text:
EX-99.1
3
dp23010_ex9901.htm
EXHIBIT 99.1
Exhibit 99.01
Press Release
www.shire.com
Shire completes acquisition of Advanced BioHealing, Inc.
Dublin, Ireland - June 28, 2011
- Shire plc (LSE: SHP, NASDAQ: SHPGY), the global specialty biopharmaceutical company, announces that following the satisfaction of the closing conditions, including the expiry of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the acquisition of Advanced BioHealing, Inc. ("ABH"), as first announced on May 17, 2011, has been completed.
The Advanced BioHealing business becomes part of Shire's Specialty Pharmaceuticals business, led by Mike Cola, and will leverage biologic manufacturing expertise from Shire's Human Genetic Therapies business. Kevin Rakin, Chief Executive Officer of Advanced BioHealing, will continue to lead this business within the Shire organization.
For further information please contact:
Investor Relations
Eric Rojas (
erojas@shire.com
)
+1 781 482 0999
Sarah Elton-Farr (
seltonfarr@shire.com
)
+44 1256 894157
Media
Jessica Mann (
jmann@shire.com
)
+44 1256 894 280
Matthew Cabrey (
mcabrey@shire.com
)
+1 484 595 8248
Notes to editors
SHIRE PLC
Shire's strategic goal is to become the leading specialty biopharmaceutical company that focuses on meeting the needs of the specialist physician. Shire focuses its business on attention deficit hyperactivity disorder (ADHD), human genetic therapies (HGT) and gastrointestinal (GI) diseases as well as opportunities in other therapeutic areas to the extent they arise through acquisitions. Shire's in-licensing, merger and acquisition efforts are focused on products in specialist markets with strong intellectual property protection and global rights. Shire believes that a carefully selected and balanced portfolio of products with strategically aligned and relatively small-scale sales forces will deliver strong results.
For further information on Shire, please visit the Company's website:
www.shire.com
.
Registered in Jersey, No. 99854, 22 Grenville Street, St Helier, Jersey JE4 8PX
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
Statements included herein that are not historical facts are forward-looking statements. Such forward-looking statements involve a number of risks and uncertainties and are subject to change at any time. In the event such risks or uncertainties materialize, the Company's results could be materially adversely affected. The risks and uncertainties include, but are not limited to, risks associated with: the inherent uncertainty of research, development, approval, reimbursement, manufacturing and commercialization of the Company's Specialty Pharmaceuticals and Human Genetic Therapies products, as well as the ability to secure and integrate new products for commercialization and/or development; government regulation of the Company's products; the Company's ability to manufacture its products in sufficient quantities to meet demand; the impact of competitive therapies on the Company's products; the Company's ability to register, maintain and enforce patents and other intellectual property rights relating to its products; the Company's ability to obtain and maintain government and other third-party reimbursement for its products; and other risks and uncertainties detailed from time to time in the Company's filings with the Securities and Exchange Commission.

text: Shire

text: Advanced BioHealing, Inc.

text: Shire

text: Advanced BioHealing, Inc.

text: Shire

text: Shire

text: Kevin Rakin

text: Shire

text: SHIRE

text: Shire

text: Shire

text: Shire

text: Shire

text: Shire


dataset: buster

text:
EX-99.1
3
d72873_ex99-1.txt
PRESS RELEASE OF C&D TECHNOLOGIES, INC
EXHIBIT 99.1
C&D TECHNOLOGIES, INC.
----------------------------------------------------------------------------
Power Solutions
1400 Union Meeting Road
Blue Bell, PA 19422
Phone: 215-619-2700
Fax: 215-619-7841
Shareholder Contacts:
Ian J. Harvie of C&D: 215-619-7835
Joseph Crivelli of Gregory FCA, for C&D: 610-642-8253
FOR IMMEDIATE RELEASE
C&D Technologies Sells Assets of Motive Power Division to
Crown Battery Manufacturing Company
BLUE BELL, Pa., October 24, 2007 -- C&D Technologies, Inc. ("C&D") (NYSE: CHP)
today announced completion of the sale of certain assets of its Motive Power
Division to Crown Battery Manufacturing Company("Crown") of Fremont, Ohio for an
undisclosed sum. C&D has also entered into a five year agreement with Crown to
market C-LINE(R), V-LINE(R) and VELOCITY(TM) batteries. Crown will also supply
sealed LIBRA batteries and FERRO series chargers to the motive power industry.
Under the terms of the arrangement Crown will become the authorized warranty
service provider for the installed base of C&D's motive batteries and chargers.
Additionally, Crown will take over C&D's motive power branch operations in
Canada, New York and California.
Dr. Jeffery Graves, CEO of C&D Technologies commented, "This transaction
concludes our reshaping of C&D, and focuses us exclusively on Standby Power
where we occupy a market-leading position in telecommunications, cable
television, uninterruptable power supplies and the utility industry. This
transaction is a good fit for both Crown and C&D, and importantly it also
provides for a smooth transition to our loyal motive customer base, many of whom
have been with us for over 50 years. We look forward to a mutually beneficial
long term relationship with Crown".
Hal Hawk, President of Crown Battery Manufacturing commented, "This purchase is
in line with our long-term strategic plan, and will position us for continued
growth in our desired markets. Our ability to provide warranty support to their
existing customers will yield a seamless transition".
About C&D Technologies: C&D Technologies, Inc. provides solutions and services
for the switchgear and control (utility), telecommunications, and
uninterruptible power supply (UPS) as well as emerging markets such as solar
power. C&D Technologies engineers, manufactures, sells and services fully
integrated reserve power systems for regulating and monitoring power flow and
providing backup power in the event of primary power loss until the primary
source can be restored. C&D Technologies is headquartered in Blue Bell, PA. For
more information about C&D Technologies, visit http://www.cdtechno.com.
About Crown Battery Manufacturing Company, Inc.: Crown Battery is a
privately-owned manufacturer and marketer of industrial batteries and chargers
to the material handling, mining and railroad industries. Additionally, Crown
manufactures automotive-style and commercial battery products to a multitude of
markets including floor-care, marine, commercial truck and automotive
aftermarket. For more than 80 years, Crown Battery has served the world's power
needs from its corporate headquarters in Fremont, Ohio. For more information,
you can find us as www.crownbattery.com.
Forward-looking Statements: This press release may 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), which are based on
management's current expectations and are subject to uncertainties and changes
in circumstances. Words and expressions reflecting something other than
historical fact are intended to identify forward-looking statements, but are not
the exclusive means of identifying such statements. Factors that appear with the
forward- looking statements, or in the company's Securities and Exchange
Commission filings (including without limitation the company's annual report on
Form 10-K for the fiscal year ended January 31, 2007, or the quarterly and
current reports filed on Form 10-Q and Form 8-K thereafter), could cause the
company's actual results to differ materially from those expressed in any
forward- looking statements made herein.
SOURCE C&D Technologies, Inc.

label: organization

text: C&D TECHNOLOGIES

text: C&D TECHNOLOGIES, INC.

text: C&D Technologies

text: Crown Battery Manufacturing Company

text: C&D Technologies, Inc.

text: Crown Battery Manufacturing Company

label: person

text: Jeffery Graves

text: C&D Technologies

text: Hal Hawk

text: C&D Technologies

text: C&D Technologies, Inc.

text: C&D Technologies

text: C&D Technologies

text: C&D Technologies

text: Crown Battery Manufacturing Company

text: C&D Technologies, Inc.

source_dataset: expertai/BUSTER

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


text:
EX-99.3
5
release.txt
PRESS RELEASE DATED SEPTEMBER 24, 2004
FOR IMMEDIATE RELEASE: CONTACT:
Valhi, Inc. Bobby D. O'Brien
Three Lincoln Centre Vice President and Chief Financial
5430 LBJ Freeway, Suite 1700 Officer
Dallas, Texas 75240-2697 (972) 233-1700
NL Industries, Inc. Gregory M. Swalwell
Three Lincoln Centre Vice President, Finance and Chief
5430 LBJ Freeway, Suite 1700 Financial Officer
Dallas, Texas 75240-2697 (972) 233-1700
NL INDUSTRIES, INC. ANNOUNCES ACQUISITION OF STOCK OF
COMPX INTERNATIONAL INC.
DALLAS, TEXAS... September 24, 2004... Valhi, Inc. (NYSE: VHI)
and NL Industries, Inc. (NYSE: NL) announced today that NL has completed the
acquisition of approximately 68% of the outstanding shares of common stock of
CompX International Inc. owned by Valhi and its wholly-owned subsidiary, Valcor,
Inc., at a purchase price of $16.25 per share, or an aggregate of approximately
$168.6 million. The purchase price was paid by NL's transfer to Valhi and Valcor
of $168.6 million of NL's $200 million long-term note receivable from Kronos
Worldwide, Inc. On May 20, 2004, NL announced that it had established a Special
Committee of its Board of Directors comprised of directors who are not
affiliated with Valhi to consider a possible transaction. Cypress Associates LLC
served as financial advisor to NL's Special Committee and has rendered an
opinion to the Special Committee that the purchase price is fair, from a
financial point of view, to NL. Piper Rudnick LLP served as independent legal
advisor to NL's Special Committee. The Boards of Directors of Valhi and NL also
have approved the transaction.
* * * * * *

text: Valhi

text: NL Industries, Inc.

