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Fubo Sportsbook launches statewide in New Jersey

First Mobile Sportsbook to Integrate with Live TV Streaming Platform Enters One of the Top U.S. Sports Betting Markets

 

CHICAGO — (BUSINESS WIRE) — #NewJersey—Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform FuboTV Inc. (NYSE: FUBO), today announced the launch of Fubo Sportsbook in New Jersey after successfully completing the soft play phase of the state’s Division of Gaming Enforcement regulatory process.


Starting today, sports enthusiasts 21 years of age and older across the Garden State can place a variety of wagers on thousands of live and future professional and out-of-state collegiate sporting events using the Fubo Sportsbook app on iOS and Android or on the website. The launch of Fubo’s revolutionary sportsbook, the first to integrate watching and wagering in one ecosystem, kicks off just in time for the 2022-23 football season, one of the busiest sports betting periods.

 

Fubo Gaming intends to continue iterating the app, launching additional features that will further integrate wagering into the FuboTV platform.

 

The launch reinforces FuboTV’s commitment to interactive wagering following its recent decision to place its online wagering business under strategic review. The company continues to believe that an integrated wagering platform, offering both live video and a sportsbook, will result in the best viewing and gaming experience for consumers. However, given today’s macroeconomic environment, FuboTV has concluded that it will no longer pursue this opportunity on its own and is exploring the best path forward.

 

The launch in New Jersey, via an agreement with Caesars Entertainment, Inc., further expands FuboTV’s mission to deliver personalized omniscreen experiences that turn passive viewers into active participants. The wagering platform is purpose-built to meet U.S. sports fans’ growing demand for interactivity through the integration of a sports wagering platform with a live TV streaming experience. Users in the Garden State will soon be able to experience Fubo Sportsbook’s proprietary feature, Watch & Wager (formerly known as “Watching Now”), which leverages FuboTV’s first-party user data to recommend relevant bets based upon what viewers are streaming — even as they change the channel.

 

Watch a demo of Fubo Sportsbook here.

 

New users in New Jersey who register with Fubo Sportsbook can use the code “FUBONJ” to take advantage of a Bet $20, Get $150 promo offer and one month free of FuboTV. For more information, click here.

 

Fubo Sportsbook’s launch in New Jersey builds upon Fubo Gaming’s presence in the Garden State through its previously announced multi-year partnership with the New York Jets — representing the NY/NJ metropolitan area, with their home stadium located in New Jersey. In 2021, Fubo opened a 7,000-square-foot lounge at MetLife Stadium, featuring a full-service bar, live-action screens and incredible views of the Jets on-field action from the lounge’s outdoor patio. The launch of Fubo Sportsbook in New Jersey enhances Fubo’s ties with the Jets with the activation of its mobile sports betting lounge during the 2022 football season. With the assistance of a service team ready to help, guests 21 and over will be able to enjoy an unparalleled in-stadium experience through the look and feel of a casino-style sportsbook with betting odds integration, as well as incentives and special bonus offers provided by Fubo Sportsbook.

 

“Launching Fubo Sportsbook in New Jersey is an important early step in the development of our integrated platform, which includes a recently improved user experience and enhanced product capabilities,” said Scott Butera, president, Fubo Gaming. “As one of the largest and most established sports betting markets in the U.S., New Jersey will allow Fubo to analyze and efficiently develop the most engaging product features that are focused on driving streaming customers into wagering. New Jersey is known for having deeply passionate sports fans, who, we believe, will enjoy our one-of-a-kind immersive sports wagering and viewing experience in time for football season.”

 

“An integrated wagering platform, offering both live video and a sportsbook, is, we believe, the best gaming experience for consumers,” said David Gandler, co-founder and CEO, FuboTV. “Today’s launch marks an important milestone for Fubo Sportsbook. Our book is now available in three states, including one of the top wagering markets in the country, just 10 months after launching our first. We remain committed to interactive wagering and continue to explore potential partnership opportunities for Fubo Sportsbook.”

 

“We are thrilled to fully activate our partnership with Fubo, providing Jets fans access to the Fubo sports betting experience on the app and in the Fubo Sportsbook Lounge as we kick off the 2022 Jets season,” said Jeff Fernandez, vice president, business development & ventures, New York Jets. “With the official launch of Fubo Sportsbook in New Jersey, the Fubo Lounge and Fubo’s wagering app will provide an opportunity for our fans to responsibly gamble on sporting events from one of the best experiential settings in the NFL.”

 

For more information about Fubo Sportsbook, follow @fubosportsbook on Twitter, Instagram and TikTok.

