text:
EX-99.3
7
v192436_ex99-3.htm
Exhibit
99.3
Web.com
Announces Completion of Register.com Acquisition
JACKSONVILLE, FL - August 2, 2010 -
Web.com Group, Inc. (NASDAQ: WWWW), a leading provider of
online marketing for small businesses, today announced it completed the
previously-announced acquisition of Register.com, a leading provider of global
domain name registration and complementary website design and management
services, on July 30, 2010.
In
accordance with the terms of the acquisition agreement, as announced on June 17,
2010, Web.com acquired privately-held Register.com for $135 million, which was
comprised of $25 million in cash and $110 million in long term
debt.
David
Brown, President and CEO of Web.com, stated, "The acquisition of Register.com is
a transformative event for Web.com and creates one of the largest online
marketing and web services companies serving small businesses. We
believe the potential to realize over $10 million in annualized cost savings and
more than double the company's adjusted EBITDA, coupled with the rapid pay down
of debt associated with the acquisition, will enable Web.com to deliver a
significant increase in shareholder value over the next 12 to 18
months."
Brown
added, "In addition to the strong cash flow that we expect as a result of the
Register.com acquisition, we are equally excited about our combined
organization's increased scale from a revenue and resources
perspective. Our combined company has a non-GAAP revenue run rate of
approximately $180 million and we immediately have far greater capacity to
invest in sales and marketing programs targeted at restoring and accelerating
revenue growth. In addition, we expect to continue ramping
investments in these areas during 2011 as we increasingly realize cost synergies
related to streamlining our combined organization. With over 1
million subscribers, an expanded value proposition and broad cross-sell and
up-sell opportunities, we are very optimistic about our combined company's
long-term potential".
The
company will discuss the Register.com acquisition in more detail, including
financing terms and the combined company's outlook, on its upcoming second
quarter 2010 earnings call and webcast, scheduled for August 3,
2010.
About
Web.com
Web.com
Group, Inc. (Nasdaq: WWWW) is a leading provider of online marketing for small
businesses. Web.com meets the needs of small businesses anywhere along their
lifecycle by offering a full range of online services and support, including
domain name registration services, website design, logo design, search engine
optimization, search engine marketing and local sales leads, general contractor
leads, franchise and homeowner association websites, shopping cart
software, eCommerce web site design and call center services. For
more information on the company, please visit http://www.web.com/ or call
1-800-GETSITE.
Note
to Editors: Web.com is a registered trademark of Web.com Group,
Inc.
Forward-Looking
Statements
This
press release includes certain "forward-looking statements" including, without
limitation, statements regarding the anticipated reach, capabilities and
opportunities for the combined company following the Register.com acquisition,
expected benefits to merchants and other customers, market opportunities, and
expected customer base, that are subject to risks, uncertainties and other
factors that could cause actual results or outcomes to differ materially from
those contemplated by the forward-looking statements. These
forward-looking statements include, but are not limited to, plans, objectives,
expectations and intentions and other statements contained in this presentation
that are not historical facts. These statements are sometimes identified
by words such as "believe", "will", "expect", "opportunities", or words of
similar meaning. As a result of the ultimate outcome of such risks and
uncertainties, Web.com's actual results could differ materially from those
anticipated in these forward-looking statements. These statements are
based on Web.com's current beliefs or expectations, and there are a number of
important factors that could cause the actual results or outcomes to differ
materially from those indicated by these forward-looking statements, including,
without limitation, whether the proposed acquisition is ultimately consummated,
the ability to integrate Web.com and Register.com's businesses, disruption from
the transaction making it more difficult to maintain relationships with
customers, employees or suppliers; risks related to the successful offering of
the combined company's products and services; the risk that the anticipated
benefits of the acquisition may not be realized; and other risks that may impact
Web.com's and Register.com's businesses. Other risk factors are set forth
under the caption, "Risk Factors", in Web.com's Quarterly Report on Form 10-Q
for the quarter ended March 31, 2010, as filed with the Securities and Exchange
Commission, which is available on a website maintained by the Securities and
Exchange Commission at www.sec.gov. Web.com and Register.com
expressly disclaims any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained herein as a
result of new information, future events or otherwise.
Contacts:
Press
Roseann
Duran
Web.com
904-680-6976
rduran@web.com
Investors
Kori
Doherty
ICR for
Web.com
617-956-6730
kori.doherty@icrinc.com
Source:
Web.com

text: Web.com

text: Register.com

text: Web.com Group, Inc.

text: Register.com

text: Web.com

text: Register.com

text:
David
Brown

text: Web.com

text: Register.com

text: Web.com

text: Web.com

text: Register.com

text: Register.com

text: Web.com

text:
Web.com
Group, Inc.

text: Web.com

text: Web.com

text:
Web.com Group,
Inc.

text: Register.com

text: Web.com

text: Web.com

text: Web.com

text: Register.com

text: Web.com

text: Register.com

text: Web.com

text: Web.com

text: Register.com

text: Web.com

text: Web.com

text: Web.com


dataset: buster

text:
EX-99.1
14
a09-34217_1ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
November 20, 2009
Contact:
Cloud
Peak Energy Inc.
Karla
Kimrey
Vice
President, Investor Relations
303-713-5000
Cloud Peak Energy Announces
Pricing of Its Initial Public Offering
Gillette,
WY, November 20, 2009 - Cloud Peak Energy Inc. (NYSE:CLD) announced today
the pricing of its initial public offering of 30,600,000 shares of its common
stock at a price of $15.00 per share.
The shares will begin trading on Friday, November 20, 2009, on the
New York Stock Exchange under the ticker symbol, "CLD." In addition, the underwriters have the option
to purchase up to an additional 4,590,000 shares to cover over-allotments, if
any. Cloud Peak will not retain the
proceeds of the offering.
Credit
Suisse Securities (USA) LLC, Morgan Stanley & Co. Incorporated and RBC
Capital Markets Corporation are acting as joint book-running managers for the
offering.
The
offering of these securities will be made only by means of a prospectus, copies
of which may be obtained from Credit Suisse Securities (USA) LLC at One Madison
Avenue 1B, New York, New York 10010, Attention:
Prospectus Department or by calling (800) 221-1037, Morgan Stanley &
Co. Incorporated at 180 Varick Street, 2nd Floor, New York, New York 10014,
Attention: Prospectus Department or by calling (866) 718 1649 or my emailing:
prospectus@morganstanley.com or RBC Capital Markets Corporation at Three World
Financial Center, 200 Vesey Street, 8th Floor, New York, NY 10281-8098,
Attention: Equity Syndicate or by calling (212) 428-6670.
A
registration statement relating to these securities has been declared effective
by the Securities and Exchange Commission.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer, solicitation or
sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
About
Cloud Peak Energy
Cloud
Peak Energy (NYSE:CLD) is headquartered in Wyoming and is the third largest
coal producer in the United States. As
one of the safest coal producers in the nation, Cloud Peak Energy Inc.
specializes in the production of low sulfur, sub-bituminous coal. The company owns and operates three surface
coal mines in the Powder River Basin, the lowest cost coal producing region in
the nation among major coal producing regions.
The Antelope Mine and Cordero Rojo Mine are located in Wyoming and the
Spring Creek Mine is located near Decker, Montana.
###
505
South Gillette Avenue · PO Box 3009 · Gillette, WY 82717-3009
Phone:
(307) 687-6000 · Fax: (307)
687-6015

label: organization

text:
Cloud
Peak Energy Inc.

label: person

text:
Karla
Kimrey

text: Cloud Peak Energy Inc.

