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Vamo’ Arriba: JetBlue Launches Contest to Select New Livery Celebrating Puerto Rico

JetBlue partners with Puerto Rican artists to showcase the vibrant culture of ‘La Isla Del Encanto’ through a special aircraft livery design

Voting is open now through March 1; winning design to be unveiled this summer

SAN JUAN, Puerto Rico–(BUSINESS WIRE)–
JetBlue (Nasdaq: JBLU), Puerto Rico’s largest airline, is turning up the sazón with a brand-new initiative celebrating the island’s vibrant culture and heritage. JetBlue is launching a contest to create a stunning new aircraft livery inspired by Puerto Rico, designed in collaboration with three talented Puerto Rican artists. The winning design will proudly take flight on a JetBlue Airbus A320 later this summer, bringing Boricua flair to the skies. This marks JetBlue’s second Puerto Rico-dedicated livery, following the debut of a plane named Bluericua back in 2018.

Each of the three renowned artists has created a distinctive design that reflects Puerto Rico, and now, the public is invited to help select the winning look. Voting is open now through March 1¹, giving customers and fans the opportunity to play a role in bringing this special livery to life. The final design will be unveiled in March before taking to the skies as JetBlue’s latest flying work of art this summer.

“Puerto Rico has been a part of JetBlue’s story for more than 20 years, and we are proud to showcase the island’s beauty and spirit, as well as some of its outstanding artists through this new livery search,” said Jayne O’Brien, head of marketing and customer support, JetBlue. “We take pride in connecting our customers to and from Puerto Rico, but most importantly, in celebrating the people who make the island so special. This livery represents more than just a beautiful design—it’s a tribute to the island’s resilience, creativity, and rich culture. We wish we could pick all three, but we’re excited to see which design resonates most with the public and can’t wait to bring it to life.”

“We appreciate JetBlue’s continued commitment to Puerto Rico, now dedicating a second aircraft to showcase our Island’s distinctive heritage,” said Jenniffer González, governor of Puerto Rico. “This initiative not only strengthens our long-time partnership with the airline, but also provides an incredible platform for our talented artists. We encourage everyone to participate and vote to help select a design that will proudly represent our culture in the skies.” 

“We are excited to support this effort, which celebrates Puerto Rico’s cultural richness and artistic talent,” said Willianette Robles, executive director of the Puerto Rico Tourism Company. “Showcasing our Island on another JetBlue aircraft will enhance our visibility in other markets, reinforcing our identity as a top destination in the Caribbean. This is a unique opportunity to promote creativity while sharing our story with travelers everywhere.”

To vote for your favorite design and learn more about the artists behind the concepts, visit https://vamoarribajetblue.com/en.

Meet the Artists

JetBlue is honored to collaborate with three distinguished Puerto Rican artists for this initiative. Each artist brings a unique perspective and artistic style that reflects the spirit and heritage of Puerto Rico. Each has been compensated for their time.

• Elizabeth Barreto: Drawing from pop culture and her signature portrait and illustration style, visual artist Elizabeth Barreto creates a vibrant tribute to Puerto Rico. Her design captures the island’s beauty by day and night—celebrating the beaches, the lively nighttime rhythm, and the coquí’s iconic song.
• Juan Gutierrez: Better known as ‘The Stencil Network,’ Juan, is a visual artist celebrated for his mastery of stencil techniques. His work has been showcased in Puerto Rico, New York, and Vienna. His design was inspired by iconic symbols of Puerto Rican identity – from the proud “Jíbaro” figure on the tail to the island’s colorful fruits and plants.
• Natalia Nicole: Known as 2BLEENE (“double N” in Spanish), Natalia is a Puerto Rican native now bringing her talents to Europe. Her art combines contemporary abstraction with her love for flowers and nature. Inspired by the bold colors of JetBlue and the Puerto Rican flag, her design is a vibrant tribute to Puerto Rico’s lush flora – from the Azucena, carambola, Cruz de Malta, and the iconic hibiscus.

