.

text: CD International

text: CD International

text: CD International Enterprises, Inc.

text: CDI Beijing

text: CD International Enterprises, Inc.


text:
EX-99.1
2
d820046dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
Post Holdings and BellRing Brands Announce Closing of BellRing's Initial Public Offering and Full
Exercise of Underwriters' Option to Purchase Additional Shares
St. Louis - October
21, 2019
- Post Holdings, Inc.
(NYSE:POST) ("Post") and BellRing Brands, Inc. (NYSE:BRBR) ("BellRing") today announced the closing of BellRing's previously announced initial public offering of 39,428,571 shares of BellRing's Class A common stock
at a price to the public of $14.00 per share, including the exercise in full by the underwriters of their option to purchase 5,142,857 additional shares. Upon completion of the offering, Post owns approximately 71% of BellRing. BellRing's
Class A common stock began trading on October 17, 2019 on the New York Stock Exchange under the symbol "BRBR".
Morgan
Stanley & Co. LLC, Citigroup, J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC acted as the lead bookrunning managers for the offering. BofA Merrill Lynch, Barclays Capital Inc., BMO Capital Markets Corp., Credit Suisse
Securities (USA) LLC, Evercore Group L.L.C., Stifel, Nicolaus & Company, Incorporated, SunTrust Robinson Humphrey, Inc. and Wells Fargo Securities, LLC acted as bookrunning managers. HSBC Securities (USA) Inc., Nomura Securities
International, Inc., PNC Capital Markets LLC, Rabo Securities USA, Inc. and UBS Securities LLC acted as
co-managers
for the offering.
This offering was made only by means of a prospectus. A copy of the final prospectus may be obtained from Morgan Stanley & Co. LLC, Attention:
Prospectus Department, 180 Varick Street, Second Floor, New York, New York 10014; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717, or by telephone at (800)
831-9146;
J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (866)
803-9204,
or by email at
prospectus-eq_fi@jpmchase.com;
or Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at (866)
471-2526,
or by email at
prospectus-ny@ny.email.gs.com.
A registration statement relating to these securities has been
filed with, and declared effective by, the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any
jurisdiction in which such offering, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any jurisdiction.
About Post Holdings, Inc.
Post Holdings, Inc.,
headquartered in St. Louis, Missouri, is a consumer packaged goods holding company operating in the
center-of-the-store,
refrigerated, foodservice, food ingredient and convenient nutrition food categories. Through its Post Consumer Brands business, Post is a leader in the North American
ready-to-eat
cereal category offering a broad portfolio including recognized brands such as Honey Bunches of
Oats
®
, Pebbles
™
, Great Grains
®
and
Malt-O-Meal
®
bag cereal as well as private label products. Post also is a leader in the United Kingdom
ready-to-eat
cereal category with the iconic Weetabix
®
brand. As a leader in refrigerated foods, Post delivers innovative, value-added egg and
refrigerated potato products to the foodservice channel and the retail refrigerated side dish category, offering side dishes and egg, sausage and cheese products through the Bob Evans
®
, Simply
Potatoes
®
, All Whites
®
, Better'n Eggs
®
and Crystal Farms
®
brands. Post's majority owned BellRing Brands business is a holding company operating in the global convenient nutrition category through its primary brands of Premier Protein
®
, PowerBar
®
and Dymatize
®
. Post participates in the private brand food category
through its investment with Thomas H. Lee Partners in 8th Avenue Food & Provisions, a leading, private brand centric, consumer products holding company.
1
About BellRing Brands, Inc.
BellRing Brands, Inc. is a holding company operating in the global convenient nutrition category. Its primary brands, Premier Protein
®
, Dymatize
®
and PowerBar
®
, comprise all major product forms, including
ready-to-drink
protein shakes, powders and nutrition bars, and are distributed across channels including club, food, drug, mass, eCommerce, convenience and specialty.
Contact:
Investor Relations
Jennifer Meyer
jennifer.meyer@postholdings.com
(314)
644-7665
Media
Relations
Lisa Hanly
lisa.hanly@postholdings.com
(314)
665-3180
2

text: BellRing

text: BellRing Brands, Inc.

text: BellRing

text: BellRing

text: BellRing

text: BellRing

text: BellRing

text:
Morgan
Stanley & Co. LLC

text: Citigroup

text: J.P. Morgan Securities LLC

text: Goldman Sachs & Co. LLC

text: BofA Merrill Lynch

text: Barclays Capital Inc.

override: organization

text: BMO Capital Markets Corp.

text:
Credit Suisse
Securities (USA) LLC

text: Evercore Group L.L.C

text: SunTrust Robinson Humphrey, Inc.

