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27 CEOs Launch the New York Jobs CEO Council

NEW YORK, Aug. 11, 2020 /PRNewswire/ — CEOs from 27 of the largest employers in the New York area are launching the New York Jobs CEO Council. The new CEO-led, results-oriented coalition will collaborate with educational institutions, community organizations and nonprofits to hire skilled workers, meet employer needs and connect New Yorkers — with a focus on low-income and Black, Latinx and Asian communities — with the skills that they need for today’s and…

The New York Jobs CEO Council will be led by Dr. Gail Mellow, who most recently served as President of LaGuardia Community College.

«Access to quality education and training for in-demand jobs is key to creating economic opportunity for youth and workers in New York,» said Dr. Mellow. «Our mission is to ensure people in New York’s most vulnerable communities can access the skills that they need to pursue promising career pathways and benefit from the city’s economic recovery.»

«The COVID crisis highlighted a sad societal truth: underserved communities too often pay the highest price, and as we work to build back better from this virus, New York is confronting this injustice head on,» Governor Andrew M. Cuomo said. «The new initiative will play an important role connecting underserved communities with career resources and access to New York’s world-class educational institutions, helping ensure economic prosperity is a dream anyone can realize, no matter their zip code.»

New York has the largest gross domestic product (GDP) of any Metropolitan Statistical Area (MSA) in the U.S. However, not all of the area’s residents are positioned to benefit from the city’s economy as it recovers from the impacts of the COVID-19 crisis. Even before the crisis, which has had a disproportionate impact on low-income Black, Latinx and Asian communities, unemployment in the Bronx was 85% higher than in Manhattan. At the same time, jobs in high demand have not been filled, with less than 400,000 unemployed workers but significantly more job openings in New York in 2018-2019.

By joining forces with local educational institutions, community organizations and nonprofits, the New York Jobs CEO Council members will use their collective resources, capital and network to scale proven employer solutions, build on successful models and share best practices to maximize the Jobs Council’s impact in creating pathways to stable careers for New Yorkers in low-income and diverse communities.

«The economic crisis brought on by COVID-19 has had a disproportionate impact on low-income communities of color, and our recovery starts with investing in them,» said Mayor Bill de Blasio. «I’m thankful the New York Jobs CEO Council is joining us to promote economic justice and provide opportunities for our City’s diverse workforce. Together, we will build back our economy fairer and stronger than ever before.»

The New York Jobs CEO Council’s co-chairs include: Jamie Dimon, CEO and Chairman, JPMorgan Chase; Carmine Di Sibio, Global Chairman and CEO, EY; Arvind Krishna, CEO, IBM; Kevin Sneader, Global Managing Partner, McKinsey & Company; and Julie Sweet, CEO, Accenture. Other initial members of the organization include: Ajay Banga, CEO, Mastercard; Jeff Bezos, Founder and CEO, Amazon; Michael Corbat, CEO, Citi; Steven J. Corwin, M.D., CEO, NewYork-Presbyterian; Kenneth Davis, M.D., President and CEO, Mount Sinai Health System; Brian Duperreault, CEO, AIG; Roger Ferguson, President and CEO, TIAA; Larry Fink, CEO and Chairman, BlackRock; Todd Gibbons, CEO, BNY Mellon; Peter Grauer, Chairman, Bloomberg L.P.; Meredith Kopit Levien, incoming President and CEO, The New York Times Company; John McAvoy, CEO, Con Edison; Brian Moynihan, CEO, Bank of America; Satya Nadella, CEO, Microsoft; Philip Ozuah, M.D., Ph.D., CEO, Montefiore Medicine; Sundar Pichai, CEO, Google; Charlie Scharf, CEO, Wells Fargo; David Solomon, Chairman and CEO, Goldman Sachs; Rob Speyer, President and CEO, Tishman Speyer; Stephen Squeri, Chairman and CEO, American Express; Craig Thompson, M.D., President and CEO, Memorial Sloan Kettering Cancer Center; and Hans Vestberg, CEO, Verizon.

The New York Jobs CEO Council will seek opportunities to engage additional CEOs in order to broaden its membership and ensure that companies of all sizes are represented.

Goals and Partners
The initial goal of the New York Jobs CEO Council is to hire early-career New Yorkers from low-income and Black, Latinx and Asian communities into stable jobs that set them on long-term career pathways.

The New York Jobs CEO Council will collaborate with CUNY to support student learning and the development of in-demand career pathways. These efforts will help 25,000 students who face barriers to economic opportunity secure entry-level jobs, apprenticeships and work-based learning opportunities with promising career trajectories at the New York Jobs CEO Council member companies.

«Having lifted generations of low-income New Yorkers into the middle class and beyond, CUNY’s singular academic quality and affordability set it apart as perhaps the most potent engine of social and economic advancement in the United States,» said Félix V. Matos Rodríguez, Chancellor, City University of New York. «Because of our vast reach and unparalleled ability to scale educational opportunities — from short-term certificates to doctoral degrees — CUNY is ideally positioned to prepare large numbers of diverse, adept New Yorkers to take advantage of the extraordinary opportunity that the New York Jobs CEO Council initiative represents. We look forward to working with many of the largest employers in the City in applying theoretical learning to real-world contexts and building on CUNY’s historic mission of high-quality education and service to underserved students and immigrant communities.»

In addition, to help more New Yorkers access modern youth apprenticeship opportunities, the New York Jobs CEO Council will adopt the CareerWise NY model of apprenticeship. CareerWise NY is an initiative that was incubated by nonprofit organization HERE to HERE and will now be established as an independent nonprofit.

«Our student interns and apprentices are motivated by doing ‘work that matters’ in a real-world setting and as part of a team. For them, this is the ideal way to acquire critical workplace skills and begin building a network. Employers are often surprised by how quickly they learn and are able to contribute. That’s why we are excited about the launch of the New York Jobs CEO Council,» said Abby Jo Sigal, Founding CEO of HERE to HERE. «For HERE to HERE, it is the fruition of an enormous amount of work over the past two years to help establish and help incubate the business council as well as CareerWise New York. The new Jobs Council will bring the opportunities for work-based learning to many more students. It’s a great investment in New York’s future and economic recovery and promises to be life changing for many of the students we work with in the Bronx and throughout the city.»

The New York Jobs CEO Council will also partner with organizations such as HERE to HERE and the New York City Department of Education to help scale relevant programs. Over time, the Jobs Council will seek to foster partnerships with additional educational institutions, community organizations and nonprofits.

