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Polygiene launching improved ViralOff technology with lifetime of garment washability

PR Newswire

STOCKHOLM, Nov. 16, 2020 /PRNewswire/ — Polygiene is launching its newly developed formula of ViralOff® with lifetime of garment washability1, proving performance against SARS-CoV-2 with over 99% reduction of microbes in the material within two hours2. This also results in longer lasting products, which means a reduced impact on the environment. The new formula is being applied by a number of partners as we speak and is ready for high volume deliveries in January 2021.

“There has been some confusion in the market as claims to washability wrongly rely on tests that are not antiviral, but rather antibacterial. We have therefore developed a treatment that provides an antiviral effect according to global test standard ISO18184:2019 (Determination of antiviral activity of textile products) and really meets the antimicrobial and antiviral claims that we make”, says Daniel Röme. Chief Technology Innovation Officer at Polygiene.

“Demand has been high from the fashion and lifestyle segments for an improved formula of Polygiene ViralOff that will have lifetime washability with a maintained high level of viral reduction. As the pandemic has evolved, there seems to be a consensus on the fact that antimicrobial materials will be the `new normal’ in products such as garments, bags, often-touched items, cleaning and home products and more, going forward. This regardless of the number of vaccines that are being developed, which we hope will put a stop to or slow down this global pandemic. I believe that when the world is re-opening, this feature will be highly valued by many people”, concludes Ulrika Björk, CEO Polygiene.

We still believe that fewer washes are always a good thing. However, we also want to make sure that products that need to be washed, keep their effectiveness, get an extended lifetime and are not thrown away too early.

Polygiene ViralOff® is an antimicrobial treatment added to textiles and other products to protect the treated article itself from contamination and is not intended to cure or prevent diseases. 

1 Lifetime of garment washability is set to 30 washes.

2 Polygiene ViralOff® is proven to reduce tested viruses by over 99% on the material within two hours as per international standard test ISO18184:2019 on SARS-CoV-2. Washing made according to standard BS EN ISO 105-C08 (polyester).

Press contact: Ulrika Björk, [email protected], +46 70 921 12 75

For press images, visit
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About Polygiene

As the world leader in stays fresh and odor control technologies, we want to change the way we view clothes – from fast consumables to durables. We treat clothes, home products and textiles to help people stay fresh, wash less and let clothes and products live longer. Over 140 global premium-brands have chosen to use the Polygiene brand with their products. Polygiene is listed on Nasdaq First North Growth Market in Stockholm, Sweden. For more information: www.polygiene.com. Erik Penser Bank AB acts as its Certified Adviser. Phone: +46 8- 463 83 00, e-mail: [email protected].

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SOURCE Polygiene AB

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Cellcom Israel Announces Sharing Network Partner Has Not Made Payment

PR Newswire

NETANYA, Israel, Nov. 16, 2020 /PRNewswire/ — Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the “Company”) announced today that its cellular sharing network partner, Marathon 018 Xfone Ltd., or Xfone, has not paid the monthly payment due October 31, 2020, under the sharing network agreement, or Debt.  

The Company issued a demand for the immediate payment of the Debt to Xfone and intends to act diligently to exercise its rights under the agreement.

At this preliminary stage, the Company cannot assess the implications on the Company’s results.

For additional details regarding the materiality of the network sharing agreement on the Company’s results, see the Company’s 2019 annual report on Form 20-F, dated March 23, 2020, under “Item 3. Risk Factors – Our network sharing agreements consideration constitute a significant portion of our revenues” and Item 4. Information on the Company – B. Business Overview – Networks and Infrastructure – Network sharing agreements”.


About Cellcom Israel

Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services. Cellcom Israel is the largest Israeli cellular provider, providing its cellular subscribers with a broad range of services including cellular telephony, roaming services, text and multimedia messaging, advanced cellular and data services and other value-added services in the areas of  mobile office, data protection etc., based on Cellcom Israel’s technologically advanced infrastructure. The Company operates advanced networks enabling high-speed broadband and advanced multimedia services. Cellcom Israel offers nationwide customer service including telephone customer service, retail stores, and service and sale centers. Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.  Cellcom Israel’s shares are traded both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL). For additional information please visit the Company’s website http://investors.cellcom.co.il.

