Daily Archives: August 13, 2019

Sundance Energy Australia Limited Schedules Second Quarter 2019 Earnings Conference Call

DENVER, Aug. 13, 2019 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, announced that it will host a conference call to review second quarter 2019 results.

Date:  Australia: Friday 16 August 2019 – United States: Thursday 15 August 2019

Time:  Australia: 8:00 AM AEST – United States: 4:00 PM MDT

Australian participants Toll Free dial-in: 1 80 0005 989
Australian (Sydney) Local dial-in: 2 82 239 773

Hong Kong participants Toll Free dial-in: 800 966 253
Hong Kong Local dial-in: 5819 4851

Singapore participants Toll Free dial-in: 800 852 6412
Singapore Local dial-in: 3165 4607

USA Participants Toll Free dial-in:  (844) 831-3022

Passcode for participants dialing in:  3927469

Webcast Link: https://edge.media-server.com/mmc/p/xpnkgbv2

All participants will be asked for their full name and company when joining the conference call.

For more information, please contact:

United States:
John Roberts Eric McCrady
VP Finance & Investor Relations
Tel: +1 (720) 638-2400
CEO and Managing Director
Tel: +1 (303) 543-5703
Australia:
Mike Hannell
Chairman
Tel: + 61 8 8274 2128 or
+ 61 418 834 957

Sundance Energy Australia Limited (“Sundance” or the “Company”) is an Australian-based, independent energy exploration company, with a wholly owned US subsidiary, Sundance Energy Inc., located in Denver, Colorado, USA. The Company is focused on the acquisition and development of large, repeatable oil and natural gas resource plays in North America. Current activities are focused in the Eagle Ford.  A comprehensive overview of the Company can be found on Sundance’s website at www.sundanceenergy.net

About Sundance Energy Australia Limited

Summary Information

The following disclaimer applies to this document and any information contained in it. The information in this release is of general background and does not purport to be complete. It should be read in conjunction with Sundance’s periodic and continuous disclosure announcements lodged with ASX Limited that are available at www.asx.com.au and Sundance’s filings with the Securities and Exchange Commission available at www.sec.gov.  Certain totals or other calculations presented herein may not add precisely due to differences in rounding.

Forward Looking Statements

This release may contain forward-looking statements. These statements relate to the Company’s expectations, beliefs, intentions or strategies regarding the future. These statements can be identified by the use of words like “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and similar words or expressions containing same.

These forward-looking statements reflect the Company’s views and assumptions with respect to future events as of the date of this release and are subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future results and trends could differ materially from those set forth in such statements due to various factors, many of which are beyond our ability to control or predict. These include, but are not limited to, risks or uncertainties associated with the discovery and development of oil and natural gas reserves, cash flows and liquidity, business and financial strategy, budget, projections and operating results, oil and natural gas prices, amount, nature and timing of capital expenditures, including future development costs, availability and terms of capital and general economic and business conditions. Given these uncertainties, no one should place undue reliance on any forward looking statements attributable to Sundance, or any of its affiliates or persons acting on its behalf.  Although every effort has been made to ensure this release sets forth a fair and accurate view, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CALCUSO Handles Back-to-School Peak Ecommerce Order Volumes with Descartes pixi WMS™

MUNICH, Germany, Aug. 13, 2019 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Calcuso.com, the largest ecommerce distributor of educational and office supplies in Germany, is using the Descartes pixi Warehouse Management System™ (WMS) to seamlessly handle high back-to-school order volumes across Europe.

“We have partnerships with more than 10,000 schools, and our warehouse ships a broad range of SKUs and packages daily during the back-to-school season,” said Alexander Giersz, CEO and co-founder at CALCUSO. “The Descartes solution easily scales to support peak volume demands and is instrumental in helping us meet our tight 24-hour fulfillment windows while maintaining 99% positive customer feedback.”

“As we are evaluating the possibility of expanding operations in North America, the solution can play an important role in helping us achieve equally high standards of customer service,” added Kilian Kallee, CEO and co-founder.

Using the Descartes pixi WMS, ecommerce merchants, such as CALCUSO, can automate warehouse management and fulfillment processes from order receipt to shipment processing and returns management. As CALCUSO consumers place orders online, the Descartes solution communicates seamlessly with the company’s existing ecommerce platform, customer relationship management (CRM) platform, carrier platforms and external sales channels to help CALCUSO control its entire supply chain with minimal manual intervention. By streamlining fulfillment, reducing processing and shipping errors, the system helps companies handle large seasonal shipping peaks with minimal additional labor.

