text:
EX-99.1
3
lfap_ex991.htm
PRESS RELEASE
lfap_ex991.htm
EXHIBIT 99.1
LifeApps® Digital Media Announces Acquisition of Sports One Group
Sports One Group, a digital wholesale marketer and seller of promotional and team athletic apparel, joins the LifeApps Digital Media family of community based e-commerce and m-commerce tools for sports, health and fitness enthusiasts.
SAN DIEGO--(BUSINESS WIRE)--
LifeApps Digital Media Inc.
(OTCQB: LFAP) ("LifeApps"), an emerging growth company and designer of applications ("apps"), new media, products and next-generation social networks for sports, health, fitness and entertainment enthusiasts, is pleased to announce the acquisition of Sports One Group and Performance Gear ("Sports One Group"), a wholesale supplier to the promotional products industry providing athletic apparel, uniforms and decorating services. Effective as of April 1, 2013, LifeApps has acquired certain assets of Sports One Group, including a supplier base of leading fitness apparel designers and over 1,300 valued and consistent customers.
"We believe this is a great acquisition for LifeApps and a step towards expanding our physical and digital products across our sports, health and fitness based communities", said Robert Gayman, CEO of Life Apps. "Through this new digital platform, we can now service the promotional and sports industries, the sporting goods sector and individual health enthusiasts with our diverse family of e-commerce and m-commerce fitness products. We are confident that the LifeApps team will be able to enhance and improve the current e-commerce business of Sports One Group and build an m-commerce solution for the business in the near future. In addition, the acquisition of Sports One Group will provide an immediate revenue stream to the Company".
"We see this as a great opportunity to drive increased revenue for LifeApps", said Zoë Sophos, newly appointed Director of Sports One Group. "We look forward to continuing the strong performance and growth of Sports One and its unique business model".
The promotional products industry is a large, quickly expanding industry with annual revenue of nearly $18 billion. Sports One Group caters to a niche market, focused on supplying sports teams with high quality, personalized athletic apparel. Sports One has a large, national, well-defined customer base with strong year-over-year sales growth and strong buying power, and offers unique value-added services and expertise. We believe Sports One Group is in a unique position to offer value added service and custom order creation to sport-specific buyers. Sports One Group is a respected member of the leading promotional apparel trade organizations, including Advertising Specialty Institute and Promotional Products Association International.
About LifeApps Digital Media Inc.
LifeApps is a digital media company focusing on health, fitness, sports publications, and next-generation social networks. The company is a leading, authorized developer, publisher and licensee for Apple iOS - iPhone, iPod Touch, and iPad - and Android tablets on Google Play and Kindle Fire and Androids via Amazon Mobile Marketplace. Health, fitness and sports enthusiasts can benefit from the expertise of top-tier sports physicians, performance fitness trainers and professional athletes through LifeApps® multi-sport and fitness publications and mobile apps. These subject matter experts create the skills, drills and workouts that are featured in the family of LifeApps® Digital Media products and publications.
For more information about LifeApps, please visit: http://www.lifeappsmedia.com
1
Forward-Looking Statements
This release contains "forward-looking statements" as that term is used under the federal securities laws. Such statements may be identified by the use of words such as "anticipate", "believe", "expect", "future", "may", "will", "would", "should", "plan", "projected", "intend", and similar expressions. These forward-looking statements are subject to various risks and uncertainties that could cause LifeApps' actual results to differ materially from those currently anticipated, including risks and uncertainties relating to the Company's business, product development, marketing and distribution plans and strategies. These and other factors are identified and described in more detail in the Company's filings with the Securities and Exchange Commission (the "SEC") including the Company's current report on Form 8-K relating to the reverse merger filed with the SEC on September 25, 2012. The Company does not undertake to update these forward-looking statements.
Company Contact
LifeApps Digital Media
5752 Oberlin Dr. Ste. 106
San Diego, CA 92121
info@lifeappsmedia.com
858-952-5715
2

text: LifeApps® Digital Media

text: Sports One Group

text: Sports One Group

text: LifeApps Digital Media

text: LifeApps Digital Media

text: LifeApps

text: Sports One Group

text: Sports One Group

text: LifeApps

text: Sports One Group

text: LifeApps

text: Robert Gayman

text: LifeApps

text: Sports One Group

text: Sports One Group

text: LifeApps

text: Sports One Group

text: Sports One Group

text: Sports One Group

text: Sports One Group

text: LifeApps Digital Media

text: LifeApps

text: LifeApps

text: LifeApps® Digital Media

text: LifeApps

text: LifeApps

text: LifeApps Digital Media


dataset: buster

text:
EX-99.2
3
a19-5985_1ex99d2.htm
EX-99.2
Exhibit 99.2
Confidential - Not for External Distribution
Synergy Pharmaceuticals Announces Completion of Sale to Bausch Health
NEW YORK, March 6, 2019 - Synergy Pharmaceuticals Inc. (NASDAQ: SGYP) (the "Company" or "Synergy"), a biopharmaceutical company focused on the development and commercialization of novel gastrointestinal (GI) therapies, today confirmed that the previously announced sale of certain assets to Bausch Health Companies Inc. is now complete. All rights to TRULANCE® (plecanatide), dolcanatide and the related intellectual property have been transferred to Bausch Health.
Synergy on December 12, 2018, initiated voluntary proceedings under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York to facilitate a sale and address its debt obligations. Additional information about Synergy's Chapter 11 cases can be found at https://cases.primeclerk.com/Synergy.
Synergy is advised in this transaction by Skadden, Arps, Slate, Meagher & Flom LLP,
Sheppard, Mullin, Richter & Hampton LLP, Centerview Partners, FTI Consulting, and Togut, Segal & Segal LLP.
Forward-Looking Statements
This press release contains forward-looking statements, which are based on our current expectations, estimates, and projections about the businesses and prospects of the Company and its subsidiaries ("we" or "us"), as well as management's beliefs, and certain assumptions made by management. Words such as "anticipates", "expects", "intends", "plans", "believes", "seeks", "estimates", "may", "should", "will" and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason. These statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Forward-looking statements discuss, among other matters:
risks and uncertainties associated with Chapter 11 proceedings; the negative impacts on our business as a result of filing for and operating under Chapter 11 protection; the time, terms and ability to confirm a Chapter 11 plan of reorganization for our business; the unpredictability of our financial results while in Chapter 11 proceedings; our ability to discharge claims in Chapter 11 proceedings; negotiations with the holders of our indebtedness and our trade creditors; risks and uncertainties with performing under the terms of the debtor-in-possession ("DIP") financing arrangements and any other arrangement with lenders or creditors while in Chapter 11 proceedings; the forecasted uses of funds in the Company's DIP budgets; our ability to fund ongoing operations through the applicable DIP financing arrangements; the use of the funds anticipated to be received in the DIP financing arrangements; the ability to control costs during Chapter 11 proceedings; the risk that our Chapter 11 Cases may be converted to cases under Chapter 7 of the Bankruptcy Code; the ability of the Company to preserve and utilize the NOLs following Chapter 11 proceedings; any statements or assumptions underlying any of the foregoing as well as those risks and uncertainties disclosed under the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Forms 10-Q filed with the Securities and Exchange Commission ("SEC") on May 10, 2018, August 8, 2018 and November 9, 2018 and Form 10-K filed with the SEC on March 1, 2018, and similar disclosures in subsequent reports filed with the SEC. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors
.
About Synergy Pharmaceuticals
Synergy is a biopharmaceutical company focused on the development and commercialization of novel gastrointestinal (GI) therapies. The company has pioneered discovery, research and development efforts around analogs of uroguanylin, a naturally occurring human GI peptide, for the treatment of GI diseases and disorders. Synergy's proprietary GI platform includes one commercial product TRULANCE®
1
(plecanatide) and a second product candidate - dolcanatide. For more information, please visit www.synergypharma.com.
Media and Investor Contact:
Helen O'Gorman, FTI Consulting
212.850.5629
Helen.O'Gorman@fticonsulting.com
2

label: organization

text: Synergy Pharmaceuticals

text: Bausch Health

text: Synergy Pharmaceuticals Inc.

text: Bausch Health Companies Inc.

text: Bausch Health

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source_dataset: expertai/BUSTER

