text:
EX-99.1
3
a13-18148_1ex99d1.htm
EX-99.1
Exhibit 99.1
Contact:
The Medicines Company
Michael Mitchell
+1-973-290-6097
michael.mitchell@themedco.com
FOR IMMEDIATE RELEASE:
THE MEDICINES COMPANY ANNOUNCES POSITIVE PHASE III TRIAL RESULTS FOR FIBROCAPS; COMPLETES PROFIBRIX ACQUISITION
In Phase III trial, FINISH-3, Fibrocaps meets all pre-specified endpoints
MAA filing anticipated in Europe (Q4 2013); BLA filing anticipated in U.S. (Q1 2014)
The Medicines Company builds on existing hemostasis franchise
Parsippany, NJ, Leiden, the Netherlands and Seattle, WA, August 5, 2013
- The Medicines Company (NASDAQ: MDCO) announced the results of the pivotal Phase III clinical trial of ProFibrix's lead biologic, Fibrocaps, a dry powder topical formulation of fibrinogen and thrombin being developed to aid in hemostasis during surgery. The Phase III trial, FINISH-3, which studied a total of 719 patients, met all primary and secondary hemostasis efficacy endpoints in four distinct surgical indications of spinal surgery, hepatic resection, soft tissue dissection and vascular surgery.
The Medicines Company expects the results of FINISH-3, which was conducted at 65 sites across the U.S. and Western Europe, to support a biologics license application (BLA) with the U.S. Food and Drug Administration, and a marketing authorisation application (MAA) with the European Medicines Agency. ProFibrix has also developed a complementary dry powder spray delivery device to assist surgeons in the accurate application of Fibrocaps. Recently the ProFibrix quality management system for the design, development and control of manufacture of sterile biological hemostat delivery systems and their accessories was granted ISO 14385: 2003 certification. Applications for a European CE mark and for an FDA 510k review for the device are underway.
Dr. Kenneth L. Renkens, spine surgeon at the Indiana Spine Group and one of the Principal Investigators of FINISH-3, said, "The combined ease of use and efficacy of Fibrocaps have the potential to constitute an important advance in surgical hemostasis. Furthermore, the spray device could become an important tool to use in surgery and to apply Fibrocaps".
As previously announced, The Medicines Company entered into an agreement with ProFibrix in June 2013 to purchase all of the equity of ProFibrix B.V. subject to its review of the results of
The Medicines Company 8 Sylvan Way Parsippany, New Jersey 07054 Tel: (973)290-6000 Fax: (973)656-9898
the FINISH-3 trial. Based on its review, The Medicines Company purchased all of the outstanding equity of ProFibrix for $90 million at the closing held today and agreed to pay ProFibrix equityholders up to an additional $140 million upon the achievement of agreed-upon U.S. and European regulatory approvals and sales milestones.
Clive Meanwell, Chairman and Chief Executive Officer of The Medicines Company said, "Subject to regulatory approval, we believe Fibrocaps can become an important hemostatic product - complementary to Recothrom® (Thrombin, topical [Recombinant]). We anticipate leverage of our work with U.S. surgery centers and entry into the European market. Founded by leading fibrinogen expert Jaap Koopman PhD, and led by Jan Öhrström MD who has extensive experience in this field, ProFibrix strengthens our global management team considerably. ProFibrix also has a proprietary recombinant fibrinogen development program which potentially allows us to create the world's first recombinant thrombin and recombinant fibrinogen combination products. We plan to integrate the ProFibrix team with our existing Recothrom team - expanding our activities in surgery in pursuit of our purpose which is to save lives, alleviate suffering and improve the economic efficiency of leading hospitals worldwide".
Jan Öhrström, MD, Chief Executive Officer of ProFibrix and former Senior Vice President of Development and Chief Medical Officer of ZymoGenetics, said, "It is clear to me that the ProFibrix team, Fibrocaps and our recombinant fibrinogen program are a natural fit with The Medicines Company's perioperative and hemostasis programs. Given the commitment of The Medicines Company to further build its surgery franchise, we are excited to be part of The Medicines Company and to help establish the Company as a leader in this field. With our Leiden site as a center for hemostasis at The Medicines Company, we look forward to the seamless integration of our Seattle and Leiden based teams and to continue the development of innovative hemostasis products".
The Medicines Company anticipates peak Fibrocaps revenues of greater than $300 million if approved in major markets. The Company expects one time deal costs and incremental operating expenses, including transaction costs and amortization of intangibles to be approximately $9-12 million in the third quarter 2013.
BofA Merrill Lynch served as financial advisor and WilmerHale served as legal advisor for the transaction for The Medicines Company.
Barclays served as financial advisor and Dechert and Loyens & Loeff served as legal advisor for the transaction for ProFibrix. Index Ventures was ProFibrix's earliest investor; other investors included Gilde Healthcare Partners, Vesalius Biocapital and Inkef Capital. ABN AMRO also acted as an advisor to the company.
About The Medicines Company
The Medicines Company (NASDAQ: MDCO) provides medical solutions to improve health outcomes for patients in acute and intensive care hospitals worldwide. These solutions
2
comprise medicines and knowledge that directly impact the survival and well-being of critically ill patients. The Medicines Company's website is www.themedicinescompany.com.
About ProFibrix
ProFibrix was founded in 2004 and is headquartered in Leiden, the Netherlands, with an office in Seattle, Washington. The company leverages its expertise in fibrinogen technology to develop and bring to market innovative products for the hemostasis and regenerative medicine markets. Human fibrinogen plays a pivotal role in blood clotting and tissue healing. ProFibrix is led by a team with extensive commercial, clinical and scientific experience in the hemostasis field.
For additional details on the FINISH-3 trial visit: http://www.clinicaltrials.gov/ct2/show/NCT01527357?term=profibrix&rank=1
About Fibrocaps
Fibrocaps is a mixture of two essential blood clotting proteins, fibrinogen and thrombin, formulated as a unique dry powder topical product, which is being developed to aid in hemostasis during surgery.
The Medicines Company Forward-Looking Statements
Statements contained in this press release about The Medicines Company that are not purely historical, and all other statements that are not purely historical, may be deemed to be forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Without limiting the foregoing, the words "believes", "anticipates" and "expects" and similar expressions are intended to identify forward-looking statements, including the Company's expectations regarding regulatory approval and commercialization of Fibrocaps. These forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Important factors that may cause or contribute to such differences include whether the results of the Phase 3 clinical trial of Fibrocaps will be sufficient to support regulatory approval of Fibrocaps, whether the Company will make regulatory submissions for Fibrocaps on a timely basis, whether its regulatory submissions will receive approvals from regulatory agencies on a timely basis or at all, whether physicians, patients and other key decision makers will accept clinical trial results such as the results of the FINISH-3 trial, whether Fibrocaps will be commercially successful, whether the Company will be able to successfully integrate the ProFibrix business with its other businesses, whether the Company will be able to successfully develop its global operations, penetrate foreign markets and address other risks associated with the establishment of international operations, and such other factors as are set forth in the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission including, without limitation, the risk factors detailed in the Company's Quarterly Report on Form 10-Q filed on May 10, 2013, which are incorporated herein by reference. The Company specifically disclaims any obligation to update these forward-looking statements.
3

text: The Medicines Company

text: THE MEDICINES COMPANY

text: PROFIBRIX

text: The Medicines Company

text: The Medicines Company

text: ProFibrix

text: The Medicines Company

text: ProFibrix

text: ProFibrix

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text: The Medicines Company

text: The Medicines Company

text: The Medicines Company

text: The Medicines Company

text: BofA Merrill Lynch

text: WilmerHale

text: The Medicines Company

text: Barclays

text: Dechert

text: Loyens & Loeff

text: ProFibrix

text: Index Ventures

text: ProFibrix

text: Gilde Healthcare Partners

text: Vesalius Biocapital

text: Inkef Capital

text: ABN AMRO

text: The Medicines Company

text: The Medicines Company

text: The Medicines Company

text: ProFibrix

text: ProFibrix

text: ProFibrix

text: The Medicines Company

text: The Medicines Company

text: ProFibrix


dataset: buster

text:
EX-99.1
6
tllt_ex991.htm
PRESS RELEASE
tllt_ex991.htm
EXHIBIT 99.1
HeadTrainer Acquired by Telehealthcare, Targets Athletes with Mobile App Platform
FOR IMMEDIATE RELEASE
SAN CLEMENTE, CA - 09/13/2017- San Clemente, CA based Telehealthcare, Inc. (OTC PINK: TLLT) ("Telehealthcare", or the "Company"), has announced its acquisition of HeadTrainer, Inc. a North Carolina-based technology and cognitive training company for athletes.
Telehealthcare will immediately begin to operate under the HeadTrainer brand name. Bob Finigan will become the Company's new Chairman and CEO and Derek Cahill has resigned from all positions in the Company, including Director and CEO. In connection with the merger agreement, the Company was restructured from 153,878,000 common shares issued and outstanding, to approximately 93,373,000 common shares issued and outstanding, which includes 52,500,000 common shares issued to the HeadTrainer shareholders pursuant to the agreement and plan of merger with HeadTrainer, Inc.
The HeadTrainer app provides athletes of all ages and skill levels, the ability to potentially improve cognitive skills through sports themed games, providing users with endorsements and tips from world-class athletes. The app has the potential to improve focus and concentration, helps with visual-spatial awareness, improves decision making and problem solving and can decrease the amount of time it takes a person to complete a mental task.
Mr. Finigan stated, "HeadTrainer is a mobile gaming platform that helps athletes of all ages improve their performance through the enhancement of their cognitive skills. The cognitive training market is expected to reach $7.5 billion in annual revenues by 2020 (source: http://www.prnewswire.com/news-releases/cognitive-assessment-and-training-market-worth-75-billion-usd-by-2020-523210281.html). With our sports-themed games, professional athlete endorsers, and our scientific partners, we believe HeadTrainer is well positioned for growth in this expanding marketplace".
Mr. Cahill stated, "Training, cognitive learning and mobile gaming markets are already well established with proven revenue models".
About HeadTrainer, Inc.
Designed and developed in careful coordination with a team of professionals from the fields of science and medicine, the HeadTrainer App is a series of ever-changing, mental workouts that take place in fun, challenging, sports-themed digital environments. The workouts are designed to help athletes, of all ages and skills, assess and improve their cognitive skills. World-class athletes from a variety of sports are part of Team HeadTrainer. The company is based in Charlotte, N.C. Visit www.headtrainer.com for more information.
Cautionary Statement Regarding Forward-Looking Statements
Statements in this Press Release 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, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements including statements regarding expected benefits of the merger. Actual results could differ materially from those projected or forecast in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. Telehealthcare, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission ("SEC"). There may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement.
Contact:
HeadTrainer, Inc.
Email: info@headtrainer.com

label: organization

text: HeadTrainer

text: Telehealthcare

text: Telehealthcare, Inc.

