text:
EX-99.1
2
a05-10303_1ex99d1.htm
EX-99.1
Exhibit
99.1
Contacts:
Frederick M. Green,
President and Chief Executive
Officer
Phone: (763) 592-1900
Donald L. Henry,
Vice President and Chief
Financial Officer
Phone: (763) 592-1900
Ault Incorporated Announces Sale of Building
Ault Reports Sale of its
Corporate Headquarters Facility
MINNEAPOLIS - May 27, 2005 -
Ault Incorporated (Nasdaq NMS: AULT) reported today that it has sold its
corporate headquarters building in Brooklyn Park, Minnesota for $3.85
million. Details of the sale are not
available.
Ault built the 64,000-square-foot
facility in 1999 as its corporate headquarters for domestic manufacturing,
engineering design and support as well as administrative services. Ault will lease back a portion of the
building under the terms of the agreement.
Ault is a leading
manufacturer of power conversion products headquartered in North America. The Company is a major supplier to original
equipment manufacturers of wireless and wire line communications infrastructure,
computer peripherals and handheld devices, medical equipment, industrial
equipment and printing/scanning equipment.
Statements
regarding Ault's anticipated future performance are forward-looking and
therefore involve risks and uncertainties that could cause results or
developments to differ significantly from those indicated in the
forward-looking statements. These
include, but are not limited to: market conditions in the global electronics
industry, buying patterns of major customers, competitive products and
technologies, the ability to control expense growth, and other factors set
forth in the Company's filings with the Securities and Exchange Commission.
# # #

text: Frederick M. Green

text: Donald L. Henry

text: Ault Incorporated

text: Ault

text: Ault Incorporated

text: AULT

text: Ault

text: Ault

text: Ault

text: Ault


dataset: buster

text:
EX-99.1
2
a10-15853_1ex99d1.htm
EX-99.1
Exhibit 99.1
For investor relations information,
contact:
For trade press information,
contact:
Jana
Ahlfinger Bell, 972.819.0700
Timi Jackson, 972.819.2336
e-mail: jbell@efji.com
e-mail: tjackson@efji.com
FRANCISCO PARTNERS COMPLETES ACQUISITION
OF EF JOHNSON TECHNOLOGIES, INC.
Irving, TX - August 13, 2010
- EF Johnson Technologies, Inc. (NASDAQ: EFJI) today announced that FP-EF
Holding Company, Inc., an affiliate of Francisco Partners, a global
technology-focused private equity fund, has completed its acquisition of EF
Johnson Technologies, Inc. Under the terms of the merger agreement approved by
stockholders, FP-EF Holding Company has acquired all of the outstanding shares
of EF Johnson Technologies, based on a price of $1.50 per share in cash.
"EF Johnson has a long
history of providing quality products and services to customers in its core
markets", said Ashutosh Agrawal, Principal at Francisco Partners. "We are
looking forward to partnering with the Company's management team to provide our
customers with leading products, and the industry's best customer experience".
"The EF Johnson team is
excited to be joining Francisco Partners", said Michael E. Jalbert, the
outgoing Chairman and Chief Executive Officer of EF Johnson Technologies. "Our extensive
technology capabilities and shared focus on customer service create a
compelling offering in this growing industry".
"I'm looking forward to leading the EF Johnson
team as it pursues its strategic goals and continues to focus on providing the
highest quality secure communications solutions for its customers", said Norman
Stout, the incoming Chief Executive Officer.
Mr. Stout brings more than 20 years' of technology experience to the
position.
About EF Johnson Technologies, Inc.
Headquartered
in Irving, Texas, EF Johnson Technologies, Inc. focuses on innovating,
developing and marketing the highest quality secure communications solutions to
organizations whose mission is to protect and save lives. The Company's
customers include first responders in public safety and public service, the
federal government, and industrial organizations. The Company's products are
marketed under the EFJohnson, 3e Technologies International, and Transcrypt
International names and are Made in America. For more information, visit
http://www.EFJohnsonTechnologies.com.
About
Francisco Partners
With approximately $5.0
billion of committed capital and offices in San Francisco and London, Francisco
Partners is one of the world's largest technology-focused private equity funds.
The firm was founded to pursue structured investments in technology companies
undergoing strategic, technological, and operational inflection points.
Francisco Partners targets majority and minority investments in private
companies, public companies, and divisions of public companies. The principals
of Francisco Partners have a proven track record, having invested in excess of
$4.0 billion of equity capital in over 50 technology companies. For additional
information, visit www.franciscopartners.com.
#
# #

label: fund

text: FRANCISCO PARTNERS

override: fund

label: organization

text: EF JOHNSON TECHNOLOGIES, INC.

override: organization

text: EF Johnson Technologies, Inc.

text:
FP-EF
Holding Company, Inc.

text: Francisco Partners

text:
EF
Johnson Technologies, Inc.

text: FP-EF Holding Company

text: EF Johnson Technologies

label: person

text: Ashutosh Agrawal

text: Francisco Partners

text: Francisco Partners

text: EF Johnson Technologies

text: EF Johnson Technologies, Inc.

text: EF Johnson Technologies, Inc.

text: Francisco Partners

text:
Francisco
Partners

text: Francisco Partners

text: Francisco Partners

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
v333003_ex99-1.htm
EX-99.1
Sequential Brands Group Closes Heelys Acquisition
BBC International to Distribute Heelys Footwear Globally
NEW YORK - January 25, 2013 -- (BUSINESS WIRE) -- Sequential
Brands Group, Inc. (OTC: SQBG) ("Sequential" or the "Company") announced today that it has completed the
merger of Heelys, Inc. ("Heelys") with and into a subsidiary of Sequential. The Company entered into an agreement and
plan of merger dated December 7, 2012 to acquire Heelys subject to certain terms and conditions that have since been fulfilled,
and the approval by the Heelys stockholders which was confirmed on January 24, 2013.
Sequential acquired all of the outstanding shares of common
stock of Heelys for $2.25 per share in cash, or approximately $63 million. On closing, Heelys had approximately $57.5 million in
cash. The balance of the purchase price was funded with cash from Sequential.
Simultaneous with the closing, the previously announced global
license agreement with BBC International LLC ("BBC") became effective, making BBC the exclusive licensee for Heelys
footwear. BBC is a leading global kids footwear organization with other prominent footwear licenses, including Polo Ralph Lauren,
Warner Brothers and Marvel.
Yehuda Shmidman, CEO of Sequential, and Bobby Campbell, BBC's
Founder and Managing Member, jointly stated, "We see many opportunities to leverage Heelys' compelling brand heritage
and patented products as we re-launch the Heelys brand with our retail partners around the world".
Founded in 1999, Heelys has been a breakout success in the world
of action sports among children and teens with its innovative wheeled footwear. Heelys core product, HEELYS-wheeled footwear,
is patented dual purpose footwear that incorporates a stealth, removable wheel in the heel.
About Sequential Brands Group
Sequential Brands Group, Inc. (OTC:SQBG) owns, promotes, markets,
and licenses a portfolio of consumer brands that presently include William Rast
®
, People's Liberation
®
,
DVS
®
and Heelys
®
. Sequential ensures that its brands continue to thrive and grow by employing strong
brand management, design and marketing teams. Sequential has licensed and intends to license its brands in a variety of consumer
categories to retailers, wholesalers and distributors in the United States and in certain international territories. For more
information, please visit Sequential's corporate web site at: www.sequentialbrandsgroup.com.
About BBC International
BBC International, a major footwear firm in the industry, was
founded in 1975 by Chairman Robert Campbell. The company is the leading children's and skate footwear designer and marketer globally.
BBC leads the kid's footwear marketplace with creative design and advanced technology. They have secured many long-term,
internationally recognized children's licenses such as Polo Ralph Lauren, Sam Edelman, Guess, Born, OSIRUS and entertainment
brands such as Disney. Their ability to service all levels of quality fashion and distribution from department stores to mass market
is the key to their success in the children's arena.
Forward-Looking Statements
Certain statements in this press release and oral statements
made from time to time by representatives of the Company are forward-looking statements ("forward-looking statements")
that involve risks and uncertainties. For this purpose, any statements contained in this press release that are not statements
of historical fact may be deemed to be forward-looking statements. When used in this press release and in documents referenced
herein, forward-looking statements include, without limitation, statements regarding our expectations, beliefs or intentions that
are signified by terminology such as "subject to", "believes", "anticipates", "plans,"
"expects", "intends", "estimates", "may", "will", "should,"
"can", the negatives thereof, variations thereon and similar expressions. Such forward-looking statements reflect
the Company's current views with respect to future events, based on what the Company believes are reasonable assumptions; however,
such statements are subject to certain risks, uncertainties and other factors. Our actual results may differ materially from those
anticipated in any forward-looking statements due to known and unknown risks, uncertainties and other factors. The section entitled
"Risk Factors" set forth in Item 1A of Part I of our Annual Report on Form 10-K for the year ended December 31, 2011,
in Item 1A of Part II of our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 3012 and in similar discussions
in our other Securities and Exchange Commission filings, discuss some of the important risks, uncertainties and other factors
that may affect our business, results of operations and financial condition. The Company's stockholders are urged to consider
such risks, uncertainties and factors carefully in evaluating the forward-looking statements and are cautioned not to place undue
reliance on such forward-looking statements. Should one or more of these risks, uncertainties or factors materialize, or should
underlying assumptions prove incorrect, actual results may differ materially from those in the forward-looking statements. The
Company disclaims any intention or obligation to update or review any forward-looking statements or information, whether as a
result of new information, future events or otherwise. The Company undertakes no obligation to comment on analyses, expectations
or statements made by third-parties in respect of the Company, the Sequential Transaction or related matters.
Contact:
Sequential Brands Group, Inc.
Gary Klein, Chief Financial Officer
(646) 564-2574
gklein@sequentialbrandsgroup.com
Investor Relations
ICR
Rachel Schacter/John Rouleau
203-682-8200
Rachel.schacter@icrinc.com/john.rouleau@icrinc.com

text: Sequential Brands Group

text: Heelys

text: Heelys

text:
Sequential
Brands Group, Inc.

