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YANGAROO Grants Stock Options

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TORONTO, June 18, 2019 (GLOBE NEWSWIRE) — YANGAROO Inc. (TSX-V: YOO, OTCBB: YOOIF) (the “Company”), the industry’s leading secure digital media management and distribution company, announces a grant of stock options (the “Options”) in accordance with the terms and conditions of the Company’s Stock Option Plan to certain officers and directors of the Company, to purchase an aggregate of 775,000 common shares in the capital stock of the Company. 

The Options are exercisable for a period of five years from the date of grant at a price of $0.12 per share. Following 10% of the Options vesting on the date of grant, the remaining 90% will vest as to a third on each 6-month anniversary following the date of grant.

Subject to acceptance by the TSX Venture Exchange of the Option grant, this grant of Options will result in a total of 7,094,500 stock options issued and outstanding and 250,476 stock options remaining available for grant.  To date a total of 942,000 stock options have expired in 2019 including 750,000 in March of 2019.

About YANGAROO:

YANGAROO is a company dedicated to digital media management.  YANGAROO’s patented Digital Media Distribution System (DMDS) is a leading secure B2B digital cloud based solution focused on the music and advertising industries. The DMDS solution provides more accountable, effective, and far less costly digital management of broadcast quality media via the Internet. It replaces the physical, satellite and closed network distribution and management of audio and video content, for music, music videos, and advertising to television, radio, media, retailers, and other authorized recipients. The YANGAROO Awards platform is now the industry standard and powers most of North America’s major awards shows.

YANGAROO has offices in Toronto, New York, and Los Angeles. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under OTCBB: YOOIF.

For YANGAROO Investor Inquiries:
Gary Moss
Phone: (416) 534-0607
gary.moss@yangaroo.com 

Cautionary Note Regarding Forward-looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes.

Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of YANGAROO, that may cause the actual results, level of activity, performance or achievements of YANGAROO to be materially different from those expressed or implied by such forward looking statements. Although YANGAROO has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause YANGAROO’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither YANGAROO assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

IT Industry

GridGain In-Memory Computing Platform Continues Strong Momentum in First Half of 2019, Highlighted by a Doubling of Subscription Bookings

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GridGain’s Continued Industry Leadership Evidenced by Strong Growth in Its In-Memory Computing Platform, Major Industry Awards, Introduction of Product and Service Innovations, and Popular Industry Conferences

FOSTER CITY, Calif., July 18, 2019 (GLOBE NEWSWIRE) — GridGain® Systems, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite™, today announced continued strong momentum for the first half of 2019. Key achievements during the period included doubling subscription sales versus the previous year, more than doubling sales of all products from new customers versus the previous year, receiving major industry honors, launching innovative new products and services, and driving sharply increased popularity of the In-Memory Computing Summit® Europe.

“Over the last year, the growing trends of digital transformation, omnichannel customer experience, and internet of things have driven increased adoption of in-memory computing. In-memory computing is the only practical, cost-effective approach to achieving the necessary performance and scalability for these initiatives,” said Abe Kleinfeld, president and CEO of GridGain. “We predicted that in-memory computing would become a part of every fast data discussion in 2019 and we’re excited that this is coming true.”

Growth

  • Subscription sales doubled during the first half of 2019 compared to the same period in 2018, reflecting the ever-growing number of customer solutions moving into production that are powered by the GridGain in-memory computing platform.
  • Total sales from new GridGain customers more than doubled during the first half of 2019 compared to 2018, driven by strong growth in the financial services and telecommunications industries, which both increased over 250% versus 2018.
  • Total sales from new European customers grew more than 150% compared to the first half of 2018, reflecting the growing demand for in-memory computing solutions throughout that region.

Awards & Foundations

Products and Services

  • GridGain introduced GridGain Developer Bundles to help accelerate digital transformations. The new Developer Bundles help companies implementing Apache Ignite or GridGain speed the development and rollout of real-time, massively scalable applications with in-depth developer training and consulting assistance with common tasks such as architectural reviews and performance optimizations. Once live, the support services included in the bundles ensure that any issues that arise in the pre-production or production deployments can be submitted to the GridGain customer engineering team for rapid resolution.
  • GridGain introduced the GridGain Data Lake Accelerator, an in-memory solution for digital businesses that need to enrich operational data with historical data stored in data lakes to improve real-time analytics and decision automation. The GridGain Data Lake Accelerator is available for use with the GridGain Enterprise Edition and GridGain Ultimate Edition. A free 30-day trial of all three of these products are available from the GridGain Downloads page.
  • GridGain released the GridGain Community Edition to bring production readiness to Apache Ignite. GridGain Community Edition includes the Apache Ignite code base plus patches and additional functionality developed to improve performance, reliability, security and manageability.
  • GridGain introduced the first support offering for Apache Ignite. GridGain Basic Support enables companies with new or existing Apache Ignite deployments to access the deep expertise of GridGain’s support engineers to troubleshoot performance or reliability issues and identify configuration optimizations, workarounds or software patches to improve the performance of their Ignite environment.
  • GridGain added automatic data persistence, high availability and immediate restarts to the GridGain Cloud In-Memory-Computing-Platform-as-a-Service. GridGain Cloud can be launched with just a few mouse clicks. It delivers in-memory speed by maintaining all data in memory and offers unlimited horizontal scalability by distributing data across a distributed cluster of servers. New nodes can be added to the cluster dynamically. The data held in memory is continually backed up to disk and is available in seconds in the event of a restart.

