Market Newsdesk

MADISON, N.J., Nov. 12, 2020 /PRNewswire/ — Realogy Holdings Corp. (NYSE: RLGY), the leading and most integrated provider of U.S. residential real estate services in the United States, today announced that CEO Ryan Schneider and CFO Charlotte Simonelli will participate in the J.P. Morgan Ultimate Services Virtual Investor Conference to be held on November 19th.

The Fireside Chat is scheduled for Thursday, November 19th, at 4:05 p.m. EST. The remarks will be webcast (audio only), with access instructions available at www.realogy.com under “Investors.” The webcast will be archived on the site for 30 days.

About Realogy Holdings Corp.

Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of U.S. residential real estate services, encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture. Realogy’s diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens^® Real Estate, CENTURY 21^®, Coldwell Banker^®, Coldwell Banker Commercial^®, Corcoran^®, ERA^®, and Sotheby’s International Realty^®. Using innovative technology, data and marketing products, best-in-class learning and support services, and high-quality lead generation programs, Realogy fuels the productivity of independent sales agents, helping them build stronger businesses and best serve today’s consumers. Realogy’s affiliated brokerages operate around the world with approximately 189,000 independent sales agents in the United States and more than 129,000 independent sales agents in 114 other countries and territories. Recognized for nine consecutive years as one of the World’s Most Ethical Companies, Realogy has also been designated a Great Place to Work three years in a row and one of Forbes’ Best Employers for Diversity. Realogy is headquartered in Madison, New Jersey.

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SOURCE Realogy Holdings Corp.

DUBLIN, Nov. 12, 2020 /PRNewswire/ — Medtronic plc (NYSE: MDT), the global leader in medical technology, today announced the launch of InPen™ integrated with real-time¹ Guardian Connect™ CGM data. InPen is the first and only FDA-cleared smart² insulin pen on the market for people on multiple daily injections (MDI). This integrated system now provides real-time glucose readings alongside insulin dose information giving users everything they need to manage their diabetes in one view. Rather than switching between apps, users have the ability to see all their information in real-time, in one view — making it easier to make smarter dosing decisions to manage their sugar levels.

The integration of real-time CGM data into the smart insulin pen app is a result of the addition of Companion Medical’s InPen to the Medtronic portfolio, as of September 2020. The acquisition enables Medtronic to serve more people — regardless of how they prefer their insulin to be delivered — and offers a unique and expansive ecosystem of support across their diabetes journey.

“We’re strongly committed to delivering solutions that make life easier for people living with diabetes. We’re pleased to build on the success of InPen with added real-time glucose data which provides a complete picture for users as they look to give themselves the right dose of insulin at the right time,” said Sean Salmon, executive vice president and president of the Diabetes Business at Medtronic. “Our successful integration of these devices in just two months following the close of our Companion Medical acquisition is a testament to the close collaboration of our employees and strong passion to serve our customers with better solutions to manage their diabetes.”

The InPen app will continue to display information from other currently compatible CGM systems on a three-hour delay.

About the Diabetes Business at Medtronic

 (www.medtronicdiabetes.com)
Medtronic is working together with the global community to change the way people manage diabetes. The company aims to transform diabetes care by expanding access, integrating care and improving outcomes, so people living with diabetes can enjoy greater freedom and better health.

About Medtronic

Medtronic plc (www.medtronic.com), headquartered in Dublin, Ireland, is among the world’s largest medical technology, services and solutions companies – alleviating pain, restoring health and extending life for millions of people around the world. Medtronic employs more than 90,000 people worldwide, serving physicians, hospitals and patients in more than 150 countries. The company is focused on collaborating with stakeholders around the world to take healthcare Further, Together.

Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic’s periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.

¹ Data may not appear or be delayed in certain instances, including when there is no internet connection.
² Smart insulin pens connect wirelessly to the user’s smartphone device and provide dosing calculations and reminders while also integrating with advanced CG systems

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SOURCE Medtronic plc

CHICAGO, Nov. 12, 2020 /PRNewswire/ — United Airlines today announced changes to its MileagePlus^® Premier^® program that will make it easier to earn status in 2021 for the 2022 program year. United is reducing Premier Qualifying Points (PQP) and Premier Qualifying Flights (PQF) thresholds next year and introducing first-of-its-kind promotions that help members earn status more quickly. Early next year, United will deposit 25% of the PQP-only requirements in Premier members’ accounts based on their 2021 Premier status level. United will also give members bonus PQP for their first three trips flown in 2021 through Mar. 31, helping their flights go further toward reaching status.

“Throughout this year, United has taken a leadership approach in enacting customer-friendly changes, and today’s announcement of making it easier to qualify for status is just another step we are taking to make United a better airline for our customers,” said Luc Bondar, vice president of loyalty and marketing and President of MileagePlus at United. “From announcing state-of-the-art cleaning and safety policies, to debuting innovative new technologies and now adjusting our loyalty program to reflect this new environment, United customers can feel confident that we are making progressive changes that reflect their needs both next year and, in the years to come.”

