IONQ Investors Have Opportunity to Lead IonQ, Inc. Securities Fraud Lawsuit

PR Newswire


BENSALEM, Pa.
, July 26, 2022 /PRNewswire/ — Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against IonQ, Inc. (“IonQ” or the “Company”) (NYSE: IONQ).

Class Period:
March 30, 2021May 2, 2022
Lead Plaintiff Deadline:August 1, 2022

Investors suffering losses on their IonQ investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected].

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that IonQ had not yet developed a 32-qubit quantum computer; (2) that the Company’s 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) that IonQ’s quantum computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) that a significant portion of IonQ’s revenue was derived from improper round-tripping transactions with related parties; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com

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SOURCE Law Offices of Howard G. Smith

Sumo Logic Achieves AWS Security Competency Status for Cloud SIEM and SOAR Solutions

Recognition demonstrates commitment to providing award-winning protection against security threats

REDWOOD CITY, Calif., July 26, 2022 (GLOBE NEWSWIRE) — Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, announced today that it has achieved Threat Detection and Response distinction withAmazon Web Services (AWS) Security Competency status for Sumo Logic Cloud SIEM and Cloud SOAR solutions. This designation recognizes achievements in empowering AWS customers to transform their security operations with relevant threat data and streamlined incident response capabilities.

Achieving this AWS Security Competency differentiates Sumo Logic as an AWS Partner that enables enterprises of all sizes to better manage the advanced threat landscape. Sumo Logic is addressing the major challenges facing security operations teams and increasing enterprises’ overall security posture on AWS with deep and contextualized insights, automation, and machine learning.

“Enterprises face rapidly expanding threat surfaces as cloud and digital transformation transitions accelerate,” said Dave Frampton, VP/GM, Sumo Logic Security Business Unit, Sumo Logic. “Earning the AWS Security Competency status for our Cloud SIEM and Cloud SOAR solutions is another milestone in our journey to modernize security for evolving applications and security operations.”

Sumo Logic Cloud SIEM generates prioritized and contextualized insights and workflow automation to reduce manual tasks and the time needed to detect and respond to threats. Along with the native integration of Cloud SIEM, Cloud SOAR quickly enables insightful decision-making and fully automates incident response to improve collaboration and security posture. With a single platform, Sumo Logic’s customers can consolidate their security tools and make them more accessible for security, IT and developer operations.

To achieve this designation, partners must possess deep AWS expertise and deliver solutions seamlessly on AWS. AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established theAWS Competency Program to help customers identify AWS Partners with deep industry experience and expertise.

Sumo Logic has been a long-time partner of AWS and namedIndependent Software Vendor (ISV) Partner of the Year for 2021 by AWS. The company also gainedAWS Container Competency status in 2019.

Additional Resources: Sumo Logic Security

About Sumo Logic

Sumo Logic, Inc. (NASDAQ: SUMO) empowers the people who power modern, digital business. Through its SaaS analytics platform, Sumo Logic enables customers to deliver reliable and secure cloud-native applications. The Sumo Logic Continuous Intelligence Platform™ helps practitioners and developers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructures. Customers around the world rely on Sumo Logic to get powerful real-time analytics and insights across observability and security solutions for their cloud-native applications. For more information, visitwww.sumologic.com.

Sumo Logic is a trademark or registered trademark of Sumo Logic in the United States and in foreign countries. All other company and product names may be trademarks or registered trademarks of their respective owners.

Any information regarding offerings, updates, functionality, or other modifications, including release dates, is subject to change without notice. The development, release, and timing of any offering, update, functionality, or modification described herein remains at the sole discretion of Sumo Logic, and should not be relied upon in making a purchase decision, nor as a representation, warranty, or commitment to deliver specific offerings, updates, functionalities, or modifications in the future.

