text:
EX-99.1
3
a15-18520_2ex99d1.htm
EX-99.1
Exhibit 99.1
EPIRUS Biopharmaceuticals Expands Biosimilar Pipeline and Capabilities Through Acquisition of Bioceros
·
Combined companies' product pipeline targets reference biologics with sales of $29 billion in 2014
·
Pipeline expanded to include biosimilars to Soliris
®
, STELARA
®
and SIMPONI
®
·
Capabilities enhanced to accelerate product development and optimize quality and yields
Boston, MA -
(GlobeNewswire) - September 9, 2015 - EPIRUS Biopharmaceuticals, Inc. (Nasdaq:EPRS), a biosimilar company focused on the global development and commercialization of biosimilar monoclonal antibodies (mAbs), today announced an agreement for the acquisition of Bioceros Holding B.V., enabling EPIRUS to expand its biosimilar pipeline and vertically integrate product development capabilities.
Bioceros is a privately-held, Netherlands-based biopharmaceutical R&D company focused on the development of mAbs and generation of GMP-ready cell lines. Over the past decade, Bioceros has developed numerous biosimilar cell lines from its proprietary, well-characterized CHO platform (CHOBC®
)(i). Bioceros' staff of scientists, fully-equipped labs and bioreactor capabilities have been designed for the development of mAbs and protein therapeutics, with a focus on biosimilars.
From the Bioceros platform, EPIRUS will expand its pipeline with the addition of three preclinical product candidates: BOW080, a proposed biosimilar to eculizumab (reference biologic Soliris
®
), BOW090, a proposed biosimilar to ustekinumab (reference biologic STELARA
®
) and BOW100, a proposed biosimilar to golimumab (reference biologic SIMPONI
®
). Soliris, marketed by Alexion Pharmaceuticals, is currently indicated to treat ultra-rare blood disorders, including paroxysmal nocturnal hemoglobinuria (PNH) and atypical hemolytic uremic syndrome (aHUS). SIMPONI and STELARA are marketed by Janssen Pharmaceuticals and indicated in inflammatory and immune mediated disorders.
These three new pipeline assets represent a global growth opportunity for EPIRUS in targeting reference biologics with estimated 2020 peak sales of $12 billion(ii). The platform also enables future pipeline growth opportunities for EPIRUS. The anticipated filing dates for the three new pipeline products are 2020 for BOW080, 2021 for BOW090 and 2022 for BOW100.
"Building a focused, sustainable and profitable biosimilar business requires capabilities for efficient pipeline growth. With this in mind, we are excited to welcome Bioceros and their world-class capabilities and expertise", said Amit Munshi, president and chief executive officer, EPIRUS Biopharmaceuticals. "Together, we will continue working to improve patient access to important, cost-effective medicines worldwide. Our combined biosimilar pipeline targets reference biologics with sales of $29 billion, which we estimate to be a biosimilar market opportunity of more than $9 billion".
"Having worked with EPIRUS as a partner over the last several years, we believe strongly in the Company's vision and their ability to execute", said Bram Bout, Ph.D., chief executive officer and chairman of the management board, Bioceros. "With our proven track record, our team brings substantial cell line and process development experience, representing a strong asset for EPIRUS".
Under the terms of the agreement, EPIRUS has acquired Bioceros for a total consideration of $14.1 million in cash and stock payable in installments over a one-year period.
Conference Call and Webcast Information:
EPIRUS' leadership team will host a conference call and webcast today, September 9, 2015 at 9:00 a.m. Eastern Time, to discuss these recent corporate developments. To access the conference call, please dial 1-855-638-3957 (United States) or 1-224-633-1318 (International). The conference ID is 32375668. The webcast can be accessed on EPIRUS' website at http://ir.epirusbiopharma.com/events.cfm. Please connect to either the conference call or
webcast at least 10 minutes early to ensure adequate time to register. The webcast will be archived on EPIRUS' website for a period of three months.
About EPIRUS Biopharmaceuticals
EPIRUS Biopharmaceuticals (Nasdaq:EPRS) is a biopharmaceutical company building a focused, sustainable and profitable biosimilar business. EPIRUS' goal is to improve patient access to important, cost-effective medicines worldwide. EPIRUS' current pipeline of biosimilar product candidates includes: BOW015 (infliximab, reference biologic Remicade®
); BOW050 (adalimumab, reference biologic Humira
®
); BOW070 (tocilizumab, reference biologic Actemra
®
); BOW080 (eculizumab, reference biologic Soliris®); BOW090 (ustekinumab, reference biologic STELARA
®
); and BOW100 (golimumab, reference biologic SIMPONI
®
)(iii). The reference products for these candidates together generated approximately $29.2 billion in global sales for 2014, according to EvaluatePharma
®
. EPIRUS has developed distinct strategies to penetrate the global market, leveraging partnerships to optimize value retention over the long term. For more information visit EPIRUS' website at www.epirusbiopharma.com.
Forward-Looking Statements
Various statements in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, when or if used in this document, the words "may", "could", "should", "anticipate", "believe", "estimate", "expect", "intend", "plan", "predict" and similar expressions and their variants, as they relate to EPIRUS or its management may identify forward-looking statements. EPIRUS cautions that these forward-looking statements are subject to numerous assumptions, risks, and uncertainties, which change over time. Important factors that may cause actual results to differ materially from the results discussed in the forward-looking statements or historical experience include risks and uncertainties, including the failure by EPIRUS to secure and maintain relationships with collaborators and single-source contract manufacturers; risks relating to in-house cell line and process development activities: risks relating to clinical trials; risks relating to the commercialization, if any, of EPIRUS' proposed product candidates (such as marketing, regulatory, product liability, supply, competition, and other risks); dependence on the efforts of third parties; dependence on intellectual property; risks related to the loss of any of EPIRUS' key management personnel; risks that EPIRUS may lack the financial resources and access to capital to fund proposed operations and other factors that are described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of EPIRUS' annual report on Form 10-K for the fiscal year ended December 31, 2014 and quarterly reports on Form 10-Q for the quarters ended March 31, 2015 and June 30, 2015, which are on file with the SEC and available on the SEC's website at www.sec.gov. In addition to the risks described above and in EPIRUS' annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and other filings with the SEC, other unknown or unpredictable factors also could affect EPIRUS' results. There can be no assurance that the actual results or developments anticipated by EPIRUS will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, EPIRUS. Therefore, no assurance can be given that the outcomes stated in such forward-looking statements and estimates will be achieved.
All written and verbal forward-looking statements attributable to EPIRUS or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to herein. EPIRUS cautions investors not to rely too heavily on the forward-looking statements EPIRUS makes or that are made on its behalf. The information in this release is provided only as of the date of this release, and EPIRUS undertakes no obligation, and specifically declines any obligation, to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Information:
For media inquiries:
Mike Devine, FleishmanHillard
+1-617-692-0507
michael.devine@fleishman.com
For investor inquiries:
Tom Shea, EPIRUS Biopharmaceuticals
+1-617-600-3471
tshea@epirusbiopharma.com
Source: EPIRUS Biopharmaceuticals, Inc.
(i) CHOBC
is a registered trademark of Bioceros Holding B.V.
(ii) As reported by EvaluatePharma (data pulled August 2015)
(iii) Remicade is a registered trademark of Johnson and Johnson (www.jnj.com); Humira is a registered trademark of AbbVie (www.abbvie.com); Actemra is a registered trademark of Chugai Seiyaku Kabushiki Kaisha Corp., a member of the Roche Group (www.gene.com); Stelara is owned and marketed by Centocor Ortho Biotech Inc, a wholly owned subsidiary of Johnson & Johnson (www.jnj.com); Simponi is marketed by Janssen Biotech Inc (www.janssenbiotech.com); Soliris is a registered trademark of Alexion Pharmaceuticals, Inc. (www.alxn.com)

text: EPIRUS Biopharmaceuticals

text: Bioceros

text: EPIRUS Biopharmaceuticals, Inc.

text: Bioceros Holding B.V.

text: EPIRUS

text: Bioceros

text: Bioceros

text: Bioceros

text: Bioceros

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: Bioceros

text: Amit Munshi

text: EPIRUS Biopharmaceuticals

text: EPIRUS

text: Bioceros

text: EPIRUS

text: EPIRUS

text: Bioceros

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS Biopharmaceuticals

text: EPIRUS Biopharmaceuticals

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS

text: EPIRUS Biopharmaceuticals

text: EPIRUS Biopharmaceuticals, Inc.

text: Bioceros Holding B.V.


