KSI

Global Healthcare Leader Selects Kneat

Retrieved on: 
Wednesday, February 28, 2024

LIMERICK, Ireland, Feb. 28, 2024 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX: KSI) (OTC: KSIOF), a leader in digitizing and automating validation and quality processes, is pleased to announce that it has signed a Master Services Agreement with a global provider of critical care products.

Key Points: 
  • LIMERICK, Ireland, Feb. 28, 2024 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX: KSI) (OTC: KSIOF), a leader in digitizing and automating validation and quality processes, is pleased to announce that it has signed a Master Services Agreement with a global provider of critical care products.
  • The Agreement, which initially is for Equipment Validation, allows the company to scale Kneat to all its global validation processes.
  • “This top-tier healthcare win continues to highlight the growing power and appeal of the Kneat brand with industry leaders,” stated Eddie Ryan, Chief Executive Officer of Kneat.
  • “Kneat has built a customer-centric, high-quality software platform that has proved time and again to generate value for companies across the Life Sciences industry.”

Kneat Announces Record Revenue for Fourth Quarter and Full Year 2023

Retrieved on: 
Wednesday, February 21, 2024

SaaS revenue for the fourth quarter of 2023 grew 58% to $8.9 million, versus $5.7 million for the fourth quarter of 2022.

Key Points: 
  • SaaS revenue for the fourth quarter of 2023 grew 58% to $8.9 million, versus $5.7 million for the fourth quarter of 2022.
  • Gross margin in the fourth quarter of 2023 was 72%, compared to 63% for the fourth quarter of 2022, and 65% for the third quarter of 2023.
  • EBITDA1 in the fourth quarter of 2023 was ($0.1) million, compared with $2.2 million for the fourth quarter of 2022.
  • Adjusted EBITDA1 in the fourth quarter of 2023 was ($0.4) million, compared with ($1.3) million for the fourth quarter of 2022.

Celebrate the Heroes of Sports Medicine: Nominate an Athletic Trainer for the 2024 Perry Weather AT Excellence Award!

Retrieved on: 
Wednesday, March 6, 2024

Perry Weather announces the second annual Perry Weather Athletic Trainer Excellence Award.

Key Points: 
  • Perry Weather announces the second annual Perry Weather Athletic Trainer Excellence Award.
  • /PRNewswire-PRWeb/ -- Perry Weather , a leading weather monitoring platform and advocate for athletic safety and well-being, is proud to announce the second annual Perry Weather Athletic Trainer Excellence Award.
  • "We are thrilled to recognize the champions of sports medicine who tirelessly work behind the scenes to ensure athlete well-being," says Colin Perry, CEO of Perry Weather.
  • The Perry Weather Athletic Trainer Excellence Award seeks to shine a light on these champions of sports medicine and celebrate their contributions.

Kneat Announces Closing of $20 Million Bought Deal Including Full Exercise of Over-Allotment Option

Retrieved on: 
Wednesday, February 14, 2024

HALIFAX, Nova Scotia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX:KSI) (“Kneat” or the “Company”) announced today the closing of its previously announced bought deal offering (the “Offering“) of common shares of the Company (the “Common Shares“). Pursuant to the Offering, the Company issued a total of 6,153,880 Common Shares at a price of $3.25 per Common Share for gross proceeds to the Company of $20,000,110, which includes the exercise, in full, by the Underwriters (as defined below) of the over-allotment option granted by the Company to purchase up to an additional 802,680 Common Shares at a price of $3.25 per Common Share.

Key Points: 
  • HALIFAX, Nova Scotia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX:KSI) (“Kneat” or the “Company”) announced today the closing of its previously announced bought deal offering (the “Offering“) of common shares of the Company (the “Common Shares“).
  • The Company intends to use the net proceeds of the Offering for growth initiatives, working capital and general corporate purposes.
  • The securities have not been and will not be registered under the United States Securities Act of 1933 (the “U.S.
  • persons” (as defined in Regulation S under the U.S. Securities Act).

Kneat to Announce 2023 Fourth-Quarter and Fiscal Year Financial Results February 21, 2024

Retrieved on: 
Tuesday, February 13, 2024

LIMERICK, Ireland, Feb. 13, 2024 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX: KSI) (OTC: KSIOF) (“Kneat” or the “Company”) a leader in digitizing and automating validation and quality processes, announced today that the Company will release its financial results for the year ended December 31, 2023, after TSX market close on February 21, 2024.

Key Points: 
  • LIMERICK, Ireland, Feb. 13, 2024 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX: KSI) (OTC: KSIOF) (“Kneat” or the “Company”) a leader in digitizing and automating validation and quality processes, announced today that the Company will release its financial results for the year ended December 31, 2023, after TSX market close on February 21, 2024.
  • Eddie Ryan, Chief Executive Officer and Hugh Kavanagh, Chief Financial Officer, will host a conference call and Q&A for sell side analysts via webcast on February 22, 2024 at 09:00 ET (14:00 GMT).
  • Interested parties can register for the live webcast via the following link:

D1 Training Announces Dynamic Partnership with PRIME Hydration

Retrieved on: 
Tuesday, February 13, 2024

NASHVILLE, Tenn., Feb. 13, 2024 /PRNewswire/ -- D1 Training, a leading fitness concept utilizing the five core tenets of athletic-based training to help people of all ages achieve their sport and fitness goals, announces a formal partnership with PRIME, the viral sports drink brand founded by Logan Paul and KSI, across its more than 100 locations nationwide.

