Market Newsdesk

March 30, 2023 9:48 am

XPO Named National Carrier of the Year by Echo Global Logistics

GREENWICH, Conn. , March 30, 2023 (GLOBE NEWSWIRE) — XPO (NYSE: XPO), a leading provider of less-than-truckload (LTL) transportation in North America, has been named 2022 National Carrier of the Year by Echo Global Logistics, a Fortune 1000 3PL provider. XPO received the award for exceeding Echo’s quality-of-service standards in 2022, while managing record volume as the 3PL’s largest LTL carrier relationship.

“We’re happy to recognize the hard work of XPO, one of our dedicated partners for more than 15 years,” said Marty Martin, vice president of sourcing for Echo. “XPO’s commitment to quality service for its clients and high standards for proprietary technology align with our values at Echo. We look forward to many more years with XPO as a carrier partner.”

Anthony Hoereth, senior vice president of sales for XPO, said, “We’re honored to be recognized by Echo as a trusted partner that delivers a superior customer experience. Our teams have worked closely together throughout our longstanding partnership, and we’ll continue to surpass expectations.”

The company’s strong track record with Echo has resulted in past recognitions of XPO as National Carrier of the Year.

About XPO

XPO (NYSE: XPO) is one of the largest providers of asset-based less-than-truckload (LTL) transportation in North America, with proprietary technology that moves goods efficiently through its network. Together with its business in Europe, XPO serves approximately 48,000 customers with 554 locations and 38,000 employees. The company is headquartered in Greenwich, Conn., USA. Visit xpo.com for more information, and connect with XPO on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Media Contact

Karina Frayter
+1-203-484-8303
[email protected]

March 30, 2023 9:36 am

Brenmiller Energy’s Automated Thermal Energy Storage Production Facility on Track to Ramp Production to Full Capacity by Q4 2023

Brenmiller Energy’s Automated Thermal Energy Storage Production Facility on Track to Ramp Production to Full Capacity by Q4 2023

Brenmiller believes it is on track to become one of the first global thermal energy storage (TES) companies with an operational TES production facility that will enable it to service the growing market demand.
Up to 4,000 MWh of clean energy capacity through bGen TES modules annually

ROSH HA’AYIN, Israel–(BUSINESS WIRE)–Brenmiller Energy Ltd. (“Brenmiller”, “Brenmiller Energy” (TASE: BNRG, Nasdaq: BNRG), a global leader in thermal energy storage (TES), announced today a milestone in the construction of its production facility in Dimona, Israel where the Company’s bGen TES modules are manufactured. Having received the majority of equipment for the facility build-out, the Dimona facility is expected to start its initial production by May 2023. Full production capacity for up to 4,000 MWh of clean energy bGen TES modules annually is expected by the end of 2023. The equipment purchase order was financed through a non-dilutive €7.5 million credit facility with the European Investment Bank (“EIB”).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230330005551/en/

Brenmiller’s Dimona facility will produce 4,000 MWh of clean energy capacity through bGen TES modules annually. (Photo: Business Wire)

“We believe Brenmiller is on track for another TES industry first—that, by the end of 2023, it will become one of the first global TES companies with an operational TES production facility that will enable it to service the growing market demand.” stated Brenmiller President and CEO Avi Brenmiller. “The impending completion of our production facility is well timed, as we expect to increase commercial orders based on our current project pipeline and the completion of pilot projects now underway.”

Brenmiller’s bGen TES system is an intelligent, scalable, and cost-effective technology that provides industrial facilities and power producers around-the-clock low-carbon heat. In addition to renewables, the bGen system can store energy generated by waste heat, biomass, and other types of clean energy for minutes, hours, or days and produce steam, hot water, or hot air that can be accessed on-demand. This provides critical reliability, protection from renewable intermittency and fluctuations in energy market prices, as well as a solution to decarbonize heat generation.

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. For example, the Company is using forward-looking statements in this press release when it discusses its belief that it is on track to become one of the first global thermal energy storage (TES) companies with an operational TES production facility that will enable it to service the growing market demand, the expectation that the Dimona facility will start its initial production by May 2023, that full production capacity for up to 4,000 MWh of clean energy bGen TES modules annually is expected by the end of 2023, its expectation to increase commercial orders based on its current project pipeline and the completion of pilot projects now underway, and the potential benefits of its bGen TES. 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. 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 prospectus dated March 21, 2023 filed with the U.S. Securities and Exchange Commission (“SEC”), which is 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.

¹TAM is estimated by Brenmiller based on Grand View Research report Industrial Boilers Market Size, Share & Trends Analysis Report and McKinsey & Company Net Zero Heat report, November 2022: Long Duration Energy Storage

View source version on businesswire.com: https://www.businesswire.com/news/home/20230330005551/en/

Media:

Tori Bentkover

[email protected]

KEYWORDS: United States North America Israel Middle East

INDUSTRY KEYWORDS: Other Energy Utilities Sustainability Environment Alternative Energy Energy Environmental Health Green Technology

MEDIA:

Logo

Photo

Brenmiller’s Dimona facility will produce 4,000 MWh of clean energy capacity through bGen TES modules annually. (Photo: Business Wire)

March 30, 2023 9:33 am

Community Health Systems Addresses Social Determinants of Health and Supports Local Charitable Organizations

Community Health Systems Addresses Social Determinants of Health and Supports Local Charitable Organizations

FRANKLIN, Tenn.–(BUSINESS WIRE)–
Hospitals and healthcare systems affiliated with Community Health Systems, Inc. (NYSE: CYH) spent the month of March putting their care for the community into action. This year, CHS-affiliated hospitals celebrated National Doctors’ Day with charitable donations to non-profit organizations on behalf of physicians on their medical staffs. The organization also launched its first Jars of Love Peanut Butter Drive, an initiative to address food insecurity, a social determinant of health, in communities where its affiliates operate.

