text:
EX-99.1
3
ex_118225.htm
EXHIBIT 99.1
ex_118225.htm
Exhibit 99.1
NEWS RELEASE
HECLA COMPLETES ACQUSITION OF KLONDEX MINES LTD.
FOR IMMEDIATE RELEASE
July 23, 2018
COEUR D'ALENE, IDAHO and VANCOUVER, BC -- Hecla Mining Company (
NYSE:HL
) (Hecla) and Klondex Mines Ltd. (NYSE American:KLDX; TSX:KDX) (Klondex) today announced that Hecla's acquisition of Klondex is complete.
"With this acquisition, Hecla now has three high-grade mines in Nevada, one of the best mining districts in the world", said Phillips S. Baker, Jr., President and CEO. "These assets immediately add production and cash flow, and because they are a good fit with Hecla's expertise, we believe there is significant opportunity for improvement in the mines' productivity and consistency".
"We welcome the former Klondex shareholders and employees to Hecla, as we continue to grow into the largest and strongest Company in its long history", Mr. Baker added.
Hecla acquired the outstanding common shares of Klondex for approximately US$153 million and 75 million shares of Hecla common stock extinguishing all rights to acquire Klondex common shares. Klondex shareholders who elected to receive share consideration will receive 0.6272 of a Hecla share in exchange for their Klondex shares. Klondex shareholders who elected to receive combined cash and share consideration or who failed to file an election on a timely basis will receive the combination consideration of US$0.8411 in cash and 0.4136 of a Hecla share in exchange for their Klondex shares. Klondex shareholders who elected to receive cash consideration were subject to proration and will receive US$0.8867 in cash and 0.4020 of a Hecla share in exchange for their Klondex shares. Klondex shareholders will also receive 0.125 of a common share of Havilah Mining Corporation (Havilah), a newly-formed entity that will retain Klondex's Canadian operations, as part of the consideration received in exchange for each of their Klondex shares.
Havilah has been approved to list its common shares on the TSX Venture Exchange, with trading expected to commence at market open on July 25, 2018. Klondex has also received approval to delist its common shares from the Toronto Stock Exchange, expected to occur at the opening of trading on or about July 25, 2018. Klondex shares are expected to be delisted from the NYSE American Stock Exchange prior to the opening of trading on July 23, 2018.
As part of the transaction, Hecla subscribed for 3,539,332 common shares of Havilah, on a private placement basis at a price of C$2.61 per share for a gross purchase price of C$9,242,800 (being the Canadian dollar equivalent of US$7 million). The shares of Havilah acquired by Hecla represent 13.46% of the outstanding common shares of Havilah, after giving effect to the subscription. The common shares were acquired for investment purposes by Hecla. Hecla does not have any present intention to acquire ownership of, or control over, additional securities of Havilah. It is the intention of Hecla to evaluate its investment in Havilah on a continuing basis and such holdings may be increased or decreased in the future. For the purposes of Canadian National Instrument 62-103, the address of Hecla is 6500 N. Mineral Drive, Suite 200, Coeur d'Alene, Idaho, 83815, USA.
Hecla Mining Company ● 1-800-432-5291 ●
hmc-info@hecla-mining.com
1
A
BOUT HECLA
Founded in 1891,
Hecla Mining Company (
NYSE:HL
) is a leading low-cost U.S. silver producer with operating mines in Alaska, Idaho and Mexico, and is a growing gold producer with operating mines in Quebec and Nevada. The Company also has exploration and pre-development properties in eight world-class silver and gold mining districts in the U.S., Canada, and Mexico.
Cautionary Statements Regarding Forward Looking Statements
Statements made or information provided in this news release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of Canadian securities laws. Words such as "may", "will", "should", "expects", "intends", "projects", "believes", "estimates", "targets", "anticipates" and similar expressions are used to identify these forward-looking statements. Such forward-looking statements or forward-looking information include statements or information regarding estimates of gold production, revenue, and mine life for Fire Creek, Midas and Hollister, as well as statements concerning the combined company's cash flow and profitability. The material factors or assumptions used to develop such forward-looking statements or forward-looking information include that the Company's plans for development and production will proceed as expected and will not require revision as a result of risks or uncertainties, whether known, unknown or unanticipated, to which the Company's operations are subject.
Forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, metals price volatility, volatility of metals production and costs, litigation, regulatory and environmental risks, operating risks, project development risks, political risks, labor issues, ability to raise financing and exploration risks and results. Refer to the Company's Form 10K and 10-Q reports for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation and has no intention of updating forward-looking statements other than as may be required by law.
For further information, please contact:
Mike Westerlund
Vice President - Investor Relations
800-HECLA91 (800-432-5291)
Investor Relations
Email: hmc-info@hecla-mining.com
Website:
www.hecla-mining.com
Hecla Mining Company ● 1-800-432-5291 ●
hmc-info@hecla-mining.com
2

text: HECLA

text: KLONDEX MINES LTD.

text: Hecla

text: Hecla

text: Klondex Mines Ltd.

text: Klondex

text: Hecla

text: Klondex

text: Hecla

text: Hecla

text: Klondex

text: Hecla

text: Hecla

text: Klondex

text: Hecla

text: Klondex

text: Klondex

text: Hecla

text: Klondex

text: Klondex

text: Hecla

text: Klondex

text: Klondex

text: Hecla

text: Klondex

text: Klondex

text: Klondex

text: Klondex

text: Klondex

text: Klondex

text: Hecla

text: Hecla

text: Hecla

text: Hecla

text: Hecla

text: Hecla

text: Hecla

text: HECLA

text: Hecla

text: Mike Westerlund

text: Hecla


dataset: buster

text:
EX-99
5
sttx8kex99_1.htm
EXHIBIT 99.1
Steel Technologies Inc. - Exhibit 99.1 to Form 8-K (6-1-2007)
NEWS RELEASE
Contact:
Bradford T. Ray
Roger D. Shannon
Chief Executive Officer
Chief Financial Officer
502/245-2110
502/245-2110
STEEL TECHNOLOGIES COMPLETES MERGER WITH MITSUI
Louisville, Ky. (June 1, 2007) -- Steel Technologies Inc.
(NASDAQ: STTX) today announced that the Company has completed its previously
announced merger with Mitsui & Co. (U.S.A.), Inc., a wholly owned subsidiary of
Mitsui & Co., Ltd. (TSE:8031). The Company has notified NASDAQ of the merger's
closing so that it may suspend further trading of Steel Technologies' common
stock as of the end of the current trading day.
Commenting on the announcement, Steel
Technologies' Chief Executive Officer, Bradford T. Ray, said, "We are pleased to
announce the successful completion of our merger with Mitsui. We are excited
about the future of our company, especially with the backing and resources of a
strong strategic owner like Mitsui and the opportunities it affords our
customers, suppliers and employees".
Under the terms of the merger agreement, Steel
Technologies' shareholders will receive $30 per share in an all-cash
transaction. The Company has appointed National City Bank, N.A. as paying agent
for the merger consideration. National City Bank will contact shareholders
directly with instructions and letter of transmittal forms for the surrender of
stock certificates. Shareholders should not send forms and/or stock
certificates to Steel Technologies, as this will only delay receipt of their
cash payment. For more information concerning the process for obtaining payment
for their shares, shareholders should contact National City Bank Shareholder
Services at 1-800-622-6757.
Steel Technologies processes flat-rolled steel to
specific thickness, width, temper, finish and shape requirements for automotive,
appliance, lawn and garden, office furniture, agriculture, construction,
hardware, and consumer goods. The Company operates 24 facilities, including its
joint venture operations, located throughout the United States, Mexico and
Canada. More information about the Company may be found on the World Wide Web
at
www.steeltechnologies.com
.
Statements contained in this release, which are not historical facts, are
forward-looking statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are subject to
risks and uncertainties (contained in the Company's Securities and Exchange
Commission filings), which could cause actual results to differ materially from
those projected. SEC filings may be obtained from the SEC or by contacting the
Company.
-END-

label: organization

text: Steel Technologies Inc.

text: STEEL TECHNOLOGIES

text: MITSUI

text: Steel Technologies Inc.

text: Mitsui & Co.

text: Mitsui & Co.

text: Steel Technologies

text:
Steel
Technologies

text: Mitsui

text: Mitsui

text:
Steel
Technologies

text: Steel Technologies

text: Steel Technologies

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
3
ex-99_1.htm
EX-99.1
Exhibit 99.1
Resort Savers, Inc.'s Wholly Owned Shenzhen Subsidiary to Acquire 51% Interest in Beijing Yandong Tieshan Oil Products Co., Ltd.
SHENZHEN, China, February 1, 2016 - Resort Savers, Inc. (OTCQB: RSSV) (the "Company"), a strategic investment and development company, today announced that the Company entered into an Exchange Agreement on January 29, 2016 (the "Exchange Agreement") with Yang Baojin, a citizen of the People's Republic of China, and the president and majority owner of Beijing Yandong Tieshan Oil Products Co., Ltd., a corporation organized under the laws of the People's Republic of China ("BYTOC"), and Huaxin Changrong (Shenzhen) Technology Service Co., Ltd., a corporation organized under the laws of the People's Republic of China ("Shenzhen"), which is a newly wholly owned subsidiary of the Company's wholly owned subsidiary, Xing Rui International Investments Holding Group Co., Ltd., a Seychelles corporation.
Under the Exchange Agreement, at the closing of the transactions thereunder, the Company will issue 6,000,000 shares of its Common Stock to Mr. Baojin, and Mr. Baojin shall transfer to Shenzhen an ownership interest in BYTOC such that Shenzhen will own a 51% interest in BYTOC (the "Exchange").
The transactions under the Exchange Agreement closed on January 29, 2016.
More details on the Share Exchange are available in the Company's filings with the Securities and Exchange Commission, which may be accessed here:
http://www.sec.gov/cgi-bin/browse-edgar?company=resort+savers&owner=exclude&action=getcompany
.
About Resort Savers, Inc.
Resort Savers, Inc. is a strategic acquisition and development company focused on identifying and acquiring high demand, revenue-generating assets. The Company is currently developing and investing in the oil and gas industry and real estate development. For more information on Resort Savers, Inc. please visit
http://www.resortsaversinc.com
.
Forward-Looking Statements
Except for the historical matters contained herein, this release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. This release should be read in conjunction with Resort Savers' Annual Report on Form 10-K and its other filings with the U.S. Securities and Exchange Commission through the date of this release, which identifies important factors that could affect the forward-looking statements in this release.
Contact:
Resort Savers, Inc.
Rex Cheung
zhou@resortsaversinc.com
+1 (754) 800-4429

text: Resort Savers, Inc.

