BOISE, Idaho & CAMP HILL, Pa.–(BUSINESS WIRE)–Albertsons Companies, Inc. one of the nation’s largest grocery retailers, and Rite Aid Corporation (NYSE:RAD), one of the nation’s leading drugstore chains, announced today that they will host a joint analyst event on May 15, 2018. The management teams of both companies will discuss the strategic and financial benefits of the proposed merger transaction between Albertsons Cos. and Rite Aid.

As previously announced on February 20, 2018, Albertsons Cos. and Rite Aid announced a definitive merger agreement under which privately held Albertsons Cos. will merge with publicly traded Rite Aid.

In-person attendance is by invitation only; however, the event will be webcast live beginning at 9 a.m. until approximately 2 p.m. ET. The webcast can be accessed in the Investor Relations sections of www.albertsonscompanies.com and www.riteaid.com, along with an accompanying presentation and will be available for replay until the Rite Aid special stockholders meeting.

About Albertsons Companies

Albertsons Companies, Inc. is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. Albertsons Cos. operates stores across 35 states and the District of Columbia under 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs, as well as meal kit company Plated based in New York City. Albertsons Cos. is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2016 alone, along with the Albertsons Companies Foundation, the company gave nearly $300 million in food and financial support. These efforts helped millions of people in the areas of hunger relief, education, cancer research and treatment, programs for people with disabilities and veterans outreach.

About Rite Aid Corporation

Rite Aid Corporation (NYSE: RAD) is one of the nation’s leading drugstore chains with fiscal 2018 annual revenues of $21.5 billion. The company also owns EnvisionRxOptions, a multi-faceted healthcare and pharmacy benefit management (PBM) company supporting a membership base of more than 22 million members; RediClinic, a convenient care clinic operator with locations in Delaware, New Jersey, Pennsylvania, Texas and Washington; and Health Dialog, a leading provider of population health management solutions including analytics, a multi-channel coaching platform and shared decision-making tools. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

Important Notice Regarding Forward-Looking Statements

This communication contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the pending merger between Rite Aid Corporation (“Rite Aid”) and Albertsons Companies, Inc. (“Albertsons”) and the transactions contemplated thereby, and the parties perspectives and expectations, are forward looking statements. Such statements include, but are not limited to, statements regarding the benefits of the proposed merger, integration plans, expected synergies and revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth and the expected timing of the transactions contemplated by the merger agreement. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated. Such risks and uncertainties include, but are not limited to, risks related to the expected timing and likelihood of completion of the pending merger, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain conditions, limitations or restrictions in connection with such approvals, or that the required approval of the merger agreement by the stockholders of Rite Aid was not obtained; risks related to the ability of Albertsons and Rite Aid to successfully integrate the businesses; the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement (including circumstances requiring Rite Aid to pay Albertsons a termination fee pursuant to the merger agreement); the risk that there may be a material adverse change of Rite Aid or Albertsons; risks related to disruption of management time from ongoing business operations due to the proposed transaction; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Rite Aid’s common stock, and the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Rite Aid to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; risks related to successfully integrating the businesses of the companies, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the combined company may be unable to achieve cost-cutting synergies or it may take longer than expected to achieve those synergies; and risks associated with the financing of the proposed transaction. A further list and description of risks and uncertainties can be found in Rite Aid’s Annual Report on Form 10-K for the fiscal year ended March 3, 2018 filed with the Securities and Exchange Commission (“SEC”) and in the registration statement on Form S-4, as it may be amended, that was filed with the SEC by Albertsons on April 6, 2018 in connection with the proposed merger, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and Rite Aid undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Additional Information and Where to Find It

In connection with the proposed merger involving Rite Aid and Albertsons, Rite Aid and Albertsons have prepared and Albertsons has filed with the SEC on April 6, 2018 a registration statement on Form S-4 that includes a proxy statement of Rite Aid that also constitutes a prospectus of Albertsons. The registration statement is not yet final and will be amended. Rite Aid will mail the proxy statement/prospectus and a proxy card to each stockholder entitled to vote at the special meeting relating to the proposed merger. Rite Aid and Albertsons also plan to file other relevant documents with the SEC regarding the proposed merger. INVESTORS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE, AS WELL AS OTHER DOCUMENTS FILED WITH THE SEC, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. RITE AID’S EXISTING PUBLIC FILINGS WITH THE SEC SHOULD ALSO BE READ, INCLUDING THE RISK FACTORS CONTAINED THEREIN.