text: NL INDUSTRIES, INC.

text: COMPX INTERNATIONAL INC.

text: Valhi

text: NL Industries, Inc.

text: NL

text: NL

text: CompX International Inc.

text: Valhi

text: NL

text: Valhi

text: NL

text: NL

text: Valhi

text: Cypress Associates LLC

text: NL

text: NL

text: Piper Rudnick LLP

text: NL

text: Valhi

text: NL


text:
EX-99.1
2
mrkex-991.htm
EXHIBIT 99.1 PRESS RELEASE OCT 1 2014
MRK EX-99.1
Exhibit 99.1
News Release
FOR IMMEDIATE RELEASE
Media Contacts:
Pamela Eisele
Investor Contacts:
Joe Romanelli
(267) 305-3558
Steve Cragle
(908) 423-3461
(908) 423-5185
Justin Holko
(908) 423-5088
Merck Completes Sale of Consumer Care Business to Bayer AG for $14.2 Billion
Worldwide Collaboration to Market and Develop Portfolio of Soluble Guanylate Cyclase (sGC) Modulators Commences
WHITEHOUSE STATION, N.J., Oct. 01, 2014 - Merck (NYSE: MRK), known as MSD outside the United States and Canada, said today it has completed the previously announced sale of the Merck Consumer Care (MCC) business to Bayer AG. Effective today, Bayer will acquire Merck's existing over-the-counter business, including the global trademark and prescription rights for CLARITINTM and AFRINTM, for $14.2 billion or approximately $9 billion in after-tax proceeds, less customary closing adjustments as well as certain contingent amounts held back that will be payable upon the manufacturing site transfer in Canada and regulatory approvals in Mexico and Korea.
"The proceeds from this sale, combined with our strong operating cash flow, give us greater flexibility to invest in opportunities that augment the company's pipeline and product portfolio, such as the purchase of Idenix to strengthen our hepatitis C portfolio, while at the same time continuing to return capital to shareholders", said Kenneth C. Frazier, chairman and chief executive officer, Merck.
In conjunction with this transaction, Merck has also entered into the previously announced worldwide collaboration between the companies to develop and commercialize soluble guanylate cyclase (sGC) modulators. This collaboration, effective today, includes Bayer's ADEMPASTM (riociguat), the first in a novel class of compounds and the only treatment approved for both pulmonary arterial hypertension (PAH) and chronic thromboembolic pulmonary hypertension (CTEPH), as well as the investigational compound vericiguat that is currently in Phase 2 development. The collaboration also includes opt-in rights for other early-
- 2 -
stage sGC compounds in development by both companies. Merck will be making an upfront payment of $1 billion in connection with the sGC collaboration.
As previously communicated, the two companies will equally share certain costs and net sales for all products and candidates included in the collaboration, with additional milestone payments due upon the achievement of agreed-upon sales goals. For ADEMPASTM, Bayer will continue to lead commercialization in the Americas, while Merck will transition to lead commercialization in the rest of the world. In order to preserve business continuity in markets outside of the Americas where ADEMPASTM is launching, Bayer will continue to provide commercialization support on behalf of Merck for a period of time. Working together, both companies will have the resources, capabilities and experience to realize the full potential of ADEMPASTM and the promising class of sGC modulation therapy.
About Merck
Today's Merck is a global healthcare leader working to help the world be well. Merck is known as MSD outside the United States and Canada. Through our prescription medicines, vaccines, biologic therapies and animal health products, we work with customers and operate in more than 140 countries to deliver innovative health solutions. We also demonstrate our commitment to increasing access to healthcare through far-reaching policies, programs and partnerships. For more information, visit www.merck.com and connect with us on Twitter, Facebook and YouTube.
Forward-Looking Statement
This news release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These statements are based upon the current beliefs and expectations of Merck's management and are subject to significant risks and uncertainties. There can be no guarantees with respect to pipeline products that the products will receive the necessary regulatory approvals or that they will prove to be commercially successful. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements.
Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of pharmaceutical industry regulation and health care legislation in the United States and internationally; global trends toward health care cost containment;
- 3 -
technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; Merck's ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of Merck's patents and other protections for innovative products; the exposure to litigation, including patent litigation, and/or regulatory actions.
Merck undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in Merck's 2013 Annual Report on Form 10-K and the company's other filings with the SEC available at the SEC's Internet site (www.sec.gov).
# # #

text: Merck

text: Bayer AG

text: Merck

text: Merck Consumer Care

text: Bayer AG

text: Bayer

text: Merck

text: Kenneth C. Frazier

text: Merck

text: Merck

text: Bayer

text: Merck

text: Bayer

text: Merck

text: Bayer

text: Merck

text: Merck

text: Merck

text: Merck

text: Merck

text: Merck

text: Merck

text: Merck

text: Merck


text:
EX-99.1
5
exhibit991.htm
PRESS RELEASE DATED APRIL 11, 2017
SEARCH BY HEADLINES
FORTEM RESOURCES INC. ACQUIRES 20 SECTIONS (12,960 ACRES) OF OIL AND GAS LEASES IN NORTHERN ALBERTA
April 11, 2017 - Fortem Resources Inc. (OTCQB: FTMR)
(the "
Company
") is pleased to announce that on April 7, 2017, it entered into and closed two Membership Interest Purchase Agreements with three arm's length vendors to acquire all the membership interests of Colony Energy, LLC, a Nevada limited liability company. Colony Energy holds a 100% interest in and to certain petroleum, natural gas and general rights, including Alberta Crown Petroleum and Oil Leases, in 20 contiguous sections totalling 12,960 acres located in the Godin area of Northern Alberta.
The Godin land leases consist of the Wabiskaw formation on which an analog well (13-27-082-02W5/0) in the Western edge of the acreage has tested oil and showed moveable oil in the shakers during the drilling process. Approximately 26 kilometers to the east of our Godin property is the highly successful Canadian Natural Resources Limited ("CNRL") Pelican Lake Heavy Oil Project, also known as the Brintnell Project. Colony's Godin property is located between the 13-27-082-02W5/0 well and the Brintnell project where CNRL is producing approximately 50,000 Bopd from the Wabiskaw Formation.
In the annual performance submission to the Alberta Energy Regulator by CNRL, they stated that primary recovery on their leases has been between 5 to 8%, while incremental polymer flooding has increased tertiary recovery to a range from 14 to 30%. Our review and due diligence of the Godin Heavy Oil property has revealed that there are many similarities between the two areas in the Wabiskaw formation. The Godin play is analogous to the CNRL Brintnell Project in that the proposed Godin development is analogous to the Brintnell in depth, porosity, oil saturation and structure.
The Company intends to develop the Godin Project in three phases beginning with a four well vertical, followed by a four section pad development of 10 wells per pad/per section. Phase 3 is intended to be the full development of 20 sections.
Michael Caetano, Director and CEO stated, "We are pleased with the addition of Colony Energy LLC, which comes at an important time during our company's restructuring phase. The Colony asset compliments very well with our 8 section (5,120 acres) Viking play in Compeer Central Alberta, which continues to show drilling activity from known companies. We look forward to building a successful oil and gas company that can withstand today's market prices while benefiting from future upside".
Agreement Terms
In consideration for the acquisition of Colony Energy, we issued an aggregate of 21,000,000 shares of our common stock to the three vendors on the closing date and agreed to issue an additional 3,000,000 shares on a post-closing basis with 1,000,000 shares to be issued to one of the vendors on the first, second and third anniversaries of the closing date.
- 2 -
Colony Energy is a party to a Petroleum, Natural Gas and General Rights Conveyance dated as of March 31, 2017 with an arm's length vendor and the principal shareholder thereof, pursuant to which the vendor is entitled to receive certain milestone payments from Colony Energy in the aggregate amount of up to US$210,000 as partial consideration for the original purchase of the oil and gas assets described above. Pursuant to a Milestone Payment Addendum dated April 7, 2017, we agreed that if Colony Energy fails to make timely payment of any milestone payment and does not remedy such failure within 30 days after receipt of written notice from the vendor, the vendor may elect to
:
(i) have Colony Energy re-convey the purchased assets to the vendor; or (ii) receive 250,000 shares of our common stock, with such re-conveyance or issuance of shares to be in full and final satisfaction of all obligations to make any further milestone payment.
None of the securities issued have been registered under the United States Securities Act of 1933, as amended (the "
1933 Act
"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. The securities issued must not be traded in or from a jurisdiction of Canada unless the conditions in Section 13 of Multilateral Instrument 51-105
Issuers Quoted in the U.S. Over The Counter Markets
are met. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.
About Fortem Resources
Fortem Resources Inc. is a publicly traded oil and gas production, development and exploration company, which holds properties in Western Canada while seeking North American & International expansion through an acquisition strategy. The Company's common shares are quoted on the OTC.QB under the symbol FTMR.
On behalf of the Board of Directors,
FORTEM RESOURCES INC.
"Michael Caetano"
Michael Caetano
Chief Executive Officer
This news release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as statements about: (i) the intention to develop the Godin Project in three phases beginning with a four well vertical followed by a four section pad development of 10 wells per pad; and (ii) the intention to fully develop the 20 sections in the phase 3 program. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks inherent in the oil and gas industry in general; (iii) the inability of the company to finance the execution of its business plan; or (iv) the inability of the Company to achieve the milestones required under the Milestone Payment Addendum. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.