JetBlue’s Commitment to Puerto Rico

JetBlue has been part of Puerto Rico’s community for over 20 years and continues to grow its presence on the island. In December 2024, JetBlue opened its first crew base outside the continental U.S. in San Juan, starting with inflight crewmembers. This expansion has created jobs and strengthened the airline’s connection to the local economy. San Juan-based pilots are expected to join the base in spring of this year.

JetBlue has also recently expanded its network, adding more flights between Puerto Rico, key mainland cities, and the Caribbean. In Puerto Rico, JetBlue provides service from San Juan, Aguadilla and Ponce. With increased service, the airline is making it easier for Puerto Ricans to travel for business, leisure, or to reconnect with loved ones. JetBlue remains committed to Puerto Rico’s future—partnering with local organizations to boost tourism, create jobs, and support cultural preservation.

About JetBlue

JetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue carries customers to more than 100 destinations throughout the United States, Latin America, Caribbean, Canada and Europe. For more information and the best fares, visit jetblue.com.

1. Terms apply. Cast your vote: https://vamoarribajetblue.com/ – one vote maximum per person through March 1, 2025.

 

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JetBlue Corporate Communications

Tel: +1.718.709.3089

[email protected]

KEYWORDS: Latin America Caribbean Puerto Rico

INDUSTRY KEYWORDS: Air Transport Other Travel Transportation Vacation Destinations Travel

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Posted on February 19, 2025 9:23 am

Upland Panviva Launches Sidekick, An AI-Powered Agent Assistant

Upland Panviva Launches Sidekick, An AI-Powered Agent Assistant

AUSTIN, Texas–(BUSINESS WIRE)–Upland Software, Inc. (Nasdaq: UPLD), a leader in AI-enabled cloud software for digital transformation, today announced that Upland Panviva has launched Sidekick, a modern way to deliver compliant and contextualized knowledge to agents, the superheroes of contact centers.

As a trusted leader in highly regulated industries, Panviva delivers next-generation, AI-powered guidance for complex and compliance-driven organizations. Panviva offers flexible solutions that meet customers’ omnichannel needs, such as integrations with chatbots, AI agents, and CRMs. With the power of GenAI curation that is approved by business experts, organizations can deliver real-time recommendations when agents and customers need it most.

“At Upland, our vision centers around prioritizing success through tailored expertise and a relentless commitment to technology advancements. As AI reshapes contact center operations, robust knowledge management has become the cornerstone of immediacy while maintaining accuracy and compliance,” said Sean Coleman, Senior Vice President and General Manager of Knowledge and Contact Center Management solutions at Upland Software. “For over two decades, Panviva has been the backbone of driving compliance for contact centers across highly regulated industries like healthcare, utilities, and banking. Now, we’re evolving to help these same customers harness the power of AI with governed knowledge management.”

As an out-of-the-box assistant, Panviva Sidekick allows agents to seamlessly utilize the power of AI search and spend more time listening to customers, providing critical real-time guidance that instantly improves customer experience. Sidekick’s capabilities include the following:

• AI Search: Sophisticated, cutting-edge search that bridges Panviva Sidekick and your team’s existing knowledge
• Smart Snippets: AI-generated summarized snippets from Panviva’s curation platform, Digital Orchestrator
• Sleek Interface: Easy-to-use browser extension created with the modern agents’ needs top of mind

“As technology and the speed of information evolve, customers demand immediate, personalized interactions,” said Amy Machado, Senior Research Manager of Enterprise Content at IDC. “Answers can arrive in real time, but multiple sources, lengthy documents, or complex procedures can slow down the process, frustrating both customers and agents. GenAI tools can automatically generate concise, dynamic summaries or snippets from the trusted knowledge base.”

Building on Panviva’s 20+ years of knowledge management expertise, Panviva Sidekick solidifies the product’s impact on the next generation of agent guidance by utilizing Smart Snippets and AI search. Panviva Sidekick is channel-specific, audience-specific, and dynamic, helping customers add tags to capture competency and enabling faceted results to change based on the metadata added.

