Market Newsdesk

MOUNT HOREB, Wis., Dec. 8, 2020 /PRNewswire/ — OneEvent Technologies, Inc. is proud to announce its new innovation, the Thermo Heartbeat^TM algorithm. Utilizing predictive analytics and Internet of Things (IoT) technology, OneEvent monitors refrigeration temperatures while predicting the potential breakdown of refrigerators and freezers to help protect COVID-19 vaccine inventory.

According to the World Health Organization (WHO), 50% of vaccines may be wasted globally every year and wastage in unopened vials is usually attributed to cold chain and stock management problems.*

One of the primary causes of improper refrigeration is the loss of cooling due to equipment failure.

The OneEvent® system, which meets CDC requirements and recommendations, protects COVID-19 vaccines and other inventory in cold storage in two ways. First, the OneEvent® system provides remote, real-time monitoring through a cellular gateway, collecting data from door and temperature sensors (including ultra-cold). Data is stored and analyzed in the cloud to verify that conditions are normal. When conditions exceed pre-set parameters, alerts are sent to a mobile device via email, text or push notification, empowering staff to correct the problem before inventory is affected. The OneEvent® system helps users meet CDC requirements and recommendations for vaccine storage.

The second method of protection is provided through the OneEvent® system’s Thermo Heartbeat^TM algorithm and predictive analytics . The Thermo Heartbeat^TM analyzes temperature variation during normal use including warming, cooling and defrost cycles.  By collecting and analyzing data with predictive analytics, the OneEvent® system can detect whether a refrigerator or freezer has issues maintaining proper temperature and can predict if a unit’s temperature will go above or below its pre-set limits days in advance of doing so.

The Thermo Heartbeat^TM algorithm’s advance notification allows users to take action to protect their inventory in advance of a critical situation. Aside from protecting vital inventory, OneEvent’s advance notice of potential issues reduces the strain on staff and reduces costs from expensive after-hours or rush service charges.

As the world begins the most extensive vaccination program in history, safeguarding COVID-19 vaccines will play a vital role in empowering us to recover from this devastating disease.

About OneEvent:

OneEvent Technologies, Inc, is a subsidiary of National Presto Industries, Inc. (NYSE: NPK). 
OneEvent was created to empower the protection of lives and property and has patented modern safety solutions to protect buildings, homes, assets and occupants. OneEventTech.com

* See Monitoring Vaccine Wastage at Country Level, available at https://apps.who.int/iris/bitstream/handle/10665/68463/WHO_VB_03.18.Rev.1_eng.pdf

This release contains “forward looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected. In addition to the factors discussed above, other important risk factors are delineated in the Company’s various SEC filings.

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SOURCE OneEvent Technologies, Inc.

PLAINFIELD, Ind., Dec. 8, 2020 /PRNewswire/ — The Duke Energy Foundation has awarded a $150,000 grant to the Indiana Natural Resources Foundation (INRF) for new features and upgrades at Ravinia State Forest in Morgan County, near Paragon, Ind.

The Indiana Department of Natural Resources (DNR) state forest encompasses 1,500 acres of rolling hills and valleys.

Projects include improvements to three parking lots, two new shelter houses featuring electric service and running water, signage and drainage improvements to the trail system, and the addition of picnic tables and grills, among other features.

“Duke Energy has a long, proud history of partnering with the DNR and we are pleased to be an early supporter of Indiana’s newest recreational site,” said Stan Pinegar, Duke Energy state president for Indiana.

“Duke Energy is a wonderful partner to the DNR and the Indiana Natural Resources Foundation,” said Jody Kress, INRF executive director. “Their support is helping create better public access during a time of increased need for safe outdoor recreation opportunities.”

“Ravinia has been an important part of our Hoosier heritage and history for the last 120 years,” said Dan Bortner, director at the Indiana Department of Natural Resources. “This incredibly generous gift by the Duke Energy Foundation will greatly assist the INRF in their work to preserve our natural legacy and create new opportunities for future generations to make memories and find inspiration.”

The new projects at the state forest are scheduled to begin in spring 2021 with completion scheduled for summer 2022.

Duke Energy Indiana

Duke Energy Indiana, a subsidiary of Duke Energy (NYSE: DUK), provides about 6,600 megawatts of owned electric capacity to approximately 850,000 customers in a 23,000-square-mile service area, making it Indiana’s largest electric supplier.