 

Fubo Sportsbook is available only in NJ, AZ and IA. Must be 21 or older to gamble. Terms, conditions and restrictions apply. Gambling Problem? Call 1-800-Gambler (NJ). Text NEXTSTEP to 53342 or Call 1-800-Next-Step (AZ). Call 1-800-BETSOFF or visit 1800BETSOFF.org (IA). Wagering not permitted on New Jersey College Teams and College Events Taking Place in New Jersey (NJ). Collegiate in-play wagers and prop bets on individuals prohibited (AZ). Wagering not permitted on athletes on the roster of any Iowa College Teams or their opponents (IA).

 

ABOUT FUBO GAMING

Launched in 2021, Fubo Gaming Inc. is a Chicago-based subsidiary of live TV streaming platform FuboTV Inc. (NYSE: FUBO), and developer and distributor of Fubo Sportsbook. Fubo Sportsbook is purpose-built to integrate with FuboTV, creating a personalized omniscreen experience that turns passive viewers into active and engaged participants. Fubo Sportsbook officially launched in November 2021 and is currently live in Arizona, Iowa and New Jersey. Fubo Gaming has also entered into market access agreements in Indiana, Louisiana, Mississippi and Missouri via Caesars Entertainment, Inc., Ohio via the NBA Cleveland Cavaliers, Pennsylvania via The Cordish Companies and Texas via The Houston Dynamo Football Club. The launch timeline of Fubo Sportsbook in each state is subject to various factors, including obtaining requisite regulatory approvals and, in certain jurisdictions, enactment of legislation. For more information, visit fubosportsbook.com or follow @fubosportsbook on Twitter, Instagram and TikTok.

 

ABOUT FUBOTV

With a mission to build the world’s leading global live TV streaming platform with the greatest breadth of premium content and interactivity, FuboTV Inc. (NYSE: FUBO) aims to transcend the industry’s current TV model. FuboTV Inc. operates in the U.S., Canada, France and Spain.

 

Leveraging its proprietary data and technology platform optimized for live TV and sports viewership, FuboTV Inc. aims to turn passive viewers into active participants and define a new category of interactive sports and entertainment television. The company’s sports-first cable TV replacement product, FuboTV, offers U.S. subscribers more than 125 live sports, news and entertainment networks in its base package and is the only live TV streaming platform with every Nielsen-rated sports channel (source: Nielsen Total Viewers, 2021). Subscribers can interact with FuboTV’s live streaming experience through Fubo Sportsbook (in markets where available), free games and pick’ems, which are integrated into select sports content.

 

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements of FuboTV Inc. (“FuboTV”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our partnerships, market opportunity, business strategy and plans, the expected continued rollout of Fubo Sportsbook and the continued shift in consumer behavior towards sports wagering and streaming services. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” “believe” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that FuboTV makes due to a number of important factors, including but not limited to risks related to our pursuit and engagement in acquisitions; our actual operating results may differ significantly from our guidance; risks related to FuboTV’s access to capital and fundraising prospects to fund its ongoing operations and support its planned growth; risks relating to diverting management’s attention from FuboTV’s ongoing business operations to address integration and fundraising efforts; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to our technology, as well as cybersecurity and data privacy-related risks; our ability to achieve or maintain profitability; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to attract and retain subscribers; we may not be able to license streaming content or other rights on acceptable terms; risks related to our ability to capitalize develop and market a sports wagering offering and the regulatory regime and related risks associated with such offering; risks related to the strategic review of our wagering business, including our ability to identify a strategic partner; risks related to the difficulty in measuring key metrics related to our business; risks related to the highly competitive nature of our industry; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2022 filed with the Securities and Exchange Commission (“SEC”) on August 8, 2022 and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent FuboTV’s views as of the date of this press release. FuboTV anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing FuboTV’s views as of any date subsequent to the date of this press release.

Contacts

Investor Contacts:
Alison Sternberg, FuboTV

asternberg@fubo.tv

JCIR for FuboTV

ir@fubo.tv

Media Contacts:
Deliah Mathieu, Fubo Gaming

dmathieu@fubo.tv

Jennifer L. Press, FuboTV

jpress@fubo.tv

Lexi Panepinto, CTP for Fubo Gaming

lpanepinto@ctpboston.com

Categories
Business Lifestyle Science Travel & Leisure

Switching on the rEvolution: New report from Castrol and bp pulse explores global readiness for transition to electric vehicles

WAYNE, N.J. — (BUSINESS WIRE) — Castrol and bp pulse’s new study: Switching ON the rEVolution: The road to EV readiness for markets, carmakers and consumers explores opinions from automotive executives and consumers regarding the switch from internal combustion engine (ICE) vehicles to electric vehicles (EV).

The research, which surveyed 100 automotive executives and 10,000 consumers globally, shares key findings from automotive executives.

 

  • 97% of the executives surveyed are confident that their organization will hit targeted dates for phasing out ICE vehicles.
  • Almost two-thirds (66%) of global automotive executives stated that the transition is the number one strategic priority for their organization.
  • Among global consumers in the report who have already made the switch to EVs, 99% would consider an EV for their next vehicle purchase.

