Eckington Park Project Receives I-924 Exemplar Approval

WASHINGTON, Feb. 06, 2020 (GLOBE NEWSWIRE) — EB5 Capital announced today its receipt of an I–924 exemplar approval for its Eckington Park project, located in the Northeast corridor of Washington, DC. The United States Citizenship and Immigration Services (USCIS) approved the project in only nine months, while USCIS' current average I–924 exemplar processing time is between 60 and 80.5 months.

"USCIS' exemplar approval of Eckington Park provides an additional layer of confidence for the project's investors," said Brian Ostar, EB5 Capital's Senior Vice President of Global Operations. "Securing USCIS approvals for our EB–5 projects is a responsibility we take very seriously."

EB5 Capital is contributing a $31 million preferred equity investment in Foulger–Pratt's development of the $115 million, 327–unit Class A multifamily project. Eckington Park will feature 9,000 square feet of retail and is located adjacent to the District of Columbia's Tanner Park, an upcoming green space project, which will be home to a new playground, dog park, and amphitheater. The project is currently under construction and completion is expected in Q3 2021.

"Eckington Park is our firm's sixth project in the area, all within walking distance of the growing NoMa neighborhood of Washington, DC," said Patrick Rainey, EB5 Capital's Vice President of Investments. "This development will offer an accessible, amenity–rich experience to an area that was in great need of additional housing and density."

About EB5 Capital

EB5 Capital is a leader in the EB–5 immigrant investor industry, raising over $750 million in foreign capital from investors in more than 65 countries for investment in job–creating real estate projects across the United States. EB5 Capital owns and operates five USCIS–authorized Regional Centers that serve 14 states and the District of Columbia. With a portfolio of 27 projects, EB5 Capital maintains a 100% project approval rate from the USCIS. For more information, visit http://www.eb5capital.com.

Contact:
Ben Carter
(202) 652–2437
media@eb5capital.com

Bombardier to Report Fourth Quarter and Full Year 2019 Financial Results on February 13, 2020

MONTRÉAL, Feb. 06, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the fourth quarter and full year 2019 on Thursday, February 13, 2020 and hold a live webcast/conference call to review the results starting at 8 a.m. Eastern Time (EDT).

Alain Bellemare, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, Vice President, Corporate Strategy and Investor Relations, will hold a conference call intended for investors and financial analysts to review the company's financial results.

DATE: Thursday, February 13, 2020
TIME: 8:00 a.m., Eastern Time (ET)

A live webcast of the call and relevant financial charts will be available at www.bombardier.com

Stakeholders wishing to listen to the presentation and question and answer period by telephone may dial one of the following conference call numbers:

In English: +1 514 394 9320 or
+1 866 240 8954 (toll–free in North America)
+800 6578 9868 (overseas calls)
In French: +1 514 394 9316 or
(with translation) +1 888 791 1368 (toll–free in North America)
+800 6578 9868 (overseas calls)

The replay of this call will be available on Bombardier's website shortly after the end of the webcast.

For Information
Jessica McDonald Patrick Ghoche
Advisor, Media Relations Vice President, Corporate Strategy
and Public Affairs and Investor Relations
Bombardier Inc. Bombardier Inc.
+1 514 861 9481 +1 514 861 5727