Capri Holdings Announces That Versace, Jimmy Choo and Michael Kors Will Donate Product to Victims of the Ukraine War

Capri Holdings Announces That Versace, Jimmy Choo and Michael Kors Will Donate Product to Victims of the Ukraine War

LONDON–(BUSINESS WIRE)–
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that it will be donating over €1 million in essential clothing (coats, sweaters and shoes) from Versace, Jimmy Choo and Michael Kors through the company’s distribution center located in Venlo, Netherlands, to aid those displaced by the ongoing war in Ukraine.

To execute this initiative, Capri Holdings is utilizing the collection points created by Venlo Helps Ukraine, a local initiative created to organize the collection of clothing, medical goods, non-perishable food and other essential items for distribution within Poland and the Ukraine border.

After being transported to Warsaw at no cost by Rutilli, a transportation and logistics company that has joined the cause, the donated products will be distributed through A Shop Without Cash Registers, an organization located in Brwinów, Poland. The organization has set up a location in donated space at the Galeria Brwinów Shopping Center, where the products and clothing are displayed in a store-like environment, making it more convenient for refugees to find the items they need.

About Capri Holdings Limited

Capri Holdings Limited is a global fashion luxury group, consisting of iconic brands, Versace, Jimmy Choo and Michael Kors, that are industry leaders in design, style and craftsmanship. Its brands cover the full spectrum of fashion luxury categories including women’s and men’s accessories, footwear and ready-to-wear as well as wearable technology, watches, jewelry, eyewear and a full line of fragrance products. The Company’s goal is to continue to extend the global reach of its brands while ensuring that they maintain their independence and exclusive DNA. Capri Holdings Limited is publicly listed on the New York Stock Exchange under the ticker CPRI.

About Venlo Helps Ukraine

Venlo Helps Ukraine collects a variety of goods—including clothing, medical supplies, non-perishable food, survival gear and monetary donations—to then deliver them within Poland and near the Ukraine border. They are also organizing housing for refugees in Poland and transporting refugees from the Ukraine border into Poland, all supported by volunteers and volunteer transport.

About Rutilli

Autotrasporti Rutilli Adolfo S.r.l. is a transport and logistic company based in Italy that has been operating for over thirty years in the fashion supply chain. “Work smart, making the difference” is our philosophy. Transport and logistics for Rutilli mean connection and sharing of values. Rutilli is committed every day to create relationships, reducing distances to link people and goods throughout Europe.

About A Shop Without Cash Registers

Providing clothing and goods for free to those seeking refuge from Ukraine, A Shop Without Cash Registers was founded by two women from their own homes in Poland who wanted to find their own way to support those in need. As the operation grew, the Galeria Brwinów Shopping Center provided the initiative with space rent-free to continue their work organizing the products and placing them on hangers to provide a more comfortable and convenient way for the refugees to find the items they most needed. The organization has since expanded to a second location that is geared towards legal aid, providing help with applying for insurance, temporary job services, childcare and more.

