text:
EX-99.1
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d502269dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
RLH CORPORATION CLOSES SALE OF
RED LION HOTEL PORT ANGELES FOR $19.5 MILLION
Company continues advancing asset light strategy
DENVER (July 13, 2018)
-
RLH Corporation
(NYSE:RLH) announced today the sale of Red Lion Hotel Port Angeles, for $19.5 million. The
hotel is the eighth of 11 hotels being marketed for sale previously disclosed in October 2017. Red Lion Hotel Port Angeles, along with all other sold hotels, has signed a franchise license agreement to retain their Red Lion brand.
RLH Corporation's total gain on the sale is expected to be approximately $11.5 million. With this sale, RLH Corporation fully retired the remaining
$24.2 million of debt held by Pacific Western Bank applying $15.6 million of proceeds from the sale and the restricted cash associated with the debt. Together with the other seven previously announced sales, RLH Corporation's gain on
sales is approximately $27.4 million.
"So far in 2018, we have sold eight of the 11 hotels we announced we would be marketing for sale late
last year", said RLH Corporation President and Chief Executive Officer Greg Mount. "With these sales, we have continued progress on our commitment to an asset light company and have been able to repay the long-term debt relating to those
assets and increase cash reserves and debt capacity to fund additional growth of our franchise business".
Red Lion Hotel Port Angeles accounted for
$1.0 million in revenue in Q1 2018 and $7.2 million in revenue on an annual basis in 2017. The hotel's adjusted EBITDA on consolidated reporting was $0.3 million and RLH Corporation's share of the adjusted EBITDA was
approximately $0.2 million for Q1 2018. On an annual basis in 2017, the hotel's adjusted EBITDA on consolidated reporting was $2.3 million and RLH Corporation's share of the adjusted EBITDA was approximately $1.3 million
This impact does not take into account the previously announced corporate overhead adjustments to reduce operating costs.
To learn more about franchising
with RLH Corporation, visit
franchise.rlhco.com
. We don't wait for the future. We create it.
About RLH Corporation
Red Lion Hotels Corporation is an innovative hotel company doing business as RLH Corporation and focuses on the franchising, management and ownership of
upscale, midscale and economy hotels. The company focuses on maximizing return on invested capital for hotel owners across North America through relevant brands, industry-leading technology and forward-thinking services. For more information, please
visit the company's website at
www.rlhco.com
.
Social Media:
www.Facebook.com/myhellorewards
www.Twitter.com/myhellorewards
www.Instagram.com/myhellorewards
www.Linkedin.com/company/rlhco
Investor Relations Contact:
Amy Koch
O:
509-777-6417
investorrelations@rlhco.com
Media Contact:
Dan Schacter
Director, Social Engagement and Public Relations
509-777-6222
dan.schacter@rlhco.com

text: RLH CORPORATION

text: RLH Corporation

text: RLH Corporation

text: RLH Corporation

text: RLH Corporation

text: RLH Corporation

text: RLH Corporation

text: RLH Corporation

text: RLH Corporation

text: RLH Corporation

text: RLH Corporation

text: Dan Schacter


dataset: buster

text:
EX-99
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ex991.htm
PRESS RELEASE
Exhibit 99.1
Sunwin International Neutraceuticals Acquires 60% interest in Qufu Shengwang Stevia Biology and Science Company
The Company Enters Business of Organic Bio-Fertilizer and Organic Animal Feed
QUFU, CHINA--(MARKET WIRE)-September 8, 2008 - Sunwin International Neutraceuticals, Inc. (OTC BB: SUWN), a leader in the production and distribution of Chinese herbs, veterinary medicines and one of the world's leading producers of all natural, zero calorie Stevia in China, announced today that on September 2, 2008 its wholly owned subsidiary, Qufu Natural Green Engineering Co., Ltd. entered into an amendment to its June 30, 2008 agreement to acquire a 60% equity interest of Qufu Shengwang Stevia Biology and Science Co., Ltd. ("Qufu Shengwang") from Shandong Shengwang Group Co., Ltd. ("Shengwang") and an amendment to the stock purchase agreement entered into between Sunwin International and Shengwang as of June 30, 2008.
Pursuant to the September 2, 2008 amendments, Sunwin International acquired a 60% interest in Qufu Shengwang for a purchase price of $6,200,413 through a stock exchange. The purchase price was based on the net tangible book value of Qufu Shengwang as set forth in its financial statements as of April 30, 2008 which were audited in accordance with Generally Accepted Accounting Principles in the United States and shares of Sunwin issued were based on a twenty day moving average of Sunwin's common stock ending on August 29, 2008. As part of the amended transaction, the parties have entered into a "make good" agreement in which Shengwang agreed to return to Sunwin International a prorata number of the shares it acquired as part of this transaction in the event that Qufu Shengwang does not earn a minimum of $5,000,000 in net income over a period of 36 consecutive months after completion of the acquisition.
Management of Sunwin International estimates that Qufu Shengwang has the current capacity to generate approximately $15 million in sales annually and yield a 20% to 30% net profit margin. Qufu Shengwang was founded with its South Korean partner, Korea Stevia Co., Ltd. and Shengwang Group Corp. in June 2007. Qufu Shengwang manufactures and sells animal feed, agricultural organic fertilizers and bio fertilizers produced from the residue of stevia stock leaves. These Stevia based fertilizers and animal feeds have numerous benefits including low cost production, high nutrient value for soil, higher fructose levels with fewer calories for feeds and a proven ability to breakdown nicotine, dioxin and other harmful chemicals for plants.
Commenting on the Joint Venture, Ms. Dongdong Lin, Sunwin International CEO, stated, "We are very pleased to acquire Qufu Shengwang, as we strive to expand our business through vertical integration. Qufu Shengwang is a natural fit for our company as it uses stevia residue to make organic bio-fertilizer and organic animal feeds. In addition, its products are sold into many of the same end markets as our current line of veterinary feeds and medicines. It broadens our product offerings and enables us to profitably monetize parts of the stevia plant that would presently be waste in our production process. We are confident that this operation coupled with our current growing operations will lead to a strong financial performance in fiscal 2009 and beyond".
About Sunwin International Neutraceuticals, Inc.
Sunwin International Neutraceuticals engages in the areas of essential traditional Chinese medicine, zero calorie natural sweeteners (stevia), and veterinary medicines and feeds prepared from 100 percent organic herbal ingredients. As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. Sunwin also makes such value-added products as specialty veterinary food ingredients and specialty feed ingredients. For more info about Sunwin, please visit http://www.sunwin.biz
Safe Harbor Statement
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Sunwin International Neutraceuticals, Inc., is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result", "are expected to", "will continue", "is anticipated", "estimated", "intends", "plans", "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause
actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our guidance and expectations regarding revenues, net income and earnings. In addition, any such statements are qualified in their entirety by reference to, and are accompanied by, the following key factors that have a direct bearing on our results of operations: our ability to effectively integrate our acquisitions and to manage our growth and our inability to fully realize any anticipated benefits of acquired business; our need for additional financing which we may not be able to obtain on acceptable terms, the dilutive effect additional capital raising efforts in future periods may have on our current shareholders; our dependence on certain key personnel; the lack various legal protections in certain agreements to which we are a party and which are material to our operations which are customarily contained in similar contracts prepared in the
United States; the business operating risks and new technology in the business we seek to enter into and currently operate in; the effect of changes resulting from the political and economic policies of the Chinese government on our assets and operations located in the PRC; the influence of the Chinese government over the manner in which our Chinese subsidiaries must conduct our business activities; the limitation on our ability to receive and use our revenues effectively as a result of restrictions on currency exchange in China; our ability to enforce our rights due to policies regarding the regulation of foreign investments in China; our ability to comply with the United States Foreign Corrupt Practices Act which could subject us to penalties and other adverse consequences; and our ability to establish adequate management, legal and financial controls in the PRC.
- 2 -
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
Contact:
For the Company:
Jeff Reynolds
Telephone: 972-377-2339
Email: jreynolds@onlysweet.com
Investors:
Matt Kreps
Telephone: 469-362-5960
Email: matt@magnoliair.com
- 3 -

label: organization

text: Sunwin International Neutraceuticals

text: Qufu Shengwang

text: Shandong Shengwang Group Co., Ltd.

