text:
EX-99.1
11
v199614_ex99-1.htm
Unassociated Document
EXHIBIT 99.1
EasyLink Services International
Corporation
Acquires Xpedite
Systems, LLC from Premiere Global Services, Inc.
Creates
a Global Leader in Advanced Messaging, Expands International Presence and
Creates Opportunity for Significant Operating Synergy
NORCROSS, GA, October
21, 2010 - (BUSINESS WIRE)
- EasyL
ink Services
International Corporation ("EasyLink" or "Company") (NasdaqCM: ESIC)
(http://www.easylink.com), a global provider of comprehensive messaging services
and e-commerce solutions
,
today announced the
acquisition of the
PGiSend and PGiNotify advanced messaging businesses
from Premiere Global Services, Inc. (NYSE: PGI), through the purchase of its
wholly-owned subsidiary, Xpedite Systems, LLC and its subsidiaries
("Xpedite") for $105 million in cash. Xpedite is a global leader in
providing advanced messaging services that include a full suite of fax and
notification services.
As a
result of the transaction, EasyLink now has 30,000 customers on five continents
in over a dozen industries and has become the clear leader in a key segment of
the enterprise messaging category, enterprise fax. Many of world's
most powerful, respected, and well run companies, including the majority of the
Fortune 500, are using EasyLink to support one or more of their key business
processes through its portfolio of network or "cloud" based service
offerings.
"The
acquisition of Xpedite is directly aligned with our core strategy of acquiring
complementary businesses within our existing markets." said Tom Stallings, CEO
of EasyLink. "Xpedite will add a strong portfolio of advanced
messaging services and a global set of customers to EasyLink which will allow us
to continue to build upon our current success in the enterprise market. This
acquisition brings together two of the most knowledgeable, experienced and
customer-trusted teams in the enterprise messaging business into a single,
global entity".
EasyLink
recapitalized its existing debt and paid for the transaction with $5 million of
cash on hand and a new credit facility consisting of a $110 million term loan
and a $20 million revolver. EasyLink's current lead lender, SunTrust
Bank, continues to lead the facility and has been joined by all of the current
lending group plus two new participants.
Investor Conference
Call
The Company plans to hold a conference
call on Friday, October 22, 2010, at 8:00 a.m. EDT to discuss the acquisition and its fourth quarter and fiscal year 2010 results in
detail.
The Company invites all those interested
in hearing management's discussion to join the call by dialing (800) 967-7134 (U.S. and Canada) or (719) 457-2603 (International), access code 1085142. If you are unable to
participate and would like to hear a replay of the call, an audio reply will be
available on EasyLink's investor relations website at http://ir.easylink.com/events.cfm
.
Forward-Looking and Cautionary
Statements
Except for the historical information
and discussion contained herein, statements contained in this press release may
constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements involve a number of
risks, uncertainties and other factors that could cause actual results to differ
materially from those indicated by such forward-looking
statements. These and other risk factors are set forth under the
caption "Risk Factors" in the Company's Annual Report on Form 10-K, the
Company's quarterly reports on Form 10-Q and the Company's other filings with
the Securities and Exchange Commission. These filings are available
on a website maintained by the Securities and Exchange Commission at
www.sec.gov.
The Company expressly disclaims any
obligation or undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein as a result of new information,
future events or otherwise.
About EasyLink Services International
Corporation
EasyLink
Services International Corporation (EasyLink) (NasdaqCM: ESIC),
headquartered in Norcross, GA, offers a comprehensive portfolio of "any to any"
business messaging and transaction services that can bridge the most challenging
technology gaps while creating significant cost efficiencies across an
organization. From Desktop Fax and Production Messaging to EDI, Managed File
Transfer, Document Capture and Management, Secure Messaging and Telex we help
companies drive costs out of their operations. With over two decades of
servicing customers around the globe, EasyLink has established a proven track
record for providing effective, reliable and secure communications. For more
information on EasyLink, visit http://
www.easylink.com
.
Contact:
EasyLink Services International
Corporation
Glen Shipley
(678) 533-8004
gshipley@easylink.com

text:
Xpedite
Systems, LLC

text: Premiere Global Services, Inc.

text: Premiere Global Services, Inc.

text: Xpedite Systems, LLC

text: Tom Stallings


dataset: buster

text:
EX-99.1
2
ntgrexhibits992pressrelease.htm
PRESS RELEASE
Exhibit
NETGEAR Completes Spin-Off of Arlo
San Jose, California - December 31, 2018 - NETGEAR, Inc. (NASDAQ: NTGR) today announced that it has completed its previously announced distribution of 62,500,000 shares of common stock of Arlo Technologies, Inc. (NYSE: ARLO) owned by NETGEAR, representing approximately 84.2% of the outstanding shares of Arlo common stock. After the completion of the distribution, NETGEAR no longer owns any shares of Arlo common stock.
The distribution was made today to NETGEAR stockholders of record as of the close of business on the record date for the distribution, December 17, 2018. The distribution took place in the form of a pro rata common stock dividend to each NETGEAR stockholder of record on the record date. Based on the shares of NETGEAR common stock outstanding as of the record date, NETGEAR stockholders received 1.980295 shares of Arlo common stock for every share of NETGEAR common stock held as of the record date.
No fractional shares of Arlo common stock were distributed. Instead, NETGEAR stockholders will receive cash in lieu of any fraction of a share of Arlo common stock that they otherwise would have received.
On December 18, 2018, NETGEAR mailed an information statement to its stockholders on the record date, which included details on the distribution. The information statement is posted under the Investor Relations tab on NETGEAR's website at investor.netgear.com and on Arlo's website at investor.arlo.com.
Deutsche Bank Securities acted as financial advisor to NETGEAR in connection with the distribution. Wachtell, Lipton, Rosen & Katz acted as legal advisor to NETGEAR in connection with the distribution.
About NETGEAR, Inc.
NETGEAR (NASDAQ: NTGR) is a global networking company that delivers innovative products to consumers, businesses and service providers. NETGEAR's products are built on a variety of proven technologies such as wireless (WiFi and LTE), Ethernet and powerline, with a focus on reliability and ease-of-use. The product line consists of wired and wireless devices that enable networking, broadband access and network connectivity. These products are available in multiple configurations to address the needs of the end-users in each geographic region in which NETGEAR's products are sold. NETGEAR products are sold in approximately 26,000 retail locations around the globe, and through approximately 23,000 value-added resellers, as well as multiple major cable, mobile and wireline service providers around the world. NETGEAR's headquarters are in San Jose, Calif., with additional offices in approximately 25 countries.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The words "anticipate", "expect", "believe", "will", "may", "should", "estimate", "project", "outlook", "forecast" or other similar words are used to identify such forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. The forward-looking statements represent NETGEAR, Inc.'s expectations or beliefs concerning future events based on information available at the time such statements were made. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, among others, market conditions and unforeseen regulatory issues. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Further information on potential risk factors that could affect NETGEAR and its business are detailed in NETGEAR's filings with the Securities and Exchange Commission. Given these circumstances, you should not place undue reliance on these forward-looking statements. NETGEAR undertakes no obligation to release publicly any revisions to any
forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.
Investors:
NETGEAR Investor Relations
Christopher Genualdi
investors@netgear.com
Source: NETGEAR-F

label: organization

text: Deutsche Bank Securities

text: Wachtell, Lipton, Rosen & Katz

source_dataset: expertai/BUSTER

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


text:
EX-99.1
2
f8k110618_ex99z1.htm
EXHIBIT 99.1 PRESS RELEASE
Exhibit 99.1 Press Release
Hammer Fiber Optics Holding Corp Closes the Acquisition of
1stPoint Communications, LLC, Open Data Centers, LLC
and Shelcomm
Piscataway, N.J. November 6, 2018
- Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (OTCQB: HMMR) announced today that effective November 1, 2018 it has closed on the acquisitions of 1stPoint Communications, LLC, Open Data Centers, LLC and Shelcomm, Inc. the acquisition of Endstream Communications is pending regulatory approval. The terms of the acquisitions were released via an 8K on September 12, 2018 and amended on November 6, 2018. The structure of the acquisitions is both accretive and non-dilutive to common shareholders.
"Upon closing the acquisitions Hammer now has all of the components in place to begin to execute on its "Everything Wireless" strategy", said Erik Levitt, Hammer's Chief Executive Officer. The newly acquired assets include strong intellectual property in over-the-top technology such as hosted carrier switching for both voice and SMS, CLEC licenses in Florida and New York, and a nationwide Commercial Mobile Radio Services License. Through its subsidiaries Hammer will complement its carrier offerings with a variety of hosting services including cloud computing, virtual servers, virtual desktop and collaboration tools that fully integrate voice, video, messaging and file sharing. Open Data Centers offers colocation from its Piscataway, NJ facility as well as its edge data center in Homewood, Alabama.
Hammer's "Everything Wireless" strategy will include four key services: high speed fixed wireless using the proprietary
Hammer Wireless® AIR technology
, Mobility, OTT and Smart City. "Our intention is to provide these services both directly to consumers as well as through unique programs such as the Mobile Network Service Provider (MNSP) program, announced jointly earlier in 2018", said Kristen Vasicek, 1stPoint's Director of Marketing.
"Wireless communications, mobility and cloud services represent the future of our industry", said Levitt. "Whether it's in the United States, developed or developing economies, Hammer's breadth of services now has a place in markets worldwide".
About Hammer
Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer's "Everything Wireless" go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, over-the-top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation.
For more information contact Frank Pena at
fpena@hammerfiber.com
.
Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995

text: Hammer Fiber Optics Holding Corp

text: 1stPoint Communications, LLC

text: Open Data Centers, LLC

text: Shelcomm

text: Hammer Fiber Optic Holdings Corp

text: 1stPoint Communications, LLC

text: Open Data Centers, LLC

text: Shelcomm, Inc.

