Daily Archives: May 21, 2020

Colliers International named to IAOP® Global Outsourcing 100 List for 14th consecutive year

Colliers awarded top scores in Customer References, Awards & Certifications, Programs for Innovation and CSR

TORONTO, May 21, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services firm Colliers International Group Inc. (Nasdaq and TSX: CIGI) is pleased to announce that it has been selected for the 2020 Global Outsourcing 100 list by IAOP® for the 14th straight year. Colliers also earned an All Star distinction from IAOP® for receiving top scores in the following major categories: Customer References, Awards & Certifications, Programs for Innovation and Programs for Corporate Social Responsibility.

Colliers earned a perfect Customer Reference score, the single most important factor in a company’s overall score, by creating value and accelerating success for the firm’s clients. Colliers has a proven track record in the global outsourcing industry and is committed to service excellence in the delivery of market-leading expertise to our clients.

“It’s an honour to be recognized for this prestigious distinction from the IAOP,” said John Friedrichsen, COO | Global at Colliers International. “Being named to this list for the 14th straight year is a testament to the best-in class service we provide, as well as strong leadership in areas that really matter to companies’ outsourcing decisions, both of which are synonymous with the Colliers brand and have never been more important.”

The 2020 Global Outsourcing 100 recognizes the world’s best outsourcing service providers and advisors. This list is based on applications received, and judging is based on a rigorous scoring methodology that includes an independent review by an independent panel of IAOP customer members with extensive experience in selecting outsourcing service providers and advisors for their organizations.

“Buyers understand there are hundreds of qualified service providers and advisors out there, but what they need to understand now is what makes each one exceptional,” said IAOP CEO, Debi Hamill. “The Global Outsourcing 100 list has done just that. We’re proud to recognize Colliers International for being among these companies this year.”

About Colliers International

Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.

About IAOP
IAOP is the global association that brings together customers, providers, and advisors in a collaborative, knowledge-based environment that promotes professional and organizational development, recognition, certification, and excellence to improve business service models and outcomes. Our members and affiliates worldwide are digging deep at IAOP conferences, learning at IAOP chapter meetings, getting trained and certified at IAOP courses and workshops, and connecting through IAOP social media, all with one goal: better business results. Whether you are a customer, provider or advisor, new to collaborative business models like outsourcing, or you are an experienced professional, IAOP connects you and your organization to our growing global community and to the resources you need to get the results your company deserves and demands. For more information and how you can become involved, visit www.IAOP.org.

For further information, please contact:

Andrea Cheung
Global Manager, Communications
Andrea.Cheung@colliers.com
(416) 324-6402

Kate Tulloch-Hammond
Director, Media & Communications, IAOP
kate.hammond@IAOP.org
+1.845.452.0600, ext. 122

Radient Technologies Inc. Launches bioU, a Brand of High Quality Cannabis Extract Formulations Exclusively for Medical Cannabis by Shoppers

bioU by Radient

bioU products are scientifically formulated with high quality, broad spectrum cannabis oil and offer precise dosing.

EDMONTON, Alberta, May 21, 2020 (GLOBE NEWSWIRE) — Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a global manufacturer of high quality cannabinoid-based ingredients, formulations and products, is pleased to announce the launch of bioU, a scientifically formulated brand exclusively sold to Medical Cannabis by Shoppers™ (“Shoppers”), a subsidiary of Shoppers Drug Mart Inc., and available across Canada.

Radient’s first products released under the bioU label will be the Uspray series of high quality, scientifically formulated oral cannabis sprays.  bioU Uspray will have three formulations available to consumers on the Medical Cannabis by Shoppers online platform; a THC dominant formula with 30mg/mL of THC and 1 mg/mL of CBD, a CBD dominant formula with 20 mg/mL CBD and 1 mg/mL THC, and a balanced formula with 10 mg/mL THC and 10 mg/mL CBD.  All bioU products have been designed by Radient to retain cannabinoids and terpenes while providing high levels of purity and consistency.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a47c568-48b7-40b2-ad40-cb7d1a08b2a9

“We are very excited to launch this line of products with Medical Cannabis by Shoppers.  This is a key step for the Company in forging a long-term and successful partnership with one of Canada’s most trusted names in retail.  We look forward to broadening our product offering with Shoppers and giving consumers access to the first branded products from Radient,” said Denis Taschuk, Chief Executive Officer, Radient Technologies.

