NAC

Nordic Aviation Capital appoints Norman C.T. Liu as incoming President and makes substantial progress in its restructuring, including agreement on outline terms with its largest senior lender groups on a holistic transaction to strengthen capital structur

Friday, September 24, 2021 - 8:30am

Liu is a highly accomplished global aviation executive, having been President of GE Capital Aviation Services ("GECAS") between 2009 and 2016, and its Chairman in 2016.

Key Points: 
  • Liu is a highly accomplished global aviation executive, having been President of GE Capital Aviation Services ("GECAS") between 2009 and 2016, and its Chairman in 2016.
  • The Company has also made substantial progress in its restructuring with agreement reached on the outline terms of a Framework (the "Framework") with its largest creditor groups.
  • Liu is one of the most senior executives in the global aviation sector.
  • "I look forward to working with NAC's global team and customer base in these highly challenging times," said incoming President, Liu.

Veritex Holdings, Inc. Announces Acquisition of North Avenue Capital, LLC

Tuesday, September 21, 2021 - 9:30pm

DALLAS, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (Veritex or the Company), the parent holding company of Veritex Community Bank, today announced the entry into a definitive agreement pursuant to which a newly formed subsidiary of Veritex Community Bank will acquire North Avenue Capital, LLC (NAC or North Avenue Capital) to be a subsidiary of Veritex Community Bank.

Key Points: 
  • DALLAS, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (Veritex or the Company), the parent holding company of Veritex Community Bank, today announced the entry into a definitive agreement pursuant to which a newly formed subsidiary of Veritex Community Bank will acquire North Avenue Capital, LLC (NAC or North Avenue Capital) to be a subsidiary of Veritex Community Bank.
  • Additionally, Veritex will provide additional resources and expertise to complement NACs experienced team and proven Veritex Community Bank strategy.
  • Veritex Chairman and Chief Executive Officer C. Malcolm Holland stated, We are very excited about the acquisition of North Avenue Capital.
  • NAC Founder and Chief Executive Officer Ben Chatraw said, Our acquisition by Veritex gives us a great opportunity to expand our business.

FC Cincinnati Standardizes on Aruba at TQL Stadium to Deliver Next-Generation Digital, Cashless, Contactless Fan and Event Experiences

Wednesday, September 15, 2021 - 1:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210915005267/en/
    TQL Stadium, FC Cincinnati's new half a million-square-foot venue, relies on Aruba ESP to drive next-generation, mobility-driven fan experiences.
  • (Photo: FC Cincinnati)
    To create its completely cashless, digitalized facility, FCC deployed a combination of Arubas wired, wireless and security solutions.
  • We based every aspect of designing, building and maintaining our stadium on creating next-generation fan experiences, explained Dan Lolli, vice president of Facilities and Stadium General Manager for FC Cincinnati.
  • TQL Stadium, FC Cincinnatis home, is one of the most ambitious soccer-specific stadiums in not only North America but the world.

Lobe Sciences Provides Corporate Update to Investors and Stakeholders

Monday, September 13, 2021 - 2:43pm

Vancouver, British Columbia--(Newsfile Corp. - September 13, 2021) - Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) ("Lobe" or the "Company") is pleased to provide the following corporate update by CEO Philip Young, addressed to shareholders, investors and other stakeholders of the Company:

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 13, 2021) - Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) ("Lobe" or the "Company") is pleased to provide the following corporate update by CEO Philip Young, addressed to shareholders, investors and other stakeholders of the Company:
    Dear Fellow Shareholders and Psychedelic Medicine Enthusiasts,
    We are pleased to say that 2021 has been a busy and transformative year for the Company.
  • During 2021, we have made significant progress on several fronts, and completed our transition to an integrated pharmaceutical development company.
  • We believe that psychedelic based therapeutics will bring a new era of treatment for many illnesses where current therapies are insufficient or unavailable.
  • Lobe Sciences is a life sciences company focused on psychedelic medicines.

WiteSand Named First and Only Cloud Enhanced Network Access Control Solution in 650 Group Report

Monday, September 13, 2021 - 1:00pm

We are honored to be recognized by 650 Group in its latest ENAC report, said Praveen Jain, CEO, WiteSand.

Key Points: 
  • We are honored to be recognized by 650 Group in its latest ENAC report, said Praveen Jain, CEO, WiteSand.
  • We're getting traction with current Cisco ISE, Aruba ClearPass, and Forescout customers looking for a cloud-native solution, added Jain.
  • ENACs move to the Cloud is exciting and presents an opportunity for customers to manage their device control systems in multiple modes, said Chris DePuy, Founder and Technology Analyst, 650 Group.
  • The Network Time Machine utilizes the power of AI/ML to enrich network data, deliver unprecedented visibility, and automate root cause analysis.

WiteSand Signs Global Reseller Partnership with Computacenter

Tuesday, September 7, 2021 - 1:00pm

WiteSand , the company delivering Enterprise Networking-as-a-Utility, today announced a global reseller partnership with Computacenter , a leading independent technology partner trusted by large corporate and public sector organizations.