Reducing Thresholds

To make earning status easier, United is reducing PQP and PQF requirements at each Premier level. New requirements in 2021 will be:

Automatically Depositing PQP

To make maintaining status even easier for Premier members, United will automatically deposit PQP into their accounts by Feb. 1, 2021. Members will receive 25% of the PQP-only requirement for 2021 based on their Premier status for 2021. Each level will earn the following PQP deposits to help get them on track to re-qualify for status through 2022:

Bonus PQP

United is also offering its most rewarding Premier qualification bonus offer ever with the first ever bonus PQP promotion. On the first three PQP-earning trips next year taken between Jan. 1 through Mar. 31, members without Premier status will earn 50 percent bonus PQP and Premier members will earn 100 percent bonus PQP.

In addition to earning bonus PQP on flights, PQP earned from eligible MileagePlus credit cards – including the MileagePlus Explorer card – will now count toward Premier 1K^® status if the PQF requirement is met. Previously, PQP earned from card spend were only eligible for up to Premier Platinum status. Eligible MileagePlus credits cards also continue to lead the market with one of the fastest ways toward earning Premier status credit, starting with spend at $12,000 each year. 

More Opportunity for More Members

To give Premier members more flexibility to use their upgrades, United is extending all PlusPoints that are set to expire on or after Jan. 1, 2021 by an additional six months, which includes all PlusPoints earned from 2019 and 2020 activity. Additionally, as a promotion in 2021, United is giving Premier 1K members who meet the new requirements more opportunities to receive additional upgrades by reducing the milestone for earning extra PlusPoints. After earning Premier 1K status and 15,000 PQP, members will earn 20 PlusPoints for every additional 2,000 PQP in 2021 versus every 3,000 PQP in 2020 – United is the only global U.S. airline that allows members to earn unlimited upgrades after reaching its highest published status tier.

In 2021, all Premier members will also be able to confirm changes to their itineraries when making changes for travel on the same day when a new flight with the same fare class is open. United is the only U.S. airline to offer this benefit to all Premier members, in addition to allowing all customers to list for standby on a different flight to the same destination on the same day for free.  

For more information on these changes, and to learn more about United’s MileagePlus program, visit https://mileageplusupdates.com/.

About United

United’s shared purpose is “Connecting People. Uniting the World.” For more information, visit united.com, follow @United on Twitter and Instagram or connect on Facebook. The common stock of United’s parent, United Airlines Holdings, Inc., is traded on the Nasdaq under the symbol “UAL”.

 

 

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SOURCE United Airlines

ROUND ROCK, Texas and MEMPHIS, Tenn. and LAS VEGAS, Nov. 12, 2020 /PRNewswire/ — Dell Technologies (NYSE: DELL), FedEx (NYSE: FDX) and Switch (NYSE: SWCH) are working together to develop exascale multi-cloud edge infrastructure services. This will bring compute, storage and connectivity to the network edge and help customers overcome performance barriers for latency-sensitive applications.

This initiative will focus on bringing multi-cloud resources and exascale compute power closer to where customers run their businesses. Taking this approach allows organizations to make real-time decisions using capabilities like artificial intelligence, machine learning and 5G.

The companies plan to build technology hubs across the United States that will be capable of supporting multiple cloud environments with Switch’s edge data centers and Dell Technologies’ cloud infrastructure. The hubs will be placed in strategic, secure FedEx locations, with the first underway in Memphis, Tenn. This combination creates the foundation for a consistent experience across multiple cloud platforms.  

Switch will deliver 100% uptime at the edge by utilizing the world’s only Class 4 EDGE data center, the Switch MOD 15, interconnected with Switch’s four PRIME data center campus locations. The data centers’ infrastructure will include Dell Technologies servers, hyperconverged infrastructure, storage and networking products. As the managed solutions provider of choice, Dell Technologies will deliver the cloud solutions and services to support operations.

FedEx will provide the real estate and a portion of the construction and infrastructure costs. As the first consumer of these services, FedEx will provide enterprise end-user technical expertise as the basis for end-state product offerings. These deployments will provide low latency access to high density compute from FedEx operational locations, helping to power the digital innovations introduced by the company as FedEx transforms how data and technology are used in the global supply chain.

This relationship also brings together aligned sustainability visions for Dell Technologies, FedEx and Switch:

• By 2030, for every Dell Technologies product a customer buys, Dell will reuse or recycle an equivalent product;
• FedEx’s global citizenship initiative to decrease the company’s environmental footprint and achieve its corporate sustainability goals;
• Switch’s commitment to running its data center campus locations and edge deployments with 100% clean energy.

“The increasing pace of business is creating a growing reliance on near real-time connectivity to data that resides on the edge,” said John Roese, global chief technology officer, Dell Technologies. “In working with FedEx and Switch, we can create a more local cloud-based environment, offering customers faster access to their workloads and data for greater flexibility and speed.”

“As the size and scale of our network continue to increase, we see more data processing moving to the edge to support the automation and technology required to move more than 16 million packages each day,” said Rob Carter, executive vice president and chief information officer, FedEx Corporation and president and co-CEO, FedEx Services. “The access to multi-cloud edge compute provided by this collaboration with Dell and Switch will allow us to continue reimagining what is possible from our unique position at the intersection of physical and digital worlds.”

