Loop Media, Inc. Partners With Ultimate Gamer For Times Square Virtual New Year’s Eve Celebration

Consumers Now Can Escape Their Quarantine Realities & Make New Year’s Eve Plans, As Loop Media & Ultimate Gamer Kick Off Their Partnership With An Innovative New “Virtual New Year’s Eve” Immersive Experience 

Glendale, CA, Dec. 23, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Loop Media, Inc. (“Loop Media”), the first media company that gives consumers and businesses fully-integrated 360-degree and other premium short-form content experiences (OTC: LPTV), will kick off its partnership with Ultimate Gamer, the world’s first and only multi-genre esports proving ground, on Virtual New Year’s Eve (VNYE), a brand new, immersive experience that will bring the world of Times Square to everyone, everywhere.

Times Square will be empty this New Year’s Eve for the first time since the ceremony’s inception in 1907 due to rising COVID-19 infection rate concerns. Jamestown—the real-estate investment and management company that owns One Times Square—has planned a New Year’s Eve celebration blending virtual and augmented experiences with live camera feeds, which is totally free. Users can download the “VNYE” app or sign in to VNYE.com.

As an exclusive gaming partner, Ultimate Gamer will provide unique virtual experiences, interactive content, and streams geared toward gamers and esports fans through the app and website. 

From December 19th, 2020 – January 3rd, 2021, Ultimate Gamer will host a variety of streams on VNYE, featuring popular esports teams like Misfits Gaming and Team Furia; gaming personalities including HipHopGamer and Jobless Gamer; and entertainment from NBA2K content creators HankDaTank, BreeZe, ColeTheMan, and Hollywood, among others. Throughout the two weeks, Ultimate Gamer will host Fortnite, Valorant, Apex Legends, and League of Legends competitions with fun prizes and giveaways leading up to New Year’s Eve.

Also included within the Ultimate Gamer experience will be curated music videos, courtesy of Loop Media. Loop Media’s video library includes not only one of the largest and most current collection of music videos, but also film and game trailers, as well as sports highlights that provide a variety of engaging product offerings to users. The Loop™ app is available to consumers on iPhone and Android, as well as all popular connected TVs including Amazon Fire TV and Android TV-supported sets such as Sony, Sharp, Philips, and more.

About Loop Media

Loop Media, Inc is the first media company that gives consumers and businesses fully-integrated 360-degree and other premium short-form content experiences. Loop improves the entire viewing experience for premium short-form content by focusing on venues and consumers in the evolving frontier of digital out-of-home, streamlining the public-to-private viewing experience. Loop’s growing library of over 500,000 short-form videos, including: music videos, film, game and TV trailers, viral videos, sports clips and atmospherics and travel videos can be viewed in many popular hospitality, dining, and retail venues; on leading branded media and entertainment sites; and on over-the-top TV platforms and CTV devices. To learn more about Loop products and applications, please visit us online at Loop.tv

About Ultimate Gamer

Ultimate Gamer is where the world comes to play. With over 2 million registered users, the company is on a mission to build the world’s largest community of gamers. In 2021, Ultimate Gamer will launch a premier worldwide competition to identify and crown the ‘Best Gamer on Earth™’ and award a $1 million prize. As the first and only multi-genre esports and gaming proving ground, Ultimate Gamer is focused on bringing gamers of all skill levels together. For more information on how to get involved, please visit ultimategamer.com.

Loop Media, Inc. Press:

Jon Lindsay Phillips
RLM PR
[email protected]
+1-646-828-8566 

Ultimate Gamer Press:

Kalie Moore
High Vibe PR
[email protected] 



Imperial Mining Announces Closing of Oversubscribed Private Placement of Shares

MONTREAL, Dec. 23, 2020 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperialˮ or the “Corporation”) (TSX VENTURE: IPG) is pleased to announce that it closed a non-brokered private placement today (the “Offering”) of 19,623,672 shares on a “flow-though” basis at a price of $0.11 per share and 5,262,500 units (each, a “Unit”) at a price of $0.08 per Unit. Each Unit is comprised of one (1) common share (each a “Share”) and half (1/2) of a Share purchase warrant, with each warrant entitling the holder to acquire one (1) additional Share of the Corporation at a price of $0.12 over a period of 24 months from the closing date.