Local charities have a significant impact on the lives of area residents and provide much needed support for vulnerable populations. To honor physicians on National Doctors’ Day on March 30, 2023, CHS-affiliated hospitals donated $216,100 to a wide range of charitable organizations, many of whom work to address social determinants of health across their communities.

Commenting on the Doctors’ Day donations, Tim L. Hingtgen, Chief Executive Officer of Community Health Systems said, “Each day, physicians working across our organization put their skills to work helping people get well and live healthier. Through donations to causes that matter to them, we express our collective respect and gratitude for their work, partnership, and the important role they play in our communities.”

According to the United States Department of Agriculture (USDA), more than 34 million people in the United States, including nine million children, are food insecure. Access to nutritious food can have a significant impact on an individual’s overall health and wellbeing. Through the Jars of Love Peanut Butter Drive that took place this month, employees across the organization collected more than 64,000 jars of peanut butter, and other nut butters – enough to make more than one million peanut butter sandwiches. Peanut butter is high in nutritional value, has a long shelf life, and enjoys widespread popularity, making it a much needed item for food banks. All of the collected peanut butter will be donated to local food banks in the communities where it was donated.

Hingtgen continued, “As an organization, we are deeply aware of the opportunity we have to make a positive impact on our patients and communities, which extends beyond the quality healthcare services we provide. We look forward to continuing to support community organizations as we work toward a healthy future for all.”

About Community Health Systems, Inc.

Community Health Systems, Inc. is one of the nation’s largest healthcare companies. The Company’s affiliates are leading providers of healthcare services, developing and operating healthcare delivery systems in 45 distinct markets across 16 states. CHS subsidiaries own or lease 79 affiliated hospitals with approximately 13,000 beds and operate more than 1,000 sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.” More information about the Company can be found on its website at www.chs.net.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230330005221/en/

Investor Contacts:

Kevin J. Hammons

President and Chief Financial Officer

615-465-7000

or

Shelly K. Schussele

Senior Director, Investor Relations

615-465-2732

or

Media Contact:

Rebecca Ayer Pitt

Vice President, Corporate Communications

615-465-2750

KEYWORDS: United States North America Tennessee

INDUSTRY KEYWORDS: General Health Professional Services Family Philanthropy Consumer Social Services Hospitals Fund Raising Children Nursing Environmental, Social and Governance (ESG) Health

MEDIA:

Logo

March 30, 2023 9:33 am

Comcast Business “Serves” up Next Generation Connectivity for the Arlen Specter US Squash Center

Comcast Business “Serves” up Next Generation Connectivity for the Arlen Specter US Squash Center

Preeminent squash facility and center of excellence readies for the future with game-changing network

PHILADELPHIA–(BUSINESS WIRE)–Comcast Business today announced that it is providing the Arlen Specter US Squash Center – home of US Squash and the country’s largest squash facility – with next-generation wired and wireless connectivity, paired with enterprise Internet of Things (IoT) solutions from MachineQ. Together, these technologies are helping the “Specter Center” improve back-of-house functions that drive operational efficiencies, deliver a rich fan experience, and facilitate training to enhance player performance.

Opened in 2021 and located in Philadelphia’s University City, the 76,000 square foot Specter Center is the home of US Squash and the world’s largest community squash center, providing world-class training resources to Team USA Squash athletes, hosting more than 25 national and international tournaments every year, and offering broad community access to its 20 courts. As the first physical space of US Squash, the Specter Center aimed to build a scalable network that would enable the facility to maintain its position as a state-of-the-art facility, both now and well into the future.

The Specter Center chose Comcast Business to deploy a mix of wired and wireless technologies to meet all its needs, including a next-generation network with Enterprise Dedicated Internet (EDI), Business VoiceEdge cloud-based telecommunications, X1 for Business TV and Enterprise IoT solutions from MachineQ. The facility is also trialing a 5G private wireless network solution installed by Comcast Business that leverages CBRS technology from Comcast Business vendor, Highway9 Networks.

Private wireless networks offer wireless broadband speed and capacity with reliability and low latency, enabling sporting venues like the Specter Center to support their rapidly expanding ecosystem of connected devices. This includes connecting point-of-sales, fan experiences, access controls and more.

“With Comcast Business, we never need to ask, ‘Can our infrastructure handle that?’ because we know it can,” said Ned Edwards, Executive Director, Arlen Specter US Squash Center. “From the very beginning, Comcast Business has helped us achieve our mission of creating and promoting opportunities to increase access to the sport and pursuing excellence on and off the court.”

