text:
EX-99.1
2
bci-20210714ex9917c4f4d.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE:
Ares Management's Black Creek Industrial REIT IV Adds 8.3 Million Square Feet of Industrial Assets
DENVER - July 14, 2021
-
Ares Management Corporation (NYSE: ARES) ("Ares") today announced that its managed fund, Black Creek Industrial REIT IV ("BCIIV"), has closed on the acquisition of 48 industrial properties totaling 8.3 million square feet. The properties were purchased from affiliates of Prologis, Inc. (NYSE: PLD) for approximately $920 million.
"This transaction demonstrates our continued commitment to the industrial sector, which is one of the strongest in commercial real estate backed by growing investor interest", said Raj Dhanda, Partner and Global Chief Operating Officer of the Ares Real Estate Group. "The addition of these properties not only further diversifies our holdings, but they are located in markets that are essential in linking national and regional supply chains, which is critical as we continue to see e-commerce demand increase".
The transaction consisted of:
●
48 properties located across 13 U.S. markets
●
8.3 million square feet of Class A and B industrial holdings that are currently 96.4% occupied
On July 1, 2021, a subsidiary of Ares assumed the management of BCIIV as part of an agreement to acquire Black Creek Group's U.S. real estate investment advisory and distribution business.
"Our acquisition of Black Creek Group was highly attractive for many reasons, including its ability to source and execute large scale transactions in the highly attractive industrial sector", said David Roth, Partner and Head of U.S. Real Estate Private Equity in the Ares Real Estate Group. "Black Creek's industrial track-record has made them a trusted buyer, owner and operator in the sector, particularly in core / core-plus strategies, and we look forward to continuing to expand Ares' capability within one of the most attractive verticals of commercial real estate".
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021, and the acquisition of Black Creek Group, which closed July 1, 2021, Ares Management's global platform had approximately $239 billion of assets under management with approximately 2,000 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com. Follow Ares on Twitter @Ares_Management.
About Black Creek Group
The U.S. real estate investment advisory and distribution business of Black Creek Group, a leading real estate investment management firm, was acquired by a subsidiary of Ares Management Corporation on July 1, 2021. The firm has invested in institutional quality commercial real estate across the U.S., managing diverse offerings across the industrial, multifamily, office and retail sectors and providing a range of investment solutions for both institutional and wealth management channels. Over its more than 25-year history, Black Creek Group had bought or built over $23 billion of investments. As of March 31, 2021, the firm had a national footprint of 75.8 million square feet across 31 U.S. markets, including properties under control and development. For more information, please visit www.blackcreekgroup.com.
Contacts:
Ares Management Corporation
Media:
U.S. and International
Brunswick Group
Jonathan Doorley / Alex Yankus
212-333-3810
ares@brunswickgroup.com
or
Ares Management
Brittany Cash, 212-301-0347
bcash@aresmgmt.com
Investors:
Ares Management Corporation
Carl Drake, 888-818-5298
cdrake@aresmgmt.com
or
Greg Mason, 314-282-2533
gmason@aresmgmt.com
Black Creek Group
Briana Ochiltree, 720-728-3109
briana.ochiltree@blackcreekgroup.com

text: Black Creek Industrial REIT IV

text: Ares Management Corporation

text: Black Creek Industrial REIT IV

text: Prologis, Inc.

text: Raj Dhanda

text: Black Creek Group

text: Black Creek Group

text: David Roth

text: Ares Management Corporation

text: Ares Management Corporation

text: Landmark Partners

text: Black Creek Group

text: Black Creek Group

text: Black Creek Group

text: Ares Management Corporation

text: Black Creek Group

text: Ares Management Corporation

text: Ares Management Corporation

text: Black Creek Group


dataset: buster

text:
EX-99.1
9
exhibit8.htm
EX-99.1
EX-99.1
[Triple Net Properties, LLC logo]
Louis J. Rogers, President
Triple Net Properties, LLC
1551 N. Tustin Ave., Suite 300
Media Contact: Jill Swartz
714-667-8252 ext. 251
jswartz@1031nnn.com
Santa Ana, CA 92705
714-667-8252
www.1031nnn.com
TRIPLE NET PROPERTIES ACQUIRES FOUR RESOURCE SQUARE
IN CHARLOTTE, NORTH CAROLINA
Santa Ana, California, March 13, 2007
- Louis J. Rogers, President of Triple Net Properties, LLC,
announced today the acquisition of Four Resource Square on behalf of NNN 2003 Value Fund, LLC. The
acquisition closed on March 7, 2007.
Four Resource Square is a five-story, 152,000-square-foot Class A multi-tenant office building in
Charlotte, North Carolina. Located on more than nine acres in the 1,800-acre University Research
Park, Four Resource Square is located within one mile of Interstates 85 and 495, and in close
proximity to the Charlotte Douglas International Airport and the University of North Carolina at
Charlotte. Constructed in 1999, the property is currently 69% leased to a variety of tenants,
including McKesson Information Systems and Hartford Fire Insurance.
The property was purchased from G & I III Resource Square, LLC, represented by Ryan Clutter and
Will Yowell of CB Richard Ellis. Financing was provided by RAIT Financial Trust, arranged by Eric
Tupler of L.J. Melody & Company.
Triple Net Properties, LLC is the manager for NNN 2003 Value Fund, LLC. Triple Net Properties, LLC
is a wholly-owned subsidiary of NNN Realty Advisors, Inc., a nationwide commercial real estate
asset management and services firm. Triple Net Properties, LLC and affiliates manage a growing
portfolio of nearly 33 million square feet of real estate, including more than 6,600 apartment
units, with a combined market value of approximately $4.3 billion. Triple Net Properties, LLC and
affiliates are currently buying and selling properties throughout the United States, offering a
full range of commercial real estate investments, including tenant-in-common (TIC) programs for
investors structuring tax-deferred (like-kind) exchanges under Section 1031 of the Internal Revenue
Code, real estate investment trusts (REITs), value added property funds, and institutional
investments.
###

label: organization

text: Triple Net Properties, LLC

label: person

text: Louis J. Rogers

text: Triple Net Properties, LLC

text: TRIPLE NET PROPERTIES

text: FOUR RESOURCE SQUARE

text: Louis J. Rogers

text: Triple Net Properties, LLC

text: Four Resource Square

label: fund

text: NNN 2003 Value Fund, LLC

override: fund

text: Four Resource Square

text: Four Resource Square

text: G & I III Resource Square, LLC

text: RAIT Financial Trust

text: L.J. Melody & Company

text: Triple Net Properties, LLC

text: NNN 2003 Value Fund, LLC

text: Triple Net Properties, LLC

text: Triple Net Properties, LLC

text: Triple Net Properties, LLC

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
v073683_ex99-1.htm
Unassociated Document
Contact:
Paul
Dickard (Media)
(201) 573-3120
Joe
Fimbianti (Analysts)
(201)
573-3113
Ingersoll
Rand Completes Sale of its Road Development
Business
Unit for $1.3 Billion
Hamilton,
Bermuda, April 30, 2007
-Ingersoll-Rand
Company Limited (NYSE:IR) today announced that it has completed the sale of
its
Road Development business unit to AB Volvo, in all countries except India which
is expected to close shortly, for cash proceeds of approximately $1.3 billion.
The Road Development business unit manufactures and sells asphalt paving
equipment, compaction equipment, milling machines, and construction-related
material handling equipment.
"The
sale
of the Road Development business reflects our strategy to transition away from
capital-intense, heavy-machinery businesses and improves the company's efforts
to achieve aggressive financial objectives consistently over the long term,"
said Herbert L. Henkel, chairman, president and chief executive officer.
"Overall, the sale will generate net cash proceeds of approximately $1.05
billion for Ingersoll Rand.
"We
will
use the proceeds of this sale, in conjunction with our strong cash flow, to
supplement our organic growth with acquisitions that extend our product lines,
expand our geographic markets, and enhance our recurring revenue streams, as
well as to increase our share repurchase activity.
#
#
#
This
news
release includes "forward-looking statements" as defined in the Private
Securities Litigation Reform Act of 1995 with respect to our financial
condition, results of operations and business. These statements are based on
currently available information and are based on our current expectations and
projections about future events. These statements are subject to risks and
uncertainties that could cause actual results, performance or achievements
to
differ materially from anticipated results, performance or achievements.
-more-
-2-
These
risks and uncertainties include, but are not limited to: fluctuations in the
condition of, and the overall political landscape of, the economies in which
we
operate; our competitive environment; material changes in technology or
technology substitution; our ability to attract, train and retain
highly-qualified employees; unanticipated climatic changes; changes in
governmental regulation; the costs and effects of legal and administrative
proceedings; changes in tax laws, tax treaties or tax regulations or the
interpretation or enforcement thereof; currency fluctuations; our ability to
complete acquisitions on financially attractive terms and successfully integrate
them with our other businesses; and the impact of new accounting standards.
Undue reliance should not be placed on such forward-looking statements as they
speak only as of the date made. Additional information regarding these and
other
risks and uncertainties is contained in our periodic filings with the SEC,
including, but not limited to, its report on Form 10-K for the year ended
December 31, 2006.
Ingersoll
Rand is a leading diversified industrial company providing products, services
and integrated solutions to industries ranging from transportation and
manufacturing to food retailing, construction, and agriculture. With a
135-year-old heritage of technological innovation, we help companies worldwide
to be more productive, efficient and innovative. In every line of our business,
Ingersoll Rand enables companies and their customers to create progress. For
more information, visit www.ingersollrand.com.

