Monthly Archives: June 2020

Zarwin Baum Gears up to Participate in the 2020 Philalympics

Zarwin Baum DeVito Kaplan Schaer Toddy P.C. Law Firm Continues Long Tradition of Assisting Ronald McDonald House in PA

PHILADELPHIA, PA / ACCESSWIRE / June 19, 2020 / Ronald McDonald has a long history of helping families of hospitalized children with housing, practical support, and other forms of assistance. The charity, which got its start in Philadelphia, Pennsylvania, in 1974, now operates in well over five dozen nations and regions, offering houses, family rooms, and Care Mobile services to people of all ages and walks of life. Zarwin Baum is proud to be a long-term donor and participant in Ronald McDonald's programs and is gearing up to help sponsor Ronald McDonald's Philalympics event this year.

What is the Philalympics?

The Philalympics is an event in which corporate teams sign up to compete in games and events such as trivia, jump rope, tricycle races, and other team cooperation activities. The winning team is crowned the "Phunnest" and all proceeds from the event are donated to Ronald McDonald families in the Philadelphia area. The 2020 Philalympics is tentatively scheduled for August 26, 2020. It's a one-day event with all competitions and award ceremonies taking place in the afternoon.

There are several ways in which companies can sponsor the upcoming Philalympics event. Some companies opt to donate the money from the corporate budget; in other instances, company employees work together to raise funds for their participation in the event. Corporate sponsors can opt to become Gold Team Sponsors, Silver Team Sponsors, or Bronze Team Sponsors. Each package comes with its own benefits and perks as well as spectator tickets so family members and friends of employees taking part in the event can join in the fun. This year, the Ronald McDonald Philalympics is aiming to raise $50,000.

Zarwin Baum Philalympics Sponsorship

Zarwin Baum DeVito Kaplan Schaer Toddy P.C. Law Firm was one of the founders of the Philalympics event and has been an active participant since the event's inception. Working together with other leading Philadelphia companies, the firm not only sponsors the event, but also encourages other local companies to join in the fun. In 2017, the event set a record by raising over $55,000 for the Ronald McDonald House in Philadelphia, which Zarwin Baum expects to break this year as the official page for the event has a goal of raising $50,000. As of June 10, no money has been raised although donations are certainly expected from long-term sponsors such as Zarwin Baum.

"The Philadelphia Ronald McDonald House is an institution in our city," said Zarwin Baum managing shareholder Mitchell S. Kaplan. "It is amazing to see local companies respond, give back, and work together as well as against each other in a little friendly competition during the Philalympics, to ensure the success of such an incredible cause." Photos of the Zarwin Baum team geared up and ready to participate in the event make it clear that the sponsorship isn't just about helping those in need, although that's certainly an important part of it. Company participants enjoy their time together as they work with their colleagues to overcome a range of challenges. What is more, the event provides networking opportunities for local companies that come together to make their part of Pennsylvania a better place.

How are the Philalympic Funds Used?

All the money raised from the Philalympic annual competitions is donated to Ronald McDonald House Charities of the Philadelphia Region. The money is used for the charity's programs in the city.

Zarwin Baum and Ronald McDonald

Participating in the annual Philalympics competition isn't the only way in which Zarwin Baum helps Ronald McDonald reach its mission goals. The firm's employees have also participated in Ronald McDonald's "Guest Chef Night", cooking dozens of meals for families and Ronald McDonald volunteers. The meals not only offer nourishment but also as an encouragement to stressed-out families caring for one or more sick children and busy volunteers who spend their days helping families of hospitalized children. Zarwin Baum also uses its August Denim Day to support Ronald McDonald houses throughout the city.

Zarwin Baum Calls for Help

Zarwin Baum puts a premium on community service and attorneys from the firm serve as board and/or committee members not just for Ronald McDonald, but also for other charities in the Greater Philadelphia area. The Ronald McDonald has a special place in Zarwin Baum's heart as the firm's attorneys continually look for ways to help Ronald McDonald with its important work of assisting Philadelphia families during difficult times.

