text:
EX-99.1
5
a51766569ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
Howard Bancorp Completes Acquisition of First Mariner Bank, Progresses on Integration and Relocation
ELLICOTT CITY, Md.--(BUSINESS WIRE)--March 1, 2018--Howard Bancorp, Inc. (Nasdaq:HBMD) ("Howard") announced today that it completed the acquisition of First Mariner Bank.
With the transaction finalized, the combined Howard team will immediately begin to implement tactical plans for the successful integration of the former First Mariner's staff, branches, and systems. The combined organization, which will conduct business under the Howard Bank name, will operate 21 locations in the Greater Baltimore Metropolitan Area. New signage will be installed immediately at all First Mariner branch and mortgage locations to reflect the integrated Howard Bank and the resulting greater presence in the region.
Howard Bancorp, the parent of Howard Bank, will relocate its corporate headquarters from Ellicott City, Md., to First Mariner's headquarters in Baltimore City, Md. As a result of the merger, the relocation and a strong history of both organic growth and prior acquisitions, Howard Bank is now the largest bank based in Baltimore. This acquisition brings and retains approximately 160 employees in the city.
"We are excited to expand our internal and external communities by welcoming the First Mariner investors, its customers, and its team", said Mary Ann Scully, Howard Bank's Chairman and Chief Executive Officer. "The combination of our two banks creates a uniquely winning proposition for our customers, prospective customers and centers of influence in Baltimore's business community. With the doubling of the shared focus on small and medium-sized businesses, the shared expertise and the commitment of our local policy makers who are exclusively focused on this marketplace, we can achieve the best of both, strong and local, for the businesses that shape the fabric of this region. Expanded product sets, higher lending limits and larger customer facing staffs will allow us to build the best business bank in the region".
Robert Kunisch, the Chief Executive Officer of First Mariner, who will join the Howard and Howard Bank boards of directors and assume the role of President of Howard and Howard Bank, added, "We see an incredible opportunity to continue to build Howard Bank into an institution that is unmatched in serving the Baltimore region's business community. The combination provides more lending muscle and an energized team that will have a positive impact on businesses throughout the region".
The transaction enables Howard Bank to expand benefits, training and advancement opportunities and access to share ownership for all continuing employees. It also provides Howard Bank with the scale to increase its combined community philanthropy budget notably over the levels previously committed.
"The expanded philanthropy budget will allow us to place a special focus on partnering with local not-for-profit organizations on both workforce development activities for young and displaced adults and expanding access to the arts in stressed communities", Scully said. "We are also using this opportunity to formalize support of our employees for their volunteer activities in the community. For our shareholders, the financial outlook for the larger company is bright".
For Howard, this milestone transaction follows 2017, which was a year in which the institution organically grew assets by 12% to $1.15 billion, total loans by 14% to $937 million, total commercial loans by 21% to $360 million, total deposits by 7% to $864 million, and total common shareholders' equity by 53% to $132 million.
With the addition of First Mariner, Howard expects to have pro forma assets of $2.1 billion, pro forma loans of $1.6 billion and pro forma deposits of $1.6 billion, based on year-end financial data from 2017.
"This is certainly a transformational deal for us as a company, for the employees who at the end of the day are our strongest differentiator, and for our individual and commercial customers", said Scully, who will continue as Chair and Chief Executive Officer of Howard and Howard Bank. "But we are just as thrilled about what this combination is going to mean for the communities that we serve which are geographically clustered around Baltimore from Annapolis and Columbia to Bel Air and Elkton".
About Howard Bancorp, Inc.
Howard Bancorp, Inc. is the parent company of Howard Bank, a Maryland-chartered trust company operating as a commercial bank. Headquartered in Baltimore, Maryland, Howard Bank operates a general commercial banking business through its 21 branches located throughout the Greater Baltimore Metropolitan Area. It had consolidated assets of approximately $1.15 billion at December 31, 2017, and as noted above, expects to have approximately $2.1 billion in assets with this merger. Additional information about Howard Bancorp, Inc. and Howard Bank is available on the company's web site at
www.howardbank.com
.
Forward-Looking Statement Disclaimer
This press release contains estimates, predictions, opinions, projections and other "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements often use words such as "anticipate", "believe", "contemplate", "estimate", "expect", "forecast", "intend", "may", "plan", "project", "should", "will", or other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. Such statements include, without limitation, references to Howard's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions and future performance, including our growth strategy and expansion plans, including potential acquisitions. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.
In addition to factors previously disclosed in Howard's reports filed with the U.S. Securities and Exchange Commission (the "SEC"), the following factors among others, could cause actual results to differ materially from forward-looking statements or historical performance: difficulties and delays in integrating the First Mariner business or fully realizing cost savings and other benefits of the merger; business disruption following the merger; changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; customer acceptance of First Mariner products and services; customer disintermediation; the introduction, withdrawal, success and timing of business initiatives; the inability to realize cost savings or revenues or to implement integration plans and other consequences associated with mergers, acquisitions and divestitures; the impact, extent and timing of technological changes, capital management activities, and other actions of the Federal Reserve Board and legislative and regulatory actions and reforms.
Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results.
CONTACT:
Howard Bancorp, Inc.
Wade Barnes, 410-967-4389
SVP, Marketing
wbarnes@howardbank.com
or
212 Communications
Bill Atkinson, 443-797-4150
Partner
batkinson@212comm.com
or
Investors:
Howard Bancorp, Inc.
George C. Coffman, 410-750-0020
Chief Financial Officer
gcoffman@howardbank.com

text: Howard Bancorp

text: First Mariner Bank

text: Howard Bancorp, Inc.

text: First Mariner Bank

text: Howard Bancorp

text: Howard Bancorp, Inc.

text: Howard Bancorp, Inc.

text: Howard Bancorp, Inc.

text: Howard Bancorp, Inc.

text: Howard Bancorp, Inc.


dataset: buster

text:
EX-99.1
3
a10-12131_1ex99d1.htm
EX-99.1
Exhibit 99.1
Investor
Relations:
Alexandra
Lynn
+1 (617)
747-3300
ir@amg.com
Media
Relations:
Laura
O'Brien
+1 (617)
747-3300
pr@amg.com
AMG Completes Investment in Private Equity Fund-of-Funds
Manager Pantheon
BOSTON, June 30, 2010
- Affiliated Managers Group, Inc. (NYSE: AMG) today
announced the completion of the acquisition of Pantheon from Russell
Investments, a subsidiary of Northwestern Mutual Life Insurance Company.
Pantheon is a
leading global private equity fund-of-funds manager, delivering private equity
investment solutions to a broad range of clients for over 25 years. Pantheon manages regional funds-of-funds in
Europe, the United States and Asia, as well as global secondary funds-of-funds,
global infrastructure fund-of-funds and customized separate account
programs. Pantheon currently has
committed funds under management of approximately $26 billion across 300 global
clients, including pension funds, endowments, government bodies and insurance
companies. The firm has experienced high
client retention throughout its history, reflecting its strong performance over
different economic cycles and high standards of client service. With a team of 64 investment professionals
(and a total staff of 140) in offices located in London, San Francisco, New
York and Hong Kong, Pantheon is well-equipped to invest and serve clients
worldwide.
In the Pantheon transaction, AMG
purchased a majority equity interest, while the Pantheon management team
acquired the remaining equity interest. Pantheon management will continue to direct the firm's day-to-day operations.
About Affiliated Managers Group
AMG is a global asset management
company with equity investments in leading boutique investment management
firms. AMG's innovative partnership
approach allows each Affiliate's management team to own significant equity in
their firm while maintaining operational autonomy. AMG's strategy is to generate growth through
the internal growth of existing Affiliates, as well as through investments in
new Affiliates. In addition, AMG
provides centralized assistance to its Affiliates in strategic matters,
marketing, distribution, product development and operations. As of March 31, 2010, the aggregate
assets under management of AMG's Affiliates were approximately $260 billion in
more than 350 investment products across a broad range of investment styles,
asset classes and distribution channels.
For more information, please visit the Company's website at www.amg.com.
Certain matters
discussed in this press release may constitute forward-looking statements
within the meaning of the federal securities laws. Actual results and the timing of certain
events could differ materially from those projected in or contemplated by the
forward-looking statements due to a number of factors, including changes in the
securities or financial markets or in general economic conditions, the
availability of equity and debt financing, competition for acquisitions of
interests in investment management firms, the ability to close pending
investments, the investment performance of our Affiliates and their ability to
effectively market their investment strategies, and other risks detailed from
time to time in AMG's filings with the Securities and Exchange Commission. Reference is hereby made to the "Cautionary
Statements" set forth in the Company's Form 10-K for the year ended December 31,
2009.
AMG routinely
posts information that may be significant for investors in the Investor
Information section of its website, and encourages investors to consult that
section regularly. For additional
information, please visit www.amg.com.
###

label: fund

text: AMG

override: fund

text: Pantheon

text: Affiliated Managers Group, Inc.