text: Sunwin International

text: Sunwin International

text: Qufu Shengwang

text: Qufu Shengwang

text: Sunwin International

text: Qufu Shengwang

text: Sunwin International

text: Qufu Shengwang

text: Qufu Shengwang

text: Qufu Shengwang

label: person

text: Dongdong Lin

text: Sunwin International

text: Qufu Shengwang

text: Qufu Shengwang

text: Sunwin International Neutraceuticals

source_dataset: expertai/BUSTER

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


text:
EX-99.1
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ex99-1.htm
ex99-1.htm
Exhibit 99.1
G
REEN
M
AN
TECHNOLOGIES
www.greenman.biz
News
Release
FOR IMMEDIATE
RELEASE
Contacts:
Chuck
Coppa, CFO or Lyle Jensen, CEO
GreenMan Technologies,
781-224-2411
GreenMan
Technologies Completes Divestiture of Its Tire Recycling Operations
For
Approximately $27.5 Million In Cash
-
Company to Focus on Recycled Products, Renewable Fuels, Alternative
Energy
and
Other Green Technologies-
SAVAGE, Minnesota -November 18,
2008-- GreenMan Technologies, Inc. (OTCBB: GMTI),
today announced that it
has completed the divestiture of substantially all of the assets of its two
wholly owned subsidiaries, GreenMan Technologies of Minnesota, Inc. and GreenMan
Technologies of Iowa, Inc. to Liberty Tire Services of Ohio, LLC, a wholly-owned
subsidiary of Liberty Tire Services, LLC for approximately $27.5 million in
cash.
The
sale of the tire recycling business subsidiaries enables GreenMan to focus on
growth opportunities for its remaining subsidiaries, Welch Products and GreenMan
Renewable Fuel and Alternative Energy, Inc. Welch Products
specializes in design, product development, and manufacturing of environmentally
responsible products using recycled materials, primarily recycled rubber.
GreenMan Renewable Fuel and Alternative Energy, Inc.'s primary objective is to
pursue licenses, joint-ventures, acquisitions and long-term contracts focused on
the commercialization of existing and late-stage development products and
processes in green-based technologies including renewable fuels and alternative
energy. GreenMan used approximately $16 million of the proceeds of this sale to
retire certain related obligations including approximately $12.8 million due its
primary secured lender, Laurus Master Fund, Ltd under a June 2006 credit
facility, and will have approximately $7 million of available cash after
estimated transaction related income taxes and other costs.
Lyle
Jensen, GreenMan's President and Chief Executive Officer stated, "During the
past year we have been shifting our focus to better capitalize on the
opportunities we've seen in the development of recycled products and other
green-based technologies. Our team at Welch Products has made great progress
forming partnerships with several states to promote the design and construction
of safe, environmentally sound and ADA compliant recreational areas and
playgrounds. We are enthusiastic about the strides that have been made in the
area of renewable energy and clean-tech technologies and look forward to further
pursuing this new direction for GreenMan".
About GreenMan
Technologies
GreenMan
Technologies pursues technological processes and unique marketing programs to
transform recycled materials into innovative recycled products, renewable fuel
and alternative energy. Through GreenMan's subsidiary, Welch Products, the
company develops and markets branded products and services that provide schools
and other political subdivisions viable solutions for safety, compliance, and
accessibility. The Company's other subsidiary, GreenMan Renewable Fuel and
Alternative Energy pursues opportunities focused on the commercialization of
products and processes derived from green-based technologies. To
learn more about all of the companies, please visit the following websites:
www.welchproducts.com
;
www.nssi-usa.com
;
www.playtribe.com
"Safe
Harbor" Statement: Under the Private Securities Litigation Reform
Act
With the
exception of the historical information contained in this news release, the
matters described herein contain "forward-looking" statements that involve risk
and uncertainties that may individually or collectively impact the matters
herein described, including but not limited to the possibility that we may not
be able to secure the financing necessary to return to sustained profitability,
our ability to successfully integrate our Welch Products acquisition and realize
the anticipated benefits, the possibility that we may not realize the benefits
of product acceptance, economic, competitive, governmental, seasonal,
management, technological and/or other factors outside the control of the
Company, which are detailed from time to time in the Company's SEC reports,
including the Quarterly Report on Form 10-QSB for the fiscal period ended June
30, 2008. The Company disclaims any intent or obligation to update
these "forward-looking" statements.

text:
Chuck
Coppa

text: Lyle Jensen

text: GreenMan

text: GreenMan Technologies, Inc.

text:
GreenMan
Technologies of Iowa, Inc.

text: Liberty Tire Services of Ohio, LLC

text: Liberty Tire Services, LLC

text: GreenMan

text: GreenMan

text: GreenMan

text: GreenMan

text:
Lyle
Jensen

text: GreenMan

text: GreenMan

text: GreenMan

text: GreenMan


text:
EX-99.1
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EX-99.1
EX-99.1
Exhibit 99.1
April 4, 2016
FOR IMMEDIATE RELEASE
Contacts:
ANALYSTS
MEDIA
Alan Greer
Tamera Gjesdal
Cynthia A. Williams
Executive Vice President
Senior Vice President
Senior Executive Vice President
Investor Relations
Investor Relations
Corporate Communications
AGreer@BBandT.com
TGjesdal@BBandT.com
Cynthia.Williams@BBandT.com
BB&T closes National Penn acquisition
Systems conversion expected this summer
WINSTON-SALEM, N.C.
- BB&T Corporation (NYSE: BBT) today announced it has completed its acquisition of National Penn Bancshares, Inc.,
(NASDAQ: NPBC) effective April 1, 2016. The core banking systems conversion, along with signage and account changes for clients, is expected early in the third quarter of 2016.
"We are pleased to complete this strategic transaction and excited to welcome our new shareholders, clients and associates to BB&T", said
Chairman and Chief Executive Officer Kelly S. King. "As we move toward systems conversion, our clients will continue to receive the same level of outstanding client service from the same bankers they know so well".
The acquisition, which was announced in August 2015, includes 126 banking offices in Pennsylvania, New Jersey and Maryland, giving BB&T 2,265 financial
centers throughout its footprint. With $9.6 billion in assets and $6.7 billion in deposits as of Dec. 31, 2015, the acquisition of National Penn will significantly expand BB&T's footprint in the Mid-Atlantic region and improve its deposit
market share to No. 4 in Pennsylvania.
BB&T received the required regulatory approvals for the acquisition in late 2015. Along with the recent
Swett and Crawford acquisition this uses the remainder of BB&T's buyback capacity approved by the Federal Reserve as part of BB&T's 2015 capital plan submission.
BB&T Corporation also previously announced plans to establish a fourth community banking region in northern Pennsylvania, headquartered in Allentown, and
will name David B. Kennedy, National Penn's chief banking officer, as the president of the region. National Penn President and Chief Executive Officer Scott V. Fainor will be named group executive, with responsibility for overseeing multiple
community banking regions with deposits of nearly $40 billion in Pennsylvania and contiguous states.
MORE
About BB&T
BB&T is one of the largest financial services holding companies in the U.S. with $209.9 billion in assets and market capitalization of $29.5 billion, as of
Dec. 31, 2015. Based in Winston-Salem, N.C., the company operates 2,265 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance
products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of
products and services is available at
BBT.com/about
.
###
This news release contains certain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements may
address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results may differ materially from current projections. Please refer to BB&T's filings with the Securities and Exchange
Commission for a summary of important factors that may affect BB&T's forward-looking statements. BB&T undertakes no obligation to revise these statements following the date of this news release.

text: BB&T

text: National Penn

text: BB&T Corporation

text: National Penn Bancshares, Inc.

text: BB&T

text: BB&T

text: National Penn

text: BB&T

text: BB&T

text: BB&T

text: BB&T

text: BB&T Corporation

text: National Penn

text: National Penn

text: BB&T

text: BB&T

text: BB&T

text: BB&T

text: BB&T

text: BB&T

text: BB&T


text:
EX-99.1
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EXHIBIT 99.1
ex99-1.htm
Exhibit 99.1
News Release
FOR IMMEDIATE RELEASE
Contact:
At Dresner Corporate Services
Robert L. Johnson, Chairman & CEO
Curt Kollar, CFO
Steve Carr
312-780-7211
706-645-1391
scarr@dresnerco.com
bjohnson@charterbank.net or
ckollar@charterbank.net
CHARTER FINANCIAL ANNOUNCES ACQUISITION OF
THE FIRST NATIONAL BANK OF FLORIDA
WEST POINT, Georgia, September 9, 2011
-Charter Financial Corporation (NASDAQ: CHFN) announced today that its wholly owned subsidiary, CharterBank, has entered into a definitive agreement with the Federal Deposit Insurance Corporation ("FDIC") to assume the deposits and certain assets of The First National Bank of Florida, a full-service bank with eight locations in the Florida Panhandle. The Office of the Comptroller of the Currency declared The First National Bank of Florida in Milton, Florida, closed today and appointed the FDIC as receiver for The First National Bank of Florida. CharterBank entered into a purchase and assumption
agreement whereby CharterBank assumed all of the deposits and substantially all of the assets of The First National Bank of Florida. The purchase and assumption transaction includes loss share coverage of 80% of losses incurred on the disposition of loans and foreclosed real estate.
All of the branches of The First National Bank of Florida will reopen as branches of CharterBank at their next regularly scheduled hours of operation on either Saturday, September 10, 2011 or Monday, September 12, 2011. All depositors of The First National Bank of Florida will automatically become depositors of CharterBank, and deposits will continue to be insured by the FDIC. This transaction marks CharterBank's third FDIC assisted acquisition after which CharterBank will now operate locations in Georgia, Alabama, and Florida Panhandle.
Robert L. Johnson, Charter Financial CEO, commented, "We welcome the customers and employees of The First National Bank of Florida to the CharterBank family. Customers can be confident that their deposits are safe and readily available. CharterBank is firmly rooted in small town banking and has a rich history of serving and bringing out the best from its communities since its founding in 1954".
As a result of The First National Bank of Florida acquisition, CharterBank will assume approximately $253.0 million in total deposits and $189.5 million in total loans.
Stifel, Nicolaus & Company, Incorporated served as financial advisor to Charter Financial Corporation in the transaction.
About Charter Financial Corporation
Charter Financial Corporation is a savings and loan holding company and the parent company of CharterBank, a growing full-service community bank. Charter Financial Corporation is in the mutual holding company structure. CharterBank is headquartered in West Point, Georgia, and operates branches in West Central Georgia, the Florida Panhandle and East Central Alabama. CharterBank's deposits are insured by the Federal Deposit Insurance Corporation.
Forward-Looking Statements
This release contains "forward-looking statements" that may be identified by use of such words as "believe", "expect", "anticipate", "should", "planned", "estimated", and "potential." Examples of forward-looking statements include, but are not limited to, estimates with respect to our financial condition and results of operation and business that are subject to various factors that could cause actual results to differ materially from these estimates. These factors include but are not limited to general and local economic conditions; changes in interest rates, deposit flows, demand
for mortgages and other loans, real estate values, and competition; changes in accounting principles, policies, or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory, and technological factors affecting our operations, pricing, products, and services. Any or all forward-looking statements in this release and in any other public statements we make may turn out to be wrong. They can be affected by inaccurate assumptions we might make or known or unknown risks and uncertainties. Consequently, no forward-looking statements can be guaranteed. Except as required by law, the Company disclaims any obligation to subsequently revise or update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated
events.
# # #

