Monthly Archives: February 2020

STOCKHOLDER ALERT: Monteverde & Associates PC is Investigating the Following Buyout

NEW YORK, NY / ACCESSWIRE / February 20, 2020 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating:

Cincinnati Bell Inc. (NYSE:(CBB) ("Cincinnati") relating to its sale to Charlie AcquireCo Inc. Under the terms of the sale, each share of Cincinnati common stock will be converted into the right to receive $10.50 in cash for each share of Cincinnati common stock owned. Click here for more information: https://www.monteverdelaw.com/case/cincinnati-bell-inc. It is free and there is no cost or obligation to you.
CSS Industries, Inc. (NYSE:CSS) relating to its sale to IG Design Group Americas, Inc. Under the terms of the agreement, CSS shareholders will have the right to receive $9.40 in cash for each share of CSS common stock owned. Click here for more information: https://www.monteverdelaw.com/case/css-industries-inc. It is free and there is no cost or obligation to you.
Anixter International Inc. (NYSE:AXE) related to the sale of the Company to WESCO International, Inc. Under the terms of the merger, Anixter common stock will be converted into the right to receive $70.00 in cash, 0.2937 shares of WESCO common stock, and 0.6356 depositary shares for each share of Anixter common stock owned. Click here for more information: https://www.monteverdelaw.com/case/anixter-international-inc-0. It is free and there is no cost or obligation to you.

About Monteverde & Associates PC

Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019 an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer.

If you own common stock in any of the above-listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

CONTACT:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2020 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE: Monteverde & Associates PC

ReleaseID: 577255

Jim Feldkamp Helps Readers Safeguard Their Information Online Through Insightful Cybersecurity Tips

ARLINGTON, VA / ACCESSWIRE / February 20, 2020 / A cybersecurity expert and specialist in international security, Jim Feldkamp holds an insightful perspective on efforts to safeguard information online. Below, he shares with readers a few key tips for protecting themselves against malicious online attacks and securing their private information when using the internet.

For years, Jim Feldkamp has worked on high-level security projects, which have helped him gain a critical understanding of topics like cybersecurity, vulnerabilities online, and common methods attackers use to exploit users. This insight allows him to strengthen security for both professional establishments and individuals, which is a growing concern around the world.

"Cyber warfare is a major issue for countless countries today with foreign powers relying on hackers and information thieves to gain an upper hand over their enemy," says Jim Feldkamp. "This can mean a world of trouble for the average American unless they safeguard their actions and information online. And there are a few easy-to-remember ways to do that successfully."

Use Only Strong Passwords

Jim Feldkamp tells us that strong passwords are those that are difficult to guess and which use a combination of letters, numbers, and other characters. Not every password has to be extremely complex or difficult to remember, he says, but shouldn't be made up of simple word combinations. He suggests that all passwords be at least eight characters long and that passwords aren't shared across different accounts. This way, they aren't as easy to find or to manipulate.

Keep Software Updated

Another proactive and simple way of warding off online attacks is to keep your computer and all protective software updated. Viruses and ransomware attacks can have a detrimental effect on anyone's life as these efforts can either destroy computers or else steal private information from them. The key is in patching outdated software or checking for updates on systems and applications, Jim Feldkamp says. These updates fortify online systems and helps seal off any entry points hackers or malware could use to confiscate private information.

Be Selective Where You Input Personal Information

There are countless places online that ask for personal information as simple as your first name or as in-depth as your credit card or social security number. It's wise to input this information only where it's absolutely necessary. Information shared online might fall into the hands of one or many hackers who regularly "phish" for things like phone numbers, emails, addresses, card numbers, personal identification numbers, and more. If you must share this information online, it's also wise to only do so on verified secure web pages.

Avoid Public Wifi, or Use a VPN

Jim Feldkamp says public wifi is one of the most vulnerable means of accessing the internet. It's possible for hackers to exploit unsecure networks and pull information from devices connected to it. If you must use public wifi, he suggests looking to Virtual Private Networks (VPNs) that allow users to log in anonymously online and protect their privately stored information.

"There are too many opportunities online for foreign agents to break into computers or smart devices and steal information for people not to take extreme measures to protect it," says Jim Feldkamp. "While this isn't a comprehensive list for protecting private information online, it is a great primer for navigating the internet without worry of being hacked or robbed."

