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Press Release: Calian Announces Its Intention to Make a Normal Course Issuer Bid

(All amounts in this release are in Canadian Dollars)

KANATA, Ontario, Nov. 21, 2017 (GLOBE NEWSWIRE) -- Calian Group Ltd. (TSX:CGY) today announced its intention to make a normal course issuer bid through the facilities of the Toronto Stock Exchange (TSX).  Repurchases will not exceed 651,911 common shares, representing 10% of Calian’s public float of common shares, as of November 17, 2017.  The number of common shares of Calian outstanding as of November 17, 2017 was 7,655,713 and the number of shares in Calian’s public float as of November 17, 2017 was 6,519,115.  The issuer bid will commence on November 23, 2017 and will not extend beyond November 22, 2018.

All purchases of common shares under the normal course issuer bid will be made on the open market through the facilities of the TSX at market prices in accordance with TSX rules. The common shares so purchased will be cancelled. Other than block purchase exceptions, daily purchases will be limited to 25% of the average daily trading volume ("ADTV"). The ADTV is 4,838 and the daily limit is 1,209 common shares.

The Company also established an automatic plan under which its broker, Desjardins Securities Inc., may purchase common shares of Calian pursuant to the normal course issuer bid (NCIB). The plan defines a prearranged set of criteria in accordance with which its broker may make share purchases. The plan will enable the purchase of Calian’s common shares at any time, including when Calian would not ordinarily be active in the market because of internal trading blackout periods, insider trading rules or otherwise. The plan will terminate on the earliest of: the date on which the purchase limits specified in the plan have been attained, the date on which the normal course issuer bid terminates or the date on which the plan is terminated by a party in accordance with its terms.

Calian believes the purchase of its common shares constitute an appropriate use of its general funds in order to increase shareholder value.  The current strong cash position of Calian allows Calian to implement the repurchase plan without adversely impacting Calian’s operations.  In the past 12 months, Calian did not repurchase any common shares through its prior normal course issuer bid, which allowed the repurchase of up to 633,733 common...

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Press Release: Match-Trade Technologies Announces Partnership with UCG in Myanmar

Irvine, CA, Nov. 21, 2017 (GLOBE NEWSWIRE) -- Match-Trade Technologies LLC, ("Match-Trade"), headquartered in Irvine, California, a fully integrated forex technology company, is pleased to announce a new partnership agreement with United Capital Group Ltd. (UCG) for the territory of Myanmar and some special project for the niche market in Asia-pacific region.

UCG will provide customer support, assistance in onboarding new clients and manage trading venue technology for growing Match-Trade clients base in Myanmar. UCG will act as an official representative of Match-Trade in providing technology systems and it will handle all matters related to KYC due diligence, regulation & Anti-money Laundering compliance in Myanmar.

Match-Trade offers one of the fastest and the most robust matching engine technology created for all types of Forex market participants who are interested in creating a fair, fully anonymous and independent venue, which is not skewed in favor of Liquidity Providers (LPs).

Match-Trade has developed a diverse Cryptocurrency solution for FX brokers and crypto exchanges, which on the popularity and general acceptance of Bitcoin has become one of the most sought-after solutions in Company's portfolio.

Key products of Cryptocurrency offer:

  • Aggregated feed for 15 Cryptocurrencies (FIX/MT4/MT5)
  • B-Book execution with market depth
  • Access to cryptocurrency liquidity via ECN platform
  • Crypto Payment Gateway integrated with Client Office
  • Cryptocurrency exchange platform

About Match-Trade Technologies

Match-Trade Technologies LLC, ("Match-Trade"), headquartered in Irvine, California is a fully integrated forex and cryptocurrency technology provider that delivers turnkey matching engine solutions to all forex market participants looking to access the retail and institutional spot forex markets. Match-Trade has combined state of the art software components of matching engine technology that enables forex providers (Brokers, Prime Brokers, and other LPs) to participate in the new generation of transparent, distributed and independent ECN forex market.

CONTACT: Match-Trade Technologies LLC
Phone: +1 949 407 7046
Skype: match-trade
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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Press Release: Novea Inc.'s Captive Insurance Subsidiary Jacana Insurance Engages Madison RE I.I. to Provide Reinsurance for Jacana Warranty Offerings

CHEYENNE, Wyo., Nov. 20, 2017 (GLOBE NEWSWIRE) -- Novea Inc, the developer of the Jacana Warranty app, is pleased to announce that Madison RE I.I. has been chosen to provide reinsurance for its wholly owned subsidiary, Jacana Insurance.

Jermaine McDonald, SVP of Risk Management for Novea, Inc. stated, "Having Jacana Insurance established as a wholly owned captive specialty insurance provider is an important aspect of Novea Inc.'s extended warranty business model.  The choice of Madison RE I.I. provides Jacana Insurance with structure and the necessary backstop required to build out the Jacana Warranty business."

About Madison RE I.I.

International Insurer Madison RE I.I. was formed in 2015 to provide a first of its kind reinsurance program for clients of Captive Alternatives, the insurance consultancy that pioneered the Protected Captive™ business model and all insureds of its direct writer Madison National Insurance Company. www.madisonreii.com

About Novea Inc.

Novea Inc. is a financial services software company which has developed the Jacana Warranty app (

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Press Release: FormFactor, Inc. To Participate in the Sixth Annual NYC Investor Summit 2017

LIVERMORE, Calif., Nov. 20, 2017 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq:FORM) today announced that the Company’s management is scheduled to participate in the 6th Annual NYC Investor Summit 2017, being held December 6, 2017 at the Le Parker Méridien Hotel, New York, NY.

The presentation material utilized during the conference will be made accessible on the investor page of Company’s website at www.formfactor.com.

About the NYC Summit
The NYC Summit is hosted by executive management from participating companies and will feature a “round-robin” format consisting of small group meetings, each 30 minutes in duration. During the event, investors and analysts will have the opportunity to meet with up to 10 of the 14 management teams during the 30-minute group meeting sessions, as well as opportunities to meet with additional management teams during the breakfast and lunch networking sessions.

The 14 management teams collectively hosting the 2017 NYC Summit include: Aehr Test (AEHR), Axcelis (ACLS), BE Semiconductor Industries (BESI.AS), Brooks (BRKS), Camtek (CAMT), Cohu (COHU), Electro Scientific (ESIO), FormFactor (FORM), Ichor Systems (ICHR), Intermolecular (IMI), inTEST (INTT), Intevac (IVAC), Kulicke & Soffa (KLIC), Nanometrics (NANO), and Rudolph Technologies (RTEC). Sponsoring the networking luncheon is Cowen & Co.

The NYC Investor Summit is by invitation only and is open to accredited investors and publishing research analysts.  As space is limited, please RSVP early.  Hosts reserve the right to limit attendance as necessary.  Last day for registration is November 27, 2017.

RSVP Contacts for 6th Annual NYC Summit 2017
To RSVP for the NYC Summit, please contact either of the Summit’s co-chairs.

   
Laura J. Guerrant-Oiye   Claire E...

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