text:
Ingersoll
Rand

text:
Road Development
Business
Unit

text:
Ingersoll-Rand
Company Limited

text: Road Development business unit

text: AB Volvo

text: Road Development business unit

text: Herbert L. Henkel

text: Ingersoll Rand

text:
Ingersoll
Rand

text: Ingersoll Rand


text:
EX-99.1
2
ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
FOR RELEASE:
NEW HARTFORD, NY, December 19, 2019
CONTACT:
Christopher R. Byrnes (315) 738-0600 ext. 6226
cbyrnes@partech.com,
www.partech.com
PAR TECHNOLOGY COMPLETES ACQUISITION OF RESTAURANT MAGIC
NEW HARTFORD, N.Y.-December 19, 2019- PAR Technology Corporation (NYSE: PAR) today announced that on December 18, 2019, ParTech, Inc., a wholly owned subsidiary, completed the acquisition of AccSys, LLC ("Restaurant
Magic"
),
a leading provider of back-office restaurant management software.
The acquisition price for Restaurant Magic, consisted of $13.0 million of cash, subject to purchase price adjustments, $27.0 million of PAR Technology restricted stock, a $2.0 million subordinated promissory note, and
the
opportunity to earn additional purchase price consideration subject to the achievement of post-closing revenue focused milestones. PAR Technology also assumed awards granted under Restaurant Magic's long term
incentive plan to employees and contractors for an aggregate of $2.0 million of restricted stock units covering shares of PAR's common stock that vest over 3 years of continued service.
About PAR Technology Corporation
PAR is a leading global provider of software, systems, and service solutions to the restaurant and retail industries. Today, with 40 years of experience and point of sale systems in nearly 100,000 restaurants and
more than 110 countries, PAR is redefining the point of sale through cloud software and bringing technological innovation to all corners of the enterprise. PAR's Government Business is a leader in providing computer-based system design, engineering
and technical services to the Department of Defense and various federal agencies. PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PAR. For more information, visit www.partech.com or connect with PAR on
Facebook at www.facebook.com/parpointofsale or Twitter at
www.twitter.com/Par_tech
.

text: PAR TECHNOLOGY

text: RESTAURANT MAGIC

text: PAR Technology Corporation

text: ParTech, Inc.

text: AccSys, LLC

text:
Restaurant
Magic

text: Restaurant Magic

text: PAR Technology

text: PAR Technology

text: Restaurant Magic

text: PAR Technology Corporation

text: PAR Technology Corporation


text:
EX-99.1
2
e17464_ex99-1.htm
News Release
For Release October 23, 2017
9:00 AM
Contact: (803) 951- 2265
Michael C. Crapps, President & CEO
First Community Corporation Completes Acquisition
of Cornerstone Bancorp
Lexington, SC - October 23, 2017 First Community
Corporation, the holding company for First Community Bank, announced today that it had completed the acquisition of Cornerstone
Bancorp, the holding company for Cornerstone National Bank. All former Cornerstone banking offices began operations today as locations
of First Community Bank. The combined company has more than $1.0 billion in assets, $914 million in deposits and customer cash
management accounts and $628 million in loans with 18 full service banking offices in the Midlands and Upstate regions of South
Carolina and the Central Savannah River Area region of South Carolina and Georgia.
First
Community President and CEO Michael C. "Mike" Crapps commented on the acquisition, "The employees at First Community
and Cornerstone have worked diligently these past months to ensure a smooth transition for customers and we look forward to serving
them." Crapps continued, "We believe the combination of our banking companies creates a unique community based bank
with the ability and financial strength to serve the banking needs of our communities and enhance shareholder value through operating
advantages gained with the merger of our two institutions".
The
deal was valued at approximately $27.0 million. Cornerstone shareholders will receive either cash or shares of the First Community's
common stock, or a combination thereof, in exchange for their Cornerstone common stock. Current Cornerstone Board members will
have the opportunity to serve as members of First Community's Upstate Advisory Board. Additionally, Rodger Anthony, Cornerstone
President and CEO will serve the combined company in a consulting role for a six month period to assist with the transition.
###
FORWARD-LOOKING STATEMENTS
This communication includes statements made in respect
of the proposed merger involving the Company and Cornerstone Bancorp ("Cornerstone"). Certain statements in this news
release contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of
1995, such as statements relating to future plans, goals, projections and expectations, and are thus prospective. Such forward-looking
statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from future
results expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors, include, among others,
the following: (1) the businesses of the Company and Cornerstone may not be integrated successfully or such integration may take
longer to accomplish than expected; (2) the expected cost savings and any revenue synergies from the merger may not be fully realized
within the expected timeframes or at all; (3) disruption from the merger may make it more difficult to maintain relationships with
clients, associates, or suppliers; (4) competitive pressures among depository and other financial institutions may increase significantly
and have an effect on pricing, spending, third-party relationships and revenues; (5) the strength of the United States economy
in general and the strength of the local economies in which we conduct operations may be different than expected resulting in,
among other things, a deterioration in the credit quality or a reduced demand for credit, including the resultant effect on the
company's loan portfolio and allowance for loan losses; (6) the rate of delinquencies and amounts of charge-offs, the level
of allowance for loan loss, the rates of loan growth, or adverse changes in asset quality in our loan portfolio, which may result
in increased credit risk-related losses and expenses; (7) changes in the U.S. legal and regulatory framework; (8) adverse conditions
in the stock market, the public debt markets and other capital markets (including changes in interest rate conditions) could have
a negative impact on the company; (9) technology and cybersercurity risks, including potential business disruptions, reputational
risks, and financial losses, associated with potential attacks on or failures by our computer systems and computer systems of our
vendors and other third parties; and (10) risks, uncertainties and other factors disclosed in our most recent Annual Report on
Form 10-K filed with the Securities and Exchange Commission (the "SEC"), or in any of our Quarterly Reports on Form
10-Q or Current Reports on Form 8-K filed with the SEC since the end of the fiscal year covered by our most recently filed Annual
Report on Form 10-K, which are available at the SEC's Internet site (http://www.sec.gov).
Although we believe that the assumptions underlying the
forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. We can give no assurance that the
results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should
not be construed as a representation by our Company or any person that the future events, plans, or expectations contemplated by
our Company will be achieved. We undertake no obligation to publicly update or revise any forward-looking statements, whether as
a result of new information, future events, or otherwise.
ADDITIONAL INFORMATION ABOUT THE MERGER AND WHERE TO
FIND IT
This material is not a solicitation of any vote or approval
of Cornerstone's shareholders and is not a substitute for the proxy statement/prospectus or any other documents which the
Company and Cornerstone may send to their respective shareholders in connection with the proposed merger. This communication shall
not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any jurisdiction
in which such offer, solicitation or sale would be unlawful under the securities laws of any such jurisdiction.
In connection with the proposed merger with Cornerstone,
the Company filed with the SEC a Registration Statement on Form S-4 that includes a proxy statement/prospectus for the shareholders
of Cornerstone. BEFORE MAKING ANY INVESTMENT DECISION, CORNERSTONE INVESTORS ARE URGED TO READ THE PROXY STATEMENT/ PROSPECTUS
REGARDING THE MERGER AND ANY OTHER RELEVANT DOCUMENTS CAREFULLY IN THEIR ENTIRETY. The proxy statement/prospectus, as well as other
filings containing information about the Company, are or will be available, without charge, at the SEC's website (http://www.sec.gov).
Copies of the proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the proxy statement/
prospectus can also be obtained, without charge, by directing a request to First Community Corporation, 5455 Sunset Blvd., Lexington,
SC 29072, Attention: Michael Crapps.

text: Michael C. Crapps

text: First Community Corporation

text: Cornerstone Bancorp

text:
First Community
Corporation

text:
Cornerstone
Bancorp

text: Cornerstone Bancorp

text: First Community Corporation


text:
EX-99.1
2
v195783_ex99-1.htm
Simpson Manufacturing Co., Inc. Announces the Completion of the Sale of the Assets of Its Subsidiary, Simpson Dura-Vent Company, Inc.
PLEASANTON, Calif., Sept. 1 /PRNewswire-FirstCall/ -- Simpson Manufacturing Co., Inc. (the "Company") announced today that on August 31, 2010, it completed the sale of substantially all of the assets of its subsidiary, Simpson Dura-Vent Company, Inc., to M&G Dura-Vent, Inc., a newly formed, wholly owned, indirect subsidiary of M&G Holding B.V. ("M&G"). The purchase price, as adjusted and subject to post-closing adjustments, was $27.7 million. Simpson Dura-Vent designed and manufactured venting systems for gas and wood burning appliances. M&G, a Netherlands-based company, manufactures and distributes venting products for European markets.
M&G, headquartered in Assen in the Netherlands, is a European market leader in venting systems. It has production facilities in the Netherlands, Italy and Turkey and sales offices and warehouses in Belgium, France, Germany and the UK. M&G manufactures venting systems for heating and hot water appliances, both conventional and high efficiency. It manufactures a range of systems in aluminum, stainless steel and polypropylene.
Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood-to-wood, wood-to-concrete and wood-to-masonry connectors and fastening systems, stainless steel fasteners and pre-fabricated shearwalls. Simpson Strong-Tie also offers a full line of adhesives, mechanical anchors and powder actuated tools for concrete, masonry and steel. The Company's common stock trades on the New York Stock Exchange under the symbol "SSD." For further information, contact Barclay Simpson at (925) 560-9032.
CONTACT: Barclay Simpson of Simpson Manufacturing Co., Inc., +1-925-560-9032

text: Simpson Manufacturing Co., Inc.

text: Simpson Dura-Vent Company, Inc.

text: Simpson Manufacturing Co., Inc.

text: Simpson Dura-Vent Company, Inc.

text: M&G Dura-Vent, Inc.

text: Simpson Manufacturing Co., Inc.

text: Simpson Manufacturing Co., Inc.


