Day: October 14, 2016

NYCEDC Selects Industry Leader TechShop to Operate Advanced Manufacturing Center in Sunset Park

[nextpage title=”PR” ] Expected to Support More Than 200 Businesses, Create Over 500 Jobs Center is Cornerstone of the Futureworks NYC Advanced Manufacturing Initiative, Key Component of Mayor de Blasio’s Industrial Policy SUNSET PARK, BROOKLYN, N.Y., Oct. 14, 2016 (GLOBE NEWSWIRE) — New York City Economic Development Corporation (NYCEDC) today announced that industry leader TechShop has been selected to operate a more than 15,000 square foot advanced manufacturing center at the Brooklyn Army Terminal in Sunset Park. This shared workspace will provide makers and other small manufacturing firms with affordable access to 21st century equipment, as well as access to

Blucora Appoints New Chief Human Resources Officer; Announces Grants of Inducement Equity Awards Under NASDAQ Listing Rule 5635(c)(4)

BELLEVUE, Wash., Oct. 14, 2016 (GLOBE NEWSWIRE) — Blucora, Inc. (NASDAQ:BCOR), a leading provider of technology-enabled financial solutions to consumers, small businesses and tax professionals, today announced that effective on October 14, 2016 it granted an equity award to Pamela Turay, Blucora’s new Chief Human Resources Officer. Turay was appointed as Chief Human Resources Officer effective October 3, 2016 and reports directly to Blucora President and Chief Executive Officer, John Clendening. With more than 20 years business experience in human capital leadership, Ms. Turay will lead Blucora’s efforts in the design, development, and execution of human resources strategies and initiatives,

FlexPrint Hosts Annual Golf Tournament to Support Children Touched by a Parent's Cancer

Scottsdale, Arizona, Oct. 14, 2016 (GLOBE NEWSWIRE) — FlexPrint, the nation’s largest privately held Managed Print Solutions provider, held its 11th Annual Invitational Golf Tournament at the Westin Kierland Golf Resort in Scottsdale, Arizona. This year’s golf event included participants from over 100 companies located across the country who came to sunny Arizona to support Camp Kesem, a nationwide community that is driven by passionate college student leaders who assist children through and beyond their parent’s cancer.  FlexPrint’s annual Golf Invitational has raised hundreds of thousands of dollars in support of local and national nonprofit organizations. “On behalf of Camp

Quattro Provides Update on Asset Sale and Investor Solicitation Process

CALGARY, Alberta, Oct. 14, 2016 (GLOBE NEWSWIRE) — Quattro Exploration and Production Ltd. (TSX-V:QXP) (“Quattro” or the “Company“) is pleased to report on the activities to date in regards to Quattro’s Court of Queen’s Bench of Alberta approved proposed sale and investor solicitation  process (“SISP“) that was launched on October 3rd, 2016. NRG Divestitures Inc. (“NRG”), a Calgary-based independent marketing Company, is acting as agent for the divestiture and sale of Quattro’s assets under the SISP. NRG continues to manage the solicitation process and has received numerous inquiries to date, has signed over 15 NDAs and has created a data room

Former Indianapolis Football Star Reggie Wayne Joins Smithfield To Donate More Than 50,000 Pounds of Protein to Gleaners Food Bank of Indiana

INDIANAPOLIS, Oct. 14, 2016 (GLOBE NEWSWIRE) — Smithfield and former Indianapolis football star Reggie Wayne donated more than 50,000 pounds of protein to Gleaners Food Bank of Indiana today, as part of Smithfield’s nationwide Helping Hungry Homes tour. Smithfield partnered with Marsh Supermarkets to provide this considerable contribution of more than 200,000 servings of protein. A photo accompanying this announcement is available at Wayne, a former Indianapolis wide receiver, joined representatives from Smithfield and Marsh Supermarkets to present the donation to Gleaners Food Bank of Indiana, discussing the importance of donations like this in the Indianapolis region where one

Educational Development Corporation Announces Second Quarter Financial Results for Quarter Ended August 31, 2016

TULSA, Okla., Oct. 14, 2016 (GLOBE NEWSWIRE) — Educational Development Corporation (“EDC”) (NASDAQ:EDUC) ( today reported historic record net revenues for the second quarter ended August 31st, 2016 (unaudited). Randall White, CEO of Educational Development Corporation, announced that the Company achieved record net revenues of $25.9 million for the quarter ended August 31st, 2016, compared to $12.6 million for the same quarter last year.  The sales increase was primarily generated by the home business division, Usborne Books & More (UBAM) with an increase of 163% over the same quarter last year. UBAM continues to attract new sales associates, which now

Private Bancorp of America, Inc. Announces Strong Quarterly Growth

LA JOLLA, Calif., Oct. 14, 2016 (GLOBE NEWSWIRE) — Private Bancorp of America, Inc. (OTCQB:PBAM) (“Bancorp”), parent company of San Diego Private Bank (“Bank”), announced quarterly earnings of $1,076,000 in the third quarter of 2016, compared to $759,000 in the second quarter 2016 and $1,359,000 for the third quarter 2015.  Net Interest Income continues to increase, $4,792,000 for the three months ended September 30, 2016 from $4,738,000 for the same period in 2015.  Interest Income grew to $15,542,000 for the nine months ending September 2016 compared to $15,009,000 for the same period in 2015, reflecting the growth in earning assets. 

