Histogen Announces $4.5 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

SAN DIEGO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Histogen Inc. (Nasdaq: HSTO), a clinical-stage therapeutics company focused on developing potential first-in-class therapeutics that ignite the body’s natural process to repair and maintain healthy biological function, today announced that it has entered into definitive agreements with several institutional and accredited investors, for the purchase and sale of 2,522,784 shares of its common stock, at a purchase price of $1.78375 per share, in a registered direct offering priced at-the-market under Nasdaq rules. Histogen also agreed to issue to the investors, in a concurrent private placement, unregistered warrants to purchase up to an aggregate of 1,892,088 shares of its common stock. The closing of the offering is expected to occur on or about November 16, 2020, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

The warrants have an exercise price of $ 1.70 per share, will be exercisable immediately upon issuance and will expire five and one-half years from the date of issuance.

The gross proceeds from this offering are expected to be approximately $4.5 million, before deducting placement agent’s fees and other offering expenses. Histogen intends to use the net proceeds from this offering for working capital and general corporate purposes, including expenses related to the clinical development of its products for its CCM, hECM and HSC programs, further research and development, capital expenditures and general and administrative expenses.

The shares of common stock (but not the warrants or the shares of common stock underlying the warrants) are being offered by Histogen pursuant to a “shelf” registration statement on Form S-3 (File No. 333-248074) previously filed with the Securities and Exchange Commission (the “SEC”) on August 17, 2020 and declared effective by the SEC on August 26, 2020. The offering of the shares of common stock will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and accompanying prospectus relating to the shares of common stock being offered will be filed with the SEC. Electronic copies of the final prospectus supplement and accompanying prospectus may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (646) 975-6996 or e-mail at [email protected].

The warrants described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Act”), and Regulation D promulgated thereunder and, along with the shares of common stock underlying the warrants, have not been registered under the Act, or applicable state securities laws. Accordingly, the warrants and underlying shares of common stock may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Histogen

Histogen Inc. is a clinical-stage therapeutics company focused on developing potential first-in-class restorative therapeutics that ignite the body’s natural process to repair and maintain healthy biological function. Histogen’s innovative technology platform utilizes cell conditioned media and extracellular matrix materials produced by hypoxia-induced multipotent cells. Histogen’s proprietary, reproducible manufacturing process provides targeted solutions across a broad range of therapeutic indications including hair growth, dermal rejuvenation, joint cartilage regeneration and spinal disk repair. For more information, please visit www.histogen.com.

Forward-Looking Information

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. For example, we are using forward-looking statements when we discuss our ability to satisfy the closing conditions of the offering and the timing of the closing, the use of proceeds, our future operations and our ability to successfully initiate and complete clinical trials, obtain clinical trial data, and achieve regulatory milestones and related timing, including those related to the submission of a HST-003 IND for regeneration of cartilage in the knee, any initiation of a HST-002 Phase 1 trial for the treatment of moderate to severe nasolabial folds and the reporting of topline data for the ongoing HST-001 Phase 1a/2b trial for androgenic alopecia in men and the planned Phase 1 study of emricasan for the treatment of COVID-19; the nature, strategy and focus of our business; the sufficiency of our cash resources and ability to achieve value for our stockholders; and the development and commercial potential and potential benefits of any of our product candidates, such as HST-001, HST-002 and HST-003. We may not actually achieve the plans, carry out the intentions or meet the expectations or projections disclosed in the forward-looking statements and you should not place undue reliance on these forward-looking statements. Because such statements deal with future events and are based on our current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of ours that could differ materially from those described in or implied by the statements in this press release, including: market and other conditions, the uncertainties associated with the clinical development and regulatory approval of our product candidates, including potential delays in the commencement, enrollment and completion of clinical trials; the potential that earlier clinical trials and studies of our product candidates may not be predictive of future results; risks related to business interruptions, including the outbreak of COVID-19 coronavirus, which could seriously harm our financial condition and increase its costs and expenses; and the requirement for additional capital to continue to advance these product candidates, which may not be available on favorable terms or at all. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including those risks discussed in our filings with the Securities and Exchange Commission. Except as otherwise required by law, we disclaim any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events, or circumstances or otherwise.

Contact:

Susan A. Knudson
Executive Vice President & CFO
Histogen Inc.
[email protected]

Westwater Resources Announces Third Quarter 2020 Results and Business Update

Westwater Resources Announces Third Quarter 2020 Results and Business Update

Company Will Update Investors on Its Coosa Graphite Project and Ongoing Construction of Pilot Plant in Germany

CENTENNIAL, Colo.–(BUSINESS WIRE)–Westwater Resources (NASDAQ: WWR), an energy materials development company, today announced its results for the third quarter ended September 30, 2020 and provided an update on its materials development business.

Founded four decades ago and originally incorporated to mine uranium, Westwater Resources has been reinvented as a 21st century energy materials development company focused on the production of battery-grade graphite. The Company’s Coosa Graphite Project is the most advanced graphite project in the United States and, when developed, will produce high purity battery-grade graphite, a material that is essential for the components of high-technology energy applications such as electric automobiles.

