Archive for November, 2018

$PBIO Bradford A. Young, Ph.D., MBA Joins Pressure BioSciences as CCO

With Academic and Industry Experience Spanning 25 Years, Dr. Young Will Combine Exceptional Industry, Business, and Marketing Skills with Strong Technical and Leadership Experience to Help Drive Product Adoption and Accelerate Revenue Growth

SOUTH EASTON, MA / November 7, 2018 / Pressure BioSciences, Inc. (OTCQB: PBIO) (”PBI” or the ”Company”), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide life sciences industry, today announced that Dr. Bradford A. Young has joined the Company as Sr. Vice President and Chief Commercial Officer (”CCO”) effective Monday, November 5, 2018. In this key new leadership position, Dr. Young is responsible for assessing multiple major new and divergent market opportunities, and for optimizing the commercialization priorities and strategy for the Company. Beyond strategic planning, Dr. Young will drive the execution of critical partnering and commercialization programs to build customer adoption and accelerate revenue growth.

Dr. Young said: ”I am excited to join Pressure BioSciences at a time when I can help to develop and then lead commercial strategies to expand the utility and market penetration of our patented, pressure-based technology platforms, through customer-focused efforts to drive adoption and sales expansion. It is highly motivating to join a company driven by such cutting-edge scientific innovations, already spanning multiple major application areas, and supported by a diverse array of products and services to multiple customer segments. I look forward to leading the company’s commercialization and strategic partnership efforts in its highly-respected core area of pressure cycling technology (”PCT”) products, as well as its recently acquired PreEMT platform for improving the development of protein therapeutics. I am particularly excited to become part of PBI’s team that is developing the Company’s powerful new Ultra Shear Technology (”UST”) platform. I believe that UST can open up a vast range of market opportunities for nano-scale emulsions, including in the nutraceuticals (e.g., CBD oil), cosmetics, pharmaceuticals, and food industries. I consider myself very fortunate to be joining PBI at a pivotal point in its history, when I can contribute with their team to building what I believe can become a major new life sciences tools and services company.”

Prior to joining the Company, Dr. Young provided executive level consulting and leadership roles to biomedical technology, diagnostic and pharmaceutical companies for strategic planning, product development and commercialization. Dr. Young’s background includes entrepreneurial experience as the Founder and CEO of AddisonField Corporation, a biotechnology company developing and commercializing consumer health products, and as Vice President of Business Development for Nodality, a pharmaceutical services company providing disease and drug profiling services in oncology and autoimmune diseases. Prior to Nodality, Dr. Young served as Director of Market and Business Development for Quest Diagnostics, a leading clinical reference laboratory, and as Head of Market Development for Celera, a pioneer in personalized medicine. Dr. Young serves on the Board of Directors of Liquid Biotech, Inc., a circulating tumor cell diagnostic company and on the Selection Committee for SPADA, the Stanford Predictives and Diagnostics Accelerator program. Dr. Young earned his Ph.D. from the University of Maryland, School of Medicine and his M.B.A. from the University of California, Berkeley, Haas School of Business.

Mr. Jeffrey N. Peterson, Chairman of the Board, commented: ”We are truly delighted to welcome Dr. Young into the leadership team for Pressure BioSciences. I have followed his contributions as a respected strategic thinker and leader in multiple settings across the life sciences industry for more than a decade. Brad combines the acumen, skills, experience, vision and character to deliver critical strengthening and rapid growth to PBI’s trajectory. We view his addition to the senior leadership of PBI as a transformational opportunity, well positioned at an important inflection point in the Company’s history.”

Mr. Richard T. Schumacher, President and CEO of PBI, added: ”I have had the pleasure of knowing Brad for many years, both personally and professionally. He is a natural leader, a tireless worker, a strategic thinker, and a team player. His technical skills are superb, and his business and commercialization skills have been honed and proven. He is a highly technical, industry and market expert with the abilities to optimize our revenue acceleration, by developing and implementing a commercialization strategy built on deep understanding of diverse life science customers and their needs. I very much look forward to working with such a driven, results-minded, highly-motivated new leader in our team.”

About Pressure BioSciences, Inc.

Pressure BioSciences, Inc. (OTCQB: PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences industry. Our products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or ”PCT”) hydrostatic pressure. PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). Our primary focus is in the development of high pressure-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, food science, soil & plant biology, forensics, and counter-bioterror applications. Additionally, PBIO is actively expanding the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired PreEMT technology from BaroFold, Inc. to allow entry into the biologics manufacturing and contract research services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (”UST”) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies.

Forward Looking Statements

This press release contains forward-looking statements. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “intends,” “anticipates,” “believes,” estimates,” “predicts,” “projects,” “potential” or “continue” or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. In evaluating these statements, you should specifically consider various factors. Actual events or results may differ materially. These and other factors may cause our actual results to differ materially from any forward-looking statement. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, and other reports filed by the Company from time to time with the SEC. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.

For more information about PBI and this press release, please click on the following website link:

http://www.pressurebiosciences.com

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FOR IMMEDIATE RELEASE

Investor Contacts:
Richard T. Schumacher, President and CEO (508) 230-1828 (T)
Jeffrey N. Peterson, Chairman of the Board (650) 812-8121 (T)

Wednesday, November 7th, 2018 Uncategorized Comments Off on $PBIO Bradford A. Young, Ph.D., MBA Joins Pressure BioSciences as CCO

$NUGS Investors Flock to Cannabis Market as Business Booms

CannabisNewsWire Editorial Coverage: As the cannabis industry sees its profits and legitimacy rise, the market potential is drawing increased attention from big investors.

  • The U.S. and global cannabis sector is seeing great growth, lifted by the success of medical and recreational cannabis and legalization in Canada.
  • This is drawing in previously reluctant investors as companies become listed on stock exchanges.
  • Greater integration within the sector is both a symptom of and a support for this cannabis boom.

