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ATHENS, Greece, June 02, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced the release of its second Sustainability Report (the “Report”), highlighting how the Company addresses Environmental, Social and Governance (“ESG”) issues as part of its ongoing effort to increase transparency and accountability. The Report, which covers the full year 2021 and is developed around the UN Sustainable Development Goals (“UN SDGs”) and in accordance with the Global Reporting Initiative Standards, outlines the Company’s commitments and efforts toward building strong corporate governance and to operating sustainably and responsibly.

The Report is available on the Company’s website.

About the Company

Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of Aframax tankers. The Company’s current fleet is employed on spot voyages and through pool arrangements.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include, but are not limited to, statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “may,” “should,” “expect,” “targets,” “likely,” “would,” “could,” “seeks,” “continue,” “possible,” “might,” “pending” and similar expressions, terms or phrases may identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including, without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to: the strength of world economies, fluctuations in currencies and interest rates, general market conditions, including fluctuations in charter rates and vessel values, changes in demand in the tanker shipping industry, changes in the supply of vessels, changes in worldwide oil production and consumption and storage, changes in our operating expenses, including bunker prices, crew costs, drydocking and insurance costs, our future operating or financial results, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, the length and severity of epidemics and pandemics, including the ongoing outbreak of the novel coronavirus (COVID-19) and its impact on the demand for seaborne transportation of petroleum and other types of products, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions or events, including “trade wars”, armed conflicts including the war in Ukraine, the imposition of new international sanctions, acts by terrorists or acts of piracy on ocean-going vessels, potential disruption of shipping routes due to accidents, labor disputes or political events, vessel breakdowns and instances of off-hires and other important factors. Please see our filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

Website: www.pshipping.com

CONTACT: Corporate Contact:
Andreas Michalopoulos
Chief Executive Officer, Director and Secretary
Telephone: +30-216-600-2400
Email: amichalopoulos@pshipping.com
Website: www.pshipping.com


Investor and Media Relations:
Edward Nebb
Comm-Counsellors, LLC
Telephone: + 1-203-972-8350
Email: enebb@optonline.net

Highlights Company’s Commitment to ESG and Progress on CSR initiatives

Alignment with United Nations Sustainability Development Goals and Sustainability Accounting Standards Board (SASB) Reporting Framework Continues

FLORHAM PARK, N.J., June 02, 2022 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a business process services and solutions company, today published its 2021 Corporate Social Responsibility (CSR) report, which highlights the company’s continued progress in conducting business ethically, responsibly, and sustainably, while advancing its strategic Environmental, Social and Governance initiatives.

“Conduent’s CSR accomplishments are a testament to not only our strong and inclusive culture, but also who we are and how we operate around the globe to better serve our stakeholders,” said Cliff Skelton, Conduent President and Chief Executive Officer. “Thanks to the hard work of our associates, we advanced our ESG initiatives while also modeling ethical behavior throughout our company. We strive to protect our planet, support our associates and communities, make a difference for millions of people through our solutions and responsibly govern our business.”

Conduent’s 2021 CSR report highlights our commitments and progress, including:

• Environmental – Protecting our planet
  • Reduced Scope 2 carbon emissions by 32% since 2019
  • Recycled 16 million pounds of paper in 2021
  • Recycled 36,700 electronic items in 2021
  • Reduced real estate square footage by 55% since 2017
• Social – Supporting our people and communities
  • Allocated 25% of sourceable spending to diverse suppliers in the U.S.
  • Volunteered 2,372 hours in support of local communities
  • Recognized by Forbes as a Best Employer for Diversity
  • Recognized by Human Rights Campaign Foundation’s Corporate Equality Index as Best Place to Work for LGBTQ+ Equality in the U.S. and Mexico
• Social – Making a difference for millions through mission-critical solutions
  • Distributed $125 billion in payments to support government programs
  • Touched 75% of insured lives in the U.S. with Conduent Services
  • Processed approximately 3.3 billion tolling transactions
  • Managed 1.3 billion customer service interactions
• Governance and Ethics – Responsibly governing our business
  • 87.5% of Conduent’s Board of Directors are independent
  • 37.5% of Conduent’s Board of Directors identify as female or ethnically diverse
  • 99% of Conduent’s associates completed ethics training
  • Achieved ISO27001 corporate information security compliance

In 2021, the company expanded its ESG disclosures to include enhanced reporting aligned with the Task Force on Climate Related Financial Disclosures (TCFD) Governance and Strategy Recommendations.