Westwater recently announced delivery of 30 metric tonnes of natural flake graphite concentrate at pilot plant contractor Dorfner Anzaplan’s facility in Hirschau, Germany. This material is being utilized in the Company’s pilot plant facilities presently under construction in Germany, upstate New York and Illinois. Operation of the pilot plants is expected to commence this month and continue through March 2021.

Westwater continues to develop a proprietary process for the production of non-Chinese battery-grade graphite. The Company has filed a provisional patent application with the U.S. Patent and Trademark Office for its proprietary graphite purification technology, which produces battery-grade graphite with a more sustainable environmental footprint than that produced in China. Independent performance testing of Westwater’s ULTRA-CSPG™ (Coated Spherical Purified Graphite or “CSPG”) material produced in a laboratory setting shows that it performs as well or better than benchmark commercially available natural flake and synthetic materials. Independent performance testing of Westwater’s ULTRA-PMG™ (Purified Micronized Graphite or “PMG”) material has also shown outstanding resistivity values as a conductivity enhancer.

During the third quarter, Westwater added to its management team by appointing Jay Wago as Vice President of Sales and Marketing. Mr. Wago has years of solid experience in the battery materials business, and he has been tasked with bolstering the Company’s marketing strategy to create greater awareness of Westwater’s American-made graphite battery material to end-users worldwide. The Westwater marketing team, under Mr. Wago’s direction, is working to place battery-grade graphite products produced during the pilot plant program in the hands of potential customers.

On September 8, 2020, Westwater entered into a Letter of Intent to sell its U.S. uranium business to enCore Energy Corp. of Vancouver, BC, a Toronto Venture Exchange-listed company (TSX.V:EU). Westwater will receive approximately $2 million in shares of enCore stock and will retain royalty interests on its former New Mexico properties. This sale is expected to eliminate approximately $4 million in annual expenditures by the Company and nearly $7.8 million in liabilities based on September 30, 2020 book values. The transaction is expected to close on or before December 31, 2020. Westwater will retain its interests in its uranium business that is the subject of an international arbitration with the Republic of Turkey.

On September 30, 2020, the U.S. President issued an executive order addressing the threat to the United States domestic supply chain of reliance on critical minerals from foreign adversaries and declaring such reliance a national emergency. The critical minerals referred to in the executive order were previously identified by the Department of Interior in May 2018, and include both natural graphite and vanadium. The executive order highlights the importance of Westwater’s plans to develop the Coosa Graphite Deposit in east-central Alabama, where the Company has also discovered widespread and significant levels of vanadium mineralization. In 2021, Westwater expects to commence further exploration for vanadium at the Coosa Graphite Project.

“Our management team possesses a unique combination of battery materials knowledge and extensive project-execution experience alongside manufacturing and processing expertise. This expertise spans everything from graphite to precious metals to energy materials,” said Chris Jones, CEO of Westwater Resources. “Coupled with decades of capital markets experience, we have what we need to build a powerful presence in the new energy marketplace. In the third quarter of 2020 we reached a number of significant milestones, and I believe these milestones position our Company for growth throughout 2021. We continue to execute our business plan without pause.”

FINANCIAL SUMMARY

Table 1: Financial Summary

(000’s, Except Per Share)

 

3Q 2020

 

3Q 2019

 

3Q

Variance

 

9-Mos

2020

 

9-Mos

2019

9-Mos

Variance

Net Cash Used in Consolidated Operations

 

$ (4,069)

 

$ (2,868)

 

42%

 

$ (10,134)

 

$ (7,192)

 

41%

Product Development Expenses

 

$ (1,641)

 

$ (19)

 

n/m

 

$ (1,942)

 

$ (51)

 

n/m

General and Administrative

 

$ (1,536)

 

$ (1,003)

 

53%

 

$ (4,106)

 

$ (3,583)

 

15%

Net Loss from Continuing Operations

 

$ (3,362)

 

$ (1,170)

 

187%

 

$ (6,932)

 

$ (4,731)

 

47%

Net Loss from Discontinued Operations

 

$ (6,389)

 

$ (664)

 

862%

 

$ (8,573)

 

$ (3,052)

 

181%

Net Loss

 

$ (9,751)

 

$ (1,834)

 

432%

 

$ (15,505)

 

$ (7,783)

 

99%

Net Loss Per Share

 

$ (1.23)

 

$ (0.95)

 

29%

 

$ (2.63)

 

$ (4.66)

 

-43%

Weighted Avg. Shares Outstanding

 

7,905

 

1,931

 

309%

 

5,906

 

1,649

 