text: Wells Fargo Securities, LLC

text: HSBC Securities (USA) Inc.

text:
Nomura Securities
International, Inc.

text: PNC Capital Markets LLC

text: Rabo Securities USA, Inc.

text: UBS Securities LLC

text: Morgan Stanley & Co. LLC

text: Citigroup

text: J.P. Morgan Securities LLC

text: Goldman Sachs & Co. LLC

text: BellRing Brands, Inc.

text: BellRing Brands, Inc.


text:
EX-99
3
exhibit991.htm
EXHIBIT 99.1
Exhibit 99.1
Exhibit 99.1
Integrated Security Systems, Inc. completes sale of B&B ARMR
Carrollton, Texas - January 31, 2011 - Integrated Security Systems, Inc. (OTCB:IZZI) announced that it has completed the sale of substantially all of the assets of B&B ARMR, a wholly owned subsidiary of the Company, and the Company's only operating unit. The sale was made to an affiliate of Strait Lane Capital Partners, LLC of Dallas, Texas. The sale was made pursuant to the Asset Purchase Agreement previously announced in December 2010 and was approved by Company shareholders in a meeting held earlier today.
The sale includes substantially all of the accounts receivable, inventory, fixed assets and intellectual property of B&B ARMR, plus its investment in the joint venture, B&B Roadway. The total proceeds from the sale were $6 million, made up of cash, a promissory note for $450,000 and a $450,000 preferred equity investment in the buyer's parent company.
The Company is no longer actively conducting any business, but retains the net proceeds of the asset sale. The Company is actively seeking a merger, acquisition or similar business combination with another company to again be engaged in an active business. In the interim, the Company's Common Stock will continue to be traded and the Company intends on keeping all of its SEC filing up-to-date. The previously announced one-for-one hundred (1:100) reverse stock split was approved by stockholders and is effective as of January 31, 2011.
This news 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. Forward-looking statements include statements regarding our expectations, beliefs, intentions, plans, projections, objectives, goals, strategies, future events or performance and underlying assumptions and other statements which are not historical facts. Actual results may differ materially from those expressed or implied by the forward-looking statements contained in this release. Forward-looking statements are subject to numerous risks, uncertainties and assumptions about us and our business. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the discussion of financial position and liquidity discussed in Part I of our Form 10-K Report for the year ended June 30, 2010, including but not limited to the "Management's Discussion and Analysis of Financial Condition and Results of Operations", which discussion is incorporated herein by this reference. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We do not undertake to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
For more information, contact:
Brooks Sherman
Chairman and CEO
(800) 367-0387
bfs@integratedsecurity.com

text: Integrated Security Systems, Inc.

text: B&B ARMR

text: Integrated Security Systems, Inc.

