Applied sciences

Profound Medical Announces Second Quarter 2020 Financial Results

Thursday, August 6, 2020 - 9:02pm

TORONTO, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (Profound or the Company), the only company to provide customizable, incision-free therapies which combine real-time Magnetic Resonance Imaging (MRI), thermal ultrasound and closed-loop temperature feedback control for the radiation-free ablation of diseased tissue, today reported financial results for the second quarter ended June 30, 2020, and provided an update on its operations.

Key Points: 
  • TORONTO, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (Profound or the Company), the only company to provide customizable, incision-free therapies which combine real-time Magnetic Resonance Imaging (MRI), thermal ultrasound and closed-loop temperature feedback control for the radiation-free ablation of diseased tissue, today reported financial results for the second quarter ended June 30, 2020, and provided an update on its operations.
  • On April 3, 2020, Profound launched a TULSA procedure website, www.tulsaprocedure.com , as a resource for patients with prostate disease.
  • Second quarter 2020 revenue increased approximately 148% from $574,109 in the same three-month period a year ago.
  • Profound Medical is pleased to invite all interested parties to participate in a conference call today, August 6, 2020, at 4:30 pm ET during which time the results will be discussed.

Surna Announces Largest Contract in its History

Thursday, August 6, 2020 - 2:15pm

The project in Illinois is for a multi-state operator with whom Surna has worked on previous facilities in other states.

Key Points: 
  • The project in Illinois is for a multi-state operator with whom Surna has worked on previous facilities in other states.
  • Surna is under contract to provide a full suite of climate control products and technologies for the cultivation and processing spaces (the mechanical engineering design was done by Surna through a previous contract), supply of major mechanical equipment, SentryIQ environmental controls, and system start-up.
  • The design has integrated dehumidification, in which Surna is providing its proprietary line of multi-function fan coils, destratification fans, dehumidifiers and heat recovery chillers.
  • Tony McDonald, CEO commented: The team at Surna has worked diligently to secure the largest single contract in the Companys history.

RSNA, ACR and AAPM to Develop Massive Open-Source COVID-19 Medical Image Database through NIBIB contract with the University of Chicago

Wednesday, August 5, 2020 - 6:45pm

"The MIDRC database will provide a critical tool to help the medical imaging community, doctors and scientists better understand COVID-19 and its biological effects on humans.

Key Points: 
  • "The MIDRC database will provide a critical tool to help the medical imaging community, doctors and scientists better understand COVID-19 and its biological effects on humans.
  • This knowledge, and the technological advancements the registry can enable, will ultimately help providers save lives," said Etta Pisano, MD, ACR chief research officer.
  • The mission of the AAPM is to advance medicine through excellence in the science, education and professional practice of medical physics.
  • Currently, the AAPM represents over 9,000 medical physicists in over 96 countries.

Modular Chillers Market Size Worth $3.93 Billion By 2027 | CAGR: 6.0%: Grand View Research, Inc.

Wednesday, August 5, 2020 - 8:35am

SAN FRANCISCO, Aug. 5, 2020 /PRNewswire/ -- The global modular chillers market size is expected to reach USD 3.93 billionby 2027, exhibiting a CAGRof6.0% during the forecast period, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, Aug. 5, 2020 /PRNewswire/ -- The global modular chillers market size is expected to reach USD 3.93 billionby 2027, exhibiting a CAGRof6.0% during the forecast period, according to a new report by Grand View Research, Inc.
  • Rising awareness regarding environment-friendly construction products coupled with modular chillers' compliance with ASHRAE Standard 15 mechanical ventilation standards is expected to drive the growth.
  • Supply chain disruptions coupled with low modular chillers demand are expected to limit market growth in 2020.
  • Grand View Research has segmented the global modular chillers market on the basis of product, end-use, and region:
    Modular Chillers Product Outlook (Revenue, USD Million, 2016 - 2027)

Modular Chillers Market Size Worth $3.93 Billion By 2027 | CAGR: 6.0%: Grand View Research, Inc.

Wednesday, August 5, 2020 - 8:35am

SAN FRANCISCO, Aug. 5, 2020 /PRNewswire/ -- The global modular chillers market size is expected to reach USD 3.93 billionby 2027, exhibiting a CAGRof6.0% during the forecast period, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, Aug. 5, 2020 /PRNewswire/ -- The global modular chillers market size is expected to reach USD 3.93 billionby 2027, exhibiting a CAGRof6.0% during the forecast period, according to a new report by Grand View Research, Inc.
  • Rising awareness regarding environment-friendly construction products coupled with modular chillers' compliance with ASHRAE Standard 15 mechanical ventilation standards is expected to drive the growth.
  • Supply chain disruptions coupled with low modular chillers demand are expected to limit market growth in 2020.
  • Grand View Research has segmented the global modular chillers market on the basis of product, end-use, and region:
    Modular Chillers Product Outlook (Revenue, USD Million, 2016 - 2027)

Center for Diagnostic Imaging Restructures Leadership Team

Wednesday, August 5, 2020 - 8:00pm

MINNEAPOLIS, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Center for Diagnostic Imaging (CDI), one of the nations leading outpatient diagnostic imaging providers, has announced a restructure of its senior leadership team to meet growing demand and expansion of its industry-leading diagnostic imaging platform.