text: Telehealthcare

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text: HeadTrainer, 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-99.2
3
eh1900893_ex9902.htm
EXHIBIT 99.2
EXHIBIT 99.2
IBM Completes Acquisition of Red Hat
09 July 2019
On July 9, 2019, IBM announced the completion of its acquisition of Red Hat, positioning IBM as the leading hybrid cloud provider, and accelerating IBM's high value business model.
The announcement press release, which includes additional perspective on the opportunity and business value is
here
.
Business Summary
IBM's acquisition of Red Hat redefines the cloud market for business. Red Hat's open hybrid cloud technologies are now paired with the unmatched scale and depth of IBM's innovation and industry expertise, and sales leadership in more than 175 countries. Together, IBM and Red Hat will accelerate innovation, and shift our clients' mission-critical workloads to the cloud by offering a next-generation hybrid multicloud platform. Based on open source technologies, such as Linux and Kubernetes, the platform will allow businesses to securely deploy, run and manage data and applications on-premises and on private and multiple public clouds. IBM is preserving Red Hat's independence and neutrality and Red Hat will strengthen its existing partnerships to continue to give customers freedom, choice and flexibility.
Both companies have already built leading enterprise cloud businesses with consistent strong revenue growth, as they help customers transition their business models to the cloud. IBM cloud revenue for the 12-month period through the first quarter of this year grew to over $19 billion, reflecting a comprehensive range of as-a-service offerings, and software, hardware and services that enable IBM to advise, build, move and manage cloud solutions across public, private and on-premises environments for customers.
Financial Implications
This transaction accelerates IBM's revenue growth, contributes to its high value model, and enhances its free cash flow generation.
As a standalone business, Red Hat has a strong financial profile, with revenue consistently growing at a double-digit rate. Red Hat is also a high value business as evidenced by its gross and pre-tax profit margins and strong free cash flow. Red Hat will be reported as part of IBM's Cloud and Cognitive Software segment.
The addition of Red Hat will accelerate IBM's revenue growth, expecting to add approximately 200 basis points over the next five years through a combination of Red Hat's existing business, continued growth in Red Hat, and cross-selling opportunities across IBM's software and services businesses. The transaction is expected to be accretive to both operating gross profit margin and free cash flow in the first year, and accretive to IBM's operating earnings per share by the end of the second year, with the near-term EPS dilution driven primarily by a non-cash purchase accounting adjustment.
In an acquisition, US GAAP requires the buyer at closing to record the acquired deferred revenue balance at fair value. This results in a non-cash adjustment to the deferred revenue balance and a reduction to reported revenue post-closing. The level of adjustment will reflect the margin profile of Red Hat's business, and deferred revenue will be replenished over the subsequent two to three years, given Red Hat's high renewal rates and a stable and growing client base.
IBM acquired all of the issued and outstanding common shares of Red Hat for $190 per share in cash, representing a total equity value of approximately $34 billion.
The transaction was funded through a combination of debt and cash, with the incremental debt issued earlier this year. The company will continue its disciplined financial policy and is committed to maintaining its strong investment grade credit ratings, targeting a leverage profile consistent with a mid to high single A credit rating within a couple of years. IBM suspended its share repurchase program at the time of closing. At the same time the company is maintaining its solid and growing dividend.
Additional Information
IBM will report its second quarter 2019 earnings on July 17, 2019 and host its annual Investor Briefing webcast on August 2, 2019.
On July 17, IBM will provide a view of its 2019 full year performance excluding the addition of Red Hat and Red Hat-related activity. This provides transparency into the company's underlying business performance, and is on a basis consistent with the company's previous guidance and first-half results.
During its Investor Briefing on August 2, the company will provide a view of earnings per share and free cash flow expectations for 2019 and the medium term, reflecting the addition of Red Hat's business and other Red Hat-related activity, including the non-cash impact of the deferred revenue adjustment, transaction-related charges which are also primarily non-cash, and incremental interest expense.
For more information on today's news, visit:
https://newsroom.ibm.com
and
https://www.ibm.com/redhat

text: IBM

text: Red Hat

text: IBM

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text: IBM

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text: Red Hat


text:
EX-99.1
2
exhibit99-1.htm
EXHIBIT 99.1
DayStar Technologies, Inc.: Exhibit 99.1 - Filed by newsfilecorp.com
DayStar Technologies, Inc. (DSTI) Announces acquisition of
Hawaii Commercial Renewable
Energy Projects from Avatar Solar.
UNION CITY, CA--(October 16, 2012) - DayStar Technologies,
Inc. (NASDAQ: DSTI)
("DayStar") ("the Company") announced the purchase of
solar projects from
Avatar Solar of Simi,
Valley California
. DayStar's acquisition is a
first step and it's for the Avatar Solar's Hawaiian based projects. This is a
cash and equity deal that prices DayStar's common equity at $2.00 per share.
Total purchase price was $850,000.00
Avatar states: "We are excited about this arrangement with
DayStar. This now gives us the opportunity to bring our project pipelines to
DayStar. As such, we currently have projects ready for development in Hawaii,
California and India. This relationship will allow us to expand our project
capacities".
Mark (Lorne) Roseborough, President of DayStar, said, "This
transaction is representative of opportunities that we are evaluating and marks
the start of a new segment of business growth for Daystar".
Avatar is a full service provider in renewable solar projects,
which has multiple solar productions sites throughout the islands of Hawaii and
the state of California. This acquisition continues DayStar Technologies'
commitment to enhance and grow the ownership of renewable projects, as well as
engineering, installation and the maintenance segments of the company. Avatar
has a ten year history of growth in California, Hawaii, and India, and offers
DayStar an opportunity to partner in other renewable energy markets.
Solar energy is an increasingly affordable option without any
incentives, however, both the state and federal governments have fully
recognized the benefits of solar energy and offer solar tax incentives and tax
rebates.
About Avatar Solar:
Avatar Solar
is an alternative energy service provider,
specializing in solar electric systems through the sale of long term electricity
sale by way of Power Purchase Agreements (PPA). Avatar Solar has designed and
implemented cost-effective solar electricity solutions for large scale
commercial properties in both California and Hawaii.
About DayStar Technologies, Inc
.
DayStar Technologies, Inc. (DSTI)
is a developer of
solar photovoltaic products based upon GIGS thin film deposition technology and
is currently embarked on a strategy of strategic partnerships to enter new
markets within the global renewal energy industry including ownership and
construction of solar and renewable power plants. For more information, visit
the DayStar website at
http://www.daystartech.com/
.
For further information contact, William J Nalley, Orsay
Groupe, 305-515-8077, Info@orasygroupe.com.
Contact:
William Nalley
Orsay Groupe
info@orasygroupe.com
305-515-8077

text: DayStar Technologies, Inc.

text: DayStar Technologies, Inc.

text: Avatar Solar

text:
DayStar Technologies,
Inc.

text: Avatar Solar

text: Avatar Solar

text: DayStar Technologies

text: Avatar Solar

text: Avatar Solar

text: Avatar Solar

text: DayStar Technologies

text: DayStar Technologies, Inc.


text:
EX-99.1
5
a2143122zex-99_1.htm
EXHIBIT 99.1
EXHIBIT
99.1
News
Release
Investor Contact:
Yasmin Seyal
senior vice president & chief
financial officer
916-351-8585
Press Contact:
Linda Beech Cutler
vice president, corporate communications
916-351-8650
For Immediate Release
GenCorp
Completes Sale of GDX Automotive Business
SACRAMENTO, CA
-
August 31,
2004 - GenCorp Inc. (NYSE: GY) announced today that it has completed the sale
of its GDX Automotive business (GDX) to Cerberus Capital Management, L.P., a
New York-based investment firm. GenCorp
will receive $147 million in cash from the transaction, on a debt-free
cash-free basis.
"The sale of GDX represents a major step in GenCorp's efforts to focus
the Company's resources in our Aerospace and Defense and Real Estate operations,
where we believe we can achieve higher returns and growth", said Terry Hall,
chairman of the Board, president and chief executive officer of GenCorp.
GenCorp classified GDX as a discontinued operation as of the second
quarter of 2004, recording a one-time charge in that quarter of $261 million to
reflect the estimated disposition value.
Deutsche Bank Securities Inc. acted as a financial advisor to GenCorp
on the transaction.
About GenCorp
GenCorp
is a technology-based manufacturer with positions in the aerospace and defense,
real estate and the pharmaceutical fine chemicals industries. Additional information about GenCorp can be
obtained by visiting the Company's web site at
www.GenCorp.com
.
About Cerberus
Headquartered in New York, Cerberus Capital Management and its
affiliated entities manage funds and accounts with capital in excess of $14
billion.
Forward-Looking Statements
The statements in this press release regarding the sale of the GDX
Automotive business, as well as the Company's plans for its core businesses are
forward-looking statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. Such
forward-looking statements involve risks and uncertainties. In addition, the Company's future plans for
its core businesses are dependent upon the future performance of the core
businesses, opportunities for growth and market conditions generally. Actual results may differ from those
expressed in the forward-looking statements.
# # #
2

