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February 8, 2024 11:28 AM
EDT
SANTA ANA, CA

True Colors International Announces Launch of True Colors Emotional Intelligence Training

True Colors® International, a company that specializes in providing innovative training solutions for the workplace, is thrilled to announce the launch of its latest offering: True Colors® Emotional Intelligence Training. This comprehensive program aims to equip individuals with the essential skills needed to enhance emotional intelligence in the workplace, leading to improved communication, collaboration, and overall success.

Why is having emotional intelligence (EI) essential in the workplace? Because it allows us to accurately understand and respond to nonverbal cues, adjust our actions appropriately, stay motivated, make informed decisions, demonstrate empathy towards coworkers and customers, and develop vital leadership abilities. 

In today's fast-paced and dynamic work environment, the importance of emotional intelligence cannot be overstated. Teams whose members possess high levels of EI are proven to perform better, experience increased job satisfaction, and enjoy better employee retention rates.

"Our new True Colors® Emotional Intelligence Training goes beyond theory, providing practical tools and strategies that individuals can apply immediately to improve their interactions, empathy, and overall workplace effectiveness," said Dr. Bill Behrens, True Colors® International President and Master Trainer. 

True Colors® Emotional Intelligence training goes beyond the typical EI training programs available in the market. By leveraging their expertise in psychology and human behavior, True Colors® has developed a unique curriculum that combines interactive workshops, practical exercises, and real-life scenarios to provide participants with a transformative learning experience. This training program not only focuses on enhancing self-awareness and empathy but also emphasizes the development of effective communication, conflict resolution, and leadership skills.

Looking ahead, True Colors® plans to expand its training offerings by introducing specialized modules tailored to different industries and job roles. They are committed to continuously improving and updating their training programs to ensure they stay at the forefront of the ever-evolving workplace landscape.

To learn more about True Colors® Emotional Intelligence Training and other training solutions, please visit https://www.truecolorsintl.com.

About True Colors® International

For over 45 years, True Colors® has been a global leader in training and development. With an unwavering commitment to reshaping organizational cultures through personal and professional development, we focus our efforts on your most important asset—your people. Our talent acquisition and development programs offer a unique approach to identifying and enhancing individual capabilities to unleash the full potential of your team. For more information, visit: https://www.truecolorsintl.com.

Media Contact

Maria Alithinos

813-784-2006

malithinos@truecolorsintl.com

February 8, 2024 10:00 AM
EDT
SEATTLE, WA

Bold Reuse Expands in Seattle with New Partners, Reuse Washing Facility, and Job Creation

Bold Reuse, a leader within the reusable packaging platform space, is thrilled to announce new partnerships and an expansion of services and jobs in Seattle. This initiative aims to further reduce single-use foodware, educate students about the circular economy, and support job growth within the region. New customers launching this quarter in the region include an additional 6 schools within Seattle Public Schools, Seattle Academy, and Lish, Inc

The Seattle Public Schools expansion is a testament to the success and positive impact of Bold Reuse's ongoing partnership with Denny International Middle School. Denny’s students and faculty are defining what’s possible for successful reuse programs within schools—eliminating 26,000 single-use items with an astounding 99.5% return rate since September. 

Bold Reuse will also launch its reuse platform with Seattle Academy, an independent middle and high school in Capitol Hill. The introduction of reusables has been made possible through the dedicated interest and advocacy of Seattle Academy senior, Griffin Schwartz. Griffin's commitment to sustainability serves as an inspiring example for the community and reflects how the power of a single advocate can make a meaningful change. 

"In just one year of implementing reuse, we'll prevent 50,000 plates from being wasted in just the Middle School. It's been amazing to see how many administrators got on board when they understood the environmental impact of partnering with Bold Reuse," said Schwartz. "I can't wait to see how Seattle Academy's community becomes more passionate and involved as we work together over a common environmental good, starting on February 5th."

In addition to expanding reuse to more schools, Bold Reuse will also support local corporate catering company Lish in transitioning to reusable foodware due to increased demand for reusables from their corporate clients. With the Bold Reuse platform, Lish will start to offer zero-waste corporate catering in February 2024. 

"Our clients have been demanding reusables for their corporate catering for a long time. However, operationally, it was very difficult and cost-prohibitive to scale durables," said Mike Waters, COO at Lish, Inc. "We’re thrilled to be partnering with Bold Reuse to reduce waste in corporate catering at scale."

To support this expansion, Bold Reuse has invested in a dedicated reuse washing facility in Seattle’s Chinatown-International District, demonstrating its commitment to the region. This investment not only strengthens Bold Reuse's presence but also contributes to the creation of more sustainable jobs in the downtown corridor. The company is actively hiring in the Seattle area, providing opportunities for individuals who share a passion for reuse and sustainability. 

"We are excited to bring our reusable foodware program to more schools in Seattle and contribute to building vital reuse infrastructure in Seattle," said Jocelyn Quarrell, CEO at Bold Reuse. "The addition of new Seattle Public Schools locations, Seattle Academy, and Lish Food to our movement showcases the power of community-driven sustainability. We are also thrilled to be creating job opportunities in Seattle, furthering our commitment to local economic growth."

About Bold Reuse

Bold Reuse is on a mission to end single-use packaging waste. We make transitioning to reuse easy and affordable, providing a premium guest experience while reducing waste. The Portland Timbers, Portland Trail Blazers, Oregon Convention Center, Starbucks, and Imperfect Foods have trusted Bold Reuse to implement and scale their reuse systems, diverting nearly 4 million pounds of single-use products from landfills. For more information, visit https://www.boldreuse.com.

Media Contact

Mya Manibusan

mya@boldreuse.com

February 8, 2024 9:00 AM
EDT
NEW YORK, NY

Roberts & Ryan, America's First Service-Disabled Veteran-Owned (SDVO) Broker-Dealer, Is Pleased To Welcome Mark DeVito as Its Newest Managing Director

Mr. DeVito joins Roberts & Ryan as a seasoned business veteran, whose 35-year career has included leadership roles in investment banking, corporate finance, capital market transactions, alternative investments, and corporate boards. Prior to joining Roberts & Ryan, Mr. DeVito was Managing Director of the Global Investment Banking Group at Bank of America Securities, where he developed key client relationships and originated investment banking transactions.

Before Bank of America Securities, Mr. DeVito was Managing Partner at JCS Partners LLC. Prior to that, he was Managing Director of Global Energy and Power Investment Banking at Merrill Lynch. Additionally, while at Merrill Lynch, he was the Global Head of their Alternative Investments Group and Managing Director of their Debt Capital Markets Group. Prior to that, he was Senior Vice President of Investment Banking and Capital Markets at Lehman Brothers and Assistant Vice President at Shearson Lehman Hutton.

Mr. DeVito served as a member of the Board of Directors of Nextremity Solutions, the Board of Trustees of Rumson Country Day School and the Executive Board of Family and Children’s Services.

When asked to share his thoughts on Roberts & Ryan's latest appointment, Chief Executive Officer Ed D'Alessandro remarked, “I am very excited to welcome Mark to our team. His extensive experience and distinguished investment banking career will be a tremendous asset to Roberts & Ryan. Mark is committed to our social mission of supporting Veterans and their families, and his investment banking experience will be instrumental in helping us grow. We are truly fortunate to have someone of Mark’s caliber join our team to help us get to the next level.”

Mr. DeVito is a graduate of Fordham University’s Gabelli School of Business, where he received an MBA in Finance, and a graduate of Seton Hall University, where he received a BA in Finance.

About Roberts & Ryan

Roberts & Ryan, Inc. is a Service-Disabled Veteran Owned (SDVO) broker-dealer with execution capabilities in the capital markets, equities, and fixed-income trading. The firm was founded in 1987 by a United States Marine Corps Vietnam combat veteran and Purple Heart recipient.

