Market Newsdesk

Jacksonville, FL, Nov. 16, 2020 (GLOBE NEWSWIRE) — Global Warming Solution Inc., (OTC MARKETS: GWSO), is pleased to announce that effective today, three new members were added to it’s Advisory Committee. Prof. Robert F. Waters, Ph.D., Del Bentz M.S. and Bret W. Rawson brings decades of valuable leadership to Global Warming Solutions, Inc. 

About Prof. Robert F. Waters

Prof. Robert F. Waters, Ph.D. is a senior research professor at Arizona State University Biodesign Institute. He is co-developer of many successful anti-cancer and anti-viral treatments. His research includes focus in genomics, anti-virals, diabetes, cancer, artificial intelligence, and mathematics. He also continues to be published in major journals, and attends speaking engagements regularly.

Prof. Robert F. Waters is a current member of the Mathematical Association of America, and the American College of Medical Genetics (Emeritus Status).

Service in Organizations

• Kansas State University working on DNA Hybridization techniques
• CYMMYT (Mexico) under the auspices of Nobel Prize Laureate, Prof. Norman E. Borlaug.
• CAPLAMAR (Mexico City), CIA (Langley), British Petroleum (London), and Tyndall AFB (Florida), working on CIS WAN communications.
• Worked with the State of Arizona on the “Seatbelt Coalition,” and Arizona State Educational statistics issues.
• 20 years in medical schools, and continues to teach Medical Biochemistry, Medical Genetics, and Biostatistics.

About Del Bentz M.S.

Del Bentz is the first engineer to have developed a unique feedback control system that achieves high-speed robotic movement with precise control and has won a national award for innovation in controls. He worked as an engineer in the space industry, and helped in developing the most efficient brushless DC motor of its time.

Del Bentz is one of several researchers who discovered a new method of processing an ancient plant material into soil stimulating products. This has formulated health products for both animals, and humans that can also be utilized as nontoxic natural pest control products for humans, crops, animals, and fish. These products have been granted several patents and national awards for innovative product and design.

His other accomplishments include:

• Development of new product lines for wastewater, plants and soil, which has shown to out perform all current known products of its type. (This is currently being introduced around the world).
• Proven water savings up to 40% in desert conditions with the Salt River Project 1/2.
• Developed products to provide plant minerals for human health. Developed the technology for the extraction of ancient plant material from a compound called Fulvic acid known as the “miracle molecule of health.”
• Currently working with innovative products for aqua-culture for the extraction of sea lice on salmon. Awarded a patent for the formulation of this product. This product has been proven to out perform all other current products on the market (waiting for a government license to market this to the fish industry).
• Developed a nontoxic product for head lice on children. Tested successfully and currently used by doctors and nurses in homeless shelters around the Phoenix (Arizona)  area.
• Currently developing the Ballast Water Treatment system for the sterilization of ballast water. Jointly patented this process using a new mechanism for the destruction of bacteria, viruses, and spores for the use in water sterilization. (The UN has mandated that all seawater used as ballast, must meet certain water standards so that no cross contamination can occur). This patented technology is the lowest cost system on the market at this time.. Waiting for funding to finish product testing.
• Developing a passive water sterilization system to produce biologic free fresh water for people who live in 3^rd world countries.

About
Bret W. Rawson

Bret Rawson is a General Counsel for the Utah Fraternal Order of Police, that represents more than 4,000 law enforcement officers and is a subordinate lodge of the largest police fraternal organization in the United States, the National Fraternal Order of Police, with membership exceeding 350,000.

Mr. Rawson is also a Board Member of the Wounded Blue, a non-profit organization aimed at supporting catastrophically-injured law enforcement officers.

Mr. Rawson’s practice focuses on police concerns that include administrative matters regarding Peace Officer Standards and Training (POST) as well as internal affairs and officer-involved critical incidents.

Mr. Rawson is also a reserve police officer at a local Utah municipality. Mr. Rawson holds a JD from the Marshall-Wythe School of Law at the College of William & Mary in Virginia, and a master’s degree in mass communication from Brigham Young University in Provo, Utah.