Duke Energy Foundation

The Duke Energy Foundation provides philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation contributes more than more than $2 million in Indiana annually in charitable gifts, and is funded by Duke Energy shareholder dollars. More information about the Foundation and its Powerful Communities program can be found at duke-energy.com/foundation. 

Duke Energy contact: Lew Middleton
Office: 317.838.1505 | 24-Hour: 800.559.3853

INRF contact: Julia Hodson
Office: 317.473.1211 | Email: [email protected]

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SOURCE Duke Energy

ALAMEDA, Calif., Dec. 8, 2020 /PRNewswire/ — Penumbra, Inc. (NYSE: PEN), a global healthcare company focused on innovative therapies, today responded to recent attacks by short sellers containing inaccurate and misleading information regarding scientific research published by Penumbra’s co-founder and Chief Innovator, Arani Bose, MD.

Dr. Arani Bose has co-authored numerous peer-reviewed articles and scientific presentations in his more than 30-year career in the medical field. As is commonplace in the medical community, many of his papers are published under the name A. Bose, as referenced on pubmed.gov and the original scientific publications. 

Penumbra confirms the papers rumored to be attributed to Antik Bose are in fact attributed to Dr. Arani Bose. To imply that Dr. Arani Bose’s peer-reviewed research, co-authored with a large cohort of his peers, was ever or would ever be attributed to anyone other than Dr. Arani Bose is inaccurate and conspiratorial.

Today, Penumbra’s chief executive officer, Adam Elsesser, spoke with Bank of America analyst Bob Hopkins about the state of Penumbra’s business on a pre-announced, public call. A replay of this call is available on Penumbra’s website for all interested parties. The company stands by the record of the Penumbra JET 7 Reperfusion Catheter with Xtra Flex technology (JET 7 Xtra Flex). Penumbra continues to follow all applicable Quality System Regulations and international standards that govern the design and quality of its products. Penumbra has helped thousands of sick patients and is unaware of a single patient death associated with the use of JET 7 Xtra Flex when it is used in line with the instructions for use and the notice Penumbra has provided to physicians.

These claims are baseless. Penumbra is reviewing its options of how to further respond.

About Penumbra
Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company focused on innovative therapies. Penumbra designs, develops, manufactures and markets novel products and has a broad portfolio that addresses challenging medical conditions in markets with significant unmet need. Penumbra sells its products to hospitals and healthcare providers primarily through its direct sales organization in the U.S., most of Europe, Canada and Australia, and through distributors in select international markets. Penumbra, the Penumbra P logo, Penumbra JET, Benchmark and BMX96 are trademarks of Penumbra, Inc. For more information, visit www.penumbrainc.com

Forward-Looking Statements
Except for historical information, certain statements in this press release are forward-looking in nature and are subject to risks, uncertainties and assumptions about us. Our business and operations are subject to a variety of risks and uncertainties and, consequently, actual results may differ materially from those projected by any forward-looking statements. Factors that could cause actual results to differ from those projected include, but are not limited to: the impact of the COVID-19 pandemic on our business, results of operation and financial condition; failure to sustain or grow profitability or generate positive cash flows; failure to effectively introduce and market new products; delays in product introductions; significant competition; inability to further penetrate our current customer base, expand our user base and increase the frequency of use of our products by our customers; inability to achieve or maintain satisfactory pricing and margins; manufacturing difficulties; permanent write-downs or write-offs of our inventory; product defects or failures; unfavorable outcomes in clinical trials; inability to maintain our culture as we grow; fluctuations in foreign currency exchange rates; and potential adverse regulatory actions. These risks and uncertainties, as well as others, are discussed in greater detail in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on February 26, 2020, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 filed with the SEC on May 7, 2020, our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 filed with the SEC on August 3, 2020 and our Quarterly Report on Form 10-Q for the quarter September 30, 2020 filed with the SEC on November 2, 2020. There may be additional risks of which we are not presently aware or that we currently believe are immaterial which could have an adverse impact on our business. Any forward-looking statements are based on our current expectations, estimates and assumptions regarding future events and are applicable only as of the dates of such statements. We make no commitment to revise or update any forward-looking statements in order to reflect events or circumstances that may change.