Learn more about Upland Panviva Sidekick capabilities here.

About Upland Software

Upland Software Inc. enables global businesses to work smarter with over 25 proven enterprise cloud software products that increase revenue, reduce costs, and deliver immediate value. Our solutions offer many integrated AI capabilities and cover digital marketing, knowledge management, contact center service, sales productivity, content lifecycle automation, and more. Upland’s powerful cloud products are trusted by more than 10,000 global customers. Learn how Upland helps businesses achieve outcomes that matter at www.uplandsoftware.com.

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Lloyd Berry

[email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Telecommunications Software Digital Marketing Artificial Intelligence Robotics Data Management Communications Technology

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Blaize to Participate at Upcoming KeyBanc Emerging Technology Summit

EL DORADO HILLS, Calif.–(BUSINESS WIRE)–
Blaize Holdings, Inc. (NASDAQ:BZAI), a provider of purpose-built, artificial intelligence (AI)-enabled edge computing solutions, today announced that the company will attend and present at the following investor conference:

KeyBanc Emerging Technology Summit

Date: March 4, 2025

Webcast Link: https://wsw.com/webcast/key33/bzai/1665370

*Presentation to be webcast live at 2:30pm PT/5:30pm ET

*A live and archived webcast of the presentation will be available at ir.blaize.com.

About Blaize

Blaize provides a full-stack programmable processor architecture suite and low-code/no-code software platform that enables AI processing solutions for high-performance computing at the network’s edge and in the data center. Blaize solutions deliver real-time insights and decision-making capabilities at low power consumption, high efficiency, minimal size and low cost. Blaize has raised over $330 million from strategic investors such as DENSO, Mercedes-Benz AG, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Investors. Headquartered in El Dorado Hills (CA), Blaize has more than 200 employees worldwide with teams in San Jose (CA) and Cary (NC), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE). To learn more, visit www.blaize.com or follow us on LinkedIn and on X at @blaizeinc.

Cautionary Statement Regarding Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”) that are based on beliefs and assumptions and on information currently available to Blaize, including statements regarding the industry in which Blaize operates, market opportunities, and product offerings. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “target,” “seek” or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the expected benefits of the Blaize’s business combination with BurTech Acquisition Corp. (the “Business Combination”) are not obtained; (iii) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (iv) the risk that the Business Combination disrupts current plans and operations of Blaize as a result of the consummation of the Business Combination; (v) failure to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vi) costs related to the Business Combination; (vii) changes in applicable law or regulations; (viii) the outcome of any legal proceedings that may be instituted against Blaize; (ix) the effects of competition on Blaize’s future business; (x) the ability of the combined company to issue equity or equity-linked securities or obtain debt financing; (xi) the enforceability of Blaize’s intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others; and (xii) those factors discussed under the heading “Risk Factors” in our Registration Statement on Form S-1 filed with the Securities and Exchange Commission (SEC) on February 10, 2025 and other documents filed by Blaize from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Blaize assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law, including the securities laws of the United States and the rules and regulations of the SEC. Blaize does not give any assurance that it will achieve its expectations.

The financial projections in this release are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Blaize’s control. While such projections are necessarily speculative, Blaize believes that the preparation of prospective financial information involves increasingly higher levels of uncertainty the further out the projection extends from the date of preparation. The assumptions and estimates underlying the projected results are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projections. The inclusion of financial information or projections in this press release should not be regarded as an indication that Blaize, or its representatives and advisors, considered or consider the information or projections to be a reliable prediction of future events. The independent registered public accounting firm of Blaize has not audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this press release and, accordingly, has not expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this press release.