“I couldn’t be more pleased to have so much talent under one roof to guide the company’s success. We are very thrilled to welcome Prof. Waters, Dr. Bentz and Mr. Rawson.” said Vladimir Vasilenko, Chief Executive Officer of Global Warming Solutions. “Their professional background and expertise will be an integral part of our projects.”

‘We will be announcing more great minded advisors to join the committee as well as key management shortly. Based on the high demand for the company’s products, we will also be adding a sales force  to ensure growth.”
As related to financial aspects, we expect to receive a clearance to file the company’s audited financials within the next 24 hours.” concluded Vladimir Vasilenko.

To learn more about Global Warming Solutions, Inc. Visit: http://www.gwsogroup.com

Forward-Looking Statements

This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: potential, expect, look forward, believe, dedicated, building, or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC) available at www.sec.gov and on the Company’s website at https://www.gwsogroup.com.

Contact:
Vladimir Vasilenko
CEO
Global Warming Solutions, Inc.
[email protected]

MOUNTAIN VIEW, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) — The COVID-19 pandemic has Americans reevaluating everything from holiday shopping and health insurance, to whether they will see family in person for Thanksgiving according to a new healthinsurance.com national survey conducted by Scott Rasmussen.

Key Takeaways:

• 41% are experiencing “pandemic fatigue;”
• 59% plan to spend Thanksgiving in person with their family;
• 78% are more likely to support small businesses and buy local this year;
• 40% plan to spend less on gifts this year compared to other years;
• 63% would pay less, if they could change one thing about their current health insurance plan.

ENGAGING IN OPEN ENROLLMENT 2020

As open enrollment is underway from now until December 15th, 83% say they are happy with their current health insurance coverage, yet 50% are exploring their options. 28% of those surveyed said they are likely to change their coverage this open enrollment period with an additional 22% admitting they are still undecided. Of the 17% that aren’t happy with their current coverage, 55% say it’s because not enough benefits are covered.

When asked if there was one thing respondents would change about their current health insurance, 63% cited cost issues:

• 30% said lower premiums;
• 26% more coverage and benefits;
• 16% lower deductibles;
• 11% doctor networks;
• 10% lower copays;
• 7% prescription drug costs.

PANDEMIC PAUSING ONLY SOME IN-PERSON HOLIDAY PLANS

The COVID-19 pandemic is taking an emotional toll on many Americans; 4 in 10 say they are experiencing “pandemic fatigue.” When asked about attending in-person gatherings of close friends and family right now, 63% said they are comfortable. Which is in line with the 59% who said they intend on spending Thanksgiving in person with their family. Of the 41% who said no or still unsure about their Thanksgiving plans, the reasons were:

• 50% COVID-19 concerns;
• 12% COVID-19 travel restrictions;
• 7% are using COVID-19 as an excuse so they don’t have to talk politics with relatives;
• 30% said it’s because they rarely spend time with family.

Additionally, some are having a techie turkey day dinner, 20% are planning a virtual Thanksgiving dinner.

HOLIDAY SHOPPING TRENDS DURING A HEALTH PANDEMIC

The pandemic is influencing shopping behavior heading into the holiday season. Getting into the holiday spirit, 78% say they are more likely to support small businesses and buy local this year. 57% don’t plan to shop in person on Black Friday this year, with an additional 16% still undecided. 35% said they plan to shop only online this holiday season, while 47% are planning to do a combo of online and in person shopping. Unfortunately it’s not all joyful finding: 40% say they plan to spend less on gifts this year compared to other years.

For the entire survey results click here

METHODOLOGY:

The survey of 1,000 Adults was conducted by Scott Rasmussen using a mixed mode approach from November 6-10, 2020. Field work for the survey was conducted by RMG Research, Inc. Most respondents were contacted online or via text while 112 were contacted using automated phone polling techniques. Certain quotas were applied to the overall sample and lightly weighted by geography, gender, age, race, education, and political party to reasonably reflect the nation’s population of Registered Voters. Other variables were reviewed to ensure that the final sample is representative of that population.

