Acceleration

Navitas Accelerates EV Adoption in Baird's 2022 Vehicle Technology & Mobility Conference

Retrieved on: 
Wednesday, January 19, 2022 - 9:09pm

EL SEGUNDO, Calif., Jan. 19, 2022 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits (ICs) has announced its participation at Baird's Vehicle Technology & Mobility Conference being held virtually on Tuesday, January 25, 2022 at 2:55pm EST.

Key Points: 
  • EL SEGUNDO, Calif., Jan. 19, 2022 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits (ICs) has announced its participation at Baird's Vehicle Technology & Mobility Conference being held virtually on Tuesday, January 25, 2022 at 2:55pm EST.
  • Hosted by the company's Equity Research and Global Investment Banking teams, Baird's Vehicle Technology & Mobility Conference unites company leaders with investors and select corporates.
  • To discover more about GaN's adoption in EV, click here to register and join the live presentation and 'fire-side chat'.
  • Navitas Semiconductor, GaNFast and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited.

South Atlantic Bancshares, Inc. Reports Earnings of $1.42 per Diluted Common Share For the Year Ended December 31, 2021

Retrieved on: 
Wednesday, January 19, 2022 - 9:01pm

Consolidated net income was $2.3 million, or $0.29 per diluted common share, for the three months ended December 31, 2021, an increase of $411 thousand, or $0.05 per diluted common share, compared to the three months ended December 31, 2020.

Key Points: 
  • Consolidated net income was $2.3 million, or $0.29 per diluted common share, for the three months ended December 31, 2021, an increase of $411 thousand, or $0.05 per diluted common share, compared to the three months ended December 31, 2020.
  • Net income for the three months ended December 31, 2021 totaled $2.3 million, or $0.29 per diluted common share, compared to $1.8 million or $0.24 per diluted common shares, reported for the same three months ended December 31, 2020.
  • Noninterest income increased $1.9 million, or 23.3 percent, to $9.8 million for the twelve months ended December 31, 2021 compared to $8.0 million for the twelve months ended December 31, 2020.
  • Our effective tax rate for the twelve months ended December 31, 2021 was 19.8 percent compared to 17.6 percent for the twelve months ended December 31, 2020.

Paya Announces Acquisition of VelocIT

Retrieved on: 
Wednesday, January 19, 2022 - 9:01pm

ATLANTA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (“Paya”), a leading integrated payments and commerce solution provider, today announced the acquisition of VelocIT Business Solutions (“VelocIT”).

Key Points: 
  • ATLANTA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (Paya), a leading integrated payments and commerce solution provider, today announced the acquisition of VelocIT Business Solutions (VelocIT).
  • VelocIT brings to Paya industry-leading technologies, deep knowledge of the ERP market, and strong integration experience and expertise.
  • Through the acquisition of VelocIT, Paya will accelerate its product roadmap, scaling the companys solution capabilities and extending its leadership in accounting and ERP integrations.
  • With their technology platform, partnerships, and ERP domain expertise, the acquisition of VelocIT strengthens Payas ability to fulfill that commitment.

The First Custom Tesla Rental Company Brought To Miami by Try-A-Tesla

Retrieved on: 
Tuesday, January 18, 2022 - 5:25pm

Detroit, Michigan--(Newsfile Corp. - January 18, 2022) - Try-A-Tesla announces the first custom Tesla Rental Company.

Key Points: 
  • Detroit, Michigan--(Newsfile Corp. - January 18, 2022) - Try-A-Tesla announces the first custom Tesla Rental Company.
  • The company provides a new take on high-end vehicle rentals, putting it on the cutting edge of the business model.
  • There's no denying the Tesla is sexy, and not just because of its ecofriendly street cred.
  • To find out more about renting a Tesla from one of the most knowledgeable high-end rental facilities in the Miami area, contact Try-a-Tesla Custom Tesla Rentals at (785) TES-LAAA (937-5222.)

Postsecondary Transfer Enrollment Stabilized In Fall 2021

Retrieved on: 
Wednesday, January 19, 2022 - 2:15pm

Thelatest COVID-19: Transfer, Mobility, and Progress report, the sixth in the series, reflects the pandemics impact on postsecondary transfer students.

Key Points: 
  • Thelatest COVID-19: Transfer, Mobility, and Progress report, the sixth in the series, reflects the pandemics impact on postsecondary transfer students.
  • Patterns of transfer and mobility have diverged across different pathways in fall 2021.
  • Younger transfer students aged 18-20 is the only age group to experience growth in fall 2021, fully recovering from their 2020 declines (+13.6% vs. -8.7% in fall 2020).
  • The COVID-19: Transfer, Mobility, and Progress presents the undergraduate transfer enrollment and pathways in the fall of 2021.