text: Hammer Fiber Optic Holdings Corp


text:
EX-99.01
7
v390651_ex99-01.htm
EXHIBIT 99.01
Exhibit 99.01
WPCS Closes
on Sale of Seattle Operations
Sale
provides nearly $1.5 million in working capital
SUISUN,
CA - (Marketwired - October 3
,
2014)
- WPCS International Incorporated (NASDAQ: WPCS), which specializes
in contracting services for communications infrastructure and the development of a digital currency trading platform, today announced
that on September 30, 2014, the Company completed the sale of substantially all of the assets of WPCS International - Seattle,
Inc. (the "Seattle Operations"), to EC Company ("EC"), an Oregon-based electrical contracting company.
Sebastian Giordano,
Interim CEO of WPCS, commented, "After having successfully disposed of our two unprofitable operations in Australia and
Trenton, the sale of our Seattle Operations provides vital cash for the Company as we continue our restructuring efforts".
The
Company sold substantially all of the assets of the Seattle Operations to EC for an all-cash purchase price of approximately $2,120,000.
The final purchase price is subject to adjustment based on the net tangible asset value ("NTAV") of the Seattle Operations
as of September 30, 2014. Prior to closing, the parties agreed that the closing NTAV of the Seattle Operations was approximately
$1,870,000. The Company received approximately $1,460,000 in cash, while approximately $410,000 was held in escrow for the payment
of certain payroll liabilities. In addition, 90 days from the closing date, the Company could receive the remaining $250,000,
which is also currently being held in escrow, dependent upon the final NATV calculation.
Mr. Giordano
continued, "Transactionally, we are now focused on selling our China joint venture interest, which would bring additional
working capital into the Company, as we continue to manage our profitable Suisun operations, develop our digital currency business
and work towards successfully completing our restructuring".
About
WPCS International Incorporated
WPCS
operates in two business segments including: (1) providing communications infrastructure contracting services to the public services,
healthcare, energy and corporate enterprise markets worldwide; and (2) developing a digital currency trading platform. For more
information, please visit
www.wpcs.com
,
www.btxtrader.com
and
www.gocelery.com
.
Statements
about the Company's future expectations, including future revenue and earnings and all other statements in this press release,
other than historical facts, are "forward looking" statements and are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and
are subject to change at any time. The Company's actual results could differ materially from expected results. In reflecting
subsequent events or circumstances, the Company undertakes no obligation to update forward-looking statements.
INVESTOR CONTACT
:
Capital Markets Group, LLC
Valter Pinto
PH: (914) 669-0222 or (212) 398-3486
valter@capmarketsgroup.com

text: WPCS

text: WPCS International Incorporated

text: WPCS

text: EC Company

text: EC

label: person

text: Sebastian Giordano

text: WPCS

text: EC

text: WPCS International Incorporated

text: WPCS


text:
EX-99.1
4
exhibit991pressrelease.htm
EXHIBIT 99.1
Document
Exhibit 99.1
F&M Bank of Tomah Joins Forces
with CCFBank™
EAU CLAIRE, WIS. (7/1/19) - F & M Bank, Tomah customers will soon see a new brand in their local markets. Citizens Community Federal™ (CCFBank™) and F&M Bank have completed their merger combining the two financial institutions.
The merger was announced in January. F&M Bank merged into Citizens in a transaction valued at approximately $24.0 million. F&M Bank brings $195 million in assets, $152 million in deposits and $126 million in loans to the Citizens franchise, as of March 31, 2019. The combined company, headquartered in Altoona, WI, has over $1.5 billion in total assets and 28 locations in northwest Wisconsin and southern Minnesota.
CCFBank CEO and President Steve Bianchi sees the joining of the two companies as a great opportunity for their combined customers to benefit. "We look forward to welcoming F&M Bank customers, employees and communities to the CCFBank family", Bianchi said. "We are excited about combining these two independent community banking franchises to deliver enhanced products and services that customers desire. The enhanced product line, along with the resources of our staff will align with our goal of "Making More Possible" for our customers, communities and stakeholders".
F&M Bank President and CEO Peter Reichardt added, "Our team looks forward to growing with the CCFBank team. The opportunities and challenges in community banking today make the combination of these two banks better positioned to meet the needs of our communities. We share a common set of values and a vision that will provide significant benefits to our customers and shareholders. The united leadership teams have charted out a streamlined plan that will benefit all parties involved including a larger branch presence and expanded products and services".
F&M Bank customers will continue to use the current F&M Bank products and services until the conversion of the banking systems in mid-July 2019. All F&M Bank customers have received official communication from CCFBank that provided important account information and timelines in which changes will occur.
Members of the Tomah and surrounding communities served by F&M Bank are encouraged to visit their local branches with any questions they have about the merger. They may also call CCFBank at 800.590.9920 or 715.836.9999 from 8 a.m. to 5 p.m. on weekdays. Questions may also be emailed on the CCFBank website.
Find out more about CCFBank™: http://ccf.us
Media Contact
Steve Bianchi
CEO/President
Citizens Community Bancorp, Inc.
715.836.9994

text: F&M Bank

text: Citizens Community

text: F&M Bank

text: F&M Bank

text: Citizens

text: F&M Bank

text: Citizens

text: Steve Bianchi

text: F&M Bank

text: F&M Bank

text: F&M Bank

text: F&M Bank

text: F&M Bank

text: F&M Bank

text: Steve Bianchi

text: Citizens Community


text:
EX-99
2
exhibit99_bickford.htm
EXHIBIT 99: PRESS RELEASE DATED JULY 1, 2013
exhibit99_bickford
Exhibit 99
Contact: Roger R. Hopkins, Chief Accounting Officer
Phone: (615) 890-9100
NHI Announces $135 Million Acquisition
of 17 Assisted Living Communities
Increases 2013 Normalized FFO Guidance
MURFREESBORO, Tenn. - (July 1, 2013) National Health Investors, Inc. (NYSE:NHI) announced today that its RIDEA joint-venture with Bickford Senior Living ("Bickford") has acquired 17 assisted living and memory care communities for a total purchase price of $135 million. NHI owns 85% of the joint-venture and Bickford owns 15%. The acquisition brings the total number of properties in the joint-venture to 30, of which 3 are under construction. Wells Fargo Securities, LLC served as financial advisor to NHI on this transaction.
The 17 assisted living and memory care communities are comprised of 14 communities purchased from a subsidiary of Care Investment Trust, Inc. (OTCQX:CVTR) for approximately $123 million, and 3 communities purchased from affiliates of Bickford for approximately $12 million.
Justin Hutchens, NHI's CEO and President stated, "This acquisition is evidence of the positive benefits of our joint-venture with Bickford which offers both organic and external growth potential. This relationship combines Bickford's twenty-plus years of experience in compassionately caring for seniors with the financial strength of NHI".
"NHI has been the perfect partner for us since 2009", said Bickford president Michael Eby. "Since we both share the same resident-focused philosophy, our growth plans are truly aligned. We are very excited about our future with Justin and his team as our partner".
Key Transaction Highlights
.
17 facilities totaling 750 units with 90.6% average occupancy and an average age of 12 years
.
Locations: Illinois, Indiana, Iowa and Nebraska
.
17 facilities have trailing twelve months net operating income of approximately $11.5 million after a 5% management fee to the operator and $500 per unit of capital expenditures
.
Acquisition financed by: (1) borrowings of approximately $56.2 million on NHI's revolving credit facility with interest rates of LIBOR plus 140bps; and (2) assumption of approximately $78.8 million of Fannie Mae secured debt maturing on July 1, 2015 (repayable without penalty December 31, 2014) with interest rates between 6.845% and 7.17%
Increase in 2013 Normalized FFO Guidance
The Company currently forecasts Normalized FFO for 2013 from $3.48 to $3.54 per diluted common share. The Company's guidance range for the full year 2013 for Normalized FFO per share, with underlying assumptions and timing of certain transactions, is set forth and reconciled below. The Company expects to report its results for the second quarter during the week of August 5, 2013.
Full-Year 2013
Range
Low
High
Net income per diluted share attributable to common stockholders
$
2.74
$
2.77
Plus: Real estate depreciation
0.60
0.63
Plus: Loan impairment
0.14
0.14
Normalized FFO per diluted common share
$
3.48
$
3.54
The Company's guidance range reflects the existence of volatile economic conditions, but does not assume any material deterioration in tenant credit quality and/or performance of its portfolio. The guidance is based on a number of assumptions, many of which are outside the Company's control and all of which are subject to change. The low end of our guidance range assumes a baseline from the first quarter of 2013, the recently announced transactions, the timing for further terming out of debt on our revolving credit facility and assuming 3% growth from our Bickford joint venture. On the top end of that range, we are adding in assumptions for investment activity and a 6% growth from our Bickford joint venture. The Company expects to make new investments in health care real estate during the remainder of 2013 that meet its underwriting criteria and where the spreads over its cost of capital generate sufficient returns to its shareholders. These new investments are expected to be funded by the Company's liquid investments and by short-term and long-term debt financing. The Company's guidance may change if actual results vary from these assumptions.
About National Health Investors
National Health Investors, Inc. (NYSE: NHI) is a healthcare real estate investment trust specializing in financing healthcare real estate by purchase and leaseback transactions, RIDEA transactions and by mortgage loans. NHI's investments include assisted living, senior living campuses, independent living, skilled nursing facilities, medical office buildings, and hospitals. Find additional information about NHI at www.nhireit.com.
About Bickford Senior Living
Bickford Senior Living, founded in 1991, is headquartered in Olathe, Kansas and operates over 45 assisting living, memory care and independent living facilities in Kansas, Iowa, Illinois, Indiana, Missouri, Georgia Nebraska and Michigan and has experience in constructing over 150 of these types of facilities for various owners.
Safe Harbor Statement
Statements in this press release that are not historical facts are forward-looking statements. NHI cautions investors that any forward-looking statements may involve risks and uncertainties and are not guarantees of future performance. All forward-looking statements represent NHI's judgment as of the date of this release. Investors are urged to carefully review and consider the various disclosures made by NHI in its periodic reports filed with the Securities and Exchange Commission, including the risk factors and other information disclosed in NHI's Annual Report on Form 10-K for the most recently ended fiscal year. Copies of these filings are available at no cost on the SEC's web site at http://www.sec.gov or on NHI's web site at http://www.nhireit.com.

