text:
EX-99.1
10
dex991.htm
PRESS RELEASE ANNOUNCING THE ACQUISITION OF WELLSPRING PARTNERS LTD.
Press release announcing the acquisition of Wellspring Partners LTD.
Exhibit 99.1
FOR IMMEDIATE RELEASE
January 4, 2007
Huron Consulting Group Acquires Wellspring Partners LTD
CHICAGO - January 4, 2007 - Huron Consulting Group Inc. (NASDAQ: HURN), a leading provider of financial and operational consulting services, today
announced the acquisition of Wellspring Partners LTD, a leading management consulting firm specializing in integrated performance improvement services for hospitals and health systems.
"The healthcare industry faces many challenges, while growing at an unprecedented pace. Adding the talents of Wellspring's seasoned consultants and former hospital executives to Huron will expand our
national footprint in the healthcare provider space. This will make Huron's healthcare consulting group one of the largest and most experienced healthcare consulting practices in the country", said Gary E. Holdren, chairman and chief
executive officer, Huron Consulting Group.
"Together, Huron and Wellspring can provide a full complement of services to a wide spectrum of hospitals
and multi-hospital systems, from community hospitals to academic medical centers, to help these organizations achieve a position of financial strength and carry out their missions", said David M. Shade, principal and chief executive officer,
Wellspring Partners LTD.
Under the terms of the agreement, Huron has acquired Wellspring Partners LTD for a purchase price of approximately $65 million in
cash. Additional purchase consideration is payable in cash if specific performance targets are met. Wellspring had unaudited 2006 calendar year revenues of approximately $55 million. Huron expects that the acquisition will be accretive to 2007
earnings and will provide guidance updates when it releases results for the fourth quarter and full year 2006.
Founded in 1999, Wellspring Partners'
services include performance improvement consulting, hospital turnarounds, merger/affiliation strategies, labor productivity, non-labor cost management, information technology, revenue cycle improvement, physician practice management, interim
management, clinical quality and medical management, and governance and board development. Wellspring has completed engagements for more than 150 hospitals and health systems during the past seven years, including some of the largest and most
prominent in the U.S. Wellspring will bring a team of approximately 65 revenue-generating professionals to Huron and maintains a network of 200 contractor specialists to focus on the unique needs of clients.
In joining Huron, Shade will lead Huron's Healthcare practice. In addition, Laurence Abramson, Joseph J. Alfirevic, Stephen L. Furry, Janice James, Ramona G. Lacy,
Gordon J. Mountford, Manfred R. Steiner, John F. Tiscornia, and George W. Whetsell will join the Company as managing directors.
Huron's professionals
have worked with more than 80 of the 100 largest academic medical centers and research institutions. With the acquisition of Wellspring, Huron has broadened its service offerings to healthcare providers, payors, and academic institutions.
"The breadth of our service offerings and the depth of experience in our combined healthcare practices will solidify
our leadership in providing consulting services to hospitals and academic medical centers", said Holdren. "All the healthcare demographics in the next 30 years point to increased pressures and opportunities at hospitals and research
organizations. Huron is well positioned to help these institutions achieve their important societal mission".
In connection with this
acquisition and the acquisition of Glass & Associates, Inc. also announced today, Huron has amended its credit agreement so that the maximum amount of principal that may be borrowed under the unsecured revolving credit facility is increased
from $75 million to $130 million. No other key terms of the credit agreement, which was originally entered into on June 7, 2006 and expires on May 31, 2011, were modified under the amendment, and the balance of the credit
facility will remain available for future working capital requirements and other corporate purposes.
About Huron Consulting Group
Huron Consulting Group helps clients effectively address complex challenges that arise in litigation, disputes, investigations, regulatory compliance,
procurement, financial distress, and other sources of significant conflict or change. The Company also helps clients deliver superior customer and capital market performance through integrated strategic, operational, and organizational change. Huron
provides services to a wide variety of both financially sound and distressed organizations, including Fortune 500 companies, medium-sized businesses, leading academic institutions, healthcare organizations, and the law firms that represent these
various organizations. Learn more at
www.huronconsultinggroup.com
.
Statements in this press release, which are not historical in nature and
concern Huron Consulting Group's current expectations about the company's reported results for 2006 and future results in 2007 are "forward-looking" statements as defined in Section 21E of the Securities Exchange Act of 1934
and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by words such as "may", "should", "expects", "plans", "anticipates", "believes,"
"estimates", or "continue." These forward-looking statements reflect our current expectation about our future results, performance or achievements, including without limitation, that our business continues to grow at the current
expectations with respect to, among other factors, utilization and billing rates and number of consultants; that we are able to expand our service offerings through our existing consultants and new hires; that we successfully integrate the
businesses we acquire; and that existing market conditions do not change from current expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be
materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Therefore you should not place undue reliance on these forward-looking statements. Please see "Risk
Factors" in our Form 10-K and in other documents we file with the Securities and Exchange Commission for a complete description of the material risks we face.
Media Contact:
Jennifer Frost Hennagir
312-880-3260
jfrost-hennagir@huronconsultinggroup.com
Investor Contact:
Gary L. Burge, Chief Financial Officer
312-583-8722
garyburge@huronconsultinggroup.com
###

text: WELLSPRING PARTNERS LTD.

text: Wellspring Partners LTD.

text: Huron Consulting Group

text: Wellspring Partners LTD

text: Huron Consulting Group Inc.

text: Wellspring Partners LTD

text: Wellspring

text: Huron

text: Huron

text: Gary E. Holdren

text: Huron Consulting Group

text: Huron

text: Wellspring

text: David M. Shade

text: Wellspring Partners LTD.

text: Huron

text: Wellspring Partners LTD

text: Wellspring

text: Huron

text: Wellspring

text: Wellspring

text: Huron

text: Huron

text: Huron

text: Huron

text: Wellspring

text: Huron

text: Huron

text: Glass & Associates, Inc.

text: Huron

text: Huron Consulting Group

text: Huron Consulting Group

text: Huron

text: Huron Consulting Group

text: Gary L. Burge


dataset: buster

text:
EX-99.1
2
aat-ex9911.htm
EX-99.1
Document
American Assets Trust, Inc. Acquires Eastgate Office Park in Bellevue, Washington
Company Release - 7/7/21
SAN DIEGO -American Assets Trust, Inc. (NYSE: AAT) (the "Company") has successfully closed on the acquisition of Eastgate Office Park, consisting of an approximately 280,000 square foot, multi-tenant office campus in the premier I-90 corridor submarket of Bellevue, Washington.
Eastgate Office Park is currently greater than 95% leased to a diversified tenant base with a weighted average lease term of approximately 3 years with contractual lease rates that the Company views as below prevailing market rates for the submarket. Additionally, Eastgate Office Park recently obtained municipal approval for rezoning, increasing the floor area ratio from 0.5 to 1.0, which will allow for significant additional development opportunities.
The four-building property features unrivaled on-site amenities with a diverse rent roll of technology and professional services companies and features a campus-setting in a natural landscape with walking trails and immediate access to I-90.
"We are thrilled to further expand our presence in Bellevue, Washington and proud to add Eastgate Office Park to our portfolio of trophy assets", said Ernest Rady, the Company's Chief Executive Officer and President.
The purchase price of $125 million was paid with cash on hand.
About American Assets Trust, Inc.
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.7 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes. For additional information, please visit www.americanassetstrust.com.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may", "will", "should", "expects", "intends", "plans", "anticipates", "believes", "estimates", "predicts", or "potential" or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. While forward-looking statements reflect the company's good faith beliefs, assumptions and expectations, they are not guarantees of future performance. Currently, one of the most significant risk factors, is the potential adverse effect of the current COVID-19 pandemic on the financial condition, results of operations, cash flows and performance of the company, its tenants and guests, the real estate market and the global economy and financial markets. The extent to which COVID-19 impacts the company, its tenants and guests will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the pandemic, the actions taken to contain the pandemic or mitigate its impact, and the direct and indirect economic effects of the pandemic and containment measures, among others. For a further discussion of these and other factors that could cause the company's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in the company's most recent annual
report on Form 10-K, and other risks described in documents subsequently filed by the company from time to time with the Securities and Exchange Commission. The company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes.
Source: American Assets Trust, Inc.
Investor and Media Contact:
American Assets Trust
Robert F. Barton
Executive Vice President and Chief Financial Officer
858-350-2607

label: organization

text: American Assets Trust, Inc.

text: American Assets Trust, Inc.

label: person

text: Ernest Rady

text: American Assets Trust, Inc.

text: American Assets Trust, Inc.

text: American Assets Trust, Inc.