 



Company Contact

Shai Amsalem
Chief Financial Officer
[email protected]
Tel: +972-52-998-4774



Investor Relations Contact

Elad Levy
Investor Relations Manager
[email protected]
Tel: +972-52-998-4774

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SOURCE Cellcom Israel Ltd.

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51job, Inc. to Report Third Quarter 2020 Financial Results on November 19, 2020

PR Newswire

SHANGHAI, Nov. 16, 2020 /PRNewswire/ — 51job, Inc. (Nasdaq: JOBS) (“51job” or the “Company”), a leading provider of integrated human resource services in China, announced today that it will report its unaudited financial results for the third quarter ended September 30, 2020 after the market closes on Thursday, November 19, 2020.

About 51job

Founded in 1998, 51job is a leading provider of integrated human resource services in China. With a comprehensive suite of HR solutions, 51job meets the needs of enterprises and job seekers through the entire talent management cycle, from initial recruitment to employee retention and career development. The Company’s main online recruitment platforms (http://www.51job.com, http://www.yingjiesheng.com, http://www.51jingying.com, http://www.lagou.com, and http://www.51mdd.com), as well as mobile applications, connect millions of people with employment opportunities every day. 51job also provides a number of other value-added HR services, including business process outsourcing, training, professional assessment, campus recruitment, executive search and compensation analysis. 51job has a call center in Wuhan and a nationwide network of sales and service locations spanning more than 30 cities across China.

Contact
Investor Relations, 51job, Inc.
Tel: +86-21-6879-6250
Email: [email protected]

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SOURCE 51job, Inc.

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First IoT Customer License Contract for Elliptic Labs

First IoT Customer License Contract for Elliptic Labs

Enabling presence detection and 3D touchless gestures for smart refrigerators’ large displays

OSLO, Norway–(BUSINESS WIRE)–
In a groundbreaking announcement marking Elliptic Labs’ (OSE: ELABS-ME) entrance into the IoT market, Elliptic Labs has secured an agreement to license its software to a large Smart Appliance OEM in Asia. The license will allow the OEM to integrate Elliptic Labs’ AI Virtual Smart Sensor technology into their smart refrigerators.

The OEM’s smart refrigerators have large displays used to watch television, shop online, and listen to music. By licensing Elliptic Labs’ AI Virtual Gesture Sensor and AI Virtual Presence Sensor, the OEM will have the ability to add unprecedented contextual awareness, touchless gestures and intelligence to their smart refrigerator interfaces, greatly enhancing the users’ experience.

The AI Virtual Presence Sensor will enable the smart refrigerator’s screen to turn on or off based on user distance, and the AI Virtual Gesture Sensor will enable users to perform in-air touchless gestures to change the recipe they’re reviewing, the music they’re listening to, or scroll through a website they’re visiting. Together, these virtual software sensors will eliminate the need to touch the screen, greatly improving screen cleanliness and increasing user safety by reducing the transmission of germs, food bacteria, and even simple smudges.

“The innovation, power, and value of Elliptic Labs’ Virtual Smart Sensor software is driving strong growth both in our traditional markets and in new verticals, as demonstrated by this agreement,” said Laila Danielsen, CEO of Elliptic Labs. “Leading OEMs understand how vital innovation is to their continued success, which is why they partner with us to strengthen the quality of their user experiences. More and more smart refrigerators have large screens to extend their usability, enabling things like TV viewing, online shopping, and music listening. Bringing our AI Virtual Smart Sensors to these smart refrigerators simplifies and improves how people can unlock these new experiences.”

About Elliptic Labs

Elliptic Labs is headquartered in Norway with presence in the USA, China, South-Korea, and Japan. Founded in 2006 as a research spin-off from Norway’s Oslo University, it is now a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. The Company’s patented AI software combines ultrasound and sensor-fusion algorithms to deliver intuitive 3D gesture, proximity, and presence sensing experiences. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, eco-friendly, and already deployed in over 100 million devices. Elliptic Labs is the only software company in the market that has delivered detection capabilities using AI software, ultrasound and sensor-fusion deployed at scale. Elliptic Labs’ technology and IP are developed in Norway and solely owned by the Company.