Investors and security holders may obtain copies of the Form S-4, including the proxy statement/prospectus, as well as other filings containing information about Rite Aid, free of charge, from the SEC’s website (www.sec.gov). Investors and security holders may also obtain Rite Aid’s SEC filings in connection with the transaction, free of charge, from Rite Aid’s website (www.RiteAid.com) under the link “Investor Relations” and then under the tab “SEC Filings,” or by directing a request to Rite Aid, Byron Purcell, Attention: Senior Director, Treasury Services & Investor Relations. Copies of documents filed with the SEC by Albertsons will be made available, free of charge, on the SEC’s website (www.sec.gov) and on Albertsons’ website at www.albertsonscompanies.com.

Participants in Solicitation

Rite Aid, Albertsons and their respective directors, executive officers and employees and other persons may be deemed to be participants in the solicitation of proxies from the holders of Rite Aid common stock in respect of the proposed transaction. Information regarding Rite Aid’s directors and executive officers is available in its definitive proxy statement for Rite Aid’s 2017 annual meeting of stockholders filed with the SEC on June 7, 2017, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such definitive proxy statement. Information about the directors and executive officers of Albertsons is set forth in the registration statement on Form S-4, including the proxy statement/prospectus, as it may be amended, that has been filed with the SEC on April 6, 2018. Other information regarding the interests of the participants in the proxy solicitation may be included in the definitive proxy statement/prospectus when it becomes available. These documents can be obtained free of charge from the sources indicated above.

Non-Solicitation

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Contacts

For Albertsons Companies
INVESTORS:
Melissa Plaisance, 925-226-5115
melissa.plaisance
or
MEDIA:
Christine Wilcox, 208-395-4163
christine.wilcox
or
For Rite Aid
INVESTORS:
Byron Purcell, 717-975-5809
investor
or
MEDIA:
Ashley Flower, 717-975-5718
aflower

(c)2018 Business Wire, Inc. – All rights reserved.

BOISE, Idaho–(BUSINESS WIRE)–Dallas-based residential mortgage originator PrimeLending, a PlainsCapital company, announces the addition of Amy Wirshing as a loan officer at the PrimeLending office located at 950 West Bannock Street, Suite 450, Boise, ID 83702.

“My goal is to make the mortgage process go as smoothly as possible and surprise people with how easy it really can be with the right team of people behind you”

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Wirshing brings more than 10 years of mortgage industry experience to PrimeLending and has helped hundreds of homebuyers through the home loan process.

“As we continue to gain market share in Idaho, we are extremely excited to welcome someone of Amy’s caliber to our growing team,” said branch manager Jeremy Bordner.

In her new role, Wirshing will work with residents in the community on purchase and refinance mortgage loans needed throughout the greater Boise area.

“My goal is to make the mortgage process go as smoothly as possible and surprise people with how easy it really can be with the right team of people behind you,” said Wirshing.

With a 96% customer satisfaction rating1 and more than 7,000 5-Star Zillow® reviews nationwide, PrimeLending has been known for making home loans simple for more than 30 years.

To learn more about the downtown Boise branch, be sure to visit its website at https://lo.primelending.com/downtownboise and “like” its Facebook page at https://www.facebook.com/PrimeLendingDowntownBoise/.

About PrimeLending

PrimeLending, a PlainsCapital Company, is a national residential mortgage originator. In 2012, 2013, 2014, 2015, 2016 and 2017 PrimeLending was listed as a top 10 mortgage lender in the nation in purchase units.2 Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is authorized to make loans in 50 states and the District of Columbia. Founded in 1986, PrimeLending is a wholly owned subsidiary of PlainsCapital Bank, which in turn is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH). More information at PrimeLending.com.

