BRY INVESTOR DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Berry Corporation – BRY

NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) — Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Berry Corporation (NASDAQ: BRY) (a) pursuant and/or traceable to the Company’s initial public offering conducted on or about July 26, 2018 (the “IPO” or “Offering”); or (b) between July 26, 2018 and November 3, 2020, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Berry Corporation investors under the federal securities laws.

To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email [email protected] for information on the class action.

According to the lawsuit,  defendants made false and/or misleading statements and/or failed to disclose that: (1) Berry had materially overstated its operational efficiency and stability; (2) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (3) the foregoing would foreseeably negatively impact the Company’s revenues; and (4) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein.

If you wish to serve as lead plaintiff, you must move the Court no later than January 21, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.

Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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Contact:  
Vik Pawar, Esq.  
Pawar Law Group  
20 Vesey Street, Suite 1410  
New York, NY 10007  
Tel: (917) 261-2277  
Fax: (212) 571-0938  
[email protected]



Pawar Law Group Announces a Securities Class Action Lawsuit Against QuantumScape Corporation– QS

NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) — Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of QuantumScape Corporation (NYSE: QS) from November 27, 2020 through December 31, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for QuantumScape Corporation investors under the federal securities laws.

To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email [email protected] for information on the class action.

According to the lawsuit,  defendants made false and/or misleading statements and/or failed to disclose that: the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; the Company’s battery technology was not sufficient for electric vehicle performance as it would not be able to withstand the aggressive automotive environment; the Company’s battery technology likely provided no meaningful improvement over existing battery technology; the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles the successful commercialization of the Company’s battery technology was subject to much more significant risks and uncertainties than defendants had disclosed; and as a result of the foregoing, defendants materially overstated the value and prospects of the Company’s battery technology. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you wish to serve as lead plaintiff, you must move the Court no later than March 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.

Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
——————————-

Contact:  
Vik Pawar, Esq.  
Pawar Law Group  
20 Vesey Street, Suite 1410  
New York, NY 10007  
Tel: (917) 261-2277  
Fax: (212) 571-0938  
[email protected]   



HireVue Leads the Industry with Commitment to Transparent and Ethical Use of AI in Hiring

  • O’Neil Risk Consulting & Algorithmic Auditing Reviews HireVue’s AI Algorithms

SALT LAKE CITY, Jan. 12, 2021 (GLOBE NEWSWIRE) — HireVue, the global leader in video interviewing, assessments, chatbot and recruiting automation technology, today made two announcements to extend its leadership position defining the transparent and appropriate use of AI and software as part of the hiring process.

HireVue released the results of an algorithmic audit by O’Neil Risk Consulting & Algorithmic Auditing (ORCAA). The audit concluded that “[HireVue] assessments work as advertised with regard to fairness and bias issues.” ORCAA’s CEO and founder, Cathy O’Neil, and her team audited an assessment used in hiring early career candidates (including from college campuses) as a representative use case that was developed with HireVue’s methodology. Moving forward, HireVue and ORCAA will continue to collaborate on ways to further enhance HireVue’s offerings. As a result, HireVue aims to set a high industry bar for candidate transparency and equality of access.

Independently, early in 2020, HireVue proactively removed the visual analysis component from all of its new assessments. HireVue’s internal research demonstrated that recent advances in natural language processing had significantly increased the predictive power of language. With these advances, visual analysis no longer significantly added value to assessments. HireVue published a review of these supporting findings.

“Democratizing the hiring process for candidates and employers is the foundation on which HireVue stands. Our news today reaffirms HireVue’s leadership role in defining the best, most appropriate use of AI in hiring, and our commitment to rigorous, ongoing measurement of the impact our software has on individual candidates, our customers, and society as a whole,” said Kevin Parker, Chairman and CEO of HireVue. “Along the way, we adhere to a strict set of ethical principles that ensures both employer and candidate are assured of a fair, diverse and inclusive hiring journey.”

Ongoing Commitment to Fairness

HireVue has a long, established track record delivering science-led ethical AI solutions for hiring:

  • The company follows established best practices in the field of IO Psychology and data privacy, so that our assessments meet the strict standards of fairness from agencies such as the Equal Employment Opportunity Commission and the American Psychological Association (to name a few).
  • In 2019 HireVue became the first HR technology company to create an expert advisory board and publicly release a set of AI ethical principles. HireVue undertook these steps knowing that transparency, concrete guideposts, and the input of experts is the best way to uphold their principles.
  • HireVue supports the Illinois Artificial Intelligence Video Interview Act (AIVIA), and the company is open to ongoing involvement in conversations around the regulation and use of AI in hiring.

More details on our commitment to AI Ethics and standards can be found at www.hirevue.com/why-hirevue/ai-ethics

For access to the ORCAA report visit https://www.hirevue.com/resources/orcaa-report

About HireVue

HireVue is where hiring happens – transforming the way organizations discover, engage, and hire the best talent. Connecting companies and candidates anytime, anywhere, HireVue’s industry leading end-to-end hiring platform features video interviewing, assessments and conversational AI. HireVue has hosted more than 18 million video interviews and 114M chat-based candidate engagements for over 700 customers around the globe.