text: RIDEA

text: Wells Fargo Securities, LLC

text: RIDEA


text:
EX-99.1
7
ex991pressreleasedatedsept.htm
PRESS RELEASE DATED SEPTEMBER 21, 2016
Exhibit
EXHIBIT 99.1
Remark Media Closes Acquisition of China Branding Group
Acquisition accelerates monetization opportunities and enhances content across all assets
LAS VEGAS, NV - September 21, 2016 - Remark Media (NASDAQ: MARK), a global digital media technology company, announced it completed the acquisition of the main operating assets of China Branding Group Limited (CBG), China's leading Western-entertainment digital content company. The acquisition includes CBG's main operating subsidiaries, most notably FansTang, which is a top provider of localized Western sports and entertainment digital video content, international live event broadcasts and social media content into China.
Kai-Shing Tao, Remark Media's Chairman and CEO, stated, "The integration of CBG's U.S. content and production assets and its FansTang subsidiary will advance our appeal to the highly-lucrative Millennial demographic in both the U.S. and China, which significantly enhances our profile as a leading global digital media technology company. Specifically, we will leverage FansTang's growing portfolio of innovative celebrity, sports and entertainment content; social media community of more than 130 million followers in China; proven distribution and monetization strategies; and its cross-platform sales capabilities to realize synergies within our existing assets in travel and entertainment, social media and lifestyle to generate traffic and grow revenue. Furthermore, we expect this transaction will be accretive in 2016 as we benefit from synergies and accelerate monetization opportunities throughout the business. We are already hitting the ground running with several planned campaigns expected to roll out before the end of the year".
Adam Roseman, co-founder and CEO of CBG, stated, "I am extremely excited for our unmatched cross-border team to be joining forces with Kai-Shing Tao and his proven team at Remark Media. There is no doubt the acquisition will further jumpstart our growth through significantly enhanced resources and a collective focus on building a global media platform generating revenue from high-growth consumer transactions as well as media and advertising sales. The combination will enable the China operation to quickly scale its brand and other marketer collaboration, as well as dramatically enhance and roll out its analytics business through the combination with KanKan. We just completed our exclusive Emmy Awards broadcast to China, we are soon launching a number of new branded content initiatives, and our current programming continues to grow in both audience and monetization. It couldn't be a better time for this acquisition to be taking place".
For further information regarding the terms and conditions of the acquisition, please see Remark Media's Current Report on Form 8-K to be filed with the Securities and Exchange Commission in connection with the closing of the acquisition.
For more information on FansTang, please visit www.chinabrandinggroup.com.
About Remark Media, Inc.
Remark Media, Inc. (NASDAQ: MARK) owns, operates and acquires innovative digital media properties across multiple verticals that deliver culturally relevant, dynamic content that attracts and engages users on a global scale. The company leverages its unique digital media assets to target the Millennial demographic, which provides it with access to fast-growing, lucrative markets. The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please visit the Company's website at www.remarkmedia.com.
Forward-Looking Statements
This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment and regulation. Words such as "may", "should", "could", "would", "predicts", "potential", "continue", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", and similar expressions, as well as statements in future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, including those discussed in Part I, Item 1A. Risk Factors in Remark Media's Annual Report on Form 10-K and Remark Media's other filings with the SEC. Any forward-looking statements reflect Remark Media's current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. Given such uncertainties, you should not place undue reliance on any forward-looking statements, which represent Remark Media's estimates and assumptions only as of the date hereof. Except as required by law, Remark Media undertakes no obligation to update or revise publicly any forward-looking statements after the date hereof, whether as a result of new information, future events or otherwise.
Investor Contact:
Douglas Osrow
Remark Media, Inc.
dosrow@remarkmedia.com
702-701-9514 ext. 3025
Investor Relations Contact:
Becky Herrick/ Kirsten Chapman
LHA Investor Relations
remarkmedia@lhai.com
415-433-3777
###

text: Remark Media

text: China Branding Group

text: Remark Media

text: China Branding Group Limited

text: CBG

text: CBG

text: Remark Media

text: CBG

text: CBG

text: Remark Media

text: Remark Media

text: Remark Media

text: Remark Media

text: Remark Media

text: Remark Media

text: Remark Media

text: Remark Media

text: Remark Media

text: Remark Media


text:
EX-99.6
7
exhibit996.htm
EXHIBIT 99.6 PRESS RELEASE
exhibit996.htm - Generated by SEC Publisher for SEC Filing
Exhibit 99.6
July 13, 2011 09:00 AM Eastern Daylight Time
Abakan Exercises Initial Option to Acquire a Majority Interest in MesoCoat
Miami, Florida (OTCQB:ABKI) -- Abakan Inc. is pleased to announce that it has exercised its option under a phased investment agreement to purchase a controlling interest in MesoCoat, Inc.
MesoCoat is an Ohio-based company with a patented suite of environmentally-friendly, long-lasting ceramic-metallic (cermets) coatings and a proprietary coating process that counters many of the degradation or corrosion issues crucial to productivity in the oil and gas, aerospace, chemical processing and infrastructure industries.
Under the terms of the three-phased investment agreement, Abakan has exercised its first option to purchase an additional 17% of MesoCoat raising its equity interest to 51% on a fully diluted basis. Abakan also holds a minority equity interest of 41% in MesoCoat's former parent company Powdermet, Inc. On combining its equity interests Abakan now holds a 71.1% direct and indirect stake in MesoCoat. The exercise of the first option now entitles Abakan to make an additional appointment to the five member MesoCoat board of directors, two of which members are currently Abakan nominees.
"Abakan is very excited about expanding MesoCoat's next generation corrosion and wear related market solutions to commercial applications", said Abakan CEO Robert Miller. "As we advance towards the full commercial introduction of these solutions, test results from prospective clients have confirmed the compelling nature of MesoCoat's value propositions with some of the top players in several multi-billion dollar industrial segments worldwide".
"Abakan exercising their investment option allows Mesocoat to complete limited field introduction and scale production capacity, further paving the way for our revolutionary products to be used across the energy, marine, nuclear and defense industries", said MesoCoat and Powdermet CEO Andy Sherman. "We look forward to Abakan's continued business development support as well as additional investment as we move forward together".
About Abakan:
Abakan is a Miami-based, publicly traded company that invests in companies that have developed transformational technologies on the cusp of commercial acceptance. In addition to supporting MesoCoat's development, Abakan is involved in Powdermet's commercialization of its metal formulations and advanced energy management solutions. Both MesoCoat and Powdermet have received numerous industry awards (including R&D 100 awards and National Institute of Standards and Technology, Technology Innovation Program awards) and numerous government grants.
1
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including technological obsolescence, market acceptance of future products, competitive market conditions, and the sufficiency of capital resources. The actual results Abakan may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Abakan encourages the public to read the information provided here in conjunction with its most recent filings on Form 8-K, Form 10-K and Form 10-Q. Abakan's public filings may be viewed at www.sec.gov.
Contact:
Abakan Inc.
www.abakaninc.com
Robert Miller, Chief Executive Officer
Phone: (786) 206-5368
Email: robert.miller@abakaninc.com
MesoCoat, Inc. and Powdermet, Inc.
www.mesocoat.com, www.powdermetinc.com
Andy Sherman, Chief Executive Officer
Phone: (216) 453-0866
E-mail: info@mesocoat.com
2

text: Abakan

text: MesoCoat

text: Abakan Inc.

text: MesoCoat, Inc.

text: MesoCoat

text: Abakan

text: MesoCoat

text: Abakan

text: MesoCoat

text: Abakan

text: MesoCoat

text: Abakan

text: MesoCoat

text: Abakan

text: Abakan

text: MesoCoat

text: Abakan

text: Robert Miller

text: MesoCoat

text: Abakan

text: Mesocoat

text: MesoCoat

text: Andy Sherman

text: Abakan

text: Abakan

text: Abakan

text: MesoCoat

text: Abakan

text: MesoCoat

text: Abakan

text: Abakan

text: Abakan

text: Abakan Inc.

text: Robert Miller

text: MesoCoat, Inc.

