text:
EX-99.1
4
a20188kbestreviews991.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
TRONC ACQUIRES MAJORITY INTEREST IN BESTREVIEWS
CHICAGO, February 7, 2018 - tronc, Inc. (NASDAQ: TRNC) today announced it has acquired a majority ownership stake in BestReviews, the high growth online product review company based in San Francisco, California, and Reno, Nevada.
Founded in 2014, BestReviews' mission is to simplify the way consumers buy the products and services they need across thousands of categories
from laptops to vacuum cleaners to rowing machines. All products on BestReviews' site are thoroughly and independently researched. The company buys all of its products and tests them in its own labs to help consumers find the best overall products and the best buys for the dollar. The company now attracts more than 5 million unique visitors monthly - and growing and has helped more than 170 million consumers make more informed purchases of great products since its inception.
"BestReviews dedication to independent and high-quality content aligns with our ongoing mission to provide valuable information and experiences for our readers", said tronc CEO Justin Dearborn. "We look forward to combining BestReviews deep product research and fully optimized commerce engine with tronc's digital properties, a combination which we believe will strengthen our e-commerce efforts".
"We are excited about the scale and brands tronc brings to our business. Creating trusted relationships with consumers is our number one priority and tronc brings a long track history of trust and credibility", said BestReviews' CEO Momchil Filev.
BestReviews' current owners will retain a minority ownership position and continue to oversee and manage all operations.
###
About tronc, Inc.
tronc, Inc. (NASDAQ: TRNC) is a media company rooted in award-winning journalism. Headquartered in Chicago, tronc operates newsrooms in 8 markets with titles including the Chicago Tribune, New York Daily News, The Baltimore Sun, Orlando Sentinel, South Florida's Sun-Sentinel, Daily Press, The Morning Call of Allentown, Pennsylvania, and Hartford Courant. Our legacy of brands has earned a combined 57 Pulitzer Prizes and is committed to informing, inspiring and engaging local communities.
Our brands create and distribute content across our media portfolio, offering integrated marketing, media and business services to consumers and advertisers, including digital solutions and advertising opportunities.
Our brands create and distribute content across our media portfolio, offering integrated marketing, media and business services to consumers and advertisers, including digital solutions and advertising opportunities.
Cautionary Statements Regarding Forward-looking Statements
This press release contains 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 involve risks and uncertainties, including, without limitation, statements regarding tronc's business transformation strategy and 2017 guidance. Words such as "may", "believe", "anticipate", "expect", "intend", "plan", "project", "will", "projections", "continue", "business outlook", "estimate", "outlook", or similar expressions generally identify forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties, which in some cases are beyond our control, include: changes in advertising demand, circulation levels and audience shares; competition and other economic conditions; the Company's ability to develop and grow its online businesses; changes in newsprint price; the Company's ability to maintain effective internal control over financial reporting; concentration of stock ownership among the Company's principal stockholders whose interests may differ from those of other stockholders; and other events beyond the Company's control that may result in unexpected adverse operating results. The Company's actual results could also be impacted by the other risks detailed from time to time in its publicly filed documents, including in Item 1A (Risk Factors) of its most recent Annual Report on Form 10-K, in its Quarterly Reports on Form 10-Q and in other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Contacts:
Media
tronc
Marisa Kollias
312.222.3308
mkollias@tronc.com
Investors
tronc
Aaron Miles
312.222.4345
amiles@tronc.com

text: TRONC

text: BESTREVIEWS

text: tronc, Inc.

text: BestReviews

text: BestReviews

text: BestReviews

text: BestReviews

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dataset: buster

text:
EX-99.1
5
file5.htm
PRESS RELEASE DATED DECEMBER 18, 2006
FOR IMMEDIATE RELEASE
HANDHELD ENTERTAINMENT ACQUIRES YOURDAILYMEDIA.COM FOR $1.06 MILLION;
HANDHELD'S NETWORK OF WEB SITES NOW ATTRACTS AS MANY AS 5 MILLION UNIQUE
VISITORS PER MONTH
HandHeld Entertainment's growing comedy/humor network of user-generated
and user-submitted Web sites - YourDailyMedia.com, Dorks.com,
FunMansion.com and Free STUFF! - generates one of the largest
online audiences in the funny bone marketplace
SAN FRANCISCO - Dec. 18, 2006 - HandHeld Entertainment(TM) (NASDAQ: ZVUE, ZVUEW)
today announced it has acquired YourDailyMedia.com(TM) for $1.06 million
($200,000 in cash payable in January 2007, $60,000 in cash payable during the
next 12 months and a five-year $800,000 note which can be converted into 186,306
shares of HandHeld Entertainment's common stock).
Launched in June 2005, YourDailyMedia.com contains a growing library of more
than 4,500 "edgy" user-generated and user-submitted videos and thousands of
other media selections, including photos, games, jokes and more.
YourDailyMedia.com attracts more than 1.8 million unique visitors per month and
generated more than 5.8 million page views in November.
In the past 35 days, HandHeld Entertainment has acquired three leading Web site
properties focused on delivering funny and humorous videos and other forms of
media to customers for free. In combination, these three sites -
YourDailyMedia.com, Dorks.com(TM) and FunMansion.com(TM), along with the Free
STUFF! section of ZVUE.com(TM) - are expected to attract more than 5 million
unique visitors in December.
"The acquisition of YourDailyMedia.com is a great addition to our growing online
network of comedy/humorous Web sites that contain lots of user-generated and
user-submitted videos and other media", said Jeff Oscodar, president and chief
executive officer of HandHeld Entertainment. "We now have a solid foundation in
the comedy space, a foundation that makes HandHeld Entertainment's online comedy
network one of the largest in the world in terms of unique visitors and page
views. But we do not intend to rest on our laurels.
"We have already begun executing our plans to maximize these assets through
improved and accelerated advertising and marketing efforts, cross-promotional
opportunities and building one of the best networks for online comedy in the
world. We will continue to look for opportunities to maximize shareholder and
customer value through our complete personal media solutions, whether that's for
owners of our ZVUE(TM) personal media players, owners of other brands of PMPs or
cell phones, or for users of our premium media Web site, ZVUE.com, or any of our
free Web sites, such as YourDailyMedia.com".
Representative of the edgy user-generated and user-submitted videos posted
recently on YourDailyMedia.com are the following:
o Skater on Fire at Skater on Fire,
o The Best Trick Shot at The Best Trick Shot,
o No Smoking in the Bog at No Smoking in the Bog, and
o Lamborghini Murcielago vs Lamp Post at Lamborghini Murcielago vs Lamp Post.
"As I came to understand HandHeld Entertainment's vision, I thought it was
absolutely brilliant, and I knew YourDailyMedia.com should be a key component
that vision", said Scott Worsnop, founder of YourDailyMedia.com. "My initial
goal was to build a site that people everywhere would think of as their daily
media fix for fun and edgy videos and other stuff. By becoming part of
HandHeld's online comedy network, I'm confident that we will be able to grow our
reach and penetration to comedy lovers everywhere".
With the acquisition of YourDailyMedia.com, HandHeld Entertainment now has
nearly 11,000 videos available to its users through its network of Web sites.
These include premium music videos, anime features, television shows, movies,
cartoons, independent films, documentaries, news, entertainment and sports
programs from companies ranging from Sony BMG to IMG Media and from Canadian
Broadcast Corp. to Fun Little Movies, as well as free user-generated and
user-submitted video selections and other forms of media.
In addition, HandHeld Entertainment announced last week the launch of ZAPP(TM)
media manager, a software product used for managing digital videos, music and
photos on personal computers, ZVUE personal media players, other PMP brand
players, as well as on cell phones and portable digital assistants (PDAs) that
support Windows Mobile 5.0. ZAPP is available for free at
www.zvue.com/players/zapp.php.
ABOUT THE ZVUE
Available today in approximately 2,000 Wal-Mart stores throughout the United
States, as well as online at such locations as Amazon.com, the SRP $99 (US) ZVUE
plays videos and MP3 files and also allows users to view digital pictures from a
digital camera or home video from a camcorder. The ZVUE offers full-color video
and clear audio sound that gives users a robust, on-the-go digital experience
when coupled with downloadable content from HandHeld Entertainment's family of
Web sites.
ABOUT HANDHELD ENTERTAINMENT, INC.
HandHeld Entertainment is a digital-media-to-go company with a family of
mass-market portable media players priced at mass-market prices as well as its
own online video content store. Its ZVUE portable media players are available
for purchase online and in retail locations across the U.S., while portable
video lovers can visit HandHeld Entertainment's premium video content store at
www.zvue.com to buy pay-per-download videos. Customers can also download free
user-generated videos and other media from the Free STUFF! section of ZVUE.com,
as well as from YourDailyMedia.com, Dorks.com and FunMansion.com, wholly owned
subsidiaries of HandHeld Entertainment. HandHeld Entertainment's common stock
and warrants are traded on the NASDAQ Capital Market (ZVUE, ZVUEW) and Boston
Stock Market (HDE, HDEW). For more information, visit www.hheld.com/ir or call
415-495-6470.
# # #
HandHeld Entertainment, YourDailyMedia.com, Dorks.com, FunMansion.com, ZVUE.com,
ZVUE and ZAPP are trademarks of HandHeld Entertainment. All other trademarks are
property of their respective owners.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995
This announcement contains 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 within the meaning of the Private Securities
Litigation Reform Act of 1995. Actual results could differ materially from those
projected in the forward-looking statements as a result of various factors
including the ability of the company to successfully commercialize its new
technologies as well as risk factors set forth from time to time in HandHeld
Entertainment's filings with the United States Securities and Exchange
Commission, including Annual Reports on Form 10-KSB, Quarterly Reports on Form
10-QSB and Current Reports on Form 8-K and other reports filed by the company
with the SEC. The company undertakes no obligation to publicly release the
result of any revisions to these forward-looking statements, which may be made
to reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. As a result, investors should not place
undue reliance on these forward-looking statements.
MEDIA CONTACTS FOR HANDHELD ENTERTAINMENT:
David Politis, Politis Communications, 801-523-3730(wk), 801-556-8184(cell),
dpolitis@politis.com or
--------------------
Jonathan Bacon, Politis Communications, 801-523-3730(wk), 801-660-7820(cell),
jbacon@politis.com
------------------
INVESTOR CONTACT FOR HANDHELD ENTERTAINMENT:
Robert Prag, The Del Mar Consulting Group, Inc., 858-794-9500,
bprag@delmarconsulting.com
--------------------------