text: B&B ARMR

label: fund

text: Strait Lane Capital Partners

override: fund

text: B&B ARMR

text: Brooks Sherman


text:
EX-99.2
7
exhibit_99-2.htm
PRESS RELEASE DATED JUNE 11, 2007
Press Release dated June 11, 2007
Exhibit
99.2
Murray
United Development Corp. Changes Name to American Metal & Technology, Inc.
& Stock Symbol to (AMMY)
Monday
June 11, 10:41 am ET
LOS
ANGELES, CA--(MARKET WIRE)--Jun 11, 2007 -- Murray United Development Corp.
(OTC
BB:MRAY.OB - News), which recently completed a stock purchase agreement with
American Metal Technology Group ("AMTG"), announced today that it has
effectively changed its name to "American Metal & Technology, Inc." and
began trading under its new symbol AMMY (OTC BB:AMMY.OB - News). The Company's
fiscal year end has also changed from July 31 to December 31. Both actions
were
approved by the Board of Directors and the majority shareholders of the
Company.
AMTG,
via
its subsidiaries, is a leading developer and manufacturer of high precision
investment casting / metal casting fabrication products and electronic circuit
boards for home appliances and motion controllers in the People's Republic
of
China. The revenue for American Metal Technology and its subsidiaries for the
fiscal year ended December 31, 2006 was $7,945,871, a 45% increase, compared
to
$5,479,538 for the fiscal year ended December 31, 2005. Net income for fiscal
2006 was $1,566,535 compared to $1,441,825 for fiscal 2005. Its total
comprehensive income for fiscal 2006 was $1,729,379 after accounting foreign
currency translation gain compared to $1,542,995 for fiscal 2005.
"After
working closely with the prior management in the past seven months, we are
pleased to see the name change. This reflects a conclusion of the stock purchase
transaction", said Mr. Chen Gao. "Trading on the public markets brings added
visibility to our company and subsidiaries. It raises our awareness among the
investment community. We have been net positive since 2002 with an average
year
to year revenue growth rate of 41% and an average net profit margin of 21%.
Our
management team is dedicated to strong execution of our business model. We
are
prepared to continue delivering results moving the company forward".
As
one of
few well-established high precision parts manufacturers in China, AMTG and
its
subsidiaries primarily specializes in precision casting, machining, mold design
and manufacturing. Our products include investment casting and machined
products, such as valves, pipe fittings, regulators, dispensers, machinery
spare
parts, marine hardware, water treatment parts, automotive and airline
accessories and other equipment parts based on upon blueprints supplied to
us by
our customers. The Company uses a wide range of materials, such as stainless
steel, carbon steel, low alloy steel and aluminum. Its factory is certified
with
ISO9001 and ISO14001 standards.
About
American Metal & Technology, Inc.
American
Metal & Technology, Inc., through its wholly owned subsidiary American Metal
Technology Group ("AMTG"), a Nevada Corporation, and through AMTG's
subsidiaries, Beijing Tong Yuan Heng Feng Technology Co., Ltd. ("BJTY") and
American Metal Technology (Lang Fang) Co., Ltd. ("AMLF"), is a leading
manufacturer of high precision casting and machined products in the People's
Republic of China ("China"). The subsidiaries operate in a 53,819 square foot
manufacturing plant with monthly output capacity of 1,000,000 parts. In 2006,
AMTG also expanded into the design and manufacture of electric circuit boards
for home appliances and motion controllers and was able to achieve profitability
in its first year of operation by providing controller solutions to top brand
appliances manufacturers in China.
Safe
Harbor Statement
Certain
of the statements made in the press release constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of
1995. These statements can be identified by the use of forward-looking
terminology such as "believe", "expect", "may", "will", "should", "project,"
"plan", "seek", "intend", or "anticipate" or the negative thereof or comparable
terminology. Such statements typically involve risks and uncertainties and
may
include financial projections or information regarding our future plans,
objectives or performance. Actual results could differ materially from the
expectations reflected in such forward-looking statements as a result of a
variety of factors, including the risks associated with the effect of changing
economic conditions in The People's Republic of China, variations in cash flow,
reliance on collaborative retail partners and on new product development,
variations in new product development, risks associated with rapid technological
change, and the potential of introduced or undetected flaws and defects in
products, and other risk factors detailed in reports filed with the Securities
and Exchange Commission from time to time.
Contact:
Investor
Relations
American
Metal Technology Group
633
W.
5th Street, Suite 2641,
Los
Angeles, CA 90071
Tel:
213-223-2339
Market
News First
Angela
Junell
214-461-3411
ajunell@MN1.com

text:
Murray
United Development Corp.

text: Murray United Development Corp.

text: Chen Gao


text:
EX-99.1
2
scbbank02102012.htm
PRESS RELEASE 2-10-2012
scbbank02102012.htm
N / E / W / S R / E / L / E / A / S / E
February 10, 2012
FOR IMMEDIATE RELEASE
For more information, contact:
David L. Ortega, First Vice President/Director of Investor Relations
765-378-8937
http://www.firstmerchants.com/
SOURCE: First Merchants Corporation, Muncie, Indiana
FIRST MERCHANTS BANK ACQUIRES LOANS AND ASSUMES DEPOSITS OF SCB BANK THROUGH A MODIFIED WHOLE BANK FDIC TRANSACTION
First Merchants Corporation (NASDAQ - FRME) has reported an agreement between First Merchants Bank and the FDIC to purchase approximately $117 million of loans and assume $136 million of deposits in Shelby County Indiana. Under the Modified Whole Bank transaction without loss share, the FDIC excluded all construction and development loans, all land loans, all non-performing loans including non-accrual, restructured and 90 days past due credits and all OREO balances. The remaining assets were purchased for a $29 million discount and the deposits were assumed at no premium.
"We are pleased to have closed this immediately accretive transaction with the FDIC by purchasing a modified loan package, assuming all core deposits and the purchase of the main office building in Shelbyville, Indiana", said Michael C. Rechin, President and CEO, First Merchants Corporation. "As an Indiana based community bank we have a great deal of experience operating banks in county seat markets throughout the state. Shelby County's demographic profile is consistent with many of our current Indiana markets and we understand how to service those markets very well. We are very pleased with this financial transaction and we look forward to quickly assimilating
Shelbyville and Shelby County into the First Merchants family." Mark Hardwick, CFO of First Merchants Corporation added "We have worked very hard to position First Merchants to assess and act on opportunities that present themselves and look forward to adding other franchises on attractive terms to our company".
First Merchants also acquired the main office building in Shelbyville, Indiana for $1.4 million. Three of four locations will operate with normal Saturday hours from 9 a.m. to 12 noon. The fourth location will be closed as usual on Saturday. All four locations will be open Monday morning as First Merchants evaluates its market coverage under the FDIC's purchase option. Asset and liability balances are subject to change based on activities between the bid valuation and the purchase dates. The assets acquired and liabilities assumed are subject to internal adjustment under generally accepted accounting principles.
Sandler O'Neill & Partners, L.P. acted as First Merchant's financial advisor.
About First Merchants Corporation
First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation is comprised of First Merchants Bank, N.A., which also operates as Lafayette Bank & Trust, Commerce National Bank, and First Merchants Trust Company as divisions of First Merchants Bank, N.A. First Merchants Corporation also operates First Merchants Insurance Group, a full-service property casualty, personal lines, and healthcare insurance agency.
First Merchants Corporation's common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company's Internet web page (
http://www.firstmerchants.com
).
* * * *