text:
Credit
Suisse Securities (USA) LLC

text: Morgan Stanley & Co. Incorporated

text:
RBC
Capital Markets Corporation

override: organization

text: Credit Suisse Securities (USA) LLC

text:
Morgan Stanley &
Co. Incorporated

text: RBC Capital Markets Corporation

text: Cloud Peak Energy 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
2
exhibit991-neustarpressrel.htm
EX-99.1
Document
Exhibit 99.1
News Release
FOR IMMEDIATE RELEASE
TransUnion and Neustar Announce Transaction Close
TransUnion's Largest Acquisition to Date Will Accelerate Growth of Identity-Based Solutions
Chicago and Reston, Va. - December 1, 2021 - TransUnion (NYSE: TRU) and Neustar Inc. ("Neustar"), today announced that TransUnion has completed its $3.1 billion acquisition of Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.
Neustar, a premier identity resolution company with leading solutions in Marketing, Fraud and Communications, enables customers to build connected consumer experiences by combining decision analytics with real-time identity resolution services driven by its OneID™ platform. Like TransUnion, Neustar has built its brand and reputation on fostering trusted connections between consumers and businesses to help them transact with greater confidence.
"We look forward to beginning a smooth integration of the two businesses", said Chris Cartwright, President and CEO, TransUnion. "As digital commerce continues to grow globally, we're confident that TransUnion's powerful digital identity assets, augmented by Neustar's distinctive talent, data, digital resolution capabilities, and products and services will extend trust among consumers and businesses and enhance our position as a global information and insights company".
"This is an exciting milestone for Neustar", commented Charlie Gottdiener, President and CEO, Neustar. "Solutions that facilitate global commerce by enabling secure online transactions are in great demand in today's growing digital economy. The combination of TransUnion's powerful digital identity assets and Neustar's distinctive data and identity resolution capabilities presents enormous opportunities ahead".
Neustar's security business, Neustar Security Services, is excluded from the transaction and now operates as a standalone portfolio company of Golden Gate Capital and GIC.
Deutsche Bank acted as lead M&A advisor to TransUnion. Deutsche Bank Securities Inc. also acted as lead financing arranger along with Bank of America, N.A., Capital One, N.A. and RBC Capital Markets who acted as joint arrangers for TransUnion. Simpson Thacher & Bartlett LLP served as legal advisor to TransUnion.
Evercore served as lead financial advisor to Golden Gate Capital and GIC. JP Morgan also served as a financial advisor, and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal advisor. Sidley Austin served as legal advisor to GIC.
About TransUnion (NYSE: TRU)
TransUnion is a global information and insights company that makes trust possible in the modern economy. We do this by providing an actionable picture of each person so they can be reliably represented in the marketplace. As a result, businesses and consumers can transact with confidence and achieve great things. We call this Information for Good®.
A leading presence in more than 30 countries across 5 continents, TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people.
http://www.transunion.com/business
About Neustar
Neustar is an information services and technology company and a leader in identity resolution providing the data and technology that enable trusted connections between companies and people at the moments that matter most. Neustar offers industry-leading solutions in marketing, risk, communications, and security that responsibly connect
data on people, devices, and locations, continuously corroborated through billions of transactions. Neustar serves more than 8,000 clients worldwide, including 60 of the Fortune 100. Learn how your company can benefit from the power of trusted connections here: https://www.home.neustar.
About Golden Gate Capital
Golden Gate Capital is a San Francisco-based private equity investment firm with over $19 billion in cumulative committed capital. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Notable software and technology enabled services investments sponsored by Golden Gate Capital include Infor, BMC Software, LiveVox, Vector Solutions, Ex Libris, 2020 Technologies and Ensemble Health Partners. For more information, visit www.goldengatecap.com.
About GIC
GIC is a leading global investment firm established in 1981 to secure Singapore's financial future. As the manager of Singapore's foreign reserves, we take a long-term, disciplined approach to investing, and are uniquely positioned across a wide range of asset classes and active strategies globally. These include equities, fixed income, real estate, private equity, venture capital, and infrastructure. Our long-term approach, multi-asset capabilities, and global connectivity enable us to be an investor of choice. We seek to add meaningful value to our investments. Headquartered in Singapore, we have a global talent force of over 1,800 people in 10 key financial cities and have investments in over 40 countries.
TransUnion Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of TransUnion's management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements include information concerning possible or assumed future results of operations, including our guidance and descriptions of our business plans and strategies. These statements often include words such as "anticipate", "expect", "guidance", "suggest", "plan", "believe", "intend", "estimate", "target", "project", "should", "could", "would", "may", "will", "forecast", "outlook", "potential", "continues", "seeks", "predicts", or the negative of these words and other similar expressions.
Factors that could cause actual results to differ materially from those described in the forward-looking statements include: failure to realize the synergies and other benefits expected from the acquisition of Neustar; the possibility that the acquisition, including the integration of Neustar, may be more costly to complete than anticipated; business disruption following the acquisition closing; risks related to disruption of management time from ongoing business operations and other opportunities due to the acquisition; the effects of pending and future legislation and regulatory actions and reforms; macroeconomic and industry trends and adverse developments in the debt, consumer credit and financial services markets and other macroeconomic factors beyond TransUnion's control; risks related to TransUnion's indebtedness, including our ability to make timely payments of principal and interest and our ability to satisfy covenants in the agreements governing our indebtedness; the effects of the ongoing COVID-19 pandemic on TransUnion and Neustar; and other one-time events and other factors that can be found in our Annual Report on Form 10-K for the year ended December 31, 2020, and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K, which are filed with the Securities and Exchange Commission and are available on TransUnion's website (www.transunion.com/tru) and on the Securities and Exchange Commission's website (www.sec.gov). Many of these factors are beyond our control. The forward-looking statements contained in this press release speak only as of the date of this press release. We undertake no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release.
For TransUnion
Contact Dave Blumberg
E-mail dblumberg@transunion.com
Telephone 312-972-6646
For Neustar
Contact Trish Drennan
E-mail Trish.Drennan@team.neustar
For Golden Gate Capital
Contact David Isaacs / Anne Nisperos Hew
E-mail GoldenGate-SVC@sardverb.com
For GIC
Contact Katy Conrad
E-mail katyconrad@gic.com.sg

text: TransUnion

text: Neustar

text: TransUnion

text: TransUnion

text: Neustar

text: Neustar

text: TransUnion

text: Neustar

label: fund

text: Golden Gate Capital

override: fund

text:
GIC.
Neustar

text: TransUnion

text: Neustar

text: Chris Cartwright

text: TransUnion

text: TransUnion

text: Neustar

text: Neustar

text: Charlie Gottdiener

text: Neustar

text: TransUnion

text: Neustar

text: Neustar

text: Neustar

text: Golden Gate Capital

text: GIC

text: Deutsche Bank

text: TransUnion

text: Deutsche Bank Securities Inc.

text: Bank of America, N.A.,

text: Capital One, N.A.

text: RBC Capital Markets

text: TransUnion

text: Simpson Thacher & Bartlett LLP

text: TransUnion

text: Evercore

text: Golden Gate Capital

text: GIC

text: JP Morgan

text: Sidley Austin

text: GIC

text: TransUnion

text: TransUnion

text: TransUnion

text: Neustar

text: Neustar

text: Neustar

text: Neustar

text: Golden Gate Capital

text: Golden Gate Capital

text: Golden Gate Capital

text: Golden Gate Capital

text: GIC

text: GIC

text: TransUnion

text: TransUnion

text: Neustar

text: Neustar

text: TransUnion

text: TransUnion

text: TransUnion

text: Neustar

text: TransUnion

text: TransUnion

text: Neustar

text: Golden Gate Capital

text: GIC


text:
EX-99.1
3
a12-22876_1ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Datalink Announces Intent to Purchase Strategic Technologies
Acquisition Will Expand Market Share in North Carolina, Florida and the Mid-Atlantic
EDEN PRAIRIE, Minn., October 2, 2012 -
Datalink (NASDAQ: DTLK), a leading provider of data center infrastructure and services, today announced a definitive agreement to acquire substantially all of the assets, and liabilities, of Cary, North Carolina-based Strategic Technologies, Inc. ("StraTech"). StraTech is an IT services and solutions firm that shares Datalink's focus on optimizing enterprise data centers and IT infrastructure through a common product and services portfolio designed to help customers increase business agility.
The acquisition will be Datalink's second in the last 12 months following the purchase of Minneapolis-based data center IT services firm Midwave Corporation in October 2011. Both transactions are part of Datalink's ongoing objective to accelerate business growth through both organic and acquisition strategies.
The transaction has been approved by the boards of directors of both Datalink and StraTech, as well as StraTech's sole stockholder and is expected close on or about October 4, 2012 upon satisfaction of certain closing conditions.
Conference Call and Webcast
Datalink will hold a conference call once the transaction closes, which is anticipated to be on October 4, 2012. Conference call details will be provided once the actual closing date is known.
About Datalink
A complete data center solutions and services provider for Fortune 500 and mid-tier enterprises, Datalink transforms data centers so they become more efficient, manageable and responsive to changing business needs. Datalink helps leverage and protect storage, server, and network investments with a focus on long-term value, offering a full lifecycle of services, from consulting and design to implementation, management and support. Datalink solutions span virtualization and consolidation, data storage and protection, advanced networks, and business continuity. Each delivers measurable performance gains and maximizes the business value of IT. For more information, call 800.448.6314 or visit www.datalink.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. This press release contains forward-looking statements, including regarding a pending acquisition and the financial impact of that acquisition, which reflect our
views regarding future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties, including those identified below, which could cause actual results to differ materially from historical results or those anticipated. The words "aim, "believe", "expect", "anticipate", "intend", "estimate", "should" and other expressions which indicate future events and trends identify forward-looking statements. Actual future results and trends may differ materially from historical results or those anticipated depending upon a variety of factors, many of which are included under "Risk Factors" in our annual report on Form 10-K for our year ended December 31, 2011, including, but not limited to: the level of continuing demand for storage, including the effects of current economic and credit conditions; competition and pricing pressures and timing of our installations that may adversely affect our revenues and profits; fixed employment costs that may impact profitability if we suffer revenue shortfalls; revenue recognition policies that may unpredictably defer reporting of our revenues; our ability to hire and retain key technical and sales personnel; our dependence on key suppliers; our ability to adapt to rapid technological change; risks associated with integrating possible future acquisitions; fluctuations in our quarterly operating results; future changes in applicable accounting rules; and volatility in our stock price. Furthermore, our revenues for any particular quarter are not necessarily reflected by our backlog of contracted orders, which also may fluctuate unpredictably. We cannot assure you that we can grow or maintain our revenue and backlog from current levels.
Other Datalink Contact Information:
Media & Alliances:
Investors & Analysts:
Suzanne Gallagher
Greg Barnum
SVP of Marketing
Vice President and CFO
Tel: 720-259-1365
Tel: 952-279-4816
Email: sgallagher@datalink.com
Email: gbarnum@datalink.com
###

text: Datalink

text: Strategic Technologies

text: Datalink

text: Strategic Technologies, Inc.

