text:
EX-99.1
4
pvsp8k03192015ex99_1.htm
PRESS RELEASE OF PERVASIP CORP. DATE MARCH 26, 2015
Exhibit 99.1
FOR IMMEDIATE RELEASE
Pervasip Completes Acquisition
WHITE PLAINS, NEW YORK - March 26, 2015
- Pervasip
Corp. (USOTC: PVSP) ("Pervasip" or the "Company") announced its execution and closing of an agreement to
acquire 90% of the issued and outstanding equity of Canalytix LLC, an energy and resource solutions provider based in Denver, Colorado.
"We are excited to complete this transaction and leverage our
historical technology development experience to gain entry into an exciting and rapidly growing business", said Paul Riss,
Pervasip's chief executive officer. "Canalytix is positioning its offering to meet the specific needs of indoor grow facilities,
and the company has allied itself with a Denver-based distributer of hydroponic equipment to integrate and provide the Canalytix
technology to existing clients".
Canalytix provides advanced analytics through an integrated cloud-based
platform that allows users to monitor and control greenhouse facilities through the cloud, including real-time data on energy usage,
HVAC systems, lighting and costs.
The Company acquired 90% of the equity of Canalytix in exchange
for 25% of the Company's issued and outstanding common stock and Company preferred shares equal to an additional 10% of the
Company's issued and outstanding equity. Additional information regarding the Company's acquisition of Canalytix will
be provided in a Current Report on Form 8K to be filed later today.
About Canalytix LLC
Canalytix LLC was formed in 2013 to develop and market energy and
resource efficiency technologies and products, and is currently focused on doing so for indoor plant growth clients in the Colorado
and other qualified markets. Canalytix holds exclusive distribution rights to technology developed by Noveda Technologies, Inc.,
in hydroponic and other indoor plant growth applications. Noveda is an innovative leader in real-time, web-based energy and water
monitoring. Noveda's patented software as a service (SaaS) solutions help reduce energy and water usage, optimize performance
of renewable energy systems, and reduce the carbon footprint for customers across commercial/retail, industrial, government, education,
and utility sectors. Noveda also offers real-time collaboration tools that leverage social media to educate and empower stakeholder
communities and make the smart grid a reality today. Additional information is available at www.canalytix.com
and www.noveda.com.
About Pervasip Corp.
Pervasip
develops and delivers cloud-based technologies to emerging markets.
Forward Looking Statements
The information contained herein includes forward-looking statements.
These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties
and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different
from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and
other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results,
levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future
events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations,
growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason,
or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even
if new information becomes available in the future.
Additional Information
Pervasip Corp.
Paul H. Riss, CEO
phriss@pervasip.com
914-750-9339

text: PERVASIP CORP.

text: Pervasip

text:
Pervasip
Corp.

text: Pervasip

text: Canalytix LLC

text: Pervasip

text: Canalytix LLC

text: Canalytix LLC

text: Pervasip Corp.

text: Pervasip

text: Pervasip Corp.

text: Paul H. Riss


dataset: buster

text:
EX-99.1
6
ex99-1.htm
PRESS RELEASE
LightPath Technologies, Inc. 8-K
Exhibit 99.1
LightPath Technologies Completes Acquisition
of ISP Optics Corporation
LightPath Extends Footprint and Global
Scale with Expanded Range of Visible and Infrared Solutions
Closes Public Offering of Common Stock
and Full Exercise of Underwriters' Option to Purchase Additional Shares
ORLANDO, FL - December 21, 2016
- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath", the "Company", or "we"),
a leading vertically integrated global manufacturer, distributor, and integrator of proprietary optical and infrared components
and high-level assemblies, today announced that it has completed the acquisition of ISP Optics Corporation ("ISP")
for a purchase price of $18 million, subject to post-closing adjustments, of which $12 million was paid in cash with the balance
in the form of five-year subordinated notes issued to the sellers.
LightPath also announced today that simultaneous
with the closing of the acquisition it has completed the previously announced underwritten public offering of 8,000,000 shares
of its Class A common stock, which includes the full exercise by the underwriters of their option to purchase 1,000,000 shares
of Class A common stock to cover over-allotments, at a public offering price of $1.21 per share. Members of LightPath's Board
of Directors and executive management team purchased shares in the offering. Net proceeds from the sale of the Class A common stock
after deducting underwriting discounts and expenses were approximately $8.85 million.
The Company used the net proceeds from
the offering for a portion of the purchase price of the acquisition of ISP payable in cash as well as to pay transaction expenses
and other costs in connection with the acquisition. The balance of the cash portion of the purchase price was funded by a $5 million
acquisition loan from Avidbank, which also closed today, that is payable on an interest-only basis for six months and thereafter
amortized over 54 months.
Commenting on today's completed
transactions, Jim Gaynor, President and Chief Executive Officer of LightPath, said, "We are excited to have consummated the
acquisition of ISP Optics Corporation as planned and welcome ISP employees to the expanding global LightPath team. This transformative
acquisition was made possible through a fully subscribed underwritten public offering of common stock. The offering successfully
attracted to the Company numerous high quality institutional investors, in addition to personal investments from members of our
executive management team and Board of Directors. The combination of LightPath and ISP positions us for continued growth with greater
scale and scope to offer a comprehensive platform of visible and infrared solutions".
Roth Capital Partners acted as sole book-running
manager and Dougherty & Company acted as co-manager for the offering. Roth Capital Partners also served as an advisor to LightPath
in connection with the ISP acquisition, rendering a fairness opinion to the Board of Directors. BakerHostetler acted as legal advisor
to LightPath. ZAG-S&W acted as legal advisor to Roth Capital Partners. KippsDeSanto & Co. acted as financial advisor and
Blank Rome LLP acted as legal advisor to ISP in connection with the transaction.
The offering described above was made
pursuant to a registration statement on Form S-1 previously filed with and subsequently declared effective by the Securities and
Exchange Commission (the "SEC") on December 15, 2016. A copy of the final prospectus relating to the offering has been
filed with the SEC and is available on the SEC's website at
http://www.sec.gov
and may also be obtained from Roth
Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, California 92660, by telephone at (949) 720-7227, or by
email at rothecm@roth.com.
This press release shall not constitute
an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or jurisdiction.
About LightPath Technologies
LightPath Technologies, Inc. (NASDAQ:
LPTH) provides optics and photonics solutions for the industrial, defense, telecommunications, testing and measurement, and medical
industries. LightPath designs, manufactures, and distributes optical and infrared components including molded glass aspheric lenses
and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and gradient index GRADIUM® lenses.
LightPath also offers custom optical assemblies, including full engineering design support. For more information, visit www.lightpath.com.
Forward-Looking Statements
This press release contains "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including regarding the anticipated
growth following the completion of the ISP acquisition. These forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially, including market conditions, risks associated with the cash requirements of
the Company's business and other risks detailed from time to time in its filings with the SEC, and represent its views only
as of the date they are made and should not be relied upon as representing its views as of any subsequent date. The Company
does not assume any obligation to update publicly any forward-looking statements, whether as a result of new information, future
events, or otherwise.
Company Contact:
Jim Gaynor
President & CEO
jgaynor@lightpath.com
407-382-4003 x377
Investor Contact:
Jordan Darrow
Darrow Associates, Inc.
jdarrow@darrowir.com
512-551-9296

label: organization

text: LightPath Technologies, Inc.

text: LightPath Technologies

text: ISP Optics Corporation

text: LightPath Technologies, Inc.

text: ISP Optics Corporation

label: person

text: Jim Gaynor

text: ISP Optics Corporation

text: Roth Capital Partners

override: organization

text: Dougherty & Company

text: Roth Capital Partners

text: BakerHostetler

text: ZAG-S&W

text: Roth Capital Partners

text: KippsDeSanto & Co.

text: Blank Rome LLP

text:
Roth
Capital Partners

text: LightPath Technologies

text: LightPath Technologies, Inc.

