text:
EX-99.1
2
ex_197847.htm
EXHIBIT 99.1
ex_197847.htm
Exhibit 99.1
MCX Technologies Corporation
Announces
Completion of
Divestiture of its Professional Services Business
SAN FRANCISCO, CA, August 5, 2020 /PRNewswire/ - Customer experience solutions company MCX Technologies Corporation (TSXV: MCX) (the "Company") today announced that it has completed the previously announced sale of all of the membership interests in its wholly-owned subsidiary, McorpCX, LLC, to an entity controlled by Michael Hinshaw, the current President of McorpCX, LLC. As part of this transaction, the Company has changed its corporate name from McorpCX, Inc. to MCX Technologies Corporation.
"We believe that the sale of McorpCX, LLC better positions the Company to focus on new opportunities for growth", said Matthew Kruchko, President and CEO, MCX Technologies Corporation.
About MCX Technologies Corporation
MCX Technologies Corporation is a customer experience solutions company focused on pursuing value-enhancing growth opportunities for its shareholders.
For more information, please contact:
General Information: 1-866-526-2655 toll free in the U.S., or 1-415-526-2655
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the United States securities laws and applicable Canadian securities legislation. These statements are, in effect, management's attempt to predict future events, and thus are subject to various risks and uncertainties. Readers should not place undue reliance on forward-looking statements, which reflect management's views only as of the date hereof. All statements, other than statements of historical fact, regarding our financial position, business strategy and management's plans and objectives for future operations are forward-looking statements. When used in this press release, the words "anticipate", "believe", "estimate", "expect", and "intend" and words or phrases of similar meaning, as they relate to the Company and its management are intended to help identify forward-looking statements. Although we believe that management's expectations as reflected in forward-looking statements are reasonable, we cannot assure readers that those expectations will prove to be correct. Forward-looking statements include, but are not limited to, statements relating to the Company's plan to focus on new opportunities for growth. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from any future results expressed or implied by these statements. Such factors, risks, uncertainties and assumptions include, but are not limited to the following: the Company's ability to achieve anticipated benefits from the sale of McorpCX, LLC; global economic fluctuations, including the economic effects of the Coronavirus Pandemic; the Company's ability to successfully achieve its strategic initiatives; competition in the Company's markets; the negative cash flows and operating losses that may recur in the future; the Company's ability to attract and retain highly skilled professionals; and the Company's ability to maintain costs at an acceptable level. In light of these and other uncertainties, including the Company's risk factors contained in the Company's filings with the United States Securities and Exchange Commission, the forward-looking statements included in this press release should not be regarded as a representation by the Company that its plans and objectives will be achieved. These forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise the statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

text: MCX Technologies Corporation

text: MCX Technologies Corporation

text: McorpCX, LLC

text: entity controlled by Michael Hinshaw

text: McorpCX, LLC

text: MCX Technologies Corporation

text: McorpCX, LLC

text: Matthew Kruchko

text: MCX Technologies Corporation

text: MCX Technologies Corporation

text: MCX Technologies Corporation

text: McorpCX, LLC


dataset: buster

text:
EX-99.1
2
v018727_ex99-1.txt
Exhibit 99.1
Monterey Bay Tech Completes Its Acquisition of SecureLogic, Inc. and Completes
$2 Million Financing
NEW YORK--(BUSINESS WIRE)--May 12, 2005--Monterey Bay Tech, Inc. (OTCBB: MBYI -
News) has completed its acquisition of SecureLogic, Inc. In conjunction with the
acquisition, the Company also completed a private placement of common stock and
warrants in the amount of $2 million, an increase of $1 million over the
previously expected amount.
SecureLogic develops and markets systems that manage the movement of people and
baggage through airports. SecureLogic's systems integrate unique security
methodologies with state-of-the-art screening and baggage handling technologies,
providing a comprehensive baggage screening and passenger screening security
solution.
SecureLogic, Inc. will announce a new trading symbol in the next few days.
Information regarding SecureLogic, Inc. can be found at www.space-logic.com.
Information regarding the Transaction can be found in the Form 14C Information
Statement filed publicly on April 4, 2005 on the Securities Exchange
Commissions' EDGAR system.
Statements in this press release that are not statements of historical or
current fact constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other unknown
factors that could cause the actual results of the Company to be materially
different from the historical results or from any future results expressed or
implied by such forward-looking statements. In addition to statements which
explicitly describe such risks and uncertainties, readers are urged to consider
statements labeled with the terms "believes", "belief", "expects", "intends,"
"anticipates", "will", or "plans" to be uncertain and forward-looking. The
forward-looking statements contained herein are also subject generally to other
risks and uncertainties that are described from time to time in the Company's
reports and registration statements filed with the Securities and Exchange
Commission.
------------------------------------------------------------------------
Contact:
SecureLogic, Inc.
Liron Segev, 866-838-1102 x334

label: organization

text: Monterey Bay Tech

text: SecureLogic, Inc.

text: Monterey Bay Tech, Inc.

text: SecureLogic, Inc.

text: SecureLogic, Inc.

text: SecureLogic, Inc.

text: SecureLogic, Inc.

source_dataset: expertai/BUSTER

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


text:
EX-99.1
2
a13-22555_1ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Media Contact for SFX
Media Contact for ID&T
DKC Public Relations
Het PR Bureau
Ed Tagliaferri 212 981 5182
Camiel Overgaauw or Ruben Cusell
edmund_tagliaferri@dkcnews.com
31(0) 20 670 22 32
Camiel@hetprbureau.nl
Ruben@hetprbureau.nl
SFX ENTERTAINMENT ACQUIRES 100% OF ID&T
, WORLD LEADER OF DANCE MUSIC EVENTS
NEW YORK - (October 21, 2013) - SFX Entertainment, Inc. (NASDAQ: SFXE),
the world's largest producer of live events and entertainment content focused exclusively on electronic music culture (EMC), announced today that it has acquired 100 percent ownership of ID&T, the leading producer of dance music festivals and events worldwide. Previously, SFX had announced intentions to buy a 75 percent interest in ID&T.
The deal also follows a previously established joint venture between SFX and ID&T, to bring ID&T events to North America.
Total consideration paid for ID&T and the ID&T joint venture was approximately $130 million, including approximately $30.4 million in shares of SFX common stock. The closing took place on October 18. For complete details on the acquisition, please see SFX's Form 8-K filed this date.
Based in Amsterdam, ID&T has produced events in Europe and around the world for more than 20 years, including 68 festivals and events worldwide in 2012. Sensation, Mysteryland, Q-Dance and TomorrowLand are among the best known and most successful ID&T brands.
The SFX and ID&T North American joint venture, established at the end of 2012, produced last month's TomorrowWorld festival in Atlanta, which was hailed as a critical and artistic success, with more than 120,000 fans attending. The joint venture will hold its highly anticipated Sensation event in Brooklyn on October 26.
"Our collaboration brought TomorrowWorld to the U.S. and created one of the great music events of 2013", said Robert F.X. Sillerman, CEO and Chairman of SFX. "With the acquisition of ID&T, SFX has created one of the most significant and important entertainment companies on the planet. We have an immediate global presence in 20 countries on five continents".
"While we were previously expanding and innovating our EMC festivals across two different companies, we will now operate as one company with one vision", said Duncan Stutterheim, a co-founder of ID&T, who will continue as an executive of ID&T. "With this, the strategic partnership between ID&T and SFX becomes even stronger".
About SFX Entertainment
SFX Entertainment, Inc. is the largest global producer of live events and digital entertainment content focused exclusively on electronic music culture ("EMC"). SFX's mission is to enable EMC by providing fans with the best possible live experiences, music discovery and digital connectivity with our content and the broader EMC community. SFX produces and promotes a growing portfolio of live events and includes leading brands such as Tomorrowland, TomorrowWorld, Mysteryland, Sensation, Disco Donnie Presents and Life in Color. SFX also operates Beatport, the principal online resource for EMC DJs and a trusted destination for the growing EMC
community to discover and stream music, follow DJs and keep abreast of news, information and events.
About ID&T
ID&T is the leading pioneer in the field of electronic music events and the brains behind national and international festivals such as Sensation, Mysteryland and Welcome to the Future. ID&T works with the world's most talented and innovative DJs, musicians and creatives and organizes EMC festivals that bring people together in the most extraordinary locations. Since a group of friends founded the company in 1992, ID&T has grown into an organization with successful operations across the globe. For more information: www.id-t.com.
Forward Looking Statements
This press release contains forward-looking statements regarding our business strategy and plans, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: our ability to close the acquisition of our planned acquisition targets; our ability to integrate the companies we have acquired and plan to acquire in the future; our belief that the EMC community will grow; our ability to increase the number of festivals and events we produce and their attendance; our ability to pay our debts and meet our liquidity needs; competition; our ability to manage growth and geographically-dispersed operations; and our ability to grow our online properties. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed under the caption "Risk Factors" in our final prospectus filed with the SEC on October 10, 2013, which is available on our Investor Relations website at www.sfxii.com and on the SEC website at www.sec.gov. Additional information will also be set forth in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2013. In addition, any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events.

