text:
EX-99.1
5
ex99_1.htm
EXHIBIT 99.1
Healthcare
Triangle (HCTI) Acquires DevCool, an Electronic Health Record (EHR) Focused Healthcare IT and Managed Services Company
Acquisition
Expected to Add Approximately $20 Million in Revenues
PLEASANTON,
Calif., December 13, 2021- Healthcare Triangle, Inc. (HCTI), a leading provider of Healthcare and Life Sciences cloud transformation,
managed services and data analytics platform company announced today that it has acquired DevCool, Inc. ("DevCool"), ranked
by Inc. 5000 as among the
fastest growing private companies in USA in 2021.
DevCool
provides EHR Implementation and Managed Services to 6 of the top 10 Hospitals in the USA and specializes in providing services to cancer
research hospitals and university medical centres. The combined entity will focus on accelerating healthcare providers to adopt cloud
technologies in improving clinical, operational, and financial performance. This will open up significant opportunities for HCTI, a premier
partner of AWS, Google Cloud, and Microsoft Azure to upsell its SaaS Platforms like CloudEz, DataEz, and Readabl.AI to the existing client
base of DevCool.
"With
the acquisition of DevCool, Healthcare Triangle will implement technological advancements designed to improve hospitals' provisioning
of patient care, reduce
information technology costs, and enable faster EHR deployments for hospital clients
as part of its strategy to consolidate its leadership position in the healthcare space. This will further allow clients to host their
EHR on public clouds (Amazon Web Services, Google Cloud, and Microsoft Azure) with the HCTI's CloudEz Platform and expertise,"
said Suresh Venkatachari, Chairman and CEO of Healthcare Triangle, Inc.
He
added that "With the acquisition of DevCool, we will add large health systems and Integrated Delivery Networks (IDN) to HCTI's
client portfolio, and we expect it to be accretive to EBITDA".
"We
see the acquisition of DevCool improving patient outcomes by implementing AI and Data driven platforms across medical centers and clinical
facilities.
Healthcare Triangle (HCTI) expects significant
opportunities in cloud transformation services, further growth of data analytics and AI platforms based recurring revenues in the healthcare
domain,
" said Shibu Kizhakevilayil, Head of M&A and Board of Director of Healthcare Triangle
Inc. "We
look forward to working with Sandeep Deokule and the DevCool team in our continued journey to become a top 10 healthcare
IT company in US", said Mr. Kizhakevilayil.
"We
are excited to be part of HCTI, and our goal is to continue helping hospitals innovate and at the same time keep EHR Managed Services
cost lower", said Sandeep Deokule, founder of DevCool. "DevCool along with HCTI will now be able to scale faster, deliver
large scale EHR implementations, and hosting applications on the cloud".
About
Healthcare Triangle, Inc. (HCTI)
Healthcare
Triangle, Inc. based in Pleasanton, Calif., reinforces healthcare progress through breakthrough
technology and extensive industry knowledge and expertise. We support healthcare organizations-including
hospitals and health systems and health plans-as well as pharma and life sciences organizations,
in their efforts to improve health outcomes. Healthcare Triangle enables the rapid adoption
of new technologies, data enlightenment, business agility, and response to immediate business
needs and competitive threats. The highly regulated healthcare and life sciences industries
rely on Healthcare Triangle for expertise in digital transformation encompassing the cloud,
security and compliance, data lifecycle management, healthcare interoperability, and clinical
and business performance optimization. For more information, visit HealthcareTriangle.com.
Visit
www.healthcaretriangle.com for more information.
About
DevCool
Devcool,
Inc., Fastest Growing Company in USA in 2021 (by Inc 5000 Magazine) is a trusted technology and business solutions provider for America's
top healthcare organizations by providing EHR
IT Managed Services. DevCool helps to rethink Healthcare delivery models by combining cutting edge Healthcare IT solutions and EHR Managed
Services. For more information, please visit http://www.devcool.com.

text:
Healthcare
Triangle

text: HCTI

text: DevCool

text: Healthcare Triangle, Inc.

text: HCTI

text: DevCool, Inc.

text: DevCool

text: DevCool

text: HCTI

text: DevCool

text: DevCool

text: Healthcare Triangle

text: HCTI

text: Suresh Venkatachari

text: Healthcare Triangle, Inc.

text: DevCool

text: HCTI

text: DevCool

text: Healthcare Triangle

text: HCTI

text: Sandeep Deokule

text: DevCool

text: HCTI

text: Sandeep Deokule

text: DevCool

text: DevCool

text: HCTI

text: Healthcare Triangle, Inc.

text: HCTI

text:
Healthcare
Triangle, Inc.

text: Healthcare Triangle

text: Healthcare Triangle

text: DevCool

text:
Devcool,
Inc.

text: DevCool


dataset: buster

text:
EX-99.1
2
a12-6966_1ex99d1.htm
EX-99.1
EXHIBIT 99.1
DISH NETWORK CLOSES DBSD AND TERRESTAR ACQUISITIONS
ENGLEWOOD, Colo., March 12, 2012
- DISH Network Corporation (NASDAQ: DISH) has closed its acquisitions of the re-organized DBSD North America, Inc., and substantially all of the assets of TerreStar Networks, Inc. DISH has invested more than $3 billion to secure the licenses for this 40 MHz of nationwide 2 GHz wireless spectrum. DISH looks forward to working with the FCC on its forthcoming Notice of Proposed Rulemaking (NPRM) and remains committed to using this spectrum to help the Administration and the FCC solve the nation's spectrum crunch. In parallel, DISH will initiate efforts to enhance the performance and capabilities of handsets that utilize the terrestrial and satellite links while exploring its options for a broader market entry.
# # #
About DISH
DISH Network Corporation (NASDAQ: DISH), through its subsidiary DISH Network L.L.C., provides approximately 13.967 million satellite TV customers, as of Dec. 31, 2011, with the highest quality programming and technology with the most choices at the best value, including HD Free for Life. Subscribers enjoy the largest high definition line-up with more than 200 national HD channels, the most international channels, and award-winning HD and DVR technology. DISH Network's subsidiary, Blockbuster L.L.C., delivers family entertainment to millions of customers around the world. DISH Network Corporation is a Fortune 200 company. Visit www.dish.com.
Media Contact: Marc Lumpkin, (720) 514-5351, press@dish.com

label: organization

text: DISH NETWORK

text: DBSD

text: DISH Network Corporation

text: DBSD North America, Inc.

text: DISH Network Corporation

text: DISH Network

text: DISH Network

text: DISH Network Corporation

source_dataset: expertai/BUSTER

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


text:
EX-99.1
2
a13-14207_1ex99d1.htm
EX-99.1
Exhibit 99.1
Inventure Foods Finalizes Acquisition of Willamette Valley Fruit Company's Berry Processing Business
PHOENIX - June 3, 2013
- Inventure Foods, Inc. (Nasdaq: SNAK) ("Inventure" or the "Company"), a leading specialty food marketer and manufacturer, announced the completion on May 28, 2013 of an acquisition of the berry processing business of Willamette Valley Fruit Company, LLC, a family owned business located in Salem, Oregon ("WVFC"). The purchased assets include the berry processing equipment assets (including a new Individually Quick Frozen (IQF) tunnel), long term building and ground leases (including additional improvements currently being installed), and other intellectual property and inventory rights.
As consideration for the acquisition, Inventure assumed certain liabilities relating to existing business contracts arising after the closing date and paid an aggregate amount of $9.5 million in cash, a portion of which is being held back to secure post-closing purchase price adjustments and indemnity claims. An additional amount of up to $3.0 million is payable as contingent consideration in the form of an earn-out if certain performance thresholds are met during the period of up to 7 years following the closing.
Headquartered in Oregon, WVFC has become one of the Pacific Northwest's leading processors of high-quality berry products. Each summer, WVFC processes an average of 13 million pounds of fruit, including strawberries, raspberries, boysenberries, blueberries, cranberries and a variety of blackberries including a local favorite, Marionberries.
"We are delighted to have finalized this acquisition", said Terry McDaniel, Chief Executive Officer of Inventure Foods, Inc. "This transaction further underscores our commitment to providing healthy food options to consumers and will help us meet the growing demand for our frozen berries. The acquired business is well positioned within the Oregon berry community, and we look forward to strengthening our ties with the grower community. We are also excited about the additional capabilities this acquisition will bring and look forward to further diversifying our geographic footprint".
"Dave Dunn will continue to lead our new organization. Dave has been very instrumental in leading the success of Willamette Valley Fruit. We are very pleased to work with Dave and his excellent team providing resources and capital to ensure we together continue growing our healthy fruit business", concluded Mr. McDaniel.
About Inventure Foods, Inc.
With manufacturing facilities in Arizona, Indiana and Washington, Inventure Foods, Inc. (Nasdaq: SNAK) is a marketer and manufacturer of specialty food brands in better-for-you and indulgent categories under a variety of Company owned and licensed brand names, including Boulder Canyon Natural Foods®, Jamba®, Seattle's Best Coffee®, Rader Farms®, T.G.I. Friday's®, Nathan's Famous®, Vidalia Brands®, Poore Brothers®, Tato Skins® and Bob's Texas Style®. For further information about Inventure Foods, please visit www.inventurefoods.com.
1
About Willamette Valley Fruit Company
Willamette Valley Fruit Company, LLC was started in 1999 by the Gerald Roth family, which has been growing berries locally in Salem, Oregon for three generations. What began in 1999 as a small frozen processing operation has quickly turned into WVFC being one of the Pacific Northwest's leading processors of high-quality berry products. WVFC is a family-owned business, not a cooperative, but works closely with 20-30 local growers each year in order to supply each market. Though the majority of the fruit is flash-frozen (IQF), the Company also makes purees, straight-pack products and drum stock.
Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that may cause actual results to differ from the forward-looking statements contained in this press release and that may affect the Company's prospects in general include, but are not limited to, general economic conditions, increases in cost or availability of ingredients, packaging, energy and employees, price competition and industry consolidation, ability to execute strategic initiatives, product recalls or safety concerns, disruptions of supply chain or information technology systems, customer acceptance of new products and changes in consumer preferences, food industry and regulatory factors, interest rate risks, dependence upon major customers, dependence upon existing and future license agreements, the possibility that we will need additional financing due to future operating losses or in order to implement the Company's business strategy, acquisition and divestiture-related risks, the volatility of the market price of the Company's common stock, and such other factors as are described in the Company's filings with the Securities and Exchange Commission.
Contact:
Steve Weinberger
623-932-6200
ir@inventurefoods.com
2

text: Inventure Foods

text: Willamette Valley Fruit Company

text: Inventure Foods, Inc.

