text:
EX-99
2
centralvalleycommun.htm
CENTRAL VALLEY COMMUNITY BANCORP PRESS RELEASE
Central Valley Community Bancorp Successfully Completes Acquisition of Service 1st Bancorp
Representing California's First Acquisition of a Community Bank by a Community Bank in 2008
FRESNO, CA -- 11/12/2008 -- Central Valley Community Bancorp (Company)
(NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank),
announced today the completion of the acquisition of Service 1st Bancorp
(OTCBB: SVCF) and Service 1st Bank effective after close of business,
November 12, 2008.
Central Valley Community Bancorp and Central Valley Community Bank
directors and management team, led by Daniel J. Doyle, president and CEO,
will continue to lead the combined team of professional bankers. Effective
Monday, November 17, 2008, Service 1st Bank offices in Stockton, Lodi and
Tracy will convert all operational systems and physical signage to Central
Valley Community Bank.
Central Valley Community Bancorp reported assets at September 30, 2008 of
$524,636,000 and Service 1st Bancorp's assets were $233,576,000 at the end
of the same period. If the transaction had closed on September 30, 2008,
the estimated total combined assets for Central Valley Community Bancorp
would have been approximately $760,000,000. The Company projects the
acquisition of Service 1st Bancorp and Service 1st Bank to be accretive to
earnings in the first year of the combined operations. This transaction is
the second acquisition for Central Valley Community Bancorp, which acquired
Bank of Madera County on January 1, 2005.
Service 1st Bank was established in 1999 as a full-service commercial bank
headquartered in Stockton, California with additional offices in Lodi and
Tracy, California. Its principal focus has been to serve the business
banking needs of local businesses, professionals and individuals in San
Joaquin County.
"The acquisition of Service 1st Bank with offices in Stockton, Lodi and
Tracy allows Central Valley Community Bank to fulfill strategic initiatives
to bridge the Bank's branching gap between existing offices in Sacramento
and Madera. It will also enhance the Bank's future performance with the
addition of outstanding new employees whose loyal customers in this region
value the same excellent quality service standards and community advocacy
as our Bank", stated Daniel J. Doyle, president and CEO of Central Valley
Community Bancorp and Central Valley Community Bank.
"We are proud of our 29-year history of unchanging values and the solid
financial performance, which is demonstrated by our Company being
California's first community bank to acquire another community bank in
2008. That financial strength has also allowed the Bank to successfully
complete this acquisition during one of the most unique economic and
politically charged environments our country has ever seen. Through this
opportunity, we will be able to offer new advancement and geographic
employment for our new and existing employees, and deeper lending resources
to nurture local businesses within a larger service area of 15 offices
covering 11 different communities throughout the Valley", concluded Doyle.
Central Valley Community Bancorp trades on the NASDAQ stock exchange under
the symbol CVCY. Central Valley Community Bank, headquartered in Fresno,
California, was founded in 1979 and is the sole subsidiary of Central
Valley Community Bancorp. Central Valley Community Bank currently operates
15 offices in Clovis, Fresno, Kerman, Lodi, Madera, Oakhurst, Prather,
Sacramento, Stockton, Tracy and a loan production office in Modesto.
Additionally, the Bank operates Commercial Real Estate Lending, SBA Lending
and Agribusiness Lending Departments. Investment services are provided by
Investment Centers of America. Members of Central Valley Community
Bancorp's and the Bank's Board of Directors are: Daniel N. Cunningham
(Chairman), Sidney B. Cox, Edwin S. Darden, Jr., Daniel J. Doyle, Steven D.
McDonald, Louis McMurray, Wanda L. Rogers, William S. Smittcamp, and Joseph
B. Weirick.
More information about Central Valley Community Bancorp and Central Valley
Community Bank can be found at www.cvcb.com.
Central Valley Community Bancorp received a fairness opinion from Keefe,
Bruyette and Woods, Inc. and Downey Brand LLP served as legal advisor.
Service 1st Bancorp's financial advisor was Sandler O'Neill and Partners,
L.P. and its legal counsel was Dodd Mason George LLP.
Forward-looking Statements -- Certain matters discussed in this press
release constitute forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. All statements contained
herein that are not historical facts, such as statements regarding the
Company's current business strategy and the Company's plans for future
development and operations, are based upon current expectations. These
statements are forward-looking in nature and involve a number of risks and
uncertainties. Such risks and uncertainties include, but are not limited
to (1) significant increases in competitive pressure in the banking
industry; (2) the impact of changes in interest rates, a decline in
economic conditions at the international, national or local level on the
Company's results of operations, the Company's ability to continue its
internal growth at historical rates, the Company's ability to maintain its
net interest margin, and the quality of the Company's earning assets; (3)
changes in the regulatory environment; (4) fluctuations in the real estate
market; (5) changes in business conditions and inflation; (6) changes in
securities markets; and (7) the other risks set forth in the Company's
reports filed with the Securities and Exchange Commission, including its
Annual Report on Form 10-K for the year ended December 31, 2007.
Therefore, the information set forth in such forward-looking statements
should be carefully considered when evaluating the business prospects of
the Company.
CONTACT:
Debbie Nalchajian-Cohen
Office: (559) 222-1322
Cell: (559) 281-1312

text: CENTRAL VALLEY COMMUNITY BANCORP

text: Central Valley Community Bancorp

text: Service 1st Bancorp

text: Central Valley Community Bancorp

text: Service 1st Bancorp

text: Central Valley Community Bancorp

text: Daniel J. Doyle

text: Central Valley Community Bancorp

text: Service 1st Bancorp

text: Central Valley Community Bancorp

text: Service 1st Bancorp

text: Central Valley Community Bancorp

text: Daniel J. Doyle

text:
Central Valley
Community Bancorp

text: Central Valley Community Bancorp

text:
Central
Valley Community Bancorp

text:
Central Valley Community
Bancorp

text: Daniel J. Doyle

text: Central Valley Community Bancorp

text: Central Valley Community Bancorp

text:
Keefe,
Bruyette and Woods, Inc.

text: Downey Brand LLP

text: Service 1st Bancorp

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

text: Dodd Mason George LLP


dataset: buster

text:
EX-99.1
4
a16-18630_1ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
STEINHOFF COMPLETES ACQUISITION OF MATTRESS FIRM
HOUSTON, September 16, 2016 /BUSINESSWIRE/ - Mattress Firm Holding Corp. ("Mattress Firm" or the "Company"), the nation's largest mattress retailer, today announced the completion of its previously announced acquisition by Steinhoff International Holdings N.V. ("Steinhoff") (FRANKFURT: SNH). The acquisition was first announced by Mattress Firm on August 8, 2016 and closed and became effective today.
Steinhoff completed the acquisition of Mattress Firm concurrently with payment for the previously tendered shares in accordance with the merger agreement through a merger of an indirect wholly-owned subsidiary with Mattress Firm. All shares of Mattress Firm common stock not purchased in the tender offer (other than (i) treasury shares, (ii) shares owned by Steinhoff or Mattress Firm or any direct or indirect wholly-owned subsidiary of Steinhoff or Mattress Firm and (iii) shares held by a Mattress Firm stockholder who has properly exercised their dissenters' rights of appraisal in respect of such shares) will be converted into the right to receive $64.00 per share. As a result of the completion of the transaction, the Company's common stock will no longer be traded on the NASDAQ stock market.
Upon closing, Mattress Firm became a subsidiary of Steinhoff. Mattress Firm's management, led by Steve Stagner, executive chairman, and Ken Murphy, president and CEO, will remain in place and continue to run Mattress Firm's day-to-day activities.
"The transaction with Steinhoff is complete and I am delighted that Mattress Firm is now part of the Steinhoff organization", commented Ken Murphy, president and CEO of Mattress Firm. "Steinhoff has a proven track record in the global mattress industry, and they share our vision for the growth and expansion of Mattress Firm. This is an exciting event for our customers, employees and business partners as we enter a new chapter for Mattress Firm. Our team remains committed to building a national chain under one banner in the U.S. and offering our guests a great night's sleep".
Forward Looking Statements
This press release contains forward-looking statements regarding Steinhoff and Mattress Firm, including, but not limited to, statements related to the estimated future financial results and performance of Mattress Firm's business in mattresses and related products and accessories, as well as other statements that are not historical facts. These forward-looking statements are based on each of the companies' current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks associated with business combination transactions, such as the risk that the acquired business will not be integrated successfully or that such integration may be more difficult, time-consuming or costly than expected; risks related to future opportunities and plans for the combined company, including uncertainty of the expected future financial performance and results of the combined company following completion of the transaction; disruption from the acquisition, making it more difficult to conduct business as usual or maintain relationships with customers, employees or suppliers; and the possibility that if Steinhoff does not achieve the perceived benefits of the acquisition as rapidly or to the extent anticipated by financial analysts or investors, the market price of Steinhoff's ordinary shares could decline; and those other risks detailed under the caption "Risk Factors" and elsewhere in Mattress Firm's U.S. Securities and Exchange Commission ("SEC") filings and reports, including in Mattress Firm's Quarterly Reports on Form 10-Q for the quarters ended May 3, 2016 and August 2, 2016 and Annual Report on Form 10-K for the year ended February 2, 2016, which are filed with the SEC, and in Steinhoff's filings and reports filed with the Frankfurt Stock Exchange or the Johannesburg
5815 Gulf Freeway ·
Houston, TX
·
77023
·
Phone: +1 713-923-1090
·
Fax: +1 713-923-1096
Stock Exchange and future filings and reports by either company. Neither Steinhoff nor Mattress Firm undertakes any duty or obligation to update any forward-looking statements contained in this press release as a result of new information, future events or changes in its expectations.
About Steinhoff International Holdings N.V.
Steinhoff is an integrated retailer that manufactures, sources and retails furniture, household goods and general merchandise in Europe, Africa and Australasia. Steinhoff's vertically integrated business model is based upon a strategy of sourcing and manufacturing products at low cost and distributing them to its value-conscious customer base through its extensive retail footprint.
Steinhoff's integrated retail divisions comprise of:
·
Household goods comprising furniture and homeware retail businesses;
·
General Merchandise focusing on clothing and footwear, accessories and homeware; and
·
Automotive dealerships in South Africa which provide vehicles, parts, insurance, accessories and servicing.
Steinhoff has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. Steinhoff reported revenue and operating profit for the 12 months ended June 30, 2016 of €13.1 billion ($14.5 billion) and €1.5 billion ($1.6 billion) respectively. For more information, please visit www.steinhoffinternational.com.
About Mattress Firm Holding Corp.
With more than 3,600 company-operated and franchised stores across 49 states, Mattress Firm Holding Corp. (NASDAQ: MFRM) has the largest geographic footprint in the United States among multi-brand mattress retailers. Founded in 1986, Houston-based MFRM is the nation's leading specialty bedding retailer with over $3.5 billion in pro forma sales in 2015. MFRM, through its brands including Mattress Firm, Sleepy's and Sleep Train, offers a broad selection of both traditional and specialty mattresses, bedding accessories and other related products. More information is available at www.mattressfirm.com. The Company's website is not part of this release.
Steinhoff Contact:
Mariza Nel
Director, Corporate Services (Investor Relations)
+27 (0)21 808 0711
Mattress Firm Investor Relations Contact:
Scott McKinney
Vice President of Investor Relations
ir@MattressFirm.com
+1 713-328-3417
Mattress Firm Media Contact:
Erica Martinez, Jackson Spalding
emartinez@jacksonspalding.com
+1 214-269-4404
###