text: ID&T

text: SFX ENTERTAINMENT

text: ID&T

text: SFX Entertainment

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: ID&T

text: SFX Entertainment

text: SFX Entertainment

text: ID&T

text: ID&T

text: ID&T

text: ID&T


text:
EX-99.1
2
a09-2620_1ex99d1.htm
EX-99.1
Exhibit 99.1
ABBOTT
COMPLETES ACQUISITION OF IBIS BIOSCIENCES, A SUBSIDIARY OF ISIS
CARLSBAD, Calif. and Abbott Park, Ill., January 6, 2009
- Isis Pharmaceuticals, Inc. (Nasdaq:
ISIS) and Abbott (NYSE: ABT) announced today that Abbott has completed its
purchase of Ibis Biosciences, Inc., an Isis subsidiary, for a closing
purchase price of $175 million. In
addition to the closing purchase price, Isis will receive earn out payments
from Abbott tied to post-closing sales of Ibis systems, including instruments
and assay kits.
Previously, Abbott invested $40 million in Ibis in exchange for
approximately 18.6% of Ibis' outstanding equity. This investment, along with the $175 million
paid at closing, resulted in a total acquisition price of $215 million plus
earn out payments.
"We believe that Abbott is the ideal company to move the Ibis
technology into larger commercial markets, such as clinical diagnostics, where
Ibis' technology can revolutionize infectious disease detection", said Stanley
Crooke, Chairman and CEO of Isis. "With
the earn out, Isis and our shareholders will continue to participate in Ibis'
success."
"This acquisition will enable Abbott to offer an innovative
approach to the detection and characterization of a broad array of pathogens
for the management of infectious diseases", said Stafford O'Kelly, Vice
President, Molecular Diagnostics, Abbott.
"Ibis' unique technology and talented team of scientists will help us
continue building a long-term product pipeline for our growing molecular
diagnostics business".
About Abbott Molecular
Abbott's molecular diagnostics business,
headquartered in Des Plaines, Ill., provides physicians with critical
information based on the early detection of pathogens and key changes in patients' genes and
chromosomes, allowing for earlier diagnosis, selection of appropriate therapies
and monitoring of disease progression. The business includes instruments and
reagents used to conduct sophisticated analysis of patient DNA and RNA.
About Abbott
Abbott is a global, broad-based health care
company devoted to the discovery, development, manufacture and marketing of
pharmaceuticals and medical products, including nutritionals, devices and
diagnostics. The company employs more than 68,000 people and markets its products
in more than 130 countries.
Abbott's news releases and other information are
available on the company's Web site at www.abbott.com.
About Isis Pharmaceuticals, Inc.
Isis is exploiting its expertise in RNA to discover and develop novel
drugs for its product pipeline and for its partners. The Company has successfully commercialized
the world's first antisense drug and has 19 drugs in development. Isis' drug development programs are focused
on treating cardiovascular and metabolic diseases. Isis' partners are developing antisense drugs
invented by Isis to treat a wide variety of diseases. Isis is a joint owner of Regulus Therapeutics
LLC, a joint venture focused on the discovery, development and commercialization
of microRNA therapeutics. As an
innovator in RNA-based drug discovery and development, Isis is the owner or
exclusive licensee of over 1,600 issued patents worldwide. Additional information about Isis is
available at www.isispharm.com.
This press release includes forward-looking statements regarding Isis
Pharmaceuticals' business, the financial position and outlook for Isis, and the
commercial potential of Ibis' technologies and products in development. Any statement describing Isis' goals,
expectations, financial or other projections, intentions or beliefs is a
forward-looking statement and should be considered an at-risk statement,
including those statements that are described as Isis' goals or
projections. Such statements are subject
to certain risks and uncertainties, particularly those inherent in the process
of discovering, developing and commercializing drugs that are safe and
effective for use as human therapeutics, in developing and commercializing
systems to identify infectious organisms that are effective and commercially
attractive, and in the endeavor of building a business around such
products. Isis' forward-looking
statements also involve assumptions that, if they never materialize or prove
correct, could cause its results to differ materially from those expressed or implied
by such forward-looking statements.
Although Isis' forward-looking statements reflect the good faith
judgment of its management, these statements are based only on facts and
factors currently known by Isis. As a
result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Isis'
programs are described in additional detail in Isis' annual report on Form 10-K
for the year ended December 31, 2007, and its most recent quarterly report
on Form 10-Q, which are on file with the SEC. Copies of these and other documents are
available from the Company.
Private Securities Litigation
Reform Act of 1995 -A Caution Concerning Forward-Looking Statements
Some statements in this news release may be
forward-looking statements for the purposes of the Private Securities
Litigation Reform Act of 1995. Abbott cautions that these forward-looking
statements are subject to risks and uncertainties that may cause actual results
to differ materially from those indicated. Economic, competitive, governmental,
technological and other factors that may affect Abbott's operations are
discussed in Item 1A, "Risk Factors", to Abbott's Annual Report on
Securities and Exchange Commission Form 10-K for the year ended December 31,
2007, and in Item 1A, "Risk Factors", to Abbott's Quarterly Reports on
Securities and Exchange Commission Form 10-Q for the quarters ended June 30,
2008, and September 30, 2008, and are incorporated by reference.
Abbott undertakes no obligation to release publicly any revisions to
forward-looking statements as a result of subsequent events or developments.
In this press release, unless the context requires otherwise, "Isis"
and "Company" refers to Isis Pharmaceuticals and its subsidiaries and joint
venture.
Isis Pharmaceuticals
is a registered trademark of Isis Pharmaceuticals, Inc. Regulus Therapeutics is a trademark of
Regulus Therapeutics LLC.
Abbott's Contacts:
Don Braakman
Public Affairs, Diagnostics
847-937-0080 or 847-772-3263
Tina
Ventura
Director, Investor Relations
847-935-9390
Isis Pharmaceuticals'
Contacts:
Kristina Lemonidis
Associate Director, Corporate Development
760-603-2490
Amy Blackley, Ph.D.
Manager, Corporate Communications
760-603-2772
####

text: ABBOTT

text: ISIS

text: Abbott

text: Isis Pharmaceuticals, Inc.

text: ISIS

text: Abbott

text: Abbott

text: Ibis Biosciences, Inc.

text: Isis

text: Isis

text: Abbott

text: Abbott

text: Abbott

label: person

text:
Stanley
Crooke

text: Isis

text: Isis

text: Abbott

text: Abbott

text: Abbott

text: Abbott

text: Abbott

text: Abbott

text: Abbott

text: Isis Pharmaceuticals, Inc.

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Isis

text: Abbott

text: Abbott

text: Abbott

text: Abbott

text: Abbott

text: Isis

text: Isis Pharmaceuticals, Inc.

text: Abbott

text:
Tina
Ventura

text: Kristina Lemonidis


text:
EX-99
4
atcpressrelease50205.txt
Cycle Country Completes Acquisition of Simonsen Iron Works
Deal solidifies 25-year working relationship
Milford, IA, May 2, 2005 - Cycle Country Accessories (AMEX:ATC),
the industry leader in the design and manufacturing of custom-
fitting accessories for utility all-terrain vehicles, today
announced that it has formalized its 25-year working relationship
by acquiring the assets of Simonsen Iron Works.
"This is a special day for the employees, customers, and
communities of Cycle Country and Simonsen Iron Works", said Ron
Hickman, President and CEO of Cycle Country Accessories
Corporation. "Combining efforts of these two home-town, made-in-
America companies will provide a more efficient process and
product from which everyone can benefit".
Shareholders will find increased profits through this acquisition
through a pronounced effort on growing the Simonsen Iron Works
product through Cycle Country. Simonsen Iron Works, based in
Spencer, IA, is a fourth generation family-run business dedicated
to developing high quality solutions for custom manufacturing
needs since 1906. The services they provide include laser and
plasma cutting, turret punching, tube bending, CNC machining,
powder coating and more.
About Cycle Country Accessories Corporation
Cycle Country, with over 50%of the worldwide market in several
product categories, is the industry leader in the design and
manufacturing of custom-fitting accessories for virtually every
brand of utility all-terrain vehicles (ATV's).
To view the company information, updates, the latest SEC filings
or past news releases, go to the company's web site at
www.cyclecountry.com and click on the Investor Relations heading.
Please direct any financial questions to Magellan Financial Media
Group, LLC (317) 867-2839.
This press release does not constitute an offer to sell or the
solicitation of any offer to buy any securities of Cycle Country
Accessories Corporation, nor shall there be any sale of any such
security in any state in which such offer, solicitation or sale
would be unlawful prior to the registration or qualification
under the securities laws of any such state. Forward looking
statements: This press release and the statements by Cycle
Country may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act with respect to
the outlook for earnings and revenues, other future financial or
business performance, strategies and expectations. Forward-
looking statements are typically identified by words or phrases
such as "believe", "expect", "estimate", "potential", or
future/conditional verbs such as "will", "should", and "could".