Forward-Looking Statements

This press release contains statements which are, or may be deemed to be, “forward-looking statements.” Forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and projections of the management of Capri Holdings Limited (the “Company”) about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. All statements other than statements of historical facts included herein, may be forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “plans”, “believes”, “expects”, “intends”, “will”, “should”, “could”, “would”, “may”, “anticipates”, “might” or similar words or phrases, are forward-looking statements. These forward-looking statements are not guarantees of future financial performance. Such forward-looking statements involve known and unknown risks and uncertainties that could significantly affect expected results and are based on certain key assumptions, which could cause actual results to differ materially from those projected or implied in any forward-looking statements. These risks, uncertainties and other factors include the effect of the COVID-19 pandemic and its potential material and significant impact on the Company’s future financial and operational results if retail stores are forced to close again and the pandemic is prolonged, including that our estimates could materially differ if the severity of the COVID-19 situation worsens, or if there are further supply chain disruptions, including additional production delays and increased costs, the length and severity of such outbreak across the globe and the pace of recovery following the COVID-19 pandemic; levels of cash flow and future availability of credit; compliance with restrictive covenants under the Company’s credit agreement; the Company’s ability to integrate successfully and to achieve anticipated benefits of any acquisition and to successfully execute our growth strategies; the risk of disruptions to the Company’s businesses; risks associated with operating in international markets (including the impact of the Russia-Ukraine conflict) and our global sourcing activities; the risk of cybersecurity threats and privacy or data security breaches; the negative effects of events on the market price of the Company’s ordinary shares and its operating results; significant transaction costs; unknown liabilities; the risk of litigation and/or regulatory actions related to the Company’s businesses; fluctuations in demand for the Company’s products; levels of indebtedness (including the indebtedness incurred in connection with acquisitions); the timing and scope of future share buybacks, which may be made in open market or privately negotiated transactions, and are subject to market conditions, applicable legal requirements, trading restrictions under the Company’s insider trading policy and other relevant factors, and such share repurchases may be suspended or discontinued at any time; the level of other investing activities and uses of cash; changes in consumer traffic and retail trends; loss of market share and industry competition; fluctuations in the capital markets; fluctuations in interest and exchange rates; the occurrence of unforeseen epidemics and pandemics, disasters or catastrophes; political or economic instability in principal markets; adverse outcomes in litigation; and general, local and global economic, political, business and market conditions, as well as those risks set forth in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the fiscal year ended March 27, 2021 (File No. 001-35368). Any forward-looking statement in this press release speaks only as of the date made and the Company disclaims any obligation to update or revise any forward-looking or other statements contained herein other than in accordance with legal and regulatory obligations.

Investor Relations:

Jennifer Davis

+1 (201) 514-8234

[email protected]

Media:

Dinesh Kandiah

+1 (917) 934-2427

[email protected]

KEYWORDS: Europe United Kingdom Ukraine

INDUSTRY KEYWORDS: Fashion Luxury Other Philanthropy Retail Philanthropy

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Lisa Graham Promoted to Senior Vice President, Chief Financial Officer and Treasurer of ComEd

Lisa Graham Promoted to Senior Vice President, Chief Financial Officer and Treasurer of ComEd

CHICAGO–(BUSINESS WIRE)–
ComEd today announced Lisa Graham has been promoted to the company’s senior vice president, chief financial officer and treasurer, effective April 1. In this role, Graham, a 12-year veteran of the company, is responsible for all ComEd finance activities, including financial reporting and analysis, budgeting, business planning, financings, and risk management.

Graham succeeds Joe Trpik, who served as interim CFO following the appointment of Jeanne Jones to senior vice president of corporate finance for Exelon, ComEd’s parent company. Trpik was recently named Exelon’s senior vice president and corporate controller, replacing Fabian Souza, who decided to leave Exelon May 10 for an opportunity at Google.

“ComEd has been fortunate to have Joe’s talents these past six months. I appreciate his flexibility and I wish him continued success in his newest role,” said Gil Quiniones, CEO of ComEd. “I’m also excited to welcome Lisa, who is a proven leader with a wealth of experience in finance and corporate strategy. Her commitment to excellence and her stellar business acumen will help us continue to produce outstanding results for our company and the families and businesses we’re privileged to serve.”

Prior to today’s appointment, Graham served four years as treasurer at Exelon, leading a 30-person team responsible for capital markets activities, capital structure strategies, structured financings, rating agency relationships, treasury operations and cash management, and corporate insurance and risk retention programs. She also served as a corporate finance lead for the separation of Exelon’s power generation and competitive energy businesses that was finalized in February 2022.

Before that, Graham served two years as Exelon’s assistant treasurer, where she led a 20-person team focused on executing all aspects of corporate strategy and managing credit-rating agency relationships, as well as overseeing cash management and cash forecasting for Exelon and its other subsidiaries.

Prior to Exelon, Graham served as manager of financial planning and analysis for PepsiCo’s Quaker Food & Snacks division. Graham earned a bachelor’s degree in mathematical economics from Colgate University, and an MBA from Northwestern University’s Kellogg School of Management.

