Category: Pakistan

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Veson Nautical expands global presence with new office in Dubai

Strategic expansion aimed at bringing company closer to regional client base

DUBAI, United Arab Emirates, Feb. 19, 2025 (GLOBE NEWSWIRE) — Veson Nautical (Veson), a global leader in maritime data and freight management solutions, has opened a new office in Dubai as part of an enhanced commitment to one of the world’s most important shipping hubs.

This strategic expansion is aimed at bringing Veson closer to its growing regional client base and reinforcing its role in shaping the future of maritime technology and data solutions in the region.

Speaking today at an event being held in Dubai by Veson to coincide with the opening of the new office, the company’s Chief Commercial Officer (CCO) Russ Hubbard said:

“Veson Nautical is steadfast in its commitment to our clients and their success. Over the past several years, the UAE has done a phenomenal job of establishing itself as a global maritime hub, and our clients have embraced the UAE as both a regional and global center of excellence. We are enthusiastic about the future in the gulf, and look forward to supporting and enabling the decision advantages of our hundreds of clients in the region.”

Veson CEO, John Veson, travelled to Dubai to open the new office and the occasion was marked by the company staging the inaugural ‘Veson Nautical Dubai Forum & Networking Event’. Held at the Sofitel JBR hotel, the event brought together over 60 esteemed clients and guests to discuss a range of regional and global issues affecting the maritime industry.

As well as an in-depth question and answer session with John Veson, the topics discussed included the future-proofing of Gulf shipping, the global impact of AI technology as well as the impact of new regulations on ship asset valuations.

Veson’s Dubai office, which is located at Uptown Tower in the Dubai Multi Commodities Centre (DMCC), will serve as a key hub for client engagement, implementation support, and industry collaboration.

With a heritage of innovation and expertise across all maritime related contracts, Veson serves more than 38,000 users across 2,400 companies in more than 100 countries. The Dubai office adds to the six centers of excellence Veson already operates in Boston, London, Singapore, Tokyo, Houston and Athens.

About Veson Nautical

Veson Nautical empowers the global maritime industry to navigate compounding complexity on all sides of the trade. Multi-jurisdictional regulations, geopolitical disruptions, decarbonization, cybersecurity threats, and more are forcing industry participants to recalibrate their risk tolerance. By combining trusted maritime data with built-for-purpose workflows, Veson gives clients the decision-making confidence to manage risk and maximize profit.

www.veson.com.

Kevin Baxter
Senior PR & Communications Manager
[email protected] 
+44 (0) 20233970102

Veson Nautical Press Team
Office +44 (0)20 3397 0102
[email protected] 

www.Veson.com

GlobeNewswire Distribution ID 9360063

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Nyxoah Announces Commercial Launch of Genio® Breakthrough Therapy in the Middle East

Nyxoah Announces Commercial Launch of Genio® Breakthrough Therapy in the Middle East

First patient implanted with Genio at Saudi German Hospital in Dubai, United Arab Emirates

Mont-Saint-Guibert, Belgium – February 19, 2025, 7:05am CET / 1:05am ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company that develops breakthrough treatment alternatives for Obstructive Sleep Apnea (OSA) through neuromodulation, today announced the commercial launch of its Genio system in the Middle East, marked by the first successful Genio implant performed at Saudi German Hospital, Dubai – United Arab Emirates, supported by Odin Healthcare – partnering with Nyxoah in the region.

The first patient was successfully implanted by Dr. Ahmed Yassin Bahgat, Consultant Otolaryngologist at Saudi German Hospital. Reflecting on this milestone, Dr. Bahgat stated: “We are honored to be the first hospital in the UAE, as well as the Middle East and Africa, to offer Genio to our OSA patients. Genio is an innovative, clinically proven, and smart therapy designed to effectively treat individuals with Obstructive Sleep Apnea who are unable to tolerate CPAP.”

Olivier Taelman, CEO of Nyxoah, added: “The commercial launch of Genio in the UAE marks an historic milestone as the first-ever neurostimulation therapy for Obstructive Sleep Apnea in the region. We are proud to bring this groundbreaking, patient-centric solution to the Middle East, offering new hope to patients who cannot tolerate CPAP. With strong clinical evidence and growing global adoption, we remain committed to expanding access to Genio and transforming the treatment of OSA worldwide.”

