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Kodiak to Fly Airborne Geophysical Survey at MPD Copper-Gold Porphyry Project in Preparation for Drilling

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Vancouver, British Columbia–(Newsfile Corp. – April 8, 2020) – Kodiak Copper Corp. (TSXV: KDK) (FSE: 5DD1) (the “Company” or “Kodiak”) announces that it has contracted a ZTEMTM airborne geophysical survey in preparation for the next phase of drilling at its 100% owned MPD copper-gold porphyry project in southern BC.

Claudia Tornquist, President and CEO of Kodiak said, “Kodiak is in a very strong position, being fully funded and with a clear exploration strategy at our advanced MPD project. This first airborne geophysical survey ever flown over the consolidated property kicks off our 2020 exploration program to follow up on the Gate Zone discovery announced earlier this year. Historic ground geophysical data shows significant anomalies across a large 10 km2 area but only to a maximum depth of 250 metres, and by completing this work we will be able to trace the continuation of these large anomalies down to over 1000 metres vertical depth. This will be instrumental in prioritizing targets for a Phase II drilling program planned in early summer. Our interpretation is that the porphyry centre or centres have not been discovered yet, which bodes well for high grades yet to be drilled. There is plenty of opportunity for further discoveries and with a larger drill program and better information we are poised to generate exciting results and build on the discovery success to date.”

Kodiak’s recent maiden Phase I drill program at MPD tested the vertical extent of historic copper-gold mineralization below shallow historic drilling in the Prime area, which rarely tested below 200 metres depth. The program culminated in the discovery of the new Gate Zone, with hole MPD-19-003 containing the highest grade copper-gold intervals in core ever reported in the 50-year history of the property, and mineralization extending from near surface to over 800 metres vertical depth (see news release dated Jan. 16, 2020).

In preparation for a larger Phase II drill program in early summer 2020, Kodiak has contracted Geotech Ltd. to fly a property-wide ZTEMTM airborne electromagnetic-magnetic survey in April that covers 72 km2. The ZTEMTM data will map resistivity/conductivity responses to over 1000 metres depth, enabling us to see below historic ground geophysical anomalies and shallow copper-gold mineralization intersected in the previous drilling. Information from this survey will be crucial to vectoring-in on potentially higher-grade porphyry centre(s) as well as characterizing the geological and structural controls on porphyry mineralisation.

Figure 1 – Gate Zone: Cross-sections of historic drilling and hole MPD 19-003. The left panel is a colour contour of Cu% with colourbars of Cu% (green) and Au g/t (red) in core. The right panel is a colour contour of historic ground Induced Polarization (IP) geophysics. Note that limited depth of the IP response reflects only shallow mineralisation in historic drilling, and not the longer intervals with higher grades discovered at Gate.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3803/54258_d88e6d92b4c828db_002full.jpg

Figure 2- Dillard Area: Cross-sections of historic drilling in the Dillard area. The left panel is a colour contour of Cu% with colourbars of Cu% (green) and Au g/t (red) in core. The right panel is a colour contour of historic ground Induced Polarization (IP) electromagnetic chargeability. Note the limited depth of historic geophysics and drilling to date, showing potential for higher grades at depth and along strike, similar to the Gate Zone.

To view an enhanced version of Figure 2, please visit:
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With the benefit of new ZTEMTM airborne data, the Phase II drill program will be designed to expand mineralization at the Gate Zone using step-out drilling to target higher-grade mineralization along strike, and up dip to shallower depths (see Figure 1). It will also test the depth and extent of significant mineralization noted at other shallow historic zones such as Dillard (see Figure 2) and Dillard East. In addition to ongoing reprocessing of historic ground geophysics, petrographic-geochemical studies will be performed on core to help prioritise targets. Kodiak is fully permitted with a multi-year, area-based exploration permit, and the ability to work year round at the MPD Project.

Kodiak continues to monitor the evolving COVID-19 situation with respect to mineral exploration in BC. Protecting the health and safety of our workforce and the communities we work in is our highest priority. Prior to starting any field work, the Company will ensure that appropriate operational procedures and social distancing protocols are in place which follow Federal and Provincial government guidelines.

Jeff Ward, P.Geo, Vice President Exploration and the Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this release. Kodiak believes historic results referenced herein to be from reliable sources using industry standards at the time. However, the Company has not independently verified, or cannot guarantee, the accuracy of this historic information.

For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360 or khenderson@kodiakcoppercorp.com.

On behalf of the Board of Directors
Kodiak Copper Corp.

Claudia Tornquist
President & CEO

About Kodiak Copper Corp.

Kodiak is focused on its portfolio of 100% owned copper porphyry projects in Canada and the USA. The Company’s most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel Trough in south-central British Columbia, Canada, where the Company made a discovery of high-grade mineralization in 2020. Kodiak also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, USA, near the world-class Bagdad mine. The Company’s Trapper copper-gold porphyry project is located in the northern Golden Triangle region of British Columbia. All three of Kodiak’s porphyry projects have been historically drilled and present known mineral discoveries with the potential to hold large-scale deposits.

The Company also holds the advanced-stage Kahuna diamond project in Nunavut, Canada. Kahuna hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets.

Kodiak’s founder and chairman is Chris Taylor who is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of the Discovery Group of Companies led by John Robins, one of the most successful mining entrepreneurs in Canada.

Neither 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 Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words “anticipate”, “plan”, “continue”, “expect”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “predict”, “potential” and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the Company’s exploration plans. Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company’s future operations. The Company’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54258

Top Companies are Racing to Stock Shelves with Hand Sanitizer

Houston, Texas–(Newsfile Corp. – April 8, 2020) – Major companies across the U.S. are racing to keep up with hand sanitizer demand.

Unfortunately, it’s been tough for retailers and producers to keep pace.

That’s because since COVID-19 began making its rounds, the Center for Disease Control (CDC) has strongly recommended using hand sanitizer with at least 60% alcohol. Even the World Health Organization notes, “Use an alcohol-based hand sanitizer with at least 60% alcohol. Always wash hands with soap and water if hands are visibly dirty.”

As a result, demand for sanitizer exploded more than 1,400% between December 2019 and January 2020, according to Adobe Analytics, as highlighted by Beauty Packaging. Nowadays, as demand continues to build, companies can’t produce sanitizer products fast enough, causing empty grocery store shelves.

In fact, even the makers of Purell, GOJO Industries are seeing big demand. “We are seeing a substantial increase in demand. We have experienced several demand surges in the past during other outbreaks, and this is on the higher end of the spectrum.”

With considerable demand, we’re also seeing shortages.

However, companies are racing to keep up with such sizable demand.

One of those Companies is Yield Growth Corp.

Yield Growth’s subsidiary, Urban Juve just announced a second hand sanitizer product approval.

In fact, Urban Juve’s Natural Health Product application for hand sanitizer gel was approved by Health Canada under its new fast track application process. The approval was granted on April 2, 2020 by Health Canada’s Natural and Non-prescription Health Products Directorate, issuing Product License NPN: 80098154.

