text:
EX-99.1
7
alamoex991.htm
PRESS RELEASE DATED MARCH 9, 2010
alamoex991.htm
Exhibit 99.1
Alamo Energy Corp. Completes Additional Financing
LONDON--(BUSINESS WIRE)--Alamo Energy Corp. (OTCBB:
ALME
-
News
), is pleased to announce that Eurasian Capital Partners has provided an additional $300,000 to fund the company's continuing expansion.
On 19
th
November 2009, Eurasian Capital Partners committed up to $2,000,000 to fund Alamo's growth initiatives. The company is in the process of reviewing several opportunities, which fall within Alamo's business plan of creating secure domestic production operations.
Allan Millmaker, Chief Executive Officer of Alamo Energy Corp., commented: "Over the last few months we have been looking at many prospects across several states. With our current revenue generated from production, coupled with our recent financing and low overheads, we believe we are in a strong position to take advantage of the current favorable market conditions".
About Alamo Energy Corp.
Headquartered in London, England and with operational offices in Houston, Texas, Alamo Energy Corp. (OTC.BB: ALME - News) is an independent company focused on the exploration, development and production of onshore oil and gas reserves in the United Kingdom and United States. The company's UK exploration program is focused on four blocks spread over 154 square miles in a onshore oil and gas province in South East England. Subject to regulatory approvals, Alamo will acquire a 90% working interest in the region and be given "Operator Status" for the defined area. Alamo's US operations are focused on the development of key assets in Texas, including multiple lease acreage opportunities within what we believe is one of the leading inland crude oil producing regions in the southern US. Currently, the company has rights to participate in four projects consisting of 13 wells in excess of 590 acres across Texas, and is working to acquire additional properties throughout the region. For more information visit www.alamoenergycorp.com.
www.alamoenergycorp.com
Forward Looking Statement
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects", "will", "intends", "plans", "believes", "anticipates", "hopes", "estimates", and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; competitive factors in the market(s) in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
1

text: Alamo Energy Corp.

text: Alamo Energy Corp.

text: Eurasian Capital Partners

text: Eurasian Capital Partners

text: Alamo

text: Alamo

text: Allan Millmaker

text: Alamo Energy Corp.

text: Alamo Energy Corp.

text: Alamo Energy Corp.

text: Alamo

text: Alamo


dataset: buster

text:
EX-99
2
exhibit991.htm
EXHIBIT 99.1
Exhibit 99.1
Exhibit 99.1
Daybreak Oil and Gas, Inc., Announces Restructuring of its Balance Sheet
SPOKANE, Washington, November 3, 2016 -- Daybreak Oil and Gas, Inc. (OTC PINK:DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce that it has reached an agreement to restructure its credit facility debt with Maximilian Resources, LLC ("Maximilian"), the Company's current lender. The restructuring process has begun to take place through a series of transactions which include (i) the sale of its working interest in the Twin Bottoms Field in Lawrence County, Kentucky, (ii) the complete removal of all the Company's current debt relating to its Kentucky interests, (iii) forgiveness of a certain portion of our credit facility debt, (iv) the removal of App Energy, LLC's debt and note receivable balance from the Company's Balance Sheet, (vi) converting a portion of the Company's debt owed on the Maximilian credit facility to preferred stock subject to future shareholder approval, and (vii) a commitment by Maximilian to provide financing for a new property acquisition in Michigan to replace the Kentucky property.
Sale of Kentucky Working Interest
The Company and its partner App Energy, LLC ("App Energy") have sold their respective working interests in the Twin Bottoms Field in Lawrence County, Kentucky to a third party for a total amount of $4.5 million. Of the purchase price, $4.25 million dollars in cash has been paid to Maximilian as a pay-down of the Daybreak and App Energy debt, and $250,000 has been set aside to initially fund the new Michigan Project. Also Maximilian has set aside and committed another $250,000 to support cash flow shortfalls that may be experienced by Daybreak in the upcoming months from the absence of Kentucky revenue, while preparing the Michigan project for startup.
New Debt Structure
Below is a table showing the restructured debt balance after the Kentucky property sale and assuming the conversion of a portion of our Maximilian credit facility debt to equity and no other draws on the facility:
October 31, 2016 loan balance to Maximilian
$
17.0 million
Removal of App Energy debt
(5.4)
Removal of all Kentucky debt and forgiveness of debt
(2.9)
Maximilian conversion to preferred equity
(3.2)
New debt balance
$
5.5 million
The maturity date of the Maximilian credit facility has been extended from August 28, 2017 to February 28, 2020. Monthly interest and principal payments have been suspended for a period of six months until May 1, 2017 with no penalty or interest, or until the first payment date occurring after the first date that the Company receives production revenue from the Michigan project, whichever event occurs first.
Upcoming Michigan Acquisition
Daybreak, App Energy and Maximilian have agreed in principle to enter into a Joint Venture Agreement to develop two shallow oil prospects in Michigan. The Joint Venture Agreement is expected to be completed before the end of November 2016. A lease option has been secured by App Energy. Multiple targets have already been identified through 2-D seismic interpretation. A partial 3-D seismic will be shot in the near future to confirm the 2-D seismic data. Wells in the immediate area of the prospects are typically expected to have 150,000 barrels of recoverable oil. We have identified 16 drilling locations on the acreage. A typical well in the area is estimated to have an initial production rate of 75 - 100 barrels of oil per day with very low decline rates. The target reservoir will be encountered at a depth of 2,500 feet to 3,000 feet. These vertical wells will require no hydraulic fracturing. The first well is expected to be drilled in the first calendar quarter of 2017. The escrowed funds discussed above will be used to acquire the 3-D seismic and to drill the first well.
James F. Westmoreland, President and Chief Executive Officer, commented, "We have had to make some hard choices within our Company however, I believe that this series of restructuring transactions, when they are all completed, will position Daybreak to be able to bring its debt in line with current market conditions, operate, compete and expand our oil reserve base in this current oil price environment. While we believed in the Kentucky project, the economics of continuing to develop the reserves in this price environment were not very attractive considering the well costs and the cost of servicing our debt. We are however, pleased that we have this new opportunity in Michigan where the well costs should be less expensive and our debt service will be more manageable. While expected initial production rates for the Michigan will be less than the Kentucky initial production rates, the decline rate in Michigan is expected to be substantially less than in Kentucky, so recouping our drilling and completion costs will take less time thus giving us a much better rate of return for our shareholders in the current price environment. We continue to operate our East Slopes Field in Kern County, California where our stable production base from our 20 producing wells provides us with a steady dependable cash flow each month. The economics of new drilling in California are not attractive until the oil prices remain steadily above $60 per barrel so we don't expect any new drilling there in the foreseeable future".
Daybreak Oil and Gas, Inc. is an independent oil and natural gas company currently engaged in the exploration, development and production of onshore oil and natural gas in the United States. The Company is headquartered in Spokane, Washington with an operations office in Friendswood, Texas. Daybreak owns a 3-D seismic survey that encompasses 20,000 acres over 32 square miles with approximately 6,500 acres under lease in the San Joaquin Valley of California. The Company operates production from 20 oil wells in our East Slopes project area in Kern County, California.
More information about Daybreak Oil and Gas, Inc. can be found at www.daybreakoilandgas.com.
Contact:
Ed Capko Telephone: 815-942-2581
Investor Relations Email: edc@daybreakoilandgas.com
Certain statements contained in this press release constitute "forward-looking statements" as defined by the Securities and Exchange Commission. Such statements can be identified by the use of forward-looking terminology such as "believe", "expect", "may", "should", "up to", "approximately", "likely", or "anticipates" or the negative thereof. These forward-looking statements are based on our current expectations, assumptions, estimates and projections for the future of our business and our industry and are not statements of historical fact. Such forward-looking statements include, but are not limited to, statements about our expectations regarding our financing, our future operating results, our future capital expenditures, our expansion and growth of operations and our future investments in and acquisitions of oil and natural gas properties. We have based these forward-looking statements on assumptions and analyses made in light of our experience and our perception of historical trends, current conditions, and expected future developments. However, you should be aware that these forward-looking statements are only our predictions and we cannot guarantee any such outcomes. Future events and actual results may differ materially from the results set forth in or implied in the forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: general economic and business conditions; exposure to market risks in our financial instruments; fluctuations in worldwide prices and demand for oil and natural gas; fluctuations in the levels of our oil and natural gas exploration and development activities; our ability to find, acquire and develop oil and natural gas properties, including the ability to develop the East Slopes Project and Michigan prospects; risks associated with oil and natural gas exploration and development activities; competition for raw materials and customers in the oil and natural gas industry; technological changes and developments in the oil and natural gas industry; legislative and regulatory uncertainties, including proposed changes to federal tax law and climate change legislation, and potential environmental liabilities; our ability to continue as a going concern; and our ability to secure additional capital to fund operations. Additional factors that may affect future results are contained in our filings with the Securities and Exchange Commission ("SEC") and are available at the SEC's web site http://www.sec.gov. Daybreak Oil and Gas, Inc. disclaims any obligation to update and revise statements contained in this press release based on new information or otherwise.

label: organization

text: Daybreak Oil and Gas, Inc.

text: Daybreak Oil and Gas, Inc.

text: Maximilian Resources, LLC

label: person

text: James F. Westmoreland

text: Daybreak Oil and Gas, Inc.

text: Daybreak Oil and Gas, Inc.

text: Daybreak Oil and Gas, Inc.