label: organization

text: STEINHOFF

text: MATTRESS FIRM

text: Mattress Firm Holding Corp.

text: Mattress Firm

text: Steinhoff International Holdings N.V.

text: Steinhoff

text: Mattress Firm

text: Steinhoff

text: Mattress Firm

text: Mattress Firm

text: Mattress Firm

text: Steinhoff

text: Mattress Firm

text: Steinhoff

text: Mattress Firm

text: Mattress Firm

text: Mattress Firm

text: Steinhoff

text: Mattress Firm

label: person

text: Ken Murphy

text: Mattress Firm

text: Steinhoff

text: Mattress Firm

text: Steinhoff

text: Ken Murphy

text: Mattress Firm

text: Steinhoff

text: Mattress Firm

text: Mattress Firm

text: Steinhoff

text: Mattress Firm

text: Mattress Firm

text: Steinhoff

text: Steinhoff

text: Mattress Firm

text: Mattress Firm

text: Steinhoff

text: Steinhoff

text: Mattress Firm

text: Steinhoff International Holdings N.V.

text: Steinhoff

text: Steinhoff

text: Steinhoff

text: Steinhoff

text: Steinhoff

text: Mattress Firm Holding Corp.

text: Mattress Firm Holding Corp.

text: Mattress Firm

text: Steinhoff

text: Mariza Nel

text: Mattress Firm

text: Mattress Firm

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
11
exhibit991cooperstreetpressr.htm
HARTMAN MANAGEMENT
Hartman INCOME REIT
2909 Hillcroft # 420
Houston, Texas 77057
www.hi-reit.com
Press Release
Hartman INCOME REIT adds to Dallas RETAIL Portfolio
Hartman Income REIT, Inc., a Houston based Real Estate Investment Trust, announced today that Hartman Short Term Properties XX, Inc. an affiliate, has purchased Cooper Street Shopping Center from Regency Centers, LP.
Cooper Street SC -
A 127,696 square foot, three (3) building retail center with one (1) single tenant pad site at the highly desirable intersection of Cooper Street and Interstate 20 in Arlington Texas.
Lead tenants at Cooper Street Shopping Center include: Home Depot, the largest home improvement retailer in the United States, Office Max a leader in both business-to-business office products solutions and retail office products, America's largest K& G Men's Store, a rapidly growing chain of no-frills, discount-priced men's clothing stores and T.G.I Fridays, casual dining restaurant and bar that caters to singles with locations all around the world.
Cooper Street Plaza's location along Interstate 20 and its proximity to several other highways provides it with access to consumers from almost anywhere in the southern half of the DF W Metroplex. Interstate 20 is one of the main freeways in the DFW Metroplex which connects Dallas and Fort Worth
.
Several of the country's largest retailers are located within the immediate trade area and boast excellent sales figures. The retail corridor contains approximately 6 million square feet of retail space and attracts an estimated 40 million visitors per year within one mile. Hartman's business plan is to stabilize the center at submarket rates. Chris Cozby, Chris Gerard and Kevin Holland of CB Richard Ellis represented the seller, Regency Centers and Dave Wheeler and Julian Kwok, CCIM represented the buyer, Hartman Short Term Properties XX, Inc.
Hartman Income REIT's existing Portfolio
Hartman Income REIT, headquartered in Houston, Texas, is a $330,000,000 Real Estate Investment Trust which owns and/or manages 34 properties with 4,770,000 square feet of office, industrial and retail space. Our properties are located in Houston, Dallas and San Antonio, Texas. For more information, please contact Dave Wheeler, at 214-432-3706.

text: Hartman Short Term Properties XX, Inc.

text: Regency Centers

text: CB Richard Ellis

text: Regency Centers

text: CCIM

text: Hartman Short Term Properties XX, Inc.


text:
EX-99.2
5
d228298dex992.htm
EX-99.2
EX-99.2
Exhibit 99.2
Sarepta Therapeutics Announces Proposed $500,000,000 Public Offering of Common Stock
CAMBRIDGE, Mass., Oct. 12, 2021 (GLOBE NEWSWIRE) - Sarepta Therapeutics, Inc. (Nasdaq:SRPT), the leader in precision genetic medicine for rare diseases,
today announced that it is offering to sell, subject to market and other conditions, $500,000,000 in shares of its common stock in an underwritten public offering. Sarepta also intends to grant the underwriters a
30-day
option to purchase up to an additional $75,000,000 in shares of its common stock.
Goldman Sachs &
Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC are acting as the underwriters of the proposed offering.
Sarepta intends to use the net proceeds from the offering principally for the continuation of, and initiation of further, clinical trials, commercialization,
manufacturing, business development activities, including the potential licensing or acquisition of complementary products, technologies and entities, and other general corporate purposes.
The shares are being offered by Sarepta pursuant to an effective shelf registration statement that was previously filed with the Securities and Exchange
Commission (SEC). The offering is being made only by means of a written prospectus and prospectus supplement. A preliminary prospectus supplement relating to and describing the terms of the offering will be filed with the SEC and will be available
on the SEC's website at www.sec.gov. When available, copies of the preliminary prospectus supplement relating to these securities may also be obtained from the offices of Goldman Sachs & Co. LLC, at Prospectus Department, 200 West
Street, New York, New York 10282, by telephone at
866-471-2526,
by facsimile at
212-902-9316
or by
e-mail
at
prospectusgroup-ny@ny.email.gs.com;
J.P. Morgan Securities
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (866)
803-9204,
or by emailing
prospectus-eq_fi@jpmchase.com;
Morgan
Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Raleigh, North Carolina 27560,
Telephone:
1-800-221-1037,
or by email at usa.prospectus@credit-suisse.com. The final terms of the offering will be disclosed in
a final prospectus supplement to be filed with the SEC.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any
securities of Sarepta, nor shall there be any sale of securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or
jurisdiction.
About Sarepta Therapeutics
Sarepta is on an urgent mission: engineer precision genetic medicine for rare diseases that devastate lives and cut futures short. We hold leadership positions
in Duchenne muscular dystrophy (DMD) and limb-girdle muscular dystrophies (LGMDs), and we currently have more than 40 programs in various stages of development. Our vast pipeline is driven by our multi-platform Precision Genetic Medicine Engine in
gene therapy, RNA and gene editing.
Forward-Looking Statements
This press release contains statements that are forward-looking, including the statements about the completion, timing and size of the proposed public
offering of Sarepta's common stock and the intended use of net proceeds. These forward-looking statements involve risks and uncertainties, many of which are beyond Sarepta's control, including risk and uncertainties related to market
conditions and satisfaction of customary closing conditions related to the proposed public offering. Sarepta may be unable to complete the public offering on the anticipated terms or at all. Applicable risks also include those that are included in
the "Risk Factors" section of Sarepta's Quarterly Report on Form
10-Q
for the quarter ended June 30, 2021, and any subsequent SEC filings, including the prospectus supplement related to the
proposed offering to be filed with the SEC. Any forward-looking statement in this press release represents Sarepta's views only as of the date of this press release and should not be relied upon as representing its views as of any subsequent
date. Sarepta does not undertake any obligation to publicly update its forward-looking statements based on events or circumstances after the date hereof, except as required by applicable law.
Source: Sarepta Therapeutics, Inc.
Investor Contact:
Ian Estepan,
617-274-4052
iestepan@sarepta.com
Media Contact:
Tracy Sorrentino,
617-301-8566
tsorrentino@sarepta.com

text: Sarepta Therapeutics, Inc.