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source_dataset: expertai/BUSTER

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


text:
EX-99.1
2
ex99-1.htm
EXHIBIT 99.1
ex99-1.htm
Exhibit 99.1
PDL BioPharma
Completes Royalty Transaction with
ARIAD
Pharmaceuticals
INCLINE VILLAGE, Nev., July 29, 2015 -- PDL BioPharma, Inc. (NASDAQ: PDLI) today announced that it has entered into a revenue interest assignment agreement (the "Agreement") in which it has agreed to provide ARIAD Pharmaceuticals, Inc. (NASDAQ: ARIA) with up to $200 million in revenue interest financing in exchange for royalties on the net revenues of Iclusig
®
(ponatinib). Funding of the first $100 million will be made in two tranches of $50 million each, with the initial amount having already been funded on the closing date of the agreement and an additional $50 million to be funded on the 12-month anniversary of the closing date. In addition, ARIAD has an option to draw up to an additional $100 million at any time between the sixth and twelfth month anniversaries of the closing date.
PDL will initially receive 2.5% of the worldwide net revenues of Iclusig until the one year anniversary of the closing date, at which time the royalty increases to 5.0% of the worldwide net revenues of Iclusig and remains until December 31, 2018. Beginning January 1, 2019 and thereafter, the royalty rate will increase to 6.5%, subject to an additional increase to 7.5% if PDL's funding exceeds $150 million. If PDL does not receive payments equal to or greater than the total amount funded on or before the fifth anniversary of each of the respective fundings, ARIAD will pay PDL the difference between the amounts funded by PDL and the amounts paid to such date. PDL has a put option based upon certain events and ARIAD has a call option to repurchase the revenue interest at any time. Both the put and call prices have been pre-determined.
"We are extremely pleased to be able to structure a flexible, customized financial agreement that provides ARIAD with capital to support its key products", stated John P. McLaughlin, president and chief executive officer of PDL BioPharma.
"We are pleased to collaborate with PDL as we begin the next phase of our company's growth with the initiation of a front-line trial of brigatinib and plans for its commercialization, along with continued commercialization of Iclusig", said Dr. Harvey J. Berger, M.D., chairman and chief executive officer of ARIAD. "Furthermore, this agreement provides ARIAD with the flexibility needed for future financing and business development activity".
About Iclusig
®
(
ponatinib
)
Iclusig is approved in the U.S., EU, Australia, Israel, Canada and Switzerland.
In the U.S., Iclusig is a kinase inhibitor indicated for the:
●
Treatment of adult patients with T315I-positive chronic myeloid leukemia (chronic phase, accelerated phase, or blast phase) or T315I-positive Philadelphia chromosome positive acutelymphoblastic leukemia (Ph+ ALL).
●
Treatment of adult patients with chronic phase, accelerated phase, or blast phase chronic myeloid leukemia or Ph+ ALL for whom no other tyrosine kinase inhibitor (TKI) therapy is indicated.
These indications are based upon response rate. There are no trials verifying an improvement in disease-related symptoms or increased survival with Iclusig.
About
ARIAD
ARIAD Pharmaceuticals, Inc., headquartered in Cambridge, Massachusetts and Lausanne, Switzerland, is an integrated global oncology company focused on transforming the lives of cancer patients with breakthrough medicines. ARIAD is working on new medicines to advance the treatment of various forms of chronic and acute leukemia, lung cancer and other difficult-to-treat cancers. ARIAD utilizes computational and structural approaches to design small-molecule drugs that overcome resistance to existing cancer medicines. For additional information, visit http://www.ARIAD.com or follow ARIAD on Twitter (@ARIADPharm).
Iclusig
®
is a registered trademark of ARIAD Pharmaceuticals, Inc.
About PDL BioPharma, Inc.
PDL manages a portfolio of patents and royalty assets, consisting of its Queen et al. patents, license agreements with various biotechnology and pharmaceutical companies, and royalty and other assets acquired. To acquire new income generating assets, PDL provides non-dilutive growth capital and financing solutions to late-stage public and private healthcare companies and offers immediate financial monetization of royalty streams to companies, academic institutions, and inventors. PDL has invested approximately $830 million to date. PDL evaluates its investments based on the quality of the income generating assets and potential returns on investment. PDL is currently focused on intellectual property asset management, acquiring new income generating assets and maximizing value for its shareholders.
PDL was founded in 1986 and is headquartered in Incline Village, Nevada.
For more information, please visit www.pdl.com.
PDL BioPharma and the PDL BioPharma logo are considered trademarks of PDL BioPharma, Inc.
Forward-looking Statements
This Press Release contains "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or predictions of future conditions, events or results based on various assumptions and management's estimates of trends and economic factors in the markets in which we are active, as well as our business plans. Words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", "projects", "forecasts", "may", "should", variations of such words and similar expressions are intended to identify such forward-looking statements. The forward-looking statements may include, without limitation, statements regarding forecasted revenues in respect of product development, product potential or financial or operational performance. The forward-looking statements are subject to risks and uncertainties, which may cause results to differ materially from those set forth in the statements. Forward-looking statements in this release should be evaluated together with the many uncertainties that affect the business of each of PDL and ARIAD and their markets, particularly those discussed in the risk factors and cautionary statements in filings made by PDL and ARIAD with the Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from those projected. The forward-looking statements are representative only as of the date they are made, and neither PDL nor ARIAD assumes any responsibility to update any forward-looking statements, whether as a result of new information, future events or otherwise.

text: PDL BioPharma, Inc.

text: ARIAD Pharmaceuticals, Inc.

text: Harvey J. Berger

text: ARIAD Pharmaceuticals, Inc.

text: ARIAD Pharmaceuticals, Inc.

text: PDL BioPharma, Inc.

text: PDL BioPharma, Inc.


text:
EX-99.1
2
a09-25634_1ex99d1.htm
EX-99.1
Exhibit 99.1
NEWS RELEASE
CHASE CORPORATION ACQUIRES C.I.M. INDUSTRIES, INC.
Bridgewater, MA, September 8, 2009
- Chase
Corporation
(NYSE Amex: CCF)
announced that it has
acquired 100% of the capital stock of C.I.M. Industries, Inc. ("C.I.M.") www.cimindustries.com,
a private company whose high performance coatings and membranes have been
"keeping liquids where they belong"
for over 30 years. C.I.M. had revenues of $9.2 million in their
most recently completed year ended December 31, 2008. The purchase was funded through a combination
of cash, bank financing and a note payable to C.I.M. shareholders.
C.I.M.
manufactures fluid applied liners and coatings for applications that include;
potable water, wastewater systems, chemical containment, waterproofing decks
and pavements, water features, and cooling towers. The C.I.M. line of unique low - VOC
polyurethanes offers unmatched performance in chemical resistance and
durability all while enabling extreme flexibility to provide a resilient,
elastomeric, immersion coating that is essential to protect new and aging
infrastructure.
With
a primary focus on the water and wastewater industry, C.I.M. has the preferred
products that complement Chase Corporation's product line of high performance
tapes and coatings. "C.I.M. is
consistent with our growth strategy of expanding our products and services to
high reliability coatings applications.
Potable water and wastewater systems are critical to preserve a vital
resource that will continue to command investment well into the future", stated
Peter R. Chase, CEO of Chase Corporation.
Peter Chase added, "We expect to add value to C.I.M. by leveraging our presence
in key markets around the world".
Chase
Corporation www.chasecorp.com, founded in 1946, is a publicly traded company
(NYSE Amex: CCF) and a Global Manufacturer of Tapes, Laminates, Sealants, and Coatings
for high reliability applications.
# END #
Contact: Paula Myers: Shareholder & Investor Relations
E-mail: investorrelations@chasecorp.com Phone: (508) 279-1789 ext. 219

text: CHASE CORPORATION

text: C.I.M. INDUSTRIES, INC.

text:
Chase
Corporation

text: C.I.M. Industries, Inc.

