Salesforce Einstein Now Delivers 80+ Billion AI-Powered Predictions Every Day

Adoption surges as customers adapt to rapidly shifting market conditions

Customers such as AdventHealth, Icebreaker, Maersk, Orvis, Sun Basket and Truist Financial use Einstein to improve sales, service, marketing and commerce

PR Newswire

SAN FRANCISCO, Nov. 24, 2020/PRNewswire/ — Salesforce, [NYSE: CRM], the global leader in CRM, today announced that Einstein, the first comprehensive AI for CRM, now delivers more than 80 billion AI-powered predictions every day across all Salesforce products for sales, service, marketing and commerce. The new all digital, work-from-anywhere world has accelerated our customers’ use of Einstein to sell smarter, deepen customer relationships, scale customer support and personalize experiences, from anywhere.

Salesforce Einstein now delivers more than 80 billion AI-powered predictions every day. AI is now an imperative.

IDC predicts
that global spending on AI will double in the next four years – reaching $110 billion in 2024 – as companies see an opportunity to boost innovation, improve customer service and automate routine tasks so their employees can focus on more strategic work.


AI is now an imperative, not a nice-to-have. Einstein substantiated what many have asked for years: How and when will AI really drive enterprise-level value, at scale,” said Marco Casalaina, SVP of Product Management and GM of Einstein. “The pandemic forced companies to invest in the technologies that quickly add value. Einstein does exactly this by working invisibly behind the scenes to predict customer behavior and preferences.”


Einstein: Delivering AI-Powered Predictions at Incredible Scale


Einstein
makes
applications smarter with built-in automation and AI on top of
existing CRM data. Einstein gets smarter with each new piece of data added to a customer’s CRM, which makes Einstein uniquely positioned to deliver the best outcomes for sales, service,
marketing and commerce.


  • Einstein Platform

    : More than 80 billion predictions* every day across all Salesforce products (sales, service, marketing, commerce)

  • Einstein for Service

    : 300% increase in Einstein Bot sessions since February of this year – a 680% increase compared to 2019; 700% increase in predictions for agents assistance and service automation (year over year)

  • Einstein for Commerce

    : 300% increase in daily predictions for Einstein for Commerce in Q3 2020 (year over year)

  • Einstein for Marketing

    : 67% increase in Einstein for Marketing Cloud daily predictions in Q3 to help marketers create more personalized messages over email and mobile channels

  • Einstein for Sales

    : 32% increase in converting prospects to buyers for customers using Einstein Lead Scoring by providing insights about past customer interactions

  • Einstein Search

    : More than 1.5 million natural language searches per month; 1.5 natural language searches every second; 100+ million personalized keyword searches per month


Customers are using Einstein to navigate the pandemic and emerge stronger


  • Orvis taps Einstein to develop highly personalized conversations with customers


    As the pandemic hit, outdoor apparel and lifestyle brand Orvis turned to Einstein for Marketing Cloud to drive stronger engagement as a greater percentage of its customers began shopping online. Orvis uses Einstein to develop highly personalized communications for its customers, and Einstein’s capabilities ensure that they meet their customers’ expectations. For example, Orvis’ most engaged customer segment grew by 20 percent, which goes hand-in-hand with sales growth. And since they shifted to focus on the right customer conversation with targeted email campaigns, traffic increased more than 30 percent, and click-through rates by 22 percent. Orvis also uses AI insights from its marketing efforts to build an efficient feedback loop, which enables them to respond to trends its customers are interested in 6x faster.


  • Internet Creations uses Einstein to improve forecast accuracy of cash flow during COVID-19


    As the newly appointed CEO of Internet Creations, a business technology and consulting firm, in 2020, Felisa Palagi was tested by the pandemic right away. With growing delays in customer payments, it was becoming difficult to forecast their short- and long-term cash flow. The company needed a way to keep the business running, while also being empathetic to the challenges their customers were facing. They adopted Einstein to more accurately predict cash flow, and Einstein Prediction Builder to arrive at 2.5x more accurate forecasts, while taking less than one hour to build a prediction. They also adopted Einstein Bots, which led to faster response times for their customers.


  • Icebreaker trusts Einstein to exceed shopper expectations


    Outdoor apparel retailer Icebreaker is able to scale its personalization capabilities with the help of Commerce Cloud Einstein, which leverages data science to suggest products for both existing and new shoppers across the entire shopping journey. Icebreaker found that its shoppers clicked on Commerce Cloud Product Recommendations 40 percent more often, leading to 28 percent more revenue from recommended products and an 11 percent overall increase in average order value.