In the future, the New York Jobs CEO Council will broaden the scope of its work to further expand its efforts to connect young people with in-demand jobs and support mid-career and transitioning workers.

More information about the Jobs Council’s goals and partners can be found here.

Leadership and Governance
Dr. Gail Mellow will serve as Executive Director of the New York Jobs CEO Council. Dr. Mellow most recently served as President of LaGuardia Community College, where she developed and executed the College’s strategy that increased credit enrollment, graduation rates and dramatically expanded workforce development programs. Stanford University research ranks LaGuardia among the top five community colleges in creating social mobility for its students.

Dr. Mellow has more than 30 years of experience in higher education. She is a nationally recognized leader on the changing landscape of higher education and strategies for moving low-income students into the middle class. Her leadership catalyzed collaboration between business and education resulting in thousands of new jobs and more profitable companies in New York City. Frequently appointed to national commissions on education and the workplace, she is also an active scholar with more than 20 books and articles.

More information on the Jobs Council’s leadership and governance structure can be found here.

About the New York Jobs CEO Council
The New York Jobs CEO Council is a results-oriented coalition of CEOs whose companies are collaborating to create a new talent pipeline that meets New York employers’ evolving needs, and to provide New Yorkers from low-income and diverse communities with the skills and resources they need for the future of work. The organization supports the development, testing, implementation and scaling of innovative and successful solutions that can prepare residents, especially those in communities that lack access to economic opportunity, for the rapidly evolving needs and demands of the workplace. The New York Jobs CEO Council companies aim to hire 100,000 New York residents by 2030, including 25,000 CUNY students.

Quotes from the Job Council’s Co-Chairs
«Many New Yorkers are stuck in low-paying jobs that could be lost in the future or are struggling to navigate the labor market as the COVID-19 crisis has further exacerbated the economic inequities in the city. As companies with a long-standing commitment to the New York area and its residents, we are using our collective power to prepare the city’s workforce with the skills of the future and helping New Yorkers who have been left behind get a foot in the door.» – Jamie Dimon, CEO and Chairman, JPMorgan Chase

«As a life-long New York area resident, I have seen the vast evolution of the job market in our area, but in recent years the changes have been swifter and more detrimental to those in low-income communities. The pandemic has exacerbated this trend. We must do more to make sure that the region is a place for all to thrive. The NY Jobs Council will help all New Yorkers get the training and skills they need to move up the economic ladder.» – Carmine Di Sibio, Global Chairman and CEO, EY

«The Jobs Council will create much-needed economic opportunities for New Yorkers in diverse and underserved communities. With COVID-19 amplifying existing social inequities, we are stepping up to boost social mobility by broadening access to skills, training and jobs. This will not only help companies tap into fresh new talent but also ensure that people of all backgrounds can reap the fruits of the city’s economic recovery and thrive in a fast-changing job market.» – Arvind Krishna, CEO, IBM

«Our research estimates that more jobs in the metro New York area are at risk from COVID-19 than anywhere else in the U.S. The pandemic is accelerating trends that were already reshaping the future of work, particularly for underserved communities and other vulnerable segments of the population. Our analysis also shows that giving people the right training, skills and support can have significant impact on their livelihoods, and we are proud to help the Jobs Council build a more resilient, inclusive workforce for all New Yorkers that can serve as a model for other communities.» – Kevin Sneader, Global Managing Partner of McKinsey & Company

«We look forward to working with our New York Jobs CEO Council partners to help advance equality and create opportunities for underserved New Yorkers. Now more than ever, professional apprenticeship and work-based learning programs play a critical role in closing the skills gap, helping people become job-ready for the roles of the future, and providing the support they need to realize their full potential.» – Julie Sweet, Chief Executive Officer, Accenture

Find more quotes from member CEOs here.

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SOURCE New York Jobs CEO Council

FlexJobs and Prudential Analyze the Impact of COVID-19 on Personal Finances

BOULDER, Colo., Aug. 11, 2020 /PRNewswire-PRWeb/ — According to a survey of more than 1,100 U.S.-based respondents interested in flexible work, more than half (53%) of people are…

BOULDER, Colo., Aug. 11, 2020 /PRNewswire-PRWeb/ — According to a survey of more than 1,100 U.S.-based respondents interested in flexible work, more than half (53%) of people are currently earning half or less of their pre-pandemic income. Approximately one-third (31%) of respondents have lost their entire income since the pandemic started. This survey was conducted by FlexJobs, fielded in partnership with Prudential (1), in late June 2020.

Almost half (46%) say their emergency savings wouldn’t last them more than three months and roughly a quarter (24%) said their savings would not even last one month. Overall, 62% of those surveyed do not have enough emergency savings to last six months.

Lack of Financial Wellness:
As a result of the pandemic, many have experienced a significant shift in their financial stability:

44% of respondents reported that they are currently struggling financially, whereas only 24% reported the same thing before the pandemic
21% said they were financially secure before COVID-19, and only 10% say the same thing now.

Immediate Financial Steps Taken:
84% of respondents are taking specific steps regarding their finances, many of which may have a negative long-term impact on their financial health, especially on their retirement planning. Collectively, 1 in 5 respondents made changes to their retirement savings, including stopping or reducing retirement contributions (12%) or withdrawing from their retirement savings (8%).

Other actions that people have taken or plan to take in the next three to six months to address their financial situation as a result of COVID-19 are:

Try to pick-up extra work/hours, looking for sources of additional income (49%)
Build my emergency savings (28%)
File for unemployment (28%)
Delay a major purchase, such as a car (25%)
Use my emergency savings (23%)

«At FlexJobs, we are deeply aware of how intricately jobs and finances are intertwined, which is why we have partnered with Prudential to gain a better understanding of the challenges that many people are now facing,» said Sara Sutton, Founder and CEO of FlexJobs. «We also co-hosted a financial wellness educational webinar to help educate workers about financial steps they can take during the pandemic and beyond. For the longer term, we established a financial wellness resource center to support their growing financial literacy and ultimately help them reach their financial goals,» Sutton concluded.

Pre-COVID-19 Finances:
The pandemic has only exacerbated tenuous financial conditions for many in the flexible workforce.

Just 30% agreed that they had a good plan in place in case they got sick or needed care in the short-term, and even fewer strongly agreed (12%).
Although over two-thirds say personal financial wellness is a key priority, only 50% agreed that they felt prepared to make informed decisions about their finances. When asked what’s keeping them back from feeling well-prepared, respondents cited the following obstacles:

Don’t know how to evaluate the different options (27%)
Don’t know what options are even available to them (23%)
Didn’t have strong role models when it comes to finances (23%)
Don’t understand the financial terms/jargon used (21%)
Not earning enough money (44%), high cost of living expenses (35%) and too much debt (26%) were the top reported reasons for not meeting financial goals before COVID-19.

