Day: October 23, 2017

Thailand’s Largest Mobile Operator AIS and BroadSoft Collaborate to Bring Unified Communications to Enterprise Customers  

PHOENIX, Oct. 23, 2017 (GLOBE NEWSWIRE) — BroadSoft, Inc. (NASDAQ:BSFT), a global market share leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS), announced the commercial launch of AIS Business Cloud UC, a cloud PBX and unified communications (UC) service based on the BroadSoft Business UC-One® application. The AIS Business Cloud service will offer Thai business users leading edge cloud services, including a full suite of secure UC services including voice and video conferencing, instant messaging and presence (IM&P), and team collaboration tools. AIS is Thailand’s

Nicola Mining Announces Proposed Amendments to Secured Convertible Debentures

NOT FOR DISTRIBUTION IN THE U.S. This amended news release has been prepared and is being issued to replace, in its entirety, a new release issued by Nicola Mining Inc. on August 29, 2017 to disclose revised terms of the amendments to secured convertible debentures. VANCOUVER, British Columbia, Oct. 23, 2017 (GLOBE NEWSWIRE) — Nicola Mining Inc. (TSX-V:NIM) (the “Company” or “Nicola”) announces that it intends to amend (the “Amendment”) the secured convertible debentures (each, a “Debenture”) in the aggregate principal amount of $7,000,882 issued to certain subscribers as previously announced in its News Releases of November 24, 2014, August

TEAM Industries Announces New Innovative Transmission Incorporating Fallbrook’s NuVinci® CVP Technology

CEDAR PARK, TEXAS and BAGLEY, MINNESOTA, Oct. 23, 2017 (GLOBE NEWSWIRE) — TEAM Industries (TEAM) and Fallbrook Technologies Inc. (Fallbrook) announced today that TEAM has a production-ready innovative new transmission design for all-terrain vehicles (ATV) and utility task vehicles (UTV) available to OEMs for vehicle implementation. The transmission incorporates Fallbrook’s NuVinci® continuously variable planetary (CVP) technology. NuVinci is a platform technology for a new class of continuously variable transmissions (CVT). It utilizes spheres instead of gears or belts, and can be deployed in a wide variety of applications to improve performance and/or system efficiency. TEAM has an exclusive licensing agreement

REVA to Present Fantom 24-Month Data at TCT 2017

SAN DIEGO, Oct. 23, 2017 (GLOBE NEWSWIRE) — REVA Medical, Inc. (ASX:RVA) (“REVA” or the “Company”) is pleased to announce the Company’s scheduled presentations during the upcoming Transcatheter Cardiovascular Therapeutics (“TCT”) Conference, being held October 29th through November 2nd in Denver, Colorado. The Company will release new data on the Fantom® bioresorbable scaffold (“BRS”), the only bioresorbable scaffold made from Tyrocore™, REVA’s proprietary tyrosine-derived polymer designed specifically for vascular scaffold applications. 24-month data on a subset of patients from the FANTOM II clinical trial will be presented by trial investigator, Dr. Ricardo A. Costa, from Institute Dante Pazzanese of Cardiology

Veritex Holdings, Inc. Announces Branch Office Sales

DALLAS, Oct. 23, 2017 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (NASDAQ:VBTX) (“Veritex” or “the Company”), the parent holding company of Veritex Community Bank, today announced that Veritex Community Bank entered into a Purchase and Assumption Agreement with Horizon Bank, SSB to sell certain assets associated with the Austin and Cedar Park branches located in Austin, Texas. The pending sale is expected to close in the first quarter of 2018, subject to the necessary regulatory approvals. Customers of these branches will receive additional information regarding the impact of the sale in the near future. After the sale close, Veritex will have

Veritex Holdings, Inc. Reports Record Third Quarter Financial Results; Strong Organic Loan Growth Continues Through 2017

DALLAS, Oct. 23, 2017 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (“Veritex” or the “Company”) (NASDAQ:VBTX), the holding company for Veritex Community Bank, announced today the results for the quarter ended September 30, 2017. The Company reported net income available to common stockholders of $5.1 million, or $0.25 diluted earnings per share (“EPS”), compared to $3.6 million, or $0.23 diluted EPS, for the quarter ended June 30, 2017 and $3.4 million, or $0.31 diluted EPS, for the quarter ended September 30, 2016. Core net income, calculated as net income adjusted for the impact of income recognized on acquired loans and merger and acquisition costs, totaled

Heartland Express Receives US EPA 2017 SmartWay Excellence Award

NORTH LIBERTY, Iowa, Oct. 23, 2017 (GLOBE NEWSWIRE) — Heartland Express, Inc. (www.heartlandexpress.com) (NASDAQ:HTLD) was honored with a SmartWay® Excellence Award from the U.S. Environmental Protection Agency as an industry leader in freight supply chain environmental performance and energy efficiency. Heartland’s goal is to increase fuel efficiency and reduce emissions by adopting various technologies, and operational practices.  We have achieved positive results from our aerodynamic devices on equipment, advanced tire technology, weight reduction practices, advanced lubrication technology, engine upgrades, trailer specifications, speed management, and idle control strategies. “Our financial strength affords us the ability to operate one of the newest

