Day: August 31, 2015

Photo Release — Mitsubishi Reveals Exa Corporation's Aerodynamic Simulations Behind Its Record-Breaking Electric Racecar Success

BURLINGTON, Mass. and YOKOHAMA, Japan, Sept. 1, 2015 (GLOBE NEWSWIRE) — Exa Corporation (Nasdaq:EXA), a global innovator of simulation software for product engineering, recently announced its customer, Mitsubishi Motors Corporation’s (MMC), revealed PowerFLOW® helped them achieve a remarkable 25 percent downforce improvement for its record-breaking electric racecar, the MiEV Evolution III. MMC discussed how its aerodynamics engineers enhanced the shape of the electric racecar, to significantly improve the vehicle in only 30 simulation runs, during its presentation at the Exa Japan PowerFLOW Solution Forum in Tokyo this summer. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=35550. MMC entered two

MobileCause Webinar Explores How Nonprofits Can Effectively Promote Crowdfunding Campaigns for Maximum Giving

CALABASAS, Calif., Aug. 31, 2015 (GLOBE NEWSWIRE) — MobileCause, a leader in cloud based fundraising technology for nonprofits, announces Crowdfunding Playbook for Maximum Giving webinar, the 6th installment in the thought leading series designed to help nonprofit leaders reach their fundraising goals. The webinar will focus on what nonprofit organizations are doing to effectively market and communicate their crowdfunding campaigns while mobilizing individual peer-to-peer fundraisers on their behalf in order to exceed revenue and donor acquisitions. Crowdfunding Playbook for Maximum Giving webinar topics will include:  Cohesive branding, PR and community outreach Maximizing staff and volunteer participation Empowering teams and showcasing

PacketVideo, a Subsidiary of NTT DOCOMO, Sells North American and European Operations to Lynx Technology

TOKYO and SAN DIEGO, Aug. 31, 2015 (GLOBE NEWSWIRE) — PacketVideo (PV), a subsidiary of NTT DOCOMO, today announced the recent acquisition by Lynx Technology (which is the DBA name of privately-held J.M. Driver LLC) of PV’s North American and European Connected Home business operations effective March 27, 2015. The business acquisition includes the grant of an irrevocable, non-exclusive license of PV’s market leading media technology, Twonky™, from PV to Lynx Technology. Since the company’s launch in the U.S. in 1998, PacketVideo (www.pv.com) has grown to become a global leader in providing rich media experiences for many of the world’s

Guggenheim Investments Exchange-Traded Funds Declare Monthly Distributions

NEW YORK, Aug. 31, 2015 (GLOBE NEWSWIRE) — Guggenheim Investments, the investment management division of Guggenheim Partners, today announced that the following Guggenheim exchange-traded funds (“ETFs”) have declared distributions. The table below summarizes the distribution for each ETF. Distributions Schedule Ticker Exchange Traded Fund Name Ex-Date Record  Date Payable Date Total Rate Per Share BSCF Guggenheim BulletShares 2015 Corporate Bond ETF 9/1/15 9/3/15 9/8/15 $0.0091 BSCG Guggenheim BulletShares 2016 Corporate Bond ETF 9/1/15 9/3/15 9/8/15 $0.0186 BSCH Guggenheim BulletShares 2017 Corporate Bond ETF 9/1/15 9/3/15 9/8/15 $0.0265 BSCI Guggenheim BulletShares 2018 Corporate Bond ETF 9/1/15 9/3/15 9/8/15 $0.0288 BSCJ Guggenheim

AFRICA OIL CLOSES US$50 MILLION FINANCING AND UPDATES ON SHARE CAPITAL AND VOTING RIGHTS

August 31, 2015 (AOI-TSX, AOI-Nasdaq Stockholm) … Africa Oil Corp. (“Africa Oil” or the “Company”) is pleased to announce that it closed the US$50,000,000 non-brokered private placement previously announced on August 18, 2015.  Pursuant to an Equity Subscription Agreement dated August 18, 2015, 31,169,048 common shares, issued at a price of CAD $2.10 per share for gross proceeds of CAD $65,455,000 (US $50 million1) have been released to International Finance Corporation (“IFC”) a member of the World Bank Group.  IFC now holds approximately 6.83% of the issued and outstanding common shares of the Company.  With the issuance of 31,169,048 new

LUCARA SHARE CAPITAL AND VOTING RIGHTS UPDATE

August 31, 2015 (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara Diamond Corp. (“Lucara” or the “Company”) reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the issuance of shares pursuant to the exercise of employee stock options, the number of issued and outstanding shares of the Company has increased to 379,557,746 common shares with voting rights as at August 31, 2015.   On behalf of the Board, William Lamb President and CEO   About Lucara Lucara is a well positioned diamond producer. The

Intertainment Media Shareholders Voted in Favour of Acquisition by Yappn Corp.