Press Contact

Andrea Judson-Torres
Highwire PR
310-592-6341
[email protected]



Conclusion of an Agreement in Principle With Respect to a Qualifying Transaction Between Orletto Capital II Inc. and Enerdro Inc.

QUEBEC CITY, Quebec, Jan. 12, 2021 (GLOBE NEWSWIRE) — Benoit Chotard, President and Chief Executive Officer of Orletto Capital II Inc. (“Orletto”) (TSX-V “OLT.P”), a Capital Pool Company, is pleased to announce the conclusion of an agreement in principle with ENERDRO Inc. (“ENERDRO”) on January 6, 2021 for the realization of a qualifying transaction, as per Policy 2.4 of the TSX Venture Exchange (the “Exchange”).

About ENERDRO

ENERDRO is a renewable energy group, focusing specifically on small-scale hydroelectric power generation in North America and Europe. ENERDRO acquires manages finances and maintains small hydroelectric power plants with capacity output in the range up to 25 MW.

Summary of the Terms of the Agreement in Principle

According to the terms of the agreement in principle, Orletto proposes to acquire all the issued and outstanding securities of ENERDRO by the issuance of common shares and, upon the closing of the acquisition, the shareholders of Orletto and ENERDRO will hold respectively 18,52% and 81,48% of all the issued and outstanding common shares of Orletto, calculated prior to any additional financing. The qualifying transaction is subject to various conditions such as its approval by the board of directors of Orletto and ENERDRO, the hiring of a brokerage firm and the completion of a concurrent private or public placement of a minimum of $3,000,000 and a maximum of $5,000,000. The qualifying transaction constitutes an arm’s length qualifying transaction and is not subject to shareholder approval. Furthermore, the Exchange has not considered the merits of the contemplated qualifying transaction. A more detailed press release will be subsequently published in order to provide additional details on the contemplated qualifying transaction. Consequently, trading in the common shares of Orletto will remain halted until the publication of a press release announcing that trading in the common shares is resumed.

Further Details Regarding ENERDRO

Based on the unaudited financial statements of ENERDRO for the year ended December 31st 2020, ENERDRO had total current assets of approximately $20,000, total current liabilities of approximately $80,000 and a shareholders’ equity of approximately $5,500,000. ENERDRO has generated $0 in revenue, a gross margin of $0 and a net loss of $150,000.

Buckell Trust which the fiduciary Dave B. Gagnon, 9029-6799 Québec Inc. owned by Daniel Charette and JURAFE Trust which the fiduciary Stéphane Dallaire respectively hold, directly or indirectly, 8,611,343 shares, 7,151,793 shares and 5,692,244 shares in the capital of ENERDRO, which represent an aggregate of 88,5% of the voting shares of ENERDRO. To the knowledge of Orletto and ENERDRO, no other person will beneficially own, directly or indirectly, or exercise control or direction over, more than 10% of the voting rights attached to all of the outstanding shares of Orletto after the completion of the proposed qualifying transaction.

Directors and Officers of ENERDRO

Subject to applicable approvals, it is anticipated that the five directors of ENERDRO will be nominated shortly. Management of ENERDRO will include Dave B. Gagnon as Chief Executive Officer and Chairperson of the Board, Daniel Charette as executive Vice President and Chief Operation Officer, Kyle Appleby as Chief Financial Officer, Stéphane Dallaire as Head of Corporate Finance, Laëtitia Fière as executive Vice President and Sid Zerbo as Head of Engineering. Biographies for the officers and directors of ENERDRO are described below.

Member of the Board of directors

The board members of ENERDRO will be nominated shortly.

Officers of ENERDRO


Dave B. Gagnon – Chief Executive Officer and Chairperson of ENERDRO

Dave B. GAGNON is a Canadian sustainable entrepreneur. He joined the family business and through his vision and ability to establish strategic partnerships he allowed the company to reach new heights, expanding the business internationally and giving it access to large and high-profile projects for major public entities. He also implemented the company’s the first sustainable development policies before this became common practice. After several years working in the family business, he decided to acquire new skills and joined a subsidiary of the Caisse de dépôt et placement du Québec” where he helped other entrepreneurs grow their business and gained deep knowledge of the financial markets. The position was interesting and challenging, but eventually his entrepreneurial nature and visionary drive led him to start new business ventures.

Mr. GAGNON is currently a main shareholder and Chairman l CEO of ENERDRO incorporated, invested in small Hydropower operations in North America, Europe and Chairman of BUCKELL l Co, a family-owned private sustainable group specializing in Renewable Energy, Lithium-ion & Green Hydrogen solutions.


Daniel Charette – Executive Vice President and Chief Operation Officer

Daniel CHARETTE is a veteran in Renewable Energy and an entrepreneur that has been managing many sustainable energy companies for over 30 years. In the early days of the start of the Canadian wind energy sector, he has held numerous positions within renewable energy in Canada and internationally. In 1998, he was appointed Director of Manufacturing by Danish Wind Turbine manufacturer NEG Micon A/S to set-up first Canada’s wind turbine nacelles assembly plant. The following year, he establishes Canada’s first regional center for the operations and maintenance of wind turbines for the America`s largest wind farm at the time. He acted as NEG Micon’s National Sales for Canada and for Vestas after the merger with sales close to $1B. Business Development Manager for the Renewable Energy Division wind / hydro at Brookfield Power where his first task was to complete permitting and managing construction of company’s first two projects worth over $300M, perform due diligences and acquisition audits on projects for $2B worth of projects.