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text: GenCorp

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text: GenCorp

text: GenCorp

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text: GenCorp

text: GenCorp

text: GenCorp

text: GenCorp

text:
GDX
Automotive business


text:
EX-99
7
exhibit_99-1.htm
EXHIBIT 99.1
Exhibit 99.1
EXHIBIT 99.1
10172 Linn Station Road
Louisville, Kentucky 40223
(502) 426-4800
Contact: Gregory A. Wells, Executive Vice President and CFO
Date: June 12, 2009
FOR IMMEDIATE RELEASE
NTS Realty Holdings Limited Partnership Announces the Purchase
of Golf Brook and Sabal Park Apartments in Longwood, Florida with an Affiliated Joint Venture Partner
Louisville, KY (June 12, 2009)
(NYSE Amex: NLP) -
NTS Realty Holdings Limited Partnership (the
"Company") announced today that it completed the acquisition of two multifamily
properties with an affiliated joint venture partner. An executive officer of the
Company's managing general partner has a familial relationship with a member of the
joint venture partner.
On April 10, 2009, the Company
entered into an agreement to acquire Golf Brook Apartments ("Golf Brook") and
Sabal Park Apartments ("Sabal Park"), which are located in Longwood, Florida. On
June 3, 2009, GB Central Holdings, LLC ("GB Central") and SP Central Holdings,
LLC ("SP Central"), both Delaware limited liability companies and wholly owned
subsidiaries of the Company, entered into operating agreements with Pluris Property Fund
I, L.P. ("PPFI"), an affiliated Delaware limited partnership, to form GB
Longwood Properties, LLC ("GB Longwood") and SP Longwood Properties, LLC
("SP Longwood"), respectively. On June 10, 2009, GB Central and SP Central
entered into amended and restated operating agreements with PPFI to provide that GB
Central and SP Central own 76.5% of the membership interests in GB Longwood and SP
Longwood, respectively. GB Longwood and SP Longwood purchased the properties from 385 Golf
Brook Circle Longwood, LLC and 302 Sabal Park Place Longwood, LLC, both Delaware limited
liability companies, neither of which is affiliated with the Company. GB Central will
serve as the sole manager of GB Longwood, and SP Central will serve as the sole manager of
SP Longwood. GB Longwood and SP Longwood have appointed NTS Management Company, an
affiliate of the Company, as the property manager for both properties.
Brian Lavin, the President and Chief
Executive Officer of the Company's managing general partner said, "NTS
Development, an affiliate of the Company, developed both Sabal Park and Golf Brook in the
late 1980s on behalf of some of the Company's predecessor owners. The Company
acquired both assets as part of going public in 2004 and subsequently sold them in 2006.
We are very pleased to once again have this presence in the Orlando area apartment market.
The economic conditions in central Florida have allowed us to reacquire these unparalleled
assets at what we believe are very attractive entry values, permitting us to leverage the
expertise our management team has shown on so many previous occasions since the Company
went public".
The Company and its joint venture
partner paid an aggregate purchase price of $32.5 million to acquire Golf Brook and Sabal
Park. A spokesperson for the Company indicated that the Company and its co-owner satisfied
the purchase price for Golf Brook and Sabal Park with funds obtained from a non-recourse
mortgage loan from a government-sponsored lender and from working capital.
About NTS Realty
Holdings Limited Partnership
The Company directly, as a tenant in
common with unaffiliated co-owners, or as a majority joint venture partner with an
affiliate, currently owns twenty-four properties comprised of fourteen multifamily
properties, seven office buildings and business centers and three retail properties. The
properties are located in and around Louisville and Lexington, Kentucky, Nashville and
Cordova, Tennessee, Richmond, Virginia, Fort Lauderdale and Orlando, Florida,
Indianapolis, Indiana and Atlanta, Georgia. The Company's limited partnership units
are listed on the NYSE - Amex platform under the trading symbol of "NLP".
Safe Harbor Under the
Private Securities Litigation Reform Act of 1995
This press release contains forward
looking statements that can be identified by the use of words like "believe,"
"expect", "may", "could", "intend,"
"project", "estimate", or "anticipate." These forward
looking statements, implicitly or explicitly, include assumptions underlying the
statements and other information with respect to the Company's beliefs, plans,
objectives, goals, expectations, estimates, intentions, financial condition, results of
operations, future performance and business, including its expectation of, and estimates
with respect to, revenues, expenses, earnings, return of and on equity, return on assets,
asset quality and other financial data and performance ratios. Although the Company
believes that the expectations reflected in its forward looking statements are reasonable,
these statements involve risks and uncertainties which are subject to change based on
various important factors, some of which are beyond the Company's control. Important
factors that would cause actual results to differ materially from expectations are
disclosed under "Risk Factors" and elsewhere in the Company's most recent
annual report on Form 10-K, which was filed on March 31, 2009, and registration statement
on Form S-4, which became effective on October 27, 2004.
If one or more of the factors
affecting forward looking information and statements proves incorrect, the Company's
actual results of operations, financial condition or prospects could differ materially
from those expressed in, or implied by, the forward looking information and statements
contained in this press release.
- ### -

text: NTS Realty Holdings Limited Partnership

text: Sabal Park Apartments

text: NTS Realty Holdings Limited Partnership

text: Golf Brook Apartments

text: Sabal Park Apartments

text:
NTS Realty
Holdings Limited Partnership


text:
EX-99.1
2
pressrelease_12102008.htm
PRESS RELEASE DATED DECEMBER 10, 2008
pressrelease_12102008.htm
PRESS
RELEASE
SYMBOLLON
PHARMACEUTICALS, INC.
37
Loring Drive, Framingham, MA 01702
Phone:
(508) 620-7676 Fax: (508) 620-7111
FOR
IMMEDIATE RELEASE
SYMBOLLON
ENTERS INTO SALE/LICENSE AGREEMENT COVERING UPPER RESPIRATORY TRACT
TECHNOLOGY
FRAMINGHAM, MA. December 10, 2008 --
Symbollon Pharmaceuticals, Inc. (OTCBB: SYMBA)
announced that on December
8, 2008 it signed a sale/license agreement with BioCide Pharma, Inc. covering
upper respiratory tract products based on Symbollon's proprietary iodine-based
technology. Under the agreement, Symbollon will transfer ownership of
its patent application covering use of its technology in the upper respiratory
tract. As partial consideration under the agreement, Symbollon will
receive an equity position in BioCide equal to 50% ownership of the
company.
Under the
terms of the agreement, BioCide will receive ownership of Symbollon's patent
application covering use of its technology in the upper respiratory tract and
obtain an exclusive license to Symbollon's other iodine-based technology for use
in the field. As partial consideration for the transfer, BioCide
issued 625,000 shares of its common stock which represents 50% of BioCide's
outstanding equity. Additionally, BioCide agreed to assume all of
Symbollon's outstanding patent fees and expenses (approximately $18,000) related
to the patent application. Under the agreement, BioCide is required
to raise $250,000 in equity during 2009 and an aggregate of $1,250,000 by the
end of 2010. So long as Symbollon retains at least a 10% ownership
position in BioCide, it has the right to appoint one member of BioCide's board
of directors. James Richards, a director of Symbollon, and Paul
Desjourdy, an officer and director of Symbollon, own the remaining outstanding
equity of BioCide. Messrs. Richards and Desjourdy are also officers
and directors of BioCide. As part of the transaction, Mr. Richards
agreed to loan BioCide $50,000 in order for BioCide to cover currently due
patent prosecution expenses related to the transferred patent
application.
"We
entered into this transaction to preserve our intellectual property in the upper
respiratory tract", stated Paul C. Desjourdy, President and Chief Executive
Officer of Symbollon. "Symbollon was not able to finance further
prosecution of the patent application. By transferring this asset to
BioCide, we believe that the required funding to develop products in the area
can be raised without dilution to Symbollon's stockholders. This will
allow Symbollon to focus its efforts on the commercialization of IoGen™, our
dietary supplement to promote breast health, and resources allowing, to develop
topical antimicrobial products based on our technology".
About Symbollon Pharmaceuticals,
Inc.
(OTCBB: SYMBA) is a specialty pharmaceutical company focused on the
development and commercialization of proprietary products based on its molecular
iodine technology for women's healthcare and antimicrobials uses. For
more information about Symbollon, please visit the company's website at
http://www.symbollon.com
.
Forward Looking Statement
This
news release contains statements by the Company that involve risks and
uncertainties and may constitute forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Such
statements reflect management's current views and are based on certain
assumptions. Actual results could differ materially from those
currently anticipated as a result of a number of factors, including, but not
limited to, the risks and uncertainties associated with whether (i) we will be
able to successfully commercial of IoGen, (ii) Symbollon will be able to obtain
the resources necessary to continue operations as a going concern, (iii) the
Company will be able to enter into new arrangements with corporate partners,
(iv) management and the Board of Directors will be able to maximize shareholder
value by leveraging the Company's proprietary technology, and (v) such other
factors as may be disclosed from time-to-time in the Company's reports as filed
with the Securities and Exchange Commission.
CONTACT:
Paul C.
Desjourdy, President and CEO
Symbollon
Pharmaceuticals, Inc.
(508)
620-7676, x202
www.symbollon.com

text:
SYMBOLLON
PHARMACEUTICALS, INC.

text: SYMBOLLON

text: Symbollon Pharmaceuticals, Inc.

text: BioCide Pharma, Inc.

text: Symbollon

text: Symbollon

text: Symbollon

text: Symbollon

text: Symbollon

text: Symbollon

text: Symbollon

text: Symbollon

text: Symbollon

text: Paul C. Desjourdy

text: Symbollon

text: Symbollon

text: Symbollon

text: Symbollon

text:
Symbollon Pharmaceuticals,
Inc.

text: Symbollon

text: Symbollon

text:
Paul C.
Desjourdy

text:
Symbollon
Pharmaceuticals, Inc.


