text:
EX-99
4
ex99-1.txt
EX-99.1
EXHIBIT 99.1
FOR: MARINE JET TECHNOLOGY CORP.
CONTACT: Patrick Chow
Chief Financial Officer
(323) 725-5555
FOR IMMEDIATE RELEASE
MARINE JET TECHNOLOGY CORP. ANNOUNCES COMPLETION OF EXCHANGE
TRANSACTION WITH ANTIK DENIM, LLC
LOS ANGELES, CA - APRIL 29, 2005 - MARINE JET TECHNOLOGY CORP. (OTCBB:
MJET) ("Marine") today announced it has completed its exchange transaction with
Antik Denim, LLC ("Antik"), a company formed in September 2004 to design,
develop, manufacture, market, distribute and sell high end fashion jeans,
apparel and accessories with a western flair under the "Antik Denim" brand.
Effective as of the closing, Antik became the wholly-owned subsidiary of Marine.
As a result of the closing, the historical business operations of Antik will
comprise Marine's principal business operations going forward.
At the closing, pursuant to the terms of an Exchange Agreement dated
April 14, 2005, by and among Marine, Antik, Antik's members, and Keating Reverse
Merger Fund, LLC ("KRM Fund"), Marine acquired all of the outstanding membership
interests of Antik (the "Interests") from Antik's members, and Antik's members
contributed all of their Interests to Marine. In exchange, Marine issued to
Antik's members 843,027 shares of Series A Convertible Preferred Stock, par
value $0.001 per share, of Marine, which will be convertible into 708,984,875
shares of Marine's common stock. As of the closing, Antik's members own in the
aggregate 95.8% of the issued and outstanding shares of common stock of Marine
on a fully diluted and as-converted to common stock basis. Also as of the
closing, the stockholders of Marine immediately prior to the closing now own
3.8% of the issued and outstanding common stock of Marine on a fully diluted and
as-converted to common stock basis.
Antik markets, distributes and sells "Antik Denim" brand products in
the United States, and internationally. It markets and distributes its products
by participating in industry trade shows, as well as through its show rooms in
Los Angeles and New York. Antik's products are sold in the United States to
department stores and boutiques such as Saks Fifth Avenue, Neiman Marcus,
Nordstrom, Barney's, Bloomingdales, Bergdorf Goodman, Macy's East, Saks 5th
Avenue, Planet Blue, Atrium, Fred Segal, Intermix, and Lulu's, as well as
smaller boutiques throughout the country.
Page 2
Antik's principal products are high end fashion jeans with a western
flair that Antik designs, manufactures, markets, distributes and sells under the
"Antik Denim" label. Antik currently sell men's and women's styles and is in the
process of launching a children's line. Antik Denim brand jeans are made from
high quality fabrics milled in the United States, Japan, Italy and Spain and are
processed with cutting edge treatments and finishes. Its concepts, designs,
embellishments, patent pending pockets, and great attention to detail and
quality, give it a competitive advantage in the high end fashion jean market.
Antik's distinct vintage western flair sets it apart both in appearance and fit.
"We are very excited about the transaction for Antik", stated Paul
Guez, Antik's Chief Executive Officer and Marine's newly appointed Chairman,
Chief Executive Officer and President. "This platform will allow Antik to better
recognize and capitalize on its growth capability." Mr Guez concluded, "Antik is
newly formed but is growing rapidly, and we expect to continue to focus our
efforts on executing Antik's strategic plan".
Marine expects that, upon approval by a majority of its stockholders
(voting together on an as converted to common stock basis), it will change its
corporate name, increase its number of authorized shares from 45,000,000 to
75,000,000, approve a 1 for 29 reverse stock split of its outstanding common
stock, and approve a stock incentive plan. Each of Antik's members and KRM Fund
have executed a voting agreement effective as of the closing whereby they
agreed, among other matters, to approve any proposals with respect to those
matters.
Additional information about the exchange transaction, and Antik Denim,
LLC, can be found in Marine's Current Report on Form 8-K filed with the
Securities and Exchange Commission on April 29, 2005.
ABOUT MARINE JET TECHNOLOGY CORP. AND ANTIK DENIM, LLC
Prior to the closing, Marine was a public "shell" company with nominal
assets whose sole business was to identify, evaluate and investigate various
companies to acquire or with which to merge.
Effective as of the closing, Marine, through its wholly-owned
subsidiary Antik Denim, LLC, designs, develops, manufactures, markets,
distributes and sells high end fashion jeans, apparel and accessories with a
western flair under the "Antik Denim" brand, both in the United States and
internationally.
FORWARD-LOOKING STATEMENTS
EXCEPT FOR HISTORICAL INFORMATION CONTAINED HEREIN, THE STATEMENTS IN THIS
RELEASE ARE FORWARD-LOOKING AND MADE PURSUANT TO THE SAFE HARBOR PROVISIONS OF
THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. FORWARD-LOOKING STATEMENTS
ARE INHERENTLY UNRELIABLE AND ACTUAL RESULTS MAY DIFFER MATERIALLY. EXAMPLES OF
FORWARD LOOKING STATEMENTS IN THIS NEWS RELEASE INCLUDE STATEMENTS REGARDING
ANTIK'S ANTICIPATED RAPID GROWTH. FACTORS WHICH COULD CAUSE ACTUAL RESULTS TO
DIFFER MATERIALLY FROM THESE FORWARD-LOOKING STATEMENTS INCLUDE SUCH FACTORS AS
FLUCTUATIONS IN DEMAND FOR ANTIK'S PRODUCTS, THE INTRODUCTION OF NEW PRODUCTS,
ANTIK'S ABILITY TO MAINTAIN CUSTOMER AND STRATEGIC BUSINESS RELATIONSHIPS, THE
IMPACT OF COMPETITIVE PRODUCTS AND PRICING, GROWTH IN TARGETED MARKETS, THE
ADEQUACY OF ANTIK'S LIQUIDITY AND FINANCIAL STRENGTH TO SUPPORT ITS GROWTH, AND
OTHER INFORMATION THAT MAY BE
Page 3
DETAILED FROM TIME TO TIME IN MARINE'S FILINGS WITH THE UNITED STATES SECURITIES
AND EXCHANGE COMMISSION. MARINE UNDERTAKES NO OBLIGATION TO PUBLICLY UPDATE OR
REVISE ANY FORWARD-LOOKING STATEMENTS, WHETHER AS A RESULT OF NEW INFORMATION,
FUTURE EVENTS OR OTHERWISE.

text: MARINE JET TECHNOLOGY CORP.

text: Patrick Chow

text: MARINE JET TECHNOLOGY CORP.

text: ANTIK DENIM, LLC

text: MARINE JET TECHNOLOGY CORP.

text: Marine

text: Antik Denim, LLC

text: Antik

text: Antik

text: Marine

text: Antik

text: Marine

text: Marine

text: Antik

text: Antik

text: Marine

text: Antik

text: Antik

text: Antik

text: Marine

text: Marine

text: Antik

text: Marine

text: Marine

text: Antik

text: Marine

text: Marine

text: Marine

text: Antik

text: Antik

text: Antik

text: Antik

text: Antik

text: Antik

text: Antik

text: Antik

text: Marine

text: Antik

text: Antik

text: Antik

text: Marine

text: Antik

text:
Antik Denim,
LLC

text: Marine

text: MARINE JET TECHNOLOGY CORP.

text: ANTIK DENIM, LLC

text: Marine

text: Marine

text: Antik Denim, LLC

text: ANTIK

text: ANTIK

text: ANTIK

text: ANTIK

text: MARINE

text: MARINE


dataset: buster

text:
EX-99
14
exhibit991.htm
EXHIBIT 99.1
Exhibit 99.1
Exhibit 99.1
Med-Tech Solutions Inc - Closing of Acquisition by Exchange of Common Stock and Closing of Private Placement
December 10, 2007
Med-Tech Solutions Inc (OTCBB: MDTU.OB) today announced that it had closed its acquisition of The Four Rivers BioEnergy Company Inc ("Four Rivers") by an exchange of 40,665,000 shares of its common stock for the outstanding shares of Four Rivers. The shares issued in the exchange are restricted stock. The acquisition will be accounted for under the reverse acquisition accounting rules. As part of the acquisition, the management of Four Rivers became the directors and management of Med-Tech, and the former sole director and officer of Med-Tech resigned.
Simultaneously with the acquisition of Four Rivers, Med-Tech completed a private placement of 28,183,978 shares of common stock to foreign accredited and institutional investors. The private placement agent was International Capital Partners SA. The number of shares sold met the minimum offering amount requirement.
Immediately prior to the acquisition and private placement, Med-Tech effected a recapitalization by a reduction of the outstanding shares of common stock by contribution to the capital of the company. After the three transactions, the acquisition, the private placement and recapitalization, there are 113,449,878 shares of common stock issued and outstanding.
Gary Hudson, the new Chief Executive Officer of the Company said, "we are delighted to have concluded the acquisition of Four Rivers and the capital raise, both of which will permit the company to aggressively move forward with its business plan of building the proposed integrated bioenergy facility for the production of bioethanol and biodiesel fuels and related by-products. Although many aspects of the plan are well under way, we have much to do in the near future, including satisfaction of various permitting requirements, site acquisition, transportation and supply logistics and finalization of plant design. We are also pursuing various avenues for the required financing to complete the plant and fund its initial operations".
About the Company
The company proposes to construct an integrated 130 MMGPY bioethanol plant and 35 MMGPY biodiesel plant. Logistics will be the intended key differentiator of Four Rivers from other biofuels companies and will give the Four Rivers plant advantages to trade and market its feedstocks and products. Four Rivers, together with its parent corporation, is a development stage company.
Forward- Looking Statements
The statements in the press release that relate to the company's expectation with regard to future impact on the company's results from actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in the document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act\ of 1934. Although the company believes that the expectations reflected in the forward-looking statement are reasonable, such statements should not be regarded as a representation by the company, or any other person that such forward-looking statements will be achieved. Since the information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from the expected results. The company disclaims any intent or obligation to update, or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In the light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.
For Further Information Contact:
Gary Hudson, President and CEO - +1 270 282 0926
Stephen Padgett, Vice President and Group Finance Director
- +1 270 282 0943
2