text:
EX-99.1
4
ex99-1.htm
EXHIBIT 99.1
ex99-1.htm
Exhibit 99.1
News Release
December 26, 2012
MISSION WEST PROPERTIES ANNOUNCES COMPLETION OF THE SALE OF ITS PROPERTIES
CUPERTINO, CALIFORNIA --Mission West Properties, Inc. (NASDAQ: MSW) today announced that it has completed the transactions to dispose of all of its real estate assets for an enterprise value of approximately $1.3 billion. Mission West sold certain of its real estate assets to a joint venture entity sponsored by affiliates of Divco West and TPG Real Estate in exchange for approximately $400 million in cash and $398 million in assumed debts and other obligations. In addition, Mission West completed a separate transaction with certain operating partnerships (each, an "O.P.") to retain their remaining assets and liabilities with an approximate net value of $525 million and the non-converting limited partners will retain an ownership interest in those operating partnerships.
The Board of Directors has declared December 28, 2012, as the record date for all common stockholders to be eligible to exchange a share of the Company's common stock for a unit in Mission West Liquidating Trust (the "Liquidating Trust") on a 1:1 basis. All cash, other assets and remaining liabilities of the Company will be transferred to the Liquidating Trust on December 28, 2012. The Board of Directors anticipates the initial distribution from the Liquidating Trust will be completed on or before January 15, 2013. Subsequent distributions from the Liquidating Trust will take place based upon the cash available after satisfying outstanding debts, applicable taxes and related transaction costs. At this time, the Company continues to estimate the total distributions to shareholders will range from $9.20 to $9.28 per unit in the Liquidating Trust with an initial distribution of $9.18 per unit. All of the distributions from the Liquidating Trust will be deemed a 2012 event for income tax purposes and each stockholder of record on December 28, 2012, will receive a form from the Liquidating Trust reporting the amount of the distribution per unit in 2013. The Company's Chairman and CEO, Carl E. Berg, will become the sole trustee of the Liquidating Trust.
Company Profile
Mission West Properties, Inc. formerly operated as a self-managed, self-administered and fully integrated REIT engaged in the management, leasing, marketing, development and acquisition of commercial R&D properties, primarily located in the Silicon Valley portion of the San Francisco Bay Area. For additional information, please contact the Company's Chairman and CEO, Carl E. Berg, at 408-725-0700.
Forward-Looking Statements
This news release contains forward-looking statements that are subject to risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of these statements could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including management's plans relating to the transactions; the expected timing of the completion of the liquidation; the estimated per unit distribution from the liquidation; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits of the transaction or liquidation may not materialize as expected; Mission West and the Liquidating Trust have no obligation to update, or continue to provide information with respect to, any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.

text: WEST PROPERTIES

text: Mission West Properties, Inc.

text: Mission West

text: Divco West

text: TPG Real Estate

text: Mission West

text: Mission West

text: Mission West Properties, Inc.

text: Mission West


text:
EX-99.1
6
cafd-ex991_9.htm
EX-99.1
cafd-ex991_9.htm
Exhibit 99.1
FOR IMMEDIATE RELEASE
Media Contacts:
Natalie Wymer
nwymer@8point3energypartners.com
408-457-2348
8point3 Energy Partners Enters Into Agreements to Acquire Interests in
90 Megawatts of Solar Projects
50 MW Hooper Project and 40 MW Kingbird Project Expand 8point3's Utility Portfolio Upon Closing;
ROFO Portfolio Adjusted to Support the Partnership's Targeted Long-Term Growth
SAN JOSE, Calif., April 1, 2016 -
8point3 Energy Partners LP (Nasdaq: CAFD), the joint venture formed by SunPower (Nasdaq: SPWR) and First Solar (Nasdaq: FSLR), announced today that it has entered into agreements to acquire an interest in the 50 megawatt (MW) Hooper Project from SunPower and the 40 MW Kingbird Project from First Solar. These drop-down acquisitions are expected to generate approximately $9 million in combined annual pre-tax cash flow and have a 20 year average contract life.
"We're pleased to announce our second and third drop-down transactions today,
" said Chuck Boynton, CEO of 8point3 Energy Partners. "These acquisitions continue our long-term strategy of adding high quality solar projects with investment grade off-takers to our portfolio".
Hooper and Kingbird Project Details
The 50 MW Hooper Project is located in Colorado's San Luis Valley and commenced operations in December 2015. Xcel Energy is purchasing the power generated by the Hooper Project under a 20 year power purchase agreement. All conditions have been satisfied and the transaction is expected to close today.
The 40 MW Kingbird Project has been acquired and is located in Kern County, California. Construction of the plant is expected to be completed next month. Following commercial operation, power generated by the Kingbird Project will be sold to member cities of the Southern California Public Power Authority and the City of Pasadena under separate 20 year power purchase agreements.
"These transactions, along with our purchase of the Kern County School District project in January, should enable us to achieve our targeted annual distribution growth rate of 12-15 percent through the end of 2017 without additional project acquisitions", Boynton added.
ROFO Portfolio Adjustment
With the increased opportunity to potentially acquire solar power plant projects beyond 2016 due to the recent extension of the federal Investment Tax Credit and with the desire to finance acquisitions on favorable terms while simultaneously maintaining a conservative capital structure, the partnership has agreed to make certain adjustments to the ROFO portfolio.
These adjustments include (i) waiving the partnership's right of first offer on a portion of First Solar's interest in the 300 MW Stateline Project and (ii) adding First Solar's 179 MW Switch Station Project in Nevada to the ROFO portfolio, which has an expected commercial operation date in 2017. 8point3 Energy Partners now expects to be offered First
Solar's remaining ownership stake in the Stateline Project, approximately 35 percent in the aggregate, at the end of 2016 or the first half of 2017. The partnership believes that these adjustments better align the ROFO portfolio with its targeted long-term growth plan while maintaining its stated targeted annual distribution growth.
About 8point3 Energy Partners
8point3 Energy Partners LP (NASDAQ: CAFD) is a growth-oriented limited partnership formed by First Solar, Inc. and SunPower Corporation to own, operate and acquire solar energy generation projects. 8point3 Energy Partners' primary objective is to generate predictable cash distributions that grow at a sustainable rate. The partnership owns interests in projects in the United States that generate long-term contracted cash flows and serve utility, commercial and residential customers. For more information about 8point3 Energy Partners, please visit: www.8point3energypartners.com.
For 8point3 Energy Partners Investors
This press release includes various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. You can identify our forward-looking statements by words such as "anticipate", "believe", "estimate", "expect", "forecast", "goals", "objectives", "outlook", "intend", "plan", "predict", "project", "risks", "schedule", "seek", "target", "could", "may", "will", "should" or "would" or other similar expressions that convey the uncertainty of future events or outcomes. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, these statements are accompanied by cautionary language identifying important factors, though not necessarily all such factors, which could cause future outcomes to differ materially from those set forth in forward-looking statements. In particular, expressed or implied statements concerning the expectations of plans, strategies, objectives and growth and anticipated financial and operational performance of the partnership and its subsidiaries, including guidance regarding the partnership's revenue, adjusted EBITDA, cash available for distribution and distributions, other future actions, conditions or events such as the projected commercial operation dates of projects, future operating results or the ability to generate sales, income or cash flow or to make distributions are forward-looking statements. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future actions, conditions or events and future results of operations may differ materially from those expressed in these forward-looking statements. Forward-looking statements speak only as of the date of this press release, April 1, 2016, and we disclaim any obligation to update such statements for any reason, except as required by law. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this paragraph. Many of the factors that will determine these results are beyond our ability to control or predict. These factors include the risk factors described under "Risk Factors" in the partnership's Transition Report on Form 10-K for the transition period from December 28, 2014 to November 30, 2015, filed with the Securities Exchange Commission on January 28, 2016. If any of those risks occur, it could cause our actual results to differ materially from those contained in any forward-looking statement. Because of these risks and uncertainties, you should not place undue reliance on any forward-looking statement.
###

text: 8point3 Energy Partners

override: organization

text: 8point3 Energy Partners

text: SunPower

text: First Solar

text: SunPower

text: First Solar

text: Chuck Boynton

text: 8point3 Energy Partners

text: First Solar

text: First Solar

text: 8point3 Energy Partners

text:
First
Solar

text: 8point3 Energy Partners

text: 8point3 Energy Partners

text: First Solar

text: SunPower

text: 8point3 Energy Partners

text: 8point3 Energy Partners

text: 8point3 Energy Partners


text:
EX-99.1
3
flcx_ex991.htm
PRESS RELEASE
flcx_ex991.htm
EXHIBIT 99.1
flooidCX ACQUIRES RESOLUTION1, INC.
flooidCX, Corp.
(FLCX)
May 21, 2019, Toronto, Ontario - announced today that it has entered into a share exchange agreement (the "Share Exchange Agreement") to acquire all of the issued and outstanding shares of a privately-held related company, Resolution1, Inc.. (R1), in exchange for the issuance of one (1) share of FLCX for every three (3) shares of R1. In accordance with the terms and provisions of the Share Exchange Agreement, FLCX will issue an aggregate of 10,000,000 shares of its restricted common stock to the shareholders of R1 in exchange for 30,000,000 of all of the issued and outstanding shares of R1 (constituting 100%), thus making R1 its wholly-owned subsidiary.
Upon the completion of this transaction, Resolution1 will now officially become part of flooidCX Corp.'s suite of customer care solutions, offering both SME's and Enterprise based businesses an "end-to-end" cloud-based solution to manage all incoming customer care, feedback or inquires.
"Resolution1 will be the cornerstone of flooidCX's customer care solutions; where GripeVine (http://flooidcx.com/gripevine/) is a consumer based platform that assists businesses in capturing customer care/feedback sentiment, pay-wall" free, Resolution1 (http://flooidcx.com/resolution1/) will assist businesses in managing all incoming customer care/feedback not only from the GripeVine platform but also as a stand-alone "omni-channeled" solution capturing all incoming inquires directly from a business's website." added flooidCX, CEO & Founder, Richard Hue. "This is just the beginning of an exciting journey for flooidCX as we stake our claim in the customer care space with unique solutions that will differentiate us".
About flooidCX
Corp.
: flooidCX (
http://flooidcx.com/
) is the customer care solutions company. We are the global experts who help bridge the customer care & feedback gap between companies and consumers by unifying communications and collaborations. We utilize our proprietary intuitive suite of solutions that assist businesses to listen, learn and reach out to consumers at the right time. We improve customer retention and increase new sales via upsells and cross-selling.
About Resolution1, Inc.
: Resolution1 (http://flooidcx.com/resolution1/) is your very own "cloud-based" call center where your customers never have to call a landline again. You can manage the logistics of Customer Care, Feedback or Inquiries throughout your entire organization. Resolution1 enhances the customer experience and protects your businesses reputation by giving you the ability to respond quickly while keeping track of every customer inquiry.
Forward Looking Statements
: This press release contains forward-looking statements within the meaning of the federal securities laws, including statements concerning financial projections, financing activities, corporate combinations, product development activities and sales and licensing activities.
Such forward-looking statements are not guarantees of future results or performance, are sometimes identified by words of condition such as "should", "could", "expects", "may", "intends", "seeks", "looks", "moves", or "plans" and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results to differ materially from those intended or anticipated. Such risks include, without limitation: potential delays in marketing and sales; problems securing the necessary financing to continue operations; potential of competitive products, services, and technologies; and difficulties experienced in product development, in recruiting knowledgeable personnel, and in protecting intellectual property. Further information concerning these, and other risks is included in the Company's filings with the Securities and Exchange Commission which, along with other very important information about the Company, can be found here:
http://www.otcmarkets.com/stock/FLCX/filings.
The Company undertakes no obligation to update or revise such forward-looking statements to reflect new information, events or circumstances occurring after the date of this press release. Respective statements concerning the development of flooidCX and other platforms or services under development have been made based on information which the Company believes to be accurate but have not been independently verified.
For further info contact: ir@flooidCX.com
Sign up for news updates: http://flooidcx.com/investor-relations/
For a Resolution1 DEMO request: R1Demo@flooidCX.com
Activate your FREE Gripevine account:
http://gripevine.com/signup

