text:
EX-99.1
2
a15-18271_1ex99d1.htm
EX-99.1
Exhibit 99.1
Northwest Bancshares, Inc. Completes Merger with LNB Bancorp, Inc.
WARREN, PA, August 14, 2015 /PRNewswire/ - Northwest Bancshares, Inc. (NASDAQ: NWBI), the holding company for Northwest Bank, announced today that it has successfully completed its merger with LNB Bancorp, Inc. (NASDAQ: LNBB), the holding company for The Lorain National Bank.
William J. Wagner, President and Chief Executive Officer of Northwest Bancshares, Inc., commented, "We are pleased to announce the completion of our merger with LNB Bancorp, Inc. and The Lorain National Bank. The management teams and employees of both Northwest and LNB have worked tirelessly over the past seven months to prepare for the integration of our two companies. We believe that this transaction will help deliver value through increased operating scale and new market opportunities. The combined strength of our institutions will allow us to better serve customers across all of our markets with a wide range of financial products and services, while maintaining the personal service they expect from their community bank".
Under the terms of the merger agreement, shareholders of LNB Bancorp, Inc. elected to receive either 1.461 shares of Northwest Bancshares, Inc. common stock or $18.70 in cash for each common share of LNB Bancorp, Inc., subject to an overall allocation of exchanged shares into 50% cash and 50% shares of stock. Cash will be paid in lieu of fractional shares at a rate of $12.66 per whole share of Northwest Bancshares, Inc. common stock. Northwest Bancshares, Inc. will provide information separately regarding the final results of the consideration election of LNB Bancorp, Inc. shareholders.
Northwest Bancshares, Inc. issued 7,057,229 shares of common stock in the merger (subject to adjustment for cash issued in lieu of fractional shares), and based upon the $12.58 per share closing price of Northwest Bancshares, Inc.'s common stock on August 13, 2015, the transaction value was approximately $179.1 million. The completion of the merger has resulted in a bank with approximately $9.0 billion in total assets, providing banking services through 182 branch locations and 297 ATMs in four states. The transaction has expanded Northwest's franchise by 21 offices located in Lorain, Cuyahoga and Summit Counties in northeastern Ohio.
Boenning & Scattergood served as financial advisor and Luse Gorman, PC served as legal counsel to Northwest in this transaction.
Sandler O'Neill + Partners L.P. served as financial adviser and Calfee, Halter & Griswold LLP served as legal counsel to LNB Bancorp.
About Northwest Bancshares, Inc.
Headquartered in Warren, Pennsylvania, Northwest Bancshares, Inc. is the holding company of Northwest Bank. Founded in 1896, Northwest Bank is a full-service financial institution offering a complete line of business and personal banking products, employee benefits and wealth management services, as well as the fulfillment of business and personal insurance needs. Northwest operates 182 community banking offices in Pennsylvania, New York, Ohio and Maryland and 51 consumer finance offices in Pennsylvania through its subsidiary, Northwest Consumer Discount Company. Northwest Bancshares, Inc.'s common stock is listed on the NASDAQ Global Select Market ("NWBI"). Additional
information regarding Northwest Bancshares, Inc. and Northwest Bank can be accessed on-line at www.northwest.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 giving Northwest Bancshares' expectations or predictions of future financial or business performance or conditions. Forward-looking statements are typically identified by words such as "believe", "expect", "anticipate", "intend", "target", "estimate", "continue", "positions", "prospects" or "potential", by future conditional verbs such as "will", "would", "should", "could" or "may", or by variations of such words or by similar expressions. These forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made and we assume no duty to update forward-looking statements. Actual results may differ materially from current projections.
In addition to factors previously disclosed in Northwest Bancshares' and LNB Bancorp's reports filed with the U.S. Securities and Exchange Commission (the "SEC") and those identified elsewhere in this document, the following factors among others, could cause actual results to differ materially from forward-looking statements or historical performance: difficulties and delays in integrating LNB Bancorp's business or fully realizing cost savings and other benefits; business disruption following the merger; changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; customer acceptance of Northwest Bancshares' products and services; customer borrowing, repayment, investment and deposit practices; customer disintermediation; the introduction, withdrawal, success and timing of business initiatives; competitive conditions; the inability to realize cost savings or revenues or to implement integration plans and other consequences associated with mergers, acquisitions and divestitures; economic conditions; and the impact, extent and timing of technological changes, capital management activities, and other actions of the Federal Reserve Board and legislative and regulatory actions and reforms.
SOURCE Northwest Bancshares, Inc.
Contact:
William J. Wagner, President and CEO, Northwest Bancshares, Inc.

text: Northwest Bancshares, Inc.

text: LNB Bancorp, Inc.

text: Northwest Bancshares, Inc.

text: LNB Bancorp, Inc.

text: William J. Wagner

text: Northwest Bancshares, Inc.

text: LNB Bancorp, Inc.

text: LNB Bancorp, Inc.

text: Northwest Bancshares, Inc.

text: LNB Bancorp, Inc.

text: Northwest Bancshares, Inc.

text: Northwest Bancshares, Inc.

text: LNB Bancorp, Inc.

text: Northwest Bancshares, Inc.

text: Northwest Bancshares, Inc.

text: Boenning & Scattergood

text: Luse Gorman, PC

text: Sandler O'Neill + Partners L.P.

text: Calfee, Halter & Griswold LLP

text: Northwest Bancshares, Inc.

text: Northwest Bancshares, Inc.

text: Northwest Bancshares, Inc.

text: Northwest Bancshares, Inc.

text: Northwest Bancshares, Inc.

text: William J. Wagner

text: Northwest Bancshares, Inc.


dataset: buster

text:
EX-99.1
4
d674027dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
For Media Inquiries:
Brian Little of Bojangles' Restaurants, Inc.
704.519.2118
David
Millar/Danya Al-Qattan
Sard Verbinnen & Co
212.687.8080
Bojangles', Inc., Durational Capital Management and The Jordan Company Complete Acquisition
CHARLOTTE, N.C. - (Globe Newswire) - January
28, 2019
- Bojangles', Inc.
("Bojangles'" or the "Company") (NASDAQ: BOJA) announced that its
all-cash
acquisition by Durational Capital Management LP and The Jordan Company, L.P. is complete, effective today.
The acquisition was previously announced on November 6, 2018.
Bojangles' will operate as an independent, privately-held company and will remain
based in Charlotte, N.C.
"We are pleased to have successfully completed this transaction in partnership with Bojangles' and The
Jordan Company", said Eric Sobotka, Managing Partner at Durational Capital Management. "We are excited to begin working with the Bojangles' team, employees and franchisees to execute a long-term growth strategy that will fully realize
the strong potential of the iconic Bojangles' brand".
Ian Arons, Partner at The Jordan Company, said: "We believe the
completion of this acquisition represents an exciting next chapter for Bojangles'. As a private company, and with our and Durational's support, Bojangles' will be able to further strengthen its operations while expanding its brand and
market presence".
Under the terms of the merger agreement, Bojangles' stockholders will receive $16.10 per share in cash. As a
result of the closing of the transaction, Bojangles' common stock has ceased trading as of today on the NASDAQ Global Select Market and will be delisted.
The Company also announced the addition of two key executives to its leadership team.
Jose Armario will lead the brand as its permanent new Chief Executive Officer. Armario has 38 years of senior leadership experience with such
brands as Burger King, Luxottica Group and McDonald's. During his time with McDonald's Corporation, Armario served in several prominent leadership positions including President of McDonald's Chile, Group President of McDonald's
Canada and Latin America, and Executive Vice President of Worldwide Supply Chain, Development and Franchising.
Brian Unger has been named
Chief Operating Officer for Bojangles'. Unger began his
30-year
career in the restaurant business with McDonald's, where he spent more than 20 years eventually rising in the ranks to Senior Vice
President of Operations. Unger has also served as Chief Operating Officer for Einstein Noah Restaurants Group, Inc. and President and Chief Operating Officer for Long John Silver's.
"I am thrilled to be joining the incredibly talented and hardworking team members at Bojangles'", said Armario, Bojangles'
newly appointed Chief Executive Officer. "What this Company and its franchise partners have accomplished over the last four decades is simply amazing. I have visited lots of Bojangles' restaurants across the system where our dedicated team
members are serving the highest quality, best-tasting food in the industry, and I look forward to being part of the exciting future that lies ahead for the Bojangles' brand".
About Bojangles', Inc.
Bojangles', Inc. is a highly differentiated and growing restaurant operator and franchisor dedicated to serving customers high-quality,
craveable food made from our Southern recipes, including breakfast served All Day, Every Day. Founded in 1977 in Charlotte, N.C., Bojangles'
®
serves menu items such as made-from-scratch
biscuit breakfast sandwiches, delicious hand-breaded
bone-in
chicken, flavorful fixin's (sides) and Legendary Iced Tea
®
. At December 30, 2018,
Bojangles' had 759 system-wide restaurants, of which 319 were company-operated and 440 were franchised restaurants, primarily located in the Southeastern United States. For more information, visit www.bojangles.com or follow Bojangles' on
Facebook, Instagram and Twitter.
About Durational Capital Management LP
Based in New York, Durational Capital Management LP is an investment firm that invests in high quality consumer companies. Durational
approaches its investments with a strategic mindset and focuses on driving long-term value creation through partnership with top tier management teams and actively supporting management to drive operational improvements. The firm was founded in
2017, and its investment professionals have extensive experience investing in the consumer sector. For more information, visit: www.durational.com.
About The Jordan Company, L.P.
The
Jordan Company, founded in 1982, is a middle-market private equity firm that has managed funds with original capital commitments in excess of $11 billion since 1987 and a
36-year
track record of investing
in and contributing to the growth of many businesses across a wide range of industries including Industrials, Transportation & Logistics, Healthcare, Consumer, and Telecom, Technology & Utility. The senior investment team has been
investing together for over 20 years and it is supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. Headquartered in New York, TJC also has an office in
Chicago. For more information, visit: www.thejordancompany.com.

label: organization

text: Bojangles', Inc.