Cannabis Strategic Ventures (OTC: NUGS) (NUGS Profile) shows this integrated approach, bringing together cultivation, product sales and personnel services for the cannabis industry. Tilray, Inc. (NASDAQ: TLRY) is working across borders on international research to create better cannabis-based medicines. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has benefited hugely from the surge in investor attention, receiving billions in investment from the beverage sector. CBD products are allowing parts of the cannabis sector to achieve widespread acceptance, thanks to the work of companies like Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) (CSE: CWEB). All of this means a rise in sales for suppliers of hydroponic equipment such as GrowGeneration Corp. (OTCQX: GRWG).

Cannabis’s Money Problems

The legal cannabis industry is one of the newest in the world and one weighed down with a great deal of baggage. Decades in the legal wilderness have tainted the public image of the drug, leaving many potential customers and investors with a negative knee-jerk reaction to the sector and its products. Even now, as legal cannabis becomes more common on a state-by-state basis, the U.S. industry is held back by lingering federal laws enacted as a result of the war on drugs.

This has created challenges for cannabis companies in search of finance. Both the legal restrictions in the United States and historical prejudice against the industry have made it hard to find mainstream investors. But with the market expanding and profits rising significantly year on year, that looks set to change.

The Signs of Change

In the United States, the cannabis industry is taking off in a big way. California is the largest of the nine state-sized markets for recreational cannabis, so it makes sense that the state has become home to many of the companies working in the sector, such as Cannabis Strategic Ventures (OTC: NUGS). But the seeds for the rise of these companies lie elsewhere.

The first signs of the huge potential for a legal cannabis market came in 1996, when California passed Proposition 215, the first law making medical cannabis legal in a U.S. state. The medical market quickly took off, with legal companies moving into a business previously owned entirely by criminals, while other states considered such legislation of their own. Just over 20 years later, 31 states have legal medical cannabis markets, and a whole host of companies have sprung up to cater to them. Knowledge of cannabis’s benefits has also grown swiftly, thanks to these companies’ research efforts.

But the biggest bellwether for growth in the recreational market has come from north of the border. This October, Canada became the first G8 country to legalize recreational cannabis on a national level. The result is a tightly regulated and quickly growing industry that is setting an example for the rest of the world.

That example holds out great promise for the likes of companies such as Cannabis Strategic Ventures. Cannabis Strategic Ventures has taken a portfolio approach to the cannabis sector, developing a range of brands covering areas such as cannabis oil, concentrate extraction services, staffing for the cannabis sector, and most recently cannabis cultivation itself.

The industry is growing quickly, with analysts predicting that it will reach $65 billion by 2023. That’s creating plenty of space for companies such as Cannabis Strategic Ventures to grow. It’s also drawing the attention of investors.

The Rise of Cannabis Investment

The cannabis industry didn’t initially attract a lot of funding from investors. The potential of cannabis as a legal market was unclear, and it came with risks thanks to the drug’s illegality at a federal level. Investors couldn’t yet see much potential for profit, and they were wary of throwing their financial lot in with such a dubious group.

Now, however, the market has had time to mature. The sector isn’t just a handful of cultivators and retailers trying to work on an untested business model. There are specialist cannabis tech firms, research outfits and umbrella companies such as Cannabis Strategic Ventures. It’s looking more and more like a conventional market sector — though a market sector subject to staggering growth.

The result is a growing surge of investment. Since January this year, U.S. cannabis companies have raised more than $8.2 billion of investment, while their Canadian cousins raised $2.2 billion in October alone.

Getting listed on a stock exchange is invaluable to a getting a company’s stocks in front of powerful investors and thus raising additional funds. Larger cannabis companies are looking at moving from the Toronto exchange to the New York Stock Exchange, the largest stock market in the world, while others such as Cannabis Strategic Ventures are preparing for their first listings.

Investors are more prepared now to take a chance on the cannabis market. Stock exchange presence will allow cannabis companies to tap into that potential and so to take a stronger place in a fast-growing market.

A Fractured Industry

The American cannabis industry is a fractured one. Without the well-established business relationships and support structures of longer-standing sectors, many of the pieces are small and disjointed. Progress has been driven primarily by small startups.

The same moment of maturity that has brought the recent wave of investment has also brought the seeds of change for the industry’s structure. Some companies are using mergers and takeovers to build bigger businesses focused on particular parts of the sector, benefiting from the efficiencies these acquisitions bring. Others are diversifying to create companies with greater reach across the sector and even potential to take it to new places. Cannabis Strategic Ventures, for example, is expanding its product lines to include beauty products even as it adds cultivation to its portfolio for greater vertical integration.

Within the industry, one of the big fractures in the United States is that between the different states. With cannabis still illegal under federal laws, businesses have to operate within the borders of individual states with their own local regulations. Though some companies have operations in several states, it’s not yet possible to create a properly integrated national operation, at least in part because of states where the drug remains entirely illegal. But with the White House hinting at potential reform, this is something that could change over the next few years. While politicians respond slowly to public and investor demand for a more efficient and integrated cannabis sector, it’s the companies that are leading the way.

An Industry Coming Together

Despite the limitations they face, cannabis companies are finding ways to come together and cooperate, both within the United States and across international borders.

Tilray, Inc. (NASDAQ: TLRY), a leading medical cannabis company, is supporting research work beyond the borders of the United States. As a supplier of materials for clinical trials in Canada and Australia, Tilray working with other research-oriented companies to increase understanding of the effects of cannabis and develop better treatments based upon it. These could be invaluable in treating such problems as chemotherapy-induced nausea and childhood epilepsy. And while the work has an invaluable humanitarian element, it’s also appealing to investors who recognize the profits present in the pharmaceutical industry.

Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) is one of the great investment success stories. One of Canada’s largest cannabis companies, it has attracted several billion dollars of investment from Constellation Brands, an American drinks manufacturer. This represents an interesting twist on integration within the cannabis industry, with an alcohol company looking to get involved in other recreational chemicals. Tobacco companies have been taking a similar interest in cannabis, and the industry may one day bleed over into one or both of these related sectors.