text: AMG

text: Pantheon

review_confirmation: User-confirmed fund; annotate all exact mentions in this document

text:
Russell
Investments

review_confirmation: User-confirmed BUSTER seller span

label: organization

text: Northwestern Mutual Life Insurance

override: organization

text: Pantheon

text: Pantheon

text: Pantheon

text: Pantheon

text: Pantheon

text: AMG

text: Pantheon

text: Pantheon

text: AMG

text: AMG

text: AMG

text: AMG

text: AMG

text: AMG

text: AMG

source_dataset: expertai/BUSTER

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


text:
EX-99
2
ex991.htm
PRESS RELEASE DATED 06-09-2010
_
Exhibit 99.1
PRESS RELEASE
Contact
For Release
Lynn Felsinger
Visualant, Inc.
206.903.1351 phone
206.903.1352 fax
lynn@visualant.net
Visualant Acquires TransTech Systems; Details Growth Strategy
Seattle, WA. June 9, 2010/
Business Wire
Visualant, Inc. (OTCBB: VSUL)
(the "Company), an emerging leader in security and authentication systems technology, announced today the completion of its acquisition of TransTech Systems, Inc. ("TransTech") of Aurora, OR on June 8, 1010.
TransTech, founded in 1994, is a distributor of access control and authentication systems serving the security and law enforcement markets. With recorded revenues of $10 million in 2009, TransTech has a respected national reputation for outstanding product knowledge, sales and service excellence. Their management team is lead by TransTech founder, Jim Gingo, a highly regarded industry veteran and one of the early members of the Document Security Alliance, an organization co-founded by the United States Secret Service and concerned industry representatives after the events of 9/11. He sits on the Board of the Security Industry Association. Gingo is also joining the Visualant Board of Directors with the closing of the acquisition.
"This acquisition is a major milestone that marks the start of a dramatic phase of growth and development for our company", said Visualant CEO Ron Erickson.
According to Erickson, Visualant's strategy is to accelerate market entry and penetration through the acquisition of well-operated and positioned distributors of security and authentication systems like TransTech, thus creating a natural distribution channel for products featuring the company's proprietary Spectrum Pattern Matching (SPM) technology.
"We believe following this strategy accelerates the company's access to national distribution channels and an established base of customers", Erickson commented. "We can create new, and enhance existing products based on Visualant's SPM technology. This will stimulate product sales and generate new revenue, enhancing profitability across the entire distribution network. We believe we can quickly increase the value of both our technology and of the distribution companies we acquire which will provide a tremendous value to our shareholders".
TransTech CEO and industry veteran, Jim Gingo, agrees. "This is truly a case in which the whole is greater than the sum of the parts." said Gingo. "I believe Visualant's SPM technology can create the next generation of more powerful sensors and authentication products eagerly sought by law enforcement and security professionals in this $76 billion worldwide market".
Erickson states, "Visualant's strategy, over the next 18 to 24 months, is to generate combined annual revenue in the range of $35 to $50 million, through the acquisition of other high quality companies complementary to TransTech. "We believe TransTech does the job of bringing Visualant's SPM technology to the market, and drives growth in product sales", Erickson added. "We have already identified a number of truly exciting launch potentials for the technology, and we continue to get an enthusiastic response from prospective customers and security system developers alike".
About Visualant, Inc.
Visualant, Inc. is an emerging leader in security and authentication systems technology. Through its wholly-owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.
Safe Harbor Statement
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this press release reflect the good faith judgment of our management and are based on facts and factors currently known to us. Forward-looking statements are subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements as a result of either the matters set forth or incorporated in this press release generally or certain economic and business factors, some of which may be unknown to and/or beyond the control of Visualant, Inc.. Specifically, we are exposed to various risks related to our need for additional financing to support our technology development, acquiring or investing in new businesses and ongoing operations, the sale of a significant number of our shares of common stock could depress the price of our common stock, the market price of our common stock may be volatile, and we may incur losses in the future. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We do not undertake, and we expressly disclaim, any obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.

text: Visualant, Inc.

text: Visualant

text: TransTech Systems

text: Visualant, Inc.

text: TransTech Systems, Inc.

text: Aurora, OR

text: Visualant

text: Visualant

text: Visualant

text: Visualant

text: Visualant

text: Visualant

text: Visualant

text: Visualant, Inc.

text: Visualant, Inc.

text: TransTech Systems, Inc.

text: Visualant, Inc.


text:
EX-99.1
7
ex99-1.htm
EX-99.1
From: EnviroStar, Inc.
290 NE 68 Street
Miami, FL 33138
Henry M. Nahmad (305) 754-8676
Michael Steiner (305) 754-8676
FOR RELEASE at 8:00AM on Monday February 12, 2018
EnviroStar Completes the Acquisitions of AAdvantage Laundry
Systems and Sky-Rent
Miami, Florida - February 12, 2018 -
EnviroStar, Inc. (NYSE American: EVI) announced that it completed the acquisition of Zuf Acquisitions I LLC d/b/a/ AAdvantage Laundry
Systems, a Dallas, Texas based distributor of commercial laundry products and a provider of installation and maintenance services,
and Sky-Rent LP, a Dallas, Texas based provider of commercial laundry rental solutions (collectively "AAdvantage").
Henry M. Nahmad, EVI's Chairman and Chief
Executive Officer, commented: "AAdvantage represents EVI's first investment in the southcentral region of the United
States. This investment is consistent with our plan to build North America's largest commercial laundry distributor delivering
a comprehensive product offering, world-class installation and maintenance services, and advanced technologies that deliver on
our pursuit of growth. We welcome all 51 members of the AAdvantage team and are excited to work together in the years ahead".
About EnviroStar
EnviroStar, Inc. is a distributor of commercial,
industrial, and vended laundry products and industrial boilers, including related parts and supplies. Through its subsidiaries,
EVI sells its products and provides installation and maintenance services to thousands of customers across the United States, the
Caribbean, and Latin America. EVI seeks to grow its North American market share through the execution of its buy-and-build strategy.
In that pursuit, EVI intends to focus on buying market-leading laundry and commercial cleaning products businesses, and building
them through the implementation of a growth culture that focuses on adding new locations, offering a more expansive and complimentary
product line, and delivering a vast array of technical services.
Forward-Looking Statements
Except for the historical matters contained
herein, statements in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements are subject to a number of known and unknown risks and uncertainties
that may cause actual results, trends, performance or achievements of EnviroStar, or industry trends and results, to differ from
the future results, trends, performance or achievements expressed or implied by such forward-looking statements. These risks and
uncertainties include, among others, that the acquisitions of AAdvantage and Sky-Rent may not be accretive to EnviroStar's
earnings or otherwise have a positive impact on EnviroStar's operating results or financial condition to the extent anticipated
or at all, integration risks, risks related to the business, operations and prospects of each of AAdvantage and Sky-Rent and EnviroStar's
plans with respect thereto, and the risks related to EnviroStar's operations, results, financial condition, financial resources,
and growth strategy, including EnviroStar's ability to find and complete other acquisition opportunities, and the impact
of any such acquisitions on EnviroStar's operations, results and financial condition. Reference is also made to other economic,
competitive, governmental, technological and other risks and factors discussed in EnviroStar's filings with the Securities
and Exchange Commission, including, without limitation, those disclosed in the "Risk Factors" section of EnviroStar's
Annual Report on Form 10-K for the fiscal year ended June 30, 2017 filed with the SEC on September 28, 2017. Many of these risks
and factors are beyond EnviroStar's control. In addition, past performance and perceived trends may not be indicative of
future results. EnviroStar cautions that the foregoing factors are not exclusive. The reader should not place undue reliance on
any forward-looking statement, which speaks only as of the date made. EnviroStar does not undertake to, and specifically disclaims
any obligation to, update or supplement any forward-looking statement, whether as a result of changes in circumstances, new information,
subsequent events or otherwise, except as may be required by law.

text: EnviroStar, Inc.

text: EnviroStar

text: AAdvantage Laundry

text: EnviroStar, Inc.

text:
AAdvantage Laundry
Systems

text: Sky-Rent LP

text: EnviroStar

text: EnviroStar, Inc.

