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Cycling Apparel Brand De Marchi Collaborates with BlockStar to Auction Fausto Coppi’s Cycling Jersey Using Blockchain Technology

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The winner of this first-of-its-kind auction will receive the authenticated physical replica jersey in addition to a unique, certified digital version

SAN VENDEMIANO, Italy–(BUSINESS WIRE)–De Marchi, iconic cycling apparel brand, and one of the world’s oldest cycling clothing companies, will auction the world’s only authentic replica of Fausto Coppi’s 1953 De Marchi jersey. The sale of the jersey recently created by the legacy company will be auctioned in September using BlockStar’s blockchain platform which will authenticate the physical jersey while providing the first branded digital apparel twin. The highest bidder will receive the first, and only, physical replica of the 1953 Coppi original jersey as well as the exclusive rights to the digital rendering of the original jersey. This digital twin will allow the winner to guarantee the authenticity of both the physical jersey, as well as to give the purchaser the ability to utilize the digital version in an array of digital environments.

Fausto Coppi, better known as Il Campionissimo, was the most accomplished cyclist of his time. His accolades include being a two-time winner of the Tour de France (1949, 1952) and a five-time winner of the Giro d’Italia (1940, 1947, 1949, 1952, 1953). The original jersey was created by Elda De Marchi to honor Coppi’s Road World Championship win in 1953, before it vanished for 60 years until being rediscovered in 2015. While the original jersey is now housed in Italy’s Museo Ghisallo, the now 88-year-old Elda De Marchi has sewn a replica of the one-of-a-kind jersey using the same materials, colors, dimensions, and relic look, giving one individual the chance to own a piece of cycling history.

De Marchi CEO Mauro Coccia says, “The De Marchi brand is proud to pay tribute to Italy’s greatest cyclist by harnessing BlockStar’s world-class technology to provide the winner with an authenticated, dual ownership of a true cycling artifact. This auction is a unique opportunity to collect not only the only authorized and one-of-a-kind physical replica of Fausto Coppi’s jersey, but also the digital rights to the piece.”

Counterfeit goods, representing approximately 7% of the $1.8 trillion of annual global trade, have plagued countless industries, with art and rare goods being no exception. A lack of transparency in the provenance of goods has created a major roadblock in consumer confidence and the purchase of high-value, unique goods. Through a partnership with IBM, BlockStar will use its blockchain-based proprietary platform to issue a Digital Authentic Good (DAG) token capable of both verifying the authenticity of the physical product and also storing the unique, certified, digital representation of Coppi’s original jersey. This digital twin of the actual original 1953 jersey will be readable via a digital wallet inside the winner profile page. The sole authorized duplicate will be irreproducible, confirming true ownership of the famous jersey.

Blockstar CEO Christian Ferri says, “As we prepare to launch this historic event, we are eager to kick off the next generation of brand-authenticated digital good sales. Both buyers and brands recognize how our blockchain-based platform can be used not only to guarantee the authenticity of physical goods, but also to provide customers with a certified, non-duplicable, digital twin that opens up an endless highway of opportunities in the digital world, such as in gaming, VR, social media and more fields we have not even entered yet.”

The official launch will take place on September 4 at EuroBike 2019 in Friedrichshafen, Germany, at 5:00 pm CET, where a press news conference with De Marchi CEO, BlockStar CEO, and Fausto Coppi’s son, Fausto Coppi Jr. will kick-off this first of its kind auction. Following, a countdown and ringing of the bell by Fausto Coppi Jr. will symbolize the official start of the online auction which will run for seven days until September 11 at 5:00pm CET.

In addition to traditional currency, the auction will also accept several cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and USD Coin. Blockstar and De Marchi have partnered with Quantstamp, a leading blockchain security firm, to enhance the security of the smart contracts and website underpinning the sale. Quantstamp has secured over a billion dollars of digital asset value through their audits to date, and has helped a broad range of enterprise companies deploy blockchain solutions.

The auction will be limited to a small group of pre-registered bidders. To learn more, be a member of the pre-registered bidders, and stay up-to-date, sign up at De Marchi’s webpage for the auction.

About De Marchi

De Marchi is a premium Italian sportswear manufacturer and one of the oldest known cycling clothing brands, with more than 75 years of experience. No other brand has contributed equally to the evolution of cycling clothing, introducing many of the innovations that changed it forever, like the tubular weaving, the zipper use instead of buttons, the first elastic chamois for cycling shorts. It is no coincidence that many of the greatest champions such as Fausto Coppi, Gino Bartali, Louison Bobet and Jacques Anquetil have been wearing cycling clothing from De Marchi.

About BlockStar

BlockStar is the first company bridging the physical and digital worlds with Digital Authentic Goods™, next-generation technology that empowers brands through product authentication, deeper consumer engagement, and secure monetization of their brand in the digital frontier.

Contacts

Brett Pinto

brett.pinto@wachsman.com

 

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.