Zarwin Baum is officially asking other local companies to join the action and participate not just in the upcoming Philalympics but also other programs and fundraising events that Ronald McDonald is organizing in 2020 to raise funds for its cause.

Ronald McDonald House Charities of the Philadelphia Region receives 90% of the funding it needs from corporate sponsorships. Without the assistance of generous corporate sponsors in the local area, families with children in the hospital would have to struggle with grocery shopping, finding hotel accommodations, and making important medical decisions while trying to figure out how to pay hotel bills. That is why Zarwin Baum is not only committing to participate in the upcoming Philalympics challenge, but also encouraging other companies to do so as well. The event has had as many as twenty local teams, but there is room for plenty more as there are undoubtedly plenty of local businesses that have yet to discover all that the Philalympics has to offer. As Zarwin Baum attorneys and others spread the word, there is hope that the event will break records in terms of funds raised so that Ronald McDonald can continue the great work it does in the Philadelphia region.

CONTACT:

Valerie Burns
Zarwin Baum DeVito Kaplan Schaer Toddy P.C. Law Firm
(215) 569-2800

SOURCE: Zarwin Baum Law Firm

ReleaseID: 594477

Galaxy Next Generation Awarded Approximate $100,000 Contract for Bell and Intercom System

Ongoing Business with Thompson County School District, Colorado

TOCCOA, GA / ACCESSWIRE / June 19, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce an approximate $100,000 contract award to install a new Bell and Intercom system.

The install is expected to be completed this summer for Stansberry Elementary school in Thompson, Colorado.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "We continue to execute on our land and expand sales and marketing strategy, as we further penetrate additional schools and products for Thompson County School District in Colorado. Their administration, faculty, parents and students share our vision for a total in-class, school and district-wide solution and we continue to ramp our efforts with them."

About Galaxy Next Generation, Inc.

Galaxy Next Generation (OTCQB:GAXY) is a provider of interactive learning technology solutions that allows the presenter and participant to engage in a fully collaborative instructional environment. Galaxy's products include Galaxy's own private-label interactive touch screen panel as well as numerous other national and international branded peripheral and communication devices. Galaxy's distribution channel consists of 22+ resellers across the U.S. who primarily sell the Company's products within the commercial and educational market. Galaxy does not control where resellers focus their resell efforts, although generally, the K-12 education market is the largest customer base for Galaxy products – comprising nearly 90% of Galaxy's sales.

For additional information, please visit our website at: www.galaxynext.us

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investors Contact:

IR@GalaxyNext.us
p888-859-1274

SOURCE: Galaxy Next Generation, Inc.

ReleaseID: 594474

Spark Energy Announces Final Results of Its Tender Offer

HOUSTON, TX / ACCESSWIRE / June 19, 2020 / Spark Energy, Inc. (NASDAQ:SPKE)(NASDAQ:SPKEP) (including its subsidiaries, "we," "our," "us," "Spark" or the "Company") announced today the final results of its tender offer to purchase up to 1,000,000 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock" or the "shares"), at a purchase price of $22.00, in cash, less applicable withholding taxes and without interest. The offer expired at 11:59 p.m., New York City time, on Tuesday, June 16, 2020.

Spark has accepted for purchase 36,827 shares of the Series A Preferred Stock at a purchase price of $22.00 per share, for an aggregate purchase price of approximately $810,194. These shares represented approximately 1% of the Company's outstanding Series A Preferred Stock as of June 18, 2020.

Based on the final tabulation by American Stock Transfer & Trust Company, LLC, the depositary for the tender offer, approximately 36,827 shares of the Series A Preferred Stock were properly tendered and not properly withdrawn.

The depositary will promptly issue payment for the shares properly tendered and accepted for purchase and will return all other shares tendered.