#Automotive executives working for EV-only carmakers are excluded from these figures

 

Nicola Buck, SVP Marketing bp and CMO Castrol said:

“It’s an exciting time for the automotive industry and we are committed to working with our industry partners to help bring forward the next generation of technologies and help accelerate the transition to EVs. The world of transport is going electric and products such as Castrol ON EV Fluids and bp pulse charging solutions will have an important role to play.”

 

Switching ON the rEVolution

Castrol is committed to working with industry partners to accelerate the transition, helping to switch on an electric future. Castrol ON EV Fluids aim to bring the industry closer to overcoming the challenges faced by helping EVs go further1, charge faster2 and last longer3*. bp pulse is committed to helping make the switch to EV easier by building a public charging network and reliable charging products and services, that is fast, simple to use and totally seamless.

 

For more information and to read the full study please visit: castrol.com/EVreport

 

*Castrol EV Fluids benefits are demonstrated in bespoke testing and development. 1vs mass market EV factory fill fluid 2vs indirect cooled battery system 3vs standard EV-transmission fluid

 

*****

Notes to editor:

Switching ON the rEVolution: The road to EV readiness for markets, carmakers and consumers, is a global opinion research study amongst 10,000 consumers and 100 leaders from car manufacturers (C-Suite level executives), exploring levels of readiness for the switch from internal combustion engine (ICE) vehicles to electric vehicles (EVs). It was conducted from November to December 2021 in 10 key markets: ANZ (Australia and New Zealand), China, France, Germany, India, Japan, Nordics (Sweden, Norway, Finland and Denmark), Turkey, UK and the US.

 

To download the full study visit: www.castrol.com/EVreport

 

About Castrol:

Castrol, one of the world’s leading lubricant brands, has a proud heritage of innovation and fueling the dreams of pioneers. Our passion for performance, combined with a philosophy of working in partnership, has enabled Castrol to develop lubricants and greases that have been at the heart of numerous technological feats on land, air, sea and space for over 100 years.

 

Today, Castrol is helping drive sustainability with our new strategy that sets out aims for 2030 to save waste, reduce carbon and improve lives. Castrol is part of the BP group and serves customers and consumers in the automotive, marine, industrial and energy sectors. Our branded products are recognized globally for innovation and high performance through our commitment to premium quality and cutting-edge technology.

 

To find out more about Castrol please visit www.castrol.com or contact uspress@bp.com.

 

About bp pulse:

Electrification is at the heart of bp’s convenience and mobility strategy, and the company aims to grow its network of public EV charging points by 2030 to over 100,000 worldwide. We currently have around 13,000 charging points globally across key markets in China, Netherlands, Germany, UK, USA and India. We already have a number of scaling businesses and operating partnerships in the charging domain. These include bp pulse UK, Aral pulse in Germany, Xiaoju in China and Jio-bp pulse in India. In 2021, bp pulse acquired AMPLY Power an electric vehicle (EV) charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles in the US.

Contacts

uspress@bp.com

Categories
Business Healthcare International & World Local News Science

Dr. Reddy’s Laboratories announces the launch of Lenalidomide Capsules in the U.S. with two of six strengths eligible for first-to-market, 180-day exclusivity

HYDERABAD, India & PRINCETON, N.J. — (BUSINESS WIRE) — $RDY #Affordablemedicines–Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY, along with its subsidiaries together referred to as “Dr. Reddy’s”) today announced the launch, in the U.S. market, of Lenalidomide Capsules, a therapeutic equivalent generic version of REVLIMID® (lenalidomide) Capsules approved by U.S. Food and Drug Administration (USFDA). With this volume-limited launch, Dr. Reddy’s is eligible for first-to-market, 180 days of generic drug exclusivity for Lenalidomide Capsules in 2.5 mg and 20 mg strengths.

“We are pleased with the first-to-market launch of two of our six strengths of Lenalidomide Capsules with 180-day market exclusivity,” says Marc Kikuchi, CEO, North America Generics, Dr. Reddy’s Laboratories. “Bringing a more affordable generic version to market creates greater patient access for this important drug.”

 

As previously announced, Celgene agreed to provide Dr. Reddy’s with a license to sell volume-limited amounts of generic lenalidomide capsules in the U.S. in settlement of all outstanding claims of its litigation. The agreed-upon percentages remain confidential. As part of the settlement, Dr. Reddy’s is also licensed to sell generic lenalidomide capsules in the U.S. without volume limitation beginning on January 31, 2026.

 

Dr. Reddy’s Lenalidomide Capsules are available in strengths of 2.5 mg, 5 mg, and 10 mg, each in a bottle-count size of 28, as well as 15 mg, 20 mg, and 25 mg strengths, each in a bottle-count size of 21.

 

Please click here to see the full prescribing information, along with boxed warning for Dr. Reddy’s Lenalidomide Capsules.

