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Discover® Recognized as 2025 CIO 100 Award Winner for Risk Reduction Model Using Generative AI

Discover® Recognized as 2025 CIO 100 Award Winner for Risk Reduction Model Using Generative AI

RIVERWOODS, Ill.–(BUSINESS WIRE)–
Discover was selected as a 2025 CIO 100 award winner for its generative artificial intelligence (GenAI) solution that helps customer care agents classify when, where and how to contact customers based on their preferences, while also reducing the company’s risk posture. For almost 30 years, the CIO 100 awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT.

Discover technologists created and deployed a GenAI model on an internally built platform that combines advanced cloud-scale data warehousing with innovative analytics capabilities. This GenAI solution has been used to analyze vast amounts of data and classify customer contact preferences to ensure greater adherence to customer requirements and compliance with financial regulations.

Key results include:

  • a significant decrease in the time-to-market from 7 hours to 4 minutes, meaning teams can now deploy their analytics work on this platform faster.
  • an 80% increase in dataset coverage when understanding customer contact preference.
  • reduced customer sentiment analysis time by over 75% for correctly understanding how the customer felt at the end of the interaction based on the call transcript.
  • the ability to capture more than 1,200 additional customer contact preference requests every month, all while doing so in a cost efficient and sustainable manner.

“Everything we do at Discover is with the customer in mind, and we want to ensure every customer interaction is positive, seamless, and most importantly, secure,” said Jason Strle, chief information officer at Discover. “This solution continues on our vision of being the leading digital bank and payments partner because we can quickly convert data into actionable insights that support our customers in a matter of minutes, as opposed to hours or even days.”

“The CIO 100 Awards recognize IT leaders who drive innovation, transformation, and business success through technology. With an exceptionally high caliber of submissions each year, winning a CIO 100 Award is a true honor, highlighting the bold vision, strategic excellence, and groundbreaking impact of the most influential CIOs shaping the future of digital enterprise,” stated Elizabeth Cutler, content director, CIO 100 Symposium & Awards.

Executives from the winning companies will be recognized at the CIO 100 Symposium & Awards. To learn more about the people, processes, and technology at Discover, visit technology.discover.com and for more information on open roles, visit jobs.discover.com.

About Discover

Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover® card, America’s cash rewards pioneer, and offers personal loans, home loans, checking and savings accounts and certificates of deposit through its banking business. It operates the Discover Global Network® comprised of Discover Network, with millions of merchants and cash access locations; PULSE®, one of the nation’s leading ATM/debit networks; and Diners Club International®, a global payments network with acceptance around the world. For more information, visit www.discover.com/company.

About CIO

CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled peer insight and expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with key insights on career development, including certifications, hiring practices and skills development. The award-winning CIO portfolio provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT’s role in achieving business goals. CIO is published by Foundry, company information is available at www.foundryco.com.

Karen Medina

Discover

[email protected]

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS: Professional Services Payments Technology Finance Artificial Intelligence Banking Digital Cash Management/Digital Assets

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Cumulus Media’s Westwood One to Broadcast the 2025 NCAA® Division I Men’s Final Four® and National Championship Game in Spanish for the Eighth Straight Tournament


Rafael Hernández Brito, Greivis Vásquez, and Carlos Morales Call the Action
 


Broadcasts Presented by Werner Ladder

  

NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Cumulus Media’s (NSDQ: CMLS) Westwood One will provide exclusive audio coverage of the NCAA Men’s Final Four and national championship game in Spanish for the eighth consecutive tournament, presented by Werner Ladder, the official ladder of the NCAA Men’s and Women’s Basketball Championships. Westwood One’s Spanish-language broadcasts will kick off at 6 p.m. ET on Saturday, April 5 with the 2025 Men’s Final Four live from San Antonio, Texas, when the Auburn Tigers takes on the Florida Gators. The second national semifinal, between the Duke Blue Devils and the Houston Cougars, will begin 40 minutes after the conclusion of the first game. Spanish-language coverage will continue with the national championship game on Monday, April 7 at 8:30 p.m. ET.   