text: Sarepta Therapeutics, Inc.


text:
EX-99.1
2
ex99_1.htm
PRESS RELEASE DATED AUGUST 30, 2006 ANNOUNCING THE COMPLETION OF THE SALE OF SLEEP COUNTRY USA
Press Release dated August 30, 2006 announcing the completion of the sale of
Sleep Country USA
Contacts:
Alan H.
Oshiki
Broadgate
Consultants, Inc.
(212)
232-2222
William
S. Creekmuir
Simmons
Company
(770)
392-6768
Dale
R. Carlsen
Sleep
Train
(916)735-1300
For Immediate Release
Simmons Completes
Sale of
Sleep Country USA to Sleep Train
_________________________________________________________________
ATLANTA, August 30, 2006
-
Simmons Company, a leading
manufacturer of premium-branded bedding products,
today announced the completion of the sale of Sleep Country USA, its retail
sales business, to an affiliate of The Sleep Train, Inc., a leading bedding
retailer, for approximately $55 million in cash. The proceeds of the sale
will be used for general corporate purposes.
As
previously announced, Simmons entered into a multi-year supply agreement
with
the combined Sleep Train and Sleep Country USA entities. This agreement is
expected to generate purchases in excess of $300 million.
"We
are
pleased to complete this transaction with Sleep Train, which allows us to
focus
on growing our core manufacturing business", said Simmons' Chairman and Chief
Executive Officer, Charlie Eitel.
Atlanta-based Simmons Company, through its
indirect subsidiary Simmons Bedding Company, is one of the world's largest
mattress manufacturers, manufacturing and marketing a broad range of products
including Beautyrest
®
, BackCare
®
, Natural
Care
TM
Latex, BackCare Kids
®
and Deep
Sleep
®
. Simmons Bedding Company operates 17 conventional
bedding manufacturing facilities and two juvenile bedding manufacturing
facilities across the United States and Puerto Rico. Simmons is committed
to developing superior mattresses and promoting a higher quality sleep
for
consumers around the world. For more information, visit the Company's
website at www.simmons.com.
"SafeHarbor" Statement under Private
Securities Litigation Reform Act of 1995:
This press
release includes forward-looking statements that reflect Simmons' current views
about future events and financial performance. Words such as "estimates,"
"expects", "anticipates", "projects", "plans", "intends", "believes,"
"forecasts" and variations of such words or similar expressions that predict or
indicate future events, results or trends, or that do not relate to historical
matters, identify forward-looking statements. The forward-looking
statements in this press release speak only as of the date of this
release. These forward-looking statements are expressed in good faith and
Simmons believes there is a reasonable basis for them. However, there can
be no assurance that the events, results or trends identified in these
forward-looking statements will occur or be achieved. Investors should not
rely on forward-looking statements because they are subject to a variety
of
risks, uncertainties, and other factors that could cause actual results
to
differ materially from Simmons' expectations. These factors include, but
are not limited to: (i) competitive pricing pressures in the bedding industry;
(ii) legal and regulatory requirements; (iii) the success of Simmons' new
products; (iv) Simmons' relationships with and viability of its major
suppliers; (v) fluctuations in Simmons' costs of raw materials; (vi) Simmons'
relationship with significant customers and licensees; (vii) Simmons' ability to
increase prices on its products and the effect of these price increases
on its
unit sales; (viii) an increase in Simmons' return rates and warranty claims;
(ix) Simmons' labor relations; (x) departure of Simmons' key personnel; (xi)
encroachments on Simmons' intellectual property; (xii) Simmons' product
liability claims; (xiii) Simmons' level of indebtedness; (xiv) interest rate
risks; (xv) compliance with covenants in Simmons' debt agreements; (xvi)
Simmons' future acquisitions; (xvii) Simmons' ability to achieve the expected
benefits from the long-term supply agreement with the combined Sleep Train
and
Sleep Country USA entities; and (xviii) other risks and factors identified
from
time to time in Simmons' and Simmons Beddings' reports filed with the Securities
and Exchange Commission ("SEC"). Simmons' undertakes no obligation to
update or revise any forward-looking statements, either to reflect new
developments or for any other reason.
###

text: SLEEP COUNTRY USA

text: Sleep Country USA

text: Simmons

text:
Sleep
Train

text: Simmons

text: Sleep Country USA

text: Sleep Train

text: Simmons

text: Sleep Country USA

text: Sleep Train

text: Simmons

text: Sleep Train

text: Sleep Country USA

text: Sleep Train

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Simmons

text: Sleep Train

text: Sleep Country USA

text: Simmons

text: Simmons

text: Simmons


text:
EX-99.2
3
exh99-2.htm
EXHIBIT 99.2
Unassociated Document
Exhibit 99.2
GRAPHIC
GRAPHIC
FOR IMMEDIATE RELEASE:
FOR MORE INFORMATION CONTACT:
March 24, 2011
CenturyLink: Debra Peterson, 913-323-4881
debra.d.peterson@centurylink.com
Qwest: Tom McMahon, 202-429-3106
tom.mcmahon@qwest.com
Oregon Public Utility Commission Approves CenturyLink-Qwest Merger
Companies Expect to Complete the Transaction and Combine Operations on April 1
MONROE, La. and DENVER - The
Public Utility Commission of Oregon (PUC)
today issued an order approving the
pending merger
between CenturyLink, Inc. (NYSE: CTL) and Qwest Communications (NYSE: Q). This is the final approval needed to complete the merger.
The PUC conducted a substantive review of the transaction, including agreements on wholesale matters the companies reached with several competitive carriers in Oregon and other states.
When the merger is completed, the combined company will serve about 800,000 access lines in the state. As part of the approval process, the companies committed to investing a minimum of $45 million in broadband infrastructure in Oregon over five years.
"With the PUC's approval, CenturyLink and Qwest are another step closer to completing the merger and leveraging their combined strength to develop and deploy innovative communications services for Oregon customers", said John F. Jones, vice president of State Government Affairs at CenturyLink.
"During the PUC's review of the proposed transaction, both Qwest and CenturyLink demonstrated their strong commitments to customer service, which will continue after the merger is completed and the companies combine operations in Oregon", said Judy Peppler, Qwest Oregon president.
The companies expect to close the merger and combine operations on April 1, 2011. As previously announced, the combined company will use the name CenturyLink and its stock will continue to trade on the
New York Stock Exchange
under CenturyLink's current symbol, CTL. Qwest shares outstanding at the end of the business day immediately prior to the close date will convert to CenturyLink shares on the close date at an exchange rate of 0.1664 share of CenturyLink for each share of Qwest.
MERGER UPDATE
·
The merger has been approved by the commissions in 21 states, the District of Columbia and the FCC.
·
CenturyLink and Qwest have agreements with Integra Telecom, Cox Communications and other competitive local exchange carriers, and the U.S. Department of Defense in Arizona, Colorado, Utah and Washington.
·
In October, the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) agreed that the merger is in the public interest.
·
Shareholders from both companies approved the merger in August.
·
The Department of Justice and the Federal Trade Commission cleared the transaction in July after determining there were no antitrust concerns.
·
As of Dec. 31, 2010, CenturyLink served approximately 2.4 million broadband customers, 6.5 million access lines and almost 628,000 satellite video subscribers. On the same date, Qwest served 2.9 million broadband customers, 8.9 million access lines, more than 1 million video subscribers and more than 1 million wireless customers. The combination will create a robust 180,000-route-mile national fiber network, which will increase the combined company's scale and enable the delivery of a diverse mix of service and product offerings
.
SUPPORTING RESOURCES
·
Merger website:
centurylinkqwestmerger.com
.
About CenturyLink
CenturyLink is a leading provider of high-quality broadband, entertainment and voice services over its advanced communications networks to consumers and businesses in 33 states. CenturyLink, headquartered in Monroe, La., is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations. For more information on CenturyLink, visit
www.centurylink.com
.
About Qwest
Customers coast to coast turn to Qwest's industry-leading national fiber-optic network and world-class customer service to meet their communications and entertainment needs. For residential customers,
Qwest
offers a new generation of
fiber-optic-fast Internet
service,
high-speed internet
solutions, as well as
home phone
,
Verizon Wireless
, and
DIRECTV®
services. Fortune 500 companies and other
large businesses
and
wholesale customers
, as well as
small businesses
and
governmental agencies
, choose Qwest to deliver a full suite of network, data and voice services. Additionally, Qwest participates in
Networx
, the largest communications services contract in the world and is recognized as a
leader
in the network services market by leading technology industry analyst firms.
Forward Looking Statements
Except for the historical and factual information contained herein, the matters set forth in this communication, including statements regarding the expected timing and benefits of the acquisition such as efficiencies, cost savings, enhanced revenues, growth potential, market profile and financial strength, and the competitive ability and position of the combined company, and other statements identified by words such as "estimates", "expects", "projects", "plans", and similar expressions are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, many of which are beyond our control. Actual events and results may differ materially from those anticipated, estimated or projected if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. Factors that could affect actual results include but are not limited to: the ability of the parties to timely and successfully receive the required approvals of regulatory agencies and their respective shareholders; the possibility that the anticipated benefits from the acquisition cannot be fully realized or may take longer to realize than expected; the possibility that costs or difficulties related to the integration of Qwest's operations into CenturyLink will be greater than expected; the ability of the combined company to retain and hire key personnel; the timing, success and overall effects of competition from a wide variety of competitive providers; the risks inherent in rapid technological change; the effects of ongoing changes in the regulation of the communications industry; the ability of the combined company to effectively adjust to changes in the communications industry and to successfully introduce new product or service offerings on a timely and cost-effective basis; any adverse developments in commercial disputes or legal proceedings; the ability of the combined company to utilize net operating losses in amounts projected; changes in our future cash requirements; and other risk factors and cautionary statements as detailed from time to time in each of CenturyLink's and Qwest's reports filed with the Securities and Exchange Commission (SEC). There can be no assurance that the proposed acquisition will in fact be consummated. You should be aware that new factors may emerge from time to time and it is not possible for us to identify all such factors nor can we predict the impact of each such factor on the acquisition or the combined company. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this communication. Unless legally required, CenturyLink and Qwest undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
# # # # # #

text: CenturyLink, Inc.