PR Contacts:

Patrick Tsui

[email protected]

Investor Relations:

Thor A. Talhaug

[email protected]

KEYWORDS: Norway Europe

INDUSTRY KEYWORDS: Hardware Data Management Consumer Electronics Technology Software

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Fang to Hold 2020 Annual General Meeting on December 21, 2020

PR Newswire

BEIJING, Nov. 16, 2020 /PRNewswire/ — Fang Holdings Limited (NYSE: SFUN) (“Fang” or the “Company”), a leading real estate Internet portal in China, today announced it would hold its 2020 annual general meeting of shareholders at Fang’s Beijing headquarters at Tower A, No. 20 Guogongzhuang Middle Street, Fengtai District, Beijing 100070, People’s Republic of China on December 21, 2020 at 10:00 a.m. (Beijing time). The proposal to be submitted for shareholders’ approval at the annual general meeting is the re-election of Mr. Changming Yan as an independent director of the board of directors of the Company (the “Board”), a member of the audit committee and the compensation committee of the Board, and a member and the chair of the nominating and corporate governance committee of the Board.

The record date (the “Record Date”) for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof has been set as November 20, 2020. Holders of record of the Company’s ordinary shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person.

About Fang

Fang operates a leading real estate Internet portal in China in terms of the number of page views and visitors to its websites. Through its websites, Fang provides primarily marketing, listing, leads generation and financial services for China’s fast-growing real estate and home furnishing and improvement sectors. Its user-friendly websites support active online communities and networks of users seeking information on, and value-added services for, the real estate and home furnishing and improvement sectors in China. Fang currently maintains approximately 74 offices to focus on local market needs and its website and database contains real estate related content covering 665 cities in China. For more information about Fang, please visit http://ir.fang.com.

 

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SOURCE Fang Holdings Limited

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Arçelik Named Industry Leader in the Dow Jones Sustainability Index Once Again

PR Newswire

Arcelik’s ongoing commitment to sustainability has resulted in the company being named an industry leader for the second year running

ISTANBUL, Nov. 16, 2020 /PRNewswire/ — Arçelik has been named the “Industry Leader” in the Durable Home Appliances category for the second year in a row in the Dow Jones Sustainability Index, which evaluates the sustainability performance of the world’s largest companies. It is also the fourth consecutive year that Arçelik is the only Turkish Industrial company to be listed in the DJSI Emerging Markets Category.

Sustainability is one of Arçelik’s top priorities and the company’s ethos is “Respecting the World, Respected Worldwide”. Evaluating the company’s place in the index, Arçelik CEO Hakan Bulgurlu said, “Being selected as the Industry Leader in the Dow Jones Sustainability Index, which represents the gold standard in corporate sustainability, is an important achievement that demonstrates we are on the right track. We are proud of this success we have achieved together with all our employees. We have set an exemplary standard for the companies in our industry to follow. We have become carbon neutral in 2019 and 2020 global production thanks to the “Energy Efficient Refrigerators Carbon Credit Finance Project” in Turkey. Within the scope of the project, at Arçelik, we obtained the right to 305.407 tonnes of VCS (Verified Carbon Standard) carbon credits which have been used to offset our 2019 and 2020 global direct and indirect (Scope 1 and 2) GHG emissions. We plan to invest an additional $50 million in renewable energy and energy efficiency for the future of our planet in the coming years. Together with our brands we will continue to design environmentally friendly products, continue our efforts on energy and water efficient production and implement social projects across the globe, helping combat food waste and encourage healthy living. We are expanding our goals by implementing our sustainability initiatives not only in the environmental field, but also in the social and governance spheres. We will continue to contribute to the protection of our planet and encourage others to live a more sustainable lifestyle.”