This product licence authorizes the sale of the hand sanitizer gel. The approval was granted within one week of the application being submitted, consistent with Urban Juve’s hand sanitizer liquid spray, which was approved on March 27, 2020 under Product License NPN: 80097926.

“One of the biggest challenges in getting large volumes of hand sanitizer products to market is sourcing packaging,” says Yield Growth CEO Penny White. “Urban Juve is scheduled to start production next week of our hand sanitizer spray. We are eager to roll out these new products which allow Yield Growth to be part of the solution.”

In addition, Health Canada granted approval for Urban Juve’s liquid hand sanitizer to be manufactured in Canada. This approval was earned on March 27, 2020 from Health Canada’s Natural and Non-prescription Health Products Directorate (NNHPD), issuing Product License NPN 80097926. The approval was granted within one week of the application being submitted. This fast track approval will allow Urban Juve to complete an initial manufacturing run more quickly than the estimated 60-day schedule announced last week.

To protect against coronavirus disease 2019 (COVID-19), the Center for Disease Control advises to clean hands often with soap and water for at least 20 seconds, or if soap and water are not readily available, to use a hand sanitizer with at least 60% alcohol. Urban Juve’s natural hand sanitizer liquid spray contains 65% alcohol, which is in line with Health Canada guidelines, and also has a refreshing and clean blend of peppermint, lavender and orange peel oils, all of which are known for their disinfecting properties and their ability to promote optimum skin health.

For more information, visit the company’s website at https://yieldgrowth.com.

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Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media which has a partnership with www.MarijuanaStox.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54262

The AI Eye Podcast: GBT Technologies’ qTerm Adds AI to Human Vital Signs Device; CTO Discusses New AI Medical Technology

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Point Roberts, Washington and Vancouver, British Columbia–(Newsfile Corp. – April 8, 2020) – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you a special edition of the The AI Eye, looking at advancements in artificial intelligence, featuring an exclusive interview with GBT Technologies Inc. (OTC Pink: GTCH) discussing the conception , design and development of its new AI medical technology.

Listen to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2020/040620-AI-Eye-GTCH.mp3

Hear the Ai Eye on Spotify

GBT Technologies Inc.’s (OTC Pink: GTCH) intelligent human vital signs device qTerm is distinguished by its AI-powered features, according to company CTO, Danny Rittman.

qTerm measures a user’s vital signs and reports them to the user. The device is the result of a joint venture between GBT and Tokenize-It, S.A., called GBT Tokenize Corp. A recent press release announced that development of the device has begun.

The device, according to Rittman is, “Conceptually, as it is in design stage, is a combination of hardware and embedded software, making it capable of taking, on the fly and in a matter of seconds, body temperature, heart rate, and blood pressure. And in the future we’ll probably add blood-oxygen level,” he said. But what separates qTerm from similar devices is its inclusion of AI.

“It’s going to incorporate not just the electronics of the measuring sensors, but an artificial intelligence unit that is going to collect the data and basically keep it per customer, per user – of course with the user’s permission – [and] save it in a central, secure database,” Rittman said. “It’s not just another measuring device, it’s an intelligent device that’s going to incorporate a whole database per user per human body vitals.”

This capability yields a “thermal map” that identifies “HOT SPOTS” – areas of users with higher-than-normal temperatures – which users can then avoid so as to reduce risk of illness. Think of it as “WAZE of the MEDICAL MAP” – based on user in the area it can indicate a potential problem.

“Upon, of course, the user’s permission, and without recording names or privacy invasion … the device will record the user’s geographical spot with [their] temperature,” he said. “That means that a higher temperature than normal is recorded [and] it will accumulate in a broad map…”

Also indicated in the press release, is that the company intends to create both a mobile and standalone version of the device. Highlighting its planned intuitive and user-friendly nature, Rittman said the mobile version:

“…looks like a little button and sticks to the back of your cell phone. It has a little touch button, you touch it and hold your finger there between five and ten seconds, and in this time it is activated, takes your body vitals (temperature, heart rate, blood pressure), transmits it to your phone via Bluetooth device and you can see the results on your phone.”

The development of qTerm also reflects some of the major trends observed in telemedicine – the remote diagnosis and treatment of patients by means of telecommunications technology. An article from the site Medical Alert Advice notes the tendency in the space toward better mobile tech and apps to further proliferate access to healthcare. While not an app, qTerm’s mobility lends itself to this trend in its mobility.

In a sense, telemedicine is following the trend of all technological advancements of recent years -providing a service that patients can access in the palm of their hands.

One of the key elements in making telemedicine technologies work is greater access to information and data. This trend can be observed in qTerm, given the ease with which it can measure and record such data (“touch it and hold your finger there between five and ten seconds”).

qTerm’s development is also notable for its potential concurrence with the COVID-19 pandemic. IBM, a veteran in the field, recently announced that it is making its AI-powered “Watson Assistant for Citizens” freely available for 90 days in an effort to spread information and awareness about the virus. For its part, Watson Assistant for Citizens leverages AI search capabilities to advance critical information to citizens.

With restrictions on businesses and social gatherings increasing as governments scramble to slow the spread of COVID-19, a product like qTerm could be potentially in the future invaluable with its application in identifying high risk areas.

“We believe that this type of product can really assist, especially in the world health crisis that’s going on,” Rittman said. “Giving and providing hotspots worldwide can help fight this pandemic.”

Interview by Sam Mowers, Investorideas.com

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54226

MediaValet Reports Record Fiscal 2019 and Fourth Quarter Results

Delivers Record Year with Revenue up 77%, Net Billings up 92% and ARR up 85%

Vancouver, British Columbia–(Newsfile Corp. – April 8, 2020) – MediaValet Inc. (TSXV: MVP) (the Company), a leading provider of enterprise digital asset management (“DAM”) and creative operations software, is pleased to report its results for the year and the three months ended December 31, 2019.