text: Resort Savers, Inc.

text: BYTOC

text: BYTOC

text: BYTOC

text: Resort Savers, Inc.

text: Resort Savers, Inc.

text: Resort Savers, Inc.

text: Resort Savers, Inc.


text:
EX-99.13
23
iagm_ex9914.htm
PRESS RELEASE
iagm_ex9914.htm
EXHIBIT 99.13
InterAmerican Gaming Inc.
OTCBB: IAGM
May 02, 2012 08:00 ET
IAG Engages Xtreme Labs to Commercialize the SoFit Platform
TORONTO, ONTARIO--(Marketwire - May 2, 2012) -
InterAmerican Gaming Inc.
(OTCBB:IAGM) ("IAG" or "the Company"), a company developing "SoFit" - a new social gaming platform that empowers individuals to improve their health and fitness, is pleased to announce it has partnered with
Xtreme Labs Inc.
("Xtreme Labs"), an award winning mobile strategy and development agency, to commercialize the SoFit platform. IAG management will work closely with Xtreme Lab's engineers, designers, and product leaders while continuing to develop SoFit's mobile products in preparation for launch in the coming months.
Xtreme Labs works with the world's leading companies to plan and execute their mobile strategy. As experts in agile mobile development, Xtreme Labs produces elite, end-to-end solutions across all major mobile platforms. Xtreme Labs has a proven track record of success in delivering innovative solutions across hundreds of global products, having worked with such leading brands as Groupon, Virgin Mobile, and Life Fitness.
Mr. Joe Mingail, VP & GM of IAG, stated, "We are delighted to be partnered with a truly renown global mobile leader in Xtreme Labs. This is a great opportunity to collaborate with some of the industry's most entrepreneurial and successful engineers in such an innovative and dynamic environment. We look forward to cultivating this relationship in the months to come as we ready our mobile products for a summer 2012 launch".
About IAG and SoFit
IAG is a digital technology company that develops socially disruptive technologies. IAG builds industry defining businesses through a combination of organic growth and acquisitions. IAG's first product (SoFit) is focused on the mobile health and fitness industry.
1
SoFit
is a new social gaming platform that empowers individuals to improve their health and fitness. SoFit products include integrated mobile applications and complementary wireless devices that fuse the on and offline worlds. Products are currently in development and are expected to launch in the summer of 2012.
Signup for the SoFit invite list at
sofitmobile.com
to be the first to know about release dates, product details, and special promotions.
For more information and to stay engaged with SoFit "follow" us on Twitter @
sofitmobile
and "like" us on Facebook @
facebook.com/sofitmobile
.
Forward-looking Statements
Note: This press release contains "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. InterAmerican Gaming Inc. cannot provide assurances that the matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company's ability to retain key management and employees; intense competition and the company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in InterAmerican Gaming Inc. SEC filings. InterAmerican Gaming Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with InterAmerican Gaming Inc.'s business, please refer to the risks and uncertainties detailed from time to time in InterAmerican Gaming Inc.'s SEC filings.
2
This release does not constitute an offer for sale of securities.
Contact Information
Investor Inquiries
Circadian Group: Tyler M. Troup
Toll Free: 1-866-865-2780
Tyler@Circadian-Group.com
Circadian Group: Ryan Troup
Toll Free: 1-866-865-2780
Ryan@Circadian-Group.com
www.Circadian-Group.com
Due Diligence Portal:
http://www.circadian-group.com/iagm.html
3

text: InterAmerican Gaming Inc.

text: InterAmerican Gaming Inc.

text: Xtreme Labs Inc.

label: person

text: Joe Mingail

text: InterAmerican Gaming Inc.

text: InterAmerican Gaming Inc.

text: InterAmerican Gaming Inc.

text: InterAmerican Gaming Inc.

text: InterAmerican Gaming Inc.


text:
EX-99.1
4
a10-14052_1ex99d1.htm
EX-99.1
Exhibit 99.1
For Immediate Release
NR 10-0703
Contact: Paul Gennaro
SVP & Chief
Communications Officer
212.973.3167
Paul.Gennaro@aecom.com
Online Press Kit: http://aecom.presslift.com/media
AECOM acquires Tishman Construction
Corp. in US$245-million transaction
Expands AECOM's capabilities, presence in
US$100-billion global construction management market
LOS ANGELES (July 14, 2010) -
AECOM Technology Corporation (NYSE: ACM), a leading provider of professional
technical and management support services for government and commercial clients
around the world, announced today that it has acquired Tishman Construction
Corp., a leading provider of construction management services in the United
States and the United Arab Emirates, in a US$245-million transaction.
"The addition of Tishman to the
AECOM enterprise reflects our commitment to execute on our stated strategy of
growth and diversification", said AECOM President and Chief Executive Officer,
John M. Dionisio. "We are expanding our
portfolio of global expertise and enhancing our ability to meet the growing
customer demand for turnkey solutions, including integrated design, engineering
and construction services".
"This transaction allows AECOM to expand
its mix of higher-margin construction management/program management business -
a market estimated to be in excess of US$100 billion globally by
Engineering New-Record
- without materially increasing its
overall risk profile".
"This is a unique opportunity that
combines two best-in-class industry leaders to form a fully integrated global
platform capable of delivering the full suite of services - from project
concept to completion", Dionisio said.
"AECOM is joining forces with a premier construction management services
firm in Tishman, which is a true leader, and a powerful brand, in the
industry."
Tishman specializes in providing
construction management services, but also provides program management and
other construction-related services. It
serves public and private-sector clients in a variety of markets, including
arts and culture, commercial, education, gaming, health care, hospitality,
residential, retail, technology and transportation. This strategic addition to the AECOM
enterprise results in an increased global presence and bolstered resources for
integrated delivery of mega-projects.
Tishman has 900 employees across the United States and in the United
Arab Emirates and generated revenues of nearly US$1 billion in 2009.
"Joining AECOM is the logical next
step in the continued growth and success of Tishman, allowing us to expand our
reach globally and seize new opportunities as part of the worldwide AECOM team,"
said Tishman Chairman and Chief Executive Officer, Dan Tishman, who will
continue to head Tishman's operations and joins AECOM's leadership team as a
vice chairman and a member of its board of directors. "We have worked in partnership with AECOM for
many years and now look forward to Tishman becoming the cornerstone of AECOM's
construction management practice as well as offering our people the expanded
professional development opportunities associated with being part of a global
industry leader. We are excited about
the tremendous possibilities on the horizon for our clients and our employees".
-more-
Tishman is currently engaged in a
number of noteworthy projects, including 1 World Trade Center, which, on
completion, at 1,776 feet will be New York City's tallest building; World Trade
Center Tower 4 and the PATH Terminal Hub at the World Trade Center; the Food
and Drug Administration's 5.5-million-square-foot headquarters project in
Washington, D.C.; and the Angsana Resort and Spa in Abu Dhabi. Tishman, in a joint venture with AECOM, is
currently serving as construction manager for phase 1 of the Department of
Homeland Security's new headquarters on the St. Elizabeths campus in
Washington, D.C.
"With a 112-year history of
construction experience and a sterling reputation for work on marquee projects,
Tishman is now well-positioned as part of our global platform to address
growing demand for turnkey project delivery", Dionisio added. "We are delighted to welcome Tishman's
employees to AECOM, and we look forward to the new opportunities ahead".
The transaction will be paid in cash
and AECOM common stock. AECOM will
finance the cash portion of the transaction with cash from its balance sheet
which includes proceeds from its recently announced US$250-million debt
issuance. The transaction closed on July 14,
2010.
About AECOM
AECOM (NYSE: ACM) is a global
provider of professional technical and management support services to a broad
range of markets, including transportation, facilities, environmental, energy,
water and government. With approximately 45,000 employees around the world,
AECOM is a leader in all of the key markets that it serves. AECOM provides a
blend of global reach, local knowledge, innovation, and technical excellence in
delivering solutions that enhance and sustain the world's built, natural, and
social environments. A
Fortune 500
company,
AECOM serves clients in more than 100 countries and had revenue of $6.3 billion
during the 12-month period ended March 31, 2010. More information on AECOM
and its services can be found at www.aecom.com.
About Tishman Construction Corp.
Tishman Construction Corp. is a
112-year old, privately held company headquartered in New York City with 900
employees across the United States and in the United Arab Emirates, and has
overseen more than 450 million square feet of construction. Tishman ranks #2 in the nation on
Building Design and Construction
's Top Construction Managers
list. Signature projects include the original World Trade Center; the original
and rebuilt 7 World Trade Center; Disney's Epcot Center; MGM's CityCenter, an
18 million-square-foot hotel, casino and retail complex in Las Vegas; the
Boston Convention Center; One Bryant Park in New York, which is the first LEED
Platinum skyscraper in the world; the John Hancock Tower in Chicago; Century
City in Los Angeles; and the American Pharmacists Associations Headquarters in
Washington, D.C. More information about
Tishman is available online at www.tishmanconstruction.com.
Forward-Looking
Statements: All statements in this press release other than statements of
historical fact are "forward-looking statements" for purposes of federal and
state securities laws, including any statements of plans for future operations
or expected revenue. Actual results could differ materially from those
projected or assumed in any of our forward-looking statements. Important
factors that could cause actual results to differ materially from our
forward-looking statements are set forth in our quarterly report on Form 10-Q
for the fiscal quarter ended March 31, 2010, and our other reports filed
with the U.S. Securities and Exchange Commission. AECOM does not intend, and
undertakes no obligation, to update any forward-looking statement.
###
2

text: AECOM

text:
Tishman Construction
Corp.

text: AECOM

text: AECOM Technology Corporation

text:
Tishman Construction
Corp.