Mr. CHARETTE has served on various Association Boards & Councils, including on the Board of Directors of the Canadian Wind Energy Association (CanWEA) for nine years, Association Québécoise des Producteurs d’Énergie Renouvelable (AQPER) for two years and Latin Wind Energy Association (LAWEA) for 3 years. Mr. CHARETTE is fully engaged into the development of sustainable, renewable and socially acceptable energy projects in benefit of future generations.


Kyle Appleby – Chief Financial Officer

Kyle APPLEBY brings considerable financial experience to the Company. During the first 10 years of his career, he has been working in public accounting where he worked in both audit and advisory practices, working with private companies and investment funds. In 2007, he left the world of public accounting to focus on providing management and accounting services to public companies across a variety of industries including energy business, food manufacturing, cannabis, sustainable agriculture, technology, mining and crypto currency. Mr. APPLEBY has been the Chief Financial Officer for numerous private companies as well as for publicly traded corporations listed in Canada, US and London. He is also an active member on the Board of Directors of several companies.

He holds a Chartered Professional Accountant designation and is a member in good standing of the Chartered Professional Accountants of Ontario and Canada. Beyond his professional interest, Mr. APPLEBY also has a strong personal interest in the UN Sustainable Development Goals and protection of the environment.


Stéphane Dallaire – Head of Corporate Finance

Stéphane DALLAIRE is an executive level manager with 25 years’ experience leading financial operations, private equity investments, M&A, and asset dispositions in High Tech, Entertainment, Telecom, IT, Solar and Energy Technologies. Mr. DALLAIRE has led over 700M$ of financial and strategic partnerships at the international level where he played a key role implementing and delivering high growth solutions for large institutions.

Holder of the CFA, CMA, CPA and CPA (USA) designations, Mr. DALLAIRE also has a B.B.A from HEC Montreal in Finance, an Executive MBA and a Specialized Graduate degree in Accounting from University of Quebec. He is also an active member of the CFA Institute, l’Ordre des CPA du Québec, l’Association des MBA du Québec, the Illinois Board of Examiners, the Illinois Department of Financial and Professional Regulation and the Illinois CPA Society.


Laëtitia Fière – Executive Vice-President

Laetitia FIERE, MBA, is a committed manager with over 15 years of experience in communication, marketing, development of Corporate Affairs and M&A. Having lived, studied and worked in Europe and North America, she gained a deep knowledge of the European and American business cultures, enabling her to successfully develop business partnerships and technology transfers overseas as well as strategic acquisitions.

Ms. FIERE has held increasingly strategic positions as Director of Strategic Analysis, Vice President of European Operations, Vice President Marketing / Communications and Director for companies in the wind energy sector, Lithium industry and philanthropy. Imbued with the values of sustainable development and corporate social responsibility, she also created and managed the Sustainable Development Committee for a manufacturing company in wind energy. Ms. FIERE holds an Executive MBA and a bachelor’s degree from HEC Montreal. As someone continually striving to improve her management skills, she also completed a Specialized Post-Graduate Diploma in sustainable development management at HEC Montreal.

In addition to being to her continuous commitment to sustainable development and protection of the environment, she is also recognized for her philanthropic involvement.


Sid Zerbo. Head of Engineering

Sid ZERBO, P. Eng, is an electrical engineer and a hands-on project manager with over 30 years of professional experience in North America, dedicating himself to the electrical integration of hydro-electric, automation of industrial processes and other clean energy proposals and projects.

In recent years, Mr. ZERBO’s entrepreneurial spirit has led him to work as an independent consultant, technical expert advisors and Canada Sales manager for large renewable energy projects and power systems integration, such as American Superconductor (AMSC). Mr. ZERBO has been involved as consultant engineer on an anti-corruption mandate for the BIPA (Bureau de l’intégrité professionnelle et administrative) in Canada.

In addition to his professional work, Mr. ZERBO has also been relentlessly involved as president and board member in social causes, working to giving back to the community. Over the last 20 years he was involved as president of the Montreal Chapter and vice-president of the Order of Engineers of Quebec; he is the President of the board of the ‘Festival International Nuits d’Afrique, the largest world music festival in North America. Mr. ZERBO also received several recognitions including, a Fellowship distinction from Engineer Canada and a distinction of Chevalier du Mérite of Burkina Faso.

Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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

Forward-Looking Statement

This press release includes forward-looking statements that are subject to risks, uncertainties and other factors. All statements other than statements of historical fact could be deemed forward-looking statements. These risks, uncertainties and other factors could cause actual results to differ materially from those referred to in the forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. All forward-looking statements are based on information currently available to ENERDRO and ENERDRO assumes no obligation to update any such forward-looking statements.