Rafael Hernández Brito will once again serve as the play-by-play announcer, his eighth time with the network, while former All-American point guard Greivis Vásquez will return as analyst for the seventh time. For the fifth time, former Puerto Rican National Basketball Team coach Carlos Morales will host the broadcasts.  

“Werner is thrilled to return as the presenting sponsor of the 2025 NCAA Men’s Final Four broadcast in Spanish,” stated Stacy Gardella, head of global marketing technology & operations for ProDriven Global Brands. “This Spanish language broadcast allows Werner to connect with Hispanic basketball enthusiasts while reinforcing Werner’s role as the official ladder for the NCAA Men’s and Women’s Basketball Championships.” 

About Westwood One’s Spanish Broadcast Crew   

Rafael Hernández Brito, known as Rafa “El Alcalde,” is a veteran broadcaster who has been the Spanish play-by-play voice for the Cleveland Cavaliers for the last nine seasons. Prior to joining the Cavs, he was the Spanish voice of the Brooklyn Nets for two seasons and called St. John’s University basketball. His national broadcast experience includes eight years as the voice of the NFL en Español for Univision, and he has called 11 Super Bowls. He has also done Spanish play-by-play for the Miami Dolphins as well as for Major League Baseball, boxing, and UFC. With the 2015 NBA Finals, he became the first broadcaster in the United States to call the Finals of all three major sports in Spanish. This will be his eighth time calling the NCAA Final Four and national championship game in Spanish for the network.  

Greivis Vásquez is one of the most successful Hispanic basketball players ever to wear a uniform. Greivis, a native of Venezuela, was a former All-American point guard at University of Maryland, where he led the Terrapins to three NCAA Tournament appearances. As a senior, he was named ACC Player of the year, and the winner of the Bob Cousy award, given annually to the best collegiate point guard in the nation. He was selected by the Memphis Grizzlies in the first round of the NBA Draft in 2010 and played for six teams in his seven years in the league. Greivis has also played for the Venezuelan National Team and led the squad to the 2014 FIBA South American Championship. In 2012, he was honored as a “Champion of Change” at the White House for his efforts as a sports diplomat in the United States and his native Venezuela. This will be Vasquez’ seventh time calling the Final Four and national championship game in Spanish for the network.  

Carlos Morales joins Westwood One for the fifth time on the Final Four broadcasts, and fourth as pregame and halftime host. Morales served as the game analyst in 2021. Morales was on the coaching staff of the Puerto Rican national basketball team for a decade, during which time they participated in two Olympic Games, three world championships, and three Goodwill Games. During his time there, the national team captured five gold medals and seven silver medals in international competitions. He also coached professional basketball in both Venezuela and the Dominican Republic before joining ESPN as a television analyst in 2000. He called the Final Four and national championship game in Spanish for ESPN International from 2005-2018.  

Where to Listen  
Westwood One’s Final Four coverage can be heard on terrestrial radio stations and via SiriusXM. All three games will also be streamed online for free on westwoodonesports.com and the Westwood One Sports mobile app. Additionally, the broadcasts will be available for free via the NCAA March Madness mobile app or The Varsity Network app. Fans can also access live audio via Alexa-enabled devices by asking to “Abre Westwood One Sports”. TuneIn premium subscribers can also hear all the action live.   

In addition to broadcasting the NCAA Men’s Final Four and national championship game in Spanish for eight years, Westwood One has broadcast the NCAA Men’s Basketball Tournament since 1982 and every game of March Madness® on multiple platforms since 2005. The network has broadcast the Women’s Final Four and national championship game for more than 26 years.  

NCAA, Final Four, and March Madness are trademarks of the National Collegiate Athletic Association.  

Westwood One is the exclusive broadcast radio, digital audio, distribution, and licensing partner for the NCAA Championships.  