Graham’s promotion is the latest in a series of new executive leadership announcements. In January, Glenn Rippie was named senior vice president and general counsel and, in November 2021, ComEd named Gil QuinionesCEO of the company and Melissa Washington chief customer officer and senior vice president of customer operations.

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company with approximately 10 million electricity and natural gas customers – the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com and connect with the company on Facebook, Twitter, Instagram and YouTube.

ComEd Media Relations

312-394-3500

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Alternative Energy Energy Utilities

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Harris Williams Advises Kane Logistics on its Sale to ID Logistics

Harris Williams Advises Kane Logistics on its Sale to ID Logistics

RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Kane Logistics (Kane), a portfolio company of Harkness Capital Partners (Harkness), on its sale to ID Logistics. Kane is a value-added warehouse and distribution services provider whose solutions include contract packaging and assembly, fulfillment, and dedicated transportation. The transaction was led by Frank Mountcastle and Jonathan Meredith of the Harris Williams Transportation & Logistics (T&L) Group.

“Kane is a value-added warehouse and distribution third-party logistics provider that offers a compelling suite of supply chain solutions to large and mid-market companies in food and beverage, consumer products, and health and beauty, enabling efficient and effective distribution of goods throughout the United States,” said Frank Mountcastle, a managing director at Harris Williams. “We are thrilled that Kane has found a great partner in ID Logistics that not only shares in management’s strategic vision but can also accelerate Kane’s initiatives in key growth areas.”

“It was a pleasure to work with Kane and Harkness on this transaction,” added Jonathan Meredith, a director at Harris Williams. “Kane is a great example of why we believe the value-added warehouse and distribution sector continues to present a compelling investment opportunity as supply chains continue to evolve and e-commerce trends persist.”

Kane was founded in 1930 and provides third-party logistics services, including value-added warehousing and distribution and transportation management. Kane was a family-owned business prior to the Harkness investment. The Harkness team brought more than 20 years of industry experience in the third-party logistics industry to this investment, making major improvements in conjunction with the Kane team in specific areas but highlighted by improvements in people, processes, and practices.

As a key player in the value-added warehouse and distribution industry, Kane helps their customers efficiently distribute products throughout the United States. Kane’s logistics solutions provide value and expertise in execution coupled with the transparency of tier-one technology. Kane’s service offerings include value-added warehousing and distribution, transportation capabilities, contract packaging, and cross docking. Kane brings a long-standing expertise and exceptional customer service approach to the outsourcing logistics cases which are embodied in the Kane Code, which reflects the heritage of uncompromising excellence and personal attention to operational teams.

Harkness is a U.S.-based private equity investment firm focused on investments in service-oriented companies. The firm was founded by a group of experienced operators and investors with a long history of working together and building business service companies. Harkness is dedicated to ‘transformational’ investing and building long-term value in its portfolio companies. Harkness works in partnership with talented business owners and managers seeking to grow their companies by investing capital and committing operating resources to support rapidly growing companies across a variety of segments within business and outsourced services. Harkness looks for companies with EBITDA between $5 million to $30 million in areas including logistics/distribution, environment/health/safety (EH&S), specialty rental/infrastructure services, outsourced services, and test/inspection/certification/compliance (TICC). The Harkness team of investment professionals and operating executives has diverse backgrounds as business founders, builders, and leaders in services businesses.

ID Logistics, managed by Eric Hémar, is an international contract logistics group, with revenue of €1.91 billion ($2.18 billion) in 2021. ID Logistics manages 350 sites across 17 countries, representing nearly 7 million square meters of warehousing facilities in Europe, America, Asia and Africa, with 25,000 employees. With a client portfolio balanced between retail, industry, detail picking, healthcare and e-commerce sectors, ID Logistics is characterized by offers involving a high level of technology. Developing a social and environmental approach through a number of original projects since its creation in 2001, the group is today resolutely committed to an ambitious CSR policy. ID Logistics is listed on Compartment A of Euronext’s regulated market in Paris (ISIN Code: FR0010929125, Ticker: IDL).

Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across Industry Groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).

The Harris Williams Transportation & Logistics Group serves companies in a broad range of attractive niches, including third-party logistics (3PL), automotive and heavy-duty vehicle, transportation equipment, and truck, rail, marine and air transportation. For more information on the firm’s T&L Group and other recent transactions, visit the T&L Group’s section of the Harris Williams website.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: [email protected]). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

For media inquiries, please contact Julia Moore at [email protected].

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Professional Services Logistics/Supply Chain Management Transport Finance Consulting Banking Other Transport

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Citi Announces Agreement to Sell Consumer Bank in Bahrain to Ahli United Bank B.S.C.

Citi Announces Agreement to Sell Consumer Bank in Bahrain to Ahli United Bank B.S.C.

Citi Continues to Execute on Global Consumer Exits

Transaction Marks Ninth Announced Sale by Citi in APAC/EMEA Regions Since Announcing Strategy Refresh

Citi Continues to Invest in Bahrain and Support Institutional Clients

MANAMA, Bahrain–(BUSINESS WIRE)–
Citi today announced that Ahli United Bank B.S.C. (AUB) has agreed to acquire Citi’s consumer banking business in Bahrain. The transaction, which is subject to regulatory approvals, includes the retail banking, credit card and unsecured lending businesses but excludes Citi’s institutional businesses. Citi remains committed to continuing to serve institutional clients in Bahrain locally, regionally and globally.

As per the agreement, Citi consumer employees and employees supporting the consumer business will be offered employment from AUB upon close of the proposed transaction.

Upon closing, Citi expects the transaction will make a small contribution to the previously announced release of approximately US$7 billion of allocated tangible common equity over time from the exit of its consumer franchises in 13 markets in Asia Pacific and Europe, Middle East and Africa.

“This is a positive outcome for our colleagues and our clients in Bahrain, and our top priority is to manage and support them through a seamless transition to AUB. We are proceeding with the same consideration for our remaining consumer exit markets,” said Titi Cole, CEO of Legacy Franchises at Citi.

Michel Sawaya, Citi Country Officer Bahrain, said, “We are very pleased to announce this transaction with AUB, a leading organization with a strong growth strategy in consumer banking in Bahrain. We are confident AUB will provide excellent opportunities for our customers and employees. For Citi, this transaction will enable additional investment in our strategic focus areas, including our institutional businesses in Bahrain.”

AUB was selected by Citi following a competitive auction process. Prior to the closing of the transaction, there will be no change in the services provided to Citi’s consumer banking and wealth customers in Bahrain. Closing of the proposed transaction, which is subject to customary regulatory conditions, is anticipated by the second half of 2022.

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Certain statements in this release are “forward-looking statements” within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences. Actual results and capital and other financial condition may differ materially from those included in these statements due to a variety of factors. These factors include, among others, the successful sale of the Bahrain consumer businesses, including within the expected timeframe, macroeconomic and local market conditions, consumer preferences, and the precautionary statements included in this release. These factors also consist of those contained in Citi’s filings with the SEC, including without limitation the “Risk Factors” section of Citi’s 2021 Form 10-K. Any forward-looking statements made by or on behalf of Citi speak only as to the date they are made, and Citi does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

Media Contacts:

Karim Seifeddine, UAE

+971 4 509 9707

[email protected]

Danielle Romero Apsilos, New York

212 816 2264

[email protected]

Investor Contact:

Jennifer Landis

212 793 2014

[email protected]

KEYWORDS: United States Bahrain North America Middle East New York

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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VRT Investors Have Opportunity to Lead Vertiv Holdings Co Securities Fraud Lawsuit

PR Newswire


BENSALEM, Pa. 
, April 4, 2022 /PRNewswire/ — Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Vertiv Holdings Co (“Vertiv” or the “Company”) (NYSE: VRT).

