text:
EX-99.1
16
v032837_ex99-1.htm
ex99.1
EXHIBIT
99.1
Creative
Vistas Announces Major Acquisition, Projects Aggressive Growth In Revenues
For
2006
.
WHITBY,
Ontario--(BUSINESS WIRE)-January 6, 2006--Creative Vistas, Inc., (CVAS
-
news),
a
leading provider of integrated electronic security and surveillance systems,
announced today that it has completed the acquisition of Cancable Inc, a rapidly
growing Canadian based company provisioning
the deployment
and servicing of broadband technologies in both residential and commercial
markets.
Cancable
Inc has over 300 employees and has experienced consistent growth over the past
few years. Its customers include Rogers Cable, Canada's largest provider of
Cable Services. "Cancable provides us with additional expertise in
video/data/voice communications technologies. It also provides us with
exceptional deployment capabilities and potential new market segments for our
current and future product lines of our Iview line of highly advanced video
products" said Sayan Navaratnam, Chairman of Creative Vistas, Inc.
Cancable
Inc had revenues of $9.6 M in fiscal 2003, $14.9 M in fiscal 2004 and expects
to
have revenues of $19.5 M for the year ended November 30, 2005. All numbers
are
in Canadian dollars and based on Canadian GAAP audited financial statements
for
the fiscal years 2003 and 2004.
There
is
a significant convergence of electronic security and surveillance technologies
and IT technologies. Many surveillance technologies and products such as cameras
and Digital Video Recorders (DVR) depend on transmission via various types
of IP
networks. "It is important for us to add the capability and the customer base in
the IT and Broadband sectors. The acquisition sets a great platform for growth
and further Mergers and Acquisitions (M&A) activities. We look forward to
further growth and being a premier provider and enabler of highly advanced
electronic security and surveillance solutions and technologies. This
acquisition will also result in significant growth in revenues for 2006", said
Mr. Navaratnam.
Further
information regarding the acquisition can be found in the Form 8-K to be filed
by the Company today with the Securities and Exchange Commission.
More
information about Cancable Inc is available at, www.dependableit.com;
www.cancable.com
Creative
Vistas, Inc., primarily through its wholly-owned subsidiary AC Technical Systems
Ltd, is a leading provider of integrated electronic security and surveillance
systems. It provides its systems to various high profile clients including:
Government, School Boards, Retail Outlets, Banks, and Hospitals. The Company
has
positioned itself as a leading provider of highly advanced integrated security
systems. AC Technical Systems, has offices in Ontario, Canada.
Forward-Looking
Statements: Statements about the Company's future expectations, including future
revenues and earnings, and all other statements in this press release other
than
historical facts are "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act
of
1934, and as the term is defined in the Private Securities Litigation Reform
Act
of 1995. The Company's actual results could differ materially from expected
results for reasons described from time to time in the Company's public filings.
The Company undertakes no obligation to update forward-looking statements to
reflect subsequently occurring events or circumstances.
Contact:
Creative
Vistas, Inc.
Sayan
Navaratnam, 905-666-8676

text:
Creative
Vistas

text: Creative Vistas, Inc.

text: Cancable Inc

text:
Cancable
Inc

text: Sayan Navaratnam

text: Creative Vistas, Inc.

text:
Cancable
Inc

text: Cancable Inc

text:
Creative
Vistas, Inc.

text:
Creative
Vistas, Inc.

text:
Sayan
Navaratnam


dataset: buster

text:
EX-99.1
4
ex99-1.htm
Exhibit
99.1
Vinco
Ventures Completes Acquisition of AdRizer, an AI-Powered Revenue Attribution and Audience Acquisition Ad Platform
AdRizer
to Power Advertising for Lomotif
FAIRPORT,
NY., February 16
th
, 2022 - Vinco Ventures, Inc. (Nasdaq: BBIG) ("Vinco") today announced it has completed
the previously announced acquisition of AdRizer LLC ("AdRizer"), a provider of technology solutions that automate the use
of artificial intelligence for digital advertising analytics and programmatic media buying, for consideration consisting of $38 million
in cash paid at closing and up to 10 million shares of common stock of Vinco issuable on January 1, 2024. ZVV Media Partners, LLC ("ZVV"),
a joint venture of Vinco and Zash Global Media and Entertainment Corporation ("ZASH"), and ZASH assigned their rights to
acquire AdRizer to Vinco in connection with the transaction. As a result of the acquisition, AdRizer is now a wholly-owned subsidiary
of Vinco.
Ken
Bond, the founder and CEO of AdRizer, will continue as CEO of AdRizer under a three-year employment agreement with AdRizer.
"With
the AdRizer acquisition complete, we are now focused on deploying AdRizer's technology platform to monetize the content creation
and streaming capabilities of the Lomotif short form video app through digital advertising", said Lisa King, CEO of Vinco.
Ted
Farnsworth, Chairman of ZASH added, "We are thrilled to be advancing our plan to build a monetization platform on Lomotif, and
are extremely excited about the combined future of Vinco, AdRizer and Lomotif".
AdRizer's
technology platform, Cortex, provides real-time analytics for marketing spend and revenue optimization to deliver streamlined ad-campaign
creation for advertisers at scale. AdRizer's platform integrates with various traffic partners including Google, MSN, Instagram,
Facebook, Twitter and others. AdRizer's technology platform for publishers and advertisers assists them in optimizing the return
on their digital ad investment. This includes display and video ads that can be viewed on a variety of devices, including laptops and
mobile devices, enabling advertisers to upload their ads seamlessly. AdRizer plans to develop an ad platform inside the Lomotif short-form
video app to enable advertisers to more effectively engage with the Lomotif platform and its users. In building its ad platform for Lomotif,
AdRizer will seek to maximize the effectiveness of its advertising strategies in light of current data privacy safeguards.
Vinco's
strategy of integrating the AdRizer platform with Lomotif includes integrating the full-service content monetization platform of Honey
Badger, a subsidiary of Vinco that focuses on brand specific messaging and designing comprehensive digital campaigns from creation to
monetization.
About
Vinco Ventures
Vinco
Ventures, Inc. (Nasdaq: BBIG) is focused on the development of digital media and content technologies. Vinco Ventures' consolidated
subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80%
ownership interest in Lomotif Private Limited. For more information visit
Investors.vincoventures.com
.
About
AdRizer
AdRizer
LLC is a provider of technology solutions that automate the use of artificial intelligence for digital advertising analytics and programmatic
media buying, enabling publishers and agencies to place digital ads in real time and effectively manage their ad investment with a risk
averse approach.
About
Lomotif
Lomotif
is a global video-sharing social networking platform that is democratizing video creation. A home for creators since 2014, Lomotif has
grown worldwide as a grassroots social community with dedicated users in Asia, Latin America and the United States. Lomotif is 80% owned
by ZVV Media Partners, LLC, a joint venture of ZASH Global Media and Entertainment Corporation and Vinco Ventures, Inc. (Nasdaq: BBIG).
Download the Lomotif app from Apple and Google stores or visit
www.lomotif.com
for more information.
Forward-Looking
Statements and Disclaimers
This
press release contains "forward-looking statements" as defined in the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco as well as estimates and
assumptions made by Vinco's management. These statements can be identified by the fact that they do not relate strictly to historic
or current facts. When used in this press release the words "estimate", "expect", "intend", "believe,"
"plan", "anticipate", "projected", and other words or the negative of these terms and similar expressions
as they relate to the applicable company identify forward-looking statements. Such statements reflect the current view of Vinco's
management with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Vinco and
its consolidated subsidiaries and variable interest entities, including Lomotif, AdRizer and Honey Badger, and their respective industries,
financial condition, operations and results of operations. Such factors include, but are not limited to, uncertainties as to the expected
benefits from Vinco's investments in Lomotif, AdRizer and Honey Badger and related growth initiatives including integration of
the AdRizer platform with Lomotif and synergies between AdRizer, Lomotif and Honey Badger, and such other risks and uncertainties described
more fully in documents filed by Vinco with or furnished to the Securities and Exchange Commission, including the risk factors discussed
in Vinco's Annual Report on Form 10-K for the period ended December 31, 2020 filed on April 15, 2021, and Vinco's Quarterly
Reports on Form 10-Q filed thereafter including the Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 filed on November
22, 2021, which are available at
www.sec.gov
. Should one or more of these risks or uncertainties materialize, or the underlying
assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended,
or planned. Although Vinco believes that the expectations reflected in the forward-looking statements are reasonable, Vinco cannot guarantee
future results, performance, or achievements. Except as required by applicable law, including the securities laws of the United States,
Vinco does not intend to update any of the forward-looking statements to conform these statements to actual results.
Investor
Relations
Monica
Gould
Greg
McNiff
investors@vincoventures.com

label: organization

text:
Vinco
Ventures

override: organization

text: AdRizer

text: AdRizer

text: Vinco Ventures, Inc.

text: AdRizer LLC

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

label: person

text: Lisa King

text:
Ted
Farnsworth

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

text: Vinco Ventures

text:
Vinco
Ventures, Inc.

text: Vinco Ventures

text: Vinco Ventures

text: AdRizer

text:
AdRizer
LLC

text: Vinco Ventures, Inc.