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Investors

The Blueshirt Group, for Blaize

[email protected]

Media

Blaize

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Software Networks Hardware Artificial Intelligence Data Management Technology Semiconductor Other Technology

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Allurion to Raise Approximately $6.1 Million of Gross Proceeds in Offering and Concurrent Private Placement to Advance GLP-1 Clinical Pipeline

NATICK, Mass.–(BUSINESS WIRE)–
Allurion Technologies, Inc. (“Allurion” or the “Company”) (NYSE: ALUR), a company dedicated to ending obesity, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 900,000 shares of the Company’s common stock at a price of $5.23 per share in a registered direct offering. In addition, the Company will issue to the investors warrants to purchase up to 1,800,000 shares of common stock in a concurrent private placement. The warrants have an exercise price of $5.23 per share and will become exercisable immediately following the date of stockholder approval and expire on the fifth anniversary of receipt of such approval. The registered direct offering of common stock and the concurrent private placement of warrants are collectively referred to as the offering herein.

In addition, the Company entered into a subscription agreement with funds affiliated with Leavitt Equity Partners for the purchase and sale of 267,686 shares of common stock and warrants to purchase up to 535,372 shares of common stock in a concurrent private placement at a purchase price of $5.23 per share and accompanying warrant.

Roth Capital Partners is acting as the exclusive placement agent for the offering and the concurrent private placement.

The aggregate gross proceeds to the Company from the offering and concurrent private placement are expected to be approximately $6.1 million, before deducting the placement agent’s fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from the offering and concurrent private placement to fund its clinical pipeline testing the effects of the combination of the Allurion Balloon and GLP-1 therapy on muscle mass and long-term GLP-1 adherence, for working capital, and for general corporate purposes. The closing of the offering and concurrent private placement is expected to occur on or about February 20, 2025, subject to the satisfaction of customary closing conditions.

The shares in the offering described above are being offered by the Company pursuant to a shelf registration statement on Form S-3 (File No. 333-283721) previously filed with the Securities and Exchange Commission (the ”SEC”) and declared effective by the SEC on December 20, 2024. The offering is being made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement, relating to the offering that will be filed with the SEC. Electronic copies of the final prospectus supplement and accompanying prospectus may be obtained, when available, on the SEC’s website at www.sec.gov or by contacting Roth Capital Partners, LLC at 888 San Clemente Drive, Newport Beach CA 92660, by phone at (800) 678-9147 or by accessing the SEC’s website, www.sec.gov.

The warrants sold in the offering and the securities sold in the concurrent private placement are being made in a transaction not involving a public offering and have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state or other applicable jurisdiction’s securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions’ securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer, solicitation or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Allurion

Allurion is dedicated to ending obesity. The Allurion Program is a weight-loss platform that combines the Allurion Gastric Balloon, the world’s first and only swallowable, procedure-less^TM gastric balloon for weight loss, the Allurion Virtual Care Suite, including the Allurion Mobile App for consumers and Allurion Insights for healthcare providers featuring the Iris AI Platform, and the Allurion Connected Scale. The Allurion Virtual Care Suite is also available to providers separately from the Allurion Program to help customize, monitor, and manage weight-loss therapy for patients regardless of their treatment plan. The Allurion Gastric Balloon is an investigational device in the United States.

For more information about Allurion and the Allurion Virtual Care Suite, please visit www.allurion.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the U.S. federal and state securities laws. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “target,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions and include statements regarding the expected completion, timing and size of the offering and concurrent private placement and other statements about future events that reflect the current beliefs and assumptions of Allurion’s management based on information currently available to them and, as a result, are subject to risks and uncertainties. Forward-looking statements are predictions, projections and other statements about future events that reflect the current beliefs and assumptions of Allurion’s management based on information currently available to them and, as a result, are subject to risks and uncertainties. Many factors could cause actual future results or developments to differ materially from the forward-looking statements in this press release, including but not limited to (i) the ability of Allurion to obtain regulatory approval for and successfully commercialize the Allurion Program, (ii) the timing of and results from its clinical studies and trials and its ability to initiate and complete clinical studies, including the clinical study on the combination of the Allurion Program with GLP-1 agonists, (iii) the evolution of the markets in which Allurion competes and the rise of GLP-1 drugs, (iv) the ability of Allurion to defend its intellectual property and satisfy regulatory requirements, (v) the impact of the COVID-19 pandemic, Russia-Ukraine war and Israel-Hamas war on Allurion’s business, (vi) Allurion’s expectations regarding its market opportunities, (vii) the outcome of any legal proceedings against Allurion, (viii) the risk of economic downturns and a changing regulatory landscape in the highly competitive industry in which Allurion operates, and (ix) uncertainties related to market conditions and the completion of the offering on the anticipated terms or at all. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K filed on March 26, 2024 and Amendment No. 1 thereto filed on April 29, 2024, the Company’s Quarterly Report on Form 10-Q filed on November 13, 2024 and other documents filed by Allurion from time to time with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Allurion assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Allurion does not give any assurance that it will achieve its expectations.