About Nyxoah
Nyxoah is reinventing sleep for the billion people that suffer from obstructive sleep apnea (OSA). We are a medical technology company that develops breakthrough treatment alternatives for OSA through neuromodulation. Our first innovation is Genio®, a battery-free hypoglossal neuromodulation device that is inserted through a single incision under the chin and controlled by a wearable. Through our commitment to innovation and clinical evidence, we have shown best-in-class outcomes for reducing OSA burden.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company announced positive outcomes from the DREAM IDE pivotal study for FDA and U.S. commercialization approval.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

FORWARD-LOOKING STATEMENTS

Certain statements, beliefs and opinions in this press release are forward-looking, reflecting Nyxoah’s current expectations and beliefs regarding the Genio® system; planned and ongoing clinical studies of the Genio® system; the potential advantages of the Genio® system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio® system; the utility of clinical data in potentially obtaining FDA approval of the Genio® system; and potential receipt of FDA approval and entrance into the U.S. market. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of Nyxoah’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission (“SEC”) on March 20, 2024, and subsequent reports that Nyxoah files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, Nyxoah expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Neither Nyxoah nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Contacts:

Nyxoah
John Landry, CFO
[email protected]

ODIN Healthcare
Ahmed Abdelhalim, Managing Director
[email protected]

For Media
In Belgium/France
Backstage Communication – Gunther De Backer
[email protected]

In International/Germany
MC Services – Anne Hennecke
[email protected]

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GlobeNewswire Distribution ID 1001049209

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Global Nonprofit NFTE Announces Winners of First-Ever “Imagination League” in World Series of Innovation

Young innovators (ages 5-12) propose solutions to sustainable development goal-focused challenges

New York, NY, Feb. 18, 2025 (GLOBE NEWSWIRE) — The Network for Teaching Entrepreneurship (NFTE) — in partnership with Aramco, the Citi Foundation, and MetLife Foundation — proudly announces the winners of the Imagination League of the World Series of Innovation (WSI). Since 2009, NFTE’s annual WSI competition has invited young people from around the world to come up with creative solutions addressing real-world issues tied to the United Nations Sustainable Development Goals (SDGs).

This year marked a significant expansion of WSI, which was offered for the first time to a younger audience of children ages 5-12 through the Imagination League, and in multiple languages, including English, Spanish, Arabic, Simplified Chinese, and Hindi, thanks to the generous support of Aramco. The program aimed to inspire the next generation of entrepreneurs to think critically about global challenges and devise innovative solutions.

“Through the World Series of Innovation Imagination League, NFTE provides a platform for our youngest entrepreneurs to showcase their ideas and engage meaningfully with global problems,” said Dr. J.D. LaRock, President & CEO of NFTE. “As the program continues to grow, I’m excited to see it inspire even more young innovators to consider how their ideas can contribute to a sustainable future for all.”

“We are proud to support WSI and especially the newly expanded Imagination League. This comes as part of our commitment to provide children around the world with greater opportunities to learn and participate through ensuring resource accessibility in multiple languages,” said Hadeel Al-Eisa, Corporate Citizenship Manager at Aramco. “The talent and creativity of these young innovators is incredible. Their ideas not only reflect their potential but also highlight the importance of fostering a culture of innovation and sustainability from an early age.”

Overall, this year’s World Series of Innovation drew a total of 5,112 participants from 82 countries, with 1,161 participating in the Imagination League and competing for the chance to win up to $600 in prizes. Each challenge is linked to a specific SDG, encouraging participants to think critically about pressing global issues:

  • Harlyn Bowns & Becca Dean from Randall Middle School in Florida won the Aramco Clean Water Challenge with their idea CWW, a long filtration pipeline that can stretch for miles to filter out harmful germs in contaminated water.
  • Michal Lucian Prenoveau and Avi Dhillon from Hillsborough County Public Schools in Florida won the Citi Foundation Youth Economic Advancement Challenge with their idea Stock Up on Jobz, an app designed for kids who want to explore additional ways to earn money within their community.
  • Myra Saxena from Herbert Hoover Elementary School in California won the MetLife Foundation Good Health and Well-Being Challenge with her idea Healthy Littles, a convenient platform for children with diabetes to research healthy habits, discover diabetes-friendly recipes, and log their food intake.

The winners of the World Series of Innovation Impact League (ages 13-24) will be announced on April 14, 2025.

Learn more about the NFTE WSI innovation challenges, the sponsoring organizations, and the prizes being offered at innovation.nfte.com. Find out more about the winning entries at innovation.nfte.com/results.

For media inquiries, please contact NFTE National Communications Director Denise Berkhalter, APR, 917-281-4362, at [email protected].