“Offering enterprise-class data centers from the Primes to the Prem, paired with Dell Technologies’ products and services suite and FedEx’s world-class physical infrastructure footprint, creates the technology platform that tomorrow’s businesses will need,” said Rob Roy, CEO and founder, Switch. “Teaming up with FedEx and Dell allows the three of us to create and demonstrate how enterprise customers can maintain independent control of their technology futures in the age of hybrid multi-cloud.”

About Dell Technologies


Dell Technologies
 (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the data era.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $71 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 500,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.

About Switch

Switch, Inc. (NYSE: SWCH), is the independent global leader in exascale data center ecosystems, edge data center designs, industry-leading telecommunications solutions and next-generation technology innovation. Switch Founder and CEO Rob Roy has developed more than 500 issued and pending patent claims covering data center designs that have manifested into the company’s world-renowned data centers and technology solutions.

We innovate to sustainably progress the digital foundation of the connected world with a focus on enterprise-class and emerging hybrid cloud solutions. The Switch PRIMES, located in Las Vegas and Tahoe Reno, Nevada; Grand Rapids, Michigan; and Atlanta, Georgia are the world’s most powerful exascale data center campus ecosystems with low latency to major U.S. markets. Visit switch.com for more information or follow us on LinkedIn and Twitter.

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SOURCE Switch

GOLETA, Calif., Nov. 12, 2020 /PRNewswire/ — Sanuk, a division of Deckers Brands (NYSE: DECK), today announced the second iteration of its most eco-minded innovation, the SustainaSole collection. Launched on the heels of the brand’s July 2020 debut of the SustainaSole line, the second collection is comprised of 55% total recycled material by weight. This launch serves as a significant milestone for Sanuk’s continued pioneering and innovation in creating more sustainable footwear. The new SustainaSole styles are vegan and available in the women’s slip-on Donna style, as well as the men’s slip-on Skuner style – a new addition to this collection. Both shoes retail for $65.

Total Recycled Content
Continuing on their mission to protect happy places, Sanuk again partnered with BLUMAKA for the launch of SustainaSole to divert foam waste and turn it into quality, comfortable and sustainable shoes, addressing the footwear industry’s heavy, waste-generating reliance on virgin foams to provide a soft cushiony feeling. Instead of sending foam scrap to the landfill during the manufacturing process, Sanuk and BLUMAKA were able to collect the scrap, grind it into smaller pieces and use it to create a cushy, durable filler for shoe soles. Beyond the foam content, the textile uppers are made with 100% Recycled GRS Certified Fibers, including recycled PET fibers, recycled cotton fibers and recycled polyester fibers.  

Undyed Uppers
New to this SustainaSole collection, these styles feature undyed uppers, an intentional decision to save both water and energy. The undyed upper saved more than 200,000 total gallons of water – 115 gallons per men’s Skuner model and 76 gallons per women’s Donna model. By skipping the dyeing process on the upper, Sanuk was also able to reduce greenhouse gas impact by nearly three pounds per men’s Skuner model and nearly two pounds per women’s Donna model.

Machine Washable
Similar to the brand’s best-selling silhouettes, both of these new styles are machine washable, so consumers can extend the life of their eco-minded footwear, acknowledging that sustainability does not just come from sustainable materials, but also a product that is built to last and work for years to come. With an emphasis on durability and elevated materials, Sanuk is continuously dedicated to designing long-lasting and comfortable footwear that positively contributes to the fashion industry’s environmental footprint.

“Sanuk is committed to seeking new materials and processes to create more sustainable products,” said Erik Ecklund, General Manager at Sanuk. “These shoes mark a big step forward in our journey – and in the footwear industry – toward sustainable innovation.”

“While this SustainaSole collection is our most eco-minded endeavor to date, this line also delivers a heavy dose of comfort and versatility,” said Seth Pulford, Director of Marketing at Sanuk. “We’re proud to give stylish new life to things that would otherwise be discarded. Wearing rubbish never looked or felt so good.”

Here is the full list of SustainaSole materials and “shoe-trition” facts:

• Overall: 55% Recycled Content by Weight
• Upper: 100% Recycled GRS Certified Fibers (65% Recycled Cotton/35% Recycled PET).
• Upper Lining: 100% Recycled Polyester (GRS Certified Fiber).
• Woven Label: 100% Recycled Polyester (GRS Certified Fiber).
• Sockliner Lining: 100% Recycled Polyester (GRS Certified Fiber).
• Sockliner: 85% Recycled PU Foam and 15% Virgin Material.
• Bottom Unit: Features BLUMAKA’s patented technology, consisting of 35% Recycled Foam content by weight and 75% by volume.
• Non-recycled materials include: stitching, gore, reinforcements, PU binding agent and TPU.

In addition to the launch of the new SustainaSole styles, Sanuk is dedicated to lightening their environmental footprint with their use of sustainable hemp, sustainable leather and other recycled materials, in alignment with Deckers Brands’ commitment to creating a better tomorrow. Recently ranked on Investor’s Business Daily’s Best ESG Companies list, Deckers Brands is continually integrating sustainable business practices and socially conscious operations across all brands. A thorough review of Deckers’ corporate social responsibility initiatives can be found at www.deckers.com/responsibility.