text: Jim Gaynor

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
a5486931-ex991.txt
EXHIBIT 99.1
EXHIBIT 99.1
U.S. Physical Therapy Announces Significant Partnership Acquisition
HOUSTON--(BUSINESS WIRE)--Sept. 7, 2007--U.S. Physical Therapy, Inc.
(NASDAQ:USPH) announced today that the Company has acquired a majority interest
in STAR Physical Therapy, a multi-partner outpatient rehabilitation practice
with operations in the southeast United States.
STAR owns and operates 52 outpatient physical and occupational therapy
clinics and manages seven other facilities for third parties. They have a well
respected sports outreach program involving athletic event coverage at more than
40 high schools as well as an established industrial rehabilitation focus with
on-site contracts at four companies.
Chris Reading, Chief Executive Officer, said, "This merger with our
partners at STAR Physical Therapy is very exciting. Regg Swanson, founder of
STAR, along with his exceptional team of partners, have proven their ability to
attract tremendous clinical talent while building a robust business centered
around great care, superior service and strong community ties. We look forward
to supporting them in their continued growth as we work to expand U.S. Physical
Therapy's current base of 348 facilities in 42 states. This combination is
consistent with our long standing business philosophy of partnering with the
best and brightest clinicians as we execute our strategy of expanding our
network of facilities both internally through de novo development and externally
through acquisitions".
Dan Arnold, Board Chairman, added, "Considering Mr. Swanson's many
accomplishments and his ongoing commitment and unique ability to assist with the
continued growth of our company, we have chosen to expand the size of U.S.
Physical Therapy's board of directors from ten to 11 members, adding Mr. Swanson
to our board".
In the calendar year ended December 31, 2006, STAR produced approximately
$26.5 million in total net revenue with 268,000 patient visits with an average
net rate per visit of $89.47. Total net revenue for the first six months in 2007
was $15.1 million with 155,000 patient visits with an average net rate per visit
of $89.41. STAR's current payor mix is approximately 58% from private healthcare
insurance, 20% workers compensation, 19% Medicare and 3% other.
Larry McAfee, Chief Financial Officer, stated, "Because of the size and
materiality of this acquisition management is giving guidance that U.S. Physical
Therapy's net earnings are expected to be in the range of $8.2 million to $8.7
million ($.70 to $.74 per diluted common stock share) in 2007 and $9.9 million
to $10.6 million ($.83 to $.89 per diluted common stock share) in 2008. These
figures assume that the Medicare reimbursement rate for outpatient physical
therapy remains unchanged in 2008. The Company does not plan to provide
quarterly earnings guidance nor update the 2007 and 2008 annual guidance figures
unless there is a material development which causes management to believe that
earnings will be significantly outside these ranges".
For additional information concerning the structure of the STAR Physical
Therapy transaction please reference the Company's Current Report on Form 8K
filed today with the Securities and Exchange Commission.
Forward-Looking Statements
This press release contains statements that are considered to be
forward-looking within the meaning under Section 21E of the Securities Exchange
Act of 1934. These statements contain forward-looking information relating to
the financial condition, results of operations, plans, objectives, future
performance and business of our Company. These statements (often using words
such as "believes", "expects", "intends", "plans", "appear", "should" and
similar words) involve risks and uncertainties that could cause actual results
to differ materially from those we project. Included among such statements are
those relating to opening new clinics, availability of personnel and
reimbursement. The forward-looking statements are based on our current views and
assumptions and actual results could differ materially from those anticipated in
such forward-looking statements as a result of certain risks, uncertainties, and
factors, which include, but are not limited to:
-- revenue and earnings expectations;
-- general economic, business, and regulatory conditions including
federal and state regulations;
-- availability and cost of qualified physical and occupational
therapists;
-- personnel productivity;
-- changes in Medicare guidelines and reimbursement or failure of our
clinics to maintain their Medicare certification status;
-- competitive and/or economic conditions in our markets which may
require us to close certain clinics and thereby incur closure costs
and losses including the possible write-down or write-off of goodwill;
-- changes in reimbursement rates or payment methods from third party
payors including government agencies and deductibles and co-pays owed
by patients;
-- maintaining adequate internal controls;
-- availability, terms, and use of capital;
-- future acquisitions; and
-- weather and other seasonal factors.
Many factors are beyond our control. Given these uncertainties, you should
not place undue reliance on our forward-looking statements. Please see periodic
reports filed with the Securities and Exchange Commission (the "SEC") for more
information on these factors. Our forward-looking statements represent our
estimates and assumptions only as of the date of this report. Except as required
by law, we are under no obligation to update any forward-looking statement,
regardless of the reason the statement is no longer accurate.
About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. operates 348 outpatient
physical and/or occupational therapy clinics in 42 states. The Company's clinics
provide preventative and post-operative care for a variety of orthopedic related
disorders and sports-related injuries, treatment for neurologically-related
injuries and rehabilitation of injured workers. In addition to owning and
operating clinics, the Company manages physical therapy facilities for third
parties, including hospitals and physician groups.
More information about U.S. Physical Therapy, Inc. is available at
www.usph.com. The information included on that website is not incorporated into
this press release.
CONTACT: U.S. Physical Therapy, Inc., Houston
Chief Financial Officer
Larry McAfee, 713-297-7000
or
Chief Executive Officer
Chris Reading, 713-297-7000

text: U.S. Physical Therapy

text: U.S. Physical Therapy, Inc.

text: STAR Physical Therapy

text: Chris Reading

text: STAR Physical Therapy

text: Regg Swanson

text:
U.S. Physical
Therapy

text:
U.S.
Physical Therapy

text:
U.S. Physical
Therapy

text:
STAR Physical
Therapy

text: U.S. Physical Therapy, Inc.

text: U.S. Physical Therapy, Inc.

text: U.S. Physical Therapy, Inc.

text: U.S. Physical Therapy, Inc.

text: Chris Reading


text:
EX-99.2
3
ex992to8k05733_08162012.htm
ex992to8k05733_08162012.htm
Exhibit 99.2
DGT Holdings Announces Completion of the Sale of Its Power Conversion Business
BAY SHORE, N.Y., Aug. 16, 2012 (GLOBE NEWSWIRE) --
DGT Holdings Corp.
(OTCBB:DGTC) (the "Company") today announced that it has completed the previously announced sale of its Power Conversion business to EMS Development Corporation, an affiliate of Ultra Electronics Defense, Inc.
In consideration for the sale of the Power Conversion business, the Company received $12.5 million in cash. In addition, the Company is retaining the facility from which the Power Conversion business operates and entered into a lease with EMS Development Corporation.
The DGT Holdings Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8578
Contact:
DGT Holdings Corp.
John J. Quicke
Chief Executive Officer
Mark A. Zorko
Chief Financial Officer
(631) 231-6400 ext. 323

text: DGT Holdings

text: DGT Holdings Corp.

text: EMS Development Corporation

text: Ultra Electronics Defense, Inc.

text: EMS Development Corporation

text: DGT Holdings Corp.

text: DGT Holdings Corp.

text: John J. Quicke

text: Mark A. Zorko


text:
EX-99
3
ex99.htm
EXHIBIT 99
ex99.htm
Exhibit 99
For additional information, contact:
T. Heath Fountain
Senior Vice President and
Chief Financial Officer
(229) 878-2055
HERITAGEBANK OF THE SOUTH AGREES TO PURCHASE
CITIZENS BANK OF EFFINGHAM (GEORGIA) IN AN FDIC-ASSISTED TRANSACTION
Albany, Ga. (February 18, 2011) - Heritage Financial Group, Inc. (the "Company") (NASDAQ: HBOS), the holding company for HeritageBank of the South (the "Bank"), today announced that the Bank has entered into a definitive whole-bank purchase and assumption agreement with the Federal Deposit Insurance Corporation (the "FDIC") to acquire Citizens Bank of Effingham ("Citizens"), a full-service bank based in Springfield, Georgia with total assets of approximately $214 million. The Georgia Department of Banking and Finance today closed Citizens and appointed the FDIC as receiver.
Citizens Bank of Effingham, with three branches in Effingham County - Springfield, Rincon and Guyton - is approximately 20 miles northwest of Savannah and 30 miles east of Statesboro. Citizens has a fourth location in Port Wentworth, Georgia, a suburb on the northern edge of Savannah in Chatham County. With this acquisition, HeritageBank of the South will now operate 20 branch locations in South Georgia and North Central Florida, and it moves into one of the fastest growing regions of Georgia that neighbors Savannah, building on a presence the Bank has developed in the Statesboro area, where it has two branch offices.
As a result of this acquisition, HeritageBank of the South will assume approximately $206 million in deposits and acquire $145 million in loans. In addition to assuming all of the deposits of Citizens, HeritageBank of the South will purchase essentially all of its assets. The FDIC and the Bank have entered into a loss-share agreement under which the FDIC will reimburse HeritageBank of the South for 80% of the losses on Citizens' covered loans and other real estate owned.
The four branches previously operated by Citizens will reopen on Saturday, according to their normal operating hours, as branches of HeritageBank of the South. Depositors of Citizens will automatically become depositors of HeritageBank of the South, and deposits will continue to be insured by the FDIC up to applicable limits.
Commenting on the announcement, Leonard Dorminey, President and Chief Executive Officer of Heritage Financial Group, Inc., said, "We are pleased to welcome all Citizens Bank of Effingham customers to HeritageBank of the South. We pledge to make this transition as simple and transparent as possible for all and demonstrate the distinctly different style of banking that our customers have come to expect from HeritageBank of the South. Likewise, we welcome the loyal employees of Citizens who join us today and believe they will find this change personally and professionally rewarding. We stress to our new customers that their deposits are safe and fully accessible using their existing account numbers, checks, and debit/ATM cards. We look forward to forging even stronger relationships with all current Citizens Bank customers in the months and years ahead.
-MORE-
HBOS Acquires Citizens Bank of Effingham
Page 2
February 18, 2011
"With the recent completion of our second-step offering, we are pleased to have this opportunity to deploy our strengthened capital position", Dorminey continued. "This acquisition, which greatly expands our footprint across southern Georgia, extends our presence eastward from Statesboro to the strong and diverse Savannah market, giving us increased potential to grow regionally." Dorminey noted that, considering the Company's strong capital position - with a total risk-based capital ratio of 26.4% at December 31, 2010, he believes the Company remains well positioned to take advantage of possible future acquisition opportunities and FDIC-assisted deals that make sense for HeritageBank of the South's business and markets.
Heritage Financial Group, Inc. is the holding company for HeritageBank of the South, a community-oriented bank serving primarily South Georgia and North Central Florida through 20 full-service branch locations and two mortgage production offices. As of December 31, 2010, the Company reported total assets of approximately $755.4 million and total stockholders' equity of approximately $119.4 million. For more information about the Company, visit HeritageBank of the South on the Web at
www.eheritagebank.com
and see Investor Relations under About Us.
Except for historical information contained herein, the matters included in this news release and other information in the Company's filings with the Securities and Exchange Commission may contain certain "forward-looking statements", within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Reform Act of 1995 and include this statement for purposes of these safe harbor provisions. Further information concerning the Company and its business, including additional factors that could materially affect our financial results, is included in our other filings with the SEC.
-END-

text: HERITAGEBANK OF THE SOUTH

text: CITIZENS BANK OF EFFINGHAM

text: Heritage Financial Group, Inc.

text: HBOS

text: HeritageBank of the South

text: Federal Deposit Insurance Corporation

text: Citizens Bank of Effingham

text: Citizens

text: Citizens

text: Citizens Bank of Effingham

text: Citizens

text: HeritageBank of the South

text: HeritageBank of the South

text: Citizens

text: HeritageBank of the South

text: HeritageBank of the South

text: Citizens

text: Citizens

text: HeritageBank of the South

text: Citizens

text: HeritageBank of the South

text: Leonard Dorminey

text: Heritage Financial Group, Inc.

text: Citizens Bank of Effingham

text: HeritageBank of the South

text: HeritageBank of the South

text: Citizens

text: HBOS

text: Citizens Bank of Effingham

text: HeritageBank of the South

text: Heritage Financial Group, Inc.

