Market Newsdesk

UBS Announces Call Settlement Amounts for three ETNs

NEW YORK–(BUSINESS WIRE)–
UBS AG announced today the Call Settlement Amounts for the below three UBS-issued exchange traded notes set forth in the following table (collectively, the “ETNs”).

Table-1

ETN Ticker	ETN Name and Prospectus Supplement [1]	Call Settlement Amount	CUSIP	Call Settlement Date
FIEE	UBS AG FI Enhanced Europe 50 ETN due February 12, 2026[2]	$201.2339	90274D234	06/16/2023
FIHD	UBS AG FI Enhanced Global High Yield ETN due March 3, 2026[2]	$217.9044	90274D218	06/16/2023
PYPE	ETRACS NYSE® Pickens Core Midstream™ Index ETN due August 20, 2048	$21.3492	90274E257	06/16/2023

^[1] The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of the ETNs, which are identified by their names. Each of the above ETNs are part of the UBS AG’s Medium Term Notes, Series B, on which UBS AG is sole obligor. Capitalized terms used but not defined in this press release shall have the meanings ascribed to such terms in the relevant prospectus supplement (including, as applicable, any product supplement and pricing supplement (each such supplement, a “prospectus supplement”)) for the ETNs.

^[2] The prospectus addendum with a link to the updated base prospectus can be accessed here.

On May 8, 2023, UBS AG announced the redemption of the ETRACS NYSE® Pickens Core Midstream™ Index ETN. On May 31, 2023, UBS AG announced the redemption of the UBS AG FI Enhanced Europe 50 and UBS AG FI Enhanced Global High Yield ETNs. UBS will pay the applicable Call Settlement Amount to investors holding the ETNs on June 16, 2023.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” that are subject to risks and uncertainties, and actual results may differ materially. These statements could contain words such as “possible,” “intend,” “will,” “may,” “intends,” “would,” “if,” “expect,” “potentially” or other similar expressions. Forward-looking statements, including those relating to UBS AG’s plans for the ETNs, are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. While these forward-looking statements represent UBS’s judgments, expectations and objectives concerning the matters described, a number of risks, uncertainties and other important factors, including whether UBS AG will actually complete the redemption of the ETNs, could cause actual developments and results to differ materially from UBS’s expectations. For a discussion of the risks and uncertainties that may affect the ETNs please refer to the “Risk Factors” in the applicable prospectus supplement(s) relating to the ETNs referenced in Table-1. UBS is not under any obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

About UBS ETNs

UBS ETNs are senior unsecured notes issued by UBS AG, are traded on NYSE Arca, and can be bought and sold through a broker or financial advisor. An investment in UBS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not guaranteed any coupon or distribution amount under the UBS ETNs. Prior to making an investment in the UBS ETNs, investors should take into account whether or not the market price is tracking the intraday indicative value of the UBS ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement for the UBS ETN.

UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the ETNs and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the prospectus, along with the applicable prospectus supplement(s) to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETNs. The applicable offering document for each ETN may be obtained by clicking on the name of each ETNs identified above. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

About UBS

UBS convenes the global ecosystem for investing, where people and ideas are connected and opportunities brought to life, and provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as to private clients in Switzerland. UBS offers investment solutions, products and impactful thought leadership, is the leading global wealth manager, provides large-scale and diversified asset management, focused investment banking capabilities, and personal and corporate banking services in Switzerland. The firm focuses on businesses that have a strong competitive position in their target markets, are capital efficient and have an attractive long-term structural growth or profitability outlook.

UBS is present in all major financial centers worldwide. It has offices in more than 50 regions and locations, with about 30% of its employees working in the Americas, 30% in Switzerland, 19% in the rest of Europe, the Middle East and Africa and 21% in Asia Pacific. UBS Group AG employs more than 72,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

This material is issued by UBS AG and/or any of its subsidiaries and/or any of its affiliates (“UBS”). Products and services mentioned in this material may not be available for residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please consult the restrictions relating to the product or service in question for further information. Activities with respect to US securities are conducted through UBS Securities LLC, a US broker/dealer. Member of SIPC (http://www.sipc.org/).