CONTACT:

Caroline Hunter
Web Presence, LLC
+1 7865519491

SOURCE: Web Presence, LLC

ReleaseID: 577254

Universal Copper Ltd. Completes 3:1 Consolidation

VANCOUVER, BC / ACCESSWIRE / February 20, 2020 / Universal Copper Ltd. ("UNV", "Universal Copper" or the "Company") (formerly Tasca Resources Ltd.) (TSXV:UNV) is pleased to announce that pursuant to Directors' approval and TSX Venture Exchange acceptance, the Company has consolidated its capital on a three (3) old for one (1) new basis. (New Cusip Number 913454203).

The Company's name and symbol will remain unchanged.

Effective at the opening on Friday, February 21, 2020, the common shares of Universal Copper Ltd., will commence trading on the TSX Venture Exchange on a consolidated basis with a new Cusip number 913454203. The Company is classified as a ‘Mineral Exploration / Development' company. A letter of transmittal will be sent to all shareholders of record, a copy of which will be available under the Company's profile on www.Sedar.com.

Post Consolidation capitalization will consist of unlimited shares with no par value of which 12,784,091 shares are issued and outstanding. There are no shares held in Escrow.

Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: UNV (same)
CUSIP Number: 913454203 (new)

For additional information please visit the Company's website at www.universalcopper.com

ON BEHALF OF THE BOARD OF DIRECTORS

"Clive Massey"

Clive H. Massey
President & CEO

For further information, please contact:

Investor Relations
Phone: (604) 644-6794

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Universal Copper Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Universal Copper Ltd. management on the date the statements are made. Except as required by law, Universal Copper Ltd. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

###

SOURCE: Universal Copper Ltd.

ReleaseID: 577249

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of QD, GERN and LK

NEW YORK, NY / ACCESSWIRE / February 20, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Qudian Inc. (NYSE:QD)
Class Period: December 13, 2018 to January 15, 2020
Lead Plaintiff Deadline: March 23, 2020

The complaint alleges that during the class period Qudian Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) regulatory developments in China threatened to negatively impact Qudian's fiscal full-year 2019 ("FY19") financial results; (ii) Qudian's business was unprepared to mitigate the risks associated with these regulatory changes; (iii) as a result, Qudian's loan portfolio was plagued by growing delinquency rates; (iv) all of the foregoing made Qudian's repeated assertions concerning its FY19 financial guidance unrealistic; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in QD: http://www.kleinstocklaw.com/pslra-1/qudian-inc-loss-submission-form?id=5498&from=1

Geron Corporation (NASDAQ:GERN)
Class Period: March 19, 2018 to September 26, 2018
Lead Plaintiff Deadline: March 23, 2020

The filed complaint alleges that defendants misled investors regarding a drug called imetelstat, which was intended to treat certain cancers that occur in bone marrow. Specifically, defendants misled investors about the results of a clinical drug study of imetelstat called IMbark. That study was designed to ascertain whether imetelstat helped patients with a cancer called myelofibrosis.

Learn about your recoverable losses in GERN: http://www.kleinstocklaw.com/pslra-1/geron-corporation-et-al-loss-submission-form?id=5498&from=1

Luckin Coffee Inc. (NASDAQ:LK)
Class Period: November 13, 2019 to January 31, 2020
Lead Plaintiff Deadline: April 13, 2020

The LK lawsuit alleges Luckin Coffee Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) certain of Luckin's financial performance metrics, including per-store per-day sales, net selling price per item, advertising expenses, and revenue contribution from "other products" were inflated; (ii) Luckin's financial results thus overstated the Company's financial health and were consequently unreliable; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in LK: http://www.kleinstocklaw.com/pslra-1/luckin-coffee-inc-loss-submission-form?id=5498&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 577250

Imagin Medical to Report First Fiscal Quarter 2020 Financial Results on February 27, 2019 – Conference Call To Follow

VANCOUVER, BC and BOSTON, MA / ACCESSWIRE / February 20, 2020 / Imagin Medical (CSE:IME) (OTCQB:IMEXF) (Frankfurt & Stuttgart Symbol: DPD2) ("Imagin" or the "Company") announced today that its financial results for the first fiscal quarter ended December 31, 2019, will be released after market close on Thursday, February 27, 2020.