text: Robert L. Johnson

text: Curt Kollar

text: CHARTER FINANCIAL

text: THE FIRST NATIONAL BANK OF FLORIDA

text: Charter Financial Corporation

text: CharterBank

text: Federal Deposit Insurance Corporation

text: The First National Bank of Florida

text: The First National Bank of Florida

text: The First National Bank of Florida

text: CharterBank

text: CharterBank

text: The First National Bank of Florida

text: The First National Bank of Florida

text: CharterBank

text: The First National Bank of Florida

text: CharterBank

text: CharterBank

text: CharterBank

text: Robert L. Johnson

text: Charter Financial

text: The First National Bank of Florida

text: CharterBank

text: CharterBank

text: The First National Bank of Florida

text: CharterBank

text: Charter Financial Corporation

text: Charter Financial Corporation

text: Charter Financial Corporation

text: CharterBank

text: Charter Financial Corporation

text: CharterBank

text: CharterBank

text: Federal Deposit Insurance Corporation


text:
EX-99.1
3
dex991.htm
PRESS RELEASE
Press Release
Exhibit 99.1
Press Release
Paragon Announces Acquisition of Shearson Home Loans
From Consumer Direct of America, Inc.
PONTE VEDRA BEACH, Fla., February 7/PRNewswire-FirstCall/ - Paragon Financial Corporation (OTCBB: PGNF), a consolidator in the highly fragmented financial services marketplace, announced today that it reached an agreement to
acquire Shearson Home Loans, Inc. from Consumer Direct of America, Inc. (OTCBB:CSUA). Under the agreement, Paragon will issue to Consumer Direct of America the equivalent of four shares of Paragon's common stock for each Paragon share and share
equivalent outstanding.
Shearson Home Loans, Inc. is a fast-growing provider
of residential mortgages. It employs over 300 people, 250 of whom are residential mortgage real estate brokerage professionals who had closed-loan volume of $1.1 billion, which accounted for over 6,435 loan transactions in 2004. Shearson operates
54,000 sq. ft. of branch office space with 37 locations in 30 states. The company is a consolidator of independent mortgage brokerages and has grown rapidly during the last three years through acquisition and consolidation.
"We view Shearson as an ideal partner in our quest to consolidate the mortgage brokerage
industry", said Paul Danner, CEO of Paragon Financial Corporation. "Not only do we share the same vision for the industry, but melding our complementary management talent, business processes, and geographic locations into a single
operating entity should produce positive tangible synergy", he added.
"With the completion of this transaction, we no longer have to advance the theoretical concept of a desired end-state, but instead are able to clearly demonstrate to prospective acquisition candidates a proven, fully-functional
operating platform", said Scott Vining, chief financial officer of Paragon.
About Paragon Financial Corporation
Paragon Financial
Corporation (www.pgnf.com) is a financial services business focused on the acquisition of companies that originate mortgages loans or provide other financial services.
SEC Filings and Forward-Looking Statements
Certain information contained in this announcement are "forward-looking statements." Paragon cautions readers that certain important factors may affect
actual results and could cause such results to differ materially from any forward-looking statements which may be deemed to have been made in this announcement or which are otherwise made by or on behalf of Paragon. The forward looking statements
are identified through use of the words "potential", "anticipate", "expect", "planned" and other words of similar meaning. These forward-looking statements may be affected by the risks and uncertainties
inherent in the mortgage industry and in the Company's business. The Company cautions readers that certain important factors may have affected and could in the future affect the Company's beliefs and expectations and could cause the actual
results to differ materially from those expressed in any forward-looking statement made by or on behalf of the Company. The Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date
hereof. Factors which may affect results include, but are not limited to, the ability to raise capital necessary to sustain operations and implement the business plan, the ability to obtain additional regulatory permits and approvals to operate in
the financial services area, the ability to identify and complete acquisitions and successfully integrate acquired businesses, if any, the ability to implement the company's business plan, changes in the real estate market, interest rates or
the general economy of the markets in which the company operates. Additional information regarding Paragon is contained in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission.
Source: Paragon Financial Corporation

text: Paragon

text: Shearson Home Loans

text: Consumer Direct of America, Inc.

text: Paragon Financial Corporation

text: Shearson Home Loans, Inc.

text: Consumer Direct of America, Inc.

text: Paragon

text: Paragon

text: Paragon

text: Shearson Home Loans, Inc.

text: Paul Danner

text: Paragon Financial Corporation

text: Scott Vining

text: Paragon

text: Paragon Financial Corporation

text:
Paragon Financial
Corporation

text: Paragon

text: Paragon

text: Paragon

text: Paragon Financial Corporation


text:
EX-99.1
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v244674_ex99-1.htm
EXHIBIT 99.1
For More Information:
Jim McCubbin, EVP & CFO
Brett Maas or Dave Fore
WidePoint Corporation
Hayden IR
7926 Jones Branch Drive, Suite 520
(646) 536-7331
McLean, VA 22102
brett@haydenir.com
(703) 349-2577
jmccubbin@widepoint.com
WidePoint Corporation Acquires Avalon Global Solutions
Accelerates Commercial Sector Initiatives in Wireless Mobility Segment;
Expected to Contribute $10-$11M to Revenue and be Accretive to Net Income in 2012
WASHINGTON, January 4, 2012 /PRNewswire-FirstCall/ - WidePoint Corporation (NYSE Amex: WYY), a specialist in wireless mobility management and cybersecurity solutions, today announced that it has acquired privately held
Avalon Global Solutions
, Inc. (AGS), a leading provider of communications lifecycle management services, technology, and solutions predominantly to the commercial sector.
Under terms of the acquisition agreement, WidePoint paid $7.5 million in cash at closing on December 31, 2011, and will pay up to an additional $4 million in cash over approximately three years if certain financial targets are achieved. WidePoint management expects the acquisition of AGS to contribute at least $10 million to $11 million in revenue for the full year 2012. The acquisition is also expected to be accretive to WidePoint's net income in 2012.
Avalon Global Solutions is a leading provider of Business Process Outsourcing (BPO) services for Enterprise Telecommunications Management. AGS also offers permission based audits, a review and analysis of a customer's telecom invoices, contracts and services applications to identify historic overbilling, contract and tariff-related errors, as well as prospective savings opportunities. In addition, AGS also provides mobile security, and advanced help desk support for mobile devices and applications.
"We are very excited about the opportunity we see with AGS to accelerate our efforts to push our automated system based communications lifecycle management solutions broadly into the commercial sector both in the U.S. marketplace and abroad", commented Steve Komar, CEO, WidePoint. "Avalon has a strong base of business, with more than 70 clients in the commercial sector, as well as partners that provide us reach internationally, while adding breadth to our services and technology platforms. Our strategic goal has been to expand our successful TEM offering into the commercial market, leveraging the reputation and expertise we have built in the government sector. This acquisition will significantly accelerate that effort while simultaneously providing added scale and incremental profitability".
AGS supports a wide range of customers from small business to multinationals in a number of industries and government agencies through a suite of solutions that address the management of fixed and mobile telecommunication assets. AGS also supports the U.S. Department of Transportation (DOT) and the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).
Michael Mansouri, CEO of AGS, stated, "The combination of our platforms greatly enhances both companies as AGS further bolsters WidePoint's position as the largest provider of automated system based communications lifecycle management services to the U.S. Federal Government. AGS adds a robust and growing number of commercial clients and sales channels to the overall client mix, and it adds services to WidePoint's overall product and services portfolio." Mansouri further added, "The addition of WidePoint's cybersecurity offerings also provides us with an opportunity to introduce new services for our commercial clients as we witness the increasing requirements for security protections for wireless devices, an area in which WidePoint has existing and proven expertise".
Widepoint funded the AGS asset purchase with senior debt provided by Cardinal Financial Bank through a five-year, $4.0 million note accruing interest at 4.5% annually; two sellers notes accruing interest at 3% annually for $1.0 million and $3.0 million payable over approximately three years; with the $3.0 million note having claw-back provisions for up to the value of the note tied to minimum financial performance targets in 2012 and 2013; and cash provided by the company. A portion of the proceeds remain in escrow pending the extinguishment of existing AGS debts.
James McCubbin, WidePoint CFO stated, "We expect this transaction to be accretive to net income in 2012, while minimally bolstering top line revenues in 2012 by approximately $10 to $11 million, enhancing our gross margins with the inclusion of their commercial margins which tend to fall within the 50% to 60% range, and further broadening our recurring revenue streams with historical multi-year client relationships".
Conference Call Information
A conference call and live webcast will take place at 11 a.m. Eastern Time, on Thursday, January 5th, 2012 to discuss the acquisition of Avalon Global Solutions. Anyone interested in participating should call 877-941-4774 if calling within the United States or 480-629-9760 if calling internationally. There will be a playback available until January 12, 2012. To listen to the playback, please call 877-870-5176 if calling within the United States or 858-384-5517 if calling internationally. Please use pin number 4502310 for the replay.
The call will also be accompanied live by webcast over the Internet and accessible at
http://viavid.net/dce.aspx?sid=00009208
.
About Avalon Global Solutions
Avalon Global Solutions, Inc. (AGS) is a leading provider of Business Process Outsourcing (BPO) services for Enterprise Telecommunications Management including: Telecom Expense Management (TEM), Permission Based AuditSM, Mobile Lifecycle Management, Mobile Security, and Advanced Help Desk Support for mobile devices and applications. AGS supports over 400 mobile device types, pagers, cell phones, smart phones, air cards, mobile routers, and tens of thousands of lines and circuits. AGS's solutions align consumption with enterprise needs, increase visibility into and control over expenses and improve workforce satisfaction and productivity. For more information, please visit http://www.avalonglobalsolutions.com.
About WidePoint
WidePoint is a specialist in providing wireless mobility management and CyberSecurity Solutions utilizing its advanced information technology products and services. WidePoint has several wholly owned subsidiaries holding major government and commercial contracts including, Operational Research Consultants, Inc., iSYS, LLC, Protexx Technology Corporation, Advanced Response Concepts Corporation, and WidePoint IL, Inc. WidePoint enables organizations to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements. For more information, visit http://www.widepoint.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; (iv) the declaration and payment of dividends; (v) the risk factors disclosed in the Company's periodic reports filed with the SEC; and (vi) the company's expectations of revenue and synergies from the acquisition of the assets of Avalon Global Systems. The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk factors disclosed in the company's Forms 10-K and 10-Q filed with the SEC.