text: AdRizer

text: AdRizer

text: AdRizer

text: AdRizer

source_dataset: expertai/BUSTER

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


text:
EX-99.1
2
exh991.htm
EXHIBIT 99.1 - PRESS RELEASE FOR GLOBAL GREEN SOLUTIONS INC.
Exhibit 99.1 - Press Release for Global Green Solutions Inc.
Exhibit 99.1
For immediate release
Global Green Solutions Inc. Completes Acquisition Agreement
with Greensteam Development,
Signs MOU with Aera Energy LLC
San Diego, CA
-
February 26, 2007
-- Global Green Solutions Inc., a developer of ecotechnology solutions for renewable energy and greenhouse gas reduction, has completed its acquisition agreement with Greensteam Development Inc. The new business, Global Greensteam LLC, a joint venture with ITS Engineered Systems and The Onix Corporation, will convert waste biomass into low cost steam for industrial applications.
Global Greensteam will reduce steam generation energy costs up to 30 percent less than natural gas-fueled steam. Waste biomass will be converted to steam using a low-polluting cyclonic solid fuel burner. The burner is incredibly efficient and releases minimal carbon dioxide and nitrous oxide, and virtually no sulfur, into the atmosphere. Currently, the waste biomass is clogging landfills or burned at the production site, contributing to air pollution. With Global Greensteam, a virtually unlimited supply of waste biomass will be transformed into renewable, alternative fuel. The result will be cost-effective steam with a lower carbon emissions footprint.
The company will design, build, own and operate the steam generation units. Global Greensteam will retrofit or replace a customer's current steam generators at the customer site and can assume responsibility for steam generation operations. This outsourcing of steam generation will allow customers to concentrate on their primary businesses by eliminating their involvement with the steam generation process.
Global Greensteam and Aera Energy LLC Sign MOU
Global Greensteam LLC has also signed a Memorandum of Understanding (MOU) with Aera Energy LLC (Aera), one of California's largest oil and gas producers. Under the terms of the MOU, Global Greensteam will negotiate contracts with Aera for the purchase of the steam generated by Global Greensteam's renewable energy technology. The steam will be utilized in Aera's enhanced oil recovery operations, replacing steam currently being generated by natural gas fired units.
Aera produces approximately 185,000 barrels of oil and 65 million cubic feet of natural gas daily. The company has oilfield operations in the San Joaquin Valley, L.A. Basin and Ventura and Monterey counties.
Global Green Solutions Inc., www.globalgreensolutionsinc.com, develops and implements ecotechnology solutions for renewable energy and the reduction of greenhouse gas emissions. Global Green Solutions Inc. is a US public traded company (OTCBB:GGRN) with offices in Vancouver, San Diego, El Paso, London, Brussels, Cara-cas and Johannesburg
.
Contacts:
Investor Relations
Global Green Solutions
866.408.0153 or 800.877.1626
www.globalgreensolutionsinc.com
Marty Tullio
McCloud Communications, LLC
949.553.9748
marty@mccloudcommunications.com
Media Relations
Nancy Tamosaitis
Vorticom Public Relations
212.532.2208
nancyt@vorticom.com
Safe Harbor for Forward Looking Statements:
Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned", "expects", "believes", "strategy", "opportunity", "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company's actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include, but are not limited to, customer acceptance of the company's services, products and fee structures, the success of the company's brand development efforts, the volatile and competitive nature of the industry, and changes in domestic and international market conditions, and foreign exchange rates.
# # #
-2-

text: GLOBAL GREEN SOLUTIONS INC.

text: Global Green Solutions Inc.

text: Global Green Solutions Inc.

text: Greensteam Development

text: Aera Energy LLC

text: Global Green Solutions Inc.

text: Greensteam Development Inc.

text: Global Greensteam LLC

text: Aera Energy LLC

text: Global Greensteam LLC

text: Aera Energy LLC

text: Global Green Solutions Inc.

text: Global Green Solutions Inc.


text:
EX-99
2
ex_99-1.txt
FOR IMMEDIATE RELEASE
AUDIOVOX CLOSES ACQUISITION OF THOMSON AMERICAS
CONSUMER ELECTRONICS ACCESSORY BUSINESS
HAUPPAUGE, NY, JANUARY 29, 2007 - Audiovox Corporation (NASDAQ: VOXX), announced
today that it has completed its acquisition of Thomson's Americas consumer
electronics accessory business for a total purchase price of approximately $59
million, which includes the working capital adjustment.
As announced on December 21, 2006, Audiovox has acquired the rights to the RCA
brand for Consumer Electronics accessories. The acquisition also includes the
Recoton, Spikemaster, Ambico and Discwasher brands for use on any products and
the Jensen, Advent, Acoustic Research and Road Gear brands for accessory
products. Audiovox already owns Jensen, Advent, Acoustic Research and Road Gear
brands for electronics products as part of prior acquisitions.
Patrick Lavelle, President and CEO of Audiovox stated, "We are pleased to have
closed on this transaction and believe the assimilation of Thomson's product
lines and personnel into our operations will be seamless, as we sell to many of
the same customers and have already taken the steps to streamline our operations
in anticipation of this deal. This acquisition significantly enhances our brand
portfolio, strengthens our position in the consumer electronics accessories
business and puts us in a better position to generate higher returns for our
shareholders".
About Audiovox
Audiovox Corporation is a leading international supplier and value added service
provider in the consumer electronics industry. The Company conducts its business
through subsidiaries and markets mobile and consumer electronics products both
domestically and internationally under several of its own brands. It also
functions as an OEM (Original Equipment Manufacturer) supplier to a wide variety
of customers, through several distinct distribution channels. For additional
information, please visit Audiovox on the Web at http://www.audiovox.com.
Safe Harbor Language
Except for historical information contained herein, statements made in this
release that would constitute forward-looking statements may involve certain
risks and uncertainties. All forward-looking statements made in this release are
based on currently available information and the Company assumes no
responsibility to update any such forward-looking statements. The following
factors, among others, may cause actual results to differ materially from the
results suggested in the forward-looking statements. The factors include, but
are not limited to, risks that may result from changes in the Company's business
operations; our ability to keep pace with technological advances; significant
competition in the mobile and consumer electronics businesses; our relationships
with key suppliers and customers; quality and consumer acceptance of newly
introduced products; market volatility; non-availability of product; excess
inventory; price and product competition; new product introductions; the
possibility that the review of our prior filings by the SEC may result in
changes to our financial statements; and the possibility that stockholders or
regulatory authorities may initiate proceedings against Audiovox and/or our
officers and directors as a result of any restatements. Risk factors associated
with our business, including some of the facts set forth herein, are detailed in
the Company's Form 10-K/A for the fiscal year ended November 30, 2005 and its
Form 10-Q for the fiscal third quarter ended November 30, 2006.
Company Contacts
Glenn Wiener, GW Communications for Audiovox
Tel: 212-786-6011 or Email: gwiener@GWCco.com
# # # # #

text: AUDIOVOX

text: Audiovox Corporation

text: Audiovox

text: Audiovox

text: Patrick Lavelle

text: Audiovox

text: Audiovox

text: Audiovox Corporation

text: Audiovox

text: Audiovox

text: Audiovox


text:
EX-99.1
2
ex99-1.htm
EX-99.1
ex99-1.htm
Exhibit 99.1
IGC Invests in Farming Facility Accelerating Initiative for the Legal Cannabis Farming Marketplace
Bethesda, April 6, 2016 (GLOBE NEWSWIRE) -- India Globalization Capital, Inc. (IGC) announces today that it has acquired 51% of M10-Plantation, a company located in Malaysia with expertise in vertical farming, for a consideration of 1,000,000 shares of unregistered IGC common stock comprising a purchase price of $520,000. The acquisition closed, subject to customary closing conditions, on March 31, 2016. The Company will have about 24,289,220 shares outstanding after giving effect to this acquisition.
Mr. Ram Mukunda, CEO of IGC commented, "This acquisition does three things for us: 1) it gives us access to advanced technology for growing, extraction, storage, and packaging that we can apply in the U.S.; 2) it generates cash flow in the short term; 3) it allows us to create a low cost R&D center for training individuals in advanced growing, green house, and extraction technologies. Our recently acquired management team at Cabaran Ultima will help manage this acquisition".
About IGC
In the United States, we develop phytocannabinoid-based therapies and build state-of-the art farming facilities that we can eventually use to grow and extract pharmaceutical grade phytocannabinoids. IGC has several patent filings for the indications of Pain, Medical Refractory Epilepsy and Cachexia using cannabinoids. Internationally, IGC engages in leasing, trading and managing infrastructure projects. We are based in Bethesda, Maryland. Our website: www.igcinc.us. Twitter @IGCIR
Forward-looking Statements:
Some of the statements contained in this press release that are not historical facts constitute forward- looking statements under the federal securities laws. Forward-looking statements can be identified by the use of the words "may", "will", "should", "could", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "intends", "potential", "proposed", or the negative of those terms. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond IGC's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, our acquisition and diversification strategy, our competitive environment, and governmental, regulatory, political, economic, legal and social conditions. Except as required by federal securities laws, IGC undertakes no obligation to publicly update any forward- looking statements, whether as a result of new information, future events, or otherwise. Other factors and risks that could cause or contribute to actual results differing materially from such forward- looking statements have been discussed in greater detail in IGC's Form 10- K for fiscal year ended March 31, 2015, and in subsequent reports filed with the U.S. SEC.
Contact Info:
Claudia Grimaldi
301-983-0998

text: IGC

text: India Globalization Capital, Inc.

