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SAN DIEGO, CA, March 11, 2019 (NewMediaWire) -- RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced it has agreed to acquire the business and assets of C Enterprises, a privately owned manufacturer of quality connectivity solutions to telecommunications and data communications distributors. Based in Vista, California, C Enterprises had unaudited revenues of approximately $8.7 million for the twelve-month period ended December 31, 2018. The closing of the acquisition is scheduled to occur on or about March 15, 2019.Robert Dawson, President and CEO of RF Industries, commented, “We are excited to announce the pending acquisition of the operations of C Enterprises. This purchase is in line with our previously announced strategy for growth both organically and through acquisition. We welcome the talented group of C Enterprises employees to our team, and look forward to working with the company’s amazing set of loyal customers. C Enterprises has a similar go-to-market strategy to ours and will provide us with solid manufacturing capabilities that will strengthen our overall offer in the market. Their strong fiber optic and copper product offering is scalable and complementary to our business and their West Coast manufacturing capabilities will give us a larger footprint for fiber optic production to more easily service our existing customers. In addition, we expect to leverage their capabilities to enhance our small cell product offering to the wireless carrier market which will provide opportunities for revenue growth. The total cash outlay related to the purchase of C Enterprises’ business and assets is currently not expected to have a material impact on our liquidity and capital resources and we expect the acquisition to be accretive to our earnings in fiscal 2019.” About C EnterprisesFounded in 1984, C Enterprises is dedicated to manufacturing and delivering reliable, quality connectivity solutions and to providing the best customer service and absolute highest quality, most reliable cable assemblies in the world. The Company’s world-class U.S. manufacturing facility provides solutions to meet virtually any custom fiber optic and copper cable needs, and has a solid track record for producing high volumes of cable assemblies with the fastest lead times in the industry. C Enterprises has been offering next day service for over 30 years. The Company is an ISO Certified, Corning Cables System CAH Connections Gold Program member, a limited group of companies in the United States permitted to manufacture fiber optic cable assemblies backed by Corning's extended warranty.About RF IndustriesRF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets including wireless/wireline telecom, data communications and industrial. The Company's products include RF connectors, coaxial cables, wire harnesses, fiber optic cablesand custom cabling. The Company is headquartered in San Diego, California with operations in New York and Connecticut. Please visit the RF Industries website at www.rfindustries.com.Contacts: RF Industries Mark Turfler SVP/CFO (858) 549‑6340 rfi@rfindustries.com MKR Group Inc. Todd Kehrli Analyst/Investor Contact (323) 468-2300 rfil@mkr-group.com
WATERBURY, CT, March 11, 2019 (NewMediaWire) – Marathon Group Corp. (OTC: PDPR) (the “Company” or “Marathon”) wholly owned subsidiary, MarathonRx, has signed their 1st order and expands product line to include previously mentioned 1,500mg Nano-Pure Ultra CBD Drops along with new products Tasty Drops 4 Pets and Muscle & Joint Salve.MarathonRx reviewed many companies to secure top quality products for their clients. Pure Health Product LLC, owned by Canbiola, Inc. (OTCQB: CANB), was chosen because they maintain a high level of quality throughout the manufacturing process, use organic ingredients wherever possible and/or naturally derived ingredients otherwise. Their manufacturing center is an all in one development laboratory and a fully integrated production facility whereby all formulations, processes, and materials are vertically integrated in the production process. To insure 100% quality control and product purity, once our raw materials have been received and individually tested for quality and purity all facets of our proprietary production processes are controlled in-house. US Hemp industry just received a massive boost as sweeping change is enacted thanks to the passage and signing of the 2018 Farm Bill by President Trump. As a result, it is now legal to cultivate Hemp in the USA. This has opened the doors to a significant boost in CBD store fronts, both brick and mortar, as well as online. The CBD market is expected to reach over $2B in the next year according to various analysts, with some looking at a 10 fold increase by 2022 (the Brightfield Group).1,500mg Nano-Pure Ultra CBD Drops: Made with pure hemp extract, Organic coconut oil and medium-chain-triglyceride (MCT)’s for maximum absorption and fast acting relief for a wide variety of health issues. MarathonRx nano cannabinoid delivery system delivers over 450% more CBD action per milligram than using hemp by itself. Why? This is due to the extremely small particle size in MarathonRx nano-drops and sprays combined with superior formulation of pure hemp extract and all-natural ingredients.Tasty Drops 4 Pets is a special blend of hemp oil for dogs. This hemp oil food supplement was established to support and promote overall wellness of your pet. Each bottle of our hemp for dogs contains a 250mg high-concentrate hemp oil. The drops are easily and accurately dispensed using the squeezable dropper top.Muscle & Joint Salve gets to the pain like no other salve on the market! Packed with nourishing omega-3 enriched oil, non-alcoholic witch hazel for toning benefits, aloe for soothing, pure Cannabidiol extract (CBD) to restore and protect damaged areas, and L-Carnitine, which is a naturally occurring amino acid that significantly increases the hydration level when applied topically. Lightly preserved with leuconostoc - which is commonly called Leucidal or radish root ferment, this preservative is EcoCert approved for certified organic formulas.Mr. MacDonald Tudeme, CEO of Marathon, commented: “We are very pleased with the speed at which we've secured product and new client orders for MarathonRx. Sourcing of our products is very important and is why we chose Pure Health Product LLC (owned by Canbiola, Inc OTCQB: CANB) as our partner.”You can stay up to date with our progress by visiting our website http://www.marathonrx.com and subscribing to our newsletter.About CanbiolaCanbiola, Inc. (OTCQB: CANB) is a developer, manufacturer and seller of a variety of Cannabidiol (Hemp) based products such as oils, creams, moisturizers, chews, vapes, isolate, gel caps, concentrate and water. Canbiola has developed its own line of proprietary products as well as seeking synergistic value through acquisitions in the CBD and the medical cannabis industry. Cannabis is currently federally illegal and has legalized for medical purposes in some form in a limited number of states, but pure CBD products are legal in all 50 states. For more information about Canbiola, Inc., please visit: https://canbiola.comAbout MarathonRx, Inc.MarathonRx is a wholly owned subsidiary of Marathon Group ...