  • Sun Basket turns to Einstein Bots to keep customers happy amid surging demand


    Meal delivery service Sun Basket faced a sudden 50 percent spike in case volume when the pandemic hit and needed to adapt their customer service quickly. The company turned to Einstein Bots to manage the influx of customer requests. They increased their reliance on Einstein Bots to help customers track their orders or packages, report any issues with delays or damage and get a credit or refund. The Sun Basket bots now have the same or even better Customer Effort Score (CES) than human agents (90+ percent).


What’s Ahead for Einstein: Upskilling, Innovation, Adoption


Salesforce remains focused on helping customers upskill their employees to better use AI in real business environments with Trailhead, Salesforce’s free online learning platform. These training modules provide learning content to help anyone understand the basics of AI and how it works,the responsible creation of AI,how to implement chatbots,how to use Next Best Actions and more.


Additional information

:





  • Einstein’s Guide to AI Use Cases





    :

    Learn how AI can lead to improved metrics across the board and add a positive impact on your customers, employees and bottom-line. This guide shares relevant AI use cases based on your role that will help you improve your most critical KPIs.




  • Einstein on Trailhead





    :


    Tap into this free library of educational content, designed around what people need to learn, rather than what a training department needs to teach. You can choose from various AI topics to learn new skills at your own pace.




  • Dreamforce + DreamTX





    :


    Remain up-to-date with the latest Einstein content and sessions from this year’s event in December.


*Predictions are forward-looking estimates based on historical data. They use AI and automated machine learning to provide answers that map to specific business outcomes. Predictions might include the best customer service answers for each unique customer case, when to proactively engage with a sales lead, how likely an invoice is to be paid or which products to recommend to increase sales.


About Salesforce


Salesforce is the global leader in Customer Relationship Management (CRM), bringing companies closer to their customers in the digital age. Founded in 1999, Salesforce enables companies of every size and industry to take advantage of powerful technologies—cloud, mobile, social, internet of things, artificial intelligence, voice and blockchain—to create a 360° view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.

Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM.” For more information please visit https://www.salesforce.com, or call 1-800-NO-SOFTWARE.

 

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SOURCE Salesforce

Garibaldi Updates Financing

PR Newswire

TSX: GGI
OTC: GGIFF
Frankfurt: RQM

VANCOUVER, BC, Nov. 24, 2020 /PRNewswire/ – Garibaldi Resources (TSXV: GGI) (the “Company” or “Garibaldi”) is pleased to announce that further to the Company’s November16, 2020 news release reporting the arrangement of a non-brokered private placement of up to 5 million flow-through units at 60 cents to raise up to  $3,000,000 (CDN), the Company has closed the first tranche of $2,033,200 CDN by the issuance of 3,388,666 units at 60 cents per unit.

Each flow-through unit is comprised of one flow-through share and one-half of a non-transferable share purchase warrant. Each full warrant is exercisable into one common share in the capital of the Company at a price of 75 cents for a period of two years. All units from the private placement are subject to a four month hold period from the date of issuance. Two directors of the Company have subscribed for a total of 52,000 units of this offering between them in reliance on the exemptions from the requirements of Multilateral Instrument 61-101- Protection of Minority Security Holders in Special Transactions provided by subsections 5.5(a) and 5.7(a) thereof.

On closing this tranche of the financing, a finder’s fee cash payment of $105,000 CDN was made and 175,000 warrants issued exercisable at 60 cents for 24 months from the date of issuance. All proceeds from the flow-through will be used to advance Garibaldi’s properties in the Eskay Camp and elsewhere in British Columbia.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per:
Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

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SOURCE Garibaldi Resources Corp.

Vvital Biomed Announces Stellar Advisory Board

The advisory board members bolster the Vvital team to develop a game-changing mitral valve repair solution

PR Newswire

MISGAV, Israel, Nov. 24, 2020 /PRNewswire/ — Vvital Biomed (“Vvital”), a portfolio company of The Trendlines Group Ltd. (SGX: 42T) (OTCQX: TRNLY), a leading Israel– and Singapore-based investment group focused on high-growth medical and agrifood technologies, announced that three world-renowned cardiologists have recently joined the advisory board of Vvital, strengthening the company’s capabilities to build its solution for mitral and tricuspid valve repair.