Contacts: Benoit Chotard  Dave B. Gagnon
  President, Chief Executive  Chief Executive Officer and
  Officer and Director Chairperson of the Board
  Orletto Capital II Inc ENERDRO Inc.
  Telephone: 778-996-4676 Telephone: 450-524-0067
  Email: [email protected] Email: [email protected]



ADM Endeavors, Inc. (OTCQB: ADMQ) Launches CBD Products, Custom Designed T-Shirts at Dallas Market Center Gift Trade Show

FORT WORTH, TX, Jan. 12, 2021 (GLOBE NEWSWIRE) — via NewMediaWire –ADM Endeavors, Inc. (OTCQB: ADMQ) is pleased to announce that its has launched its unique CBD products and its T-Shirt Boutique Line at the prestigious Dallas Market Center Gift Trade Show.

ADM Endeavors is exclusively distributing 100 ML CBD roll-ons. ADMQ is unique in bridging the gap between the multi-million-dollar promotional products market, the sector it is in, and the successful CBD market.

The Company’s T-Shirt Boutique Line will make you the talk of the town with amazing new ideas including repeating text, handwritten typography, design that will recall previous times in history, and color outside the line to attract the eye, a great new trend.  Visit https://www.fwpromo.com/t-shirt-design-ideas/ to view this incredible line of T-shirts that will wow your friends and neighbors.

Trade show information is available at:  https://youtu.be/nAab-4uSmmc

The Dallas Market Center is a global business-to-business trade center connecting retailers and interior designers with top manufacturers of numerous products. Inside its dynamic, five million square foot campus, nearly 200,000 customers from all 50 states and 85 countries annually seek industry trends, business education and new products from exhibitors including the nation’s most comprehensive apparel and accessories markets featuring the latest styles from East Coast and West Coast designers. The marketplace is located in the strongest economic zone in the country. In addition, more than 80% of Dallas Market Center buyers report that they do not shop other market centers.

“We are pleased to have our new and novel products on display at this prestigious location,” said CEO Marc Johnson.

ABOUT ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has been consistently profitable, with sales topping $3.8 million in 2019.  The Company sells “Anything With A Logo” on its website, JustRightProducts.com, developing products ranging from unique business cards to coffee cups, T-shirts to boots, with tens of thousands of other unique products from which to select. The Company operates a diverse vertical integrated business in the Dallas/Fort Worth area, consisting of a retail sales division, screen print production, embroidery production, digital production, import wholesale sourcing, and uniforms. 

Forward Looking Statement:

This press release contains certain “forward-looking statements,” as defined in the United States PSLRA of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management’s current expectations. The economic, competitive, governmental, technological and other factors identified in the Company’s previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact: ADM Endeavors, Inc.

Paul Knopick

[email protected]

940.262.3584

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Spectra Logic Announces Latest Version of StorCycle Storage Lifecycle Management Software

Boulder, Colo., Jan. 12, 2021 (GLOBE NEWSWIRE) — Spectra Logic, a leader in data storage and data management solutions, today announced the latest release of its award-winning StorCycle® Storage Lifecycle Management software. StorCycle 3.3 comes with a range of new features including an open RESTful API that allows users to integrate StorCycle into a broader set of workflows, as well as new enhancements that advance the software’s ability to migrate data to disk, tape and cloud storage, including all tiers of Amazon® and Microsoft® Azure®.

StorCycle is a storage lifecycle management software solution that ensures data is stored on the right tier throughout its lifecycle for greater IT and budgetary efficiencies. Created for organizations that need lasting protection and access to data which is no longer active, but still critical to retain, StorCycle scans primary storage for inactive files and migrates them to a lower cost tier of storage, which includes any combination of cloud storage, object storage disk, network-attached storage (NAS) and object storage tape. Interoperable with Linux and Windows, StorCycle migrates data, without changing original formats, and allows users to have easy access to all data including data migrated to higher latency storage mediums like cloud “cold” tiers and tape.

StorCycle 3.3 delivers the following new benefits:

  • Open API

With the exposed RESTful API, users can take advantage of StorCycle’s core features, including scanning, migrating, and restoring data to build integrations and applications that leverage StorCycle’s Storage Lifecycle Management capabilities. The exposed API is an excellent tool for advanced users who wish to integrate StorCycle into wider workflows. In addition to providing core commands to configure storage locations, the API helps users build applications to better manage jobs or perform bulk actions without using the web interface.

  • Extended Cloud Support to Microsoft Azure and Amazon

StorCycle 3.3 extends cloud support to Microsoft Azure, including both the standard (hot/cool) and archive tiers. Azure can be used as a storage target for migrate/store jobs, helping organizations leverage the cost-effectiveness and ease of cloud storage. This is in addition to StorCycle’s existing support for Amazon S3 standard and archive tiers. Additional support for Amazon has also been added in StorCycle 3.3 so that users can leverage StorCycle’s capability to tier data to Glacier and Deep Archive from standard tiers after a migration.

  • Automated Restore Notification Alerts

When configuring a restore job, StorCycle users now have the ability to request automatic email alerts when the restore job completes. This is especially helpful and convenient for restore jobs which may take several hours (such as with Amazon Glacier or Azure Archive).