Class Period:
April 28, 2021February 23, 2022

Lead Plaintiff Deadline:
May 23, 2022

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

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the Company could not adequately respond to supply chain issues and inflation by increasing its prices; (2) that, as a result of the increasing costs, Vertiv’s earnings would be adversely impacted; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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

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

Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com

Cision View original content:https://www.prnewswire.com/news-releases/vrt-investors-have-opportunity-to-lead-vertiv-holdings-co-securities-fraud-lawsuit-301516102.html

SOURCE Law Offices of Howard G. Smith

California Climate Credit Totaling Up to $87.13 Applied to Customer Bills this Month

California Climate Credit Totaling Up to $87.13 Applied to Customer Bills this Month

Bill Credit to Combat Climate Change from the State Saves PG&E Customers Money

SAN FRANCISCO–(BUSINESS WIRE)–
Residential customers will automatically receive the California Climate Credit this month created by the California Public Utilities Commission (CPUC) to fight climate change. Pacific Gas and Electric Company (PG&E) is pleased to administer the credit in a timely manner that will help reduce customer energy bills this month.

For natural gas residential customers, the credit will be $47.83, and for electric residential customers, the credit will be $39.30. Customers who receive both services will receive a total credit of $87.13.

“This credit is great news for PG&E customers and will reduce energy bills and provide more opportunities to invest in energy-efficiency and money-saving upgrades,” said Vincent Davis, PG&E’s Vice President of Customer Operations and Enablement.

California requires power plants, natural gas providers and other large industries that emit greenhouse gases to buy carbon pollution permits from auctions managed by the California Air Resources Board. The California Climate Credit is customers’ share of the payments from the state’s program.

Customers do not need to do anything to receive the credit, it will automatically appear as an adjustment on a customer’s bill under the Adjustments Section on the Detailed Charges page.

Ways to Reduce Energy Bills

PG&E offers various programs to help customers save money and energy.

Residential customers receive the Climate Credit twice a year, in April and October. In 2022, small business customers will receive a bill credit in October.

To learn more about the Climate Credit, visit the CPUC’s California Climate Credit page.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

MEDIA RELATIONS:

415-973-5930

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Energy Utilities Oil/Gas

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Thinking about buying stock in Draftkings, Protalix Bio, DiDi Global, Aterian, or Twitter?

PR Newswire


NEW YORK
, April 4, 2022 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for DKNG, PLX, DIDI, ATER, and TWTR.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.

InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-draftkings-protalix-bio-didi-global-aterian-or-twitter-301516922.html

SOURCE InvestorsObserver

DZS Named Recipient of Asian Telecom Award for Work with Rakuten Mobile

The Asian Business Review recognizes success of DZS Mobile & Optical Edge solutions in Rakuten Mobile’s pioneering O-RAN mobile network

DALLAS, April 04, 2022 (GLOBE NEWSWIRE) — DZS (Nasdaq: DZSI), a global leader in access networking and cloud software solutions, today announced that The Asian Business Review’s Asian Telecom Awards 2022 has recognized the company for its work with Rakuten Mobile, which has deployed and scaled the industry’s first fully virtualized, cloud-native Open RAN (O-RAN) mobile network to millions of subscribers in Japan. The “Infrastructure of the Year” award highlights the role of the DZS Chronos Mobile & Optical Edge solutions in helping the mobile operator manage its 4G and 5G traffic.

“Rakuten Mobile has been a valued partner for DZS since 2019, and I am extremely proud of the groundbreaking accomplishments and sustained success our teams have achieved together and our role in supporting the creation of the first fully virtualized, cloud-native 5G mobile network,” said Charlie Vogt, President and CEO, DZS. “Open RAN represents a seismic technology shift in the industry, changing how service providers design and deploy mobile networks of the future. We are proud to be an innovation partner to disruptors like Rakuten Mobile who is leading the way for other service providers around the world and bringing the promise of an interoperable future into reality.”

DZS 5G open fronthaul solutions have supported Rakuten Mobile as it has grown its network to over 5 million subscribers in one of the world’s most advanced communications markets.

