TeraWulf Announces Full Deployment of 50 MW at the Nautilus Bitcoin Mining Facility Ahead of Schedule

TeraWulf Announces Full Deployment of 50 MW at the Nautilus Bitcoin Mining Facility Ahead of Schedule

  • First behind-the-meter Bitcoin mining facility powered by 100% nuclear power in the U.S.
  • TeraWulf benefits from a fixed power cost of only $0.02 per kilowatt hour for a term of five years at the Nautilus facility
  • Company remains on target to deliver 5.5 EH/s (50,000 miners, 160 MW) across its two sites in Q2’23

EASTON, Md.–(BUSINESS WIRE)–
TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), owners and operators of vertically integrated, domestic Bitcoin mining facilities powered by more than 91% zero-carbon energy, today announced that the Company has now fully energized its 50-MW stake in the Nautilus Cryptomine facility, a joint venture with Cumulus Coin, LLC.

The Nautilus facility represents the first behind-the-meter Bitcoin mining facility of its kind, directly sourcing reliable, carbon-free, 24×7 baseload power from the 2.5 GW Susquehanna nuclear generation station in Pennsylvania. The Company successfully deployed its full share in phase one of the facility – 50 MW and 1.9 EH/s – ahead of schedule. TeraWulf has the option to add an additional 50 MW of mining capacity at the Nautilus facility, which the Company plans to deploy in future phases.

With TeraWulf’s stake in the Nautilus facility now fully ramped to 50 MW, the Company currently has an operating hashrate of 4 EH/s, reflecting a nearly 100% increase year to date. TeraWulf has an operational fleet of approximately 34,500 of the latest generation miners, comprised of 18,500 miners at its wholly owned Lake Mariner facility in New York (5,000 of which are hosted) and 16,000 self-miners at the nuclear-powered Nautilus facility in Pennsylvania.

“Our team has been working swiftly and diligently to achieve our stated goal of reaching 5.5 EH/s of operational mining capacity in Q2 2023,” said Paul Prager, Chairman and CEO of TeraWulf. “Deploying 50 MW of mining capacity at the Nautilus facility is an important milestone for the Company. Not only does it represent the first nuclear-powered Bitcoin mining facility in the U.S., but TeraWulf now has the opportunity to realize the economic advantage of 50 MW of zero-carbon mining at what is arguably the lowest contracted power cost in the sector – just $0.02/kWh for a term of five years,” continued Prager.

In addition to the 50 MW of self-mining capacity online now at Nautilus, TeraWulf currently has 60 MW operational at Lake Mariner and is in final stages of construction on Building 2, which will increase Lake Mariner’s operational capacity to over 110 MW in the coming weeks. Combined, the Company expects to have a total operational capacity of 50,000 miners (5.5 EH/s) in Q2 2023, representing approximately 160 MW of power demand.

About TeraWulf

TeraWulf (Nasdaq: WULF) owns and operates vertically integrated, environmentally clean Bitcoin mining facilities in the United States. Led by an experienced group of energy entrepreneurs, the Company currently has two Bitcoin mining facilities: the wholly owned Lake Mariner facility in New York, and the Nautilus Cryptomine facility in Pennsylvania, a joint venture with Cumulus Coin, LLC. TeraWulf generates domestically produced Bitcoin powered by nuclear, hydro, and solar energy with a goal of utilizing 100% zero-carbon energy. With a core focus on ESG that ties directly to its business success, TeraWulf expects to offer attractive mining economics at an industrial scale.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) conditions in the cryptocurrency mining industry, including fluctuation in the market pricing of Bitcoin and other cryptocurrencies, and the economics of cryptocurrency mining, including as to variables or factors affecting the cost, efficiency and profitability of cryptocurrency mining; (2) competition among the various providers of cryptocurrency mining services; (3) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining; (4) the ability to implement certain business objectives and to timely and cost-effectively execute integrated projects; (5) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to growth strategies or operations; (6) loss of public confidence in Bitcoin or other cryptocurrencies and the potential for cryptocurrency market manipulation; (7) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (8) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of TeraWulf, including mining equipment and infrastructure equipment meeting the technical or other specifications required to achieve its growth strategy; (9) employment workforce factors, including the loss of key employees; (10) litigation relating to TeraWulf, RM 101 f/k/a IKONICS Corporation and/or the business combination; and (11) other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s filings with the SEC, which are available at www.sec.gov.