source_dataset: expertai/BUSTER

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


text:
EX-99.1
3
a5571753ex99_1.htm
EXHIBIT 99.1
a5571753ex99_1.htm
Exhibit
99.1
Gene
Logic Inc. Completes Sale of Genomics Assets
to
Ocimum Biosolutions
Gene
Logic Inc. Renamed Ore Pharmaceuticals Inc.,
Commitment
to Drug Repositioning and Development Business Reaffirmed
GAITHERSBURG,
Md. -
December 14
, 2007
- Gene Logic
Inc. (NASDAQ: GLGC) announced today that it completed the sale of its
Genomics assets to Ocimum Biosolutions Ltd., a global life sciences R&D
enabling company. As a result of the sale, Gene Logic Inc. received
$7 million in exchange for its genomics assets; an additional $3 million
is
payable pursuant to a promissory note due 18 months from the date of closing.
Ocimum has assumed certain liabilities associated with the Genomics assets
and
business. The sale was approved by Gene Logic Inc. shareholders
earlier this week. The Gene Logic name transfers to Ocimum Biosolutions and
the
Company, formerly named Gene Logic Inc., now is renamed Ore Pharmaceuticals
Inc. The company's stock will trade under the ticker symbol GLGC for
a few days and then will trade under its new ticker symbol ORXE.
In
addition to the drug repositioning and development business, the Company
retains
specified assets and capabilities related to molecular diagnostics and will
continue to explore strategic alternatives for these assets.
The
business of Ore Pharmaceuticals is now focused entirely on drug repositioning
and development. The Company currently has eight pharmaceutical partners,
including Pfizer, Roche, Abbott, Merck Serono, Organon, Solvay, and H. Lundbeck,
for whom it is analyzing drug compounds by applying its proprietary indication
seeking program. The Company also owns commercial rights to a
clinical stage small molecule drug candidate, GL1001, that has demonstrated
potential utility at relevant doses in
in vivo
testing for treating
inflammatory bowel disease (IBD). Based on the test results and market
opportunities in IBD, the Company is seeking a partner for the clinical
development of GL1001.
Company
Overview
Headquartered
in Gaithersburg, Maryland, the Company's indication discovery technologies are
currently applied at its facilities in Cambridge, Massachusetts on behalf
of a
number of top pharmaceutical companies. These companies have provided compounds
which have failed advanced clinical studies for reasons other than
safety.
####
Safe Harbor
Statement
This
press
release contains "forward-looking statements", as such term is used in the
Securities Exchange Act of 1934, as amended. Such forward-looking statements
include the Company's ability to identify strategies for making its businesses
successful and the impact of such strategies on our business and financial
performance and on shareholder value. Forward-looking statements typically
include the words "expect", "anticipate", "believe", "estimate", "intend,"
"may", "will", and similar expressions as they relate to Gene Logic or its
management. Forward-looking statements are based on our current expectations
and
assumptions, which are subject to risks and uncertainties. They are not
guarantees of our future performance or results. Our actual performance and
results could differ materially from what we project in forward-looking
statements for a variety of reasons and circumstances, including particularly
such risks and uncertainties that may affect the Company's operations, financial
condition and financial results and that are discussed in detail in the
Company's Annual Report on Form 10-K and our other subsequent filings with the
Securities and Exchange Commission. They include, but are not limited to:
whether repositioned compounds are successfully returned to our customers'
pipelines and generate sales, resulting in milestone payments and royalties
for
the Company or whether we acquire on acceptable terms development rights
to
repositioned compounds that our partners decline to develop and are able
to
derive revenue from these compounds through licensing or otherwise, whether
we
can enter into agreements to develop sufficient compounds to fulfill our
plans
for the Drug Repositioning Division; whether there will be any claims associated
with the sale of the Pre-Clinical Division or the Genomics Assets, whether
we
will be able successfully to manage our existing cash and have access to
financing on sufficiently favorable terms to maintain our businesses and
effect
our strategies, including development of repositioned compounds; whether
we will
be able to recruit and retain qualified personnel, particularly in light
of our
restructuring efforts; potential negative effects on our operations and
financial results from workforce reductions, other restructuring activities,
and
the evaluation of strategic options; the potential loss of significant
customers; the possibility of further write-down of the value of certain
intangible assets of the Company, including goodwill associated with the
Genomics Division; and the possibility of delisting from NASDAQ Global Markets,
which could have an adverse effect on the value of our stock. Gene
Logic undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
###
For
further information, please contact:
Gene
Logic Inc.
Philip
L. Rohrer, Jr. (investors)
Chief
Financial Officer
301.987.1700
Email:
prohrer@genelogic.com
Gene
Logic Inc.
Bethany
Mancilla (partnering opportunities)
Senior
Vice President, Business Development
301.987.1700
Email:
bmancilla@genelogic.com
Gene
Logic Inc.
Christopher
Culotta (investors and media)
Senior
Director, Strategic Communications
301.987.1752
Email:
cculotta@genelogic.com

text:
Gene
Logic Inc.

text: Genomics Assets

text: Ocimum Biosolutions

text:
Gene
Logic Inc.

text:
Gene Logic
Inc.

text: Genomics assets

text: Ocimum Biosolutions Ltd.

text: Gene Logic Inc.

text: Genomics assets

text: Gene Logic Inc.

text: Ocimum Biosolutions

text: Gene Logic Inc.

text: Genomics Assets

text:
Gene
Logic Inc.

text:
Gene
Logic Inc.

text:
Gene
Logic Inc.


text:
EX-99.1
2
exhibit99_1.htm
PRESS RELEASE
exhibit99_1.htm
Exhibit 99.1
For Immediate Release
PLATO Learning Completes Merger with Thoma Bravo
Minneapolis, MN (May 25, 2010) - PLATO Learning, Inc. (NASDAQ: TUTR), a leading provider of K-adult online learning solutions, announced that earlier today the Company's stockholders approved and adopted the merger agreement providing for the acquisition of PLATO Learning by an affiliate of Thoma Bravo, LLC. The transaction is valued at approximately $143 million and was completed today.
"We are pleased with the outcome of today's stockholder vote", said Vin Riera, PLATO Learning's President and Chief Executive Officer. "We believe that the transaction with Thoma Bravo provides PLATO Learning's stockholders an attractive premium and is in the best interest of all of the Company's stockholders. We look forward to partnering with Thoma Bravo and expect a seamless transition process".
Holden Spaht, a Principal at Thoma Bravo said, "Thoma Bravo is excited to bring the firm's extensive experience in buying and building software companies to PLATO Learning. We look forward to working with PLATO Learning's talented employees and management team to strengthen the Company's position in the education technology market".
Under the terms of the merger agreement, PLATO Learning stockholders will receive $5.60 in cash for each share of PLATO Learning common stock held. Letters of transmittal allowing PLATO Learning stockholders of record to deliver their shares to the paying agent in exchange for payment of the merger consideration will be distributed promptly after the closing. Stockholders who hold shares through a bank or broker will not have to take any action to have their shares converted into cash, as such conversions will be handled by the bank or broker.
With the closing of the transaction, PLATO Learning's common shares will cease to trade on NASDAQ at market close today and will be delisted.
Thomas Weisel Partners LLC served as exclusive financial advisor to PLATO Learning, and Craig-Hallum Capital Group LLC provided a fairness opinion to the Company's Board of Directors.
About PLATO Learning, Inc.
PLATO Learning is a leading provider of computer-based and e-learning instruction for kindergarten through adult learners, offering curricula in reading, writing, math, science, social studies, and life and job skills. For more information on PLATO Learning, visit www.plato.com.
About Thoma Bravo, LLC
Thoma Bravo is a leading private equity investment firm that has been providing equity and strategic support to experienced management teams building growing companies for more than 29 years. The firm originated the concept of industry consolidation investing, which seeks to create value through the strategic use of acquisitions to accelerate business growth. Thoma Bravo applies its investment strategy across multiple industries with a particular focus on the software and services sectors. In the software industry, Thoma Bravo has completed 40 acquisitions across 14 platform companies with total annual earnings of approximately $700 million. For more information on Thoma Bravo, visit www.thomabravo.com.
CONTACTS:
For PLATO Learning:
Robert Rueckl
Chief Financial Officer
PLATO Learning, Inc.
952.932.1000
For Thoma Bravo:
Amber Roberts
Lane PR
646.673.8547
amber@lanepr.com