Arçelik, which continues to commission pioneering studies into combating climate change, published its 2030 objectives in its 12th Sustainability Report and declared that they will establish a 15 MW renewable energy system in its own production facilities by 2030. Arçelik, which used 100% green electricity in 2019 for its Turkey and Romania operations, aims to use 100% green electricity in all global production facilities by 2030. Besides, Arcelik aims to decrease the energy consumption used to produce each product by 45% by 2030 (compared to 2015 baseline in South Africa, Russia, Turkey, Romania, China, Thailand and Pakistan plants).

Arçelik, Turkey’s first and only industrial company which owns two WEEE (Waste Electrical and Electronic Equipment) Recycling Facilities, achieved 315 GWh energy savings and 6.4 million tons of water savings by replacing old high energy and water consuming products with energy and water efficient products regardless of the brand since 2014. The old products collected from the market are being sent to Arçelik WEEE Recycling Facilities where they are recycled. The saving generated is equivalent to nearly 39 million households’ daily electricity consumption and 7.9 million households daily water consumption. By recycling these waste products, we have prevented approximately 155,000 tons of CO2 emissions.

Notes to editors

Arçelik has featured in the Dow Jones Sustainability Index (DJSI) since 2017. The DJSI evaluates company’s performance in various areas that cover all aspects of sustainability, such as management, financing, supply chain, transparency, human rights and combating climate change. Created by S&P Dow Jones Indices and RobecoSAM, the Dow Jones Sustainability Index selects the most sustainable companies from 61 industries and serves as a reference point for investors who integrate sustainability issues into their portfolios.

About Arçelik

With over 30,000 employees throughout the world, 12 brands (Arçelik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko), sales and marketing offices in 34 countries, and 22 production facilities in 8 countries, Arçelik offers products and services in nearly 150 countries. As Europe’s second largest white goods company according to market share ranking based on quantity, Arçelik reached a consolidated turnover of 5 billion Euros in 2019. With almost 70% of its profits coming from the international markets, Arçelik is the R&D leader in Turkey – holding more than 3,000 international patent applications to date with the efforts of 1,600 researchers in 15 R&D and Design Centers in Turkey and R&D Offices across five countries.

www.arcelikglobal.com

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SOURCE Arçelik

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Liberty Global Named to Dow Jones Sustainability World and North America Indices

Liberty Global Named to Dow Jones Sustainability World and North America Indices

Liberty Global Included in Influential Index of the World’s Most Sustainable Companies

Liberty Global Belgian Subsidiary Telenet Tops Sector List

DENVER, Colorado–(BUSINESS WIRE)–
Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK), one of the world’s leading converged video, broadband and communications companies, has been recognized once again for its commitment to sustainability and corporate responsibility by its inclusion in the prestigious Dow Jones Sustainability World Index for the eighth year, as well as its ninth consecutive year in the North America Index. Liberty Global’s Belgian subsidiary Telenet also appears in the Index and has been named by Dow Jones as the sector leader.

The Dow Jones Sustainability Index ranks the performance of the world’s leading companies in terms of economic, environmental and social criteria. The Index serves as a benchmark for investors integrating sustainability considerations into their portfolios and provides an engagement platform for companies looking to adopt sustainable best practices.

Liberty Global achieved an overall score of 67 points, a two-point increase over last year, placing the company in the 97th percentile and ahead of the Media, Movies and Entertainment sector average of 22 points. In particular, the company was recognized for its performance in Environment Reporting, scoring 100%, and in two key areas in the social dimension, including Human Rights and Talent Attraction and Retention. The company also saw significant improvements in Operational Eco Efficiency.

Liberty Global’s Corporate Responsibility (CR) strategy is built around its Connected Purpose framework, developed to empower positive change through technology. This strategy has led the company to achieve a number of important CR goals, including avoiding over 11,000 metric tons of carbon emissions and helping over half a million people with disabilities get jobs and stay in work through Virgin Media’s partnership with the charity Scope.

Mike Fries, CEO, Liberty Global, comments: “Our inclusion in both the Dow Jones Sustainability World and North America Indices is a testament to our decades-long commitment to operating in an environmentally friendly, sustainable way and to support the communities in the markets in which we operate. I’m especially proud of how Liberty Global and our operating companies have rallied to help our employees and customers meet the extraordinary challenges brought about by the pandemic. The power of connectivity to deliver positive, meaningful change in people’s lives has never been clearer.”

