Market Newsdesk

TSXV: ITR; NYSE American: ITRG


www.integraresources.com

VANCOUVER, BC
, April 2, 2025 /PRNewswire/ – Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR) (NYSE American: ITRG) is pleased to announce the formal submission of the updated Mine Plan of Operations (“MPO”) to the U.S. Bureau of Land Management (“BLM”) for the DeLamar Project (“DeLamar”) located in southwestern Idaho, United States (“U.S.”). This important regulatory milestone marks the initiation of the federal permitting process under the National Environmental Policy Act (“NEPA”) and represents a major achievement in the advancement of DeLamar.

In parallel with the submission of the MPO, Integra is pleased to announce the appointment of U.S. Air Force Lieutenant General, 3-star, (Ret.) Leonard “Leo” Kosinski as a strategic Board Advisor. General Kosinski brings over three decades of high-ranking military, governmental, and international leadership experience that will support the Company’s growing engagement with federal stakeholders as permitting and development activities accelerate at DeLamar.

Integra would also like to recognize the Executive Order (“EO”) published by the federal administration on March 20, 2025, titled “Immediate Measures to Increase American Mineral Production”. The EO calls for streamlined permitting timelines, enhanced federal permitting coordination, and strategic investment into domestic mineral supply chains. Continued government support for domestic minerals projects comes at a crucial time for Integra as federal permitting efforts officially begin for DeLamar.

George Salamis, President, CEO and Director of Integra commented: “The submission of the updated MPO is a crucial moment for Integra and the future of the DeLamar gold-silver project in Idaho. This marks the official start of the federal mine permitting process and demonstrates our commitment to advancing DeLamar in a responsible, transparent, and timely manner. We believe the enhanced project design reflected in the MPO positions Integra as a leading candidate to benefit from the evolving, progressive, and supportive permitting landscape that is occurring at both federal and state levels. At this time we are also extremely honored to welcome Lieutenant General Kosinski as an advisor to the Company. His deep experience in U.S. federal operations, relationships with senior levels of government, and direct insights into energy security and industrial base resilience will be invaluable as we advance DeLamar through permitting over the next two years. We are thrilled to have Leo on board and look forward to the guidance he will bring as we align our project with national priorities in the U.S.”

Updated MPO Submission: A Major Step Forward for DeLamar

The submission of the updated MPO to the BLM initiates the pathway to the issuance of a Notice of Intent (“NOI”), which is a formal announcement of BLM’s intent to prepare an Environmental Impact Statement (“EIS”) to evaluate the potential environmental effects of the proposed action. The NOI is followed by a scoping process which includes engagement with federal, state, and local agencies and the general public. Once the EIS is formally scoped, the BLM will conduct environmental impact analysis for the proposed action as well as reasonable alternatives to the proposed action. Through this alternatives evaluation process, refinements to the MPO may be identified that reduce environmental impacts. A Draft EIS (“DEIS”) will publish the results of BLM’s environmental analysis and will be open to public comment for a minimum of 45 days. Public comments on the DEIS will be addressed by the BLM in the Final EIS (“FEIS”) and accompanying Record of Decision document, which may include BLM-proposed measures to mitigate environmental impacts. The BLM’s environmental analysis under NEPA (NOI to FEIS) is anticipated to span two years, and is a rigorous, transparent, and prescriptive permitting framework that guides federal review of mining projects on public lands. Federal permitting will be complemented by a host of equally robust permits from multiple Idaho state agencies that serve to protect the quality of Idaho’s air, water, and land.

Integra’s updated MPO for DeLamar reflects a significantly optimized and environmentally enhanced mine plan, including a more compact project footprint and design modifications aimed at reducing projected carbon emissions and water usage. These improvements were developed through extensive technical analysis, stakeholder engagement, and a focus on the integration of modern sustainable mining practices.

Appointment of Lieutenant General (Ret.) Leonard Kosinski as Board Advisor

To strengthen Integra’s federal government engagement and strategic advisory capacity during this critical permitting period, the Company is pleased to welcome Lieutenant General (Ret.) Leo Kosinski as a Strategic Board Advisor.