For more information about SustainaSole, visit www.sanuk.com. A comprehensive list of Sanuk’s social and environmental initiatives can be found at www.sanuk.com/corporate-responsibility.

About SANUK®:
Welcome to the world of Sanuk. We’re an unconventional footwear brand on a mission to be the outfitter for the journey to your happy place. In 1997, we were founded with one simple goal: to make people smile….and pass it on. In the world of Sanuk, smiles are always wider…every step of the way to your happy place. For more information, visit sanuk.com or follow @sanuk #SmilePassItOn.

About
 
Deckers
 
Brands: 
Deckers Brands is a global leader in designing, marketing and distributing innovative footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The Company’s portfolio of brands includes UGG®, KOOLABURRA®, HOKA ONE ONE®, Teva®, and Sanuk®. Deckers Brands products are sold in more than 50 countries and territories through select department and specialty stores, Company-owned and operated retail stores, and select online stores, including Company-owned websites. Deckers Brands has a 40-year history of building niche footwear brands into lifestyle market leaders attracting millions of loyal consumers globally. To view Corporate Responsibility Reports from Deckers Brands, visit https://www.deckers.com/responsibility. For more information, please visit www.deckers.com.

CONTACT: Sophia Hatef, [email protected]

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SOURCE Sanuk

LOS ANGELES, Nov. 12, 2020 /PRNewswire/ — Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has announced the winners of its 2020 Modern Accounting Awards.  The company’s second annual global awards program recognizes organizations that have demonstrated how they go beyond traditional Finance and Accounting (F&A) processes and embrace modern accounting to drive transformational outcomes using BlackLine’s cloud platform for financial automation.  2020 winners include Zurich North America, McKesson and Big Ass Fans.

BlackLine’s Modern Accounting Awards honor customer success across five categories:

• The Transformer – Honors the company that is the picture of change management success, bringing special focus to their organization’s digital finance transformation strategy, transforming F&A operations with a bold vision across people, process and technology.
• The award goes to one of the world’s largest healthcare conglomerates for standardizing globally on BlackLine across five Global Business Services centers with thousands of users; completing the roll-out of BlackLine’s Journals solution across 20 SAP® systems; and using BlackLine’s Intercompany Hub to standardize intercompany transactions and streamline F&A, tax and cash management around the world.
• The Unifier – Honors the company that has overcome the challenges inherent in a complex F&A technology landscape by unifying data, processes and visibility to deliver accurate results faster.
• The award goes to Zurich North America for transitioning to SAP® S/4HANA in only two years while maintaining accuracy and transparency between old and new systems, coming in on budget and on schedule.  As part of their ERP upgrade and in preparation for IFRS17, Zurich saw a 160% increase in total reconciliations.  By automating 98% of their certifications in BlackLine, they handled this big increase in workload without adding any headcount.
• The Accelerator – Honors the company that has used BlackLine to automate routine work to refocus on strategic business initiatives, revolutionizing an F&A use case with process design and automation.
• The award goes to a multinational semiconductor company that  automated Journal Entry templates for various processes including payroll and bank reconciliations and also used 150 rules in BlackLine’s Transaction Matching to automate 90% of matches in their cash clearing process – saving more than 3,000 hours on that process alone.
• The Closer – Honors the company that embraces Continuous Accounting, distributing and executing period-end close tasks across the period to reduce month-end workloads, speed up the close process and support the business in real time.
• The award goes to McKesson for enabling a risk ranking and materiality threshold framework that saved an estimated 7,500 hours per year through a reduction in account reconciliation frequency; standardizing processes by moving from 25 legacy templates to seven standard templates; and aligning tasks across the F&A organization to create real-time tracking and reporting of monthly progress and overdue tasks.
• The Modernizer – Honors the company that embraces Modern Accounting, moving from traditional, manual and chaotic processes to building a proactive, predictable and fast F&A function.
• The award goes to Big Ass Fans for modernizing F&A to embed control and consistency into every process while building a new team and reducing costs by 30%.

“We’re honored to recognize these customers who are true trailblazers, setting examples for others in their respective industries and beyond,” said BlackLine President, Chief Operating Officer and incoming CEO Marc Huffman.  “Each of the winners pushed the limits to maximize productivity gains and make a transformational difference in their Finance & Accounting organizations.”

Entries were evaluated and winners selected by a team of BlackLine digital finance transformation experts.  Award winners will be featured next week at BeyondTheBlack™ 2020:  The Modern Accounting Virtual Experience during a Customer Innovation Showcase hosted by BlackLine CEO Therese Tucker on Tuesday, Nov. 17^th.  Winners also will have the opportunity to tell their story during a one-on-one interview with comedian Trevor Noah who will be participating in BlackLine’s virtual event.

BeyondTheBlack, formerly InTheBlack, is BlackLine’s annual user conference that for 12 years has brought together a global community focused on innovation in F&A.  The new name encapsulates the new reality:  accountants are now being called on to do more than just close the books and verify that the numbers are right.  What was previously their sole focus is now just one part of the value they bring.  F&A leaders are embracing modern accounting by unifying systems, data and processes to deliver accurate results faster; automating routine work to focus on strategic business initiatives; and executing accounting continuously to support the business in real time.  Instead of just making sure organizations are ‘InTheBlack’, it’s time for accountants to go ‘BeyondTheBlack’. 

