Midfielder Sebastian Berhalter, the 19-year-old son of U.S. national team coach Gregg Berhalter, was acquired by Major League Soccer's new expansion team in Austin, Texas, on Wednesday on a loan from Columbus in exchange for $50,000 in general allocation money. Gregg Berhalter, a former U.S. defender, coached Columbus from 2013-18 before taking over the U.S. team.
Philadelphia Federal Reserve President Patrick Harker told Yahoo Finance that he does not expect the Fed to raise interest rates in 2022, despite bond market bets that a rate hike could come that year.
"We are clearly very concerned about allegations in The Times following claims made by former staff of The Duke and Duchess of Sussex."
TORONTO, March 03, 2021 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) has agreed to acquire 15 stores from seven vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $100,000,000, subject to customary adjustments (the “Acquisitions”). Five of the Acquisitions are arm’s length and two, totaling $10,700,000, are related party acquisitions (the “Related Party Acquisitions”) with Access Self Storage Inc. or its affiliates or associates (collectively, “Access”) as the Vendor. It is anticipated that the Acquisitions will close in Q1 and Q2 2021. Seven of the assets are located in Ontario, two in Saskatchewan and six in Alberta. Six of the stores are currently managed by StorageVault. The Acquisitions will result in StorageVault owning 182 stores and owning and managing 221 across Canada. Purchase Price and PaymentThe aggregate purchase price is $100,000,000, subject to adjustments, and is payable by the issuance of an aggregate of up to approximately $15,000,000 of StorageVault common shares to certain of the Vendors based on an agreed upon VWAP ending two days prior to closing, with the remainder of the aggregate purchase price being paid with funds on hand and mortgage financing. Conditions Precedent to the AcquisitionsThe obligations of StorageVault to complete the Acquisitions are subject to conditions including, but not limited to: satisfactory due diligence, obtaining first mortgage commitments, and satisfactory environmental site assessment reports. The obligations of both StorageVault and the Vendors to complete the closing of the Acquisitions are subject to the satisfaction of other customary closing conditions and include acceptance of the TSX Venture Exchange (“TSXV”). None of the seven Vendor group Acquisitions are conditional or contingent on the completion of the other Acquisitions. Exemption from MI 61-101 and TSXV Policy 5.9As Access is a non-arm’s length party to StorageVault, the Related Party Acquisitions are considered “related party transactions” under MI 61-101 and TSXV Policy 5.9. StorageVault is relying on exemptions from the formal valuation and minority approval requirements of MI 61-101 and TSXV Policy 5.9, in respect of the Related Party Acquisitions, pursuant to Section 5.5(b) (Issuer Not Listed on Specified Markets) and Section 5.7(a) (Fair Market Value Not More Than 25% of Market Capitalization) of MI 61-101, respectively. Other InformationThere can be no assurance that the Acquisitions will be completed as proposed or at all. The TSXV has in no way passed upon the merits of the Acquisitions and has neither approved nor disapproved the contents of this news release. No new insiders will be created, nor will any change of control occur, as a result of the Acquisitions. About StorageVault Canada Inc.StorageVault currently owns and operates 212 storage locations in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Nova Scotia. StorageVault owns 167 of these locations plus over 4,400 portable storage units representing over 9.2 million rentable square feet on over 525 acres of land. StorageVault also provides professional records management services, such as document and media storage, imaging and shredding services. For further information, contact Mr. Steven Scott or Mr. Iqbal Khan: Tel: 1-877-622-0205 firstname.lastname@example.org Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information: This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. In particular, this news release contains forward-looking information in relation to: the proposed Acquisitions; the timing for completion of the proposed Acquisitions; the satisfaction of the conditions for completion of the proposed Acquisitions; and the issuance of StorageVault common shares to satisfy a portion of the purchase price for certain of the proposed Acquisitions. This forward-looking information reflects StorageVault’s current beliefs and is based on information currently available to StorageVault and on assumptions StorageVault believes are reasonable. These assumptions include, but are not limited to: the completion of satisfactory due diligence by StorageVault in relation to the proposed Acquisitions; execution of purchase agreements for certain of the proposed Acquisitions; the satisfactory fulfilment of all of the conditions precedent to the proposed Acquisitions