Already connected into the cannabis industry is industrial hemp, a form of cannabis that doesn’t get users high. Recent years have seen a surge in sales of cannabidiol (CBD) products, which use a compound extracted from industrial hemp. Companies such as Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) (CSE: CWEB) have had huge success is developing and marketing CBD-based health and wellness products. These products are gaining mainstream acceptance, with Charlotte’s Web getting its products into three thousand outlets.

The success of cannabis growers and retailers has been a boon for companies providing the products and services they need. GrowGeneration Corp. (OTCQX: GRWG), which supplies hydroponic systems and nutrients used in growing cannabis, has seen a massive rise in sales off the back of legalization initiatives. The company’s sales went up by 80 percent in 2017, and it has acquired several smaller companies to help it make the most of this surging demand.

Greater investment helps companies to achieve these successes, which in turn draw in greater investment. As more cannabis companies hit the big stock exchanges, the industry looks set to see its growth continue.

For more information on Cannabis Strategic Ventures, visit Cannabis Strategic Ventures, Inc. (NUGS)

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Wednesday, November 7th, 2018 Uncategorized Comments Off on $NUGS Investors Flock to Cannabis Market as Business Booms

$NETE CannabisNewsAudio Net Element Eying Perfect Sector to Act on Its Vision

NEW YORK, Nov. 07, 2018 — via CannabisNewsWire – CannabisNewsAudio announces the Audio Press Release (APR) titled “Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry,” featuring Net Element, Inc. (NASDAQ: NETE).

To hear the CannabisNewsAudio version, visit: http://cnw.fm/3YB3q

To read the full editorial, visit: http://cnw.fm/8NlgM

While the majority of states now allow the legal sale of some form of cannabis or its derivatives within their boundaries, cannabis providers may still find it challenging to find payment options that allow mobile payments, offer value-added transactions, and are easy for both the business and the end user. Fortunately, companies such as Net Element are positioning themselves to provide exactly what this underserved industry is looking for.

A growing sector with a need for innovative solutions is the perfect place for a company such as Net Element to act on its vision.

“We are excited to launch a legal cannabis payment acceptance solution to meet the needs of sales partners and merchants for this emerging market,” commented Vlad Sadovskiy, president of integrated payments for Net Element. “Addressing the needs of our merchants is our number one priority and we work closely with various vendors to bring our merchants state-of-the-art payment acceptance solutions.”

About Net Element

Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500. In 2017, Net Element was recognized by South Florida Business Journal’s as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com

About CannabisNewsWire (CNW)

CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the space, (3) enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition and content to the cannabis industry.

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Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

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Wednesday, November 7th, 2018 Uncategorized Comments Off on $NETE CannabisNewsAudio Net Element Eying Perfect Sector to Act on Its Vision

$YGYI to Utilize Unique Business Model in the Cannabis Space

Youngevity International (NASDAQ: YGYI) is a leading omni-direct lifestyle that employs a unique business model. An article discussing the company reads, “Youngevity offers a hybrid of the direct selling business model. This model encompasses person-to-person selling relationships, which consist of a “network of networks.” This model additionally offers e-commerce and the power of social selling. The company offers a host of consumer products and services. This includes its diverse gourmet boutique coffee blends from wholly-owned subsidiary CLR Roasters. CLR Roasters’ products are produced through a vertically integrated “farm-to-cup” pipeline. … Furthermore, Youngevity is in the process of entering the cannabis market.”

To view the full article, visit: http://nnw.fm/8w4Wg

About Youngevity International, Inc.

Youngevity International, Inc. (NASDAQ: YGYI) is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, Youngevity offers proven products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. The company was formed during the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For more information, visit the company’s website at www.YGYI.com

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Tuesday, November 6th, 2018 Uncategorized Comments Off on $YGYI to Utilize Unique Business Model in the Cannabis Space

$DPW To Simplify Its Organizational Structure

New Technology and Finance Groups To Be Created to Support Growth Objectives

NEWPORT BEACH, Calif., Nov. 06, 2018 —  DPW Holdings, Inc. (NYSE American: DPW), (“DPW”) a diversified holding company, announced that its board of directors has approved a proposed reorganization of its corporate structure. The reorganization is intended to enhance DPW’s ability to reach its objectives, notably its growth strategy, as well as to assist its investors and others to better understand the components and purpose of each subsidiary. DPW Holdings will acquire, grow and spinoff companies in two separate groups: DPW Technology Group and DPW Financial Group.

“DPW constantly evaluates options to increase stockholder value through acquisition, appreciation, and disposition of our companies and strategic investments,” stated CEO and Chairman Milton “Todd” Ault, III. “We own, fund and grow multiple companies in various sectors with commonalties in the business models, growth strategies, and needs for financing and leadership. We believe supporting our assets in these two specific groups will enhance our ability to help them achieve their objectives and, ultimately, generate greater value.”

Organizational Structure
DPW will own 100% of these two groups and anticipates beginning accounting for them separately in 2019:

  • DPW Technology Group will focus on advanced technology, design, power solutions and manufacturing businesses in defense, aerospace, telecom, medical, and textiles. Mr. Ault will serve as the interim CEO, and William B. Horne as the financial executive.
  • DPW Financial Group will focus on lending, cryptocurrency mining, hospitality, and real estate. Darren Magot will serve as CEO and Kenneth S. Cragun as the financial executive.

The officers of DPW will remain the same: CEO Milton “Todd” Ault, III, CFO William B. Horne, and CAO Kenneth S. Cragun. DPW anticipates that the corporate restructuring will enable it to leverage more efficiently its sustainable assets, including making additional strategic investments.

DPW plans to provide a company update and report third-quarter 2018 financial results in mid-November 2018.