1 Survey administered and managed by an independent third party following loan closing. 96% satisfaction rating refers to the rating customers gave to PrimeLending’s loan officers.

2 Ranked by Marketrac® for purchase units nationally for Jan.-Dec. 2012-2017.

All loans subject to credit approval. Rates and fees subject to change. ©2018 PrimeLending, a PlainsCapital Company® (NMLS: 13649). Equal Housing Lender. PrimeLending is a wholly owned subsidiary of a state-chartered bank and is an exempt lender in ID. v010918

Contacts

PrimeLending
Jeremy Bordner, 208-488-4218
jbordner

(c)2018 Business Wire, Inc. – All rights reserved.

The Commitment to Idaho Award, now in its third year, recognizes individuals and organizations committed to improving the lives of Idahoans. Interfaith Sanctuary, a downtown Boise homeless shelter, serves up to 160 people of all genders, races, religions and sexual orientation, as well as families with children, by providing safe overnight emergency shelter, and practical and supportive services to transition out of homelessness. The shelter was chosen for the award from among dozens of individuals and organizations nominated by the public.

“Interfaith Sanctuary is well known throughout the Treasure Valley for providing a warm meal and safe shelter for hundreds of Idahoans every day,” said Corey Cook, dean of the School of Public Service. “But many might not realize the wide range of vital supportive services they offer to help their guests on the road to self-sufficiency, or that they are known nationally for their innovative solutions to seemingly intractable problems. Beyond addressing the immediate needs of people in crisis, Interfaith improves the lives of individuals and families by treating them with dignity while working with them to find creative, long-term solutions to their challenges. The entire Interfaith community exemplifies a deep commitment to Idaho.”

Dottie Stimpson also will be posthumously recognized with the Enhancing Public Discourse Award for founding and guiding the City Club of Boise. Stimpson, who passed away in October 2017, founded City Club in 1995 after concluding that Boise needed a venue where its citizens could learn about and discuss important issues of the day in a non-partisan, civil manner.

“Dottie recognized that we would benefit from an informed and civil discussion of issues in a respectful forum,” said former Idaho State Rep. Wendy Jaquet. “Her founding of the City Club was inspired.”

Previous Commitment to Idaho award winners include U.S. Rep. Mike Simpson for his work securing National Wilderness protection for the Boulder-White Clouds (now known as the Cecil D. Andrus-White Clouds Wilderness), and former state legislator and educator Bruce Newcomb.

About Boise State University
A public metropolitan research university with more than 22,000 students, Boise State is proud to be powered by creativity and innovation. Located in Idaho’s capital city, the university has a growing research agenda and plays a crucial role in the region’s knowledge economy and famed quality of life. In the past 10 years, the university has quadrupled the number of doctoral degrees, doubled its master’s degrees and now offers 13 online degree programs. Learn more at www.BoiseState.edu.

April 19, 2018 08:00 AM Mountain Daylight Time

BOISE, Idaho–(BUSINESS WIRE)–Prefab Logic, a leader in volumetric modular construction, has launched services that help startups develop best-in-class modular manufacturing plants to meet a sea-change of demand for modular construction.

Modular #construction industry leader Prefab Logic launches new service to help startups create efficient #modular #manufacturing plants, address #housing shortages.

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Rick Murdock and Roger Lyons, in-house manufacturing experts at Prefab Logic, have developed many volumetric modular factory operations worldwide. In the face of a vast increase in modular building projects, Prefab Logic is now offering services to design and build new factories and meet surging needs outpacing current capacity.

“For the cost, labor, and time-to-market issues so critical in today’s construction industry, volumetric modular construction is the smart way to build,” Murdock says. “As we’ve helped developers and others get construction projects done using modular, we’ve seen the big need for more factories to meet demand, and we know how to get them running most efficiently.”

Murdock co-founded Prefab Logic after decades on both sides of the industry—factory operations and construction site. The firm hired Lyons last year to add extensive manufacturing expertise.