text: First Merchants

text: FIRST MERCHANTS BANK

text: First Merchants

text: First Merchants Bank

text: Michael C. Rechin

text: First Merchants

text: First Merchants

text: Mark Hardwick

text: First Merchants

text: First Merchants

text: First Merchants

text: First Merchants

text: Sandler O'Neill & Partners, L.P.

text: First Merchants

text: First Merchants

text: First Merchants Bank

text: First Merchants

text: First Merchants Bank

text: First Merchants

text: First Merchants

text: First Merchants


text:
EX-99
2
emgl131226-ex99.txt
EXHIBIT 99 - TEXT OF PRESS RELEASE
Exhibit 99.1
Empire Global Corp. Signs Letter of Intent to Acquire Gaming Operator in Italy.
TORONTO, NEW YORK and ITALY, December 26, 2013 - Empire Global Corp. (the
company) (EMGL.OTCQB) announced today the signing of a letter of intent to enter
into a definitive agreement to acquire Newgioco Srl. a licensed gaming operator
based in Rome, Italy.
Newgioco, established in 2001, operates 1 online and 3 land based gaming venues
in Rome licenced under the Italian national gaming authority Amministrazione
Autonoma Monopoli di Stato (AAMS).
The transaction is subject to the completion of a Material Definitive Agreement
to take effect upon the completion of the audited financial statements of
Newgioco in accordance with the requirements of the Securities and Exchange Act.
The company has agreed to pay 450,000 Euro to purchase 100% of Newgioco which
includes all assets, intellectual property, licences and operations. The company
intends to implement a complete overhaul and branding program to incorporate the
previously announced development of the El Sabanero Beach Hotel and Casino in
Costa Rica commencing on January 1, 2014.
Michael Ciavarella, Chairman and Chief Executive Officer of Empire Global Corp.,
comments, "The acquisition of Newgioco is a strategic stepping stone in our
aggressive business build-out to become a dominantly positioned operator of
leisure and gaming venues around the world.
This key acquisition for Empire Global brings with it highly experienced human
capital to compliment the development of our business from our anchor Casino
Resort property in Costa Rica".
About Empire Global Corp.
Empire Global Corp. is a development stage company with a view to acquire and
operate a portfolio of revenue producing commercial properties in broad industry
classifications primarily focused on the hospitality, resort, recreation and
travel industry. Additional information may be found on our website at
www.emgl.us.com
Forward Looking Statements
Information in this news release may contain statements about future
expectations, plans, prospects or performance of Empire Global Corp., that
constitute forward-looking statements for purposes of the Safe Harbor Provisions
under the Private Securities Litigation Reform Act of 1995. The words or phrases
"plan", "can be", "expects", "may affect", "believed", "estimate", "project" and
similar words and phrases are intended to identify such forward-looking
statements. Empire Global Corp. cautions you that any forward-looking
information provided by or on behalf of Empire Global Corp. is not a guarantee
of future performance. None of the information in this press release constitutes
or is intended as an offer to sell securities or investment advice of any kind.
Empire Global Corp.'s actual results may differ materially from those
anticipated in such forward-looking statements as a result of various important
factors, some of which are beyond Empire Global Corp.'s control. In addition to
those discussed in Empire Global Corp.'s press releases, public filings, and
statements by Empire Global Corp.'s management, including, but not limited to,
Empire Global Corp.'s estimate of the sufficiency of its existing capital
resources, Empire Global Corp.'s ability to raise additional capital to fund
future operations, Empire Global Corp.'s ability to repay its existing
indebtedness, the uncertainties involved in estimating market opportunities, and
in identifying contracts which match Empire Global Corp.'s capability to be
awarded contracts. All such forward-looking statements are current only as of
the date on which such statements were made. Empire Global Corp. does not
undertake any obligation to publicly update any forward-looking statement to
reflect events or circumstances after the date on which any such statement is
made or to reflect the occurrence of unanticipated events.
Contacts:
Michael Ciavarella, B.Sc.
Chairman and CEO
empireglobal@bell.net

text: Empire Global Corp.