New York, NY - (NewMediaWire) - March 11, 2019 - AppSoft Technologies, Inc. (OTCQB: ASFT), a developer of innovative games/mobile apps as well as Esports/E-gaming platforms, announced today that it is developing games for Android and iOS mobile devices as well as a new E-Sports platform.AppSoft Technologies is currently in the early stages of development on a new title in the Battle Royale genre that is planned to have cross-compatibility between PC and Mobile devices.AppSoft Technologies' goal is to create a sizable presence in the gaming community and they are also in the early stages of developing an E-Sports tournament platform.AppSoft CEO Brian Kupchik stated, “E-Sports are growing faster than ever with millions of gamers, millions of viewers, and millions of dollars in prizes. From what once seemed like a small, niche market, the E-Sports industry is now among the fastest growing in the world.“The problem is, while the caliber of physical tournament events has skyrocketed, online tournaments simply haven't. That’s why we’re developing Guuf.”Guuf (pronounced "Goof") is a venture-backed eSports tournament platform for competitive gamers across the world. It is a place for gamers to compete online. We started off by reimagining online tournaments and set out to make the best eSports platform in the world.What we came up with is spectacular. Guuf will offer the great prizes and outstanding customer support.According to the latest Newzoo Global Games Market Report, the global gaming market will reach $108.9 billion in 2017, with mobile taking 42%.In 2020, mobile gaming will represent just more than half of the total games market. AppSoft hopes to capitalize on these trends with their expanding portfolio of innovative mobile games.Please visit ceolive.tv/AppSoft to view the recent news segment about the E-Sports market and AppSoft Technologies.About AppSoft Technologies, Inc.AppSoft Technologies, Inc. (OTCQB: ASFT) develops, publishes and markets mobile software applications for smartphones and tablet devices ("Apps"). The Company currently owns a portfolio comprising over 400 Apps titles including games designed to appeal to a broad cross section of consumers and legal-related Apps that provide compilations of federal and state laws and regulations across a variety of legal disciplines and digests of court decisions rendered by federal courts. Consumers download their Apps through direct-to-consumer digital storefronts, such as the Apple App Store and Google Play Store.For more information, visit AppSoft’s website:www.appsofttechnologies.comSafe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.Contact: CEO, Brian Kupchik bkupchik@appsofttechnologies.com
Widens the Availability of its CBD ProductsHicksville, NY - (NewMediaWire) - March 11, 2019 - Canbiola, Inc. (OTCQB: CANB) (“Canbiola” or the “Company”), a developer, manufacturer and seller of a variety of Cannabidiol (Hemp) based products such as oils, creams, moisturizers, chews, isolate, gel caps, and concentrate, announced today that it is now registered and active in the U.S. government GSA’s System for Award Management (SAM) and Department of Defense (DOD).The System for Award Management (SAM) is an official website of the U.S. government. There is no cost to use SAM. GSA’s Office of Government-wide Policy is consolidating federal procurement and award systems into 1 new system—the System for Award Management (SAM). SAM is streamlining processes, improving data quality by eliminating the need to enter the same data multiple times, and consolidating hosting to save taxpayer money.The registration number for Canbiola, Inc. is 789110553 / 5C7D3 and is now active in the U.S. federal government's System for Award Management (SAM/DOD).For additional information, please visit:https://www.sam.gov/SAM/https://www.acq.osd.mil/dpap/pdi/eb/system_for_award_management.htmlCanbiola Chief Executive Officer Marco Alfonsi, commented, “Attaining SAM and DOD registration is quite an accomplishment and something our team at Canbiola had been working on for some time. We are proud to now be active in the system, which enables our products to be more widely available to those who seek CBD solutions. We look forward to being an active participant in the U.S. government program.”About Canbiola, Inc.Canbiola, Inc. (OTCQB: CANB) is a developer, manufacturer and seller of a variety of Cannabidiol (Hemp) based products such as oils, creams, moisturizers, chews,, isolate, gel caps, and concentrates. Canbiola has developed its own line of proprietary products as well as seeking synergistic value through acquisitions in the CBD and the medical cannabis industry. Cannabis is currently federally illegal and has legalized for medical purposes in some form in a limited number of states, but pure CBD products are legal in all 50 states. Hemp CBD is the non-psychoactive component (No THC) used for treatment of pain, inflammation, and wellness programs. For more information about Canbiola, Inc., please visit: https://canbiola.com.Additionally, Canbiola’s wholly owned subsidiary Pure Health Products, based in Lacey, WA, is its prime development laboratory and production facility. Canbiola’s Duramed division has recently rolled out a durable medical device via its Doctor network to treat patients with injuries via application of an in-home ultrasound sustained acoustic device for pain and inflammation reduction.Forward-Looking StatementsForward-looking statements and risks and uncertainties discussed in this letter contain forward-looking statements. The words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein should not be construed in any way, shape or manner of our future financial condition or stock price.Follow Canbiola on: Twitter @CanbiolaHealthInstagram @canbiola.inc or @canbiola_cbd or @canbiola_medical_cbdFollow us on Twitter and FacebookInvestors and Media: IR@canbiola.com (516) 595-9544 Hayden IR hart@haydenir.com (917) 658-7878
Shares of eHealth (EHTH) is expected to continue the bull run backed by solid fundamentals and initiatives to ramp up growth.