With over $1.8 million in committed donations, Roberts & Ryan is active in donating to charitable foundations that make significant positive impacts in the lives of Veterans and their families, primarily focusing on general wellness, mental health, and career transition. To learn more about Roberts & Ryan, please visit www.roberts-ryan.com.

Media Contact

Michael C. Del Priore

+1 646-859-4061

mdelpriore@roberts-ryan.com

February 8, 2024 9:00 AM
EDT
ST. PAUL, MN

Comcast Opens Latest Xfinity Store in Eden Prairie, Minnesota

Comcast today announced the opening of its newest Twin Cities area Xfinity Store in Eden Prairie, Minnesota. Located off bustling Commonwealth Drive, the space is thoughtfully designed with the customer experience at the forefront, providing an opportunity to explore and interact directly with the latest Xfinity products and services. The store is located at 8266 Commonwealth Dr, Eden Prairie, MN 55344, and is now open to the public.

This opening marks the 15th Xfinity Store in the Twin Cities metro area. With a modern and open environment that highlights Comcast’s entertainment and technology offerings, the new store encourages customers to work with dedicated store employees and interact with the latest Xfinity products. Products range from internet, video, connected home solutions, Xfinity Mobile, a flexible and affordable wireless plan, and Comcast Business solutions, including new mobile offerings for any size business. The store is equipped to host live demos and provide hands-on account management services. Customers can also conveniently book appointments online ahead of time through Xfinity’s website.

“We are happy to welcome Comcast to Eden Prairie as the location for their newest Xfinity store,” said Pat MulQueeny, President of the Eden Prairie Chamber of Commerce. “The Chamber knows how important access to the newest technology is, and with the store’s prime location, it is easier than ever for Eden Prairie customers to access the latest technology and stay connected.”

Comcast has also further invested in the Eden Prairie community by donating $5,000 to the Eden Prairie Crime Prevention Fund for their annual youth Safety Camp, where children learn about safety from local police, fire, and recreation departments.

“We are thrilled to bring this new state-of-the-art store to Eden Prairie,” said Rachel Johnson, vice president, Sales and Marketing, Comcast Midwest. “Xfinity’s unprecedented coverage is only getting faster, smarter and more reliable, and it is exciting to see more and more communities taking advantage of our unmatched products and services.”

The store is open daily from 10:00 a.m. to 8:00 p.m., Monday through Saturday and 11:00 a.m. to 6:00 p.m. on Sunday.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

Media Contact

Jill Hornbacher

+1 651-425-1695

Jill_Hornbacher@comcast.com

February 8, 2024 8:45 AM
EDT
NAPA, CA

CIA Wine & Beverage Summit Returns to Napa

For the first time in four years, the Culinary Institute of America’s Wine & Beverage Summit—a three-day gathering of the beverage industry’s best and brightest—returns to the CIA at Copia May 5–7. Featuring everything from immersive tastings to in-depth dialogue on the state of wine education, innovative career paths, and increasing both business savvy and financial fluency, the conference will welcome recognized wine experts and rising stars alike. It is ideal for junior and mid-level industry professionals looking to grow their knowledge and advance their careers.

“We are thrilled to bring back this incredible event with a focus on professional development,” said Maryam Ahmed, consulting program director. “Attendees can expect a truly enriching experience. Unlike larger conferences where one-way presentations are the focus, this summit was deliberately crafted to be a smaller, more intimate gathering so attendees can interact directly with the presenters and each other during breakout sessions and receptions.”

Among the esteemed beverage experts and presenters are: Emily Wines, certified master sommelier, and vice president of wine experience at Coopers Hawk Winery and Restaurant; Erik Segelbaum, founder and chief vinnovation officer at SOMLYAY, LLC; TJ Douglas, CEO and founder of the Drink Progressively Group; and Andrea Robinson, master sommelier, author, and consultant to Delta Airlines and Norwegian Cruise Line.

The conference also serves as one of the residency sites for CIA Wine and Beverage Management master’s degree students, who will attend as part of their program.

For more information or to view the full program schedule, visit ciabevpro.com.

About The Culinary Institute of America

Founded in 1946, The Culinary Institute of America is the world’s premier culinary college. Dedicated to developing leaders in foodservice and hospitality, the independent, not-for-profit CIA offers associate, bachelor’s, and master's degrees with majors in culinary arts, baking & pastry arts, food business management, hospitality management, culinary science, and applied food studies. The college also offers executive education, certificate programs, and courses for professionals and enthusiasts. Its conferences, leadership initiatives, and consulting services have made the CIA the think tank of the food industry and its worldwide network of more than 50,000 alumni includes innovators in every area of the food world. The CIA has locations in New York, California, Texas, and Singapore. For more information, visit www.ciachef.edu.

Media Contact

Amanda Secor

+1 845-451-1457

amanda.secor@culinary.edu

February 7, 2024 7:53 AM
EDT
SAN FRANCISCO, CA

Duetto Acquires Micerate; A Dynamic Pricing and Booking Engine for Meetings and Events

Duetto, a global leader in revenue management systems, proudly unveils the successful acquisition of Micerate, a leading provider of dynamic pricing and online booking tools tailored for meetings and event spaces. This strategic milestone underscores Duetto's unwavering dedication to dynamic revenue management solutions, with a heightened focus on the groups and events sector, solidifying its position as an industry leader adept at meeting the diverse needs of the hospitality landscape. Founded in Germany, Micerate brings a wealth of expertise, dedicated to delivering specialized solutions that elevate meeting space profitability and streamline booking efficiency for its valued clients.

Key features of the Micerate platform:

  • Strategic Revenue Optimization: Dynamic pricing of event spaces empowers hoteliers to strategically map pricing and control capacities for hotel event and meeting space. The algorithm-based pricing isn't just about numbers; it's a sustainable boost to event and meeting space sales, ensuring Duetto customers stay ahead in a competitive market.

  • Effortless Sales Empowerment: Revolutionize the meeting and event space quoting process with an intuitive quote generator, making the creation of quotes and function sheets easier. Hoteliers can engage customers dynamically during the quote creation process, creating not just transactions, but meaningful connections that drive conversions.

  • Tailored Online Event Sales Experience: Hoteliers can elevate their online presence with a personalized meeting and event space booking engine, seamlessly integrated onto their brand site. This personalized tool not only maximizes event revenue but also champions efficiency, a dual focus that underscores Duetto's commitment across its entire product suite.

Investment in revenue technology has continued to grow year on year with the 2024 Duetto annual trends and predictions report showing again that hotel technology spending continues to increase. 71.4% of those surveyed predict that hotel technology spend will continue to increase over the next three years, with the key focuses being on price automation and group optimization.

In a triumphant year marked by resilience and growth, Duetto experienced robust expansion across key markets, with a noteworthy highlight being record-breaking growth in the Asia Pacific region. Duetto's unwavering commitment to innovation and providing cutting-edge solutions has solidified its position as a preferred partner for hotels and casinos worldwide, adding 200,000 hotel rooms to the platform in 2023 alone.

Quotes:

“Duetto is built on innovation, constantly staying ahead of the market to ensure our customers maintain a consistent competitive advantage. The addition of Micerate to our platform is incredibly important as it aligns seamlessly with our vision. Beyond dynamically pricing groups and events for increased revenue, Micerate introduces a sophisticated booking engine directly integrated into the hotel's brand site, streamlining operations and saving valuable time for meetings and event teams. Our customers seek three essential elements from Duetto: enhanced revenue generation, precise forecasting, and operational efficiencies—Micerate delivers on all fronts.”

