OMRON and Cognizant Partner to Revolutionize Manufacturing with Unique One-Stop IT-OT Integration

PR Newswire

  • Balancing economic and social value for the future of manufacturing through advanced technologies.
  • Promoting sustainable manufacturing by enhancing workforce efficiency, boosting productivity, and minimizing greenhouse gas emissions.
  • Empowering people through data-driven decision making with manufacturing intelligence, AI & automation and digitalization.


STUTTGART, Germany
, April 8, 2025 /PRNewswire/ — OMRON Corporation (TSE:6645) and Cognizant (NASDAQ:CTSH) have signed a strategic partnership to integrate Information Technology (IT) and Operational Technology (OT) in the manufacturing industry. The collaboration includes Cognizant being chosen as the engineering partner for OMRON’s Industrial Automation Business (IAB) products.

OMRON, known for its advanced automation technology, and Cognizant, with expertise in IT-OT convergence, will offer a unique, one-stop solution for digital transformation. The partnership combines OMRON’s OT products, such as sensors, controllers, servo motors, safety equipment and robots, with Cognizant’s IT capabilities, including cloud, AI, IoT, and digital twin technologies.

Through this collaboration, the companies provide a distinctive capability to achieve flexible and agile operational excellence. This includes consultancy, on-site implementation, operation, and maintenance. Target sectors for the joint capability include Automotive, Semiconductor, Electronics, Industrial Manufacturing, Life Sciences and Consumer Goods industries.

Combining the capabilities of both companies, OMRON and Cognizant strive to establish a unique business model that addresses on-site and management issues through continuous IT-OT analysis and improvements. This IT-OT integration will leverage both companies’ strengths to help promote sustainable manufacturing, enhancing productivity, improving workforce efficiency and lowering greenhouse gas emissions.

OMRON’s broad product lineup (more than 200,000 SKUs) gathers high-quality field data for Cognizant’s Asset Performance Excellence (APEx) platform and its Industry 4.0/5.0 maturity assessment tool OnePlant™. This data, combined with management information, helps analyze IT-side issues and prioritize improvements from a management perspective. Results can be fed back via OMRON’s control application and the i-BELT data utilization service, working with customers to address on-site challenges linked to management issues in a comprehensive manner.

“OMRON is the only manufacturer of control equipment in the world that owns all the equipment used in the production line. Cognizant, on the other hand, is one of the world’s leading global IT services companies supporting the digital transformation of a wide range of industries with advanced digital technologies such as AI, IoT, and cloud,” said Junta Tsujinaga, CEO of OMRON Corporation. “Through this partnership, we will promote the integration of IT and OT to solve urgent issues faced by manufacturing sites, such as significantly improving productivity, reducing operational losses, and speeding up management decisions. The two companies will work together to promote sustainable cutting-edge manufacturing of the future.”

“Clients are looking for a Strategic Partner with deep industry and domain expertise, end to end capabilities and the ability to manage complex technologies at various layers of digital factory,” said Ravi Kumar S, CEO of Cognizant. “We are excited to partner with OMRON in taking integrated value propositions and capabilities to transform manufacturing for our clients globally. OMRON’s expertise in OT data and systems, combined with Cognizant’s digital manufacturing and IT/OT integration capabilities, will enable manufacturers to make quicker, more reliable decisions using real-time data. Together, we are committed to advancing manufacturing by leveraging emerging technologies and integrating IT and OT systems to realize a state of manufacturing in the future that is connected, intelligent, autonomous, sustainable, and resilient,” he added.

About OMRON Corporation 
OMRON Corporation, as a leading automation company with its unique “Sensing & Control + Think” technology at its core, is engaged in control equipment, healthcare, social systems, and electronic components. The company is also developing a data solution business that utilizes a wide variety of data acquired through these businesses. Founded in 1933, OMRON now employs approximately 28,000 people worldwide and provides products and services in more than 130 countries, contributing to the creation of a better society. For more information, https://www.omron.com/jp/ja/ please visit: OMRON Global

About Cognizant
Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life.
See how at www.cognizant.com or @cognizant.

For media inquiries, please contact:

OMRON: Global Corporate Communications and Engagement – Ankur Bhat, [email protected] ; +81-75-344-7175

Cognizant: [email protected]

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SOURCE Cognizant Technology Solutions

Northpointe Bancshares, Inc. Declares Quarterly Cash Dividend on Common Stock

Northpointe Bancshares, Inc. Declares Quarterly Cash Dividend on Common Stock

GRAND RAPIDS, Mich.–(BUSINESS WIRE)–
Northpointe Bancshares, Inc. (NYSE: NPB), the holding company of Northpointe Bank, announced today that its Board of Directors has declared a quarterly cash dividend in the amount of $0.025 per common share, payable May 2, 2025, to stockholders of record as of April 15, 2025.

About Northpointe Bancshares, Inc.

Headquartered in Grand Rapids, Michigan, Northpointe Bancshares, Inc. is the holding company of Northpointe Bank, a client-focused company that provides home loans and retail banking products to communities across the nation. Our mission is to be the best bank in America by bringing value and innovation to the people we serve. To learn more visit www.northpointe.com.