ABOUT HEALTHINSURANCE.COM:

Healthinsurance.com combines the nation’s leading health insurance carriers and advanced technology to offer a suite of private insurance solutions and Medicare plan options. In just a few clicks, our website provides consumers the ability to access powerful online comparison tools and educational resources that enable efficient self-guided navigation of available health insurance and Medicare options. For more information, visit www.healthinsurance.com.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/98703a1d-36dd-4575-aa30-0f8421dd3714

For More Information:
Media Contact:
Jennifer Seelig
[email protected] 

Investor Contact:
Benefytt Technologies, Inc.:
Mike DeVries
Chief Financial Officer
[email protected]

Washington, DC, Nov. 15, 2020 (GLOBE NEWSWIRE) —

Public Health Alert
		Congressional and Public Affairs Maria Machuca (202) 720-9113 [email protected]
FSIS ISSUES PUBLIC HEALTH ALERT FOR CHICKEN AND PORK TAMALES CONTAINING FDA-REGULATED DICED TOMATOES IN PUREE THAT HAVE BEEN RECALLED DUE TO POSSIBLE FOREIGN MATTER CONTAMINATION     WASHINGTON, Nov. 15, 2020 – The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert for ready-to-eat (RTE) chicken and pork tamale products containing Food and Drug Administration (FDA) regulated diced tomatoes in puree that have been recalled by the producer, due to concerns that the products may be contaminated with extraneous materials, specifically hard plastic. The hard plastic may pose a choking hazard or cause damage to teeth or gums. FSIS is issuing this public health alert out of the utmost of caution to ensure that consumers are aware that these products, which bear the USDA mark of inspection, should not be consumed.   The frozen RTE chicken and pork tamale items were produced between Oct. 22, 2020 and Nov. 9, 2020 by Tucson Tamale Wholesale Co. LLC, an establishment in Tucson, Ariz.  The following products are subject to the public health alert:   Cases containing eight individually packed tamales with the labels “TUCSON TAMALE GREEN CHILE CHICKEN TAMALE” or “TUCSON TAMALE Green Chile Chicken Tamales” with lot codes F20296 and F20309 and sell by dates of 10/23/22 and 11/05/22. Cases containing six packages with two tamales each of “TUCSON TAMALE GREEN CHILE CHICKEN TAMALES” with lot codes F20309 and F20296 and sell by dates of 10/23/22 and 11/05/22. Cases containing 30 tamales of “TUCSON TAMALE Green Chile Pork & Cheese Tamales” with lot codes F20303 and F20307 and sell by dates of 10/30/22 and 11/03/22. Cases containing eight individually packed tamales of “TUCSON TAMALE GREEN CHILE PORK & CHEESE TAMALE” with lot codes F20307 and F20314 and sell by dates of 11/03/22 and 11/10/22. Cases containing six packages with two tamales each of “TUCSON TAMALE GREEN CHILE PORK & CHEESE TAMALES” with lot codes F20303 and F20307 and sell by dates 10/30/22 and 11/03/22. Packages containing two tamales of “TUCSON TAMALE GREEN CHILE PORK & CHEESE TAMALES” with lot codes F20303, F20307 and F20302 and sell by dates of 10/29/22, 10/30/22 and 11/03/22. Cases containing 30 tamales of “TUCSON TAMALE Green Chile Chicken Tamales” with lot code F20296 and sell by date of 10/23/22.   The products bear establishment number “EST. 45860” inside the USDA mark of inspection. These items were sold online and also shipped to distributors for further distribution to retail locations and restaurants nationwide.   The problem was discovered by Tucson Tamale Wholesale Co. when they identified pieces of hard plastic in the cans of diced tomatoes in puree that they received from their ingredients supplier. The ingredients supplier initiated a recall of the diced tomatoes in puree with the FDA. As more FDA information becomes available, FSIS will update this public health alert.   There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an illness should contact a health care provider.    FSIS is concerned that some product may be in consumers’ freezers. Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.   Consumers and members of the media with questions can contact Sherry Martin, CEO of Tucson Tamale Wholesale Co., at (520) 398-6282.   Consumers with food safety questions can call the toll-free USDA Meat and Poultry Hotline at 1-888-MPHotline (1-888-674-6854) or live chat via Ask USDA from 10 a.m. to 6 p.m. (Eastern Time) Monday through Friday. Consumers can also browse food safety messages at Ask USDA or send a question via email to [email protected]. For consumers that need to report a problem with a meat, poultry, or egg product, the online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at https://foodcomplaint.fsis.usda.gov/eCCF/.
###
NOTE: Access news releases and other information at FSIS’ website at http://www.fsis.usda.gov/recalls. Follow FSIS on Twitter at twitter.com/usdafoodsafety or in Spanish at: twitter.com/usdafoodsafe_es.
USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write: USDA, Director, Office of Civil Rights, 1400 Independence Avenue, SW, Washington, DC 20250-9410 or call (800) 795-3272 (voice), or (202) 720-6382 (TDD).