text: Inventure

text: Willamette Valley Fruit Company, LLC

text: Inventure

text: Inventure Foods, Inc.

text: Inventure Foods, Inc.

text: Inventure Foods, Inc.

text: Inventure Foods

text: Willamette Valley Fruit Company

text: Willamette Valley Fruit Company, LLC


text:
EX-99.1
3
a06-20824_1ex99d1.htm
EX-99
Exhibit 99.1
WFI
Announces Close On Acquisition of Madison Research Corporation and Secures a
New Credit Facility of $85 Million
SAN DIEGO, Oct 02, 2006
/PRNewswire-FirstCall via COMTEX News Network/ - WFI (Nasdaq: WFII), a global
leader in the design, deployment, and management of wireless communication
networks, information technology solutions and security systems, announced
today that it has completed the previously announced acquisition of Madison
Research Corporation (MRC) in a cash transaction using a combination of company
funds and funds provided under a credit facility from KeyBanc Capital Markets
(NYSE: KEY). The actual purchase price was $69 million, subject to certain post
closing adjustments. WFI has successfully secured a new and expanded credit
facility of $85 million in conjunction with this acquisition. This credit
facility will replace the current credit facility of $15 million and will be
used to fund the MRC acquisition and future acquisitions.
"This acquisition is a major
strategic milestone for our Government business as we seek to extend our
footprint within various branches of the DoD and expand our portfolio of
strategic contract vehicles", said Eric DeMarco, president and CEO of WFI.
"Through this acquisition, we are adding highly skilled engineers and technical
professionals with particular expertise in the areas of weapons systems
lifecycle support, integrated logistics, test and evaluation and software
development for the Army, Air Force and NASA. With MRC's deep technology expertise,
strong and established relationships and existing high-value contract vehicles,
we are building terrific momentum in the federal government space. Over the
past two months, we have completed detailed integration planning and we look
forward to a rapid transition to the combined company".
"Having MRC as part of our
company is especially advantageous to WFI", commented Robin Mickle, president
of WFI's Government Services Division. "The talented people of MRC will play a
strategic role in helping WFI further evolve its leadership position in
engineering services and IT support services for the DoD and other customers.
Additionally, with the BRAC initiative bringing new opportunities to the
Huntsville area, MRC will provide WFI with significant capabilities in this
attractive marketplace".
MRC will become an operating
sector within WFI's Government Services Division, and sector management will
remain in its current location of Huntsville, Alabama. Sam Liberatore, formerly
the Chief Operating Officer of MRC, will provide ongoing leadership of the
newly-formed sector. Madison Research was founded by John Stallworth, a former
professional football player and NFL Hall of Famer. Over the next several
months, Mr. Stallworth will transition out of MRC to pursue philanthropic
interests, and he will not continue in any management or advisory role with the
newly-acquired entity.
"I am pleased to see the
company we have built move into the next stage of growth and opportunity", said
John Stallworth, former president and CEO of Madison Research. "Over MRC's 20
year history, we have assembled an impressive team of engineers, technical
experts and IT professionals and we have cultivated some outstanding customer
relationships. By joining now with WFI, MRC enters into the "next phase" of its
business expansion with a leading network and engineering company extremely
well-positioned with the DoD. In bringing the acquisition to
a close, I am confident that
WFI is the right home for MRC and its people. While I am looking forward to my
new challenges, I want to thank my friends and colleagues at MRC and the
Huntsville community for their support, and I will continue to watch your
continued success as part of WFI".
About WFI
Headquartered in San Diego,
CA, WFI is an independent provider of systems engineering, network services and
technical outsourcing for the world's largest wireless carriers, enterprise
customers and for government agencies. The company provides the design,
deployment, integration, and the overall management of wired and wireless
networks which deliver voice and data communication, and which support advanced
security systems. WFI has performed work in over 100 countries since its
founding in 1994. News and information are available at www.wfinet.com. (code:
WFI-mb)
Notice Regarding
Forward-Looking Statements
This news release contains
certain forward-looking statements including, without limitation, expressed or
implied statements concerning the Company's expectations regarding anticipated
operating results for 2006, future financial performance and cash flows and
market developments that involve risks and uncertainties. Such statements are
only predictions, and the Company's actual results may differ materially.
Factors that may cause the Company's results to differ include, but are not
limited to: risks associated with the integration of MRC into WFI Government
Services; risks associated with increased debt leverage; risks that the
anticipated benefits of the acquisition will not be achieved; changes in the
scope or timing of the Company's projects; changes or cutbacks in spending by
the U.S. Department of Defense, which could cause delays or cancellations of
key government contracts; slowdowns in telecommunications infrastructure
spending in the United States and globally, which could delay network
deployment and reduce demand for the Company's services; the timing,
rescheduling or cancellation of significant customer contracts and agreements,
or consolidation by or the loss of key customers; failure to successfully
consummate acquisitions or integrate acquired operations; the rate of adoption
of telecom outsourcing by network carriers and equipment suppliers; the rate of
growth of adoption of WLAN and wireless security systems by enterprises; and
competition in the marketplace which could reduce revenues and profit margins.
The Company undertakes no obligation to update any forward-looking statements.
These and other risk factors are more fully discussed in the Company's
Quarterly Report on Form 10-Q for the period ended June 30, 2006 and in other
filings made with the Securities and Exchange Commission.
Contact:
Michael Baehr
VP of Corporate
Communications & Investor Relations
Wireless Facilities, Inc.
858.228.2799 Direct
michael.baehr@wfinet.com
SOURCE WFI
Michael Baehr, VP of
Corporate Communications & Investor Relations of Wireless Facilities, Inc.,
+1-858-228-2799, michael.baehr@wfinet.com http://www.wfinet.com/

text: WFI

override: organization

text: Madison Research Corporation

text: WFI

text:
Madison
Research Corporation

text: WFI

text: WFI

text: WFI

label: person

text: Robin Mickle

text: WFI

text: WFI

text: WFI

text: WFI

text: WFI

text: WFI

text: WFI

text: WFI

text: WFI

text: WFI

text: WFI

text: Michael Baehr

text: WFI

text: Michael Baehr


text:
EX-99.2
4
ex992pr-completeddispositi.htm
EX 99.2 PRESS RELEASE ANNOUNCING CLOSE OF SALE ENG CHEM INT. DRILLING FLUIDS
Wdesk | Ex 99.2 PR - Completed Dispositions of Eng Chem and Drill Fluids
Exhibit 99.2
News Release
Weatherford Completes Sale of Engineered Chemistry and Drilling Fluids Businesses
and Monetizes Proserv Interest
BAAR, Switzerland, December 31, 2014 - Weatherford International plc (NYSE: WFT) closed the previously announced sale of the Company's engineered chemistry and Integrity drilling fluids businesses to an affiliate of The Lubrizol Corporation, a Berkshire Hathaway company, for a purchase price of $750 million, subject to a customary post-closing working capital adjustment. Weatherford may also receive a potential increase of $75 million from an earnout tied to the post-closing performance of the disposed businesses during the twelve month period after the closing date. Cash proceeds from the sale will be used to repay or repurchase debt.
In addition, on December 23, 2014, the Company completed the disposition of all of its shares of Proserv Group Inc. ("Proserv"). As previously announced, Proserv was acquired by affiliates of investor Riverstone Holdings LLC, in partnership with Proserv management. Proceeds received by Weatherford were used to repay or repurchase debt.
Bernard J. Duroc-Danner, Chairman, President and Chief Executive Officer of Weatherford stated: "We are pleased with the closing of these transactions. The divestments are another step in Weatherford's previously announced plans to monetize the company's non-core businesses. These transactions bring our total realized cash divestiture proceeds to over $1.7 billion for 2014, significantly exceeding our previously stated divestment target of $1 billion. With these proceeds, the level of debt that Weatherford carries at year end will be well below our own targets and de-risks the company substantially ahead of a cyclically challenged year in the industry".
About Weatherford
Weatherford is an Irish-based, multinational oilfield service company. Weatherford's product and service portfolio spans the lifecycle of the well and includes Well Construction, Formation Evaluation, Completion and Artificial Lift. The Company operates in over 100 countries and has a network of 1,400 manufacturing, service, research and development and training facilities worldwide.
Weatherford Contacts
Contacts:
Krishna Shivram
+1.713.836.4610
Executive Vice President and Chief Financial Officer
Karen David-Green
+1.713.836.7430
Vice President - Investor Relations
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are generally identified by the words "believe", "expect", "anticipate", "estimate", "intend", "plan", "may", "should", "could", "will", "would", and "will be", and similar expressions, although not all forward-looking statements contain these identifying words. Such statements, including statements regarding the potential earnout and the use of proceeds, are subject to significant risks, assumptions and uncertainties. Forward-looking statements also are affected by the risk factors described in Weatherford's Annual Report on Form 10-K for the year ended December 31, 2013, and those set forth from time-to-time in other filings with the Securities and Exchange Commission. Weatherford undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required under federal securities laws.
2