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
6
exhibit991_071012.htm
PRESS RELEASE
exhibit991_071012.htm
EXHIBIT 99.1
PRESS RELEASE
12200 NW Ambassador Dr.
.
Kansas City, MO 64163
816.270.4700
.
info@wirecoworldgroup.com
WireCo WorldGroup Completes Royal Lankhorst Euronete Acquisition
KANSAS CITY, Missouri - July 13, 2012 -
WireCo WorldGroup Inc. (WireCo), global leader in producing and marketing of wire rope, electromechanical cable and a major producer of wire products announced today that it has completed the acquisition of Koninklijke (Royal) Lankhorst Euronete Group B.V. ("Lankhorst/Euronete").
Lankhorst/Euronete holds a leading position in international markets for synthetic ropes, industrial yarns, netting, yachting products and recycled plastic products. In particular, its market position supporting the maritime, fishing and offshore markets provides a strategic fit with existing WireCo product lines. Following the purchase of Phillystran in 2009 and Oliveira in 2010, this acquisition completes the execution of WireCo's strategy to establish itself as a major market presence in the global synthetics marketplace.
Headquartered in the Netherlands, Lankhorst/Euronete employs over 1,300 people worldwide and operates manufacturing facilities in Portugal, Brazil and the Netherlands. Under the leadership of Jose Gramaxo, Lankhorst/Euronete has focused on building key businesses through innovation and targeted marketing efforts. As a combined organization, WireCo will now have industry leading capabilities in the engineering, design, and production of steel wire ropes and synthetic ropes. More information on Lankhorst/Euronete can be found at www.lankhorsteuronete.com.
WireCo CEO Ira Glazer commented, "We invested in this acquisition for two key reasons: it places WireCo as a market leader in synthetic ropes matching our position in value-added steel wire ropes and it provides WireCo with the most advanced products and technical expertise globally in synthetics. In addition, this acquisition continues to diversify our business mix by product, geography and end market. We are excited about the possibilities this combination of talent and products can deliver to the market".
Glazer also announced that Gramaxo will join the executive team of WireCo WorldGroup as Senior Vice President of Global Synthetics with responsibility for marketing and operations of WireCo's global synthetics businesses including Phillystran and Oliveira. Gramaxo stated, "By joining forces with WireCo, we have formed a dynamic combination of products and technical expertise that will provide market synergies for all the premium brands offered by the company. We are excited to join a world class organization like WireCo at this time and believe that we can create many opportunities by working together".
Other recent WireCo acquisitions include Drumet in 2011, CASAR in 2007 and Aceros Camesa in 2005.
Glazer believes all WireCo employees will benefit from the acquisition, adding "We have a track record of investing in what we buy. We will incorporate Lankhorst/Euronete into our global operations, which will create opportunities for all our employees to grow, including our new Lankhorst/Euronete colleagues".
WireCo is owned by investment funds managed by Paine and Partners, LLC, a private equity firm with offices in New York, Chicago and San Francisco.
About WireCo WorldGroup
WireCo® WorldGroup's products are recognized throughout the world and used in a wide range of market applications including oil and gas exploration, surface and underground mining, construction, and specialty lifting and suspension applications. WireCo® WorldGroup employs approximately 4,500 people and is headquartered in Kansas City, Missouri, with manufacturing plants, distribution facilities and sales offices in the U.S., Mexico, Germany, Portugal, Poland, South America, Africa, and Asia. WireCo® WorldGroup markets the brands of Union®, MacWhyte®, Casar®, Camesa®, Oliveira®, Wireline Works, Phillystran®, Drumet® and US Reel™ and is the only major wire rope manufacturer in the world to be API certified, Lloyd's Registered, QPL Qualified, AS9100 certified and ISO-9001 registered. For more information, visit
www.wirecoworldgroup.com
.
Paine & Partners, LLC
Paine & Partners provides equity capital for management buyouts, going private transactions, and company expansion and growth programs. Paine & Partners engages exclusively in friendly transactions developed in cooperation with a company's management, board of directors, and shareholders. For more information, visit painepartners.com.
Safe Harbor
Some of the statements in this release may constitute forward-looking statements. Such statements are based on management's current expectations and projections about future events that could be affected by numerous factors and are, therefore, subject to various risks and uncertainties that may cause actual results, outcomes of events, timing and performance to differ materially from those expressed or implied by such forward-looking statements. Readers are strongly encouraged to consider the following factors when evaluating any forward-looking statements concerning the Company: the general political, economic and competitive conditions in markets and countries where we have operations, including, inflation or deflation and changes in tax rates; foreign currency exchange fluctuations; our failure to meet quality standards; our ability to successfully execute and integrate acquisitions; changes in our operating strategy or development plans; our ability to attract, hire and retain qualified personnel, including our ability to maintain our highly skilled executives, sales and engineering staff; changes in the availability or cost of raw materials, energy and labor; our ability to develop and maintain competitive advantages; risks associated with our manufacturing activities; labor disturbances, including any resulting from the suspension or termination of our collective bargaining agreements; the impact of environmental and safety issues and changes in environmental and safety laws and regulations; changes in the cost and availability of transportation; our reliance on distributors; additional tax liabilities we may incur; the impact of trade regulations; availability of credit, both to us and our customers; the competitive environment in the wire rope, synthetic rope, electromechanical cable and specialty wire industries, both in the U.S. and abroad; the substantial doubt of the China joint venture's ability to continue operating; our significant indebtedness; interest rate fluctuations and changes in capital market conditions; our ability to implement and maintain sufficient internal controls; and other risks detailed in the Company's reports filed with the Securities and Exchange Commission ("SEC"), including its Annual Report on Form 10-K for the year ended December 31, 2011 and the Company's subsequent filings with the SEC. The Company assumes no obligations to update any forward-looking statements, whether as a result of new information, future events or otherwise. In addition, the Company is not obligated, and does not intend, to update any of its forward-looking statements at any time unless an update is required by applicable law.
Contact:
David Hornaday
WireCo
®
WorldGroup
Senior Vice President - Chief Administrative Officer
816-270-4710

text: WireCo WorldGroup

override: organization

text: Lankhorst Euronete

text: WireCo WorldGroup

text: Lankhorst Euronete

text: WireCo WorldGroup

label: fund

text: Paine and Partners, LLC

text: WireCo WorldGroup


text:
EX-99.1
8
v217879_ex99-1.htm
Unassociated Document
Contact:
Bohn H. Crain
Chief Executive Officer
Radiant Logistics, Inc.
(425) 943-4599
RADIANT LOGISTICS COMPLETES ITS ACQUISITION OF DISTRIBUTION BY AIR
BELLEVUE, WA April 7, 2011 - Radiant Logistics, Inc. (OTC QB: RLGT), a domestic and international logistics services company, today announced it has completed its acquisition of New Jersey-based DBA Distribution Services, Inc., a privately held company that commonly operates under the trade name Distribution By Air ("DBA") and provides a full range of domestic and international transportation and logistics services across North America.
The transaction was originally announced on March 29, 2011 and is valued at $12.0 million consisting of $5.4 million paid at closing, $4.8 million in seller notes payable over the next three years and $1.8 million to be paid in connection with the achievement of certain integration milestones. The Company may, at its sole option, on or before the three month anniversary of the closing, elect to satisfy up to $2.4 million of the seller notes through the issuance of the Company's common stock to be valued based upon a 30-day volume weighted average price to be calculated preceding the delivery of the shares.
"We are happy to have been able to move so quickly to a smooth closing" said Radiant's Chairman and CEO, Bohn Crain. "We look forward to working with DBA Founders Jim Eagen, Paul Pollara and our expanding base of business partners to deliver value for our customers and ultimately our shareholders".
About Distribution By Air
Distribution By Air (www.dbaco.com), founded in 1981, provides worldwide transportation and logistics services through its extensive network of exclusive agent and company owned offices across North America. To learn more about how to join the DBA network please call contact Jim Eagen at (800) 272-1379.
About Radiant Logistics (OTC QB: RLGT)
Radiant Logistics (www.radiantdelivers.com) is executing a strategy to build a global transportation and supply chain management company through organic growth and the strategic acquisition of regional best-of-breed non-asset based transportation and logistics providers, to offer its customers domestic and international freight forwarding and an expanding array of value added supply chain management services, including asset recovery/reverse logistics, order fulfillment, inventory management and warehousing. For more information about Radiant Logistics, please contact Founder and CEO Bohn Crain at (425) 943-4599.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding future operating performance, events, trends and plans. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding our future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expects", "intends", "plans", "projects", "estimates", "anticipates", or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause our actual results to differ from our expectations, include but are not limited to, DBA's ability following the acquisition to maintain and grow its revenues and operating margins in a manner consistent with its most recent operating results, our ability to integrate DBA's operations with our historic operations, our ability to realize cost synergies through such integration, the effect that the acquisition will have on DBA's existing customers, agents and employees as well as those risk factors that apply to our operations as disclosed in Item 1A of our Report on Form 10-K for the year ended June 30, 2010 and other filings with the Securities and Exchange Commission and other public documents and press releases which can be found on our web-site (www.radiantdelivers.com). Readers are cautioned not to place undue reliance on our forward-looking statements, as they speak only as of the date made. Such statements are not guarantees of future performance or events and we undertake no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances occurring after the date hereof.
# # #

text: Bohn H. Crain

text: Radiant Logistics, Inc

text: RADIANT LOGISTICS

text: DISTRIBUTION BY AIR

text: Radiant Logistics, Inc

text: DBA Distribution Services, Inc.