Note Regarding Forward Looking Statements

Statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by Northpointe Bancshares, Inc. with the Securities and Exchange Commission from time to time. Northpointe Bancshares, Inc. does not undertake and specifically disclaims any obligation to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of Northpointe Bancshares, Inc.

Kevin Comps, President

616-974-8491 | [email protected]

Brad Howes, CFO

616-726-2585 | [email protected]

KEYWORDS: United States North America Michigan

INDUSTRY KEYWORDS: Banking Professional Services Finance

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Interactive Brokers Expands Crypto Trading Again with Additional Tokens

Interactive Brokers Expands Crypto Trading Again with Additional Tokens

Trade Chainlink, Avalanche and Sui Alongside Stocks, Options, Futures, and More – All on One Platform

GREENWICH, Conn.–(BUSINESS WIRE)–Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the addition of new cryptocurrency tokens to its trading platform: Chainlink (LINK), Avalanche (AVAX), and Sui (SUI). These new tokens join Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE), providing investors access to an extensive suite of popular digital assets. LINK, AVAX and SUI are available to clients with an account at Zero Hash LLC.

Eligible clients of Interactive Brokers LLC (IB LLC) can seamlessly trade crypto on the same platform they use for stocks, options, futures, currencies, bonds, mutual funds, and more across 160+ global markets. This platform empowers investors to establish spot cryptocurrency positions and hedge their exposure with crypto futures, options, and ETFs. A unified interface also displays all balances and positions in a single view, simplifying portfolio and cash management.

“Recognizing the growing popularity of cryptocurrency trading, we continue to expand the number of digital assets available on our platform,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “With Interactive Brokers, allocating a percentage of an investment portfolio to digital assets is simple and competitively priced, and investors can now access a broader range of tokens alongside the many other asset classes available on our platform.”

Cryptocurrency trading costs at Interactive Brokers are amongst the lowest in the industry. Based on monthly volume, commissions range from 0.12% to 0.18% of trade value, with a minimum of just $1.75 per order. Clients pay no added spreads, markups, or custody fees, ensuring transparent pricing on every trade. The cryptocurrency trading costs available to Interactive Brokers clients are less than those of leading cryptocurrency exchanges and online brokers. A cryptocurrency cost comparison chart is available here: Cryptocurrency Trading (IB LLC)

“Our infrastructure is purpose-built to support sophisticated trading platforms such as Interactive Brokers as they scale their digital asset offering,” said Edward Woodford, Founder and CEO of Zero Hash. “By enabling seamless access to tokens including Chainlink, Avalanche, and Sui, we’re pleased to help IBKR continue to expand its crypto lineup in a way that meets the expectations of active and diversified investors.”

Clients trading crypto through the Interactive Brokers platform can:

  • Hold both USD and cryptocurrencies in their crypto trading account
  • Trade cryptocurrencies 24/7
  • Place non-marketable limit orders for greater control over execution
  • Withdraw crypto to an external wallet for added flexibility

Explore Cryptocurrency trading on Interactive Brokers’ platform at:

US: Cryptocurrency Trading (US and countries served by IB LLC)

The best-informed investors choose Interactive Brokers

Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services.

About Interactive Brokers Group, Inc.:

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron’s, Investopedia, Stockbrokers.com, and many others.

Contacts for Interactive Brokers Group, Inc.

Media: Katherine Ewert, [email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Professional Services Blockchain Technology Cryptocurrency Finance Asset Management Digital Cash Management/Digital Assets

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The Hackett Group: Report Reveals GBS AI Adoption Accelerating, With 63% Seeing Early Gains

The Hackett Group: Report Reveals GBS AI Adoption Accelerating, With 63% Seeing Early Gains

42% of GBS organizations piloted Gen AI in 2024, driving productivity and cost savings

MIAMI–(BUSINESS WIRE)–The Hackett Group, Inc. (NASDAQ: HCKT), a leading generative artificial intelligence (Gen AI) strategic consultancy and executive advisory firm, today released findings from its 2025 Key Issues Study, revealing that global business services (GBS) organizations are rapidly advancing their AI adoption. In 2024, 42% of GBS organizations piloted Gen AI, and 63% of these early adopters reported measurable gains in productivity, cost savings, and service quality. With AI’s transformational potential now proven, GBS leaders must accelerate deployment or risk falling behind.

“Leading GBS organizations have begun to adopt Gen AI as a foundational lever to achieve their objectives,” said Martijn Geerling, principal and GBS Executive Advisory practice leader at The Hackett Group. “They are moving from an ‘early adoption with multiple Gen AI POCs (proof-of-concepts)’ to adopting Gen AI at scale.”

In fact, two-thirds of GBS leaders believe Gen AI, including the use of AI agents, will fundamentally reshape structured work this year. GBS technology budgets are set to increase by 10%. Looking ahead, 71% expect a transformational impact on unstructured tasks by 2027.