Conduent also continues its adherence to the Sustainability Accounting Standards Board (SASB) framework, an independent standards-setting organization for sustainability disclosures, and remains aligned with five of the United Nations’ Sustainable Development Goals (SDGs) that support its associates and their communities as well as its clients’ end users: No Poverty; Zero Hunger; Good Health and Wellbeing; Sustainable Cities and Communities; Decent Work and Economic Growth.

To access the complete Conduent 2021 Corporate Social Responsibility Report, visit conduent.com/corporate-social-responsibility.

About Conduent 
Conduent delivers mission-critical services and solutions on behalf of businesses and governments – creating exceptional outcomes for its clients and the millions of people who count on them. Through our dedicated people, processes, and technologies, Conduent solutions and services enhance customer experience, increase efficiencies, reduce costs, and improve performance for most Fortune 100 companies and more than 500 government entities. Whether it’s touching three out of every four health insured lives and delivering 45% of SNAP payments in the U.S. or enabling 1.3 billion customer service interactions and empowering 10 million employees through HR services worldwide, Conduent services and solutions interact with millions of people every day and move our clients’ operations forward. Learn more at https://www.conduent.com.

Media Contacts:
Sean Collins, Conduent, +1-310-497-9205, sean.collins2@conduent.com

Investor Relations Contact:
Giles Goodburn, Conduent, +1-203-216-3546, ir@conduent.com

Note: To receive RSS news feeds, visit www.news.conduent.com. For open commentary, industry perspectives, and views, visit http://twitter.com/Conduent, http://www.linkedin.com/company/conduent or http://www.facebook.com/Conduent.

Trademarks
Conduent is a trademark of Conduent Incorporated in the United States and/or other countries. Other names may be trademarks of their respective owners.

Photos accompanying this announcement are available at: 
https://www.globenewswire.com/NewsRoom/AttachmentNg/e1f9ec68-c6ad-4bf8-96e1-20bb419810cc
https://www.globenewswire.com/NewsRoom/AttachmentNg/511b56c5-a67b-475f-96ca-462574f4b2fc
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https://www.globenewswire.com/NewsRoom/AttachmentNg/f87ce01b-4d9b-4a91-a2f9-3ca1be99d922 

Two new solar arrays, composed of 62 panels, will increase Wild Hope Farm’s clean energy generation capacity and support their net zero energy goals

CHARLOTTE, N.C., June 02, 2022 (GLOBE NEWSWIRE) -- Renu Energy Solutions, a locally-owned and operated solar installer in North Carolina and South Carolina, today announced the details of a new commercial solar installation at Wild Hope Farm, a USDA-certified organic vegetable and flower farm focused on regenerative agriculture based in Chester, SC.

The Renu Energy Solutions team installed two separate solar arrays on the greenhouse/shed and farmhouse at Wild Hope Farm. The greenhouse array is 14.625 kW, composed of 45 REC panels while the farmhouse array is 5.525 kW, composed of 17 REC panels. In total, the 20.15 kW installed by Renu across the two systems at Wild Hope Farm will provide an estimated 26,000 kWh of energy annually.

Along with Renu’s installations, an additional 15.34 kW was installed across the greenhouse and farmhouse roofs by Alder Energy in 2017. This brings the total size of these arrays to 35.49 kW. In combination, the PV systems installed by Renu and Alder will offset more than 90% of the total energy consumed by the Wild Hope Farm greenhouse/shed and farmhouse buildings.

These new installations are the latest effort within Wild Hope Farm’s broader mission to incorporate renewable energy technologies and sustainability practices into their operations and facilities. Clean energy generated by the solar arrays the Renu team has installed will be essential in the Farm’s efforts to achieve net-zero energy consumption.

“Renu and Wild Hope Farm share a common vision to care for our local community through sustainability and environmental stewardship,” said Matthew Culley, Senior Consultant at Renu Energy Solutions. “We are honored to be the installation partner for these solar arrays, and proud to partner with Wild Hope Farm in their goal to achieve Zero Net Energy on the farm.”