text: Empire Global Corp.

text: Newgioco Srl.

text: Newgioco

text: Newgioco

text: Newgioco

text: Michael Ciavarella

text: Empire Global Corp.

text: Newgioco

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Empire Global Corp.

text: Michael Ciavarella


text:
EX-99.1
3
s115362_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
GlyEco Inc. Sells Consumer Segment
INSTITUTE,
WEST VIRGINIA/ACCESSWIRE/ January 14, 2019 /
GlyEco, Inc. (OTC PINK: GLYE)
On Friday, January 11, 2019, GlyEco Inc. completed the sale
of the assets of its Consumer Segment, or antifreeze recycling and route sales business, to Heritage Crystal Clean, LLC (HCC).
Heritage Crystal Clean's current businesses include parts cleaning, containerized waste, vacuum services, used oil collection,
re-refining and product sales, antifreeze recycling and field services. HCC has purchased the assets of our facilities in Minneapolis,
MN, Tea, SD, Lakeland, FL, Rock Hill, SC, Indianapolis, IN, Landover, MD and Atlanta, GA.
This divestiture is a key step in the implementation of GlyEco's
strategic direction, which was announced last September. "The divestiture of our Consumer Segment will allow GlyEco to focus
on its core strengths and streamline its operations, commented Richard Geib, President and CEO of GlyEco.
GlyEco will retain its manufacturing and sales businesses in
additives, glycol, and the downstream additized glycol/water Performance Fluids, including antifreeze and heat transfer fluids,
and will focus its remaining people and resources on these businesses. The company plans to grow aggressively, based on GlyEco's
competitive strengths of vertical integration, extensive technological expertise, and its established reputation and relationships
in these markets. With its new blending facility at its Institute, West Virginia glycol plant site, GlyEco plans to make and sell
several times the volume of antifreeze that its Consumer Segment had been selling annually.
As part of the consolidation enabled by this transaction, GlyEco
will relocate its headquarters to the site of its glycol and Performance Fluids operations at Institute, West Virginia.
About GlyEco, Inc.
GlyEco is a developer, manufacturer and distributor of performance
fluids for the automotive, commercial and industrial markets. We specialize in coolants, additives and Performance Fluids. We believe
our vertically integrated approach, which includes formulating products, acquiring feedstock, managing facility construction and
upgrades, operating facilities, and distributing products through our fleet of trucks, positions us to serve our key markets and
enables us to capture incremental revenue and margin throughout the process. Our network of facilities, develop, manufacture and
distribute high quality products that meet or exceed industry quality standards, including a wide spectrum of ready to use antifreezes
and additive packages for the antifreeze/coolant, gas patch coolants and heat transfer fluid industries, throughout North America
and certain international markets.
For further information, please visit:
http://www.glyeco.com
To assist investors and other interested parties in staying
informed about GlyEco, the Company distributes, by e-mail, press releases and other information. To be added to the Company distribution
list, please contact us at
info@glyeco.com
.

text: GlyEco Inc.

text: GlyEco Inc.

text: Heritage Crystal Clean, LLC

text: HCC

text: HCC

text: Richard Geib


text:
EX-99.1
2
v460312_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
ANI Pharmaceuticals Acquires Inderal® XL and InnoPran XL®
BAUDETTE, Minn., Feb. 24, 2017 /PRNewswire/ -- ANI Pharmaceuticals, Inc. ("ANI") (Nasdaq: ANIP) today announced that it has acquired Inderal
®
XL from Cranford Pharmaceuticals, LLC and InnoPran XL
®
from Holmdel Pharmaceuticals LP. The acquired assets include the NDA and trademark for InnoPran XL
®
including a license to an Orange Book listed patent, and a distribution license and trademark for Inderal
®
XL as well as finished goods inventory of both products. Inderal
®
XL and InnoPran XL
®
are currently available in 80mg and 120mg
sustained release capsules and are indicated for hypertension. Inderal
®
XL and InnoPran XL
®
generated combined sales of $23.3 million in calendar year 2016, according to IMS Health. The acquisitions were funded through a combination of cash and debt.
In conjunction with today's announcement, ANI has immediately begun selling both Inderal
®
XL 80mg and 120mg sustained release capsules as well as InnoPran XL
®
80mg and 120mg sustained release capsules under their current labels. ANI will transition both products to the ANI label at a future date.
Arthur S. Przybyl, ANI's President and CEO stated, "We are excited to add these two patent protected products to our existing brand business and to further extend our commercial portfolio of brand and generic extended
release beta blockers".
About Inderal
®
XL capsules
Inderal
®
XL is a beta adrenergic blocker indicated for the treatment of hypertension, to lower blood pressure. Lowering blood pressure reduces the risk of fatal and nonfatal cardiovascular events, primarily strokes and myocardial infarctions.
About InnoPran XL
®
capsules
InnoPran XL
®
is a beta adrenergic blocker indicated for the treatment of hypertension, to lower blood pressure. Lowering blood pressure reduces the risk of fatal and nonfatal cardiovascular events, primarily strokes and myocardial infarctions.
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.
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: Inderal