text: WidePoint Corporation

text: WidePoint Corporation

text: Avalon Global Solutions

text: WidePoint Corporation

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Avalon Global Solutions
, Inc.

text: WidePoint

text: WidePoint

text: WidePoint

text: Avalon Global Solutions

text: Steve Komar

text: WidePoint

text: Michael Mansouri

text: WidePoint

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text: WidePoint

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text: Avalon Global Solutions

text: Avalon Global Solutions

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text: WidePoint

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text: WidePoint


text:
EX-99
3
ex_99-1.htm
PRESS RELEASE
PRESS RELEASE
Exhibit 99.1
FOR IMMEDIATE RELEASE
CONTACT
Visualant, Inc.:
Lynn Felsinger
206 903 1351 - Lynn@visualant.net
Investor Relations
Paul DeRiso
Core Consulting Group
925 465 6088
paul@coreconsultingroup.com
Visualant Closes RATLab Acquisition;
Consolidation of Intellectual Property and Scientific Leadership
Seattle, WA, June 2, 2011, Visualant, Inc. (OTCBB: VSUL.OB), a pioneer provider of industry-leading identification solutions, announced today that it closed the acquisition of all Visualant related assets of the RATLab LLC.
The RATLab LLC is a Seattle based research and development laboratory created by Dr. Tom Furness, founder and Director of the HITLab International, with labs at Seattle, University of Canterbury in New Zealand, and the University of Tasmania in Australia. Guided by Dr. Tom Furness and Dr. Brian Schowengerdt, a research scientist in the field of optics and vision science, the RATLab LLC developed the Spectral Pattern Matching ("SPM") technology under contract for Visualant.
With this acquisition, Visualant consolidates all intellectual property relating to the SPM technology. In addition to its current authentication and security applications of SPM, Visualant now owns all other applications including the important fields of medicine, agriculture, and the environment and will begin the creation of its laboratory.
With the closing of this asset acquisition transaction, Dr. Tom Furness and Dr. Brian Schowengerdt will continue to provide technology leadership to Visualant under consulting agreements with the Company.
Dr. Furness stated, "We are very pleased to begin the process of moving all the Visualant intellectual property and scientific leadership to the Company. Coupled with the new innovations that will come out of Visualant Laboratory, we believe the applications of the SPM technology can grow rapidly, and we look forward to our active involvement in that effort".
Ron Erickson, Visualant CEO said, "We are thrilled to be able to bring all of these intellectual property and human assets together. Dr. Furness, Dr. Schowengerdt, and the wonderful research team at the RATLab have done brilliant work. With this acquisition, Visualant will build its own laboratory to continue the research and development of SPM technology".
About Visualant, Inc.
Visualant, Inc. develops low-cost, high speed, light-based security and quality control solutions for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Its patent-pending technology uses controlled illumination with specific bands of light, to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching ("SPM"). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed mount configurations, and can be combined in the same package as a bar-code or biometric scanner.
Through its wholly owned subsidiary, TransTech Systems, Inc., (www.ttsys.com) the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.

text: Visualant, Inc.

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text: RATLab LLC

text: Tom Furness

text: Tom Furness

text: Brian Schowengerdt

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text:
EX-99.1
2
exhibit1.htm
EX-99.1
EX-99.1
Exhibit 99.1
RICOH COMPLETES ACQUISITION OF
IKON OFFICE SOLUTIONS
West Caldwell, NJ - October 31, 2008 - Ricoh Company, Ltd. (TSE: 7752, "RICOH" President &
CEO: Shiro Kondo) today announced that it has completed its previously announced $1.6 billion
acquisition of IKON Office Solutions, Inc. through RICOH's wholly owned U.S. distribution
subsidiary, Ricoh Americas Corporation. As a result of the merger, IKON is now a wholly owned
subsidiary of Ricoh Americas Corporation.
The transaction was approved by IKON shareholders at a special meeting held today. Pursuant to the
merger agreement, former shareholders of IKON will receive $17.25 in cash for each share of IKON
common stock. IKON stock will cease to trade on the New York Stock Exchange as of market open
November 3, 2008.
Through this acquisition, RICOH will strengthen its business infrastructure in the U.S., Canada and
Europe by combining with IKON's strong sales and service network. RICOH also will gain access to
IKON's extensive customer base, which includes major and national account customers, as well as
government and public sector customers. This acquisition represents another significant step in
RICOH's integrated global growth strategy.
Background
Ricoh Company, Ltd. is a global leader in imaging solutions that has brought to the market
innovations such as digitalization, network solutions and colorization. In the rapidly growing
printing and document solution areas, RICOH continues to strengthen its channels for assessing
customers' potential needs and making appropriate proposals based on a customer-driven approach. In
the extremely competitive U.S. market, Ricoh is committed to further strengthening its sales and
support channels, and delivering real enhanced value to all its customers.
IKON, a Ricoh company, sells and services a wide range of Ricoh office equipment, such as
multifunction products (MFPs), fax machines and printers, in the U.S., Canada and the Western
European markets. With more than 400 sales and service locations worldwide, IKON has a long track
record with Fortune 500 companies among its many customers. In addition, IKON provides professional
services and document outsourcing services to a wide variety of customers across numerous markets
and industries. RICOH has been a key supplier to IKON for many years, and the relationship between
the two companies has a long and successful history.
Additional Shareholder Information
The paying agent, Computershare Trust Company, N.A., will distribute a Letter of Transmittal to
IKON shareholders who hold certificates with instructions on how they may receive the merger
consideration. Questions regarding how to surrender stock certificate(s), or to request additional
copies of the Letter of Transmittal, should be directed to the Paying Agent by phone at (800)
546-5141 (toll free) or 781-575-3120, or by mail at Computershare Trust Company N.A., Attn
Corporate Actions, P.O. Box 43014, Providence, RI 02940-3014.
About Ricoh Americas Corporation
Ricoh Americas Corporation, headquartered in West Caldwell, N.J., is a subsidiary of Ricoh Company,
Ltd., a leading supplier of office automation equipment and electronics, with fiscal year 2007
sales in excess of $22 billion, a 7.3 percent increase over the previous year.
Ricoh Americas Corporation is a leading provider of document solutions. Ricoh's fully integrated
hardware and software products help businesses share information efficiently and effectively by
enabling customers to control the input, management and output of documents. Ricoh has been
manufacturing products and supplies in the United States for more than 35 years at facilities in
California and Georgia.
Ricoh Americas Corporation directly or through its network of authorized dealers markets and
distributes products in North, Central and South America.
Information about Ricoh's complete range of products and services can be accessed on the World Wide
Web at www.ricoh-usa.com.
About IKON
IKON Office Solutions, Inc. (
www.ikon.com
), a Ricoh company, is a leading provider of
innovative document management systems and services, enabling customers to improve document
workflow and increase efficiency. IKON integrates copiers, printers and MFP technologies, and
document management software and systems, to deliver tailored, high-value solutions, implemented
and supported by its team of services professionals. IKON leverages the manufacturing and
engineering expertise of Ricoh, a $22 billion global technology innovator, with the experience and
reach of its locally based sales and services teams, to provide end-to-end solutions and one of the
industry's broadest portfolios of document management services, including on-site and off-site
managed services, technical service and support, and customized workflow design and implementation.
Forward looking statements
This announcement, including information included in or incorporated by reference into this
announcement, may contain "forward-looking statements"
concerning RICOH, Ricoh Americas Corporation, and IKON. Generally, the words "will", "may",
"should", "continue", "believes", "expects", "intends", "anticipates" or similar expressions
identify forward-looking statements. The forward-looking statements involve risks and uncertainties
that could cause actual results to differ materially from those expressed in the forward-looking
statements. Many of these risks and uncertainties relate to factors that are beyond the companies'
abilities to control or estimate precisely, such as future market conditions and the behaviors of
other market participants, and therefore undue reliance should not be placed on such statements.
RICOH, Ricoh Americas Corporation, and IKON assume no obligation to update these forward-looking
statements, except as required pursuant to applicable law.
# # #
All referenced product names are the trademarks of their respective companies.