Together, these technologies enable the Specter Center to:

Preserve the quality of courts and help protect the facility by monitoring changes in temperature, humidity and potential leaks that could negatively impact court conditions or damage IT, mechanical and electrical equipment.
Simultaneously live stream every match from every court, so fans never miss a beat – whether it’s with low latency on the facility’s eight suspended 13-foot digital video walls or at home. Substantial bandwidth enables greater streaming/broadcasting uploads and downloads, while allowing flexibility for outside broadcast teams to easily set up within the space.
Help athletes manage every aspect of their game with new technology that will allow any player to record and access their match or practice session through their player profile to analyze – and improve – their play.

“A next-generation facility like the Specter Center demands a next-generation network,” said Scott Cohen, Executive Director of Strategic Wireless Solutions, Comcast Business. “We are proud to serve yet another one of Philadelphia’s state-of-the-art sporting facilities and provide scalable, future-ready technologies – both wired and wireless – that will keep the Specter Center at the leading edge of sports for years to come.”

About Comcast Business

Comcast Business offers a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless, and Managed Solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services.

For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social.

About MachineQ

MachineQ, a Comcast Company, makes it simple for enterprises to build, connect and deploy IoT solutions at scale. Our fully integrated IoT network connectivity platform delivers enhanced security and reduced total cost of ownership, while giving customers a single provider for technology, development, service, and support. Our end-to-end IoT solutions and partnerships with leading solution providers address a wide range of business challenges in key markets such as real estate, food service, retail, manufacturing, healthcare, utilities, government, and agriculture. For more information, visit www.MachineQ.com.

LoRaWAN® is used under license from the LoRa Alliance®.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230330005045/en/

Media:

Matt Helmke, Corporate Communications

Comcast Corporation

215.286.8666

[email protected]

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: 5G Security Other Technology Other Entertainment Telecommunications TV and Radio Software Networks Internet Hardware VoIP Technology Entertainment Mobile/Wireless Other Sports General Sports Sports General Entertainment

MEDIA:

Logo

March 30, 2023 9:28 am

Toll Brothers Announces Grand Opening of Clubhouse Amenities at its Bartram Ranch Community in St. Johns, Florida

Single-family luxury home community offers family-centered lifestyle with new amenities

ST. JOHNS, Fla., March 30, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of the highly anticipated community clubhouse and resident amenities at Bartram Ranch, a picturesque neighborhood featuring luxury single-family homes within the St. Johns County School District in St. Johns, Florida.

Imbued with the region’s traditional, historic Florida ambiance, Bartram Ranch is distinguished by its oversized home sites and natural setting offering a variety of one- and two-story single-family homes featuring coastal, craftsman, and farmhouse architecture. Homes are priced from the mid-$500,000s.

The new community clubhouse, The Trailhouse, is now open, offering homeowners multiple indoor and outdoor entertaining spaces, a community kitchen, a fitness center, a zero-depth entry pool, a practice sports field, and a children’s playground. The clubhouse features warm inviting décor and striking architectural design with soaring ceilings in the main lounge areas.

“Bartram Ranch offers a variety of home designs and a stunning community clubhouse in the highly desirable St. Johns County School District,” said Greg Netro, Group President of Toll Brothers. “Since this community first opened for sale, we’ve experienced incredible demand and interest. We invite prospective home buyers to tour our amazing new clubhouse that will serve as a gathering place for the community.”

Bartram Ranch offers easy accessibility to a myriad of shopping and dining options, Atlantic Ocean beaches, and downtown Jacksonville via 9B and I-95. This community is also a short drive to historic downtown St. Augustine.

Home buyers will also experience the Toll Brothers Design Studio in Jacksonville. The state-of-the-art Design Studio allows buyers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. Bartram Ranch also offers quick move-in homes that allow buyers to purchase the new luxury home they want, even when the luxury of time is not available.

For more information on Bartram Ranch and other Toll Brothers communities in Florida, call 844-871-7466 or visit TollBrothers.com/FL.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 56 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

Toll Brothers was named the #1 Home Builder in Fortune magazine’s 2023 survey of the World’s Most Admired Companies®, the eighth year it has been so honored. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

CONTACT: Andrea Meck | Director, Public Relations & Social Media | 215-938-8169, [email protected]

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/0d4f8675-de60-4b40-afee-4811c58d2f1a
https://www.globenewswire.com/NewsRoom/AttachmentNg/ad57cb2e-84d1-4c86-9948-4bf0b2c47d39

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)

March 30, 2023 9:22 am

Volcon ePowersports Launches New Grunt EVO and Runt LT Off-Road Motorcycles

Volcon unveils Grunt EVO, the new edition of its original Grunt motorcycle, along with its smaller counterpart, the Runt LT; build yours today!

AUSTIN, Texas, March 30, 2023 (GLOBE NEWSWIRE) — Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today it has launched the new Grunt EVO and the Runt LT. The EVO is the latest edition of the Company’s original all electric off-road motorcycle using Volcon’s Exo-Arch frame and fat-tired design, now affectionately called the Grunt Founders Edition (FE) internally. The EVO streamlines design, comfort, and style while offering improvements based on Grunt consumer feedback.