text: Sequential

text: Heelys, Inc.

text: Heelys

text: Sequential

text: Heelys

text: Heelys

text: Sequential

text: Heelys

text: Heelys

text: Sequential

text: Heelys

text: Yehuda Shmidman

text: Sequential

text: Heelys

text: Heelys

text: Heelys

text: Heelys

text: Sequential Brands Group

text: Sequential Brands Group, Inc.

text: Heelys

text: Sequential

text: Sequential

text: Sequential

text: Sequential

text: Sequential Brands Group, Inc.

text: Gary Klein


text:
EX-99.1
2
rrd149156_18824.htm
PRESS RELEASE
DC683.pdf -- Converted by SEC Publisher 4.2, created by BCL Technologies Inc., for SEC Filing
NASDAQ: CECE
NEWS RELEASE
CECO ENVIRONMENTAL ACQUIRES EFFOX, INC.
NEW YORK, March 1, 2007 - CECO Environmental Corp. (
NASDAQ: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has
completed the acquisition of Effox, Inc. in an all cash transaction. Effox, located in Cincinnati, Ohio, engineers and manufactures dampers and expansion joints for use in flue gas and process air handling systems and is a leading provider of
equipment to the power industry. Effox also provides design, rebuilding and repair services for a variety of existing industrial systems.
Rick Blum, President and Chief Operating Officer, stated, "We are delighted to have Effox as part of the CECO family. Effox is a quality company with a well deserved reputation in the pollution control
industry."
Phillip DeZwirek, Chairman and CEO of CECO stated, "Effox had sales last year of approximately $28 million. We expect this acquisition to enhance both our revenues and our earnings. Effox had a $34 million
backlog as of February 28, 2007, which combined with CECO's year end backlog would have been $131 million at that time. More importantly, we are continuing our "horizontal integration" strategy and deepening our penetration of the
Power Industry, an area where we see significant growth opportunities".
ABOUT CECO ENVIRONMENTAL
CECO Environmental Corp. is North America's largest independent air pollution control company. Through its seven subsidiaries -- Busch, CECOaire, CECO Filters, CECO Abatement Systems, kbd/Technic, Kirk & Blum and H. M.
White, Inc. -- CECO provides a wide spectrum of air quality services and products including: industrial air filters, environmental maintenance, monitoring and management services, and air quality improvement systems. CECO is a full-service provider
to the steel, military, aluminum, automotive, ethanol, aerospace, semiconductor, chemical, cement, metalworking, glass, foundry and virtually all industrial process industries.
For more information on CECO Environmental please visit the company's website at: http://www.cecoenviro.com/
Contact:
Corporate Information
Phillip DeZwirek, CECO Environmental Corp.
Email: investors@cecoenviro.com
1-800-606-CECO (2326)
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to certain risks, uncertainties and
assumptions. These risks and uncertainties, which are more fully described in CECO's Annual and Quarterly Reports filed with the Securities and Exchange Commission, include changes in market conditions in the industries in which the Company
operates. Should one or more of these risks or uncertainties materialize, or should the assumptions prove incorrect, actual results may vary in material aspects from those currently anticipated.

text: CECO ENVIRONMENTAL

text: EFFOX, INC.

text: CECO Environmental Corp.

text: Effox, Inc.

text: Rick Blum

text: CECO

text: CECO

text: CECO

text: CECO ENVIRONMENTAL

text: CECO Environmental Corp.

text: CECO

text: CECO

text: CECO

text: CECO

text: CECO Environmental

text: CECO Environmental Corp.

text: CECO


text:
EX-99.1
3
uapcex991.htm
PRESS RELEASE DATED NOVEMBER 8, 2011
uapcex991.htm
Exhibit 99.1
United American Petroleum Corp. Acquire Remaining 75% of Frio County Project
Austin, TX-November 8, 2011 - United American Petroleum Corp. (OTCBB: UAPC.OB)
is pleased to announce it has purchased the remaining working interest of the Lozano lease in Frio County, Texas for a purchase price of $160,000. This purchase will provide United with 100% working interest in the Lozano lease, which should increase United's revenues from this lease by three times. The project consists of 3 oil-producing wells sitting on 110 acres, with 20 acre spacing allowing potential offset drilling locations.
The project lies within the Western Gulf Province, an area which covers 116,599 sq mi., affording extensive data on several hundred thousand oil and gas wells. To date, 2,518 significant oil and gas fields comprising 3,883 reservoirs have been discovered in the region.
Over the past 20 years, the oil industry has experienced tremendous success in Frio County due to advances in oil-extraction technologies which permits horizontal drilling extending the primary producing formations, such as the Olmos B and Olmos D sands, which range in depth from 3,100 feet to 3,600 feet. The Austin Chalk, Navarro and Anacacho formations are also abundant in the area. Untapped reserves within the region have been demonstrated by the Kinder Morgan operated Yates Oil Field, which has yielded over 1.4 billion barrels and is expected to further produce 1 billion barrels.
Christian Negri, United American Petroleum's Chief Financial Officer, stated, "This acquisition will augment our existing production in our Frio County Project and will provide the opportunity to exploit additional hydrocarbons on the acreage acquired".
For additional information regarding the Company's operations, projects, management team and other valuable information, please visit the Company's web site at
www.unitedamericanpetroleum.com
. To be placed on the Company's master email list and receive future press releases, progress reports and developments, please send an email to
unitedamericanpetroleum@grosscapital.com
or contact Gross Capital, Inc. at (361) 949 - 4999.
About United American Petroleum Corp
.
United American Petroleum Corp. is an independent exploration, development, acquisition, production, and operating company engaged in advanced exploration, drilling and completion techniques to explore for, produce and develop domestic oil and natural gas reserves. The Company's strategy centers on increasing shareholder value through actively pursuing and developing high-potential acquisitions for drilling and production while maintaining a prudently managed balance sheet. The Company's current projects are in Texas, however, additional acquisitions may encompass active plays throughout the United States.
Forward-looking Statements:
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects", "will", "intends", "plans", "believes", "anticipates", "hopes", "estimates", and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; competitive factors in the market(s) in which the Company operates; risks associated with oil and gas operations in the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
1
Cautionary Note to U.S. Investors
-- The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release, such as "probable", "possible", "recoverable" or "potential" reserves among others, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. Investors are urged to consider closely the disclosure in our filings with the SEC.
Contact:
United American Petroleum Corp.
Barry Gross
+1 855-PETROL-1
ir@unitedamericanpetroleum.com
info@unitedamericanpetroleum.com
2

text: United American Petroleum Corp.

text: United American Petroleum Corp.

text: United American Petroleum Corp.

text: United American Petroleum Corp.