text: Chase Corporation

text: Peter R. Chase

text: Chase Corporation

text:
Chase
Corporation


text:
EX-99.1
4
alco-ex991_6.htm
EX-99.1_PR_FL_STATE_SALE
alco-ex991_6.htm
Exhibit 99.1
Alico, Inc. Announces Completion of Sale of Land to State of Florida
Fort Myers, FL, April 15, 2021 - Alico, Inc. ("Alico" or the "Company") (Nasdaq: ALCO) today announces the State of Florida purchased, under the Florida Forever program,
approximately 5,734 acres of Alico Ranch for $14.4 million, pursuant to an option agreement entered into between the State of Florida and Alico earlier this fiscal year.
John Kiernan, Alico's President and Chief Executive Officer, commented, "We are pleased that the State of Florida has continued to purchase parcels within the Alico Ranch. This is now the third sales transaction we have completed with the State of Florida within the last three years, aggregating over 22,000 acres. Alico intends to use these sales proceeds to opportunistically prepay a portion of its fixed-rate term debt.
We remain encouraged by the continued level of prospective sales activity from other buyers of parcels on both the West and East parts of the Alico Ranch. We believe that if we are successful with our continued efforts to divest additional acreage of Alico Ranch, we will be able to redeploy these sales proceeds into building shareholder value, possibly through continuing to increase quarterly common dividends, a like-kind exchange structure to defer a portion of capital gains taxes, retiring additional debt, continuing to increase quarterly common dividends or even considering special dividends. All of these uses of proceeds will be carefully considered in an effort to achieve greater returns for our shareholders".
About Alico
Alico, Inc. primarily operates two divisions: Alico Citrus, one of the nation's largest citrus producers, and Land Management and Other Operations, which include environmental services, land leasing and related support operations. Learn more about Alico (Nasdaq: "ALCO") at
www.alicoinc.com
.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Alico's current expectations about future events and can be identified by terms such as "plans", "expect", "may", "anticipate", "intend", "should be", "will be", "is likely to", "believes", and similar expressions referring to future periods.
1
Alico believes the expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements. Actual results may differ materially from those expressed or implied in the forward-looking statements. Therefore, Alico cautions you against relying on any of these forward-looking statements. Factors which may cause future outcomes to differ materially from those foreseen in forward-looking statements include, but are not limited to: changes in laws, regulation and rules, including tax laws and tax rates; weather conditions that affect production, transportation, storage, demand, import and export of fresh product and their by-products; increased pressure from diseases including citrus greening and citrus canker, as well as insects and other pests; disruption of water supplies or changes in water allocations; market pricing of citrus; pricing and supply of raw materials and products; market responses to industry volume pressures; pricing and supply of energy; changes in interest rates; availability of financing for land development activities and other growth and corporate opportunities; onetime events; acquisitions and divestitures;
ability to make strategic acquisitions or divestitures; ability to redeploy proceeds from divestitures; ability to consummate selected land acquisitions; ability to take advantage of tax deferral options; seasonality; labor disruptions; inability to pay debt obligations; inability to engage in certain transactions due to restrictive covenants in debt instruments; government restrictions on land use; changes in agricultural land values; impact of the COVID-19 outbreak and coronavirus pandemic on our agriculture operations, including without limitation demand for product, supply chain, health and availability of our labor force, the labor force of contractors we engage, and the labor force of our competitors; other risks related to the duration and severity of the COVID-19 outbreak and coronavirus pandemic and its impact on Alico's business; the impact of the COVID-19 outbreak and coronavirus pandemic on the U.S. and global economies and financial markets; access to governmental loans and incentives; any reduction in the public float resulting from repurchases of common stock by Alico; changes in equity awards to employees; whether the Company's dividend policy, including its recent increased dividend amounts, is continued; expressed desire of certain of our shareholders to liquidate their shareholdings by virtue of past market sales of common stock, by sales of common stock or by way of future transactions; political changes and economic crises; competitive actions by other companies; increased competition from international companies; changes in environmental regulations and their impact on farming practices; the land ownership policies of governments; changes in government farm programs and policies and international reaction to such programs; changes in pricing calculations with our customers; fluctuations in the value of the U.S. dollar, interest rates, inflation and deflation rates; length of terms of contracts with customers;
impact of concentration of sales to one customer; and changes in and effects of crop insurance programs, global trade agreements, trade restrictions and tariffs, soil conditions, harvest yields, prices for commodities, and crop production expenses. Other risks and uncertainties include those that are described in Alico's SEC filings, which are available on the SEC's website at http://www.sec.gov. Alico undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law.
This press release also contains financial projections that are necessarily based upon a variety of estimates and assumptions which may not be realized and are inherently subject, in addition to the risks identified in the forward-looking statement disclaimer, to business, economic, competitive, industry, regulatory, market and financial uncertainties, many of which are beyond the Company's control. There can be no assurance that the assumptions made in preparing the financial projections will prove accurate. Accordingly, actual results may differ materially from the financial projections.
Investor Contact:
Investor Relations
(646) 277-1254
InvestorRelations@alicoinc.com
Richard Rallo
Senior Vice President and Chief Financial Officer
(239) 226-2000
rrallo@alicoinc.com
2

text: Alico

text: State of Florida

text: Alico

text: Alico

text: State of Florida

text: Alico

text: State of Florida

text: Alico

text: Alico

text: State of Florida

text: Alico

text: State of Florida

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico

text: Alico


text:
EX-99.3
6
grom_8k-ex9903.htm
PRESS RELEASE
Exhibit 99.3
GROM SOCIAL BEGINS TRADING PUBLICLY
Owner
of the "Grom Social" Website for Kids will Initially Trade on the OTCQB under the Symbol "ILLU"
August 22, 2017, Boca Raton, Florida
[BusinessWire]:
Illumination America ("OTCQB: "ILLU") today announced that it has completed its acquisition
of Grom Holdings, Inc. ("Grom"). Illumination agreed to acquire all of the issued and outstanding common shares of
Grom in exchange for the issuance of an aggregate of 110,853,883 "restricted" shares of its common stock, representing
approximately 92% of Illumination's issued and outstanding shares. Additionally, concurrent with the closing of the transaction,
Illumination has changed its name to "Grom Social Enterprises, Inc".
The Company will now operate primarily
through four wholly owned subsidiaries, including Grom Social, Inc., TD Holdings Limited, Grom Educational Services, Inc., and
Grom Nutritional Services, Inc. Grom Social, Inc. is a Florida corporation which operates a safe social media network for children.
TD Holdings Limited, which Grom acquired in July 2016, is a Hong Kong corporation and the parent company of Top Draw Animation,
Inc., a corporation formed and operating in Manila, Philippines, which operates an animation business. Grom Educational Services
operates the Company's NetSpective WebFiltering services that is provided to schools and libraries; and Grom Nutritional
Services, Inc. is a corporation through which the Company intends to market and distribute four flavors of a nutritional fruit
supplement to children by the end of 2017. Illumination America LLC is where the Company will operate its existing LED business
until such time as a decision is made as to the future of this business.
Darren
Marks, Grom's Chairman and new CEO of Grom Social Enterprises, stated, "Management is incredibly excited about our
transition to a public company. This is an important part of our growth strategy. During the past five years our management team
and Grom employees have worked diligently to implement the various Grom business plans. We believe we have built a formidable company
that includes our core Grom Social website and other Company owned platforms. Since inception in 2012, Grom Social's website
has grown to over 5 million total users between the ages of five and 16 in over 200 countries, as well as millions of parents,
teachers and guardian users. In addition, the Company's TDA Animation subsidiary produces original 2D animated content for
Grom, as well as for top tier mass media entertainment companies worldwide. The Company's web filtering services provides
internet security services to nearly 2 million children in 3,700 schools. The Company also provides its MamaBear child safety application
in which
a parent can follow and protect their child's online presence by monitoring their social networking and social
media accounts.
As
a public company, we hope to create shareholder value, access available capital, and obtain the broader recognition that will help
us achieve our objective of offering kids a safe environment to play, chat and be entertained while learning to be good digital
citizens."
Mr.
Marks continued, "Our primary focus as a company has been to continue producing a wide variety of unique children's
content, in order to become a leader in the entertainment, and online social media and social network service marketplace. Finally,
I want to thank our shareholder base who have patiently and confidently supported us and helped us achieve this significant milestone
without the need for any toxic, dilutive or expensive venture capital financings".
1
About Grom Social Enterprises,
Inc.
Grom Social Enterprises, Inc. owns and
operates Grom Social, a safe social media platform for kids between the ages of five and 16. Since our beginnings in 2012, Grom
Social has attracted kids and parents with the promise of a safe and secure environment where their kids can be entertained and
can interact with their peers while learning good digital citizenship.
The Company also owns and operates Top
Draw Animation, Inc., an award-winning Manila, Philippines based animation company which produces 2D animated content for Grom
Social. TDA is recognized by producers and broadcasters as a provider of quality television animation and currently provides services
to many high-profile properties, including Tom and Jerry, My Little Pony and Disney Animation's Penn Zero: Part-Time Hero.
In addition, the Company's Grom Educational
Services subsidiary provides web filtering services to an additional two million children across 3,700 schools and libraries, and
its Grom Nutritional Services subsidiary is in the process of producing healthy nutritional supplements for children.
For more information please visit Grom's website at www.gromsocial.com
Safe Harbor Statement
This press release may contain forward
looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that
could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to
the amount and timing of expected revenues and any payment of dividends on our common stock, statements related to our financial
performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. Actual results
and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements
due to a number of factors. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon
many factors including, but not limited to, general stock market conditions. We have incurred and will continue to incur significant
expenses in our expansion of our existing and new service lines, noting there is no assurance that we will generate enough revenues
to offset those costs in both the near and long term. Additional service offerings may expose us to additional legal and
regulatory costs and unknown exposure(s) based upon the various geopolitical locations where we will be providing services, the
impact of which cannot be predicted at this time. All forward-looking statements speak only as of the date of this press release.
We undertake no obligation to update any forward-looking statements or other information contained herein. Stockholders and potential
investors should not place undue reliance on these forward-looking statements. Although we believe that our plans, intentions and
expectations reflected in or suggested by the forward-looking statements in this report are reasonable, we cannot assure stockholders
and potential investors that these plans, intentions or expectations will be achieved. Except to the extent required by law, we
undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events,
a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.
Contact Information:
Investor and Media Contacts:
Melvin Leiner, Executive Vice-President
Ralph Sabella, Vice President Operations
Phone: 1-844-704-4766
Investor.relations@gromsocial.com
2

text: GROM

text: Grom

text: Illumination America

text: Grom Holdings, Inc.