text: Datalink

text: Datalink

text: Datalink

text: Datalink

text: Datalink

text: Datalink

text: Datalink

text: Datalink

text: Datalink

text: Datalink


text:
EX-99.1
6
l24600aexv99w1.htm
EX-99.1
EX-99.1
Exhibit 99.1
PRESS RELEASE
Dick's Sporting Goods Announces Completion of Acquisition of Golf Galaxy
PITTSBURGH, Pa., February 13, 2007 - Dick's Sporting Goods, Inc. (NYSE: DKS) announced today
that it has completed its acquisition of Golf Galaxy, Inc. (Nasdaq: GGXY).
As previously reported, Dick's and Golf Galaxy entered into a definitive agreement and plan of
merger. Under the terms of the agreement, each outstanding share of Golf Galaxy common stock has
been converted into the right to receive $18.82 per share in cash, without interest.
"Golf Galaxy is a rapidly growing, profitable company which we believe is the best in the specialty
golf category. The passion with which Dick's Sporting Goods and Golf Galaxy associates serve the
enthusiast golfer make this transaction a big win for shareholders and golf enthusiasts alike,"
said Edward W. Stack, Chairman and CEO of Dick's Sporting Goods. "On behalf of all the associates
at Dick's, I would like to welcome Randy Zanatta and the entire Golf Galaxy team".
"We are excited to have completed this transaction, which represents an extraordinary opportunity
for both Golf Galaxy and Dick's Sporting Goods. By joining forces with Dick's Sporting Goods, who
we deem to be the best full-line sporting goods retailer in the industry, we believe we can
strengthen our position as the best golf specialty retailer in the business", added Randy Zanatta,
Golf Galaxy's president and chief executive officer.
Golf Galaxy currently operates 65 stores in 24 states, ecommerce websites and catalog operations,
and generated $264 million in sales during the last 12 months ended November 25, 2006.
About Dick's Sporting Goods, Inc.
Pittsburgh-based Dick's Sporting Goods, Inc. is an authentic full-line sporting goods retailer
offering a broad assortment of brand name sporting goods equipment, apparel, and footwear in a
specialty store environment. As of October 28, 2006, the Company operated 294 stores in 34 states
primarily throughout the Eastern half of the U.S.
Dick's Sporting Goods, Inc. news releases are available at http://www.dickssportinggoods.com/
(click on the Investor Relations link at the bottom of the home page).
Forward-Looking Statements Involving Known and Unknown Risks and Uncertainties
Except for historical information contained herein, the statements in this release are
forward-looking and made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. You can identify these statements by forward-looking words such as
"may", "will", "expect", "anticipate", "believe", "guidance", "estimate", "intend", "predict", and
"continue" or similar words. Forward-looking statements involve known and unknown risks
and uncertainties, which may cause the Company's actual results in future periods to differ
materially from forecasted results. Those risks and uncertainties are more fully described in the
Company's Annual Report on Form 10-K for the year ended January 28, 2006 as filed with the
Securities and Exchange Commission on March 23, 2006 and those references herein to our planned
merger with Golf Galaxy. The Company disclaims any obligation and does not intend to update any
forward-looking statements except as may be required by the securities laws.
Contact:
Dick's Sporting Goods, Inc.
Michael F. Hines, EVP - Chief Financial Officer or
Dennis Magulick, Director, Investor Relations
724-273-3400
investors@dcsg.com
####

text: Dick's Sporting Goods

text: Golf Galaxy

text: Dick's Sporting Goods, Inc.

text: Golf Galaxy, Inc.

text: Golf Galaxy

text: Golf Galaxy

text: Golf Galaxy

text: Dick's Sporting Goods

text: Golf Galaxy

text: Edward W. Stack

text: Dick's Sporting Goods

text: Golf Galaxy

text: Golf Galaxy

text: Dick's Sporting Goods

text: Dick's Sporting Goods

text: Golf Galaxy

text: Golf Galaxy

text: Dick's Sporting Goods, Inc.

text: Dick's Sporting Goods, Inc.

text: Dick's Sporting Goods, Inc.

text: Golf Galaxy

text: Dick's Sporting Goods, Inc.

text: Dennis Magulick


text:
EX-99.1
3
d612993dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Prologis Completes $8.5 Billion Acquisition of DCT Industrial Trust
SAN FRANCISCO, August 22, 2018 - Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced it has completed its
all-stock
acquisition of DCT Industrial Trust Inc. (NYSE: DCT) for $8.5 billion, including the assumption of debt.
In connection with the transaction, each share of DCT common stock was converted into 1.02 shares of Prologis common stock.
The DCT portfolio is highly complementary to Prologis' existing portfolio in terms of product quality, location and growth potential. The DCT portfolio
includes the following:
-
71 million square foot owned and managed operating portfolio
-
7.5 million square feet of development, redevelopment and value-added projects
-
305 acres of land in
pre-development
with an estimated
build-out
potential of over 4.5 million square feet and 131 acres of land under contract, or option, with a
build-out
potential of over 1.6 million square feet
The acquisition expands Prologis' presence in the high-growth U.S. markets of Southern California, the San Francisco Bay Area,
Seattle and South Florida. As a result of the closely aligned portfolios and business strategies, the combined company expects immediate corporate G&A savings and significant scale economies within its operating portfolio. The company also
expects to extract additional value from the platform initiatives currently underway at Prologis.
"We have tremendous respect and admiration for
what the DCT team has accomplished in transforming their organization into a premier logistics company", said Hamid R. Moghadam, chairman and chief executive officer, Prologis. "They have created significant value through thoughtful market
realignment, strong operating performance and smart development. Going forward, the combination of the portfolios will enable our shareholders to benefit from significant synergies and increased customer mindshare".
Prologis will refinance $1.8 billion of DCT's debt, of which approximately $850 million was paid off at closing with the remainder to be
retired in the third quarter of 2018. The company expects the blended interest rate associated with the refinancings to be approximately 2.5%, generating an estimated $38 million in annual interest savings. The cumulative interest savings will
more than offset the estimated $58 million of
one-time
debt extinguishment costs related to the refinancing activity. The total transaction costs are expected to be approximately $80 million, with
the majority of the costs incurred by Prologis being capitalized.
The acquisition is expected to be accretive to 2018 core funds from operations* (Core FFO) per diluted share
by $0.02, in line with the previously estimated Core FFO* per diluted share accretion of
$0.06-$0.08
on an annualized basis. As a result, Prologis has increased its 2018 Core FFO* guidance range to $3.00 to
$3.04 per diluted share from $2.98 to $3.02 per diluted share.
The acquisition is expected to be dilutive to net earnings per diluted share primarily due
to the impact of
non-cash
real estate depreciation. As a result, Prologis has decreased its full-year 2018 net earnings guidance range to $2.67 to $2.73 per diluted share from $2.80 to $2.86 per diluted share.
Effective immediately, former DCT president and chief executive officer Philip L. Hawkins has joined the Prologis board of directors.
For more information, visit Prologis' Investor Relations page at www.ir.prologis.com.
About Prologis
Prologis, Inc. is the global leader in
logistics real estate with a focus on high-barrier, high-growth markets. As of June 30, 2018, and inclusive of the DCT acquisition on August 22, 2018, the company owned or had investments in, on a wholly owned basis or through
co-investment
ventures, properties and development projects expected to total approximately 756 million square feet (75 million square meters) in 19 countries. Prologis leases modern distribution
facilities to a diverse base of approximately 5,500 customers across two major categories:
business-to-business
and retail/online fulfillment.
CONTACTS:
Investors:
Tracy Ward, Tel: +1 415 733
9565,
tward@prologis.com
, San Francisco
Media:
Jason Golz, Tel: +1 415 733 9439,
jgolz@prologis.com
, San Francisco
Forward-Looking Statements
The statements in this
document that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on current expectations, estimates and projections about the industry and markets in which we operate as well as management's beliefs and assumptions. Such statements involve uncertainties that could significantly impact
our financial results. Words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" and variations of such words and similar expressions are
intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future - including
statements relating to rent and occupancy growth, development activity and changes in sales or contribution volume of properties, disposition activity, general conditions in the geographic areas where we operate, our debt, capital structure and
financial position, our ability to form new
co-investment
ventures and the availability of capital in existing or new
co-investment
ventures - are forward-looking
statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based
on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors
that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates,
(iii) increased or
2
unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust
status, tax structuring and income tax rates (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments in our
co-investment
ventures, including our ability to establish new
co-investment
ventures and funds, (viii) risks of doing business internationally, including currency
risks, (ix) environmental uncertainties, including risks of natural disasters, and (x) those additional factors discussed in reports filed with the Securities and Exchange Commission by us under the heading "Risk Factors." We
undertake no duty to update any forward-looking statements appearing in this document.
*This is a
non-GAAP
financial measure. Please refer to our Second Quarter 2018 Supplemental Information Report for our definition of Core FFO and a reconciliation to the most directly comparable GAAP measure available on our website at www.ir.prologis.com and the
SEC's website at www.sec.gov.
3

text: Prologis

text: DCT Industrial Trust

text: Prologis, Inc.

text: DCT Industrial Trust Inc.

text: Prologis

text: Prologis

text: Prologis

text: Prologis

text: Hamid R. Moghadam

text: Prologis

text: Prologis

text: Prologis

text: Prologis

text: Prologis

text: Prologis

text: Prologis

text: Prologis

text: Prologis, Inc.