text: EnviroStar

text: EnviroStar

text: EnviroStar

text: EnviroStar

text: EnviroStar

text: EnviroStar

text: EnviroStar

text: EnviroStar

text: EnviroStar

text: EnviroStar

text: EnviroStar

text: EnviroStar


text:
EX-99.1
5
exh_991.htm
EXHIBIT 99.1
Consolidated Communications Completes Acquisition of Enventis Corporation
EXHIBIT 99.1
Consolidated Communications Completes Acquisition of Enventis Corporation
MATTOON, Ill., Oct. 16, 2014 (GLOBE NEWSWIRE) -- Consolidated Communications Holdings, Inc. ("Consolidated") (Nasdaq:CNSL) announced today that it has completed the previously announced acquisition of Enventis Corporation ("Enventis") (Nasdaq:ENVE).
"We are excited to finalize the acquisition and are looking forward to the opportunities that lie ahead", said Bob Currey, Consolidated's Chairman and Chief Executive Officer. "This transaction with Enventis brings together two companies with similar strategies and consistent cash flows. The combined company will utilize its extensive fiber network to deliver a diverse set of revenues across multiple markets resulting in a stronger, more competitive company".
At the effective time of the merger, shares of Enventis common stock will be converted into the right to receive 0.7402 shares of common stock of the Company.
No fractional shares of Company common stock will be issued to any Enventis shareholder in the Merger. Each Enventis shareholder who would otherwise have been entitled to receive a fraction of a share of Company common stock in the Merger will receive an amount in cash (without interest), rounded to the nearest whole cent, equal to the product obtained by multiplying (i) the fractional share of Company common stock to which such holder would otherwise be entitled by (ii) $25.40 (which represents the last reported sale price of Company common stock on the Nasdaq Stock Market on the last complete trading day prior to the date of the effective time of the Merger).
About Consolidated
Consolidated Communications Holdings, Inc. is a leading communications provider within its six state operations of California, Illinois, Kansas, Missouri, Pennsylvania and Texas. Headquartered in Mattoon, IL, Consolidated has been providing services in many of its markets for over a century. With one of the highest quality networks in the industry, Consolidated offers a wide range of communications services, including IP-based digital and high definition television, high speed internet, Voice over IP, carrier access, directory publishing and local and long distance service.
Safe Harbor
The Securities and Exchange Commission ("SEC") encourages companies to disclose forward-looking information so that investors can better understand a company's future prospects and make informed investment decisions. Certain statements in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. These forward-looking statements reflect, among other things, our current expectations, plans, strategies, and anticipated financial results. There are a number of risks, uncertainties, and conditions that may cause our actual results to differ materially from those expressed or implied by these forward-looking statements. These risks and uncertainties include our ability to complete the acquisition of Enventis and successfully integrate Enventis' operations and realize the synergies from the acquisition, as well as a number of factors related to our business and that of Enventis, including economic and financial market conditions generally and economic conditions in Consolidated's and Enventis' service areas; various risks to shareholders of not receiving dividends and risks to Consolidated's ability to pursue growth opportunities if Consolidated continues to pay dividends according to the current dividend policy; various risks to the price and volatility of Consolidated's common stock; changes in the valuation of pension plan assets; the substantial amount of debt and Consolidated's ability to repay or refinance it or incur additional debt in the future; Consolidated's need for a significant amount of cash to service and repay the debt and to pay dividends on the common stock; restrictions contained in the debt agreements that limit the discretion of management in operating the business; regulatory changes, including changes to subsidies, rapid development and introduction of new technologies and intense competition in the telecommunications industry; risks associated with Consolidated's possible pursuit of acquisitions; system failures; losses of large customers or government contracts; risks associated with the rights-of-way for the network; disruptions in the relationship with third party vendors; losses of key management personnel and the inability to attract and retain highly qualified management and personnel in the future; changes in the extensive governmental legislation and regulations governing telecommunications providers and the provision of telecommunications services; telecommunications carriers disputing and/or avoiding their obligations to pay network access charges for use of Consolidated's and Enventis' network; high costs of regulatory compliance; the competitive impact of legislation and regulatory changes in the telecommunications industry; and liability and compliance costs regarding environmental regulations. A detailed discussion of these and other risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements are discussed in more detail in Consolidated's and Enventis' filings with the Securities and Exchange Commission, including their reports on Form 10-K and Form 10-Q. Many of these circumstances are beyond our ability to control or predict. Moreover, forward-looking statements necessarily involve assumptions on our part. These forward-looking statements generally are identified by the words "believe", "expect", "anticipate", "estimate", "project", "intend", "plan", "should", "may", "will", "would", "will be", "will continue" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of Consolidated Communications Holdings, Inc. and its subsidiaries to be different from those expressed or implied in the forward-looking statements. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements that appear throughout this press release. Furthermore, forward-looking statements speak only as of the date they are made. Except as required under the federal securities laws or the rules and regulations of the Securities and Exchange Commission, we disclaim any intention or obligation to update or revise publicly any forward-looking statements. You should not place undue reliance on forward-looking statements.
CONTACT: Matt Smith
VP of Finance & Treasurer
217-258-2959
matthew.smith@consolidated.com

text: Consolidated Communications

text: Enventis Corporation

text: Consolidated Communications

text: Enventis Corporation

text: Consolidated Communications

text: Enventis Corporation

text: Consolidated Communications

text: Consolidated Communications

label: person

text: Matt Smith


text:
EX-99
2
ex99.htm
PRESS RELEASE
ex99.htm
Exhibit
99
INVITROGEN
AND APPLIED BIOSYSTEMS COMPLETE MERGER
CARLSBAD, Calif.
- (BUSINESS
WIRE)
- Invitrogen
Corporation (NASDAQ: IVGN) and Applied Biosystems Inc. (NYSE: ABI) today
announced the successful completion of their merger transaction. The
new company will be named Life Technologies Corporation and will be traded on
the NASDAQ Global Select Market under the ticker symbol "LIFE" beginning
November 24, 2008.
"This is an exciting time in the history
of Invitrogen and Applied Biosystems", said
Greg Lucier, Chairman and
Chief Executive Officer of Life Technologies
. "By combining these two highly respected brands, we are not only creating a stronger
company, but an industry thought leader
, uniquely positioned to help our
customers accelerate and drive new discoveries and commercial
applications.
"
On behalf of the new management
team, I want to welcome all employees to our new company", Lucier
added. "I am confident that together we will change the future of
life science".
Merger Consideration Election
Results
Preliminary results of elections made by
Applied Biosystems stockholders regarding their preferences as to the form of
merger consideration were announced on November 20, 2008. The majority of
Applied Biosystems stockholders elected to receive their consideration in the
form of all cash. As a result, those stockholders who have elected to receive
the cash consideration will receive slightly more cash and slightly fewer shares
than they would have received if they had elected the mixed consideration. The
company expects to have final election results and pro-rated disbursement
figures determined by November 28, 2008, at which time the company will make an
announcement with such figures. Disbursements of proceeds are expected to be
made no later than the first week of December.
About Life
Technologies
Life
Technologies (NASDAQ: LIFE - News) is a global biotechnology tools company
dedicated to improving the human condition. Our systems, consumables
and services enable researchers to accelerate scientific exploration, driving to
discoveries and developments that make life even better. Life
Technologies customers do their work across the biological spectrum, working to
advance personalized medicine, regenerative science, molecular diagnostics,
agricultural and environmental research, and 21st century
forensics. The company has historical sales of approximately $3.5
billion, employs 9,500 people, has a presence in more than 100 countries, and
possesses a rapidly growing intellectual property estate of over 3,600 patents
and exclusive licenses. Life Technologies was created by the
combination of Invitrogen Corporation and Applied Biosystems Inc. For
more information on how we are making a difference please visit our website:
www.lifetechnologies.com
Safe
Harbor Statement
Certain
statements contained in this press release are considered "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995, and it is Life Technologies intent that such statements be protected by
the safe harbor created thereby. Potential risks and uncertainties include, but
are not limited to: potential difficulties that may be encountered in
integrating the merged businesses; potential uncertainties regarding market
acceptance of Life Technologies; Life Technologies' ability to protect its
intellectual property rights; competitive responses to the merger; an economic
downturn, including the deterioration in economic and market conditions
currently being experienced; risks that revenues may be lower than expected;
Life Technologies' ability to make accurate estimates and control costs; Life
Technologies' and its partners' ability to bid on, win, perform and renew
contracts and projects; the need to develop new products and adapt to
significant technological change; exposure to environmental liabilities and
litigation; liabilities for pending and future litigation; the impact of changes
in laws and regulations; industry competition; Life Technologies' ability to
attract and retain key employees; employee, agent or partner misconduct; risks
associated with changes in equity-based compensation requirements; Life
Technologies' leveraged position and ability to service debt; risks associated
with international operations; third-party software risks; terrorist and natural
disaster risks; anti-takeover risks and other factors; as well as other risks
and uncertainties detailed from time to time in Life Technologies' Securities
and Exchange Commission filings.
Contact
Information:
Amanda
Clardy
760-476-7075
Amanda.clardy@invitrogen.com
or
Farnaz
Khadem, 760-603-7245
Farnaz.khadem@invitrogen.com

text: INVITROGEN

text: APPLIED BIOSYSTEMS

text:
Invitrogen
Corporation

text: Applied Biosystems Inc.

text: Invitrogen

text: Applied Biosystems

text: Greg Lucier

text: Applied Biosystems

text: Applied Biosystems

text: Invitrogen Corporation

text: Applied Biosystems Inc.


text:
EX-99.1
7
v154627_ex99-1.htm
Exhibit
99.1
CONTACT
:
Butler
International, Inc.
Ronald
Uyematsu
954-761-2201
Butler
America LLC
Robert
Olson
805-880-1930
July 9,
2009
BUTLER
COMPLETES SALE OF ASSETS TO BUTLER AMERICA
Ft.
Lauderdale, FL..
.
Butler International, Inc. (BUTL.PK), a leading provider of
Engineering Support and TechOutsourcing services, announced today that it has
completed its previously announced sale of substantially all of its
non-publishing assets to Butler America LLC.
Butler
International was granted bankruptcy court approval on July 1, 2009 to proceed
with the sale, and closed the transaction on July 7, 2009 for consideration of
approximately $26.2 million in cash, plus the assumption of certain
liabilities. Proceeds from the sale were sufficient to pay off the
debt owed to General Electric Capital Corporation.
Ronald
Uyematsu, CEO and President of Butler International stated "Butler America
represents a new opportunity for the business, which has a 60+ year history of
providing quality services. This sale provides the financial strength
to enable the historical business to grow and expand its services".
About
Butler International, Inc.
Butler International, Inc.
is
a leading provider of Engineering and Technical Outsourcing services, helping
customers worldwide increase performance and savings. Butler
International's global services model provides clients with onsite, offsite, or
offshore service delivery options customized appropriately to their unique
objectives. During its 62-year history of providing services, Butler
International has served many prestigious companies through its industry groups,
which include clients in the aircraft/aerospace, federal/defense,
communications, consumer and manufacturing and commercial sectors.
Information
contained in this press release, other than historical information, may be
considered forward-looking in nature as such it is based upon certain
assumptions and is subject to various risks and uncertainties, which may not be
controllable by Butler International. Actual results may differ materially
from forward-looking statements due to a number of risks and uncertainties
including: developments in the previously disclosed bankruptcy proceedings,
liabilities assumed by Butler America in the acquisition of Butler International
assets may be greater than anticipated; key personnel may not remain with Butler
America following the closing of the Butler America asset acquisition; the
anticipated synergies from the acquisition of the Butler International assets
may not be achieved; the combined operations may not be successfully integrated
in a timely manner, if at all; and economic conditions impacting the staffing
decisions of Butler America's customers.
Mindpower
for a Changing World
SM
World
Headquarters
New
River Center, 200 E. Las Olas Blvd.
Ft.
Lauderdale, FL 33301
www.butler.com

text:
Butler
International, Inc.

