Cadiz Inc. Fourth Quarter 2020 Shareholder Newsletter and 2021 Outlook

LOS ANGELES, Dec. 31, 2020 /PRNewswire/ — Today, Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) posted to its website a new issue of <a target="_blank"…

LOS ANGELES, Dec. 31, 2020 /PRNewswire/ — Today, Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) posted to its website a new issue of CDZI Magazine, the Company’s quarterly newsletter. The latest edition includes a summary of company news and events from the fourth quarter of 2020, commentary from Cadiz CEO Scott Slater, and content and images highlighting current progress for our agriculture and water projects as well as the outlook for 2021.

The current magazine and previous issues are available on our website at: https://www.cadizinc.com/investor-relations/

About Cadiz Inc.

Founded in 1983, Cadiz Inc. (NASDAQ: CDZI) is a California business dedicated to sustainable water and agricultural projects. We own 70 square miles of property with significant water resources in Southern California and are the largest agricultural operation in San Bernardino, California, where we have sustainably farmed since the 1980s.  We are also partnering with public water agencies to implement the Cadiz Water Project, which was named a Top 10 Infrastructure Project that over two phases will create a new water supply for approximately 400,000 people and make available up to 1 million acre-feet of new groundwater storage capacity for the region. Guided by a holistic land management plan, we are dedicated to pursuing sustainable projects and practicing responsible stewardship of our land, water and agricultural resources. For more information, please visit www.cadizinc.com.

FORWARD LOOKING STATEMENT: This release contains forward-looking statements that are subject to significant risks and uncertainties, including statements related to the future operating and financial performance of the Company and the financing activities of the Company.  Although the Company believes that the expectations reflected in our forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.  Factors that could cause actual results or events to differ materially from those reflected in the Company’s forward-looking statements include the Company’s ability to maximize value for Cadiz land and water resources, the Company’s ability to obtain new financing as needed, the receipt of additional permits for the water project and other factors and considerations detailed in the Company’s Securities and Exchange Commission filings.

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SOURCE Cadiz Inc.

Teal Group Predicts Worldwide Military UAV Production of $95 Billion Over the Next Decade in its 2020/2021 UAV Market Profile and Forecast

WASHINGTON, Dec. 31, 2020 /PRNewswire/ — Unmanned Aerial Vehicles (UAVs) will be one of the most dynamic growth sectors of the world aerospace industry this decade, report Teal Group analysts in their latest market analysis.

Teal Group’s 2020/2021 market study estimates that UAV production will increase from current worldwide UAV production of $5.6 billion annually in 2020 to $14 billion in 2029, totaling <span…

WASHINGTON, Dec. 31, 2020 /PRNewswire/ — Unmanned Aerial Vehicles (UAVs) will be one of the most dynamic growth sectors of the world aerospace industry this decade, report Teal Group analysts in their latest market analysis.

Teal Group’s 2020/2021 market study estimates that UAV production will increase from current worldwide UAV production of $5.6 billion annually in 2020 to $14 billion in 2029, totaling $95.5 billion in the next ten years. Military UAV research spending would add another $64.5 billion over the decade. (For further details and study availability, contact the respective Teal sales representative in your area at http://www.tealgroup.com/).

“New technologies and increased trade are coming together to drive the UAV market growth,” said Philip Finnegan, Teal Group’s director of corporate analysis and an author of the study.  “The next generation of systems is being developed at a time when trade is growing thanks to liberalized US export rule, cheap Chinese exports and strong demand for armed UAVs.”

“The Teal Group study predicts that the US will account for 80% of total military worldwide RDT&E spending on UAV technology over the next decade and 40% of the military procurement,” said Teal Group senior analyst Steve Zaloga, another author of the study. Much of the US RDT&E is intended to develop the next generation of systems that can survive in contested airspace.