BeyondTheBlack 2020 will take place virtually Tuesday to Thursday, Nov. 17^th to 19^th, featuring nearly 100 speakers spanning 60 sessions.  For information or to register for the complimentary virtual event, go to beyondtheblack.com.

About BlackLine

Companies come to BlackLine (Nasdaq: BL) because their traditional manual accounting processes are not sustainable.  BlackLine’s cloud-based solutions and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility.  BlackLine provides solutions to manage and automate financial close, accounts receivable and intercompany accounting processes, helping large enterprises and midsize companies across all industries do accounting work better, faster and with more control.

More than 3,200 customers trust BlackLine to help them close faster with complete and accurate results.  The company is the pioneer of the cloud financial close market and recognized as the leader by customers at leading end-user review sites including Gartner Peer Insights, G2 and TrustRadius.  Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney.  For more information, please visit blackline.com.

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SOURCE BlackLine

VANCOUVER, BC, Nov. 12, 2020 /PRNewswire/ – Orea Mining Corp. (“Orea” or the “Company”) (TSX: OREA) (OTCQX: OREAF) (FRA: 3CG) is pleased to provide an update on the drilling program at the Maripa gold project (“Maripa“) located in French Guiana, France.

• T
  he core drilling program investigating the promising Filon Dron and subsidiary gold mineralized shear zones is underway;
• Drill pad and access track building for the Phase 1 program was completed;
• 600 meters of drilling in 4 drill holes have been completed to date;
• All drill holes intersected the targeted shear zones injected with quartz veins and associated sulfide mineralization over core lengths of 20-30 meters;
• Specks of visible gold were observed in 2 drill holes; and
• The drilling has confirmed a 450-meter wide NNW-trending deformation corridor defined by 3 major veined and mineralized shear zones.

Filon Dron Drill Program

To date a total 592 meters of drilling were completed in 4 drill holes and hole #15 is in progress:

• Hole MAR-20-011 (#11) tested the shear-vein system exposed by artisanal mine workings at Site #4 and was drilled to a final depth of 115.8 meters;
• Hole MAR-20-012 (#12) tested the shear-vein system exposed by artisanal mine workings at Site #1 and was drilled to a final depth of 184.8 meters;
• Hole MAR-20-013 (#13) tested the Filon Dron shear-vein system and was drilled to a final depth of 133.8 meters;
• Hole MAR-20-014 (#14) tested the Site #1 shear-vein system 300 meters southeast of the intersection obtained in drill hole #12 and was drilled to a final depth of 157.5 meters; and
• Hole MAR-20-015 (#15) is testing the Filon Dron shear-vein system 100 meters south of the intersection obtained in hole #13 and 50 meters down dip of the intersection in historical hole MAR–06–008 of 4.18 g/t Au over 36.0 meters including 7.17 g/t Au over 18.0 meters.

Refer to the following links to view the Filon Dron drill hole location map and table:

All drill holes intersected the targeted shear zones over core lengths of 19 to 27 meters. True widths are estimated at 80% of core length based on core angles with the dominant structural fabric. The drilling has confirmed a 450-meter wide NNW-trending deformation corridor defined by 3 major shear zones cutting intermediate volcanic assemblages of the Paramaca Formation. The intersections were obtained in fresh rock, with the exception of hole #14, where the surface alteration saprolite horizon was thicker than projected.

The shear zones are characterized by a penetrative structural fabric, strong sericite-carbonate alteration and injected with a network of shear and tension veins composed of an assemblage of quartz, carbonate and lesser tourmaline. The veins and wallrock are mineralized with up to 2% to 7% sulfides as pyrite and lesser chalcopyrite. Specks of visible gold were observed in drill holes #12 and #13.

The mineralized shear zones are being prioritized for sampling and gold assaying. The samples are dispatched by Orea personnel to the Filab-Amsud depot in Cayenne for trucking to the Filab-Amsud laboratory in Paramaribo, Suriname.

About Filon Dron

The promising Filon Dron prospect is one of the five partially drill-defined gold zones at Maripa. Filon Dron is located in the central part of Maripa centred over a 2,800 meter by 800 to 1,100 meter gold-in-soil anomaly straddling a faulted contact between volcanic assemblages and younger pull-apart basin sediments, marking a regional deformation corridor known as the Northern Guiana Trough (NGT) extending west into neighboring Suriname. The geological setting at Maripa is similar to the Rosebel gold mine (15.2 Moz gold) in Suriname.

The initial discovery drill program at Filon Dron, consisting of 7 shallow core holes carried-out by IAMGOLD Corporation in 2006, was limited to a 400 meter by 200 meter area of the extensive gold-in-soil anomaly. Two (2) of the 7 cored holes returned important gold mineralized intersections within the surface weathered saprolite layer of 2.45 g/t gold over 25.5 meters, including 3.17 g/t gold over 13.5 meters (MAR-06-007), and 4.18 g/t gold over 36.0 meters, including 7.17 g/t gold over 18.0 meters (MAR-06-008), defining a wide veined and gold mineralized shear zone striking north-northwest, parallel to the local stratigraphic and structural trends. Several other subparallel gold mineralized structures untested by drilling are interpreted from the surface geochemical data.