Investor Relations Contact:

Jason Assad

[email protected]

Media Contact:

Chloe Turnbull

[email protected]

KEYWORDS: Maryland United States North America

INDUSTRY KEYWORDS: Technology Payments Other Technology Electronic Commerce Professional Services Digital Cash Management/Digital Assets Energy Nuclear Cryptocurrency Environmental, Social and Governance (ESG)

MEDIA:

Logo
Logo

Cameco Signs Nuclear Fuel Agreement to Support Bulgaria’s Diversification Efforts

Cameco Signs Nuclear Fuel Agreement to Support Bulgaria’s Diversification Efforts

SASKATOON, Saskatchewan–(BUSINESS WIRE)–Cameco (TSX: CCO; NYSE: CCJ) has signed a 10-year supply contract to provide sufficient volumes of natural uranium hexafluoride, or UF6 (consisting of uranium and conversion services), to meet the full requirements of the Kozloduy 5 Reactor at the Kozloduy Nuclear Power Plant, the only nuclear generating station in the Republic of Bulgaria.

“This is Cameco’s first agreement to supply fuel for Bulgaria’s nuclear energy sector,” said Cameco’s president and CEO Tim Gitzel. “We are very pleased to add another market to Cameco’s global commercial portfolio and to expand our contributions to countries like Bulgaria that are seeking to enhance their energy security while affirming their commitment to carbon-free nuclear power in achieving their climate goals.”

The agreement, running through 2033, will see Cameco deliver a total of approximately 2.2 million KgU as UF6 (the equivalent of about 5.7 million pounds of uranium concentrate, or U3O8).

Nuclear power accounts for more than one-third of Bulgaria’s electricity supply. Kozloduy 5 is one of two reactors operating in the country.

Profile

Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate safe, reliable, carbon-free nuclear power. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

Investor inquiries:

Rachelle Girard

306-956-6403

[email protected]

Media inquiries:

Veronica Baker

306-385-5541

[email protected]

KEYWORDS: Europe Bulgaria North America Canada

INDUSTRY KEYWORDS: Nuclear Energy

MEDIA:

Logo
Logo

Ramaco Resources Inc. Continues Exemplary Safety Record, Receives Awards for Operational Safety by West Virginia Coal Association and State Agencies

Ramaco Resources Inc. Continues Exemplary Safety Record, Receives Awards for Operational Safety by West Virginia Coal Association and State Agencies

CHARLESTON, W. Va.–(BUSINESS WIRE)–
In recognition of the company’s exemplary mine safety performance, this week Ramaco Resources, Inc. (NASDAQ: METC) received five separate Mountaineer Guardian Awards from the West Virginia Coal Association and the West Virginia Office of Miner’s Health, Safety, & Training, honoring Ramaco’s operations throughout the state.

Separately, Ramaco was also recognized by the West Virginia Department of Environmental Protection, Mining and Reclamation Division. That department honored the company’s Ram #1 Surface Mine with an Exemplary Reclamation Techniques Surface Mine South Award.

This follows Ramaco’s 2022 recognition as a Sentinel of Safety from the National Mining Association and the U.S. National Institute of Occupational Safety and Health — the nation’s highest award for operational safety — along with several other industry recognitions.