Summary of Quarterly Results

3 months ended
December 31, 2019
Year ended December 31, 2019
2019(1) 2018(2) 2019(1) 2018(2)
Revenue $ 1,677,012 $ 841,920 $ 5,160,970 $ 2,923,122
% Increase 99% 43% 77% 34%
Gross Margin 1,411,264 681,862 4,407,343 2,296,231
Gross Margin % 84% 81% 85% 79%
Operating Expenses1,2,3 2,105,420 1,517,997 7, 010,662 5,915,149
% Increase 39% 17% 19% 3%
EBITDA Loss1,2,4 (694,156 ) (836,135 ) (2,603,319 ) (3,618,918 )
% (Decrease) / Increase (17%) 1% (28%) (8%)
Net loss (1,042,296 ) (949,236 ) (3,592,327 ) (4,234,120 )
% Increase / (Decrease) 10% (7%) (15%) (15%)
Loss per share5 (0.04 ) (0.06 ) (0.20 ) (0.30 )
As at December
31, 2019
As at December
31, 2018
Annual Recurring Revenue (“ARR”)6 $ 6,501,074 $ 3,511,967
% Increase 85% 41%
Modified Working Capital ex. of Deferred
Revenue and Debt
2,800,748 (164,546 )
Deferred Revenue 4,407,953 2,323,742
% Increase 90% 57%
Total assets 6,486,469 1,980,184
Lease liabilities 1,182,835
Long-term and Convertible Debt 3,283,199 3,150,000
Shareholder Deficiency (4,260,076 ) (5,174,656 )

“Fiscal 2019 was a breakout year for MediaValet,” said David MacLaren, Founder and CEO. “We built upon our core enterprise Cloud DAM offering, adding new features and enhancements that make a meaningful difference for our customers, resulting in increased adoption and integration within customer environments. At the same time, DAM has rapidly progressed as a mission-critical part of the marketing stack, making our Cloud solutions increasingly must-haves, especially in the current environment where working remotely has become a requirement. Our sales and marketing teams have been able to reach prospective buyers more easily than ever before and do so with high quality, referenceable, customer case studies that truly set us apart from the competition.”

Continued Mr. MacLaren, “The result, a record year for customer acquisition, retention and expansion. I’m proud to report that we grew our ARR by 85% to $6.5M, adding $3.0M of net new ARR – up 192% from last year – and attained Net Billings(7) of $7.2 million, up 92% from last year after a record in Q4’18 of $2.3M, up 75% from Q4’17. Highlighting the impact of our strategic focus and the growing DAM market; it took us eight years to surpass the $1 million mark in quarterly Net Billings, and just one year to surpass $2M.”

Mr. MacLaren added, “In 2019, we continued to strengthen our operational and platform security. This included adding a Head of Information Security and obtaining our SOC II Type II certification, preparing us to handle the latest macro-economic and environmental climates. This has proven essential for our response to the current pandemic, as we were able to rapidly implement our remote contingency plan, across our entire organization, without interruption. We believe our proven ability to shift to providing our services remotely, and to enable our customers to do the same, will help us to continue our growth trend through these challenging times.”

Rob Chase, Executive Chair and CFO commented, “It has been an exciting year for us on all fronts – from operational excellence, to product enhancement, to sales and customer growth, to growing our team, and to strengthening our balance sheet and Board. In fiscal 2019, we raised $5.1M of growth capital, significantly reduced our operational funding requirements, and ended the year with $2.8M of working capital. Additionally, after year end, we’ve raised a further $3.83M of capital from deposits for exercise of warrants, options and conversion rights. This has us well-positioned to fund our growth plan despite the swift economic slowdown caused by the global response to the recent pandemic. From a longer viewpoint, we expect the DAM industry to continue growing as enterprises recognize its importance for their marketing and creative teams, particularly as they move to remote working policies, and we believe that these industry tailwinds will continue to benefit MediaValet moving forward.”

Results of Operations

Key Financial Metrics:

  • Grew revenue to $5.16 million in fiscal 2019, up 77% from $2.92 million in fiscal 2018. Fourth quarter revenue of $1.68 million increased 99% from $0.84 million in Q4 last year, and increased 23% sequentially. With an average of 90% of revenue from annual subscriptions, the growth reflects the corresponding changes in deferred revenue and ARR from increased levels of customer acquisition and retention. These increases are a direct result of continuous new feature development and platform enhancements, such as Advanced Search and CreativeSPACES, and of industry leading sales and marketing strategies.
  • Increased Gross Margin to $4.41 million in fiscal 2019, up 92% from $2.30 million in fiscal 2018. The Gross Margin percentage was 85% for fiscal 2019 compared to 79% last year. For the fourth quarter, gross margin was 84% compared to 81% in Q4 2018, and 86% in Q3 2019. The improved margin is due to continuous system enhancements, increased sales volume, improved operating efficiencies, and new paid feature add-ons such as Guided Artificial Intelligence (Guided AI) and CreativeSPACESTM.
  • Incurred Operating Expenses of $7.01 million, a 19% increase (2018 proforma 22%) from $5.92 million for fiscal 2018. Q4-2019 Operating Expenses were $2.11 million, a 39% increase (2018 proforma 43%) from $1.52 million in Q4 2018, and a sequential increase of 18% compared to Q3 2019. Excluding the impact of IFRS 16, the increases are primarily due to increased sales and marketing expenses as the Company targets spend in line with its current stage of development and team size. In addition, R&D costs increased for projects required to execute enterprise grade security initiatives, and to accelerate enterprise product features. This is in response to the Company’s growing traction within the enterprise segment of the DAM market.
  • Reported a fiscal 2019 EBITDA loss of $2.60 million, a 28% reduction (2018 proforma 22%) from $3.62 million. The Q4 2019 EBITDA loss was $0.69 million, a 17% decrease (2018 proforma 9%) from $0.84 million in Q4 F2018. The reduced loss reflects continued revenue growth as a result of the Company’s growing recurring revenue base, offset by a measured increase to operating costs in balance with funding levels and organic growth objectives.
  • Increased Annual Recurring Revenue (“ARR”) to $6.50 million, an increase of 85% compared to $3.51 million at December 31, 2018. The Net New ARR (“NNARR”) for fiscal 2019 was $2.99 million, up 192% from $1.02 million in fiscal 2018. Q4 2019 was $0.69 million, a 92% increase compared to NNARR of $0.36 million in Q4 2018, and a 36% sequential decline from $1.08 million in Q3 2019. Since launch of MediaValet 4.0 in May 2018 and the process of continuous enhancements to the Company’s enterprise-class Cloud DAM offerings, the Company has consistently improved existing customer net retention rates (achieving over 100% in fiscal 2019), increased its average customer size, and significantly expanded its overall rate of new customer acquisition.
  • Ended the fiscal year with $2.43 million of cash on hand (December 2018 – $0.12 million), modified working capital (excluding deferred revenue, lease liabilities and debt) of $2.80 million (December 2018 – negative $0.16 million), lease liabilities of $1.18 million, long-term debt of $3.00 million, and convertible debt of $0.28 million at carrying value (December 2018 – total debt of $3.15 million).