TORONTO and NEW YORK, Aug. 31, 2015 (GLOBE NEWSWIRE) — Intertainment Media Inc. (“Intertainment” or the “Company”) (TSXV:INT / US:ITMTF / FRA:I4T) is pleased to announce that its shareholders voted in favour of the disposition of the intellectual property assets of Ortsbo Inc. (“Ortsbo”), a subsidiary of Intertainment to Yappn Corp. (OTCQB:YPPN), as previously announced on May 26, 2015 (the “Transaction”) for a total purchase price of US $17 Million. The terms of the agreement include the transfer of up to US $1 Million in debt and US $16 Million in Yappn equity. At the special meeting of shareholders held

FHLBank San Francisco Releases July 2015 Cost of Funds Index

SAN FRANCISCO, Aug. 31, 2015 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of San Francisco (Bank) announced August 31, 2015, that the 11th District Monthly Weighted Average Cost of Funds Index (“COFI”) for July 2015 is 0.643%. The index for June 2015 was 0.659%. The COFI is computed from the actual interest expense reported for a given month by the Arizona, California, and Nevada savings institutions members of the Bank that satisfy the Bank’s criteria for inclusion in the COFI (“COFI Reporting Members”). For July 2015, 11 eligible institutions reported COFI data. Changes in interest rates on adjustable rate

LINN Energy Announces Closing of Sale of Remaining Permian Basin Wolfcamp Acreage

HOUSTON, Aug. 31, 2015 (GLOBE NEWSWIRE) — LINN Energy, LLC (NASDAQ:LINE) (“LINN” or the “Company”) and LinnCo, LLC (Nasdaq:LNCO) (“LinnCo”) announced today that LINN has closed the previously announced sale of its remaining position in Howard County in the Permian Basin for a contract price of approximately $281 million, subject to pre- and post-closing purchase price adjustments. The properties sold include approximately 6,400 net acres prospective for horizontal Wolfcamp drilling and approximately 2.0 MBoe/d of current production from 133 gross wells. Financial Advisor RBC Richardson Barr acted as financial advisor to LINN for this transaction. ABOUT LINN ENERGY LINN Energy’s

HUNDREDS OF STUDENTS TO TAKE "PREAMBLE CHALLENGE" AT NATIONAL CONSTITUTION CENTER

PHILADELPHIA, Aug. 31, 2015 (GLOBE NEWSWIRE) — WHO: Jeffrey Rosen, president and CEO, National Constitution Center Cynthia MacLeod, Superintendent, Independence National Historical Park 100+ Constitution High School and Roman Catholic High School students   WHAT:  To kick off Constitution Day 2015, Jeffrey Rosen will lead students in a rousing reading of the Preamble of the Constitution of the United States on the National Constitution Center’s front lawn. New this year, the Preamble Challenge will be broadcast live.     Editors please note:  Video footage of the Preamble Challenge will also be available for quick turnaround to any stations or reporters who

PostRock Announces NASDAQ Notice of Delisting

OKLAHOMA CITY, Aug. 31, 2015 (GLOBE NEWSWIRE) — PostRock Energy Corporation (NASDAQ:PSTR) today announced that on August 25, 2015 the Company received a notice from The NASDAQ Stock Market (“NASDAQ”) that, for the last 30 consecutive business days, PostRock’s market value of publicly held shares was below $5,000,000 and that PostRock therefore is not in compliance with the market value of publicly held shares pertaining to the requirement set forth in NASDAQ Listing Rule 5450(b)(1)(C). The NASDAQ Listing Rules define “publicly held shares” as total shares outstanding, less any shares held directly or indirectly by officers, directors or a beneficial

Canadian Stocks

Yappn’s Acquisition of Ortsbo Assets Has Been Approved by Intertainment Media Shareholders

NEW YORK, Aug. 31, 2015 (GLOBE NEWSWIRE) — Yappn Corp. (“Yappn” or “Company”) (OTCQB:YPPN), a leader in real-time language technology and translation, is pleased to announce that shareholders of Intertainment Media Inc. (TSX-V:INT) (OTC:ITMTF) (FRA:I4T) (“Intertainment“) have approved the acquisition of the intellectual property assets of Ortsbo Inc. (“Ortsbo“), a subsidiary of Intertainment, as previously announced on May 26, 2015. At Intertainment’s special meeting of shareholders held today, 94.02% of the shares voted were in favor of the transaction, representing nearly 16.61% of all outstanding shares of Intertainment. The approval of the acquisition was a necessary condition and the Company

Pinnacle/CSG wins Constructech Vision Award for their use of NoteVault

SAN DIEGO, Aug. 31, 2015 (GLOBE NEWSWIRE) — NoteVault, a provider of patented, innovative daily reporting solutions for the construction and engineering industries, announced that Pinnacle/CSG, a NoteVault customer, has been awarded the Constructech Vision Award for their results from using NoteVault. NoteVault received the award as the technology enabler for Pinnacle/CSG’s results. Cory McFarlane, Owner of Pinnacle/CSG said, “We’re really pleased to accept this award from Constructech. Our superintendents used to spend about 55 minutes a day writing their reports at the end of the day. With NoteVault, they only spend about 5-6 minutes a day (reviewing and making