text: Weatherford

text: Weatherford International plc

text: The Lubrizol Corporation

text: Weatherford

text: Weatherford

text: Bernard J. Duroc-Danner

text: Weatherford

text: Weatherford

text: Weatherford

text: Weatherford

text: Weatherford

text: Weatherford

text: Weatherford

text: Weatherford

text: Weatherford


text:
EX-99.1
12
v185727_ex99-1.htm
EXHIBIT
99.1
FOR IMMEDIATE
RELEASE
SSGI ANNOUNCES THE
ACQUISITION
OF B&M CONSTRUCTION CO.,
INC.
WEST PALM
BEACH,
Florida - May 18,
2010 -
SSGI,
Inc. (OTC: SSGI) today announced the recent acquisition of B&M Construction Co.,
Inc., a construction company headquartered in Lakeland, Florida,
that specializes in the
design, construction and maintenance of retail petroleum facilities. Through the acquisition, SSGI also
acquired a 70% interest in Willis Electric, L.L.C. Willis, also
headquartered in Lakeland,
Florida, is an electrical contractor specializing in
"big box" retail installations.
In connection with the acquisition,
three senior executives and former shareholders of B&M - Phillip Lee,
William Denmark and Evan Finch - joined the executive management team of
SSGI.
"We are delighted to announce this
acquisition", said Larry
Glasscock, SSGI's newly appointed President and Chief Executive
Officer. "Adding B&M greatly increases
SSGI's market share, revenue production, and cash flow from
operations. The combination also expands existing operations in 13 additional states. Phillip Lee, Billy Denmark
and Evan Finch bring strong experience and
demonstrated success to the SSGI team. The company will certainly benefit
from their leadership and
ongoing contributions".
Former
B&M President, Chief Executive Officer and majority shareholder, Bobby L.
Moore, Jr., added: "I believe the combination of SSGI, B&M and Willis is one
that will benefit the customers and employees of B&M and positions SSGI for
great success. I look forward to continuing my relationship with the
company as a significant owner of SSGI shares." Mr. Moore will assist
in the transition as a consultant to SSGI.
About B&M
B&M is a recognized leader in the
installation and maintenance of petroleum fueling systems located at such places as convenience stores, truck stops, car
washes, and bulk fueling facilities. B&M also installs underground and above ground
fuel tanks, piping, canopies, and dispenser systems, and serves as a general contractor in the
retail food segment and for other businesses. B&M was incorporated in 1968 and has
operating licenses in 14 states throughout the
Southeastern United States as well
as Texas and Missouri. Visit http://www.bmconstruction.com for more information.
1
About SSGI
SSGI, Inc., through its wholly-owned operating subsidiary,
Surge Solutions Group, Inc., is a petroleum contractor providing construction
and environmental compliance services for its government and private sector
clients. As a general contractor, SSGI provides general contractor services
for commercial construction projects. Visit http://www.surgesolutionsgroup.com for more
information.
Safe
Harbor Statement under the Private Securities Litigation Reform Act of 1995: The
statements which are not historical facts contained in this press release are
"forward-looking statements" that involve certain risks and uncertainties
including but not limited to risks associated with the uncertainty of future
financial results, additional financing requirements, development of new
products, government approval processes, the impact of competitive products or
pricing, technological changes, the effect of economic conditions and other
uncertainties detailed in the company's filings with the Securities and Exchange
Commission which may cause actual results, performance and achievements of the
company to be materially different from any future results, performance or
achievements expressed or implied.
# #
#
2

text: SSGI

text: B&M CONSTRUCTION CO.

text:
SSGI,
Inc.

text: SSGI

text:
B&M Construction Co.,
Inc.

text: SSGI

text: Willis Electric, L.L.C.

text: SSGI

text: SSGI

text: SSGI

text: SSGI

text: SSGI

text: SSGI

text: SSGI

text: SSGI

text: SSGI

text: SSGI, Inc.

text: SSGI


text:
EX-99.1
15
a11-10224_1ex99d1.htm
EX-99.1
Exhibit 99.1
CIFC Deerfield Corp. Contact:
Financial Relations Board Contact:
Nga Tran
Leslie Loyet
(212) 624-1204
(312) 640-6672
FOR IMMEDIATE RELEASE
WEDNESDAY, APRIL 13, 2011
DEERFIELD CAPITAL CORP. AND CIFC CLOSE MERGER
Chicago and New York, April 13, 2011 - Deerfield Capital Corp. (NASDAQ: DFR)
and
CIFC
today announced the closing of their merger. The newly combined company will now operate under the name CIFC Deerfield Corp. (the "Company").
Peter Gleysteen, Chief Executive Officer, stated, "The merger brings together a terrific array of capabilities, professionals and financial resources to better serve investors worldwide and meet the expectations of our shareholders. This merger is about growth and the unprecedented opportunities we see for asset management products, especially ones backed by senior secured corporate loans. In fact, one of the Company's first decisions is to proceed with a new CLO, and work is already underway as we look forward to growing the company".
"CIFC Deerfield Corp. represents the consolidation of investment leaders with a focus toward increased value for stockholders and continuing asset management expertise for clients", added Jonathan Trutter, Vice Chairman. "We are gratified that, with an overwhelming vote in favor of this transaction, stockholders have indicated that they share our vision for the future".
About the Company
The Company is one of the largest and most established credit asset management firms globally, and its CIFC collateralized loan obligation (CLO) fund family has market-leading performance in the U.S.-managed CLO segment. The Company currently serves over 250 institutional investors in North America, Europe, Asia and Australia, and manages approximately $15.4 billion of client assets on a pro forma basis as of January 1, 2011, including CLO assets under management of $11.6 billion. Based in New York, the Company also has operations in Chicago.
Safe Harbor Statement
Certain statements in this press release constitute forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These include statements regarding future results or expectations and can generally be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "intends", "may", "plans", "projects", "will" and similar expressions, or the negative of these words. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made. Forward-looking statements are predictions as to future facts and conditions, the accurate prediction of which is difficult and involve the assessment of events beyond the control of the Company and its subsidiaries. Caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, including the risk that the assumptions on which the forward-looking statements are based prove to be inaccurate, actual results may differ materially from expectations or projections. For example, there can be no assurance that the Company will realize the expected benefits of the merger. For additional information regarding risks that may cause the Company's actual results to differ materially from those described in the forward-looking statements, see the Company's proxy statement with respect to the merger filed on March 15, 2011, Annual Report on Form 10-K for the year ended December 31, 2010, Quarterly Reports on Form 10-Q and other public filings with the Securities and Exchange Commission. Readers of this press release are cautioned to consider these risks and uncertainties and not to place undue reliance on any forward-looking statements. The Company does not undertake any obligation to update any forward-looking statement, whether written or oral, relating to matters discussed in this press release, except as may be required by applicable securities laws.

text: CIFC

label: fund

text: DEERFIELD CAPITAL CORP.

override: fund

text: CIFC

text: Deerfield Capital Corp.

text: CIFC

text: CIFC

text: Peter Gleysteen

text: CIFC

text: CIFC


text:
EX-99.1
2
exh_991.htm
PRESS RELEASE
EdgarFiling
EXHIBIT 99.1
Old Line Bancshares, Inc. Completes Merger with Bay Bancorp, Inc.
BOWIE, Md., April 13, 2018 (GLOBE NEWSWIRE) -- Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, announced today the completion of its acquisition of Bay Bancorp, Inc. (Nasdaq:BYBK), the parent company of Bay Bank, FSB. Old Line Bancshares is the surviving parent entity, and Bay Bank has merged with and into Old Line Bank, with Old Line Bank being the surviving bank.
The combination of Old Line Bank and Bay Bank makes Old Line Bank the third largest independent commercial bank based in Maryland, with assets of approximately $2.8 billion and 39 branches serving 11 Maryland counties as well as Baltimore City. This merger expands Old Line Bank's presence in Baltimore and Anne Arundel Counties and brings us into Howard and Harford Counties and Baltimore City as well. The combined bank will have the second-most banking locations of all independent Maryland-based commercial banks.
"We are excited about the opportunities this combination provides to our customers and stockholders. This union will add talent to our team and expand our market area", said James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares.
The aggregate merger consideration was approximately $143.1 million, consisting of approximately 4,393,099 shares of Old Line Bancshares common stock, valued at approximately $142.2 million based on the closing price of Old Line Bancshares common stock on April 13, 2018, and approximately $968,805 in cash in exchange for unexercised options to purchase Bay Bancorp common stock that were outstanding immediately before the merger. Old Line Bancshares has added Joseph J. Thomas, former President and Chief Executive Officer of Bay Bancorp and Bay Bank, Eric D. Hovde, former Chairman of the Board of Bay Bancorp and Bay Bank, and Steven K. Breeden, a former Director of Bay Bancorp and Bay Bank, to its board of directors and to the board of directors of Old Line Bank.
FIG Partners, LLC acted as financial adviser to Old Line Bancshares and Baker, Donelson, Bearman, Caldwell & Berkowitz, PC, acted as its legal counsel. Hovde Group, LLC acted as financial adviser to Bay Bancorp, RP Financial, LC provided the fairness opinion to Bay Bancorp, and Gordon Feinblatt LLC acted as Bay Bancorp's legal counsel.
As a result of the merger, Old Line Bancshares plans to close and consolidate two branch locations. We expect to close the Hunt Valley and Owings Mills branches, operated by Old Line Bank prior to the merger, on or about July 20, 2018. These branches have former Bay Bank locations within close proximity.
"Mergers come with some difficult decisions, particularly when it comes to branch locations. We heavily scrutinized our customers' needs while seeking to increase efficiencies and ensure future growth. We are confident in our ability to serve our community and provide superior service even with the closing of these two locations", Mr. Cornelsen concluded.
Old Line Bancshares, Inc. is the parent company of Old Line Bank, a Maryland chartered commercial bank headquartered in Bowie, Maryland, approximately 10 miles east of Andrews Air Force Base and 20 miles east of Washington, D.C. After the closure of the branches discussed in this press release, Old Line Bank will have 37 banking locations located in its primary market area of suburban Maryland (Washington, D.C. suburbs, Southern Maryland and Baltimore suburbs) counties of Anne Arundel, Baltimore, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince George's and St. Mary's, and Baltimore City. It also targets customers throughout the greater Washington, D.C. and Baltimore metropolitan areas. For additional information, please visit our website at www.oldlinebank.com or call 301-430-2500.