text: PLATO Learning

override: organization

label: fund

text: Thoma Bravo

override: fund

text: PLATO Learning

text: PLATO Learning

text: Thoma Bravo, LLC

text: PLATO Learning

text: Thoma Bravo

text: PLATO Learning

text: Thoma Bravo

text: Thoma Bravo

text: Thoma Bravo

text: PLATO Learning

text: PLATO Learning

text: PLATO Learning

text: PLATO Learning

text: PLATO Learning

text: PLATO Learning

text: Thomas Weisel Partners LLC

text: PLATO Learning

text: Craig-Hallum Capital Group LLC

text: PLATO Learning

text: PLATO Learning

text: PLATO Learning

text: Thoma Bravo, LLC

text: Thoma Bravo

text: Thoma Bravo

text: Thoma Bravo

text: Thoma Bravo

text: PLATO Learning

text: Robert Rueckl

text: PLATO Learning

text: Thoma Bravo


text:
EX-99.2
4
exh99-2.htm
PRESS RELEASE DATED APRIL 5, 2013
April 3, 2013 Exhibit 99.2
EXHIBIT 99.2
SGI Managers Join S&W Seed in Key
Leadership Roles
For Immediate Release
Contact:
Robert Blum, Joe Dorame, Joe Diaz
Lytham Partners, LLC
602-889-9700
sanw@lythampartners.com
www.lythampartners.com
Matt Szot
Chief Financial Officer
S&W Seed Company
559-884-2535
www.swseedco.com
FIVE POINTS, California
- April 5, 2013 - S&W Seed Company (Nasdaq: SANW) today announced that it
has strengthened its management team and Board of Directors by the addition of two alfalfa
seed industry veterans. Dennis Jury, previously managing director of Seed Genetics International ("SGI") has
been appointed Executive Vice President of Operations of S&W Seed Company. Mr. Jury will continue in his role of
Chief Executive and General Manager of SGI. Mark Harvey, previously director of Seed Genetics International has
been elected as a Director and Vice Chairman of the Board of S&W Seed Company. Both
appointments follow the acquisition of Seed Genetics International by S&W Seed Company in a transaction that
closed on April 1, 2013. The acquisition creates the largest non-dormant alfalfa seed company in the world.
Mark Grewal, president and chief executive officer of S&W Seed Company commented, "A key motivator for
making the SGI acquisition is the highly talented and experienced seed industry team that is joining
S&W. As we integrate the global operations of our two companies, Dennis and Mark's leadership will
serve S&W well. Additionally, as we expand our reach in production and sales, their worldwide relationships and
years of experience will be huge assets".
Mr. Jury's responsibilities will include the operational integration of the two companies, which now boast having
geographically diversified, year-round alfalfa seed production in the United States and Australia, as well as a 22 country
sales channel that covers six continents. Mr. Jury is a veteran of the agricultural industry, having worked for ICI Crop
Care, Schering Ag, and South Australian Seedgrowers Cooperative (later "Seedco", then subsequently
known as "SeedMark") in various roles including territory sales, territory manager and product and market development manager, before
joining Seed Genetics International in August 2003 as Business Manager. He was appointed Managing Director of Seed
Genetics International in July 2009. Mr. Jury studied Agricultural Science at the Waite Agricultural Research Institute in
Urbrae, South Australia with a Bachelor of Agricultural Science degree, and received his MBA from the Adelaide Graduate
School of Management.
Effective April 1, 2013, Mr. Harvey became Vice Chairman of Board of Directors of S&W Seed Company. Mark Harvey
has more than 35 years of experience in production processing and marketing of seed to many parts of the
world, particularly branded alfalfa and clover. Mr. Harvey managed a 10,000 acre family farm producing seed, wheat and
pulse crops, along with wool and beef, from 1976 until 1996 when the company he founded, Paramount Seeds, was sold to Elders Ltd.
While with Elders, Mr. Harvey was manager of their national and international seed business from 1996 until 2001. In 1992, he was a
founding partner of Seed Genetics International where he focused primarily on marketing and distribution. Mr. Harvey was
educated at Cunderdin Agricultural College in West Australia.
Grover Wickersham, Chairman of S&W Seed Company, said "Mark Harvey is known in the
industry as a master strategist and innovative thinker. I am excited that he believes in our combination enough that he chose to
take a large shareholding in S&W. I expect great things from Mark in his leadership role as S&W Vice Chairman".
About S&W Seed Company
Founded in 1980, S&W Seed Company is a global agricultural company, headquartered in the Central Valley of
California. The company is the largest producer of non-dormant alfalfa seed varieties in the world, with production operations in the San
Joaquin and Imperial Valley's of California, as well as in South Australia. The company has worldwide sales and distribution through
both a direct sales force as well as dealer-distributors. The company's proprietary varieties are designed to meet the shifting needs of
farmers that require high performance in poor and highly saline soil conditions and have been verified over decades of
university-sponsored trials. Additionally, the company is utilizing its research and breeding expertise to develop and produce U.S.-based stevia
leaf. Stevia is an all-natural, zero calorie sweetener from the food and beverage industry. For more information, please visit
www.swseedco.com
.
Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe
future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will"
or "should", "expected", "anticipates", "draft", "eventually" or "projected." You are cautioned that such statements are subject to a
multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in
the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking
statements as a result of various factors and other risks identified in the company's Annual Report on Form 10-K for the fiscal year
ended June 30, 2012, and in other filings subsequently made by the Company with the Securities and Exchange Commission.

text: SGI

text: Matt Szot

text: S&W Seed Company

text: S&W Seed Company

text: Seed Genetics International

text: SGI

text: S&W Seed Company

text: SGI

text: Seed Genetics International

text: S&W Seed Company

text: Seed Genetics International

text: S&W Seed Company

text: Mark Grewal

text: S&W Seed Company

text: SGI

text: S&W.

text: Seed Genetics International

text:
Seed
Genetics International

text: S&W Seed Company

text: Seed Genetics International

text: Grover Wickersham

text: S&W Seed Company

text: S&W.

text: S&W Seed Company

text: S&W Seed Company


text:
EX-99.1
3
exhibit99-1_15683.txt
PRESS RELEASE DATED JANUARY 16, 2008
EXHIBIT 99.1
------------
CONTACTS:
Joan Huwiler, RWA Mary Ingarra, CT Water
(203) 401-2772 1-800-428-3985 x 3014
TRANSACTION TO ACQUIRE BIRMINGHAM UTILITIES COMPLETE
REGIONAL WATER AUTHORITY OWNS ANSONIA DIVISION
CONNECTICUT WATER OWNS EASTERN OPERATIONS
NEW HAVEN, CONNECTICUT - JANUARY 16, 2008 - The South Central Connecticut
Regional Water Authority (RWA) of New Haven and the Connecticut Water Company of
Clinton today acquired Birmingham Utilities. As part of the transactions, RWA
will own and operate the Ansonia Operations of Birmingham Utilities which has
9,500 customers in Ansonia, Derby, and Seymour. Connecticut Water will own and
operate the Eastern Division of Birmingham Utilities which has 2,200 customers
in 15 towns.
The transactions were effectuated through the merger of RWA21, Ltd., a newly
created wholly owned subsidiary of RWA, with and into BIW Limited, the parent
company that owns Birmingham Utilities. Connecticut Water acquired the Eastern
Division from Birmingham Utilities immediately prior to the merger.
The Connecticut Department of Public Utility Control (DPUC) approved the sale of
Birmingham Utilities to the two water companies in November 2007. The DPUC
decision noted that the Birmingham customers will benefit from being served by
larger utilities that have the resources and capital to invest in future system
improvements, as well as the expertise of highly qualified professional
engineers, water treatment and distribution system operators and customer
service representatives that are on staff.
"We have been planning for the integration of the companies. For years, BUI has
run a quality operation and from the customers' perspective, we will continue to
build upon that strong record of customer service. Our goal is to provide the
BUI customer with a seamless, transparent integration", said David Silverstone,
president and CEO of the South Central Connecticut Regional Water Authority.
Birmingham announced its intent to sell to RWA and Connecticut Water on June 29,
2007. The partnership between the RWA and Connecticut Water to purchase
Birmingham Utilities allowed the transaction to go forward in a fashion
consistent with the RWA's enabling legislation, which limits its water utility
acquisitions to certain towns. The Ansonia operations are within the RWA
district and the remaining systems more closely fit in the Connecticut Water
service area.
"Our employees began working with BUI Eastern Division employees, customers and
town leaders six months ago to ensure they are part of Connecticut Water from
day one", said Eric W. Thornburg, Connecticut Water president and CEO. "We will
continue to work with community leaders and customers to build upon the
investments and infrastructure improvements that Birmingham made in the region
to provide quality service to the customers.
This acquisition was also approved the shareholders of BIW Limited and the
Authority's Representative Policy Board.
EDITORS NOTE:
About the South Central Connecticut Regional Water Authority: It is a nonprofit
public corporation and political subdivision of the State of Connecticut. In
1980, the Authority acquired the New Haven Water Company, an investor owned
water utility, which was founded in 1849. It owns more than 26,000 acres of
land, provides a wide array of recreational opportunities and provides water
related services. Through its Whitney Water Center, the Authority provides
hands-on water science programs to some 16,000 students annually.
About The Connecticut Water Company: It provides water to more than 83,000
customers, or nearly 300,000 people, in 41 towns in Connecticut, and is the
largest subsidiary of Connecticut Water Service, Inc. (NASDAQ GS: CTWS), New
England's largest locally based investor owned water utility company. CTWS also
provides water related services to residential, commercial and industrial
customers as well as municipalities and other water utilities though its New
England Water Utility Services subsidiary.

text: RWA

text: BIRMINGHAM

text: REGIONAL WATER AUTHORITY

text: ANSONIA DIVISION

text: CONNECTICUT WATER

text: EASTERN OPERATIONS

text: RWA

text: Birmingham

text: RWA

text: Birmingham

text: Connecticut Water

text: Birmingham

text: RWA

text: Birmingham

text: Connecticut Water

text: Birmingham

text: Birmingham

text: Birmingham

text: David Silverstone

text: Birmingham

text: RWA

text: Connecticut Water

text: RWA

text: Connecticut Water

text: Birmingham

text: RWA

text: RWA

text: Connecticut Water

text: Connecticut Water

text: Birmingham

text: Connecticut Water


text:
EX-99.4
14
ea123745ex99-4_akerna.htm
PRESS RELEASE
Exhibit 99.4
Akerna
Completes Acquisition of Ample Organics
DENVER, July 8, 2020
-- Akerna Corp. (Nasdaq: KERN), a leading provider of enterprise software solutions for the cannabis industry and developer of
the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), is
pleased to announce it has completed its acquisition of Ample Organics Inc., Canada's industry-leading seed-to-sale platform
with a majority market share.
"After working
closely with John and the team at Ample over the last six months finalizing our integration and go to market strategies, I could
not be more confident in the merits of the transaction and associated synergies", said Jessica Billingsley, chief executive
officer, Akerna. "The cannabis economy runs on Akerna. The close of our acquisition of Ample Organics solidifies our position
as the scaled global technology provider serving the industry".
This combination
provides Akerna with a significant advantage as the company leverages its pre-eminent global technology platform, addressing the
entire supply chain and its regulatory bodies through accountability and transparency. With this acquisition, Akerna is further
executing on its business strategy of complementing strong organic growth with select acquisitions of highly targeted and synergistic
technology companies.
"Today marks
a significant milestone for Ample Organics", commented John Prentice, chief executive officer of Ample. "We are thrilled
to be joining forces with Akerna to create the only true provider of technology solutions for the cannabis sector across North
America."
Under the terms of the transaction,
Ample Organics was acquired for CAD$7.5 million in cash and approximately 3.3 million shares exchangeable into an equivalent number
of Akerna common stock..
Cowen acted as
exclusive financial advisor to Akerna, and INFOR Financial Inc. acted as exclusive financial advisor to Ample Organics.
All numbers are
based on currency exchange rates as of Dec. 17, 2019.
About Akerna
Akerna is a global regulatory compliance
technology company in the cannabis space. Akerna's service offerings include MJ Platform
®
, Leaf Data Systems
®
,
solo sciences, Trellis and Ample Organics. Since its establishment in 2010, the company has tracked more than $18 billion in cannabis
sales. Akerna is based in Denver.
Forward-Looking Statements
Certain statements made in this release
and in any accompanying statements by management are "forward-looking statements" within the meaning of the "safe
harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release,
the words "estimates", "projected", "expects", "anticipates", "forecasts,"
"plans", "intends", "believes", "seeks", "may", "will,"
"should", "future", "propose" and variations of these words or similar expressions (or the
negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements
are not guarantees of future performance, conditions or results, and involve a number of significant known and unknown risks,
uncertainties, assumptions, and other important factors, many of which are outside Akerna's control, that could cause actual
results or outcomes (including, without limitation, the results of Akerna's contracts, strategic initiatives, and business
plans as described herein) to differ materially from those discussed in the forward-looking statements. Important factors, among
others that may affect actual results or outcomes, include (i) Akerna's ability to recognize the anticipated benefits of
being a public company, (ii) competition, (iii) Akerna's ability to grow and manage growth profitably, (iv) Akerna's
ability to maintain relationships with customers and suppliers and retain its management and key employees, (v) costs related
to being a public company, (vi) changes in applicable laws or regulations, (vii) Akerna's ability to identify and integrate
acquisitions and achieve expected synergies and operating efficiencies in connection with acquired businesses, (viii) and other
risks and uncertainties disclosed from time to time in Akerna's filings with the U.S. Securities and Exchange Commission,
including those under "Risk Factors" therein. Actual results, performance, or achievements may differ materially,
and potentially adversely, from any projections and forward-looking statements and the assumptions on which those vary from forward-looking
statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree.
You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected
financial and other information, are based on estimates and assumptions that are inherently subject to various significant risks,
uncertainties and other factors, many of which are beyond Akerna's control. All information herein speaks only as of the
date hereof, in the case of information about Akerna, or the date of such information, in the case of information from persons
other than Akerna. Akerna undertakes no duty to update or revise the information contained herein. Forecasts and estimates regarding
Akerna's industry and end markets are based on sources believed to be reliable; however, there can be no assurance these
forecasts and estimates will prove accurate in whole or in part.
Media Contact:
D. Nikki Wheeler
303-514-2012
Nikki.Wheeler@Akerna.Com
Investor Contact:
Jason Assad
678-570-6791
Jassad@Akerna.Com