The latest edition of the sector study, World Military Unmanned Aerial Vehicle Systems, Market Profile and Forecast 2020/2021, examines the worldwide requirements for UAVs, including UAV payloads and companies, and provides ten-year forecasts by country, region, and classes of UAVs.  It incorporates the latest budget data worldwide, including the fiscal 2021 US defense budget.

The 2020-2021 study provides forecasts for a wide range of UAV payloads, including Electro-Optical/Infrared Sensors (EO/IR), Synthetic Aperture Radars (SARs), SIGINT and EW Systems, and C4I Systems, forecast to grow in overall value from $6.0 billion in FY20 to $8.5 billion in FY29. Following a funding downturn in recent years as several legacy endurance UAV sensor programs ended, Teal forecasts a near-term rise in the “default sensor” EO/IR market, from $1.8 billion in FY20 to $2.3 billion in FY24, but then a leveling off at about $2.4 billion per year for the rest of the decade, with growth led by modified U-2 sensors still likely to go aboard Global Hawk and by new production for classified UCAVs and mini/nano-UAVs.

The study breaks out billions of dollars of classified and future follow-on sensor programs with annual forecasts. Dr. David L. Rockwell, Teal’s lead electronics analyst, states “it is important to forecast these programs as they make up an increasing share of the available market, even though they are in no public DoD documents and are not monetized in any online sources.” He notes that “Detailed speculative ‘available’ forecasts – totaling almost $43 billion for payloads through FY29 – are intended to give early warning of programs that are not yet in DoD budgets or even under public discussion – to allow Teal’s clients to plan ahead before the RFPs are out.”

Along with EO/IR, comprehensive coverage of the many new programs in radio frequency (RF) markets is also included, with UAV radars forecast to grow from $1.6 billion in FY20 to $2.3 billion in FY29, and SIGINT and Electronic Attack (EA) markets to grow from $1.55 billion to $2.3 billion.

The 2020-2021 study also includes a UAV Manufacturers Market Overview that reflects the possible shakeup of leadership in the industry as multiple next generation systems are developed,” said Finnegan. “New players are emerging, and the leadership of some companies is being threatened.”

The study reflects the rapid growth of interest in the UAV business by covering approximately 60 U.S., European, Asia-Pacific, and Israeli companies, and reveals the fundamental reshaping of the industrial environment as UAV technology proliferates worldwide.

The Teal Group is an aerospace and defense market analysis firm based in Fairfax, Virginia USA.  It provides competitive intelligence to industry and government worldwide.

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SOURCE Teal Group

Stony Plain Chrysler Promotes ‘Shop in Your PJs!” Services

STONY PLAIN, AB, Dec. 31, 2020 /PRNewswire-PRWeb/ — The Stony Plain Chrysler dealership is offering car shoppers in the Edmonton area the convenience of shopping in their pajamas…

STONY PLAIN, AB, Dec. 31, 2020 /PRNewswire-PRWeb/ — The Stony Plain Chrysler dealership is offering car shoppers in the Edmonton area the convenience of shopping in their pajamas with an assortment of available online tools, virtual experiences and delivery services. These new additions to the Stony Plain Chrysler website have been recently added or expanded upon to offer a simplified and safe car-shopping experience from home.

The first part of “Shop in Your PJs” service from Stony Plain Chrysler is Virtual Walkthroughs. This option allows customers to view exterior and interior photos and point-of-view shots of vehicles from the Stony Plain Chrysler inventory with personalized walkthroughs.

The second part of “Shop in Your PJs” service from Stony Plain Chrysler is Remote Trade Appraisals. This option allows customers to get a trade-in estimated value offer on their vehicle by supplying the dealership with up-to-date information on their current ride.

The third part of “Shop in Your PJs” service from Stony Plain Chrysler is At Home Test Drives. This option allows customers delivery of a vehicle to allow an inspection and test drive of a vehicle at their home or office location.