including satisfactory due diligence, obtaining first mortgage commitments, and satisfactory environmental site assessment reports; the receipt of all required approvals for the proposed Acquisitions, including TSXV acceptance and any third party consents (including for mortgage commitments); the issuance of StorageVault common shares as disclosed above as part of the purchase price for certain of the proposed Acquisitions; market acceptance of the proposed Acquisitions; the receipt of, and accuracy of the value of, appraisals received for the proposed Acquisitions; acceptable financing to complete the proposed Acquisitions; the level of activity in the storage business and the economy generally; consumer interest in StorageVault’s services and products; competition and StorageVault’s competitive advantages; and StorageVault’s continued response and ability to navigate the COVID-19 pandemic being consistent with, or better than, its ability and response to date. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of StorageVault to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; general capital market conditions and market prices for securities; delay or failure to receive third party or regulatory approvals; the actual results of StorageVault’s future operations; competition; changes in legislation, including environmental legislation, affecting StorageVault; the timing and availability of external financing on acceptable terms; conclusions of economic evaluations and appraisals; lack of qualified, skilled labour or loss of key individuals; risks related to the COVID-19 pandemic including various recommendations, orders and measures of governmental authorities to try to limit the pandemic, including travel restrictions, border closures, non-essential business closures, service disruptions, quarantines, self-isolations, shelters-in-place and social distancing, disruptions to markets, economic activity, financing, supply chains and sales channels, and a deterioration of general economic conditions including a possible national or global recession; and the impact that the COVID-19 pandemic may have on StorageVault which may include: a short-term delay in payments from customers, an increase in accounts receivable and an increase of losses on accounts receivable; decreased demand for the services that StorageVault offers; and a deterioration of financial markets that could limit StorageVault’s ability to obtain external financing. A description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in StorageVault’s disclosure documents on the SEDAR website at www.sedar.com. Although StorageVault has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of StorageVault as of the date of this news release and, accordingly, is subject to change after such date. However, StorageVault expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.
Noa was treated in hospital for an infection.
NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp. (NASDAQ: LEGOU) (the “Company”) announced today that, commencing on or about March 4, 2021, holders of its units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s common stock and warrants included in the units. The shares of common stock and warrants that are separated will trade on the Nasdaq Capital Market (“Nasdaq”) under the symbols “LEGO” and “LEGOW,” respectively. Those units not separated will continue to trade on Nasdaq under the symbol “LEGOU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of common stock and warrants. Legato Merger Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. The Company’s efforts to identify a prospective target business will not be limited to any particular industry or geographic region, although the Company currently intends to focus on target businesses in the renewables, infrastructure, engineering and construction and industrial industries. EarlyBirdCapital, Inc. acted as the sole book running manager for the Company’s initial public offering which was consummated in January 2021. I-Bankers Securities, Inc. acted as co-manager. A registration statement relating to the Company’s offer and sale of these securities was filed with the Securities and Exchange Commission (“SEC”) and became effective on January 19, 2021. 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. FORWARD-LOOKING STATEMENTS This press release contains statements that constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact: David D. Sgro Chief Executive Officer Legato Merger Corp. 212-319-7676