 

WARNING: EMBRYO-FETAL TOXICITY, HEMATOLOGIC TOXICITY,

and VENOUS and ARTERIAL THROMBOEMBOLISM

See full prescribing information for complete boxed warning.

EMBRYO-FETAL TOXICITY

  • Lenalidomide, a thalidomide analogue, caused limb abnormalities in a developmental monkey study similar to birth defects caused by thalidomide in humans. If lenalidomide is used during pregnancy, it may cause birth defects or embryo-fetal death.
  • Pregnancy must be excluded before start of treatment. Prevent pregnancy during treatment by the use of two reliable methods of contraception.

Lenalidomide capsules are available only through a restricted distribution program, called the Lenalidomide REMS program.

HEMATOLOGIC TOXICITY.

Lenalidomide can cause significant neutropenia and thrombocytopenia.

VENOUS AND ARTERIAL THROMBOEMBOLISM

  • Significantly increased risk of deep vein thrombosis (DVT) and pulmonary embolism (PE), as well as risk of myocardial infarction and stroke in patients with multiple myeloma receiving lenalidomide with dexamethasone. Anti-thrombotic prophylaxis is recommended.

 

Revlimid® is a trademark of Celgene, a wholly-owned subsidiary of Bristol Myers Squibb.

 

RDY-0822-441

About Dr. Reddy’s: Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY) is an integrated pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Dr. Reddy’s offers a portfolio of products and services including APIs, custom pharmaceutical services, generics, biosimilars and differentiated formulations. Our major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management and dermatology. Dr. Reddy’s operates in markets across the globe. Our major markets include – USA, India, Russia & CIS countries, and Europe. For more information, log on to: www.drreddys.com

 

Disclaimer: This press release may include statements of future expectations and other forward-looking statements that are based on the management’s current views and assumptions and involve known or unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words “may”, “will”, “should”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”, “potential”, or “continue” and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to without limitation, (i) general economic conditions such as performance of financial markets, credit defaults , currency exchange rates, interest rates, persistency levels and frequency / severity of insured loss events, (ii) mortality and morbidity levels and trends, (iii) changing levels of competition and general competitive factors, (iv) changes in laws and regulations and in the policies of central banks and/or governments, (v) the impact of acquisitions or reorganization, including related integration issues, and (vi) the susceptibility of our industry and the markets addressed by our, and our customers’, products and services to economic downturns as a result of natural disasters, epidemics, pandemics or other widespread illness, including coronavirus (or COVID-19), and (vii) other risks and uncertainties identified in our public filings with the Securities and Exchange Commission, including those listed under the “Risk Factors” and “Forward-Looking Statements” sections of our Annual Report on Form 20-F for the year ended March 31, 2022. The company assumes no obligation to update any information contained herein.

Contacts

INVESTOR RELATIONS
AMIT AGARWAL amita@drreddys.com

MEDIA RELATIONS
USHA IYER

USHAIYER@DRREDDYS.COM

Categories
Business Culture Lifestyle

Solidia Technologies names Brian Below Chief Operating Officer

International building materials, manufacturing, and product launch expert brings over 20 years’ experience to leadership team

 

PISCATAWAY, N.J. — (BUSINESS WIRE) — #CO2—Solidia Technologies® today named international building materials leader and intrepreneur Brian Below chief operating officer. Below brings over 20 years of experience building and scaling commercial products, developing teams to achieve top performance, and driving new and innovative business ventures from initial concept through first sales and profitability.


“I am thrilled to join the Solidia team to help accelerate the momentum towards commercial success,” said Below. “With Solidia’s game-changing technology, we can deliver high-performance solutions to help address the increasingly complex challenges and needs of our industry.”

 

An experienced operations leader, Below most recently served as CEO of Fabral, part of OmniMax International, LLC., the premier supplier of metal roofing and wall panel solutions to the residential, commercial, industrial, and architectural sectors. Prior to that, as a division president at Boral North America, he was responsible for the strategic direction and operating performance of the building products division – a roughly $300M premium siding, trim, and accessory products business with approximately 900 employees and eight manufacturing sites. He also previously served Boral in a variety of leadership roles, including overseeing the launch of start-up business unit Boral Composites, with the evolution of a novel green building product technology from initial concept to commercialization and rapid sales growth.

 

“With his industry experience and track record building teams and driving sustainable innovation from lab to market success, Brian Below is a perfect addition as we pivot aggressively towards the market,” said Solidia CEO Russell Hill, Ph.D. “Solidia is the right technology at the right time. With Brian, we have deepened our bench of talented leaders to help usher in the next generation of building materials.”

 

Below was awarded an MBA from UCLA Anderson School of Management and a BS in Chemical Engineering from Georgia Institute of Technology.