text: Prologis


text:
EX-99.1
2
ea140435ex99-1_lmpauto.htm
PRESS RELEASE, DATED MAY 6, 2021
Exhibit 99.1
LMP Announces
Closing of Hometown Subaru Acquisition
May 6, 2021
FORT LAUDERDALE, FL / GLOBE NEWSWIRE / May
6, 2021/
LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States,
today announced the closing of its acquisition of Hometown Subaru.
The Subaru franchise is located at 117 Midtown
Avenue, Mt. Hope, West Virginia 25880.
Hometown Subaru is a
part of our Stage One acquisition agreements, of which to date we have consummated approximately 97% of the expected EBITDA contribution
contracted in Stage One. In the coming weeks, we expect to close the one remaining contracted Stage One acquisition in West Virginia.
We expect to close the two contracted acquisitions of Chrysler Jeep Dodge Ram dealerships in New York in the third quarter of this year.
ABOUT LMP AUTOMOTIVE HOLDINGS, INC.
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) is
a growth company with a long-term plan to profitably consolidate and partner with automotive dealership groups in the United States. We
offer a wide array of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance
and insurance products and automotive repair and maintenance.
Our proprietary e-commerce technology and strategy
are designed to disrupt the industry by leveraging our experienced teams, growing selection of owned inventories and physical logistics
network. We seek to provide customers with a seamless experience both online and in person. Our physical logistics network enables us
to provide convenient, free delivery points for customers and provide services throughout the entire ownership life cycle. We use digital
technologies to lower our customer acquisition costs, achieve operational efficiencies and generate additional revenues. Our unique growth
model generates significant cash flows, which funds our innovation and expansion into new geographical markets, and along with strategically
building out dealership networks, creates personal transportation solutions that consumers desire.
FORWARD-LOOKING STATEMENTS:
This press release may contain "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,
each as amended. Such statements include, but are not limited to, any statements relating to our expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar matters that are not historical facts. These statements may be preceded
by, followed by or include the words "aim", "anticipate", "believe", "estimate", "expect,"
"forecast", "intend", "likely", "outlook", "plan", "potential,"
"project", "projection", "seek", "can", "could", "may", "should,"
"would", will", the negatives thereof and other words and terms of similar meanings. Forward-looking statements are
based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business,
operating results, financial condition, and stock value. Factors that could cause actual results to differ materially from those currently
anticipated include: our dependence upon external sources for the financing of our operations; our ability to effectively executive our
business plan; our ability to maintain and grow our reputation and to achieve and maintain the market acceptance of our services and platform;
our ability to manage the growth of our operations over time; our ability to maintain adequate protection of our intellectual property
and to avoid violation of the intellectual property rights of others; our ability to maintain relationships with existing customers and
automobile suppliers, and develop relationships; and our ability to compete and succeed in a highly competitive and evolving industry;
as well as other risks described in our SEC filings. There is no assurance that any forward-looking statements will materialize. You are
cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. We expressly disclaim
any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect
any change in our expectations or any changes in events, conditions, or circumstances on which any such statement is based, except as
required by law.
Investor Relations:
LMP Automotive Holdings, Inc.
500 East Broward Boulevard,
Suite 1900 Fort Lauderdale, FL 33394
investors@lmpah.com
For more information visit: https://lmpmotors.com/
SOURCE: LMP Automotive Holdings, Inc.

text: LMP

text: Hometown Subaru

text: LMP

text: Hometown Subaru

text: Hometown Subaru

text: LMP

text: LMP

text: LMP

text: LMP


text:
EX-99.1
4
a19-8456_11ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Smart & Final Stores, Inc. and Funds Managed by Affiliates of Apollo Global Management Announce Successful Completion of Previously Announced Transaction
COMMERCE, CA AND NEW YORK, NY -June 20, 2019
- Smart & Final Stores, Inc. (NYSE: SFS) ("Smart & Final") and First Street Merger Sub, Inc. (the "Purchaser"), an entity controlled by funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, "Apollo"), a leading global alternative investment manager, today announced the successful completion of the previously announced transaction whereby the Purchaser acquired all of the outstanding shares of common stock of Smart & Final.
The transaction was effected through a previously announced cash tender offer for all of the outstanding shares of common stock of Smart & Final followed by a merger. The tender offer expired at 5:00 p.m., New York City time, on June 17, 2019 and the Purchaser accepted all of the tendered shares for payment.
On June 20, 2019, the Purchaser made payment for the tendered shares and, concurrently therewith, Smart & Final merged with the Purchaser. As a result of the tender offer and the merger, Smart & Final became a privately-held, indirect wholly-owned subsidiary of the Apollo Funds and Smart & Final's common stock ceased trading on the New York Stock Exchange.
Each outstanding share of common stock that was not validly tendered in the tender offer (other than shares held by Smart & Final, the Apollo Funds and their respective affiliates, or by stockholders of Smart & Final who have perfected their statutory rights of appraisal pursuant to Section 262 of the Delaware General Corporation Law) was cancelled and converted into the right to receive an amount in cash equal to the $6.50 price per share net to the holder thereof, subject to reduction for any applicable withholding taxes in respect thereof, without interest.
"As we turn the page to the next chapter in our almost 150-year history, we are excited to again work with Apollo to capitalize on our unique value proposition in this dynamic grocery marketplace", said David Hirz, Smart & Final's president and chief executive officer. "We look forward to continued evolution in the
Smart & Final
and
Smart Foodservice
store banners, as we endeavor to provide the best shopping experience for our household and business customers across both in-store and digital sales channels".
About Smart & Final
Smart & Final is a leading value-oriented food retailer headquartered near Los Angeles in Commerce, California. It operates 257 stores under its Smart & Final banner, which offer quality products in a variety of sizes, saving customers time and money without a membership fee. Its larger format stores, Smart & Final Extra! stores, combine the warehouse store with traditional grocery offerings like farm-fresh produce and natural and organic options, to provide a one-
stop shop for all. Smart & Final also operates 67 stores located in the Pacific Northwest and Northern California under its Smart Foodservice banner, which sell foodservice offerings in a "no-frills" warehouse format primarily to business customers such as restaurants, caterers, and a wide range of other foodservice businesses. Founded in 1871, Smart & Final remains committed to giving back to its communities through employee volunteer opportunities and donations to local nonprofits.
About Apollo
Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, San Diego, Houston, Bethesda, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong, Shanghai and Tokyo. Apollo had assets under management of approximately $303 billion as of March 31, 2019 in private equity, credit and real assets funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. For more information about Apollo, please visit www.apollo.com.
Forward Looking Statements
This communication contains forward-looking statements in addition to historical and other information. Words such as "anticipate", "believe", "could", "estimate", "expect", "forecast", "intend", "looking forward", "may", "plan", "potential", "project", "should", "target", "will" and "would", or any variations of these words, or other words with similar meanings to or that otherwise, are used to identify forward-looking statements although not all forward-looking statements contain these words. All statements that address activities, events, performance or developments that Apollo intends, expects or believes may occur in the future are forward-looking statements. Forward-looking statements may relate to such matters as the completion of the merger. These forward-looking statements reflect Smart & Final's and Apollo's expectations as of the date of this communication. Factors or events that could affect the proposed transactions or cause actual events, results or performance to differ, including materially, may emerge from time to time and are beyond the control of Smart & Final and Apollo, and it is not possible for Smart & Final and Apollo to predict all of them. Accordingly, no assurances can be given as to, among other things, whether the proposed transactions will be completed or if any of the other events anticipated by the forward-looking statements will occur or what impact they will have. The reader is cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements made in this communication speak only as of the date hereof. Neither Smart & Final nor Apollo undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable securities laws.
Contacts
For Smart & Final:
Investor Contact:
Addo Investor Relations
(310) 829-5400
investors@smartandfinal.com
Media Contact:
Smart & Final
press@smartandfinal.com
For Apollo:
Investor Contact:
Gary M. Stein
Head of Corporate Communications
Apollo Global Management, LLC
(212) 822-0467
gstein@apollo.com
Ann Dai
Investor Relations Manager
Apollo Global Management, LLC
(212) 822-0678
adai@apollo.com
Media Contact:
Charles Zehren
Rubenstein Associates, Inc. for Apollo Global Management, LLC
(212) 843-8590
czehren@rubenstein.com

text: Smart & Final Stores, Inc.

text: Smart & Final Stores, Inc.

text: First Street Merger Sub, Inc.

text: Apollo Global Management, LLC

text: Apollo Global Management, LLC

text: Ann Dai

text: Apollo Global Management, LLC

text: Apollo Global Management, LLC


text:
EX-99.1
3
ex99-1_010605.txt
PRESS RELEASE
EXHIBIT 99.1
PRESS RELEASE
SCHAWK, INC. COMPLETES ACQUISITION OF WINNETTS
FIRST OF TWO MAJOR ACQUISITIONS EXPANDING SCHAWK'S GLOBAL FOOTPRINT
DES PLAINES, Ill.--January 4, 2005--Schawk, Inc. (NYSE:SGK), a leading global
provider of digital imaging graphics services to the consumer products and brand
imaging markets, today announced it has completed the acquisition of the assets
of Weir Holdings Limited and its subsidiary companies. Weir, which has operated
under the Winnetts' name, is one of the leading providers of graphics and value
chain services to consumer products companies, retailers and major print groups
in the United Kingdom and European markets.
"With the completion of the Winnetts' acquisition we further our expansion,
consistent with our corporate growth strategy, and have taken a significant step
to increase our global coverage. The well-coordinated due diligence process and
the experience of the management team allowed the process to run smoothly and
begin a seamless transition", said David A. Schawk, president and chief
executive officer.
Nigel Parsons, managing director of Winnetts commented, "The completion of this
deal fulfills one of Winnetts' key strategic goals of being able to offer our
clients a truly global service capability. We are looking forward to completing
our integration into Schawk over the next few months".
"This acquisition provides Schawk with a significant presence in the United
Kingdom and European markets, with global supply capabilities. Winnetts, which
will soon adopt the Schawk name, will now be able to bring global expertise and
capabilities to its already formidable client base. With approximately $40
million in annual sales, of which over 90 percent are related to services for
the consumer products and brand imaging markets, the addition of Winnetts
creates substantial opportunities for growth, while bringing even higher quality
services to help its clients meet the expanding challenges of a global
marketplace", concluded Mr. Schawk.
Schawk, Inc., headquartered in suburban Chicago, is a leading supplier of
digitized high resolution color graphic services, brand consulting and design
and an array of digitally based workflow solutions, all aimed at bringing
enhanced value to its clients. Schawk provides these advanced services for the
food, beverage, and consumer products packaging, point of sale, advertising and
promotional markets. Winnetts is headquartered in Leeds (UK) and has sites
across the UK, in Belgium and in Spain.
Certain statements in this press release are forward-looking statements within
the meaning of Section 21E of the Securities and Exchange Act of 1934, as
amended and are subject to the safe harbor created thereby. These statements are
made based upon current expectations and beliefs that are subject to risk and
uncertainty. Actual results might differ materially from those contained in the
forward-looking statements because of factors, such as, among other things, the
strength of the United States and the United Kingdom economies in general and
specifically market conditions for the consumer products industry, the level of
demand for Schawk's services, loss of key management and operational personnel,
our ability to implement our growth strategy, successful completion and
integration of this acquisition and other potential acquisitions, if any, the
stability of state, federal and foreign tax laws, our ability to identify and
exploit industry trends and to exploit technological advances in the imaging
industry, our ability to continue to implement our restructuring plan, the
stability of political conditions in Asia and other foreign countries in which
we have production capabilities, terrorist attacks and the U.S. response to such
attacks, as well as other factors detailed in Schawk, Inc.'s filings with the
Securities and Exchange Commission.
For more information about Schawk, visit our website at www.schawk.com.