label: organization

text: Med-Tech Solutions Inc

text: Med-Tech Solutions Inc

text: The Four Rivers BioEnergy Company Inc

text: Four Rivers

text: Four Rivers

text: Four Rivers

text: Four Rivers

label: person

text: Gary Hudson

text: Four Rivers

text: Four Rivers

text: Four Rivers

text: Gary Hudson

text: Stephen Padgett

source_dataset: expertai/BUSTER

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


text:
EX-99.1
2
tm2119314d2_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
NEWS RELEASE
NCR Completes
Transaction with Cardtronics
ATLANTA -- June 21, 2021 -
NCR Corporation (NYSE: NCR),
a global enterprise technology provider, today announced that it has closed its transaction with Cardtronics (NASDAQ: CATM).
"We are pleased to reach today's milestone and to be one
step closer to combining our two outstanding companies", said Michael D. Hayford, President and Chief Executive Officer of NCR.
"This combination will accelerate our NCR as a Service strategy and enhance our ability to provide technology solutions and capabilities
that run our customers' businesses".
Cardtronics is now a wholly owned subsidiary of NCR. NCR can begin
integration after regulatory approval from the Competition and Markets Authority of the United Kingdom.
On January 25, 2021, NCR and Cardtronics
announced
that
they had entered into a definitive agreement under which NCR would acquire all outstanding shares of Cardtronics for $39.00 per share
in an all-cash transaction with an enterprise value of approximately $2.5 billion, including debt.
The transaction is expected
to be accretive to NCR's non-GAAP EPS in the first full year following the close of the transaction.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading software- and services-led
enterprise provider in the financial, retail and hospitality industries. NCR is headquartered in Atlanta, Ga., with 36,000 employees globally.
NCR is a trademark of NCR Corporation in the United States and other countries.
Web site:
www.ncr.com
Twitter: @NCRCorporation
Facebook:
www.facebook.com/ncrcorp
LinkedIn:
www.linkedin.com/company/ncr-corporation
YouTube:
www.youtube.com/user/ncrcorporation
About Cardtronics
Cardtronics is a trusted leader in financial
self-service, enabling cash transactions at over 285,000 ATMs across 10 countries in North America, Europe, Asia-Pacific, and Africa.
With its scale, expertise and innovation, top-tier merchants and businesses of all sizes use its ATM solutions to drive growth, in-store
traffic, and retail transactions. Financial services providers rely on Cardtronics to deliver superior service at their own ATMs, on
Cardtronics ATMs where they place their brand, and through Cardtronics' Allpoint Network, the world's largest retail based surcharge-free
ATM network, with over 55,000 locations. As champions of cash, Cardtronics converts digital currency into physical cash, driving payments
choice for businesses and
consumers alike. Learn more about Cardtronics by visiting
www.cardtronics.com
and by following
us on LinkedIn and Twitter.
NCR Investor Contact
Michael Nelson
NCR Corporation
678-808-6995
michael.nelson@ncr.com
NCR Media Contacts
Scott Sykes
NCR Corporation
212-589-8428
scott.sykes@ncr.com
# # #

text: NCR

text: Cardtronics

text: NCR Corporation

text: NCR

text: Cardtronics

text: Michael D. Hayford

text: NCR

text: NCR

text: Cardtronics

text: NCR

text: NCR

text: NCR

text: Cardtronics

text: NCR

text: Cardtronics

text: NCR

text: NCR Corporation

text: NCR Corporation

text: NCR

text: NCR

text: NCR

text: NCR Corporation

text: Cardtronics

text: Cardtronics

text: Cardtronics

text: Cardtronics

text: Cardtronics

text: Cardtronics

text: Cardtronics

text: NCR

text: NCR Corporation

text: NCR

text: NCR Corporation


text:
EX-99
3
ex99120190919pressreleasegcn.htm
EX 99.1 PRESS RELEASE DATED 09-19-2019
Ex 99.1 Press Release dated 09-19-2019
Parallax Health Sciences Announces Acquisition Of Minority Interest In Global Career Networks
SANTA MONICA, Calif. (September 19, 2019) Parallax Health Sciences, Inc.
(OTCQB: PRLX) ("Parallax" or the "Company"), an outcome-driven connected healthcare company, today announces it has entered into a strategic transaction agreement with Global Career Networks, Inc., ("GCN") a provider of career solutions to one of the largest recruiter networks in the world with exposure to over one-half million recruiters and millions of C-level executives. The Company is purchasing a nineteen (19%) percent stake in GCN.
The strategic transaction opens access to large population for providing Cognitive outcomes optimization of the Company's Good Health Outcomes platform for the healthcare market.
Paul Arena, Chief Executive Officer of Parallax Health Sciences commented, "we are excited about the relationship with GCN and working with their principals who have a proven track record in this space." Mr. Arena continued, "there are a number of synergistic value propositions that include the opportunity for us to create an ambassador program that will provide nurses with the ability to get some payment from us for introducing doctors, hospitals, etc. for use on our Good Health Outcomes, ("GHO") platform. Also, we intend to license our offerings into the healthcare channel for nurses (and others - for data outcomes optimization) and to migrate our ability to generate sales on a viral basis by paying a finders fee to the nurses for referrals of those signing up to be monitored on our GHO platform. We will also be introducing our soon to be released Parallax Communications mobile app into this channel. Additionally, we believe this transaction should be very accretive to our shareholders".
Michael Woloshin, Chief Executive Officer of Global Career Networks, Inc. stated, "we see an opportunity to amalgamate Parallax's platform with our subscriber base to generate significant revenues together." Mr. Woloshin added, "we see the potential for
www.resumesending.com
and our other properties to become one of the largest distribution platforms for resumes, including in the medical profession. The
www.resumesending.com
site has many joint venture partners lined up, including the largest job sites, all of which share additional revenue through the affiliation".
About Global Career Network
Global Career Network, Inc., ("GCN") provides the ability to leverage subscribers with the largest recruiter network in the world with exposure to more than 500,000 recruiters and millions of C-level executives. GCN is the parent holding company of wholly-owned subsidiaries Resumesending.com, ResumeCertified.com, JobMentor.net and ResumeMan.com. For more information, please visit
https://www.resumesending.com
About Parallax Health Sciences
Parallax Health Sciences is an advanced technology, outcome-driven telehealth company that allows for cost-effective remote diagnosis, treatment and monitoring of patients through proprietary platforms of integrated products and services. The Company's interoperable novel applications provide patients point-of-care testing and monitoring with information communicated via internet-based mobile phone applications that are agnostic as to operating system and are built on highly sophisticated data analytics. Information is retrieved real-time by physicians who are monitoring patients with chronic diseases or through biometric feedback for health-related behavior modification, and is automated for integration into electronic health records. The Company's products and offerings capitalize on the digital transformation in healthcare for improved patient compliance, diagnosis and treatment, and support healthcare system cost savings and efficiencies. For more information, please visit
www.parallaxhealthsciences.com
or
www.parallaxcare.com
.
Forward-Looking Statements
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate", "if", "believe", "plan", "estimate", "expect", "intend", "may", "could", "should", "will", and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our Form 10-K and other reports filed with the SEC. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contact:
Paul Arena
paul@parallaxcare.com
Mobile 404-915-8449
SOURCE: Parallax Health Sciences, Inc.
1

text: Parallax Health Sciences

text: Global Career Networks

text: Parallax Health Sciences, Inc.

text: Global Career Networks, Inc.

text: Paul Arena

text: Parallax Health Sciences

text: Michael Woloshin

text: Global Career Networks, Inc.

text: Parallax Health Sciences

text: Parallax Health Sciences

text: Paul Arena

text: Parallax Health Sciences, Inc.


text:
EX-99
3
este-ex994_13.htm
EX-99.4
este-ex994_13.htm
Exhibit 99.4
Earthstone Energy, Inc. Completes Sale of Bakken Assets
The Woodlands, Texas, December 21, 2017
- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company"), today announced that it has closed its previously announced agreement to sell its Bakken assets ("Transaction") to an unaffiliated party for approximately $27 million in cash. The effective date of the Transaction is December 1, 2017 and is subject to certain customary closing purchase price adjustments. The proceeds from the Transaction will be used to pay down debt under its senior secured revolving credit facility ("Credit Facility").
Robert J. Anderson, Executive Vice President, Corporate Development and Engineering of Earthstone commented, "The sale of our non-operated Bakken assets represents a further step in Earthstone's continued shift in emphasis to being primarily a Midland Basin focused operator. Over the past 18 months, we have established a position in the Midland Basin that stands at approximately 27,000 net acres and approximately 7,000 Boepd. The divestiture of our Bakken assets allows us to continue focusing our human and capital resources on our highly economic assets in the Midland Basin".
About Earthstone Energy, Inc.
Earthstone Energy, Inc. is a growth-oriented, independent energy company engaged in developing and operating oil and gas properties. The Company's primary assets are located in the Midland Basin of west Texas and the Eagle Ford trend of south Texas. Earthstone is listed on NYSE under the symbol "ESTE." For more information, visit the Company's website at www.earthstoneenergy.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Statements that are not strictly historical statements constitute forward-looking statements and may often, but not always, be identified by the use of such words such as "expects", "believes", "intends", "anticipates", "plans", "estimates", "potential", "possible", or "probable" or statements that certain actions, events or results "may", "will", "should", or "could" be taken, occur or be achieved. Forward-looking statements are based on current expectations and assumptions and analyses made by Earthstone and its management in light of experience and perception of historical trends, current conditions and expected future developments, as well as other factors appropriate under the circumstances that involve various risks and uncertainties that could cause actual results to differ materially from those reflected in the statements. These risks include, but are not limited to, those set forth in Earthstone's annual report on Form 10-K/A for the year ended December 31, 2016, quarterly reports on Form 10-Q, recent current reports on Form 8-K and Form 8-K/A, and other Securities and Exchange Commission filings. Earthstone undertakes no obligation to revise or update publicly any forward-looking statements except as required by law.
Contact
Mark Lumpkin, Jr.
Executive Vice President - Chief Financial Officer
Earthstone Energy, Inc.
1400 Woodloch Forest Drive, Suite 300
The Woodlands, TX 77380
281-298-4246
mark.lumpkin@earthstoneenergy.com
Scott Thelander
Director of Finance
Earthstone Energy, Inc.
1400 Woodloch Forest Drive, Suite 300
The Woodlands, TX 77380
281-298-4246
scott@earthstoneenergy.com

text: Earthstone Energy, Inc.