text: flooidCX

text: RESOLUTION1, INC.

text: flooidCX, Corp.

text: FLCX

text: Resolution1, Inc.

text: FLCX

text: FLCX

text: flooidCX Corp.

text: flooidCX

text: flooidCX

text: flooidCX

text:
flooidCX
Corp.

text: flooidCX

text: Resolution1, Inc.

text: flooidCX


text:
EX-99.1
2
pressreleaseregloballibert.htm
EXHIBIT 99.1
Press Release RE: Global Liberty Acquisition
Exhibit 99.1
Atlas Financial Holdings Announces Closing of Acquisition
of Global Liberty Insurance Company of New York and Related Companies
Chicago, Illinois - March 11, 2015 - Atlas Financial Holdings, Inc. (NASDAQ: AFH) ("Atlas" or the "Company") announced today that it has closed the acquisition of Global Liberty Insurance Company of New York along with its affiliated underwriting and premium finance companies ("Global Liberty") for a purchase price of approximately $24.7 million in cash and preferred shares of Atlas, which is subject to post-closing adjustments as set out in the definitive agreement with Global Liberty announced on October 17, 2014 and filed as an exhibit to the Company's current report on Form 8-K filed with the SEC on October 20, 2014.
Scott D. Wollney, President & CEO of Atlas commented "We are excited about the experience and incremental strong brand that Global Liberty, its team and agents bring to the Atlas platform. The addition of Global Liberty to the Atlas group of companies provides key infrastructure which we believe will allow us to pursue proportionate market share on the East Coast, accelerating our ability to grow premium during the current favorable market cycle".
About Atlas
The primary business of Atlas is commercial automobile insurance in the United States, with a niche market orientation and focus on insurance for the "light" commercial automobile sector including taxi cabs, non-emergency paratransit, limousine/livery and business auto. The business of Atlas is carried on through its insurance subsidiaries American Country Insurance Company, American Service Insurance Company, Inc. and Gateway Insurance Company. Atlas' insurance subsidiaries have decades of experience with a commitment to always being an industry leader in these specialized areas of insurance.
For more information about Atlas, please visit www.atlas-fin.com.
Forward-Looking Statements:
This release includes forward-looking statements regarding Atlas and its insurance subsidiaries and businesses.
Such statements are based on the current expectations of the management of each entity. The words "anticipate", "expect", "believe", "may", "should", "estimate", "project", "outlook", "forecast" or similar words are used to identify such forward looking information. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting Atlas and its subsidiaries, including risks regarding the insurance industry, economic factors and the equity markets generally and the risk factors discussed in the "Risk Factors" section of the Company's 2013 Form 10-K. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Atlas and its subsidiaries undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Contact Information:
At the Company Investor Relations
Atlas Financial Holdings, Inc. The Equity Group Inc.
Scott Wollney, CEO Adam Prior, Senior Vice President
Phone: 847-700-8600 212-836-9606
swollney@atlas-fin.com aprior@equityny.com
www.atlas-fin.com www.theequitygroup.com
Terry Downs, Associate
212-836-9615
tdowns@equityny.com
###

text: Atlas Financial Holdings

text: Atlas Financial Holdings, Inc.

text: Scott D. Wollney

text: Atlas Financial Holdings, Inc.

text: Scott Wollney


text:
EX-99.04
3
y17255exv99w04.htm
EX-99.04: PRESS RELEASE
EX-99.04
Exhibit 99.04
[NRG LETTERHEAD]
FOR IMMEDIATE RELEASE
NRG Energy, Inc. Completes Texas Genco Acquisition
Creating the Premier U.S. Wholesale Power Generation Company
Princeton, NJ; February 2, 2006;
NRG Energy, Inc. (NYSE: NRG) today closed its acquisition
of Texas Genco LLC providing NRG with both a significant presence in all the key competitive
wholesale power markets in the United States and an enhanced overall portfolio of high quality,
fuel diverse power generation assets. The Company expects the combination with Texas Genco to
generate substantial future earnings and cash flow growth, further strengthening NRG's financial
profile.
"In addition to being value enhancing to all stakeholders, we believe this transaction positions
NRG to be the premier wholesale energy provider in each of the regions we operate", said David
Crane, NRG's President and Chief Executive Officer. "Furthermore, the fact we were able to complete
this transaction in only four months is a testament to the professionalism of both companies'
people and is an excellent indicator of what we are confident will be a quick and effective
integration".
The final purchase price consisted of $4.4 billion in cash, $2.7 billion in assumed Texas Genco
debt and 35.4 million shares of NRG common stock. NRG partially funded the acquisition with the net
proceeds from its public offerings of common stock ($1.0 billion), which closed on January 31,
2006, and mandatory convertible preferred stock ($500 million) and unsecured senior notes ($3.6
billion), each of which closed today. In addition, NRG entered into a senior secured credit
facility consisting of a $3.58 billion term loan facility, a $1.0 billion revolving credit facility
and a $1.0 billion synthetic letter of credit facility.
In conjunction with the acquisition closing, NRG has made two management appointments. Steve Winn,
previously the head of mergers and acquisitions for NRG, has been promoted to NRG's Executive Vice
President and Regional President, Texas and will run NRG's newest and largest region. Additionally,
Thad Hill, previously Executive Vice President of Strategy & Business Development at Texas Genco,
has been named Executive Vice President, Corporate Business Development and Strategic Planning for
NRG.
With the addition of Texas Genco, NRG currently owns and operates a diverse portfolio of
power-generating facilities capable of generating more than 25,000 megawatts of power. The
facilities are located primarily in Texas and in the Northeast, South Central and Western regions
of the United States. NRG's operations include baseload,
intermediate, peaking and cogeneration facilities, thermal energy production and energy resource
recovery facilities. NRG also has ownership interests in generating facilities in Australia,
Germany and Brazil.
This news 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. Such forward-looking
statements are subject to certain risks, uncertainties and assumptions and typically can be
identified by the use of words such as "will", "expect", "estimate", "anticipate", "forecast,"
"plan", "believe" and similar terms. Although NRG believes that its expectations are reasonable, it
can give no assurance that these expectations will prove to have been correct, and actual results
may vary materially. Factors that could cause actual results to differ materially from those
contemplated above include, among others, general economic conditions, hazards customary in the
power industry, weather conditions, the condition of capital markets generally, adverse results in
current and future litigation and failure to realize expected benefits of the acquisition. NRG
undertakes no obligation to update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
# # #
Investor Relations:
Media Relations:
Nahla Azmy, 609.524.4526
Meredith Moore, 609.524.4522
Katy Sullivan, 609.524.4527

text: NRG

text: NRG Energy, Inc.

text: Texas Genco

text: NRG Energy, Inc.