text: InnoPran XL

text: ANI Pharmaceuticals, Inc.

text: Inderal

text: Cranford Pharmaceuticals, LLC

text: InnoPran XL

text: Holmdel Pharmaceuticals LP

text: InnoPran XL

text: Inderal

text: Inderal

text: InnoPran XL

text: Inderal

text: InnoPran XL

text: Inderal

text: InnoPran XL

text: Inderal

text: Inderal

text: InnoPran XL

text: InnoPran XL

text: ANI Pharmaceuticals, Inc.


text:
EX-99
2
ex99.htm
PRESS RELEASE DATED APRIL 3, 2006
Exhibit 99
Media Contact:
FOR IMMEDIATE RELEASE
Barry B. Davall
732-706-9009
Community Partners Bancorp Completes Acquisition of Two River Community Bank and
The Town Bank
MIDDLETOWN, NEW JERSEY, April 3, 2006 - Community Partners Bancorp (NASDAQ: CPBC)
announced today that it has completed the transaction by which it became the new
holding company for Two River Community Bank and The Town Bank. The transaction
took effect on April 1, 2006. On that date, each share of Two River Community
Bank common stock was converted into the right to receive one share of Community
Partners common stock, and each share of Town Bank common stock was converted
into the right to receive 1.25 shares of Community Partners common stock, plus
cash in lieu of any fractional shares. Registrar & Transfer Company, the
transfer agent for Community Partners, will mail transmittal letters to the
shareholders of Two River and Town Bank, with instructions for those
shareholders to exchange their bank stock certificates for certificates
representing stock in the new holding company. The common stock of Community
Partners Bancorp has been listed for trading on the NASDAQ Capital Market under
the symbol "CPBC".
Based on pro forma combined financials, at December 31, 2005 Community Partners
Bancorp has total assets of over $459 million, loans of approximately $354
million and deposits of approximately $385 million, making it the 22
nd
largest New Jersey-based bank holding company based on size of assets.
Community Partners has 11 banking offices stretching from Wall Township in
Monmouth County to Westfield in Union County, New Jersey.
Curtis Securities LLC served as financial advisor and Pitney Hardin LLP served
as legal counsel to Two River Community Bank in connection with this
transaction. Janney Montgomery Scott LLC served as financial advisor and
Norris, McLaughlin & Marcus, P.A. acted as legal counsel for The Town Bank.

text: Community Partners Bancorp

text: Two River Community Bank

text: The Town Bank

text: Community Partners Bancorp

text: Two River Community Bank

text: The Town Bank

text:
Two River Community
Bank

text:
Community
Partners Bancorp

text:
Community Partners
Bancorp

text: Curtis Securities LLC

text: Pitney Hardin LLP

text: Two River Community Bank

text: Janney Montgomery Scott LLC

text: Norris, McLaughlin & Marcus, P.A.

text: The Town Bank


text:
EX-99.1
2
ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
For Immediate Release
Wright Investors' Service Holdings, Inc. Completes Sale of The Winthrop Corporation
Greenwich, CT, July 17, 2018 --
Wright Investors' Service Holdings, Inc.
(OTC Pink Sheets: WISH) announced the completion today
of the sale of 100% of the issued and outstanding common stock of The Winthrop Corporation (Winthrop), a wholly owned subsidiary of WISH, to Khandwala Capital Management, Inc., a company principally owned and controlled by Amit S. Khandwala, the current Co-Chief Executive Officer and Chief Investment Officer of Winthrop. Winthrop, through its wholly owned subsidiary Wright Investors' Service, Inc., is an investment management and financial advisory firm.
WISH received $6,000,000 in cash upon the closing of the sale. The sale was approved by the WISH stockholders on July 16, 2018 at the annual stockholders meeting.
Please refer to WISH's filing on Form 8-K with the Securities and Exchange Commission for further information
relating to the transaction.
Contact:
Wright Investors' Service Holdings, Inc.
Ira J. Sobotko
Vice President and Chief Financial Officer
914-242-5778

text: The Winthrop Corporation

text: The Winthrop Corporation

text: Khandwala Capital Management, Inc.