258%

  • Net Cash Used in Consolidated Operations. Net cash used in all operating activities was $10.1 million for the nine months ended September 30, 2020, as compared with $7.2 million for the same period in 2019. The $2.9 million increase in cash used in operating activities was primarily due to increased graphite product development expenses, general and administrative expenses and arbitration costs in 2020 compared to 2019. The increase of $1.2 million in cash used during the three-months ended September 30, 2020 compared to the prior year three-month period was primarily due to expenditures for graphite product development activities.
  • Product Development Expenses. For the three and nine months ended September 30, 2020, product development expenses from continuing operations increased by $1.6 million and $1.9 million, respectively, from the corresponding periods in 2019. Management’s decision to discontinue uranium and lithium operations in the third quarter of 2020 in favor of expanding the Company’s graphite business has allowed for the investment of an additional $1.6 million during the quarter for product development costs, including pilot plant planning and graphite product testing as part of its Coosa Graphite Project.
  • General and Administrative Expenses. General and administrative expenses from continuing operations for the three-and-nine-months ended September 30, 2020 increased by $0.5 million from their respective periods in 2019. The increase was due primarily to a reversal of executive bonuses of approximately $0.4 million which lowered costs in 2019.
  • Net Loss from Continuing Operations. Represents operating activities related primarily to the Company’s graphite business, corporate general and administrative costs and arbitration costs related to the Company’s damages claim against the Republic of Turkey. The increase in net loss of $2.2 million for both the three-and-nine-month periods ended September 30, 2020 compared to the respective prior year periods in 2019 was primarily due to increased graphite product development costs for product testing and pilot plant planning, and increased arbitration costs.
  • Net Loss from Discontinued Operations. The uranium and lithium businesses have been combined and reported as discontinued operations due to the decision to sell the uranium business and discontinue investment in the lithium business, both actions undertaken in the third quarter of 2020 to orient additional resources to the graphite business. Net loss from discontinued operations was $6.4 million and $8.6 million for the three-and-nine-month periods ended September 30, 2020, respectively. The $5.7 million and $5.5 million increases from the respective prior periods in 2019 were largely due to a $5.2 million impairment charge recorded against uranium property, plant and equipment in the third quarter of 2020 as a result of the terms of sale of the uranium assets and liabilities to enCore Energy Corp.
  • Cash and Working Capital from Continuing Operations. At September 30, 2020 the Company’s cash balances were $5.5 million and working capital from continuing operations was $2.9 million. The Company’s cash balance at October 31, 2020 was $53.3 million. Management believes the significant treasury balance has mitigated the Company’s capital risk through 2021 as the Company’s 2021 non-discretionary budget, budgeted graphite pilot plant program and the remaining budgeted product development initiatives are now fully funded. The Company is pursuing project financing to support primary funding of the capital expenditures for construction of the commercial plant set to occur in the second half of 2021.
  • Shares Outstanding. Total shares outstanding are 19,021,859 at November 12, 2020.

     

Conference Call & Webcast Information

The conference call will be held on Thursday, November 12, 2020 at 11:00 am Eastern time (9:00 am Mountain Time).

DIAL-IN NUMBERS

1-800-319-4610 (US and Canada)

1-604-638-5340 (International)

Conference ID: Westwater Resources Conference Call

Hosting the call will be Christopher M. Jones, President and Chief Executive Officer of Westwater Resources, who will be joined by Jeffrey L. Vigil, Vice President-Finance and Chief Financial Officer, and Dain McCoig, Vice President of Operations. Mr. Jones will present an overview of the Company’s business, including progress on the sale of its uranium business, and an update on the Coosa Graphite Project, including the status of the construction of the pilot plant and the federal government’s recent ruling on graphite. Mr. Vigil will review the financial results and the financial condition of the Company and Mr. McCoig will be available for questions as part of the call.

The conference call and presentation will also be available via a live webcast through the Company’s website, www.WestwaterResources.net. A replay of the call will be available on the Company’s website for a limited time and by phone using the details below:

REPLAY NUMBERS

1-855-669-9658 (U.S. and Canada)

1-412-317-0088 (International)

Replay Access Code 5521

About Westwater Resources

Westwater Resources (NASDAQ: WWR) is focused on developing energy-related materials. The Company’s battery-materials projects include the Coosa Graphite Project — the most advanced natural flake graphite project in the contiguous United States — and the associated Coosa Graphite Deposit located across 41,900 acres (~17,000 hectares) in east-central Alabama. Commencement of pilot plant operations is scheduled for the fourth quarter of 2020, producing ULTRA-PMGTM, ULTRA-DEXDGTM and ULTRA-CSPGTM in quantities that facilitate qualification testing by potential customers. For more information, please visit www.westwaterresources.net.

Cautionary Statement

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as “expects,” “estimates,” “projects,” “anticipates,” “believes,” “could,” “scheduled,” and other similar words. All statements addressing events or developments that WWR expects or anticipates will occur in the future, including but not limited to the closing of the transaction with enCore Energy Corp., the commencement of operations at the Company’s proposed pilot plant facilities, future production of battery graphite products, and activities involving the Coosa Graphite Project and the Coosa Graphite Deposit. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include, but are not limited to, (a) the Company’s ability to successfully construct and operate a pilot plant capable of producing battery grade materials in quantities and on schedules consistent with the Coosa Graphite Project business plan; (b) the Company’s ability to raise additional capital in the future including the ability to utilize existing financing facilities; (c) spot price and long-term contract price of graphite and vanadium; (d) risks associated with our operations and the operations of our partners such as Dorfner Anzaplan, including the impact of COVID-19 and its potential impacts to the capital markets; (e) operating conditions at the Company’s projects; (f) government and tribal regulation of the graphite industry and the vanadium industry; (g) world-wide graphite and vanadium supply and demand, including the supply and demand for energy storage batteries; (h) unanticipated geological, processing, regulatory and legal or other problems the Company may encounter in the jurisdictions where the Company operates or intends to operate, including but not limited to Alabama; (i) the ability of the Company to enter into and successfully close acquisitions or other material transactions, including the proposed transaction to sell uranium assets in Texas and New Mexico to enCore Energy; (j) any graphite or vanadium discoveries not being in high-enough concentration to make it economic to extract the minerals; (k) currently pending or new litigation or arbitration; and (l) other factors which are more fully described in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize or should any of the Company’s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company’s forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this news release.