dataset: buster

text:
EX-99.1
2
ex991-evansvillerelease.htm
EX-99.1
Document
Exhibit 99.1
BALLY'S CORPORATION COMPLETES ACQUISITION OF TROPICANA EVANSVILLE CASINO
Transaction Expands Bally's Physical and Interactive Footprint into Eleventh State
Acquisition Includes Unencumbered Rights to Evansville's Sports Betting and iGaming Skins
PROVIDENCE, R.I., June 4, 2021 - Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it completed its acquisition of the Tropicana Evansville casino operations from Caesars Entertainment, Inc. (NASDAQ: CZR). As part of the transaction, Bally's also acquired the unencumbered rights to the Evansville operations' sports betting and iGaming skins, which will provide the Company with greater access to the growing Indiana gaming market.
George Papanier, President and Chief Executive Officer of Bally's Corporation, said, "The Tropicana Evansville acquisition closing marks another major accomplishment in what has already been a truly remarkable year for Bally's. As we continue to implement our growth and diversification strategy with precision, we are excited to welcome the Tropicana Evansville into the Bally's family and look forward to the opportunity to provide our first-in-class land-based and interactive entertainment offerings to the Indiana gaming market".
As previously announced, Bally's acquired the Tropicana Evansville for $140 million. As part of the transaction, an affiliate of Gaming & Leisure Properties, Inc. ("GLPI") acquired the real estate associated with the Tropicana Evansville casino for $340 million, which it is leasing to Bally's for $28 million per year, subject to escalation. GLPI also acquired the real estate associated with Bally's Dover Downs casino for $144 million, which it is leasing back to Bally's for $12 million per year, subject to escalation. Both leases are governed by a master lease agreement with GLPI, which has an initial term of 15 years and includes four, five-year options.
As a result of this structure, no cash outlay was required by Bally's at closing. Bally's expects this transaction to be immediately accretive to earnings.
Tropicana Evansville maintains 79,000 square feet of enclosed space, including 45,000 square feet of casino floor, four dining venues, a race and sportsbook, and back of house space. The complex also includes 11,000 square feet of convention space adjacent to the casino, and a Riverfront Event Center located across the street, which includes 10,000 square feet of convention space overlooking the Ohio River. Accommodations include a 243-room hotel tower and a 95-room boutique hotel.
About Bally's Corporation
Bally's Corporation is the premier, full-service, vertically integrated sports betting and iGaming company in the U.S. with a B2B2C business model. It currently owns and manages 13 casinos across nine states, a horse racetrack and 13 authorized OTB licenses in Colorado. It also owns Bet.Works, a first-in-class sports betting platform, Monkey Knife Fight, the fastest growing daily fantasy sports site in North America, and SportCaller, a leading global B2B free-to-play game provider.
With more than 6,000 employees, the Company's operations include 14,445 slot machines, 498 game tables and 3,680 hotel rooms. Following the completion of pending acquisitions, which include the Jumer's Casino & Hotel (Rock Island, IL) and the Tropicana Las Vegas (Las Vegas, NV), as well as the construction of a land-based casino near the Nittany Mall in State College, PA, Bally's will own and manage 16 casinos across 11 states. Bally's also maintains a multi-year market access partnership with Elite Casino Resorts, through which it will provide mobile sports betting in Iowa, and a temporary sports wagering permit to conduct online sports betting in the Commonwealth of Virginia. Its shares trade on the New York Stock Exchange under the ticker symbol "BALY".
Cautionary Note Regarding Forward-Looking Statements
This document includes forward-looking statements within the meaning of the securities laws. Forward-looking statements are statements as to matters that are not historical facts, and include statements about Bally's plans, objectives, expectations and intentions.
Forward-looking statements are not guarantees and are subject to risks and uncertainties. Forward-looking statements are based on Bally's current expectations and assumptions. Although Bally's believes that its expectations and assumptions are reasonable at this time, they should not be regarded as representations that Bally's expectations will be achieved. Actual results may vary materially. Forward-looking statements speak only as of the time of this document and Bally's does not undertake to update or revise them as more information becomes available, except as required by law.
Important factors beyond those that apply to most businesses, some of which are beyond Bally's control, that could cause actual results to differ materially from our expectations and assumptions include, without limitation:
.uncertainties surrounding the COVID-19 pandemic, including limitations on Bally's operations, increased costs, changes in customer attitudes, impact on Bally's employees and the ongoing impact of COVID-19 on general economic conditions;
.unexpected costs, difficulties integrating and other events impacting Bally's recently completed and proposed acquisitions and Bally's ability to realize anticipated benefits;
.risks associated with Bally's rapid growth, including those affecting customer and employee retention, integration and controls;
.risks associated with the impact of the digitalization of gaming on Bally's casino operations, Bally's expansion into iGaming and sports betting and the highly competitive and rapidly changing aspects of Bally's new interactive businesses generally;
.the very substantial regulatory restrictions applicable to Bally's, including costs of compliance;
.restrictions and limitations in agreements governing Bally's debt could significantly affect Bally's ability to operate our business and our liquidity; and
.other risks identified in Part I. Item 1A. "Risk Factors" of Bally's Annual Report on Form 10-K for the fiscal year ended December 31, 2019 as filed with SEC on March 13, 2020 and other filings with the SEC.
The foregoing list of important factors is not exclusive and does not include matters like changes in general economic conditions that affect substantially all gaming businesses.
You should not place undue reliance on Bally's forward-looking statements.
Investor Contact
Steve Capp
Executive Vice President and Chief Financial Officer
401-475-8564
InvestorRelations@twinriver.com
Media Contact
Richard Goldman / David Gill
Kekst CNC
646-847-6102 / 917-842-5384
BallysMediaInquiries@kekstcnc.com

label: organization

text: BALLY'S CORPORATION

text: Bally's Corporation

text: Caesars Entertainment, Inc.

label: person

text: George Papanier

text: Bally's Corporation

text: Gaming & Leisure Properties, Inc.

text: GLPI

text: GLPI

text: GLPI

text: Bally's Corporation

text: Bally's Corporation

source_dataset: expertai/BUSTER

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


text:
EX-99.1
2
a14-21830_1ex99d1.htm
EX-99.1
Exhibit 99.1
PRESS RELEASE
Contact:
Physicians Realty Trust
John T. Thomas
President and CEO
(214) 549-6611
John W. Sweet
Executive Vice President and CIO
(414) 978-6467
Investors:
The Ruth Group
David Burke
646 536-7009
dburke@theruthgroup.com
PHYSICIANS REALTY TRUST COMPLETES $114.1 MILLION IN ACQUISITIONS
$226.2 million of acquisitions during the third quarter and $454.1 million year to date
Milwaukee, WI, October 1, 2014 - Physicians Realty Trust (NYSE:DOC) (the "Company"), a self-managed healthcare real estate company, announced today that it has closed on previously announced acquisitions consisting of seven different properties totaling approximately $114.1 million of investments. Together, these acquisitions will average a first year unlevered cash yield of approximately 7.4%.
The acquisitions the Company closed are as follows:
· A portfolio of three medical facilities in El Paso, Texas, consisting of a specialty surgical hospital and two medical office buildings primarily leased to El Paso Orthopaedic Surgery Group. The facilities total 178,700 square feet and are currently 94.5% occupied. The total purchase price was approximately $46.2 million with a first year unlevered yield of 7.8%. At closing, the physician owners contributed the facilities to the Company's Operating Partnership in exchange for 950,324 operating partnership units worth $13.2 million in the Company's operating partnership, Physician Realty L.P. ("OPUs"), as well as additional cash consideration.
· The Mark H. Zangmeister Cancer Center in Columbus, Ohio which is a 109,667 square foot, multi-tenant medical office building 100% occupied by Mid-Ohio Oncology/Hematology ("Mid-Ohio") and Mt. Carmel Health System ("Mt. Carmel"), a member of Trinity Health, one of the nation's largest Catholic health systems, serving patients and communities in 21 states. Mid-Ohio is a physician group of cancer and blood disorder treatment specialists with over 30 years of experience as a private practice and occupies almost 90% of the building. Mt. Carmel occupies the remainder of the building and specializes in radiation oncology. The total purchase price is $36.6 million with a first year unlevered yield of approximately 7.1%.
· The Berger Medical Center in Orient, Ohio which is a 31,528 square foot medical office building that is 78% occupied by Berger Hospital d/b/a Berger Health System. The property was acquired for approximately $6.8 million with a first year unlevered yield of approximately 7.5%.
· Two medical office buildings located in Columbus and Westerville, Ohio. The facilities total approximately 95,749 square feet and are 100% occupied. The primary tenant is Orthopedic ONE, the largest privately owned orthopedic practice in Ohio, which leases 94% of the rentable square footage. The total purchase price for the buildings is approximately $24.5 million with a first year unlevered yield of approximately 7.1%.
John T. Thomas, Physician Realty Trust's Chief Executive Officer stated, "These completed investments continue to reflect the consistent execution of our strategy to build a high quality portfolio of medical facilities with high quality physicians and providers in the communities they serve. We are proud of the physician relationships we continue to establish and have the opportunity to grow with in the future, as they provide us stable long term cash flows for our investors. With the closing of these transactions, we have now closed on $226.2 million in investments for the third quarter and $454.1 million in total investments during 2014".
"With these investments and our pace of growth, we believe we are well positioned to deliver long-term value for the Company, our tenants and our shareholders".
Mitch McBeth, CEO of El Paso Orthopaedic Surgery Group, commented on the sale of the facilities saying, "El Paso Orthopaedic Surgery Group recognizes that the practice of medicine is changing and we were seeking a capital partner to support our future growth and expansion efforts. As the El Paso community has grown, EPOSG invested in infrastructure including facilities and technology to deliver the highest quality healthcare to the Paso del Norte community. As the healthcare landscape has evolved, we considered many strategic options. The more we learned about John Thomas and the DOC team, the more we realized we had found a committed long-term real estate partner focused on enabling our team to continue delivering the highest quality healthcare. We are excited to partner with Physicians Realty Trust given their existing investments in the community and commitment to continue to invest in El Paso".
About Physicians Realty Trust
Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare. The Company is a Maryland real estate investment trust and elected to be taxed as a REIT for U.S. federal income tax purposes beginning with its short taxable year ended December 31, 2013. The Company conducts its business through an UPREIT structure in which its properties are owned by Physicians Realty L.P., a Delaware limited partnership (the "operating partnership"), directly or through limited partnerships, limited liability companies or other subsidiaries.
Investors are encouraged to visit the Investor Relations portion of the Company's website (www.docreit.com) for additional information, including annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, press releases, supplemental information packages and investor presentations.
Forward-Looking Statements
This press release contains statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "believes", "expects", "may", "will", "should", "seeks", "approximately", "intends", "plans", "estimates", "anticipates" or other similar words or expressions. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. These forward-looking statements are subject to various risks and uncertainties, not all of which are known to the Company and many of which are beyond the Company's control, which could cause actual results to differ materially from such statements. These risks and uncertainties are described in greater detail in the Company's filings with the Securities and Exchange Commission (the "Commission"), including, without limitation, the Company's annual and periodic reports and other documents filed with the Commission. Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

