Brenmiller Signs MoU with India’s Largest Solar Panel Manufacturer Waaree Energies to Deploy Thermal Energy Storage Projects in India

Brenmiller Signs MoU with India’s Largest Solar Panel Manufacturer Waaree Energies to Deploy Thermal Energy Storage Projects in India

  • Marks Brenmiller’s entrance into the Indian market, the world’s 5th largest economy
  • Solar-powered bGen™ thermal energy storage systems will help India transition to a 50% renewable energy supply by 2030

ROSH HA’AYIN, Israel & MUMBAI, India–(BUSINESS WIRE)–Brenmiller Energy Ltd. (“Brenmiller”, “Brenmiller Energy” or the “Company”) (Nasdaq: BNRG, TASE: BNRG), a clean energy company that provides Thermal Energy Storage (“TES”) systems to global industrial and utility markets, today announced that it has signed a Memorandum of Understanding (“MoU”) with Waaree Energies Ltd. (“Waaree”), India’s largest manufacturer of solar panels, to implement bGen™ TES in India. This announcement marks Brenmiller’s entrance into the Indian market, adding to the Company’s growing global presence including Israel, Europe, and the U.S.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230726530723/en/

Left to Right: Tal Tutnauer, Business Development Director & Doron Brenmiller, Chief Business Officer from Brenmiller Energy; Dinesh Kumar Gupta, Abhishek Shah & Rajesh Sharma, Chief Growth Officer from Waaree (Photo: Business Wire)

Left to Right: Tal Tutnauer, Business Development Director & Doron Brenmiller, Chief Business Officer from Brenmiller Energy; Dinesh Kumar Gupta, Abhishek Shah & Rajesh Sharma, Chief Growth Officer from Waaree (Photo: Business Wire)

Under the terms of the MoU, Brenmiller and Waaree will jointly explore, develop, and deploy solar-powered TES systems in India, subject to entry into a definitive agreement.

Brenmiller’s award-winning bGen TES system is a mature, scalable, and cost-effective solution that enables 24/7 renewable management for industrial processes and power production. The bGen can store energy in the form of heat for minutes, hours, or days, and produce steam, hot water, or hot air on demand. In addition to decarbonization, Brenmiller’s TES technology provides critical reliability and protection from renewable intermittency and fluctuations in energy market prices.

“We’ve seen a massive uptick in demand for our TES systems in response to climate-forward policies, rising energy costs, and challenges to reliability,” said Avi Brenmiller, president and Chief Executive Officer of Brenmiller. “Our team is thrilled to collaborate with Waaree to bring bGenTES to India’s industrial and utility markets.”

“In India, steam and other high-temperature processes for industrials are primarily powered by coal, accounting for roughly 25 percent of India’s carbon emissions,” said Hitech Doshi, chairman of Waaree. “We are focused on helping large industrial corporations, including beverage, pharmaceutical, chemical, paper manufacturers, and more, to help them meet ambitious ESG goals. Partnering with Brenmiller to deploy its innovative thermal energy storage technology will enable us to significantly reduce dependence on fossil fuels.”

About Waaree Energies Ltd.

Waaree Energies Ltd. is the flagship company of Waaree Group, founded in 1989 with headquarters in Mumbai, India. Waaree Energy is today one of the largest vertically integrated new energy companies. It has India’s largest Solar panel manufacturing capacity of 12GW at its plants in Chikhli, Surat and Umbergaon in Gujarat and is a top player in EPC Services, Project Development, Solar Rooftop Solutions, Solar Inverters, and Solar Water Pumps. It is also an Independent Power Producer. Waaree has a presence in over 388 locations nationally and 20 countries internationally. The company has supplied 6+GW of solar modules and commissioned 1+ GW of solar EPC projects.

About Brenmiller Energy Ltd.

Brenmiller Energy delivers scalable thermal energy storage solutions and services that allow customers to cost-effectively decarbonize their operations. Its patented bGen thermal storage technology enables the use of renewable energy resources, as well as waste heat, to heat crushed rocks to very high temperatures. They can then store this heat for minutes, hours, or even days before using it for industrial and power generation processes. With bGen, organizations have a way to use electricity, biomass and waste heat to generate the clean steam, hot water and hot air they need to mold plastic, process food and beverages, produce paper, manufacture chemicals and pharmaceuticals or drive steam turbines without burning fossil fuels. For more information visit the company’s website at https://bren-energy.com/ and follow the company on Twitter and LinkedIn.