UBS ETNs are sold only in conjunction with the relevant offering materials. UBS has filed a registration statement (including a prospectus, as supplemented by the applicable prospectus supplement(s), for the offering of the UBS ETNs) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read these documents and any other documents that UBS has filed with the SEC for more complete information about UBS and the offering to which this communication relates. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus and applicable prospectus supplement(s), by calling toll-free (+1-877-387 2275). In the US, securities underwriting, trading and brokerage activities and M&A advisor activities are provided by UBS Securities LLC, a registered broker/dealer that is a wholly owned subsidiary of UBS AG, a member of the New York Stock Exchange and other principal exchanges, and a member of SIPC. UBS Financial Services Inc. is a registered broker/dealer and affiliate of UBS Securities LLC.

The ETNs referred to herein are not sponsored, endorsed, issued, sold or promoted by MSCI, and MSCI bears no liability with respect to any such ETNs or any index on which such ETNs are based. The respective ETN prospectus supplement(s) contains a more detailed description of the limited relationship MSCI has with UBS.

The STOXX Europe 50 GR USD index is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland (“STOXX”), Deutsche Börse Group or their licensors, which is used under license. FIEE ETN is neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group or their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the STOXX Europe 50 GR USD index or its data.

Source ICE Data Indices, LLC, is used with permission. “NYSE®” is a service/trade mark of ICE Data Indices, LLC or its affiliates and has been licensed, along with the NYSE® Pickens Core MidstreamTM Index (“Index”) for use by UBS AG in connection with PYPE ETNs (“ETNs”). Neither UBS AG nor the ETNs, as applicable, is sponsored, endorsed, sold or promoted by ICE Data Indices, LLC, its affiliates or its third-party suppliers (“ICE Data and its Suppliers”). ICE Data and its Suppliers make no representations or warranties regarding the advisability of investing in securities generally, in the ETNs particularly, or the ability of the Index to track general market performance. Past performance of an Index is not an indicator of or a guarantee of future results.

ICE Data and its Suppliers disclaim any and all warranties and representations, express and/or implied, including any warranties of merchantability or fitness for a particular purpose or use, including the indices, index data and any information included in, related to, or derived therefrom (“index data”). ICE Data and its Suppliers shall not be subject to any damages or liability with respect to the adequacy, accuracy, timeliness or completeness of the indices and the index data, which are provided on an “as is” basis and your use is at your own risk.

UBS specifically prohibits the redistribution or reproduction of this material in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect.

© UBS 2023. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved.

______________________

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Individual investors should instruct their broker/advisor/custodian to call us or should call together with their broker/advisor/custodian.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20230614470616/en/

Media contact

Alison Keunen

+1 212 713 2296

[email protected]

Institutional Investor contact¹

+1-877-387 2275

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Banking Other Professional Services Professional Services Finance

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Bluegreen Vacations Increases Inventory/Top Suites

BOCA RATON, Fla.–(BUSINESS WIRE)–
Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) (“Bluegreen Vacations,” “Bluegreen,” or the “Company”), a vacation ownership company, announced today that Bluegreen has begun expanding the inventory of its top tier accommodations with the addition of three new presidential suites at its MountainLoft resort in Gatlinburg, Tennessee.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230614619759/en/

Measuring approximately 2,000 square feet, the new MountainLoft resort suites are intended to be reminiscent of a mountain retreat featuring expansive living rooms with fireplaces and oversized windows that frame dramatic mountain views. Designed to offer guests the comforts and amenities of home, the suites are planned to offer large principal suites with private bathrooms, generously sized bedrooms, spacious modern kitchens, and game rooms with pool tables.