Like its predecessor, the EVO will utilize the Company’s proprietary Exo-Arch frame design and offer a wide range of off-road capabilities across several landscapes and uses. The EVO is a leaner, lighter and quieter evolution of the Company’s original off-road moto, with updates to the overall riding experience. Contributing to EVO’s stealth is the use of the Gates Carbon Belt Drive system, making it ideal for hunters or tending land with livestock. The Gates Carbon Drive (Moto X9) requires less maintenance and is more energy efficient than traditional chains leading to improved range. Another key update is a newly designed progressive rear suspension with a premium, custom tuned, coilover shock from Walker Evans Racing.

Comfort is another key theme in the EVO design. A more ergonomic, scalloped seat profile and material changes increase comfort and impact absorption. Upgrades in footpeg position and mounting create a better rider angle, improving ergonomics and providing a more plush feel during off-road adventures. This latest edition will have the same torqued, 60V power system and the undeniably valuable IP67 rating, making it water, sand, and snow proof. Another key EVO development is the overall weight reduction of nearly 20 percent.

Aesthetically speaking, the EVO is slimmer and incorporates a cosmetic upgrade with new stylized fairings added to the bike. These fairings not only add an aggressive design element, but also protect the battery and enhance aerodynamics. Further refinements including placing all electrical components under the seat, giving the EVO a clean and minimal finishing touch. The EVO will come in three colorways: Bandit Black, Del Rio Red, and Desert Dune – each an ode to the company’s Texas roots. Accessories will include a trailer hitch attachment, which can tow 750 lbs, rear rack and other storage options.

The long anticipated Runt LT, the downsized, abridged version of the Grunt will be making its debut to powersports dealerships near you this spring. The Volcon Runt LT boasts many of the same benefits of the EVO, while also having some unique callouts of its own. The Runt’s low 27 inch seat height makes it a great option for the smaller stature or as fantastic pit bikes. Unlike its predecessor the Grunt, the Runt LT features an in-wheel hub motor, giving riders higher torque and increased control of vehicle dynamics. The Runt LT reaches speeds of up to 35 mph and 25 miles of range on a single battery charge. Inverted forks, pivotless adjustable rear shock, and hydraulic disc brakes give it one of the smoothest rides of any off-road motorcycle in its class. Luminous LED headlights keep the rider’s path brightly and safely lit while cruising off-road terrain.

Akin to the EVO, the Runt LT has three ride modes displayed on its large LCD display screen. While not named like the modes in the Grunt, they’re similar in speed capacity with mode one through three, hitting speeds of 15 mph, 25 mph, and 35 mph respectively. The Runt will come in Del Rio Red and Desert Dune colorways and only weighs 147 lbs. The Runt LT completes a two-wheel, family-focused product suite, aligning with the Company’s core values of promoting time spent outdoors for everyone.

“Nothing compares to the fun of bonding with your family in the great outdoors, so to offer a line of products that make that achievable for all kinds of families, regardless of their level of motorcycle experience, is fulfilling, personally and professionally,” said Melissa Coffey, Volcon Vice President of Global Revenue and Business Development. “Giving everyone in the family an option for low maintenance, easy-to-ride, fun is the catalyst for empowering adventure, especially with financing options through our incredible dealership network,” Coffey continued.

The Company aims to widen their customer base with these new editions, targeting outdoor enthusiasts, traditional powersports families, wildlife conservation groups, and other audiences needing silent, rugged vehicles with exceptional all-terrain capabilities. Volcon is scheduled to ship the EVO and Runt LT to dealers in Q2 of this year. Customers can start creating builds of both motorcycles on Volcon.com starting March 30, 2023. Once ready, customers can pick up their motorcycle from their local powersports dealer.

About

Volcon, Inc.

Based in the Austin, Texas area, Volcon was founded as the first all-electric powersports company producing high-quality and sustainable electric vehicles for the outdoor community. Volcon electric vehicles are the future of off-roading, not only because of their environmental benefits, but also because of their near silent operation, which allows for a more immersive outdoor experience.

Volcon’s 2023 vehicle roadmap includes both motorcycles and UTVs hitting the market in North America. Its first product, the innovative Grunt, has been shipping to customers since late 2021 and combines a fat-tired physique with high-torque electric power and a near-silent drive train. The Runt, which is a fun-sized version of the groundbreaking Grunt, is better suited for small statured riders, more compact properties and trails, or as a pit bike at race events, while still delivering robust off-road capabilities. The Brat is Volcon’s first foray into the wildly popular eBike market for both on road and off-road riding and is currently being delivered to dealers across North America. Volcon is also launching and currently delivering the Volcon Youth Line of dirt bikes for younger riders between the ages of 4 to 11. Volcon recently launched the Stag and entered the rapidly expanding UTV market. The Stag empowers the driver to explore the outdoors in a new and unique way that gas-powered UTVs cannot. The Stag offers the same thrilling performance of a standard UTV without the noise (or pollution), allowing the driver to explore the outdoors with all their senses.