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 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as “plan,” “project,” “potential,” “seek,” “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” are intended to identify forward-looking statements. For example, we are using forward-looking statements when we are discussing the entry into a definitive agreement, the implementation of bGen™ TES in India, and the potential of such implementation to help India transition to a have half of its energy supply from renewables by 2030. Readers are cautioned that certain important factors may affect the Company’s actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company’s results include, but are not limited to, the Company’s planned level of revenues and capital expenditures, the demand for and market acceptance of our products, impact of competitive products and prices, product development, commercialization or technological difficulties, the success or failure of negotiations and trade, legal, social and economic risks and the risks associated with the adequacy of existing cash resources. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2022 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 22, 2023 and the Company’s other filings with the SEC, which are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media:

Tori Bentkover

[email protected]

KEYWORDS: India Israel Middle East Asia Pacific

INDUSTRY KEYWORDS: Other Energy Environment Utilities Sustainability Alternative Energy Energy

MEDIA:

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Left to Right: Tal Tutnauer, Business Development Director & Doron Brenmiller, Chief Business Officer from Brenmiller Energy; Dinesh Kumar Gupta, Abhishek Shah & Rajesh Sharma, Chief Growth Officer from Waaree (Photo: Business Wire)

Bluegreen Vacations Holding Corporation Plans to Issue Financial Results for the Second Quarter of 2023 on August 2, 2023

Bluegreen Vacations Holding Corporation Plans to Issue Financial Results for the Second Quarter of 2023 on August 2, 2023

BOCA RATON, Fla.–(BUSINESS WIRE)–
Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) (the “Company”), announced today that the Company plans to release its financial results for the second quarter of 2023, in a press release to be issued prior to market open on Wednesday, August 2, 2023.

About Bluegreen Vacations Holding Corporation: Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) is a leading vacation ownership company that markets and sells vacation ownership interests and manages resorts in popular leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with 69 Club and Club Associate Resorts and access to nearly 11,400 other hotels and resorts through partnerships and exchange networks. The Company also offers a portfolio of comprehensive, fee-based resort management, financial, and sales and marketing services to, or on behalf of, third parties.

For further information, please visit us at:

Bluegreen Vacations Holding Corporation: www.BVHCorp.com

Bluegreen Vacations Holding Corporation Contact Info:

Investor Relations: Leo Hinkley, Managing Director, Investor Relations Officer

Telephone: 954-399-7193

Email: [email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Lodging Destinations Travel Vacation

MEDIA:

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U. S. Steel Recognized as a ‘Best Place to Work for Disability Inclusion’ with Top Disability Equality Index Score

U. S. Steel Recognized as a ‘Best Place to Work for Disability Inclusion’ with Top Disability Equality Index Score

CEO David B. Burritt Is First Global Steel Industry Executive to Sign Disability:IN’s Inclusion Pledge

PITTSBURGH–(BUSINESS WIRE)–
U. S. Steel (NYSE: X) announced today that for the third consecutive year, the Company was recognized as a “Best Place to Work for Disability Inclusion,” with a top score of 100 on the Disability Equality Index® (DEI). Also this year, U. S. Steel’s President and CEO, David B. Burritt, joined more than 150 other global CEOs that have signed Disability:IN’s “CEO Letter on Disability Inclusion,” a collective call to advance disability inclusion in the workplace.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230726550071/en/

Over the last decade, the American Association of People with Disabilities (AAPD), the nation’s largest disability rights organization, and Disability:IN, a non-profit organization that advocates for business disability inclusion worldwide, have jointly administered the DEI. The index is a comprehensive benchmark that scores and reviews a company’s efforts toward fostering disability inclusion.

“It is an honor to sign Disability:IN’s ‘CEO Letter on Disability Inclusion,’” said U. S. Steel President and CEO, David B. Burritt. “It is incumbent upon us all to persistently champion inclusion and advancement for people with disabilities in the places where we live and work.”

U. S. Steel’s commitment to advancing disability inclusion is supported by the dedicated members and leaders of the employee-led SteelABILITY Employee Resource Group (ERG). SteelABILITY’s key initiatives, such as the Disability Fundamentals Training program, have enabled U. S. Steel employees to learn how best to support their colleagues. The training enhances understanding of disability etiquette, disclosure, and accommodations among able-bodied employees, thereby fostering more meaningful interactions with their colleagues who have disabilities.