NORTON, Mass., March 03, 2021 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (Nasdaq: CPSH) announces the completion and shipment of several parts to be used in the high-performance spectrometer-based methane sensing system of the MethaneSAT satellite program. MethaneSAT is designed to locate and measure methane from human sources worldwide with much higher sensitivity and spatial resolution and with a far wider field of view than is available with current satellite technology. Methane is a potent greenhouse gas, with more than 80 times the warming power of carbon dioxide during the first 20 years after it is released to the atmosphere. Grant Bennett, President and CEO, stated “CPS is pleased and honored to be participating in this historic program. The MethaneSAT program could have a major impact on significantly reducing the unnecessary release of Methane into the atmosphere. We are also pleased that participation in this program has allowed us to work with Ball Aerospace, the primary flight system integrator and instrument provider for the MethaneSAT program.” AlSiC is a metal-matrix composite consisting of the metal aluminum and the ceramic silicon carbide. In power modules and power supplies, as well as many other electronic applications, AlSiC enables higher reliability and higher performance as a result of its material properties, particularly thermal expansion, thermal conductivity and stiffness-to-weight ratio. AlSiC is very light weight, which is an important consideration in space-based and airborne applications. In addition to the MethaneSAT system, CPS AlSiC components are also found on the Mars 2020 Perseverance Rover, International Space Station and in the most recent generation of GPS satellites (GPS III) for the U.S. Space Force. CPS believes AlSiC components will increasingly be used in space-based and airborne applications because of the compelling performance advantages AlSiC provides. For additional information on the remarkable technologies and capabilities of MethaneSAT please see MethaneSAT’s webpage: https://www.methanesat.org/. About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intellectual property include critical pieces of the technology puzzle for electric trains and subway cars, wind turbines, hybrid vehicles, electric vehicles, the smart electric grid, 5G infrastructure and others. CPS' armor products provide exceptional ballistic protection and environmental durability at very light weight. CPS is committed to innovation and to supporting our customers in building solutions to this planet's problems. Safe HarborStatements made in this document that are not historical facts or which apply prospectively, including those relating to 2021 financial results, are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release. CPS Technologies Corporation Chuck Griffith, Chief Financial Officer 111 South Worcester Street Norton, MA 02766 Telephone: (508) 222-0614 Web Site: www.alsic.com
DATA Communications Management Corp. ("DCM" or the "Company")(TSX:DCM), a leading provider of marketing and business communications solutions to companies across North America, announces today preliminary financial results for the fourth quarter and the fiscal year ended December 31, 2020.
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Bain Capital Specialty Finance, Inc. (NYSE: BCSF or the "Company") today announced that it has priced an offering of $300.0 million aggregate principal amount of 2.950% senior unsecured notes due 2026 (the "Notes"). The Notes will mature on March 10, 2026 and may be redeemed in whole or in part at the Company’s option at any time at par plus a "make-whole" premium, provided that the Notes may be redeemed at par one month prior to their maturity.
TORONTO, March 03, 2021 (GLOBE NEWSWIRE) -- AGF Management Limited reported total fee-earning assets under management (AUM) of $39.8 billion as at February 28, 2021. AUM ($ billions)February 28, 2021January 31, 2021% ChangeMonth-Over-MonthFebruary 29, 2020% Change Year-Over-YearTotal Mutual Fund (including retail pooled funds)$21.4$20.8 $18.5 Institutional and Sub-advisory + High-net-worth + Exchange-traded funds$15.7$15.5 $16.2 Subtotal (before Private Alternative AUM)$37.1$36.3 $34.7 Private Alternative AUM$2.7$2.8 $2.7 Total AUM $39.8$39.11.8%$37.46.4% Average Daily Mutual Fund AUM$21.6$21.2 $19.5 Mutual Fund AUM by Category (including retail pooled funds)($ billions)February 28,2021January 31,2021February 29,2020Domestic Equity Funds$3.7$3.7$3.4U.S. and International Equity Funds10.710.18.0Domestic Balanced Funds0.40.40.5U.S. and International Balanced Funds22.214.171.124Domestic Fixed Income Funds126.96.36.199U.S. and International Fixed Income Funds188.8.131.52Domestic Money Market0.20.20.1Total Mutual Fund AUM$21.4$20.8$18.5 ABOUT AGF MANAGEMENT LIMITED Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations. AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With nearly $40 billion in total assets under management, AGF serves more than 700,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B. AGF Management Limited shareholders, analysts and media, please contact:Adrian BasarabaSenior Vice-President and Chief Financial Officer416-865-4203, InvestorRelations@agf.com