Prospecting by Orea in 2019 and 2020 led to the discovery of 3 additional shear-hosted vein systems exposed by artisanal mine workings (Sites #1, #4 and #5) in proximity to Filon Dron. Select samples of quartz veins and wallrock collected from the artisanal mine workings and ore stockpiles returned high-grade gold values at all 3 prospects, including: 5.84, 11.45 and 86.80 g/t gold at Site #1; 6.36, 6.60, 9.70, 11.08, 13.07 and 15.22 g/t gold at Site #4; and 38.87 g/t gold at Site #5 (see Orea’s news release dated September 26, 2019, November 26, 2019 and May 12, 2020).

About Maripa

Orea entered into an agreement in July 2018 with IAMGOLD Corporation to acquire up to a 70% interest in Maripa. Maripa is located in eastern French Guiana along a paved national road, approximately 60 kilometers by road south of the capital city of Cayenne. The project is comprised of up to 5 contiguous exploration permits that cover an area of 120 square kilometers, namely the Changement, Maripa, Orapu, Crique Véoux and Maripa Sud-Est permits.

Past exploration at Maripa includes 134 core holes, for a total of 9,000 meters, which partially defined 5 broad gold zones; namely Changement, Filon Dron, Maripa Sud-Est, Rhyodacite and Filon Scieur. Drilling was limited to shallow depths within the oxidized saprolite layer with all 5 prospects returning drill hole intersections of economic interest with demonstrated potential for expansion and mineral resource delineation. Gold mineralization is associated with shear-tension quartz vein systems and vein stockworks localized along major fault zones marking a regional deformation corridor known as the Northern Guiana Trough (NGT).

Initial prospecting by Orea in 2019 and 2020 in the north half of Maripa led to the discovery of 5 new quartz-gold vein systems (Sites #1 to #5) with high-grade potential in the vicinity of the Changement and Filon Dron gold zones (see Orea’s news release dated September 26, 2019, November 26, 2019 and May 12, 2020).

Qualified Person

Rock Lefrançois, President & Chief Executive Officer of Orea and Qualified Person under National Instrument 43-101, has reviewed this news release and is responsible for the technical information reported herein, including verification of the data disclosed.

About Orea Mining

Orea Mining is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America. Its mission is to develop gold deposits with a reduced environmental footprint using innovative technologies, upholding the highest international standards for responsible mining. In French Guiana, Orea Mining holds a major interest in the world-class Montagne d’Or mine development project. It is also advancing the Maripa gold exploration project.

For more about Orea Mining visit the company’s website at www.oreamining.com 

ON BEHALF OF THE BOARD:

Rock Lefrancois
President & CEO

Forward-looking statements

Certain statements and information contained in this press release constitute “forward-looking statements” within the meaning of applicable U.S. securities laws and “forward-looking information” within the meaning of applicable Canadian securities laws, which are referred to collectively as “forward-looking statements”. The United States Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as “seek”, “expect”, “anticipate”, “budget”, “plan”, “estimate”, “continue”, “forecast”, “intend”, “believe”, “predict”, “potential”, “target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Forward-looking statements in this and other press releases include but are not limited to statements and information regarding: the Company’s plans, or modifications thereunder, to develop Montagne d’Or; the construction and development plans for the Montagne d’Or gold mine, including anticipated timing thereof; the satisfaction of additional requirements to the construction of the Montagne d’Or gold mine, including but not limited to, the submission and processing of mine permit applications; the Company’s ability to renew the concessions for the Montagne d’Or project and to comply with the conditions thereof, the timing and rendering of a decision regarding the development of the gold mining industry in French Guiana; the earning into of the Maripa gold exploration project and related exploration objectives and plans; the objective of the Company to become an emerging gold producer; the acquisition of an advanced-stage gold project in South America including its terms, subsequent plans, intentions to acquire additional interests and resulting effects; objectives for any projects Orea may acquire, including completion of related feasibility studies. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled “Risk Factors” in the Annual Information Form of Orea Mining Corp, (formerly Columbus Gold Corp.), available on SEDAR under Orea’s (formerly Columbus Gold Corp.) profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in such statements. Orea undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

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SOURCE Orea Mining Corp.

SAN JOSE, Calif., Nov. 12, 2020 /PRNewswire/ — Super Micro Computer, Inc. (Nasdaq: SMCI), a global leader in enterprise computing, storage, networking solutions, and green computing technology, today announced that it has deployed an additional cluster at Lawrence Livermore National Laboratory (LLNL) to augment existing computing capabilities available for national security and to help discover therapeutics for SARS-CoV-2, the virus that causes COVID-19.