Technology and Product:

MediaValet first launched its new V4 platform along with its unique Advanced Search (artificial intelligence), Multi-Library and CreativeSPACES modules in 2018. Since then it has continued to enhance each of these components, doing incremental releases on a weekly and monthly basis. In Fiscal 2019, this continued commitment to product innovation and advancement has led to a number of announcements, including:

  • October 29, 2019: won a $494,000 subscription under a Master Services Agreement (“MSA”) with a world leader in entertainment. All of the client’s many subsidiaries are now able to purchase under the MSA, having completed an extensive evaluation of MediaValet’s security, scalability, customer support, operational processes and business execution.
  • September 12 to October 3, 2019: announced several large new customer DAM subscriptions including $115,000 from a US federal agency, $65,000 from a higher-education customer, $85,000 from a manufacturing company, and $94,000 from a Sports and Entertainment group. Highlights included: government customer revenue increased 125% to 10% of total revenue; Higher-education remains over 10% of total revenue and increased 29%; and revenue from customers with high-security needs were 46% of new customers, an increase of 337% over the prior year to date.
  • June 5 and July 11, 2019: announced two new large customer wins, of approximately $100,000 each, with world leading organizations for Sports and Entertainment and Global Sales and Marketing Services. Both new customers purchased DAM + CreativeSPACES.
  • April 30, 2019: reported existing customer usage and adoption performance improvements following migration of V4 in September 2018. In particular – (i) an Agency customer doubled its DAM subscription value to US$125,000 in ARR; and (ii) a Fortune 50 customer added a seventh division, increasing its subscription value 39% to US$95,000 in ARR.
  • March 21, 2019: indicated that the integration partnership with Wrike is making a difference for customers. Mutual customer, Pendo, improved user experience across both Wrike and MediaValet platforms, allowing Pendo’s team to save money, improve brand consistency and maximize the impact of their digital assets.
  • February 26, 2019: a global leader in design awarded MediaValet with a US$140,000 subscription, citing CreativeSPACES as a “must-have for its distributed creative operation teams”.

Operations and Corporate:

  • September 12, 2019: converted $1.20 million of convertible debentures for 2,287,162 units at $0.525 per unit. Each unit includes one common share and one share purchase warrant with an exercise price of $0.90 for a period of 3 years, subject to the Company’s right to force exercise if the 10-day average share price exceeds $1.50. All rights under the convertible debentures were surrendered on conversion, including the warrants issued with the debentures. A total of $350,000 of convertible debentures remain outstanding.
  • September 10, 2019: announced closing of a $3.5 million brokered private placement with Cormark Securities, Inc., issuing 6,666,666 units at $0.525 per unit. Each unit includes one common share and one share purchase warrant with an exercise price of $0.90 for a period of 3 years, subject to the Company’s right to force exercise if the 10 day average share price exceeds $1.50. Broker commissions were $245,000 plus 136,111 broker warrants with an exercise price of $0.90 for a period of 3 years.
  • September 10, 2019: Francis Shen of Shen Capital Corporation joins MediaValet’s Board of Directors, and Shen Capital becomes an 11.74% shareholder through its participation in the brokered private placement. Mr. Shen was the former Chairman, Co-Chief Executive Officer and founder of Aastra Technologies Ltd.
  • September 9, 2019: the Company’s shares began trading on a consolidated basis, having completed a 15:1 share consolidation, reducing the number of shares outstanding to 24,346,823 after completion of the brokered private placement and conversion of convertible debentures.
  • March 20, 2019: completed a $1.55 million convertible debenture financing. $1.20 million of the debentures converted to equity on September 12, 2019.
  • February 14, 2019: strengthened the Board of Directors with the addition of seasoned technology executives, Thomas Kenny (former SVP of Sales for Absolute Software and HP) and Jake Sorofman (Chief Marketing Officer of Pendo, and former Vice President and Chief of Research at Gartner). At the same time, Barry Jinks stepped down from the Board and the Company thanked him for his many years of service.

Subsequent Events:

  • On February 25, 2020, announced accelerated expiry of 7,133,332 warrants for total potential proceeds of $6.35 million. The warrants relate to financings from September 10, 2019 and March 20, 2019, and the new expiry date is April 27, 2020 (previously September 10, 2022 and March 20, 2022 respectively).
  • From January 1, 2020 to April 6, 2020, deposits of $3.83 million were received from the exercise of warrants, stock options and convertible debenture conversion rights, for a total of 4,193,452 common shares. This includes full settlement of the remaining $350,000 of convertible debentures.
  • On February 13, 2020 and April 2, 2020, the Company issued new hire stock options grants to certain employees of 38,000 and 85,000 options, at $1.53 and $0.88 per share respectively. The options have a term of five years, and a vesting term of three equal instalments on the first three annual anniversary dates from grant date.
  • On March 11, 2020, the World Health Organization categorized COVID-19 as a pandemic. The potential economic effects could have a material impact on the performance of most companies and industries. The extent of the impact of this outbreak and related containment measures on the Company’s performance cannot be reliably estimated at this time.

1 Adoption of IFRS 16: Fiscal 2018 figures have not been restated for adoption of IFRS 16 as the changes were applied starting January 1, 2019 on a Modified retrospective basis. Had fiscal 2018 figures been restated, the 2019 percentage change from 2018 (“2018 proforma”) would be a 22% increase (Q4’19: 43%) for Operating Expenses, and a 22% decline (Q4’19: 9%) for EBITDA Loss. IFRS 16 did not impact the Net Loss. See “Adoption of New Account Standards”.

2 Adoption of IFRS 15: Fiscal 2017 figures have not been restated for adoption of IFRS 15 as the changes were applied starting January 1, 2018 on a cumulative effect basis. Had fiscal 2017 figures been restated, the 2018 percentage change would (“2017 proforma”) be a 6% increase (Q4’18: 22%) for Operating Expenses, and a 4% decline (Q4’18: 8% increase) for EBITDA Loss. See “Adoption of New Account Standards”.

3 Operating Expenses include Sales & Marketing, Research & Development and General & Administrative.

4 EBITDA is a non-IFRS measure that is used as a measure of profit and loss. Management believes EBITDA provides a meaningful measure for assessment of Company performance as it removes non-cash and non-operating expenses such as financing costs.

5 Per share figures have been adjusted to reflect the 15:1 share consolidation completed on September 9, 2019. Note that quarterly loss per share amounts may not aggregate to the annual amount disclosed in the annual financial statements due to rounding.

6 Annual Recurring Revenue (ARR) is a non-IFRS measure that provides an indication of future revenue and billings from customers as of the reporting date. ARR represents the sum of the annual recurring revenue from existing customer contracts or commitments as of the reporting period end date, and as such management believes ARR to be a meaningful measure for assessment of Company performance. ARR is recorded as deferred revenue when it is invoiced and is recognized in revenue evenly on a monthly basis over the contract term.

7 Net Billings are a non-IFRS measure representing the sum of invoiced sales in the period, including both existing customer renewal invoices and new customer invoices with standard payment terms (generally net-30). Net Billings are calculated by subtracting closing deferred revenue from opening deferred revenue and adding recognized revenue for the period. Management believes Net Billings are an important measure for understanding the business, as given that the related revenue is deferred and amortized, Net Billings provides a measure of the amount of cash generated from customers in the period.

MediaValet’s full financial statements and related MD&A are now available on SEDAR.

About MediaValet, Inc.

