text:
EX-99
10
ex994.htm
EXHIBIT 99.4 - PRESS RELEASE DATED DECEMBER 19, 2007
DOCUCON COMPLETED ACQUISITION OF MY EDGAR AND CHANGES ITS NAME TO ISSUER DIRECT CORPORATION
Main 8-K
EXHIBIT 99.4
DOCUCON COMPLETED ACQUISITION OF MY EDGAR AND CHANGES ITS NAME TO ISSUER DIRECT CORPORATION
CARY, NC, Dec 19, 2007 -- Docucon Incorporated (Pink sheets: DCCN) announced today that the acquisition of My EDGAR, Inc. was completed on December 13, 2007. In connection with the acquisition the Company changed its name to Issuer Direct Corporation.
With the completion of the acquisition, Robert Schwartz, Chief Executive Officer of Docucon has resigned and has been replaced by Brian Balbirnie. Mr. Balbirnie will serve as the Issuer Direct Corporation's Chief Executive Officer and Chairman of the Board of Directors. On December 17, 2007, James Learish was named President and Chief Accounting Officer and appointed to the Board of Directors, the remaining independent directors Edward Gistaro and Chauncey Schmidt will remain as part of the board.
"We believe our core business units have matured to the point where entering the public markets through this transaction, was in the best interests of our stakeholders", stated Balbirnie, formerly the Chief Executive Officer of My EDGAR, now chairman and Chief Executive Officer of Issuer Direct Corporation.
Over the past several months the Company has expanded its service offerings and felt it was appropriate to change the name of the Company to Issuer Direct Corporation to more accurately describe its business which includes financial printing, EDGAR filings, and proxy management, fulfillment services.
Learish said, "My EDGAR is excited to join the majority of our clients as part of a reporting publicly-traded company and we expect 2008 to be an important year in the Company's development as we launch new services and expand our sales force".
About Issuer Direct Corporation:
Issuer Direct Corporation operates under several brands in the market, including Elite Financial Press, My EDGAR, Bassett Press, Edgarization, The Edgar Service Bureau, iProxy Direct, Issuer Logistics, Comply, Shareholder Direct, and Audit Ready. As an issuer services focused company, Issuer Direct Corporation assists reporting companies and companies in moving to become reporting, with disseminating information to the SEC, their investors, and the public. Since its inception, Issuer Direct Corporation has continuously worked to expand the services it provides to its clients. Providing clients with comprehensive services allows the Company to be the partner of choice for its clients.
Forward-Looking Statements:
This release may contain forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. Additional information about the Company can be found in periodic filings with the SEC available at
http://www.sec.gov
.
Contact:
IR@issuerdirect.com

text: DOCUCON

text: MY EDGAR

text: DOCUCON

text: MY EDGAR

text: Docucon Incorporated

text: My EDGAR, Inc.

text: Robert Schwartz

text: Docucon

text: My EDGAR

text: My EDGAR

text: My EDGAR


dataset: buster

text:
EX-99.1
3
d101040dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
SmartStop Self Storage REIT, Inc. Closes Acquisition of Strategic
Storage Trust IV, Inc. in $380 Million
All-Stock
Transaction
LADERA RANCH, Calif.
- March
17, 2021 -
SmartStop Self Storage REIT,
Inc.
("SmartStop")
and Strategic Storage Trust IV, Inc. ("SST IV") announced today that the companies have closed the previously announced merger, in which SST IV merged into a subsidiary of SmartStop
(the "Merger"), in an
all-stock
transaction with a value of approximately $380 million. The Merger positions the combined company to achieve further economies of scale and drive incremental
growth as it takes advantage of the benefits of a larger aggregate portfolio.
As a result of the Merger, SmartStop acquired all of the real estate
owned by SST IV, consisting of 24 wholly-owned self storage facilities located across nine states and six joint venture properties located in the Greater Toronto Area. The total SST IV portfolio, including joint venture property estimates at
completion of development, represents approximately 22,500 self storage units and 2.6 million net rentable square feet. The resulting consolidated portfolio consists of 136 wholly-owned properties and six joint venture properties with a
combined gross book value of approximately $1.5 billion of self storage assets.
"We are thrilled to announce the closing of this
transformational deal for both SmartStop and SST IV shareholders", said H. Michael Schwartz, Founder and Executive Chairman of SmartStop. "This merger allows us to recognize expense efficiencies and reduce borrowing costs, among other
benefits, which better positions the combined company to execute on future growth plans. We've recognized some of these potential cost savings already, as we simultaneously closed a new $500 million credit facility, which was primarily
used to refinance existing debt of both SmartStop and SST IV at significantly more attractive rates. With the power of the SmartStop
®
Self Storage platform and the tremendous team behind it,
we believe the combined company will generate strong future risk-adjusted returns for our shareholders".
Robert A. Stanger &
Company, Inc. served as financial advisor and Venable LLP served as legal counsel to the SmartStop special committee, while Nelson Mullins Riley & Scarborough LLP served as legal counsel to SmartStop. KeyBanc Capital Markets Inc.
served as financial advisor and Bass, Berry & Sims PLC served as legal counsel to the SST IV special committee.
About SmartStop Self Storage REIT, Inc.
(SmartStop)
SmartStop is a self-managed REIT with a fully integrated operations team of approximately 400 self
storage professionals focused on growing the SmartStop
®
Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self
storage programs. SmartStop is the tenth-largest self storage company in the U.S., with approximately $1.7 billion of real estate assets under management, including an owned and managed portfolio of 152 properties in 19
states and Toronto, Canada and comprising approximately 103,000 units and 11.6 million rentable square feet. SmartStop and its affiliates own or manage 16 operating self storage properties in the Greater Toronto Area, which total
approximately 13,300 units and 1.4 million rentable square feet. Additional information regarding SmartStop is available at
www.smartstopselfstorage.com
.
Contact:
David Corak
VP of Corporate Finance
SmartStop Self Storage REIT, Inc.
949-429-6600
dcorak@smartstop.com

label: organization

text:
Strategic
Storage Trust IV, Inc.

text: Strategic Storage Trust IV, Inc.

label: person

text: H. Michael Schwartz

text: David Corak

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-99.2
2
a07-14374_1ex99d2.htm
PRESS RELEASE ISSUED BY EQUIFAX INC. ON MAY 15, 2007
Exhibit
99.2
1550
Peachtree Street, N.W. Atlanta, Georgia 30309
NEWS
RELEASE
Contact Information:
David Rubinger
Equifax Inc.
(404) 885-8555
david.rubinger@equifax.com
Equifax
Completes Acquisition of TALX Corporation
ATLANTA,
May 15, 2007 -
Equifax
Inc. (NYSE: EFX) today announced the completion of the acquisition of TALX
Corporation (NASDAQ: TALX) following approval of the transaction by TALX
shareholders and satisfaction of all other closing conditions of the merger
agreement.
TALX
is a leading provider of employment verification and related human
resource/payroll services, serving over 9,000 clients in the U.S., including
more than 75 percent of companies in the FORTUNE 500. TALX provides a wide
spectrum of products and services including employment and income verification,
pay reporting, hiring, and employment tax management services. The Work Number®
service, created by TALX in
1995, is a leader in workplace verification and has over 147 million employment
records.
The
acquisition of TALX is aligned with Equifax's long-term growth strategy of
expanding into new markets with unique data and analytics. Equifax and TALX each leverage data and
technologies that are designed to help customers make critical decisions with
greater confidence. The acquisition also adds an experienced management team
with proven business performance.
"We
are very pleased to welcome TALX and 1,900 associates to Equifax. TALX products
and services will enable Equifax to broaden its suite of solutions for
customers and expand its position as an industry leader in data, analytics and
technology. With Equifax, TALX customers will benefit from the resources of a
108-year-old global company that is a trusted steward of critical information,"
said Richard F. Smith, chairman and CEO, Equifax.
"On
behalf of TALX, its shareholders and our associates, I am extremely proud that
our company is now part of Equifax. The combination of our two companies is a
natural fit, as Equifax and TALX have similar business models focused on
helping customers become more efficient by leveraging information and
technology. I know that our customers will reap the benefits of having our two
great companies serving their needs for many years to come", said William W.
Canfield, president, TALX.
Under
the terms of the merger agreement, each share of TALX common stock is converted
into the right to receive either $35.50 in cash, without interest, or 0.861 of
a share of Equifax common stock for each share of TALX common stock that the shareholder
owned immediately before completion of the merger. If TALX shareholders elect to receive more
stock or cash than is provided for under the merger agreement, elections for
the oversubscribed form of merger consideration will be prorated so that 75
percent of the shares of TALX common stock outstanding immediately before
completion of the merger will be converted into shares of Equifax common stock
and the remaining 25 percent will be converted into the right to receive cash.
Under the terms of the stock and cash transaction, Equifax expects to issue
approximately 20.6 million shares of its common stock and pay cash in the
approximate amount of $283 million in exchange for all of the issued and
outstanding shares of TALX common stock.
The final results of the cash and stock elections, including the
consideration to be received by TALX shareholders who validly elected cash and
those who validly elected stock, are expected to be announced by Equifax as
soon as practicable after final reconciliation by the exchange agent for the
transaction, Computershare Shareholder Services, Inc.
Trading
in TALX's common stock on the NASDAQ Global Select Market ceased at the end of
trading hours on Tuesday, May 15, 2007.
TALX
becomes one of Equifax's five business units, along with U.S. Consumer
Information Solutions, North American Commercial Information Solutions,
International and Personal Solutions. Mr. Canfield has joined Equifax as
president of the TALX business unit and has been elected to Equifax's board of
directors. Starting today, Equifax will begin integrating the two companies'
operations to ensure a smooth transition and the creation of long-term value
for customers, employees and shareholders.
###
2
About Equifax (www.equifax.com)
Equifax
is a global leader in information technology that enables and secures global
commerce with consumers and businesses. The company is one of the largest
sources of consumer and commercial data. Utilizing its databases, advanced
analytics and proprietary enabling technology, Equifax provide real-time
answers for our customers. This innovative ability to transform information
into intelligence is valued by customers across a wide range of industries and
markets. Headquartered in Atlanta, Georgia, Equifax employs approximately 6,900
people in 14 countries throughout North America, Latin America and Europe.
Equifax was founded 108 years ago, and today is a member of Standard &
Poor's (S&P) 500® Index, and its common stock is traded on the New York
Stock Exchange under the symbol EFX.
Forward-Looking Statements
This document may contain
forward-looking statements. Various
known and unknown risks, uncertainties and other factors could lead to material
differences between the actual future results, financial situation, development
or performance of Equifax or TALX and the information contained in this
release. These factors include the
ability to integrate successfully TALX within Equifax or to realize synergies
from such integration; costs related to the acquisition of TALX; the economic
environment of the industries in which Equifax and TALX operate; and other risk
factors discussed in Equifax's and TALX's respective public reports filed with
the SEC. Equifax and TALX assume no duty
whatsoever to update these forward-looking statements or to conform them to
future events or developments.
3

text: EQUIFAX INC.