text: Andy Sherman


text:
EX-99.1
2
ex-99d1.htm
EX-99.1
ccf_Ex99_1
Exhibit 99.1
A Leading Manufacturer of Protective
Materials for High Reliability Applications
CHASE CORPORATION ACQUIRES
STEWART SUPERABSORBENTS (SSA), LLC - ZAPPA STEWART
Westwood, MA - January 4, 2018 - Chase Corporation (NYSE American: CCF) announced that it has acquired Stewart Superabsorbents (SSA), LLC, an advanced superabsorbent polymer (SAP) formulator and solutions provider, with operations located in Hickory and McLeansville, NC. In the most recently completed calendar year, SSA and its recently acquired Zappa-Tec business (collectively "Zappa Stewart") had combined revenue in excess of $24,000,000. Chase expects this acquisition to be immediately accretive to its earnings. The business was acquired for a purchase price of $71,382,000, net of cash acquired, pending any working capital adjustments and excluding acquisition-related costs. As part of this transaction, Chase acquired all equity of the business and entered into multiyear leases at both locations. The purchase was funded from a combination of a $65,000,000 draw on Chase's existing revolving credit facility and available cash on hand.
Adam P. Chase, President and Chief Executive Officer, commented,
"This is a highly complementary acquisition for Chase Corporation which leverages our existing channels to industrial markets and allows us to deliver more value to our customers. Zappa Stewart's proven protective materials technology is a great fit with our core strategy and extends our reach into growing medical and consumer applications. Their North Carolina operations will broaden our capabilities, and will add two facilities near the three we already have in the region. The new technologies and additional management talent will enhance our cross-functional operating model, creating logical synergies and value-creation opportunities".
Quint Barefoot, Managing Partner of Zappa Stewart, commented,
"Our organization is excited to become part of the dynamic Chase team. Becoming part of the Chase platform creates significant opportunities to deploy proprietary polymer solutions across diverse market segments. This increased scale and geographic reach for our specialty reagents will generate new opportunities for our personnel, new perspectives and sustainable growth. This could not happen at a more exciting time in our markets, as we see heightened demand for our differentiated products used in directional drilling, telecommunications, energy, infrastructure and remediation projects".
The transaction was effective December 31, 2017. Chase Corporation will continue to manufacture and market under the Zappa Stewart brands and locations, with plans to integrate Zappa Stewart into its ERP platform in the coming months to further enhance existing operational, development and engineering expertise. Zappa Stewart is a solutions provider of specialty materials for water and liquid management, remediation and protection in diverse markets including wire and cable, medical, environmental, infrastructure, energy and consumer products.
Contact:
Paula Myers
Shareholder & Investor Relations Department
Phone: 508.819.4219
E-mail: investorrelations@chasecorp.com
Website: www.chasecorp.com
Chase Corporation, founded in 1946, is a leading manufacturer of protective materials for high reliability applications throughout the world.
Certain statements in this press release are forward-looking. These may be identified by the use of forward-looking words or phrases such as "believe"; "expect"; "anticipate"; "should"; "planned"; "estimated" and "potential", among others. These forward-looking statements are based on Chase Corporation's current expectations. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. In order to comply with the terms of the safe harbor, the Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that a variety of factors could cause the Company's actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company's forward-looking statements. The risks and uncertainties which may affect the operations, performance, development and results of the Company's business include, but are not limited to, the following: uncertainties relating to economic conditions; uncertainties relating to customer plans and commitments; the pricing and availability of equipment, materials and inventories; technological developments; performance issues with suppliers and subcontractors; economic growth; delays in testing of new products; the Company's ability to successfully integrate acquired operations; the effectiveness of cost-reduction plans; rapid technology changes and the highly competitive environment in which the Company operates. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.

text: CHASE CORPORATION

text: STEWART SUPERABSORBENTS (SSA), LLC

text: Chase Corporation

text: Stewart Superabsorbents (SSA), LLC

text: Zappa-Tec

text: Chase

text: Chase

text: Chase

text: Chase

text: Chase Corporation

text: Quint Barefoot

text: Chase

text: Chase

text: Chase Corporation

text: Chase Corporation

text: Chase Corporation


text:
EX-99.1
2
a51776578ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
Jack in the Box Inc. Completes Sale of Qdoba Restaurant Corporation
SAN DIEGO--(BUSINESS WIRE)--March 21, 2018--Jack in the Box Inc. (NASDAQ: JACK) (the "Company") today announced that it has completed the sale of Qdoba Restaurant Corporation ("Qdoba") to an affiliate of certain funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") (NYSE: APO) for approximately $305 million in cash. Qdoba operates and franchises more than 700 QDOBA MEXICAN EATS
®
restaurants in the U.S. and Canada.
In connection with the sale, the Company will make a prepayment of $260 million to retire outstanding debt under its term loan, as required by the terms of its credit facility.
Lenny Comma, chairman and chief executive officer of Jack in the Box Inc., said, "We wish the Qdoba brand and its leadership team and franchisees all the best. Completing the sale of Qdoba marks an important milestone in the actions we're taking to enhance shareholder value while creating an asset-light business model that is less capital intensive".
Lance Milken, a senior partner at Apollo, said, "With the close of this acquisition, we are very excited to be working alongside Qdoba's outstanding management team, talented employees, and dedicated franchise partners. We look forward to continuing Qdoba's growth as a leading fast-casual restaurant brand".
At the time the Company acquired Qdoba in 2003, it had 85 locations in 16 states, with $65 million in system-wide sales. Today, Qdoba is the second largest fast-casual Mexican food brand in the U.S., with more than 700 locations in 47 states, the District of Columbia and Canada, and system-wide sales of more than $820 million in fiscal 2017.
Advisors
Morgan Stanley & Co. LLC served as financial advisor and Gibson, Dunn & Crutcher LLP served as legal counsel to the Company in connection with this transaction. Apollo was advised by Morgan, Lewis & Bockius LLP, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Deutsche Bank Securities Inc., and PJ Solomon.
About Jack in the Box Inc.
Jack in the Box Inc. (NASDAQ: JACK), based in San Diego, is a restaurant company that operates and franchises Jack in the Box
®
restaurants, one of the nation's largest hamburger chains, with more than 2,200 restaurants in 21 states and Guam. For more information on Jack in the Box, including franchising opportunities, visit
www.jackinthebox.com
.
About Apollo Global Management, LLC
Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, Houston, Chicago, Bethesda, Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong and Shanghai. Apollo had assets under management (AUM) of approximately $249 billion as of December 31, 2017, in Private Equity, Credit and Real Assets invested across a core group of nine industries where Apollo has considerable knowledge and resources. For more information about Apollo, please visit
www.agm.com
.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the federal securities laws. Such statements are subject to substantial risks and uncertainties. A variety of factors could cause the Company's actual results to differ materially from those expressed in the forward-looking statements, including the following: the success of new products and marketing initiatives; the impact of competition, unemployment, trends in consumer spending patterns and commodity costs; the Company's ability to reduce G&A the Company's ability to execute its refranchising strategy; the Company's ability to achieve and manage its planned growth, which is affected by the availability of a sufficient number of suitable new restaurant sites, the performance of new restaurants, and risks relating to expansion into new markets; litigation risks; food safety incidents or negative publicity impacting the reputations of the Company's brands; and stock market volatility. These and other factors are discussed in the Company's annual report on Form 10-K and its periodic reports on Form 10-Q filed with the Securities and Exchange Commission which are available online at
http://investors.jackinthebox.com
or in hard copy upon request. The Company undertakes no obligation to update or revise any forward-looking statement, whether as the result of new information or otherwise.
CONTACT:
Jack in the Box Inc.
Investor Contact:
Carol DiRaimo, (858) 571-2407
or
Media Contact:
Brian Luscomb, (858) 571-2291

text: Jack in the Box Inc.

text: Qdoba Restaurant Corporation

text: Jack in the Box Inc.

text: Qdoba Restaurant Corporation

text: Qdoba

label: fund

text: Apollo Global Management, LLC

override: fund

text: Qdoba

text: QDOBA

text: Lenny Comma

text: Jack in the Box Inc.

text: Qdoba

text: Qdoba

text: Qdoba

text: Qdoba

text: Qdoba

text: Qdoba

text: Morgan Stanley & Co. LLC

text: Gibson, Dunn & Crutcher LLP

text: Morgan, Lewis & Bockius LLP

override: organization

text: Deutsche Bank Securities Inc.

text: PJ Solomon

text: Jack in the Box Inc.

text: Jack in the Box Inc.

text: Apollo Global Management, LLC

text: Jack in the Box Inc.


text:
EX-99.1
2
a5602863ex991.htm
EXHIBIT 99.1
Exhibit 99.1
Southwest
Water Announces Acquisition of Birmingham, Alabama Wastewater System
LOS ANGELES--(BUSINESS WIRE)--Southwest Water Company (NASDAQ:SWWC)
today announced the acquisition of the Riverview sewer system and
related treatment plant from the Shelby County Governmental Utility
Services Corporation of Alabama for $22.5 million.
"This acquisition represents an excellent opportunity for Southwest
Water", said Mark A. Swatek, chief executive officer and chairman of
Southwest Water. "The system currently services over 12,000 residents
and is located in a high population growth area that serves a major
commercial corridor. Moreover, it is adjacent to our Shelby County
wastewater system which will allow us to realize synergies by combining
the operations of the two systems".
Southwest Water Company provides a broad range of services including
water production, treatment and distribution; wastewater collection and
treatment; utility billing and collection; utility infrastructure
construction management; and public works services. The company owns
regulated public utilities and also serves cities, utility districts and
private companies under contract. More than two million people from
coast to coast depend on Southwest Water for high-quality, reliable
service. Additional information may be found on the company's website:
www.swwc.com.
CONTACT:
Southwest Water Company
DeLise Keim, (213) 929-1846
www.swwc.com
or
PondelWilkinson
Inc.
Robert Jaffe, (310) 279-5969
www.pondel.com