Business and Management

MMSI LOSS NOTICE: TOP RANKED ROSEN LAW FIRM Reminds Merit Medical Systems, Inc. Investors of Important Deadline in Securities Class Action – MMSI

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NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Merit Medical Systems, Inc. (NASDAQ:MMSI) between February 26, 2019 and October 30, 2019, inclusive (the “Class Period”) of the important February 3, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Merit Medical investors under the federal securities laws.

To join the Merit Medical class action, go to http://www.rosenlegal.com/cases-register-1736.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the integrations of Cianna and Vascular Insights, including their products, sales people, and R&D facilities, had caused operational disruptions, reduced sales, and were months behind schedule; (2) sales of acquired company products had slowed substantially due to pre-acquisition pipeline fill, in particular for Vascular Insights products which, as late as July 2019, had zero orders during fiscal 2019; (3) in light of the foregoing, Merit Medical’s reported financial guidance for fiscal 2019 and 2020 was made without a reasonable basis; and (4) as a result, Merit Medical’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 3, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1736.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

The Rosen Law Firm, P.A.

Laurence Rosen, Esq.

Phillip Kim, Esq.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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Business and Management

FIAT LOSS NOTICE: TOP RANKED ROSEN LAW FIRM Reminds Fiat Chrysler Automobiles N.V. Investors of Important Deadline in Securities Class Action – FCAU

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NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) from February 26, 2016 and November 20, 2019, inclusive (the “Class Period”) of the important January 31, 2020 lead plaintiff deadline in securities class action. The lawsuit seeks to recover damages for Fiat investors under the federal securities laws.

To join the Fiat class action, go to http://www.rosenlegal.com/cases-register-1732.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Fiat employed a bribery scheme to obtain favorable terms in its collective bargaining agreement with International Union, United Automobile, Aerospace and Agricultural Implement Workers of America; (2) high-ranking Fiat officials were aware of and authorized the scheme; and (3) due to the foregoing, defendants’ statements about Fiat’s receivables, business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 31, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1732.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Contacts

The Rosen Law Firm, P.A.

Laurence Rosen, Esq.

Phillip Kim, Esq.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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Business and Management

Republic Bank Opens New West Broadway Banking Center inside Republic Bank Foundation YMCA

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LOUISVILLE, Ky.–(BUSINESS WIRE)–Republic Bank announced today that it has opened a new banking center inside the Republic Bank Foundation YMCA at 1720 W. Broadway, Suite 103.

“We are thrilled to open this new Republic Bank location in Louisville on West Broadway,” said Jammie Williams, Business Development Manager – Broadway. “Our strong team of local bankers are invested in the community and committed to taking care of our clients in this neighborhood. The opening of this new banking center is just one way we make banking ‘easier’ for our clients through the combination of both bank lobby service and extended service hours offered by our Interactive Teller Machine.”

“Our new West Broadway location inside the Republic Bank Foundation YMCA will enhance our successful community banking model in Louisville,” said Republic Bank Chairman and CEO Steve Trager. “We look forward to helping businesses and consumers achieve their financial goals and extending friendly, local lending.”

In addition to traditional bank lobby hours from 9:00 a.m. to 4:00 p.m. Monday – Thursday, 9:00 a.m. to 5:00 p.m. on Friday, and 9:00 a.m. to 12:00 noon on Saturday, this location will feature both a walk-up and drive-thru Interactive Teller Machine (“ITM”). ITMs feature live customer service representatives available through real-time video, allowing for extended banking hours and greater customer convenience. ITMs allow clients to easily make deposits without an envelope or deposit slip, cash checks for exact change, and make loan payments. Transactions are processed the same day, even after regular banking hours. The Republic Bank ITM offers convenient banking from 7:30 a.m. to 6:00 p.m. on weekdays and 8:30 a.m. to 1:00 p.m. on Saturday.

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 41 full-service banking centers and two loan production offices throughout five states: 28 banking centers in 8 Kentucky communities – Covington, Crestview Hills, Florence, Georgetown, Lexington, Louisville, Shelbyville, and Shepherdsville; three banking centers in southern Indiana – Floyds Knobs, Jeffersonville, and New Albany; seven banking centers in six Florida communities (Tampa MSA) – Largo, Port Richey, St. Petersburg, Seminole, Tampa, and Temple Terrace, and one loan production office in Oldsmar; two banking centers in Tennessee (Nashville MSA) – Cool Springs (Franklin) and Green Hills (Nashville), and one loan production office in Brentwood; and one banking center in Norwood (Cincinnati), Ohio. The Bank offers internet banking at www.republicbank.com. The Bank also offers separately branded, nation-wide digital banking at www.mymemorybank.com. The Company has $6.1 billion in assets and is headquartered in Louisville, Kentucky. The Company’s Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market.

Republic Bank. It’s just easier here.®

Contacts

Michael Sadofsky

Chief Marketing Officer

Louisville, Kentucky

(502) 561-7125

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