MEMPHIS, Tenn.--(BUSINESS WIRE)-- Luminetx(R) Corporation today announced that the company has entered into a definitive agreement for the sale of Luminetx assets to Christie Digital Systems(R). The acquisition has been approved by the board of directors and is subject to a vote by the Luminetx shareholders. The terms of the agreement are confidential.
About Luminetx
Based in Memphis, Tenn., Luminetx Corporation discovers, develops and commercializes medical product and biometric technologies. The company's market leading product, VeinViewer(R), is a mobile vascular imaging system that allows health care providers to clearly see accessible vasculature in real time directly on the surface of the skin. The device is ideally suited for clinical treatments and procedures including, but not limited to: IV insertions, PICC line insertions, routine venipuncture (blood sampling), blood and plasma donations and treatment for varicose and spider veins. VeinViewer is available in over forty countries worldwide. For more information on Luminetx and VeinViewer, visit www.luminetx.com.
About Christie Digital Systems
Please visit www.christiedigital.com
Source: Luminetx Corporation
Senior living operator helps loved ones make new memories this holiday season
SEATTLE--(BUSINESS WIRE)-- The holidays are a time for families to gather and celebrate generations coming together to enjoy each other's company. Though for those caring for loved ones with Alzheimer's or dementia, this time of year can bring increased anxiety as they strive to create a calm holiday environment while keeping family traditions alive. For that reason, Emeritus Senior Living, a national provider of assisted living and Alzheimer's and related dementia care services to seniors, has put together helpful guidelines and suggestions to make this holiday season a memorable one for the whole family.
"The holidays are an important time of year for families to come together, and keeping our loved ones who are suffering from Alzheimer's involved in family traditions continues to be critically important," commented Crystal Scott, Director of Memory Care for Emeritus Senior Living. "By incorporating our loved ones in their favorite activities and by taking steps to prepare both the senior and other family members for celebratory events, families can create new memories while fostering a connection with seniors on a deeper level."
Emeritus Senior Living encourages Caregivers to take the following steps in order to prepare the person who is living with Alzheimer's:
-- Talk about and show pictures of the people who are coming to visit.
-- Play familiar holiday music and serve favorite traditional holiday
foods.
-- Have loved one watch or help with decorations.
-- People with Alzheimer's may recognize faces of family members and
friends but may be unable to recall names. Name tags are helpful.
-- Have a "quiet" room for if things get too hectic, and have a familiar
person stay with them so they don't feel isolated or left out.
-- Prepare for distractions beforehand to divert attention if problem
behavior occurs.
-- Incorporate favorite traditions from the past. If the activity is first
introduced and there is no interest, try again later.
-- Slow the pace of the activities to allow the person with Alzheimer's to
comprehend as well as enjoy the sensory pleasure from the activity.
Caregivers are also encouraged to:
-- Plan ahead.
-- Take a break regularly; try some extra day care or in-home care.
-- Cut out the unnecessary - don't be afraid to say no!
-- Ask for and accept help from family and friends.
-- Set limits as to what you are able to do and make sure the family
understands your needs and wishes.
-- Create a clear pathway for walking; avoid wires, cords, and throw rugs.
-- Use ribbon or yarn instead of sharp hooks to hang ornaments and
decorations.
-- Serve non-alcoholic beer, wine, or sparkling cider.
-- Avoid decorating with items that look edible.
-- Use plastic or silk mistletoe rather than real - it's toxic if eaten.
-- Avoid confusing, blinking lights.
-- Do not leave lighted candles or fireplaces unattended.
Additional tips for preparing those who will be visiting a loved one with Alzheimer's this holiday season are available on the Emeritus website at http://www.emeritus.com/resources/memorycare/during_the_holidays/.
About Emeritus Senior Living
Emeritus Corporation is a national provider of assisted living and Alzheimer's and related dementia care services to seniors. Emeritus is one of the largest and most experienced operators of freestanding assisted living communities located throughout the United States. These communities provide a residential housing alternative for senior citizens who need assistance with the activities of daily living, with an emphasis on personal care services, which provides support to the residents in the aging process. Emeritus currently operates 309 communities in 36 states representing capacity for approximately 27,200 units and approximately 32,400 residents. Our common stock is traded on the New York Stock Exchange under the symbol ESC, and our home page can be found on the Internet at www.emeritus.com.