text:
Southwest
Water

text: Southwest Water Company

text:
Southwest
Water

text: Mark A. Swatek

text: Southwest Water

text: Southwest Water Company

text: Southwest Water

text: Southwest Water Company


text:
EX-99.1
2
tm2110355d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Ready
Capital Corporation and Anworth Mortgage Asset Corporation Announce Completion of Merger
New York, New York, March 19, 2021
/ PRNewswire / - Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") and Anworth
Mortgage Asset Corporation (NYSE: ANH) ("Anworth") jointly announced today that they have completed the previously
announced merger pursuant to the terms of the Agreement and Plan of Merger, dated as of December 6, 2020, by and among Ready
Capital, Anworth and RC Merger Subsidiary, LLC, a Delaware limited liability company and a wholly owned subsidiary of Ready Capital
(the "Merger Agreement"). As of the closing of trading on March 19, 2021, Anworth ceased to be publicly traded
and its common stock and preferred stock was suspended from trading on the NYSE. The combined company will conduct business under
the name "Ready Capital Corporation" and will continue to trade on the New York Stock Exchange under the ticker symbol
"RC."
Each outstanding share of common stock,
par value $0.01 per share, of Anworth ("Anworth Common Stock") (other than shares held by Ready Capital or Merger Sub
or by any wholly owned subsidiary of Ready Capital, Merger Sub or Anworth, which were automatically cancelled and retired and ceased
to exist) was converted into the right to receive from Ready Capital (i) 0.1688 newly issued shares of common stock, par value
$0.0001 per share, of Ready Capital (the "Ready Capital Common Stock") plus (ii) $0.61 in cash. No fractional
shares of Ready Capital Common Stock were issued in the merger, and the value of any fractional interests to which a former holder
of Anworth Common Stock is otherwise entitled will be paid in cash.
Additionally,
at the effective time of the merger, (i) each outstanding share of 8.625% Series A Cumulative Preferred Stock, par value
$0.01 per share, of Anworth was converted into the right to receive one newly issued share of newly designated 8.625% Series B
Cumulative Preferred Stock, par value $0.0001 per share, of Ready Capital, (ii) each outstanding share of 6.25% Series B
Cumulative Convertible Preferred Stock, par value $0.01 per share, of Anworth was converted into the right to receive one newly
issued share of newly designated 6.25% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share, of Ready
Capital, and (iii) each outstanding share of 7.625% Series C Cumulative Redeemable Preferred Stock, par value $0.01 per
share, of Anworth was converted into the right to receive one newly issued share of newly designated 7.625% Series D Cumulative
Redeemable Preferred Stock, par value $0.0001 per share, of Ready Capital.
Pursuant to the Merger Agreement, the size
of Ready Capital's board of directors was increased by one member upon the closing of the merger, and Dominique Mielle, an
independent director of Anworth, was appointed to Ready Capital's board of directors.
"The closing of the merger with Anworth
will better position us to continue to grow and improve operating and cost efficiencies to establish Ready Capital as an industry-leading
mortgage REIT with a diversified platform", said Thomas Capasse, Chairman and Chief Executive Officer of Ready Capital.
Forward-Looking Statements
This press release includes "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 forward-looking statements are based on current assumptions, expectations and beliefs of Ready Capital 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. Ready Capital cannot give any assurance that these forward-looking statements will be accurate.
These forward-looking statements generally can be identified by phrases such as "will", "expects", "anticipates,"
"foresees", "forecasts", "estimates" or other words or phrases of similar import. It is uncertain
whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact
they will have on the results of operations and financial condition of the combined company. There are a number of risks and uncertainties,
many of which are beyond the parties' control, that could cause actual results to differ materially from the forward-looking
statements included herein, including, but not limited to: risks related to disruption of management's attention from ongoing
business operations due to the merger; the risk that the merger could have an adverse effect on the operating results and business
of the combined companies generally; the outcome of any legal proceedings relating to the merger; the impact of the COVID-19 pandemic
on the business and operations, financial condition, results of operations, and liquidity and capital resources of Ready Capital;
conditions in the market for mortgage-related investments; changes in interest rates; changes in the yield curve; changes in prepayment
rates; the availability and terms of financing; market conditions; general economic conditions; the ability to retain key personnel;
and legislative and regulatory changes that could adversely affect the business of Ready Capital. All such factors are difficult
to predict, including those risks set forth in Ready Capital's Joint Proxy Statement/Prospectus filed with the SEC on February 9,
2021 and Ready Capital's and Anworth's annual reports on Form 10-K, quarterly reports on Form 10-Q, and
current reports on Form 8-K that are available on the SEC's website at
http://www.sec.gov
. The forward-looking
statements included in this press release are made only as of the date hereof. Readers are cautioned not to place undue reliance
on these forward-looking statements that speak only as of the date hereof. Ready Capital undertakes no obligation to update these
forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.
About Ready Capital Corporation
Ready Capital Corporation (NYSE: RC) is
a multi-strategy real estate finance company that originates, acquires, finances and services small to medium balance commercial
loans. Ready Capital specializes in loans backed by commercial real estate, including agency multifamily, investor and bridge as
well as SBA 7(a) business loans. Headquartered in New York, New York, Ready Capital employs over 500 lending professionals
nationwide. The company is externally managed and advised by Waterfall Asset Management, LLC.
Advisors
Alston & Bird LLP acted as legal
advisor and Wells Fargo Securities, LLC acted as financial advisor to Ready Capital. Greenberg Traurig, LLP acted as legal advisor
and Credit Suisse Securities (USA) LLC acted as financial advisor to Anworth.
Contact
Investor Relations
Ready Capital Corporation
212-257-4666
InvestorRelations@readycapital.com

text:
Ready
Capital Corporation

text: Anworth Mortgage Asset Corporation

text: Ready Capital Corporation

text: Ready Capital

text:
Anworth
Mortgage Asset Corporation

text: Anworth

text:
Ready
Capital

text: Anworth

text: RC Merger Subsidiary, LLC

text: Ready Capital

text: Anworth

text: Ready Capital Corporation

text: Anworth

text: Anworth

text: Ready Capital

text: Ready Capital

text: Anworth

text: Ready Capital

text: Ready Capital

text: Ready Capital

text: Ready Capital

text: Anworth

text: Anworth

text: Ready Capital

text: Anworth

text:
Ready
Capital

text: Anworth

text: Ready Capital

text: Ready Capital

text: Anworth

text: Ready Capital

text: Anworth

text: Ready Capital

text: Thomas Capasse

text: Ready Capital

text: Ready Capital

text: Ready Capital

text: Ready Capital

text: Ready Capital

text: Ready Capital

text: Ready Capital

text: Anworth

text: Ready Capital

text: Ready Capital Corporation

text: Ready Capital Corporation

text: Ready Capital

text: Ready Capital

text: Waterfall Asset Management, LLC

text: Alston & Bird LLP

text: Wells Fargo Securities, LLC

text: Ready Capital

text: Greenberg Traurig, LLP

text: Credit Suisse Securities (USA) LLC

text: Anworth

text: Ready Capital Corporation


text:
EX-99.2
2
a06-20604_1ex99d2.htm
EX-99
Exhibit 99.2
EXCO Resources, Inc.
12377 Merit Drive, Suite 1700, LB 82, Dallas, Texas 75251
(214) 368-2084 FAX (214)
368-2087
EXCO RESOURCES, INC. COMPLETES
ACQUISITION OF
EAST
TEXAS, NORTH LOUISIANA GAS PRODUCER
DALLAS, TEXAS,
October 2, 2006…EXCO Resources, Inc. (NYSE:XCO) today announced that it has
completed its acquisition of Winchester Energy Company, Ltd. and its affiliated
entities from Progress Energy, Inc. (NYSE:PGN) for approximately $1.16 billion,
subject to certain contractual closing and post-closing adjustments.
EXCO financed the
acquisition of Winchester Energy and its affiliated entities, which own
properties located in East Texas and North Louisiana, with borrowings by EXCO
Partners, LP, its indirect, wholly-owned subsidiary, under a $650 million term
loan facility and a new revolving credit facility. EXCO also completed the
contribution of its East Texas assets to EXCO Partners, LP.
EXCO Resources,
Inc. is an oil and natural gas acquisition, exploitation, development and
production company headquartered in Dallas, Texas with principal operations in
Texas, Colorado, Louisiana, Ohio, Oklahoma, Pennsylvania and West Virginia.
Additional
information about EXCO Resources, Inc. may be obtained by contacting EXCO's
President, Stephen F. Smith, at EXCO's headquarters, 12377 Merit Drive, Suite
1700, Dallas, TX 75251, telephone number
(214) 368-2084, or by visiting EXCO's website at www.excoresources.com. EXCO's SEC filings and press releases can be
found under the Investor Relations tab.
###
This
release may contain forward-looking statements relating to future financial
results or business expectations.
Business plans may change as circumstances warrant. Actual results may differ materially from
those predicted as a result of factors over which EXCO has no control. Such factors include, but are not limited to:
acquisitions, recruiting and new business solicitation efforts, estimates of
reserves, commodity price changes, the extent to which EXCO is successful in
integrating recently acquired businesses, regulatory changes and general
economic conditions. These risk factors
and additional information are included in EXCO's reports on file with the
Securities and Exchange Commission.

text: EXCO Resources, Inc.

text: EXCO RESOURCES, INC.

text: EXCO Resources, Inc.

text: Winchester Energy Company, Ltd.

text: Progress Energy, Inc.

text: Winchester Energy

text:
EXCO Resources,
Inc.

text: EXCO Resources, Inc.