text: NRG

text: Texas Genco

text: NRG

text: Texas Genco

text: NRG

text: NRG

text: NRG

text: Texas Genco

text: NRG

text: NRG

text: NRG

text: NRG

text: NRG

text: NRG

text: NRG

text: Texas Genco

text: NRG

text: Texas Genco

text: NRG

text: NRG

text: NRG

text: NRG

text: NRG


text:
EX-99.1
3
dk-8kexhibitxex991alonclos.htm
EXHIBIT 99.1 - ALON PRESS RELEASE
DK-8K Exhibit - EX 99.1 Alon Closing Press Release - 5.14.15
Delek US Completes the Acquisition of 48 Percent
Ownership Interest in Alon USA
BRENTWOOD, Tenn., May 14, 2015 (BUSINESS WIRE) - Delek US Holdings, Inc. (NYSE: DK) ("Delek US") announced that it has completed the acquisition of approximately 33.7 million shares, or approximately 48 percent of the outstanding shares, of Alon USA Energy, Inc. (NYSE: ALJ) ("Alon USA") common stock from Alon Israel Oil Company, Ltd. ("Alon Israel").
Uzi Yemin, Chairman, President and Chief Executive Officer of Delek US stated, "We are pleased to have completed this transaction quickly and would like to thank the management teams of both Alon Israel and Alon USA for their support during this process. In addition, through the backing of our lenders, we were able to finance this transaction in a timely manner. This acquisition is an exciting strategic step for us as it broadens our asset diversity and we look forward to working with Alon USA's Board of Directors and management team in the future".
Five seats on the eleven-member Alon USA board of directors previously held by Alon Israel representatives have been filled by representatives from Delek US. This includes Delek US Chairman, President and Chief Executive Officer Uzi Yemin who has been named as the chairman of the Alon USA board.
Prior to commencing negotiations with Alon Israel, Delek US entered into a stockholder agreement with Alon USA. During the first year following the closing of this transaction, the stockholder agreement allows Delek US to acquire up to 49.99 percent of the outstanding shares of Alon USA at its discretion, with additional ownership above this threshold subject to the approval of the independent members of Alon USA's board of directors. The stockholder agreement will expire on May 14, 2016, and Delek US will then have no further restrictions under this agreement related to increasing ownership in Alon USA.
Transaction Financing
The consideration paid by Delek US to acquire the Alon USA common stock consists of the issuance of 6.0 million shares of restricted Delek US common stock to Alon Israel; an unsecured $145.0 million promissory note with an interest rate of 5.5% payable to Alon Israel, which matures in January 2021; and $200.0 million of cash. Within two years of the closing of this transaction, an additional 200,000 shares of Delek US common stock may be issued to Alon Israel under certain circumstances as outlined in the stock purchase agreement with Alon Israel.
The cash payment was funded through a combination of cash on hand and an increase in Lion Oil's term loan credit facility from $99.0 million to $275.0 million. The second amended and restated Lion Oil term loan facility, which closed on the same date as the acquisition of Alon USA common stock, has a five-year term and the interest rate is based, at Lion Oil's election, on a LIBOR or base rate plus applicable margins, subject in each case to an all-in interest rate floor of 5.5%. Under the second amended and restated term loan facility, Fifth Third Bank is the administrative agent, lead collateral agent, a joint lead arranger and sole book runner, Bank Hapoalim B.M. is designated account collateral agent and a joint lead arranger, and Israel Discount Bank of New York is a joint lead arranger.
The approximate value of the transaction consideration is $564.5 million based upon a closing price of $36.59 per share of Delek US common stock on May 13, 2015.
Bank of America Merrill Lynch and Barclays acted as financial advisors to Delek US in connection with this transaction.
About Delek US Holdings, Inc.
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics and convenience store retailing. The refining segment consists of refineries operated in Tyler, Texas and El Dorado, Arkansas with a combined nameplate production capacity of 155,000 barrels per day. Delek US Holdings, Inc. and its affiliates own approximately 62 percent (including the 2 percent general partner interest) of Delek Logistics Partners, LP. Delek Logistics Partners, LP (NYSE: DKL) is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets. The retail segment markets fuel and merchandise through a network of approximately 360 company-operated convenience store locations operated under the MAPCO Express®, MAPCO Mart®, East Coast®, Fast Food and Fuel™, Favorite Markets®, Delta Express® and Discount Food Mart™ brand names. Delek US Holdings, Inc. also owns approximately 48 percent of the outstanding common stock of Alon USA Energy, Inc. (NYSE: ALJ).
Safe Harbor Provisions Regarding Forward-Looking Statements
This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. Statements concerning current estimates, expectations and projections about future results, performance, prospects and opportunities and other statements, concerns, or matters that are not historical facts are "forward-looking statements", as that term is defined under the federal securities laws.
Investors are cautioned that the following important factors, among others, may affect these forward-looking statements. These factors include but are not limited to: management's ability to execute its strategy of growth through acquisitions and the transactional risks associated with acquisitions; changes in the scope, costs, and/or timing of capital and maintenance projects; risks and uncertainties with respect to the quantities and costs of crude oil we are able to obtain and the price of the refined petroleum products we ultimately sell; operating hazards inherent in transporting, storing and processing crude oil and intermediate and finished petroleum products; gains and losses from derivative instruments;; our competitive position and the effects of competition; the projected growth of the industries in which we operate; general economic and business conditions, particularly levels of spending relating to travel and tourism or conditions affecting the southeastern United States risks associated with our inability to control the operations of Alon USA as a result of our minority ownership position; and other risks contained in our filings with the United States Securities and Exchange Commission.
Forward-looking statements should not be read as a guarantee of future performance or results and will not be accurate indications of the times at, or by which such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Delek US undertakes no obligation to update or revise any such forward-looking statements.
U.S. Investor / Media Relations Contact:
Keith Johnson
Vice President of Investor Relations
615-435-1366
or
Chris Hodges
Founder & CEO
Alpha IR Group
312-445-2870

text: Delek US

text: Alon USA

text: Delek US

text: Delek US

text: Alon USA

text: Alon USA

text: Alon Israel Oil Company, Ltd.

text: Uzi Yemin

text: Delek US

text: Alon USA

text: Alon USA

text: Alon USA

text: Delek US

text: Delek US

text: Uzi Yemin

text: Alon USA

text: Delek US

text: Alon USA

text: Delek US

text: Alon USA

text: Alon USA

text: Delek US

text: Alon USA

text: Delek US

text: Alon USA

text: Delek US

text: Delek US

text: Alon USA

text: Delek US

text: Delek US

text: Delek US

text: Delek US

text: Delek US

text: Delek US

text: Alon USA

text: Alon USA

text: Delek US

text: Keith Johnson

text: Chris Hodges


text:
EX-99.2
4
ktos201508248kexhibit992.htm
EXHIBIT 99.2
Exhibit
Exhibit 99.2
Press Contact:
Yolanda White
858-812-7302 Direct
Investor Information:
877-934-4687
investor@kratosdefense.com
Kratos Announces Cash Tender Offer For Up To
$175 Million Aggregate Principal Amount of its
7.000% Senior Secured Notes due 2019
SAN DIEGO, CA, August 24, 2015 - Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today the commencement of a tender offer for up to $175 million aggregate principal amount of its 7.000% Senior Secured Notes due 2019 (CUSIP No. 50077BAL2) ("Notes") on the terms and conditions set forth in the Offer to Purchase, dated August 24, 2015, and related Letter of Transmittal, which set forth a more detailed description of the offer.
Under the terms of the offer, Kratos will purchase outstanding Notes for cash at par plus accrued and unpaid interest. The offer will be funded with a portion of the net proceeds resulting from the sale of the U.S. and U.K. operations of Kratos' Electronic Products Division. The tender offer is being made in connection with Kratos' obligation following a sale of assets under the Indenture pursuant to which the Notes were issued. If more than $175 million aggregate principal amount of Notes are validly tendered and not withdrawn, Kratos will purchase Notes on a pro-rata basis (with such adjustments as may be deemed appropriate so that only Notes in denominations of $2,000 or integral multiples of $1,000 in excess thereof are purchased in part or remain outstanding in part) (subject to DTC procedures).
The tender offer will expire at 11:59 p.m., New York City time, on September 21, 2015, unless extended or earlier terminated. Settlement is expected to occur on the first business day after the expiration date.
Kratos has retained SunTrust Robinson Humphrey, Inc. to act as dealer manager and D.F. King & Co. to act as tender agent and information agent for the tender offer. Questions about the tender offer may be directed to SunTrust Robinson Humphrey, Inc. at (404) 926-5047 or D.F. King & Co. at (800) 870-0653 (toll free). Copies of the Offer to Purchase, Letter of Transmittal and other related documents for the tender offer may be obtained by calling or e-mailing D.F. King & Co. at (212) 269-5550 or kratos@dfking.com.
The complete terms and conditions of the tender offer are set forth in the Offer to Purchase and Letter of Transmittal, which are being sent to holders of the Notes. Holders of the Notes are urged to read these documents carefully before making any decision with respect to the tender offer.
This announcement is neither an offer to purchase nor a solicitation of an offer to purchase with respect to the Notes. The offer will be made only by the Offer to Purchase and the related Letter of Transmittal.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized Technology Company providing mission critical products, solutions and services for United States National Security. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms
SMRH:444521115.7
1
and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat and Intelligence, Surveillance and Reconnaissance (C5ISR) systems, satellite communications, electronic warfare, unmanned systems, hypersonic systems, directed and high power energy systems, electromagnetic railgun, missile defense, cyber warfare, cybersecurity, information assurance, and critical infrastructure security. Kratos has primarily an engineering and technically oriented work force of approximately 3,100. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at www.KratosDefense.com.
Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the proposed timing and expiration date of the Company's tender offer to repurchase the Notes. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 28, 2014, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
SMRH:444521115.7
2

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos

text: Kratos


text:
EX-99.1
2
pressrelease.htm
PRESS RELEASE
Press Release
Exhibit
99.1
PRESS
RELEASE
For
Release:
Immediate
Contact:
Scott
Monette
314/877-7113
RALCORP
HOLDINGS, INC. COMPLETES
PURCHASE
OF COTTAGE BAKERY, INC.
St.
Louis, MO, November 10, 2006...
Ralcorp
Holdings, Inc. (NYSE:RAH) announced today that it has completed the purchase
of
Cottage Bakery, Inc., a leading manufacturer of frozen par-baked breads
and
frozen dough sold in the retail and foodservice channels. Cottage Bakery's
management team will continue operations at its manufacturing facility
in Lodi,
California, where it employs approximately 690 people. Ralcorp executed
a
definitive purchase agreement on October 18, 2006.
Kevin
J.
Hunt, Co-Chief Executive Officer and President of Ralcorp Holdings, Inc.,
said:
"We welcome the Cottage Bakery management team and employees to
the
Ralcorp family. Cottage will become a key part of Ralcorp's Frozen Bakery
Products segment and will enhance Ralcorp's existing frozen bakery product
offerings".
Ralcorp
produces a variety of store brand foods that are sold under the individual
labels of various grocery, mass merchandise and drug store retailers, and
frozen
bakery products that are sold to restaurants and other foodservice customers.
Ralcorp's diversified product mix includes: ready-to-eat and hot cereals; snack
mixes, corn-based chips and extruded corn snack products; crackers and
cookies;
snack nuts; chocolate candy; salad dressings; mayonnaise; peanut butter;
jams
and jellies; syrups; sauces; frozen griddle products including pancakes,
waffles, and French toast; frozen biscuits; and other frozen pre-baked
products
such as breads and muffins. In addition, Ralcorp holds an interest of
approximately 19 percent in Vail Resorts, Inc., the leading mountain resort
operator in the United States.
#
#
#

text:
RALCORP
HOLDINGS, INC.