Dr. Horst Sievert is the Director of the CardioVascular Center Frankfurt, Chief of the Department of Internal Medicine, Cardiology and Vascular Medicine of the Sankt Katharinen Hospital in Frankfurt, Germany. He is also a Professor of Internal Medicine/Cardiology at the University of Frankfurt. Dr Horst Siervet remarked: “Another breakthrough idea from Israel: a completely innovative and different approach to the Transcatheter Mitral valve repair concept.”

Prof. Chaim Lotan has more than 30 years’ experience in interventional cardiology. Until recently, he served as the director of the heart center at the Hadassah-Hebrew University Medical Center and has been engaged for many years in the field of cardio-vascular innovations. He is the co-director of the highly prestigious ICI meeting and has been involved in many start-ups as chief medical officer or advisory board member. Prof. Chaim Lotan stated: “I liked the concept, the proof of concept work, the team, and thus was eager to join the advisory board.”

Dr. Azeem Latib is the Director of Interventional Cardiology and Director of Structural Heart Interventions at Montefiore Medical Center in New York. He obtained his specialization in internal medicine and cardiology at Groote Schuur Hospital, Cape Town, renowned for its cardiology department. Dr Latib brings vast experience in complex coronary interventions as well as transcatheter aortic, mitral and tricuspid interventions. Dr. Azeem Latib noted: “Vvital Biomed’s Transcatheter Mitral Valve Repair concept is an out-of-the-box approach and has the logic and merits to achieve its goals.”

Vvital is developing a unique transcatheter mitral valve repair solution to treat and prevent recurrence of mitral regurgitation (MR), a combination of two repair techniques in one procedure and with one device implant. The mitral valve leaflets repair technique, together with its “annuloplasty effect” increases the longevity of the mitral valve leaflets regurgitation repair.

Current Transcatheter Valve Repair solutions repair the valve leaflets but lack the ability to provide a long-term solution, which may lead to recurrent MR. Unlike current solutions, Vvital’s Transcatheter Mitral Valve Repair invention is appropriate for primary and secondary MR, therefore applicable to 95% of MR patients. It is performed with minimal trauma to the native valve on a beating heart.

Vvital’s procedure immediately repairs the mitral valve regurgitation. Over time, the implant is surrounded by tissue ingrowth and becomes an integral part of the native mitral valve. The implant maintains the valve’s dimensions and prevents future valve dilation and recurrent MR (annuloplasty effect).

Vvital’s CMO, co-founder and inventor Professor Aram Smolinsky commented, “For the ~50% of patients who are ineligible for the gold standard mitral valve repair surgical procedure, our Transcatheter Mitral Valve Repair solution, combining two repair techniques, provides functional anatomical results nearly identical to the functional anatomical results of the gold standard surgical procedure.”  

Vvital’s CEO & Co-founder Nir Golan commented, “We are very excited to have three leading cardiologists on board. All of them represent true global experts in interventional cardiology and will contribute their knowledge and experience to enable the company to realize its goals.”

Contact information:

Nir Golan, CEO Vvital Biomed
[email protected] 
Phone: +972.54.440.7090

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SOURCE Vvital Biomed

Merry, Bright And New: Bed Bath & Beyond® ‘Holiday Traditions At Home’ Study Reveals This Holiday Season Will Be A Season Of Firsts For Many Families

From Outdoor Dining to New Culinary Adventures, Majority of Americans (54%) are Putting a Twist on Traditions to Keep the Holiday Spirit Alive

PR Newswire

UNION, N.J., Nov. 24, 2020 /PRNewswire/ — The new Bed Bath & Beyond® (NASDAQ: BBBY) ‘Holiday Traditions at Home’ 2020 study reveals that families are going all-out on holiday cheer to ‘Enjoy the Present‘ this year—even if that means embracing the experimental over the tried-and-true. Despite the pandemic, a majority of Americans (67%) believe it is more important than ever to celebrate the holidays and are filled with feelings of hope and excitement (63%) as they anticipate the season. Most people (54%) are also embracing new traditions to make sure the season stays merry and bright in the place that’s closest to our hearts: our homes.

In fact, many Americans say they are trying new things for the first time: 21% are celebrating the December holidays at home for the first time, while others will try their hand at preparing their first-ever turkey on Thanksgiving. Others admit this will be the first year they adorn their homes – both inside and out – with decorations, and some even say they will take the festivities outside. Over half of Americans (54%) can even see themselves carrying new holiday traditions they make this year into future holiday seasons.