About Westwood One Sports  
Westwood One Sports is home to some of the most exciting sports broadcasts on radio. In addition to being the exclusive network radio partner to the NFL since 1987—featuring regular and post-season NFL football, including the playoffs and the Super Bowl — its other extensive properties include NCAA Basketball, including the NCAA Men’s and Women’s Tournaments and the Final Four®; U.S. Soccer; The Masters; NCAA Football; and other marquee sports events. Westwood One also distributes and represents Infinity Sports Network. On social media, join the Westwood One Sports community on Facebook at facebook.com/westwoodonesports, on Instagram at instagram.com/westwoodonesports, and X (formerly Twitter) at x.com/westwood1sports. For more information, visit www.westwoodonesports.com or download the Westwood One Sports app in the iTunes or Google Play stores.  

About Cumulus Media   
Cumulus Media (NASDAQ: CMLS) is an audio-first media company delivering premium content to over a quarter billion people every month — wherever and whenever they want it. Cumulus Media engages listeners with high-quality local programming through 400 owned-and-operated radio stations across 84 markets; delivers nationally-syndicated sports, news, talk, and entertainment programming from iconic brands including the NFL, the NCAA, the Masters, CNN, AP News, the Academy of Country Music Awards, and many other world-class partners across more than 9,500 affiliated stations through Westwood One, the largest audio network in America; and inspires listeners through the Cumulus Podcast Network, its rapidly growing network of original podcasts that are smart, entertaining and thought-provoking. Cumulus Media provides advertisers with personal connections, local impact and national reach through broadcast and on-demand digital, mobile, social, and voice-activated platforms, as well as integrated digital marketing services, powerful influencers, full-service audio solutions, industry-leading research and insights, and live event experiences. Cumulus Media is the only audio media company to provide marketers with local and national advertising performance guarantees. For more information visit www.cumulusmedia.com.  

About the NCAA  
The NCAA is a diverse association of more than 1,100 member colleges and universities that prioritize academics, well-being and fairness to create greater opportunities for nearly half a million student-athletes each year. The NCAA provides a pathway to higher education and beyond for student-athletes pursuing academic goals and competing in NCAA sports. More than 54,000 student-athletes experience the pinnacle of intercollegiate athletics by competing in NCAA championships each year. Visit ncaa.org and ncaa.com for more details about the Association and the corporate partnerships that support the NCAA and its student-athletes. The NCAA is proud to have AT&T, Capital One and Coca-Cola as official corporate champions and the following elite companies as official corporate partners: Buffalo Wild Wings, Buick, GEICO, Great Clips, Intuit Turbotax, Invesco QQQ, Marriott Bonvoy, Nabisco, Nissan, Pizza Hut, Reese’s, Samsung Galaxy, The Home Depot, Unilever and Wendy’s. 

Contact: Lisa Dollinger Strategic Communication for Cumulus Media | Westwood One | [email protected]  



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VG INVESTOR DEADLINE: Venture Global, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit

PR Newswire


SAN DIEGO
, April 2, 2025 /PRNewswire/ — Robbins Geller Rudman & Dowd LLP announces that purchasers of Venture Global, Inc. (NYSE: VG) stock pursuant and/or traceable to Venture Global’s registration statement issued in connection with Venture Global’s initial public offering (the “IPO”) held between January 24 and 27, 2025 and were damaged thereby, have until Friday, April 18, 2025 to seek appointment as lead plaintiff of the Venture Global class action lawsuit.  Captioned Bowes v. Venture Global, Inc., No. 25-cv-01364 (S.D.N.Y.), the Venture Global class action lawsuit charges Venture Global as well as certain of Venture Global’s top executives and directors with violations of the Securities Act of 1933.

If you suffered substantial losses and wish to serve as lead plaintiff of the Venture Global class action lawsuit, please provide your information here:


https://www.rgrdlaw.com/cases-venture-global-inc-class-action-lawsuit-vg.html
 

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: Venture Global engages in the commissioning, constructing, and developing of natural gas liquefaction and export projects.  In its IPO, Venture Global sold 70 million shares at $24.00 per share.

The Venture Global class action lawsuit alleges that the IPO’s offering documents were materially false and/or misleading and/or failed to disclose information concerning Venture Global’s repeated confidence in Venture Global’s ability to utilize its approach to deliver liquefied nature gas (“LNG”) to the world.