For more information, it is recommended that stockholders, investors and interested parties read  DPW’s public filings and press releases available under the Investor Relations section at www.DPWHoldings.com or available at www.sec.gov.

About DPW Holdings, Inc.

DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly owned subsidiaries and strategic investments, the company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary. DPW Holdings, Inc.’s headquarters is located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; www.DPWHoldings.com.

Forward-Looking Statements
The foregoing release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.DPWHoldings.com.

 

Contacts: 
Kirsten Chapman, LHA Investor Relations, 415.433.3777, dpwholdings@lhai.com
Tuesday, November 6th, 2018 Uncategorized Comments Off on $DPW To Simplify Its Organizational Structure

$NETE Launches Aptito on the World’s First Smart Payment Terminal

MIAMI, FL, Nov. 06, 2018 — via NEWMEDIAWIRE – Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announces the launch of Aptito, its comprehensive POS solution on PoyntSmart Payment Terminal.

Through this collaboration with Poynt, Net Element moves one step closer to its goal of helping merchants transact seamlessly across multiple touch points. Effective immediately, the Aptito POS application will come bundled in Poynt devices.  The combination of Aptito’s powerful POS application and Poynt’s interactive smart payment terminal offer a robust and flexible state-of-the-art solution to meet the needs of new merchants as well as those transitioning from legacy systems. The Aptito POS application on Poynt comes packed with multiple features, including:

  • Easy setup
  • All-in-one platform
  • Cloud-based solution
  • Real-time reporting
  • Smart inventory management
  • Offline mode
  • Self-order kiosk
  • Innovative gift and loyalty program (launched on Poynt in Nov. 2016)

This partnership enhances Aptito’s comprehensive flagship restaurant POS solution by combining the latest technology with a significantly robust software application for restaurants. Existing Poynt clients are now able to download the Aptito application directly via the Poynt terminal without using any additional hardware and follow the configuration wizard to get their business up and running. Similarly, Aptito clients have effortless access to the Poynt terminal, empowering them with greater payment capabilities such as pay-at-the-table and self-ordering payments.

As part of Aptito’s comprehensive POS offering, merchants are able to take advantage of Unified Payments’ Zero Pay cash discount program to eliminate credit card processing fees, as well as other innovative programs helping merchants both reduce their expenses and increase sales.

“We are excited to continue building our relationship with Poynt bringing merchants a clear competitive edge in the marketplace.  In the coming months Aptito will be available on all variations of Poynt devices including the newest Poynt 5 line,” commented Vlad Sadovskiy, President of integrated payments for Net Element.

About Net Element

Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., the Company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, our cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™.  In 2017 we were recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. Further information is available at www.NetElement.com.

Forward-Looking Statements

Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Net Element and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the launch of Aptito’s POS solution on Poynt will be garner traction or prove successful for the Company. Additional examples of such risks and uncertainties include, but are not limited to (i) Net Element’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Net Element’s ability to maintain existing, and secure additional, contracts with users of its payment processing services; (iii) Net Element’s ability to successfully expand in existing markets and enter new markets; (iv) Net Element’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Net Element’s business; (viii) changes in government licensing and regulation that may adversely affect Net Element’s business; (ix) the risk that changes in consumer behavior could adversely affect Net Element’s business; (x) Net Element’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions; and (xii) adverse effects of potentially deteriorating U.S.-Russia relations, including, without limitation, over a conflict related to Ukraine, including a risk of further U.S. government sanctions or other legal restrictions on U.S. businesses doing business in Russia. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Net Element with the Securities and Exchange Commission. Net Element anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Net Element assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact:

Net Element, Inc.

+1 (786) 923-0502

www.netelement.com 

Media@NetElement.com

Corporate Communications Contact:
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Tuesday, November 6th, 2018 Uncategorized Comments Off on $NETE Launches Aptito on the World’s First Smart Payment Terminal

$YGYI CEO to Speak at the Cannabidiol Symposium

  • Youngevity CEO invited as a featured speaker to the Cannabidiol Symposium slated for November 6, 2018
  • Direct selling companies dealing with cannabidiol-related products projected to rake in up to $300 million in revenue
  • Youngevity adds phytocannabinoid-rich, full-spectrum HempFX into its line of products

Youngevity International, Inc. (NASDAQ: YGYI) is one of the leading direct selling companies for lifestyle products. The company has one of the most unique direct selling business models, combining the power of social selling and e-commerce. Among the categories in which its products are listed are home and family, health and nutrition, spa and beauty, food and beverage, essential oils, fashion, photo and innovative services.

On October 24, 2018, the company made an official announcement that it is participating in the Cannabidiol Symposium to be hosted by Direct Selling News and Success Partners. Among the featured speakers at the event scheduled for November 6, 2018, in Dallas, Texas, is the company’s CEO, Steve Wallach (http://nnw.fm/7rgQq).

The opportunities in the direct selling market are enormous. In the case of cannabidiol-related products, projections suggest 2018 sales of over $300 million for companies in this niche. This effectively makes direct selling the largest and most preferred distribution channel for products in this sector.

Youngevity has made a strategic footprint by bringing together a variety of products and services under the same fold through a combined power of social selling and e-commerce. Official sources from the company express a strong belief that it is well positioned to leverage the cannabidiol direct selling boom to strengthen its foothold.

The CEO is optimistic that the event presents a unique opportunity where players in the industry will share information on the best practices in direct selling business models. Cannabidiol is one of the transformative products that is gaining traction in many jurisdictions around the world. Direct selling is the platform that will take this product to the consumers.

Youngevity has transitioned successfully to an international marketer of health and lifestyle products and services. According to the CEO, the invitation to speak at the symposium represents a recognition of the role and influence of the company in the direct selling channel and cannabidiol space.

HempFX is the latest product launched by Youngevity. It is a hemp-derived cannabidiol oil, rich in phytocannabinoid, that nurtures the body and complements health regimes. It is available in three proprietary formulas – Uplift, Relax and Soothe – all of which are double tested and contain no tetrahydrocannabinol.