text: Physicians Realty Trust

text: John T. Thomas

text: PHYSICIANS REALTY TRUST

text: Physicians Realty Trust

text: John T. Thomas

text: Physicians Realty Trust

text: Physicians Realty Trust

text: Physicians Realty Trust


text:
EX-99.1
3
ex991.htm
EXHIBIT 99.1
ex991.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing
Exhibit 99.1
For Immediate Release
CONTACT
Charles D. Christy
EVP & Chief Financial Officer
(810) 237-4200
Charlie.Christy@cbcf-net.com
Kristine D. Brenner
Investor Relations
(810) 257-2506 or (989) 725-7337
Investor.Relations@cbcf-net.com
kbrenner@republicbancorp.com
CITIZENS BANKING CORPORATION COMPLETES MERGER WITH REPUBLIC BANCORP INC.
FLINT, MICHIGAN, December 29, 2006 ---
Citizens Banking Corporation (NASDAQ: CBCF) ("Citizens") announced today that it completed its merger with Republic Bancorp Inc. (NASDAQ: RBNC) ("Republic") to create the new Citizens Republic Bancorp ("Citizens Republic"). The transaction is valued at approximately $1.050 billion in stock and cash. Based on September 30, 2006 total assets of $14.0 billion, Citizens Republic Bancorp is the 45
th
largest bank holding company headquartered in the United States and 2
nd
largest bank holding company headquartered in Michigan.
Key Highlights of the Transaction:
·
Effective January 3, 2007, Citizens Republic will be traded on NASDAQ under the symbol CRBC with $2.0 billion in combined market capitalization, based on the previous day's closing prices.
·
Based on Citizens' average closing price of $27.03 for the ten trading day period ended December 28, 2006, the transaction is valued at $13.91 per Republic share and represents total consideration of $1.050 billion. The aggregate consideration consists of:
o
$154.9 million in cash
o
approximately $885.1 million in value from 32.7 million Citizens shares valued for accounting purposes at $27.03 per share
o
the exchange of Republic stock options for Citizens stock options fair valued for accounting purposes at approximately $10.4 million.
·
Republic shareholders who made valid cash elections will receive $13.91 per share for approximately 65% of the shares covered by such election and 0.5146 of a share of Citizens common stock for each remaining share of Republic common stock covered by such election.
·
Republic shareholders who made a valid stock election will receive 0.5146 of a share of Citizens common stock per share of Republic common stock for which they made such an election. Common stock received by Republic shareholders is expected to qualify as a tax-free exchange.
·
Republic shareholders who did not make a valid election will receive 0.5146 of a share of Citizens common stock per share of Republic common stock for which they did not make an election.
·
In accordance with the terms of the merger agreement, Citizens will not issue any fractional shares. Instead, Republic shareholders will receive cash in lieu of any fractional share of Citizens common stock at a rate of $27.03 per share.
·
The executive management of Citizens Republic Bancorp is comprised of:
o
Jerry D. Campbell as chairman
o
William R. Hartman as chief executive officer
o
Dana M. Cluckey as president and chief operating officer
o
Charles D. Christy as chief financial officer
1
o
John D. Schwab as chief credit officer
o
Thomas F. Menacher as merger integration officer.
·
The Board of Directors for Citizens Republic is comprised of nine Citizens directors and seven Republic directors.
Corporate Profile
Citizens Republic Bancorp is a diversified financial services company providing a wide range of commercial, consumer, mortgage banking, trust and financial planning services to a broad client base. Citizens Republic Bancorp serves communities in Michigan, Ohio, Wisconsin, and Indiana as Citizens Bank and Republic Bank and in Iowa as F&M Bank, with a total of 269 offices and 286 ATMs. Citizens Republic Bancorp is the second-largest bank holding company headquartered in Michigan with roots dating back to 1871. Based on September 30, 2006 total assets, Citizens Republic is the 45
th
largest bank holding company headquartered in the United States. More information about Citizens Republic Bancorp is available at
www.citizensonline.com
.
Safe Harbor Statement
Discussions in this release that are not statements of historical fact (including statements that include terms such as "will", "may", "should", "believe", "expect", "anticipate", "estimate", "intend", and "plan") are forward-looking statements that involve risks and uncertainties. Any forward-looking statement is not a guarantee of future performance and actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements about the benefits of the business combination transaction involving Citizens and Republic, including future financial and operating results, the new company's plans, objectives, expectations and intentions and other statements that are not historical facts.
The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: the risk that the businesses will not be integrated successfully; deposit attrition and disruption from the transaction making it more difficult to maintain relationships with customers, employees or suppliers; the risk that the cost savings and any other synergies from the transaction may not be fully realized or may take longer to realize than expected; competition and its effect on pricing, spending, third-party relationships and revenues; movements in market interest rates and secondary market volatility; and unfavorable changes in economic and business conditions or the regulatory environment. Additional factors that may affect future results are contained in Citizens' and Republic's filings with the SEC, which are available at the SEC's web site http://www.sec.gov. Citizens and Republic disclaim any obligation to update and revise statements contained in these materials based on new information or otherwise.
####
2

text: CITIZENS BANKING CORPORATION

text: REPUBLIC BANCORP INC.

text: Citizens Banking Corporation

text: Republic Bancorp Inc.

text: Citizens Republic Bancorp

text: Citizens Republic Bancorp

text: Citizens Republic Bancorp

text: Citizens Republic Bancorp

text: Citizens Republic Bancorp

text: Citizens Republic Bancorp

text: Citizens Republic Bancorp


text:
EX-99.1
3
iiot_ex9901.htm
PRESS RELEASE
Exhibit 99.1
IIoT-OXYS
Inc. Completes its Acquisition of HereLab Inc., Strengthening its Capabilities in the Industrial Internet of Things (IIoT) Space.
CAMBRIDGE, MA / January 12, 2018 / IIoT-OXYS Inc. (Stock Symbol:
ITOX) announced today that it has completed its acquisition of HereLab Inc. (www.herelab.io) and has thereby strengthened its capabilities
and potential customer base in the Industrial Internet of Things (IIoT) Space. Giro DiBiase, CEO of IIoT-OXYS Inc., explained that
"although HereLab Inc. is also an early stage company, they have a very impressive track record of capturing early adopter
and early majority customers as well as teaming with industry-leading partners such as Arrow Electronics (NYSE: ARW). On the engineering
front, they have OEM products for agriculture, irrigation and urban applications and have on-boarded over 35 sensors on application
focused board, interface and enclosure designs. This design expertise gives IIoT-OXYS Inc. a tremendous boost in terms of developing
and deploying bespoke solutions for current and future customers in a wide range of industrial sectors including manufacturing,
civil infrastructure, agriculture, buildings, power generation and distribution, environmental monitoring, and beyond".
Patrick Phillips, founder of HereLab and newly appointed VP
of Product Development and Board Member for IIoT-OXYS, further observed that "at HereLab, we accelerate edge-focused IoT
product development and deployment through field tested reference designs, focused channel partnerships and experienced execution.
We are working with major chip designers, sensor manufacturers, Agriculture-IoT firms, commercial irrigation and connectivity corporations
and others on a wide range of solution driven products and services which will be released starting in Q2 2018. We are very much
looking forward to combining forces with IIoT-OXYS to significantly expand both capability and customer base. Together, we have
very real product and execution synergies which will rapidly lead to sustainable revenue along a clear growth trajectory".
Giro DiBiase, CEO of IIoT-OXYS Inc. added that "we welcome
Patrick to our executive team and we value his significant analytical capability as well as his leadership skills in focusing our
product development team on providing the maximum value for our customers and shareholders. This acquisition will bring new capabilities,
new leadership strength, and new customers and channel partners to IIoT-OXYS. This all translates to enhanced revenue generation
with great prospects for growth".
Forward-Looking Statements
This news release contains forward-looking statements that reflect
Management's current views about future events and financial performance. Forward-looking statements often contain words such as
"expects", "anticipates", "intends", or "believes." Our forward-looking statements are subject to a number of risks and
uncertainties that may cause actual results and events to differ materially from those projected in the forward-looking statements.
Risks and uncertainties that could adversely affect us include, without limitation, the loss of major customers, our failure to
obtain new contracts, our inability to patent products or processes, our infringement of patents held by others, our inability
to finance our business and the other risks and uncertainties that are discussed in our most recent filings with the Securities
and Exchange Commission. The forward-looking statements in this news release are made only as of the date of this news release.
We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Giro DiBiase
CEO
IIoT- OXYS, Inc.
info@oxyscorp.com
+1 617 500 5101
www.oxyscorp.com
www.herelab.io
SOURCE: IIoT-OXYS Inc.

text:
IIoT-OXYS
Inc.

text: HereLab Inc.

text: IIoT-OXYS Inc.

text: HereLab Inc.

text: IIoT-OXYS Inc.

text: HereLab Inc.

text: IIoT-OXYS Inc.

text: Patrick Phillips

text: IIoT-OXYS Inc.

text: IIoT-OXYS Inc.