text: Ira J. Sobotko


text:
EX-99.2
6
tm2129759d2_ex99-2.htm
EXHIBIT 99.2
Exhibit 99.2
Anadarko WCTP Company
sold to Kosmos Energy Ghana Holdings Limited, a wholly-owned subsidiary of Kosmos Energy Ltd.'s Statements of Revenues and Direct
Operating Expenses for the Oil and Gas Assets
June 30, 2021 and 2020
ANADARKO WCTP COMPANY SOLD TO KOSMOS ENERGY
GHANA HOLDINGS LIMITED, A WHOLLY-OWNED SUBSIDIARY OF KOSMOS ENERGY LTD.
1201 Lake Robbins Drive
The Woodlands, Texas 77380-1046
(832) 636-1000
Independent Auditors' Review Report
The Board of Directors
Anadarko WCTP Company:
Report on the Financial Statements
We have reviewed the accompanying Statement of Revenues and Direct
Operating Expenses for the Oil and Gas Assets of WCTP Company sold to Kosmos Energy Ghana Holdings Limited, a wholly-owned subsidiary
of Kosmos Energy Ltd., (the "Statements") for the three-month
and six-month periods ended June 30, 2021 and 2020.
Management's Responsibility
The Company's management is responsible for the preparation and
fair presentation of the interim financial information in accordance with U.S. generally accepted accounting principles; this responsibility
includes the design, implementation, and maintenance of internal control sufficient to provide a reasonable basis for the preparation
and fair presentation of interim financial information in accordance with U.S. generally accepted accounting principles.
Auditors' Responsibility
Our responsibility is to conduct our reviews in accordance with auditing
standards generally accepted in the United States of America applicable to reviews of interim financial information. A review of interim
financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial
and accounting matters. It is substantially less in scope than an audit conducted in accordance with auditing standards generally accepted
in the United States of America, the objective of which the expression of an opinion regarding the financial information. Accordingly,
we do not express such an opinion.
Conclusion
Based on our reviews, we are not aware of any material modifications
that should be made to the accompanying interim financial information for them to be in accordance with U.S. generally accepted accounting
principles.
Emphasis of Matter
As described in note 2, the accompanying Statements were prepared for
the purpose of complying with the rules and regulations of the Securities and Exchange Commission and are not intended to be a complete
presentation of the operations of the properties.
/s/ KPMG LLP
Houston, Texas
October 13, 2021
2
ANADARKO WCTP COMPANY SOLD
TO KOSMOS ENERGY GHANA
HOLDINGS LIMITED, A WHOLLY-OWNED SUBSIDIARY OF KOSMOS
ENERGY LTD.'S
STATEMENTS OF REVENUES AND
DIRECT OPERATING EXPENSES
Three Months Ended June 30,
Six Months Ended
June 30,
in thousands
2021
2020
2021
2020
Revenues
Oil and condensate sales
$
43,365
$
49,635
$
154,123
$
141,415
Total revenues
43,365
49,635
154,123
141,415
Direct Operating Expenses
Direct operating expenses
13,064
19,580
29,387
39,913
Total direct operating expenses
13,064
19,580
29,387
39,913
Excess of Revenues Over Direct Operating Expenses
$
30,301
$
30,056
$
124,736
$
101,502
See accompanying notes to
the Statements of Revenues and Direct Operating Expenses.
3
Anadarko WCTP
Company sold to Kosmos Energy Ghana Holdings
Limited, a wholly-owned subsidiary of Kosmos Energy Ltd.
1.
Background Information
Occidental Petroleum
Corporation's fully-consolidated subsidiary, Anadarko WCTP Company (the "Company"), engages, through unincorporated
joint operations, in oil and gas exploration, development, and production activities in the Tullow Oil-operated Jubilee and TEN fields
of the Deepwater Tano ("DWT') and West Cape Three Points ("WCTP") Blocks, respectively, located in offshore Ghana
(the "Ghana Properties"). The Company accounts for its interest in the joint operations using the proportionate consolidation
method, whereby the Company recognizes its share of assets, liabilities, and expenses under the Company's accounting policies.
The Company
plans to divest its entire Joint Operating Agreement working interest ("JOA Interest") of approximately 20% in the Ghana assets
to two independent third party buyers, Kosmos Energy Ghana Holdings Limited, a wholly-owned subsidiary of Kosmos Energy Ltd. ("Kosmos")
and Ghana National Petroleum Corporation ("GNPC"). Under the terms of the PSA, under the creation of the new Cayman entity,
Jubilee Oil Holdings Limited, the Company will assign a 7% JOA interest in both the DWT and WCTP blocks. This results in an assignment
of approximately a 6.1% interest the Jubilee Unit Area and approximately an additional 6.0% interest in the TEN fields to GNPC. Kosmos