text: RICOH

text: IKON OFFICE SOLUTIONS

text: Ricoh Company, Ltd.

text: RICOH

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text: RICOH

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Ricoh Company,
Ltd.

text: Ricoh

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text: IKON Office Solutions, Inc.

text: Ricoh

text: RICOH

text: Ricoh

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text: Ricoh


text:
EX-99.1
4
v472417_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
NEWS
RELEASE
1375
East 9th St | Suite 3100 | Cleveland, Ohio 44114 | 216.202.1509
For Immediate Release
Gas
Natural Inc. Announces Closing of Merger with
a Fund Managed by BlackRock Real Assets
Fund
managed by BlackRock Real Assets' Global Energy & Power Infrastructure group,
formerly
First Reserve Energy Infrastructure Funds
CLEVELAND,
OH, New York, NY August 4, 2017 - A fund managed by BlackRock Real Assets' Global Energy & Power Infrastructure
group has completed the acquisition of Gas Natural Inc. (NYSE American: EGAS). The proposed transaction was initially announced
in October 2016 by First Reserve Energy Infrastructure Funds, which BlackRock Real Assets acquired in June 2017.
The
acquisition of Gas Natural establishes a new platform in the natural gas distribution space for BlackRock's Global Energy
& Power Infrastructure group. Gas Natural will benefit from enhanced access to capital while continuing to provide safe, reliable
and cost-effective natural gas service. Gas Natural distributes and sells approximately 21 billion cubic feet of natural gas to
roughly 70,000 residential, commercial and industrial customers through regulated utilities operating in Montana, Ohio, Maine and
North Carolina.
About
Gas Natural Inc.
Gas
Natural Inc., a holding company, distributes and sells natural gas to residential, commercial and industrial customers. It distributes
approximately 21 billion cubic feet of natural gas to roughly 70,000 customers through regulated utilities operating in Montana,
Ohio, Maine and North Carolina. The Company's other operations include intrastate pipeline, natural gas production and natural
gas marketing. Its strategy for growth is to expand throughput in its markets, while looking for acquisitions that are either
adjacent to its existing utilities or in under-served markets. Further information is available on the Company's website
at
www.egas.net
.
About
BlackRock Real Assets
BlackRock,
the largest investment manager in the world, sits at the intersection of global capital and Real Asset investing opportunities.
With deep industry expertise, demonstrated access to proprietary deals and a purely fiduciary mindset, our experienced investment
professionals leverage BlackRock's risk management capabilities, global reach and deep local presence to deliver compelling investment
opportunities to meet our clients' needs. BlackRock provides investors with Private Real Estate Debt & Equity, Real Estate
Securities and Infrastructure Debt & Equity via funds, co-investments and managed accounts, and currently has approximately
$36.5 billion in invested and committed Real Estate and Infrastructure assets and capital as of May 31, 2017. Our approximately
365-person team is based in 25 offices globally.*
Part
of BlackRock's Real Assets platform, the Global Energy & Power Infrastructure team owns and operates energy infrastructure
assets across North America, Latin America, Europe and Southeast Asia. The team is a strategic partner to its portfolio companies,
management teams and counterparties through global investments focused on power, regulated transmission and distribution, midstream
and other contracted energy assets. Since 2010, the Global Energy & Power Infrastructure team has announced or closed more
than 20 strategic investments.
Gas Natural Inc. Announces Closing of Merger with a Fund Managed by BlackRock Real Assets
August 4, 2017
Page
2
of
2
*Includes
combined invested and committed capital to BlackRock's Real Assets platform and First Reserve Energy Infrastructure Funds,
as well as headcount and office locations from the First Reserve Energy Infrastructure Funds transaction as of May 31, 2017.
Safe Harbor Regarding Forward-Looking
Statements
The Company is including the following cautionary statement in this release to make applicable
and to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking
statements made by, or on behalf of, Gas Natural Inc. Forward-looking statements are all statements other than statements of historical
fact, including, without limitation, those that are identified by use of the words "anticipates", "estimates,"
"expects", "intends", "plans", "predicts", "believes" and similar expressions.
Such statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially
from those expressed. Factors that may affect forward-looking statements and the Company's business generally include, but are
not limited to the Company's ability to successfully integrate the operations of the companies it has acquired and consummate additional
acquisitions; the Company's continued ability to make or increase dividend payments; the Company's ability to implement its business
plan, grow earnings and improve returns on investment; fluctuating energy commodity prices; the possibility that regulators may
not permit the Company to pass through all of its increased costs to its customers; changes in the utility regulatory environment;
wholesale and retail competition; the Company's ability to satisfy its debt obligations, including compliance with financial covenants;
weather conditions; litigation risks; and various other matters, many of which are beyond the Company's control; the risk factors
and cautionary statements made in the Company's public filings with the Securities and Exchange Commission; and other factors that
the Company is currently unable to identify or quantify, but may exist in the future. Gas Natural Inc. expressly undertakes no
obligation to update or revise any forward-looking statement contained herein to reflect any change in Gas Natural Inc.'s expectations
with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
For
more information, contact:
Gas
Natural Inc.
Investor
Relations
James
E. Sprague, Chief Financial Officer
Deborah
K. Pawlowski or Karen L. Howard, Kei Advisors LLC
Phone:
(216) 202-1564
Phone: (716)
843-3908 / (716) 843-3942
Email: jsprague@egas.net
Email:
dpawlowski@keiadvisors.com / khoward@keiadvisors.com
BlackRock
Farrell
Denby
Phone:
(212) 810-8034
Email:
farrell.denby@blackrock.com

text:
Gas
Natural Inc.

label: fund

text: BlackRock Real Assets

override: fund

review_confirmation: Agent row audit 0000-1259

text: BlackRock Real Assets

text: BlackRock Real Assets

text: Gas Natural Inc.

text: BlackRock Real Assets

text: Gas Natural Inc.

text:
Gas
Natural Inc.

text: BlackRock Real Assets

text: Gas Natural Inc.

text: BlackRock Real Assets

text: Gas Natural Inc.

text: Gas Natural Inc.

text: Gas Natural Inc.

text:
Gas
Natural Inc.

text:
James
E. Sprague


text:
EX-99.1
7
v059265_ex99-1.htm
Capital
Growth Systems, Inc.
FOR
IMMEDIATE RELEASE
CONTACT:
Skip
Behm
Capital
Growth Systems, Inc.
630-872-5800
sbehm@nexvu.com
Capital
Growth Systems Acquires CentrePath, Inc.
SCHAUMBURG,
Ill. - December 1, 2006 - Capital Growth Systems, Inc. (OTCBB: CGSY.OB),
announced today that it has completed the acquisition of Waltham, Mass.-based
CentrePath, Inc. CentrePath is a world-class provider of intelligent network
management services to large multinational corporations, systems integrators
and
regional owners of private fiber optic networks. Using its unique
high-availability network operations center (NOC), powered by its remote
management software (OSS) and proven management methodologies, CentrePath has
been providing high-quality outsourced network management services to
institutions across the United States and the United Kingdom for the past six
years.
"With
our
acquisition of CentrePath, we are well positioned to implement our strategy
of
being a world-class provider of integrated communications solutions as an
intelligent virtual network operator (VNO)", said Tom Hudson, CEO of Capital
Growth Systems. "CentrePath has developed an outstanding reputation with its
partners and customers based on the high-quality services, management software
and methods that their integrated team of networking professionals consistently
deliver. We feel that with CentrePath's network management services combined
with Magenta netLogic's quoting and configuration software and database, Capital
Growth Systems now has two of the absolute "best in class" operational
components in the VNO marketplace today".
As
stated
in an April 2006 announcement of their 150 customer milestone event
(www.centrepath.com):
"CentrePath's customer base includes financial services firms with data
replication requirements, healthcare organizations with growing requirements
to
digitize and move medical images across a network, state and local government
agencies who are building sophisticated broadband communities, as well as
organizations across all industries that have business continuity and network
convergence initiatives where multiple data types are being consolidated on
a
single network. Specifically, CentrePath has expanded its business to include
customers such as the Bank of New York, City of Boston, City of Chicago,
Comcast, New York State Senate, Regions Bank and Turner Broadcasting.
CentrePath's solutions solve the challenges associated with building and
managing optical and storage networks for business continuity and data
replication".
(more)
Capital
Growth Systems, Inc.
December
1, 2006
Page
2
Jack
Lodge, general manager of CentrePath said, "We have known Tom and his team for
several years, and we are delighted to be a core part of Capital Growth Systems.
We agree whole-heartedly with the intelligent VNO business model and strategy,
and we are very enthusiastic about our future growth prospects. Together,
CentrePath and Capital Growth System customers should benefit greatly from
this
unique partnership".
The
worldwide local access communications market is estimated at more than $100
billion per year. VNOs are independent providers of complex communications
network services and solutions to large enterprises. Local access communications
is a high-growth market driven by rapidly expanding secure corporate data
networks, the high volume of internet data transactions, an increased networked
storage demand for backup and recovery, and the increased expansion of voice
over the internet (VoIP) applications.
About
Capital Growth Systems, Inc.
Capital
Growth Systems, Inc. is a public reporting company under the Securities Exchange
Act of 1934 and is based in Schaumburg, Ill. The company currently has five
wholly owned subsidiaries: NexVU Technologies, LLC (www.nexvu.com);
Frontrunner Network Systems Inc. (www.frontrunnernetworks.com);
20/20
Technologies, Inc. (www.20-20technologies.net);
Magenta netLogic, Ltd. (www.magenta-netlogic.com);
and
CentrePath (www.centrepath.com),
Inc.
The company's common stock is currently quoted on the Bulletin Board under the
symbol CGSY.OB
Forward-Looking
Statements
Certain
information discussed in this press release may constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of
1995 and the federal securities laws. Although the company believes that the
expectations reflected in such forward-looking statements are based upon
reasonable assumptions at the time made, it can give no assurance that its
expectations will be achieved. Readers are cautioned not to place undue reliance
on these forward-looking statements.
Forward-looking
statements are inherently subject to unpredictable and unanticipated risks,
trends and uncertainties such as the company's inability to accurately forecast
its operating results; the company's potential inability to achieve
profitability or generate positive cash flow; the availability of financing;
and
other risks associated with the company's business. For further information
on
factors which could impact the company and the statements contained herein,
reference should be made to the company's filings with the Securities and
Exchange Commission, including annual reports on Form 10-KSB, quarterly reports
on Form 10-QSB and current reports on Form 8-K. The company assumes no
obligation to update or supplement forward-looking statements that become untrue
because of subsequent events.
#
#
#

text:
Capital
Growth Systems, Inc.