About NFTE 

Network for Teaching Entrepreneurship (NFTE) ignites the entrepreneurial mindset with unique learning experiences that empower students to own their futures. A global nonprofit founded in 1987, NFTE provides high-quality entrepreneurship education to middle school, high school, and postsecondary students. NFTE brings the power of entrepreneurship to students, regardless of family income, community resources, special needs, gender identity, race, or ethnicity. NFTE has educated more than a million students, delivering our programs in school, out of school, in-person, online, or through hybrid models. Visit nfte.com to learn more.

Attachment

Denise Berkhalter, APR
Network for Teaching Entrepreneurship (NFTE)
917-281-4362
[email protected]

GlobeNewswire Distribution ID 9360222

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Mavenir and EdgeQ Introduce Industry’s First Software-Defined 4G and 5G Next Generation Small Cells for Neutral Host and Urban Densification

Companies bring together multi-generation expertise to deliver flexible, rapidly deployable and low-power small cells for indoor and outdoor environments

RICHARDSON, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, and EdgeQ, a leader in 5G wireless infrastructure, unveil the next generation of indoor and outdoor small cells at the Mobile World Congress Barcelona 2025. The cloud-native, software programmable small cells deliver both 4G and 5G on a single chip, allowing customers to dynamically reconfigure and elastically scale from 4G to 5G without any hardware change, redesign, or reinstallation.

The collaboration introduces new capabilities aimed at enterprise and neutral host providers for indoor environments and meet the demands of communication service providers (CSPs) needing cutting-edge outdoor equipment to support urban densification.

The next generation small cell offering will focus on enabling flexibility, low power consumption, and ease of deployment. The solution empowers CSPs to address rapidly increasing data traffic demands while ensuring a long-term return on investment. The small cell solution, set for general availability in 2Q 2025, will support a range of 4G and 5G spectrum bands, and flexible configurations from single-band 4G or 5G setups to complex multi-band combinations, on a single board. Additionally, the solution offers a future-proof approach with remote software upgrades, allowing CSPs to migrate smoothly from 4G to 5G without hardware changes and maximizing their investments.

Sachin Karkala, SVP & GM RAN at Mavenir, said: “This strategic relationship will be disruptive for the small cell market, introducing new capabilities that meet a wide range of needs. EdgeQ is a partner that’s working at the cutting edge of silicon technology, and this partnership enables increased levels of flexibility for CSPs, enterprises and neutral host providers. We’re changing the economics of 5G deployments with small cells by reducing energy consumption, simplifying deployment and ensuring long-term ROI.”

Mavenir’s indoor small cell solution leverages EdgeQ’s highly programmable “Base station-on-a-chip” to deliver a singular solution that is dynamically configurable to help service providers navigate 4G to 5G migration, NSA to SA migration, TDD and FDD migration, and multi-carrier support. The lean design is ideal for both indoor and outdoor deployments where ubiquity of coverage at low TCO is expected by operators.

Vinay Ravuri, Founder and CEO of EdgeQ, said: “We are delighted to partner with Mavenir to enable a new category of small cells that converges multiple radios, bands, and carriers at new unit economics long sought after by service providers. The flexibility that we are enabling with Mavenir will drive frictionless small cell deployments by meeting the short and long-term needs of all connectivity providers. Our state-of-the-art 4G and 5G platform makes the widest range of spectrum configurations possible and ensures a clear upgrade path as traffic grows.”

Mavenir’s small cell solutions enable enhanced network capacity and coverage in indoor and outdoor environments meeting the full range of public and private network use cases.

Mavenir’s full radio portfolio will be displayed at the upcoming MWC Barcelona, March 3-6, in Hall 2, Stand 2H60. For more on Mavenir’s presence at the show visit https://www.mavenir.com/mwc-2025/

About Mavenir:

Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

About EdgeQ

EdgeQ is a Silicon Valley based semiconductor company that has developed the world’s first software-defined 4G+5G “Base Station-on-a-Chip,” giving customers the revolutionary ability to build and deploy cellular networks on a single chip the size of a coin. Led by executives from Qualcomm, Intel, and Broadcom, EdgeQ is pioneering converged connectivity and AI that is fully software-customizable and programmable. The company is backed by world-renowned investors and industry titans. To learn more about EdgeQ, visit www.edgeq.io

PR Contacts:

Mavenir: Emmanuela Spiteri | [email protected]
EdgeQ: Edward Wu (Head of Marketing) | [email protected]

GlobeNewswire Distribution ID 9359709

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Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation

Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation
Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation
Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation

VICTORIA, Seychelles, Feb. 18, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released its January 2025 Transparency Report, highlighting a dynamic start to the year marked by significant growth in trading volumes, platform engagement, and ecosystem innovation.