“With modular, most of the work is done in the factory. It’s high-quality construction because it follows best manufacturing practices in a controlled environment,” Lyons explains. “We’ve perfected those best practices as we’ve designed many factories for this purpose.”

“Most early factories were designed for movable structures,” Murdock adds. “Today, the vast difference in the type of modular construction needed along with the labor challenges we face dictate more progressive design and layouts. We can help owners avoid common pitfalls.”

Murdock and Lyons recently completed the Factory_OS facility on Mare Island in Vallejo, California. The Prefab Logic team brought the expertise needed to turn a former US naval facility into the modular factory of the future. According to the San Francisco Business Times, Factory_OS is fully booked for the first year, with projects including studios for formerly homeless people in Oakland, 110 new apartments in West Oakland, and 300 homes for Google parent-company Alphabet.

“In tight markets like the Bay Area, modular is a much smarter way to build,” Murdock says.

Prefab Logic (www.prefablogic.com) is the leading modular consultant offering independent design, manufacturing, and factory startup services built on unparalleled real-world experience with all phases of commercial modular construction.

Contacts

Prefab Logic
Jon Moon, 208-890-1669
Vice President

(c)2018 Business Wire, Inc. – All rights reserved.

“I am so pleased with this fantastic accomplishment. AACSB Accreditation represents the highest standards of achievement for business schools worldwide, with less than 5 percent of all business schools earning accreditation,” said Ken Petersen, dean of the College of Business and Economics.

The college has maintained accreditation since 1979 and is one of even fewer schools to achieve AACSB accreditation for both the business school and the accountancy program.

As part of the reaccreditation process, AACSB assesses the college’s ability to perform in critical areas, such as teaching, research, curricula development and student learning. Undergraduate and master’s degree programs both must pass rigorous standards. Factors reviewed include the quality of programs, achievements of faculty, academic performance of students, the number of international students, the number of employers that recruit from the college and the salaries of graduates.

Learn more about accreditation standards at aacsb.edu.

April 06, 2018 07:00 AM Mountain Daylight Time

BOISE, Idaho–(BUSINESS WIRE)–The City of Meridian Police Department had everything they needed to raise money for their K9 Unit except a way to take electronic payments. That’s when they called upon Access Idaho.

“Access Idaho was a fantastic partner during this fundraising effort”

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“Access Idaho provided us with equipment to accept credit card payments for our March event, which really boosted donations,” said Berle Stokes, Patrol Lieutenant for the Meridian Police Department.

A Meridian business donated 1,000 Meridian Police themed stuffed dogs, with all proceeds from their sale earmarked for Meridian’s K9 Unit.

“To date, we have raised well over $10,000,” Stokes added. “The money will be used to provide advanced training for our canine teams and purchase ballistic vests for all the dogs. We also hope to use future monies to perhaps purchase another canine.”

Access Idaho processes payments for other City of Meridian departments, including the Mayor’s Office, Community Development, the Clerk’s Office and Public Works.

“Access Idaho was a fantastic partner during this fundraising effort,” Stokes said.

OnTheGo uses NIC’s secure payment processor that takes Visa, MasterCard, AMEX, and Discover. For more information about OnTheGo, visit https://onthego.idaho.gov.

About Access Idaho

Access Idaho is the administrator of Idaho’s official Web portal (idaho.gov) and provider of electronic government solutions for the state. The network manager for the portal is Idaho Information Consortium, a subsidiary of digital government firm NIC.

About NIC

Founded in 1992, NIC Inc. (NASDAQ: EGOV) is the nation’s premier provider of innovative digital government solutions and secure payment processing, which help make government interactions more accessible for everyone through technology. The family of NIC companies has developed a library of more than 12,000 digital government services for more than 4,500 federal, state, and local government agencies. Among these solutions is the ground-breaking digital government personal assistant, Gov2Go, delivering citizens personalized reminders and a single access point for government interactions. More information is available at www.egov.com.

Contacts

Access Idaho
Rich Steckler
208-332-0102 x1120
rich