text: HeritageBank of the South

text: HeritageBank of the South


text:
EX-99.1
4
d659409dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
Media:
Jennifer Saxon
jennifer.saxon@mindbodyonline.com
805-419-2839
For Vista:
Alan Fleischmann
vista@laurelstrategies.com
Vista Equity Partners Completes Acquisition of MINDBODY, Inc.
San Luis Obispo, CA, February
15, 2019
- MINDBODY, Inc., the leading technology platform for the fitness, beauty and
wellness services industries, today announced that it has been acquired by Vista Equity Partners ("Vista"), a leading investment firm focused on software, data and technology-enabled businesses. The approximately $1.9 billion
transaction, originally announced on December 24, 2018, was approved by MINDBODY's stockholders on February 14, 2019 and completed on February 15, 2019.
"Seventeen years ago, we set out on a journey to leverage technology to improve the health and wellness of the world. Today, that technology is helping
people lead healthier, happier lives by connecting the world to fitness, beauty and wellness", said Rick Stollmeyer,
Co-Founder
and CEO of MINDBODY. "Our partnership with Vista marks a significant
milestone on our journey and will allow us to accelerate our growth and serve our customers, consumers and partners better than ever before".
The
acquisition begins the next phase of growth for MINDBODY by combining its product and industry leadership with Vista's unique investment and operating model for SaaS companies.
With the completion of the acquisition, MINDBODY common stock ceased trading and will no longer be listed on the Nasdaq Stock Market.
Qatalyst Partners acted as the exclusive financial advisor to MINDBODY and Cooley LLP served as legal advisor to MINDBODY. Morgan Stanley acted as the
financial advisor to Vista and Kirkland & Ellis LLP served as legal advisor to Vista.
About
MINDBODY
MINDBODY, Inc. is the leading technology platform for the fitness, beauty and wellness services industries. Local entrepreneurs worldwide
use MINDBODY's integrated software and payments platform to run, market and grow their businesses. Consumers use MINDBODY to more easily find, engage and transact with fitness, wellness and beauty providers in their local
communities. For more information on how MINDBODY is helping people lead healthier, happier lives by connecting the world to fitness, beauty and wellness, visit mindbodyonline.com.
© 2019 MINDBODY, Inc. All rights reserved. MINDBODY, FitMetrix, Frederick, the Enso
logo, the Booker logo and Connecting the World to Wellness are trademarks or registered trademarks of MINDBODY Inc. in the United States and/or other countries. Other company and product names may be trademarks of the respective
companies with which they are associated.
About Vista Equity Partners
Vista Equity Partners is a U.S.-based investment firm with offices in Austin, Chicago, New York City, Oakland, and San Francisco with more than
$44 billion in cumulative capital commitments. Vista exclusively invests in software, data, and technology-enabled organizations led by world-class management teams. As a value-added investor with a long-term perspective, Vista contributes
professional expertise and multi-level support towards companies to realize their full potential. Vista's investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and
proven management techniques that yield flexibility and opportunity. For more information, please visit www.vistaequitypartners.com.

label: fund

text: Vista Equity Partners

override: fund

text: MINDBODY, Inc.

text: MINDBODY, Inc.

text: Vista Equity Partners

text: MINDBODY

text: MINDBODY

text: MINDBODY

text: MINDBODY

text: Qatalyst Partners

text: MINDBODY

text: Cooley LLP

text: MINDBODY

text: Morgan Stanley

text: Kirkland & Ellis LLP

text: MINDBODY

text: MINDBODY, Inc.

text: MINDBODY

text: MINDBODY

text: MINDBODY

text: MINDBODY, Inc.

text: MINDBODY

text: Vista Equity Partners

text: Vista Equity Partners


text:
EX-99.1
2
a08-13269_1ex99d1.htm
EX-99.1
Exhibit 99.1
NEWS
RELEASE
CSL008011
4/29/08
Carlisle Finalizes Acquisition of Carlyle
Incorporated
CHARLOTTE, NORTH CAROLINA, April 29, 2008...
Carlisle Companies Incorporated (NYSE:CSL) announced today that it has
completed the acquisition of Carlyle Incorporated of Tukwila, Washington. Carlyle is a leading provider of
sophisticated aerospace and network interconnection solutions. David A. Roberts, Carlisle's Chairman,
President and CEO commented, "We are very excited about this addition to our
Tensolite division which virtually doubles the size of our wire, cable and
high-end interconnect solutions business. The Carlyle acquisition strengthens
our global reach of this critical strategic Carlisle platform. Carlyle's
largest application includes both fiber optic and copper cable assemblies for
in-flight entertainment systems (IFE) on commercial aircraft, including Boeing,
Airbus and the regional jet industry. Spending on IFE systems is expected to
grow dramatically through 2010 fueled by new aircraft builds and retrofit
applications. We are well positioned to capitalize on this opportunity." Mr. Roberts concluded, "The addition of
Carlyle strategically positions us to be the leader in aerospace specialty
interconnect systems".
Forward-Looking Statements
This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on management's current expectations and are subject
to uncertainty and changes in circumstances. Actual results may differ
materially from these expectations due to changes in global economic, business,
competitive, market and regulatory factors. More detailed information about
these factors is contained in the Company's filings with the Securities and
Exchange Commission. The Company undertakes no duty to update forward-looking
statements.
Carlisle is a diversified global manufacturing
company serving the construction materials, commercial roofing, specialty tire
and wheel, power transmission, heavy-duty brake and friction, heavy-haul truck
trailer, refrigerated truck body, foodservice, and aerospace and test and
measurement industries.
CONTACT:
Carol P. Lowe
Vice President and Chief Financial Officer
Carlisle Companies Incorporated
(704) 501-1100
http://www.carlisle.com

text: Carlisle

text:
Carlyle
Incorporated

text: Carlisle Companies Incorporated

text: Carlyle Incorporated

text: Carlisle

text: Carlisle

text: Carlisle

text: Carol P. Lowe

text: Carlisle Companies Incorporated


text:
EX-99.1
4
ex99-1.htm
EX-99.1 PRESS RELEASE, DATED SEPTEMBER 1, 2006, ISSUED BY CONCORDE CAREER COLLEGES, INC. ANNOUNCING COMPLETION OF THE PREVIOUSLY DISCLOSED MERGER WITH TEACH ACQUISITION CORPORATION
EX-99.1 Press Release, dated September 1, 2006, Issued by Concorde Career Colleges,
Inc. Announcing Completion of the Previously Disclosed Merger with Teach Acquisition
Corporation
FOR
IMMEDIATE RELEASE - September 1, 2006
CONCORDE
CAREER COLLEGES, INC. GOES PRIVATE
Mission,
Kansas - Concorde Career Colleges, Inc. ("Concorde" or the "Company") announced
that pursuant to a merger agreement with an affiliate of Liberty Partners,
a
private equity firm based in New York City, Concorde has become a privately
held
corporation, wholly owned by the Liberty affiliate.
Concorde,
headquartered in Mission, Kansas, owns and operates proprietary, postsecondary
institutions at 12 locations in 7 states. Its vocational training programs
are
primarily in the allied health field.
Liberty
Partners is a private equity investment firm that specializes in investments
in
manufacturing, business services, and education-related companies. Since its
founding in 1992, the firm has committed over $1 billion to more than 45
investments, including commitments of over $250 million to investments in
elementary and post-secondary education.
To
find
out more about Concorde Career Colleges, Inc., visit our website at
www.concordecareercolleges.com.
Contact: Paul
Gardner at 913-831-9977

text: CONCORDE CAREER COLLEGES, INC.

text: TEACH ACQUISITION CORPORATION

text:
Concorde Career Colleges,
Inc.

text:
Teach Acquisition
Corporation

text:
CONCORDE
CAREER COLLEGES, INC.

text: Concorde Career Colleges, Inc.

text: Liberty Partners

text:
Liberty
Partners

text: Concorde Career Colleges, Inc.


text:
EX-99.1
3
a14-22000_1ex99d1.htm
EX-99.1
Exhibit 99.1
GTT Acquires UNSi
McLean, VA, October 1, 2014
-GTT Communications, Inc. (NYSE MKT: GTT), the leading global cloud networking provider to multinational enterprises, announced it has closed, effective today, the acquisition of UNSi, a communications company providing data services to large enterprise and carrier clients.
Currently operating at an approximate $55 million annualized revenue run rate, UNSi delivers high capacity Ethernet and MPLS wide-area-network solutions, Internet services and a broad range of managed services to more than 2,000 clients headquartered in the United States.
"The UNSi acquisition complements GTT's strategy to extend ubiquitous network connectivity, to expand our portfolio of cloud networking solutions, and to deliver outstanding client experience. We are adding a great team of employees throughout sales, service delivery, network engineering, operations and back-office support to ensure we deliver for our growing client base with simplicity, speed and agility", said Rick Calder, President and CEO of GTT. "This transaction is another step toward our next financial objective of $400 million in revenue and $100 million in adjusted EBITDA".
"We are excited about the opportunity and potential of the combined company on behalf of UNSi clients, and we look forward to a smooth transition and integration", said Francis D. John, President and CEO of UNSi.
GTT acquired UNSi for $40 million comprised of a combination of cash and stock. "We financed the acquisition with cash-on-hand and a $15 million delayed draw term loan under our existing credit agreement", said Michael Bauer, Chief Financial Officer of GTT. "In August, we completed a debt financing strengthening our balance sheet and providing the company with the flexibility to pursue accretive acquisitions, such as UNSi, which accelerate our growth strategy".
About GTT
GTT operates a global Tier 1 IP network with the most interconnected Ethernet service platform around the world. We provide highly reliable, scalable and secure cloud networking services. Our clients trust us to deliver solutions with simplicity, speed, and agility that are unmatched by other network providers. For more information, visit www.gtt.net.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains "forward-looking statements" that involve substantial risks and uncertainties, including statements about the combined entities' financial and operational performance and expectations about the impact of the acquisition on our business. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words "anticipates", "believes", "efforts", "expects", "estimates", "projects", "proposed", "plans", "intends", "may", "will", "would", and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ
materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. Factors that might cause such differences include, but are not limited to: (i) any post-closing adjustment to the purchase price pursuant to the terms of the purchase agreement between GTT and the Company; (ii) our ability to successfully integrate the acquired business and in a timely manner; (iii) the risk that cost savings and other benefits we expect to receive may not materialize in part or at all; and (iv) other important factors included in our reports filed with the Securities and Exchange Commission (the "SEC"), particularly in the "Risk Factors" section of our Annual Report on Form 10-K for the period ended December 31, 2013, as such Risk Factors may be updated from time to time in subsequent reports. Furthermore, such forward-looking statements speak only as of the date of this press release. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements, except as required by law.
Please contact:
GTT Media Inquiries
GTT Investor Relations Inquiries
Ann Rote
Greg McNiff
1.703.677.9941
1.703.454.9412
ann.rote@gtt.net
gregory.mcniff@gtt.net

text: GTT

text: UNSi

text: GTT Communications, Inc.

