Funds To Be Used To Continue Development of Two Drug Candidates Into Phase 2 Human Clinical Trials
RADNOR, Pa.--(BUSINESS WIRE)-- PolyMedix Inc. (OTC BB: PYMX, http://polymedix.com), an emerging biotechnology company developing acute care therapeutic drug products for infectious diseases and cardiovascular disorders, announced today the pricing of a registered public offering of up to 21,000,000 units consisting of shares and warrants for $1.00 per unit, or a total of up to $21 million in gross proceeds. The units consist of one share of PolyMedix common stock and a five year warrant to purchase 0.30 shares of PolyMedix common stock at $1.25 per share. The units will not be certificated and the shares and warrants will be immediately separable and transferable upon issuance. Merriman Curhan Ford (Nasdaq: MERR) acted as lead placement agent in this offering with Boenning & Scattergood, Inc. and Noble Financial Capital Markets serving as co-placement agents. Fordham Financial Management, Inc. acted as a selected dealer in the offering.
The net proceeds of the offering, which is expected to close on November 16, 2009 subject to certain customary closing conditions, will be used primarily to continue the clinical development of two drug candidates, PMX-30063 antibiotic and PMX-60056 heparin antagonist, into Phase 2 human clinical trials in 2010.
A registration statement relating to the offering was declared effective by the Securities and Exchange Commission on November 10, 2009, and the public offering is being made by means of a prospectus. A copy of the prospectus for the unit offering may be obtained by contacting Merriman Curhan Ford & Co., 135 East 57th Street, 24th Floor, New York, New York 10022, Attention: Warren Dunnavant. The prospectus will also be available on the Securities and Exchange Commission website at http://www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the laws of any such state.
About PolyMedix, Inc.
PolyMedix is a publicly traded emerging biotechnology company focused on addressing large market opportunities relating to the development of novel drugs and biomaterials for the treatment of infectious diseases and acute cardiovascular disorders. Specifically, PolyMedix is dedicated to research in product areas involving fast and inexpensive trials, straightforward endpoints and early clinical proof of concept. PolyMedix's compounds are based on biomimetics: non-peptide small molecule drug candidates that mimic the activity of proteins. The Company's antibiotic compounds, including PMX-30063 - small molecule mimetics of human host-defense proteins - have a mechanism of action distinct from those of current antibiotic drugs, a mechanism that is intended to make bacterial resistance unlikely to develop. The Company's goal is to develop these as rapidly acting antibiotics for serious systemic and local infections. The Company plans to continue the development of polymeric formulations as antimicrobial biomaterials, which can be used as additives to paints, plastics, and textiles to create self-sterilizing products and surfaces. The Company's heptagonist compounds, including PMX-60056, reverse the activity of both heparin and Low Molecular Weight Heparins, with the goal of developing an antagonist drug for LMWHs, and that is safer and easier to use than currently approved therapy for heparin. For more information, please visit PolyMedix at www.polymedix.com.
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks, uncertainties and assumptions that could cause PolyMedix's actual results and experience to differ materially from anticipated results and expectations expressed in these forward looking statements. PolyMedix has in some cases identified forward-looking statements by using words such as "anticipates," "believes," "hopes," "estimates," "looks," "expects," "plans," "intends," "goal", "potential," "may," "suggest," and similar expressions. Among other factors that could cause actual results to differ materially from those expressed in forward-looking statements, PolyMedix's compounds may not enter or successfully complete clinical testing, or be granted regulatory approval to be sold and marketed in the United States or elsewhere. A more complete description of these factors is included in PolyMedix's filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements. PolyMedix undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by applicable law or regulation.
Source: PolyMedix Inc.
HARBIN, China, Nov. 11, 2009 /PRNewswire-Asia-FirstCall/ -- China Education Alliance, Inc. (NYSE Amex: CEU), a China-based education resource and services company, will hold a conference call on Tuesday, November 17 to discuss financial results for the third quarter ended September 30, 2009. The conference call is scheduled for 10:00 a.m. Eastern standard time (7:00 a.m. Pacific).
To participate in the call, please dial (877) 407-0789, or (201) 689-8562 for international calls, approximately 10 minutes prior to the scheduled start time. Interested parties may also listen via a live Internet webcast, which can be found at the Company's website at http://www.chinaeducationalliance.com .
A replay of the call will be available for two weeks from 1:00 p.m. EST on November 17, 2009, until 11:59 p.m. EST on December 1, 2009. The number for the replay is (877) 660-6853, or (201) 612-7415 for international calls. The passcode for the replay is 337623, and the account number is 3055. You will need both the passcode and the account number to listen to the replay. In addition, a recording of the call will be available via the company's website at http://www.chinaeducationalliance.com for one year.
A bout China Education Alliance, Inc.