label: fund

text: Durational Capital Management

override: fund

text: The Jordan Company

text: Bojangles', Inc.

text: Durational Capital Management LP

review_confirmation: Agent row audit 0000-1259

text: The Jordan Company, L.P.

text:
The
Jordan Company

label: person

text: Eric Sobotka

text: Durational Capital Management

text: Ian Arons

text: The Jordan Company

text: Bojangles', Inc.

text: Bojangles', Inc.

text: Durational Capital Management LP

text: Durational Capital Management LP

text: The Jordan Company, L.P.

text:
The
Jordan Company

source_dataset: expertai/BUSTER

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


text:
EX-99
3
ex99.htm
EXHIBIT 99
ex99.htm
Exhibit 99
FOR IMMEDIATE RELEASE
Contact: Matt Funke, CFO
December 17, 2010
(573) 778-1800
SOUTHERN BANK ANNOUNCES
ACQUISITION OF LOANS AND DEPOSITS
OF FIRST SOUTHERN BANK, BATESVILLE, ARKANSAS
Southern Bank, the wholly-owned subsidiary of Southern Missouri Bancorp, Inc. (the "Company"), today announced that it had entered into a definitive whole-bank purchase and assumption agreement (the "Agreement") with the Federal Deposit Insurance Corporation ("FDIC"), to acquire the deposits and certain assets of First Southern Bank, a full-service bank headquartered in Batesville, Arkansas, with a branch in Searcy, Arkansas. The Arkansas State Bank Department today closed First Southern Bank and appointed the FDIC as receiver.
The two branches previously operated by First Southern Bank will reopen at their regular hours (on Saturday in Searcy, or Monday in Batesville), as branches of Southern Bank. Depositors of First Southern Bank will automatically become depositors of Southern Bank, and deposits will continue to be insured by the FDIC. Depositors of First Southern Bank can continue to access their money by writing checks or using ATM or debit cards, and checks drawn on the bank will continue to be processed; loan customers should continue to make their payments as usual. With this acquisition, Southern Bank will now operate 16 locations, adding new markets in Arkansas to its existing network of branches in Arkansas and Missouri. Southern Bank has no current plans to change rates or terms on retail certificates of deposit, however, customers may withdraw funds without penalty.
Commenting on the announcement, Greg Steffens, President and CEO of Southern Bank, said, "We are pleased today to welcome the customers of First Southern Bank to the Southern Bank family. We value their business, and our highest priority is to provide our new customers with outstanding service. Their deposits are safe, FDIC-insured, and fully accessible in the same manner as they were yesterday. We also welcome the valued employees of the bank who join us today. We want to make this transition easy and comfortable for them, as well.
"We are pleased that our Company's strong asset quality and capital position has enabled us to step in to the Batesville and Searcy markets, where we believe our business model will serve the community well and provide a sound return to our shareholders", Steffens continued.
As a result of the transaction, Southern Bank agreed to assume deposits of approximately $156 million, less some brokered deposits, paying a premium of 0.25% on core deposits. Southern Bank expected to acquire assets totaling approximately $153 million. Loans and other assets acquired were not subject to a loss-share agreement, but loans were acquired at a $17.5 million discount.
Southern Bank is a subsidiary of Southern Missouri Bancorp, Inc., which trades on the NASDAQ Global Market under the ticker "SMBC". The Company reported total assets of $565 million, deposits of $436 million, and stockholders' equity of $47 million at September 30, 2010. For more information about the Company, visit Southern Bank on the web at
www.bankwithsouthern.com
, and click our Investor Relations link.
Except for the historical information contained herein, the matters discussed in this press release may be deemed to be forward-looking statements that involve risks and uncertainties, including changes in economic conditions in the Company's market area, changes in policies by regulatory agencies, fluctuations in interest rates, the risks of lending and investing activities, including changes in the level and direction of loan delinquencies and charge-offs and changes in estimates of the adequacy of the allowance for loan losses, demand for loans and deposits in the Company's market area, and competition. Actual strategies and results in future periods may differ materially from those currently expected. These forward-looking statements represent the Company's judgement as of the date of this release. The Company disclaims however, any intent or obligation to update these forward-looking statements.

text: Matt Funke

text: SOUTHERN BANK

text: FIRST SOUTHERN BANK

text: Southern Bank

text: First Southern Bank

text: First Southern Bank

text: First Southern Bank

text: Southern Bank

text: First Southern Bank

text: Southern Bank

text: First Southern Bank

text: Southern Bank

text: Southern Bank

text: Greg Steffens

text: Southern Bank

text: First Southern Bank

text: Southern Bank

text: Southern Bank

text: Southern Bank

text: Southern Bank

text: Southern Bank


text:
EX-99.1
4
a04-10767_1ex99d1.htm
EX-99.1
Exhibit 99.1
Priceline.com Acquires Active Hotels, a Leading
Internet Hotel Reservation Service in Europe
NORWALK, Conn., September
21, 2004... Priceline.com® (Nasdaq: PCLN) announced today that it acquired
Cambridge, UK-based Active Hotels Ltd., one of Europe's leading Internet hotel
reservation services, in a cash transaction valued at approximately US$161
million. Priceline.com said it intends
to retain Active Hotels' current management team, which will continue to manage
Active Hotels as an independent business. Priceline.com also said that Active
Hotels' three top executives and selected other employees reinvested a portion
of the acquisition proceeds back into the Active Hotels business.
Active Hotels works with a wide range of
8,000 properties from B&Bs to 5-star hotels in the UK and throughout
Europe, including major international chains and independents. Its distribution network encompasses
company-owned Web sites, such as
activereservations.com
, as well as approximately 1,500 Web
sites operating throughout Europe.
Active Hotels' reservation services are available in English, French,
Spanish, German and Italian.
"As one of the fastest growing hotel services
in the European market, Active Hotels will play an important part in priceline's
growth plans", said priceline.com President and Chief Executive Officer Jeffery
H. Boyd. "Andrew Phillipps and his team
have built a profitable, supplier-friendly business, which mirrors the
positioning of the priceline and Travelweb hotel businesses".
"This deal is great news for all involved,"
said Andrew Phillipps, Chief Executive of Active Hotels. "For our hotel customers, we expect that this
will provide additional US demand from one of the market leaders. We believe that our pricing model will
continue to put real pressure on competitors.
For Web sites that work with us, the deal should provide low-priced
hotel rooms in the US, complementing our market-leading European stock. Finally, this is great news for Active Hotels
and its staff. Under priceline.com's
ownership and with their backing, we plan to expand still faster and
consolidate our already strong position".
Active Hotels' gross bookings for the 12
months ending September 30, 2004 are expected to be approximately US$160
million, up approximately 100% year-over-year.
Gross bookings refer to the total dollar value inclusive of taxes and
fees of all hotel room nights purchased by consumers. Active Hotels' revenues
for the 12 months ending September 30, 2004 are expected to be approximately
US$22 million, up approximately 115% year-over-year. Active Hotels has been profitable since the 1
st
quarter of 2003. Priceline.com said that
it expected the acquisition to be accretive to its earnings (before non-cash
amortization expense associated with the acquisition) for the 4
th
quarter 2004 and for calendar 2005.
Priceline stated that the acquisition created
opportunities for Active and priceline to work together to expand their
businesses. "Active Hotels has longstanding distribution relationships with a
significant number of other European travel sites and we intend to support
these relationships with added product from priceline.com and Travelweb for
U.S. travel", said Glenn Fogel, Senior Vice President - International of
priceline.com. "We also believe that we can sell Active Hotels' inventory to
our large U.S. customer base for their European travel".
About priceline.com
Priceline.com is a travel service that offers
leisure airline tickets, hotel rooms, rental cars, vacation packages and cruises. Priceline.com also has a personal finance
service that offers home mortgages, refinancing and home equity loans through
an independent licensee. Priceline.com
operates the retail travel Web sites Activehotels.com, Activehotels.co.uk,
Travelweb.com, Lowestfare.com, Rentalcars.com and Breezenet.com. Priceline.com licenses its business model to
independent licensees, including pricelinemortgage and certain international
licensees.
###
Press information: Brian Ek
203-299-8167 (
brian.ek@priceline.com
)
Information About
Forward-Looking Statements
This press release may contain forward-looking statements. These
forward-looking statements are not guarantees of future performance and are
subject to certain risks, uncertainties and assumptions that are difficult to
predict; therefore, actual results may differ materially from those expressed,
implied or forecasted in any such forward-looking statements. Expressions of
future goals and similar expressions including, without limitation, "may", "will,"
"should", "could", "expects", "does not currently expect", "plans", "anticipates,"
"believes", "estimates", "predicts", "potential", "targets", "intends", or "continue,"
reflecting something other than historical fact are intended to identify
forward-looking statements. The following factors, among others, could cause
the Company's actual results to differ materially from those described in the
forward-looking statements: adverse changes in general market conditions for
leisure and other travel products as the result of, among other things,
terrorist attacks; adverse changes in the Company's relationships with airlines
and other product and service providers including, without limitation, the
withdrawal of suppliers from the priceline.com system; the bankruptcy or
insolvency of another major domestic airline; the effects of increased
competition; systems-related failures and/or security breaches; the Company's
ability to protect its intellectual property rights; losses by the Company and
its licensees; legal and regulatory risks and the ability to attract and retain
qualified personnel. For a detailed discussion of these and other factors that
could cause the Company's actual results to differ materially from those
described in the forward-looking statements, please refer to the Company's most
recent Form 10-Q, Form 10-K and Form 8-K filings with the Securities and
Exchange Commission. Unless required by law, the Company undertakes no
obligation to update publicly any forward-looking statements, whether as a
result of new information, future events or otherwise.
2

text: Priceline.com

text: Active Hotels

text: Priceline.com

text: Active Hotels Ltd.