“We’re pleased that our solution is helping CALCUSO target exceptional customer service standards despite extreme peaks in demand, a complex ecommerce supply chain and international expansion,” said Dirk Haschke, VP, Sales DACH & Ecommerce Operations at Descartes. “Descartes has proven capabilities in delivering some of the industry’s most advanced B2B connectivity, customs, ecommerce fulfillment, shipping, and home delivery solutions for growing ecommerce enterprises.”

About CALCUSO GmbH
CALCUSO GmbH is the largest Ecommerce distributor of educational and office supplies in Germany. CALCUSO has partnered with more than 10,000 schools across Europe to provide students with the required teaching materials, as designated by the schools, for the back-to-school season. With a team of 30 employees headquartered in Langenfeld (Rheinland) near Cologne, Germany, CALCUSO serves more than 500,000 satisfied customers. For more information, visit www.calcuso.com.

About Descartes Systems Group
Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Mavi Silveira
Tel: +1(800) 419-8495 ext. 202416
msilveira@descartes.com

Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offering and potential benefits derived therefrom including any potential customer service improvements that might be achieved; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

UNITED SIKHS ASSIST ELDER BRUTALLY BEATEN IN SUSPECTED HATE CRIME

United Nations-Affiliated Nonprofit Calls For Federal Intervention in Elder Abuse Investigation

WASHINGTON D.C., Aug. 13, 2019 (GLOBE NEWSWIRE) –The UNITED SIKHS legal team is working with the family of an elderly Sikh man after receiving a report today that he encountered several brutal attackers inside his own home during a suspected hate crime. According to details provided by the family, who wish to stay anonymous during this hardship, the home is now a bloody crime scene in the Washington D.C. area. The elderly citizen, known as “Mr. Singh,” suffered a fractured cheek bone and other bodily injuries requiring emergency surgery.

Immediately following the report, UNITED SIKHS notified local authorities and the Federal Bureau of Investigation (FBI). The family is working with police to identify the perpetrators, who remain on the loose.

“No family should have to go through this under any circumstances,” Mr. Singh’s daughter said. “These are monsters that prey on elderly people and are desperate.”

“We will ensure justice is served,” said UNITED SIKHS Trustee Sarndeep Singh, who visited Mr. Singh and his family at the hospital. “Our elders are the pillars of our community — it is unthinkable that Mr. Singh would suffer such atrocities at the hands of cruel attackers. We are praying for a speedy recovery and security for the family during this difficult time.”

Since Oct. 2018, Mr. Singh and his family have received threats from the Walden Palms Home Owners Association to sell 22 units from their real estate portfolio in Orlando, Florida. According to the family, threats included notes, phone calls and in-person conversations with association members who repeatedly stated: “You better sell, or else” and “Watch your back.” It is unclear whether the brutal beating is tied to the threats at this time, however UNITED SIKHS legal advocates are imploring authorities to explore all possible connections.

This incident comes within weeks of an attack on a Sikh priest at his home in Modesto, California. On July 25, an intruder at the Sikh Temple Modesto Ceres broke windows at 9:30 p.m. at Amarjit Singh’s home on temple grounds, punched the priest, shouted obscenities and told him to go back to his own country before fleeing, as reported in The Modesto Bee. The assailant remains at-large.

UNITED SIKHS will continue to make public updates on the situation as developments unfold. Anyone with information on Mr. Singh’s attackers are urged to call the Montgomery County Police Department at (301) 279-8000. The organization encourages all community members to stand for their rights and remain vigilant, as reported attacks against minorities remain on the rise. Civil and human rights violations may reported to UNITED SIKHS via their online incident form: https://unitedsikhs.org/report-hate-bias-crime-incident/.

For more information, please follow UNITED SIKHS on FacebookTwitter and Instagram. All advocacy efforts are made possible due to the generous contributions of non-profit supporters. To donate, please visit: https://unitedsikhs.org/donate/.