Other factors preventing people from reaching their financial goals included not being disciplined enough about finances (23%), not having enough time to focus on financial goals (16%), and not having access to workplace benefits (e.g., health/dental/vision insurance, paid time off, disability insurance) (15%).

«The pandemic exposed the widening gap between the financially secure and insecure in this country – with people of color, women, younger generations, gig workers, and the retail workforce disproportionately impacted,» said Dawn Goldbacher, Vice President of Business Development at Prudential. «Access to protection, savings, education, and employment opportunities through the workplace and other channels are essential to recovery.»

Financial Products Accessed:

Respondents indicated that they or their spouses had:
Financial products: 97% have at least one kind of financial product
1. Checking accounts, savings accounts, money market accounts, or certificates
of deposit (93%)
2. Employer-sponsored retirement plan (401(k), 403(b), 457, pension, etc.) (52%)
3. Individual Retirement Account (IRA) that is NOT employer-sponsored (41%)
4. Investment accounts, NOT retirement-related (Individual stocks/bonds,
mutual funds, ETFs, etc.) (31%)
5. Health Savings Account (25%)
6. Education investment or savings account (529, Coverdell, etc.) (10%)

Insurance products: 87% have at least one kind of insurance product
1. Health insurance through an employer (57%)
2. Life insurance through your employer (33%)
3. Life insurance purchased on your own (not through an employer) (31%)
4. Health insurance not purchased through your employer (ACA, private plans,
long-term care, critical illness, etc.) (26%)
5. Disability insurance (14%)
6. None of these (13%)
7. Fixed or Variable Annuity (4%)

Estate planning products: More than half do not have any estate planning products
1. Will, estate plan, or trust (33%)
2. Healthcare proxy, living will, or power of attorney (24%)
3. None (56%)

On the Job Highlights:

46% of full-time employed respondents said their regular job was temporarily being done from home; 20% of total respondents were already working remotely
24% are currently using remote work to supplement their income
If given a choice, 71% would prefer to work remotely full-time once the pandemic is over, and 25% would prefer a combination of remote and office work
56% say they view remote work more favorably as a result of the pandemic
Roughly 1 in 5 (22%) are hoping to find a part-time or side gig to earn supplemental income

*Methodology
Demographic breakdown of the 1,100 U.S.-based respondents interested in flexible work. Gender: female (81%), Male (17%) Prefer not to identify (2%) Ages: 20-39 (29%), 40-59 (53%), 60+ (18%); Education: high school degree or equivalent (4%), some college but no degree (15%), associate or bachelor’s degree (48%), graduate degree (33%); Career level: entry-level (11%), experienced (56%), manager (21%), senior level or higher (12%). Household income: Less than less than $50,000 (35%), $50,000 to less than $75,000 (18%); $75,000 to less than $100,000 (17%), $100,000 to less than $150,000 (17%), $150,000+ (13%). 34% of respondents were unemployed and looking for work.

For the full report of the survey, conducted in June 2020, please visit https://www.flexjobs.com/blog/post/flexjobs-prudential-survey-covid-19-personal-finances/ or contact Kathy Gardner at kgardner@flexjobs.com for more information.

(1) Financial wellness content, tools and solutions are provided through Prudential Workplace Solutions Group Services, LLC («PWSGS»). PWSGS is a subsidiary of Prudential Financial, Inc. PWSGS is not a licensed insurance company, does not provide insurance products or services, and does not provide investment or other advice. For more information, visit http://www.prudential.com/flexjobs.

About FlexJobs
FlexJobs is a premium online job service for professionals seeking flexible work, specializing in full-time and part-time remote jobs, employee and freelance jobs, and on-site jobs with flexible, part-time, and alternative schedules. Since its start in 2007, FlexJobs has helped more than 4 million people in their job searches and has created the largest vetted database of legitimate flexible job opportunities in over 50 career categories. In addition, FlexJobs provides robust career support, including curated expert resources and career coaching services, to partner with job seekers in all phases of their journey. A trusted source in the media, FlexJobs has been cited in top national outlets such as CNN, Wall Street Journal, New York Times, CNBC, Forbes, and many others. FlexJobs’ Founder & CEO Sara Sutton has also launched two additional partner sites, Remote.co and 1 Million for Work Flexibility, to help provide education and awareness about the viability and benefits of flexible work. Sutton is the creator of The TRaD* Works Forum (*Telecommuting, Remote, & Distributed), dedicated to helping companies leverage the benefits of telecommuting, remote and distributed teams.

About Prudential Financial

Prudential Financial, Inc. (NYSE:PRU), a financial wellness leader and premier active global investment manager with more than $1 trillion in assets under management as of March 31, 2020, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information and additional research on Americans’ financial health before and during the COVID19 crisis, please visit Prudential.com/Census.

SOURCE FlexJobs

Los secretos de una familia disfuncional revelados en Tele N

West Palm Beach, Florida, 11 de agosto, 2020 /PRNewswire-HISPANIC PR WIRE/ — Tele N, el canal de televisión que cuenta con la mejor selección de películas de la época de oro del cine mexicano, además de las series y telenovelas más populares provenientes de todas partes del mundo, estrena el drama La Chica Griega, una serie de televisión producida en Ucrania para atraer un gran número de seguidores debido a que los principales personajes de la historia tienden a comportarse de variadas formas siguiendo…

El personaje principal, Tanya, trabaja en un museo de provincia como especialista en arte de la Grecia antigua. Gracias a su pasión profesional conoce e inmediatamente contrae matrimonio con un atractivo y adinerado comerciante de arte llamado Gregory, pero la situación se complica al terminar la luna de miel, cuando se percata que el compromiso conlleva el manejo de otras relaciones pertenecientes al círculo familiar de su esposo: una madre dominante, una hermana sin carácter y una amante intrigante.

El personaje masculino principal, Gregory, ha sido dependiente y acostumbrado a los lujos de su familia desde la niñez hasta la vida adulta. El joven creció sin la referencia de la figura paterna, bajo el dominio de su madre Sophia, quien siempre fue considerada una mujer ambiciosa y en busca del poder. Ella disfrutó de un lujoso estilo de vida y les dio a sus hijos todo lo que necesitaban – dinero e incluso tiendas de antigüedades. Gregorio y su hermana crecieron muy malcriados.