Volcon Contacts

For Media: [email protected]
For Sales: [email protected]
For Investors: [email protected]

Volcon Products

Volcon Brat: https://www.volcon.com/brat
Volcon Grunt EVO: https://www.volcon.com/grunt-evo
Volcon Runt LT: https://www.volcon.com/runt-lt
Volcon Youth Line: https://www.volcon.com/youth
Volcon Stag (Powered by GM): https://www.volcon.com/stag

For more information on Volcon or to learn more about its complete motorcycle and side-by-side line-up, visit: www.volcon.com

Forward-Looking Statements

Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including “believes,” “estimates,” “anticipates,” “expects,” “plans,” “projects,” “intends,” “potential,” “may,” “could,” “might,” “will,” “should,” “approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d05a7bbb-a061-4aab-9215-991ec362d1ce

March 30, 2023 9:21 am

OceanPal Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2022

ATHENS, Greece, March 30, 2023 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported a net loss of $2.5 million and a net loss attributed to common stockholders of $3.0 million for the fourth quarter of 2022. Time charter revenues for the same period were $5.7 million. This compares to net income of $143 thousand and net income attributed to common stockholders of $74 thousand for the fourth quarter of 2021. Time charter revenues for the same period were $1.3 million. The condensed financial data of the Company for the period from April 15, 2021 (inception) to December 31, 2021 reflect the operation of the vessels starting from November 30, 2021. Operations prior to the November 30, 2021, consisted primarily of organizational expenses.

Net loss for the year ended December 31, 2022 amounted to $326 thousand and net loss attributed to common stockholders amounted to $2.7 million. Time charter revenues for the same period were $19.1 million. This compares to net income of $134 thousand and net income attributed to common stockholders of $65 thousand for the period from inception (April 15, 2021) through December 31, 2021.


	Fleet Employment Profile (As of March 30, 2023)
	OceanPal Inc.’s fleet is employed as follows:
	Vessel	Sister Ships*	Gross Rate (USD/Day)	Com**	Charterers	Delivery Date to Charterers***	Redelivery Date to Owners****	Notes
	BUILT DWT

	3 Panamax Bulk Carriers
1	PROTEFS	A	$16,250	5.00%	Louis Dreyfus Company Suisse S.A.	23-Sept-22	24-Nov-22	1
	2004 73,630		$12,000	5.00%	Ssangyong C&E Co., Ltd	25-Nov-22	18-Dec-22
			$7,000	5.00%	GUO LONG XIANG LIMITED	18-Dec-22	24-Jan-23
			$11,640	5.00%	LOUIS DREYFUS COMPANY FREIGHT ASIA PTE LTD	24-Jan-23	13-May-23 – 06-Aug-23	2, 3
2	CALIPSO	A	$19,600	5.00%	ETG Commodities Ltd.	02-Jul-22	03-Nov-22
	2005 73,691		$15,250	5.00%	Al Ghurair Resources International LLC	03-Nov-22	25-Jan-23
			$8,000	5.00%	NORVIC SHIPPING ASIA PTE. LTD.	26-Jan-23	02-Mar-23	4
			$11,000	5.00%	LIANYI SHIPPING LIMITED	26-Mar-23	25-Apr-23 – 30-Apr-23	5
3	MELIA		$6,300	5.00%	GUO LONG XIANG LIMITED	10-Feb-23	18-Mar-23
	2005 76,225		$13,800	5.00%	TRANSPOWER MARINE PTE. LTD.	18-Mar-23	06-Apr-23	6

	2 Capesize Bulk Carriers
4	SALT LAKE CITY		$29,750	5.00%	Koch Shipping Pte. Ltd.	09-Jun-22	14-Oct-22
	2005 171,810		$13,000	5.00%	Hyundai Glovis Co., Ltd	14-Oct-22	20-Nov-22
			$8,000	5.00%		20-Nov-22	20-Dec-22
			$10,000	5.00%	Oldendorff GmbH & Co. KG	20-Dec-22	26-Feb-23
			$5,100	5.00%	RICHLAND BULK PTE. LTD.	26-Feb-23	07-Apr-23	7
5	BALTIMORE		$15,000	5.00%	Hyundai Glovis Co., Ltd	21-Sep-22	03-Nov-22	8
	2005 177,243		$12,900	5.00%	Enesel Bulk Logistics DMCC	03-Nov-22	07-Feb-23
			$13,300	5.00%	Koch Shipping Pte. LTd., Singapore	08-Feb-23	08-Jul-23 – 23-Oct-23
* Each dry bulk carrier is a “sister ship”, or closely similar, to other dry bulk carriers that have the same letter.
** Total commission percentage paid to third parties.
*** In case of newly acquired vessel with new time charter attached, this date refers to the expected/actual date of delivery of the vessel to the Company.
**** Range of redelivery dates, with the actual date of redelivery being at the Charterers’ option, but subject to the terms, conditions, and exceptions of the particular charterparty. ¹Charterer paid an additional one-time gross ballast bonus of $625,000. ²Redelivery date based on an estimated time charter trip duration of about 120-195 days. ³The charter rate is US$5,500 per day for the first 32 days of the charter period. ⁴Vessel on scheduled drydocking from March 05, 2023 to March 22, 2023. ⁵Redelivery date based on an estimated time charter trip duration of about 30-35 days. ⁶Redelivery date based on an estimated time charter trip duration of about 19 days. ⁷Redelivery date based on an estimated time charter trip duration of about 40 days. ⁸For the last three (3) days of the time charter duration, the gross charter rate was US$18,000 per day, minus a 5% commission paid to third parties, as per the agreed charterparty, which states that for each additional day exceeding the first forty (40) days of the time charter trip, the gross charter hire will be US$18,000 per day.