  • Real Time Performance and Progress Data

Real time performance and progress data is now displayed when a migrate or restore job is active. Migrate/store and restore jobs will display the data rate (MB/s), the amount of data transferred thus far and the job size. Scan jobs will display the total directories and files migrated per second. Each performance chart is easily available on the respective jobs pages (migrate, restore, scan), as well as the main jobs page which will display all active jobs in StorCycle. This feature is especially useful when many large jobs are running in parallel and other organizational tasks depend on job completions.

  • OpenLDAP

In addition to Active Directory, StorCycle now provides full support for OpenLDAP for user authentication. When configured, users on the LDAP domain can be given Restore User permissions where they are able to restore migrated data without Administrator assistance. Configuring OpenLDAP also makes it easier for Administrators to add named users to StorCycle, where they can be given additional permissions in the application, such as Administrator or Storage Manager roles.



StorCycle — Award-Winning Software

StorCycle won several product awards for excellence in innovation, data management and cloud enablement in 2020. The list includes: Digital Media World 2020 Gold AwardsStorCycle® Storage Lifecycle Management software earned the 2020 Digital Media World Award in the Best Digital Asset Management award category. Spectra’s StorCycle was recognized for its ability to bring visibility and insight to better manage storage volumes through intelligent tiering and data migration, while maintaining direct, consistent access to migrated assets and enhancing search capabilities with the use of metadata tags. The Cloud Awards – StorCycle was a finalist in the international Cloud Computing Awards program, The Cloud Awards. StorCycle was recognized as the Best Hybrid Cloud Solution for enabling organizations to implement a more effective and efficient hybrid cloud solution which reduces data storage costs while optimizing data protection. The Storries – StorCycle software was honored with the Storage Innovation of the Year award by Storage Magazine, which recognizes Spectra’s innovation in providing one of the industry’s most effective storage lifecycle management software solutions to enhance IT infrastructures. DCS Awards – StorCycle software was a finalist for the Product of the Year category by the 2020 DCS Awards, which rewards the achievements of product designers, manufacturers, suppliers and providers operating in the data center arena in Europe.

About Spectra Logic Corporation

Spectra Logic develops data storage and data management solutions that solve the problem of long-term digital preservation for organizations dealing with exponential data growth. Dedicated solely to storage innovation for more than 40 years, Spectra Logic’s uncompromising product and customer focus is proven by the adoption of its solutions by leaders in multiple industries globally. Spectra enables affordable, multi-decade data storage and access by creating new methods of managing information in all forms of storage—including archive, backup, cold storage, private cloud and public cloud. To learn more, visit www.SpectraLogic.com.



Resources:

StorCycle 3.3 Video

StorCycle Brochure

StorCycle White Paper

 

 
Follow Spectra Logic on social media: 

Twitter: @spectralogic
Facebook: https://www.facebook.com/spectralogic
LinkedIn: https://www.linkedin.com/company/spectra-logic 
Instagram: @spectralogic 

# # #

 

Media Contacts:

Spectra Logic
Susan Merriman
303-449-6444,1378
[email protected]

 

A3 Communications
Kim Pegnato
781-835-7118
[email protected]

 

 

Spectra and Spectra Logic are registered trademarks of Spectra Logic Corporation. All other trademarks and registered trademarks are the property of their respective owners.

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Susan Merriman
Spectra Logic
303-449-6444 x1378
[email protected]

Flow Insurance Launches Flood Comparative Rater with ClarionDoor

SANTA BARBARA, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) — Flooding has arguably become one of the most devastating natural disasters, impacting millions of homes and businesses every year. Changing climate and extending flood zones have potentially placed more homes at risk without the knowledge of insurers or policyholders. To meet the increased need for accurate flood coverages, Flow Insurance Services (Flow), a California-based, Lloyds coverholder and program manager, has launched both a private residential and a commercial flood comparative rater, FlowRater, on ClarionDoor.

With flooding not covered by standard homeowners’ insurance, many homeowners are unknowingly at risk of not being protected. In fact, flood insurance is so often overlooked that only 15 percent of U.S. homeowners have separate flood insurance policies.

“FlowRater is innovating the way agents purchase flood insurance by utilizing single point entry and taking what would be a 30-minute exercise in quoting down to three minutes,” said Michael Pallas, co-founder of Flow, about mitigating the problem.

“We have seen a significant increase in flood activity over the last several years and it is crucial that homeowners are properly protected,” said Abbe Sultan, co-founder of Flow. “Our goal is to be the agent’s solution for the best flood insurance options available on the market. ClarionDoor’s modern insurance platform has enabled us to do that and establish connections to our distribution channels in record time so we can better service our agency partners.”

ClarionDoor’s API-first, digital distribution platform provides insurers and managing general agencies (MGAs) the flexibility needed to create, launch, and distribute products for any line of business. With a deeper bench of data experts, implementation times that easily beat industry norms, guaranteed uptimes, and real-time scalability, ClarionDoor helps insurers and MGAs achieve immediate improvements in critical processes.