“The holidays are going to look different this year, but Americans are excited to be at home and determined to enjoy the present, even if that means celebrating traditions with a twist,” says Cindy Davis, Executive Vice President and Chief Brand Officer of Bed Bath & Beyond and President of Decorist. “That’s why we’re taking extra steps to deliver even more inspiration, value and ease this holiday season. From design ideas and cooking tips for first-time holiday hosts, to the technology you need to stay connected with loved ones virtually, we’ll be here to help make this holiday season special. We’re offering more ways to save, across more days than ever, and our new fast, convenient and stress-free Store Pickup, contactless Curbside Pickup and Same Day Delivery services mean customers can spend more time celebrating traditions old and new this year.” 

Home really is where the heart is, with half (50%) of all Americans saying they are excited to have a reason to stay at home this holiday season instead of going out, with millennials (61%) the most excited to celebrate at home. The “Holiday Traditions at Home” study identified four types of Americans getting creative with their celebrations to make the best of this joyful time of year. However people plan to celebrate, Bed Bath & Beyond is here to help.

1.  First-Time Traditionalists. Over half (54%) of all Americans are looking forward to making new winter holiday traditions at home this year. Twenty-seven percent of people say that making new traditions will help to make their holidays feel more special this holiday season. So how are Americans twisting tradition? Nineteen percent plan to cook their first Thanksgiving dinner and 15% will try preparing a new holiday recipe they’ve never tried before for their family, something more men (18%) are excited about trying than women (13%). Nearly a quarter (23%) are taking the festivities outside, with even more (28%) having a new holiday tradition in mind: planning an outdoor hot cocoa bonfire. To keep things merry no matter the weather, many (15%) are investing in heaters, fire pits, outdoor furniture, or other items. 

  • Celebrate Outdoors: Transforming your backyard into a winter wonderland has never been easier with the Cozy Backyard Holiday collection, curated by Bed Bath & Beyond’s design team at Decorist. Thanks to our new Same Day Delivery service, customers can also order from us in the morning and have most items delivered straight to their homes the same day.  So, whether you’re cooking Thanksgiving dinner for the first time and need that all-important kitchen essential, or an UGG® Classic Sherpa Throw Blanket (only $39.99 for Black Friday!) to make your outdoor celebration holiday ready, we’re here for you.

2.  Deck-orators. Americans are looking forward to decking the halls this year, with many planning to start earlier (22%)—and put up more decorations (29%)—than they have in the past. In fact, about one in five (17%), or 42 million Americans have already started putting up their decorations for December; that’s especially true for city dwellers (29%) who are much more likely to have gotten a jumpstart than those who live in suburban (12%) or rural (11%) areas. As many as twelve million Americans couldn’t wait until the fall this year; they hauled out their holiday decorations to create some festive cheer in the home at the start of the pandemic.

  • Holiday Inspiration: Customers looking for a little inspiration are in luck. Bed Bath & Beyond’s online interior design service Decorist has put together holiday decorating and entertaining inspiration—including state-of-the art 3D renderings and blog posts. Customers can quickly find the easy solutions, thoughtful gifts, relevant tips, and the ideas they need to keep the holidays bright on Bed Bath & Beyond’s website, marketing and social channels.

3.  Merry Makers. Nearly half (49%) say a home-cooked meal with family will help make the holidays feel special this year. Others believe listening to holiday music (44%) and baking holiday dessert favorites with family (34%) will do the trick. Women are more likely than men to think a home cooked meal with family (55% vs. 42%), listening to holiday music (50% vs. 38%), and baking holiday dessert favorites (41% vs. 27%) will help make the winter holidays feel more special. Close to three in five (57%) will purchase at least one new item this year to help make the holidays special. Among them, a majority (57%) plan on buying holiday-themed decorations. Women (40% vs. 32%) are more excited than men about buying the perfect present for someone else…while men (24% vs. 18%) are more excited about receiving it.

  • More Ways to Save, Across More Days: You don’t need to wait to enjoy incredible values this year, with more deals across more days than ever before. From Holiday Daily Deals, to our extended Black Friday and Cyber Monday offers, customers can enjoy as much as 25% off their entire in-store purchase, Curbside, and Store Pickup orders. BEYOND+® is the secret way to save, giving members free shipping on all orders, and 25% off from Wednesday, 11/25 to Saturday, 11/28. Bed Bath & Beyond is also helping customers spend more time celebrating with loved ones this year with hassle-free, fast and convenient shopping services like free Store Pickup and contactless Curbside Pickup. 