text:
EX-99.2
3
fnrg_ex992.htm
PRESS RELEASE
fnrg_ex992.htm
Exhibit 99.1
ForceField Energy
Completes Sale of its Interest in TransPacific Energy
Transaction Supports Company's Strategic Focus on Multi-Billion LED Market Opportunity; Decreases Common Shares Outstanding by 255,000 Shares
NEW YORK, NY (Globe Newswire-March 6, 2015) ForceField Energy Inc. ("ForceField" or the "Company") (NASDAQ: FNRG), a seller and distributor of energy products and solutions, announced today that it has completed the sale of its 50.3% interest in TransPacific Energy, Inc. ("TPE") to certain current and former TPE shareholders for total consideration valued at approximately $2.0 million, which includes $50,000 in cash and the return by the TPE shareholders of approximately 255,000 shares of ForceField's common stock issued in connection with ForceField's acquisition of its 50.3% interest in TPE in June 2012. The total value received by ForceField for its equity interest exceeds the amount it paid to purchase the interest by approximately $500,000. This transaction is part of the Company's ongoing strategic plan to focus its resources on very significant near term opportunities in the multi-billion LED market.
Under the terms of the agreement, total consideration valued at approximately $2.0 million includes approximately 255,000 shares of ForceField common stock, valued at $7.49, as of the market close on March 5, 2015. The shares, which have been returned to treasury, will reduce ForceField's outstanding share count from approximately 18.7 million shares outstanding to approximately 18.45 million shares outstanding. Additionally, ForceField is indemnified from any past, present or future obligations or liabilities, which were assumed in totality by the TPE shareholders that were party to the agreement. As a result of the transaction and effective immediately, ForceField has exited the "ORC waste heat segment" of its business.
The divestiture of its waste heat segment ORC segment will enable the Company to more efficiently deploy capital to support current LED projects as well as to support current backlog and outstanding proposals; including the recently announced significant LED multi-million dollar street light conversion programs in Connecticut and in other states. In addition, it will also support the expected expansion of its LED services, product capabilities as well as its regional presence.
David Natan, ForceField's CEO, commented, "We are very pleased to have received nearly $2.0 million in value for our waste heat assets which have been essentially dormant for the last one and one half years. There is no doubt in our minds that this transaction, which enables us to retire 255,000 shares outstanding and reduce our share float, is in the best interest of our shareholders. Focusing our resources on the LED market opportunity will enable us to more rapidly deliver the highest potential revenue growth, operating margins, and return on capital. We will continue to work diligently to maximize our capital resources to support the expected long term growth and profitably of our company".
About ForceField Energy Inc.
ForceField Energy Inc. and its subsidiaries comprise a global company whose products and solutions focus on sustainable energy solutions and improved energy efficiency. ForceField is a distributor of LED and other lighting products for a number of premier LED lighting manufacturers; and through its award-winning subsidiaries, American Lighting and ESCO, have completed lighting installations and retrofits as well as energy efficiency upgrades, for numerous high profile concerns in a variety of industries.
www.forcefieldenergy.com
Forward-Looking Statements
Except for statements of historical fact, the matters discussed in this press release are forward looking. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future", "anticipates" or "anticipated", "believes", "estimated" or "estimates", "plan" or "planned", "expects" or "projected." These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond ForceField's control that may cause actual results to differ materially from stated expectations. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include (i) failure to obtain adequate financing to achieve the Company's LED revenue targets and to support working capital needs; (ii) successful installation and efficacy of the Company's LED lighting products; (iii) expansion of the Company's product offerings and services to additional states across the U.S., (iv) generating additional revenue and profitability from the Company's expected national expansion program, (v) competition within the LED industry both domestically and internationally, (vi) efficacy of ESCO's streetlight product offering, (vii) generating $25-30 million dollars from the streetlight program over the next three to five years, (viii) realizing the potential operating and financial benefits of exiting the ORC waste heat segment and focusing on the LED market opportunity, and (ix) other factors, without limitation, which are set forth in documents we file from time to time with the Securities and Exchange Commission, which are available at www.sec.gov. For a written description of these factors, see the section titled "Risk Factors" in the Company's Form 10-K for the fiscal year ended December 31, 2013 and any updating information in subsequent SEC filings. The Company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent events or otherwise, except as required by law.
Contact information
ForceField Energy Inc.
Richard ST Julien
(212) 672-1786
www.forcefieldenergy.com

text: ForceField Energy

text: TransPacific Energy

text: ForceField Energy Inc.

text: TransPacific Energy, Inc.

text: TPE shareholders

text: TPE shareholders

text: TPE shareholders

text: ForceField Energy Inc.

text: ForceField Energy Inc.

text: ForceField Energy Inc.


text:
EX-99.1
5
tm1921481d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
P&F INDUSTRIES, INC. ACQUIRES
BLAZ-MAN GEAR, INC. AND GEAR PRODUCTS & MANUFACTURING, INC.
MELVILLE,
N.Y., October 25, 2019
- P&F Industries, Inc. (NASDAQ: PFIN) announced that effective today, through a
wholly owned subsidiary of Hy-Tech Machine, Inc., it acquired substantially all the assets comprising the businesses of Blaz-Man
Gear, Inc. and Gear Products & Manufacturing, Inc., each an Illinois-based corporation that manufactures and
distributes custom gears and power transmission gear products. The purchase price consisted of an aggregate of approximately $3.5
million in cash and the assumption of certain payables and contractual obligations. In addition, the sellers may be entitled to
additional contingent consideration based upon sale of certain categories of acquired inventory during the two-year period following
the closing date.
Richard Horowitz, P&F's Chairman, President and Chief Executive
Officer, stated, "I am extremely pleased to announce the acquisition of both the Blaz-Man and Gear Products businesses. These
acquisitions further expand our gear product offerings to a broader range of industries and provides us with expertise to expand
into more complex spiral and straight bevel gear design and manufacture. We believe that consolidating the operations of these
acquired businesses within Hy-Tech's Quality Gear operations throughout the next twelve months should generate cost reductions
and other efficiencies. This transaction is a meaningfully strategic step for the Company, as we continue to expand our offerings
in the air tools and related accessories market".
About P&F Industries, Inc.
P&F Industries, Inc., through its wholly owned subsidiaries,
is a leading manufacturer and importer of power tools and accessories sold principally to the aerospace, industrial, automotive
and retail markets. P&F's products are sold under its own trade names, as well as under the private labels of major manufacturers
and retailers.
Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 (the Reform
Act) provides a safe harbor for forward-looking statements made by or on behalf of P&F Industries, Inc. and subsidiaries
(P&F, or the Company). P&F and its representatives may, from time to time, make written or verbal forward-looking statements,
including statements contained in the Company's filings with the Securities and Exchange Commission and in its reports to
shareholders. Generally, the inclusion of the words believe, expect, intend, estimate, anticipate, will, may, would, could, should
and their opposites and similar expressions identify statements that constitute forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and that are intended
to come within the safe harbor protection provided by those sections. Any forward-looking statements contained herein, including
those related to the Company's future performance, are based upon the Company's historical performance and on current
plans, estimates and expectations. All forward-looking statements involve risks and uncertainties. These risks and uncertainties
could cause the Company's actual results for all or part the 2019 fiscal year and beyond to differ materially from those
expressed in any forward-looking statement made by or on behalf of the Company for a number of reasons including, but not limited
to:
·
Exposure to fluctuations in energy prices;
·
Debt and debt service requirements;
·
Borrowing and compliance with covenants under our credit facility;
·
Disruption in the global capital and credit markets;
·
The strength of the retail economy in the United States and abroad;
·
Risks associated with sourcing from overseas, including tariffs;
·
Importation delays
·
Customer concentration;
·
Adverse changes in currency exchange rates;
·
Impairment of long-lived assets and goodwill;
·
Unforeseen inventory adjustments or changes in purchasing patterns;
·
Market acceptance of products;
·
Competition;
·
Price reductions;
·
Interest rates;
·
Litigation and insurance;
·
Retention of key personnel;
·
Acquisition of businesses;
·
Regulatory environment;
·
The threat of terrorism and related political instability and economic uncertainty; and
·
Information technology system failures and attacks,
and those other risks and uncertainties described in the Company's most recent Annual Report on Form 10-K, its Quarterly
Reports on Form 10-Q, and its other reports and statements filed by the Company with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to update publicly
or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. The Company
cautions you against relying on any of these forward-looking statements.
P&F Industries, Inc.
Joseph A. Molino, Jr.
Chief Operating Officer
631-694-9800
www.pfina.com

text: P&F INDUSTRIES, INC.

text: BLAZ-MAN GEAR, INC.

text: GEAR PRODUCTS & MANUFACTURING, INC.

text: P&F Industries, Inc.

text:
Blaz-Man
Gear, Inc.

text: Gear Products & Manufacturing, Inc.

text: P&F Industries, Inc.

text: P&F Industries, Inc.

text: P&F Industries, Inc.

text: P&F Industries, Inc.


text:
EX-99.1
2
f8kex99120180117.htm
EXHIBIT 99.1
Exhibit
EXHIBIT 99.1
NeuroMetrix and GlaxoSmithKline Consumer Healthcare Announce Strategic Collaboration to Develop and Expand Access to Quell Wearable Pain Relief Technology
WALTHAM, Mass., January 17, 2018 (Globe NewsWire)-- NeuroMetrix, Inc. (Nasdaq: NURO) announced today a collaboration with GlaxoSmithKline (NYSE:GSK), one of the world's largest science-led global healthcare companies, involving Quell® Wearable Pain Relief Technology™.
The key elements of the collaboration are as follows:
.
GSK Consumer Healthcare acquires exclusive ownership of Quell technology for markets outside the U.S.
.
NeuroMetrix retains exclusive ownership of Quell technology in the U.S. market.
.
GSK Consumer Healthcare and NeuroMetrix to co-fund development of Quell technology for a three-year period beginning in 2018 through 2020, with subsequent annual renewals by mutual agreement.
.
GSK Consumer Healthcare to pay NeuroMetrix $5M for the assets relating to Quell technology for markets outside the U.S and up to $21.5M, upon the achievement of certain development and commercialization milestones.
"We are excited by the opportunity to partner with GSK Consumer Healthcare to expand access to Quell technology among chronic pain sufferers around the world. GSK Consumer Healthcare is a world leader in over-the-counter pain relief, with several top global brands", said Shai N. Gozani, M.D., Ph.D., President and Chief Executive Officer of NeuroMetrix. "We will continue to focus on building Quell into a leading U.S. consumer healthcare brand while collaborating with GSK on Quell product development and supporting their international commercialization efforts. We believe that GSK is our ideal Quell partner as we share a deep commitment to science-based therapies and to the health and quality of life of our customers".
Canaccord Genuity acted as financial advisor to NeuroMetrix in the transaction.
About Quell
Quell is an advanced, wearable technology for treating chronic pain. It can be worn during the day while active and at night while sleeping. Quell is drug-free and has been cleared by the FDA for treatment of chronic pain without a prescription. Quell users can personalize and manage therapy discreetly via the Quell app. Quell also offers health tracking relevant to chronic pain sufferers including pain, sleep, activity, and gait. Quell users can synchronize their data with the Quell Health Cloud, which provides customized feedback and powers one of the world's largest chronic pain databases. Quell is available online and through select retailers. Visit QuellRelief.com for more information.
About GSK
GSK - a science-led global healthcare company with a special purpose: to help people do more, feel better, live longer. For further information please visit www.gsk.com
About NeuroMetrix
NeuroMetrix is an innovation driven healthcare company combining neurostimulation and digital medicine to address chronic health conditions including chronic pain, sleep disorders, and diabetes. The company's lead product is Quell, an over-the-counter wearable therapeutic device for chronic pain. The company also markets DPNCheck®, a rapid point-of-care test for diabetic neuropathy, which is the most common long-term complication of Type 2 diabetes. For more information, please visit NeuroMetrix.com.
Safe Harbor Statement
The statements contained in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements regarding the Company's expectations regarding the business and the anticipated milestones under the agreements entered into with GSK Consumer Healthcare, as well as events that could have a meaningful impact on the Company's revenues and cash resources. While the Company believes the forward-looking statements contained in this press release are accurate, there are a number of factors that could cause actual events or results to differ materially from those indicated by such forward-looking statements, including, without limitation, estimates of future performance, and the ability to successfully develop, receive regulatory clearance, commercialize and achieve market acceptance for any products. There can be no assurance that future developments will be those that the Company has anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in the company's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, as well as other documents that may be filed from time to time with the Securities and Exchange Commission or otherwise made public. The company is providing the information in this press release only as of the date hereof, and expressly disclaims any intent or obligation to update the information included in this press release or revise any forward-looking statements.
Source: NeuroMetrix, Inc.
NeuroMetrix, Inc.
Thomas T. Higgins, 781-314-2761
SVP and Chief Financial Officer
neurometrix.ir@neurometrix.com

