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Pluribus Technologies Corp. Announces Further Amendment to Forbearance Agreement

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5 months ago

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TORONTO, June 19, 2024 /CNW/ – Pluribus Technologies Corp. (TSXV: PLRB) (“Pluribus” or the “Company”) announces a further amendment (the “Amendment”) to the previously-announced forbearance agreement (the “Forbearance Agreement”) dated January 18, 2024, between the Company and National Bank of Canada (the “Lender”), relating to a secured credit agreement dated April 27, 2022, as amended, among the Company, certain of its subsidiaries and the Lender. Under the Amendment, the Lender has agreed to extend the term of the Forbearance Agreement to July 15, 2024 to allow the Company to continue its previously announced strategic review process, which involves a review and evaluation of strategic alternatives that may be available to the Company to further enhance the Company’s growth, development and prosperity in the short and long terms, with the goal of maximizing shareholder value. Under Amendment, the Company has provided a covenant to close a certain sale transaction on or before July 15, 2024.

The Company will provide an update when further disclosure is required or otherwise appropriate.

About Pluribus Technologies Corp.

Pluribus is a technology company that is a value-based acquirer and operator of small, profitable business-to-business technology companies in a range of verticals and industries. Pluribus provides its acquisitions access to experienced sales and marketing resources, strategic partnership opportunities, a diverse portfolio of customers in different geographical markets and enabling technologies to create new revenue streams and provide the opportunity for these companies to grow in their respective markets. When market conditions are conducive to raising capital at reasonable costs, Pluribus focuses on rapidly acquiring and integrating new acquisitions to accelerate growth. When the environment does not support this, Pluribus focuses on implementing strategies to maximize organic growth and increase cashflow from operations in its existing portfolio companies. For more information, please visit: pluribustechnologies.com.

Forward-Looking Information

Certain information in this press release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking information in this press release includes, but is not limited to, statements with respect to whether the Lender will continue to forbear from exercising their rights and remedies on expiry of the Forbearance Agreement and what the terms or timing of such a transaction or such continued forbearance might be, the Company providing an update when further disclosure is required or otherwise appropriate, the business plans of the Company, including the completion of future acquisitions, the Company management’s expectation on the growth, profitability and performance of its portfolio companies, the Company’s ability to acquire business-to-business technology companies in the future, the Company’s ability to grow its portfolio companies and the Company achieving a positive transaction as a result of its strategic review process. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or negatives of these terms and similar expressions.

Forward-looking statements are based on certain assumptions, including the Company’s ability to manage a complex portfolio of companies effectively; and the Company’s ability to raise sufficient financing to continue its acquisition strategy. Other assumptions include industry trends, the availability of growth opportunities, and general business, economic, competitive, political, regulatory and social uncertainties will not prevent the Company from conducting its business. While the Company considers these assumptions to be reasonable based on information currently available, they are inherently subject to significant business, economic and competitive uncertainties and contingencies and they may prove to be incorrect. Forward-looking information speaks only to such assumptions as of the date of this release.

Readers are cautioned that the foregoing is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ from those anticipated. Forward-looking statements are not guarantees of future performance. The purpose of forward-looking information is to provide the reader with a description of management’s expectations, and such forward-looking information may not be appropriate for any other purpose. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Contact: 

Richard Adair
Chief Executive Officer
Pluribus Technologies Corp.
1 (800) 851-9383

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SOURCE Pluribus Technologies Corp.

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USGS Selects Woolpert to Provide Elevation-Derived Hydrography Across Northwest and Central Ohio

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11 minutes ago

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November 13, 2024

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The data will be used to support the 3D Hydrography Program and advance statewide flood mitigation efforts.

DAYTON, Ohio, Nov. 13, 2024 /PRNewswire-PRWeb/ — The U.S. Geological Survey has selected Woolpert to process and delineate elevation-derived hydrography (EDH) across Northwest and Central Ohio in support of the 3D Hydrography Program (3DHP).

“Engineers, natural resource managers, and other state agencies will be able to utilize this new, highly accurate data for mapping, modeling, and analyzing surface water and flow patterns.”

3DHP is the first systematic remapping of U.S. hydrography since the original USGS 1:24,000-scale topographic mapping program was active, which included the National Hydrography Dataset (NHD). Maps were produced by USGS at that scale as early as 1904, with revisions made until 2006. 3DHP uses updated, high-accuracy elevation data collected as part of the 3D Elevation Program (3DEP).