MediaValet stands at the forefront of the enterprise cloud-based digital asset management industry. Built exclusively on Microsoft Azure and available in 140 countries, 54 Microsoft data center regions, around the world, MediaValet delivers unparalleled enterprise class security, reliability, redundancy and scalability while offering the largest global footprint of any DAM solution. In addition to providing all core DAM capabilities and local desktop-to-cloud support for creative teams, MediaValet offers industry leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Oracle Marketing Cloud (Eloqua), Drupal 8, WordPress, Hootsuite and many other best-in-class 3rd party applications.

For further information, please contact:

Corporate Office
David MacLaren, CEO | david.maclaren@mediavalet.com | (604) 688-2321
Rob Chase, Executive Chairman and CFO | rob.chase@mediavalet.com | (604) 688-2321

Press Relations
Babak Pedram | babak.pedram@mediavalet.com| (416) 644-5081

“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.”

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54259

Grande Portage Resources Receives Drill Permit for Herbert Gold Project

Vancouver, British Columbia–(Newsfile Corp. – April 8, 2020) – Grande Portage Resources Ltd. (TSXV: GPG) (OTCQB: GPTRF) (FSE: GPB) (“Grande Portage” or “the Company”) is pleased to announce that it has received regulatory approval for its upcoming drill program at its 100% controlled Herbert Gold project located within the Juneau Gold Belt in southeast Alaska.

The Company has contracted Timberline Drilling Inc. to drill approximately 15,000 feet of diamond drill core on the Company’s project. The upcoming drill program will test multiple targets significantly deeper and further to the east than in year’s past. The Company will specifically target the Main, Deep Trench, and Goat veins during this program. The Company is fully funded for the 2020 drill season.

Impact of COVID-19

Grande Portage is carefully monitoring the public health impact of the coronavirus (COVID-19) on a daily basis. Our first priority is the health and safety of our communities, shareholders, contractors, employees and other stakeholders. The Grande Portage team has been working closely to ensure all the correct protocols and safety precautions are in place. Management continues to work remotely and they have kept in regular contact with our stakeholders (who remain safe at home with their families), our investors and interested parties.

“Our business continuity plans have been fully mobilized in response to the COVID-19 global pandemic,” said Ian Klassen, Chief Executive Officer. “We are working closely with the State of Alaska and the federal regulators and health experts to protect our workforce and nearby communities. This includes putting some operations temporarily into care and maintenance. We are also making sure that these short-term disruptions do not impact long-term business value while ensuring we are well-positioned to safely and efficiently ramp-up operations in a timely manner once the worst of this global pandemic passes. We continue to extend our best wishes to all during these unprecedented times.”

The Company will continue to monitor the evolving COVID-19 situation and will continue to act proactively to protect the health of its workforce.

This news release has been prepared and approved by Carl Hale, CPG, a geologist with more than 40 years of experience and a Qualified Person as defined under NI #43-101.

About Grande Portage:

Grande Portage Resources Ltd. is a publicly traded mineral exploration company focused on the Herbert Gold discovery situated approximately 25 km north of Juneau, Alaska. The Company holds a 100% interest in the Herbert property. The Herbert Gold property system is open to length and depth and is host to at least six main composite vein-fault structures that contain ribbon structure quartz-sulfide veins. The project lies prominently within the 160km long Juneau Gold Belt, which has produced nearly seven million ounces of gold. The Company’s recent Mineral Resource estimate is quoted at a base case mineral resources cut-off grade of 2.50 grams per tonne gold (g/t Au) and consists of: An indicated resource of 606,500 ounces of gold at an average grade of 10.03 g/t Au (1,880,500 tonnes); and An inferred resource of 251,700 ounces of gold at an average grade of 14.15 g/t Au (553,429 tonnes).

ON BEHALF OF THE BOARD

“Ian Klassen”
Ian M. Klassen
President & Chief Executive Officer
Tel: (604) 899-0106
Email: Ian@grandeportage.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54245

Aurora Solar Technologies Granted New Patent and Announces Stock Option Grants

Corporate Logo

North Vancouver, British Columbia–(Newsfile Corp. – April 8, 2020) – Aurora Solar Technologies Inc. (TSXV: ACU) (the “Company“) is pleased to announce that it has been granted a key patent in the field of manufacturing process data visualization. The Company also announces new option grants.

The patent that was recently granted by the United States Patent Office, entitled “Mapping Of Measurement Data To Production Tool Location And Batch Or Time Of Processing” describes Aurora’s proprietary method for intuitive data display and monitoring of the performance of solar cell manufacturing equipment, using measurements of critical-to-quality parameters such as those provided by the Company’s DMTM line of measurement systems.

“This patent embodies core Intellectual Property in manufacturing process visualization. It protects the Company’s unique method for organizing and displaying solar cell manufacturing equipment performance data, providing operating personnel with clear actionable information. It’s method for data representation is also a building-block in the capabilities being developed for our InsightTM product,” said Gordon Deans, Aurora’s Chief Executive Officer.

Currently, the Company has patent families related to its Infrared (IR) measurement technology and to solar cell manufacturing processing. This new patent extends the company’s portfolio to the field of process visualization and control. The Company also has a number of other patents pending in these fields.

The Company also announces that it has granted 1,230,000 stock options to employees, management and consultants. The options are granted for five years at an exercise price of $0.10.

About Aurora Solar Technologies:

Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. We believe that solar power will dominate the renewable energy field, and our mission is to bring quality and profitability to every customer through superior control of critical processes during solar cell manufacturing.

Aurora’s products are used by some of the world’s most advanced and respected solar cell manufacturers. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Aurora’s website is located at www.aurorasolartech.com.

For further information contact:

Jake Bouma
Corporate Development
Phone: +1 (604) 317-3936
corpcom@aurorasolartech.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54231

Maple Gold Details 1,500 Metre Long Drill-Ready Target Area with New Induced Polarization Survey

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3077/54255_mgm-fig1_550.jpg

Montreal, Quebec–(Newsfile Corp. – April 8, 2020) – Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (“Maple Gold” or the “Company“) is pleased to announce that the Company’s infill induced polarization (IP) lines at the Northeast IP Target now includes a 1,500m metre long drill-ready target area in the SW portion of a 3km corridor of chargeability anomalies, with both known local geology and Induced Polarization response interpreted to be favourable for new Vezza-type gold discoveries. The past producing Vezza mine, located 12 km to the east of Maple Gold’s Douay Project, produced approximately 0.4M ounces at ~6 g/t Au (life-of-mine). In addition to Vezza, the much larger Casa Berardi deposit (6.2M ounces past production plus reserves and resources), occurs in the same litho-tectonic context as Vezza. Casa Berardi is located approximately 40km west of the Douay property, with current (proven and probable) reserve grades of 5.3 g/t Au for underground and 2.3 g/t Au in-pit.1 Summary highlights for this new discovery drill target include:

  • Single short historical drill-hole (1994), completed just off western edge of the new IP anomaly, intersected Vezza-style alteration and mineralisation (silica-sericite-pyrite altered sediments with disseminated pyrite) and anomalous background gold(20-120ppb Au) from 62.4m to end-of-hole at 153m, with interval gold grades increasing downhole.