Spark may, in the future, decide to purchase additional shares in the open market subject to market conditions and private transactions, tender offers or otherwise subject to applicable law. Any such purchases may be on the same terms as, or on terms that are more or less favorable to holders of Series A Preferred Stock than, the terms of the offer. Whether Spark makes additional repurchases in the future will depend on many factors, including but not limited to its business and financial performance, the business and market conditions at the time, including the price of the shares, and other factors Spark considers relevant.

MacKenzie Partners, Inc. acted as the information agent for the tender offer. American Stock Transfer & Trust Company, LLC is the depositary for the tender offer.

NEWS RELEASE FOR INFORMATIONAL PURPOSES ONLY

This news release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any shares of the Company's Series A Preferred Stock. The offer was made solely by the Offer to Purchase and the related Letter of Transmittal, as amended or supplemented.

FORWARD-LOOKING STATEMENTS

This release contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond our control. These forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") can be identified by the use of forward-looking terminology including "may," "should," "likely," "will," "believe," "expect," "anticipate," "estimate," "continue," "plan," "intend," "project," or other similar words. All statements, other than statements of historical fact included in this release, regarding strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans, objectives and beliefs of management are forward-looking statements. Forward-looking statements appear in a number of places in this release and may include statements about expected impacts of COVID-19, business strategy and prospects for growth, customer acquisition costs, ability to pay cash dividends, cash flow generation and liquidity, availability of terms of capital, competition and government regulation and general economic conditions. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we cannot give any assurance that such expectations will prove correct.

The forward-looking statements in this release are subject to risks and uncertainties. Important factors that could cause actual results to materially differ from those projected in the forward-looking statements include, but are not limited to:

potential risks and uncertainties relating to the ultimate impact of COVID-19, including the geographic spread, the severity of the disease, the duration of the COVID-19 outbreak, actions that may be taken by governmental authorities to contain the COVID-19 outbreak or to treat its impact, and the potential negative impacts of COVID-19 on the global economy and financial markets;
changes in commodity prices;
the sufficiency of risk management and hedging policies and practices;
the impact of extreme and unpredictable weather conditions, including hurricanes and other natural disasters;
federal, state and local regulation, including the industry's ability to address or adapt to potentially restrictive new regulations that may be enacted by public utility commissions;
our ability to borrow funds and access credit markets;
restrictions in our debt agreements and collateral requirements;
credit risk with respect to suppliers and customers;
changes in costs to acquire customers as well as actual attrition rates;
accuracy of billing systems;
our ability to successfully identify, complete, and efficiently integrate acquisitions into our operations;
significant changes in, or new charges by, the ISOs in the regions in which we operate;
competition; and
the "Risk Factors" in our latest Annual Report on Form 10-K for the year ended December 31, 2019, in our Quarterly Reports on Form 10-Q, and other public filings and press releases.

You should review the risk factors and other factors noted throughout or incorporated by reference in this release that could cause our actual results to differ materially from those contained in any forward-looking statement. All forward-looking statements speak only as of the date of this release. Unless required by law, we disclaim any obligation to publicly update or revise these statements whether as a result of new information, future events or otherwise. It is not possible for us to predict all risks, nor can we assess the impact of all factors on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

ABOUT SPARK ENERGY

Spark Energy, Inc. is an independent retail energy services company founded in 1999 that provides residential and commercial customers in competitive markets across the United States with an alternative choice for their natural gas and electricity. Headquartered in Houston, Texas, Spark currently operates in 19 states and serves 94 utility territories. Spark offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives.

We use our website as a means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD. Investors should note that new materials, including press releases, updated investor presentations, and financial and other filings with the Securities and Exchange Commission are posted on the Spark Energy Investor Relations website at ir.sparkenergy.com. Investors are urged to monitor our website regularly for information and updates about the Company.

Contact: Spark Energy, Inc.