Wild Hope Farm’s sustainability focus reaches beyond its growing fields and solar installations, extending to the back acres and wooded areas of the property where the team is transforming invasive grass pastures into native prairies. Through this restoration project, Wild Hope Farm is creating a habitat for imperiled bird, rabbit, and pollinator species.

“With intentional planning of our land and infrastructure, the Wild Hope Farm team aims to use zero net energy in our farm operations area within the next few years,” said Katherine Belk, Operations Manager at Wild Hope Farm. “From our conservation growing practices to our 35.49 kilowatt solar PV array, to our passive solar greenhouses, we are always thinking about new ideas for conserving and producing energy on the farm.”

As Renu and Wild Hope Farm continue their collaborative efforts to promote sustainable solutions in the local community, Renu will also serve as a sponsor for the Farm’s 2022 Music Fest, taking place on June 4.

“We’re a small team with big ambitions and are very proud to share the evolution of our progress with the community and other local organizations like Renu,” continued Belk. “Following the completion of these new solar installations, we’re especially proud to have Renu as a sponsor for this year’s Music Fest, where we promote education, exploration, and celebration centered around nature.”

About Renu Energy Solutions
Renu Energy Solutions is a locally-owned and operated solar installer, with projects across both North Carolina and South Carolina. To date, Renu has completed over 4,500 high-quality solar energy installations. Every Renu installation is more than just a clean energy system, it’s also a tool to empower home and business owners to take charge of their energy future. To learn more, please visit: https://renuenergysolutions.com/

About Wild Hope Farm

At Wild Hope Farm, we are passionate about bringing high-quality, USDA Certified Organic produce into our local communities through a sustainable farming approach. We are growing on 13 acres of diverse vegetable, flower, herb and fruit production. We seek to share our knowledge and optimized growing systems with the greater farming community. To learn more, please visit: https://www.wildhopefarm.com/

Media inquiries
FischTank PR
renuenergy@fischtankpr.com

Sales inquiries
Matthew Culley
mculley@renuenergysolutions.com

Metrio’s data collection, analytics and reporting solutions to bolster Nasdaq’s portfolio of IR & ESG services

Expected to improve corporates’ ability to manage and unlock value from their data so they can make better decisions

Nasdaq plans to maintain Metrio’s headquarters in Montreal

NEW YORK and MONTREAL, June 02, 2022 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) announced today that it entered into an agreement to acquire Metrio, a privately-held provider of environmental, social and governance (ESG) data collection, analytics and reporting services based in Montreal. Nasdaq plans to integrate Metrio’s software as a service (SaaS) platform into its suite of ESG solutions.

“Metrio’s platform is complementary to Nasdaq’s end-to-end suite of sustainability reporting solutions and will accelerate our ability to support corporate clients who are looking for improved reporting technology across all three pillars of ESG,” said Michael Bartels, Senior Vice President, IR & ESG Services at Nasdaq. “We expect current and prospective clients to benefit from a flexible platform that collects, measures and analyzes corporate sustainability data, as well as generates investor-grade reports in real-time, which can be adapted for and shared with multiple stakeholders.”

Nasdaq has developed a range of ESG-focused technologies and solutions over the last decade to help clients achieve their corporate sustainability and governance objectives. These include ESG advisory services for investor relations professionals; Puro.Earth, a carbon marketplace; Nasdaq OneReport, an ESG workflow and reporting platform; Board Advisory, Board Meeting Management, and Compliance solutions for governance professionals; and The Nasdaq Center for Board Excellence.

The demand for more robust and comprehensive sustainability reporting solutions has risen dramatically in recent years due to evolving regulatory reporting requirements, investor input, and the increase of corporate sustainability commitments by corporates. Founded in 2009, Metrio established itself as an early mover in the space and developed a solution that has transformed the way corporates think about and act on ESG. The acquisition of Metrio underscores Nasdaq’s commitment to helping clients better manage and unlock value from their data so that they can make better decisions and provide more transparency to their stakeholders.

