NEW YORK, NY / ACCESSWIRE / August 25, 2020 / Corporate Universe, Inc. (OTC PINK:COUV) is pleased to announced today the company has purchased 106,000,000 million shares from a former shareholder, and will be retiring these shares to treasury. This transaction will reduce the total outstanding shares by just under 20%.

Additionally, the company has renewed with OtcMarkets and is in the process of updating corporate information, as well getting all financial reports and listing disclosures current.

Isaac H. Sutton, Corporate Universe Inc. CEO stated, "We're taking the appropriate actions to provide our shareholders transparency, and I will be working to create shareholder value on a daily basis".

Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of Corporate Universe, Inc. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Corporate Universe, Inc. cautions you that any forward-looking information provided by or on behalf of Corporate Universe, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Corporate Universe, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Corporate Universe, Inc.'s control. In addition to those discussed in Corporate Universe, Inc.'s press releases, public filings, and statements by Corporate Universe, Inc.'s management, including, but not limited to, Corporate Universe, Inc.'s estimate of the sufficiency of its existing capital resources, Corporate Universe, Inc.'s ability to raise additional capital to fund future operations, Corporate Universe, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Corporate Universe, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Corporate Universe, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Contact:

Corporate Universe Inc
isutton@corpuniverse.com
1-302-273-1150

SOURCE: Corporate Universe, Inc.

ReleaseID: 603229

WALTHAM, MA / ACCESSWIRE / August 25, 2020 / SeaChange International, Inc. (NASDAQ:SEAC), a leading provider of video delivery platforms, will hold a conference call on Tuesday, September 8, 2020 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended July 31, 2020. Financial results will be issued in a press release prior to the call.

SeaChange management will host the conference call, followed by a question and answer period.

Date: Tuesday, September 8, 2020

Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)

U.S. dial-in number: 877-407-8037

International number: 201-689-8037

Meeting Number: 13708779

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at 949-574-3860.

The conference call will be broadcast live and available for replay here and via the investor relations section of SeaChange's website.

About SeaChange International, Inc.

SeaChange International (NASDAQ: SEAC) powers hundreds of cloud and on-premises platforms with live TV and video on demand (VOD) for more than 50 million subscribers worldwide. SeaChange's end-to-end solution, the Framework, enables operators and content owners to cost-effectively launch a direct-to-consumer video service. This includes back-office, media asset management, ad management, analytics and a client application for set-top boxes (STB), Smart-TVs and mobile devices. Framework is available as a product or managed service, and can be deployed on-premises, in the cloud or as a hybrid. For more information, please visit www.seachange.com.

SeaChange Contact:

Matt Glover
Gateway Investor Relations
949-574-3860
SEAC@gatewayir.com

SOURCE: SeaChange Corporation

ReleaseID: 603176

Visual Engagement Solution is Lauded for Improving Digital Interactions Between Financial Institutions and Their Customers Through Secure Cobrowse, Screen Share, and Video Capabilities

WAKEFIELD, MA / ACCESSWIRE / August 25, 2020 / Glance (www.glance.net), a leading provider of visual engagement solutions that enable organizations to deepen customer relationships and transform digital customer interactions into brand-building and revenue-generation opportunities, announced that Technology Marketing Corporation (TMC) has named Glance for Financial Services as a recipient of its Pandemic Tech Innovation Award. Implemented in June 2020, the Pandemic Tech Innovation Award recognizes hardware, software, devices, and services that allow businesses and society to function effectively and overcome the challenges associated with the pandemic.

"On behalf of our team, we are truly humbled that Glance for Financial Services has received the Pandemic Tech Award. When branches were closed due to the pandemic, our financial services clients were able to leverage Glance to deliver secure digital banking, lending, and investment customer engagements with the human element that rivals or exceeds the in-branch experience," said Tom Martin, Glance's chief executive officer. "What's more, we have heard from many clients that Glance has enabled business continuity, and indeed, many have been able to thrive due to their rapid digital transformation during this crisis."