“MGAs have the unique challenge of not only providing a streamlined service to their customers, but also establishing seamless relationships with distribution channels,” said Patrick McCall, chief sales officer at ClarionDoor. “We are proud to have been part of the solution for Flow.”

For more information, please contact


Spiro Skias, Director of Product Marketing for ClarionDoor


, at


[email protected]


, or visit the company website at


www.clariondoor.com


.

About Flow Insurance Services

Founded in 2016, Flow Insurance Services is a Lloyds coverholder and program administrator manager. Flow was built by agents, for agents. FlowRater the private flood comparative rater will launch on Oct 13th. Quote all the major private flood insurance carriers at the same time. Our platform is easy to use and best of all no cost to our appointed agents. FlowRater can quote both residential & commercial private flood insurance, with the goal providing the best options by partnering with innovative markets, offering state of the art products at a competitive price, delivering proposals and policies with speed, while utilizing technology to create efficiency for you and your client. For more information, please visit https://www.flowinsurance.com/or contact us at [email protected].

About ClarionDoor

ClarionDoor is a cloud-native, SAAS provider of the most intelligent, insurance product distribution platform with a multitude of customers live today across the United States, Australia, New Zealand, and the United Kingdom. Our breakthrough API-first technology enables MGAs, brokers, carriers, and program administrators to rate, quote, and issue for any line of business; getting them live in weeks, and liberating them to focus on innovation, not implementation. To learn more, visit www.clariondoor.com or contact us at [email protected].



Fatburger and Buffalo’s Express Debut Vegetarian Chick’n Vings

All-American burger and wings brand spices up its wing offerings with new menu item

LOS ANGELES, Jan. 12, 2021 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express and seven other restaurant concepts, announces a new, vegetarian wing offering with a twist, “Chick’n Vings,” made with Quorn Vegetarian Meatless Wings.

“Some of the major themes in the food space coming out of 2020 were the heightened desire for comfort food and the need for inclusive, delicious options for all,” said Andy Wiederhorn, CEO of FAT Brands. “Our new Chick’n Vings answer this calling by allowing our world-famous wings to be accessible to a wider range of dietary preferences without sacrificing the taste. We anticipate our Chick’n Vings being an immediate hit with our customers, similarly to when we introduced a meatless burger option.”

The Chick’n Vings can be served plain or smothered in any of Buffalo’s Express’ 13 house-made, mouthwatering sauces including Scorchin’, Carolina Fire BBQ, Coconut Jerk, Honey Garlic, and Sweet Bourbon BBQ. The new offering will be available at all domestic Fatburger and Buffalo’s Express locations.

“We are thrilled to bring our wings to Fatburger and Buffalo’s Express fans across the country,” said Ben Sussna, Head of Marketing and Innovation at Quorn Foods. “Our wings are not only delicious, they are packed with protein and made via a sustainable manufacturing process that’s kind to our planet. Smothered in Buffalo’s Express’ iconic sauces, you won’t believe they are not chicken!”

All Quorn products, including the new Chick’n Vings, are vegetarian and sustainably produced using less land and water to produce than meat.

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Cross-Contamination & Allergen Notice: standard kitchen operations involve shared cooking and preparation areas where cross-contact with other foods and allergens may occur. Cross contaminants & allergens include, but are not limited to: milk, eggs, tree nuts, wheat, soybeans, beef, poultry, dairy, gluten, etc. Fatburger is not a certified vegetarian or vegan restaurant.

For more information or to find a Fatburger near you, please visit www.fatburger.com.

For more information or to find a Buffalo’s Express near you, please visit www.buffalos.com.


About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns nine restaurant brands: Fatburger, Johnny Rockets, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 675 units worldwide. For more information, please visit www.fatbrands.com.


About Quorn

Quorn Foods is a global market leader in meat alternative foods with nearly 5 billion meals served since 1985. Headquartered in the U.K., with a US Office in Chicago, Quorn offers a wide assortment of frozen and refrigerated meat alternative products to appeal to the rapidly expanding group of consumers wanting to reduce their meat consumption. Because the growing population needs sustainably produced protein that is also healthy, Quorn takes a different approach when it comes to protein production. All Quorn products are made from mycoprotein, which is a source of high-quality protein that is low in saturated fat and contains no cholesterol. For more information about Quorn, visit www.quorn.us or follow us at Instagram.com/quornusa or facebook.com/QuornUSA.


About Fatburger

An all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™.


About Buffalo’s Express

Founded in 1985 in Roswell, Georgia, Buffalo’s Express is a fast-casual chain known for its world-famous chicken wings and proprietary wing sauces. Co-branded with over 100 Fatburger restaurants to date, Buffalo’s Express’ significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo’s Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo’s Express – Where Everyone is Family™.

MEDIA
CONTACT:

Erin Mandzik, JConnelly
[email protected]
862-246-9911



Gerald Sullivan Elected Chairman of TCN Worldwide Board of Directors

H. Ross Ford, president and CEO of TCN Worldwide, is pleased to announce Gerald F. Sullivan, Principal and Managing Broker of PW Commercial/TCN Worldwide in Chicago, has been elected Chairman of the TCN Worldwide Board of Directors.