The Corporation was able to raise a total of $2,579,604.16 in the Offering, $2,158,604.16 in shares and $421,000.00 in Units.

The Corporation will use the proceeds of the Offering to complete definition drilling of the Corporation’s Crater Lake TG Zone scandium-rare earth target and to deliver both a 43-101 Resource Report and a Preliminary Economic Assessment (PEA) by the end of H1 2021 and for other corporate purposes.

“I am very pleased of the positive response that the market has shown for our private placement,” said Imperial President & CEO, Peter Cashin. “The financing was oversubscribed, and we believe that it was motivated by the recent significant announcements in the critical metal space, in particular for scandium and the rare earths. The recognition by manufacturers in the automotive, aerospace, and defense sectors that scandium-modified aluminum alloy materials will become critical inputs into their platforms is an important development. This is particularly so, given the strength of Quebec’s aluminum industry, that scandium-aluminum alloys will become an important value-added product for the province’s aluminum industry.”

In connection with the Offering, the Corporation paid to finders, which are all at arms’ length with the Corporation, finders’ fees for a total of $95,898.28 in cash and issued 890,073 warrants, with each warrant entitling the holder to acquire one (1) Share of the Corporation at a price of $0.12 over a period of 24-months from the closing date.

All securities issued pursuant to the Offering are subject to the applicable statutory hold period of four months and one day from the closing. The Offering is subject to the final approval of the TSX Venture Exchange.

ABOUT IMPERIAL MINING GROUP LTD.

Imperial is a new Canadian mineral exploration and development company focussed on the advancement of its copper-zinc, gold and technology metals properties in Québec. Imperial is publicly listed on the TSX Venture Exchange as “IPG” and is led by an experienced team of mineral exploration and development professionals with a strong track record of mineral deposit discovery in numerous metal commodities.


For further information please contact:

Peter J. Cashin
President and Chief Executive Officer
Phone: +1 (514) 360-0571
Email:[email protected]
CHF Capital Markets
Iryna Zheliasko, Manager-Corporate Communications
Phone: +1 (416) 868-1079 x229
Email:iryna@chfir.com

Website:
www.imperialmgp.com          Twitter: @imperial_mining         Facebook:Imperial Mining Group

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



Leading Psychedelic Media Site Launches New Digital Platform

PsychedelicSpotlight.com upgrades website for user experience and increased content

Las Vegas, Nevada, Dec. 23, 2020 (GLOBE NEWSWIRE) — Global Trac Solutions, Inc. (OTCPink: PSYC) (“Global” “PSYC” or the “Company”) is pleased to announce that the Company has launched a new web platform for its Psychedelic Spotlight web magazine. 

The new site is part of the continued growth Psychedelic Spotlight is experiencing. In Q4 of 2020 a record number of new users visited the site, breaking page view records.

“When PSYC initially launched Psychedelic Spotlight last spring I’m not sure if anyone could fathom how quickly it would grow into one of the most prominent sources for news, information, and resources within the sector of medicinal psychedelics,” said David Flores, Global Trac Solutions, Inc. CEO. “The new site will present a sleeker and more appealing visual experience for our audience. However, some of the most important and beneficial updates and changes we have infused the site with are on the backend. This new site has been developed with SEO and Google ranking analytics in mind in order to more effectively position it to capture as much of the growing audience within this sector as possible.” 

“I’m thrilled to bring this new platform to our readers,” said Jill Ettinger, Psychedelic Spotlight’s Director of Content. “They keep telling us how much they love the content at Psychedelic Spotlight, and now we have a platform that’s only going to add to that positive experience as well as sustain its continued growth and expansion in the months ahead.” 

The Company, through its digital media marketing partner, SunCity Advising, expects to rollout additional pages and features for the Psychedelic Spotlight website over the next several weeks in its ongoing mission of delivering the most resourceful and content-rich web platform in the sector of medicinal psychedelics.

About Global Trac Solutions, Inc. (OTCPink: PSYC)

At Global Trac Solutions we are integrating media, creativity, and technology to develop and deploy thought-provoking ideas and solutions that are fostering and transforming the approach to some of society’s most pressing matters.