Rakuten Mobile’s network relies on the DZS C1216RO, an O-RAN Time Sensitive Networking (TSN) switch for service providers that need to transport mobile traffic from radio antenna sites to centralized vDU units at the cloud edge. Part of the DZS Chronos mobile transport portfolio launched in February 2021, the gateway’s open design combines standardized multilayer switching and fronthaul network functions managed by the DZS network operating system (NOS) software with hardware accelerated radio offload functions. It is the only hardened O-RAN fronthaul gateway in the marketplace.

To learn more about DZS, visit https://www.dzsi.com

About DZS

DZS Inc. (NSDQ: DZSI) is a global leader in broadband connectivity and communications software solutions.

DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change.

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company’s management as of the date hereof. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company’s actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company’s SEC filings available at www.sec.gov, including without limitation, the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings.  In addition, additional or unforeseen affects from the COVID-19 pandemic and the global economic climate may give rise to or amplify many of these risks. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. DZS undertakes no obligation to update or revise any forward-looking statements for any reason.

For further information see: www.DZSi.com.
DZS on Twitter: https://twitter.com/dzs_innovation
DZS on LinkedIn: https://www.linkedin.com/company/DZSi/

Press Inquiries:
McKenzie Hurst, Thatcher+Co.
Phone: +1 408.888.6787
Email: [email protected]



NICKELODEON’S NOGGIN DEBUTS BUBBLE GUPPIES: DIVE INTO THE MET TODAY AS PART OF PLATFORM’S EXPANDED LEARNING PROGRAMS

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Noggin #nogginandthemet #noggin #nogginkids #nogginlearning

Click HERE for art.


NEW YORK
, April 4, 2022 /PRNewswire/ — Nickelodeon‘s interactive learning platform Noggin announced today the launch of Bubble Guppies: Dive into The Met, a game that aims to spark creativity by taking kids on a virtual field trip to The Metropolitan Museum of Art where they can explore art from different cultures and countries. The game builds creativity and critical thinking skills, and fosters appreciation for different cultures and the arts in young children (ages 2-7). The new offering aligns with Noggin’s standards-based learning framework and serves as the first release under its expanded early learning programs: Big Hearts, Mighty Minds, Healthy Heroes and Brave Explorers.

Bubble Guppies: Dive into The Met will help young learners identify and understand details and characteristics of each work of art with information provided in consultation with educators and curators from The Met. The game will also foster concepts and skills such as: art appreciation through an examination of the artwork’s story; artistic expression, as children create their own artwork; and decision making, with tools to curate and customize art they create themselves. Bubble Guppies: Dive into The Met is available on Noggin and www.metmuseum.org

Art Appreciation for Early Learners

In Bubble Guppies: Dive into The Met, the lead character, Mr. Grouper, takes the Bubble Guppies to The Metropolitan Museum of Art for a field trip to study works of art originating from Japan, Ancient Egypt, France, India, and the Netherlands. Young learners, alongside parents and teachers, can find out more about the diverse styles and time periods of the artwork. They can also explore their own artistic interests with stickers and paint tools to create their own image inspired by the artworks from The Met collection.

Five featured works of art include:

  • Children Playing in the Snow Under Plum Trees in Bloom by Yōshū (Hashimoto) Chikanobu
  • The King Travels to His Sons’ Weddings by Bahu Masters
  • A Goldsmith in his Shop by Petrus Christus
  • Stela of Aafenmut, Egyptian, ca. 924–889 B.C.
  • Madame Georges Charpentier and Her Children, Georgette-Berthe and Paul-Émile-Charles by August Renoir
Additional Resources for Educators and Parents 

In addition to the content partnership with The Met, Noggin released today new math and literacy content as well as previews of upcoming episodes of its cooking show, School of Yum. With over 400 pieces of content currently found across Noggin’s four learning programs, and new content rolling out every month, Noggin helps young learners to build readiness skills in math, literacy, the arts and sciences, as well as to establish healthy habits and foster social and emotional skills like self-awareness, empathy and how to develop positive relationships. Noggin’s content slate also includes original series Noggin Knows, Rhymes Through Times,What’s the Word? and Yoga Friends, among others.