FOMO & SMARTSOLUTION ANNOUNCE RECORD YEAR

Retrieved on: 
Tuesday, January 18, 2022 - 11:30am

Chicago IL, Jan. 18, 2022 (GLOBE NEWSWIRE) -- FOMO CORP.’s (OTC: FOMC) acquisition target under definitive agreement, SMARTSolution Technologies, L.P. (“SST”), the region’s premier Audio/Visual integration company for education, corporations and non-profits, today announced $8.4 million in contracts with $4.8 million closed as of December 31, 2021. The remaining $3.6 million of these contracts are expected to close in the 1st quarter of 2022. This includes 1,546 interactive displays in classrooms, serving over one hundred and fifty school districts, including private and charter schools across Pennsylvania and Ohio. 

Key Points: 
  • We are thrilled with our customers continued acquisition of classroom technology and their trust in our services to provide them.
  • In 1996, Mitchell Schwartz and SMARTSolution Technologies introduced the SMART Board to local schools and businesses, bringing the latest in collaborative technology to the region.
  • Vik Grover, CEO of FOMO said: SST is a game changer because it lets our clean air companies go directly to schools.
  • SMARTSolution Technologies, L.P., is a Pittsburgh, PAbased audiovisual systems integration company that designs and builds presentation, teleconferencing and collaborative systems for businesses, education and nonprofits.

EV Battery Tech Oversubscribes $0.20 Private Placement

Retrieved on: 
Tuesday, January 18, 2022 - 1:00pm

Vancouver, B.C., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) is pleased to announce that, further to its news release dated January 12, 2022, it has successfully closed its non-brokered private placement of units (each, a “Unit”) for total gross proceeds of $900,000 (the “Private Placement”).

Key Points: 
  • Vancouver, B.C., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the Company or EV Battery Tech) (CSE: ACDC) is pleased to announce that, further to its news release dated January 12, 2022, it has successfully closed its non-brokered private placement of units (each, a Unit) for total gross proceeds of $900,000 (the Private Placement).
  • Due to significant demand, the Private Placement was oversubscribed and the Company successfully raised total gross proceeds of $900,000.
  • This private placement shows the considerable strength of the Company and the faith investors have in its long-term business plan, stated Bryson Goodwin, President and CEO of EV Battery Tech.
  • In connection with the Private Placement, the Company issued a total of 4,500,000 Units at a price of $0.20 per Unit.

Goodfood Reports First Quarter 2022 Results with Stable Meal Subscription Net Sales, Growing Active Customers (1) and Canadians Beginning to Rapidly Adopt On-Demand Grocery Delivery

Retrieved on: 
Tuesday, January 18, 2022 - 11:30am

Online grocery is a fast-growing segment of the overall $140-billion-plus Canadian grocery industry, with digital grocery delivery penetration currently estimated to be in the single digits.

Key Points: 
  • Online grocery is a fast-growing segment of the overall $140-billion-plus Canadian grocery industry, with digital grocery delivery penetration currently estimated to be in the single digits.
  • The results of this strategy have led to a more engaged Goodfood customer, with improved retention and more frequent order rates.
  • The Company reports the number of active subscribers at the beginning and end of the period, rounded to the nearest thousand.
  • The Company reports the number of active customers at the beginning and end of the period, rounded to the nearest thousand.

New Research Reveals Governance as a Significant Inhibitor to Accelerated Cloud Adoption

Retrieved on: 
Wednesday, January 19, 2022 - 2:55pm

Cloud governance is a framework of policies, procedures, and tools focused on ensuring cloud deployments are operating securely and efficiently.

Key Points: 
  • Cloud governance is a framework of policies, procedures, and tools focused on ensuring cloud deployments are operating securely and efficiently.
  • Cloud governance enforcement is inhibiting the acceleration of cloud adoption and usage.
  • By adopting cloud governance as code model organizations can remove the friction associated with traditional tooling and processes while innovating securely in the cloud.
  • Stacklet provides the commercial cloud governance platform that accelerates how the Global 2000 manages their security, asset visibility, operations, and cost optimization policies in the cloud.

David Lundstrom Joins SilkRoad Technology as Senior Vice President of Engineering

Retrieved on: 
Wednesday, January 19, 2022 - 3:00pm

SilkRoad Technology, a global software and services platform that helps organizations attract, retain and align people to their business, today announced that David Lundstrom has joined SilkRoad as Senior Vice President of Engineering.

Key Points: 
  • SilkRoad Technology, a global software and services platform that helps organizations attract, retain and align people to their business, today announced that David Lundstrom has joined SilkRoad as Senior Vice President of Engineering.
  • David comes to SilkRoad Technology from Echo Global Logistics, a leading provider of technology-enabled transportation services, where he was the Senior Vice President of Engineering and was responsible for leading platform modernization.
  • Im thrilled to welcome David to SilkRoad, said Robert Dvorak, Chief Executive Officer and President of SilkRoad Technology.
  • Im excited to join SilkRoad and I look forward to growing our development team, said David Lundstrom, Senior Vice President of Engineering.