4.  Virtual Celebrators. With this year’s Thanksgiving being dubbed Zoomsgiving, Americans will be most thankful for technology, which will play a critical role in helping families stay connected. Nearly 40 million Americans plan to celebrate the holidays with their family virtually for the first time. About two in five (39%) are expecting to video chat with family during their usual festivities and over a quarter (28%) are willing to try opening gifts with loved ones virtually this year. Others are planning to watch a classic movie together over video chat (12%) or host a virtual event (12%). Three in 10 (30%) say video chatting or Facetiming with long-distance family and friends will make the holidays feel more special.

  • Smart Devices to Connect: To help stay connected to loved ones near and far, Bed Bath & Beyond offers multiple smart devices for video chats, recipe sharing and more offering incredible values for Black Friday including the Google Nest Hub, (save up to $40) and Amazon Echo Show 8 (2pk, save up to $130).

Bed Bath & Beyond is offering inspirational ideas and products with incredible value throughout the holidays on everything from seasonal décor to home essentials or thoughtful gifts. Bed Bath & Beyond’s Beyond+ loyalty program is the secret savings tool this holiday season. For only $29 annually, Beyond+ members receive 20% off their entire purchase, every time they shop, and will also enjoy free standard shipping throughout the year. Bed Bath & Beyond will also help customers spend more time celebrating with loved ones this year, with hassle-free, fast and convenient omnichannel shopping services like free Buy-Online-Pickup-In-Store and contactless Curbside Pickup, as well as the newly introduced Same Day Delivery service. The Same Day Delivery service is available at a flat rate fee of $4.99 for orders over $39, providing an easy, convenient and affordable option for customers this year that is perfect for last minute gifts and entertaining essentials.

For more details on Bed Bath & Beyond® holiday, visit https://www.bedbathandbeyond.com/.


Survey Methodology:


Sample: Based on an online survey of 1,003 people aged 18+ in the United States, conducted by Kelton Global, a Material Company, for Bed Bath & Beyond. The survey was conducted online during the period of October 30th—November 1st, 2020 and has a margin of error of +/- 3.1%. Additional methodology details available upon request. 

About Bed Bath & Beyond Inc.
Bed Bath & Beyond Inc. and subsidiaries (the “Company”) is an omnichannel retailer that makes it easy for our customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond.

 

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SOURCE Bed Bath & Beyond

Dalrada Submits Application For Uplisting To OTCQB

PR Newswire

SAN DIEGO, Nov. 24, 2020 /PRNewswire/ — Dalrada Financial Corp. (OTC Pink: DFCO) is pleased to announce that it has submitted its application for uplisting to the OTCQB.

Dalrada Submits Application For Uplisting To OTCQB

The OTCQB Venture Market, operated by OTC Markets Group Inc., is designed for developing and entrepreneurial companies in the U.S. and abroad.  Companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions.  With more compliance and quality standards, the OTCQB provides investors improved visibility to enhance trading decisions.  The OTCQB is recognized by the Securities and Exchange Commission as an established public market providing public information for analysis and value of securities.

As more information becomes available, the company will keep its shareholders up-to-date on the status of the application.

About Dalrada (DFCO)

Dalrada Financial Corp. (OTC Pink: DFCO)  solves real-world problems by producing innovation-focused and technologically-centered solutions on a global level. Delivering next-generation manufacturing, engineering, and healthcare products and services designed to propel growth, Dalrada is a team of industry experts and an organization built upon a strong foundation of financial capital. The Company and its subsidiaries are positioned for stable long-term growth through intelligent market research, sound business acumen, and established operational infrastructure. For more information, visit www.dalrada.com or call 1-858-283-1253.

About Dalrada Health
A subsidiary of Dalrada Financial Corp., Dalrada Health is focused on solving health problems around the world. The company develops products and services that address the unmet needs of consumers due to accessibility, affordability, or availability. With operations in the U.S., Malaysia, and India, Dalrada Health can reach underserved markets through strong partnerships and the development of efficient supply chains. Dalrada Health is committed to solving universal health problems through improved methodologies resulting in products and services that benefit the global marketplace.  For details, visit www.dalradahealth.com For information on GlanHealth™ visit www.glanhealth.com 

About Dalrada Precision
A subsidiary of Dalrada Financial Corp., Dalrada Precision has been focused on solution-based engineering and the customer experience from day one. By continually delivering on its promises, the Company has created trust while building mutually successful long-term relationships.