text:
EX-99.1
4
v192480_ex99-1.htm
Unassociated Document
PRESS RELEASE
DATED AUGUST 5, 2010
August 5,
2010
For
Immediate Release
ONCAP
Completes Acquisition of Sport Supply Group
Dallas,
TX. Sport Supply Group, Inc. (NASDAQ - RBI) today announced that ONCAP II LP and
its affiliates ("ONCAP"), the mid-market private equity platform of Onex
Corporation, have completed the previously-announced acquisition of Sport Supply
Group.
Earlier
today, Sport Supply Group's shareholders approved the going-private transaction
at a special meeting of shareholders. Pursuant to the definitive merger
agreement between ONCAP and Sport Supply Group, executed on March 15, 2010,
Sport Supply Group stockholders will receive $13.55 per share in
cash.
Adam
Blumenfeld, Chairman and Chief Executive Officer of Sport Supply Group, stated:
"We sincerely appreciate the loyalty and support of our shareholders over the
years. We look forward to a long and productive relationship with ONCAP in
the years to come".
Mark
Gordon, Managing Director at ONCAP, commented: "We are very excited to be
partnering with the management team and employees of Sport Supply Group and look
forward to working together to further build on the company's success through
organic and acquisition growth initiatives".
Sport
Supply Group's common stock will cease trading on the NASDAQ as of the close of
business on August 5, 2010.
O'Melveny
& Myers LLP served as legal counsel to ONCAP and Vinson & Elkins L.L.P.
served as legal counsel to Sport Supply Group. Houlihan Lokey Howard &
Zukin Capital, Inc. served as financial advisor to the Sport Supply Group
special committee in connection with the merger.
About
Sport Supply Group
Sport
Supply Group Inc. is the nation's leading marketer, manufacturer and distributor
of sporting goods and branded team uniforms to the institutional and team sports
market. The Company markets via three million direct catalogs, a 40-person
telesales team, more than 200 direct sales professionals, 60 Platinum Resellers
and a family of company-controlled websites.
About
ONCAP
ONCAP, in
partnership with operating company management teams, invests in and builds
shareholder value in North American small and mid-size companies that are
leaders in their defined market niche and possess meaningful acquisition and
organic growth potential. For more information on ONCAP, please visit
www.oncap.com
.
ONCAP is
the mid-market private equity platform of Onex, one of North America's oldest
and most successful investment firms committed to acquiring and building
high-quality businesses in partnership with talented management teams.
Onex manages investment platforms focused on private equity, real estate and
credit securities. In total, Onex manages approximately
US$12 billion. Over 26 years, Onex has built approximately 60
businesses, generating 3.4 times the capital it has invested and managed
and earning a 29 percent compound annual return on invested capital.
For more information on Onex, please visit
www.onex.com
.
Contact:
Sport
Supply Group, Inc.
Adam
Blumenfeld
972-243-0879

text: ONCAP

text: Sport Supply Group

text: Sport Supply Group, Inc.

text: ONCAP II LP

text: ONCAP

text:
Sport Supply
Group

text: Sport Supply Group

text: ONCAP

text: Sport Supply Group

text: Sport Supply Group

text:
Adam
Blumenfeld

text: Sport Supply Group

text: ONCAP

text:
Mark
Gordon

text: ONCAP

text: Sport Supply Group

text:
Sport
Supply Group

text:
O'Melveny
& Myers LLP

text: ONCAP

text: Vinson & Elkins L.L.P.

text: Sport Supply Group

text: Sport Supply Group

text: Sport Supply Group

text: ONCAP

text: ONCAP

text: ONCAP

text: ONCAP

text:
Sport
Supply Group, Inc.

text:
Adam
Blumenfeld


text:
EX-99.1
3
sibe_ex99z1.htm
PRESS RELEASE
Press Release
Exhibit 99.1
SIBLING GROUP FINALIZES BLENDED SCHOOLS NETWORK TRANSACTION
Expansion of Marketing, Sales and Offerings Represent Key Opportunity
ATLANTA, GA May 30, 2014 (Marketwired via COMTEX) Sibling Group Holdings, Inc. (OTCQB: SIBE), (www.siblinggroup.com) (the "Company") announced today that it has finalized the acquisition of Blended Schools Network (www.blendedschools.net, "BSN"), with agreement from both companies Board of Directors. BSN will operate as an independent business unit, and be a key element of Sibling Group's K-12 strategy for high quality content development, professional development, and for emerging educational technologies.
Blended Schools Network was founded in 2002 by Pennsylvania school superintendents in order to bring high quality online learning to all students. Currently, BSN serves over 160 school districts and has over 300,000 course enrollments for this past school year, and has historically generated around $3M in annual revenues. They have developed over 190 online courses, 15,000 lessons, 12,000 videos and over 8,000 modules.
Dave Saba, Sibling Group Holdings President, commented, "Industry experts have projected that by 2019, 50 percent of all high school courses will be delivered online*, and BSN's positioning in this market should give us solid growth potential. Moreover, with other acquisitions under consideration, it can be strongly leveraged, for increased scale and market presence".
Leaders from both organizations have worked closely together over the last six months to position BSN for substantial growth. BSN has already experienced success through expansion into new states like Nevada, California, Wisconsin, Ohio and New Jersey, and is focused on expanding potential national partnerships for distribution of both student-facing content and teacher professional development.
"We are very excited to be able to take this incredible resource for teachers and students and bring it to so many more schools in the U.S. and around the world", stated Saba. "Building a high performing lifelong learning company around this exceptional team of education professionals is the perfect next step for Sibling Group Holdings and sets the tone for long term success".
The BSN team is already working to re-launch Sibling's Special Education, and Social Emotional Learning products under the BSN brand. BSN is also working with Sibling experts on bringing a Childhood Development Associate certification product to market in 2014.
* Source - Disrupting Class: How Disruptive Innovation Will Change the Way the World Learns by Clayton Christensen, Curtis W. Johnson andMichael B. Horn
About Sibling Group Holdings, Inc:Sibling Group Holdings, Inc. (OTCQB: SIBE) (www.siblinggroup.com) intends to acquire, on a global basis, advanced technology and education management operations in order to enhance and accelerate the delivery of 21st century learning. By accessing funding from the public capital markets and melding them into a unified strategy, Sibling seeks to accelerate the improvement of education across the globe. The results: better educated children and adults, a sustainable and cost effective instructional model and reduced dependence on governmental funding. Our current operations include professional development for the teaching profession and educational technology offerings including classroom management tools. The Company's executive offices are in Atlanta, Georgia.
Blended Schools Network will be an independent business unit of Sibling Group Holdings, Inc., and will continue to operate providing online curriculum with 192 master courses for the K-12 marketplace, all Common Core compatible; a complete hosted course authoring and learning management system (LMS) environment featuring both Blackboard and Canvas; the new Language Institute, with online courses in Arabic, Chinese, Spanish, French, Japanese, Latin, Russian, German and Hindi, all oriented to meet today's ESL requirements. The Blendedschools.net staff provides online, and on-site training for Blended Learning training methods, conversion planning, and implementation. For more information, go to www.blendedschools.net, or call Sheri Border, at 814-542-2501 x181, or by email at sborder@blendedschools.net.
Safe Harbor:
This press release may contain forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Sibling Group Holdings, Inc. is subject to risks detailed from time to time in its publicly filed documents available at www.sec.gov. Sibling Group Holdings, Inc. does not undertake to update any forward-looking statements that it may make to conform to actual results. All current and potential shareholders are asked to read all filings for the Company at the Securities and Exchange Commission web site, www.SEC.gov.
Contact:
Alexandra Langheinrich
Email: Alexandra@wallstreetnewscast.com
Phone: (201) 355-6946

text: SIBLING GROUP

text: BLENDED SCHOOLS NETWORK

text: Sibling Group Holdings, Inc.

text: Blended Schools Network

text: Sibling Group

text: Blended Schools Network

text: Sibling Group Holdings, Inc.

text: Blended Schools Network

text: Sibling Group Holdings, Inc.

text: Sibling Group Holdings, Inc.

text: Sibling Group Holdings, Inc.


text:
EX-99.1
4
exh_991.htm
EXHIBIT 99.1
EdgarFiling
EXHIBIT
99.1
Perceptron
Completes Merger with Atlas Copco
PLYMOUTH, Mich., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Perceptron, Inc. (NASDAQ:
PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced receiving
all regulatory approvals and the successful closing of the previously announced Agreement and Plan of Merger with Atlas Copco,
a world-leading provider of sustainable productivity solutions headquartered in Stockholm, Sweden.
As
a result of the merger, Perceptron has become a wholly owned subsidiary of Atlas Copco.
Under the terms of the merger agreement, Perceptron shareholders receive $7.00 per share
in cash for each share of common stock held. Following the closing, Perceptron's
common stock will no longer be publicly traded and will be delisted from the Nasdaq Global
Market.
"We
are pleased to have completed the merger with Atlas Copco, maximizing value for our shareholders,
providing our customers with access to a broader array of technology and products, and
offering our employees exciting new growth opportunities", stated Jay Freeland,
Chairman, and Interim CEO of Perceptron. "The path forward for our combined organizations
is bright and the team is well-prepared for a seamless transition".
XMS
Capital Partners, LLC acted as financial advisor and Dykema Gossett PLLC acted as legal
counsel to Perceptron on this transaction.
About
Perceptron
®
Perceptron
(NASDAQ: PRCP) develops, produces and sells a comprehensive range of automated industrial
metrology products and solutions to manufacturing organizations for dimensional gauging,
dimensional inspection and 3D scanning. Products include 3D machine vision solutions,
robot guidance, coordinate measuring machines, laser scanning and advanced analysis software.
Global automotive and other manufacturing companies rely on Perceptron's metrology solutions
to assist in managing their complex manufacturing processes to improve quality, shorten
product launch times and reduce costs. Headquartered in Plymouth, Michigan, Perceptron
has subsidiary operations in Brazil, China, Czech Republic, France, Germany, India, Italy,
Japan, Slovakia, Spain, and the United Kingdom. For more information, please visit www.perceptron.com.
Safe
Harbor Statement
Certain
statements in this press release may be "forward-looking statements" within
the meaning of the Securities Exchange Act of 1934, including our expectations regarding
our fiscal year 2021 and future results, operating data, new order bookings, revenue,
expenses, net income and backlog levels, trends affecting our future revenue levels,
the rate of new orders, and our ability to fund our fiscal year 2021 and future cash
flow requirements. We may also make forward-looking statements in our press releases
or other public or shareholder communications. Whenever possible, we have identified
these forward-looking statements by words such as "target", "will,"
"should", "could", "believes", "expects,"
"anticipates", "estimates", "prospects", "outlook,"
"guidance" or similar expressions. We claim the protection of the safe harbor
for forward-looking statements contained in the Private Securities Litigation Reform
Act of 1995 for all of our forward-looking statements. While we believe that our forward-looking
statements are reasonable, you should not place undue reliance on any such forward-looking
statements, which speak only as of the date made. Because these forward-looking statements
are based on estimates and assumptions that are subject to significant business, economic
and competitive uncertainties, many of which are beyond our control or are subject to
change, actual results could be materially different. Factors that might cause such a
difference include, without limitation, the risks and uncertainties discussed from time
to time in our periodic reports filed with the Securities and Exchange Commission (the
"SEC"), including those listed in "Item 1A. Risk Factors" of
our Annual Report on Form 10-K for our fiscal 2020. Except as required by applicable
law, we do not undertake, and expressly disclaim, any obligation to publicly update or
alter our statements whether as a result of new information, events or circumstances
occurring after the date of this report or otherwise.
Contact:
Investor
Relations
investors@perceptron.com