override: organization

text:
Capital
Growth Systems, Inc.

text:
Capital
Growth Systems

text: CentrePath, Inc.

text: Capital Growth Systems, Inc.

text: CentrePath, Inc.

text: CentrePath

text: CentrePath

text: CentrePath

text: Tom Hudson

text:
Capital
Growth Systems

text: CentrePath

text: CentrePath

text:
Capital
Growth Systems

text: CentrePath

text: CentrePath

text: CentrePath

text:
Capital
Growth Systems, Inc.

text: CentrePath

text: Capital Growth Systems

text: CentrePath

text: Capital Growth Systems, Inc.

text:
Capital
Growth Systems, Inc.

text: CentrePath


text:
EX-99.1
2
a5523551ex99_1.txt
EXHIBIT 99.1
Exhibit 99.1
Citrix Completes Acquisition of XenSource
LAS VEGAS--(BUSINESS WIRE)--Oct. 22, 2007--Today at Citrix
iForum(TM), the world's largest application delivery conference and
expo, Citrix Systems, Inc. (Nasdaq: CTXS) announced it has completed
the acquisition of XenSource, Inc., a privately held leader in
enterprise-grade virtual infrastructure solutions. The purchase price
for the transaction was approximately $500 million payable in a
combination of cash and Citrix common stock.
This acquisition moves Citrix, a pioneer in the application
virtualization market, into adjacent server and desktop virtualization
markets -- expected by Citrix to grow to nearly $5 billion over the
next four years. By acquiring XenSource, Citrix is now the only
company to offer organizations an end-to-end application delivery
infrastructure that leverages the method of application, desktop and
server virtualization best suited for the dynamic delivery of
applications to any user (see today's separate press release on the
company's enhanced virtualization strategy).
As previously announced on Aug. 15 upon close of the acquisition
the XenSource team and products will form the core of the new
Virtualization & Management Division of Citrix dedicated to building
and growing these important new businesses. Peter Levine, XenSource,
CEO, will lead the new division, reporting directly to Mark Templeton,
Citrix president and CEO. Under Peter's leadership, this new division
will oversee Citrix's businesses in server virtualization and
application delivery management solutions as part of the company's
overall application delivery infrastructure strategy.
Citrix also reiterated its commitment to maintaining and growing
support for the independent Xen open source community which develops
the underlying virtualization engine used by many commercial products
throughout the industry, including those from XenSource. The Xen
project, which includes significant contributions from companies like
Intel, AMD, HP, IBM and Dell, is led by XenSource co-founder, and new
Citrix employee, Ian Pratt. Since news of the acquisition, XenSource
has worked with the key contributors to the Xen project to develop
procedures for independent oversight of the project, ensuring that it
continues to operate with full transparency, fairness and vendor
neutrality. Citrix agrees these principles are critical to the
continued role of Xen as a freely available open source industry
standard for virtualization.
"The XenSource products, team and culture are a great addition to
the Citrix family", said Mark Templeton, president and chief executive
officer for Citrix. "The combination of Citrix and XenSource brings
together application, desktop and server virtualization to deliver
more innovation, choice and flexibility to the market, including our
installed base of more than 200,000 customers worldwide. As
application delivery becomes a top issue for IT and the world becomes
more dynamic, we find it important to be sure we are providing
customers the most cutting-edge technologies out there".
About iForum 07 - The App Delivery Expo
Now in its tenth year, the Citrix App Delivery Expo is the
industry's largest conference focused entirely on application delivery
infrastructure, bringing together thousands of business leaders, IT
managers and technology leaders from around the world. Application
delivery infrastructure best practices will be highlighted in more
than 60 sessions, including keynotes and general sessions from
analysts at Gartner, Forrester, IDC and Yankee Group, as well as
industry leaders like Accenture, Dell, Microsoft, HP, IBM, Intel,
Oracle and SAP. The conference also features 15 enterprise customer
presentations, vendor exhibits, technology labs, hands-on technical
workshops, panel discussions, and product demonstrations. The event
will present thought leaders and cutting-edge technology behind some
of the hottest trends in the market, including virtualization, desktop
delivery and application networking. Held at the Mandalay Bay Resort
and Casino in Las Vegas, NV, from October 22-25, 2007, the Citrix App
Delivery Expo will also feature keynotes by Citrix executives
including Mark Templeton, president and CEO. More information is
available at http://www.citrixiforum.com.
About Citrix
Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader and the
most trusted name in application delivery infrastructure. More than
200,000 organizations worldwide rely on Citrix to deliver any
application to users anywhere with the best performance, highest
security and lowest cost. Citrix customers include 100% of the Fortune
100 companies and 99% of the Fortune Global 500, as well as hundreds
of thousands of small businesses and prosumers. Citrix has
approximately 6,200 channel and alliance partners in more than 100
countries. Annual revenue in 2006 was $1.1 billion.
For Citrix Investors
This release contains forward-looking statements which are made
pursuant to the safe harbor provisions of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. These forward-looking statements, including statements
regarding the integration of XenSource and its products with Citrix,
XenSource products and Citrix's strategies and future plans do not
constitute guarantees of future performance. Those statements involve
a number of factors that could cause actual results to differ
materially, including risks associated with products, their
development, integration and distribution, product demand and
pipeline, customer acceptance of new products, economic and
competitive factors, Citrix's key strategic relationships, acquisition
and related integration risks as well as other risks detailed in
Citrix's filings with the Securities and Exchange Commission. Citrix
assumes no obligation to update any forward-looking information
contained in this press release or with respect to the announcements
described herein.
Citrix(R) and Citrix iForum(TM) are trademarks of Citrix Systems,
Inc. and/or one or more of its subsidiaries, and may be registered in
the U.S. Patent and Trademark Office and in other countries. All other
trademarks and registered trademarks are property of their respective
owners.
CONTACT: Citrix Systems, Inc.
Julie Geer, 408-790-8543
julie.geer@citrix.com
or
A&R Edelman
Justine Troy, 917-204-4843
jtroy@ar-edelman.com

text: Citrix

text: XenSource

label: event

text:
Citrix
iForum

text: Citrix Systems, Inc.

text: XenSource, Inc.

text: Citrix

text: Citrix

text: Citrix

text: XenSource

text: Citrix

text: XenSource

text: Citrix

text: XenSource

text: Mark Templeton

text: Citrix

text: Citrix

text: Citrix

text: XenSource

text: XenSource

text: Citrix

text: XenSource

text: Citrix

text: XenSource

text: Citrix

text: Mark Templeton

text: Citrix

text: Citrix

text: XenSource

text: iForum 07 - The App Delivery Expo

text: Citrix App Delivery Expo

text:
Citrix App
Delivery Expo

text: Citrix

text: Mark Templeton

text: Citrix

text: Citrix Systems, Inc.

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: XenSource

text: Citrix

text: XenSource

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: Citrix

text: Citrix iForum

text:
Citrix Systems,
Inc.

text: Citrix Systems, Inc.