Westwater Resources

Christopher M. Jones, President & CEO

Phone: 303.531.0480

Jeffrey L. Vigil, Vice President Finance & CFO

Phone: 303.531.0481

Email: [email protected]

Product Sales Contact:

Jay Wago, Vice President – Sales and Marketing

Phone: 303.531.0472

Email: [email protected]

Investor Relations

Porter, LeVay & Rose

Michael Porter

Phone: 212.564.4700

Email: [email protected]

KEYWORDS: Australia/Oceania United States Canada North America Australia Europe Germany Nevada Colorado Idaho New Mexico

INDUSTRY KEYWORDS: Communications Other Energy Mining/Minerals Energy Natural Resources Public Relations/Investor Relations

MEDIA:

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TrueBlue to Participate in J.P. Morgan Ultimate Services Investor Conference

TrueBlue to Participate in J.P. Morgan Ultimate Services Investor Conference

TACOMA, Wash.–(BUSINESS WIRE)–
TrueBlue (NYSE:TBI) today announced that Chief Executive Officer Patrick Beharelle and Chief Financial Officer Derrek Gafford will be participating in the J.P. Morgan Virtual Ultimate Services Investor Conference on Thursday, Nov. 19, 2019 and will host investor meetings throughout the day.

About TrueBlue

TrueBlue (NYSE: TBI) is a leading provider of specialized workforce solutions that help clients achieve business growth and improve productivity. In 2019, TrueBlue connected approximately 724,000 people with work. Its PeopleReady segment offers on-demand, industrial staffing services, PeopleManagement offers contingent, on-site industrial staffing and commercial driver services, and PeopleScout offers recruitment process outsourcing (RPO) and managed service provider (MSP) solutions to a wide variety of industries. Learn more at www.trueblue.com.

Derrek Gafford, Executive Vice President and CFO

253-680-8214

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Banking Professional Services Human Resources Finance

MEDIA:

Renesas and Altran Team to Deploy First Social Distancing Wristwatch that uses Ultra-Wideband Chipset with Low Rate Pulse

Renesas and Altran Team to Deploy First Social Distancing Wristwatch that uses Ultra-Wideband Chipset with Low Rate Pulse

Collaboration Develops UWB Wearable Platform for Precision Distance Measurement Applications

TOKYO & NEW YORK–(BUSINESS WIRE)–
Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, and Altran, the global leader in engineering and R&D services, and part of the Capgemini Group, today announced that they have co-developed a wearable solution for social distancing based on Ultra-Wideband (UWB) technology. Earlier this year, Renesas announced it had licensed UWB technology from 3db Access AG, a fabless semiconductor company specializing in secure UWB low power chips to augment Renesas microcontrollers (MCUs).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201112005333/en/

The platform’s form factor, a wristwatch, combines the Renesas SynergyS128 MCU featuring HMI capacitive touch with licensed secure ranging UWB technology. Unlike other social distancing wearables based on technologies such as Bluetooth® Low Energy (BLE), Renesas’ UWB chipset with Low Rate Pulse (LRP) can operate on 10X lower power consumption than competing UWB chips and measure distances with an accuracy of 10cm or less – the precision necessary for social distancing applications. The wristwatch’s safe distance is user-configurable; the wearer is alerted by LEDs and haptic feedback when a second device is detected within this range. Renesas will begin sampling the UWB chipset during the second half of 2021.

As co-developer and system integrator, Altran will leverage the UWB-based platform along with other internal assets to develop additional wearable solutions for social distancing as well as related location-based applications for clients across a broad range of markets. The social distancing wristwatch will be showcased in Altran’s innovation lab.

“After months of global pandemic shutdowns, people will want to feel safe when they return to work, school and social settings in close proximity to others. I’m pleased our collaboration with Altran is about responding to the COVID-19 pandemic with the first LRP UWB social distance wristwatch solution,” said Roger Wendelken, Senior Vice President, Head of MCU Business, IoT and Infrastructure Business Unit at Renesas. “Renesas plans to expand to more use cases in the future such as access control, asset tracking and geofencing.”

“This has been a unique and rewarding project, collaborating with Renesas to bring the first LRP UWB-based social distancing wristwatch to market,” said Scott Houghton, President of Altran’s Semiconductor & Electronics, Industrial & Consumer business. “We’re excited to introduce this platform to other markets; its form factor, power efficiency and accuracy make it an excellent fit – in both COVID and non-COVID applications– across our vertical industries.”

About Altran

Altran is the world leader in engineering and R&D services. Altran offers its clients a unique value proposition to meet their transformation and innovation challenges. Altran supports its clients, from concept through industrialization, to develop the products and services of tomorrow and has been working for more than 35 years with major players in many sectors: Automotive, Aeronautics, Space, Defense & Naval, Rail, Infrastructure & Transport, Energy, Industrial & Consumer, Life Sciences, Communications, Semiconductor & Electronics, Software & Internet, Finance & Public Sector. Altran has more than 50,000 employees operating in over 30 countries.

