text:
EX-99.1
2
sciclosepr.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
R1 Completes Acquisition of SCI Solutions
CHICAGO - April 1, 2020 - R1 RCM Inc. (NASDAQ:RCM), a leader in technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced it has completed the acquisition of SCI Solutions, Inc. (SCI).
The combination of R1 and SCI is expected to deliver enhanced value for healthcare providers by enabling them to expand digital front door strategies for their patients, improve operating efficiency, and increase capacity utilization, among other benefits. R1 has made substantial progress toward the planning of a successful integration and anticipates integration efforts to begin shortly.
"We are pleased to complete the acquisition of SCI and look forward to building on the advanced capabilities they have developed", said Joe Flanagan, President and CEO of R1. "With this combination, we believe R1 offers healthcare providers the broadest and deepest tech-enabled patient intake solution on the market".
About R1 RCM
R1 RCM is a leading provider of technology-enabled RCM services which transform and solve revenue cycle performance challenges across hospitals, health systems and group physician practices. R1's proven and scalable operating models seamlessly complement a healthcare organization's infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience. To learn more, visit: r1rcm.com.
About SCI Solutions
SCI Solutions improves the health of the health system by operating the industry's largest EHR-agnostic care coordination marketplace, enabling patients, health plans, referring providers and rendering provider facilities to securely navigate, communicate and transact digitally in more than 400 geographic markets. With its digital engagement solutions, SCI enables health enterprises to offer a consumer-friendly digital front door, giving patients and their providers improved choice and convenience. As a result, health enterprises reduce administrative costs, increase outpatient revenue, and benefit from enhanced patient and referring physician loyalty. For more information, visit scisolutions.com.
Forward Looking Statements This press release includes statements that may constitute "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In particular, statements about future events and relationships, plans, future growth, and future performance, including statements about the acquisition of SCI and the anticipated benefits of the acquisition of SCI, are forward-looking statements. These statements are often identified by the use of words such as "anticipate", "believe", "estimate", "expect", "intend", "designed", "may", "plan", "predict", "project", "would" and similar expressions or variations, although not all forward-looking statements contain these identifying words. We have based these forward-looking statements on our current expectations and projections about future events as of the date hereof and any forward-looking statements contained herein should not be relied upon as representing our views as of any subsequent date. Subsequent events and developments, including actual results or changes in our assumptions, may cause our views to change. While we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Should one or more of these risks and uncertainties materialize, or should underlying assumptions, projections, or expectations prove incorrect, actual results, performance, financial condition, or events may vary materially and adversely from those anticipated, estimated, or expected. Our actual results and outcomes could differ materially from those included in these forward-looking statements as a result of various factors, including, but not limited to risks that the expected benefits from the proposed acquisition of SCI will not be realized or will not be realized within the expected time period, the risk that the businesses will not be integrated successfully, significant transaction costs, unknown or understated liabilities, as well as the factors discussed under the heading "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2019 and any other periodic reports we file with the Securities and Exchange Commission.
Contacts:
Investor Relations
Atif Rahim
R1 RCM Inc.
312.324.5476
investorrelations@r1rcm.com
Media Relations
Natalie Joslin
678.585.1206
media@r1rcm.com

text: SCI Solutions

text: R1 RCM Inc.

text: SCI Solutions

text: SCI

text: SCI

text: SCI

text: Joe Flanagan

text: SCI Solutions

text: SCI Solutions

text: SCI

text: SCI

text: SCI

text: SCI

text: R1 RCM Inc.


dataset: buster

text:
EX-99.2
5
v412237_ex99-2.htm
EXHIBIT 99.2
Exhibit 99.2
OFS CAPITAL CORPORATION SELLS $67.3 MILLION
IN LOWER-YIELDING SENIOR LOANS ABOVE FIRST QUARTER AGGREGATE FAIR VALUE
OFS Plans To Redeploy Proceeds Into
Higher-Yielding Direct Loans, Enhancing Portfolio Yield
CHICAGO-June 2, 2015-OFS Capital Corporation (NASDAQ:
OFS), a business development company specializing in meeting the capital needs of middle market borrowers, announced today that
on May 28, 2015, it sold the majority of its lower-yielding senior club loan portfolio for approximately $67.3 million to Madison
Capital Funding LLC. This sale price is approximately $0.6 million higher than the March 31, 2015 aggregate fair value of the loans
sold, as reported in OFS Capital Corporation's quarterly SEC filings.
OFS Capital Corporation applied approximately $52.4 million
from the sales proceeds to pay in full and retire its senior secured revolving credit facility with Wells Fargo Bank, N.A. OFS
Capital Corporation expects to deploy the remaining cash proceeds to originate higher-yielding direct loans. Since June 2014, OFS
Capital Corporation has increased the weighted average yield on its debt portfolio by more than 200 basis points by continuing
to focus on originating higher-yielding direct loans while de-emphasizing senior club loans.
"This transaction is part of our previously announced
plan to redeploy capital from the lower-yielding senior club loan portfolio into higher-yielding direct loans", said Bilal
Rashid, Chief Executive Officer of OFS Capital Corporation. "We expect to continue to monetize our remaining pool of senior
club loans as and when the company needs additional capital to originate these higher-yielding loans. By repaying the Wells Fargo
facility, we have freed up capital and positioned the balance sheet to continue to provide flexible financing solutions to our
middle-market borrowers and generate attractive risk-adjusted returns for our shareholders".
About OFS Capital Corporation
OFS Capital is an externally managed, closed-end, non-diversified
management investment company that has elected to be regulated as a business development company. OFS Capital's investment objective
is to provide shareholders with both current income and capital appreciation primarily through debt investments and, to a lesser
extent, equity investments. OFS Capital invests primarily in privately-held middle-market companies in the United States, including
lower-middle-market companies, targeting investments of $3 to $20 million in companies with annual EBITDA between $3 million and
$50 million. OFS Capital offers flexible solutions through a variety of asset classes including senior secured loans, which includes
first-lien, second-lien and unitranche loans, as well as subordinated loans and, to a lesser extent, warrants and other minority
equity securities. OFS Capital's investment activities are managed by OFS Capital Management, LLC, an investment adviser registered
under the Investment Advisers Act of 1940 and headquartered in Chicago, Illinois, with additional offices in New York and Los Angeles.
Contacts
MEDIA:
Bill Mendel
212-397-1030
bill@mendelcommunications.com
INVESTOR RELATIONS:
Steve Altebrando
646-783-8473
saltebrando@ofsmanagement.com

label: fund

text: OFS CAPITAL CORPORATION

override: fund

text: OFS Capital Corporation

text:
Madison
Capital Funding LLC

text: OFS Capital Corporation

text: OFS Capital Corporation

text:
OFS
Capital Corporation

text:
OFS
Capital Corporation

label: person

text:
Bilal
Rashid

text: OFS Capital Corporation

text: OFS Capital Corporation

source_dataset: expertai/BUSTER

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


text:
EX-99.1
7
dex991.htm
PRESS RELEASE
Press Release
Exhibit 99.1
Segmentz, Inc. Phase II
Restructuring Plan on Schedule
FOR IMMEDIATE RELEASE
Company Contact
:
Segmentz, Inc.
Jeff Curry
269-695-4955
TAMPA, FL-July 5, 2005-Segmentz, Inc.
(AMEX: SZI),
a provider of transportation and logistics management services to a select client base ranging from mid-sized to Fortune 500 companies, announced today that it has completed the sale of assets from the Temple Trucking business unit
("Temple") to TTSI Holdings, Inc as of July 1, 2005.
TTSI Holdings
and Paul Temple will purchase certain assets of approximately $330,250 in value and receive a $250,000 line of credit for one year at a rate of 6 percent, secured by accounts receivable of TTSI Holdings, Inc. TTSI Holdings Inc. and Mr. Temple will
pay Segmentz Inc. ("Segmentz") the fair market value of the assets through a $105,000, six-year term note at a rate of 6 percent and 265,000 shares of Segmentz, Inc. common stock. Furthermore, Paul Temple released Segmentz from any and all
earn-out obligations under an asset purchase agreement between Segmentz, Paul Temple, and Temple Trucking Services, Inc., dated November 22, 2004. Equipment leases, property leases, and all employment contracts associated with the original Temple
Trucking Services asset purchase agreement and certain additional leases have been assumed by TTSI Holdings, Inc.
The immediate cash requirements to fund this transaction will be aided by the funding provided through the sale of the former Dasher headquarters in Lexington, Kentucky.
Furthermore, management noted that cash flows will be bolstered by the collection of Temple's accounts receivable balances as of July 1, 2005.
Mr. Welch, Chief Executive Officer, commented, "The sale of this business unit, the sale of our building in Lexington and the decrease in the outstanding accounts
receivable balances, along with our existing cash balances, provide sufficient capital to execute the Company's strategy for the foreseeable future. We do not believe we have the need to raise additional capital to fund expected operations.
This transaction is another significant step in our strategy to focus our endeavors in expedited and premium transportation. Paul Temple operates a first-class pick-up and delivery business, but we found the synergies between Temple and our
expedited business were not providing significant enough benefit to our customers. Furthermore, it is our desire to align our growth with owner operators, and this pick up and delivery business is better suited in an asset based model".
As part of the reorganization, the Company is transitioning its corporate
headquarters from Tampa, Florida to Buchanan, Michigan, and Mr. Andrew Norstrud, the Company's Chief Financial Officer, has elected to not relocate his family to Michigan and thus Andrew Norstrud
and the Company has come to a mutual agreement to terminate his employment contract. Andrew Norstrud will continue to
function as the Chief Financial Officer as an at will employee under the same salary and benefits.
Mike Welch, commented, "Andy has greatly assisted the Company with mergers and acquisitions, financial reporting, capital raising and investor relations over the past few years. While we are disappointed he will
not be part of our long-term strategy, however we understand his desire to remain in Florida and wish him the best in his future endeavors".
About Segmentz, Inc.
Segmentz, Inc. is a provider of premium transportation and logistics management services to its target client base, ranging from mid-sized to Fortune 500 companies. The
Company's services place an emphasis on ground expedited, air expedited and special handling services. Other services include: regional trucking, dedicated delivery and supply chain management services. The Company operates a network of
terminals in the Southeast and Midwest United States. All these Company services focus on same-day and next-day pick up and delivery, transporting the freight in exclusive use trucks. The Company is committed to a strategy of continued growth
through a non-asset based model. The Company has a state of art 24/7 call center utilizing a world-class communications technology and dispatch infrastructure that covers the 48 states and Canada. Segmentz, Inc. is publicly traded on the American
Stock Exchange under the symbol SZI. For more information about Express-1 visit www.express-1.com, and for more information about Segmentz visit www.segmentz.com.
Forward-Looking Statements
This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks
and uncertainties. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statement include our ability to continue to lower our costs, our timely development and customers' acceptance of
our transportation products, including acceptance by key customers, pricing pressures, rapid technological changes in the industry, growth of the transportation and third party logistics market, increased competition, our ability to attract and
retain qualified personnel, our ability to identify and successfully consummate future acquisitions; adverse changes in customer order patterns, adverse changes in general economic conditions in the U.S. and internationally, risks associated with
foreign operations and political and economic uncertainties associated with current world events. These and other risks are detailed from time to time in Segmentz periodic reports filed with the Securities and Exchange Commission, including, but not
limited to, its report on Form 10-KSB for its fiscal year ended December 31, 2004.