text:
EX-99.1
9
exh_991.htm
EXHIBIT 99.1
EdgarFiling
EXHIBIT 99.1
Simmons First National Corporation Completes Acquisitions of Southwest Bancorp, Inc. and First Texas BHC, Inc.
PINE BLUFF, Ark., Oct. 19, 2017 (GLOBE NEWSWIRE) -- Simmons First National Corporation ("Simmons" or "Company") (NASDAQ:SFNC), parent company of Simmons Bank, announced that, on October 19, 2017, it completed its acquisitions of both Southwest Bancorp, Inc. ("OKSB"), headquartered in Stillwater, Oklahoma, (parent company of Bank SNB) and First Texas BHC, Inc. ("First Texas"), headquartered in Fort Worth, Texas (parent company of Southwest Bank). A definitive agreement to acquire OKSB was previously announced in December 2016, and a definitive agreement to acquire First Texas was announced in January 2017. Shareholders of Simmons, OKSB, and First Texas approved the transactions earlier this month.
"Today marks the beginning of an exciting new chapter for Simmons", said George A. Makris, Jr., Simmons' Chairman and CEO. "With the closing of these transactions, Simmons has now expanded its reach into three new banking markets - Texas, Oklahoma, and Colorado - and strengthened its franchise in Kansas. We are pleased to welcome all of the Bank SNB and Southwest Bank customers and associates to the Simmons family. We have always believed that our unwavering commitment to excellent customer service is what sets us apart, and I have no doubt that our new partners share that same conviction".
With the completion of these acquisitions, Simmons has over $14 billion in assets, approximately $10.4 billion in loans, approximately $11.2 billion in deposits, and locations across Arkansas, Colorado, Kansas, Missouri, Oklahoma, Tennessee, and Texas.
Both Bank SNB and Southwest Bank will continue operations as separate bank subsidiaries of Simmons for an interim period until they are merged into Simmons Bank. Simmons plans on maintaining the Southwest Bank and Bank SNB brands in their respective markets.
"These are both long-awaited transactions, and we could not be happier about the opportunities both banks bring with them", said Marty Casteel, President of Simmons Bank. "Both Bank SNB and Southwest Bank customers can rest assured that we will do everything in our power to ensure a seamless transition. In the meantime, customers should continue their banking practices as usual".
About Simmons First National Corporation
Simmons is a financial holding company, headquartered in Pine Bluff, Ark., with total assets of $14.5 billion. The company, directly and through its subsidiaries, offers comprehensive financial solutions delivered with a client-centric approach throughout Arkansas, Colorado, Kansas, Missouri, Oklahoma, Tennessee, and Texas. The company's common stock trades on the NASDAQ Global Select Market under the symbol "SFNC".
Forward-Looking Statements
Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements of this type speak only as of the date of this press release. By nature, forward-looking statements involve inherent risk and uncertainties. Various factors, including, but not limited to, economic conditions, credit quality, interest rates, loan demand and changes in the assumptions used in making the forward-looking statements, could cause actual results to differ materially from those contemplated by the forward-looking statements. Forward-looking statements regarding the OKSB and/or First Texas mergers are based on currently available information. Actual results could differ materially following the consummation of these transactions. Additional information on factors that might affect Simmons First National Corporation's financial results is included in its Form 10-K filing with the Securities and Exchange Commission.
FOR MORE INFORMATION, CONTACT:
DAVID W. GARNER
EVP and Investor Relations Officer
Simmons First National Corporation
(870) 541-1000

text: First National Corporation

text: Southwest Bancorp, Inc.

text: First Texas BHC, Inc.

text: Simmons First National Corporation

text: Southwest Bancorp, Inc.

text: First Texas BHC, Inc.

text: Marty Casteel

text: Simmons First National Corporation

text: Simmons First National Corporation

text: Simmons First National Corporation


text:
EX-99.2
13
ex-992pressrelease5420.htm
EXHIBIT 99.2
Exhibit
9 Meters Biopharma, Inc Announces the Closing of $22.5 Million Private Placement Funding
Raleigh, NC, May 4 2020 - 9 Meters Biopharma, Inc (Nasdaq: NMTR), today announced today announced that it has closed a private placement with existing and new investors to raise $22.5 million. The funding provides the capital for the soon to be launched Phase 1B/2A study for the first and only long-acting GLP-1 receptor agonist for the treatment of short bowel syndrome, and the top-line readout for the first-ever drug in a Phase 3 trial for celiac disease. The private placement was led Orbimed Advisors, LLC.
The private placement consists of 382,783 units, at a price of $58.94 per unit. Each unit includes (i) one share of non-voting Series A convertible preferred stock, and (ii) one immediately-exercisable warrant to purchase one share of non-voting Series A convertible preferred stock at an exercise price of $58.94 per preferred share. Upon shareholder approval each share of non-voting Series A convertible preferred stock will convert into 100 shares of common stock, provided that a holder may opt out of automatic conversion, only to the extent such holder beneficially owns more than 4.99% of the outstanding shares of common stock of 9 Meters. The $58.94 unit price was determined using a 10-day volume weighted average price (VWAP) of the Company's shares prior to entering into definitive agreements and pricing the transaction. The conversion is expected to take place within 60 days.
William Blair & Company, L.L.C. acted as lead placement agent. Intuitive Venture Partners acted as a private placement advisor.
The securities to be sold in this private placement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws, and accordingly may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. The Company has agreed to file a registration statement with the Securities and Exchange Commission (the "SEC") registering the resale of the shares of common stock issuable upon the conversion of the Series A convertible preferred stock, and the common stock issuable upon the exercise of the warrants issued in this private placement.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state. Any offering of the securities under the resale registration statement will only be by means of a prospectus.
About 9 Meters Biopharma
9 Meters Biopharma, Inc. is a rare, orphan and unmet needs focused GI company. The Company is advancing NM-002, a proprietary long-acting GLP-1 agonist into Phase 2 trial for Short Bowel Syndrome (SBS), a rare, orphan disease, as well as larazotide, a Phase 3 tight junction regulator being evaluated for patient-reported symptom improvement in non-responsive celiac disease. For more information, please visit www.9meters.com.
Forward-looking Statements
This press release includes forward-looking statements based upon the Company's current expectations. Forward-looking statements involve risks and uncertainties, and include, but are not limited to, the potential effects of the ongoing coronavirus outbreak and related mitigation efforts on the Company's
clinical, financial and operational activities; the Company's continued listing on Nasdaq; expectations regarding future financings; the future operations of the Company; the nature, strategy and focus of the Company; the development and commercial potential and potential benefits of any product candidates of the Company; anticipated preclinical and clinical drug development activities and related timelines, including the expected timing for data and other clinical and preclinical results; the Company having sufficient resources to advance its pipeline; and any other statements that are not historical fact. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation: (i) uncertainties associated with the clinical development and regulatory approval of product candidates; (ii) risks related to the inability of the Company to obtain sufficient additional capital to continue to advance these product candidates and its preclinical programs; (iii) uncertainties in obtaining successful clinical results for product candidates and unexpected costs that may result therefrom; (iv) risks related to the failure to realize any value from product candidates and preclinical programs being developed and anticipated to be developed in light of inherent risks and difficulties involved in successfully bringing product candidates to market; (v) the the impact of COVID-19 on our operations, clinical trials or proposed merger and future financings and (vi) risks associated with the possible failure to realize certain anticipated benefits of the proposed Merger, including with respect to future financial and operating results. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These and other risks and uncertainties are more fully described in periodic filings with the SEC, including the factors described in the section entitled "Risk Factors" in Innovate Biopharmaceuticals. Inc. Annual Report on Form 10-K for the year ended December 31, 2019 and in other filings that Innovate has made and future filings the Company will make with the SEC. You should not place undue reliance on these forward-looking statements, which are made only as of the date hereof or as of the dates indicated in the forward-looking statements. The company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.
Corporate contact
Edward J. Sitar
Chief Financial Officer
9 Meters BioPharma, Inc.
investor-relations@9meters.com
www.9meters.com
Media contact
Amy Jobe, Ph.D.
LifeSci Communications, LLC
ajobe@lifescicomms.com
315-879-8192
Investor contact
Corey Davis, PhD
LifeSci Advisors, LLC
cdavis@lifesciadvisors.com
212-915-2577

text: 9 Meters Biopharma, Inc

text: 9 Meters Biopharma, Inc

text: William Blair & Company, L.L.C.

text: Intuitive Venture Partners

text: 9 Meters Biopharma, Inc

text: Edward J. Sitar

text: 9 Meters BioPharma, Inc


text:
EX-99.1
2
a16-13879_1ex99d1.htm
EX-99.1
Exhibit 99.1
Oppenheimer Holdings Inc. Reports Completion of the Sale of its $3.8 Billion Subsidiary Servicing Portfolio
New York, June 22, 2016
- Oppenheimer Holdings Inc. (NYSE: OPY) today reported the completion of the sale by its subsidiary, Oppenheimer Multifamily Housing & Healthcare Finance ("OMHHF") of OMHHF's permanent loan mortgage servicing portfolio to Walker & Dunlop, Inc. for cash proceeds of approximately $45 million. The sale, consisting of over 480 permanent loans insured by the U.S. Department of Housing and Urban Development, represents a sale of substantially all of the assets of OMHHF. The sale of the remainder of OMHHF's operating assets is expected to be completed in the near future. As previously reported, the Company had determined that OMHHF was a non-core business of the Oppenheimer financial services franchise and the Company's board of directors had approved the sale of assets of OMHHF.
Albert G. Lowenthal, Chairman and CEO commented, "We formed OMHHF in 1998 and successfully grew the business into one of the top ten commercial mortgage loan servicers in the U.S. I would like to thank Jim Moore, President of OMHHF, for his many years of service. We believe that the sale of this non-core business will allow us to continue to focus on growing our core banking and wealth management franchise".
Contact:
Jeffrey Alfano, (212) 825-4331

text: Oppenheimer Holdings Inc.

text: Oppenheimer Holdings Inc.

text: Walker & Dunlop, Inc.