The Ramaco operations receiving the Mountaineer Guardian Award for 2022 were:

  • Michael Powellton Deep Mine

  • No. 2 Gas Mine

  • Berwind Preparation Plant

  • Elk Creek Preparation Plant

  • Crucible Deep Mine

“At all our operations, the safety of our employees is everyone’s top priority and concern,” said Chris Blanchard, Chief Operations Officer for Ramaco. “We’ve purposefully built an environment in which all employees can perform at the highest levels, with the assurance that Ramaco supports them every step of the way. We are particularly proud of the accomplishment and extra recognition that our teams at these West Virginia operations have received. This truly reflects their efforts every day to create a zero-accident environment.”

In addition to six earlier Mountaineer Guardian Awards and the previous Sentinels of Safety Award, Ramaco Vice President of Safety Brad Justice was named Safety Leader of the Year by the West Virginia Coal Association in 2021.

About Ramaco Resources, Inc.

Ramaco Resources, Inc. (Resources) is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has three active mining complexes in Central Appalachia. Ramaco Carbon (Carbon) is also owned by Resources and has its headquarters and a development mine near Sheridan, Wyoming. Contiguous to the Wyoming mine Carbon operates a research and pilot facility called the iCAM related to the production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of roughly 50 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks. Ramaco Carbon has also been involved in the exploration of critical minerals from coal and related formations. For more information, please visit our website at www.ramacoresources.com.

[email protected]

KEYWORDS: West Virginia United States North America

INDUSTRY KEYWORDS: Coal Energy Natural Resources Mining/Minerals

MEDIA:

Logo
Logo

Hyatt Regency Mexico City Insurgentes Announces Official Opening

Hyatt Regency Mexico City Insurgentes Announces Official Opening

Located across from the World Trade Center and Convention Center and Pepsi Center WTC, the modern 201-room hotel is conveniently located on the iconic Insurgentes Sur avenue, offering guests the perfect combination of contemporary and functional accommodations

CHICAGO–(BUSINESS WIRE)–Hyatt Hotels Corporation (NYSE: H) today announced the official opening of Hyatt Regency Mexico City Insurgentes, offering domestic and international travelers a modern hotel experience in one of Mexico City’s main business districts, Colonia del Valle. The opening marks the sixth Hyatt Regency branded hotel in Mexico and the second in Mexico City, alongside Hyatt Regency Mexico City, further demonstrating Hyatt’s intentional strategy for growing its brands in the region. The hotel is housed within an exclusive mixed-use development complex, offering gourmet dining options, energizing meeting and events spaces for groups of any size and a seamless experience on one of the most important streets in the city with parks, plazas, historical attractions and businesses throughout.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230420005742/en/

Hyatt Regency Mexico City Insurgentes King Guestroom. (Photo: Business Wire)

Hyatt Regency Mexico City Insurgentes King Guestroom. (Photo: Business Wire)

“This new hotel represents a unique, new build project in the heart of the southern financial district of Mexico City with 24 floors, three curated food and beverage outlets, and contemporary guestrooms equipped for business and leisure travelers,” said Francisco Medina, CEO of the hotel’s ownership group, Grupo Hotelero Santa Fe. “It has been a pleasure working with Hyatt on yet another spectacular project, and we look forward to what’s ahead in the growing region.”

Hyatt Regency Mexico City Insurgentes is the ideal hub for business and leisure travelers in the south of Mexico City. All the hotel’s spaces are designed with productivity in mind conveniently located next to the World Trade Center Mexico City (WTC), which is home to the city’s convention center and Pepsi Center, and near the vibrant Condesa and Coyoacan neighborhoods. Guests are also a short distance away from the main business districts like Reforma and Polanco as well as less than seven miles away from Mexico City International Airport.

“We’re excited to debut Hyatt Regency Mexico City Insurgentes just steps from Mexico City’s World Trade Center on one of the most prominent and longest avenues in the capital city of Mexico”, said General Manager, Carlo Bava. “Our prime location provides guests access to a thriving business hub just outside our doorstep. We look forward to offering guests, customers and World of Hyatt members the tools they need to stay connected and energized for a stress-free experience.”