text:
Ronald
Uyematsu

text:
Butler
America LLC

text: BUTLER

text: BUTLER AMERICA

text: Butler International, Inc.

text: Butler America LLC

text:
Ronald
Uyematsu

text: Butler America

text: Butler International, Inc.

text: Butler International, Inc.

text: Butler America

text:
Butler
America

text: Butler America

text: Butler America


text:
EX-99.1
12
v129773_ex99-1.htm
MANDALAY
MEDIA COMPLETES $22.8 MILLION ACQUISITION OF AMV HOLDING LIMITED AND SECURES
$4.5 MILLION EQUITY FINANCING
Combination
of AMV and Twistbox Creates Next Generation Mobile Media and Marketing
Company
LOS
ANGELES
-
(October 27, 2008) - Mandalay
Media, Inc.
(MNDL.OB) (the "Company") announced today the completion of the acquisition of
AMV
Holding Limited
("AMV"),
a European leader in direct-to-consumer mobile Internet content and services.
The Company paid $10.75 million in a combination of cash and the issuance of
a
promissory note, as well as delivered an aggregate of 4.5 million shares of
the
Company based on the value of $2.67 per share. Concurrent with the closing
of
the acquisition, the Company secured a $4.5 million equity financing at $2.67
per share, which includes 50% warrant coverage with each warrant having an
exercise price of $2.67 per share. Further details of the transactions will
be
available in a Current Report on Form 8-K, to be filed by the Company with
the
Securities and Exchange Commission. AMV will be integrated with Mandalay Media's
mobile subsidiary, Twistbox
Entertainment, Inc.
("Twistbox"). Together Twistbox and AMV will employ over 200 people, with
offices in the Unites States, United Kingdom, Germany, Poland, Russia, Mexico
and Brazil. AMV's UK offices in Marlow will serve as the Company's European
mobile headquarters.
Twistbox
and AMV have a combined distribution and reach in excess of 1.2 billion mobile
devices. On a monthly basis, the Company's current services and destinations
represent a growing base of more than three million mobile subscribers and
in
excess of 100 million page views. On a pro forma basis for the six months ending
March 31, 2009 (i.e., the second half of the Company's fiscal year), combined
revenues are expected to be in excess of $30 million, with EBITDA (excluding
stock option expense) of approximately $4 million. The forward looking pro
forma
estimates are based on April 1, 2008 to September 30, 2008 historical operating
results for both AMV and Twistbox and do not include anticipated operating
efficiencies or synergies.
"The
acquisition of AMV allows us to almost triple our monthly mobile revenue while
gaining the scale and profitability to be a worldwide force in the expansive
mobile content arena", said Bruce Stein, CEO of Mandalay Media. "Mobile is the
first of several digital media businesses that Mandalay plans to build. The
combination of Twistbox and AMV is a great example of what our team and platform
is capable of creating in just eight months".
"The
combination of Twistbox's global on-deck distribution with AMV's
direct-to-consumer expertise uniquely positions Mandalay Media to deliver
compelling consumer propositions while maximizing revenues for its wireless
operator and content partners", stated Twistbox CEO Ian Aaron. "AMV's Founders
and Managing Directors Nate MacLeitch and Jack Cresswell have demonstrated
over
the past four years their ability to drive both growth and profitability in
a
rapidly developing European mobile market while positioning AMV as a leader
and
innovator in marketing mobile internet services".
"This
is
a great opportunity to take our direct-to-consumer business to the next level,"
stated Nate MacLeitch. "We are excited about the opportunity to accelerate our
revenue growth by taking our proven products and mobile marketing capabilities
into Twistbox territories including the United States, Europe, Latin America
and
Asia and enhance our offering with Twistbox's stable of leading consumer branded
content and partnerships. We see a great opportunity in these market conditions
to leverage the platform created by Mandalay Media to grow our business
organically and through other strategic acquisitions".
About
AMV Holding Limited:
AMV
is a
leading mobile media and marketing company delivering games and lifestyle
content directly to consumers in the United Kingdom, Australia, South Africa
and
various other European countries. AMV markets its well established branded
services including Bling,
Phonebar
and
GameZone
through
a unique Customer Relationship Management (CRM) platform that drives revenue
through mobile internet, print and TV advertising. For more information, please
visit www.amvholding.com.
About
Twistbox Entertainment, Inc.:
Twistbox
is a leading global producer and publisher of mobile entertainment. Twistbox
has
exclusive licenses with industry-leading brands, direct distribution with more
than 120 wireless operators in over 45 countries and provides an extensive
portfolio of award-winning games, WAP sites and mobile TV channels. For more
information, please visit www.twistbox.com.
.
About
Mandalay Media, Inc.:
Managed
by
leading media and technology industry executives, the Company's mission is to
build a unique combination of new media distribution and content companies
through acquisitions with domestic and foreign businesses with strong management
teams and historical financial performance. For
more
information, please visit www.mandalaymedia.com.
Safe
Harbor:
This
press release contains forward-looking statements about the Company within
the
meaning of the Private Securities Litigation Reform Act of 1995. Statements
including words such as "estimate", "expect", "anticipate" or "believe" and
statements in the future tense are forward-looking statements. These
forward-looking statements are subject to risks and uncertainties that could
cause actual events or actual future results to differ materially from the
expectations set forth in the forward-looking statements. Some of the factors
which could cause the Company's results to differ materially from the
expectations include the following: consumer demand for the Company's products;
consumer spending trends; fluctuations in the currencies of the countries in
which the Company operates against the US dollar; timely development and release
of the Company's products; competition in the industry; the Company's ability to
manage expenses; the Company's ability to manage and sufficiently integrate
acquisitions of other companies; adverse changes in the securities markets;
and
other factors described in our filings with the SEC, including our Annual Report
on Form 10-KT for the transition period from January 1, 2008 to March 31, 2008.
The Company does not undertake, and specifically disclaim any obligation, to
release publicly the results of any revisions that may be made to any
forward-looking statements to reflect the occurrence of anticipated or
unanticipated events or circumstances after the date of such
statements.
Contacts:
Mandalay
Media
+1-310-601-2500
Bruce
Stein
CEO
bstein@mandalaymedia.com
or
Twistbox
Entertainment
+1-818-301-6222
Ian
Aaron
President/CEO
ian@twistbox.com
#
#
#

text:
MANDALAY
MEDIA

text: AMV HOLDING LIMITED

text:
Mandalay
Media, Inc.

text:
AMV
Holding Limited

text: Mandalay Media

text: Bruce Stein

text: Mandalay Media

text: Mandalay Media

text: Ian Aaron

text: Mandalay Media

text: AMV Holding Limited

text: Mandalay Media, Inc.

text:
Mandalay
Media

text:
Bruce
Stein

text:
Ian
Aaron


text:
EX-99.1
4
ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
SIGA Announces Priority Review Voucher Transaction Totaling $80 Million
November 1, 2018, 7:30am ET
NEW YORK -- SIGA Technologies, Inc. (SIGA) (NASDAQ: SIGA), a commercial-stage pharmaceutical company focused on the health security market, today
announced that it has entered into an agreement to sell its medical countermeasures priority review voucher (PRV) for a lump sum payment of $80 million. SIGA was awarded the PRV in July 2018 upon approval by the U.S. Food and Drug
Administration (FDA) of oral TPOXX® for the treatment of smallpox. The PRV was awarded by FDA under a provision that encourages development of medical countermeasures enacted as part of the 21
st
Century Cures Act (Public Law
114-255).
"The opportunity to complete transactions like this is an important incentive for the continued development of products like TPOXX and will help us
continue to drive value for our partners in Health Security as well as our own business." said Dr. Phil Gomez, CEO of SIGA. "SIGA is proud to have worked closely with BARDA, CDC, the FDA and other stakeholders to make TPOXX the first
FDA-approved countermeasure eligible under this important program".
Leerink Partners LLC acted as financial advisor to SIGA and Covington & Burling LLP acted as legal advisor.
ABOUT SIGA TECHNOLOGIES, INC. and TPOXX
®
SIGA Technologies, Inc. is a commercial-stage pharmaceutical company focused on the health security market. Health security comprises countermeasures
for biological, chemical, radiological and nuclear attacks (biodefense market), vaccines and therapies for emerging infectious diseases, and health preparedness. Our lead product is TPOXX
®
, also known as tecovirimat and ST-246®, an
orally administered and IV formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. TPOXX is a novel small-molecule drug of which 2 million oral courses have been delivered to the Strategic National
Stockpile under Project BioShield. The oral formulation of TPOXX was approved by the FDA for the treatment of smallpox on July 13, 2018. In September 2018, SIGA signed a new contract with Biomedical Advanced Research and Development Authority
(BARDA) for additional procurement and development related to both oral and intravenous formulations of TPOXX. For more information about SIGA, please visit www.siga.com.
About Smallpox
1
Smallpox is a contagious, disfiguring and often deadly disease that has affected humans for thousands of years. Naturally-occurring smallpox was
eradicated worldwide by 1980, the result of an unprecedented global immunization campaign. Samples of smallpox virus have been kept for research purposes. This has led to concerns that smallpox could someday be used as a biological warfare
agent. A vaccine can prevent smallpox, but the risk of the current vaccine's side effects is too high to justify routine vaccination for people at low risk of exposure to the smallpox virus.
FORWARD-LOOKING STATEMENTS
This press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as
amended. Such forward-looking statements are subject to various known and unknown risks and uncertainties, and SIGA cautions you that any forward-looking information provided by or on behalf of SIGA is not a guarantee of future performance.
More detailed information about SIGA and risk factors that may affect the realization of forward-looking statements, including the forward-looking statements in this press release, is set forth in SIGA's filings with the Securities and Exchange
Commission, including SIGA's Annual Report on Form 10-K for the fiscal year ended December 31, 2017, and in other documents that SIGA has filed with the SEC. SIGA urges investors and security holders to read those documents free of charge at
the SEC's web site at http://www.sec.gov. Interested parties may also obtain those documents free of charge from SIGA. Forward-looking statements are current only as of the date on which such statements were made, and except for our ongoing
obligations under the United States of America federal securities laws, we undertake no obligation to update publicly any forward-looking statements whether as a result of new information, future events, or otherwise.
The information contained in this press release does not necessarily reflect the position or the policy of the Government and no
official endorsement should be inferred.
Contacts:
Investors
David Carey
212-867-1768
dcarey@lazarpartners.com
Media
Stephanie Seiler
206-713-0124
sseiler@lazarpartners.com
1
http://www.mayoclinic.org/diseases-conditions/smallpox/basics/definition/con-20022769

text: SIGA Technologies, Inc.

