Strategic alliance

PGA TOUR, DP World Tour and PIF announce newly formed commercial entity to unify golf

Retrieved on: 
Tuesday, June 6, 2023

NEW YORK and RIYADH, Saudi Arabia and PONTE VEDRA BEACH, Fla., June 6, 2023 /PRNewswire/ -- The PGA TOUR, DP World Tour and the Public Investment Fund (PIF) today announced a landmark agreement to unify the game of golf, on a global basis. The parties have signed an agreement that combines PIF's golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA TOUR and DP World Tour into a new, collectively owned, for-profit entity to ensure that all stakeholders benefit from a model that delivers maximum excitement and competition among the game's best players. 

Key Points: 
  • With LIV Golf in the midst of its second, groundbreaking season, the PGA TOUR, DP World Tour and PIF will work together to best feature and grow team golf going forward.
  • PIF will initially be the exclusive investor in the new entity, alongside the PGA TOUR, LIV Golf and the DP World Tour.
  • Going forward, PIF will have the exclusive right to further invest in the new entity, including a right of first refusal on any capital that may be invested in the new entity, including into the PGA TOUR, LIV Golf and DP World Tour.
  • To partner in this new entity and influence the growth of the game for all our DP World Tour members is energizing and exciting."

Royal Road and MSB Holdings Enter into Joint Venture Shareholders Agreement for Mineral Exploration

Retrieved on: 
Thursday, June 1, 2023

In February of this year, Royal Road and MSB entered into a Strategic Alliance Agreement and Non-Binding Letter of Intent with respect to copper, gold and other metals exploration in the Kingdom of Saudi Arabia (see Press Release February 9, 2023).

Key Points: 
  • In February of this year, Royal Road and MSB entered into a Strategic Alliance Agreement and Non-Binding Letter of Intent with respect to copper, gold and other metals exploration in the Kingdom of Saudi Arabia (see Press Release February 9, 2023).
  • The Strategic Alliance Agreement has led to the development of an exploration decision-support-system, the generation of priority target areas and an initial 12-month work program and budget for exploration operations in KSA.
  • Summary terms of the Agreement, subject to regulatory approval, are as follows:
    Whilst each Party holds 50 percent of the issued shares of JVCO, the Board of JVCO shall be made up of an equal number of Directors appointed by Royal Road and MSB.
  • Forward-looking statements of the Company contained in this news release, which may prove to be incorrect, include, but are not limited to the Company's exploration plans.

Strategic Alliance between BrandStar and Greenlite Ventures Cancelled

Retrieved on: 
Friday, May 19, 2023

BOCA RATON, Fla., May 19, 2023 /PRNewswire/ -- Greenlite Ventures, Inc. dba Game Time Productions (OTC PINK: GRNL) announces that GRNL and Brandstar have mutually agreed to cancel the Strategic Alliance between GRNL and Brandstar for Brandstar to direct Game Time's marketing and production activities that was previously announced in a March 24, 2023 press release.

Key Points: 
  • BOCA RATON, Fla., May 19, 2023 /PRNewswire/ -- Greenlite Ventures, Inc. dba Game Time Productions (OTC PINK: GRNL) announces that GRNL and Brandstar have mutually agreed to cancel the Strategic Alliance between GRNL and Brandstar for Brandstar to direct Game Time's marketing and production activities that was previously announced in a March 24, 2023 press release.
  • A "safe harbor" for forward-looking statements is provided by the Private Securities Litigation Reform Act of 1995 (Reform Act of 1995).
  • Forward-looking statements have been and will be made in written documents and oral presentations of Greenlite Ventures, Inc., statements are based on management's beliefs, as well as assumptions made by and information currently available to management.
  • In addition to any assumptions and other factors referred to specifically in connection with such forward-looking statements, factors that could cause Greenlite Ventures' actual results to differ materially from those assumptions in any forward-looking statements.

Omnicell Announces First Quarter 2023 Results

Retrieved on: 
Tuesday, May 2, 2023

Omnicell, Inc. (NASDAQ:OMCL) (“Omnicell,” “we,” “our,” “us,” “management,” or the “Company”), a leader in transforming the pharmacy care delivery model, today announced results for its first quarter ended March 31, 2023.

Key Points: 
  • Omnicell, Inc. (NASDAQ:OMCL) (“Omnicell,” “we,” “our,” “us,” “management,” or the “Company”), a leader in transforming the pharmacy care delivery model, today announced results for its first quarter ended March 31, 2023.
  • The Company expects second quarter 2023 product revenues to be between $181 million and $186 million, and second quarter 2023 service revenues to be between $97 million and $102 million.
  • The Company expects second quarter 2023 non-GAAP EBITDA to be between $22 million and $28 million.
  • The Company expects second quarter 2023 non-GAAP earnings per share to be between $0.25 and $0.35 per share.

Cirba Solutions Announces Agreement with Honda to Collaborate Toward Sourcing Sustainable EV Battery Materials in North America

Retrieved on: 
Thursday, April 20, 2023

This approach demonstrates how materials can be sustainably sourced and procured domestically in North America through strategic alliance.

Key Points: 
  • This approach demonstrates how materials can be sustainably sourced and procured domestically in North America through strategic alliance.
  • This program leverages Cirba Solutions' over 30 years of experience in processing end-of-life hybrid and EV batteries and gigafactory scrap, extracting critical metals such as nickel, cobalt, and lithium.
  • "Through this type of alliance, we're able to help Honda source critical materials for new EV battery creation sustainably and with full traceability."
  • In March, Cirba Solutions also announced plans for a world-class EV battery materials facility in South Carolina, creating over 300 jobs and producing enough battery grade materials for more than 500,000 EV batteries.

