EGL

Attain Capital Announces New Operating Partner, Paul Strasser

Retrieved on: 
Monday, January 29, 2024

MCLEAN, Va., Jan. 29, 2024 /PRNewswire/ -- Attain Capital, a private equity firm focused on investing in companies delivering high-value, technology-enabled solutions and services to government and education clients, announced that Paul Strasser, a recognized leader in the information technology and management consulting industries, will join the firm as an Operating Partner. In this role, Strasser will help identify new investment opportunities and drive value creation across Attain Capital's US Federal Government investments.

Key Points: 
  • Paul Strasser will drive value creation across Attain Capital's US Federal Government investments.
  • "It is an honor to welcome Paul to the Attain Capital team as an Operating Partner," said Greg Baroni, Founder and Managing Partner of Attain Capital.
  • "I join Greg in welcoming Paul to our business," said Ted Davies, Managing Partner, Government, of Attain Capital.
  • "When Greg Baroni and Ted Davies approached me about joining the high caliber Attain Capital team, I immediately knew it would be a great opportunity to make a difference with companies operating in the government and education markets, and their operator-centric investment approach resonated," said Paul Strasser, Operating Partner, Attain Capital.

Adamas One Corp Announces Initial Delivery of Lab-Grown Colorless Diamonds

Retrieved on: 
Thursday, November 2, 2023

SCOTTSDALE, Ariz., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Adamas One Corp. (Nasdaq: JEWL) (“Adamas One,” “Adamas” or the “Company”), The Original Lab-Grown Diamond Company™, a high-tech company that leverages proprietary technology to produce high-quality, single-crystal, Lab-Grown Diamonds for jewelry and diamond materials for industrial uses, announces the initial delivery of colorless diamonds.

Key Points: 
  • SCOTTSDALE, Ariz., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Adamas One Corp. (Nasdaq: JEWL) (“Adamas One,” “Adamas” or the “Company”), The Original Lab-Grown Diamond Company™, a high-tech company that leverages proprietary technology to produce high-quality, single-crystal, Lab-Grown Diamonds for jewelry and diamond materials for industrial uses, announces the initial delivery of colorless diamonds.
  • Adamas One’s extensive internal R&D efforts lead to the successful creation of D, E and F diamonds, which are considered to be colorless as determined by gem grading labs such as GIA, IGI, and EGL.
  • “This successful delivery of high-quality lab-grown colorless diamonds is due to our consistent drive to advance our diamond product offerings.
  • Current industry reports are showing lab-grown diamonds now represent more than 50% of diamond sales in the US,” concluded Mr. Grdina.

Ormat Technologies Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 2, 2023

RENO, Nev., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • “During the second quarter, we made significant progress in expanding our operations across our segments, adding approximately 100 MW of total capacity in geothermal, solar, and storage assets throughout the quarter.
  • Product segment revenues increased 222.0% for the second quarter of 2023, compared to 2022, supported by a higher backlog and timing of recognized revenues.
  • Energy Storage segment revenues decreased by 19.7% for the second quarter of 2023, compared to 2022, primarily due to lower energy rates at the PJM compared to the strong commodity price-driven rates in last year’s second quarter.
  • Ormat will host a conference call to discuss its financial results and other matters discussed in this press release on Thursday, August 3, 2023, at 10:00 a.m.

CPSC Votes to Terminate EGL Motor's ATV Action Plan Due to Repeated Violation of Federal Safety Standards

Retrieved on: 
Monday, June 26, 2023

WASHINGTON, June 26, 2023 /PRNewswire/ -- The U.S. Consumer Product Safety Commission (CPSC) voted to terminate EGL Motor Inc.'s All-Terrain Vehicle (ATV) Action Plan.

Key Points: 
  • WASHINGTON, June 26, 2023 /PRNewswire/ -- The U.S. Consumer Product Safety Commission (CPSC) voted to terminate EGL Motor Inc.'s All-Terrain Vehicle (ATV) Action Plan.
  • Prior to importing or distributing ATVs in the United States, manufacturers, importers or distributors of ATVs are required to have a Commission-approved ATV Action Plan.
  • CPSC has issued EGL Motor multiple Notices of Violations for its failure to comply with its federal ATV requirements.
  • Since 2022, EGL Motor and CPSC have announced three recalls for approximately 7,400 units of EGL-branded and Ace-branded youth ATVs due to injury hazards and violation of federal mandatory ATV safety standard.

Ormat Signs Agreements To Develop 50MW Geothermal Power Plant In New Zealand

Retrieved on: 
Tuesday, June 20, 2023

RENO, Nev., June 20, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (Ormat), a leading geothermal, energy storage, photovoltaic (PV), solar and recovered energy power company, today announced the signing of agreements with Eastland Generation Limited (EGL) to build a 50MW power plant in New Zealand.

Key Points: 
  • RENO, Nev., June 20, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (Ormat), a leading geothermal, energy storage, photovoltaic (PV), solar and recovered energy power company, today announced the signing of agreements with Eastland Generation Limited (EGL) to build a 50MW power plant in New Zealand.
  • Under the terms of the agreement, Ormat will design, build, commission and own the power plant.
  • Under this agreement, Ormat will leverage its extensive expertise and leading geothermal capabilities to design and construct a state-of-the-art geothermal power plant.
  • Doron Blachar, Ormat’s Chief Executive Officer, commented, "We are thrilled to enter into a partnership with EGL to embark on the development of a 50MW power plant in New Zealand.

Introducing SuccessionNavTM by EGL: Revolutionizing Talent Pipeline Management with AI-Driven Succession Planning to enable high performing organizations.