General Kosinski recently served as Director for Logistics on the Joint Staff at the U.S. Department of Defense and the Pentagon, where he oversaw global logistics, energy and climate planning, deployment operations, and industrial base coordination. His prior roles include Deputy Commander of U.S. Air Forces Japan and Director of Logistics for U.S. Africa Command, where he was responsible for operations across 53 nations. With over 31 years of military and international leadership experience, including multiple postings in Washington D.C., Europe, and Asia, General Kosinski brings a wealth of knowledge in navigating complex government environments, executing strategic infrastructure projects, and advancing policy goals across multiple agencies.

The addition of General Kosinski brings immense and immediate strategic benefit to the Company as federal permitting begins for DeLamar.

Immediate Measures to Increase American Mineral Production Executive Order

Integra welcomes the recent EO signed by the federal administration, on March 20, 2025. The EO titled “Immediate Measures to Increase American Mineral Production” calls for accelerated permitting timelines, enhanced federal permitting coordination, and strategic investment into domestic mineral supply chains. As stated in the EO, permitting bottlenecks for upstream resource projects represent a national security and economic risk that must be addressed immediately. The EO targets specific initiatives including streamlining permitting, re-evaluating land access, clarifying the Mining Act, mobilizing capital, and strategic stockpiling and procurement for domestic minerals.

Additional details on the recently signed EO can be found on the official White House website: https://www.whitehouse.gov/presidential-actions/2025/03/immediate-measures-to-increase-american-mineral-production/

About Integra Resources

Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho and the Nevada North Project located in western Nevada. Integra creates sustainable value for shareholders, stakeholders, and local communities through successful mining operations, efficient project development, disciplined capital allocation, and strategic M&A, while upholding the highest industry standards for environmental, social, and governance practices.

ON BEHALF OF THE BOARD OF DIRECTORS

George Salamis
President, CEO and Director

Forward Looking and Other Cautionary Statements

Certain information set forth in this news release contains “forward‐looking statements” and “forward‐looking information” within the meaning of applicable Canadian securities legislation and applicable United States securities laws (referred to herein as forward‐looking statements). Except for statements of historical fact, certain information contained herein constitutes forward‐looking statements which includes, but is not limited to, statements with respect to: the NOI to FEIS process and expected timelines; the anticipated benefits of the appointment of the Board advisor; the anticipated benefits of the EO; the future financial or operating performance of the Company and the Company’s mineral properties and project portfolio; the results from work performed to date; the estimation of mineral resources and reserves; the realization of mineral resource and reserve estimates; the development, operational and economic results of technical reports on mineral properties referenced herein; magnitude or quality of mineral deposits; the anticipated advancement of the Company’ mineral properties and project portfolios; exploration expenditures, costs and timing of the development of new deposits; underground exploration potential; costs and timing of future exploration; the completion and timing of future development studies; estimates of metallurgical recovery rates; exploration prospects of mineral properties; requirements for additional capital; the future price of metals; government regulation of mining operations; environmental risks; the timing and possible outcome of pending regulatory matters; the realization of the expected economics of mineral properties; future growth potential of mineral properties; and future development plans.

Forward-looking statements are often identified by the use of words such as “may”, “will”, “could”, “would”, “anticipate”, “believe”, “expect”, “intend”, “potential”, “estimate”, “budget”, “scheduled”, “plans”, “planned”, “forecasts”, “goals” and similar expressions. Forward-looking statements are based on a number of factors and assumptions and necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward‐looking statements. Readers are advised to study and consider risk factors disclosed in Integra’s Annual Information Form dated March 26, 2025 for the fiscal year ended December 31, 2024, which is available on the SEDAR+ issuer profile for the Company at www.sedarplus.ca and available as Exhibit 99.1 to Integra’s Form 40-F, which is available on the EDGAR profile for the Company at www.sec.gov.

There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward‐looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The forward-looking statements contained herein are presented for the purposes of assisting investors in understanding the Company’s plans, objectives and goals, and may not be appropriate for other purposes. Forward-looking statements are not guarantees of future performance and the reader is cautioned not to place undue reliance on forward‐looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Integra Resources Corp.

VANCOUVER, BC
, April 2, 2025 /PRNewswire/ – Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) (“Trilogy Metals” or the “Company”) announces its financial results for the first quarter ended February 28, 2025. Details of the Company’s financial results are contained in the interim unaudited consolidated financial statements and Management’s Discussion and Analysis which will be available on the Company’s website at www.trilogymetals.com, on SEDAR⁺ at www.sedarplus.ca and on EDGAR at www.sec.gov. All amounts are in United States dollars unless otherwise stated.