The fourth part of “Shop in Your PJs” service from Stony Plain Chrysler is Digital Paperwork. This option allows customers to fill out all necessary paperwork with the dealership financing department online and over the phone.

The fifth and last part of “Shop in Your PJs” service from Stony Plain Chrysler is Home Delivery. This option allows customers at-home delivery of a driver’s new financed or leased vehicle.

To learn more about available dealership services at Stony Plain Chrysler, drivers are encouraged to browse the dealership website and reach out to the staff. The Stony Plain Chrysler team can be reached at the number of +1 587-760-1506. Additional means of communication include online messages, emails and visits to the store. The Stony Plain Chrysler dealership is located at 4004 51 St., Stony Plain, Alberta T7Z 0A2, Canada.

Media Contact

Jason Bouwmeester, Stony Plain Chrysler, 780-963-2236, jason@stonyplainchrysler.com

 

SOURCE Stony Plain Chrysler

(Español) Entrega de premios “Industrial App” de la copa inaugural de Shanghai Electric a 16 participaciones sobresalientes, lo que fortalece la innovación digital para la industria de la energía

(Español)

SHANGHÁI, 31 de diciembre de 2020 /PRNewswire/ — Shanghai Electric (la “Empresa”) (SEHK: 02727, SSE: 601727), el productor y proveedor de equipos de generación de energía eléctrica, equipos industriales y servicios de integración más importante a nivel mundial, recientemente concluyó un concurso de aplicaciones de innovación industrial de cinco meses de duración. La inauguración de la “Copa Shanghai Electric” tuvo lugar en julio de este año con el apoyo de la Comisión Municipal de Economía e Informatización de Shanghái y la Asociación de Internet…

Sorry, this entry is only available in Español.

(Español) Entrega de premios “Industrial App” de la copa inaugural de Shanghai Electric a 16 participaciones sobresalientes, lo que fortalece la innovación digital para la industria de la energía

(Español)

SHANGHÁI, 31 de diciembre de 2020 /PRNewswire/ — Shanghai Electric (la “Empresa”) (SEHK: 02727, SSE: 601727), el productor y proveedor de equipos de generación de energía eléctrica, equipos industriales y servicios de integración más importante a nivel mundial, recientemente concluyó un concurso de aplicaciones de innovación industrial de cinco meses de duración. La inauguración de la “Copa Shanghai Electric” tuvo lugar en julio de este año con el apoyo de la Comisión Municipal de Economía e Informatización de Shanghái y la Asociación de Internet…

Sorry, this entry is only available in Español.

Georgia Companies Join A Day for Democracy Initiative and Pledge to Help Their Employees Vote

BOSTON, Dec. 31, 2020 /PRNewswire/ — A Day for Democracy today announced that AMB Sports & Entertainment (AMBSE) and The Coca-Cola Company joined the non-partisan civic engagement initiative. In taking the pledge, AMBSE and Coca-Cola committed to supporting their employees’ right to vote, including in the upcoming runoff elections in Georgia.

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BOSTON, Dec. 31, 2020 /PRNewswire/ — A Day for Democracy today announced that AMB Sports & Entertainment (AMBSE) and The Coca-Cola Company joined the non-partisan civic engagement initiative. In taking the pledge, AMBSE and Coca-Cola committed to supporting their employees’ right to vote, including in the upcoming runoff elections in Georgia.

In taking the pledge, AMBSE and Coca-Cola joined a coalition of top-ranked firms across the U.S. in industries ranging from finance, real estate and construction, venture capital and higher education, to entertainment, hospitality and health care. In all, more than 390 companies representing almost 1.8 million employees have taken the A Day for Democracy pledge. The AMBSE portfolio includes the Atlanta Falcons, Atlanta United FC, PGA TOUR Superstore and Mercedes-Benz Stadium in Atlanta. Coca-Cola’s global headquarters is located in Atlanta, where the company was founded in 1886.