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: AECOM

text: Tishman Construction Corp.

text: Tishman Construction Corp.

text: AECOM


text:
EX-99.1
2
ex991.txt
PRESS RELEASE
Exhibit 99.1
FOR IMMEDIATE RELEASE
For Further Information
Contact: Angela D. Toppi
Executive Vice President & CFO
203.642.5903
TRANS-LUX REPORTS SALE OF ENTERTAINMENT DIVISION
NORWALK, CT, July 21, 2008 - Trans-Lux Corporation (AMEX: TLX), a leading
supplier of programmable electronic information displays and operator of
cinemas, announced today that the company has sold its Entertainment division
as planned to private equity firm Marwit Capital of Newport Beach, CA effective
July 15th. Jesup & Lamont Securities Corporation acted as exclusive financial
advisor for the Company in connection with this transaction. It is anticipated
that Stephen J. DeGroat, former Chairman and CEO of Jesup & Lamont will continue
advising on a non-exclusive basis on certain financial matters to assist in the
Company's future growth plan for the Display Division.
The assets of the Entertainment division sold included 10 theatres and 69
screens in New Mexico, Colorado, Arizona and Wyoming. The purchase price of
$24.5 million includes the assumption of approximately $16.7 million in debt,
and with potential additional purchase price of up to $2.3 million based on the
performance of increased theatre operations at the DreamCatcher Cinema, which
was expanded from a six-plex to a 10-plex in May 2008. Marwit Capital also has
a six-month option to purchase raw land from the Company in Silver City,
New Mexico. Matthew Brandt and Thomas Brandt, executive officers of the
Company, will become full time officers of the Buyer managing the theatre
business purchased. The Company has agreed not to compete in the theatre
business in the Western states of the United States for five years and has
licensed the name "Trans-Lux Theatres" in connection with such movie theatre
circuit. The Company has received an opinion from an independent third party
that the transaction is fair to the stockholders of the Company from a financial
point of view. The net proceeds of the sale are being utilized to prepay long-
term debt of the Company to People's United Bank.
Trans-Lux / 2
Trans-Lux is a full service, worldwide leader in the design, manufacture,
installation and service of large-scale indoor and outdoor LED electronic
display systems for applications in the financial, banking, gaming,
advertising, corporate, retail, transportation, entertainment and sports
industries. For more information, please visit our web site at
www.trans-lux.com.
###
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995
The Company may, from time to time, provide estimates as to future
performances. These forward-looking statements will be estimates and may or
may not be realized by the Company. The Company undertakes no duty to update
such forward-looking statements. Many factors could cause actual results to
differ from these forward-looking statements, including loss of market share
through competition, introduction of competing products by others, pressure on
prices from competition or purchasers of the Company's products, interest rate
and foreign exchange fluctuations, terrorist acts and war.

text: TRANS-LUX

text: ENTERTAINMENT DIVISION

override: organization

text: Trans-Lux Corporation

text: Entertainment division

label: fund

text: Marwit Capital

override: fund

text: Jesup & Lamont Securities Corporation

text: Entertainment division

text: Marwit Capital

text: Trans-Lux

text: Trans-Lux

text: Trans-Lux


text:
EX-99.1
20
exhibit991.htm
EXHIBIT 99.1
FEDERATED DEPARTMENT STORES, INC.
Contacts:
Media - Jim Sluzewski
513/579-7764
Investor - Susan Robinson
513/579-7780
FOR IMMEDIATE RELEASE
FEDERATED COMPLETES MERGER WITH MAY COMPANY
CINCINNATI, OHIO, August 30, 2005 -- Federated Department Stores, Inc. today announced it has completed its merger with The May Department Stores Company. The merger became effective prior to the opening of trading this morning on the New York Stock Exchange.
Under terms of the merger agreement, May Company shareholders as of the time of merger on Aug. 30, 2005, will receive $17.75 in cash and 0.3115 shares of Federated common stock for each share of May Company common stock.
"Today is a landmark day in the history of our company. Two great organizations have come together, and we see tremendous opportunity ahead", said Terry J. Lundgren, Federated's chairman, president and chief executive officer. "We see opportunity to bring distinctive fashion and affordable luxury to our customers, opportunity for our people to grow and develop, opportunity to increase shareholder value, and opportunity to be a stronger partner for our communities.
"We will be meeting with the May Company organization and continuing to learn more about its business so we can make the best possible long-term decisions", Lundgren said. "In the short term, we are firmly focused on serving customers and delivering results through the holiday selling season".
Federated expects to operate all May Company stores under their existing nameplates at least through the end of 2005. Conversion of most May Company locations to the Macy's nameplate is expected in fall 2006, consistent with Federated's announcement of July 28. Also as previously announced, divestiture of duplicate May Company and Macy's locations will begin in 2006.
The company reiterated its pledge to May Company associates that there will be no workforce reductions or job eliminations as a result of the merger prior to March 1, 2006.
Consistent with previous announcements, a cash dividend of 25 cents per share will be paid on
Oct. 3, 2005, to Federated shareholders of record as of the close of business on Aug. 29, 2005. A cash dividend of 24.5 cents will be paid on Sept. 15, 2005, to May Company shareholders of record as of the close of business on Aug. 29, 2005.
The company said it has identified an additional seven duplicate stores in California, New York and Massachusetts it intends to divest in 2006. As described in Federated's news release of July 28, 2005, the company has continued to review its portfolio of stores. These additional locations were identified for divestiture in conjunction with discussions with state regulatory agencies reviewing the merger and are subject to certain conditions. They are:
Filene's in Cape Cod Mall in Hyannis, MA (81,000 square feet; 207 employees; opened in 1970).
Lord & Taylor in Walt Whitman Mall in Huntington Station, NY (120,000 square feet; 218 employees; opened in 1998).
Lord & Taylor in South Shore Mall in Bay Shore, NY (125,000 square feet; 186 employees; opened in 1998).
Macy's West in Fashion Island in Newport Beach, CA (83,000 square feet, 169 employees, opened in 1995).
Macy's West in Simi Valley Town Center in Simi Valley, CA (107,000 square feet; scheduled to open in October 2005). Macy's intends to open and support this store until divestiture, as well as to fulfill its lease obligation.
Macy's West in Westminster Mall in Westminster, CA (175,000 square feet; 216 employees; opened in 2002).
Macy's West's men's/home store in The Promenade in Woodland Hills, CA (81,000 square feet; 150 employees; opened in 1993). Following this divestiture, men's and home merchandise will be integrated into the remaining Macy's in that mall.
These seven locations join a list of 68 stores nationwide that Federated announced on July 28 it intends to divest as part of a plan to convert May Company nameplates nationwide to Macy's. The 75 stores currently identified for divestiture accounted for approximately $2.1 billion in 2004 sales. Federated reiterated its intention to comply with all existing lease and operating agreements.
In addition, Federated confirms that it intends to divest either the Filene's or Macy's East store in downtown Boston. The specific store to be divested has not yet been determined.
Once duplicate stores are divested, their workforces will be integrated into nearby Macy's and/or Bloomingdale's stores. The company expects to employ all management personnel in good standing from all stores and to offer positions to the vast majority of associates.
Federated continues to expect to close in the fiscal third quarter on the previously announced sale of its owned proprietary and Visa credit receivables to Citigroup.
All statements in this press release that are not statements of historical fact are forward-looking statement disclaimers within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of Federated's management and are subject to significant risks and uncertainties. Actual results could differ materially from those expressed in or implied by the forward-looking statements contained in this release because of a variety of factors, including conditions to, or changes in the timing of, proposed transactions, prevailing interest rates, competitive pressures from specialty stores, general merchandise stores, manufacturers' outlets, off-price and discount stores, new and established forms of home shopping (including the Internet, mail-order catalogs and television) and general consumer spending levels, including the impact of the availability and level of consumer debt, the effect of weather and other factors identified in documents filed by the company with the Securities and Exchange Commission.
Federated, with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with 2004 sales of more than $15.6 billion. With the May Company's 487 department stores and 710 bridal and formalwear stores in 47 states, the District of Columbia and Puerto Rico, Federated operates nearly 950 department stores and more than 700 bridal and formalwear stores in 49 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's, Bloomingdale's, Famous-Barr, Filene's, Foley's, Hecht's, Kaufmann's, Lord & Taylor, L.S. Ayres, Marshall Field's, Meier & Frank, Robinsons-May, Strawbridge's, The Jones Store, David's Bridal, After Hours Formalwear and Priscilla of Boston. The company also operates
macys.com
and Bloomingdale's By Mail.
(NOTE: Additional information on Federated, including past news releases, is available at www.fds.com/pressroom)

text: FEDERATED DEPARTMENT STORES, INC.

text: Federated Department Stores, Inc.