text: Distribution By Air

text: Distribution By Air

text: Distribution By Air

text: Radiant Logistics

text: Radiant Logistics

text: Radiant Logistics


text:
EX-99.1
3
cpih-201509168xkxex991.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
COMMUNICATIONS & POWER INDUSTRIES ACQUIRES ASC SIGNAL
Acquisition expands CPI's advanced antenna offerings for its communications and radar customers
PALO ALTO, Calif. - September 17, 2015 - Communications & Power Industries LLC (CPI) today acquired ASC Signal Corporation, which designs and builds advanced satellite communications, radar and high-frequency antennas and controllers. ASC Signal's high-performance antennas are used in commercial and government satellite communications, terrestrial communications, imagery and data transmission, and radar and intelligence applications.
Under the acquisition agreement, CPI acquired ASC Signal from Resilience Capital Partners.
CPI expects to realize approximately $50 million in annual sales, as well as positive contributions to its earnings, in the first year following the acquisition.
ASC Signal, which has approximately 125 employees worldwide and facilities in Plano, Texas and Whitby, Ontario, Canada, will be operated as an independent division of CPI. It will retain its current leadership and personnel, including its sales force.
ASC Signal's product portfolio includes satcom antenna systems with UHF to V-band capabilities; radar antennas in S-band and L-band for air traffic control radar applications and in S-band and C-band for weather radar applications; and high-frequency and specialty antennas in a wide frequency range for a variety of applications. ASC Signal's antennas are typically between 2.4 meters and 14 meters in diameter.
"The addition of ASC Signal's products and technology broadens CPI's existing offerings for communications and radar customers to now include one of the industry's broadest portfolios of high-performance, large-aperture fixed and mobile antennas. ASC Signal has more than 40 years of experience serving a diverse, multinational customer base, resulting in strong, long-term customer relationships and antenna installations in more than 140 countries", said Joe Caldarelli, chief executive officer of CPI International, Inc., the parent company of CPI.
Keith Buckley, president and chief executive officer of ASC Signal Corporation, said, "ASC Signal is delighted to join CPI. In addition to aligning complementary product portfolios and customer bases, this acquisition will provide ASC Signal with access to CPI's well-established worldwide resources, enabling us to grow the business and better serve our existing customer base".
Philpott Ball & Werner, LLC acted as exclusive investment banker to ASC Signal.
About Communications & Power Industries LLC
Communications & Power Industries LLC (CPI), headquartered in Palo Alto, California, is a subsidiary of CPI International Holding Corp. and CPI International, Inc. CPI develops, manufactures and globally distributes components and subsystems used in the generation, amplification, transmission and reception of microwave signals for a wide variety of systems including radar, electronic warfare and communications (satellite and point-to-point) systems for military and commercial applications, specialty products for medical diagnostic imaging and the treatment of cancer, as well as microwave and RF energy generating products for various industrial and scientific pursuits.
###
Certain statements included above constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements provide our current expectations, beliefs or forecasts of future events. These statements are not guarantees of future performance. Forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual events or results to differ materially from the results projected, expected or implied by these forward-looking statements. These factors include, but are not limited to, competition in our end markets; our significant amount of debt; changes or reductions in the U.S. defense budget; currency fluctuations; goodwill impairment considerations; customer cancellations of sales contracts; U.S. Government contracts; export restrictions and other laws and regulations; international laws; changes in technology; the impact of unexpected costs; the impact of a general slowdown in the global economy; the impact of environmental laws and regulations; inability to obtain raw materials and components; and the impact of unexpected results of, or issues in connection with, dispositions and acquisitions. These and other risks are described in more detail in our periodic filings with the Securities and Exchange Commission. All future written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. We undertake no duty or obligation to (i) publicly revise any forward-looking statement to reflect circumstances or events occurring after the date hereof, (ii) to reflect the occurrence of unanticipated events or changes in our expectations or (iii) to publicly correct or update any forward-looking statement if CPI becomes aware that such statement is not likely to be achieved.
Contacts:
Amanda Mogin, Communications & Power Industries, investor relations, 650.846.3998, amanda.mogin@cpii.com

text: COMMUNICATIONS & POWER INDUSTRIES

text: ASC SIGNAL

text: CPI

text: Communications & Power Industries LLC

text: CPI

text: ASC Signal Corporation

text: ASC Signal

text: CPI

text: ASC Signal

text: Resilience Capital Partners

override: fund

text: CPI

text: ASC Signal

text: CPI

text: ASC Signal

text: ASC Signal

text: ASC Signal

text: CPI

text: ASC Signal

text: Joe Caldarelli

text: CPI

text: CPI

text: Keith Buckley

text: ASC Signal Corporation

text: ASC Signal

text: CPI

text: ASC Signal

text: CPI

text: ASC Signal

text: Communications & Power Industries LLC

text: Communications & Power Industries LLC

text: CPI

text: CPI

text: CPI

text: CPI

text: CPI

text: Communications & Power Industries


text:
EX-99.1
4
ex99-1.htm
Exhibit 99.1
PROPHASE
LABS, INC. COMPLETES SALE OF COLD-EEZE
®
BUSINESS TO MYLAN
DOYLESTOWN,
Pennsylvania - March 29, 2017
- ProPhase Labs, Inc. (NASDAQ: PRPH, www.ProPhaseLabs.com), a diversified natural health
medical science company (the "Company"), announced today that it has completed the sale of its Cold-EEZE
®
business to a wholly-owned subsidiary of Mylan N.V. ("Mylan") for $50 million before taking into account taxes,
transaction costs and related deal expenses, restructuring costs and post-closing escrow requirements.
The
proposed sale, which was announced on January 9, 2017, was approved by the Company's stockholders at a special meeting on
March 29, 2017, and closed effective March 29, 2017, following the special meeting.
Under
the terms of the asset purchase agreement, Mylan purchased substantially all of the Company's assets and other rights relating
to the Cold-EEZE
®
cold remedy brand. The Company is retaining ownership of its manufacturing facility and manufacturing
business in Lebanon, Pennsylvania, and its headquarters in Doylestown, Pennsylvania, as well as its dietary supplements product
lines which are currently under development. As part of the transaction, the Company, through its wholly-owned subsidiary, Pharmaloz
Manufacturing, Inc. ("PMI"), has entered into a manufacturing agreement with Mylan.
Ted
Karkus, Chairman and Chief Executive Officer of the Company, stated, "We are very pleased to have successfully completed
the sale of our Cold-EEZE
®
business to Mylan as planned. With this critical step now behind us, we are now ready
to focus our resources on growing our PMI manufacturing business and TK Supplements
®
product line and to explore
other opportunities outside of the consumer products industry".
About
the Company
ProPhase
is a manufacturer, marketer and distributor of a diversified range of homeopathic and health care products that are offered to
the general public. We are also engaged in the research and development of other potential over-the-counter ("OTC")
drugs and natural base health products, including supplements, personal care and cosmeceutical products, and intend to explore
and evaluate opportunities outside of the consumer products industry. For more information visit us at www.ProPhaseLabs.com.
Forward
Looking Statements
Except
for the historical information contained herein, this document contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including statements relating to the launch of our new line of TK Supplements®,
and our new product Legendz XL®. Management believes that these forward-looking statements are reasonable as and when made.
However, such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual
results to differ materially from those projected in the forward-looking statements. These risks and uncertainties include, but
are not limited to: the difficulty of predicting the acceptance and demand for our products, the impact of competitive products
and pricing, costs involved in the manufacture and marketing of products, the timely development and launch of new products, and
the risk factors listed from time to time in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and any subsequent
SEC filings.
Investor
Contact
Ted
Karkus, Chairman and CEO
ProPhase
Labs, Inc.
(215)
345-0919 x 0

text: LABS, INC.

text: MYLAN

text: ProPhase Labs, Inc.

text: Mylan N.V.

text: Mylan

text: Mylan

text:
Pharmaloz
Manufacturing, Inc.

text: Mylan

text:
Ted
Karkus

text: Mylan

text:
Ted
Karkus

text:
ProPhase
Labs, Inc.