text:
EX-99.1
3
athenagold_ex9901.htm
PRESS RELEASE
Exhibit 99.1
NUBIAN AND ATHENA ANNOUNCE CLOSING
OF SALE AND ACQUISITION OF EXCELSIOR SPRINGS PROJECT
NUBIAN PROVIDES EARLY WARNING
DISCLOSURE
Toronto, Ontario, January 5, 2022
-
Nubian Resources Ltd. (TSX-V: NBR | OTCQB: NBRFF) ("Nubian") and Athena Gold Corporation (CSE: ATHA | OTCQB: AHNR) are pleased
to announce the completion of the sale by Nubian and the acquisition by Athena of the remaining 90% interest that Nubian held in the Excelsior
Springs exploration project (the "Property") located in Esmeralda County, Nevada, USA, as contemplated in the option agreement
(the "Option Agreement") dated December 11, 2020, as amended on November 10, 2021, between Nubian, Nubian Resources (USA)
Ltd. ("Holdco") and Athena. Athena acquired the interest in the Property through its acquisition of all of the outstanding
shares of Holdco, the legal owner of the claims and mineral rights comprising the Property. As a result of the transaction, through its
ownership of Holdco, Athena now holds a 100% interest in the Property, subject to a 1% of net smelter returns royalty (the "Royalty")
with respect to the Property granted to Nubian.
The transaction was effected as at December 31,
2021 pursuant to the terms a share purchase agreement (the "Share Purchase Agreement"), whereby Nubian sold to Athena and
Athena purchased from Nubian all of the shares of Holdco for the remaining consideration payable under the terms of the Option Agreement,
which consisted of 45 million shares of Athena's common stock ("Athena Shares") and the Royalty.
Under the terms of the Share Purchase Agreement,
Nubian also agreed to use commercially reasonable efforts to distribute all Athena Shares that it holds to its shareholders, pro rata,
subject to certain conditions, including that the distribution can be effected in accordance with applicable laws and the policies of
the TSX Venture Exchange, exempt from the requirements to file a prospectus in Canada. In order to facilitate this proposed distribution,
Nubian and Athena agreed to prepare and file with the U.S. Securities and Exchange Commission a registration statement on Form S-1, covering
the resale and distribution by Nubian to its shareholders of the Athena Shares held by it, which distribution is not expected to occur
for a minimum period of six months. Additional details about the timing and manner of the planned distribution of the Athena Shares by
Nubian will be provided by it in subsequent public disclosures.
In addition, Nubian agreed that, subject to certain
exceptions, for a period of twelve months from the closing of the transaction, or until such time as Nubian owns less than 4.9% of the
outstanding Athena Shares, it will not vote against any matters that have been recommended by Athena's board of directors for approval
by Athena's shareholders at any meeting of Athena shareholders.
Martin Walter, President and CEO of Nubian stated,
"We are very pleased with closing the transaction under the Option Agreement through the sale of Holdco and also to provide Nubian
shareholder's with an opportunity to continue to benefit from the upside potential of the Property through the Athena Shares acquired
by Nubian under the transaction".
John Power, President
and CEO of Athena added, "We are excited to complete the 100% acquisition of Excelsior Springs, an advanced stage Gold exploration
project, located in the premier mining jurisdiction of Nevada. We are finalizing our aggressive 2022 exploration plans for Excelsior Springs
and look forward to advancing the Property".
1
Early Warning Disclosure
As announced on August 31, 2020, Nubian previously
acquired 5,000,000 Athena Shares and received a cash payment of US $10,000 from Athena in exchange for a 10% interest in the Property.
Immediately before the transaction, Nubian held these 5,000,000 Athena Shares, representing approximately 6.2% of the Athena Shares then
issued and outstanding. Upon completion of the transaction, Nubian held an aggregate of 50,00,0000 Athena Shares, representing approximately
40% of the Athena Shares then issued and outstanding.
The Athena Shares acquired
by Nubian in the Transaction were acquired by Nubian as transaction consideration and are intended to be held for investment purposes.
Nubian has no present intention to acquire additional securities of Athena and plans to distribute the Athena Shares now held by it to
its shareholders. In addition, from time to time and depending on market and other conditions, Nubian may increase or decrease its beneficial
ownership, control or direction over those securities through market transactions, private agreements or otherwise.
This news release is
being issued pursuant to National Instrument 62-103 -
The Early Warning System and Related Take-Over Bid and Insider Reporting
Issues
, which requires Nubian to file a report under Athena's profile on SEDAR (www.sedar.com) containing additional information
respecting the foregoing matters. A copy of the early warning report to be filed by Nubian will be available under Athena's profile
on SEDAR (www.sedar.com) and may also be obtained by contacting Martin Walter, President and CEO, Nubian Resources Ltd., at #202 Yale
Court Plaza, 2526 Yale Court, Abbotsford, British Columbia V2S 8G9.
ABOUT NUBIAN RESOURCES
Nubian is a publicly traded precious and base
metals exploration company managed by a team of experienced mining and geological professionals. Nubian's projects are focused in
key mining jurisdictions in central Victoria and Tasmania, Australia and Peru.
About
Athena
GOLD
Athena is a publicly traded company engaged in
the business of the acquisition and exploration of mineral resources. Athena is
currently focused
on the exploration and development of precious metals properties in the western United States.
For further information, please contact:
Martin Walter, President and CEO, Nubian Resources
Ltd., at +1-416-389-5692 or martin@nubianr.com
John Power,
President and CEO, Athena Gold Corporation, at +1-707-291-6198 or
johnpower@athenagoldcorp.com.
Neither the TSX Venture Exchange or the CSE
nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange and the CSE) accepts responsibility
for the adequacy or accuracy of this release.
2
Caution
Regarding Forward Looking Statements
Certain statements contained in this press release
constitute forward-looking information. These statements relate to future events or future performance, including, without limitation,
the preparation and filing of a registration statement on Form S-1 with the SEC, the distribution of Athena Shares by Nubian to its shareholders,
and the potential upside of the Property and value of the Athena Shares. The use of any of the words "could", "intend",
"expect", "believe", "will", "projected", "estimated", "may" and similar expressions
and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on
Athena and Nubian's current beliefs or assumptions as to the outcome and timing of such future events. Actual future results may
differ materially. Although such statements are based on reasonable assumptions of Athena and/or Nubian's management, there can
be no assurance that any conclusions or forecasts will prove to be accurate.
Forward looking information involves known and
unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different
from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks
inherent in the exploration and development of mineral deposits, including risks relating to changes in parameters of the projects as
plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and
the worldwide demand for and supply of minerals, risks related to the COVID-19 pandemic and current global financial conditions, increased
competition, access and supply risks, reliance on key personnel, operational risks, regulatory risks, including risks relating to licenses
and permits, financing, capitalization and liquidity risks and title and environmental risks.
The forward-looking information contained in this
release is made as of the date hereof, and neither Athena or Nubian is obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
Because of the risks, uncertainties and assumptions
contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify
any forward-looking information contained herein.
3

text: NUBIAN

text: ATHENA

text: NUBIAN

text: Nubian Resources Ltd.

text: Nubian

text: Athena Gold Corporation

text: Nubian

text: Athena

text: Nubian

text: Nubian

text: Holdco

text: Athena

text: Athena

text: Holdco

text: Holdco

text: Athena

text: Nubian

text: Nubian

text: Athena

text: Athena

text: Nubian

text: Holdco

text: Athena

text: Athena

text: Nubian

text: Athena

text: Nubian

text: Athena

text: Nubian

text: Athena

text: Athena

text: Nubian

text: Nubian

text: Nubian

text: Athena

text: Athena

text: Athena

text: Athena

text: Martin Walter

text: Nubian

text: Holdco

text: Nubian

text: Athena

text: Nubian

text: John Power

text: Athena

text: Nubian

text: Athena

text: Athena

text: Nubian

text: Athena

text: Athena

text: Nubian

text: Athena

text: Athena

text: Athena

text: Nubian

text: Nubian

text: Nubian

text: Athena

text: Athena

text: Nubian

text: Nubian

text: Athena

text: Nubian

text: Athena

text: Martin Walter

text: Nubian Resources Ltd.

text: Nubian

text: Nubian

text: Athena

text: Athena

text: Martin Walter

text:
Nubian Resources
Ltd.

text: John Power

text: Athena Gold Corporation

text: Athena

text: Nubian

text: Athena

text: Athena

text: Nubian

text: Athena

text: Nubian

text: Athena

text: Nubian


text:
EX-99
2
sfc168762.txt
EXHIBIT 99.1
Exhibit 99.1
[GRAPHIC OMITTED] [GRAPHIC OMITTED] [GRAPHIC OMITTED]
RELEASE
Contact:
Greg Wood Patrick Nguyen Jenni Moyer David Grabert
Chief Financial Officer EVP Corporate Development Comcast Corporation Cox Communications
Liberate Technologies Liberate Technologies Corporate Communications Director of Media Relations
(650) 645-4003 (650) 645-4004 (215) 851--3311 (404) 269-7054
gwood@liberate.com pnguyen@liberate.com jenni_moyer@comcast.com David.Grabert@cox.com
DOUBLE C TECHNOLOGIES, A JOINT VENTURE OF COMCAST AND COX,
COMPLETES PURCHASE OF LIBERATE'S NORTH AMERICAN BUSINESS
SAN MATEO, Calif., April 7, 2005 -- Liberate Technologies (Pink Sheets: LBRT)
and Double C Technologies, LLC, a joint venture majority owned and controlled
by Comcast Corporation (Nasdaq: CMCSA, CMCSK) with a minority investment by
Cox Communications, Inc., today announced the completion of the previously
announced purchase by Double C of substantially all of the North American assets
of Liberate. Liberate received cash consideration of approximately $82 million.
Double C will continue the operation located in London, Ontario, Canada and is
continuing employment for approximately 130 employees. Double C will build
upon the software platform that was acquired to provide a flexible platform
for adding new digital cable products and applications. This flexibility is of
particular importance to Comcast and Cox as digital cable products continue to
evolve and interactive features become more widespread. Double C will operate
under the business name TVWorks.
As a result of the closing of the transaction, the special dividend in the
amount of $2.10 per share of Liberate common stock previously declared by the
Board of Directors of Liberate on March 25, 2005 is now payable to
stockholders of record as of April 4, 2005. In accordance with the NASD rules,
the ex-dividend date will be April 11, 2005.
About Liberate Technologies
Liberate Technologies is a leading provider of software for digital cable
systems. Based on industry standards, Liberate's software enables cable
operators to run multiple services -- including high-definition television,
video on demand, and personal video recorders -- on multiple platforms.
Liberate and the Liberate design are registered trademarks of Liberate
Technologies. Other product names used in association with these registered
trademarks are trademarks of Liberate Technologies.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (http://www.comcast.com) is the
nation's leading provider of cable, entertainment and communications products
and services. With 21.5 million cable customers and 7 million high-speed
Internet customers, Comcast is principally involved in the development,
management and operation of broadband cable networks and in the delivery of
programming content.
Comcast's content networks and investments include E! Entertainment
Television, Style Network, The Golf Channel, Outdoor Life Network, G4, AZN
Television, TV One and four Comcast SportsNets. Comcast also has a majority
ownership in Comcast-Spectacor, whose major holdings include the Philadelphia
Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two
large multipurpose arenas in Philadelphia.
About Cox Communications, Inc.
Cox Communications, Inc. (http://www.cox.com) is a multi-service broadband
communications company with approximately 6.6 million total customers,
including approximately 6.3 million basic cable subscribers. The nation's
third-largest cable television provider, Cox offers analog cable television
under the Cox Cable brand as well as digital video service under the Cox
Digital Cable brand. Cox provides an array of other communications and
entertainment services including local and long-distance telephone under the
Cox Digital Telephone brand, high-speed Internet service under the Cox High
Speed Internet brand, video on demand programming under the Entertainment on
Demand brand, digital video recorders, high-definition television and home
networking. Commercial voice and data services are offered via Cox Business
Services. Local cable advertising, promotional opportunities and production
services are sold under the Cox Media brand. Cox is an investor in programming
services including Discovery Communications Inc. Cox Communications is a
wholly-owned subsidiary of Cox Enterprises Inc.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995
Those statements above that involve expectations or intentions are
forward-looking statements, within the meaning of the U.S. securities laws,
that involve risks and uncertainties and are not guarantees of future
performance. You are cautioned that these statements are only predictions, and
that forward-looking statements are subject to a number of risks, assumptions
and uncertainties that could cause actual results to differ materially from
those projected in such forward-looking statements. These risks, assumptions
and uncertainties include, but are not limited to the risks outlined in the
companies' respective filings with the Securities and Exchange Commission. All
forward-looking statements are only as of the date they are made and each
company disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
###