text: Priceline.com

text: Active Hotels

text: Active Hotels

text: Priceline.com

text:
Active
Hotels

text: Active Hotels

text: Active Hotels

text: Active Hotels

text: Active Hotels

text: Active Hotels

text: Active Hotels

text: Active Hotels

text: Active Hotels

text: Active Hotels

text: Priceline.com

text: Active Hotels

text: Active Hotels

text: Priceline.com

text: Priceline.com

text: Priceline.com

text: Priceline.com


text:
EX-99.A
4
exhibit99a.htm
EXHIBIT 99.A
EX-99.a
EXHIBIT
99.A
News
For
Immediate
Release
El
Paso Corporation Closes Acquisition of Medicine Bow Energy
Corporation
HOUSTON,
TEXAS, August 31, 2005
-El Paso
Corporation (NYSE:EP) announced today that it has closed its previously
announced acquisition of Denver-based Medicine Bow Energy Corporation for
$834
million in cash through its wholly owned subsidiary, El Paso Production
Holding Company (EPPH).
The
adjusted purchase price of $834 million is primarily attributable to Medicine
Bow's acquisition of incremental ownership interest in Four Star Oil & Gas
prior to closing. El Paso's ownership of Four Star at closing is 43.1
percent, up from 38.6 percent when the transaction was originally announced.
Estimated proved reserves associated with the Medicine Bow acquisition are
383
billion cubic feet equivalent, and estimated average daily production is
103
million cubic feet equivalent per day. As indicated previously, Four Star's
reserves and volumes will not be consolidated into El Paso Corporation's or El
Paso Production Holding Company's financial reports but will be reported as an
equity interest.
Increased
Presence in Denver
Slightly
more than half of the acquired proved reserves are in the Rocky Mountains,
expanding El Paso's presence in this important region. "We are excited to
increase our presence in the Rockies, and we expect to retain the majority
of
Medicine Bow's talented staff as well as its existing office in downtown
Denver", said Lisa Stewart, president of El Paso's Production and
Non-regulated Operations. "In addition, we plan to move the management of El
Paso's existing Rockies assets to Denver from Houston and will add additional
personnel to the Denver office to focus on expanding our Rockies
presence."
El
Paso Corporation provides natural gas and related energy products in a safe,
efficient, and dependable manner. The company owns North America's largest
natural gas pipeline system and one of North America's largest independent
natural gas producers. For more information, visit www.elpaso.com.
Cautionary
Statement Regarding Forward-Looking Statements
This
release includes forward-looking statements and projections, made in reliance
on
the safe harbor provisions of the Private Securities Litigation Reform Act
of
1995. The company has made every reasonable effort to ensure that the
information and assumptions on which these statements and projections are
based
are current, reasonable, and complete. However, a variety of factors could
cause
actual results to differ materially from the projections, anticipated results
or
other expectations expressed in this release, including, without limitation,
the
ability to implement and achieve our objectives in the long-range plan; our
ability to successfully execute, manage and integrate acquisitions;
uncertainties associated with exploration and production activities; the
successful close of our financing transactions, including the issuance of
equity; and other factors described in the company's (and its affiliates')
Securities and Exchange Commission filings. While the company makes these
statements and projections in good faith, neither the company nor its management
can guarantee that anticipated future results will be achieved. Reference
must
be made to those filings for additional important factors that may affect
actual
results. The company assumes no obligation to publicly update or revise any
forward-looking statements made herein or any other forward-looking statements
made by the company, whether as a result of new information, future events,
or
otherwise.
Contacts
Investor
and
Public Relations
Bruce
L. Connery,
Vice President
Office:
(713)
420-5855
Fax:
(713)
420-4417
Media
Relations
Richard
Wheatley,
Manager
Office:
(713)
420-6828
Fax:
(713)
420-6341

text:
El
Paso Corporation

text:
Medicine Bow Energy
Corporation

text:
El Paso
Corporation

text: Medicine Bow Energy Corporation

text: El Paso Corporation

text: Lisa Stewart

text:
El
Paso Corporation

text:
Bruce
L. Connery


text:
EX-99.1
5
pressrelease.htm
PRESS RELEASE
pressrelease
FOR IMMEDIATE RELEASE
New Source Energy Partners L.P. Announces Services Acquisitions and Confirms Second Quarter Guidance
OKLAHOMA CITY, June 26, 2014 - New Source Energy Partners L.P. (NYSE: NSLP) (the "Partnership" or "New Source") announced today that it has acquired all of the outstanding membership interests in Erick Flowback Services, LLC, an Oklahoma limited liability company ("EFS"), and all of the outstanding membership interests in Rod's Production Services, LLC, an Oklahoma limited liability company ("RPS"). The transaction closed on June 26, 2014 with an effective date of April 1, 2014. EFS and RPS specialize in providing services to oil and natural gas exploration and production companies that increase the safety and efficiencies in pressure-related processes during the completion phase of a well, with a specific focus on well testing and flowback services. EFS and RPS operate primarily in Oklahoma, Texas, Pennsylvania, and Ohio.
The total purchase price for the acquisitions was approximately $116.8 million, consisting of a cash contribution of approximately $57.3 million, Partnership common units valued at approximately $42.7 million, based on a 20 day VWAP, and the assumption of debt of approximately $16.8 million. The former owners are also entitled to earn additional consideration in the form of cash and Partnership common units in the second quarter of 2015 based on a specified multiple of the annualized EBITDA of EFS and RPS for the year ended December 31, 2014, less certain adjustments, specified in the agreement.
Based on the timing of these acquisitions, the Partnership confirms its second quarter 2014 guidance, as outlined in its first quarter 2014 earnings call. Guidance for the second half of 2014 reflecting the oilfield service company acquisitions described above is included in our investor presentation available on our website at www.newsource.com.
"The acquisitions of Erick Flowback Services and Rod's Production Services further exemplifies our commitment to pursuing accretive acquisitions that we believe complement our existing operations. We have identified and acquired what we believe to be the ideal of such candidates. The services provided by EFS and RPS are a natural extension of our existing pressure related services, further expanding our service offerings through the life cycle of the well. Our combined customer base includes many of the most respected firms in our industry", said Kristian Kos, New Source's Chief Executive Officer.
"EFS/RPS' established footprint of infrastructure and people in the Mid-Continent region, along with their growing presence in the Permian and Eagle Ford, complement our own established and growing footprints. Additionally, EFS/RPS extends the Partnership's footprint with their established presence in the Marcellus and Utica, which will broaden our reach into two additional world-class plays. While we have not predicted the benefit of any potential synergies from this transaction, we are confident that such opportunities will come to fruition. From a financial viewpoint, the acquisitions are expected to provide New Source with both greater growth visibility and improved coverage ratios", Kos continued.
Mark Snodgrass, the former Chief Executive Officer of EFS and RPS and new Senior Vice President of MCE, LP commented, "We are very excited to join the New Source family. I believe that Kristian Kos and Dikran Tourian are at the early stages of building an exciting, growth-oriented partnership that will be a great new home for our customers and employees. We couldn't be more pleased with the cultural fit between our organizations".
In addition, the Partnership exercised its option to acquire MidCentral Completion Services, LLC ("MCCS"), an oilfield services company that specializes in providing services to oil and natural gas exploration and production companies that increase the safety and efficiencies in pressure-related processes during the completion phase of a well, such as the installation and pressure-testing of frac trees.
Conference Call
A conference call for investors will be held today at 5:00 p.m. Central Time (6:00 p.m. Eastern Time) to discuss the transaction. The call can be accessed live over the telephone by dialing (877) 705-6003, or for international callers, (201) 493-6725. A replay will be available shortly after the call and can be accessed by dialing (877) 870-5176, or for international callers, (858) 384-5517. The passcode for the replay is 13585798. The replay will be available until July 11, 2014.
Interested parties may also listen to a simultaneous webcast of the conference call by logging onto the Partnership's website at www.newsource.com in the Investors-Presentations link. A replay of the webcast will also be available for approximately 30 days following the call.
About New Source Energy Partners L.P.
New Source Energy Partners L.P. is a vertically integrated independent energy partnership. The Partnership is actively engaged in the development and production of its onshore oil and liquids-rich portfolio that extends across conventional resource reservoirs in east-central Oklahoma. In addition, the Partnership is engaged in oilfield services that specialize in increasing efficiencies and safety in drilling and completion processes through its Oilfield Services Division subsidiaries. For more information on the Partnership, please visit www.newsource.com.
Forward-Looking Statements
This news release contains "forward-looking statements" which are based on current plans and expectations and involve a number of risks and uncertainties that could cause actual results and events to vary materially from the results and other statements contained in this press release. For a full discussion of these risks and uncertainties, please refer to the "Risk Factors" section of the Partnership's Annual Report on Form 10-K for the year ended December 31, 2013 and the information included in the Partnership's quarterly and current reports and other public filings. These forward-looking statements are based on and include the Partnership's expectations as of the date hereof. Subsequent events and market developments could cause the Partnership's expectations to change. While the Partnership may elect to update these forward-looking statements at some point in the future, the Partnership specifically disclaims any obligation to do so, even if new information becomes available, except as may be required by applicable law.
New Source Energy Partners L.P. - Investor & Media Contact
Nick Hodapp
Director of Investor Relations
(405) 272-3028
nhodapp@newsource.com

text: New Source Energy Partners L.P.

override: organization

text: New Source Energy Partners L.P.

text: New Source

text: Erick Flowback Services, LLC

text: New Source

text: New Source

text: New Source

text: MidCentral Completion Services, LLC

text: New Source Energy Partners L.P.

text: New Source Energy Partners L.P.

text: New Source Energy Partners L.P.