Media Contacts

Carmen Harris, Sumo Logic
[email protected] 

Jenna Shikoff, RH Strategic
[email protected] 

 



Applied Industrial Technologies Announces New 2022 / 2023 Product Catalog

Applied Industrial Technologies Announces New 2022 / 2023 Product Catalog

Comprehensive, Convenient Resource with Nearly 30,000 Industrial Maintenance Essentials

CLEVELAND–(BUSINESS WIRE)–
Applied Industrial Technologies (NYSE: AIT) has announced the availability of its new 2022 / 2023 Applied® Product Catalog – featuring nearly 30,000 of its most popular maintenance and industrial items, and representing more than 180 high-quality, trusted manufacturers.

The catalog’s diverse product selection ranges from bearings, belts, hoses, motors, drives and power transmission products to hydraulic and pneumatic components, tools, maintenance products, safety and PPE items, janitorial supplies, industrial chemicals and coatings, and much more.

“The Applied® Product Catalog is a valuable, one-stop resource that conveniently serves the needs of MRO and OEM customers,” says Jason Vasquez, Vice President – Sales & Marketing. “Not only is the catalog well organized for quick and efficient procurement of direct replacement parts and maintenance supplies,” adds Vasquez, “but it also contains technical product information, troubleshooting guides, cross-reference charts, and other useful information to further assist maintenance professionals in achieving their goals of reduced downtime and increased productivity.”

The print version of this new edition is available for free at Applied® service centers throughout the country, by request online at www.applied.com/requestacatalog or by calling 866-351-3464. Additionally, the catalog is offered digitally and is accessible through the mobile app available in iTunes® or Google Play or online at https://catalog.applied.com. The digital catalog includes instant Applied.com access with full shopping capabilities and easy ordering.

About Applied®

Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.

iTunes is a registered trademark of Apple Inc. Google Play is a trademark of Google Inc.

Julie A. Kho

Manager, Corporate Communications

& Public Relations

216-426-4483

[email protected]

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Manufacturing Other Manufacturing Machinery Machine Tools, Metalworking & Metallurgy Chemicals/Plastics

MEDIA:

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Merck Announces Fourth-Quarter 2022 Dividend

Merck Announces Fourth-Quarter 2022 Dividend

RAHWAY, N.J.–(BUSINESS WIRE)–
Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced that the Board of Directors has declared a quarterly dividend of $0.69 per share of the company’s common stock for the fourth quarter of 2022. Payment will be made on Oct. 7, 2022, to shareholders of record at the close of business on Sept. 15, 2022.

About Merck

At Merck, known as MSD outside of the United States and Canada, we are unified around our purpose: We use the power of leading-edge science to save and improve lives around the world. For more than 130 years, we have brought hope to humanity through the development of important medicines and vaccines. We aspire to be the premier research-intensive biopharmaceutical company in the world – and today, we are at the forefront of research to deliver innovative health solutions that advance the prevention and treatment of diseases in people and animals. We foster a diverse and inclusive global workforce and operate responsibly every day to enable a safe, sustainable and healthy future for all people and communities. For more information, visit www.merck.com and connect with us on Twitter, Facebook, Instagram, YouTube and LinkedIn.

Forward-Looking Statement of Merck & Co., Inc., Rahway, N.J., USA

This news release of Merck & Co., Inc., Rahway, N.J., USA (the “company”) includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements.

Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of the global outbreak of novel coronavirus disease (COVID-19); the impact of pharmaceutical industry regulation and health care legislation in the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; the company’s ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the company’s patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions.

The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the company’s Annual Report on Form 10-K for the year ended December 31, 2021 and the company’s other filings with the Securities and Exchange Commission (SEC) available at the SEC’s Internet site (www.sec.gov).

Media:

Johanna Herrmann, (617) 216-6029

Melissa Moody, (215) 407-3536

Investor:

Peter Dannenbaum, (908) 740-1037

Steven Graziano, (908) 740-6582

KEYWORDS: New Jersey United States North America

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Managed Care General Health Health Medical Devices Health Technology Other Health

MEDIA:

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AEP RECOGNIZED AS ONE OF AMERICA’S BEST EMPLOYERS FOR WOMEN

PR Newswire


COLUMBUS, Ohio
, July 26, 2022 /PRNewswire/ –American Electric Power (Nasdaq: AEP) was included in Forbes magazine’s America’s Best Employers for Women 2022 list for the third consecutive year.