MONTREAL — A well-known Quebec lawyer says she's mounting a legal challenge to provincial laws that don't grant common-law spouses the same rights as married couples in the event of a breakup. Anne-France Goldwater said today Quebec family law treats unmarried women as having less value than their married counterparts because they aren't entitled to the same alimony and property rights. Goldwater previously argued the issue all the way to the Supreme Court of Canada, which ruled in 2013 that Quebec's family law regime was constitutional and did not have to be changed, even though the court found there was discrimination against common-law couples. The case, known as "Eric and Lola," involved a woman and her former lover, a prominent Quebec businessman who contended he should not have to pay alimony because they were never legally married. Goldwater, who represented "Lola" in the case, has filed a new motion in Quebec Superior Court contesting the constitutionality of all the articles relating to family law in Quebec's Civil Code as well as the section of the provincial Charter of Human Rights and Freedoms that deals with rights and obligations of married and civil union spouses. The case she's arguing concerns a common-law couple called "Nathalie" and "Pierre," who were together 30 years and have four children. Goldwater told reporters today the years that have passed since the Supreme Court of Canada decision have reinforced the need for the law to change. She notes in her court submission that successive provincial governments have promised to reform the province's family law without ever doing so. "Quebec family law perceives non-married women and their children as having less value than married families and it's even worse for women who are common law without children," Goldwater said. "Why are Quebec women not equal under Quebec law?" she said. The 2013 Supreme Court decision noted that while there was discrimination toward common-law couples, it could be allowed under a section of the Canadian charter which allows for the limitation of rights in certain circumstances. Goldwater says she believes the current situation represents a form of "systemic sexism" that has been worsened by the COVID-19 pandemic, which she says has had a disproportionate impact on women. "Why do we have to have a pandemic to convince the leaders that women are economically disadvantaged?" she said. Under Quebec's current law, common-law spouses aren't entitled to alimony, division of the family patrimony or the right to occupy the home after the split. While any children stemming from the relationship have a right to support, the fact that the parent doesn't get alimony or a share of the wealth will result in a lower standard of living for the children, Goldwater says. She argues this creates "two sets of rules" for children: one for those whose parents married, and another for children whose parents were common-law spouses. Like others before it, Premier Francois Legault's government has promised to reform the province's family law, which has not been overhauled since 1980. Goldwater says the change could be made with the "stroke of the pen," namely by adding de facto spouses to the definition of couple and family, as was done for same-sex spouses when they were granted the same rights and benefits as heterosexual married couples in Quebec. This report by The Canadian Press was first published March 3, 2021. Pierre Saint-Arnaud, The Canadian Press
SAN DIEGO — Former NFL player Kellen Winslow II was sentenced Wednesday to 14 years in prison for multiple rapes and other sexual offences against five women in Southern California, including one who was homeless when he attacked her in 2018. The 37-year-old son of San Diego Chargers Hall of Fame receiver Kellen Winslow appeared via videoconference at the hearing in San Diego Superior Court in Vista, a city north of San Diego. He declined to comment before his sentence, saying his lawyers had advised him not to speak. “In the future, I do plan to tell my story," said the former Cleveland Browns star, once the highest-paid tight end in the NFL. San Diego County Superior Court Judge Blaine Bowman said Winslow can only be described in “two words and that is a sexual predator." The judge said he preyed on women who were especially vulnerable, befriending a homeless woman, picking up a 54-year-old hitchhiker, and attacking a teen after she had passed out at a party. Bowman called them “brazen" crimes. He noted that Winslow continued to prey on women even after his first arrest. He performed a lewd act in front of a 77-year-old woman at a gym while hiding his GPS monitoring ankle bracelet with a towel. He also exposed himself to a 57-year-old neighbour who was gardening despite having a bike app that gave his location at the time. “The vulnerability of the victims was no accident," Bowman said. “It was the type of victim that you sought out yourself because you felt that perhaps they wouldn’t report the crime" or “wouldn't be deemed credible by the jurors." The 14-year-sentence was the maximum allowed under a plea deal. He was convicted of forcible rape, rape of an unconscious person, assault with intent to commit rape, indecent exposure, and lewd conduct in public. Four of the women gave statements Wednesday, including one victim