text: Nick Hodapp


text:
EX-99.2
4
ex992prclosingofexchangetr.htm
EXHIBIT 99.2
Exhibit
Exhibit 99.2
Magellan Completes Strategic Exchange Transaction
DENVER, August 2, 2016 /Marketwired/ -- Magellan Petroleum Corporation (NASDAQ:MPET) ("Magellan") today announced that on August 1, 2016, the Company completed the exchange and the other transactions contemplated by the Exchange Agreement dated as of March 31, 2016, between Magellan and One Stone Holdings II LP ("One Stone").
J. Thomas Wilson, President and CEO of the Company, commented, "Following the approval of this transaction by our shareholders earlier in July, we are pleased to complete this transaction, which, we believe, was necessary to successfully execute our strategic alternatives review process".
ABOUT MAGELLAN
Magellan Petroleum Corporation is an independent oil and gas exploration and production company. Following the closing of the transactions contemplated by the Exchange Agreement on August 1, 2016, the Company disposed of its CO2-EOR activities and continues to own exploration acreage in the Weald Basin, onshore UK, and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, Australia. Magellan routinely posts important information about the Company on its website at www.magellanpetroleum.com.
For further information, please contact:
Antoine Lafargue
Senior Vice President -- CFO, Treasurer, and Corporate Secretary
720.484.2404
IR@magellanpetroleum.com

text: Magellan Petroleum Corporation

text: One Stone Holdings II LP

text: J. Thomas Wilson

text: Magellan Petroleum Corporation


text:
EX-99.1
4
v424012_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
CONTACT
Shelly Taylor
(800) 978-8136
NEWS RELEASE
staylor@summithealthcarereit.com
FOR IMMEDIATE RELEASE
Summit
Healthcare REIT, Inc. acquires four assisted living
and
memory care facilities in Wisconsin
Lake Forest, Calif., (November 5, 2015)
- Summit Healthcare REIT, Inc. ("Summit" or the "REIT") announced today that it has acquired four
Wisconsin assisted living and memory care facilities. The properties are located in the cities of Green Bay and Appleton, and were
purchased for approximately $18.4 million on November 2, 2015.
The facilities, which have a total of 125
units, have been triple-net leased pursuant to a 12-year term to an affiliate of Compass Senior Living, LLC ("Compass")
which is headquartered in Eugene, Oregon. Its principals, Dennis Garboden and Will Forsyth, have over 30 years of combined experience
in senior housing. Compass also operates another property in the REIT's portfolio.
"We look forward to working again
with Compass on these four new acquisitions", said Kent Eikanas, President and Chief Operating Officer of Summit Healthcare
REIT, Inc. "We have been very pleased with the job they have done for us so far".
About Summit Healthcare REIT, Inc.
Summit is a publicly registered non-traded
REIT that is currently focused on investing in senior housing real estate located throughout the United States. The current portfolio
includes interests in 25 long-term triple-net leased healthcare facilities. Please visit our website at:
http://www.summithealthcarereit.com
For more information, please contact Shelly
Taylor at (800) 978-8136.
This material does not constitute an
offer to sell or a solicitation of an offer to buy Summit Healthcare REIT, Inc.
This release may contain forward-looking
statements relating to the business and financial outlook of Summit Healthcare REIT, Inc. that are based on our current expectations,
estimates, forecasts and projections and are not guarantees of future performance. Actual results may differ materially from those
expressed in these forward-looking statements, and you should not place undue reliance on any such statements. A number of important
factors could cause actual results to differ materially from any forward-looking statements contained in this release. Such factors
include those described in the Risk Factors sections of the Company's annual report on Form 10-K for the year ended December
31, 2014, and quarterly reports for the periods ended March 31, 2015, and June 30, 2015. Forward-looking statements in this document
speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that
may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in
the Private Securities Litigation Reform Act of 1995.
###

text:
Summit
Healthcare REIT, Inc.

text: Summit Healthcare REIT, Inc.

text: Kent Eikanas

text:
Summit Healthcare
REIT, Inc.

text: Summit Healthcare REIT, Inc.

text: Summit Healthcare REIT, Inc.

text: Summit Healthcare REIT, Inc.


text:
EX-99.1
4
ex_101833.htm
EXHIBIT 99.1
ex_101833.htm
Exhibit 99.1
For immediate release
December 18, 2017
Crown Crafts
, Inc.
Enters Into Developmental Toy/Feeding/Baby Care Category
With Acquisition of Sassy®
Gonzales, Louisiana
- Hamco, Inc., a wholly owned subsidiary of Crown Crafts, Inc. (NASDAQ-CM: CRWS), ("Crown Crafts" or the "Company"), today announced the acquisition of the Sassy®-branded developmental toy, feeding and baby care product line of Sassy 14, LLC ("Sassy").
At closing, which was effective after the close of business on Friday, December 15, 2017, the Company paid a preliminary purchase price of $6.5 million for the inventory, intellectual property and certain other assets associated with the Sassy product line and assumed certain related liabilities. The final purchase price, which will be funded from a combination of cash on hand and the Company
's existing revolving credit facility, is subject to adjustment pending the completion of the final inventory valuation. The acquisition is expected to contribute approximately $11 million in net sales annually and to be immediately accretive to earnings.
The Company
plans to immediately integrate the sourcing and sales of the Sassy product line into the Company's facility in Gonzales, Louisiana, while maintaining a product development office in Grand Rapids, Michigan. Through the end of fiscal year 2018, distribution will be provided by a third-party facility in Grand Rapids, where the inventory is currently located. In the first quarter of fiscal year 2019, the Company anticipates a cost of approximately $200,000 to move the remaining inventory to Compton, California, at which time distribution will be integrated into the Company's facility there.
Sassy
, based in Grand Rapids, Michigan, designs innovative, developmental and sensory products that help provide a solid foundation for lifelong learning. Founded in 1982, Sassy became known for the breakthrough Sassy Seat® and later expanded its line to include developmental toys, feeding and baby care products, and disposables. Known as the original developmental infant toy company, Sassy's products include developmental toys, playmats, crib and toy mirrors, bath toys and accessories, feeding products, teethers, organizers and grooming items. Sassy products are sold nationwide through mass-market and specialty retailers, including Walmart, Target and Babies "R" Us. Sassy products are also sold worldwide in approximately 30 countries. More information can be found on
www.sassybaby.com
.
"The addition of Sassy
's well-known brand of developmental baby products to Crown Crafts' portfolio diversifies our offerings and strengthens our position in the infant and juvenile products market", said E. Randall Chestnut, Chairman, President and Chief Executive Officer of the Company. "Sassy has been a dominant player in developmental toys, feeding and care for more than 30 years and will complement our existing business well. We are very excited about our opportunities for strategic growth in this new category", Chestnut continued.
"
Sassy has always set itself apart by creating innovative products that align with babies' learning and developmental milestones", said Susan Hinshaw, who will join the Company from Sassy as Senior Vice President of Marketing. "We are very proud of the brand we've built and we are thrilled about our opportunities for continued growth and expansion as part of the Crown Crafts team".
D.A. Davidson & Company acted as exclusive financial advisor to Sassy on this transaction.
About Crown Crafts, Inc.
Crown Crafts, Inc., founded in 1957, is one of America
's largest producers of infant bedding, toddler bedding and bibs. Crown Crafts, Inc. operates through its three wholly-owned subsidiaries, Crown Crafts Infant Products, Inc., Hamco, Inc. and Carousel Designs, LLC. The Company's subsidiaries market a variety of infant, toddler and juvenile products under Company-owned trademarks as well as licensed collections and exclusive private label programs. Sales are made directly to retailers such as mass merchants, large chain stores and juvenile specialty stores, as well as directly to consumers through
www.babybedding.com
. For more information, visit the Company's website at
www.crowncrafts.com
.
Forward-Looking Statements
The foregoing contains forward-looking statements within the meaning of the Securities Act of 1933, the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Such statements are based upon management
'
s current expectations, projections, estimates and assumptions. Words such as
"
expects,
"
"
believes,
"
"
anticipates
"
and variations of such words and similar expressions identify such forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that may cause future results to differ materially from those suggested by the forward-looking statements. These risks include, among others, general economic conditions, including changes in interest rates, in the overall level of consumer spending and in the price of oil, cotton and other raw materials used in the Company
'
s products, changing competition, changes in the retail environment,
the Company's ability to successfully integrate newly acquired businesses,
the level and pricing of future orders from the Company
'
s customers, the extent to which the Company
'
s business is concentrated in a small number of customers, the Company
'
s dependence upon third-party suppliers, including some located in foreign countries, customer acceptance of both new designs and newly-introduced product lines, actions of competitors that may impact the Company
'
s business, disruptions to transportation systems or shipping lanes used by the Company or its suppliers, and the Company
'
s dependence upon licenses from third parties. Reference is also made to the Company
'
s periodic filings with the Securities and Exchange Commission for additional factors that may impact the Company
'
s results of operations and financial condition. The Company does not undertake to update the forward-looking statements contained herein to conform to actual results or changes in our expectations, whether as a result of new information, future events or otherwise.
Contact:
Olivia W. Elliott
Vice President and Chief Financial Officer
(225) 647-9124
oelliott@crowncrafts.com

text:
Crown Crafts
, Inc.

text: Hamco, Inc.

text: Crown Crafts, Inc.

text: Sassy 14, LLC

text: E. Randall Chestnut

text: D.A. Davidson & Company

text: Crown Crafts, Inc.

text: Crown Crafts, Inc.

text: Crown Crafts, Inc.

text: Hamco, Inc.