text: SCHAWK, INC.

text: WINNETTS

text: SCHAWK

text: Schawk, Inc.

text: Weir Holdings Limited

text: Winnetts

text: Winnetts

text: Schawk

text: Nigel Parsons

text: Winnetts

text: Winnetts

text: Schawk

text: Schawk

text: Winnetts

text: Schawk

text: Winnetts

text: Schawk

text: Schawk, Inc.

text: Schawk

text: Winnetts

text: Schawk

text: Schawk, Inc.

text: Schawk


text:
EX-99.1
3
peb8kmergerex991.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
7315 Wisconsin Avenue, Suite 1100 West, Bethesda, MD 20814
T: (240) 507-1300, F: (240) 396-5626
News Release
Pebblebrook Hotel Trust Completes Acquisition of LaSalle Hotel Properties
Bethesda, MD, November 30, 2018 - Pebblebrook Hotel Trust (NYSE: PEB) ("Pebblebrook" or "the Company") today announced the completion of its previously announced acquisition of LaSalle Hotel Properties ("LaSalle"). With a portfolio of 64 upper-upscale and luxury hotels in or near 18 key urban markets, the combined company is now the largest owner of independent, lifestyle hotels.
"We are thrilled to bring together these two outstanding companies to create the premier, best-in-class lodging REIT, which we expect will maximize long-term value for all of our shareholders", said Jon E. Bortz, Chairman, President and Chief Executive Officer of Pebblebrook. "We are eager to begin realizing the substantial benefits of this strategic combination as we execute our proven strategies with our newly expanded and diversified portfolio of unique hotels and resorts. I want to acknowledge Michael Barnello for his two decades of accomplishments at LaSalle and welcome LaSalle's employees to our Pebblebrook family as we take the next step in the evolution of our company".
In connection with the closing of the merger, five hotels were sold, generating $820.8 million of gross proceeds. The aggregate gross sales proceeds reflect a 15.6x EBITDA multiple and a 5.5% net operating income capitalization rate (after an assumed annual capital reserve of 4.0% of total hotel revenues) based on the trailing twelve-month operating performance for the period ended October 31, 2018. The gross sales prices and hotels sold were as follows:
.
$715.0 million, Park Central San Francisco and Park Central New York/WestHouse New York
.
$38.8 million, Gild Hall, New York
.
$67.0 million, Embassy Suites Philadelphia Center City
The sales of Gild Hall, New York and Embassy Suites Philadelphia City Center for a combined $105.8 million of gross proceeds represent the first sales pursuant to Pebblebrook's previously announced strategic disposition program to sell between $750.0 million and $1.25 billion of LaSalle-legacy hotels over the next six to twelve months. The strategic disposition program will reduce Pebblebrook's debt leverage while enhancing the quality and growth of the combined portfolio. As a result of these completed property sales and lower than previously forecasted merger transaction-related costs, Pebblebrook's total net debt to trailing 12-month corporate EBITDA is estimated to be 5.1 times.
"Our completed property sales demonstrate our ability to quickly execute on our strategic disposition program", noted Thomas C. Fisher, Chief Investment Officer of Pebblebrook. "We continue to be encouraged with the level of buyer interest in the assets that we are actively marketing for disposition".
Jon E. Bortz will continue to serve as Chairman, President and Chief Executive Officer of Pebblebrook, Raymond D. Martz will continue to serve as Chief Financial Officer and Thomas C. Fisher will continue to serve as Chief Investment Officer. The Pebblebrook Board of Trustees remains unchanged, and the combined company will remain headquartered in Bethesda, Maryland. The common shares of the combined company will continue to trade on the NYSE under the symbol "PEB", and Pebblebrook expects its newly issued 6.375% Series E Cumulative
Redeemable Preferred Shares and 6.3% Series F Cumulative Redeemable Preferred Shares, which were issued in the merger in exchange for LaSalle's 6.375% Series I Cumulative Redeemable Preferred Shares and 6.3% Series J Cumulative Redeemable Preferred Shares, respectively, will begin trading on the NYSE under the symbols "PEBPrE" and "PEBPrF", respectively, on December 3, 2018.
About Pebblebrook Hotel Trust
Pebblebrook Hotel Trust is a publicly traded real estate investment trust ("REIT") organized to opportunistically acquire and invest primarily in upper upscale, full-service hotels located in urban markets in major gateway cities. The Company owns 64 hotels, totaling approximately 15,400 guest rooms, located in 11 states and the District of Columbia, in the following markets: Del Mar, California; Los Angeles, California (Beverly Hills, Santa Monica and West Hollywood); San Diego, California; San Francisco, California; Santa Cruz, California; Washington, DC; Coral Gables, Florida; Key West, Florida; Naples, Florida; Buckhead, Georgia; Chicago, Illinois; Boston, Massachusetts; Minneapolis, Minnesota; New York, New York; Portland, Oregon; Philadelphia, Pennsylvania; Nashville, Tennessee; Columbia River Gorge, Washington; and Seattle, Washington. For more information, please visit us at www.pebblebrookhotels.com and follow us on Twitter at @PebblebrookPEB.
Cautionary Statement Regarding Forward Looking Statements
Certain statements in this communication that are not in the present or past tense or that discuss the expectations of Pebblebrook are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, which are based on current expectations, estimates and projections about the industry and markets in which Pebblebrook operates and beliefs of and assumptions made by Pebblebrook management, involve uncertainties that could significantly affect the financial results of Pebblebrook. Pebblebrook intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and include this statement for purposes of complying with these safe harbor provisions. Words such as "believe", "expect", "intend", "anticipate", "estimate", "project" and variations of such words and similar expressions are intended to identify such forward looking statements, which generally are not historical in nature. Such forward-looking statements may include, but are not limited to, statements about estimated debt leverage and the estimated timing of listing for common and preferred shares. Pebblebrook does not undertake any duty to update any forward-looking statements appearing in this document.
###
Contacts:
Jon E. Bortz, Chairman and Chief Executive Officer, Pebblebrook Hotel Trust - (240) 507-1300
Raymond D. Martz, Executive Vice President and Chief Financial Officer - (240) 507-1330
Liz Zale, Pam Greene or Stephen Pettibone, Sard Verbinnen & Co - (212) 687-8080
For additional information or to receive press releases via email, please visit our website at
www.pebblebrookhotels.com

text:
News Release
Pebblebrook Hotel Trust

text: LaSalle Hotel Properties

text: Pebblebrook Hotel Trust

text: LaSalle Hotel Properties

text: Jon E. Bortz

text: Jon E. Bortz

text: Pebblebrook Hotel Trust

text: Pebblebrook Hotel Trust

text: Jon E. Bortz

text: Pebblebrook Hotel Trust


text:
EX-99.1
2
a19-4460_3ex99d1.htm
EX-99.1
Exhibit 99.1
Antero Midstream and AMGP Announce Closing of Midstream Simplification Transaction
Denver, Colorado, March 12, 2019-Antero Midstream Partners LP (NYSE: AM)
("Antero Midstream" or the "Partnership") and
Antero Midstream GP LP (NYSE: AMGP)
("AMGP") announced today the closing of the previously announced simplification transaction between Antero Midstream and AMGP.
On October 9, 2018, Antero Midstream and AMGP announced that they entered into a definitive agreement for AMGP to acquire all outstanding AM common units, both those held by the public and those held by Antero Resources Corporation (NYSE: AR), in a stock and cash transaction. In connection with this transaction, AMGP converted into a corporation and was renamed Antero Midstream Corporation.
On March 13, 2019, Antero Midstream Corporation's common stock will begin trading on the New York Stock Exchange under the ticker symbol "AM". Antero Midstream common units and AMGP common shares will no longer be publicly traded.
Antero Midstream Corporation is a Delaware corporation that owns, operates and develops midstream gathering, compression, processing and fractionation assets located in West Virginia and Ohio, as well as integrated water assets that primarily service Antero Resources' properties.
Antero Midstream is a limited partnership that owns, operates and develops midstream gathering, compression, processing and fractionation assets located in West Virginia and Ohio, as well as integrated water assets that primarily service Antero Resources Corporation's properties. Holders of Antero Midstream common units will receive a Schedule K-1 with respect to distributions received on the common units during the period of 2019 that preceded the closing of the simplification transaction. Holders of Antero Midstream common units who receive Antero Midstream Corporation common stock will receive a Form 1099 with respect to any dividends they receive on such Antero Midstream Corporation common stock following the closing of the simplification transaction.
For more information, contact Michael Kennedy - CFO of Antero Midstream Corporation at (303) 357-6782 or mkennedy@anteroresources.com.
1