 

About Solidia Technologies

Based in Piscataway, N.J. (USA), Solidia Technologies® is a leading provider of decarbonization technologies and sustainable solutions to the construction and building materials industries. Investors include Imperative Ventures, Zero Carbon Partners, Canada Pension Plan Investment Board (CPP Investments), Breakthrough Energy Ventures, Prelude Ventures, PIVA Capital, John Doerr, BP, OGCI Climate Investments, Bill Joy, Kleiner Perkins, BASF Venture Capital, Holcim, Total Carbon Neutrality Ventures, Air Liquide Venture Capital (ALIAD), and other private investors. Follow Solidia on LinkedIn, Instagram, Twitter, and YouTube.

Contacts

Ellen Yui, YUI&Company, Inc.

o: 301-270-8571, m: 301-332-4135

ellenyui@yuico.com

Categories
Business Lifestyle

T-Mobile 5G Home Internet takes over the Northeast

The Un-carrier is leveraging its massive 5G network to expand Home Internet access in 64 cities and towns in six states, where more than three million households still have no access to home broadband.

 

BELLEVUE, Wash. — (BUSINESS WIRE) — Watch out Big Internet, T-Mobile is turning the Northeast magenta! Today, T-Mobile (NASDAQ: TMUS) announced it has expanded the footprint of its 5G Home Internet service across Connecticut, Maryland, Massachusetts, New Jersey, New York and Pennsylvania, where more than three million households still have no access to home broadband. With this latest expansion, more than 9 million homes throughout these states are now eligible for T-Mobile Home Internet.


Fast, reliable home broadband has never been more important, but for families across the country, access to home broadband is still out of reach. In Connecticut alone, more than 320,000 households – approximately 23% of total homes across the state – and more than 100,000 children lack high-speed internet. And in Pennsylvania, more than 800,000 residents lack access, with more than 500,000 of those living in rural areas. And it doesn’t stop there, a 2021 study by BroadbandNow confirms that more than 42 million people nationwide do not have access to broadband. That’s a disaster. Luckily, T-Mobile is here to help clean up the mess.

 

Today’s expansion reinforces the continued demand and need for T-Mobile Home Internet and follows recent announcements in California, Texas, the Southeast, Midwest and South. During Q2 earnings, T-Mobile announced that it now has more than 1.5 million Home Internet customers, making it the fastest growing broadband provider for the third quarter in a row. Now, more than 40 million households – a third of them in rural America – are eligible for 5G Home Internet. They’ll get broadband speeds that handle multiple devices at the same time for working, streaming, zooming, online learning, gaming and more!

 

What People Are Saying

“Here in Connecticut, our administration has made expanding access to broadband internet a top priority because until we tackle our underserved broadband challenges in our urban, suburban, and rural areas, we will not have equitable access for all and achieve the economic recovery that we need,” said Connecticut Governor Ned Lamont. “As we continue our focus to ensure Connecticut residents are connected, I am glad that we have partners like T-Mobile that are working to address this need, as well.”

 

“Rochester is lucky to be one of 64 cities in the Northeast where T-Mobile is expanding their Home Internet service to thousands more households,” said Greater Rochester Chamber of Commerce President and CEO Bob Duffy. “We thank T-Mobile for their investment in our region, which will help many more individuals and families work, learn, and stay remotely connected in today’s rapidly shifting world.”

 

“Expanding broadband in my district and throughout the commonwealth has always been a longtime priority of mine,” said Senator Sal DiDomenico, Assistant Majority Leader of the Massachusetts Senate. “I want to thank T-Mobile for their investment in our area. This will allow more of our communities access to reliable internet.”

 

“Millions of people across this country still have little to no choice when it comes to home broadband. That’s because traditional ISPs have continued to underserve customers year after year, even as reliance on connectivity grows,” said Mike Katz, Chief Marketing Officer at T-Mobile. “So today, we’re doubling down on our mission to bring connectivity to more people, expanding Home Internet in states across the Northeast. As we’ve seen quarter after quarter, people are desperate for a new option in home broadband. With 5G Home Internet, we’re delivering just that.”

 

About T-Mobile Home Internet

T-Mobile 5G Home Internet is home internet for just $50 a month with AutoPay, or $30 per month for families with Magenta MAX, T-Mobile’s most popular phone plan. It’s fast and reliable home broadband without all the Big Internet BS.

 

  • It’s a flat rate. No added taxes or monthly fees, no equipment costs, no annual contracts and no price hikes.
  • It’s 100% wireless, so setup is simple. Get a gateway in the mail, plug it in, download the app and connect in less than 15 minutes. No waiting for installation. No holes to drill.
  • And with T-Mobile’s recent Un-carrier move, Internet Freedom, customers can test drive Home Internet worry-free, break up with their provider and T-Mobile will cover the cost up to $500, and lock in their price with T-Mobile’s Price Lock guarantee.
  • If you need support, T-Mobile’s dedicated team of experts is just a call or message away.