text: Old Line Bancshares, Inc.

text: Bay Bancorp, Inc.

text: Old Line Bancshares, Inc.

text: Bay Bancorp, Inc.

text: James W. Cornelsen

text: FIG Partners, LLC

text: Hovde Group, LLC

text: RP Financial, LC

text: Gordon Feinblatt LLC

text: Old Line Bancshares, Inc.


text:
EX-99.1
3
exhibit2.htm
EX-99.1
EX-99.1
1551 N. Tustin Avenue, Suite 300
Santa Ana, CA 92705
714.667.8252 main
714.667.6860 fax
www.gbe-reits.com/healthcare2
Contact: Damon Elder
Phone: 714.975.2659
Email: damon.elder@grubb-ellis.com
Grubb & Ellis Healthcare REIT II Acquires
Athens Long-Term Acute Care Hospital in Georgia
ATHENS, Ga. (Nov. 4, 2010) - Grubb & Ellis Healthcare REIT II, Inc. today announced that it
has acquired Athens Long-Term Acute Care Hospital, a single-story, 32,000-square-foot, Class A
single-tenant medical facility in Athens. The acquisition closed on Oct. 29.
Located at 775 Sunset Dr., Athens Long-Term Acute Care Hospital is approximately one mile from
Athens Regional Medical Center, the region's leading healthcare provider and a significant source
of referral patients. Athens Long-Term Acute Care Hospital is the only long-term acute care
hospital serving the more than one million residents of northeast Georgia.
Built in 2008, Athens Long-Term Acute Care Hospital is leased by Landmark Real Estate Holdings,
LLC, which signed a long-term lease through 2025. The Athens facility is the third of a $42
million, four-property portfolio of regional long-term acute care hospitals being acquired by Grubb
& Ellis Healthcare REIT II. Similar facilities in Cape Girardeau and Joplin, Mo. were acquired by
the REIT on Aug.12 and Aug. 31, while a fourth facility in Columbia, Mo. is currently under
contract.
"Long-term acute care hospitals such as the four we are acquiring in Missouri and Georgia are
attractive additions to the portfolio of Grubb & Ellis Healthcare REIT II", said Danny Prosky,
president and chief operating officer of the REIT. "They enjoy very limited competition, have
strong relationships with major healthcare systems, and provide stable long-term income that is
immediately accretive and supportive of our investor distributions".
Creative Health Capital, LLC represented the seller, White Oaks Real Estate Investments of Georgia,
LLC, an unaffiliated third party, in the transaction. Grubb & Ellis Healthcare REIT II financed
the acquisition using $12.3 million in borrowings under its line of credit with Bank of America,
N.A. and cash proceeds received from its offering.
About Grubb & Ellis Healthcare REIT II
Grubb & Ellis Healthcare REIT II, Inc. intends to qualify as a real estate investment trust that
seeks to preserve, protect and return investors' capital contributions, pay regular cash
distributions, and realize growth in the value of its investments upon the ultimate sale of such
investments. Grubb & Ellis Healthcare REIT II is seeking to raise up to approximately $3 billion
in equity and to acquire a diversified portfolio of real estate assets, focusing primarily on
medical office buildings and other healthcare-related facilities.
Grubb & Ellis Healthcare REIT II is sponsored by Grubb & Ellis Company (NYSE: GBE). Grubb & Ellis
is one of the largest and most respected commercial real estate services and investment companies
in the world. Grubb & Ellis Company's 6,000 professionals in more than 100 company-owned and
affiliate offices draw from a unique platform of real estate services, practice groups and
investment products to deliver comprehensive, integrated solutions to real estate owners, tenants
and investors. The firm's transaction, management, consulting and investment services are supported
by highly regarded proprietary market research and extensive local expertise. Through its
investment subsidiaries, the company is a leading sponsor of real estate investment programs that
provide individuals and institutions the opportunity to invest in a broad range of real estate
investment vehicles, including publicly registered non-traded real estate investment trusts
(REITs), mutual funds, separate accounts and other real estate investment funds. For more
information, visit
www.grubb-ellis.com
.
* * *
This release contains certain forward-looking statements (under Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) with
respect to the success of Athens Long-Term Acute Care Hospital, its stable income, whether such
stable income is immediately accretive and supportive of our investor distribution, its ability to
capitalize on limited competition and whether its proximity to Athens Regional Medical Center is
beneficial. Because such statements include risks, uncertainties and contingencies, actual results
may differ materially from those expressed or implied by such forward-looking statements. These
risks, uncertainties and contingencies include, but are not limited to, the following: the strength
and financial condition of Athens Long-Term Acute Care Hospital and its tenant; uncertainties
relating to the financial strength of Athens Long-Term Acute Care Hospital, Athens Regional Medical
Center and the local economy of the city of Athens; uncertainties relating to changes in general
economic and real estate conditions; uncertainties regarding changes in the healthcare industry;
the uncertainties relating to the implementation of our real estate investment strategy; and other
risk factors as outlined in the company's prospectus, as amended from time to time, and as detailed
from time to time in our periodic reports, as filed with the U.S. Securities and Exchange
Commission. Forward-looking statements in this document speak only as of the date on which such
statements were made, and we undertake no obligation to update any such statements that may become
untrue because of subsequent events. We claim the safe harbor protection for forward-looking
statements contained in the Private Securities Litigation Reform Act of 1995.
THIS IS NEITHER AN OFFER TO SELL NOR AN OFFER TO BUY ANY SECURITIES DESCRIBED HEREIN.
OFFERINGS ARE MADE ONLY BY MEANS OF A PROSPECTUS OR OFFERING MEMORANDUM.
###

text: Grubb & Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II, Inc.

text:
Grubb
& Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II

text: Danny Prosky

text: Creative Health Capital, LLC

text: Grubb & Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II, Inc.

text: Grubb & Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II


text:
EX-99.4
19
d506107dex994.htm
EX-99.4
EX-99.4
Exhibit 99.4
Rigetti Computing Announces Closing of Business Combination with Supernova Partners Acquisition Company II, Ltd.; Begins Trading on Nasdaq Capital Market
Today
March 02, 2022 06:30 ET | Source:
Rigetti Computing
BERKELEY, Calif., March 02, 2022 (GLOBE NEWSWIRE) - Rigetti Computing (Nasdaq: RGTI) ("Rigetti" or the "Company"), a pioneer in
hybrid quantum-classical computing, and Supernova Partners Acquisition Company II, Ltd. ("Supernova") (NYSE: SNII), a special purpose acquisition company, today announced the completion of their Business Combination (the "Business
Combination"). The Business Combination was approved by Supernova's shareholders at Supernova's Extraordinary General Meeting held on February 28, 2022. In connection with the closing, Supernova changed its name to "Rigetti
Computing, Inc." Starting this morning, Rigetti's common stock and warrants will trade on the Nasdaq Capital Market under the ticker symbols "RGTI" and "RGTIW", respectively.
At the closing of the Business Combination, Rigetti received gross proceeds of approximately $261.75 million. The Company plans to use the net proceeds
to accelerate its development of multiple generations of quantum processors, expand its operations, and for general corporate purposes.
Rigetti is on a
mission to build the world's most powerful quantum computers to help solve humanity's most important and pressing problems. As an industry pioneer, Rigetti has achieved a number of industry firsts, including the first multi-chip quantum
processor for scalable quantum computing systems and the most recent commercial launch of its
80-qubit
Aspen-M
machine, which is the world's second largest
gate-model quantum computer and largest gate-model quantum computer available on Amazon Bracket today. In addition, Rigetti has a growing partnership base and strong portfolio of patents and patents pending up and down the quantum computing
technology stack.
"Today marks a key milestone for Rigetti and the quantum computing industry as a whole", remarked Chad Rigetti, founder and
CEO of Rigetti. "We believe this transaction will help us to accelerate our momentum and make strides toward our goal of narrow Quantum Advantage. We are grateful for the unwavering support of our investors, customers, and teammates throughout
this process and look forward to keeping everyone
up-to-date
on our progress in the years ahead".
Michael Clifton,
co-founder
of Supernova and now a Rigetti Director, commented, "Rigetti is a trailblazer with
technology leadership and the demonstrated ability to innovate. These features, alongside its deep patent portfolio, excellent partnership base, and expected traction with real-world problems, should position it to make critical advances in this
transformative technology field. I am excited to support Rigetti as it continues to push forward the boundaries of what's computationally possible".
Rigetti believes that quantum computing is not just an incremental advance in computational power, but has the potential to be a phase change. Rigetti further
believes its full vertical integration, patented modular chip architecture, superior technical approach, and deep partnership base all set the stage for it to reach key industry milestones. The Company plans to drive further advancements in areas it
expects to be most ready for transformative technology.
Advisors
Deutsche Bank Securities Inc. served as exclusive financial advisor to Rigetti. Cooley LLP served as legal counsel to Rigetti. Morgan Stanley & Co.
LLC served as exclusive financial advisor to Supernova II. Latham & Watkins LLP served as legal counsel to Supernova II. Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. served as placement agents to Supernova II for the
initial and
follow-on
round of PIPE financing. Sidley Austin LLP served as counsel to the placement agents.
About Rigetti Computing
Rigetti Computing is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global
enterprise, government and research clients through its Rigetti Quantum Cloud Services platform. The Company's proprietary quantum-classical infrastructure provides
ultra-low
latency integration with
public and private clouds for high-performance practical quantum computing. Rigetti has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips
in-house
at
Fab-1,
the industry's first dedicated and integrated quantum device manufacturing facility. Rigetti was founded in 2013 by Chad Rigetti and today employs more
than 140 people with offices in the United States, U.K. and Australia. Learn more at
www.rigetti.com
.
Forward-Looking Statements
Certain statements in this communication may be considered forward-looking statements. Forward-looking statements generally relate to future events and can be
identified by terminology such as "pro forma", "may", "should", "could", "might", "plan", "possible", "project", "strive", "budget",
"forecast", "expect", "intend", "will", "estimate", "anticipate", "believe", "predict", "potential" or "continue", or the negatives of these terms or
variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking
statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Supernova and its management, and Rigetti and its management, as the case may be, are inherently uncertain. Factors that may
cause actual results to differ materially from current expectations include, but are not limited to: the ability of quantum computing to potentially be a phase change and the potential relative power of quantum computers to the global cloud;
Rigetti's ability to make critical advances in the quantum computing field, push forward the boundaries of what is computationally possible, drive further advancements and reach key industry milestones; the outcome of any legal proceedings that
may be instituted against Supernova, Rigetti, the combined company or others with respect to the Business Combination or other matters; the ability to meet stock exchange listing standards; the risk that the Business Combination disrupts current
plans and operations of Rigetti; the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably,
maintain relationships with customers and suppliers and retain its management and key employees; costs related to the business combination and operating as a public company; changes in applicable laws or regulations; the possibility that the
combined company may be adversely affected by other economic, business, or competitive factors; Rigetti's estimates of expenses and profitability; the evolution of the markets in which Rigetti competes; the ability of Rigetti to execute on its
technology roadmap; the ability of Rigetti to implement its strategic initiatives, expansion plans and continue to innovate its existing services; the impact of the
COVID-19
pandemic on Rigetti's
business; and other risks and uncertainties set forth in the section entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the registration on Form
S-4
and
other documents filed by the Company from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those
contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend
to update or revise these forward-looking statements. The Company does not give any assurance that it will achieve its expectations.