Investors:
Mike Barajas, 832-200-3727

Media:
Kira Jordan, 832-255-7302

SOURCE: Spark Energy, Inc. via EQS Newswire

ReleaseID: 594450

Spark Power Secures Additional Liquidity, Positioned Well to Exit Covid-19 Crisis

OAKVILLE, ONTARIO / ACCESSWIRE / June 19, 2020 / Spark Power Group Inc. (TSX:SPG), parent company of Spark Power Corp. ("Spark Power" or the "Company"), is pleased to announce that it has formally signed its revised financing agreement with its banking partner, the Bank of Montreal ("BMO") and has secured additional liquidity through both US and Canadian federal wage subsidy programs.

"We are fortunate to have such a committed and supportive partner in BMO, who understands our business goals, believes in our management team and strategy, and continues to provide the necessary support for our financial and operational flexibility," said Eric Waxman, CIO, Spark Power Corp. "Their continued commitment to our business has served us well through the pandemic and is now supporting us as we return to the growth trajectory we had established in the three quarters preceding COVID-19."

The amended agreement with BMO is focused on providing additional liquidity for the Company primarily through the expansion of current borrowing capacity, principal payment deferral, and covenant relief. The Company has also applied for and received wage subsidies from the US and Canadian governments. In late April, the Company received support for its US businesses through the Paycheck Protection Program ("PPP"), and confirms that it has received its first payment under the Canadian Emergency Wage Subsidy Program ("CEWS") for Period 2 (April 12-May 9) and will also qualify to receive the CEWS subsidy for Period 3 (May 10-June 6) and Period 4 (June 7-July 4). The banking amendments and wage subsidies coupled with aggressive but measured reductions in variable overhead costs and capital spending will provide the Company with sufficient liquidity to manage through the current crisis. It also provides the operational flexibility required to fund the expected working capital demands as the Company ramps up to support its customers' return to business in the coming months.

"In March, as the potential impacts of COVID-19 on everyday life, the economy, and business practices became clearer, we made liquidity management a key priority for the Company," said Dan Ardila, CFO, Spark Power Corp. "We took significant operational actions, but I am also very pleased that we commenced discussions and negotiations with our lender early-on in the crisis. In doing so, together with the support we are receiving under both PPP and CEWS, not only have we survived the pandemic, but we are in great shape to exit this crisis and continue our mission to be North America's Trusted Partner in Power™."

About Spark Power

Spark Power is the leading independent provider of end-to-end electrical contracting, operations and maintenance services, and energy sustainability solutions to the industrial, commercial, utility, and renewable asset markets in North America. We work to earn the right to be our customers' Trusted Partner in Power™. Our highly skilled and dedicated people, located in the communities we serve, combined with our knowledge of the power industry, technology expertise, and commitment to safety, ensures we deliver the right solutions that keep our customers' operations up and running today and better equipped for tomorrow. Learn more at www.sparkpowercorp.com.

Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect Spark Power's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on Spark Power's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the execution of its COVID-19 exit strategy and return to business plans by Messrs. Waxman and Ardila.

The forward-looking statements in this news release are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Several factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, Spark Power assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Media Inquiries:
Natasha McNabb, Corporate Communications Specialist
nmcnabb@sparkpowercorp.com
+1 (289) 259-4399

Financial and Investor inquiries:
Dan Ardila, Chief Financial Officer
investors@sparkpowercorp.com
+1 (905) 829-3336 x127

SOURCE: Spark Power Group Inc.

ReleaseID: 594460

Quanta Announces First Quarter 2020 Results

BURBANK, CA / ACCESSWIRE / June 19, 2020 / Quanta, Inc. (OTC PINK:QNTA), an applied sciences company based on a quantum biology platform that significantly boosts the potency and efficiency of any plant-based matter, today announced that it has filed its March 31, 2020 10-Q with the SEC, in compliance with the 45-day COVID-19 related extension period granted under SEC Section 36 of the Securities Act of 1934.