who had the prosecutor read hers. All described suffering for years after their attacks from fear and emotional trauma. The woman who was homeless and raped in Winslow's home town of Encinitas, a beach community north of San Diego, called into the hearing via video conference from the San Diego County District Attorney's office, where she watched the proceedings with another victim. She said since she was raped she has had trouble raising her head and walking. She feels afraid constantly, and checks under beds and in closets when she stays at her brother's house. “I don’t ever feel safe inside or outside," she said. “You brought so much damage to my life." Once a first-round NFL draft pick for the Cleveland Browns, Winslow played also for the Tampa Bay Buccaneers, New England Patriots and the New York Jets. He earned more than $40 million over his 10 seasons. He was injured in a motorcycle accident and left the NFL in 2013. “This is somebody who has been allowed to utilize his financial privilege and celebrity to evade jail while awaiting trial, which is when he victimized me,” the 77-year-old woman said Wednesday. “It shows this is a defendant who does not learn from his mistakes, who shows no respect to our laws.” Winslow's attorney Marc Carlos said he suffered from head trauma from the many blows to his head playing football, which can only explain why he “went off the rails," going from a star athlete to a convicted sexual predator. He said his client has accepted responsibility and intends to get help. Winslow was first convicted after a trial in June 2019 when jurors found him guilty of forcible rape and two misdemeanours — indecent exposure and a lewd act in public. The same jurors failed to agree on other charges, including the alleged 2018 rape of the 54-year-old hitchhiker, and the 2003 rape of the unconscious 17-year-old high school senior who went to a party with him when he was 19. Before he was retried on those charges, he pleaded guilty to raping the teen and sexual battery of the hitchhiker. Those pleas spared him the possibility of life in prison. The father of two, whose wife filed for divorce after he was convicted, had faced up to 18 years in prison for all the charges. But both sides agreed to reduce the sexual battery charge to assault with intent to commit rape last month. That reduced the maximum sentence to 14 years. Winslow must also register as a sex offender for the rest of his life. Julie Watson, The Associated Press
Ronny Jackson, congressman and former doctor to US presidents, has disputed a report alleging misdeeds
Sen. Chuck Schumer said Democrats would be "on track" to pass the bill by March 14, when a federal boost to unemployment benefits expires.
At least six people were killed in North Okkalapa Township, Yangon, Myanmar, and at least 18 were in critical condition after security forces fired "live rounds” at protesters on Wednesday, March 3, Frontier Myanmar reported.At minimum 34 people were killed in protests across the country on Wednesday, the largest single-day death toll since the coup began, reports saidVideo filmed by local resident Thein Htut Naing during a protest on Bogyoke Street in North Okkalapa Township on Wednesday includes audio of gunshots ringing out.Other footage from Wednesday’s protest action in North Okkalapa shows injured, bloodied protesters being carried through the streets and the sound of rapid-fire gunshots. Credit: Thein Htut Naing via Storyful
Nate Lowe did notice a distinct difference about his first spring training in Arizona, now that the young first baseman is in camp with the Texas Rangers. “There's no grains in the green, the ball doesn’t really hold the fairway all that well,” Lowe said Wednesday. “An extra 10% on your long irons ... that's something that I had to factor into my game." Lowe then chuckled, and made it clear he was just joking. His focus isn't on the golf course, but rather trying to become a starter for the rebuilding Rangers, who viewed him as an upgrade at first base when they acquired him from Tampa Bay in December. “We’ve been kind of targeting him for a while," manager Chris Woodward said during a Zoom call from the team's spring training facility in Surprise, Arizona. “He does a lot of the things that we want out of our hitters.” Even with only 60 games in the pandemic-shortened season last summer, seven different players started games at first base for the Rangers. Ronald Guzman's 23 starts were the most, but the elite 6-foot-5 defender with potential for big pop in his bat was inconsistent at the plate for the third year in a row. Texas got the 25-year-old Lowe, who has appeared in only 71 big league games the past two seasons, in a six-player trade of prospects. That deal went down while Guzman, who is at spring training out of minor league options, was playing in the Dominican winter league. A .230 hitter in 236 games for the Rangers, he hit .360 with five homers, 13 RBIs and 17 walks in 111 at-bats and the league MVP in his 30 winter games. “He's been doing