text: Rigetti Computing

text: Rigetti Computing

text: Rigetti Computing

text:
Rigetti
Computing

text: Chad Rigetti

text: Deutsche Bank Securities Inc.

text: Cooley LLP

text:
Morgan Stanley & Co.
LLC

text: Latham & Watkins LLP

text: Morgan Stanley & Co. LLC

text: Deutsche Bank Securities Inc.

text: Sidley Austin LLP

text: Rigetti Computing

text: Rigetti Computing

text: Chad Rigetti


text:
EX-99.1 CHARTER
2
pr.htm
PRESS RELEASE
News Release
Cory T. Walker
January 9,
2012
Chief Financial Officer
(386) 239-7250
BROWN & BROWN, INC. COMPLETES
ACQUISITION OF ARROWHEAD GENERAL INSURANCE AGENCY, INC.
(Daytona Beach and Tampa, Florida)... Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously-announced acquisition by Brown & Brown, Inc. of the parent company of Arrowhead General Insurance Agency, Inc.
("Arrowhead").
Brown & Brown, Inc., through its subsidiaries, offers a broad range of insurance and reinsurance products and related services. Additionally, certain Brown & Brown subsidiaries offer a variety of risk management, third-party administration, and other
services. Serving business, public entity, individual, trade and professional association clients nationwide, Brown & Brown is ranked by
Business Insurance
magazine as the United States' seventh-largest independent insurance intermediary. Brown &
Brown's Web address is www.bbinsurance.com. Arrowhead's Web address is www.aarowheadgrp.com.
This press release may contain certain statements relating to future results which are forward-looking statements. These statements are not historical facts, but instead represent only Brown & Brown's current belief regarding future events, many of
which, by their nature, are inherently uncertain and outside of Brown & Brown's control. It is possible that Brown & Brown's actual results and financial condition may differ, possibly materially, from the anticipated results and financial
condition indicated in these forward-looking statements. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown's financial results and condition, as well as its
other achievements, is contained in Brown & Brown's filings with the Securities and Exchange Commission. All forward-looking statements made herein are made only as of the date of this release, and Brown & Brown does not undertake any obligation
to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which Brown & Brown hereafter becomes aware.
# # # # #

text: BROWN & BROWN, INC.

text: Brown & Brown, Inc.

text: Brown & Brown, Inc.

text: Brown & Brown, Inc.


text:
EX-99.1
18
v199271_ex99-1.htm
PRESS
RELEASE
MULTICELL'S
MAJORITY OWNED SUBSIDIARY ACQUIRES BIOABSORBABLE INTERVENTIONAL CARDIOLOGY STENT
ASSETS
WOONSOCKET,
RI, October 19, 2010 /PRNewsWire/ - MultiCell Technologies, Inc.
(OTC Bulletin Board MCET - News) and its majority owned subsidiary, Xenogenics
Corporation, are pleased to announce the acquisition of the Ideal™ BioStent
assets by Xenogenics Corporation from investment funds managed by Western
Technology Investment and Silicon Valley Bank. Xenogenics Corporation also
entered into a worldwide exclusive license with Rutgers University for rights to
certain intellectual property related to the Ideal™ BioStent.
The
multi-billion dollar interventional cardiology and intravascular stent market
remains extremely lucrative, and one of the most attractive opportunities for
medical device companies. Several analysts predict the 2010 estimated
worldwide interventional cardiology and intravascular stent market to exceed
$4.6 billion, growing 3% to 4% annually. Clinicians, patients and
manufacturers are seeking the next generation of interventional cardiology and
intravascular medical devices which address long-term safety concerns and
improvement of blood vessel health, while still providing efficacy equivalent to
current generation products.
The
Ideal™ BioStent is the only stent to offer a dual-drug polymer, incorporating
salicylate, the active component in aspirin, directly into the polymer
chain. As the polymer degrades, salicylate is released directly into the
vessel wall to provide anti-inflammatory therapy aimed at reducing stenosis and
the promotion of blood vessel healing.
The
Ideal™ BioStent also incorporates the drug Sirolimus (rapamycin) in its polymer
matrix to provide anti-restenotic therapy similar to today's commonly used
drug-eluting metal stents. The Ideal™ BioStent's technology allows for the
ability to layer different combinations of polymers and drugs, enabling the
optimization of the delivery of combination drug therapies to provide superior
clinical results. The Ideal™ BioStent represents a significant advance
over currently available stents, including:
·
The ability to promote positive vessel remodeling.
·
A significant reduction in late-stent thrombosis
risk.
·
No metal artifact remaining in the patient's body after vessel
healing.
·
The reduced need for long-term and costly anti-platelet
therapy.
In
extensive animal testing and initial human use, the Ideal™ BioStent demonstrated
equivalence in safety, short-term efficacy and structural integrity when
compared with today's leading bare metal stent and drug-eluting metal stent.
Importantly, unlike other bioabsorbable stent technologies, the Ideal™ BioStent
showed no stent recoil, both acute and at six month follow up, remaining well
apposed to the vessel wall. Furthermore, the Ideal™ BioStent is designed
to be fully absorbed at 12 months leaving no metal artifact behind in the blood
vessel, and allows the blood vessel to heal and return to its natural biological
state.
The
ability of the Ideal™ BioStent to leave no permanent structure behind offers
several advantages over today's drug eluting and bare metal stents:
·
No risk of late adverse
events
. Because the Ideal™ BioStent eliminates the permanent
implant and polymer of today's drug-eluting stents, it also eliminates the
risk of late adverse events, such as late stent thrombosis. Patients
will not require costly antiplatelet therapy for long durations,
potentially opening the market to diabetic patients, or patients with
other bleeding disorders who were previously contraindicated for stent
placement.
·
Promotes remodeling of the
artery
. Permanent metal stents, because of their rigidity,
prevent the artery from reacting naturally and make true healing
impossible. As a result, clinician interest is accelerating around
the extremely strong potential of bioabsorbable stents to promote vascular
healing and return vessels to their natural
state.
·
Does not preclude future
interventions
. Patients with metal stents may not be able to
undergo future procedures, such as bypass surgery. Biodegradable
stents do not have this limitation, and by promoting healing of the vessel
wall, bioabsorbable stents may even reduce the likelihood that such future
interventions will be
necessary.
"We saw a
significant opportunity to build upon $20 million in invested capital, since the
Ideal™ BioStent has already demonstrated proof of concept in initial human
clinical trials", stated W. Gerald Newmin, Chairman and Chief Executive Officer
of MultiCell Technologies.
Xenogenics
Corporation also licensed rights to a strong intellectual property portfolio
covering the Ideal™ BioStent. This patent estate includes 24 issued
patents, and over 65 patent applications with broad claims encompassing
interventional cardiology and intravascular bioabsorbable stent design and
manufacture.
MultiCell
Technologies provided the financing for the acquisition of the Ideal™
BioStent. MultiCell Technologies increased its ownership position in
Xenogenics Corporation to 91.72% as a result of providing the acquisition
financing. Additional information about the transaction can be found on
MultiCell Technologies' Form 8K filed with the Securities and Exchange
Commission ("SEC").
About
Xenogenics Corporation
Xenogenics
Corporation is a development-stage medical device company focused on the design
of next-generation bioabsorbable stents for interventional cardiology and
peripheral vessel applications. Xenogenics is a majority owned subsidiary
of MultiCell Technologies, Inc. (OTCBB: MCET).
About
MultiCell Technologies, Inc.
MultiCell
Technologies, Inc. is a clinical-stage biopharmaceutical company developing
novel therapeutics and discovery tools that address unmet medical needs for the
treatment of neurological disorders, hepatic disease and cancer. For more
information about MultiCell Technologies, please visit
http://www.multicelltech.com.
Caution
Regarding Forward-Looking Statements
Any
statements in this press release about MultiCell Technologies' expectations,
beliefs, plans, objectives, assumptions or future events or performance are not
historical facts and are forward-looking statements for purposes of the Private
Securities Litigation Reform Act of 1995 (the "Act"). These statements are
often, but not always, made through the use of words or phrases such as
"believe", "will", "expect", "anticipate", "estimate", "intend", "plan",
"forecast", "could", and "would". Examples of such forward looking statements
include statements regarding the predicted size of the interventional cardiology
and intravascular stent market and statements regarding the efficacy and safety
of the Ideal™ BioStent. MultiCell bases these forward- looking statements
on current expectations about future events. They involve known and
unknown risks, uncertainties and assumptions that may cause actual results,
levels of activity, performance or achievements to differ materially from those
expressed or implied by any forward-looking statement. Some of the
risks, uncertainties and assumptions that could cause actual results to differ
materially from estimates or projections in the forward-looking statement
include, but are not limited to, the risk that we might not achieve our
anticipated clinical development milestones, receive regulatory approval, or
successfully commercialize our products as expected, the market for our products
will not grow as expected, and the risk that our products will not achieve
expectations. For additional information about risks and
uncertainties MultiCell faces, see documents MultiCell files with the SEC,
including MultiCell's report on Form 10-K for the fiscal year ended November 30,
2009, and all our quarterly and other periodic SEC filings. MultiCell
claims the protection of the safe harbor for forward-looking statements under
the Act and each assume no obligation and expressly disclaim any duty to update
any forward-looking statement to reflect events or circumstances after the date
of this news release or to reflect the occurrence of subsequent
events.
Contact:
MultiCell
Technologies, Inc.
W. Gerald
Newmin, Chairman
(401)
762-0045
MCETInvestor@MultiCelltech.com