Accommodations

Hyatt Regency Mexico City Insurgentes features 201 spacious guestrooms and suites with floor to ceiling windows, offering the perfect combination of contemporary and functional room designs. Guestrooms and suites offer ample spaces with beautiful natural light, modern furnishings, multi-functional seating and work desk areas, complimentary Wi-Fi and digital room key entry via the World of Hyatt app. Additionally, eight guestrooms and suites offer spacious outdoor terraces that overlook the Del Valle neighborhood. The hotel also offers a 24-hour fitness center fully equipped with cardio and free weight equipment available for guests as well as two spa rooms available for massages. Regency Club suites provide exclusive access to the Regency Club Lounge on the 14th floor along with complimentary services, such as shoeshining and ironing. The La Marcha de la Humanidad mural on the façade of the historic Polyforum Siqueiros, decorated by David Alfaro Siqueiros, is the largest mural work in Mexico and served as inspiration for the hotel’s interior decor.

Authentic Culinary Experiences

Three dining venues on property provide guests with Mexican specialties and seasonal flavors, offering a wide variety of options for all to enjoy. Muralis Restaurant offers authentic Mexican cuisine served in a warm and festive atmosphere under the innovative vision of an experienced culinary team, led by Daniel Silva, Executive Chef of Hyatt Regency Mexico City Insurgentes. At Elements Bar & Lounge, the hotel’s lobby dining experience, guests can enjoy views of the city while embarking on a curated agave journey accompanied by urban Mexican snacks, such as short rib taco and octopus “dobladitas”. 7.24 Sky offers a modern atmosphere on the third-floor open air terrace with a bubbles-centric beverage program featuring a variety of prosecco’s and champagnes, a selection of international gourmet bites and shared plates. Additionally, the hotel will offer daily in-room dining for guests.

Event Spaces

Hyatt Regency Mexico City Insurgentes has event space spanning 4,628 square feet (460 square meters), fit to accommodate events of any kind and seven multi-functional meeting rooms that can host 20 to 220 guests. Don Gabriel ballroom is perfect for a memorable business conference or social event and the Insurgentes Ballroom offers natural light with floor to ceiling windows and a special view of Polyforum Siqueiros.

For more information or to book a reservation, please visit www.hyattregencymexicocityinsurgentes.com or follow the hotel on Instagram @hyattregencyinsurgentes.

About Hyatt Regency

The Hyatt Regency brand prides itself on making travel free from stress and filled with success. More than 220 conveniently located Hyatt Regency urban and resort locations in more than 45 countries around the world serve as the go-to gathering space for every occasion – from efficient personalized, high-touch business meetings to energizing family vacations. The brand offers stress-free environments for seamless gatherings and empathetic service that anticipates guests’ needs. Designed for productivity and peace of mind, Hyatt Regency hotels and resorts offer a full range of services and amenities, including the space to work, engage or relax; notable culinary experiences; technology-enabled ways to collaborate; and expert meeting and event planners who can take care of every detail. For more information, please visit hyattregency.com. Follow @HyattRegency on Facebook, Twitter and Instagram, and tag photos with #HyattRegency.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of December 31, 2022, the Company’s portfolio included more than 1,250 hotels and all-inclusive properties in 75 countries across six continents. The Company’s offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Residence Club®, Hyatt Place®, Hyatt House®, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Hyatt Centric®, and Caption by Hyatt®; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt®, and JdV by Hyatt®; and the Inclusive Collection, including Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

About Grupo Hotelero Santa Fe

Grupo Hotelero Santa Fe is a leading company within the hotel industry in Mexico, dedicated to the acquisition, conversion, development, and operation of our hotel chains, as well as hotels owned by third parties. Our company focuses on the strategic location and quality of our properties, with a unique management model, strict cost controls and the use of the Krystal® brand, as well as other international hospitality labels. At year-end 2020, it had more than 2,800 employees and generated revenues of 1,071 million (MXN). For more information, please visit www.gsf-hotels.com.