“Our performance on the 2023 Disability Equality Index is a testament to the remarkable leadership of our SteelABILITY Employee Resource Group. Their advancement of employee inclusivity, support, and education helps create a culture where everyone belongs,” said Mona Dine, General Manager, Corporate Human Resources & Chief Diversity Officer.

At U. S. Steel, we believe hiring, promoting, and leveraging the skills of this underrepresented talent pool and promoting an equitable work environment fosters innovation and productivity.

Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel’s proprietary XG3™ advanced high-strength steel. The Company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 22.4 million net tons. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com.

Amanda Malkowski

Media Relations Manager

Corporate Communications

T – (412) 736-2475

E – [email protected]

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Environmental, Social and Governance (ESG) Automotive Manufacturing Manufacturing Human Resources Business Professional Services Philanthropy Foundation People with Disabilities Other Manufacturing DEI (Diversity, Equity and Inclusion) Machine Tools, Metalworking & Metallurgy Steel Consumer Packaging

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Walmart and Expedia Group Launch Travel Benefit for Walmart+ Members

Walmart and Expedia Group Launch Travel Benefit for Walmart+ Members

BENTONVILLE, Ark.–(BUSINESS WIRE)–
There’s still time to pack your bags – Walmart is taking its valued Walmart+ members on a new, more rewarding journey before the summer travel season becomes this fall’s show-and-tell. Beginning today, Walmart+ members can book getaways through WalmartPlusTravel.com and get Walmart Cash. Walmart+ members will receive 5% Walmart Cash on hotels, vacation rentals, car rentals and activities bookings, 2% Walmart Cash on all flights and a blended rate of Walmart Cash on vacation packages1.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230726479516/en/

Walmart+ members can now book travel through WalmartPlusTravel.com (Graphic: Walmart)

Walmart+ members can now book travel through WalmartPlusTravel.com (Graphic: Walmart)

Travel booking on WalmartPlusTravel.com is powered by Expedia Group’s White Label Template technology, giving Walmart+ members access to more than 900,000 properties, 500+ airlines, 100+ car rental companies and thousands of activities around the world. This new offering will make shopping for travel a win-win for Walmart+ members as they begin getting Walmart Cash, previously Walmart Rewards, on all aspects of their vacation getaways.

“We’re bringing together the ultimate savings membership and vacation booking site to deliver a first-ever travel-focused benefit for Walmart+ members,” said Venessa Yates, senior vice president and general manager of Walmart+. “Combined with our other benefits — including free delivery, streaming and savings on fuel — we’re creating a membership that saves customers time and money, whether they’re at home or having fun at their favorite vacation destination.”

Here’s how it works:

  • Easy to find: Walmart+ members will access travel through their member benefits hub in the app or WalmartPlusTravel.com.
  • Easy to book: Members can choose travel options like flights, hotels, vacation rentals, car rentals, packages and activities.
  • Easy to earn: After the booking is confirmed, any Walmart Cash received will appear in the member’s Walmart wallet. Walmart Cash will become available 30 days after travel is completed and can be used on future Walmart purchases or cashed out in store.

“We’re delighted to launch this collaboration with Walmart, America’s largest retailer, making planning, shopping and booking travel a new and seamless part of Walmart’s shopping experience. Together, we’re connecting Walmart’s massive customer base with Expedia Group’s extensive array of travel supply partners from all around the world,” said Ariane Gorin, president of Expedia for Business. “What’s exciting is that with this collaboration, Walmart customers will benefit from Expedia’s ongoing innovation through TravelOS, our A.I.-powered travel operating system, as we continue to add new product and feature updates to drive the best traveler experience.”

Walmart+ members will also have access to Expedia Group’s top tier, end-to-end customer service, handling all their travel needs from start to finish. Whether via live agents or by leveraging the company’s self-serve capabilities, like their A.I.-powered Virtual Agent tool, Expedia Group’s services allow members to ask questions about their trip or make changes with ease.

Walmart+ is consistently evolving to deliver what’s most important for members, most recently with the evolution of Walmart Rewards to Walmart Cash, the same great program, under a new name and with the added ability to cash-out in store. Over time, some of the components of Walmart Cash will expand to all customers, while additional ways to get Walmart Cash will remain exclusive to members, like Walmart+ Travel.

For more information about how to become a Walmart+ member, please visit walmart.com/plus.

1 – For example, if the package consisted of a hotel + flight, the Walmart Cash received would be 5% Walmart Cash on the hotel element and 2% Walmart Cash on the flight element.