text: Grom

text: Illumination

text: Grom

text: Illumination

text: Illumination

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Illumination America

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Grom

text: Ralph Sabella


text:
EX-99.1
3
a05-20970_1ex99d1.htm
EXHIBIT 99
Exhibit 99.1
FOR IMMEDIATE RELEASE
Click Commerce Acquires Requisite Technology, Inc.
Acquisition provides leading Master
Data Management capabilities to drive Collaborative
Commerce Solutions Across the Demand, Supply and Service Chains
CHICAGO, Nov. 22,
2005 -
Click Commerce, Inc. (Nasdaq: CKCM), a leading
provider of collaborative commerce solutions and a pioneer in the software as a
service (SaaS) industry, today announced it has acquired Requisite Technology,
Inc (Requisite). The acquisition enhances Click Commerce, Inc.'s (Click
Commerce) catalog offering by adding a widely-implemented Master Data
Management (MDM) capability that is an enabler of collaborative commerce and
RFID programs. Requisite's MDM software is currently embedded in one of the world's
largest Enterprise Resource Planning (ERP) provider's solutions, with
approximately 400 of its customers actively using elements of the Requisite
solution. Requisite's software is already in use on a SaaS basis with various
leading Business Process Outsourcing (BPO) providers who are using the
applications to support their procurement operations.
In
addition to providing MDM capabilities, the acquisition adds patented
technology and increases Click Commerce's presence in Europe with additional
sales and support staff in key markets, providing Click Commerce with
additional opportunities to deliver its Demand, Supply and Service chain
collaborative commerce solutions.
The
acquisition broadens Click Commerce's solutions portfolio to include Requisite's
Bugseye ® patented search engine, Content Workstation
content
cleansing, alignment and validation tools, eMerge
tm
content
aggregation and workflow management tools, and a unique framework for using the
data across many different levels: industries, regions, companies, and
departments. Requisite provides software to many different industries and end
users, including the aerospace and defense, commercial aviation, consumer
goods, contract repair, high-tech, telecom, petrochemical and transportation
industries. Some of Requisite's leading customers
include BASF, Eastman Kodak, Graybar, Marathon Ashland Petroleum, and
Union Bank of California.
Requisite's
solutions enable companies to manage information about any type of item,
including finished goods for resale, direct materials used in manufacturing,
and indirect materials used in Maintenance, Repair and Overhaul (MRO)
operations. These solutions also enable companies to create, collect, align,
and enhance data to provide one uniform version of information, regardless of
their catalog needs. Requisite's patented search capabilities allow users to
search aggregated information to find relevant results and have access to item
details and images.
Requisite
currently licenses certain of its products to one of the world's leading ERP
providers, which has sublicensed it to its customers as part of its Supplier
Relationship Management (SRM) solution. Requisite provides ongoing service and
maintenance with respect to its products under subcontract with this ERP
provider. As part of Click Commerce's acquisition of Requisite, the ERP
provider has extended its contractual relationship with Requisite through 2006.
As a result, Requisite will continue to provide support to the end users of its
products through the next year. At the end of this contract period, Click
Commerce would anticipate continuing to offer customers using Requisite's
products support on a direct basis.
Click
Commerce is purchasing Requisite for approximately 800,000 shares of Click
Commerce Common stock and approximately $1,000,000 in cash. As a result of the acquisition, Click
Commerce's cash and cash equivalents will increase by over $8,500,000.
About
Requisite Technology, Inc.
Requisite
Technology develops Master Data Management solutions for transforming
disorganized plant, material, and finished product data into consistent
information repositories. Leading business software providers have made
Requisite a part of their solutions. In addition, Requisite directly and
through its global service partners, including Atos Origin, delivers
infrastructure and services that make manufacturers' MDM and related cost
reduction projects successful.
About Click Commerce
Click
Commerce, Inc. (Nasdaq: CKCM) provides collaborative commerce solutions
for sales and order management, supply chain management, service parts
optimization, and compliance automation. Enterprises and institutions in the
aerospace and defense, consumer product, distribution, financial services,
higher education and health care, manufacturing, retail,
telecom, and transportation industries utilize the Company's solutions.
Click Commerce enables corporations such as Abbott Labs, Alaska Airlines, BAE
Systems, Carrier, Cisco, Citibank, Dell, Delphi, Eastman Kodak, FedEx, Hewlett
Packard, Home Shopping Network, Honda, IBM, Lockheed Martin, Microsoft, Pier 1,
Ryder, Samsung, SBC Communications, Tellabs, Verizon, and Xerox, to coordinate
and optimize business processes, accelerate revenue, lower costs, and improve
customer service. Five of the top 10 research institutions in North America,
including Johns Hopkins, University of Washington, and the University of
Michigan, use the Company's compliance automation software to automate their
regulatory compliance processes and manage research project approvals. More
information can be found at www.clickcommerce.com.
Copyright
Click
Commerce is a registered trademark of Click Commerce, Inc. and its
subsidiaries. All other company and product names mentioned herein may be
trademarks and/or registered trademarks of their respective companies.
Investor Contact:
Mike Nelson
Click Commerce, Inc.
(312) 377-3050
ir@clickcommerce.com
Media Contact:
Nellie Greely
Click Commerce, Inc.
(312) 377-3944
nellie.greely@clickcommerce.com

text: Click Commerce

text: Requisite Technology, Inc.

text: Click Commerce, Inc.

text:
Requisite Technology,
Inc

text: Requisite

text: Click Commerce, Inc.

text:
Click
Commerce

text: Requisite

text: Requisite

text: Requisite

text: Click Commerce

text: Click Commerce

text: Click Commerce

text: Requisite

text: Requisite

text: Requisite

text: Requisite

text: Requisite

text: Requisite

text: Requisite

text: Click Commerce

text: Requisite

text: Requisite

text: Requisite

text:
Click
Commerce

text: Requisite

text:
Click
Commerce

text: Requisite

text:
Click
Commerce

text:
Click
Commerce

text: Requisite Technology, Inc.

text: Requisite

text: Requisite

text: Click Commerce

text:
Click
Commerce, Inc.

text: Click Commerce

text:
Click
Commerce

text: Click Commerce, Inc.

text: Click Commerce, Inc.

text: Click Commerce, Inc.


text:
EX-99
5
v070902_ex99-1.htm
Exhibit
99.1
For
Immediate Release
Contact
Information
Monday,
April 2, 2007
Investors:
Roberto R. Thomae
(210)
496-5300 ext. 214, bthomae@txco.com
Media:
Paul Hart
(210)
496-5300 ext. 264,
pdhart@txco.com
The
Exploration Company Closes
Output
Exploration Acquisition
SAN
ANTONIO -- April
2,
2007 --
The Exploration Company (Nasdaq:TXCO) today announced
it has closed its previously announced acquisition of Output Exploration LLC,
a
privately held, Houston-based exploration and production firm.
The
transaction, largest in TXCO's history, doubles the Company's proved reserves
and increases its current oil and gas production by nearly two-thirds. The
acquisition price of $95.6 million includes $91.6 million in cash plus
approximately 339,000 TXCO common shares. Concurrent with the closing, TXCO
elected to terminate all hedges assumed in the acquisition with a payment of
$4.8 million. BMO Capital Markets served as financial advisor to
TXCO.
Conference
Call
TXCO
will
host a conference call for investors, analysts and other interested parties,
scheduled for 9 a.m. EDT (8 a.m. CDT) Tuesday, April 3, 2007, to discuss the
Output closing. Participants may call (866) 322-9730 (U.S./Canada) or (706)
679-6054 (International), passcode 4159032.
The
call
also will be broadcast live over the Internet at http://www.txco.com/concall.html.
A replay
will be available through Thursday, April 5, 2007 at (800) 642-1687
(U.S./Canada) and (706) 645-9291 (International) using passcode 4159032 and
for
30 days at http://www.txco.com/concall.html.
About
The Exploration Company
The
Exploration Company is an independent oil and gas enterprise with interests
primarily in the Maverick Basin of Southwest Texas and the Marfa Basin in West
Texas. The Company has a consistent record of long-term growth in its proved
oil
and gas reserves, leasehold acreage position, production and cash flow through
its established exploration and development programs. Its business strategy
is
to build shareholder value by acquiring undeveloped mineral interests and
internally developing a multi-year drilling inventory through the use of
advanced technologies, such as 3-D seismic and horizontal drilling. The Company
accounts for its oil and gas operations under the successful efforts method
of
accounting and trades its common stock on Nasdaq's Global Select Market under
the symbol "TXCO".
More
information about potential factors that could affect the Company's operating
and financial results is included in TXCO's annual report on Form 10-K for
the
year ended Dec. 31, 2006. This and all previously filed documents are on file
at
the Securities and Exchange Commission and can be viewed on TXCO's Web site
at
www.txco.com. Copies are available without charge upon request from the
Company.