text: FORTEM RESOURCES INC.

text: Fortem Resources Inc.

text: Colony Energy, LLC

text: Colony Energy

text: Michael Caetano

text: Colony Energy LLC

text: Colony Energy

text: Colony Energy

text: Colony Energy

text: Colony Energy

text: Colony Energy

text: Fortem Resources Inc.

text: FORTEM RESOURCES INC.

text: Michael Caetano

text: Michael Caetano


text:
EX-99.1
2
ex_269124.htm
EXHIBIT 99.1
ex_269124.htm
Exhibit 99.1
enabling tomorrow
'
s technologies™
355 South Technology Drive, Central Islip, New York 11722 |
T
631.981.7081 |
F
631.981.7095 | info@cvdequipment.com
CVD Completes the Sale of its 555 North Research Place Facility
CENTRAL ISLIP, N.Y., (Business Wire) - July 29, 2021 - CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems and materials, today announced it closed on the sale of its facility located at 555 North Research Place, Central Islip, New York ("555 Building") for the purchase price of $24,360,000. The Company previously announced it had entered into a contract of sale in March 2021.
Thomas McNeill, Executive Vice President & Chief Financial Officer, said "We are pleased to announce the closing of the sale of the 555 Building on July 26, 2021. Simultaneous with the sale, we satisfied our outstanding mortgage debt, including interest and fees, on the 555 Building in the amount of $9,352,719, as well as costs related to the closing of the transaction, which resulted in net proceeds to the Company of approximately $14.0 million. Further, we have entered into a new IDA agreement with the Town of Islip concerning our remaining facility at 355 South Technology Drive in Central Islip ("355 Building"), which includes, among other things, real estate and sales tax abatements incentives".
Emmanuel Lakios, President and Chief Executive Officer said, "In January 2021 we determined that the 555 Building was not required for present and any foreseen business operations. The sale was a key step in our business strategy by converting brick and mortar to working capital. The working capital will be used for the Company's sustainability, and future growth. The business operations previously located in the 555 Building have been consolidated into the 355 Building and for the Tantaline group into our Denmark facility during the first half of 2021".
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and manufactures a broad range of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. This equipment is used by its customers to research, design, and manufacture these materials or coatings for aerospace engine components, medical implants, semiconductors, solar cells, smart glass, carbon nanotubes, nanowires, LEDs, MEMS, and other applications. Through its application laboratory, the Company provides process development support and process startup assistance with the focus on
enabling tomorrow
'
s technologies
™
.
It's wholly owned subsidiary CVD Materials Corporation provides advanced materials and metal surface treatments and coatings to serve demanding applications in the electronic, biomedical, petroleum, pharmaceutical, and many other industrial markets.
www.cvdequipment.com | www.cvdmaterialscorp.com | www.stainlessdesign.com
Page
1
of
2
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by CVD Equipment Corporation) contains statements that are forward-looking. All statements other than statements of historical fact are hereby identified as "forward-looking statements, "as such term is defined in Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking information involves a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed or anticipated by management. Potential risks and uncertainties include, among other factors, market and business conditions, the COVID-19 pandemic, the success of CVD Equipment Corporation's growth and sales strategies, the possibility of customer changes in delivery schedules, cancellation of, or failure to receive orders, potential delays in product shipments, delays in obtaining inventory parts from suppliers and failure to satisfy customer acceptance requirements. Past performance in not a guaranty of future results.
For further information about this topic please contact:
Thomas McNeill
Phone: (631) 981-7081
Fax: (631) 981-7095 Email:
investorrelations@cvdequipment.com
www.cvdequipment.com | www.cvdmaterialscorp.com | www.stainlessdesign.com
Page
2
of
2

text: CVD Equipment Corporation

text: Emmanuel Lakios

text: CVD Equipment Corporation

text: CVD Equipment Corporation

text: CVD Equipment Corporation

text: CVD Equipment Corporation


text:
EX-99.1
3
ex991.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
Rexford Industrial ACQUIRES industrial PARK for $210.5 MILLION
- Six Building Industrial Complex in Prime Southern California Infill Submarket -
- 2017 Acquisition Volume Exceeds $492 Million -
- Announces New ATM Program and $125 Million Note Issuance -
Los Angeles - July 19, 2017 - Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced the acquisition of a six-building industrial park for approximately $210.5 million. The acquisition was funded with the Company's line of credit as well as the issuance of a $125 million note. Separately, the Company recently launched a new "At the Market" stock offering program ("ATM") with total capacity of $150 million, having utilized the previous $125 million ATM program.
"This acquisition presented a rare opportunity to acquire a critical mass of six Class A industrial buildings within the highly desirable South Bay submarket, adjacent to the nation's two largest ports and at the infill nexus of the nation's largest regional population", stated Howard Schwimmer and Michael Frankel, Co-Chief Executive Officers of the Company. "The complex is 99% leased at in-place lease rates estimated to be approximately 25% below market, on average, presenting opportunities to increase cash flow as 76% of current tenant leases roll through the end of 2020. Year to date, we have completed almost $500 million of acquisitions within our target infill Southern California industrial markets, as we remain focused on the execution of our internal and external growth strategies to increase cash flow and to drive long term value creation for our shareholders".
The Company acquired Rancho Pacifica Industrial Park, consisting of six buildings totaling approximately 1.17 million square feet on 56.01 acres, for $210.5 million, or approximately $180 per square foot. Located within the South Bay submarket in Rancho Dominguez, California, the property encompasses six multi-tenant industrial buildings leased to 23 tenants, featuring market-leading dock-high loading and 24- to 30-foot warehouse clearance within a unique gated, fully secured complex.
The property is located adjacent to the Alameda Intermodal Corridor six miles from the Ports of Long Beach and Los Angeles, with access to five major freeways within a ten-mile radius. According to CBRE, the vacancy rate in the 220 million square foot South Bay industrial submarket was 0.6% in the first quarter of 2017.
On June 12, 2017, the Company launched a new ATM program with total capacity of $150 million, having exhausted its previous $125 million ATM program. Under both programs, the Company issued an aggregate of 4,398,476 shares of common stock during the quarter ended June 30, 2017. The shares were issued at a weighted average offering price of $26.52 per share, providing gross proceeds of approximately $116.6 million and net proceeds of approximately $114.9 million. The new program has approximately $145.2 million of remaining capacity. A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The offering of these securities will be made only by means of a prospectus supplement and related base prospectus. Copies of the prospectus supplement and the related base prospectus may be obtained from the Internet site of the Securities and Exchange Commission at http://www.sec.gov.
Also, on July 13, Rexford issued a $125 million aggregate principal amount of new senior guaranteed notes, which bear interest at 3.93% and mature in July 2027 in a private placement. The net proceeds of such private placement were used to fund a portion of the purchase price for the Rancho Pacifica Industrial Park.
About Rexford Industrial
Rexford Industrial is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. The Company owns 142 properties with approximately 17.7 million rentable square feet and manages an additional 19 properties with approximately 1.2 million rentable square feet.
For additional information, visit www.rexfordindustrial.com.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may", "will", "should", "expects", "intends", "plans", "anticipates", "believes", "estimates", "predicts", or "potential" or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. While forward-looking statements reflect the Company's good faith beliefs, assumptions and expectations, they are not guarantees of future performance. For a further discussion of these and other factors that could cause the Company's future results to differ materially from any forward-looking statements, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2016. The Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes.
Contact:
Investor Relations:
Stephen Swett
424 256 2153 ext. 401
investorrelations@rexfordindustrial.com

text: Rexford Industrial

text: Rexford Industrial Realty, Inc.