Altran is an integral part of Capgemini, global leader in consulting, digital transformation, technology, and engineering services. The Group is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. A responsible and multicultural company of 265,000 people in nearly 50 countries, Capgemini’s purpose is to unleash human energy through technology for an inclusive and sustainable future. With Altran, the Group reported 2019 combined global revenues of €17 billion.

Visit us at altran.com.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future. Learn more at renesas.com. Follow us on LinkedIn, Facebook, Twitter, and YouTube.

(Remarks) Renesas Synergy is a trademark of Renesas Electronics Corporation. Bluetooth is a registered trademark of Bluetooth SIG, Inc. of the United States. All names of products or services mentioned in this press release are trademarks or registered trademarks of their respective owners.

Mark Alden

Renesas Electronics Corporation

+ 1-408-546-3402

[email protected]

David Fondiller

Altran

+ 1-917-748-1440

[email protected]

KEYWORDS: United States Japan North America Asia Pacific New York

INDUSTRY KEYWORDS: Semiconductor Hardware Consumer Electronics Technology Software

MEDIA:

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TransAct Technologies Announces Appointment of Randall Friedman to Board of Directors

TransAct Technologies Announces Appointment of Randall Friedman to Board of Directors

HAMDEN, Conn.–(BUSINESS WIRE)–
TransAct Technologies Incorporated (Nasdaq: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, today announced the appointment of Randall Friedman to the Board of Directors, effective November 10, 2020. Following the nomination of Mr. Friedman, the Board will expand to six directors from five.

“We are pleased to welcome Randall Friedman to our already talented Board. Mr. Friedman’s extensive knowledge of restaurants and the food service industry and his deep expertise in business-to-business marketing in the restaurant market will be a huge help to our company given how the sales process has changed so dramatically in a Covid-19 environment. No doubt he will provide invaluable support to our BOHA! marketing and sales efforts. Further, Mr. Friedman’s leadership of a number of leading trade journals including Nation’s Restaurant News, Supermarket News, and Chain Store Age, in addition to his experience helping a number of businesses navigate rapid change and disruption, make him a perfect match for TransAct. We could not be more excited to get to work on our massive opportunities,” said Bart Shuldman, Chairman and CEO of TransAct.

Mr. Friedman, age 47, has over a decade of leadership experience in digital innovation and marketing, strategic planning, business acquisitions and divestitures, as well as restructuring and business evolution. Mr. Friedman also brings industry expertise in the food service technology market. For over ten years, Mr. Friedman served in various senior management roles, including President and Chief Executive Officer, at Lebhar-Friedman, Inc., a business-to-business media company where he was responsible for, among other things, sales and marketing, and focused on the food service and retail markets. In addition, Mr. Friedman is the founder of Iaso Health, LLC, an online search tool for on-demand healthcare options. Mr. Friedman is a graduate of Williams College and received his MBA from the Fordham University School of Business.

About TransAct Technologies Incorporated

TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including food service, casino and gaming, POS automation, and oil and gas. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the BOHA! ™, AccuDate™, EPICENTRAL®, Epic®, Ithaca® and Printrex® brands. TransAct has sold over 3.5 million printers and terminals around the world and is committed to providing world-class service, spare parts and accessories to support its installed product base. Through the TransAct Services Group, the Company also provides customers with a complete range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203) 859-6800.

TransAct®, BOHA!™, AccuDate™, Epic, EPICENTRAL™, Ithaca® and Printrex® are trademarks of TransAct Technologies Incorporated. ©2019 TRANSACT Technologies Incorporated. All rights reserved.

Michael Bowen

ICR, Inc.

[email protected]

203-682-8299

Marc P. Griffin

ICR, Inc.

[email protected]

646-277-1290

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Casino/Gaming Other Technology Technology Entertainment Software

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Advanced Energy Introduces New SCR Power Controller With Advanced Performance and New Capabilities to Bring Industry 4.0 to Precision Heating Applications

Advanced Energy Introduces New SCR Power Controller With Advanced Performance and New Capabilities to Bring Industry 4.0 to Precision Heating Applications

New Thyro-A+ substantially increases control accuracy in the industry’s smallest design footprint to meet the challenges in semiconductor and industrial manufacturing

DENVER–(BUSINESS WIRE)–Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today announced the expansion of its market-leading line of SCR (silicon controlled rectifier) power controllers with its new Thyro-A+ for precision industrial and semiconductor heating applications. Thyro-A+ provides customers with next-generation SCR accuracy and load monitoring, the industry’s smallest design footprint and new digital control capabilities for precision heating, melting, drying and forming applications.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201112005280/en/

Advanced Energy's new Thyro-A+ SCR power controller provides semiconductor and industrial manufacturers with next-generation SCR accuracy and load monitoring, the industry’s smallest design footprint and new digital control capabilities for precision heating, melting, drying and forming applications. Featuring advanced digital capabilities and a digital control interface, Thyro-A+ enables integration with other connected factory software and applications to deliver on the promise of Industry 4.0. (Photo: Business Wire)