David Woolenberg, CEO, Duetto

“This acquisition represents another milestone for Duetto, positioning us for continued growth in our sector. Our robust financial position, marked by steady revenue growth, profitability, and a strong balance sheet, provides us with a platform for sustained success in an ever-evolving market. This strategic move not only contributes to our inorganic growth but also underscores our confidence and capability to pursue further opportunities.”

—Vishal Save, CFO, Duetto

“Micerate brings exceptional capabilities in managing and booking function space to the Duetto family. It complements and expands Duetto BlockBuster to comprehensively deliver a solution for groups, meetings, and events. Together, Duetto and Micerate empower sales and revenue teams with an unparalleled suite of tools, enhancing revenue and efficiency. This strategic integration enables the workflow collaboration, analytics, and visibility to drive alignment and execution between the Sales and Revenue Management functions for our customers while highlighting Duetto's deep commitment to delivering innovative best-in-class solutions for group management.”

Darren Koch, CPO, Duetto

“As someone who has dedicated their entire career to hospitality, this collaboration with Duetto marks an exciting next step. Joining forces with a global player that aligns with our values of ease-of-use and exceptional customer service is not just a strategic move; it's a testament to our shared vision for the industry. I am genuinely excited about the possibilities ahead, as we continue our journey of innovation and dedication to maximizing revenue for hotels.”

—Gerhard Wasem, Micerate

About Duetto

Duetto delivers a suite of SaaS cloud-native applications for hospitality businesses to optimize every booking opportunity for greater revenue impact. The unique combination of hospitality experience and technology leadership drives Duetto to look for innovative solutions to industry challenges. The software as a service platform allows hotels, casinos, and resorts to leverage real-time dynamic data sources and actionable insights into pricing and demand across the enterprise.

More than 4,000 hotel and casino resort properties in more than 60 countries have partnered to use Duetto’s applications, which include GameChanger for pricing, ScoreBoard for intelligent reporting, and BlockBuster for contracted-business optimization.

Duetto was named the world's #1 revenue management system in 2022, 2023, and 2024 in the HotelTechAwards.

For more information, please visit https://www.duettocloud.com/

About Micerate

Selling function spaces and banquet rooms more innovatively with efficient, revenue-optimized sales processes.

Media Contact

Katrina Wheeler

katrina.wheeler@duettoresearch.com

February 7, 2024 7:00 AM
EDT
LOS ANGELES, CA

Kava Coalition Celebrates Hawaii’s Kava GRAS Determination and Promotes Responsible Innovation

Today, The Kava Coalition applauded the Hawaii State Department of Health for its recent recognition of traditional kava's rich history and cultural significance, as reflected in the Generally Recognized As Safe (GRAS) determination. This significant decision marks a positive step for the kava industry and underscores the importance of preserving and celebrating the heritage of this cherished plant.

The Kava Coalition emphasizes the pivotal role responsible product formulations and consumption play in ensuring the safety of kava. The focus should remain on accountable practices, differentiating between inadequate quality control and untested methods prevalent in the early 2000s compared to modern extraction techniques, such as supercritical CO2 extraction and standardized aqueous methods. These methods offer a safe means of producing kava extracts and maintain a chemical profile akin to traditional kava extracts, preserving the plant's beneficial properties.

While the GRAS determination is a positive step forward, The Kava Coalition is concerned with certain exclusions that could impact the future of kava-based products.

"Though the GRAS determination is a good thing for kava, we remain concerned that the GRAS determination specifically excludes kava extracts using organic solvents from this GRAS designation,"  said Matthew Lowe, Executive Director of the Kava Coalition. "Even though certain isolated kava extracts have drawn attention in the past, it is not true that all kava extracts are unsafe. As with everything, the devil is in the detail."

Modern extraction techniques, coupled with responsible product development, can benefit consumers worldwide, opening up new markets and introducing more people to the potential benefits of kava. This, in turn, contributes positively to the economic well-being of communities and countries reliant on kava for their livelihood and economic development.

The Kava Coalition advocates for embracing tradition while acknowledging that innovation is key to unlocking the maximum benefit for kava consumers and stakeholders. Prioritizing consumer safety through research-backed practices and quality control measures is crucial.

The Kava Coalition is committed to building bridges among key stakeholders, including the kava community, consumers, healthcare professionals, policymakers, and scientists. Through collective efforts, the Kava Coalition aims to ensure that kava, in all its forms, remains accessible to those seeking its benefits. By championing rigorous quality control, adhering to good manufacturing practices (GMPs), supporting scientific research, and promoting consumer education, the Kava Coalition envisions a world where kava is celebrated and enjoyed responsibly across the globe.

About the Kava Coalition

Kava Coalition, an alliance of kava consumers, experts, and industry leaders, is committed to advancing kava education, advocacy, and choice. Coalition members aim to empower individuals to make informed decisions about kava, promoting responsible and knowledgeable consumption choices. Kava Coalition seeks to preserve Kava's history and cultural heritage. The organization promotes awareness and appreciation for kava's traditional practices and cultural significance through educational initiatives and community engagement. Simultaneously, the Coalition advocates for modern regulation that reflects current scientific knowledge, ensuring consumer safety and product integrity. Kava Coalition is dedicated to creating a future where kava is widely recognized, understood, and accessible to those who seek its benefits.

For more information about Kava Coalition and its mission, please visit: https://www.kavacoalition.org/

Facebook: https://www.facebook.com/kavacoalition/

Instagram: https://www.instagram.com/kava_coalition/

LinkedIn: https://www.linkedin.com/company/kavacoalition/

Twitter/X: https://twitter.com/KavaCoalition

YouTube: https://www.youtube.com/@KavaCoalition 

Media Contact

Matt Lowe

mlowe@kavacoalition.org

February 6, 2024 4:15 PM
EDT
JERSEY CITY, NJ

Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for January 2024

Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended January 31, 2024. An aggregate total distribution of $6.34 million or $0.084562 per trust certificate will be paid on February 12, 2024, to certificateholders of record as of February 9, 2024. This distribution is lower than the Trust’s typical monthly distribution primarily due to annual expenses paid in January, particularly insurance and Trustee fees. In addition, the Trust obtained its required semi-annual BOV’s in January.

Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net.

About Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/.

Forward Looking Statement

This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

Media Contact

Jessica Cummins, Investor Relations

+1 847-313-4755

jcummins@hilcoglobal.com

February 6, 2024 11:00 AM
EDT
SAN FRANCISCO, CA

Strategikon Closes Series A1 Funding Round to Modernize Clinical Trials Business Operations Worldwide

Strategikon, provider of cloud-based solutions that optimize and accelerate the budgeting, planning, outsourcing, and vendor management of clinical trials, has recently closed an over-subscribed $7.0M Series A1 financing round. This achievement underscores the high demand and investor confidence in Strategikon's pioneering technologies and strategic vision within the pharmaceutical sector.

The round was oversubscribed. Investments came from Osage Venture Partners, Debiopharm Innovation Fund, HearstLab, Golden Seeds, and other highly reputable investors. Strategikon serves global pharma and biotech clients across the U.S., Europe, and Japan. With this round of funding, Strategikon plans to further build out the sales, and customer success teams to support and scale growth.

"We originally invested in Strategikon in 2021 and have seen the company grow dramatically since that time while expanding their product footprint and serving some of the largest global pharma companies.  Anca Copaescu and her team have embedded deep domain knowledge into the Clinical Maestro solution and the market is rapidly responding. We are pleased to invest additional capital in the business and are excited to see the next phase of the Strategikon journey," said Nate Lentz, Managing Partner at Osage Venture Partners.

"This milestone underscores the shared belief in Strategikon's vision to redefine strategic intelligence in the pharmaceutical landscape. As we embark on this exciting journey, the trust and partnership from our esteemed investors fuels our commitment to innovation, driving us to new heights in shaping the future of strategic decision-making. Together, we are poised to amplify our impact and set a transformative course for the pharmaceutical industry, guided by a collective vision of excellence and success," commented Anca Copaescu, CEO of Strategikon.