Key Points: 
  • The partnership marks a strategic alliance between a brand synonymous with high-caliber athletic performance and the fastest-growing hydration company in country.
  • "This partnership with a young, dynamic brand confirms our commitment to innovation," said Will Bartholomew, D1 Training Founder and CEO.
  • As the partnership further develops, we'll look to integrate PRIME into various onsite camps and events, especially for our youth athletes."
  • For more information on D1 Training and franchise opportunities, please visit www.d1franchise.com , call 615-465-0385 or email [email protected] .

The World Needs Canadian Energy to Achieve Climate Goals and Energy Security

Retrieved on: 
Thursday, November 30, 2023

Forum Documentaries are broadcasting three documentaries on Canadian pipelines and energy export Saturday and Sunday 8PM-10PM Eastern Time.

Key Points: 
  • Forum Documentaries are broadcasting three documentaries on Canadian pipelines and energy export Saturday and Sunday 8PM-10PM Eastern Time.
  • Canadian LNG initiatives prioritize environmental stewardship, community engagement, and economic prosperity for Canadians and First Nation’s communities.
  • As a result, these projects are emerging as a vital part of Canada's energy future and a global solution to combatting climate change.
  • By exporting energy, Canada can assist other nations in transitioning towards cleaner energy sources and achieving their climate goals.

European Wellness and DXN Sign MoU to Establish World-Class Wellness Centre!

Retrieved on: 
Thursday, November 9, 2023

CYBERJAYA, Malaysia, Nov. 9, 2023 /PRNewswire/ -- European Wellness Biomedical Group (EW Group) has signed a Memorandum of Understanding with DXN Holdings Berhad (DXN) to jointly develop and establish a comprehensive wellness centre that draws from the extensive expertise and experience of both parties.

Key Points: 
  • CYBERJAYA, Malaysia, Nov. 9, 2023 /PRNewswire/ -- European Wellness Biomedical Group (EW Group) has signed a Memorandum of Understanding with DXN Holdings Berhad (DXN) to jointly develop and establish a comprehensive wellness centre that draws from the extensive expertise and experience of both parties.
  • Their goals align with DXN, one of the most established and globalised publicly-listed Malaysian companies in researching, producing, and marketing organic health and wellness products.
  • Together, they are in pole position to revolutionise the health and wellness industry.
  • A multi-award-winning European group comprising of multinational business divisions collectively operating in the emerging fields of bio-regenerative medicine.

European Wellness and DXN Sign MoU to Establish World-Class Wellness Centre!

Retrieved on: 
Thursday, November 9, 2023

CYBERJAYA, Malaysia, Nov. 8, 2023 /PRNewswire/ -- European Wellness Biomedical Group (EW Group) has signed a Memorandum of Understanding with DXN Holdings Berhad (DXN) to jointly develop and establish a comprehensive wellness centre that draws from the extensive expertise and experience of both parties.

Key Points: 
  • CYBERJAYA, Malaysia, Nov. 8, 2023 /PRNewswire/ -- European Wellness Biomedical Group (EW Group) has signed a Memorandum of Understanding with DXN Holdings Berhad (DXN) to jointly develop and establish a comprehensive wellness centre that draws from the extensive expertise and experience of both parties.
  • Their goals align with DXN, one of the most established and globalised publicly-listed Malaysian companies in researching, producing, and marketing organic health and wellness products.
  • Together, they are in pole position to revolutionise the health and wellness industry.
  • A multi-award-winning European group comprising of multinational business divisions collectively operating in the emerging fields of bio-regenerative medicine.

OMERS to invest US$400 Million for an indirect 5% stake in Maple Leaf Sports & Entertainment (MLSE)

Retrieved on: 
Monday, November 6, 2023

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- OMERS, one of Canada’s largest defined benefit pension plans, is acquiring a 5% indirect stake in Maple Leaf Sports & Entertainment (“MLSE”) for US$400 million (~C$546.8 million) through a 20% direct stake in Kilmer Sports Inc. (“KSI”), owned by MLSE Chair Larry Tanenbaum.

Key Points: 
  • TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- OMERS, one of Canada’s largest defined benefit pension plans, is acquiring a 5% indirect stake in Maple Leaf Sports & Entertainment (“MLSE”) for US$400 million (~C$546.8 million) through a 20% direct stake in Kilmer Sports Inc. (“KSI”), owned by MLSE Chair Larry Tanenbaum.
  • “Now with this investment by OMERS, I’m thrilled to be sharing this public trust with over 600,000 hard-working Ontarians.
  • In 1998, Tanenbaum was instrumental in the formation of MLSE, the pre-eminent leader in delivering top quality sports and entertainment experiences.
  • OMERS will be a financial investor and will not participate in operational decisions of MLSE or any of its teams.