“We are tremendously proud of the market leading reporting solutions our team has built over the last decade,” said Patrick Elie, CEO & Co-Founder, Metrio. “We are excited to be part of Nasdaq as we seek new opportunities to bring our solutions to a wider set of stakeholders and increase our impact, said Pierre-Alexandre Hurtubise COO & Co-Founder, Metrio.

The transaction is expected to close by mid-June and financial terms of the deal are not being disclosed. For more information about Metrio, please visit www.nasdaq.com/esg/nasdaq-acquires-metrio. For more information on Nasdaq’s ESG offering for corporate clients, please visit: https://www.nasdaq.com/solutions/corporate-esg-solutions.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software, and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

About Metrio

Metrio is a leader in sustainable development solutions. Since 2009, its CSR reporting software has helped more than 5,000 users at over 100 global companies simplify the way they collect, analyze, and share their ESG data to become more sustainable, transparent, and profitable. Metrio is a certified B Corp, a member of the SASB Alliance, a signatory to the United Nations Global Compact and a CDP accredited supplier. www.metrio.net

Forward-Looking Statements

This communication contains forward-looking information related to Nasdaq, Metrio and the proposed acquisition of Metrio by Nasdaq that involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. When used in this communication, words such as "intends", "plans", "will", “believes”, "expected”, and similar expressions and any other statements that are not historical facts are intended to identify forward-looking statements. Forward-looking statements in this communication include, among other things, statements about the potential benefits of the proposed transaction, Nasdaq’s plans, objectives, expectations and intentions, the financial condition, results of operations and business of Nasdaq or Metrio, and the anticipated timing of closing of the proposed transaction. Risks and uncertainties include, among other things, risks related to the ability of Nasdaq to consummate the proposed transaction on a timely basis or at all; Nasdaq’s ability to successfully integrate Metrio’s operations; Nasdaq’s ability to implement its plans, forecasts and other expectations with respect to Metrio’s business after the completion of the transaction and realize expected synergies; the ability to realize the anticipated benefits of the proposed transaction, including the possibility that the expected benefits from the proposed transaction will not be realized or will not be realized within the expected time period; disruption from the transaction making it more difficult to maintain business and operational relationships; risks related to diverting management's attention from Nasdaq’s ongoing business operations; the negative effects of the announcement or the consummation of the proposed transaction on Nasdaq’s operating results; significant transaction costs; unknown liabilities; the risk of litigation related to the proposed transaction; and the effect of the announcement or pendency of the transaction on Metrio’s business relationships, operating results, and business generally.

Further information on these and other risk and uncertainties relating to Nasdaq can be found in its reports filed on Forms 10-K, 10-Q and 8-K and in other filings Nasdaq makes with the SEC from time to time and available at www.sec.gov. These documents are also available under the Investor Relations section of Nasdaq 's website at http://ir.nasdaq.com/investor-relations. The forward-looking statements included in this communication are made only as of the date hereof. Nasdaq and Metrio disclaim any obligation to update these forward-looking statements, except as required by law.

Nasdaq Media Contact:

Sophia Weiss
(646) 483-6960
sophia.weiss@nasdaq.com

Nasdaq Investor Relations Contact:

Ed Ditmire, CFA
(212) 401-8737
ed.ditmire@nasdaq.com

-NDAQF-

CALGARY, Alberta, June 01, 2022 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to release its inaugural Sustainability and ESG report, for Pulse’s shareholders, stakeholders and prospective investors. You can view the report using the below link. The report is also available on SEDAR (www.sedar.com) and on Pulse’s website at www.pulseseismic.com.

CORPORATE PROFILE

Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin where most of Canada’s oil and natural gas exploration and development occur.

For further information, please contact:
Neal Coleman, President and CEO
Or
Pamela Wicks, Vice President Finance and CFO
Tel.: 403-237-5559
Toll-free: 1-877-460-5559
E-mail: info@pulseseismic.com.
Please visit our website at www.pulseseismic.com.