About Walmart

Walmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better – anytime and anywhere – in stores, online, and through their mobile devices. Each week, approximately 240 million customers and members visit more than 10,500 stores and numerous eCommerce websites in 20 countries. With fiscal year 2023 revenue of $611 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart, on Twitter at twitter.com/walmart, and on LinkedIn at linkedin.com/company/walmart.

About Expedia Group

Expedia Group, Inc. companies power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, we help people experience the world in new ways and build lasting connections. We provide industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Our organization is made up of three pillars: Expedia Product & Technology, focused on the group’s product and technical strategy and offerings; Expedia Brands, housing all our consumer brands; and Expedia for Business, consisting of business-to-business solutions and relationships throughout the travel ecosystem. The Expedia Group family of brands includes: Expedia®, Hotels.com®, Expedia® Partner Solutions, Vrbo®, trivago®, Orbitz®, Travelocity®, Hotwire®, Wotif®, ebookers®, CheapTickets®, Expedia Group™ Media Solutions, CarRentals.com™, and Expedia Cruises™. For more information, visit www.expediagroup.com. Follow us on Twitter @expediagroup and check out our LinkedIn www.linkedin.com/company/expedia/. © 2023 Expedia, Inc., an Expedia Group company. All rights reserved. Trademarks and logos are the property of their respective owners. CST: 2029030-50

For media inquiries, contact:

Walmart: Rebecca Thomason, Corporate Communications: [email protected].

Expedia Group: Edith Morris, Corporate Communications: [email protected].

KEYWORDS: Arkansas Washington United States North America

INDUSTRY KEYWORDS: Supermarket Entertainment Food/Beverage Home Goods Retail Tourist Attractions General Entertainment Vacation Cruise Other Travel Transportation Lodging Women Destinations Travel Men Family Consumer Other Entertainment Online Retail Discount/Variety Online Department Stores

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Walmart+ members can now book travel through WalmartPlusTravel.com (Graphic: Walmart)

Moore Kuehn Encourages AMNB, SCU, NLTX, and PRDS Investors to Contact Law Firm

NEW YORK, July 26, 2023 (GLOBE NEWSWIRE) — Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders.   Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.

Moore Kuehn is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process:  


  • American National Bankshares Inc. (NASDAQ: AMNB)

American National Bankshares has agreed to merge with Atlantic Union Bankshares. Under the proposed transaction, AMNB shareholders will receive 1.35 shares of Atlantic Union common stock.


  • Sculptor Capital Management Inc. (NYSE: SCU)

Sculptor Capital Management has agreed to merge with Rithm Capital. Under the proposed transaction, Sculptor Capital Management shareholders will receive $11.15 in cash per share.


  • Neoleukin Therapeutics, Inc. (NASDAQ: NLTX)

Neoleukin Therapeutics has agreed to merge with Neurogene. Under the proposed transaction, Neoleukin Therapeutics shareholders are expected to own approximately 16% of the combined company.


  • Pardes Bioscience, Inc. (NASDAQ: PRDS)

Pardes Bioscience has agreed to merge with MediPacific. Under the proposed transaction, Pardes Bioscience shareholders will receive not less than $2.02 in cash and an additional cash amount of not more than $0.17 per share.

Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at [email protected]. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients.Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
[email protected]
(212) 709-8245



Church & Dwight Co., Inc. Declares 490th Regular Quarterly Dividend

Church & Dwight Co., Inc. Declares 490th Regular Quarterly Dividend

EWING, N.J.–(BUSINESS WIRE)–
Church & Dwight Co., Inc. (NYSE:CHD) today reported that its Board of Directors declared a regular quarterly dividend of twenty seven and one quarter ($0.2725) cents per share.

This quarterly dividend will be payable September 1, 2023 to stockholders of record at the close of business on August 15, 2023. It is the Company’s 490th regular consecutive quarterly dividend.

Church & Dwight Co., Inc. manufactures and markets a wide range of personal care, household and specialty products, under the Arm & Hammer brand name and other well-known trademarks.

Church & Dwight Co., Inc.

Rick Dierker, 609-806-1200

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: Retail Chemicals/Plastics Home Goods Manufacturing Specialty Other Manufacturing

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Gen Z Entrepreneurs are Thriving: New Square Report Finds 84% Still Plan to be Business Owners 5 Years From Now

Gen Z Entrepreneurs are Thriving: New Square Report Finds 84% Still Plan to be Business Owners 5 Years From Now

Gen Z is proving its dedication to the entrepreneurial grind with 73% reporting that their business is their main source of income

SAN FRANCISCO–(BUSINESS WIRE)–
Today, Square unveiled its first-ever Gen Z Entrepreneur Report, revealing how Gen Z entrepreneurs view success, what challenges they face, and what the future holds. For the full findings of the report, you can view here.