“Business leaders in Georgia have a role to play when it comes to building trust in our democratic institutions and increasing voter turnout, whether that means giving their employees time off to vote or giving them access to helpful voter resources,” said Peter Palandjian, Chairman and CEO of Intercontinental Real Estate Corporation, who founded the coalition. “Special elections typically have lower turnout than regular elections, which is why I’m proud that so many business leaders with operations in Georgia are making sure that their employees can exercise their right to vote in the upcoming special elections.”

Launched in August 2020, A Day for Democracy is a non-partisan initiative founded by CEOs to encourage employers across the U.S. to take a pledge to help increase voter participation. The initiative was founded in Boston, Massachusetts and quickly grew into a nationwide movement. More information about A Day for Democracy, a list of voter resources, and the full list of companies joining the initiative can be found on the website: www.aDayforDemocracy.com.

Election Day for Georgia’s two U.S. Senate runoffs is Tuesday, January 5th. Georgia voters can visit the Georgia Secretary of State’s My Voter Page for information on polling sites and hours, as well as their respective county’s board of elections site for absentee ballot drop off locations.

The full list of A Day for Democracy pledge participants includes:

13th Chamber Inc.
13th Floor Investments
2120 Creative
4DWN Project
Acropolis Advisors
AEW
AIS
Akili Interactive Labs
Akwyar
Alan Biller and Associates
Allison Outdoor, LLC
AllTrails
Alternative Compassion Services
AMB Sports + Entertainment
Amblin Partners
American Federation of Teachers
American Realty
AMG
Analog Devices
Arabesque Systematic USA
Archer, Byington, Glennon & Levine LLP
Ares Management
Armstrong Flooring
Artemis Ward
Association of Independent Colleges and Universities in Massachusetts (AICUM)
Atlanta Hawks and State Farm Arena
Autodesk
Aviation Portfolio, LLC
Bain & Co
Bain Capital
Bank of America
Baron Capital
Barsam Vision Care
Beacon Health Options
Belmont Hill School
Berklee College of Music
Big Night Entertainment Group
Bleiweiss Communications Inc. (BCI)
Bliant Specialty Hospital
Blockchange Ventures
Blue Creek Pictures
Blue Cross Blue Shield of Massachusetts
Blue Rock Advisory
bluebird bio
Blueport
Bob’s Discount Furniture
Boston Capital
Boston Center for Facial Rejuvenation
Boston Children’s Hospital
Boston Diva Productions
Boston Global Investors
Boston Globe
Boston Properties
Boston Red Sox
Boston Symphony Orchestra
Boston Urban Hospitality
Bottom Line
Boyd Technologies
Bradley & Associates
Breach Managers Inc.
Bridges Health Partners
Brigham Health
Broad Institute of MIT and Harvard
Brown Rudnick LLP
Bubbabros, Inc.
Burns & Levinson
Button
BXP Boston Properties
C2Sense
Cambridge Associates
Cambridge Innovation Center
Cambridge Savings Bank
Cambridge Trust Company
Carousel Motor Group
Carpenter & Company, Inc.
Carrington Park Apartments
Cartica Management
Ceres
Charlesbank Capital Partners
Citizens Energy Corporation
City of Boston
Cleary Insurance
Cohasset Tennis Club
ComplySci
Connors Family Office
Consigli
Contributor Development Partnership (CDP)
Cornerstone Restaurant Group
CORPaTH
Cradles to Crayons
Cubby Oil & Energy
Cushman & Wakefield
Cushman Concepts
CyberGrants
Dana Farber Cancer Institute
Darmiyan
Deep Blue Integration
Dell Technologies
Derby Management
Development Strategy Consultants
Deywoss One LLC
Druker Company
Duet
Eastern Bank
Eaton Vance
EconoFact
Ellevation Education
Ellis Partners
Empower Retirement
Entertain Impact
Esplanade Association
Essex Builders Corp.
Etiometry
Eureka Casino Resort
Eversource Energy
EY
Facing History and Ourselves
Fidelity Investments
Financial Recovery Technologies
Finegold Alexander Architects
Firefly Health
FischTank PR
Florida Virtual Bookkeeper
For Futuring
Ford Foundation
Frazier Healthcare Partners
Fuze
Galluccio & Watson, LLP
Garden Remedies
Gass Weber Mullins
Gilbert & Sackman
Gimbel, Reilly, Guerin & Brown, LLP
Giulia, Inc.
Go Media
Golden State Medical
GoodCities
Goodwin
goop
Graves Hospitality
Greater Boston Chamber of Commerce
Greater Manchester Chamber
Greer LLC
Hand Surgery PC
Harvard University
Health Resources in Action
Hemenway & Barnes, LLP
Hexagon Properties
Highland Capital Partners
Hill Holliday
Hourglass Wine Company
HubSpot
IBEW Local 103
Idea Grove
il Casale & The Wellington