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Global Media

Hannah Lindberg

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Health Fitness & Nutrition Managed Care Clinical Trials Pharmaceutical Biotechnology

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Food Industry Leader Teams With Ever After Foods to Accelerate Cultivated Meat Market Development

Pioneer Power Announces Preliminary Q4 and Full Year 2024 Financial Results

Preliminary Fourth Quarter 2024 Revenue from Continuing Operations of $9.8 Million; Up 265% Year-Over-Year

FORT LEE, N.J.–(BUSINESS WIRE)–Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024, showcasing a year of remarkable growth and improved profitability. These preliminary unaudited financial results exclude our T&D Solutions segment due to the previously announced sale of that business unit for $50 million in cash and equity to Mill Point Capital on October 29, 2024.

Preliminary (Unaudited) Financial Highlights from the Critical Power Segment for Q4 2024

• Revenue was $9.8 million, as compared to $2.7 million for the same quarter in 2023, an increase of $7.1 million, or 265%.
• Gross profit was $2.8 million, or a gross margin of 29%, as compared to $610,000, or a gross margin of 23%, for the same quarter in 2023.
• Operating income, excluding R&D expense and non-recurring professional fees, was $1.5 million, as compared to a loss of $66,000 for the same quarter in 2023, a year-over-year improvement of $1.6 million.

Preliminary (Unaudited) Financial Highlights from the Critical Power Segment for the Full Year 2024

• Revenue was $22.9 million, as compared to $11.1 million for the year ended December 31, 2023, an increase of 106%.
• Gross profit was $5.5 million, or a gross margin of 24%, as compared to $2.2 million, or a gross margin of 20%, for the year ended December 31, 2023.
• Operating income, excluding R&D expense and non-recurring professional fees, was $1.6 million, as compared to a loss of $1.3 million for the year ended December 31, 2023, a year-over-year improvement of $2.9 million.
• Cash on hand at December 31, 2024 was $41.6 million, as compared to $3.6 million at December 31, 2023, an increase of approximately $38.0 million. Subsequent to the year end, on January 7, 2025, the Company paid a one-time special cash dividend of an aggregate of $16.7 million.

Nathan Mazurek, Chairman and CEO of Pioneer, commented, “I am pleased to report that our preliminary unaudited financial results exceeded our 2024 revenue guidance for our Critical Power segment, delivering outsized revenue growth coupled with accelerating operating profits. We believe we have successfully balanced profitability with strategic investments in product development and marketing, positioning us for sustained growth and profitability.”

Mazurek added, “Our e-Boost platform is gaining momentum, with surging demand in its core fleet electrification market, including trucks, buses, ride-share vehicles, last-mile-delivery step-vans and specialty vehicles. Moreover, we are seeing broader adoption and engagement across various verticals, such as leisure craft, EVTOLs, construction sites and airport ground service equipment. Notably, our strong 2024 performance and 2025 outlook do not yet account for the upcoming national launch of our new, groundbreaking HOMe-Boost residential solution, offering ‘anytime’ EV charging along with whole-house back-up power, as well as our innovative e-Boost RealM remote monitoring platform.”