text:
EX-99.6
24
a19-6812_1ex99d6.htm
EX-99.6
Exhibit 99.6
Platinum Eagle Acquisition Corp. Completes Acquisition of Target Logistics Management, LLC and RL Signor Holdings, LLC
Platinum Eagle Acquisition Corp. changes name to Target Hospitality Corp.
Target Hospitality is the largest provider of specialty rental accommodations with premium catering and value-added hospitality services in the U.S.
Target Hospitality Corp. will trade on NASDAQ under the ticker symbol "TH"
Strategic business combination provides capital and strong foundation for Target Hospitality's long-term profitable growth
LOS ANGELES, California & The Woodlands, Texas (March 15, 2019)
- Platinum Eagle Acquisition Corp. (Nasdaq: EAGL) ("Platinum Eagle"), a publicly traded special purpose acquisition company, Target Logistics Management, LLC ("Target Lodging"), and RL Signor Holdings, LLC ("Signor Lodging") announced today that they have completed their previously announced business combination under which Platinum Eagle acquired both Target Lodging and Signor Lodging for approximately $1.4 billion in total consideration. This transaction, which was approved on March 6 by Platinum Eagle's stockholders, creates the largest provider of specialty rental accommodations with premium catering and value-added hospitality services in the U.S.
Upon completion of the business combination, Platinum Eagle changed its name to Target Hospitality Corp. ("Target Hospitality"). Beginning March 18, 2019, common stock and public warrants of Target Hospitality will start trading on the NASDAQ stock exchange under new ticker symbols "TH" and "THWWW", respectively.
Target Hospitality will be led by Target Lodging's highly experienced management team, including President and Chief Executive Officer Brad Archer, Chief Financial Officer Andy Aberdale, Chief Commercial Officer Troy Schrenk, Executive Vice President and General Counsel Heidi Lewis, and Senior Vice President of Operations Travis Kelley, who will continue to serve in their respective roles. Stephen Robertson, Co-Founder of TDR Capital, the private equity firm that owns Algeco, the parent of Target Lodging, and also owned Signor Lodging, will serve as Chairman of the combined company and will be joined on the board by Gary Lindsay, a Partner at TDR Capital, and Jeff Sagansky, CEO of Platinum Eagle.
Mr. Sagansky commented, "Brad and management have done a great job delivering a superior customer experience that no other competitor has come close to replicating. This has resulted in long term customer commitments and stellar financial results. This strategic business combination further enhances Target Hospitality's proven platform and growth profile, positioning it to become a truly dynamic public company story".
Mr. Archer said, "Becoming a publicly traded company represents a significant milestone that has been made possible through the hard work and dedication of all our employees. With greater financial flexibility and a clear plan to create long-term shareholder value, we are well positioned to capitalize on the opportunities ahead of us to fuel Target Hospitality's sustainable growth. Target has a long history of partnering with its clients to provide the competitive advantage they need to both recruit and retain top talent; we now see even greater opportunities to improve and further exceed client expectations by delivering unparalleled service and amenities they can always count on".
Mr. Robertson stated, "As a public company with experienced leadership, meaningful scale, a high-quality portfolio and an unparalleled suite of vertically integrated solutions, Target Hospitality is poised to expand its
1
position as the largest provider of specialty rental accommodations and value-add services. With the closing of this transaction, a strong foundation has been laid for long-term profitable growth".
Deutsche Bank Securities Inc. and BofA Merrill Lynch served as capital markets advisors and private placement agents to Platinum Eagle. Oppenheimer & Co. Inc. acted as exclusive financial advisor on the transaction. Deutsche Bank Securities Inc. served as general financial advisor to Platinum Eagle. Winston & Strawn LLP acted as legal advisor to Platinum Eagle and Allen & Overy LLP acted as legal advisor to Target Lodging and Signor Lodging.
About Target Hospitality
Headquartered in The Woodlands, Texas, Target Hospitality is the public holding company for Target Lodging, Signor Lodging and their respective subsidiaries. Target Hospitality, through Target Lodging and Signor Lodging, builds, owns and operates customized housing communities for a range of end users, and offers a full suite of cost-effective hospitality solutions including culinary, catering, concierge, laundry and security services as well as recreational facilities. Target Hospitality primarily serves the oil and gas, energy and government sectors and its growing network of communities is designed to maximize workforce productivity and satisfaction. Prior to the acquisition of Target Lodging and Signor Lodging and contemporaneous name change to Target Hospitality, Platinum Eagle Acquisition Corp. was a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination. The company began trading on the NASDAQ stock exchange in January 2018 and, prior to its combination with Target Lodging and Signor Lodging in March 2019, its Class A ordinary shares, units and warrants traded on the Nasdaq stock market under the ticker symbols EAGL, EAGLU and EAGLW, respectively.
Forward-Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates", "projected", "expects", "anticipates", "forecasts", "plans", "intends", "believes", "seeks", "may", "will", "should", "future", "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Target Hospitality's, Target Lodging's or Signor Lodging's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the inability to recognize the anticipated benefits of the business combination; the inability to meet Nasdaq listing standards; costs related to the business combination; Target Hospitality's ability to manage growth; Target Hospitality's ability to execute its business plan and meet its projections; Target Hospitality's ability to identify, consummate and integrate acquisitions; rising costs adversely affecting Target Hospitality's profitability; potential litigation involving Target Hospitality, and general economic and market conditions impacting demand for Target Hospitality's products and services, and in particular economic and market conditions in the oil industry in the markets in which Target Hospitality operates. None of Target Hospitality, Target Lodging or Signor Lodging undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
2
Investors
Narinder Sahai, 832-702-8009
IR@targetlodging.com
or
Rodny Nacier, 832-702-8009
IR@targetlodging.com
Media
Jason Chudoba, 646-277-1249
Jason.Chudoba@icrinc.com
or
Elyse Gentile, 646-677-1823
Elyse.Gentile@icrinc.com
3

text: Platinum Eagle Acquisition Corp.

text: Target Logistics Management, LLC

text: RL Signor Holdings, LLC

text: Platinum Eagle Acquisition Corp.

text: Platinum Eagle Acquisition Corp.

text: Platinum Eagle

text: Target Logistics Management, LLC

text: RL Signor Holdings, LLC

text: Platinum Eagle

text: Platinum Eagle

text: Platinum Eagle

text: Brad Archer

text: Andy Aberdale

text: TDR Capital

text: TDR Capital

text: Jeff Sagansky

text: Platinum Eagle

text: Deutsche Bank Securities Inc.

text: BofA Merrill Lynch

text: Platinum Eagle

text: Oppenheimer & Co. Inc.

text: Deutsche Bank Securities Inc.

text: Platinum Eagle

text: Winston & Strawn LLP

text: Platinum Eagle

text: Allen & Overy LLP

text: Platinum Eagle Acquisition Corp.


text:
EX-99.1
2
exhibit991-greektowncasino.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
NEWS ANNOUNCEMENT
PENN NATIONAL GAMING COMPLETES ACQUISITION
OF GREEKTOWN CASINO-HOTEL
Acquisition of Established Downtown Detroit Property Further Expands and Diversifies
Penn National's Regional Gaming Platform to 42 Properties in 19 Jurisdictions and Adds
Largest Single Property Customer Database to Loyalty Program
Transaction to be Immediately Accretive to Operating
Results with a Post Synergy Multiple of Approximately 6.3x
Wyomissing, Penn., (May 23, 2019) - Penn National Gaming, Inc. (PENN: Nasdaq) ("Penn National" or the "Company") announced today that it completed the purchase of the operations of Greektown Casino-Hotel in Detroit, Michigan ("Greektown") from JACK Entertainment, LLC for approximately $300 million in cash. The transaction was financed with a combination of cash on hand and incremental borrowings under the Company's revolving credit facility. The purchase price represents a multiple of approximately 6.3x anticipated annual run-rate adjusted EBITDA, inclusive of synergies to be realized within eighteen months.
Simultaneous with the closing of the transaction, Penn National entered into a triple net lease agreement with VICI Properties Inc. (NYSE: VICI) ("VICI") for the Greektown facility. The lease has an initial annual rent of approximately $55.6 million and an initial term of 15 years, with four 5-year renewal options. The rent coverage ratio in the first year after closing is expected to be 1.8x.
Timothy J. Wilmott, Penn National's Chief Executive Officer, stated, "We are pleased to be entering one of the nation's largest regional gaming markets, and to be operating the only casino in the heart of the revitalized downtown Detroit area. We look forward to welcoming patrons from high profile nearby attractions, such as Comerica Park, Ford Field, Little Caesars Arena, the city's theater district, GM's Renaissance Center and the Cobo Conference Center. We're also excited to be adding the largest single property customer database to mychoice, our soon-to-be re-launched and enhanced player loyalty program.
"Our expanded scale will allow us to generate synergies over the first six quarters of operations, at which time we anticipate an OpCo purchase multiple of 6.3x projected annual run-rate adjusted EBITDA. With the expected increase to our free cash flow per share, we will remain well positioned to reduce lease-adjusted net leverage to 5.0x to 5.5x by the end of next year".
Opened in 2000, Greektown Casino-Hotel features 100,000 square feet of casino space, approximately 2,700 gaming machines and 60 table games, a poker room, three restaurants, seven fast casual food outlets, four bars and a coffee shop. In addition, the casino boasts a AAA Four Diamond 400-room, luxury high-rise hotel with 14,000 square feet of event and catering space. The property employs approximately 1,700 team members and has partnered with nearly 20 local restaurants to offer fine dining rewards to guests. The Greektown property will be included in the Company's Northeast reporting segment for financial reporting purposes.
About Penn National Gaming
Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. The Company operates 42 facilities in 19 jurisdictions. In total, Penn National Gaming's facilities feature over 51,000 gaming machines, over 1,300 table games and 9,000 hotel rooms. The Company also offers social online gaming through its Penn Interactive Ventures division and has leading customer loyalty programs with over five million active customers.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected benefits of the acquisition of Greektown Casino-Hotel on the Company's
results of operations and future operating performance, including the Company's ability to generate synergies and reduce its net leverage. These statements can be identified by the use of forward looking terminology such as "expects", "believes", "estimates", "projects", "intends", "plans", "seeks", "may", "will", "should" or "anticipates" or the negative or other variations of these or similar words, or by discussions of future events, strategies or risks and uncertainties. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business, there can be no assurance that actual results will not differ materially from our expectations. Meaningful factors that could cause actual results to differ from expectations include, but are not limited to, risks related to the acquisition of the Greektown Casino-Hotel operations by the Company and the integration of the business to be acquired; potential adverse reactions or changes to business or employee relationships, including those resulting from the completion of the transaction; the possibility that the anticipated benefits of the transaction, including achieving the financial results, generating synergies and reducing the Company's net leverage, are not realized when expected or at all, including as a result of the impact of, or issues arising from, the integration of the companies; and other factors as discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2018, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, each as filed with the United States Securities and Exchange Commission. The Company does not intend to update publicly any forward-looking statements except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur.
CONTACT:
William J. Fair
Joseph N. Jaffoni, Richard Land
Chief Financial Officer
JCIR
610/373-2400
212/835-8500 or penn@jcir.com

text: PENN NATIONAL GAMING

text: GREEKTOWN CASINO-HOTEL

text: Penn National Gaming, Inc.