text: Cycle Country

text: Simonsen Iron Works

text: Cycle Country Accessories

text: Simonsen Iron Works

text: Cycle Country

text: Simonsen Iron Works

text:
Ron
Hickman

text: Cycle Country Accessories

text: Simonsen Iron Works

text: Cycle Country

text: Simonsen Iron Works

text: Cycle Country Accessories

text: Cycle Country

text:
Cycle Country
Accessories

text:
Cycle
Country


text:
EX-99.1
2
ccni_ex991.htm
PRESS RELEASE ISSUED BY THE COMPANY ON JUNE 6, 2016
ccni_ex991.htm
Exhibit 99.1
Command Center Acquires Hancock Staffing
Strengthens Company's Presence in the Arkansas and Oklahoma Markets
DENVER, Colorado - June 6, 2016 -
Command Center, Inc. (OTCQB: CCNI), a national provider of on-demand and temporary staffing solutions, has acquired substantially all of the assets of Hancock Staffing.
Hancock Staffing operated branches in both Little Rock, Arkansas, and Oklahoma City, Oklahoma. These two branches have annualized revenue of approximately $8 million and will be immediately accretive to earnings. Hancock Staffing provides services in the same general market segments that Command Center currently operates, including light industrial, construction, hospitality and event services.
Hancock Staffing differentiated its position in the staffing industry by building on the experience of its team. Founder Tom Hancock, a retired United States Army Lieutenant Colonel (Special Forces Vietnam and Desert Storm), had over 15 years of industry experience in the staffing industry. Mr. Hancock recently passed away, however, he left a very experienced team in each of the offices.
Vice president of sales and operations in Arkansas, Ed Gough, is a retired United States Marine Corps Gunnery Sergeant and has 10 years' experience in the labor and staffing industry. Vice president of sales and operations for the Oklahoma office, Stan Visser, is also a retired United States Marine and has over 15 years' experience in the industry. Other employees at each office have been with the company for a number of years and provide valuable experience and quality service for their customers. This collective experience and commitment to service has translated into sustained, successful operations out of each location.
"Hancock Staffing is a well-established staffing name in Oklahoma and Arkansas", said Bubba Sandford, Command Center's president and CEO. "Acquiring their operations strengthens our presence in these two important markets and is a prudent allocation of capital that we expect will produce an attractive return for our shareholders. Our current corporate office staff in Denver will be able to support the Hancock offices without additional headcount. Similar to our organization, Hancock Staffing has built their business on a service-oriented culture, which has fostered high-quality, long-term client relationships. This acquisition is the right fit for us, and we look forward to welcoming their exceptional team into our organization".
Command Center paid for the acquisition with cash on hand, and the parties closed the transaction on June 3, 2016. Included in the assets obtained by Command Center were the accounts receivable of Hancock Staffing as of the time of closing. Further details can be found in the company's Form 8-K filing regarding this transaction.
About Command Center
Command Center provides flexible on-demand employment solutions to businesses in the United States, primarily in the areas of light industrial, hospitality and event services. Through 61 field offices, the company provides employment annually for nearly 33,000 field team members working for 3,300 clients. For more information about Command Center, go to
www.commandonline.com.
Important Cautions Regarding Forward-Looking Statements
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks, including, but not limited to, the severity and duration of the general economic downturn, the availability of workers' compensation insurance coverage, the availability of capital and suitable financing for the company's activities, the ability to attract, develop and retain qualified store managers and other personnel, product and service demand and acceptance, changes in technology, the impact of competition and pricing, government regulation, and other risks set forth in the Form 10-K filed with the Securities and Exchange Commission on March 24, 2016, and in other statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Investor Relations Contact
Cody Slach
Liolios
Tel 949-574-3860
CCNI@liolios.com

text: Command Center

text: Hancock Staffing

text: Command Center, Inc.

text: Hancock Staffing

text: Hancock Staffing

text: Hancock Staffing

text: Command Center

text: Hancock Staffing

text: Hancock Staffing

text: Command Center

text: Hancock Staffing

text: Command Center

text: Command Center

text: Hancock Staffing

text: Command Center

text: Command Center

text: Command Center


text:
EX-99.2
3
v059687_ex99-2.htm
Unassociated Document
Exhibit
99.2
Wako
Logistics Group Completes Acquisition of Seattle-Based Customs Brokerage and
Logistics Company
CHICAGO,
Dec. 5, 2006 /Xinhua-PRNewswire-First Call/ -- Wako Logistics Group, Inc.
("WLG") (OTC Bulletin Board: WKOL)
today
announced it has completed the acquisition of all the outstanding common stock
of Mare-Shreve Associates, Inc., ("MR"),a Washington state based
company.
Chris
Wood, CEO of WLG, commented: "Acquiring MR adds an important dimension to WLG,
and will allow us to offer a broader range of services to our international
customers from an expanded office network in the United States. MR has a mature
customs brokerage practice that is known for providing quality and personalized
services to its customers. With this acquisition, WLG will now be able to offer
in-house customs brokerage to its growing portfolio of US based customers.
In
turn, WLG's offices in Asia and especially China will add an impetus to the
growth of MR's freight forwarding business. We expect that the acquisition
of MR
will not only have a positive and immediate impact on our bottom line, but
will
enhance our competitive position in the North American market".
About
Mare-Shreve
Associates, Inc.
Founded
in 1979, with fully-staffed offices in Seattle, Washington and Long Beach,
California, MR provides a full range of customs brokerage, logistics and freight
forwarding services to a diverse and stable customer base. MR specializes in
serving customers that ship products by air and sea in the Asia-US trade lanes
for import into the US. MR is known for its customer service, its attention
to
detail and its commitment to providing quality logistics solutions to its
customers.
About
Wako Logistics Group, Inc.
WLG
is a
non-asset based third-party logistics and freight transportation provider,
offering a broad array of logistics and related services through its
subsidiaries and divisions. With more than three decades of experience in
international transportation, WLG has established itself as a leading provider
of traditional freight forwarding and freight management services in Asia,
Australia, North America and Europe. Additional information is available at
http://www.wakogroup.com/
.
Forward-looking
Statements
"Safe
Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
This press release contains or may contain forward-looking statements such
as
statements regarding the Company's growth and profitability, growth strategy,
liquidity and access to public markets, operating expense reduction, and trends
in the industry in which the Company operates. The forward-looking statements
contained in this press release are also subject to other risks and
uncertainties, including those more fully described in the Company's filings
with the Securities and Exchange Commission. The Company assumes no obligation
to update these forward-looking statements to reflect actual results, changes
in
risks, uncertainties or assumptions underlying or affecting such statements,
or
for prospective events that may have a retroactive effect.

text:
Wako
Logistics Group

text: Wako Logistics Group

text: WLG

text: Mare-Shreve Associates, Inc.

text: MR

text:
Chris
Wood

text: WLG

text: MR

text: WLG

text: MR

text: WLG

text: WLG

text: MR

text: MR

text:
Mare-Shreve
Associates, Inc.

text: MR

text: MR

text: MR

text: Wako Logistics Group

text: WLG

text: WLG


text:
EX-99.1
6
v043812_ex99-1.htm
Exhibit
99.1
Health
Systems Solutions, Inc. Acquires CareKeeper
(R)
Software, Inc.
TAMPA,
Fla.--(BUSINESS WIRE)--May 17, 2006--Health Systems Solutions, Inc.
(OTCBB:HSSO
-
News),
a
management information and business intelligence services company that assists
home health care companies, announced today the acquisition of CareKeeper
Software, Inc., a privately held Atlanta-based provider of Schedule-Driven
Financial Management Solutions for the homecare and medical staffing industries.
The acquisition was complete on May 15, 2006.
Mike
Milvain, Chief Executive Officer of Health Systems Solutions, Inc. ("HSS")
stated, "We are absolutely thrilled with the addition of CareKeeper to the
HSS
family of products. CareKeeper represents the second acquisition for HSS in
the
past 45 days. Our mandate is to not only grow our brand organically, but through
strategic acquisition as well. We expect this acquisition will enable us to
continue with our vision of being a full service company, providing our
customers with fully comprehensive solutions." CareKeeper reported revenues
of
$3.2 million in 2005 and currently supports 180 customers throughout the United
States.
The
acquisition of CareKeeper is expected to enable HSS to broaden its reach across
the entire homecare industry to include providers offering Medicare, Medicaid,
Private Duty and Managed Care services. CareKeeper's VividNet(TM) software
benefits providers throughout all aspects of their operations with a
workflow-oriented system based on a single entry design that drives information
from the front-office service delivery to the back-office financial management.
HSS believes its overall design of integrating scheduling, clinical and
financial information will become an important factor as homecare agencies
prepare for the Pay-for-Performance rules expected in 2007 by the Centers for
Medicare and Medicaid Services (CMS).
"CareKeeper
Software is proud to have served the homecare market for the past 20 years.
We
feel that HSS gives us the necessary resources and platform to handle the
operational and technological challenges that lie ahead for our customers,"
said
Jake Levy, Chief Executive Officer of CareKeeper. "HSS's commitment to the
homecare market is evidenced by their continued investment in leading technology
companies that have deep roots in our industry. We are excited to leverage
their
financial strength and clinical expertise as we prepare for the expected growth
in homecare".
CareKeeper
will continue to operate as a wholly owned subsidiary of HSS under the brand
name of CareKeeper Solutions, Inc. CareKeeper will join Healthcare Quality
Solutions ("HQS"), another wholly owned subsidiary of HSS to bolster the
Company's overall strategy providing Data Driven Solutions for the homecare
market.
About
Health Systems Solutions, Inc.
Health
Systems Solutions, through its wholly owned subsidiary HQS, designs, develops,
markets, sells and supports web-based, management information and business
intelligence services that assist home health care companies more effectively
manage the daily clinical, operational and financial aspects of their business.
HSS's largest investor is Stanford International Bank Ltd., an affiliate of
privately held Stanford Financial Group of Houston, Texas.
1
About
CareKeeper, Inc.
CareKeeper
Software, Inc., founded in 1986, is the largest supplier of software to private
duty homecare and nurse staffing providers. CareKeeper's 100% web-based VividNet
software enables agencies to track and manage information vital to operations
from anywhere and at anytime. The integration of operations through a single
user interface, coupled with extensive reporting, enable agencies to reduce
costs, improve employee retention, and deliver quality care. CareKeeper is
a
Microsoft Certified Solutions Provider.
About
Stanford Financial Group
Stanford
Group Company is a full-service financial planning and investment management
firm serving private investors, corporations, governments and institutions
worldwide. Headquartered in Houston, the company currently has branch offices
in
Atlanta, Austin, Baton Rouge, Boca Raton, Boston, Denver, Dallas/Ft. Worth,
Longboat Key, Miami, Memphis, New York, San Diego, San Francisco and Washington,
D.C., with plans for additional offices.
Forward-Looking
Statement
This
release contains forward-looking statements within the meaning of Section 27A
of
the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that
are based upon current expectations or beliefs, as well as a number of
assumptions about future events. Although we believe that the expectations
reflected in the forward-looking statements and the assumptions upon which
they
are based are reasonable, we can give no assurance that such expectations and
assumptions will prove to have been correct. The reader is cautioned not to
put
undue reliance on these forward-looking statements, as these statements are
subject to numerous factors and uncertainties, including without limitation,
our
success in integrating the operations of any newly-acquired businesses, and
associated reduction in costs, continued and increased demand for our products
and services, general economic conditions, successful implementation of our
business strategy and competition, any of which may cause actual results to
differ materially from those described in the statements. In addition, other
factors that could cause actual results to differ materially are discussed
in
Health System Solution Inc.'s periodic filings with the Securities and Exchange
Commission. We undertake no obligation and do not intend to update, revise
or
otherwise publicly release any revisions to these forward-looking statements
to
reflect events or circumstances after the date hereof or to reflect the
occurrence of any unanticipated events. Although we believe that our
expectations are based on reasonable assumptions, we can give no assurance
that
our expectations will materialize. Many factors could cause actual results
to
differ materially from our forward-looking statements.
Contact:
Health
Systems Solutions, Inc.
Eric
L.
Marr, 317-251-3739
Eric.Marr@hqsonline.com
Or
American
Capital Ventures, Inc.
Howard
Gostfrand, 305-918-7000
hg@amcapventures.com
2

text: Systems Solutions, Inc.