  • The Company’s infill IP survey defined highest chargeability over >400m distance (for context Vezza deposit extended for about 400m along strike), starting near surface and open to depth (Figs. 1 and 2).

  • Maple Gold will focus on vectoring toward the higher grade portion of the hydrothermal system in this area, believed to be to the northeast, associated with an increased chargeability response.

  • The IP anomalies forming the eastern half of the above-mentioned 3km corridor appear to be open to the north; the IP grid will be extended in that direction before initial drilling occurs in this area.

Note: Mineralisation hosted on adjacent and/or nearby properties is not necessarily indicative of mineralisation hosted on the Company’s Douay Property.

Maple Gold’s VP, Exploration, Fred Speidel, commented: “Our 2020 drilling campaign included a series of drill-holes within the known deposit area where we believe we can define more near surface higher-grade material, but we are also very excited about the prospect of making new greenfield discoveries across our greater property and the Northeast IP Target represents an excellent opportunity for us to do so.” Coming soon: Educational Investor Update – Targeting New Gold Discoveries with Fred Speidel. Click the following link to receive investor updates directly to your inbox:

Figure 1: Chargeability slice at 150m depth; the response (measured in mV/V) is interpreted to reflect the presence of (electrically chargeable) disseminated pyrite associated with gold mineralisation. Note position of historical hole at SW edge of anomaly, and position of section 1800E shown in Fig 2, which serves to confirm the presence of a gold-bearing system in this area, but which only tested the near-surface and SW edge of it.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3077/54255_mgm-fig1.png

Drill-testing this new Northeast IP discovery target is a priority for the Company; the timing for drilling this discovery target will be dictated by both market conditions and by any ongoing work restrictions related to COVID-19. The position of the main proposed drill site as shown in Fig. 1 and 2 (currently one of several being permitted) reflects the Company’s interpretation of where the vectors towards higher grade gold mineralisation may be pointing, starting from the historical hole that established the presence of a broad but low-grade gold-bearing hydrothermal system. The Company is using the trend indicated by the chargeability anomaly as a proxy for pyrite content, and the interpreted increase in pyrite content to the NE as a proxy for a vector towards higher grade gold mineralisation.

Figure 2: 2D inversion for IP (chargeability) section 1800E; note near-surface anomalous response and both broadening and strengthening of anomaly at depth; bottom of section is 460m depth. Trace of Fig. 2 plan view is also shown. Note that Vezza deposit gold mineralisation extends to at least 750m depth.

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/3077/54255_mgm-fig2.png

Maple Gold’s pipeline of new discovery targets for both gold and VMS style mineralisation continues to grow. In addition to the drill-ready Northeast IP Target, the Company has several greenfield gold targets generated from 2018 top-of-bedrock drilling at the western edge of the Douay property and a series of base metal targets throughout the central portion of the property. The Company will complete additional IP lines over these target areas in the future to firm up new drill targets.

Qualified Person

The scientific and technical data contained in this press release was reviewed and prepared under the supervision of Fred Speidel, M. Sc, P. Geo., Vice-President Exploration, of Maple Gold. Mr. Speidel is a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Speidel has verified the data related to the exploration information disclosed in this news release through his direct participation in the work. Click the following link to review the Company’s QA-QC standards and protocols: http://maplegoldmines.com/index.php/en/projects/qa-qc-qp-statement.

About Maple Gold

Maple Gold is an advanced gold exploration and development company focused on defining a district-scale gold project in one of the world’s premier mining jurisdictions. The Company’s ~355 km² Douay Gold Project is located along the Casa Berardi Deformation Zone (55 km of strike) within the prolific Abitibi Greenstone Belt in northern Quebec, Canada. The Project benefits from excellent infrastructure and has an established gold resource that remains open in multiple directions. For more information please visit www.maplegoldmines.com.

ON BEHALF OF MAPLE GOLD MINES LTD.

“Matthew Hornor”

B. Matthew Hornor, President & CEO

For Further Information Please Contact:

Mr. Joness Lang
Executive Vice-President
Cell: 778.686.6836
Email: jlang@maplegoldmines.com

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 PRESS RELEASE.

Forward Looking Statements:

This news release contains “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legislation in Canada, including statements about the prospective mineral potential of the Porphyry Zone, the potential for significant mineralisation from other drilling in the referenced drill program and the completion of the drill program. Forward-looking statements are based on assumptions, uncertainties and management’s best estimate of future events. Actual events or results could differ materially from the Company’s expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding timing and completion of the private placement. When used herein, words such as “anticipate”, “will”, “intend” and similar expressions are intended to identify forward-looking statements.

Forward-looking statements are based on certain estimates, expectations, analysis and opinions that management believed reasonable at the time they were made or in certain cases, on third party expert opinions. Such forward-looking statements involve known and unknown risks, and uncertainties and other factors that may cause our actual events, results, performance or achievements to be materially different from any future events, results, performance, or achievements expressed or implied by such forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Maple Gold Mines Ltd.’s filings with Canadian securities regulators available on www.sedar.com or the Company’s website at www.maplegoldmines.com. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

1 Dec 31, 2018: 43-101 report, titled Technical Report for the Casa Berardi Mine, Northwestern Quebec, Canada, 297p.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54255

Outsourced Sales and Contract Sales Leader, Sales Partnerships, Inc. Awarded as the Top Field Sales Organization in America

Outsourced sales and contract sales organization, Sales Partnerships, Inc. awarded as the top field sales organization in America. The largest sales awards globally, the Stevie Awards, recognized the top sales organizations in the US.

BROOMFIELD, CO, April 08, 2020 /24-7PressRelease/ — Outsourced sales and contract sales leader, Sales Partnerships Inc (SPI), was presented with 4 Gold (“Best in Class”) Stevie Awards along with a Grand Stevie Award at the 14th annual Stevie Awards for Sales & Customer Service on February 28th, 2020.

The Stevies awarded SPI as the Top Field Sales Team in America, Top Sales Outsourcing Provider Worldwide, Top Sales Recruitment Initiative in America, and Top Sales Distinction in America. SPI was also recognized as fielding the top sales and operations teams in financial services, for exceptional sales achievements in financial services sales, best use of technology for field sales optimization, and top sales distinction of the year for having success selling financial products to more than 1M brick and mortar U.S. businesses face to face. The Top 10 Awards are ten best-of-competition prizes that were presented to the organizations that submit the best collection of entries to the Stevie Awards for Sales & Customer Service. SPI was awarded a Grand Stevie Award trophy.

The Stevie Awards for Sales & Customer Service are the world’s top honors for customer service, contact center, business development, and sales professionals. Some of the largest companies in the world from locations in more than 45 countries were judged for accomplishments throughout 2019 with the groups with the highest scores receiving the top award in their respective categories. Thousands of nominations were judged in specialized categories this year, the most ever submitted for consideration. The award winners were announced February 28th, 2020 at an awards gala at Caesar’s Palace in Las Vegas, Nevada. Video of the award ceremony can be found via the Stevies main site https://stevieawards.com/sales and on the Stevies YouTube channel https://www.youtube.com/user/TheStevies.