text: Greektown Casino-Hotel

text: JACK Entertainment, LLC

text: Greektown Casino-Hotel

text: Penn National Gaming

text: Penn National Gaming

text: Penn National Gaming

text: Greektown Casino-Hotel

text: Greektown Casino-Hotel

text: Richard Land


text:
EX-99.1
3
exhibit991.htm
exhibit991.htm - Generated by SEC Publisher for SEC Filing
EXHIBIT 99.1
Berry Plastics Corporation Acquires Filmco PVC Packaging Business
Evansville, Indiana, August 31, 2011 - Berry Plastics Corporation, an Apollo Management, L.P. and Graham Partners portfolio company, announced today the acquisition of 100% of the common stock of LINPAC Packaging Filmco, Inc ("Filmco") from LINPAC USA Holdings, Inc., a subsidiary of the UK-based LINPAC Group. Pursuant to the acquisition agreement, Berry paid approximately $19 million for Filmco, subject to certain customary adjustments. The company expects the acquisition to be immediately deleveraging.
Filmco is a manufacturer of PVC stretch film packaging for fresh meats, produce, freezer and specialty applications. The Filmco business has one manufacturing location in Aurora, Ohio and employs approximately 100 people. Filmco had 2010 annual net sales of $34 million.
Dave Corey, President of Berry's Specialty Films Division, stated, "Filmco's portfolio of premium performance films complements Berry's product offerings to the North American case-ready and in-store packaging markets. We are pleased and excited about Filmco joining the Berry team given their reputation for high quality products".
Roland Castellanos, Vice President for Linpac Packaging's Spain, France and China operations and General Manager of Filmco stated, "The purchase of the Filmco business by Berry Plastics marks an important milestone for the business. Berry will focus on our segment and invest around the strong technologies of the business while providing our great employees with opportunity for professional growth. Berry in turn will gain a dedicated and professional team that has demonstrated its ability to generate value for all the businesses stakeholders-customers, shareholders and employees. I would personally like to thank each and every employee for their contribution to the company and for their friendship".
For additional information, please contact:
Ryan Ehlert
Vice President, Corporate Development
Diane Tungate
Executive Assistant
Berry Plastics Corporation
101 Oakley St. Evansville, IN 47710
Phone: (812)-306-2370
About Berry Plastics
Berry Plastics is a leading manufacturer and marketer of plastic packaging products. For the fiscal year ended October 2, 2010 Berry Plastics reported net sales of $4.3 billion and had over 16,000 employees. Berry is headquartered in Evansville, Indiana and has 75 manufacturing facilities around the world.
About LINPAC
Formed in the UK in 1959 as Lincolnshire Packaging, LINPAC Group Limited is a EUR 1.3 billion (£1.1 billion) international market leader in primary food packaging and returnable crates/containers for supply chain management. In 2010, LINPAC Group was ranked 37th in The Times Top Track 100 list of Britain's biggest private companies.

text: Berry Plastics Corporation

text: Berry Plastics Corporation

text: LINPAC Packaging Filmco, Inc

text: LINPAC USA Holdings, Inc.

text: Dave Corey

text: Roland Castellanos

text: Ryan Ehlert

text: Berry Plastics Corporation


text:
EX-99.4
6
wr913432ex994.htm
Exhibit 99.4
FOR IMMEDIATE RELEASE
Wm. Wrigley Jr. Company Completes Kraft Confections Acquisition; Announces Supply Chain Realignment
Supply chain review leads to South Side plant closure while other investments confirm the Company's commitment to Chicago
Chicago, Ill., - June 29, 2005 - The Wm. Wrigley Jr. Company (NYSE: WWY) announced today that it has successfully completed the purchase of various confectionery assets of Kraft Foods Global, Inc. for $1.46 billion. The transaction gives Wrigley ownership of iconic brands such as Altoids
®
, Life Savers
®
, Creme Savers
®
and Sugus
®
, as well as various regional and local brands and additional production capabilities.
"With our confectionery expertise and
focus, we look for these newly acquired brands to flourish under Wrigley's
global umbrella. They have a rich heritage and are well-loved and
well-known as quality brands by our customers and consumers", noted Bill
Wrigley, Jr., Chairman, President & CEO. "This
transaction represents a significant reinforcement of our position as a
world-class confectionery company".
As the Company integrates these new brands and facilities into its operations, Wrigley will also realign its supply chain globally. This includes transferring chewing gum production from Chicago to the Wrigley plant in Yorkville, Ill. and phasing out production at the Company's South Side factory over the next 18 months.
Wrigley said the closing of the factory does not diminish the Company's commitment to Chicago, where it will maintain its corporate headquarters as well as its worldwide research and development facility - the Global Innovation Center on Goose Island. He said the Chicago factory move is one among several changes being made, based on a comprehensive global review of the Company's worldwide supply chain.
"While this is a difficult
decision for me personally, we would not be making this choice if we
did not believe that this change was
absolutely necessary for the long-term vitality of our Company", Wrigley
said. "Given the highly competitive and rapidly evolving nature of our
industry, we have a responsibility to structure our resources in a manner that
best meets the demands of our dynamic, global business. I wish to express
my thanks and appreciation to the Chicago factory associates for the
contributions they have made through the years to the overall success of the
Wrigley Company".
Supply Chain Streamlining
Based on its recently completed global review, Wrigley also plans to discontinue operations at a newly acquired Kraft facility in Bridgend, Wales, and at its L.A. Dreyfus gum base manufacturing center in Edison, N.J. While the intention is for the Bridgend location to close by early 2006, the phase out of production at Wrigley's L.A. Dreyfus and its Chicago chewing gum plant will be a staged process over the next year and a half.
(continued)
Wrigley Company Completes Acquisition
Page 2
Additionally, Wrigley plans to sell the
North American marketing rights and the Creston, Iowa production facility for
the Trolli
®
brand that are part of the Kraft transaction.
At the same time, the
Company will increase investment and business activity at its manufacturing
facilities in Gainesville, Ga. and Yorkville, Ill., as well as at its newly
acquired plant in Chattanooga, Tenn.
Wrigley in Chicago
The Chicago plant, established in 1911, is the oldest in Wrigley's global supply chain and has production split among multiple buildings and floors. For these reasons, the Company will transfer production of gum from that plant to Wrigley's 11-year-old production facility in Yorkville, Ill. The Yorkville plant enjoys a flexible, one-story layout and more efficient access to transportation for both ingredients and finished products.
Current employment at the facility at 35
th
Street and Ashland Avenue stands at about 600, down from a peak of nearly 1,700 in the late 1960's. Wrigley expects to dramatically reduce the number of involuntary layoffs that will be required as operations are discontinued over the next 18 months. During this transition period, the Wrigley Company will support associates by offering some employees the opportunity to transfer to other locations and offering others an enhanced early retirement program. For those not willing or able to take advantage of those offers, the Company will provide severance as well as outplacement services.
"While these were hard choices to make, we believe these decisions are in the best interests of our overall business and are necessary to make our production network as efficient as possible and ensure the Company remains competitive in the marketplace", commented Darrell Splithoff, Senior Vice President - Worldwide Supply Chain. "The long advance notice will help to ease the transition for our associates and the community, and we are committed to treating all team members with trust, dignity and respect".
Wrigley also plans to continue to invest in and expand its corporate and innovation presence in Chicago, reinforcing the City's status as its global headquarters.
"We value our deep roots in the City of Chicago, even as our business and our workforce continue to change", Wrigley said. "While we deeply regret the closing of the Chicago plant, the ongoing presence of our corporate headquarters in the City and the construction of our new Global Innovation Center on Goose Island reflect our desire to keep Chicago at the center of the growth and development of our worldwide business".
Wrigley noted that the Global Innovation Center is the Company's most significant recent local capital investment. The Center features a state-of-the-art pilot plant that will soon be adding confectionery equipment from New Jersey, as a result of the Kraft acquisition, to the gum-making machinery already in place. The new facility will serve as the creative hub for Wrigley's expansive R&D activities in terms of flavor, packaging and product enhancement and design efforts. Additionally, the combination of the Company's strong business growth, increased acquisition activity and expansion into non-gum confections has driven increased staffing needs at the corporate leadership center housed in the Wrigley Building.
(continued)
Wm. Wrigley Jr. Company Completes Acquisition
Page 3
The Company will work closely with City officials to ensure a smooth closing of the plant, to explore redevelopment or other possible uses for the site, and to identify other opportunities to reinforce Wrigley's intent to maintain a strong continuing presence in Chicago.
The Wrigley Company is a recognized leader in the confectionery field and the world's largest manufacturer and marketer of chewing gum, with global sales of more than $4.0 billion. The Company markets its world-famous brands in more than 180 countries. Three of these brands - Wrigley's Spearmint
®
, Juicy Fruit
®
, and Altoids
®
- have heritages stretching back more than a century. Other brands include Doublemint
®
, Life Savers
®
, Big Red
®
, Boomer
®
, Pim Pom
®
, Winterfresh
®
, Extra
®
, Freedent
®
, Hubba Bubba
®
, Orbit
®
, Excel
®
, Creme Savers
®
, Eclipse
®
, Airwaves
®
, Alpine
®
, Solano
®
, Sugus
®
, Cool Air
®
, and
P.K.
®
.
# # #
CONTACTS:
Christopher Perille
Kelly McGrail
Senior Director - Corporate Communications
Director - Corporate Communications
Phone:
312-804-2277 (cell)
Phone:
(312) 645-4754
312-645-4077 (office)
We may from time-to-time, in this document or documents incorporate by reference into this document, discuss our expectations regarding future events. Statements and financial disclosure contained herein and in the documents incorporated by reference herein that are not historical facts are forward-looking statements with the meaning of the Private Securities Litigation Reform Act of 1995. These statements or disclosures may discuss goals, intentions and expectations as to future trends, plans, events, results of operations or financial conditions, or state other information relating to us, based on current beliefs of management as well as assumptions made by, and information currently available to, us. Forward-looking statements generally will be accompanied by words such as "anticipate", "believe", "could", "estimate", "forecast", "intend", "may", "possible",
"potential", "predict", "project" or other similar words, phrases or expressions. Although we believe these forward-looking statements are reasonable, they are based upon a number of assumptions concerning future conditions, any or all of which may ultimately prove to be inaccurate. Forward-looking statements involve a number of risks and uncertainties that could cause actual results to vary. Some of the important factors that could cause actual results to differ materially form the forward-looking statements are set forth in Exhibit 99(i) to the Company's Annual Report on Form 10-K for the year ended December 31, 2004, such list not being all inclusive, and are incorporated herein by reference.