Gen AI raising GBS performance to new levels

Forty-two percent of GBS organizations piloted Gen AI in 2024, while another 26% explored limited use cases. The results? Approximately 63% of these early adopters met or exceeded expectations, citing benefits such as:

  • Up to 25% improvement in quality and productivity
  • Better customer and employee experiences
  • Meaningful reductions in operating costs and full-time equivalents

In 2025, GBS leaders increasingly expect Gen AI to support their top business objectives such as:

  • Achieving cost leadership – 60% view AI as critical to cost-reduction strategies.
  • Elevating value creation – 70% focus on AI-driven spend and working capital management.
  • Expanding service penetration – 47% plan to scale shared services to additional business units and countries.

Leaders expect to accelerate Gen AI deployment within nearly every GBS function in 2025, with the most activity in finance, information technology, human resources and procurement shared services. The nature of GBS means they will play a unique role in shaping and facilitating greater adoption of Gen AI across the enterprise.

Breakthrough improvement requires overcoming key obstacles

While it will come as no surprise to GBS executives, The Hackett Group’s study confirmed that teams must find a way to do more with less. A widening efficiency gap looms – workloads are set to increase by 11% in 2025, while budgets will only grow by 7%, leaving GBS leaders with a 4% shortfall to bridge. Many are turning to Gen AI and AI agents as a solution, with a 10% increase in technology investment planned for 2025. However, significant barriers to adoption remain. The biggest perceived challenges include process complexity (73%), unrealistic expectations (71%), data quality and technology issues (71%), AI talent shortages (67%), and change management issues (64%).

To fully capitalize on AI and deploy with speed, The Hackett Group recommends that GBS leaders cultivate a business culture that embraces co-intelligence, set realistic performance expectations, reskill/upskill talent and evaluate the use of AI agents to support your existing talent pool.

Download the full 2025 GBS Agenda report here.

About The Hackett Group®

The Hackett Group, Inc. (NASDAQ: HCKT) is an IP and platform-based, Gen AI strategic consulting and executive advisory firm that enables Digital World Class® performance. Using AI XPLR and ZBrain – our ideation through implementation platforms – our experienced professionals help organizations realize the power of Gen AI and achieve quantifiable, breakthrough results, allowing us to be key architects of their Gen AI journey.

Our expertise is grounded in unparalleled best practices insights from benchmarking the world’s leading businesses – including 97% of the Dow Jones Industrials, 89% of the Fortune 100, 70% of the DAX 40 and 55% of the FTSE 100. Visit us at www.thehackettgroup.com.

Trademarks

The Hackett Group®, quadrant logo, and Digital World Class® are the registered marks of The Hackett Group®.

Cautionary Statement Regarding “Forward-Looking” Statements

This 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. Statements including without limitation, words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” or other similar phrases or variations of such words or similar expressions indicating, present or future anticipated or expected occurrences or outcomes are intended to identify such forward-looking statements. Forward-looking statements are not statements of historical fact and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that may impact such forward-looking statements include without limitation, the ability of The Hackett Group to effectively market its digital transformation, our ability to transition our capabilities to support generative artificial intelligence (AI)-related consulting services and solutions and other consulting services, our ability to effectively integrate acquisitions, including the LeewayHertz acquisition into our operations, our ability to manage joint ventures and successfully cooperate with our joint venture partners, competition from other consulting and technology companies that may have or develop in the future, similar offerings, the commercial viability of The Hackett Group and its services as well as other risk detailed in The Hackett Group’s reports filed with the United States Securities and Exchange Commission. The Hackett Group does not undertake any duty to update this release or any forward-looking statements contained herein.

[email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Software Professional Services Internet Data Management Technology Artificial Intelligence Other Professional Services Legal Human Resources Congressional News/Views Finance Public Policy/Government Consulting

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NICE Actimize Recognized as a Leader in Anti-Money Laundering Solutions Report with Highest Scores Possible in All Ten Criteria within Current Offering Category

NICE Actimize Recognized as a Leader in Anti-Money Laundering Solutions Report with Highest Scores Possible in All Ten Criteria within Current Offering Category

NICE Actimize received the highest possible scores in 14 criteria including data integration, watchlist management and screening, and case management

HOBOKEN, N.J.–(BUSINESS WIRE)–NICE Actimize, a NICE (NASDAQ: NICE) business, today announced that it has been recognized as a Leader in Anti-Money Laundering solutions by Forrester Research, a leading global research and advisory firm. The analyst firm included NICE Actimize among the most significant vendors in the market, in its recent report titled, “The Forrester Wave™: Anti-Money Laundering Solutions, Q2 2025.”

NICE Actimize received the highest possible scores across all ten criteria within the current offering category. The current offering criteria receiving these scores were AI/ML based risk scoring, data integration, administrator management, watchlist management and screening, rules-based risk scoring and alerting, support for transaction types, queue definitions and alert routing, case management, 3rd party integrations, and reporting.

NICE Actimize also received highest scores possible in the Forrester evaluation in the vision, adoption, pricing flexibility and transparency and community criteria within the strategy category.

“Forrester’s take,” according to the report was, “The solution is a great fit for enterprises looking for a combined AML and fraud management (FRAML) solution on-premises or in the cloud.”

Commenting on NICE Actimize’s overall product strategy, the report noted, “NICE Actimize excels in migrating its offerings to the cloud. Its use of genAI across all areas for AML and its collaboration with global regulators…elevate the vendor’s vision above others. Strong adoption-boosting strategies include ongoing free health checks and model/library updates.”