The Venture Global class action lawsuit further alleges that, on February 5, 2025, TotalEnergies CEO, Patrick Pouyanne, stated that he was approached by Venture Global to see if TotalEnergies would be interested in a long-term supply contract for LNG from the Calcasieu Pass terminal in Louisiana, but he rejected the offer “because of what they are doing . . . .  I don’t want to be in the middle of a dispute with my friends, with Shell and BP.”  Pouyanne also cited a lack of trust with respect to Venture Global, according to the complaint.  On this news, Venture Global’s stock price declined, according to the Venture Global class action lawsuit.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Venture Global stock pursuant and/or traceable to the registration statement issued in connection with the IPO to seek appointment as lead plaintiff in the Venture Global class action lawsuit.  A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.  A lead plaintiff acts on behalf of all other class members in directing the Venture Global class action lawsuit.  The lead plaintiff can select a law firm of its choice to litigate the Venture Global class action lawsuit.  An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Venture Global class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud cases.  Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors.  We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years.  With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:


https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 

Services may be performed by attorneys in any of our offices. 

Contact:

            Robbins Geller Rudman & Dowd LLP

            J.C. Sanchez, Jennifer N. Caringal

            655 W. Broadway, Suite 1900, San Diego, CA 92101

            800-449-4900

            [email protected] 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/vg-investor-deadline-venture-global-inc-investors-with-substantial-losses-have-opportunity-to-lead-securities-class-action-lawsuit-302415454.html

SOURCE Robbins Geller Rudman & Dowd LLP

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VivoPower Provides Update on Non-Binding Takeover Offer at Enterprise Value of US$180 Million and Tembo Business Combination Agreement at Combined Enterprise Value of US$904 Million

LONDON, April 02, 2025 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) hereby provides an update on the non-binding takeover offer from Energi Holdings Limited (“Energi”) to acquire the non-affiliated shareholders of VivoPower at an enterprise valuation of US$180 million and the Tembo business combination agreement with Cactus Acquisition Corporation 1 Limited (“CCTS”) at a combined enterprise valuation of US$904 million, assuming no public trust redemptions for CCTS.

As announced on 26 March 2025, VivoPower’s board was targeting the completion of negotiations on price, terms and conditions with Energi by 2 April 2025. This has been achieved with an increase in the original takeover enterprise value of US$120million to US$180million subject to a due diligence exclusivity period being granted and the completion of due diligence by Energi. Both parties are collaborating to complete the due diligence process as efficiently as possible, with the goal of finishing before the 8-week deadline.

VivoPower will also continue to work towards filing an F-4 registration statement with the U.S. Securities and Exchange Commission (SEC) in relation to the Tembo business combination agreement and is intending to file within the month of April 2025. An update on any Tembo dividend share entitlement for VivoPower shareholders will be provided in due course.

The board of VivoPower will continue to provide updates to the market on a timely basis.

About VivoPower 

Established in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning global sustainable energy solutions B Corporation company focused on electric solutions for off-road and on-road customized and ruggedized fleet applications as well as ancillary financing, charging, battery and microgrids solutions. VivoPower’s core purpose is to provide its customers with turnkey decarbonization solutions that enable them to move toward net-zero carbon status. VivoPower has operations and personnel covering Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates.

Forward-Looking Statements

This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.

Contact 
Shareholder Enquiries 
[email protected] 



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Newsweek Names Travel + Leisure Co. Among the Most Trustworthy Companies in America in 2025

Newsweek Names Travel + Leisure Co. Among the Most Trustworthy Companies in America in 2025

ORLANDO, Fla.–(BUSINESS WIRE)–Travel + Leisure Co. (NYSE:TNL), a leading vacation ownership and membership travel company employing 19,000 associates globally, today announced it was honored by Newsweek as one of America’s Most Trustworthy Companies. This is the third consecutive year the company has been honored with this national distinction, which recognizes companies with strong consumer, investor and employee trust in their products and operations.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250402006164/en/

Travel + Leisure Co. today announced it was honored by Newsweek as one of America’s Most Trustworthy Companies in 2025.

Travel + Leisure Co. today announced it was honored by Newsweek as one of America’s Most Trustworthy Companies in 2025.