text: Wm. Wrigley Jr. Company

text: Wm. Wrigley Jr. Company

text: Kraft Foods Global, Inc.

text: Wm. Wrigley Jr. Company


text:
EX-99.1
8
ex99_1.htm
EXHIBIT 99.1
ex99_1.htm
Exhibit
99.1
FOR
IMMEDIATE RELEASE
RICK'S
CABARET INTERNATIONAL, INC. COMPLETES PURCHASE OF THE EXECUTIVE CLUB IN
DALLAS
HOUSTON
- (April 14, 2008) -
Rick's
Cabaret International, Inc
. (NASDAQ/GM:RICK), the premier publicly traded
operator of gentlemen's clubs, said today it has completed the purchase of
The Executive Club
, a
luxurious 18,000-square foot adult nightclub in Dallas. The company also
purchased the real estate on which the club is located at 8550 North Stemmons
Freeway.
The total
price for the club and real estate was $9.5 million. Rick's Cabaret issued
152,082 shares of restricted common stock valued at $25 per share, for the club
itself. Separately it paid $5.7 million to buy the real estate on which the club
is located, through the issuance of 57,918 shares of restricted common stock and
$4.25 million in cash, of which $3.64 million was loaned by a Texas bank against
the acquired property, bearing interest of prime plus two percent. The stock is
subject to a "lock up/leak out" provision governing the number of shares that
can be sold in given periods.
"This
club is one of the finest physical plants I have seen in the country", said
Eric Langan,
President
and CEO of Rick's Cabaret. "It is in an absolutely ideal location on the heavily
traveled I-35 Stemmons Freeway near the
American Airlines Arena
and
the
Uptown
retail and
recreation center.
The
Executive Club includes a first-class restaurant, an executive level with VIP
lounges and sky boxes, and multiple plasma television screens for viewing major
sports events. The location operated as a
Penthouse Club
in 2006 and had
over $7 million in annual revenues. The club was closed for most of 2007 pending
a legal settlement with the city. Rick's Cabaret has received a new Sexually
Oriented Business permit to operate the club and is fully compliant with the
current city ordinance.
The
purchase brings to 17 the number of clubs owned and operated by Rick's
Cabaret.
About Rick's Cabaret
: Rick's
Cabaret International, Inc. (NASDAQ: RICK) operates upscale adult nightclubs
serving primarily businessmen and professionals that offer live adult
entertainment, restaurant and bar operations. The company owns, operates or
licenses adult nightclubs in New York City, Miami, New Orleans, Charlotte,
Houston, Minneapolis, Philadelphia and other cities under the names "Rick's
Cabaret", "XTC", "Club Onyx" and "Tootsie's Cabaret". Sexual contact is not
permitted at any of these locations. Rick's Cabaret also owns the adult Internet
membership Web site,
couplestouch.com
, and
a network of online adult auction sites under the flagship URL
naughtybids.com
.
Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For
further information contact
ir@ricks.com
.
Forward-looking Statements
:
This document contains forward-looking statements that involve a number of risks
and uncertainties that could cause the company's actual results to differ
materially from those indicated in this document, including the risks and
uncertainties associated with operating and managing an adult business, the
business climates in New York City and elsewhere, the success or lack thereof in
launching and building the company's businesses in New York City and elsewhere,
risks and uncertainties related to the operational and financial results of our
Web sites, conditions relevant to real estate transactions, and numerous other
factors such as laws governing the operation of adult entertainment businesses,
competition and dependence on key personnel. Rick's has no obligation to update
or revise the forward-looking statements to reflect the occurrence of future
events or circumstances. For further information visit www.ricks.com <
http://www.ricks.com/
>.
Contact: Allan Priaulx,
212-338-0050, ir@ricks.com

text: CABARET INTERNATIONAL, INC.

text:
Cabaret International, Inc
.

text: Eric Langan

text: Cabaret International, Inc.


text:
EX-99.1
33
ex991.htm
250k Subscriber milestone
EXHIBIT 99.1
Fusion Closes on $22.5 Million Financings
NEW YORK, November 2, 2012
- - Fusion Telecommunications International, Inc. (OTCQB: FSNN), an emerging leader in the Unified Communications and cloud services market, today announced that it has closed on $22.5 million of financings, composed of $6.03 million in equity, and $16.5 million in term debt.
Fusion raised $6,027,750 through a private placement of investment units consisting of Convertible Preferred Securities and Warrants to accredited investors, including members of Fusion's Board of Directors and members of its Advisory Board. Bradley Woods & Co. served as lead manager, with The Laidlaw Group and Hunter Wise Financial Group participating as co-managers. In addition to the capital raised in the offering, Matthew Rosen, Fusion's Chief Executive Officer and Marvin Rosen, Fusion's Chairman, exchanged $824,000 of Company obligations for the same investment units sold in the private placement.
Fusion also raised $16.5 million through the issuance of 5-year senior notes to Praesidian Capital and Plexus Capital.
Net proceeds from these financings will be used by the Company to fund its contemporaneous acquisition of Network Billing Systems, LLC ("NBS"), advance sales and marketing efforts and for general corporate purposes. NBS is a leading Unified Communications and cloud services provider that generated approximately $26.5 million in revenue in 2011, 95% of which was monthly recurring and contracted, and $4.9 million in adjusted EBITDA.
"The strong support we received in the financing from new and existing shareholders, our management, Directors, Advisory Board members, and from financial partners like Praesidian Capital and Plexus Capital, reaffirms our confidence that we have the right strategy for growth", said Matthew Rosen, Fusion's Chief Executive Officer. "This financing helps us implement our growth strategy, which includes expanding our cloud services portfolio, concentrating on selling solutions into specific vertical markets such as healthcare, and pursuing accretive acquisitions. Together with NBS and their strong management team, extensive network and advanced infrastructure, we expect to generate positive Adjusted EBITDA in the beginning of 2013, and to accelerate the pace of our revenue growth, both organically and through additional targeted acquisitions", continued Mr. Rosen.
Commenting on the transaction, Glenn C. Harrison, Managing Director of Praesidian, said, "We have gotten to know the talented management teams of Fusion and NBS very well and have found them to be both innovative and experienced. We are impressed with their shared culture and vision. We believe that they have developed a winning strategy and plan, and are confident that the combined company is well positioned to become a leader in the Unified Communications and cloud services industry".
Expanding on Mr. Harrison's comments, Mike Becker, co-founder and Partner of Plexus, said, "We believe this financing strongly reflects our mission to build mutually beneficial long term relationships. We are delighted to participate in the newly combined company's plans for profitability and growth".
Further details of the equity financing are contained in Fusion's Current Report on Form 8-K filed with the SEC on October 26, 2012.
Use of Non-GAAP Financial Measurements:
The Company believes that EBITDA (earnings from continuing operations before interest, taxes, depreciation and amortization) is useful to investors because it is commonly used in the communications industry to evaluate companies on the basis of operating performance and leverage. The Company also believes that EBITDA provides investors with a measure of the Company's operational and financial progress that corresponds with the measurements used by management as a basis for allocating resources and making other operating decisions. Adjusted EBITDA provides an adjusted view of EBITDA that takes into account certain significant non-recurring transactions, if any, such as impairment losses and professional fees associated with pending acquisitions, which vary significantly between periods and are not recurring in nature, as well as certain recurring non-cash charges such as stock-based compensation. Although the Company uses adjusted EBITDA as one of several financial measures to assess its operating performance, its use is limited as it excludes certain significant operating expenses. EBITDA and adjusted EBITDA are not intended
to represent cash flows for the period presented, nor have they been presented as an alternative to operating income or as an indicator of operating performance and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with Generally Accepted Accounting Principles ("GAAP").
About Fusion
Fusion is a leading edge Unified Communications and cloud services provider delivering a full suite of advanced communications solutions to customers across the United States and in countries around the world. Fusion's advanced, high availability service platform enables the integration of leading edge products and services in the cloud, including voice, data, managed network services, cloud computing, storage, data center services and security. Our solutions are customized to serve the unique needs of specialized vertical markets, which a strong focus on HIPAA-compliant solutions for the healthcare industry. Fusion's innovative yet proven cloud-based solutions lower our customers' cost of ownership, and deliver new levels of security, flexibility, scalability and speed of deployment. For more information, please visit
www.fusiontel.com.
About Praesidian
Praesidian Capital partners with small and mid-sized businesses by providing private debt capital. With a focus on its core competency in mezzanine financing, Praesidian invests in established, historically profitable companies often in connection with a management/leveraged buyout, recapitalization or refinancing. Based in New York City
,
Praesidian manages more than $700 million in committed capital. For more information, visit
www.praesidian.com.
About Plexus
With offices in Charlotte and Raleigh, North Carolina, Plexus manages $255 million and invests in middle market, high growth companies located in the United States. Plexus' capital is most often used to fund growth, acquisitions, leveraged buyouts, management buyouts, and stock repurchases. Prospective portfolio companies have strong management teams, positive cash flow, large market opportunities, and need capital to execute their business plans.
Forward Looking Statements:
Statements in this press release that are not purely historical facts, including statements regarding Fusion's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1996. Such statements consist of any statement other than a recitation of historical fact and can be identified by the use of forward-looking terminology such as "may", "expect", "anticipate", "intend", "estimate" or "continue" or the negative thereof or other variations thereof or comparable terminology. The reader is cautioned that all forward-looking statements are speculative, and there are certain risks and uncertainties that could cause actual events or results to differ from those referred to in such forward-looking statements. This disclosure highlights some of the important risks regarding the Company's business. The primary risk of the Company is its ability to raise new and continued capital to execute its comprehensive business strategy. There may be additional risks associated with the integration of businesses following an acquisition, concentration of revenue from one source, competitors with broader product lines and greater resources, emergence into new markets, the termination of any of the Company's significant contracts or partnerships, the Company's ability to comply with its senior debt agreements, the Company's inability to maintain working capital requirements to fund future operations or the Company's ability to attract and retain highly qualified management, technical and sales personnel and the other factors identified by us from time to time in the Company's filings with the Securities and Exchange Commission, which are available through http://www.sec.gov. However, the risks included should not be assumed to be the only things that could affect future performance. We may, among other things, also be subject to service disruptions, delays in collections, or facilities closures caused by potential or actual acts of terrorism or government security concerns.
Fusion
Laura Nadal, 212-389-9720
lnadal@fusiontel.com
or
Hayden IR, for Fusion
James Carbonara, 646-755-7412
james@haydenir.com