text:
The
Exploration Company

text: The Exploration Company

text: Output Exploration LLC

text: BMO Capital Markets

override: organization

text: The Exploration Company

text:
The
Exploration Company


text:
EX-99.1
2
v19146_ex99-1.txt
SIMCLAR, INC. ANNOUNCES STRATEGIC ACQUISITION
Hialeah, FL-May 25th, 2005, -Simclar, Inc. (NASDAQ:SIMC), a multi-plant
electronics contract manufacturer announced today the acquisition of Simclar
(North America), Inc. a comprehensive fabricator of sheet metal components and
higher level assemblies based in Winterville, North Carolina.
Simclar (North America), Inc. is a private company and was acquired from our
parent, Simclar Group Limited. Simclar (North America), Inc. recorded sales of
approximately $5,476,000 in 2004. These sales were generated from the company's
95,000 square foot manufacturing facility. The purchase price was $37,000,
representing the net book value of Simclar (North America), Inc.'s assets less
liabilities at March 31, 2005. Included in the calculation of net book value is
a $3,833,000 liability reflecting an intercompany payable to Simclar Group
Limited.
Barry Pardon, President commented: "This acquisition allows us to directly
expand our product offerings in the Northeast and Midwest for fabricated sheet
metal and higher level assemblies. Although we have a fabrication plant in
Matamoros, Mexico, on medium and lower labor content fabrication, shipping costs
from Mexico can, in certain circumstances, be prohibitive for certain customers,
depending on their geographic location. A North Carolina facility, with full
hard and soft tool capabilities, as well as a powder coat paint line and plastic
injection molding is an attractive addition. We intend to expand this facility's
higher level assembly capabilities over the next twelve months".
Simclar, now with six North American manufacturing locations, has been engaged
in contract manufacturing of electronic and electro-mechanical products for OEMs
for 29 years.
Statements in this news release, which relate to other than strictly historical
facts, such as statements about the Company's plans and strategies, expectations
for future financial performance, and markets for the Company's products and
services are forward-looking statements. The words "believe", "expect,"
"anticipate", "estimate", "project", and similar expressions identify
forward-looking statements that speak only as of the date hereof. Investors are
cautioned that such statements involve risks and uncertainties that could cause
actual results to differ materially from historical or anticipated results due
to many factors including, but not limited to, the Company's customer
concentration, debt covenants, competition, and other risks detailed in the
Company's most recent Annual Report on Form 10-K and other Securities and
Exchange Commission filings. The Company undertakes no obligation to publicly
update or revise any forward-looking statements.
Visit Simclar, Inc at its website, www.simclar.com for more information about
the Company.
Contact: Steven Ker, CFO and Secretary, 305-827-5208

text: SIMCLAR, INC.

text: Simclar, Inc.

text:
Simclar
(North America), Inc.

text: Simclar (North America), Inc.

text: Simclar (North America), Inc.

text: Simclar (North America), Inc.

text: Barry Pardon

text: Steven Ker


text:
EX-99.1 CHARTER
3
exhibit991.htm
ACS MEDIA INCOME FUND
FOR IMMEDIATE RELEASE
JOINT ANNOUNCEMENT BY
LOCAL INSIGHT MEDIA, LP AND CBD MEDIA LLC
LOCAL INSIGHT MEDIA, LP AND
CBD MEDIA LLC COMPLETE
COMBINATION OF THEIR PRINT AND INTERNET DIRECTORY BUSINESSES
ENGLEWOOD, COLORADO and CINCINNATI, OHIO, March 21, 2007 -
Local Insight Media, LP ("Local Insight") and CBD Media LLC ("CBD Media") today announced that they have completed the combination of their businesses.
With the conclusion of this transaction, CBD Media, the leading publisher of print and online directories in
the Greater Cincinnati area, will operate as a wholly owned, indirect subsidiary of Local Insight. CBD Media will continue to publish print directories under the Cincinnati Bell Yellow Pages brand and offer online search services at
www.CincinnatiBellYellowPages.com
. CBD Media's management will remain with the combined company.
Local Insight, a portfolio company of Welsh, Carson, Anderson & Stowe, is a leading provider of print directories and Internet-based local search services in the Greater Cincinnati area, Alaska and the Caribbean. As a result of this transaction, Welsh, Carson, Anderson & Stowe retains a majority ownership interest in Local Insight, and Spectrum Equity Investors (which previously indirectly owned approximately 95% of CBD Media) owns a substantial minority stake in Local Insight. The combined company has consolidated annual revenues in excess of $225 million.
Wachovia Securities
acted as exclusive financial advisor to Local Insight in the transaction. Wachovia Securities, Lehman Brothers Inc., Merrill Lynch & Co. and General Electric Capital Corporation provided the financing necessary to consummate the transaction. Merrill Lynch & Co. and Lehman Brothers Inc. acted as financial advisors to CBD Media in the transaction.
Scott Pomeroy, Local Insight's President and CEO, said: "The combination of Local Insight and CBD Media is another major achievement for us, creating the fifth largest directory publisher in the United States. Doug Myers and his team have done an exceptional job at CBD Media. For several years, they have delivered financial and operating results that lead the directory publishing industry. I am very excited about this combination, which should enable us to continue growing the company's revenues and enhance performance across our range of print and digital directory products".
Doug Myers, President and CEO of CBD Media, said: "The CBD Media team is delighted to be joining Local Insight. This combination will leverage the complementary strengths of our two companies, positioning the combined company to continue to meet its customers' evolving print and on-line advertising needs. This transaction also leaves Local Insight well-situated for further expansion in the future".
About Local Insight Media, LP
Local Insight Media, LP, through its subsidiaries, is a leading provider of print directories and Internet-based local search services in the Greater Cincinnati area, Alaska and the Caribbean. Local Insight indirectly owns CBD Media LLC, the leading publisher of print and online directories in the Cincinnati-Hamilton metropolitan area; ACS Media LLC, the largest publisher of print and Internet advertising directories in Alaska; and Caribe Servicios de Información Dominicana, S.A., the leading publisher of yellow and white pages directories in the Dominican Republic. In addition, Local Insight indirectly owns 60% of Axesa Servicios de Información, S. en C., the largest directory publisher in Puerto Rico.
Local Insight is a portfolio company of Welsh, Carson, Anderson & Stowe ("WCAS"), which is one of the largest and most successful private equity investment firms in the United States. Since its founding in 1979, WCAS has organized 14 limited partnerships with total capital of over $16 billion. In addition, Spectrum Equity Investors, a private equity firm, holds a substantial minority stake in Local Insight.
About CBD Media LLC
CBD Media LLC is the ninth largest directory publisher in the United States based on 2006 revenues. The Company is the exclusive directory publisher for Cincinnati Bell branded yellow pages in the Cincinnati-Hamilton metropolitan area, which is the 23
rd
largest metropolitan area in the country.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ significantly from those projected. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. CBD Media's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2006, include more information about factors that could affect CBD Media's financial results.
# # # #
For further information:
Local Insight Media, LP
CBD Media LLC
John Fischer
Doug Myers
General Counsel
President and CEO
Tel: 303-524-1418
Tel: 513-397-6794

text: LOCAL INSIGHT MEDIA, LP

text: CBD MEDIA LLC

text: LOCAL INSIGHT MEDIA, LP

text: CBD MEDIA LLC

text: Local Insight Media, LP

text: CBD Media LLC

label: fund

text: Welsh, Carson, Anderson & Stowe

text: Welsh, Carson, Anderson & Stowe

text: Spectrum Equity Investors

text: Wachovia Securities

text: Wachovia Securities

text: Lehman Brothers Inc.

text: Merrill Lynch & Co.

text: General Electric Capital Corporation

text: Merrill Lynch & Co.

text: Lehman Brothers Inc.

text: Doug Myers

text: Doug Myers

text: Local Insight Media, LP

text: Local Insight Media, LP

text: CBD Media LLC

text: Welsh, Carson, Anderson & Stowe

text: WCAS

text: WCAS

text: Spectrum Equity Investors

text: CBD Media LLC

text: CBD Media LLC

text: Local Insight Media, LP

text: CBD Media LLC

text: Doug Myers


text:
EX-99.1
2
ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
CONTACT:
John C. Wobensmith
President and Chief Financial Officer
Baltic Trading Limited
(646) 443-8555
BALTIC TRADING LIMITED ENTERS INTO NEW $148 MILLION
CREDIT FACILITY
COMPANY TAKES DELIVERY OF SECOND OF FOUR ULTRAMAX
VESSELS
New York, New York, January 7, 2015 - Baltic Trading Limited (NYSE: BALT) ("Baltic Trading" or the "Company") announced today that it has entered into a new credit agreement with Nordea Bank Finland plc and Skandinaviska Enskilda Banken AB for a $148 million senior secured credit facility.
The new five-year credit facility is comprised of a $115 million revolving credit facility and a $33 million term loan facility. The $115 million revolving credit facility refinances the total amount outstanding under the Company's existing senior secured revolving credit facility, which was scheduled to mature in 2016. The total amount outstanding under the $115 million facility will be $104.5 million as of January 7, 2015 and remaining amounts can be used for general corporate and working capital purposes. The $33 million term loan facility provides $16.5 million of financing for each of two newbuilding vessels, the Baltic Scorpion and the Baltic Mantis, which are expected to be delivered in the second quarter and third quarter of 2015, respectively. The five-year $148 million senior secured credit facility will bear interest at LIBOR plus a margin of 3.00%.
The Company also announced that it has taken delivery of the Baltic Wasp, a 64,000 dwt Ultramax newbuilding. The Baltic Wasp is the second of four Ultramax vessels to be delivered to the Company under Baltic Trading's previously announced agreements with Yangfan Group Co., Ltd.
The vessel delivered to its charterer, Pioneer Navigation, on January 6, 2015 to commence a spot market-related time charter for 11.5 to 14.5 months. The rate for the spot market-related time charter, which is subject to the completion of definitive documentation, is based on 115% of the average of the daily rates of the Baltic Supramax Index (BSI) published by the Baltic Exchange, as reflected in daily reports.
Additional information pertaining to this press release is available in the Company's current report on Form 8-K filed today with the Securities and Exchange Commission.
About Baltic Trading Limited
Baltic Trading Limited is a drybulk company focused on the spot charter market. Baltic Trading transports iron ore, coal, grain, steel products and other drybulk cargoes along global shipping routes.
Baltic Trading Limited's current fleet consists of four Capesize, four Supramax, two Ultramax and five Handysize vessels with an aggregate capacity of approximately 1,222,000 dwt. After the expected delivery of the remaining two Ultramax newbuildings that Baltic Trading has agreed to acquire, we will own 17 drybulk vessels, consisting of four Capesize, four Ultramax, four Supramax and five Handysize vessels with a total carrying capacity of approximately 1,351,000 dwt.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements use words such as "anticipate", "budget", "estimate", "expect", "project", "intend", "plan", "believe", and other words and terms of similar meaning in connection with a discussion of potential future events, circumstances or future operating or financial performance. These forward-looking statements are based on management's current expectations and observations. Included among the factors that, in our view, could cause actual results to differ materially from the forward-looking statements contained in this report are the following: (i) the completion of definitive documentation with respect to charters; (ii) the fulfillment of the closing conditions under, or the execution of additional documentation for, the Company's agreements to acquire vessels; (iii) obtaining, completion of definitive documentation for, and funding of financing for the vessel acquisitions on acceptable terms; and other factors listed from time to time in our public filings with the Securities and Exchange Commission including, without limitation, the Company's Annual Report on Form 10-K for the year ended December 31, 2013 and its subsequent reports on Form 10-Q and Form 8-K.
###