Radient plans on expanding the products available under the bioU brand over the coming months.  The bioU brand will use Radient’s proprietary broad spectrum cannabinoid extracts along with an extensive library of internally developed formulations.  Radient’s unique, continuous-flow extraction process has been proven to achieve a higher recovery of active compounds from the cannabis plant (up to 99%) than other extraction methods. It has lower risk of cannabinoid degradation during processing which allows products to maintain shelf life for a longer period of time, and has a high level of product consistency. Combining its unique extraction technology with stringent quality control systems and decades of botanical ingredient manufacturing experience, Radient produces a variety of broad spectrum cannabinoid formulations, ingredients and products that meet the highest standards of quality and safety.

About Radient
Radient Technologies is a commercial manufacturer of high quality cannabinoid based formulations, ingredients and products. Utilizing a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant, Radient develops specialty products and ingredients that contain a broad range of cannabinoid and terpene profiles while meeting the highest standards of quality and safety. Please visit www.radientinc.com for more information.

SOURCE: Radient Technologies Inc.

For further information please contact: ir@radientinc.com

Forward Looking Information:
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the growth of the Company’s business operations; the construction of the Company’s facilities; the expected throughput capacities at its facilities; the Company’s ability to grow its business in the cannabis sector and the Company’s future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Radient, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although Radient has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Radient does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Sundance Energy Regains Compliance with Nasdaq Continued Listing Standards

DENVER, May 20, 2020 (GLOBE NEWSWIRE) — Sundance Energy Inc. (NASDAQ: SNDE) (“Sundance” or the “Company”) today announced that on May 18, 2020, it received confirmation from the Nasdaq Stock Market LLC (“Nasdaq”) that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) following the filing of its Annual Report on Form 10-K for the year ended December 31, 2019, which was filed with the Securities and Exchange Commission on May 15, 2020.  The letter also confirms that Nasdaq is closing the non-compliance matter.

About Sundance Energy Inc.
Sundance Energy Inc. is an independent energy exploration and production company located in Denver, Colorado. The Company is focused on the acquisition and development of large, repeatable oil and natural gas resource plays in North America. Current activities are focused in the Eagle Ford. A comprehensive overview of the Company can be found on Sundance’s website at www.sundanceenergy.net.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “project,” “believe,” “estimate,” “expect,” “anticipate,” “intend,” “contemplate,” “foresee,” “would,” “could,” “plan,” and similar expressions that are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on management’s current expectations and beliefs concerning future developments and their potential effect on Sundance. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Sundance will be those that are anticipated. Sundance’s forward-looking statements involve significant risks and uncertainties (some of which are beyond Sundance’s control) and assumptions that could cause actual results to differ materially from Sundance’s historical experience and present expectations or projections. These include, but are not limited to, risks or uncertainties associated with our previously completed redomiciliation (including the ability to recognize any benefits therefrom), our ability to file timely our periodic reports, the discovery and development of oil and natural gas reserves, cash flows and liquidity, business and financial strategy, budget, projections and operating results, oil and natural gas prices, amount, nature and timing of capital expenditures, including future development costs, availability and terms of capital and general economic and business conditions, including the impact of the outbreak of COVID-19 coronavirus. You are cautioned not to place undue reliance on forward-looking statements contained in this press release, which speak only as of the date of this press release. Forward-looking statements also are affected by the risk factors described in Sundance’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as may be amended, and those set forth from time-to-time in other filings with the SEC. Sundance undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

For more information, please contact:

John Roberts
VP Finance & Investor Relations
Tel: (720) 638-2400
Eric McCrady
Chief Executive Officer
Tel: (303) 543-5703

Constellation Brands to Present at the 2020 RBC Capital Markets Global Consumer and Retail Virtual Conference on May 27, 2020

VICTOR, N.Y., May 20, 2020 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Garth Hankinson, chief financial officer will present virtually at the 2020 RBC Capital Markets Global Consumer and Retail Virtual Conference on Wednesday, May 27, 2020. The presentation is scheduled to begin at 11:20 a.m. EDT and is primarily expected to cover the company’s strategic business initiatives, financial metrics, and operating performance, as well as outlook for the future.

A live, listen-only webcast of the virtual presentation will be available on the company’s website, which can be accessed at www.cbrands.com, under the Investors/Events & Presentations section. When the presentation begins, financial information discussed in the presentation, and a reconciliation of reported (GAAP) financial measures with comparable or non-GAAP financial measures, will also be available on the company’s website under Investors and by selecting Reporting. For anyone unable to participate in the webcast, a replay will be available on the company’s website through the close of business on June 27, 2020.

ABOUT CONSTELLATION BRANDS
At Constellation Brands (NYSE: STZ and STZ.B), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It’s worth our dedication, hard work, and the bold calculated risks we take to deliver more for our consumers, trade partners, shareholders, and communities in which we live and work. It’s what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Today, we are a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for our high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, and our high-quality premium wine and spirits brands, including the Robert Mondavi Brand Family, Kim Crawford, Meiomi, The Prisoner Brand Family, SVEDKA Vodka, Casa Noble Tequila, and High West Whiskey.