text: Bradley Woods & Co.

text: The Laidlaw Group

text: Hunter Wise Financial Group

text: Network Billing Systems, LLC

text: Glenn C. Harrison


text:
EX-99.1
38
v116293_ex99-1.htm
Press
Release
Legend
Media, Inc. Announces Closing of Acquisition
Friday
May 30, 8:00 am ET
BEIJING,
May 30, 2008 (PRIME NEWSWIRE) -- Legend Media, Inc. (OTC BB: LEGE.OB - News),
a
rapidly growing advertising business focused on the Chinese radio market, today
announced the closing of an acquisition of a China-based company that has rights
to radio advertising in Tianjin, China, a city of over 10 million residents
and
one of China's four municipalities with provincial-level status.
"We
are
pleased to announce the closing of this acquisition, which provides us with
radio advertising rights in a strategically important region of China, bringing
us closer to our goal of becoming the dominant radio advertising business in
China", said Jeffrey Dash, CEO of Legend Media.
For
additional information on the terms of the acquisition, please see Legend
Media's Current Report on Form 8-K filed on May 12, 2008 with the
SEC.
About
Legend Media, Inc.
Legend
Media, Inc., through its wholly-owned subsidiary Well Chance Investments Limited
("Well Chance"), intends to build a leading, consumer advertising network
in
China that reaches consumers through multiple advertising mediums, with a
specific near-term focus on radio. Well Chance is run by its world-class
Executive Team, Advisory Board, and Board of Directors. These teams have helped
to establish a network of partners in China and the United States that are
actively working to build the company's customer base, refine its business
development strategies, and identify additional acquisition candidates. Well
Chance leverages these partners to manage its relationships with major national
and international advertising agencies, while local operators focus on
maintaining radio station and advertiser relationships within their local
markets.
Notice
Regarding Forward-Looking Statements
This
news
release contains "forward-looking statements", as that term is defined in
Section 27A of the United States Securities Act of 1933, as amended, and Section
21E of the United States Securities Exchange Act of 1934, as amended. Statements
in this press release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans, expectations,
or
intentions regarding the future. Since the forward-looking statements relate
to
future developments, results, or events, these statements are highly speculative
and involve risks, uncertainties, and assumptions that are difficult to assess
and may not be accurate. Such risks include, but are not limited to, the risks
that the China-based company will not enter into an acceptable agreement
pursuant to which it is granted the exclusive right to market and sell all
broadcast advertising for the radio station located in Tianjin, China for a
period of two years, or that the Company and the operating company will not
enter into certain acceptable control agreements described in the Company's
Current Report on Form 8-K filed on May 12, 2008 with the SEC. You should not
construe any of these statements as a definitive or invariable expression of
what will actually occur or result. Actual results could differ from those
projected in any forward-looking statements due to numerous factors. These
forward-looking statements are made as of the date of this news release and
the
Company and Well Chance assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ from those
projected in the forward-looking statements, except as may be required by law.
Although the Company believes that the beliefs, plans, expectations, and
intentions contained in this press release are reasonable, there can be no
assurance those beliefs, plans, expectations, or intentions will prove to be
accurate. Investors should consider all of the information set forth herein
and
should also refer to the risk factors disclosed in the Company's periodic
reports filed from time to time with the Securities and Exchange Commission
and
available at http://www.sec.gov.
Contact:
Legend
Media, Inc.
Jeffrey
Dash
(310)
933-6050
j.dash@legend-media.com
Source:
Legend Media Inc.

text:
Legend
Media, Inc.

text: Legend Media, Inc.

text: Jeffrey Dash

text: Legend Media, Inc.

text:
Legend
Media, Inc.

text:
Legend
Media, Inc.

text:
Jeffrey
Dash


text:
EX-99.1
4
dex991.htm
PRESS RELEASE
Press release
Exhibit 99.1
RE:
MHI Hospitality Corporation
814 Capitol Landing Road
Williamsburg, VA 23185
(757) 229-5648
TRADED: AMEX: MDH
FOR
YOUR INFORMATION:
AT THE COMPANY:
AT THE FINANCIAL RELATIONS BOARD:
Bill Zaiser
Georganne Palffy
Chief Financial Officer
General Information
(301) 220-5400
(312) 640-6768
FOR IMMEDIATE RELEASE
TUESDAY, JULY 26, 2005
MHI HOSPITALITY CORPORATION CLOSES ACQUISITION OF
HILTON JACKSONVILLE
Williamsburg, VA
- July 26, 2005 - MHI Hospitality Corporation (AMEX: MDH)
, announced today that it has completed the acquisition of the 292-room Hilton Jacksonville Riverfront in Florida for an aggregate price of $22.0 million. The property was
purchased from the BIT Holdings, Seventeen, Inc., an affiliate of the AFL-CIO Building Investment Trust (the "Trust"), and will continue to be managed by MHI Hotels Services LLC.
The purchase was funded in part by an $18 million five-year, interest-only mortgage loan
provided by Mercantile Safe Deposit and Trust Company, as trustee for the Trust. An affiliate of MHI Hotels Services LLC contributed certain personal property and assigned its leasehold interest and other rights relating to the property to the
purchaser in exchange for operating units valued at approximately $913,000. The remaining portion of the purchase price was paid in cash utilizing proceeds from the company's initial public offering.
"Given our in-depth knowledge of this asset, we believe the Hilton Jacksonville will be
highly accretive to earnings and are pleased with this solid addition to our portfolio", said Andrew Sims, the company's president and CEO.
The Hilton Jacksonville overlooks the St. John's River and is highlighted by a Ruth's Chris steak house and 12,000 square feet of meeting space. The company
will begin a $3.0 million capital improvement project in the fall of 2005, with an anticipated completion in the third quarter of 2006.
-more-
MHI Hospitality Corporation
Add 1
About MHI Hospitality Corporation
MHI Hospitality Corporation is a self-advised lodging REIT focused on the acquisition,
redevelopment and management of midscale and upscale full service hotels in the mid-Atlantic and southeastern United States. Currently, the portfolio consists of seven properties for a total of 1,675 rooms, the majority of which operate under the
Hilton and Holiday Inn brands. The company has been added to the Russell Microcap
™
Index, which is comprised of the smallest 1,000 securities in the small-cap Russell 2000
™
Index along with the next 1,000 companies, based on a ranking of all U.S. equities by market capitalization. More information on the company may be
found on its website at
www.mhihospitality.com.
Forward-Looking
Statements
This presentation includes "forward-looking
statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Although the company believes that the expectations and assumptions reflected in the forward-looking statements
are reasonable, these statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict and many of which are beyond the company's control. Therefore, actual outcomes
and results may differ materially from what is expressed, forecasted and implied in such forward-looking statements. For a further discussion of the factors that could affect outcome, please refer to the "Risk Factors" section of the
prospectus.
-30-

text: MHI Hospitality Corporation

text: Georganne Palffy

text: MHI HOSPITALITY CORPORATION

text: HILTON JACKSONVILLE

text: MHI Hospitality Corporation

text: Hilton Jacksonville Riverfront

text: BIT Holdings, Seventeen, Inc.