Sophia, como la madre de Gregory, hará todo lo que este en su alcance para destruir a Tanya, la esposa de su hijo. Sophia no es capaz de mantener una actitud positiva frente a nada. Puede ser descrita como impertinente y fría, incluso llega a ser muy reservada y no les permite a sus hijos expresar sus sentimientos. Nadie en el ambiente familiar es capaz de reconocer la tensión que crea vivir en un ambiente de relaciones toxicas en donde entre ellos no saben reconocer cuando uno es menos amable que el otro.

Tele N forma parte de los canales de Olympusat, Inc., y se encuentra actualmente disponible en la mayoría de los principales proveedores de televisión por cable.

Para más información sobre el contenido de Tele N, incluyendo las fechas y horarios de su programación visite o www.olympusat.com/networks/tele-n/

Olympusat – Contacto de Prensa:
Jesus Piñango
Director Senior de Noticias
jesus@olympusat.com

FUENTE Tele N

VOXX International Corporation Announces Subsidiary Name Change

ORLANDO, Fla., Aug. 11, 2020 /PRNewswire/ — VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive, consumer and biometrics technologies, announced today it has changed the legal name of its wholly owned subsidiary from Klipsch Holding, LLC to Premium Audio Company, LLC. This move is a result of the Company’s growing brand portfolio and recently announced distribution alliance with Onkyo & Pioneer Corporation.

Under the new structure, there…

Under the new structure, there will be two subsidiaries within Premium Audio Company, LLC (PAC):

– Klipsch Group, Inc. – which includes the Klipsch, Jamo, Energy, and ProMedia speaker brands;
– 11 Trading Company, LLC (11 TC) – the newly formed distribution company with exclusive distribution rights in the Americas to the Onkyo, Pioneer, Pioneer Elite, and Integra brands, as well as rights with respect to the Magnat and Heco brands.

Pat Lavelle, President and CEO of VOXX International Corporation stated, «Our goal was to avoid brand confusion and under the PAC umbrella, we have accomplished that. We took steps over the past year to realign our global operations, and now, with the addition of the Onkyo, Pioneer, Pioneer Elite, and Integra brands, this is a logical step. All will fall under the leadership of Paul Jacobs and the transition will be seamless for our customers. The Klipsch product portfolio and the premium audio category in its entirety, are poised for a strong year.»

Paul Jacobs remains President and CEO of the Premium Audio Company, LLC subsidiary. Mr. Jacobs added, «Klipsch remains our flagship brand within our premium audio portfolio and we are expecting significant growth this year with new products coming to market and our expanded distribution. We will also be bringing to the U.S. market some of our international brands, while offering our customers and consumers a much wider assortment of high-end premium audio products. We look forward to the coming year and building our business through innovation.»

As announced on July 30, 2020, Klipsch and Onkyo & Pioneer Corporation expanded their alliance to include the distribution of Onkyo, Pioneer, Pioneer Elite, and the Integra brands in the Americas. Distribution will run through a newly created subsidiary, 11 Trading Company, LLC, and will include products ranging from AV receivers to HiFi equipment, mini systems, smart speakers, turntables, sound bars, home theater systems, optical disc players and more, broadening the Company’s portfolio to include a diverse mix of audio products. Onkyo & Pioneer Corporation will continue to distribute Klipsch-branded products in Japan.

About VOXX International Corporation
VOXX International Corporation (NASDAQ: VOXX) has grown into a leader in Automotive Electronics and Consumer Electronics, with emerging Biometrics technology to capitalize on the increased need for advanced security. Over the past several decades, with a portfolio of approximately 35 trusted brands, VOXX has built market-leading positions in in-vehicle entertainment, automotive security, reception products, a number of premium audio market segments, and more. VOXX is a global company, with an extensive distribution network that includes power retailers, mass merchandisers, 12-volt specialists and many of the world’s leading automotive manufacturers. For additional information, please visit our website at www.voxxintl.com.

About Premium Audio Company
Established in 2020, Premium Audio Company is the most innovative, complete and high-end premium audio solutions provider in consumer technology. We connect people to their passion for entertainment. Premium Audio Company comprises two subsidiaries and includes some of the most legendary and revered brands such as Klipsch, Jamo, Mirage, ProMedia, Magnat, Heco, Mac Audio, Onkyo, Pioneer, Pioneer Elite, and Integra. Premium Audio Company, LLC is a wholly owned subsidiary of VOXX International Corporation (NASDAQ: VOXX).

Safe Harbor Statement
Except for historical information contained herein, statements made in this release constitute forward-looking statements and thus may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumes no responsibility to update any such forward-looking statements. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to the: risk factors described in the Company’s annual report on Form 10-K for the fiscal year ended February 29, 2020 and other filings made by the Company from time to time with the SEC. The factors described in such SEC filings include, without limitation: the impact of the COVID-19 outbreak on the Company’s results of operations, the Company’s ability to realize the anticipated results of its business realignment; cybersecurity risks; risks that may result from changes in the Company’s business operations; our ability to keep pace with technological advances; significant competition in the automotive electronics, consumer electronics and biometrics businesses; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; foreign currency fluctuations; and restrictive debt covenants. Many of the foregoing risks and uncertainties are, and will be, exacerbated by the COVID-19 pandemic and any worsening of the global business and economic environment as a result. The Company assumes no obligation and does not intend to update these forward-looking statements.

VOXX Investor Relations Contact	Klipsch Company Contact
Glenn Wiener	Jill Escol
President and CEO	Klipsch Group, Inc.
GW Communications (for VOXX)	(317) 860-8721
gwiener@GWCco.com	jill.escol@klipsch.com

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SOURCE VOXX International Corporation

The Transformative Power of the Lived Experiences of Women Just in Time for Wellness Month

NEW YORK, Aug. 11, 2020 /PRNewswire/ — Transformational mindset and success coach Leisse Wilcox (http://leissewilcox.com) is launching her first book, To Call Myself Beloved: a Story of Hope, Healing, and Coming Home, on Aug. 11, 2020, on Amazon.com. Wilcox is also celebrating the release with a Virtual Launch Party on Aug. 11; to celebrate with Leisse Wilcox, join the virtual party.

Equal parts self-help, memoir, and cozied up on the couch talking to a trusted friend, To Call Myself Beloved details Leisse’s process of overcoming childhood trauma, divorce, and breast cancer, and how it has led her to find clarity in what she wants, confidence in who she is, and the courage to stay true to both — and, specifically, how other women can, too.