text: Phil Gomez

text: Leerink Partners LLC

text: Covington & Burling LLP

text: SIGA TECHNOLOGIES, INC.

text: SIGA Technologies, Inc.


text:
EX-99.1
4
a08-24924_1ex99d1.htm
EX-99.1
Exhibit 99.1
News
Announcement
For
Immediate Release
For more information contact:
Omar Choucair
Joseph Jaffoni
Chief
Financial Officer
Jaffoni &
Collins Incorporated
DG FastChannel, Inc.
212/835 8500 or
dgit@jcir.com
972/581-2000
DG
FASTCHANNEL
®
COMPLETES ACQUISITION OF
ENLIVEN
MARKETING TECHNOLOGIES
-
DG FastChannel Brings Integrated Advertising Solutions for the Transition
from
Traditional Analog Processes to Digital Media Solutions -
-
Unicast and Springbox Now Independent Operating Units of DG FastChannel -
-
DG FastChannel to Realize Substantial Operational and Financial Synergies -
DALLAS, TX (October 2,
2008) -
DG FastChannel, Inc.
(NASDAQ:
DGIT), a leading provider of digital media services to the advertising and
broadcast industries, announced today that its acquisition of Enliven Marketing
Technologies Corporation (NASDAQ: ENLV) was completed. Valued at approximately $71 million,
inclusive of approximately $5.0 million of debt, the Company merged with
Enliven in a stock-for-stock transaction.
Scott K. Ginsburg,
Chairman and CEO of
DG FastChannel
,
commented, "This transaction combines
DG FastChannel
's
leadership in
traditional advertising and media distribution services with
Unicast
's unique digital marketing
technologies and the creative digital marketing solutions brought to the market
by
Springbox
. As we
look forward, the Company is participating in the fastest growing
verticals in the advertising industry: HD advertising distribution, rich media
for online and mobile advertising, and digital marketing and creative
services. This expanded product mix
diversifies our revenue sources and leverages our nationwide operating
platform. Our customers and shareholders
are the beneficiaries of this expansion.
Unicast
Unicast
technology enables publishers, advertisers, and their agencies to manage the
complex process of deploying online and mobile advertising campaigns. This process includes creating the
advertising assets, selecting the sites on which the advertisements will be
deployed, setting the campaign parameters (ad rotation, the frequency with
which an ad may be deployed, and other metrics), deployment, and tracking
campaign results.
Unicast
was designed to integrate creative
assembly with campaign management and detailed performance analysis.
-more-
In addition,
Unicast
has
broad capabilities to deliver ad formats and media types, including several
different video formats, 3-D content, and all classic and custom rich media ad
units.
Unicast
is technology agnostic, delivering
advertisements that work seamlessly with all industry technologies and formats.
Springbox
Springbox
is an interactive services agency that provides best-in-class digital marketing
and creative solutions. Serving clients
of all sizes,
Springbox
helps
translate corporate identity into digital assets that enhance the brand,
captivate customers and drive business.
The company generates exceptional results through a combination of
smart, big-picture strategy and a clear focus on execution.
Springbox
has built interactive teams for AMD, Callaway Golf, Dell, Disney, LG, General
Electric and Toyota.
Unicast
and
Springbox
divisions will
become independent operating units within
DG FastChannel
.
Mr. Ginsburg added, "
DG FastChannel
now has over 850 employees
focused on digital media services for Fortune 500 advertisers and virtually
every advertising agency. We believe
this represents the largest workforce ever assembled to support the constantly
growing demands of brand owners whose marketing campaigns rely on television,
the Internet or mobile devices. With the
advent of HD advertising and the move to rich media advertising
DG FastChannel
is focused on delivering
integrated advertising solutions for the seamless transition from traditional
analog processes to digital media solutions".
Under the terms
of the merger agreement
each outstanding share of Enliven common stock
is being exchanged for 0.033 shares of
DG
FastChannel
common stock. In
aggregate,
DG FastChannel
is
issuing approximately 2.9 million shares of its common stock (exclusive of the approximately 10.75 million
Enliven shares already owned by
DG
FastChannel
). Reflecting the completion of the merger,
DG FastChannel
has approximately 20.9
million shares of common stock outstanding and Enliven has become a
wholly-owned subsidiary of
DG FastChannel
.
DG
FastChannel
expects to achieve operating and financial
synergies based on the combination of the respective operating strategies of
the Company and Enliven. The new
combined company expects to realize approximately $3 million of cost savings in
its first full year of operation as a combined entity through the elimination
of duplicative corporate overhead.
Concurrently,
DG FastChannel
expects to make substantial investments in upgrading the
Unicast
sales organization and enhancing
its ad delivery software platform.
2
Pursuant to the revised
merger agreement
DG FastChannel
's
Board of Directors will be increased from seven to eight members, with Harvey
D. Weatherson, previously Enliven's Non-Executive Chairman, joining
DG FastChannel
's Board of Directors.
About DG FastChannel
DG FastChannel
provides innovative, technology-based solutions to help advertisers and
agencies work faster, smarter and more competitively.
DG FastChannel
delivers the standard in digital media services to the advertising, broadcast
and publishing industries. Through its
Unicast
and
Springbox
operating units,
DG
FastChannel
is also a leading
Internet marketing technology company offering online marketing and advertising
solutions through a powerful combination of proprietary visualization
technology, and a premium rich media advertising platform for the creation,
delivery and reporting of premium rich media.
The Company utilizes
satellite and Internet transmission technologies and has deployed a suite of
digital media intelligence and asset management tools designed specifically for
the advertising industry, including creative and production resources, and
digital asset management. The Company has an online media distribution network
used by more than 5,000 advertisers and agencies, and over 21,000 online radio,
television, cable, network and print publishing destinations. For more information visit www.dgfastchannel.com.
Safe Harbor for Forward-Looking
Statements
Statements in this Press
Release may contain certain forward-looking statements relating to
DG FastChannel
and its expectations for achieving operating
and financial synergies as it integrates Enliven Marketing Technologies into its operating structure. All statements included in this press release
concerning activities, events or developments that
DG
FastChannel
expects, believes or anticipates will or may occur in
the future are forward-looking statements.
Actual results could differ materially from the results discussed in the
forward-looking statements.
Forward-looking statements are based on current expectations and
projections about future events and involve known and unknown risks,
uncertainties and other factors that may cause actual results and performance
to be materially different from any future results or performance expressed or
implied by forward-looking statements, including the risk that the operations
will not be integrated successfully and the risk that the expected cost savings
and other synergies from the transaction may not be fully realized, realized at
all or take longer to realize than anticipated.
Additional information on these and other risks, uncertainties and
factors is included in
DG FastChannel's
annual report on Form 10-K, quarterly reports on Form 10-Q, current
reports on Form 8-K and other documents filed with the SEC.
# # #
3

text: Joseph Jaffoni

text: DG FastChannel, Inc.

text:
DG
FASTCHANNEL

text:
ENLIVEN
MARKETING TECHNOLOGIES

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel, Inc.

text: Scott K. Ginsburg

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text:
DG
FastChannel

text: DG FastChannel

text:
DG
FastChannel

text: DG FastChannel

text: DG FastChannel

text:
DG
FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text:
DG
FastChannel

text: DG FastChannel

text: Enliven Marketing Technologies

text:
DG
FastChannel

text: DG FastChannel


text:
EX-99.1
2
a09-30704_1ex99d1.htm
EX-99.1
Exhibit 99.1
Toreador Resources Corporation
9 rue Scribe
75009 Paris France
33 1 47 03 34 24
Fax 33 1 47 03 33 71
NEWS RELEASE
TOREADOR ANNOUNCES CLOSING OF TRANSACTION WITH TIWAY OIL
PARIS,
FRANCE
- (October 7, 2009) -
Toreador Resources
Corporation (NASDAQ:TRGL) today
announced it has completed its sale of Toreador Turkey Ltd. to Tiway Oil ("Tiway"),
a private Norwegian energy company, as announced on October 1, 2009, for a
total consideration of US$10.6 million paid at closing plus exploration success
payments of up to $40 million plus contingent future net profit payments. The transaction results in a financial
gain of approximately $21.2 million, which will be recorded in the third
quarter of 2009.
ABOUT
TOREADOR
Toreador
Resources Corporation is an independent international energy company engaged in
the acquisition, development, exploration and production of crude oil. The
company holds interests in developed and undeveloped oil properties in France. More information about Toreador may be found
at the company's web site, www.toreador.net.
Forward Looking Statements
Except for the historical information contained herein, the matters set
forth in this news release are "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended. Toreador intends that all
such statements be subject to the "safe-harbor" provisions of those Acts. Many
important risks, factors and conditions may cause Toreador's actual results to
differ materially from those discussed in any such forward-looking statement.
These risks include, but are not limited to, estimates of reserves, estimates
of production, future commodity prices, exchange rates, interest rates,
geological and political risks, drilling risks, product demand, transportation
restrictions, actual recoveries of insurance proceeds, the ability of Toreador to obtain additional
capital, and other risks and uncertainties described in the company's filings
with the Securities and Exchange Commission. The historical results achieved by
Toreador are not necessarily indicative of its future prospects. The company
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
# # #
CONTACT:
Shirley
Z. Anderson
Toreador
Resources Corporation
+1
(469) 364-8531
sanderson@toreador.net

text: Toreador Resources Corporation

text: TIWAY OIL

text:
Toreador Resources
Corporation

text: Toreador Turkey Ltd.