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


text:
EX-99.1
3
a08-24552_1ex99d1.htm
EX-99.1
Exhibit 99.1
News
Announcement
For
Immediate Release
For more information contact:
Omar Choucair
Joseph Jaffoni
Chief
Financial Officer
Jaffoni &
Collins Incorporated
DG FastChannel, Inc.
212/835 8500 or
dgit@jcir.com
972/581-2000
DG
FASTCHANNEL
®
COMPLETES ACQUISITION OF
ENLIVEN
MARKETING TECHNOLOGIES
-
DG FastChannel Brings Integrated Advertising Solutions for the Transition
from
Traditional Analog Processes to Digital Media Solutions -
-
Unicast and Springbox Now Independent Operating Units of DG FastChannel -
-
DG FastChannel to Realize Substantial Operational and Financial Synergies -
DALLAS, TX (October 2,
2008) -
DG FastChannel, Inc.
(NASDAQ:
DGIT), a leading provider of digital media services to the advertising and
broadcast industries, announced today that its acquisition of Enliven Marketing
Technologies Corporation (NASDAQ: ENLV) was completed. Valued at approximately $71 million,
inclusive of approximately $5.0 million of debt, the Company merged with
Enliven in a stock-for-stock transaction.
Scott K. Ginsburg,
Chairman and CEO of
DG FastChannel
,
commented, "This transaction combines
DG FastChannel
's
leadership in
traditional advertising and media distribution services with
Unicast
's unique digital marketing
technologies and the creative digital marketing solutions brought to the market
by
Springbox
. As we
look forward, the Company is participating in the fastest growing
verticals in the advertising industry: HD advertising distribution, rich media
for online and mobile advertising, and digital marketing and creative
services. This expanded product mix
diversifies our revenue sources and leverages our nationwide operating
platform. Our customers and shareholders
are the beneficiaries of this expansion.
Unicast
Unicast
technology enables publishers, advertisers, and their agencies to manage the
complex process of deploying online and mobile advertising campaigns. This process includes creating the
advertising assets, selecting the sites on which the advertisements will be
deployed, setting the campaign parameters (ad rotation, the frequency with
which an ad may be deployed, and other metrics), deployment, and tracking
campaign results.
Unicast
was designed to integrate creative
assembly with campaign management and detailed performance analysis.
-more-
In addition,
Unicast
has
broad capabilities to deliver ad formats and media types, including several
different video formats, 3-D content, and all classic and custom rich media ad
units.
Unicast
is technology agnostic, delivering
advertisements that work seamlessly with all industry technologies and formats.
Springbox
Springbox
is an interactive services agency that provides best-in-class digital marketing
and creative solutions. Serving clients
of all sizes,
Springbox
helps
translate corporate identity into digital assets that enhance the brand,
captivate customers and drive business.
The company generates exceptional results through a combination of
smart, big-picture strategy and a clear focus on execution.
Springbox
has built interactive teams for AMD, Callaway Golf, Dell, Disney, LG, General
Electric and Toyota.
Unicast
and
Springbox
divisions will
become independent operating units within
DG FastChannel
.
Mr. Ginsburg added, "
DG FastChannel
now has over 850 employees
focused on digital media services for Fortune 500 advertisers and virtually
every advertising agency. We believe
this represents the largest workforce ever assembled to support the constantly
growing demands of brand owners whose marketing campaigns rely on television,
the Internet or mobile devices. With the
advent of HD advertising and the move to rich media advertising
DG FastChannel
is focused on delivering
integrated advertising solutions for the seamless transition from traditional
analog processes to digital media solutions".
Under the terms
of the merger agreement
each outstanding share of Enliven common stock
is being exchanged for 0.033 shares of
DG
FastChannel
common stock. In
aggregate,
DG FastChannel
is
issuing approximately 2.9 million shares of its common stock (exclusive of the approximately 10.75 million
Enliven shares already owned by
DG
FastChannel
). Reflecting the completion of the merger,
DG FastChannel
has approximately 20.9
million shares of common stock outstanding and Enliven has become a
wholly-owned subsidiary of
DG FastChannel
.
DG
FastChannel
expects to achieve operating and financial
synergies based on the combination of the respective operating strategies of
the Company and Enliven. The new
combined company expects to realize approximately $3 million of cost savings in
its first full year of operation as a combined entity through the elimination
of duplicative corporate overhead.
Concurrently,
DG FastChannel
expects to make substantial investments in upgrading the
Unicast
sales organization and enhancing
its ad delivery software platform.
2
Pursuant to the revised
merger agreement
DG FastChannel
's
Board of Directors will be increased from seven to eight members, with Harvey
D. Weatherson, previously Enliven's Non-Executive Chairman, joining
DG FastChannel
's Board of Directors.
About DG FastChannel
DG FastChannel
provides innovative, technology-based solutions to help advertisers and
agencies work faster, smarter and more competitively.
DG FastChannel
delivers the standard in digital media services to the advertising, broadcast
and publishing industries. Through its
Unicast
and
Springbox
operating units,
DG
FastChannel
is also a leading
Internet marketing technology company offering online marketing and advertising
solutions through a powerful combination of proprietary visualization
technology, and a premium rich media advertising platform for the creation,
delivery and reporting of premium rich media.
The Company utilizes
satellite and Internet transmission technologies and has deployed a suite of
digital media intelligence and asset management tools designed specifically for
the advertising industry, including creative and production resources, and
digital asset management. The Company has an online media distribution network
used by more than 5,000 advertisers and agencies, and over 21,000 online radio,
television, cable, network and print publishing destinations. For more information visit www.dgfastchannel.com.
Safe Harbor for Forward-Looking
Statements
Statements in this Press
Release may contain certain forward-looking statements relating to
DG FastChannel
and its expectations for achieving operating
and financial synergies as it integrates Enliven Marketing Technologies into its operating structure. All statements included in this press release
concerning activities, events or developments that
DG
FastChannel
expects, believes or anticipates will or may occur in
the future are forward-looking statements.
Actual results could differ materially from the results discussed in the
forward-looking statements.
Forward-looking statements are based on current expectations and
projections about future events and involve known and unknown risks,
uncertainties and other factors that may cause actual results and performance
to be materially different from any future results or performance expressed or
implied by forward-looking statements, including the risk that the operations
will not be integrated successfully and the risk that the expected cost savings
and other synergies from the transaction may not be fully realized, realized at
all or take longer to realize than anticipated.
Additional information on these and other risks, uncertainties and
factors is included in
DG FastChannel's
annual report on Form 10-K, quarterly reports on Form 10-Q, current
reports on Form 8-K and other documents filed with the SEC.
# # #
3

label: person

text: Joseph Jaffoni

text: DG FastChannel, Inc.

text:
DG
FASTCHANNEL

text:
ENLIVEN
MARKETING TECHNOLOGIES

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel, Inc.

text: Enliven

text: Scott K. Ginsburg

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: Enliven

text:
DG
FastChannel

text: DG FastChannel

text: Enliven

text:
DG
FastChannel

text: DG FastChannel

text: Enliven

text: DG FastChannel

text:
DG
FastChannel

text: Enliven

text: DG FastChannel

text: DG FastChannel

text: Enliven

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text: DG FastChannel

text:
DG
FastChannel

text: DG FastChannel

text: Enliven Marketing Technologies

text:
DG
FastChannel

text: DG FastChannel


text:
EX-99.1
2
exhibit1.htm
EX-99.1
EX-99.1
Exhibit 99.1
Cohu Sells Littleton, Massachusetts Facility
POWAY, California, May 8, 2006 - Cohu, Inc. (NASDAQ:COHU) today announced it sold the land and
building previously used by its Delta Design subsidiary's operations in Littleton, Massachusetts.
The majority of these operations were consolidated into Delta Design's facility in Poway,
California in 2003 and 2004. The property was sold for $6.5 million in cash, less related costs,
resulting in a net pretax gain of approximately $3.0 million, that will be recorded in Cohu's
second fiscal quarter of 2006.
About Delta Design, Inc., a Cohu Company
Delta Design, a subsidiary of Cohu, Inc., in Poway, California, is a leader in the design,
development, manufacture and sale of semiconductor test handling equipment. Cohu is also a supplier
of closed circuit television, metal detection and microwave communications equipment.
For press releases and other information of interest to investors, please visit Cohu's website at
www.cohu.com. Contact: John Allen - Investor Relations (858) 848-8106; Sales (978) 486-1060 or
visit www.deltad.com.
.

text: Cohu

text: Cohu, Inc.

text: COHU

text: Cohu

text: Cohu

text: Cohu, Inc.

text: Cohu

text: Cohu


text:
EX-99.1
2
a15-25418_1ex99d1.htm
EX-99.1
Exhibit 99.1
Pandora Completes Acquisition of Rdio technology, IP
Welcomes nearly 100 former Rdio employees to the company
OAKLAND, Calif.- Dec. 23, 2015 - Pandora (NYSE:P), the world's most powerful music discovery platform, today announced it has completed its acquisition of technology and intellectual property from Rdio. The company will also add nearly 100 former Rdio employees to its product, engineering and content licensing teams.
This move will accelerate Pandora's plan to substantially broaden its subscription business and roll out a multi-tier product offering by late 2016. With its industry-leading Internet radio product, the recent acquisition of Ticketfly and the great talent, technology and IP of Rdio, the company will bring to bear a technology stack, monetization engine and data asset without peer.
Rdio sought protection in the United States Bankruptcy Court for the Northern District of California and began to wind down its business and release employees accordingly. Rdio discontinued their service as of December 22, 2015. Pandora's acquisition of technology and talent from Rdio was subject to the approval of the Court, which was obtained on December 22, 2015. The purchase price is $75 million in cash, subject to certain purchase price adjustments.
Pandora's agreement to acquire key assets and talent from Rdio was originally announced on November 16, 2015.
ABOUT PANDORA
Pandora is the world's most powerful music discovery platform - a place where artists find their fans and listeners find music they love. We are driven by a single purpose: unleashing the infinite power of music by connecting artists and fans, whether through earbuds, car speakers, live on stage or anywhere fans want to experience it. Our team of highly trained musicologists analyze hundreds of attributes for each recording which powers our proprietary Music Genome Project®, delivering billions of hours of personalized music tailored to the tastes of each music listener, full of discovery, making artist/fan connections at unprecedented scale. Founded by musicians, Pandora empowers artists with valuable data and tools to help grow their careers and connect with their fans.
www.pandora.com | Pandora Blog | Pandora LinkedIn | @PandoraPulse
Pandora
Dominic Paschel, 510-842-6960
Corporate Finance & Investor Relations
investor@pandora.com
or
Will Valentine, 415-377-5221
Pandora Corporate Communications
wvalentine@pandora.com