"Debiopharm Innovation Fund is dedicated to advancing clinical development by supporting innovative solutions. We believe Strategikon has made great strides in revolutionising clinical trial operations with its unique software platform, Clinical Maestro, that transforms the way clinical trials are planned, budgeted, and sourced. By replacing outdated methods with their platform, they provide business users with actionable insights and faster processes. Together, we plan to shape a future where clinical trial operations will be revolutionised in terms of rapidity, accuracy, and efficiency," said Vincent Lepreux, Investment Principal of Debiopharm Innovation Fund.

"We have all been impressed by Anca and are excited to welcome her to the HearstLab community. She knows her business and her numbers and is forthright about the company’s key successes and challenges. Her go-to-market strategy is sensible, and she is positioned with this raise to accelerate growth globally via direct sales and partnerships with professional services organizations," says Beth Devin, HearstLab’s Co-Lead, who oversees HearstLab’s Series A investment pipeline. 

"From the beginning Golden Seeds believed in Anca and her team's ability to bring a much-needed product to the marketplace. They have listened to customers and built a company that responds to those customers. Golden Seeds has continued to reinvest in Strategikon and are pleased to see other investors joining in supporting Strategikon as it accelerates its growth," said Debra Kemper, Partner, Golden Seeds Venture Fund.

About Strategikon

Strategikon’s mission is to lower the cost and expedite the time to market of new medical treatments through built-for-purpose cloud-based solutions that improve and accelerate the planning and outsourcing of clinical trials. The company’s flagship product, Clinical Maestro®, replaces manual processes and outdated procurement tools with a modern end-to-end outsourcing management platform, while also reducing regulatory compliance risk related to vendor oversight. The system was developed and nurtured by financial and clinical business operations executives with both Sponsor and Clinical Service Provider experience. Our founders believed there had to be a better way—and so they created one.

Media Contact

Karen Wills

SVP, Marketing and Investor Relations

kwills@strategikonpharma.com

February 6, 2024 10:15 AM
EDT
NEW YORK

Salus GRC Hires Alan Knepfer as Chief Revenue Officer

Salus GRC recently welcomed Alan Knepfer as Chief Revenue Officer. Reporting to Chief Executive Officer William Mulligan, Mr. Knepfer is responsible for leading Salus GRC’s global revenue operations, with a focus on driving sales and marketing excellence and identifying strategic growth initiatives. He joins Salus GRC during an impressive period of growth. Amassing clients with over $200B in AUM over the past two quarters alone, Salus GRC has also created a collective of talented, deeply experienced, and highly respected resources in the field, with the singular mission of providing unparalleled service.

Salus GRC provides a full suite of tech-enabled Governance, Risk and Compliance ("GRC") support to private fund managers and other financial services firms, with offerings that include regulatory registration and filing services, compliance program development and ongoing support, regulatory exam assistance, compliance training and education, regulatory due diligence, and cybersecurity. Salus GRC aspires to be the employer of choice in the GRC space, attracting experienced professionals who bring a singular focus on providing the highest level of client service. Over time, Salus GRC expects to expand its service offering to include ESG, regulatory technology (RegTech), and GRC support for other industry verticals.

Mr. Knepfer brings over 25 years of experience leading, building, and reinventing scalable revenue organizations. Most recently he was the Chief Revenue Officer at RadarFirst, a Privacy Incident Management software provider. In addition, he has held numerous senior management positions including President and Chief Revenue Officer of Comodo Cybersecurity and Global Head of Sales and Customer Success at NASDAQ.

"I am thrilled to welcome Alan as our Chief Revenue Officer and member of the Executive Management Team,” said Mr. Mulligan. “With a proven track record of achieving exceptional results and building sustainable, profitable businesses, Alan is the right visionary leader to join our great team in helping drive our next phase of strategic growth at Salus GRC. His passion for Customer Success and Marketing will be invaluable as we continue to help clients maximize our tech-enabled solutions."

"Salus GRC is uniquely positioned to capitalize on a fragmented market in search of a leader," said Mr. Knepfer. "I’m thrilled to join this experienced team of industry superstars – who have each built an incredible following in this space – and to combine our efforts towards building the leading tech platform for GRC services. Our people and our collective focus are a powerful combination, positioning us well for years of growth, at an accelerated rate rarely seen in any business."

About Salus GRC

Launched in the Spring of 2023, in partnership with financial sponsor Charlesbank Capital Partners, Salus GRC provides GRC services to private fund managers, registered investment advisers, CFTC-registered managers, and broker-dealers. Offerings include regulatory registration and filing services, compliance program development and ongoing support, regulatory exam assistance, compliance training and education, and regulatory due diligence. For more information, please visit www.salusgrc.com.

About Charlesbank Capital Partners

Based in Boston and New York, Charlesbank Capital Partners is a middle-market private investment firm with more than $17 billion of capital raised since inception. Charlesbank focuses on management-led buyouts and growth capital financings, and engages in opportunistic credit and technology investments. The firm seeks to build companies with sustainable competitive advantage and excellent prospects for growth. For more information, please visit www.charlesbank.com.

Media Contact

Salus GRC

Monique Stehle

mstehle@salusgrc.com

Charlesbank

Ryan FitzGibbon / Dan Ivers / Peter Gavaris

pro-charlesbank@prosek.com

February 6, 2024 10:00 AM
EDT
WEST CHESTER, PA

Prodigy Biotech Enters Into a Partnership Agreement With Leading Cancer Center to Advance Products To Improve Outcomes in Patients Undergoing Allogenic Hematopoietic Stem Cell Transplantation

Prodigy and MSK have entered into a sponsored research agreement through the MSK Therapeutics Accelerator program to evaluate Prodigy’s product candidate for the improvement of outcomes in patients undergoing allogenic hematopoietic stem cell transplantation (allo-HCT). The MSK Therapeutic Accelerator project will be led by Jonathan Peled, MD, PhD, Assistant Attending Physician, MSK.

Through his pioneering research, Dr. Peled and his team at MSK have significantly advanced the role of the microbiome in impacting outcomes in patients undergoing allo-HCT. Dr. Peled’s work revealed that patients undergoing allo-HCT have enterococcal domination events and these domination events lead to worse overall survival and higher graft vs. host disease (GvHD)-related mortality. Dr. Peled has previously demonstrated in preclinical models that resetting the gut microbiome has profound outcomes in mitigating disease severity.

In this collaboration, Prodigy’s Enterococcus sp. neutralizing antibodies will be evaluated in preclinical models of GvHD and product candidates will be developed to move into clinical development. Furthermore, Prodigy is pleased to have Dr. Peled join and help build its allo-HCT Scientific Advisory Board (SAB).

In addition to the sponsored research, MSK will provide expertise and institutional resources through the MSK Therapeutics Accelerator to aid in the development of a drug candidate for patients undergoing allogenic hematopoietic stem cell transplantation. MSK’s Therapeutic Accelerator Program is a partnership program between MSK and technology and pharmaceutical companies to advance novel therapeutics through all stages of drug development. The program brings together innovative healthcare companies with MSK’s community of clinical and scientific experts to establish groundbreaking collaborations that can have a tangible impact on treatment or management of cancer.

Satish Chandran, CEO of Prodigy said, “We are delighted to collaborate and partner with MSK’s Therapeutic Accelerator Program and Dr. Peled to develop product(s) for patients undergoing allo-HCT. Given the significant morbidity and mortality associated with the disease, it is incumbent upon all of us to find solutions that have the potential to save lives and restore normalcy to these patients. We have been very pleased with the robust preclinical proof-of-concept data of our product PROD-AH-001, (Hepatology, 2023) for alcoholic hepatitis which is currently being readied for an IND submission with the FDA.”