text: Rexford Industrial

text: Rexford Industrial

text: Rexford Industrial


text:
EX-99.1
2
a13-21578_1ex99d1.htm
EX-99.1
Exhibit 99.1
PRESS RELEASE
Contact:
Physicians Realty Trust
John T. Thomas
President and CEO
(214)543-6611
John W. Sweet
(414)978-6467
Investors:
The Ruth Group
Stephanie Carrington/David Burke
646 536-7017/7009
scarrington@theruthgroup.com d
burke@theruthgroup.com
Physicians Realty Trust Completes $37.5 Million Transaction with Crescent City Surgical Centre Facility
Milwaukee, WI, September 30, 2013 - Physicians Realty Trust (NYSE: DOC) (the "Company"), a self-managed healthcare properties REIT, announced today that 29 physicians have contributed their membership interest in Crescent City Surgical Centre Facility, LLC ("CCSC Facility") to a limited liability company wholly owned by the Company's operating partnership, Physicians Realty L.P. (the "Company's Operating Partnership"). The transaction was valued at $37.5 million. CCSC Facility owns a state of the art health care facility leased to Crescent City Surgical Centre, L.L.C. ("Crescent City Surgical"). This facility was developed and owned by the 29 physicians, who also own the tenant. Upon contribution of their membership interest in CCSC Facility to the Company's Operating Partnership, the physicians received 954,877 operating partnership units, valued at $11,534,909 for the purposes of this transaction, as well as additional cash consideration. The Company also paid off all debt incurred by CCSC Facility to build the building.
The Company's Operating Partnership entered into a definitive contribution agreement with the physicians and completed the transaction on September 30, 2013. Situated in the economically vibrant and high ground in Metairie, Louisiana, a suburb of New Orleans, the surgical center contains 60,000 square feet of clinical space and inpatient rooms, and provides a full range of outpatient and inpatient surgical services in eight state-of-the-art operating rooms. Clinical services include orthopedics, neurosurgical and spine care, bariatric and general surgery, and a full range of surgical services. Built in 2010, the facility is located along Causeway Boulevard, providing very convenient access to physicians and patients from both the south shore of Lake Pontchartrain and the affluent suburbs of the lake's north shore. Crescent City Surgical entered into a new 15-year absolute-net lease for 100% of the building upon closing of this transaction.
John T. Thomas, President and CEO of Physicians Realty Trust, stated, "The purchase of this state of the art surgical center fits well within our current portfolio of properties. In line with our investment criteria, the facility is located in an attractive area of New Orleans and is utilized by some of the premier specialists in region. In the two years since its opening, the center has provided very efficient, high quality healthcare services with excellent patient satisfaction and outcomes. The current lease will provide Physicians Realty Trust with a stable, predictable and growing revenue stream. Additionally, the UPREIT structure we have formed as part of this transaction demonstrates the flexibility and creativity we have when working with physicians, and we are humbled by the Crescent City physicians' investment in our operating partnership, by electing to take more than half of their net consideration in operating partnership units".
Drs. Najeeb M. Thomas, Chad Millet and Thomas Lavin, Initial Members of Crescent City Surgical Centre, remarked, "We designed and developed this medical center with the physician-patient relationship in mind, to redefine healthcare and provide personalized care and attention to our patients and their family members. Along with our 26 physician partners, we are excited to contribute our facility to the Physicians Realty partnership and become investors in Physicians Realty Trust. The Company's management team is unique and understands our mission and we look forward to working with them for years to come".
About Physicians Realty Trust
Physicians Realty Trust is a self-managed healthcare real estate company recently organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare. The Company plans to make an election to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.
Forward-Looking Statements
Certain matters within this press release are discussed using forward-looking language as specified in the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward looking statement. These forward-looking statements may include statements related to the Company's ability to generate internal and external growth and to execute its business plan. For a description of factors that may cause the Company's actual results or performance to differ from its forward-looking statements, please review the information under the heading "Risk Factors" included in the Company's final prospectus in connection with its initial public offering filed by the Company with the Securities and Exchange Commission on July 19, 2013.
2

text: Physicians Realty Trust

text: John T. Thomas

text: Physicians Realty Trust

text: Crescent City Surgical Centre Facility

text: Physicians Realty Trust

text: Physicians Realty L.P.

text: John T. Thomas

text: Physicians Realty Trust

text: Physicians Realty Trust

text: Physicians Realty Trust

text: Physicians Realty Trust

text: Physicians Realty Trust


text:
EX-99.1
3
a4908004ex99_1.txt
EXHIBIT 99.1
Orion HealthCorp Announces Two Strategic Transactions;
Eliminates Significant Losses and Provides Funds for Growth
ATLANTA & HOUSTON--(BUSINESS WIRE)--June 13, 2005--Orion
HealthCorp, Inc. (AMEX:ONH) today announced that, in keeping with its
previously announced strategic plan, it has successfully completed the
sale of its IntegriMED subsidiary. In addition, the Company announced
that it has accepted an offer to purchase its interests in the
ambulatory surgery center (ASC) and the MRI facility in Dover, Ohio.
The terms of the transactions were not disclosed. These transactions
will enable the Company to focus its resources on its core
competencies, which include serving the ambulatory surgery center
market, providing business and management services to physician
clinics, and providing physician billing and collection services to
hospital-based physicians.
The first transaction is the completion of the sale of the
Company's subsidiary, IntegriMED, Inc. to the principals of
eClinicalWorks, LLC, a leading provider of unified end-to-end
ambulatory EMR (Electronic Medical Records) and PM (Practice
Management) systems for multi-location, multi-specialty medical
practices. Under the terms of the agreement originally announced on
May 24, 2005, the principals of eClinicalWorks have purchased
substantially all of the assets of IntegriMED, which provides
integrated business and clinical software and technology solutions for
physicians through an Application Service Provider (ASP) model.
The second transaction involves an offer letter to purchase
Orion's ownership interest in two medical facilities, an ASC and an
MRI, in Dover, Ohio. Under the terms of the offer letter, Orion's
interests in these facilities will be sold to a local hospital for
cash and the assumption of debt. In addition, Orion HealthCorp will
continue to operate the facilities under a long-term management
agreement. The Company expects to complete this transaction during the
second quarter. Upon completion of this transaction, the hospital will
have a majority ownership interest in the centers. As a result of the
expected increase in the hospital's support of these facilities, the
Company anticipates an increase in monthly caseloads and a
corresponding increase in the Company's future management fee compared
with historical levels.
Terrence L. Bauer, chief executive officer of Orion HealthCorp,
said, "These are very important events for our company because they
confirm that the execution phase of our strategic plan has begun. In
addition to the completion of these two events, we continue to
consolidate corporate functions that have been duplicated at our
Houston and Atlanta facilities. The financial effect of the two asset
disposition transactions, as well as the consolidation of corporate
functions, will be to reduce annual expenses by approximately $1.45
million and provide cash that will be used to fund growth in our core
businesses".
Mr. Bauer added, "Orion HealthCorp is making meaningful progress
as we focus on our strengths. We have a defined mission, which will
increase our penetration in the fragmented physician business services
and revenue cycle management marketplaces. We believe that we can
participate and achieve success as an agent of change in the growing
physician services sector".
With the completion of these two transactions, the Company will be
operating three surgery centers, ten physician practice locations and
an expanding revenue cycle management business.
The Company will host a conference call today to discuss these
transactions and the Company's strategic plan. A listen-only
simulcast, as well as a 30-day replay, of the call will be available
on line at www.orionhealthcorp.com and www.earnings.com beginning at
2:00 p.m. Eastern Time.
Orion HealthCorp, Inc. provides complementary business services to
physicians through three business units: SurgiCare, serving the
freestanding ambulatory surgery center market; Integrated Physician
Solutions, Inc., providing business and management services to
physician practices; and Medical Billing Services, Inc., providing
physician billing and collection services and practice management
solutions to hospital-based physicians. The core competency of the
Company is its long-term experience and success in working with and
creating value for physicians. For more information on Orion
HealthCorp, Inc., visit the Company's website at
www.orionhealthcorp.com.
Certain statements in this press release constitute
"forward-looking statements" within the meaning of the Securities Act
of 1933, as amended, and the Securities Exchange Act of 1934, as
amended (the "Acts"). Any statements contained herein that are not
statements of historical fact are deemed to be forward-looking
statements.
The forward-looking statements in this press release are based on
current beliefs, estimates and assumptions concerning the operations,
future results, and prospects of Orion HealthCorp, Inc. and the other
companies described herein. As actual operations and results may
materially differ from those assumed in forward-looking statements,
there is no assurance that forward-looking statements will prove to be
accurate. Forward-looking statements are subject to the safe harbors
created in the Acts. Any number of factors could affect future
operations and results. Orion HealthCorp, Inc. undertakes no
obligation to update publicly any forward-looking statements, whether
as a result of new information or future events.
CONTACT: Orion HealthCorp, Inc.
Terrence L. Bauer, 678-832-1800
or
Keith G. LeBlanc, 713-973-6675

text:
Orion
HealthCorp, Inc.

text: IntegriMED

text: IntegriMED

text: eClinicalWorks

text: eClinicalWorks

text: IntegriMED

text: Terrence L. Bauer

text: Orion HealthCorp, Inc.

text:
Orion
HealthCorp, Inc.

text: Orion HealthCorp, Inc.

text: Orion HealthCorp, Inc.

text: Orion HealthCorp, Inc.