text: Pandora

text: Rdio technology, IP

text: Rdio

text: Pandora

text: Rdio

text: Rdio

text: Pandora

text: Rdio

text: Rdio

text: Rdio

text: Pandora

text: Rdio

text: Pandora

text: Rdio

text: PANDORA

text: Pandora

text: Pandora

text: Pandora

text: Pandora

text: Pandora

text: Pandora


text:
EX-99.1
2
nvl-8xkxexh991xnovelisaler.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
News Release
Novelis Completes Acquisition of Aleris
Transaction diversifies product portfolio with addition of aerospace; enhances strategic position in Asia
ATLANTA, April 14, 2020 -- Novelis Inc., the world leader in aluminum rolling and recycling, today announced the completion of its acquisition of Aleris Corporation, a global supplier of rolled aluminum products. As a result, Novelis is now even better positioned to meet increasing customer demand for aluminum by expanding its innovative product portfolio; creating a more skilled and diverse workforce; and deepening its commitment to safety, sustainability, quality and partnership.
"The Aleris deal marks a major milestone for Novelis, on its path to global leadership. The closure of this deal amidst challenging market conditions, reflects our conviction in the Aleris business and its value to our metals portfolio. Periods of turmoil have historically seen the emergence of champions, powered by quality leadership and sound business fundamentals. This is a long- term strategic bet, much like Novelis was in 2007", said Kumar Mangalam Birla, Chairman Aditya Birla Group and Novelis. "The Aleris deal crucially enables the further diversification of our metals portfolio into other premium market segments, most notably aerospace. Through the creation of an industry champion, we are reinforcing our commitment to our customers, employees and shareholders. At the same time, with this further expansion in our aluminum portfolio, we have taken a decisive step towards a more sustainable future".
With the addition of Aleris' operational assets and workforce, Novelis is poised to more efficiently serve the growing Asia market by integrating complementary assets in the region including recycling, casting, rolling and finishing capabilities. The company will also add aerospace to its portfolio and enhance its ability to continue to bring innovative products to market, by strengthening its research and development capabilities and deliver on its purpose of shaping a sustainable world together.
"Today is a transformational moment in our company's history, and I've never been more confident in our ability to deliver even more value to our customers, colleagues and the communities where we live and work", said Steve Fisher, President and CEO, Novelis Inc. "With a world-class workforce, a presence in the most competitive and technically demanding end-
markets, and the ability to deliver rapid, adaptive and sustainable solutions, Novelis will be able to even better serve our customers".
Beyond its many strategic benefits, the acquisition will generate approximately $150 million in synergies and creates a strong financial profile. In addition, combined net debt to Adjusted EBITDA of approximately 3.3x is within the recently updated guidance of below 3.5x and well below the initial outlook of below 4x when the transaction was announced.
The closing purchase price of $2.8 billion consists of $775 million for the equity value, as well as approximately $2.0 billion for the assumption or extinguishment of Aleris' current outstanding debt and a $50 million earn-out payment. Legacy Aleris debt levels have increased since the initial acquisition announcement due to rise in working capital to support the ramp up of operations, while the earn-out is related to stronger than expected performance by Aleris' U.S. business. On a trailing twelve-month basis ending December 31, 2019, standalone Aleris Adjusted EBITDA stood at $388 million, higher than that estimated at the time of deal announcement. Despite increased legacy debt, the implied enterprise value multiple of 7.2x, is in line with our acquisition case, on account of better EBITDA performance.
"This acquisition strengthens Novelis' leadership position in the aluminum industry and clearly defines Hindalco Industries as the preeminent company in the global metals sector", said Satish Pai, Managing Director of Hindalco Industries and Director, Novelis Inc. "I am proud of the work the Novelis and Aleris teams have done to close this transaction and thereby position Novelis for future growth and success".
Novelis will acquire Aleris' 13 plants across North America, Europe and Asia; however, to satisfy regulatory conditions, the company is required to divest Aleris' plants in Lewisport, Kentucky, U.S.A., and Duffel, Belgium, as announced earlier.
View a video message from Novelis Inc., President and CEO Steve Fisher
here
.
About Novelis
Novelis Inc. is driven by its purpose to shape a sustainable world together. As a global leader in innovative products and services and the world's largest recycler of aluminum, we partner with customers in the automotive, beverage can and specialties industries to deliver solutions that maximize the benefits of sustainable lightweight aluminum throughout North America, Europe, Asia and South America. Novelis is a subsidiary of Hindalco Industries Limited, an industry leader in aluminum and copper, and the metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai, India. For more information, visit novelis.com.
About Aleris
Aleris is a privately held, global leader in aluminum rolled products serving diverse industries including aerospace, automotive, building and construction, commercial transportation and industrial manufacturing. Headquartered in Cleveland, Ohio, Aleris operates production facilities in North America, Europe and Asia.
Novelis and Aleris Financial Information
Any combined financial information included in today's release is preliminary, unaudited and does not give effect to adjustments that would be required under Article 11 of
Regulation S-X, does not give effect to purchase accounting adjustments and presentation requirements relating to Aleris' Lewisport, Kentucky and Duffel, Belgium plants as discontinued operations, and has not been reviewed by our independent registered public accounting firm. The company will provide required pro-forma financial information in a future filing on Form 8-K. Additional financial information about historical results for Novelis can be found in the investors section of the Novelis website,
http://investors.novelis.com/
, and in its filings with the SEC. Historical financial information for Aleris can be found in its filings with the SEC.
Forward-Looking Statements
Statements made in this news release which describe Novelis' intentions, expectations, beliefs or predictions may be forward-looking statements within the meaning of securities laws. Forward-looking statements include statements preceded by, followed by, or including the words "believes", "expects", "anticipates", "plans", "estimates", "projects", "forecasts", or similar expressions. Examples of forward looking statements in this news release include the impact of the acquisition on Novelis' ability to deliver even greater value to its constituencies, Novelis being poised to more efficiently serve the Asia market, Novelis' enhanced ability to bring innovative products to market, Novelis' strengthened R&D capabilities, the strategic benefits of the transaction and the expected synergies resulting from the acquisition. Novelis cautions that, by their nature, forward-looking statements involve risk and uncertainty and Novelis' actual results could differ materially from those expressed or implied in such statements. We do not intend, and we disclaim any obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise. Factors that could cause actual results or outcomes to differ from the results expressed or implied by forward-looking statements include, among other things, the factors included under the caption "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended March 31, 2019. In addition to factors previously disclosed in Novelis' reports filed with the SEC and those identified elsewhere in this press release, the following factors related to the Aleris acquisition, among others, could cause actual results to differ materially from forward-looking statements or historical performance: difficulties and delays in integrating the Aleris and Novelis businesses; and failing to fully realize anticipated cost savings and other anticipated benefits of the acquisition of Aleris.
# # #
Media Contact:
Investor Contact:
Matthew Bianco
Megan Cochard
1 404 760 4159
1 404 760 4170
matthew.bianco@novelis.adityabirla.com
megan.cochard@novelis.adityabirla.com

text: Novelis

text: Aleris

text: Novelis Inc.

text: Aleris Corporation

text: Novelis

text: Aleris

text: Novelis

text: Aleris

text: Novelis

text: Kumar Mangalam Birla

text: Novelis

text: Aleris

text: Aleris

text: Novelis

text: Steve Fisher

text: Novelis Inc.

text: Novelis

text: Aleris

text: Aleris

text: Aleris

text: Aleris

text: Novelis

text: Satish Pai

text: Novelis Inc.

text: Novelis

text: Aleris

text: Novelis

text: Novelis

text: Aleris

text: Aleris

text: Novelis Inc.

text: Steve Fisher

text: Novelis

text: Novelis Inc.

text: Novelis

text: Aleris

text: Aleris

text: Aleris

text: Novelis

text: Aleris

text: Aleris

text: Novelis

text: Novelis

text: Aleris

text: Novelis

text: Novelis

text: Novelis

text: Novelis

text: Novelis

text: Novelis

text: Novelis

text: Novelis

text: Aleris

text: Aleris

text: Novelis

text: Aleris


text:
EX-99.1
4
c991.htm
PRESS RELEASE DATED DECEMBER 15, 2008
c991.htm
Exhibit
99.1
Capital
City Energy Group, Inc. Continues to Expand Reserve Base through the acquisition
of
Interests
in 31 Oil and Natural Gas Wells for more than 1.4 million dollars
COLUMBUS,
Ohio--(BUSINESS WIRE)--Capital City Energy Group Inc. (OTCBB:
CETG
-
News
) announced today
that it has expanded its reserve base through the strategic
acquisition of interests in thirty-one (31) oil and natural gas wells located in
five different Basins in the continental United States that have generated
significant amounts of oil and gas production. Capital City purchased
the interests in the thirty-one (31) wells for $1,466,988, which are operated by
numerous producers. Eighteen (18) of the wells are located in the
Gulf Coast Basin, six (6) wells are located in the Denver-Julesberg Basin, three
(3) wells are located in the prolific Barnett Shale in the Ft. Worth Basin,
three (3) wells are located in the Arkoma Basin and one (1) well is located in
the Appalachian Basin.
"Our
acquisition of interests in these 5 basins reflects the execution of our
strategic plan to develop a diversified portfolio of low-risk oil and natural
gas properties. We will continue to seek investment opportunities that represent
attractive ways to generate cash flow for our shareholders and will continue to
aggressively purchase interests in oil and natural gas wells while the commodity
prices remain low" said Timothy Crawford, CEO of Capital City Energy
Group.
About Capital City Energy Group,
Inc
.
Based in
Columbus, Ohio, Capital City is a diversified oil and natural gas company with
three separate divisions. Capital City is evolving from being an innovative
leader in the design, management and sponsorship of retail and institutional
direct participation energy programs to become one of the few vertically
integrated independent oil & natural gas companies. Their strategy is to
continue to grow a portfolio of core areas which provide growth opportunities
through grass-roots drilling, operating, service companies, acquisitions and
fund management.
"Investing
in America's Energy Future"
Visit
Capital City Energy Group at
www.capcityenergy.com
.
Safe Harbor
Statement
Investors
and readers are cautioned that certain statements contained in this document, as
well as some statements in periodic press releases and some oral statements of
our officers and directors during presentations about our energy funds, along
with Capital City Energy Group's filings with the Securities and Exchange
Commission, including the Company's registration statements, quarterly reports
on Form 10-Q and annual report on Form 10-KSB, are "forward-looking" statements
within the meaning of the Private Securities Litigation Reform Act of 1995 (the
"Act"). Forward-looking statements include statements that are predictive in
nature, which depend upon or refer to future events or conditions, which include
words such as "expects", "anticipates", "intends", "plans", "could", "might",
"believes", "seeks", "estimates" or similar expressions. In addition, any
statements concerning future financial performance (including future revenues,
earnings or growth rates), ongoing business strategies or prospects, and
possible future actions, which may be provided by the Company's management, are
also forward-looking statements as defined by the Act. Forward-looking
statements are based on current expectations and projections about future events
and are subject to various risks, uncertainties and assumptions about Capital
City Energy Group, its technology, economic and market factors and the
industries in which the Company does business, among other things. These
statements are not guarantees of future performance and Capital City Energy
Group, Inc. undertakes no specific obligation or intention to update these
statements after the date of this release.

