[ACCESSWIRE]
CORAL GABLES, FL / ACCESSWIRE / February 20, 2019 / The tech stock market is built upon the ideals of an industry which is constantly changing. It is the very nature of technology that if devices serve their purpose for long enough, we will learn to live without them through adaptation, so companies in the sector must develop infrastructure with substantial staying power. Over the past few years, we've seen advancements in big data analytics, artificial intelligence, automation, and countless other areas where the world's most brilliant minds have created products that depict a time not yet lived. If companies in the tech sector continue to operate at the capacity they've demonstrated thus far this year, the industry may see a significant increase in investors looking to the space for potential opportunities. ParcelPal Technology Inc (PTNYF) (PKG), Clearside Biomedical Inc (NASDAQ: CLSD), ACM Research Inc (NASDAQ: ACMR), and Everspin Technologies (NASDAQ: MRAM) are four tech companies exemplifying what it means to be forward-thinking.
ParcelPal Technology Inc (PTNYF) (PKG) was, like many other tech companies, born out of a desire to solve a systemic issue, but where the Company rises above the rest is in their core framework and execution. ParcelPal's founders recognized an apparent need for consumers to have increased access to the products and goods they use on a daily basis, so they created an on-demand marketplace where customers can purchase nearly any product on the market and have it delivered within the hour.
ParcelPal Technology Inc (PTNYF) (PKG), and its executive leadership team believes that parcel delivery should be as hassle-free as possible, regardless of the business. It's no longer a question of what products can be ordered, but, through the Company's platform, how easy can it be to have said products be delivered.
ParcelPal Technology Inc (PTNYF) (PKG) announced towards the end of last month that the Company had formed a partnership with MADD Canada to aid in the continuous fight to prevent impaired driving. According to the announcement, MADD Canada has endorsed ParcelPal as its official delivery service in Canada. As part of the ParcelPal's national rollout campaign, advertising for ParcelPal's service will be seen across the country in various educational forms. Together, MADD Canada and ParcelPal will launch a national awareness campaign focused on educating Canadians on the dangers of impaired driving and the options they have for getting items they want or need without leaving the party.
In a press release regarding the announcement, Kelly Abbott, President, and CEO of ParcelPal Technology Inc (PTNYF) (PKG), explained that "as ParcelPal dives deeper into cannabis and alcohol delivery, we are very aware of the inherent risks associated with consumption. We take every precaution to ensure the product is not only delivered safely but will be consumed responsibly as well. Our driver training programs and our technology are designed to ensure they do not deliver to a highly intoxicated or underage person."
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Clearside Biomedical Inc (CLSD), a biopharmaceutical company dedicated to developing treatments that restore and preserve vision for people with eye diseases, today announced that it received notification from the U.S. Food and Drug Administration that the Agency has accepted for review the New Drug Application (NDA) for XIPERE (triamcinolone acetonide ophthalmic suspension) for Suprachoroidal Injection for the treatment of macular edema associated with uveitis. The FDA has determined that the application is sufficiently complete to permit a substantive review.
Daniel H. White, President and CEO of Clearside, commented, "we are delighted with this positive news on our XIPERE NDA. If XIPERE is approved, Clearside will have the first therapy indicated for patients suffering from macular edema associated with uveitis."
For More Information on Clearside Biomedical Inc, Click Here
ACM Research Inc (ACMR), a leading developer and manufacturer of single-wafer wet cleaning equipment, saw impressive gains in the market on Wednesday, with its shares up 13.44%, trading at $11.31 just before the afternoon. The Company announced in late January that it will release its financial results for the fourth quarter and fiscal year 2018 after the U.S. market close on Wednesday, March 6, 2019.
For More Information On ACM Research Inc, Click Here
Everspin Technologies Inc (MRAM) announced in early January that it had began shipping pre-production customer samples of its 28 nm 1-Gigabit (Gb) Spin Torque Transfer Magnetoresistive Random Access Memory (STT-MRAM) product. According to the announcement at the time, these products are the world's first 1 Gb STT-MRAM parts that meet customer specifications for endurance, performance and reliability in persistent write buffer applications.
Kevin Conley, President and CEO of Everspin, said, "our team is proud to reach this significant milestone of shipping pre-production 1 Gb parts, further establishing STT-MRAM's presence in the memory product landscape. It represents years of Everspin focus on driving the MRAM revolution and is a testament to our strong partnership with GLOBALFOUNDRIES."
For More Information On Everspin Technologies Inc, Click Here
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