Selected Results

The following selected financial information is prepared in accordance with U.S. GAAP.

For the three-month period ended February 28, 2025, we reported a net loss of $3.6 million comparable to a net loss of $3.6 million for the three-month period ended February 29, 2024. Comparing the first quarter of 2025 to first quarter of 2024, there was an increase of $0.2 million in professional fees due to increased consulting and legal fees related to the Bornite preliminary economic assessment technical report and the Company’s Base Shelf Prospectus filing, offset by a decrease of $0.2 million in our share of losses of Ambler Metals LLC (“Ambler Metals”) due to reduction in activities at the Ambler Access Project (as defined below).

Corporate and Project Activities

Bornite PEA

On January 15, 2025, the Company announced the positive results of its Preliminary Economic Assessment Study (“Bornite PEA”) for the Bornite copper project. Highlights of the Bornite PEA include the following:

• 1.9 billion pounds of copper over 17-year mine life;
• Potential to extend mine activity for the Upper Kobuk Mineral Projects to over 30 years;
• Pre-tax net present value (“NPV”)8% of $552.0 million and an internal rate of return (“IRR”) of 23.6%; and
• After-tax NPV8% of $394.0 million and after-tax IRR of 20.0%.

The Bornite PEA describes the technical and economic viability of establishing an underground mining operation for a 6,000 tonne-per-day operation with a 17-year mine life. The Bornite PEA assumes re-purposing the infrastructure described in the Company’s current Feasibility Study for the Arctic Project for the use with the Bornite Project once the Arctic deposit has been depleted. More information on the Arctic Feasibility Study and the Bornite PEA can be accessed on the Company’s website at www.trilogymetals.com.

Budget -Trilogy

The Company has a 2025 fiscal year cash budget totaling $3.1 million. For the three-month period ended February 28, 2025, we used $0.8 million in operating activities mainly for personnel costs, professional fees, regulatory and office expenses compared with budgeted cash expenditures totaling $1.0 million. 

Budget – Ambler Metals LLC

The board of Ambler Metals approved a 2025 fiscal year budget totaling $5.8 million to support external and community affairs, to maintain the State of Alaska mineral claims in good standing, and for the maintenance of physical assets. During the three-month period ended February 28, 2025, Ambler Metals expended $1.2 million on salaries and wages, professional fees, engineering, project support costs and mineral property expenses, and the Ambler Access Project costs mainly for subsistence committee meetings and community relations, compared with the budget of $1.0 million.

Ambler Mining District Industrial Access Project (“Ambler Access Project” or “Ambler Road”)

On January 20, 2025, President Trump signed a comprehensive executive order titled “Unleashing Alaska’s Extraordinary Resource Potential”, instructing agency heads across the federal government to revoke, rescind or revise regulations that are inconsistent with resource development in Alaska, including those issued by former President Biden when he was in office.

It places a moratorium on all activities related to the rejection of a right-of-way permit to build the Ambler Road and directs the reinstatement of the prior Trump Administration’s 2020 approval of the right-of-way permit to build the Ambler Road.

The order was broadly welcomed by Alaska’s political leaders, including Senators Dan Sullivan and Lisa Murkowski, and Representative Nick Begich.

Department of Interior Secretary Doug Burgum subsequently signed a series of secretarial orders, echoing the executive orders signed by President Trump. Secretary Burgum’s Order 3422 on February 3, 2025, also titled “Unleashing Alaska’s Extraordinary Resource Potential”, directs the submission of an action plan to him that includes “steps to expedite the permitting and leasing of energy and natural resource projects in Alaska (including the rights-of-way and easements for roads that enable this development to occur).”

On March 20, 2025, President Trump signed an executive order titled “Immediate Measures to Increase American Mineral Production”, which underscores the importance of securing a stable and predictable domestic supply of critical minerals (including copper and gold) that are essential for the nation’s defense, technology, and infrastructure, and to reduce the reliance on foreign imports. The order directs federal agencies to expedite approvals for mineral production projects.

Also on March 20, 2025, Secretary Burgum announced that the Bureau of Land Management will work towards partial revocation of public land withdrawals to convey these lands to the State of Alaska. This action is expected to help advance the Ambler Road.

Secretary Burgum’s announcement was commended by Alaska Senators Sullivan and Murkowski, and Representative Begich in a joint statement on March 20, 2025.