Bitget expanded the BGB ecosystem through strategic initiatives, including launching a BGB liquidity pool on Uniswap and a $1.1 million liquidity pool on Bulbaswap following its integration with Morph Chain. These efforts enhance cross-chain compatibility and deepen liquidity, positioning BGB as a strong pillar of the Bitget ecosystem. Additionally, Bitget Research shared a report on 20% of Gen Z and Gen Alpha respondents who are open to incorporating crypto into pension plans, signaling a shift in long-term financial planning preferences toward digital assets.

January saw the introduction of multiple platform enhancements. Bitget TraderPro Season 4 launched with a 10,000 USDT Grand Prize, enabling traders to test strategies and optimize returns. The HodlerYield service debuted, allowing users to earn passive income by holding USDE and weETH. Bitget Seed, an AI-powered algorithm, was unveiled to identify early-stage Web3 projects, while a strategic integration with Zen streamlined crypto payments across 11 fiat currencies. Bitget also became the first centralized exchange to offer TAO staking, expanding opportunities for users to earn rewards.

Bitget Wallet strengthened its offerings with a $1 million airdrop for BGB holders, exclusive collaborations with Bitrefill for crypto-powered gift cards, and AI Agent Trading Zone features. The wallet’s limit order support on Base and Solana chains further enhances automated trading capabilities.

Global engagement efforts included participation in the Crypto XR event in Auxerre, France, attended by over 3,000 enthusiasts, and New Year’s meetups in the Philippines, Vietnam, Russia, Spain, Portugal, Italy, Kenya, and other regions. These events fostered deeper connections with users and showcased Bitget’s expanding global footprint.

Bitget’s January 2025 achievements build on its 2024 momentum, establishing the platform as a top-tier exchange focusing on security, innovation, and accessibility. As the crypto landscape evolves, Bitget remains poised to drive adoption through cutting-edge solutions and strategic partnerships, supporting users in navigating the opportunities and complexities of the digital asset era.

For the full January 2025 transparency report, visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f7f064f-8f44-40ae-9096-c738e009aaa8

GlobeNewswire Distribution ID 1001049132

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Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation

Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation

VICTORIA, Seychelles, Feb. 18, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released its January 2025 Transparency Report, highlighting a dynamic start to the year marked by significant growth in trading volumes, platform engagement, and ecosystem innovation.

Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation

Bitget expanded the BGB ecosystem through strategic initiatives, including launching a BGB liquidity pool on Uniswap and a $1.1 million liquidity pool on Bulbaswap following its integration with Morph Chain. These efforts enhance cross-chain compatibility and deepen liquidity, positioning BGB as a strong pillar of the Bitget ecosystem. Additionally, Bitget Research shared a report on 20% of Gen Z and Gen Alpha respondents who are open to incorporating crypto into pension plans, signaling a shift in long-term financial planning preferences toward digital assets.

January saw the introduction of multiple platform enhancements. Bitget TraderPro Season 4 launched with a 10,000 USDT Grand Prize, enabling traders to test strategies and optimize returns. The HodlerYield service debuted, allowing users to earn passive income by holding USDE and weETH. Bitget Seed, an AI-powered algorithm, was unveiled to identify early-stage Web3 projects, while a strategic integration with Zen streamlined crypto payments across 11 fiat currencies. Bitget also became the first centralized exchange to offer TAO staking, expanding opportunities for users to earn rewards.

Bitget Wallet strengthened its offerings with a $1 million airdrop for BGB holders, exclusive collaborations with Bitrefill for crypto-powered gift cards, and AI Agent Trading Zone features. The wallet’s limit order support on Base and Solana chains further enhances automated trading capabilities.

Global engagement efforts included participation in the Crypto XR event in Auxerre, France, attended by over 3,000 enthusiasts, and New Year’s meetups in the Philippines, Vietnam, Russia, Spain, Portugal, Italy, Kenya, and other regions. These events fostered deeper connections with users and showcased Bitget’s expanding global footprint.

Bitget’s January 2025 achievements build on its 2024 momentum, establishing the platform as a top-tier exchange focusing on security, innovation, and accessibility. As the crypto landscape evolves, Bitget remains poised to drive adoption through cutting-edge solutions and strategic partnerships, supporting users in navigating the opportunities and complexities of the digital asset era.

For the full January 2025 transparency report, visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f7f064f-8f44-40ae-9096-c738e009aaa8

GlobeNewswire Distribution ID 1001049132