text: Bakken Assets

text: Earthstone Energy, Inc.

text: Bakken assets

text: unaffiliated party

text: Bakken assets

text: Bakken assets

text: Earthstone Energy, Inc.

text: Earthstone Energy, Inc.

text: Earthstone Energy, Inc.

text: Scott Thelander

text: Earthstone Energy, Inc.


text:
EX-99.1
3
tv505997_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Contacts:
RF Industries, Ltd.
Mark Turfler
SVP/CFO
(858) 549-6340
rfi@rfindustries.com
MKR Group Inc.
Todd Kehrli
Analyst/Investor Contact
(323) 468-2300
rfil@mkr-group.com
RF Industries Announces Sale of Comnet
Telecom Supply Subsidiary
SAN DIEGO, CA, October 31, 2018
-
RF Industries,
Ltd, (NASDAQ: RFIL)
, a national manufacturer and marketer of interconnect products and systems, today announced that it has
sold its Comnet Telecom Supply, Inc. ("Comnet") subsidiary, a supplier of telecommunications and data products based
in East Brunswick, New Jersey, to RAP Acquisition, Inc. for $4.2 million in cash. RAP Acquisition, Inc. is an affiliate of Robert
A. Portera, the founder of Comnet and its current President.
"The sale of Comnet is consistent with our business transformation
toward a one company culture and operating structure to more efficiently leverage our capabilities across the entire business,"
said Robert Dawson, President and CEO of RF Industries. "In the last year as I reviewed our business, we looked for
redundancies and synergies to streamline operations and ensure a common sales strategy. We found that some of the characteristics
of Comnet's business didn't match our go-to-market strategy since Comnet operates with a different sales model and
margin profile than the rest of the Company. We are pleased that we have reached a positive resolution as this divestiture reflects
our ongoing focus on driving profitable growth and investing in our best opportunities as we work to make our business more predictable".
"As a result of the Comnet sale, we expect to see improvement
in both our gross margins and operating margins going forward, and the $4.2 million sale proceeds will increase our total cash
available for inorganic growth and other strategic initiatives. Lastly, we continue to expect solid year-over-year growth in net
sales and net income for both our fiscal fourth quarter and full fiscal year ending today, October 31, 2018".
Comnet's net sales for the first nine months of fiscal
2018 were $6.3 million of the Company's $46.6 million total, with gross margins of 25% and operating margins of 6%. Sales
growth year-over-year for the first nine months of fiscal 2018, excluding Comnet's sales, was 153% as compared to 111%, including
Comnet's results for the same period.
As a result of the transaction, Comnet's business will
be reported as a discontinued operation going forward.
About RF Industries
RF Industries designs and manufactures a broad range of interconnect
products across diversified, growing markets including wireless/wireline telecom, data communications and industrial. The Company's
products include RF connectors, coaxial cables, wire harnesses, fiber optic cables and custom cabling. The Company is headquartered
in San Diego, California with operations in New York and Connecticut. Please visit the RF Industries website at
www.rfindustries.com
.
Forward-Looking Statements
This press release contains forward-looking statements with
respect to future events, including higher sales, increased future demand for the Company's products, improved margins, and improved
profitability, which are subject to a number of factors that could cause actual results to differ materially. Factors that
could cause or contribute to such differences include, but are not limited to: changes in the telecommunications industry; the
Company's reliance on certain distributors for a significant portion of anticipated revenues; the impact of existing and additional
future tariffs imposed by U.S. and foreign nations; the Company's ability to execute on its new go-to-market strategies and channel
models; its ability to expand its OEM relationships; its ability to continue to deliver newly designed and custom fiber optic
and cabling products to principal customers; its ability to maintain strong margins and diversify its customer base, and its ability
to address the changing needs of the market. Further discussion of these and other potential risk factors may be found in
the Company's public filings with the Securities and Exchange Commission (
www.sec.gov
)
including its Form 10-K. All forward-looking statements are based upon information available to the Company on the date
they are published and the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect
events or new information after the date of this release.
# # #

text: RF Industries, Ltd

text: Todd Kehrli

text:
RF Industries,
Ltd

text: Comnet Telecom Supply, Inc.

text: RAP Acquisition, Inc.

text: RAP Acquisition, Inc.

text: Robert Dawson


text:
EX-99.1
3
grwc_ex99z1.htm
EXHIBIT 99.1
For Immediate Release
Contact: AF1 Public Relations
June 27, 2019
702-908-0018
www.growcapitalinc.com
Grow Capital, Inc Signs Exchange Agreement To Acquire Bombshell Technologies
Henderson, NV - Grow Capital, Inc (OTCPK:GRWC) (GRWC) today announced that it has executed a stock exchange agreement to acquire Bombshell Technologies. The final closing of the transaction is subject only to customary closing conditions, all of which are expected to be satisfied in July 2019.
A letter of intent between the companies was executed in March 2019 and a thorough due diligence review determined Bombshell to be strategically aligned and a smart acquisition for GRWC.
GRWC will acquire 100 percent of the shares of Bombshell Technologies, a premier software development service provider with a focus on the financial services sector. Bombshell Technologies has operations in both Nevada and Louisiana. Bombshell Technologies provides software to several massive financial services organizations and leads the way on innovative industry-specific solutions for sales teams and management.
"This is the first acquisition for GRWC as we expand our niche market", said CEO Jonathan Bonnette. "Bombshell Technologies has the talent and potential we look for and we're excited about the future of our investment".
Grow Capital, Inc will tender shares of its stock for Bombshell Technologies and provide a broad network to help Bombshell gain clients for its suite of software that helps financial services firms manage their practice.
Bombshell's current software suite delivers customized back office compliance, sophisticated multi-pay commission processing, and revolutionized new client application submission system, along with digital engagement marketing services centric to financial services.
"Bombshell's responsiveness, entrepreneurial spirit and culture of service resonated with me. Bombshell stood out from the crowd by establishing a true, ongoing dialogue with clients over product updates, and demonstrating the high-level understanding and clarity of vision of its leadership", said chairman of GRWC James Olson. "We couldn't be happier to make them a part of our organization and look forward to their innovative experience with our market strategy moving forward".
Learn more about Bombshell Technologies suite of products here: www.bombshelltechnologies.com
About Grow Capital Inc: Grow Capital, Inc is a publicly traded company listed under the symbol GRWC. Formally Grow Condos, we have announced new leadership, rebranded, relocated our headquarters and have expanded into acquiring and developing the best professional technology and financial services companies.
To be added to the distribution list please email info@growcapitalinc.com with "GRWC" in the subject line.
Forward Looking Statements Disclaimer: This release may contain statements that constitute 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. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Grow Capital, Inc's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward -looking statements include the words "seek", "grow" "plan" and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Grow Capital, Inc's filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company's website.
###

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text: GRWC

text: Bombshell Technologies

text: Bombshell Technologies

text: Bombshell Technologies

text: GRWC

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text: Bombshell Technologies

text: GRWC

text: Bombshell Technologies

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text:
EX-99.1
14
ecig_ex991.htm
PRESS RELEASE
ecig_ex991.htm
Exhibit 99.1
PRESS RELEASE
Spring Lake, Michigan, April 22, 2014
VICTORY ELECTRONIC CIGARETTES CORPORATION CLOSES VIP® ACQUISITION EXPANDING EUROPEAN PLATFORM FOR GROWTH
●
VIP® brings a scalable and innovative multi-channel distribution model with own retail stores, retail mobile units and a very high traffic e-commerce platform
●
Broadens Victory's brand and product portfolio and enables cross border transfer of industry leading innovation
●
Further strengthens Victory's position as world's largest independent electronic cigarette company
●
Delay in initial closing caused by banking holiday over long Easter weekend
SPRING LAKE, MICHIGAN, April 22, 2014 - Victory Electronic Cigarettes Corporation (OTCQB: ECIG),
today announced that it has completed the acquisition of VIP®, one of the United Kingdom's leading and most profitable electronic cigarette companies, for a combination cash and stock in excess of $50 million. The acquisition officially closed the morning of April 22
nd
, following wire transfer receipt delays with the closing of the banks in the UK for the long Easter weekend. VIP® has one of the leading product portfolios of any electronic cigarette company worldwide and has developed a unique multi-channel distribution model with own-retail stores, retail mobile kiosk units, online, and traditional retail. The acquisition will have a material impact on both revenue and profit of the company.
Manchester, United Kingdom-based VIP® was launched in 2009 by co-founders Miguel Corral and David Levin. Over the past four years they built VIP® into one of the most profitable and well-run electronic cigarette companies across Europe, with a leading presence in the England and a number one market position in Ireland. The company has continually innovated in every aspect of its business from its product portfolio to its distribution model to its breakthrough and highly innovative advertising. The company has developed one of the broadest product portfolios of any ecig company worldwide, that includes: traditional rechargeables and disposables, the latest mods, open and closed vaping systems, tanks, some of the highest quality and best tasting liquids, all packaged in tamper evident, child-proof packaging.
VIP® is distributed through a unique multi-channel distribution model and has developed an attractive e-commerce segment, a highly profitable retail mobile unit kiosk model located in major consumer traffic areas, and their own flagship retail stores. The Company recently began expansion to major retailers in the UK, and has quickly gained acceptance from major supermarket chains throughout the country. Brent Willis, Chairman and Chief Executive Officer of Victory, and former senior executive at AB InBev and Coca-Cola commented, "VIP® is a high potential franchise with an outstanding leadership team that will each be taking on broader global roles in the combined enterprise. Of all the electronic cigarette companies, VIP was the most profitable company as a percentage of sales of any ecig firm we have seen worldwide. Their product portfolio, premium brand, and distribution approaches have global potential and we intend to heavily invest in expanding their distribution model and product portfolio".
In addition to brand, product and distribution expansion opportunities, the Company will also pursue back office, supply and other cost synergies together with London-based VAPESTICK®
that joined the
Victory group in January. Mr. Corral commented, "Everyone at VIP® is extremely excited about joining Victory and becoming a driving force behind the largest independent electronic cigarette company in the world. We knew that to effectively compete in the next phase of this industry that we would need to partner with someone that shared our same vision and would facilitate us to achieve our long-term objectives. We chose Victory because they have the people, the resources, and infrastructure that when combined with our team, will enable us to accomplish our vision - now just on a global basis, and now much faster".
Victory has been consolidating the electronic cigarette industry, and has completed four major transactions or partnerships in the past four months including the Field's Texas Group and the FIN® Branding Group in the United States, and VAPESTICK® and now VIP® in Europe. The company expects to continue its external and organic growth activities as it consolidates its industry leadership position and expands into attractive growth markets around the world.
About Victory
Victory Electronic Cigarettes Corporation is dedicated to providing a cleaner and healthier alternative to smoking for all, and intends to empower smokers to regain their freedom. Victory is the largest independent electronic cigarette company in the world, owns the trademarks VAPESTICK
®
, FIN
®
, Victory
®
, GreenStix
®
, VIP
®
and others. The company owns multiple subsidiary companies and has operations in North America, Central America, Latin America, Western Europe, and Asia. Victory offers consumers a full product portfolio that incorporates the highest quality and latest technology, and has been rated as superior in real tobacco taste amongst major brands.
About VIP
VIP® is one of Europe's leading brands of premium electronic cigarettes, founded in 2009 by co-founders Miguel Corral and David Levin, and later joined by Dave Ryder, Chief Product Officer. With its full portfolio across all relevant segments within electronic cigarettes and vaping products, VIP® has grown to become one of the most recognized brands in the United Kingdom, the number one brand in Ireland, and the preferred brand in taste amongst consumers in the UK. The Company currently sells its products online at
www.vipcig.co.uk,
through its own flagship retail outlets, online, in mobile kiosk units, and in major retailers in the UK. The business is a member in good standing of ECITA (European Electronic Cigarette Industry Trade Association)
.
Safe Harbor Disclosure
This press release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of Victory, including statements regarding Victory's expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue to materialize consistent with recent trends. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include: Victory's reliance on additional financing, Victory's profitability and financial health, risks associated with Victory's products, including that they may pose a health risk; governmental regulations may impact Victory's business; the market or consumers may not accept Victory's products; Victory relies on a single class of products; existing or pending patents may affect Victory's business; and other factors disclosed in the Company's filings with the Securities and Exchange Commission. Unless required by applicable law, Victory undertakes no obligation to update or revise any forward-looking statements.
For investor inquiries please contact:
Suzanne Garcia
Manger, Investor Relations
Tel: 650.279.2341
Email:
suzanne@victoryecigs.com
www.victoryecigs.com