Bianca Flores

Hyatt

[email protected]

Mauricio Cravioto

Image Director

Grupo Hotelero Santa Fe

[email protected]

KEYWORDS: Illinois Mexico United States Central America North America

INDUSTRY KEYWORDS: Women Men Family Other Travel Consumer Lodging Vacation Destinations Tourist Attractions Travel

MEDIA:

Logo
Logo
Photo
Photo
Hyatt Regency Mexico City Insurgentes King Guestroom. (Photo: Business Wire)
Photo
Photo
Hyatt Regency Mexico City Insurgentes Double King Guestroom. (Photo: Business Wire)

AvalonBay Communities, Inc.’s Customer Care Center Provides Back-Office Services to Gables Residential

AvalonBay Communities, Inc.’s Customer Care Center Provides Back-Office Services to Gables Residential

ARLINGTON, Va.–(BUSINESS WIRE)–AVALONBAY COMMUNITIES, INC. (NYSE: AVB) and Gables Residential announced today that they have entered into a third-party servicing agreement for AvalonBay’s centralized service center to provide comprehensive back-office, financial administrative support services to Gables Residential. Under this agreement, AvalonBay’s Customer Care Center will service the entire Gables Residential portfolio of over 25,000 apartment homes, located in ten states and the District of Columbia, with a complement of functions that include customer service and account inquiry support, billing, delinquency notification, legal and eviction support and payment and security deposit processing.

AvalonBay opened its Customer Care Center, located in Virginia Beach, VA, in 2007 as a separate business unit from residential operations – one of the first centralized service centers in the multi-family industry – to provide enhanced customer service to its residents more effectively and at a lower operating cost. “We are excited to extend our capabilities at our Customer Care Center to support the Gables portfolio, leveraging the investments we have made in our centralized infrastructure, as well as creating a new revenue source for AvalonBay. Over the last 15 years, our Customer Care Center has demonstrated its ability to create efficiencies and deliver excellent customer service that can now benefit others and create more value for AvalonBay,” said Benjamin Schall, CEO of AvalonBay.

Over the last several years, Gables Residential has focused on efforts to centralize administrative functions across its portfolio to maximize efficiencies, enhance value for its investors, and provide excellent service to its customers. “The new centralized service opportunity with AvalonBay’s Customer Care Center furthers Gables’ strategy in which our business model reflects greater customer service demands and those of a changing industry. Gables believes that the AvalonBay Customer Care Center understands and will maintain the level of service we expect to provide to our customers,” shared Sue Ansel, Gables Residential, CEO.

While the AvalonBay Customer Care Center will provide support services to the Gables Residential portfolio, each portfolio, and all business and operational decisions related to each portfolio, will continue to be managed separately.

About AvalonBay Communities, Inc.

As of December 31, 2022, the Company owned or held a direct or indirect ownership interest in 294 apartment communities containing 88,475 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company’s expansion markets of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. More information may be found on the Company’s website at http://www.avalonbay.com.

About Gables Residential

Gables Residential is an award-winning, vertically integrated, real estate company and privately held REIT specializing in the development, construction, ownership, acquisition, financing, and management of multifamily and mixed-use communities. Gables Residential owns, develops, and manages communities in high-growth U.S. markets such as Atlanta, Austin, Boston, Dallas, Denver, Houston, Seattle, South Florida, Southern California and metropolitan Washington, D.C. Gables also provides third party management services in the Baltimore, Frederick, Tampa, Phoenix, Seattle, Central and North Florida markets.

Gables manages over 25,000 apartment homes and has received national recognition for excellence in development, construction, management, sales, marketing, training, and benefits. These achievements reflect the impact of Gables’ experienced and dedicated team members, its superior knowledge of the markets served, and its expertise in development and management. For additional information about the company and its real estate portfolio and services, visit http://www.gables.com.

Jason Reilley

Vice President

Investor Relations

AvalonBay Communities, Inc.