But we won’t stop here. Our visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond. Join us in discovering what’s Worth Reaching For.

To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

MEDIA CONTACTS INVESTOR RELATIONS CONTACTS
Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com
Amy Martin 585-678-7141 / amy.martin@cbrands.com
Patty Yahn-Urlaub 585-678-7483 / patty.yahn-urlaub@cbrands.com
Bob Czudak 585-678-7170 / bob.czudak@cbrands.com

A downloadable PDF copy of this news release enhanced with multimedia links can be found here: http://ml.globenewswire.com/Resource/Download/02cbf1b7-d409-4ef3-be17-6ca5364c6011

OmniSci Records Best Quarter in Company History

OmniSci, the pioneer in accelerated analytics, announced today that the company posted its highest-ever revenue for a quarter, closing deals with major new customers, strengthening key partnerships, and expanding the company’s global reach. OmniSci’s strong Q1 performance provides significant momentum for Q2 and beyond.

Following the company’s expansion into Europe last year, in April, OmniSci expanded into Asia to meet growing global demand for its analytics capabilities. The company brought Joseph (Joe) Lee on board as VP of Global Sales and welcomed Herfini Haryono, former CTIO at PT Telkomsel and CIO at Indosat Ooredoo in Indonesia, to the team as VP of Industry Verticals. These experienced executives and their teams have already signed the first customers in the region and are providing local support to new and existing customers.

The company’s revenue growth was fueled by major wins with new and expansion customers, including Procter & Gamble, HERE Technologies and the utility company Avangrid. OmniSci also announced a deeper partnership with Z by HP to accelerate data-driven workflows and make the Z8 – the world’s most powerful workstation – even more appealing by offering it preloaded with the OmniSci platform, giving data scientists instant access to unprecedented analytics power.

“It’s been incredible to see how leading organizations in both the commercial and public sectors are adopting our platform to gain an analytical edge,” added OmniSci CEO and Co-Founder Todd Mostak. “Whether in telco, retail and CPG, utilities, or government, our customers need speed-of-thought answers from ever-growing volumes of data. The OmniSci accelerated analytics platform empowers them to leverage all of that data with unprecedented agility, and to make better, more timely business decisions than ever possible with legacy tools. We see a tremendous opportunity ahead to expand the market’s idea of what is possible when it comes to analytics, and in the process, help build a more data-driven world.”

“OmniSci’s mission – to make analytics instant, powerful, and effortless for everyone – has never been more relevant. These results show that their technology is meeting that goal,” said Kristina Serafim, Managing Director, Verizon Ventures. “As one of our portfolio companies, we support OmniSci’s mission to find insights in data at the heart of the most pressing challenges.”

In OmniSci’s first quarter, the company also engaged in the public fight against COVID-19, providing their platform to research teams across the country through the OmniSci for Good program. Every federal, state and local government is working to cope with COVID-19 and the massive amounts of data involved, and OmniSci helps these organizations make smarter, data driven decisions. Working closely with data partners including X-Mode, SafeGraph, and Veraset, OmniSci showcased through blogs and videos how data can be used to address the core challenges of the next phase of the COVID-19 fight, including hotspot detection, social distancing, and logistics.

Demand within OmniSci’s community of developers, researchers and users also grew in the first quarter. When the virus outbreak made in-person events and conferences unsafe, the OmniSci team pulled together two virtual summits on short notice, to keep their active community well connected. These virtual events included dozens of hours of fresh content, and were attended by more than 1,000 people. The next virtual summit is scheduled for May 19-20, 2020, featuring more new demos, webinars and on-demand sessions.

“OmniSci is growing quickly and globally by delivering strong business outcomes for our clients,” said Joe Lee. “We are committed to continuing to bring the best solution and support to our clients while we continue our global expansion. We have a unique solution for interactive geospatial analytics that is very valuable in the telecommunications industry, and plugs a significant gap in current big data environments.”

About OmniSci

OmniSci is the pioneer in accelerated analytics. The OmniSci platform is used in business and government to find insights in data beyond the limits of mainstream analytics tools. Harnessing the massive parallelism of modern CPU and GPU hardware, the platform is available in the cloud and on-premise. OmniSci originated from research at Harvard and MIT Computer Science and Artificial Intelligence Laboratory (CSAIL). OmniSci is funded by GV, In-Q-Tel, New Enterprise Associates (NEA), NVIDIA, Tiger Global Management, Vanedge Capital and Verizon Ventures. The company is headquartered in San Francisco. Learn more about OmniSci at www.omnisci.com.

 

Source: Antara News