text: VIP®

text: VIP®

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text: VIP®

text: VIP®

text: VIP®

text: Brent Willis

text: VIP®

text: VAPESTICK

text: VIP®

text: VAPESTICK

text: VIP®

text: VAPESTICK

text: VIP®

text: VIP®


text:
EX-99.1
2
f8k063015ex99i_decisionpoint.htm
DECISIONPOINT SYSTEMS DIVESTS CMAC INC PRESS RELEASE
Exhibit 99.1
DECISIONPOINT SYSTEMS DIVESTS CMAC
INC
Irvine, CA (July 8, 2015)
DecisionPoint™
Systems, Inc. (OTCQB: DPSI), a leading provider and integrator of Enterprise Mobility and Wireless Application solutions, today
announced the disposition by sale of common stock of its wholly owned subsidiary, CMAC Inc, based in Alpharetta, GA, effective
June 30, 2015. The purchase price was $650,000, which was paid by the assumption by the buyers of accrued liabilities and accounts
payable of CMAC Inc. The purchasers were Mr. Bryan E. Moss and Mr. Byron M. Allen, both of whom were employees of CMAC Inc, until
recently. DecisionPoint anticipates writing off approximately $1.1 million in goodwill and intangible assets relating to CMAC Inc
in the second quarter ended June 30, 2015.
DecisionPoint CEO Greg Henry commented,
"CMAC was acquired by DecisionPoint about five years ago, but was never fully integrated into our consolidated business.
We believe its disposition will allow us greater focus on our consolidated business and our mission of building a leading mobile
computing services and software company. We wish Mr. Moss and Mr. Allen well".
About DecisionPoint™ Systems, Inc.
DecisionPoint Systems, Inc. delivers improved
productivity and operational advantages to its clients by helping them move their business decision points closer to their customers.
We do this by making enterprise software applications accessible to the front-line worker anytime, anywhere. DecisionPoint utilizes
all the latest wireless, mobility, and RFID technologies.
For more information about DecisionPoint Systems,
Inc., visit www.decisionpt.com.
Forward-Looking Statements
Except for historical information contained herein, the statements
in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause
a company's actual results, performance and achievements in the future to differ materially from forecasted results, performance,
and achievements. Known risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly release the results of any revisions to its forward-looking
statements to reflect events or circumstances after the date hereof, including without limitation unanticipated events or changes
in the Company's plans or expectations.
Contacts:
DecisionPoint™ Systems, Inc.
Michael Roe
Chief Financial Officer
(949) 465-0065
DresnerAllenCaron
Rudy Barrio (investors)
r.barrio@allencaron.com
(212) 691-8087

text: DECISIONPOINT SYSTEMS

text: CMAC INC

text: DECISIONPOINT SYSTEMS

text:
CMAC
INC

text:
DecisionPoint™
Systems, Inc

text: CMAC Inc

text: CMAC Inc

text: Mr. Bryan E. Moss

text: Mr. Byron M. Allen

text: CMAC Inc

text: CMAC Inc

text: DecisionPoint™ Systems, Inc

text: DecisionPoint Systems

text: DecisionPoint Systems

text: DecisionPoint™ Systems, Inc

text: Michael Roe


text:
EX-99
3
kaiform8k102705exh992.txt
.2
Exhibit 99.2
[LOGO]
NEWS
KADANT
AN ACCENT ON INNOVATION
One Acton Place, Suite 202
Acton, MA 01720
Investor contact: Thomas M. O'Brien, 978-776-2000
Media contact: GreatPoint Communications, 978-392-6866
Kadant Completes Sale of Composite Building Products Business
ACTON, Mass., October 27, 2005 - Kadant Inc. (NYSE:KAI) announced that its
Kadant Composites LLC subsidiary has sold its composite decking and roofing
business to Minneapolis-based LDI Composites Co. in an asset sale for
approximately $11 million in cash, subject to a post-closing adjustment.
Minneapolis-based LDI Composites is an affiliate of Liberty Diversified
Industries, a privately held company serving the corrugated packaging, material
handling, office supply, and furniture and building products industries.
"We're very pleased to have found a strategic buyer for the composites
business, allowing Kadant to focus entirely on growing our core businesses
serving the global pulp and paper industry", said William A. Rainville, chairman
and chief executive officer of Kadant Inc. "The GeoDeck(TM) product line is an
ideal complement to LDI's offerings for the building products industry, and we
believe this combination will benefit Kadant Composites customers and
employees".
The sale price, net of selling costs, is slightly above the book value
of the net assets sold. The resulting gain from the sale, which is not material
to Kadant Inc., will be recorded in the fourth quarter of 2005.
The sale includes substantially all the assets of the GeoDeck composite
decking, railing, and roofing products business, located at facilities in Green
Bay, Wisconsin, and Bedford, Massachusetts. In addition, LDI will assume certain
liabilities of the composites business. Kadant Composites LLC has retained
potential future warranty claims associated with products manufactured prior to
the closing, and has deposited $3.5 million of the sale proceeds into an escrow
account for those claims.
Separately, due to the high level of warranty claims received in the
third quarter of 2005, Kadant Composites LLC will record an additional pre-tax
provision of approximately $4.0 million, bringing the total warranty reserve to
$6.0 million at the end of the third quarter. Kadant Composites is reported in
Kadant Inc.'s financial statements as a discontinued operation.
Kadant Inc. is a leading supplier to the global pulp and paper
industry, with a range of products and services for improving efficiency and
quality in pulp and paper production, including paper machine accessories, and
systems for stock preparation, fluid handling, and water management. Our
fluid-handling products are also used to optimize production in the steel,
rubber, plastics, food, and textile industries. In addition, we produce granules
from papermaking byproducts for agricultural and lawn and garden applications.
Kadant is based in Acton, Massachusetts, and, with the addition of Kadant
Johnson in May 2005, has annual revenues of approximately $270 million and
approximately 1,500 employees worldwide. For more information, visit
www.kadant.com.
-more-
The following constitutes a "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: This press release contains
forward-looking statements that involve a number of risks and uncertainties,
including forward-looking statements regarding the estimated gain from the sale
of the composite building products business, potential future warranty claims
related to such business and possible impact on our financial results, and our
future growth opportunities. Important factors that could cause actual results
to differ materially from those indicated by such statements are set forth under
the heading "Risk Factors" in Kadant's quarterly report on Form 10-Q for the
period ended July 2, 2005. These include risks and uncertainties relating to our
dependence on the pulp and paper industry; international sales and operations;
competition; increase in our debt; restrictions in our credit agreement; our
ability to successfully integrate Kadant Johnson; our acquisition strategy; our
ability to complete the proposed restructuring of our French subsidiary; ability
to sell the composite building products business on favorable terms; ability to
manufacture and distribute composite building products, and the economic
conditions, seasonality in sales, and the long-term performance of such
products; availability of raw materials and exposure to commodity price
fluctuations related to the manufacture of composite and fiber-based products;
protection of patents and proprietary rights; fluctuations in quarterly
operating results; and anti-takeover provisions. We undertake no obligation to
publicly update any forward-looking statement, whether as a result of new
information, future events, or otherwise.
###

text: KADANT

text: Kadant

text: Kadant Inc.

text: Kadant Composites LLC

text: Kadant

text: William A. Rainville

text: Kadant Inc.

text: Kadant Inc.

text: Kadant Composites LLC

text: Kadant Composites LLC

text: Kadant Inc.

text: Kadant Inc.