label: organization

text: Segmentz, Inc.

text: Segmentz, Inc.

text: Segmentz, Inc.

text: Temple Trucking business unit

text: TTSI Holdings, Inc

text: TTSI Holdings

text: Paul Temple

text: TTSI Holdings, Inc

text: Segmentz, Inc.

text: Paul Temple

text: Paul Temple

text: TTSI Holdings, Inc

text: Paul Temple

text: Andrew Norstrud

text: Andrew Norstrud

text: Andrew Norstrud

text: Segmentz, Inc.

text: Segmentz, Inc.

text: Segmentz, Inc.


text:
EX-99.1
3
exhibit991.htm
PRESS RELEASE
Converted by EDGARwiz
IGAMBIT Announces Acquisition of
HUBCENTRIX INC.
A Leading Provider of
Healthcare Technology
Press Release
: iGambit Inc. - Wednesday, February 15, 2017 2PM EST
SMITHTOWN,
NY,
February
15,
2017
Marketwire/
--
iGambit
Inc.
(OTCQB:
IGMB),
announced
that
on
February
14,
2017
it
acquired
HubCentrix,
Inc.
(HubCentrix)
via
a
Stock
Exchange
Agreement.
A copy of the Form 8-K report may be accessed at
www.sec.gov
.
HubCentrix will initially operate as a wholly-owned subsidiary of iGambit and the name will be
changed to HealthDatix Inc. ("HealthDatix").
iGambit also hopes to close on the acquisition of CyberCare Health Division from EncounterCare
Solutions,
Inc.
("ECSL")
within
the
next
thirty
(30)
days.
The
Letter
of
Intent
entered
into
with
ECSL
was
previously
announced
on
August
15,
2016.
A
copy
of
the
Form
8-K
report
may
be
accessed at
www.sec.gov
The
acquisition
of
HubCentrix
and
the
CyberCare
Health
Network
Chronic
Care
Management
System provides a new and unique opportunity
for physicians to identify
patients eligible for both
"Annual
Wellness
Visits"
as
well
as
"Chronic
Care
Management"
both
of
which
are
reimbursed
by Medicare.
The
goal of
HealthDatix
will be
to
identify
the
patient's eligibility
for
Medicare
reimbursed
doctor
visits
to
access
and
assist
in
the
well-being
and
cultivation
of
a
healthy
lifestyle.
Additionally
HealthDatix will be able to provide
an FDA approved, Medicare covered platform,
for continuous
management of chronic care patients. Our continuous care platform will be tailored for individual
care
and
health
management
of
patients
susceptible
to
chronic
illness.
This
will
include
CyberCare's wearable medical watch.
John
Salerno,
Chairman
of
iGambit
stated:
"We
are
very
pleased
to
have
this
new
business
opportunity
which
we
believe
will
increase
our
stockholders
value.
Our
management
team
and
advisors
are
very
accomplished
at
introducing
and
administering
rapid
growth
technology
services.
We anticipate that our exciting
newly combined entity HealthDatix, will have the professionals in
place
to
competently
deal
with
the
accelerated
growth
curve
necessary
to
meet
the
needs
of
physician community throughout the country.
Jerry
Robinson, President of
HubCentrix stated that he
is excited to team
up with the management
group
at
iGambit.
The
combined
management
team
will
consolidate
to
provide
an
extremely
focused
group
effort
to
plan
and
execute
corporate
strategies
for
HealthDatix
moving
forward.
My personal
background
is
in
marketing management
as
well
as
product
launch,
two
areas
that
I
am
truly
excited
to
bring
to
our
new
products
rollout.
One
of
the
HealthDatix
goals
will
be
to
initiate
a
progressive
and effective marketing
campaign to introduce
our newly
combined services
to the healthcare marketplace and insurance industry.
About
HubCentrix:
is
located
in
St.
Petersburg,
Florida
and
serves
clients
throughout
the
U.S.
The company has been at the forefront of web-based collaboration and digital asset management.
HubCentrix has a special expertise in streamlining the process of capturing and
managing
information in the document-intensive medical field
.
About
iGambit
Inc:
iGambit
(OTCBB:
IGMB)
is
a
fully
reporting
publicly-held
company.
iGambit (OTCQB: IGMB) is a fully
reporting
publicly-held company. We are a diversified
company
pursuing specific technology strategies and objectives. These objectives have included,
among
others,
the
acquisition
of
early-stage
technology
companies
with
strong
growth
potential
easily recognized in the public arena. We believe that the back-ground of our management and of
our Board of Directors in the technology markets is a valuable resource that makes us a desirable
business
partner.
We
expect
to
work to assume
an
active
role
in
the
development
and
growth
of
the new company, providing
both strategic guidance and operational support. The management of
iGambit believes that it can leverage its collective expertise to help position the combined
company
to
produce
high-margin,
recurring
and
predictable
earnings
and
generate
long-term
value
for
our
stockholders.
For
more
information,
please
visit
www.igambit.com.
Information
on
our
web-site does not comprise a part of this press release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this document
and elsewhere by iGambit
are "forward-looking statements"
within
the
meaning
of
the
Private
Securities
Litigation
Reform
Act
of
1995.
Such
information
includes,
without
limitation,
the
business
outlook,
assessment
of
market
conditions,
anticipated
financial
and
operating
results,
strategies,
future
plans,
contingencies
and
contemplated
transactions of the company. Such forward-looking statements are not guarantees of future
performance
and
are
subject
to
known
and
unknown
risks, uncertainties
and
other
factors which
may
cause
or
contribute
to
actual
results
of
company
operations,
or
the
performance
or
achievements
of
the
company
or
industry
results,
to
differ
materially
from
those
expressed,
or
implied
by
the
forward-looking
statements. In
addition
to
any
such risks, uncertainties
and
other
factors
discussed
elsewhere
herein,
risks,
uncertainties
and
other
factors
that
could
cause
or
contribute to actual
results
differing
materially
from those
expressed
or
implied
for
the
forward-
looking
statements
include,
but
are
not
limited
to
fluctuations
in
demand;
changes
to
economic
growth
in
the
U.S.
and
U.S.
government
policies
and
regulations,
including,
but
not
limited
to
those
affecting
the
medical
fertility
clinic
industry.
iGambit
undertakes
no
obligation
to
publicly
update
any
forward-looking
statements,
whether
as
a
result
of
new
information,
future
events
or
otherwise.
Actual
results,
performance
or
achievements
could
differ
materially
from
those
anticipated
in
such
forward-looking
statements
as
a
result
of
certain
factors,
including
those
set
forth in iGambit Inc.'s filings with the Securities and Exchange Commission.
Investor Relations Contacts:
Bill Robertson
Ph. No. 604 837 3835

text: IGAMBIT

text: HUBCENTRIX INC.

text: iGambit Inc.

text:
iGambit
Inc.

text:
HubCentrix,
Inc.

text: HubCentrix

text: HubCentrix

text: iGambit

text: iGambit

text: CyberCare Health Division

text: HubCentrix

text:
CyberCare
Health
Network

text:
John
Salerno

text: iGambit

text:
Jerry
Robinson

text: HubCentrix

text: iGambit

text: HubCentrix

text: HubCentrix

text: iGambit

text: iGambit

text: iGambit

text: iGambit

text: iGambit

text: iGambit Inc.


text:
EX-99.1
3
v054229_ex99-1.htm
Unassociated Document
Tejas
Incorporated Announces Sale of Wholly-Owned
Subsidiary,
Capital & Technology Advisors, Inc.
AUSTIN,
TEXAS- October 2, 2006- Tejas Incorporated (OTC BB:TEJS) announced today that
it
has sold its wholly owned subsidiary Capital & Technology Advisors Inc.
("C&TA"), the management and consulting firm that it acquired in July, 2005,
to the former owners of C&TA.
Under
the
terms of the agreement governing the sale, Tejas sold the stock of the
subsidiary to its former owners in exchange for 3,157,895 shares of Tejas common
stock which was the Tejas stock portion of the consideration paid by Tejas
for
the subsidiary in 2005. Jared E. Abbruzzese Sr., who joined the Tejas board
as
part of the 2005 transaction has resigned from the Board of Directors of Tejas
and Wayne Barr, who also joined Tejas in 2005, has resigned his positions with
Tejas.
John
Gorman, Chairman of the Board of Tejas, commented "When we acquired Capital
& Technology Advisors, Inc. in July 2005 we contemplated creating
opportunistic synergies that would assist us to grow our franchise. Since the
acquisition, we experienced an industry wide decrease in telecommunication
restructurings and a related reduction in C&TA's customer engagements and
fees. After thorough analysis, we believe it is in the best interest of our
company and our shareholders to focus more strongly on our core competencies
in
the investment banking, brokerage and trading, and research areas".
Tejas
Incorporated
Tejas
Incorporated is a holding company whose only operating subsidiary is Tejas
Securities Group, Inc., a Texas corporation ("Tejas Securities"). Tejas
Securities is a full service brokerage and investment banking firm that focuses
on the following: (i) proprietary research on distressed debt and special
situation securities, (ii) trading and other brokerage services to value-based
institutional and retail investors active in fixed income and equity
instruments, and (iii) corporate finance and strategic advisory services to
middle-market companies within our target industries. To learn more about Tejas
Securities, please visit the Company's web site at
www.tejassec.com.
Safe
Harbor Statement
This
press release may contain forward looking statements. Undue reliance should
not
be placed on the forward-looking statements, which speak only as of the date
of
this news release. Important factors that could cause actual results to differ
materially from such forward-looking statements are described in the Company's
most recent Forms 10-K and 10-Q, and the Company's other SEC filings. The
Company does not undertake any obligation to publicly update any forward-looking
statements.
Contact:
Craig
Biddle
cbiddle@tejassec.com
512-306-5281

text:
Tejas
Incorporated

text: Capital & Technology Advisors, Inc.