With respect to its solutions capabilities, the Forrester report stated, “Data integration capabilities, schema setup and mapping both use genAI and are intuitive. Its rules-based transaction risk scoring is powerful and ahead of the competition. Data scientists can choose from a catalog of built in, productized AI and (machine learning) ML risk-scoring models for transaction monitoring.”

“We have significantly invested in our solutions roadmap to offer the most advanced AML solutions available on the market today, including advanced and generative AI, and we will continue to innovate in these technologies,” said Craig Costigan, CEO, NICE Actimize. “We are honored that Forrester recognizes us as a leader in its 2025 anti-money laundering solutions report.”

To access a complimentary copy of“The Forrester Wave™: Anti-Money Laundering Solutions, Q2 2025,” please visit this pagehere.

Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here.

Additional assets:

  • For more information on NICE Actimize’s Anti-Money Laundering solutions, please click here.

About NICE Actimize

As a global leader in artificial intelligence, platform services, and cloud solutions, NICE Actimize excels in preventing fraud, detecting financial crime, and supporting regulatory compliance. Over 1,000 organizations across more than 70 countries trust NICE Actimize to protect their institutions and safeguard assets throughout the entire customer lifecycle. With NICE Actimize, customers gain deeper insights and mitigate risks. Learn more at www.niceactimize.com.

About NICE

With NICE (Nasdaq: NICE), it’s never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting key business metrics. Featuring the world’s #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered self-service and agent-assisted CX software for the contact center – and beyond. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform – and elevate – every customer interaction. www.nice.com

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE’s marks, please see: www.nice.com/nice-trademarks.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Costigan, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the “Company”). In some cases, such forward-looking statements can be identified by terms such as “believe,” “expect,” “seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,” “plan,” “estimate,” or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions; competition; successful execution of the Company’s growth strategy; success and growth of the Company’s cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company’s products; inability to timely develop and introduce new technologies, products and applications; difficulties in making additional acquisitions ordifficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners; cyber security attacks or other security breaches against the Company; privacy concerns; changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, the effect of unexpected events or geo-political conditions, such as the impact of conflicts in the Middle East that may disrupt our business and the global economy; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company’s reports filed from time to time with the SEC, including the Company’s Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

Corporate Media Contact:

Cindy Morgan-Olson, +1 646 408 5896, NICE Actimize, [email protected], ET

Investors

Marty Cohen, +1 551 256 5354, [email protected], ET

Omri Arens, +972 3 763 0127, [email protected], CET

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: Software Internet Artificial Intelligence Data Management Professional Services Technology Fintech Security

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Mazzotta Rentals, Inc. Secures $160 Million Credit Facility to Accelerate Growth and Continue Fleet Expansion

PR Newswire


MIDDLETOWN, Conn.
, April 8, 2025 /PRNewswire/ — Mazzotta Rentals, Inc. (MRI), a leading provider of rental equipment solutions serving CT, MA, NY, RI, VT, NH, and ME in the construction, industrial, and infrastructure sectors, today announced it has secured an asset-based loan credit facility with M&T Bank (NYSE:MTB) as lead arranger and administrative agent.  The facility refinances existing debt and will support the company’s continued growth and expansion efforts. The transaction is comprised of a $120 million revolving line of credit along with a $5 million term loan facility. The transaction also provides MRI with a $35 million accordion feature for future growth.

 “We are thrilled to have the financial backing from M&T Bank to continue scaling our operations, expand our footprint, and meet increasing demand from our customers,” said Thomas Caldaroni, Chief Administrative Officer of Mazzotta Rentals, Inc.,  “This credit facility is a strong endorsement of our performance and overall growth strategy, and it positions us to take advantage of new opportunities in key adjacent markets.”

The credit facility, led by M&T Bank, along with a consortium of top-tier financial institutions, reflects strong confidence in MRI’s leadership, operational performance, and future trajectory.

 “This financing is an important step forward as we continue to execute on our long-term strategic plan,” said Joseph Mazzotta, Chief Executive Officer “It provides us with the flexibility to make smart investments in our fleet and infrastructure while maintaining a healthy financial profile.”

MRI has a proven record of strong growth, driven by increasing customer demand working in the general construction and infrastructure development. With this new funding, the company plans to expand its service offerings and strengthen its position as an industry leader in equipment rentals.

About Mazzotta Rentals, Inc.

Mazzotta Rentals is a premier equipment rental provider offering a wide range of construction, industrial, and specialty lift equipment. Known for its customer-first approach and reliable service, Mazzotta rentals, Inc. partners with contractors and businesses across the Northeast to support projects of all sizes.

Media Contact:

Erik Allison

Marketing & Brand Manager
[email protected]
(860) 404-9319
MazzottaRentals.Com

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SOURCE Mazzotta Rentals, Inc.