text: GTT

text: UNSi

text: UNSi

text: UNSi

text: GTT

text: Rick Calder

text: GTT

text: UNSi

text: Francis D. John

text: UNSi

text: GTT

text: UNSi

text: Michael Bauer

text: GTT

text: UNSi

text: GTT

text: GTT

text: GTT

text: GTT

text: GTT


text:
EX-99.1
2
v022655_ex99-1.txt
EXHIBIT 99.1
Contacts: Elaine Chin David Brunton
Media Relations Investor Relations
(925) 355-7604 (925) 355-7700
ychin@sbei.com davidb@sbei.com
SBE, Inc. Completes Acquisition of PyX Technologies
Acquisition positions SBE to lead the IP storage revolution
with powerful, highly reliable iSCSI solutions for next generation SANs
SAN RAMON, CA - July 26, 2005 - SBE, Inc. (NASDAQ: SBEI), a leading provider of
high-performance IP-based networking solutions for next generation
communications and storage systems today announced it has completed its
acquisition of privately-held PyX Technologies, a pioneering supplier of iSCSI
software products. Concurrent with the acquisition, the Company completed a
private financing raising gross proceeds totaling $5,150,000.
Specializing in advanced IP storage solutions, PyX Technologies' flagship iSCSI
Target and Initiator software represent a standards-based, fault-tolerant and
cost-efficient method for transporting data to and from networked storage. The
PyX iSCSI products enable location-independent data storage and retrieval,
featuring full error recovery, load balancing, and multi-path capabilities
previously available only in costly Fibre Channel architectures.
According to recent data by market research firm International Data Corporation
(IDC), industry-wide iSCSI revenues grew to $113 million in 2004 from just $18
million in the prior year. Furthermore, IDC forecasts IP SAN revenues will reach
$296 million in 2005, and explode to $2.7 billion by 2008. "We believe that
SBE's established strengths in network communications technology, when combined
with PyX's groundbreaking innovations in iSCSI data transport reliability, will
drive the adoption of iSCSI as the platform of choice for building stable,
affordable, and truly enterprise-class Storage Area Networks (SANs) via Internet
Protocol (IP). We are excited to be on the leading edge of products described by
many as a disruptive technology. Industry experts expect iSCSI to dramatically
increase the capabilities and performance of storage data transmission - and
with LAN support for 1 Gigabit and 10 Gigabit networks - eventually displace the
incumbent products", commented Dan Grey, President and CEO of SBE.
- more -
SBE, Inc. Completes Acquisition of PyX Technologies--Page 2
In 2004, SBE and PyX announced a strategic alliance to develop an integrated
hardware/software network communications solution combining PyX's iSCSI
Initiator/Target with SBE's TCP/IP Offload Engine. "With the SBE/PyX partnership
gaining momentum and attracting interest over the past year among OEMs in
storage systems as well as networking equipment, it proves logical to take our
partnership with PyX to the next level. Merging the technologies and resources
of SBE and PyX allows us to bring a broader spectrum of enterprise-quality IP
storage solutions to market, leverage our existing customer base, and accelerate
our plans to make the PyX iSCSI bundle the de facto standard for
mission-critical IP storage", continued Grey.
With the completion of the acquisition, the PyX Technologies team joins SBE's
newly formed Storage business unit, headed by Greg Yamamoto, who until the time
of the acquisition served as Chief Executive Officer of PyX. Mr. Yamamoto was
previously Co-Founder and COO of DataPath Systems, Inc. PyX Co-Founder, Andre
Hedrick, assumes the position of Chief Technology Officer for SBE. Hedrick
served as a maintainer of the Linux ATA/ATAPI Subsystem, and has been an active
member of several well-recognized industry organizations, including the National
Committee for Information Technology Standards T13 Technical Committee and the
Serial ATA Working Group.
About SBE
SBE designs and provides IP-based networking solutions for an extensive range of
applied computing applications. SBE delivers a portfolio of scalable,
standards-based hardware and software products, including iSCSI and VoIP,
designed to enable optimal performance and rapid deployment across a wide range
of next generation communications and storage systems. Based in San Ramon,
California, SBE is a publicly traded company (NASDAQ: SBEI) with products sold
worldwide through direct sales, OEMs and system integration partners. For
additional information, please visit www.sbei.com.
# # # #
This news release contains certain forward-looking statements that involve risks
and uncertainties, including statements about new product features, market
opportunity for new products, and the demand for services that may be offered by
SBE's customers. Such statements are only predictions and the company's actual
results may differ materially from those anticipated in these forward-looking
statements. Factors that may cause such differences include, but are not limited
to, risks related to the company's reliance on a small number of OEM customers,
rapidly changing product requirements, the introduction of new products, market
acceptance of the company's products, and reliance on strategic partners. These
factors and others are more fully discussed in the documents the company files
from time to time with the Securities and Exchange Commission, particularly, the
company's most recent Form 10-K and Form 10-Q.
SBE and the SBE logo are registered trademarks of SBE, Inc. All other brand or
product names are trademarks or registered trademarks of their respective
holders.

text: SBE, Inc.

text: PyX Technologies

text: SBE

text: SBE, Inc.

text: PyX Technologies

text: PyX Technologies

text: SBE

text: Dan Grey

text: SBE

text: SBE, Inc.

text: SBE

text: SBE

text: SBE

text: PyX Technologies

text: SBE

text: SBE

text: SBE

text: SBE

text: SBE

text: SBE

text: SBE

text: SBE

text: SBE

text: SBE, Inc.


text:
EX-99.1
6
f8k052119ex99-1_inpixon.htm
PRESS RELEASE, DATED MAY 22, 2019
Exhibit 99.1
News
Release
For
release on Wed., May 22, 2019 at 5:30 a.m. PT
Inpixon
Completes Acquisition of Locality Systems Inc.
Inpixon
Now Offers a Comprehensive Indoor Positioning Product Line, From an Wi-Fi-only Entry Point Solution to Wi-Fi+Bluetooth+Cellular
Device Positioning for Physical Cyber Security and Visitor Analytics
PALO
ALTO, Calif. - Inpixon (Nasdaq: INPX) (the "Company" or "Inpixon"), a leading indoor positioning
and data analytics company, today announced it has completed the acquisition of Locality Systems Inc. ("Locality Systems"),
a technology company based near Vancouver, Canada, specializing in wireless device positioning and radio frequency (RF) augmentation
of video surveillance systems. Inpixon, through its wholly owned subsidiary, Inpixon Canada, Inc., acquired all of the outstanding
common shares of Locality Systems.
"Inpixon
can now offer what we believe is one of the indoor positioning market's most comprehensive product lines for visitor analytics
and physical cyber security", said Nadir Ali, Inpixon CEO. "We think Locality's Wi-Fi-based analytics solution
is a great entry point for customers starting out in indoor positioning. We expect the offering to increase the number of new
Inpixon customers and to help us capture a significant share of the fast-growing Wi-Fi analytics market
1
. Those new
customers will have the option to upgrade to IPA Pod and IPA Sensor 4000 as they experience the many uses and benefits of Indoor
Positioning Analytics".
Locality
Systems' video management system (VMS) integration, currently available for a number of leading VMS vendors, can assist
security personnel in identifying potential suspects and tracking their movements cross-camera and from one facility to another.
The solution is designed to enhance traditional security video feeds by correlating RF signals with video images.
"From
our standpoint, the RF-video correlation offering is a unique and powerful tool to help businesses identify persons of interest
and to improve security and safety", commented Frank Hallett, Locality Systems' CTO. "We believe this solution
is breaking new ground, and we will continue to innovate with the additional sensor fusion Inpixon has planned".
"I'm
thrilled to be joining the Inpixon team", commented Kirk Moir, Locality Systems CEO. "The location intelligence technology
developed at Locality is a great fit within the Inpixon product line. I look forward to working with the rest of the Inpixon team
to take the expanded product line to Inpixon's customers, prospects and reseller partners in the Wi-Fi analytics space and
also the broader, and similarly fast-growing, indoor positioning market
2
."
Answers
to frequently asked questions about this announcement can be found on the FAQ available here.
1
The
Wi-Fi analytics market is expected to grow from USD 2.94 Billion in 2017 to USD 10.72 Billion by 2022, at a CAGR of 29.54% during
the forecast period, according to Marketandmarkets.
2
The
global indoor location market size is expected to grow from USD 7.11 Billion in 2017 to USD 40.99 Billion by 2022, at a CAGR of
42.0% during the forecast period, according to Marketsandmarkets.
In
accordance with the terms of a Securities Purchase Agreement, dated May 21, 2019 ("Purchase Agreement"), Inpixon,
through its wholly owned subsidiary Inpixon Canada, Inc., as purchaser, acquired 100% of the outstanding shares of Locality Systems
in exchange for consideration consisting of a combination of cash and shares of Inpixon's common stock. For further information
regarding the terms and conditions of the acquisition contained in the Purchase Agreement, and other related transactions, please
see Inpixon's Current Report on Form 8K, which will be filed with the Securities and Exchange Commission, in connection
with this transaction.
About
Inpixon
Inpixon
(Nasdaq: INPX) is a leader in Indoor Positioning Analytics (IPA). Inpixon IPA Sensors are designed to find all accessible cellular,
Wi-Fi, and Bluetooth devices anonymously. Paired with a high-performance data analytics platform, this technology delivers visibility,
security, and business intelligence on any commercial or government location worldwide. Inpixon's products and professional
services group help customers take advantage of mobile, big data, analytics, and the Internet of Things (IoT) to uncover the untold
stories of the indoors. For the latest insight on IPA, follow Inpixon on LinkedIn, @InpixonHQ on Twitter, and visit inpixon.com.
Safe
Harbor Statement
All
statements in this release that are not based on historical fact are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements
included in this release on its current expectations, the information on which such expectations were based may change. These
forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties
and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results
to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the intregation
of the products of Locality Systems, continued development of Inpixon's existing and new products, customer demand for additional
IPA products, the fluctuation of economic conditions, the performance of management and employees, Inpixon's ability to
obtain financing, competition, general economic conditions and other factors that are detailed in Inpixon's periodic and
current reports available for review at sec.gov. Furthermore, Inpixon operates in a highly competitive and rapidly changing environment
where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements
as a prediction of actual results. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking
statements.
Contact
Inpixon
Investor Relations:
CORE
IR
Scott
Arnold, Managing Director
+1
516-222-2560
www.coreir.com

text: Inpixon

text: Locality Systems Inc.