Advanced Energy’s new Thyro-A+ SCR power controller provides semiconductor and industrial manufacturers with next-generation SCR accuracy and load monitoring, the industry’s smallest design footprint and new digital control capabilities for precision heating, melting, drying and forming applications. Featuring advanced digital capabilities and a digital control interface, Thyro-A+ enables integration with other connected factory software and applications to deliver on the promise of Industry 4.0. (Photo: Business Wire)

Thyro-A+ has a completely redesigned control engine, enabling a 16x increase to measurement sampling rate over the Thyro-A, for enhanced control accuracy, which substantially improves process uniformity and repeatability, reduces energy consumption, and increases process throughput in precision heating applications. It comes with the industry’s smallest design footprint, delivering industry-leading power density. Featuring a new optional LED display for easy commissioning or visualization, Thyro-A+ offers a number of advanced digital capabilities for remote controlling, self-monitoring and a digital control interface for integration with other connected factory software and applications to deliver on the promise of Industry 4.0.

“Building on Advanced Energy’s renowned family of SCR power controllers, the Thyro-A+ is our most advanced SCR, further expanding the range and capabilities of our solutions to meet the heating application requirements of our industrial and semiconductor customers,” said Andreas Breitkopf, director, photonics and PCS products at Advanced Energy. “Among AE’s other SCR power controllers, Thyro-A+ is certified in the Rockwell Encompass Partner program and connects directly with Rockwell Automation Logix PAC systems, providing customers with a straightforward path to fully integrated system designs.”

Thyro-A+ rounds out AE’s Thyro family of power controllers, which includes Thyro-S, Thyro-A eco, Thyro-A and Thyro-PX series. Thyro-A+ has a new powerful controller, which delivers on industry-leading accuracy, load monitoring and control of power for heating elements, resistive loads and transformer loads in a wide range of heating applications. The design provides lightning-fast installation and replacement with “copy-paste” configuration profiles that easily transfer system parameters between multiple SCR power controllers. Customers reduce system installation costs with the most compact SCR footprint available, and a wide variety of fieldbus protocols allow for the most efficient installation possible, allowing for effortless integration into existing enterprise applications for critical thermal processes.

AE will showcase Thyro-A+, along with its other Rockwell Encompass Partner program products, including the recently announced Impac Series 600 pyrometry platform, at the Rockwell Automation Fair, from November 16 to 20, to be held virtually this year.

For detailed product information and technical specifications, visit the Thyro-A+ page on AE’s website and the product data sheet.

About Advanced Energy

Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. With engineering know-how and responsive service and support around the globe, the company builds collaborative partnerships to meet technology advances, propel growth for its customers and innovate the future of power. Advanced Energy has devoted more than three decades to perfecting power for its global customers and is headquartered in Denver, Colorado, USA. For more information, visit www.advancedenergy.com.

Advanced Energy | Precision. Power. Performance.

Lora Wilson / Valerie Christopherson

Global Results Communications for Advanced Energy Industries, Inc.

[email protected]

+1 949.306.0276

KEYWORDS: Colorado United States North America

INDUSTRY KEYWORDS: Semiconductor Consumer Electronics Communications Technology Public Relations/Investor Relations Hardware

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Advanced Energy’s new Thyro-A+ SCR power controller provides semiconductor and industrial manufacturers with next-generation SCR accuracy and load monitoring, the industry’s smallest design footprint and new digital control capabilities for precision heating, melting, drying and forming applications. Featuring advanced digital capabilities and a digital control interface, Thyro-A+ enables integration with other connected factory software and applications to deliver on the promise of Industry 4.0. (Photo: Business Wire)

Horizon Therapeutics plc to Participate in Upcoming Investor Conferences

Horizon Therapeutics plc to Participate in Upcoming Investor Conferences

DUBLIN–(BUSINESS WIRE)–
Horizon Therapeutics plc (Nasdaq: HZNP) today announced that the Company will participate in the following conferences in November:

Jefferies Virtual London Healthcare Conference

  • Date: Tuesday, Nov. 17, 2020
  • Presentation Time: 5:35 p.m. GMT

Stifel 2020 Virtual Healthcare Conference

  • Date: Tuesday, Nov. 17, 2020
  • Presentation Time: 10:40 a.m. ET

The conference presentations will be webcast live and may be accessed by visiting Horizon’s website at http://ir.horizontherapeutics.com. A replay of the webcasts will be available for the event.

About Horizon

Horizon is focused on researching, developing and commercializing medicines that address critical needs for people impacted by rare and rheumatic diseases. Our pipeline is purposeful: we apply scientific expertise and courage to bring clinically meaningful therapies to patients. We believe science and compassion must work together to transform lives. For more information on how we go to incredible lengths to impact lives, please visit www.horizontherapeutics.com and follow us on Twitter, LinkedIn, Instagram and Facebook.