Dr. Jonathan Peled of MSK said, "Patients who are treated with allo-HCT experience the most extreme microbiome injuries observed in any clinical setting. There is an urgent need to develop approaches that can mitigate this and prevent the expansion of potentially pathogenic bacteria. We hypothesize that attenuating the expansion of Enterococcus within the gastrointestinal tract will prevent bloodstream infections with this bacterium and potentially also ameliorate GVHD.”

Dr. Chandran presented information about this important new collaboration at the MSK Life Sciences Innovation Summit in New York City on January 26, 2024.

About Allogenic Hematopoietic Stem Cell Transplantation

Allo-HCTs have a chance to cure malignancies but are associated with high rate of complications and mortality. Allo-HCT can lead to various complications, affecting different organs due to the intense conditioning regimen and introduction of foreign immune cells. A significant concern after allo-HCT is graft-versus-host disease (GvHD), where the donor's immune cells mount an attack against the recipient and is a major cause of morbidity and non-relapse mortality in this patient population. There is a clear need of therapies that are able to improve outcomes in patients undergoing allogenic hematopoietic stem cell transplantation.

About Prodigy Biotech, Inc.

Prodigy Biotech is a privately held biopharmaceutical company focused on developing products using its polyclonal Immunoglobulin Y technology to selectively edit the microbiome while avoiding deleterious effects to the commensal microflora. The versatility of avian antibodies, IgY, allows for pathogen- specific neutralization capabilities not only to bacteria but also viruses, fungi, endotoxins, and even human secreted proteins such as cytokines and chemokines. A target agnostic approach and strategic collaborations with leading researchers in the microbiome field has allowed Prodigy to build a diverse pipeline ranging from modulating the gut microbiome in alcoholic liver disease (ALD) to modulating the lung microbiome in chronic obstructive pulmonary disease (COPD).

Cautionary Note on Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. We may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from our current expectations. Any forward-looking statements that we make in this press release speak only as of the date of this press release. Except as required by law, we assume no obligation to update forward-looking statements contained in this press release whether as a result of new information, future events or otherwise, after the date of this press release.

Media Contact

Satish Chandran

satish.chandran@prodigybiotech.com

February 6, 2024 8:30 AM
EDT
ALEXANDRIA, VA

Prominent Black Tech Startup Founders Angel N. Livas and Yusuf Henriques Celebrate Engagement

Leaders in the tech industry, Angel N. Livas and Yusuf Henriques, celebrated their engagement with an exclusive party, bringing together esteemed guests including Maya Rockeymoore Cummings, Charrisse Jackson-Jordan among others. This event marked a momentous occasion for these distinguished tech founders as they embark on their journey towards matrimony.

Angel N. Livas, renowned founder and CEO of the ALIVE Podcast Network, is revolutionizing the podcasting industry through a proprietary app (available for iOS and Android) that's empowering underrepresented voices and helping them maintain ownership and monetize their content.

Yusuf Henriques, esteemed founder and CEO of IndyGeneUS AI, a genomics company specializing in enhancing research and development capabilities through increased diversity in genetic and clinical research. These two have captured the attention of the entrepreneurial world with their innovative ventures. Henriques' commitment to advancing genomics research aligns perfectly with Livas' mission to uplift underrepresented voices and communities. This latest chapter in their lives, their engagement, promises to be as groundbreaking and inspiring as their respective careers.

Both Livas and Henriques share a deep connection beyond their entrepreneurial journeys. They proudly hail from Howard University, an institution known for fostering excellence and producing visionaries. The couple's shared alma mater has undoubtedly played a vital role in their success and has shaped their unique perspectives in the tech industry.

As they embark on this exciting new chapter in their lives, Livas and Henriques remain focused on their professional pursuits while planning for their future together. While a wedding date has not been set, the couple has set their sights on August 2025 for their nuptials, promising an affair that will undoubtedly leave an indelible imprint on the tech and entrepreneurial communities.

Media Contact

Ashley Todd

content@alivepodcastnetwork.com

February 6, 2024 2:20 AM
EDT
DA NANG, Vietnam

First Real JSC Enters Into an Investment Commitment for USD 10,000,000/ VND with High West Capital Partners

FIR VN (the "Company"), well known as First Real JSC, is pleased to announce that it has entered into a strategic investment commitment with High West Capital Partners, a leading global investment firm. The Company has a firm commitment from High West for USD 10,000,000 to be drawn down based on the Company’s cash flow needs over the next 36 months. This agreement allows the Company to control the amount, timing, and minimum purchase price of any investment which guarantees operational flexibility for the group. This equity commitment will also strengthen the Company’s balance sheet as it continues to grow in 2024.

The Chairman of First Real JSC, Mr. Tuan Nguyen, said: "We are extremely pleased to be partnering with High West Capital Partners. High West’s investment grants us the operational and financial flexibility to generate new growth opportunities while maximising shareholder value. We are thankful for the confidence that they have conveyed in us, and we look forward to a fruitful partnership with them over the coming years."

The Managing Partner of High West Capital Partners, Mr. John Hall said: "High West could not be prouder to have selected First Real JSC as a long-term investment to our portfolio. We look to partner closely and cooperatively with management teams and entrepreneurs that have track records of success such as First Real JSC. We believe that the combination of our industry knowledge, investment experience, and operational expertise provides High West with an edge in identifying and creating value in investment opportunities. Our strategy is not only to work as partners with the management of First Real JSC, but also to assist in the operations of their business and leverage all of the resources of our global platform."

About High West Capital Partners

High West Capital Partners is a private investment firm focused on global equities, special situations and structured finance in 20+ markets spanning from South America to Europe and the Asia-Pacific. The firm’s primary objective is to provide immediate funding to companies and Borrowers who need liquidity. HWCP is able to manage risks inherent in today’s equity markets and across multiple sectors, based on a unique blend of financial market experience and proprietary algorithmic models. For more information, visit: https://highwestcapitalpartners.com

About First Real JSC

First Real JSC is an emerging growth real estate developer based in Da Nang City, Vietnam.  The company was founded in 2014 by a group of youthful, dynamic individuals with passion and integrity to innovate and contribute to realizing the dream of settling down for Vietnamese people.  Established in the auspicious real estate sector, First Real provides clients with high-quality real estate products and project development. It has been recognized with esteemed accolades, including Best Real Estate Developer in Da Nang, Top 10 Investors—Real Estate Developers in Vietnam, and Top 10 Brands—National Quality Products.

Media Contact

High West Capital Partners

+65 3158 7420

deals@highwestcapitalpartners.com

pr@highwestcapitalpartners.com

R91, 3rd Floor,

Eton Tower, 8 Hysan Ave.

Causeway Bay, Hong Kong

February 5, 2024 7:05 PM
EDT
Dayton, Ohio

Exciting Transition as Executive Director Prepares for New Chapter

The NCMA Contract Management Institute (CMI) announces that Soraya Correa, who has served as the dedicated Executive Director for the past year, will be joining the team at National Industries for the Blind as their new President and CEO-Elect.

Ms. Correa will be transitioning into a governance role, maintaining a crucial connection with CMI and its strategic direction. This shift reflects her continued dedication to the institute's mission and the desire to contribute to its future success at a governance level.

Kraig Conrad, CEO of NCMA and Chair of the CMI Governance Board, "We express our gratitude for the invaluable contributions Soraya has made to the relaunch of the Contract Management Institute. Her enduring legacy is marked by a steadfast commitment to remaining actively engaged in the NCMA community and continuing her involvement in the governance of CMI."

Amid expressions of gratitude for her contributions, Ms. Correa reflected on her time at the Institute, underscoring the impact she has had on its relaunch, community engagement, and governance.