text: Akerna

text: Ample Organics

text: Akerna Corp.

text: Ample Organics Inc.

text: Jessica Billingsley

text: Akerna

text: Akerna

text: Ample Organics

text: Akerna

text: Akerna

text: Ample Organics

text: John Prentice

text: Akerna

text: Ample Organics

text: Akerna

text: Cowen

text: Akerna

text: INFOR Financial Inc.

text: Ample Organics

text: Akerna

text: Akerna

text: Akerna

text: Ample Organics

text: Akerna

text: Akerna

text: Akerna

text: Akerna

text: Akerna

text: Akerna

text: Akerna

text: Akerna

text: Akerna

text: Akerna

text: Akerna

text: Akerna

text: Akerna


text:
EX-99.1
3
dp166375_ex9901.htm
EXHIBIT 99.1
Exhibit 99.1
GuideWell Finalizes
Acquisition of Triple-S to Drive Health Care Affordability and Improve Health Outcomes in Florida and Puerto Rico
Leverages Blue
Cross and Blue Shield Plans' Complementary Strengths and Shared Commitment to Help People and Communities Achieve Better Health
and to Lead in Healthcare Transformation
Accelerates the
Launch of Best-in-Class Culturally Relevant Offerings in Florida and Puerto Rico and Enhances Affordability
GuideWell commits
$1.25 million in donations to Hispanic nonprofits in Orlando and Puerto Rico
JACKSONVILLE,
Fla. and SAN JUAN, Puerto Rico - Feb. 1, 2022 -
GuideWell Mutual Holding Corporation ("GuideWell"), parent of Blue
Cross and Blue Shield of Florida, Inc. ("Florida Blue"), has closed on its acquisition of Triple-S Management Corporation
(NYSE: GTS) ("Triple-S"), a leading health care services company in Puerto Rico, the companies announced today. GuideWell
acquired all outstanding shares of Triple-S Management common stock for $36.00 per share in cash.
With the completion
of the transaction, Triple-S is now a wholly-owned subsidiary of GuideWell and will continue to operate under the Triple-S brand. Triple-S
Management's providers, members and community partners will continue working with the Triple-S Management staff. Combined, the companies
now serve more than 46 million people in 45 states and Puerto Rico.
The transaction
brings together two mission-driven, community-focused companies that will be well equipped to improve health outcomes, affordability,
access and equity in both Florida and Puerto Rico.
To mark the combination,
GuideWell also announced that it is donating $1 million to the Triple-S Foundation, which will be distributed to organizations that support
the health and well-being of Puerto Ricans with a focus on addressing food insecurity and social isolation among vulnerable populations.
Additionally, Florida Blue will make a $250,000 donation to the Hispanic Federation of Orlando, a nonprofit viewed as a trusted voice
by the Puerto Rican community that
serves as a one-stop assistance center.
"With the
acquisition of Triple-S, we expect to combine their team's knowledge and expertise with our own to enhance access, quality, and
the affordability of health care for the stakeholders of both companies", said GuideWell and Florida Blue President and CEO Pat
Geraghty. "The combination will result in a well-diversified industry leader, strongly positioned to compete effectively, and invest
substantially to accelerate our strategies and drive improved health outcomes for the benefit of our diverse populations".
"We come together
to build on our respective strengths to remove barriers and better serve our communities. We look forward to the many possibilities of
advancing health in Puerto Rico, Florida and beyond", said Roberto Garcia-Rodriguez, CEO and President of Triple-S Management.
About GuideWell
GuideWell Mutual
Holding Corporation (GuideWell) is a not-for-profit mutual holding company and the parent to a family of forward-thinking companies focused
on transforming health care. The GuideWell organization includes Florida Blue, the leading health insurance company in Florida; Triple-S
Management, a leading health care services company in Puerto Rico; GuideWell Health, a portfolio of clinical delivery organizations;
GuideWell Venture Group, a portfolio of companies including Onlife Health and PopHealthCare focused on creating human-first and innovative
health solutions for health plans; GuideWell Source, a provider of administrative services to state and federal health care programs;
and WebTPA, a market leading administrator of self-funded employer health plans. In total, GuideWell and its affiliated companies serve
more than 46 million people in 45 states, Puerto Rico and the U.S. Virgin Islands. For more information, visit www.guidewell.com.
About Florida
Blue
Florida Blue, Florida's
Blue Cross and Blue Shield company, has been providing health insurance to residents of Florida for more than 75 years. Driven by its
mission of helping people and communities achieve better health, the company serves more than 5 million health care members across the
state. Headquartered in Jacksonville, Fla., it is an independent licensee of the Blue Cross and Blue Shield Association.
About Triple-S
Management Corporation
Triple-S Management,
a health services company, serves more than 1 million customers in Puerto Rico, which represents nearly one-third of the island's
population. With over 60 years of experience, it is the premier insurance and managed care brand, with the largest customer base and
broadest provider networks on the island. Triple-S Management has the exclusive right to use the Blue Cross Blue Shield name and mark
throughout Puerto Rico, the U.S. Virgin Islands, Costa Rica, the British Virgin Islands and Anguilla, and offers a broad portfolio of
managed care and related products in the commercial, Medicare Advantage and Medicaid segments. Triple-S Management is also a well-known
brand in the life insurance and property and casualty insurance segments in Puerto Rico, with strong customer relationships and a significant
market share. For more information about Triple-S Management, visit www.triplesmanagement.com.
GuideWell Contacts
Thurman Justice
EVP and Chief Financial Officer
(904) 905-5085
Farley Kern
Chief Communications Officer
Farley.Kern@bcbsfl.com
(312) 213-9811
Toni Woods
Director of Public Relations
Toni.Woods@bcbsfl.com
(904) 905-3153
Triple-S Management Contacts
Victor J. Haddock-Morales
EVP and Chief Financial Officer
(787) 749-4949
Garrett Edson
ICR
(787) 792-6488

text: GuideWell

text: Triple-S

text: GuideWell

text: GuideWell Mutual Holding Corporation

text: GuideWell

text: Florida Blue

text: Triple-S Management Corporation

text: Triple-S

text: GuideWell

text: Triple-S Management

text: Triple-S

text: GuideWell

text: Triple-S

text:
Triple-S
Management

text: Triple-S Management

text: GuideWell

text: Triple-S

text: Florida Blue

text: Triple-S

text: GuideWell

text: Florida Blue

text: Roberto Garcia-Rodriguez

text: Triple-S Management

text: GuideWell

text:
GuideWell Mutual
Holding Corporation

text: GuideWell

text: GuideWell

text: Florida Blue

text:
Triple-S
Management

text: GuideWell

text: GuideWell

text: GuideWell

text: GuideWell

text:
Florida
Blue

text: Florida Blue

text:
Triple-S
Management Corporation

text: Triple-S Management

text: Triple-S Management

text: Triple-S Management

text: Triple-S Management

text: GuideWell

text: Toni Woods

text: Triple-S Management


text:
EX-99
5
chinanuvo8k090711ex991.htm
EX-99.1 PRESS RELEASE
Exhibit 99.1
Exhibit 99.1
For Immediate Release
For Further Information Contact:
September 6, 2011
Henry Fong, President
(561)514-9042
CHINA NUVO SOLAR COMPLETES ACQUISITION OF SURGLINE
Medical and surgical products company poised to participate in healthcare cost containment initiatives in multibillion dollar industry
West Palm Beach, Florida -
China Nuvo Solar Energy, Inc.
(OTCQB:
CNUV
) today announced that it has completed the acquisition of 100% of the common stock of SurgLine, Inc. ("SurgLine"). Pursuant to the terms of the Share Exchange Agreement SurgLine will become a wholly owned subsidiary of China Nuvo. The Company will continue to trade under the symbol CNUV. At the appropriate time the Company will seek to change its name and symbol to reflect the business of SurgLine. SurgLine's product lines include trauma, orthopedic, spine and ENT medical and surgical products selling into hospitals and surgery centers. Surgline, formed earlier this year and in business for a few months already is generating revenues and orders as previously reported.
Mr. Tom Toland, CEO of SurgLine was quoted as saying "I speak for the entire SurgLine executive team in that we are looking forward to a highly successful business platform with China Nuvo. We appreciate their commitment to assisting in getting this transaction closed in an expeditious manner. We are focused on telling the SurgLine story, of "More Value for Your Healthcare Dollar" and positioning the company for great success for the future".
Toland continued, "As a company we are committed to reduce healthcare costs while maintaining the quality products that the hospital or surgical center has provided in the past in servicing their patients. We have been extremely satisfied with the response we are getting throughout the healthcare industry as we introduce our medical and surgical products and the impact we can have in containing costs while maintaining quality".
Henry Fong, Chairman of China Nuvo stated "We are very pleased to have concluded this transaction. We believe this acquisition made the most sense for our shareholders, as SurgLine is already a revenue generating company. They have assembled a talented management team that have had success in their pasts and have built supplier and distributor relationships over their combined 100 year healthcare industry experience".
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospitals, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About China Nuvo Solar Energy
China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
This press release may include 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. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
# # # #

text: Henry Fong

text: CHINA NUVO SOLAR

text:
SURGLINE
Medical

text: China Nuvo Solar Energy, Inc.