text: Qwest Communications

text: John F. Jones


text:
EX-99.1
10
v050486_ex99-1.htm
CUSIP#
138 748 108
Trading
Symbol: OTC BB CWPC
NEWS
RELEASE
FOR
RELEASE: August 15, 2006
CanWest
Petroleum announces
closing
of combination with Oilsands Quest
Calgary,
Alberta -- CanWest Petroleum Corporation (OTC BB: CWPC) announced today that
it
has completed its combination transaction (the "Combination") with its
subsidiary, Oilsands Quest Inc. As a result of the Combination, which was
approved by the Oilsands Quest minority shareholders earlier today, CanWest
Petroleum now owns 100 percent of the common voting equity shares of Oilsands
Quest.
Each
common share of Oilsands Quest held by other shareholders was exchanged for
8.23
exchangeable shares of Oilsands Quest (the "Exchangeable Shares"), resulting
in
the issuance of 76,504,302 Exchangeable Shares on a fully diluted basis. The
rights, privileges and restrictions governing the Exchangeable Shares provide
that each whole Exchangeable Share may be exchanged for one CanWest Petroleum
common share. Through a voting trust arrangement, the holders of Exchangeable
Shares are entitled to vote at all meetings of holders of common stock of
CanWest Petroleum. Following the Combination, CanWest Petroleum currently has
approximately 179,568,196 issued and outstanding common shares (including common
shares underlying 57,349,388 Exchangeable shares) and, on a fully diluted basis,
232,165,234 common shares.
As
part
of the Combination, the following events occurred:
·
The
board of directors of CanWest Petroleum was reorganized and is now
comprised of T. Murray Wilson (Executive Chairman), Christopher H.
Hopkins, Ronald Phillips, Thomas Milne, William Scott Thompson and
Gordon
Tallman. The officers of the Corporation are now T. Murray Wilson,
Executive Chairman; Christopher H. Hopkins, President and Chief Executive
Officer; Karim Hirji, Chief Financial Officer; and Errin Kimball,
Vice-President, Exploration.
·
CanWest
Petroleum became a reporting issuer in Alberta as of August 11, 2006,
and
on August 14, 2006, filed on SEDAR (www.sedar.com) its annual filings
under National Instrument 51-101 for the year-ended April 30, 2006,
comprised of Form 51-101F1 (statement of bitumen exploration activities
and other information) and Form 51-101F3 (report of management and
directors). As CanWest Petroleum has not attributed any reserves
to its
properties, it has not filed a Form 51-101F2 (report of independent
qualified reserves evaluator or auditor). These filings are also
available
on CanWest Petroleum's website (www.canwestpetroleum.com). In an
earlier
news release dated July 6, 2006, the company's management released
its
estimate of resources which are to be further reported upon by independent
third-party estimate.
2
CanWest
Petroleum has applied for a listing on a senior U.S. exchange. In addition,
the
company intends to seek shareholder approval to change its name to Oilsands
Quest Inc. or a similar name at its upcoming annual shareholder meeting to
be
held this fall.
Commenting
on the Combination, Executive Chairman, T. Murray Wilson, said, "This is a
pivotal step in the reorganization of CanWest Petroleum. The combined team
is
looking forward to capitalizing on the many strengths of both companies".
Christopher H. Hopkins, President & CEO, added, "We are very pleased with
the Combination and welcome the opportunity to work with all
stakeholders".
With
respect to the Combination, TD Securities Inc. acted as financial advisor to
CanWest Petroleum, and CIBC World Markets Inc. acted as financial advisor to
Oilsands Quest. Genuity Capital Markets provided the independent committee
of
the board of directors of Oilsands Quest with its opinion that the consideration
to be received by the shareholders of Oilsands Quest upon completion of the
Combination was fair from a financial point of view to the shareholders of
Oilsands Quest.
Safe
Harbor statement under the Private Securities Litigation Reform Act of 1995:
Except for historical information contained herein, the matters discussed in
this news release are forward-looking statements that involve risks and
uncertainties, including but not limited to economic, competitive, governmental
and technological factors affecting the companies' operations, markets, products
and prices, and including other factors discussed in CanWest Petroleum
Corporation's various filings with the Securities and Exchange
Commission.
For
more information:
Institutional
investors, contact The
Buick
Group
Toll Free
Office
Email
1-877-748-0914
416-915-0915
jbuick@buickgroup.com
Retail
investors, contact Hedlin Lauder Investor Relations Ltd.
Toll Free
Office
Email
1-800-299-7823
403-232-6251
investorrelations@hedlinlauder.com

text: CanWest Petroleum Corporation

text: Oilsands Quest Inc.

text:
Christopher H.
Hopkins

text: Christopher H. Hopkins

text: Karim Hirji

text:
Oilsands
Quest Inc.

text: Christopher H. Hopkins

text: TD Securities Inc.

text: CIBC World Markets Inc.

text: Genuity Capital Markets

override: organization

text:
CanWest Petroleum
Corporation


text:
EX-99.01
4
s105239_ex99-01.htm
EXHIBIT 99.01
Exhibit
99.01
February 6, 2017
Source: H/Cell Energy Corporation
H/Cell
Energy Acquires The Pride Group Pty Ltd
Flemington,
NJ, February 6, 2017 (GLOBE NEWSWIRE) -- H/Cell Energy Corporation (OTCQB-HCCC), a company developing clean energy solutions featuring
hydrogen energy systems, has announced that effective January 31, 2017, it has acquired The Pride Group Pty Ltd ("Pride")
of Queensland, Australia for 3.8 million shares of H/Cell Energy Corporation common stock which is subject to adjustment if the
net tangible asset value does not fall between AUD $200,000 and AUD $300,000 as of the closing date.
Founded
in 1997, Pride has had a successful history of systems integration for a variety of customers in the government and commercial
sector. Pride has three locations and 35 employees and has been a leader in security systems integration www.pridesecurity.com.au
and has launched a new clean energy systems division www.prideenergysystems.com.au to focus on the high growth renewable energy
market in Asia-Pacific.
Steve
Mullane, Managing Director of Pride, stated "We are very excited to join forces with H/Cell Energy Corporation. Their hydrogen
energy technology is clearly cutting edge and gives us the chance to develop opportunities for clean energy solutions in Asia-Pacific".
Andrew
Hidalgo, CEO of H/Cell Energy Corporation, commented "H/Cell Energy Corporation is committed to expanding our company organically
and through strategic acquisitions. The acquisition of Pride allows the company to establish itself in the Asia-Pacific region
where the renewable energy market is experiencing growth. We look forward to successfully assimilating the acquisition and building
shareholder value".
About
H/Cell Energy Corporation:
H/Cell
Energy is a systems integrator that focuses on the implementation requirements of clean energy solutions including solar, battery
technology and hydrogen energy systems. The company serves commercial and government sectors worldwide. Please visit our website
at www.hcellenergy.com for more information.
Forward
Looking Statements:
Certain
statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements may be identified by the use of forward-looking words such as "anticipate", "believe,"
"forecast", "estimate", "expect", and "intend", among others. These forward-looking
statements are based on current expectations and actual results could differ materially. H/Cell Energy Corporation does not undertake
an obligation to update or revise any forward-looking statement. The information set forth herein speaks only as of the date hereof.
H/Cell
Energy Corporation
Investor
Relations
908-837-9097
x-2