New Study in the Scientific Journal “Cancer Cell” Supports CEL-SCI’s Strategy to Seek Early Approval for Multikine in Head and Neck Cancer Based on Pre-Surgical Tumor Responses

New Study in the Scientific Journal “Cancer Cell” Supports CEL-SCI’s Strategy to Seek Early Approval for Multikine in Head and Neck Cancer Based on Pre-Surgical Tumor Responses

Head and neck cancer patients treated with Multikine who had complete or partial tumor responses before surgery had improvements in overall survival, suggesting pre-surgical tumor response is a strong indicator of efficacy and leads to improved overall survival

A third-party head and neck cancer study published in “Cancer Cell” confirms the observation that pre-surgical tumor responses in head and neck cancer leads to improved survival

VIENNA, Va.–(BUSINESS WIRE)–CEL-SCI Corporation(NYSE American: CVM) today announced that a study titled “Distinct CD8+ T cell dynamics associate with response to neoadjuvant cancer immunotherapies” by Li Housaiyin et. al., Cancer Cell (2025) provides support for CEL-SCI’s approach aimed at seeking early regulatory approval for Multikine* (Leukocyte Interleukin, Injection) as a neoadjuvant in the treatment of newly diagnosed previously untreated locally advanced head and neck cancer based on early tumor responses.

The concept that tumor responses predict survival has been acknowledged for many cancer types and has led to accelerated approval of many cancer drugs. The study in Cancer Cell, which had 41 evaluable patients, gives further support that this is also true in the neoadjuvant pre-surgical immunotherapy treatment of head and neck cancer.

“The data from both our completed Multikine neoadjuvant Phase 3 study and the study published in Cancer Cell show that newly diagnosed locally advanced head and neck cancer patients who were treated with immune therapies before surgery and had tumor responses, were also likely to have better overall survival. This is quite logical—when a person’s tumor shrinks in response to immunotherapy treatment before the tumor is removed by surgery—their survival outcome is expected to be better,” stated CEL-SCI CEO Geert Kersten. “We believe that the recent greater availability of peer-reviewed published data specific to neoadjuvant therapy and early tumor response in head and neck cancer supports our development and regulatory efforts.”

CEL-SCI’s 212-patient Confirmatory Registration Study, which has received the FDA’s go-ahead, is designed to verify the statistically significant efficacy and safety results from the Company’s previously completed Phase 3 randomized controlled Multikine trial.

During the Multikine Phase 3 clinical trial, the 5-year survival rate of the target patient population for the confirmatory study increased to 73% when patients were treated with Multikine before surgery vs 45% for control patients who received only the standard of care treatments [Log rank p=0.0015 and a hazard ratio of 0.35 (0.18, 0.65; Wald p=0.0012)].

As a neoadjuvant therapy, Multikine is given to patients right after diagnosis, prior to surgery. In the Phase 3 study, pre-surgery objective early tumor response to treatment with Multikine was confirmed by pathology at surgery. There were 45 objective early responders, of which 5 were complete pathological responders, whose tumors completely disappeared in the Multikine treated group, within the 3-weeks of Multikine treatment. There were zero responders reported in the control group pre-surgery. Pre-surgical responders exhibited a 306% overall survival prolongation and had a significantly lowered death rate -vs- non-responders 22.2% vs 54.1% (2-sided Fisher Exact Test, p <0.0001) in support of pre-surgical response being prognostic.

About CEL-SCI Corporation

CEL-SCI has been a pioneer in advocating the use of neoadjuvant cancer immunotherapy. We believe that the greatest benefit for patients can only be achieved if you boost a patient’s immune system before surgery, radiotherapy and chemotherapy have damaged it. Multikine is designed to help the immune system “target” the tumor at a time when the immune system is still relatively intact and thereby thought to be better able to mount an attack on the tumor.

Multikine (Leukocyte Interleukin, Injection), given right after diagnosis and before surgery, has been dosed in over 740 patients and received Orphan Drug designation from the FDA for neoadjuvant therapy in patients with squamous cell carcinoma (cancer) of the head and neck. Based on the data from the completed randomized controlled Phase 3 study, the FDA concurred with CEL-SCI’s target patient selection criteria and gave the go-ahead to conduct a confirmatory Registration Study. The study will enroll 212 newly diagnosed locally advanced primary treatment naïve resectable head and neck cancer patients with no lymph node involvement (determined via PET scan) and with low PD-L1 tumor expression (determined via biopsy), representing about 100,000 patients annually.

The Company has operations in Vienna, Virginia, and near/in Baltimore, Maryland.

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. When used in this press release, the words “intends,” “believes,” “anticipated,” “plans” and “expects,” and similar expressions, are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause or contribute to such differences include an inability to duplicate the clinical results demonstrated in clinical studies, timely development of any potential products that can be shown to be safe and effective, receiving necessary regulatory approvals, difficulties in manufacturing any of the Company’s potential products, inability to raise the necessary capital, inability to finalize a partnering agreement and the risk factors set forth from time to time in CEL-SCI’s filings with the Securities and Exchange Commission, including but not limited to its report on Form 10-K for the year ended September 30, 2024. The Company undertakes no obligation to publicly release the result of any revision to these forward-looking statements which may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

* Multikine (Leukocyte Interleukin, Injection) is the trademark that CEL-SCI has registered for this investigational therapy. This proprietary name is subject to FDA review in connection with the Company’s future anticipated regulatory submission for approval. Multikine has not been licensed or approved for sale, barter or exchange by the FDA or any other regulatory agency. Similarly, its safety or efficacy has not been established for any use.