inSegment
Inside Corporate Learning
InsideOut Sports and Entertainment
Institutional Limited Partners Association (ILPA)
Institutional Limited Partners Association (ILPA)
Intercontinental Managment
Intercontinental Real Estate
International Brotherhood of Teamsters
International Tennis Hall of Fame
International Union of Bricklayers and Allied Craftworkers (IUBAC)
Investment Performance Services, LLC
Iora Health
Ischia
Jackrabbit Design
Jacob Shwirtz
JB Hudson Jewelers
K-LER Cattle
K&L Management
K1 Investment Management
Kearney Capital, LLC
Kestra Financial
Keyser Public Strategies
KPMG
Lamont, Hanley & Associates
Lamont, Hanley & Associates
Lately
Lautec US Inc
Leader Bank
Leadership Now Project
Leggat McCall Properties
Leon and Co
Lerrag’s Clan Publishing
Lesley University
LineVision
Litmus
Live365
Livius Tutoring
LNK Partners
Los Angeles Alliance for a New Economy (LAANE)
Lucky Strike Entertainment
Major League Baseball
Marcum LLP
Marcus Partners
Margulies Perruzzi
Marine Home Center
Maroun Landscaping
Mass General Brigham
Massachusetts Bankers Association
Massachusetts Business Roundtable
Massachusetts General Hospital
MassBio
MassChallenge
MassTLC
Matrix Medical Network
Mavrck
Mayor John H. Agenbroad, City of Springboro, OH
McLane Middleton
MedData
Medidata
Meketa Investment Group
Mental Heart
MENTOR
meQuilibrium
Merchants Fleet
Metropolitan Planning Council
Michael Mailer Films
MIDIOR Consulting
Mikva Challenge
Milton’s Distributing
Mimecast
MITRE
Mosaic Global Partners
Mount Vernon Company
Murgen Croaker Productions
Murphy & King, P.C
mxHero Inc.
MyWellBeing
NAIOP Massachusetts
National Grid
Nauset Strategies
NC Global Education
NCPERS
NEPC
NESN
New Balance
New Boston Fund
New England Venture Capital Association
New Hampshire Public Radio
Newton-Wellesley Hospital
NewVantage Parners
Nickerson
Nordstrom
North Shore Medical Center
Northeast Capital Fund II
Northfield Medical
NorthMarq
Northwell Health
Nova Media, Inc.
Novanta
Nutter
O’Neill and Associates
Omidyar Network
Oneida Nation Enterprises
OpAns
Open Society Foundation
Pac-12 Conference
Pan-Mass Challenge
Paradigm Properties
Parata Systems
Pastori | Krans, PLLC
Pearlmark
PHDouglas & Associates
Plum Alley
Plum Alley
Pohlad Companies
Poxy Clinical
Procurated
Project D.E.E.P.
Purple Heart Foundation
Putnam Investments
Qlik
Rapid7
Recognize Partners LLC
Regan Associates
RFPIO
Rho Capital
Risk Strategies
Robert Dinerman
Rock Solid Solutions
Root Captial
Rue Gilt Groupe
RxMx
Saltwater Collective
Samuels & Associates
Saunders Hotel Group
SCAN Health Plan
Schroders North America
Segal Marco Advisors
Segall Bryant & Hamill
Seven Letter
Seven Letter Labs
Shapiro Foundation
Sisu Investment Partners
Six Angels Midwifery
Six/Ten LLC
SixPlus
Smarsh
SMMA
Social Finance
Socure
Southern New Hampshire University
Squam Lakes Conservation Society
SquashBusters
STAG Industrial
Staples Inc.
Starwood Capital Group
State Street Corp.
Straight Wharf Restaurant
Studio SC Design
Suffolk Construction
Sundance Institute
Surdna Foundation
Sustainable Harvest
SV, LLC
Swift Current Energy
Synchrono Group
Tableau
Taconic Capital
Tamara Mellon
Teley-vision
Tenacity
Tendo Communications
The Boston Celtics
The Boston Foundation
The Bulfinch Cos.
The Bulfinch Group
The Campaign Workshop
The Castle Group
The Clubhouse Network
The Coca-Cola Company
The Davis Companies
The Exchange
The Fallon Company
The Grail Law Firm
The HYM Investment Group
The Minnesota Twins
The Mishra Group
The Rose Kennedy Greenway Conservancy
The Shapiro Foundation
The3PointFoundation
Thomas H. Lee Partners
TiE Boston
Trans National Group
TRB Advisors
Trinity Group
TruAmerica Multifamily
Tufts Health Plan
Tufts University, Jonathan M. Tisch College of Civic Life
Ubiquitous Productions
UFCW 8 Golden State
UFCW Local 1996
UFCW Local 99
UNITE HERE
UNITE HERE Local 11
UNITE HERE Local 26
United Derm Partners
United Dynamics
United Food and Commercial Workers (UFCW) International Union
United Properties
United South End Settlements
Universal Tennis
V2M Capital
Vanguard Group
Vantage Property Investors
Vast Capital Management
VDA
Verdad Advisers
Verisys
Vesta Corporation
VillagePlan
Virtual
Vorys, Sater, Seymour and Pease LLP
Vote to Push Play
Washington Capital Management
Waterville Consulting
Wayfair
WBUR
WEDÜ
Weena and Spook Inc.
Wellness Workdays
Wells Fargo
Willig, Williams & Davidson
Wind River Holdings
WindSail Capital Group
Worcester Red Sox
Year Up
YG Consulting
ZSuite Technologies