Glance for Financial Services is a cloud-based solution that enables banks, lenders, and wealth management firms to add visual engagement functionality to any existing website, browser app, or native mobile app. The technology lets service representatives, bankers, loan officers, and wealth managers join the customer in the digital experience, offer them human-to-human consultation, see their screen, and guide their navigation. The solution is proven to enhance customer satisfaction, increase transaction conversion, grow revenue, build lifetime customer loyalty, and lower operating costs. Glance for Financial Services works across all major browsers and devices, and can be integrated with the financial institution's infrastructure, including core banking, CRM, and contact center systems, along with e-signature, document management, enterprise communications, and other platforms.

"One of the areas hardest hit during the pandemic was the financial sector, which almost instantly had to transition to a remote workforce, and find innovative ways to serve the needs of customers who can no longer visit brick-and-mortar facilities," said Rich Tehrani, chief executive officer of TMC. "Companies like Glance are playing an essential role in enabling businesses to overcome the substantial communications, operations, and customer service challenges brought upon by the pandemic. TMC congratulates Glance for its success, not only in assisting the financial community to manage the impact of the pandemic, but also for their ongoing efforts in helping businesses across a wide range of industries improve customer experiences through visual engagement technology."

About Glance Networks

Glance Networks transforms the customer experience by enabling visual engagement for today's enterprise. We are one of the world's simplest, most reliable, and secure solutions that empower companies to see, show, and share anything online, creating a frictionless path to great experiences in sales, support, and service. The result of Glance visual engagement technology is improved customer satisfaction, long-term customer loyalty, higher service center efficiency, and increased revenue growth. Glance partners include Salesforce, ServiceNow, and Docutech. For more information, please go to www.glance.net.

Public Relations Contact

Glenn Goldberg
Chief Executive Officer
Parallel Communications Group
516-705-6116
ggoldberg@parallelpr.com

SOURCE: Glance Networks

ReleaseID: 603186

BRIDGEVIEW, IL / ACCESSWIRE / August 25, 2020 / Manitex International, Inc. (NASDAQ:MNTX) a leading international provider of cranes and specialized industrial equipment, today announced that it has agreed to a transaction for the sale of its subsidiary, Manitex Sabre, of Knox, Indiana to privately-held Super Steel, LLC, a leading contract manufacturer in Milwaukee serving the Agricultural, Construction, Industrial, Transportation, and Defense markets. Consideration to Manitex for the sale is $1.5 million in cash that has been paid to Manitex upon close, plus royalties, based on future Sabre revenues which have the potential of yielding approximately $2.9 million in additional consideration to Manitex.

Steve Filipov, Chief Executive Officer of Manitex commented, "We are pleased to announce a transaction with Super Steel for Manitex Sabre as part of our effort to maintain our focus on crane businesses and strengthen our financial position for future growth. We believe it is a great fit for Super Steel and their growth objectives, and we look forward to helping them make an efficient and smooth transition to their manufacturing platform and stewardship."

Jason Gaare, President of Super Steel, commented, "We are looking forward to leveraging our manufacturing capabilities to include our first foray into branded products of our own, having been a trusted contract manufacturer to diversified industries since 1923. The Sabre product line is very much aligned with our domain expertise and we would anticipate being able to offer an exceptional manufacturing, service, and delivery platform to Sabre's current and future customers with quality products."

Manitex anticipates booking a modest gain on the transaction, which will be reflected in its third and fourth quarter 2020 financial reports. The $1.5 million in cash received will be used for debt repayment. The transaction closed on Friday August 21, 2020.

About Manitex International, Inc.
Manitex International, Inc. is a leading worldwide provider of highly engineered mobile cranes (truck mounted straight-mast and knuckle boom cranes, industrial cranes, rough terrain cranes and railroad cranes), truck mounted aerial work platforms and specialized industrial equipment. Our products, which are manufactured in facilities located in the USA and Europe, are targeted to selected niche markets where their unique designs and engineering excellence fill the needs of our customers and provide a competitive advantage. We have consistently added to our portfolio of branded products and equipment both through internal development and focused acquisitions to diversify and expand our sales and profit base while remaining committed to our niche market strategy. Our brands include Manitex, PM, MAC, PM-Tadano, Oil & Steel, Badger, and Valla.

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.

CONTACT:
Manitex International, Inc.
Steve Filipov
Chief Executive Officer
(708) 237-2054
sfilipov@manitex.com

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

SOURCE: Manitex International, Inc.