text: David Grabert

text: Liberate Technologies

text: Liberate Technologies

text: DOUBLE C TECHNOLOGIES

text: LIBERATE

text: Liberate Technologies

text: Double C Technologies, LLC

text: Double C

text: Liberate

text: Liberate

text: Double C

text: Double C

text: Double C

text: Liberate

text: Liberate

text: Liberate Technologies

text: Liberate Technologies

text: Liberate

text: Liberate

text: Liberate

text:
Liberate
Technologies

text: Liberate Technologies


text:
EX-99.1
2
exhibit99-1.htm
PRESS RELEASE DATED JULY 9, 2010
exhibit99-1.htm
Exhibit
99.1
For more information
contact:
Jerry Mueller, Senior
Vice President (314) 512-7251Ann Marie Mayuga, AMM Communications (314) 485-9499
ENTERPRISE BANK & TRUST ACQUIRES ARIZONA ASSETS OF
HOME
NATIONAL BANK FROM
FDIC
St. Louis, July 9, 2010. Enterprise Bank &
Trust, a subsidiary of Enterprise Financial Services Corp (NASDAQ: EFSC),
announced that it has entered into an agreement with the Federal Deposit
Insurance Corporation (FDIC) to acquire approximately $260 million in assets
originated by the Phoenix, Arizona operations of Home National Bank in
Blackwell, Oklahoma. The assets will be purchased at 87.5% of their balances at
the close of business on July 9, 2010. As part of the transaction, Enterprise
and the FDIC have entered into a loss sharing agreement whereby the FDIC will
reimburse Enterprise for 80% of losses incurred on the assets
acquired.
The FDIC was appointed receiver of Home
National Bank by the Office of the Comptroller of the Currency, which closed
Home National today. Home National Bank operated branches in Oklahoma, Kansas
and Arizona. Enterprise Bank & Trust purchased only the loans originated and
other real estate acquired by the Arizona operations of Home National,
predominantly in the local market. Enterprise will not assume any deposits or
acquire any branches or other assets of Home National as part of this
transaction.
Peter Benoist, President and CEO of Enterprise
Financial, commented, "This transaction represents a significant advancement of
our Arizona expansion strategy. We expect the assets purchased, in total, to
produce an attractive risk-adjusted yield, dramatically increasing our Arizona
earnings base. With this acquisition, our Arizona assets will approximate $300
million."
Benoist continued, "We were able to pursue
this opportunity as a result of our success in building liquidity over the past
eighteen months. The assets acquired will absorb excess liquidity and improve
the Company's overall earning asset mix. This transaction will not materially
change our regulatory capital ratios and we anticipate that it will add
approximately $0.15 to $0.20 to Enterprise's 2010 earnings per share, subject to
our underlying assumptions and final valuations of the
assets."
Enterprise's Arizona operations are headed by
Jack Barry, Executive Vice President and market president. Barry said, "The
lending clients we are gaining represent a very
important aspect of this transaction. We look forward
to working with our new Arizona clients and building strong, long term
relationships with them".
Enterprise entered the
Phoenix market with a loan production office in early 2008. It acquired Valley
Capital Bank in Mesa, Arizona in an FDIC-assisted transaction with a loss share
agreement in December, 2009. To date, the Valley Capital portfolio has performed
to expectations. Enterprise also opened new branches in western and central
Phoenix earlier this year.
Enterprise Financial
operates commercial banking and wealth management businesses in metropolitan St.
Louis, Kansas City and Phoenix. Enterprise is primarily focused on serving the
needs of privately held businesses, their owner families, executives and
professionals.
#
# #
Readers should note that in
addition to the historical information contained herein, this press release
contains forward-looking statements, which are inherently subject to risks and
uncertainties that could cause actual results to differ materially from those
contemplated from such statements. We use the words "expect", "intend,"
"anticipate" and variations of such words and similar expressions in this
communication to identify such forward-looking statements. Factors that could
cause or contribute to such differences include, but are not limited to, burdens
imposed by federal and state regulations of banks, credit risk, exposure to
local and national economic conditions, changes in real estate markets, risks
associated with rapid increase or decrease in prevailing interest rates, effects
of mergers and acquisitions, effects of critical accounting policies and
judgments, legal and regulatory developments and competition from banks and
other financial institutions, as well as other risk factors described in
Enterprise Financial's 2009 Annual Report on Form 10-K. Forward-looking
statements speak only as of the date they are made, and the Company undertakes
no obligation to update them in light of new information or future events.

text: ENTERPRISE BANK & TRUST

text:
Enterprise Bank &
Trust

text: Enterprise Financial Services Corp

text:
Home National Bank in
Blackwell

text: Enterprise Bank & Trust

text: Peter Benoist


text:
EX-99.1
4
f8k120114ex99i_bluephoenix.htm
PRESS RELEASE
EXHIBIT 99.1
}
Press Release, 12/1/2014
BluePhoenix
and ATERAS Complete Merger; Commence Operations as Modern Systems
Strategic
Combination Creates a Global Legacy Modernization Leader
BPHX to Change Ticker Symbol to "MDSY"
Seattle, WA and Dallas, TX
- December 1, 2014
- BluePhoenix Solutions Ltd. (NASDAQ: BPHX) and
Sophisticated Business Systems, Inc. (d/b/a ATERAS) announced the closing of the merger of the two companies. The combined
company will be a leading provider of legacy modernization services for Fortune 1000 businesses and government agencies
worldwide.
The new combined company will adopt the Modern Systems brand
identity and be headquartered in Seattle, Washington. Since the merger agreement was announced in August, the two companies have
been preparing an integration plan designed to rapidly combine the operations of the two companies into one. The plan is now substantially
complete, and the integration process will begin in December, followed up with an integrated product roadmap early in the first
quarter of 2015.
"Among our shared customers, several have already chosen
solutions from both firms, underscoring the potential of our highly complementary product suites. We are committed to building
on our best-in-class solutions portfolio to create the most compelling and comprehensive offering for both current and new customers
seeking legacy modernization solutions and services", Modern Systems CEO Matt Bell commented.
"This merger represents the best strategic move
for both ATERAS and BluePhoenix Solutions Ltd., and it is the strategy most likely to deliver increased value to our respective
shareholders", said ATERAS CEO Scott Miller, who has joined the new combined company's Board of Directors. "We
are confident the combined company will increase our competitive advantage in products, sales distribution and sales support, while
enhancing our relationships with customers and partners".
"The merger positions us to streamline our business
and leverage opportunities for cost-efficiency, and at the same time increase the service we can bring to our customers,"
said Bell. "The beauty of this merger is that it brings together two companies, each with strong offerings targeted to different
needs in our target corporate customers. By combining these complementary offerings, we can provide customers with a broad range
of solutions that meets the diverse needs of any organization. Conversations with our customers over the last weeks indicate they
recognize and welcome this value".
}
Press Release, 12/1/2014
Ticker Symbol and Name Change
BluePhoenix Solutions Ltd. has notified NASDAQ that
it will be changing its trading symbol from BPHX to MDSY. BluePhoenix Solutions Ltd. expects this change to occur within the next
week. BluePhoenix Solutions Ltd. has also obtained shareholder approval to change the name of BluePhoenix Solutions Ltd. to be
consistent with the new Modern Systems brand identity.
General Facts:
Headquarters:
Corporate headquarters of the combined Company will be in Seattle,
WA; North American offices will be in Dallas, Texas, Washington, DC and Charlotte, NC.
Senior Management:
Matt Bell, President and Chief Executive Officer
James Carpenter, Vice-President of Engineering
Cindy Howard, Vice-President, Technology and Solutions
Ed Lord, Vice-President of Worldwide Sales
Rick Oppedisano, Vice-President of Product Management and
Marketing
Rick Rinaldo, Chief Finance Officer
About Modern Systems Corporation
Modern Systems Corporation, an indirect, wholly-owned
subsidiary of BluePhoenix Solutions Ltd. (NASDAQ: BPHX), is a leading provider of legacy modernization services. The Modern Systems
portfolio includes a comprehensive suite of tools and services that modernize legacy applications and databases incrementally or
all at once. Modern Systems technologies can be applied to source applications and databases leveraging COBOL, Natural Adabas,
IDMS, CA Coolgen and more. The modernized environments can leverage Java, C#, SQL Server, Oracle Database, IBM DB2 and virtual
infrastructure to deliver identical or better functionality and performance. Modern Systems customers come from diverse industries
and vertical markets such as automotive, banking and financial services, insurance, manufacturing, and retail. BluePhoenix Solutions
Ltd. has offices in the USA, the UK, Italy, Romania, and Israel.
2
}
Press Release, 12/1/2014
Media Contacts
Rick Oppedisano, Vice President of Global
R&D and Marketing, Modern Systems
(704) 649-3173
About the Merger
BluePhoenix and ATERAS entered into a merger agreement
in August 2014. The merger was approved by the shareholders of BluePhoenix Solutions Ltd. at a meeting held on November 18, 2014.
Pursuant to the terms of the merger agreement, ATERAS became a wholly owned subsidiary of Modern Systems Corporation, which is
an in-direct wholly owned subsidiary of BluePhoenix Solutions Ltd. The former ATERAS stockholders were issued 6, 195,494 ordinary
shares of BluePhoenix Solutions Ltd. The merger closed on December 1, 2014.
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. Forward-looking
statements are based on BluePhoenix's management's beliefs and assumptions and on information currently available to
BluePhoenix's management. All statements other than statements of historical facts are "forward-looking statements"
for purposes of these provisions, including those relating to future events or our future financial performance and financial guidance.
In some cases, you can identify forward-looking statements by terminology such as "may", "might", "will,"
"should", "expect", "plan", "anticipate", "project", "believe,"
"estimate", "predict", "potential", "intend" or "continue", the negative
of terms like these or other comparable terminology, and other words or terms of similar meaning in connection with any discussion
of future operating or financial performance. These statements are only predictions. All forward-looking statements included in
this document are based on information available to BluePhoenix on the date hereof, and BluePhoenix assumes no obligation to update
any such forward-looking statements. Any or all forward-looking statements in this document may turn out to be wrong. Actual events
or results may differ materially. Forward-looking statements can be affected by inaccurate assumptions BluePhoenix might make or
by known or unknown risks, uncertainties and other factors. These risks and uncertainties include but are not limited to: the risk
that the businesses may not be combined successfully or in a timely and cost-efficient manner the risk that business disruption
relating to the merger may be greater than expected; and such other risks and uncertainties as identified in BluePhoenix's
most recent Annual Report on Form 10-K and other reports filed by it with the Securities and Exchange Commission. All names and
trademarks are their owners' property.
3

text: BluePhoenix Solutions Ltd.