text: Hilton Jacksonville

text: Andrew Sims

text: Hilton Jacksonville

text: MHI Hospitality Corporation

text: MHI Hospitality Corporation

text: MHI Hospitality Corporation


text:
EX-99.1
4
a14-14508_1ex99d1.htm
EX-99.1
Exhibit 99.1
Aastrom Biosciences
Domino's Farms, Lobby K
24 Frank Lloyd Wright Drive
Ann Arbor, MI 48105
T 734 418-4400 F 734 665-0485
www.aastrom.com
For Immediate Release
Aastrom Completes Acquisition of Sanofi's Cell Therapy and Regenerative Medicine Business
ANN ARBOR, Mich., June 2, 2014 (GLOBE NEWSWIRE) - Aastrom Biosciences, Inc. (Nasdaq: ASTM), the leading developer of patient-specific expanded cellular therapies for the treatment of severe diseases and conditions, today announced that the company has completed its acquisition of Sanofi's cell therapy and regenerative medicine (CTRM) business unit. As announced on April 21, 2014, Aastrom paid $4 million in cash and $2.5 million in a promissory note to acquire the CTRM business, which includes three marketed products in the United States and Europe as well as manufacturing and production centers in the U.S. and Denmark.
The three marketed autologous cell therapy products acquired by Aastrom in this acquisition are Carticel® (autologous cultured chondrocytes), an autologous chondrocyte implant (ACI) product marketed in the United States for the treatment and repair of articular cartilage defects in the knee; Epicel® (cultured epidermal autografts), a permanent skin replacement for full-thickness burns greater than or equal to 30% of total body surface area, which is marketed in the United States; and MACI® (matrix-applied characterized autologous cultured chondrocytes), a third-generation ACI product currently marketed in the European Union for the treatment of focal chondral defects in the knee. Revenues for all three products were $44 million in 2013.
"This acquisition significantly expands our cell therapy product portfolio with proven-effective commercial products and enhances our manufacturing, sales and marketing capabilities", said Nick Colangelo, president and chief executive officer of Aastrom. "We look forward to building upon the record of successful product innovation and customer service of the CTRM business and leveraging the capabilities of the combined organization as we develop our current pipeline, expand our cell therapy business and explore other strategic growth opportunities".
About Aastrom Biosciences
Aastrom Biosciences is the leader in developing patient-specific expanded cellular therapies for use in the treatment of patients with severe diseases and conditions. Aastrom markets three autologous cell therapy products in the United States and European Union for the treatment of cartilage repair and skin replacement, and is developing ixmyelocel-T, a patient-specific multicellular therapy for the treatment of advanced heart failure due to ischemic dilated cardiomyopathy. For more information, please visit Aastrom's website at www.aastrom.com.
The Aastrom Biosciences, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3663 http://www.globenewswire.com/newsroom/prs/?pkgid=3663
This document contains forward-looking statements, including, without limitation, statements concerning clinical trial plans and progress, objectives and expectations, clinical activity timing, intended product development, anticipated milestones, potential advantages of our product candidates and the commercial success of our products, all of which involve certain risks and uncertainties. These statements are often, but are not always, made through the use of words or phrases such as "anticipates", "intends", "estimates", "plans", "expects", "we believe", "we intend", and similar words or phrases, or future or conditional verbs such as "will", "would", "should", "potential", "could", "may", or similar expressions. Actual results may differ significantly from the expectations contained in the forward-looking statements. Among the factors that may result in differences are the inherent uncertainties associated with the clinical trial and product development activities, regulatory approval requirements, competitive developments, product commercialization and the availability of resources and the allocation of resources among different potential uses. These and other significant factors are discussed in greater detail in Aastrom's Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission ("SEC") on March 13, 2014, Quarterly Reports on Form 10-Q and other filings with the SEC. These forward-looking statements reflect management's current views and Aastrom does not undertake to update any of these forward-looking statements to reflect a change in its views or events or circumstances that occur after the date of this release except as required by law.
CONTACT:
Media contact:
David Salisbury
Berry & Company
dsalisbury@berrypr.com
(212) 253-8881
Investor contact:
Chad Rubin
The Trout Group
crubin@troutgroup.com
(646) 378-2947

text: Aastrom

text: Sanofi

text: Aastrom Biosciences, Inc.

text: Sanofi

text: Aastrom

text: Aastrom

text: Nick Colangelo

text: Aastrom

text: Aastrom

text: Aastrom

text: Aastrom Biosciences, Inc.

text: Aastrom

text: Aastrom


text:
EX-99
6
pressrelease.txt
99.5
Exhibit 99.5
------------
FOR IMMEDIATE RELEASE
---------------------
CONTACT:
--------
RON KOCHMAN
VOLT DELTA RESOURCES LLC.
212.704.2400
VOLT DELTA RESOURCES LLC. ACQUIRES
VARETIS SOLUTIONS GMBH FROM VARETIS AG
NEW YORK, January 3, 2006 -- Volt Delta Resources LLC, a subsidiary of Volt
Information Sciences, Inc. [NYSE: VOL], and a leading provider of enhanced
directory assistance solutions and information services, announced today that it
has closed the previously announced acquisition of Varetis AG's Varetis
solutions GmbH subsidiary for 20.8 million Euros.
William Shaw, President and Chairman of Volt Information Sciences, Inc. stated
"Volt Delta's acquisition of Varetis solutions, GmbH allows the two companies to
combine resources to focus on the evolving global market for directory
information systems and services. Varetis solutions adds considerable technology
in the area of wireless and wireline database management, directory
assistance/enquiry automation, and wireless handset information delivery to Volt
Delta's significant technology portfolio".
Joseph DiAngelo, President of Volt Delta, commented "Varetis also brings an
accomplished development and support team to augment Volt Delta's European
staff, providing the needed resources to fuel Volt Delta's continuing growth.
With an experienced international marketing and support team, Varetis solutions
will help Volt Delta compete on a global basis for the growing demand for access
to subscriber data and enhanced information. "
Morgan Joseph & Co. Inc. advised Volt with respect to the transaction.
VoltDelta, a subsidiary of Volt Information Sciences (reported as Volt's
Computer Systems segment) is a leading provider of enhanced directory assistance
solutions and information services to the global telecommunications market.
Thirty years of operator services experience have enabled VoltDelta to meet
evolving market requirements providing innovative technology and services to
wireline and wireless markets. For further information please visit
www.voltdelta.com or www.volt.com.
Volt Information Sciences, Inc. (NYSE: VOL) is a leading national provider of
Staffing Services and Telecommunications and Information Solutions for its
Fortune 100 customer base. Operating through a network of over 300 Volt Services
Group locations, the Staffing Services segment fulfills IT and other technical,
commercial, and industrial placement requirements of its customers, on both a
temporary and permanent basis. The Telecommunications and Information Solutions
businesses provide complete telephone directory production and directory
publishing; a full spectrum of telecommunications construction, installation and
engineering services; and advanced information and operator services systems for
telephone companies. For additional information, please visit the Volt
Information Sciences, Inc., web site at http://www.volt.com.
Varetis solutions GmbH delivers database and automation solutions for the
operator services market. Around the world today, more than 20,000 operator
workstations have been outfitted with Varetis technology.
This press release contains forward-looking statements which are subject to a
number of known and unknown risks, including general economic, competitive and
other business conditions, the degree and timing of customer utilization and the
rate of renewals of contracts with the Company, that could cause actual results,
performance and achievements to differ materially from those described or
implied in the forward-looking statements. Information concerning these and
other factors that could cause actual results to differ materially from those in
the forward-looking statements is contained in Company reports filed with the
Securities and Exchange Commission. Copies of the Company's latest Annual Report
on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as filed with the
Securities and Exchange Commission and the New York Stock Exchange, are
available without charge upon request to Volt Information Sciences, Inc., 560
Lexington Avenue, New York, New York 10022, 212-704-2400, Attention: Shareholder
Relations. These and other SEC filings by the Company are also available to the
public over the Internet at the SEC's website at http://www.sec.gov and at the
Company's website at http://www.volt.com in the Investor Information section.

text: VOLT DELTA RESOURCES LLC

text: VOLT DELTA RESOURCES LLC

text: VARETIS SOLUTIONS GMBH

text: VARETIS AG

text: Volt Delta Resources LLC

text: Varetis AG

text:
Varetis
solutions GmbH

text: William Shaw

text: Volt Delta

text: Varetis solutions, GmbH

text:
Volt
Delta

text: Volt Delta

text: Volt Delta

text: Volt Delta

text: Volt Delta

text: Morgan Joseph & Co. Inc.

text: Varetis solutions GmbH


text:
EX-99.1
2
cic8kex991051408.txt
PRESS RELEASE
CabelTEL
International Corporation
Exhibit 99.1
CABELTEL SELLS MINERAL INTERESTS
For Immediate Release Contact: Oscar Smith
Gene Bertcher
(972) 407-8400
Dallas, Texas (Business Wire) May 14, 2008: CabelTel International Corporation
(AMEX: GBR, "the Company"), a Dallas-based company announced today that on May
9, 2008 the Company sold certain mineral interest leasehold rights in the
Fayetteville Shale area of Arkansas to an unrelated third party. In addition to
selling approximately 1,712 acres the Company also exercised an option to
acquire an additional 2,398 acres and sold those interests to the same party at
the same time. The sale of these interests resulted in the Company receiving
cash of approximately $16 million and recording an after tax gain of
approximately $14.5 million.
According to Gene S. Bertcher, President and Chief Executive Officer, "The
Company intends to continue to pursue opportunities to acquire existing oil and
gas operations and or acquire mineral leasehold rights for the purpose of
developing oil and gas operations in the future".

text:
CabelTEL
International Corporation

text: CabelTel International Corporation

text: unrelated third party

text: Gene S. Bertcher