Dallas, TX, Jan. 12, 2021 (GLOBE NEWSWIRE) — H. Ross Ford, president and CEO of TCN Worldwide, is pleased to announce Gerald F. Sullivan, Principal and Managing Broker of PW Commercial/TCN Worldwide in Chicago, has been elected Chairman of the TCN Worldwide Board of Directors. Originally elected to the Board of Directors in 2015, Mr. Sullivan has served as the Vice-Chairman for the past three years.

“We are very pleased to announce Gerald Sullivan as the Chairman of TCN Worldwide’s Board of Directors,” stated Ross Ford. Jerry’s impressive background and stellar reputation within the industry as well as his continued commitment to our organization sets him apart as one of the industry’s most impressive leaders. PW Commercial has been a member of TCN Worldwide for 10 years and we are proud to have someone of Jerry’s caliber help lead TCN Worldwide as our current Chairman. TCN Worldwide is committed to equipping its members with the necessary tools and resources to help them succeed while providing the best real estate solutions for their clients across the globe.”

Mr. Ford added, “I’d like to thank our previous Chairman, Barry Beitler, President of Beitler Commercial Realty Services/TCN Worldwide in Los Angeles who has served on TCN’s Board since 2012 and as Chairman since 2017. Barry has been an outstanding Chairman and he will be missed in that capacity but we look forward to his ongoing participation on our Board of Directors as Chairman Emeritus and in the organization as a longstanding TCN member since 2003.”

Mr. Sullivan began his career in the Corporate Services Group of Baird & Warner and joined Paine Wetzel Commercial Real Estate in 1992. As a consistent Top Producer, Jerry was asked to become a Principal of the firm in 2001. Mr. Sullivan has twice been recognized by his peers, being nominated for the prestigious Industrial Transaction of the Year Award by the Chicago Chapter of NAIOP. 

The 2021 TCN Worldwide Board of Directors include: 

  • Gerald Sullivan, Principal and Managing Broker at PW Commercial/TCN Worldwide in Chicago. Mr. Sullivan will serve as Chairman of the Board.
  • William Sitar Jr., Vice President at Sitar Realty/TCN Worldwide in New Jersey. Mr. Sitar will serve as Vice-Chair.
  • Timothy Mitchell, Principal at Norris & Stevens, Inc./TCN Worldwide in Portland. Mr. Mitchell will serve as Treasurer.
  • Ben Azulay, Principal & Executive Managing Director at Bradford Allen Realty/TCN Worldwide in Chicago. Mr. Azulay will serve as Secretary.
  • Barry Beitler, President of Beitler Commercial Realty Services/TCN Worldwide in Los Angeles. Mr. Beitler will serve as Chairman Emeritus.
  • Jonathan Rosenberg, Co-Founder and Managing Partner of LevRose Commercial Real Estate/TCN Worldwide in Phoenix, will serve as an at-large Board Member.
  • H. Ross Ford, President & CEO of TCN Worldwide in Richardson, TX. Mr. Ford is responsible for the strategic direction of the organization and the implementation of all expansion and networking initiatives.

 

About TCN Worldwide

TCN Worldwide ranks as one of the largest service providers in the commercial real estate industry. An extensive range of real estate services coupled with a personal commitment to exceed client expectations is what allows TCN Worldwide to be a leader in the commercial real estate industry. 

With over 1500 commercial real estate professionals serving more than 200 primary and secondary markets worldwide, TCN Worldwide provides complete integrated commercial real estate solutions across North America, Asia, the Middle East, and Australia.

For more information on TCN Worldwide, contact H. Ross Ford at 972-769-8701 or visit www.TCNWorldwide.com.

 

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Attachment



Claudia Crow
TCN Worldwide
9727698701
[email protected]

OTC Markets Group Announces Quarterly Index Performance and Rebalancing

PR Newswire

NEW YORK, Jan. 12, 2021 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced the fourth quarter 2020 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.

The OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was up 21.8% in the fourth quarter. Fifty-eight new companies were added to the index, including: A2Z Smart Technologies Corp. (OTCQX: AAZZF); Acreage Holdings Inc. (OTCQX: ACRHF); Grayscale Bitcoin Cash Trust (BCH); (OTCQX: BCHG); Barksdale Resources Corp. (OTCQX: BRKCF); Destination XL Group, Inc. (OTCQX: DXLG); Grayscale Litecoin Trust (LTC) (OTCQX: LTCN); NOVONIX LTD. (OTCQX: NVNXF); Thunderbird Entertainment Group Inc. (OTCQX: THBRF) and White Rock Minerals Limited (OTCQX: WRMCF). Forty were removed from the index, including InMed Pharmaceuticals, Inc. (INM) which graduated to NASDAQ on 11/12/2020 and Smith-Midland Corp. (SMID) which graduated to NASDAQ on 11/17/2020.

The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies, was up 21.5% for the quarter.  Eight companies were added to the index including: Grayscale Bitcoin Cash Trust (BCH) (OTCQX: BCHG); Diversified Gas & Oil PLC (OTCQX: DGOCF) and Grayscale Litecoin Trust (LTC) (OTCQX: LTCN). Three companies were removed.