 

Expanded Access

5G Home Internet is available to more than 40 million homes nationwide. And now, millions more homes in Connecticut, Maryland, Massachusetts, New Jersey, New York and Pennsylvania are eligible for 5G Home Internet too. Availability is based on network capacity, which is increasing all the time. Check if T-Mobile Home Internet is available for your home at https://www.t-mobile.com/isp.

 

Connecticut

  • Bridgeport-Stamford-Norwalk
  • Hartford-East Hartford-Middletown
  • New Haven-Milford
  • Norwich-New London
  • Torrington

Maryland

  • Baltimore-Columbia-Towson
  • California-Lexington Park
  • Easton
  • Hagerstown-Martinsburg
  • Salisbury

Massachusetts

  • Barnstable
  • Boston-Cambridge-Newton
  • Springfield
  • Vineyard Haven
  • Worcester

New Jersey

  • Atlantic City-Hammonton
  • Ocean City
  • Trenton-Princeton
  • Vineland-Bridgeton

New York

  • Albany-Schenectady-Troy
  • Amsterdam
  • Auburn
  • Batavia
  • Binghamton
  • Buffalo-Cheektowaga
  • Corning
  • Cortland
  • Elmira
  • Glens Falls
  • Hudson
  • Ithaca
  • Jamestown-Dunkirk-Fredonia
  • Kingston
  • Malone
  • New York-Newark-Jersey City
  • Ogdensburg-Massena
  • Olean
  • Oneonta
  • Plattsburgh
  • Poughkeepsie-Newburgh-Middletown
  • Rochester
  • Seneca Falls
  • Syracuse
  • Utica-Rome
  • Watertown-Fort Drum

Pennsylvania

  • Allentown-Bethlehem-Easton
  • Bloomsburg-Berwick
  • Chambersburg-Waynesboro
  • East Stroudsburg
  • Erie
  • Lancaster
  • Lebanon
  • Lewisburg
  • Lock Haven
  • New Castle
  • Oil City
  • Philadelphia-Camden-Wilmington
  • Pittsburgh
  • Pottsville
  • Reading
  • Sayre
  • Scranton-Wilkes-Barre
  • Sunbury
  • York-Hanover

Not available in all areas; customers ineligible for 5G Home Internet may be eligible for 4G LTE or other fixed wireless options. During congestion, Home Internet customers may notice speeds lower than other customers due to data prioritization. For use only at location provided at activation. Credit approval required. AutoPay: $5/mo. discount may not reflect on 1st bill. Regulatory fees included in monthly service price for qualifying accounts. If canceling Home Internet service, return gateway or pay up to $370. $30/mo. for families with 2+ qualifying Magenta MAX lines and Home Internet Service. Via $20 monthly bill credit. Credits may take up to 2 bill cycles; credits will stop if you cancel any lines or change plans. Price Lock guarantees your regular monthly rate for your current qualified home internet service plan (excludes taxes/fees, limited-time promotions, per-use charges, third-party services, devices and network management practices).

 

About T-Mobile

T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit: https://www.t-mobile.com.

Contacts

Media Contacts

T-Mobile US Media Relations
MediaRelations@t-mobile.com

Investor Relations
investor.relations@t-mobile.com

Categories
Business Healthcare Science

Pioneering radiology center opens in New Jersey, announces ImageCare Radiology

JEFFERSON, N.J. — (BUSINESS WIRE) — #3DMammogram–A pioneering, state-of-the-art radiology center in New Jersey has officially announced its opening date to the public this month.


Set to improve and redefine the medical diagnostic imaging experience for its patients, the new ImageCare Radiology location in Jefferson was launched on September 1, 2022 and will provide the most advanced medical diagnostic imaging to date.

 

Launching initially with their newly-introduced 10-minute 3T MRI scans, those working at the radiology center are excited to be offering patients the fastest medical scans on the market, along with other useful and innovative services that are beyond anything they have been able to offer patients before.

 

“We’ll soon be launching a number of new image and radiology services, but in particular, the introduction of 10-minute MRI scans will be groundbreaking,” said Dr. Clay Hinrichs, President of ImageCare Radiology. “Not only will our patients continue to receive the highest possible service and advanced diagnostic imaging, but they will also be able to take advantage of the fastest 3T scans available. This is useful in many ways, but particularly for patients that are children, are claustrophobic, or living with disabilities. It’s going to make them feel much more comfortable knowing they can still receive detailed and advanced image quality, but will take much less time.”

 

“Many people have previously avoided such scans due to feeling uneasy about tight spaces or being uncomfortable about remaining still for long periods of time, which isn’t ideal because we want to ensure our patients get the best possible service and early diagnosis. Now though, patients no longer need to worry about this and can now also receive accurate imaging within a shorter timeframe,” added Dr. Hinrichs.