text: Equifax Inc.

text: Equifax

text: TALX Corporation

text:
Equifax
Inc.

text:
TALX
Corporation

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Richard F. Smith

text: Equifax

text: Equifax

text: Equifax

text:
William W.
Canfield

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax

text: Equifax


text:
EX-99.1
2
a13-15906_1ex99d1.htm
EX-99.1
EXHIBIT 99.1
Steinway Closes Sale of West 57
th
Street Building
WALTHAM, MA - June 28, 2013 - Steinway Musical Instruments, Inc. (NYSE: LVB) today announced the closing of its previously announced transaction to sell its interest in the Steinway Hall building to a partnership led by JDS Development Group. The Steinway Hall building is a 247,000-square-foot, 16-story boutique office building on West 57th Street in New York City that houses the Company's flagship retail showroom. Steinway received a cash purchase price of $46.3 million.
Steinway Chairman and CEO Michael Sweeney commented, "We are pleased to have concluded this transaction, strengthening our already healthy balance sheet and facilitating the redemption of our outstanding 7.0% Senior Notes due 2014, announced on June 14th. The sale will also enable our management team to focus all of its attention on maximizing the value of our core musical instruments business. In addition, it positions us to prepare for the creation of a 21st century Steinway Hall in Manhattan that serves the needs of today's artists and customers just as the West 57th Street building did when it opened in 1925".
Steinway retains the right to occupy the premises through September, 2014 and to extend that period for an additional four months subject to an agreed upon rent.
After payment of associated transfer taxes and broker fees, the Company realized cash proceeds of approximately $43.7 million upon closing. It will recognize a taxable gain of approximately $22.0 million on the sale.
About Steinway Musical Instruments
Steinway Musical Instruments, Inc., through its Steinway and Conn-Selmer divisions, is a global leader in the design, manufacture, marketing and distribution of high quality musical instruments. These products include Bach Stradivarius trumpets, Selmer Paris saxophones, C.G. Conn French horns, Leblanc clarinets, King trombones, Ludwig snare drums and Steinway & Sons pianos. Through its online music retailer, ArkivMusic, the Company also produces and distributes classical music recordings. For more information about Steinway Musical Instruments, Inc. please visit the Company's website at www.steinwaymusical.com.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This release contains "forward-looking statements" which represent the Company's present expectations or beliefs concerning future events. The Company cautions that such statements are necessarily based on certain assumptions which are subject to risks and uncertainties which could cause actual results to differ materially from those indicated in this release. Further information on these risk factors is included in the Company's filings with the Securities and Exchange Commission.
Company Contact:
Julie A. Theriault
Steinway Musical Instruments, Inc.
(781) 894-9770
ir@steinwaymusical.com
Investor Relations Contact:
Harriet Fried / Jody Burfening
LHA
(212) 838-3777
hfried@lhai.com

text: Steinway

text: Steinway Musical Instruments, Inc.

text: Steinway

text: JDS Development Group

text: Steinway

text: Steinway

text: Steinway

text: Steinway

text: Steinway

text: Steinway Musical Instruments, Inc.

text: Steinway

text: Steinway

text: Steinway Musical Instruments, Inc.

text: Steinway Musical Instruments, Inc.


text:
EX-99.1
2
a50674934ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
Alaska
Communications and GCI Announce Closing of The Alaska Wireless Network,
LLC
Venture
to Offer Alaskans Best Wireless Experience in Alaska
ANCHORAGE, Alaska--(BUSINESS WIRE)--July 23, 2013--Alaska Communications
(NASDAQ:ALSK) and General Communication, Inc. ("GCI") (NASDAQ:GNCMA)
today announced the companies have completed the previously announced
transaction to form The Alaska Wireless Network, LLC ("AWN").
Alaska Communications and GCI, leading wireless providers in Alaska,
have each contributed their respective wireless assets, including
spectrum licenses, cell sites, backhaul facility usage rights, and other
assets necessary for AWN to design, build, and operate a statewide
wireless network. From the start, AWN's network will cover more of
Alaska's population than the network of any other wireless provider. AWN
will provide the latest wireless services, including LTE, to its owners,
Alaska Communications and GCI. Alaska Communications and GCI will
independently sell these services to their respective retail customers
and continue to operate as competitors in Alaska.
"The wireless business is capital intensive, requires scale to compete
successfully against national carriers, and demands more spectrum than
either of our two companies individually owns", said Alaska
Communications President and CEO Anand Vadapalli and GCI President and
CEO Ron Duncan. "By combining our respective wireless assets, we can
provide a state-of-the-art Alaska wireless network owned and operated by
Alaskans for Alaskans. We believe that The Alaska Wireless Network will
provide the fastest, most geographically extensive, and most reasonably
priced wireless services for Alaska subscribers, allowing us each to
compete more effectively in the retail market".
Under the transaction, Alaska Communications owns one third and GCI owns
two thirds of AWN. Under the terms of the agreement, Alaska
Communications will receive $100 million cash and is eligible to receive
preferred distributions totaling up to $190 million over the first four
years of operation. GCI will receive all remaining available
distributions over the first four years. Distributions thereafter will
be on a pro rata ownership basis.
Evercore acted as financial advisor to Alaska Communications, with The
Stephens Group providing an additional fairness opinion.
About Alaska Communications
Alaska Communications is a leading provider of advanced broadband
solutions for businesses and consumers in Alaska. We operate a highly
reliable, advanced statewide data and voice network with the latest
technology and the most diverse undersea fiber optic system connecting
Alaska to the contiguous United States. For more information, visit
www.alaskacommunications.com
or
www.alsk.com
.
About GCI
A pioneer in bundled services, GCI is a top provider of voice, data, and
video services to Alaska consumers with a 70 percent share of the
consumer broadband market. GCI is also the leading provider of
communications services to enterprise customers, particularly large
enterprise customers with complex data networking needs. More
information about GCI can be found at
www.gci.com
.
Forward-Looking Statements
This joint release includes certain "forward-looking statements", as
that term is defined in the Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on management's beliefs
as well as on a number of assumptions concerning future events made
using information currently available to management. Readers are
cautioned not to put undue reliance on such forward-looking statements,
which are not a guarantee of performance and are subject to a number of
uncertainties and other factors, many of which are outside Alaska
Communications' or GCI's control. For further information regarding
risks and uncertainties associated with either company's business,
please refer to either Alaska Communications' or GCI's SEC filings.
CONTACT:
Alaska Communications
Investor relations: Wayne Graham,
907-564-7756
Media relations: Heather Cavanaugh, 907-564-7722
or
GCI
Investor
Relations: Tom Chesterman, 907-868-1585
tchesterman@gci.com
Media
Relations: David Morris, 907-265-5396
dmorris@gci.com

text:
Alaska
Communications

text: GCI

text: Alaska Communications

text: General Communication, Inc.