Under this task order, Woolpert will process 1,439 square miles of previously collected Quality Levels 1 and 2 lidar data to produce new, highly detailed EDH data for the designated area of interest spanning the Scioto River and Big Darby Creek. Woolpert acquired that lidar data under multiple 3DEP contracts between 2018-2021.

“The EDH team at Woolpert is excited to support our partners at the USGS on yet another 3DHP project, especially one so close to home for many of our staff in Ohio,” Woolpert Project Manager Matt Worthy said. “Building on our previous efforts in Alaska, Oregon, Tennessee, and Idaho, and through technical exchanges with other groups within Woolpert such as the 3DEP lidar team and multiple geospatial teams that leverage artificial intelligence and machine learning, this team continues to identify innovative solutions which improve the quality of the data for our clients.”

Woolpert Vice President and Program Director Brian Stevens said that the EDH data will be used to define and model Ohio’s rivers, tributaries, and floodplains, helping support and advance statewide flood mitigation efforts. The project is being funded by the Ohio State Office of Natural Resources Conservation Service.

“Engineers, natural resource managers, and other state agencies will be able to utilize this new, highly accurate data for mapping, modeling, and analyzing surface water and flow patterns,” Stevens said. “From reengineering roadways to prevent flooding and improving drainage surrounding agricultural areas and farmland, this new data and the efforts of the 3D Hydrography Program are critical to improving Ohio’s flood-risk management and planning efforts.”

The data is expected to be delivered in spring 2025. This contract is underway.

About Woolpert
Woolpert is the premier architecture, engineering, geospatial (AEG), and strategic consulting firm, with a vision to become one of the best companies in the world. We innovate within and across markets to effectively serve public, private, and government clients worldwide. Woolpert is a Global Top 100 Geospatial Company, a Top 100 ENR Global Design firm, has earned seven Great Place to Work certifications, and actively nurtures a culture of growth, inclusion, diversity, and respect. Founded in 1911 in Dayton, Ohio, Woolpert has been America’s fastest-growing AEG firm since 2015. Woolpert has over 2,700 employees and more than 60 offices on five continents. For more, visit woolpert.com.

Media Contact

Lynn Rossi, Woolpert, 312-837-2017, lynn.rossi@woolpert.com, www.woolpert.com

View original content:https://www.prweb.com/releases/usgs-selects-woolpert-to-provide-elevation-derived-hydrography-across-northwest-and-central-ohio-302304333.html

SOURCE Woolpert; Woolpert

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Stealth Streams Announces Breakthrough AI-Driven Affiliate Marketing Platform

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11 minutes ago

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November 13, 2024

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BRENTWOOD, England, Nov. 13, 2024 /PRNewswire/ — In a bold move to revolutionize affiliate marketing, industry leader Mark Ling has unveiled Stealth Streams, a cutting-edge platform powered by AI. Designed to simplify the complexities of affiliate marketing, Stealth Streams offers a streamlined solution for users seeking to build scalable online businesses.

Discover Stealth Streams’ innovative features, automation capabilities, benefits, and policies, and read testimonials from actual users by visiting the official website https://stealthstreams.com.

The Role of AI in Transforming Affiliate Marketing

The affiliate marketing sector is undergoing a significant transformation with the integration of AI technology. Platforms like Stealth Streams lead this evolution by automating time-consuming tasks such as content creation, niche research, and traffic generation.

Stealth Streams provides users with tools that simplify the traditionally complex process of affiliate marketing, enabling them to focus on strategic growth. By leveraging AI, it eliminates technical barriers, making affiliate marketing accessible even to those without prior experience.

Key Features of Stealth Streams

Stealth Streams offers a fully automated website platform, providing users with pre-built, SEO-optimized websites designed for high-converting niches. This eliminates the need for technical expertise, allowing users to start with a strong foundation. The platform’s AI-driven content creation tools streamline the process of generating professional content, from blog posts to product reviews, enabling users to maintain a consistent online presence without dedicating excessive time or resources.

The program also includes comprehensive training modules that span 8 weeks. These modules cover everything from the fundamentals of affiliate marketing to advanced strategies for scaling and optimizing revenue streams. Stealth Streams’ traffic generation system emphasizes free, organic methods, helping users attract high-quality traffic without relying on expensive paid advertising.

In addition to its tools and training, Stealth Streams provides robust community and coaching support. Users gain access to regular live sessions and a network of peers and experts who offer continuous guidance and encouragement, fostering an environment of collaborative learning and growth.