text: Tiway Oil

text:
Toreador
Resources Corporation

text:
Toreador
Resources Corporation


text:
EX-99.3
12
exh99_3.htm
Exhibit 99.3
Exhibit 99.3
Sysorex Global Holdings Corp. Completes Acquisition of AirPatrol Corporation
SANTA CLARA, Calif.--(BUSINESS WIRE)--Sysorex Global Holdings Corp. (NASDAQ:SYRX) ("Sysorex"), an emerging growth technology company, today announced that it has completed the acquisition of AirPatrol Corporation ("AirPatrol"), a developer of location-based cybersecurity and commercial services systems for mobile devices, for $30 million consisting of $10 million of common stock, $10 million in cash (before working capital adjustments), plus an earn-out of up to $10 million in cash and stock based on AirPatrol achieving certain profitability levels. Based in Maple Lawn, Maryland, AirPatrol has 4 U.S. and 11 foreign patent applications pending for its location, security and context awareness systems that can detect and locate smartphones, tablets, laptops and other mobile devices. AirPatrol has become a subsidiary of Sysorex and will retain its management and operations.
"We are excited to see this transaction come to a close with the Sysorex team. We believe that our location-based services and security platforms will add significant mobile and cybersecurity expertise to the Sysorex group of companies"
AirPatrol is the third acquisition for Sysorex since the beginning of 2013 and further solidifies its position as an intellectual property based company delivering technology solutions. In May, 2013 Sysorex acquired Lilien Systems, an enterprise IT infrastructure and solutions provider based in Larkspur, California. In August, 2013, Sysorex acquired Shoom, Inc., a developer of cloud-based data analytics and enterprise solutions.
"The addition of AirPatrol to the Sysorex group of companies allows for the integrated development of comprehensive solutions that combine three of the highest growth sectors in technology, Big Data, cybersecurity and mobile computing", said Sysorex CEO, Nadir Ali. "We believe the synergy between AirPatrol and our other companies will help solidify Sysorex's position as a leading technology developer and provider in our industry segment", he continued.
"We are excited to see this transaction come to a close with the Sysorex team. We believe that our location-based services and security platforms will add significant mobile and cybersecurity expertise to the Sysorex group of companies", said Cleve Adams, CEO of AirPatrol. "We are also eager to leverage Sysorex's Big Data, advanced analytics, and cloud infrastructure capabilities to enhance our product suite", he added.
About Sysorex Global Holdings
Through focused, custom technology solutions, Sysorex (NASDAQ:SYRX) provides cyber security, data analytics, custom application development, cloud solutions, Mobile/BYOD solutions and strategic outsourcing to government and commercial clients in major industries around the world. From identifying security risks to helping clients realize value from their big data strategies, Sysorex has the experience, technology, partners, and agility to be your trusted IT partner. Visit www.sysorex.com, follow @SysorexGlobal and Like us on Facebook.
About AirPatrol Corporation
AirPatrol is a developer of mobile device identification and locationing systems. Its flagship product, ZoneDefense, is a security platform for wireless and cellular networks that can detect, monitor and manage the behavior of smartphones, tablets, laptops and other mobile devices based on their location. AirPatrol also offers a business-to-consumer platform called ZoneAware that allows retailers, resort owners, consumer firms and others to deliver custom content and services based on a mobile device's location. Headquartered near Washington, DC, AirPatrol has regional offices in San Diego, California, Vancouver, Canada, Sydney, Australia and Sao Paulo, Brazil. AirPatrol customers include numerous government and military agencies and large enterprises around the globe. For more information on AirPatrol Corporation and its products, call 410-290-3446, email: ledwards@airpatrolcorp.com or visit airpatrolcorp.com.
Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are to be detailed in our periodic and current reports available for review at www.sec.gov. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements.
April 9, 2014
Contacts
Sysorex Investor Relations
CorProminence LLC
Scott Gordon, +1 631-703-4900
President
www.corprominence.com

text: Sysorex Global Holdings Corp.

text: AirPatrol Corporation

text: Sysorex Global Holdings Corp.

text: Sysorex

text: AirPatrol Corporation

text: AirPatrol

text: AirPatrol

text: AirPatrol

text: AirPatrol

text: Sysorex

text: Sysorex

text: Sysorex

text: AirPatrol

text: Sysorex

text: Sysorex

text: Sysorex

text: AirPatrol

text: Sysorex

text: Sysorex

text: AirPatrol

text: Sysorex

text: Sysorex

text: Sysorex

text: Cleve Adams

text: AirPatrol

text: Sysorex

text: Sysorex

text: Sysorex

text: AirPatrol Corporation

text: AirPatrol

text: AirPatrol

text: AirPatrol

text: AirPatrol

text: AirPatrol Corporation

text: Sysorex


text:
EX-99.1
2
exhibit_99-1.htm
EXHIBIT 99.1
Exhibit 99.1
SolarEdge Announces Closing of S.M.R.E. Spa Acquisition
Fremont, California and Umbertide, Italy- January 25, 2019
- SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ: SEDG), a global leader in smart energy technology, announced today the closing of the previously announced acquisition of a majority stake (approximately 57%) of S.M.R.E Spa ("SMRE"), a provider of innovative integrated powertrain technology and electronics for electric vehicles.
"We are pleased to welcome SMRE to the SolarEdge family. We believe that our technological synergies combined with our complimentary areas of expertise will empower SolarEdge's growing business group at a time when the world is undergoing a clean energy transformation and e-mobility revolution", stated Guy Sella, CEO, Chairman and Founder of SolarEdge.
The Company's current aggregate investment to purchase the SMRE shares was increased from 51% to 57% totaling approximately $85 million, up from the expected $77 million, including transaction-related expenses. SolarEdge intends to purchase the remaining outstanding equity shares of SMRE that are currently listed on the Italian AIM (SMR.MI) over time through open-market purchases and otherwise, eventually resulting in SMRE becoming a wholly-owned subsidiary of SolarEdge.
For the acquisition, Roth Capital acted as the financial advisor for MTI Holdings, a major shareholder of SMRE.
About SolarEdge Technologies
SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, and grid services solutions. SolarEdge is online at solaredge.com
Press Contact
SolarEdge Technologies
Jessica Fishman
Public and Media Relations Director
+972-523958445
Jessica.Fishman@solaredge.com
Investor Contacts
SolarEdge Technologies, Inc.
Ronen Faier, Chief Financial Officer
+1 510-498-3263
investors@solaredge.com
Sapphire Investor Relations, LLC
Erica Mannion or Michael Funari
+1 617-542-6180
investors@solaredge.com

text: SolarEdge

text: S.M.R.E. Spa

text: SolarEdge Technologies, Inc.

text: SolarEdge

text: S.M.R.E Spa

text: SolarEdge

text: SolarEdge

text: Guy Sella

text: SolarEdge

text: SolarEdge

text: SolarEdge

text: Roth Capital

text: SolarEdge

text: SolarEdge

text: SolarEdge

text: SolarEdge

text: SolarEdge

text: SolarEdge

text: SolarEdge Technologies, Inc.