Source: Emeritus Corporation
MONTREAL, QUEBEC -- (MARKET WIRE) -- 12/02/09 -- 4527712 CANADA INC. ("4527712"), an investment company wholly-owned by Morris Goodman, announced today that it has entered into a voting trust and right of first refusal agreement (the "Agreement") with 3487911 Canada Inc., 3487920 Canada Inc., 3487938 Canada Inc. (each a holding company controlled by members of the Goodman family), Joddes Limited, Deborah Goodman, Morris Goodman and Rosalind Goodman whereby it acquired direction and control over 6,975,187 common shares of Paladin Labs Inc. ("Paladin") (TSX: PLB). 4527712 now exercises direction and control, in the aggregate, over 6,975,187 common shares of Paladin, representing approximately 38% of the outstanding common shares of Paladin, a publicly traded Canadian company. The Agreement was entered into for estate planning purposes.
4527712 Canada Inc. is a privately owned investment holding company.
Contacts: 4527712 Canada Inc. Samuel Altman President 514-340-9800
MONTREAL, QUEBEC--(Marketwire - Dec. 2, 2009) - 4527712 CANADA INC. ("4527712"), an investment company wholly-owned by Morris Goodman, announced today that it has entered into a voting trust and right of first refusal agreement (the "Agreement") with 3487911 Canada Inc., 3487920 Canada Inc., 3487938 Canada Inc. (each a holding company controlled by members of the Goodman family), Joddes Limited, Deborah Goodman, Morris Goodman and Rosalind Goodman whereby it acquired direction and control over 6,975,187 common shares of Paladin Labs Inc. ("Paladin") (TSX:PLB). 4527712 now exercises direction and control, in the aggregate, over 6,975,187 common shares of Paladin, representing approximately 38% of the outstanding common shares of Paladin, a publicly traded Canadian company. The Agreement was entered into for estate planning purposes.
4527712 Canada Inc. is a privately owned investment holding company.
FOR FURTHER INFORMATION PLEASE CONTACT:
4527712 Canada Inc.
Samuel Altman
President
514-340-9800
Source: 4527712 Canada Inc.
HOUSTON--(BUSINESS WIRE)-- Polymer Holdings LLC (the "Company"), the parent company of Kraton Polymers LLC, announced today that it has commenced an underwritten public offering of 10,294,118 shares of its common stock pursuant to the Company's registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC"). The underwriters will have a 30-day option to purchase up to an additional 15% of common stock from the Company at the public offering price to cover over-allotments, if any. On or prior to the closing of the offering, Polymer Holdings LLC intends to convert into a Delaware corporation which will be named Kraton Performance Polymers, Inc.
Credit Suisse Securities (USA) LLC, BofA Merrill Lynch, Morgan Stanley & Co. Incorporated and Oppenheimer & Co. Inc. will be the bookrunning managers of the offering.
The Company expects to use the net proceeds of the offering to repay a portion of its senior secured credit facility and the remaining net proceeds for general corporate purposes, including to fund capital expenditures.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the offering may be obtained from: Credit Suisse Securities (USA) LLC, Attn: Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010, Phone: 1-800-221-1037; BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attn: Preliminary Prospectus Department or email Prospectus.Request@ml.com; Morgan Stanley & Co. Incorporated, Attn: Prospectus Department, 180 Varick Street, New York, NY 10014 or prospectus@morganstanley.com; or Oppenheimer & Co. Inc. Attn: Syndicate Prospectus Department, 300 Madison Ave., 4th Floor, New York, New York 10017, Phone (212) 667-8563, Fax (212) 667-6141, or EquityProspectus@opco.com.
About Polymer Holdings
Polymer Holdings LLC, through its operating subsidiary Kraton Polymers LLC and its subsidiaries, is a leading global producer of engineered polymers and, we believe, the world's largest producer of styrenic block copolymers (SBCs), a family of products whose chemistry was pioneered by us over forty years ago. SBCs are highly-engineered thermoplastic elastomers which enhance the performance of numerous products by delivering a variety of attributes, including greater flexibility, resilience, strength, durability and processability. Our polymers are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants and lubricants, and medical, packaging, automotive, paving, roofing and footwear products. We have production facilities located in the United States, Germany, France, the Netherlands, Brazil and Japan.
Certain statements herein are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events, and actual results of operations may differ materially from historical results or current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including, but not limited to, a downturn in overall economic conditions or changes in levels of consumer spending or preferences, failure of the Company's suppliers to perform their obligations, limited availability or increases in prices of raw materials, the Company's substantial level of indebtedness, competitive pressures in the specialty chemicals industry, and other factors which are set forth in the Company's Registration Statement on Form S-1 filed with the U.S. Securities and Exchange Commission on December 2, 2009. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Kraton Polymers LLC
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