will acquire the Company, which will include the remaining JOA Interests. Unless otherwise noted, amounts presented in the accompanying
Statements of Revenues and Direct Operating Expenses of Occidental Petroleum Corporation's Ghana Properties (the "Statements"),
the Notes to the Statements, and the Supplementary Oil and Gas Disclosures represent the portion of the Company's assets sold to
Kosmos, which is approximately 65% of the Company's interest in the TEN field and approximately 75% of the Company's interest
in the Jubilee field, as allocated by the respective contractual production participation interests in each of the fields.
Under the DWT
Joint Operating Agreement, certain joint venture partners have pre-emption rights (the "Pre-Emption Rights") with respect
to the Company's Assets that, if fully exercised, could reduce the ultimate interest sold to Kosmos. This right is exercisable for
a 30-day period beginning from the date of close. If this right is exercised by a joint venture partner, such joint venture partner would
compensate Kosmos for the interest it obtains. All financial data and supplemental oil and natural gas reserve information presented herein,
assumes that such rights are not exercised.
The Company's
address in Ghana is Office 3D, Silver Star Towers, Accra Airport City, Ghana. The Company is currently producing from the Jubilee and
TEN fields, The Jubilee unit straddles both DWT and WCTP contract areas, while the TEN field is exclusively within the DWT contract area.
2.
Summary of Significant Accounting Policies
Basis of Presentation
The
Statements include revenues from the sale of crude oil and direct operating expenses for the periods ended June 30, 2021 and 2020 for
approximately
65% of the Company's interest in the TEN field and approximately
75% of the Company's interest in the Jubilee field
. Revenues and direct operating expenses included in the Statements are
presented on the accrual basis of accounting, and as the Ghana properties were not accounted for or operated as a separate segment, division,
or entity by the parent entity, complete financial statements under U.S. generally accepted accounting principles are not available or
practicable to produce. The Statements are not intended to be a complete presentation of the results of operations of the Ghana Properties
and may not be representative of future operations as they do not include indirect general and administrative expenses; interest expense;
depreciation, depletion, and amortization; provision for income taxes; and certain other revenues and expenses not directly associated
with revenues from the sale of crude oil.
Use of Estimates
Accounting
principles generally accepted in the United States of America require management to make estimates and assumptions that affect the amounts
reported in the Statements. These estimates and assumptions are based on management's best estimates and judgment. Actual results
may differ from those estimates.
4
Anadarko WCTP
Company sold to Kosmos Energy Ghana Holdings
Limited, a wholly-owned subsidiary of Kosmos Energy Ltd.
Revenues
The Company's
crude oil production is sold to a marketing affiliate, Anadarko Energy Services Company ("AESC"), who then subsequently markets
the production to third parties. The Company recognizes sales revenues for crude oil once each cargo lifting has occurred and title has
transferred to AESC.
Direct Operating Expenses
Production
expenses are recognized when incurred and include (a) routine operating expenses and non-routine operating expenses; (b) marketing expenses;
and (c) workover costs.
3.
Related Party Transactions
All of the Company's
crude oil is sold to AESC.
4.
Commitments
As of June 30 2021, the Company's tax returns for
the Ghana Properties for years 2014-2018 are under audit.
5.
Contingencies
The Company has no contingent
liabilities at the reporting date.
6.
Subsequent Events
The Company
has evaluated subsequent events through October 13, 2021, the date the Statements were available to be issued, and has concluded there
are no material subsequent events that would require disclosure in these financial statements.
5

text: Anadarko WCTP Company

text: Kosmos Energy Ghana Holdings Limited

text: ANADARKO WCTP COMPANY

text:
KOSMOS ENERGY
GHANA HOLDINGS LIMITED

text: Anadarko WCTP Company

text: WCTP Company

text: Kosmos Energy Ghana Holdings Limited

text: ANADARKO WCTP COMPANY

text:
KOSMOS ENERGY GHANA
HOLDINGS LIMITED

text:
Anadarko WCTP
Company

text:
Kosmos Energy Ghana Holdings
Limited

text: Anadarko WCTP Company

text: Kosmos Energy Ghana Holdings Limited

text: Jubilee Oil Holdings Limited

text:
Anadarko WCTP
Company

text:
Kosmos Energy Ghana Holdings
Limited

text: Anadarko Energy Services Company