text: The May Department Stores Company


text:
EX-99.1
2
v151766_ex99-1.htm
Unassociated Document
Exhibit
99.1
FOR
IMMEDIATE RELEASE
Counsel
Corporation Announces Important Milestones for its Counsel RB Capital
Subsidiary
June 3,
2009 - Toronto, Ontario - Counsel Corporation (TSX:CXS) announced today that
Counsel RB Capital LLC ("Counsel RB") has acquired Greystone Private Equity LLC
("Greystone"), a subsidiary of Greystone & Co. Holdings LLC, for US$5.9
million, including approximately US$3.0 million in debt. The assets
of Greystone are consistent with Counsel RB's mandate and include six separate
equipment, industrial and real estate assets that Counsel RB will look to
monetize in the coming weeks and months.
Counsel
RB specializes in the acquisition and disposition of distressed and surplus
assets throughout North America. In addition to purchasing various types of
assets, Counsel RB also arranges traditional asset disposition services such as
on-site and webcast auctions, liquidations and negotiated sales. The acquisition
of Greystone provides Counsel RB with an initial portfolio and a solid platform
for growth in its area of expertise.
Counsel
RB also announced that it has arranged a revolving credit facility with Israel
Discount Bank of New York. This facility will further enhance Counsel RB's
capacity to acquire distressed and surplus assets, including equipment for
resale, turnkey sale, bulk sale, public auction and other similar forms of
disposition activity.
"With
the acquisition of Greystone and establishment of the line of credit, we are
aggressively moving forward with our mandate to opportunistically acquire assets
in the current market environment", said Allan Silber, Chairman and CEO of
Counsel Corporation and C2 Global Technologies Inc. C2 (OTCBB:COBT),
91% owned by Counsel, owns Counsel RB in partnership with its
Co-CEOs.
"We have
been strategically positioning ourselves to take advantage of the opportunities
that have presented themselves, and we are now able to capitalize on them", said
Jonathan Reich, Co-CEO of Counsel RB. "Greystone's assets are
consistent with what we have done over the past 20 years, and the support of
Counsel together with the access to credit will allow us to seek additional
investments as well", said Adam Reich, Counsel RB's other Co-CEO.
About
Counsel Corporation
Counsel
Corporation (TSX: CXS) is an international asset management firm that actively
partners with businesses to achieve shared success and to unlock value through
leveraging our relationships, our access to capital and our strategic market
experience. For further information, please visit Counsel's website
at www.counselcorp.com.
About
Counsel RB Capital LLC
Counsel
RB Capital LLC specializes in the acquisition and disposition of distressed and
surplus assets throughout the United States and Canada, including industrial
machinery and equipment, real estate, inventories, accounts receivable
s
and distressed
debt. In addition to purchasing various types of assets, Counsel RB also
arranges traditional asset disposition services such as on-site and webcast
auctions, liquidations and negotiated sales.
About
C2 Global Technologies Inc.
C2's
(OTCBB:COBT) primary business is the development and licensing of its patents,
which include two foundational patents in VoIP technology. C2 is also
involved in the acquisition and disposition of distressed and surplus assets
through its interest in Counsel RB Capital. For further information,
please visit C2's website at
www.c-2technologies.com
.
Forward-Looking
Statements
The
statements made in this release that are not historical facts contain
forward-looking information that involves risks and
uncertainties. All statements, other than statements of historical
facts, which address Counsel's and C2's expectations, should be considered as
forward-looking statements. Such statements are based on knowledge of
the environment in which Counsel and C2 each currently operates, but because of
the factors listed herein, as well as other factors beyond Counsel's or C2's
control, actual results may differ materially from the expectations expressed in
the forward-looking statements. Important factors that may cause
actual results to differ from anticipated results include, but are not limited
to, obtaining necessary approvals and other risks detailed from time to time in
Counsel's and C2's securities and other regulatory filings.
Contact
:
Stephen
Weintraub
Executive
Vice President, Secretary & CFO
saw@counselcorp.com
Tel:
(416) 866-3058

text: Counsel RB Capital LLC

text: Greystone Private Equity LLC

text: Greystone

text: Greystone

text: Greystone

text: Greystone

text: Greystone

text: Allan Silber

text: Greystone

text: Counsel RB Capital LLC

text:
Counsel
RB Capital LLC


text:
EX-99.1
2
exh_991.htm
PRESS RELEASE
EdgarFiling
EXHIBIT 99.1
Shenandoah Telecommunications Company Completes Sale of its Wireless Assets and Operations to T-Mobile
EDINBURG, Va., July 01, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel" or the "Company") (NASDAQ: SHEN) announced today the closing of the previously announced sale of its Wireless assets and operations to T-Mobile USA, Inc. ("T-Mobile"). The Company received cash proceeds of $1.94 billion, inclusive of the approximately $60 million settlement of the waived management fees by Sprint Corporation, an indirect subsidiary of T-Mobile ("Sprint"), and net of certain transaction expenses.
As required by the terms of its 2018 credit facility, $684 million of the proceeds were used to fully repay all outstanding debt and to terminate the facility and related interest rate swap contracts.
About Shenandoah Telecommunications
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art cable, fiber optic and fixed wireless networks to customers in the Mid-Atlantic United States. The Company's services include: broadband internet, video, and voice; fiber optic Ethernet, wavelength and leasing; and tower colocation leasing. The Company owns over 6,800 route miles of fiber and 223 macro cellular towers. For more information, please visit www.shentel.com.
This release contains forward-looking statements about Shentel regarding, among other things, its business strategy, its prospects and its financial position. These statements can be identified by the use of forward-looking terminology such as "believes", "estimates", "expects", "intends", "may", "will", "should", "could", or "anticipates" or the negative or other variation of these or similar words, or by discussions of strategy or risks and uncertainties. The forward-looking statements are based upon management's beliefs, assumptions and current expectations and may include comments as to Shentel's beliefs and expectations as to future events and trends affecting its business that are necessarily subject to uncertainties, many of which are outside Shentel's control. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as, a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved, and actual results may differ materially from those contained in or implied by the forward-looking statements as a result of various factors. A discussion of other factors that may cause actual results to differ from management's projections, forecasts, estimates and expectations is available in Shentel's filings with the Securities and Exchange Commission. Those factors may include natural disasters, pandemics and outbreaks of contagious diseases and other adverse public health developments, such as COVID-19, changes in general economic conditions, increases in costs, changes in regulation and other competitive factors. The forward-looking statements included are made only as of the date of the statement. Shentel undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events, except as required by law.
CONTACTS:
Shenandoah Telecommunications Company
Jim Volk
Senior Vice President - Chief Financial Officer
540-984-5168
Jim.Volk@emp.shentel.com

text: Shenandoah Telecommunications Company

text:
T-Mobile
EDINBURG, Va.

text: Shenandoah Telecommunications Company

text: T-Mobile USA, Inc.

text: Shenandoah Telecommunications Company

text: Shenandoah Telecommunications Company


text:
EX-99.1
3
v069499_ex99-1.htm
Brownie's
Purchases Factory Building
FOR
RELEASE on February 28, 2007 at 9:30am (Market Open)
FT.
LAUDERDALE, FL - On Thursday February 22, 2007, United Companies subsidiary
Trebor Industries, Inc. dba Brownie's Third Lung (OTC BB: UCPJ) purchased its
long-time factory and warehouse building. For many years, this 15,000+
square-foot factory has housed Brownie's fabrication, design, engineering,
marketing, sales and accounting departments. Located near downtown Fort
Lauderdale, this location offers access to one of the world's premiere yachting
hubs.
For
information about our products and a downloadable catalog, please visit
http://www.browniedive.com/, http://www.tankfill.com/ and
http://www.browniespublicsafety.com/ or call (954)462-5570.
Forward
Looking Statements
Statements
about the company's future expectations, including 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
defined in the Private Litigation Reform Act of 1995. The Company's actual
results could differ materially from expected results. The company undertakes
no
obligation to update forward looking statements to reflect subsequently
occurring events or circumstances. Should events occur which materially affect
any comments made within this release the company will appropriately inform
the
public.
For
investor relations please contact United Companies Corporation.
United
Companies Corporation product information can be found at
Web
site:
http://www.browniedive.com/
http://www.tankfill.com/
http://www.browniespublicsafety.com/