The HempFX product line contains two tablet-based products designed to be used alongside Youngevity’s Y-DR8+ portable water system. This provides users with palatable water while reducing chemical traces found in piped water. The Y-DR8+ has an activated carbon cloth filter that is portable and convenient for today’s on-the-go lifestyle.

Youngevity was formed in 2011 following a merger between Javalution Coffee Company and Youngevity Essential Life Sciences. The company recorded annual revenues of $166 million in 2017, derived from both direct selling and its coffee industry business segment.

For more information, visit the company’s website at www.YGYI.com

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NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Monday, November 5th, 2018 Uncategorized Comments Off on $YGYI CEO to Speak at the Cannabidiol Symposium

$TGODF Global Cannabis Revenue Growth Continues to Jump as Expectations Hit New Highs

Palm Beach, FL – (November 5, 2018) – The ever expanding global cannabis industry continues to surpass all expectations relating to growth as leading cannabis companies in the industry expand into new markets behind increased consumer enthusiasm, as well as reduced barriers to entry behind advanced legalization efforts. The industry has seen headlines of food and beverage giants dumping billions into the space in order to get their share of the pie, as well as steady growth despite global volatility in other markets. A report by Grand View Market Research projects the legal cannabis market will be valued north of $140 Billion within the next seven years. As this industry continues to be highly active, it is also seeing increasing turnover rates, as well as a separation from the pack of the elite producers in the industry.   Active Companies from around the market with current developments include: Body and Mind Inc. (CSE:BAMM) (OTC: BMMJ), HEXO Corp. (TSX:HEXO) (OTC:HYYDF), Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB), Aphria Inc. (NYSE:APHA) (TSX:APHA), The Green Organic Dutchman Holdings Ltd.  (TSX:TGOD) (OTC:TGODF).

Body and Mind Inc. (CSE:BAMM.CN) (OTCPK:BMMJ) BREAKING NEWS:  Body and Mind announced today that it has closed the previously announced sale of securities pursuant to an investment agreement (the “Investment Agreement”) with Australis Capital Inc. (CSE: AUSA) (“Australis”).

Director Appointment – The Company is pleased to announce the appointment of Mr. Scott Dowty as a director of the Company. Mr. Dowty will replace Chris Macleod on the board of directors. Mr. Dowty is the CEO and Director of Australis Capital Inc. and brings 25 years of experience evaluating companies and markets to identify key business drivers, spur rapid revenue and profit growth in competitive and highly regulated global markets. Mr. Dowty has held executive and corporate officer positions with NYSE and NASDAQ listed companies, founded several successful start-up companies in North America and has held Board positions within market leaders in the Cannabis industry. Mr. Dowty’s extensive operational experience in the International fintech and gambling sectors is closely aligned to the regulatory path of the U.S. cannabis industry.

“I am eager to add immediate value to the BAMM franchise both as Director and as CEO of Australis Capital, a large strategic investor in BaM” states Scott Dowty. “Just as Aurora Cannabis built their global platform and spun-out Australis Capital, we will leverage strategic relationships while exercising a disciplined and aggressive approach in expanding BaM’s reach and creating value for BaM shareholders”.

Robert Hasman, Director of BaM commented “This strategic partnership with Australis’ will provide BaM with tremendous opportunities as a result of an immense deal flow.  The domain knowledge of the Australis network is industry leading and will be invaluable as we focus our attention on strengthening our two key franchises in Nevada and Ohio.  We would like to welcome the CEO of Australis, Mr. Scott Dowty, to our board of directors and would like to thank Chris Macleod for his contributions to the board of directors and wishes him well in his future endeavours.”

Subject to applicable laws and the rules of the CSE, for as long as Australis owns at least 10% of the issued and outstanding Common Shares, Australis will be entitled to nominate one director for election to the Board of Directors of the Company (the “Board”). If Australis exercises all of the Warrants and converts all of the Debentures purchased in the Financing, Australis will be entitled to nominate a second director for election to the Board.     Read this and more news for BAMM at:  http://www.financialnewsmedia.com/news-bamm

In other industry developments and happenings in the market this week include:

  

HEXO Corp. (TSX:HEXO) (OTCPK:HYYDF) has announced the closing of the acquisition of its interest in a large facility in Belleville, Ontario. This is the first facility that the Company has established outside of Quebec, further delivering on its national expansion strategy and allowing HEXO to create a centre of excellence for the development of advanced cannabis products.  “Closing the transaction and acquiring our interest in this facility is integral to carrying out our hub and spoke business strategy,” said Sebastien St-Louis, HEXO’s CEO and co-founder. “The space can be scaled up based on our future needs and provides HEXO with the infrastructure it needs to continue partnering with Fortune 500 companies and to create category-winning cosmetics, edibles, vapes and more.”

Aurora Cannabis Inc. (Aurora) (NYSE:ACB) (TSX:ACB) and ICC Labs Inc. (TSX-V:ICC.V) late last week announced that Aurora has received, from its consortium of lenders led by Bank of Montreal (collectively, the Lenders), consent and approval as required under its credit agreement with the Lenders to the previously announced plan of arrangement (the Arrangement) between ICC and Aurora. Subject to the terms and conditions of the arrangement agreement dated September 8, 2018 (the Arrangement Agreement), Aurora will acquire all of the issued and outstanding common shares (ICC Shares) of ICC. Obtaining such consent and approval is one of the conditions to completing the Arrangement.  Strategic Rationale – The Arrangement, once approved, will create a strong foundation for expansion, and will leverage ICC’s first-mover advantage in South America, bringing significant low-cost production capacity, a well-diversified product portfolio, and extensive distribution channels throughout South America and internationally.

