Trilogy International Partners Inc. Announces Filing of Preliminary Prospectus Supplement

BELLEVUE, Wash., Sept. 22, 2017 (GLOBE NEWSWIRE) — Trilogy International Partners Inc., (“TIP Inc.” or the “Company”), (TSX:TRL), an international wireless, fixed, and broadband telecommunications operator, today announced that it has filed a preliminary prospectus supplement dated September 22, 2017 (the “Supplement”) to its short form base shelf prospectus dated August 2, 2017, in connection with a secondary offering (the “Offering”) of its common shares (the “Offered Shares”) by certain selling shareholders (the “Selling Shareholders”), including those who have elected to redeem their class C units (“Class C Units”) of Trilogy International Partners LLC (“TIP LLC”). The Supplement has been filed with the securities regulatory authorities in each of the provinces and territories of Canada except Quebec. The Supplement has also been filed with the U.S. Securities and Exchange Commission (“SEC”) as part of a registration statement on Form F-10 in accordance with the Multijurisdictional Disclosure System established between Canada and the United States.

The Offering will be conducted through a syndicate of underwriters led by Scotia Capital Inc. and TD Securities Inc. The Company will not receive any of the proceeds of the sale of the Offered Shares by the Selling Shareholders.

The Offering will be priced in the context of the market with the final terms of the Offering to be determined at the time of pricing. There can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. Closing of the Offering will be subject to customary closing conditions, including listing of the common shares on the TSX.

The Company has received redemption notices from holders, representing an aggregate of 7,115,790 Class C Units redeemable for an equal number of Offered Shares, who have expressed an interest in selling their shares under the Offering. Certain holders of TIP Inc. common shares comprised of former minority shareholders of the New Zealand subsidiary of TIP LLC, Two Degrees Mobile Limited, have also expressed an interest in selling certain of their TIP Inc. common shares under the Offering. Based on the current indications of interest, the Offering is expected to be in the range of 8,000,000 Offered Shares.

Bradley Horwitz, a director of the Company, has expressed an interest in purchasing Offered Shares under the Offering. Other directors and insiders of the Company may purchase Offered Shares in the Offering as well.

It is expected that, in addition to the Supplement, the Company will, promptly following closing of the Offered Shares, also file a prospectus supplement in Canada and the United States for the purpose of satisfying resale registration rights in respect of the common shares of TIP Inc. issued or issuable upon redemption of those Class C Units for which the holders thereof have elected to not include in the Offering.

This news 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 province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction.

About Trilogy International Partners Inc.

Trilogy International Partners Inc. (TSX:TRL) is the parent company of Trilogy International Partners LLC, a wireless telecommunications operator formed in 2005.

Trilogy currently provides wireless telecommunications services through its operating subsidiaries in New Zealand and Bolivia. Its head office is located at 155 108th Avenue NE, Suite 400, Bellevue, Washington, 98004 USA.

For more information, visit www.trilogy-international.com.

About Forward-Looking Information

Forward-looking information and statements

This News Release contains “forward-looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words “anticipates,” “believes,” “may,” “continues,” “estimates,” “expects,” and “will” and words of similar import, constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information may include, but is not limited to, statements regarding the size, pricing and closing of the Offering, the intention of redeeming Trilogy Class C Unit holders, the sale of shares under the Offering by holders of TIP Inc. shares, expectations as to the number of Offered Shares to be sold under the Offering, potential purchases of shares under the Offering by certain insiders and the intention to file another prospectus supplement in Canada and the United States following pricing of the Offering. Wherever possible, words such as “plans”, “expects”, “projects”, “assumes”, “budget”, “strategy”, “scheduled”, “estimates”, “forecasts”, “anticipates”, “believes”, “intends”, “targets” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information, including, without limitation, risks identified in TIP Inc.’s Annual Information Form dated March 27, 2017 filed on SEDAR at www.sedar.com and in the United States on Form 40-F through EDGAR at the SEC’s website at www.sec.gov. Forward-looking information is based on the expectations and opinions of TIP Inc.’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information.

Contact

Ann Saxton
425-458-5900
Ann.Saxton@trilogy-international.com
Vice President, Investor Relations & Corporate Development

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Ensemble Connector Wins 2017 Telecoms World Award

Innovation Award Recognizes Software-Based Virtualization Platform Utilized in Verizon’s uCPE Service

Dubai, UAE. September 22, 2017. ADVA Optical Networking today announced that its Ensemble Connector has won the 2017 Telecoms World Award for vendor innovation. Ensemble Connector, the high-performance software hosting platform for virtual network functions (VNFs), was recognized at the winners’ ceremony in Dubai for its openness and simplicity. By employing the Ensemble Connector, communication service providers (CSPs) are able to avoid vendor lock-in and deploy best-in-class software for VNFs. The solution provides operational simplicity and streamlines deployment. ADVA Optical Networking’s NFV technology has already been successfully deployed in a number of CSP networks, including Verizon’s new universal customer premises equipment (uCPE) offering.