Contrast Security Commits to 2023 AWS Summit World Tour

Retrieved on: 
Tuesday, March 28, 2023

LOS ALTOS, Calif., March 28, 2023 /PRNewswire/ -- Contrast Security (Contrast), the code security platform built for developers and trusted by security, announced its sponsorship and participation at nine upcoming AWS Summits.

Key Points: 
  • LOS ALTOS, Calif., March 28, 2023 /PRNewswire/ -- Contrast Security (Contrast), the code security platform built for developers and trusted by security, announced its sponsorship and participation at nine upcoming AWS Summits.
  • At these global summits Contrast will showcase our unique self-protecting software technology that secures AWS Lambda functions with ease.
  • Customers deploying AWS and Contrast receive an unmatched, fully integrated application security solution that is scalable, protected against rising cyber-attacks and fits seamlessly into their larger application security (AppSec) programs.
  • As an advanced technology partner, Contrast can ensure security and compliance across an organization's entire lifecycle of web applications, Lambdas and APIs running on AWS," said Ben Goodman, Senior Vice President of Corporate Development and Strategic Alliances at Contrast Security.

Game Time Productions Enters into Strategic Alliance with BrandStar

Retrieved on: 
Friday, March 24, 2023

BOCA RATON, Fla., March 24, 2023 /PRNewswire/ -- Greenlite Ventures, Inc. dba Game Time Productions (OTC PINK: "GRNL") has entered into a Strategic Alliance with Ft. Lauderdale-based BrandStar, one of America's premier strategic marketing and production companies. 

Key Points: 
  • Partnership includes BrandStar receiving shares and warrants in publicly traded Game Time Productions, and a 50% interest in Game Time's media subsidiary
    BOCA RATON, Fla., March 24, 2023 /PRNewswire/ -- Greenlite Ventures, Inc. dba Game Time Productions (OTC PINK: "GRNL") has entered into a Strategic Alliance with Ft. Lauderdale-based BrandStar, one of America's premier strategic marketing and production companies.
  • Game Time Productions recently entered the Sports Licensing and Merchandising markets through the acquisition of Game Time Watches and Game Time Bands.
  • BrandStar is receiving shares and warrants in GRNL and a 50% interest in GRNL's Game Time Media subsidiary.
  • The companies are seeking to soon expand the Strategic Alliance through BrandStar's Sports and Entertainment Division.

SBA Expands Outreach to Hispanic Businesses with Historic Multi-State Alliance with Prospera

Retrieved on: 
Tuesday, February 28, 2023

"In FY22, over $506 million in SBA loans went to Hispanic businesses in Florida, and we intend to grow that number.

Key Points: 
  • "In FY22, over $506 million in SBA loans went to Hispanic businesses in Florida, and we intend to grow that number.
  • This year, SBA's top focus is helping small businesses overcome the capital challenge, especially startups and small, disadvantaged businesses.
  • In part as a result of the Alliance, Prospera has assisted Hispanic business owners in the process of applying for over $70 million in SBA-backed loans.
  • "The U.S. Small Business Administration has been an important partner to Prospera in helping us strengthen and grow Hispanic-owned small businesses," said Prospera President and CEO Augusto Sanabria.

ecoSPEARS Selected to WSP USA’s Emerge Earth & Environment Program

Retrieved on: 
Wednesday, January 11, 2023

ecoSPEARS was selected for WSP's Emerge program, an innovative program focused on creating strategic alliances to build a healthier planet.

Key Points: 
  • ecoSPEARS was selected for WSP's Emerge program, an innovative program focused on creating strategic alliances to build a healthier planet.
  • ecoSPEARS develops green remediation technologies that clean persistent toxins from sediment, soil, and water to protect human health and the environment.
  • (Photo: Business Wire)
    “We’re excited to partner with a global firm like WSP that understands how massive the problem of legacy and emerging contaminants is.
  • As one of three selected companies in the Earth & Environment cohort, ecoSPEARS will partner with WSP to kick off the program to propel ecoSPEARS’ technologies towards pilot-scale opportunities.

Leading Prosthetics Device Manufacturer WillowWood Global and Reboocon Bionics form Strategic Alliance for the US market.

Retrieved on: 
Tuesday, January 10, 2023

MOUNT STERLING, Ohio, Jan. 10, 2023 /PRNewswire/ -- WillowWood Global LLC ("WillowWood"), a leading designer, manufacturer, and distributor of prosthetic products, today announced that it has formed a Strategic Alliance with Reboocon Bionics B.V. ("Reboocon") the inventor and manufacturer of the motorized prosthetic knee, INTUY® Knee.

Key Points: 
  • MOUNT STERLING, Ohio, Jan. 10, 2023 /PRNewswire/ -- WillowWood Global LLC ("WillowWood"), a leading designer, manufacturer, and distributor of prosthetic products, today announced that it has formed a Strategic Alliance with Reboocon Bionics B.V. ("Reboocon") the inventor and manufacturer of the motorized prosthetic knee, INTUY® Knee.
  • The Alliance will focus on outcomes research, exclusive US market distribution as well as R&D collaboration to advance the next generation of the technology.
  • Alliance will focus on research, exclusive US distribution, and advancement of motorized device technology.
  • "The world of prosthetics is unquestionably moving away from passive toward powered technology, which compelled us to partner with Reboocon given their strategic focus.