text: Antero Midstream

text: Antero Midstream Partners LP

text: Antero Midstream

text: Antero Midstream GP LP

text: Antero Midstream

text: Antero Midstream

text: Antero Resources Corporation

text: Antero Midstream

text: Antero Midstream

text: Antero Midstream

text: Antero Midstream

text: Antero Midstream

text: Antero Resources Corporation

text: Antero Midstream

text: Antero Midstream

text: Antero Midstream

text: Antero Midstream

text: Antero Midstream


text:
EX-99.3
5
bc8kex993-033108.htm
REPRESENTATION, LIEN RELEASE
AND
INDEMNITY AGREEMENT
This REPRESENTATION, LIEN RELEASE AND INDEMNITY AGREEMENT is given this 25th day of March, 2008, by The Beard Company (the "Company"), an Oklahoma corporation, Beard Oil Company ("Beard Oil"), a Delaware corporation, and William M. Beard, individually ("Beard"), for the benefit of Charles R. Wiggins and Ken Kamon (collectively, the "Buyers").
Reference is made to the sale (the "Sale") by the Company and Beard Oil (collectively, the "Sellers") to Buyers of certain oil, gas, and carbon dioxide interests (the "Assigned Interests") in Dolores and Montezuma Counties, Colorado, in consideration of the sum of $3,500,000.00 paid by Buyers to Sellers. The Sale is evidenced by Assignment and Bill of Sale (the "Assignment"), dated March 25th, 2008, under which Sellers have sold, conveyed, transferred and assigned the Assigned Interests to Buyers.
In consideration of the purchase of the Assigned Interests by the Buyers under the Assignment, and the consummation of the Sale prior to the release of the Prior Deeds of Trust (as herein defined), Sellers and Beard hereby represent and agree as follows:
Sellers represent to Buyers that as of the date of the Assignment, the Assigned Interests are encumbered by certain deeds of trust (each a "Prior Deed of Trust" and collectively, the "Prior Deeds of Trust"), described as follows:
Dolores County, Colorado
Deed of
Recording
Recording
Trust Date
Date
Number
Book
Page
6/8/07
6/29/07
00154547
363
390*
5/22/06
6/26/06
00150610
348
259
7/22/05
8/2/05
00149035
340
121
5/21/04
7/16/04
00147556
331
88
2/21/03
3/24/03
00145869
320
208
5/16/02
5/24/02
00144768
313
79
Montezuma County, Colorado
Deed of
Recording
Recording
Trust Date
Date
Number
Book
Page
6/8/07
6/29/07
549553
n/a
n/a*
5/22/06
6/5/06
540874
n/a
n/a
7/22/05
8/2/05
533455
n/a
n/a
5/21/04
7/15/04
524064
n/a
n/a
2/21/03
3/24/03
511638
n/a
n/a
5/16/02
5/23/02
504420
n/a
n/a
* This Prior Deed of Trust was given for the benefit of First Fidelity Bank, N.A. ("Lender"), is hereinafter described as the "2007 Lender Deed of Trust", and was given to secure payment of the Company's promissory note to Lender dated June 8, 2007 (the "2007 Lender Note"). All Prior Deeds of Trust, excluding the 2007 Lender Deed of Trust, are hereinafter referred to as the "Released Deeds of Trust".
Sellers represent to Buyers that the current unpaid balance of the indebtedness secured by the Released Deeds of Trust consists solely of the following:
1.
The 2007 Lender Note, as modified by Change in Terms Agreement dated March 25, 2008 (as so modified, the "2008 Lender Note"), upon which, as of the date of this agreement, there remains unpaid a maximum amount of $1,000,000.00; and
2.
The Company's 12% Convertible Subordinated Note due August 31, 2009, in the unpaid principal amount of $390,000.00 (the "Company Boatright Note"), held by Boatright Family, L.L.C. ("Boatright") and upon which, as of March 24, 2008 the accrued and unpaid interest is $3,120.00; and
3.
That certain promissory note executed by the Company to William M. Beard and Lu Beard, as Trustees of The William M. Beard and Lu Beard 1988 Charitable Unitrust ("Unitrust"), in the principal amount of $2,250,000, dated as of March 25, 2008, (the "2008 Unitrust Note").
Seller further represents to Buyers that all indebtedness previously secured by the Prior Deeds of Trust has been paid in full, except that evidenced by the 2008 Lender Note, the Company Boatright Note and the 2008 Unitrust Note (collectively, the "Notes").
Seller further represent to Buyers that all beneficiaries and holders of indebtedness secured by the Released Deeds of Trust have agreed to release and discharge the Released Deeds of Trust, subject to, with respect to Boatright and Unitrust, in consideration of such release, the execution and delivery by the Company of an Amended and Restated Deed of Trust dated March 25, 2008 (the "2008 Nominee Deed of Trust"), excluding the Assigned Interests from the property covered by the Prior Deed of Trust and to be recorded after the recordation of the Assignment.
Sellers further represent to Buyers that the Lender has agreed to partially release the 2007 Lender Deed of Trust to exclude the Assigned Interests, subject to execution and delivery by the Company of an Amended and Restated Deed of Trust dated March 25, 2008 (the "2008 Lender Deed of Trust"), excluding the Assigned Interests from the property covered by the Prior Deed of Trust and to be recorded after the recordation of the Assignment.
Sellers have also advised Buyers that Sellers may be unable to obtain, prior to consummation of the Sale, all required signatures to the releases of the Prior Deeds of Trust.
Sellers acknowledge that Buyers are relying on the representations made in this Agreement (the "Representations") as a condition of the consummation of the Sale.
Sellers and Beard each hereby agree (a) to obtain and file for record, within thirty (30) days following the consummation of the Sale, a release of all Released Deeds of Trust, in proper order as required by the public trustees of Dolores and Montezuma Counties of Colorado, so as to cause a full and unconditional release of the liens created by the Prior Deeds of Trust, the 2008 Lender Deed of Trust and the 2008 Nominee Deed of Trust, with respect to the Assigned Interests, (b) to obtain and file for record, within thirty (30) days following the consummation of the Sale, a partial release of the 2007 Lender Deed of Trust, in proper order as required by the public trustees of Dolores and Montezuma Counties of Colorado, so as to cause a full and unconditional release of the liens created by the 2007 Deeds of Trust with respect to the Assigned Interests, and (c) to indemnify and hold
harmless Buyers from any and all loss, cost, damage, or expense arising as a result Buyers' reliance on the Representations or as a result of any claim or claims made under any of the Prior Deeds of Trust with respect to the Assigned Interests.
IN WITNESS WHEREOF, the parties hereto have executed this Representation, Lien Release, and Indemnity Agreement as of the Effective Date stated above.
"COMPANY"
THE BEARD COMPANY
By
/s/ Herb Mee, Jr.
Herb Mee, Jr., President
"BEARD OIL"
BEARD OIL COMPANY
By
/s/ Herb Mee, Jr.
Herb Mee, Jr., President
"BEARD"
/s/ William Beard
William Beard, Individually

text: Beard Oil

text: Beard Oil

text: Charles R. Wiggins

text: Ken Kamon

text: Beard Oil

text: BEARD OIL

text: BEARD OIL


text:
EX-99.1
2
exhibit991prolexicpressrel.htm
EXHIBIT 99.1
Exhibit 99.1 Prolexic Press Release
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
Contacts:
Jeff Young
Media Relations
617-444-3913
jyoung@akamai.com
--or--
Tom Barth
Investor Relations
617-274-7130
tbarth@akamai.com
Akamai Completes Acquisition of Prolexic
CAMBRIDGE, MA - February 18, 2014 - Akamai Technologies, Inc. (NASDAQ: AKAM) today announced it has completed its acquisition of Prolexic Technologies, Inc., a privately held company based in Hollywood, Florida that provides cloud-based security solutions for protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attacks. On December 2, 2013, Akamai announced a definitive agreement between the parties pursuant to which Akamai would acquire all of the outstanding equity of Prolexic.
The combination of the two companies' technologies and teams creates a portfolio of security solutions designed to protect an enterprise's Web and IP infrastructure against application-layer, network-layer and data center attacks delivered via the Internet.
"Cyber-attacks are on the rise all over the world, with many resulting in significant economic or reputational damage to enterprises, governments, and end-users", said Tom Leighton, CEO of Akamai. "With our acquisition of Prolexic now complete, we are excited to extend the value of our combined teams and offerings to online businesses across all industries. Our focus is to optimize and secure the "entire IP experience", Web or otherwise, and to provide an unparalleled layer of protection against the most sophisticated of attacks without sacrificing site or application performance".
Outlook (forward-looking statement)
On its February 5, 2014 earnings call, Akamai provided its outlook for the first quarter 2014, including revenue in the range of $426 to $442 million and non-GAAP earnings per share (EPS) in the range of $0.51 to $0.55, excluding any effect from the Prolexic acquisition. The Company is now updating that guidance to incorporate the effects it anticipates from the Prolexic acquisition as described on that earnings call.
The Company expects that the Prolexic acquisition will result in additional revenue in the first quarter in the range of $7 to $8 million. Akamai further expects the acquisition to be dilutive to non-GAAP earnings per share by approximately $0.01 per share during the quarter. As a result, the Company now expects first quarter 2014 results as follows:
.
Revenue in a range of $433 to $450 million; and
.
Non-GAAP earnings per share in the range of $0.50 to $0.54.
For more information on the full-year financial impact of the Prolexic acquisition, please refer to the Company's fourth quarter 2013 earnings call with investors held on February 5, 2014. Definitions of the Company's non-GAAP metrics are available on the Company's Investor Relations website.
About Akamai
Akamai® is the leading provider of cloud services for delivering, optimizing and securing online content and business applications. At the core of the Company's solutions is the Akamai Intelligent Platform™ providing extensive reach, coupled with unmatched reliability, security, visibility and expertise. Akamai removes the complexities of connecting the increasingly mobile world, supporting 24/7 consumer demand, and enabling enterprises to securely leverage the cloud. To learn more about how Akamai is accelerating the pace of innovation in a hyperconnected world, please visit www.akamai.com or blogs.akamai.com, and follow @Akamai on Twitter.
# # #
The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including statements regarding the expected benefits of the acquisition of Prolexic. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, expectations regarding the performance of the combined business, difficulty in integrating Prolexic's operations with Akamai's, inability to enjoy the expected benefits from Prolexic's Florida operations, failure of Akamai's network infrastructure, continuing market acceptance of our services and those provided by Prolexic and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.