Gavin de Windt

CEL-SCI Corporation

(703) 506-9460

KEYWORDS: United States North America Maryland Virginia District of Columbia

INDUSTRY KEYWORDS: Research FDA Clinical Trials Biotechnology Health Pharmaceutical Other Science Science Oncology

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American Battery Technology Company Completes Additional Drill Program to Progress Mission to Increase American Critical Mineral Production at its Nevada Lithium Project

Completion of 8 HQ Core Hole Drill Program to accelerate the company’s efforts to commercialize the Tonopah Flats Lithium Project in support of ‘Immediate Measures to Increase American Mineral Production’, a Presidential Executive Order

Reno, Nev., April 08, 2025 (GLOBE NEWSWIRE) —  American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, has completed its fourth drill program at its Tonopah Flats Lithium Project (TFLP). This marks an important milestone in the company’s effort to accelerate the commercialization of its domestic lithium resource in alignment with President Trump’s recent executive order Immediate Measures to Increase American Mineral Production.

This advancement in the commercialization of primary lithium production from our domestic-US Nevada claystone is a vital step towards onshoring the manufacturing of a reliable American critical mineral product,” said American Battery Technology Company CEO Ryan Melsert. “We look forward to collaborating with the Administration to accelerate the commercialization of our Tonopah Flats Project to support national security, reinforce supply chain stability, and create high-quality jobs.”

The company engaged True North Drilling of Tonopah, Nevada for the core sample collections. Additionally, Barr Engineering, a nationally recognized, top-tier mining engineering firm has been engaged to support the company in the design and development of its ‘mine plan of operation’ and the publication of a a prefeasibility study (PFS) for the TFLP.

This recent drilling program aims to further define the previously disclosed lithium resource, enhance the resolution of the 3D resource model, and provide geotechnical data to shape the mine’s structural pit design. Samples collected during this phase are being assayed and characterized to further define the continuity of economic-grade lithium content across the proposed mine area.

The upcoming step in the TFLP’s commercialization involves completing and publishing its PFS, which will build upon the Amended Initial Assessment published in April 2024. This assessment identified the TFLP as one of the largest domestic lithium resources, with an estimated approximately 21.2 million tons of economical lithium carbonate equivalent (LCE). The PFS will further the process of identifying financing strategies and the overall development of the project.


American Battery Technology Company



Tonopah Flats Lithium Project
Drill Program #4 Sample Holes

Tonopah Flats (TF) – Geotechnical (GT)
Total Depth Drilled (feet)
TF-25–GT1 985
TF-25–GT2 893.5
TF-25–GT3 823
TF-25–GT4 823
TF-25–GT5 820
TF-25–GT6 819
TF-25–GT7 763
TF-25–GT8 820

ABTC has already successfully manufactured battery grade lithium hydroxide material from its TFLP claystone resource utilizing its internally developed integrated demonstration-scale facility.  ABTC has engaged one of the premier global construction firms, Black & Veatch, for the engineering, procurement, and construction of a 30,000-tonnes-per-year commercial-scale lithium hydroxide refinery to be constructed directly on the TFLP mining claims.

Throughout the world lithium products are generally manufactured from conventional feedstock resources, which include hard rock spodumene materials primarily from western Australia and lithium-rich brines primarily from South America; however, the U.S. does not have large quantities of these conventional resources. As a result, in order to significantly increase domestic-U.S. production of battery grade lithium products, ABTC has developed its own technologies to be able to access the lithium within unconventional lithium-rich claystone material that is found in central Nevada to manufacture these battery grade lithium materials.

ABTC’s Tonopah Flats Lithium Project underscores its mission to lead the sustainable advancement of critical battery materials and secure a pivotal role in meeting the U.S.’s growing demand for domestically produced critical mineral lithium. By prioritizing innovation, collaboration, and environmentally responsible practices, ABTC continues to pave the way for a more resilient and independent battery supply chain.

Identified resources included Inferred, Indicated, and Measured Resources


Inferred Resource

Inferred Mineral Resource is that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. The level of geological uncertainty associated with an Inferred Mineral Resource is too high to apply relevant technical and economic factors likely to influence the prospects of economic extraction in a manner useful for evaluation of economic viability. Because an Inferred Mineral Resource has the lowest level of geological confidence of all mineral resources, which prevents the application of the modifying factors in a manner useful for evaluation of economic viability, an Inferred Mineral Resource may not be considered when assessing the economic viability of a mining project, and may not be converted to a mineral reserve.

Indicated Resource
Indicated Mineral Resource is that part of a mineral resource for which quantity and grade or quality are estimated on the basis of adequate geological evidence and sampling. The level of geological certainty associated with an Indicated Mineral Resource is sufficient to allow a qualified person to apply modifying factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit. Because an Indicated Mineral Resource has a lower level of confidence than the level of confidence of a Measured Mineral Resource, an Indicated Mineral Resource may only be converted to a Probable Mineral Reserve.