text: GCI

text: Alaska Communications

text: GCI

text: Alaska Communications

text: GCI

text: Alaska Communications

text: GCI

text:
Alaska
Communications

text: GCI

text: Alaska Communications

text: GCI

text:
Alaska
Communications

text: GCI

text: Evercore

text: Alaska Communications

text:
The
Stephens Group

text: Alaska Communications

text: Alaska Communications

text: GCI

text: GCI

text: GCI

text: GCI

text:
Alaska
Communications

text: GCI

text: Alaska Communications

text: GCI

text: Alaska Communications

text: GCI


text:
EX-99
2
newsrelease.htm
PRESS RELEASE
ENGlobal Completes Divestiture of Midstream Inspection Division
EXHIBIT 99.1
ENGlobal Completes Divestiture of Midstream Inspection Division
Houston, TX, Jan. 3, 2013 (GLOBE NEWSWIRE) --
ENGlobal Corporation (NASDAQ: ENG),
a leading
provider of energy-related engineering and automation services,
announced today that it has closed the previously announced
agreement to divest its Midstream Inspection division to Furmanite
America, Inc. ("FAI") a subsidiary of Furmanite Corporation.
As announced in December 2012, the total value of the transaction
to ENGlobal was approximately $6.5 million, consisting of cash at
closing, retained working capital, and a promissory note issued
with a parent company guarantee.
ENGlobal intends to use the net proceeds from this transaction
to reduce outstanding debt. The closing of this transaction
completes ENGlobal's previously announced intent to divest its
Field Solutions segment, which included both its Land/Right of Way
and Midstream Inspection divisions, as a means of reducing
outstanding bank indebtedness.
About ENGlobal
ENGlobal (NASDAQ: ENG), founded in 1985, is a provider of
engineering and related project services principally to the energy
sector throughout the United States and internationally. ENGlobal
operates through two business segments: Automation and Engineering
& Construction. ENGlobal's Automation segment provides services
related to the design, fabrication & implementation of process
distributed control and analyzer systems, advanced automation, and
related information technology. The Engineering &
Construction segment provides consulting services relating to the
development, management and execution of projects requiring
professional engineering as well as downstream inspection,
construction management, mechanical integrity, field support,
quality assurance and plant asset management. ENGlobal has
approximately 1,500 employees in 12 offices and
9 cities. Further information about the Company and its
businesses is available at www.ENGlobal.com.
Safe Harbor for Forward-Looking Statements
The statements above regarding the Company's expectations
regarding its operations and certain other matters discussed in
this press release may constitute forward-looking statements within
the meaning of the federal securities laws and are subject to risks
and uncertainties including, but not limited to: (1) our
ability to realize the benefits of the sale of the Inspection
division, including our ability to collect unbilled trade
receivables; (2) whether the exploration and consideration of
strategic alternatives will result in any transaction and such
transaction's effects on the Company and its stockholders;
(3) our ability to comply with the terms of the forbearance
agreement with respect to the Company's Revolving Credit and
Security Agreement, including our ability to develop a plan to
restore compliance with the terms of such credit facility;
(4) our ability to obtain the cure or waiver of defaults under
the Company's Revolving Credit and Security Agreement and our
existing letter of credit facility with Export-Import Bank of the
United States; (5) our ability to achieve profitability and
positive cash flow from operations; (6) our ability to collect
accounts receivable and process accounts payable in a timely
manner; (7) our ability to respond appropriately to the
current worldwide economic situation and the resulting decrease in
demand for our services and competitive pricing pressure;
(8) our ability to achieve our business strategy while
effectively managing costs and expenses; (9) our ability to
accurately estimate costs and fees on fixed-price contracts;
(10) the effect of changes in the price of oil;
(11) delays related to the award of domestic and international
contracts; (12) our ability to execute to our internal
performance plans such as our productivity improvement and cost
reduction initiatives; (13) the effect of changes in laws and
regulations with which the Company must comply and the associated
costs of compliance with such laws and regulations, either
currently or in the future, as applicable; (14) the effect of
changes in accounting policies and practices as may be adopted by
regulatory agencies, as well as by the FASB; (15) the effect
on our competitive position within our market area in view of,
among other things, increasing consolidation currently taking place
among our competitors; (16) our ability to win new business
and convert those orders to sales within the fiscal year in
accordance with our annual business plan; (17) achievement of
our acquisition and related integration plans; and (18) the
uncertainties of the outcome of litigation. Actual results and the
timing of certain events could differ materially from those
projected in or contemplated by the forward-looking statements due
to a number of factors detailed from time to time in ENGlobal's
filings with the Securities and Exchange Commission. In addition,
reference is hereby made to cautionary statements set forth in the
Company's most recent reports on Form 10-K and 10-Q, and other SEC
filings.
Click here to join our email list: http://www.b2i.us/irpass.asp?BzID=702&to=ea&s=0.
CONTACT: Natalie S. Hairston
281-878-1000
ir@englobal.com

text: ENGlobal

text: ENGlobal

text: ENGlobal Corporation

text: Furmanite Corporation

text: ENGlobal

text: ENGlobal

text: ENGlobal

text: ENGlobal

text: ENGlobal

text: ENGlobal

text: ENGlobal

text: ENGlobal

text: ENGlobal


text:
EX-99.1
2
exhibit991pressreleasedate.htm
EXHIBIT 99.1
Exhibit
Exhibit 99.1
KINGSWAY ANNOUNCES COMPLETION OF
SALE OF NON-STANDARD AUTO BUSINESS
Toronto, Ontario (October 18, 2018) - (TSX: KFS, NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced that the sale of its non-standard automobile insurance companies Mendota Insurance Company, Mendakota Insurance Company and Mendakota Casualty Company (collectively "Mendota") to Premier Holdings, LLC, previously announced on July 16, 2018, has been completed. The final aggregate purchase price of $28.6 million has been redeployed primarily to acquire limited liability investments, equity investments and other investments, which were owned by Mendota at the time of the closing, having a carrying value of $22.9 million and to fund $5 million into an escrow account to be used to satisfy potential indemnity obligations under the definitive stock purchase agreement.
Management Comments
John T. Fitzgerald, President and Chief Executive Officer, stated, "We are pleased to announce the closing of the sale of our non-standard auto insurance business. The sale of Mendota represents the disposition of the last legacy operating business from the original Kingsway group of companies. The sale is bittersweet, as we have begun to see the emerging results of the turnaround efforts we have expended over the last 24 months. That said, we plan to redeploy the assets we have received as compensation for the sale towards higher returning, less volatile businesses like extended warranty. We wish Steve Harrison and the entire Mendota team best wishes for a bright future under new ownership".
About the Company
Kingsway is a holding company that owns or controls subsidiaries primarily in the extended warranty, asset management and real estate industries. The common shares of Kingsway are listed on the Toronto Stock Exchange and the New York Stock Exchange under the trading symbol "KFS".
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as "expects", "believes", "anticipates", "intends", "estimates", "seeks" and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements relate to future events or future performance, but reflect Kingsway management's current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the section entitled "Risk Factors" in the Company's 2017 Annual Report on Form 10-K. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Additional Information
Additional information about Kingsway, including a copy of its 2017 Annual Report and filings on Forms 10-Q and 8-K, can be accessed on the Canadian Securities Administrators' website at www.sedar.com, on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov or through the Company's website at www.kingsway-financial.com.

text: KINGSWAY

text: Kingsway Financial Services Inc.

text: Kingsway

text: Mendota Insurance Company

text: Premier Holdings, LLC

text: Kingsway

text: Kingsway

text: Kingsway

text: Kingsway

text: Kingsway


text:
EX-99.1
24
ex_9901.htm
PRESS RELEASE
ex_9901.htm
EXHIBIT
99.1
FOR
IMMEDIATE RELEASE
October
11, 2007, Anaheim, California - On October 11, 2007 Springbank Resources, Inc.
(OTCBB: SPRG) acquired Location Based Technologies, Corp. (formerly known as
PocketFinder LLC) for 18,384,500 shares of Springbank's common
stock.
At
the
closing Dave Morse, Desiree Mejia and Joseph Scalisi were appointed to
Springbank's Board of Directors, replacing former directors Clint Black and
Philip F. Grey.
Location
Based Technologies has developed an innovative wireless personal location device
which uses the U.S. Department of Defense's Global Positioning System ("GPS")
satellites and General Packet Radio Service ("GPRS") technology over the Global
Systems Mobile ("GSM") network. Location Based Technologies is in the
development stage and has not yet generated revenues.
At
the
election of holders of convertible notes sold by Location Based Technologies,
up
to 5,242,000 additional shares of Springbank's common stock may be issued in
payment of $5,242,000 owed to the note holders.
Springbank
will shortly change its name to Location Based
Technologies. Springbank plans to have a new trading symbol
reflecting its new name by the end of October.
For
more
information contact:
Dave
Morse, CEO, at (800) 615-0869 for media contacts or
Glenn
Busch at (818) 304-2247 for Investor Relations information.

text: Springbank Resources, Inc.

text: Location Based Technologies, Corp.