text: IGC

text: IGC

text: Ram Mukunda

text: IGC

text: IGC

text: IGC

text: IGC

text: IGC

text: IGC

text: IGC


text:
EX-99.2
5
exhibit4.htm
EX-99.2
EX-99.2
Exhibit 99.2
For Immediate Release
Contact:
Donna Shaults
Enesco Group, Inc.
630-875-5464
dshaults@enesco.com
ENESCO AND TINICUM CAPITAL PARTNERS ANNOUNCE COMPLETION OF ASSET SALE
ITASCA, Ill. - February 15, 2007
-Enesco Group, Inc. ("Enesco"), a global leader in the
giftware, and home and garden décor industries, and EGI Acquisition, LLC (to be known as "Enesco,
LLC"), an affiliate of Tinicum Capital Partners II, L.P. ("Tinicum"), a private investment
partnership, today announced the completion of the purchase by EGI of substantially all of the
assets of Enesco and the assumption of certain of Enesco's unsecured liabilities. Completion of
the purchase followed a hearing earlier in the day at which the United States Bankruptcy Court
overseeing Enesco's Chapter 11 case approved the transaction.
The purchase price for Enesco's business, operations and assets included Enesco, LLC's forgiveness
of all amounts due under Enesco's senior secured debtor-in-possession financing facility and
certain other obligations owed to Tinicum and its affiliates, the assumption of certain of Enesco's
liabilities, and the establishment of a $700,000 wind-down fund for Enesco's use in its Chapter 11
bankruptcy case.
"This day marks the beginning of a new day and a new era for Enesco", commented Basil Elliott,
President and CEO of Enesco, LLC. "On behalf of all our employees around the globe, we are very
excited to begin a new chapter in our history, one that focuses on growing our business and our
brands profitably, while providing our retail customers the quality service they demand. We are
confident that with our new partnership with Tinicum and with our dedicated employees, we are
poised for growth and will once again become the leader within the giftware industry".
Terence M. O'Toole, co-managing partner of Tinicum added, "We are very pleased that we have
completed this transaction. We share Enesco's vision of growth and look forward to working with
the management team to unlock the full potential of this business. We are excited to realize the
vision that Tinicum and Enesco have for both the future of the business and the gift industry. We
are confident that together we will create a higher standard for best-quality products, design
excellence and superior customer service".
Enesco intends to file a plan of liquidation with the Bankruptcy Court in the near future, which
will provide for the payment of Enesco's bankruptcy-related expenses, the distribution of any
residual funds to remaining creditors and dissolution of the former entity. Enesco does not
anticipate that there will be any distribution to its shareholders.
-more-
1
About Enesco, LLC
.
Enesco, LLC is a global leader in the giftware, and home and garden décor industries. Serving
approximately 44,000 customers worldwide, Enesco distributes products to a wide variety of
specialty card and gift retailers, home décor boutiques, as well as mass-market chains and direct
mail retailers. With subsidiaries in the United Kingdom, France and Canada, Enesco serves markets
operating in Europe, the Americas Canada, Australia and Asia. Enesco's product lines include some
of the world's most recognizable brands, including
Heartwood Creek
®
by Jim Shore,
Foundations
®
, Pooh & Friends
®
, Walt Disney Classics Collections
®
,
Disney Traditions
™
, Disney
®
,
Border Fine Arts
™
, Cherished
Teddies
®
, Halcyon Days
®
, and Lilliput Lane
™
,
among others.
Further information is available on Enesco's web site at
www.enesco.com
.
# # #
2

text: Enesco

text: ENESCO

text: Enesco

text: EGI

text: Enesco

text: EGI

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Basil Elliott

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco

text: Enesco


text:
EX-99.1
3
rubiex991-pressrelease.htm
PRESS RELEASE
RUBIEX99.1 - Press Release
Exhibit 99.1
RUBICON PROJECT ACQUIRES iSOCKET AND SHINY ADS
Dual Acquisitions Consolidate Automated Guaranteed Market and Accelerate Direct
Order Automation with First and Only "Full-Stack" Direct Orders Solution for Display,
Mobile and Video Advertising
LOS ANGELES - November 17, 2014 - Rubicon Project (NYSE: RUBI), a leader in advertising automation with one of the industry's largest independent real-time trading platforms for the buying and selling of advertising, today announced it is expanding its direct order automation technology and consolidating the automated guaranteed market with the acquisitions of two privately held companies, iSocket and Shiny Ads. (NYSE: RUBI), a leader in advertising automation with one of the industry's largest independent real-time trading platforms for the buying and selling of advertising, today announced it is expanding its direct order automation technology and consolidating the automated guaranteed market with the acquisitions of two privately held companies, iSocket and Shiny Ads.
In recent years, Rubicon Project (@RubiconProject) has consistently delivered innovative technologies to the advertising marketplace - marked notably by the automation of direct orders for automated non-guaranteed inventory it introduced to the market in 2012 - which complemented the company's industry leading automated auction technology.
The addition of iSocket and Shiny Ads provides technology solutions that automate the buying and selling of direct-sold, guaranteed deals - a segment of the direct orders market that is forecastedi to surpass $8 billion in the U.S. alone by 2016. Sometimes referred to as automated guaranteed, this method of buying, which is prevalent in the television market, allows sellers to set prices for guaranteed audience impressions and buyers to discover and buy those guaranteed audiences. Automated guaranteed direct orders deliver CPMs that can be up to 10X that of RTB, delivering significantly greater revenue for sellers and greater access to premium inventory for buyers.
When combined with Rubicon Project's existing direct orders technology in the automation of non-guaranteed inventory, these acquisitions further extend the company's leadership position, allowing for the creation of the first and only "full-stack" of integrated solutions for automating, streamlining, and managing the processes of direct buying and selling of guaranteed and non-guaranteed advertising. The market for direct orders is forecastedii to surpass $60 billion worldwide in 2014.
"Automating guaranteed direct orders facilitates the buying and selling of the most premium, higher priced inventory directly between buyers and sellers, similar to how TV advertising is bought and sold today", said Frank Addante (@FrankAddante), CEO, Founder and Chief Product Architect, Rubicon Project. "Consolidating the guaranteed direct orders market with these acquisitions, combined with our existing direct order technology and scale, solidifies our market leadership in this rapidly growing segment", concluded Addante.
"The combination of Rubicon Project's scale and iSocket's innovative technology forms the first and only company in the market today to offer buyers the benefits of a fully integrated automated platform for guaranteed and non-guaranteed direct orders and represents a significant leap forward for the future of advertising automation", said Richard Jalichandra, CEO, iSocket.
"This integration of world-class automation technologies, automated guaranteed engineering talent and self-serve tool capabilities positions Rubicon Project to successfully address all aspects of the premium marketplace", added Roy Pereira, CEO, Shiny Ads.
Assuming full attainment of earn-outs, the total consideration being paid by Rubicon Project for both acquisitions is less than $30 million, largely in stock. Given the timing of the acquisitions and the current stages of both businesses it is not expected for either to contribute meaningfully to Q4 2014 earnings.
About Rubicon Project
Rubicon Project (NYSE: RUBI) has engineered the Advertising Automation Cloud, one of the largest real-time cloud and Big Data computing systems. The Company's mission is to automate the buying and selling of advertising by offering innovative products to connect buyers and sellers globally. www.RubiconProject.com @RubiconProject
#Automation #Excellence #CultureMatters
____________________
i
eMarketer, October 2014
ii
PricewaterhouseCoopers Entertainment & Media Outlook 2013-2017