text: Prolexic

text: Akamai

text: Prolexic

text: Akamai Technologies, Inc.

text: Prolexic Technologies, Inc.

text: Akamai

text: Akamai

text: Prolexic

text: Tom Leighton

text: Akamai

text: Prolexic

text: Akamai

text: Prolexic

text: Prolexic

text: Prolexic

text: Akamai

text: Prolexic

text: Akamai

text: Akamai

text: Akamai

text: Akamai

text: Akamai

text: Akamai

text: Prolexic

text: Prolexic

text: Akamai

text: Prolexic

text: Akamai

text: Prolexic


text:
EX-99.1
2
v107418_ex99-1.htm
FOR
IMMEDIATE RELEASE
NEW
YORK MORTGAGE TRUST ANNOUNCES ADDITIONAL REDUCTION IN
LEVERAGE
NEW
YORK March 18, 2008
- New
York Mortgage Trust, Inc. (OTC BB: NMTR) ("NYMT" or the "Company") announced
that, on March 13 and 14, 2008, in connection with the Company's previously
announced decision to reduce leverage in its portfolio of Agency mortgage-backed
securities ("Agency MBS"), the Company sold approximately $236 million of Agency
MBS issued by Fannie Mae, resulting in a loss of approximately $6 million.
As of
the close of business on March 18, 2008, the Company's MBS securities portfolio
consisted of approximately $539 million of Agency MBS and $31 million of
AAA-rated non-Agency MBS. As of March 18, 2008, these securities were financed
using approximately $516 million of reverse repurchase agreements with an
average haircut of 6%. The Company also owns approximately $408 million of
prime
quality adjustable rate mortgage loans permanently financed with collateralized
debt obligations and held in securitization trusts. As of March 18, 2008, the
Company has $33 million of cash and unencumbered securities available to meet
margin calls and for new investments.
Including
the previously announced Agency MBS sales on March 7 and 10, 2008, the Company
has sold an aggregate of $447 million of Agency MBS during March 2008. Realized
losses from these transactions, including terminations of associated interest
rate hedges, total approximately $13 million. The Company has met all margin
calls and increases in required haircut amounts received to date for its
repurchase agreement financings.
In
light
of the realized losses incurred from the asset sales, the Company has withdrawn
its earnings per share guidance issued for 2008 of $0.45 to $0.55 per common
share.
Additional
details of the Company's investment portfolio and associated financing
agreements will be included in its Annual Report on Form 10-K for the year
ended
December 31, 2007, which is expected to be filed with the Securities and
Exchange Commission on or about March 24, 2008.
About
New York Mortgage Trust
New
York
Mortgage Trust, Inc. is a self-advised real estate investment trust (REIT)
in
the business of investing in and managing a portfolio of Agency mortgage-backed
securities (MBS), prime credit quality residential adjustable rate mortgage
(ARM) loans and non-agency mortgage-backed securities. As a REIT, the Company
is
not subject to federal income tax, provided that it distributes at least 90%
of
its REIT income to stockholders.
For
Further Information
AT
THE COMPANY
AT
FINANCIAL RELATIONS BOARD
Steven
R. Mumma, Co-CEO, President,
Joe
Calabrese (General) 212-827-3772
Chief
Financial Officer
Julie
Tu (Analysts) 212-827-3776
Phone:
212-792-0107
Email:
smumma@nymtrust.com

text:
New
York Mortgage Trust, Inc.

text:
New
York
Mortgage Trust, Inc.


text:
EX-99.1
2
ex99-1.htm
PRESS RELEASE
A.C. Simmonds and Sons Inc. 8-K
Exhibit 99.1
A. C. Simmonds and Sons (ACSX) Completes
Acquisition of Plasticap
TORONTO, ONTARIO--(Marketwired - Oct
22, 2014) - John G. Simmonds, Chairman and CEO of A. C. Simmonds and Sons Inc. (the "Company") (ACSX) is pleased to
announce the acquisition of 100% of the shares of Plasticap.
"Plasticap is a trusted supply
chain partner to major brands and distributors across several industries", said John Simmonds. "With efficiencies and
advancements in production and the technological ability to offer customers logo branding, security and tamper proof closures,
Plasticap has great potential for growth with new and existing customers in the bio-medical, pharmaceutical, food, household and
personal care industries".
"A. C. Simmonds will enable us
to take full advantage of the growth opportunities we see in existing and new markets", said Peter Gossmann, President of
Plasticap. "Plasticap offers a number of advantages to clients including high quality, service, performance and innovation".
Plasticap has been in operation for
more than 50 years, having started in 1963 operating out of a single facility in Richmond Hill. In 1968, Plasticap was acquired
by Anchor Cap & Closure, a subsidiary of the Anchor-Hocking Corp. Plasticap subsequently became a privately owned enterprise.
Plasticap has expanded its product line from only aerosol closures to liquor closures and lined plastic closures for the food and
household product industries. Today Plasticap is a manufacturer of specialty caps and closures for a number of vertical markets,
including Food, Dairy, Beverages, Condiments, Industrial, Petro-Chemical, Medical and Pharmaceutical and a critical supply chain
partner to many corporations.
Plasticap is expanding its offerings
in personal care products to include new lines in flip top closures. Plasticap has also developed a new quick load tamper evident
valve seal closure to increase filling line speeds by up to 50%. In addition, recent advancements in induction seal CT closures
have made it possible to offer attractive logo branding as well as counterfeit security features.
For more information about Plasticap
visit
www.plasticap.com
.
About A. C. Simmonds and Sons
A.C. Simmonds and Sons, with lineage
through its management team to 96 years of business experience, is a Canadian based company with interests across North America
and a growing international presence. The Company is focused on acquiring profitable businesses for expansion and development in
seven growth sectors: international food, oil and gas, mold remediation, waste management, renewable energy, leisure and the entertainment
industry. John G. Simmonds, the Company's Chairman and CEO, co-founded the largest Canadian golf course operation and has
successfully established and grown companies and built effective teams. Mr. Simmonds has served as chairman and member of the board
of directors of several public companies.
For more information about the Company,
please visit
www.acsimmondsandsons.com
.
Forward-looking Statements
This press release contains "forward
looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements
are based on currently available competitive, financial and economic data and management's views and assumptions regarding
future events. Such forward-looking statements are inherently uncertain. The Company cannot provide assurances that the matters
described in this press release will be successfully completed or that the Company will realize the anticipated benefits of any
plans. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but
not limited to those detailed from time to time in the Company's SEC filings. The Company undertakes no obligation to update
information contained in this release. For further information regarding risks and uncertainties associated with the Company's
business, please refer to the risks and uncertainties detailed from time to time in the Company's SEC filings.
Contact:
A. C. Simmonds and Sons
Don Fenton
Director of Communications
416-434-3681
dfenton@acsimmondsandsons.com
www.acsimmondsandsons.com