Called the “Ruby” cluster, Supermicro’s TwinPro 2U 4 node servers leverage advanced Second Intel^® Xeon^® Platinum processors with built-in AI acceleration and have 192 gigabytes (GB) of onboard memory. The cluster includes a total of almost 85,000 cores that reach an estimated six petaflops of peak performance. With over 1,500 nodes in 26 racks and 16 2U TwinPro servers in each rack (64 nodes), the racks are liquid-cooled using a direct-to-chip approach. These very dense racks, coupled with liquid cooling, enable a significantly smaller data center footprint and lower energy costs. Liquid cooling can provide up to 40-50% TCO savings by reducing air conditioning and cooling fan usage. Supermicro staged, tested, and orchestrated the rack-level integration and delivered complete plug-n-play systems to LLNL.

“Supermicro’s advanced TwinPro and Ultra 2U dual CPU servers were selected for their extreme density, support for large compute workloads, and the flexible server Building Block Solutions^® approach so that LLNL could build exactly the best cluster configuration for their requirements,” said Charles Liang, president, and CEO of Supermicro. “We recognize the importance of LLNL’s work to support research on the devastating global pandemic and help to discover a vaccine for the COVID-19.”

Funded by the National Nuclear Security Administration’s (NNSA) Advanced Simulation and Computing Program, the Laboratory’s Multi-programmatic and Institutional Computing (M&IC) program, and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the supercomputing cluster will be used for unclassified programmatic work in support of NNSA’s stockpile stewardship mission, LLNL open science, and the search for therapeutic drugs and designer antibodies against SARS-CoV-2, the virus that causes COVID-19.

“Ruby provides a substantial computing resource in our open collaboration zone, which has experienced a heavy increase in demand due to an uptick in telecommuting and a growth in external collaborations,” said Chris Clouse, acting program director for LLNL’s ASC program. “A resource like Ruby provides a venue for leveraging expertise and tools in the open community for areas that are important to our programmatic missions.”

“The Ruby supercomputer will help drive tremendous advancements in scientific research and discovery across a range of disciplines, including COVID-19 research,” said Trish Damkroger, Intel vice president and general manager of high-performance computing at Intel.

About Super Micro Computer, Inc.

Supermicro (Nasdaq: SMCI), the leading innovator in high-performance, high-efficiency server and storage technology is a premier provider of advanced server Building Block Solutions® for Enterprise Data Center, Cloud Computing, Artificial Intelligence, and Edge Computing Systems worldwide. Supermicro is committed to protecting the environment through its “We Keep IT Green®” initiative and provides customers with the most energy-efficient, environmentally-friendly solutions available on the market.

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names and trademarks are the property of their respective owners. Supermicro, Building Block Solutions and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names and trademarks are the property of their respective owners.

SMCI-F 

 

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SOURCE Super Micro Computer, Inc.

BARCELONA, Spain, Nov. 12, 2020 /PRNewswire/ — Grifols (MCE: GRF, MCE: GRF.P, NASDAQ: GRFS), a global leader in the development of plasma-derived therapies and provider of technologies and services for hospitals, clinics and compounding centers, today announced a partnership with TRC Healthcare, the creator of Pharmacist’s Letter and Pharmacy Technician’s Letter, to support pharmacy leaders with ongoing sterile and nonsterile education.

The companies will integrate Grifols PharmacyKeeper, the No. 1 ranked Category Leader in Intravenous (IV) Workflow Management according to KLAS¹ , with market-leading clinical education tools and content from TRC Healthcare.

Between the dozens of new medications approved and thousands of clinical study results published each year, it can be challenging to keep pharmacists current on new drugs, high-risk medications and regulatory requirements. PharmacyKeeper and TRC Healthcare look to enhance the quality of patient care and patient safety by delivering clinical education resources and objective recommendations on the latest clinical findings through PharmacyKeeper’s training software system, thus managing pharmacy competencies, certifications and training all in one place.

“We are proud to partner with TRC Healthcare, the No. 1 trusted source for continuing education across the continuum of care,” said Jason Kilgour, President of Commercial Operations North America, Grifols. “Our collaboration will help support pharmacists and technicians by integrating our industry-leading IV Workflow Management software to provide the optimal end-user experience and improve patient safety.”

The partnership to offer high quality and impactful education in support of IV room staff complements and reinforces Grifols’ leadership in designing and building IV rooms, as well as supporting the highest quality IV preparations with KLAS Category Leading IV Workflow Management, including KIRO® automation.

“Having role-specific recommendations from TRC’s Pharmacist’s Letter and Pharmacy Technician’s Letter embedded directly into PharmacyKeeper reduces workflow interruptions, allowing pharmacists and technicians to seamlessly access relevant IV-specific drug information, guidance and continuing education, including important emerging updates for USP <795>, <797>, and <800>,” said Wes Crews, Chief Executive Officer of TRC Healthcare.

About PharmacyKeeper

As one of several customizable, subscription, web- and mobile-based applications within the PharmacyKeeper solution, PharmacyKeeper Verification is a photo-based, medication workflow system that increases staff efficiency, patient safety and ensures compliance with compounding regulations. PharmacyKeeper is a strategic part of inclusiv®, the Grifols comprehensive IV compounding portfolio of integrated technology, software, and service solutions dedicated to advancing quality and safety in pharmacy operations.

For more information on the growing Grifols inclusiv compounding portfolio, visit www.grifolsinclusiv.com.