“Multigenerational travel and multi-family trips are becoming a popular trend among our owners,” said Mr. Dusty Tonkin, Chief Sales and Marketing Officer for Bluegreen Vacations. “Our presidential suites are tailored to accommodate large families traveling together and the amenities propose an elevated experience for our owners to enjoy.”

Separately, Bluegreen recently announced plans to construct seven new presidential suites, six four-bedroom units and one three-bedroom suite at The Fountains Resort in Orlando, Florida. The addition of these units is projected to bring the Fountains Resort’s top tier inventory to twenty-two presidential suites. Currently planned to debut in 2024, the new accommodations are anticipated to offer ensuite bathrooms, fully equipped chef’s kitchens, media room, living and dining rooms. The four-bedroom units are also expected to feature a private courtyard with playscape.

“Bluegreen currently has over 160 presidential suites across our resorts. As we expand, we believe it is important that we continue to improve our existing product to ensure that all of our accommodations meet the evolving needs and expectations of our owners,” Mr. Tonkin continued.

In addition, Bluegreen recently announced:

• Plans for its newly acquired Bayside Resort and Spa in Panama City Beach, Florida, to convert the 320-guestroom resort to 202 rooms, which is anticipated to include studios, one- and two-bedroom units, as well as two- and three-bedroom presidential suites.

• Plans for Bluegreen’s Streamside at Vail property which is currently expected to include two one-bedroom loft presidential units once renovation is complete.

• Plans for Bluegreen’s 67-room Mill Springs Lodge mountain retreat which is intended to include four three-bedroom presidential suites overlooking the Smoky Mountains.

• Plans for Bluegreen’s recently announced acquisition of two properties located in the historic Printers Alley district in the Nashville, Tennessee market. One of the properties, previously a 15-story hotel comprising eighty-six rooms and two penthouse suites, is planned to be sold as vacation ownership interests. Bluegreen intends to refresh the guest rooms and convert the penthouse suites into presidential units. The second property, an adjacent two-story building which was formerly the Nashville Trust Company, is currently planned to be converted to a sales preview center and may have the potential to be redeveloped into a 15-story resort, providing Bluegreen with a future expansion opportunity in the Nashville market.

For further information, please visit us at www.BluegreenVacations.com.

About Bluegreen Vacations: 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 71 Club and Club Associate Resorts and access to nearly 11,400 other hotels and resorts through partnerships and exchange networks.

This press release contains forward-looking statements. All opinions, forecasts, projections, future plans, and other statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements involve risks, uncertainties, and other factors, many of which are beyond the Company’s control, that may cause actual results or performance to differ from those set forth or implied in the forward-looking statements. These risks and uncertainties include, without limitation, the risk that construction plans and anticipated amenities are subject to change and may not be completed or provided as planned or at the time period indicated; the risk that the availability of presidential suites is anticipated but may be delayed and is not guaranteed; the risk that resort availability and inclusion into the Bluegreen Vacation Club may be delayed, is not guaranteed and is subject to meeting all applicable licensing, registration and governmental requirements; and the additional risks and uncertainties described in the Company’s filings with the SEC, including, without limitation, the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 (including the “Risk Factors” section thereof). The Company cautions that the foregoing factors are not exclusive.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230614619759/en/

Bluegreen Vacations Contact Info:

Media and Public Relations: Marcia McLaughlin, Director Brand & Owner Marketing

Telephone: 561-912-8115

Email: [email protected]

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 Tennessee

INDUSTRY KEYWORDS: Lodging Destinations Travel Vacation

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Bluegreen Vacations Presidential Suite at its MountianLoft resort in Gatlinburg, Tennessee. (Photo: Business Wire)

CORRECTING and REPLACING  Varsity Tutors, Warner Bros. Discovery Global Consumer Products, and DC Partner on Draw-Along Series Featuring The Flash

 DC writer and artist Francis Manapul brings the summer’s fastest movie hero to life in a live interactive art experience for kids

BURBANK, Calif. & ST. LOUIS–(BUSINESS WIRE)–
Please replace the release with the following corrected version due to multiple revisions.