text: Dave Morse

text:
Dave
Morse


text:
EX-99.1
7
a07-25115_1ex99d1.htm
EX-99.1
Exhibit
99.1
NEWS RELEASE
InfoLogix Acquires Healthcare Informatics Associates Inc. (HIA);
Adds Premier Healthcare Consulting Firm and Systems Integrator
InfoLogix
Cements Position as Leading "Single Source" Provider
for Healthcare Technology Based Mobility Solutions
HATBORO, PA -
October 2, 2007
- InfoLogix, Inc. (NASDAQ: IFLG), a leading
technology provider of mobile enterprise solutions for the healthcare and
commercial industries, announced today that it has acquired Healthcare
Informatics Associates, Inc. (HIA), a leading management and clinical/financial
systems consulting company dedicated to the healthcare industry. The HIA business
will operate within the InfoLogix organization as the company's healthcare
consulting and systems integration service line.
Privately-held HIA provides
a valuable skill set to healthcare organizations: a team of senior healthcare
informatics consultants who are also certified healthcare practitioners, most
with over 20 years of combined experience. Personnel include Registered Nurses,
Pharmacists, Ancillary Clinicians, Physician Assistants, Revenue Cycle
Personnel, Administrative Systems Personnel, Technical Interface/Report Writing
Personnel, Clinical Transformation Specialists, Engineers specializing in ROI/Benefits
Realization/Work Redesign and Certified Project Managers. These consultants
have sought-after expertise in healthcare technology system implementations
such as Epic, GE/IDX, MEDITECH, Siemens and Eclipsys.
InfoLogix's customer base
now includes more than 20% of all hospitals in the United States, and the
company's rapidly growing footprint now includes healthcare and mobility
experts in 27 states across North America. Demand for Healthcare consulting and
systems integration continues to witness tremendous growth as the total
healthcare consulting marketplace is projected to exceed $30 billion by 2010
according to analyst estimates.
"More than 1,400
hospitals rely on InfoLogix as their enterprise mobility partner, and we
believe the addition of HIA will enable us to expand the strategic value of our
current and future customer relationships", said David Gulian, President and
CEO of InfoLogix. "InfoLogix's expertise in healthcare mobility solutions, together
with HIA's combination of IT and clinical experience, provides us with
exceptional depth to directly address the core business issues of hospitals
across North America as a premier management consultant and systems integrator".
Headquartered in metro
Seattle, WA., HIA was founded in 1992 and its 50+ employees have more than 200
successful implementations to their credit, as well as a strong record
-
more -
of repeat business that
includes 16 active engagements. HIA's business is profitable and InfoLogix
expects the transaction to be accretive to 2007 earnings.
Mary Ann Bartley, HIA
founder and Executive Vice President, will be joining InfoLogix as Executive
Vice President of Healthcare Consulting Services. Mary Ann Bartley has 30 years'
experience in clinical and business systems, including 12 years as Director of
Clinical Systems for a 600 bed teaching hospital. Gerry Bartley, President and
CEO of HIA, will be joining InfoLogix as Executive Vice President and Managing
Director of Healthcare Consulting Services. A 30-year veteran of the healthcare
industry, Mr. Bartley has served in senior management positions on all sides of
healthcare delivery, including CIO of two major medical centers.
"We are very excited to
be joining InfoLogix and see great synergies between our companies because of
our outstanding consultants, our mutual premier clients and InfoLogix's cutting
edge solutions for the healthcare market", said Mary Ann Bartley.
"I look forward to
working with David and the rest of the InfoLogix senior management team and
prestigious board, as we look to empower healthcare providers and patients with
better information through the advent of better technology, systems and
processes. Our products and services are very complementary, and are focused on
improving health care delivery, patient safety and the availability of secure
and accurate patient information", stated Gerry Bartley.
"I am honored to make HIA
part of the InfoLogix enterprise and bring two accomplished entrepreneurs on
board as senior executives as we seek to enable the digital hospital of the
future", said Gulian.
About InfoLogix, Inc.
InfoLogix is a leading provider of technology and RFID
based intelligence solutions that enable the mobile enterprise. InfoLogix uses
the industry's most advanced technologies to increase the efficiency, accuracy,
and transparency of complex business and clinical processes for the healthcare
industry and the commercial marketplace. With 19 issued patents, InfoLogix
provides mobile managed solutions, on-demand software applications, mobile infrastructure
products, and strategic consulting services to over 2,000 clients in North
America including Adventist Health, Universal Health Services, Stanford School
of Medicine, Kraft Foods, Merck and Company, General Electric, News America
Corporation and Mercedes Benz. Founded in 2001 and headquartered in suburban
Philadelphia, PA, InfoLogix has been named the sixth fastest growing new
business in the United States for the last three years by Entrepreneur
Magazine. InfoLogix is a publicly-traded company (NASDAQ: IFLG). For more
information, visit www.infologixsys.com.
About Healthcare Informatics
Associates, Inc.
Healthcare Informatics
Associates, Inc (HIA) is a Management and Systems Consulting Company dedicated
to the Healthcare Industry. Organized and incorporated in 1992, HIA has
established an enviable track record of helping clients be significantly more
2
successful in the use of
their information systems. HIA employs highly skilled senior consultants, most
with over 20 years of combined experience in consulting, information systems,
and clinical healthcare disciplines. Each consultant has been actively
involved in multiple clinical, administrative, technical and revenue cycle
system implementations. Only experienced, highly skilled consultants are
assigned to clients. HIA is headquartered in Bainbridge Island,
Washington. For more information, visit www.hia-inc.com
Safe Harbor Statement
This press release
contains forward looking statements that are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995 and that
represent our expectations or beliefs about future events and financial
performance. Forward-looking statements are identifiable by words such as
"believe", "anticipate", "expect", "intend", "plan", "will", "may" and other
similar expressions. In addition, any statements that refer to
expectations, projections or other characterizations of future events or
circumstances are forward-looking statements. Forward-looking statements
are subject to known and unknown risks and uncertainties, including those
described in our Annual Report on Form 10-K for the year ended December 31,
2006 and other filings we make with the Securities and Exchange
Commission. Actual results could differ materially from those suggested
by the forward-looking statements. We do not make any commitment to revise or
update any forward-looking statements to reflect new information events or
circumstances occurring or existing after the date of any forward-looking
statement is made.
Contact:
Jay Roberts
Chief Financial Officer
InfoLogix, Inc.
215-604-0691 x1102
Jason Fradin
Director of Marketing
InfoLogix, Inc.
215-604-0691 x1194
Investor Relations:
Thomas P. Walsh
Alliance Advisors, LLC
212-398-3486
3

text: InfoLogix

text: Healthcare Informatics Associates Inc.

text: InfoLogix

text: InfoLogix, Inc.

text:
Healthcare
Informatics Associates, Inc.

text: InfoLogix

text: InfoLogix

text: InfoLogix

text: David Gulian

text: InfoLogix

text: InfoLogix

text: InfoLogix

text: InfoLogix

text: Gerry Bartley

text: InfoLogix

text: InfoLogix

text: InfoLogix

text: InfoLogix

text: Gerry Bartley

text: InfoLogix

text: InfoLogix, Inc.

text: InfoLogix

text: InfoLogix

text: InfoLogix

text: InfoLogix

text: InfoLogix

text:
Healthcare Informatics
Associates, Inc.

text: Jay Roberts

text: InfoLogix, Inc.

text: Jason Fradin

text: InfoLogix, Inc.


text:
EX-99.1
3
ex99-1.htm
EX-99.1
ex99-1.htm
Exhibit 99.1
Asure Software Acquires FotoPunch
Strategic acquisition of mobile technology partner supports Asure's vision to support the convergence of workforce and workspace
AUSTIN, Texas (July 8, 2014) - Asure Software
(Nasdaq: ASUR), a leading provider of workplace management software solutions
,
today announced that it has acquired FotoPunch, a cloud-based time and labor management (TLM) provider who offers cutting edge software and collection devices.
Asure has been working with FotoPunch since 2012 and has introduced solutions that allow Asure Software to offer a full complement of best-in-class
workforce management solutions
all delivered via the Cloud. These workforce solutions are uniquely designed to support BYOD initiatives and mobile capabilities and to help executives, managers and employees better manage the rapidly increasing number of growing alternative work arrangements (such as agile workers, telecommuters, mobile workers and more) with mobile technologies that are already in use on a daily basis. The end result is better data around time & labor management, more efficient workflows, improved cost savings through accurate time collection, and no disruption to the workday.
The AsureForce®
GeoPunch
™ solution is powered by FotoPunch and offers photo-based time clock technology that transforms any cell phone (smart phone, dumbphone or flip phone) into a biometric, geo-located time clock. Additionally, AsureForce® AirClocks™ bring clients wall-mounted panels that use state-of-the art facial recognition biometrics technology to ensure accurate recording of employee time from any room, anywhere. Because the devices are cloud-based, clients simply connect the device to the Internet and power up.
"This acquisition supports Asure's vision to deliver global, innovative, SaaS-based workplace technologies that bring people and space together", said
Pat Goepel
, Asure Software CEO. "With FotoPunch as part of our product portfolio, we are the only company in the world to bring clients the ability to track and measure when and where their employees are working simultaneously via SaaS-based, mobile solutions".
"The mobile workforce market represents a tremendous opportunity and this acquisition positions Asure to serve the market in a unique and highly differentiated capacity", said
Steven Rodriguez
, Asure's COO. "According to Forrester's 2013 Mobile Workforce Adoption Trends, approximately 10 percent of the $6.1 billion time and labor management technology market is spent on mobile workers. Almost two thirds of all organizations are implementing mobile workforce programs and the demand for mobile workforce solutions is growing by 23 percent".
Tom Loveland, FotoPunch founder and CEO, will join Asure's executive team to help drive market and technology innovation.
About Asure Software
Asure Software, Inc.
(Nasdaq: ASUR) headquartered in Austin, offers cloud-based time and labor management and workspace management solutions that help clients bring space and time together. Asure serves approximately 6,000 clients worldwide and currently offers two main product lines:
AsureSpace™
workplace management solutions enable organizations to maximize the ROI of their real estate, and
AsureForce®
time and labor management solutions deliver efficient management of human resource and payroll processes. For more information, please visit
www.asuresoftware.com
.
###
Cautionary Note Regarding Forward Looking Statements
This release may contain forward-looking statements that involve risks and uncertainties. Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Please refer to Asure Software's filings with the Securities and Exchange Commission (SEC) for more information on the risk factors that could cause actual results to differ. Copies of Asure Software's filing are available from the SEC, may be found on Asure Software's website, or may be obtained upon request from Asure Software.
Contact:
Jennifer Roth, Vice President of Marketing
Asure Software
612-743-6231
jroth@asuresoftware.com