text: RUBICON PROJECT

text: iSOCKET

text: SHINY ADS

text: Rubicon Project

text: iSocket

text: Shiny Ads

text: iSocket

text: Shiny Ads

text: Rubicon Project

text: iSocket

text: Shiny Ads

text: Rubicon Project

text: Rubicon Project

text: Rubicon Project

text: iSocket

text: Richard Jalichandra

text: iSocket

text: Rubicon Project

text: Roy Pereira

text: Shiny Ads

text: Rubicon Project

text: Rubicon Project

text: Rubicon Project


text:
EX-99.1
2
a05-17132_1ex99d1.htm
EX-99.1
Exhibit 99.1
SSA Global Completes Acquisition of E.piphany
Company demonstrates commitment to growing Customer
Relationship Management market
CHICAGO, September 29, 2005
- SSA Global™ (NASDAQ: SSAG), a leading
provider of extended enterprise solutions and services, today announced the
completion of its acquisition of E.piphany, Inc. (NASDAQ: EPNY) ("Epiphany"),
a global customer relationship management (CRM) provider. As a result of this merger,
Epiphany will operate as a wholly owned subsidiary of SSA Global Technologies, Inc.
All holders of Epiphany outstanding common stock will receive cash
consideration totaling $4.20 per share, to be distributed as a $2.13 per share
special distribution and $2.07 per share as merger consideration.
"The addition of Epiphany
is further confirmation of SSA Global's commitment to anticipate and address the
demands of our customers", said Mike Greenough, president, chairman and CEO of
SSA Global. "With companies increasingly under pressure to find ways to do more
with less, extending the value of their IT investment is a smart, strategic
business decision. The Epiphany acquisition strengthens our position as a partner
who offers proven enterprise extension solutions that create competitive
differentiation and significant business value".
With the addition of Epiphany, SSA Global now provides
a customer relationship management offering that includes outbound and inbound
marketing, sales, service, and CRM analytics.
These
applications are based on a similar services-oriented architecture as
SSA Open Architecture, built using Java 2 Enterprise Edition (J2EE) technology.
The combined architecture will provide flexibility to integrate with existing
enterprise applications and to quickly tailor solutions for specific industries.
Synergies
between SSA Global and Epiphany include:
.
Significant percentage of shared
customers in manufacturing, finance and services industries
.
Commitment to serving mid-market and
large global enterprises with quality solutions providing high return on
investment (ROI)
.
Common adoption of open standard,
service-oriented technology
.
Same
core values of customer satisfaction and commitment to quality products,
implementation and support
Shares
of Epiphany common stock will be de-listed from NASDAQ and de-registered with
the Securities and Exchange Commission. Epiphany and SSA Global have appointed
Computershare as the paying agent for the merger consideration.
About SSA Global
SSA Global™ (NASDAQ: SSAG) is a leading provider of extended ERP solutions for
manufacturing, distribution, retail, services and public organizations
worldwide. In addition to core ERP applications, SSA Global offers a full range
of integrated extension solutions including corporate performance management,
customer relationship management, product lifecycle management, supply chain
management and supplier relationship management. Headquartered in Chicago, SSA
Global has 63 locations worldwide and its product offerings are used by
approximately 13,000 active customers in over 90 countries. For additional
information, visit the SSA Global web site at www.ssaglobal.com.
SSA
Global™ is the corporate brand for product lines and subsidiaries of SSA Global
Technologies, Inc. SSA Global, SSA Global Technologies and SSA GT are trademarks
of SSA Global Technologies, Inc. Other products mentioned in this document
are registered, trademarked or service marked by their respective owners.
# # #
Forward-Looking Statements
These
materials may contain "forward-looking statements." Forward-looking
statements include, without limitation, any statement that may predict,
forecast, indicate or imply future results, performance or achievements, and
may contain the words "believe", "anticipate", "expect", "estimate", "intend", "project,"
"plan", "will be", "will likely continue", " will likely result", or words or
phrases with similar meaning. All of these forward-looking statements are
based on estimates and assumptions made by our management that, although we
believe to be reasonable, are inherently uncertain. Forward-looking
statements involve risks and uncertainties, including, but not limited to,
economic, competitive, governmental and technological factors outside of our
control, that may cause our business, strategy or actual results to differ
materially from the forward-looking statements. We operate in a changing
environment in which new risks can emerge from time to time. It is not
possible for management to predict all of these risks, nor can it assess the
extent to which any factor, or a combination of factors, may cause our
business, strategy or actual results to differ materially from those contained
in forward-looking statements. Factors you should consider that could
cause these differences include, among other things:
.
General economic and business conditions, including
exchange rate fluctuations in the United States and abroad;
.
Our ability to identify acquisition
opportunities and effectively and cost-efficiently integrate acquisitions;
.
Our ability to maintain effective internal
control over financial reporting;
.
Our ability to attract and retain personnel,
including key personnel;
.
Our success in developing and introducing new
services and products;
.
Competition in the software industry, as it
relates to both our existing and potential new customers.
For inquiries, contact:
Press:
Maria Diecidue
Scott Goldberg
SSA Global
Edelman
312-258-6000
312-297-7414
maria.diecidue@ssaglobal.com
scott.goldberg@edelman.com
Investors:
Dawn Drella
312-474-7694
dawn.drella@ssaglobal.com

text: SSA Global

text: E.piphany

text: SSA Global™

text: E.piphany, Inc.

text: SSA Global

text: SSA Global

text: Mike Greenough

text: SSA Global

text: SSA Global

text: SSA Global

text: SSA Global

text: SSA Global

text: SSA Global™

text: SSA Global

text:
SSA
Global

text: SSA Global

text:
SSA
Global™

text: SSA Global

text: SSA Global

text: SSA Global

text: SSA Global

text: SSA Global


text:
EX-99.4
5
a05-17449_1ex99d4.htm
EX-99.4
Exhibit 99.4
CONTACTS:
For Accellent
Investor Contact
:
Media Contact Information
:
Stewart A. Fisher
Nanette Pietroforte
EVP and CFO
FischerHealth, Inc.
(978) 570-6820
(310) 577-7870, ext. 161
stewart.fisher@accellent.com
npietroforte@fischerhealth.com
For KKR
David Lilly
Molly Morse
Kekst and Company
(212) 521-4878/4826
david-lilly@kekst.com
molly-morse@kekst.com
Accellent Inc. to be Acquired by KKR for $1.27 Billion
WILMINGTON,
Mass., October 10, 2005
- Accellent Inc., the largest provider of integrated contract manufacturing and
design services to the medical device industry, announced today that it has
signed a definitive merger agreement with affiliates of Kohlberg Kravis Roberts
& Co. (KKR) in a transaction valued at approximately $1.27 billion.
"KKR has a long history of investing in
world-class companies to foster growth and expansion. We are delighted to join
with KKR as we embark upon the next stage of our development", said Ron Sparks,
President and CEO of Accellent. "Accellent's
customers are the world's leading developers and providers of medical devices,
focused on the areas of cardiology, endoscopy, and orthopaedics. We have often said that our strategic goal is
to be recognized by our customers as the world's best and most innovative order
fulfillment and design organization.
With the strong support of KKR, we plan to build upon our commitment to provide
outstanding service to our customers in the years ahead".
As part of the transaction, members of
Accellent management will partner with KKR by retaining a significant equity
stake in the company. No changes are
currently contemplated in Accellent's strategy or operations. Accellent Inc. is currently owned by a
private investment group led by KRG Capital Partners and DLJ Merchant Banking
Partners, an affiliate of Credit Suisse First Boston.
"Accellent has established itself as a leader
in its industry and has posted impressive growth under the leadership of Ron
Sparks and his team", said Michael W. Michelson, a Member of KKR. "We believe Accellent is uniquely positioned
to capitalize on continued industry momentum.
We look forward to working with the entire Accellent team in full
support of their strategy and ongoing customer and operational initiatives".
The acquisition is expected to be completed
before the end of 2005, and is subject to customary closing conditions. Credit
Suisse First Boston and Hogan & Hartson LLP advised Accellent Inc. J.P. Morgan and Simpson Thacher &
Bartlett LLP advised KKR.
About Accellent
Accellent Inc, through its wholly owned
subsidiary Accellent Corp., provides fully integrated contract manufacturing
and design services to medical device manufacturers in the
cardiology, endoscopy and orthopaedic
markets. Accellent has broad capabilities in design and engineering services,
precision component fabrication, finished device assembly and complete supply
chain management. These capabilities enhance customers' speed to market and
return on investment by allowing companies to refocus internal resources more
efficiently. For more information, please visit www.accellent.com
About KKR
KKR is one of the world's oldest and most
experienced private equity firms specializing in management buyouts, with
offices in New York, Menlo Park, California and London. Current KKR investments in the health care
sector include: Alliance Imaging (outsourced provider of diagnostic imaging
services); Jazz Pharmaceuticals (pharmaceutical company focused on drug
acquisition and reduced-risk drug development); and MedCath (owner / manager of
specialty cardiac hospitals). Throughout
its history, KKR has brought a long-term investment approach to its portfolio
companies, focusing on working in partnership with management teams to invest
for future competitiveness and growth. Over the past 29 years, KKR has invested
in more than 130 transactions with a total value of over US$162 billion. For
more information, please visit www.kkr.com.
This press release contains 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. All statements other than
statements of historical facts included in this press release constitute
forward-looking statements. These forward-looking statements involve risks and
uncertainties. Important factors that can cause actual results to differ
materially from the company's expectations are disclosed in the risk factors
contained in the company's Annual Report on Form 10-K filed with the Securities
and Exchange Commission (the "SEC") on March 15, 2005 and in subsequent
periodic and current reports filed from time to time by the company with the
SEC. All forward-looking statements are expressly qualified in their entirety
by such risk factors.
#
# #

label: fund

text: KKR

override: fund

text: Accellent Inc.

text: KKR

text: Accellent Inc.

text:
Kohlberg Kravis Roberts
& Co.

text: KKR

text: KKR

text: KKR

text: Ron Sparks

text: KKR

text: KKR

text: Accellent Inc.

text: KRG Capital Partners

text:
DLJ Merchant Banking
Partners

text: Credit Suisse First Boston

text:
Ron
Sparks

text: KKR

text:
Credit
Suisse First Boston

text: Hogan & Hartson LLP

text: Accellent Inc.

text: J.P. Morgan

text:
Simpson Thacher &
Bartlett LLP

text: KKR

text: KKR

text: KKR

text: KKR

text: KKR

text: KKR


text:
EX-99.1
3
d515283dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
December 28, 2017
SoftBank
Group Corp.
SoftBank Group Completes Acquisition of
Fortress
Investment Group
Acquisition brings additional investment expertise to SoftBank
Fortress will continue to operate independently
TOKYO, Japan, December
28 (JST), 2017
- SoftBank Group Corp. ("SoftBank" or "SBG") today announced that it
has completed the previously announced acquisition of Fortress Investment Group LLC (NYSE: FIG) ("Fortress") for $3.3 billion in cash. Following the close of the transaction, SBG and its wholly-owned subsidiaries own all outstanding
Fortress shares. The completion follows the satisfaction of all conditions to the closing of the transaction, including approval of the transaction by Fortress shareholders on July 12, 2017 and receipt of all necessary regulatory approvals.
As a result of the acquisition, each outstanding Fortress Class A share was converted into the right to receive $8.08 per share in cash, with merger
proceeds to be distributed in accordance with payment procedures outlined in Fortress's Definitive Proxy dated June 7, 2017 and the Merger Agreement incorporated therein. Fortress's common stock has ceased trading and will be delisted
from the New York Stock Exchange. Fortress's financial results will be consolidated and reflected on SBG's consolidated financial statements following the acquisition closing date of December 27 (EST), 2017. SBG will announce the
impact of the consolidation as necessary.
Fortress will operate within SoftBank as an independent business headquartered in New York. Fortress Principals
Pete Briger, Wes Edens and Randy Nardone will continue to lead Fortress. SoftBank is committed to maintaining the leadership, business model, brand, personnel, processes and culture that have supported Fortress's success to date.
About the SoftBank Group
The SoftBank Group is a global
technology player that aspires to drive the Information Revolution. The SoftBank Group is comprised of the holding company SoftBank Group Corp. (TOKYO: 9984) and its global portfolio of companies, which includes advanced telecommunications, internet
services, AI, smart robotics, IoT and clean energy technology providers. In May 2017, the SoftBank Vision Fund, which invests globally in the businesses and technologies that will enable the next stage of the Information Revolution, held its first
major close with over USD 93 billion in committed capital. To learn more, please visit
www.softbank.com
.
About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment firm with $36.1 billion in assets under management as of
September 30, 2017. Founded in 1998, Fortress manages assets on behalf of over 1,750 institutional clients and private investors worldwide across a range of credit, real estate, permanent capital and private equity investment strategies. For
more information regarding Fortress Investment Group LLC please visit
www.fortress.com
.
Contacts
SoftBank Group
Japan:
SoftBank Group Corp. Corporate Communications
+81.3.6889.2300
sbpr@softbank.co.jp
or
United States:
Sard Verbinnen & Co
SoftBank-SVC@sardverb.com
+1 (212)
687-8080
Fortress
Gordon E. Runté
+1 (212)
798-6082

text:
SoftBank
Group Corp.