text: John C. Wobensmith

text: Baltic Trading Limited

text: BALTIC TRADING LIMITED

text: Baltic Trading Limited

text: Nordea Bank Finland

text: Skandinaviska Enskilda Banken AB

text: Baltic Trading Limited

text: Baltic Trading Limited

text: Baltic Trading Limited


text:
EX-99
2
c89903exv99.htm
PRESS RELEASE
exv99
EXHIBIT 99
News Release
Media Relations Contact
Salena Gallo
612-587-2522
salena.gallo@retek.com
Investor Relations Contact
Al Galgano
612-587-2485
al.galgano@retek.com
Retek Extends Its Supply Chain Management Solutions Across The Value Chain
Retek Acquires Certain Assets and the Related Liabilities of Syncra Systems,
Inc. To Expand Its Collaboration Capabilities
Minneapolis - November 16, 2004
- Today Retek Inc. announced the expansion of
its Supply Chain Management (SCM) offering for enhanced Collaborative Planning,
Forecasting and Replenishment (CPFR®) technology. Retek's enhanced SCM
solutions allow retailers to collaborate with their suppliers on planning and
forecasting, resulting in a customer-centric model fueled by an agile supply
chain network that extends from the customer to the supplier, and is
orchestrated around optimized customer demand.
To help extend its SCM offering Retek acquired certain assets and the related
liabilities of Syncra Systems, Inc. Syncra is the leading best-of-breed
provider of CPFR® technology, which allows retailers to work with their
suppliers on promotion planning, consumer demand forecasting and inventory
management decisions. The acquisition of Syncra extends the reach of Retek's
suite of SCM solutions, allowing retailers to incorporate the insights of their
suppliers to create better plans and forecasts and more effectively respond to
changing conditions.
While the case for business-to-business collaboration has always been strong,
Retek moved to acquire the CPFR® market leader now, as CPFR® initiatives shift
from early adopters to mainstream adoption. The return on CPFR® is compelling:
.
Case studies demonstrate CPFR® initiatives reduce retail
out-of-stock rates by 3-10%, while reducing combined distribution
center and store inventories by 15-35%.
.
Collaborating with suppliers to better understand future market
opportunities and supply chain constraints results in the improved
performance of retailers' most significant investment - inventory.
Retek will be a major contributor to this industry movement. As a provider of
integrated best-of-breed supply chain management solutions to major retailers,
Retek enables the integration of collaborative technology with retail planning
systems necessary for scalable deployments.
"Retek's extended footprint in supply chain management equips us for many
exciting opportunities to grow the business", said Marty Leestma, Chief
Executive Officer of Retek. "It enhances Retek's offering to food retailers and
offers new opportunities in the consumer products market by expanding our
target audience. While Retek will remain focused on serving the technology
needs of retailers, we will also
market our SCM solutions and CPFR® technology to retailer-facing manufacturers,
distributors and brokers".
In addition, Syncra Systems brings a strong relationship with the WorldWide
Retail Exchange (WWRE), who will continue to offer hosted solutions based on
the Syncra technology. "The WWRE feels that this is a positive development in
our Collaborative Planning platform", said Sally Herbert, Chief Operating
Officer at the WWRE. "Many WWRE members use Retek's software footprint within
their core business processes. Integrating WWRE Collaborative Planning into
this and aligning Retek more closely with WWRE can only serve to enhance our
value and integration with our customers." WWRE is the premier integrated
worldwide exchange community for retailers and manufacturers, helping its
members by increasing efficiency and lowering supply chain costs. Its current
membership consists of 64 retail industry leaders from around the world.
-more-
Retek has packaged Syncra technology into three solutions, which are available
immediately:
.
Retek Syncra Exchange
- collects, transforms, manages and analyzes
supply and demand chain data, enabling companies to collaborate to
improve planning and execution.
.
Retek Promotion Planning
- manages the lifecycle of promotions,
store openings, new product introductions and other special events that
dramatically affect demand, greatly improving the accuracy and
efficiency of the promotions planning and execution process.
.
Retek Co-Managed Inventory
- a highly flexible, web-based planning
engine that allows retailers and manufacturers to work together to
improve order planning and delivery.
Retek purchased the technology, customer contracts, certain other assets and
the related liabilities of Syncra in exchange for a cash payment of less than
$5 million. The company expects the transaction to be neutral to revenue and
earnings in the near-term. No other terms of the transaction were disclosed.
About Retek Inc.
Founded in 1986, Retek Inc. (Nasdaq:RETK) is the leading worldwide provider of
mission-critical software and services to the retail industry. Retek's goal is
to make our customers the most successful retailers in the world. Retek
solutions integrate collaborative software with patented predictive
technologies, consulting services, and the best practices of customers and
partners to help retailers create, manage and fulfill consumer demand. Retek
solutions can be deployed individually to meet specific business needs, or as
part of a scalable and fully integrated, end-to-end solution. The primary
software solutions consist of five integrated, but independently deployable
groups of products - Merchandise Operations Management, Integrated Store
Operations, Supply Chain Planning, Supply Chain Execution, and Merchandise
Planning and Optimization - which leverage two enabling technologies - Demand
Planning and Business Intelligence and Integration. Leading global retailers
including Tesco, Best Buy, Gap Inc., Sainsbury's and Selfridges use Retek
solutions. Visit Retek on the Web at www.retek.com.
###
Retek is a trademark of Retek Inc. Other names may be trademarks of their
respective owners.
Forward-looking statements contained in this press release are made under the
Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995.
Any such statements are subject to risks and uncertainties that could cause
actual results to differ materially from those anticipated. Such factors are
described from time to time in the company's Annual Report on Form 10-K and
other reports filed with the Securities and Exchange Commission.

text: Retek

text: Retek

text: Syncra Systems

text: Retek

text: Retek

text: Retek

text: Syncra Systems

text: Syncra

text: Syncra

text: Retek

text: Retek

text: Retek

text: Retek

text: Retek

text: Marty Leestma

text: Retek

text: Retek

text: Retek

text: Syncra Systems

text: Syncra

text: Sally Herbert

text: Retek

text: Retek

text: Retek

text: Syncra

text: Retek

text: Syncra

text: Retek

text: Retek

text: Retek

text: Syncra

text: Retek

text: Retek

text: Retek

text: Retek

text: Retek

text: Retek

text: Retek

text: Retek

text: Retek


text:
EX-99.1
2
v120032_ex99-1.htm
Exhibit
99.1
Harbin
Electric Completes Acquisition of Hengda Electric Motor, a Leading Industrial
Rotary Motor Business
Tuesday
July 15, 8:00 am ET
HARBIN,
China, July 15 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc., ("Harbin
Electric" or the "Company"; Nasdaq: HRBN), a market leader in customized linear
motors, motor/controller automation systems, automobile specialty micro-motors,
and other special motors, today announced that Harbin Tech Full Electric Co.
Ltd., a wholly owned subsidiary of the Company ('Harbin Tech Full') completed
the acquisition of Weihai Hengda Electric Motor Co. Ltd and Wendeng Second
Electric Motor Factory (together "Hengda Electric Motor"). As of the closing,
Harbin Tech Full has completed the required PRC legal procedures regarding
the
share and assets transfer and business registration of Hengda Electric Motor
with respect to the acquisition, as contemplated by the definitive agreement
signed on July 10, 2008.
"We
are
extremely pleased to have completed the acquisition of Hengda Electric Motor,"
Harbin Electric's Chairman and Chief Executive Officer Tianfu Yang commented.
"We believe that this acquisition marks a strategic milestone for the Company.
Together, by combining our knowledge, talents, and expertise, we plan to
continue to build on our successes to create better electric motor solutions
for
our customers and create value for our shareholders".
About
Harbin Electric, Inc.:
Harbin
Electric, headquartered in Harbin, China, is a market leader in linear motors,
motor/controller automation systems, automobile specialty micro-motors, and
other specialty motors. It is the first and currently, to our knowledge, the
only Chinese company to provide product development and integrated production
tailored to customer applications in this industry. The Company takes pride
in
its environmental and social policies, providing customers with energy efficient
products and employees with a family-friendly working environment, based on
competitive compensation and humane work schedules.
Harbin
Electric emphasizes technology, innovation and creativity in its award-winning
research and development (R&D) efforts. It recruits professional engineering
and operating talent worldwide and through collaboration with top scientific
institutions. Its ISO certified manufacturing facility is equipped with
state-of-the-art production lines and quality control systems to ensure product
quality.
China's
rapidly expanding economy together with its government policy supporting the
industry provides a sizeable market opportunity for Harbin Electric. To learn
more about Harbin Electric, visit http://www.harbinelectric.com
.
Safe
Harbor Statement
The
actual results of Harbin Electric, Inc. could differ materially from those
described in this press release. Detailed information regarding factors that
may
cause actual results to differ materially from the results expressed or implied
by statements in this press release may be found in the Company's periodic
filings with the U.S. Securities and Exchange Commission, including the factors
described in the section entitled "Risk Factors" in its annual report on Form
10-KSB for the year ended December 31, 2007. The Company does not undertake
any
obligation to update forward-looking statements contained in the press release.
This press release contains forward-looking information about the Company that
is intended to be covered by the safe harbor for forward-looking statements
provided by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are statements that are not historical facts. These
statements can be identified by the use of forward-looking terminology such
as
"believe", "expect", "may", "will", "should", "project", "plan", "seek,"
"intend", or "anticipate" or the negative thereof or comparable terminology,
and
include discussions of strategy, and statements about industry trends and the
Company's future performance, operations and products.
For
investor and media inquiries, please contact:
In
China
Harbin
Electric, Inc.
Tel:
+86-451-8611-6757
Email:
MainlandIR@Tech-full.com
In
the
U.S.
Christy
Shue
Harbin
Electric, Inc.
Executive
VP, Finance & Investor Relations
Tel:
+1-631-312-8612
Email:
cshue@HarbinElectric.com
Kathy
Li
Christensen
Investor Relations
Tel:
+1-212-618-1987
Email:
kli@christensenir.com
____________________
Source:
Harbin Electric Inc.