text: Inpixon

text: Inpixon

text: Inpixon

text: Locality Systems Inc.

text: Locality Systems

text: Inpixon

text: Inpixon

text: Locality Systems

text: Inpixon

text: Inpixon

text: Inpixon

text:
Locality
Systems

text: Locality Systems

text: Inpixon

text: Inpixon

text: Locality Systems

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text: Locality Systems

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text: Locality Systems

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text: Inpixon

text:
Scott
Arnold


text:
EX-99.2
13
d203106dex992.htm
EX-99.2
EX-99.2
Exhibit 99.2
Enjoy Technology Completes Business Combination with Marquee Raine Acquisition Corp. to Become a Publicly Traded Company Reinventing
"Commerce at Home"
Enjoy Common Stock to Begin Trading on Nasdaq Stock Exchange Under the Ticker Symbol "ENJY"
on October 18, 2021
Enjoy Has Raised More Than $250 Million Gross to Support Accelerating Growth, Launch of Transformational
Smart Last Mile
TM
Solution and Expansion to Approximately 100 North American Markets
Enjoy to Ring the Nasdaq Opening Bell on October 18, 2021
Palo Alto, CA - October
15, 2021
-
Enjoy Technology, Inc
. ("Enjoy" or the "Company"), a
technology-powered service platform reinventing "Commerce at Home", today announced the completion of its business combination with Marquee Raine Acquisition Corp. ("Marquee Raine") (NASDAQ: MRAC), a
TMT-focused
special purpose acquisition company, to become a publicly traded company. The combined company will operate as Enjoy Technology, Inc. and its common stock and warrants will begin trading on the Nasdaq
stock exchange ("Nasdaq") under the ticker symbols "ENJY" and "ENJYW", respectively, on October 18, 2021.
The business
combination was approved at a special meeting of Marquee Raine shareholders held on October 13, 2021. Enjoy raised more than $250 million gross in growth capital over the course of the transaction.
"Today marks a significant milestone for Enjoy", said Ron Johnson, CEO and Founder of Enjoy. "At Enjoy, we are pioneering the next disruptive
channel in retail as we reinvent "Commerce at Home". We are launching our Smart Last Mile
TM
solution to reimagine the last mile for our partners by providing fast, convenient and
personalized experiences for customers. As a public company, we believe Enjoy is poised to scale our business, add new services and meet our partners' requests to accelerate our expansion into new markets. We are excited to embark on this new
chapter with Marquee Raine and all of our investors as we meet the expected increasing demand for Enjoy".
"We believe Enjoy is at the forefront
of the transformation underway in retail, driven by an unmatched level of customer satisfaction and its proprietary mobile technology platform", said Tom Ricketts,
Co-Chairman
of Marquee Raine, Executive
Chairman of the Chicago Cubs and a member of Enjoy's Board of Directors. "With its innovative platform and strong partnerships with the world's leading consumer companies, we believe Enjoy is positioned for long-term growth and
success. We look forward to working with Ron and the entire Enjoy team through its next chapter as a public company".
"We are thrilled to
complete our combination with Enjoy", said Brett Varsov,
Co-CEO
of Marquee Raine, Partner at The Raine Group and a member of Enjoy's Board of Directors. "As Enjoy enters the public markets, the
Company has a strong market position, is expanding its relationships with key partners and is making the right investments to capitalize on its first-mover advantage to achieve long-term growth and success".
CEO and Founder Ron Johnson will continue to lead the combined company, along with Enjoy's management team, through Enjoy's next phase of growth,
innovation and expansion with its key partners.
As the retail market accelerates its shift toward "Commerce at Home", Enjoy continues to see
increasing demand for its personalized, convenient retail experiences and services. This quarter, Enjoy is launching its complete Smart Last Mile
TM
solution in North America, a transformational
service expansion that positions Enjoy to access significantly more inventory and address a larger share of its partners' customer demand in time for the 2021 holiday season. In response to requests from its partners, Enjoy plans to expand to
serve a total of approximately 100 markets in North America and expand its global population coverage to about 235 million addressable customers.
Enjoy will be ringing the Nasdaq opening bell at 9:30 a.m. ET on October 18, 2021. The opening bell ceremony will be broadcast live on
Nasdaq
'
s website
.
Advisors
The Raine Group ("Raine") acted as lead financial advisor to Marquee Raine. Houlihan Lokey acted as financial advisor to Marquee Raine. Credit Suisse
Securities (USA) LLC ("Credit Suisse") acted as lead capital markets advisor and financial advisor to Enjoy. Goldman Sachs & Co. LLC ("Goldman Sachs") also acted as financial advisor to Enjoy. Baird, Stifel
Nicolaus & Company, Telsey Advisory Group, LLC and Loop Capital Markets acted as capital markets advisors to Enjoy. Weil, Gotshal & Manges LLP acted as legal advisor to Marquee Raine and Cooley LLP acted as legal advisor to Enjoy.
Raine, Credit Suisse and Goldman Sachs acted as placement agents on the private placement.
About Enjoy Technology
Enjoy Technology is a
technology-powered platform reinventing "Commerce at Home" to bring the best of the store directly to the customer. Enjoy has formed multi-year commercial relationships with some of the world's leading consumer brands to bring the
products, services and subscriptions their customers love through the door directly in the comfort and convenience of their homes.
Co-founded
by Apple retail strategist, Ron Johnson, Enjoy has pioneered a new
retail experience that we believe can do everything a traditional retail experience offers, but better, through its Mobile Stores. Enjoy currently operates in the United States, Canada and the United Kingdom. Headquartered in Palo Alto, CA, Enjoy is
leading the reinvention of "Commerce at Home." To learn more about Enjoy, please visit:
www.enjoy.com/
.
About Marquee Raine
Acquisition Corp.
Marquee Raine Acquisition Corp. is a blank check company whose business purpose is to effect a merger, share exchange, asset
acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While the company may pursue an acquisition opportunity in any business industry or sector, it intends to focus on high growth
sectors of TMT including, but not limited to, opportunities in interactive entertainment and games, real money gaming, digital media, sports and sports-enabled assets, health and wellness,
out-of-home
and live entertainment, audio content and podcasting, technology, or other opportunities in adjacent sectors.
Forward Looking Statements
This press release contains
forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact contained in this release, including statements regarding Enjoy's future operating results and financial
position, business strategy and plans, objectives of management for future operations are forward-looking statements. These statements are based on Enjoy's current expectations, assumptions, estimates and projections. These statements
involve known and unknown risks, uncertainties and other important factors that may cause Enjoy's actual results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements are based on management's current expectations and assumptions regarding the Enjoy's business, the economy and other
future conditions.
In some cases, you can identify forward-looking statements by terms such as "believe", "project,"
"expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would,"
"will be", "will continue", "will likely result" or the negative of these terms or other similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are
based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, without
limitation, those factors described in the Company's filings with the Securities and Exchange Commission.
Because forward-looking statements are
inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are
made. New risks and uncertainties arise over time, and it is not possible for Enjoy's to predict those events or how they may affect Enjoy. If a change to the events and circumstances reflected in Enjoy's forward-looking statements occurs,
Enjoy's business, financial condition and operating results may vary materially from those expressed in Enjoy's forward-looking statements. If a change to the events and circumstances reflected in Enjoy's forward-looking statements
occurs, Enjoy's business, financial condition and operating results may vary materially from those expressed in Enjoy's forward-looking statements. Except as required by applicable law, Enjoy does not plan to publicly update or revise any
forward-looking statements contained herein, whether as a result of any new information, future events or otherwise.
Contacts:
For Enjoy Technology:
Media
Abernathy MacGregor
Tom Johnson and Dan Scorpio
tbj@abmac.com
/
dps@abmac.com
917-747-6990
/
646-899-8118
Investors
Abernathy MacGregor
Sheila Ennis and Sarah Knakmuhs
sbe@abmac.com
/
sfk@abmac.com
510-604-8027
/
202-913-4802
For Marquee Raine Acquisition Corp.:
Culloton + Bauer Luce and ASC Advisors
Dennis Culloton and
Taylor Ingraham
dc@cullotonbauerluce.com
/
tingraham@ascadvisors.com
312-228-4780
/
203-992-1230

text: Enjoy Technology

text: Marquee Raine Acquisition Corp.

text: Enjoy Technology

text: Marquee Raine Acquisition Corp.

text: Enjoy Technology

text: Ron Johnson

text: The Raine Group

text: Ron Johnson

text: The Raine Group

text: Houlihan Lokey

text:
Credit Suisse
Securities

text: Goldman Sachs & Co. LLC

text: Loop Capital Markets

text: Weil, Gotshal & Manges LLP

text: Cooley LLP

text: Enjoy Technology

text: Enjoy Technology

text: Ron Johnson

text:
Marquee Raine
Acquisition Corp.