text: SoftBank Group

text:
Fortress
Investment Group

text: SoftBank

text: SoftBank Group Corp.

text: SoftBank

text: Fortress Investment Group LLC

text: SoftBank

text: SoftBank

text: SoftBank Group

text: SoftBank Group

text: SoftBank Group

text: SoftBank Group Corp.

text: SoftBank

text: Fortress Investment Group LLC

text: Fortress Investment Group LLC

text: SoftBank Group

text: SoftBank Group Corp.


text:
EX-99
2
jd12-15ex_99.txt
99.1
Exhibit 99.1
THACKERAY CORPORATION NEWS
CONTACT: FOR RELEASE:
Jules Ross Immediately
Vice President, Finance December 10, 2004
(212) 564-3393
THACKERAY CORPORATION COMPLETES SALE OF ASSETS TO EST ORLANDO, LTD.
NEW YORK, NEW YORK - DECEMBER 10, 2004 - Thackeray Corporation announced today
that, following its receipt of the requisite stockholder approval, it has
completed the sale of its interest in the BT Orlando Limited Partnership and
approximately 78 acres of undeveloped land in Orlando, Florida, constituting
substantially all of its assets, to EST Orlando, Ltd., a limited partner of BT
Orlando Limited Partnership. Under the terms of the agreement, Thackeray
received $6,250,000 in cash for the partnership interest and the land. Thackeray
will proceed to implement its plan of liquidation and dissolution, pursuant to
which its remaining net cash, after payment of all liabilities and expenses,
will be distributed to its stockholders.

text: THACKERAY CORPORATION

text: Jules Ross Immediately

text: THACKERAY CORPORATION

text: EST ORLANDO, LTD.

text: Thackeray Corporation

text: BT Orlando Limited Partnership

text: EST Orlando, Ltd.

text:
BT
Orlando Limited Partnership


text:
EX-99.1
3
ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
Exhibit
99.1
Release
Immediately
06-10-F
HERCULES
COMPLETES SALE OF FIBERVISIONS
WILMINGTON,
DE, MARCH 31, 2006...
Hercules
Incorporated (NYSE: HPC) today announced the completed sale of its 51% interest
in FiberVisions, L.L.C., ("FiberVisions"), a wholly-owned subsidiary of the
Company, to Snow, Phipps & Guggenheim, L. P., an affiliate of SPG Partners,
LLC ("SPG"), a New York-based private equity firm.
Hercules
has received initial proceeds of $109 million which will be used to
purchase its 11.125% Senior Notes.
#
#
#
About
FiberVisions
FiberVisions
is the leading global producer of specialty fibers for nonwoven fabrics and
textile fibers used in consumer and industrial products. It also is the global
leader in the marketing of bicomponent specialty fibers through ES FiberVisions,
a joint venture with Chisso Corporation.
About
Hercules Incorporated
Hercules
manufactures and markets chemical specialties globally for making a variety
of
products for home, office and industrial markets. For more information, visit
the Hercules website at www.herc.com.
About
SPG Partners, LLC
SPG
is a
New York-based private equity firm seeking to acquire businesses in attractive
industries where it can leverage the expertise of its exclusive Operating
Partners, who are seasoned industry executives.
This
news release includes forward-looking statements, as defined in the Private
Securities Litigation Reform Act of 1995, reflecting management's current
analysis and expectations, based on what management believes to be reasonable
assumptions. Forward-looking statements may involve known and unknown risks,
uncertainties and other factors, which may cause the actual results to differ
materially from those projected, stated or implied, depending on such factors
as: ability to generate cash, ability to raise capital, ability to refinance,
ability to execute productivity improvements and reduce costs, ability to
execute and integrate acquisitions, ability to execute divestitures, business
climate, business performance, economic and competitive uncertainties, higher
manufacturing costs, reduced level of customer orders, changes in strategies,
risks in developing new products and technologies, foreign exchange rates,
adverse legal and regulatory developments. Accordingly, there can be no
assurance that the Company will meet future results, performance or achievements
expressed or implied by such forward-looking statements. As appropriate,
additional factors are contained in other reports filed by the Company with
the
Securities and Exchange Commission. This paragraph is included to provide
safe
harbor for forward-looking statements, which are not generally required to
be
publicly revised as circumstances change, and which the Company does not
intend
to update.
Hercules:
Media
Contact: John S.
Riley (302)
594-6025
Investor
Contact: Stuart L. Fornoff (302)
594-7151
SPG
Partners, LLC:
Steven
Bruce / Sam Hollander / Ann Taylor Reed
Abernathy
MacGregor Group
(212)
371-5999

text: HERCULES

text: FIBERVISIONS

text:
Hercules
Incorporated

text: FiberVisions, L.L.C.

text: FiberVisions

text: Snow, Phipps & Guggenheim, L. P.

text:
SPG Partners,
LLC

text: Hercules

text: FiberVisions

text: FiberVisions

text: FiberVisions

text: Hercules Incorporated

text: Hercules

text: Hercules

text: SPG Partners, LLC

text: Hercules

text:
SPG
Partners, LLC


text:
EX-99.1
2
ccuc_ex99z1.htm
PRESS RELEASE
Press Release
EXHIBIT 99.1
CCUC ANNOUNCES TWO ACQUISITIONS REVEALING COMPANY'S EXCITING NEW BUSINESS MODEL
Acquisition of Imperial Coachworks And Plug-In Motors, Inc. Defines Company's Strategy To Provide "Pure Electric" Technologies For The Livery And Fleet Transportation Markets
Springfield, MO. August 24
th
, 2009 - Classic Costume Company, Inc. (CCUC.OB-OTC), a Business Development, Marketing and Manufacturing Conglomerate, announces today
that it has recently completed the acquisitions of Imperial Coachworks, Inc. and Plug-In Motors, Inc. as wholly owned subsidiaries revealing Company's new business model to be a leading provider of "Pure Electric" technologies for the Custom Livery, Fleet and Government transportation markets.
About Imperial Coachworks, Inc.
Imperial Coachworks, Inc. and its subsidiary, Imperial Coach Builders, is a limousine and specialty vehicle manufacturing company that operates out of a 60,000 square foot manufacturing facility in Springfield, Missouri. Imperial is one of only nine limousine manufacturers operating under a QVM (Qualified Vehicle Modifier) Agreement with Ford Motors. The Company also has relationships with General Motors and Chrysler Corporation. Imperial is able to utilize the expertise of the supplier for superior engineering design, warranty support to its customers, rebates for chassis purchases and a source of marketing funds
Imperial's design team also has a tremendous amount of experience in the creation and restoration of custom and classic automobiles. The company has designed and built a line of Ford Model T Roadsters to add to its other custom cars. These vehicles are true to the era of the custom hot rod, but are built utilizing modern technology in each of the engineering components. For more information visit the web site:
www.limoland.com
About Plug-In Motors, Inc.
Plug-In Motors, Inc. based out of Kansas City, MO. is a specialty automotive technology company that provides a zero emission, high performance 100% "Pure Electric" vehicle conversion solution for any size production vehicle. Mr. Kurt Neutgens, President and founder of Plug-In Motors, has 20 years of experience in the automotive industry with an expertise in product development, manufacturing quality and powertrain integration. He was previously an Engineering Manager of the F-150 at Ford Motor Company. He has positioned Plug-In Motors to be the first to provide Premium Pure Electric Vehicle upgrades to the automotive market. The "Premium" designation indicates to the Company's customers a stronger, cleaner and safer "Pure Electric" vehicle to drive.
Plug-In's first prototype vehicle, unveiled in December of 2008, is a Ford Mustang Conversion. Pure Electric Mustang conversions are now available to the public in two versions with a top speed in excess of 85 mph traveling up to 200 miles on a charge
and can reach 0-60 in 5.6 seconds. These vehicles have power steering, air conditioning and electric heat and regenerative braking. And they can be driven for less than 3 cents per mile. The Company is in the process of converting a Ford F150 as well as a few other family type vehicles. To view a demonstration of the Mustang, visit the Company's web site:
www.pluginmotors.com
CCUC is now in the position to take advantage of a timely industry market demand to provide custom vehicles and power trains that will that will build a dominating presence in the aftermarket automotive up-fitter segment, including, but limited to "Pure Electric" vehicles, limousines, other livery, specialty fleet, classic automobiles and custom restorations. The Company fully expects to have the first zero emissions, "Pure Electric" livery vehicle ready to unveil by first quarter of 2010. The Company's strategy is to offer and expand our line of products, eventually revolutionizing the specialty automotive vehicle market.
Mr. Gary Spaniak, Chief Executive Officer of CCUC, states, "Until now CCUC has been a marketing sales company." Mr. Spaniak continues by stating, " By bringing these two quality companies into CCUC, we now have the ability to provide a line of specialty vehicles the industry is asking for".
Forward Looking Statements
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Henry Harrison
IR Pro 2.0
407-682-2001
hharrison@insidewallstreet.com

text: CCUC

text: Imperial Coachworks

text: Plug-In Motors, Inc.