 

Alongside the initial 3T MRI scans, the site will also offer the highest resolution of Siemens PET/CT Scans, sedation services with anesthesiologists for all modalities, and Nuclear Medicine – offering bone scans, thyroid function tests, HIDA scans, renal scans and tumor workups. The center is also expected to launch an interventional suite, which will offer lower cost outpatient solutions for procedures including nephrostomy tubes, peripheral vascular studies, MediPorts for cancer therapy, tumor embolizations, and vertebroplasty for spinal fractures.

 

Dr. Clay Hinrichs said that each of the services will be launched gradually, but patient experience will be improved from the very first day of its opening.

 

He concluded, “Following the initial launch of our 10-minute 3T MRI scans, we will also offer mammography, ultrasound with Echocardiography, and X-rays. We will have the first full-service non-hospital nuclear scanner in Northern NJ , and be able to offer lower cost outpatient solutions with our interventional suite. We’re proud to say that our mammograms will be ‘PINK Better Mammo’ with Artificial Intelligence, which is the first FDA approved AI Technology for improved breast cancer detection. We’re also excited for our future opening of CT/PET scanners and sedation for all our services, which is expected to be available to everyone by the end of summer.”

 

Patients looking to book appointments can use the new services starting September 1.

 

Notes to Editors

ImageCare Radiology has centers conveniently located throughout North and Central New Jersey in Bergen, Essex, Hunterdon, Middlesex, Monmouth, Morris, Passaic, Sussex, and Warren Counties.

 

ImageCare is committed to providing the most advanced medical diagnostic imaging to their patients, working to ensure everyone who uses their services are comfortable and at ease. Only recruiting caring and compassionate staff members, and skilled radiologists, they are renowned for their state-of the-art Radiology services including Open and Closed MRIs, Sedation MRIs, Ultrasounds, X-rays, DEXA Bone Density Scans, 3D Mammograms with Artificial Intelligence, Pediatric Radiology, Nuclear Imaging, PET/CT Scans, and Interventional Radiology.

 

For more information on the center or to book an appointment, please visit: www.imagecarecenters.com

 

To contact ImageCare or to organize any interviews regarding the new center, please contact Thomas Wood, Director of Marketing, here: twood@imagecarecenters.com

Contacts

ImageCare

Thomas Wood, Director of Marketing

twood@imagecarecenters.com

Categories
Business International & World

Imperial Dade adds scale in Puerto Rico, acquires International Sales & Marketing

Transaction Represents 53rd Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products

 

JERSEY CITY, N.J. & CATAÑO, Puerto Rico — (BUSINESS WIRE) — Imperial Dade, a leading distributor of foodservice packaging and janitorial supplies, today announced the acquisition of International Sales & Marketing (“ISM” or the “Company”). The transaction represents the 53rd acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed.

ISM is a market leading distributor of foodservice and janitorial sanitation products. Owned and operated by Eduardo Lopez, the Company continues its legacy and is known for its knowledgeable sales force, wide breadth of products, and high touch customer service. Now in partnership with Imperial Dade’s market leading platform, ISM’s customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.

 

“Eduardo runs a fantastic company, and operates with similar values to that of Imperial Dade. I welcome everyone to the Imperial Dade family and greatly look forward to working with the entire team at ISM,” said Robert Tillis. “I am excited for the opportunity to partner with the ISM team to further grow our business in a key market and am confident new and existing customers will benefit from our companies joining together,” said Jason Tillis.

 

“I am excited about the future of ISM under the leadership of Imperial Dade. Our customers will receive the same outstanding service they have come to expect from us and a significantly expanded product offering,” said Eduardo Lopez, owner and CEO of International Sales & Marketing.

 

About Imperial Dade

Founded in 1935, Imperial Dade serves more than 90,000 customers across North America. Since Chairman Robert Tillis and CEO Jason Tillis assumed their roles in 2007, the company has grown both organically and through acquisitions to become a leader in the food service packaging and janitorial supplies industry. For additional information, please visit www.imperialdade.com.

 

Contacts

Imperial Dade

Paul Cervino

(201) 437-7440 x 2302

Categories
Business

AM Best revises under review status to developing for Credits Ratings of American Millennium Insurance Company and Citadel Reinsurance Company Limited

OLDWICK, N.J. — (BUSINESS WIRE) — AM Best has revised the implications of the under review status to developing from negative for the Financial Strength Rating (FSR) of C- (Weak) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “cc” (Very Weak) of American Millennium Insurance Company (AMIC) (Bridgewater, NJ), a wholly owned subsidiary of Citadel Reinsurance Company Limited (Citadel Re) (Hamilton, Bermuda). Additionally, AM Best has revised the implications of the under review status to developing from negative for the FSR of B (Fair) and the Long-Term ICR of “bb” (Fair) of Citadel Re.

The ratings of AMIC reflect its balance sheet strength, which AM Best assesses as very weak, as well as its weak operating performance, limited business profile and marginal enterprise risk management (ERM).