text: Kadant

text: Kadant

text: Kadant

text: Kadant


text:
EX-99.1
3
exhibit991-pressreleasexme.htm
PRESS RELEASE
Exhibit 99.1- Press Release - Merger Completion
Exhibit 99.1
Tiptree Financial Inc. and Fortegra Financial Corporation Complete Merger
NEW YORK & JACKSONVILLE, Fla.--(BUSINESS WIRE)-December 4, 2014 Tiptree Financial Inc. (NASDAQ:TIPT) ("Tiptree") and Fortegra Financial Corporation ("Fortegra") announced today completion of the previously announced merger of Fortegra into a subsidiary of Tiptree for approximately $218 million in cash. As of today, Fortegra's common stock will no longer be registered with the SEC nor trade on the New York Stock Exchange.
Fortegra is an insurance services company headquartered in Jacksonville, Florida. Fortegra offers a wide array of revenue enhancing products, including payment protection products, motor club memberships, service contracts, device and warranty services, and administration services to its business partners, including insurance companies, retailers, dealers, insurance brokers and agents and financial services companies. Fortegra's brands include Fortegra™, Life of the South®, 4Warranty, ProtectCELL™, Continental Car Club™, Auto Knight Motor Club™, United Motor Club™, Consecta™, Pacific Benefits Group™, and South Bay Acceptance Corporation.
Tiptree's President and Chief Executive Officer Geoffrey N. Kauffman said: "With this closing, we are pleased to welcome Rick and the Fortegra team into the Tiptree family of companies. Fortegra has performed well through the year and we look forward to 2015 and beyond as we continue to build upon the great foundation they have created".
"This transaction was the culmination of six years of growth and resulted in our shareholders receiving significant value. We are excited to partner with Tiptree as we move on to the next phase of Fortegra's growth and development", said Richard S. Kahlbaugh, Chairman, President and CEO of Fortegra.
About Tiptree
Tiptree is a diversified holding company engaged through its consolidated subsidiaries in a number of businesses and is an active acquirer of new businesses. Tiptree, whose operations date back to 2007, currently has subsidiaries that operate in four industry segments: insurance and insurance services, specialty finance, asset management and real estate. Tiptree is publicly traded on the NASDAQ stock market (NASDAQ: TIPT). For additional information, please visit Tiptree's website at www.tiptreefinancial.com.
Forward-looking Statements
This press release includes certain forward-looking statements. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Tiptree or Fortegra to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the effect of the announcement on Fortegra's customer relationships, operating results and business generally. Such factors also include, but are not limited to, the risks and uncertainties described in Tiptree's reports filed with the
SEC, which are available at www.sec.gov, and in Fortegra's reports, including its Annual Report on Form 10-K for the year ended December 31, 2013, filed with the SEC, which are available at www.sec.gov. Tiptree and Fortegra disclaim any intention or obligation to update or revise any forward-looking statements, except as required by law.
Tiptree Financial Inc.
Investor Relations, 212-446-1400
ir@tiptreefinancial.com

text: Tiptree Financial Inc.

text: Fortegra Financial Corporation

text: Tiptree Financial Inc.

text: Fortegra Financial Corporation

text: Richard S. Kahlbaugh

text: Tiptree Financial Inc.


text:
EX-99
2
ex991strpressrelease.htm
Converted by EDGARwiz
AlphaPoint Technology, Inc. (OTCBB: APPO) acquires Strategy to Revenue, Ltd; Strengthens Revenue Acceleration Framework
SARASOTA, Fla., October 15, 2015 /Business Wire/ --
AlphaPoint Technology, Inc.
(OTCBB: APPO) today announced the acquisition of Strategy to Revenue, Ltd. (STR), a Revenue Acceleration Company based in the United Kingdom. This acquisition marks the launch of AlphaPoint's strategic plan for rapid growth in 2016 through acquisitions. AlphaPoint / STR have identified a number of synergistically-focused Technology and Sales Enablement companies to acquire which have cutting-edge solutions to deliver Sales Enablement and Revenue Acceleration.
AlphaPoint, a publicly held information technology company, provides technology solutions for mid to large-size organizations and global enterprises. The acquisition of STR advances the growth strategies of AlphaPoint and provides critical expansion in the explosive Revenue Acceleration sector.
Strategy to Revenue Limited (
"
STR
"
), was founded in January 2009 to provide
Revenue Acceleration
solutions to Fortune 1000 organizations. STR provides software-enabled services using advanced analytics and capability benchmarks that ensure their customers meet and exceed their corporate objectives through revenue acceleration and salesforce optimization. Today, STR
'
s customers include; Thomson Reuters, Vodafone, HP, Motorola, SAP, Zebra Technologies, Comcast, and DHL.
STR
'
s success comes from a unique combination of sales and marketing expertise, innovative digital and multimedia content production, and intelligent software platform delivery technologies. In the past four years the company has won a number of international excellence awards: 5 gold and 4 silver from Brandon Hall
(www.brandonhall.com
) and 1 gold and 3 silver Stevie Awards for innovation in sales development. (See
http://www.stevieawards.com/pubs/sales/awards/426_2281_25576.
cfm
.
)
The Company was also shortlisted as a finalist by BESMA
(British Excellence in Sales & Marketing Awards
) and The Learning Awards. STR has also been placed on the Training Industry.com 2015 watch list as a
'
mover and shaker
'
in the training industry.
http://www.trainingindustry.com/sales-training/top-company-listings/2015/2015-sales-training-companies-watch-list.aspx.
According to Gary Macleod, CEO of AlphaPoint, "STR has more than ten years of strategic Sales Enablement expertise. At the core of the STR offering is the Revenue Acceleration Framework. This Framework consists of 3 key components, Surge, Sustain and Predict; comprising of software, technology and services that enable organizations to take immediate effective action to optimize their sales organizations and accelerate their corporate initiatives.
"
Dominic Jones, STR newly appointed CEO adds, "Gary and the AlphaPoint leadership team have a reputation for growing successful companies. They also hold the same vision of consolidating and disrupting the Sales Enablement market by creating software-enabled solutions that provide material improvements to customer
'
s go-to-market. We are very much looking forward to working with AlphaPoint to continue as we execute against this vision.
"
STR will become a wholly owned subsidiary of AlphaPoint and will keep its operations in the UK, while continuing to expand its customer base in the U.S. The STR leadership team will remain in their current positions. Also, STR CEO, Dominic Jones and Chairman, Rod Jones will join the AlphaPoint Board of Directors.
About AlphaPoint Technology
From its headquarters in Sarasota, Florida, AlphaPoint, a publicly held information technology company, provides technology solutions for mid to large-size organizations and global enterprises. To learn more, visit
www.alphapointtechnology.com
.
About STR
(
"
STR
"
) was founded in January 2009 to provide Revenue Acceleration solutions to large organizations through the performance improvement and effective mobilization of their sales teams. Today, STR
'
s customers are some of most well-known companies in the world, including Thomson Reuters, Vodafone, HP, Motorola, SAP, Zebra Technologies, Comcast, and DHL. To learn more, visit
www.strategyto
revenue.com.
Forward-Looking Statement:
The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate", "believe", "estimate", "may", "intend", "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
For more information, contact:
Jay Letendre
AlphaPoint Technology
941-907-8822 ext. 10

text: AlphaPoint Technology, Inc.

text: Strategy to Revenue, Ltd

text: AlphaPoint Technology, Inc.

text: Strategy to Revenue, Ltd.