Aphria Inc. (NYSE:APHA) (TSX:APHA) late last week announced that its Australian-based partner Althea Company Pty Ltd. (“Althea” or the “Australian Company”) has been granted a Manufacture Licence by the Australian Government’s Office of Drug Control.  The license provides Althea with authorization to manufacture extracts and tinctures of cannabis and cannabis resin in accordance with relevant manufacture permits.  “We are excited to see our Australian partner achieve yet another milestone in receiving its Manufacture License. This is another step towards ensuring Australian patients have access to high-quality medicinal cannabis,” said Vic Neufeld , CEO of Aphria.

The Green Organic Dutchman Holdings Ltd.  (TSX:TGOD.TO) (OTCQX:TGODF) and its wholly-owned subsidiary, TGOD Acquisition Corporation (“SpinCo”), recently announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which the Company will, subject to the terms and conditions of the Arrangement Agreement, effect the previously announced spin-off transaction (the “Spin-Off”) whereby TGOD will distribute to TGOD shareholders (the “Distribution”) unit purchase warrants of SpinCo (the “SpinCo Unit Warrants”) by way of a court-approved plan of arrangement (the “Arrangement”).  Pursuant to the Arrangement, TGOD shareholders of record as of the distribution date (the “Distribution Record Date”) will receive 0.15 of one SpinCo Unit Warrant for each TGOD share held.

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This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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Monday, November 5th, 2018 Uncategorized Comments Off on $TGODF Global Cannabis Revenue Growth Continues to Jump as Expectations Hit New Highs

$NETE Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry

CannabisNewsWire Editorial Coverage: The legal cannabis industry, which anticipates massive growth over the next few years, is seeing constant innovation as companies move to provide essential services needed for that growth.

  • The global cannabis industry, which was worth $7.7 billion in 2016, is expected to reach $65 billion by 2023.
  • The industry’s upward trajectory is happening despite legal restrictions that have forced cannabis businesses to seek alternative payment solutions.
  • These solutions are among many innovations in the sector, which has a strong strand of research and design.

Net Element (NASDAQ: NETE) (NETE Profile) recently launched a compliant, secure payment processing solution focused on serving the legal cannabis industry. Medical cannabis company Tilray, Inc. (NASDAQ: TLRY) is supplying materials for a range of research projects around the world that are studying cannabis’ potential in medicine. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has received massive investment from a beverage company and is likely to be one of the first companies selling cannabis-infused drinks. And the first U.S. Food and Drug Administration (FDA)-approved cannabis-based drug has just gone on sale from GW Pharmaceuticals Plc (NASDAQ: GWPH). Meanwhile, new uses for the plant are being found, as exemplified by Cronos Group, Inc.’s (NASDAQ: CRON) (TSX: CRON) research on…

Read more »

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Monday, November 5th, 2018 Uncategorized Comments Off on $NETE Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry

$RIV.V 420 with CNW – Chronic Cannabis Shortages in Quebec

We wrote earlier that cannabis shortages were registered across Canada from the time recreational cannabis became legal in the country. Those shortages seem to be getting worse with Quebec announcing that its government-controlled retail stores would close for three days each week for an unforeseen duration until marijuana supplies can be obtained in the quantities which can satisfy the currently high demand.

The SDQC, the government agency charged with trading in cannabis within the province of Quebec, announced that its stores would be closed every Monday, Tuesday and Wednesday.

These closures would help the stores to serve their customers better on the days when the stores are open. However, the closures don’t mean that customers are guaranteed that they will always find what they want on the days when the cannabis retail stores are open.

Online sales haven’t been affected by the store closures, but many online outlets list several products as out of stock.

Cannabis producers and suppliers seem to hold the key to ending the shortages by availing cannabis products in the amounts ordered by the different stores in the province.

Interestingly, Quebec has several licensed cannabis producers, such as Aurora Cannabis. The company said that they were doing everything possible to meet the existing demand for cannabis, but they can’t force the cannabis plants to grow faster than they do.

Such a statement seems to be a worrying pointer to customers that they may have to wait for a long time before cannabis supplies stabilize and stores open on a daily basis.

Industry players suggest that such supply hiccups are inevitable each time a new industry is opened since no one can predict accurately how the market will respond. For the case of recreational cannabis, the market seems to have been yearning for the product in a way that not even the greatest optimists among the producers could have ever imagined.

Francois Legault, Quebec’s Premier, expressed surprise that there were shortages and hurried to add that it wasn’t his government that designed the distribution system. He was also concerned about the effect of marijuana on young people and vowed to do what he can to raise the minimum age at which one can legally consume recreational cannabis in the province to 21.

With legal weed so hard to get, it will not be surprising when the people resort to the black market to get high. Such an eventuality can have undesired outcomes, such as exposing users to untested products which can be harmful in the short or long-term. The government also loses tax revenue each time a person buys a joint from the unregulated (black) market. Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF), Canopy Rivers, Inc. (TSX.V: RIV) and other players hope that the shortages can end quickly before public interest in marijuana wanes.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Monday, November 5th, 2018 Uncategorized Comments Off on $RIV.V 420 with CNW – Chronic Cannabis Shortages in Quebec

$FRSX Increases Stake in RailVision Following Successful Tech, Commercial Developments

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), an innovator in automotive vision systems, announced today that it has increased its stake in RailVision Ltd. by exercising warrants into 2,704 of RailVision’s ordinary shares for an aggregate of $0.6 million. The exercise follows RailVision’s successful participation at the InnoTrans International Trade Fair for Transport Technology last September in Berlin, where RailVision demonstrated substantial technological and commercial progress. Following the exercise, Foresight holds 36.33% of the issued and outstanding share capital of RailVision and 33.78% on a fully diluted basis.

At the InnoTrans fair, RailVision presented its add-on big data module concept, enabling customized real-time and offline analysis of rail infrastructure and the surrounding ecosystems. The module concept is designed to carry out digital mapping of relevant areas, enabling infrastructure verification and behavioral and environmental trend analysis. In addition, it generates comprehensive, easy-to-view reports, supporting condition monitoring and predictive maintenance of infrastructure.