USDA FSIS
USDA Food Safety and Inspection Service
[email protected]

• DME fiscal Q1 revenue grew 10.4% year-over-year and 5.0% sequentially highlighting the business’ ability to grow despite the negative impact from COVID-19 on new equipment rental set-ups
• DME fiscal Q1 net loss of $0.5 million improved from a net loss of $0.8 million year-over-year while adjusted EBITDA of $2.8 million decreased from $3.0 million primarily reflecting the incremental costs of operating during the pandemic
• Investment Management is poised for growth in AUM, revenue, and earnings following the successful completion of the $31.7 million GECC rights offering

WALTHAM, Mass., Nov. 15, 2020 (GLOBE NEWSWIRE) — Great Elm Capital Group, Inc. (NASDAQ: GEC, “Great Elm”) announced its financial results for the quarter ended September 30, 2020. Great Elm will host a conference call and webcast on Monday, November 16, 2020 at 8:00 a.m. Eastern Time to discuss its first fiscal quarter 2021 financial results. Please see below for details.

Select highlights from the first quarter 2021 include:

• Operating Companies:

▪ For the three months ended September 30, 2020, $14.6 million of revenue, $0.5 million of net loss and $2.8 million of adjusted EBITDA
▪ Having completed significant investments into the platform, DME management is focused on continuing organic growth, driving improved margins, and making add-on acquisitions
▪ New PAP patient setups declined 24.7% year over year but increased sequentially 2.8% as the business recovers from the effects of the COVID-19 pandemic 

• Investment Management:

▪ For the three months ended September 30, 2020, $0.8 million of revenue, net loss of $0.1 million and $0.2 million of adjusted EBITDA
▪ Great Elm Capital Corp. (“GECC”), managed by our wholly owned subsidiary, Great Elm Capital Management, Inc. (“GECM”), raised gross proceeds of $31.7 million through the completion of a rights offering.
▪ GEC purchased approximately 3.0 million shares in the offering for $8.8 million

“We made significant progress toward the achievement of our strategic goals for both our DME and Investment Management businesses during the quarter, ” remarked Peter A. Reed, Great Elm’s Chief Executive Officer. “DME added key management talent, continued to improve operationally and is actively pursuing attractive add-on acquisition opportunities.  For Investment Management, not only will the successful rights offering at GECC enable the pursuit of attractive acquisitions in the specialty finance sector, it enhances GECM’s revenue, earnings and cash flow potential which ultimately benefits our shareholders.”      

Alignment of Interest

The employees and directors of Great Elm and GECM collectively own or manage 7.1 million shares or approximately 27% of Great Elm’s outstanding shares.

FINANCIAL REVIEW: SEGMENT FINANCIALS

As of September 30, 2020, Great Elm had four operating segments: Durable Medical Equipment, Investment Management, Real Estate and General Corporate.

Durable Medical Equipment

Three Months Ended September 30, 2020:

Revenue:

• During the three months ended September 30, 2020, Great Elm recognized $14.6 million in total revenue vs. $13.2 during the same period in the prior year.

Net Income (Loss):

• During the three months ended September 30, 2020, Great Elm recognized a net loss of $0.5 million vs. $0.8 million of net loss during the same period in the prior year.