“We are incredibly proud to be named to Newsweek’s list of America’s Most Trustworthy Companies for the third consecutive year,” said Michael D. Brown, president and CEO of Travel + Leisure Co. “This recognition reflects our unwavering commitment to integrity, transparency and delivering value to our customers, employees and stakeholders.”

Presented by Newsweek and Statista Inc., the Most Trustworthy Companies in America 2025 ranking is based on a holistic approach to evaluating three public pillars of trust: consumer trust, investor trust and employee trust. Winners are assessed based on an independent survey of about 25,000 U.S. participants, as well as social listening analysis of 304,000 online mentions. All companies headquartered in the U.S. with a revenue of over $500 million were considered in the study.

For more information about Travel + Leisure Co., please visit travelandleisureco.com.

To explore career growth and opportunities with our team, please visit careers.travelandleisureco.com.

About Travel + Leisure Co.

Travel + Leisure Co. (NYSE:TNL) is the world’s leading membership and leisure travel company, providing more than six million vacations to travelers every year. The company operates a portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they’re traveling the world or staying a little closer to home. With hospitality and responsible tourism at its heart, the company’s 19,000 dedicated associates around the globe help the company achieve its mission to put the world on vacation. Learn more at travelandleisureco.com.

Media Contact:

Melissa Landy

Public Relations

(407) 626-3830

[email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Vacation Other Travel Lodging Destinations Travel

MEDIA:

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Travel + Leisure Co. today announced it was honored by Newsweek as one of America’s Most Trustworthy Companies in 2025.
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DigitalBridge Announces First Quarter 2025 Earnings Release and Conference Call Date

DigitalBridge Announces First Quarter 2025 Earnings Release and Conference Call Date

BOCA RATON, Fla.–(BUSINESS WIRE)–DigitalBridge Group, Inc. (NYSE: DBRG) today announced it will release First Quarter 2025financial results before the market opens on Thursday, May 1, 2025. The Company will conduct an earnings presentation and conference call to discuss the results the same day at 8:00 a.m. ET.

The earnings presentation will be broadcast live over the internet and a webcast link can be accessed on the Shareholders section of the Company’s website at ir.digitalbridge.com/events. To participate in the event by telephone, please dial (877) 407-4018 ten minutes prior to the start time (to allow time for registration). International callers should dial (201) 689-8471.

For those unable to participate during the live call, a replay will be available starting May 1, 2025, at 12:00 p.m. ET. To access the replay, dial (844) 512-2921 (U.S.), and use conference ID 13752960. International callers should dial (412) 317-6671 and enter the same conference ID number.

About DigitalBridge

DigitalBridge (NYSE: DBRG) is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, the DigitalBridge team manages over $96 billion of infrastructure assets on behalf of its limited partners and shareholders. For more information, visit: www.digitalbridge.com.

Investors:

Severin White

Managing Director

(212) 547-2777

[email protected]

Media:

Joele Frank, Wilkinson Brimmer Katcher

Jon Keehner / Sarah Salky

(212) 355-4449

[email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Data Management Professional Services Digital Cash Management/Digital Assets Technology Asset Management

MEDIA:

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Energys Group Announces Closing of $10.125 Million Initial Public Offering

BILLINGSHURST, WEST SUSSEX, UNITED KINGDOM, April 02, 2025 (GLOBE NEWSWIRE) — Energys Group Limited (NASDAQ: ENGS) (“Energys Group” or the “Company”), a vertically integrated energy efficiency and decarbonization solutions provider for the built environment, today announced the closing of its initial public offering (the “Offering”) of 2,250,000 ordinary shares (the “Ordinary Shares”) at a public offering price of US$4.50 per Ordinary Share, for total gross proceeds of US$10,125,000 before deducting underwriting discounts and other offering expenses. The Offering closed on April 2, 2025 and the Ordinary Shares began trading on The Nasdaq Capital Market on April 1, 2025, under the ticker symbol “ENGS.”

The Company has granted the underwriters an option, within 45 days from the date of the prospectus, to purchase up to an additional 337,500 Ordinary Shares at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.