RailVision is a leading provider of cutting-edge cognitive vision sensor technology and safety systems for the railway industry. RailVision offers a solutions suite for mainline and shunting yard, equipped with deep learning technologies and designed to extend the locomotive driver’s visual range by up to two kilometers at all times of day and in all weather conditions. RailVision aims to improve the safety of trains operating at all speeds.

For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, please visit www.foresightauto.com, follow @ForesightAuto on Twitter, or join Foresight Automotive on LinkedIn.

About Foresight
Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the potential of RailVision’s products. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the overall global economic environment; the impact of competition and new technologies in the rail industry; general market, political and economic conditions in the countries in which RailVision operates; RailVision’s projected capital expenditures and liquidity; changes in RailVision’s strategy; and any litigation concerning RailVision.

The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 27, 2018, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third party websites.

 

Investor Relations:
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CEO
msegal@ms-ir.com

Monday, November 5th, 2018 Uncategorized Comments Off on $FRSX Increases Stake in RailVision Following Successful Tech, Commercial Developments

$VVCIF 420 with CNW – Lack of Regulations and Doctors’ Fears Threaten UK Medical Cannabis

Many patients celebrated when the UK government announced that doctors could start prescribing medical marijuana come November 1. However, the reality after that date is turning out to be frustrating for many patients as doctors seem reluctant to prescribe medical marijuana.

The first hurdle that patients have to negotiate is to find a specialist doctor who can prescribe medical marijuana for the condition which the patient has. This requirement is different from what happens in other countries where any GP can prescribe medical marijuana after enrolling to participate in the program.

As it is, many specialist doctors approached by patients for a prescription are turning away those patients for a variety of reasons.

Some of the doctors are saying that medical cannabis is just a fad which will pass in no time. They therefore see no need to involve themselves in such a “passing wave”. Such a mentality shows how much needs to be done to inform doctors about the medicinal benefits of marijuana.

Other specialist doctors are refusing to prescribe medical cannabis because those products are an unknown entity which hasn’t been subjected to double-blind, placebo-controlled clinical trials similar to what other drugs or pharmaceutical products undergo before coming to market.

The doctors fear that they could be held liable in case an adverse effect occurs to a patient for whom that doctor wrote a prescription for medical cannabis.

Such a fear could have been resolved in case appropriate regulations had been passed to control which marijuana products are permitted on the market.

Even patients who don’t go through specialist doctors and opt to apply to the temporary approval panel to get a license for medical cannabis have been met with rejection.

Hannah Deacon is the mother to one of the two boys whose cases generated such a huge public outcry that the government changed the existing law to make medical marijuana legal in the UK. She now works with a cannabis campaign group and has been getting calls from parents whose kids have been denied medical cannabis prescriptions.

A consultant neurologist, Dr. Waqar Rashid, understands the frustration of the patients who want to access medical cannabis. He also appreciates the concerns of the doctors and he has therefore formed a society of medical cannabis clinicians in order to disseminate information about medical cannabis. The group will form the core around which other doctors will be brought on board to prescribe medical cannabis. So far, 60 clinicians have joined that group spearheaded by Dr. Rashid.

The efforts by clinicians like Dr. Rashid and the groups of parents and patients, such as the one Hannah Deacon works with, are the way to go if clarity is to be attained on the way medical cannabis is to be availed to the patients who badly need it. Participants in the cannabis industry, such as Cannabis Strategic Ventures, Inc. (OTC: NUGS) and VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) applaud all those who are adding their voice to the calls for medical cannabis to be accessible to everyone who needs it within the UK or elsewhere.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Monday, November 5th, 2018 Uncategorized Comments Off on $VVCIF 420 with CNW – Lack of Regulations and Doctors’ Fears Threaten UK Medical Cannabis

$NUGL Expands Internal Operations to Support Sales, Marketing Growth

  • As its range of media and tech activities grows, NUGL is working to expand its internal operations
  • The company has recently acquired two cannabis industry magazines and has launched its own culturally-based NUGL Magazine
  • NUGL is creating the first of its kind specialized community that will help cannabis industry entities connect with each other

To fuel better marketing efforts and to support sales, NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, has expanded its internal operations, according to a company press release (http://nnw.fm/nE5Dl). The move is also intended to support the company’s newly launched NUGL Magazine.

As a part of the expansion, the company hired five new consultants who will be responsible for managing content distribution, increasing the effectiveness of the company’s online presence and…

Read more »

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About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Thursday, November 1st, 2018 Uncategorized Comments Off on $NUGL Expands Internal Operations to Support Sales, Marketing Growth

$RIV.V Portfolio Company James E Wagner Launches on Spectrum Cannabis Platform

TORONTO, Nov. 01, 2018 — Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (TSXV:RIV) congratulates its portfolio company, James E. Wagner Cultivation Ltd. (“JWC”) (TSXV:JWCA), on the selection and sales launch of its dried cannabis products on the Spectrum Cannabis online marketplace.

JWC is a participant in Canopy Growth Corporation’s (“Canopy Growth”) (TSX:WEED, NYSE:CGC) CraftGrow program which is designed to distribute high quality cannabis grown by a diverse set of producers through Canopy Growth’s broader distribution platform. JWC is the first entirely aeroponic licensed producer of cannabis in Canada, and its unique growing model combines craft cannabis production practices with proprietary technology to produce high quality flower. The first product expected to be offered on the Spectrum site is JWC’s high-CBD strain “Cannatonic”.

“We are thrilled to see JWC expanding its commercial strategy through participation in Canopy Growth’s CraftGrow program,” said Daniel Pearlstein, Executive Vice President, Strategy of Canopy Rivers.  “By working collaboratively with Canopy Growth, we are able to help foster unique opportunities like this for our portfolio companies. With their advanced production technology and experienced team of operators, we believe JWC is well positioned to leverage Canopy Growth’s large-scale distribution platform and provide standardized quality-controlled cannabis products to medical customers through SpectrumCannabis.com.”