text:
Capital
City Energy Group, Inc.

text: 31 Oil and Natural Gas Wells

text: Capital City Energy Group Inc.

text: thirty-one (31) wells

text: Timothy Crawford

text:
Capital City Energy
Group, Inc.


text:
EX-99.1
2
exh99-1.htm
PRESS RELEASE DATED OCTOBER 1, 2009
JKHY Press Release October 1, 2009 Exh 99.1
Exhibit 99.1
Company:
Jack Henry & Associates, Inc.
Analyst Contact:
Kevin D. Williams
663 Highway 60, P.O. Box 807
Chief Financial Officer
Monett, MO 65708
(417) 235-6652
IR Contact:
Jon Seegert
Director of Investor Relations
(417) 235-6652
FOR IMMEDIATE RELEASE
JACK HENRY & ASSOCIATES AND GOLDLEAF FINANCIAL SOLUTIONS, INC.
COMPLETE ACQUISITION TRANSACTION
-
Goldleaf Receives Required Shareholder Approval; Integration of Companies Begins -
Monett, Mo. - October 1, 2009 - Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced that it has closed the transaction initiated to acquire Goldleaf Financial Solutions, Inc. (Nasdaq: GFSI), a provider of integrated technology-based solutions primarily for the financial services industry. As a result of the acquisition, Goldleaf Financial Solutions became a wholly owned subsidiary of Jack Henry & Associates and each outstanding share of GFSI common stock automatically converted into the right to receive $0.98 in cash.
Goldleaf will be assimilated into ProfitStars®, Jack Henry & Associates' third primary brand which was established to encompass the companies acquired to support its focused diversification strategy and to broaden its reach well beyond the company's traditional markets.
According to David Foss, president of ProfitStars, "This acquisition clearly supports our strategy to acquire companies that provide proven solutions that we can cross sell to our Jack Henry Banking™ and Symitar™ clients, that generate new cross-sale opportunities among our respective client bases, and that expand the specialized products and services ProfitStars sells to virtually any financial services organization regardless of core processing platform or asset size. This acquisition positions ProfitStars with a broader array of products and services, gives our clients and prospects more technology options, and immediately increases our market presence and potential".
Kevin Williams, CFO of Jack Henry & Associates, said, "We also expect this acquisition to increase the value we provide our shareholders. We anticipate significant near-term cost synergies and long-term organic revenue growth, and a more diversified revenue stream. This acquisition is expected to be slightly accretive in the first full year and improve as we recognize the full impact of estimated cost synergies".
This transaction received unanimous approval by the Goldleaf Board of Directors and majority approval by the company's shareholders.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (Nasdaq: JKHY) is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 9,800 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available
at www.jackhenry.com.
Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company' SEC filings that may cause actual results to differ materially from any forward-looking information.

text: Jack Henry & Associates

text: Jon Seegert

text: JACK HENRY & ASSOCIATES

text: GOLDLEAF FINANCIAL SOLUTIONS

text: Jack Henry & Associates

text: Goldleaf Financial Solutions, Inc.

text: Goldleaf Financial Solutions

text: Jack Henry & Associates

text: Jack Henry & Associates

text: David Foss

text: Kevin Williams

text: Jack Henry & Associates

text: Jack Henry & Associates

text: Jack Henry & Associates


text:
EX-99.1
2
ex_131859.htm
EXHIBIT 99.1
ex_131859.htm
Exhibit 99.1
For website
r
e
l
ease
:
Contact:
Jack H. Brier
President & Co-Founder
US Alliance Corporation
US Alliance Life and Security Company ("USALSC") completes purchase of Great Western Life.
USALSC announced today the Montana Commissioner of Securities & Insurance, Montana State Auditor approved its purchase of Great Western Life Insurance Company and renamed the corporation US Alliance Life and Security Company - Montana ("USALSC-Montana"). USALSC-Montana is the only Montana domiciled life insurance company.
USALSC-Montana was a wholly-owned subsidiary of Great Western Insurance Company, which is a wholly-owned subsidiary of American Republic Insurance Company, which is a wholly-owned subsidiary of American Enterprise Group, Inc., Des Moines, Iowa.
USALSC-Montana has approximately $2.2 million in assets which includes approximately $1,600,000 in statutory capital and surplus. The purchase price was $500,000.
Chairman and Co-Founder of US Alliance Corporation Jack H. Brier commented on the transaction, "USALSC-Montana expands the authority and footprint of our insurance operations from Kansas in 2013 to Missouri, Nebraska, Oklahoma, as well as Dakota Capital Life Insurance, a wholly-owned subsidiary, with authority in North and South Dakota. This acquisition adds Montana to our territory.
This transaction is accretive to US Alliance Corporation, and provides us with an exciting opportunity and platform for continued growth.
We are pleased the transaction has been approved and we look forward to serving Montanans".
US Alliance Corporation (
www.usalliancecorporation.com
) is a financial holding company located in Topeka, Kansas.
This transaction represents the second life insurance company acquisition by US Alliance Corporation. US Alliance Corporation is registered with the Securities and Exchange Commission, but its stock does not trade on an exchange.
US Alliance Life and Security Company (
www.usalliancelife.com
) received its certificate of authority from the Kansas Insurance Department and wrote its first policy May 1, 2013. Since that time, total premium and annuity deposits for Alliance Life and Security Company have been $38,570,988 through June 30, 2018.
The Board of Directors of US Alliance Corporation are Jack H. Brier, Rochelle Chronister, James Concannon, William P. Graves, and Kurt Scott.
The Board of Directors of USALSC-Montana are Jack H. Brier, Jeff Brown, James Concannon, William P. Graves, Danton Rice, and Kurt Scott.
US Alliance Corporation is owned by approximately 3,500 shareholders in Kansas and in North Dakota and has raised over $24.5 million in private and public offerings. As of September 30, 2018, US Alliance Corporation had total assets of $42,109,336. There is a current intrastate registration with the Kansas Securities Commission for 1.5 million shares and a private placement in North Dakota.

text: Jack H. Brier

text: US Alliance Life and Security Company

text: Great Western Life

text: Great Western Life

text: US Alliance Life and Security Company

text: Jack H. Brier

text: US Alliance Life and Security Company

text: Jack H. Brier

text: Jack H. Brier


text:
EX-99.1
2
ex99-1.htm
TEXT OF PRESS RELEASE ISSUED BY XHIBIT CORP., DATED SEPTEMBER 9, 2014.
ex99-1.htm
Exhibit 99.1
For Immediate Release
Media/Investor Contacts:
Jinine Martin
jmartin@xhibitcorp.com
602.744.6003
XHIBIT CORP AGREES TO SALE OF LOYALTY BUSINESS
COMPANY WILL CONTINUE TO FOCUS ON DIRECT TO CONSUMER CHANNEL
Phoenix, AZ (September 9, 2014) - Xhibit Corp, parent company of SkyMall, LLC, the purveyor of the iconic, in-flight catalog, SkyMall, and SkyMall.com, announced today that it has completed the sale of all of its interests in its loyalty business, SkyMall Ventures, LLC, to Connexions Loyalty, Inc., for a cash purchase price of approximately $24 million, plus up to $3.9 million in future contingent consideration.
"The sale of our loyalty business is bittersweet", said Xhibit Chief Executive Officer Kevin Weiss. "Along with an incredible group of loyalty partners, our employees have built a very solid business. We are pleased that our partners and employees are now part of Connexions Loyalty and will continue to grow and benefit from this new venture".
With the sale of the loyalty business, Xhibit Corp. plans to focus it attention on its direct to consumer business which is headlined by SkyMall.com and the SkyMall in-flight catalog. "Our attention now shifts to accelerating the SkyMall transformation that began earlier this year." Weiss continued. "We intend to leverage our well-know brand, re-dedicate ourselves to finding the "coolest stuff on the planet", and expand our reach through our digital initiatives".
Refer to the Xhibit Corp. 2013 Annual Report on Form 10-K and the Current Report on Form 8-K, each filed with the Securities and Exchange Commission on September 9, 2014 and available on the Xhibit Corp. website at http://www.xhibitcorp.com, for more information about the transaction and the impact of the transaction on the Xhibit Corp. business.
About Xhibit Corporation
Xhibit Corp. is the parent company of SkyMall, LLC, a multi-channel, direct marketer offering high-quality, innovative merchandise through the iconic SkyMall catalog and website, SkyMall.com. For more information see http://www.xhibitcorp.com.
About SkyMall Ventures, LLC
SkyMall Ventures, LLC is a provider of merchandise, gift cards and experiential rewards reaching millions of loyalty program members in various corporate and other loyalty programs throughout the United States.
Cautionary Statement Regarding Forward-Looking Information
This press release may contain certain "forward-looking statements" relating to the business of Xhibit Corp. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding the SkyMall business and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes", "expects", "intended" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results and ultimate corporate actions could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors including, but not limited to, those factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website http://www.sec.gov/. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
###

text: XHIBIT CORP

text: XHIBIT CORP

text: Xhibit Corp

text: SkyMall, LLC

text: SkyMall Ventures, LLC

text: Connexions Loyalty, Inc.