Deltek Announces the Winners of the 2017 Project Excellence Awards Program

Nashville, TN, Oct. 23, 2017 (GLOBE NEWSWIRE) — Deltek, the leading global provider of enterprise software and information solutions for project-based businesses, just announced the winners of the 2017 Project Excellence Awards program. These awards recognize and celebrate outstanding Deltek customer and partner achievements in improving business processes and performance, driving innovation, increasing profitability and winning new business with Deltek solutions. Tweet this: Congrats #DeltekInsight 2017 Proj Excellence Winners! @Poyryplc @KleinfelderHQ @UnisysFederal @BAESystemsInc @OBXtek @InfotekConsult The winners were selected from an extensive pool of nominations that applied for the awards: The Winner of the Business Impact Award is Kleinfelder –

Firm Capital Mortgage Investment Corporation Announces ATM Offering of Up to $30 Million

/NOT FOR DISTRIBUTION OVER U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Oct. 23, 2017 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX:FC) is pleased to announce that it has established an at-the-market equity program (the “ATM Program”) that allows the Corporation to issue common shares from treasury (“Common Shares”) having aggregate gross sales of up to $30 million (the “Maximum Amount”) to the public from time to time, at the Company’s discretion. The ATM Program is being established pursuant to a prospectus supplement dated the date hereof (the “Prospectus Supplement”) filed in each

Lorne Park Capital Partners Inc. Closes Non-Brokered Private Placement

/NOT FOR DISTRIBUTION IN THE UNITED STATES, ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/ TORONTO, Oct. 23, 2017 (GLOBE NEWSWIRE) — Lorne Park Capital Partners Inc. (TSXV:LPC) (“LPCP”) is pleased to announce that it has closed a non-brokered private placement (the “Placement“) offering of 2,885,000 common shares (“Shares“) at a price of CAD$0.40 per Share for the aggregate principal amount of CAD$1,154,000. It is anticipated that the proceeds of the Placement will be used for working capital and general corporate purposes. Shares issued pursuant to the Placement are subject to a statutory

WSFS Reports 3Q 2017 EPS of $0.64 and ROA of 1.20%; Net Revenue Improves 16% Over 3Q 2016, Driven by Strong Growth Across Loans, Deposits, Net Interest Margin and Fee Income; Quarterly Cash Dividend Increases 29% to $0.09 Per Share

WILMINGTON, Del., Oct. 23, 2017 (GLOBE NEWSWIRE) — WSFS Financial Corporation (NASDAQ:WSFS), the parent company of WSFS Bank, reported net income of $20.6 million, or $0.64 per diluted common share for 3Q 2017 compared to net income of $12.7 million, or $0.41 per share for 3Q 2016 and net income of $20.6 million, or $0.64 per share for 2Q 2017. Net revenue (which includes net interest income and noninterest income) was $88.6 million for 3Q 2017, an increase of $12.0 million, or 16% from 3Q 2016. The strong increase in net revenue includes balanced growth in both net interest income

RumbleOn, Inc. Announces Closing of Underwritten Offering of Class B Common Stock

CHARLOTTE, N.C., Oct. 23, 2017 (GLOBE NEWSWIRE) — RumbleOn, Inc. (NASDAQ:RMBL) today announced the closing of an underwritten public offering of 2,910,000 shares of its Class B common stock at a price of $5.50 per share.  The Company has also granted the underwriters a 30-day option to purchase up to 436,500 additional shares of Class B common stock until November 19, 2017.  After the underwriting discount and estimated offering fees and expenses payable by the Company, RumbleOn expects net proceeds of approximately $14.5 million Roth Capital Partners and Maxim Group LLC served as joint book-running managers for the offering. Aegis

Meridian Bioscience Comments on FDA Press Statement Regarding Its Warning Letter Issued to Magellan Diagnostics

CINCINNATI, Oct. 23, 2017 (GLOBE NEWSWIRE) — Meridian Bioscience, Inc. (NASDAQ:VIVO) today announced that the FDA has issued a Warning Letter related to matters at its Magellan Diagnostics subsidiary.  In our July 27, 2017 press release, Meridian indicated that it expected Magellan would receive a Warning Letter based on the observations from the FDA’s inspection, which was completed on June 29, 2017. Since the issuance of the FDA 483 Inspectional Observations at the conclusion of the inspection, Magellan has initiated prompt and comprehensive quality system remediation activities. Magellan will promptly submit a response to the Warning Letter for the Agency’s