This year’s awards included global leaders, IBM, DHL, HomeServe USA, Delta Vacations, Dell and more.

“We’ve spent 20 years selling for Fortune 500 companies. The core reason these organizations choose us is because we optimize every possible element of the selling process. This ranges from quantifying recruiting metrics to get better hires to predictive systems to identify where reps will need training before their numbers fall. Getting recognized by the Stevies as the top field sales organization overall and as the top sales outsourcing provider is a great recognition that helps us expand awareness of our industry. Our goal is to introduce domestic outsourced sales to new industries who may have never considered it before. Combining their internal teams with us to fill in gaps by product, industry, or geography is the key to maximizing market share.”

– SPI’s Chief Sales Officer, Fred Kessler

The 2020 Stevie Awards marks the 12th consecutive year Sales Partnerships has earned top honors in sales. To see the complete list of 2020 Stevie Award winners, they can be found here.

2020 SPI Gold Winner YouTube interviews:
https://youtu.be/oO0pZYR0tmQ
https://youtu.be/QBz5bH4uGHA
https://youtu.be/oYv3NwAELJw
https://youtu.be/vTH3ida_Bc0

About Sales Partnerships, Inc.
Sales Partnerships is the most-awarded sales and marketing outsourcing organization in North America. As a turn-key sales solution for our clients, we build, train, and manage the teams using SPI’s award-winning systems and close deals for you under your brand. Founded in 1997, SPI has earned recognitions for innovation in sales solutions and technologies to optimize sales performance. That relentless focus allows SPI to deploy nationwide teams in weeks while successfully beating quotas that our clients need (with the industry’s highest quality control ratings). For more information, visit https://www.salespartnerships.com

About the Stevie Awards
Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at https://stevieawards.com/sales.

Gerber Ciano Kelly Brady LLP Continues To Grow

New Additions to General Litigation and Insurance Coverage Practices

NEW YORK, NY, April 08, 2020 /24-7PressRelease/ — Gerber Ciano Kelly Brady LLP is pleased to announce the law firm recently added Jeffrey Migdalen and Paul J. Callahan as partners, and Lisa M. Bonanni as an associate. Collectively, they reflect the firm’s diverse and national client base, which includes prominent product manufacturers and distributors, retailers, construction companies, professional service providers, and the world’s leading insurers.

Additionally, Gerber Ciano Kelly Brady announced it remains open for business to serve clients and protect their interests through the ongoing COVID-19 pandemic. As a firm designed from its inception to utilize innovative, secure, cloud-based technology that allows its lawyers and staff to work remotely without any impact on client services, it is protecting its people and communities while continuing to advance matters under the prevailing conditions.

The firm created and continually updates a COVID-19 and the Courts resource page on its website to provide the latest updates on how courts are operating during this time within the primary jurisdictions it serves: New York, New Jersey, Pennsylvania and Connecticut

About Our New Attorneys

Jeffrey Migdalen, who practices from the Garden City office, joined the firm’s Construction and General Litigation Practice Groups. He is a seasoned trial lawyer with numerous successful verdicts in state and federal courts. He has extensive experience defending contractors and owners in construction worksite injury claims invoking New York’s Labor Law. He also regularly defends clients in high-exposure personal injury actions involving premises liability, trucking and products liability.

Paul Callahan, a member of the firm’s Insurance Solutions Practice Group who is based in the Buffalo office, handles analysis and litigation of complex insurance coverage and contractual risk transfer issues. His broad range of coverage work includes representing insurance companies in large-loss subrogation actions, as well as assisting special investigation units in the investigation, evaluation and litigation of suspicious first-party claims. He currently serves as chair of the Insurance Coverage Committee to the Torts, Insurance and Compensation Law Section of the New York State Bar Association.

Lisa Bonanni, another addition to the Insurance Solutions Practice Group and based in Garden City, focuses on commercial property, casualty and construction insurance coverage litigation. She has extensive experience handling coverage matters from inception to trial, and she has secured favorable outcomes for insurers at courts throughout New York. She also aids insurers in claims analysis and provides coverage opinions on complex issues including covered causes of loss, business interruption, pollution and water coverage or exclusions, and more.

Headquartered in New York, New York, Gerber Ciano Kelly Brady LLP is a law firm dedicated to providing clients with exceptional legal services combined with unparalleled value and efficiency. With more than 30 lawyers operating out of eight offices in New York, Connecticut, Pennsylvania, New Jersey, and London, England, we provide legal counsel and advocacy to businesses, insurers, and professionals locally, nationally and internationally.

Named in the 2020 edition of U.S. News – Best Lawyers “Best Law Firms,” our team comprises industry leaders, seasoned trial attorneys, and nationally recognized authorities in a broad range of practice areas. We cultivate a working environment that provides a humane, sustainable approach to earning a living and living in our world — for ourselves and for our clients. We are committed to reducing our costs, and our impact on the planet, through integrating virtually and innovative practices to avoid the traditional “brick and mortar” costs associated with operating a law firm.

To learn more about what sets us apart, visit gerberciano.com.

Care for Respiratory Patients is Threatened in the Wake of the Coronavirus Pandemic

Thrive ePulmonary is at the forefront of making sure that those battling chronic respiratory disease receive the care they need.

DENVER, CO, April 08, 2020 /24-7PressRelease/ — Using the first few months of the global Covid-19 pandemic as an indicator, experts have predicted that respiratory departments in hospitals and private clinics are going to be filled beyond capacity for a long time to come. Respiratory therapists may also be in extremely short supply, for non-emergencies. Hospitals have already reached a point where breathing aids, such as ventilators, are not available for everyone that needs one. As a result, care for those battling chronic respiratory conditions such as COPD may suffer for months, or even years.

Living under a stay at home order, though challenging, also presents an unprecedented opportunity. Modern life is so busy and hectic that people are sometimes unable to find time and energy to learn new skills that will benefit them. At this time we have no choice but to pare down our schedules to only doing what is absolutely most essential, leaving many hours in the day to occupy. It’s ok to spend some time binge watching shows or sorting through old photos but respiratory patients would be wise to use this time to develop skills that may be nothing short of lifesaving in the very near future?

With respiratory departments at hospitals and clinics being overrun with current Covid-19 patients, programs like Thrive ePulmonary are going to be key in respiratory health care in the coming years. Thrive is much more than a series of education videos. It is an impressive, online respiratory disease management education program that empowers respiratory patients to take control of their health. Its main objective is to slow disease progression by helping patients control symptoms to prevent further lung damage and avoid hospital visits. Better management skills help patients to feel stronger physically, more confident mentally, and calmer emotionally which leads to better health outcomes, overall.