text: Marquee Raine Acquisition Corp.

text: Enjoy Technology

text: Marquee Raine Acquisition Corp.


text:
EX-99.1
4
ex-991pressreleasecaraustar.htm
EXHIBIT 99.1
Exhibit
EXHIBIT 99.1
Press Release: Greif Completes Acquisition of Caraustar Industries
Greif, Inc. (NYSE: GEF, GEF.B) ("Greif") today announced that it has completed its previously announced acquisition of Caraustar Industries, Inc.
"I am pleased that we have completed the acquisition of Caraustar Industries and I welcome our new colleagues to the Greif team", said Pete Watson, Greif's President and Chief Executive Officer. "The addition of Caraustar bolsters our leadership position and enhances our existing portfolio of packaging solutions. We look forward to delivering on the opportunities that the addition of Caraustar provides for our team, our customers and our shareholders".
Greif estimates that it will be able to achieve at least $45 million in cost synergies and performance improvements within the next 36 months through the integration of the former Caraustar operations into Greif's existing business. Greif also anticipates that the acquisition will enhance Greif's existing margins; be immediately accretive to earnings and free cash flow; and strengthen and balance Greif's existing portfolio. Greif believes that integration risk is low given Caraustar's operational adjacency to Greif and the strong cultural fit between the companies.
Caraustar's financial results will be reported within Greif's Paper Packaging and Services segment going forward. Greif's Fiscal 2019 guidance will be updated for the inclusion of Caraustar in conjunction with the release of the company's first quarter fiscal 2019 results.
Greif financed the $1,800.0 million all-cash acquisition from the proceeds of the issuance of $500.0 million of new senior unsecured notes and from refinancing its secured credit facilities and new term loans in the principal amount of $1,675.0 million. As part of the transaction, Greif will redeem its $250.0 million of 7.75 percent senior unsecured notes due August 2019. As a result of the new financing, Greif's overall weighted cash interest rate fell to approximately 4.90 percent.
About Greif
Greif is a global leader in industrial packaging products and services and is pursuing its vision: in industrial packaging, be the best performing customer service company in the world. The company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. Greif also manages timber properties in the southeastern United States. The company is strategically positioned in over 40 countries to serve global as well as regional customers. Additional information is on the company's website at www.greif.com.
About Caraustar
Caraustar Industries, Inc. is a leader in the manufacturing of high-quality recycled materials and paper products. The company is committed to environmentally sound practices and is dedicated to providing customers with outstanding value through innovative products and services. Caraustar's four business lines include Recycling Services, Mill Group (coated and uncoated paperboard and specialty paperboard products), Industrial Products Group (tubes and cores, construction products, protective packaging, adhesives) and Consumer Packaging (folding cartons, set-up boxes, packaging services). Caraustar serves four principal recycled boxboard product end-use segments: tubes and cores; folding cartons; gypsum facing paper; and specialty paperboard products.
Cautions Concerning Forward-Looking Statements
This communication may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to Greif's acquisition of Caraustar Industries, Inc. and other statements about future expectations, prospects, estimates and other matters that are dependent upon future events or developments. These forward-looking statements may be identified by words such as "expect", "anticipate", "intend", "plan", "believe", "will", "should", "could", "would", "project,"
"continue", "likely", and similar expressions, and include statements reflecting future results, trends or guidance, and statements of outlook. All forward-looking statements are based on assumptions, expectations and other information currently available to management. All forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those forecasted, projected or anticipated, whether expressed or implied. These risks and uncertainties include: the impact of indebtedness incurred by Greif in connection with the transaction and the potential impact on the rating of indebtedness of Greif; the ability to retain Caraustar's businesses and its customers and employees; the ability to successfully integrate the acquired businesses into Greif's operations, and the ability to achieve the expected synergies as well as accretion in margins, earnings or cash flow; competitive pressures in Greif's various lines of business; the risk of non-renewal or a default under one or more key customer or supplier arrangements or changes to the terms of or level of purchases under those arrangements; uncertainties with respect to U.S. tax or trade laws; the effects of any investigation or action by any regulatory authority; and changes in foreign currency rates and the cost of commodities. Greif is subject to additional risks and uncertainties described in its Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those reports. This release reflects management's views as of February 11, 2019. Except to the extent required by applicable law, Greif undertakes no obligation to update or revise any forward-looking statement.
For more information, please contact:
Investors: Matt Eichmann, Vice President, Investor Relations & Corporate Communications, 740-549-6067

text: Greif

text: Caraustar Industries

text: Greif

text: Greif

text: Caraustar Industries, Inc.

text: Caraustar Industries

text: Greif

text: Greif's

text: Greif

text: Greif's

text: Greif

text: Greif's

text: Greif's

text: Greif

text: Greif

text: Greif's

text: Greif's

text: Greif

text: Greif

text: Greif's

text: Greif

text: Greif

text: Greif

text: Caraustar Industries, Inc.

text: Greif's

text: Caraustar Industries, Inc.

text: Greif

text: Greif

text: Greif's

text: Greif's

text: Greif

text: Greif

text: Matt Eichmann


text:
EX-99.1
3
d68584exv99w1.htm
EX-99.1
exv99w1
Exhibit 99.1
NEWS RELEASE
Contact: Lynne Warne
(615) 974-6003
warnely@voughtaircraft.com
Vought Concludes Sale of South Carolina Operations
DALLAS, JULY 30, 2009 - Vought Aircraft Industries, Inc. today announced that it completed the
sale of the business and operations conducted at its South Carolina facility to a subsidiary of The
Boeing Company. The Vought facility, located in North Charleston, performs fabrication, and
assembly of structures and systems installation of 787 aft-fuselage sections.
"Although we have now closed an important chapter in our company's history, we take pride in
knowing Vought's contribution will live on in this revolutionary aircraft", said Elmer Doty,
president and CEO of Vought Aircraft Industries. "We salute the successful collaboration on this
historic 787 project with state and local officials, business and education leaders and our
employees from South Carolina. We are proud to have played a role in establishing the aerospace
industry in the Lowcountry".
Vought Aircraft Industries, Inc. (
www.voughtaircraft.com
) is one of the world's
largest independent suppliers of aerostructures. Headquartered in Dallas, the company designs and
manufactures major airframe structures such as wings, fuselage subassemblies, empennages, nacelles
and other components for prime manufacturers of aircraft. Vought has annual revenue of
approximately $1.8 billion and about 6,000 employees in eight U.S. locations.
###
Vought Aircraft Industries, Inc. Post Office Box 655907 Dallas, Texas 75265-5907 www.voughtaircraft.com

text: Vought Aircraft Industries, Inc.

text:
subsidiary of The
Boeing Company

text: Elmer Doty

text: Vought Aircraft Industries, Inc.

text: Vought Aircraft Industries, Inc.


text:
EX-99.1
2
b414665ex99_1.txt
EXHIBIT 99.1
Exhibit 99.1
VELOCITY EXPRESS COMPLETES ACQUISITION OF CD&L, INC.,
CREATES MARKET LEADER IN TIME DEFINITE LOGISTICS SOLUTIONS
ACQUISITION TO DOUBLE REVENUES TO OVER $440 MILLION AND
PROVIDE GROWTH OPPORTUNITIES
OVER $38 MILLION IN COST SAVINGS ANTICIPATED OVER NEXT 18 MONTHS
WESTPORT, CT, August 17, 2006 -- Velocity Express Corporation (NASDAQ: VEXP) and
CD&L, Inc. (AMEX:CDV) announced the acquisition of all of the issued and
outstanding shares of CD&L by Velocity Express for cash consideration of $3.00
per share. Shareholders of CD&L approved the acquisition at a special meeting of
shareholders held earlier today. As a result, the stock of CD&L will cease
trading on the American Stock Exchange.
The acquisition creates the largest time definite logistics company in North
America, with more than $440 million in annual revenues and 5,500 independent
contractor drivers, operating from 150 locations in leading markets across the
United States and Canada.
The combination of CD&L and Velocity Express is expected to provide important
strategic and financial benefits:
* Increased market coverage: CD&L and Velocity combined routes will provide
customers with broader reach and guaranteed delivery time
* Unmatched customer programs combining proprietary track and trace, and
electronic signature capture technology will provide customers with the
industry's best service offering
* A diverse and expanded customer base across multiple market sectors,
including: healthcare, retail, service parts replenishment and financial
industries, among others.
* A strengthening of Velocity's already excellent managerial team
"This is an exciting transformative acquisition that brings together two
complementary businesses to create the leader in the time definite local
delivery marketplace", stated Vincent Wasik, Chairman and CEO of Velocity
Express. "The opportunity before us is considerable. This is a multi-billion
dollar market that remains fragmented and underserved. The acquisition of CD&L
accelerates Velocity Express' strategy of creating a potent North American brand
while retaining our local focus. By leveraging the best practices of each
company across the combined business, we are positioned to deliver enhanced
service to Fortune 500 customers and small companies alike, providing us with
the opportunity for what we believe can be exciting future organic growth".
"We are on track to execute quickly against a clearly defined strategic
integration plan", added Mr. Wasik. "An outstanding team, comprised of members
of Velocity Express, CD&L, and consultants from Alvarez & Marsal, has been hard
at work and have identified over $38 million in value creation which we expect
to realize over the next 18 months through operating efficiencies and
elimination of duplicate costs. As just one example, implementation of
Velocity's proprietary track and trace and route management technology for
independent contractors should help bring CD&L's gross margins in line with our
own, while improving customer service and flexibility".
The combined entity will operate under the Velocity Express name and be
headquartered in Westport, CT.
VELOCITY EXPRESS CORPORATION
Velocity Express has one of the largest time definite nationwide delivery
networks, providing a national footprint for customers desiring same day service
throughout the United States. The Company's services are supported by a
customer-focused technology infrastructure, providing customers with the
reliability and information they need to manage their transportation and
logistics systems, including a proprietary package tracking system that enables
customers to view the status of any package via a flexible web reporting system.
Visit www.velocityexpress.com for more information.
ABOUT CD&L, INC.
CD&L, Inc. operates from 98 locations in 25 states, including operations in 28
customer owned facilities, providing last mile delivery solutions to various
industries. The company has over 1,500 employees and utilizes approximately
2,900 independent contractor drivers to provide time-sensitive delivery services
to thousands of customers across the country.
For purposes of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995, readers should be aware that this press release
includes certain "forward-looking statements" that involve risks and
uncertainties that could cause actual results to differ materially. These
statements are typically preceded by words such as "believes", "expects,"
"anticipates", "intends", "will", "may", "should", or similar expressions. Such
statements are based upon, among other things, assumptions made by, and
information currently available to, management, including management's own
knowledge and assessment of the industry in which Velocity and CD&L operate.
Factors that may cause actual results to differ materially from those expressed
or implied by such forward-looking statements include, but are not limited to,
the risk of successful integration of the two companies, the ability to achieve
enhanced route density, the ability to retain customers, independent contractors
and employees, the ability to achieve operating efficiencies and eliminate
duplicate costs, the ability to double the size of the company, as well as the
risks and uncertainties detailed from time to time in the Velocity Express and
CD&L's filings with the Securities and Exchange Commission, including their most
recently filed reports on Form 10-Q and 10-K. Velocity Express and CD&L disclaim
any obligations to update any forward-looking statement as a result of
developments occurring after the date of this press release or to conform them
to actual results.
Contact:
Velocity Express, Inc.
Edward W. (Ted) Stone, 203-349-4199
tstone@velocityexp.com
or
Steven S. Anreder, 212-532-3232
steven.anreder@anreder.com
For CD&L:
Russell Reardon, 201-487-7740
russ.reardon@cdl.net