Liquidity and Capital Resources

We expended $0.7 million on operating activities during the three-month period ending February 28, 2025 with the majority of cash spent on professional fees to complete the Bornite preliminary economic assessment and related technical reports and American and Canadian securities commission fees related to our annual regulatory filings, annual fees paid to the Toronto Stock Exchange and the NYSE American Exchange and corporate salaries.

As at February 28, 2025, we had $25.2 million in cash and cash equivalents and working capital (current assets less current liabilities) of $24.6 million. There is sufficient cash on hand to fund the approved fiscal 2025 budget of $3.1 million.

All project related costs are funded by Ambler Metals. Ambler Metals had $6.5 million in cash and cash equivalents and $6.4 million in working capital as at February 28, 2025. There are sufficient funds at Ambler Metals to fund this fiscal year’s approved budget of $5.8 million. 

Qualified Persons

Richard Gosse, P.Geo., Vice President Exploration for Trilogy Metals Inc., is a Qualified Person as defined by National Instrument 43-101 – Standard of Disclosure for Mineral Projects and Subpart 1300 of Regulation S-K. Mr. Gosse has reviewed the technical information in this news release and approves the disclosure contained herein.

About
Trilogy Metals

Trilogy Metals Inc. is a metal exploration and development company holding a 50 percent interest in Ambler Metals LLC, which has a 100 percent interest in the Upper Kobuk Mineral Projects in northwestern Alaska. On December 19, 2019, South32, a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy Metals. The UKMP is located within the Ambler Mining District which is one of the richest and most-prospective known copper-dominant districts in the world. It hosts world-class polymetallic volcanogenic massive sulphide (“VMS”) deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler Mining District – the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within a land package that spans approximately 190,929 hectares. Ambler Metals has an agreement with NANA Regional Corporation, Inc., an Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler Mining District in cooperation with local communities. Trilogy Metal’s vision is to develop the Ambler Mining District into a premier North American copper producer while protecting and respecting subsistence livelihoods.

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, potential actions and effects resulting from the executive orders and statements from the Department of the Interior, Bureau of Land Management, perceived merit of properties, the sufficiency of cash for the next twelve months and the Company’s plans to provide further updates and the timing thereof are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the uncertainties involving our assumptions with respect to those uncertainties disclosed in the Company’s Annual Report on Form 10-K for the year ended November 30, 2024 filed with Canadian securities regulatory authorities and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable securities regulatory authorities from time to time. The Company’s forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

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SOURCE Trilogy Metals Inc.

CAMBRIDGE, Mass.
, April 2, 2025 /PRNewswire/ — Akamai Technologies Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced today that Queue-it is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). Queue-it is the leading provider of virtual waiting room services, empowering organizations to control peak traffic and deliver reliable, fair, and transparent online experiences—no matter the demand.

As an ISV in the Akamai Qualified Compute Partner Program, Queue-it’s virtual waiting room technology integrates seamlessly with Akamai’s EdgeWorkers platform to help enterprise organizations manage peak traffic and safeguard critical infrastructure 24/7. The virtual waiting room controls the flow of visitors to web applications, protecting key bottlenecks and stabilizing uptime without costly overprovisioning or complex re-architecting. During traffic surges, site visitors are automatically flowed to an online queue with transparent wait information, fair first-in-first-out or randomized access logic, and robust bot mitigation.

For businesses, this translates into fewer disruptions on critical days, optimized infrastructure costs, and protected sales revenue and brand reputation. The collaboration provides organizations with 24/7 safety net coverage for unexpected traffic spikes and helps them successfully capitalize on peak demand scenarios including product drops, flash sales, and registrations. The virtual waiting room has proved essential for over 1,000 organizations across the ticketing, government, online retail, telecommunications, financial services, and education industries.

“Akamai has been a key strategic partner for Queue-it since we first teamed up to improve digital vaccine registrations through Vaccine Edge in 2021,” says Jesper Essendrop, CEO at Queue-it. “Since then, we’ve been the first partner to go to market with EdgeWorkers, supported over 100 shared customers on their busiest days, and processed over 30 billion visitors through Queue-it’s Akamai Edge Connector. By joining the Qualified Compute Partner Program, we’re expanding our end-to-end support of Akamai customers by enabling them to run Queue-it fully on Akamai Cloud for added security, availability, and resilience. Today’s announcement is a significant leap forward for Akamai customers seeking to deliver fair, reliable, trust-building online experiences for their customers on high-traffic days.”

