System

Softchoice Corporation Announces Closing of $150 Million Bought Deal Offering

Friday, October 15, 2021 - 1:26pm

TORONTO, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Softchoice Corporation (“Softchoice” or the “Company”) (TSX: SFTC), is pleased to announce that the Company, along with certain funds managed by Birch Hill Equity Partners (the “Birch Hill Selling Shareholders”), Keika Limited (the “Keika Selling Shareholder”) and certain of the Company’s employees and directors (the “Individual Selling Shareholders”, and, together with the Birch Hill Selling Shareholders and the Keika Selling Shareholder, the “Selling Shareholders”), have closed the previously announced bought deal offering of 5,085,000 common shares of the Company (the “Common Shares”) at a price of $29.50 per Share (the “Issue Price”) for total gross proceeds of approximately $150 million (the “Offering”). The Offering was completed by a syndicate of underwriters led by TD Securities Inc. and Goldman Sachs Canada Inc. (the “Joint Bookrunners”) and including CIBC Capital Markets, RBC Capital Markets, National Bank Financial Inc., Scotiabank, BMO Capital Markets, ATB Capital Markets Inc., Cormark Securities Inc., Laurentian Bank Securities Inc., Canaccord Genuity Corp. and Raymond James Ltd. (together with the Joint Bookrunners, the “Underwriters”).

Key Points: 
  • The Offering included 360,423 Common Shares issued from treasury by Softchoice for gross proceeds of approximately $11 million (the Treasury Offering) and an aggregate of 4,724,577 Common Shares sold by the Selling Shareholders for aggregate gross proceeds to the Selling Shareholders of approximately $139 million (the Secondary Offering).
  • The Company will not receive any proceeds from the sale of Common Shares associated with the Secondary Offering.
  • If the Over-Allotment Option is exercised in full, the aggregate gross proceeds of the Treasury Offering and Secondary Offering will be approximately $11 million and $162 million, respectively.
  • Accordingly, readers should not place undue reliance on forward-looking information, which speaks only as at the date made.

Deque Systems Adds Renowned Speakers to Axe-con 2022 Line-up

Thursday, October 14, 2021 - 5:01pm

Deque Systems , the trusted leader in digital accessibility, announced today a number of renowned, expert speakers participating in axe-con 2022 , which will take place virtually on March 15-17, 2022.

Key Points: 
  • Deque Systems , the trusted leader in digital accessibility, announced today a number of renowned, expert speakers participating in axe-con 2022 , which will take place virtually on March 15-17, 2022.
  • These renowned leaders join other notable speakers presenting at axe-con 2022, including:
    In addition to the presentations by these top experts in the digital accessibility field, axe-con offers interactive entertainment and virtual networking opportunities.
  • The axe-con 2022 call for speakers will remain open until 5:00PM PT on Friday, October 29th, 2021, and Deque will notify speakers about the status of their submission by November 29th, 2021.
  • Axe is a trademark of Deque Systems, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20211014005847/en/

A $8.3 Billion Global Opportunity for Healthcare Satellite Connectivity by 2026 - New Research from StrategyR

Thursday, October 14, 2021 - 4:12pm

SAN FRANCISCO, Oct. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Healthcare Satellite Connectivity - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Healthcare Satellite Connectivity - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Healthcare Satellite Connectivity estimated at US$5.9 Billion in the year 2020, is projected to reach a revised size of US$8.3 Billion by 2026, growing at a CAGR of 5.7% over the analysis period.
  • The U.S. Market is Estimated at $1.9 Billion in 2021, While China is Forecast to Reach $1.5 Billion by 2026
    The Healthcare Satellite Connectivity market in the U.S. is estimated at US$1.9 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Richardson Electronics Announces European Expansion for ULTRA3000® Series - Energy Storage and Power Delivery Modules

Thursday, October 14, 2021 - 4:00pm

(NASDAQ: RELL) is expanding into the European market with the patented ULTRA3000 Series of ultracapacitor modules that are custom designed for energy storage and power delivery for wind turbine generators.

Key Points: 
  • (NASDAQ: RELL) is expanding into the European market with the patented ULTRA3000 Series of ultracapacitor modules that are custom designed for energy storage and power delivery for wind turbine generators.
  • Richardson Electronics will be exhibiting at the Key Energy Renewable Energy Expo, stand D7-194.
  • Key Energy is an international exhibition and conference covering renewable energy, energy storage systems, energy efficiency, urban regeneration, sustainable mobility, lighting, and smart grids.
  • For nearly 75 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave, and power products.