Investors:

Tina Ventura

Senior Vice President,

Investor Relations

[email protected]

Ruth Venning

Executive Director,

Investor Relations

[email protected]

U.S. Media:

Geoff Curtis

Executive Vice President,

Corporate Affairs & Chief Communications Officer

[email protected]

Ireland Media:

Ray Gordon

Gordon MRM

[email protected]

KEYWORDS: Europe Ireland United States North America Illinois

INDUSTRY KEYWORDS: Medical Supplies Health Medical Devices Other Health Managed Care Pharmaceutical Biotechnology

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PerkinElmer SARS-CoV-2 RT-PCR Assay Receives CE Mark for Saliva and Sample Pooling to Test Symptomatic and Asymptomatic Individuals

PerkinElmer SARS-CoV-2 RT-PCR Assay Receives CE Mark for Saliva and Sample Pooling to Test Symptomatic and Asymptomatic Individuals

Non-invasive sample collection and batch processing to test symptomatic and asymptomatic individuals – a breakthrough in COVID-19 testing

WALTHAM, Mass.–(BUSINESS WIRE)–PerkinElmer, Inc. (NYSE:PKI) announced today that its PerkinElmer® SARS-CoV-2 Real-time RT-PCR Assay received CE-IVD marking for the use of saliva as specimen type and the option to pool up to five specimens collected from individuals suspected of COVID-19 or asymptomatic individuals.

SARS-CoV-2 testing using saliva is less invasive, reduces the risk of exposure to healthcare workers involved in sample collection and need for frequent replacement of personal protective equipment.

Labs in countries accepting CE mark now have the option to accept saliva specimens and implement sample pooling using the PerkinElmer SARS-CoV-2 Real-time RT-PCR Assay. Sample pooling using saliva specimens is a critical advancement made possible by PerkinElmer’s chemistry and stringent manufacturing systems. The PerkinElmer SARS-CoV-2 Real-time RT-PCR Assay is built on the most sensitive SARS-CoV-2 test with the lowest limitation of detection in the market, according to the FDA’s reference panel comparative data.

The assay originally obtained its CE mark in the spring of 2020.

“To strike the right balance between keeping the world economy moving while ensuring safe practices, governments and private organizations are working tirelessly to increase the number of times individuals are tested for COVID-19,” said Masoud Toloue, Ph.D., Vice President & General Manager, Diagnostics, PerkinElmer. “We expect our newly released saliva-based collection and asymptomatic test solution will play a large role in this effort.”

PerkinElmer continues to work on the frontlines of improving COVID-19 testing. The Company’s comprehensive SARS-CoV-2 offerings span high throughput RNA extraction, RT-PCR, automation, ELISA, chemiluminescence, time-resolved fluorescence and lateral flow based serology testing.

About PerkinElmer

PerkinElmer enables scientists, researchers, and clinicians to address their most critical challenges across science and healthcare. With a mission focused on innovating for a healthier world, we deliver unique solutions to serve the diagnostics, life sciences, food, and applied markets. We strategically partner with customers to enable earlier and more accurate insights supported by deep market knowledge and technical expertise. Our dedicated team of about 13,000 employees worldwide is passionate about helping customers work to create healthier families, improve the quality of life, and sustain the wellbeing and longevity of people globally. The Company reported revenue of approximately $2.9 billion in 2019, serves customers in 190 countries, and is a component of the S&P 500 index. Additional information is available through 1-877-PKI-NYSE, or at www.perkinelmer.com

Media Relations:

Chet Murray

(781) 663-5728

[email protected]

Investor Relations:

Bryan Kipp

(781) 663-5583

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Research Medical Devices Infectious Diseases Other Health Biotechnology General Health Pharmaceutical Health Science Other Science

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Semtech and Symmetry Electronics Collaborate to Focus on Pro AV Customers

Semtech and Symmetry Electronics Collaborate to Focus on Pro AV Customers

Symmetry is now Semtech’s exclusive Pro AV Distributor for North America

CAMARILLO, Calif.–(BUSINESS WIRE)–Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed signal semiconductors and advanced algorithms, announced that Symmetry Electronics (Symmetry), a technology-focused distributor offering sales, technical and inventory support, will be the exclusive distributor in North America for Semtech’s Pro AV products.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201112005316/en/

Semtech and Symmetry Collaboration (Graphic: Business Wire)

Semtech and Symmetry Collaboration (Graphic: Business Wire)

“Symmetry has extensive experience working with customers in the professional audio-video space,” said Wen Hsu, Director of Sales and Applications at Symmetry. “We are eager to engage our customer base with Semtech’s exceptionally integrated video-over-Ethernet solutions.”

BlueRiver® AV-over-IP chipsets are one of the world’s only chipsets to transport uncompressed, zero-latency Ultra HD/4K HDR over standard Ethernet. In anticipation of the continued proliferation of BlueRiver technology, Symmetry has committed to carry inventory on the entire Semtech BlueRiver AVP product portfolio. Symmetry will also carry the full suite of Semtech’s AVX products. AVX enables point-to-point extension of uncompressed quality 4K video, audio, Gigabit Ethernet, and control signals between AV equipment. Both BlueRiver and AVX products are well suited to meet the needs of the industry’s most discerning Pro AV professionals. Symmetry has an established record in the AV market and is committed to offering BlueRiver and AVX customers excellence in technical support.

“Semtech’s Pro AV solutions are revolutionizing the industry and our collaboration with Symmetry as the exclusive distributor will provide a variety of Pro AV products for several markets and industries,” said Don Shaver, Vice President of Video Products for Semtech’s Signal Integrity Products Group.