text: Terrence L. Bauer


text:
EX-99
3
f8k082605ex991.htm
99.1 PRESS RELEASE DATED AUG. 24/05
Cascade Energy Inc.
Corporate Headquarters
5151 E. Broadway, Suite 1600
Tucson, AZ 85711
Email: info@cascadeenergyinc.com
Date: Wednesday, August 24, 2005
Trading Symbol: OTCBB:CSCE
Cascade Energy Acquires Interest in Bolloque Project -- a Leduc Oil Play, Alberta, Canada
Cascade Energy, Inc. (OTC BB: CSCE) today is pleased to announce that the Company has acquired a 49% working interest in the Bolloque Project and has advanced funds in full to the operator totaling $450,000 to drill and complete an oil well on the leases. Under the terms of the agreement, Cascade will earn its working interest by drilling, casing and completing one exploratory well on the leases.
The Bolloque Project consists of a Leduc (Devonian) reef target underlying three sections of Petroleum and Natural Gas leases. Three other P & NG leases are included in the project area. The Project lands consist of six sections of P & NG rights leased from the Crown, three sections are thought to overly a Leduc reef build-up on the edge the Cooking Lake platform.
A third party reservoir engineer and an independent geophysicist completed a seismic review and interpretation on the Bolloque Project. The seismic line that crosses the Company's leases is a previously shot, east-west, 2-D seismic line. The line was purchased and re-interpreted by the independent consultants to the Company. The interpretation confirms that a Leduc Pinnacle Reef buildup exists under the Company leases.
An estimate made from the seismic section indicates a reef buildup of approximately 30 meters (98.5 feet). Drill Stem Tests (D.S.T.s) of this zone in nearby wells gave significant fluid recoveries from the flanks of the reef indicating good permeability. The presence of a strong structural trap has greatly increased the probability of success of discovering a significant oil accumulation on the leases. The Company feels that the Bolloque Project may represent a northern extension of the historic Leduc reef and that it may represent the extension of the prolific Leduc D-3 pools.
In a direct analog comparison, the 100 oil wells located in the Acheson D-3A pool with an average pay thickness of 82 feet have shown peak production rates of 300 barrels per day. Leduc reef fields further south from this play have had oil production rates of several hundred barrels per day and in some instances have produced over one million barrels of oil. In Alberta, oil well spacing is normally 4 wells per section.
Most wells in the area were drilled for Mannville sands and natural gas. Gas production is occurring from these sands under the project lands. Gas rights are excluded from the project farm-in lands, as other oil companies own them but show the presence of economic hydrocarbons. Mapping of the shallower zones indicate that there is structural drape over an underlying reef; the Leduc target horizon. A seismic line has been purchased and is being reprocessed to confirm that the reef is present.
The Wabamun Formation, about 200 meters shallower than the Leduc, is often productive where there is an underlying Leduc reef. The Wabamun tends to be more uniform in thickness but drapes across the underlying reef creating a trap and a reservoir if porosity has been developed in the zone. The Wabamun therefore is a secondary target in this project. The Nisku Formation, about 100 meters shallower than the Leduc, also forms reservoirs in the same way.
The first well will be spudded within weeks based on rig availability. The depth to the top of the Leduc is about 1,000 meters and a cased and completed well is estimated to cost $450,000.
ABOUT CASCADE ENERGY
Cascade is an explorer for natural gas and oil with a head office in Sacramento, California, in the heart of California's gas country. The primary objective of Cascade is to acquire, discover, upgrade and expand North American onshore oil and gas reserves towards near-term production and cash flow, together with identifying and participating in exploration opportunities. By maintaining a balanced debt and equity mix, Cascade's operating strategy is to become cash flow positive in the short term to allow the Company a re-investment of production dollars to enhance and grow company assets. By searching and identifying exploration and producing properties that fit the company's investment and production criteria, Cascade has formulated a strategy to prioritize assets that provide low risk, short payback period and long life reserves.
Safe harbor for Forward-Looking Statements:
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Cascade Energy Inc. has little or no control.
ON BEHALF OF THE BOARD
Cascade Energy, Inc.
Sam Johal-President

text: Cascade Energy

text: Bolloque Project

text: Cascade Energy, Inc.

text: Bolloque Project

text: Cascade

text: Bolloque Project

text: Bolloque Project

text: Bolloque Project

text: CASCADE ENERGY

text: Cascade

text: Cascade

text: Cascade

text: Cascade

text: Cascade Energy, Inc.


text:
EX-99.1
3
ex991pressrel.htm
EXHIBIT 99.1 PRESS RELEASE
Exhibit 99.1 Press release
Exhibit
99.1
WebEx
Completes Acquisition of Intranets.com
SANTA
CLARA, Calif., September 9, 2005
-WebEx
Communications (Nasdaq: WEBX), the leading provider of on-demand web meeting
applications, today announced that it has completed the previously announced
acquisition of privately held Intranets.com of Burlington, Massachusetts. Under
the terms of the agreement, the total cash consideration, subject to holdback
provisions, is approximately $45 million for which WebEx will obtain all
outstanding shares and all outstanding warrants and options of Intranets.com
will be cancelled. Intranets.com has become a wholly owned subsidiary of WebEx.
About
WebEx Communications
WebEx
Communications, Inc. is the leading provider of collaborative web meeting
applications and services. WebEx applications are used across the enterprise
in
sales, support, training, marketing, engineering and product design. WebEx
delivers its suite of web meeting applications over the WebEx MediaTone Network,
a global network specifically designed for secure, real-time web communications.
WebEx Communications is based in Santa Clara, California and has regional
headquarters in Europe, Asia and Australia. Please call toll free 877-509-3239
or visit http://www.webex.com for more information.
###
MediaTone
is a trademark of WebEx Communications, Inc

text: WebEx

text: Intranets.com

text:
WebEx
Communications

text: Intranets.com

text: WebEx

text: Intranets.com

text: Intranets.com

text: WebEx

text: WebEx Communications

text:
WebEx
Communications

text: WebEx

text: WebEx

text: WebEx

text: WebEx Communications

text: WebEx Communications


text:
EX-99.1
2
ex991.htm
EXHIBIT 99.1
ex991.htm
Exhibit 99.1
YTB International, Inc.
FOR IMMEDIATE RELEASE
:
October 11, 2013
YTB EMERGES FROM BANKRUPTCY
Wood River, Illinois: YTB International, Inc., a travel services marketing company, announced today that it has completed a sale of all of its assets to a newly-formed company known as YTB Global Travel, Inc. YTB International and certain of its subsidiaries have been operating under Chapter 11 of the U.S. Bankruptcy Code since March 1, 2013. The bankruptcy case has been pending in the U.S. Bankruptcy Court for the Southern District of Illinois in East St. Louis.
"I am delighted by the completion of this transaction which enables the YTB business model to emerge from the bankruptcy case and to re-focus on its core travel services mission", said Andy Cauthen. Cauthen has been President and CEO of YTB International since May 2012 and will continue to have a leadership position with YTB Global Travel. YTB Global Travel is owned by Sam Hathi
"We believe the YTB franchise can be turned around and that it can regain the leadership position that it once held in the travel services industry", Hathi said. "There are a number of improvement initiatives that we intend to pursue immediately and we are committing our resources and full energy to those initiatives in order to drive growth and opportunities for our employees and independent marketing agents", added Hathi, who will personally oversee the daily operations on behalf of YTB Global Travel.
The sale was completed pursuant to Section 363 of the U.S. Bankruptcy Code and approved by U.S. Bankruptcy Judge Laura Grandy and the Official Committee of Unsecured Creditors appointed within the case.
YTB International and its subsidiaries anticipate that a liquidating trust, overseen by a court-appointed trustee, will be created pursuant to a reorganization plan that will be filed in the near future. The trust will wind up the affairs of YTB International and its subsidiaries and it will manage the claims of YTB's creditors.
For more information about YTB International, please contact
:
Andy Cauthen
618-655-9477
For more information about YTB Global Travel, please contact:
Sam Hathi
616-655-9477

text: YTB International, Inc.

text: YTB International, Inc.

text: YTB Global Travel, Inc.


text:
EX-99.1
2
exhibit1.htm
EX-99.1
EX-99.1
NewsRelease
(Williams Logo)
NYSE: WMB
Date:
Nov. 9, 2007
Williams Closes Sale of Power Assets
TULSA, Okla. - Williams (NYSE:WMB) has closed the sale of substantially all of its power
assets to Bear Energy LP, a unit of The Bear Stearns Companies Inc. (NYSE:BSC).
The adjusted purchase price of the transaction, which encompasses a 7,500-megawatt portfolio
of power contracts and certain other assets, was $496 million. The adjusted price includes a
contractual reduction of $16 million, reflecting cash flows realized from the April 1 valuation
date.
As previously announced, the company expects the transaction proceeds will be largely offset
by income taxes, resolution of retained liabilities, costs associated with the transaction, and
near-term cash-collateral postings. The proceeds are also subject to post-closing adjustments.
"Completing this sale is another significant accomplishment in our ongoing efforts to enhance
shareholder value", said Steve Malcolm, chairman, president and chief executive officer. "In
addition to reduced business risk and complexity, we expect a key benefit from the sale will be a
more favorable cost of capital for both debt and equity.
"Improving our access to capital is an important driver in our ability to continue pursuing
value-creating opportunities in our natural gas businesses", Malcolm said.
The assets sold in this transaction represent the majority of the value and risk associated
with Williams' former power business. The company expects to divest certain other remaining power
and natural gas marketing assets and liabilities as part of its exit from the power business and
associated streamlining of its ongoing gas marketing business.
Merrill Lynch & Co. acted as financial adviser to Williams in the sale of its power assets.
Lehman Brothers and Citibank also have acted as advisers to the company.
About Williams (NYSE: WMB)
Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural
gas. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast,
and Eastern Seaboard. More information is available at
http://www.williams.com
. Go to
http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0
to join our e-mail list.
1
Contact:
Jeff Pounds
Williams (media relations)
(918) 573-3332
Richard George
Williams (investor relations)
(918) 573-3679
# # #
Portions of this document may constitute "forward-looking statements" as defined by federal
law. Although the company believes any such statements are based on reasonable assumptions, there
is no assurance that actual outcomes will not be materially different. Any such statements are made
in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of
1995. Additional information about issues that could lead to material changes in performance is
contained in the company's annual reports filed with the Securities and Exchange Commission.
2

text: Williams

text: Williams

text: Williams

text: Bear Energy LP

text: The Bear Stearns Companies Inc.