text: Xhibit Corp

text: Xhibit Corp

text: Xhibit Corp

text: Xhibit Corp

text: Xhibit Corp

text: SkyMall, LLC

text: SkyMall Ventures, LLC

text: SkyMall Ventures, LLC

text: Xhibit Corp


text:
EX-99.1
2
d77699dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
Pretium, Ares Management and Front Yard
Residential Complete First-Ever Single-Family
Rental Take-Private Transaction
Front Yard Poised to Capture Significant Market Opportunities for Uniquely Positioned SFR Assets
New York and Los Angeles - January
11, 2021
- Pretium and a group of its investors, and funds managed by the Real
Estate Equity and Alternative Credit strategies of Ares Management Corporation (NYSE: ARES) ("Ares") today announced the completion of their acquisition of Front Yard Residential Corporation (NYSE: RESI) ("Front Yard"), a
leading provider of high-quality and affordable single-family rental ("SFR") housing.
The completion of the transaction makes Pretium the
second-largest owner and operator of SFR properties in the United States with a portfolio of over 55,000 cash-flowing single-family rentals. Pretium will manage the venture and partner with Ares to further optimize and expand Front Yard's
attractive and well-diversified portfolio of SFR assets.
Don Mullen, Chairman and CEO at Pretium, said, "There is significant opportunity in the SFR
market and a clear sense of urgency among institutional investors to deploy capital to this asset class given record-high occupancy rates, stable cash-flow characteristics, and potential for continued capital appreciation. With the Front Yard
transaction now complete, we are exceptionally well positioned to further capitalize on a diverse set of SFR investment opportunities. We look forward to leveraging our unique operating platform and scale to further drive operating margins and
deliver attractive returns to investors".
"We are pleased to have completed this transaction with Pretium and Front Yard and look forward to
putting our collective experience and industry expertise to work to create a scaled and highly diversified portfolio of SFR homes to benefit our stakeholders", said David Roth, Partner and Head of U.S. Real Estate Equity in the Ares Real Estate
Group.
"We look forward to creating value with our partners in what we believe is a particularly strong asset class with
compelling secular market tailwinds", said Joel Holsinger, Partner and
Co-Head
of Alternative Credit in the Ares Credit Group.
"Pretium and Ares are the perfect partners to lead Front Yard in the next phase of our company's growth and take our business to the next level as a
private, resident-first SFR operator", said George Ellison, Chief Executive Officer of Front Yard Residential. "Their extensive operating and investment experience coupled with the depth and breadth of their real estate platforms should
create unique opportunities for Front Yard to meaningfully scale our business, creating attractive and affordable housing options for a diverse resident base".
Advisors
RBC Capital Markets, LLC served as financial
advisor to Pretium. BofA Securities served as financial advisor to Ares. Sidley Austin served as M&A legal counsel, Fried Frank as partnership legal counsel, and Hunton Andrews Kurth as special tax and financing counsel to Pretium.
Latham & Watkins served as legal counsel to Ares.
About Pretium
Pretium is a specialized alternative investment management firm focused on residential real estate, mortgage finance, and corporate credit. Pretium was founded
in 2012 to capitalize on secular investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy, the residential housing sector, and mortgage finance markets. Pretium has built an
integrated analytical and operational ecosystem within the U.S. residential housing, mortgage, and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage over other investment
managers. Pretium's platform has more than $18 billion of assets under management as of January 1, 2021 and employs approximately 1,500 employees across 26 offices. Please visit
www.pretium.com
for additional information.
About Progress Residential
Progress Residential is a
market leader in intelligent single-family rental management services, with people, technology, scale, and data-driven solutions that streamline operations, optimize asset performance, and provide an exceptional renting and living experience for our
residents. Progress Residential's approximately 1,000 employees currently manage over 40,000 homes across 15 core markets and have recently been adding nearly 10,000 homes to its platform each year. Progress Residential also offers third-party
property management service for investors with
mid-to-large
single-family rental home portfolios and Built for Rent communities through its PR3 Management business. For
more information, please visit www.rentprogress.com.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager operating integrated groups across Credit, Private Equity, Real
Estate and Strategic Initiatives. Ares Management's investment groups collaborate to deliver innovative investment solutions and consistent and attractive investment returns for fund investors throughout market cycles. Ares Management's
global platform had approximately $179 billion of assets under management as of September 30, 2020 with more than 1,400 employees operating across North America, Europe and Asia Pacific. For more information, please visit
www.aresmgmt.com
.
About Ares Real Estate Group
The Ares Real Estate Group manages comprehensive public and private, equity and debt strategies with approximately $14 billion of assets under management
and approximately 85 investment professionals, as of September 30, 2020. The real estate team maintains a time-tested and consistent investment approach across equity and debt strategies focusing on major property types that have value creation
opportunities, located in liquid markets with diversified economies.
About Ares Alternative Credit
Ares' Alternative Credit strategy focuses on direct lending and investing in assets that generate contractual cash flows and fills gaps in the capital
markets between credit, private equity and real estate. Ares Alternative Credit targets investments across the capital structure in specialty finance, lender finance, loan portfolios, equipment leasing, structured products, net lease, cash flow
streams (royalties, licensing, management fees), fund secondaries and other asset-focused investments.
Co-Headed
by Keith Ashton and Joel Holsinger, Ares Alternative Credit leverages a broadly skilled and
cohesive team of approximately 40 investment professionals as of September 30, 2020.
Media:
Pretium
Prosek Partners
Mike Geller,
646-818-9018
mgeller@prosek.com
Josh Clarkson,
646-818-9259
jclarkson@prosek.com
Ares Management Corporation
Mendel Communications
Bill Mendel,
212-397-1030
bill@mendelcommunications.com
Investors:
Pretium
Genie Pusey,
917-942-7395
gpusey@pretium.com
Ares Management Corporation
Carl Drake,
800-340-6597
cdrake@aresmgmt.com
Priscila Roney,
212-808-1185
proney@aresmgmt.com
Brittany Cash,
212-301-0347
bcash@aresmgmt.com
+++

label: fund

text: Pretium

override: fund

text: Pretium

text: Ares Management Corporation

text: Front Yard Residential Corporation

text: Pretium

text: Pretium

text: Don Mullen

text: Pretium

text: Pretium

text: David Roth

text: Joel Holsinger

text: Pretium

text: George Ellison

text: RBC Capital Markets, LLC

text: Pretium

text: BofA Securities

text: Sidley Austin

text: Fried Frank

text: Hunton Andrews Kurth

text: Pretium

text: Latham & Watkins

text: Pretium

text: Pretium

text: Pretium

text: Pretium

text: Pretium

text: Ares Management Corporation

text: Ares Management Corporation

text: Joel Holsinger

text: Pretium

text: Ares Management Corporation

text: Pretium

text: Ares Management Corporation


text:
EX-99.1
3
c89831_ex99-1.htm
EXHIBIT 99.1
First Horizon National Corp. Completes Acquisition of Capital
Bank Financial Corp.
MEMPHIS, Tenn. - First Horizon National Corporation (NYSE:
FHN) announced today that it completed its acquisition of Capital Bank Financial Corp. ("Capital Bank Financial").
Effective November 30, 2017, Capital Bank Financial merged into First Horizon, and its subsidiary, Capital Bank Corporation, merged
into First Tennessee Bank National Association.
The merger brings together two respected financial institutions
under the First Horizon family of companies and creates the fourth largest regional bank in the Southeast with approximately
$40
billion in assets, $32 billion in deposits, $27 billion in loans and 350 branches in Tennessee, North Carolina, South Carolina,
Florida, Mississippi, Georgia, Texas and Virginia.
"We
are excited to complete the merger of First Horizon and Capital Bank Financial and expand the capabilities of our company,"
said Bryan Jordan, chairman and CEO of First Horizon. "We are proud to merge the talented teams at First Tennessee and Capital
Bank to create an even stronger regional bank that offers differentiated customer service and enhances our presence throughout
our markets".
First Horizon, which is headquartered
in Memphis, will retain its First Tennessee Bank brand in Tennessee, where it has a 153-year history. Branches outside Tennessee
market areas will use the Capital Bank name.
"We're excited about this opportunity to be a part of
the region's most respected family of financial institutions with a history of exemplary customer service", said Gene
Taylor, chairman and CEO of Capital Bank Financial. "There's no doubt that the strength and talent of these combined
organizations propels us forward and enhances our capacity to deliver sophisticated, high-touch financial service".
Taylor and Peter N. Foss, members of the Capital Bank Financial
Board of Directors, have joined the First Horizon Board of Directors. Taylor also became vice chairman of First Horizon.
Barclays
Capital Inc. and Morgan Stanley & Co. LLC served as financial advisors to First Horizon, and Sullivan & Cromwell LLP served
as First Horizon's legal advisor. Sandler O'Neill + Partners L.P. and UBS Investment Bank served as financial advisors
to Capital Bank Financial, and Wachtell, Lipton, Rosen & Katz served as Capital Bank Financial's legal advisor.
About
First Horizon
First
Horizon National Corp. (NYSE:FHN) provides financial services through its First Tennessee, Capital Bank, FTB Advisors, and FTN
Financial businesses. First Horizon operates 350 bank locations across the southern U.S. and 28 FTN Financial offices across the
entire U.S. Our banking subsidiary was founded in 1864 and has the 14th oldest national bank charter in the country. Our First
Tennessee and Capital Bank brands have the largest deposit market share in Tennessee and one of the highest customer retention
rates of any bank in the country. We have been ranked by American Banker as No. 5 among the Top 10 Most Reputable U.S. Banks. Our
FTB Advisors wealth management group has more than 300 financial advisors and about $30 billion in assets under administration.
FTN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional customers in
the U.S. and abroad. We have
been recognized as one of the nation's best employers by Working Mother and American Banker
magazines and the National Association for Female Executives. More information is available at www.FirstHorizon.com.
Forward-Looking Statements
This release contains certain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to our beliefs, plans, goals, expectations,
and estimates. Forward-looking statements are not a representation of historical information, but instead pertain to future operations,
strategies, financial results or other developments. The words "believe", "expect", "anticipate,"
"intend", "estimate", "should", "is likely", "will", "going forward,"
and other expressions that indicate future events and trends identify forward-looking statements.
Forward-looking statements are necessarily based upon estimates
and assumptions that are inherently subject to significant business, operational, economic and competitive uncertainties and contingencies,
many of which are beyond the control of First Horizon, and many of which, with respect to future business decisions and actions,
are subject to change. Examples of uncertainties and contingencies include, among other important factors: global, general, and
local economic and business conditions, including economic recession or depression; actions of regulators and agencies and changes
in applicable laws and regulations; pending, threatened, or possible future regulatory, administrative, and judicial outcomes,
actions, and proceedings; current or future Executive orders; the possibility that the anticipated benefits of the transaction
will not be realized when expected or at all; diversion of management's attention from ongoing business operations and opportunities;
potential adverse reactions or changes to business or employee relationships, including those resulting from the transaction; First
Horizon's success in executing its business plan and strategies and managing the risks involved in the foregoing; and other
factors that may affect future results of First Horizon.
Additional factors that could cause results to differ materially
from those contemplated by forward-looking statements can be found in First Horizon's Annual Report on Form 10-K for the
year ended December 31, 2016, and in its subsequent Quarterly Reports on Form 10-Q filed with the SEC and available in the "Investor
Relations" section of First Horizon's website, http://www.firsthorizon.com, under the heading "SEC Filings"
and in other documents First Horizon files with the SEC.
FHN-G
CONTACT: First Horizon
Investor Relations, Aarti Bowman, (901) 523-4017
Media Relations, James Dowd, (901) 523-4305

