Motus

The Car Rental Industry in South Africa: Ride-sharing, Car Subscriptions, Online Platforms and Digital Aggregators are Providing Car Rental Businesses with Alternative Revenue Streams - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024

The car rental industry has recovered since the pandemic in line with tourism and business travel.

Key Points: 
  • The car rental industry has recovered since the pandemic in line with tourism and business travel.
  • Car rental companies are looking at taking advantage of a growing trend of people renting rather than owning cars.
  • Ride-sharing, car subscriptions, online platforms and digital aggregators are providing car rental businesses with alternative revenue streams.
  • The outlook for the car rental industry is subject to local and global economic conditions, evolving customer preferences, technological advancements and global events.

Motus GI Holdings Publishes Positive Results from a European Study of the Second Generation Pure-Vu System in Improving Visualization for Colonoscopy in Patients with a History of Poor Bowel Preparation

Retrieved on: 
Tuesday, January 30, 2024

The Company’s Pure-Vu System is an FDA-approved and CE-certified bowel cleansing system (BCS) intended to increase visualization in inadequately prepared colons by offering intraprocedural cleansing.

Key Points: 
  • The Company’s Pure-Vu System is an FDA-approved and CE-certified bowel cleansing system (BCS) intended to increase visualization in inadequately prepared colons by offering intraprocedural cleansing.
  • “We are excited to see the positive results from this European study published in the UGE Journal, further building upon the extensive portfolio of study data and user experiences for the second generation Pure-Vu System.
  • This study concluded that adequate bowel cleaning can be achieved in patients with a history of inadequate bowel preparation by using the Pure-Vu System.
  • The study enrolled a total of 44 patients with previous poor bowel preparation (BBPS

DEKA Plays Its Poker Quad With Four New Laser Platforms at IMCAS Paris, the World Dermatology and Plastic and Aesthetic Surgery Congress

Retrieved on: 
Wednesday, January 31, 2024

With these new solutions DEKA transforms traditional dermatology laser technology paradigms, aesthetic medicine and dermatologic surgery, opening them to new practical frontiers.

Key Points: 
  • With these new solutions DEKA transforms traditional dermatology laser technology paradigms, aesthetic medicine and dermatologic surgery, opening them to new practical frontiers.
  • Talking specifically about the four DEKA novelties, TETRA PROTM carries on the success seen by the birth of the “CoolPeel®” treatment/phenomenon in the US.
  • 2 wavelengths, 1064 and 532 nm Q-Switched, and a third, 785nm, operating in the picosecond range, guarantee treatment efficacy and safety.
  • DEKA means reaching perfection and excellence and it is “10”, the perfect number according to the philosopher and mathematician Pythagoras.

Motus GI Announces First Upper GI Patient Procedure for FDA Cleared Pure-Vu® EVS Gastro

Retrieved on: 
Friday, November 10, 2023

FORT LAUDERDALE, Fla., Nov. 10, 2023 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc. (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company focused on improving endoscopic outcomes and experiences, announced today that the Pure-Vu® EVS Gastro was successfully used in the first procedure since receiving FDA clearance. The case was completed by Dr. Brian Hanson, Gastroenterologist and Associate Professor of Medicine, University of Minnesota.

Key Points: 
  • “It is exciting to clear the first procedure milestone so soon after receiving FDA clearance.
  • We look to forward to implementing the planned U.S. market introduction of the Pure-Vu EVS Gastro.
  • I was able to normally retroflex the scope with the Pure-Vu EVS Gastro attached, and use irrigation to clear the field of view,” commented Dr. Hanson.
  • Upper GI bleeds occurred in the U.S. at a rate of approximately 400,000 cases per year in 2019, according to iData Research Inc.

2024 IRS Business Mileage Rate of 67 Cents Informed by Motus Cost Data and Analysis

Retrieved on: 
Thursday, December 14, 2023

The Internal Revenue Service (IRS) has unveiled the 2024 business mileage standard rate of 67 cents, leveraging data provided by Motus, the leader in mobile workforce reimbursement solutions.

Key Points: 
  • The Internal Revenue Service (IRS) has unveiled the 2024 business mileage standard rate of 67 cents, leveraging data provided by Motus, the leader in mobile workforce reimbursement solutions.
  • For over four decades, the cost data and analysis provided by Motus have been the cornerstone of the IRS business mileage standard.
  • The 2024 business mileage standard rate increased to 67 cents from the 2023 mid-year adjustment of 1.5 cents and will go into effect January 1, 2024.
  • For more information about the IRS business mileage standard rate, mileage reimbursement and vehicle management options, please visit https://resources.motus.com/ .

Genera Announces $340+ Million Investment in Sustainable Biomaterials Campus

Retrieved on: 
Wednesday, December 6, 2023

Sustainable molded fiber and biomaterials company Genera announced today it has broken ground on the nearly $350 million expansion of its Sustainable Biomaterials Campus, enabling increased manufacturing, production and distribution operations.