text: Perceptron

text: Atlas Copco

text: Perceptron, Inc.

text: Atlas Copco

text: Perceptron

text: Atlas Copco

text: Perceptron

text: Perceptron

text: Atlas Copco

text: Jay Freeland

text: Perceptron

text:
XMS
Capital Partners, LLC

text: Dykema Gossett PLLC

text: Perceptron

text: Perceptron

text: Perceptron

text: Perceptron

text: Perceptron


text:
EX-99.1
5
alterrasalepressrelease.htm
ALTERRA SALE PRESS RELEASE
Alterra Sale Press Release
NEWS
RELEASE
For
Immediate Release
Contact:
Raymond Brandstrom
June
29, 2005
Chief
Financial Officer
(206)
298-2909
EMERITUS
ANNOUNCES PARTIAL SALE OF ALTERRA HEALTHCARE FOR $25
MILLION
SEATTLE,
WA, June 29, 2005
--
Emeritus Assisted Living (AMEX: ESC) (Emeritus Corporation), a national provider
of assisted living and related services to senior citizens, today announced
the
Company sold half the Company's 25% interest in Alterra Healthcare, a Milwaukee,
Wisconsin based operator of assisted living facilities. The Company acquired
the
25% interest in December 2003 for $7.7 million. An affiliate of Fortress
Investment Group LLC (50% owner of Alterra) acquired 12.5% interest from the
Company for $25 million in cash. Emeritus will continue to hold a 12.5% interest
in Alterra. Dan Baty and Ray Brandstrom, both executives of Emeritus, have
resigned their positions on Alterra's board of directors effective with this
transaction. Dan Baty, CEO of Emeritus, stated "This transaction not only
provides a current cash infusion to Emeritus, but also allows us to have a
continuing interest in the current and future value of Alterra".
ABOUT
THE COMPANY
Emeritus
Assisted Living is a national provider of assisted living and related services
to seniors. Emeritus is one of the largest developers and operators of
freestanding assisted living communities throughout the United States. These
communities provide a residential housing alternative for senior citizens who
need help with the activities of daily living with an emphasis on assistance
with personal care services to provide residents with an opportunity for support
in the aging process. Emeritus currently holds interests in 182 communities
representing capacity for approximately 18,400 residents in 34 states.
Emeritus's common stock is traded on the American Stock Exchange under the
symbol ESC, and its home page can be found on the Internet at www.emeritus.com.
"Safe
Harbor" Statement under the Private Securities Litigation Reform Act of 1995: A
number of the matters and subject areas discussed in this report that are not
historical or current facts deal with potential future circumstances,
operations, and prospects. The discussion of such matters and subject areas
is
qualified by the inherent risks and uncertainties surrounding future
expectations generally, and also may materially differ from our actual future
experience as a result of such factors as: the effects of competition and
economic conditions on the occupancy levels in our communities; our ability
under current market conditions to maintain and increase our resident charges
without adversely affecting occupancy levels; our ability to control community
operation expenses, including insurance and utility costs, without adversely
affecting the level of occupancy and the level of resident charges; our ability
to generate cash flow sufficient to service our debt and other fixed payment
requirements; our ability to find sources of financing and capital on
satisfactory terms to meet our cash requirements to the extent that they are
not
met by operation, and final resolution of the adverse Texas jury verdict and
other uncertainties related to professional liability claims.We have attempted
to identify, in context, certain of the factors that we currently believe may
cause actual future experience and results to differ from our current
expectations regarding the relevant matter or subject area. These and other
risks and uncertainties are detailed in our reports filed with the Securities
and Exchange Commission (SEC), including our Annual Reports on Form 10-K and
Quarterly Reports Form 10-Q.

text: EMERITUS

text: ALTERRA HEALTHCARE

text: Emeritus Assisted Living

text: Emeritus

text: Alterra Healthcare

text:
Fortress
Investment Group LLC

text: Emeritus

text: Dan Baty

text: Emeritus

text: Dan Baty

text: Emeritus

text: Emeritus

text:
Emeritus
Assisted Living

text: Emeritus

text: Emeritus

text: Emeritus


text:
EX-99.1
2
dex991.htm
PRESS RELEASE
Press Release
Exhibit 99.1
Contact:
Will Roberts
Director, Corporate Communications
Phone (610) 321-6288
VIROPHARMA
INCORPORATED COMPLETES ACQUISITION
OF U.S. VANCOCIN BRAND
EXTON, Pa., November 10, 2004 - ViroPharma Incorporated (Nasdaq: VPHM) announced today that it has completed its acquisition of all
rights in the U.S. to manufacture, market and sell Vancocin Pulvules
®
, the oral capsule formulation of Vancocin (vancomycin hydrochloride), as well as rights to certain related Vancocin products from Eli Lilly and Company (NYSE: LLY).
About ViroPharma Incorporated
ViroPharma Incorporated is committed to the development and commercialization of products
that address serious diseases treated by physician specialists and in hospital settings. As a result of the acquisition completed today, ViroPharma will commercialize Vancocin Pulvules, approved for oral administration for treatment of enterocolitis
caused by
S. aureus
(including methicillin-resistant strains) and antibiotic-associated pseudomembranous colitis caused by
C. difficile
. (For prescribing information, please download the package insert at
http://www.viropharma.com/Vancocin_PI.pdf). ViroPharma currently focuses its drug development activities in viral diseases including cytomegalovirus (CMV) and hepatitis C (HCV). For more information on ViroPharma and its development and commercial
products, visit the company's website at www.viropharma.com.
###

text: Will Roberts

text:
VIROPHARMA
INCORPORATED

text:
VANCOCIN BRAND
EXTON, Pa.

text: ViroPharma Incorporated

text: Eli Lilly and Company

text: ViroPharma Incorporated

text: ViroPharma Incorporated


text:
EX-99.1
3
exhibit991.htm
EXHIBIT
Exhibit 99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
May 1, 2014
HERITAGE FINANCIAL CORPORATION COMPLETES MERGER WITH
WASHINGTON BANKING COMPANY
Olympia, WA / May 1, 2014 / PR Newswire / - (NASDAQ:HFWA) Heritage Financial Corporation ("Heritage"), the parent company of Heritage Bank, announced that on May 1, 2014, it completed its previously announced merger with Washington Banking Company ("Washington Banking") and the merger of Whidbey Island Bank, the bank subsidiary of Washington Banking, into Heritage Bank.
Brian L. Vance, Chief Executive Officer of Heritage and Heritage Bank, stated, "We are very pleased to announce the completion of this transformative merger. By combining two quality Washington State banks that were similar in many ways, we have created an organization with approximately $3.3 billion in assets that has 67 branch locations in Washington and Oregon. We have created an institution of meaningful size and scale that will be able to better serve our customers and communities and compete more effectively. The combination also provides momentum for additional growth initiatives throughout the footprint of the combined company".
Under the terms of the merger agreement, shareholders of Washington Banking immediately prior to the merger will receive 0.89000 shares of Heritage's common stock and $2.75 in cash for each share of Washington Banking common stock, with cash to be paid in lieu of any fractional shares. Washington Banking shareholders will receive information shortly on how to exchange their Washington Banking shares for shares of the merged company.
The Heritage leadership team draws on senior management from both organizations and the board of directors of the combined company is comprised of eight former Heritage directors and seven former Washington Banking directors. The eight directors from Heritage include Brian S. Charneski, who will serve as vice-chairman of the board, David H. Brown, Gary B. Christensen, John A. Clees, Kimberly T. Ellwanger, Jeffrey S. Lyon, Brian L. Vance and Ann Watson. The seven directors from Washington Banking include Anthony B. Pickering, who will serve as chairman of the combined board, Rhoda L. Altom, Mark D. Crawford, Deborah J. Gavin, Jay T. Lien, Gragg E. Miller and Robert T. Severns.
In connection with the consummation of the merger as well as the corporate governance retirement age provisions, Donald V. Rhodes and Daryl D. Jensen resigned as members of the Boards of Directors of Heritage and its wholly-owned bank subsidiary, Heritage Bank. Messrs. Rhodes and Jensen had served as directors of Heritage for 25 and 29 years, respectively. In addition, Mr. Rhodes served as Heritage's CEO from 1989 until 2003 and as Chairman of the Board since 1990.
Mr. Vance added, "I particularly want to thank the directors, officers and staff from both organizations. It was a result of their truly collaborative efforts that this transaction was successfully completed. In addition, at this time, I want to extend our sincere appreciation to the dedication and assistance of Don Rhodes and Daryl Jensen to Heritage during their years of outstanding service to Heritage and Heritage Bank. Our Company, board, employees and shareholders are indebted to them for their leadership and guidance that has been instrumental to our growth and success for many years".
About Heritage Financial
Heritage Financial Corporation is an Olympia-based bank holding company with Heritage Bank, a full-service commercial bank, as its sole wholly owned banking subsidiary. Heritage Bank has a branching network of 67 banking offices in Washington and Oregon. Heritage Bank does business under the Central Valley Bank name in the Yakima and Kittitas counties of Washington. Six of the branch offices located on Whidbey Island in Island County that were acquired in its merger with Washington Banking will continue to operate under the name of Whidbey Island Bank. Heritage's stock is traded on the NASDAQ Global Select Market under the symbol "HFWA". More information about Heritage Financial Corporation can be found on its website at www.hf-wa.com and more information about Heritage Bank can be found on its website at www.heritagebanknw.com.
Note Regarding Forward Looking Statements
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as "may", "expected", "anticipate", "continue", or other comparable words. In addition, all statements other than statements of historical facts that address activities that Heritage expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to read the SEC reports of Heritage Financial Corporation, particularly its Form 10-K and 10-K/A for the year ended December 31, 2013 or the Form 10-Q for the quarter ended March 31, 2014, for meaningful cautionary language discussing why actual results may vary materially from those anticipated by management. Specific risks in this press release include among other things: the expected cost savings, synergies and other financial benefits from the merger with Washington Banking might not be realized within the expected time frames or at all, and costs or difficulties relating to integration matters might be greater than expected.
Contacts:
Brian L. Vance, President & CEO, (360) 943-1500