The Offering was conducted on a firm commitment basis. American Trust Investment Services, Inc. (“American Trust”) acted as the representative of the underwriters for the Offering. Schlueter & Associates, P.C. acted as U.S. counsel to the Company, and DeMint Law, PLLC acted as U.S. counsel to American Trust, in connection with the Offering.

The Company intends to use the proceeds from this Offering 1) to expand its operating network in the United Kingdom; 2) for inventory procurement; 3) to establish operating subsidiaries in the United States; 4) to identify and pursue merger and acquisition opportunities; 5) to expand research and development capabilities; 6) to repay certain bank borrowings; and 7) to use as general working capital.

A registration statement relating to the Offering, as amended (File No. 333-275956), was filed with the U.S. Securities and Exchange Commission (the “SEC”), and was declared effective by the SEC on March 14, 2025.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The Offering is being made only by means of a prospectus. Copies of the final prospectus related to the Offering may be obtained from American Trust, Attn: Syndicate Department, 1244 119th Street, Whiting, IN 46394, via email at [email protected], or via telephone at (219) 473-5542. In addition, a copy of the final prospectus can be obtained via the SEC’s website at www.sec.gov.

About Energys Group

Founded in 1998 as an energy conservation consultancy, Energys Group Limited (NASDAQ: ENGS) (“Energys Group” or the “Company”) has since transitioned into a vertically integrated energy efficiency and decarbonization solutions provider for the built environment. Serving organizations from both the private and public sectors, including schools, universities, hospitals and offices, primarily in the UK, the Company’s vision is to deliver innovative solutions that reduce carbon emissions, lower costs and support Net Zero agenda – alongside improving the wellbeing of building users within the built environment.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

DLK Advisory
Phone: +852-2857-7101
Email: [email protected]



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Arcutis and Padagis Agree to Stay Patent Lawsuit

WESTLAKE VILLAGE, Calif., April 02, 2025 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a commercial-stage biopharmaceutical company focused on developing meaningful innovations in immuno-dermatology, is pleased to announce that Padagis Israel Pharmaceuticals Ltd., Padagis US LLC, and Padagis LLC (Padagis) have requested a stay to the ongoing patent litigation between Padagis and the Company, and the Company has agreed to enter a joint stipulation to stay the case, which was filed in the U.S. District Court for the District of Delaware on April 2, 2025. After the Court enters the joint stipulation, all calendared dates and trial for the patent litigation will be vacated.

As part of the joint stipulation agreement, Padagis is required to report to Arcutis any U.S. Food and Drug Administration (FDA) correspondence regarding their Abbreviated New Drug Application (ANDA) for their potential generic alternative to Arcutis’ patented product, ZORYVE® (roflumilast) cream 0.3% for plaque psoriasis. In addition, the parties agreed to extend the 30-month Hatch-Waxman stay of regulatory approval by one day for every day the litigation is stayed as of March 24, 2025, such that in the event the litigation resumes in the future, Arcutis will still benefit from the entirety of the stay afforded to it under the Hatch-Waxman Act.

“This joint stipulation is a positive development for Arcutis that fully preserves our ability to assert our intellectual property while also preserving the Hatch-Waxman stay. As we have previously communicated, we maintain confidence in the strength of our broad patent portfolio that protects the innovative aspects of ZORYVE and in our legal position against Padagis. If and when the stay is lifted, we will continue to vigorously defend our intellectual property rights as appropriate, and to fight against any attempts by Padagis to infringe our patents,” said Frank Watanabe, president and CEO, Arcutis. “Our focus is to continue to build upon the strong adoption of ZORYVE as a safe and effective therapy and alternative to steroids for three major inflammatory dermatoses and continue to deliver meaningful innovation to millions of individuals impacted by plaque psoriasis, seborrheic dermatitis and atopic dermatitis.”

Patent protection for ZORYVE cream 0.3% extends until at least 2037.  ZORYVE cream 0.3% is indicated for the topical treatment of plaque psoriasis, including intertriginous areas, in adult and pediatric patients 6 years of age and older.