Key Points: 
  • WiteSand , the company delivering Enterprise Networking-as-a-Utility, today announced a global reseller partnership with Computacenter , a leading independent technology partner trusted by large corporate and public sector organizations.
  • As a global, publicly-traded company with $6.9 billion in 2020 revenue, Computacenter services customers across more than 70 countries, with over 5,000 engineers managing 7.2 million events per year.
  • The WiteSand partnership gives us the opportunity to provide a wholistic SaaS-based solution to customers complex, multi-vendor environments, said Jessica Fouse, Director of Software Management, Computacenter.
  • Its no surprise they are a $7 billion global powerhouse, and we are thrilled to have Computacenter as an Authorized Reseller Partner for WiteSand.

New Mexico Attorney General Hector Balderas Seeks to Intervene in Conservation Proceeding as Amicus Curiae in Support of California Insurance Company

Thursday, August 26, 2021 - 6:48pm

It is no small matter that Attorney General Balderas, after reviewing this matter, has sought to become involved.

Key Points: 
  • It is no small matter that Attorney General Balderas, after reviewing this matter, has sought to become involved.
  • In addition, Attorney General Balderas holds that California officials' "indefinite" conservation plan interferes harmfully with New Mexico's ability to regulate its estates.
  • California Insurance Company (CIC) holds an AM Best Financial Strength Rating of 'A' (Excellent) and a Long-Term Issuer Credit Rating of 'a' (Excellent).
  • The companies with the affirmed ratings are: California Insurance Company, Continental Indemnity Company, Illinois Insurance Company and Pennsylvania Insurance Company, domiciled in New Mexico; Texas Insurance Company, domiciled in Texas; Oklahoma Property and Casualty Insurance Company, domiciled in Oklahoma; and Florida Casualty Insurance Company, domiciled in Florida.

National Auto Care Furthering Aggressive Growth Strategy With Five Acquisitions

Tuesday, August 24, 2021 - 7:41pm

PONTE VEDRA BEACH, Fla., Aug. 24, 2021 /PRNewswire/ --Courtney Hoffman, Senior VP of Mergers & Acquisitions of National Auto Care today announced that National Auto Care has acquired five agencies - Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies (RRC) and Ace Financial Development Group (AFDG).

Key Points: 
  • PONTE VEDRA BEACH, Fla., Aug. 24, 2021 /PRNewswire/ --Courtney Hoffman, Senior VP of Mergers & Acquisitions of National Auto Care today announced that National Auto Care has acquired five agencies - Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies (RRC) and Ace Financial Development Group (AFDG).
  • These transactions are a critical part of National Auto Care's growth strategy, as the award-winning auto finance and insurance (F&I) product provider continues its West Coast expansion and partnerships with best-in-class F&I agencies.
  • About National Auto Care Corporation Powered by passion, National Auto Care Corp. has provided F&I products, administration, consulting services, training and marketing support to independent agents, insurance companies, financial institutions, third-party administrators, and credit unions for over 35 years.
  • National Auto Care was honored with a 2020 Dealer's Choice Platinum Award for F&I Products for the fifth consecutive year.

WiteSand Partners with InterVision to Enhance Enterprise Campus Networking

Tuesday, August 24, 2021 - 1:00pm

WiteSand , the company delivering Enterprise Networking-as-a-Utility, today announced a reseller partnership with InterVision , a leading IT strategic service provider.

Key Points: 
  • WiteSand , the company delivering Enterprise Networking-as-a-Utility, today announced a reseller partnership with InterVision , a leading IT strategic service provider.
  • InterVision provides customers with the expertise and information necessary to weigh networking options and how they impact users, costs, timelines, supportability, and security.
  • For InterVision customers, WiteSand is providing the first cloud-native, multi-tenant solution that provides asset discovery, NAC, wired and wireless provisioning, monitoring, and flow analytics.
  • InterVision is focused on providing best-in-class networking solutions to our customers, said Tom Holt, Vice President, Sales West Region of InterVision.

Lobe Sciences Appoints Albert "Skip" Rizzo, Ph.D to Scientific Advisory Board

Monday, August 23, 2021 - 1:45pm

Vancouver, British Columbia--(Newsfile Corp. - August 23, 2021) - Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) ("Lobe" or the "Company") is pleased to announce the appointment of Albert "Skip" Rizzo, Ph.D, to its Scientific Advisory Board.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 23, 2021) - Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) ("Lobe" or the "Company") is pleased to announce the appointment of Albert "Skip" Rizzo, Ph.D, to its Scientific Advisory Board.
  • Philip Young, CEO and Director of Lobe stated, "We are extremely happy to have an industry leading Virtual Reality (VR) expert joining our Scientific Advisory Board, and look forward to his contributions on our clinical development and the creation of our Krysalis Therapeutic Pod."
  • Albert "Skip" Rizzo is a clinical psychologist and Director of Medical VR at the University of Southern California Institute for Creative Technologies.
  • Lobe Sciences is a life sciences company focused on psychedelic medicines.