text: H/Cell Energy Corporation

text:
H/Cell
Energy

text:
The Pride Group Pty Ltd
Flemington

text: H/Cell Energy Corporation

text: The Pride Group Pty Ltd

text: Pride

text: H/Cell Energy Corporation

text: Pride

text: Pride

text:
Steve
Mullane

text: Pride

text: H/Cell Energy Corporation

text:
Andrew
Hidalgo

text: H/Cell Energy Corporation

text: H/Cell Energy Corporation

text: Pride

text: H/Cell Energy Corporation

text:
H/Cell
Energy

text: H/Cell Energy Corporation

text:
H/Cell
Energy Corporation


text:
EX-99.1
10
v468208_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
NEW YORK REIT COMPLETES OPTION
ACQUISITION IN WORLDWIDE PLAZA BRINGING TOTAL OWNERSHIP TO 98.8 PERCENT
NEW YORK, NY, June 1, 2017 - New York REIT, Inc. ("NYRT"
or the "Company") (NYSE: NYRT), today announced that the Company, through a wholly owned subsidiary, acquired for approximately
$276.7 million an additional 49.9% indirect equity interest in Worldwide Plaza, pursuant to the Company's previously announced
exercise of its option to purchase additional equity interests under the joint venture agreement governing Worldwide Plaza.
As a result of the acquisition, the Company owns a total indirect
equity interest of 98.8% in Worldwide Plaza. The remaining 1.2% indirect equity interest in Worldwide Plaza was retained by the
Company's joint venture partner pursuant to its rights under the joint venture agreement.
Wendy Silverstein, CEO stated, "We are pleased to have
completed this acquisition in a timely manner. NYRT is now well positioned to begin the next phase of its liquidation process.
We look forward to completing that process as quickly and efficiently as possible with a focus on maximizing shareholder value".
Worldwide Plaza is a mixed use building located on Eighth Avenue,
between 49th and 50th Streets in Manhattan containing approximately 2.05 million rentable square feet including approximately 1.8
million rentable square feet of office space.
Additional information regarding the acquisition can be found
in a Form 8-K filed by the Company on June 1, 2017 and available at www.nyrt.com.
About NYRT
NYRT is a publicly traded real estate
investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties,
located in New York City. NYRT's shareholders recently adopted a plan of liquidation pursuant to which NYRT is liquidating and
winding down and, in connection therewith, is seeking to sell its assets in an orderly fashion to maximize shareholder value. For
more information, please visit our website at www.nyrt.com.
Forward-Looking Statements
"Safe Harbor" Statement under the Private Securities
Litigation Reform Act of 1995. The statements in this release state the Company's and management's hopes, intentions, beliefs,
expectations or projections of the future and are forward-looking statements for which the Company claims the protections of the
safe harbor for forward-looking statements under the Private Securities Litigation Reform Act of 1995. It is important to
note that future events and the Company's actual results could differ materially from those described in or contemplated by such
forward-looking statements. Factors that could cause actual results to differ materially from current expectations include,
but are not limited to, (i) general economic conditions, (ii) the inability of major tenants to continue paying their rent obligations
due to bankruptcy, insolvency or general downturn in their business, (iii) local real estate conditions, (iv) increases in interest
rates, (v) increases in operating costs and real estate taxes, (vi) changes in accessibility of debt and equity capital markets
and (vii) the timing of asset sales. Additional information concerning factors that could cause actual results to differ materially
from those forward-looking statements is contained from time to time in the Company's filings with the Securities and Exchange
Commission, copies of which may be obtained from the Company or the Securities and Exchange Commission. The Company refers
you to the documents filed by the Company from time to time with the Securities and Exchange Commission, specifically the section
titled "Risk Factors" in the Company's most recent Annual Report on Form 10-K, as may be updated or supplemented in the
Company's Form 10-Q filings, which discuss these and other factors that could adversely affect the Company's results.
Contacts
Media:
Investor Relations:
Jonathan Keehner
Wendy Silverstein, Chief
Executive Officer
Mahmoud Siddig
New York REIT, Inc.
Joele Frank, Wilkinson
Brimmer Katcher
wsilverstein@nyrt.com
jkeehner@joelefrank.com
(617) 570-4750
msiddig@joelefrank.com
(212) 355-4449
Carolyn Tiffany
Winthrop REIT Advisors,
LLC
ctiffany@winthropcapital.com
(617) 570-4606

text: NEW YORK REIT

text: WORLDWIDE PLAZA

text: New York REIT, Inc.

text: Worldwide Plaza

text: Worldwide Plaza

text: Worldwide Plaza

text: Worldwide Plaza

text: Wendy Silverstein

text: Worldwide Plaza

text: Wendy Silverstein

text: New York REIT, Inc.


text:
EX-99.1
2
ex99x1.htm
EXHIBIT 99.1
ex99x1.htm
Exhibit 99.1
Southern Hospitality Completes Reverse Merger with Art Dimensions, Inc.
Colorado Springs, CO., November 14, 2012 - Southern Hospitality Franchise Holding Corporation ("SH") announced the successful completion of a reverse merger and reorganization with Art Dimensions, Inc. ("ADI") (OTCQB: ATDM). As part of the transaction, SH will trade under the ATDM ticker symbol until a new symbol is assigned. The name change of ADI to Southern Hospitality Development Corporation ("SHDC"), and the new trading symbol are expected to be in effect prior to the end of November. Under this reorganization, SHDC is the first official licensed franchisee of Southern Hospitality BBQ restaurants.
The acquisition and Statement of Merger were filed and effective with the Colorado Secretary of State on November 13, 2012. Upon closing the acquisition, ADI issued a total number of common shares to SH shareholders in exchange for all previous ownership interests in the Company and SHDC shareholders now own approximately 89%. Through this merger, SHDC obtained the exclusive rights as the first and only official licensed franchisee to own and operate Southern Hospitality BBQ restaurants in and for the ownership and operation of up to 30 Southern Hospitality restaurants in the United States.
About Southern Hospitality:
SHDC is the first official franchisee of the Southern Hospitality BBQ brand of restaurants with a location in New York City. Southern Hospitality strives to provide guests with fresh, high quality southern inspired food complimented with an appealing selection of popular micro-brews on tap, an immense list of bottled beers and an extensive variety of over 100 bourbons in a hip and high energy environment. The exceptional Memphis-style barbeque, savory dry-rubbed spare ribs, sweet and saucy baby-back ribs and other sensationally southern-style dishes like crispy fried pickles and creamy cheddar grits are all menu items which are unique in today's upscale casual restaurants.
SHDC plans to build upon the business model by introducing its food, beverage & service strategies in locations traditionally vibrant with a history of attracting a wide range clientele including persons interested in quality food, night-life and entertainment. It is SHDC's hope that its' distinctive barbeque concept, combined with its unparalleled commitment to service and hospitality will appeal to a wide range of users.
SHDC plans on attracting new customers through positive word-of-mouth buzz, traditional advertising channels, media coverage as well as a "strong participation" in many Social Media outlets. In addition, certain Franchisor-owned restaurants may employ their own public relations personnel and engage in numerous promotional activities - such as Bourbon Dinners, BBQ Competitions &Happy Hour Parties to mention a few. SHDC also anticipates hosting fund-raising celebrations to benefit local charities at its restaurants with the support of celebrity personalities.
Combine all of this with Southern Hospitality's warm and welcoming promise of genuine hospitality and superior service, and you've captured the essence of what Southern Hospitality will represent. For more information, please visit the website at
www.shdcrestaurants.com
.
Forward-Looking Statements:
The information in this news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties, including statements regarding the company's business strategy and expectations. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "plan", "intend", "anticipate", "believe", estimate", "predict", "potential", or "continue", the negative of such terms or other comparable terminology. Actual events or results may differ materially. The company disclaims any obligation to publicly update these statements, or disclose any difference between its actual results and those reflected in these statements. The information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Investor Contact:
CSIR Group, LLC
(212) 386 - 7082
Corporate Contact
:
JW Roth, Chairman
(719) 265 - 5821

text: Southern Hospitality

text: Art Dimensions, Inc.

text: SH

text: Art Dimensions, Inc.

text: ADI

text: SH

text: ADI

text: Southern Hospitality

text: Southern Hospitality

text: ADI

text: SH

text: Southern Hospitality

text: Southern Hospitality

text: Southern Hospitality

text: Southern Hospitality

text: Southern Hospitality

text: Southern Hospitality

text: Southern Hospitality


text:
EX-99.1
2
a11-20861_1ex99d1.htm
EX-99.1
EXHIBIT 99.1
News Release
SuperGen Completes Acquisition of Astex Therapeutics
DUBLIN, Calif., July 20, 2011
- SuperGen, Inc. (NASDAQ: SUPG), a pharmaceutical company dedicated to the discovery and development of novel cancer therapies, announced it has closed the transaction to acquire Astex Therapeutics Limited ("Astex"), a privately held, UK-based biotechnology company developing targeted therapies.
Today, Astex Therapeutics Limited became a wholly owned subsidiary of SuperGen, Inc. SuperGen purchased all outstanding shares of Astex for approximately $25 million in cash and 32.4 million shares of SuperGen common stock representing 35 percent of the total post closing shares outstanding. In addition, SuperGen will pay deferred consideration in the amount of $30 million in either stock or cash, at the discretion of the combined entity, over a period of 30 months. SuperGen has assumed all currently outstanding stock options of Astex.
"SuperGen is extremely pleased to close the transaction to acquire Astex Therapeutics Limited", said James S. J. Manuso, chairman and chief executive officer of SuperGen. "The resulting company is expected to be a significant force in oncology drug discovery and development, with a robust pipeline, expected potential future milestone-based revenues of up to $2 billion, plus royalties on approved products, and top-tier partnerships with GlaxoSmithKline, Eisai, Johnson & Johnson, Novartis, and AstraZeneca".
In the third quarter of 2011, SuperGen intends to change its name to Astex Pharmaceuticals, Inc., and expects to be listed on NASDAQ under the symbol ASTX.
Management expects that Astex Pharmaceuticals, Inc. will become recognized as a global leader in innovative oncology drug discovery, development and commercialization, with estimated cash and cash equivalents of more than $120 million post deal closure. The company plans to leverage its royalty revenue stream from
Dacogen
®
(decitabine) for Injection, marketed in North America by Eisai and in the rest of the world by Cilag GmbH International. The combined company's clinical pipeline includes seven drugs in development, four of which are currently in or entering into Phase II clinical trials and three of which are currently partnered with large pharmaceutical companies.
Further information about this transaction is available at http://www.astex-supergen.com, or in the investor relations section of the SuperGen website at http://www.supergen.com. SuperGen plans to provide further information, including revised financial guidance, in its upcoming conference call for the 2011 second quarter.
About SuperGen
SuperGen is a pharmaceutical company dedicated to the discovery and development of novel cancer therapeutics in epigenetic and cell signaling modulation. The Company develops products through biochemical and clinical proof of concept to partner for further development and commercialization. SuperGen developed
Dacogen
and receives significant royalties on global sales.
For more information about SuperGen, please visit http://www.supergen.com.
Contacts:
Timothy L. Enns
Susanna Chau
SuperGen, Inc.
SuperGen, Inc.
Senior Vice President
Manager
Corporate Communications & Business Dev.
Investor Relations
Tel: (925) 560-2810
Tel: (925) 560-2845
E-mail: tenns@supergen.com
E-mail: schau@supergen.com
Alan Roemer
Michael Ares
The Trout Group
Fleishman-Hillard
Managing Director
Senior Vice President
Tel: (646) 378-2945
Tel: (404) 739-0133
E-mail: aroemer@troutgroup.com
michael.ares@fleishman.com
Note on Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including but not limited to, statements regarding the combined entity's ability to successfully integrate the development, research and financial operations of two organizations in two overseas locations, be a significant force in oncology drug development with a robust pipeline, meet cash projections, meet drug development milestones relating to up to $2 billion in potential revenues, have successful research and development capabilities, maintain strong partnerships with large pharmaceutical companies, and maintain revenue streams from Dacogen. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those indicated in such forward-looking statements, including, but not limited to, the ability of the parties to successfully integrate Astex Therapeutics Ltd., our ability to successfully change our name and list shares under a new ticker symbol, our expectations about being a global leader in biotech, and such other risks as identified in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010, the Company's most recent Quarterly Reports on Form 10-Q, and the Company's Proxy Statement filed on May 2, 2011, each as filed with the SEC, which contain and identify important factors that could cause the actual results to differ materially from those contained in the forward-looking statements. The Company assumes no obligation to update any forward-looking statement contained in this press release.