The updated release reads:

VARSITY TUTORS, WARNER BROS. DISCOVERY GLOBAL CONSUMER PRODUCTS, AND DC PARTNER ON DRAW-ALONG SERIES FEATURING THE FLASH

DC writer and artist Francis Manapul brings the summer’s fastest movie hero to life in a live interactive art experience for kids

Varsity Tutors, a Nerdy (NYSE: NRDY) company and one of the nation’s largest platforms for live online tutoring and classes, in partnership with Warner Bros. Discovery Global Consumer Products, is teaming up with DC, one of the largest and oldest American comic book companies, to bring kids a unique summer draw-along series featuring DC’s premiere Super Hero The Flash. The classes are part of Varsity Tutors’ free StarCourse content, a collection of exclusive learning sessions taught by celebrity instructors and top experts across categories.

Beginning Monday, June 19th (7 pm ET), Varsity Tutors will host “DC Presents: Learn to Draw The Flash” with Francis Manapul, the writer and artist behind DC’s best selling comic book series such as THE FLASH, DETECTIVE COMICS, and more. Manapul will demonstrate how to create The Flash in a live, interactive draw-along, as well as share his tips for taking a comic book from concept to reality.

The series continues on July 12th (6 pm ET) when Manapul teaches “DC Presents: Learn to Draw Action Scenes featuring The Flash.” In this class, kids will learn how to showcase super-speed in a still image. By drawing The Flash in motion, Manapul shares how he illustrates scenes that feature speed, strength, conflict, and movement, in a vivid way that packs pages full of energy.

On July 27th (6 pm ET), the series zips ahead with “DC Presents: Create a Comic Book Villain Inspired by The Flash Universe,” where Manapul will break down the elements of creating and drawing Super Villains—and walk kids through the process of making their own Super Villain.

The summer-long series concludes on August 14th (7 pm ET) with “DC Presents: Develop Storytelling Powers Inspired by The Flash”. In this live, interactive class, Manapul teaches the key elements of comic book storytelling, including character motivations and superpowers.

“These classes not only share the fantastical world of DC Super Heroes, but the real-life, inspirational values that these characters embody,” Manapul said. “There’s more to these characters than meets the eye, and I hope to bring this to light for kids while we have fun drawing this summer’s most notable Super Hero, The Flash.”

“Comic books are fun for kids, but they also open pathways to meaningful skills, including literacy, creative writing and storytelling, and artistic expression,” said Brian Galvin, Chief Academic Officer at Varsity Tutors. “We know kids around the world will be excited about The Flash this summer, and with this series, we can harness that enthusiasm to help them develop creative and academic superpowers, too.”

Varsity Tutors debuted its StarCourse series in early 2020. Classes have been led by stars such as Mayim Bialik, from The Big Bang Theory; Jeopardy! champion Ken Jennings; physicist, professor, and string theorist Brian Greene; the Smithsonian Institution; the San Diego Zoo and many others.

For more information about Varsity Tutors’ summer StarCourse lineup, visit https://www.varsitytutors.com/classes

About Nerdy Inc.

Nerdy (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology. The Company’s purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Nerdy’s comprehensive learning destination provides learning experiences across 3,000+ subjects and multiple formats—including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. Nerdy’s flagship business, Varsity Tutors, is one of the nation’s largest platforms for live online tutoring and classes. Its solutions are available directly to students and consumers, as well as through schools and other institutions. Learn more about Nerdy at https://www.nerdy.com/.

About Warner Bros. Discovery Global Consumer Products

Warner Bros. Discovery Global Consumer Products (WBDGCP), part of Warner Bros. Discovery Global Brands, Franchises, and Experiences, extends the company’s powerful portfolio of entertainment brands and franchises into the lives of fans around the world. WBDGCP partners with best-in-class licensees globally on award-winning toy, fashion, home décor and publishing programs inspired by the biggest franchises from Warner Bros.’ film, television, animation, and games studios, HBO, Discovery, DC, Cartoon Network, HGTV, Eurosport, Adult Swim, and more. With innovative global licensing and merchandising programs, retail initiatives, and promotional partnerships, WBDGCP is one of the leading licensing and retail merchandising organizations in the world.