Independent Perspectives and User Feedback

Early adopters and beta testers have shared overwhelmingly positive experiences with Stealth Streams. One reviewer remarked, “Stealth Streams offers a comprehensive suite of tools that make affiliate marketing more approachable. It’s a great platform for learning and applying modern strategies.”

Another beta tester highlighted the ease of use: “The AI-driven content tools and pre-built websites save an incredible amount of time, allowing me to focus on scaling my business quickly.”

These testimonials reinforce Stealth Streams’ reputation as a valuable resource for both novice and experienced marketers.

Mark Ling: The Visionary Behind Stealth Streams

Mark Ling is a seasoned entrepreneur and a leading figure in the affiliate marketing space. His past successes include developing platforms such as Affilorama, which has helped thousands of marketers succeed.

Mark’s dedication to innovation and education is evident in Stealth Streams, which he describes as a next-generation platform designed to simplify and enhance affiliate marketing for users worldwide.

For more insights into Mark Ling’s career and contributions, visit his LinkedIn.

Conclusion

Stealth Streams is a game-changer in the affiliate marketing industry. Combining AI-powered automation with a robust educational framework provides a comprehensive solution for users aiming to build and scale profitable online businesses.

For more information about Stealth Streams, visit the official website at https://stealthstreams.com.

About STEALTH ADVERTISING LIMITED

Stealth Advertising Limited is a leading content distribution and media strategy firm based in Brentwood, Essex, United Kingdom. We help brands amplify their stories and connect with target audiences through strategic, newsworthy campaigns. Our services include press release distribution, multimedia integration, and media consulting.

Contact:
contact@stealthstreams.co.uk
The Granary 4-6 Crescent Road, Warley, Brentwood, Essex, CM14 5JR

Photo: https://mma.prnewswire.com/media/2556855/Stealth_Streams.jpg

View original content:https://www.prnewswire.co.uk/news-releases/stealth-streams-announces-breakthrough-ai-driven-affiliate-marketing-platform-302304538.html

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1-800-STRIPER® Set To Paint The Town: Budget-Friendly Paved Lot Maintenance Comes To Atlanta

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11 minutes ago

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November 13, 2024

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ATLANTA, Nov. 13, 2024 /PRNewswire/ — On September 16, the newest 1-800-STRIPER® franchise rolled out in Atlanta OTP North, bringing business and property owners an affordable way to restore commercial and industrial parking lots – as well as plenty of other paved areas.

1-800-STRIPER® was founded more than 25 years ago on the belief that businesses don’t need to spend a fortune on parking lot repairs and maintenance to make a good impression. Often, a fresh set of lines is all that’s needed.

The striping company offers customized layouts for parking lots and paved areas, ensuring ADA compliance, safety, and proper traffic flow. In addition, they provide layout and line painting for sports courts, interior markings for parking garages and factories, and temporary solutions for special events and construction sites.

The 1-800-STRIPER® concept began in 1999 when founder Luke Menear saw an unmet need in the industry. After working for a pavement maintenance company for just a few weeks, he noticed many property owners were spending large amounts of money on unnecessary maintenance when a few freshly painted lines would yield the same results. He purchased the company’s striping equipment and set out to make his vision a reality, providing quick, budget-friendly solutions for keeping parking lots safe and attractive. More than two decades and over a million lines later, the company continues to build the trust of its customers through fast, friendly service, and excellent results.

1-800-STRIPER® of Atlanta OTP North owner Ilan Kopecky is looking forward to continuing the company’s superior customer service and quality standards. “After spending 23 years in software and SaaS sales, I recognized a significant opportunity to modernize an age-old industry,” Kopecky said. “The launch of our 1-800-STRIPER® franchise in Atlanta is not just about offering top-tier striping services; it’s about applying the innovative, customer-focused principles I’ve honed over two decades in tech. In a business traditionally built on handshakes and word-of-mouth, I aim to introduce a fresh approach that emphasizes transparency, efficiency, and exceptional service. We’re excited to redefine the standards of this industry in Atlanta, and we can’t wait to show the community what’s possible!”

Area business and property owners looking for a budget-friendly option for maintaining paved areas can call 404-835-9809 or visit https://1800striper.com/location/striper-of-north-atlanta/ to set up a free estimate.

View original content:https://www.prnewswire.com/news-releases/1-800-striper-set-to-paint-the-town-budget-friendly-paved-lot-maintenance-comes-to-atlanta-302296745.html

SOURCE 1-800-STRIPER® of Atlanta OTP North

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