text: Olivia W. Elliott


text:
EX-99.1
2
ex_309880.htm
EXHIBIT 99.1 - PRESS RELEASE ANNOUNCING CLOSING OF FRONT LINE POWER CONSTRUCTION, LLC ACQUISITION
ex_309880.htm
Exhibit 99.1
ORBITAL ENERGY GROUP, INC. ANNOUNCES ACQUISITION OF FRONT LINE POWER CONSTRUCTION LLC
Synergistic Acquisition Expected to be Immediately Accretive to Revenue and Earnings and Completes OEG
'
s Transformation into a Full-Service Infrastructure Service Provider
HOUSTON, (November 17, 2021)
- Orbital Energy Group, Inc. (NASDAQ: OEG) ("OEG") today announced it has acquired 100% of Front Line Power Construction LLC ("Front Line", "FLP", or "Company"), a Houston-based full-service electrical infrastructure service company that provides construction, maintenance, and emergency response services for customers since 2010.
The transaction will immediately add significant revenues and earnings to OEG. For the calendar year 2020, FLP's audited results include gross revenues of approximately $58.8 million. Acquiring Front Line moves OEG into a cash flow & EBITDA positive position for 2022, with expected revenues approaching $325,000,000 and EBITDA of 10% or more.
Approximately 90% of FLP's revenues are under multi-year master service agreements with electric utility and telecommunication customers. FLP's excellent track record of safely executing projects for customers has resulted in a revenue compound annual growth rate (CAGR) and EBITDA growth of more than 20% over the last four years.
FLP specializes in installing and maintaining electrical distribution systems and substation infrastructure throughout Texas. The Company is led by Kurt Johnson, who has over 20 years of experience in the electric power, telecommunications, and industrial sectors. The Company serves investor owned utilities, electric cooperatives, telecommunications, and industry customers and has approximately 185 employees.
Front Line will become a wholly-owned subsidiary of OEG. The senior management team, including CEO & Founder, Kurt Johnson, will remain with the company. OEG expects no organizational changes to FLP's successful, long-term operations.
"Front Line Power is the ideal acquisition to serve as our electric power infrastructure platform and to profitably build revenues both organically and through synergistic acquisitions going forward. Further, it enhances OEG's transformation into a full-service energy infrastructure services platform." Stated Jim O'Neil, OEG's Chief Executive Officer and Vice-Chairman, "FLP's remarkable growth is a testament to its ability to proactively provide customers with a comprehensive range of solutions in a market that has significant momentum driven by aging infrastructure, a transition to renewable generation, and in a state, Texas, that has experienced significant population growth".
The Membership Unit Purchase Agreement calls for purchase of the outstanding membership interest in FLP for a gross purchase price of $218.4 million. The purchase is being funded by a $105.0 million 5-year Term Loan, 2-year restricted shares of OEG common stock, and an approximate $85.0 million Promissory Note held by the Sellers.
The term loan is being provided by a consortium of Irradiant Partners, Angelo Gordon, and Barings. Orbital Energy Group was advised by Piper Sandler & Co. FLP was advised and represented in this transaction by Romanchuk & Co.
"Of the many acquisitions in which I have been directly involved in this industry during my career, this transaction with Front Line Power ranks as one of the best. Kurt's leadership style and core values, strategic mindset, and care for his employees and customers coupled with the outstanding job he has done building Front Line Power is highly valued by myself and my board of directors", O'Neil continued. "I look forward to working with Kurt to advance OEG, through its new electric power infrastructure platform, Front Line, to expand our service offerings, geographic footprint, and customer base, and to create shareholder value for years to come".
"Front Line has reached a level where it is important for me to partner with OEG and a proven industry leader like Jim O'Neil to provide long term opportunities for my employees as well as enable us to meet the increasing demands of our customers", explained FLP's Founder & CEO, Kurt Johnson. "As OEG's electrical power platform, I look forward to teaming with Jim, who shares my values and vision, to take our company to the next level".
About Orbital
Orbital Energy Group, Inc. (Nasdaq: OEG) is creating a diversified energy services platform through the acquisition and development of innovative companies. Orbital Energy's group of businesses includes Orbital Power Services, Orbital Solar Services, Orbital Telecom Services and Orbital Gas Systems.
Orbital Power Services provides engineering, construction, maintenance and emergency response solutions to the power, utilities, and midstream markets.
Orbital Solar Services provides engineering, procurement, and construction ("EPC") expertise in the renewable energy industry and established relationships with solar developers and panel manufacturers in the utility scale solar market.
Orbital Telecom Services, operating as Gibson Technical Services, has nationwide locations equipped to effectively support multi-vendor OEM technology environments and outside plant construction operations on an as-needed basis with specialized services in broadband, wireless, outside plant and building technologies, including healthcare. Orbital Gas Systems is a 30-year leader in innovative gas solutions, serving the energy, power and processing markets through the design, installation and commissioning of industrial gas sampling, measurement, and delivery systems.
As a publicly traded company, Orbital Energy is dedicated to maximizing shareholder value. But most important, our commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors, and global community.
For more information please visit: www.orbitalenergygroup.com
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 and Private Securities Litigation Reform Act, as amended, including those relating to the expected use of proceeds. These statements may be identified by the use of forward-looking expressions, including, but not limited to,
"
expect,
"
"
anticipate,
"
"
intend,
"
"
plan,
"
"
believe,
"
"
estimate,
"
"
potential,
"
"
predict,
"
"
project,
"
"
should,
"
"
would
"
and similar expressions and the negatives of those terms. These statements relate to future events and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance, or achievements to be materially different from any results, performance or achievements expressed or implied by the forward-looking statements.
Such factors include the risk factors set forth in the Company
'
s filings with the SEC, including, without limitation, its Annual Report on Form 10-K for the year ended December 31, 2020, its periodic reports on Form 10-Q, and its Current Reports on Form 8-K filed in 2020 and 2021, as well as the risks identified in the shelf registration statement and the prospectus supplement relating to the offering. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. Orbital undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Investor Relations:
Three Part Advisors
John Beisler or Steven Hooser
817-310-8776
investors@orbitalenergygroup.com

text: ORBITAL ENERGY GROUP, INC.

text: FRONT LINE POWER CONSTRUCTION LLC

text: OEG

text: Orbital Energy Group, Inc.

text: OEG

text: OEG

text: Front Line Power Construction LLC

text: Front Line

text: FLP

text: OEG

text: FLP

text: Front Line

text: OEG

text: FLP

text: FLP

text: FLP

text: Front Line

text: OEG

text: OEG

text: FLP

text: OEG

text: OEG

text: FLP

text: FLP

text: OEG

text: Piper Sandler & Co. FLP

text: Romanchuk & Co

text: OEG

text: Front Line

text: Front Line

text: OEG

text: FLP

text: OEG

text: Orbital Energy Group, Inc.

text: OEG


text:
EX-99.1
141
v092954_ex99-1.htm
Unassociated Document
FOR
FURTHER INFORMATION:
AT
INVESTOR RELATIONS INTL:
Zachary
Bryant
Vice
President and Account Group Manager
Ph:
818-382-9718
zbryant@irintl.com
FOR
IMMEDIATE RELEASE
NOVEMBER
8, 2007
CHINA
ARCHITECTURAL ENGINEERING COMPLETES ACQUISITION OF TECHWELL ENGINEERING
LTD.
Façade-System
Firm is Valued at $11.7 Million in Stock and Cash
Transaction
ZHUHAI,
CHINA and LOS ANGELES,
November
8, 2007 - China Architectural Engineering, Inc. (CAE) (AMEX:
RCH),
which specializes in the design,
engineering, fabrication and installation of high-end curtain wall systems,
today announced that it has completed the acquisition of 100% interest in
Techwell Engineering Limited, and its subsidiaries, including Hong Kong
Techwell, Techwell Engineering Limited (Hong Kong), Techwell International
Limited (Macau) and Techwell Building Systems Limited (Shenzhen),
collectively known as "Techwell".
The
total
cost of the transaction was approximately $11.7 million, divided equally between
cash and newly issued CAE stock. The value of CAE's stock issued in the
transaction was based on the closing price as quoted on the American Stock
Exchange on November 5, 2007. CAE said it expects the acquisition to be
accretive and substantially add to its revenue base.
"This
acquisition is a natural next step in CAE's already close and mutually
beneficial relationship with Techwell", said Ken Yi Luo, China Architectural
Engineering's Chairman and CEO. "Using Techwell's international engineering
network in China and CAE as a brand and as a public company for capital, we
expect to be able to win more contracts from international investors in Chinese
projects. Using Techwell's experience with international project management and
familiarity with European and American standards, we expect to be able to win
contracts outside of China".
Mr.
Luo
added, "Techwell has project licenses for Hong Kong and Macau as well as
experience in international project management, which may increase the number
of
CAE's international projects and volume of project supplies. Also we expect the
acquisition of Techwell to allow our existing resources - including our strong
design team, research capability, patented technology, brand name and supplies
-
to be used even more efficiently".
Techwell
is a Hong Kong registered company known for its high end curtain wall and
roofing system construction. Techwell has been in business over 20 years and
has
completed numerous façade construction and roofing projects in Southeast Asia.
Techwell is familiar with British Standard and American Standards procedures,
markets and administration. Previously, Techwell and CAE (and its subsidiaries)
collaborated on several curtain wall and roofing system projects in China.
These
projects have included: Shenzhen International Airport, Guangzhou Opera House,
and Wuhan Grand Theatre. Recently Techwell provided project management services
to the Doha project in Qatar.
After
the
acquisition of Techwell, CAE expects to utilize that Company's vast
international project management experience along with CAE's existing resources
to expand into the international market. This expansion should strengthen the
competitiveness of CAE in the international markets while simultaneously
enhancing the cost efficiency of the project and result in increased realized
profit.
Recently,
CAE and Techwell, joint ventured to bid on several major projects. It is
anticipated that the joint venture bid results will be announced in the near
future.
To
be added to China
Architectural Engineering's investor
lists, please contact Zachary
Bryant
at zbryant@irintl.com
or at 818-382-9718.
About
China Architectural Engineering, Inc.
China
Architectural Engineering (AMEX: RCH), which began operations in 1992,
specializes in the design, engineering and installation of high-end specialty
curtain wall systems, including glass curtain walls, stone curtain walls, metal
curtain walls, roofing systems, and related products, for public works projects
and commercial real estate. CAE has designed and installed nearly one hundred
projects throughout China, including the National Grand Theater, Exhibition
Conservatory of Beijing Botanical Garden, The COSCO Tower at Changlian Avenue
Beijing, and the Wumen Exhibition Hall in Beijing's Forbidden City, and a number
of commercial structures in Southeast Asia. For further information on China
Architectural Engineering please visit www.caebuilding.com.
Forward
Looking Statements
In
addition to historical information, the statements set forth above include
forward-looking statements that may involve risk and uncertainties that could
cause actual results to differ materially from those in the forward-looking
statements. The forward-looking statements are also identified through use
of
the words "believe", "enable", "may", "will", "could", "intends", "estimate,"
"anticipate", "plan", "predict", "probable", "potential", "possible", "should,"
"continue", and other words of similar meaning. Actual results could differ
materially from the expectations contained in forward-looking statements as
a
result of several factors, including regulatory approval requirements and
competitive conditions. These and other factors that may result in differences
are discussed in greater detail in the Company's reports and other filings
with
the Securities and Exchange Commission.
#
#
#

text:
Zachary
Bryant

text:
CHINA
ARCHITECTURAL ENGINEERING

text:
TECHWELL ENGINEERING
LTD.