text: Asure Software

text: FotoPunch

text: Asure

text: Asure Software

text: FotoPunch

text: Asure

text: FotoPunch

text: Asure Software

text: FotoPunch

text: Asure

text: Asure Software

text: FotoPunch

text: Asure

text: Asure

text: FotoPunch

text: Asure

text: Asure Software

text: Asure Software

text: Asure

text: Asure Software

text: Asure Software

text: Asure Software

text: Asure Software

text: Jennifer Roth

text: Asure Software


text:
EX-99.1
2
ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
For
Immediate Release
Release
No. 05-007
INDUSTRIAL
DISTRIBUTION GROUP, INC.
(NASDAQ:
IDGR)
For
Additional Information, Contact:
Jack
P. Healey
Senior
Vice President and
Chief
Financial Officer
Industrial
Distribution Group, Inc.
(404)
949-2010
www.idglink.com
INDUSTRIAL
DISTRIBUTION GROUP, INC. ANNOUNCES SALE OF
CARDINAL
MACHINERY BUSINESS UNIT
ATLANTA,
GEORGIA, September 16, 2005
-
Industrial Distribution Group, Inc. (NASDAQ: IDGR) today announced the sale
of
its Cardinal Machinery business unit to the existing local management team
of
that entity. Under terms of the agreement, the management team of Cardinal
Machinery assumed full ownership of all facilities and debt and substantially
all other liabilities, effective September 16, 2005.
The
sale
of Cardinal Machinery unlocks value for Industrial Distribution Group
shareholders because the business unit no longer matched with the core business
and strategic direction of the Company. With 2004 revenues of approximately
$10
million out of the Company's total revenues of $529.2 million for the same
period, Cardinal Machinery did not meet the strategic objectives set by senior
management of Industrial Distribution Group. The sale allows Industrial
Distribution Group to focus on core competencies exclusively, while allowing
the
management team of Cardinal Machinery to do the same.
Industrial
Distribution Group has been transforming the industrial supply marketplace
by
converting a commodity distribution business into a value-added product and
services company that helps U.S. manufacturers produce goods faster, with less
expense and with higher quality. Since pioneering a product/service model,
Industrial Distribution Group has generated nearly half of its revenue from
its
value-added services. The sale of Cardinal Machinery allows Industrial
Distribution Group to further drive its vision of value-added manufacturing
products and services.
Cardinal
Machinery offers a complete line of metal-working and fabrication equipment,
as
well as tooling services and a full line of accessories to help its customers
achieve their production goals. Cardinal's operation will remain in its Memphis,
Tennessee location.
About
IDG
Industrial
Distribution Group, Inc. (NASDAQ: IDGR) is a nationwide products and services
company that creates a competitive advantage for customers. The Company provides
outsourced maintenance,
repair, operating and production (MROP) procurement, management and
IDG/2
application
expertise through an
array
of value-added services and other arrangements that include its Flexible
Procurement Solutions™ (FPS) service offerings as well as direct general MROP
sales through traditional distribution channels. The Company's FPS service
offerings emphasize and utilize IDG's specialized knowledge in product
applications and process improvements to deliver out-sourced solutions and
documented cost savings for customers. Through these arrangements, IDG
distributes
a full line of MROP products, specializing in cutting tools, abrasives, hand
and
power tools, coolants, lubricants, adhesives and machine tools, and IDG can
supply at a competitive price virtually any other MROP product that its
customers may require.
IDG
has
four operating divisions organized into regional responsibility areas. IDG
serves over 20,000 active customers representing a diverse group of large and
mid-sized national and international corporations including Honeywell
International, Inc., The Boeing Company, Arvin Meritor, Borg-Warner Inc.,
Pentair, Inc., as well as many local and regional businesses. The company
currently has a presence in 43 of the top 75 manufacturing markets in the United
States.
Flexible
Procurement Solutions™
IDG's
Flexible Procurement Solutions™ (FPS) offer customers an answer for the entire
supply chain management process for MROP materials. IDG recognizes that managing
MROP materials is a costly, time-consuming function for the industrial
marketplace. FPS services merge state-of-the-art technology with the expertise
of IDG personnel to deliver supply chain management services. In a fully
integrated supply relationship, IDG associates work directly on-site at a
customer's location to provide documented cost savings from product application
innovations, continuous process improvements, more effective management of
inventory, and many other areas, all focused on reducing customer costs. Best
of
all, these cost savings are quantified and documented and most go directly
to
the customer's bottom line.
Safe
Harbor
In
addition to the historical information contained herein, certain matters set
forth in this news release are forward-looking statements, including but not
limited to statements relating to expected operating results. Industrial
Distribution Group, Inc. warns that caution should be taken in relying upon
any
forward-looking statements in this release, as they involve a number of known
and unknown risks, uncertainties, and other factors including heightened
national security risks including acts of terrorism and potential for war,
that
may cause actual results, performance, or achievements of Industrial
Distribution Group, Inc. to differ materially from any such statements,
including the risks and uncertainties discussed in the company's Forms 10-K,
Forms 10-Q, filed by the Company under the caption "Certain Factors Affecting
Forward Looking Statements", or any 8-K filed or furnished by the company each
of which is incorporated herein by reference.
#
#
#

text:
INDUSTRIAL
DISTRIBUTION GROUP, INC.

text:
Industrial
Distribution Group, Inc.

text:
INDUSTRIAL
DISTRIBUTION GROUP, INC.

text:
CARDINAL
MACHINERY

text: Industrial Distribution Group, Inc.

text: Cardinal Machinery

text:
Cardinal
Machinery

text: Cardinal Machinery

text: Industrial Distribution Group

text: Cardinal Machinery

text: Industrial Distribution Group

text:
Industrial
Distribution Group

text: Cardinal Machinery

text:
Industrial
Distribution Group

text: Industrial Distribution Group

text: Cardinal Machinery

text:
Industrial
Distribution Group

text:
Cardinal
Machinery

text:
Industrial
Distribution Group, Inc.

text:
Industrial
Distribution Group, Inc.

text:
Industrial
Distribution Group, Inc.


text:
EX-99.1
2
e21453_ex99-1.htm
Exhibit 99.1
eBay
Completes Transfer of Classifieds Business to Adevinta
Company receives cash and shares, increases
2021 share repurchase plan
SAN JOSE, Calif., June 25, 2021
- eBay Inc. (Nasdaq:
EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today announced that it has completed the
transfer of its Classifieds business to Adevinta in exchange for $2.5 billion in cash and a 44% equity stake in Adevinta, equivalent to
approximately 540 million shares.
"We are pleased to finalize the deal between Adevinta and
eBay Classifieds, where the combination of these two companies will create a leading global online classifieds business", said Jamie
Iannone, Chief Executive Officer, eBay. "By joining Adevinta, the eBay Classifieds' business has an enormous opportunity ahead.
We are optimistic that the breadth of talent and collective experience across the combined portfolio will offer additional value for our
customers, employees and shareholders".
The completion of this transaction results in after tax net cash
proceeds of approximately $2 billion. With this transfer complete, the Company is updating its capital allocation plans for 2021 by increasing
its estimated share buyback from $2.0 billion to $5.0 billion.
The Company has agreed to reduce its ownership stake in Adevinta
to 33% or less over the next 18 months, as part of remedies it proposed to resolve the competition concerns raised by the Austrian regulatory
authorities. Proceeds from this reduction will be deployed in a manner consistent with eBay's capital allocation tenets and targets.
Please reference the 8-K eBay filed today for further information.
About eBay
eBay Inc. (Nasdaq:
EBAY) is a global commerce leader that connects millions of buyers and sellers in 190 markets around the world. We exist to enable economic
opportunity for individuals, entrepreneurs, businesses and organizations of all sizes. Founded in 1995 in San Jose, California, eBay is
one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. In 2020, eBay enabled $100
billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.
About Adevinta
Adevinta is a global online
classifieds specialist, operating digital marketplaces in 16 countries. The company provides technology-based services to connect buyers
with sellers and to facilitate transactions, from job offers to real estate, cars, consumer goods and more.
Adevinta's portfolio spans
more than 40 digital brands, covering one billion people and attracting approximately three billion average monthly visits. Leading brands
include top-ranked leboncoin in France, Germany's leading classifieds sites
mobile.de
and
eBay Kleinanzeigen, Marktplaats in the Netherlands, Kijiji in Canada, fotocasa and InfoJobs in Spain, and 50% of fast-growing OLX Brasil.
Adevinta spun off from Schibsted ASA and publicly listed in Oslo, Norway in 2019. Adevinta employs 6,300 people committed to supporting
users and customers daily. Find out more at
Adevinta.com
.
Forward Looking Statements
This press release contains forward-looking statements relating
to, among other things, the future performance of eBay Inc. and its consolidated subsidiaries that are based on the company's current
expectations, forecasts and assumptions and involve risks and uncertainties. These statements include, but are not limited to, statements
regarding the potential benefits of the transaction with Adevinta ASA (the "Transaction"), the impact of the Transaction on
future results, the Company's stock buyback activity and plans to reduce the Company's stake in Adevinta. Actual results could
differ materially from those predicted or implied and reported results should not be considered as an indication of future performance.
Other factors that could cause or contribute to such differences include, but are not limited to: changes in political, business and economic
conditions, the duration of the COVID-19 pandemic and the effects of COVID-19 on our business and operations and on the general economy,
including effects on our sellers and customers, any regional or general economic downturn or crisis and any conditions that affect e-commerce
growth or cross-border trade; the company's ability to realize expected growth opportunities in payments intermediation and advertising;
fluctuations in foreign currency exchange rates; the company's need to successfully react to the increasing importance of mobile commerce
and the increasing social aspect of commerce; an increasingly competitive environment for its business; changes to the company's capital
allocation, including the timing, declaration, amount and payment of any future dividends or levels of the company's share repurchases,
or management of operating cash; the company's ability to increase operating efficiency to drive margin improvements and enable reinvestments;
the company's ability to manage its indebtedness, including managing exposure to interest rates and maintaining its credit ratings; the
company's need to manage a large enterprise with a broad range of businesses of varying degrees of maturity and in many different geographies;
the ability to successfully intermediate payments on our marketplace platform; the company's need and ability to manage regulatory, tax,
data security and litigation risks; the company's ability to timely upgrade and develop its technology systems, infrastructure and customer
service capabilities at reasonable cost while maintaining site stability and performance and adding new products and features; the company's
ability to integrate, manage and grow businesses that have been acquired or may be acquired in the future; the possibility that eBay may
not fully realize the projected benefits of the Transaction; and the reaction of customers and other persons to the Transaction.
The forward-looking statements in this release do not include
the potential impact of any acquisitions or divestitures that may be announced and/or completed after the date hereof.
More information about factors that could affect the company's
operating results is included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations" in the company's most recent Annual Report on Form 10-K and subsequent quarterly reports on
Form 10-Q, copies of which may be obtained by visiting the company's Investor Relations website at https://investors.ebayinc.com or the
SEC's website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this press release, which are based
on information available to the company on the date hereof. The company assumes no obligation to update such statements.
For eBay:
Investor Relations Contact:
Joe Billante
ir@ebay.com
Media Relations Contact:
Trina Somera
press@ebay.com
For Adevinta:
Corporate Communications Contact:
Mélodie Laroche
+33 (0) 6 84 30 52 76
melodie.laroche@adevinta.com
Investor Relations Contact:
Marie de Scorbiac / Anne-Sophie Jugean
ir@adevinta.com

text: Classifieds Business

text: Adevinta

text: eBay Inc.