First Quarter 2020 Highlights:

Total revenues grew to $357,000, representing a year-over-year increase of 55% and relatively flat compared to fourth quarter of 2019
Gross Margin of 93.7% compared to 74.3% year-over-year due to production efficiencies
Cash used in operations was $451,000 compared to $52,000 in the prior year's period
$284,000 in net debt as of 3/31/2020
New manufacturing and shipping facility brought on-line

Subsequent to Quarter End:

Raised approximately $825,000 in debt and equity funding from accredited investors to refund high-cost debt and add to total cash availability
Applied for and received $294,000 in COVID-19 relief funding
Announced first distribution agreement with regional distributor
Announced first commercial licensing deal with RST Sanexas for Quanta Muscle Rub
Announced exceptional testing results for polarized Vitamin A, C, and Alginic Acid that will form the basis of Quanta's future skincare products

Eric Rice, Chief Executive Officer of Quanta commented, "We're extremely happy with the efforts of our team here at Quanta during the challenging conditions brought on by the global pandemic of COVID-19. While order rates for our products, particularly at the wholesale level, softened towards the end of the quarter due to "shelter in place" and other COVID-19 related demand impact, we saw excellent progress in the quarter on a number of fronts, and are seeing sales activity gradually increase again. We added senior level, accomplished talent to the team, advanced our research on non-CBD-based products, continued to forge partnerships to validate and bring our technology to the market, and took steps to strengthen our balance sheet with new capital."

"The massive increase in ATP production by the human body that our polarized Vitamin A (Retinal) promotes when applied to human skin, as we announced in May, has captured the attention of a number of large consumer-brands and distributors. We are moving forward with the launch of a variety of Non-CBD cosmetic and health care products such as after-sun and healthy skin and body lotions, anti-aging facial creams, and protective and soothing lip balms. Additional testing and ingredients are planned for the remainder of the year, and we're looking forward to a year of growth, both in on-line (direct-to-consumer) sales and through current and new distribution partnerships."

The March 31, 2020, 10-Q filing in full with financial tables is accessible at www.sec.gov.

About Quanta:

Quanta, Inc. ("Quanta") is a cutting-edge technology platform whose patented, proprietary technology harnesses advances in quantum biology to increase the potency of active ingredients. Currently, Quanta supports product formulations in pain management, anti-inflammation, skincare, anti-aging, nutritional supplements, and plant-based consumables. Ultimately, Quanta's mission is to deliver better, more effective ingredients to elevate product efficacy, reduce waste and facilitate healthier, more sustainable consumption.

The established resonance theory behind Quanta's polarization process has many potential applications. From potentiating bio-ingredients to produce more-effective carbon-trapping plants to transformative anti-aging solutions Quanta's technology has the opportunity to upend how commercial products are made and the benefits from them. Already we see multi-trillion-dollar global industries benefiting from Quanta's technology. You can find more about Quanta at https://buyquanta.com/.

Forward-Looking Statements

Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release contains statements that are forward-looking in nature which express the beliefs and expectations of management including statements regarding the Company's expected results of operations or liquidity; statements concerning projections, predictions, expectations, estimates or forecasts as to our business, financial and operational results and future economic performance; and statements of management's goals and objectives and other similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "we believe," "we intend," "may," "will," "should," "could," and similar expressions. Such statements are based on current plans, estimates and expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. These factors and additional information are discussed in the Company's filings with the Securities and Exchange Commission and statements in this release should be evaluated in light of these important factors. Although we believe that these statements are based upon reasonable assumptions, we cannot guarantee future results. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Contacts:

Darrow Associates, Inc.
Peter Seltzberg, Managing Director, IR
pseltzberg@darrowir.com
(516) 419-9915

SOURCE: QUANTA, INC.

ReleaseID: 594453

Emerald Health Therapeutics, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / June 19, 2020 / Emerald Health Therapeutics, Inc. (OTCQX:EMHTF) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on June 19, 2020 at 10:30 AM Eastern Time.