text: SurgLine, Inc.

text: SurgLine

text: SurgLine

text: China Nuvo

text: SurgLine

text: SurgLine

text: Surgline

text: Tom Toland

text: SurgLine

text: SurgLine

text: China Nuvo

text: SurgLine

text: Henry Fong

text: China Nuvo

text: SurgLine

text: SurgLine, Inc.

text: SurgLine

text: SurgLine

text: China Nuvo Solar Energy, Inc.


text:
EX-99.1
3
candlelitesalerelease.htm
EX-99.1
Candlelite sale release
Exhibit 99.1
FOR IMMEDIATE RELEASE
SYMBOL: LANC
January 30, 2014
TRADED: Nasdaq
LANCASTER COLONY SELLS CANDLE OPERATIONS
COLUMBUS, Ohio, Jan. 30 - Lancaster Colony Corporation (Nasdaq: LANC) announced that, as part of its strategic alternative review of nonfood operations, it has sold effectively all the net operating assets of its candle manufacturing and marketing operations. The buyer, identified through a competitive bidding process, is an affiliate of Centre Lane Partners, LLC, a New York private investment firm focused on making debt and equity investments in North American middle-market companies across a wide breadth of industries.
John B. Gerlach, Jr., chairman and CEO of Lancaster Colony, said, "We are pleased to reach a successful conclusion of the sales process for the candle operations as the divestiture is consistent with our long-term objective to concentrate our future effort and investment in the food sector".
Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice markets.
Forward-Looking Statements
We desire to take advantage of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 (the "PSLRA"). This news release contains various "forward-looking statements" within the meaning of the PSLRA and other applicable securities laws. Such statements can be identified by the use of the forward-looking words "anticipate", "estimate", "project", "believe", "intend", "plan", "expect", "hope" or similar words. These statements discuss future expectations; contain projections regarding future developments, operations or financial conditions; or state other forward-looking information. Such statements are based upon assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, expected future developments; and other factors we believe to be appropriate. These forward-looking statements involve various important risks, uncertainties and other factors, many of which are beyond our control, which could cause our actual results to differ materially from those expressed in the forward-looking statements. Some of the key factors that could cause actual results to differ materially from those expressed in the forward-looking statements include:
.
the uncertainty regarding the extent of post-closing adjustments;
.
the buyer's compliance with its obligations under the transaction documents;
.
the final determination of any tax benefit we may realize from the transactions;
.
the final disposition of any retained liabilities;
MORE...
PAGE 2 -- LANCASTER COLONY SELLS CANDLE OPERATIONS
.
the effect, if any, on relationships with customers who have purchased both food and candle products from us;
.
the outcome of any litigation or arbitration; and
.
risks related to other factors described under "Risk Factors" in other reports and statements filed by us with the Securities and Exchange Commission, including without limitation our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q (available at www.sec.gov).
Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update such forward-looking statements, except as required by law. Management believes these forward-looking statements to be reasonable; however, you should not place undue reliance on such statements that are based on current expectations.
#####
FOR FURTHER INFORMATION:
John L. Boylan, Vice President, Treasurer and CFO, or
Dale N. Ganobsik, Director of Investor Relations
Lancaster Colony Corporation
Phone: 614/224-7141
E-mail: ir@lancastercolony.com

text: LANCASTER COLONY

text: CANDLE OPERATIONS

text: Lancaster Colony Corporation

text: Centre Lane Partners, LLC

text: Lancaster Colony

text: Lancaster Colony Corporation

text: LANCASTER COLONY

text: CANDLE OPERATIONS

text: John L. Boylan

text: Dale N. Ganobsik

text: Lancaster Colony Corporation


text:
EX-99
2
cmw2797a.htm
PRESS RELEASE
MARCUS
THEATRES® COMPLETES ACQUISITION OF ELEVEN
CINEMA ENTERTAINMENT
CORPORATION LOCATIONS
Milwaukee, Wis., April 19, 2007...
..
Marcus Theatres Corporation, a division of The Marcus Corporation (NYSE:MCS),
today announced it has completed the previously disclosed acquisition of selected assets
of Cinema Entertainment Corporation (CEC) theatre circuit based in St. Cloud, Minn., for
approximately $75,650,000 in cash. Marcus Theatres will assume operation of the CEC
theatres effective Friday, April 19, 2007.
Marcus Theatres
®
has
acquired, through a subsidiary, 11 CEC locations with a total of 122 screens in five
Midwestern markets. Theatre locations include: College Square Theatre, Cedar Falls, IA;
Crossroads Theatre, Waterloo, IA; Coral Ridge Theatre, Coral Ridge, IA; Sycamore Theatre,
Iowa City, IA; Century 10 Theatre, Fargo, N.D.; West Acres 14 Theatre, Fargo, N.D.; Safari
7 Discount Theatre, Moorhead, Minn.; Parkwood 18 Theatre, Waite Park, Minn.; Duluth 10
Theatre, Duluth, Minn.; Lakes 10 Theatre, Hermantown, Minn.; and Superior 7 Theatre,
Superior, Wis.
"The addition of the CEC
locations extends our circuit into adjacent Midwestern markets and makes Marcus Theatres
the seventh largest exhibition chain in the U.S. CEC is an excellent theatre operator and
we intend to continue enhancing the outstanding features and amenities for which CEC is
well known", said Bruce J. Olson, president of Marcus Theatres.
"I am confident that Marcus
Theatres will continue to provide CEC customers with the best entertainment experience
possible. Marcus Theatres shares the dedication to our customers and associates that has
been a tradition at CEC for over 50 years", said Bob Ross, chairman and president of
CEC Theatres.
-more-
Page 2
"For more than 70 years, our
company has been a leader in the exhibition industry and has been at the forefront of
innovation", said Olson. He noted that the company's latest innovation in the
movie-going experience is The Majestic, a new flagship theatre currently under
construction in Brookfield, Wis. The Majestic will be a complete entertainment destination
including traditional theatres, two
Ultra
Screens
®
, a
luxury
®
entertainment and event venue for performances and meetings, a
pizza café, a coffee and ice-cream shop and a cocktail lounge. The Majestic is
scheduled to open May 4, 2007.
As of May 4, 2007, Marcus Theatres
will operate 628 screens at 52 locations in six states and will be the seventh largest
exhibition chain in the U.S.
About The Marcus
Corporation
Headquartered in Milwaukee,
Wisconsin, The Marcus Corporation is a leader in the lodging and entertainment industries.
As of May 4, 2007, The Marcus Corporation's movie theatre division, Marcus
Theatres
®
, will currently own or manage 628 screens at 52 locations in
Wisconsin, Illinois, Minnesota, Ohio, North Dakota, Iowa and one family entertainment
center in Wisconsin. The company's lodging division, Marcus Hotels and Resorts, owns
or manages 20 hotels, resorts and other properties in ten states, with one additional
property under development. For more information, visit the company's Web site at
www.marcuscorp.com
.
Certain matters discussed in this
press release are "forward-looking statements" intended to qualify for the safe
harbors from liability established by the Private Securities Litigation Reform Act of
1995. These forward-looking statements may generally be identified as such because the
context of such statements will include words such as we "believe,"
"anticipate", "expect" or words of similar import. Similarly,
statements that describe our future plans, objectives or goals are also forward-looking
statements. Such forward-looking statements are subject to certain risks and uncertainties
that could cause results to differ materially from those expected, including, but not
limited to, the following: (1) the availability, in terms of both quantity and audience
appeal, of motion pictures for our theatre division, as well as other industry dynamics
such as the maintenance of a suitable window between the date such motion pictures are
released in theatres and the date they are released to other distribution channels; (2)
the effects of increasing depreciation expenses and preopening and start-up costs due to
the capital intensive nature of our businesses; (3) the effects of adverse economic
conditions in our markets, particularly with respect to our hotels and resorts division;
(4) the effects of adverse weather conditions, particularly during the winter in the
Midwest and in our other markets; (5) the effects on our occupancy and room rates from the
relative industry supply of available rooms at comparable lodging facilities in our
markets; (6) the effects of competitive conditions in our markets; (7) our ability to
identify properties to acquire, develop and/or manage and continuing availability of funds
for such development; (8) the adverse impact on business and consumer spending on travel,
leisure and entertainment resulting from terrorist attacks in the United States, the
United States' responses thereto and subsequent hostilities; and (9) the successful
integration of the Cinema Entertainment Corporation theatres into our theatre circuit.
Shareholders, potential investors and other readers are urged to consider these factors
carefully in evaluating the forward-looking statements and are cautioned not to place
undue reliance on such forward-looking statements. The forward-looking statements made
herein are made only as of the date of this press release and we undertake no obligation
to publicly update such forward-looking statements to reflect subsequent events or
circumstances.
# # #