PSYC has expressed its intent and commitment to positioning itself at the forefront of the psychedelic revolution and as a resource center for discovering and understanding the latest research and business opportunities surrounding psychedelic inspired medicines. In conjunction with the FDA’s more open-minded approach to psychedelic medicines, and as several major U.S. cities continue to approve the decriminalization of psilocybin, investors are speculating that the psychedelic boom could be bigger than that of cannabis. PSYC is your source for current investment related news specific to psychedelic medicines and cutting-edge research improving overall health, moving this sector into the mainstream.

We believe in a forward-thinking approach that embraces groundbreaking new technology and innovations and through the vision of business development we intend to continue to evolve into these unchartered territories as the industry leaders of the future. We truly are the right TRAC to follow.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors, including the effect of COVID-19, that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are disclosed on the OTC Markets.com website.

Disclaimer: Global Trac Solutions, Inc. does not in any way encourage or condone the use, purchase, sale or transfer of any illegal substances, nor do we encourage or condone partaking in any unlawful activities. We support a harm reduction approach for the purpose of education and promoting individual and public safety. If you are choosing to use psychedelic substances, please do so responsibly.

Corporate Contact:

Global Trac Solutions, Inc. (PSYC)
www.globaltracsolutions.com
(702) 239-1919
[email protected]
OTCPINK: PSYC



Genasys Inc. Receives $5.1 Million Follow-On Order from U.S. Army

SAN DIEGO, Dec. 23, 2020 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced a $5.1 million follow-on LRAD® 450XL order from the U.S. Army (Army). This is the third follow-on order in calendar 2020 and the fifth LRAD 450XL order received under the Army’s Acoustic Hailing Device (AHD) program of record.

Funding for this order was supplied under the fiscal year 2020 Defense Appropriations Bill. Additional LRAD 450XL follow-on orders are expected from the Army in fiscal year 2021.

“The unparalleled long-range critical communications and scalable escalation of force (EOF) capabilities of the LRAD 450XL have made it the Army’s AHD of choice,” said Richard S. Danforth, Chief Executive Officer of Genasys Inc. “Active Duty, Reserve and National Guard Military Police, PSYOPS and transportation security units use LRADs for a wide range of domestic and overseas missions.”

Low profile, lightweight and designed to be mounted on tripods, vehicles, small vessels, and Common Remotely Operated Weapon Stations (CROWS), the LRAD 450XL includes Genasys’ proprietary XL driver technology to generate the audio output of a unit almost twice its size and weight with the same high level of clarity and intelligibility consistent with the LRAD product line.

As part of a communication and layered EOF strategy, LRAD systems expand decision time and distance to empower military personnel to differentiate between security threats and non-combatants, and scale EOF accordingly to save lives on both sides of the Long Range Acoustic Device®.

About Genasys Inc.

Genasys is a global provider of critical communications solutions to help keep people safe. 

Genasys systems are in service in 72 countries around the world in a range of diverse applications, including defense, public safety, national emergency warning systems, mass notification, law enforcement, critical infrastructure protection and many more. For more information, visit genasys.com.

Forward-Looking Statements

Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in the forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation the business impact of health crises or outbreaks of disease, such as epidemics or pandemics, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2020. Genasys Inc. disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.



Investor Relations Contacts
Jim Fanucchi and Satya Chillara
Darrow Associates, Inc.
[email protected]

Dinocrates Group Hires Mike Longarzo as Chief Growth Officer

Proven Executive To Lead Expansion of Dinocrates’ Services and Capabilities

ROCKVILLE, Md., Dec. 23, 2020 (GLOBE NEWSWIRE) — Dinocrates Group today announced the hiring of Mike Longarzo as the company’s first chief growth officer. In this position, Longarzo will lead the continued expansion of Dinocrates Group and its subsidiaries, leveraging his more than 30 years as a leading technology executive and leader.

Longarzo recently led Situational Awareness Analytics 360, an advanced technology consulting firm focused on leading and supporting legacy information technology (IT) modernization.