Standout findings from Square’s Gen Z Entrepreneur Report include:

  • Nearly 3 in 4 Gen Z business owners (72%) believe their generation has had fewer economic opportunities than previous ones, yet 39% report wanting to earn enough money to start another business or side hustle.

  • Gen Z entrepreneurs aren’t just sole proprietors with 39% going beyond being their own boss and having five employees or more.
  • Economic policies are top of mind as Gen Z most notably believes lower taxes (46%) would benefit their business, followed by affordable housing (42%) and universal basic income (35%).
  • Gen Z entrepreneurs are using their own savings to start their business, with nearly half (45%) doing so, including 53% of women compared to 38% of men.
  • While 80% of young entrepreneurs started their business online or had a mobile component, another 46% launched their business with a physical location for omnichannel operations.

“Our generation is so entrepreneurial because we want to be in control of our lives and determine when and where we work,” said Savanna Boda, Founder and CEO of Savanna Boda Aesthetics in Lewisville, TX, who uses Square for Retail, Square Appointments, Square Invoices, and Square Marketing to run her business. “I wanted to break away from the status quo of the corporate world so that I could follow my passions on my own schedule. I’m addicted to making people feel good about themselves and I get so much joy out of knowing I’m helping my community of clients.”

To understand how Square makes commerce and financial services easy and accessible for sellers of all types, size, and age, visit squareup.com.

About Square

Square makes commerce and financial services easy and accessible with its integrated ecosystem of solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services and banking products, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. For more information, visit www.squareup.com.

Methodology

The Square Gen Z Survey was conducted by Wakefield Research (www.wakefieldresearch.com) among 250 Gen Z US business owners, between April 18th and April 28th, 2023, using an email invitation and an online survey.

Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. For the interviews conducted in this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 6.2 percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample.

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Banking Software Professional Services Online Retail Entrepreneur Fintech Payments Consumer Technology Small Business Retail Generation Z Finance

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Tiptree to Hold Conference Call for Q2 2023 Results on Thursday, August 3, 2023

Tiptree to Hold Conference Call for Q2 2023 Results on Thursday, August 3, 2023

GREENWICH, Conn.–(BUSINESS WIRE)–
Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, August 3, 2023 at 10:30 AM ET to discuss the Company’s Q2 2023 results. A copy of the Q2 2023 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company’s website prior to the call, located at www.tiptreeinc.com.

If you have a question for management that you would like answered on the call, please submit your question to [email protected] prior to the start of the call.

To Listen to the Webcast

The conference call will be available in the investor relations section of the Company’s website at www.tiptreeinc.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.

To Participate in the Telephone Conference Call

Dial in at least 5 minutes prior to start time:

Domestic: 1-877-407-4018

International: 1-201-689-8471

To Hear the Conference Call Playback

Domestic: 1-844-512-2921

International: 1-412-317-6671

Replay Pin Number: 13739057

A replay of the call will be available from Thursday, August 3, 2023 at 12:00 p.m. Eastern Time, until midnight Eastern on Thursday, August 10, 2023.

About Tiptree

Tiptree Inc. (NASDAQ: TIPT) allocates capital to select small and middle market companies with the mission of building long-term value. Established in 2007, we have a significant track record investing in the insurance sector and across a variety of other industries, including mortgage origination, specialty finance and shipping. With proprietary access and a flexible capital base, we seek to uncover compelling investment opportunities and support management teams in unlocking the full value potential of their businesses. For more information, please visit tiptreeinc.com and follow us on LinkedIn.

Tiptree Inc.

Investor Relations, 212-446-1400

[email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Banking Professional Services Insurance Finance

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More Brazilian Firms Are Turning to Hybrid Clouds for Help

More Brazilian Firms Are Turning to Hybrid Clouds for Help

Banks and financial services companies are the principal drivers of hybrid and multicloud adoption in Brazil, ISG Provider Lens™ report says

SÃO PAULO–(BUSINESS WIRE)–
Faced with the twin challenges of providing increased connectivity and security from their on-premises data centers, a growing number of enterprises in Brazil are adopting hybrid architectures, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

The 2023 ISG Provider Lens™ Private/Hybrid Cloud – Data Center Services report for Brazil finds that Brazilian companies are turning to managed hosting platforms that offer a cloud-like experience along with robust technology and hyperconnectivity to the public cloud. An increasing expectation of hyperconnectivity from both customers and businesses alike has led to an alteration in hybrid architecture, the ISG report says.