text: China Architectural Engineering, Inc.

text: Techwell

text: Techwell

text: Techwell Building Systems Limited

text: Techwell

text: Techwell

text:
China Architectural
Engineering

text: Techwell

text: Techwell

text: Techwell

text: Techwell

text: Techwell

text: Techwell

text: Techwell

text: Techwell

text: Techwell

text: Techwell

text: Techwell

text:
China
Architectural Engineering

text:
Zachary
Bryant

text: China Architectural Engineering, Inc.

text:
China
Architectural Engineering

text:
China
Architectural Engineering


text:
EX-99.1
4
a06-3444_1ex99d1.htm
EXHIBIT 99
Exhibit 99.1
Fischer Imaging Reports Service Arrangement with Kodak
DENVER, Jan.
25, 2006 - Fischer Imaging Corporation
(FIMG.PK) entered into an arrangement on January 23, 2006 with Eastman Kodak
Company ("Kodak") for Kodak to offer service and support to the world-wide
installed base of Fischer's mammography products, including SenoScan® digital
mammography and MammoTest® stereotactic breast biopsy systems. As reported earlier, Fischer consummated the
sale of its Mammography Assets (all intellectual property rights used in
Fischer's mammography business, including the SenoScan® and MammoTest® systems)
to Hologic, Inc. on September 29, 2005 ("Hologic Sale"). Fischer, with Hologic's consent, granted
Kodak a non-exclusive limited license to use certain Mammography Assets
necessary to provide service and support on the installed base of SenoScan and
MammoTest systems (the "Service business").
Under the agreement, it is expected that
Kodak's Health Group will provide post-sale support, including telephone customer
technical support and on-site equipment repair and maintenance, to Fischer's
Service customers who enter into a Kodak Service Agreement. "We believe this arrangement will provide our
Mammography customers with access to repair and maintenance support from a
large, reputable and highly responsive organization", said Dr. Gail Schoettler,
Chairperson of the Board.
As a result of this arrangement, Fischer will
notify all of its Mammography service customers and suppliers of Kodak's role
as an authorized service provider. Kodak
will contact Mammography service customers and offer them the opportunity to
enter into a service agreement directly with Kodak. Fischer will offer those customers who desire
to enter into a Service Agreement with Kodak, the ability to terminate their
current service contracts with Fischer without penalty. In addition, Fischer expects to enter into
Service Agreements with Kodak to arrange for Fischer's customers with equipment
still under manufacturer's warranty to receive service and support from Kodak
at no additional cost to those customers. Kodak will also have the right to
have spare parts and consumables manufactured for its use, sale and
distribution.
Fischer intends to continue its Service
business until April 21, 2006, as well as fulfill its contractual obligations
to provide MammoTest to Ethicon Endo-Surgery while it explores strategic
alternatives for its radiology, electrophysiology, and surgical (RE&S)
business. As discussed more fully in the
Form 10-Q for the quarter ended September 30, 2005, management cannot
accurately estimate the amount of distribution to its stockholders, if any,
from the proceeds of the Hologic Sale until the following are finalized or
resolved:
.
decisions related to the strategic alternatives being
investigated, including selling the RE&S business;
.
strategy to exit or reduce costs in the Fischer's
European market;
.
the resolution of Philips' previously announced
intent to terminate its master supply agreement with Fischer;
.
outcome of certain threatened litigation; and
.
the Food and Drug Administration's (FDA)
response to Fischer's corrective action plan to address observations from FDA
inspections.
About Fischer Imaging
Fischer Imaging Corporation services and
manufactures medical imaging systems for the screening and diagnosis of
disease. Fischer Imaging began producing general-purpose x-ray imaging systems
in 1910
and
is the oldest manufacturer of x-ray imaging
devices in the United States. For more information, visit www.fischerimaging.com.
About Kodak's Health Group
Kodak's
Health Group, with 2004 revenues of $2.68 billion, supplies the medical and
dental professions with traditional and digital imaging and information
systems. Its portfolio includes picture archiving and communications systems
(PACS), radiology information systems (RIS), IT solutions, clinical information
solutions, computed and digital radiography systems, laser imagers, mammography
and oncology systems, x-ray film systems, and dental imaging products. Its services
portfolio includes everything from repair and maintenance, to professional
services encompassing integration, storage and archiving, secure e-mail
services - and much more.
Kodak's other major businesses include: Graphic Communications - providing customers
with a range of solutions for prepress, traditional and digital printing, and
document scanning and multi-vendor IT services; Digital & Film Imaging
Systems - providing consumers, professionals and cinematographers with digital
and traditional products and services; and Display & Components - supplying
original equipment manufacturers with imaging sensors as well as intellectual
property and materials for the organic light-emitting diode (OLED) and LCD
display industries.
For
more information about Kodak (NYSE:EK) visit www.kodak.com.
Forward-looking Statements
Certain statements
contained in this News Release constitute "forward-looking" statements within
the meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include:
Kodak's provision of post-sale support to Fischer's Service customers,
Fischer's ability to satisfy service and warranty and product distribution
obligations until the Kodak transition is complete and to facilitate the
transition, plans to sell the RE&S business, resolution of Philips'
announced intent to terminate the Philips Agreement, our plans with respect to
our European operations, the effect on
Fischer of potential or continuing litigation, resolution of FDA matters and
the impact of the foregoing on potential distributions to stockholders. Such forward-looking statements involve a
number of known and unknown risks, uncertainties and other factors that may
cause actual results to differ materially from such forward-looking statements,
certain of which are described as "Risk Factors" in our Form 10-K for the
year-ended December 31, 2004 and are discussed in our Forms 10-Q for the
quarters ending March 31, 2005, June 30, 2005 and September 30, 2005. Readers
are cautioned to avoid placing undue reliance on such forward-looking
statements, which speak only as of the date the statements were made. It is recommended that the above referenced
quarterly reports and annual reports be read together with this News Release
and the annual report on form 10-K for the year ended December 31, 2004 to
better understand our business, results of operations and financial condition
as reported in this document.
Contact:
Michael Klatman, Resonant Communications, 303-581-0509
Note:
KODAK is a trademark of Eastman Kodak Company.

text: Fischer Imaging Corporation

text:
Eastman Kodak
Company

text: Fischer

text: Fischer

text: Mammography Assets

text: Fischer

text: Hologic, Inc.

text: Fischer

text: Mammography Assets

text: Kodak's Health Group

text: Fischer

text: Gail Schoettler

text: Fischer

text: Fischer

text: Fischer

text: Fischer

text: Fischer

text: Fischer

text: Fischer

text: Fischer

text: Fischer

text: Fischer Imaging Corporation

text: Kodak's Health Group

text:
Kodak's
Health Group

text: Fischer

text: Fischer

text: Fischer

text: Eastman Kodak Company


text:
EX-99.1
10
exhibit9.htm
EX-99.1
EX-99.1
Contact
: Jill Swartz, 714.667.8252, ext. 251
jill.swartz@grubb-ellis.com
Grubb & Ellis Healthcare REIT Acquires
Highlands Ranch Healthcare Plaza in Highlands Ranch, Colorado
Santa Ana, California (December 27, 2007) - Grubb & Ellis Healthcare REIT, Inc. has acquired
Highlands Ranch Healthcare Plaza in the Denver suburb of Highlands Ranch, Colorado. The acquisition
closed on December 19, 2007.
Highlands Ranch Healthcare Plaza consists of two adjacent medical office buildings totaling
approximately 80,000 square feet of gross leasable area. Built in 1983 and 1985 on nearly seven
acres, the three-story buildings house a diverse and comprehensive mix of medical services,
including family practice, dermatology, plastic surgery, orthodontics, onsite lab and diagnostic
testing stations, an after-hours urgent care center, and a pharmacy.
Highlands Ranch Healthcare Plaza offers ample parking with 335 parking spaces, resulting in a
parking ratio of 4.2 spaces per 1000 square feet. The property is currently 82 percent occupied by
numerous tenants, including Littleton Pediatric Center, Family & Occupational Medicine and Vision
Care Specialists, P.C.
Highlands Ranch Healthcare Plaza is located less than one mile from the 231-bed Littleton Adventist
Hospital and less than 10 miles from the 156-bed SkyRidge Medical Center. Littleton Adventist
Hospital recently completed a $36 million expansion that added two floors to its south tower.
Highlands Ranch is a 22,000-acre master-planned community in Douglas County, approximately 12 miles
south of Denver, Colorado. In 2005, the community was ranked by Robert Charles Lesser & Co, a
leading independent real estate advisory firm, as one of the top 10 master-planned communities in
the country.
Grubb & Ellis Healthcare REIT purchased the property from BRCP Highlands Ranch, LLC, an
unaffiliated third party, which was represented by Geoff Baukol of CBRE. Financing was provided by
Wachovia Bank, National Association, LaSalle Bank National Association and KeyBank National
Association.
As of December 14, 2007, Grubb & Ellis Healthcare REIT has sold approximately 20.4 million shares
of its common stock, excluding the shares issued under its distribution reinvestment plan, for more
than $203 million through its initial public offering, which began in the third quarter of 2006.
Grubb & Ellis Healthcare REIT offers a monthly distribution of 7.25 percent per annum and has made
17 other geographically-diverse acquisitions valued in excess of $355 million.
About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE), one of the largest and most respected commercial real estate
services companies, is the sponsor of Grubb & Ellis Healthcare REIT, Inc. With more than 130 owned
and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants
and investors comprehensive integrated real estate solutions, including transaction, management,
consulting and investment advisory services supported by proprietary market research and extensive
local market expertise.
Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that
offer individuals and institutions the opportunity to invest in a broad range of real estate
investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges, public
non-traded real estate investment trusts (REITs) and real estate investment funds. As of September
30, 2007, nearly $3 billion in investor equity has been raised for these investment programs. Grubb
& Ellis and its subsidiaries currently manage a growing portfolio of more than 214 million square
feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft
Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please
visit www.grubb-ellis.com.
THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER TO SELL OR THE
SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.