To listen to the event live or access a replay of the call – visit
https://www.investornetwork.com/event/presentation/64495

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company's profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on what's trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 594455

Perma-Fix Announces New $7 Million Contract Award

ATLANTA, GA / ACCESSWIRE / June 19, 2020 / Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") entered into a new contract in its Services Segment valued at approximately $7 million over the next eight months.

Mark Duff, Chief Executive Officer, stated, "We have recently been awarded a new project supporting the Lawrence Berkeley National Laboratory (LBNL) through the Department of Energy (DOE) to include remediation, demolition and waste management services. This award further increases our funded backlog and bolsters our Services Segment revenues beginning in the second quarter of 2020. Perma-Fix was able to leverage our recent experience conducting complex remediation and building demolition in radiological environments. This award reflects the success of our project team to establish a technical and management solution that addresses the unique challenges at LBNL to reduce safety risk while meeting the cost and schedule requirements."

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc. is a nuclear services company and leading provider of nuclear and mixed waste management services. The Company's nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs and institutions, federal agencies, including the DOE, the Department of Defense (DOD), and the commercial nuclear industry. The Company's nuclear services group provides project management, waste management, environmental restoration, decontamination and decommissioning, new build construction, and radiological protection, safety and industrial hygiene capability to our clients. The Company operates four nuclear waste treatment facilities and provides nuclear services at DOE, DOD, and commercial facilities, nationwide.

Please visit us at http://www.perma-fix.com.

This press release contains "forward‑looking statements" which are based largely on the Company's expectations and are subject to various business risks and uncertainties, certain of which are beyond the Company's control. Forward-looking statements generally are identifiable by use of the words such as "believe", "expects", "intends", "anticipate", "plan to", "estimates", "projects", and similar expressions. Forward‑looking statements include, but are not limited to: increase backlog; bolster Services Segment revenues; and cost and schedule requirements. These forward‑looking statements are intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. While the Company believes the expectations reflected in this news release are reasonable, it can give no assurance such expectations will prove to be correct. There are a variety of factors which could cause future outcomes to differ materially from those described in this release, including, without limitation, future economic conditions; industry conditions; competitive pressures; our ability to apply, commercialize, and market our new technologies; the government or such other party to a contract granted to us fails to abide by or comply with the contract or to deliver waste as anticipated under the contract; completion of construction projects on a timely basis; Congress provides continuing funding for the DOD's and DOE's remediation projects; ability to obtain new foreign and domestic remediation contracts; our ability to fund the commercialization of our technology; impact of COVID-19; and the additional factors referred to under "Risk Factors" and "Special Note Regarding Forward-Looking Statements" of our 2019 Form 10-K and Form 10-Q for quarter ended March 31, 2020. The Company makes no commitment to disclose any revisions to forward‑looking statements, or any facts, events or circumstances after the date hereof that bear upon forward‑looking statements.

Please visit us on the World Wide Web at http://www.perma-fix.com.

Contacts:

David K. Waldman-US Investor Relations
Crescendo Communications, LLC
(212) 671-1021

Herbert Strauss-European Investor Relations
herbert@eu-ir.com
+43 316 296 316

SOURCE: Perma-Fix Environmental Services, Inc.

ReleaseID: 594433

Capstone Turbine (NASDAQ:CPST) Executes Another Long-Term FPP Service Contract in Mexico as Factories Resume Operation

Aftermarket Business Growth Key Part of Near-Term Positive Adjusted EBITDA Plan

VAN NUYS, CA / ACCESSWIRE / June 19, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that DTC Ecoenergia (www.dtc.mx), Capstone's exclusive distributor for the Energy Efficiency, Renewable Energy and Critical Power Supply market verticals in Mexico, signed a new 10-year Factory Protection Plan (FPP) long-term service contract for a 1.0 megawatt (MW) Capstone microturbine installed in Mexico at a latex-based product manufacturing plant.