Measured Resource
Measured Mineral Resource is that part of a mineral resource for which quantity and grade or quality are estimated on the basis of conclusive geological evidence and sampling. The level of geological certainty associated with a Measured Mineral Resource is sufficient to allow a qualified person to apply modifying factors, as defined in this section, in sufficient detail to support detailed mine planning and final evaluation of the economic viability of the deposit. Because a Measured Mineral Resource has a higher level of confidence than the level of confidence of either an Indicated Mineral Resource or an Inferred Mineral Resource, a Measured Mineral Resource may be converted to a Proven Mineral Reserve or to a Probable Mineral Reserve.

Pre-Feasibility Study
A Preliminary Feasibility Study (or Pre-Feasibility Study) is a comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a qualified person has determined (in the case of underground mining) a preferred mining method, or (in the case of surface mining) a pit configuration, and in all cases has determined an effective method of mineral processing and an effective plan to sell the product. A Pre-Feasibility Study includes a financial analysis based on reasonable assumptions, based on appropriate testing, about the modifying factors and the evaluation of any other relevant factors that are sufficient for a qualified person to determine if all or part of the Indicated and Measured Mineral Resources may be converted to mineral reserves at the time of reporting. The financial analysis must have the level of detail necessary to demonstrate, at the time of reporting, that extraction is economically viable. A Pre-Feasibility Study is less comprehensive and results in a lower confidence level than a feasibility study. A Pre-Feasibility study is more comprehensive and results in a higher confidence level than an Initial Assessment.

Initial Assessment
An Initial Assessment is a preliminary technical and economic study of the economic potential of all or parts of mineralization to support the disclosure of mineral resources. The Initial Assessment must be prepared by a qualified person and must include appropriate assessments of reasonably assumed technical and economic factors, together with any other relevant operational factors, that are necessary to demonstrate at the time of reporting that there are reasonable prospects for economic extraction. An Initial Assessment is required for disclosure of mineral resources but cannot be used as the basis for disclosure of mineral reserves. An Initial Assessment is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied that would enable them to be classified as mineral reserves. There is no certainty that the economic results of an initial assessment will be realized. The mineral resource estimates presented in the ABTC Tonopah Flats Initial Assessment were performed by third-party, qualified person RESPEC, LLC and were classified by geological and quantitative confidence in accordance with the Securities and Exchange Commission (SEC) Regulation S-K 1300.

About American Battery Technology Company

American Battery Technology Company (ABTC), headquartered in Reno, Nevada, has pioneered first-of-kind technologies to unlock domestically manufactured and recycled battery metals critically needed to help meet the significant demand from the electric vehicle, stationary storage, and consumer electronics industries. Committed to a circular supply chain for battery metals, ABTC works to continually innovate and master new battery metals technologies that power a global transition to electrification and the future of sustainable energy.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are “forward-looking statements.” Although the American Battery Technology Company’s (the “Company”) management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, risks and uncertainties related to the Company’s ability to continue as a going concern; interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended June 30, 2024. The Company assumes no obligation to update any of the information contained or referenced in this press release.

Attachments



Tiffiany Moehring
American Battery Technology Company
720.254.1556
[email protected]

Textron Aviation Expands Affordable and Convenient Health Care Options for Wichita Employees With Second Onsite Plane Healthy Wellness Center & Pharmacy

Textron Aviation Expands Affordable and Convenient Health Care Options for Wichita Employees With Second Onsite Plane Healthy Wellness Center & Pharmacy

WICHITA, Kan.–(BUSINESS WIRE)–Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced the opening of its second innovative Plane Healthy Wellness Center & Pharmacy, located at the company’s east headquarters in Wichita, Kansas. The Wichita-based wellness center provides more than 9,500 employees and their dependents the choice to access affordable, convenient, comprehensive and quality health care services, helping to manage healthcare costs and giving them a resource to improve their overall wellbeing.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250408256145/en/

Textron Aviation expands affordable and convenient health care options for Wichita employees with second onsite Plane Healthy Wellness Center & Pharmacy

Textron Aviation expands affordable and convenient health care options for Wichita employees with second onsite Plane Healthy Wellness Center & Pharmacy

The Plane Healthy Wellness Center & Pharmacy is a private clinic focused on the needs of Textron Aviation employees and their dependents, leading to a personalized experience and shorter wait times. The wellness center is owned by Textron Aviation and operated and staffed by Premise Health, a leading provider of employer-direct healthcare services in the nation.

Textron Aviation opened this facility following the success of its first location at its west Wichita campus, which opened in 2022. Last year, the west Wichita wellness center served employees and their families with more than 19,000 visits, filling over 32,000 prescriptions and achieving a world-class Net Promoter Score of 90 — significantly surpassing the healthcare industry average of 58.

“At Textron Aviation, we embody our value of ‘Be Human’ — putting people at the forefront of everything we do,” said Maggie Topping, senior vice president, Human Resources & Communications, Textron Aviation. “Our employees are our greatest asset, and we are dedicated to providing them with the resources they need to thrive both personally and professionally. By opening our second wellness center, we are making a significant investment in our people, ensuring they have easy access to convenient and affordable care.”

Onsite services include primary care, urgent care, pharmacy with drive-through access, physical therapy, radiology, mental health services, wellness coaching and condition management. For added convenience, virtual appointments are also available during regular business hours at the same cost as in-person visits.