text: Classifieds business

text: Adevinta

text: Adevinta

text: Adevinta

text:
Jamie
Iannone

text: Adevinta

text: Adevinta

text: eBay Inc.

text: Adevinta

text: Adevinta

text: Adevinta

text: Adevinta

text: Adevinta

text: eBay Inc.

text: Adevinta

text: Adevinta

text: Adevinta


text:
EX-99.1
3
ex991pressrelease040318.htm
EXHIBIT 99.1
Exhibit
USA Compression Partners and Energy Transfer Complete
Previously Announced Transactions
Austin and Dallas, Texas, April 2, 2018 - USA Compression Partners, LP (NYSE: USAC) ("USAC"), Energy Transfer Partners, L.P. (NYSE: ETP) ("ETP") and Energy Transfer Equity, L.P. (NYSE: ETE) ("ETE") today announced that USAC has (i) completed its previously announced acquisition of the CDM compression business ("CDM") from ETP, in exchange for $1.232 billion in cash (including customary closing adjustments), approximately 19.2 million USAC common units and approximately 6.4 million USAC Class B units, and (ii) cancelled its incentive distribution rights and converted its economic general partner interest into a non-economic general partner interest, in exchange for the issuance to its general partner of 8.0 million USAC common units. The USAC Class B units issued to ETP will not pay quarterly cash distributions for the first four quarters following closing and will convert into USAC common units on a one-for-one basis after such time. USAC funded the cash consideration for the transaction with proceeds from the issuance in private placements of preferred units and senior notes, and borrowings under its revolving credit facility.
In addition to the above transactions, ETE completed its acquisition of USAC's general partner and approximately 12.5 million USAC common units from USA Compression Holdings, LLC in exchange for $250 million in cash.
CDM currently owns and operates approximately 1.6 million horsepower of natural gas compression and is focused primarily on large horsepower applications. The acquisition of CDM is expected to provide significant benefits for USAC unitholders as the combined business will have increased geographic coverage and will be one of the leading domestic compression providers. The acquisition further expands USAC's geographic presence into regions where USAC was previously underrepresented and results in USAC having broad coverage across U.S. regions. As part of its overall service offerings, CDM also provides a full range of gas treating and emissions testing services. CDM's treating activities are complementary to USAC's growing station services offerings, in which USAC provides turnkey gas handling solutions for customers. With over 70% of horsepower greater than 1,000 horsepower and an average unit size of approximately 700 horsepower, the CDM fleet has an average age of approximately 7 years and a current operating utilization rate of over 90%. On a pro forma combined basis, USAC owns and operates a compression fleet of approximately 3.4 million horsepower.
The transaction is expected to strengthen ETP's balance sheet by allowing ETP to use the cash proceeds from the transactions to reduce leverage.
ABOUT THE PARTNERSHIPS
USA Compression Partners, LP (NYSE: USAC) is a growth-oriented Delaware limited partnership that is one of the nation's largest independent providers of compression services in terms of total compression unit horsepower. USAC partners with a broad customer base composed of producers, processors, gatherers and transporters of natural gas. USAC focuses on providing compression services to infrastructure applications primarily in high volume gathering systems, processing facilities and transportation applications. More information is available at www.usacompression.com.
Energy Transfer Equity, L.P. (NYSE: ETE) is a master limited partnership that owns the general partner and 100% of the incentive distribution rights (IDRs) of Energy Transfer Partners, L.P. (NYSE: ETP) and Sunoco LP (NYSE: SUN). ETE also owns Lake Charles LNG Company. On a consolidated basis, ETE's family of companies owns and operates a diverse portfolio of natural gas, natural gas liquids, crude oil and refined products assets, as well as retail and wholesale motor fuel operations and LNG terminalling. For more information, visit the Energy Transfer Equity, L.P. website at www.energytransfer.com.
Energy Transfer Partners, L.P. (NYSE: ETP) is a master limited partnership that owns and operates one of the largest and most diversified portfolios of energy assets in the United States. Strategically positioned in all of the major U.S. production basins, ETP owns and operates a geographically diverse portfolio of complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and
terminalling assets; NGL fractionation assets; and various acquisition and marketing assets. ETP's general partner is owned by Energy Transfer Equity, L.P. (NYSE: ETE). For more information, visit the Energy Transfer Partners, L.P. website at www.energytransfer.com.
FORWARD-LOOKING STATEMENTS
This press release includes "forward-looking" statements. Forward-looking statements are identified as any statement that does not relate strictly to historical or current facts. Statements using words such as "anticipate", "believe", "intend", "project", "plan", "expect", "continue", "estimate", "goal", "forecast", "may" or similar expressions help identify forward-looking statements. ETE, ETP and USAC cannot give any assurance that expectations and projections about future events will prove to be correct. Forward-looking statements are subject to a variety of risks, uncertainties and assumptions. These risks and uncertainties include the risks that the benefits contemplated by the transactions may not be realized. Additional risks include: the potential impact of the consummation of the transactions on relationships, including with employees, suppliers, customers, competitors and credit rating agencies, the ability to achieve revenue, DCF and EBITDA growth, and volatility in the price of oil, natural gas, and natural gas liquids. Actual results and outcomes may differ materially from those expressed in such forward-looking statements. These and other risks and uncertainties are discussed in more detail in filings made by ETE, ETP and USAC with the Securities and Exchange Commission, which are available to the public. ETE, ETP and USAC undertake no obligation to update publicly or to revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The information contained in this press release is available at www.energytransfer.com and www.usacompression.com.
USAC Investor Contact:
Matt Liuzzi
Chief Financial Officer
(512) 369-1624
mliuzzi@usacompression.com
Energy Transfer Contacts:
Investor Relations:
Helen Ryoo
Lyndsay Hannah
Brent Ratliff
(214) 981-0795
Media Relations:
Vicki Granado
(214) 840-5820

text: USAC

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text:
EX-99.1
3
ex99-1.txt
PRESS RELEASE
EXHIBIT 99.1
NewMarket
Technology Inc.
Contact: Investor Relations
Tel: 404 261 1196
Email: ir@newmarkettechnology.com
Press Release
NewMarket Technology, Inc. and Intercell International Corporation Announce
Reorganization Plan to Build $20 Million in Annual Revenue From China for 2006
NewMarket Subsidiary NewMarket China to Execute Share Exchange with Intercell
DALLAS--(BUSINESS WIRE) August 7, 2006 - NewMarket Technology, Inc. (OTCBB:NMKT)
and Intercell International Corporation (OTCBB:IICPQ) today announced a joint
reorganization plan. The agreement and plan of reorganization between the two
companies has been structured to support the ongoing development of NewMarket's
existing operations in China. NewMarket initiated operations in China early in
2005 and has previously announced $20 million in projected annual revenue from
its China operations in 2006. According to the agreement and plan of
reorganization, all of the issued and outstanding stock of NewMarket's
subsidiary, NewMarket China, will be exchanged for one hundred percent of a
preferred stock to be issued by Intercell International. The preferred stock
will include shareholder voting rights that represent a majority of the overall
Intercell shareholder voting rights. As a result of the agreement and plan of
reorganization, NewMarket China will become a wholly owned subsidiary of
Intercell and NewMarket Technology will in turn become the controlling
shareholder of Intercell. Intercell has had limited operations over the past
twelve months. Prior to that period of time Intercell, through a subsidiary, had
unsuccessfully attempted to build a business in the wireless industry. Intercell
had filed for protection under Chapter 11 of the U.S. Bankruptcy Code as a first
step to reorganize the Company and subsequently pursue a new business strategy.
In April 2006, the bankruptcy proceedings were dismissed. The Intercell and
NewMarket China financial statements will be filed in a SEC Form 8K disclosure
promptly following the final execution and closing of all terms in the agreement
and plan of reorganization.
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket has combined a traditional systems integration and support services
capacity with a specialized asset-based approach to assisting its clients with
the delicate balance between maintaining legacy systems and gaining a
competitive edge from the latest technology innovations. NewMarket provides
certified integration and maintenance services to support the prevailing
industry standard solutions. Concurrently, NewMarket continuously seeks to
acquire undiscovered emerging technology assets to incorporate into an overall
product portfolio carefully packaged to complement the prevailing industry
standard solutions. NewMarket ranked Number 13 on the 2005 Deloitte Technology
Fast 500, a ranking of the 500 fastest growing technology companies in North
America. The Company has achieved three years of rapid, profitable growth from
$2.3 million in revenue in 2003 to over $50 million in 2005.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995
This press release contains forward-looking statements that involve risks and
uncertainties. The statements in this release are forward-looking statements
that are made pursuant to safe harbor provision of the Private Securities
Litigation Reform Act of 1995. Actual results, events and performance could vary
materially from those contemplated by these forward-looking statements. These
statements involve known and unknown risks and uncertainties, which may cause
NewMarket's actual results in future periods to differ materially from results
expressed or implied by forward-looking statements. These risks and
uncertainties include, among other things, product demand and market
competition. You should independently investigate and fully understand all risks
before making investment decisions.
Contact:
NewMarket Technology, Inc.
Rick Lutz, Investor Relations, 404-261-1196
ir@newmarkettechnology.com
www.newmarkettechnology.com

text: NewMarket Technology, Inc.