text: Classic Costume Company, Inc.

text: Imperial Coachworks, Inc.

text: Plug-In Motors, Inc.

text: Imperial Coachworks, Inc.

text: Imperial Coachworks, Inc.

text: Plug-In Motors, Inc.

text: Plug-In Motors, Inc.

text: Kurt Neutgens

text: CCUC

text: Gary Spaniak

text: CCUC

text: CCUC

text: CCUC


text:
EX-99.1
2
ex99-1.htm
Exhibit
99.1
Life
Clips Closes Belfrics Group Acquisition
Acquisition
provides entry into high growth global blockchain, cryptocurrency, and forex market
AVENTURA, Fla. and DUBAI, United Arab
Emirates, August 26, 2021 (GLOBE NEWSWIRE) - Life Clips, Inc. (OTC Pink: LCLP) (the "Company"), Life Clips is
pleased to announce it has closed on its previously announced acquisition of Belfrics Group, a global blockchain technology firm that
runs cryptocurrency exchanges on its proprietary platform. The acquisition includes Belfrics operations in Malaysia, Singapore, India,
Kenya, Tanzania, Nigeria, and Bahrain, Belfrics CEO and Founder, Praveen Kumar, will remain the CEO of Belfrics, while Robert Grinberg
will serve as CEO of Life Clips.
Life
Clips CEO, Robert Grinberg, said "We are very excited to close our acquisition of Belfrics group and look forward to building a
company that will be meaningful in the industry. I will be traveling to Dubai this week and look forward to discussing our strategic
plan with Belfrics Group's key personnel, as well as meeting with investors." Mr. Grinberg continued, "We believe this
acquisition represents a tremendous opportunity for our shareholders. As a result of our great working relationship with the Belfrics
team, we were able to close ahead of schedule and discuss many new opportunities".
Visit
our corporate website at
www.lifeclips.com.
Follow
us on Twitter at
https://twitter.com/realLifeClips.
Join
us on LinkedIn at
https://www.linkedin.com/company/life-clips-inc.
About
Life Clips, Inc.
Life
Clips, Inc. is the parent company of Cognitive Apps Software Solutions Inc. and distributes single-use and cordless batteries under the
Mobeego brand for use with cellular phones and other mobile devices. Cognitive Apps is an AI-Powered mental health analytics platform
that empowers businesses to measure, understand, and improve mental well-being of their employees, patients and customers. Drug development
for mental health disorders and other cognitive impairments is hampered by the inability to identify at risk groups before the onset
of clinically significant symptoms, as well as continuous assessments on the progress made by the participants. Cognitive Apps is addressing
this problem by pioneering a speech-based AI technology which could help accurately predict risk for various types of depression and
mood and anxiety-based disorders years before a clinical diagnosis is obtained. Our technology can help detect and monitor subtle changes
in mental state by assessing individuals more frequently and more objectively than the assessments used today. The speech and voice recognition
market is expected to grow at a CAGR of 17.2% from 2019 to 2025 to reach $26.79 billion by 2025.
Forward-Looking
Statement Disclaimer
This
press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of
1995. Such statements may be preceded by the words "intends", "may", "will", "plans,"
"expects", "anticipates", "projects", "predicts", "estimates", "aims,"
"believes", "hopes", "potential" or similar words. Forward-looking statements are based on certain
assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control,
and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such
forward-looking statements: (i) the initiation, timing, progress and results of the Company's research, manufacturing and other
development efforts; (ii) the Company's ability to advance its products to successfully complete development and commercialization;
(iii) the manufacturing, development, commercialization, and market acceptance of the Company's products; (iv) the lack of sufficient
funding to finance the product development and business operations; (v) competitive companies and technologies within the Company's
industry and introduction of competing products; (vi) the Company's ability to establish and maintain corporate collaborations;
(vii) loss of key management personnel; (viii) the scope of protection the Company is able to establish and maintain for intellectual
property rights covering its products and its ability to operate its business without infringing the intellectual property rights of
others; (ix) potential failure to comply with applicable health information privacy and security laws and other state and federal privacy
and security laws; and (x) the difficulty of predicting actions of the government and its regulations. All forward-looking statements
included in this press release are made only as of the date of this press release. The Company assumes no obligation to update any written
or oral forward-looking statement unless required by law.
For
Media and Investor Relations, please contact:
David
L. Kugelman
(866)
692-6847 Toll Free - U.S. & Canada
(404)
281-8556 Mobile and WhatsApp
dk@atlcp.com
Skype:
kugsusa
https://www.linkedin.com/in/davidkugelman/

text: Clips

text: Belfrics Group

text: Life Clips, Inc.

text: Belfrics Group

text: Belfrics group

text: Belfrics Group

text: Life Clips, Inc.

text:
Life
Clips, Inc.


text:
EX-99.1
2
ex99-1.htm
Exhibit
99.1
GAN
Limited Completes Acquisition of Coolbet
Merger
combines GAN's industry leading B2B platform with Coolbet's best-in-class sportsbook engine, positioning GAN as a
full-service B2B solution for real money gaming in the U.S. and as a vertically integrated B2C player in selected international
markets
Irvine,
California | January 4, 2021:
GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business
supplier of internet gaming software-as-a-service solutions to the U.S. land-based casino industry, today announced the completion
of the Vincent Group p.l.c. ("Coolbet") acquisition for a total purchase price of €149.1 million (or $175.9 million)
1
in cash and stock, as adjusted pursuant to the Share Exchange Agreement as noted below.
Highlights:
●
Integration
of Coolbet's industry-leading, proprietary sports betting technology into GAN's current Business-to-Business ("B2B")
technology stack began in earnest pending closing of the transaction.
●
Expecting
broad availability of integrated offering for the U.S. market no later than Q3 2021.
●
Jan
Svendsen, founder of Coolbet, to run continuing operations of Coolbet's Business-to-Consumer ("B2C") iGaming
operations, with a footprint in Northern Europe, Canada, and Latin America in real money iGaming and online sports betting,
as well as advise on trading services to U.S. clients with technical integrations.
●
Transaction
is expected to be immediately accretive.
●
The
€149.1 million ($175.9 million) purchase price was established on a "cash-free, debt-free" basis.
Dermot
Smurfit Commented:
"The
completion of the Coolbet acquisition brings together two best-in-class offerings in the iGaming space today, and makes a powerful
combination by creating a fully-integrated offering, customizable for each client's needs. We have already started to welcome
the Coolbet team of over 175 employees and engineering talent to our organization and expect the integration process to be seamless.
Over the last few weeks, the GAN and Coolbet teams have spent significant time together outlining our exciting future and have
grown even more confident in the numerous revenue synergies that we see across both platforms. We look forward to leveraging one
of the most complete solutions in our industry both domestically and internationally, and believe our growth platform is well
positioned to drive long-term shareholder value".
About
GAN Limited
GAN
is a leading business-to-business supplier of internet gambling software-as-a-service solutions predominantly to the U.S. land-based
casino industry. GAN has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses
to land-based casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet
gaming, internet sports gaming and virtual Simulated Gaming.
1
Conversion
rate of 1.18 USD to EUR per the terms of the Coolbet share exchange agreement.
Forward-Looking
Statements
This
release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements
contained in this release that do not relate to matters of historical fact should be considered forward-looking statements, including,
without limitation, statements regarding the timing for launching a new integrated offering in the U.S. market, expectations regarding
the integration process, anticipated revenue synergies and the position of the combined company to drive long-term shareholder
value, as well as statements that include the words "expect", "intend", "plan", "believe,"
"project", "forecast", "estimate", "may", "should", "anticipate"
and similar statements of a future or forward-looking nature. These forward-looking statements are based on management's
current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties
and other important factors that may cause actual results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the forward-looking statements. Readers are cautioned not to place
undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes
no obligation to update or revise any forward-looking statements for any reason, except as required by law.
Investor
Contacts:
GAN
Jack
Wielebinski
Head
of Investor Relations
(214)
799-4660
jwielebinski@GAN.com
Alpha
IR Group
Sofia
Byrne or Chris Hodges
(312)
445-2870
GAN@alpha-ir.com

text:
GAN
Limited

text: Coolbet

text: Coolbet

text: GAN Limited

text: Vincent Group p.l.c.