Learn more about Textron Aviation’s Total Rewards benefits beginning day one and join the team at txtav.com/careers.

About Textron Aviation

We inspire the journey of flight. For more than 95 years, Textron Aviation has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special missions, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable, productive and flexible flight.

For more information, visit www.txtav.com| specialmissions.txtav.com| defense.txtav.com| scorpion.txtav.com.

About Textron

Textron is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems.

For more information, visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, changes

Media Contact:

Kelsi Hinshaw

+1.316.665.0680

[email protected]

txtav.com

KEYWORDS: Latin America North America United States Europe Canada Kansas

INDUSTRY KEYWORDS: Other Health Other Travel Pharmaceutical Transportation Other Consumer General Health Travel Women Hospitals Men Air Transport Family Consumer Health

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Elliott Launches “Streamline 66” Podcast Featuring 1:1 Conversations with Its Best-in-Class Director Nominees

PR Newswire

First Episode with Brian Coffman, Former CEO of Motiva, Features Refining Discussion Based on Over 40-Years of Industry Expertise

Program Accessible on Apple, Spotify, YouTube and More

Visit

Streamline66.com

to Learn About Elliott’s Campaign at Phillips 66
and Subscribe to the New Podcast


WEST PALM BEACH, Fla.
, April 8, 2025 /PRNewswire/ — Elliott Investment Management L.P. (“Elliott”), which manages funds that together make it a top five shareholder in Phillips 66 (NYSE: PSX) (the “Company” or “Phillips”), today announced the launch of the Streamline 66 Podcast, a new series that will feature 1:1 conversations with Elliott’s highly qualified director nominees (“Nominees” or “Nominee”), as well as industry experts. Episodes can be accessed on Streamline66.com, and are available on Apple, Spotify and everywhere podcasts are heard. You can not only listen to the conversations on all major podcast feeds, but you can also watch the episodes on YouTube.

Last week, Elliott filed definitive proxy materials in connection with Phillips’ Annual Meeting of Stockholders (the “Annual Meeting”), seeking the election of four best-in-class nominees to serve on the Company’s Board of Directors (the “Board”). Today’s launch of an innovative new podcast series will offer shareholders an opportunity to learn more about these uniquely qualified nominees and Elliott’s case for change at Phillips.

The first episode features Nominee Brian Coffman, a seasoned operator who spent much of his career running Phillips’ current refining assets while they were part of ConocoPhillips. After three decades at ConocoPhillips, he became the executive in charge of refining for Andeavor, leading the operations of ten refineries throughout the United States, as well as the President and CEO of Motiva, one of North America’s largest refiners. Brian Coffman said:

  • “I’ve heard it said that there’s a belief that maybe the assets are old and tired. And I don’t buy that argument. Phillips 66 refineries are every bit as good as [those of its peers], Valero, Marathon refineries.

  • “We see a lot of potential in Phillips 66. … So the message would be [to employees], be optimistic, be positive. I think what we’re looking at is restoring the operating excellence that Phillips 66 has been known for historically.”

  • “The opportunity to join the [Phillips 66] Board after starting as an associate analyst in 1983 really excites me because I would like to be a part of unlocking the tremendous value that exists at Phillips 66 and restoring the performance of that refining company to what it has been historically.”

Listeners can access the Streamline 66 Podcast on Streamline66.com/podcast, with episodes available now on Apple, Spotify, YouTube, and where podcasts are heard.

For more information, including how to vote on Elliott’s GOLD proxy card, please visit Streamline66.com.

ADDITIONAL INFORMATION

Elliott Investment Management L.P., together with the other participants in Elliott’s proxy solicitation (collectively, “Elliott”), has filed a definitive proxy statement and accompanying GOLD universal proxy card with the Securities and Exchange Commission (“SEC”) to be used to solicit proxies with respect to the election of Elliott’s slate of highly qualified director candidates and the other proposals to be presented at the 2025 annual meeting of stockholders (the “Annual Meeting”) of Phillips 66, a Delaware corporation (“Phillips” or the “Company”). Stockholders are advised to read the proxy statement and any other documents related to the solicitation of stockholders of the Company in connection with the Annual Meeting because they contain important information, including information relating to the participants in Elliott’s proxy solicitation. These materials and other materials filed by Elliott with the SEC in connection with the solicitation of proxies are available at no charge on the SEC’s website at http://www.sec.gov. The definitive proxy statement and other relevant documents filed by Elliott with the SEC are also available, without charge, by directing a request to Elliott’s proxy solicitor, Okapi Partners LLC, at its toll-free number (877) 629-6357 or via email at [email protected].

About Elliott

Elliott Investment Management L.P. (together with its affiliates, “Elliott”) manages approximately $72.7 billion of assets as of December 31, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. 

Media Contact:

Casey Friedman                                           

Elliott Investment Management L.P.
(212) 478-1780                       
[email protected]

Investor Contact:

Bruce Goldfarb / Pat McHugh
Okapi Partners LLC
(877) 629-6357
(212) 297-0720
[email protected]

 

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SOURCE Elliott Investment Management L.P.