text: Ronen Faier


text:
EX-99.1
4
v048268_ex99-1.htm
FOR IMMEDIATE
RELEASE
Exhibit
99.1
Contact:
Bill Davis
Perficient,
Inc.
(314)
995-8822
bill.davis@perficient.com
Perficient
Acquires Division of Digital Consulting and Software Services,
Inc.
~
Deal
Expected To Be Accretive to Earnings Per Share Immediately ~
AUSTIN,
Texas,
July
21,
2006
--Perficient, Inc. (NASDAQ: PRFT), a
leading
information technology consulting firm serving Global 2000 and other large
enterprise customers throughout the United States, today announced that
it
has acquired
the
Energy, Government and General Business (EGG) division of Digital Consulting
& Software Services, Inc. The acquired EGG division is a systems integration
consulting business with approximately $17 million in annual revenues. The
transaction is expected to increase Perficient's annualized revenues to greater
than $170
million
with more than 925
consulting, technology, sales and support professionals in 15
offices in
the
United
States and Canada and
client
relationships with more than 600 Global
2000 companies. The acquisition is expected to be accretive to earnings per
share immediately.
"This
acquisition adds a top-tier client roster as well as our first offices in the
Southeast, in Atlanta and New Orleans, while increasing the size and scope
of
our local operations in Houston", said Jack McDonald, Perficient's chairman and
chief executive officer. "It also opens substantial opportunities in the energy
vertical, for which the IT spending outlook is strong".
"Leveraging
our full suite of business-driven technology solutions and services across
an
expanding base of local offices and loyal, long-term clients is at the heart
of
our growth strategy and this transaction supports that effort", said Jeff Davis,
Perficient's president and chief operating officer. "In addition, EGG is a
Microsoft Gold Certified Partner and adds to our already deep expertise in
Microsoft-based solutions".
The
acquisition of EGG:
·
Immediately
increases Perficient's ability to deliver business-driven technology
solutions to the market;
·
Adds
more than 100 consulting, technology, sales and support professionals;
·
Expands
Perficient's national footprint into the Southeast;
and
·
Adds
client relationships with enterprise customers including Shell, Cox
Communications, US Navy, Northrup Grumman, Texas Children's Hospital,
Eagle Global Logistics, Chevron/Texaco, Schlumberger, Sysco, Reliant
Energy and many others.
"We're
thrilled to join the success story at Perficient and begin introducing their
broader portfolio of solutions and services to our clients", said Rick Donnelly,
executive vice-president of EGG. "I see tremendous cross-selling opportunities
emerging over the course of the next several years".
Donnelly
will join Perficient in a key leadership role, serving as a Senior General
Manager, reporting directly to Tom Pash, Vice-President, Field Operations.
The
consideration paid in the transaction is approximately $12.9 million excluding
transaction costs, and includes $6.4 million in cash and approximately $6.5
million worth of Perficient common stock (based on the average closing price
of
Perficient's common stock on the NASDAQ Global Select Market™ for the thirty
trading days immediately preceding the acquisition close per the terms of the
acquisition agreement). GAAP accounting will require using the closing price
of
the Company's common stock at or near the close date in reporting the value of
the stock consideration paid in the acquisition.
The
acquisition is the third this year and the eighth since 2004 for Perficient.
In
2004, the company acquired Chicago-based Genisys Consulting, Inc.,
Cincinnati-based Meritage Technologies, Inc., and Houston-based ZettaWorks
LLC.
In 2005, Perficient acquired Houston-based iPath Solutions, Ltd., and
Dallas-based Vivare, LP. Earlier this year, Perficient acquired San
Francisco-based Bay Street Solutions, a national, industry-focused CRM
consulting firm, and Insolexen, Corp., a Detroit-based business integration
firm.
#
# #
About
Perficient
Perficient
is a leading information technology consulting firm serving Global 2000 and
other large enterprise customers throughout the United States. Perficient helps
clients gain competitive advantage by using Internet-based technologies to
make
their businesses more responsive to market opportunities and threats, strengthen
relationships with customers, suppliers and partners, improve productivity
and
reduce information technology costs. Perficient is a member of the Russell
2000®
index and is traded on the Nasdaq Global Select MarketSM,
a
market for public companies that meet the highest listing standards in the
world. Perficient is an award-winning "Premier Level" IBM business partner,
a
TeamTIBCO partner, a Microsoft Gold Certified Partner, a Documentum Select
Services Team Partner and an Oracle-Siebel partner. For more information about
Perficient, which employs more than 825 professionals, please visit
www.perficient.com. IBM and WebSphere are trademarks of International Business
Machines Corporation in the United States, other countries, or
both.
About
The EGG Division of DCSS
The
Energy, Government and General Business Division of DCSS provides project
management, project support, infrastructure and network support, and software
development to its clients using its CMM level 3 certified project management
methodology and procedures. The EGG division has forged an impressive array
of
partnerships and has received advanced certifications and awards including
Certified Gold Microsoft Partner, Filenet Partner of the Year 2005, Houston's
Top 25 Software Development
Companies
and was named the 2002 Ernst & Young Entrepreneur of the Year for
IT.
#
# #
Safe
Harbor Statement
"
Safe
Harbor" statement under the Private Securities Litigation Reform Act of 1995:
This news release contains forward-looking statements that are subject to risk
and uncertainties. These forward-looking statements are based on management's
current expectations and are subject to certain risks and uncertainties that
could cause actual results to differ materially from management's current
expectations and the forward-looking statements made in this press release.
These risks and uncertainties include, but not limited to, the impact of
competitive services, demand for services like those provided by the company
and
market acceptance risks, fluctuations in operating results, cyclical market
pressures on the technology industry, the ability to manage strains associated
with the company's growth, credit risks associated with the company's accounts
receivable, the company's ability to continue to attract and retain high quality
employees, accurately set fees for and timely complete its current and future
client projects, the company's ability to identify, compete for and complete
strategic acquisition and partnership opportunities, and other risks detailed
from time to time in the company's filings with Securities and Exchange
Commission, including the most recent Form 10-K and Form 10-Q.

text:
Perficient,
Inc.

text: Perficient

text: Perficient, Inc.

text: Energy, Government and General Business

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Perficient

text: Energy, Government and General Business


text:
EX-99.1
2
dex991.htm
PRESS RELEASE
Press Release
Exhibit 99.1
F
OR
I
MMEDIATE
R
ELEASE
C
ONTACTS
:
Andrew Batinovich, President and CEO
Stephen R. Saul, Executive Vice President and CFO
Phone: 650.343.9300 Fax: 650.343.7438
www.glenborough.com - shareholderservices@glenborough.com
G
LENBOROUGH
A
CQUIRES
20-S
TORY
C
LASS
A O
FFICE
IN
S
AN
F
RANCISCO
CBD
SAN MATEO, CALIFORNIA, August 11, 2005 - Glenborough Realty Trust (NYSE: GLB, GLB PrA)
announced the continued focusing of its portfolio in its top five markets with the acquisition of 33 New Montgomery a 20-story, Class "A" office tower located in the San Francisco Financial District. The building, totaling 241,794 rentable
square feet, is located at the corner of Market and New Montgomery streets directly above the Montgomery Street BART Station offering exceptional access to San Francisco's multi-modal transportation system. The building is also located within
two blocks of the Transbay Terminal. Additionally the property is located within ½ mile of Interstate 80 and Highway 101 offering commuters access to the East Bay, Oakland and the Peninsula. The purchase price was $75 million or $310/SF.
Constructed in 1986, the property's highly efficient "L" shaped
floor plates provide up to 12 corner offices per floor with panoramic bay and city views. The average floor size in the building is approximately 12,500 square feet which can accommodate either single or multi-tenant users. The building has ground
level retail space offering tenants on site amenities including full service banking, ATMs and two food establishments. The property's prominent location provides outstanding access to a wealth of amenities, including the Moscone Convention
Center, San Francisco Shopping Center, Union Square, the Sheraton Palace Hotel, Crocker Galleria Mall, and many other government, retail, cultural, and recreational amenities.
The property's distinguishing design feature is a 45 foot high signature clock tower situated at the top of the building. 33 New
Montgomery has a two-story granite and marble lobby and the building features state-of the-art building systems. The property is 92% leased to a diversified roster of 31 tenants with no single tenant leasing more than 10% of the net rentable area
(the average tenant size is 7,000 SF). Historically, the property has consistently outperformed the submarket's occupancy level. The tenant base consists primarily of prominent professional service oriented companies in the insurance,
government, finance and legal sectors.
Andrew Batinovich, President and CEO
commented, "33 New Montgomery is a well located, pedestrian friendly, mass transit oriented property located in San Francisco's Financial District. Historically well leased, the acquisition presents the opportunity to acquire a Class A
office building on Market Street at a significant discount to replacement cost".
Glenborough is a REIT which is focused on owning high quality, multi-tenant office properties concentrated in Washington D.C., Southern California, Boston, Northern New Jersey, and Northern California. The Company has a portfolio of 57
properties encompassing approximately 10 million square feet as of June 30, 2005.
# # #
400
South El Camino Real
n
San Mateo, California 94402-1708
www.glenborough.com

text: Andrew Batinovich

text:
G
LENBOROUGH

text: Glenborough Realty Trust

text: Andrew Batinovich


text:
EX-99.4
5
exh99-4.txt
FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
EXHIBIT 99.4
FIRST AMENDMENT TO
PURCHASE AND SALE AGREEMENT
---------------------------
This First Amendment to Purchase and Sale Agreement (this "Amendment")
is made and entered into this 21st day of November, 2005, by and between
CARRINGTON LABORATORIES, INC., a Texas corporation ("Seller") and RAINIER
CAPITAL MANAGEMENT, L.P., a Texas limited partnership ("Purchaser").
WHEREAS, Seller and Purchaser have entered into that certain Purchase
and Sale Agreement dated October 20, 2005 (the "Contract"), regarding that
certain property located at 2001 Walnut Hill Lane, in the City of Irving,
State of Texas, as more particularly described in the Contract (the
"Property"); and
WHEREAS, Seller and Purchaser desire to amend the Contract as further
provided herein.
NOW THEREFORE, for and in consideration of the sum of Ten Dollars
($10.00) and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged and confessed, Seller and
Purchaser hereby agree as follows:
1. Section 1.1.3 of the Contract shall be amended by reducing the
Purchase Price to Four Million Eight Hundred Thousand and No/100 Dollars
($4,800,000.00).
2. Section 1.1.14 of the Contract shall be amended such that the
Inspection Period shall be extended so as to expire on December 1, 2005.
3. Subparagraph g of Section 12.1 of the Contract shall be amended as
follows:
a. The $5,800,000.00 figure contained in the seventh line
therein shall be reduced to Five Million Seven Hundred Thousand and
No/100 ($5,700,000.00); and
b. The reference to "240 days" contained in the nineteenth line
therein shall be replaced with "365 days".
4. Section 1.1.15 shall be amended to delete the first sentence
therein in its entirety and replace the same with the following language:
"That date which December 21, 2005".
5. Section 12.1 of the Contract shall be amended to add the following
as subparagraph k: "Seller shall provide a security deposit in the amount
of One Hundred Thousand and No/100 Dollars ($100,000.00) in cash or in the
form of a letter of credit".
6. Except as amended hereby, the Contract remains unmodified and in
full force and effect. Capitalized terms used herein which are not
otherwise defined herein shall have the meaning ascribed to them in the
Contract. This Amendment may be executed in multiple counterparts, each of
which when taken together shall constitute one and the same instrument.
This Amendment may further be executed and delivered by facsimile.
IN WITNESS WHEREOF, Seller and Purchaser have executed this Amendment
as of the date first written above.
SELLER:
CARRINGTON LABORATORIES, INC.,
a Texas corporation
By:
------------------------------
Robert W. Schnitzius, CFO
PURCHASER:
RAINIER CAPITAL MANAGEMENT, L.P.,
a Texas limited partnership
By: Rainier Capital Management I, LLC,
a Texas limited liability company,
its General Partner
By:
------------------------------
J. Kenneth Dunn, President

text: CARRINGTON LABORATORIES, INC.