703-317-4681

Gigi Giannoni

Senior Vice President

Marketing and Customer Experience

Gables Residential

404-923-5569

 

KEYWORDS: District of Columbia Virginia United States North America

INDUSTRY KEYWORDS: Residential Building & Real Estate Banking Commercial Building & Real Estate Accounting Construction & Property REIT Professional Services Building Systems Other Professional Services Other Construction & Property Finance

MEDIA:

Performance Food Group Company Releases 2022 Environmental, Social and Governance Report

Performance Food Group Company Releases 2022 Environmental, Social and Governance Report

Company highlights progress and introduces new ESG goals

RICHMOND, Va.–(BUSINESS WIRE)–Performance Food Group Company (PFG) (NYSE: PFGC) recently released its 2022 Environmental, Social and Governance (ESG) report. The annual report highlights the company’s progress towards its ESG goals that focus on areas important to the business and its stakeholders.

Highlights of PFG’s 2022 ESG report include progress made on the company’s ESG goals previously shared in the 2021 ESG report:

“It’s exciting to see that we furthered our progress and commitment towards achieving the ESG goals we initially shared in 2021,” said Craig Hoskins, PFG President & Chief Operating Officer. “We understand that our continued success as an industry leader depends on being good stewards of the environment and supporting our communities. Our ESG strategies and positive results are a significant step toward creating meaningful change and will help guide us as we make a tangible difference in the communities where we live and work.”

For more details on PFG’s ESG efforts and progress made toward its 2030 goals, please view the 2022 ESG Report, which is posted on the company’s website under the Corporate Responsibility section of www.pfgc.com.

About Performance Food Group Company

Performance Food Group is an industry leader and one of the largest food and foodservice distribution companies in North America with more than 150 locations. Founded and headquartered in Richmond, Va., PFG, and our family of companies, market and deliver quality food and related products to 300,000+ locations including independent and chain restaurants; businesses, schools and healthcare facilities; vending and office coffee service distributors; and big box retailers, theaters and convenience stores. PFG’s success as a Fortune 200 company is achieved through our more than 35,000 dedicated associates committed to building strong relationships with the valued customers, suppliers and communities we serve. To learn more about PFG, please visit www.pfgc.com.

Investors:

Bill Marshall

VP, Investor Relations

(804) 287-8108

[email protected]

Media:

Scott Golden

Director, Communications & Engagement

(804) 484-7873

[email protected]

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Supply Chain Management Professional Services Trucking Food/Beverage Environmental, Social and Governance (ESG) Delivery Services Transport Green Technology Retail Environment Sustainability

MEDIA:

Logo
Logo

Digital Advertising Industry Veteran Joins DoubleVerify to Spearhead Attention Division’s Expansion

Digital Advertising Industry Veteran Joins DoubleVerify to Spearhead Attention Division’s Expansion

Daniel Slotwiner will lead all attention efforts at DV, from product innovation to commercialization and the development of industry research and performance insights

NEW YORK–(BUSINESS WIRE)–DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced the appointment of Daniel Slotwiner to Senior Vice President of Attention. In this role, Slotwiner will oversee all attention initiatives at DV including product innovation, go-to-market strategy and commercialization activities, as well as the development of attention-based industry research and campaign performance insights and recommendations.

“As advertisers face economic uncertainty, the need to understand and improve media outcomes is essential,” said Mark Zagorski, CEO, DoubleVerify. “That’s why some of the world’s largest brands are using DV’s MRC-accredited Authentic Attention solution to measure and optimize campaign performance. The appointment of Daniel as head of attention further solidifies our commitment to helping our clients leverage attention to improve media outcomes. Daniel brings over two decades of experience in performance measurement and ad effectiveness that has helped hundreds of the world’s top brands drive bottom-line results.”

As the Director of Advertising Research at Facebook for ten years, Slotwiner led a team in evaluating ad effectiveness and improving performance for advertisers. Previously, at Google, he focused on competitive research and panel-based measurement solutions. Most recently, Slotwiner served as VP of Measurement, Insights, and Product Marketing Manager at GoPuff, helping the company activate its data for its retail media business.