text:
MARCUS
THEATRES

text:
CINEMA ENTERTAINMENT
CORPORATION

text: Marcus Theatres Corporation

text: The Marcus Corporation

text: Cinema Entertainment Corporation

text: Marcus Theatres

text: Marcus Theatres

text: Marcus Theatres

text: Bruce J. Olson

text: Marcus Theatres

text:
Marcus
Theatres

text: Marcus Theatres

text: Bob Ross

text: Marcus Theatres

text:
The Marcus
Corporation

text: The Marcus Corporation

text: The Marcus Corporation

text:
Marcus
Theatres

text: Cinema Entertainment Corporation


text:
EX-99.1
2
c51002_ex99-1.htm
c51002_ex99-1.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing
Contact:
Press:
Or
Investor Relations:
Tatyana Yemets
Viewpoint Corporation
Viewpoint Corporation
212-201-0800
212-201-0821
ir@viewpoint.com
tyemets@viewpoint.com
VIEWPOINT COMPLETES ACQUISITION OF SPRINGBOX
NEW YORK, November 2, 2007
-Viewpoint Corporation (NASDAQ: VWPT), a leading Internet Marketing Technology company, today announced that it has completed the acquisition of Springbox, an
Austin-based interactive marketing firm with expertise in digital web marketing and creative solutions.
"We welcome the Springbox team to Viewpoint and look forward to working together to meet the increasing demand for creative web services that we see from our clients", said Patrick Vogt, President and Chief Executive
Officer. "By joining forces we have enhanced our creative capabilities and formed a unique offering that integrates web marketing and rich media advertising solutions. We believe this positions us to capitalize on the competitive changes in the
marketplace and grow our client relationships".
ABOUT VIEWPOINT
Viewpoint is a leading Internet marketing technology company, offering Internet marketing and online advertising solutions through the powerful combination of its proprietary visualization technology and a full range of campaign
management services including TheStudio, Viewpoint's creative services group; Unicast, Viewpoint's online advertising group; and KeySearch, Viewpoint's search engine marketing consulting practice. Viewpoint's technology and services are behind the
online presence of some of the world's most esteemed brands, including AOL, GE, Sony, and Toyota. More information on Viewpoint can be found at www.viewpoint.com.
The company has approximately 140 employees with offices in
New York, NY, Los Angeles, CA, Austin, TX, and London, England.
# # #
FORWARD LOOKING STATEMENTS
This press release contains "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995 and similar expressions that reflect Viewpoint's current expectations about its future
performance. These statements and expressions are subject to risks, uncertainties and other factors that could cause Viewpoint's actual performance to differ materially from those expressed in, or implied by, these statements and expressions. Such
risks, uncertainties and factors include those described in Viewpoint's filings and reports on file with the Securities and Exchange Commission.
Copyright © 2007 Viewpoint Corporation. All Rights Reserved. Viewpoint, Unicast, Springbox, TheStudio by Viewpoint and KeySearch are trademarks or registered trademarks of Viewpoint Corporation.

text: Viewpoint Corporation

text: Viewpoint Corporation

text: VIEWPOINT

text: SPRINGBOX

text: Viewpoint Corporation

text: Springbox

text: Springbox

text: Viewpoint

text: Patrick Vogt

text: VIEWPOINT

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint

text: Viewpoint Corporation

text: Viewpoint

text: Springbox

text: Viewpoint

text: Viewpoint Corporation


text:
EX-99.1
2
a5975962-ex991.htm
EXHIBIT 99.1
Exhibit 99.1
NIC
Acquires Current State of Texas eGovernment Contract from BearingPoint
OLATHE, Kan.--(BUSINESS WIRE)--May 29, 2009--NIC Inc. (NASDAQ: EGOV)
today announced it has acquired an eGovernment contract in the state of
Texas from BearingPoint, Inc., which includes the current TexasOnline
portal management engagement through December 31, 2009.
The contract acquired from BearingPoint, Inc. is separate from the
active procurement for the rebid of the TexasOnline portal contract. The
state of Texas issued a Request for Offers ("RFO") for its official
state portal in October 2008, and the new contract is scheduled to begin
on January 1, 2010. While NIC has submitted a proposal in response to
that RFO, it is NIC's policy not to comment on the status of such a
procurement process until a final contract award has been made and the
winning contractor has been announced by the applicable state.
Deloitte LLP, which had agreed to acquire substantially all of the
assets of BearingPoint's North American Public Services business out of
bankruptcy, designated NIC as the acquirer from BearingPoint, Inc. of
the remainder of the current TexasOnline portal management contract and
projects which operate under a related Master Work Order.
"We are pleased to provide the state of Texas with the portal management
expertise necessary to maintain stability during this period of
transition", said Harry Herington, Chairman of the Board and Chief
Executive Officer of NIC. "Being the nation's leading eGovernment portal
company, NIC is uniquely qualified to provide assistance while the state
proceeds with the TexasOnline 2.0 procurement".
The transaction closed today. Operating under the Austin-based Texas
NICUSA, LLC subsidiary, NIC will become the prime contractor for the
current TexasOnline portal management contract and Master Work Order
beginning May 30. In addition, NIC has contracted with Deloitte
Consulting LLP to operate certain of the Master Work Order projects as a
subcontractor.
"Providing superior customer service is a guiding principle of our
business. We will continue to work diligently with the state and current
TexasOnline employees to ensure a seamless transition with no
interruption to those who use the official state portal or any of the
Master Work Order solutions", concluded Herington.
Withdrawal of Previous Guidance for 2009
NIC had previously issued guidance regarding the financial results
expected for full year 2009, which did not include any new portal
contracts. As a result of the acquisition of the current TexasOnline
portal management contract and Master Work Order, the Company believes
that the previously-issued guidance is no longer operative and cautions
investors to no longer rely upon such guidance. The Company intends to
issue new guidance for 2009 after it determines the reasonably likely
financial effects of the new contract.
About NIC
NIC is the nation's leading provider of official government portals,
online services, and secure payment processing solutions. The company's
innovative eGovernment services help reduce costs and increase
efficiencies for government agencies, citizens, and businesses across
the country. NIC provides eGovernment solutions for more than 3,000
federal, state, and local agencies that serve 95 million people in the
United States. Additional information is available at
http://www.nicusa.com
.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995
Any statements contained in this release that do not relate to
historical or current facts constitute forward-looking statements. These
statements include NIC's financial guidance for the current fiscal year
and statements regarding continued implementation of NIC's business
model and its development of new products and services. Forward-looking
statements are subject to inherent risks and uncertainties and there can
be no assurance that such statements will prove to be correct. There are
a number of important factors that could cause actual results to differ
materially from those suggested or indicated by such forward-looking
statements. These include, among others, the success of the Company in
signing contracts with new states and government agencies, including
continued favorable government legislation; NIC's ability to develop new
services; existing states and agencies adopting those new services;
acceptance of eGovernment services by businesses and citizens;
competition; and general economic conditions (including the recent
worsening in such conditions) and the other important cautionary
statements and risk factors described in NIC's 2008 Annual Report on
Form 10-K filed on March 13, 2009, with the Securities and Exchange
Commission (SEC), and NIC's Quarterly Report on Form 10-Q for the
quarter ended March 31, 2009, filed with the SEC on May 5, 2009. NIC
does not intend to update these forward-looking statements and
undertakes no duty to any person to provide any such update under any
circumstances.
CONTACT:
NIC Inc.
Nancy Beaton, 913-754-7054
nbeaton@nicusa.com

text: NIC

text: BearingPoint

text: NIC Inc.

text: BearingPoint, Inc.

text: BearingPoint, Inc.

text: NIC

text: NIC

text: BearingPoint

text: NIC

text: BearingPoint, Inc.

text: Harry Herington

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC

text: NIC Inc.


text:
EX-99.1
3
ea143398ex99-1_andina.htm
PRESS RELEASE ISSUED ON JUNE 28, 2021
Exhibit 99.1
Andina Gold Corp. Announces CryoCann
USA Corp Asset Acquisition
NEWS PROVIDED BY
Andina Gold Corp.
☐
Jun 28, 2021, 08:25 ET
DENVER, June 28, 2021 /PRNewswire/ --
Andina
Gold Corp.
(the "
Company
") today announced
the Company's acquisition of the assets of CryoCann USA Corp;
CryoCann Asset Acquisition
Following the execution of a non-binding letter of intent
on February 25 of this year, the Company undertook a due diligence review of a proposed transaction with CryoCann USA Corp ("CryoCann").
The Company's management is pleased to announce the completion of that review and the signing of an Asset Purchase Agreement with CryoCann
as contemplated in the letter of intent. Under the Asset Purchase Agreement, the Company, through its wholly owned subsidiary, will acquire
substantially all of CryoCann's intellectual property and other assets.
The intellectual property includes a patented process
for gathering target materials from hemp and cannabis plants. CryoCann technology (represented by the patented process and related machinery)
is designed to (i) protect and conserve all naturally present cannabinoids, flavonoids and terpenes during processing, (ii) capture the
materials in their naturally occurring proportions, (iii) exclude heavy metals, pesticides and other contaminants, (iv) reduce the cost
of harvesting and handling plants and (v) support faster and less costly processing of the captured materials into other final products.
The high purity material produced with CryoCann technology can itself be a consumer-ready end product and can also be converted into
other forms of cannabis and hemp extracts. Moreover, the material's stability allows storage at room temperature for extended periods.
CryoCann technology may be commercially useful for
handling other fragile plant materials with biopharmaceutical and specialty food applications.
The Company will pay a total consideration of $3,500,000
in cash and 10,000,000 shares of common stock in the Company. Concurrently with the signing of the Asset Purchase Agreement, two CryoCann
principals, Steve Cimini and Matt Armstrong (who is the inventor of the acquired technology), joined the Company as Director of Sales
and Director of Innovation, respectively.
Following the completion of the Asset Purchase Agreement,
the Company's Chairman of the Board, Dr. Delon Human, remarked:
It is clear that the Covid pandemic has affected all business
sectors. Despite this reality, our Company has diligently been conserving its resources, whilst investigating opportunities for exponential
business growth. We are now excited to announce the opportunity to exploit a powerful, new, proprietary technology that may prove to
be a disruptive innovation in the cannabis, hemp and biopharmaceutical industries.
On April 1
st
, 2021, to leverage this opportunity,
the Company hired Christian Noël as its Chief Executive Officer. Christian brings the Company the benefit of seven years of experience
as a partner in a Montreal-based wealth management firm where he focused on the financial structure of the emerging legal cannabis industry.
In addition, his deep understanding of the sector and close-up exposure to the practical business needs of cannabis and hemp processors,
should serve the Company very well.
Speaking of his own experience, CEO Christian Noël
added "I've done a sharp-pencil financial analysis of nearly every one of the world's most prominent public and private cannabis
and hemp companies. I believe that the enhancement of quality and the significant savings in costs offered by CryoCann technology have
the power to turn the cannabis and hemp industry upside down".
For additional information, please contact the Company
by email at investors@andinagold.com or by telephone at +1 303 222 8092.
The Company's common stock trades on the OTCQB® Venture
Market with the ticker symbol AGOL.
This press release is not an offer of securities, or
a solicitation for purchase, subscription or sale of securities in the United States of America or in any other jurisdiction in which
it would be unlawful to do so.
Forward-looking Statements
This press release may contain forward-looking statements
within the meaning of the United States Private Securities Litigation Reform Act of 1995 that involve known and unknown risks, uncertainties
and other factors, including risk factors identified in the Company's SEC filings, and which may cause the actual results, performance
or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by
the forward-looking statements. Risks and uncertainties include, without limitation, changes in the regulatory environment affecting
the sale and use of cannabis or hemp products and of other, potential lines of businesses that the Company will consider entering at
a given time, demand for the Company's products, internal funding and the financial condition of the Company, product roll-out, competition,
our dependence upon our commercial partners, variations in the global commodities markets and other commercial matters involving the
Company, its products and the markets in which the Company operates or seeks to enter, as well as general economic conditions. The forward-looking
statements in this press release are made only as of the date hereof, and unless otherwise required by applicable securities laws, 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.
Caution Regarding Cannabis Operations in the United
States
Investors should note
that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Marijuana, as
defined in the U.S. Controlled Substances Act, remains a Schedule I drug under the respective act, making it illegal under federal
law in the U.S. to, among other things, cultivate, distribute or possess cannabis. Financial transactions involving proceeds
generated by, or intended to promote, cannabis- related business activities in the U.S. may form the basis for prosecution under
applicable U.S. federal money laundering legislation. Please carefully review the Company's SEC filings with respect to related risk
factors.
SOURCE Andina Gold Corp.
Related Links
redwoodgreencorp.com