text:
Harbin
Electric

text: Hengda Electric Motor

text: Harbin Electric, Inc.

text:
Harbin
Electric

text: Hengda Electric Motor

text: Hengda Electric Motor

text: Hengda Electric Motor

text: Hengda Electric Motor

text: Harbin Electric

text: Harbin Electric, Inc.

text:
Harbin
Electric

text:
Harbin
Electric

text: Harbin Electric

text: Harbin Electric

text: Harbin Electric, Inc.

text:
Harbin
Electric, Inc.

text:
Harbin
Electric, Inc.


text:
EX-99
3
ex99.htm
PRESS RELEASE
Exhibit 99
New Jersey Mining Exercises Option, Consolidates Ownership of the Golden Chest Mine
COEUR D'ALENE, Idaho, December 4, 2015 (GLOBE NEWSWIRE) -- New Jersey Mining Company (OTCQB:NJMC) ("NJMC" or the "Company") announced today that it has exercised its Option to Purchase with Marathon Gold Corporation (TSX:MOZ) ("Marathon") and now owns a 100-percent interest in the Golden Chest Mine near Murray, Idaho.
The parties agreed to accelerate completion of the transaction, with NJMC rendering total payments of $180,000 to Marathon for its 52.12-percent interest in Golden Chest LLC, a $20,000 discount to the previously announced terms. Marathon retains a 2-percent net smelter return (NSR) royalty on production from the Golden Chest property, as well as from an adjacent Area of Interest.
NJMC President John Swallow stated, "With this transaction, we have completed the entire purchase well ahead of schedule and are now focused on next steps at the Golden Chest".
In September 2013, the Skookum Shoot portion of the Golden Chest Mine was leased to Juniper Resources LLC ("Juniper") which, through its affiliate companies, spent approximately US$7 to US$9-million to develop a state-of-the-art gold mine that began producing ore in late-2014. In September 2015, Juniper ceased mining operations and terminated its lease, forfeiting the remaining mineralized material and mine infrastructure. NJMC processed Golden Chest ore at its New Jersey Mill during the Juniper Lease, earning cash from milling fees and its share of a 2-percent NSR royalty on gold production.
NJMC has initiated a scoping study at the Golden Chest to assess the production readiness of near-mine mineralization, including areas that were included in the Juniper mine plan but were not mined, as well as other accessible, drill-tested areas. NJMC intends to use resulting information to develop a small-scale mining plan, with a production target of 2,000 to 3,000 tons of ore per month. All future ore production would be processed at the New Jersey Mill.
About New Jersey Mining Company
New Jersey Mining Company is headquartered in north Idaho where it built and is majority-owner and operator of a fully-permitted, recently upgraded, 360-tonne per day flotation mill and concentrate leach plant. The Company is also 100-percent owner of the Golden Chest Mine, an historic lode gold producer that was recently expanded, modernized, and operated by a world-class lessee. Ownership of a mine and mill provide NJMC shareholders solid value and excellent leverage to higher gold prices and exploration success. The Company's common stock trades on the OTC-QB Market under the symbol "NJMC".
For more information on New Jersey Mining Company, please contact:
Del Steiner, Chairman & CEO
Email: dsteiner@newjerseymining.com
New Jersey Mining Company
Ÿ
201 N. 3
rd
Street
Ÿ
Coeur d
'
Alene, Idaho 83814
Forward Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Such statements are based on good faith assumptions that New Jersey Mining Company believes are reasonable but which are subject to a wide range of uncertainties and business risks that could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements.
Such factors include, among others, the risk that anticipated production levels are not attained, the risk that the mine plan changes due to rising costs or other operational details, the risk that different portions of the mineral deposit respond differently to processing, the risk that Juniper's internal engineering studies are incorrect, the risks and hazards inherent in the mining business (including risks inherent in developing large-scale mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), changes in the market prices of gold and silver and a sustained lower price environment, as well as other uncertainties and risk factors. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. NJMC disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.
New Jersey Mining Company
Ÿ
201 N. 3
rd
Street
Ÿ
Coeur d
'
Alene, Idaho 83814

text: New Jersey Mining Company

text: NJMC

text: NJMC

text: Marathon Gold Corporation

text: NJMC

text: Golden Chest LLC

text: NJMC

text: NJMC

text: NJMC

text: NJMC

text: New Jersey Mining Company

text: New Jersey Mining Company

text: NJMC

text: NJMC

text: New Jersey Mining Company

text: New Jersey Mining Company

text: New Jersey Mining Company

text: NJMC

text: New Jersey Mining Company


text:
EX-99.1
12
d549602dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
NEWS
RELEASE
8500 Station Street, Suite 100, Mentor, Ohio 44060
For Immediate Release
Gas Natural Inc. Completes Acquisition of John D. Oil
and Gas Marketing Company
Acquisition expands natural gas marketing efforts into Northern Ohio
MENTOR, OH, June 3, 2013 - Gas Natural Inc. (NYSE MKT: EGAS) ("Gas Natural" or the "Company"), a holding company operating
local distributing companies serving approximately 73,000 customers in seven states, announced today that it completed the acquisition for John D. Oil and Gas Marketing Company, LLC, ("John D. Marketing") for $2.9 million, paid by the
issuance of 256,926 shares of Gas Natural's common stock at a price of $11.19 per share. The purchase agreement provides for contingent earn out payments of additional common stock based on the achievement of certain financial milestones by
John D. Marketing for a period of five years after the closing of the transaction.
Kevin J. Degenstein, President and COO, noted, "This
acquisition strengthens our gas marketing operations and presents an opportunity to capture additional transportation customers in the region".
John D. Marketing is engaged in the acquisition and sale of approximately 1.3 billion cubic feet of natural gas annually to approximately 120 customers located primarily in Northeast Ohio. Gas Natural
obtained shareholder approval of the transaction on March 1, 2013, and subsequently obtained the necessary regulatory and other approvals. Once integrated, Gas Natural plans to change the name of John D. Marketing to Gas Natural Resources.
About Gas Natural Inc.
Gas
Natural Inc., a holding company, distributes and sells natural gas to end-use residential, commercial, and industrial customers. It distributes approximately 33 billion cubic feet of natural gas to approximately 69,000 customers through regulated
utilities operating in Montana, Wyoming, Ohio, Pennsylvania, Maine, North Carolina and Kentucky. The Company's other operations include interstate pipeline, natural gas production, natural gas marketing and propane to 4,000 customers. The
Company's Montana public utility was originally incorporated in 1909. Its strategy for growth is to expand throughput in the Maine and North Carolina markets while looking for acquisitions that are either adjacent to its existing utilities or
in under saturated markets.
The Company's toll-free number is 800-570-5688. Gas Natural Inc. regularly posts information on its website
at
www.egas.net
.
Safe Harbor Regarding Forward-Looking Statements
The Company is including the following cautionary statement in this release to make applicable and to take advantage of the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, Gas Natural Inc. Forward-looking statements are all statements other than statements of historical fact, including, without limitation,
those that are identified by the use of the words "anticipates", "estimates", "expects", "intends", "plans", "predicts", "believes" and similar expressions. Such statements are
inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those expressed. Factors that may affect forward-looking statements and the Company's business generally include but are not
limited to the Company's ability to successfully integrate the operations of the companies it has recently acquired and consummate additional acquisitions, the Company's continued ability to make dividend payments, the Company's
ability to implement its business plan, fluctuating energy commodity prices, the possibility that regulators may not permit the Company to pass through all of its increased costs to its customers, changes in the utility regulatory environment,
wholesale and retail competition, the Company's ability to satisfy its debt obligations, including compliance with financial covenants, weather conditions, litigation risks, and various other
Gas Natural Inc. Completes Acquisition of John D. Oil and Gas Marketing Company
June 3, 2013
Page 2 of 2
matters, many of which are beyond the Company's control, the risk factors and cautionary statements made in the Company's
public filings with the Securities and Exchange Commission, and other factors that the Company is currently unable to identify or quantify, but may exist in the future. Gas Natural Inc. expressly undertakes no obligation to update or revise any
forward-looking statement contained herein to reflect any change in Gas Natural Inc.'s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
For more information contact:
Gas Natural Inc.
Investor Relations: Kei Advisors LLC
Thomas J. Smith, Chief Financial Officer
Deborah K. Pawlowski
Phone: (440) 974-3770
Phone: (716) 843-3908
Email:
tsmith@egas.net
Email:
dpawlowski@keiadvisors.com
###

text: Gas Natural Inc.

text: John D. Oil

text: Gas Marketing Company

text: Gas Natural Inc.

text: John D. Oil

text: Gas Marketing Company, LLC

text: Kevin J. Degenstein

text: Gas Natural Inc.

text:
Gas
Natural Inc.

text: Gas Natural Inc.

text: Gas Natural Inc.

text: Gas Natural Inc.

text: John D. Oil

text: Gas Marketing Company

text: Gas Natural Inc.