Dalrada Precision is a team of highly trained and committed individuals. The company takes pride in solving the unique challenges of its customers and constantly improves and enhances its machining and manufacturing capabilities, ultimately becoming a key strategic partner of many businesses. For more information, please visit www.dalradaprecision.com.

About Prakat Solutions
Prakat Solutions Inc. is a technology solutions company specializing in test engineering, accessibility engineering, product engineering, and application modernization. The company partners with clients to create transparent, value-based relationships by leveraging the extensive experience of its team and by providing innovative solutions in a wide range of technology domains that ultimately enable customers to successfully attain their business goals. The Prakat work culture is based on the belief that, “We believe in what we do; we do what we love.” Prakat is an ISO 9001-certified company with several Fortune 1000 customers. With its main engineering center in Bangalore, India, the Company also has offices in Dallas, Texas, Denver, Colorado, and San Diego, California. The Prakat team provides end-to-end product engineering services across various domains including banking and financial services, telecom, retail, healthcare, manufacturing, legal, and IT infrastructure. For more information, please visit www.prakat.com

Disclaimer
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management’s current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the U.S. Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K. 

 

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SOURCE Dalrada Financial Corp.

Unisys to Host 2021 Virtual Investor Event

PR Newswire

BLUE BELL, Pa., Nov. 24, 2020 /PRNewswire/ — Unisys Corporation (NYSE: UIS) today said that it will host its 2021 Unisys Investor Event on Tuesday, January 12, 2021. The virtual event will include company presentations that will begin at 9:00 am Eastern Time and run until 12:00 pm. The event will include an overview of the company’s solutions, a discussion of corporate strategy and a review of the company’s financial expectations for the coming years.

Unisys will provide access to the live webcast on the Unisys Investor website at www.unisys.com/investor. A replay of the webcast will be available on the Unisys Investor website shortly after the live event.

About Unisys
Unisys is a global IT services company that delivers successful outcomes for the most demanding businesses and governments. Unisys offerings include digital workplace services, cloud and infrastructure services and software operating environments for high-intensity enterprise computing. Unisys integrates security into all of its solutions. For more information on how Unisys delivers for its clients across the government, financial services and commercial markets, visit www.unisys.com.

Follow Unisys on Twitter and LinkedIn.

RELEASE NO.: 1124/9801

Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.

UIS-C

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SOURCE Unisys Corporation

4Front Ventures to Complete 185,000 Square Foot Manufacturing Facility in Commerce, California

PR Newswire


First Products to Hit California Shelves in Q2 2021
 

PHOENIX, AZ, Nov. 24, 2020 /PRNewswire/ – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company“) is pleased to announce that its fully funded state of the art 185,000 square foot production facility in Commerce, California is nearing completion and will be ready to serve the $3bCalifornia cannabis market in Q2 2021. The project is on target to be completed in April 2021 with the Company planning for the first of its full line of edibles, tinctures and vape products to be on California retail shelves by May.

Leveraging the market dominating best practices of its Washington facilities, 4Front has successfully introduced its products and brands into Massachusetts, Illinois and soon to be California. The automated state of the art Commerce facility incorporates unprecedented capacity for finished goods manufacturing, similar to the scale seen in the traditional consumer packaged goods industry. Commerce will have the ability to produce over ten times the current capacity of 4Front’s 40,000 square foot Washington production hub, which is currently the number one producer of derivative cannabis products in Washington State.

The successful closing of a C$17.25 million bought deal financing provides the Company with all it needs to finish the California facility and to replicate its proven high quality /low-cost production strategy that has been so successful in even the most competitive of cannabis markets such as Washington State. 

“We’re thrilled to be in California and to be completing our largest and most automated manufacturing facility yet,” stated Leo Gontmakher, Chief Executive Officer of 4Front. “Our experience in Washington, Massachusetts and Illinois, where we excel in low-cost manufacturing at scale, uniquely positions us to successfully compete in one of the largest, if not the largest, cannabis markets in the world.” 

Mr. Gontmakher continued, “This facility is almost finished and with our large-scale customized production line will produce a minimum of ten times more product per shift than the largest of our other locations. I am not aware of a production facility in the country which will rival us in either size or efficiency and we are poised to attack the California market in a manner that the rest of the industry has been unable to do. 