text: First Horizon National Corp.

text:
Capital
Bank Financial Corp.

text: First Horizon National Corporation

text: Capital Bank Financial Corp.

text: Capital Bank Financial

text: Capital Bank Financial

text: First Horizon

text: Capital Bank Corporation

text: First Horizon

text: First Horizon

text: Capital Bank Financial

text: Bryan Jordan

text: First Horizon

text: First Horizon

text:
Gene
Taylor

text: Capital Bank Financial

text: Capital Bank Financial

text: First Horizon

text: First Horizon

text:
Barclays
Capital Inc.

text: Morgan Stanley & Co. LLC

text: First Horizon

text: Sullivan & Cromwell LLP

text: First Horizon

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

text: UBS Investment Bank

text: Capital Bank Financial

text: Wachtell, Lipton, Rosen & Katz

text: Capital Bank Financial

text: First Horizon

text:
First
Horizon National Corp.

text: First Horizon

text: First Horizon

text:
First
Horizon

text: First Horizon

text: First Horizon

text: First Horizon

text: First Horizon

text: First Horizon


text:
EX-99.1
5
v019169_ex99-1.txt
CRATOS Secures $2 Million Operating Facility from Major Bank
Toronto, May 26, 2005: ActiveCore Technologies, Inc. (OTCBB: ATVE), a Company
that operates a group of subsidiaries and divisions in the US, UK and Canada
that offer a Smart Enterprise Suite of products, is pleased to announce that
CRATOS, a wholly owned subsidiary of ActiveCore, has secured a revolving credit
facility from a major Canadian Bank in the amount of $2 Million.
The revolving credit facility will be used primarily to fund continued growth
and expand the current infrastructure to ensure that it is capable of supporting
CRATO's numerous global interests.
As a tremendous vote of confidence in the future of CRATOS and ActiveCore, the
facility was personally guaranteed by ActiveCore management.
ActiveCore President & Ceo Peter Hamilton stated, "We see this as a very
positive development for CRATOS and ActiveCore as the facility will help to
sustain our growth curve and build out our infrastructure." Mr. Hamilton went on
to say, "Management is deeply committed to the success of both CRATOS and
ActiveCore, such that we have personally guaranteed the operating facility. We
believe that the future is extremely bright and that the weeks and months ahead
will be very exciting times for the Company and its shareholders".
This press release is available on the company's official online investor
relations site for investor commentary, feedback and questions. Investors are
asked to visit the ActiveCore IR Hub located at
http://www.Agoracom.com/IR/ActiveCore Alternatively, investors can e-mail AGORA
Investor Relations directly at ATVE@Agoracom.com.
About ActiveCore Technologies, Inc. (www.ActiveCore.com)
ActiveCore Technologies, Inc., operates a group of subsidiaries and divisions in
the U.S., U.K. and Canada that offer a Smart Enterprise Suite of products and
services. We integrate, enable, and extend functions performed by current and
legacy IT systems. Our products encompass web portals, enterprise middleware,
mobile data access, data management and system migration applications. The
Systems Integration & Modernization Division of ActiveCore operates under the
trade names of Cratos, MDI Solutions and TwinCentric. The Corporate Disclosure
and Messaging Division of ActiveCore operates under the trade names C Comm
Network Corporation, DisclosurePlus and ActiveCast. ActiveCore services clients
in healthcare, financial services, government and manufacturing worldwide.
IR CONTACT:
AGORA Investor Relations
Email: ATVE@agoracom.com
IR Hub: http://www.Agoracom.com/IR/ActiveCore
Statements contained in this news release regarding ActiveCore Technologies,
Inc. formerly IVP Technology and planned events are forward-looking statements,
subject to uncertainties and risks, many of which are beyond ActiveCore's
control, including, but not limited to, reliance on key markets, suppliers, and
products, currency fluctuations, dependence on key personnel and trade
restrictions, each of which may be impacted, among other things, by economic,
competitive or regulatory conditions. These and other applicable risks are
summarized under the caption "Risk Factors" in ActiveCore's Registration
Statement on Form SB-2 filed with the Securities and Exchange Commission on
January 4, 2005. Forward-looking statements by their nature involve substantial
risks and uncertainties. As a result, actual results may differ materially
depending on many factors, including those described above.

text: CRATOS

text: ActiveCore Technologies, Inc.

text: CRATOS

text: CRATOS

text: CRATOS

text: CRATOS

text: ActiveCore Technologies, Inc.

text: ActiveCore Technologies, Inc.

text: Cratos

text:
ActiveCore Technologies,
Inc.


text:
EX-99
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abpnewsrel.htm
ABRAXAS PETROLEUM CORPORATION
www.abraxaspetroleum.com
Exhibit 99.1
NEWS RELEASE
Abraxas Announces Closing of
St. Mary Land & Exploration Property Acquisition
SAN ANTONIO (January 31, 2008) - Abraxas Petroleum Corporation (AMEX:ABP) today announced that it, and a wholly-owned subsidiary of Abraxas Energy Partners, L.P. ("Abraxas Energy"), have closed the previously announced acquisition of oil and gas properties from St. Mary Land & Exploration Company (NYSE:SM) for an adjusted purchase price of $131.6 million, subject to customary post-closing adjustments. The effective date of the acquisition was December 1, 2007.
The properties are primarily located in the Rockies and Mid-Continent regions of the United States, and include:
.
Approximately 1,500 gross (240 net) wells
.
Estimated proved reserves of approximately 61.5 Bcfe (10,250 MBOE)
.
82 percent PDP (proved developed producing)
.
52 percent oil
.
Currently daily net production of approximately 12.3 MMcfepd (2,050 Boepd)
.
Reserve-to-production ratio of approximately 14 years
Abraxas Energy acquired approximately 57.2 Bcfe (9,525 MBOE) of the estimated proved reserves for $126.0 million, and funded its portion of the acquisition with borrowings under its amended credit facility together with borrowings under its new bridge facility.
Abraxas Petroleum acquired approximately 4.3 Bcfe (725 MBOE) of the estimated proved reserves for $5.6 million, and funded its portion from cash on hand.
In connection with the closing of this transaction, Abraxas Energy will either exercise its outstanding option to purchase NYMEX-based fixed price swaps at $80.00 per barrel of oil and $8.00 per Mmbtu of gas or let the option expire if current swap indications are higher than the option swap price, and enter into new NYMEX-based fixed price swaps. The swaps will cover a significant portion of the estimated production from the acquired properties' current proved developed producing reserves for the period February 2008 through December 2011.
Barbara Stuckey, President of Abraxas Energy's general partner commented, "we are very pleased to announce our first acquisition since formation in May 2007. This acquisition has enhanced the overall profile of our partnership. Our percentage of proved developed producing reserves, percentage of oil production, and our R/P ratio will increase considerably and complement our existing asset base with a more diverse, stable long-lived production profile".
500 N. Loop 1604 East, Suite 100
San Antonio, Texas 78232
Phone: 210.490.4788 Fax: 210.490.8816
Bob Watson, President and CEO of Abraxas Petroleum commented further, "that we were fortunate to participate with the partnership in this acquisition. The properties that we acquired are principally located in the Williston Basin of North Dakota and Montana and the Green River and Powder River Basins of Wyoming, all areas in which Abraxas has successfully operated in the past. We feel that these properties have a tremendous amount of upside and we are currently in the process of reviewing our complete opportunity set in light of our previously announced 2008 capital spending budget of $35 million, with the anticipation of an increased budget".
Société Générale Corporate & Investment Banking acted as bookrunner and lead arranger, as well as administrative agent for the Partnership's credit facilities.
Abraxas Petroleum Corporation is a San Antonio based crude oil and natural gas exploration and production company with operations in Texas and Wyoming. Abraxas Petroleum Corporation also owns a 47% interest in an upstream master limited partnership, Abraxas Energy Partners, L.P., which entitles Abraxas Petroleum Corporation to receive its proportionate share of cash distributions made by Abraxas Energy Partners, L.P.
Safe Harbor for forward-looking statements: Statements in this release looking forward in time involve known and unknown risks and uncertainties, which may cause Abraxas' actual results in future periods to be materially different from any future performance suggested in this release. Such factors may include, but may not be necessarily limited to, changes in the prices received by Abraxas for natural gas and crude oil. In addition, Abraxas' future natural gas and crude oil production is highly dependent upon Abraxas' level of success in acquiring or finding additional reserves. Further, Abraxas operates in an industry sector where the value of securities is highly volatile and may be influenced by economic and other factors beyond Abraxas' control. In the context of forward-looking information provided for in this release, reference is made to the discussion of risk factors detailed in
Abraxas' filings with the Securities and Exchange Commission during the past 12 months.
FOR MORE INFORMATION CONTACT:
Barbara M. Stuckey/Vice President - Corporate Development
Direct Telephone 210.757.9835
Main Telephone 210.490.4788
bstuckey@abraxaspetroleum.com
www.abraxaspetroleum.com