Other notable positions held by Longarzo include:

  • Director for business development and capture, global sales and marketing, for Boeing Global Services
  • Director of Federal at Solutions3
  • Executive Director for DoD/DISA strategy at ManTech International
  • Director of IT programs and technology, TranTech Inc.
  • Director of IT service management programs, RDR Inc.
  • CIO, U.S. Army War College
  • Programs Director, U.S. Central Command

“Mike brings hands-on experience developing and executing enterprise-scale business development, capture and operational strategies that ensure exponential revenue generation and corporate growth,” said Tom Prokop, CEO of Dinocrates. “He’s an experienced, results-driven executive with proven leadership in high tempo, challenging and diverse assignments. He has a proven ability to lead large-scale enterprise change initiatives and drive corporate business growth while executing a results-driven business acquisition and capture process.”

Longarzo holds a bachelor’s degree in marketing from the University of Kentucky and a master’s degree in management information systems from Webster University.

About Dinocrates Group

Dinocrates Group is an innovative capabilities-based company headquartered in Rockville, MD providing mission-critical enterprise solutions to the federal government on a global scale.

Contact:

Jim Lubinskas
Spire Communications for Dinocrates Group LLC
(703) 907-9103
[email protected]



IIROC Trading Halt – KNR

Canada NewsWire

VANCOUVER, BC, Dec. 23, 2020 /CNW/ – The following issues have been halted by IIROC:

Company: Kontrol Energy Corp.

CSE Symbol: KNR

All Issues: Yes

Reason: At the request of the Company Pending News

Halt Time (ET): 8:06 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Oramed Reports Positive First in Human Data from Oral Leptin Study

Leptin capsule may have a role in helping control and reduce obesity rates which are highly correlated with diabetes

PR Newswire

NEW YORK, Dec. 23, 2020 /PRNewswire/ — Oramed Pharmaceuticals Inc. (Nasdaq: ORMP) (TASE: ORMP) (www.oramed.com), a clinical-stage pharmaceutical company focused on the development of oral drug delivery systems, announced today results from a proof-of-concept study approved by Israel’s Ministry of Health for its oral leptin drug candidate. The single dose study evaluated oral leptin’s safety and pharmacodynamics (glucagon and glucose reduction) in type 1 diabetic (T1DM) patients.

Oramed Pharmaceuticals Logo

Ten patients were enrolled, with 7 randomized to receive one capsule of leptin and 3 randomized to receive a placebo. Patients who received leptin on average had a decrease in glucose as compared to the placebo group during the first 30-180 minutes following dosing. At different time periods, the leptin treated patients on average had glucagon values that were either lower than, or similar to, those in the placebo group.

“These results are quite exciting and encouraging. With this data, we plan to move into a larger double-blind, placebo-controlled study with an estimated 30 patients. An oral leptin capsule, as a weight loss treatment, may have a key role in addressing increasing diabetes rates and is a synergistic fit with our current pipeline,” said Oramed CEO Nadav Kidron.

Leptin, also known as the “obesity hormone”, is a protein that regulates hunger. According to Grand View Research, the overall obesity market is expected to reach $15.6 billion in 2024.

About Leptin

Leptin, sometimes called the obesity, fat or satiety hormone, is a protein that is produced in fat cells located in adipose tissues and sends signals to the hypothalamus in the brain. Leptin helps to regulate and alter long-term food intake and energy expenditure. Leptin helps to inhibit hunger and regulate energy balance. Although leptin reduces appetite, obese individuals generally exhibit a higher concentration of leptin in their blood than average weight individuals. These people show resistance to leptin, similar to resistance of insulin in type 2 diabetes.  Leptin has additionally been shown to suppress glucagon secretion and improve glucose levels in type 1 diabetes.

About Oramed Pharmaceuticals

Oramed Pharmaceuticals is a platform technology pioneer in the field of oral delivery solutions for drugs currently delivered via injection. Established in 2006, with offices in New York and Israel, Oramed has developed a novel Protein Oral Delivery (POD™) technology. Oramed is seeking to transform the treatment of diabetes through its proprietary lead candidate, ORMD-0801, which has the potential to be the first commercial oral insulin capsule for the treatment of diabetes. The Company has completed multiple Phase II clinical trials under an Investigational New Drug application with the U.S. Food and Drug Administration. In addition, Oramed is developing an oral GLP-1 (Glucagon-like peptide-1) analog capsule, ORMD-0901.

For more information, please visit www.oramed.com.