“In short,” said Gontmakher, “this facility is expected to produce quality product at scale and at a price point that pleases both retailer and consumer.  Being the lowest cost producer is our strategy for every state in which we operate, and I am excited to soon announce further capacity expansions in Illinois and Massachusetts as well.”

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About 4Front Ventures Corp.

4Front (CSE: FFNT) (OTCQX: FFNTF) is a national multi-state cannabis operator and retailer, with a market advantage in mass-produced, low-cost quality branded cannabis products. 4Front manufactures and distributes a portfolio of over 25 cannabis brands including Marmas, Crystal Clear, Funky Monkey, Pebbles, and the Pure Ratios wellness collection, distributed through retail outlets and their chain of strategically positioned Mission branded dispensaries.

Headquartered in Phoenix, Arizona, 4Front has operations in Illinois, Massachusetts, California, Michigan and Washington state. From plant genetics to the cannabis retail experience, 4Front’s team applies expertise across the entire cannabis value chain. For more information, visit 4Front’s website.

This news release was prepared by management of 4Front Ventures, which takes full responsibility for its contents. The Canadian Securities Exchange (“CSE”) has not reviewed and does not accept responsibility for the adequacy of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Forward Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in 4Front Ventures’ periodic filings with securities regulators. When used in this news release, words such as “will, could, plan, estimate, expect, intend, may, potential, believe, should,” and similar expressions, are forward-looking statements. 

Forward-looking statements may include, without limitation, statements related to future developments and the business and operations of 4Front, developments with respect to the Commerce facility including the expected timeline for construction and opening and the capacity and capabilities of the facility, use of proceeds from the Offering and expectations with respect to the full funding of the facility from such proceeds,

 

and other statements regarding future developments of the business.

Although 4Front Ventures has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in projects which have limited or no operating history and are engaged in activities currently considered illegal under U.S. federal laws; factors related to the COVID-19 pandemic; change in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry; and regulatory or political change, as well as the factors identified in the “Risk Factors” section of the Prospectus.

There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. 4Front disclaims any intention or obligation to update or revise such information, except as required by applicable law.

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SOURCE 4Front

Akebia Therapeutics to Participate in Piper Sandler 32nd Annual Virtual Healthcare Conference

PR Newswire

CAMBRIDGE, Mass., Nov. 24, 2020 /PRNewswire/ — Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today announced that it will participate in the Piper Sandler 32nd Annual Virtual Healthcare Conference.

John P. Butler, President and Chief Executive Officer, and David A. Spellman, Senior Vice President and Chief Financial Officer, will participate in virtual one-on-one meetings on Thursday, December 3, 2020.

A recording of Akebia’s conference presentation is available via the Piper Sandler conference site as well as on the Investors section of the Company’s website at https://ir.akebia.com, from November 24 to December 3, 2020. 

About Akebia Therapeutics
Akebia Therapeutics, Inc. is a fully integrated biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease. The Company was founded in 2007 and is headquartered in Cambridge, Massachusetts. For more information, please visit our website at www.akebia.com, which does not form a part of this release.

Akebia Therapeutics Contact

Kristen K. Sheppard, Esq.

[email protected] 

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SOURCE Akebia Therapeutics

Heska Corporation to Present at the Upcoming Piper Sandler 32nd Annual Virtual Healthcare Conference

PR Newswire

LOVELAND, Colo., Nov. 24, 2020 /PRNewswire/ — Heska Corporation (NASDAQ: HSKA – News; “Heska” or the “Company”), a leading global provider of advanced veterinary diagnostic and specialty products, announced that Kevin Wilson, Heska’s President & Chief Executive Officer, will participate in the Piper Sandler 32nd Annual Virtual Healthcare Conference on Tuesday, December 1, 2020.

Mr. Wilson’s fireside presentation with Piper Sandler will be available for registered attendees on the Piper Sandler conference site from November 23 to December 3. The webcast will be archived and a replay will be available on the Company’s website for 90 days following the conference. 

Mr. Wilson and members of Heska management will be participating in one-on-one meetings on December 1.  Meetings may be requested via Piper Sandler or Heska Investor Relations at [email protected].

About Heska
Heska Corporation (NASDAQ: HSKA) manufactures, develops and sells advanced veterinary diagnostic and specialty healthcare products through its two business segments: North America and International. Both segments include Point of Care Lab testing instruments and consumables, digital imaging products, software and services, data services, allergy testing and immunotherapy, and single-use offerings such as in-clinic diagnostic tests and heartworm preventive products. The North America segment also includes private label vaccine and pharmaceutical production under third-party agreements and channels, primarily for herd animal health.