override: organization

text: Tejas Incorporated

text: Capital & Technology Advisors Inc.

text: Tejas

text: Tejas

text: Tejas

text: Tejas

text: Tejas

text: Tejas

text: Tejas

text: Tejas

text:
John
Gorman

text: Tejas

text:
Capital
& Technology Advisors, Inc.

text:
Tejas
Incorporated

text:
Tejas
Incorporated

text: Tejas

text: Tejas

text: Tejas

text: Tejas


text:
EX-99.2
3
ex992brp8-k202061release.htm
EXHIBIT 99.2
Exhibit
EXHIBIT 99.2
BRP Group, Inc. Announces Acquisition of Trinity Benefit Advisors and Russ Blakely & Associates
- Expands BKS-Partners' Employee Benefits Management Capabilities -
TAMPA, Fla. - June 1, 2020 - BRP Group, Inc. ("BRP Group" or the "Company") (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that Baldwin Krystyn Sherman Partners, LLC ("BKS-Partners"), the middle-market subsidiary of BRP Group, has acquired substantially all assets of Trinity Benefit Advisors, Inc. and Russ Blakely & Associates, LLC ("TBA-RBA"), Tennessee-based providers of employee benefit plan management, as well as marketing and benefit plans designed for middle-market companies. TBA-RBA generated annual revenues of approximately $17.3 million.
TBA-RBA is one of the leading providers of employee benefits to employers across the Southeastern U.S. TBA-RBA have utilized their scale, reputation and technical expertise to build a significant book of large account life and health business. Following this Partnership, TBA-RBA will be transitioned to the Company's BKS-Partners brand.
"Tennessee is one of the most dynamic economies in the U.S. The opportunity to partner with TBA-RBA, one of the largest independent employee benefit consulting firms in the Southeast, reinforces our commitment to thoughtfully building a national franchise in key geographies with industry-leading talent", said Trevor Baldwin, Chief Executive Officer of BRP Group. "TBA-RBA has a leading retention rate among its client base, as well as a talented leadership team that has consistently grown their business throughout past economic cycles. We're excited to add the TBA-RBA team to the BRP family, and look forward to building on their success as we continue to grow our platform across the U.S".
"We've built wonderfully successful businesses at both Trinity and Russ Blakely, and joining up with the BRP Group team was the natural next step in our evolution and our growth strategy", said Chris Poynter, CEO of TBA-RBA. "By prioritizing client service through our flat organizational structure, we have established long-term relationships with our clients, while consistently winning new business. We're thrilled to become part of BKS-Partners, as our clients will be the beneficiaries of an expanded service platform and a myriad of new capabilities and tools, while receiving the same level of service and expertise they've come to expect from us. Most important of all, our cultures fit well, which will provide a forever home with additional career opportunities for our incredibly talented team".
BKS-Partners works with clients across the U.S., providing them with best-in-class services and innovative risk and health & welfare solutions, and has been strategically expanding its geographic reach.
WEBCAST AND CONFERENCE CALL INFORMATION
On June 1, 2020, BRP Group also announced that BKS-Partners acquired substantially all assets of Rosenthal Bros., Inc. ("Rosenthal Brothers"), a Chicago-based provider of P&C insurance, employee benefits and private client solutions to middle market companies and individuals. BRP Group will host a webcast and conference call to discuss both the TBA-RBA and Rosenthal Brothers acquisitions on Tuesday, June 2, 2020 at 8:30 AM ET. A live webcast and a slide presentation will be available on BRP Group's investor relations website at ir.baldwinriskpartners.com. The dial-in number for the conference call is (877) 451-6152 (toll-free) or (201) 389-0879 (international). Please dial the number 10 minutes prior to the scheduled start time.
A replay will be available following the end of the call through Tuesday, June 16, 2020, by telephone at (844) 512-2921 (toll-free) or (412) 317-6671 (international), passcode 13704474. A webcast replay of the call will be available at ir.baldwinriskpartners.com for one year following the call.
ABOUT BRP GROUP, INC.
BRP Group, Inc. (NASDAQ: BRP) is a rapidly growing independent insurance distribution firm delivering tailored insurance and risk management insights and solutions that give our clients the peace of mind to pursue their purpose, passion and dreams. We are innovating the industry by taking a holistic and tailored approach to risk management, insurance and employee benefits, and support our clients, Colleagues, Insurance Company Partners and communities through the deployment of vanguard resources and capital to drive our growth. BRP represents over 450,000 clients across the United States and internationally. For more information, please visit www.baldwinriskpartners.com. Learn more about BKS-Partners at www.bks-partners.com.
ABOUT TRINITY BENEFIT ADVISORS, INC.
Trinity Benefit Advisors is committed to representing the client's best interest, investing in the industry's best people, helping clients plan for the future and establishing partnerships for long-term success. Trinity is a full service Employee Benefits Consulting and Brokerage firm, ready to work with you to meet the unique challenges that your organization faces. We bring a strong history of developing successful employee benefits strategies and a variety of other customized consulting services to meet your organization's needs, long term goals and objectives. By working closely with your carriers and vendors, we help you maximize cost savings and establish a framework for sound business decisions. Learn more at www.trinityben.com.
ABOUT RUSS BLAKELY & ASSOCIATES, LLC
Russ Blakely & Associates is an advisory firm able to approach each employer objectively and customize the approach we recommend regardless of product, carrier or tool. RBA uses a strategic-focused, collaborative approach with each employer to determine your needs and the best fit of products, tools and services. In 2017, Russ Blakely & Associates and Trinity Benefit Advisors partnered, forming the largest independent benefits advisory firm in eastern Tennessee. Our combined company pairs leading businesses with best practices, technology and people to deliver even greater value to our clients. For more information, please visit www.rbabenefits.com.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain various "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which represent BRP Group's expectations or beliefs concerning future events. Forward-looking statements are statements other than historical facts and may include statements that address future operating, financial or business performance or BRP Group's strategies or expectations, including those about this Partnership. In some cases, you can identify these statements by forward-looking words such as "may", "might", "will", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "projects", "potential", "outlook" or "continue", or the negative of these terms or other comparable terminology. Forward-looking statements are based on management's current expectations and beliefs and involve significant risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by these statements.
Factors that could cause actual results or performance to differ from the expectations expressed or implied in such forward-looking statements include, but are not limited to, those described under the caption "Risk Factors" in BRP Group's Annual Report on Form 10-K for the year ended December 31, 2019 and BRP Group's Quarterly Report on Form 10-Q for the three months ended March 31, 2020, and in BRP Group's other filings with the SEC, which are available free of charge on the Securities and Exchange Commission's website at: www.sec.gov, including those factors relevant to BRP Group's integration of this Partnership, matters assessed in BRP Group's due diligence, the business, financial condition and results of operations of BRP Group or this Partner, or both, and factors related to the potential effects of the COVID-19 pandemic on our business, financial condition and results of operations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. All forward-looking statements and all subsequent written and oral forward-looking statements attributable to BRP Group or to persons acting on behalf of BRP Group are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and BRP Group does not undertake any obligation to update them in light of new information, future developments or otherwise, except as may be required under applicable law.
CONTACTS
INVESTOR RELATIONS
Investor Relations
(813) 259-8032 | IR@baldwinriskpartners.com
PRESS
Rachel Carr, Marketing Director
Baldwin Risk Partners
(813) 418-5166 | Rachel.Carr@baldwinriskpartners.com

text: BRP Group, Inc.

text: Trinity Benefit Advisors

text: Russ Blakely & Associates

text: BRP Group, Inc.

text: BRP Group

text: BRP Group

text: Trinity Benefit Advisors, Inc.

text: Russ Blakely & Associates, LLC

text: TBA-RBA

text: TBA-RBA

text: TBA-RBA

text: TBA-RBA

text: TBA-RBA

text: TBA-RBA

text: Trevor Baldwin

text: BRP Group

text: TBA-RBA

text: TBA-RBA

text: BRP Group

text: Chris Poynter

text: TBA-RBA

text: BRP Group

text: Rosenthal Bros., Inc.

text: Rosenthal Brothers

text: BRP Group

text: TBA-RBA

text: Rosenthal Brothers

text: BRP Group

text: BRP GROUP, INC.

text: BRP Group, Inc.

text: TRINITY BENEFIT ADVISORS, INC.