text: NeuroMetrix

text: GlaxoSmithKline

text: NeuroMetrix

text: GlaxoSmithKline

text: NeuroMetrix

text: NeuroMetrix

text: NeuroMetrix

text: NeuroMetrix

text: Canaccord Genuity

text: NeuroMetrix

text: NeuroMetrix

text: NeuroMetrix

text: NeuroMetrix

text: NeuroMetrix


text:
EX-99.1
3
p71160exv99w1.htm
EX-99.1
exv99w1
Exhibit 99.1
NEWS RELEASE: Sept. 7, 2005
Contact:
Heather Beshears
Vice President,
Corporate Communications
InPlay Technologies, Inc.
Tel: 480.586.3357
Heather@InPlayTechnologies.com
InPlay Technologies Completes Acquisition of FinePoint Innovations
Developer of patented digital computing pen technology becomes wholly owned subsidiary
PHOENIX, Ariz. (Sept. 7, 2005)
- InPlay Technologies (NASDAQ: NPLA) announced today that it
has completed the acquisition of privately held FinePoint Innovations, a developer of patented
digital computing pen solutions for tablet PCs. InPlay issued 567,111 shares of restricted common
stock to shareholders of FinePoint, and may be required to issue additional shares of restricted
common stock and cash upon FinePoint's achievement of at least $3.2 million of accumulated EBIT
(earnings before interest and taxes) through December 2007.
"We are pleased to bring FinePoint on as an InPlay technology", said Bob Brilon, CEO, InPlay
Technologies. "We were looking for innovative technologies in emerging growth markets. Our entry
point is just before commercialization or conversion to revenue. With its newly developed, leading
edge digital pen technology for the tablet PC market and a significant initial purchase order
moving forward this year, FinePoint fits well with our model".
"We have begun delivery on an initial purchase order in excess of $1 million for a major computer
OEM", added Stephen Caldwell, FinePoint Innovations president. "With that product hitting the
market over the next couple of months, we are focused on fulfilling the initial order and
anticipate follow-on orders from this OEM. We will also be taking this success to other tablet PC
OEMs to demonstrate how our digital technology offers improvements over traditional analog
technology".
FinePoint's digital computing pen technology consists of a digitizer and digital writing pen. The
pen is an active RF digital pen versus the typical analog pen used with most tablet PC systems.
Digital signaling enables very low power consumption, superior performance, and lower manufacturing
costs.
At closing, InPlay had provided funding of $160,000 plus interest in the form of convertible debt.
The amount of debt was converted at closing, reducing the initial shares issued from 600,000 to
567,111.
As part of the transaction, Stephen Caldwell has agreed to remain as president of FinePoint
Innovations for up to five years. Visit
www.finepointinnovations.com
for more information on the
MagicPoint digital pen-input solution.
About InPlay Technologies
InPlay Technologies markets and licenses proprietary emerging technologies. The InPlay business
model is to bring inventions to market by creating win-win relationships for the inventors and
manufacturers through InPlay Technologies. The company was founded to commercialize its internally
developed Duraswitch electronic switch technologies and has executed license agreements with switch
manufacturers and OEMs worldwide. Duraswitch patented technologies are in the controls of a wide
range of commercial and industrial applications. InPlay Technologies is focused on building on the
Duraswitch foundation and leveraging its licensing model with additional, innovative technologies.
Visit
www.inplaytechnologies.com
for more information.
This news release contains certain "forward-looking statements" within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended.
These forward-looking statements include, but are not limited to, statements regarding our
assessment of the potential for the FinePoint computing pen technology, commercial acceptance of
FinePoint's technology in the tablet PC and other markets and the potential for follow-on orders
from a major computer OEM. Risks and uncertainties that could cause results to differ materially
from those projected include the inability to gain commercial acceptance in consumer and commercial
applications, loss of the purchase order from the major computer OEM, unforeseen difficulties in
manufacturing and delivery of FinePoint's product and other uncertainties described from time to
time in InPlay's documents filed with the Securities and Exchange Commission, including its Annual
Report on Form 10-KSB for the year ended December 31, 2004. These forward-looking statements
represent InPlay's beliefs as of the date of the press release and InPlay disclaims any intent or
obligation to update these forward-looking statements.
# # #

text: Heather Beshears

text: InPlay Technologies, Inc.

text: InPlay Technologies

text: FinePoint Innovations

text: InPlay Technologies

text: FinePoint Innovations

text: FinePoint

text: FinePoint

text: FinePoint

text: Bob Brilon

text:
InPlay
Technologies

text: FinePoint

text: FinePoint Innovations

text: FinePoint

text:
FinePoint
Innovations

text: InPlay Technologies

text: InPlay Technologies

text: InPlay Technologies

text: InPlay Technologies

text: FinePoint

text: FinePoint

text: FinePoint


text:
EX-99.1
4
v086891_ex99-1.htm
August
29, 2007
MEDIA
AND INVESTOR RELATIONS CONTACT:
Karen
L. Taylor
Phone:
303/633-2913
24-Hour:
303/809-9160
DCP
MIDSTREAM AND DCP MIDSTREAM PARTNERS COMPLETE ACQUISITIONS
·
DCP
Midstream purchases Momentum Energy Group Inc. (MEG) for $635
million
·
DCP
Midstream Partners purchases certain MEG assets from general partner
for
$165 million
DENVER
-
DCP Midstream, LLC, or DCP Midstream, has completed its previously announced
acquisition of the stock of MEG for $635 million, subject to closing
adjustments. MEG is a portfolio company of investment firms including Yorktown
Energy Partners LLC, Banc of America Capital Investors and Lehman Brothers
MLP
Partners, L.P. In a separate transaction, DCP Midstream Partners (NYSE: DPM),
or
the Partnership, completed its previously announced acquisition of certain
subsidiaries of MEG from DCP Midstream for $165 million, subject to closing
adjustments. DCP Midstream owns the general partner of the Partnership. These
transactions mark the combined enterprise's entry into three prominent producing
basins: Fort Worth, Piceance and Powder River.
"This
acquisition exemplifies our commitment to grow our gathering and processing
footprint by entering three prominent producing basins", said William Easter
III, chairman, president and CEO of DCP Midstream. "We foresee future
opportunities to deploy growth capital in these new basins and look forward
to
partnering with the producers in these basins to provide the necessary
infrastructure and services to link them to the market." Mark Borer, president
and CEO of the Partnership, added "With the close of this transaction, the
Partnership has executed over $625 million in acquisitions since April 1, 2007.
We are pleased to enter these growth basins, diversify our business portfolio,
and to provide immediate accretion to our distributable cash flow. Our ability
to jointly pursue growth opportunities with DCP Midstream is a competitive
advantage for the Partnership".
DCP
Midstream will retain the MEG assets in the Fort Worth Basin which include
the
150-mile Tolar system. This system gathers and processes natural gas produced
from the prolific Barnett Shale formation, serving over 300,000 dedicated acres
in Parker, Hood, Erath, Palo Pinto and Somervell counties in Texas. Both the
gathering system and existing processing capacity of 80 million cubic feet
per
day (MMCFD) are being expanded to accommodate increased drilling including
construction of the new Black Diamond plant.
DCP
Midstream financed the acquisition with debt. Merrill Lynch & Co. acted as
exclusive financial advisor to DCP Midstream on the acquisition and Lehman
Brothers Inc. acted as exclusive financial advisor to MEG.
The
Partnership purchased the Piceance Basin and Powder River Basin assets of MEG
from DCP Midstream. The Piceance Basin assets consist of a 70 percent operating
interest in the 31-mile Collbran Valley Gas Gathering system joint venture,
which gathers and processes natural gas from over 20,000 dedicated acres in
western Colorado. The processing facility capacity is currently being expanded
from 60 MMcfd to 120 MMcfd. The other partners in the joint venture, Plains
Exploration and Delta Petroleum, are also the producers on the system. The
Powder River Basin assets include the 1,324-mile Douglas gas gathering system,
which gathers approximately 30 MMcfd of gas and covers more than 4,000 square
miles in Wyoming. Also included in the transaction is the idle Painter Unit
fractionator and Millis terminal, and associated NGL pipelines currently leased
to a third party in southwest Wyoming. DCP Midstream will manage and operate
these assets on the Partnership's behalf.
The
Partnership financed the acquisition from DCP Midstream with a combination
of
equity, debt and cash on hand.
DCP
Midstream, LLC, headquartered in Denver, Colorado, is one of the nation's
largest natural gas gatherers and processors, and one of the largest
natural gas liquids (NGLs) producers and NGL marketers. DCP Midstream
operates in 16 states across the five largest natural gas producing regions
in
the United States. DCP Midstream is a 50:50 joint venture between Spectra
Energy and ConocoPhillips. For
more information, visit the DCP Midstream Web site at www.dcpmidstream.com.
DCP
Midstream Partners, LP (NYSE: DPM) is a midstream master limited partnership
that gathers, processes, transports and markets natural gas and natural gas
liquids and is a leading wholesale distributor of propane. DCP Midstream
Partners, LP is managed
by its
general partner, DCP Midstream GP, LLC, which is wholly owned by DCP Midstream,
LLC, a joint venture between Spectra Energy and ConocoPhillips. For more
information, visit the DCP Midstream Partners, LP Web site at http://www.dcppartners.com.
-more-
-
2
-
This press release may contain or incorporate by reference
forward-looking statements as defined under the federal securities laws
regarding DCP Midstream Partners, LP, including projections, estimates,
forecasts, plans and objectives. Although management believes that expectations
reflected in such forward-looking statements are reasonable, no assurance can
be
given that such expectations will prove to be correct. In addition, these
statements are subject to certain risks, uncertainties and other assumptions
that are difficult to predict and may be beyond our control. If one or more
of
these risks or uncertainties materialize, or if underlying assumptions prove
incorrect, the Partnership's actual results may vary materially from what
management anticipated, estimated, projected or expected. Among the key risk
factors that may have a direct bearing on the Partnership's results of
operations and financial condition are:
·
the
level and success of natural gas drilling around our assets and our
ability to connect supplies to our gathering and processing systems
in
light of competition;
·
our
ability to grow through acquisitions, asset contributions from our
parents, or organic growth projects, and the successful integration
and
future performance of such assets;
·
our
ability to access the debt and equity
markets;
·
fluctuations
in oil, natural gas, propane and other NGL prices; our ability to purchase
propane from our principal suppliers for our wholesale propane logistics
business; and
·
the
credit worthiness of counterparties to our transactions.
Investors
are encouraged to closely consider the disclosures and risk factors contained
in
the Partnership's annual and quarterly reports filed from time to time with the
Securities and Exchange Commission. The Partnership undertakes no obligation
to
publicly update or revise any forward-looking statements, whether as a result
of
new information, future events or otherwise. Information contained in this
press
release is unaudited, and is subject to change.
###