 

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SOURCE Heska Corporation

Arcadia Biosciences (RKDA) Signs Hemp Distribution Agreement with Tritium 3H

— Company expands GoodHemp™ sales to Canada’s industrial hemp market —

PR Newswire

DAVIS, Calif., Nov. 24, 2020 /PRNewswire/ — Arcadia Biosciences, Inc.®(Nasdaq: RKDA), a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients, today announced it has signed a distribution agreement with Tritium 3H, Inc. (T3H), a Canadian hemp seed company based in Lethbridge, Alberta, that specializes in hemp field testing, certified seed production, commercialization and distribution of industrial hemp varieties for the Canadian market.

T3H will distribute Arcadia’s GoodHemp seed varieties and genetics in Canada once they have been certified by the Association of Official Seed Certifying Agencies (“AOSCA”) and Health Canada. The initial varieties distributed will include:

  • Umpqua: CBD dominant, early photoperiod variety for both the smokable and CBD extraction markets. Prized for its unique terpene profile.
  • Rogue: CBD dominant, high yielding intermediate photoperiod variety for the CBD extraction markets. Brings exceptional yields under low planting densities.
  • Santiam: CBD dominant, early photoperiod variety with exceptional utility in northern latitudes for both the smokable and CBD extraction markets. Delivers step change yield potential.

Said Arcadia CEO Matt Plavan, “This agreement solidifies our plans to accelerate the commercialization of Arcadia’s hemp genetics internationally and affirms market demand for our portfolio of superior GoodHemp varieties. We’re proud to partner with a well-respected distributor like Tritium 3H to bring our CBD dominant, short day varieties to Canada’s industrial hemp growers.”

Continued Plavan, “Our GoodHemp varieties were field-tested extensively in regional and national trials by the T3H and Arcadia teams. Working closely with T3H, we expect AOSCA certification in mid-December, Health Canada certification in February and significant commercial sales in the spring prior to the planting season.”

Added T3H CEO Jayme Hunter, “We’re pleased to add Arcadia’s high CBD, early maturing varieties to our portfolio. They’ve performed extremely well in our field trials allowing us to offer field proven, feminized, and compliant hemp genetics appropriate for all of Canada’s unique climatic regions. Arcadia’s genetics will provide market leading value to Canadian industrial hemp growers.”

For more information about GoodHemp’s unique seed varieties, visit www.growgoodhemp.com.

About Arcadia Biosciences
Arcadia Biosciences (Nasdaq: RKDA) is a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients. The company’s GoodHempTM seed catalog delivers genetically superior hemp seeds, transplants and extracts, applying the company’s proprietary crop innovation technology, ArcaTech™, to an emerging crop. The company’s GoodWheat™ branded ingredients deliver health benefits to consumers and enable consumer packaged goods companies to differentiate their brands in the marketplace. For more information, visit www.arcadiabio.com.

About Tritium 3H
Tritium 3H works collaboratively with breeders, producers and end users to bring well adapted hemp varieties with superior performance traits to market. It’s the goal of T3H to maximize value and return for partners at each step of the supply chain. For more information, visit www.growtritium.com.

Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the distribution agreement and the impact of that on Arcadia’s business and financial results. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, and reported results should not be considered as an indication of future performance. These risks and uncertainties include, but are not limited to: the company’s and its partners’ ability to develop commercial products incorporating its traits and to complete the regulatory review process, including AOSCA certification, for such products; the adequacy of hemp seed demand and pricing to support our projections; the company’s compliance with laws and regulations that impact the company’s business, and changes to such laws and regulations; the potential impact of COVID-19 on our business; and the company’s future capital requirements and ability to satisfy its capital needs. Further information regarding these and other factors that could affect the company’s financial results is included in filings the company makes with the Securities and Exchange Commission from time to time, including the section entitled “Risk Factors” and additional information set forth in its Form 10-K for the year ended December 31, 2019 and other filings. These forward-looking statements speak only as of the date hereof, and Arcadia Biosciences, Inc. undertakes no duty to update these forward-looking statements.

LinkedIn: Arcadia Biosciences
Twitter: @ArcadiaAg

 

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SOURCE Arcadia Biosciences, Inc.