In-Memory Computing Thought Leadership

  • The third annual In-Memory Computing Summit Europe 2019 took place June 3-4, 2019 at the Park Plaza Victoria London. More than 500 people registered, representing 271 organizations from 26 countries on 5 continents. The attendees heard speakers from 451 Research, Capital One, Cerner, Confluent, Dell Technologies, Hazelcast, Red Hat, Redislabs, ScaleOut Software, the Storage Networking Industry Association (SNIA), GridGain Systems and more. The conference experienced a 70 percent increase in registrations compared to the 2018 event.
  • GridGain announced the Call for Papers for the fifth annual In-Memory Computing Summit North America, taking place November 13-14, 2019 at the Hyatt Regency San Francisco Airport. The Call for Papers will end on July 28, 2019.
  • GridGain continued its global effort to help businesses understand how in-memory computing addresses the speed and scale requirements of modern, data-intensive applications. The company hosted or participated in over a dozen of industry conferences, webinars and workshops, and organized or provided speakers for over 20 meetups around the world.

About GridGain Systems
GridGain Systems is revolutionizing real-time data access and processing by offering an in-memory computing platform built on Apache Ignite. GridGain solutions are used by global enterprises in financial services, software, e-commerce, retail, online business services, healthcare, telecom, transportation and other major sectors, with a client list that includes ING, Raymond James, American Express, Societe Generale, Finastra, IHS Markit, ServiceNow, Marketo, RingCentral, American Airlines, Agilent, and UnitedHealthcare. GridGain delivers unprecedented speed and massive scalability to both legacy and greenfield applications. Deployed on a distributed cluster of commodity servers, GridGain software can reside between the application and data layers (RDBMS, NoSQL and Apache™ Hadoop®), requiring no rip-and-replace of the existing databases, or it can be deployed as an in-memory database. GridGain is the most comprehensive in-memory computing platform for high-volume ACID transactions, real-time analytics, web-scale applications, continuous learning and hybrid transactional/analytical processing (HTAP). For more information, visit gridgain.com.

CONTACT:
Terry Erisman
GridGain Systems
terisman@gridgain.com
(650) 241-2281

GridGain is a trademark or registered trademark of GridGain Systems, Inc. Apache, Apache Hadoop, Hadoop, Apache Ignite, Ignite, Apache Kafka, Kafka, Apache Spark, and Spark are trademarks of The Apache Software Foundation. All other product and company names herein may be trademarks of their registered owners.

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IT Industry

Bel Will Report Second Quarter 2019 Results on August 1, 2019

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Conference Call Scheduled for 11:00 AM ET

JERSEY CITY, N.J., July 18, 2019 (GLOBE NEWSWIRE) — Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company will release preliminary financial results for the second quarter of 2019 prior to the commencement of trading on Thursday, August 1, 2019. A conference call has been scheduled for 11:00 a.m. ET that morning to discuss the preliminary results.

To participate in the conference call, investors should dial 888-254-3590, or 323-994-2093 if dialing internationally. The presentation will additionally be broadcast live over the Internet and will be available at https://ir.belfuse.com/events-and-presentations. The webcast will be available via replay for a period of 20 days at this same Internet address.  For those unable to access the live call, a telephone replay will be available at 844-512-2921, or 412-317-6671 if dialing internationally, using access code 5111961 after 2:00 p.m. ET, also for 20 days.

About Bel
Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits.  These products are primarily used in the networking, telecommunications, computing, military, aerospace, transportation and broadcasting industries.  Bel’s product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies).  The Company operates facilities around the world.

 

Investor Contact:
Peter Seltzberg, Managing Director
Darrow Associates
tel 516.419.9915
pseltzberg@darrowir.com
  Company Contact:
Daniel Bernstein 
President 
ir@belf.com 

 

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IT Industry

Update:  Stealth Technologies Inc. Announces Launch of Product Sales Through Sharper Image

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LARGO, FL, July 18, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Stealth Technologies, Inc. (OTC PINK: STTH), an emergency response and protection product distribution company in the safety, health, and personal protection industries, is pleased to announce that it has entered into a new distribution agreement that includes distribution into Sharper Image catalog.

“The addition of another distributor with reach into Sharper Image is a major advancement in our diversification,” said CEO Brian McFadden. “With the product currently available at Sharper Image, we look forward to the potential growth this distribution channel will bring.” 

You can visit the link below to see the initial product offered at Sharper Image, the 911 Help Now Communication Pendant, which provides the user direct communication to 911 Emergency Services for one low fee. 

https://www.sharperimage.com/si/view/product/No+Fee+911+Help+Button/207060?question=911%20help%20now

“As we continue to expand our product channels, we look forward to our continuing distribution growth and expect to add additional products into these channels later this year,” said CEO Brian McFadden.

The company also wishes to notify all shareholders and persons of interest that Stealth Technologies, Inc. will be making announcements and updates via social media. Updates can be found at our newly created social media channel on Twitter: https://twitter.com/StealthTech4

About Stealth Technologies, Inc.

Stealth Technologies, Inc., incorporated in 2010 and based in Largo, FL, is a publicly traded company that distributes a large portfolio of products solving critical issues in the safety, health, and personal protection industries. Stealth products solve problems such as emergency response time, electronic pickpockets and hackers, home intrusions and robberies, and more. With such a diverse product offering, Stealth has prepared for long-term growth for our shareholders. For more information, please visit the Company’s website at www.stealthtechinc.com

Forward Looking Statements:

Statements included in this update that are not historical in nature, are intended to be, and are hereby identified as, “forward-looking statements.” Forward-looking statements may be identified by words including “anticipate,” “believe,” “intends,” “estimates,” “expect,” and similar expressions. The Company cautions readers that forward-looking statements including, without limitation, those relating to the Company’s future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, due to factors such as those relating to economic, governmental, technological, and other risks and factors identified from time to time in the Company’s reports filed with the SEC.

Contact:
Brian McFadden 
investors@stealthtechinc.com
1-800-579-0528

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