The list was compiled based on an independent survey of 50,000 U.S. employees, including 30,000 women, working for companies with at least 1,000 employees. Participants were asked to rate their employer based on working conditions, salary and wage, diversity and likelihood to recommend their employer to others. These responses were then reviewed for potential gender gaps, which were then reflected in the company’s score. Female respondents were then asked to rate their organization based on parental leave, family support, discrimination and pay equity. Respondents were also asked to rank their employer based on the share of women in executive roles and nominate other companies based on their diversity efforts. The 400 companies that received the highest total scores were named to the list.

“AEP prides itself on attracting and retaining a talented, diverse workforce representative of the communities we serve,” said Nicholas K. Akins, AEP chairman, president and chief executive officer. “This award showcases our dedication to building an inclusive, supportive company culture, and we’ll continue to develop programs to support our female colleagues.”

Learn more about AEP’s strategy to build the workforce of the future.

American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP’s approximately 16,700 employees operate and maintain the nation’s largest electricity transmission system and more than 224,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 31,000 megawatts of diverse generating capacity, including more than 7,100 megawatts of renewable energy. The company’s plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and has committed to achieving net zero by 2050. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. For more information, visit aep.com.

 

 

 

 

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SOURCE American Electric Power

Denbury Publishes 2022 Corporate Responsibility Report

Denbury Publishes 2022 Corporate Responsibility Report

PLANO, Texas–(BUSINESS WIRE)–
Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced the publication of its seventh Corporate Responsibility Report, disclosing key performance data for the Company’s operations during the 2021 calendar year. The report demonstrates Denbury’s continued dedication to transparency and was prepared based on the recommendations of the Task Force on Climate-Related Financial Disclosures (“TCFD”), in accordance with the Global Reporting Initiative (“GRI”) Standards: Core Option and includes indicators from the Sustainability Accounting Standards Board (“SASB”) Standards.

Noteworthy accomplishments related to Denbury’s corporate responsibility in 2021 include:

  • Delivered net negative Scope 1 and Scope 2 carbon dioxide equivalent (“CO2e”) emissions
  • Established a near-term target of reducing Scope 1 and Scope 2 CO2e emissions by 3% in 2022, and made achievement of this target an element of employee compensation
  • Received third-party verification of the negative carbon intensity of the Company’s “Blue Oil” production at the West Hastings and Bell Creek enhanced oil recovery assets
  • Transported, injected and stored over 3.7 million metric tons of industrial-sourced CO2
  • Reduced Denbury’s employee and contractor combined total recordable incident rate by 52%, setting a Company record-low level for a fifth consecutive year
  • Provided comprehensive training and development programs on safety, leadership, and diversity to field and office employees

Chris Kendall, Denbury’s President and CEO commented, “Our 2022 Corporate Responsibility Report reflects our successes operating a growing, profitable and sustainable company that is dedicated to bettering our employees, our environment and our communities. As Denbury continues to power the energy transition with world-leading carbon solutions, corporate responsibility and sustainability remain critical elements of our overall business strategy. We are proud to have delivered net negative combined Scope 1 and Scope 2 CO2e emissions for the past five years and remain confident that we will achieve our objective of becoming fully carbon-negative by 2030, including Scope 1, 2, and 3 emissions. Through our Denbury Carbon Solutions business, we intend to significantly accelerate global carbon capture by providing the industry’s most extensive and reliable CO2 management, transportation and storage service network. We are excited about our achievements to date and remain focused on enhancing our sustainability efforts to drive progress in our pursuit of decarbonizing our world safely and economically.”

Access the 2022 Corporate Responsibility Report under the Sustainability page of our website: www.denbury.com.