text: Brownie

text: Brownie

text: Brownie


text:
EX-99.1
2
ex99-1.htm
I.D.
Systems Completes Keytroller Acquisition,
Strengthening
Market Position and Fueling Growth Potential
Combined
company is a global leader in forklift telematics and
other
industrial truck management technology.
Woodcliff
Lake, NJ - August 1, 2017
-
I.D. Systems, Inc
. (NASDAQ: IDSY), a leading provider of mobile asset management
technology and solutions for the Industrial Internet of Things, has completed its acquisition of Keytroller, LLC, a manufacturer
and marketer of electronic products for managing forklifts, construction vehicles, and other industrial equipment.
Combined,
the companies have installed hundreds of thousands of management devices on forklifts and other industrial trucks in more than
a dozen countries around the world. I.D. Systems markets its flagship PowerFleet® system primarily to end users and lift truck
OEMs as a premier solution for global enterprises with large fleets of equipment across multiple sites. Keytroller markets its
broad line of forklift management devices mainly through a large network of lift truck dealers, offering solutions for many different
fleet sizes at a wide range of price points.
"One
of the most important advantages the acquisition of Keytroller gives us, is now we can truly offer the perfect solution to any
customer-no matter how large or small their fleet is, what problem they are trying to solve, or what budget they have to
work with", said I.D. Systems CEO Chris Wolfe. "In addition, together, I.D. Systems and Keytroller give customers
the best option as an OEM-independent provider of forklift management technology. It's vital for a fleet management system
to work seamlessly across all makes, models and types of industrial trucks".
"Keytroller
and I.D. Systems complement each other incredibly well", said Keytroller president Terry Wickman, who will stay on as an
I.D. Systems executive vice president and run Keytroller as an independent division. "Our product mix and technologies cover
everything a forklift fleet manager could want, soup to nuts, and our distribution channels have minimal conflicts. We rarely
compete head-to-head. Joining together is a win-win for our companies, our partners, and our end users-all of us will benefit
from a broader choice of solutions and a larger, more capable service and support organization".
In
2016, I.D. Systems recorded revenue of $36.8 million, while Keytroller generated $6.6 million in revenue and net income of $1.5
million. Keytroller has achieved average annual revenue growth of more than 25% per year over the past three years.
Unmatched
Single Source of Industrial Truck Management Solutions
Keytroller
has earned a reputation in the material handling industry as an innovative provider of forklift access control/monitoring systems,
speed controllers, forklift scales, truck-mounted cameras, impact sensors, wireless hour meters, pedestrian safety systems, and
other electronic devices. The company offers about 40 different products, providing good/better/best functionality and pricing.
By
adding Keytroller's mid-range and economy products to I.D. Systems' market-leading PowerFleet® industrial truck
management system, the combined company's offerings form an unmatched single source of fleet management technology for industrial
truck owners and operators.
The
acquisition of Keytroller also gives I.D. Systems a new source of industrial truck usage data for its PowerFleet IQ® analytics
database, enhancing the value of that tool for multi-site enterprises. Joining forces also opens new potential opportunities for
the two companies to cross-sell to each other's customers and consolidate and streamline product development.
Business
Continuity and Growth
Because
Keytroller has enjoyed profitable growth in recent years, there will be no radical changes to the way it conducts business. While
I.D. Systems expects to benefit from some operational and cost synergies, Keytroller will run as an independent division led by
the company's founder, Terry Wickman.
I.D. Systems, Inc.
CONFIDENTIAL
"Acquiring
Keytroller was a rare opportunity for I.D. Systems to grow inorganically in the industrial truck management business", added
Wolfe. "We expect to reap both immediate benefits-from a business already running profitably today-and long-term
benefits, such as a more predictable, profitable revenue stream from a much more diverse customer base.
"Together,
we believe I.D. Systems and Keytroller are unquestionably the world's number one provider of forklift management solutions,"
concluded Wickman. "We are eager to show how easy and affordable it is to get exactly the right solution for industrial
truck management-at the right price-for safer, smarter, more successful material handling operations".
About
I.D. Systems
Headquartered
in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Germany, and the United Kingdom, I.D. Systems is a leading global provider
of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, including rental cars,
industrial vehicles, trailers, containers, and cargo. The Company's patented technologies address the needs of organizations
to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability.
Cautionary
Note Regarding Forward-Looking Statements
This
press release contains forward looking statements within the meaning of federal securities laws. Forward-looking statements include
statements with respect to I.D. Systems' beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates,
intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond
I.D. Systems' control, and which may cause its actual results, performance or achievements to be materially different from
future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than
statements of historical fact are statements that could be forward-looking statements. For example, forward-looking statements
include statements regarding: prospects for additional customers; potential contract values; market forecasts; projections of
earnings, revenues, synergies, accretion or other financial information; emerging new products; and plans, strategies and objectives
of management for future operations, including growing revenue, controlling operating costs, increasing production volumes, and
expanding business with core customers. The risks and uncertainties referred to above include, but are not limited to, future
economic and business conditions, the loss of key customers or reduction in the purchase of products by any such customers, the
failure of the market for I.D. Systems' products to continue to develop, the possibility that I.D. Systems may not be able
to integrate successfully the business, operations and employees of acquired businesses, the inability to protect I.D. Systems'
intellectual property, the inability to manage growth, the effects of competition from a variety of local, regional, national
and other providers of wireless solutions, and other risks detailed from time to time in I.D. Systems' filings with the
Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2016. These risks
could cause actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of,
I.D. Systems. Unless otherwise required by applicable law, I.D. Systems assumes no obligation to update the information contained
in this press release, and expressly disclaims any obligation to do so, whether as a result of new information, future events
or otherwise.
I.D.
Systems Contacts
Ned
Mavrommatis, CFO
ned@id-systems.com
201-996-9000
Liolios Group, Inc.
Matt Glover
IDSY@liolios.com
949-574-3860
I.D. Systems, Inc.
CONFIDENTIAL

text:
I.D.
Systems

text: Keytroller

text:
I.D. Systems, Inc
.

text: Keytroller, LLC

text: I.D. Systems

text: Keytroller

text: Keytroller

text: I.D. Systems

text: I.D. Systems

text: Keytroller

text: Keytroller

text: I.D. Systems

text: Keytroller

text: I.D. Systems

text: Keytroller

text: I.D. Systems

text: Keytroller

text: Keytroller

text: Keytroller

text: Keytroller

text: I.D. Systems

text: Keytroller

text: I.D. Systems

text: Keytroller

text: I.D. Systems

text: Keytroller

text: I.D. Systems

text: Keytroller

text: I.D. Systems

text: I.D. Systems

text: Keytroller

text: I.D. Systems

text: I.D. Systems

text: I.D. Systems

text: I.D. Systems

text: I.D. Systems

text: I.D. Systems

text: I.D. Systems

text: I.D. Systems

text: I.D. Systems

text: I.D. Systems

text:
I.D.
Systems

text:
Ned
Mavrommatis

text: I.D. Systems


text:
EX-99.1
2
k12575exv99w1.htm
PRESS RELEASE
exv99w1
Exhibit 99.1
Hayes Lemmerz Completes Previously Announced Sale of Suspension Facilities
Northville, MI - February 15, 2007
- Hayes Lemmerz International, Inc. (NASDAQ: HAYZ) today
announced that it has completed the sale of its suspension facilities located in Bristol, Indiana
and Montague, Michigan to Diversified Machine, Inc., which was previously announced on February 2,
2007.
Hayes Lemmerz International, Inc. is a leading global supplier of automotive and commercial highway
wheels, brakes and powertrain components. The Company has 30 facilities and approximately 8,500
employees worldwide.
This press release includes forward looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, which
represent the Company's expectations and beliefs concerning future events that involve risks and
uncertainties which could cause actual results to differ materially from those currently
anticipated. All statements other than statements of historical facts included in this release are
forward looking statements. Factors that could cause actual results to differ materially from
those expressed or implied in such forward looking statements include the factors set forth in our
periodic reports filed with the SEC. Consequently, all of the forward looking statements made in
this press release are qualified by these and other factors, risks, and uncertainties
.

text: Hayes Lemmerz

text: Suspension Facilities

text: Hayes Lemmerz International, Inc.

text: Diversified Machine, Inc.

text: Hayes Lemmerz International, Inc.


text:
EX-99.1
2
a05-19934_1ex99d1.htm
EXHIBIT 99
Exhibit 99.1
MarkWest Energy Partners, L.P.
Contact:
Frank Semple, President & CEO
155 Inverness Drive West, Suite 200
James
Ivey, CFO
Englewood, CO 80112-5000
Andy Schroeder, VP Finance & Treasurer
(800) 730-8388
Phone:
(303)
290-8700
(303) 290-8700
E-mail:
investorrelations@markwest.com
(303) 290-8769 Fax
Website:
www.markwest.com
MARKWEST
ENERGY PARTNERS CLOSES THE ACQUISITION
OF THE JAVELINA GAS PROCESSING AND FRACTIONATION FACILITY
DENVER
-November
1, 2005-MarkWest Energy Partners, L.P. (Amex: MWE, "MarkWest"), today announced
that it closed the acquisition of 100% of the interests in the Javelina gas
processing and fractionation facility in Corpus Christi, Texas from El Paso
Corporation, Kerr-McGee Corp. and Valero Energy Corp. The total consideration
includes a purchase price of $355 million plus approximately $20 million for
existing cash and $16 million for other positive working capital adjustments.
The
gas processing facility treats and processes off-gas from six refineries in the
Corpus Christi area. The facility was
constructed in 1989
to process refinery off-gas and recover up to 28,000
barrels per day of natural gas liquids, as well as hydrogen. The Javelina
facility currently processes 125 to 130 mmcfd of inlet gas but is expected to
increase as refinery output continues to grow
.
The
financing for the Javelina acquisition was accomplished through a $100 million
revolving credit facility and a $400 million term loan facility. MarkWest expects to permanently finance these
assets in the first half of 2006 with a combination equity and long-term
debt. The goal will be to maintain a
debt-to-total capital ratio of less than 50 percent in keeping with MarkWest's
long-term balance sheet objectives.
###
MarkWest Energy Partners
L.P. is a publicly traded master limited partnership with a solid core of
midstream assets and growing core of gas transmission assets. It is the largest
processor of natural gas in the Northeast, processing gas from the Appalachian
basin and from Michigan. Its Northeast assets include natural gas processing
facilities, liquids fractionation, transportation and
storage facilities. It also has a growing asset base of gas gathering and
intrastate gas transmission assets in the Southwest, primarily in Texas and
Oklahoma.
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. All statements other than statements of
historical facts included or incorporated herein may constitute forward-looking
statements. Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we can give no assurance that such
expectations will prove to be correct. The forward-looking statements involve
risks and uncertainties that affect our operations, financial performance and
other factors as discussed in our filings with the Securities and Exchange
Commission. Among the factors that could cause results to differ materially are
those risks discussed in our Form 10-K for the year ended December 31,
2003, and our Forms 10-Q for the current year, as filed with the SEC.

text: MarkWest Energy Partners, L.P.

text: Frank Semple

text:
James
Ivey

text: Andy Schroeder

text:
MARKWEST
ENERGY PARTNERS

text: MarkWest Energy Partners, L.P.

text:
El Paso
Corporation

text: Kerr-McGee Corp.

text: Valero Energy Corp.