text: Steve Malcolm

text: Williams

text: Merrill Lynch & Co.

text: Williams

text: Lehman Brothers

text: Citibank

text: Williams

text: Williams

text: Williams

text: Williams

text: Williams


text:
EX-99.1
3
ex99-1.htm
EXHIBIT 99.1
PF
Hospitality Group Acquires National Athletic Brand, EXO,
As
Anchor to Company's Retail Health & Wellness Division
BOCA
RATON, FL (December 22, 2015) - PF Hospitality Group, Inc. (OTC PINK: PFHS) ("PF Hospitality Group" or the "Company"),
a management firm which develops and operates innovative and healthy brands within the restaurant, hospitality and retail health
& wellness industries, announced today that the Company has acquired Wyoming-based EXO:EXO, Inc. ("EXO"), a designer
and producer of active wear brands offered in national fitness retailers in the U.S.
"We
couldn't be more pleased to have EXO added to our company's brand portfolio, as a pivotal entity within our retail
group", said Vaughan Dugan, Chairman and CEO of PF Hospitality Group. "As we move towards diversification in our recently
established retail health & wellness division, having EXO on board as an expanding brand will help bolster our capabilities
within the health and fitness space".
A
brand founded on designing fashionable, functional, affordable products for athletes, while staying ahead of the trend, EXO (
www.exosleeve.com
)
has experienced healthy growth among the functional fitness retail community. Led by Sloane McComb, a veteran of the retail nutrition
industry and an athlete herself, EXO plans on bringing an enhanced assortment of products and services to the consumer fitness
community.
Through
the Company's brand portfolio, EXO will have an opportunity to partner with other brand product lines that have - similar
to EXO - experienced significant growth primarily due to the new wave of inventions, heightened technological innovations, and
increased demand for wellness products targeting the functional fitness market.
EXO
seeks to position itself as a top consumer brand of choice within the functional fitness market riding the wave of a worldwide
fitness industry growth phenomena. One example of this growth is CrossFit, a now multi-million dollar brand with revenue reaching
$100MM, according to Forbes Magazine article: (
http://www.forbes.com/sites/mikeozanian/2015/02/25/how-crossfit-became-a-4-billion-brand/
),
which boasts more than 11,000 fitness facilities as of February, 2015. The global fitness and health club industry focused on
the millennial-age customers generates more than $77.5 billion in revenue according to the 2014 International Health, Racquet
& Sportsclub Association (IHRSA) Global Report. Taking a nod from the revenue growth within this market, and having a strong
understanding of this shared customer group from years of experience within the restaurant and hospitality space, PF Hospitality
Group is developing and identifying for acquisition brands within its portfolio for an eventual franchise proposition. The Company
believes this strategy offers greater potential for company and shareholder value. Following this acquisition, PF Hospitality
Group plans to expand its retail health and wellness division through strategic, complimentary acquisitions within the same space.
"We're
excited to collaborate with partners who share EXO's passion for fitness and health", said Sloane McComb, CEO of EXO.
"We are looking forward to continued growth of our brand and expanded assortment for our customers, with our new ability
to lean on the leadership and experience of PF Hospitality Group. We've already begun evaluating potential new avenues for
revenue and are very excited to see what we will accomplish within the next year".
McComb
will continue to lead the direction of EXO in servicing and expanding its business and will be responsible for evaluating potential
new product lines to add to EXO's retail assortment. In addition, Ms. McComb will assist in targeting other unique, growing
brands within the retail health and wellness industries and the formulation of partnerships or strategic promotions.
For
more information on other PF Hospitality Group projects, please visit:
www.PFHospitalityGroup.com
.
About
PF Hospitality Group
PF
Hospitality Group, Inc., (OTC PINK: PFHS) is a management firm which creates, develops and operates innovative and healthy brands
within the restaurant, hospitality and retail health & wellness industries. As the creator and current advisor organization
of the global, all-natural and organic pizza franchise, Pizza Fusion, PF Hospitality Group oversees the franchise's 16 locations
throughout the United States, Saudi Arabia, and the United Arab Emirates. PF Hospitality Group has also created "Shaker
& Pie", an interactive restaurant concept which combines wood-fired pizzas with healthy, hearty Italian-influenced street
food, slated to launch in Q2 2016 out of Boca Raton, Florida. Leaning on its extensive resources and depth of team members, PF
Hospitality Group is actively partnering with brands that share a vision to provide a compelling value proposition so that new
and unique concepts may be developed and operated with the customer, environment, and bottom line profitability in mind. For more
information on PF Hospitality Group, please visit:
www.PFHospitalityGroup.com
.
About
EXO:EXO
EXO,
most recognized for its "Exosleeve" compression knee sleeves, designs and produces active wear, and has been a growing
brand of choice in the athlete global consumer market for the past several years. EXO is the brand of choice for numerous "celebrity"
elite functional fitness athletes including Brooke Ence, Elijah Muhammad, Lauren Brooks, and Noah Ohlsen and Olympic weightlifters
competing on world and national stages. EXO's products are utilized in functional athletic fitness, powerlifting, Olympic
weightlifting, endurance training, boot camps, circuit training programs, and strength training protocols, and are sold in brick
and mortar stores in the U.S. For more information, please visit:
www.exosleeve.com
.
Safe
Harbor and Forward-Looking Statements
This
news release contains statements that involve expectations, plans or intentions (such as those relating to future expansion of
the company in the health and wellness markets or financial results) and other factors discussed from time to time in the Company's
Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so
actual results may vary materially. You can identify these for- ward-looking statements by words such as "may", "should,"
"expect", "anticipate", "believe", "estimate", "intend", "plan"
and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements
as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance
on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently
to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the
occurrence of anticipated or unanticipated events.
Investor
Relations:
561-939-2520
IR@PFHospitalityGroup.com
Media
Relations:
Nicole
Biscuiti
(561)445-0447
n.biscuiti@PFHospitalityGroup.com

text:
PF
Hospitality Group

text: PF Hospitality Group, Inc.

text: PF Hospitality Group

text: EXO:EXO, Inc.

text: Vaughan Dugan

text: PF Hospitality Group

text:
PF Hospitality
Group

text:
PF Hospitality
Group

text: PF Hospitality Group

text: PF Hospitality Group

text: PF Hospitality Group

text:
PF
Hospitality Group, Inc.

text: PF Hospitality Group

text: PF Hospitality Group

text:
PF
Hospitality Group

text: PF Hospitality Group


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

text:
Checkpoint
Systems, Inc.

text:
CHECKPOINT
SYSTEMS, INC.

text: Checkpoint Systems, Inc.

text: Alpha Security Products

text:
Alpha
Security Products

text: Jim Sankey

text:
Alpha Security
Products

text:
George
Off

text:
Checkpoint
Systems, Inc.

text:
Checkpoint
Systems, Inc.