“Akamai is pleased to make Queue-it’s virtual waiting room easily available to Akamai customers through the Akamai Qualified Compute Partner Program,” said Dan Lawrence, Senior Vice President, Cloud Computing, Akamai. “Enterprises and governments are now able to build online trust, prevent website overload on their business-critical days, and scale it across Akamai Cloud, the world’s most distributed platform for cloud computing, security, and content delivery.”

The Akamai Qualified Compute Partner Program is designed to make solution-based services that are interoperable with Akamai cloud computing services easily accessible to Akamai customers. The services are provided by Akamai technology partners that complete a rigorous qualification process to ensure they are readily available to deploy and scale across the globally distributed Akamai Cloud. The services are available individually or can work together to form a larger ecosystem of complementary capabilities, which can offer performance and cost benefits by running on a single global platform.

To learn more about the Akamai Qualified Compute Partner Program or to join the leading technology companies that partner with Akamai, visit the Akamai Technology Partner Program page.

Additional information about Akamai’s cloud computing services is available at akamai.com.

About Queue-it
Queue-it is the leading developer of virtual waiting room services, empowering 1,000+ organizations worldwide to build and nurture trust with 30+ billion visitors annually by delivering reliable, fair, and transparent online experiences. Queue-it helps some of the world’s biggest governments, retailers, and ticketing companies to capitalize on peak traffic events by preventing website crashes, blocking bots, and mitigating load-induced errors such as overselling. Queue-it is headquartered in Denmark with offices in the U.S., Australia, and the Republic of Korea. For more information, please visit https://queue-it.com.

About Akamai
Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense-in-depth to safeguard enterprise data and applications everywhere. Akamai’s full-stack cloud computing solutions deliver performance and affordability on the world’s most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog, or follow Akamai Technologies on X and LinkedIn.

Contacts:
Jillian Als
VP of Marketing, Queue-it
+45 31 36 09 50
[email protected]

Akamai Media Relations
[email protected]

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SOURCE Akamai Technologies, Inc.

Automated connectivity enhances data analysis and collaboration for electrical contractors

WESTMINSTER, Colo.
, April 2, 2025 /PRNewswire/ — Trimble^® (Nasdaq: TRMB) today announced the availability of new application programming interfaces (APIs) for Trimble Accubid^® Anywhere, a cloud-hosted estimating software for electrical projects. These connection capabilities help electrical contractors better collect, analyze and share data to improve estimating insight and collaboration across the construction lifecycle.

Five Accubid Anywhere APIs provide a comprehensive suite that helps estimators pull bid data into dashboards and reporting for analysis and improvement of estimating efforts:

• A Project API provides a list of projects with the project details that can be extracted to other software.
• An Estimate API captures all of the estimate information for users to extract into their ERP, including a list of estimates with their details and bid summaries.
• A Final Price API allows users to compare initial estimates and final prices for different projects.
• An Extension API allows users to send bill of materials (BOM) to other software.
• A Bid Breakdown API enables users to more easily retrieve and analyze data points such as field, shop and incidental labor from closeout screens at a line-item level of detail.

Automated API connectivity from estimating to related systems — including ERP, project management and CRM — also eliminates manual data transfer, allowing contractors to collaborate and work more efficiently across workflows.

With robust estimating functionality, integrated graphical takeoff, change order management, pricing, submittal management, and more, Accubid Anywhere helps electrical estimators bid with speed and accuracy.

The expanding suite of Accubid Anywhere APIs reflects Trimble’s commitment to bringing benefits of data connectivity to contractors using systems from Trimble and from other suppliers within construction technology ecosystems.

“Estimates generate a high volume of valuable data that should be analyzed and used in other workflows, but this data often gets trapped in the estimating system,” said Lawrence Smith, vice president, construction management systems at Trimble. “Using APIs to extract and connect data automatically to other systems means contractors don’t have to import, export or manually re-type the information. This improves efficiency and decision making on both the project and operational level.”

“Accubid Anywhere APIs allow us to see who created projects and estimates, along with where and when they were created for a better understanding of our bids,” said Beau Brenno, director of business Intelligence / artificial Intelligence at Hunt Electric, a national electrical design, build, and maintenance firm based in Minnesota. “We are in the process of connecting those estimates to the jobs they become to compare how we estimated versus how the job was executed. This gives us much greater insight into where the estimate went right, where it went wrong and how we can improve estimates in the future.”