text: ABRAXAS PETROLEUM CORPORATION

text: Abraxas

text: Abraxas Petroleum Corporation

text: Abraxas Energy

text: Abraxas Energy

text: St. Mary Land & Exploration Company

text: Abraxas Energy

text: Abraxas Petroleum

text: Abraxas Energy

text: Barbara Stuckey

text: Abraxas Energy

text: Bob Watson

text: Abraxas Petroleum

text: Abraxas

text: Abraxas Petroleum Corporation

text: Abraxas Petroleum Corporation

text: Abraxas Energy

text: Abraxas Petroleum Corporation

text: Abraxas Energy

text: Abraxas

text: Abraxas

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text: Abraxas

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text: Abraxas


text:
EX-99.1
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y48419exv99.htm
EX-99.1 PRESS RELEASE
EX-99.1
Exhibit 99.1
PRESS RELEASE
FOR IMMEDIATE DISTRIBUTION
Contact:
Robert L.G. White
President and CEO
Phone: 908/206-3700
BREEZE-EASTERN ANNOUNCES SALE OF 700 LIBERTY AVENUE FACILITY
UNION, New Jersey - February 8, 2008 - Breeze-Eastern Corporation (AMEX:BZC) today announced that
it has completed the sale of its headquarters facility and plant at 700 Liberty Avenue, Union, New
Jersey. The sales price for the facility was $10.5 million and net proceeds from the sale of the
facility of $9.8 million were applied to reduce the Company's outstanding debt. As provided in the
sale agreement, the Company will lease the facility for up to two years after closing, pending the
Company's relocation to a new site, yet to be selected, that will be better suited to its current
and expected needs.
Breeze-Eastern Corporation (
http://www.breeze-eastern.com
) is the world's leading designer and
manufacturer of sophisticated lifting devices for military and civilian aircraft, including rescue
hoists, cargo hooks, and weapons-lifting systems. The Company, formerly known as TransTechnology
Corporation, employs approximately 180 people at its facility in Union, New Jersey, and reported
net sales of $73.3 million in the fiscal year ended March 31, 2007.
INFORMATION ABOUT FORWARD-LOOKING STATEMENTS
Certain statements in this press release constitute "forward-looking statements" within the meaning
of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended (the
"Acts"). Any statements contained herein that are not statements of historical fact are deemed to
be forward-looking statements.
The forward-looking statements in this press release are based on current beliefs, estimates and
assumptions concerning the operations, future results, and prospects of the Company. As actual
operations and results may materially differ from those assumed in forward-looking statements,
there is no assurance that forward-looking statements will prove to be accurate. Forward-looking
statements are subject to the safe harbors created in the Acts.
Any number of factors could affect future operations and results, including, without limitation,
competition from other companies; changes in applicable laws, rules and regulations affecting the
Company in the locations in which it conducts its business; the availability of equity and/or debt
financing in the amounts and on the terms necessary to support the Company's future business;
interest rate trends; order flow associated with the delay in enactment of the 2008 Federal Defense
budget; determination by the Company to dispose of or acquire additional assets; general industry
and economic conditions; events impacting the U.S. and world financial markets and economies; and
those specific risks that are discussed in the Company's previously filed Annual Report on Form
10-K for the fiscal year ended March 31, 2007, and Quarterly Report on Form 10-Q for the period
ended December 30, 2007.
The Company undertakes no obligation to update publicly any forward-looking statements, whether as
a result of new information or future events.
####
700 Liberty Avenue
.
Union
.
New Jersey 07083
Tel. 908.686.4000
.
Fax 908.686.7485
.
www.breeze-eastern.com

text: BREEZE-EASTERN

text: Breeze-Eastern Corporation

text: Breeze-Eastern Corporation


text:
EX-99.1
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[LOGO OMITTED] CHINA BIOPHARMACEUTICALS HOLDINGS
www.cbioinc.com Press Release
--------------------------------------------------------------------------------
FOR IMMEDIATE RELEASE: CONTACT:
Chris Peng Mao, CEO
86-10-8525-1616
info@cbioinc.com
Brian Rafferty
212-889-4350
brian.rafferty@taylor-rafferty.com
China Biopharmaceuticals Announces Termination of Agreement with
Hengyi Pharmaceuticals
BEIJING, China, September 1, 2006 -- China Biopharmaceuticals Holdings, Inc.
(OTC BB: CHBP), a leading Chinese pharmaceutical company focused on the
development, manufacturing and distribution of innovative drugs in China, today
announced that CHBP and the shareholders of Suzhou Hengyi Pharmaceuticals of
Feedstock Co., Ltd. ("Hengyi") have agreed to rescind and terminate the
agreement under which CHBP acquired 75.8 % of the ownership interest of Hengyi.
The consideration of 1,200,000 shares of CHBP's common stock and the additional
capital contribution of $620,000 will be returned to CHBP and CHBP will have no
further obligations to Hengyi or its shareholders. The 75.8% ownership interest
of Hengyi will be returned to its shareholders, and Hengyi will no longer be a
subsidiary of CHBP.
Chris Mao, CHBP CEO stated, "Based on our evaluation of Hengyi's performance, we
have determined that Hengyi does not fit into our future growth strategy. We
have negotiated a successful exit out of Hengyi's line of raw material products
due to low profit margins and limited complementarity to our expanded drug
manufacturing activities. This disposal improves our asset quality and will have
a positive impact on our earnings. This will also make room for future
acquisitions in the field of raw materials and intermediaries with superior
product lines and more complementary products for our recently updated and
expanded downstream manufacture operations. We will continue to improve the
quality of our operating assets. We will use the returned considerations for
other acquisitions and internal capital needs. We will continue to make
appropriate efforts to enhance shareholder value".
About China Biopharmaceuticals Holdings
China Biopharmaceutical Holdings, Inc (CHBP) is a research driven pharmaceutical
company dedicated to the discovery, development, manufacturing and marketing of
small and large molecule pharmaceutical products, including medicines, vaccines,
and active pharmaceutical ingredients for various categories of diseases.
CHBP is a US public company with operating subsidiaries and senior management
based in China.
For further information, please visit our website at www.cbioinc.com.
Safe Harbor Statement
The statements contained herein that are not historical facts are "forward
looking statements" within the meaning of Section 21E of the Securities and
Exchange Act of 1934, as amended, and the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements may be identified by, among other
things, the use of forward-looking terminology such as "believes", "expects,"
"may", "will", "should", or "anticipates" or the negative thereof or other
variations thereon or comparable terminology, or by discussions of strategy that
involve risks and uncertainties. In particular, our statements regarding the
potential growth of the markets are examples of such forward-looking statements.
The forward-looking statements include risks and uncertainties, including but
not limited to, general economic conditions and regulatory developments, not
within our control. The factors discussed herein and expressed from time to time
in our filings with the Securities and Exchange Commission could cause actual
results and developments to be materially different from those expressed or
implied by such statements. The forward looking statements are made only as of
the date of this filing, and we undertake no obligation to publicly update such
forward-looking statements to reflect subsequent events or circumstances.
###