Summary of Selected Financial & Other Data
			Three months ended December 31,				For the year ended December 31,		For the period from inception (April 15, 2021) to December 31,
			2022		2021		2022		2021
			(unaudited)		(unaudited)		(unaudited)
STATEMENT OF OPERATIONS DATA (in thousands of US Dollars)
	Time charter revenues	$	5,724	$	1,334	$	19,085	$	1,334
	Voyage expenses		2,891		54		3,680		54
	Vessel operating expenses		2,234		360		6,880		360
	Net income/(loss) and comprehensive income/(loss)		(2,488)		143		(326)		134
	Net income/(loss) attributed to common stockholders		(2,995)		143		(2,674)		134
FLEET DATA
	Average number of vessels		4		3		3.3		3
	Number of vessels		4		3		4		3
	Weighted average age of vessels		17.7		16.7		17.7		16.7
	Ownership days		368		96		1,197		96
	Available days		368		96		1,154		96
	Operating days		357		96		1,117		96
	Fleet utilization		97.0%		100.0%		96.8%		100.0%
AVERAGE DAILY RESULTS
	Time charter equivalent (TCE) rate⁽¹⁾	$	7,698	$	13,333	$	13,349	$	13,333
	Daily vessel operating expenses⁽²⁾	$	6,071	$	3,750	$	5,748	$	3,750

Non-GAAP Measures

⁽¹⁾Time charter equivalent rates, or TCE rates, are defined as our time charter revenues less voyage expenses during a period divided by the number of our Available days during the period, which is consistent with industry standards. Voyage expenses include port charges, bunker (fuel) expenses, canal charges and commissions. TCE is a non-GAAP measure. TCE rate is a standard shipping industry performance measure used primarily to compare daily earnings generated by vessels on time charters with daily earnings generated by vessels on voyage charters, because charter hire rates for vessels on voyage charters are generally not expressed in per day amounts while charter hire rates for vessels on time charters are generally expressed in such amounts.

⁽²⁾Daily vessel operating expenses, which include crew wages and related costs, the cost of insurance, expenses relating to repairs and maintenance, the costs of spares and consumable stores, tonnage taxes and other miscellaneous expenses, are calculated by dividing vessel operating expenses by ownership days for the relevant period.

About the Company

OceanPal Inc. is a global provider of shipping transportation services through its ownership of vessels. The Company’s vessels currently transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes and it is expected that the Company’s vessels will be primarily employed on short term time and voyage charters following the completion of their current employments.

Forward Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the severity, magnitude and duration of the COVID-19 pandemic, including impacts of the pandemic and of businesses’ and governments’ responses to the pandemic on our operations, personnel, and on the demand for seaborne transportation of bulk products; the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, including risks associated with the continuing conflict between Russia and Ukraine and related sanctions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

(See financial tables attached)

OCEANPAL INC.
FINANCIAL TABLES
Expressed in thousands of U.S. Dollars, except share and per share data

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME/(LOSS)
		Three months ended December 31,						Year ended December 31,			Period from inception (April 15, 2021) to December 31,
		2022			2021			2022			2021
REVENUES:		(unaudited)			(unaudited)			(unaudited)
Time charter revenues	$	5,724		$	1,334		$	19,085		$	1,334
EXPENSES:
Voyage expenses		2,891			54			3,680			54
Vessel operating expenses		2,234			360			6,880			360
Depreciation and amortization of deferred charges		1,701			354			4,896			354
General and administrative expenses		1,122			349			3,083			358
Management fees to related parties		258			74			878			74
Other operating (income)/loss		6			–			(6	)		–
Operating income/(loss)	$	(2,488	)	$	143		$	(326	)	$	134

Net income/(loss) and comprehensive income/(loss)	$	(2,488	)	$	143		$	(326	)	$	134
Deemed dividend on series D preferred stock upon issuance of common stock		(134	)		–			(134	)		–
Dividends on series C preferred shares		(239	)		(69	)		(950	)		(69	)
Dividends on series D preferred shares		(135	)		–			(252	)		–
Dividends on class A warrants		–			–			(1,012	)		–
Net income/(loss) attributed to common stockholders	$	(2,996	)	$	74		$	(2,674	)	$	65
Earnings/(Loss) per common share, basic*		(0.69	)		0.08			(0.86	)		0.07
Earnings/(Loss) per common share, diluted*	$	(0.69	)	$	0.12		$	(0.86	)	$	0.05
Weighted average number of common shares, basic*		4,313,545			882,024			3,113,108			882,024
Weighted average number of common shares, diluted*		4,313,545			1,227,569			3,113,108			1,227,569

* Adjusted to give effect to the 1 for 10 reverse stock split that became effective on December 22, 2022.