About DC

DC, part of Warner Bros. Discovery, creates iconic characters and enduring stories and is one of the world’s largest publishers of comics and graphic novels. DC’s creative work entertains audiences of every generation around the world with DC’s stories and characters integrated across Warner Bros. Discovery’s film, television, animation, consumer products, home entertainment, games, and themed experiences divisions, and on the DC Universe Infinite digital comic subscription service. Learn more at DC.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230614047176/en/

Jeff Pecor

Tailwind Public Relations

206-948-1482

[email protected]

KEYWORDS: United States North America California Missouri

INDUSTRY KEYWORDS: Other Entertainment Film & Motion Pictures Other Education Licensing (Entertainment) University Primary/Secondary Education Entertainment

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Evolv Technology Releases Newest Enhancement to AI-Based Weapons Detection

WALTHAM, Mass.–(BUSINESS WIRE)–
Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced the release of Evolv Express® 6.0, an upgrade to the system used by top theme parks, stadiums, arenas, schools, hospitals, warehouses and performing arts venues to help make places safer. Evolv Express uses powerful sensor technology with artificial intelligence (AI) to provide an intelligent, respectful, and unbiased screening solution that offers more accurate threat detection to screen people at the pace of life.

Express 6.0 launches with enhanced threat detection and new deployment size selections for venues that may have physical space constraints, such as schools and healthcare facilities. These upgrades, designed to expand installation options and enhance detection capabilities across a broader spectrum of threats, are offered to the entire fleet of over 2,000 Express systems currently deployed by Evolv customers.

“Our customers realize that a static, ‘one size fits all’ piece of hardware cannot keep up in today’s world,” said Peter George, president & CEO of Evolv Technology. “This latest upgrade represents yet another example of our team’s continued full solution investment which is provided to our customers as part of their ongoing SaaS (software as a service subscription) with Evolv.”

The enhanced detection provided by Express 6.0 is a result of Evolv’s ongoing commitment to partnering with customers to continually improve the system’s artificial intelligence (AI). Evolv Express is the only advanced weapons detection screening system to receive the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology and is being deployed by security professionals around the county to help add a layer of security that affords a respectful and efficient screening process.

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is transforming human security to make a safer, faster, and better experience for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces, using industry leading artificial intelligence (AI)-powered weapons detection and analytics. Its mission is to transform security to create a safer world to live, work, learn, and play. Evolv has digitally transformed the gateways in places where people gather by enabling seamless security ecosystem integration combined with powerful analytics and insights. Evolv’s advanced systems have scanned more than 600 million people, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States. Evolv has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) as well as the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding Systems category. Evolv Technology®, Evolv Express®, Evolv Insights®, and Evolv Cortex AI® are registered trademarks of Evolv Technologies, Inc. in the United States and other jurisdictions. For more information, visit https://evolvtechnology.com.

Forward-looking Statements

Certain statements in this press release may constitute “forward-looking” statements and information, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events or our Company’s performance and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in our Annual Report on Form 10-K for the year ended on December 31, 2022, that was filed with the SEC on March 24, 2023, as may be updated in other filings we make with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended on March 31, 2023 that was filed with the SEC on May 10, 2023, and our ability to identify and implement digital advances in our technology. These statements reflect management’s current expectations regarding future events and operating performance and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230614875177/en/

Media Contact:

Alexandra Smith Ozerkis

[email protected]

Investor Contact:

Brian Norris

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Data Management Security Technology Other Technology Software Networks

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Alaska Communications Announces Death of President and CEO, Bill Bishop

ANCHORAGE, Alaska–(BUSINESS WIRE)–
Alaska Communications president and CEO, Bill Bishop, died June 13. He died peacefully at home surrounded by his wife and children.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230614156761/en/

Originally from North Pole, Bishop joined Alaska Communications 19 years ago, serving in a variety of sales and executive roles.