text:
EX-99.1
3
v397618_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
22nd Century Acquires Important Intellectual
Property from the National Research Council of Canada and Announces Hiring of 10 New Employees at Factory
December 29, 2014
CLARENCE, N.Y. - 22nd Century Group, Inc. (NYSE MKT:
XXII
)
today announced that on December 23, 2014, its wholly-owned subsidiary, 22nd Century Limited, LLC, purchased strategically important
intellectual property (both patents and patent applications) from the National Research Council of Canada ("NRC")
relating to the modification of nicotine in the tobacco plant.
Including "transcription factor" technology and
other intellectual property that represents the Company's extraordinary second-generation gene technology for modifying the
content of nicotine (very low to high) and other nicotinic alkaloids in the tobacco plant, the NRC intellectual property is the
cornerstone of the Company's tobacco harm reduction products under development. The unparalleled technology allows for the
production of the world's lowest nicotine cigarette, up to 98% less nicotine than that of "light" cigarettes,
and the world's lowest tar-to-nicotine ratio cigarette.
By obtaining full ownership and control of the NRC intellectual
property to which the Company formerly had an exclusive worldwide license, 22nd Century will settle in-full all outstanding monies
due to NRC and will no longer have to share with NRC any revenues derived under the Company's license to British American
Tobacco ("BAT") and/or from the Company's sales of tobacco and tobacco products worldwide.
22nd Century's President and Chief Operating Officer,
Henry Sicignano III stated, "This acquisition not only provides 22nd Century with more operational flexibility through full
control and ownership of the NRC patent rights, it also promises savings of potentially many millions of dollars in royalty fees.
We are tremendously pleased that Tom James, 22nd Century's General Counsel, was able to negotiate this highly strategic transaction".
The Company agreed to pay NRC a total of $1,873,000 (USD) for
the purchase by the Company of such NRC intellectual property, of which $873,000 was paid in cash by wire transfer by the Company
to NRC at the closing of this transaction on December 23, 2014, with the remainder of the purchase price being payable by the Company
to NRC in three (3) annual installment payments of $333,333.33 on or before December 22, 2015, $333,333.33 on or before December
22, 2016 and $333,333.34 on or before December 22, 2017.
Company Hires 10 New Employees at Mocksville, NC Factory
To facilitate the January production and shipping of the Company's
RED SUN® super-premium brand cigarettes, as well as the contract manufacturing of the Smoker Friendly private label cigarette
brand, 22nd Century announced that its wholly-owned subsidiary, NASCO Products, LLC, a federally licensed tobacco product manufacturer
and participating member of the tobacco Master Settlement Agreement (MSA), today hired ten new full-time employees at its manufacturing
facility in Mocksville, North Carolina.
Each of the new hires comes to NASCO with years of cigarette
manufacturing experience. Barry Saintsing, NASCO Plant Manager and former Master Product Developer at RJ Reynolds Tobacco Company,
stated "We have assembled an exceptional manufacturing team here at the factory. All five production lines are up and running
now and we are eager to begin shipping product in January!"
For additional information, please visit:
www.xxiicentury.com
About 22nd Century Group, Inc.
22nd Century is a plant biotechnology company whose proprietary
technology allows for the levels of nicotine and other nicotinic alkaloids (e.g., nornicotine, anatabine and anabasine) in the
tobacco plant to be decreased or increased through genetic engineering and plant breeding. The Company's technology also
allows the levels of cannabinoids to be decreased or increased in the cannabis plant. 22nd Century owns or is the exclusive licensee
of 128 issued patents plus an additional 53 pending patent applications; 22nd Century also holds co-exclusive rights to another
2 patents and 16 patent applications. Goodrich Tobacco Company, LLC, Hercules Pharmaceuticals, LLC and Botanical Genetics, LLC
are wholly-owned subsidiaries of 22nd Century. Goodrich Tobacco is focused on commercial tobacco products and potentially less
harmful cigarettes. Hercules Pharmaceuticals is focused on X-22, a prescription smoking cessation aid in development. Botanical
Genetics is focused on novel cannabis plant varieties and on cannabis-based products.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking information, including all statements that are not statements of historical fact
regarding the intent, belief or current expectations of 22nd Century Group, Inc., its directors or its officers with respect to
the contents of this press release. The words "may", "would", "will", "expect,"
"estimate", "anticipate", "believe", "intend" and similar expressions and variations
thereof are intended to identify forward-looking statements. We cannot guarantee future results, levels of activity or performance.
You should not place undue reliance on these forward-looking statements, which speak only as of the date that they were made. These
cautionary statements should be considered with any written or oral forward-looking statements that we may issue in the future.
Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the
forward-looking statements to conform these statements to reflect actual results, later events or circumstances, or to reflect
the occurrence of unanticipated events. You should carefully review and consider the various disclosures made by us in our annual
report on Form 10-K for the fiscal year ended December 31, 2013, filed on January 30, 2014, including the section entitled "Risk
Factors", and our other reports filed with the U.S. Securities and Exchange Commission which attempt to advise interested
parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one
or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary
materially from those expected or projected.
Redington, Inc.
Tom Redington, 203-222-7399

text: 22nd Century

text: National Research Council of Canada

text: 22nd Century

text: 22nd Century Limited, LLC

text: National Research Council of Canada

text: 22nd Century

text: 22nd Century

text: 22nd Century

text: 22nd Century

text: 22nd Century

text: 22nd Century

text: 22nd Century

text: 22nd Century

text: 22nd Century

text: 22nd Century

text: 22nd Century


text:
EX-99.1
7
dakota144479_ex99-1.htm
PRESS RELEASE DATED DECEMBER 8, 2014
Exhibit 99.1
DAKOTA
PLAINS ANNOUNCES BUYOUT OF JOINT VENTURE PARTNERSHIPS
AND
REFINANCING OF ITS EXISTING DEBT
WAYZATA,
Minnesota - December 8, 2014 --
Dakota Plains
Holdings, Inc. ("Dakota Plains" or "the Company") (NYSE MKT: DAKP) today
announced the acquisition on December 5, 2014, of all the ownership interests
in its oil transloading joint venture, sand transloading joint venture, and oil
marketing joint venture. The previously announced sale of the Company's
interest in its trucking joint venture closed on November 24, 2014.
Under the terms of
the agreement, Dakota Plains paid its former joint venture partner a cash
consideration of $43 million and will make future contingent payments equal to
$0.225 per barrel for crude oil actually loaded at the Pioneer Terminal, up to
a limit of 80,000 barrels per day, paid quarterly through December 31, 2026
(the duration of the prior joint ventures). Dakota Plains receives, among other
things, $8.9 million in cash distribution from the termination of the joint
ventures. SunTrust Robinson Humphrey, Inc. served as financial adviser to
Dakota Plains in connection with this transaction.
Dakota Plains also
announced a new $57.5 million credit facility provided by SunTrust Bank to fund
the transaction and to refinance $7.7 million in Senior Unsecured Promissory
Notes and $6.4 million in debt related to the construction of the Pioneer
Terminal.
Craig McKenzie,
Chairman and Chief Executive Officer of Dakota Plains, said, "This transaction
is accretive to earnings, increases our transloading business two-fold, allows
us to exit our marketing joint venture, and provides a simpler capital
structure comprising common stock and a fully secured $57.5 million credit
facility, which significantly lowers our weighted average cost of debt. We are
now focused on increasing the throughput at Pioneer via long-term, fee-based
contracts, and on completing the construction of our storage tank expansion".
About Dakota Plains Holdings, Inc.
Dakota Plains Holdings, Inc. is an integrated
midstream energy company operating the Pioneer Terminal transloading facility.
The Pioneer Terminal is centrally located in Mountrail County, North Dakota,
for Bakken and Three Forks related Energy & Production activity. For more
information please visit the corporate website at:
www.dakotaplains.com
.
Forward Looking Statements
Statements made by representatives of Dakota
Plains Holdings, Inc. ("Dakota Plains" or the "Company") during the course of
this press release that are not historical facts, are forward-looking statements.
These statements are based on certain assumptions and expectations made by the
Company which reflect management's experience, estimates and perception of
historical trends, current conditions, anticipated future developments and
other factors believed to be appropriate. Such statements are subject to a
number of assumptions, risks and uncertainties, many of which are beyond the
control of the Company, which may cause actual results to differ materially
from those implied or anticipated in the forward-looking statements. These
include risks relating to
global economics or politics, our ability to
obtain additional capital needed to implement our business plan, minimal
operating history, loss of key personnel, lack of business diversification, reliance
on strategic, third-party relationships, financial performance and results,
prices and demand for oil, our ability to make acquisitions on economically
acceptable terms, and other factors described from time to time in the
Company's periodic reports filed with the SEC that could cause actual results
to differ materially from those anticipated or implied in the forward-looking
statements. Dakota Plains undertakes no obligation to publicly update any
forward-looking statements, whether as a result of new information or future
events.
Contacts
Company Contact
Tim Brady, CFO
tbrady@dakotaplains.com
Phone: 952.473.9950
www.dakotaplains.com
Investor and
Media Contact
Dan Gagnier/Jared Levy/Emily Deissler, Sard Verbinnen
Phone: 212.687.8080
www.sardverb.com
###

text:
DAKOTA
PLAINS

text:
Dakota Plains
Holdings, Inc.

text: Dakota Plains

text: Dakota Plains

text: Dakota Plains

text: SunTrust Robinson Humphrey, Inc.

text: Dakota Plains

text: Dakota Plains

text: Dakota Plains

text: Dakota Plains Holdings, Inc.

text: Dakota Plains Holdings, Inc.

text:
Dakota
Plains Holdings, Inc.