text: SuperGen

text: Astex Therapeutics

text: SuperGen, Inc.

text: Astex Therapeutics Limited

text: Astex

text: Astex Therapeutics Limited

text: SuperGen, Inc.

text: SuperGen

text: Astex

text: SuperGen

text: SuperGen

text: SuperGen

text: Astex

text: SuperGen

text: Astex Therapeutics Limited

text: SuperGen

text: SuperGen

text: Astex

text: Astex

text: SuperGen

text: SuperGen

text: SuperGen

text: SuperGen

text: SuperGen

text: SuperGen

text: SuperGen, Inc.

text: SuperGen, Inc.

text: Astex Therapeutics


text:
EX-99.1
9
ex991.htm
PRESS RELEASE
United States Securities and Exchange Commission EDGAR Filing
Exhibit 99.1
SPEAR & JACKSON, INC.
SHAREHOLDERS APPROVE GOING PRIVATE TRANSACTION
Wellington, FL: October 18, 2007: Spear & Jackson, Inc. ("SJCK"), announced that at a special meeting of its shareholder held earlier today, the Company's shareholders approved a transaction (the "Merger") in which the Company will be merged into Pantene Global Acquisition Corp. (the "Acquisition Sub"). As a result of the Merger, each share of common stock of the Company outstanding (other than shares held by dissenting shareholders and the Acquisition Sub's parent companies) will be converted into the right to receive $1.96 in cash. A letter of transmittal setting forth how the Company's shareholders are to tender their shares will be forwarded by the Company to each shareholder promptly after closing. The Merger will close, and trading in the Company's common stock will cease, at 4:00 pm EST on October 18, 2007.
__________
This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. The forward-looking statements contained in this press release represent our judgment as of the date of this release and you should not unduly rely on such statements. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in the filing may not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

text: SPEAR & JACKSON, INC.

text: Spear & Jackson, Inc.

text: Pantene Global Acquisition Corp.


text:
EX-99.1
2
a05-14920_1ex99d1.htm
EX-99.1
Exhibit 99.1
420
Lexington Avenue. New York, NY
10170. (212) 869-3000. FAX
(212) 869-3989
FOR IMMEDIATE RELEASE
CONTACT:
Stacy Slater
Senior Vice President - Corporate Communications
New Plan Excel Realty Trust, Inc.
212-869-3000
sslater@newplan.com
NEW PLAN
EXCEL REALTY TRUST COMPLETES SALE OF $968 MILLION OF ASSETS
- Board
of Directors Declares $3.00 Per Common Share Special Distribution -
-
Board of Directors Declares Third Quarter Regular Dividend -
NEW YORK, August 10, 2005 - New Plan Excel
Realty Trust, Inc. (NYSE: NXL) today announced that is has completed its previously
announced transactions involving the sale of 69 community and neighborhood
shopping centers to Galileo America LLC ("the US Partnership") for
approximately $968 million, comprised of approximately $928 million in cash and
approximately $40 million of equity in the US Partnership, which represents an
approximate 5.0 percent equity interest in the US Partnership. As a result of the transactions, the number
of community and neighborhood shopping centers owned and managed by New Plan
has increased to 441 properties, including those held in the US Partnership and
the Company's other joint ventures, totaling over 63.1 million square feet of
gross leasable area.
In
conjunction with the closing of the transactions, the Company's Board of
Directors declared a special cash distribution of $3.00 per common share (CUSIP
#648053106). The distribution is payable
on September 27, 2005 to common stockholders of record on August 25,
2005. The Company's shares go
ex-dividend for purposes of the special cash distribution on August 23,
2005.
For
the third quarter of 2005, the Company's Board of Directors declared a regular cash
dividend of $0.3125 per common share (CUSIP #648053106). On an annualized basis, this is the
equivalent of $1.25 per share. The
dividend is payable on October 17, 2005 to common stockholders of record
on October 3, 2005. The Company's
shares go ex-dividend for the purposes of the regular quarterly dividend on September 29,
2005. The Board of Directors also
declared a dividend of $0.975 per depositary share on its 7.8 percent Series D
Cumulative Voting Step-Up Premium Rate Preferred Stock (CUSIP #648053700) to
stockholders of record on October 3, 2005, payable on October 17,
2005. In addition, the Board of
Directors declared a dividend of $0.47656 per depositary share on its 7.625
percent Series E Cumulative Redeemable Preferred Stock (CUSIP #6480538090)
to stockholders of record on October 3, 2005, payable on October 17,
2005.
New
Plan Excel Realty Trust, Inc. is one of the nation's largest real estate
companies, focusing on the ownership and management of community and
neighborhood shopping centers. The
Company operates as a self-administered and self-managed REIT, with a national
portfolio of 461 properties, including 150 properties held through joint
ventures, and total assets as of June 30, 2005 of approximately $4.0
billion. The properties are
strategically located across 39 states and include 441 community and
neighborhood shopping centers, primarily grocery or name-brand discount chain
anchored, with approximately 63.1 million square feet of gross leasable area,
and 20 related retail real estate assets, with approximately 1.8 million square
feet of gross leasable area.
Certain statements in this
release
that
are not historical fact may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results of the Company to differ
materially from historical results or from any results expressed or implied by
such forward-looking statements, including without limitation: national and
local economic, business, real estate and other market conditions; the
competitive environment in which the Company operates; financing risks;
possible future downgrades in our credit ratings; property ownership /
management risks; the level and volatility of interest rates and changes in
capitalization rates with respect to the acquisition and disposition of
properties; financial stability of tenants; the Company's ability to maintain
its status as a REIT for federal income tax purposes; acquisition, disposition,
development and joint venture risks, including risks that developments and
redevelopments are not completed on time or on budget and strategies, actions
and performance of affiliates that the Company may not control; potential
environmental and other liabilities; and other factors affecting the real
estate industry generally. The Company refers you to the documents filed by the
Company from time to time with the Securities and Exchange Commission,
specifically the section titled "Business-Risk Factors" in the Company's
Annual Report on Form 10-K for the year ended December 31, 2004,
which discuss these and other factors that could adversely affect the Company's
results.
# # #

text: Realty Trust, Inc.

text: Realty Trust, Inc.

text: Galileo America LLC

text: Realty Trust, Inc.