About A Day for Democracy:
A Day for Democracy is a NON-partisan initiative founded by CEOs to encourage employers across the U.S. to take a pledge to help increase voter participation in the U.S. In taking the pledge, these leaders are committing to take action to give employees time off to vote, and/or to help workers register and access their right to vote – in local, state and national elections – on their terms, whether at polling locations or from the safety of their own home. The initiative was founded in Boston, Massachusetts.

To learn more, and to join CEOs across the U.S. in taking this pledge, visit www.aDayforDemocracy.com.

 

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SOURCE A Day for Democracy

MySize Delivers Over 12 Million Size Recommendations in 2020

AIRPORT CITY, Israel, Dec. 31, 2020 /PRNewswire/ — MySize, Inc. (the “Company” or “My Size”) (NASDAQ: MYSZ) (TASE: MYSZ), a developer of smartphone-based measurement solutions, today announced that MySizeID delivered over 12 million size recommendations in 2020. MySizeID has repeatedly demonstrated and been proven that increased customer confidence in accurate size selection significantly increases shopper conversion and reduces…

AIRPORT CITY, Israel, Dec. 31, 2020 /PRNewswire/ — MySize, Inc. (the “Company” or “My Size”) (NASDAQ: MYSZ) (TASE: MYSZ), a developer of smartphone-based measurement solutions, today announced that MySizeID delivered over 12 million size recommendations in 2020. MySizeID has repeatedly demonstrated and been proven that increased customer confidence in accurate size selection significantly increases shopper conversion and reduces returns.