text: A. C. Simmonds and Sons

text: Plasticap

text: John G. Simmonds

text: A. C. Simmonds and Sons

text: Plasticap

text: Plasticap

text: Plasticap

text: Peter Gossmann

text: Plasticap

text: Plasticap

text: Plasticap

text: Plasticap

text: Plasticap

text: Plasticap

text: Plasticap

text: Plasticap

text: Plasticap

text: Plasticap

text: A. C. Simmonds and Sons

text: John G. Simmonds

text: A. C. Simmonds and Sons

text: Don Fenton


text:
EX-99.01
3
ex9901form8k012308.htm
PRESS RELEASE DATED JANUARY 28, 2008
SENTO COMPLETES SALE OF ITS EUROPEAN OPERATIONS
OREM, Utah, January 28, 2008
-
Sento Corporation (SNTO)
, a right-channeling solutions leader, today announced the sale of its two wholly-owned subsidiaries that conduct business in Europe to R Systems International Limited ("
R Systems
"), an Indian corporation listed on both the Bombay Stock Exchange and the National Stock Exchange in Mumbai, India.
At closing, Sento received cash of approximately $1.48 million. An additional amount of approximately $420,000 has been placed in escrow and will be delivered to Sento upon preparation of a final closing statement and confirmation of Sento's resolution of matters with certain former stockholders of Xtrasource, the entity from which Sento acquired the European subsidiaries in 2004. R Systems has assumed all remaining liabilities of the European subsidiaries as of the closing date. Sento has agreed not to compete with R Systems in Europe for two years.
Sento decided to sell the European operations to enhance its financial position and take advantage of certain opportunities existing within its U.S. business.
SENTO ANNOUNCES CHANGES IN EXECUTIVE LEADERSHIP AND ITS BOARD
On January 28, 2008, Sento announced the resignation of Mr. Kim A Cooper as President and CEO and Mr. Michael Williams as COO of Sento, effective on January 23, 2008. Mr. Cooper also resigned as a member of the Board of Directors, as Chairman of the Board, and as a member of the Compensation Committee to the Board.
Sento announced that, effective January 24, 2008, Mr. Joseph Jacoboni was appointed as the interim President and CEO of Sento. Mr. Jacoboni developed the business concept and many of the state-of-the-art telecommunications/computer technologies that make low-cost telephone-based support outsourcing feasible. In 1991, he founded Software Support, Inc. ("
SSI
"), a third-party support company with two (2) employees. Mr. Jacoboni and his team grew SSI to over 1,100 employees with offices in Florida, Texas, and Utah. In 1996, he sold SSI to Matrixx Marketing (a division of Cincinnati Bell), which is now the publicly held Convergys Corporation (NYSE:CVG). Since the sale of SSI, Mr. Jacoboni has been involved as an entrepreneur and consultant in a number of businesses including PrimeConnections LLC and Ewayzone, Inc.
Prior to his work with SSI, Mr. Jacoboni had been a marketing executive for computer and software companies such as Western Digital, Ratheon Data Systems, Maynard Electronics/Archive Corporation and Businessland.
Sento announced that, effective January 24, 2008, Mr. John Archdeacon was appointed as COO of Sento. Mr. Archdeacon has been involved as an entrepreneur and consultant in the technology field over the past several years. Prior to that time Mr. Archdeacon held executive level positions with leading technology companies such as Wynd (where he was VP-Customer Satisfaction), Adobe (where he was Director of Customer Support Services), and Aldus (where he was Director of Technical Support).
Sento also announced that, effective January 25, 2008, the Board of Directors had voted to expand the size of the board from six to seven members, and that Mr. Thomas T. Rooney and Mr. Dan McReynolds were appointed to fill the two vacancies on the Board of Directors.
Mr. Rooney has over 20 years of technology investment banking experience with the last three at The Chesapeake Group. Over this period he has had significant responsibilities with respect to equity trading, research and corporate finance. Mr. Rooney helped build one of the largest and most profitable software services practice on Wall Street first as an analyst and then as an investment banker. During this time he helped complete nearly 30 capital raising projects raising more than $2.5 billion and completed over $3 billion in M&A transactions. Mr. Rooney purchased 400 units of securities from us in December 2006 for an aggregate of $400,000 ($1,000 per unit), with each unit consisting of one share of our Series B Preferred Stock and one warrant to purchase 300 shares of our common stock, and the Chesapeake Group purchased an additional 100 units of securities in that
same offering for an aggregate of $100,000. Additionally, the Chesapeake Group loaned us $249, 167 in August 2007, for which we issued a promissory note.
Mr. McReynolds is the Chief Strategy Officer and a Principal of July, a financial services company. Mr. McReynolds is also an investment committee member of London-based Plutus Capital Management, LLP. Its most recent fund (Transeo - $500M) deploys hybrid, multi-industry global investment strategies that are at the intersection of Hedge Fund and Private Equity investing. He is also a director and partner of Velocity Advisors, Inc. a buyout advisory and investment firm. Mr. McReynolds is managing director of DGC Holdings, LLC a holding company and private investment and consulting firm which he founded advising senior management and directors of global companies in North America and Europe through all stages of acquisition and value-creation. Plutus Capital purchased 1000 units of securities from us in December 2006 for an aggregate of $1.0 million ($1,000 per unit), with
each unit consisting of one share of our Series B Preferred Stock and one warrant to purchase 300 shares of our common stock, and purchased 16,667 shares of our Series C Preferred Stock for an aggregate of $16,667 ($1 per share) and loaned us $51,667 in August 2007, for which we issued a promissory note.
Thomas T. Rooney, board member of Sento Corporation, stated: "We are very pleased with the decision of Joseph Jacoboni to bring his impressive background in developing and growing technology-enabled support solutions companies to bear as the President and CEO of Sento. We believe the combination of Joseph Jacoboni's management skills and industry knowledge will provide a strong synergistic combination with the leading edge technology possessed by Sento".
Joseph Jacoboni commented: "My experience as the founder and CEO of one of the first companies in the technology-enabled support solutions industry will allow me to continue the recent momentum developed by Sento as we return to our position as a leader in this fast growing industry. Sento has held an important position in our industry with its prestigious client base, its distinctive position within the marketplace and the caliber and commitment of the entire Sento management team. I plan to build on these strengths and seize the significant opportunity that is available in our industry".
SENTO PROFILE
Sento Corporation (www.sento.com) specializes in Right Channeling(SM), a proven methodology designed to optimize customer contact solutions and ensure that companies make informed choices for multi-channel communication that support their business goals and customer expectations. We offer outsourced customer contact services designed to optimize the way companies interact with their customers to enhance brand loyalty, improve customer satisfaction, drive business initiatives and reduce service costs. Through our proprietary Customer Choice Platform(SM), we offer comprehensive professional services and customer interaction tools for customer acquisition, customer service and technical support. Companies can select communication channels from a range of integrated live support and web-enabled self-help applications that combine voice, chat, email and web forums. Sento provides customer contact solutions to
industry-leading clients worldwide.
FORWARD-LOOKING STATEMENTS
Statements in this press release, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements encompass Sento's beliefs, expectations, goals, hopes or intentions regarding future events. Words such as "expects", "intends", "estimates", "believes", "anticipates", "should" and "likely" also identify forward-looking statements. All forward-looking statements included in this release are made as of the date hereof and are based on information available to Sento as of such date. Sento assumes no obligation, and specifically disclaims any obligation, to update any forward-looking statement. Actual results could differ materially from those anticipated for a number of reasons, including, among others: the Company's stock price has
historically been volatile; variations in market and economic conditions; the Company's dependence on its limited number of key clients; failure to renew existing client contracts for continuation of services; reduction in services requested by the Company's clients resulting in lower revenues for the Company; the Company's ability to complete negotiations and execute client agreements; risk of equipment failure and/or emergency interruption of the Customer Contact Solutions operations; and other unanticipated factors. Risk factors, cautionary statements and other conditions, which could cause actual results to differ from the Company's current expectations, are contained in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K.
Contact:
Joseph Jacoboni, interim President and CEO, Sento 801-431-9200

text: SENTO

text: EUROPEAN OPERATIONS

text: Sento Corporation

text: R Systems International Limited

text: Sento

text: Sento

text: Sento

text: Sento

text: Sento

text: Sento

text: European operations

text: SENTO

text: Sento

text: Michael Williams

text: Sento

text: Sento

text: Joseph Jacoboni

text: Sento

text: Sento

text: John Archdeacon

text: Sento

text: Sento

text: Thomas T. Rooney

text: Thomas T. Rooney

text: Sento Corporation

text: Joseph Jacoboni

text: Sento

text: Joseph Jacoboni

text: Sento

text: Joseph Jacoboni

text: Sento

text: Sento

text: Sento

text: SENTO

text: Sento Corporation

text: Sento

text: Sento

text: Sento

text: Sento

text: Joseph Jacoboni

text: Sento


text:
EX-99.2
5
v421384_ex99-2.htm
EXHIBIT 99.2
Exhibit 99.2
Media Contacts:
Alison von
Puschendorf
Dealertrack
Technologies
(877) 327-8422
x7366
alison.vonpuschendorf@dealertrack.com
Dealertrack Completes
Sale of Inventory+ Business to DealerSocket
Lake
Success, N.Y, October 1, 2015
- Dealertrack Technologies (Nasdaq: TRAK) today announced
that it has completed the sale of its Inventory+ business to DealerSocket, Inc. in an all-cash transaction for approximately $55
million.
Under the terms of the deal, the divested
Inventory+ assets include the AAX product in the U.S. and Canada, as well as eCarlist websites. In addition, approximately 200
employees transition to DealerSocket with this sale.
The agreement to divest the Inventory+
business was announced on August 20, 2015. For the full announcement press release, click here for the Dealertrack Press Room.
About Dealertrack
Dealertrack, headquartered in Lake Success, N.Y., delivers integrated
digital solutions designed to enhance the efficiency and profitability for all major segments of the automotive retail industry,
including dealers, lenders, vehicle manufacturers, third-party retailers, agents and aftermarket providers. From bridging the gap
between the online and in-store experience to developing industry leading innovations, Dealertrack is transforming automotive retailing
through its comprehensive award-winning solution set, including Dealer Management System (DMS), Fixed Operations, Sales and F&I,
Digital Marketing, CRM and Registration and Titling solutions.
Safe Harbor for Forward-Looking and Cautionary Statements
Statements
in this press release regarding the benefits of Dealertrack's solutions, any conclusions or statements based thereon and all other
statements in this release other than the recitation of historical facts are forward-looking statements (as defined in the Private
Securities Litigation Reform Act of 1995). These statements involve a number of risks, uncertainties and other factors that could
cause actual results, performance or achievements of Dealertrack Technologies to be materially different from any future
results, performance or achievements expressed or implied by these forward-looking statements.
Factors that might cause such a difference include the
performance and acceptance of the Dealertrack solutions, the performance of Dealertrack's third-party partners, and
other risks listed in our reports filed with the Securities and Exchange Commission (SEC), including our Annual
Report on Form 10-K for the year ending December 31, 2014 and our Quarterly Reports on Form 10-Q. These filings can
be found on Dealertrack Technologies' website at
www.dealertrack.com
and the SEC's website
at
www.sec.gov
. Forward-looking statements included herein speak only as of the date hereof and Dealertrack
Technologies disclaims any obligation to revise or update such statements to reflect events or circumstances after the
date hereof or to reflect the occurrence of unanticipated events or circumstances.

text:
Dealertrack
Technologies

text: Dealertrack Technologies

text: DealerSocket, Inc.

text: Dealertrack Technologies

text: Dealertrack Technologies

text:
Dealertrack
Technologies