text:
EX-99
3
i00149_ex99.htm
KeyOn Closes Third Acquisition under Rural UniFi Program
KeyOn's seventh acquisition comprises network assets in Illinois
OMAHA, NE
(April 2, 2010) --
KeyOn Communications Holdings, Inc.
(OTCBB:
KEYO
), one of the largest providers of wireless broadband, satellite video and voice over Internet protocol (VoIP) services in the United States, announced closing the acquisition of substantially all of
the assets of RidgeviewTel's Illinois nework. RidgeviewTel's Illinois network assets and wireless broadband subscribers are adjacent to with KeyOn's existing Illinois markets. As with prior acquisitions, the proximity of the network and other synergies are intended to allow the company to efficiently integrate operations, resulting in immediate expense savings.
Jason Lazar, KeyOn's Vice President of Corporate Development and General Counsel, stated, "The RVT network is a great addition to our network footprint in Illinois. Not only does it add to our subscriber base, but also affords us the opportunity to utilize RVT's sophisticated network management software currently operating the network. Rural UniFi is one of our core growth initiatives
and we remain in active discussions with several qualified candidates." KeyOn anticipates generating over $150,000 in annualized revenue and deriving EBITDA margins of approximately 50% in connection with the acquired assets.
Because of the lack of available broadband options, rural markets are often served by independent wireless operators who provide valuable broadband services to their communities. Estimates put the number of independent wireless broadband companies at over 2,000, making the industry quite fragmented. Historically, without access to capital, these companies can experience growth challenges, as well as
inefficient cost structures associated with smaller customer bases. These factors have contributed to the fact that rural markets lag their urban and suburban counterparts in terms of home broadband penetration by over 20 percent (approximately 46% versus 67% broadband penetration for suburban and urban, respectively).
"We are pleased to have completed this transaction and believe it is good for RidgeviewTel, KeyOn and the customers served in these markets." commented Vince Jordan, President and CEO of RidgeviewTel."We appreciate KeyOn's strategy for building scale in the rural wireless broadband industry with Rural UniFi and look forward to participating in KeyOn's success".
Interested wireless broadband operators can visit KeyOn's unique initiative through the company's website (www.keyon.com/ruralunifi.html) where they can receive more information and begin the qualification process.
About KeyOn Communications Holdings, Inc.
KeyOn Communications Holdings Inc. (OTC BB: KEYO) is one of the largest providers of wireless broadband, satellite and voice over Internet protocol (VoIP) services in the United States, primarily targeting underserved markets with populations generally less than 50,000. KeyOn offers broadband services with VoIP and satellite video services to both residential and business subscribers
across 11 Western and Midwestern states. Through a combination of organic growth and acquisitions, KeyOn has expanded its network footprint to reach approximately 50,000 square miles and cover nearly 2,500,000 people as well as small-to-medium businesses. With its successful track record of acquiring companies and growing its core subscriber base, KeyOn is one of the leading wireless broadband companies in the United States. Management intends to drive subscriber growth through
additional acquisitions as well as organic growth across the company's expanding footprint by offering bundled services including broadband, video, VoIP and related valuable services such as the Bullseye Club. The
company also intends to opportunistically build mobile and/or nomadic WiMAX networks in and around its market footprint. More information on KeyOn can be found at
http://www.keyon.com
.
Non-GAAP Measures
This press release includes disclosure regarding "Adjusted EBITDA" which is a measurement used by KeyOn Communications to monitor business performance and are not recognized measures under GAAP (generally accepted accounting principles). Accordingly, investors are cautioned in using or relying upon these measures as alternatives to recognized GAAP measures.
"Adjusted EBITDA" is defined as earnings or loss from operations adjusted for depreciation, amortization, goodwill impairment and non-cash stock based compensation expenses. Adjusted EBITDA should not be construed as an alternative to operating loss as defined by GAAP.
Safe Harbor Statement
Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements may include, without
limitation, the company's expectations regarding: future financial and operating performance and financial condition; plans, objectives and strategies; product development; industry conditions; the strength of its balance sheet; and liquidity and financing needs. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside of the
company's control, which could cause actual results to differ materially from such statements, including, without limitation, the company's ability to secure ARRA stimulus funding, its ability to successfully complete accretive acquisitions and grow its business organically, the company's reliance on multi-user unlicensed spectrum to service subscribers, competition from larger and better financed providers, the company's reliance on third party sales
representatives and new and more burdensome telecommunications' regulations. For a more detailed description of the factors that could cause such a difference, please refer to the company's filings with the Securities and Exchange Commission, including the information under the headings "Risk Factors" and "Forward-Looking Statements" in our Form 10-K filed on April 15, 2009. Consequently, future events and actual results could differ materially from
those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The company undertakes no obligation to update or supplement such forward-looking statements.
Company Contact:
KeyOn Communications Holdings, Inc.
Rory Erchul, 402-998-4044
VP of Marketing
rerchul@keyon.com
www.keyon.com
- or -
Investor Relations Contact:
Liviakis Financial Communications, Inc.
John Liviakis, 415-389-4670
John@Liviakis.com
www.liviakis.com

text: KeyOn

text: KeyOn

text: KeyOn

text: RidgeviewTel

text: RidgeviewTel

text: KeyOn

text: KeyOn

text: KeyOn

text: RidgeviewTel

text: KeyOn

text: Vince Jordan

text: RidgeviewTel

text: KeyOn

text: KeyOn

text: KeyOn

text: KeyOn

text: KeyOn

text: KeyOn

text: KeyOn

text: KeyOn

text: KeyOn

text: KeyOn

text: KeyOn


text:
EX-99.1
2
v112310_ex99-1.htm
Splinternet
Expands Its Holdings in Anti-Terrorism Market By Acquiring Vidiation,
Inc.
Splinternet's
Integrated Unattended Sensor Network Detects Radiological Threats Alerting
Authorities to Dirty Bombs
Norwalk,
CT - April 30, 2008:
Splinternet Holdings, Inc., (OTC BB: SLNH.OB) announced today that it has closed
its acquisition of privately-held Vidiation,
Inc.,
a
development-stage radiation detection marketing company whose team of experts
will help to implement the commercialization of Splinternet's
proven
radiation detection architecture and alert system, DefenTect™.
Illinois-based
Vidiation, Inc., was formed in 2006 to market advanced homeland security
technologies as a defense against the worldwide threat of terrorism. Previously,
Vidiation and Splinternet had cross-reseller agreements for radiation detection
technologies. The companies are committed to creating a critical part of the
protection network against radiological terrorism.
Splinternet's
DefenTect™ gamma radiation detection system integrates a wide-area pervasive
grid of sensors, networked via IP, and a Web-enabled management and messaging
system. When high-energy gamma rays from dirty bomb substances interact with
Splinternet's GammaTect™ sensors, proprietary algorithms analyze the data and
alert authorities to radiation that may pose a security threat.
"Vidiation
and Splinternet are dedicated to developing integrated protection systems to
thwart illegal transport of radiological source material", said James Ackerly,
CEO of Splinternet. "By working together, next generation radiological detection
systems will be accelerated to market".
The
U.S.
regards the prospect of a radiological terrorist attack to be one of its most
serious security challenges, according to homeland security experts, Civitas.
The availability of a wide range of radioactive materials commonly used in
industry potentially provides attackers with increased opportunity to build
radiological dispersal devices (RDDs).
Cesium-137
,
commonly used for treatment in hospitals, or Cobalt-60,
used to
irradiate food, can be turned into terrorist weapons causing drastic economic,
psychological and sociological devastation. DefenTect™ can be deployed in
hospitals, at transit sites, seaports, government buildings, package handling
facilities, entertainment centers and border crossings to defend against
unlawful possession or transport of source materials and ultimately acts of
terrorism using radioactive materials.
About
Splinternet Holdings, Inc.
Splinternet
Holdings, Inc., based in Norwalk, CT, is
a
company whose wholly-owned subsidiaries are Vidiation, Inc., and Splinternet
Communications, Inc. Splinternet
Communications is a developer of products, services and marketing strategies
centered around opportunities in Internet communications. Vidiation,
Inc., (www.vidiation.com)
is a
homeland security technology firm marketing radiation detection systems that
detect threat level radioactive materials used in the manufacture of dirty
bombs
and other terrorist devices. Splinternet Holdings is actively seeking investment
opportunities in private and publicly-held businesses with strategic technology
and market fit which would benefit from using web-based communications.
Splinternet is publicly traded (OTC
BB:
SLNH.OB).
For more
information on Splinternet go to www.splinter.net
Contact:
Laura
Wessner/Vice President of Corporate Development
Splinternet Holdings,
Inc.
203-354-9164
lw@splinter.net

text:
Vidiation,
Inc.

text: Splinternet Holdings, Inc.

text:
Vidiation,
Inc.

text: Vidiation, Inc.

text: James Ackerly

text: Splinternet Holdings, Inc.

text:
Splinternet
Holdings, Inc.

text: Vidiation, Inc.

text:
Vidiation,
Inc.

text:
Splinternet Holdings,
Inc.