text: Jim Moore


text:
EX-99.3
4
exhibit993pressrelease.htm
EXHIBIT 99.3
Exhibit
FOR IMMEDIATE RELEASE
DATE: October 4, 2017
XENIA HOTELS & RESORTS ACQUIRES
THE RITZ-CARLTON PENTAGON CITY FOR $105 MILLION
Orlando, FL - October 4, 2017 - Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced its acquisition of The Ritz-Carlton Pentagon City, a 365-room luxury hotel located in Arlington, Virginia, for a purchase price of $105 million, or approximately $287,670 per key. The acquisition was funded with cash available on the Company's balance sheet and its senior unsecured credit facility. The purchase price represents an estimated 11.3x multiple on 2017 forecasted Hotel EBITDA. The Company currently forecasts that the hotel will generate approximately $2 million of Hotel EBITDA for the remainder of 2017. Additional details on the transaction can be found in the presentation posted on the Company's website, www.xeniareit.com.
"We are pleased to add The Ritz-Carlton Pentagon City to our portfolio of high-quality hotels and resorts as we continue to increase our concentration in the luxury and upper upscale segments through the acquisition of our first Ritz-Carlton", said Marcel Verbaas, President and Chief Executive Officer of Xenia. "The hotel's excellent location and exposure to a diverse set of demand generators in the Arlington and Washington D.C. markets, its strong in-place cash flow, and our ability to acquire the hotel at an attractive valuation were key considerations in our decision to acquire this outstanding asset. We look forward to expanding our long-standing relationship with Marriott and building on the existing operations at the property as we benefit from the hotel's recent rooms renovation and the long-term strength and stability of the D.C. market".
The 18-story luxury hotel features 365 rooms and 19,000 square feet of meeting space, and has recently completed an $11 million renovation of its guestrooms and club lounge. In addition to being in excellent physical condition, the hotel is uniquely positioned within the market, as it is directly connected to The Fashion Centre at Pentagon City. This mixed-use facility contains approximately 870,000 square feet of retail and restaurant space, as well as an approximately 170,000 square feet office tower. The mall features 170 retailers and recently underwent a $90 million renovation and 52,000 square foot expansion.
The hotel is located proximate to the Pentagon, Crystal City and Rosslyn business districts, as well as Old Town Alexandria and Washington D.C. The property is the closest hotel to The Pentagon and is the only luxury hotel in the high-end Arlington, Virginia market. Arlington is one of the top performing submarkets in the D.C. Metro area due to its proximity to major government institutions, with over 40 million square feet of office space, various leisure demand generators, and transportation hubs such as Ronald Reagan National Airport and the region's Metro system.
About Xenia Hotels & Resorts, Inc.
Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests primarily in premium full service and lifestyle hotels, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 39 hotels, including 37 wholly owned hotels, comprising 11,533 rooms, across 18 states and the District of Columbia. Xenia's hotels are primarily in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott®, Hyatt®, Kimpton®, Aston®, Fairmont®, Hilton®, and Loews®, as well as leading independent management companies including Sage Hospitality, The Kessler Collection, Urgo Hotels & Resorts, and Davidson Hotels & Resorts. For more information on Xenia's business, refer to the Company website at www.xeniareit.com.
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "will", "may", "estimate", "plan", "outlook", "forecasts", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements include statements in this press release regarding the acquisition of certain properties identified in the news release and Xenia's expectations with respect to projected future performance of the properties. Forward-looking statements are based on Xenia's current expectations and beliefs, which we believe to be reasonable, and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. A further description of these risks, uncertainties, and other matters can be found in the Risk Factors detailed in Xenia's Annual Report on Form 10-K as filed on February 28, 2017, as well as other filings we make with the Securities and Exchange Commission. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by Xenia, and Xenia assumes no obligation and expressly disclaims any duty to update information contained in this news release except as required by law.
Contact:
Lisa Ramey, Vice President Finance, Xenia Hotels & Resorts, (407) 246-8100
For additional information or to receive press releases via email, please visit our website at
www.xeniareit.com
###

text: XENIA HOTELS & RESORTS

text: Xenia Hotels & Resorts, Inc.

text: Marcel Verbaas

text: Xenia Hotels & Resorts, Inc.

text: Xenia Hotels & Resorts, Inc.

text: Lisa Ramey

text: Xenia Hotels & Resorts


text:
EX-99.4
5
dex994.htm
FORM OF PRESS RELEASE.
Form of Press Release.
Exhibit 99.4
NEWS RELEASE - INNOVA PURE WATER ACQUIRES TWO COMPANIES
Clearwater, Florida June 27, 2005, INNOVA PURE WATER, INC. (IPUR.OB) John E. Nohren, Jr.,
Chairman and Rose C. Smith, President & CEO announced today the acquisition of two private companies, Numera Software Corporation an expanding proprietary software company and DesertView Management Services, a management consulting firm for an
undisclosed amount of restricted common shares and with Innova receiving an undisclosed amount of cash in the transaction.
Both John Nohren and Rose Smith will remain on the Board of Directors. They will continue to assist in the development of additional strategic alliances and the
marketing, and expansion of Innova's patented water filtration technology. Nohren and Smith said they were particularly pleased, as the merger will permit Innova to introduce several new products and enhance Innova's marketing commitment
while combining with currently profitable and growing Companies.
The
acquisitions bring Numera into the Corporation as a company with a broad range of advanced computer software, recently introduced nationally. Numera's software is applicable to normal accounting and management requirements, but offers a wide
range of specialized applications including accounting firms, law firms, manufacturing operations, small firms and professional organizations. Excellent growth prospects exist as we believe Numera's products are both cost as well as performance
advantaged over what may be termed the existing mid range products. Nohren and Smith are also very pleased with the new association with DesertView Management Systems, whose President, David L. Zich, is the incoming President of the combined
companies, bringing proven management expertise which the parties feel will be invaluable integrating the three companies, yet maintaining the identity and strengths of each to enhance the maximum growth in their respective markets which each
company's products and technology are superior and identifiable to the end user, their customer. We invite you to reference the Innova Internet site frequently as information will be posted shortly, and will include links to both Numera and
DesertView, and will be frequently updated relative to the activities of each of the entities that now make up Innova, as well as the water treatment side of our business, which is regaining its sales momentum.
Web sites relative to the respective Companies now part of Innova:
www.innovapurewater.com
www.numera.com
www.desertview.com
For further information contact:
Shareholder Relations
(417) 337-0637
or email @
ipurinfo@yahoo.com

text: INNOVA PURE WATER

text: INNOVA PURE WATER

text: Rose C. Smith

text: Numera Software Corporation

text: DesertView Management Services


text:
EX-99.1
3
exhibit99.htm
PRESS RELEASE
exhibit99.htm
Regency
Energy Partners Completes Acquisition of
Nexus
Gas Holdings, LLC, Expanding Reach in North Louisiana and East
Texas
DALLAS,
March 25, 2008 -
Regency Energy Partners
LP (Nasdaq: RGNC) has completed its previously announced acquisition of Nexus
Gas Holdings, LLC ("Nexus"), a midstream provider of natural gas gathering,
dehydration and compression services. The transaction is valued at
approximately $85 million, excluding customary adjustments based on working
capital, and will be immediately accretive to Regency unitholders.
"Regency
is pleased to have closed the Nexus acquisition, which will expand our reach in
one of the most prolific areas of North Louisiana and East Texas", said James W.
Hunt, chairman, president and chief executive officer of Regency.
With this
acquisition, Regency has also acquired Nexus' agreement to purchase 136 miles of
pipeline from Southern Natural Gas Company (SNG). Before Regency can
purchase the pipeline from SNG, the U.S. Federal Energy Regulatory Commission
must approve the abandonment and certain closing conditions must be
met. If the transaction closes under the currently anticipated
conditions, Regency will purchase the pipeline from SNG and make an additional
payment to Nexus.
Regency
funded the acquisition using borrowings under Regency's revolving credit
facility.
About
Regency
Regency
Energy Partners LP (Nasdaq: RGNC) is a growth-oriented, midstream energy
partnership engaged in the gathering, contract compression, processing,
marketing and transporting of natural gas and natural gas
liquids. Regency's general partner is owned by an affiliate of GE
Energy Financial Services, a unit of GE (NYSE: GE). For more
information, visit the Regency Energy Partners LP Web site at
www.regencyenergy.com
.
This
press release may contain forward-looking statements regarding Regency Energy
Partners, including projections, estimates, forecasts, plans and objectives.
These statements are based on management's current projections, estimates,
forecasts, plans and objectives and are not guarantees of future performance. In
addition, these statements are subject to certain risks, uncertainties and other
assumptions that are difficult to predict and may be beyond our control. These
risks and uncertainties include the emergence of undisclosed or latent
liabilities at Nexus that are not currently anticipated, changes in laws and
regulations impacting the gathering and processing industry, the level of
creditworthiness of the Partnership's counterparties, the Partnership's ability
to access the debt and equity markets, the Partnership's use of derivative
financial instruments to hedge commodity and interest rate risks, the amount of
collateral required to be posted from time to time in the Partnership's
transactions, changes in commodity prices, interest rates, demand for the
Partnership's services, weather and other natural phenomena, industry changes
including the impact of consolidations and changes in competition, the
Partnership's ability to obtain required approvals for construction or
modernization of the Partnership's facilities and the timing of production from
such facilities, and the effect of accounting pronouncements issued periodically
by accounting standard setting boards. Therefore, actual results and outcomes
may differ materially from those expressed in such forward-looking
information.
In light
of these risks, uncertainties and assumptions, the events described in the
forward-looking statements might not occur or might occur to a different extent
or at a different time than the Partnership has described. The Partnership
undertakes no obligation to update publicly or to revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
CONTACT:
Investor
Relations:
Shannon
Ming
Vice
President, Investor Relations & Communications
Regency
Energy Partners
214-239-0093
shannon.ming@regencygas.com
Media
Relations:
Elizabeth
Browne Cornelius
HCK2
Partners
972-716-0500
x26
elizabeth.cornelius@hck2.com

text:
Nexus
Gas Holdings, LLC

text:
Regency Energy Partners
LP

text:
Nexus
Gas Holdings, LLC

text: Nexus

text: Regency

text: Regency

text: Nexus

text:
James W.
Hunt

text: Regency

text: Regency

text: Nexus

text: Regency

text: Regency

text: Nexus

text: Regency

text: Regency

text: Regency

text:
Regency
Energy Partners LP

text: Regency

text: Regency Energy Partners LP

text: Nexus

text:
Shannon
Ming