About Grifols

Grifols is a global healthcare company founded in Barcelona in 1909 committed to improving the health and well-being of people around the world. Its four divisions – Bioscience, Diagnostic, Hospital and Bio Supplies – develop, produce and market innovative solutions and services that are sold in more than 100 countries.

Pioneers in the plasma industry, Grifols operates a growing network of donation centers worldwide. It transforms collected plasma into essential medicines to treat rare, chronic and, at times, life-threatening conditions. As a recognized leader in transfusion medicine, Grifols also offers a comprehensive portfolio of solutions designed to enhance safety from donation to transfusion. In addition, the company supplies tools, information and services that enable hospitals, pharmacies and healthcare professionals to efficiently deliver expert medical care.

Grifols, with more than 24,000 employees in 30 countries, is committed to a sustainable business model that sets the standard for continuous innovation, quality, safety and ethical leadership.

In 2019, Grifols’ economic impact in its core countries of operation was 8.5 billion euros. The company also generated 148,000 jobs, including indirect and induced.

The company’s class A shares are listed on the Spanish Stock Exchange, where they are part of the Ibex-35 (MCE:GRF). Grifols non-voting class B shares are listed on the Mercado Continuo (MCE:GRF.P) and on the U.S. NASDAQ through ADRs (NASDAQ:GRFS).

For more information, please visit www.grifols.com

About TRC Healthcare

TRC, the creator of Pharmacist’s Letter and Pharmacy Technician’s Letter, is the leading provider of digital medication learning that updates, informs, and educates healthcare providers across the continuum of care. In addition to its highly regarded Pharmacist’s Letter, Prescriber’s Letter,Pharmacy Technician’s Letter and Natural Medicinesonline resources, TRC provides additional online solutions for hospital and community clinicians that expand on its trusted recommendations, such as drug comparison charts, patient education handouts, FAQs and tutorials on its web-based products. In addition, TRC provides online continuing education programs for medication learning, competency, and compliance programs, and keeps clinicians and administrators informed via its continuing education (CE) dashboard and CE Organizer. TRC provides the largest catalog of education and advisory services in the industry for pharmacy, delivering nearly 400 course options to help technicians and clinicians. TRC leads the way in the training of new pharmacy technicians with Pharmacy Technicians University (PTU), the first online accredited, interactive training program of its kind. Nearly 500,000 healthcare professionals rely on TRC’s advisory and education service to access concise, unbiased and timely information to improve medication use, prevent medication errors and improve overall patient care, quality and outcomes.

For more information on TRC Healthcare, please visit www.trchealthcare.com.

¹ For more information on the 2017-2020 Best in KLAS: Software and Services reports, January, © KLAS 2020, visit www.klasresearch.com 

 

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SOURCE Grifols, SA

SAN JOSE, Calif., Nov. 12, 2020 /PRNewswire/ — Rambus Inc. (NASDAQ: RMBS), a premier silicon IP and chip provider making data faster and safer, today announced it has initiated an accelerated share repurchase program with Deutsche Bank AG, London Branch as counterparty, through its agent Deutsche Bank Securities Inc. (Deutsche Bank) to repurchase an aggregate of approximately $50 million of its common stock, with an initial delivery of approximately 2.6 million shares.

“This program is part of a balanced approach to delivering long-term value to our stockholders,” said Luc Seraphin, president and chief executive officer at Rambus. “Our strong balance sheet combined with the increasing demand for our solutions in data-intensive applications reinforces our confidence in the future growth of the company.”

Under the accelerated share repurchase program, Rambus will pre-pay to Deutsche Bank the $50 million purchase price for its common stock and, in turn, Rambus will receive an initial delivery of approximately 2.6 million shares of its common stock from Deutsche Bank within the first week of the program. The number of shares to be purchased ultimately by Rambus will be determined based on the volume weighted average price of the common stock during the terms of the transaction, minus an agreed upon discount between the parties. The program is expected to be completed within six months. The shares of common stock will be delivered by Deutsche Bank to Rambus on the third business day following the calculation period described above.

The accelerated share repurchase program is part of the broader 20 million share repurchase program previously authorized by the Rambus Board of Directors.

About Rambus Inc.

Rambus is a premier silicon IP and chip provider that makes data faster and safer. With 30 years of innovation, we continue to develop the foundational technology for all modern computing systems. Leveraging our semiconductor expertise, Rambus solutions speed performance, expand capacity and improve security for today’s most demanding applications. From data center and edge to artificial intelligence and automotive, our interface and security IP, and memory interface chips enable SoC and system designers to deliver their vision of the future. For more information, visit rambus.com.

Forward-Looking Statements

This release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 relating, among other things, to the purchase price of shares acquired pursuant to the accelerated share repurchase program, the timing and the duration of prospective share purchases, the amount of cash that may be expended in connection with such share repurchases and the potential growth from our strategic programs. Such forward-looking statements are based on current expectations, estimates and projections, management’s beliefs and certain assumptions made by the Company’s management. Actual results may differ materially. Rambus undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

Contact:

Nicole Noutsios

Rambus Investor Relations
(510) 315-1003
[email protected]

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SOURCE Rambus Inc.