it for a little while now and obviously had a successful winter,” Lowe said. “That's going to push me to play better and obviously help the team win more games. So having better players play better is great for competition and great for the team overall.” While the Rangers likely don't have room for two left-handed hitting first basemen, there could be ways to keep both on the roster if they perform this spring training. Lowe, who throws right-handed, could also play some at third base, another unsettled position for Texas. But he is still at first for now, starting Wednesday's spring training game there while Guzman got his first start in left field. “Versatility is never a bad option, so it’s something that we’ll keep on the back burner,” Lowe said. “And if it’s something that is going to help the team win, then we’ll work more at it. But I’ve got to work on my craft at first, and figure it out from there.” Lowe hit .224 with four homers and 11 RBIs in 21 games last season for the Rays, when his only post-season appearance was in the wild card series. He has a .251 average with 11 homers and 30 RBIs in his two big league seasons. Woodward has been impressed watching Lowe during batting practice on the field and in the cages. There was also the double down the line he hit on a 3-1 changeup in an early spring game because of the ability to adjust his swing. “Just the calmness, the swing itself is very simple with really good moves,” Woodward said. “It shows me that there’s going to be some consistency there in controlling the strike zone. He’s got a ton of power to move the ball, he’s got a ton of speed to the ball in his swing. ... There’s a calmness about him. He doesn’t get too high, too low. He just kind of goes through every day.” ___ More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports Stephen Hawkins, The Associated Press
Now more than ever, agencies seek suppliers who are competitive, easily identified and seamlessly contracted SEATTLE, March 03, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Tuesday, March 2nd by DemandStar Corporation, please note that in the first sentence of the second paragraph, the number of agencies joined since March 1, 2020 should be 139 agencies, rather than 53. The corrected release follows: DemandStar, the leading online network for connecting businesses of all sizes to public sector opportunities, makes public today that 53 new government agencies have joined the leading online procurement market within January and February of this year. DemandStar was created for the benefit of both agencies and suppliers so they can easily find and secure contracts. Within the past year, government agencies saw an increase of three to five times more bids while saving 10-15 percent on contract deals. While January and February have achieved the greatest number of agency sign-ups, 139 agencies and 21,000 business suppliers have joined DemandStar since March 1, 2020 at the beginning of the COVID-19 pandemic. Additionally, well over $3 billion in contract value has been moved, including both general government and COVID-19-specific spending. This increasing number of new sign-ups is a clear indication that government agencies and suppliers are overcoming the challenges of 2020 and will continue to find new ways for growth and success in 2021. “It is no surprise that the COVID-19 pandemic has placed incredible, unforeseen pressures on government agencies. As a result, government professionals have had to locate suppliers who can help them accomplish newly established goals,” said Ben Vaught, CEO of DemandStar. “Over the past year, agencies and businesses have flocked to DemandStar and reaped its benefits. The procurement process has been made easier for our network to succeed in these challenging times, and we look forward to extending this ease of business to our new and future members.” Below are a few stand-out agencies from the new additions: Santa Clara Stadium Authority, CASilicon Valley/Santa Clara DMO, CACity of Coconut Creek, FLOrlando Utilities Commission, FLCity of Temple, GAEmbry-Riddle Aeronautical University, GAGeneva Park District, ILOswego Community Unit School District 308, ILCity of Republic, MOMissouri State University, MOTown of Vienna, VADane County, WI Government agencies and businesses looking to join DemandStar’s e-bidding procurement marketplace can learn more at https://network.demandstar.com/. ABOUT DEMANDSTARDemandStar builds communities by connecting government entities quickly and efficiently with quality suppliers of all sizes. Founded in 1998, they pioneered the online marketplace concept for bidding on government contracts and now serve as the gateway for B2B partnerships between governments and suppliers both locally and nationally throughout the United States. For more information or for government entities and suppliers interested in joining DemandStar’s network, please visit www.demandstar.com or call (206) 940-0305. Contact: Jamie AndersenPhone: (949) 502-6200Email: Jamie@bastionelevate.com