CORAL GABLES, FL / ACCESSWIRE / February 26, 2019 / The ebb and flow of the tech stock market has occurred due to ongoing trade negotiations between the United States and China, following America's imposition of billions in tariffs on Chinese products. According to several sources, many US businesses based in China have said that the trade war has adversely affected their operations. In fact, a recent survey published by a Beijing-based advocacy group found that 74% of respondents believed that ties between the major powers would deteriorate or remain the same this year. Assuming trade talks go well, this could serve as a major boost to the tech sector, as China is the largest market for high-tech products. As we pay close attention to the US-China situation, Premier Health Group (OTC:PHGRF) (CSE:PHGI), Telaria Inc (TLRA), Maxwell Technologies Inc (MXWL), and Bridgeline Digital Inc (BLIN) represent 4 tech companies worth looking into during the ongoing trade-war.
Premier Health Group (OTC:PHGRF) (CSE:PHGI) is a company purposed with investing and developing innovative approaches that combine human skill-based expertise with state-of-the-art technologies to create an advanced healthcare system for its patients.
Premier Health Group (OTC:PHGRF) (CSE:PHGI) today announced that it is growing its development team at Cloud Practice Inc to support the Company's focus on digitizing healthcare. The Company recently hired four new full-time employees, three Web Software Developers and one User Interface/User Experience (UI/UX) Designer, to support the build-out of its patient-centric platform and mobile app – a beta version of which will be available by end of Q2.
Following the announcement, Jordan Visco, CEO of Cloud Practice, a wholly-owned subsidiary of Premier Health Group (OTC:PHGRF) (CSE:PHGI), said, "we are well underway on the development of the app and the new additions to our team will only help accelerate the process. Through our years of experience working with healthcare providers and hearing about their barriers to proper care, we are confident we are on the cusp of major improvements to the system as a whole."
Telaria Inc (TLRA) enjoyed impressive gains in the market on Tuesday, with shares up 32.29%, trading at $4.78 late in the morning. The Company, which has developed a software platform for publishers to manage premium video advertising, today announced its finical results for the fourth quarter and full year ended December 31, 2018.
Mark Zagorski, Telaria CEO, stated, "our industry leading Video Management Platform and focus on creating innovative solutions for CTV publishers continued to pay dividends as we added new customers like Cheddar and Outside TV and expanded our relationships with key partners like Hulu and PlutoTV. Globally, we made great strides growing our business in APAC, signing partnerships with leading TV broadcasters across the region."
Maxwell Technologies Inc (MXWL), a leading developer and manufacturer of energy solutions, announced earlier this month that the Company had filed its Form 10-K with the Securities and Exchange Commission ("SEC") for the period ended December 31, 2018.
Earlier in February, the Company entered into an Agreement and Plan of Merger to be acquired by Tesla, Inc. The Merger Agreement contemplates that Tesla will commence an all-stock exchange offer for all issued and outstanding shares of Maxwell after which the Company will be merged with a Tesla subsidiary and become a wholly-owned subsidiary of Tesla. The Offer will value each share of Maxwell common stock at $4.75 per share. Due to the Definitive Agreement and pending close, which is subject to the successful tender and exchange of shares, certain regulatory approvals and customary closing conditions, the Company will not be hosting a teleconference and webcast at this time.
Bridgeline Digital Inc (BLIN), a provider of cloud-based web content management, eCommerce, and marketing automation, today announced a product release that adds several significant enhancements focused on multi-store commerce, native internationalization features and optimizing the user experience.
Carl Prizzi, EVP of Product and Solutions, commented, "at Bridgeline, we continuously strive to support the needs of our customers and partners by providing ongoing product innovation that continues to expand upon our unified product suite. Unbound 7 enables online retailers - including our 40+ international Celebros customers - to tap into new markets and deliver global experiences that attract, engage, nurture and convert prospects to customers and drives incremental revenue."
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