Contact

Penumbra, Inc.
Investor Relations
[email protected]
510-995-2461

Penumbra, Inc.
Media Relations
Betsy Merryman
Merryman Communications
[email protected]
310-560-8176

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SOURCE Penumbra, Inc.

WESTFORD, Mass., Dec. 8, 2020 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and packet and optical transport solutions to service providers, enterprises, and critical infrastructure sectors, today announced that its market-leading Session Border Controller (SBC) 1000, SBC 2000 and SBC Software Edition (SWe) Lite now support Microsoft Teams Survivable Branch Appliance (SBA) for Microsoft Direct Routing. Ribbon is among a select group of Microsoft-certified SBC vendors who have participated in SBA development and trials. The Teams SBA enables users to place and receive business calls even if Microsoft 365 is unreachable.

“Our enhanced support for Microsoft Teams SBA provides organizations with a reliable back-up to make calls from Teams in Offline Mode in case of a network or cloud outage,” said Tony Scarfo, Ribbon’s Executive Vice President and General Manager, Cloud and Edge Business Unit. “The SBA services are a perfect complement to our enterprise SBC portfolio. We are pleased to be among the first vendors to offer this resiliency capability to our customers, which will help accelerate their move to the cloud.”

Mr. Scarfo added, “We have enjoyed a long, successful history with Microsoft, having worked closely with them to develop the SBA for Skype for Business, so we understand the technology and have years of experience deploying it in enterprises.”

“Microsoft Teams Survivable Branch Appliance is a critical requirement for high-availability sites to preserve calling capabilities in the event of a Microsoft 365 outage,” said Irwin Lazar, Vice President and Service Director at Nemertes Research. “With the growing number of organizations that have adopted, are evaluating, or planning to adopt Microsoft Teams Phone System, the need for Microsoft-certified SBCs to support remote site survivability is essential for ensuring reliable business operations.”

Microsoft Phone System with Microsoft Direct Routing provides voice calling services for Microsoft Teams users, allowing them to connect to their colleagues, customers, and business partners. Ribbon’s Microsoft-certified SBCs delivers secure, high-quality voice services for Microsoft Teams Direct Routing. 

The market-leading Ribbon SBC 1000 and 2000 can be ordered with an additional Server Module and SBA software. The SBC SWe Lite offers a configuration that includes SBA software. The Ribbon enterprise SBC portfolio will offer cost-effective hardware and software-based options for both small business and large offices. The solutions provide advanced security and interoperability with legacy PBXs and contact centers. The new SBA features are built into Ribbon’s easy configuration wizard, which allows for simple installation and administration.

Key Takeaways:

• The Ribbon SBC 1000, 2000 and SBC SWe Lite are among the first solutions selected by Microsoft to deliver advanced support for the new Microsoft Teams Survivable Branch Appliance (SBA) for Microsoft Teams Direct Routing.
• The Teams SBA enables Teams users to make and receive voice calls if Microsoft 365 is unreachable.
• The Ribbon certified solutions were selected because of Ribbon’s long history with Microsoft and its market-proven security and interoperability capabilities.
• Ribbon worked closely with Microsoft to create the Skype for Business SBA several years ago and the company is leveraging that experience to deliver similar capabilities for Teams.
• The new SBA features are built into Ribbon’s easy configuration wizard, which allows for simple installation and administration.

About Ribbon                                                                                 
Ribbon Communications (Nasdaq: RBBN) delivers global communications software and packet and optical network solutions to service providers, enterprises and critical infrastructure sectors. We engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today’s smart, always-on and data-hungry world. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge IP solutions, cloud-native offers, leading-edge software security and analytics tools, as well as 5G-ready packet and optical networking solutions acquired via our recent merger with ECI Telecom. To learn more about Ribbon visit rbbn.com.

Important Information Regarding Forward-Looking Statements 
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding expected benefits of Ribbon Communications’ products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the “Risk Factors” section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements, Ribbon Communications specifically disclaims any obligation to do so.

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SOURCE Ribbon Communications Inc.

VANCOUVER, BC, Dec. 8, 2020 /PRNewswire/ – Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) (“Taseko” or the “Company”) is pleased to announce that the Arizona Department of Environmental Quality (“ADEQ”) has granted its Florence Copper Project the Aquifer Protection Permit (“APP”).