text: HERITAGE FINANCIAL CORPORATION

text: WASHINGTON BANKING COMPANY

text: Heritage Financial Corporation

text: Heritage Bank

text: Washington Banking Company

text: Washington Banking

text: Whidbey Island Bank

text: Washington Banking

text: Heritage Bank

text: Brian L. Vance

text: Heritage Bank

text: Washington Banking

text: Washington Banking

text: Washington Banking

text: Washington Banking

text: Washington Banking

text: Brian L. Vance

text: Washington Banking

text: Heritage Bank

text: Heritage Bank

text: Heritage Financial Corporation

text: Heritage Bank

text: Heritage Bank

text: Heritage Bank

text: Washington Banking

text: Whidbey Island Bank

text: Heritage Financial Corporation

text: Heritage Bank

text: Heritage Financial Corporation

text: Washington Banking

text: Brian L. Vance


text:
EX-99.1
12
a991pressrlease.htm
PRESS RELEASE
99.1 Press Rlease
Exhibit 99.1
18100 Von Karman Avenue
Suite 500
Irvine, CA 92612
949.852.0700
NEWS RELEASE
Contact: Jennifer Schmidt
Phone: 949.333.1721
Email: jschmidt@steadfastcmg.com
STEADFAST INCOME REIT ACQUIRES
SONOMA GRANDE IN TULSA, OKLAHOMA
IRVINE, Calif., May 31, 2012 - Steadfast Income REIT, Inc. announced today the $32.2 million acquisition of Sonoma Grande, a 336-unit garden-style apartment community in Tulsa, Okla. The REIT now has invested over $200 million in 13 apartment communities in six Midwestern states.
"Sonoma Grande exemplifies two key facets of our strategy -- to invest in apartment communities that are well located in strong job growth markets, and to seek concentration in those markets to add synergy to our operating platform, reduce operating costs and increase revenue", said Rodney F. Emery, CEO and president of Steadfast. "This is our third Oklahoma property and the Tulsa submarket is expected to continue to outperform the nation in job growth for the next two years".
Sonoma Grande was built in 2009 and consists of 13 three-story residential buildings set amongst a 20-acre site that affords residents ample open space and large floorplans. The garden-style property is 91% occupied with a mix of one-, two- and three-bedroom apartments that average approximately 1,130 square feet and have in-place monthly rents that average $941.
Residents in the gated community enjoy exceptional amenities that include a resort-style swimming pool with cabanas; an outdoor gourmet kitchen and gathering area; a fitness center; a tanning center; a playground; ceramic tile kitchens, bathrooms and foyers; full-size washer and dryer, walk-in closets and private balconies or sunrooms. In addition, many units have attached or detached garages, nine-foot ceilings, jetted garden tubs and separate showers with glass doors.
Sonoma Grande is located in a high-income submarket approximately 15 miles southeast of downtown Tulsa, and is served by the Union Public Schools system, which typically ranks among the best in the state.
Tulsa outperformed the nation in employment growth in 2011 thanks to a diverse economy including oil and energy sectors, aerospace, telecommunications, manufacturing, construction, technology, healthcare, education and transportation. The local economy benefits from the presence of two Fortune 500 companies - Oneok and Williams - and other major employers including American Airlines, AT&T, Bank of Oklahoma Financial and Blue Cross Blue Shield of Oklahoma, among others.
With today's acquisition, the REIT surpassed the $200 million milestone and has over 2,800 apartment units in Illinois, Iowa, Kansas, Kentucky, Missouri and Oklahoma. The REIT's first two properties were acquired in 2010, it added six properties in 2011 and has purchased five additional assets so far this year.
About Steadfast Income REIT
Steadfast Income REIT is a real estate investment trust that intends to acquire and operate a diverse portfolio of real estate investments focused primarily on the multifamily sector, including stable, income-producing and value-added properties. The REIT is sponsored by Steadfast REIT Investments, LLC, an affiliate of Steadfast Companies, an Orange County, Calif.-based group of affiliated real estate investment companies that acquire, develop and manage real estate in the U.S. and Mexico.
This release contains certain forward-looking statements. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of Steadfast Income REIT, Inc.'s annual report on Form 10-K and other reports filed with the Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and the company undertakes no obligation to update any such statements that may become untrue because of subsequent events. Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES.
###

text: SONOMA GRANDE

text: Steadfast Income REIT, Inc.

text: Sonoma Grande

text: Sonoma Grande

text: Rodney F. Emery

text: Sonoma Grande

text: Sonoma Grande

text: Steadfast Income REIT, Inc.


text:
EX-99.5
6
ex99-5.htm
EX-99.5
Exhibit
99.5
December
28, 2004
Mr.
Michael Jordan
6320
S.W.
32nd
Street
Miramar,
Fl 33023-5004
Dear
Mr.
Jordan:
This
will
confirm the terms under which you will be paid for providing assistance as
a
consultant in connection with our acquisition of Ariel Way, Inc. We have agreed
that upon our acquisition of such firm you shall be issued 499,342 shares of
our
common stock which shall be registered on Form S-8 prior to issuance and shall
not be subject to restrictions on transfer. If such acquisition is not completed
no fee shall be due you.
You
acknowledge that it is your responsibility to obtain your own legal and tax
advice with respect to this agreement and the transaction contemplated hereby
and acknowledge that Joel Bernstein, Esq. has represented only Netfran in
connection with this agreement and not you.
If
the
foregoing accurately sets forth the full and complete terms of our agreement,
please so confirm by signing in the place indicated below and returning to
the
undersigned for its records at which time this shall constitute a legally
binding agreement between us.
Yours
very truly,
NETFRAN
DEVELOPMENT CORP.
By:
s/
Elliot Krasnow, President
THE
ABOVE
IS CONFIRMED:
s/
Michael Jordan

text: Michael Jordan

text: Ariel Way, Inc.

text: Elliot Krasnow

text: Michael Jordan


text:
EX-99.1
2
a51482356ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
Trans
World Corporation Announces the Acquisition of Hotel, Conference and
Recreation Center in Much, Germany
NEW YORK--(BUSINESS WIRE)--December 21, 2016--Trans World Corporation
("TWC" or the "Company") (OTCQB: TWOC), a premier owner and operator of
casinos and hotels in Europe, today announced that, on December 21,
2016, it acquired, through its subsidiary Trans World Hotels Germany
GmbH ("TWHG"), the Lindner Sport & Aktivhotel Kranichhöhe ("Lindner
Hotel"), a business and recreational hotel property located in Much,
Germany, which is approximately 19 miles northeast of Bonn.
The hotel had been operating successfully under the banner of Lindner
Hotels & Resorts for approximately ten years. TWC will operate the hotel
under its Trans World Hotels ("TWH") brand and has planned renovations
to upgrade the property to four-stars from its current three-star
rating. TWC intends to rename the property "Hotel Kranichhöhe" and
continue to employ all employees of the former Lindner Hotel.
Mr. Rami Ramadan, Chief Executive Officer of TWC stated, "This is a very
important addition to our TWH brand and portfolio. The business
segmentation generated by this attractive hotel is an excellent fit with
our existing properties in Germany. We anticipate that this acquisition
will create enterprise synergies that should enable us to generate
incremental revenue and earnings to TWC's already very successful
operation".
TWC currently owns two four-star hotels in Germany: Hotel Freizeit
Auefeld in Hann. Münden, approximately three hours away by car from the
Lindner Hotel, and Hotel Columbus in Seligenstadt, near Frankfurt,
approximately two hours away.
Lindner Sport & Aktivhotel Kranichhöhe - Property Highlights
The assets acquired include:
the 107-room hotel building and contents;
three food and beverage outlets;
18 meeting rooms;
a wellness center and spa;
a fitness center with an indoor swimming pool;
an adjoining tennis complex, with three indoor and two outdoor courts;
and
an outdoor beach volleyball court.
Summary of the Transaction
The total project costs will be approximately $7.3 million, including
$1.6 million to update and partially renovate the hotel, plus closing
costs and a 6.5% real estate transfer tax, applicable in the German
State of Nordrhein Westfalen, on the estimated value of the acquired
buildings and land. TWC will fund 42% of the project costs, or
approximately $3.1 million, with cash flow from operations, and the
balance of $4.2 million coming in the form of debt from Kreissparkasse
Koln, a local German bank, with an annual interest rate of 1.95%, fixed
for 10 years, and amortized over approximately 13 years. In Year 11, TWC
will have the option to retire the remaining principal or to refinance
the balance at prevailing commercial interest rates.
The economic effect of the acquisition will be recorded on the Company's
books retroactive to December 1, 2016, with no effect on the purchase
price.
About Trans World Corporation
Trans World Corporation, founded in 1993, is a publicly traded, Nevada
corporation, headquartered in the U.S., with all of its gaming and hotel
operations in Europe. Additional information about TWC can be found on
the Company's website at
www.transwc.com
.
The press release herein may contain certain forward-looking
statements and data regarding operating trends and future results of
operations. For this purpose, any statements and data contained herein
that are not historical fact may be deemed to be forward-looking data.
Without limiting the foregoing, words such as "may", "will", "expect,"
"believe", "anticipates", "estimates", or "continue" or comparable
terminology or the negative thereof are intended to identify certain
forward-looking statements.
These statements, by their nature,
involve substantial risks and uncertainties, both known and unknown, and
actual results may differ materially from any future results expressed
or implied by such forward-looking statements. Such risks include but
are not limited to, our dependence on our current management, the
regulatory environment in which our operations reside, uncertainties
over the development and success of our current and future gaming and
hotel operations, general global macroeconomic and local economic
conditions, extreme weather, and changes in tax or gaming laws or
regulations. Additional information concerning potential factors that
could affect the Company's financial results, including other risks and
uncertainties, is disclosed in our periodic reports filed with the U.S.
Securities and Exchange Commission, including our Form 10-K for the year
ended December 31, 2015. The Company undertakes no obligation (and
expressly disclaims any such obligation) to publicly update or revise
any forward-looking statements or data whether as a result of new
information, future events or otherwise.
CONTACT:
Trans World Corporation
Jill Yarussi, 212-983-3355
Manager
of Communications
JYarussi@transwc.com
www.transwc.com