text: MULTICELL

text: MultiCell Technologies, Inc.

text:
Western
Technology Investment

text: W. Gerald Newmin

text: MultiCell Technologies

text:
MultiCell
Technologies

text: MultiCell Technologies

text: MultiCell Technologies

text: MultiCell Technologies, Inc.

text: MultiCell Technologies, Inc.

text:
MultiCell
Technologies, Inc.

text: MultiCell Technologies

text: MultiCell Technologies

text: MultiCell

text: MultiCell

text: MultiCell

text: MultiCell

text: MultiCell

text:
MultiCell
Technologies, Inc.

text:
W. Gerald
Newmin


text:
EX-99.1
2
v403166_ex99-1.htm
PRESS RELEASE
Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact:
Jillian Gibson
1
st
Vice President, Director of Marketing
(336) 369-0916
jillian.gibson@newbridgebank.com
NewBridge Bank and Premier Commercial
Bank Complete Merger
Greensboro, N.C., March 2, 2015
- NewBridge Bancorp
(
NASDAQ: NBBC
) announced today that NewBridge Bank ("NewBridge") has successfully completed its merger and systems
conversion with Premier Commercial Bank ("Premier"). The merger results in a community bank with total assets of $2.7
billion and an expanded banking presence in Greensboro, North Carolina, home to both financial institutions. NewBridge also announced
that Premier's only full-service office, located at 701 Green Valley Road in Greensboro, opened today under the NewBridge
Bank brand.
"On behalf of my teammates at NewBridge, I am pleased
to welcome Premier Commercial Bank's clients, employees and shareholders to our Bank", said Pressley A. Ridgill, NewBridge's
president and chief executive officer. "We look forward to serving Premier's clients with the best-of-class banking
experience NewBridge offers, supported by our team that now includes Premier's experienced banking professionals. They have
enthusiastically joined our team and are committed to delivering the personalized service that has been a hallmark of Premier,
backed by NewBridge's comprehensive suite of financial solutions".
Ridgill noted his appreciation for the support received from
Premier's shareholders and Board of Directors in approving the partnership, adding that the tremendous cooperation from Premier's
management team and banking professionals has provided valuable support to a seamless integration. "Both clients and communities
will benefit from a larger branch footprint supported by a team of talented commercial and mortgage banking veterans committed
to living NewBridge Bank's Guiding Principles: always do your best; do what is right; treat others as you want to be treated;
and financial success begins with integrity".
With the closing of the merger, NewBridge is a $2.7 billion
institution with $1.9 billion in total loans and $2.0 billion in total deposits. The growing franchise includes 41 branches and
a number of loan production offices throughout the Carolinas.
Ridgill concluded: "We believe NewBridge's successful
acquisitions of Security Savings Bank, CapStone Bank and now, Premier Commercial Bank differentiate us as an exemplary merger partner.
These strategic transactions, coupled with our solid organic growth, are substantial achievements that we expect to continue to
enhance the long-term value of the NewBridge franchise for shareholders".
NewBridge Bancorp was advised in this transaction by Sandler
O'Neill & Partners, L.P. as financial advisor and Brooks, Pierce, McLendon, Humphrey, and Leonard, LLP as legal advisor.
Premier Commercial Bank was advised by Raymond James & Associates, Inc. as financial advisor and Ward and Smith, P.A. as legal
advisor.
Disclosures About Forward-Looking Statements
The discussions included in this press release may contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities
Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Such statements involve known and unknown risks, uncertainties
and other factors that may cause actual results to differ materially. For the purposes of these discussions, any statements that
are not statements of historical fact may be deemed to be forward-looking statements. Such statements are often characterized by
the use of qualifying words such as "expects", "anticipates", "believes", "estimates,"
"plans", "projects", or other statements concerning opinions or judgments of NewBridge and its management
about future events. The accuracy of such forward-looking statements could be affected by factors including, but not limited to,
the financial success or changing conditions or strategies of NewBridge's clients or vendors, fluctuations in interest rates,
actions of government regulators, the availability of capital and personnel or general economic conditions. Additional factors
that could cause actual results to differ materially from those anticipated by forward-looking statements are discussed in NewBridge's
filings with the Securities and Exchange Commission, including without limitation its annual report on Form 10-K, quarterly reports
on Form 10-Q and current reports on Form 8-K. NewBridge undertakes no obligation to revise or update these statements following
the date of this press release.
About NewBridge Bancorp
NewBridge Bancorp is the bank holding company for NewBridge
Bank, a full service, state-chartered community bank headquartered in Greensboro, North Carolina. The stock of NewBridge Bancorp
trades on the NASDAQ Global Select Market under the symbol "NBBC".
As one of the largest community banks in North Carolina, NewBridge
Bank serves businesses, professionals and consumers with a comprehensive array of financial services including: retail, commercial
and middle-market banking; private banking; wealth management; and mortgage banking. NewBridge Bank has assets of approximately
$2.7 billion and 41 branches and several loan production offices throughout the Carolinas.
###

text: NewBridge Bank

text:
Premier Commercial
Bank

text: NewBridge Bank

text: Premier Commercial Bank

text:
NewBridge
Bank

text: Premier Commercial Bank

text: NewBridge Bank

text: Premier Commercial Bank

text:
Sandler
O'Neill & Partners, L.P

text: Premier Commercial Bank

text: Raymond James & Associates, Inc.

text: Ward and Smith, P.A.

text:
NewBridge
Bank

text:
NewBridge
Bank

text: NewBridge Bank


text:
EX-99.1
4
a5161038ex99_1.txt
EXHIBIT 99.1 PRESS RELEASE
Exhibit 99.1
Amen Properties, Inc. Completes Acquisition of Priority Power Management;
Leading Energy Management Consulting Firm Added to Portfolio of Value-Based
Businesses
MIDLAND, Texas--(BUSINESS WIRE)--June 1, 2006--Amen Properties, Inc.
("Amen") (NASDAQ:AMEN), with headquarters in Midland, TX, today
announced that it has completed its acquisition of all of the
outstanding partnership interests in Priority Power Management, Ltd.
and PPM Dallas, Ltd. (collectively, "Priority Power Management")
pursuant to a Securities Purchase Agreement by and between the Company
and its subsidiary, NEMA Properties LLC, and the partners of Priority
Power Management dated May 18, 2006.
Priority Power Management is a leading Texas-based independent
energy management and consulting services firm to large commercial and
industrial clients. The firm provides unbiased and objective energy
management services in the areas of energy information, supply and
risk management and demand-side management in 22 states, primarily
Texas. Its client base includes oil and gas companies, industrial
manufacturing, healthcare, commercial real estate, governmental,
education, food service, retail and financial services firms. Since
its establishment in 2001, Priority Power Management has procured and
managed in excess of $800 million of power and natural gas on behalf
of others from its offices in Midland/Odessa, Dallas/Fort Worth and
Houston.
Priority Power Management business highlights:
-- Management staff has over 150 years of combined experience in
regulated and deregulated energy markets;
-- Approximately 800 clients representing approximately 6,500
utility accounts;
-- Over 750MW of peak power demand under management;
-- Over 3.5 TWh of power managed annually; enough to power
200,000 residential homes a year;
-- Managing power requirements for 32 of the top 100 independent
oil and gas producers in Texas, which represents estimated
annual production of 600 Bcf/yr of natural gas and 75 MMb/yr
of oil;
-- An estimated 13.6 Bcf of natural gas financial positions
managed annually;
-- An estimated 8.6 Bcf of natural physical natural gas managed
annually;
-- Endorsed by industry associations such as the Texas Chemical
Council, Association of Chemical Industry of Texas, the Texas
Hospital Association, the Dallas Forth Worth Hospital Council,
the Texas Bankers Association and the Independent Bankers
Association of Texas.
The Company believes that Priority Power Management's business
will be complimentary to its retail electricity provider business
conducted by the Company's subsidiary, W Power and Light, LP.
"We are extremely pleased to have completed this acquisition of
Priority Power Management", said Mr. Eric Oliver, CEO and Chairman of
the Company. "As last year proved, the retail electricity provider
business is challenged in a rising and volatile energy market. During
that same period, Priority Power Management experienced growth as more
end users sought out expert advice on how to manage their price and
minimize budget impacts from a rising market. The addition of Priority
Power Management will add a value-based organization that is
complementary to other businesses of the Company".
Priority Power Management will continue to be led by its existing
management team, including principals Mr. Pat Ennis of Midland, Texas
and Mr. John Bick of Arlington, Texas. Mr. Bick and Mr. Ennis bring
extensive energy expertise into the Company.
Mr. Ennis, the first employee of Priority Power Management, worked
20 years with TXU Energy in various roles, all involving customers,
and prior to leaving TXU, he was the Key Account Executive responsible
for large oil and gas producers. In January 2001, Mr. Jon M. Morgan,
along with a close group of limited partners, founded Priority Power
Management to focus on helping customers navigate through the onset of
electricity deregulation in Texas.
Mr. Bick was formerly Director of Strategic Business Development
at TXU Energy, where he developed comprehensive energy outsourcing
engagements across North America for Fortune 500 companies. After 15
years at TXU Energy, he joined Priority Power Management in August
2003 and has since been responsible for business development and
leading the strategic direction of the firm.
"Today's energy markets present end use customers with difficult
challenges, both operationally and financially. Companies are looking
for expert assistance in obtaining the lowest cost energy supply for
their operations and keeping it low over long periods of time, not to
mention solutions for lowering energy consumption all together", said
Mr. Bick. "Most end users do not have the internal resources required
to manage energy. We act as an extension of our client's staff,
bringing experienced energy professionals and access to valuable
market information. By developing sound energy management strategies
and deploying proven processes, Priority Power Management is able to
deliver significant value to our clients in energy savings and future
cost avoidance".
Priority Power Management will continue to operate as an
independent and objective organization representing its clients' best
interests. To maintain this independence and complete objectivity,
Amen's retail electricity provider subsidiary, W Power & Light, will
not participate in the competitive bids of any of Priority Power
Management's aggregation pools.
About Amen Properties, Inc.
AMEN Properties, Inc., a real estate and energy company, engages
in the ownership and management of real estate and energy related
business ventures. As of March 31, 2006, the company has a commercial
real estate portfolio consisting of majority ownership in two
commercial office properties located in Midland, Texas comprising over
428,000 square feet of leasable area. In 2004, the Company commenced
commercial retail electricity provider operations with the formation
of W Power & Light, LP. W Power's primary business is providing retail
electricity across Texas. W Power is very active in wholesale natural
gas and electricity markets, and manages all of its own wholesale
energy requirements.
CONTACT: Amen Properties, Inc.
John M. James, 432-684-3821
jjames@amenproperties.com
or
Priority Power Management
John Bick, 817-261-5100
jbick@prioritypower.net