“DoubleVerify is ubiquitous in the advertising ecosystem and is well-positioned to drive actionable, attention-based measurement,” said Slotwiner. “I am excited to take DV’s Attention solutions to the next level and help drive campaign performance for brands and agencies, while being part of a dynamic and growing team at DV.”

Traditional KPIs like viewability and clicks fail to determine an ad’s impact on viewers, while regulatory changes and the deprecation of personal identifiers are challenging existing audience targeting methods. To address these issues, advertisers are turning to attention metrics as a means to gauge ad presentation, user engagement and campaign performance.

In his new role, Daniel will also lead the DV Attention Lab™ – a multidisciplinary team consisting of data scientists, product experts, and marketing analysts tasked with providing advertisers with sophisticated, attention-based insights and recommendations on campaign performance, and promulgating industry benchmark reports, best practice guides, illustrative case studies, and more.

“We launched the DV Attention Lab™ with the goal of helping advertisers unlock actionable attention data to maximize campaign performance,” Zagorsk continued. “Daniel is also well positioned to lead the DV Attention Lab™ and develop attention-based measurement insights and research to inform campaign optimization strategies for the global brands DV serves.”

DV Attention Lab™ launched in October of 2022 and is powered by DV Authentic Attention – an MRC-accredited, performance solution that analyzes over 50 data points on a digital ad’s exposure and the consumer’s engagement with a digital ad and device – in real time. DV Authentic Attention assesses an ad’s entire presentation for exposure, quantifying its intensity and prominence through metrics like viewable time, share of screen, video presentation, audibility, and more. For engagement, DV Authentic Attention examines key user-initiated events that occur while the ad creative is displayed, including user touches, screen orientation, video playback, and audio control interactions.

For more information about DoubleVerify, contact [email protected].

About DoubleVerify

DoubleVerify (“DV”) (NYSE: DV) is a leading software platform for digital media measurement and analytics. Our mission is to make the digital advertising ecosystem stronger, safer and more secure, thereby preserving the fair value exchange between buyers and sellers of digital media. Hundreds of Fortune 500 advertisers employ our unbiased data and analytics to drive campaign quality and effectiveness, and to maximize return on their digital advertising investments – globally. Learn more at www.doubleverify.com.

Media Contact

Chris Harihar

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Technology Security Communications Professional Services Software Internet Digital Marketing Data Analytics Data Management

MEDIA:

Fulton Bank Launches Diverse Business Banking Program

Fulton Bank Launches Diverse Business Banking Program

Initiative designed to meet the unique needs of minority, women, veteran and LGBTQ business owners

LANCASTER, Pa.–(BUSINESS WIRE)–
Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has launched a Diverse Business Banking program designed to meet the unique needs of minority, women, veteran and LGBTQ business owners.

“This program advances our purpose to change lives for the better,” said Fulton Financial Chairman, President and CEO Curtis J. Myers. “We are committed to making financing and banking products more accessible to groups that, historically, have been underserved.”

The cornerstone of the program is Fulton Bank’s Diverse Business Advocates, bankers who have earned a special certification and can provide one-on-one mentorship, educational resources, and custom solutions to meet the needs of diverse business owners.

Products and services available through the program include:

  • Flexible approval criteria for loans and lines of credit

  • Business banking product bundles

  • SBA (Small Business Administration) products

  • Merchant services

  • Payroll and cash management services 

“We’re building on the work Fulton Bank has long done as a trusted advisor for our customers,” said Joel Barnett, Director of Commercial Affinity Banking. “In addition to serving diverse businesses, we want to strengthen relationships with community organizations so we can connect diverse businesses with the network and resources they need to succeed.”

More information – including links to educational resources and networking opportunities – is available on Fulton Bank’s Diverse Business Banking website.

About Fulton Bank, N.A.