text: Trinity Benefit Advisors

text: RUSS BLAKELY & ASSOCIATES, LLC

text: Russ Blakely & Associates

text: Russ Blakely & Associates

text: Trinity Benefit Advisors

text: BRP Group

text: BRP Group

text: BRP Group

text: BRP Group

text: BRP Group

text: BRP Group

text: BRP Group

text: BRP Group

text: BRP Group

text: BRP Group

text: BRP Group


text:
EX-99.1
2
glmississippirelease.htm
EXHIBIT 99.1
Exhibit
Company Contact:
Investor Relations:
Kelly J. Gill
James R. McKnight, Jr.
Chief Executive Officer
Chief Financial Officer
615-771-7575
615-771-7575
DIVERSICARE ACQUIRES 10 FACILITIES IN MISSISSIPPI
BRENTWOOD, TN - (October 3, 2016) - Diversicare Healthcare Services, Inc. (NASDAQ: DVCR), a premier provider of long-term care services, effective October 1, 2016 entered into an agreement with Golden Living to assume the operations of ten facilities in Mississippi previously operated by Golden Living. Eight of these facilities are leased directly from Golden Living and the Company assumed the individual leases of two additional facilities that are privately owned. This transaction increases the number of centers operated by the Company to 64. The eight centers leased from Golden Living have an initial lease term of ten years, and was effective October 1, 2016. These ten facilities are expected to contribute in excess of $80 million in annual revenues.
As previously announced by the Company, on August 15, 2016, the Company has entered into Operation Transfer Agreements to assume the operations of 22 facilities in Mississippi and Alabama and plans to finalize the leases on the 12 Alabama properties in the fourth quarter of 2016.
Commenting on the acquisitions, Kelly Gill, the Company's Chief Executive Officer, stated, "We are delighted to announce the commencement of our lease agreement with Golden Living and the entrance into the state of Mississippi. This is a significant milestone for our organization and I am excited to take the first step in completing the overall transaction. We want to thank Golden Living for their support and we look forward to a productive relationship together. Mr. Gill concluded by saying "this is a truly rewarding relationship wherein both organizations are able to benefit from our respective synergies and mutually strengthen our pursuit of strategic positioning and growth in our industry".
About Diversicare Healthcare Services, Inc.
As of October 3, 2016, Diversicare provides long-term care services to patients in 64 skilled nursing and senior housing centers containing 7,056 licensed beds. For additional information about the Company, visit Diversicare's web site: www.DVCR.com.
FORWARD-LOOKING STATEMENTS
The "forward-looking statements" contained in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are predictive in nature and are frequently identified by the use of terms such as "may", "will", "should", "expect", "believe", "estimate", "intend", and similar words indicating possible future expectations, events or actions. These forward-looking statements reflect our current views with respect to future events and present our estimates and assumptions only as of the date of this release. Actual results could differ materially from those contemplated by the forward-looking statements made in this release. In addition to any assumptions and other factors referred to specifically in connection with such statements, other factors,
many of which are beyond our ability to control or predict, could cause our actual results to differ materially from the results expressed or implied in any forward-looking statements including, but not limited to, our ability to successfully operate the new nursing centers in Alabama, Kansas, Kentucky, Missouri, Ohio, Indiana and Mississippi, our ability to increase census at our renovated centers, changes in governmental reimbursement, including the impact of the CMS final rule that has resulted in a reduction in Medicare reimbursement as of October 2012 and our ability to mitigate the impact of the revenue reduction, government regulation, the impact of the recently adopted federal health care reform or any future health care reform, any increases in the cost of borrowing under our credit agreements, our ability to comply with covenants contained in those credit agreements, the outcome of professional liability lawsuits and claims, our ability to control ultimate professional liability costs, the accuracy of our estimate of our anticipated professional liability expense, the impact of future licensing surveys, the outcome of proceedings alleging violations of state or Federal False Claims Acts, laws and regulations governing quality of care or other laws and regulations applicable to our business including laws governing reimbursement from government payors, impacts associated with the implementation of our electronic medical records plan, the costs of investing in our business initiatives and development, our ability to control costs, changes to our valuation of deferred tax assets, changes in occupancy rates in our centers, changing economic and competitive conditions, changes in anticipated revenue and cost growth, changes in the anticipated results of operations, the effect of changes in accounting policies as well as other risk factors detailed in the Company's Securities and Exchange Commission filings. The Company has provided additional information in its Annual Report on Form 10-K for the fiscal year ended December 31, 2015, as well as in its other filings with the Securities and Exchange Commission, which readers are encouraged to review for further disclosure of other factors. These assumptions may not materialize to the extent assumed, and risks and uncertainties may cause actual results to be different from anticipated results. These risks and uncertainties also may result in changes to the Company's business plans and prospects. Diversicare Healthcare Services, Inc. is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services.
###

text: DIVERSICARE

text: Diversicare Healthcare Services, Inc.

text: Golden Living

text: Golden Living

text: Golden Living

text: Golden Living

text: Kelly Gill

text: Golden Living

text: Golden Living

text: Diversicare Healthcare Services, Inc.

text: Diversicare

text: Diversicare

text: Diversicare Healthcare Services, Inc.


text:
EX-99.1
2
tm224618d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
January 27, 2022
Contact:
Roger Schrum
+843-339-6018
roger.schrum@sonoco.com
Sonoco Completes Acquisition
of Ball Metalpack
Combination Further
Expands Company's Sustainable Packaging Portfolio
HARTSVILLE, S.C., U.S.
- Sonoco (NYSE: SON), one of the
largest sustainable global packaging companies, today announced it has completed the acquisition of Ball Metalpack, a leading manufacturer
of sustainable metal packaging for food and household products and the largest aerosol can producer in North America. Ball Metalpack
was a joint venture owned by Platinum Equity and Ball Corporation (NYSE: BLL).
"Sonoco and Ball Metalpack are a clear strategic fit. The metal
packaging business complements Sonoco's largest Consumer Packaging franchise - our iconic global Paper Cans and Closures
business. In addition, this combination expands Sonoco's already established sustainable packaging portfolio to include metal packaging,
which is one of the world's top circular economy adapted products", said Howard Coker, President and CEO of Sonoco. "We
are extremely excited to welcome 1,300 experienced metal packaging associates into the Sonoco family. With a comprehensive and innovative
product portfolio and facilities enhanced by significant recent investments in new technology and capacity, we believe the addition of
this metal packaging business will further strengthen our stable cash flow generation and provide immediate earnings accretion".
Previously part of Ball Corporation, the Ball Metalpack joint venture,
headquartered in Broomfield, Colorado, was formed in 2018 and has more than 100 years of experience producing steel tinplate food and
aerosol cans, as well as closures and packaging components from eight operations in Canton and Columbus, Ohio; Milwaukee and Deforest,
Wisconsin; Chestnut Hill, Tennessee; Horsham, Pennsylvania; and Oakdale, California. Ball Metalpack generated approximately $850 million
in revenue and $114 million of adjusted EBITDA in 2021.
The Ball Metalpack name is being changed to Sonoco and its financial
results are expected to be reported in Sonoco's Consumer Packaging segment. Jim Peterson, a 15-year leader in the metal packaging
industry, will remain as President of Sonoco Metal Packaging, reporting to Rodger Fuller, Executive Vice President. The business'
tenured management team also will remain with the business and there are no expected changes in operations or customer relationships
as a result of the acquisition.
Sonoco acquired Ball Metalpack for $1.35 billion in cash subject to
customary adjustments, including for working capital, cash and indebtedness. The acquisition was funded by proceeds from the Company's
recently completed $1.2 billion green bond issuance, together with borrowings under a new term-loan facility and its commercial paper
program. As previously reported, Sonoco expects to realize future tax benefits having an estimated net present value of approximately
$180 million from the acquisition mostly as a result of the step up in tax basis of fixed assets and intangibles. In addition, the Company
expects to realize at least $20 million in annual synergies from procurement and SG&A savings within three years. Sonoco is committed
to its investment grade credit rating and expects to focus its increased cash flow to support deleveraging within two years, while continuing
to return cash to shareholders by growing dividends from increased earnings.
J.P. Morgan Securities LLC served as exclusive financial advisor to
Sonoco and Freshfields Bruckhaus Deringer LLP served as legal advisor.
1 North Second Street
Hartsville, S.C. 29550 USA
843/383-7851
www.sonoco.com
Sonoco Completes Acquisition of Ball
Metalpack - Page
2
Sonoco to Host Fourth-Quarter and Full-Year Earnings Conference
Call
Sonoco management will host a conference call and webcast to discuss
its 2021 fourth-quarter and full-year financial results and expects to update its 2022 financial guidance at that time. The conference
call and webcast will begin at 11 a.m. ET on February 10, 2022. The live conference call may be accessed from the Company's website
or at
http://investor.sonco.com
. A telephonic replay of the call will be available starting at 2 p.m. ET, to U.S. callers at 855-859-2056
and international callers at +404-537-3406. The replay passcode for both U.S. and international calls is 8575573. The archived call will
be available through February 20, 2022. The webcast also will be archived in the Investor Relations section of Sonoco's website.
Forward-looking Statements
This news release contains forward-looking statements. Such forward-looking
statements are based on current expectations, estimates and projections about Sonoco and Ball Metalpack, the industry and certain assumptions
made by management. Such information includes, without limitation, discussions as to guidance and other estimates, perceived opportunities,
expectations, beliefs, plans, strategies, goals and objectives concerning Sonoco's and Ball Metalpack's future financial
and operating performance. These statements are not guarantees of future performance and are subject to certain risks, uncertainties
and assumptions that are difficult to predict, including the ability of Sonoco to realize the anticipated benefits and synergies from
the transaction. Therefore, actual results may differ materially from those expressed or forecasted in such forward-looking statements.
Additional information concerning some of the factors that could cause
materially different results is included in the Company's reports on forms 10-K, 10-Q and 8-K filed with the Securities and Exchange
Commission. Such reports are available from the Securities and Exchange Commission's public reference facilities and its website,
sec.gov, and from the Company's investor relations department and the Company's website.
About
Sonoco
Founded in 1899, Sonoco (NYSE: SON) is a global provider of consumer, industrial, healthcare and protective packaging.
With annualized net sales of approximately $5.6 billion, the Company has approximately 20,500 employees working in more than 300
operations in 34 countries, serving some of the world's best-known brands in some 85 nations. Sonoco is committed to creating sustainable
products, services and programs for our customers, employees and communities that support our corporate purpose of
Better Packaging.
Better Life
. The Company was listed as one of Fortune's World's Most Admired Companies for 2021 as well as Barron's
100 Most Sustainable Companies for the third-consecutive year. For more information, visit
www.sonoco.com
.
###