About The Metropolitan Museum of Art

The Metropolitan Museum of Art presents over 5,000 years of art from around the world for everyone to experience and enjoy. The Museum lives in two iconic sites in New York City—The Met Fifth Avenue and The Met Cloisters. Millions of people also take part in The Met experience online. Since its founding in 1870, The Met has always aspired to be more than a treasury of rare and beautiful objects. Every day, art comes alive in the Museum’s galleries and through its exhibitions and events, revealing new ideas and unexpected connections across time and across cultures.  Visit The Met’s website for more information. 

About Noggin

Designed for kids aged 2 to 7, Noggin is Nickelodeon’s personalized, interactive learning platform developed by education experts and starring your child’s favorite Nick Jr. characters. Kids learn important skills for school and life as they play on Noggin – engaging with an ever-expanding library of books, learning games, activities, exclusive shorts, plus 1,000+ ad-free episodes of popular series, like PAW Patrol, Peppa Pig, and Blue’s Clues & You! Backed by research, Noggin’s specialized educational approach is designed to build your child’s math, literacy, and wellness skills while developing their curiosity and social and emotional learning. Inspire your kids to learn, explore, and grow with Noggin! Join Noggin today by downloading the app or subscribe at www.noggin.com

About Nickelodeon

Nickelodeon, now in its 43rd year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The brand includes television programming and production in the United States and around the world, plus consumer products, digital, location-based experiences, publishing and feature films. For more information or artwork, visit http://www.nickpress.com. Nickelodeon is a part of Paramount’s (Nasdaq: PARA, PARAA) global portfolio of multimedia entertainment brands.

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SOURCE Nickelodeon

Eight LMC Communities Earn EPA Energy Star Certifications

PR Newswire

Certifications reflect company’s commitment to energy conservation


CHARLOTTE, N.C.
, April 4, 2022 /PRNewswire/ — LMC, a wholly-owned subsidiary of Lennar (NYSE:LEN) and a leader in apartment development and management, today announced that eight LMC communities were awarded Energy Star certifications from the Environmental Protection Agency (EPA) for their energy conservation efforts. To be eligible for Energy Star certification, a community must earn an EPA score of 75 or higher on a scale of 1-100, which indicates that the community performed better than 75% of similar buildings nationwide.

Three LMC communities earned perfect EPA scores of 100: 17th and Broadway, in Oakland, Calif.; as well as Valdok 1701 and Valdok 1702, both in Seattle. Other communities to earn Energy Star certifications include: San Diego communities Marisol (88) and Shift (79); Onyx (95), in Edina, Minn.; NordHaus (95), in Minneapolis; and, Axle (98), in Seattle.      

“At LMC, we are taking large strides in formalizing our green initiatives and this certification is a validation of those ongoing efforts,” said Todd Farrell, President, LMC. “We’re extremely proud of the thoughtful design and planning that went into each of the eight communities that attained certification this year, and to have three communities score perfect 100 EPA ratings is a great achievement.” 

Energy Star certified buildings use 35% less energy than comparable buildings across the country, and also emit 35% less greenhouse gases into the atmosphere, on average. Energy Star buildings also cost up to 50 cents less per square foot to operate than similar uncertified buildings.

Energy Star certifications are issued annually and reflect energy consumption for the previous year. EPA scores account for several factors, including differences in operating conditions and regional weather data. To be eligible for certification, energy data provided by communities must be verified by a licensed professional engineer or registered architect.

About LMC 
LMC, a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B), is a multifamily real estate development and operating company with a diverse portfolio of institutional quality multifamily rental communities across the United States. As of November 30, 2021, LMC had a 42,000-home pipeline of communities ranging from operating to under pre-development that exceeds $16.4 billion of high-rise, mid-rise and garden apartments.

LMC creates extraordinary communities where people can live remarkably. 
www.LiveLMC.com.

Media Contact 
Marlena DeFalco 
LinnellTaylor Marketing 
303-682-3943 
[email protected]                            

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SOURCE LMC