text: VELOCITY EXPRESS

text: CD&L, INC.

text: Velocity Express

text: CD&L, Inc.

text: CD&L

text: Velocity Express

text: CD&L

text: CD&L

text: CD&L

text: Velocity Express

text: CD&L

text: Vincent Wasik

text:
Velocity
Express

text: CD&L

text: Velocity Express

text: Velocity Express

text: CD&L

text: CD&L

text: Velocity Express

text: VELOCITY EXPRESS

text: Velocity Express

text: CD&L, INC.

text: CD&L, Inc.

text: CD&L

text: Velocity Express

text: CD&L

text: Velocity Express

text: CD&L

text: Velocity Express

text: CD&L


text:
EX-99.1
10
a09-26146_1ex99d1.htm
EX-99.1
Exhibit 99.1
MDI
Completes Private Placement and Acquisition of Almana Networks International, Inc.
SAN ANTONIO, TEXAS (September 11,
2009) - MDI, Inc. (PINK SHEETS:MDIZ) announced today that it has closed a
private placement transaction in which it sold 4,000,000 shares of its common
stock at $0.25 per share and issued a warrant to purchase 4,000,000 shares of
common stock at an exercise price of $0.60 per share to MDI Investments, LLC.
In connection with the transaction, four directors nominated by MDI Investments,
LLC were appointed to the Board of Directors of MDI, Inc. These directors
are Swaraj Bontula, John Linton, J.V.N. Prakash Rao and Brett Saevitzon.
MDI also announced that
it had closed the acquisition of all the issued and outstanding shares of
Almana Networks International, Inc. ("ANI") from the stockholders of ANI in exchange for
the issuance of an aggregate of 9,500,000 shares to such stockholders.
2,500,000 of the 9,500,000 shares are subject to a Call Agreement by and among
MDI and the ANI stockholders, pursuant to which MDI has a right to repurchase a
certain number of such shares at their market value on the date of issuance in
the event that ANI fails to meet certain revenue thresholds. 7,000,000 of the
9,500,000 are currently held in escrow by MDI, and will be released monthly to
the Holders upon the attainment of certain revenue thresholds by ANI.
ANI was incorporated in
the State of Delaware on June 5, 2009. Through the issuance of shares of
ANI's common stock to Almana Networks Solutions, a leading Qatar-based network
technology solutions company, ANI purchased a wholly-owned subsidiary of Almana
Network Solutions that is a party to certain contracts that have been awarded
or are currently being fulfilled in the countries of Qatar, India and Saudi
Arabia, and represent anticipated revenues in excess of $19 million.
Through ANI's contractual
arrangements with Almana Networks Solutions, ANI is able to provide global
technology and electronic security solutions focused on international
governments, critical infrastructure, public safety and global commercial
enterprise clients. ANI is capable of
delivering integrated security solutions (access, video, fire, alarm), door
security solutions (locks, hardware), enterprise communication systems (VOIP,
wireless, cellular), enterprise software solutions and high-technology
infrastructure design, network integration (wired and wireless) and expert
maintenance. ANI's customer base primarily comes from the defense, homeland
security and industrial security sectors.
ANI has several contracts under final negotiation that MDI anticipates
will serve as the foundation for the international opportunities that will
drive future revenue streams.
MDI announced that it had
closed the sale of all of the issued and outstanding stock of Monitor Dynamics, Inc.,
a wholly-owned subsidiary of MDI that owned and operated MDI's security systems
business, to 214 Investments, Inc. ("214"), an entity partly owned by J.
Collier Sparks, MDI's President, Chief Executive Officer and a director, in
exchange for the issuance to MDI of an unsecured convertible promissory note in
the amount of $750,000. MDI also announced that it has entered into an Option
Agreement with 214, pursuant to which 214 has the option to purchase all of the
issued and outstanding membership interests of Structure REDS, LLC, a
wholly-owned subsidiary of MDI that owns and operates its general contracting
business. Upon exercise of the option, 214 would issue an unsecured promissory
note to MDI in the amount of $250,000. MDI and 214 have also entered into a services
agreement, providing that, until the exercise of the option, 214 will provide
all necessary services for Structure REDS, LLC to perform its obligations under
all current and future projects. Ninety-nine percent of gross revenues
collected in connection with Structure projects will be paid to 214, and one
percent of gross revenues collected in connection with Structure projects will
be paid to MDI.
MDI announced that all current
officers of MDI have voluntarily resigned, effective as of September 8,
2009 from their positions with MDI. In connection with their resignations, each
acknowledged and agreed that they are neither entitled to nor will they seek
any termination or severance benefit arising out of their employment with MDI
or any employment agreement.
MDI has appointed a new
Chief Executive Officer, Swaraj Bontula, a new President and Secretary, John
Linton, and a new Chief Operating Officer, J.V.N. Prakash Rao. Four
members of the current Board of Directors have tendered their resignations, to
become effective upon the earlier of (i) notice to them by MDI that a
filing pursuant to Rule 14f-1 promulgated pursuant the Securities Exchange
Act of 1934, as amended, is not required, and (ii) 10 days after a filing
pursuant to such Rule has been made.
MDI anticipates that Saud
Almana, Vice Chairman of the Almana Group, a Qatar conglomerate with 43,000
employees, will join the Board of Directors in the near future. As a result of
the acquisition of ANI and its business, MDI anticipates that it will open
offices in India and Qatar in the near future. MDI also announced that it
intends to seek the relisting of its shares on the NASDAQ Stock Exchange.
The offer and sale of the
shares have not been registered under the Securities Act of 1933, as amended,
and the shares may not be offered or sold in the United States absent
registration under such act and applicable state securities laws or an
applicable exemption from those registration requirements. There was no
agreement that MDI would file a registration statement covering the resale of
the common stock issued in the private placement or the acquisition. This press
release shall not constitute an offer to sell or the solicitation of an offer
to buy nor shall there be any sale of these securities in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such
jurisdiction.
Forward-Looking and
Cautionary Statements
Except for historical
information and discussions contained herein, certain statements included in
this press release may constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. All statements
included in this document, other than statements of historical fact, that
address activities, events or developments that management expects, believes or
anticipates will or may occur in the future are forward-looking statements.
These statements represent our reasonable judgment on the future based on
various factors and using numerous assumptions and are subject to known and
unknown risks, uncertainties and other factors that could cause our actual
results and financial position to differ materially from those contemplated by
the statements. You can identify these statements by the fact that they do not
relate strictly to historical or current facts. They use words such as "anticipate,"
"estimate", "project", "forecast", "plan", "may", "will", "should", "expect"
and other words of similar meaning. Investors should not rely on
forward-looking statements because they are subject to a variety of risks and
uncertainties and other factors that could cause actual results to differ
materially from the Company's expectation. Additional information concerning
risk factors is contained from time to time in the Company's SEC filings. The
Company expressly disclaims any obligation to update the information contained
in this release.
Contact:
MDI, Inc.
Investor Relations
Contact:
John Linton, 210-854-4149

text: MDI

text: Almana Networks International, Inc.

text: MDI, Inc.

text: MDI

text: MDI

text: MDI, Inc.

text: MDI

text: Almana Networks International, Inc.

text: ANI

text: ANI

text: MDI

text: ANI

text: MDI

text: ANI

text: MDI

text: ANI

text: ANI

text: ANI

text: ANI

text:
Almana
Network Solutions

text: ANI

text: ANI

text: ANI

text: ANI

text: ANI

text: MDI

text: MDI

text: Monitor Dynamics, Inc.

text: MDI

text: MDI

text: 214 Investments, Inc.