About Arcutis

Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) is a commercial-stage medical dermatology company that champions meaningful innovation to address the urgent needs of individuals living with immune-mediated dermatological diseases and conditions. With a commitment to solving the most persistent patient challenges in dermatology, Arcutis has a growing portfolio including three FDA approved products that harness our unique dermatology development platform coupled with our dermatology expertise to build differentiated therapies against biologically validated targets. Arcutis’ dermatology development platform includes a robust pipeline with multiple clinical programs for a range of inflammatory dermatological conditions including scalp and body psoriasis, atopic dermatitis, and alopecia areata. For more information, visit www.arcutis.com or follow Arcutis on LinkedIn, Facebook, Instagram and X.

INDICATIONS

ZORYVE cream, 0.3%, is indicated for topical treatment of plaque psoriasis, including intertriginous areas, in adult and pediatric patients 6 years of age and older.

ZORYVE cream, 0.15%, is indicated for topical treatment of mild to moderate atopic dermatitis in adult and pediatric patients 6 years of age and older.

ZORYVE foam, 0.3%, is indicated for the treatment of seborrheic dermatitis in adult and pediatric patients 9 years of age and older.

IMPORTANT SAFETY INFORMATION

ZORYVE is contraindicated in patients with moderate to severe liver impairment (Child-Pugh B or C).

Flammability: The propellants in ZORYVE foam are flammable. Avoid fire, flame, and smoking during and immediately following application.

The most common adverse reactions (≥1%) for ZORYVE cream 0.3% for plaque psoriasis include diarrhea (3.1%), headache (2.4%), insomnia (1.4%), nausea (1.2%), application site pain (1.0%), upper respiratory tract infection (1.0%), and urinary tract infection (1.0%).

The most common adverse reactions (≥1%) for ZORYVE cream 0.15% for atopic dermatitis include headache (2.9%), nausea (1.9%), application site pain (1.5%), diarrhea (1.5%), and vomiting (1.5%).

The most common adverse reactions (≥1%) for ZORYVE foam 0.3% for seborrheic dermatitis include nasopharyngitis (1.5%), nausea (1.3%), and headache (1.1%).

Please see full Prescribing Information for ZORYVE foam and full Prescribing Information for ZORYVE cream.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. For example, statements contained in this press release regarding matters that are not historical facts are forward-looking statements. These statements are based on The Company’s current beliefs and expectations. Such forward-looking statements include, but are not limited to, statements regarding Arcutis’ patent portfolio, regulatory processes and litigation and related proceedings, as well as adoption of ZORYVE. These statements are subject to substantial known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. Risks and uncertainties that may cause our actual results to differ include risks inherent in our business, reimbursement and access to our products, the impact of competition and other important factors discussed in the “Risk Factors” section of our Form 10-K filed with the U.S. Securities and Exchange Commission (SEC) on February 25, 2025, as well as any subsequent filings with the SEC. Any forward-looking statements that the company makes in this press release are made pursuant to the Private Securities Litigation Reform Act of 1995, as amended, and speak only as of the date of this press release. Except as required by law, we undertake no obligation to revise or update information herein to reflect events or circumstances in the future, even if new information becomes available.

Contacts:



Media



Amanda Sheldon, Head of Corporate Communications
[email protected]



Investors



Latha Vairavan, Vice President, Finance and Corporate Controller
[email protected]



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ArcBest Announces Its First Quarter 2025 Earnings Conference Call

ArcBest Announces Its First Quarter 2025 Earnings Conference Call

FORT SMITH, Ark.–(BUSINESS WIRE)–ArcBest® (Nasdaq: ARCB) will announce its first quarter 2025 financial results before the market opens on Tuesday, April 29, 2025. A conference call with company executives will be held that day at 9:30 a.m. EDT (8:30 a.m. CDT) to discuss these results. Interested parties are invited to listen by calling (800) 715-9871. The conference ID for the call is 6423434.

Following the call, a recorded playback will be available through the end of the day on May 13, 2025. To listen to the playback, dial (800) 770-2030. The conference ID for the playback is 6423434.

