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Organovo Reports Fiscal 2015 Financial Results, Corporate Highlights and Total Contract Bookings for exVive3D™ Human Liver Tissue

Organovo Holdings, Inc. (NYSE MKT: ONVO) ("Organovo" or the "Company"), a three-dimensional biology company focused on delivering scientific and medical breakthroughs using 3D bioprinting technology, today reported its financial results for the fiscal year ended March 31, 2015. The Company also reported its total contract bookings for the exVive3D™ Human Liver Tissue.

Heidelberg committed to growth – company assumes new strategic alignment

  • Investment in services, consumables, and digital printing will lead to future growth
  • Operating margin (EBITDA margin excluding special effects) slightly higher despite comprehensive portfolio optimization
  • Low leverage (<2) and long-term financing framework lay the foundations for further strategic reorientation
  • Outlook for 2015/2016: Sales increase of 2 to 4 percent forecast, with target EBITDA margin of at least 8 percent

Sale of Verallia: Saint-Gobain Has Entered Into Exclusive Talks With Apollo

Following a comprehensive process, Saint-Gobain has granted funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") exclusivity after having received a purchase offer for Verallia of €2,945 million (enterprise value). This firm and binding offer is not subject to any financing conditions.

Synopsys to Acquire Atrenta

Synopsys, Inc. (Nasdaq: SNPS) has signed a definitive agreement to acquire Atrenta Inc., a privately held provider of SoC realization solutions for the semiconductor and consumer electronics industries. By integrating Atrenta's complementary static verification and implementation technology with Synopsys' Verification Continuum™ and Galaxy™ Design platforms, Synopsys can offer designers a more comprehensive, robust portfolio of silicon to software solutions for today's complex electronic systems.

Packaging Tape, Inc., a Leading Packaging Supplier, Rebrands to Rocket Industrial

Packaging Tape, Inc. (also known as "PTI" and "PTIPackaging.com"), a 58-year old packaging and industrial supply company will change its name and rebrand to Rocket Industrial effective Monday, June 1, 2015. The company has grown well beyond its 1957 origins when it began by selling only packaging tape. Today, the company offers thousands of different types of packaging and industrial supply products from hundreds of world-class brands.


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