text:
EX-99.1
3
a17-19107_1ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Tremor Video Focuses Business as Pure-Play Sell Side Software Platform
Sells Buyer Platform to Taptica
·
Uniquely Positioned as a High-Growth Programmatic Self Service Video Platform
·
Transaction Provides $50 Million of Additional Capital for Strategic Investment and Expansion
August 7, 2017 - New York - Tremor Video (NYSE: TRMR), a leading video monetization software company, announced today that it has agreed to sell its buyer platform to Taptica International, Ltd (AIM: TAP), a global mobile advertising technology platform, for total consideration of $50 million, subject to adjustments set forth in the acquisition agreement. The transaction is expected to close today August 7, 2017.
Transaction Highlights
·
Tremor Video is now a fully programmatic self-service platform for premium video partners.
·
Focuses resources to further expand leadership position in Connected TV and OTT.
·
Provides additional capital for strategic international investment across global sell side portfolio.
·
Eliminates any perceived friction with third party demand partners.
"Today we are at a significant inflection point for Tremor Video", said Paul Caine, Chairman of the Board. "The sale of our buyer platform allows us to focus our investment on the biggest growth-driver of our business. As consumers continue to shift their viewing behavior towards digital video and OTT, we believe there is a large market opportunity to capitalize on these trends as the leading pure play video SSP".
Mark Zagorski, CEO, Tremor Video said, "The transaction provides a clear path to accelerate the expansion of our SSP, which has experienced significant growth since its introduction and triple digit growth year-over-year. This strategic decision positions us even more advantageously with premium video publishers and leading DSPs to support the evolution of video advertising by developing the next generation of software and services for premium video content creators across all devices and formats." Mr. Zagorski added, "Our heritage of excellence, innovation and delivering for our clients will continue to be central to the future of Tremor as we move forward with formidable focus and firepower to invest and enhance our platform".
Paul Caine added, "The demand business is in great hands with Taptica and we look forward to working with them in the future".
The Raine Group acted as exclusive financial advisor on the deal and Cooley LLP acted as legal counsel to Tremor Video in connection with this transaction.
RBC Capital Markets acted as exclusive financial advisor and Naschitz, Brandes, Amir & Co. acted as legal counsel to Taptica in connection with this transaction.
Conference Call and Webcast:
Tremor Video will host a conference call today at 9:00 a.m. ET to discuss the transaction. A live webcast of the event will be available on the Tremor Video Investor Relations website at http://investor.tremorvideo.com. A live domestic dial-in is available at (877) 407-9039 or internationally at (201) 689-8470. Until August 14, 2017, a domestic replay will be available at (844) 512-2921 or internationally at (412) 317-6671, using passcode (13668577), and via webcast on the Tremor Video Investor Relations website.
###
About Tremor Video
Tremor Video (NYSE: TRMR) is a video monetization software company that helps premium publishers maximize advertising return across mobile, desktop, and OTT video inventory, providing greater control, transparency, safety and effectiveness.
Safe Harbor Statement
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, all statements regarding the Company's ability to realize the anticipated benefits and strategic gains from the transaction and receipt of the sale proceeds, all statements regarding the Company's expected future financial position, results of operations, cash flows, business strategy, competitive positions, growth opportunities, plans and objectives of management, and statements containing words such as "anticipate", "approximate", "believe", "plan", "estimate", "expect", "project", "could", "would", "should", "will", "intend", "hope", "may", "potential", "upside", and other similar expressions. Statements in this press release concerning the Company's business outlook or future economic performance, revenues, expenses, or other financial items, together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting the best judgment of the Company based upon currently available information.
Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results may differ materially from the Company's expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties and other factors, many of which the Company is unable to predict or control, that may cause the Company's actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. These statements involve risks, uncertainties, and other factors detailed
from
time
to
time
in
the
Company's
Annual
Report
on
Form
10-K,
Quarterly
Reports
on
Form
10-Q
and
Current
Reports
on
Form
8-K filed with the Securities and Exchange Commission.
Many of these factors are beyond the Company's control. The Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance. The Company disclaims any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements to reflect future events or developments.
Other important risk factors are discussed in Tremor Video's Form 10-K filed March 10, 2017 with the Securities and Exchange Commission ("SEC"), and in subsequent filings of periodic reports with the SEC. The risk factors discussed in the Form 10-K and subsequently filed periodic reports under the heading "Risk Factors" are specifically incorporated by reference in this press release. Forward-looking statements are based on current expectations and speak only as of the date of such statements. Tremor Video undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise.
CONTACT
:
Tremor Video
Investor Relations
Andrew Posen, 212-792-2315
IR@TremorVideo.com
or
John Rego,
732-910-5720
jrego@TremorVideo.com
or
Media
Lekha Rao, 646-226-0254
lrao@tremorvideo.com

text: Tremor Video

text: Taptica

text: Tremor Video

text: Taptica International, Ltd

text: Tremor Video

text: Tremor Video

text: Paul Caine

text: Mark Zagorski

text: Tremor Video

text: Paul Caine

text: Taptica

text: The Raine Group

text: Cooley LLP

text: Tremor Video

text: RBC Capital Markets

text: Naschitz, Brandes, Amir & Co.

text: Taptica

text: Tremor Video

text: Tremor Video

text: Tremor Video

text: Tremor Video

text: Tremor Video

text: Tremor Video

text: Tremor Video

text: Tremor Video


text:
EX-99.2
3
f8k122011a1ex99ii_sinogreen.htm
PRESS RELEASE DATED JANUARY 4, 2012
f8k122011a1ex99ii_sinogreen.htm
Exhibit 99.2
Sino Green Land Corporation Terminates the Lease and Conveys Rights in One of the Metro Green Buildings and Forms a Special Committee
Sino Green Land Corporation (OTCBB: SGLA), a leading distributor of high end fruits and vegetables in China, today announced that the Company entered into an agreement with the contractors of one of the Company's Metro Green buildings to terminate the land lease on one of the Metro Green buildings and convey the Company's rights in the building to the contractors, who are the owners of the building.
The contractors returned 40,015,084 shares of common stock to the Company, and the Company conveyed to the contractors all of the Company's rights in the 26,528 square meter building which the contractors had constructed for the Company at a cost of RMB55,708,000 (approximately $8.4 million based on the conversion rate at the time of construction) and which the Company had intended for use in connection with its Metro Green distribution hub. The Company had previously issued the 40,015,084 shares of common stock to the contractors as payment for the construction costs incurred by the contractors.
The Company also agreed to pay the Contractors interest on the RMB55,708,000 bank loan incurred by the Contractors for a period of one year. The current interest rate is 6.56% and the current annual interest payments are at the rate of RMB 304,541 per month, or approximately $48,000 at the current exchange rate.
Mr. Xiong Luo, CEO and Chairman, stated, "While it was difficult for us to make the decision to terminate the lease on one of the Metro Green buildings, it is a necessary step for us to take to reduce our obligations relating to the Metro Green distribution hub. Because of the lack of financing and the continuing expenses, including lease payments, associated with the operations of a building which is not been used, together with the difficulties relating to the commencement of the Metro Green distribution hub's operations, we entered into this agreement with the contractors. We continue to lease one building for our Metro Green distribution hub operations".
The Company's board of directors created a special committee, consisting of Ka Lim (Louis) Liu, Lei Shi, Karen Tse and Wai Yin Cheng, with Wai Yin Cheng as chairman. The special committee was created to consider financing alternatives and strategic relationships which might be available to the Company, with investors and strategic partners both in the United States and elsewhere, including Hong Kong and China. The board recognized the Company's cash requirements, the difficulty of raising money in the United States market, in view of the current market price of the Company's common stock on the OTC Bulletin Board, the absence of any significant trading in the Company's common stock, the concern that United States investors are showing with respect to Chinese companies in general, and the decline in the Company's net income as reflected in the results of its operations for the three and nine months ended September 30, 2011. In its evaluation of potential financing arrangements, the committee was also authorized to consider financings or other transactions which would result in the Company ceasing to be publicly traded in the United States markets.
About Sino Green Land Corporation
Sino Green Land Corporation is a leading agricultural distributor of high end fruits and vegetables in the People's Republic of China. Since its inception in 2003, Sino Green Land has grown from a small distributor of various produce to become a large distributor of Fuji apples, emperor bananas and tangerine oranges. In the process, Sino Green Land has built a solid reputation, a sophisticated supply chain and a distribution network that stretches from Beijing to Guangzhou. Our website is
http://www.sinogreenland.com
. Information on our website or any other website does not constitute a part of this press release.
Safe Harbor Statement
This press release may contain forward-looking statements. Such statements include, among others, those concerning the company's expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of the Company to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words "believe", "expect", "anticipate", "project", "targets", "optimistic", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to the company's ability to overcome competition in its market; the impact that a downturn or negative changes in the price of the company's products could have on its business and profitability; the company's ability to simultaneously fund the implementation of its business plan and invest in new projects; economic, political, regulatory, legal and foreign exchange risks associated with international expansion; or the loss of key members of the company's senior management; any of the factors and risks mentioned in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" of the Company's Form 10-K annual report for the year ended December 31, 2010 and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Form 10-Q for the quarter ended September 30, 2011, as well as information contained in the Company's other filings with the SEC. The Company assumes no obligation to update any forward-looking statements, except as required by law.

text: Sino Green Land Corporation

text: Sino Green Land Corporation

text: Xiong Luo

text: Sino Green Land Corporation

text: Sino Green Land Corporation


text:
EX-99.1
2
a15-18287_1ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
For more information contact:
Wendy Simpson
Pam Kessler
(805) 981-8655
LTC CLOSES PREVIOUSLY ANNOUNCED PORTFOLIO ACQUISITION
-Portfolio diversification via $142 million investment in 10 Senior Living Communities-
WESTLAKE VILLAGE, CALIFORNIA, August 20, 2015 - LTC Properties, Inc. (NYSE:LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced the completion and closing of the previously announced acquisition of a 10-property portfolio providing independent, assisted living and memory care services totaling 891 units on August 17, 2015. Nine of the properties are located in Wisconsin and one is located in Illinois. The aggregate purchase price paid at closing was $142.0 million funded by utilizing the Company's revolving credit facility.
About LTC Properties
LTC is a self-administered real estate investment trust that primarily invests in seniors housing and health care properties through triple-net lease transactions, mortgage loans and other investments. For more information about LTC, visit the Company's website at www.LTCreit.com.
Forward Looking Statements
This press release includes statements that are not purely historical and are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future. All statements other than historical facts contained in this press release are forward looking statements. These forward looking statements involve a number of risks and uncertainties. Please see LTC's most recent Annual Report on Form 10-K, its subsequent Quarterly Reports on Form 10-Q, and its other publicly available filings with the Securities and Exchange Commission for a discussion of these and other risks and uncertainties. All forward looking statements included in this press release are based on information available to the Company on the date hereof, and LTC assumes no obligation to update such forward looking statements. Although the Company's management believes that the assumptions and expectations reflected in such forward looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. The actual results achieved by the Company may differ materially from any forward looking statements due to the risks and uncertainties of such statements.
# # #

text: LTC

text: LTC Properties, Inc.

text: LTC

text: LTC

text: LTC

text: LTC

text: LTC