text:
CareKeeper
(R)
Software, Inc.

text: Health Systems Solutions, Inc.

text:
CareKeeper
Software, Inc.

text:
Mike
Milvain

text: Health Systems Solutions, Inc.

text: HSS

text: CareKeeper

text: HSS

text: CareKeeper

text: HSS

text: CareKeeper

text: CareKeeper

text: HSS

text: CareKeeper

text: HSS

text: HSS

text: Jake Levy

text: CareKeeper

text: HSS

text: CareKeeper

text: HSS

text: CareKeeper

text: CareKeeper

text: HSS

text: Health Systems Solutions, Inc.

text: HSS

text: CareKeeper

text:
CareKeeper
Software, Inc.

text: CareKeeper

text: CareKeeper

text:
Health
Systems Solutions, Inc.


text:
EX-99.2
6
v474841_ex99-2.htm
EXHIBIT 99.2
Exhibit 99.2
Knight
Transportation, Inc. and Swift Transportation Company Merge to Create North America's Premier Truckload Transportation Company
PHOENIX-(
BUSINESS WIRE
)-Knight-Swift
Transportation Holdings Inc. ("Knight-Swift" or the "Company") (NYSE: "KNX") announced today the
completion of the merger of Knight Transportation, Inc. and Swift Transportation Company. The Company will maintain the distinct
Knight and Swift brands and operations while implementing best practices across the enterprise.
Executive Chairman, Kevin P. Knight,
commented on the merger as follows: "We are pleased to welcome all stakeholders to Knight-Swift. The timing of the transaction
could not be more favorable for addressing the supply chain, regulatory, and demographic challenges facing our industry, and we
are excited to bring to market the capabilities of these two great companies".
Mr. Knight offered the following commentary
regarding post-merger expectations: "The Company's post-merger strategy emphasizes stability and opportunity for customers,
driving associates, and non-driving associates. Customers will continue to receive outstanding service under their existing Swift
or Knight customer relationships. Driving associates and independent contractors will continue to operate their existing Swift
or Knight branded equipment, with their existing locations, fleet managers, and other contacts.
"Knight-Swift is the largest provider
of truckload services in North America, with an asset-based fleet of approximately 23,000 tractors and 77,000 trailers, and access
to substantial additional capacity through our brokerage and intermodal capabilities. As one of the industry's largest sources
of education and training for new truck drivers, the Company will also help add an estimated 15,000 to 20,000 new drivers to the
industry in the next year. With over 70 terminals between Knight and Swift, we also offer a broad platform of opportunity. Customers
will continue to receive the benefits of local or regional trucking capacity available from each terminal network, with accountable
customer service, operations, and other personnel in more places than ever, with more equipment than ever.
"We are excited for the opportunities
ahead for both companies. The Knight and Swift teams are learning from each other to jointly build the most efficient and reliable
truckload company in the industry. The cost savings opportunities are at least as great as expected. The synergy teams are energized
to move from planning to implementation. We appreciate the efforts of all of our team members to get us to this point and look
forward to a bright future".
About Knight-Swift
Knight-Swift, through its Knight Transportation,
Swift Transportation, and Barr-Nunn branded subsidiaries, operates the largest truckload fleet in North America as well as extensive
rail intermodal and non-asset based freight brokerage and logistics management services. The Company's broad suite of services
includes irregular route, dedicated, expedited, port drayage, and cross-border U.S./Mexico/Canada transport utilizing dry van,
refrigerated, flatbed and specialized trailers, and intermodal containers.
Forward Looking Statements
This press release contains certain statements
that may be considered 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, relating to anticipated benefits of the transaction, and such
statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as
amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking
statements. Forward-looking statements are based on currently available operating, financial, and competitive information. Forward-looking
statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause
future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking
statements. Readers should review and consider the factors that may affect future results and other disclosures by the Knight,
Swift, and Knight-Swift in their press releases, stockholder reports, Annual Report on Form 10-K, and other filings with the Securities
and Exchange Commission. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein.
Contacts
Knight-Swift Transportation Holdings
Inc.
David Jackson
President and CEO
or
Adam Miller
CFO
602-606-6315

text:
Knight
Transportation, Inc.

text: Swift Transportation Company

text: Knight Transportation, Inc.

text: Swift Transportation Company

text: David Jackson

text: Adam Miller


text:
EX-99.1
2
v302920_ex99-1.htm
EXHIBIT 99.1
Acorn Energy Announces Purchase of OmniMetrix,
LLC
Montchanin, DE (February 15, 2012) - Acorn
Energy, Inc. (NASDAQ: ACFN), an energy technology holding company, today announced the signing and closing of an agreement to purchase
OmniMetrix, LLC, a leading developer and producer of remote monitoring equipment and systems for emergency power generators and
underground pipelines. The purchase price is $8.5 million, subject to adjustment as provided in the purchase agreement. Pritchard
Capital Partners served as an advisor to Acorn Energy in this transaction.
OmniMetrix is headquartered in Georgia, and
was founded in 1998 by Harold Jarrett, who has thirty-five years experience in product and market development. The company is the
leading brand and innovator of remote monitoring services for on-site power generators. New management and Mr. Jarrett, all of
whom remain with OmniMetrix following the closing, are accelerating the company's current growth by focusing on and gaining
rapid penetration in the emergency generator market, as well as home back-up generators. Many of these generators serve critical
requirements such as hospitals, nursing homes and cell telephone towers. Approximately 10% of installed emergency generators fail
to start when needed not due to manufactured quality but field issues like batteries, spark plugs, heater blocks and fuel issues.
Constantly monitoring the equipment remotely can ensure the reliability of the back-up systems. While the home generator market
is relatively new, approximately 2% of U.S. residences have installed back-up generators and the demand is growing rapidly due
to severe storms and falling electric grid reliability.
OmniMetrix has also developed and markets a
remote cathodic protection (CP) monitoring system which helps prevent losses associated with pipeline corrosion. Twenty-four hours
a day, the system delivers current and historic test-point information directly to a desktop, laptop or phone. OmniMetrix's
CP systems have longer battery life and greater reliability, both features which provide solid, competitive advantages. The energy
industry spends $7 to $10 billion annually repairing and replacing corroded steel pipelines. Because of this increasing problem,
federal and state regulators are focusing greater attention on the issue. In addition, the U.S. shale gas boom requires a large
increase in pipeline capacity which is expanding the opportunity for OmniMetrix.
John Moore, CEO of Acorn Energy stated, "OmniMetrix
is a terrific addition to our growing product lines of remote monitoring systems for the huge and aging energy infrastructure.
Digital energy is rapidly making the production and distribution of energy safer and more reliable. Acorn Energy is acquiring niche
technologies which solve critical energy infrastructure problems and have tremendous market potential".
About Acorn Energy, Inc.
Acorn Energy, Inc. is a holding company focused
on technology driven solutions for energy infrastructure asset management. Our three businesses in which we have controlling
interests, improve the world's energy infrastructure by making it more secure by providing security solutions for underwater energy
infrastructure (DSIT), more reliable by providing condition monitoring instruments for critical assets on the electric grid (GridSense)
and more productive and efficient by increasing oil and gas production while lowering costs through use of ultra-high sensitive
seismic tools for more precise pinpointing of oil and gas reservoirs (US Seismic). For more information visit
http://www.acornenergy.com
.
Safe Harbor Statement
This press release includes forward-looking
statements, which are subject to risks and uncertainties. There is no assurance that the Company and its operating companies will
be able to achieve the expected growth in revenue or meet the other expectations described or referred to above. A complete
discussion of the risks and uncertainties which may affect Acorn Energy's business generally and the businesses of its subsidiaries
is included in "Risk Factors" in the Company's most recent Annual Report on Form 10-K as filed by the Company with the
Securities and Exchange Commission.
Investor Contact:
Paul G. Henning
Cameron Associates
(212) 554-5462
Paul@cameronassoc.com

text: Acorn Energy

text:
OmniMetrix,
LLC

text:
Acorn
Energy, Inc.

text: OmniMetrix, LLC

text:
Pritchard
Capital Partners

override: organization

text: Acorn Energy

text: OmniMetrix

text: OmniMetrix

text: OmniMetrix

text: OmniMetrix

text: OmniMetrix

text: John Moore

text: Acorn Energy

text: OmniMetrix

text: Acorn Energy

text: Acorn Energy, Inc.

text: Acorn Energy, Inc.