text:
EX-99.2
8
c974-20210617xex99_2.htm
EX-99.2
Exhibit 992
Exhibit 99.2
BBX Capital Announces Confirmation of
IT'SUGAR's Plan of Reorganization
FORT LAUDERDALE, Florida - June 14, 2021 - BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) ("BBX Capital" or the "Company") announced today that, on June 11, 2021, the United States Bankruptcy Court for the Southern District of Florida (the "Bankruptcy Court") announced its intention to enter an order (the "Confirmation Order") confirming the plan of reorganization filed by IT'SUGAR LLC and its wholly owned subsidiaries (collectively, "IT'SUGAR") as modified by the Confirmation Order (the "Plan"). As previously announced, on September 22, 2020, IT'SUGAR filed petitions for voluntary relief under Chapter 11 of Title 11 of the United States Bankruptcy Code ("Chapter 11") in the Bankruptcy Court.
IT'SUGAR expects that the Confirmation Order will be entered this week. The effective date of the Plan will occur as soon as all conditions precedent to the Plan have been satisfied (the "Effective Date"). IT'SUGAR believes that the Effective Date will occur within thirty days of Plan confirmation. It is also possible that technical amendments could be made to the Plan prior to the Effective Date. On the Effective Date, the equity interests in IT'SUGAR will revest in BBX Capital, and as a result of the Plan confirmation, BBX Capital will be deemed to have reacquired control of IT'SUGAR and again consolidate the results of IT'SUGAR into its financial statements.
The Plan contemplates the following treatment of claims against and interests in IT'SUGAR:
·
the Company's subsidiary, which holds an Allowed Prepetition Line of Credit Secured Claim, will be repaid in full through the Exit Facility (as more particularly described below);
·
the Allowed Prepetition Equipment Loan Secured Claim held by the Company's subsidiary will be assumed, ratified, and reinstated on the Effective Date;
·
except to the extent such holders agree otherwise, each holder of an Allowed Construction / Mechanic's Lien Claim will receive payment in full in cash on the Effective Date or as soon as practicable thereafter;
·
each holder of an Allowed General Unsecured Claim will receive, in full satisfaction of such claims, a one-time lump sum distribution equal to 15% of its Allowed General Unsecured Claim on the Effective date or as soon as practicable thereafter;
·
holders of Subordinated Claims will not receive any distribution in respect thereof; and
·
the Company and the other holder of an equity interest in IT'SUGAR will have such interests revested, and all organizational documents of IT'SUGAR will be assumed, ratified, and reinstated.
The Plan is expected to be funded by IT'SUGAR's cash on-hand and a secured exit credit facility (the "Exit Facility") advanced by a subsidiary of the Company of up to $13.0 million (less the amount of the subsidiary's existing Prepetition Line of Credit and DIP Loan due from IT'SUGAR, which had an aggregate principal balance of $10.0 million), subject to certain customary terms and conditions.
The Plan incorporates an integrated compromise and settlement of claims. Unless otherwise specified in the Plan, the Plan and the Confirmation Order will be in full satisfaction of all claims against and interests in IT'SUGAR, and all of IT'SUGAR's existing funded debt will be discharged on the Effective Date.
IT'SUGAR's creditors overwhelmingly voted to accept the Plan, with creditor acceptance of the Plan representing approximately 99% in both number and dollar amount of ballots cast.
During the bankruptcy proceedings, Meland Budwick, P.A. served as legal counsel to IT'SUGAR, and Stearns Weaver Miller Weissler Alhadeff & Sitterson served as legal counsel to BBX Capital and its subsidiary which was an IT'SUGAR creditor. In addition, the Algon Group provided restructuring advisory services to IT'SUGAR, with Troy Taylor, the Algon Group's President, serving as IT'SUGAR's Chief Restructuring Officer during the bankruptcy proceedings.
About BBX Capital, Inc.: BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) is a Florida-based diversified holding company whose principal holdings include BBX Capital Real Estate, BBX Sweet Holdings, and Renin. For additional information, please visit www.BBXCapital.com.
This press release contains forward-looking statements. All opinions, forecasts, projections, future plans, or other statements, other than statements of historical fact, are forward-looking statements. The forward-looking statements in this press release are also 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 are based on current expectations and involve risks, uncertainties, and other factors, many of which are beyond the Company's control, that may cause actual results or performance to differ from those set forth or implied in the forward-looking statements. These risks and uncertainties include, without limitation, those relating to the entry of the Confirmation Order by the Bankruptcy Court and the timing of the effectiveness of the Plan, including that the Plan may not become effective when expected; the impact of the consolidation of IT'SUGAR's results into the Company's financial statements; the potential adverse impact of the Chapter 11 proceedings and the success of the restructuring; the continuing adverse impact of the COVID-19 pandemic on IT'SUGAR, including its operations, results, and financial condition; and general economic conditions and other factors. In addition, reference is also made to the risks and uncertainties relating to the business, operations, affairs, results and financial condition of BBX Capital and its subsidiaries, and the ownership of BBX Capital's stock, detailed in reports filed by BBX Capital with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2020 (including the "Risk Factors" section thereof) and Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, which may be viewed on the SEC's website at www.sec.gov and in the "About - Investor Relations" section of the Company's website at www.bbxcapital.com. The Company cautions that the foregoing factors are not exclusive. Readers should not place undue
reliance on any forward-looking statement, which speaks only as of the date made. The Company does not undertake, and it specifically disclaims any obligation, to update or supplement any forward-looking statements, except as may be required by law. In addition, past performance may not be indicative of future results.
BBX Capital, Inc. Contact Info:
Investor Relations Contact:
Leo Hinkley, Managing Director, Investor Relations Officer
954-940-5300, Email: LHinkley@BBXCapital.com
Media Relations Contact:
Kip Hunter, Kip Hunter Marketing
954-303-5551, Email: kip@kiphuntermarketing.com

text: BBX Capital

text: BBX Capital, Inc.

text: BBX Capital

text: IT'SUGAR LLC

text: BBX Capital

text: BBX Capital

text: Meland Budwick, P.A.

text: BBX Capital

text: Algon Group

text: Algon Group

text: BBX Capital, Inc.

text: BBX Capital, Inc.

text: BBX Capital

text: BBX Capital

text: BBX Capital

text: BBX Capital

text: BBX Capital, Inc.

text: Leo Hinkley


text:
EX-99
2
ex991060607.txt
EXHIBIT 99.1
NEWS
Delta and Pine Land Company
P.O. Box 157
Scott, Mississippi 38772
Contact: Investors Media
Tom Jagodinski Jonathan Gasthalter/Cassandra Bujarski
Delta and Pine Land Company Sard Verbinnen & Co
(662) 742-4518 (212) 687-8080
DELTA AND PINE LAND ANNOUNCES CLOSING OF ACQUISITION BY MONSANTO COMPANY
-------------------------------------------------------------------------------
SCOTT, MISSISSIPPI -- June 1, 2007 - Delta and Pine Land Company (NYSE: DLP)
("D&PL"), a leading commercial breeder, producer and marketer of cotton planting
seed, announced today that Monsanto Company (NYSE: MON) has completed its
acquisition of D&PL for approximately $1.5 billion in cash. D&PL will operate
independently of Monsanto's other commercial operations until Monsanto has
completed its proposed divestitures of the Stoneville and NexGen businesses.
D&PL will pay its third quarter dividend of $0.17 per share on June 11, 2007 to
shareholders of record on May 31, 2007. As a result of the acquisition by
Monsanto, D&PL will no longer be listed on the New York Stock Exchange under the
DLP symbol.
About Delta & Pine Land
Delta and Pine Land Company is a commercial breeder, producer and marketer of
cotton planting seed. Headquartered in Scott, Mississippi, with multiple offices
in eight states and facilities in several foreign countries, D&PL also breeds,
produces and markets soybean planting seed. For more information, please refer
to the Company's Web site at http://www.deltaandpine.com.
Cautionary Statements Regarding Forward-Looking Information:
Certain matters discussed in this release are "forward-looking statements,"
including statements about the Company's future plans, goals and other events,
which have not yet occurred. These statements are intended to qualify for the
safe harbors from liability provided by the Private Securities Litigation Reform
Act of 1995. They can generally be identified because the context of such
statements will include words such as "believes", "anticipates", "expects" or
words of similar import. It is the nature of agricultural seed businesses that
supply, demand and their timing are affected by many variables, including
commodity prices, weather and government policy. Due to the seasonal nature of
the seed business, the Company typically incurs losses in its first and fourth
quarters. Additional risks and uncertainties with respect of the Company's
business and forward looking statements are set forth in the Company's latest
filings with the Securities and Exchange Commission
# # #

text: Delta and Pine Land Company

text: Delta and Pine Land Company

text: DELTA AND PINE LAND

text: MONSANTO COMPANY

text: Delta and Pine Land Company

text: D&PL

text: Monsanto Company

text: D&PL

text: D&PL

text: D&PL

text: D&PL

text: Delta and Pine Land Company

text: D&PL


text:
EX-99.1
2
c48307_ex99-1.htm
Exhibit 99.1
Contact:
Press:
Or
Investor Relations:
Ann Charles
Viewpoint Corporation
Viewpoint Corporation
212-201-0800
212-201-0821
ir@viewpoint.com
tyemets@viewpoint.com
VIEWPOINT COMPLETES ACQUISITION OF MAKOS ADVERTISING L.P.
NEW YORK, May 2, 2007
-Viewpoint Corporation (NASDAQ: VWPT), a leading Internet Marketing Technology company, today announced that it has completed the acquisition of MAKOS Advertising, L.P.,
an Austin, Texas based full service creative agency that specializes in broadcast and video advertising, branding and graphic design.
"We are pleased to join forces with MAKOS, which underscores our strategy to expand our advertising offering and leverage new local markets which are currently being underserved in the online space", said Patrick Vogt,
President and Chief Executive Officer. "MAKOS' advertising will enhance our ability to better serve clients who require cross platform advertising support including broadcast video, creative and story boarding capabilities. We look forward
to working together to capture more growth in our business as marketers increasingly look to develop integrated strategies to reach their target audience through multiple mediums".
ABOUT VIEWPOINT
Viewpoint is a leading Internet marketing technology company, offering Internet marketing and online advertising solutions through the powerful combination of its proprietary visualization technology and a full range of campaign
management services including TheStudio, Viewpoint's creative services group, Unicast, Viewpoint's online advertising group, and KeySearch, Viewpoint's search engine marketing consulting practice. Viewpoint's technology and services
are behind the online presence of some of the world's most esteemed brands, including AOL, GE, Sony, and Toyota. More information on Viewpoint can be found at
www.viewpoint.com
.
The company has approximately 100 employees principally at its headquarters in New York City and in Los Angeles.
# # #
FORWARD LOOKING STATEMENTS
This press release contains "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995 and similar expressions that reflect
Viewpoint's current expectations about its future performance. These statements and expressions are subject to risks, uncertainties and other factors that could cause Viewpoint's actual performance to differ materially from those
expressed in, or implied by, these statements and expressions. Such risks, uncertainties and factors include those described in Viewpoint's filings and reports on file with the Securities and Exchange Commission.
Copyright © 2007 Viewpoint Corporation. All Rights Reserved. Viewpoint, Unicast, TheStudio by Viewpoint and KeySearch are trademarks or registered trademarks of Viewpoint Corporation.