New Study from StrategyR Highlights a $1.1 Billion Global Market for Hybrid Street Lighting Systems by 2026

Thursday, October 14, 2021 - 3:30pm

SAN FRANCISCO, Oct. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Hybrid Street Lighting Systems - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Hybrid Street Lighting Systems - Global Market Trajectory & Analytics" .
  • Companies:29 - Players covered include Airsynergy Ltd.; Bridgelux, Inc; Clear Blue Technologies Inc.; COVIMED Group; Deepa Solar Systems Pvt.
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Hybrid Street Lighting Systems estimated at US$803.8 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2026, growing at a CAGR of 5.8% over the analysis period.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Mike Merkle Joins mce Systems to Oversee U.S. Strategic Accounts

Thursday, October 14, 2021 - 3:00pm

mce Systems Ltd., the global pioneer of Omni-channel device lifecycle management announced today it has appointed Mike Merkle to the position of Vice President of U.S. Strategic Accounts.

Key Points: 
  • mce Systems Ltd., the global pioneer of Omni-channel device lifecycle management announced today it has appointed Mike Merkle to the position of Vice President of U.S. Strategic Accounts.
  • Merkle will be responsible for leading sales strategy and execution for the companys key North American accounts.
  • Before Cellebrite, Mike held the position of Vice President of Strategic Accounts in Mobilogy, which was acquired by ESW.
  • Over its more than 15 years of experience, mce Systems has become the trusted solution to Tier-1 Operators and Industry Partners.

Messiah University Launches Partnership With UPMC To Improve Patient Outcomes Across Pennsylvania

Thursday, October 14, 2021 - 2:25pm

MECHANICSBURG, Pa., Oct. 14, 2021 /PRNewswire/ --Messiah University, a leader in nursing education for more than 30 years, announced a partnership with UPMC that will accelerate the nursing expertise in the region and meet the continued demands of better patient outcomes.

Key Points: 
  • MECHANICSBURG, Pa., Oct. 14, 2021 /PRNewswire/ --Messiah University, a leader in nursing education for more than 30 years, announced a partnership with UPMC that will accelerate the nursing expertise in the region and meet the continued demands of better patient outcomes.
  • As part of this partnership, nurses at UPMC will have the opportunity to participate in Messiah University's online nursing degree programs (RN to BSN, Master's and Doctoral) at a discounted rate of 10 percent.
  • UPMC, the leading healthcare provider in Pennsylvania, employs more than 18,000 nurses and owns and operates 40 hospitals and 800 physician offices across the Commonwealth.
  • Messiah University offers comprehensive online nursing degree programs including RN to BSN, RN to MSN, MSN and DNP.

Acumen becomes the first engineering intelligence player to secure SOC 2 Type II Certification

Thursday, October 14, 2021 - 2:00pm

TEL AVIV, Israel, Oct. 14, 2021 /PRNewswire/ -- Acumen , the engineering intelligence platform used by software development teams to deliver on time, today announced that it had secured the industry-leading SOC 2 Type II certification.

Key Points: 
  • TEL AVIV, Israel, Oct. 14, 2021 /PRNewswire/ -- Acumen , the engineering intelligence platform used by software development teams to deliver on time, today announced that it had secured the industry-leading SOC 2 Type II certification.
  • SOC 2 Type II is the most comprehensive certification within the Systems and Organizational Controls protocol.
  • Acumen is already ISO-certified and GDPR compliant, but with its newly-announced SOC 2 Type II status, Acumen now becomes the first vendor in its category to attain the most rigorous certification of organizational controls.
  • Acumen is the engineering intelligence platform that empowers engineering teams to go from putting out fires to delivering software on time.

Modernized Solutions Make Renewable Energy a Dependable Alternative

Thursday, October 14, 2021 - 2:00pm

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy.

Key Points: 
  • NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy.
  • In recent years, novel technologies have allowed for more affordable energy storage from alternative energy sources.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.
  • "California is the nation's leader in deploying clean, renewable energy, a trend that is accelerating rapidly," commented Gaylon Morris, Chief Executive Officer of Sunworks.

Modernized Solutions Make Renewable Energy a Dependable Alternative

Thursday, October 14, 2021 - 2:00pm

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy. In recent years, novel technologies have allowed for more affordable energy storage from alternative energy sources. However, it was the solar sector in particular that went through a surge of implementation, both for residential and commercial purposes. And, according to a research report by Mordor Intelligence LLP, the global solar energy installed capacity is registered to be 728 GW and is estimated to grow to 1645 gigawatts (GW) in 2026, while growing at a CAGR of 13.78% from 2021 to 2026. OPTEC International, Inc. (OTC: OPTI), ReneSola Ltd (NYSE: SOL), SunPower Corp. (NASDAQ: SPWR), Sunworks, Inc. (NASDAQ: SUNW), Canadian Solar Inc. (NASDAQ: CSIQ)

Key Points: 
  • NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy.
  • In recent years, novel technologies have allowed for more affordable energy storage from alternative energy sources.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.
  • "California is the nation's leader in deploying clean, renewable energy, a trend that is accelerating rapidly," commented Gaylon Morris, Chief Executive Officer of Sunworks.