ABOUT UNITED SIKHS
Associated with the United Nations Dept. of Public Information UNITED SIKHS is a global humanitarian charity that advocates for civil and human rights across 10 chapters. Our International Civil & Human Rights Advocacy helps advance the economic, social and spiritual empowerment of minorities and other marginalized groups and individuals in need, regardless of race, religion, gender, sexual orientation, social status, age or ability. We achieve this by protecting and enforcing the civil and human rights of minorities and marginalized groups in the Americas, Europe and Asia. Visit us at www.UNITEDSIKHS.org

Attachment

Megan Daly
UNITED SIKHS
(323) 514-0078
megan.daly@unitedsikhs.org

Constellation Brands Evolves Spirits Portfolio

  • Signs agreement with Heaven Hill Brands to divest Black Velvet Canadian Whisky
  • Decision aligns with wine and spirits business transformation strategy

VICTOR, N.Y., Aug. 12, 2019 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has signed an agreement with Heaven Hill Brands to divest Black Velvet Canadian Whisky and the brand’s associated production facility in Lethbridge, Alberta, Canada, along with a subset of Canadian whisky brands produced at that facility. The company expects to receive cash proceeds of approximately $266 million USD, subject to closing adjustments. This transaction is subject to regulatory approvals and is expected to close in the second half of calendar 2019.

“We are relentlessly focused on the consumer and building a portfolio of brands consumers love today, while pushing beyond to meet their evolving needs well into the future,” said Bill Newlands, Constellation Brands president and chief executive officer. “This decision aligns with our consumer-led premiumization strategy to deliver accelerated growth and shareholder value as we continue to focus our wine and spirits portfolio on higher-end, fast-growing brands. For Heaven Hill, Black Velvet is a historic, well-known, and high-volume brand that complements their broad distilled spirits portfolio and aligns with their business strategy.”

Constellation’s powerhouse portfolio of spirits brands include SVEDKA Vodka, the #1 imported vodka in the U.S.; High West Whiskey, Casa Noble Tequila, Mi CAMPO Tequila, and Nelson’s Green Brier. Constellation’s ventures capital group has made minority investments in higher-end, distinctive spirits brands such as Austin Cocktails, Bardstown Bourbon Company, El Silencio, The Real McCoy, and its most recent investment in Montanya Distillers.

The net sales for the brands included in the transaction totaled $67 million USD during Constellation’s fiscal year 2019, and the purchase price represents a multiple of gross profit after marketing in the range of eight to nine times.

About Constellation Brands
Constellation Brands (NYSE: STZ and STZ.B), a Fortune 500® company, is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. Constellation is the No. 3 beer company in the U.S. with high-end, iconic imported brands such as the Corona and Modelo brand families and Pacifico. Its high-quality, wine and spirits brands include the Robert Mondavi and The Prisoner Wine Company brand families, Kim Crawford, Ruffino, Meiomi and SVEDKA Vodka. The company’s portfolio also includes a collection of highly-rated wine brands such as SIMI and Mount Veeder Winery, spirits brands High West Whiskey and Casa Noble Tequila, as well as new wine innovations such as Cooper & Thief and Spoken Barrel.

Based in Victor, N.Y., the company believes that industry leadership involves a commitment to brand building, our trade partners, the environment, our investors and to consumers around the world who choose our products when celebrating big moments or enjoying quiet ones. Since its founding in 1945, Constellation’s ability to see, meet and stay ahead of shifting consumer preferences and trends across total beverage alcohol has fueled our success and made us the No. 1 growth contributor in beverage alcohol in the U.S.

To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

Forward-Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The word “expect” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Those statements may relate to Constellation Brands’ business strategy, future operations, prospects, plans and objectives of management, and expected cash proceeds, as well as information concerning expected actions of third parties. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, such forward-looking statements.

The forward-looking statements are based on management’s current expectations and should not be construed in any manner as a guarantee that such results will in fact occur or will occur on the timetable contemplated hereby. All forward-looking statements speak only as of the date of this news release and Constellation Brands undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The transaction with Heaven Hill Brands is subject to the satisfaction of certain closing conditions, including receipt of regulatory approvals. There can be no assurance the transaction between Constellation Brands and Heaven Hill Brands will occur or will occur on the contemplated terms or timetable.

In addition to risks and uncertainties associated with ordinary business operations, the forward-looking statements contained in this news release are subject to other risks and uncertainties, including completion of the announced transaction; the accuracy of all projections; and other factors and uncertainties disclosed from time-to-time in Constellation Brands, Inc.’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended Feb. 28, 2019 and its Quarterly Report on Form 10-Q for the fiscal quarter ended May 31, 2019, which could cause actual future performance to differ from current expectations.