text: Sonoco

text: Ball Metalpack

text: Sonoco

text: Ball Metalpack

text: Ball Metalpack

text: Sonoco

text: Ball Metalpack

text: Sonoco

text: Sonoco

text: Howard Coker

text: Sonoco

text: Sonoco

text: Ball Metalpack

text: Ball Metalpack

text: Ball Metalpack

text: Sonoco

text: Sonoco

text: Sonoco

text: Sonoco

text: Ball Metalpack

text: Sonoco

text: Sonoco

text: J.P. Morgan Securities LLC

text: Sonoco

text: Freshfields Bruckhaus Deringer LLP

text: Sonoco

text:
Ball
Metalpack

text: Sonoco

text: Sonoco

text: Sonoco

text: Sonoco

text: Ball Metalpack

text: Sonoco

text: Ball Metalpack

text: Sonoco

text: Sonoco

text: Sonoco

text: Sonoco


text:
EX-99.1
3
a19-3361_1ex99d1.htm
EX-99.1
Exhibit 99.1
Contact: James Edgemond
Phone: (301) 608-9292
E-mail: jedgemond@unither.com
UNITED THERAPEUTICS ANNOUNCES CLOSING OF LICENSE AGREEMENT WITH ARENA PHARMACEUTICALS FOR RALINEPAG
Research Triangle Park, NC, January 24, 2019 - United Therapeutics Corporation (Nasdaq: UTHR) today announced the closing of the transactions contemplated by its license agreement with Arena Pharmaceuticals, Inc. (Nasdaq: ARNA). Under the agreement, United Therapeutics acquired exclusive, worldwide rights to develop and manufacture the Phase 3 investigational drug candidate ralinepag, a next-generation, oral, selective and potent prostacyclin receptor agonist in development for the treatment of pulmonary arterial hypertension (PAH). Upon closing, United Therapeutics paid Arena $800 million. Arena is also entitled to potential milestone payments of up to $400 million based on the achievement of certain regulatory events as well as low double-digit tiered royalties on annual net sales of ralinepag products.
As previously announced, the closing of the transactions contemplated by the agreement was conditioned upon expiration or termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, among other conditions. The requisite waiting period expired on January 22, 2019, and closing occurred on January 24, 2019.
About United Therapeutics
United Therapeutics Corporation focuses on the strength of a balanced, value-creating biotechnology model. We are confident in our future thanks to our fundamental attributes, namely our obsession with quality and innovation, the power of our brands, our entrepreneurial culture and our bioinformatics leadership. We also believe that our determination to be responsible citizens - having a positive impact on patients, the environment and society - will sustain our success in the long term.
Through our wholly-owned subsidiary, Lung Biotechnology PBC, we are focused on addressing the acute national shortage of transplantable lungs and other organs with a variety of technologies that either delay the need for such organs or expand the supply. Lung Biotechnology is the first public benefit corporation subsidiary of a public biotechnology or pharmaceutical company. [uthr-g]
Forward-Looking Statements
Statements included in this press release that are not historical in nature are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements related to future milestone and royalty payments to Arena, and the achievement of net sales of ralinepag. Forward-looking
1
statements are based on the beliefs of our management team, as well as assumptions made by, and information currently available to us. Because such statements are based on expectations as to future events and results and are not statements of fact, actual events and results may differ materially from those projected depending on a number of factors. Such forward-looking statements are qualified by the cautionary statements, cautionary language and risk factors set forth in our periodic reports and documents filed with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. We claim the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements. We are providing this information as of January 24, 2019 and assume no obligation to update or revise the information contained in this press release whether as a result of new information, future events or any other reason.
2

text: UNITED THERAPEUTICS

text: ARENA PHARMACEUTICALS

text: RALINEPAG

text: United Therapeutics Corporation

text: Arena Pharmaceuticals, Inc.

text: United Therapeutics

text: ralinepag

text: United Therapeutics

text: ralinepag

text: United Therapeutics

text: United Therapeutics Corporation

text: ralinepag


text:
EX-99.1
7
exh99-1_12952.txt
PRESS RELEASE DATED SEPTEMBER 15, 2004
EXHIBIT 99.1
------------
NEWS RELEASE
CORPORATE HEADQUARTERS
6407-B NE 117th Avenue
Vancouver, WA 98662 USA
Tel +360-253-2346 Fax +360-253-4830
www.WPEC.com
WESTERN POWER & EQUIPMENT ANNOUNCES THE
ACQUISITION OF ARIZONA PACIFIC MATERIALS LLC
Vancouver, Washington --.--(BUSINESS WIRE)--Sept. 15, 2004-- Western Power &
Equipment Corp. (OTCBB: WPEC), a dealer of construction and industrial
equipment, today announced that it completed the acquisition of Arizona Pacific
Materials LLC, a basalt and cinder mining company with operating mines in
Phoenix and Flagstaff, Arizona.
Arizona Pacific Materials' current basalt reserves at the Phoenix mine site are
39 million metric tons proven, with an additional indicated 38 million metric
tons. The cinder reserves are 1.2 million metric tons proven at the Phoenix
mine, with an estimated 60 million metric tons of reserves at the Flagstaff
mine. The basalt and cinder aggregates are used to produce concrete, asphalt,
and building block and brick products. Estimated production in the first year of
operations is up to 700,000 metric tons of basalt and 200,000 metric tons of
cinder.
The Company estimates that housing construction in the Phoenix area, including
recent announcements from Del Webb Corp., will average in excess of 40,000
houses per year, which should result in the Phoenix operation being at full
capacity within 24 months. The Flagstaff operation is centrally located to
service the expanding Las Vegas market. It is the Company's belief that the
Flagstaff operation will also be at full capacity within 24 months.
Dean McLain, Western's President and Chief Executive Officer, stated, "This
acquisition helps diversify the Company's operational base and should provide
immediate incremental growth in revenue and profits for Western." He continued,
"Western's acquisition is a part of a strategic effort to increase the Company's
return on assets and provide greater shareholder value".
Western returned to profitability in its fiscal year ending July 31, 2003 and
continues to be profitable. The Company announced on August 11, 2004 that it
expects its fiscal year 2004 net income to be at least 80% higher than fiscal
year 2003.
ABOUT WESTERN POWER & EQUIPMENT CORP.
Western Power & Equipment Corp. sells, leases, rents, and services construction
and industrial equipment for Case Corporation and over 30 other manufacturers.
The Company currently operates 15 facilities in Washington, Oregon, Nevada,
California, and Alaska. Western is publicly traded on the NASDAQ Over The
Counter bulletin board (OTCBB). For more information, please contact the company
at 6407-B N.E. 117th Avenue, Vancouver, WA 98662; telephone, (360) 253-2346;
fax, (360) 253-4830; e-mail, webmaster@westernpower.com; or visit the company's
web site http://www.wpec.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Information contained herein relating to projected revenues, growth, income,
potential costs savings, and future results and events constitute
forward-looking statements. Actual results may differ materially from the
forward-looking statements because of a number of risks and uncertainties,
including but not limited to fluctuation in the construction and industrial
sectors and general economic cycles; the success of the Company's entry into new
markets; the success of the Company's operation of the acquired business;
industry conditions and competitors; competitive pricing; the Company's
relationship with suppliers; relations with the Company's employees; the
Company's ability to manage its operating costs and to integrate the acquired
businesses in an effective manner; the continued availability of financing;
governmental regulations and environmental matters; and risks associated with
regional, national, and world economies. Any forward-looking statements should
be considered in light of these factors.
# # #
PRESS AND INVESTOR INQUIRIES:
Mark J. Wright
Vice President & Chief Financial Officer
Western Power & Equipment Corp.
(360) 253-2346
David Cochran
Cochran Edwards and Partners
Mobile: (206) 251-7007
E-mail: david.cochran@CEandP.com
(C) 2004, Western Power & Equipment Corp., All Rights Reserved.

text: WESTERN POWER & EQUIPMENT

text: ARIZONA PACIFIC MATERIALS LLC

text:
Western Power &
Equipment Corp.

text:
Arizona Pacific
Materials LLC

text: WESTERN POWER & EQUIPMENT CORP.

text: Western Power & Equipment Corp.

text: Mark J. Wright

text: Western Power & Equipment Corp.

text: Western Power & Equipment Corp.


text:
EX-99.1
5
press.htm
PRESS RELEASE
News Release
Exhibit 99.1
News Release
FOR IMMEDIATE RELEASE
CONTACT
November 2, 2004
Craig Renner
301-843-8600
ACPT ANNOUNCES PURCHASE OF TWO APARTMENT PROPERTIES
ST. CHARLES, MD.-
American Community Properties Trust (AMEX, PSE:APO) announced today that it has purchased two apartment properties in Pikesville, Maryland for approximately $20 million through its subsidiary, American Housing Properties L.P.
American Housing purchased the Owings Chase and Prescott Square apartment properties in Baltimore County. Owings Chase consists of 234 units on 14.04 acres built in the mid- 1960s, including 145 two-bedroom units and 89 one-bedroom units. Prescott Square is a 73-unit community on 4.3 acres built in 1967-68, and consists entirely of two-bedroom, two-bath units. Both properties offer garden style apartments, and will continue to be fair market properties.
Through its subsidiaries, ACPT owns and/or manages over 8,000 apartment units in San Juan, Puerto Rico, Maryland, the District of Columbia, and Richmond, Virginia.
The properties will be managed by American Rental Management Company (ARMC), ACPT's U.S.-based property management subsidiary.
"The Company has been seeking suitable properties to expand our portfolio, and these acquisitions represented an excellent opportunity to achieve that goal", said Edwin L. Kelly, President and Chief Operating Officer of ACPT. "These purchases represent our commitment to broaden our Company's base of operations".
Spaulding and Slye Structured Financial Group arranged permanent financing, which was provided by Fannie Mae through Prudential Multifamily Mortgage, Inc. The properties were purchased from Owings Chase Associates LP and Prescott Square Associates LP through Sawyer Realty Holdings LLC.
ACPT is a diversified real estate organization with operations in Maryland and Puerto Rico that specializes in community development, investment apartment properties, homebuilding, and asset management services. ACPT is currently listed on the American and Pacific stock exchanges under the symbol AmCmntyProp (APO).
For more information about ACPT, visit
http://www.acptrust.com.
For more information about the planned community of St. Charles, visit www.stcharlesmd.com.