Imagin management will host a conference call at 5:00 p.m. ET to review the financial results and discuss business developments in the period.

Fiscal First Quarter 2020 Results Conference Call Details:

Date: February 27, 2020
Time: 5:00 p.m. ET
Live Call: 844-369-8770 (Canada and the United States)
862-298-0840 (International)
Replay: 877-481-4010
Replay ID: 33144

The call will also be broadcast live and archived on the Company's website at www.imaginmedical.com under "Events & Presentations."

About Imagin Medical

Imagin Medical is a surgical imaging company focused on advancing new methods of visualizing cancer during minimally invasive procedures. The Company believes its first product, the i/Blue™ Imaging System, with its proprietary optics and light sensors, will greatly increase the efficiency and accuracy of detecting cancer for removal, helping to reduce recurrence rates. The Company's initial focus is bladder cancer. Learn more at www.imaginmedical.com.

Forward-Looking Statement

Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward- looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Specifically, there is no assurance the Company's imaging system will work in the manner expected. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.

Contacts:

Stephen Kilmer, Investor Relations
Telephone: 647-872-4849
Email: stephen@kilmerlucas.com

Jim Hutchens, President & CEO
Telephone: 833-246-2446

SOURCE: Imagin Medical

ReleaseID: 577237

Tell the Winning Story Trial Skills May Workshop Hosted By The Bussey Law Firm

COLORADO SPRINGS, CO / ACCESSWIRE / February 20, 2020 / Jesse Wilson, a renowned communications expert, and trial skills consultant, is presenting a two-day workshop in Colorado Springs this May. Sponsored by The Bussey Law Firm, the event is geared toward trial lawyers who wish to improve their presence in the courtroom. A master storyteller and Juilliard-trained actor and director, Wilson, founder, and CEO of Tell the Winning Story, will teach attendees how to harness the secrets of the theater to master trial skills in what he refers to as "the fundamentals of breakthrough communication."

Tell the Winning Story has for years been one of the law community's greatest not-so-secret weapons. Jesse Wilson has helped numerous firms improve their communication skills in the courtroom and beyond through high-impact presentations and collaborative, hands-on training. Recent highlights of Tell the Winning Story's history was its contribution to a $45 million win for a drunk driving wrongful death case and a $90 million win involving Werner Trucking.

Wilson's CLE Trial Skills Workshops, including the one in May, are designed for lawyers of all specialties, including criminal defense, personal injury, and medical malpractice.

In the trial skills workshop, attendees learn to "dig in" to "their personal truths, imagination, and courage" in order to make the powerful emotional connection to inspire and motivate as a master storyteller.

"The true power of a story always comes from inside us, the storyteller. And the path to developing a winning story begins with the trial lawyer owning their own story," Wilson said. "Tell The Winning Story provides attorneys the difference between telling a ‘hidden, safe, surface story,' and powerfully connecting to a story that goes right to the heart of their audience, which is the judge and jury."

"The foundation for your power as a great communicator already exists. You have a rhythm and style all your own," reads Tell the Winning Story's trial skills workshop description. "It is the intent of this workshop to broaden your range and greatest potential as a communicator in the telling of your client's stories and command the courtroom stage."

Space is limited to 20 lawyers. To sign up or learn more, click here.

To learn more about Tell the Winning Story and the newly-released "The 8 Fundamentals of Breakthrough Communication," available on Trial Guides, visit the website: https://www.tellthewinningstory.com/the-8-fundamentals-of-breakthrough-communication/

CONTACT:

Caroline Hunter
Web Presence, LLC
+1 7865519491

SOURCE: Web Presence, LLC

ReleaseID: 577246

Robert McDougal of Orange County Discusses Full Submersion to Get ESL Students to Start Thinking in English

ORANGE COUNTY, CA / ACCESSWIRE / February 20, 2020 / Thinking in English is easy for most of us since that's the only way we know how to think, but for those born and raised speaking a different language, it might seem almost impossible. However, Robert McDougal of Orange County says certain methods of teaching ESL classes can help learners make the transition faster.

"I've had students," Robert McDougal of Orange County begins, "who have to stop and think before they speak each time." This isn't an ideal situation as the goal is not memorization nor translation of certain words. "The goal is to become so immersed in the English language that even thinking in English becomes second nature," he says. "We don't want them to have to translate in their heads," he explains, "since it really slows down everything." Robert McDougal says this is mainly because not every word translates over to English smoothly. For this reason, Robert McDougal recommends ESL classrooms use the full submersion method instead.