ReleaseID: 603144

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OTTAWA, ON / ACCESSWIRE / August 25, 2020 / InterRent Real Estate Investment Trust (TSX:IIP.UN) ("InterRent") announced today that it has entered into an unconditional agreement to acquire a portfolio of five concrete mid- and high-rise apartments located in Southwestern Ontario. Three of the five properties are located in Hamilton and the remaining two are in London. The portfolio was purchased for $170.7 million and is expected to close in mid-September of 2020. The acquisition will be financed with a combination of cash and new mortgage debt.

100 Main Street East in Hamilton, also known as Landmark Place, features 295 residential units and approximately 62,000 square feet of commercial space in the tower's podium. This 42-storey downtown asset features excellent neighborhood amenities as well as potential to improve and expand upon the existing amenity space. The property is located 450 metres away from Hamilton Centre Go station and 850 metres away from FirstOntario Centre.

35 Brock Street and 600 John Street North are sister towers located on the shores of Lake Ontario in Hamilton. The properties are connected via a parking garage and combine for a total of 223 residential suites. The towers offer rooftop terraces, supplemental amenity space, and will benefit from the future Pier 8 development. They are also located approximately one kilometre from the West Harbour GO Station.

500-522 and 527-531 Gordon Avenue are adjacent properties located in a residential neighbourhood of London, Ontario. These properties feature two towers totalling 180 suites, as well as 15 townhomes. These sites are well situated, directly beside Basil Grover park, and near the Victoria Hospital.

With the addition of these properties, InterRent will increase its Hamilton and London portfolios, allowing the REIT to benefit from enhanced scale in both markets.

"We are extremely pleased to announce the acquisition of this well-maintained portfolio, expanding our footprint and operational synergies in two strong markets," said Mike McGahan, CEO. "We look forward to providing hundreds of residents with great homes in our welcoming communities."

The following table provides a breakdown of the portfolio by property:

Property

Bachelor

1 Bedroom

2 Bedrooms

3+ Bedrooms

Number of
Suites

Commercia
Space
(Sq. Ft.)

100 Main St E, Hamilton

136

159

295

62,271

35 Brock St, Hamilton

101

22

123

886

600 John St N, Hamilton

20

75

15

110

n.a.

500-522 Gordon Ave, London

1

43

64

9

117

n.a.

527-531 Gordon Ave, London

7

16

48

7

78

n.a.

Total Portfolio

8

215

447

53

723

63,157

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions.

InterRent's primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

For further information about InterRent please contact:

Mike McGahan
Chief Executive Officer
Tel: (613) 569-5699 Ext 244
Fax: (613) 569-5698
e-mail: mmcgahan@interrentreit.com

Brad Cutsey, CFA
President
Tel: (613) 569-5699 Ext 226
Fax: (613) 569-5698
e-mail: bcutsey@interrentreit.com

Curt Millar, CPA, CA
Chief Financial Officer
Tel: (613) 569-5699 Ext 233
Fax: (613) 569-5698
e-mail: cmillar@interrentreit.com

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: InterRent Real Estate Investment Trust

ReleaseID: 603187

JAKARTA, INDONESIA & DANVILLE, CA / ACCESSWIRE / August 25, 2020 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that its President, Frank C. Ingriselli will be presenting at the LD 500 Investor Conference on Tuesday, September 1, 2020 at 1:40 PM EST.

The Conference is open to all. To register, go to the following link: https://ld500.ldmicro.com/

IEC's conference website profile is at the following link: https://www.ldmicro.com/profile/INDO

About Indonesia Energy Corporation Limited

Indonesia Energy Corporation Limited (NYSE American: INDO) is a publicly traded energy company engaged in the acquisition and development of strategic energy projects in Indonesia. IEC's principal assets are its Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and its Citarum Block (1,000,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California. For more information on IEC, please visit www.indo-energy.com.