text: Acorn Energy


text:
EX-99.2
3
a07-31431_1ex99d2.htm
EX-99.2
Exhibit.
99.2
NEWS ANNOUNCEMENT
FOR IMMEDIATE RELEASE
BALLANTYNE DIVESTS LEGACY FILM
HANDLING EQUIPMENT SUBSIDIARY
- Sale Further Reduces Fixed Overhead in Legacy
Business While
Providing Additional Capital for Digital Cinema
Growth Opportunities -
OMAHA,
Nebraska (December 11, 2007) Ballantyne of Omaha, Inc. (Amex: BTN), a
motion picture projection, digital cinema and specialty lighting equipment and
services provider, today announced that it has completed the sale of
substantially all of the assets and liabilities of its Design &
Manufacturing, Inc. subsidiary to Brian Hendricks, the subsidiary's
General Manager. Terms of the sale were
not immediately disclosed, however, including closing costs, Ballantyne
anticipates taking a charge of approximately $0.2 million in the fourth quarter
to reflect the sale.
With
approximately 45 employees, the Fisher, Illinois Design &
Manufacturing subsidiary is engaged in the manufacturing and sale of
traditional film handling equipment, including replacement parts, and also
performs custom machining for other industries.
Following the sale, Ballantyne expects to source its film handling
equipment and related replacement parts from Design & Manufacturing, Inc.
based on an agreed-upon pricing arrangement.
John
P. Wilmers, President and Chief Executive Officer of Ballantyne, commented, "The
divestiture of this subsidiary reflects the strategic repositioning of our
business for the substantial growth opportunities we see for digital cinema
projection equipment and services in the coming years. The timing is opportune, as we have further
reduced fixed overhead in our legacy film projection equipment business as we
prepare for the accelerated rollout of digital cinema anticipated in 2008. Brian Hendricks and his team have done an
excellent job with the business over the past several years, and we look
forward to working with them in our new role as a customer. It's really a win-win transaction for both
sides."
About
Ballantyne:
Ballantyne is a provider of motion picture
projection, digital cinema projection and specialty lighting equipment and
services. The Company supplies major
theater chains, top arenas, television and motion picture production studios,
theme parks and architectural sites around the world. For more information visit www.ballantyne-omaha.com.
Except
for the historical information in this press release, it includes
forward-looking statements that involve risks and uncertainties, including but
not limited to, quarterly fluctuations in results; customer demand for the
Company's products; the development of new technology for alternate means of
motion picture presentation; domestic and international economic conditions;
the management of growth; and other risks detailed from time to time in the Company's
Securities and Exchange Commission filings.
Actual results may differ materially from management's expectations.
# # #
CONTACT:
Kevin
Herrmann
David
Collins, Ratula Roy
Chief
Financial Officer
Jaffoni &
Collins Incorporated
402/453-4444
212/835-8500
btn@jcir.com

text: BALLANTYNE

text: Ballantyne of Omaha, Inc.

text:
Design &
Manufacturing, Inc

text: Brian Hendricks

text: Ballantyne

text: Ballantyne

text: Design & Manufacturing, Inc

text:
John
P. Wilmers

text: Ballantyne

text: Brian Hendricks

text: Ballantyne

text: Ballantyne

text: Ratula Roy


text:
EX-99.1
3
f8k112018ex99-1_creative.htm
PRESS RELEASE, DATED NOVEMBER 26, 2018
Exhibit 99.1
FOR IMMEDIATE RELEASE
Creative Realities completes acquisition
of Allure Global
-
Allure is a leading provider of content for digital menu boards in QSR and theaters
-
Acquisition provides CRI with proprietary analytics and scale economies
-
2018 estimated pro-forma revenue of $35 million, and 2019 EBITDA accretive
LOUISVILLE, KY - November 26,
2018
- Creative Realities, Inc. ("Creative Realities", "CRI", or the "Company") (NASDAQ:
CREX, CREXW), a leading provider of digital marketing solutions, announced it has completed the acquisition of Allure Global Solutions,
Inc. ("Allure") from Christie Digital Systems, Inc. Based in Atlanta, Allure is an industry-leading provider of digital
signage, digital menu boards, and digital signage analytics with a strong presence in the quick serve restaurant, entertainment,
and theater verticals.
Allure offers a complete set of project
solutions to clients operating thousands of digital signage installations nationally, including Long John Silver's, AMC Theatres,
Levy Restaurants and Coca-Cola. Its tenured management team develops leading analytical capabilities in content strategy, creation
and optimization, and prioritizes ROI as a key part of its digital signage strategy-empirically demonstrating that its strategies
can increase revenue at its customers' point of sale. Allure brings to CRI a large pipeline of pilot projects with marquee
brands, as well as significant international expansion opportunities in the theater and QSR channels.
"Allure will be a vital component
of CRI's growth strategy", remarked Rick Mills, CRI's Chief Executive Officer. "We are excited about the
new sales verticals and analytics capabilities that Allure can now offer across our enterprise. Allure will benefit from CRI's
strong reputation for efficient implementation and management of complex technology solutions, as we transfer a number of Allure's
important back-end services, like project management and network operations, to CRI's proven services platform. This will
result in significant improvement in efficiency and reliability for clients, and profitability enhancement for CRI".
Combining CRI's 2018 revenue guidance
of $25 million with Allure's fiscal year ended March 31, 2018 revenue of $9.4 million results in 2018 estimated pro-forma
revenue of $35 million. Adjusting for anticipated synergies, the transaction is expected to be EBITDA accretive in 2019.
CRI purchased the outstanding stock of
Allure for total consideration of $8.5 million, or 0.9x fiscal year 2018 revenue, comprised of a combination of cash, seller note
and assumption of certain liabilities. CRI would make an additional $2.0 million payment to the seller if the Allure's customers
actual twelve month revenue exceeds $13 million by December 31, 2020, an increase of 38% over fiscal year 2018 revenue.
About Creative Realities, Inc.
Creative Realities helps retailers and
brands use the latest omnichannel technologies to inspire customer engagement within and across commercial environments.
Founded over 15 years ago, the firm's evolving client base has led to recognized leadership in design, development, deployment
of human centric, behavior-based solutions. The firm has created and delivered consumer/shopper experiences and installations for
high-end enterprise level networks and is actively providing recurring SaaS and support services for growth-driven verticals: Arenas
& Stadiums, Automotive, Beauty, Multi-brand/Convenience, and Mass Merch Retail, Fashion /Althleisure, Foodservice/QSR, Financial
Services, Wireless/Mobile.
Cautionary Note on Forward-Looking Statements
This press release contains certain statements
that would be deemed "forward-looking statements" under Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934 and includes, among other things, discussions of our business strategies, future operations
and capital resources. Words such as "may", "likely", "anticipate", "expect" and
"believe" indicate forward-looking statements.
These forward-looking statements may reflect
management's present expectations and estimates regarding future expenses, revenue and profitability, trends affecting our
financial condition and results of operations, operating efficiencies, revenue opportunities, potential new markets, and the ability
of the Company to effectively compete in a highly competitive market. Nevertheless, and despite the fact that management's
expectations and estimates are based on assumptions management believes to be reasonable and data management believes to be reliable,
the Company's actual results, performance, or achievements are subject to future risks and uncertainties, any of which could
materially affect the Company's actual performance. Risks and uncertainties that could affect such performance include, but
are not limited to: the adequacy of funds for future operations; future expenses, revenue and profitability; trends affecting financial
condition and results of operations; ability to convert proposals into customer orders; the ability of customers to pay for products
and services; the impact of changing customer requirements upon revenue recognition; customer cancellations; the availability and
terms of additional capital; ability to develop new products; dependence on key suppliers, manufacturers and strategic partners;
industry trends and the competitive environment; the impact of the Company's financial condition upon customer and prospective
customer relationships; and the impact of losing one or more senior executives or failing to attract additional key personnel.
These and other risk factors are discussed in Company reports filed with the Securities and Exchange Commission.
Given these uncertainties, and the fact
that forward-looking statements represent management's estimates and assumption as of the date of this press release, you
should not attribute undue certainty to these forward-looking statements. We assume no obligation to update any forward-looking
statements publicly, or to update the reasons why actual results could differ materially from those anticipated in any forward-looking
statements contained in this press release, even if new information becomes available in the future.
SOURCE Creative Realities, Inc.
For further information: Investor Relations
Contact: Will Logan, Chief Financial Officer, Creative Realities, Inc., Tel: (502) 791-8800, Will.Logan@cri.com

text: Creative Realities

text: Allure Global

text: Creative Realities, Inc.

text: Creative Realities

text:
Allure Global Solutions,
Inc.

text: Creative Realities, Inc.

text: Creative Realities

text: Creative Realities, Inc.

text: Will Logan

text: Creative Realities, Inc.


text:
EX-99.1
4
a20210222exhibit991.htm
EX-99.1
Document
EXHIBIT 99.1
February 22, 2021
Buyer Group Led by Evercel Completes Acquisition of ZAGG
SALT LAKE CITY, February 22, 2021 (GLOBE NEWSWIRE) - ZAGG Inc (Nasdaq: ZAGG) ("we", "us", "our", "ZAGG", or the "Company"), a leading global mobile lifestyle company, today announced the completion of its sale to a buyer group led by Evercel, Inc. ("Evercel").
The transaction was previously announced on December 11, 2020 and received approval from ZAGG's stockholders on February 18, 2021. As a result of the completion of the transaction, ZAGG's stockholders will receive $4.20 per share in cash and a contingent right to receive an additional payment of up to $0.30 per share, and ZAGG's common stock will cease to trade on the Nasdaq Global Select exchange.
About ZAGG Inc
ZAGG Inc (NASDAQ: ZAGG) is a global leader in accessories and technologies that empower mobile lifestyles. The Company has an award-winning product portfolio that includes screen protection, mobile keyboards, power management solutions, social tech, and personal audio sold under the ZAGG®, mophie®, InvisibleShield®, IFROGZ®, Gear4®, and HALO® brands. ZAGG has operations in the United States, Ireland, and China. ZAGG products are available worldwide, and can be found at leading retailers including Best Buy, Verizon, AT&T, Sprint, T-Mobile, Walmart, Target, and Amazon.com. For more information, please visit the Company's website at www.ZAGG.com and follow us on Facebook, Twitter, and Instagram.
About Evercel, Inc.
Evercel, Inc. (OTCMKTS: EVRC) is a holding company that brings an entrepreneurial approach to acquiring and managing business through a hands-on, data-driven approach to partnering with strong management teams for long-term results.
CONTACT:
Investor Relations:
ICR Inc.
Brendon Frey
203-682-8216
brendon.frey@icrinc.com
Company:
ZAGG Inc
Jeff DuBois
801-506-7336
jeff.dubois@ZAGG.com

text: Evercel

text: ZAGG

text: ZAGG

text: ZAGG

text: ZAGG

text: Evercel, Inc.