For more information, please see Liberty Global’s Corporate Responsibility Summary Report for 2019.

ABOUT LIBERTY GLOBAL

Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is one of the world’s leading converged video, broadband and communications companies, with operations in six European countries under the consumer brands Virgin Media, Telenet and UPC. We invest in the infrastructure and digital platforms that empower our customers to make the most of the digital revolution. Our substantial scale and commitment to innovation enable us to develop market-leading products delivered through next-generation networks that connect 11 million customers subscribing to 25 million TV, broadband internet and telephony services. We also serve 6 million mobile subscribers and offer WiFi service through millions of access points across our footprint.

In addition, Liberty Global owns 50% of VodafoneZiggo, a joint venture in the Netherlands with 4 million customers subscribing to 10 million fixed-line and 5 million mobile services, as well as significant investments in ITV, All3Media, ITI Neovision, LionsGate, the Formula E racing series and several regional sports networks.

For more information, please visit http://www.libertyglobal.com.

Investor Relations:

Max Adkins +44 20 8483 6336

John Rea +1 303 220 4238

Stefan Halters +44 20 8483 6211

Corporate Communications:

Molly Bruce +1 303 220 4202

Matt Beake +44 20 8483 6428

KEYWORDS: United States North America Colorado

INDUSTRY KEYWORDS: Online Mobile/Wireless Entertainment Mobile Entertainment Internet Consumer Electronics Technology General Entertainment Environment Other Entertainment Audio/Video Other Technology Telecommunications

MEDIA:

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KKR Invests in CMC Machinery to Drive Innovation in Sustainable Packaging

KKR Invests in CMC Machinery to Drive Innovation in Sustainable Packaging

Investment is part of KKR’s Global Impact strategy, helping deliver commercial solutions to significant societal challenges

LONDON–(BUSINESS WIRE)–
Leading global investment firm KKR today announced an investment in CMC Machinery, a manufacturer of automated packaging solutions in Italy. Financial details of the transaction were not disclosed.

Founded in 1980 and headquartered in Città di Castello, CMC Machinery is a premium provider of innovative e-commerce 3D on-demand packaging, using advanced end-of-line technology to improve environmental impact by reducing the consumption of packaging materials. The company is led by the Ponti family and employs a team of approximately 200 based in the Umbria region, specializing in the design and manufacturing of advanced automated packaging solutions for some of the world’s largest retail and logistics companies.

Following KKR’s investment, CMC Machinery will continue to be led by the Ponti family and headquartered in Città di Castello, with Founder Giuseppe Ponti’s sons, Francesco and Lorenzo Ponti, serving as CEO and COO respectively.

The on-demand packaging market has seen strong growth over the past few years in response to the surge in the e-commerce sector as more people around the world shift to purchasing items online, a trend accelerated by the impact of COVID-19. With volumes expected to grow even further, the environmental sustainability of the related activities is a critical area of focus. CMC Machinery’s innovative 3D technology is market-leading, offering sustainability benefits by producing on-demand custom made boxes that fit the product size, resulting in significant reduction of raw material and void filler used.

Giuseppe Ponti, Founder, President and Strategic Business Development Director of CMC Machinery, said: “We are very pleased to have KKR on board as an investor with a shared vision to inspire the future of packaging and e-commerce. With KKR’s support, we are excited to continue on our journey, expanding our operations which will remain firmly rooted in the Umbria region to address an increasingly global market with sustainable packaging solutions.”

Stanislas de Joussineau, Director at KKR and Head of Global Impact in EMEA, said: “CMC Machinery’s market-leading innovation in sustainable packaging aligns well with the objectives of KKR’s mission to invest in companies that are providing solutions to critical challenges. We are excited to have the opportunity to work closely with the Ponti family on this important endeavor to drive innovation and promote sustainability across the global retail sector, particularly at this critical time for the industry as retailers increasingly seek to minimize their impact on the environment.”