In her book, Leisse describes how she combines the wisdom of her lived experience together with strategic self-development techniques to help women transform their dark, heavy, uncomfortable, and scary experiences into something beautiful, light, golden, and uniquely their own through a unique process she calls Emotional Alchemy. Leisse has been featured in Forbes, TEDx, Elephant Journal, NPR, Thrive Global, ABC 7, Medium, the Toronto Star, and more.

«This is the book I wish had existed when I was going through the process of waking up my own life,» states author Leisse Wilcox. «I’m proud to be able to share my lived experience through a lot of adversity and have it become a catalyst for positive change for other women. This book will change your life.»

To Call Myself Beloved is published by YGT Mama, a boutique publishing house for mission-driven women.

For more information on Leisse Wilcox, contact heather@publicityforgood.com.

About Leisse Wilcox

Leisse Wilcox is a transformational mindset + success coach who is changing the global conversation on emotional health and self-love.

Featured in Forbes, ABC, Elephant Journal, the Toronto Star, and Thrive Global, Leisse’s intention is to guide people to come home to themselves, giving them permission to live authentically.

A passionate (and TEDx) speaker, dynamic thought leader, author, NLP practitioner, top podcast host, cancer survivor, mom of three, and taco enthusiast, her entire experience has been about coming home to her truest self and to call herself «beloved,» knowing intimately that changing the world starts by making the changes we want to see within ourselves first.

Catch the author of «To Call Myself Beloved: a Story of Hope, Healing, and Coming Home» on Season 2 of Amazon Prime’s The Social Movement and contact her via LeisseWilcox.com for online courses and to work privately with her.

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SOURCE Leisse Wilcox

Bed Bath & Beyond® Launches College From Home – The Destination For At Home Dorm Rooms And Virtual Learning

UNION, N.J., Aug. 11, 2020 /PRNewswire/ — Today, Bed Bath & Beyond^® the experts on college living, launches College from Home, a shopping experience dedicated to helping parents and college students redesign their childhood bedrooms as remote learning spaces for the fall semester. As the destination for college, Bed Bath & Beyond will provide expert tips for creating remote learning spaces with the new College from Home website section. In partnership with sister brand Decorist, an online interior design service, the College from Home section will offer free design tips, curated assortments and inspiration for students to create functional learning spaces at home. Whether students are studying on campus, living in an apartment or studying at home, Bed Bath & Beyond is here to help by offering value-driven products, solutions and a College Savings Pass.

With the uncertainty of how exactly the COVID-19 pandemic will impact college and university campuses, many schools are opting for virtual college courses this fall. As a result, many students will be living at home in their childhood bedrooms instead of campus dormitories. Shopping for and decorating a dorm room is a rite of passage for college-bound students and College from Home provides inspiration to design a stylish and functional bedroom that feels like college.

«As the college destination for countless students across the country, whether studying at home or on campus, we know this fall won’t bring the typical college experience every student looks forward to,» says Joe Hartsig, Executive Vice President and Chief Merchandising Officer of Bed Bath & Beyond. «College from Home brings the dorm experience to life for students by showcasing essential product solutions, paired with design inspiration to turn their childhood bedrooms and work spaces into functional spaces for remote learning.»

Starting today, the College from Home section will feature virtual learning and study at home dorm essentials including lap desks, organization tools, accessories, and bedding to transform childhood bedrooms into dreamy dorm spaces. The design team at Decorist created three room examples to help inspire for students to create authentic spaces including:

Chill Camp Vibes: a natural and rustic vibe, with muted colors and outdoorsy elements for a camping-out feel
Low-Key Bohemian: bright and cozy, with vintage-inspired pieces and cool modern touches
Modern Glam: pink and gold with plenty of plush, fluffy accents that come together for a mature, chic look

«College students are adjusting to a new learning environment this year. In July, we saw searches on our site up more than 200% for desks and office chairs compared to the same period last year. They need design guidance and inspiration to create a conducive space —whether they’re living at home or on campus. With that in mind, and along with insights from current students, we designed these spaces to set students up for academic success, as well as to be cozy, comfortable, and personal,» said Cindy Davis, Executive Vice President and Chief Brand Officer of Bed Bath & Beyond and President of Decorist.

«In our survey of college students, about seven in ten students¹ say decorating their dorm is important to them, and their dorm decor is an expression of self. Students shared they seek to create a space to feel ‘at home’ which is our core brand purpose and what we want to help them achieve with these inspirational designs.»

To create an upgraded dorm-inspired bedroom at home, Decorist provides help with a style quiz or the option to collaborate with a Decorist designer. It also provides several tips for students and their parents to consider before shopping:

Create a Cohesive Look: Before shopping, students should think about the look they want to go for and get inspired!
Take a Seat: Comfortable, back-friendly seating options are essential for studying and learning remotely, while a comfortable chair and ottoman will make reading and study breaks cozier.
Brighten Up: Don’t forget to include adequate lighting and even consider lamps with a USB port to keep devices charged and ready to go.
Express Yourself: Artwork and décor will not only make a space stand out, but also acts as a virtual backdrop for video classes
Make It Comfy: While having a dedicated study space is important, it’s equally as important to have a comfortable bed and relaxation corner to relax from studying and get a good night’s rest
Sleep in Style: As the main focal point of a bedroom, bedding is a key place to showcase style through pillows, throws, and even curtains.
Get Organized: With the childhood bedroom acting as a space to learn and relax, organizing textbooks and paperwork on bookcases or in filing cabinets will help keep students on track and everything in its place.
Fuel Up: Even though the kitchen may be a short walk away, having a small refrigerator or a personal coffee maker will help keep students fueled while studying.

For college this season, students and parents can take advantage of many services including newly introduced 2-hour Buy-Online-Pickup-In-Store (BOPIS) and contactless Curbside Pickup services, to make the college shopping experience as safe and easy as possible. A newly created Healthy Living assortment also offers essentials for those students returning to campus living, including face masks, thermometers, and cleaning supplies. Customers receive great value when they sign up for the College Savings Pass and receive 20% off their entire purchase every time they shop on made-to-last items, with unlimited use in-store or online through September 30, 2020. Standard coupon exclusions apply. Sign up at www.bedbathandbeyond.com/CSP.

For more information about our college offerings, visit www.bedbathandbeyond.com/shopforcollege. Customers can visit College from Home at www.bedbathandbeyond.com/collegefromhome.