text: Intercell International Corporation

text: NewMarket Technology, Inc.

text: Intercell International Corporation

text: NewMarket Technology, Inc.


text:
EX-99.1
2
press_releasex-xsunbeltx6x.htm
PRESS RELEASE DATED OCTOBER 1, 2014
Press_Release_-_Sunbelt_6_Acquisition
Preferred Apartment Communities, Inc. Announces Acquisition of Six Grocery-Anchored Necessity Retail Shopping Centers
Atlanta, GA, October 1, 2014
Preferred Apartment Communities, Inc. (NYSE MKT: APTS) ("PAC" or the "Company") today announced its acquisition on September 30, 2014 of six grocery-anchored necessity retail shopping centers with an aggregate of approximately 438,000 rentable square feet in the Orlando and Tampa, FL, Atlanta and Columbus, GA, Charleston, SC, and Houston, TX areas for an aggregate purchase price of approximately $74.2 million, exclusive of acquisition- and financing-related transaction costs. The Company transferred its right to purchase the seventh shopping center in the portfolio, located in Miami, Florida, to Publix. "The addition of these six assets to our current portfolio broadens the base of our retail platform. We believe these centers have great economic and strategic value for the Company", said Leonard A. Silverstein, PAC's President and Chief Operating Officer.
PAC acquired these assets through its wholly-owned subsidiary New Market Properties, LLC. Joel T. Murphy, President and Chief Executive Officer of New Market Properties, LLC, said "We believe these six shopping centers are in areas with strong economic fundamentals and have solid anchor tenants, and feel these acquisitions will be accretive to our stockholders in both the short and long term." These acquisitions were financed utilizing separate first mortgage loans for each property from Forethought Life Insurance Company and Transamerica Financial Life Insurance Company for an aggregate amount of approximately $47.0 million in addition to available funds. Each first mortgage loan has a maturity date of October 1, 2019, has a fixed interest rate of either 3.48% or 3.58% per annum, and amortizes based on a 30-year amortization.
About Preferred Apartment Communities, Inc.
Preferred Apartment Communities, Inc. is a Maryland corporation formed primarily to acquire and operate multifamily properties in select targeted markets throughout the United States. As part of our business strategy, we may enter into forward purchase contracts or purchase options for to-be-built multifamily communities and we may make mezzanine loans, provide deposit arrangements, or provide performance assurances, as may be necessary or appropriate, in connection with the development of multifamily communities and other properties. As a secondary strategy, we also may acquire or originate senior mortgage loans, subordinate loans or mezzanine debt secured by interests in multifamily properties, membership or partnership interests in multifamily properties and other multifamily related assets and invest not more than 20% of our assets in other real estate related investments, as determined by our manager as appropriate for us. Preferred Apartment Communities, Inc. has elected to be taxed as a real estate investment trust under the Internal Revenue Code of 1986, as amended, commencing with its tax year ended December 31, 2011.
Forward-Looking Statements
This press release may contain 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. As a general matter, forward-looking statements reflect our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future
performance and business. These statements may be identified by the use of forward-looking terminology such as "may", "will", "expects", "should", "plans", "estimates", "anticipates", "projects", "intends", "believes", "outlook" and similar expressions.
The forward-looking statements contained in this press release are based upon our historical performance, current plans, estimates, expectations and other factors we believe are appropriate under the circumstances. The inclusion of this forward-looking information is inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ materially from the results discussed in the forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: our business and investment strategy; our projected operating results; estimates relating to our ability to make distributions to our stockholders in the future; availability of qualified personnel; local and national market conditions and trends in our industry; demand for and lease-up of apartment homes, supply of competitive housing product, and other economic conditions; availability of debt and/or equity financing and availability on favorable terms; changes in our asset values; our ability to maintain our qualification as a REIT for U.S. federal income tax purposes; and economic trends and economic recoveries.
Additional discussions of risks, uncertainties and certain other important information appear in our publicly available filings made and to be made with the SEC, our Annual Report on Form 10-K for the year ended December 31, 2013 filed with the SEC on March 17, 2014 and our Quarterly Reports on Form 10-Q filed with the SEC on May 12, 2014 and August 11, 2014, all under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations." All information in this release is as of the morning of October 1, 2014. The Company does not undertake a duty to update forward-looking statements, including its projected operating results. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company may, in its discretion, provide information in future public announcements regarding its outlook that may be of interest to the investment community.
Additional Information
The SEC has declared effective the registration statement (including prospectus) filed by the Company for each of the offerings to which this communication may relate. Before you invest, you should read the final prospectus, and any prospectus supplements, forming a part of the registration statement and other documents the Company has filed with the SEC for more complete information about the Company and the offering to which this communication may relate. In particular, you should carefully read the risk factors described in the final prospectus and in any related prospectus supplement and in the documents incorporated by reference in the final prospectus and any related prospectus supplement to which this communication may relate. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Company or its dealer manager, International Assets Advisory, LLC, with respect to the Follow-On Offering, or its sales agent, MLV, with respect to the ATM Offering, will arrange to send you a prospectus if you request it by calling Leonard A. Silverstein at (770) 818-4100, 3625 Cumberland Boulevard, Suite 1150, Atlanta, Georgia 30339.
The final prospectus for the Follow-On Offering, dated October 11, 2013, can be accessed through the following link:
http://www.sec.gov/Archives/edgar/data/1481832/000148183213000128/a424b3prospectus900m.htm
The final prospectus and prospectus supplement for the ATM Offering, dated July 19, 2013 and February 28, 2014, respectively, can be accessed through the following link:
http://www.sec.gov/Archives/edgar/data/1481832/000148183214000015/prospectussupplementatm-20.htm
SOURCE: Preferred Apartment Communities, Inc.
Preferred Apartment Communities, Inc.
Leonard A. Silverstein 770-818-4147
President and Chief Operating Officer
Email: lsilverstein@pacapts.com

text: Preferred Apartment Communities, Inc.

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text:
EX-99
59
v031470_ex99.htm
EXHIBIT
99
Las
Vegas Resorts Corporation
Winner
Group Limited
Winner
Industrial Park, Bulong Road
Longhua,
Shenzhen City, 518109
People's
Republic of China
NEWS
RELEASE
WINNER
GROUP LIMITED UTILIZES APO
sm
SERVICE TO GO PUBLIC
AND COMPLETE $12 MILLION PRIVATE FINANCING
Shenzhen,
China, December 19, 2005 - Las
Vegas
Resorts Corporation (OTCBB: LVGC.OB) announced today the closing of a going
public transaction. The transaction involved a stock exchange with Winner
Group
Limited, a Cayman Islands company ("Winner"). The companies will operate on a
consolidated basis, executing upon the current business plan of Winner's
subsidiary companies located in the People's Republic of China ("PRC").
Immediately preceding the consummation of the exchange transaction, Winner
closed a private placement of its capital stock whereby it received $10.4
million in gross offering proceeds. Pinnacle China Fund, L.P. of Plano, Texas
was the lead investor in the Winner private placement.
As
a
result of the share exchange transaction, Winner's stockholders, including
participants in its private offering, were issued 42,280,840 shares of Las
Vegas
Resorts' common stock. As a result of the exchange transaction, Mr. Jianquan Li
was appointed to the Board of Directors of Las Vegas Resorts, senior management
of Winner was elected as executive officers of Las Vegas Resorts, and the
company's sole executive resigned. Immediately after the exchange transaction
was consummated, Las Vegas Resorts effected an offshore private placement
of
793,260 shares of its common stock to certain employees and suppliers of
Winner
and its subsidiaries, which resulted in $1.6 million in gross proceeds. Las
Vegas Resorts' shares are listed on the Over-the-Counter (OTC) Bulletin Board
under the symbol, LVGC.OB.
Winner's
business consists of research and development, manufacturing and marketing
of
medical dressings and medical disposables. Its product offerings include
surgical
dressings, dressing packs, wound care dressings, protective products, medical
instruments, dental products, hygiene products and home care
products.
Winner
is
a leading Chinese exporter of medical dressings and medical disposables.
In
fiscal year 2005, approximately 90% of Winner's products were exported and it
accounted for approximately10% of the total exports from China of these
products. Winner's products have been sold in approximately 80 countries,
including, Japan, Germany, U.S., Italy, Holland, France, South America, China,
Africa and the Middle East. Certain of Winner's products are registered with the
FDA, which gives it the ability to directly export such products to the United
States.
For
the
fiscal year ended September 30, 2005, Winner Group Limited reported consolidated
net sales of approximately $58.4 million and consolidated net income of
approximately $7.9million.
Mr.
Jianquan Li, the new Chief Executive Officer of Las Vegas Resorts, stated,
"We
want to thank our financial advisor, Halter Financial Group, for facilitating
our efforts in connection with our private financing and the going public
transaction. These transactions have given us access to the US capital markets,
with the hope of capitalizing on available growth opportunities".
APOsm
is
a
service mark of Halter Financial Group, Inc. ("HFG"). HFG's APO services allow
privately held corporations to go public via the reverse merger process and
simultaneously complete a private capital raising transaction.
FORWARD
LOOKING STATEMENTS
This
release contains certain "forward-looking statements" relating to the business
of Las Vegas Resorts Corporation and its subsidiary companies, which can
be
identified by the use of forward-looking terminology such as "believes, expects"
or similar expressions. Such forward looking statements involve known and
unknown risks and uncertainties, including all business uncertainties relating
to product development, marketing, regulatory actions or delays, the ability
to
obtain or maintain intellectual property protection, market acceptance, third
party reimbursement, future capital requirements, competition in general
and
other factors that may cause actual results to be materially different from
those described herein as anticipated, believed, estimated or expected. Certain
of these risks and uncertainties are or will be described in greater detail
in
our filings with the Securities and Exchange Commission. Las Vegas Resorts
Corporations is under no obligation to (and expressly disclaims any such
obligation to) update or alter its forward-looking statements whether as
a
result of new information, future events or otherwise.