text: Gas Natural Inc.

text: Gas Natural Inc.

text: Thomas J. Smith


text:
EX-99.1
8
v015978_ex99-1.txt
Investor Contact: Press Contact:
Stacey Fisher Lorne Fisher
954-924-3427 954-258-1786
sfisher@fish-consulting.com lfisher@fish-consulting.com
FIND/SVP COMPLETES ACQUISITIONS OF
ATLANTIC RESEARCH AND SIGNIA PARTNERS
NEW YORK, April 4, 2005 - FIND/SVP, Inc. (OTCBB:FSVP), a leading provider of
business advisory, research and consulting services, announced today the closing
of two previously announced acquisitions. Atlantic Research & Consulting, Inc.,
a rapidly growing quantitative and qualitative custom market research firm, and
Signia Partners, Inc., a leading provider of in-depth business research and
fact-based decision support.
On a combined basis, Atlantic Research & Consulting and Signia Partners achieved
2004 revenues of $10.2 million, and excellent operating and EBITDA margins. They
are anticipated to add approximately $.03 per share to FIND/SVP's 2005 operating
results.
Combined terms of the two transactions include an initial total payment of $7
million in cash and $800,000 in common stock, plus a three-year contingent
earn-out payment. Bank of America issued a commitment to provide $9.0 million of
senior debt financing for the transactions. Jefferies & Co. assisted in the
securing of the bank financing.
These acquisitions will increase FIND/SVP's product and service offerings for
its clients with an expanded market research capability, as well as additional
vertical and functional breadth and depth in its Strategic Consulting and
Research practice. These acquisitions further demonstrate FIND/SVP's commitment
to providing a single-source, end-to-end solution for its clients' business
research needs.
Boston-based Atlantic Research will be immediately integrated into FIND/SVP's
custom market research division, a strong performer over the past eight
quarters. Established in 1985 by Peter Hooper, Ph.D., Atlantic focuses primarily
on the financial services, management consulting, healthcare and public sectors.
The Company achieved revenues in 2004 of $5.8 million. Hooper will serve as a
member of FIND/SVP's Operating Management Group and lead the Company's market
research division.
Signia Partners, headquartered just outside of Washington, D.C., focuses on the
financial services, healthcare and consumer sectors. The Company achieved
revenues of $4.4 million in 2004. FIND/SVP'S Strategic Consulting and Research
practice will be quickly integrated into Signia and be lead by current CEO
Douglas House, who will also serve as a member of FIND/SVP's Operating
Management Group.
-- more --
FIND/SVP's Chief Executive Officer David Walke commented, "We are pleased to
announce the expedient closings of these two acquisitions and look forward to
integrating and realizing immediate synergies. The strong enhancements to our
management team over the past two years are further complimented by the
additions of Peter and Doug. We feel these two acquisitions bring us one step
closer to becoming the nation's leading knowledge services company".
About FIND/SVP
FIND/SVP, Inc. (OTCBB: FSVP) is a knowledge services company that leverages the
expertise and resources of its professional research teams to help its member
clients protect and further their business interests. FIND/SVP helps executives
enhance their business performance, profit from opportunities and address
critical issues through targeted research and advisory work, providing its
nearly 2,000 member clients with a competitive business advantage. Founded in
1969, FIND/SVP is the second largest member of the global SVP Group, which
serves more than 75,000 executives in 11,000 companies worldwide. FIND/SVP is
located at 625 Avenue of the Americas, New York, N.Y. 10011. More information is
available by calling 212-645-4500 or visiting FIND/SVP's website at
http://www.findsvp.com.
# # #
Forward-Looking Statements
The discussion of forward-looking information requires management of the Company
to make certain estimates and assumptions regarding the Company's strategic
direction and the effect of such plans on the Company's financial results. The
Company's actual results and the implementation of its plans and operations may
differ materially from forward-looking statements made by the Company. The
Company encourages readers of forward-looking information concerning the Company
to refer to its prior filings with the Securities and Exchange Commission that
set forth-certain risks and uncertainties that may have an impact on future
results and direction of the Company. The Company does not report on its
progress during a quarter until after the quarter has been completed and
appropriately disclosed its results.

text: FIND/SVP

text: FIND/SVP, Inc.

text: Atlantic Research & Consulting, Inc.

text: Signia Partners, Inc.

text: FIND/SVP

text: Bank of America

text: Jefferies & Co.

text: FIND/SVP

text: FIND/SVP

text: FIND/SVP

text: FIND/SVP

text: FIND/SVP

text: FIND/SVP

text: FIND/SVP

text: FIND/SVP

text: FIND/SVP, Inc.

text: FIND/SVP

text: FIND/SVP

text: FIND/SVP

text: FIND/SVP


text:
EX-99.3
23
v404972_ex99-3.htm
PRESS RELEASE
Exhibit 99.3
ZAIS Group Completes
Business Combination with HF2 Financial Management; Company Renamed ZAIS Group Holdings, Inc.
RED BANK, N.J., March 17, 2015 /PRNewswire/
-- ZAIS Group Holdings, Inc. (NASDAQ: ZAIS) announced the closing of its business combination between ZAIS Group Parent, LLC
and HF2 Financial Management Inc. ("HF2"), now renamed ZAIS Group Holdings, Inc. (the "Company"). At
the closing, cash of $78.2 million was contributed by HF2, all of which will be deployed by the Company's investment management
company, ZAIS Group, LLC, ("ZAIS Group") to fund several new and existing strategic initiatives and for working capital
purposes.
Christian Zugel, who founded ZAIS
Group in 1997, was named Chairman of the Board and Chief Investment Officer, and Michael Szymanski was named President and Chief
Executive Officer of the Company. The senior management team of ZAIS Group will serve as the senior management of the Company.
Messrs. Zugel and Szymanski will also join a five-member Board of Directors, which includes Paul Guenther, formerly president of
PaineWebber Group, Inc.; Bruce Cameron, President and Chief Executive Officer of Berkshire Capital Securities, LLC; and James Zinn,
formerly a director at ZAIS Financial Corp. (NYSE: ZFC),
a real estate investment trust externally managed and advised by a subsidiary of ZAIS Group.
Mr. Zugel commented: "We are pleased to
announce this transaction is now complete. With the capital delivered to us, we will be able to accelerate several strategic
growth initiatives and continue to capitalize on the unique opportunities in today's structured credit markets for the benefit
of our clients and stockholders. As a public company, we will have greater transparency and our investors and shareholders will
be able to gain enhanced insight into our business and the value we can create within our core investment strategies".
About ZAIS Group Holdings, Inc.:
ZAIS Group Holdings, Inc. (NASDAQ:
ZAIS) controls ZAIS Group, LLC, an investment management company focusing on investments in specialized credit strategies with
approximately $4.1 billion of assets under management as of December 31, 2014. Based in Red Bank, New Jersey, with operations in
London and Shanghai, the Company employs over 120 professionals across investment management, client relations, information technology,
analytics, law, compliance, risk management and operations. To learn more, visit www.zaisgroupholdings.com.
Forward Looking Statements:
The Company makes forward-looking statements
in this press release and other filings it makes with the Securities and Exchange Commission ("SEC"), 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.
Such statements are intended to be covered by the safe harbor provided in these provisions. Forward-looking statements are subject
to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control.
These forwardlooking statements include information about possible or assumed future results of the Company's business, financial
condition, liquidity, results of operations, plans and objectives. When the Company uses the words "anticipate", "believe,"
"could", "estimate, " "expect, " "intend, " "may", "plan", "potential,"
"should" and "would" or the negative of these terms or other similar expressions, the Company intends to identify forwardlooking
statements.
The Company cautions that forward-looking statements
are subject to numerous assumptions, risks and uncertainties, which change over time. In addition to factors previously disclosed
in the Company's filings with the SEC, the following factors, among others, could cause results to differ materially from forward-looking
statements or historical performance: (1) the inability of the Company to realize the benefits of the business combination, which
may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, and retain
its management and key employees; (2) the outcome of any legal proceedings that may be instituted against the Company or others
following completion of the business combination; (3) the inability to meet Nasdaq's listing standards and to continue to be listed
on the NASDAQ Stock Market; (4) the risk that the business combination disrupts current plans and operations of the Company; (5)
costs related to the business combination; (6) changes in political, economic or industry conditions, the interest rate environment
or financial and capital markets, which could result in changes in demand for products or services or in the value of assets under
management; (7) the relative and absolute investment performance of advised or sponsored investment products; (8) the impact of
capital improvement projects; (9) the impact of future acquisitions or divestitures; (10) the impact, extent and timing of technological
changes and the adequacy of intellectual property protection; (11) the impact of legislative and regulatory actions and reforms
and regulatory, supervisory or enforcement actions of government agencies relating to the Company; (12) terrorist activities and
international hostilities, which may adversely affect the general economy, financial and capital markets, specific industries,
and the Company; (13) the ability to attract and retain highly talented professionals; and (14) the impact of changes to tax legislation
and, generally, the tax position of the Company.
Forward-looking statements speak only as of
the date they are made, and the Company assumes no duty to and does not undertake to update forward-looking statements. Actual
results could differ materially from those anticipated in forward-looking statements and future results could differ materially
from historical performance.
SOURCE ZAIS Group Holdings, Inc.

text: ZAIS Group

override: fund

text: HF2 Financial Management

text: ZAIS Group

text: ZAIS Group

text: ZAIS Group

text: HF2 Financial Management

text: ZAIS Group

text: ZAIS Group, LLC

text: ZAIS Group

text:
ZAIS
Group

text: ZAIS Group

text: Bruce Cameron

text: ZAIS Financial Corp.

text: ZAIS Group

text: ZAIS Group

text: ZAIS Group

text: ZAIS Group, LLC

text: ZAIS Group