text:
RAINIER
CAPITAL MANAGEMENT, L.P.

text: CARRINGTON LABORATORIES, INC.

text: Robert W. Schnitzius

text: RAINIER CAPITAL MANAGEMENT, L.P.

text: J. Kenneth Dunn


text:
EX-99.1
3
a08-2160_1ex99d1.htm
EX-99.1
Exhibit
99.1
UFP Technologies, Inc.
172 East Main
Street
Georgetown, MA 01833 - USA
Tel. 978-352-2200 /
Fax 978-352-5616
INFO@UFPT.COM / WWW.UFPT.COM
FOR IMMEDIATE RELEASE
CONTACT:
January 18, 2008
Ron Lataille (978)
352-2200
UFP Technologies
Acquires Stephenson & Lawyer, Inc.
Georgetown, Mass. (January 18,
2008). UFP Technologies, Inc.
(Nasdaq: UFPT), a manufacturer of packaging and specialty component products,
today announced the acquisition of Stephenson & Lawyer, Inc. located
in Grand Rapids, Michigan. S&L is a full service designer, converter and
distributor of foam plastic products, specializing in technical polyurethane
foams. S&L sales in 2007 were
approximately $13 million.
"We are delighted to join
forces with Stephenson & Lawyer", said R. Jeffrey Bailly, Chairman,
CEO, and President of UFP Technologies. "Since
its inception in 1946, S&L has been a respected leader in the fabrication
of polyurethane foams. Their ethical, innovative, and highly customer-focused
management team is an excellent fit with our culture. And their well-equipped,
250,000 square foot factory adds significantly to our manufacturing
capabilities. Together, we can provide a broader range of solutions to our
growing customer base, and unlock S&L's tremendous growth potential".
Stephenson &
Lawyer's President, Con Oswald, was equally pleased. "UFP's diverse
capabilities, large sales force, and reputation for quality are a great fit for
S&L", said Oswald. "Their polyethylene foams expertise is an ideal
complement to our primary strength - our knowledge and experience in technical
urethane foams".
UFP Technologies is a
leading designer and manufacturer of interior protective packaging solutions
using molded fiber, vacuum-formed plastics, and molded and fabricated foam
plastics. The Company also designs and
manufactures engineered component solutions using laminating, molding, and
fabricating technologies. The Company
primarily serves the automotive, computers and electronics, medical, aerospace
and defense, consumer, and industrial markets.
This
news release contains forward-looking information that involves risks and
uncertainties, including statements about the Company's prospects, anticipated
advantages the Company expects to realize from its acquisition and integration
of Stephenson & Lawyer, the Company's manufacturing capabilities,
product offerings and growth potential and the Company's sales
opportunities. Investors are cautioned
that such forward-looking statements involve risks and uncertainties, including
without limitation risks associated with the identification of suitable
acquisition candidates and the successful, efficient execution and integration
of such acquisition candidates, including without limitation Stephenson &
Lawyer, as well as other risks and uncertainties that are detailed in the
documents filed by the Company with the SEC. Accordingly, actual results may
differ materially. Readers are referred to the documents filed by the Company
with the SEC, specifically the last reports on Forms 10-K and 10-Q. The
forward-looking statements contained herein speak only of the Company's
expectations as of the date of this press release. The Company expressly
disclaims any obligation or undertaking to release publicly any updates or
revisions to any such statement to reflect any change in the Company's
expectations or any change in events, conditions or circumstances on which any
such statement is based.

text: UFP Technologies, Inc.

text: UFP Technologies

text: Stephenson & Lawyer, Inc.

text: UFP Technologies, Inc.

text: Stephenson & Lawyer, Inc.

text: R. Jeffrey Bailly

text: UFP Technologies

text: UFP Technologies


text:
EX-99.1
2
ea138607ex99-1_logicinc.htm
PRESS RELEASE
Exhibit 99.1
Logiq Acquires Rebel AI to Bring E-commerce Growth
to Brands and Agencies
New York, N.Y. & Boulder, Colo. - March 30, 2021
-
Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning e-commerce and fintech solutions, has acquired Rebel AI, an innovator in
digital marketing solutions.
The Rebel AI platform, which is to be named Logiq Digital Marketing, will
enable small and medium-sized businesses (SMB) to more effectively compete against larger businesses for new customers. Through a simplified,
easy-to-use platform, marketers will be able to advertise across popular websites and connected TV media destinations to attract more
consumers to their online stores. Coupled with advanced audience targeting, artificial intelligence algorithms and blockchain-based security,
this platform will also lower the costs of customer acquisition.
"Rebel AI's approach to addressing the needs of e-commerce
brands and agencies fully aligns with our strategic focus, and we expect the addition of their proprietary technology to dramatically
accelerate the time-to-market of the launch of our holistic digital marketing strategy", stated Logiq CEO, Tom Furukawa. "Combining
our respective strengths and capabilities puts us years ahead in terms of delivering a uniquely powerful platform geared for our SMB agency
and brand clients".
Logiq Digital Marketing is an open AI platform that not only provides flexibility
for future development and integrations, but also allows clients to embed their own unique customizations for their business while remaining
forward compatible with future enhancements.
"Logiq shares our vision of simplifying the marketing workflow for
small and medium businesses", said Rebel AI's founder and CEO, Manny Puentes. "By combining Rebel AI's data management
and media buying capabilities, Fixel's engagement-based AI-segmented audiences, and DataLogiq's comprehensive consumer profiles
into a single platform, we're laying the foundation for marketers to reach their consumers in an easier and more cost-effective
way."
In the U.S. alone, the top 10 e-commerce players will account for
63.2%
of online sales. Along with rising digital media costs, hidden marketing technology fees, and fast-evolving laws and regulations
surrounding consumer data and privacy, SMBs have been underserved by the fragmented marketing technologies available to them to date.
Logiq Digital Marketing was built specifically to address these challenges.
1
Further details of the transaction
can be found in the company's current report on Form 8-K filed with the Securities and Exchange Commission and available at
sec.gov
and from the investor section of the company's website at ir.logiq.com.
About Logiq
Logiq, Inc.
(OTCQX: LGIQ) is a U.S.-based
leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its DataLogiq subsidiary provides a data-driven,
end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered
LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company's Fixel™
technology offers simplified online marketing with critical privacy features. Logiq Digital Marketing is an end-to-end digital marketing
platform for brands and agencies.
Logiq's AppLogiq™ platform-as-a-service enables small- and
medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background.
AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an
easy, affordable, and highly efficient way. AppLogiq is offered
in 14 languages across 10 countries and three
continents, including some of the fastest-growing emerging markets in Southeast Asia. The company's PayLogiq™ offers mobile
payments, and GoLogiq™ offers hyper-local food delivery services.
For more information about Logiq, go to Logiq.com.
Forward-Looking Disclaimer
This press release may contain certain forward-looking statements and information,
as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and
is subject to the Safe Harbor created by those sections. Logiq cautions you that statements in this press release that are not a description
of historical facts are forward-looking statements. These statements are based on Logiq's current beliefs and expectations. The
inclusion of forward-looking statements should not be regarded as a representation by Logiq or its affiliates that any of its plans or
expectations will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties
inherent in Logiq's business, including, without limitation: the ability of Logiq to successfully complete the NEO listing process,
the fitness of Logiq's products and services for a particular application or market, the ability to effectively integrate Rebel
AI into our business operations, expectations of future events, business trends, financial results, and/or business transactions that
may not be consummated or realized, as well as other risks described in Logiq's prior press releases and in its filings with the
Securities and Exchange Commission ("SEC"), including under the heading "Risk Factors" in Logiq's Annual Report
on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof, and Logiq undertakes no obligation to revise or update this press release to reflect events or
circumstances after the date hereof.
Company Contact
Brent Suen, President
Logiq, Inc.
Email contact
Media & Investor Contact
Ronald Both or Grant Stude
CMA Investor & Media Relations
Tel (949) 432-7566
Email contact
2

text: Logiq

text: Rebel AI

text: Logiq, Inc.

text: Rebel AI

text: Rebel AI

text: Logiq

text: Rebel AI

text: Logiq

text: Logiq

text: Logiq

text: Rebel AI

text: Rebel AI

text: Logiq

text: Logiq

text: Logiq, Inc.

text: Logiq

text: Logiq

text: Logiq

text: Logiq

text: Logiq

text: Logiq

text: Logiq

text: Logiq

text: Logiq

text:
Rebel
AI

text: Logiq

text: Logiq

text: Logiq

text: Brent Suen

text: Logiq, Inc.