Forward-looking statements:  This press release contains forward-looking statements. For example, we are using forward-looking statements when we discuss the potential safety and pharmacodynamics of oral leptin, the potential role of oral leptin in addressing diabetes, the timing of clinical trials, the validation of preliminary findings in future trials, the potential of ORMD-0801 to be the first commercial oral insulin capsule for the treatment of diabetes or revolutionizing the treatment of diabetes with our products. In addition, historic results of scientific research and clinical trials do not guarantee that the conclusions of future research or trials will suggest identical or even similar conclusions. These forward-looking statements are based on the current expectations of the management of Oramed only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including the risks and uncertainties related to the progress, timing, cost, and results of clinical trials and product development programs; difficulties or delays in obtaining regulatory approval or patent protection for our product candidates; competition from other pharmaceutical or biotechnology companies; and our ability to obtain additional funding required to conduct our research, development and commercialization activities. In addition, the following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; delays or obstacles in launching our clinical trials; changes in legislation; inability to timely develop and introduce new technologies, products and applications; lack of validation of our technology as we progress further and lack of acceptance of our methods by the scientific community; inability to retain or attract key employees whose knowledge is essential to the development of our products; unforeseen scientific difficulties that may develop with our process; greater cost of final product than anticipated; loss of market share and pressure on pricing resulting from competition; laboratory results that do not translate to equally good results in real settings; our patents may not be sufficient; and finally that products may harm recipients, all of which could cause the actual results or performance of Oramed to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Oramed undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risks and uncertainties affecting Oramed, reference is made to Oramed’s reports filed from time to time with the Securities and Exchange Commission.

Company Contact

Estee Yaari

+1-844-9-ORAMED
[email protected]

Cision View original content:http://www.prnewswire.com/news-releases/oramed-reports-positive-first-in-human-data-from-oral-leptin-study-301198022.html

SOURCE Oramed Pharmaceuticals Inc.

Organic Garage Reports Third Quarter Results

Organic Garage Reports Third Quarter Results

TORONTO–(BUSINESS WIRE)–
Organic Garage Ltd. (“Organic Garage” or the “Company”) (TSXV: OG), one of Canada’s leading independent organic grocers, has released the Company’s financial results for the third quarter ended October 31, 2020. The Company has a Fiscal Year End of January 31.

Q3 Financial Results (comparison to the quarter ended October 31, 2019):

  • Sales increased 22% to $6.9 million from $5.7 million, in line with the first and second quarters, which had 19% and 29% increases respectively
  • Gross profit percentage increased to 30.4% from 25.7%
  • Gross profit dollars increased to $2.1 million from $1.5 million
  • Net loss of $0.00 per share compared to a net loss of $0.02 per share
  • EBITDA increased to earnings of $0.69 million from $0.05 million

“We are pleased to present our results for the third quarter which indicate the continued support in line with our first and second quarters from our devoted existing customer base and our growing number of new customers,” Organic Garage CEO Matt Lurie commented.

The interim condensed unaudited consolidated financial statements for the Company including the operating company and all subsidiaries and related management’s discussion and analysis for the period are available under the Company’s profile on SEDAR at www.sedar.com. All amounts are expressed in Canadian dollars.

The Company also announces the resignation of Evan Clifford as independent director.

Matt Lurie stated, “I would like to thank Evan Clifford for his involvement and contribution to Organic Garage.”

About Organic Garage Ltd.

Organic Garage (TSXV: OG) is one of Canada’s leading independent organic grocers and is committed to offering its customers a wide selection of healthy and natural products at everyday affordable prices. The Company’s stores are in prime retail locations designed to give customers an inclusive, unique and value-focused grocery shopping experience. Founded in 2005 by a fourth-generation grocer, Organic Garage is headquartered in Toronto. The Company is focused on continuing to expand its retail footprint within the Greater Toronto Area. For more information, please visit the Organic Garage website at www.organicgarage.com.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes.

Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of Organic Garage, that may cause the actual results, level of activity, performance or achievements of Organic Garage to be materially different from those expressed or implied by such forward looking statements, including but not limited to future growth and general business, economic, competitive, political and social uncertainties. Although Organic Garage has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Organic Garage’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither Organic Garage assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

For further information please contact:

Bill Mitoulas

T: (416) 479-9547

E: [email protected]

W: www.organicgarage.com

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Other Retail Supermarket Specialty Family Food/Beverage Consumer Other Consumer Retail

MEDIA:

Logo
Logo

Calix Wins 2020 Awards for “Best CEOs” and “Best Companies for Diversity” From Comparably, Also Achieves a Top Culture Ranking

Calix Wins 2020 Awards for “Best CEOs” and “Best Companies for Diversity” From Comparably, Also Achieves a Top Culture Ranking

Awards and notable rankings on the Comparably annual listings include Best CEOs, Best Companies for Diversity, and an “A” Culture rating making Calix THE place to work

SAN JOSE, Calif.–(BUSINESS WIRE)–Calix, Inc. (NYSE: CALX) today announced it has received awards in two categories—Best CEOs 2020 and Best Companies for Diversity—from leading culture and compensation monitoring site Comparably. Calix received these awards in the “large company” category, defined as having 500 or more employees. Calix also received numerous positive ratings from employees including an “A” score for Culture—a grade that stacks up against U.S.-based companies with between 500 and 1,000 employees. The total Comparably dataset represents 10 million ratings across 60,000 U.S. companies. This is the first year Calix has participated in Comparably rankings, which are based on self-reported, anonymous survey responses from employees.

Comparably honored Calix CEO Carl Russo with the Best CEOs 2020 award based on his ranking 27th on its annual list of Top 50 highest-rated CEOs of 2020. A renowned visionary in the communications industry, Russo previously served as president and CEO of Cerent, which was acquired by Cisco in 1999 at a 7.5 billion-dollar value. Before that, he was chief operating officer at Xircom, which also achieved a multibillion-dollar value. Russo was an initial investor in Calix in 1999 and served as board chairman. In 2002 he stepped into the role of president and CEO. During that time, he’s spearheaded strategic acquisitions and taken Calix public.

Russo continues to lead Calix with vision and tenacity while driving a culture of collaboration and open communication. Based on Calix employee ratings on Comparably.com, Russo has earned an approval score of 94/100, placing him in the top five percent of all CEOs.

Calix employee sentiment gives the company an overall Culture grade of “A” with a rating of 4.6 out of 5-stars, which puts Calix in the top 10 percent among similarly-sized companies in the U.S. The overall Culture score, 85/100, incorporates employee ratings based on their feedback in such categories as Work Culture, Leadership, Managers, Meetings and more. The ratings show employees at Calix are very satisfied with their work experience.

Comparably also awarded Calix with a Best Companies for Diversity 2020 award, based on the company’s number 18 ranking on Comparably’s list of Top 50 highest-rated Companies for Diversity in 2020. This list is assembled based on anonymous feedback from employees of color on Comparably.com over the past 12 months. In general rankings on diversity, Calix scores 84/100 across various culture categories, placing Calix in the top 15 percent among companies. This category provides insight into how diverse employees feel and rate their work experience at Calix across various culture dimensions. Diverse employees at Calix give the company high marks in the categories of Team, CEO Rating, and Leadership.

“The Best Companies for Diversity awards recognize the importance of providing an inclusive culture for all in the workplace,” said Comparably CEO Jason Nazar. “Employees rated Calix as one of the best places to work in 2020, commending the company’s diverse and collaborative environment filled with meaningful career growth opportunities and great work-life balance.”

“For the last decade Calix has been engaged in building breakthrough platforms to help the future generations of internet service providers deliver an unparalleled subscriber experience,” said Carl Russo, President and CEO for Calix. “Innovation at this scale can only be done with a diverse team of creative people. Our broad diversity ensures that we see all the possibilities and the risks, thereby allowing us to deliver quantum leaps in value to our customers and their subscribers. I am proud of the culture we have built and look forward to welcoming more of the world’s best and brightest as we continue to enable our customers to keep the world connected.”

Interested in joining the team? We are hiring. Learn more about careers at Calix.

About Comparably

Comparably is a leading workplace culture and compensation monitoring site that provides the most comprehensive and accurate representation of what it’s like to work at companies. Employees can anonymously rate their employers in 20 different workplace culture categories, providing the public a transparent and in-depth look at the experiences workers have based on their gender, ethnicity, age, department, experience, location, education, and company size. Since launching in 2016, Comparably has accumulated 10 million ratings across 60,000 U.S. companies. The platform has become one of the fastest-growing SaaS solutions for employer branding and a trusted third-party site for workplace and salary data, including its annual Best Places to Work series.