text: ACPT

text: American Community Properties Trust

text: ACPT

text: ACPT

text: Edwin L. Kelly

text: ACPT

text: Owings Chase Associates LP

text: Prescott Square Associates LP

text: ACPT

text: ACPT

text: ACPT


text:
EX-99.1
4
a18-41788_1ex99d1.htm
EX-99.1
Exhibit 99.1
ReShape Lifesciences Acquires Lap-Band System in Exchange for ReShape Balloon
Transaction Brings Broadly Reimbursed Product with Meaningful Revenue to ReShape
SAN CLEMENTE, CA, December 18, 2018 -
ReShape Lifesciences Inc. (NASDAQ: RSLS), a developer of minimally invasive medical devices to treat obesity and metabolic diseases, announced today that it has acquired the Lap-Band
®
adjustable gastric band system from Apollo Endosurgery, Inc. and that Apollo Endosurgery has acquired the ReShape Balloon™ product line from ReShape Lifesciences. ReShape Lifesciences will pay Apollo Endosurgery a total cash purchase price of $17 million, with $10.0 million dollars paid at closing and the additional $7.0 million dollars to be paid in three annual installments beginning on the first anniversary of the closing of the transaction.
"The acquisition of the Lap-Band product line adds a clinically proven, FDA-approved, minimally invasive technology with broad insurance coverage and meaningful established revenue and margins to ReShape Lifesciences", said Dan Gladney, President, Chief Executive Officer and Chairman of the Board of ReShape Lifesciences. "We believe that shifting our product focus from the ReShape Balloon to the Lap-Band will significantly enhance our financial profile, bringing to our business a product that generated almost $15 million in revenue in the last nine months, with high associated gross margins and very low investment needs, allowing us more financial flexibility to fund our exciting technologies in development. We believe the Lap-Band System, which can leverage our historically strong relationships with the bariatric surgeon, is a more optimal market opportunity that is better aligned with our core strengths as an organization".
Conference Call and Webcast
ReShape Lifesciences management team will host a conference call beginning today at 10:00am ET to discuss this transaction. Individuals interested in listening to the conference call may do so by dialing 877-407-9210 for domestic callers or 201-689-8049 for international callers. To listen to a live webcast or a replay, please visit the investor relations section of the ReShape Lifesciences website at www.reshapelifesciences.com.
About ReShape Lifesciences Inc.
ReShape Lifesciences™ is a medical device company focused on technologies to treat obesity and metabolic diseases. The ReShape Vest™ System is an investigational, minimally invasive, laparoscopically implanted medical device that wraps around the stomach, emulating the gastric volume reduction effect of conventional weight-loss surgery, and is intended to enable rapid weight loss in obese and morbidly obese patients without permanently changing patient anatomy.
About the Lap-Band System
The Lap-Band System is designed to provide minimally invasive long-term treatment of severe obesity and is an alternative to more invasive surgical stapling procedures such as the gastric bypass or sleeve gastrectomy. The Lap-Band System is an adjustable silicone band that is laparoscopically placed around the upper part of the stomach through a small incision, creating a small pouch at the top of the stomach, which slows the passage of food and creates a sensation of fullness. The procedure can normally be performed as an outpatient procedure, where the patient is able to go home the day of the procedure without the need for an overnight hospital stay
.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by the use of words such as "expect", "plan", "anticipate", "could", "may", "intend", "will", "continue", "future", other words of similar meaning and the use of future dates.
Forward-looking statements in this release include statements about the benefits of the transaction and the company's plans, objectives, expectations and intentions with respect to the Lap-Band System. These forward-looking statements are based on the current expectations of our management and involve known and unknown risks and uncertainties that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Applicable risks and uncertainties related to the acquisition include, but are not limited to, the following: the acquisition may involve unexpected costs or liabilities; the ability to recognize benefits of the acquisition; and risks that the acquisition disrupts current plans and operations. Additional risks and uncertainties include, among others: risks and uncertainties related to our acquisitions of ReShape Medical, Inc. and BarioSurg, Inc.; risks related to the U.S. Food and Drug Administration's announcement, including updates thereto, to alert health care providers of unanticipated deaths involving the ReShape Balloon; our proposed ReShape Vest product may not be successfully developed and commercialized; our ability to continue as a going concern if we are unsuccessful in our pursuit of various funding options; our limited history of operations; our losses since inception and for the foreseeable future; our limited commercial sales experience; the competitive industry in which we operate; our ability to maintain compliance with the Nasdaq continued listing requirements and remain listed on Nasdaq; our dependence on third parties to initiate and perform our clinical trials; the need to obtain regulatory approval for our ReShape Vest and any modifications to our vBloc system; physician adoption of our products; our ability to obtain third party coding, coverage or payment levels; ongoing regulatory compliance; our dependence on third party manufacturers and suppliers; the successful development of our sales and marketing capabilities; our ability to raise additional capital when needed; international commercialization and operation; our ability to attract and retain management and other personnel and to manage our growth effectively; potential product liability claims; the cost and management time of operating a public company; potential healthcare fraud and abuse claims; healthcare legislative reform; and our ability to obtain and maintain intellectual property protection for our technology and products. These and additional risks and uncertainties are described more fully in the Company's filings with the Securities and Exchange Commission, particularly those factors identified as "risk factors" in our annual report on Form 10-K filed April 2, 2018 and subsequent quarterly reports on Form 10-Q. We are providing this information as of the date of this press release and do not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise, except as required by law.

text: ReShape Lifesciences

text: ReShape Lifesciences Inc.

text: Apollo Endosurgery, Inc.

text: ReShape Lifesciences

text: ReShape Lifesciences

text: ReShape Lifesciences

text: Dan Gladney

text: ReShape Lifesciences

text: ReShape Lifesciences

text: ReShape Lifesciences

text: ReShape Lifesciences Inc.

text: ReShape Lifesciences


text:
EX-99.1
2
kentucky8kmar8-05ex99.txt
1
**PRESS RELEASE**
-------------
Contact:
-------
Tony D. Whitaker/Don D. Jennings
Kentucky First Federal Bancorp
(606) 436-3860
KENTUCKY FIRST FEDERAL BANCORP CONSUMMATES MINORITY STOCK
OFFERING AND ACQUISITION OF FRANKFORT FIRST BANCORP, INC.
Hazard, Kentucky, March 2, 2005 - Kentucky First Federal Bancorp
("Kentucky First") announced today it has consummated its minority stock
offering, the related mutual holding company reorganization of First Federal
Savings and Loan Association of Hazard ("First Federal of Hazard") and the
acquisition of Frankfort First Bancorp, Inc. ("Frankfort First") (NASDAQ: FKKY),
the holding company for First Federal Savings Bank of Frankfort ("First Federal
of Frankfort"). Shares of Frankfort First ceased trading as of the close of
business today. Kentucky First is expected to commence trading on March 3, 2005,
on The Nasdaq National Market under the symbol "KFFB".
Kentucky First sold 2,127,572 shares of common stock at $10.00 per
share in a subscription offering, which ended on February 14, 2005, to
depositors of First Federal of Hazard as of June 30, 2003 and First Federal of
Hazard's employee stock ownership plan in accordance with subscription rights
granted under First Federal of Hazard's plan of stock issuance.
In the merger, shareholders of Frankfort First will receive
approximately 1,740,740 shares of Kentucky First's common stock and
approximately $13.7 million in cash (including payments to holders of Frankfort
First stock options). Shareholders who elected to receive stock in the merger
will receive 1.95148 shares of Kentucky First's common stock and $3.9852 in cash
for each of their Frankfort First shares. No fractional shares of Kentucky First
common stock will be issued. Persons otherwise entitled to receive a fractional
share of Kentucky First common stock will receive cash in an amount equal to
$10.00 multiplied by such fraction. Shareholders who made a cash election for
their Frankfort First shares, indicated "No Election" or did not timely submit a
completed election form, will receive cash of $23.50 per Frankfort First share.
Upon closing of the mutual holding company reorganization, First
Federal of Hazard converted from a mutual savings and loan association to a
capital stock savings bank, with the concurrent formation of Kentucky First as
the stock, mid-tier holding company of First Federal of Hazard and the formation
of First Federal MHC (the "MHC") as a mutual holding company. The purchasers of
stock in the subscription offering and former Frankfort First shareholders who
received Kentucky First's common stock in the merger will own 45% of Kentucky
First's outstanding shares of common stock and the MHC will own 55% of Kentucky
First's outstanding shares of common stock. Under a formula contained in the
merger agreement, former Frankfort First shareholders received 45% of the shares
issued to persons other than the MHC.
2
First Federal of Frankfort and First Federal of Hazard will remain
separate banks following the merger, though each will be a wholly owned
subsidiary of Kentucky First. The management teams of both subsidiary banks will
remain the same after the transaction and no staff reductions at either bank are
anticipated. Kentucky First's board of directors will include four of the former
members of First Federal of Hazard's board of directors, two former members of
Frankfort First's board of directors and Frankfort First's President, Don
Jennings. R. Clay Hulette, C.P.A., Chief Financial Officer of Frankfort First,
will serve as the Chief Financial Officer of Kentucky First and Roy Pulliam,
Secretary of First Federal of Hazard, will serve as Secretary of Kentucky First.
Tony Whitaker, Chairman and Chief Executive Officer of Kentucky First,
said, "We are pleased by the outstanding support shown by our depositors and
that the shareholders of Frankfort First have voted their support for our
partnership. We look forward, under our new structure, to bring together the
financial and human resources of the two banks for the benefit our shareholders,
our customers, our employees and our communities".
Don Jennings, President of Frankfort First and President and Chief
Operating Officer of Kentucky First, added, "While this is a new company, we
believe that we will be able to build upon the successful legacies our two
institutions have forged over many years. We look forward to continuing to serve
Frankfort First's former shareholders as well as the new shareholders from
Hazard."
Capital Resources, Inc. served as financial advisor and marketing agent
with regard to the stock offering and Capital Resources Group, Inc. served as
financial advisor with regard to the merger. Muldoon Murphy & Aguggia LLP served
as counsel to First Federal of Hazard and Kentucky First.
At December 31, 2004, First Federal of Hazard had total assets of
$139.0 million, deposits of $97.4 million and total capital of $32.0 million. At
December 31, 2004, Frankfort First had total assets of $132.3 million, deposits
of $72.0 million and total capital of $17.2 million. Based on this information,
Kentucky First on a consolidated basis will operate from four banking offices
and will represent the second largest thrift holding company in the Commonwealth
of Kentucky.
This news release contains certain forward-looking statements about the
mutual holding company reorganization, the stock issuance by Kentucky First and
the acquisition of Frankfort First by Kentucky First, including the anticipated
trading date of Kentucky First's common stock.
3
Forward-looking statements can be identified by the fact that they do
not relate strictly to historical or current facts. They often include words
like "believe", "expect", "anticipate", "estimate" and "intend" or future or
conditional verbs such as "will", "would", "should", "could" or "may." Certain
factors that could cause actual results to differ materially from expected
results include delays in completing the offering and the merger, changes in the
interest rate environment, changes in general economic conditions, legislative
and regulatory changes that adversely affect the business of Kentucky First and
changes in the securities markets.