Cautionary Statement Regarding Forward-Looking Statements

All statements in this press release and in the presentation and other material referred and linked to herein of or relating to Indonesia Energy Corporation Limited ("IEC") and its representatives and partners that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Acts"). In particular, when used in this press release and such presentation, the words "estimates," "believes," "hopes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts, and are subject to the safe harbor created by the Acts. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of significant risks, uncertainties, and other factors, many of which are outside of the IEC's control, that could cause actual results (including, without limitation, the anticipated results of IEC's 2020 exploration and production activities and the impact of global oil prices and the novel coronavirus outbreak) to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors section of the Company's registration statement and related prospectus for the IEC's initial public offering filed with the Securities and Exchange Commission (SEC). Copies are of such documents are available on the SEC's website, www.sec.gov. IEC undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

Frank C. Ingriselli
President, Indonesia Energy Corporation Limited
Frank.Ingriselli@Indo-Energy.com

SOURCE: Indonesia Energy Corporation Limited 

ReleaseID: 603192

BALLWIN, MO / ACCESSWIRE / August 25, 2020 / 1847 Goedeker Inc. (NYSE American:GOED) ("Goedeker's" or the "Company"), a one-stop e-commerce destination for appliances, furniture, home goods, and related products, announced that its CEO Doug Moore will be presenting at the LD 500 investor conference on Friday, September 4, 2020 at 10:20 a.m. ET.

Mr. Moore will discuss the Company's recent strong performance and provide insight into its growth plans moving forward. "I am excited to share Goedeker's compelling strategy and path to profitability with the LD 500 investors. Mark your calendar to watch and hear our story," commented Moore.

Register here: https://ld500.ldmicro.com/

"We have been waiting for this moment all year long. Due to COVID, it has been nearly impossible for physical conferences to even take place. I want to show the world that you can still learn, have a great time, and see some of the most unique companies in the capital markets today. All without having to step foot outside. For the first time, LD Micro is accessible to everyone, and we are honored to welcome you to one of the most trusted platforms in the space," stated Chris Lahiji, Founder of LD.

The LD 500 will take place on September 1st through the 4th.

View 1847 Goedeker's profile here: http://www.ldmicro.com/profile/GOED

About 1847 Goedeker Inc.

The Company is an industry leading e-commerce destination for appliances, furniture, and home goods. Since its founding in 1951, the Company has transformed from a local brick and mortar operation serving the St. Louis metro area to a respected nationwide omnichannel retailer that offers one-stop shopping for national and global brands. While the Company maintains its St. Louis showroom, over 90% of sales are placed through its website (www.goedekers.com). The Company provides visitors an easy to navigate the shopping experience and offers more than 185,000 items organized by category and product features. Specialization in the home category has enabled the Company to build a shopping experience and an advanced logistics infrastructure that is tailored to the unique characteristics of the market. Learn more at www.goedekers.com.

Forward Looking Statements

This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the final prospectus related to the public offering filed with the Securities and Exchange Commission and other reports filed with the Securities and Exchange Commission thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Contact:

Dave Gentry, CEO
RedChip Companies
Office: 1.800.RED.CHIP (733.2447)
Cell: 407.491.4498
dave@redchip.com

SOURCE: 1847 Goedeker Inc.

ReleaseID: 603214

LOS ANGELES, CA / ACCESSWIRE / August 25, 2020 / Annovis Bio Inc. (NYSE American:ANVS), a clinical-stage drug platform company addressing Alzheimer's disease (AD), Parkinson's disease (PD) and other neurodegenerative diseases, today announced that it will be presenting at the LD 500 investor conference on Tuesday, September 1 at 9:20 AM EDT. Annovis Bio CEO Maria Maccecchini, Ph.D. will be presenting.

"Annovis Bio is at a very exciting stage right now with two Phase 2 trials underway," commented Dr. Maccecchini. "I look forward to sharing our unique and promising approach to treating Alzheimer's, Parkinson's, and other neurodegenerative diseases with the LD 500 audience."

Register here: https://ld-micro-conference.events.issuerdirect.com/

"We have been waiting for this moment all year long. Due to COVID, it has been nearly impossible for physical conferences to even take place. I want to show the world that you can still learn, have a great time, and see some of the most unique companies in the capital markets today. All without having to step foot outside. For the first time, LD Micro is accessible to everyone, and we are honored to welcome you to one of the most trusted platforms in the space," stated Chris Lahiji, Founder of LD.

The LD 500 will take place on September 1st through the 4th.