 

The ratings of Citadel Re reflect its balance sheet strength, which AM Best assesses as adequate, as well as its marginal operating performance, neutral business profile and marginal ERM.

 

AM Best downgraded the Credit Ratings (ratings) of both AMIC and Citadel Re in February 2021 and maintained the under review with negative implications status following the downgrade of AMIC’s ratings in October 2020. These rating actions resulted from persistent net underwriting losses that continued into the second half of 2020 and negatively impacted the risk-adjusted capitalization of AMIC, and Citadel Re given its direct ownership of AMIC. For AMIC, the impact of these unanticipated losses (net of reinsurance) resulted in a significant deterioration in surplus, and notably, risk-based capital (RBC) levels which, at the time, were likely to prompt state regulatory actions. The under review status was pending the parent, Citadel Re, potentially recapitalizing AMIC’s balance sheet and its plans to raise more capital from outside investors.

 

In August 2021, Citadel Re completed its recapitalization of AMIC with a $6.2 million cash injection, raising the RBC to above 300% to the satisfaction of AMIC’s regulator, the Department of Banking and Insurance of New Jersey. Although some of the uncertainties incorporated in the previous under review status had been addressed through the completion of the recapitalization, management’s planned external capital raising has not yet been completed and is likely to be delayed until 2023. The rating status also considers the improved profitability of AMIC’s existing core commercial auto business. However, the ultimate performance of this book of business and its associated loss reserves may require more time to flesh out, which also could have an impact on Citadel Re’s earnings and capitalization due to ownership and consolidation. AM Best has revised the implications of the under review status to developing from negative for both AMIC and Citadel Re. The developing implications reflect AM Best’s need to see how these various trends play out.

 

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2022 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Jieqiu Fan

Senior Financial Analyst

+1 908 439 2200, ext. 5372

jieqiu.fan@ambest.com

Daniel J. Ryan

Senior Director

+1 908 439 2200, ext. 5325

daniel.ryan@ambest.com

Christopher Sharkey

Manager, Public Relations

+1 908 439 2200, ext. 5159

christopher.sharkey@ambest.com

Jeff Mango

Managing Director,

Strategy & Communications

+1 908 439 2200, ext. 5204

jeffrey.mango@ambest.com

Categories
Business Lifestyle Local News

Church & Dwight webcasts presentation at the 2022 Barclays Global Consumer Staples Conference

EWING, N.J. — (BUSINESS WIRE) — Church & Dwight Co., Inc. (NYSE: CHD) will present at the 2022 Barclays Global Consumer Staples Conference on Tuesday, September 6, 2022 at 12:45 p.m. ET. A link to the broadcast will be provided through the Investors section of Church & Dwight’s website at http://investor.churchdwight.com/investors/news-events.

Church & Dwight Co., Inc. manufactures and markets a wide range of personal care, household and specialty products under the ARM & HAMMER brand name and other well-known trademarks.

 

Church & Dwight Co., Inc. founded in 1846, is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda. The Company manufactures and markets a wide range of personal care, household, and specialty products under recognized brand names such as ARM & HAMMER®, TROJAN®, OXICLEAN®, SPINBRUSH®, FIRST RESPONSE®, NAIR®, ORAJEL®, XTRA®, L’IL CRITTERS® and VITAFUSION®, BATISTE®, WATERPIK®, FLAWLESS®, ZICAM® and THERABREATH®. These fourteen key brands represent approximately 80% of the Company’s products sales. For more information, visit the Company’s website.

 

Contacts

Rick Dierker

609-806-1900

Categories
Business

AM Best places credit ratings of LIA Holdings Limited’s subsidiaries under review with negative implications

OLDWICK, N.J. — (BUSINESS WIRE) — AM Best has placed under review with negative implications the Financial Strength Ratings of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Lombard International Life Assurance Company (Philadelphia, PA), Lombard International Life Assurance Company of New York (New York, NY), Lombard International Life Assurance Company (Bermuda) Ltd. (Bermuda) and Lombard International Life Ltd. (Bermuda).

These Credit Rating (ratings) were placed under review with negative implications following the announcement by Lombard International Group that it has entered into a definitive agreement to sell its U.S.- and Bermuda-based businesses to BroadRiver Asset Management and its affiliated entities. The negative implications are due to the uncertainty regarding BroadRiver Asset Management’s intentions and capitalization plans for the entities being acquired. These ratings will remain under review until the transaction closes, all customary regulatory approvals are received and AM Best evaluates BroadRiver Asset Management’s role in these entities.

 

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2022 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Brian Keleher
Financial Analyst
+1 908 439 2200, ext. 5586
brian.keleher@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Edward Kohlberg
Director
+1 908 439 2200, ext. 5664
edward.kohlberg@ambest.com

Jeff Mango
Managing Director,
Strategy & Communications
+1 908 439 2200, ext. 5204
jeffrey.mango@ambest.com