text: Andina Gold Corp.

text:
CryoCann
USA Corp

text: Andina Gold Corp.

text:
Andina
Gold Corp.

text: CryoCann USA Corp

text: CryoCann USA Corp

text: Delon Human

text: Andina Gold Corp.


text:
EX-99.1
2
v351700_ex99-1.htm
EX-99.1
FOR IMMEDIATE RELEASE
American Realty Capital Trust IV Acquires
567 Properties in July For $897.1 Million
ARCT IV's Portfolio Now Comprises
1,152 Properties Purchased for $2.0 Billion
July Acquisitions Further Diversify Portfolio
New York, New York, August 1, 2013
- American Realty
Capital Trust IV, Inc. ("ARCT IV" or the "Company") announced today that it has closed on the acquisition
of 567 properties in July for a purchase price of $897.1 million. The Company's July acquisitions include 536 primarily net
lease retail properties purchased on July 31, 2013, as part of a previously announced portfolio acquisition from certain affiliates
of GE Capital. The GE Capital portfolio is part of the former publicly traded Trustreet Properties, Inc. portfolio. Following this
closing, ARCT IV has acquired 913 properties from this GE Capital transaction for a contract purchase price of $1.35 billion; it
expects to purchase the remaining 42 properties in two additional closings. ARCT IV's July acquisitions included the following
investment grade and credit tenants: Kentucky Fried Chicken; Wendy's; CVS; Dollar General; Family Dollar; Mattress Firm;
Walgreens; Rite Aid; SunTrust; and Pizza Hut.
With July's acquisitions, the Company's portfolio
now comprises 1,152 properties purchased for $2.0 billion. The remainder of ARCT IV's acquisitions will be made using existing
proceeds from its equity raise and low cost debt available to the Company from its previously announced credit facility, as necessary.
Nicholas S. Schorsch, Chief Executive Officer and Chairman of
ARCT IV, commented, "We continue to be able to buy well-located properties anchored by strong credits and national brands
at prices that are accretive to our earnings. The acquisition environment is tangibly favorable and our cost of capital remains
very attractive. This mix of investment grade and credit tenants succeeds in demonstrating our ability to buy both large scale
portfolios and to make granular acquisitions. We expect to use a mix of cash on hand and low-cost financing to complete our expected
portfolio purchases".
About the Company
ARCT IV is a publicly registered, non-traded
real estate investment trust ("REIT") that qualified as a REIT for tax purposes for the taxable year ended December
31, 2012. Additional information about ARCT IV can be found on its website at
www.arct-4.com
.
Important Notice
The statements in this press release that
are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that
could cause the outcome to be materially different. In addition, words such as "anticipate", "believe,"
"expect" and "intend" indicate a forward-looking statement, although not all forward-looking statements
include these words.
Contacts
From: Anthony J. DeFazio
For: Brian S. Block, EVP & CFO
DDCWorks
American Realty Capital Trust IV, Inc.
tdefazio@ddcworks.com
bblock@arlcap.com
Ph: (484-342-3600)
Ph: (212-415-6500)

text: American Realty Capital Trust IV

text: ARCT IV

text:
American Realty
Capital Trust IV, Inc.

text: ARCT IV

text: ARCT IV

text: ARCT IV

text: ARCT IV

text: Nicholas S. Schorsch

text: ARCT IV

text: ARCT IV

text: ARCT IV

text: American Realty Capital Trust IV, Inc.


text:
EX-99.1
2
d447874dex991.htm
PRESS RELEASE
Press Release
Exhibit 99.1
NEWS RELEASE
Editorial Contacts:
Yvette Huygen
Synopsys, Inc.
650-584-4547
yvetteh@synopsys.com
Investor Contacts:
Lisa Ewbank
Synopsys, Inc.
650-584-1901
Synopsys Completes Acquisition of SpringSoft
MOUNTAIN VIEW, Calif., December 2, 2012
-
Synopsys, Inc. (Nasdaq:SNPS), a global leader providing software, IP and services used to accelerate innovation in chips and electronic systems, has completed the acquisition of SpringSoft (TAIEX:2473), a global supplier of specialized IC design
software headquartered in Hsinchu, Taiwan, through a follow-on merger to acquire all of the remaining outstanding shares of SpringSoft. Previously, on October 1, 2012, Synopsys completed a tender offer for approximately 91.64 percent of
SpringSoft's outstanding Shares. As of November 30, 2012, Synopsys is the 100 percent owner of SpringSoft and SpringSoft stock is no longer trading.
The acquisition increases Synopsys' investment in Taiwan by growing local engineering expertise, technology development capabilities and customer support. The combination of SpringSoft's and
Synopsys' technology portfolios will help accelerate delivery of a unified, powerful system-on-chip (SoC) debug platform, and a higher level of automation in custom implementation tools to customers.
Synopsys, through its Taiwan subsidiary, acquired all of the outstanding shares of SpringSoft for NT$57.00 (approximately US$1.95) per SpringSoft share in cash.
The final gross transaction value was approximately US$417 million (NT$12.5 billion), or approximately US$320 million (NT$9.6 billion) net of cash acquired.
About Synopsys
Synopsys, Inc. (Nasdaq:SNPS) accelerates innovation in the global electronics market. As a leader in electronic design automation (EDA) and semiconductor IP, its
software, IP and services help engineers address their design, verification, system and manufacturing challenges. Since 1986, engineers around the world have been using Synopsys technology to design and create billions of chips and systems. Learn
more at www.synopsys.com.
###
Safe
Harbor Statement/Forward-looking Statements
This press release contains forward-looking statements, including statements regarding the expected
benefits of the acquisition of SpringSoft. Forward-looking statements are subject to both known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the forward-looking statements,
and that are outside Synopsys' control. These risks and uncertainties include our ability to operate or integrate SpringSoft's business and technologies with our own successfully. Other risks and uncertainties that may apply are set forth
in the Risk Factors section of Synopsys' most recently filed Quarterly Report on Form 10-Q. Synopsys assumes no obligation to update any forward-looking statement contained in this press release.

text: Synopsys, Inc.

text: Synopsys, Inc.

text: Synopsys

text: SpringSoft

text: Synopsys, Inc.

text: SpringSoft

text: SpringSoft

text: Synopsys

text: SpringSoft

text: Synopsys

text: SpringSoft

text: SpringSoft

text: Synopsys

text: SpringSoft

text: Synopsys

text: Synopsys

text: SpringSoft

text: SpringSoft

text: Synopsys

text: Synopsys, Inc.