Key Points: 
  • Sustainable molded fiber and biomaterials company Genera announced today it has broken ground on the nearly $350 million expansion of its Sustainable Biomaterials Campus, enabling increased manufacturing, production and distribution operations.
  • Genera proudly grows and makes all its products in the United States, offering supply chain transparency for brand owners, income streams for landowners and farmers, and domestic job creation.
  • “Genera has grown to become the largest domestic manufacturer of circular, compostable packaging solutions and this expansion will enable us to further scale and bring our sustainable packaging solutions to more brands and consumers,” said Ben Mascarello, CEO, Genera.
  • Genera is headquartered in Vonore, Tennessee, with an innovation center in Houston, Texas.

Motus Expands Leading Vehicle Reimbursement Solutions

Retrieved on: 
Wednesday, November 15, 2023

Motus , the definitive leader of vehicle reimbursement and risk mitigation solutions for businesses that rely on employees using their personal vehicles for work, today announced the latest expansion of its platform.

Key Points: 
  • Motus , the definitive leader of vehicle reimbursement and risk mitigation solutions for businesses that rely on employees using their personal vehicles for work, today announced the latest expansion of its platform.
  • With new enhancements that increase visibility and control, Motus continues to provide businesses the widest range of solutions to optimize total vehicle reimbursement spend across the enterprise.
  • To help enterprises manage the addition of new configurations to their existing reimbursement and driver safety programs, Motus further expanded its vehicle platform with enhanced program visibility capabilities.
  • More companies trust Motus to achieve their vehicle reimbursement business objectives and successfully manage changes that impact employees.

OmniTRAX Executive and Rail Industry Trailblazer Concludes Storied Career

Retrieved on: 
Monday, December 18, 2023

BROWNSVILLE, Texas, Dec. 18, 2023 /PRNewswire/ -- Brownsville & Rio Grande International Railway (BRG), an affiliate of the comprehensive supply chain, industrial development, and logistics solutions partner OmniTRAX – announces the retirement of BRG President and COO Norma Torres. In her 34 years of leadership, BRG carloads rose by more than 3,000%, paced by the addition of numerous Port of Brownsville customers that include Ternium, Vestas, Motus, and Bluewing Midstream.

Key Points: 
  • Joining the BRG as a customer service agent in 1989, Torres' career is as remarkable as the growth of the BRG.
  • With each new role, Torres charted new ground within the rail industry.
  • Starting her career at the Port of Brownsville in 1982, Norma has amassed more than 40 years of transportation industry and region expertise.
  • Among pioneering industry firsts, Torres became the first female executive within the OmniTRAX network, the first female to lead a domestic short-line, and first Latin American woman to lead a railroad.

Motus GI Amends Royalty Agreement

Retrieved on: 
Thursday, September 14, 2023

FORT LAUDERDALE, Fla., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company focused on improving endoscopic outcomes and experiences, announced today it has reached an agreement to amend the royalty payment rights and, subsequently, cancelled the royalty rights in exchange for an aggregate of 1,455,641 shares of Motus common stock, effective as of September 12, 2023. This represents an approximate exchange ratio of 13,233.23 shares of common stock for each 1.0% of the aggregate royalty amount.

Key Points: 
  • – Canceled royalty rights in exchange for common stock expected to improve Company’s stockholder equity, and simplify ongoing exploration of strategic and financing alternatives to maximize stockholder value –
    FORT LAUDERDALE, Fla., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company focused on improving endoscopic outcomes and experiences, announced today it has reached an agreement to amend the royalty payment rights and, subsequently, cancelled the royalty rights in exchange for an aggregate of 1,455,641 shares of Motus common stock, effective as of September 12, 2023.
  • This represents an approximate exchange ratio of 13,233.23 shares of common stock for each 1.0% of the aggregate royalty amount.
  • The cancellation of the royalty rights will result in an elimination of approximately $1.0 million in contingent royalty obligations from the Motus balance sheet, which is expected to help improve Motus’s stockholder equity.
  • “We appreciate the willingness of the requisite number of our royalty holders necessary to come to an agreement with the Company in order to amend their royalty rights and allow us to exchange shares of our common stock for the royalty rights.

Motus GI Appoints Medical Device Industry Veteran Scott Durbin to its Board of Directors

Retrieved on: 
Wednesday, September 6, 2023

FORT LAUDERDALE, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company focused on improving endoscopic outcomes and experiences, announced the appointment of Scott Durbin to the Company’s Board of Directors (the “Board”).

Key Points: 
  • FORT LAUDERDALE, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company focused on improving endoscopic outcomes and experiences, announced the appointment of Scott Durbin to the Company’s Board of Directors (the “Board”).
  • “We are excited to have Scott join our Board.
  • During this time, he established strong industry knowledge across the life sciences industry, including substantial therapeutic clinical development and global commercialization experience.
  • Prior to joining Vericel, Mr. Durbin was Chief Financial Officer, Chief Operating Officer and Secretary of Board at Prescient Medical.