About Bed Bath & Beyond:
Bed Bath & Beyond Inc. and subsidiaries (the «Company») is an omnichannel retailer that makes it easy for our customers to feel at home. The Company sells a wide assortment of domestic merchandise and home furnishings. The Company also provides a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond.

Bed Bath & Beyond operates websites at bedbathandbeyond.com, bedbathandbeyond.ca.

About Decorist:
Decorist is an online interior design company that makes decorating a home easy and affordable. Executed entirely online, Decorist’s roster of over 400 professional interior designers help beautifully design any room in the home, staying within a client’s style and budget. Decorist’s services makes ordering all of the components for a room easy and fast, at the best possible prices. And for customers not ready to start a full design project, they can consult Decorist’s Design Bar to have quick design questions answered by Decorist’s team of interior designers, completely free of charge. The company is a subsidiary of Bed Bath & Beyond Inc.

¹Source: Student Dorm Decor Study (May, 2020); online survey among a national sample of n=360 Gen Z Americans, ages 16-24, who lived in an on-campus dorm in the past two years and/or plan to live in an on-campus dorm in the next year.

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SOURCE Bed Bath & Beyond

Excess Weight Among Pregnant Women May Interfere With Child’s Developing Brain

NEW YORK, Aug. 11, 2020 /PRNewswire/ — Led by researchers at NYU Grossman School of Medicine, the investigation linked high body mass index (BMI), an indicator of obesity, to changes in two brain areas, the prefrontal cortex and anterior insula. These regions play a key role in decision-making and behavior, with disruptions having previously been linked to attention-deficit/hyperactivity disorder (ADHD), autism, and overeating.

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In their new study, publishing online August 11 in the Journal of Child Psychology and Psychiatry, the investigators examined 197 groups of metabolically active nerve cells in the fetal brain. Using millions of computations, the study authors divided the groups into 16 meaningful subgroups based on over 19,000 possible connections between the groups of neurons. They found only two areas of the brain where their connections to each other were statistically strongly linked to the mother’s BMI.

«Our findings affirm that a mother’s obesity may play a role in fetal brain development, which might explain some of the cognitive and metabolic health concerns seen in children born to mothers with higher BMI,» says Moriah Thomason, PhD, the Barakett Associate Professor in the Department of Child and Adolescent Psychiatry at NYU Langone Health.

As obesity rates continue to soar in the United States, it is more important than ever to understand how the condition may impact early brain development, says Thomason, who is also an associate professor in the Department of Population Health at NYU Langone.

Previous studies showing an association between obesity and brain development had mostly looked at cognitive function in children after birth. The new investigation is believed to be the first to measure changes in fetal brain activity in the womb, and as early as six months into pregnancy.

Thomason says this approach was designed to eliminate the potential influence of breast feeding and other environmental factors occurring after birth and to examine the earliest origins of negative effects of maternal BMI on the developing child’s brain.

For the investigation, the research team recruited 109 women with BMIs ranging from 25 to 47. (According to the National Institutes of Health, women are considered «overweight» if they have a BMI of 25 or higher and are «obese» if their BMI is 30 and higher.) The women were all between six and nine months’ pregnant.

The research team used MRI imaging to measure fetal brain activity and map patterns of communication between large numbers of brain cells clustered together in different regions of the brain. Then, they compared the study participants to identify differences in how groups of neurons communicate with each other based on BMI.

The investigators caution that their study was not designed to draw a direct line between the differences they found and ultimate cognitive or behavioral problems in children. The study only looked at fetal brain activity. But, Thomason says, they now plan to follow the participants’ children over time to determine whether the brain activity changes lead to ADHD, behavioral issues, and other health risks.

Funding for the study was provided by National Institutes of Health grants R01 MH110793, R34 DA050287, R01 MH122447, and R21 ES026022.

In addition to Thomason, other NYU researchers involved in the study included Carly Lenniger, BS. Megan Norr, BA, of the University of California Berkeley, served as the study lead author. Additional research support was provided by Jasmine Hect, BS, of Wayne State University in Detroit, Michigan, and Martijn van den Heuvel of VU University Medical Center in Amsterdam, the Netherlands.

Media Inquiries
Shira Polan
212-404-4279
shira.polan@nyulangone.org

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SOURCE NYU Langone Health

New NPG Forum Paper Links Climate Change, Migration, and National Security to Population Growth and Sustainability

ALEXANDRIA, Va., Aug. 11, 2020 /PRNewswire-PRWeb/ — As record breaking heatwaves continue to scorch the nation, Negative Population Growth, Inc. has published a new Forum Paper, titled Climate Change, Migration and National Security. Authored by Edwin S. Rubenstein, the paper discusses global warming as it relates to migration and how, in turn, that migration could be a threat to national security. Rubenstein begins his work establishing that climate change affects at least 30% of the world’s population, saying: «As climate change accelerates, as much as one-third of world population could live in places that most humans consider too hot for habitation.» He also zeroes in on Sub-Saharan Africa, the hottest region in the world, to highlight their experience, noting that it is «home to some of the poorest and most rapidly growing populations on the planet. More impoverished people fighting for less water and arable land leaves modern technology and conveniences out of reach for all but the privileged few.»

Climate change expedites migration away from lands that are no longer able to produce and sustain livelihoods. Examples of this type of migration can be seen in Central America where the temperature has risen 0.5C since 1950 and there is a significant increase in young adults moving from farm-to-city in search of jobs. Times of internal migration in the U.S. are also prevalent throughout history. Rubenstein recalls the Dust Bowl exodus of the 1930s in the Great Plains as a large scale example of a migration of people forced to leave decades and generations of hard work to start fresh somewhere new, stating: «Between 1930 and 1940, approximately 3.5 million people moved out of the plains states, most of them to California.»

Bringing readers back to present day, Rubenstein explains why, after the U.S. and Central America have experienced droughts worse than those of the 1930s, U.S. residents have not migrated to new locations like so many Central Americans have, stating: «Climate change has already produced droughts equal to or worse than those of the 1930s – but mass migration is nowhere to be seen. Intense irrigation, fertilizers, pesticides, and genetically modified crops enable immense crops year after year whether it rains or not. Machines and science have replaced much of the role of labor in U.S. agriculture. Central American farmers operate on such a small scale they cannot afford the technological advancements available to their American counterparts.»

National security is a necessary part of the global-warming-and-its-effects conversation because of its ties to other national concerns. Rubenstein highlights these issues, saying: «Climate is not the only factor at work. Some researchers say long-standing racial and ethnic tensions, corruption, economics, and governmental incompetence, are even more important. At most, they say, climate change is a ‘threat multiplier’ for countries that were fragile long before global warming was evident. Still other scholars find that drought can push long-simmering tensions to a breaking point, leading to violent conflict.»