Retrieved on: 
Tuesday, June 13, 2023

AUSTIN, Texas, June 13th, 2023 /PRNewswire-PRWeb/ -- EGL, a leading provider of leadership development solutions, is thrilled to unveil SuccessionNavTM, a game-changing AI-driven succession planning tool. With machine learning capabilities and EGL's decades of experience in leadership development, SuccessionNav empowers organizations to create a well-planned roadmap for talent pipeline management. What sets SuccessionNav apart is that it measures individuals to identify leaders that create high performing organizations, not just individual high performers.

Key Points: 
  • AUSTIN, Texas, June 13th, 2023 /PRNewswire-PRWeb/ -- EGL, a leading provider of leadership development solutions, is thrilled to unveil SuccessionNavTM, a game-changing AI-driven succession planning tool.
  • With machine learning capabilities and EGL's decades of experience in leadership development, SuccessionNav empowers organizations to create a well-planned roadmap for talent pipeline management.
  • What sets SuccessionNav apart is that it measures individuals to identify leaders that create high performing organizations, not just individual high performers.
  • To learn more about SuccessionNav and how it can transform talent pipeline management, please visit https://envisiongloballeadership.com/successionnav/

Motorsport Games Regains Full Compliance With Nasdaq Listing Rules

Retrieved on: 
Tuesday, January 31, 2023

MIAMI, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “Company”) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today that it has received notice from the Nasdaq Stock Market LLC (Nasdaq) on January 30, 2023 informing Motorsport Games that it has regained full compliance with the Nasdaq Listing Rules.

Key Points: 
  • MIAMI, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “Company”) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today that it has received notice from the Nasdaq Stock Market LLC (Nasdaq) on January 30, 2023 informing Motorsport Games that it has regained full compliance with the Nasdaq Listing Rules.
  • Motorsport Games previously notified Nasdaq on November 11, 2022 that it was no longer in compliance with Nasdaq Listing Rule 5550(a)(4) requiring minimum of 500,000 publicly held shares, as defined in the Nasdaq Listing Rules, and (ii) Nasdaq Listing Rule 5605(b)(1), which requires a majority of the Company’s board of directors (the “Board”) to be comprised of independent directors as defined in Rule 5605(a)(2), and Nasdaq Listing Rule 5605(c)(2), which requires the audit committee of the Board to consist of at least 3 independent directors meeting the heightened independence standards for audit committee members.
  • Following a further period practicing law as Co-Head of Interactive Entertainment for Osborne Clarke and, subsequently, as Head of Computer Games for Wiggin, Nav worked with Japanese games company GREE.
  • Nav's long career in the video games industry has included extensively being involved with legal and business issues relating to racing games.

New SMASH Program, Career Catalyst, Partners With Elite Gaming Live To Support Equitable Career Pathways in STEM

Retrieved on: 
Thursday, September 29, 2022

OAKLAND, Calif., Sept. 29, 2022 /PRNewswire/ -- Today SMASH, a national nonprofit dedicated to providing impact-driven STEM programming and college prep for students of color in grades K-12, launches Career Catalyst, a new digital platform to virtually connect BIPOC students with tech professionals, provide career development resources and develop equitable pathways to STEM-related careers.

Key Points: 
  • As part of its kickoff, Career Catalyst will be partnering with Elite Gaming Live (EGL), the competitive gaming league for grades 3-12, to connect students in over 30 schools around the country with Career Catalyst programming.
  • Early exposure to mentorship and a network that understands the challenges of being underrepresented can be career-changing for students of color.
  • "Career Catalyst was built to provide students with the mentorship and guidance needed early on to support their academic journey and career development.
  • "Through our partnership, we're hoping to inspire a new generation of students to drive the next decade of innovations in STEM."

Are Lottery and Casino Industries Converging? Experts to Discuss September 21-23 at ECGC in Atlantic City

Retrieved on: 
Tuesday, September 20, 2022

ATLANTIC CITY, NJ, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Lotteries and casinos have historically been separate industries, but the digital revolution is changing that.

Key Points: 
  • ATLANTIC CITY, NJ, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Lotteries and casinos have historically been separate industries, but the digital revolution is changing that.
  • These issues will be discussed by a panel of industry experts at the East Coast Gaming Congress, September 21-23 at Hard Rock Hotel & Casino.
  • There also will be three keynote addresses during the conference and a networking cocktail party on Thursday evening.
  • ECGC is organized and produced by Cooper Levenson, Attorneys at Law; Spectrum Gaming Group; Esports Entertainment Group; and Sports Illustrated Sportsbook.

ECGC to Examine Whether State Regulators are Keeping Up With Gaming Technology, September 21-23 in Atlantic City

Retrieved on: 
Monday, September 19, 2022

ATLANTIC CITY, NJ, Sept. 19, 2022 (GLOBE NEWSWIRE) -- A panel of state gaming regulators will discuss the challenges they face in keeping up with new technology at the East Coast Gaming Congress, September 21-23 at Hard Rock Hotel & Casino Atlantic City.

Key Points: 
  • ATLANTIC CITY, NJ, Sept. 19, 2022 (GLOBE NEWSWIRE) -- A panel of state gaming regulators will discuss the challenges they face in keeping up with new technology at the East Coast Gaming Congress, September 21-23 at Hard Rock Hotel & Casino Atlantic City.
  • Ultimately, state gaming regulators determine whether or how fast such technology can be offered to the consumer.
  • Do they have the physical and human resources needed to keep pace in the rapidly evolving gaming industry?
  • ECGC is organized and produced by Cooper Levenson, Attorneys at Law; Spectrum Gaming Group; Esports Entertainment Group; and Sports Illustrated Sportsbook.