text: COTTAGE BAKERY, INC.

text:
Ralcorp
Holdings, Inc.

text: Cottage Bakery, Inc.

text: Ralcorp Holdings, Inc.


text:
EX-99.1
2
tv530483_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
PRESS RELEASE
FOR IMMEDIATE RELEASE
THE CHEESECAKE FACTORY COMPLETES ACQUISITIONS
OF NORTH ITALIA AND FOX RESTAURANT CONCEPTS
Reinforces leadership position in experiential
dining
Calabasas Hills,
Calif.,
-
October 2, 2019
- The Cheesecake
Factory Incorporated (NASDAQ: CAKE) today announced that it has closed the acquisitions of North Italia and Fox Restaurant Concepts
("FRC"), including Flower Child.
The
transactions were completed for $308 million in consideration at closing, including $12 million earmarked for customary post-closing
adjustments. An additional $45 million will be due ratably over the next four years, and the FRC transaction also includes an earn-out
provision based on the financial performance of the FRC brands outside of North Italia and Flower Child. The Company previously
invested $88 million in the North Italia and Flower Child concepts over the last three years in anticipation of their purchase.
North
Italia turns a modern lens on Italian cooking in the upscale, casual-dining segment. All dishes are handmade from scratch daily.
The concept currently has 21 locations in ten states and Washington D.C. North Italia's operations will be located at The
Cheesecake Factory Incorporated's corporate headquarters in Calabasas Hills, California to help scale the concept nationally.
FRC
was founded by Sam Fox, a 10-time James Beard Award semifinalist for Restaurateur of the Year, New York Times best-selling cookbook
author and recently named one of the 50 most influential people in the restaurant industry by Nation's Restaurant News for
the fifth consecutive year. FRC currently operates 47 restaurants across 8 states and Washington D.C. Each restaurant is individually
designed to provide guests with a one-of-a-kind dining experience that will leave a lasting impression. FRC will operate as an
independent subsidiary and continue to be led by Fox from FRC's headquarters in Phoenix, Arizona.
About The Cheesecake Factory Incorporated
The Cheesecake Factory
Incorporated is a leader in experiential dining. We are culinary forward and relentlessly focused on hospitality. Delicious, memorable
experiences created by passionate people - this defines who we are and where we are going. We currently own and operate
288 restaurants throughout the United States and Canada under brands including The Cheesecake Factory
®
, North Italia
®
and a collection within the Fox Restaurant Concepts subsidiary. Internationally, 23 The Cheesecake Factory
®
restaurants operate under licensing agreements. Our bakery division operates two facilities that produce quality cheesecakes and
other baked products for our restaurants, international licensees and third-party bakery customers. In 2019, we were named to
the FORTUNE Magazine "100 Best Companies to Work For
®
" list for the sixth consecutive year. To learn
more, visit
www.thecheesecakefactory.com,
www.northitaliarestaurant.com
and
www.foxrc.com
.
The Cheesecake Factory Incorporated
26901
Malibu Hills Road, Calabasas Hills, CA 91301 ·
Telephone
(818) 871-3000 ·
Fax
(818) 871-3100
From FORTUNE. ©2019 Fortune Media IP Limited. FORTUNE 100
Best Companies to Work For is a trademark of Fortune Media IP Limited and is used under license. FORTUNE and Fortune Media IP Limited
are not affiliated with, and do not endorse products or services of, Licensee.
Safe Harbor Statement
This press release
contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as codified in
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These
statements include, without limitation, statements regarding operations of The Cheesecake Factory, North Italia and FRC. Such forward-looking
statements include all other statements that are not historical facts, as well as statements that are preceded by, followed by
or that include words or phrases such as "believe", "plan", "will likely result", "expect,"
"intend", "will continue", "is anticipated", "estimate", "project,"
"may", "could", "would", "should" and similar expressions. These statements are
based on current expectations and involve risks and uncertainties which may cause results to differ materially from those set forth
in such statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and that undue
reliance should not be placed on such statements. These forward-looking statements may be affected by factors outside of the Company's
control including: the ability to achieve projected financial results; economic and political conditions that impact consumer confidence
and spending; acceptance and success of The Cheesecake Factory in international markets; acceptance and success of the North Italia,
Flower Child and other concepts; the risks of doing business abroad through Company-owned restaurants and/or licensees; foreign
exchange rates, tariffs and cross border taxation; changes in unemployment rates; changes in laws impacting the Company's
business, including increases in minimum wages and benefit costs; the economic health of the Company's landlords and other
tenants in retail centers in which its restaurants are located; the economic health of suppliers, licensees, vendors and other
third parties providing goods or services to the Company; adverse weather conditions in regions in which the Company's restaurants
are located; factors that are under the control of government agencies, landlords and other third parties; the risk, costs and
uncertainties associated with opening new restaurants; and other risks and uncertainties detailed from time to time in the Company's
filings with the Securities and Exchange Commission ("SEC"). Forward-looking statements speak only as of the dates
on which they are made and the Company undertakes no obligation to publicly update or revise any forward-looking statements or
to make any other forward-looking statements, whether as a result of new information, future events or otherwise, unless required
to do so by law. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements
and the discussion of risk factors contained in the Company's latest Annual Report on Form 10-K, Quarterly Reports on Form
10-Q and Current Reports on Form 8-K as filed with the SEC, which are available at www.sec.gov.
Contacts:
Investors
The Cheesecake Factory Incorporated
Stacy Feit
(818) 871-3000
investorrelations@thecheesecakefactory.com
Media
Berk Communications
Marisa Carstens
(917) 328-4725
cheesecake@berkcommunications.com
The Cheesecake Factory Incorporated
26901
Malibu Hills Road, Calabasas Hills, CA 91301 ·
Telephone
(818) 871-3000 ·
Fax
(818) 871-3100

text: NORTH ITALIA

text: FOX RESTAURANT CONCEPTS

text: Factory Incorporated

text: North Italia

text: Fox Restaurant Concepts

text: North Italia

text: North Italia

text:
North
Italia

text: North Italia

text: Factory Incorporated

text: Factory Incorporated

text:
Factory
Incorporated

text: North Italia

text: Fox Restaurant Concepts

text: Factory Incorporated

text: North Italia

text: North Italia

text: Factory Incorporated

text: Factory Incorporated


text:
EX-99
2
ex99-1form8k_081805.txt
EXHIBIT 99.1
EXHIBIT 99.1
------------
--------------------------------------------------------------------------------
[CANEXUS GRAPHIC OMITTED] [NEXUS GRAPHIC OMITTED]
NEXEN INC. 801 - 7th Ave SW Calgary, AB Canada T2P 3P7
T 403 699-4000 F 403 699-5776 www.nexeninc.com
N E W S R E L E A S E
For immediate release in Canada only
CANEXUS INCOME FUND COMPLETES $300 MILLION IPO
AND NEXEN RETAINS 63.5% INTEREST IN CANEXUS INCOME FUND
--------------------------------------------------------------------------------
CALGARY, ALBERTA, AUGUST 18, 2005 - Nexen Inc. ("Nexen") and Canexus Income Fund
("Canexus") announced today the closing of the initial public offering of trust
units ("Units") of Canexus under which Canexus issued 30 million Units at a
price of $10 per Unit for gross proceeds of $300 million. The Units will
commence trading today on the Toronto Stock Exchange under the symbol CUS.UN.
The Underwriters have an option to purchase an additional 3 million Units at the
offering price within 30 days from today's closing to cover over-allotments, if
any, and for market stabilization purposes.
Canexus Income Fund intends to make monthly cash distributions on or about the
15th day of each month to Unitholders of record on the last day of the preceding
month. The first distribution is expected to be made on October 15, 2005 for the
period from August 18, 2005 to September 30, 2005, and is estimated to be
$0.1065 per Unit. Subsequent monthly distributions are expected to be made in
the amount of approximately $0.0729 per Unit.
Concurrent with the closing of the offering, Canexus acquired a 36.5% interest
in Canexus Limited Partnership ("Canexus LP"). Canexus LP acquired Nexen's
chemicals business for approximately $1 billion, comprised of the net proceeds
from Canexus' initial public offering and $200 million of bank debt, plus the
issuance of 52,285,714 exchangeable limited partnership units of Canexus LP
("Exchangeable LP Units") to Nexen, representing a 63.5% interest in Canexus LP.
The Exchangeable LP Units retained by Nexen are exchangeable on a one-for-one
basis for Units of the Fund. As a result, the Exchangeable LP Units owned by
Nexen, are exchangeable into an aggregate of 52,285,714 Units which would
represent 63.5% of the outstanding Units of the Fund assuming exchange of the
exchangeable LP Units. The Units issuable upon exchange of the Exchangeable LP
Units have been reserved for listing on the TSX.
Nexen may in the future take such actions in respect of its holdings as it may
deem appropriate in light of the circumstances then existing, including the sale
of all or a portion of its holdings in the open market or in privately
negotiated transactions to one or more purchasers. At this time, Nexen has not
made a decision on the extent or timing of the disposition of its current
holdings.
The underwriting syndicate for Canexus' initial public offering was co-led by
Scotia Capital Inc. and CIBC World Markets Inc. and included RBC Dominion
Securities Inc., BMO Nesbitt Burns Inc., TD Securities Inc., National Bank
Financial Inc., Canaccord Capital Corporation, HSBC Securities (Canada) Inc.,
First Associates Investments Inc., Orion Securities Inc. and Peters & Co.
Limited.
Canexus produces sodium chlorate and chlor-alkali products in several plants
throughout Canada and Brazil largely for the pulp and paper and water treatment
industries. Canexus operates reliable, strategically-located, low-cost
production facilities that capitalize on competitive electricity costs and
transportation infrastructure to minimize production and delivery costs. Canexus
will target opportunities to maximize shareholder returns and continue the
delivery of high quality products to its customers. It will assess
de-bottlenecking of its flagship sodium chlorate plant in Brandon, Manitoba -
one of the world's largest and lowest cost facilities. Additionally it will
evaluate further expansion in the fast-growing South American market.
Nexen Inc. is an independent, Canadian-based global energy company, listed on
the Toronto and New York stock exchanges under the symbol NXY. We are uniquely
positioned for growth in the North Sea, deep-water Gulf of Mexico, the Athabasca
oil sands of Alberta, the Middle East and West Africa. We add value for
shareholders through successful full-cycle oil and gas exploration and
development and leadership in ethics, integrity and environmental protection.
This press release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of these securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such province or
other jurisdiction. The securities offered have not been, and will not be,
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold in the United States absent registration or any
applicable exemption from the registration requirement of such Act.
For further information contact:
GARY KUBERA RICHARD MCLELLAN
President and CEO, Canexus Limited CFO, Canexus Limited
(403) 699-6700 (403) 699-6700
www.canexus.ca
SEAN NOE, P ENG
Analyst, Investor Relations
(403) 699-4494
801 - 7th Ave SW
Calgary, Alberta, Canada T2P 3P7
www.nexeninc.com
FORWARD LOOKING STATEMENTS
CERTAIN STATEMENTS IN THIS REPORT CONSTITUTE "FORWARD-LOOKING STATEMENTS" WITHIN
THE MEANING OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995, SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS
AMENDED, AND SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS
AMENDED. SUCH STATEMENTS ARE GENERALLY IDENTIFIABLE BY THE TERMINOLOGY USED SUCH
AS "INTEND", "PLAN", "EXPECT", "ESTIMATE", "BUDGET", "OUTLOOK" OR OTHER SIMILAR
WORDS, AND INCLUDE STATEMENTS RELATING TO ITS INTENTION TO COMPLETE AN OFFERING
OF TRUST UNITS OF CANEXUS, THE TRUST'S INTENTION TO REALIZE ON ITS INVESTMENT
AND CONTINUE TO PURSUE ATTRACTIVE GROWTH OPPORTUNITIES AND THE TRUST'S
SIGNIFICANT OPPORTUNITIES TO GROW ITS DISTRIBUTABLE CASH.
2