Thrive ePulmonary is an all-encompassing masterclass that every respiratory patient could benefit from, no matter what stage their disease is in. Those in early stages may be able to prevent their conditions from worsening while those in later stages may see some improvement in their breathing with better symptom management, better nutrition, and proven breath control techniques.

As of now there is no cure for COPD but there is a lot that can be done to maintain, or even improve quality of life for patients. Patients lose lung capacity by suffering from a severe symptom escalation, commonly known as an exacerbation. Lung damage cannot be reversed once it occurs. So, the key to slowing disease progression is employing management techniques to keep symptoms in check.

With this possible interruption in care, it is more important than ever that respiratory patients develop self-management skills. According to recent data, an estimated 721,000 hospital visits per year are attributed to COPD. Exacerbations rarely come out of the blue. There are early warning signals that, when acted upon, can lessen the severity of exacerbation or in some cases prevent them all together. A large percentage of these visits can be avoided if patients were better instructed on how to recognize a potential exacerbation and knew what steps to take.

Thrive was engineered by a group of respiratory professionals including a respiratory therapist, a certified nutritionist, wellness coaches and those with a background in respiratory patient education. Patients will be guided through 8 weeks of video classes on everything from how to recognize an exacerbation and what to do about it, to how and what to eat to ease symptoms, to better breathing through proven methods, including a fun harmonica class. They will also have the option to make appointments for personal consultations with certified professionals.

As healthcare organizations are increasingly run as for-profit corporations, one-on-one time that patients get with their doctors or respiratory therapists is brief. On average is it less than 13 minutes. In addition, many patients shop online for medications for convenience and savings. Even when getting medications at a pharmacy, patients rarely speak to a pharmacist. Instead a tech, or even a regular cashier will find their prescription and send them on their way. Printed instructions are included but there is little opportunity for clarification or instruction.

The expense of a doctor or pharmacist’s time is mitigated by a healthcare corporation by having lower paid staff members service the patient as much as possible, while the doctor or pharmacist only steps in when needed. In some cases, they don’t see the patient at all during routine visits. No time is made for delving more deeply into patient concerns and, as a result, patient education has suffered greatly.

For example, inhaled medications are standard for those with COPD, chronic asthma, or other respiratory conditions. A recent study found that more than 40% of patients are using their inhalers incorrectly most likely because no one either at their doctor’s office or pharmacy has instructed them on proper usage.

Patients may see a delay in getting appointments with their respiratory therapists. As hospitals are busy dealing with coronavirus patients, those with compromised respiratory systems would be putting themselves at risk by entering these same hospitals for routine appointments or even emergency exacerbation intervention.

Thrive is a wide-ranging program and one of the only ones that also has a focus on the emotional well-being of coping with being diagnosed with a chronic illness. Without a positive mental and emotional outlook, patients are less likely to follow essential medication and fitness programs. There are also classes that are meant to be shared with family members or loved ones to help them better understand what the respiratory patient is dealing with on a day to day basis. Student’s also have access to a private support forum that is comprised of other respiratory patients. COPD is an invisible disease that often differs from day to day. As a result patients often feel stigmatized and misunderstood by their friends and family members. Having a safe place to share feelings, ask questions, share information, and emotionally support one another is vital to ongoing care.

Many respiratory patients can’t participate in pulmonary rehab because of transportation or scheduling issues but these classes can be done anytime, anywhere that has internet access via computer, tablet, or even a phone. Students have lifetime access to the video classes and digital handouts. They can go over the information as often as they need to and follow along with the fitness routines. Patients also will have access to something that is sorely lacking in the healthcare industry today, one on one, uninterrupted time with certified professionals, to ask questions and get advice.

With the burden of caring for the coronavirus patients now numbering over a million, worldwide, insurance contributions are expected to decrease while copays are expected to increase especially for respiratory procedures. Thrive is much less expensive than traditional pulmonary rehab and students can make low cost appointments with a registered respiratory therapist, certified nutritionist, and a counselor who specializes in helping those with chronic illnesses. Appointments are done via computer video or phone according to the student’s preference. As of right now appointment times are generally available within a few days vs. several weeks waiting for traditional healthcare appointments.

Lisa, Thrive’s education content director said, “I have been doing respiratory patient education for more than 8 years. I have worked with Cory, the course facilitator, to produce thousands of hours of videos, and thousands of social media and blog posts, all focused on helping respiratory patients understand how to better manage their conditions. The most frustrating thing for us was that we’d always get tons of comments from patient’s saying that they’ve had COPD for 5 years, 10 years, or longer and no one had ever told them what we laid out in a 3 minute video. We are so excited that the technology finally exists that we can put all this info in one place and that people can go at their own pace and review as they feel necessary. Our goal is to never hear of a patient losing lung capacity again simply because they did not understand how to use their medication properly, or how to recognize and manage a symptom escalation.”

The beginning classes are free and will introduce students to some of the most essential aspects of managing their respiratory conditions. As we’ve mentioned, respiratory patients need to do everything within their power to stay out of the hospital, especially for these next few months. In the first class students will be taught how to monitor their own symptoms and what to if symptoms begin to escalate. Self-monitoring should be done daily and may be nothing short of life-saving.

Breathlessness is one of the most prevalent struggles for those with diminished lung function. Learning how to clear airways and manage breathlessness will go a long way to improving the day to day lives of patients. In the second class students will follow along to learn these essential breathing techniques. These proven techniques, decrease feelings of breathlessness, increase endurance, and also calm that anxiety that so often accompanies having a breathing condition.

Many respiratory patients struggle with meal times. Those with COPD or other lung conditions have to avoid food triggers that can cause bloating. It’s not as simple as reading a list of foods to eat and avoid. Everyone has different triggers and the third class is a detailed game plan on how to identify and avoid them. Because mealtimes can be a challenge many respiratory patients struggle with low body weight making them feel weak and more susceptible to illness. By eating healthy foods that don’t trigger symptoms they are more able to maintain an appropriate body weight. Those who join the program can work with a certified nutritionist to come up with a diet that is both nutritious and safe which doesn’t aggravate their breathing problems.

Click here begin free, no obligation, instruction today at Thrive ePulmonary.

Thrive eLearning is an innovative program that empower patients to take control of their chronic health issues through education, peer support, and something that is sorely lacking in health care today, one-on-one time with healthcare professionals.

Thrive is an all encompassing masterclass whose goals are to improve the day to day lives of patients, teach them methods to slow disease progression, and to improve health outcomes over all.

Thrive is a great care equalizer. Classes are composed by healthcare professionals and certified providers. Patients living in rural or lower income areas often have little or no access to specialized care. Students can attend instruction sessions anytime, anywhere that internet is available via computer, tablet, or phone. One on one counseling sessions are also conducted via video conferencing or phone, according to the student’s preferences. Appointments are often available with a matter of days and at a much lower cost than a traditional healthcare appointment.