text: Grubb & Ellis Healthcare REIT

text: Grubb & Ellis Healthcare REIT, Inc.

text: Grubb & Ellis Healthcare REIT

text: BRCP Highlands Ranch, LLC

text: CBRE

text: Grubb & Ellis Healthcare REIT

text: Grubb & Ellis Healthcare REIT

text: Grubb & Ellis Healthcare REIT, Inc.


text:
EX-99.1
5
ex99-1.htm
PRESS RELEASE
CAMBER ENERGY, INC. 8-K
Exhibit 99.1
Camber Energy Announces Extinguishment
of CATI Debt
SAN ANTONIO, TX / ACCESSWIRE /
January 24, 2018 /
Camber Energy, Inc. (NYSE American: CEI) (the "Company" or "Camber"), based in San Antonio,
Texas, a growth-oriented, independent oil and gas company engaged in the development of crude oil, natural gas and natural gas
liquids, announced the release of the remaining debt of its wholly owned subsidiary, CATI Operating, LLC ("CATI").
The Company has concluded a transaction
in which CATI provided its lender with an overriding royalty (equal to 0.01 of 8/8ths of all oil and gas) on CATI's remaining
leasehold and the lender released CATI from all remaining indebtedness. The release, which was received Monday and filed in some
counties that same day, discharged approximately $5.8 million in principal and interest outstanding according to CATI's Lender.
The effective date of the release is December 15, 2017.
Additionally, the remaining leasehold
and ownership of CATI was transferred to a third party in exchange for that party's assumption of all plugging and abandonment
liabilities. That transfer was only effective upon the release of the CATI indebtedness and was subject to the overriding royalty
described above. This transfer further reduced the Company's asset retirement obligations related to the above-mentioned
plugging and abandonment liabilities.
Richard N. Azar II, the CEO of Camber
noted that "this release of indebtedness as well as the transfer of the CATI entity with its assets and liabilities further
improves the Company's balance sheet by reducing its liabilities. This is all consistent with the plan to reduce Company
obligations noted previously in my communications to shareholders".
Mr. Azar added, "These transactions
further position the Company to focus on its core Oklahoma assets while evaluating comparable acquisition opportunities in order
to give us an inventory of lower risk opportunities to add to our reserve base and cash flow".
About Camber Energy, Inc.:
Based in San Antonio, Texas,
Camber Energy (NYSE American: CEI) is a growth-oriented, independent oil and gas company engaged in the development of crude oil,
natural gas and natural gas liquids in the Hunton formation in Central Oklahoma in addition to anticipated project development
in the San Andres formation in the Permian Basin. For more information, please visit the Company's website
at
www.camber.energy
.
Safe Harbor Statement
and Disclaimer
This news 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. Forward-looking statements provide our current expectations, opinion, belief
or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will,"
"may", "expects", "projects", "anticipates", "plans", "believes", "estimate,"
"should", and certain of the other foregoing statements may be deemed forward-looking statements. Although Camber believes
that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties
that may cause actual future activities and results to be materially different from those suggested or described in this news release.
These include risks inherent in natural gas and oil drilling and production activities, including risks of fire, explosion, blowouts,
pipe failure, casing collapse, unusual or unexpected formation pressures, environmental hazards, and other operating and production
risks, which may temporarily or permanently reduce production or cause initial production or test results to not be indicative
of future well performance or delay the timing of sales or completion of drilling operations; delays in receipt of drilling permits;
risks with respect to natural gas and oil prices, a material decline which could cause Camber to delay or suspend planned drilling
operations or reduce production levels; risks relating to the availability of capital to fund drilling operations that can be adversely
affected by adverse drilling results, production declines and declines in natural gas and oil prices; risks relating to unexpected
adverse developments in the status of properties; risks associated with the conditions to closing required to be met to obtain
all but the initial $4 million due pursuant to the terms of the Stock Purchase Agreement; risks relating to the absence or delay
in receipt of government approvals or third party consents; and other risks described in Camber's Annual Report on Form 10-K and
other filings with the SEC, available at the SEC's website at www.sec.gov. Investors
are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may
differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The
Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared
by third parties that are not paid for by the Company. The Company's SEC filings are available at http://www.sec.gov.

text: CAMBER ENERGY, INC.

text: CATI

text: Camber Energy, Inc.

text: CATI Operating, LLC

text: CATI

text: CATI

text: CATI

text: CATI

text: CATI

text: CATI

text: CATI

text: CATI

text: Camber Energy, Inc.


text:
EX-99.1
2
v187965_ex99-1.htm
Exhibit
99.1
Media
Contacts:
Emtec,
Inc.
Welz
& Weisel Communications
David
Singer
Nicole
Nolte
Vice
President, Marketing
PR
Contact
P:
973-232-7880
P:
703-218-3555
davidsinger@emtecinc.com
nicole@w2comm.com
Emtec
Enriches Services
Portfolio with
Acquisition of Secure Data
Incorporated
Acquisition
Expands Footprint of Federal and Commercial Clients
Marlton, NJ - June 9, 2010
-
Emtec,
Inc. (OTCBB: ETEC), a niche systems integrator, announced that it has acquired
through its subsidiary, Emtec Federal, Inc., all of the outstanding stock of
Secure Data, Inc. (SDI). The company is a veteran-owned, application services
consulting firm specializing in developing financial and custom web business
applications. SDI's focus has been on agencies within the federal government,
primarily the Department of Defense (DoD) and select commercial
clients.
This is
the second application development acquisition made by Emtec this year. SDI adds
critical project-based application development capabilities for Emtec in the
U.S. and will be a cornerstone of its application services practice in North
America. In addition, the acquisition enhances Emtec's presence in the
Mid-West. Headquartered in O'Fallon, Illinois, a suburb of St. Louis,
Missouri, SDI is a strategic regional complement to Emtec's current office in
the Chicago suburb of Naperville, Illinois and will increase the company's
ability to offer its full portfolio of services in the region.
Ray
Kelly, SDI CEO, will assume the position of Client Executive Director within
Emtec Federal, reporting directly to Brian Mandel, Executive Vice President,
Public Sector. "We are pleased to join Emtec, said
Kelly. "We believe their vision, scale, and portfolio will help us
expand our relationships with our own clients and add a new set of offerings for
all of Emtec's clients. We have been impressed with the speed and
professionalism with which they worked to pull our teams together".
"The
strategic acquisition of SDI continues us on our path of becoming a niche
world-class systems integrator", said Dinesh Desai, Emtec Chairman, CEO, and
President. "In addition to acquiring these new service capabilities we are
adding a highly talented team of IT professionals, many with advanced degrees
and federal government security clearances".
SDI's
development process consists of a set of strict standards to ensure that the
final product is sound and provides the solution for which it was built. These
standards allow the company to offer a variety of software development and
enterprise solutions to its clients including:
·
Custom
application development
·
Business
process redesign
·
Network
management
·
Security
·
Workplace
messaging and collaboration
"SDI is
an extraordinary firm with exceptional individuals providing professional
services to the DoD community", said Brian Mandel. "Adding this to
our DoD and, indeed, our entire Federal portfolio is significant and will
accelerate our growth in this strategic area".
Emtec, Inc.
Emtec, Inc. established in 1964, is a
niche systems integrator providing IT services
and products to the federal, state, local, education and commercial markets.
Emtec helps clients identify and prioritize areas for improvement and then
implement process, technology and business application improvements that reduce
cost, improve service and align the delivery of IT with the needs of their
organization. Emtec's market leading value based management methods, coupled
with best-in-class IT technology, consulting and development services, allow us
to address a wide range of specific client needs, as well as support broader IT
transformation initiatives. Emtec's service capabilities span the
USA, Canada and countries
around the globe. For more information visit: www.emtecinc.com.
###

text:
Emtec,
Inc.

text:
Nicole
Nolte

text: Emtec

text:
Secure Data
Incorporated

text:
Emtec,
Inc.

text: Emtec

text: Secure Data, Inc.

text: SDI

text: SDI

text: Emtec

text: SDI

text: Emtec

text: Emtec

text: SDI

text: Emtec

text: SDI

text: Emtec

text: Emtec

text: Emtec

text: SDI

text: Emtec

text: SDI

text: SDI

text: Emtec, Inc.

text: Emtec, Inc.