About Calix

Calix, Inc. (NYSE: CALX) – Innovative communications service providers rely on Calix platforms to help them master and monetize the complex infrastructure between their subscribers and the cloud. Calix is the leading global provider of the cloud and software platforms, systems, and services required to deliver the unified access network and smart premises of tomorrow. Our platforms and services help our customers build next generation networks by embracing a DevOps operating model, optimize the subscriber experience by leveraging big data analytics and turn the complexity of the smart, connected home and business into new revenue streams.

This press release may contain forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.

Press Inquiries:

Dale Legaspi

408-474-0056

[email protected]

Investor Inquiries:

Tom Dinges

408-474-0080

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Data Management Technology Telecommunications Software Networks Internet

MEDIA:

Logo
Logo

WOW! Unlimited Media Provides Update to Animation Production Backlog

VANCOUVER, British Columbia, Dec. 23, 2020 (GLOBE NEWSWIRE) — WOW Unlimited Media Inc. (“WOW!” or the “Company”) (TSXV: WOW; OTCQX: WOWMF) is pleased to provide a year-end update to its animation production backlog.

As of today, the Company’s current orders on hand, not including billing in progress for the quarter ending December 31, 2020, is at $95.4 million, significantly higher than the previously reported backlog of $57.6 million as at September 30, 2020. Backlog represents the undiscounted value of signed agreements for production services contracts and intellectual property in relation to licensing and distribution agreements for work that has not yet been performed, but for which the Company expects to recognize revenue in future periods. Backlog excludes estimates of refundable tax credits as well as variable consideration for transactions involving sales or usage-based royalties in exchange for licenses of intellectual property. The Company expects to recognize the majority of backlog as revenue over the next 30 months.

“We are delighted to announce that additional contracts were added in our fourth quarter and our backlog, excluding Q4 billings, has significantly increased. This reflects the trust that both existing and new clients have in WOW!’s ability to build and deliver top end animated content. We continue to execute on our growth strategy and our production pipeline remains very encouraging,” commented Michael Hirsh, CEO of WOW!.

As stated previously, WOW!’s production studios, aided by the Company’s Global Studio Pipeline (“GSP”), have adapted efficiently to the COVID-19 pandemic with minimal disruption to client commitments. The GSP initiative has helped increase the studio’s overall production capacity and demand for WOW!’s services continues to be strong heading into 2021 and beyond.

About WOW!

WOW! is creating a leading animation-focused entertainment company by producing top-end content and building brands and audiences on engaging media platforms. The Company produces animation in its two established studios: Mainframe Studios in Vancouver and Frederator Studios in Los Angeles. The Company’s media offerings include Channel Frederator Network on YouTube, as well as WOW! branded programming on Crave, Canada’s premier streaming entertainment platform, owned by Bell Media. The Voting Shares are listed on the TSXV (TSXV: WOW) and the OTCQX Best Market (OTCQX: WOWMF).

Forward-Looking Statements:

This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes.

In particular, this press release contains forward-looking statements relating to, among other things: the size of the Offering, and the intended use of the net proceeds of the Offering. Such statements reflect management’s current views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by WOW!, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause our actual results, performance or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements. In making the forward-looking statements included in this press release, the Company has made various material assumptions, including, but not limited to general business and economic conditions; the Company’s ability to raise additional funding; capital expenditure programs and other expenditures by the Company and its customers; existing governmental regulations and changes in, or the failure to comply with, governmental regulations; and changes in business strategy or development plans.

Forward-looking statements are not a guarantee of future performance and are subject to and involve a number of known and unknown risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the risks identified in the Company’s Management’s Discussion and Analysis for its year ended December 31, 2019, which has been filed with the Canadian Securities Administrators and is available on the System for Electronic Document Analysis and Retrieval at www.sedar.com. Any forward-looking statements are made as of the date hereof and, except as required by law, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

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



Further information available at:

Website: www.wowunlimited.co
Contact: Bill Mitoulas, Investor Relations
Tel: (416) 479-9547
Email: [email protected]