ABOUT DENBURY

Denbury is an independent energy company with operations and assets focused on Carbon Capture, Use and Storage (CCUS) and Enhanced Oil Recovery (EOR) in the Gulf Coast and Rocky Mountain regions. For over two decades, the Company has maintained a unique strategic focus on utilizing CO2 in its EOR operations and since 2012 has also been active in CCUS through the injection of captured industrial-sourced CO2. The Company currently injects over four million tons of captured industrial-sourced CO2 annually, with an objective to fully offset its Scope 1, 2, and 3 CO2 emissions by 2030, primarily through increasing the amount of captured industrial-sourced CO2 used in its operations. For more information about Denbury, visit www.denbury.com.

Follow Denbury on Twitter and LinkedIn.

This press release contains forward looking statements that involve risks and uncertainties, including risks and uncertainties detailed in the Company’s filings with the Securities and Exchange Commission, which risks and uncertainties are incorporated by reference as though fully set forth herein. These statements are based on financial and operating assumptions that the Company believes are reasonable based on currently available information; however, management’s assumptions and the Company’s future performance are subject to a wide range of business risks, and there is no assurance that these goals and projections can or will be met. Actual results may vary materially. Any forward-looking statements represent the Company’s estimates only as of today and should not be relied upon as representing its projections as of any future date.

DENBURY IR CONTACTS

Brad Whitmarsh, 972.673.2020, [email protected]

Beth Bierhaus, 972.673.2554, [email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Professional Services DEI (Diversity, Equity and Inclusion) Environmental, Social and Governance (ESG) Other Energy Oil/Gas Alternative Energy Energy

MEDIA:

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Yakub Mathew Joins Wells Fargo Advisors

PR Newswire


NEW YORK
, July 26, 2022 /PRNewswire/ — Wells Fargo Advisors today announced an expansion in the New York Madison Avenue branch with the addition of Yakub Mathew.  Mathew will serve as Managing Director – Investments for the New York City office, which now includes 34 financial advisors in the New York City Area. Mathew has more than 34 years of wealth management experience and will focus on building and managing the investment business, strengthening client relationships and growing services for Ultra High Net Worth clients, focusing on the South-Asian market segment.

Prior to joining Wells Fargo Advisors, he served as a Managing Director and Global India Head, USA at Citi Private Bank for 12 years. Mathew also served as National Head of South Asian Banking at HSBC for 8 years.

Yakub graduated from St. Stephens College, Delhi, India with a B.A. (Honors) Degree in Economics and a Masters in Economics. He also holds an MBA from the Asian Institute of Management, Manila.

Wells Fargo Advisors’ Madison Avenue office is located at 535 Madison Avenue.

About Wells Fargo Advisors

With $1.88 trillion in client assets as of March 31, 2022, Wells Fargo Advisors provides advice and guidance to help clients maximize all aspects of their financial lives. Our vast network of financial advisors, one of the nation’s largest, serves investors through locations in all 50 states and the District of Columbia. Wells Fargo Advisors is a part of Wells Fargo Wealth & Investment Management (WIM), a division within Wells Fargo & Company and one of the largest wealth managers in the U.S. WIM provides financial products and services through various bank and brokerage affiliates of Wells Fargo & Company. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. All data includes Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, as of March 31, 2022. www.wellsfargoadvisors.com


Investment and Insurance Products are:

  • Not Insured by the FDIC or Any Federal Government Agency
  • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate
  • Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested
About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is the leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells

Fargo ranked No. 37 on Fortune’s 2021 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo

Investment products and services are offered through Wells Fargo Advisors, a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company.

Wells Fargo Advisors associates referenced, when registered, are registered with Wells Fargo Clearing Services, LLC.

©2022 Wells Fargo Clearing Services, LLC. All rights reserved.                                                  CAR- 0722-02474

Contact
 Information


Caryl Ann Caristo


Wells Fargo Advisors


[email protected]

 

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SOURCE Wells Fargo Advisors

H&R Block’s Inclusive Culture for Women Earns Forbes Recognition

The company was named to Forbes’ list of America’s Best Employers for Women for the second time

KANSAS CITY, Mo., July 26, 2022 (GLOBE NEWSWIRE) — H&R Block (NYSE: HRB) earned a spot on Forbes’ list of America’s Best Employers for Women due to the company’s continued dedication to create a connected and inclusive culture, and place of belonging for all associates.