text: Sophisticated Business Systems, Inc.

text: Matt Bell

text: BluePhoenix Solutions Ltd.

text: BluePhoenix Solutions Ltd.

text: BluePhoenix Solutions Ltd.

text: BluePhoenix Solutions Ltd.

text: BluePhoenix Solutions Ltd.

text: Matt Bell

text: Rick Oppedisano

text: BluePhoenix Solutions Ltd.

text:
BluePhoenix Solutions
Ltd.

text: Rick Oppedisano

text: BluePhoenix Solutions Ltd.

text: BluePhoenix Solutions Ltd.

text: BluePhoenix Solutions Ltd.


text:
EX-99.1
3
tv484303_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
BIOHITECH GLOBAL, INC.
80 RED SCHOOLHOUSE ROAD, SUITE 101
CHESTNUT RIDGE, NY 10977
FOR IMMEDIATE RELEASE
BioHiTech Global Partners
with Kinderhook Industries to Create a "Next Generation" Environmental Services Platform Company
·
Companies jointly acquire Gold Medal Services, a New Jersey based
solid waste collection business servicing the Philadelphia and Southern NJ Markets
·
Gold Medal acquisition provides an immediate and scalable distribution
platform for BioHiTech's sustainable and cost-effective waste disposal technology solutions
·
BioHiTech Global to receive $750K in annual management services
fees to oversee Gold Medal's operations
CHESTNUT RIDGE, NY - January 30,
2018
- BioHiTech Global, Inc. ("
BioHiTech
" or the "Company") (OTCQB: BHTG), a green technology
company that develops and deploys cost effective, innovative and disruptive waste management technologies, partners with Kinderhook
Industries ("Kinderhook"), a private investment firm that manages over $2 billion of committed capital, to create a
"next generation" environmental services platform company.
Through a series of transactions, the two
companies completed the acquisition of Gold Medal Services, LLC, a market leader in municipal, commercial, and industrial solid
waste collection in the Philadelphia and Southern New Jersey markets as a wholly owned subsidiary of Gold Medal Group, LLC ("Gold
Medal"), a newly formed company majority owned by Kinderhook. BioHiTech acquired a 9.2% interest in Gold Medal in exchange
for 500,000 shares of common stock. The Company also has an option to acquire an additional $5M interest in Gold Medal over the
next 12 months. BioHiTech also entered into a management services agreement, with Gold Medal to provide executive oversight of
its operations for fees of $750,000 per year, leveraging the significant experience and proven leadership skills of BioHiTech's
management team in the waste service industry. Together, the companies intend to lead a revolutionary transformation of Gold Medal
from a traditional waste disposal company to a technology driven, vertically integrated, sustainable waste services provider.
"I am pleased to partner with Cor
Carruthers, Rob Michalik, and the visionary private equity team at Kinderhook", stated Frank E. Celli, Chief Executive Officer
of BioHiTech Global. "Their extensive experience in environmental services and emerging technologies, coupled with their
significant financial resources, make them a valuable partner for BioHiTech as we begin to utilize our proprietary technology to
set a new standard for sustainable and cost-effective waste disposal in the United States".
BioHiTech sees its investment in Gold Medal
and ongoing management services agreement benefiting the Company in several key areas. Gold Medal's footprint of over 6,000
commercial and industrial customer locations in Southern New Jersey and the Philadelphia marketplace, including numerous food waste
generators, provides an attractive distribution platform for BioHiTech's on-site Digesters while
its municipal waste collection business can offer a significant source of future feedstock for the Company's planned HEBioT
facilities. Gold Medal also provides a platform, in one of the most attractive markets in the United States, for Kinderhook and
BioHiTech to build a much larger vertically integrated waste services company through organic growth and opportunistic acquisition.
1
"We are excited to partner with Frank
and BioHiTech as we look to increase our financial presence in this industry", stated Corwynne Carruthers, Managing Director
of Kinderhook Industries. "By marrying BioHiTech's cost effective technology and management experience with Gold Medal's
business, we believe we have created a platform company with the opportunity to expand on our initial investment and create a best
in class, sustainable environmental services company throughout the Mid-Atlantic States".
For a more detailed description of
the transaction, please
review our current report on Form 8-K filed today with the Securities
and Exchange Commission.
About Kinderhook Industries
Kinderhook Industries, LLC is a private
investment firm that manages over $2.0 billion of committed capital. They have made in excess of 170 investments and follow-on
acquisitions since inception. Kinderhook's investment philosophy is predicated on matching unique, growth-oriented investment
opportunities with exceptional financial expertise and our proprietary network of operating partners. Their focus is on middle
market businesses with defensible niche market positioning in the healthcare services, environmental / business services and automotive
/ light manufacturing sectors. They have a track record of successfully and consistently building industry leaders. In addition,
Kinderhook is a licensed Small Business Investment Company (SBIC) with the U.S. Small Business Administration. For more information,
please visit: www.kinderhook.com
About Gold Medal
Gold Medal Environmental, headquartered
in Deptford, New Jersey, is a waste and recycling services company servicing Pennsylvania, New Jersey and Delaware. Gold Medal
offers a complete range of integrated services to thousands of customers in the region. The company serves residential, institutional,
commercial and industrial locations. Gold Medal offers superior collection, recycling, disposal and dumpster rental services 24
hours a day and seven days a week. For more information, please visit: www.goldmedal.net
About BioHiTech Global
BioHiTech Global (OTCQB: BHTG), the "Company"
headquartered in Chestnut Ridge NY, develops and deploys innovative and disruptive waste management technologies. The combined
offerings of the Company offer our customers a full suite of technology based disposal options capable of having a significant
impact on waste generation while providing a true zero landfill environment. With options for both on and off site biological treatment
of waste, BioHiTech Global is a leader in zero waste solutions for businesses and municipalities. For more information, please
visit www.biohitech.com.
2
Forward Looking Statements
Statements in this document contain certain
forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance.
These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such
forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements
for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking
statements, even if new information becomes available in the future. Our actual results may differ materially from the results
anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk
Factors" in our filings with the Securities and Exchange Commission ("SEC"). There may be other factors not mentioned
above or included in the BioHiTech's SEC filings that may cause actual results to differ materially from those projected
in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result
of new information, future events or developments, except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Lisa Giovannielli
Director, Corporate Communications
Direct: 845-262-1081
lgiovannielli@biohitech.com
www.biohitech.com
# # #
3

text: BIOHITECH GLOBAL, INC.

text: BioHiTech Global Partners

text: Kinderhook Industries

text: Gold Medal Services

text: BioHiTech

text: BioHiTech Global, Inc.

text: BioHiTech

text:
Kinderhook
Industries

text: Gold Medal Services, LLC

text: BioHiTech

text: BioHiTech

text: BioHiTech

text: Frank E. Celli

text: BioHiTech

text: BioHiTech

text: BioHiTech

text: BioHiTech

text: BioHiTech

text: Corwynne Carruthers

text: Kinderhook Industries

text: BioHiTech

text: Kinderhook Industries

text: Kinderhook Industries

text: BioHiTech Global, Inc.

text: BioHiTech Global, Inc.

text: BioHiTech

text: BioHiTech Global, Inc.

text: BioHiTech Global, Inc.

text: Lisa Giovannielli


text:
EX-99.1
2
b411684_ex99-1.txt
EXHIBIT 99.1
NEWS RELEASE [DOCUMENT SECURITY
SYSTEMS INC. LOGO]
--------------------------------------------------------------------------------
================================================================================
DOCUMENT SECURITY SYSTEMS INC. For information contact:
First Federal Plaza Deborah K. Pawlowski, Kei Advisors LLC
28 East Main Street Phone: 716.843.3908
Rochester, NY 14614 Fax: 716.856.0432
Email: dpawlowski@keiadvisors.com
FOR IMMEDIATE RELEASE
DOCUMENT SECURITY SYSTEMS INC. ANNOUNCES ACQUISITION OF
PLASTIC PRINTING PROFESSIONALS, INC.
ROCHESTER, NY, February 8, 2006 - Document Security Systems, Inc. (AMEX: DMC)
("DSSI"), a leader in proven, patented protection against counterfeiting and
unauthorized copying, scanning and photo imaging, today announced that it has
acquired San Francisco-based Plastic Printing Professionals, Inc. ("P3"), a
privately held, security printer specializing in plastic cards containing
security technologies. DSSI said that it expects the transaction to be accretive
to DSSI's financial results. DSSI acquired the business for $1.25 million in
cash and 18,704 shares of DSSI restricted stock.
P3 has 25 employees and sales of approximately $2.6 million in 2005. P3 brings
to DSSI its ability to combine innovative security and anti-counterfeiting
technology with unique manufacturing techniques to produce plastic cards such as
ID cards and drivers licenses; phone, bank and gift cards; and other plastic
documents that will incorporate DSSI anti-counterfeiting technologies.
P3's primary focus is manufacturing composite, laminated and surface printed
cards which can include mag stripes, bar codes, holograms, signature panels,
invisible ink, microfine printing, guilloche patterns, DNA and a patent pending
watermark technology. P3's products are marketed through an extensive broker
network that covers North America, Europe and South America. Its product and
client list includes the Grammy Awards, the Country Music Association awards,
Superbowl media cards, ID cards for major airports and Latin American drivers'
licenses.
Patrick White, Chairman, President and CEO of DSSI comments, "Our overall
strategic plan is to develop certified in-house manufacturing capabilities for
the production of a broad variety of highly secure products, and the acquisition
of P3 represents our debut into manufacturing. This acquisition gives us
manufacturing and research facilities to better serve our customers on the West
Coast. In addition to expanding and diversifying our base of North American and
international clients, through P3 we have access to a large distributor network
covering North America, Europe and South America".
P3's owners, Michael Caulley and Jaeson Caulley have each signed multi-year
agreements to remain in their management roles of President and V.P. Plastics
Technologies, respectively.
ABOUT DOCUMENT SECURITY SYSTEMS, INC.
Document Security Systems, Inc. (AMEX:DMC) is a leader in proven patented
protection against counterfeiting and unauthorized copying, scanning and photo
imaging. The company offers a broad portfolio of anti-counterfeiting
technologies, processes and products, and provides consulting for customized
document security printing solutions. Its various anti-scanning technologies and
products are used for currency, vital records, packaging, labels, tickets, ID
Cards, passports and gift certificates. Document Security Systems' products,
such as its new AuthentiGuard(TM) safety paper, protect original documents from
copying or duplication. Its strategy is to become the world's leading producer
of cutting-edge security technologies for printed products. More information
about Document Security Systems can be found at its website:
www.documentsecurity.com.
- MORE -
DOCUMENT SECURITY SYSTEMS INC. ANNOUNCES ACQUISITION OF PLASTIC PRINTING
PROFESSIONALS, INC.
February 8, 2006
SAFE HARBOR STATEMENT
This release contains forward-looking statements regarding expectations for
future financial performance, which involve uncertainty and risk. It is possible
the Company's future financial performance may differ from expectations due to a
variety of factors including, but not limited to, changes in economic and
business conditions in the world, increased competitive activity, achieving
sales levels to fulfill revenue expectations, consolidation among its
competitors and customers, technology advancements, unexpected costs and
charges, adequate funding for plans, changes in interest and foreign exchange
rates, regulatory and other approvals and failure to implement all plans, for
whatever reason. It is not possible to foresee or identify all such factors. Any
forward-looking statements in this report are based on current conditions;
expected future developments and other factors it believes are appropriate in
the circumstances. Prospective investors are cautioned that such statements are
not a guarantee of future performance and actual results or developments may
differ materially from those projected. The Company makes no commitment to
update any forward-looking statement included herein, or disclose any facts,
events or circumstances that may affect the accuracy of any forward-looking
statement.
###