text: Amen Properties, Inc.

text: Priority Power Management

text: Amen Properties, Inc.

text: Priority Power Management, Ltd.

text: PPM Dallas, Ltd.

text: Priority Power Management

text: NEMA Properties LLC

text:
Priority
Power Management

text: Priority Power Management

text: Priority Power Management

text: Priority Power Management

text: Priority Power Management

text: Priority Power Management

text: Eric Oliver

text: Priority Power Management

text: Power Management

text: Priority Power Management

text: Pat Ennis

text: John Bick

text: Priority Power Management

text: Jon M. Morgan

text:
Priority Power
Management

text: Priority Power Management

text: Priority Power Management

text: Priority Power Management

text:
Priority Power
Management

text: Amen Properties, Inc.

text: AMEN Properties, Inc.

text: Amen Properties, Inc.

text: Priority Power Management

text: John Bick


text:
EX-99.1
9
exh_991.htm
EXHIBIT 99.1
EdgarFiling
EXHIBIT 99.1
Franchise Group, Inc. Closes on the Acquisition of the Sears Outlet Business from Sears Hometown and Outlet Stores, Inc.
VIRGINIA BEACH, Virginia, Oct. 23, 2019 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (OTC PINK: FRGA) ("Franchise Group" or the "Company") today announced the completion of its previously announced acquisition from Sears Hometown and Outlet Stores, Inc. ("Sears Hometown") (NASDAQ: SHOS) of the Sears Outlet business and Buddy's Home Furnishing stores of Sears Hometown ("Sears Outlet business"). This transaction continues the strategic transformation of Franchise Group, including building a franchising platform that is intended to complement and diversify Franchise Group's current businesses and operations.
The Sears Outlet business is designed to provide customers with in-store and online access to new, one-of-a kind, out-of-carton, discontinued, reconditioned, overstocked, and scratched and dented products across a broad assortment of merchandise categories, including home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools, at prices that are significantly lower than list prices. The unique portfolio of the Sears Outlet business retail stores and its distribution capabilities adds complementary products and sales channels that will enable the Company to offer high-quality home goods to consumers across the nation, while also offering unique value propositions. With the addition of the Sears Outlet business, the Company's store portfolio now includes over four hundred retail locations across its various brands and platforms, with a combination of Company operated and franchisee operated stores.
The acquisition of the Sears Outlet business is an important step forward in the evolution of Franchise Group's strategic objectives, as it follows the July 2019 acquisition of Buddy's Home Furnishings.
Andrew Laurence, the Company's Executive Vice President and Chairman of Franchise Group's Board of Directors, said, "We welcome the Sears Outlet management team and its employees to Franchise Group. We believe the Sears Outlet team will be a great addition to our company and will assist us in achieving our long-term strategy. This acquisition demonstrates our ability to enhance our portfolio of operating businesses and brands at attractive valuations".
In connection with and immediately following the closing of the acquisition of the Sears Outlet business, and as previously announced, A-Team Leasing became a franchisee of 5 Sears Outlet business locations and an existing franchisee of Buddy's Home Furnishings acquired the 9 Buddy's Home Furnishing locations that were acquired together with the Sears Outlet business from Sears Hometown.
About Franchise Group, Inc.
Franchise Group, Inc. (OTC PINK: FRGA) is an operator and acquiror of franchised and franchisable businesses that it can scale using its operating expertise. Franchise Group owns and operates Liberty Tax Service, Buddy's Home Furnishings and the Sears Outlet business. Additionally, the Company announced in August 2019 the proposed acquisition of The Vitamin Shoppe, Inc. by the Company, which is expected to close prior to the end of calendar 2019. Liberty Tax Service operates in the U.S. and Canada and prepared approximately two million individual income tax returns in more than 3,100 offices and online last year. Buddy's Home Furnishings is a specialty retailer engaged in the business of leasing and selling consumer electronics, residential furniture, appliances and household accessories.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, projections, predictions, expectations, or beliefs about future events or results and are not statements of historical fact. Such statements also include statements about the Company's completion of its pending acquisition of The Vitamin Shoppe, Inc. Such forward-looking statements are based on various assumptions as of the time they are made, and are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are often accompanied by words that convey projected future events or outcomes such as "expect", "believe", "estimate", "plan", "project", "anticipate", "intend", "will", "may", "view", "opportunity", "potential", or words of similar meaning or other statements concerning opinions or judgment of the Company or its management about future events. Although the Company believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results, performance, or achievements of the Company will not differ materially from any projected future results, performance or achievements expressed or implied by such forward-looking statements. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, many of which are beyond the control of the Company. We refer you to the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's Annual Report on Form 10-K for the year ended April 30, 2019, and comparable sections of the Company's Quarterly Reports on Form 10-Q and other filings, which have been filed with the SEC and are available on the SEC's website at www.sec.gov. All of the forward-looking statements made in this press release are expressly qualified by the cautionary statements contained or referred to herein. The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on the Company or its business or operations. Readers are cautioned not to rely on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made and the Company does not undertake any obligation to update, revise or clarify these forward-looking statements, whether as a result of new information, future events or otherwise.
INVESTOR RELATIONS CONTACT:
Andrew F. Kaminsky
EVP & Chief Administrative Officer
Franchise Group, Inc.
akaminsky@franchisegrp.com
(914) 939-5161

text: Franchise Group, Inc.

text: Sears Outlet Business

text: Sears Hometown and Outlet Stores, Inc

text: Franchise Group, Inc.

text: Sears Hometown and Outlet Stores, Inc

text: Sears Outlet business

text: Buddy's Home Furnishing

text: Sears Outlet business

text: Sears Outlet business

text: Sears Outlet business

text: Sears Outlet business

text: Sears Outlet business

text: Sears Outlet business

text: Sears Outlet business

text: Buddy's Home Furnishing

text: Sears Outlet business

text: Franchise Group, Inc.

text: Franchise Group, Inc.

text: Sears Outlet business

text: Franchise Group, Inc.


text:
EX-99.5
6
turv20121102exh995.htm
DIONISIO THIRD AMENDMENT
turv20121102exh995.htm
Exhibit 99.5
Third Amendment to the Master Agreement
October 31, 2012
This is a Third Amendment (the "Second Amendment") to that certain Master Agreement dated the 12st day of April, 2012 and to the First Amendment to Master Agreement and Second Amendment (collectively the "Agreement"), both also dated April 12, 2012 all of which are executed by and among R&S Dionisio Real Estate and Equipment, LLC, a Colorado limited liability company ("R&S"), Dionisio Produce & Farms, LLC, a Colorado limited liability company ("DPF") and Russell L. Dionisio ("Dionisio") on the one hand and hereinafter referred to collectively as "Seller" and TR Bessemer, LLC, a Colorado limited liability company (hereinafter "Buyer" or "TR Bessemer"), a wholly-owned entity of Two Rivers Water Company, a Colorado corporation ("TRWC"), on the other hand.
Seller and Buyer are individually referred to hereinafter as a "Party" and collectively as the "Parties." To the extent of any inconsistencies between the terms of this Third Amendment and the Agreement, the terms of this Third Amendment shall control.
Recital
In the First Amendment, the Parties split the closing, as originally defined in the Master Agreement, into two phases. The first phase was closed on June 15, 2012. The second phase is scheduled to close October 31, 2012. The Parties wish to extend the closing date of the Master Agreement, and more specifically the closing dates of the second phase as defined in the First Amendment, to November 2, 2012.
Agreement
In consideration of the foregoing Recital which is incorporated herein by this reference and the covenants contained herein, the Parties agree as follows:
1.
The closing date of the second phase, as defined in the First Amendment, shall be extended to November 2, 2012.
SELLER:
R & S Dionisio Real Estate and Equipment, LLC, a Colorado limited liability company
By:/s/ Russ Dionisio
Title: Managing Member
Dionisio Produce & Farms, LLC a Colorado limited liability company
By: /s/ Russ Dionisio
Title: Managing Member
BUYER:
TR Bessemer, LLC
By: /s/ Wayne Harding
Title: Manager
TRWC, INC.
,
a Colorado corporation d/b/a
Two Rivers Water Company
By: /s/Wayne Harding
Its: CFO