Commissioned on June 1, 2019, the Capstone C1000 microturbine is owned and operated by one of the world's largest latex-based product manufacturers and is being used for 24×7 electrical & thermal generation. The hot exhaust from the microturbine is fed to a very large oven used to dry the latex as part of their manufacturing process. Installation of the Capstone microturbine has resulted in energy consumption savings of approximately 62% and is estimated to have an impressive return on investment (ROI) of approximately two years for the entire project. The FPP will provide complete service coverage, including scheduled and unscheduled maintenance for the next 10 years, beginning in December 2020 after the expiration of the current Capstone product warranty.

"We are always pleased to see a customer that benefits from not only the considerable value returned by our products for their complex manufacturing operations but also the value from our strong aftermarket warranties and FPP products that can provide peace of mind in an uncertain world," stated Jeff Foster, Capstone's Senior Vice President of Customer Service and Product Development. "By signing on early for a long-term FPP in advance of the warranty expiration, this customer has secured attractively priced, clean and green energy for well over a decade," added Mr. Foster.

"We are very pleased with DTC's leadership in supporting this critical market segment as this project in particular highlights the significant financial value that customers can achieve using both the electrical and thermal output from our microturbines for many, many years of operation," stated Darren Jamison, President and Chief Executive Officer of Capstone Turbine Corporation. "The continued growth of our long-term maintenance contract business is a key element to our near-term positive adjusted EBITDA plan and is expected to pay dividends for years to come," concluded Mr. Jamison.

Capstone's innovative Factory Protection Plan is a comprehensive maintenance program designed to give financial peace of mind to Capstone customers by providing product life cycle costs at a fixed rate for both scheduled and unscheduled maintenance for the life of the microturbine system. Additionally, the recently updated FPP protects microturbine customers from potentially dramatic future increases in life cycle costs associated with changes in replacement spare parts pricing, commodity price increases, import tariffs, and interest rate changes.

About Capstone Turbine Corporation

Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world's leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup, via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today's multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems, for more information contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 73 countries and in FY19, saved customers an estimated $253 million in annual energy costs and 350,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. For information on sales contact: sales@capstoneturbine.com or rentals@capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, and YouTube.

Forward-Looking Statements

This press release contains "forward-looking statements," as that term is used in the federal securities laws. Forward-looking statements may be identified by words such as "expects," "believes," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any obligation, to release any revisions to any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

"Capstone" and "Capstone Microturbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:

Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

Integra Investor Relations
Shawn M. Severson
415-226-7747
cpst@integra-ir.com

SOURCE: Capstone Turbine Corporation

ReleaseID: 594447

eMagin Corporation Announces Launch of New Website

HOPEWELL JUNCTION, NY / ACCESSWIRE / June 19, 2020 / eMagin Corporation, or the "Company," (NYSE American:EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays used in military and commercial AR/VR devices, and other near-eye imaging products, today announced it has launched a new website, www.emagin.com, with a fresh look and updated with the latest product information and recent pictures, highlighting the full array of products and the Company's innovative Direct Patterning (dPdTM) Technology.

"We are pleased to announce the launch of our new website," commented Andrew G. Sculley, CEO. "All of our product information and photography has been updated and users will be able to review technical specifications, view pictures of our displays, read published papers on our game-changing technology, and request support from our team of designers and engineers.

"For the first time, we have a dedicated customer portal where driver software can be downloaded, all related product documentation can be accessed and notification of all updates will be automatically pushed out to registered purchasers of our design reference kits. Our new site is simple to navigate and was designed as a tool for strengthening our relationship with all of our stakeholders," concluded Mr. Sculley.