Key Points: 
  • MINNEAPOLIS, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Center for Diagnostic Imaging (CDI), one of the nations leading outpatient diagnostic imaging providers, has announced a restructure of its senior leadership team to meet growing demand and expansion of its industry-leading diagnostic imaging platform.
  • Cherney has been a part of CDIs operational leadership team for more than 10 years, most recently as a SVP/GM of Operations.
  • Prior to that, he was a General Manager for GEs diagnostic imaging business in the U.S.
  • About Center for Diagnostic Imaging (CDI): CDI is one of the nation's leading providers of high-quality diagnostic imaging and interventional radiology services through its network of imaging centers, ambulatory surgery centers, and mobile imaging solutions.

Yield10 Bioscience Announces Spring Planting of 50 Acres of Wild-Type Spring Camelina to Support Business Development Plans

Wednesday, August 5, 2020 - 1:30pm

This is a business development activity necessary to gain experience in establishing the value chain for producing Camelina sativa seed at large scale as a source of new crop products.

Key Points: 
  • This is a business development activity necessary to gain experience in establishing the value chain for producing Camelina sativa seed at large scale as a source of new crop products.
  • The successful establishment of spring Camelina at the 50 acre scale is a significant milestone for Yield10 as we continue to advance our business plan for developing Camelina seed products, said Oliver Peoples, Ph.D., President and Chief Executive Officer of Yield10 Bioscience.
  • Yield10 Bioscience, Inc. is an agricultural bioscience company developing crop innovations to improve crop yields and enhance sustainable global food security.
  • Yield10 assumes no obligation to update any forward-looking information contained in this press release or with respect to the matters described herein.

Mile High Labs Raises Series B Equity Financing, Readies for Global CPG Partnerships

Tuesday, August 4, 2020 - 11:19pm

BROOMFIELD, Colorado, Aug. 4, 2020 /PRNewswire/ -- Mile High Labs, a leading processer of hemp-derived cannabinoids, announced the close of a Series B equity financing round from renowned American entrepreneur John Paul DeJoria.

Key Points: 
  • BROOMFIELD, Colorado, Aug. 4, 2020 /PRNewswire/ -- Mile High Labs, a leading processer of hemp-derived cannabinoids, announced the close of a Series B equity financing round from renowned American entrepreneur John Paul DeJoria.
  • "The first wave of mainstay consumer companies are already preparing to launch CBD products," said Jon Hilley, newly-appointed Chief Executive Officer of Mile High Labs.
  • For the past year, Mile High Labs has been working with leading consumer packaged goods companies to launch pilot CBD products.
  • In June 2020, Mile High Labs became the supplier to Ocean Spray Cranberries, Inc.'s CarryOn sparkling water beverages.

Mile High Labs Raises Series B Equity Financing, Readies for Global CPG Partnerships

Tuesday, August 4, 2020 - 11:17pm

BROOMFIELD, Colorado, Aug. 4, 2020 /PRNewswire/ -- Mile High Labs, a leading processer of hemp-derived cannabinoids, announced the close of a Series B equity financing round from renowned American entrepreneur John Paul DeJoria.

Key Points: 
  • BROOMFIELD, Colorado, Aug. 4, 2020 /PRNewswire/ -- Mile High Labs, a leading processer of hemp-derived cannabinoids, announced the close of a Series B equity financing round from renowned American entrepreneur John Paul DeJoria.
  • "The first wave of mainstay consumer companies are already preparing to launch CBD products," said Jon Hilley, newly-appointed Chief Executive Officer of Mile High Labs.
  • For the past year, Mile High Labs has been working with leading consumer packaged goods companies to launch pilot CBD products.
  • In June 2020, Mile High Labs became the supplier to Ocean Spray Cranberries, Inc.'s CarryOn sparkling water beverages.

Limbach Holdings Issues Statement in Response to Amended 13D Filing; Company to Report Profitable Operations for Its Second Quarter Ended June 30, 2020

Tuesday, August 4, 2020 - 2:00pm

Founded in 1901, Limbach is the 12th largest mechanical systems solutions firm in the United States as determined by Engineering News Record.

Key Points: 
  • Founded in 1901, Limbach is the 12th largest mechanical systems solutions firm in the United States as determined by Engineering News Record.
  • Limbach provides building infrastructure services, with an expertise in the design, installation and maintenance of HVAC and mechanical, electrical, and plumbing systems for a diversified group of commercial and institutional building owners.
  • Limbach employs more than 1,500 employees in 22 offices throughout the United States.
  • We make forward-looking statements in this press release within the meaning of the Private Securities Litigation Reform Act of 1995.