text: Synopsys

text: SpringSoft

text: Synopsys

text: SpringSoft

text: Synopsys

text: Synopsys


text:
EX-99.1
2
ex_316528.htm
EXHIBIT 99.1
ex_316528.htm
Exhibit 99.1
For Immediate Release
Media Contacts
Karen S. Konecny
(830) 302-5210
konecnyk@rushenterprises.com
Allison Teska, MBA
(830) 302-5243
teskaa@rushenterprises.com
Rush Enterprises Acquires Certain Assets of Summit Truck Group
San Antonio, TX, December 14, 2021 -Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, has acquired certain assets of Summit Truck Group, one of the largest International brand commercial vehicle dealership groups in the United States.
The acquisition, which is the largest acquisition in the Company's history, expands the Company's network of Rush Truck Centers to 125 franchised dealership locations in 22 states. The sixteen newly acquired International brand commercial vehicle dealerships include five locations in Arkansas, three locations in Kansas, seven locations in Missouri and one location in Tennessee. The acquisition also includes Idealease commercial vehicle leasing operations at eight locations, five within the acquired International dealership locations and three in stand-alone Idealease facilities, a used truck sales facility in Kansas City and a collision center in Memphis. IC Bus, Isuzu and Dennis Eagle franchises are included at certain dealership locations. The Company also acquired Summit Truck Group's dealership facility in Wichita Falls, Texas, which the Company will operate as a full-service Peterbilt commercial vehicle dealership.
"This acquisition will strengthen our dealership network in several of the most important trucking markets in the United States", said W. M. "Rusty" Rush, Chairman, CEO and President of Rush Enterprises, Inc. "I am especially thankful to the employees of Summit Truck Group and Rush Enterprises who have worked tirelessly over the last few months to complete this transaction. We could not have completed this acquisition without a lot of work from the great teams at both companies. I have tremendous respect for the excellent customer service reputation that the employees of Summit Truck Group have built over the years, and we are excited to welcome many of them into the Rush Enterprises family", Rush added.
Rush Enterprises had revenues of $ 4.7 billion in 2020, while the operations associated with the assets acquired from Summit Truck Group had unaudited revenues of approximately $450 million in 2020. The purchase price for the assets of Summit Truck Group was approximately $205 million, excluding the real property associated with the transaction. The Company will finance approximately $102 million of the purchase price under its floor plan and lease and rental truck financing arrangements. The Company purchased certain real estate owned by affiliates of Summit Truck Group for approximately $56 million. The Company expects the transaction to be immediately accretive to cash flow and earnings.
About Rush Enterprises, Inc.
Rush Enterprises, Inc. is the premier solutions provider to the commercial vehicle industry. The Company owns and operates Rush Truck Centers, the largest network of commercial vehicle dealerships in North America, with 139 locations in 23 states, including 125 franchised dealership locations. These vehicle centers, strategically located in high traffic areas on or near major highways throughout the United States, represent truck and bus manufacturers, including Peterbilt, International, Hino, Isuzu, Ford, IC Bus and Blue Bird. They offer an integrated approach to meeting customer needs - from sales of new and used vehicles to aftermarket parts, service and body shop operations plus financing, insurance, leasing and rental. Rush Enterprises' operations also provide CNG fuel systems, telematics products and other vehicle technologies, as well as vehicle up-fitting, chrome accessories and tires. For more information, please visit us at www.rushtruckcenters.com, www.rushenterprises.com and www.rushtruckcentersracing.com, on Twitter @rushtruckcenter and Facebook.com/rushtruckcenters.
Forward-Looking Statements
Certain statements contained herein, including those concerning the acquisition of Summit Truck Group's impact on the Company's cash flow and earnings are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, difficulty in integrating the operations of Summit Truck Group's assets into the Company in an efficient and effective manner, competitive factors, general U.S. economic conditions, economic conditions in the new and used commercial vehicle markets, customer relations, relationships with vendors, product introductions and acceptance, one-time events and other factors described herein and in filings made by the Company with the Securities and Exchange Commission.
# # #
2

text: Rush Enterprises

text: Summit Truck Group

text: Rush Enterprises, Inc.

text: Summit Truck Group

text: Summit Truck Group

text: Rush Enterprises, Inc.

text: Summit Truck Group

text: Rush Enterprises

text: Summit Truck Group

text: Rush Enterprises

text: Rush Enterprises

text: Summit Truck Group

text: Summit Truck Group

text: Summit Truck Group

text: Rush Enterprises, Inc.

text: Rush Enterprises, Inc.

text: Rush Enterprises

text: Summit Truck Group

text: Summit Truck Group


text:
EX-99.1
22
ea148769ex99-1_appgate.htm
PRESS RELEASE DATED OCTOBER 12, 2021
Exhibit 99.1
APPGATE, A LEADING CYBERSECURITY COMPANY FOUNDED
ON ZERO TRUST
PRINCIPLES, CLOSES MERGER WITH NEWTOWN LANE MARKETING
Combined Company to Trade on OTC Bulletin
Board with Intention to Uplist to NYSE or Nasdaq in Q1 2022
Symbol: NTWN
MIAMI, FL and NEW YORK, NY
-
October 13, 2021
-
Appgate
, Inc.
("Appgate" or the "Company"), the secure access company, today announced it successfully
completed its merger with Newtown Lane Marketing, Incorporated (OTC BB: NTWN) ("Newtown") on October 12, 2021. Upon closing
of the merger, Newtown changed its name to Appgate, Inc., and the Company's common stock is now quoted on the OTC Bulletin Board
under the symbol "NTWN". Appgate intends to have its symbol changed to "APGT" as soon as possible following completion
of the merger. Appgate intends to seek to uplist to Nasdaq or the New York Stock Exchange as soon as possible following satisfaction of
applicable listing requirements, which is expected to occur during the first quarter of 2022.
Appgate also announced that Magnetar Financial LLC ("Magnetar")
made an investment of $25 million in convertible notes, which is in addition to Magnetar's investment in February 2021 of $50 million
in convertible notes. Magnetar's total investment implies a $1 billion post-money valuation.
"We're thrilled to begin this new chapter for Appgate and
believe we are positioned for tremendous growth as a leader in Zero Trust security", said Barry Field, Appgate's CEO. "The
legacy methods of security, such as VPNs and firewalls, are no longer effective in keeping companies and networks secure. Today's
threat landscape is forcing executives to rethink how they secure their businesses, their data and their users. Grounded in the principles
of Zero Trust, Appgate's industry-recognized solutions are replacing outdated, easily compromised traditional network security.
Appgate is a partner of choice for enterprises, financial institutions and federal customers seeking to adopt a Zero Trust strategy and
take actions designed to prevent today's catastrophic attacks".
Serving over 600 customers, Appgate enables rapid, effective and scalable
Zero Trust cybersecurity for private enterprises, financial institutions and government entities. Its secure access solutions include
software-defined perimeter (SDP), risk-based authentication and digital threat protection, as well as threat advisory services. Appgate
offers best-in-class security solutions, being named a Leader in
The Forrester New Wave™ Zero Trust Network Access, Q3 2021
and The Forrester Wave™ Zero Trust eXtended Ecosystem, Q3 2020. Appgate's software-defined perimeter solution, Appgate SDP,
is also recognized as a top performer by customers, receiving 4.7 out of 5 stars from customer reviews on
Gartner Peer Insights
.
"We believe that Appgate is disrupting the cybersecurity industry
and we are excited to complete the merger to bring the Company to the public markets", said Jon Ledecky, former President and controlling
shareholder of Newtown. "Despite billions of dollars of investments in cybersecurity tools and technologies, breaches are more prevalent
and costlier than ever. Newtown spent years searching for businesses that were truly innovative with a unique technology that could solve
problems on a mass scale. We found an exceptional partner in Appgate, which is led by a world-class management team, including an incredibly
successful and innovative technology entrepreneur in Manny Medina and backed by premier global investment firm and strategic partner,
BC Partners".
"There is a heightened sense of urgency for organizations to
modernize their security with a Zero Trust strategy given recent recommendations from the U.S. federal government and high-profile breaches
of critical infrastructure and the supply chain", said Manuel D. Medina, Appgate's Executive Chairman and Founder of Medina
Capital. "Today's announcement is the next step in Appgate's evolution in its effort to become the go-to provider of
Zero Trust solutions. As a public company, we believe that we can fuel our growth and innovation plans and provide organizations with
the best-of-breed options for securing their environments".
"We have been long-time supporters of Appgate and its world-class
management team and we are excited to retain our entire ownership interest in the Company following the Merger", said Fahim Ahmed,
Appgate director and Partner and Chief Administrative Officer at BC Partners. "We believe that Appgate is poised to be the winner
in the burgeoning Zero Trust cybersecurity landscape and this transaction is intended to accelerate the Company's efforts to help
organizations protect themselves from today's rapidly changing threat environment".
Additional information about the merger and Magnetar funding will be
available in a Current Report on Form 8-K to be filed by Appgate with the Securities and Exchange Commission and which will be available
at www.sec.gov.
Advisors
DBO Partners LLC acted as financial advisor
to Appgate and Canaccord Genuity acted as financial advisor to Newtown.
Greenberg Traurig, LLP acted as legal counsel
to Appgate and Graubard Miller acted as legal counsel to Newtown.
About Appgate
Appgate is the secure access company that provides cybersecurity solutions
for people, devices and systems based on the principles of Zero Trust security. Appgate updates IT systems to combat the cyber threats
of today and tomorrow. Through a set of differentiated cloud and hybrid security products, Appgate enables enterprises to easily and effectively
shield against cyber threats. Appgate protects more than 600 organizations across government and business. Learn more at appgate.com.
2
Forward Looking Statements
This press release contains certain forward-looking
statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act
of 1933, as amended. Statements that do not relate strictly to historical or current facts are forward-looking and can be identified by
the use of words such as "anticipate", "estimate", "could", "would", "should,"
"will", "may", "forecast", "approximate", "expect", "project,"
"seek", "predict", "potential", "intend", "plan", "believe", the
negatives of such terms and other words of similar meaning. Without limiting the generality of the foregoing, forward-looking statements
contained in this press release include statements regarding the Company's future plans, including the potential listing of its
common stock on a national securities exchange, Appgate's ability to replace traditional network security solutions, growth plans
and similar matters.
The forward-looking statements included in this press release involve
risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not
place undue reliance on forward-looking statements as a prediction of actual results. Appgate has based these forward-looking statements
on current expectations and assumptions about future events, taking into account all information currently known by Appgate. While Appgate
considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive,
regulatory and other risks and uncertainties, many of which are difficult to predict and beyond our control. These risks and uncertainties
include, but are not limited to, our ability to achieve and maintain future profitability; the effects of increased competition in our
markets and our ability to compete effectively; market acceptance of our products and services and our ability to increase adoption of
our products; our ability to maintain the security and availability of our products; our ability to develop new products, or enhancements
to our existing products, and bring them to market in a timely manner; our ability to maintain and expand our customer base, including
by attracting new customers; the risk that we may never be accepted for a listing on a national securities exchange, and other risks set
forth under the heading "Risk Factors" in the Company's filings with the SEC. Forward-looking statements speak only
as of the date on which such statements are made, and Appgate does not intend to update any forward-looking statement, whether as a result
of new information, future events or otherwise, except as required by law.
Contacts:
For Media:
Nathaniel Garnick/Alex Jeffrey
Gasthalter & Co.
(212) 257-4170
appgate@gasthalter.com
For Investors:
ICR, Inc.
AppgateIR@icrinc.com
3

text: APPGATE

text: NEWTOWN LANE MARKETING

text:
Appgate
, Inc.

text: Appgate

text: Newtown Lane Marketing, Incorporated

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: BC Partners

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: BC Partners

text: Appgate

text: Appgate

text: DBO Partners LLC

text: Appgate

text: Canaccord Genuity

text: Greenberg Traurig, LLP

text: Appgate

text: Graubard Miller

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate

text: Appgate