text: Viewpoint Corporation

text: Viewpoint Corporation

text: VIEWPOINT

text: MAKOS ADVERTISING L.P.

text: Viewpoint Corporation

text: MAKOS Advertising, L.P.

text: Patrick Vogt

text: VIEWPOINT

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint Corporation

text: Viewpoint

text: Viewpoint

text: Viewpoint Corporation


text:
EX-99.1 CHARTER
3
exhibit99-1.htm
Exhibit 99.1
The Parking REIT, Inc. (formerly known as MVP REIT II, Inc.)
Announces Closing of Merger with MVP REIT, Inc.
(Las Vegas, Nevada, December 15, 2017) - The Parking REIT, Inc. (formerly known as MVP REIT II, Inc.) ("The Parking REIT") announced today the closing of the merger (the "Merger") of MVP Merger Sub, LLC, its wholly-owned subsidiary, with MVP REIT, Inc. ("REIT I") and that it has been renamed as The Parking REIT, Inc. As a result of the Merger, The Parking REIT's investment portfolio now consists of more than $280 million in assets,
consisting of
44 parking facilities located in 15 states.
The Merger was previously approved by REIT I's stockholders, with over 83% of the votes cast being voted in favor of the Merger.
"
The Parking REIT is unique in that it invests solely in parking structures and facilities, a compelling asset class that we believe provides us and our stockholders with tremendous upside opportunities", said Mike Shustek, president, chief executive officer and chairman of the board of The Parking REIT. "We believe that the merger of the previously separate MVP REITs will create a company greater than the sum of its parts, and create greater opportunities for us to unlock greater value for our stockholders.
"
About The Parking REIT, Inc.
The Parking REIT, Inc. (formerly known as MVP REIT II, Inc.) is a publicly registered, non-listed REIT formed to invest primarily in parking lots and facilities in the United States and Canada.
The Parking REIT is managed by MVP Realty Advisors, LLC.
For more information, please visit TheParkingREIT.com.
Forward-Looking Statements
Certain statements made in this press release are "forward-looking statements" (as defined in Section 21E of the Securities Exchange Act of 1934, as amended), which reflect the expectations of The Parking REIT regarding future events. The forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those contained in the forward-looking statements. Such forward-looking statements include, but are not limited to, The Parking REIT's plans, market and other expectations, objectives, intentions, as well as any expectations or projections with respect to The Parking REIT, including regarding future dividends and market valuations, and other statements that are not historical facts.

text: The Parking REIT, Inc.

text: MVP REIT, Inc.

text: The Parking REIT, Inc.

text: MVP Merger Sub, LLC

text: MVP REIT, Inc.

text: The Parking REIT, Inc.

text: Mike Shustek

text: The Parking REIT, Inc.

text: The Parking REIT, Inc.


text:
EX-99.1
2
tm2131354d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
WOW! Completes $661 Million Sale of Three Service
Areas to Astound Broadband
Divestiture of WOW!'s Chicago, Evansville,
Indiana, and Anne Arundel, Maryland service areas further strengthens WOW!'s financial position and continued ability to execute
its broadband-first strategy
Englewood, Colo. - November 1, 2021 -
WOW! Internet, Cable & Phone
(NYSE: WOW), a leading broadband service provider, today announced the completion of the sale of its Chicago, Evansville,
Indiana, and Anne Arundel, Maryland service areas to Radiate HoldCo, LLC, a telecommunications holding company affiliated with RCN Telecom
Services, LLC, Grande Communications Networks, LLC and WaveDivision Holdings, LLC (collectively "Astound Broadband") for
$661 million.
The completion of the Astound Broadband transaction follows WOW!'s
completed sale of its Cleveland and Columbus, Ohio service areas to Atlantic Broadband, announced in September 2021. Combined, the two
transactions have generated gross proceeds of $1.8 billion, enabling WOW! to significantly lower its debt, strengthen the company's
financial position and accelerate its broadband-first strategy.
"The completion of the Astound Broadband transaction is another
important step in the execution of our broadband-first strategy", said Teresa Elder, CEO of WOW!. "We remain committed to
providing customers with reliable, accessible and fast broadband solutions, and now we have an even greater ability to enhance our network
and expand our footprint through greenfield and Edge-out opportunities".
Since announcing the sale in June 2021, WOW! has worked with Astound
Broadband to ensure a seamless transition of its employees and customers in the Chicago, Evansville, Indiana, and Anne Arundel, Maryland,
service areas to Astound Broadband. WOW! has entered into a Transition Services Agreement with Astound Broadband to support continuity
of service during the transition period following the completion of the transaction.
BofA Securities acted as financial advisor to WOW!, and Wachtell, Lipton,
Rosen & Katz, as well as Honigman LLP, served as legal counsel. Simpson Thacher & Bartlett LLP and Kelley Drye & Warren LLP
served as legal counsel to Astound Broadband.
About WOW! Internet, Cable & Phone
WOW! is one
of the nation's leading broadband providers, with an efficient, high-performing network that passes 1.9 million residential, business
and wholesale consumers. WOW! provides services in 14 markets, primarily in the Midwest and Southeast, including Michigan, Alabama, Tennessee,
South Carolina, Florida and Georgia. With an expansive portfolio of advanced services, including high-speed Internet services, cable
TV, phone, business data, voice, and cloud services, the company is dedicated to providing outstanding service at affordable prices.
WOW! also serves as a leader in exceptional human resources practices, having been recognized seven
times by the National Association for Business Resources as a Best & Brightest Company to Work
For, winning the award for the last three consecutive years. Visit wowway.com for more information.
###
WOW! Contacts
Investors:
Andrew Posen
Vice President, Head of Investor Relations
303-927-4935; andrew.posen@wowinc.com
Media:
Debra Havins
Senior Director, Corporate Communications
720-527-8214; debra.havins@wowinc.com
Cautionary Statement Regarding Forward-Looking Statements
Certain statements in this press release that are not historical facts
contain "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. These forward-looking statements represent our goals, beliefs, plans and expectations
about our prospects for the future and other future events. Forward-looking statements include all statements that are not historical
fact and can be identified by terms such as "may", "intend", "might", "will", "should,"
"could", "would", "anticipate", "expect", "believe", "estimate,"
"plan", "project", "predict", "potential", or the negative of these terms. Although these
forward-looking statements reflect our good-faith belief and reasonable judgment based on current information, these statements are qualified
by important factors, many of which are beyond our control that could cause our actual results to differ materially from those in the
forward-looking statements. These factors and other risks that could cause our actual results to differ materially are set forth in the
section entitled "Risk Factors" in our Annual Report filed on Form 10-K with the Securities and Exchange Commission ("SEC")
on February 24, 2021, and also include the following factors: uncertainties relating to the use of proceeds from the closing of the recent
sales of the Illinois, Indiana and Maryland service areas (the "transactions"); the effect of the transactions on the Company's
ability to retain key personnel and to maintain relationships with customers, suppliers and other business partners; and risks relating
to potential diversion of management attention from the Company's ongoing business operations. Given these uncertainties, you should
not place undue reliance on any such forward-looking statements. The forward-looking statements included in this report are made as of
the date hereof or the date specified herein, based on information available to us as of such date. Except as required by law, we assume
no obligation to update these forward-looking statements, even if new information becomes available in the future.

text: WOW!

text: Astound Broadband

text: WOW!

text: WOW!

text: WOW! Internet, Cable & Phone

text: Radiate HoldCo, LLC

text: Astound Broadband

text: Astound Broadband

text: WOW!

text: WOW!

text: Astound Broadband

text: Teresa Elder

text: WOW!

text: WOW!

text:
Astound
Broadband

text: Astound Broadband

text: WOW!

text: Astound Broadband

text: BofA Securities

text: WOW!

text:
Wachtell, Lipton,
Rosen & Katz

text: Honigman LLP

text: Simpson Thacher & Bartlett LLP

text: Kelley Drye & Warren LLP

text: Astound Broadband

text: WOW! Internet, Cable & Phone

text: WOW!

text: WOW!

text: WOW!

text: WOW!