This was the second time the company received this distinction, and the Best Employers for Women 2022 were chosen based on an independent survey of 50,000 employees of companies with at least 1,000 workers at U.S. operations. Forbes teamed up with market research company Statista to identify the companies liked most by female workers. This year, H&R Block is one of four companies in Kansas City and 400 total to earn a spot in the top 200.

To continue to create a sense of belonging, the company’s internal Belonging@Block initiative helps guide several associate-led Belonging Groups, which includes the company’s Women’s Network. This group works to connect and motivate women at Block as they pursue professional success, as well as personal fulfillment.

“I’m proud of the work of the Women’s Network at Block as it focuses on ways to advocate, educate, inspire and bring about change,” said Tiffany Monroe, Chief People and Culture Officer and Executive Sponsor of the Women’s Network at H&R Block. “We consistently collect, manage and report against key performance indicators to measure and improve gender diversity.”

In addition to Belonging Groups, the company offers benefits to support women including, expanded paid leave for all types of parenting and caregiving, infertility, surrogacy and adoption support, pregnancy support and more. The most recent benefit announced was reimbursement for eligible travel-related expenses for reproductive healthcare that cannot be accessed within 100 miles of an associate’s home address due to local restrictions.

“We want every associate at H&R Block to feel supported by the company,” said Karen Orosco, President of Global Consumer Tax and Service Delivery and Executive Sponsor of the Women’s Network at H&R Block. “Whether it’s through Belonging Groups, the benefits we offer, or just making sure we give everyone an opportunity to be heard in meetings, we will continue to do all that we can to be a leader in inclusivity.”

H&R Block has previously been recognized by Forbes for other areas of excellence in the workplace including Best Employers for Diversity (2022), America’s Best Large Employers (2022), Canada’s Best Employers (2022), America’s Best Tax and Accounting Firms (2022), World’s Best Employers (2021), America’s Best Employers By State (2021), Best Employers for New Grads (2021), Best Employers for Diversity (2021 & 2022), America’s Best Employers (2021) and Best Employers for Women (2019).

About H&R Block

H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with innovative products like Wave Money, a small-business banking and bookkeeping solution, and the only business bank account to manage bookkeeping automatically. For more information, visit H&R Block News or follow @HRBlockNews on Twitter.



For Further Information

Investor Relations:
Michaella Gallina, (816) 854-3022, [email protected]
Jordyn Eskijian, (816) 854-5674, [email protected]

Media Relations:
Angela Davied, (816) 854-5798, [email protected]

MSG Entertainment Announces Two Trey Anastasio Acoustic Performances at the Beacon Theatre – August 19 & 20, 2022

MSG Entertainment Announces Two Trey Anastasio Acoustic Performances at the Beacon Theatre – August 19 & 20, 2022

TICKETS ON SALE THURSDAY, JULY 28

Performance marks the debut of Sphere Immersive Sound – the world’s most advanced concert audio system – at the Beacon Theatre

Technology developed for MSG Sphere will substantially improve audience experience at the Beacon Theatre and provide greater programming control and flexibility for artists and engineers

NEW YORK–(BUSINESS WIRE)–
Madison Square Garden Entertainment Corp. (MSG Entertainment) (NYSE: MSGE) announced today that Trey Anastasio will play two acoustic performances at the Beacon Theatre on August 19 & 20, 2022, with tickets on sale to the general public on Thursday, July 28 at noon ET. With these shows, Anastasio will be the first artist to utilize the venue’s groundbreaking new sound system – Sphere Immersive Sound. This is the world’s most advanced concert audio system, and was developed for MSG Sphere at The Venetian, which is scheduled to open in Las Vegas in the second half of 2023.

Tickets for the Trey Anastasio shows on August 19 & 20 at The Beacon will go on sale to the general public on Thursday, July 28, 2022 at noon (ET) via Ticketmaster.com. Tickets will also be available in person beginning on Friday, July 29, 2022 at the Madison Square Garden, Radio City Music Hall and Beacon Theatre box offices.