text: Dionisio Produce & Farms, LLC

text: Russell L. Dionisio

text: TR Bessemer, LLC

text: Dionisio Produce & Farms, LLC

text: TR Bessemer, LLC


text:
EX-99.1
2
glla_ex991.htm
PRESS RELEASE
glla_ex991.htm
Exhibit 99.1
GILLA CLOSES ACQUISITION OF CRAFT VAPES E-LIQUID BRAND
LOS ANGELES, CALIFORNIA - (November 3rd, 2015) -
Gilla Inc.
("Gilla" or the "Company") (OTCQB: GLLA), a designer, marketer and manufacturer of E-liquids for vaporizers and related accessories, is pleased to announce that the Company has closed the acquisition of all of the assets of 901 Vaping Company LLC (the "Vendor"), which includes Craft Vapes, a premium E-liquid brand available at
www.craftvapes.com.
The Company has acquired all of the assets, rights and title to own and operate the Craft Vapes, Craft Clouds, and Miss Pennysworth's Elixirs E-liquid brands (collectively, "Craft Vapes") available online and in vape shops in the United States, the United Kingdom and France.
At closing, Gilla issued to the Vendor one million shares of its common stock at $0.15 per share for a total value of $150,000. Gilla also paid the Vendor $23,000 in cash for inventory and equipment, and also agreed to a tiered quarterly earn-out based on the gross profit stream of the acquired brands up to a maximum of 25% of such stream.
The Vendor has had tremendous success with limited manufacturing capacity and buying power. Trailing twelve months revenue was $215,000 at gross margins of approximately 60%. Key members of the Craft Vapes' team have also joined Gilla as full time employees with responsibilities beyond that of just building and growing the Craft Vapes' brands. Megan Teske and Dave Alston have joined the Company as Director of Product Development/Operations and Vice President of Product Development respectively. Their responsibilities will also include organically broadening the Gilla portfolio of E-liquid brands and proprietary recipes.
"I would like to welcome Dave and Megan to the Gilla team and we look forward to working with them on the continued success of Craft Vapes and the growth of the new and exciting brands we have under development", stated J. Graham Simmonds, Chairman and CEO of Gilla Inc. He added, "We continue to execute on our acquisition and growth plans as we strive to build the largest portfolio of E-liquid brands in the industry".
About Craft Vapes
Craft Vapes is a Los Angeles based brand founded in 2013. The Craft Vapes E-liquid has been meticulously hand crafted to the highest of standards to produce flavors for every taste and occasion.
For more information, please visit
craftvapes.com
About Gilla Inc.
Gilla Inc. manufactures, markets and distributes E-liquid, which is the liquid used in vaporizers, E-cigarettes, and other vaping hardware and accessories. E-liquid is heated by the atomizer to deliver the sensation and taste of smoking. Gilla has a two-pronged business model: Custom E-liquid Manufacturing, including private label solutions, E-Liquid flavoring and fulfilment services; and Marketing & Online Services, including branding, marketing, sales support, and e-commerce solutions
.
Gilla's channels to market include private
label for convenience stores, vape shops and online retail. The Company also owns and operates the VaporLiq and Charlie's Club monthly subscription-based delivery services for vaping products. Vaporizers and E-cigarettes are replacements for traditional cigarettes allowing smokers to reproduce the smoking experience. Vaporizers and E-cigarettes do not burn tobacco and are not smoking cessation devices.
Forward-looking Statements
Note: This press release contains "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Gilla Inc. cannot provide assurances that the matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company's ability to retain key management and employees; intense competition and the company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in Gilla Inc. SEC filings. Gilla Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with Gilla Inc.'s business, please refer to the risks and uncertainties detailed from time to time in Gilla Inc.'s SEC filings.
For more information, please visit
gillainc.com
, or contact:
Mr. Dillon Heins
Director of Corporate Development
w: 1 (218) 839
-
9051
email:
dillon@gillainc.com
website:
www.gillainc.com
twitter:
@gillainc

text: GILLA

text: CRAFT VAPES E-LIQUID BRAND

text: Gilla Inc.

text: Gilla

text: Vaping Company LLC

text: Craft Vapes

text: E-liquid brand

text: Craft Vapes

text: Craft Vapes

text: Gilla

text: Gilla

text: Craft Vapes

text: Gilla

text: Craft Vapes

text: Gilla

text: Gilla

text: Craft Vapes

text: J. Graham Simmonds

text: Gilla Inc.

text: Craft Vapes

text: Craft Vapes

text: Gilla Inc.

text: Gilla Inc.

text: Gilla

text: Gilla

text: Gilla Inc.

text: Gilla Inc.

text: Gilla Inc.

text: Gilla Inc.

text: Gilla Inc.

text: Dillon Heins


text:
EX-99.1
7
ex99-1.htm
Blue
Star Foods Corp. Announces Acquisition of Coastal Pride Company, Inc.
Miami,
Florida - December 2, 2019 - Blue Star Foods Corp. ("Blue Star" the "Company", "we,"
"us", and "our"), a sustainable seafood company, announced today that, through its operating subsidiary
John Keeler & Co., Inc., it has acquired Coastal Pride Company, Inc. ("Coastal Pride"), a seafood company that
specializes in importing pasteurized and fresh crabmeat primarily from Mexico and Latin America and selling premium branded label
crabmeat to a diversified customer base throughout North America. The Company is based in Beaufort, South Carolina.
"Blue
Star has a long-term strategy to build a vertically integrated, geographically diverse, multi-species, sustainable seafood company.
We took great care in determining which company we should partner with first, and we believe Coastal Pride is the ideal first
acquisition for our company. The Lubkin family has been running Coastal Pride for two generations lead by their patriarch, Walter
Lubkin Jr., who has created an impressive company that we can build upon. We believe Coastal Pride has developed tremendous value
in their brands, including Lubkin's Coastal Pride, Lubkin's First Choice and Lubkin's Good Stuff, which are
known in our industry as premium and well-respected products", said the Company's Chairman and CEO, John Keeler.
Mr.
Keeler added, "Blue Star has traditionally been very strong in providing consistent and premium Portunus species from Southeast
Asia to the marketplace and Coastal Pride has been very strong in their sourcing of Callinectes species from Mexico and South
America. On a combined basis, we expect to be a one-stop-shop for customers who want major categories of pasteurized & fresh
crabmeat under the same umbrella".
"We
are going to continue to independently manage our business, but there are obvious operating and financial synergies that we believe
will make our two companies stronger. These synergies can be found throughout the value chain, from sourcing, processing, financing,
compliance, traceability and sales", said Frank Lubkin, Coastal Pride's President. He added, "We were also impressed
with Blue Star's technology platform, which has certain business analytics that we think can help us grow our business faster
with a clearer picture on how to navigate this marketplace".
"We
are excited about partnering with Blue Star and believe in the long-term vision of what Blue Star is trying to build in the public
markets. The majority of the consideration paid to Coastal Pride was in the form of equity in Blue Star, so our family and employees
are now shareholders in the combined company", said Tracey Lubkin Greco, Coastal Pride's Chief Financial Officer.
The
acquisition of Coastal Pride Company, Inc. was financed through a combination of cash, promissory notes and shares of Blue Star
stock. Newbridge Securities Corporation acted as the Exclusive M&A Advisor to Blue Star and The Crone Law Group, P.C. acted
as the Company's legal counsel.
About
Blue Star Foods Corp.
Blue
Star Foods Corp. is a sustainable seafood company that processes, packages and sells refrigerated pasteurized Blue Crab meat,
and other premium seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability
management and traceability, and ecological packaging. Its products are currently sold in the United States, Mexico, Canada, the
Caribbean, the United Kingdom, France, the Middle East, Singapore & Hong Kong. The Company is based in Miami, Florida (United
States), and its corporate website is:
http://www.bluestarfoods.com
.
About
Coastal Pride
Coastal
Pride specializes in importing pasteurized and fresh crabmeat that it sources primarily from Mexico and Latin America and selling
premium branded label crabmeat to a diversified customer base throughout North America. Two generations of the Lubkin family have
been operating the company since the company was founded in 1990. Coastal Pride has several premium brands including Lubkin's
Coastal Pride, Lubkin's First Choice and Lubkin's Good Stuff as well as being the exclusive wholesaler of the Pacific
Blue brand. The company is based in Beaufort, South Carolina (United States), and its corporate website is:
https://www.coastalpride.com
.
Contacts
Constantino
Gutierrez | Newbridge Securities Corporation
cgutierrez@newbridgesecurities.com
| Office: (480) 207-1824
Safe Harbor
This
press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief, or current expectations of Purebase Corporation and members of its
management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees
of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated
by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from
those anticipated are discussed throughout the Company's reports filed with Securities and Exchange Commission which are
available at www.sec.gov as well as the Company's web site at
http://www.bluestarfoods.com
. The Company undertakes
no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events
or changes to future operating results.

text: Star Foods Corp.

text: Coastal Pride Company, Inc.

text: Blue Star Foods Corp.

text: John Keeler & Co., Inc.

text: Coastal Pride Company, Inc.

text: Coastal Pride Company, Inc.

text: Newbridge Securities Corporation

text: The Crone Law Group

text: Blue Star Foods Corp.

text:
Blue
Star Foods Corp.

text: Newbridge Securities Corporation