Availability
Trimble Accubid Anywhere APIs are available in North America to customers with an Accubid Anywhere subscription.

More technical information is available on the Developer Documentation website at: https://developer.trimble.com/docs/accubid-anywhere.

For more information on Trimble Accubid Anywhere electrical estimating software, visit:  https://mep.trimble.com/en/electrical-solutions/estimating-and-takeoff/trimble-accubid-anywhere.

About Trimble
Trimble is transforming the ways people move, build and live. Core technologies in positioning, modeling and data analytics connect the digital and physical worlds to improve our customers’ productivity, quality, safety, transparency and sustainability. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.

GTRMB

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SOURCE Trimble

Will Host Conference Call and Webcast on May 1, 2025 at 8:30 a.m. ET

PARSIPPANY, N.J.
, April 2, 2025 /PRNewswire/ — Wyndham Hotels & Resorts (NYSE: WH) announced today that it will report first quarter 2025 results on Wednesday, April 30, 2025 at approximately 4:30 p.m. ET.  Geoff Ballotti, president and chief executive officer, and Michele Allen, chief financial officer and head of strategy, will host a call with investors on May 1, 2025 at 8:30 a.m. ET to discuss the Company’s results and business outlook.

Listeners can access the webcast live through the Company’s website at https://investor.wyndhamhotels.com.  The conference call may also be accessed by calling 800 343-4136 and providing the passcode “Wyndham.”  Listeners are urged to call at least five minutes prior to the scheduled start time.  An archive of this webcast will be available on the website beginning at noon ET on May 1, 2025.  A telephone replay will be available for approximately ten days beginning at noon ET on May 1, 2025 at 800 688-9459.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of franchised properties, with approximately 9,300 hotels across over 95 countries on six continents.  Through its network of approximately 903,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry.  The Company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, ECHO Suites®, Registry Collection Hotels®,Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 114 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com. The Company may use its website and social media channels as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Disclosures of this nature will be included on the Company’s website in the Investors section, which can currently be accessed at https://investor.wyndhamhotels.com or on the the Company’s social media channels, including the Company’s LinkedIn account which can currently be accessed at https://www.linkedin.com/company/wyndhamhotels. Accordingly, investors should monitor this section of the Company’s website and the Company’s social media channels in addition to following the Company’s press releases, filings submitted with the Securities and Exchange Commission and any public conference calls or webcasts.

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SOURCE Wyndham Hotels & Resorts

Optimized optical path collaboration to be used on select production programs based on the Mobileye EyeQ™6 High system-on-chip.

HOD HASHARON, Israel, April 2, 2025 /PRNewswire/ — Valens Semiconductor (NYSE: VLN) (‘Valens’), a leader in high-performance connectivity, announced today that Valens’ VA7000 MIPI A-PHY-compliant chipsets will form the in-car, sensor to compute connectivity infrastructure for Mobileye EyeQ™6 High automated and autonomous production programs underway with a group of global automotive brands. This marks a significant milestone for MIPI A-PHY, as the automotive industry continues to coalesce around this global standard for high-speed connectivity.

“We are pleased to utilize Valens’ MIPI A-PHY-compliant VA7000 chipsets as a key component of the optical path that supports automated and autonomous driving platforms for this initial customer program,” said Elchanan Rushinek, executive vice president of engineering at Mobileye. “MIPI A-PHY delivers efficient and robust high-performance standardized connectivity and we look forward to working with Valens to broaden the MIPI A-PHY ecosystem and deliver this technology to more market-leading automakers.”

Mobileye selected the VA7000 for this application following extensive testing of the chipset, where the Valens chip was found superior across a variety of parameters, with significant performance benefits.

“Our collaboration with Mobileye, a market leader in ADAS and autonomous systems, is validation of the promise made by MIPI A-PHY,” said Gideon Ben-Zvi, CEO of Valens Semiconductor. “SoCs can only ever be as good as the sensor data inputs they operate on, and Mobileye’s selection of our VA7000 chipset proves that our solution is well positioned to deliver that data at high accuracy. With a transformative company such as Mobileye validating the performance of the Valens VA7000 A-PHY chip, this collaboration marks a significant milestone for the entire automotive industry.”