About Semtech’s BlueRiver®

Semtech’s BlueRiver® technology, brings the disruptive power of Ethernet to AV signal distribution, forever changing the dynamics of the Pro AV industry by allowing installers and OEMs to replace proprietary AV matrix switches with off-the-shelf Ethernet networks that deliver dramatically better price/performance, flexibility and scalability. The BlueRiver platform delivers a single programmable system on chip (SoC), which can be used to replace traditional AV/KVM extenders, matrix switchers, video wall controllers and windowing processors with a simple network of transmitters, receivers and off-the-shelf Ethernet switches. BlueRiver chipsets are the foundation of SDVoE technology offering zero-latency, uncompressed 4K streaming over standard Ethernet with unique support for HDMI 2.0a and HDR. They also integrate high-fidelity video scaling, windowing and audio downmixing. For more information, visit https://www.semtech.com/technology/blueriver.

About Symmetry

In July 2017, Symmetry Electronics was acquired by TTI, Inc., a Berkshire Hathaway company. As an authorized global semiconductor distributor offering technical support, sales and distribution of wireless and video technologies, Symmetry has been selling electronic components since 1998. Symmetry serves customers with a worldwide sales and engineering team delivering technical services alongside an e-commerce experience. With its focused line card, expansive inventory and unsurpassed technical support, Symmetry strives to support design engineers and buyers throughout the design cycle and into production. The company is headquartered in Los Angeles with international offices in Mexico, Brazil, Canada, and China.

About Semtech

Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for high-end consumer, enterprise computing, communications, and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words “will,” “has committed,” “designed to” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors.” Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

Semtech, the Semtech logo and BlueRiver are registered trademarks or service marks of Semtech Corporation or its affiliates. SDVoE is a trademark or service mark of the SDVoE Alliance.

SMTC-P

Ronda Grech

Semtech Corporation

(805) 250-1263

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Technology Semiconductor

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Semtech and Symmetry Collaboration (Graphic: Business Wire)

BigCommerce Further Commits to Inclusivity With Hiring of Its First Diversity, Equity and Inclusion Officer

BigCommerce Further Commits to Inclusivity With Hiring of Its First Diversity, Equity and Inclusion Officer

Industry veteran Sharon Brogdon joins BigCommerce leadership team to establish DEI accountability as a core tenet of corporate strategy

AUSTIN, Texas–(BUSINESS WIRE)–BigCommerce (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced the appointment of Sharon Brogdon to the newly-created role of Vice President of Diversity, Equity and Inclusion (DEI), as part of its ongoing commitment to diversity and equity in the workplace and beyond. With more than 20 years experience developing diversity programs within industry-leading technology companies, Brogdon will formalize the company’s DEI efforts, integrate DEI initiatives into its existing core business pillars and oversee its Employee Resource Groups.

“It is critical to us that our employees not only feel BigCommerce is a safe and inclusive workplace, but that our customers and partners also see BigCommerce as a company that represents them,” said Brent Bellm, CEO at BigCommerce. “We’ve spent the last few years expanding our DEI practices and have made great progress, but there is so much more we could be doing as a company. Sharon has a proven history of cementing DEI as a company focus, and I have no doubt that, with her guidance, BigCommerce will create an environment where every stakeholder feels a sense of belonging.”

Brogdon joins BigCommerce from Vericast where, as executive director and head of diversity, equity and inclusion, she created and implemented a DEI strategy designed to consolidate and scale the individual programs of the company’s subsidiaries. Prior to Vericast, Brogdon held senior leadership roles at Fortune 50 technology companies and global DEI pioneers Microsoft and Intel Corporation. During her 20-year tenure at Intel, Brogdon was responsible for orchestrating the incorporation of diversity and inclusion throughout leadership as well as bringing D&I practices and accountability into all corporate programs and services. Before shifting to focus on corporate diversity and inclusion, Brogdon spent 12 years as a commissioned officer in the United States Navy in Undersea Surveillance and Data Communications, where she achieved the rank of Lieutenant Commander.

“Today, I see many companies at a critical juncture regarding how deeply they are willing to commit to creating equitable and inclusive workplaces,” added Brogdon. “I am impressed with BigCommerce’s deep commitment to DEI and recognition of the essential role it plays in their business success, and I am excited to join BigCommerce in this new role to lead diversity, equity and inclusion for the company.”

Brogdon will be joining Facebook’s Christine Warner at the Tech Up For Women event on Tuesday, November 17 for a fireside chat titled “Diversity Drives Innovation.” Learn more about the day-long virtual event at https://techupforwomen.com.

About BigCommerce

BigCommerce (Nasdaq: BIGC) is a leading software-as-a-service (SaaS) ecommerce platform that empowers merchants of all sizes to build, innovate and grow their businesses online. As a leading Open SaaS solution, BigCommerce provides merchants sophisticated enterprise-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2B and B2C companies across 150 countries and numerous industries use BigCommerce to create beautiful, engaging online stores, including Ben & Jerry’s, Molton Brown, S.C. Johnson, Skullcandy, Sony, Vodafone and Woolrich. Headquartered in Austin, BigCommerce has offices in San Francisco, Sydney and London. For more information, please visit www.bigcommerce.com or follow us on Twitter, LinkedIn, Instagram and Facebook.

BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

Media Contact

Rachael Hensley

(512) 865-4517

[email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Internet Online Retail Retail Technology Software

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