P.A.M. Transportation Services, Inc. Announces Results for the Third Quarter Ended September 30, 2017

TONTITOWN, Ark., Oct. 23, 2017 (GLOBE NEWSWIRE) — P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) today reported net income of $3,446,261, or diluted and basic earnings per share of $0.54 for the quarter ended September 30, 2017, and net income of $7,338,223, or diluted earnings per share of $1.14 ($1.15 basic) for the nine month period then ended. These results compare to net income of $3,451,178, or diluted earnings per share of $0.53 ($0.54 basic), and net income of $10,378,057, or diluted earnings per share of $1.54 ($1.55 basic), respectively, for the three and nine months ended September 30, 2016. Operating revenues,

Southern Missouri Bancorp Reports Preliminary Results for First Quarter of Fiscal 2018; Dividend of $0.11 Per Common Share Declared; Conference Call To Discuss Results Scheduled for Tuesday, October 24, at 3:30 PM Central Time

Poplar Bluff, Oct. 23, 2017 (GLOBE NEWSWIRE) — Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income available to common stockholders for the first quarter of fiscal 2018 of $4.9 million, an increase of $1.2 million, or 31.1%, as compared to the same period of the prior fiscal year. The increase was attributable to increases in net interest income and noninterest income, as well as a reduction in provision for loan losses, partially offset by an increase in noninterest expense and provision for income taxes. Preliminary net income available to

Amber Capital Updates Early Warning Report for Eco Oro Minerals

NEW YORK, Oct. 23, 2017 (GLOBE NEWSWIRE) — Amber Capital LP, on behalf of Amber Latin America LLC (on behalf of and for the account of Series Three), and Amber Global Opportunities Master Fund Ltd., which are investment funds managed by it (collectively, “Amber”) announces that, pursuant to a plan of arrangement under the British Columbia Business Corporations Act, the previous issue of 1,655,150 common shares (the “Converted Shares”) in the capital of Eco Oro Minerals Ltd. (“Eco Oro”) to Amber upon conversion of US$710,206.54 principal amount (the “Converted Principal Amount”) of convertible promissory notes (“Notes”) was rescinded.  The Converted

Independent Bank Group Reports Third Quarter Financial Results

McKINNEY, Texas, Oct. 23, 2017 (GLOBE NEWSWIRE) — Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announced net income of $23.5 million, or $0.84 per diluted share, for the quarter ended September 30, 2017 compared to $14.5 million, or $0.78 per diluted share, for the quarter ended September 30, 2016 and $18.1 million, or $0.65 per diluted share, for the quarter ended June 30, 2017. Highlights Adjusted (non-GAAP) net income was $24.8 million, or $0.89 per diluted share, compared to $22.7 million, or $0.82 per diluted share, for second quarter 2017, representing 9.2% increase Increase in adjusted (non-GAAP) return

U.S. Energy Corp. Announces Participation in Upcoming Drilling Program

DENVER, Oct. 23, 2017 (GLOBE NEWSWIRE) — U.S. Energy Corp. (NASDAQ:USEG) (“U.S. Energy” or the “Company”) today announced it will participate in the upcoming horizontal drilling program on its existing acreage position targeting the development of the Georgetown formation in Zavala and Dimmit Counties, Texas. The development program will take place on acreage positions previously developed for shallower horizons. Operations are expected to begin in late October 2017 and the initial well will be drilled as a dual lateral. Highlights U.S. Energy plans to participate in up to 6 horizontal wells on its existing acreage position. Company working interests range

NWEA names Christopher Minnich as new CEO

Portland, Ore., Oct. 23, 2017 (GLOBE NEWSWIRE) — The NWEA board of directors today announced that Christopher Minnich has been named as the organization’s new chief executive officer. The position is being vacated by Matt Chapman, who is retiring after more than a decade in the role, having led the organization from serving two million kids to more than ten million worldwide. Minnich will assume duties starting on January 29, 2018.  He currently serves as the Executive Director of the Council of Chief State Schools Officers (CCSSO).  “Chris impressed us with his deep expertise with assessment combined with his expansive

Yangarra Resources and NCS Multistage Announce Record-Breaking Well in the Cardium Formation

CALGARY, Alberta, Oct. 23, 2017 (GLOBE NEWSWIRE) — Yangarra Resources Ltd. (“Yangarra”) and NCS Multistage Holdings, Inc. (Nasdaq:NCSM) (“NCS Multistage”) have completed a 135-stage well in the Cardium Formation in 116 operating hours. The well was completed in a single coiled-tubing run with 7.4 million lb (3,374 tonnes) of proppant placed and an average frac rate of 34.59 bbl/min (5.5 m3/min). The completion alternated between single- and double-casing joint spacing between fracture sleeves, enabling Yangarra to optimize the lateral section of the wellbore and better understand the impact of increased fracture intensity on stage isolation effectiveness. Shawn Leggett, Vice President