About eMagin Corporation

The Leader in OLED microdisplay technology for the next generation of computing and imaging devices, serving world-class customers in the military and consumer, medical and industrial markets. We invent, engineer and manufacture display technologies of the future in the USA, including our Direct Patterning Technology (dPd) that will transform the way the world consumes information. Since 2001, our microdisplays have been, and continue to be, used in AR/VR, aircraft helmets, heads-up display systems, thermal scopes, night vision goggles, future weapon systems and a variety of other applications. www.emagin.com

Important Cautionary Information Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding eMagin Corporation's expectations, intentions, strategies and beliefs pertaining to future events or future financial performance Actual events or results may differ materially from those in the forward-looking statements as a result of various important factors, including those described in the Company's most recent filings with the SEC. For a more complete description of the risks factors that could cause our actual results to differ from our current expectations, including impacts of the COVID-19 pandemic, please see the section entitled "Risk Factors" in eMagin's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and in any Form 10-Q filed or to be filed by eMagin, and in other documents we file with the SEC from time to time.

CONTACT:

eMagin Corporation
Mark A. Koch
Acting Chief Financial Officer
845-838-7951
mkoch@emagin.com

Betsy Brod
Affinity Growth Advisors
212-661-2231
betsy.brod@affinitygrowth.com

SOURCE: eMagin Corporation

ReleaseID: 594440

Seven Aces Limited Completes Its 30th Acquisition

TORONTO, ON / ACCESSWIRE / June 19, 2020 / Seven Aces Limited (the "Company") (TSXV:ACES)(OTC PINK:ACEXF) is pleased to announce that its 70% owned subsidiary, Lucky Bucks, LLC ("Lucky Bucks"), has acquired five additional gaming contracts from a digital skill-based gaming terminal operator based in the U.S. State of Georgia. Lucky Bucks acquired five location contracts from J & G Amusement, Inc. ("J&G") in exchange for cash consideration of US$2,550,000 on closing (the "J&G Acquisition"). Pursuant to the terms of the J&G Acquisition, the aggregate purchase price payable to J&G will be adjusted up or down based on the actual performance of the acquired location contracts. In the event that the performance of the acquired location contracts materially differs from historical results, the aggregate purchase price paid for the contracts acquired from J&G may materially increase or decrease.

The purchase price for the J&G Acquisition was funded by Lucky Bucks through an advance under the credit facility described in the press release of the Company dated January 29, 2020 and titled "Seven Aces Limited Announces New US$165 Million Credit Facility and Acquisition of Additional Gaming Contracts". The gaming contracts that have been acquired are fully licensed and governed by the Georgia Lottery Corporation, and offer players a variety of skill-based coin-operated amusement machines.

About Seven Aces Limited

Seven Aces Limited is a gaming company, with a vision of building a diversified portfolio of world class gaming operations. The Company looks to enhance shareholder value by growing organically and through acquisitions. Currently, the Company is the largest route operator of skill-based gaming machines in the State of Georgia, United States of America.

For more information about the Company is available online at www.sevenaces.com.

For further information please contact:

Ryan Bouskill
Chief Financial Officer
Tel. (647) 228-8668
ryan@sevenaces.com

Stephanie Lippa\
Office Manager
Tel. (416) 477-3411
stephanie@sevenaces.com

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 news release.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain forward-looking statements or "forward-looking information" within the meaning of applicable Canadian securities laws ("forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements. The key assumptions that have been made in connection with the forward-looking statements include the following: the digital gaming terminals being fully-licensed by the Georgia Lottery Corporation; the continuation of the Company's acquisition strategy in the Georgia gaming market; the growing footprint of Lucky Bucks in the Georgia gaming market; generating value for the shareholders of the Company; the regulatory regime governing the business of Lucky Bucks in Georgia; the exchange rate between the U.S. dollar and Canadian dollar; the ability to grow the business and deliver returns for shareholders; the availability of high growth and high margin opportunities; continuing to add high performing locations; and the execution of the Company's business strategy and acquisition pipeline.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the Company's ability to continuing to execute a growth strategy through acquisitions and the Company's ability to generate higher margins and significant growth in cash flows. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except in accordance with applicable securities laws.

SOURCE: Seven Aces Limited

ReleaseID: 594459