“More Brazilian service providers are entering the managed hosting market,” said Bernie Hoecker, partner, enterprise cloud transformation leader, ISG. “Those that are focused on private cloud services are showing more robust growth than those focused on public cloud services.”

According to the ISG report, many firms that migrated to the public cloud in a rush to reduce costs realized later that some workloads could be more efficiently processed in hosting or colocation environments. From an enterprise perspective, there are several reasons to shift from public to private clouds, particularly for companies in Brazil, the ISG report says.

Whereas public clouds set their price in dollars and are aligned with global infrastructure costs, managed hosting sets prices in Brazilian reals and is aligned with costs incurred in Brazil. A change in currency parity from 2020 to 2022 created a price gap that has made managed hosting more competitive in Brazil, ISG says.

In addition, according to the ISG report, the public cloud uses a granular pricing model that makes it easier to overspend, while a managed platform offers simplified pricing schemes that are easier to understand and control. Finally, concerns around data sovereignty, data access control, privacy and compliance are more readily addressed in managed hosting environment, the ISG report says.

“Hybrid clouds can really provide the best of both worlds,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “They allow enterprises to leverage the capabilities of public cloud platforms without the need to offload all their data to a third-party data center.”

The report also examines how more providers are offering AIOps and FinOps across clouds to integrate automation and financial control on a single platform.

The 2023 ISG Provider Lens™ Private/Hybrid Cloud – Data Center Services report for Brazil evaluates the capabilities of 43 providers across four quadrants: Managed Services for Large Accounts, Managed Services for Midmarket, Managed Hosting and Colocation Services.

The report names Edge UOL and Equinix as Leaders in three quadrants each, while Kyndryl, Matrix, TIVIT and T-Systems are named as Leaders in two quadrants each. Accenture, Ascenty, Capgemini, Claranet, Dedalus, EVEO, HostDime, Logicalis, Nextios, Scala Data Centers, Skymail, Under and Wipro are named as Leaders in one quadrant each.

In addition, inovTI, Takoda and V8.Tech are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.

Customized versions of the report are available from Ascenty, DataEnv, EVEO, inovTI, Scala Data Centers, Skymail, Takoda and Under.

The 2023 ISG Provider Lens™ Private/Hybrid Cloud – Data Center Services report for Brazil is available to subscribers or for one-time purchase on this webpage.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Press:

Will Thoretz, ISG

+1 203 517 3119

[email protected]

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Atlantica to Present Second Quarter 2023 Financial Results on August 1

Atlantica
to
Present Second Quarter 2023 Financial Results on August 1

July 26, 2023 – Atlantica Sustainable Infrastructure (NASDAQ: AY) announced today that it will release its financial results for the second quarter of 2023 before the opening of the market on Tuesday, August 1, 2023. The information will be published on Atlantica’s website www.atlantica.com.

Atlantica’s CEO, Santiago Seage and CFO, Francisco Martinez-Davis, will hold a conference call and a webcast on Tuesday, August 1, 2023, at 8:00 am (New York time). Additionally, the senior management team will also hold meetings with investors on August 23, 2023 at the Seaport 12th Annual Summer Virtual Investor Conference, on September 5, 2023 at the Barclays CEO Energy-Power Conference, and on September 7, 2023 at the CIBC Renewables & Clean Energy Conference.

A live webcast of the conference call will also be available on Atlantica’s website. Please visit the website 15 minutes earlier in order to register for the live webcast and download any necessary audio software. In order to access the conference call participants should dial: +1-646-664-1960 (US), +44 (0) 20-3936-2999 (UK) or +1-613-699-6539 (Canada), followed by the confirmation code 242281. Atlantica advises participants to access the conference call at least 15 minutes in advance.

A replay of the call will be available at the Investor page of Atlantica’s website approximately two hours after the conference call is completed.

About
Atlantica

Atlantica Sustainable Infrastructure plc is a sustainable infrastructure company that owns a diversified portfolio of contracted renewable energy, storage, efficient natural gas and heat, transmission lines and water assets in North & South America, and certain markets in EMEA (www.atlantica.com).

   

Chief Financial Officer

Francisco Martinez-Davis

E [email protected]

                  

Investor Relations
&
Communication

Leire Perez

E [email protected]

T +44 20 3499 0465