CONDENSED CONSOLIDATED BALANCE SHEET DATA
(in thousands of U.S. Dollars)

		December 31, 2022		December 31, 2021**
ASSETS		(unaudited)

Cash and cash equivalents	$	8,454	$	1,673
Other current assets		5,717		1,527
Vessels, net		63,672		45,728
Other non-current assets		1,175		152
Total assets	$	79,018	$	49,080

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities	$	2,459	$	931
Total stockholders’ equity		76,559		48,149
Total liabilities and stockholders’ equity	$	79,018	$	49,080

**The balance sheet data have been derived from the audited consolidated financial statements at that date.


OTHER FINANCIAL DATA
			Three months ended December 31,						Year ended December 31,			Period from inception (April 15, 2021) to December 31,
			2022			2021			2022			2021
			(unaudited)			(unaudited)			(unaudited)
	Net cash provided by / (used in) operating activities	$	(1,310	)	$	715		$	1,513		$	715
	Net cash used in investing activities		(96	)		(42	)		(5,094	)		(42	)
	Net cash provided by/ (used in) financing activities		(404	)		1,000			10,362			1,000

Corporate Contact:
Margarita Veniou
Chief Corporate Development & Governance Officer        
Telephone: +30-210-9485-360
Email: [email protected]
Website: www.oceanpal.com
Twitter: @OceanPal_Inc

Investor and Media Relations:
Edward Nebb
Comm-Counsellors, LLC
Telephone: + 1-203-972-8350
Email: [email protected]

March 30, 2023 9:20 am

WISeKey SEALSQ Launches Trusted Matter Security/Certificate Services for IoT Devices

Geneva, Switzerland – March 30, 2023: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI and IoT company, announced today that it will start providing its Security Services and Semiconductors to IoT device manufacturers adopting Matter Protocol, the leading standard for smart home devices from the Connectivity Standards Alliance (CSA). WISeKey’s Root Certificate Authority (CA) has been approved by the CSA for Matter device attestation and becomes a Product Attestation Authority (PAA).

SEALSQ Corp (“SEALSQ”) (www.sealsq.com), WISeKey’s wholly owned subsidiary will enable companies to quickly and easily get access to Device Attestation Certificates (DACs). The service is provided by INeS, the managed “PKI as a Service” platform without the necessity to invest and to deploy any hardware infrastructure. Each manufacturer using the platform can manage the security lifecycle of certificates and devices in their own dedicated, cloud-based application. SEALSQ will also be offering its complete range of FIPS Certified Secure Elements with pre-provisioning of keys and DACs ready for authentication under Matter Protocol.

This strong value proposition will enable smart home device manufacturers to achieve faster time to market through cost effective and simplified design processes when designing Matter compliant smart home products.

“We are pleased that WISeKey will provide its expertise to deliver manufacturers with Matter device attestation,” said Chris LaPre, Head of Technology at the Connectivity Standards Alliance. “WISeKey is an expert at designing, governing and managing large PKI ecosystems to ensure DAC supporting millions of connected devices and will continue to work closely with the Alliance to shape the security in the IoT space.”

“The unique combination of SEALSQ’s on-chip or cloud-based provisioning services with the Matter Root-of-Trust PAA will help our customers save time and money in achieving Matter security compliance,” said Bernard Vian, General Manager of WISeKey Semiconductors.

The growing adoption of Matter standard for the smart home industry will greatly improve interoperability between devices and security-by-design in the smart home industry, creating a more efficient and safer experience for consumers. This is in full alignment with SEALSQ’s mission to contribute in building a safer connected world, as described on SEALSQ Device Attestation for Matter.

Matter participants may gain the following benefits by partnering with SEALSQ:

Accelerate time to market in achieving Matter compliance.
Save money by avoiding the costs of technology, maintenance, staffing and ongoing compliance.
Enjoy flexible deployment options, including on-premises, hosted or batch issuance.
Simplify management of device attestation certificates and product attestation intermediates through SEALSQ INeS CMS Platform for IoT.
Gain efficiencies using a scalable platform to sign and secure device updates.

Matter, an industry-led effort of the CSA, brings together the world’s leading manufacturers and service providers to achieve secure, reliable and seamless use of smart home devices. Matter enables IP-based networking and communication across smart home devices, mobile applications and smart home ecosystems. Matter devices offer consumers assurances of secure use through a consortium-led standard for authenticating device identity that only allows Matter-certified devices to connect to the network. Device attestation process allows existing Matter devices to locally confirm new ones when recognized by the local network, and quickly remove non-compliant devices when needed.

About SEALSQ

SEALSQ is a wholly owned subsidiary of the WISeKey Group that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products. Our Post-Quantum solutions include Post-Quantum microchips and devices that can be used in a variety of applications, from Multi-Factor Authentication devices, Home Automation, and IT Network Infrastructure, to Automotive, Industrial Automation and Control Systems.

Post-Quantum Cryptography (PQC) refers to cryptographic methods that are secure against an attack by a quantum computer. As quantum computers become more powerful, they may be able to break many of the cryptographic methods that are currently used to protect sensitive information, such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to develop new cryptographic methods that are secure against quantum attacks. For more information, visit www.sealsq.com

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:

WISeKey International Holding Ltd

Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
[email protected]

WISeKey Investor Relations (US)

Contact: Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
[email protected]

Disclaimer:

This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

March 30, 2023 9:18 am

Blink Charging Announces the Integration and Rebranding of UK and Ireland’s Leading EV Charging Provider EB Charging as Blink Charging UK

Following its acquisition in 2022
,
EB
Charging
is now
operating
as Blink
Charging
UK
,
solidifying
Blink
’
s presence
in
the
U
nited
K
ingdom
and Ireland
, and
furthering the
C
ompany’s rapid expansion in
Europe

Miami Beach, Fla., St Albans, UK, March 30, 2023 (GLOBE NEWSWIRE) —
Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the rebranding of EB Charging to Blink Charging UK following its acquisition in April 2022. The rebrand provides Blink with a significant visible footprint of more than 1225 chargers in the United Kingdom and Ireland.