The MySizeID app is a turnkey solution that helps any online shopper choose the appropriate apparel size for that specific brand, based on the shopper’s real-time body measurements. My Size’s innovative technology enables consumers to measure themselves once, using their smartphone, and then be accurately matched with a brand-specific apparel item in their personal size. 

“Size recommendations by MySizeID assisted over one million shoppers in 58 countries (in nine languages), to confidently purchase 600,000+ apparel items online, in support of 250+ brands in 2020, and this trend is expected to increase further in the new year,” said Ronen Luzon, CEO of MySize. “More than 12 million sizes were recommended by MySizeID this year and we anticipate continued growth in 2021 as a result of the great e-commerce transformation this year, due to the pandemic. Our various pricing plans with our customers are generally based on Price Per Size Recommendations (PPSR), which vary between $0.01$0.10, plus a yearly maintenance fee.”

Mr. Luzon continued, “We are experiencing increasing demand from retailers worldwide that are looking for an end-to-end solution that helps consumers confidently choose their appropriate size and fit while shopping online. Our technology helps consumers buy with confidence, enhance the shopping experience, and foster brand loyalty.”

For the latest news coverage, please follow the company on Facebook, LinkedIn, Instagram and Twitter.

About My Size, Inc.

My Size, Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed a unique measurement technology based on sophisticated algorithms and cutting-edge technology with broad applications including the apparel, e-commerce, DIY, shipping and parcel delivery industries. This proprietary measurement technology is driven by several algorithms which are able to calculate and record measurements in a variety of novel ways. To learn more about My Size, please visit our website: www.mysizeid.com. We routinely post information that may be important to investors in the Investor Relations section of our website. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Please click here for a demonstration of how MySizeID provides a full sizing solution for the retail industry.

Register here for a free plan of MySizeID solution for your online store. 

Please click here to download MySizeID for iOS.

Please click here to download MySizeID for Android.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

U.S. Press Contact:
Strauss Communications
joel@strausscomms.com 
www.strausscomms.com

IR Contact:
Or Kles, CFO
ir@mysizeid.com 

Logo – https://mma.prnewswire.com/media/689689/MySize_Logo.jpg

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SOURCE My Size Inc.

Kris Wright Joins Young’s Motorsports for 2021 NASCAR Camping World Truck Series

MOORESVILLE, N.C., Dec. 31, 2020 /PRNewswire/ — Today, Young’s Motorsports announced the signing of Kris Wright to its 2021 NASCAR Camping World Truck Series (NCWTS) team.

Wright, who recorded several top 10 finishes in the 2020 ARCA Menards Series after winning the 2018 IMSA Prototype Challenge, will drive the team’s flagship truck — the No. 02 Chevrolet Silverado.

Based in Mooresville, N.C., Young’s Motorsports has…

MOORESVILLE, N.C., Dec. 31, 2020 /PRNewswire/ — Today, Young’s Motorsports announced the signing of Kris Wright to its 2021 NASCAR Camping World Truck Series (NCWTS) team.

Wright, who recorded several top 10 finishes in the 2020 ARCA Menards Series after winning the 2018 IMSA Prototype Challenge, will drive the team’s flagship truck — the No. 02 Chevrolet Silverado.

Based in Mooresville, N.C., Young’s Motorsports has competed in the NCWTS since 2012.

“I’m really looking forward to working with Kris this season. He’s had success in everything he’s raced and we are excited to get going in 2021,” said Tyler Young, the team’s principal.

Previously, Wright raced in Europe as a Formula 3 driver.