China Education Alliance, Inc. (NYSE Amex: CEU) is a fast-growing, leading China-based company offering high-quality education resources and services to students ages 6 to 18 and adults ages 18+ (University students and professionals). For students ages 6 to 18, China Education Alliance, Inc. offers supplemental, online exam-oriented training materials and on-site exam-oriented training and tutoring services. The company is providing on-line, downloadable, famous teachers resources and on-site face-to-face instructions. All resources and tutoring services are provided by famous teachers within mainland China. The purpose of online exam-orientated resources and on-site tutoring is to help Chinese students ages 6 to 18 to pass the two most important and highly competitive exams in their educational career: senior high school entrance exam and college entrance exam. For graduates and professionals age 18+, China Education Alliance provides vocational training including IT and several professional training programs. In addition, the Company is providing comprehensive English programs that are taught by North American instructors to assist graduates and professionals in learning the English language, both written and conversational in order to better able them to work for a foreign corporation or work-study abroad. For more information about China Education Alliance, please visit http://www.chinaeducationalliance.com.
For more information, please contact:
Investor Relations:
RedChip Companies, Inc.
Dave Gentry, Investor Relations
Tel: +1-800-733-2447 x104
Email: info@redchip.com
Web: http://www.RedChip.com
SOURCE China Education Alliance, Inc.
MELVILLE, N.Y.--(BUSINESS WIRE)-- Verint(R) Systems Inc. today announced upcoming customer and market events showcasing the ways global organizations are capitalizing on workforce optimization (WFO) technology, such as quality monitoring/recording, workforce management (WFM) and analytics, to improve efficiencies, streamline operations and enhance the customer experience.
Verint Online Event "Smart Strategies for Retaining High-Value Customers"Webinar November 12 Joining Oscar Alban of Verint Witness Actionable Solutions for this November 12, 2 p.m. ET webinar will be Brynn Palmer, an industry authority known as The Customer Experience Doctor. Together, these seasoned practitioners will explore the importance of and "how to's" around building customer loyalty both in up and down economic times. Key topics will cover ways to gain insight and take action on the feedback customers provide, how surveying can help build a strong alliance between customer service and marketing teams, and how to instill a customer-centric approach to operations. Protecting and retaining customers, supporting sales and preserving brand equity are key, and now's the time to invest in these vital areas. In this session, attendees will find out why and how. NSC Group and Verint Breakfast Briefing "Enterprise Workforce Optimization" November 12 Burswood Entertainment Complex, Burswood, Australia During this breakfast roundtable on November 12 from 7:45 - 9:30 a.m. WST, Andy Hawkes from Verint Witness Actionable Solutions will serve as a guest speaker and explore the considerations and first steps toward an enterprise-wide workforce optimization (WFO) strategy. During the session, attendees will gain insights into implementing a WFO strategy with supporting processes and solutions, how these are helping organizations around the world reduce operations costs while improving the customer experience, and why the contact center is considered a "cornerstone" for applications such as workforce management (WFM) and recording, as well as such rapidly evolving and dynamic solutions as speech analytics and customer feedback surveys. CustomerThink Showcase Online Event "Speech Analytics: Mining Customer Voices for Business Insight" November 12 On November 12 at 10 a.m. PT, Diego Lomanto of Verint Witness Actionable Solutions will participate in an online speech analytics discussion and product demonstration of Verint's Impact 360(R) Speech Analytics software. Most contact centers record customer conversations, yet many fail to utilize them as a strategic resource. Dialogue between customers and agents can provide valuable insight into rising issues, competitive intelligence, emerging trends and the root causes prompting customer calls into the contact center. During this session, Diego will highlight the role speech analytics technology can have in the call center and the widespread impact it can have in making it an intelligence hub and central point to customer service operations enterprise-wide. Workforce Optimization Creative Practices Workshop Verint Regional Event December 1 Renaissance Boston Waterfront Hotel, Boston, Mass. Kathleen Peterson, founder and chief vision officer for Powerhouse Consulting, will be a featured speaker at Verint's half-day creative practices workshop in Boston on December 1. Taking place from 8:30 a.m. - 1 p.m. ET, the event will explore valuable tips and takeaways for optimizing the customer experience to satisfy both the needs of customers and the business -- along with contact center and broader enterprise creative practices that can be put into action today. A series of interactive discussions will round out the agenda.
For more information about Verint Systems or these upcoming events, please visit www.verint.com.
About Verint Witness Actionable Solutions
Verint(R) Witness Actionable Solutions(R) is the leader in analytics-driven workforce optimization software and services. Its solutions are designed to help organizations capture customer intelligence, uncover business trends, discover the root cause of employee and customer behavior, and optimize the customer experience. From contact centers to remote office, branch and back-office operations, its award-winning, next-generation Impact 360(R) Workforce Optimization suite is the industry's most unified solution set--featuring quality monitoring and recording, workforce management, speech and data analytics, customer feedback surveys, performance management, eLearning and coaching. Impact 360 helps improve the entire customer service delivery network, powering the right decisions to help ensure service excellence and transform organizations into customer-centric enterprises.
About Verint Systems Inc.