text: Dakota Plains

text: Dakota Plains

text: Tim Brady


text:
EX-99.1
2
v098786_ex99-1.htm
Unassociated Document
Advance
Nanotech Sells Singular ID Stake for $1.19 Million
Thursday
January 3, 2008
NEW
YORK,
Jan. 3 /PRNewswire-FirstCall/ -- Advance Nanotech, Inc., (OTC Bulletin Board:
AVNA), a leader in next generation chemical detection, announced today that
it
has sold its 8.8% share of Singapore-based Singular ID Pte Ltd., manufacturer
of
the Enxure integrated brand security system, for $1.19 million. The transaction
was concluded on December 28, 2007 and represents a gain of approximately 500%
on the Company's original investment in 2005. The buyer of Singular ID Pte
Ltd.,
is Bilcare Singapore Pte Ltd.
As
was
announced on December 27, 2007, Advance Nanotech, Inc., plans to refocus its
business primarily on the growing chemical detection industry. In doing so
the
Company plans to redirect its efforts away from the development of early-stage
nanotechnologies in order to become an operating company dedicated to the
continued commercialization of its next generation chemical detection products.
The Company's sale of Singular ID represents the divestiture of a non-core
asset, in furtherance of this objective.
'The
sale
of our Singular ID stake represents the conclusion of a very successful
investment for the Company. In little over two years, Advance Nanotech played
a
significant role as an active investor in Singular ID during which Singular
ID
launched a pivotal product. The Enxure product enabled Singular ID to broaden
its range of customers to include the automotive, fashion and pharmaceuticals
markets with precision tagging and ID capabilities. The investment gain Advance
Nanotech has achieved is testament to the returns that are possible from early
stage technology investment given judicious selection and continuous oversight,'
commented Magnus Gittins, Chairman of Advance Nanotech Inc. 'With the conclusion
of our recent financing, together with the monetization of Singular ID, we
have
secured approximately $7.7 million in new capital for the Company which we
believe will be sufficient to carry us to both positive cash flow and
profitability during the second half of calendar 2008.'
About
Advance Nanotech
Advance
Nanotech is an operating company focused on next generation chemical and
biological detection technology. Its proprietary technologies, developed at
the
University of Cambridge, are, uniquely, silicon based so offering
miniaturization and wireless communication capabilities. Such advantages permit
real-time precision analytics which, in turn, leads to the potential prevention
of ensuing issues, concerns and dangers. Through its majority owned subsidiary,
Owlstone Nanotech, Advance Nanotech has one recently awarded patent and eighteen
patent pending applications. For more information on Advance Nanotech, please
visit www.advancenanotech.com.
The
information contained in this news release, other than historical information,
consists of forward-looking statements within the meaning of Section 27A of
the
Securities Act and Section 21E of the Exchange Act. These statements may involve
risks and uncertainties that could cause actual results to differ materially
from those described in such statements. Although the Company believes that
the
expectations reflected in such forward-looking statements are reasonable, it
can
give no assurance that such expectations will prove to have been correct.
Important factors, including general economic conditions, spending levels,
market acceptance of product lines, the recent economic slowdown affecting
technology companies, the future success of scientific studies, ability to
successfully develop products, rapid technological change, changes in demand
for
future products, legislative, regulatory and competitive developments and other
factors could cause actual results to differ materially from the Company's
expectations. Advance Nanotech's Annual Report on Form 10KSB, recent and
forthcoming Quarterly Reports on Form 10QSB, recent Current Reports and other
SEC filings discuss some of the important risk factors that may affect Advance
Nanotech's business, results of operations and financial condition. The Company
undertakes no obligation to revise or update publicly any forward-looking
statements for any reason.
For
more
information, contact:
Yvonne
Zappulla
Managing
Director
Grannus
Financial Advisors, Inc.
212-681-4108
Yvonne@grannusfinancial.com
SOURCE
Advance Nanotech, Inc.
4

text:
Advance
Nanotech

text: Singular ID

text: Advance Nanotech, Inc.

text: Singular ID Pte Ltd.

text:
Singular ID Pte
Ltd.

text: Bilcare Singapore Pte Ltd.

text: Advance Nanotech, Inc.

text: Singular ID

text: Singular ID

text: Advance Nanotech

text: Singular ID

text:
Singular
ID

text: Singular ID

text:
Advance
Nanotech

text: Magnus Gittins

text: Singular ID

text: Advance Nanotech

text:
Advance
Nanotech

text: Advance Nanotech

text: Advance Nanotech

text: Advance Nanotech

text:
Advance
Nanotech

text:
Yvonne
Zappulla

text: Advance Nanotech, Inc.


text:
EX-99.1
273
v050951_ex99-1.htm
FOR
IMMEDIATE RELEASE
CONTACT:
Patrick Barker
(620)
672-3142
RTO
Holdings, Inc.
Orion
Ethanol, L.L.C.
307
S.
Main
Pratt,
Kansas 67124
NEWS
RELEASE
ORION
ETHANOL, L.L.C. COMPLETES GOING PUBLIC TRANSACTION
Pratt,
Kansas, August 28, 2006 - RTO
Holdings, Inc. (RTOH.OB) announced today the closing of a going public
transaction with Orion Ethanol, L.L.C., a Kansas limited liability company
("Orion"). The transaction involved a stock exchange with the holders of Orion's
membership interests whereby such holders received 31,272,740 shares
of
RTO's common capital stock, representing 95.75% of RTO's issued and outstanding
common capital stock following the transaction. The companies will operate
on a
consolidated basis, executing upon the current business plan of Orion. As a
result of the exchange transaction, Mr. Patrick Barker was appointed to the
Board of Directors of RTO and senior management of Orion was elected as
executive officers of RTO upon the resignation of the company's sole executive.
RTO's shares are listed on the Over-the-Counter (OTC) Bulletin Board under the
symbol, RTOH.OB.
Orion
is
a renewable energy company focusing on ethanol production. Orion, through its
majority-owned subsidiary, Gateway Ethanol, LLC, is currently constructing
the
Pratt Facility, a 55 million gallon per year dry-grind ethanol plant near Pratt,
Kansas. Construction is scheduled to be completed in the third quarter of 2007,
at which point the company expects to process more than 18 million bushels
of
corn and grain sorghum (sorghum) annually. Orion has entered into agreements
to
acquire an aggregate of 1400 acres of land where it will base its other
prospective ethanol facilities. The locations of these facilities are Enid,
Oklahoma, Shattuck, Oklahoma, Hugoton, Kansas and Colby, Kansas. Orion believes
there is sufficient infrastructure, such as water rights, rail, natural gas,
electricity and other infrastructure to meet anticipated ethanol production
needs at these locations. Upon completion of these four sites and the Pratt
facility, Orion expects that it will be able to produce in excess of 550 million
gallons of ethanol per year. Orion applied for air quality permits for planned
facilities in Enid, Oklahoma on August 4, 2006, and Shattuck, Oklahoma on August
9, 2006. Orion expects these facilities to be in full production in the first
quarter of 2008. Orion anticipates that it will apply for air permits for their
Hugoton and Colby Kansas locations in the fourth quarter of 2006.
Orion
intends to use a continuous dry milling process to produce fuel-grade ethanol
as
its main product and distillers' grains and carbon dioxide as co-products. Corn
and grain sorghum will be the primary raw materials. Each of the ethanol
facilities will
have
an initial nameplate design capacity (i.e., guaranteed production amount under
the EPC agreement) to produce 55 million gallons per year of fuel-grade ethanol
and will be expandable to 110 million gallons per year. We intend to distribute
our ethanol throughout the United States
Orion
has
entered into an Engineering, Procurement, and Construction or EPC agreement
with
Lurgi PSI, Inc. for the design and construction of the Pratt Facility and
intends to enter into EPC agreements with Lurgi for the design and construction
of the other ethanol facilities. Orion believes these agreements will enable
it
to execute its planned build-out schedule, which it further believes gives
the
company a competitive advantage in the ethanol industry.
Mr.
Patrick Barker, the new Chief Executive Officer of RTO, stated, "We want to
thank our financial advisor, Halter Financial Group, for facilitating our
efforts in connection with our going public transaction. We believe this
transaction gives us the ability to aggressively pursue our growth strategy
and
provides access to opportunities not previously available to our company".
FORWARD
LOOKING STATEMENTS
This
release contains certain "forward-looking statements" relating to the business
of RTO Holdings, Inc. and its subsidiary companies, which can be identified
by
the use of forward-looking terminology such as "believes, expects" or similar
expressions. Such forward looking statements involve known and unknown risks
and
uncertainties, including all business uncertainties relating to product
development, marketing, regulatory actions or delays, the ability to obtain
or
maintain intellectual property protection, market acceptance, third party
reimbursement, future capital requirements, competition in general and other
factors that may cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected. Certain of
these risks and uncertainties are or will be described in greater detail in
our
filings with the Securities and Exchange Commission. RTO Holdings, Inc. is
under
no obligation to (and expressly disclaims any such obligation to) update or
alter its forward-looking statements whether as a result of new information,
future events or otherwise.

text: Patrick Barker

text:
RTO
Holdings, Inc.

text:
Orion
Ethanol, L.L.C.

text:
ORION
ETHANOL, L.L.C.

text:
RTO
Holdings, Inc.

text: Orion Ethanol, L.L.C.

text: Patrick Barker

text: Patrick Barker

text: Halter Financial Group

text: RTO Holdings, Inc.

text: RTO Holdings, Inc.