text:
DCP
MIDSTREAM

text: DCP MIDSTREAM PARTNERS

override: organization

text:
DCP
Midstream

text: Momentum Energy Group Inc.

text:
DCP
Midstream Partners

text: DCP Midstream, LLC

text: DCP Midstream

label: fund

text:
Yorktown
Energy Partners LLC

text: Banc of America Capital Investors

text:
Lehman Brothers
MLP
Partners, L.P.

text: DCP Midstream Partners

text: DCP Midstream

text: DCP Midstream

text:
William Easter
III

text: DCP Midstream

text: Mark Borer

text: DCP Midstream

text:
DCP
Midstream

text:
DCP
Midstream

text: Merrill Lynch & Co.

text: DCP Midstream

text:
Lehman
Brothers Inc.

text: DCP Midstream

text: DCP Midstream

text: DCP Midstream

text:
DCP
Midstream, LLC

text: DCP Midstream

text: DCP Midstream

text: DCP Midstream

text:
DCP
Midstream Partners

text:
DCP Midstream
Partners

text: DCP Midstream

text:
DCP Midstream,
LLC

text: DCP Midstream Partners

text: DCP Midstream Partners


text:
EX-99.1
4
ex_293158.htm
EXHIBIT 99.1
ex_293158.htm
Exhibit 99.1
PRESS RELEASE
FOR IMMEDIATE RELEASE
October 20, 2021
BUTLER NATIONAL ACQUIRES ALL EQUITY INTEREST OF
BOOT HLL CASINO MANAGER
Butler National subsidiary Butler National Service Corporation acquired all interest
in Boot Hill Casino Manager, BHCMC, LLC
OLATHE, KANSAS, October 20, 2021,
- Butler National Corporation (OTCQB: BUKS) a recognized provider of professional management services in the gaming industry, announces its subsidiary, Butler National Service Corporation (BNSC) closed on the purchase of the minority equity ownership interest in BHCMC, LLC, (BHCMC) that results in BNSC being the sole owner of BHCMC, manager of the Boot Hill Casino & Resort.
BNSC purchased the 2,000 Class A Preferred Membership Units from BHC Investment Company, LC for approximately $16.4 million including an allocation for taxes. The Sale and Purchase of the Preferred Units in BHCMC, LLC makes BNSC the sole owner/member of BHCMC.
The purchase of the BHC Investment Company, LC interest was funded from company funds and $8.0 million of commercial bank debt. The purchase transaction was approved by Kansas Racing and Gaming Commission on October 15, 2021, with an effective date for the ownership transfer of August 1, 2021 and a closing date of October 18, 2021.
The ownership of 100% of the equity combined with the December 2020 Building and Land purchase provide significant long-term benefits for BHCMC and BNSC. These strategic transactions allow BHCMC to continue to grow with future development opportunities. This equity purchase provides a clear path forward to achieve the mutual goals of BHCMC, BNSC, and the State of Kansas and ultimately benefit the shareholders of Butler National Corporation.
Clark Stewart, President and CEO of Butler National said, "We have worked diligently to reach our goal of owning all the equity of the Boot Hill Casino manager, BHCMC. The sole Butler ownership of BHCMC achieves a significant milestone for all Butler National shareholders. We appreciate the advice, assistance and participation of our business partner, BHC Investment Company, LC. They were essential in the development of the Boot Hill Casino and casino gaming in Kansas".
Our Business:
Butler National Corporation operates in the Aerospace and Services business segments. The Aerospace Products segment includes the manufacture, sale and service of electronic equipment and systems and technologies to enhance and support products related to aircraft. Additionally, we also operate several Federal Aviation Administration (the "FAA") Repair Stations. Companies in Aerospace Products concentrate on Learjets, Beechcraft King Air, Cessna turbine engine, Cessna multi-engine piston and Dassault Falcon 20 aircraft. Specifically, the design, distribution and support for products for older aircraft, or "Classic" aircraft are areas of focus for companies in Aerospace Products. Services include temporary employee services, gaming services and administrative management services.
Forward-Looking Information:
Statements made in this report, other reports and proxy statements filed with the Securities and Exchange Commission, communications to stockholders, press releases, and oral statements made by representatives of the Company that are not historical in nature, or that state the Company or management intentions, hopes, beliefs, expectations or predictions of the future, may constitute "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements can often be identified by the use of forward-looking terminology, such as "could", "should", "will", "intended", "continue", "believe", "may", "expect", "hope", "anticipate", "goal", "forecast", "plan", "guidance" or "estimate" or the negative of these words, variations thereof or similar expressions. Forward-looking statements are not guarantees of future performance or results. They involve risks, uncertainties, and assumptions. It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1A of the Company's Annual Report on Form 10-K, incorporated herein by reference. Risk Factors and elsewhere herein or in other reports filed with the SEC. Other unforeseen factors not identified herein could also have such an effect. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial condition or business over time.
FOR MORE INFORMATION, CONTACT:
David Drewitz, Public Relations
david@creativeoptionscommunications.com
www.creativeoptionscommunications.com
Butler National Corporation Investor Relations
Ph (972) 814-5723
Ph (913) 780-9595
THE WORLDWIDE WEB:
Please review www.butlernational.com for pictures of our products and details about Butler National Corporation and its subsidiaries.