text:
EX-99.1
4
d211443dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
The New Home
Company and Apollo Announce Completion of the Acquisition of The New Home Company
by Funds Managed by Affiliates of Apollo
SCOTTSDALE, AZ and NEW YORK, NY
-
September
8, 2021
- The New Home Company (NYSE: NWHM) ("NWHM" or
"the Company") and Newport Merger Sub, Inc. (the "Purchaser"), an entity controlled by funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated
subsidiaries, "Apollo") today announced the successful completion of the previously commenced cash tender offer by the Purchaser to purchase all of the outstanding shares of common stock of NWHM.
The tender offer expired at 12:00 A.M., New York City time on September 8, 2021. As of the expiration of the tender offer, a total of 16,334,654 shares
of common stock of NWHM, representing approximately 89.95% of the outstanding NWHM shares, were validly tendered into and not withdrawn from the tender offer. As of such expiration, all conditions to the tender offer have been satisfied or waived.
Purchaser has accepted for payment, and expects to promptly pay for, all such NWHM shares validly tendered and not withdrawn in accordance with the terms of the tender offer.
As a result of its acceptance of the shares tendered in the tender offer, Purchaser has acquired a sufficient number of shares of the Company's common
stock to close the merger of Purchaser with and into the Company without the affirmative vote of the Company's other stockholders pursuant to Section 251(h) of the Delaware General Corporation Law. On September 8, 2021, Purchaser
consummated the merger. In connection with the merger, the remaining outstanding shares were cancelled and automatically converted into the right to receive $9.00 per share in cash, being the same price paid in the tender offer. As a result of the
tender offer and the merger, NWHM became a privately-held, indirect wholly-owned subsidiary of the Apollo Funds and the Company's common stock ceased trading on the New York Stock Exchange.
J.P. Morgan Securities LLC is acting as financial advisor to the Apollo Funds and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal
advisor to Apollo. Citigroup Global Markets, Inc. served as financial advisor to the Company and Latham & Watkins LLP served as legal counsel.
About The New Home Company
The New Home Company is a
publicly traded company listed on the New York Stock Exchange under the symbol "NWHM." It is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas
within select growth markets in California, Arizona and Colorado. For more information about the Company and its new home developments, please visit the Company's website at www.NWHM.com.
About Apollo
Apollo is a high-growth, global alternative
asset manager. We seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid and opportunistic. Through our investment
activity across our fully integrated platform, we serve the retirement income and financial return needs of our clients, and we offer innovative capital solutions to businesses. Our patient, creative, knowledgeable approach to investing aligns our
clients, businesses we invest in, our employees and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2021, Apollo had approximately $472 billion of assets under management. To learn more,
please visit http://www.apollo.com.
Forward-Looking Statements
Any forward-looking statements, including, but not limited to, statements regarding the transaction between Apollo and NWHM, strategic and other potential
benefits of the transaction, and other statements about Apollo's future expectations, beliefs, goals, plans or prospects, are subject to risks and uncertainties such as those described under the heading "Risk Factors" in the
Company's periodic reports on file with the U.S. Securities and Exchange Commissions ("SEC"). These statements speak only as of the date of this press release and are based on Apollo's and NWHM's current plans and
expectations and involve risks and uncertainties that could cause actual future events or results to be different from those described in or implied by such forward-looking statements, including risks and uncertainties regarding: changes in
financial markets; changes in economic, political or regulatory conditions; changes in facts and other circumstances and uncertainties concerning the proposed transaction; and other factors set forth from time to time in NWHM's SEC filings,
including its Annual Reports on Form
10-K
and Quarterly Reports on Form
10-Q,
as well as the tender offer statement, solicitation/recommendation statement and other
tender offer documents that will be filed by Apollo and NWHM, as applicable. Apollo and NWHM caution investors not to place considerable reliance on the forward-looking statements contained in this press release. Except as required by applicable law
or regulation, Apollo does not undertake any obligation to update or revise any such forward-looking statements to reflect future events or circumstances.
Important Additional Information
This
communication is neither an offer to purchase nor a solicitation of an offer to sell common stock of NWHM, Apollo, or any other securities. This communication is for informational purposes only.
Investor Contact:
Investor Relations
The New Home Company Inc.
(949) 382-7838
investorrelations@nwhm.com
For Apollo
:
Investor Contact:
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
212 822 0540
IR@apollo.com
Media Contact:
Joanna Rose
Global Head of Corporate Communications
Apollo Global
Management, Inc.
212 822 0491
Communications@apollo.com
2

text:
The New Home
Company

text: Apollo

text: The New Home Company

text: Apollo

text: The New Home Company

text: NWHM

text: NWHM

text: Apollo

text: Apollo Global Management, Inc.

text: Apollo

text: NWHM

text: NWHM

text: NWHM

text: NWHM

text: NWHM

text: Apollo

text: J.P. Morgan Securities LLC

text: Apollo

text: Apollo

text: Citigroup Global Markets, Inc.

text: Latham & Watkins LLP

text: The New Home Company

text: The New Home Company

text: NWHM

text: Apollo

text: Apollo

text: Apollo

text: Apollo

text: NWHM

text: Apollo

text: Apollo

text: NWHM

text: NWHM

text: Apollo

text: NWHM

text: Apollo

text: NWHM

text: Apollo

text: NWHM

text: Apollo

text: The New Home Company

text: Apollo

text: Apollo Global Management, Inc.

text:
Apollo Global
Management, Inc.


text:
EX-99.1
8
ex99_1.htm
EXHIBIT 99.1
ex99_1.htm
Exhibit 99.1
Contact
:
Dominic
Petrucci
Chief
Operating Officer
Cornerstone
Ventures, Inc.
949
263 4340
dpetrucci@cvinc.net
Cornerstone
Core Properties REIT, Inc. Announces Purchase Of
Monroe
North CommerCenter For $14.3 Million
Irvine, CA - April 17, 2008
-
Cornerstone Core Properties REIT, Inc (CCP REIT) announced today it has purchase
an existing multi-tenant industrial property known as Monroe North CommerCenter
for approximately $14.3 million. Monroe North CommerCenter consists
of two industrial buildings ideally located in the metropolitan Orlando, Florida
area. The property is currently 100% leased to 15 different tenants
whose spaces range in size from approximately 7,300 square feet to approximately
29,000 square feet. The property has approximately 181,300 square
feet of space situated on approximately 14 acres of land.
Metropolitan
Orlando's central location offers almost equidistant access to the state's other
major metropolitan centers, positioning the region as a hub with quick, easy
access to air, land and water transportation routes. The networks of
air routes, rail systems and interstate highways, as well as nearby deep-water
ports, are attractive to various manufacturing, warehouse and distribution
businesses. Monroe North CommerCenter benefits from a desirable North
Orlando location and from immediate access to a major interstate highway
interchange.
Scarcity
of available industrial land in Central Florida combined with rising
construction costs have made it difficult for developers to get a foothold in
the Orlando industrial market. According to CB Richard Ellis, Central
Florida remains an economically over-performing metro area and will remain in
that category in the foreseeable future, due to strong demographic trends and
moderate costs of living. According to CB Richard Ellis, industrial
real estate in the first quarter of 2008 closed with an overall vacancy rate of
8.8% in the Orlando metropolitan market while average overall first quarter 2008
rental rates for the Orlando area were slightly higher than for the fourth
quarter of 2007.
CCP REIT
is a publicly offered, non-traded real estate company investing primarily in
multi-tenant industrial properties located in major metropolitan markets
throughout the United States. While the CCP REIT may use some degree
of debt financing for acquisition, working capital, tenant improvements, capital
improvements and cash distributions, it intends to own and operate its
properties on an all-cash basis thus mitigating foreclosure and interest rate
risk.
This
release may contain forward-looking statements with the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934, including discussions regarding Cornerstone Core Properties REIT, Inc's
use of proceeds and certain other factors that may affect future earnings or
financial results. Such statements involve risk and uncertainties which could
cause actual results to vary materially form those expressed in or indicated by
the forward-looking statements. Factors that may cause actual results to differ
materially include changes general economic conditions, changes in real estate
conditions, construction delays, changes in interest rates, lease-up risks, lack
of financing availability and lack of capital proceeds. This is not an offer or
a solicitation to purchase securities. Such an offer can be made only
by means of a prospectus that includes more complete information on the fees and
risk factors involved. Investors should read a prospectus carefully before
investing. To obtain a prospectus, please contact your investment
professional or Pacific Cornerstone Capital, Inc. at 1920 Main Street, Suite
400, Irvine, CA 92614 (877 805 3333). Securities offered through Pacific
Cornerstone Capital, Inc. Member FINRA and SIPC. Investments are not FDIC
insured, not bank guaranteed and may lose value.

text:
Dominic
Petrucci

text: Core Properties REIT, Inc.