The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, was up 20.7% in the quarter. Eleven new companies were added to the index including: Blackhawk Bancorp, Inc. (OTCQX: BHWB); First Home Bancorp, Inc (OTCQX: FHBI); RusHydro PJSC (OTCQX: RSHYY) and Gran Colombia Gold Corp. (OTCQX: TPRFF).     
Twenty-six companies were removed.

The OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, increased 14.1% in the fourth quarter. Fourteen banks were added to the index in the quarter and thirteen companies were removed. The fourteen banks added were: Blackhawk Bancorp, Inc. (OTCQX: BHWB); Bank of San Francisco (OTCQX: BSFO); CoastalSouth Bancshares, Inc. (OTCQX: COSO); Dacotah Banks, Inc. (OTCQX: DBIN); First Home Bancorp, Inc (OTCQX: FHBI); FineMark Holdings, Inc. (OTCQX: FNBT); High Country Bancorp, Inc. (OTCQX: HCBC); InsCorp, Inc. (OTCQX: IBTN);  Kish Bancorp, Inc. (OTCQX: KISB); Mars Bancorp, Inc. (OTCQX: MNBP); SVB&T Corporation (OTCQX: SVBT); Virginia National Bankshares Corporation (OTCQX: VABK); Valley Republic Bancorp (OTCQX: VLLX) and White River Bancshares Company (OTCQX:WRIV).

The OTCQX International Index (.OTCQXINT), a benchmark for international OTCQX companies, was up 20.1% for the quarter. Twenty-one new companies were added to the index including: AAC CLYDE SPACE (OTCQX: ACCMF); C21 Investments Inc. (OTCQX: CXXIF); Filo Mining Corp. (OTCQX: FLMMF); Great Bear Resources Ltd (OTCQX: GTBAF); Irving Resources Inc (OTCQX: IRVRF); NOVONIX LTD. (OTCQX: NVNNF); Subversive Capital Acquisition Corp (OTCQX: SBVCF) and Subversive Real Estate Acquisition REIT LP (OTCQX: SBVRF). Fifty-six companies were removed.

The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX companies, was up 39.5% in the fourth quarter.  Twenty-eight companies were added to the index and thirteen companies were removed.

OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX companies, was up 67.8% in the fourth quarter. Twenty-seven companies were added to the index and twenty-one companies were removed. The increase in the index was due to the significant rise in crypto currency and the heavy weighting of GBTC and ETHC in the index.

OTCQX Cannabis Index (.OTCQXMJ), a benchmark for cannabis companies, was up 68.4% in the fourth quarter. Six new companies joined the index: 4Front Ventures Corp. (OTCQX: FFNTF); PHARMACIELO LTD. (OTCQX: PCLOF); Subversive Capital Acquisition Corp (OTCQX: SBVCF); Skylight Health Group Inc. (OTCQX: SHGFF); Terra Tech Corp. (OTCQX: TRTC) and The Valens Company Inc. (OTCQX: VLNCF). Ten companies were removed.

The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was up 28.4% in the fourth quarter. One hundred-eight companies were added to the index and one hundred-one companies were removed. TOMI Environmental Solutions, Inc. (TOMZ) graduated to NASDAQ on 10/1/2020. FUBOTV Inc. (FUBO) graduated to the NYSE on 10/8/2020.  Intrusion, Inc. (INTZ) graduated to NASDAQ on 10/9/2020. Sanara MedTech Inc. (SMTI) graduated to NASDAQ on 11/2/2020.  INVO BioScience, Inc. (INVO) graduated to NASDAQ on 11/13/2020. Lixte Biotechnology Holdings, Inc. (LIXT) graduated to NASDAQ on 11/25/2020. AMMO, INC (POWW) graduated to NASDAQ on 12/1/2020. Cyclo Therapeutics, Inc. (CVLB) graduated to NASDAQ on 12/10/2020. Immunoprecise Antibodies Ltd. (IPA) graduated to NASDAQ on 12/30/2020.

For a list of all index additions and deletions, visit
https://www.otcmarkets.com/files/Quarterly_Index_Constituent_Changes.pdf

All indexes are market capitalization-weighted and adjusted on a quarterly basis for additions and share changes over 5% during the months of March, June, September and December. In the case of ADRs, the DR ratio is considered.  Dividends are re-invested as of the close of business the day before the ex-dividend date.

The OTCQX Composite Index, OTCQX Billion+ Index, OTCQX Dividend Index, OTCQX International Index, OTCQX U.S. Index, OTCQX Banks Index, OTCQX Cannabis Index, and OTCQB Venture Index have minimum liquidity screens to ensure tradability. 

All index data is priced in real-time and is available on the OTC Markets Group website, www.otcmarkets.com, and via major financial data distributors and websites, including Bloomberg, Reuters and FT.com. 

Past performance does not guarantee future results.  Investors cannot invest directly in any of these indexes.   

OTC Markets Group Inc. provides no advice, recommendation or endorsement with respect to any company or securities.  Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]

 

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SOURCE OTC Markets Group Inc.