text: BUTLER NATIONAL

text: BOOT HLL CASINO MANAGER

text: Butler National

text: Butler National

text: Boot Hill Casino Manager, BHCMC, LLC

text: Butler National Corporation

text: Butler National

text: BNSC

text: BHCMC, LLC

text: BNSC

text: Boot Hill Casino & Resort

text: BNSC

text: BHC Investment Company, LC

text: BHCMC, LLC

text: BNSC

text: BHC Investment Company, LC

text: BNSC

text: BNSC

text: Butler National Corporation

text: Clark Stewart

text: Butler National

text: Butler National

text: BHC Investment Company, LC

text: Butler National Corporation

text: Butler National Corporation

text: Butler National Corporation


text:
EX-99.1
3
ex99-1.htm
Eco
Building Products, Inc. Forms Subsidiary to Align with Industry Partners
Eco's
subsidiary,
Wood Protection Technologies, Inc
. will operationalize future agreements
with
joint venture partners and exclusive licensees.
San
Diego, CA - February 9, 2017 -
Eco Building Products, Inc., (PINK: ECOB) announced today that it has formed a
new subsidiary, Wood Protection Technologies, Inc., to position the Company's intellectual property for alignment with major
Industry partners and to attract new, more efficient, lower cost capital.
"We
have entered into discussions with potential joint venture partners as well as potential exclusive licensees for our Eco D-Fence™,
Eco Red Shield™ line of products as well as our new FRC EWP™ fire retardant and are very excited to announce our new
subsidiary as an excellent way to operationalize these new relationships and thereby monetize the IP", said Tom Comery,
Eco's CEO.
"We
have been very deliberate and methodical in repositioning the Company as a developer of new and disruptive, environmentally friendly
wood protection chemistry. Having first announced the new strategy and direction early last year, we now have two patents pending
as well as a new breakthrough in OSB fire retardant", commented Eco's CEO, Tom Comery.
"A
natural next step in the strategy is to position our IP so that it can attract the industry partners necessary to maximize its
full potential. Over the course of the past four months, we have advanced discussions, in depth, with multiple, major industry
leaders that can bring distribution, capital and other resources to bear on what we all believe are extremely important new products".
Eco
will own 95% of the subsidiary which will have a separate board of directors and governance. Eco's CEO, Tom Comery, will
become CEO for both entities.
About
Eco Building Products, Inc.
Eco
Building Products, Inc. (Eco) is a manufacturer of proprietary, environmentally conscientious chemistry utilizing patent pending
ECOB WoodSurfaceFilm™ and FRC™ technology (Fire Retardant Coating). Eco's products protect against fire, mold/mycotoxins,
fungal-decay, wood ingesting insects and termites. Eco is headquartered in San Diego, CA and goes to market through licensed Affiliates
nationwide.
Safe
Harbor Statement: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "believes,"
"expects", "intends", "plans", "anticipates", or "may", and similar
conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to
the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action,
event or development, are forward-looking statements. Forward looking statements involve known and unknown risks and uncertainties,
which may cause the Company's actual results in future periods to be materially different from any future performance that
may be suggested in this release. ECOB takes no obligation to update or correct forward-looking statements, and also takes no
obligation to update or correct information prepared by third parties.
Company
Contact
Eco
Building Products, Inc.
Phone:
1 (858.780.4747)
Email:
info@ecob.net
Web
Site:
www.ecob.net

text:
Eco
Building Products, Inc.

text: Eco Building Products, Inc.

text: Wood Protection Technologies, Inc.

text: Eco Building Products, Inc.

text:
Eco
Building Products, Inc.

text:
Eco
Building Products, Inc.


text:
EX-99
5
sept302004form8kex991.txt
EXHIBIT 99.1
Secured Digital Applications, Inc. Completes Acquisition of
Majority Ownership of Gallant IT Group
NEW YORK--(BUSINESS WIRE)--September 29 2004--Secured Digital Applications, Inc.
(OTCBB: SDGL) www.digitalapps.net today announced that on September 29, 2004, it
had completed the acquisition of a 56% controlling interest in Gallant IT
Holdings (M) Sdn Bhd (www.gallant-it.com.my), a leading Malaysian provider of
information technology products and services and one of the country's major
distributors of Apple computers. On September 22, 2004, Secured Digital
announced that it had entered into a definitive agreement to acquire this
majority stake.
The purchase price for the acquisition was $658,000. Following Secured Digital's
investment in the Gallant IT Group, Gallant Zone (M) Sdn Bhd, Gallant Focus Sdn
Bhd and Gallant IT Distribution Sdn Bhd will become wholly-owned subsidiaries of
Gallant IT Holdings Sdn Bhd. Secured Digital has also appointed Patrick Lim,
Valerie Looi and Mustaffa Yacob as additional directors in addition to the two
incumbent directors on the board of Gallant IT Holdings Sdn Bhd and its
subsidiaries.
To further strengthen and streamline the operations of Gallant, Secured Digital
will relocate immediately Gallant's Apple repair and distribution center from
the Mid-Valley Megamall, Kuala Lumpur, to Secured Digital's facility in Petaling
Jaya, Selangor, Malaysia.
About Secured Digital Applications:
Secured Digital Applications, Inc. (formerly known as Digital Broadband
Networks, Inc.) and its subsidiaries are involved in the development,
integration and provision of secured shipping and supply chain management
service, sale of biometrics security systems and the development of Web based
interactive multimedia content. The group is also involved in the sale of the
EyStar SmartHome Console, broadband modems and IP cameras. For more information,
please visit www.digitalapps.net and www.eystar.com.
Safe Harbor Statement:
Information contained herein contains forward-looking statements and information
that are based upon beliefs of, and information currently available to,
management, as well as estimates and assumptions made by management.
Forward-looking statements can be identified by the use of forward-looking
terminology such as "believes", "expects", "is expected", "intends", "may",
"will", "should", "anticipates", "plans" or the negative thereof. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that could cause actual results to vary materially from historical
results or from any future results expressed or implied in such forward-looking
statements. Secured Digital Applications, Inc. does not undertake to update,
revise or correct any forward-looking statements. Investors are cautioned that
current results are
not necessarily indicative of future results, and actual
results may differ from projected amounts. For more complete information
concerning factors which could affect the Company's results, reference is made
to the Company's registration statements, reports and other documents filed with
the Securities and Exchange Commission. Investors should carefully consider the
preceding information before making an investment in the common stock of the
Company.
L.G. Zangani, LLC provides financial public relations service to the Company, As
such L.G. Zangani, LLC and/or its officers, agents and employees, receives
remuneration for public relations and or other services in the form of moneys,
capital stock in the Company, warrants or options to purchase capital in the
Company.
Contact
Valerie Looi
Secured Digital Applications, Inc.
Phone: 011 (603) 7955 4582
e-mail: valerie.looi@digitalapps.net
Leonardo Zangani
L.G. Zangani LLC
Phone: (908) 7889660
e-mail: leonardo@zangani.com

text: Secured Digital Applications, Inc.

text: Gallant IT Group

text: Secured Digital Applications, Inc.

text: Gallant IT

text: Secured Digital

text: Secured Digital

text: Gallant IT Group

text: Gallant IT

text: Gallant IT

text: Secured Digital

text: Gallant IT

text: Secured Digital

text: Secured Digital

text: Secured Digital Applications, Inc.

text: Secured Digital Applications, Inc.

text: Secured Digital Applications, Inc.


text:
EX-99.1
2
a991realestatepressrelease.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
4300 Wildwood Parkway
Atlanta, GA 30339
1-888-502-BLUE
www.BlueLinxCo.com
BlueLinx Contact Information:
Susan O'Farrell, SVP, CFO & Treasurer
Natalie Poulos, Investor Relations
BlueLinx Holdings Inc.
BlueLinx Holdings Inc.
(770) 953-7000
(866) 671-5138
investor@bluelinxco.com
FOR IMMEDIATE RELEASE
BlueLinx Announces Repayment of $98 Million CMBS Mortgage
- Enters into sale-leaseback transaction on four properties -
ATLANTA, GA - January 10, 2018 - BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, announced today the Company has paid off the remaining principal on its 2006 CMBS mortgage of approximately $98 million. The payment was funded through long-term sale leaseback transactions on four properties owned by the Company, which provided $110 million in aggregate sale proceeds. The Company will operate these locations under long-term leases, and after the transaction, the Company will continue to own 33 facilities in the United States.
"We are very pleased that over the last four months we have both replaced our ABL and paid the principal of our legacy mortgage while continuing our mission to delever BlueLinx. The Company's portfolio of owned real estate continues to provide financial strength as a source of liquidity for additional debt reduction and operational and strategic opportunities in the future", said Mitch Lewis, President and CEO.
Shyam Reddy, Chief Administrative Officer, responsible for the Company's real estate activity, added "We appreciate the support of our CMBS lenders through the transformation of BlueLinx over the last two years. We continue to engage in discussions regarding additional opportunities to monetize our real estate and will assess these transactions in light of our capital requirements and strategic initiatives".
About BlueLinx Holdings Inc.
BlueLinx Holdings Inc., operating through its wholly-owned subsidiary BlueLinx Corporation, is a leading distributor of building and industrial products in the United States. The Company is headquartered in Atlanta, Georgia and operates its distribution business through a broad network of distribution centers. BlueLinx is traded on the New York Stock Exchange under the symbol BXC. Additional information about BlueLinx can be found on its website at www.BlueLinxCo.com.
Forward-looking Statements
This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to profitability, and our guidance regarding anticipated financial results. All of these forward-looking statements are based on estimates and assumptions made by our management that, although believed by BlueLinx to be reasonable, are inherently uncertain. Forward-looking statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental, and technological factors outside of BlueLinx's control that may cause its business, strategy or actual results to differ materially from the forward-looking statements. These risks and uncertainties may include, among other things: changes in the prices, supply and/or demand for products that it distributes, inventory management and commodities pricing; new housing starts and inventory levels of existing homes for sale; general economic and business conditions in the United States; acceptance by our customers of our privately branded products; financial condition and creditworthiness of our customers; supply from our key vendors; reliability of the technologies we utilize; the activities of competitors; changes in significant operating
expenses; fuel costs; risk of losses associated with accidents; exposure to product liability claims; changes in the availability of capital and interest rates; adverse weather patterns or conditions; acts of cyber intrusion; variations in the performance of the financial markets, including the credit markets; and other factors described in the "Risk Factors" section in the Company's Annual Report on Form 10-K for the year ended December 31, 2016, its Quarterly Reports on Form 10-Q, and in its periodic reports filed with the Securities and Exchange Commission from time to time. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. BlueLinx undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events, and changes in expectations or otherwise, except as required by law.

text: BlueLinx Holdings Inc.

text: BlueLinx Holdings Inc.

text: BlueLinx Holdings Inc.

text: Mitch Lewis

text: BlueLinx Holdings Inc.

text: BlueLinx Holdings Inc.