text: Evercel

text: ZAGG

text: ZAGG

text: ZAGG

text: ZAGG

text: ZAGG

text: ZAGG

text: ZAGG

text: ZAGG

text: ZAGG

text: Evercel, Inc.

text: Evercel, Inc.

text: ZAGG


text:
EX-99.1
4
v044316_ex99-1.txt
Exhibit 99.1
Press Release Source: Enhance Biotech, Inc.
Enhance Biotech Announces Asset Sale Agreement With Mount Cook Biosciences For
Delta Receptor Portfolio
Monday May 22nd,
NEW YORK, May 22nd / -- Enhance Biotech, Inc. (OTC PK: EBOI), a company
developing a portfolio of products focused on lifestyle drugs, announced today
that it has sold its opioid Delta receptor compound portfolio to Mount Cook
Biosciences Inc., a company formed and funded by Paramount Biosciences, LLC of
New York.
The portfolio sold to Mount Cook Biosciences includes two clinical stage
compounds and a library of pre-clinical compounds. The lead compound, DPI-125 is
a novel mixed delta/mu opioid receptor agonist, which is being developed for the
treatment of pain. A second compound, DPI-221 is intended to address urge and
mixed urinary incontinence, and recently received IND approval. The portfolio
also includes Enhance's pre-clinical Delta receptor programs in Parkinson's
disease, Depression, Cardio Protection and Premature Ejaculation which will
continue to be developed by Mount Cook Biosciences.
In consideration for the portfolio of assets, Enhance will receive cash, equity
in Mount Cook Biosciences and potential milestone payments and future royalties
on net sales. C.E.O. Chris Every commented; "The sale of the Delta portfolio is
intended to enable the portfolio to progress to market and allow us to realize
value for these products".
About Enhance Biotech, Inc.
Enhance is an emerging specialty pharmaceutical company that acquires, develops
and seeks to commercialize drugs primarily in the "Lifestyle Drug" market.
Lifestyle Drugs target chronic long-term conditions that are not necessarily
life threatening, but can severely affect the quality of life. This is one of
the fastest growing sectors in the pharmaceutical industry. Our drug pipeline
focuses on three major segments in the Lifestyle Drug market: Urology, CNS and
Dermatology.
Certain statements contained herein are "forward-looking" statements (as such
term is defined in the Private Securities Litigation Reform Act of 1995).
Because these statements include risks and uncertainties, actual results may
differ materially from those expressed or implied by such forward-looking
statements. Specifically, factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking statements
include, but are not limited to: our ability to obtain financing on commercially
reasonable terms, in timely fashion, or at all to develop our product portfolio
or fund our operations; risks associated with preclinical and clinical
developments in the biopharmaceutical industry in general and in Enhance
Biotech's compounds under development in particular; the potential failure of
Enhance Biotech's compounds under development to prove safe and effective for
treatment of disease; uncertainties inherent in the early stage of Enhance
Biotech' compounds under development; failure to successfully implement or
complete clinical trials; failure to receive marketing clearance from regulatory
agencies for our compounds under development; acquisitions, divestitures,
mergers, licenses or strategic initiatives that change Enhance Biotech'
business, structure or projections; the development of competing products;
uncertainties related to Enhance Biotech' dependence on third parties and
partners; and those risks described in the filings with the SEC, all of which
are under the Company's prior name Becor Communications, Inc. Enhance Biotech
disclaims any obligation to update these forward-looking statements.
-----------------------------
Source: Enhance Biotech, Inc.
Contact:
Charlotte Ramelli
(44) 207 451 2468
Savannah House,
11 Charles II Street
London SW1Y 4QU

text: Enhance Biotech, Inc.

text: Enhance Biotech

text: Mount Cook Biosciences

text: Enhance Biotech, Inc.

text:
Mount Cook
Biosciences Inc.

text: Mount Cook Biosciences

text: Mount Cook Biosciences

text: Mount Cook Biosciences

text: Enhance Biotech, Inc.

text:
Enhance
Biotech

text: Enhance Biotech

text:
Enhance
Biotech

text: Enhance Biotech

text: Enhance Biotech

text: Enhance Biotech

text: Enhance Biotech, Inc.


text:
EX-99.1
2
hecla084619_99-1.htm
PRESS RELEASE DATED NOVEMBER 6, 2008
PRESS RELEASE DATED NOVEMBER 6, 2008
Exhibit 99.1
NEWS RELEASE
HECLA ACQUIRES ASSETS OF INDEPENDENCE LEAD MINES
FOR IMMEDIATE RELEASE
November 6, 2008
COEUR D'ALENE, IDAHO -- Hecla Mining Company (
HL:NYSE
) today announced it has acquired substantially all of the assets of Independence Lead Mines Company (ILM), located in northern Idaho's Silver Valley. ILM shareholders voted overwhelmingly in favor of the transaction at an ILM meeting of shareholders on Monday, October 27, 2008, and the transaction was closed today. Included in the ILM assets are the West Independence property and ILM's mining claims pertaining to the DIA agreement with Hecla regarding its Lucky Friday mine, which includes any future interest or royalty obligation to ILM. In exchange for the assets, Hecla has issued 6,936,884 shares of its common stock to ILM, who will distribute the shares to its shareholders. At today's closing share price, the transaction was valued at $14.2 million.
Hecla Mining Company, headquartered in Coeur d'Alene, Idaho, mines, processes and explores for silver and gold in the United States and Mexico. A 117-year-old company, Hecla has long been well known in the mining world and financial markets as a quality producer of silver and gold. Hecla's common and preferred shares are traded on the New York Stock Exchange under the symbols "HL", "HL-PrB" and "HL-PrC".
Statements made which are not historical facts, such as anticipated payments, litigation outcome, production, sales of assets, exploration results and plans, costs, and prices or sales performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, metals price volatility, volatility of metals production and costs, exploration risks and results, political risks, project development risks, labor issues and ability to raise financing. Refer to the company's Form 10-Q and 10-K reports for a more detailed discussion of factors that may impact
expected future results. The company undertakes no obligation and has no intention of updating forward-looking statements.
Contact: Vicki Veltkamp, Vice President - Investor and Public Relations, 208-769-4128
Hecla Mining Company news releases can be accessed on the
Internet at:
http://www.hecla-mining.com
6500 N Mineral Drive, Suite 200. Coeur d'Alene, Idaho 83815-9408. 208/769-4100. FAX 208/769-7612