text:
DOCUMENT SECURITY
SYSTEMS INC.

text: DOCUMENT SECURITY SYSTEMS INC.

text: DOCUMENT SECURITY SYSTEMS INC.

text: PLASTIC PRINTING PROFESSIONALS, INC.

text: Document Security Systems, Inc.

text: DSSI

text: Plastic Printing Professionals, Inc.

text: DSSI

text: DSSI

text: DSSI

text: DSSI

text: DSSI

text: DSSI

text: Patrick White

text: DSSI

text: DOCUMENT SECURITY SYSTEMS, INC.

text: Document Security Systems, Inc.

text: DOCUMENT SECURITY SYSTEMS INC.

text:
PLASTIC PRINTING
PROFESSIONALS, INC.


text:
EX-99.1
3
exhibit2.htm
EX-99.1
EX-99.1
Exhibit 99.1
Contact:
Gary J. Fuges, CFA
ValueClick, Inc.
1.818.575.4677
VALUECLICK CLOSES WEB CLIENTS AND E-BABYLON ACQUISITIONS AND RAISES 2005 GUIDANCE
Westlake Village, CA - June 27, 2005 -
ValueClick, Inc. (Nasdaq: VCLK) today announced that it
has closed its acquisitions of both Web Marketing Holdings, Inc. (dba Web Clients) and E-Babylon,
Inc., which were announced on June 13, 2005. The Company also announced that it is raising its 2005
guidance to reflect these acquisitions. Due to the timing of each acquisition's close, the
Company's updated second quarter guidance includes only one month of E-Babylon's operating results
but does not include any operating results of Web Clients. The revised full-year 2005 guidance
includes seven months of E-Babylon's operating results and six months of Web Clients' operating
results.
Web Clients gives ValueClick immediate scale in promotional and industry-focused online content and
expands the Company's existing lead-generation and opt-in email channels. Web Clients' websites
complement ValueClick's Media, Commission Junction, Hi-Speed Media, Search123, and Pricerunner
businesses, and can be leveraged across the Company's advertiser base. E-Babylon expands
ValueClick's e-commerce channel and provides the infrastructure to support all of the Company's
current e-commerce initiatives.
"Through a combination of organic growth and prudent acquisitions like Web Clients and E-Babylon,
ValueClick is becoming an even larger and more profitable player in online marketing services,"
said James Zarley, chairman and chief executive officer of ValueClick. "We remain confident about
our ability to deliver on our 2005 financial goals and long-term strategy, and we welcome Web
Clients and E-Babylon to the ValueClick family".
ValueClick has acquired all outstanding equity interests in Web Clients and extinguished all of Web
Client's outstanding bank debt for an aggregate purchase price of approximately $141 million,
including $122 million in cash, approximately 1.8 million shares of ValueClick common stock and
approximately 350,000 options to purchase shares of ValueClick common stock. Josh Gray, chief
executive officer of Web Clients, has joined ValueClick's senior management team and continue to
lead the Web Clients business after the closing.
ValueClick has acquired all outstanding equity interests in E-Babylon and extinguished all of
E-Babylon's bank debt and long-term liabilities for a purchase price of approximately $11.7 million
in cash attributed to the E-Babylon business, and an additional $3.0 million in cash attributed to
the value of the fee title to E-Babylon's fulfillment center. E-Babylon will be integrated into
ValueClick's Hi-Speed Media business under general manager Farshad Fardad.
Business Outlook
The following statements are based on current expectations. These statements are forward-looking,
and actual results may differ materially. These statements do
not
include the potential
impact of any mergers, acquisitions or other business combinations that may be completed after the
date of this release.
Based on today's announcement on the closed acquisitions, ValueClick is raising its second quarter
and fiscal year 2005 guidance. Due to the timing of each acquisition's close, the Company's updated
second quarter guidance includes only one month of E-Babylon's operating results, but does not
include any operating results of Web Clients. The revised full-year 2005 guidance includes seven
months of E-Babylon's operating results and six months of Web Clients' operating results.
ValueClick's second quarter and fiscal year 2005 guidance is as follows:
Second Quarter 2005
Previous Guidance
New Guidance
Revenue
Diluted net income per common share
1
EBITDA
2
$52-$53 million
$0.08
$12-$13 million
$53.5-$54.5 million
$0.08
$12.2-$13.2 million
Fiscal Year 2005
Previous Guidance
New Guidance
Revenue
Diluted net income per common share
1
EBITDA
2
$222-226 million
$0.38-0.40
$58-61 million
$265-275 million
$0.39-0.41
$68-72 million
About ValueClick
ValueClick, Inc. (Nasdaq: VCLK) is the single-source provider of media, technology and related
services that enable advertisers, agencies and publishers to reach consumers in all major online
marketing channels, through three business units:
.
ValueClick Media
(http://media.valueclick.com) provides brand advertising and
direct marketing solutions for advertisers, agencies and publishers. Through its ValueClick
Brand, ValueClick Direct, ValueClick Search and Web Clients groups, ValueClick Media offers
marketers a wide range of distribution methods, including web-based advertising,
co-registration, pay-per-click search, and a variety of email marketing options.
ValueClick Media also includes
PriceRunner.com
(www.pricerunner.com), a leading global
provider of online comparison-shopping services.
.
Commission Junction (www.cj.com) provides advanced
performance marketing solutions that help marketers increase
online leads and sales. By facilitating strategic
relationships between advertisers and publishers, Commission
Junction leverages its proven expertise in affiliate
marketing and search marketing to drive measurable results
for its clients.
.
Mediaplex (www.mediaplex.com) provides technology and
services that help advertisers, agencies and publishers
manage their online advertising and permission-based email
campaigns. Additionally, Mediaplex provides the AdVault
suite of software and services that help advertising
agencies and other companies operate their businesses more
efficiently, through effective agency management, media
management, and content management solutions.
For more information, please visit www.valueclick.com.
This release contains forward-looking statements that involve risks and uncertainties, including,
but not limited to, trends in online advertising spending and estimates of future online
performance-based advertising. Actual results may differ materially from the results predicted, and
reported results should not be considered an indication of future performance. Important factors
that could cause actual results to differ materially from those expressed or implied in the
forward-looking statements are detailed under "Risk Factors" and elsewhere in filings with the
Securities and Exchange Commission made from time to time by ValueClick, including its Annual
Report on
Form 10-K
filed on March 31, 2005, recent quarterly reports on
Form 10-Q
and current
reports on
Form 8-K
. Other factors that could cause actual results to differ materially from those
expressed or implied in the forward-looking statements include, but are not limited to, the risk
that market demand for online advertising, and performance-based online advertising in particular,
will not grow as rapidly as predicted. ValueClick undertakes no obligation to release publicly any
revisions to any forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events.
###
1 Guidance for diluted net income per
common share reflects the Company's preliminary estimates of purchase
price allocations and anticipated amortization periods for acquired intangible
assets related to the recently closed acquisitions. Such estimates are
unaudited and are subject to adjustment based on the results of pending
appraisal reports.
2 Earnings before interest, taxes,
depreciation, and amortization ("EBITDA") included in this press
release is a non-GAAP (Generally Accepted Accounting Principles) financial
measure which represents net income excluding the effects of interest, taxes,
depreciation, and amortization. EBITDA, as defined above, may not be similar to
EBITDA measures used by other companies and is not a measurement under GAAP.
Management believes that EBITDA provides useful information to investors about
the Company's performance because it eliminates the effects of period-to-period
changes in costs associated with capital investments and income from interest
on the Company's cash and marketable securities that are not directly
attributable to the underlying performance of the Company's business
operations. Management uses EBITDA in evaluating the overall performance of the
Company's business operations.

text: ValueClick, Inc.

text: VALUECLICK

text: WEB CLIENTS

text: E-BABYLON

text: ValueClick, Inc.

text: Web Marketing Holdings, Inc.

text: Web Clients

text:
E-Babylon,
Inc.