text: Chris Peng Mao

text: Hengyi

text: CHBP

text: CHBP

text: Hengyi

text: Hengyi

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text: Hengyi

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text: Hengyi

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text: CHBP

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text: CHBP

text: CHBP


text:
EX-99.1
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PRESS RELEASE
ex991.htm
EXHIBIT 99.1
NEWS FOR IMMEDIATE RELEASE
November 30, 2012
WesBanco, Inc.
1 Bank Plaza
Wheeling, WV 26003
And
Fidelity Bancorp, Inc.
1009 Perry Highway
Pittsburgh, PA 15237
For Further Information Contact:
Paul M. Limbert (304) 234-9206
President & CEO, WesBanco, Inc.
Or
Richard G. Spencer (412) 367-3303
President & CEO, Fidelity Bancorp, Inc.
WesBanco, Inc. Consummates Merger with Fidelity Bancorp, Inc.
and Elects Director and Senior Officers
WHEELING, WV - November 30, 2012 - WesBanco, Inc. ("WesBanco") (Nasdaq:WSBC), a multi-state bank holding company headquartered in Wheeling, West Virginia and Fidelity Bancorp, Inc. ("Fidelity") (Nasdaq:FSBI), headquartered in Pittsburgh, Pennsylvania, jointly announced today the consummation of WesBanco's acquisition of Fidelity and the election of a director and senior officers. James C. Gardill, Chairman of the Board, and Paul M. Limbert, President & CEO, of WesBanco and Christopher S. Green, Chairman of the Board, and Richard G. Spencer, President & CEO, of Fidelity, made the joint announcement.
The merger, which was previously announced on July 19, 2012 was approved by the appropriate regulatory agencies, and was approved on November 27, 2012 by the shareholders of Fidelity. Under the terms of the Agreement and Plan of Merger, Fidelity's shareholders will receive 0.8275 shares of WesBanco common stock and $4.50 in cash for each share of Fidelity common stock held. As a result of the merger, WesBanco will add Richard G. Spencer to its board from the board of Fidelity. Two members of the Fidelity management team have been elected to new positions with WesBanco. Michael A. Mooney has been elected Market President of WesBanco's Western Pennsylvania Market and Anthony F. Rocco has been elected Senior Vice President, Community Banking of WesBanco's Western Pennsylvania Market.
Mr. Mooney joined Fidelity in 1991 as Vice President of Lending and most recently served as Executive Vice President and Chief Lending Officer. He began his career in banking in 1977 at Equibank in Pittsburgh as a Management Trainee and later held the positions of Branch Manager, Commercial Loan Specialist and District Manager. In 1985, Mr. Mooney joined Pittsburgh-based Landmark Savings Bank as a District Manager, later held the position of Vice President Marketing, Communications and Investor Relations and held the title of Vice President and Senior Community Banking Officer prior to joining Fidelity. Mr. Mooney earned a Bachelor of Science degree from Penn State University, graduated from the ABA Stonier School of Banking in 2001 and resides in Economy Boro, Pennsylvania with his wife. He and his wife are the parents of three children.
As Market President, Mr. Mooney will work with WesBanco's western Pennsylvania market lenders and banking centers to expand and enhance WesBanco's market presence in the region.
Mr. Rocco joined Fidelity in 1994 as Vice President of Community Banking and Security Officer. He was promoted to Senior Vice President in 1997 and in addition to his primary responsibilities for business development, he established the Bank's investment and insurance programs while managing multiple support functions. Prior to joining Fidelity, Mr. Rocco was employed by Landmark Savings Bank where he began as a Management Trainee in 1983, later became a Branch Manager and Assistant Vice President - District Manager and held the position of Branch Manager after Landmark was acquired by Integra Bank in 1992. Mr. Rocco earned a Bachelor of Science degree and an MBA from the University of Pittsburgh and received honors recognition in completing the Pennsylvania Bankers Association Advanced School of Banking at Bucknell University.
Mr. Rocco resides in Cranberry Township, Pennsylvania with his wife. He and his wife are the parents of three children.
As Senior Vice President of Community Banking, Western Pennsylvania, Mr. Rocco will be responsible for WesBanco's 15 western Pennsylvania banking centers' sales efforts as well as being responsible for the Retail Business Development program across all of WesBanco's eight markets.
"We have expanded our franchise into another attractive market that is the home to a number of Fortune 500 companies and we look forward to business opportunities in western Pennsylvania. Our resources combined with those of Fidelity allow us to compete for larger commercial and retail transactions and to offer expanded trust and wealth-related services to another major metropolitan area. We look forward to competing for business through our model that maintains the community bank orientation that we feel differentiates us from many regional competitors. Continuity in service and leadership has always been a hallmark of WesBanco's acquisition strategy. We are pleased to announce that Mr. Mooney and Mr. Rocco will join us and continue to serve our customers in western Pennsylvania. Fidelity employees have provided excellent service to their customers and we intend to build upon their tradition of excellence", Mr. Limbert said.
"WesBanco's vision for the future fit extremely well with our own business plan and our desire to maintain our strong reputation and community standing. WesBanco's extensive experience in trusts and investments, commercial lending and technologically-advanced banking systems were important factors in determining the merger potential of the combined organization", said Richard G. Spencer, Fidelity President & CEO.
It is anticipated that Fidelity's name will be changed to WesBanco in mid-February, 2013, in conjunction with the expected data processing conversion. Subsequent to the conversion date, Fidelity customers will continue to conduct their regular banking transactions at Fidelity's banking locations as it will maintain all of the existing branch offices of Fidelity. WesBanco's partnership with STARsf/Allpoint ATM Network will provide WesBanco ATM/Debit card in more than 43,000 ATMs worldwide - surcharge free. STARsf/Allpoint ATMs are also found in local, regional and national retail merchants across all 50 states, as well as globally with ATMs in Puerto Rico, Australia, Mexico and the United Kingdom. It is anticipated that Fidelity customers will be provided with this increased ATM access in early 2013.
WesBanco's merger with Fidelity creates a multi-state bank holding company of $6.2 billion in total assets providing banking services through 119 locations and 111 ATMs in West Virginia, Ohio and Pennsylvania. The transaction expands WesBanco's franchise in western Pennsylvania into the Pittsburgh, Pennsylvania region. Prior to the merger with WesBanco, Fidelity operated 13 banking offices located in Pittsburgh, Pennsylvania and western Pennsylvania. WesBanco's banking subsidiary is WesBanco Bank, Inc., headquartered in Wheeling, West Virginia. In addition, WesBanco operates an insurance brokerage company, WesBanco Insurance Services, Inc., and a full service broker/dealer, WesBanco Securities, Inc.
Forward Looking Statements:
This press release contains certain forward-looking statements, including certain plans, expectations, goals, and projections, and including statements about the benefits of the merger between WesBanco and Fidelity, which are subject to numerous assumptions, risks, and uncertainties. Actual results could differ materially from those contained or implied by such statements for a variety of factors including: the businesses of WesBanco and Fidelity may not be integrated successfully or such integration may take longer to accomplish than expected; the expected cost savings and any revenue synergies from the merger may not be fully realized within the expected timeframes; disruption from the merger may make it more difficult to maintain relationships with clients, associates, or suppliers; movements in interest rates; competitive pressures on product pricing and services; success and timing of other business strategies; the nature, extent, and timing of governmental actions and reforms; and extended disruption of vital infrastructure; and other factors described in WesBanco's 2011 Annual Report on Form 10-K, Fidelity's 2011 Annual Report on Form 10-K, and documents subsequently filed by WesBanco and Fidelity with the Securities and Exchange Commission, including WesBanco's Form 10-Q as of September 30, 2012 and Fidelity's Form 10-Qs as of December 31, 2011 and June 30, 2012. All forward-looking statements included in this news release are based on information available at the time of the release. WesBanco assumes no obligation to update any forward looking statement.
###

text: WesBanco, Inc.

text: Fidelity

text: Paul M. Limbert

text: WesBanco, Inc.

text: Richard G. Spencer

text: Fidelity

text: WesBanco, Inc.

text: Fidelity

text: WesBanco, Inc.

text: WesBanco

text: Fidelity

text: Fidelity

text: WesBanco

text: Fidelity

text: James C. Gardill

text: Paul M. Limbert

text: WesBanco

text: Christopher S. Green

text: Richard G. Spencer

text: Fidelity

text: Fidelity

text: Fidelity

text: WesBanco

text: Fidelity

text: WesBanco

text: Richard G. Spencer

text: Fidelity

text: Fidelity

text: WesBanco

text: WesBanco

text: WesBanco

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text: Richard G. Spencer

text: Fidelity

text: Fidelity

text: WesBanco

text: Fidelity

text: Fidelity

text: Fidelity

text: WesBanco

text: WesBanco

text: Fidelity

text: WesBanco

text: Fidelity

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text: Fidelity

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text:
EX-99.1
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Exhibit
99.1
K-9
CONCEPTS COMPLETES ACQUISITION
HONG
KONG, February 22, 2008 -- K-9 Concepts, Inc. (OTC Bulletin Board: KNIE)
announced today that it has completed its acquisition of 100% of the outstanding
membership interests of Aussie Soles International LLC, an early stage casual
footwear company.
In
connection with the transaction, K-9 issued approximately 12.9 million new
shares of its common stock in consideration of 100% of the membership interests
of Aussie Soles. The former owners have an ability to earn into 6 million
additional K-9 shares assuming certain operating milestones are met. In
addition, 2.1 million shares are being held in escrow pending the satisfaction
of certain representations and warranties that were made by Aussie Soles.
Immediately upon closing of the exchange, interest holders of Aussie Soles
will
own approximately 33% of K-9. The transaction is not being structured as a
reverse merger.
Craig
Taplin, founder and CEO of Aussie Soles International LLC will become the CEO
of
K-9, which will undertake to change its name to Aussie Soles Group Inc. as
a
result of a shareholder action taken on the date of the closing of the
transaction. The new company, which has no revenues and nominal assets, intends
to hire a management team and formally commence operations in North America
in
the near future.
The
combined enterprise intends to build the brand, "Aussie Soles(TM)" into a
globally known brand of footwear and accessories for the fashion, surf, travel,
and medical industries. The combined enterprise intends to accomplish its
objectives by designing and marketing a complete line of reasonably priced
casual footwear and related accessories for all seasons, by co-branding its
products with high-visibility partners, and through patent and related
intellectual property protection.
Safe
Harbor:
This
press release contains certain "forward-looking" statements, as defined in the
United States Private Securities Litigation Reform Act of 1995 that involve
a
number of risks and uncertainties. Statements, which are not historical facts,
are forward-looking statements. The Company, through its management, makes
forward-looking public statements concerning its expected future operations,
performance and other developments. Such forward-looking statements are
necessarily estimates reflecting the Company's best judgment based upon current
information and involve a number of risks and uncertainties, and there can
be no
assurance that other factors will not affect the accuracy of such
forward-looking statements. It is impossible to identify all such factors,
factors that could cause actual results to differ materially from those
estimated by the Company. They include, but are not limited to, the Company's
ability to develop operations, the Company's ability to consummate and complete
one or more acquisitions, the Company's access to future capital, the Company's
ability to hire qualified and capable personnel, the Company's ability to
execute on its business plan, the effect of adverse publicity, litigation,
competition, sales and other factors that may be identified from time to time
in
the Company's public announcements.
This
press release is provided for information purposes only and is not intended
to
constitute an offer to sell or a solicitation of an offer to buy
securities.
Contact:
Albert Au, President and CEO, 011 852 6622 3666

text:
K-9
CONCEPTS

text: K-9 Concepts, Inc.

text: Aussie Soles International LLC

text:
Craig
Taplin

text: Aussie Soles International LLC

text: Albert Au