Northwest Bancorporation, Inc. Reports Third Quarter 2016 Financial Results

SPOKANE, Wash., Oct. 14, 2016 (GLOBE NEWSWIRE) — Northwest Bancorporation, Inc. (OTC Pink:NBCT) (the “Company”), the holding company of Inland Northwest Bank (the “Bank” or “INB”), today reported financial results for the quarter ended September 30, 2016. Net income for the third quarter of 2016 was $1.55 million, compared to $1.27 million for the previous quarter and $735 thousand for the third quarter of 2015.  Earnings per diluted share increased 20.0%, from $0.20 for the second quarter of 2016, to $0.24 for the third quarter of 2016, and are up $0.09 from the third quarter of last year partially due to a 29% increase

VH1 Save The Music Foundation to Ring The Nasdaq Stock Market Closing Bell

ADVISORY, Oct. 14, 2016 (GLOBE NEWSWIRE) — What:VH1 Save The Music Foundation, a nonprofit organization dedicated to restoring music programs in America’s public schools, and raising awareness about the importance of music as part of each child’s complete education, will visit the Nasdaq MarketSite in Times Square. In celebration of their 20th anniversary, VH1 Save The Music Foundation’s Henry Donahue, Executive Director, and Spencer Ludwig, trumpeter, singer, songwriter, will ring the Closing Bell.  Where:Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When:Monday, October 17, 2016 – 3:45 p.m. to 4:00 p.m. ET   VH1 Save

Great Elm Capital Group Commences Rights Offering

BOSTON, Oct. 14, 2016 (GLOBE NEWSWIRE) — Great Elm Capital Group, Inc. (NASDAQ:GEC), announced today that it has commenced its previously disclosed $45 million rights offering. Under the terms of the rights offering, Great Elm Capital Group distributed non-transferable rights to purchase shares of its common stock for each share of its common stock held by a stockholder as of 5:00 p.m., New York time on the record date of October 13, 2016, as more fully described in the prospectus relating to the rights offering. Each basic subscription privilege will entitle the holder to purchase 1.2962 shares of common stock

Intuitive Surgical Reports New Employee Option Grants for October 2016

SUNNYVALE, Calif., Oct. 14, 2016 (GLOBE NEWSWIRE) — Intuitive Surgical, Inc. (Nasdaq:ISRG) today reported that equity awards approved by the Compensation Committee of the Board of Directors, which consists entirely of Independent Directors, were made to 66 new employees. Pursuant to NASDAQ Marketplace Rule 5635(c)(4), the equity awards were granted under the Intuitive Surgical, Inc. 2009 Commencement Incentive Plan, which the Board of Directors of Intuitive Surgical, Inc. adopted for the granting of equity awards to new employees. In accordance with NASDAQ rules, these grants were made under an equity incentive plan without shareholder approval. NASDAQ rules require a public

Quotient Limited Announces $120 Million Secured Debt Financing

JERSEY, Channel Islands, Oct. 14, 2016 (GLOBE NEWSWIRE) — Quotient Limited (“Quotient”) (NASDAQ:QTNT), a commercial-stage diagnostics company, today announced the completion of a private placement of up to $120 million of 12% Senior Secured Notes due 2023. At the initial closing of the transaction, Quotient issued $84 million of notes and received net proceeds of approximately $79 million after expenses. Quotient will issue an additional $36 million of notes to note purchasers upon public announcement of field trial results for the MosaiQ™ IH Microarray that demonstrates greater than 99% concordance for the detection of blood group antigens and greater than

XOMA Announces Reverse Stock Split

BERKELEY, Calif., Oct. 14, 2016 (GLOBE NEWSWIRE) — XOMA Corporation (Nasdaq:XOMA), a leader in the discovery and development of therapeutic antibodies, today announced that, at a special meeting of the Company’s stockholders held on October 14, 2016, its stockholders voted to approve a reverse stock split of the Company’s issued and outstanding common stock.  XOMA’s Board of Directors then determined that the split would be at a ratio of 1-for-20.  Upon the effectiveness of the reverse stock split, every 20 shares of XOMA common stock will be converted into 1 share of common stock.  No fractional shares will be issued