"While I am excited about this new opportunity with the National Industries for the Blind (NIB), I am sad to leave CMI. As Executive Director of CMI I had the opportunity to work with the outstanding leadership, team, and members of NCMA, an experience I will always appreciate and remember fondly. I remain committed to the success of CMI and the vital role it plays in advancing the contract management profession. As I embark in my new role at NIB, I will continue to support NCMA initiatives, especially those of the CMI!"

In the interim, taking over the Executive Director position for CMI will be Mr. Conrad. Stay tuned for more updates and CMI’s research projects begin this Spring. For inquiries and paper submissions, please contact info@ncmahq.org.

About the Contract Management Institute

The Contract Management Institute (CMI) is a leading professional organization dedicated to advancing the field of contract management. With a mission to drive innovation, promote excellence, and enhance the role of the contracting professional, CMI provides valuable resources including collaboration and partnership opportunities for individuals and organizations involved in contract management across government, industry, and academia. The Institute serves as a catalyst for the study of the profession to elevate engagement, standards, and professional development. The CMI mission and vision are aligned with its parent, NCMA. CMI is a 501(c)(3) charitable organization.

About the National Contract Management Association

The National Contract Management Association (NCMA)—www.ncmahq.org—stands as the premier contract management organization whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums.

Media Contact

Holly DeHesa

281-865-3296

holly.dehesa@ncmahq.org

February 5, 2024 4:09 PM
EDT
HOUSTON, TX

England & Company Expands Capital Structure Advisory Practice

England & Company, a leading independent investment bank, announced today that Richard F. NeJame has joined the firm to enhance its Capital Structure Advisory Practice, focusing on corporate restructuring and special situations. Mr. NeJame brings over 25 years of experience advising leveraged and distressed corporate clients, as well as institutional, private equity, and other investing clients. During his career, Mr. NeJame has executed over $100 billion in aggregated transaction value in over 80 deals.

Based in its New York office, Mr. NeJame will work with the England Debt Advisory practice, expanding the firm's coverage of issuers and creditors for special situation financings and distressed M&A transactions. As with the broader debt advisory effort, Capital Structure Advisory will be coordinated with England's experienced industry bankers who are focused on business services, consumer, energy, healthcare, industrial & infrastructure, and technology & media.

"While the U.S. economic picture looks promising, the sustained period of higher interest rates created a complex set of challenges for many companies that could linger for the next few years," said Craig England, CEO of England & Company. "Rich's restructuring experience and industry reputation enhance our capability to provide clients the highest quality services in both ideal and challenging circumstances."

"I am excited to join England & Company, as it provides an outstanding, independent advisory platform for me to expand the scope of their debt advisory practice," said Mr. NeJame. "With the evolving market for leveraged credit, there is a greater need for investment banks that can complement restructuring expertise with new capital solutions. I look forward to working with my new colleagues to deliver on these capabilities on behalf of established and future clients of the firm."

Mr. NeJame started his career at Alex. Brown & Sons, where he became an integral part of the team that established the restructuring group at Lazard Frères & Co. He later led restructuring groups at Gleacher & Company and Oppenheimer & Co. Most recently, Mr. NeJame was a Senior Managing Director at B. Riley / FocalPoint prior to joining England & Company. Mr. NeJame earned his undergraduate degree from Duke University and his MBA in Finance from the Wharton School at the University of Pennsylvania.

Media Contact

Melody Bailiff

713-357-9446

melody.bailiff@englandco.com

February 5, 2024 8:00 AM
EDT
ST. PAUL, MN

Comcast Expanding Network in Minnesota

Comcast announces expansions of its smart, fast, reliable fiber-rich network to seven new cities in Minnesota by the end of 2024. The cities of Corcoran, Cologne, Nowthen, and parts of Grant, Hugo, Rogers and Stillwater Township will see 5x-10x faster upload speeds and smoother connections with the Xfinity Network. The 2024 planned expansion is part of the company’s nationwide rollout of multi-gig Internet speeds and adds to Comcast’s ongoing $473 million investment across Minnesota over the last three years.

The new planned expansions fulfill a need for fast, reliable, secure broadband service across the state. In June 2023, Comcast completed an expansion to more than 2,300 homes and businesses in the City of Wayzata. Area businesses enjoy broadband speeds of up to 100 Gbps and speeds faster than 1 gigabit per second for residents over standard connections in the home. By the end of 2024 Comcast will also expand into Cologne and extend its network into Nowthen, Corcoran, and throughout parts of Rogers, Grant, Hugo and Stillwater Township with funding support from the State of Minnesota’s Border-to-Border Broadband program.

“Access to reliable, high-speed broadband is a powerful driver of economic growth and development in our community,” said Corcoran Mayor Tom McKee. “Internet access is at the center of our modern lives and the quality of those lives will be greatly enhanced thanks to the partnership with Comcast, Hennepin County and the Minnesota Office of Broadband. Together we will be bringing broadband to nearly 500 unserved homes and businesses in Corcoran.”

These locations will have the foundational next-generation network in place to begin deploying DOCSIS 4.0, setting the stage for the introduction of new symmetrical multi-gigabit Internet options that will enhance performance across Comcast’s existing networks.

“The Internet has increasingly become the epicenter of our existence, influencing many aspects of our lives, and people and businesses are consuming more data,” said Kalyn Hove, Senior Vice President, Comcast Midwest Region. “We are building a future of unlimited possibilities in the Twin Cities and across the Midwest. These expansions, plus planned networks enhancements, will service nearly 14,000 additional homes.”

Powered by Xfinity

Comcast’s network and Internet experience are powering homes and businesses today and into the future:

  • Ultimate Capacity: Xfinity customers connect more than 1 billion devices across the company’s network annually. With the next-generation Xfinity gateways we deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously.

  • Fastest Internet: More than a third of Xfinity Internet customers subscribe to gigabit speed products. Recently, Comcast connected the first customers in the world to a DOCSIS 4.0 connection, delivering symmetrical gig speeds over existing connections in customers’ homes with plans to continue to rollout these speeds across the country, including the Twin Cities, over the coming years.

  • Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful WiFi Boost Pod that extends coverage to hard-to-reach areas of the home.

  • Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network that passes 62 million homes and business and counting. The company launched Storm-Ready WiFi, a new device that comes powered with cellular and battery backup to help keep customers connected even when the power goes out.

  • Ultra-Low Latency: The Xfinity Network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home.

The Xfinity Network is also self-monitoring and uses AI to detect potential problems before they arise, delivering a reliable connection that is up and running in customers’ homes 99% of the time. Visit Xfinity to learn more and sign up for these exciting new products.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

Media Contact

Jill Hornbacher

651-425-1695

Jill_Hornbacher@comcast.com

February 5, 2024 7:29 AM
EDT
VANCOUVER, Canada

22nd Century Group CEO Larry Firestone: Transforming Tobacco Industry with FDA-Approved VLN Brand

22nd Century Group new CEO Larry Firestone joined Steve Darling from Proactive to discuss his role and the company's strategic direction.

22nd Century Group is an agricultural biotech firm specializing in tobacco harm reduction and developing low-nicotine content plants for cigarettes. Notably, the company received FDA authorization for modified risk tobacco products in December 2021, with its flagship brand, VLN (Very Low Nicotine), aimed at addressing smoking-related health issues.

Firestone emphasized the strategic shift the company is undergoing, which includes streamlining operations, divesting non-core assets such as the hemp cannabis business, and refocusing solely on the tobacco sector.

The company's primary goal for 2024 is achieving financial self-sustainability, with a focus on cost optimization, gross margin improvement, and streamlining the overhead structure. 22nd Century Group is also committed to expanding its presence in established markets, particularly in the United States, and delivering its core products.