text: STR

text: STR

text: STR

text: STR

text: STR

text: STR

text: STR

text: STR

text: Gary Macleod

text: STR

text: STR

text: STR

text: STR

text: STR

text: STR

text: STR

text: STR

text: STR


text:
EX-99.1
2
chegg8-k060420exhibit9.htm
EX-99.1
Document
EXHIBIT 99.1
Chegg Acquires Mathway to Expand its Math Offerings Globally
Chegg adds a premier global math solver to its portfolio of world-class direct-to-student learning support
SANTA CLARA, Calif., June 4, 2020 /BUSINESS WIRE/ -- Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student®, today announced it has acquired the popular math solver Mathway. Mathway has subscribers in approximately 100 countries and has been localized in 13 languages.
"Math proficiency is a foundational and critical pillar of learning around the world", said Nathan Schultz, President of Learning Services at Chegg. "The modern student understands that the mastery of math is more important than ever, and Mathway has built an incredible product that students love. Bringing Mathway into the Chegg family will bring additional subject coverage, languages, and international reach, significantly expanding our TAM", Schultz added.
Math deficiency is a large-scale issue that is pervasive in both education and workforce preparedness. In the latest OECD rankings, the US ranked 37
th
of developed countries in terms of math proficiency
1
.
Founded in 2002 by middle school friends Frank Balcavage and Jake Kuehner, Mathway has become one of the highest rated education mobile apps
2
. Mathway teaches students with an easy-to-use solver that can be accessed through optical character recognition and offers step-by-step instruction to teach both simple and complex mathematics.
"In Mathway we set out to build a math solver that could work directly with a range of students to help them master all forms of math, and meet them at their level", said Balcavage. "Chegg shares our direct-to-the-student, always available, step-by-step instruction model. By joining them we believe we will quickly be able to scale to help millions of students at a time when math is increasingly important", Kuehner added.
Mathway offers a vast range of subject areas with 400+ different topics including pre-algebra, algebra, trigonometry, pre-calculus, calculus, and linear algebra, and related disciplines. In 2019, Mathway solved over 1.3 billion problems for learners.
Mathway is used across the academic spectrum for both learning and instruction; approximately half of its users are in high school, while 1 in 10 are teachers, professors or parents. Mathway's "Ask an Expert - Live" feature allows those still struggling with a concept to get immediate support.
Chegg acquired Mathway for approximately $100 million in an all-cash transaction. There are potential additional payments of up to $15 million payable in cash over the next three years that remain subject to performance and other contingencies.
Mathway's 2019 unaudited net revenue was approximately $13 million. Chegg expects the Q2 2020 revenue contribution of Mathway, after the effect of the fair-value adjustment through purchase accounting to deferred revenue, to be approximately $0.5 million and an adjusted EBITDA loss of approximately $0.5 million.
For more information about the use of forward-looking non-GAAP measures, see the below section of the press release titled "Use of Non-GAAP Measures".
1
http://www.oecd.org/pisa/PISA%202018%20Insights%20and%20Interpretations%20FINAL%20PDF.pdf
2
IOS Appstore, 4.9/5 rating
About Chegg
Chegg is a Smarter Way to Student. As the leading direct-to-student learning platform, we strive to improve educational outcomes by putting the student first in all our decisions. We support students on their journey from high school to college and into their career with tools designed to help them pass their test, pass their class, and save money on required materials. Our services are available online, anytime and anywhere, so we can reach students when they need us most. Chegg is a publicly held company based in Santa Clara, California and trades on the NYSE under the symbol CHGG. For more information, visit www.chegg.com.
Use of Non-GAAP Measures
To supplement Chegg's financial results presented in accordance with generally accepted accounting principles in the United States ("GAAP"), this press release contains the non-GAAP financial measure adjusted EBITDA. The presentation of this non-GAAP financial measure is not intended to be considered in isolation from, as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP and may be different from non-GAAP financial measures used by other companies. Chegg defines adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, or EBITDA, adjusted for print textbook depreciation expense and to exclude share-based compensation expense, other income, net, restructuring charges, and acquisition-related compensation costs. To the extent additional significant non-recurring items arise in the future, Chegg may consider whether to exclude such items in calculating the non-GAAP financial measures it uses.
Chegg believes that adjusted EBITDA, when taken together with the corresponding GAAP net loss, provide meaningful supplemental information regarding Chegg's performance by excluding items that may not be indicative of Chegg's core business, operating results or future outlook. Chegg management uses adjusted EBITDA in assessing Chegg's operating results, as well as when planning, forecasting and analyzing future periods and believes that such measure enhances investors' overall understanding of our current financial performance. Adjusted EBITDA also facilitates comparisons of Chegg's performance to prior periods.
A reconciliation of forward-looking Q2 2020 adjusted EBITDA to net loss is not available without unreasonable effort due to the unavailability of certain information needed to calculate reconciling items, largely driven by the unknown effect of purchase accounting adjustments on such reconciling line items. However, Chegg believes that the change between the adjusted EBITDA guidance contained within this press release, from our most recently issued adjusted EBITDA guidance for Q2 2020 furnished in our Current Report on Form 8-K and filed with the Securities and Exchange Commission ("SEC") on May 2, 2020, will mostly impact the net loss reconciling line item.
Forward-Looking Statements
This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Chegg's belief that Mathway will significantly expand Chegg's TAM; that Mathway will be able to quickly scale to help millions of more students; Mathway's expected Q2 2020 revenue contribution; and Mathway's expected contribution of $0.5 million adjusted EBITDA loss for Q2 2020. Statements regarding future events are based on management's current expectations and projections about future events and trends that we believe may affect Chegg's financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including
the potential impact on the business of Mathway due to the acquisition, general economic conditions, including the ongoing effects of the COVID-19 pandemic, competition, integration risks, and other factors described in the "Risk Factors" section of Chegg's most recent Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2020 filed with the SEC on May 4, 2020 and Chegg's other SEC filings. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business 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 we may make. In light of these risks, uncertainties, and assumptions, the future events discussed herein may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You can obtain copies of Chegg's SEC filings on the SEC's website at www.sec.gov or at Chegg Investor Relations website at investor.chegg.com. The forward-looking statements included herein are made only as of the date hereof, and Chegg undertakes no obligation to revise or update any forward-looking statements for any reason, except as required by law.
Investor Contact
Media Contact
Tracey Ford
Marc Boxser
ir@chegg.com
press@chegg.com

text: Chegg

text: Mathway

text: Chegg

text: Chegg, Inc.

text: Mathway

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text: Nathan Schultz

text: Chegg

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EX-99.1
3
v200089_ex99-1.htm
Action
Acquisition Corporation Announces Entry into
Definitive
Agreement for Acquisition of Liuzhou Xinhua
Rubber
Sealing
SHENZHEN,
China (October 25, 2010) - Action Acquisition Corporation, parent of Shenzhen
ORB-Fortune New-Material Co., Ltd., a manufacturer and distributor of
high-performance polyurethane adhesive seal materials, primers, and cleaners for
the auto industry in China, today announced that it has entered into a
definitive agreement to acquire 100% of the equity interest in Liuzhou Xinhua
Rubber Sealing Co., Ltd., a Chinese manufacturer of rubber gaskets and sealants
for automobile window and doors, from the existing Liuzhou Rubber Sealing
shareholders in exchange for ordinary shares of Action's stock.
Founded
in November 2006, Liuzhou Rubber Sealing has manufacturing facilities located in
the New Industrial Park of Liuzhou City, Guangxi Province, employees 280 people,
including 45 engineers and technicians and reported revenues of RMB 40 million
(approximately US$5,993,955) for 2009. Liuzhou Rubber Sealing
currently estimates that its revenues for 2010 will approach RMB 80 million
(approximately US$11,987,910), with an anticipated net profit of RMB 8
million (or US$1,198,791).
The
closing of the transaction is currently scheduled to occur on November 3, 2010,
subject to completion of due diligence. The aggregate consideration
to be paid for Xinhua Rubber Sealing is 2,060,000 ordinary shares.
Junning
Ma, Action's Chairman and Chief Executive Officer, stated, "we are very pleased
to announce this acquisition. We believe that Xinhua Rubber Sealing's
business model and platform are strategically well suited to integrate into and
expand our existing operations".
ABOUT ACTION ACQUISITION
CORPORATION
Action
Acquisition Corporation is a Cayman Islands exempted company, with its
operations conducted in China through its operating subsidiary, Shenzhen
ORB-Fortune New-Material Co., Ltd. Located in the Futian District of
Shenzhen, Guangdong Province, ORB-Fortune is a manufacturer and distributor of
high-performance polyurethane adhesive seal materials, primers and cleaners and
provides bonding solutions for a wide range of industrial applications
including, shipping, construction, and electronics, with a strong presence in
the Chinese automotive sector. ORB-Fortune is the largest windshield adhesive
producer and supplier in China.
SAFE HARBOR DISCLOSURE
NOTICE
Certain
statements regarding Action Acquisition Corporation and/or Liuzhou Xinhua Rubber
Sealing Co., Ltd. set forth in this press release, including those regarding the
completion of the transaction and the 2010 performance of Liuzhou Rubber
Sealing, contain forward-looking information and speak only as of the date of
such statement. You can identify these statements by the fact that they use
words such as "will", "anticipate", "estimate", "expect", "project", "intend,"
"plan", "believe", "target", "forecast" and other words and terms of similar
meaning in connection with any discussion of future operating or financial
performance or business plans and prospects. This forward-looking information is
subject to numerous material risks, uncertainties and assumptions, certain of
which are beyond the control of Action Acquisition and/or Liuzhou Rubber
Sealing, including the impact of general economic conditions, industry
conditions, volatility of commodity prices, currency fluctuations, environmental
risks, competition from other industry participants, stock market volatility and
ability to access sufficient capital from internal and external sources. Readers
are cautioned that the material assumptions used in the preparation of such
information, although considered reasonable at the time of preparation, may
prove to be imprecise and there can be no assurance that any transaction will be
consummated. Actual results, performance or achievement could differ materially
from those expressed in, or implied by, this forward-looking information and,
accordingly, no assurance can be given that any of the events anticipated by the
forward-looking information will transpire or occur, or if any of them do so,
what benefits that Action Acquisition and/or Liuzhou Rubber Sealing will derive
therefrom. Action Acquisition and Liuzhou Rubber Sealing disclaim any
intention or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise, except as
required by applicable securities laws. For additional information and risk
factors that could affect Action Acquisition, see its filings with the
Securities and Exchange Commission, including "Item 2.01 Completion of
Acquisition or Disposition of Assets", including "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and Results of
Operations" set forth in its Current Report on Form 8-K, filed on September
16, 2010. The information contained in this press release is made as of the date
of the press release, even if subsequently made available by Action Acquisition
on its website or otherwise.
CONTACT:
Gen
Zhuo:
Shenzhen
ORB-Fortune New-Material Co., Ltd
Shenzhen
Shennan Road, Futian District
23
rd
Floor,
Building A, Fortune Plaza
Shenzhen,
P.R. China 518040
Tel:
(86-755)8204682 or 82046838
Fax:
(86-755)82046898

text:
Action
Acquisition Corporation

text:
Liuzhou Xinhua
Rubber
Sealing

text: Action Acquisition Corporation

text:
Liuzhou Xinhua
Rubber Sealing Co., Ltd.

text:
ACTION ACQUISITION
CORPORATION

text:
Action
Acquisition Corporation

text: Action Acquisition Corporation

text:
Liuzhou Xinhua Rubber
Sealing Co., Ltd.