text:
Trans
World Corporation

text: Trans World Corporation

text:
Trans World Hotels Germany
GmbH

text: Lindner Sport & Aktivhotel Kranichhöhe

text: Rami Ramadan

text: Lindner Sport & Aktivhotel Kranichhöhe

text: Trans World Corporation

text: Trans World Corporation

text: Trans World Corporation


text:
EX-99.1
3
a12-18490_1ex99d1.htm
EX-99.1
Exhibit 99.1
Royal Gold Announces Completion of Additional
Gold Stream Interest at Mt. Milligan
DENVER, COLORADO
.
AUGUST 13, 2012: ROYAL GOLD, INC. (NASDAQ:RGLD; TSX:RGL)
today announced the closing of the acquisition, through its wholly-owned subsidiary RGLD Gold AG, of an additional 12.25% of the payable gold produced from the Mt. Milligan copper-gold project, located in British Columbia, from a subsidiary of Thompson Creek Metals Company, Inc. ("Thompson Creek") (NYSE:TC; TSX:TCM). Consideration for the new transaction was $200 million and cash payments equal to the lesser of $435 or the prevailing market price for each payable ounce of gold delivered to Royal Gold (the "Delivery Payments").
Combined with the prior transactions completed in July 2010 and December 2011, Royal Gold is now entitled to 52.25% of the payable gold produced from Mt. Milligan for total consideration of $781.5 million and the Delivery Payments. Once the $75.0 million is paid in connection with today's closing, Royal Gold will have paid approximately $529.6 million to Thompson Creek. The remaining $251.9 million will be paid in five scheduled quarterly payments commencing on September 1, 2012 and ending on September 1, 2013.
The Mt. Milligan project is in an advanced stage of construction, and Thompson Creek estimates that commercial production will commence in late calendar 2013. Thompson Creek also reported that as of June 30, 2012, progress is 99% complete for project engineering, 94% complete for procurement, 51% complete for construction, and overall progress is at 69%.
Royal Gold is a precious metals royalty company engaged in the acquisition and management of precious metal royalty and similar production based interests. The Company owns interests on 193 properties on six continents, including interests on 39 producing mines and 26 development stage projects. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol "RGLD" and on the Toronto Stock Exchange under the symbol "RGL." The Company's website is located at
www.royalgold.com
.
For further information, please contact:
Karen Gross
Vice President and Corporate Secretary
(303) 575-6504
Cautionary "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: With the exception of historical matters, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from projections or estimates contained herein. Such forward-looking statements include the operator's estimated date for initial production. Factors that could cause actual results to differ materially from projections include, among others, precious metals prices, the risks inherent in construction, development and ramp up of operations of a new mine at Mt. Milligan by an operator who has not previously operated gold mines, decisions and activities of the operator of the various properties, unanticipated grade, geological, metallurgical, processing or other problems the operator may encounter, changes in project parameters as plans continue to be refined, economic and market conditions, operations in land subject to First Nations jurisdiction in Canada, as well as other factors described elsewhere in this press release and in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. In addition, acquired royalty interests on certain projects are subject to risks associated with conducting business in a foreign country, including application of foreign laws to contract and other disputes, foreign environmental laws and enforcement and uncertain political and economic environments. Most of these factors are beyond the Company's ability to predict or control. The Company disclaims any obligation to update any forward-looking statement made herein. Readers are cautioned not to put undue reliance on forward-looking statements.
2

text: Royal Gold

text: ROYAL GOLD, INC.

text: RGLD Gold AG

text: Thompson Creek Metals Company, Inc.

text: Royal Gold

text: Royal Gold

text: Royal Gold

text: Royal Gold

text: Royal Gold

text: Karen Gross


text:
EX-99.1
3
d66946dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
Resource REIT, Inc. Completes Merger of Three REITs
Transactions create a $3 Billion self-managed apartment REIT
Philadelphia, PA (January 29, 2021)
- Resource REIT, Inc. ("Resource"), formerly known as Resource Real Estate Opportunity REIT II,
Inc., announced today that it has completed its mergers with Resource Real Estate Opportunity REIT, Inc. ("Resource REIT I") and with Resource Apartment REIT III, Inc. ("Resource REIT III").
"We are extremely excited about the completion of the mergers and the strategic positioning of the combined company for the future", said Alan
Feldman, chairman and CEO of Resource. "This has been a long, difficult and unrelenting past year for the country and for those around the world. At Resource, our team has been laser focused on operating our assets expertly throughout the
pandemic and simultaneously working towards the successful completion of the mergers. The combined $3 billion company with 51 apartment communities, located in some of the strongest suburban markets in the country, is well-positioned to take
advantage of multifamily investment opportunities in the coming years".
About Resource REIT, Inc.
Resource REIT is a self-managed real estate investment trust that owns a diverse portfolio of suburban apartment communities in targeted markets across the
United States. Focused on long-term returns to generate income, the REIT owns approximately $3 billion of multifamily properties across 15 states as of December 31, 2020.
Forward-looking Statements
This press release contains
statements that constitute "forward-looking statements", as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements; no assurance can be given that these expectations will be attained. Factors that could cause actual results to differ materially from these expectations include, but are not limited
to, the potential adverse impact of the ongoing pandemic related to
COVID-19
and the related measures put in place to help control the spread of the virus on the operations of the REIT and its tenants, which
impact remains highly uncertain; availability of suitable investment opportunities; changes in interest rates; the availability and terms of financing; general economic conditions; market conditions; legislative and regulatory changes that could
adversely affect the business; and other factors, including those set forth in the Risk Factors section of the REIT's most recent Annual Report on Form
10-K
for the year ended December 31, 2019, as
updated by the subsequent Quarterly Reports on Form
10-Q
for the periods ended September 30, 2020 and filed with the SEC, and other reports filed by the REIT with the SEC, copies of which are available on
the SEC's website,
www.sec.gov
.
Resource undertakes no obligation to update these statements for revisions or changes after the date of this communication, except as required by law.
Contacts
Marianne McGuire
Chief Marketing Officer
T:
267-256-5964
E:
mmcguire@resourcereit.com

text: Resource REIT, Inc.

text: Resource REIT, Inc.

text: Resource Apartment REIT III, Inc.

text:
Alan
Feldman

text: Resource REIT, Inc.