The call is being webcast and can be accessed live on ArcBest’s website at arcb.com.

ABOUT ARCBEST

ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 14,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of innovation that is enriched by deep customer relationships. With a commitment to helping customers navigate supply chain challenges now and in the future, the company is developing ground-breaking technology like Vaux™, one of the TIME Best Inventions of 2023. For more information, visit arcb.com.

Investor Relations Contact: Amy Mendenhall

Email:[email protected]

Phone: 479-785-6200

Media Contact: Autumnn Mahar

Email: [email protected]

Phone: 479-494-8221

KEYWORDS: United States North America Arkansas

INDUSTRY KEYWORDS: Carriers and Services Supply Chain Management Mobile/Wireless Internet Data Management Technology Other Transport Retail Rail Transport Logistics/Supply Chain Management Telecommunications

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Omdia Forecasts Nintendo Switch 2 Will Sell 14.7 Million Units in 2025

Omdia Forecasts Nintendo Switch 2 Will Sell 14.7 Million Units in 2025

LONDON–(BUSINESS WIRE)–Omdia forecasts show that Nintendo Switch 2 will sell nearly 15 million units globally in 2025, following its confirmed launch date of June 5.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250402932786/en/

Switch 2 vs Switch installed base over time, cycle-aligned, millions

Switch 2 vs Switch installed base over time, cycle-aligned, millions

This would put the Switch 2 ahead of its predecessor by around 10% during its first calendar year on the market. Historical Omdia data reveals 13.4 million Nintendo Switch systems were sold in 2017, despite its earlier March release. The key factors driving this momentum include a strong user base – Omdia estimates 105 million Switch consoles remained in active use at the end of 2024, providing Nintendo with a solid foundation for the next generation.

A key first-party title also supports Omdia’s forecast. Mario Kart World headlines Nintendo’s first-party line-up for 2025, is exclusive to Nintendo Switch 2, and offers a visible generational leap over Mario Kart 8. Close to one in twoSwitch owners have purchased predecessor Mario Kart 8 Deluxe, making it the ideal sequel to attach to the new hardware.

However, although Switch 2 will exceed sales in the first year for the original Switch in 2017, Omdia believes that by year 4, Switch 2 will have sold fewer units than at its predecessor’s equivalent point. This is primarily down to the fourth year in the original Switch’s cycle coinciding with Covid lockdowns, which provided an enormous boost to the games industry.

Since Nintendo revitalized the dedicated handheld gaming devices market with the original Switch, new entrants such as Steam Deck, PlayStation Portal, and other PC handheld gaming devices have expanded options for players.

Yet the Switch and Switch 2 remain the only standalone platforms in this space – players must purchase the hardware to access Nintendo’s ecosystem of content. As a result, the Switch 2 is poised to cement Nintendo’s leadership in this space. Omdia’s Games Handhelds Sales Metrics Database currently forecasts that both Nintendo Switch and Nintendo Switch 2 hardware will command a dominant 85% share of handheld sales volumes in 2025.

However, Switch 2 will not be without challenges, not least in terms of Nintendo competing with itself throughout the lifecycle of the device. The company has released over 100 first-party titles for the original Switch, with around three-quarters of them selling at least 1 million copies each.

These games will be brought forward to the new generation, but most were already highly polished on the existing Nintendo Switch hardware.

“First-party software is the primary content driver for Switch hardware adoption, a stark contrast to PlayStation and Xbox,” said James McWhirter, Senior Analyst in Omdia’s Games team. “Nintendo will need to work hard to communicate a clear generational leap with the Switch 2 throughout its life cycle, as its new games will exist alongside the extensive library of previous titles that do not require a console upgrade for users to enjoy.”

ABOUT OMDIA

Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets combined with our actionable insights empower organizations to make smart growth decisions.

Fasiha Khan: [email protected]

KEYWORDS: Europe United States United Kingdom North America New York

INDUSTRY KEYWORDS: Electronic Games Technology Mobile/Wireless Entertainment Other Technology Software Internet Hardware Consumer Electronics

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Switch 2 vs Switch installed base over time, cycle-aligned, millions
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