Author: News Room

Reston, VA, Feb. 20, 2024 (GLOBE NEWSWIRE) — Two wars, ongoing economic uncertainty, and industries at the precipice of disruption by AI have done little, if anything, to slow down the growth of a special subset of professional service firms–High Growth firms. The past year’s high growth firms grew at a whopping median rate of 41%, a leap of nine percentage points more than the previous year’s and four times faster than their peers, according to the Hinge Research Institute’s 2024 High Growth Study. In fact, firms as a whole seemed unfazed by the turbulence, performing at a professional-services-wide median…

PASO ROBLES, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) — JUSTIN Vineyards & Winery is expanding its award-winning lineup outside of Paso Robles, California, for the first time ever with the debut of its Sonoma County Chardonnay and Russian River Valley Pinot Noir. With more than 40 years of winemaking history in the Central Coast, JUSTIN continues to make a mark on Californian wine with these two regional expressions. “JUSTIN is thrilled to showcase more of what California’s wine country has to offer and introduce these two exceptional wines to consumers nationwide,” said Clarence Chia, senior vice president of marketing for…

Dublin, Feb. 20, 2024 (GLOBE NEWSWIRE) — The “Global Hostel Online Travel Agency (OTA) Market (2023 Edition): Analysis By Platform (Mobiles/Tablets, Desktop), User Type (Students, Corporates, Others), By Age Group, By Region, By Country: Market Insights and Forecast (2019-2029)” report has been added to ResearchAndMarkets.com’s offering. Global Hostel Online Travel Agency (OTA) Market report offers in-depth insights into the sector’s vigorous recovery post-pandemic. Unveiling significant forecast growth by 2029, this comprehensive analysis provides a nuanced understanding that spans various segments, platforms, user types, and age groups within the industry. The market overview details monumental growth of the Hostel Online Travel…

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) — Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced its strategic plans for the procurement and renewal of its fleet. This announcement follows the Company’s successful acquisition of new equipment in January 2024 and aims to strengthen its market position through an enhanced range of services. As part of its commitment to excellence and customer satisfaction, Multi Ways Holdings Limited has entered into a significant purchase…

ZEUS 1 Static Fire A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/caf8484b-861c-4384-9be9-292269a2f75a SAN DIEGO, Feb. 20, 2024 (GLOBE NEWSWIRE) —  Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in Defense, National Security and Global Markets announced today that its Space & Missile Defense (SMDS) business unit has ordered a combined total of nine new Zeus 1 and Zeus 2 rocket motors in preparation for upcoming initial customer funded flights. The Kratos developed Zeus family of Solid Rocket Motors (SRMs) is in direct response to the urgent need for affordable commercial launch vehicle stages for hypersonic test, ballistic missile…

LONDON, Feb. 20, 2024 (GLOBE NEWSWIRE) — Mr. Adrian Blantford, Principal Manager, Lucas Blantford Racing Team, announced today the Team’s 2023 Annual Report has been published under sponsorship of Elite Capital & Co. Limited. “A fantastic debut year in Junior Rotax which now sets Lucas up well for 2024, joining a new bigger team after being head hunted by UK’s Ultimate R. A team run by former European F3 driver Ben Hingeley,” Adrian Blantford said. In 2023, Lucas was a Factory Team Driver for Sodi Vitesse UK (Sponsored by Elite Capital & Co. Limited) and drives in various championships around the…

CNH takes minority investment in drone imaging AI company Bem Agro Basildon, February 20, 2024 CNH continues to strengthen its tech stack with Ag Tech solutions that make farming easier, more efficient, and more sustainable for our customers. To further our offering in this field, our investment arm CNH Ventures has taken a minority stake in Bem Agro – a Brazilian startup and existing supplier to CNH. Bem Agro uses AI to convert any type of aerial field image – including those taken from machines, drones and satellites – into Agronomic Mapping Reports. These reports provide vital data that enables…

COLUMBUS, Ohio, Feb. 20, 2024 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, announced today the promotion of Matt Bonakdarpour to President and Chief Technology Officer (CTO). Since joining Root in 2018, Bonakdarpour’s exceptional leadership, innovative approach, and technical expertise have been instrumental in driving the company’s advancements in pricing and automation. With a background in computer science and statistics, Bonakdarpour has played a pivotal role in Root’s strategy by spearheading the development and deployment of statistical machine learning methods within the company’s telematics risk scoring, pricing,…

Biosimilar Jubbonti® approved for all indications of Prolia* reference medicine.Sandoz continues to expand access for patients in Canada, offering denosumab biosimilar to treat osteoporosis and increase bone mass.Health Canada approval based on robust Phase I and Phase III clinical studies.        Results confirm that Jubbonti® provides same risks and benefits in terms of efficacy, safety and immunogenicity as reference medicine. BOUCHERVILLE, Quebec, Feb. 20, 2024 (GLOBE NEWSWIRE) — Sandoz Canada is pleased to announce that Health Canada has provided authorization to market Jubbonti® (denosumab subcutaneous injection, reference medicine: Prolia*). Jubbonti® is the first and only Health Canada-approved denosumab biosimilar for osteoporosis and…

Board to Commence a Comprehensive Executive Search Process Company Reaffirms Fiscal 2024 Guidance PITTSBURGH, Feb. 20, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that Dr. Vincent (“Chuck”) D. Mattera, Jr., has informed the Coherent Board of Directors (“the Board”) of his intent to retire as CEO following the commencement of employment of his successor. Dr. Mattera’s intention to retire does not reflect a dispute or disagreement with the Company. In parallel with today’s announcement, the Company is reaffirming the guidance set forth in that certain…