text: HECLA

text: INDEPENDENCE LEAD MINES

text: Hecla Mining Company

text: Independence Lead Mines Company

text: Hecla

text: Hecla

text: Hecla Mining Company

text: Hecla

text: Hecla

text: Vicki Veltkamp

text: Hecla Mining Company


text:
EX-99.1
3
exhibit99-1.htm
PRESS RELEASE DATED SEPTEMBER 5, 2007
Filed by Automated Filing Services Inc. (604) 609-0244 - Wescorp Energy, Inc. - Exhibit 99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Wescorp Energy Agrees to Acquire Engineering Firm
to Expand
Operations Solutions Capabilities For Oil And Gas Operators
Acquisition of Strategic Decisions Sciences USA Inc. will
strengthen Wescorp's process-driven
consulting and services focus
HOUSTON, Texas, and CALGARY, Alberta (Wednesday, September 5,
2007)-Wescorp Energy Inc. (OTCBB: WSCE), an oil and gas operations solutions
company, announced today it has agreed to acquire Strategic Decisions Sciences
USA Inc. ("SDS"), a Houston-based engineering firm focused on providing
process-driven consulting and services to help oil and gas operators improve
the management, economics and environmental performance of field operations.
The transaction will be structured as a merger of SDS into Wescorp. Wescorp
will be the surviving entity and will continue business under the same name
- Wescorp Energy Inc. Key to the agreement is Wescorp's acquisition
of the NAVIGATOR Process Management Solution, a collaborative solution that
manages the interactions of people, processes and equipment in complex oil and
gas field operations.
"At Wescorp, we recognize the need to provide more than
products and services to our oil and gas company clientele", said Wescorp
President and CEO Doug Biles. "As the challenges of decreased production
and rising costs mount in the face of resource shortages and increasing regulatory
demands, our focus has to be on creating real solutions that bring economic
value into this "perfect storm" scenario. This acquisition positions
us to bring some of the industry's best thinking, long-time experience
and best practices to the table for the companies we serve. Prior to execution
of the merger agreement between SDS and Wescorp, SDS had submitted proposals
to provide solutions for operators in Canada, USA and the Gulf of Mexico for
new projects. Although we do not know which, if any, of these proposals will
be accepted, we are very optimistic that this acquisition will generate meaningful
revenue in the near future under the Wescorp banner".
Wescorp NAVIGATOR is a powerful, integrated field operations
capability that Wescorp intends to use to drive the development, commercialization
and management of its own offerings. The Company will also make it available
to its clientele to manage field complexities, especially in the areas of oil
and gas flow measurement and metering, environmental remediation and compliance,
enhanced oil recovery, unconventional oil and gas production, and field intelligence,
including RFID tagging and implementation.
"The Wescorp NAVIGATOR Solution brings a new and highly
effective approach to the manner in which complex operations can be designed,
managed and tracked", said Dr. Scott Shemwell, Wescorp COO, and the Chief
Executive Officer and sole shareholder of SDS. "We are already seeing how
it streamlines our efforts to commercialize emerging technologies from one market
to another regardless of the technical, geographic, regulatory and jurisdictional
disparities involved. We're very much looking forward to bringing the power
of NAVIGATOR to help our energy customers cut costs and enhance operational
performance".
SDS has provided consulting services for a wide range of clients
since its inception in 2004
1
ranging from Fortune 500 companies to midsized companies and
non-profit organizations. Since August 2006, SDS has been primarily involved
in providing consulting services to Wescorp through Dr. Shemwell, who also has
been the Chief Operating Officer of Wescorp since October 2006. During this
period, SDS has continued to provide consulting services to two other clients
and refine the NAVIGATOR Solution. As the sole shareholder of SDS, Dr. Shemwell
will receive two million restricted shares of Wescorp common stock. This will
be the only consideration paid by Wescorp for acquisition of the business and
assets of SDS through the merger.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas
operations solutions company focused on commercializing technologies that overcome
tough operations challenges facing oil and gas operators today. Wescorp combines
its intellectual capital, oil and gas industry experience, best practices methodologies
and its market offerings to deliver these solutions in a timely, economic and
environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board
under the symbol "WSCE".
About Strategic Decision Sciences USA Inc.
Strategic Decision Sciences USA Inc. http://www.strategicdecisionsciences.com/
provides its clients with tailored, strategic behavioral economics-based programs
designed to provide organizational flexibility, rapid operational response,
and culture adaptability.
Safe Harbor Statement
Any statements contained herein that are not historical facts
are forward-looking statements, and involve risks and uncertainties. Potential
factors could cause actual results to differ materially from those expressed
or implied by such statements. Information on the potential factors that could
affect the Company's actual results of operations is included in its filings
with the Securities and Exchange Commission. These risks may be further discussed
in periodic reports and registration statements to be filed by the Company from
time to time with the Securities and Exchange Commission in the future.
Investor Relations contact:
Media contact:
David Jones
Virginia Brooks
Wescorp Energy, Inc.
for Wescorp Energy, Inc.
Toll Free: 1.877.247.1975
Direct: 1.903.532.9714
Direct: 1.705.845.0933
virginia@brooksandassociatespr.com
Email: djones@wescorpenergy.com
2

text: Wescorp Energy

text: Wescorp Energy

text: Strategic Decisions Sciences USA Inc.

text: Wescorp

text: Wescorp Energy Inc.

text:
Strategic Decisions Sciences
USA Inc.

text: Wescorp

text: Wescorp

text: Wescorp Energy Inc.

text: Wescorp

text: Wescorp

text: Wescorp

text: Wescorp

text: Wescorp

text: Wescorp

text: Wescorp

text: Wescorp

text: Scott Shemwell

text: Wescorp

text: Wescorp

text: Wescorp

text: Wescorp

text: Wescorp

text: Wescorp

text: Wescorp Energy Inc.

text: Wescorp

text: Wescorp

text: Wescorp Energy

text: Wescorp Energy


text:
EX-99.1
4
ex991-pracsaquisitionclosu.htm
EXHIBIT 99.1
Exhibit
Advanced Emissions Solutions, Inc. Announces Closing of ADA Carbon Solutions, LLC Acquisition
Acquisition to give Advanced Emissions Solutions significant market share in the activated carbon and emissions control markets
HIGHLANDS RANCH, Colorado -- December 13, 2018 -- GlobeNewswire - Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the "Company" or "ADES"), a leader in emissions control solutions for coal-fired power generation and industrial markets, announced today that the Company has completed its previously announced acquisition of ADA Carbon Solutions, LLC ("Carbon Solutions") as of December 7, 2018. Prior to the acquisition, Carbon Solutions was a private company. It joins ADES as a leading producer of Powdered Activated Carbon ("PAC") solutions for the coal-fired power plant, industrial and potable water markets.
Further on December 7, 2018, the Company and Apollo Credit Strategies Master Fund Ltd and Apollo A-N Credit Fund (Delaware) L.P. (collectively "Apollo"), executed the $70 million Term Loan and Security Agreement, which provides funding for this acquisition.
L. Heath Sampson, President and CEO of ADES, commented, "We are thrilled to complete this acquisition of Carbon Solutions and take the next step toward diversifying our emissions control offerings, expanding our customer base and broadening the markets we serve. We strongly believe this is the right transaction, at the right price and time, to drive near-term and long-term growth and value for our shareholders".
About Advanced Emissions Solutions, Inc.
Advanced Emissions Solutions, Inc. serves as the holding entity for a family of companies that provide emissions solutions to customers in the power generation and other industries.
ADA-ES, Inc. ("ADA") is a wholly-owned subsidiary of Advanced Emissions Solutions, Inc. ("ADES") that provides emissions control solutions for coal-fired power generation and industrial boiler industries. With more than 25 years of experience developing advanced mercury control solutions, ADA delivers proprietary environmental technologies, equipment and specialty chemicals that enable coal-fueled boilers to meet emissions regulations.
Carbon Solutions is a wholly owned subsidiary of ADES and a leading producer of Powdered Activated Carbon ("PAC") solutions for the coal-fired power plant, industrial and potable water markets.
Tinuum Group, LLC ("Tinuum Group") is a 42.5% owned joint venture by ADA that provides patented Refined Coal ("RC") technologies to enhance combustion of and reduce emissions of NOx and mercury from coal-fired power plants.
Caution on Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a "safe harbor" for such statements in certain circumstances. The forward-looking statements include expectations about Carbon Solutions' business opportunities and the Company's ability to expand its customer base and recognize growth and shareholder value. These forward-looking statements involve risks and uncertainties. Actual events or results could differ materially from those discussed in the forward-looking statements as a result of various factors including, but not limited to, future demand for Carbon Solutions products, our ability to expand the customer base; as well as other factors relating to our business, as described in our filings with the SEC, with particular emphasis on the risk factor disclosures contained in those filings. You are cautioned not to place undue reliance on the forward-looking statements and to consult filings we have made and will make with the SEC for additional discussion concerning risks and uncertainties that may apply to our business and the ownership of our securities. The forward-looking statements speak only as to the date of this press release.
Source: Advanced Emissions Solutions, Inc.
Investor Contact:
Alpha IR Group
Chris Hodges or Ryan Coleman
312-445-2870
ADES@alpha-ir.com
2

text: Advanced Emissions Solutions, Inc.

text: ADA Carbon Solutions, LLC

text: Advanced Emissions Solutions, Inc.

text: ADA Carbon Solutions, LLC

text: Carbon Solutions

text: Carbon Solutions

text: Powdered Activated Carbon

label: fund

override: fund

text: Apollo A-N Credit Fund (Delaware) L.P.

text: L. Heath Sampson

text: Carbon Solutions

text: Advanced Emissions Solutions, Inc.

text: Advanced Emissions Solutions, Inc.

text: Advanced Emissions Solutions, Inc.

text: Carbon Solutions

text: Powdered Activated Carbon

text: Carbon Solutions

text: Carbon Solutions

text: Advanced Emissions Solutions, Inc.


text:
EX-99.1
2
a18-7260_1ex99d1.htm
EX-99.1
Exhibit 99.1
Midland States Bancorp, Inc. Completes
the Acquisition of Alpine Bancorporation
Effingham, IL, February 28, 2018 - Midland States Bancorp, Inc. (NASDAQ: MSBI) ("Midland") today announced it has completed its acquisition of Alpine Bancorporation, Inc. ("Alpine"), the parent company of Alpine Bank & Trust Co. As a result of the transaction, Alpine Bank & Trust Co. is now a wholly owned subsidiary of Midland. The transaction brings Midland's total assets to approximately $5.7 billion and its Wealth Management group to more than $3.1 billion in assets under administration, based on information as of December 31, 2017.
Leon J. Holschbach, Chief Executive Officer of Midland, commented, "We are very pleased to welcome Alpine's customers, employees and shareholders to Midland. The combination of our two companies creates the fourth largest community bank based in Illinois, with more than 70 branches to serve our customers in both Illinois and Missouri. Since our IPO in 2016, we have doubled the size of the Company and built a strong business model centered around core community banking and wealth management that we believe will produce attractive long-term returns for our shareholders".
R. Robert Funderburg, Jr., Chairman of the Board of Alpine, added, "At the core, we are both community banks investing back in the communities we serve with long histories of helping generations of families with their personal, business and wealth management needs. Our customers will be able to enjoy more services and more convenience, all delivered with the same attention to detail and personal service they have come to expect".
Mr. Holschbach also added, "We are pleased that Rob Funderburg has agreed to join our holding company board, and Bill Roop, Alpine Bank's President and Chief Executive Officer, will join our bank board and will be continuing in a client relationship and integration liaison role for us. Their continued presence, together with the rest of the ongoing Alpine team, will help ensure continuity in market presence and leadership".
About Midland States Bancorp, Inc.
Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank and Alpine Bank. As of February 28, 2018, the Company had total assets of approximately $5.7 billion and its Wealth Management group had assets under administration of approximately $3.1 billion. Midland provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, and insurance and financial planning services. In addition, commercial equipment financing is provided through Midland Equipment Finance, and multi-family and healthcare facility FHA financing is provided through Love Funding. For additional information,
visit www.midlandsb.com or on LinkedIn at https://www.linkedin.com/company/midland-states-bank.
Forward-Looking Statements
Readers should note that in addition to the historical information contained herein, this press release includes "forward-looking statements", including but not limited to statements about the integration of the Alpine transaction. These statements are subject to many risks and uncertainties, as detailed from time to time in filings made by Midland with the Securities and Exchange Commission. Readers should note that the forward-looking statements included in this press release are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "will", "propose", "may", "plan", "seek", "expect", "intend", "estimate", "anticipate", "believe" or "continue", or similar terminology. Any forward-looking statements presented herein are made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
CONTACT:
Douglas J. Tucker, Sr. V.P., Corporate Counsel, at dtucker@midlandsb.com or (217) 342-7321

text: Midland States Bancorp, Inc.