Adjusted EBITDA:

• During the three months ended September 30, 2020, Great Elm recognized $2.8 million in adjusted EBITDA vs. $3.0 million during the same period in the prior year.

Commentary:

• During the quarter, PAP supply sales remained strong while rental revenues continued to be negatively impacted by suppressed referral pipelines for new equipment set-ups during the pandemic.  We remain intently focused on exploring ways to lower DME’s cost of capital and obtaining additional funds for potential future acquisitions.

Investment Management

Three Months Ended September 30, 2020:

Revenue:

• During the three months ended September 30, 2020, Great Elm recognized total investment management revenue of $0.8 million vs. $0.9 million during the same period in the prior year.

Net Income (Loss):

• During the three months ended September 30, 2020, Great Elm recognized a net loss of $0.11 million vs. a net loss of $0.05 million during the same period in the prior year.

Adjusted EBITDA:

• During the three months ended September 30, 2020, Great Elm recognized adjusted EBITDA of $0.2 million vs. $0.4 million during the same period in the prior year.

Commentary:

• During the quarter, GECC benefitted from strong performance of its specialty finance investments, the redeployment of funds into attractive risk-adjusted opportunities and the rebounding of the valuations of certain of its investments following COVID related volatility in the prior quarter.  Great Elm intends to continue to focus on attractive acquisition opportunities in the specialty finance sector going forward.

Real Estate

Three Months Ended September 30, 2020:

Revenue:

• During the three months ended September 30, 2020, Great Elm recognized $1.3 million in rental revenue vs. $1.3 million during the same period in the prior year.

Net Income (Loss):

• During the three months ended September 30, 2020, Great Elm recognized $0.1 million in net income vs. $0.1 million in net income during the same period in the prior year.

Adjusted EBITDA:

• During the three months ended September 30, 2020, Great Elm recognized $1.1 million in adjusted EBITDA vs. $1.1 million during the same period in the prior year.

Commentary

• Great Elm continues to manage the Fort Myers investment to monetize significant net operating loss carryforwards.

General Corporate

Three Months Ended September 30, 2020:

Revenue:

• During the three months ended September 30, 2020, Great Elm recognized $0.09 million in revenue vs. $0.02 million in revenue during the same period in the prior year.

Net Income (Loss):

• During the three months ended September 30, 2020, Great Elm recognized $3.4 million in net loss vs. net loss of $2.5 million during the same period in the prior year.

Adjusted EBITDA:

• During the three months ended September 30, 2020, Great Elm recognized $(1.1) million in adjusted EBITDA vs. $(1.7) million during the same period in the prior year.

Commentary:

• During the quarter, Great Elm made significant progress on reducing its corporate overhead, driven largely by a reduction in audit cost.  Great Elm intends to continue to focus on reducing its corporate overhead going forward.

Conference Call & Webcast

Great Elm will host a conference call and webcast on Monday, November 16, 2020 at 8:00 a.m. Eastern Time to discuss its first quarter 2021 financial results.

All interested parties are invited to participate in the conference call by dialing +1 (844) 559-0750; international callers should dial +1 (647) 689-5386. Participants should enter the Conference ID 4790827 when asked. For a copy of the slide presentation that will be referenced during the course of our conference call, please visit: https://www.greatelmcap.com/events-and-presentations/default.aspx.

The conference call will be webcast simultaneously at: https://event.on24.com/wcc/r/2625162/1D4EAD6DA2778005450B2AF1E04864A3 [event.on24.com]

About Great Elm Capital Group, Inc.

Great Elm is a publicly-traded holding company that seeks to build a business across two operating verticals: Operating Companies and Investment Management. Great Elm’s website can be found at www.greatelmcap.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements in this press release that are “forward-looking” statements, including statements regarding revenue, adjusted EBITDA, expected growth, profitability, free cash flow and outlook involve risks and uncertainties that may individually or collectively impact the matters described herein. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made and represent Great Elm’s assumptions and expectations in light of currently available information.  These statements involve risks, variables and uncertainties, and Great Elm’s actual performance results may differ from those projected, and any such differences may be material. For information on certain factors that could cause actual events or results to differ materially from Great Elm’s expectations, please see Great Elm’s filings with the SEC, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Additional information relating to Great Elm’s financial position and results of operations is also contained in Great Elm’s annual and quarterly reports filed with the SEC and available for download at its website www.greatelmcap.com or at the SEC website www.sec.gov.