Naturally Splendid Announces Increase To Private Placement Financing

VANCOUVER, British Columbia, Oct. 14, 2016 (GLOBE NEWSWIRE) — Naturally Splendid Enterprises Ltd. (“Naturally Splendid”) (TSX-V:NSP) (OTCQB:NSPDF) (Frankfurt:50N) announced today that it has increased its previously announced private placement financing (see news release dated July 29, 2016) to $4,000,000 (the “Offering”).  The Offering will now consist of up to 14,814,814 units (each a “Unit”) at a price of $0.27 per Unit.  As of the date of this news release, Naturally Splendid has closed two tranches of the Offering by issuing a total of 3,077,168 Units for total gross proceeds of $830,835. Each Unit will continue to be comprised of one

Industrial Property Trust Inc. Announces Third Quarter 2016 Acquisition Activity

DENVER, Oct. 14, 2016 (GLOBE NEWSWIRE) — Industrial Property Trust Inc. (“IPT”), an industrial real estate investment trust that owns and operates distribution warehouses throughout the United States, announced today that, during the third quarter of 2016, it had acquired, either directly or through its 20% ownership interest in a joint venture partnership, 18 industrial buildings totaling 3.9 million square feet, located in 10 markets throughout the United States, for an aggregate purchase price of approximately $280.7 million. IPT completed four transactions in July 2016, including six industrial buildings comprising 2.6 million square feet for a total of approximately $155.1

The Female Health Company Adjourns Special Meeting of Shareholders to October 31, 2016

CHICAGO, Oct. 14, 2016 (GLOBE NEWSWIRE) — The Female Health Company (FHC) (NASDAQ:FHCO) today announced that the Special Meeting of Shareholders scheduled for today to vote on three proposals related to the proposed merger with Aspen Park Pharmaceuticals, Inc. (APP) has been adjourned to Monday, October 31, 2016 at 10 a.m. Central Time at 150 North Michigan Avenue, Suite 1580, Chicago, Illinois, 60601.  As announced on September 22, 2016, the Company previously adjourned the Special Meeting of Shareholders to October 14, 2016 in order to provide additional time for shareholders to vote. To date, approximately 65 percent of the outstanding

John Marshall Law School Professor Elected To SALT Board of Governors

CHICAGO, Oct. 14, 2016 (GLOBE NEWSWIRE) — Members of the Society of American Law Teachers have elected John Marshall Law School Associate Professor Hugh Mundy to its Board of Governors. The election was held at SALT’s September Teaching Conference in Chicago at John Marshall where Mundy was the conference co-chair. He also has contributed to SALT’s consumer guide for prospective law students, blogged for the SALT website and participated in committee meetings at the SALT Teaching Conference in Las Vegas.   “I look forward to joining the SALT Board of Governors,” Mundy said. “I deeply believe in the organization’s mission

IKONICS Alpha FlexTrace Wins Product of the Year at SGIA

DULUTH, Minn., Oct. 14, 2016 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based technology company, is pleased to announce Alpha FlexTrace™ won Product of the Year at the 2016 Specialty Printing & Imaging Technology Expo (SGIA) in Las Vegas, Nevada.  Alpha FlexTrace, sold through IKONICS Chromaline Screen Print Products division, is a flexible, printed circuit substrate featuring a proprietary surface treatment that overcomes conductive ink spread, which is common in micro-circuit printing. The advanced surface properties of Alpha FlexTrace were developed by IKONICS to improve the print acuity of conductive pastes by maximizing ink deposit and controlling the circuit footprint

NeoTract selects TikaDevice™ as an End-to-End Mobile CRM Solution for its UroLift® System

NEW YORK, Oct. 14, 2016 (GLOBE NEWSWIRE) — TikaMobile, Inc., a cloud-based mobile and analytics software provider for the life sciences industry, today announced that NeoTract, a developer of innovative, minimally invasive urology devices, will deploy TikaDevice across its sales force. TikaDevice is TikaMobile’s CRM and data analytics platform for medical device launches. By enabling personalized recommendations and alerts on the latest available customer and product information, TikaDevice eliminates tedious preparation time for sales calls. “By choosing TikaDevice, we’re confident that we’ve provided our sales team precisely what they need to target, inform and educate urologists across the country about

Werner Enterprises Honored with Excellence in Worksite Wellness Award

OMAHA, Neb., Oct. 14, 2016 (GLOBE NEWSWIRE) — Werner Enterprises (NASDAQ:WERN), a premier transportation and logistics provider, recently was honored with the 2016 Governor’s Wellness Award in the large company category. Presented by WELLCOM at the Excellence in Worksite Wellness Awards Luncheon, the award honors businesses in Nebraska that position wellness programs as strategic business opportunities and make a difference in their associates’ lives. “We are very honored to receive this recognition, which is truly a testament to our associates who use wellness resources offered by the Company to enrich their lives and achieve new levels of health and fitness,”