text: Coolbet

text: Coolbet

text:
Jan
Svendsen

text: Coolbet

text: Coolbet

text: Coolbet

text: Coolbet

text: Coolbet

text: GAN Limited

text: Coolbet


text:
EX-99.1
3
a14-4853_1ex99d1.htm
EX-99.1
Exhibit 99.1
Press Release
Knoll to Acquire Luxury Design Brand HOLLY HUNT
East Greenville, PA, February 3, 2014, Knoll, Inc. and Holly Hunt Enterprises, Inc. today announced that Knoll, Inc. has acquired the Chicago-based luxury design brand HOLLY HUNT through an acquisition of all the outstanding equity of Holly Hunt Enterprises, Inc. and related entities. The acquisition advances the Knoll strategy of building its global capability as a go-to resource for high design workplaces and homes, including the commercial contract, decorator to-the-trade and consumer markets.
Andrew Cogan, Knoll CEO, stated, "Like our co-founder Florence Knoll, Holly Hunt is one of the icons of our industry who consistently elevates the level of design in her chosen markets. She is an arbiter of refined taste, and we have been longtime fans of her work and curatorial eye".
"We believe as a custodian of her eponymous brand that we can help Holly and her seasoned team accelerate the brand's growth both domestically and internationally, while leveraging assets we already have in place", he added.
Commenting on the transaction, Holly Hunt said, "Knoll has a long and deep history with a terrific reputation for modern design and superb quality. Knoll is an ideal partner to assure the continued growth of our brand. We share Knoll's commitment to design and luxury furnishings that enrich interior space".
Founded in 1983, HOLLY HUNT has grown into the premier high design residential showroom resource and provider of furnishings, lighting, textiles and leathers for architects and interior designers. With 2013 revenues of $94.0 million and double digit operating margins, Holly Hunt and her team have built a singular brand reputation for design excellence in North America and abroad.
Mr. Cogan continued, "We estimate the global market for luxury home furnishings and coverings to exceed the market for contract furnishings and believe it offers significant opportunity for further consolidation and growth as the number of affluent, design savvy consumers expands globally. The acquisition of HOLLY HUNT accelerates our high design residential and consumer strategy and opens up new sources of revenue that complement our existing Office and Specialty businesses".
Holly Hunt, who will remain as CEO of HOLLY HUNT and continue to work with her talented team, will report directly to Mr. Cogan. She will also serve as an advisor to Knoll on the company's high design residential strategy. David Schutte, Knoll's Senior Vice President and Chief Marketing Officer, will join HOLLY HUNT as President; his addition to the team will allow Ms. Hunt to focus her time and talent fully on design and creative strategy.
Mr. Cogan added, "As with our other Specialty businesses, we are committed to the operational independence of HOLLY HUNT and its unique brand and cultural identity. All of us at Knoll look forward to working with Holly and her team in the years ahead".
The acquisition of HOLLY HUNT for $95.0 million in cash, plus contingent future payments dependent on the performance of the business over the next three years, is expected to be immediately accretive. Knoll estimates it will receive future tax benefits with a present value of approximately $20.0 million as a result of the transaction.
Following the acquisition, approximately 40% of Knoll revenues will come from outside the North American office market. The financial results for HOLLY HUNT will be reported as part of the Knoll, Inc. Studio segment.
About Knoll
Knoll is recognized internationally for workplace and residential design that inspires, evolves and endures. Our portfolio of furniture, textile, leather and accessories brands, including Knoll, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck, FilzFelt, Edelman Leather, and HOLLY HUNT, reflects our commitment to modern design that meets the diverse requirements of high performance offices and luxury interiors. A recipient of the National Design Award for Corporate and Institutional Achievement from the Smithsonian's Cooper-Hewitt, National Design Museum, Knoll is aligned with the U.S. Green Building Council and the Canadian Green Building Council and can help organizations achieve Leadership in Energy and Environmental Design LEED workplace certification. Knoll is the founding sponsor of the World Monuments Fund Modernism at Risk program.
Investors:
Media:
Craig B. Spray
David E. Bright
Senior Vice President and Chief Financial Officer
Senior Vice President, Communications
215 679-1752
212 343-4135
cspray@knoll.com
dbright@knoll.com

text: Knoll

text: HOLLY HUNT

text: Knoll, Inc.

text: Holly Hunt Enterprises, Inc.

text: Knoll, Inc.

text: HOLLY HUNT

text: Holly Hunt Enterprises, Inc.

text: Knoll

text: Knoll

text: Knoll

text: Holly Hunt

text: Holly Hunt

text: Knoll

text: Knoll

text: Knoll

text: HOLLY HUNT

text: Holly Hunt

text: HOLLY HUNT

text: Holly Hunt

text: HOLLY HUNT

text: Knoll

text: Knoll

text: HOLLY HUNT

text: HOLLY HUNT

text: Knoll

text: HOLLY HUNT

text: Knoll

text: Knoll

text: HOLLY HUNT

text: Knoll, Inc.

text: Knoll

text: Knoll

text: Knoll

text: HOLLY HUNT

text: Knoll

text: Knoll


text:
EX-99.1
2
dex991.htm
PRESS RELEASE
Press Release
Exhibit 99.1
Transcend Services, Inc.
Press Release Dated February 1, 2005
(Two pages follow)
FOR IMMEDIATE RELEASE
Contact:
Larry Gerdes, CEO, larry.gerdes@trcr.com
404-364-8000
February 1, 2005
(BW) (TRANSCEND SERVICES, INC.)(TRCR)
TRANSCEND ACQUIRES MEDICAL DICTATION, INC.
MDI will continue to operate as
a wholly-owned subsidiary of Transcend
Atlanta, Georgia, TRANSCEND
SERVICES, INC. (TRCR/Nasdaq SmallCap) today announced the acquisition of Medical Dictation, Inc. ("MDI"), a Florida-based medical transcription service company, on January 31, 2005 in a stock purchase transaction to be accounted for as a
purchase.
MDI, which is located near Tampa in Brooksville, Florida, recorded
unaudited profitable operations on revenue of approximately $6.3 million in 2004. Transcend paid $4.8 million for all of the stock of MDI. The purchase price consisted of $1.0 million cash paid at closing; 96,775 shares of Transcend's common
stock, par value $0.05, with a fair market value of $300,000 issued at closing; and a 5% promissory note of $3.5 million payable in equal annual installments of principal plus accrued interest on each of the first three anniversary dates after
closing. Transcend expects this transaction to be accretive to its internal projections of earnings per share for each quarter in 2005.
On January 31, 2005, Transcend expanded its existing line of credit from $1.0 million to $1.5 million and extended the maturity of this line of credit from April 30, 2005
to April 30, 2006 to facilitate funding the cash portion of the purchase price for MDI.
MDI will continue to operate as a wholly-owned subsidiary of Transcend. MDI's customers will be afforded the opportunity to utilize Transcend's state-of-the-art, Internet-based dictation, transcription and distribution platform,
including its recently announced speech recognition functionality called BeyondTXT, if and when it is practical for them to do so.
Susan McGrogan, President and Chief Executive Officer of MDI, commented that: "Our merger with Transcend makes MDI a stronger company that is better able to serve
its growing base of customers by leveraging Transcend's infrastructure of people and technology to support MDI's dedicated group of professionals".
Larry Gerdes, Chief Executive Officer of Transcend, stated that: "Transcend and MDI are an excellent fit. The merger of Transcend and
MDI enables us to leverage MDI's excellent reputation in a marketplace not currently served by Transcend and to utilize Transcend's infrastructure to better serve both MDI's existing customers and the new customers of the combined
companies. Transcend welcomes MDI's valued employees to the Transcend family. Transcend is particularly pleased that both co-founders of MDI, Sue McGrogan and Liz McGrogan, intend to continue to work with MDI and Transcend in key customer
service and sales positions to help us achieve our mutual goals of enhancing the satisfaction levels of our customers, employees and stockholders".
About Transcend Services, Inc.
Transcend believes that accurate, reliable and timely transcription creates the foundation for the patient medical record. To this end, the
Company has created Internet-based voice-to-text systems that allow its skilled medical language specialists to securely and quickly produce the highest quality medical documents. The Company's wide range of transcription services encompass
everything needed to securely receive, type, format and distribute electronic copies of physician-dictated medical documents, from overflow projects to complete transcription outsourcing and custom data-center creation packages.
For more information, visit http://www.transcendservices.com.
This press release contains "forward-looking statements" within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended, Section 27A of the Securities Act of 1933, as amended and pursuant to the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may relate to financial
results and plans for future business activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or
implied by such forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competitive pressures, loss of significant customers, the mix of
revenue, changes in pricing policies, delays in revenue recognition, lower-than-expected demand for the Company's products and services, business conditions in the integrated health care delivery network market, general economic conditions, and
the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission. Any forward-looking statements are made pursuant to the Private Securities Litigation
Reform Act of 1995 and, as such speak only as of the date made.

text: Transcend Services, Inc.

text: Larry Gerdes

text: TRANSCEND SERVICES, INC.

text: TRANSCEND

text: MEDICAL DICTATION, INC.

text: Transcend

text:
TRANSCEND
SERVICES, INC.

text: Medical Dictation, Inc.