Firestone's leadership will play a crucial role in guiding the company through these transformative changes and positioning it for growth and success in the coming years. This strategic shift and renewed focus on tobacco harm reduction reflect 22nd Century Group's commitment to addressing health-related issues associated with smoking and its determination to make a positive impact in the tobacco industry.

Media Contact

Proactive United States

347-449-0879

action@proactiveinvestors.com

February 5, 2024 12:00 AM
EDT
SYDNEY, Australia

digiDirect Launches Marketplace Expanding Range of Innovation

digiDirect, one of Australia’s leading retail destinations catering to the consumer electronics needs of content creators, has now launched the digiDirect Marketplace, called digiMarket.

With a thriving community of over 500,000 customers and over 18 years commitment to delivering exemplary shopping experiences both online and in stores, digiDirect has been a leader in the industry, catering to a diverse consumer base, including photographers, videographers, podcasters, social media creators, gamers, filmmakers, students and businesses.

The digiMarket Marketplace launch is the latest example of digiDirect leading with its technology-first focus, and dedication to sustaining a positive shopping experience, delivering greater choice in products for its online consumers.

Integrating robust security features and offering diverse customer support options, the digiDirect Marketplace is powered by the Marketplacer platform, the Adobe Commerce/Marketplacer connector. This integration streamlines the incorporation of third-party seller inventory into the existing e-commerce platform, significantly reducing complexity and time-to-market for the addition of online marketplace functionality.

“We are thrilled to join forces with digiDirect, embarking on a journey to elevate their business by offering an ever-expanding spectrum of products. Together, we aim to make digiDirect the go-to destination for electronic, tech, and digital shopping experiences,” commented Jason Wyatt, CEO of Marketplacer.

Addressing the opportunity to enhance customer offerings, the digiDirect Marketplace adds depth across various categories, including Consumer Electronics, Home Appliances, Digital Wellness, Digital Baby and Kids Care, Pet Tech, Office Tech, and the company’s core focuses of Photo & Video, Computers & Mobile and Gaming & Streaming. With an enriched shopping experience featuring an additional 2,500 products, digiMarket seamlessly complements digiDirect’s physical stores, creating a unified omnichannel experience for customers.

General Manager of digiDirect, Haig Kayserian said: “The launch of our online Marketplace marks a milestone in digiDirect’s journey, enhancing depth across current categories by thousands of products while staying rooted in our consumer electronics focus.”

“This expansion complements our greater online and bricks-and-mortar strategy across Australia, creating greater choices for our customers, with an experience that is carefully curated to always prioritise quality meeting convenience at every click,” Kayserian added.

In anticipation of this launch, digiDirect appointed experienced retail and technology leader, Luke Goldsworthy as their digiMarket Division Manager. He and his team are in the process of onboarding dozens of sellers who have signed up to list their thousands of items on the digiDirect Marketplace.

“We have been greatly encouraged by our burgeoning seller community, who recognise the opportunity of opening up their consumer-base through digiDirect’s loyal community, who purchase large average carts regularly on our website,” Goldsworthy said.

“To maintain the absolute trust of our customers, we have been very selective in the sellers and products we have onboarded, to ensure our service levels are maintained and we continue to provide a range of products that fit our consumers’ broader expectations when shopping at digiDirect,” he added.

The digiMarket Marketplace continues to set itself apart by offering an extensive range of categories, enabling targeted advertising, and ensuring a seamless omnichannel experience for its community. With the added AI integration into the digiDirect Marketplace, the user experience is further enhanced, providing their sellers with valuable insights.

The benefits for digiDirect include, but not limited to:

  • The ability to quickly and easily integrate third-party seller inventory into its existing e-commerce platform,
  • Develop and showcase a curated shopping experience for its online visitors;
  • Attract new customers and nurture existing ones with a newly expanded inventory of available products, and;
  • Grow revenue more rapidly in a highly competitive and steadily expanding Australian market.

As digiDirect solidifies its place as a pioneer, the Marketplace symbolises innovation, customer commitment, and community empowerment. Customers are invited to explore the new Marketplace, while sellers are encouraged to inquire about joining this groundbreaking platform.

About digiDirect

digiDirect is one of Australia’s largest retailers of consumer electronics. Having started as a retailer specialising in cameras and imaging, digiDirect’s seven brick-and-mortar stores across the country maintain that speciality with expert staff and the widest range of products.

Their website, digidirect.com.au is one of the most popular online retail destinations in Australia, offering tens of thousands of products shipped to thousands of loyal customers from the company’s state-of-the-art Sydney headquarters.

Founded by Managing Director Shant Kradjian in 2005, digiDirect employs over 150 staff across multiple states and enjoys important relationships with multinational supplier partners, payment, loyalty rewards, logistics and other service providers.

About Marketplacer

Marketplacer is a global technology Software as a Service (SaaS) platform equipped with all the tools and functionality needed to build successful and scalable online marketplaces, at speed. To date, Marketplacer has helped build and deploy over 100 Marketplaces connecting over 13,000 businesses worldwide. The Marketplacer platform exists to make growth simple, from implementing marketplace strategies such as shipment from drop-ship sellers, adding new categories or third-party range extension, through to consolidating markets and rolling out modern revenue models such as recurring memberships that allow businesses to grow faster and beyond the constraints of capital inventory.

For more information, visit www.marketplacer.com.

Media Contact

Luke Goldsworthy

Head of Marketplace

digiDirect

luke.g@digidirect.com.au

Livia de Beaurepaire

Marketing Manager

Marketplacer

livia.beaurepaire@marketplacer.com

February 2, 2024 4:05 PM
EDT
VANCOUVER, Canada

Battery Mineral Resources Corp. Provides Punitaqui Update and Extends Closing Date on its Announced Offering of up to US$6M in Unsecured Convertible Debentures

Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company”) is pleased to provide project updates and also announce an extension to the final closing date of its private placement (the “Private Placement”) of up to US$6,000,000 in senior unsecured convertible debentures (the “Debentures”), which was previously announced on October 17, 2023.

Operational Readiness

The Company is pleased to announce that effective January 26, 2024, it has received an exploitation permit from Chile's National Geology and Mining Service (SERNAGEOMIN) with regards to the Cinabrio mine, which forms part of the Punitaqui mining complex. The Cinabrio mine is the original mine which supported copper concentrate production during the approximately 10 years of historic copper production, primarily operated by Glencore PLC.

The exploitation permit allows BMR to extract copper ore and barren rock from the Cinabrio mine as the mine is being prepared for resumption of full production. The Company anticipates commencing pre-production maintenance activities at Cinabrio in the very near-term, including rehabilitation of existing workings, drifting and establishment of access for drilling and exploitation—all of which allows for the resumption of ore extraction.

As previously announced, an exploitation permit for the San Andres mine has been granted. The permit allows for BMR to commence drifting, ramp construction and mine development on two different elevation levels and allows for establishment of new underground exploration drilling platforms. This mine development will establish access to new zones of copper mineralization for the forthcoming mine production. Mining equipment and supplies to support these activities has been delivered and personnel recruitment is progressing well.

Repairs, replacements and upgrades of the crushing, grinding and flotation plant are progressing well, and operational commissioning of the facility is expected to begin in the latter part of Q1 2024, followed by copper concentrate production in Q2 2024.

Private Placement

The TSX Venture Exchange (the “TSXV”) has approved an extension to the Private Placement to February 14, 2024. The proceeds from the Debentures will be applied towards working capital and the restart of copper concentrate production at the Company’s Punitaqui mining complex in Chile (the “Restart”).

The Company continues to progress towards securing the balance of the capital required for the Restart and, to date, has successfully raised US$3,285,000 (C$4,407,484) in Debentures. The Company estimates the total capital required for the Restart to be approximately US$13 million (approximately C$17.4 million) (prior to corporate costs and other asset holding costs and inclusive of amounts to be raised in the Private Placement). The Company looks forward to providing additional updates to the market in the coming weeks as Punitaqui is propelled back into sustainable, profitable production for all stakeholders.