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: MDI

text: ANI

text: MDI

text: MDI

text: MDI

text: MDI, Inc.


text:
EX-99
5
ex99-1a.txt
EX-99.1
EXHIBIT 99.1
PATRON SYSTEMS, INC. ANNOUNCES COMPLETION OF ENTELAGENT ACQUISITION
CHICAGO, April 1/PRNewswire-FirstCall via COMTEX/ -- Patron Systems, Inc.
("Patron") (Pink Sheets: PTRS), a provider of proprietary information security
solutions offering homeland security and legislative compliance to corporations,
municipalities, counties and states, today announced that it has completed the
acquisition of Entelagent Software Corp. ("Entelagent").
On February 28, 2005, Patron announced that it had entered into a definitive
merger agreement to acquire Entelagent, subject only to a formal shareholder
vote as required under California law. On March 16, 2005, a majority of
Entelagent's shareholders approved the merger with Patron pursuant to the
requirements of California law and Entelagent's charter documents. The merger
became effective on March 30, 2005.
Forward-Looking Statements
This release may contain statements that are "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on current estimates and projections about Patron Systems'
business, which are derived in part on assumptions of its management, and are
not guarantees of future performance, as such performance is difficult to
predict. Actual outcomes and results may differ materially from what is
expressed or forecasted in forward-looking statements due to numerous factors.
Such factors include, but are not limited to, the Company's ability to execute
effectively its business plan and acquisition strategy, changes in the market
for information security solutions, changes in market activity, the development
of new products and services, the enhancement of existing products and services,
competitive pressures (including price competition), system failures, economic
and political conditions, changes in consumer behavior and the introduction of
competing products having technological and/or other advantages. These and other
risks are described in the Company's filings with the Securities and Exchange
Commission, which should be read in conjunction herewith for a further
discussion of important factors that could cause actual results to differ
materially from those in the forward-looking statements. The Company assumes no
obligation to update information concerning its expectations.
Contact: Maris J. Licis
Director, Investor Relations
Patron Systems, Inc.
312-396-4031

text: PATRON SYSTEMS, INC

text: ENTELAGENT

text: Patron Systems, Inc

text: Patron

text: Entelagent Software Corp.

text: Entelagent

text: Patron

text: Entelagent

text: Entelagent

text: Patron

text: Entelagent

text: Maris J. Licis

text: Patron Systems, Inc


text:
EX-99.1
2
exhibit991.htm
AUG 20 2012 PRESS RELEASE
Exhibit 99.1
Monday August 20, 2012
FOR IMMEDIATE RELEASE
Washington Federal Announces the Sale of Securities
and the Repayment of Debt
SEATTLE - Washington Federal, Inc. (Nasdaq: WAFD), parent company of Washington Federal, today announced that it has taken steps intended to reduce the Company's interest rate risk and improve its future earnings potential. In the preceding ten days, the Company sold $2.4 billion of fixed rate mortgage-backed securities for a pre-tax gain of $95 million. The securities sold yielded an annualized 3.22% in the month of July, 2012. In the same period, the Company pre-paid $876 million of long term debt at a pre-tax loss of $95 million. The weighted average rate on the retired debt was 3.94%.
In related transactions, the Company also purchased a mix of short and longer term assets totaling $1.7 billion with an anticipated weighted average yield of 1.85%, and restructured an additional $100 million of long term debt to lengthen maturity and reduce the weighted average rate from 4.04% to 3.33%. An ongoing review of the investment portfolio and long-term debt likely will result in additional transactions of a similar nature.
"Given current interest rate conditions, we decided it prudent to harvest most of the steadily diminishing gain in the securities portfolio and prepay high-cost debt. Other balance sheet restructuring is intended to shorten asset duration and lengthen the maturity of liabilities to position the Company for continued long term success", said Roy M. Whitehead, Chairman, President Chief and Executive Officer. "The transactions detailed above are not expected to have a material effect on net earnings this quarter, and will limit potential margin compression from prepayments on securities and provide more financial flexibility in the future".
1
The following table shows the Company's unaudited balance sheet as of June 30, 2012 and a proforma balance sheet taking into account the transactions identified above as if they had occurred on June, 30, 2012, and the updated valuation of available for sale securities not sold as of July 31, 2012.
Status of Proposed South Valley Bank and Trust Acquisition
2
Although final regulatory approval has not yet been received, the Company anticipates that its acquisition of South Valley Bank and Trust, which was announced on April 4, 2012, will close prior to its September 30, 2012 fiscal year-end. The transaction is expected to be immediately accretive to earnings.
About Washington Federal
Washington Federal, with headquarters in Seattle, Washington, has 165 offices in eight western states. To find out more about the Company, please visit our website. The Company uses its website to distribute financial and other material information about the Company, which is routinely posted on and accessible at www.washingtonfederal.com.
Important Cautionary Statements
The foregoing information should be read in conjunction with the financial statements, notes and other information contained in the Company's 2011 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
This press release contains statements about the Company's future that are not statements of historical fact. These statements are "forward looking statements" for purposes of applicable securities laws, and are based on current information and/or management's good faith belief as to future events. The words "believe", "expect", "anticipate", "project", and similar expressions signify forward-looking statements. Forward-looking statements include projections and estimates of loan demand, revenue growth, credit costs, levels of problem assets, earnings, interest rates, regulatory actions or other financial or business items; statements of management's plans, strategies and objectives for future operations; the characterization of the future effects of the reposition transactions on the Company's balance sheet and earnings prospects; and statements regarding future economic, industry or market conditions or performance. Forward-looking statements of this type speak only as of the date of this press release. The Company cautions against placing undue reliance on forward-looking statements, which reflect its good faith beliefs with respect to future events and are based on information currently available to it as of the date the forward-looking statement is made. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the
3
timing when, or by which, such performance or results will be achieved.
By their nature, forward-looking statements involve inherent risk and uncertainties, which change over time, and actual performance or results, could differ materially from those anticipated by any forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statement. If the Company does update any forward-looking statement, no inference should be drawn that the Company will make additional updates with respect to that statement or any other forward-looking statements. The following important factors, in addition to those discussed or referenced in the Company's periodic reports filed with the Securities and Exchange Commission ("SEC"), may cause actual results to differ materially from those contemplated by any forward-looking statements: including, but not limited to, general economic conditions; legislative and regulatory changes, including without limitation the potential effect of the Dodd-Frank Wall Street Reform and Consumer Protection Act and regulations to be promulgated thereunder; monetary fiscal policies of the federal government; changes in tax policies; rates and regulations of federal, state and local tax authorities; changes in interest rates; deposit flows; cost of funds; the level of success of the Company's asset/liability management strategies; demand for loan products; demand for financial services; competition; changes in the quality or composition of the Company's loan and investment portfolios; adequacy of the reserve for loan losses; the level of success in disposing of foreclosed real estate and reducing nonperforming assets; changes in accounting principles; policies or guidelines and other economic, competitive, governmental and technological factors affecting the Company's operations, markets, products, services and fees, including without limitation Washington Federal's ability to comply in a timely and satisfactory manner with the requirements of a memorandum of understanding entered into with the Office of the Comptroller of the Currency.
Notice to SouthValley Shareholders
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed merger transaction between the Company and South Valley Bancorp, Inc. ("South Valley"), a registration statement on Form S-4 was filed with the SEC by the Company. The registration statement contained a proxy statement/prospectus that was distributed to the shareholders of SouthValley
4
in connection with their vote on the merger. SHAREHOLDERS OF SOUTHVALLEYARE ENCOURAGED TO READ THE REGISTRATION STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE PROXY STATEMENT/PROSPECTUS THAT WAS PART OF THE REGISTRATION STATEMENT, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. The final proxy statement/prospectus was mailed to shareholders of SouthValley. Investors and security holders are able to obtain the documents free of charge at the SEC's website, www.sec.gov. In addition, documents filed with the SEC by the Company are available free of charge by accessing our website at www.washingtonfederal.com or by writing the Company at 425 Pike Street, Seattle, WA 98101, Attention: Investor Relations, or by writing South Valley at 803 Main Street, Klamath Falls, OR 97601, Attention: Corporate Secretary.
# # #
Contact:
Washington Federal, Inc.
425 Pike Street, Seattle, WA 98101
CathyCooper
206-777-8246
cathy.cooper@washingtonfederal.com
5

text: Washington Federal

text: Washington Federal, Inc.

text: Washington Federal

text: Roy M. Whitehead

text: Washington Federal

text: Washington Federal

text: Washington Federal

text: Washington Federal, Inc.


text:
EX-99.1
6
pressrelease.htm
PRESS RELEASE
pressrelease.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing
Exhibit 99.1
PRESS RELEASE
Reckson Associates Realty Corp.
SL Green Realty Corp.
625 Reckson Plaza
420 Lexington Avenue
Uniondale, NY 11556
New York, NY 10170
(516) 506-6000 (Phone)
(212) 594-2700 (Phone)
(516) 506-6800 (Facsimile)
(212) 216-1785 (Facsimile)
Contact: Susan McGuire
Contact: Heidi Gillette
SL Green and Reckson Announce Expected Closing Date for Merger
(MANHATTAN, NEW YORK and UNIONDALE, NEW YORK, January 11, 2007) - SL Green Realty Corp. (NYSE: SLG) and Reckson Associates Realty Corp. (NYSE: RA) today announced that they currently expect to close their previously announced merger on or about January 25, 2007.
The closing of the merger remains subject to the terms and conditions of the previously announced merger agreement.
Important Information and Where to Find It
Reckson and SL Green have filed a definitive proxy statement/prospectus as part of a registration statement regarding the proposed transaction with the Securities and Exchange Commission (SEC) on October 19, 2006. Investors and security holders are urged to read the proxy statement/prospectus because it contains important information about SL Green and Reckson and the proposed transaction. Investors and security holders may obtain a free copy of the definitive proxy statement/prospectus and other documents filed by SL Green and Reckson with the SEC at the SEC's website at
www.sec.gov
. The definitive proxy statement/prospectus and other relevant documents may also be obtained free of charge from SL Green or Reckson by directing such request to: SL Green, 420 Lexington Avenue, New York, NY 10170, Attention: Investor Relations, or Reckson, 625 Reckson Plaza, Uniondale, NY 11556, Attention: Investor Relations. Investors and security holders are urged to read the proxy statement, prospectus and other relevant material before making any voting or investment decisions with respect to the merger.
###

text: Reckson Associates Realty Corp.

text: SL Green Realty Corp.

text: Reckson

text: SL Green

text: Reckson

text: SL Green Realty Corp.

text: Reckson Associates Realty Corp.

text: Reckson

text: SL Green

text: SL Green

text: Reckson

text: SL Green

text: Reckson

text: SL Green

text: Reckson

text: SL Green

text: Reckson

text: Reckson