text:
EX-99.4
13
doc13.txt
FOR IMMEDIATE RELEASE SYMBOL: TMDN
May 12, 2005 TRADED: Pink Sheets
TAYLOR MADISON ACQUIRES TELZUIT TECHNOLOGIES, INC.
--------------------------------------------------
AND COMPLETES A SECURITIES OFFERING
------------------------------------
ORLANDO, FL - May 12, 2005 - Telzuit Technologies, Inc. d/b/a BioPatch Systems
("Telzuit" or the "Company") and Taylor Madison Corp. (Pink Sheets: TMDN)
announced today that they have closed a definitive Share Exchange Agreement,
providing for the acquisition by Taylor Madison Corp. ("Taylor Madison") of all
of the issued and outstanding shares of Telzuit for an aggregate of 2,207,723
Series B Preferred shares of Taylor Madison. In connection with the
transaction, Taylor Madison will soon change its name to "Telzuit Medical
Technologies, Inc".
Upon completion of the acquisition of Telzuit, Donald Sproat was elected to
serve as President, Chief Executive Officer, and Chief Financial Officer and was
named as a director of Taylor Madison, James Tolan was elected to serve as
Senior Vice President of Business Development of Taylor Madison, and Michael
Vosch was elected to serve as Senior Vice President of Product Development of
Taylor Madison. Each of Messrs. Sproat, Tolan, and Vosch are also officers of
Telzuit.
Also in conjunction with the transaction, Taylor Madison is pleased to announce
that it has concluded a private placement with institutional and other
accredited investors in excess of $500,000. The Company issued 10% Convertible
Debentures and Class A Warrants to the group of investors. Midtown Partners &
Co., LLC acted as the sole placement agent in this transaction.
According to Donald Sproat, President and Chief Executive Officer of Taylor
Madison and Telzuit, "The development of our business model calls for rapid
growth, and the completion of the share exchange with Taylor Madison is an
important step in that development. Being a publicly traded company should
allow us to raise additional capital and accelerate the placement of our initial
product as well as fund the brisk development of successive products".
"We are pleased that our acquisition of Telzuit was completed in a timely
fashion", notes Michael B. Wellikoff, former Chairman of Taylor Madison Corp.
"We believe that the acquisition of Telzuit Technologies is in the best interest
of all Taylor Madison shareholders".
ABOUT TELZUIT TECHNOLOGIES, INC.
Telzuit Technologies, Inc. is dedicated to providing advanced mobile medicine
for people worldwide. The first step in this mission will initially take the
form of our state-of-the-art, FDA approved, Bio-Patch Wireless Heart Monitor.
This is a full 12-lead, completely wireless, Holter monitor which is new to the
marketplace. The Company anticipates that the product will be available to
patients and physicians during the 2005 calendar year.
Telzuit is also building its own dedicated intranet as a platform to handle
several of the products it will be releasing, including its initial product.
More information on Telzuit, its business model, and its products can be found
on its website: www.telzuit.com.
ABOUT MIDTOWN PARTNERS & CO., LLC
Originally founded in May 2000, Midtown Partners & Co., LLC is an investment
bank focused on private placement investment banking opportunities. The
investment banking group at Midtown Partners & Co., LLC was founded on the
premise that client relationships and industry focus are keys to the success of
emerging growth companies. Such companies require investment banking services
from a firm with a unique understanding of the marketplace and the nature of
these transactions. Additional information can be found at
www.midtownpartners.com.
The corporate offices of Taylor Madison and Telzuit are located at 5422 Carrier
Drive, Suite 306, Orlando, FL 32819. Questions may be addressed to James Tolan,
Senior Vice President of Business Development, at (407) 354-1222.
FORWARD-LOOKING-STATEMENT: Except for factual statements made herein, the
information contained in this press release consists of forward-looking
statements that involve risks and uncertainties, including the effect of
changing economic conditions, competition within the credit and security
industry, customer acceptance of products and other risks and uncertainties.
Such forward-looking statements are not guarantees of performance, and Taylor
Madison and Telzuit results could differ materially from those contained in such
statements. These forward-looking statements speak only as of the date of this
release, and Taylor Madison and Telzuit undertake no obligation to publicly
update any forward-looking statements to reflect new information, events or
circumstances after the date of this release.
# # #

text: TAYLOR MADISON

text: TELZUIT TECHNOLOGIES, INC.

text: Telzuit Technologies, Inc.

text: Telzuit

text: Taylor Madison Corp.

text: Taylor Madison Corp.

text: Taylor Madison

text: Telzuit

text: Taylor Madison

text: Taylor Madison

text: Telzuit

text: Telzuit

text: Donald Sproat

text: Taylor Madison

text: Taylor Madison

text: Taylor Madison

text: Telzuit

text: Taylor Madison

text:
Midtown Partners &
Co., LLC

text: Donald Sproat

text:
Taylor
Madison

text: Telzuit

text: Taylor Madison

text: Telzuit

text: Taylor Madison Corp.

text: Taylor Madison

text: TELZUIT TECHNOLOGIES, INC.

text: Telzuit Technologies, Inc.

text: Telzuit

text: Telzuit

text: MIDTOWN PARTNERS & CO., LLC

text: Midtown Partners & Co., LLC

text: Midtown Partners & Co., LLC

text: Taylor Madison

text: Telzuit

text:
Taylor
Madison

text: Telzuit

text: Taylor Madison

text: Telzuit


text:
EX-99.1
3
exhibit991-pressrelease112.htm
PRESS RELEASE
EXHIBIT 99.1 - PRESS RELEASE 11/21/13
Exhibit 99.1
FOR IMMEDIATE RELEASE
Thursday, November 21, 2013
4:30 P.M. CST
A. H. Belo Corporation and Freedom Communications Holdings, Inc. Complete Press-Enterprise Transaction
DALLAS, TX and SANTA ANA, CA - A. H. Belo Corporation (NYSE: AHC) and Freedom Communications Holdings, Inc. (Freedom) announced today that the previously announced sale of The Press-Enterprise is now complete.
Freedom acquired substantially all of the assets which comprise the newspaper operations of The Press-Enterprise located in Riverside, CA (including the production facility and related land) for $27.25 million. A. H. Belo continues to own and market for sale the land and buildings associated with a discontinued commercial printing operation in Riverside, CA. The Press-Enterprise will maintain its primary business offices in Riverside.
Jim Moroney, Chairman, President and Chief Executive Officer of A. H. Belo, said, "We are pleased the transaction has closed, and wish our colleagues in Riverside all the best as they go forward as part of Freedom Communications".
Aaron Kushner, co-owner and Chief Executive Officer of Freedom Communications, said, "We appreciate the stewardship provided by A. H. Belo to The Press-Enterprise, an institution that plays an incredibly important role in building community and adding richness to people's lives. Our focus moving forward will be to enhance the ways we can provide value to subscribers of The Press-Enterprise and the greater community".
About A. H. Belo Corporation
A. H. Belo Corporation (NYSE: AHC), headquartered in Dallas, Texas, is a distinguished newspaper publishing and local news and information company that owns and operates three daily newspapers and related websites. A. H. Belo publishes The Dallas Morning News, Texas' leading newspaper and winner of nine Pulitzer Prizes; The Providence Journal, the oldest continuously-published daily newspaper in the United States and winner of four Pulitzer Prizes; and the Denton Record-Chronicle. The Company publishes various niche publications targeting specific audiences, and its investments include Classified Ventures, owner of Cars.com, and Wanderful Media, owner of Find&Save. A. H. Belo offers digital marketing solutions through 508 Digital and Speakeasy and
P.O. Box 224866 Dallas, Texas 75222-4866 Tel. 214.977.8200 Fax 214.977.8201
www.ahbelo.com Deliveries: 508 Young Street Dallas, Texas 75202
also owns and operates commercial printing, distribution and direct mail service businesses. Additional information is available at www.ahbelo.com or by contacting Alison K. Engel, Senior Vice President/Chief Financial Officer, at 214-977-2248.
About Freedom Communications Holdings, Inc.
Freedom Communications, headquartered in Santa Ana, Calif., is a privately-owned company that publishes four daily newspapers - Daily Press in Victorville, Calif., Desert Dispatch in Barstow, Calif., the Long Beach Register in Long Beach, Calif. and the Orange County Register in Santa Ana, Calif. Freedom also publishes more than 30 community newspapers that serve specific cities, audiences and geographic areas, including Spanish-language Excelsior. Freedom publishes highly designed glossy magazines and operates a custom publishing unit. The company's portfolio also includes news and entertainment websites and mobile applications. For more information, visit freedom.com or contact Eric Morgan at 714-796-2460 or emorgan@freedom.com.
-30-
P.O. Box 224866 Dallas, Texas 75222-4866 Tel. 214.977.8200 Fax 214.977.8201
www.ahbelo.com Deliveries: 508 Young Street Dallas, Texas 75202

text: Freedom

text: Freedom

text: Freedom

text: The Press-Enterprise

text: Freedom

text: The Press-Enterprise

text: The Press-Enterprise

text: Jim Moroney

text: Freedom

text: Freedom

text: The Press-Enterprise

text: The Press-Enterprise

text: Freedom

text: Freedom

text: Freedom

text: Freedom


text:
EX-99.1
2
v198806_ex99-1.htm
Unassociated Document
Exhibit 99.1
ONE
LIBERTY PROPERTIES COMPLETES THE ACQUISITION OF A WHOLE FOODS MARKET FOR $20.55
MILLION
Great Neck, New York
- October
12, 2010 - One Liberty Properties, Inc. (NYSE:OLP) announced today that it has
acquired a retail property leased to Whole Foods Market, Inc (NASDAQ: WFMI)
located in West Hartford, Connecticut for $20.55
million. Approximately $13.0 million of the purchase price was paid
through the assumption of an existing first mortgage and the balance was paid in
cash.
The
property is 47,174 square feet and is situated on 3.72 acres that includes the
supermarket and a related parking lot. The property is prominently located
across from the approximately 550,000 square foot Mixed Development Retail
Lifestyle Center -Blue Black Square. The Whole Foods market is ten minutes away
from the communities of Farmington, Avon, Simsbury and Canton, Connecticut and
is easily accessible along routes 4 and 44, in the greater Hartford
area. The leases expire January 31, 2026 and are subject to four
renewal options, each option for five years.
With this
acquisition, the Company has added ten properties in 2010 to its portfolio at a
cost of approximately $62 million.
"Today's
acquisition is another positive step toward our stated intention to add quality
assets that will both increase cash flow and contribute to the growth of the
Company", stated Patrick J. Callan, Jr., President and Chief Executive Officer
of One Liberty Properties.
About
One Liberty Properties:
One
Liberty is a self-administered and self-managed real estate investment trust
organized in 1982. The primary business of the Company is to acquire, own and
manage a geographically diversified portfolio of retail, industrial, office and
other properties under long term leases. Substantially all of our leases are
"net leases", under which the tenant is responsible for real estate taxes,
insurance and ordinary maintenance and repairs.
Forward-Looking
Statement:
Certain
information contained in this press release, together with other statements and
information publicly disseminated by One Liberty Properties, Inc. is forward
looking within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities and Exchange Act of 1934, as amended.
We intend such forward looking statements to be covered by the safe harbor
provision for forward looking statements contained in the Private Securities
Litigation Reform Act of 1995 and include this statement for the purpose of
complying with these safe harbor provisions. Information regarding certain
important factors that could cause actual outcomes or other events to differ
materially from any such forward looking statements appear in the Company's Form
10-K for the year ended December 31, 2009 and in particular in the section
entitled Item 1.A. Risk Factors.You should not rely on forward looking
statements since they involve known and unknown risks, uncertainties and other
factors which are, in some cases, beyond our control and which could materially
affect actual results, performance or achievements.
Contact:
Investor
Relations
PHONE
(516)
466-3100
60 Cutter
Mill Road, Suite 303
Great
Neck, New York
www.onelibertyproperties.com

text: LIBERTY PROPERTIES

text: One Liberty Properties, Inc.