View Annovis Bio's profile here: http://www.ldmicro.com/profile/ANVS

Profiles powered by LD Micro – News Compliments of Accesswire

About Annovis Bio

Headquartered in Berwyn, Pennsylvania, Annovis Bio, Inc. (Annovis) is a clinical-stage, drug platform company addressing neurodegeneration, such as Alzheimer's disease (AD), Parkinson's disease (PD) and Alzheimer's in Down Syndrome (AD-DS). We believe that we are the only company developing a drug for AD, PD and AD-DS that inhibits more than one neurotoxic protein and, thereby, improves the information highway of the nerve cell, known as axonal transport. When this information flow is impaired, the nerve cell gets sick and dies. We expect our treatment to improve memory loss and dementia associated with AD and AD-DS, as well as body and brain function in PD. We have an ongoing Phase 2a study in AD patients and have commenced a second Phase 2a study in AD and PD patients. For more information on Annovis, please visit the company's website: www.annovisbio.com.

About LD Micro

Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world.

What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space.

The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

Contact:

Dave Gentry, CEO
RedChip Companies Inc.
407-491-4498
Dave@redchip.com

SOURCE: Annovis Bio via LD Micro

ReleaseID: 603213

MOUNTAIN VIEW, CA / ACCESSWIRE / August 25, 2020 / NowRx, a tech-enabled on-demand pharmacy providing same-day and same-hour prescription delivery, today announced that it will be presenting at the LD 500 Investor Conference on September 3, 2020 at 8:40 a.m. ET / 5:40 a.m. PT. Cary Breese, CEO and Co-Founder of NowRx, will be presenting to a live virtual audience.

Retail pharmacy is a $400 billion industry that relies on expensive real estate to drive foot traffic and depends on outdated, legacy software systems to manage prescriptions. In contrast, NowRx creates micro-fulfilment centers with advanced, proprietary technology and low overhead in order to provide free same-day delivery so customers never have to come into a store.

NowRx recently announced a $20 million Series B funding round that brings the company's total funding to $30 million. The funds will be used to launch more of NowRx's high-tech micro-fulfilment centers to bring free same-day prescription medication delivery to customers in new geographic areas.

LD Micro 500 Virtual Conference
Date: Thursday, September 3, 2020

Presentation: 8:40 a.m. Eastern Time

Register here: https://ld500.ldmicro.com/

"We have been waiting for this moment all year long. Due to COVID, it has been nearly impossible for physical conferences to even take place. I want to show the world that you can still learn, have a great time, and see some of the most unique companies in the capital markets today. All without having to step foot outside. For the first time, LD Micro is accessible to everyone, and we are honored to welcome you to one of the most trusted platforms in the space." stated Chris Lahiji, Founder of LD.

About NowRx

NowRx is a technology-enabled pharmacy that uses proprietary pharmacy software, robotics, AI, and last-mile logistics to provide free same-day delivery of prescription medications. NowRx's pharmacy management system, QuickFill (v3.5), is one of the only pharmacy management software systems designed for same-day delivery that has been certified by the nation's leading health information network, Surescripts Health Alliance Network. Surescripts connects NowRx's QuickFill directly to more than 1.5 million physicians across the U.S. Powered by its DEA-certified micro-fulfillment pharmacies and hyper-efficient operations, as of July 2020 NowRx has delivered over 200,000 medications to 28,000+ customers. Learn more at www.nowrx.com.

About LD Micro

Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world.

What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space.

The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

Contact:

Marina Greenwood
Activa PR for NowRx
415.999.1128
marina@activapr.com

SOURCE: NowRx

ReleaseID: 603134

TORONTO, ON / ACCESSWIRE / August 25, 2020 / Route1 Inc. (OTCQB:ROIUF)(TSXV:ROI) (the "Company" or "Route1"), an advanced North American provider of data-centric business empowerment solutions, today reported that it had been awarded a purchase order to provide a one-year license with three one-year renewal options to an agency of the U.S. Department of Defense for 4,000 MobiKEY subscriptions.

The new client for Route1 has the ability to increase their user base in increments of 1,000 subscriptions. The annual software license for the 4,000 users is valued at approximately US $1.5 million.

As a result of this order, using today's subscriber base and assuming flat subscription growth, on a pro forma basis Route1 expects as of today's date to generate for the balance of 2020 monthly MobiKEY subscription-based revenue of approximately CAD $740,000. This is in contrast to Route1's MobiKEY application software monthly subscription revenue of approximately CAD $405,000 in February 2020.