text: Cornerstone Core Properties REIT, Inc

text: Cornerstone Core Properties REIT, Inc


text:
EX-99.1
2
d676080dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
Enbridge Inc. and Spectra Energy Partners, LP Complete Merger
CALGARY and HOUSTON, December
17, 2018
- Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge), on behalf of itself and certain of
its wholly owned U.S. subsidiaries, and Spectra Energy Partners, LP (NYSE: SEP) (SEP) today announced that they have completed the previously announced merger (the Merger) pursuant to an Agreement and Plan of Merger dated as of August 24, 2018
(the Merger Agreement). The Merger resulted in Enbridge (through a wholly owned subsidiary) acquiring all of the outstanding public common units of SEP and SEP becoming an indirect, wholly owned subsidiary of Enbridge.
Effective today, SEP unitholders of record as of the close of business on November 5, 2018 (other than Enbridge and its subsidiaries) are entitled to
receive from Enbridge pursuant to the Merger Agreement, for each SEP common unit held, 1.111 common shares of Enbridge.
Also effective today, the SEP
common units will be suspended from trading on, and delisted from, the New York Stock Exchange (NYSE). Common shares of Enbridge will continue to trade on both the NYSE and the Toronto Stock Exchange under the symbol "ENB".
Forward Looking Statements
Certain information
provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project" and similar words and expressions are intended to identify such forward-looking statements. All
statements other than statements of historical fact may constitute forward-looking statements Forward-looking information or statements included or incorporated by reference in this document include, but are not limited to, statements with respect
to the suspension of the SEP common units from trading on, and delisting from, the NYSE.. Although Enbridge and SEP believe these statements are based on information and assumptions which are current, reasonable and complete, these statements are
not guarantees of future performance and readers are cautioned against placing undue reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, risks and uncertainties which may cause actual results
to differ from those expressed or implied by such statements. Material assumptions include assumptions about the satisfaction of all conditions to the suspension from trading and delisting of the SEP common units. While Enbridge and SEP make these
forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Except as may be required by
applicable securities laws, Enbridge and SEP assume no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
About Enbridge Inc.
Enbridge Inc. is North
America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation.
The Company safely delivers an average of 2.9 million barrels of crude oil each day through its Mainline and Express Pipeline; accounts for approximately 62% of U.S.-bound Canadian crude oil exports; and moves approximately 22% of all natural
gas consumed in the U.S., serving key supply basins and demand markets. The Company's regulated utilities serve approximately 3.7 million retail customers in Ontario, Quebec, and New Brunswick. Enbridge also has interests in more than
1,700 MW of net renewable generating capacity in North America and Europe. The Company has ranked on the Global 100 Most Sustainable Corporations index for the past nine years; its common shares trade on the Toronto and New York stock exchanges
under the symbol ENB.
1
Life takes energy and Enbridge exists to fuel people's quality of life. For more information, visit
www.enbridge.com.
About Spectra Energy Partners, LP
Spectra Energy Partners, LP is one of the largest pipeline master limited partnerships in the United States and connects growing supply areas to high-demand
markets for natural gas and crude oil. These assets include approximately 16,000 miles of transmission pipelines, approximately 170 billion cubic feet of natural gas storage, and approximately 5.6 million barrels of crude oil storage.
Information about Spectra Energy Partners, LP is available on its website at www.spectraenergypartners.com.
FOR FURTHER INFORMATION PLEASE
CONTACT:
Media
Michael Barnes
Toll Free: (888)
992-0997
Email: media@enbridge.com
Investment Community
Toll Free: (800)
481-2804
Email: investor.relations@enbridge.com
2

text: Enbridge Inc.

text: Spectra Energy Partners, LP

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text: Spectra Energy Partners, LP

text: Enbridge Inc.

text: Enbridge Inc.

text: Spectra Energy Partners, LP

text: Spectra Energy Partners, LP

text: Spectra Energy Partners, LP


text:
EX-99.1
10
brhc10022897_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
FOR RELEASE:
NEW HARTFORD, NY, April 8, 2021
CONTACT:
Christopher R. Byrnes (315) 743-8376
chris_byrnes@partech.com,
www.partech.com
PAR Technology Corporation acquires Leading Loyalty Provider Punchh Inc. for $500MM, Becoming a Unified Commerce Cloud Platform for Enterprise Restaurants.
Equity funding for the transaction led by Ron Shaich's Act III Holdings and funds and accounts advised by T. Rowe Price Associates, Inc.
NEW HARTFORD, N.Y., April 8, 2021
- PAR Technology Corporation (NYSE: PAR), a leading global provider of restaurant software, today announced that it has acquired Punchh Inc. ("Punchh"), a leader in
loyalty and guest engagement solutions, for approximately
$500 million paid in cash and shares of PAR common stock to Punchh stockholders. This acquisition
makes PAR a unified
commerce cloud
platform for enterprise restaurants
and positions PAR to lead the industry with integrated point-of-sale, back office, payment and guest engagement
solutions.
Savneet Singh, PAR Technology Corporation CEO & President, said "Today there is a conflict between restaurants and technology. The quantity of new software applications is making it difficult for restaurants
to navigate complex integration networks and taking away from focusing on their guests. Meanwhile, online marketplaces are becoming intermediaries between restaurants and their guests.
With the Punchh acquisition, we are building a
platform that enables restaurants to scale quickly, own their path to innovation, and take back their guest relationship.
This
eliminates the need for juggling disjointed vendors, developing cumbersome
point-to-point integrations, and relying on 3
rd
party dependencies.
At the same time, Punchh advances our ability to provide
customers with an end-to-end solution, from guest-to-kitchen, through
one unified data source
."
Singh added, "In our view, Punchh is the pre-eminent loyalty and CRM SaaS provider to enterprise restaurants. They boast a blue-chip roster of customers, industry
-
leading
growth, 100%+ net dollar retention and very high customer NPS scores. Punchh's highly experienced team are among the industry's best - we're beyond excited to have them join us on our ambitious journey. I am also pleased to report that the
combined companies, on a pro-forma basis, at the end of 2020, would have generated $65 million in run-rate ARR, while maintaining our growth and net dollar retention".
Shyam Rao, Co-founder and President of Punchh, said "With its Brink POS®, PAR has been a Punchh partner for many years. We've gotten to know them while jointly servicing customers and have always been impressed with their focus on their
customer's success. PAR's point-of-sale and back-office solutions combined with our loyalty and engagement platform give customers an end-to-end solution for top-line growth, profitable guest relationships and operational efficiencies. We're
excited to join the PAR team and further our offerings to the hospitality industry".
PAR financed the cash consideration of the purchase price through a combination of equity and debt, including proceeds from the sale of $160 million of PAR common stock to PAR Act III, LLC ("Act III") and to funds and accounts advised by T. Rowe
Price Associates, Inc. and a $180 million senior secured term loan under a credit agreement, with Owl Rock First Lien Master Fund, L.P., as administrative and collateral agent.
Keith Pascal, Act III Partner, joins the Board of Directors of PAR Technology Corporation and, Ron Shaich, Act III Managing Partner and founder of Panera Bread, takes a Board Observer seat.
Shaich said, "We are thrilled to join this journey with PAR and Punchh. As a founder and long-time CEO of a large restaurant company, I understand first-hand the struggles of trying to power a large enterprise by gluing together disparate
technologies from multiple vendors which results in silos of data, increased management costs and barriers to agile innovation. However, those restaurant brands that can create a differentiated guest experience, aided by seamless omnichannel
technology and a superior understanding of their guests' preferences and behaviors, will be best positioned to win in the ever increasingly competitive restaurant marketplace. I believe PAR's vision of a unified commerce cloud will enable more
restaurant enterprises to compete effectively and efficiently in the digital arms race".
Goldman Sachs & Co. LLC served as financial advisor to PAR Technology Corporation, and as sole placement agent in connection with the concurrent financing transactions. Gibson, Dunn & Crutcher LLP served as legal counsel to PAR
Technology Corporation in connection with the acquisition and financing transactions.
J.P. Morgan Securities LLC served as exclusive financial advisor and Fenwick & West LLP as legal counsel to Punchh.
PAR Management will host a conference call to discuss the transaction at 10:30 a.m. ET on Thursday, April 8, 2021. To participate in the call, please call
844-419-5412
, approximately 10 minutes in
advance. No passcode is required to participate in the live call. Individual & Institutional Investors will have the opportunity to listen to the conference call/event over the internet by visiting PAR's website at
www.partech.com/about-us/investor-relations/
Alternatively, listeners may access an archived version of the presentation call after 8:30 p.m. on April 8 through April 15, 2021 by dialing
855-859-2056 and using conference ID 9192656.
PAR Technology looks forward to your participation in this conference call. Please call Tiffani Temple at 315-738-0600 x 6325 with any questions.
This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, Section 27A of the Securities Act of 1933, as amended, and the Private Securities Litigation Reform
Act of 1995. Forward-looking statements are not historical in nature, but rather are predictive of PAR's future operations, financial condition, business strategies and prospects. Forward-looking statements are generally identified by words such
as "anticipate", "believe", "belief", "continue", "could", "expect", "estimate", "intend", "may", "opportunity", "plan", "should", "will", "would", "will likely result", and similar expressions. Forward-looking statements are based on current
expectations and assumptions as to future occurrences and trends, including statements expressing optimism or pessimism about future operating results or events and projected sales, earnings, capital expenditures and business strategies, that are
subject to risks and uncertainties, which could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements, including potential business uncertainties relating to the acquisition, disruptions to
PAR's business and operational relationships, PAR's ability to achieve anticipated synergies, and the anticipated costs, timing and complexity of integration. Factors that could cause or contribute to such differences include, but are not limited
to, those discussed in PAR's Annual Report on Form 10-K for the year ended December 31, 2020 and PAR's other filings with the SEC. PAR undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new
information, future events, or otherwise, except as may be required under applicable securities law.
About PAR Technology Corporation
PAR Technology Corporation through its wholly owned subsidiary ParTech, Inc., is a customer success-driven, global technology company with over 100,000 restaurants in more than 110 countries using its point-of-sale hardware and SaaS software.
PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PAR (NYSE: PAR). For more information, visit www.partech.com or connect with PAR on Facebook or Twitter.
About Punchh
Punchh is a leading loyalty and engagement solution for restaurant, retail, and convenience store brands. For a decade Punchh has created consistent, modern loyalty experiences to help physical retailers understand their guests and use real data
insights to serve them best. Powered through A.I., the company builds meaningful relationships and dramatically increases lifetime guests. For more information please visit
www.punchh.com.
###

text: PAR Technology Corporation

text: Punchh Inc.

text: T. Rowe Price Associates, Inc.

review_confirmation: Agent row audit 0000-1259

text: PAR Technology Corporation

text: PAR

text: Punchh Inc.

text: PAR

text: PAR

text: PAR

text: PAR Technology Corporation

text: PAR

text: PAR

text: PAR

text: PAR

text: PAR

text: PAR

text:
T. Rowe
Price Associates, Inc.