text: Whole Foods Market, Inc

text: One Liberty Properties, Inc.


text:
EX-99.1
10
v020953_ex99-1.htm
FOR
IMMEDIATE RELEASE
Puda
Investment Holding Limited Completes Exchange Transaction
and
Merges into Public Shell
Vero
Beach, FL - July 18, 2005 -- Purezza Group, Inc. (OTC BB:
PRZA)
("Purezza") announced today that effective July 15, 2005, it has completed its
Exchange Transaction with, Shanxi Puda Resources Co., Ltd. ("Shanxi Puda"),
Puda Investment Holding Limited ("Puda"), a British Virgin Islands company, and
each of the members of Puda (the "Puda Members"). Puda, through its affiliates
and controlled entities, including Shanxi Puda, is engaged in the business
of
coal crushing, preparation, and cleaning.
Puda
currently has annual production of 1,200,000 tons of cleaned coal and management
believes it is the largest cleaned coal processing company in the Shanxi
province and among the top five in the nation. To further strengthen its
market
position and enhance its competitiveness, Puda is aggressively increasing
its
production capacity and planning to double its capacity in 2005 and quadruple
its capacity in 2006 through new machine installation and acquisition. Given
the
scarcity in resource and the robust economic growth in the PRC, demand for
coal
and especially high-quality coal is expected to be strong.
Puda's
consolidated revenues increased by 47% from 2003 to 2004, with Puda generating
revenues of $13.4 million and $19.7 million in 2003 and 2004, respectively.
The
majority of Puda's customers are in central and northern China.
At
the
closing, Purezza acquired all of the outstanding capital stock and ownership
interests of Puda (the "Interests") from the Puda Members. In exchange, Purezza
issued to the Puda Members 1,000,000 shares of Series A Convertible Preferred
Stock, par value $0.01 per share, of Purezza, which are convertible into
678,500,000 shares of Purezza's common stock. Effective as of the closing, Puda
became a wholly-owned subsidiary of Purezza and the historical business
operations of Puda will comprise Purezza's principal business operations going
forward. Keating Securities, LLC acted as financial advisor to Purezza in
the
transaction.
Immediately
following the closing, the Puda Members will own 92% of the outstanding shares
of Purezza's common stock, or 678,500,000 shares on an as converted basis, and
the existing shareholders of Purezza will own 8% of the outstanding shares
of
Purezza's common stock, or approximately 59,000,000 shares. On an as converted
basis, Purezza will have 737,500,000 shares of common stock outstanding.
Purezza
expects that, upon approval by a majority of its stockholders, it will change
its corporate name and approve a 1-for-10 reverse stock split of its outstanding
common stock.
The
existing officer of Purezza, Kevin R. Keating, will be replaced by a newly
appointed board of directors. Zhao Ming, Puda's current Chairman and Chief
Executive Officer, will become one of three directors of Purezza. One
independent director will be designated by Keating Reverse Merger Fund, LLC,
the
current majority stock holder of Purezza, and Zhao Ming may designate another
person to fill the remaining vacant position on the board of
directors.
About
Puda
Puda,
through its affiliates and controlled entities, including Puda, specializes
in
coal preparation by applying a water jig washing technology. Coal preparation,
also referred to as coal beneficiation or coal cleaning, is a physical process
and the stage in coal production when the raw run-of-mine coal is processed
into
a range of cleaned, graded, and uniform coal products suitable for metallurgical
purpose, such as steel making. High-grade cleaned coal production depends
on
high-grade raw coal inputs, and Puda's coal washing facilities are located in
Liulin County of Shanxi Province, where top grades of coking coal reserves
exist. The coal from this area has been known as the "King of Coal" in
China.
Forward-looking
Statements
This
information may involve known and unknown risks, uncertainties and other
factors
which may cause the actual results, performance or achievements of Purezza
and
Puda to be materially different from future results, performances or
achievements expressed or implied by any forward-looking statements.
Forward-looking statements, which involve assumptions and describe the Purezza's
and Puda's future plans, strategies and expectations, are generally identifiable
by use of the words "may,""should,""expect,""anticipate,""estimate,""believe,""intend" or "project" or the negative of theses words or other
variations on these words or comparable terminology. Forward-looking statements
are based on assumptions that may be incorrect, and there can be no assurance
that any projections or other expectations included in any forward-looking
statements will come to pass. Purezza's and Puda's actual result could differ
materially from those expressed or implied by the forward-looking statements
as
a result of various factors. Except as required by applicable laws, Purezza
undertakes no obligation to update publicly any forward-looking statements
for
any reason, even if new information becomes available or other event in the
future.
CONTACT:
Pamela
A. Solly
Keating
After Market Support, LLC
(720)
489-5876

text: Purezza Group, Inc.

text: Purezza

text: Shanxi Puda Resources Co., Ltd.

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Keating Securities, LLC

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza

text: Purezza


text:
EX-99.2
3
ozrk-ex992_31.htm
EX-99.2
ozrk-ex992_31.htm
Exhibit 99.2
NEWS RELEASE
Release Time:
Immediate
Contact:
Susan Blair, (501) 978-2217
Date:
July 21, 2016
Bank of the Ozarks, Inc. Announces Completion of its Merger
With C1 Financial, Inc.
LITTLE ROCK, ARKANSAS - Bank of the Ozarks, Inc. (NASDAQ: OZRK) ("Company") announced today the completion of its merger of C1 Financial, Inc. ("C1") with and into the Company effective July 21, 2016. Simultaneous with the closing of this merger, C1 Bank, C1's wholly-owned bank subsidiary, merged with and into the Company's wholly-owned bank subsidiary, Bank of the Ozarks. This is the Company's fifteenth acquisition since March of 2010. At June 30, 2016, C1 had approximately $1.7 billion of total assets, $1.4 billion of loans and $1.3 billion of deposits.
Pursuant to the terms of the merger agreement, each share of C1 common stock issued and outstanding immediately prior to the closing was converted into the right to receive 0.6283 of a share of the Company's common stock. Any fractional shares will be paid in cash. In connection with the closing of the merger, the Company issued approximately 9.4 million shares of its common stock to C1 shareholders, net of shares redeemed in exchange for certain C1 Bank loans sold to an affiliate of a former C1 shareholder.
"Bank of the Ozarks is very pleased to complete the acquisition of C1 Bank, providing 33 strategically located and highly complementary Florida offices, including offices in some of Florida's highest growth and strongest economic markets. We expect C1's unique culture and leadership in technology and innovation to be transformational in our quest to be an industry leader in best-in-class customer experiences and operational efficiency. We have already begun to implement technology enhancements developed at C1 Bank which will benefit our clients
throughout our nine state footprint and provide increased operational efficiencies. Our Florida clients now have access to 44 Florida banking offices and expanded service offerings", commented George Gleason, Chairman and Chief Executive Officer of Bank of the Ozarks.
Trevor Burgess, formerly President and Chief Executive Officer of C1 and founder of C1 Bank, was named Chief Innovation Officer of the Company and its bank subsidiary. Burgess is recognized nationally for his leadership in banking innovation and was named
American Banker's
Community Banker of the Year in 2014. Alan Randolph, formerly Executive Vice President and Senior Lender with C1 Bank, was named Florida Division President at Bank of the Ozarks, overseeing Bank of the Ozarks' 44 Florida banking offices.
ABOUT BANK OF THE OZARKS, INC.
Bank of the Ozarks, Inc. is a bank holding company with $12.28 billion in total assets as of June 30, 2016 and its shares trade on the NASDAQ Global Select Market under the symbol "OZRK." The Company owns a state-chartered subsidiary bank that conducts banking operations through 257 offices in Arkansas,
Georgia, Florida, Texas, North Carolina, Alabama, South Carolina, New York and California. The Company may be contacted at (501) 978-2265 or P. O. Box 8811, Little Rock, Arkansas 72231-8811. The Company's website is:
www.bankozarks.com
.
CAUTION ABOUT FORWARD-LOOKING STATEMENTS
This release and other communications by the Company include certain "forward-looking statements" about the Company that are intended to be covered by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management's expectations as well as certain assumptions and estimates made by, and information available to, management at the time. Those statements are subject to certain risks, uncertainties and other factors that may cause actual results to differ materially from those expressed in such forward-looking statements. These forward-looking statements include, among others, statements about the benefits of the business combination transaction involving the Company and C1, including expectations with respect to future financial and operational performance and other statements that are not historical facts. We caution readers that a number of important factors could cause actual results to differ materially from those expressed in, implied or projected by, such forward-looking statements. Risks and uncertainties relating to the transaction with C1 include, but are not limited to, the ability to successfully integrate the two institutions and achieve expected synergies and operating efficiencies on the expected timeframe. For a discussion of risks and
uncertainties relating to the Company's business, investors and security holders are urged to read the Company's annual report on Form 10-K, quarterly reports on Form 10-Q and other reports filed by the Company with the Securities and Exchange Commission (the "SEC"). If any of these risks or uncertainties materializes or if any of the assumptions underlying such forward-looking statements proves to be incorrect, the Company's results could differ materially from those expressed in, implied or projected by such forward-looking statements. Forward-looking statements speak only as of the date they are made, and the Company assumes no obligation to update such forward-looking statements.

text: Bank of the Ozarks

text: C1 Financial, Inc.

text: Bank of the Ozarks, Inc.

text: C1 Financial, Inc.

text: C1 Bank

text: Bank of the Ozarks

text: C1 Bank

text: Bank of the Ozarks

text: C1 Bank

text: C1 Bank

text: George Gleason

text: Bank of the Ozarks

text: C1 Bank

text: C1 Bank

text: Bank of the Ozarks

text: Bank of the Ozarks

text: BANK OF THE OZARKS, INC.

text: Bank of the Ozarks, Inc.