To view the attachment to this press release, please visit: http://ml.globenewswire.com/Resource/Download/28a2961f-7feb-4273-896d-390418d34ecd

PDF available: http://ml.globenewswire.com/Resource/Download/1e8310ae-3320-4afa-b5c0-d2ce1256532c

Company outperforms on water conservation achieving more than 90 percent less use than open-field growing average

Increases B Corp score against added challenge of expanding farm network and ramping up production

Establishes Board of Directors-level oversight for sustainability

Earns Certified Living Wage Company designation

MOREHEAD, Ky., June 01, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ: APPH, APPHW), a sustainable food company, public benefit corporation and Certified B Corp building some of the country’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced its B Corp recertification score improved 15% over its original certification and published its 2021 “Fight the Food Fight” Sustainability Report measuring progress on its environmental, social and governance (ESG) commitments. The “Fight the Food Fight” campaign is a call to action for consumers to join the company’s mission in creating a more resilient food system that delivers far more using far fewer resources for the wellbeing of people and planet.

B Corp Recertification
As both a Certified B Corp and a public benefit corporation, ESG issues are core to the AppHarvest mission. Since first becoming B Corp Certified in 2019, the company has increased its overall impact score to 95.4 – a 15% improvement. This increase came during a period of hyper-growth as the company went public, opened its 60-acre flagship farm in Morehead, Ky., and grew from a handful of employees to several hundred.

Key actions that helped boost the company’s recertification score include establishing a Board of Directors-level Sustainability Committee; tracking and reporting data for water, energy, carbon and waste; and ensuring the highest standard of health and safety are achieved.

“The increase in our Certified B Corporation score demonstrates our commitment to continuous improvement, and I’m so proud the team achieved this while working to rapidly ramp up production and expand the farm network,” said AppHarvest Founder & CEO Jonathan Webb. “Disrupting agriculture to build a climate-resilient, domestic food supply that is more sustainable for the next generation and beyond isn’t easy, but the B Corp validation is a symbol that we are committed to ‘Fight the Food Fight’ to provide good jobs and better access to nutritious fruits and vegetables while conserving the increasingly precious resource of water.”

The B Corp Certification is issued by B Lab, an independent non-profit organization that assesses a company’s entire social and environmental performance on more than 200 ESG topics. Certification is awarded to for-profit organizations that balance profit and purpose by meeting high standards in social and environmental performance, legal accountability and public transparency. An assessment must be completed every three years to maintain certification.

2021 Fight the Food Fight Sustainability Report
“Fight the Food Fight!” That’s the AppHarvest rally cry to build a robust, climate-resilient food system that’s better for both people and planet. It’s also the focus of AppHarvest’s third sustainability report detailing progress during fiscal year 2021 (January 1 to December 31, 2021) on the company’s three specific public benefit goals: empower individuals in Appalachia, improve the lives of company employees and the communities in which we operate and drive positive environmental change in agriculture. The report also discusses our approach to zero waste and actions we’re taking to reduce our energy and carbon footprint. The reporting in this report is in accordance with the GRI (Global Reporting Initiative) Content Index and SASB (Sustainability Accounting Standards Board)’s agriculture standards.

Highlights from the report that illustrate AppHarvest’s substantial environmental and social impact include:

• Hiring ~500 employees as of 2021 for certified living wage jobs in Central Appalachia and training them during COVID-19 while remaining safe.
• Continuously ramping up production at our first facility to deliver more sustainably grown tomatoes to top national grocery store chains and restaurants.
• Leveraging our closed-loop irrigation to use more than 90% less water than open-field agriculture while preventing runoff pollution of waterways in an era of exceptional water shortages around the world.
• Dedication to Integrated Pest Management as our primary line of defense against pests and disease and innovating in this space to reduce pesticide use.
• Progress on recycling and minimizing food waste.
• Leverage real-time data to optimize our production capabilities and innovate sustainability measures.

“2021 marks our first full year of operations, and we can more clearly see the opportunities, challenges and the critical need to leverage controlled environment agriculture (CEA) as a solution to many of the obstacles threatening our U.S. food supply —drought, wildfires, flooding, ice storms, extreme temperatures and exceptional wind events,” said AppHarvest Chief Sustainability Officer Jackie Roberts. “With our long-term commitment to doing right by our broad range of stakeholders across the ESG spectrum, we will continue to bring a focus on ensuring domestic food security and the ability for CEA to accomplish that while providing good jobs in agriculture in areas of the country that need it most.”

The full sustainability report is available here.