text:
EX-99.1
2
psbclosing01-16x18final.htm
EXHIBIT 99.1
Exhibit
FOR IMMEDIATE RELEASE
January 16, 2018
HERITAGE FINANCIAL CORPORATION ANNOUNCES
COMPLETION OF ACQUISITION OF PUGET SOUND BANCORP
Olympia, WA / January 16, 2018 / PR Newswire / - (NASDAQ:HFWA) Heritage Financial Corporation ("Heritage"), the parent company of Heritage Bank, announced that effective January 16, 2018, it completed its previously announced acquisition of Puget Sound Bancorp, Inc. ("Puget Sound"), Bellevue, Washington and the merger of Puget Sound Bank, the bank subsidiary of Puget Sound, into Heritage Bank.
Brian L. Vance, Chief Executive Officer of Heritage and Heritage Bank, stated, "We are fortunate to have the opportunity to partner with Puget Sound Bank, located in Bellevue, Washington, which is one of the fastest growing markets in the Northwest and expands our presence in King County. We are very pleased to welcome Puget Sound's customers and employees to Heritage Bank and look forward to continuing to provide quality services and opportunities to them".
Heritage will issue an aggregate of 4,112,347 shares of its common stock in the transaction. Under the terms of the merger agreement, the exchange ratio has been computed based on the closing prices of Heritage's common stock for a period prior to closing and as a result shareholders of Puget Sound immediately prior to the merger will receive 1.1688 shares of Heritage's common stock with cash to be paid in lieu of any fractional shares. Puget Sound shareholders will receive information shortly on how to exchange their Puget Sound shares for Heritage shares.
"We are also pleased to welcome Stephen A. Dennis to the Boards of Directors of Heritage and Heritage Bank", said Brian Charneski, Chairman of the Boards. "He was a founding member of the Puget Sound Board of Directors and has extensive leadership experience and business acumen. He is also actively involved in the community and appreciates the importance of community banking relationships. Mr. Dennis received his undergraduate degree in construction management from the University of Washington and an MBA from the University of Colorado".
About Heritage
Heritage Financial Corporation is an Olympia-based bank holding company with Heritage Bank, a full-service commercial bank, as its sole wholly-owned banking subsidiary. Heritage Bank has a branching network of 60 banking offices in Washington and Oregon. Heritage Bank also does business under the Central Valley Bank name in the Yakima and Kittitas counties of Washington and under the Whidbey Island Bank name on Whidbey Island. Heritage's stock is traded on the NASDAQ Global Select Market under the symbol "HFWA". More information about Heritage Financial Corporation can be found on its website at www.hf-wa.com and more information about Heritage Bank can be found on its website at www.heritagebanknw.com.
Note Regarding Forward Looking Statements
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as "may", "expected", "anticipate", "continue", or other comparable words. In addition, all statements other than statements of historical facts that address activities that Heritage expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to read the Securities and Exchange Commission reports of Heritage Financial Corporation, particularly the Form S-4 and its Form 10-K for the year ended December 31, 2016, for meaningful cautionary language discussing why actual results may vary materially from those anticipated by management. Specific risks in this press release include among other things: the expected cost savings, synergies and other financial benefits from the merger with Puget Sound might not be realized within the expected time frames or at all, and costs or difficulties relating to integration matters might be greater than expected.
Contact
Brian L. Vance, Chief Executive Officer, (360) 943-1500

text:
2018
HERITAGE FINANCIAL CORPORATION

text: PUGET SOUND BANCORP

text: Heritage Financial Corporation

text: Puget Sound Bancorp, Inc.

text: Brian L. Vance

text: Brian Charneski

text: Heritage Financial Corporation

text: Heritage Financial Corporation

text: Heritage Financial Corporation

text: Brian L. Vance


text:
EX-99.1
3
ex_99-1.htm
PRESS RELEASE ANNOUNCING THE EXECUTION OF A DEFINITIVE AGREEMENT WITH LORETO
ex_99-1.htm
ALCANTARA BRANDS (ACBR)- Announces Execution of Definitive Agreement with Loreto SAC
Las Vegas, Nevada - Alcantara Brands, (OTCBB:ACBR) announced today that it has executed a definitive agreement with Loreto SAC ("Loreto"), a Peruvian corporation to Merge into Alcantara Brands as a wholly owned subsidiary.
The Merger with Loreto, will provide Alcantara Brands with the ownership of 100% of Loreto, a privately-held Peruvian company that owns and has access to large tracts of forest land, located in Peru, with high inventories of hard and medium-hard wood trees that are in high demand in China and other markets. Loreto has received government
approval to operate a 24,000 acre, 40-year-renewable forest land concession in Peru.
Under the terms of the Definitive Agreement, Alcantara Brands will, at closing, issue three million shares of its common stock, in exchange for 100% of Loreto.
Carlos Alcantara, spokesman for, and the founder of Alcantara Brands, indicated that, "the acquisition of Loreto was the result of the company's relational contacts in Peru and upon completion of the Merger, will acquire the rights to various wood purchase orders from Chinese customers totaling in excess of $10 Million in lumber
orders for delivery in the second half of 2009".
Alcantara Brands cautions investors in acquiring stock in the company as the result of the above transactions, as the definitive agreement contains material conditions yet to be completed, such as the completion of audited financial statements of Loreto.
Forward-Looking Statement: The statements in this press release regarding any implied or perceived benefits from the Merger with Loreto SAC and, plans to own and operate lumber concessions and any other effects resulting from any of the above are forward-looking statements. Such statements involve risks and uncertainties, including, but
not limited to, our ability to complete the Merger, the continued ownership and operation of lumber concessions, production of lumber for shipment, costs of operations, delays, and any other difficulties related to the production and exportation of lumber, continued maintenance of the operating business, price of lumber, marketing and sales of lumber, risks and effects of legal and administrative proceedings and governmental regulation, especially in a foreign country, future financial and operational results,
competition, general economic conditions, and the ability to manage and continue growth.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and
those set forth in reports or documents we file from time to time with the SEC. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contact:
Carlos Alcantara - Alcantara Brands
(702) 425-5758

text: LORETO

text: ALCANTARA BRANDS

text: Loreto SAC

text: Alcantara Brands

text: Loreto SAC

text: Loreto

text: Alcantara Brands

text: Loreto

text: Alcantara Brands

text: Loreto

text: Loreto

text: Alcantara Brands

text: Loreto

text: Alcantara Brands

text: Loreto

text: Alcantara Brands

text: Loreto

text: Loreto SAC

text: Alcantara Brands


text:
EX-99.1
3
tv497868_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
EXL closes the acquisition of SCIOInspire
Holdings, Inc. Bolstering its Healthcare Analytics practice adding leading payment integrity and population risk management capabilities
NEW
YORK, July 2, 2018
- EXLService Holdings, Inc. (NASDAQ:
EXLS), a leading operations management and analytics company, announces
that
on
July 1 it closed the acquisition of SCIOInspire Holdings, Inc. ("SCIO"), a West Hartford Connecticut-based leading
healthcare analytics solution and services company (doing business as SCIO Health Analytics). The aggregate merger consideration
is $236.5 million, subject to certain post-closing adjustments.
Rohit Kapoor, EXL Vice Chairman and Chief Executive Officer
stated, "This acquisition broadens and accelerates EXL's market-leading advanced analytics and healthcare capabilities
which combine our data and domain expertise to provide healthcare organizations actionable insights, innovative solutions, optimal
outcomes and reduce our client's total cost of care".
"SCIO adds important elements to EXL's healthcare
growth strategy by complementing our capabilities to sell and deliver more complex clinical work and enlarge our payment integrity
services with a focus on fraud, waste and abuse across healthcare payers, pharmacy benefit managers, healthcare providers and life
sciences companies. The addition of SCIO's 1,100 employees to EXL's 2,000+ clinicians and 3,000+ data scientists worldwide
significantly increases our ability to scale to meet the needs of our healthcare clients".
EXL funded the purchase with available cash on hand and borrowing
from its credit facility.
About EXL
EXL (NASDAQ: EXLS) is a leading operations management and analytics
company that designs and enables agile, customer-centric operating models to help clients improve their revenue growth and profitability.
Our delivery model provides market-leading business outcomes using EXL's proprietary Business EXLerator Framework®,
cutting-edge analytics, digital transformation and domain expertise. At EXL, we look deeper to help companies improve global operations,
enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare,
banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York,
EXL has more than 27,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines),
Colombia, Australia and South Africa. For more information, visit
www.exlservice.com.
About SCIO
®
SCIO is a leading health analytics solution and services company
serving over 100 healthcare organizations representing over 130 million covered lives across the continuum including providers,
health plans, PBMs, employers, health services and global life sciences companies. Headquartered in West Hartford, Connecticut,
SCIO has more than 1,100 professionals in locations throughout the United States, the United Kingdom and India.
SCIO provides scalable predictive analytic solutions and services
that transform data into actionable insights, helping healthcare organizations identify opportunities and prescribe actions to
drive operational performance and address the healthcare waste epidemic while improving care quality. SCIO is dedicated to helping
our clients achieve outcomes and decrease total cost of care. For more information visit:
www.sciohealthanalytics.com
Continuing Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements. You should not place undue reliance on those statements because they
are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult
to predict and many of which are beyond EXL's control. Forward-looking statements include information concerning EXL's
possible or assumed future results of operations, including descriptions of its business strategy. These statements may include
words such as "may", "will", "should", "believe", "expect", "anticipate,"
"intend", "plan", "estimate" or similar expressions. These statements are based on assumptions
that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current
conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand
that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions.
Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many
factors could affect EXL's actual financial results or results of operations and could cause actual results to differ materially
from those in the forward-looking statements. These factors, which include our ability to successfully close and integrate strategic
acquisitions, are discussed in more detail in EXL's filings with the Securities and Exchange Commission, including EXL's
Annual Report on Form 10-K. These risks could cause actual results to differ materially from those implied by forward-looking statements
in this release. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date
on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how
they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by
federal securities laws.
Investor contact:
Steven N. Barlow
Vice President Investor Relations
212-624-5913
steven.barlow@exlservice.com
Media Contact - US:
Michael Sherrill
Vice President Marketing
646-419-0778
michael.sherrill@exlservice.com
Media Contact - India:
Shailendra Singh
Vice President Corporate Communications
98104-76075
Shailendra.singh@exlservice.com

text: EXL

text:
SCIOInspire
Holdings, Inc.

text: EXLService Holdings, Inc.

text: SCIOInspire Holdings, Inc.

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: EXL

text: Steven N. Barlow

text: Michael Sherrill

text: Shailendra Singh