Pedro Ramos, Principal at KKR’s Global Impact team in EMEA, said: “CMC Machinery is recognized as a leader in the sector, a testament to the passion and commitment of the Ponti family and their team, who have seen their factories in Città di Castello grow to supply customers around the world. We look forward to supporting them in scaling even further using KKR’s global platform and resources.”

The investment in CMC Machinery is the fourth in Europe by the KKR Global Impact Fund, following investments in MasterD, the leading vocational training company in Spain, The Citation Group, a leading provider of subscription-based HR and Employment law and Health & Safety services to SMEs in the UK, and Viridor, the UK’s leading recycling and responsible waste management company.

KKR Global Impact is focused on identifying and investing behind opportunities where financial performance and societal impact are intrinsically aligned. Specifically, the Fund is focused on generating risk-adjusted returns by investing in companies that contribute measurable progress toward one or more of the United Nations Sustainable Development Goals (“SDGs”). CMC Machinery’s business directly contributes toward SDG #12 (Responsible Consumption and Production) as their innovative packaging solution fits boxes to product size, enabling their e-commerce clients to use less material inputs, reducing waste.

In Italy, KKR has invested over €2.5bn across private equity, infrastructure and other asset classes, with investments including Selecta, MM and Sirti, employing 17,000 people across its portfolio companies. The firm has a long track record of working with entrepreneurial owners and founder-backed businesses across Europe, supporting these companies with the next stage of their growth ambitions by providing financial and operational expertise as well as access to KKR’s global network and resources.

-ends-

About CMC Machinery

Based in Città di Castello, Italy, CMC Spa is a privately held company that designs, manufactures and supports the most innovative and disruptive technology for the mailing, graphic arts, ecommerce and logistics industry. Founded in 1980, the company has focused on strategies to retain customers becoming their sole supplier for technology, service, parts and professional technical training. CMC has always been on track to timely respond to the ever-changing market requirements with creative design engineering and bespoke solutions. With the ecommerce surge reshaping the parcel industry, today CMC is helping retailers and logistics company to optimise their fulfilment process and deliver sustainable, strong, highly personalised and safe boxes through the much acclaimed and multi award winning CMC 3D right sizing packaging technology. For additional information about CMC please visit CMC’s website at www.cmcmachinery.com

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

Media:

KKR: Italy

Pasquo Cicchini

Community Group

[email protected]

KKR: International

Alastair Elwen / Alice Neave

Finsbury

+44 (0)20 7251 3801

[email protected]

KEYWORDS: Europe United Kingdom Italy

INDUSTRY KEYWORDS: Packaging Professional Services Manufacturing Finance

MEDIA:

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Mexus Gives An Update On New Heap Leach Pad At Its Santa Elena Mine

CABORCA, Mexico, Nov. 16, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has completed phase 1 of its new heap leach pad. The 250,000 ton pad, which is expandable to 1,000,000 tons, will have crushed mineralized material placed beginning 11/17. This material, averaging 2.7 Gpt Au, should begin leaching by 11/21. The company is looking for a return of .6 Gpt Au in solution. Start up flow at 10.5 liters per second is expected to return approximately 17.5 oz Au per 24 hour cycle. Mexus is targeting 12/1 to meet this goal.

Mexus President, Paul Thompson Sr., stated that it has taken several months to determine the extent of the contamination to the original heap leach pad done by the previous operator. The prior operator introduced salt and other chemicals to the entire leaching operation. The company has found silver chloride throughout the pad, ponds, and filter system. As previously noted, Mexus decided to remove the material from the entire leach pad. In addition, the company has drained and cleaned the pregnant and barren ponds along with a clean out of the water system and filters. Initially, the company had prepared one small leach pad area which successfully produced 134 oz. of gold in three weeks. Management believed that this plan could work over the whole pad avoiding the silver chloride areas. Unfortunately, this proved to be too timely and costly. Removing all traces of silver chloride from the gold production circuit is allowing Mexus to move forward with a more precise mining operation. The company is scheduled to begin blast hole drilling on 11/18 with a new round of blasting occurring by 12/8. This will expand the company’s pit no. 2 by approximately 1741 oz. Au at 2.7 Gpt.