Rubenstein holds that as temperatures continue to shift «some populations may adapt…embracing new agriculture and technologies or population controls. But for many poor nations, migration may be the only feasible option.» In conclusion, Rubenstein maintains a cautious outlook, stating: «With global population expected to rise to about 10 billion by 2070, this implies that as many as 3.5 billion people could migrate to cooler climates. Migration of this magnitude, even if contained within national borders, presents a threat to U.S. national security.»

NPG’s Executive Vice President Craig Lewis commented on Rubenstein’s work, saying: «Every corner of the Earth is affected by climate change, and population growth, especially in regions known for droughts and farm-to-city migration, is not sustainable. In order to protect our natural resources and maintain our national security we must work together to slow, halt, and eventually reverse population growth.»

Founded in 1972, NPG is a national nonprofit membership organization dedicated to educating the American public and political leaders regarding the damaging effects of population growth. We believe that our nation is already vastly overpopulated in terms of the long-range carrying capacity of its resources and environment. NPG advocates the adoption of its Proposed National Population Policy, with the goal of eventually stabilizing U.S. population at a sustainable level – far lower than today’s. We do not simply identify the problems – we propose solutions. For more information, visit our website at NPG.org, follow us on Facebook @NegativePopulationGrowth or follow us on Twitter @npg_org.

SOURCE Negative Population Grwoth

Avanti Restaurant Solutions launches VirtualCapture™ Technology Services to provide the fastest and most accurate design documentation for its commercial kitchen clients

COSTA MESA, Calif., Aug. 11, 2020 /PRNewswire-PRWeb/ — Avanti Restaurant Solutions introduces unparalleled accuracy to data documentation through its new Avanti VirtualCapture™ (VCap) Technology Services. The Avanti Design Studio teams now have unique in-house capabilities to prepare fully interactive as-built designs for clients in days, not weeks, for easier visualization, project planning and change order review. VCap harnesses the speed and power of precise point cloud scans and converts them…

«Our clients put a high value on the innovations and investments Avanti has made over time for faster collaboration and more efficient coordination between our Design Studio and their teams,» said Avanti CEO and Founder, Mark Rossi.

«Avanti’s introduction of VirtualCapture™ Services is a bold technology step forward for our industry in site survey documentation, project plan accuracy, and flat-out speed to market. It’s particularly well-suited for historical, urban and municipal projects, where VCap’s accuracy to the millimeter can make a critical difference for new-build and renovation projects.»

Avanti VirtualCapture™ is an integral part of Avanti’s expertise as a leading edge partner in architectural, engineering & construction work for commercial kitchen design & equipment planning.

About Avanti Restaurant Solutions

Avanti is a leader in commercial kitchen design, equipment and services, serving national and regional restaurant, entertainment and hotel/hospitality chains, as well as retail and other foodservice facility needs. Avanti’s on-staff expertise includes in-house project management and equipment sourcing, the Design Studio and VirtualCapture™ Services – to support clients’ concepts and projects from culinary vision to restaurant opening. Avanti means «Forward» and since our start in 2003, we have provided solutions and services to help restaurant and foodservice owner/operators move their businesses forward faster – across more than 3,500 locations in the U.S. and Canada.

#AvantiMeansForward
https://www.linkedin.com/company/avanti-restaurant-solutions
http://www.avanticorporate.com

SOURCE Avanti Restaurant Solutions

Protalix BioTherapeutics and Chiesi Global Rare Diseases Announce U.S. Food and Drug Administration Acceptance of Biologics License Application (BLA) for Pegunigalsidase Alfa for the Proposed Treatment of Fabry Disease and Grants Priority Review

CARMIEL, Israel, Aug. 11, 2020 /PRNewswire/ — Protalix BioTherapeutics, Inc. (NYSE American: PLX) (TASE: PLX), a biopharmaceutical company focused on the development, production and commercialization of recombinant therapeutic proteins produced by its proprietary ProCellEx^® plant cell-based protein expression system, or the Company, together with its development and commercialization partner Chiesi Global Rare Diseases, a unit of Chiesi, an international research-focused healthcare group, today announced that the U.S. Food and Drug Administration (FDA) has accepted the Biologics License Application (BLA) and granted Priority Review designation for pegunigalsidase alfa for the proposed treatment of adult patients with Fabry disease. The BLA was submitted via the FDA’s Accelerated Approval pathway. Pegunigalsidase alfa is the Company’s purposefully designed, long-acting recombinant, PEGylated, cross-linked α-galactosidase-A investigational product candidate. The FDA set an action date of January 27, 2021, under the Prescription Drug User Fee Act (PDUFA). The FDA also indicated in the BLA filing communication letter that it is not currently planning to hold an advisory committee meeting to discuss the application.

Priority Review is granted to therapies that the FDA determines have the potential to provide significant improvements in the treatment, diagnosis or prevention of serious conditions. This designation shortens the FDA review period following the acceptance of the BLA to six months compared to 10 months under standard review. Pegunigalsidase alfa was granted Fast Track designation by the FDA in January 2018.

The BLA submission includes a comprehensive set of preclinical, clinical and manufacturing data compiled from the Company’s completed Phase I/II clinical trial of pegunigalsidase alfa, including the related extension study succeeding the Phase I/II clinical trial, interim clinical data from the Phase III BRIDGE switch-over study and safety data from the Company’s on-going clinical studies of PRX–102 in patients receiving 1 mg/kg every other week.

«The FDA’s acceptance of the BLA and grant of priority review for PRX-102 are significant achievements for Protalix and Chiesi, and represent a crucial step forward as we look to establish a new treatment option to the Fabry patient community,» said Dror Bashan, Protalix’s President and Chief Executive Officer. «Based on the encouraging results for PRX-102 we have seen to date, we are eager to continue discussions with the FDA and to continue our other development efforts for PRX-102, as marketing approval of PRX-102 is our top priority.»

«PRX-102 represents an important advance in research with the potential to deliver significant advantages to patients with Fabry disease,» said Giacomo Chiesi, Head of Global Rare Diseases. «We are very encouraged by the strong interest in this therapy among both patients and clinicians and we look forward to the prospect of making it available to patients around the world who can benefit from treatment.»