Anastasio has a long history with MSG Entertainment’s venues, as a solo act, with Trey Anastasio Band, and with Phish, and is local to the Upper West Side, the home of the Beacon Theatre. Anastasio most recently played The Beacon in June 2021 when he performed to the venue’s first full-capacity crowd in more than 450 days. In another first for the venue, Anastasio heralded The Beacon’s first-ever virtual residency in October and November 2020 with “The Beacon Jams” – eight weekly shows that were streamed live to hundreds of thousands of fans over Twitch and raised more than $1 million for The Divided Sky Foundation.

“We’re thrilled to welcome Trey Anastasio back to the Beacon Theatre, but even more so to have him be the first artist to utilize our incredible new audio technology,” said Jim Dolan, Executive Chairman and Chief Executive Officer, MSG Entertainment. “Trey and his team have always embraced innovation, so it made perfect sense to work with them these last few months on how we begin to introduce Sphere Immersive Sound. This will be an incredibly special acoustic performance, where the audience will truly experience the clarity and purity of his sound.”

“I was lucky enough to experience a demo of Sphere Immersive Sound, and it’s truly unbelievable,” said Trey Anastasio. “I am thrilled to be able to debut this cutting-edge technology at the Beacon Theatre, one of my favorite venues in the world.”

Sphere Immersive Sound uses 3D audio beamforming technology to deliver targeted, crystal-clear and uniform audio to every seat in the house – setting a new standard for sound quality in performance venues. Anastasio’s August performances will mark the first time that this audio innovation is being integrated into a performance venue, as well as the debut of MSG Sphere technology to audiences. Following these two concerts, future events at The Beacon will continue to utilize Sphere Immersive Sound. In addition to its integration at The Beacon, the full capabilities of this technology are being further customized and scaled for MSG Sphere – which will deliver unique and immersive listening experiences for audiences of up to 20,000 people.

The Beacon Theatre audio experience consists of five arrays, which are specifically tailored to the venue and direct sound to its four sections – orchestra, loge, lower balcony and upper balcony – with precision. Traditional speaker technology can deliver an inconsistent and uneven sound experience, but with beamforming technology, sound levels remain consistent from point of origin to destination – ensuring every audience member experiences the optimal sound mix, regardless of where they’re seated.

About Madison Square Garden Entertainment Corp.

Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment. The Company presents or hosts a broad array of events in its diverse collection of venues: New York’s Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; and The Chicago Theatre. MSG Entertainment is also building a new state-of-the-art venue in Las Vegas, MSG Sphere at The Venetian. In addition, the Company features the original production – the Christmas Spectacular Starring the Radio City Rockettes – and through Boston Calling Events, produces the Boston Calling Music Festival. The Company’s two regional sports and entertainment networks, MSG Network and MSG+, deliver a wide range of live sports content and other programming. Also under the MSG Entertainment umbrella is Tao Group Hospitality, with entertainment dining and nightlife brands including: Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan and Omnia. More information is available at www.msgentertainment.com.

About MSG Sphere at The Venetian

With approximately 17,500 seats – including 10,000 immersive seats – and a scalable capacity up to around 20,000 guests, MSG Sphere at The Venetian will become the venue of choice for a wide variety of content, including attractions, concerts, residencies, product launches, and sporting events. In addition to the world’s highest resolution LED screen, MSG Entertainment has developed a multi-layered audio system equipped with more than 160,000 speakers that utilize beamforming technology to deliver targeted, crystal-clear and consistent audio to every seat in the house. The venue will also feature multi-sensory technologies such as immersive seating, evocative scents and changing temperatures, to take experiential storytelling to an entirely new level. MSG Sphere at The Venetian is scheduled to open in the second half of calendar 2023.