“The market opportunity in the United Kingdom and Ireland is substantial and was a significant factor in our consideration for the EB Charging acquisition,” said Michael D. Farkas, Founder and Chief Executive Officer of Blink Charging. “While overall vehicle sales in the United Kingdom are slow, EVs outpaced expectations, accounting for nearly 17% of new vehicle registrations last year. The acceleration of EV adoption demands the EV charging infrastructure to support it. With Blink now having a solid foundation and growing brand awareness across the region, we can further accelerate our charging network globally.”

Blink acquired EB Charging in April 2022 due to its reputation as an established and well-known EV charging infrastructure company with a proven track record of success. It has developed a reputation for providing outstanding EV charging services to more than 50 councils as well as to an extensive list of private clients, NHS healthcare trusts, universities, and fleets.

The rebrand to Blink Charging UK includes an updated look to the existing EB Charging branded chargers, an updated look to the EV driver mobile app, the “Blink Charging – EB Go!”, and a refreshed Blink look to the website and external sales and marketing assets.

Farkas added: “The launch of Blink in the United Kingdom and Ireland through the strategic acquisition and rebrand of EB Charging as Blink Charging UK complements both companies’ shared mission to advance EV adoption with a desire to see zero-emission towns and cities everywhere.”

###

About Blink Charging

Blink Charging Co. (Nasdaq: BLNK), a leader in electric vehicle (EV) charging equipment, has deployed nearly 66,000 charging ports across 27 countries, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of Blink’s charging locations worldwide. Blink’s principal line of products and services includes the Blink EV charging network (“Blink Network”), EV charging equipment, EV charging services, and the products and services of recent acquisitions, including SemaConnect, Blue Corner and BlueLA. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to rise to 10 million vehicles by 2025 from approximately 2 million in 2019, Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs. For more information, please visit https://www.blinkcharging.com/.

Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including our estimate of U.S. charger production and those described in Blink Charging’s 10-K Form for the year 2022, and other periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Investor Relations Contact
[email protected]
855-313-8187

Blink Media Contact
[email protected]

March 30, 2023 9:17 am

Fiserv Named to Fortune Ranking of America’s Most Innovative Companies

Fiserv Named to Fortune Ranking of America’s Most Innovative Companies

Top organizations recognized for product and process innovation, and innovation culture

BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has been recognized for its ability to inspire and deliver innovation on behalf of its clients with inclusion in Fortune® America’s Most Innovative Companies, which takes a holistic view of a company’s innovative activity. Companies were chosen based on surveys of employees and experts in various field, and an independent analysis of the quantity and value of the company’s patents.

“We are proud to be among such a dynamic roster of innovators, many of whom we partner with to design intentional experiences that create value for their stakeholders, elevating and advancing the way money and information moves,” said Frank Bisignano, Chairman, President and Chief Executive Officer of Fiserv. “This recognition is a reflection of our winning strategy, our commitment to innovating for our clients’ benefit, and a culture fostered by all of our associates across the company, who bring their best each day to help our clients win.”

Fortune and Statista Inc., the world-leading statistics portal and industry ranking provider, selected America’s Most Innovative Companies 2023 based on an evaluation of product innovation, process innovation, and innovation culture, which includes the introduction of a corporate culture that promotes creativity and entrepreneurial spirit.

The 300 companies headquartered in the U.S. with the best overall score, and that met at least two out of three of the following requirements, were recognized:

The company received votes from employees
The company received votes from experts
The company has patents and a LexisNexis PatentSight Score

Fiserv was also named one of Fortune “World’s Most Admired Companies” this year, with innovation ranked as one of its most notable attributes.

These recognitions highlight the company’s ongoing commitment to innovation at all levels. Through the Fiserv Innovation Network (FIN), which serves as a unifying framework that connects and elevates all innovation-related initiatives, strategies, programs and partnerships across the company, associates in all roles are encouraged to raise and share innovative ideas to continuously enhance Fiserv processes, products and solutions.

For evaluation of innovation culture and the internal view of process innovation, Fortune and Statista deployed online surveys through which employees could score their own company using a scale system. For evaluation of the external view of process innovation and product innovation, Statista surveyed experts in various fields — from recruiters to management consultants and patent attorneys. For evaluation of the IP portfolio, Statista cooperated with LexisNexis and used their platform to analyze the quantity and value of a company’s patents.

In a world that is moving more quickly than ever before, Fiserv helps clients deliver solutions in step with the way people live and work today – financial services at the speed of life. Learn more at fiserv.com.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index and one of Fortune® World’s Most Admired Companies™. Visit fiserv.com and follow on social media for more information and the latest company news.

FISV-G

View source version on businesswire.com: https://www.businesswire.com/news/home/20230330005533/en/

Media Relations:

Mark D. Jelfs

Senior Manager, External Communications

Fiserv, Inc.

262-737-8244

[email protected]

Additional Contact:

Ann S. Cave

Vice President, External Communications

Fiserv, Inc.

678-325-9435

[email protected]

KEYWORDS: United States North America Wisconsin

INDUSTRY KEYWORDS: Software Payments Banking Data Management Professional Services Technology Fintech Digital Cash Management/Digital Assets

MEDIA:

Logo