Offering Terms (as previously disclosed)

The Debentures will mature on September 30, 2026 (the “Maturity Date”) and will bear interest at 10% per annum, compounding annually on September 30 of each year, not in advance. Interest accrued from the date of issuance up to and including March 30, 2025, will be paid by way of issuance of common shares of the Company. Interest accrued following March 30, 2025, will be, at the option of the holder, paid either in cash or by way of issuance of common shares of the Company. The issuance of common shares as payment of interest will be at the then current market price of the Company’s common shares at the date the interest becomes payable and will be subject to the prior acceptance of the TSXV and applicable securities laws.

The holder of a Debenture may, at their option, at any time from March 31, 2024, and prior to the close of business on the business day immediately preceding the Maturity Date, convert all, but not less than all, of the principal amount of such Debenture into common shares of the Company at the conversion price of US$0.22 per share (approximately C$0.30 per share).

All Debentures issued in the Private Placement are subject to a four month hold period under applicable Canadian securities laws and under the policies of the TSXV. The Private Placement is subject to final approval by the TSXV.

Exchange Rates

All USD amounts for which CAD equivalent amounts are given in this news release were calculated at CAD/USD exchange rate of 1.3417, the exchange rate published by the Bank of Canada on January 30, 2024.

MI 61-101 Matters

Weston Energy LLC and Weston Energy II LLC are “related parties” to BMR pursuant to pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“). Prior to giving effect to the transactions disclosed in this news release and in the refinancing transactions disclosed in the Company’s press release dated October 17, 2023, Weston Energy LLC and Weston Energy II LLC and its affiliates owned or controlled (directly or indirectly) 107,578,740 BMR Common Shares on an undiluted basis and 122,491,305 BMR Common Shares assuming the conversion of all the Company’s previously outstanding secured convertible debentures (representing approximately 60.60% and 63.31%, respectively, of the outstanding BMR Common Shares).

Disclaimers

The Debentures (including any issued in future closings) will be sold in a transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and will be sold only to persons reasonably believed to be accredited investors in the United States under Rule 506 under the Securities Act and outside the United States only to non-U.S. persons in accordance with Regulation S under the Securities Act.

The Debentures and the shares of common stock issuable upon conversion of the Debentures, if any, have not been and will not be registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from such registration requirements of the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Debentures or any shares of common stock potentially issuable upon conversion of the Debentures nor shall there be any sale of Debentures (or shares issuable upon conversion thereof) in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state.

There can be no assurance that any future offerings of Debentures will be completed.

About Battery Mineral Resources Corp.

Battery Mineral Resources is a battery minerals company providing shareholders exposure to the global mega-trend of electrification while being focused on growth through cash-flow, exploration, and acquisitions in favourable mining jurisdictions. Battery Mineral’s mission is the discovery, acquisition, and development of battery metals (namely cobalt, lithium, graphite, and copper), in North America, South America and South Korea and to become a premier and responsible supplier of battery minerals to the electrification marketplace. BMR is currently pursuing a near-term resumption of operations of the Punitaqui Mining Complex, a past copper-gold-silver producer, in the Coquimbo region of Chile. BMR is the largest mineral claim holder in the historic Gowganda Cobalt-Silver Camp in Ontario, Canada, and continues to pursue a focused program to build on the recently announced, +1-million-pound high-grade cobalt resource at McAra. In addition, Battery Mineral owns 100% of ESI Energy Services, Inc. (including ESI’s wholly owned USA operating subsidiary, Ozzie’s, Inc.), a profitable mainline pipeline and renewable energy equipment rental and sales company with operations in Alberta, Canada and Arizona, USA. Battery Mineral Resources is based in Canada and its shares are listed on the Toronto Venture Exchange under the symbol “BMR” and on the OTCQB under the symbol “BTRMF”. Further information about BMR and its projects can be found on www.bmrcorp.com.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Forward Looking Statements

This news release includes certain “forward-looking statements” under applicable securities laws. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections of the Company on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to obtain sufficient financing (including through the Private Placement) to complete exploration and development activities, the ability of the Company to close further tranches of the Private Placement, the completion, timing and size of the proposed Private Placement, the intended use of the proceeds of the Private Placement, risks related to share price and market conditions, the inherent risks involved in the mining, exploration and development of mineral properties, the ability of the Company to meet its anticipated development schedule, government regulation and fluctuating metal prices. Accordingly, readers should not place undue reliance on forward-looking statements. Battery undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein, whether as a result of new information or future events or otherwise, except as may be required by law. For further information regarding the risks please refer to the risk factors discussed in Battery’s most recent Management Discussion and Analysis filed on SEDAR+.

Media Contact

Martin Kostuik, CEO of Battery Mineral Resources Corp.

604-229-3830

info@bmrcorp.com

February 2, 2024 3:12 PM
EDT
NEW YORK, NY

HearstLab Announces Bonus Prize Package for $100K Pitch Competition Winner

HearstLab is thrilled to announce that one of its $100,000 pitch competition winners will be eligible for a bonus prize package from The Martin Group at Pitch HearstLab New York on April 17, 2024. 

The pitch competition series, started in 2022, is designed to specifically find and fund early-stage female founders building B2B and B2C businesses. In the last year, Hearst has invested more than $3,000,000 in 13 startups through these pitch events, and their global portfolio of more than 70 women-led companies has a collective valuation of over $2,500,000,000.

As one of Hearst’s premier marketing agency partners, The Martin Group will offer $10,000 of in-kind services to help one winning company scale their business by providing services tailored to its needs. Services include public relations, digital marketing, branding, strategy, website development, and more.

"We are delighted to partner with HearstLab on this competition and to have the opportunity to work with one of the exciting women-led startups that are changing the business landscape,” said Matt Davison, Chief Business Officer at The Martin Group. “This is an amazing chance to make a difference, combining our resources with HearstLab’s to help the winning company stand out, reach new audiences and expand their business.”

HearstLab remains committed to closing the gap in venture capital funding by providing cash investments and services to early-stage, women-led startups innovating across fintech, data analytics, health, transportation, enterprise technology and media. 

HearstLab’s next signature $100,000 pitch competition for early-stage female founders will be held at the Hearst Tower in New York on April 17, 2024. Founders can apply to pitch in front of a live audience and panel of judges here

Applications close February 4.

About The Martin Group

The Martin Group is a leading integrated communications firm headquartered in downtown Buffalo with office operations in Albany, Rochester, and New York, NY. The firm works with best-in-class organizations ranging from small businesses to global enterprises and has extensive experience in several industry verticals, including food and beverage, sports and lifestyle, healthcare, financial services, education, professional services, and not-for-profit support. Continually recognized for marketing communications excellence by the American Advertising Federation, the American Marketing Association, the Public Relations Society of America, and the Academy of Interactive and Visual Arts, among others, the agency has been previously selected as a “Top Private Company” and “Fastest Growing Company” by various regional news publications. For more information on The Martin Group, visit www.martingroup.co, or follow the agency on LinkedIn and Instagram.

About HearstLab

HearstLab provides cash investments and services to early-stage, women-led startups innovating across fintech, data analytics, health, transportation, enterprise technology and media. Its mission is to close the gap in VC funding for women by helping founders build sustainable and highly scalable businesses. With access to Hearst resources across 360+ businesses, HearstLab’s breadth of services includes assistance with privacy and security, software development, legal services, financial analysis, and marketing and design support. To learn more about HearstLab, visit HearstLab.com and connect with us on LinkedIn.

Media Contact

Nico Gendron

nico.gendron@hearst.com

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