Non-GAAP Financial Measures

The SEC has adopted rules to regulate the use in filings with the SEC, and in public disclosures, of financial measures that are not in accordance with US GAAP, such as adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”). Adjusted EBITDA is derived from methodologies other than in accordance with US GAAP. Great Elm believes that Adjusted EBITDA is an important measure for investors to use in evaluating Great Elm’s businesses. In addition, Great Elm’s management reviews Adjusted EBITDA as they evaluate acquisition opportunities.

Adjusted EBITDA has limitations as an analytical tool, and you should not consider it either in isolation from, or as a substitute for, analyzing Great Elm’s results as reported under US GAAP. Non-GAAP financial measures reported by Great Elm may not be comparable to similarly titled amounts reported by other companies.

Set forth below is a reconciliation of Adjusted EBITDA to the most directly comparable US GAAP financial measure, net income. The information in the table below represents Great Elm’s assumptions and expectations in light of currently available information. Great Elm’s actual performance results may differ from those projected in in the table below, and any such differences may be material.

		For the three months ended September 30, 2020
$ in thousands		DME				Investment Management				Real Estate				General Corporate				Consolidated
EBITDA:
Net income (loss) – GAAP		$	(458	)		$	(107	)		$	67			$	(3,365	)		$	(3,863	)
Interest expense		709				26				650				572				1,957
Depreciation & Amortization		2,211				128				430				–				2,769
Tax expense		–				–				–				99				99
EBITDA		$	2,462			$	47			$	1,147			$	(2,694	)		$	962
Adjusted EBITDA
Stock based compensation		–				194				–				235				429
GECC dividend income		–				–				–				(524		)		(524		)
GECC Unrealized (gains) / losses		–				–				–				1,902				1,902
Other (income) expense		3				–				–				(1		)		2
Transaction and integration costs 2		112				–				–				33				145
Severance		27				–				–				–				27
Location start up expense		54				–				–				–				54
DME management and monitoring fees		116				–				–				(91		)		25
Adjusted EBITDA		$	2,774			$	241			$	1,147			$	(1,140	)		$	3,022

		For the three months ended September 30, 2019
$ in thousands		DME				Investment Management 1				Real Estate				General Corporate				Consolidated
EBITDA:
Net income (loss) – GAAP		$	(819	)		$	(45	)		$	60			$	(2,474	)		$	(3,278	)
Interest expense		996				42				658				–				1,696
Depreciation & Amortization		2,508				179				431				–				3,118
Tax expense		–				–				–				242				242
EBITDA		$	2,685			$	176			$	1,149			$	(2,232	)		$	1,778
Adjusted EBITDA
Stock based compensation		–				175				–				118				293
Change in contingent consideration 2		–				–				–				(195		)		(195		)
Dividend income from GECC		–				–				–				(490		)		(490		)
GECC Unrealized (gains) / losses		–				–				–				983				983
Other (income) expense		(3		)		–				–				–				(3		)
Transaction and integration costs 2		148				–				–				120				268
Severance		2				–				–				–				2
Location start up expense		135				–				–				–				135
DME management and monitoring fees		48				–				–				(23		)		25
Adjusted EBITDA		$	3,015			$	351			$	1,149			$	(1,719	)		$	2,796

(1)		Prior year non-GAAP adjustments have been updated to conform to current year presentation by removing adjustments associated with the adoption of ASC 606 Contracts with Customers.
(2)		Transaction and integration related costs include costs to acquire and integrate acquired businesses.  This also represents change in contingent consideration liability since the initial valuation at the acquisition date.

Media & Investor Contact:

Investor Relations
+1 (617) 375-3006
[email protected]