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PAR Technology Corporation Releases Conference Call Information for Fiscal 2025 Third Quarter Financial Results
Businesswire· 2025-10-24 11:30
Core Insights - PAR Technology Corporation will report its third quarter financial results for fiscal 2025 on November 6, 2025, with a conference call scheduled for 4:30 p.m. ET [1][2] Company Overview - PAR Technology Corporation is a leading provider of foodservice technology, offering a unified platform that integrates various solutions such as point-of-sale, digital ordering, loyalty, back-office, payments, and hardware [3] Recent Developments - Krystal Restaurants LLC has selected PAR Punchh® to power its new loyalty program, Club Krystal, as part of its national expansion strategy [5] - Layne's Chicken Fingers has chosen PAR® Engagement to enhance its digital ordering and loyalty experience, preparing for rapid growth with over 300 restaurants planned [6] - PAR Technology has launched PAR Games™, an interactive loyalty experience aimed at increasing guest engagement through personalized brand interactions [7]
West Coast Reduction Expands Canadian Rollout of Beyond Oil with Major US$405K Product Order
Globenewswire· 2025-09-30 12:00
Core Insights - Beyond Oil Ltd. has announced a significant purchase order valued at approximately US$405,000, marking a major advancement in its partnership with West Coast Reduction Ltd. [1][4] - The order follows successful pilot programs that demonstrated Beyond Oil's patented solution improves food quality, extends oil life, and reduces environmental impact [2][3]. Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food while enhancing sustainability and food quality [1][5]. - The company's patented technology has received regulatory clearances from the FDA and Health Canada, significantly reducing harmful compounds in frying oil [5]. - Beyond Oil addresses critical health concerns linked to the reuse of frying oil, which is common in various food service operations [5]. Partnership and Market Expansion - West Coast Reduction Ltd. has been the Canadian distributor for Beyond Oil since last year, successfully introducing the product to early adopters [3]. - Over 90% of customers who conducted proof of concept have implemented Beyond Oil's solution, confirming its effectiveness [3]. - WCRL is expanding its sales and customer support teams to facilitate broader adoption of Beyond Oil's products across its customer base [3]. Customer Feedback and Impact - The Redux™ Program by WCRL has received positive feedback from customers, highlighting benefits such as healthier fried food, improved quality, and cost savings [4]. - The recent purchase order reflects WCRL's confidence in Beyond Oil's product and its potential to extend benefits to more customers [4]. Industry Context - WCRL plays a significant role in Western Canada's agriculture and food sectors, focusing on recycling used cooking oil and other food processing remnants [6]. - The company has been a long-time supporter of Canada's agriculture and food industries, transforming waste into valuable resources [6][7].
Beyond Oil Announces Publication of Expert Medical Opinion by Prof. Ilan Ron, Specialist in Clinical and Radiation Oncology, Regarding the Risks Associated with Exposure to Frying Oils as Contributors to Neoplastic Mutations in Body Tissue
Globenewswire· 2025-06-18 12:30
Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried foods while enhancing sustainability and lowering operational costs [6][7] - The company has developed patented technology that significantly reduces harmful compounds in frying oil, addressing critical health concerns related to reused frying oil [7] Health Risks and Findings - A Medical Opinion by Professor Dr. Ilan Ron highlights the health risks associated with repeated use of frying oil, including the formation of hazardous chemical byproducts that can lead to various cancers, particularly gastrointestinal cancers [2][4] - The Medical Opinion specifically identifies acrylamide as a hazardous compound formed during frying, which has the potential to cause gastrointestinal inflammation and carcinogenesis [3][4] - Controlled experiments demonstrated that Beyond Oil's product effectively preserves critical parameters in frying oil, such as total polar materials (TPM), free fatty acids (FFA), acrylamide (AA), polycyclic aromatic hydrocarbons (PAHs), and oxidation levels, even after multiple frying cycles [5][6] Recommendations and Implications - The findings suggest a strong rationale for integrating Beyond Oil's technology in high-risk settings, such as schools, hospitals, and industrial kitchens, to mitigate exposure to carcinogens [5] - The company aims to improve global food safety and enhance the well-being of consumers and kitchen workers by addressing the health hazards associated with reused frying oils [5][6]
Repeat: EAT & BEYOND ANNOUNCES PROPOSED NAME CHANGE AND UPDATED INVESTMENT POLICY
Globenewswire· 2025-06-02 11:30
Core Viewpoint - Eat & Beyond Global Holdings Inc. is proposing a name change to "Digital Asset Technologies Inc." to reflect its strategic shift towards digital and blockchain technologies while continuing to invest in innovative businesses [2][4]. Proposed Name Change - The name change is subject to shareholder approval and aims to better represent the company's focus on emerging digital technologies [2][4]. - The trading symbol on the Canadian Securities Exchange will change to "DATT" upon completion of the name change [3]. Updates to Investment Policy - The company has historically focused on food technology and sustainability investments, which will remain part of its foundation [5]. - The updated Investment Policy now includes a focus on blockchain and related technologies, targeting investments in AI, Blockchain, Web3, Fintech, and ICT sectors [5][6]. - The company aims to support ventures that demonstrate solid technical foundations, ethical practices, and long-term societal benefits [5]. Investment Strategy - The company is committed to identifying ventures that combine technological advancement with practical impact, targeting both early-stage and growth-stage investments [6]. - The focus includes real-world asset tokenization, decentralized infrastructure, and advanced trading analytics [10].