Canopy Rivers has been a shareholder of JWC since August 2017. The Company controls approximately 13.7% of the issued and outstanding common shares in the capital of JWC on a fully-diluted basis. The Company also receives a royalty on a portion of the sales generated from the JWC’s Trillium Drive pilot facility. For more information regarding the Company’s investment in JWC, please refer to the joint management information circular (the “Circular”) of Canopy Rivers Corporation and the Company dated August 8, 2018, filed with Canadian securities regulators and available on the Company’s profile on SEDAR at www.sedar.com. For additional information about JWC, please refer to JWC’s profile on SEDAR or their website at www.jwc.ca.

About Canopy Rivers Inc.

The Company is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. The Company works collaboratively with Canopy Growth (TSX:WEED, NYSE: CGC) to identify strategic counterparties seeking financial and/or operating support. The Company has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which the Company believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.

Forward-Looking Statements

This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding the production technology, well positioned to leverage Canopy Growth’s large-scale distribution platform and provide standardized quality-controlled cannabis products to medical customers through SpectrumCannabis.com; and expectations for other economic, business, and/or competitive factors.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflects management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: regulatory and licensing risks; JWC product availability and variety through Spectrumcannabis.com; the ability to secure distribution and sales channels through the CraftGrow program; changes in general economic, business and political conditions, including changes in the financial markets; potential conflicts of interest; the Canadian regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; changes in applicable laws; compliance with extensive government regulation; public opinion and perception of the cannabis industry; and the risk factors set out in the Circular, filed with Canadian securities regulators and available on the Company’s profile on SEDAR at www.sedar.com.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

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.

For further information: 

Canopy Rivers Inc.
www.canopyrivers.com

Karoline Hunter
Sr. Director, Investor Relations & Communications
E-mail: ir@canopyrivers.com

Daniel Pearlstein
Executive Vice President, Strategy
E-mail: daniel@canopyrivers.com

Thursday, November 1st, 2018 Uncategorized Comments Off on $RIV.V Portfolio Company James E Wagner Launches on Spectrum Cannabis Platform

$YGYI Poised for Opportunity in Coffee and Cannabis, CannabisNewsAudio Audio Press Release

New York, New York–(November 1, 2018) –  CannabisNewsAudio announces the Audio Press Release (APR) titled “Cannabis Ignores Wider Stock Market, Follows Its Own Path,” featuring Youngevity International, Inc. (NASDAQ: YGYI).

To hear the CannabisNewsAudio version, visit: http://cnw.fm/l5X0B

To read the full editorial, visit: http://cnw.fm/wTL7L

The idea that weed doesn’t correlate to other stocks seems to have some truth. This was shown by the events of early to mid-October, when legal reform and individual brand announcements set it on an opposite trend from other shares. While the Dow has headed towards its worst month since May 2010, cannabis stocks have carved their own path. It looked like good news for companies such as Youngevity.

As a lifestyle brand selling both coffee and cannabis derivatives, Youngevity has already placed itself to enter this cross-over market. And with its new HempFX™ line now available online, it’s moving fast to profit from changes in the cannabis market.

About Youngevity International, Inc.

Youngevity International, Inc. (NASDAQ: YGYI) is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, Youngevity offers proven products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. The company was formed during the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For more information, visit the company’s website at www.YGYI.com

About CannabisNewsWire (CNW)

CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the space, (3) enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition and content to the cannabis industry.

For more information please visit https://wwwCannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

CNW Corporate Communications Contact:

CannabisNewsWire (CNW)
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Thursday, November 1st, 2018 Uncategorized Comments Off on $YGYI Poised for Opportunity in Coffee and Cannabis, CannabisNewsAudio Audio Press Release

$FRSX to Hold Investor Conference, Demo of QuadSight Quad-Camera Vision System

Foresight Autonomous Holdings Ltd. (Nasdaq:FRSX) (TASE:FRSX), an innovator in automotive vision systems, announced today it will hold an investor conference and present a live demonstration of its breakthrough QuadSight quad-camera vision system.

The conference will take place on December 17th, 2018, in Rehovot, Israel. The live demonstration will take place at the company’s advanced demonstration site which is equipped with unique systems that simulate extreme weather and lighting conditions such as heavy rain, fog, and more.

In addition, the company will provide an update on its current business status as well as its future roadmap.

Following the live demonstration, the investors presentation will be available on the Investor Relations page of Foresight’s website.

For more information and registration, please visit: https://www.foresightauto.com/investors2018

About QuadSight

Foresight first launched a demo of its QuadSight system last January at the CES show in Las Vegas. Foresight regards QuadSight as the industry’s most accurate quad-camera vision system, offering exceptional obstacle detection for semi-autonomous and autonomous vehicle safety. Using proven, highly advanced image-processing algorithms, QuadSight uses four-camera technology that combines two pairs of stereoscopic infrared and daylight cameras. QuadSight is designed to achieve near-100% obstacle detection with near zero false alerts under any weather or lighting conditions – including complete darkness, rain, haze, fog and glare.

Stereoscopic vision technology’s exceptional three-dimensional (3D) images, detection and accuracy are essential for safe and reliable semi-autonomous and autonomous vehicle vision systems. Stereoscopic cameras exceed a human driver’s ability to see objects in real time, whether large or small, in-motion or static, and from short or long-range distances. The dynamic driving environment demands a level of accuracy that only stereoscopic cameras can provide.

About Foresight

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.

 

MS-IR LLC
Miri Segal-Scharia, 917-607-8654
CEO
msegal@ms-ir.com

Thursday, November 1st, 2018 Uncategorized Comments Off on $FRSX to Hold Investor Conference, Demo of QuadSight Quad-Camera Vision System