text: CANEXUS

text: NEXEN INC.

text: CANEXUS INCOME FUND

text: CANEXUS INCOME FUND

text: Nexen Inc.

text: Canexus Income Fund

text: Canexus

text: Canexus

text: Canexus

text: Canexus Income Fund

text: Canexus

text: Canexus Limited Partnership

text: Canexus LP

text: Canexus LP

text:
Nexen's
chemicals business

text: Canexus

text: Canexus LP

text: Canexus LP

text: Canexus

text: Canexus

text: Canexus

text: Canexus

text: Nexen Inc.

text: CANEXUS


text:
EX-99
2
bwl-a20130603_8kex99-1.htm
EXHIBIT 99.1
bwl-a20130603_8kex99-1.htm
Exhibit 99.1
For Immediate Release
June 3, 2013
BOWL AMERICA SELLS MONEY LOSING PROPERTY
Bowl America Inc. announced today that the sale of the land and building housing its 30 lane bowling center in Winter Park, Florida to Rollins College for $2,850,000 was completed on May 31, 2013. The property, which is currently operating at a loss, was purchased for $250,000 in August 1973.
Bowl America operates bowling centers and its Class A Common Stock trades on the NYSE MKT Exchange with the symbol BWLA.

text: BOWL AMERICA

text: Bowl America Inc.

text: Bowl America


text:
EX-99.6
7
e601977_ex99-6.txt
PRESS RELEASE DATED APRIL 18, 2007
[LOGO] Contacts: Thomas Kaetzer
Baseline Baseline Oil & Gas Corp.
OIL & GAS Corp. (281) 445-5880
-or-
Ron Stabiner
The Wall Street Group, Inc.
(212) 888-4848
FOR IMMEDIATE RELEASE:
BASELINE OIL & GAS COMPLETES ACQUISITION
OF NORTH TEXAS PRODUCING PROPERTIES
Houston, Tex., April 18, 2007 - Baseline Oil & Gas Corp. ("Baseline" or the
"Company") (OTC BB: BOGA) announced today that it had completed a $32 million
financing in conjunction with the closing of the acquisition of operated
producing oil and natural gas properties located in Stephens County, Texas for
total consideration of $28.6 million. The acquisition adds 3.6 MMboe of
independently engineered proved reserves, of which 2.5 MMboe is proved
producing. SEC present value (PV10) totals $49.9 million, while proved producing
PV10 is $30.2 million. The proved producing component provides immediate cash
flow, as well as meaningful upside via the further development of our acreage.
Stephens County Acquisition
The Stephens County Regular/Eliasville Field acquired by Baseline in north Texas
consists of a 100% working interest (81% net revenue interest) on a contiguous
4,600 acre waterflood which presently produces 660 Boe/d gross(520 Boe/d net).
Last year, the property generated $6.5 million of field level cash flow. The
entirety of current production and proved reserves are contained within the
existing producing Caddo Lime formation, located at a depth of approximately
3,300 feet. Of the total 4,600 acres, the central and eastern 2,800 acres are
under existing waterflood while the western 1,800 acres have yet to be
extensively developed. Baseline will immediately workover 20 idle wells and
drill up to 12 new infill wells in the central and eastern leases. While this
drilling is proceeding, Baseline will be evaluating and finalizing further
development plans for the significant expansion of the waterflood to the western
leases, which are presently producing oil from the Caddo Lime, but not under
waterflood. Management believes that this western expansion could add up to 2.0
MMbbls of incremental proved reserves.
Baseline will also be performing the evaluation of 2 additional reserve
enhancement opportunities at Stephens County. Management believes that there is
natural gas production potential from bypassed shallower zones in both the
Marble Falls and Duffer formations, which produce natural gas at depths of 3,200
to 3,400 feet, south and east of our property and into the Palo Pinto County.
The Barnett Shale is also present on our property at approximately 4,900 feet,
but has not been produced to date, although it has been produced in Palo Pinto
County. In addition, the Caddo Lime is an excellent candidate for an alkaline
surfactant polymer (ASP) flood. This proven tertiary recovery technique will be
evaluated for application, which management believes has the potential for
incremental recovery of 5% to 10% of original oil in place (OOIP), or some 3.5
MMbbls to 9.0 MMbbls, which is not currently booked.
New Albany Shale Development
In addition to allowing for the closing of the acquisition and subsequent
development of the Stephens County Regular/Eliasville field, the financing also
provides Baseline with capital in order to further participate in the
development of the New Albany Shale natural gas resource play located in the
Illinois Basin of southern Indiana. In March 2007, Baseline converted its
ownership of the properties from a limited liability company into a direct
working interest. Presently, Baseline owns an average 18% to 19% working
interest in approximately 171,000 gross acres located in 5 counties across
southern Indiana. Baseline has a non-operated working interest, and will be
participating with experienced operators in the drilling of horizontal natural
gas wells from the New Albany Shale formation located at a depth of 1,500 to
2,500 feet.
2
Oil and Gas Hedges
Concurrent with the closing of the Stephens County/Eliasville acquisition,
Baseline entered into a fixed price swap for approximately 70% of its current
net production from the Eliasville Field. The oil hedges consist of a three year
NYMEX swap, at a fixed price of $68.20 per barrel.
Corporate Direction
With the closing of this transaction, Baseline has become an oil and gas
operator located in Houston, Texas. The company is currently adding
administrative and technical staff to manage, develop, and operate its north
Texas asset, and take a more active role in the evaluation and enhancement of
its New Albany Shale acreage.
Thomas Kaetzer, Baseline's Chairman of the Board and CEO, stated, "The Board and
management of Baseline have set a clear objective to grow the company through
the "hands on" efforts of experienced oil and gas professionals. Our near to mid
term goal is the organic growth via the development of our present asset base,
coupled with the longer term goal of the accretive acquisition of additional oil
and gas properties which will build shareholder value".
FORWARD-LOOKING STATEMENTS:
This document includes forward-looking statements. Forward-looking statements
include, but are not limited to, statements concerning estimates of expected
drilling and development wells and associated costs, statements relating to
estimates of, and increases in, production, cash flows and values, statements
relating to the continued advancement of Baseline Oil & Gas Corp.'s projects and
other statements which are not historical facts. When used in this document, the
words such as "could", "plan", "estimate", "expect", "intend", "may,"
"potential", "should", and similar expressions are forward-looking statements.
Although Baseline Oil & Gas Corp. believes that its expectations reflected in
these forward-looking statements are reasonable, such statements involve risks
and uncertainties and no assurance can be given that actual results will be
consistent with these forward-looking statements. Important factors that could
cause actual results to differ from these forward-looking statements include the
potential that the Company's projects will experience technological and
mechanical problems, geological conditions in the reservoir may not result in
commercial levels of oil and gas production, changes in product prices and other
risks disclosed in Baseline's Annual report on Form 10-KSB filed with the U.S.
Securities and Exchange Commission.
# # #

text: Baseline

text: Baseline Oil & Gas Corp.

text: BASELINE OIL & GAS

text: Baseline Oil & Gas Corp.