“On behalf of myself and the entire Alaska Communications Board and management team at ATN, I offer my, and our, condolences and deepest sympathies to Bill’s family, and to his friends and colleagues,” said Michael Prior, chairman, Alaska Communications. “Bill was well-loved and respected by so many, and his leadership and presence, both at Alaska Communications and in the broader Alaska community, will be greatly missed.”

Bishop was currently taking a leave-of-absence to focus on his health and medical treatments. During this time, the Alaska Communications board of directors appointed Jim McCarley interim CEO. McCarley will continue in this capacity until a permanent placement is determined.

About Alaska Communications

Alaska Communications, an affiliate of ATN International, Inc. (NASDAQ: ATNI), is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska. The company operates a highly reliable, advanced statewide data network with the latest technology and the most diverse undersea fiber optic system connecting Alaska to the contiguous U.S. For more information, visit www.AlaskaCommunications.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230614156761/en/

Heather Marron

Manager, Corporate Communications

[email protected]

KEYWORDS: United States North America Alaska

INDUSTRY KEYWORDS: Data Management Technology Mobile/Wireless Telecommunications Networks Internet

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Pictured: Bill Bishop. Photo courtesy of Alaska Communications.

MultiPlan Named a Best Workplace in New York

Elite achievement based on 86% of employee responses that say MultiPlan is a great place to work, scoring the company exceptionally high in categories of justice, caring, and leadership

NEW YORK–(BUSINESS WIRE)–
MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of technology and data-enabled cost management, payment, and revenue integrity solutions to the U.S. healthcare industry, announced that it has been named one of the 2023 Fortune Best Workplaces in New York™ based on its 2022-2023 Great Place to Work® Certification™ results. New York has been MultiPlan’s headquarters since the company’s founding in 1980.

“Being named by Fortune as a top workplace in New York is an honor, but our employee base covers the entire country and I see this as a testament to their commitment to making our company a great place to work throughout the U.S., not just at our headquarters,” says Dale White, CEO of MultiPlan. “Our people programs are a cornerstone priority at the company and we continue to invest in our teams and in creating an environment where employees feel valued and can succeed.”

MultiPlan was certified by Great Place to Work with 86% of employees saying the company is a great place to work – 29 points higher than the average U.S. company. The prestigious award is based entirely on what current employees say about their experience working at MultiPlan.

Some of the company’s highest scores were found in focus areas and categories such as “justice,” “caring,” and “leadership behavior.” MultiPlan also secured an employee rating of 82% in both credibility and integrity, two key areas the company considers integral to the nature of its work in the healthcare industry where trustworthiness and confidence is critical.

To learn more about MultiPlan and how to join its team and support its mission to deliver affordability, efficiency and fairness to the U.S. healthcare system through its technology-enabled provider network, negotiation, claim pricing and payment accuracy services, visit its “Careers” page at https://www.multiplan.us/careers/.

About MultiPlan

MultiPlan is committed to delivering affordability, efficiency and fairness to the US healthcare system by helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, MultiPlan interprets customers’ needs and customizes innovative solutions that combine its payment and revenue integrity, network-based and analytics-based services. MultiPlan is a trusted partner to over 700 healthcare payors in the commercial health, government and property and casualty markets. For more information, visit multiplan.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20230614473100/en/

Investor Relations

Luke Montgomery, CFA

SVP, Finance & Investor Relations

MultiPlan

866-909-7427

[email protected]

Shawna Gasik

AVP, Investor Relations

MultiPlan

866-909-7427

[email protected]

Media Relations

Pamela Walker

AVP, Marketing & Communication

MultiPlan

781-895-3118

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Human Resources Payments Managed Care Health Data Management Health Technology Professional Services Technology

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