text: Andrew Posen


text:
EX-99.1
4
exh99-1.htm
PRESS RELEASE, DATED OCTOBER 12, 2011
October 18, 2011 Exhibit 99.1
Exhibit 99.1
PRESS RELEASE
ZOOM Acquires Portables Unlimited - Wholesale Distributor for T-Mobile USA
BEIJING, October 13, 2011
-- Zoom Technologies, Inc. (Nasdaq: ZOOM), a
leading China-based manufacturer of mobile phones and related
products, today announced it has signed a definitive agreement to acquire a 55% share of Portables Unlimited LLC ("Portables"), one
of the largest exclusive wholesale distributors of T-Mobile products in the United States. Portables has direct access to more than
1,000 retail locations across twenty States selling T-Mobile products, including approximately 100 exclusive T-Mobile carrier locations.
This strategic acquisition is the first of its kind for a China-based handset manufacturer to join forces with a US cellular distributor,
allowing ZOOM distribution capability in the US market.
Established in 1999 and headquartered in Nanuet, New York where the current management will remain, Portables has grown to
become one of T-Mobile's top sellers among its prepaid (Monthly 4G) wholesale distribution channel. Portables' daily interaction with
customers can feed the most current market information to ZOOM for fine tuning its products particularly manufactured for the US
market. Upon closing of the acquisition, ZOOM will establish its international headquarters in Portables' offices at 136 First Street,
Nanuet, New York.
"
We are so excited about the opportunity to merge with a quality
handset manufacturer that will enable Portables additional growth opportunities", said Raj Amar, CEO of Portables.
Portables, which has had a long-standing working relationship with T-Mobile for more than ten years, is a perfect partner for ZOOM.
With the US cellular subscriber base almost saturated, revenue from phone sales becomes the most critical component for growth in
the US mobile communication industry. "We are looking forward to the opportunity to grow our business and the strength this
combined entity partnership can deliver", said Jonathan Blood, Senior Director National Dealer Programs, T-Mobile USA.
"This move is not only a fast track for us to enter the US market, but also will enable us to accurately target the right
product at the right price, which is the key to a successful launch", stated Leo Gu, Chairman and CEO of Zoom Technologies,
"Everyone at ZOOM is exuberant with the opportunities that this merger will bring, we will be working hard to unleash the full
potential of this strategic combination, and we have the goal of expanding to 2,000 retail locations in the near future. I am confident that
the knowledge and experience of both companies will result in the delivery of exceptional products to the US while
opening new opportunities in other American markets as well".
Terms of the acquisition will be included in a filing with the SEC on Form 8-K. Maxim Group LLC served as exclusive financial
advisor to ZOOM in connection with the transaction. Ellenoff Grossman & Schole LLP acted as counsel to ZOOM. Certilman
Balin Adler & Hyman, LLP acted as counsel and Marks Paneth & Shron LLP acted as accountants and financial advisors for
Portables.
About Zoom Technologies
Zoom Technologies is a holding Company with subsidiaries that engage in the manufacturing, research
and development, and sale of electronic and telecommunication products for the latest generation mobile phones, wireless
communication circuitry and related software products.
Zoom Technologies' subsidiary, Jiangsu Leimone, owns a majority stake of TCB
Digital, which offers highly customized and high quality Electronic Manufacturing Service (EMS) for Original Equipment Manufacturer
(OEM) customers as well as its Own Brand Manufacturing (OBM) under the ZOOM, LEIMONE and LONGTEL brand names. The
Company's products are both exported and sold domestically in People's Republic of China.
Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" that involve risks and
uncertainties. These include statements about our expectations, intentions, plans, objectives, assumptions or future events in which the
outcome cannot be assured. You should not place undue reliance on these forward-looking statements. Information concerning factors
that could cause our actual results to differ materially from these forward-looking statements can be found in Zoom Technologies'
periodic reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly release revisions to these
forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events, unless otherwise
required by law.
Investor Contact:
Tina Xiao
Investor Relations Manager
Zoom Technologies, Inc.
+1 917-609-0333
tinaxiao@zoom.com
www.zoom.com

text: ZOOM

text: Portables Unlimited

text: Zoom Technologies, Inc.

text: ZOOM

text: Portables Unlimited LLC

text: ZOOM

text: ZOOM

text: ZOOM

text: Raj Amar

text: ZOOM

text: Leo Gu

text: ZOOM

text: Maxim Group LLC

text: ZOOM

text: Ellenoff Grossman & Schole LLP

text: ZOOM

text:
Certilman
Balin Adler & Hyman, LLP

text: Marks Paneth & Shron LLP

text: ZOOM

text: Tina Xiao

text: Zoom Technologies, Inc.


text:
EX-99.1
4
a08-4767_1ex99d1.htm
EX-99.1
Exhibit 99.1
News
Release
Buckeye Partners, L.P.
Five TEK Park
9999
Hamilton Blvd.
Breinigsville,
PA 18031
NYSE: BPL
Contact:
Stephen
R. Milbourne,
08-04
Manager, Investor Relations
smilbourne@buckeye.com
(800) 422-2825
BUCKEYE PARTNERS, L.P. ACQUIRES
REGIONAL PETROLEUM PRODUCTS
MARKETING COMPANY
Breinigsville,
PA - February 8, 2008... Buckeye Partners,
L.P. (NYSE:BPL) (the "Partnership"), today announced that the Partnership closed
on its previously announced acquisition of the equity interests in Farm &
Home Oil Company LLC ("Farm & Home"), for cash consideration of
approximately $145.5 million. Farm &
Home is a major regional distributor of refined petroleum products in eastern
and central Pennsylvania and surrounding areas.
The Partnership financed the purchase on an interim basis through the
use of existing credit facilities and expects to finance the purchase on a permanent
basis through the issuance of limited partnership units.
During its most recent fiscal year, Farm &
Home provided over 550 million gallons of refined petroleum products, including
gasoline and distillates, to customers through a network of five terminals and
other company-owned distribution assets.
Buckeye intends to operate the company on a standalone basis under the
Farm & Home name, with most of its existing senior management team
remaining in place. More information
about Farm & Home is available at www.fhoil.com.
Buckeye Partners, L.P., through its operating
subsidiaries, owns and operates one of the largest independent refined
petroleum products pipeline systems in the United States in terms of volumes
delivered, with approximately 5,400 miles of pipeline. The Partnership also owns 56 active refined
petroleum products terminals with an aggregate storage capacity of
approximately 21 million barrels in Illinois, Indiana, Massachusetts, Michigan,
Missouri, New York, Ohio, Pennsylvania and Wisconsin and a natural gas
storage facility in northern California that provides approximately 22 billion
cubic feet of
(more)
working
gas capacity,
and operates and maintains
approximately 2,700 miles of pipeline under agreements with major oil and
chemical companies. For more information
about Buckeye Partners, L.P., visit the Partnership's website at
www.buckeye.com.
* * * * *
This press
release includes forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934 that we believe to be reasonable as of today's date. Such
statements are identified by use of the words "anticipates", "estimates", "expects",
"intends", "plans", "predicts", "projects", "should" and similar
expressions. Actual results may differ
significantly because of risks and uncertainties that are difficult to predict
and which may be beyond the control of the Partnership. Among them are (1) changes in laws or
regulations to which we are subject, including those that permit the treatment
of us as a partnership for federal income tax purposes; (2) terrorism,
adverse weather conditions, environmental releases and natural disasters; (3) changes
in the marketplace for our products or services, such as increased competition,
better energy efficiency or general reductions in demand; (4) adverse
regional or national economic conditions or adverse capital market conditions; (5) shutdowns
or interruptions at the source points for the products we transport, store or
sell; (6) unanticipated capital expenditures in connection with the
construction, repair or replacement of our assets; and (7) our inability
to successfully integrate businesses we acquire or to retain management members
of those businesses as our employees. You should read our Annual Report on Form 10-K,
and our most recently filed Form 10-Q, for a more extensive list of
factors that could affect results. We undertake no obligation to revise our
forward-looking statements to reflect events or circumstances occurring after
today's date.
2

text: Buckeye Partners, L.P.

text: BUCKEYE PARTNERS, L.P.

text:
Buckeye Partners,
L.P.

text:
Farm &
Home Oil Company LLC

text: Buckeye Partners, L.P.

text: Buckeye Partners, L.P.


text:
EX-99.1
8
exhibit991-pressreleaselad.htm
PRESS RELEASE
Exhibit
Exhibit 99.1
Tesoro Corporation Sells Los Angeles Storage and Pipeline Assets to Tesoro Logistics
SAN ANTONIO - November 12, 2015 - Tesoro Corporation (NYSE:TSO, Tesoro) and Tesoro Logistics LP (NYSE:TLLP) today announced that subsidiaries of Tesoro have closed the sale of crude oil and refined product storage and pipeline assets in Los Angeles, California (the "Los Angeles Refinery Storage and Handling Assets") to TLLP for a total consideration of $500 million. TLLP acquired 97 crude oil, feedstock and refined product storage tanks with combined capacity of 6.6 million barrels and a 50% interest a 16-mile pipeline that transports jet fuel from Tesoro's Los Angeles Refinery to the Los Angeles International Airport.
The acquisition price of $500 million included cash of approximately $250 million and the issuance of common and general partner units to Tesoro, valued at approximately $250 million. The cash consideration was borrowed under a new term loan agreement. The equity consideration was based on the average daily closing price of TLLP's common units for the 10 trading days prior to closing, or $55.158 per unit, with 4,263,367 units in the form of common units and 269,067 units in the form of general partner units.
Tesoro Corporation, a Fortune 100 company, is an independent refiner and marketer of petroleum products. Tesoro, through its subsidiaries, operates six refineries in the western United States with a combined capacity of over 850,000 barrels per day and ownership in a logistics business which includes an interest in Tesoro Logistics LP (NYSE: TLLP) and ownership of its general partner. Tesoro's retail-marketing system includes over 2,200 retail stations under the ARCO®, Shell®, Exxon®, Mobil®, USA Gasoline(TM) and Tesoro® brands.
Contact:
Investors:
Sam Ramraj, Vice President, Investor Relations, (210) 626-4757
Media:
Tesoro Media Relations, media@tsocorp.com, (210) 626-7702

text: Tesoro Corporation

text: Tesoro Logistics

text: Tesoro Corporation

text: Tesoro

text: Tesoro Logistics

text: TLLP

text: Tesoro

text: TLLP

text: TLLP

text: Tesoro

text: Tesoro

text: TLLP

text: Tesoro Corporation

text: Tesoro

text: Tesoro Logistics

text: TLLP

text: Tesoro

text: Tesoro

text: Sam Ramraj

text: Tesoro