"We are very pleased to again expand our MobiKEY footprint within the DoD. Today's announcement reflects the unique security and user functionality capabilities of MobiKEY and the ease of deployment for large groups to support their team's "working from anywhere" requirements," said Tony Busseri, Route1's CEO. "The more than 80% rise in recurring subscription-based revenue over the last half year from our MobiKEY application software has been positively influenced by the impact of the pandemic on government organizations. It also needs to be noted that today's announced new client's sales process started before February 2020 and is not directly tied to our new client's need to support working from home – the purchase is a result of the functionality and security features of the Route1 MobiKEY technology. As stated previously, we expect additional MobiKEY user and revenue growth in the coming months."

Q2 2020 Financial Results

Route1 will hold a conference call and web cast to provide a business update on Wednesday, August 26, 2020 at 9:00 am eastern.

Participants should dial Toll-Free: 1-877-407-0782 or Toll/International: 1-201-689-8567 at least 10 minutes prior to the conference. For those unable to attend the call, a replay will be available on August 26, 2020 after 4 pm eastern at Toll-Free 1-877-481-4010 or Toll/International 1-919-882-2331, pass code #36892 until 10 am on September 9, 2020.

The webcast will be presented live at https://www.webcaster4.com/Webcast/Page/2167/36892.

AirWatch Litigation

On August 24, 2020, the United States District Court for the District of Delaware issued an order granting AirWatch's motion for attorneys' fees in part and denying it in part, ordering a payment to AirWatch in the amount of US $1,666,672.78. Route1 expects to appeal the decision to the United States Court of Appeals for the Federal Circuit. The federal rules provide an automatic stay of execution of the judgment for 30 days. Upon commencing the appeal, Route1 anticipates securing a stay of execution during the appeal by posting an adequate supersedeas bond.

Route1's appeal from the previous grant of summary judgment to AirWatch remains pending and a decision is expected shortly, and if that appeal is successful, it is likely to result in the vacating of this fee award.

Stock Options

Route1 has revised the compensation of an employee, and as a result the employee has returned 400,000 stock options to the Company for cancellation. The returned stock options had an exercise price of $0.50 per common share.

About Route1 Inc.

Route1 Inc. is an advanced North American technology company that empowers their clients with data-centric solutions necessary to drive greater profitability, improve operational efficiency and gain sustainable competitive advantages, while always emphasizing a strong cybersecurity and information assurance posture. Route1 delivers exceptional client outcomes through real-time secure delivery of actionable intelligence to decision makers, whether it be in a manufacturing plant, in-theater or in a university parking lot. Route1 is listed on the OTCQB in the United States under the symbol ROIUF and in Canada on the TSX Venture Exchange under the symbol ROI. For more information, visit: www.route1.com.

For More Information, Contact:

Tony Busseri
Chief Executive Officer
+1 480 578-0287

tony.busseri@route1.com

This news release, required by applicable Canadian laws, does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 release.

© 2020 Route1 Inc. All rights reserved. No part of this document may be reproduced, transmitted or otherwise used in whole or in part or by any means without prior written consent of Route1 Inc. See https://www.route1.com/terms-of-use/ for notice of Route1's intellectual property.

This news release may contain statements that are not current or historical factual statements that may constitute forward-looking statements or future oriented financial information. These statements are based on certain factors and assumptions, including, price and liquidity of the common shares, expected financial performance, expected subscribers and subscription-based revenue, business prospects, technological developments, development activities, the ability of the Company to obtain the supersedeas bond in order to appeal the decision to the United States Court of Appeals for the Federal Circuit, and like matters. While Route1 considers these factors and assumptions to be reasonable, based on information currently available, they may prove to be incorrect. These statements involve risks and uncertainties, including but not limited to the risk factors described in reporting documents filed by the Company. Actual results could differ materially from those projected as a result of these and other risks and should not be relied upon as a prediction of future events. The Company undertakes no obligation to update any forward-looking statement or future oriented financial information to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, except as required by law. Estimates used in this presentation are from Company sources. Past or forecasted performance is not a guarantee of future performance and readers should not rely on historical results or forward-looking statements or future oriented financial information as an assurance of future results.

SOURCE: Route1 Inc.

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