text:
EX-99.1
3
exhibit99-1.htm
EXHIBIT 99.1
Unassociated Document
Exhibit 99.1
For
Immediate Release
Contacts:
For
CenturyTel
Analysts
& Investors
Tony
Davis
318-388-9525
tony.davis@centurytel.com
For
EMBARQ
Analysts
& Investors
Kevin
Olin
866-591-1964
investorrelations@embarq.com
Media
Annmarie
Sartor
318-388-9671
annmarie.sartor@centurytel.com
Media
Debra
Peterson
913-323-4881
Debra.D.Peterson@embarq.com
FCC
APPROVES CENTURYTEL AND EMBARQ MERGER
Transaction
Has Now Received All Necessary Approvals
MONROE,
La. and OVERLAND PARK, Kan., June 25, 2009 -- CenturyTel, Inc. (NYSE: CTL) and
Embarq Corporation (NYSE: EQ) today announced that CenturyTel's pending
acquisition of EMBARQ has received approval from the Federal Communications
Commission (FCC). The merger now has received all necessary
approvals, and the companies expect the merger to be effective on July 1,
2009.
"The
FCC's approval is a significant and exciting milestone toward completing the
merger", said Glen F. Post III, CenturyTel's chairman and chief executive
officer. "It has been a rigorous review process and we are pleased to have the
FCC's approval and recognition that the combination of CenturyTel and EMBARQ
offers many benefits to our customers and the communities we
serve."
"We have
committed to the FCC that we will remain focused on infrastructure development
and broadband deployment after completion of the merger", said Tom Gerke,
EMBARQ's chief executive officer. "Our combined company is committed
to investing in our communities and providing our customers high-quality,
reliable communications and expanded broadband services".
The FCC
memorandum and order approving the merger can be found on the FCC website
at:
http://hraunfoss.fcc.gov/edocs
_
public/attachmatch/FCC-09-54A1.doc.
CenturyTel and EMBARQ have already received all necessary approvals from
the states in which CenturyTel and EMBARQ provide local service, as well as that
of their respective shareholders, who overwhelmingly approved all proposals
related to the merger on Jan. 27, 2009. On Nov. 24, 2008, the companies also
received early termination of the waiting period required under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976.
About
CenturyTel
CenturyTel
(NYSE: CTL) is a leading provider of communications, high-speed Internet and
entertainment services in small-to-mid-size cities through our broadband and
fiber transport networks. Included in the S&P 500 Index, CenturyTel delivers
advanced communications with a personal touch to customers in 25 states. Visit
us at www.centurytel.com.
About
EMBARQ
Embarq
Corporation (NYSE: EQ), headquartered in Overland Park, Kansas, offers a
complete suite of communications services. EMBARQ has operations in 18 states
and is in the Fortune 500(R) list of America's largest corporations. For
consumers, EMBARQ offers an innovative portfolio of services that includes
reliable local and long distance home phone service, high-speed Internet,
wireless, and satellite TV from DISH Network(R) -- all on one monthly bill. For
businesses, EMBARQ has a comprehensive range of flexible and integrated services
designed to help businesses of all sizes be more productive and communicate with
their customers. This service portfolio includes local voice and data services,
long distance, Business Class High Speed Internet, wireless, satellite TV from
DIRECTV(R), enhanced data network services, voice and data communication
equipment and managed network services. For more information, visit
embarq.com.
Forward
Looking Statements
Except
for the historical and factual information contained herein, the matters set
forth in this press release, including statements as to the expected benefits of
the acquisition such as efficiencies, cost savings, enhanced revenues, growth
potential, market profile and financial strength, and the competitive ability
and position of the combined company, and other statements identified by words
such as "estimates", "expects", "projects", "plans", and similar expressions are
forward-looking statements within the meaning of the " safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995. These forward-looking
statements are subject to risks and uncertainties that may cause actual results
to differ materially, including the possibility that the anticipated benefits
from the acquisition cannot be fully realized or may take longer to realize than
expected, the possibility that costs or difficulties related to the integration
of EMBARQ operations into CenturyTel will be greater than expected, the ability
of the combined company to retain and hire key personnel, the impact of
regulatory, competitive and technological changes and other risk factors
relating to our industry as detailed from time to time in each of CenturyTel's
and EMBARQ's reports filed with the Securities and Exchange Commission. There
can be no assurance regarding the timing
or
consummation of the merger. You should not place undue reliance on these
forward-looking statements, which speak only as of the date hereof. Unless
legally required, CenturyTel and EMBARQ undertake no obligation to update
publicly any forward-looking statements, whether as a result of new information,
future events or otherwise.

text: EMBARQ

text: EMBARQ

text: CenturyTel, Inc.

text: Embarq

text: EMBARQ

text: EMBARQ

text: EMBARQ

text: EMBARQ

text: EMBARQ

text: EMBARQ

text: Embarq

text: EMBARQ

text: EMBARQ

text: EMBARQ

text: EMBARQ

text: EMBARQ

text: EMBARQ


text:
EX-99.1
3
a08-16136_1ex99d1.htm
EX-99.1
Exhibit 99.1
Press Release
Source: DG FastChannel, Inc.
DG FastChannel(R) Completes Acquisition of Vyvx
Advertising Service Operations
Thursday
June 5, 1:55 pm ET
Transaction Significantly Expands DG FastChannel's National
Client Base and Revenue Mix
DG FastChannel to Realize Substantial Operational Synergies
DALLAS-(BUSINESS
WIRE)-
DG FastChannel, Inc.
(NASDAQ:
DGIT
), a leading provider of digital media services to the
advertising and broadcast industries, announced today that it completed its
acquisition of the Vyvx advertising services business from Level 3
Communications, Inc. (Nasdaq:
LVLT
) for $129 million in cash, subject to certain adjustments.
Vyvx
advertising services business includes distribution, post production and
customer service operations.
DG FastChannel
has assumed approximately 110 full time Vyvx employees and regional operating
offices in New York, Chicago, Delaware, Memphis, and Los Angeles. In addition,
DG FastChannel
has gained a stand-alone
network operations center ("NOC") in Tulsa, which will provide a fully
redundant backup facility to the Company's two other NOC's in Dallas and
Atlanta.
About DG FastChannel, Inc.
DG FastChannel
provides innovative, technology-based solutions to help advertisers and
agencies work faster, smarter and more competitively.
DG FastChannel
delivers the standard in
digital media services to the advertising, broadcast and publishing industries.
The Company utilizes satellite and Internet transmission technologies and has
deployed a suite of digital media intelligence and asset management tools
designed specifically for the advertising industry, including creative and
production resources, broadcast verification, and digital asset management. The
Company has an online media distribution network used by more than 5,000
advertisers and agencies, and over 21,000 online radio, television, cable,
network and print publishing destinations.
DG
FastChannel
recently agreed to acquire Enliven Marketing
Technologies Corporation and expects the transaction to close in the third
quarter of 2008. For more information visit www.dgfastchannel.com.
Safe Harbor for Forward-Looking Statements
Statements
in this Press Release may contain certain forward-looking statements relating
to
DG FastChannel
and its
expectations for the Vyvx advertising distribution operations. All statements
included in this Press Release concerning activities, events or developments
that
DG FastChannel
expects,
believes or anticipates will or may occur in the future are forward-looking
statements. Actual results could differ materially from the results discussed
in the forward-looking statements. Forward-looking statements are based on
current expectations and projections about future events and involve known and
unknown risks, uncertainties and other factors that may cause actual results
and performance to be materially different from any future results or
performance expressed or implied by forward-looking statements, including the
following: the risk that the operations will not be integrated successfully;
and the risk that the expected cost savings and other synergies from the
proposed transaction may not be fully realized, realized at all or take longer
to realize than anticipated. Additional information on these and other risks,
uncertainties and factors is included in
DG
FastChannel's
Annual Report on Form 10-K, Quarterly Reports on Form 10-Q,
Current Reports on Form 8-K and other documents filed with the SEC.
Contact:
DG
FastChannel, Inc.
Omar Choucair, 972-581-2000
Chief Financial Officer
or
Jaffoni & Collins Incorporated
Joseph Jaffoni, 212-835-8500
dgit@jcir.com

text: DG FastChannel, Inc.

text: DG FastChannel

text:
Vyvx
Advertising Service Operations

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel, Inc.

text: Vyvx

text:
Level 3
Communications, Inc.

text: DG FastChannel

text: Vyvx

text: DG FastChannel

text: DG FastChannel, Inc.

text: DG FastChannel

text: DG FastChannel

text:
DG
FastChannel

text: DG FastChannel

text: DG FastChannel

text:
DG
FastChannel

text:
DG
FastChannel, Inc.


text:
EX-99.1
2
exhibit9918knewark.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
BRT REALTY TRUST
Sells Equity Interest in Newark Joint Venture for $15 Million Gain
Great Neck, New York - February 24, 2016 - BRT REALTY TRUST (NYSE:BRT) announced that on February 23, 2016, it sold its equity interest in the Newark Joint Venture for $16.9 million. BRT anticipates recognizing a gain of approximately $15 million, or $1.05 per diluted share, in the quarter ending March 31, 2016 in connection with this sale. This gain will be recognized for financial statement and tax purposes.
In addition, there are ongoing discussions with an institutional lender with respect to the possible repayment, by April 2016, of approximately $5.9 million of the $19.5 million in principal amount of mortgage debt owed to BRT by the Newark Joint Venture. This debt, which is secured by properties owned by the venture, matures in June 2017 and bears an annual interest rate of 11%, of which 6% is paid on a monthly basis and 5% accrues and is to be paid in June 2016 and at maturity. BRT has agreed to release certain of the properties secured by the mortgage debt upon receipt of the $5.9 million and the satisfaction of specified conditions.
Jeffrey A. Gould, President and Chief Executive Officer of BRT stated: "This sale simplifies our corporate structure and allows us to focus on our core interest of owning multi-family properties".
Additional information regarding this transaction is set forth in BRT's Current Report on Form 8-K to be filed with the Securities and Exchange Commission on February 24, 2016.
Forward Looking Statements:
Certain information contained herein is forward looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. BRT intends such forward looking statements to be covered by the safe harbor provisions for forward looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, are generally identifiable by use of the words "may", "will", "believe", "expect", "intend", "anticipate", "estimate", "project", or similar expressions or variations thereof. Forward looking statements, including statements with respect to BRT's loan origination and property ownership and operating activities, involve known and unknown risks, uncertainties and other factors, which, in some cases, are beyond BRT's control and could materially affect actual results, performance or achievements. Investors are cautioned not to place undue reliance on any forward-looking statements and to carefully review the section entitled "Item 1A. - Risk Factors" in BRT's Annual Report on Form 10-K for the year ended September 30, 2015 and in the Quarterly Reports on Form 10-Q filed thereafter.
About BRT Realty Trust:
BRT is a real estate investment trust that owns, operates and develops multi-family properties. Additional financial and descriptive information on BRT, its operations and its portfolio, is available at BRT's website at: www.BRTRealty.com. Interested parties are encouraged to review the Form 10-K for the year ended September 30, 2015 and the Current Report on Form 8-K dated as of the date of this release filed with the Securities and Exchange Commission for additional information.
Contact: Investor Relations
BRT REALTY TRUST
60 Cutter Mill Road
Suite 303
Great Neck, New York 11021
Telephone (516) 466-3100
Telecopier (516) 466-3132
www.BRTRealty.com

text: BRT REALTY TRUST

text: BRT REALTY TRUST

text: Jeffrey A. Gould

text: BRT Realty Trust

text: BRT REALTY TRUST