Verint(R) Systems Inc. (VRNT.PK), headquartered in Melville, New York, is a leading provider of Actionable Intelligence(R) solutions for an optimized enterprise and a safer world. Today, more than 10,000 organizations in over 150 countries rely on Verint solutions to perform more effectively, build competitive advantage and enhance the security of people, facilities and infrastructure. Visit us at our website www.verint.com.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 10, 2007, as supplemented by our Current Reports on Form 8-K filed on November 5, 2007, January 16, 2008, and April 9, 2008 and the Form NT-10Q filed on September 9, 2009. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, the Company assumes no obligation to update or revise them or to provide reasons why actual results may differ.
VERINT, the VERINT logo, ACTIONABLE INTELLIGENCE, POWERING ACTIONABLE INTELLIGENCE, WITNESS ACTIONABLE SOLUTIONS, STAR-GATE, RELIANT, VANTAGE, X-TRACT, NEXTIVA, EDGEVR, ULTRA, AUDIOLOG, WITNESS, the WITNESS logo, IMPACT 360, the IMPACT 360 logo, IMPROVE EVERYTHING, EQUALITY, CONTACTSTORE, EYRETEL, BLUE PUMPKIN SOFTWARE, BLUE PUMPKIN, the BLUE PUMPKIN logo, EXAMETRIC and the EXAMETRIC logo, CLICK2STAFF, STAFFSMART, AMAE SOFTWARE and the AMAE logo are trademarks and registered trademarks of Verint Systems Inc. Other trademarks mentioned are the property of their respective owners.
Source: Verint Systems Inc.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 11, 2009) - The following issue(s) have been halted on the TSXV today:
Company / Compagnie ISEEMedia Inc. TSXV Symbol / Symbole IEE Reason / Motif Company request pending news Halt Time / Heure de l'Arret 9:12 ET
(x) Please note that IIROC is not able to provide any additional information regarding a specific trading halt or resume. Information is limited to general enquiries only.
FOR FURTHER INFORMATION PLEASE CONTACT:
IIROC Inquiries
(416) 646-7299
Fax: (604) 602-6986 (FAX)
Surveillancewest@iiroc.ca
www.iiroc.ca
Source: Investment Industry Regulatory Organization of Canada (IIROC)
NEW YORK--(BUSINESS WIRE)-- Essex Rental Corp. (OTCBB: ERNT; ERNTW; ERNTU) ("Essex"), announced today that Ron Schad, President and CEO, and Marty Kroll, Senior Vice President and CFO, will address institutional investors at two investment conferences scheduled as follows:
-- Oppenheimer 4th Annual Industrials Conference: on November 18, 2009 at
2:45 pm ET at the Millennium Broadway Hotel in New York, NY.
-- KeyBanc 2009 Engineering and Construction Conference: on November 19,
2009 at 1:00 pm ET at The Grand Hyatt Hotel in New York, NY.
The presentation for the Oppenheimer Conference will be webcast live via the Investor Relations section ("Events and Presentations") of the Essex Rental Corp. website at www.essexcrane.com. To listen to the live presentation, please go to the website at least 15 minutes early to register, download and install any necessary audio software. A replay of the event via the same link will be available for 90 days.
About Essex Rental Corp.
Headquartered outside of Chicago, Essex, through its subsidiary, Essex Crane, is one of North America's largest providers of lattice-boom crawler crane and attachment rental services. With over 350 cranes and attachments in its fleet, Essex supplies cranes for construction projects related to power generation, petro-chemical, refineries, water treatment & purification, bridges, highways, hospitals, shipbuilding, offshore oil fabrication and industrial plants, and commercial construction.
Some of the statements in this press release and other written and oral statements made from time to time by the Company and its representatives are "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 statements include statements regarding the intent and belief or current expectations of Essex and its management team and may be identified by the use of words like "anticipate", "believe", "estimate", "expect", "intend", "may", "plan", "will", "should", "seek", the negative of these terms or other comparable terminology. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements. Important factors that could cause actual results to differ materially from Essex's expectations include, without limitation, the continued ability of Essex to successfully execute its business plan, the possibility of a change in demand for the products and services that Essex provides (through its subsidiary, Essex Crane), intense competition which may require us to lower prices or offer more favorable terms of sale, our reliance on third party suppliers, our indebtedness which could limit our operational and financial flexibility, global economic factors including interest rates, general economic conditions, geopolitical events and regulatory changes, our dependence on our management team and key personnel, as well as other relevant risks detailed in our Annual Report on Form 10-K and subsequent periodic reports filed with the Securities and Exchange Commission and available on our website, www.essexcrane.com. The factors listed here are not exhaustive. Many of these uncertainties and risks are difficult to predict and beyond management's control. Forward-looking statements are not guarantees of future performance, results or events. Essex assumes no obligation to update or supplement forward-looking information in this press release whether to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results or financial conditions, or otherwise.
Source: Essex Rental Corp.
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