About Mexus Gold US

Mexus Gold US is an American based mining company with holdings in Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the property. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.

For more information on Mexus Gold US, visit www.mexusgoldus.com.

Mexus Gold US (775) 721-9960 Paul Thompson Sr

Cautionary Statement

Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company’s future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company’s partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.



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SMTC Corporation to Manufacture Aura V Ventilators in Battle to Combat COVID-19

TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that the Company will produce Aura V ventilators for its customer IPM Chirana.

“With the number of COVID-19 cases continuing to rise, we are pleased that we are able to draw on experience in building complex equipment that will perform in critical situations to support the medical community in combatting COVID-19 by manufacturing IPM Chirana’s Aura V ICU ventilators,” said Ed Smith, SMTC Corporation’s President and Chief Executive Officer.

“We selected SMTC to manufacture our Aura V critical care ventilators because of their reputation for quality, customer responsiveness and ability to quickly bring complex medical equipment to market,” said Bud Reeves, IPM Chirana’s CEO.

The Aura V ventilator is designed for use in intensive care units to support and protect the patient’s lungs while providing critical information to caregivers. SMTC plans to manufacture IPM Chirana ventilators at its 58,000 square foot facility in Boston, which has earned a number of industry certifications, including ISO-9001, ISO-13485, AS9100, IPC-610, Class II & Class III and is RoHS compliant.

Forward-Looking Statements

The statements contained in this release that are not purely historical are forward-looking statements, which involve risk and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. These statements may be identified by their use of forward looking terminology such as “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other and similar words, and include, but are not limited to, statements regarding the location of manufacturing for and the financial results related to, the customer relationship referenced above, and certain of its noted certified quality standards. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company’s control, and that future events and results may vary substantially from what the Company currently foresees. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. There are many factors, risks and uncertainties that could cause actual results to differ materially from those predicted or projected in forward-looking statements, such as modification or termination of the applicable customer orders, the success and timing of ramping, availability and timing and receipt of critical parts or components, demand from ultimate customers, as well as other risks and uncertainties detailed from time to time in the Company’s various SEC filings, including its annual report on Form 10-K, Form 10-Q and on subsequent reports on Form 8-K. The forward-looking statements contained in this release are made as of the date hereof and SMTC assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements.

About IPM
Chirana

IPM Chirana is a global provider of life-changing medical technologies based in Research Triangle Park, North Carolina, with a manufacturing facility in Boston, Massachusetts. Led by knowledgeable leaders in respiratory care, IPM Chirana is focused on offering the Aura V ventilator’s unique capabilities globally. Through its unwavering commitment, IPM Chirana empowers and guides healthcare providers in their quest to improve and protect the health, safety and quality of life for patients around the world. Through its collaboration and unified efforts, IPM Chirana invests its resources to nurture and advance knowledge and the adoption of evidence-based, reliable and robust innovation.

About SMTC

SMTC Corporation was founded in 1985 and acquired MC Assembly Holdings, Inc. in November 2018. SMTC has more than 50 manufacturing and assembly lines in the United States and Mexico which creates a powerful low-to-medium volume, high-mix, end-to-end global electronics manufacturing services (EMS) provider. With local support and expanded manufacturing capabilities globally, including fully integrated contract manufacturing services with a focus on global original equipment manufacturers and emerging technology companies, including those in the Avionics, Aerospace and Defense, Industrial IoT, Power and Clean Technology, Medical and Safety, Retail and Payment Systems, Semiconductors, Telecom, Networking and Communications, and Test and Measurement industries. As a mid-size provider of end-to-end EMS, SMTC provides printed circuit board assembly production, systems integration and comprehensive testing services, enclosure fabrication, as well as product design, and sustaining engineering and supply chain management services. SMTC services extend over the entire electronic product life cycle from the development and introduction of new products through to the growth, maturity and end-of-life phases. For further information on SMTC Corporation, please visit our website at www.smtc.com.

Investor
Relations Contact

Peter Seltzberg
Managing Director
Darrow Associates, Inc.
516-419-9915
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00884039-36d5-4cb1-89bd-861250f96981