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline

text: Baseline Oil & Gas Corp.

text: Baseline Oil & Gas Corp.

text: Baseline


text:
EX-99.1
3
ex_99-1.htm
PRESS RELEASE DATED OCTOBER 8, 2008
ex_99-1.htm
EXHIBIT 99.1
Press
Release
Source:
Vault Technology, Inc.
Vault
Technology Signs Letter of Intent to Acquire Digital Media Invention, LLC
Wednesday
October 8, 9:29 am ET
Transaction Projected to Bring
Valuable Intellectual Property and Licensing Operations
FORT
LAUDERDALE, FL--(MARKET WIRE)--Oct 8, 2008 -- Vault Technology, Inc. (OTC
BB:
VULT.OB
-
News
) today
announced that it has signed a non-binding letter of intent to acquire Digital
Media Invention, LLC. Digital Media Invention (DMI) is an intellectual property
and patent portfolio management and licensing firm.
"We are
excited to be able to add Digital Media Invention and their patent portfolio to
our groups operations", said Nick Arroyo, President and CEO of Vault Technology.
"This acquisition will form the basis of our technology solutions group as
previously announced. Their proven process for capturing, acquiring, and
licensing intellectual property will be of tremendous value to our technology
solutions unit".
Over the
past couple of years, DMI has accumulated a number of patents and intellectual
property rights for products and services related to consumer goods,
electronics, and digital media distribution. DMI has developed a methodology for
searching, negotiating, acquiring, enforcing, and licensing intellectual
property and patent rights. The company has experience in evaluating whether
products and/or processes infringe on the intellectual property rights owned by
clients and effectively researching market viability and commercialization
opportunities.
About
Digital Media Invention, LLC
Digital
Media Invention is an intellectual property and patent portfolio management and
licensing firm. The company focuses on a methodology for searching, negotiating,
acquiring, enforcing, and licensing intellectual property and patent
rights.
About
Vault Technology, Inc.
Vault
Technology, Inc. is a resource exploration and development company focusing on
its uranium project in the Wollaston domain of North Eastern Saskatchewan,
Canada. In addition, Vault is exploring other opportunities in the products and
services arena related to audiovisual systems integration, home theater systems
and digital media. Vault is actively engaged in the development of breakthrough
strategies for the next generation of enterprise system solutions. If you would
like additional information on Vault Technology, Inc. please contact us
at:
Vault Technology,
Inc.
4901 NW
17th Way, Suite 405
Fort
Lauderdale, Fl 33309
Phone: 954-492-9200
Fax: 954-492-9639
Email
contact:
info@vaulttechnology.com
Website:
http://www.vaulttechnology.com
Safe
Harbor Statement
This
release contains forward-looking statements, which are made pursuant to the safe
harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements are commonly identified by words such as "would,"
"may", "will", "expects", and other terms with similar meaning. Forward-looking
statements are based on current beliefs, assumptions and expectations and speak
only as of the date of this release and involve risks and uncertainties that
could cause actual results to differ materially from current expectations. We
assume no obligation to update or revise any forward-looking statement, whether
as a result of new information, future events or any other reason.
Contact:
CONTACT:
Vault
Technology, Inc.
4901
NW 17th Way, Suite 405
Fort
Lauderdale, FL 33309
Phone: 954-492-9200
Fax:
954-492-9639
Email
contact:
Email
Contact
_______________________
Source:
Vault Technology, Inc.

text: Vault Technology, Inc.

text:
Vault
Technology

text: Digital Media Invention, LLC

text: Vault Technology, Inc.

text:
Digital
Media Invention, LLC

text: Nick Arroyo

text: Vault Technology

text: Digital Media Invention, LLC

text: Vault Technology, Inc.

text:
Vault
Technology, Inc.

text: Vault Technology, Inc.

text:
Vault Technology,
Inc.

text:
Vault
Technology, Inc.

text: Vault Technology, Inc.


text:
EX-99
10
a08-20146_1ex99.htm
EX-99
Exhibit 99
FOR IMMEDIATE RELEASE
FOR: QUIXOTE CORPORATION
CONTACT:
Daniel P. Gorey
Chief Financial Officer
Joan R. Riley
Director of Investor Relations
(312) 467-6755
Investor Relations:
Christine Mohrmann/Bob Joyce
FD
(212) 850-5600
QUIXOTE CORPORATION ANNOUNCES THE
SALE OF ITS
INTERSECTION CONTROL SEGMENT
TO SIGNAL GROUP, INC.
CHICAGO, IL and HOUSTON, TX, July 28, 2008
-
Quixote Corporation (Nasdaq: QUIX) and Signal Group, Inc.
today
announced that Signal Group, Inc., a North American manufacturer and
seller of highway safety and traffic control products, has purchased the
Intersection Control segment from Quixote for $20 million in an all cash
transaction. Quixote's Intersection
Control segment produces and sells intelligent traffic control systems,
pedestrian signals, video detection equipment and other transportation products
for use in the traffic control market and includes its Peek Traffic and U.S.
Traffic subsidiaries. Quixote intends to
use the proceeds of the sale to pay down substantially all of its outstanding
bank debt.
Leslie J. Jezuit, Chairman and Chief Executive Officer of Quixote
Corporation, commented, "We are very
pleased to have completed this transaction, which will benefit both Quixote and
the Intersection Control segment. For
Quixote, the sale allows us to significantly strengthen our balance sheet and
improve financial flexibility. This
enables us to focus on our remaining businesses and to capitalize on promising
opportunities we see in international markets.
Our Intersection Control business appears to be a great strategic fit
with Signal Group, each contributing unique strengths to create a leading North
American player for intersection control products".
- more -
Alejandro Brunell,
President and Chief Executive Officer of Signal Group, Inc., added, "We
see exciting opportunities in the acquisition of Peek Traffic and U.S. Traffic.
This acquisition strongly complements Signal Group's current operations,
resulting in a larger, fully integrated business with advanced manufacturing
and a comprehensive product suite to better serve our customers. Furthermore, we are also bringing on board an
excellent, well regarded team of people, and we look forward to working with
the current management team to take the business to the next level".
The Intersection Control
segment generated revenue of $29.7 million in fiscal 2007. Results from the
Intersection Control segment will be reclassified as discontinued operations in
Quixote's fiscal 2008 financial statements. The Company plans to announce its
results for the fourth quarter of fiscal 2008 on August 13, 2008.
Quixote
Corporation, (www.quixotecorp.com), through its wholly-owned subsidiaries,
Quixote Transportation Safety, Inc. and Quixote Transportation
Technologies, Inc., is the world's leading manufacturer of
energy-absorbing highway crash cushions, electronic wireless measuring and
sensing devices, weather forecasting stations, computerized highway advisory
radio transmitting systems, flexible post delineators and other transportation
safety products.
Signal
Group, Inc. (www.signalgp.com) is a leading developer and manufacturer of
highway safety and traffic control products serving customers worldwide for the
past 50 years.
Safe Harbor Statement under the
Private Securities Litigation Reform Act of 1995: Except for historical
information contained herein, the matters set forth in this news release are
forward-looking statements. The
forward-looking statements set forth above involve a number of risks and
uncertainties that could cause actual results to differ materially from any
such statement, including the risks and uncertainties discussed in the Quixote
Corporation's Form 10-K for its fiscal year ended June 30, 2007,
under the caption "Forward-Looking Statements" and "Risk Factors" in Management's
Discussion and Analysis of Financial Condition and Results of Operations, which
discussion is incorporated herein by this reference. Other factors may be
described from time to time in the Quixote Corporation's public filings with
the Securities and Exchange Commission, news releases and other
communications. Readers are cautioned
not to place undue reliance on these forward-looking statements, which speak
only as of the date hereof. Quixote
Corporation does not undertake any obligation to release publicly any revisions
to these forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated events.
#
# #
2

text: QUIXOTE CORPORATION

text: Daniel P. Gorey

text: Joan R. Riley

text: QUIXOTE CORPORATION

text: INTERSECTION CONTROL SEGMENT

text: SIGNAL GROUP, INC.

text: Quixote Corporation

text: Signal Group, Inc.

text: Signal Group, Inc.

text: Intersection Control segment

text: Quixote

text: Quixote

text:
Intersection
Control segment

text: Quixote

text: Leslie J. Jezuit

text:
Quixote
Corporation

text: Quixote

text: Intersection Control segment

text: Quixote

text: Signal Group

text: Alejandro Brunell

text: Signal Group, Inc.

text: Signal Group

text:
Intersection Control
segment

text: Intersection Control segment

text: Quixote

text:
Quixote
Corporation

text: Quixote

text: Quixote

text:
Signal
Group, Inc.

text:
Quixote
Corporation

text: Quixote Corporation

text:
Quixote
Corporation


text:
EX-99.1
3
pressrelease.htm
EXHIBIT 99.1
Press Release
Kingsway Announces Sale of Assigned Risk Solutions Ltd. to National General Holdings Corp.
Toronto, Ontario (April 1, 2015) - (TSX: KFS, NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") announced today that it has closed on the sale of its subsidiary, Assigned Risk Solutions Ltd. ("ARS"), to National General Holdings Corp. ("National General") for $47 million in cash and potential future earnout payments. ARS is a managing general agent and third-party administrator licensed in twenty-two states with a primary focus on the assigned risk automobile market.
"This business came together following the acquisition of JBA Associates, Inc. in 2010, our first acquisition under new Kingsway management", stated Larry G. Swets, Jr., the Company's President and CEO. "Today's sale represents a successful execution of our merchant banking approach to acquiring interesting businesses at attractive terms run by good management teams and allowing them to operate under the Kingsway umbrella. The time was now right for a new owner to enable ARS to achieve greater success, and we look forward to watching ARS continue to grow as part of National General".
Sandler O'Neill + Partners, L.P. acted as financial advisor to the Company, and McDermott Will & Emery LLP acted as legal counsel in connection with the transaction.
About the Company
Kingsway is a holding company functioning as a merchant bank with a focus on long-term value-creation. The Company owns or controls stakes in several insurance industry assets and utilizes its subsidiaries, 1347 Advisors LLC and 1347 Capital LLC, to pursue opportunities acting as an advisor, an investor and a financier. The common shares of Kingsway are listed on the Toronto Stock Exchange and the New York Stock Exchange under the trading symbol "KFS".
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as "expects", "believes", "anticipates", "intends", "estimates", "seeks" and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements relate to future events or future performance, but reflect Kingsway management's current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, please refer to the section entitled "Risk Factors" in the Company's 2014 Annual Report on Form 10-K. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

text: Kingsway

text: Assigned Risk Solutions Ltd.

text: National General Holdings Corp.

text: Kingsway Financial Services Inc.

text: Kingsway

text: Assigned Risk Solutions Ltd.

text: National General Holdings Corp.

text: JBA Associates, Inc.

text: Kingsway

text: Kingsway

text: Sandler O'Neill + Partners, L.P.

text: McDermott Will & Emery LLP

text: Kingsway

text: Kingsway

text: Kingsway