A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/23288f72-b3e5-4eae-b5b1-8d2f3a02c000

MEDIA CONTACTS INVESTOR RELATIONS CONTACTS
Mike McGrew 773-251-4934 michael.mcgrew@cbrands.com Patty Yahn-Urlaub 585-678-7483 patty.yahn-urlaub@cbrands.com
Amy Martin 585-678-7141 amy.martin@cbrands.com Bob Czudak 585-678-7170 bob.czudak@cbrands.com
Alex Wagner 415-912-3788 alex.wagner@cbrands.com Tom Conaway 585-678-7503 thomas.conaway@cbrands.com

Dirty, Smelly Toilets a Reflection of Poor Civic Responsibility – Dr Mahathir

PUTRAJAYA, Tun Dr Mahathir Mohamad said today he is embarrassed by the dirty and smelly state of public toilets in the country which he added reflects the poor civic responsibility of Malaysians.

I am very embarrassed. I often inspect toilets in Malaysia to see whether they are clean. Usually, they are not.

This reflects our attitude. We should be ashamed but we think no one will know who was responsible, the prime minister said when officially launching civics education for schools, here.

In contrast, public toilets in some other countries are very clean, he said, adding that this is so because the users do not dirty them.

Why? It’s because they feel they have a responsibility and appreciate the public perception of them. As such, they will keep themselves clean and will not do anything that dirties the toilets.

It is the same with actions that pollute the environment, such as dumping refuse everywhere and scribbling on walls.

It is alright if we do a mural on walls, but scribbling only tarnishes the cleanliness of the walls alongside roads in the cities, he said.

Dr Mahathir said this was not due to the laws not being strict but because of individuals who lack self-discipline.

As is well known, Dr Mahathir is drawn to the culture of the Japanese who give priority to hygiene.

Even the children (in Japan) do not discard wrappers anywhere. They fold them neatly and throw them into refuse bins, he said.

Source: Office of the Prime Minster Malaysia

I am proud of KLIA just like in 1998 – Dr Mahathir

SEPANG, Prime Minister Tun Dr Mahathir Mohamad at the 21st-anniversary celebration of the Kuala Lumpur International Airport (KLIA) today said that he is proud of the airport, just as proud as he felt in 1998 when officiating its opening.

I was proud then because it was the realisation of a dream and a promise. I am proud today because it is a reality, he said in his speech during the ‘KLIA Turns 21 � A Precious Legacy’ celebration at KLIA here today.

During the speech, Dr Mahathir recalled his fond memories of KLIA which grew to be a state-of-the-art airport from once a palm oil estate on peat soil.

It was indeed amazing to witness the palm oil estate morphing into an airport of such beauty and ability to become an icon. It is an architectural wonder, he said.

Dr Mahathir also recorded his appreciation to the late Kisho Kurokawa, the renowned Japanese architect who was behind KLIA’s ‘Airport in the Forest, Forest in the Airport’ concept.

It wasn’t so at first, but after 21 years it is clearly an airport in the forest and a forest in the airport, he added.

During the event today, the Prime Minister viewed the original scale model of KLIA presented by Kisho Kurokawa Architect and Associates, It will be on permanent display at KLIA.

During a press conference later, Dr Mahathir was asked about his dream for KLIA and in his reply, he said he never thought of low-cost airlines in 1998 but now it was a big industry.

In future, maybe we (Malaysia) need a spaceport. Who knows. And you will be travelling three hours to London, he said, adding that there were already such programmes proposed by certain people to have this in Malaysia.

Asked on the growth within 100 square kilometres of KLIA, Dr Mahathir said there were many new proposals coming in.

Every Boeing or Airbus flying would have components made here in Malaysia. And we are extending component manufacture into other part areas not only composing materials but metal parts.

So there is great potential for growth especially for building up engines. Already we (Malaysia) are putting together the engines and finalising the work for engines which sometimes come from Singapore but we do the finishing work here, he said.

Asked on a recent news report on a proposal to interline KLIA and Kuala Lumpur International Airport 2 (klia2), Dr Mahathir said the matter was not finalised yet.

It was reported that Malaysia Airports Holdings Berhad (MAHB) may consider interlining KLIA and klia2 as interlining facilitates seamless movement of passengers and their baggage, especially when traffic builds up.

Source: Office of the Prime Minster Malaysia