Rapid7 (NTO) Receives the Highest Product Score in 1 Out of 7 Use Cases in Gartner's Critical Capabilities for Application Security Testing

BOSTON, Aug. 31, 2015 (GLOBE NEWSWIRE) — Rapid7, Inc. (NASDAQ:RPD) a leading provider of security data and analytics solutions, today announced that Gartner, Inc., the leading provider of research and analysis on the global information technology industry, has given Rapid7 (NTO) a 4.05 out of 5.0 in the Web Application Security Testing (AST) use case in its most recent Critical Capabilities for Application Security Testing. The Critical Capabilities for Application Security Testing findings were published by Joseph Feiman and Neil MacDonald on August 17, 2015. Rapid7 (NTO) also received a 4.02 out of 5.0 in the “Manual Web Penetration Testing” Use

Preferred Bank Names Nick Pi Permanent Chief Credit Officer

LOS ANGELES, Aug. 31, 2015 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ:PFBC), an independent commercial bank focusing on the diversified California market, announced that Nick Pi has been named as permanent Chief Credit Officer. On June 17 of this year, Mr. Pi was appointed as Acting Chief Credit Officer and has been with Preferred Bank as Executive Vice President and Group Manager since 2003.   About Preferred Bank Preferred Bank is one of the larger independent commercial banks in California. The bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or

CTG One of the Largest Healthcare Management Consulting Firms

BUFFALO, N.Y., Aug. 31, 2015 (GLOBE NEWSWIRE) — CTG (NASDAQ:CTG), an information technology (IT) solutions and services company, today announced that it has been ranked by Modern Healthcare as one of the largest healthcare management consulting firms. The company is ranked thirteenth on the current list and has consistently been ranked as a top-fifteen firm since the list was first published in 2006.  This year’s list ranked 60 firms based on their 2014 healthcare provider revenue. “We are proud to once again be ranked by Modern Healthcare as one of the largest healthcare management consulting firms,” commented Alfred Hamilton, Vice

Agile Therapeutics Announces Completion of Patient Recruitment in Twirla(R) Phase 3 SECURE Clinical Trial

PRINCETON, N.J., Aug. 31, 2015 (GLOBE NEWSWIRE) — Agile Therapeutics, Inc. (Nasdaq:AGRX) a women’s health specialty pharmaceutical company focused on the development and commercialization of new prescription contraceptive products, announced today that active recruitment has closed in its ongoing single-arm, open-label Phase 3 SECURE clinical trial of Twirla® (AG200-15), its investigational contraceptive patch. Participating sites will complete screening over the next two weeks, and the Company expects to complete enrollment by the end of the third quarter 2015. “We have completed active recruitment of patients into our Phase 3 SECURE clinical trial, which is a crucial milestone in the trial

Bazaarvoice, Inc. Announces its Financial Results for the First Fiscal Quarter of 2016

First fiscal quarter highlights include: Q1 revenue from continuing operations of $48.9 million Launched new search engine optimization offering, Spotlights AUSTIN, Texas, Aug. 31, 2015 (GLOBE NEWSWIRE) — Bazaarvoice, Inc. (Nasdaq:BV), the world’s largest network of active shoppers, reported its financial results for the first fiscal quarter ended July 31, 2015. “The first quarter was a good start to the year,” said Gene Austin, chief executive officer and president. “Our investments remain focused on improving client satisfaction and sales execution, accelerating our efforts with our shopper marketing initiative and driving continued traction of our new consumer generated content offerings.” First

Penn Virginia Corporation Announces Closing of Sale of East Texas Assets

RADNOR, Pa., Aug. 31, 2015 (GLOBE NEWSWIRE) — Penn Virginia Corporation (NYSE:PVA) today announced that it has closed the previously announced sale of its East Texas assets. The net cash proceeds from the sale were approximately $74 million, including customary closing adjustments. Pro forma for the East Texas divestiture, at June 30, 2015, our total debt ratio and credit exposure ratio, defined as all outstanding borrowings under our revolving credit facility (Revolver) plus any outstanding letters of credit, were 3.6 times and 0.4 times trailing twelve months’ pro forma Adjusted EBITDAX, respectively, with $138 million outstanding under our revolving Revolver

Matrix Service Company Announces Strong Finish to Fiscal 2015

Company achieves fourth quarter earnings per share of $0.40; full year earnings per share of $0.63 Fourth quarter revenue increases to $370.5 million; full year revenue increases to $1.35 billion Recently announced Energy Transfer Partners award increases year-end backlog to $1.4 billion and full year project awards to $1.8 billion Fiscal 2016 earnings guidance: revenue of $1.4 to $1.6 billion and fully diluted EPS of $1.45 to $1.75 TULSA, Okla., Aug. 31, 2015 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq:MTRX) today reported its financial results for the fourth quarter and year ended June 30, 2015. “As we close the books