About AppHarvest
AppHarvest is a sustainable food company in Appalachia developing and operating some of the world’s largest high-tech indoor farms with robotics and artificial intelligence to build a reliable, climate-resilient food system. AppHarvest’s farms are designed to grow produce using sunshine, 100% rainwater and up to 90% less water than open-field growing, all while producing yields up to 30 times that of traditional agriculture and preventing pollution from agricultural runoff. AppHarvest currently operates its flagship farm – about the size of 50 football fields – in Morehead, Ky., producing tomatoes. The company is developing a network of farms to produce a variety of vine crops, salad greens and berries with three more farms currently under construction that are expected to be operational by the end of 2022. For more information, visit https://www.appharvest.com/.

Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “can,” “goal,” “target” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this press release, regarding AppHarvest’s intention to build high-tech CEA farms, the anticipated benefits of and production at such facilities, including implementation of a phased approach at each facility, timing and availability of tomatoes at top national grocery stores and restaurants, anticipated benefits of the second season harvest, AppHarvest’s future financial performance, as well as AppHarvest’s growth and evolving business plans and strategy, ability to capitalize on commercial opportunities, future operations, estimated financial position, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of AppHarvest’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of AppHarvest. These forward-looking statements are subject to a number of risks and uncertainties, including those discussed in the company’s Quarterly Report on Form 10-Q filed with the SEC by AppHarvest on May 3, 2022, under the heading “Risk Factors,” and other documents AppHarvest has filed, or that AppHarvest will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect AppHarvest’s expectations, plans, or forecasts of future events and views as of the date of this press release. AppHarvest anticipates that subsequent events and developments will cause its assessments to change. However, while AppHarvest may elect to update these forward-looking statements at some point in the future, AppHarvest specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing AppHarvest’s assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact: Darla Turner, Darla.Turner@appharvest.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/585f2a17-c626-4a42-994c-e40946bb8262

CARLSBAD, Calif., June 01, 2022 (GLOBE NEWSWIRE) -- Acutus Medical, Inc. (“Acutus” or the “Company”) (Nasdaq: AFIB), an arrhythmia management company focused on improving the way cardiac arrhythmias are diagnosed and treated, granted equity awards on June 1, 2022 that were approved by the Compensation Committee of its Board of Directors under Company’s 2022 Inducement Equity Incentive Plan, as a material inducement to employment to 3 individuals hired by Acutus in May 2022. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).

The employees received, in the aggregate, 10,000 restricted stock units (“RSUs”). One-fourth of the RSUs granted to each employee will vest yearly on each anniversary of the grant date, such that the RSUs granted to each employee will be fully vested on the fourth anniversary of the grant date, in each case, subject to each such employee’s continued employment with Acutus on such vesting date.

About Acutus Medical, Inc.
Acutus is an arrhythmia management company focused on improving the way cardiac arrhythmias are diagnosed and treated. Acutus is committed to advancing the field of electrophysiology with a unique array of products and technologies which will enable more physicians to treat more patients more efficiently and effectively. Through internal product development, acquisitions and global partnerships, Acutus has established a global sales presence delivering a broad portfolio of highly differentiated electrophysiology products that provide its customers with a complete solution for catheter-based treatment of cardiac arrhythmias. Founded in 2011, Acutus is based in Carlsbad, California.

Caution Regarding Forward-Looking Statements
This press release includes statements that may constitute “forward-looking” statements, usually containing the words “will,” “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the Company’s ability to continue to manage expenses and cash burn rate at sustainable levels, continued acceptance of its products in the marketplace, the effect of global economic conditions on the ability and willingness of customers to purchase the Company’s systems and the timing of such purchases, competitive factors, changes resulting from healthcare policy in the United States and globally, including changes in government reimbursement of procedures, dependence upon third-party vendors and distributors, timing of regulatory approvals, the impact of the coronavirus (COVID-19) pandemic and Acutus’ response to it, and other risks discussed in the Company’s periodic and other filings with the Securities and Exchange Commission. By making these forward-looking statements, Acutus undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor Contact:	Media Contact:
Caroline Corner	Holly Windler
Westwicke ICR	M: 619-929-1275
D: 415-202-5678	media@acutusmedical.com
caroline.corner@westwicke.com