Press Contacts:

Mikyl Cordova – [email protected]

Natalie Ravitz – [email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Other Entertainment Audio/Video Music General Entertainment Technology Events/Concerts Mobile/Wireless Entertainment

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City of Memphis Selects Ameresco to Lead Comprehensive LED Streetlighting, Controls and Networking Project

City of Memphis Selects Ameresco to Lead Comprehensive LED Streetlighting, Controls and Networking Project

Ameresco will upgrade more than 77,000 of all citywide streetlights from high pressure sodium luminaires to LED fixtures

FRAMINGHAM, Mass. & MEMPHIS, Tenn.–(BUSINESS WIRE)–Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its partnership with the City of Memphis and Memphis Light, Gas and Water (MLGW) to lead a comprehensive LED streetlighting, controls and networking project designed to reduce energy costs citywide and enhance operations and maintenance capabilities with the upgrade of over 77,000 fixtures to LED.

In addition to providing improved illumination, enhanced safety and reduced maintenance needs, the project is expected to result in annual energy savings of more than 37 million kWh and reduce greenhouse gas emissions by more than 26,000 metric tons. The resulting energy and operating cost savings will allow the project to pay for itself over the life of the system. Updated luminaires will be fully controllable through remote monitoring on a secure network capable of additional smart city applications. The City of Memphis aims to significantly reduce its carbon emissions, while simultaneously improving both streetscape and nighttime visibility in a cost-effective and energy-efficient manner through the completion of this project.

Additionally, throughout the construction process, local residents from Memphis and the surrounding communities will be employed to participate in the construction of the streetlighting upgrades. By working in conjunction with the community, Ameresco hopes to exceed Memphis’s goals for MWBE participation for job creation and workforce development and create lasting opportunities for residents that extend beyond the project term.

“We are now almost ready to begin converting all 77,000 streetlights across our city to LED bulbs. By doing this, we will be bringing significantly improved lighting to every neighborhood in Memphis,” Mayor Jim Strickland said. “As I stated in my State of the City last year, no longer will criminals have a safe harbor to operate under cover of darkness and prey on our citizens in dimly lit parts of the City. I’m pleased this much-needed project will be starting soon.”

“MLGW is pleased to work with the City of Memphis and Ameresco to upgrade MLGW’s streetlighting system within the City of Memphis to provide enhanced lighting, substantial energy savings, reduced greenhouse gas emissions, and lower maintenance costs,” said J.T. Young, President and CEO, Memphis Light, Gas and Water.

As the leading Energy Services Company (ESCO) provider of LED streetlighting conversions and the largest non-utility purchaser of LED streetlights, Ameresco brings national streetlighting and controls experience to the project. In total, Ameresco has experience developing projects for and converting more than 800,000 streetlights to LED light sources, of which over 50% are controlled by a lighting management system.

“Our experience leading complex streetlighting modernization projects with some of the largest cities in the U.S., like Chicago and Phoenix, has prepared us well for our work with the City of Memphis,” said Louis P. Maltezos, Executive Vice President, Ameresco. “Our goal is to outfit the city with state-of-the-art solutions that will greatly reduce light pollution and ensure a cleaner, safer and healthier future for all Memphis residents.”

Construction is expected to begin in Fall 2022 and reach completion by Fall 2023.

To learn more about the smart cities solutions offered by Ameresco, visit https://www.ameresco.com/smart-cities/.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.

About City of Memphis

The City of Memphis, founded in 1819 and incorporated in 1826 is the second largest city in Tennessee and the 28th-largest city in the United States in terms of population. For more information, visit https://www.memphistn.gov/.

About Memphis Light, Gas and Water

Memphis Light, Gas and Water is the largest three-service public power utility in the nation, serving more than 439,000 customers in Memphis and Shelby County.

The announcement of an award of a customer’s project contract is not necessarily indicative of the timing or amount of revenue from such award, of the company’s overall revenue for any particular period or of trends in the company’s overall total project backlog. This project was included in our previously reported awarded backlog as of March 31, 2022.

Media:

Ameresco: Leila Dillon, 508-661-2264, [email protected]

City of Memphis: Arlenia Cole, 901-569-1971, [email protected]

KEYWORDS: United States North America Tennessee Massachusetts

INDUSTRY KEYWORDS: Other Energy Utilities Construction & Property Environment Alternative Energy Energy Urban Planning Green Technology

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