“I am really excited to be joining Young’s Motorsports for the 2021 NASCAR Camping World Truck Series,” Wright said. “Last year was my introduction to stock car racing and I will be applying what I have learned to this year’s competitive class. I am looking forward to a successful season with Tyler and his crew.”

Young’s Motorsports, which is owned by Randy and Becky Young, and managed by Tyler Young, has three full-time Chevrolet Silverados in its lineup. In 2019, the company celebrated its 10-year anniversary as well as the organization’s first NCWTS win.

The 27th season of NCWTS kicks off Feb. 12 at Daytona International Speedway.

For more information on Kris Wright, follow him on Facebook (@kriswrightracing) and Instagram (@kriscwright), or visit www.kriswrightmotorsports.com. For partnership opportunities, reach out to Ken Wright at (412) 977-8004 or kenwright@wrightcars.com.  

Media contact:
Kelly Ann Collins
262237@email4pr.com 
202-413-1187

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SOURCE Kris Wright

European trade of wood chips has gone up substantially as sawmills have ramped up production and generated more residual chips

STOCKHOLM, Dec. 31, 2020 /PRNewswire/ — Softwood lumber production in Europe has increased steadily increased over the past five years. Consequently, additional volumes of sawmill by-products, including wood chips, shavings, and sawdust, have become available to other sectors in the forest industry. The added wood fiber supply has predominantly benefitted pulpmills, manufacturers of wood-based panels, and wood pellet producers. Residual chips is typically a preferred…

STOCKHOLM, Dec. 31, 2020 /PRNewswire/ — Softwood lumber production in Europe has increased steadily increased over the past five years. Consequently, additional volumes of sawmill by-products, including wood chips, shavings, and sawdust, have become available to other sectors in the forest industry. The added wood fiber supply has predominantly benefitted pulpmills, manufacturers of wood-based panels, and wood pellet producers. Residual chips is typically a preferred lower-cost fiber furnish as compared to costlier small-diameter logs.

Over the past five years, the annual volume of residuals generated from Europe’s sawmills has increased to an estimated 17 million m3, resulting in increased chip trade on the continent, particularly in the northern region. Softwood chip trade around the Baltic Sea has gone up by over 80% from 2015 to 2020, with the major shipments being from Russia to Finland, from Norway to Sweden, and from the Baltic States to Denmark and Sweden.

WRI estimates that in 2020 almost 2.6 million m3 of wood chips will be imported by Finnish pulpmills, up from 1.4 million m3 five years earlier. This will make Finland, for the first time, the world’s largest importer of softwood chips – surpassing even Japan. Practically all Finland’s chip imports have been from Russia and the Baltic States, with the former accounting for the lion’s share of the supply. In the first seven months of 2020, Finnish wood chip importation from Russia was 33% higher than during the same period in 2019. According to the Wood Resource Quarterly, the average price for imported Russian wood has been relatively stable and is only slightly higher than the price for domestic pulplogs.  

In contrast to recent developments in Finland, wood chip imports to Sweden declined in 2020, ending a six-year upward trend. In 2019, Swedish chip imports reached an all-time high of 1.9 million m3. However, during the first seven months of 2020, import volumes from the major supplying countries of Norway, Estonia, and Latvia fell by 33%, and the total import volume for the year is on the path to be the lowest level in five years. The reduced demand for imported wood chips has resulted from both an increase in domestic residual supply from the sawmill sector and the large volumes of beetle-killed timber in the Central and Southern parts of Sweden, which are flooding the fiber market.     

Are you interested in wood products market information from around the world? The Wood Resource Quarterly (WRQ) is a 70-page report established in 1988 and has subscribers in over 30 countries. The publication tracks prices for sawlog, pulpwood, lumber & pellets worldwide and reports on trade and wood market developments in most key regions globally. For more insights on the latest international forest product market trends, please go to www.WoodPrices.com

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Wood Resources International LLC

Hakan Ekstrom

info@woodprices.com

www.woodprices.com

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SOURCE Wood Resources International LLC