text: Emtec

text: Emtec

text: Emtec


text:
EX-99.1
3
a05-20832_1ex99d1.htm
EXHIBIT 99
Exhibit 99.1
Summary:
Aspyra, Inc. (AMEX - APY) announces
closing of merger
between CCA and StorCOMM, Inc.
Contact:
Steven
M. Besbeck
President
and CEO
818.880.6700 x252
FOR IMMEDIATE RELEASE
CALABASAS, CALIFORNIA, (November 23,
2005)… Aspyra, Inc. (AMEX - APY) …
today announced
the successful completion of the merger between Creative Computer Applications, Inc.
(CCA) a provider of clinical information systems (CIS) for hospital and
clinic-based laboratories, pharmacies and medical imaging department, and
StorCOMM, Inc. (StorCOMM) a provider of Picture Archiving Communication
Systems (PACS) and clinical image management systems for the medical imaging
market. The newly merged company is
named Aspyra, Inc.
The transaction was approved by the shareholders of StorCOMM on November 18,
2005 and by the shareholders of CCA on November 21, 2005. The CCA shareholders also approved the
private placement of 1,500,000 common shares and 300,000 warrants for an
aggregate purchase price of $3,000,000.
The corporate headquarters are located in Calabasas, CA, with additional
offices in Jacksonville, FL and international offices located in West Sussex,
UK.
Steven M. Besbeck, President and CEO of Aspyra states: "We are pleased
to complete the closing of the merger and announcement of the new name of our
company, Aspyra, Inc. The combined experience and talent of the two
companies creates a synergy that opens the doors to new product opportunities
that will empower caregivers to provide a higher level of quality patient care.
This is also evident in the meaning of our company name Aspyra- to reach for
and achieve success".
Sam Elliott, Chief International Officer of Aspyra adds: "By providing a single vendor solution for
the global clinical and diagnostic marketplace, we have positioned the company
for further expansion and worldwide success. Our products, now and in the
future, will continue to be used in a variety of diverse healthcare settings".
The announcement of the merger completion comes just days before the
debut of AccessRAD, Aspyra's integrated RIS/PACS solution at the Radiological
Society of North America (RSNA) annual meeting held at Chicago's McCormick
Place, November 27 - Dec. 2., Booth 5753, South Hall. AccessRAD is designed to meet the needs of
acute care hospitals, enterprise-wide delivery networks, and large imaging
enterprises, this end-to-end solution automates processes at every point of
patient and encounter workflow.
Aspyra is a global provider of clinical and diagnostic information
solutions for the healthcare industry. We have accumulated over 35 years of
industry experience, specializing in enterprise-wide systems for hospitals,
multi-specialty clinics, clinical laboratories, imaging departments and
centers, orthopedic environments and pharmacies. Our highly scalable products
may be installed as standalone or integrated to provide a single-vendor
solution. For more information on
Aspyra, its products and services, visit www.aspyra.com
Safe Harbor Statement
This press release may include forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, including
statements related to anticipated revenues, expenses, earnings, operating cash
flows, the outlook for Aspyra's markets and the demand for its products.
Forward-looking statements are not guarantees of future performance and are
inherently subject to uncertainties and other factors which could cause actual
results to differ materially from the forward-looking statement. Such statements are based upon, among other
things, assumptions made by, and information currently available to,
management, including management's own knowledge and assessment of the Company's
industry and competition. Factors that
could cause Aspyra's actual results to differ materially from these
forward-looking statements include among others: whether the combined company
will realize the potential benefits of the merger; the competitive environment;
unexpected technical and marketing difficulties inherent in major product
development efforts; the potential need for changes in our long-term strategy
in response to future developments; future advances in clinical information
technology and procedures, as well as potential changes in government
regulations and healthcare policies; and rapid technological change in the
microelectronics and software industries.
The Company refers interested persons to its most recent Annual Report
on Form 10-KSB and its other SEC filings for a description of additional
uncertainties and factors, which may affect forward-looking statements. The Company assumes no duty to update its
forward-looking statements.

text: StorCOMM, Inc.

text:
Steven
M. Besbeck

text: Creative Computer Applications, Inc

text: StorCOMM, Inc.

text: Steven M. Besbeck


text:
EX-99.1
2
znga-ex991_41.htm
EX-99.1 - PRESS RELEASE
znga-ex991_41.htm
Exhibit 99.1
Zynga Closes Acquisition of Chartboost, a Leading Mobile Advertising and Monetization Platform
●
Zynga Completes Acquisition of Chartboost effective as of August 4, 2021
●
Chartboost Brings to Zynga a Talented Team and Vast Global Audience
●
Consolidated Entity Combines Top-Tier Content and a Proven At-Scale Advertising and Monetization Platform
SAN FRANCISCO (BUSINESS WIRE) - August 5, 2021-
Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, and Chartboost, a leading mobile programmatic advertising and monetization platform, announced today that the companies have closed the transaction under which Zynga acquired 100% of Chartboost for a total purchase price of approximately $250 million in cash. The close of this acquisition is effective as of August 4, 2021.
Chartboost is a unified advertising platform that includes a Demand Side Platform (DSP) as well as Supply Side Platform (SSP) and mediation capabilities delivered through an SDK solution. By leveraging advanced machine learning and data science capabilities, Chartboost brings together premium inventory, global scale and audience-based targeting to optimize programmatic advertising and yields.
Together, Zynga and Chartboost possess all the elements of a complete, next generation platform for mobile advertising leadership: high-quality content, direct player relationships, massive reach and full-stack advertising technology that can be applied across Zynga's game portfolio and Chartboost's advertising partners.
Editor's note:
Key art and broadcast assets available for use at the following link:
https://www.dropbox.com/sh/33v0g7eiebmvxap/AAA_ZksLPygmkeUoQg2oBMyua?dl=0
About Zynga
Zynga is a
global leader in interactive entertainment with a mission to connect the world through games. With massive global reach in more than 175 countries and regions
, Zynga has a diverse portfolio of popular game franchises that have been downloaded more than four billi
on times on mobile, including CSR RacingTM, Empires & PuzzlesTM, Hair ChallengeTM, Harry Potter: Puzzles
& SpellsTM, High Heels!TM, Merge Dragons!TM, Merge Magic!™, Queen BeeTM, Toon Blast™, Toy Blast™, Words With FriendsTM and Zynga PokerTM. With Chartboost, a leading mobile advertising and monetization platform, Zynga is an industry-leading next-generation platform with the ability to optimize programmatic advertising and yields at scale. Founded in 2007, Zynga is headquartered in California with locations in North America, Europe and Asia. For more information, visit www.zynga.com or follow Zynga on Twitter, Instagram, Facebook or the Zynga blog.
About Chartboost
Chartboost is a leading mobile programmatic advertising and monetization platform, which empowers developers to earn high CPMs while connecting marketers to highly engaged audiences through immersive ad experiences. Chartboost has over 100 employees and offices in San Francisco, Beijing, Barcelona and Amsterdam. Visit us at
www.chartboost.com
.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those statements relating to, among other things: the ability to achieve the intended benefits of the acquisition of Chartboost, Inc. ("Chartboost"), and our ability to effectively compete in the global advertising industry. Forward-looking statements often include words such as "projected", "planned", "intend", "will", "anticipate", "believe", "target", "expect", and statements in the future tense are generally forward-looking. These forward-looking statements are not guarantees of future performance and reflect management's current expectations. The achievement or success of the matters covered by such forward-looking statements involves significant risks, uncertainties, and assumptions, and our actual results could differ materially from those predicted or implied. Undue reliance should not be placed on such forward-looking statements, which are based on information available to us on the date hereof. We assume no obligation to update such statements. Factors that could cause actual results to differ include: our ability to effectively integrate Chartboost and achieve the expected benefits of the transaction; the impact of the acquisition on Zynga's and Chartboost's business and operating results and our ability to maintain relationships with business partners; risks of litigation and/or regulatory actions related to the merger; and our ability to effectively compete in the mobile advertising industry. More information about these risks, uncertainties, and assumptions and additional factors that could cause actual results to differ are or will be described in greater detail in our public filings with the Securities and Exchange Commission (the "SEC"), copies of which may be obtained by visiting our Investor Relations website at http://investor.zynga.com or the SEC's web site at www.sec.gov.
Contacts
Investor Relations:
Rebecca Lau
Investors@zynga.com
Media Relations:
Sarah Ross
Sarah@zynga.com

text: Zynga

text: Chartboost

text: Zynga

text: Chartboost effective

text: Chartboost

text: Zynga

text: Zynga Inc.

text: Chartboost

text: Zynga

text: Chartboost

text: Chartboost

text: Chartboost

text: Zynga

text: Chartboost

text: Zynga

text: Chartboost

text: Zynga

text: Zynga

text: Zynga

text: Zynga

text: Chartboost

text: Zynga

text: Zynga

text: Zynga

text: Zynga

text: Chartboost

text: Chartboost

text: Chartboost

text: Chartboost, Inc.

text: Chartboost

text: Chartboost

text: Zynga

text: Chartboost


text:
EX-99
2
exhibit99_1srlivingpressrele.htm
EXHIBIT 99: PRESS RELEASE ISSUED SEPTEMBER 15, 2011
Exhibit 99.1
Exhibit 99.1
Contact: Roger R. Hopkins, Chief Accounting Officer
Phone: (615) 890-9100
NHI Announces the Purchase of an Assisted Living Facility in Georgia
MURFREESBORO, Tenn. - (September 15, 2011) National Health Investors, Inc. (NYSE:NHI) announced today it has closed a $5.4 million purchase of a 60-unit assisted living community with four independent living cottages in Greensboro, Georgia known as Willow Run Retirement Center and has leased the facility to Senior Living Management. The purchase price was funded from NHI's available cash. The assisted living community has been renamed Savannah Court of Lake Oconee.
The Savannah Court at Lake Oconee community, which was built in 1998, attracts private payment for services and is being leased to Senior Living Management for a term of nine years at an initial lease rate of 8.5% plus annual fixed escalators. Senior Living Management now operates or manages 25 assisted living and memory care communities in Georgia, Florida and Pennsylvania. The lease of the Savannah Court facility expands NHI's relationship with Senior Living Management to a total of six communities in a master lease with an initial term expiring in 2020, plus renewal options.
Justin Hutchens, NHI's CEO and President stated, "The acquisition of this stabilized private-pay assisted living community continues the execution of our selective growth plan and expands our relationship with Senior Living Management".
National Health Investors, Inc. is a healthcare real estate investment trust that specializes in the financing of healthcare real estate by purchase and leaseback transactions and by mortgage loans. NHI's investments involve skilled nursing facilities, assisted living facilities, independent living facilities, medical office buildings, an acute psychiatric hospital, an acute care hospital and a transitional rehabilitation center. The common stock of the company trades on the New York Stock Exchange with the symbol NHI. Additional information about NHI, including its most recent press releases, may be obtained on NHI's website at
www.NHIReit.com
.
Statements in this press release that are not historical facts are forward-looking statements. NHI cautions investors that any forward-looking statements may involve risks and uncertainties and are not guarantees of future performance. All forward-looking statements represent NHI's judgment as of the date of this release.
Investors are urged to carefully review and consider the various disclosures made by NHI in its periodic reports filed with the Securities and Exchange Commission, including the risk factors and other information disclosed in NHI's Annual Report on Form 10-K for the most recently ended fiscal year. Copies of these filings are available at no cost on the SEC's website at http://www.sec.gov or on NHI's website at
http://www.NHIReit.com
.

text: NHI

text: National Health Investors, Inc.

text: NHI

text: NHI

text: NHI

text: NHI

text: National Health Investors, Inc.

text: NHI

text: NHI

text: NHI

text: NHI

text: NHI

text: NHI

text: NHI

text: NHI

text: NHI