text: E-Babylon

text: Web Clients

text: E-Babylon

text: Web Clients

text: Web Clients

text: ValueClick

text: Web Clients

text: ValueClick

text: E-Babylon

text: ValueClick

text: Web Clients

text: E-Babylon

text: ValueClick

text: James Zarley

text: ValueClick

text:
Web
Clients

text: E-Babylon

text: ValueClick

text: ValueClick

text: Web Clients

text: ValueClick

text: ValueClick

text: Josh Gray

text: Web Clients

text: ValueClick

text: Web Clients

text: ValueClick

text: E-Babylon

text: E-Babylon

text: E-Babylon

text: E-Babylon

text: E-Babylon

text: ValueClick

text: ValueClick

text: E-Babylon

text: Web Clients

text: E-Babylon

text: Web Clients

text: ValueClick

text: ValueClick

text: ValueClick, Inc.

text: ValueClick

text: ValueClick

text: ValueClick

text: ValueClick

text: Web Clients

text: ValueClick

text: ValueClick

text: ValueClick

text: ValueClick


text:
EX-99.1
2
a50876946ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
Logility
Acquires MID Retail
Award-winning
Retail Allocation and Merchandise Planning Software Extends Logility's
Reach into Retail Operations and Omni-Channel Performance
ATLANTA--(BUSINESS WIRE)--May 30, 2014--Logility, Inc., a leading
supplier of collaborative solutions to optimize the supply chain, today
announced its acquisition of privately-held MID Retail, Inc., an
Indianapolis-based provider of retail allocation and merchandise
planning solutions.
MID Retail's award winning technology helps retailers synchronize
merchandise financial plans with customer demand at each retail location
to boost in-stock performance, profitably grow their businesses,
allocate merchandise, and deliver higher product availability and
customer service. MID Retail's products will be integrated into the
Logility Voyager Solutions™ suite and rebranded under Voyager Retail
Optimization. Like other components in Logility Voyager Solutions suite,
Voyager Retail Optimization can be deployed as a stand-alone solution or
as a part of a broader supply chain initiative.
The retail industry faces several challenges including the accelerating
pace of new product introductions, the need to deliver a consistent
Omni-Channel customer experience, and increasing pricing and service
pressures from aggressive competitors. To succeed and stay ahead of the
competition, retailers require a comprehensive supply chain solution
that can optimize their operations from sourcing through manufacturing
to store and customer delivery.
"With this acquisition, Logility Voyager Solutions delivers the holistic
supply chain solution retail companies need to compete in today's
complex marketplace", stated Mike Edenfield, Logility president and CEO.
"MID Retail's innovative retail planning and allocation solutions
complement the Logility Voyager Solutions suite. The combination
provides a robust, comprehensive supply chain solution that helps
retailers, brand owners, wholesale distributors, and manufacturers
intelligently grow their businesses, increase customer service levels
and reduce working capital".
The addition of MID Retail further strengthens Logility Voyager
Solutions as a comprehensive supply chain planning solution marketed to
Fortune 500, large and midsize companies in the retail, wholesale
distribution and manufacturing industries. Some of the unique assets
that Logility acquires through this transaction include:
Technology:
MID Retail's award-winning retail allocation and
merchandise planning solutions intelligently harmonize merchandise
financial plans with customer demand at each retail location. The
allocation capabilities ensure product availability and improve customer
satisfaction while efficiently managing inventory positions by
strategically placing inventory into the proper channel or location to
best serve customer demand.
The inclusion of MID Retail's solutions will expand Logility's
innovative supply chain suite to drive additional value for retail,
wholesale distribution and manufacturing customers to improve
operational performance and deliver a comprehensive Omni-Channel
customer experience. Logility Voyager Solutions now offers the complete
breadth of retail supply chain planning from strategic planning and
optimization right down to daily execution, and retail store-level
replenishment and allocation with an end-to-end synchronized process.
Organization:
The MID Retail support, development,
implementation, training, and sales team will join Logility's global
organization and will continue to focus on providing industry-leading
retail expertise to Logility customers.
Customer Base:
MID Retail has helped transform retail planning
for respected industry leaders including Abercrombie & Fitch, Anna's
Linens, Big Lots!, Bon-Ton, Finish Line, Orvis, Tuesday Morning, Urban
Outfitters, and Wet Seal. MID Retail customers will benefit from
increased research and development investment and the exceptional
customer service Logility is known for providing.
"We are excited to become part of the Logility team, and have long
admired Logility's robust supply chain suite, large and satisfied
customer base, and proven track record of financial stability", said
Mike Ruhana, co-founder and COO, MID Retail. "Today's announcement will
enable us to develop and deliver more innovative supply chain solutions
to our retail customers. There is tremendous synergy in our joint
solution offering that will allow retailers to plan more efficiently
across strategic, tactical and operational time horizons to ensure
better in-stock performance and streamline Omni-Channel planning
initiatives".
View Partners Capital LLC acted as the exclusive financial advisor for
MID Retail on this transaction.
About MID Retail, Inc.
MID Retail helps retailers create a competitive advantage from their
merchandise operations. The company's solutions enable retailers to
boost sales, increase margins and reduce inventory costs by improving
the performance and efficiency of their allocation and store
replenishment planning, and buying functions. MID Retail helps its
clients achieve success through its leading, integrated suite for
allocation, merchandizing, assortment, store planning, and replenishment
applications. The application suite is implemented in partnership with
clients by MID Retail's expert professional services team, who provide
services ranging from management consulting to technical support. The
MID Retail solution is the result of over 25 years of research,
development and proven impact on profitability with more than 100 major
retail chains. For more information about MID Retail, visit
http://www.midretail.com
.
About Logility
With more than 1,250 customers worldwide, Logility is a leading provider
of collaborative, best-of-breed supply chain solutions that help small,
medium, large and Fortune 500 companies realize substantial bottom-line
results in record time. Logility Voyager Solutions is a complete supply
chain management solution that features a performance monitoring
architecture and provides supply chain visibility; demand, inventory and
replenishment planning; Sales and Operations Planning (S&OP); supply and
inventory optimization; manufacturing planning and scheduling;
transportation planning and management; and warehouse management.
Logility customers include CooperVision, Fender Musical Instruments,
Parker Hannifin, Verizon Wireless, and VF Corporation. Logility is a
wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). For
more information about Logility, call 800-762-5207 USA or visit
http://www.logility.com
.
Forward-Looking Statements
This press release contains forward-looking statements that are
subject to substantial risks and uncertainties. There are a number of
factors that could cause actual results to differ materially from those
anticipated by statements made herein. These factors include, but are
not limited to, continuing U.S. and global economic uncertainty, the
timing and degree of business recovery, unpredictability and the
irregular pattern of future revenues, dependence on particular market
segments or customers, competitive pressures, delays, product liability
and warranty claims and other risks associated with new product
development, undetected software errors, market acceptance of Logility's
products, technological complexity, the challenges and risks associated
with integration of acquired product lines, companies and services, as
well as a number of other risk factors that could affect the Company's
future performance. For further information about risks the Company and
American Software could experience as well as other information, please
refer to American Software, Inc's. current Form 10-K and other reports
and documents subsequently filed with the Securities and Exchange
Commission.
For more information, contact:
Vincent C.
Klinges, Chief Financial Officer, American Software, Inc., (404)
264-5477 or fax:
(404) 237-8868.
Logility is a registered trademark and Logility Voyager Solutions is
a trademark of Logility, Inc. Other products mentioned in this document
are registered, trademarked or service marked by their respective owners.
CONTACT:
Financial Information Contact:
Logility, Inc.
Vincent
C. Klinges, 404-264-5477
Chief Financial Officer

text: Logility

text: MID Retail

text: Logility

text: Logility

text: MID Retail, Inc.

text: MID Retail

text: MID Retail

text: Logility

text: Logility

text: Logility

text: Logility

text: MID Retail

text: Logility

text: MID Retail

text: Logility

text: Logility

text: MID Retail

text: MID Retail

text: Logility

text: Logility

text: MID Retail

text: Logility

text: Logility

text: MID Retail

text: MID Retail

text: Logility

text: Logility

text: Logility

text: MID Retail

text: View Partners Capital LLC

text: MID Retail

text: MID Retail, Inc.

text: MID Retail

text: MID Retail

text: MID Retail

text: MID Retail

text: MID Retail

text: Logility

text: Logility

text: Logility

text: Logility

text: Logility

text: Logility

text: Logility

text:
Vincent C.
Klinges

text: Logility

text: Logility

text: Logility

text: Logility

text:
Vincent
C. Klinges


text:
EX-99.1
2
a12-27510_1ex99d1.htm
EX-99.1
Exhibit 99.1
KMP CLOSES $3.3 BILLION ASSET SALE
WITH TALLGRASS ENERGY PARTNERS
HOUSTON, Nov. 13, 2012 - Kinder Morgan Energy Partners, L.P. (NYSE: KMP), today announced that it has closed the previously announced transaction with Tallgrass Energy Partners, LP (Tallgrass) to sell Kinder Morgan Interstate Gas Transmission (KMIGT), Trailblazer Pipeline Company, the Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming, and the company's 50 percent interest in the Rockies Express Pipeline (REX). KMP received approximately $1.8 billion in cash from the transaction. Including the proportionate amount of REX debt, this amount is equivalent to a value of $3.3 billion. All proceeds will be used to retire debt.
"The employees of the entities being divested truly went the extra mile to get this transaction across the finish line, and I appreciate their diligence and hard work", said Kinder Morgan Chairman and CEO Richard D. Kinder. "Furthermore, I want to thank them for their outstanding service as Kinder Morgan employees".
Tallgrass is owned by The Energy & Minerals Group, Kelso & Company and the management team of Tallgrass, including CEO David G. Dehaemers, Jr.
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) is a leading pipeline transportation and energy storage company and one of the largest publicly traded pipeline limited partnerships in America. It owns an interest in or operates approximately 53,000 miles of pipelines and 180 terminals. The general partner of KMP is owned by Kinder Morgan, Inc. (NYSE: KMI). Kinder Morgan is the largest midstream and the third largest energy company in North America with a combined enterprise value of approximately $100 billion. It owns an interest in or operates approximately 75,000 miles of pipelines and 180 terminals. Its pipelines transport natural gas, gasoline, crude oil, CO2 and other products, and its terminals store petroleum products and chemicals and handle such products as ethanol, coal, petroleum coke and steel. KMI owns the general partner interest of KMP and El Paso Pipeline Partners, L.P. (NYSE: EPB), along with
(more)
limited partner interests in KMP, and EPB and shares in Kinder Morgan Management, LLC (NYSE: KMR). For more information please visit www.kindermorgan.com.
This news release includes forward-looking statements. These forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, based on information currently available to them. Although Kinder Morgan believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance that such assumptions will materialize. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein include those enumerated in Kinder Morgan's reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they were made, and except to the extent required by law, Kinder Morgan undertakes no obligation to update or review any forward-looking statement because of new information, future events or other factors. Because of these uncertainties, readers should not place undue reliance on these forward-looking statements.
CONTACTS
Media Relations
Investor Relations
Richard Wheatley
Mindy Mills Thornock
(713) 420-6828
(713) 369-9490
richard_wheatley@kindermorgan.com
mindy_thornock@kindermorgan.com
www.kindermorgan.com
###
2

text: KMP

text: Kinder Morgan Energy Partners, L.P.