The full submersion method is one in which English is the only language allowed in the classroom. This is something that's been long debated, Robert McDougal of Orange County says, but it's obvious that using only English in his lessons is a big part of what has made his classes so effective. He reports he can only recall 2 times over the past 6 years in which he's had to revert to a student's native language. "It does help the student learn the language more fully," he adds, "since the students know they can't use their native tongue." Robert McDougal points out that although this method may take a little longer for some, most students come away at the end of it with a much stronger grasp of English.

Another tactic Robert McDougal of Orange County advises when teaching is to use this method with a lot of action. "When you associate activities with the word that corresponds with it, it's reinforcing what they're learning," he says. "For example, if I'm talking about the concept of open and close, I'll use a door or a drawer."

Robert McDougal of Orange County also likes to use emotion to get the point across. "Sometimes, I exaggerate my emotions for the class which gets a lot of laughs." He explains, "it's a lot more enjoyable when it's entertaining, and it's a lot more memorable for the student." He also uses props in his class to get his point across, such as pictures, drawings, models, flashcards, and anything else he can find. Robert McDougal says this is just a small part of what goes into a great ESL class. "It's a great feeling when you know you have helped someone finally breakthrough to understanding the language," he says.

Robert Bouton McDougal of Orange County is a seasoned educator and language learning expert in Costa Mesa, CA. With a bachelor's degree and a master's degree in English Language Learning, TESOL certification, and a robust teaching history across the U.S. and Central America, Robert McDougal has years of experience helping non-native English speakers learn to speak English. Robert McDougal of Orange County approaches every classroom and tutoring challenge with optimism and perseverance. If you are seeking a private English tutor for yourself or a loved one, Robert Bouton McDougal is a trained professional with the combined years of education and experience to put you on the fast track to fluency.

CONTACT:

Caroline Hunter
Web Presence, LLC
+1 7865519491

SOURCE: Web Presence, LLC

ReleaseID: 577238

Willow Oak Asset Management Releases Fourth-Quarter Letter to Shareholders

NEW YORK, NY / ACCESSWIRE / February 20, 2020 / Willow Oak Asset Management, LLC ("Willow Oak Asset Management" or "Willow Oak") today released a letter to shareholders including a review of activities in the fourth quarter of 2019.

The full letter can be viewed here: bit.ly/woamq4.

Willow Oak is a wholly owned subsidiary of Enterprise Diversified, Inc. (OTCQB:SYTE). Additional information can be found at willowoakfunds.com.

About Willow Oak Asset Management, LLC

Willow Oak Asset Management, LLC is a wholly owned subsidiary of Enterprise Diversified, Inc. Willow Oak is a flexible platform of private investment partnerships that are independently run by unique internal and external fund managers uncovering uncommon opportunities. Willow Oak offers operational support to our fund partners through tailored fund management services.

About Enterprise Diversified, Inc.

Enterprise Diversified, Inc. is primarily focused on partnering with alternative asset managers in addition to holding interests in companies associated with internet access, real estate, and home services. Copies of Enterprise Diversified's press releases and additional information about the company are available at enterprisediversified.com.

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. These statements are not guaranties of future performance, and actual results may differ materially from those forecasted.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "anticipate," "intends," "estimate," "forecast," "project," "plan," "potential," "may," "should," "expect," "pending," and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs, or projections.

Contact:

Jessica Greer
(434) 336-7737
info@willowoakfunds.com

SOURCE: Enterprise Diversified, Inc.

ReleaseID: 577197

Organto Announces Record Fourth Quarter and Fiscal 2019 Revenues

Announces Investor Update Call for Monday, February 24th at 11:00 am EST

VANCOUVER, BC / ACCESSWIRE / February 20, 2020 / Organto Foods Inc. (TSXV:OGO)(OTC:OGOFF) ("Organto" or "the Company"), an integrated provider of fresh organic vegetables and fruits today announced expected record revenues for the fourth quarter and fiscal year ended December 31, 2019. In addition, Organto announced it will be hosting an investor call on Monday, February 24, 2020 at 11:00 am EST, to update on current market conditions, ongoing operations and plans for the future.