text: Jianquan Li

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EX-99.1
2
ex9918-3x2015closing.htm
EXHIBIT 99.1
Ex99.1.8-3-2015 closing
EXHIBIT 99.1
NEWS RELEASE
MICROCHIP CONTACT:
J. Eric Bjornholt - CFO(480) 792-7804
MICREL INVESTORS CONTACT:
Dan Burch ……………(212) 929-5748
Larry Dennedy (212) 929-5239
MICROCHIP TECHNOLOGY AND MICREL ANNOUNCE THE COMPLETION OF THE ACQUISITION OF MICREL
BY MICROCHIP TECHNOLOGY
Expands Microchip's solutions for Industrial, Automotive and Communications Markets
Chandler, Arizona and San Jose, California - August 3, 2015 - Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, and Micrel, Incorporated (NASDAQ: MCRL) today announced that Microchip has completed its previously announced acquisition of Micrel. Shareholders of Micrel overwhelmingly approved the merger with 98.95% of the Micrel shares that voted in favor of the merger. As a result of the completion of the transaction, trading in Micrel common stock on the NASDAQ Stock Market will cease today.
"We are very pleased to have completed our acquisition of Micrel", said Steve Sanghi, President and CEO. "I welcome the Micrel employees into the Microchip family and look forward to building a combined organization that will bring the capabilities of both organizations to bear in the marketplace".
Under the terms of the merger agreement, Micrel shareholders were able to elect to receive the $14.00 per share purchase price in either cash or shares of Microchip common stock. Based on the results of the shareholder elections, Microchip will pay an aggregate of approximately $430 million in cash and issue an aggregate of 8,626,795 shares of its common stock to Micrel shareholders. The number of shares of Microchip common stock that a Micrel shareholder will receive is based on a conversion ratio of $14.00 divided by the average of the Microchip closing stock price for the ten most recent trading days ending on the second to last trading day prior to August 3, 2015, which is $ 42.888 per share.
Forward Looking Statements
The statements in this release relating to building a combined organization that will bring the capabilities of both organizations to bear in the marketplace are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking
Microchip Technology and Micrel
Announce Completion of Acquisition
Page 2
statements are subject to a number of business, economic, legal and other risks that are inherently uncertain and difficult to predict, including, but not limited to: changes in demand or market acceptance of the products of Microchip and Micrel and the products of their respective customers; competitive developments; the costs and outcome of any current or future litigation involving Microchip, Micrel or the acquisition transaction; the effect of the acquisition on Microchip's and Micrel's existing relationships with customers and vendors and their operating results and businesses; the progress and costs of development of Microchip and Micrel products and the timing and market acceptance of those new products; Microchip's ability to successfully integrate Micrel's operations and employees and retain key employees and otherwise realize the expected synergies and benefits of the transaction; and general economic, industry or political conditions in the United States or internationally. For a detailed discussion of these and other risk factors, please refer to the SEC filings of Microchip and Micrel including those on Forms 10-K and 10-Q. You can obtain copies of Forms 10-K and 10-Q and other relevant documents for free at Microchip's website (www.microchip.com), at Micrel's website (www.micrel.com) (as applicable) or the SEC's website (www.sec.gov) or from commercial document retrieval services.
Stockholders of Microchip and Micrel are cautioned not to place undue reliance on the forward-looking statements in this press release, which speak only as of the date such statements are made. Neither Microchip nor Micrel undertakes any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this August 3, 2015 press release, or to reflect the occurrence of unanticipated events.
About Microchip Technology
Microchip Technology Inc. (NASDAQ: MCHP) is a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.
About Micrel
Micrel, Inc. is a leading global manufacturer of IC solutions for the worldwide analog, Ethernet and high-bandwidth markets. Micrel's products include advanced mixed-signal, analog and power semiconductors, high-performance communication, clock management, MEMS-based clock oscillators and crystal-less clock generators, Ethernet switch and physical layer transceiver ICs. Micrel's headquarters are located
Microchip Technology and Micrel
Announce Completion of Acquisition
Page 3
in San Jose, California, with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. For more information, visit the Micrel website at www.micrel.com.

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text:
EX-99.1
3
d662097dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
Coupa Acquires Leading Third-Party Risk Management Provider Hiperos
Acquisition extends the company's leadership in business spend management, empowering
businesses to further protect their brand and bottom line
SAN MATEO, Calif., December 10, 2018 -
Coupa Software (NASDAQ: COUP), a leader in business spend management (BSM), announced today that it
acquired Hiperos, a leading third-party risk management provider and division of Opus. The acquisition enables businesses with the advanced technology they need to extensively evaluate the risk of their full supplier base to further protect their
brand and bottom line.
"Third-party risk and compliance is a growing threat as global supply chains expand, regulatory requirements grow, and cyber
crimes increase, and until now, businesses have relied on point solutions to manage these risks,"
said Rob Bernshteyn, chief executive officer at Coupa
. "As an integral part of the Coupa BSM Platform, Hiperos's advanced
third-party risk management offering enables enterprises to extensively evaluate the risk of their supplier base and shift spend to optimal suppliers. I am excited to welcome the Hiperos team to Coupa and look forward to furthering our mission to
empower businesses to spend smarter".
Based in Branchburg, New Jersey, Hiperos's cloud application enables businesses to actively manage
third-party risk and compliance, including advanced risks such as information security, bribery and corruption, and demanding new data privacy regulations like the General Data Protection Regulation (GDPR). As part of the Coupa BSM Platform and
marketed as Coupa Risk Assess, Hiperos enables companies to:
.
Assess supplier relationships from the beginning (prior to contract) as well as the breadth and depth of work
each supplier does with the company
.
Identify risk throughout the supply chain by gathering comprehensive information on suppliers' suppliers
.
Manage risk and compliance with multiple risk domains (e.g. InfoSec, FCPA, GDPR, etc.) and comply with new risk
domains as they emerge.
.
Proactively communicate risk information to decision makers so that spend and risk management decisions can be
made effectively, while managing action plans to
de-risk
the entire supplier relationship
"Third-party data breaches are rising, new regulations are complex, and businesses are working with more third parties than ever,"
said Emanuele
Conti, chief executive officer at Opus
. "We founded our business with the primary goal of providing companies with a comprehensive and market-leading solution to proactively manage third-party risks. We could not be happier to be
joining Coupa and make third-party risk management a core piece of companies' overall business spend management strategy".
"Due to an
increasing number of high profile breaches and the increasing risk of extended services and physical supply chains, third-party risk mitigation and compliance has become a
top priority for large organizations across industries. Using a holistic approach to managing suppliers and spend can shine a proactive light on vulnerabilities, while reducing risk and
protecting brand reputation,"
said Jason Busch, managing director at Spend Matters
. "Coupa's acquisition of Hiperos hits on a critical need in the market - the merging of third-party risk management with broader
business spend management processes. Coupa has an established process for marrying acquired companies with their platform and we expect to see the same operational model deployed for Hiperos's industry-leading integrated risk
management capabilities".
Hiperos has been widely recognized as a leading third-party management provider, including being named a
2018 Provider
to Watch
by Spend Matters, a
Top 20 Most Promising Enterprise Risk Management Solution Provider
by CIO Review, and winner of the
GRC 20/20 Award
for Innovation in User Experience for Third-Party Management.
To learn more about the Coupa BSM Platform, which empowers the world's most successful organizations with the visibility and control they need to manage
all their spend in one place, visit
https://www.coupa.com/
.
About Coupa
Coupa Software is the cloud platform for business spend management (BSM). We deliver "Value as a Service" by helping our customers maximize their
spend under management, achieve significant cost savings, and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of
suppliers globally. The Coupa platform provides greater visibility into and control over how companies spend money. Customers - small, medium, and large - use the Coupa platform to bring billions of dollars in cumulative spend under
management. Learn more at
www.coupa.com
. Read more on the
Coupa
Blog
or follow
@
Coupa
on Twitter
.
About Opus
Opus is a global risk and compliance SaaS and
data solution provider, founded on a simple premise: that faster, better decisions in compliance and risk management give businesses an extraordinary advantage in the marketplace.
Today, the world's most respected global corporations rely on Opus to free their business from the complexity and uncertainty of managing customer,
supplier and third-party risks. By combining the most innovative SaaS platforms with unparalleled data solutions, Opus turns information into action so businesses thrive.
For more information about Opus, please visit
www.opus.com
.
Forward-Looking Statements
This release includes
forward-looking statements. All statements other than statements of historical facts, including the proposed benefits of the acquisition and statements regarding the capabilities of Coupa and Hiperos following the acquisition, are forward-looking
statements. These forward-looking statements are based on Coupa's current expectations and projections about future events and trends that Coupa believes may affect its financial condition, results of operations, strategy, short- and long-term
business operations and objectives, and financial needs.
These forward-looking statements are subject to a number of risks, uncertainties and assumptions that may
cause actual results to differ materially, including difficulties with the integration process or the realization of the benefits of the acquisition. These and other risks and uncertainties that could affect Coupa's future results are included
under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations", in Coupa's most recently filed Form
10-K
or
10-Q
filed with the SEC, which is available at
investors.coupa.com
and on the SEC's website at www.sec.gov. Further information on potential risks that could affect actual results will be included in
other filings Coupa makes with the SEC from time to time.
The forward-looking statements in this release reflect Coupa's expectations as of the date
hereof. Coupa undertakes no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in our expectations.
###

text: Coupa

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text: Hiperos

text: Coupa

text: Coupa

text: Hiperos

text:
Emanuele
Conti

text: Coupa

text: Jason Busch

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