text: PAR Technology Corporation

text: PAR

text: PAR

text: Goldman Sachs & Co. LLC

text: PAR Technology Corporation

text: Gibson, Dunn & Crutcher LLP

text:
PAR
Technology Corporation

text: J.P. Morgan Securities LLC

text: Fenwick & West LLP

text: PAR

text: PAR

text: PAR

text: PAR

text: PAR

text: PAR

text: PAR

text: PAR

text: PAR Technology Corporation

text: PAR Technology Corporation

text: PAR Technology Corporation

text: PAR

text: PAR

text: PAR


text:
EX-99.1
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a12-26069_1ex99d1.htm
EX-99.1
Exhibit 99.1
Liquidity Services, Inc. Acquires National Electronics Service Association (NESA)
Acquisition enhances reverse logistics services in U.S. and Canada for large retailers, manufacturers and telecom firms
WASHINGTON, November 1, 2012
- Liquidity Services, Inc. (NASDAQ: LQDT), today announced it has acquired National Electronics Service Association (NESA) in an all-cash transaction. A Canadian provider of returns management, refurbishment and reverse logistics services for high-value consumer products, NESA provides expertise and focused services to Fortune 1000 companies in the management of Consumer Electronics, Telecommunications and Information Technology products.
The acquisition of NESA enhances Liquidity Services' ability to deliver large retailers and OEMs across Canada and the U.S. a full-service, reverse logistics solution for consumer electronics and technology products, including returns management, repair services and multi-channel inventory disposition.
Headquartered in Toronto, Ontario, NESA establishes Liquidity Services' first client service and distribution center in Canada and enables the company to cross-sell services with existing and prospective clients in both the U.S. and Canada. NESA's current service offering is supported by NESALive, a cloud based application that supports returns management, repair and refurbishment services in hundreds of product categories, including satellite TV boxes, laptops, game consoles, tablets, and e-books.
"With the proliferation of technology causing complexity and shorter life cycles across thousands of products, our comprehensive reverse logistics solution, encompassing returns management, refurbishment and multi-channel disposition and re-sale services, enables us to reduce costs and increase recovery value for retailers and OEMs", said Bill Angrick, Chairman and CEO of Liquidity Services. "We are delighted to add NESA's experienced team and capabilities to our business and look forward to providing NESA's client base the opportunity to utilize our existing multi-channel asset recovery services for surplus and refurbished consumer electronics and technology products. The Liquidity Services' solution leverages over 2.2 million global buyers as well as our experience completing the sale of over $3.0 billion in Gross Merchandise Volume".
"We are excited to join Liquidity Services and combine our respective services to create a comprehensive reverse logistics solution for electronic and technology products", said Dominic Renda, President and Founder of NESA. "Liquidity Services brings us a leading market position, expertise and resources to help NESA reach the next level, representing an even brighter future for our growth, innovation and value for our clients and employees".
Liquidity Services expects the deal to add approximately US$20 to US$25 million of annual Revenue and, excluding one-time deal expenses, to be $0.02 to $0.03 cents accretive to its fiscal year 2013 earnings results.
Terms of the deal include an upfront payment of approximately CA$18 million in cash plus additional cash payments based on NESA's future revenues and earnings before interest, taxes, depreciation and amortization (EBITDA) performance 24 to 36 months after closing.
About Liquidity Services, Inc.
Liquidity Services, Inc. (NASDAQ: LQDT) provides leading corporations, public sector agencies and buying customers the world's most transparent, innovative and effective online marketplaces and integrated services for surplus assets. On behalf of its clients, Liquidity Services has completed the sale of over $3.0 billion of surplus, returned and end-of-life assets, in over 500 product categories, including consumer goods, capital assets and industrial equipment. The company is based in Washington, D.C. and has nearly 1,200 employees. Additional information can be found at: http://www.liquidityservicesinc.com.
About National Electronics Service Association
NESA's mission is to provide repair and warranty services for electronic products, as well as refurbishment and re-manufacturing for a full range of consumer and business electronic products. Founded in 1986 in Toronto, NESA provides comprehensive reverse and forward logistics solutions, procurement, repair, refurbishment and remanufacturing services to leading electronics manufacturers, distributors and service providers in Canada through a distributed national service network. Located in Toronto, Ontario, NESA and its team of nearly 130 employees are proud of their 26-year history of service excellence serving corporate and consumer clients across Canada. Additional information can be found at: www.nesacanada.com.
Forward-Looking Statements
This document contains forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the potential benefits, impact on fiscal 2013 operating results. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from any future results expressed or implied by these forward-looking statements. You can identify forward-looking statements by terminology such as "expects", or the negative of these terms or other comparable terminology. We cannot guarantee future results, levels of activity, performance or achievements. There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in this document. Important factors that could cause our actual results to differ materially from those expressed as forward-looking statements are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2011, including, but not limited to, those set forth in Part I, Item IA (Risk Factors). There may be other factors of which we are currently unaware that may cause our actual results to differ materially from the forward-looking statements. All forward-looking statements apply only as of the date of this document and are expressly qualified in their entirety by the cautionary statements included in this document. Except as may be required by law, we undertake no
obligation to publicly update or revise any forward-looking statement occurring after the date of this document.
Contact
Liquidity Services, Inc.
Julie Davis, 202.558.6234
julie.davis@liquidityservicesinc.com

text: Liquidity Services, Inc.

text: NESA

text: Liquidity Services, Inc.

text: NESA

text: NESA

text: NESA

text: NESA

text: Bill Angrick

text: NESA

text: NESA

text: Dominic Renda

text: NESA

text: NESA

text: NESA

text: Liquidity Services, Inc.

text: Liquidity Services, Inc.

text: NESA

text: NESA

text: Liquidity Services, Inc.


text:
EX-99.1
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a18-3775_1ex99d1.htm
EX-99.1
Exhibit 99.1
Knoll Completes Acquisition of Muuto, Fast-Growing Affordable Luxury Brand, Perfect Complement to Knoll's Timeless Design Portfolio
EAST GREENVILLE, Pa., January 25, 2018 - Knoll, Inc. (NYSE:KNL) today announced that it has completed the previously announced acquisition of Muuto, the Copenhagen-based designer and provider of affordable luxury furniture, lighting and accessories for the workplace and home, from its founders and Danish-based private equity firm Maj Invest Equity.
The acquisition further advances the Knoll strategy of building its global capability as a go-to resource for workplaces and homes, including the commercial contract, decorator to-the-trade and consumer markets.
Andrew Cogan, Knoll President and CEO, reiterated, "Muuto is a "resimercial" design-driven, creative Scandinavian brand representing global style for the workplace and home.
Muuto products pair seamlessly with the range of modern Knoll designs, offering an expanded breadth and depth of affordable luxury products that reflect today's evolving workstyles and trends in residential design, with particular appeal to a younger generation of architects, designers and clients and those seeking a homier, more relaxed aesthetic".
Founded in 2006 by Peter Bonnén and Kristian Byrge, Muuto, which means "new perspective" in Finnish, has grown into a global brand providing affordable luxury workplace and residential furniture, lighting and accessories. Muuto works with leading contemporary designers to offer a new vision of Scandinavian design.
About Knoll
Knoll, Inc. is a constellation of design-driven brands and people, working together with our clients to create inspired modern interiors. Our internationally recognized portfolio includes furniture, textiles, leathers, accessories, and architectural and acoustical elements brands. These brands - Knoll Office, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck | FilzFelt, Edelman Leather, HOLLY HUNT, DatesWeiser and Muuto - reflect our commitment to modern design that meets the diverse requirements of high performance workplaces and luxury interiors. A recipient of the National Design Award for Corporate and Institutional Achievement from the Smithsonian's Cooper-Hewitt, National Design Museum, Knoll, Inc. is aligned with the U.S. Green Building Council and the Canadian Green Building Council and can help organizations achieve the Leadership in Energy and Environmental Design (LEED) workplace certification. Knoll, Inc. is the founding sponsor of the World Monuments Fund Modernism at Risk program.
Investors:
Charles Rayfield
Senior Vice President and Chief Financial Officer
Tel 215 679-1703
crayfield@knoll.com
Media:
David E. Bright
Senior Vice President, Communications
Tel 212 343-4135
dbright@knoll.com

text: Knoll

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text: Muuto

text: Maj Invest Equity

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text: Knoll

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text: Knoll, Inc.

text: Knoll

text: Muuto

text: Knoll, Inc.

text: Knoll, Inc.


text:
EX-99.2
3
rrd-ex992_33.htm
EX-99.2
rrd-ex992_33.htm
Exhibit 99.2
RRD Completes Sale of International Mail and Parcel Logistics Business
11/03/2020
CHICAGO--(BUSINESS WIRE)--R.R. Donnelley & Sons Company (NYSE: RRD) ("RRD" or the "Company"), a leading global provider of marketing and business communications, today announced that it has closed on the previously announced sale of its International Mail and Parcel Logistics ("International Logistics") business to ePost Global LLC.
Dan Knotts, RRD's President and Chief Executive Officer, stated, "This sale completes the final step of our previously announced plan to exit our Logistics platform." Knotts continued, "I want to thank the International Logistics employees for their support of RRD and wish them well as they join ePost Global LLC".
About RRD
RRD is a leading global provider of multichannel business communications services and marketing solutions. With more than 35,000 employees across 29 countries, RRD offers the industry's most comprehensive offering of solutions designed to help companies-from Main Street to Wall Street-optimize customer engagement and streamline business operations across the complete customer journey. RRD offers a comprehensive portfolio of capabilities, experience and scale that enables organizations around the world to create, manage, deliver, and optimize their marketing and business communications strategies.
For more information, visit the Company's web site at
www.rrd.com
.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks, and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in RRD's filings with the SEC. RRD disclaims any obligation to update or revise any forward-looking statements.
Exhibit 99.2
# # #
Investor Contact:
Johan Nystedt, Senior Vice President, Finance
Telephone: 630-322-7111
E-mail: investor.info@rrd.com
Source: RRD

text: RRD

text: R.R. Donnelley & Sons Company

text: RRD

text: RRD

text: ePost Global LLC

text: RRD

text: RRD

text: ePost Global LLC

text: RRD

text: RRD

text: RRD

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text: RRD