Fourth Quarter 2019 Revenue Guidance

The quarter ended December 31, 2019 saw record fourth quarter revenues of approximately CDN $1.5 to CDN $1.6 million, an increase of approximately 45% versus the same quarter in the prior year. Fourth quarter revenues were driven by sales of organic asparagus, avocado, mangos and other fruits and vegetables, which were sold to a diverse customer base of traditional retailers, specialty organic retailers, food service and distributors located in the Netherlands, U.K., Germany, France, Spain, Russia, Sweden, Norway and Denmark. Gross margins are expected to be significantly improved versus the prior year, as a result of Organto's reengineered business model.

"We are very pleased with our projected record fourth quarter revenues which reflect the efforts we have made to reposition our business in the fast-growing fresh organic vegetables and fruits category. We believe the opportunity in organic vegetables and fruits is very strong as the global trend towards healthy eating and wellness continues to drive growing demand on a global basis." commented Rients van der Wal, Chief Operating Officer of Organto and CEO of Organto Europe B.V. "We continue to build out our operating platform and expand our customer base as we add new supply sources to meet market demands, and as a result, we believe we are well-positioned to take advantage of the growing health and wellness opportunity." added Mr. Van der Wal.

Fiscal 2019 Revenue Guidance

Revenues for the year ended December 31, 2019 will also be an annual revenue record for Organto with revenues expected in the range of approximately CDN $3.65 to CDN $3.75 million1, an increase of approximately 140% versus the prior year. The majority of revenues in fiscal 2019 were realized in the last two quarters of the year as the Company's repositioned business model gained traction in the third quarter, leading to increases in both revenue and margins. Gross margins are expected to be approximately 6% for Fiscal 2019 versus -38% for Fiscal 2018 as our business continued to grow in the back half of the year.

1 Forecast is based on shipping a variety of organic and conventional products including avocados, berries, asparagus and other products with an average sales price ranging from CDN$4-$11/kilo of sold product. We anticipate sourcing products from numerous suppliers and countries including, but not limited to, México, Perú, Argentina, Zimbabwe and other countries.

Over the past eighteen months, Organto has repositioned its organic foods platform shifting from an asset heavy, single revenue stream business model, to an asset light, multi-stream business model. The Company has made important progress in executing its plans including exiting Company-owned growing operations, selling its processing facilities in Guatemala and exiting Company operated packaging operations in the Netherlands, all in favor of strategic sourcing arrangements with grower partners in Peru, Argentina, Colombia, Morocco, Mexico, Zimbabwe and others and third party processing and packaging arrangements with globally positioned strategic partners. Organto has also streamlined its cost base and expanded its product offering from high-value organic vegetables including organic green beans, sugar snaps and snow peas to other value-added organic and conventional vegetables and fruits including asparagus, avocado, blueberries, mango and other products. Organto continues to pursue new strategic supply sources around the globe as it works to complete year-round supply of its core product offerings and also bring new complimentary products to its existing portfolio.

Investor Update Call – Monday, February 24, 2020 at 11:00 AM EST

Organto plans to host a conference call at 11:00 AM EST on Monday, February 24, 2020 to discuss current market conditions, ongoing operations and plans for the future. After opening remarks there will be a question and answer period. This call may be accessed through one of the following numbers:

U.S.: +1 929 436 2866
U.K.: +44 203 481 5237
Germany: +49 695 050 2596

Canada: +1 647 558 0588
Netherlands: +31 20 794 0854

Please enter the following Meeting ID#459706742. Alternatively, you can enter the Zoom portal by the following link at https://zoom.us/j/459706742.

ON BEHALF OF THE BOARD,

Steve Bromley
Chair and Interim Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For more information contact:

Investor Relations
604-634-0970
1-888-818-1364
info@organto.com

ABOUT ORGANTO

Organto's business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people and its shareholders. The Organto Foods Group is an integrated provider of year-round value-added branded organic vegetables and seasonal organic and non-GMO fruit and vegetable products using an asset-light business model to serve a growing socially responsible and health conscious consumer around the globe.