Russell Hallbauer, Chief Executive Officer and Director of Taseko, commented, “This is a key milestone in the advancement of the Company’s next operating asset. By issuing this permit, the ADEQ has endorsed the environmental integrity of our project and is confident that the commercial operation will meet all state environmental laws and regulations. The US Environmental Protection Agency (“EPA”) continues to advance their permitting process and our expectation is that the Underground Injection Control Permit will be issued in early 2021. With construction anticipated to commence in 2021, the timing could not be better with copper being highlighted as the metal of the future as the world aggressively transitions to a green economy.”

Stuart McDonald, President of Taseko, continued, “When in production, Florence Copper will produce 85 million pounds of copper annually at US$1.13 per pound C1 cash costs over its 20-year mine life. Based on our latest Technical Report, and supported by nearly two years of successful operation of the test facility, the project has an after-tax NPV (8%) of US$680 million at a copper price of US$3.00 per pound. At today’s copper price, the NPV rises dramatically to US$920 million, which is roughly three times our current market capitalization. We have de-risked the project significantly since its acquisition in 2014 and believe we are on the cusp of having one of the best low-cost, fully-permitted and financed copper projects in the world.”

“This state-of-the-art copper production facility will have an environmental footprint smaller than any conventional open-pit or underground mining operation of its size, with water consumption 14 times lower, carbon emissions six times lower and energy consumption three times lower. These attributes make Florence Copper an exceptionally green project which will supply the US domestic market and offset current copper imports,” concluded Mr. Hallbauer.

The Florence Copper NI 43-101 technical report is available on www.sedar.com or the Company’s website at www.tasekomines.com.

Russell Hallbauer

Chief Executive Officer and Director

No regulatory authority has approved or disapproved of the information contained in this news release.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This document contains “forward-looking statements” that were based on Taseko’s expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “outlook”, “anticipate”, “project”, “target”, “believe”, “estimate”, “expect”, “intend”, “should” and similar expressions.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These included but are not limited to:

• uncertainties about the effect of COVID-19 and the response of local, provincial, federal and international governments to the threat of COVID-19 on our operations (including our suppliers, customers, supply chain, employees and contractors) and economic conditions generally and in particular with respect to the demand for copper and other metals we produce;
• uncertainties and costs related to the Company’s exploration and development activities, such as those associated with continuity of mineralization or determining whether mineral resources or reserves exist on a property;
• uncertainties related to the accuracy of our estimates of mineral reserves, mineral resources, production rates and timing of production, future production and future cash and total costs of production and milling;
• uncertainties related to feasibility studies that provide estimates of expected or anticipated costs, expenditures and economic returns from a mining project;
• uncertainties related to the ability to obtain necessary licenses permits for development projects and project delays due to third party opposition;
• uncertainties related to unexpected judicial or regulatory proceedings;
• changes in, and the effects of, the laws, regulations and government policies affecting our exploration and development activities and mining operations, particularly laws, regulations and policies;
• changes in general economic conditions, the financial markets and in the demand and market price for copper, gold and other minerals and commodities, such as diesel fuel, steel, concrete, electricity and other forms of energy, mining equipment, and fluctuations in exchange rates, particularly with respect to the value of the U.S. dollar and Canadian dollar, and the continued availability of capital and financing;
• the effects of forward selling instruments to protect against fluctuations in copper prices and exchange rate movements and the risks of counterparty defaults, and mark to market risk;
• the risk of inadequate insurance or inability to obtain insurance to cover mining risks;
• the risk of loss of key employees; the risk of changes in accounting policies and methods we use to report our financial condition, including uncertainties associated with critical accounting assumptions and estimates;
• environmental issues and liabilities associated with mining including processing and stock piling ore; and
• labour strikes, work stoppages, or other interruptions to, or difficulties in, the employment of labour in markets in which we operate mines, or environmental hazards, industrial accidents or other events or occurrences, including third party interference that interrupt the production of minerals in our mines.

For further information on Taseko, investors should review the Company’s annual Form 40-F filing with the United States Securities and Exchange Commission www.sec.gov and home jurisdiction filings that are available at www.sedar.com, including the “Risk Factors” included in our Annual Information Form.

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SOURCE Taseko Mines Limited