MIPI A-PHY is the first automotive industry standard developed for high-speed sensor and display connectivity. It is uniquely designed to meet next-generation ADAS requirements, enabling high-bandwidth, low-latency connectivity and uncompromised passenger safety throughout the entire life cycle of the vehicle. Since its release, the MIPI A-PHY ecosystem continues to grow and diversify, attracting new companies that are designing products based on this connectivity standard. Valens Semiconductor, a key contributor to the standard, was the first on the market to offer A-PHY-compliant products with its VA7000 chipsets.

About Mobileye Global Inc

Mobileye (NASDAQ: MBLY) leads the mobility revolution with our autonomous driving and driver-assistance technologies, harnessing world-renowned expertise in artificial intelligence, computer vision, mapping and integrated software and hardware. Since our founding in 1999, Mobileye has enabled the wide adoption of advanced driver-assistance systems that bolster driving safety, while pioneering such groundbreaking technologies as REM™ crowdsourced mapping, True Redundancy™ sensing, and Responsibility Sensitive Safety™ (RSS). These technologies drive the ADAS and AV fields towards the future of mobility – enabling self-driving vehicles and mobility solutions at scale, and powering industry-leading advanced driver-assistance systems. Through 2024, more than 200 million vehicles worldwide have been built with Mobileye’s EyeQ technology inside. Since 2022, Mobileye has been listed independently from Intel (NASDAQ: INTC), which retains majority ownership. For more information, visit https://www.mobileye.com.

About Valens Semiconductor

Valens Semiconductor (NYSE: VLN) is a leader in high-performance connectivity, enabling customers to transform the digital experiences of people worldwide. Valens’ chipsets are integrated into countless devices from leading customers, powering state-of-the-art audio-video installations, next-generation videoconferencing, and enabling the evolution of ADAS and autonomous driving. Pushing the boundaries of connectivity, Valens sets the standard everywhere it operates, and its technology forms the basis for the leading industry standards such as HDBaseT® and MIPI A-PHY. For more information, visit https://www.valens.com/.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the performance and usage of our chipsets. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Valens Semiconductor’s (“Valens”) management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Valens Semiconductor. These forward-looking statements are subject to a number of risks and uncertainties, including the cyclicality of the semiconductor industry; the effect of inflation and a rising interest rate environment on our customers and industry; the ability of our customers to absorb inventory; competition in the semiconductor industry, and the failure to introduce new technologies and products in a timely manner to compete successfully against competitors; if Valens fails to adjust its supply chain volume due to changing market conditions or fails to estimate its customers’ demand; disruptions in relationships with any one of Valens’ key customers; any difficulty selling Valens’ products if customers do not design its products into their product offerings; Valens’ dependence on winning selection processes; even if Valens succeeds in winning selection processes for its products, Valens may not generate timely or sufficient net sales or margins from those wins; sustained yield problems or other delays or quality events in the manufacturing process of products; our ability to effectively manage, invest in, grow, and retain our sales force, research and development capabilities, marketing team and other key personnel; our ability to timely adjust product prices to customers following price increase by the supply chain; our ability to adjust our inventory level due to reduction in demand due to inventory buffers accrued by customers; our expectations regarding the outcome of any future litigation in which we are named as a party; our ability to adequately protect and defend our intellectual property and other proprietary rights; our ability to successfully integrate or otherwise achieve anticipated benefits from acquired businesses; the market price and trading volume of the Valens ordinary shares may be volatile and could decline significantly; political, economic, governmental and tax consequences associated with our incorporation and location in Israel; and those factors discussed in Valens’ Form 20-F filed with the SEC on February 26, 2025 under the heading “Risk Factors,” and other documents of Valens filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Valens does not presently know or that Valens currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Valens’ expectations, plans or forecasts of future events and views as of the date of this press release. Valens anticipates that subsequent events and developments may cause Valens’ assessments to change. However, while Valens may elect to update these forward-looking statements at some point in the future, Valens specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Valens’ assessment as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Mobileye Contact

[email protected]

Valens Media Contacts

Yoni Dayan
Head of Communications
Valens Semiconductor Ltd.
[email protected]

Valens Investor Contacts:

Michal Ben Ari

Investor Relations Manager
Valens Semiconductor Ltd.
[email protected]

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SOURCE Valens Semiconductor