FORWARD LOOKING STATEMENTS

This news release may include certain forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward-looking statements"). In particular, and without limitation, this news release contains forward-looking statements respecting Organto's business model and markets; Organto's integrated supply capabilities and plans to continue to develop and expand these capabilities; Organto's belief that the opportunity in organic vegetables and fruits is very strong as healthy eating and wellness grows on a global basis; Organto's belief that as a result of repositioning the Company is well-positioned to capture the growing markets opportunity; Organto's expectation that revenues in the fourth quarter will be in the range of CDN $1.5 to CDN $1.6 million, representing a fourth quarter revenue record for the Company; Organto's expectation that revenues for fiscal 2019 will be in the range of CDN $3.65 to CDN $3.75 million, representing an annual revenue record for the Company; Organto's expectation that gross margins for the fourth quarter will be significantly improved versus the prior year; management's beliefs, assumptions and expectations; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions about the following: the ability and time frame within which Organto's business model will be implemented and product supply will be increased; cost increases; dependence on suppliers, partners and contractual counter-parties; changes in the business or prospects of Organto; unforeseen circumstances; risks associated with the organic produce business generally, including inclement weather, unfavorable growing conditions, low crop yields, variations in crop quality, spoilage, import and export laws and similar risks; transportation costs and risks; general business and economic conditions; and ongoing relations with distributors, customers, employees, suppliers, consultants, contractors and partners. The foregoing list is not exhaustive and Organto undertakes no obligation to update any of the foregoing except as required by law.

SOURCE: Organto Foods Inc.

ReleaseID: 577099

Akeneo Hires Adobe Veteran as VP of Strategy and Growth

Kristin Naragon to spearhead PXM leader's global expansion.

BOSTON, MA / ACCESSWIRE / February 20, 2020 / Akeneo, a global leader in Product Experience Management (PXM) solutions for corporate brands and retailers, today announced the appointment of enterprise software veteran Kristin W. Naragon as VP of strategy and growth. The former head of go-to-market strategy for Adobe's marketing automation offering, Naragon will report directly to Akeneo CEO, Fred de Gombert, using her extensive experience in the industry to accelerate both organic and inorganic global growth opportunities.

Naragon's addition to Akeneo's executive team comes amid a period of rapid global expansion following Akeneo's completion of a $46M strategic fundraising round in September 2019 and its being named a "Leader" in the 2019 IDC MarketScape on PIM. In addition to driving new business opportunities, Naragon will lead Akeneo's strategic growth programs, from product marketing to corporate development and partnership strategy. Naragon will also drive the adoption of new and existing product functionality including Franklin, Akeneo's AI-powered product data intelligence tool. Franklin automates the tedious process of product-information curation and enrichment, a common pain point for retailers and brands.

Prior to joining Akeneo, Naragon spent nearly 7 years at Adobe, leading go-to-market strategies, product marketing, and strategic channel partnership programs for a variety of high-growth business units. Before that, she was the strategic alliance manager at Neolane, the global conversational marketing provider acquired by Adobe in 2013.

"At Akeneo, our product offering, customers, and vast open source community allow us to set a new standard in product experience management for both B2B and B2C companies," said Naragon. "Digital transformation demands a clear focus on centralized, contextualized, and accessible product information. In my time at Adobe, I saw the power of investing in customer experience management, and the impact that product information can have in accelerating that transformation."

"Kristin is a highly consummate professional with an exceptional track record in driving business expansion, customer success, and strategic partnerships for high-growth enterprise software companies," said Fred de Gombert, Akeneo CEO. "Our whole team is very excited to have her join us as we bring Akeneo's #1 open-source enterprise PIM solution to even more enterprise clients, expand our partner programs, and accelerate market adoption of our groundbreaking offering."

About Us

About Akeneo:

Akeneo is a global leader in Product Experience Management (PXM) solutions that help merchants and brands deliver a compelling customer experience across all sales channels, including eCommerce, mobile, print, and retail points of sale. Akeneo's open-source enterprise PIM, and product data intelligence solutions, dramatically improve product data quality and accuracy while simplifying and accelerating product catalog management.

Leading global brands, including Sephora, Fossil, Shop.com, and Auchan trust Akeneo's solutions to scale and customize their omnichannel and cross-border commerce initiatives. Using Akeneo, brands and retailers can improve customer experience, increase sales, reduce time to market, go global, and boost team productivity.

Contact:

David Wamsley 
4152599104
dave@rosebudpr.io  

SOURCE: Akeneo

ReleaseID: 576548