text: KMP

text: Tallgrass Energy Partners, LP

text: Trailblazer Pipeline Company

text: Casper-Douglas natural gas processing

text: West Frenchie Draw treating facilities

text: KMP

text: Kinder Morgan Energy Partners, L.P.

text: KMP

text: KMP

text: KMP

text: KMP


text:
EX-99.2
3
a51030584ex99_2.htm
EXHIBIT 99.2
Exhibit 99.2
Alaska
Communications Completes the Sale of its Wireless Business
-Net
proceeds being used to deleverage balance sheet, achieving one of the
lowest leverage levels in the industry-
ANCHORAGE, Alaska--(BUSINESS WIRE)--February 2, 2015--Alaska
Communications (NASDAQ:ALSK), has closed the sale of its wireless assets
to General Communication, Inc. (NASDAQ:GNCMA). Net proceeds from this
transaction will be used to pay down debt. A stronger balance sheet,
combined with revenue and earnings growth, better positions the company
to pursue additional opportunities to create shareholder value.
"We can now focus on our business broadband and managed IT solutions
strategy, which provides our greatest areas of growth and highest levels
of profitability. Our broadband assets are already yielding
industry-leading revenue growth. As we focus our attention and resources
on reliable broadband and managed IT solutions, we look to be the
partner of choice for Alaska businesses fortifying our customer
relationships by delivering improved service", said Alaska
Communications President and CEO Anand Vadapalli.
"When we announced this transaction in December 2014, we said that by
eliminating the negative margins associated with the retail wireless
business and by realizing additional synergies, we were targeting a
pro-forma run-rate EBITDA of $54 million and a leverage ratio of 3.1x
annual EBITDA. The operational plan to perform at or better than these
levels is underway. We will provide a comprehensive update of this plan
at our 2014 earnings conference call scheduled for Thursday, March 5,
2015", said Alaska Communications CFO Wayne Graham.
Alaska Communications Fourth Quarter and Full Year 2014 Financial
Results
Further information about the benefits of the transaction, including the
final net proceeds and the plan to achieve synergies will be provided
during the Fourth Quarter and Full Year 2014 Financial Results earnings
call. The Company will release financial results for the fourth quarter
and full year 2014 shortly after markets close Wednesday March 4, 2015.
The company will host a conference call and live webcast Thursday, March
5, 2015, at 5:00 p.m. Eastern time to discuss the results. The live
webcast will include a slide presentation. Parties in the United States
and Canada can access the call at 1-888-554-1422 and enter passcode
563023. All other parties can access the call at 1-719-457-2663.
The live webcast of the conference call will be accessible from the
"Events Calendar" section of the Company's website (
www.alsk.com
).
The webcast will be archived for a period of 90 days. A telephonic
replay of the conference call will also be available two hours after the
call and will run until April 6, 2015 at 4:00 p.m. Eastern Time. To hear
the replay, parties in the United States and Canada can call
1-888-203-1112 and enter pass code 1673988 9717877. All other parties
can call 1-719-457-0820 and enter pass code 1673988 9717877.
About Alaska Communications
Alaska Communications (NASDAQ:ALSK) is a leading provider of advanced
broadband and managed service solutions for businesses and consumers in
Alaska. The Company operates a highly reliable, advanced statewide data
and voice network with the latest technology and the most diverse
undersea fiber optic system connecting Alaska to the contiguous United
States. For more information, visit
www.alaskacommunications.com
or
www.alsk.com
.
Non-GAAP Financial Measures
This release includes information related to management's estimate of
adjusted EBITDA. Adjusted EBITDA, in this context, may not be consistent
with EBITDA measures used by other companies, are not measurements under
generally accepted accounting principles (GAAP) and should not be
considered a substitute for other measures of financial performance
recorded in accordance with GAAP. Management of Alaska Communications
believes that EBITDA provides useful information to investors. Due to
the complexities of estimating cash from operations in future periods,
the company is not able to provide a reconciliation of adjusted EBITDA
to its nearest GAAP measure.
Forward-Looking Statements
This release includes certain "forward-looking statements", as that term
is defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on management's beliefs as
well as on a number of assumptions concerning future events made using
information currently available to management. Readers are cautioned not
to put undue reliance on such forward-looking statements, which are not
a guarantee of performance and are subject to a number of uncertainties
and other factors, many of which are outside Alaska Communications
control. For further information regarding risks and uncertainties
associated with the company's business, please refer to Alaska
Communications' SEC filings.
CONTACT:
Investor Relations:
Alaska Communications
Tiffany
Dunn, 907-564-7556
Manager, Board and Investor Relations
ACSInvestors@acsalaska.com

text:
Alaska
Communications

text: Wireless Business

text:
Alaska
Communications

text: wireless

text: General Communication, Inc.

text:
Alaska
Communications

text: Alaska Communications

text: Alaska Communications

text: Alaska Communications

text: Alaska Communications

text: Alaska Communications

text: Alaska Communications

text:
Alaska
Communications

text: Alaska Communications


text:
EX-99.1
9
ex-99_1.txt
Exhibit 99.1
THE KNOCKOUT GROUP, INC.
100 W. WHITEHALL AVE.
Chicago, IL. 60164
FOR IMMEDIATE RELEASE CONTACT: E.dali Pollard
Senior Manager,
Investor Relations
708-273-6900, x113
koir@theknockoutgroup.com
edali@theknockoutgroup.com
THE KNOCKOUT GROUP, INC., MARKETER OF GEORGE FOREMAN'S KNOCK-OUT(R) CLEANERS,
COMPLETES REVERSE TRIANGULAR MERGER WITH UNITED NETWORK MARKETING SERVICES, INC.
NORTHLAKE, ILL., DEC. 28, 2004 - The Knockout Group, Inc., ("Knockout")
www.knockoutcleaning.com., a privately held company that is the exclusive
developer and marketer of George Foreman's Knock-Out(R) line of non-toxic,
people-friendly cleaners and disinfectant, today completed a merger with a
wholly owned subsidiary of United Network Marketing Services, Inc., ("United") a
Delaware corporation. Knockout is now a wholly owned subsidiary of United whose
common stock is trading on the OTCBB under the symbol, "UMKG." Following the
merger United will change its name to Knockout Holdings, Inc. and will apply to
the OTC Bulletin Board for a new trading symbol.
John Bellamy, Chairman and CEO stated "The closing of this transaction was
integral to our overall growth plan and will allow knockout access to capital
markets as a public company".
The Knockout Group pre-launched its line of George Foreman's Knock-Out(R)
household cleaners and disinfectant in August 2004, and already has product
placements in more than 7,000 stores, including Albertson's, Duckwall, Publix,
Target, Walgreen's and the military exchanges. The company plans to officially
launch its household products line during the first quarter of 2005, followed by
the George Foreman's Knock-Out(R) automotive cleaninG products line in mid-2005.
George Foreman, a two-time World Boxing Champion, gained marketing icon status
by selling over 55 million Foreman Grills. Foreman agreed to serve in a similar
role for The Knockout Group because of the powerful, yet "people-friendly"
nature, of the company's products. State-of-the-art, patent-pending
Encapsulation(TM) technologY is used to create multiple-use cleaning products
that do not contain harmful chemicals. The Knockout(R) product line also
includes a botanical disinfectant with 99.99 percent effectiveness in killing
bacteria on food contact surfaces and children's toys.
LEGAL NOTICE TO INVESTORS: Certain matters discussed in this news release are
"forward-looking statements" intended to qualify for the safe harbors from
liability established by the Private Securities Litigation Reform Act of 1995.
These forward-looking statements, which apply only on the date of this release,
generally can be identified by the use of forward-looking terminology such as
"may", "will", "expects", "intends", "estimates", "anticipates", "believes,"
"continues" or words of similar import. Similarly, statements that describe the
company's future plans, objectives or goals are also forward-looking statements,
which generally involve known and unknown risks, uncertainties and other facts
that may cause the actual results, performance or achievements of the company to
be materially different from those expressed or implied by such forward-looking
statements. Such factors may include the following: competitive responses to the
company's products; an inability to satisfy market demand; regulatory matters,
insufficient product volumes and quality provided by suppliers; continued
effectiveness of celebrity-based advertising and marketing; availability of
capital to fund expansion; ability to maintain intellectual property; general
economic, business and market conditions; continued retention of key personnel
and their success in executing the business plan; maintenance of key trademarks,
patents and licenses, and success of the company's exclusive endorsement and
licensing arrangement with George Foreman. For a listing of risks applicable to
the future prospects of the company, please refer to the company's reports filed
with the SEC.
"Knock-Out" is a federally registered trademark of The Knockout Group, Inc.
# # #

text: THE KNOCKOUT GROUP, INC.

text: THE KNOCKOUT GROUP, INC.

text: UNITED NETWORK MARKETING SERVICES, INC.

text: The Knockout Group, Inc.

text: United Network Marketing Services, Inc.

text: John Bellamy

text: The Knockout Group, Inc.