About Fabry Disease

Fabry disease is an X-linked inherited disease that results from deficient activity of the lysosomal α–Galactosidase–A enzyme resulting in progressive accumulation of abnormal deposits of a fatty substance called globotriaosylceramide (Gb₃) in blood vessel walls throughout a person’s body. Fabry disease occurs in one person per 40,000 to 60,000. Fabry patients inherit a deficiency of the α–Galactosidase–A enzyme, which is normally responsible for the breakdown of Gb₃. The abnormal storage of Gb₃ increases with time and, accordingly, Gb₃ accumulates, primarily in the blood and in the blood vessel walls. The ultimate consequences of Gb₃ deposition range from episodes of pain and impaired peripheral sensation to end-organ failure – particularly of the kidneys, but also of the heart and the cerebrovascular system.

About Pegunigalsidase Alfa

Pegunigalsidase alfa (PRX–102) is an investigational, plant cell culture-expressed, and chemically modified stabilized version of the recombinant α-Galactosidase-A enzyme. Protein sub-units are covalently bound via chemical cross-linking using short PEG moieties, resulting in a molecule with unique pharmacokinetic parameters. In clinical studies, PRX–102 has been observed to have a circulatory half-life of approximately 80 hours. The Company designed PRX–102 to potentially address the continued unmet clinical need in Fabry patients.

About Chiesi Global Rare Diseases

Chiesi Global Rare Diseases is a business unit of the Chiesi Group established in February 2020 and focused on research and development of treatments for rare and ultra-rare disorders. The Global Rare Diseases unit works in collaboration with Chiesi Group to harness the full resources and capabilities of our global network to bring innovative new treatment options to people living with rare diseases, many of whom have limited or no treatments available. The unit is also a dedicated partner with global leaders in patient advocacy, research and patient care. For more information visit www.chiesiglobalrarediseases.com.

About Chiesi Group

Based in Parma, Italy, Chiesi Farmaceutici is an international research-focused healthcare group with 85 years of experience in the pharmaceutical industry and a global presence in 29 countries. Chiesi researches, develops, and markets innovative drugs in the respiratory therapeutics, specialist medicine, and rare disease areas. Its R&D organization is headquartered in Parma (Italy), and is integrated with R&D groups in France, the USA, the UK, and Sweden to advance Chiesi’s pre-clinical, clinical, and registration programs. Chiesi employs nearly 6,000 people. Chiesi Group is a certified Benefit Corporation. For more information www.chiesi.com.

About Protalix BioTherapeutics, Inc.

Protalix is a biopharmaceutical company focused on the development and commercialization of recombinant therapeutic proteins expressed through its proprietary plant cell-based expression system, ProCellEx^®. Protalix was the first company to gain U.S. Food and Drug Administration (FDA) approval of a protein produced through plant cell-based in suspension expression system. Protalix’s unique expression system represents a new method for developing recombinant proteins in an industrial-scale manner.

Protalix’s first product manufactured by ProCellEx, taliglucerase alfa, was approved for marketing by the FDA in May 2012 and, subsequently, by the regulatory authorities of other countries. Protalix has licensed to Pfizer Inc. the worldwide development and commercialization rights for taliglucerase alfa, excluding Brazil, where Protalix retains full rights.

Protalix’s development pipeline consists of proprietary versions of recombinant therapeutic proteins that target established pharmaceutical markets, including the following product candidates: pegunigalsidase alfa, a modified version of the recombinant human α–Galactosidase–A protein for the proposed treatment of Fabry disease; OPRX–106, an orally-delivered anti-inflammatory treatment; alidornase alfa for the treatment of Cystic Fibrosis; PRX–115, a plant cell-expressed recombinant PEGylated Uricase for the treatment of gout; and others. Protalix has partnered with Chiesi Farmaceutici S.p.A., both in the United States and outside the United States, for the development and commercialization of pegunigalsidase alfa.

Forward-Looking Statements

To the extent that statements in this press release are not strictly historical, all such statements are forward-looking, and are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. The terms «expect,» «anticipate,» «believe,» «estimate,» «project,» «plan,» «should» and «intend,» and other words or phrases of similar import are intended to identify forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual future experience and results to differ materially from the statements made. These statements are based on our current beliefs and expectations as to such future outcomes. Drug discovery and development involve a high degree of risk and the final results of a clinical trial may be different than the preliminary findings for the clinical trial. Factors that might cause material differences include, among others: that the FDA might not grant marketing approval for PRX–102 by the PDUFA date or at all and, if approved, whether PRX–102 will may have significant limitations on its use or be commercially successful; failure or delay in the commencement or completion of our preclinical and clinical trials which may be caused by several factors, including: risks that the FDA will request additional data or other conditions of our submission of any application for Accelerated Approval of PRX–102; slower than expected rates of patient recruitment; unforeseen safety issues; determination of dosing issues; lack of effectiveness during clinical trials; inability to monitor patients adequately during or after treatment; and inability or unwillingness of medical investigators and institutional review boards to follow our clinical protocols; risks associated with the novel coronavirus disease (COVID–19) outbreak, which may adversely impact our business, preclinical studies and clinical trials; the risk that the results of the clinical trials of our product candidates will not support our claims of safety or efficacy, that our product candidates will not have the desired effects or will be associated with undesirable side effects or other unexpected characteristics; risks related to our ability to maintain and manage our relationship with Chiesi Farmaceutici and any other collaborator, distributor or partner; risks related to the amount of our future revenues and expenditures; the risk that despite the FDA’s grant of Fast Track designation for PRX-102, we may not experience a faster development process, review or approval compared to applications considered for approval under conventional FDA procedures; risks related to the FDA’s ability to withdraw the Fast Track designation at any time; our dependence on performance by third party providers of services and supplies, including without limitation, clinical trial services; delays in the approval or potential rejection of any applications we file with the FDA or other health regulatory authorities, and other risks relating to the review process; the inherent risks and uncertainties in developing drug platforms and products of the type we are developing; the impact of development of competing therapies and/or technologies by other companies and institutions; potential product liability risks, and risks of securing adequate levels of product liability and other necessary insurance coverage; and other factors described in our filings with the U.S. Securities and Exchange Commission. The statements in this press release are valid only as of the date hereof and we disclaim any obligation to update this information, except as may be required by law.

Investor Contact:
Chuck Padala, Managing Director
LifeSci Advisors
+1-646-627-8390
chuck@lifesciadvisors.com

Media Contact:
Brian Pinkston
LaVoieHealthScience
+1-857-588-3347
bpinkston@lavoiehealthscience.com

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SOURCE Protalix BioTherapeutics, Inc.