text: Alpine Bancorporation

text: Midland States Bancorp, Inc.

text: Alpine Bancorporation, Inc.

text: Leon J. Holschbach

text: Midland States Bancorp, Inc.

text: Midland States Bancorp, Inc.


text:
EX-99.2
5
d699024dex992.htm
EX-99.2
EX-99.2
Amedisys and Compassionate Care Hospice
Exhibit 99.2
This presentation includes
forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. The use of words such as "believes", "belief", "expects", "plans", "anticipates,"
"intends", "projects", "estimates", "may", "might", "would", "should" and similar expressions are intended to identify forward-looking statements. These
forward-looking statements and all projections in this presentation are subject to risks and uncertainties and are based on the beliefs, estimates and assumptions of management and information currently available to management, which, though
considered reasonable by the Company, are inherently subject to significant business, economic and competitive uncertainties beyond the Company's control. There can be no assurance that the projected results can be realized, and actual results
may differ materially from a conclusion, forecast or projection in the forward-looking information. Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements
and the projections are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on
the Amedisys internet website http://www.amedisys.com or by contacting the Amedisys Investor Relations department at (225) 292-2031. We disclaim any obligation to update any forward-looking statements or any changes in events, conditions or
circumstances upon which any forward-looking statement may be based except as required by law. www.amedisys.com NASDAQ: AMED We encourage everyone to visit the Investors Section of our website at www.amedisys.com, where we have posted additional
important information such as press releases, profiles concerning our business and clinical operations and control processes, and SEC filings. Forward-looking statements
Amedisys to acquire compassionate care
hospice Deal Summary Overview Metrics Integration Amedisys closes on its acquisition of Compassionate Care Hospice 100% stock purchase Compassionate Care Hospice: Founded in 1993 100% founder owned Average Daily Census: 3,300 Revenue: $188M Adj.
EBITDA: $27M Care Centers: 53 States: 24 Proforma for acquisitions, AMED becomes the 3rd largest hospice provider in America Adds 11 new states to AMED hospice organization $340M gross price (12.6x) $290M net price (10.7x) Net of $50M dollar for
dollar payment related to tax asset and working capital Synergized Multiple: 7.8x ~$10M in synergies Overlap: Minimal overlap ~10% of ADC Balance sheet remains very flexible for continued inorganic growth opportunities: Initial leverage ratio: ~1.5x
Proforma company will have significant cash generation Conversion to HCHB to begin March 1 and projected to take ~180 days Expected to see integration and HCHB implementation disruption during 1Q'19 and 2Q'19 AMED will invest in the
business during 2019 to grow low ADC care centers and expand margin in large care centers Adding sales resources to accelerate growth in 2H'19 and 2020 Retention packages for key employees Care center staffing model and regional infrastructure
Expect significant margin improvement throughout 2020 2021 expect margin profile similar to AMED hospice
Footprint Proforma company: 472 total
care centers in 38 states and the District of Columbia Total Amedisys (post-closing) States 38 & District of Columbia Care Centers Total: 472 Employees ~21,000
Adjusted Earnings Before Interest,
Taxes, Depreciation and Amortization ("Adjusted EBITDA"): Reconciliation of non-gaap financial measures to GAAp measures For the Twelve Months Ended May 31, 2018 ($ thousands - unaudited) Net income attributable to Compassionate
Care Hospice $ 21,265 Add: Income tax expense 2,436 Interest expense, net 146 Depreciation and amortization 43 Certain items 3,052 Adjusted EBITDA1 attributable to Compassionate Care Hospice $ 26,942 Adjusted EBITDA is defined as net income before
provision for income taxes, net interest expense and depreciation and amortization, excluding certain items.

text: Amedisys

text: Compassionate Care Hospice

text: Amedisys

text: Amedisys

text: Amedisys

text: Amedisys

text: Compassionate Care Hospice

text: Compassionate Care Hospice

text: Amedisys

text:
Compassionate
Care Hospice

text: Compassionate Care Hospice


text:
EX-99.1
4
a08-12409_1ex99d1.htm
EX-99.1
Exhibit 99.1
For Immediate Release
Summer
Infant, Inc. Announces Acquisition of Kiddopotamus & Company
·
Further Expands Product Offering
in Nursery Care, Feeding, and Travel
Accessories Categories
·
Expects
Acquisition to be Accretive to Full Year 2008 Results
Woonsocket,
RI, April 21, 2008 - Summer Infant, Inc. ("Summer Infant" or the "Company")
(Nasdaq: SUMR, SUMRW), today announced that, on April 18, 2008, it
completed the acquisition of Kiddopotamus & Company ("Kiddopotamus"),
a leading manufacturer and supplier of infant nursery, travel and feeding
accessories headquartered in Stilwell, Kansas.
Kiddopotamus
manufactures a broad range of infant safety, comfort and developmental
products, including its SwaddleMe infant swaddling blankets, which are designed
to reduce the risk of Sudden Infant Death Syndrome ("SIDS"), Snuzzler
adjustable head and body supports for car seats and strollers, and TinyDiner
portable placemats. In 2007, Kiddopotamus generated sales of approximately
$13.0 million.
Chris Snedeker and Kristen Peterson, the co-founders of Kiddopotamus, will
continue to manage the business, which will be incorporated into Summer Infant's
operations.
The
purchase price, which was not disclosed, was funded through available cash and
borrowings under Summer Infant's new credit facilities and the issuance of
unregistered shares of Summer Infant's common stock. On April 10, 2008, Summer Infant entered
into two new secured credit facilities with Bank of America, including a $36.0
million working capital credit facility and a $10.0 million acquisition
facility, both replacing its previous $30.0 million working capital
facility. Including the $4.0 million
real estate loan that the Company has with Bank of America, the total capacity
of its borrowing facilities is $50.0 million.
"Kiddopotamus
represents another valuable addition to the Summer Infant team and product
portfolio", commented Mr. Jason Macari, Chief Executive Officer of Summer
Infant. "We are very pleased to have
Chris
Snedeker and Kristen Peterson join our company, as their operational and
product development experience at Kiddopotamus
and industry expertise will contribute greatly to our
team. Over the past ten years,
Kiddopotamus has grown its product offering and emerged as a brand of choice
within its key categories. We plan to build on this solid foundation by
leveraging our vast distribution network and solid retail customer
relationships to expand its product reach and take its operations to the next
level."
"Looking
ahead, the acquisition of Kiddopotamus, along with the recent addition of Basic
Comfort, broadens our brand presence in several key high-growth categories,
including infant nursery, travel and feeding accessories. We expect the acquisitions of these
companies, which generated combined revenues of approximately $23.0 million in
2007, to significantly contribute to our sales growth in 2008 and beyond.
Similar to our recent Basic Comfort acquisition, we also anticipate realizing
meaningful cost synergies and expect the acquisition of Kiddopotamus to be
accretive in 2008.
"
Summer
Infant intends to update its full year 2008 financial guidance to reflect both
the acquisitions of Kiddopotamus and Basic Comfort on its first quarter 2008
earnings conference call.
About Summer Infant, Inc.
Based in Woonsocket, Rhode Island, the Company is a
designer, marketer and distributor of branded durable juvenile health, safety
and wellness products (for ages 0-3 years), which are sold principally to large
U.S. retailers. The Company currently
sells proprietary products in a number of different categories, including
nursery audio/video monitors, safety gates, durable bath products, bed rails,
infant thermometers and related nursery, health and safety products, booster
and potty seats, soft goods, bouncers, strollers, travel accessories,
highchairs and swings.
Forward Looking Statements
Certain
statements in this release that are not historical fact may be deemed "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995, and the Company intends that such forward-looking statements be
subject to the safe harbor created thereby.
These forward-looking statements relate to information or assumptions
about the acquisition of Basic Comfort, Inc., benefits and synergies of
the transaction, future opportunities for the combined company and products and
any other statements regarding the future expectations, beliefs, goals or
prospects of the Company. These statements are accompanied by words such as "anticipate,"
"expect", "project", "will", "believes", "estimate" and similar expressions.
The Company cautions that these statements are qualified by important factors
that could cause actual results to differ materially from those reflected by
such forward-looking statements. Such
factors include the concentration of the Company's business with retail
customers; the ability of the Company to compete in its industry; the Company's
dependence on key personnel; the Company's reliance on foreign suppliers; the
costs associated with pursuing and integrating strategic acquisitions; and
other risks as detailed in the Company's Annual Report on Form 10-K for
the fiscal year ended December 31, 2007, and subsequent filings with the
Securities and Exchange Commission. The
Company assumes no obligation to update the information contained in this
presentation.
Contact:
Joe
Driscoll
Chief
Financial Officer
Summer
Infant, Inc.
(401) 671-6922
or
Devlin Lander
Integrated Corporate Relations
(415) 292-6855

text:
Summer
Infant, Inc.

text: Kiddopotamus & Company

text: Summer Infant, Inc.

text: Kiddopotamus & Company

text: Kiddopotamus

text: Kiddopotamus

text: Kiddopotamus

text: Kiddopotamus

text: Kiddopotamus

text: Jason Macari

text: Kiddopotamus

text: Kiddopotamus

text: Kiddopotamus

text: Kiddopotamus

text: Kiddopotamus

text: Summer Infant, Inc.

text: Basic Comfort, Inc.

text:
Joe
Driscoll

text:
Summer
Infant, Inc.