The Company plans to issue its final audited financial results and file its annual report on Form 10-K with the Securities and Exchange Commission in the coming weeks.

2025 Outlook

Management reiterates its expectation for revenue of $27 to $29 million for the full year of 2025. The revenue projection for 2025 assumes no contribution from Pioneer’s new HOMe-Boost residential solution or the e-Boost RealM remote monitoring platform.

The foregoing projected outlook constitutes forward-looking information and is intended to provide information about management’s current expectations for the Company’s 2025 fiscal year. Although considered reasonable as of the date hereof, this outlook, and the underlying assumptions may prove to be inaccurate. Accordingly, actual results could differ materially from the Company’s expectations as set forth herein. See “Forward-Looking Statements.”

In preparing the above outlook, the Company assumed, among other things, (i) that the Company’s backlog orders will translate into revenue, (ii) that the Company will be able to satisfactorily complete and deliver all orders and (iii) the timely payment by customers for all billings. This section includes forward-looking statements. See “Forward-Looking Statements.”

About Pioneer Power Solutions, Inc.

Pioneer Power Solutions, Inc. is a leader in the design, manufacture, integration, refurbishment, service and distribution of electric power systems, distributed energy resources, power generation equipment and mobile electric charging solutions for applications in the utility, industrial and commercial markets. To learn more about Pioneer, please visit its website at www.pioneerpowersolutions.com.

e-Boost is Pioneer’s portfolio of smart, mobile EV charging solutions. The Company has been aggressively marketing e-Boost to electric bus and truck manufacturers, fleet management companies, municipalities and EV infrastructure providers since its initial launch in November 2021.

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of the federal securities laws. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) the Company’s ability to successfully operate its business after the divestiture of its E-Bloc business, (ii) the Company’s ability to successfully increase its revenue and profit in the future, (iii) general economic conditions and their effect on demand for electrical equipment, (iv) the effects of fluctuations in the Company’s operating results, (v) the fact that many of the Company’s competitors are better established and have significantly greater resources than the Company, (vi) the Company’s dependence on two customers for a large portion of its business, (vii) the potential loss or departure of key personnel, (viii) unanticipated increases in raw material prices or disruptions in supply, (ix) the Company’s ability to realize revenue reported in the Company’s backlog, (x) future labor disputes, (xi) changes in government regulations, (xii) the liquidity and trading volume of the Company’s common stock, (xiii) an outbreak of disease, epidemic or pandemic, such as the global coronavirus pandemic, or fear of such an event, (xiv) risks associated with litigation and claims, which could impact our financial results and condition, and (xv) the Company’s ability to maintain compliance with the continued listing requirements of the Nasdaq Capital Market.

More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including the Company’s Annual and Quarterly Reports on Form 10-K and Form 10-Q, respectively. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250219941469/en/

Brett Maas, Managing Partner

Hayden IR

(646) 536-7331

[email protected]

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: Automotive Manufacturing Utilities Manufacturing Energy Other Manufacturing Machinery

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Posted on February 19, 2025 9:21 am

UFP Technologies to Report Fourth Quarter and Year-end 2024 Results on February 25, 2025

NEWBURYPORT, Mass., Feb. 19, 2025 (GLOBE NEWSWIRE) — UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging and other highly engineered custom products, today announced that the Company plans to report results for the fourth quarter and year-ended December 31, 2024, on Tuesday, February 25^th.

About UFP Technologies, Inc.

UFP Technologies is an innovative designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products. UFP is an important link in the medical device supply chain and a valued outsource partner to many of the top medical device manufacturers in the world. The Company’s single-use and single-patient devices and components are used in a wide range of medical devices and packaging for minimally invasive surgery, infection prevention, wound care, wearables, orthopedic soft goods, and orthopedic implants.

Investor Contact:                                                
Jeff Elliott
Three Part Advisors, LLC
214-966-9014

UFP Technologies Contact:

Ron Lataille, CFO
978-234-0926
[email protected]