Headquartered in Lancaster, Pa., Fulton Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Fulton Financial Corporation, a $27 billion financial services holding company, Fulton Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Fulton Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,300 employees to do the same. Through the Fulton Forward® initiative, we’re helping build vibrant communities. Learn more at www.FultonBank.com. Fulton Bank, N.A., Member FDIC. Equal Housing Lender.

Steve Trapnell

717-291-2739

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Logo
Logo

IDACORP Schedules First Quarter 2023 Earnings Release & Conference Call

IDACORP Schedules First Quarter 2023 Earnings Release & Conference Call

BOISE, Idaho–(BUSINESS WIRE)–
IDACORP, Inc. (NYSE:IDA) will report its first quarter results on Thursday, May 4, in a news release before the stock markets open. The company will hold an analyst conference call that day at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) to discuss the first quarter 2023 earnings.

All parties interested in listening may do so through a live Webcast or by calling (855) 761-5600 for listen-only mode. The passcode for the call is 3990987. The conference call logistics are posted on the company’s Website (www.idacorpinc.com) and will be included in the company’s earnings news release. Slides will be included during the conference call. To access the slide deck, register for the event just prior to the call at https://www.idacorpinc.com/investor-relations/earnings-center/default.aspx. A replay of the conference call will be available on the company’s website for a period of 12 months and will be available shortly after the call.

IDACORP, Inc., Boise, Idaho-based and formed in 1998, is a holding company comprised of Idaho Power Company, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978. Idaho Power began operations in 1916 and employs approximately 2,000 people to serve a 24,000 square-mile service area in southern Idaho and eastern Oregon. Idaho Power’s goal of 100% clean energy by 2045 builds on its long history as a clean-energy leader providing reliable service at affordable prices. With 17 low-cost hydropower projects at the core of its diverse energy mix, Idaho Power’s more than 610,000 residential, business, and agricultural customers pay among the nation’s lowest prices for electricity. To learn more about IDACORP or Idaho Power, visit www.idacorpinc.com or www.idahopower.com.

Justin S. Forsberg

Director of Investor Relations & Treasury

Phone: (208) 388-2728

[email protected]

KEYWORDS: Idaho United States North America

INDUSTRY KEYWORDS: Professional Services Utilities Alternative Energy Energy Finance Construction & Property REIT

MEDIA:

Logo
Logo

Aerojet Rocketdyne to Provide Additional Armor-Piercing Components for M1 Abrams Main Battle Tank Rounds

JONESBOROUGH, Tenn., April 20, 2023 (GLOBE NEWSWIRE) — Aerojet Rocketdyne’s specialty metal provider Aerojet Ordnance Tennessee (AOT) has been awarded a multi-year Indefinite Delivery Indefinite Quantity contract worth up to $75 million by the Army’s Project Manager for Maneuver Ammunitions Systems to provide M829A4 120mm Kinetic Energy round components. The M829A4 is an Armor-Piercing, Fin-Stabilized, Discarding-Sabot, Tracer round fired from the U.S. Army’s M1 Abrams Main Battle Tank.

“We are pleased to continue supporting the Army with the cutting-edge, armor-piercing technology that protects our forces and keeps our adversaries on the defensive,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “In terms of precision and lethality, the M829A4 tank round is second to none, which is what our brave men and women in uniform deserve.”

Aerojet Rocketdyne has provided these armor-piercing components since the introduction of the M1 Abrams Main Battle Tank.

The M829A4 is the newest design of the U.S. Army’s Kinetic Energy tank round and the 5th generation of technology for kinetic energy projectile design. The round is proven to have outstanding accuracy and lethality.

About Aerojet Rocketdyne: Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers. For more information, visit www.Rocket.com and www.AerojetRocketdyne.com. Follow Aerojet Rocketdyne and CEO Eileen Drake on Twitter at @AerojetRdyne and @DrakeEileen.

Media Contact:

Eileen Lainez, Aerojet Rocketdyne, 571-239-7839
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fca91346-6b3a-4cbb-add2-34b99d707d90