text: Kentucky First Federal Bancorp

text: KENTUCKY FIRST FEDERAL BANCORP

text: FRANKFORT FIRST BANCORP, INC.

text: Kentucky First Federal Bancorp

text: Kentucky First

text: Frankfort First Bancorp, Inc.

text: Frankfort First

text: Frankfort First

text: Kentucky First

text: Kentucky First

text: Frankfort First

text: Kentucky First

text:
Frankfort
First

text: Kentucky First

text: Frankfort First

text: Kentucky First

text: Kentucky First

text: Frankfort First

text: Frankfort First

text: Kentucky First

text: Frankfort First

text: Kentucky First

text:
Kentucky
First

text:
Kentucky
First

text: Frankfort First

text: Kentucky First

text: Kentucky First

text: Frankfort First

text: Frankfort First

text:
Don
Jennings

text: Frankfort First

text: Kentucky First

text: Roy Pulliam

text: Kentucky First

text: Tony Whitaker

text: Kentucky First

text: Frankfort First

text: Don Jennings

text: Frankfort First

text: Kentucky First

text: Frankfort First

text: Capital Resources, Inc.

text: Capital Resources Group, Inc.

text: Muldoon Murphy & Aguggia LLP

text: Kentucky First

text: Frankfort First

text: Kentucky First

text: Kentucky First

text: Frankfort First

text: Kentucky First

text: Kentucky First

text: Kentucky First


text:
EX-99.1
3
exhibit991pressrelease4220.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
April 2, 2018
6:26 am PDT
ASGN Incorporated Closes Acquisition of ECS Federal, LLC
Acquisition Expected to be Accretive to Adjusted EPS
On Assignment officially changes name to ASGN Incorporated
CALABASAS, Calif., April 2, 2018 -- ASGN Incorporated (NYSE: ASGN), one of the foremost providers of IT and professional services in the technology, creative/digital, engineering, life sciences and government sectors, announced today the completion of its acquisition of ECS Federal, LLC (ECS) for a total cash consideration of $775 million. ECS will continue to operate under the ECS brand name and will also operate as a separate segment of ASGN. The President of ECS, George Wilson, and the current ECS leadership team will continue to execute the strategy and oversee the day-to-day operations of the business.
"We're excited by the combination of ASGN and ECS", said Peter Dameris, CEO of ASGN.
The addition of ECS' government services solutions to our business portfolio will complement and elevate our statement of work offerings and provide us access to the $130 billion federal IT services market. As we look ahead, our mission as an organization is to be the premier provider of highly skilled human capital that will drive the economy into the next generation".
In connection with the acquisition and to fund the purchase consideration, ASGN amended its existing credit facility. The amended credit facility consists of (i) a $200.0 million five-year revolving credit facility (undrawn at close) which bears interest at LIBOR plus 1.25 to 2.25 percent, based on ASGN's applicable leverage ratio, and (ii) term B loans totaling $1.4 billion (all of which is outstanding at closing), consisting of two tranches: (a) a $578.0 million tranche maturing on June 5, 2022, and (b) an $822.0 million tranche maturing on April 2, 2025. The term B loans bear interest at LIBOR plus 2.0 percent. At closing, the company's leverage ratio (ratio of debt to trailing 12-month pro forma Adjusted EBITDA) was approximately 3.67 to 1. Wells Fargo Bank, National Association, served as the administrative agent for the amendment to the credit facility.
For income tax reporting purposes, the acquisition was treated as an asset purchase, resulting in a step up in the tax basis in the intangibles assets acquired. This "step-up" in tax basis is expected to result in an annual cash income tax savings of approximately $12 million ($9 million of which relates to amortization of goodwill and trademarks) over the next 15 years from the amortization of these assets for income tax purposes.
In connection with the closing, ASGN granted restricted stock unit awards to 54 ECS employees covering approximately 162,000 shares. Of these, George Wilson and another employee were each granted an award as described below. If applicable performance targets are met and subject to continued service to the company, the grants will vest as follows: (a) for 60 percent of the award, one-half on the second anniversary of the grant date, and 25 percent on each of the third and fourth anniversaries of the grant date, and (b) for the remaining 40 percent of the award, in equal installments on the first, second, and third annual anniversaries of the grant date. The awards granted to the other ECS employees will vest, subject to the employee's continued service, (x) as to 40 percent of the award, over four years with 50 percent of each award vesting on the second anniversary of the closing and 25 percent of such portion vesting on each of the third and fourth anniversaries of the grant date, and (y) as to 60 percent of the award, in 12 substantially equal installments on each quarterly anniversary of April 1, 2019, and further subject to ECS' achievement of a 2018 performance target. The restricted stock unit awards were granted to the ECS employees as employment inducement awards pursuant to New York Stock Exchange rules.
Concurrent with the acquisition, On Assignment changed its name to ASGN Incorporated to better reflect the combined company's business.
About ECS
ECS is a leading information technology provider delivering solutions in cloud, cybersecurity, software development, IT modernization, and science and engineering. The company's highly skilled teams approach and solve critical, complex challenges for customers across the U.S. public sector, defense, and commercial industries. ECS maintains partnerships with leading cloud and cybersecurity technology providers and holds specialized certifications in their technologies. Founded in 2001 and headquartered in Fairfax, Virginia, ECS has more than 2,400 employees throughout the United States and has been recognized as a Top Workplace by The Washington Post for the last four years. For more information, visit www.ECStech.com.
About ASGN Incorporated
ASGN Incorporated, formerly known as On Assignment, Inc. (NYSE: ASGN) is one of the foremost providers of IT and professional services in the technology, creative/digital, engineering, life sciences and government sectors. Our mission as an organization is to be the premier provider of highly skilled human capital targeting critical STEM skill sets that will drive the economy in the years ahead. Through an integrated suite of professional staffing and IT solutions, ASGN improves productivity and utilization among leading corporate enterprises and government organizations.
Due to our companies' achievements, we are viewed as best in class across multiple industries and have built an outstanding reputation of excellence over the past 33 years.
ASGN is based in Calabasas, California, and has over 156 branch offices across the United States, Canada and Europe. For more information, visit us at www.asgn.com.
Safe Harbor
Certain statements made in this news release are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and involve a high degree of risk and uncertainty. Forward looking statements include statements regarding the anticipated financial and operating performance of the Company and the combined company.
All statements in this release, other than those setting forth strictly historical information, are forward-looking statements. Forward-looking statements are not guarantees of future performance, and actual results might differ materially. Factors that could cause or contribute to such differences include actual demand for our services, our ability to attract, train and retain qualified staffing consultants, our ability to remain competitive in obtaining and retaining clients, the availability of qualified contract professionals, management of our growth, continued performance and improvement of our enterprise-wide information systems, our ability to manage our litigation matters, the successful integration of our acquired subsidiaries, and other risks detailed from time to time in our reports filed with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2017, as filed with the SEC on March 1, 2018 and our press releases on January 31, 2018 and February 14, 2018. We specifically disclaim any intention or duty to update any forward-looking statements contained in this news release.
Contact:
ASGN Incorporated
Investor Inquiries:
Ed Pierce, 818-878-7900
Chief Financial Officer

text: ASGN Incorporated

text: ECS Federal, LLC

text: ASGN Incorporated

text: ASGN Incorporated

text: ECS Federal, LLC

text: Peter Dameris

text: Wells Fargo Bank, National Association

text: ASGN Incorporated

text: ASGN Incorporated

text: ASGN Incorporated

text: ASGN Incorporated


text:
EX-99.1
2
exhibit.htm
Global Self Storage Completes Acquisition of Tuxis Self Storage Facilities in Clinton, Connecticut and Millbrook, New York
New York, NY - January 3, 2017 - Global Self Storage, Inc.
(NASDAQ: SELF),
a real estate investment trust (REIT) that owns and operates self storage facilities, has completed the acquisition of two self storage facilities and a commercial property from Tuxis Corporation (OTC PINK: TUXS) for $6.9 million, which includes $5.925 million in cash and approximately $975,000 of Global Self Storage common stock. Tuxis is a self storage and real estate development company as well as a Global Self Storage affiliate.
The acquired properties, which opened under Global Self Storage management on January, 3, 2017, include a 185 unit, 31,000 square foot mixed traditional indoor, outdoor, and climate-controlled self storage facility located in Clinton, Connecticut, a 142 unit, 15,000 square foot all climate-controlled self storage facility located in Millbrook, New York, and an adjoining 1,875 square foot Millbrook commercial property.
Permits to re-develop and expand the Millbrook facility have been submitted to the local planning and zoning boards. Upon re-development and expansion approval and satisfaction of other conditions, including construction groundbreaking, the company is expected to make an additional $900,000 cash payment to Tuxis.
"The addition of these stores is expected to have an immediate accretive impact on our property revenues, net operating income and funds from operations", said president and chief executive officer of Global Self Storage Mark C. Winmill. "The expansion opportunity at the Millbrook property has the potential to further increase the store's revenues and net operating income".
"The acquisition of these two stores marks our third and fourth in the past five months, and brings the total number of stores in our portfolio to 11. We continue to evaluate our existing stores for expansion potential and pursue acquisition opportunities in secondary and tertiary cities where we believe new development activity may be less concentrated compared to primary markets and urban centers".
About Global Self Storage
Global Self Storage, Inc. is a self-administered and self-managed REIT focused on the ownership, operation, acquisition, development and redevelopment of self storage facilities in the United States. The company's self storage facilities are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. It currently owns and operates, through its wholly owned subsidiaries, eleven self storage properties located in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, and South Carolina. For more information, go to
http://ir.globalselfstorage.us
or visit our self storage customer site at
www.globalselfstorage.us
.
About Tuxis Corporation
Tuxis Corporation is a holding company engaged through its subsidiaries primarily in real estate development and management. To learn more about Tuxis Corporation, including Rule 15c2-11 information, please visit
www.tuxis.com
.
Cautionary Note Regarding Forward Looking Statements
Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, and other information that is not historical information. In some cases, forward looking statements can be identified by terminology such as "believes", "expects", "estimates", "may", "will", "should", "anticipates" or "intends", or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements by the company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company, which may cause the company's actual results to be materially different from those expressed or implied by such statements. The company may also make additional forward looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by the company or on its behalf, are also expressly qualified by these cautionary statements. All forward-looking statements, including without limitation, the company's examination of historical operating trends and estimates of future earnings, are based upon the company's current expectations and various assumptions. The company's expectations, beliefs and projections are expressed in good faith and it believes there is a reasonable basis for them, but there can be no assurance that the company's expectations, beliefs and projections will result or be achieved. All forward looking statements apply only as of the date made. The company undertakes no obligation to publicly update or revise forward looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
Contacts:
Global Self Storage, Inc.
Mark C. Winmill
President and Chief Executive Officer
mwinmill@globalselfstorageinc.com
1-212-785-0900, ext. 201
Liolios Investor Relations
Michael Koehler
SELF@liolios.com
1-949-574-3860
###

text: Global Self Storage

text: Tuxis

text: Global Self Storage, Inc.