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Larry Gerdes

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend

text: Transcend Services, Inc.

text: Transcend


text:
EX-99
2
legendpr_63009edgar.htm
PRESS RELEASE ATTACHMENT
Converted by EDGARwiz
Exhibit 99
For Release: June 30, 2009
Contact: Roger R. Hopkins, Chief Accounting Officer
Phone: (615) 890-9100
NHI announces $55.5 million purchase/leaseback transaction
MURFREESBORO, Tenn. - National Health Investors, Inc. (NYSE:NHI) announced today a $55.5 million purchase/leaseback transaction involving four Texas skilled nursing facilities with 595 beds owned by affiliates of Legend Healthcare, LLC, a privately-owned company ("Legend"). The average age of the facilities is 5 years. Legend is currently a lease customer of NHI and specializes in the operation of transitional care and skilled nursing facilities. Three of the four facilities were purchased by NHI on June 30, 2009, for a total of $39.7 million, with the fourth facility expected to be purchased by NHI for $15.8 million no later than August 1, 2009. The purchases are funded from NHI's accumulated cash liquidity. The four facilities are being leased to Legend over 15 years at an initial lease rate of 10% plus annual increases. Legend has the option after 7 years to purchase the facilities.
"This transaction is representative of the execution of our business strategy which is focused on investing in high- quality real estate assets with a solid return to NHI shareholders", stated Andy Adams, NHI Chairman and CEO.
Justin Hutchens, NHI President and COO stated, "We are delighted to expand our business relationship with Legend Healthcare. Their operations continue to demonstrate excellent patient care delivery and strong financial performance".
National Health Investors, Inc. is a health care real estate investment trust that specializes in the financing of healthcare real estate by first mortgage and by purchase and leaseback transactions. The common stock of the company trades on the New York Stock Exchange with the symbol NHI. Additional information including NHI's most recent press releases may be obtained on NHI's web site at
www.nhinvestors.com
.
Statements in this press release that are not historical facts are forward-looking statements. NHI cautions investors that any forward-looking statements may involve risks and uncertainties and are not guarantees of future performance. All forward-looking statements represent NHI's judgment as of the date of this release.

text: NHI

text: National Health Investors, Inc.

text: NHI

text: Legend Healthcare, LLC

text: NHI

text: NHI

text: NHI

text: NHI

text: NHI

text: NHI

text: NHI

text: National Health Investors, Inc.

text: NHI

text: NHI

text: NHI

text: NHI

text: NHI


text:
EX-99.1
3
a10-13358_2ex99d1.htm
EX-99.1
Exhibit 99.1
Primoris Services Corporation Announces Strategic Investment
in WesPac Energy LLC
LAKE
FOREST, Calif., Jul 1, 2010 - Primoris Services Corporation (Nasdaq:PRIM)
(Nasdaq:PRIMW) ("Primoris" or "Company") today announced that it has completed
a strategic investment in WesPac Energy LLC ("WesPac"), a general energy
infrastructure developer, which the company believes will broaden its exposure
to a variety of pipeline, terminal, and energy-related infrastructure
opportunities across North America. Primoris's investment totaled approximately
$18 million in cash in exchange for a 50% ownership interest in WesPac.
Founded
in 1998 and based in Irvine, California, WesPac has extensive experience in
developing pipeline and terminal projects in the United States, Canada and
Mexico. WesPac creates long-term economic solutions for its customers and
partners by expanding or enhancing existing infrastructure, and supporting
supply-chain management, most notably in the areas of pipeline transportation
and storage inefficiencies. WesPac's project portfolio includes:
· pipelines for
petroleum products, crude oil, condensate, CO2, LPG, and other energy-related
transportation products;
· petroleum
products terminals (primarily storage and distribution) for transportation-type
fuels, which normally include related infrastructure to receive or deliver
products by truck, pipeline, rail, or ship. WesPac has extensive experience in
converting regional airport fuel supply systems from truck supply programs to
more efficient and environmentally-friendly pipeline based systems; and
· energy related
facilities development, including origination, site selection, permitting,
rights of way acquisition, conceptual engineering, and project management.
Brian
Pratt, Chairman, President and Chief Executive Officer of Primoris, commented, "We
believe this will be a synergistic relationship and a long-term strategic
investment for Primoris. WesPac now has the ability to lever our 60 years of
experience in the construction of liquid transportation infrastructure, our
expanded national footprint, and our financial strength to capture and help
finance new opportunities. Primoris will be in a position to benefit from a new
stream of project opportunities and the ability to work with a group of
best-in-class professionals with whom our various subsidiaries have
successfully collaborated for decades. WesPac is currently in the advanced
stages of pre-funding and pre-construction activities for several projects that
could present opportunities for Primoris and its subsidiaries as soon as 2011".
Dave
Smith, President of WesPac, stated, "Our track record of successfully
developing, financing and constructing transportation and terminal related
projects, combined with the energy infrastructure experience of Primoris, will
strengthen our market presence by deepening the resources at our disposal and
aligning WesPac with a proven and trusted name. We believe that this agreement
with Primoris will elevate our industry profile and provide us with the ability
to expand our development activities. We look forward to a long and mutually
beneficial relationship".
About
Primoris
Primoris,
through various subsidiaries, is one of the largest specialty contractors and
infrastructure companies in the United States. Serving diverse end markets,
Primoris provides a wide range of construction, fabrication, maintenance and
replacement services, as well as engineering services to major public
utilities, petrochemical companies, energy companies, municipalities and other
customers. With the recent acquisition of James Construction Group, Primoris
has a significant presence in the Gulf States region where it provides heavy
civil construction services. Primoris is also a leading water and wastewater
contractor in the state of Florida, and a specialist in designing and
constructing complex commercial and industrial concrete structures in
California. For additional information on Primoris, please visit www.prim.com.
Forward-Looking
Statements
This
press release contains certain forward-looking statements, including with
regard to the Company's future performance. Words such as "estimated", "believes,"
"expects", "projects", "may", and "future" or similar expressions are intended
to identify forward-looking statements. Forward-looking statements inherently
involve risks and uncertainties, including without limitation, those described
in this press release and those detailed in the "Risk Factors" section and
other portions of our Annual Report on Form 10-K for the year ended December 31,
2009 and other filings with the Securities and Exchange Commission, including
the Company's Form 10-Q filed on May 10, 2010. Primoris does not
undertake any obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as may be required under applicable securities laws.
CONTACT:
Primoris Services Corporation
Peter J. Moerbeek,
Executive Vice President, Chief Financial Officer
949) 454-7121
pmoerbeek@prim.com
The Equity Group Inc.
Devin Sullivan,
Senior Vice President
212) 836-9608
dsullivan@equityny.com
Gerrard Lobo,
Senior Account Executive
212) 836-9610
globo@equityny.com

text: Primoris Services Corporation

text: WesPac Energy LLC

text: Primoris Services Corporation

text: Primoris

text: WesPac Energy LLC

text: Primoris

text:
Brian
Pratt

text: Primoris

text: Primoris

text: Primoris

text: Primoris

text:
Dave
Smith

text: Primoris

text: Primoris

text: Primoris

text: Primoris

text: Primoris

text: Primoris

text: Primoris

text: Primoris

text: Primoris

text: Primoris Services Corporation


text:
EX-99.1
13
ex991sweetwater_pr.htm
EXHIBIT 99.1
Exhibit
EXHIBIT 99.1
18100 Von Karman Avenue
Suite 500
Irvine, CA 92612
949.852.0700
NEWS RELEASE
Contact:
Jennifer Franklin
Phone:
949.333.1721
Email:
jfranklin@steadfastcmg.com
STEADFAST APARTMENT REIT III, INC.
ACQUIRES ATLANTA-AREA ASSET FOR $32.4 MILLION
IRVINE, Calif., Jan. 18, 2017 - Steadfast Apartment REIT III, Inc. (STAR III) added to its apartment portfolio with its fourth acquisition, Reflections on Sweetwater, a 280-apartment-home community located in the Northeast Atlanta submarket of Lawrenceville, that was purchased for $32.4 million.
"The Atlanta area fits well into our investment strategy of purchasing mid-tier properties in growing communities", stated Ella Neyland, president of Steadfast Apartment REIT III. "While Reflections on Sweetwater is our first Atlanta Metro acquisition for STAR III, it is the seventh Atlanta-area property acquired by the various Steadfast REITs".
Completed in 1996, Reflections on Sweetwater includes 11 three- and four-story buildings with one-, two- and three-bedroom apartment homes that average 933 square feet. In-place rents average $965 per month and the community is currently 95.7 percent occupied.
STAR3-PR18-0117
The community's amenities include a resort-style pool with spacious sundeck, 24-hour fitness center, playground, clubhouse with resident lounge, outdoor BBQ grills, business center, lighted tennis-courts, walking trail, on-site lake, car-washing station and detached garage parking. Every apartment home in the community features nine-foot ceilings, washer/dryer connections, crown molding, built-in bookshelves, breakfast bars, ceiling fans and private balconies or patios.
Approximately half of the apartment homes were renovated by the previous owner to include an upgraded appliance package, faux-granite countertops, new plumbing fixtures and upgraded lighting. As part of the Steadfast Value Enhancement Strategy, STAR III plans to renovate and paint the remaining units when turning the apartments between residents, as well as adding faux-wood blinds to all the apartment homes.
Located in central Lawrenceville, 20 miles northeast of downtown Atlanta, the community offers direct access to Atlanta's premier employers, including Cisco Systems, Kaiser Permanente, Primerica, Inc., and the Gwinnett County Government. Reflections is also located near some of the largest malls in the Southeast, including Sugarloaf Mills and Gwinnett Place Mall.
STAR III believes the Atlanta area is well-positioned for long-term success as it continues to benefit from its diverse range of industries and was recently ranked "#1 Moving Destination" by Penske, as well as "The #5 Metro for Best Places for Business and Careers" by Forbes.
With the acquisition of Reflections on Sweetwater, STAR III has now invested approximately $132 million in multi-family properties in Colorado, Georgia, Illinois and Texas.
About Steadfast Apartment REIT III Steadfast Apartment REIT III intends to acquire a diverse portfolio of middle-market apartments and senior living facilities located throughout the United States.
STAR3-PR18-0117
STAR III is sponsored by Steadfast REIT Investments, LLC, an affiliate of Steadfast Companies, an Orange County, Calif.-based group of affiliated real estate investment and operating companies that acquire, develop and manage real estate in the U.S. and Mexico.
This release contains certain forward-looking statements. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of STAR III's prospectus and other reports filed with the Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and the company undertakes no obligation to update any such statements that may become untrue because of subsequent events. Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES.
###
STAR3-PR18-0117

text: STEADFAST APARTMENT REIT III, INC.

text: Steadfast Apartment REIT III, Inc.

text: STAR III

text: Ella Neyland

text: STAR III

text: STAR III

text: STAR III

text: STAR III

text: STAR III

text: STAR III