“We’re delighted that our Ensemble Connector won the Telecoms World Award for vendor innovation. This accolade validates the hard work of everyone in our virtualization team. It confirms that our NFV strategy of delivering flexibility, efficiency and agility to CSPs is resonating with the industry,” said Prayson Pate, CTO, Ensemble Division, ADVA Optical Networking. “What makes us stand out is that we offer CSPs the opportunity to leverage virtualization, automation and orchestration as tools to create, activate and assure dynamic new services. As we continue to innovate with cloud-native networking solutions, it’s exciting to see that a panel of independent analysts recognizes the powerful network transformation that comes with deploying our NFV technology.”

Ensemble Connector enables CSPs to use VNFs from a variety of suppliers and thereby offers CSPs unrivalled choice – choice of hardware, software and deployment location. It delivers operational simplicity and streamlines deployment through a set of embedded management and automation tools. CSPs can unleash new service innovation instantly, explore experimental service offerings and create try-before-you-buy programs for new dynamic services. Using NFV orchestration, operators can provision multi-tenancy VNFs for maximum utilization and optimized cost efficiency on an Ensemble Connector-enabled server already residing on the carrier’s network.

“I’m very proud that our Ensemble Connector is continuing to win so much industry acclaim. The demand to move from hardware-based services to software-based, cloud-native solutions is growing by the day and is only going to accelerate,” said Stephan Rettenberger, SVP, marketing and investor relations, ADVA Optical Networking. “Ensemble Connector is an important enabling technology for CSPs to provide their customers with a simple, rapid installation experience and enables them to securely deploy multiple software-based services on a single uCPE installation. With operators like Verizon, Masergy and DartPoints already utilizing our Ensemble products to provide agile, cost-efficient services, we’re showing the world that our technology delivers the promise of NFV today.”

Watch this video for more information on Ensemble Connector: https://youtu.be/pCmZV7mxDRc.

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About ADVA Optical Networking
ADVA Optical Networking is a company founded on innovation and driven to help our customers succeed. For over two decades, our technology has empowered networks across the globe. We’re continually developing breakthrough hardware and software that leads the networking industry and creates new business opportunities. It’s these open connectivity solutions that enable our customers to deliver the cloud and mobile services that are vital to today’s society and for imagining new tomorrows. Together, we’re building a truly connected and sustainable future. For more information on how we can help you, please visit us at: www.advaoptical.com.

Published By:
ADVA Optical Networking SE, Munich, Germany
www.advaoptical.com

For Press:
Gareth Spence
t +44 1904 699 358
public-relations(at)advaoptical.com

For Investors:
Stephan Rettenberger
t +49 89 890 665 854
investor-relations(at)advaoptical.com

Radware Reports Results of Annual General Meeting

TEL AVIV, Israel, Sept. 22, 2017 (GLOBE NEWSWIRE) — Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions, today announced the results of its Annual General Meeting of Shareholders held on September 19, 2017. The Company presented four proposals for the shareholders vote at the meeting:

  • Reelection of the Company’s class III director – Approved
  • Authorizing Mr. Yehuda Zisapel to act as Chairman of the Board of Directors for a period of three years – Approved.
  • Reappointment of the Company’s auditors – Approved.
  • Grant stock options to the President & CEO which – this proposal was not approved by the requisite majority of the shareholders.

About Radware

Radware® (NASDAQ:RDWR), is a global leader of application delivery and cyber security solutions for virtual, cloud and software defined data centers. Its award-winning solutions portfolio delivers service level assurance for business-critical applications, while maximizing IT efficiency. Radware’s solutions empower more than 10,000 enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity and achieve maximum productivity while keeping costs down. For more information, please visit www.radware.com.

Radware encourages you to join our community and follow us on: FacebookGoogle+LinkedInRadware BlogSlideShare, TwitterYouTubeRadware Connect app for iPhone® and our security center DDoSWarriors.com that provides a comprehensive analysis on DDoS attack tools, trends and threats.

©2017 Radware Ltd. All rights reserved. Radware and all other Radware product and service names are registered trademarks or trademarks of Radware in the U.S. and other countries. All other trademarks and names are property of their respective owners. The Radware products and solutions mentioned in this press release are protected by trademarks, patents and pending patent applications. For more details please see: https://www.radware.com/LegalNotice/

Safe Harbor Statement

This press release may contain statements concerning Radware’s future prospects that are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by, or that otherwise include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, and similar expressions or future or conditional verbs such as “will”, “should”, “would”, “may” and “could” are generally forward-looking in nature and not historical facts. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions and volatility of the market for our products; changes in the competitive landscape; inability to realize our investment objectives; timely availability and customer acceptance of our new and existing products; risks and uncertainties relating to acquisitions, including costs and difficulties related to integration of acquired businesses; the impact of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; Competition in the market for Application Delivery and Network Security solutions and our industry in general is intense; and other factors and risks on which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, reference is made to Radware’s most recent Annual Report on Form 20-F which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

CONTACTS
Investor Relations:
Anat Earon-Heilborn
+972 723917548
ir@radware.com 

Corporate Media Relations:
Deborah Szajngarten
(201) 785-3206 
deborah.szajngarten@radware.com

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