text: Tuxis Corporation

text: Global Self Storage

text: Tuxis

text: Global Self Storage

text: Global Self Storage

text: Tuxis

text: Global Self Storage

text: Mark C. Winmill

text: Global Self Storage

text: Global Self Storage, Inc.

text: Tuxis Corporation

text: Tuxis Corporation

text: Tuxis Corporation

text: Global Self Storage, Inc.

text: Mark C. Winmill


text:
EX-99.1
2
c50419_ex99-1.htm
c50419_ex99-1.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing
EMCOR
Group, Inc
.
301 Merritt Seven. 6
th
Floor
Norwalk, CT 06851
Phone 203.849.7938
Fax 203.849.7810
;
FOR:
EMCOR GROUP, INC.
CONTACT:
R. Kevin Matz
Senior Vice President
Shared Services
(203) 849-7938
FD
Investors: Eric Boyriven - 212-850-5600
Linden Alschuler & Kaplan, Inc.
Media: Josh Epstein - 212-575-4545
EMCOR GROUP, INC. COMPLETES TRANSACTION TO ACQUIRE
OHMSTEDE, LTD.
- Acquisition Broadens EMCOR's Presence and Capabilities in the
Industrial Services Sector -
NORWALK, CONNECTICUT, September 19, 2007 - EMCOR Group, Inc. (NYSE: EME) today announced that it has completed its acquisition of Ohmstede, Ltd. ("Ohmstede") for a purchase price of
approximately $455 million in cash, as previously announced.
Headquartered in Beaumont, Texas, Ohmstede is the leading provider of aftermarket maintenance and repair services, replacement parts and fabrication services for highly engineered shell and tube heat
exchangers for the refinery and petrochemical industries.
Frank T. MacInnis, Chairman and Chief Executive Officer of EMCOR, commented, "We are very pleased to have completed this significant strategic transaction. The purchase of Ohmstede allows EMCOR to
expand its presence in the industrial sector, a market with strong secular drivers and good growth prospects. Ohmstede performs mission-critical services for its customers, with the majority of its revenue coming from recurring and highly visible
rebuild, repair, and maintenance work in addition to fabricating and installing highly engineered equipment. Ohmstede's business model aligns extremely well with EMCOR's; each company offers single point of responsibility solutions that
include both field and shop services. Ohmstede has developed a multi-faceted growth strategy that has led to strong organic revenue and earnings growth and under experienced local management we expect this trend to continue".
EMCOR Group, Inc. is a Fortune 500® worldwide leader in mechanical and electrical
construction services, energy infrastructure and facilities services. This press release and other press releases may be viewed at the Company's Web site at
www.emcorgroup.com
.
- MORE -
EMCOR
Group, Inc
.
301 Merritt Seven. 6
th
Floor
Norwalk, CT 06851
Phone 203.849.7938
Fax 203.849.7810
This release may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995. Any such comments are based upon information available to EMCOR
management and its perception thereof, as of this date, and EMCOR assumes no obligation to update any such forward-looking statements. These forward-looking statements may include statements regarding market opportunities, market share growth,
gross profit, backlog mix, projects with varying profit margins, and selling, general and administrative expenses. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the
forward-looking statements. Accordingly these statements are no guarantee of future performance. Such risk and uncertainties include, but are not limited to, adverse effects of general economic conditions, changes in the political environment,
changes in the specific markets for EMCOR's services, adverse business conditions, availability of adequate levels of surety bonding, increased competition, unfavorable labor productivity and mix of business. Certain of the risks and factors
associated with EMCOR's business are also discussed in the Company's 2006 Form 10-K, its Form 10-Q for the second quarter ended June 30, 2007, and in other reports filed from time to time with the Securities and Exchange Commission. All
these risks and factors should be taken into account in evaluating any forward-looking statements.
# # #

text: EMCOR GROUP, INC.

text: EMCOR GROUP, INC.

text: OHMSTEDE, LTD.

text: EMCOR

text: EMCOR Group, Inc.

text: Ohmstede, Ltd.

text: Ohmstede

text: Ohmstede

text: EMCOR

text: Ohmstede

text: EMCOR

text: Ohmstede

text: Ohmstede

text: EMCOR

text: Ohmstede

text: EMCOR Group, Inc.

text: EMCOR

text: EMCOR

text: EMCOR

text: EMCOR


text:
EX-99.1
2
exhibit1.htm
EX-99.1
EX-99.1
News Release
For Immediate Release
For Further Information, Contact:
January 5, 2007
George Lancaster, Hines
713/966-7676
George_lancaster@hines.com
HINES ACQUIRES NINE OFFICE BUILDINGS IN REDMOND, WA
(SEATTLE, WA) - Hines, the international real estate firm, announced today that Hines Real Estate
Investment Trust, Inc. (Hines REIT) has acquired the Daytona and Laguna office complexes - nine
buildings containing approximately 715,000 square feet, in Redmond, WA. The adjacent complexes are
located along the Highway 520 Corridor east of Seattle, and were sold by Hart Properties NW, LLC.
The Seattle office of CBRE, under the leadership of Tim O'Keefe and Steven Hermann
,
represented the
seller in the transaction. Hines Senior Vice President Colin Shepherd, together with the leaders
of Hines' Seattle office, Project Manager Ty Bennion and Asset Manager Randy Dixon, represented
Hines REIT. The complexes are 100 percent leased to tenants including Microsoft Corporation, which
occupies 40 percent of the project, and Honeywell Industrial, Inc., which occupies 54 percent.
Hines will lease and manage the properties on behalf of Hines REIT.
The Daytona complex (approximately 251,000 square feet), which was acquired on December 20,
2006, is comprised of three office buildings:
Daytona
, located at 14999 NE 31
st
Way, is a four-story, 211,731-square-foot, Class
A building which was completed in 2002. The building, which is 100 percent leased to Microsoft,
contains a three-level, below grade parking garage.
Daytona A
, located at 14802-14826 NE 31
st
Circle, is a multi-tenant, single-story,
21,828-square-foot office building.
Daytona B
, located at 14828-14854 NE 31
st
Circle, is a multi-tenant, single-story,
16,956-square-foot office building. The Daytona A and B buildings were constructed in 1978, were
renovated in 2002, and are fully leased to various smaller tenants.
The Laguna complex (approximately 465,000 square feet), which was acquired on January 3, 2007,
is comprised of six office buildings.
Laguna North
, located 15011 NE 36
th
Street, is a three-story, 104,353-square-foot,
Class A office building constructed in 1998. It is 100 percent leased to Microsoft.
Laguna South
, located 14980 NE 31
st
Way, is a three-story, 104,443-square-foot,
Class A office building constructed in 1999. It is 100 percent leased to Honeywell.
Honeywell Buildings 1-4
, located at 15001 NE 36
th
Street, are single-story,
255,905-square-foot flex/office/light manufacturing facilities that were built in the 1960s. They
are 100 percent leased to Honeywell.
The Daytona and Laguna buildings were designed by Mulvanny G2 Architects.
"We believe that the acquisition of the Daytona and Laguna complexes will further enhance the
Hines REIT portfolio with the buildings' quality, long-term tenancy, its Class A space which is
well suited for the tenant base, and its superior accessibility", said Charles Hazen, president of
Hines REIT.
"We have been looking for another opportunity to invest in Redmond ever since selling our
successful Cedar Court development in 2002", Shepherd said. "Tim O'Keefe was also the Hart's
broker on the sale of the adjacent Cedar Court site to us in 1997 and will continue to represent us
on leasing at the property as he did on Cedar Court".
Bennion added, "We think that Seattle's Eastside suburban market is one of the strongest
markets in the country, and the properties' ideal central location on Redmond's highly visible main
transportation artery made this acquisition extremely attractive Hines REIT and us".
Hines REIT is a Houston-based public real estate investment trust sponsored by Hines. Hines
REIT commenced operations in November 2004 and primarily invests in institutional-quality office
properties located in the United States. Including these acquisitions, Hines REIT currently owns
interests in 24 office properties located in Atlanta, Chicago, Dallas, Houston, Los Angeles, Miami,
New York, Richmond, Sacramento, San Diego, San Francisco, Seattle and Washington D.C. For
additional information about Hines REIT, please see
www.hinesreit.com
.
Hines is a fully integrated real estate investment and management firm that has been investing
in real estate and providing acquisition, development, financing, property management, leasing or
disposition services for over 49 years. With offices in 64 U.S. cities and 15 foreign countries,
and controlled assets valued at approximately $13.5 billion, Hines is one of the largest real
estate organizations in the world. Access
www.hines.com
for more information on Hines.
Statements in this news release, including but not limited to those relating to intentions,
beliefs, expectations, projections, plans or predictions, including effects and results of the
acquisition and other statements that are not historical facts are forward looking statements that
are based on current expectations and assumptions that may prove incorrect or inaccurate.
Important factors that could cause actual results to differ materially from those in the forward
looking statements include risks associated with property acquisitions, changes in general economic
and real estate market conditions, interest rate fluctuations, competition, dependence on tenants'
financial condition, dependence on Hines and other risks described in the "Risk Factors" section of
Hines REIT's Registration Statement on Form S-11 and its other filings with the Securities and
Exchange Commission.

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text: Hart Properties NW, LLC

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text: Charles Hazen

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