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Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Notification of Sources of Distributions

Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Notification of Sources of Distributions

SAN MATEO, Calif.–(BUSINESS WIRE)–
Franklin Limited Duration Income Trust [NYSE American: FTF]:

Notification of Sources of Distributions

Pursuant to Section 19(a) of the Investment Company Act of 1940

The Fund’s estimated sources of the distribution to be paid on June 30, 2023 and for the fiscal year 2023 year-to-date are as follows:

Estimated Allocations for June Monthly Distribution as of May 31, 2023:

Distribution

Per Share

Net Investment

Income

Net Realized

Short-Term Capital

Gains

Net Realized

Long-Term Capital

Gains

Return of

Capital

$0.0590

$0.0290 (49%)

$0.00 (0%)

$0.00 (0%)

$0.0300 (51%)

Cumulative Estimated Allocations fiscal year-to-date as of May 31, 2023, for the fiscal year ending December 31, 2023:

Distribution

Per Share

Net Investment

Income

Net Realized

Short-Term Capital

Gains

Net Realized

Long-Term Capital

Gains

Return of

Capital

$0.2982

$0.1656 (56%)

$0.00 (0%)

$0.00 (0%)

$0.1326 (44%)

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s Plan. FTF estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the FTF distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect FTF’s investment performance and should not be confused with ‘yield’ or ‘income’. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.

Average Annual Total

Return (in relation to

the change in net asset

value (NAV) for the 5-

year period ended on

5/31/2023)1

Annualized

Distribution Rate (as a

percentage of NAV for

the current fiscal

period through

5/31/2023)2

Cumulative Total

Return (in relation

to the change in

NAV for the fiscal

period through

5/31/2023)3

Cumulative Fiscal

Year-To-Date

Distribution Rate (as

a percentage of NAV

as of 5/31/2023)4

-0.12%

10.09%

3.66%

4.25%

Fund Performance and Distribution Rate Information:

  1. Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through May 31, 2023. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  2. The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through May 31, 2023.
  3. Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2022 through May 31, 2023, assuming reinvestment of distributions paid.
  4. The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period (December 31, 2022 through May 31, 2023), as a percentage of the Fund’s NAV as of May 31, 2023.

The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan pursuant to which the Fund makes monthly distributions to shareholders at an annual minimum fixed rate of 10%, based on the average monthly NAV of the Fund’s common shares (the “Plan”). The Fund calculates the average NAV from the previous month based on the number of business days in the month on which the NAV is calculated. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended to narrow the discount between the market price and the NAV of the Fund’s common shares, but there can be no assurance that the Plan will be successful in doing so. The Fund is managed with a goal of generating as much of the distribution as possible from net ordinary income and short-term capital gains, that is consistent with the Fund’s investment strategy and risk profile. To the extent that sufficient distributable income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution rate. A return of capital may occur, for example, when some or all of the money that was invested in the Fund is paid back to shareholders. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”. Even though the Fund may realize current year capital gains, such gains may be offset, in whole or in part, by the Fund’s capital loss carryovers from prior years.

The Board may amend the terms of the Plan or terminate the Plan at any time without prior notice to the Fund’s shareholders. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund’s common shares. The Plan will be subject to the periodic review by the Board, including a yearly review of the annual minimum fixed rate to determine if an adjustment should be made.

For further information on Franklin Limited Duration Income Trust, please visit our web site at: www.franklintempleton.com

Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 75 years of investment experience and approximately $1.4 trillion in assets under management as of May 31, 2023. For more information, please visit franklintempleton.com.

Franklin Templeton

1-800-342-5236

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Banking Asset Management Professional Services Finance

MEDIA:

Notification of Sources of Distributions

Pursuant to Section 19(a) of the Investment Company Act of 1940 

The Fund’s estimated sources of the distribution to be paid on June 30, 2023 and for the fiscal year 2023 year-to-date are as follows:

Estimated Allocations for June Monthly Distribution as of May 31, 2023:

Distribution

Per Share

  

Net Investment

Income

  

Net Realized

Short-Term Capital

Gains

  

Net Realized

Long-Term Capital Gains

  

Return of Capital

$0.0425

  

$0.0295 (69%)

  

$0.00 (0%)

  

$0.00 (0%)

  

$0.0130 (31%)

Cumulative Estimated Allocations fiscal year-to-date as of May 31, 2023, for the fiscal year ending August 31, 2023:

Distribution

Per Share

  

Net Investment

Income

  

Net Realized

Short-Term Capital

Gains

  

Net Realized

Long-Term Capital

Gains

  

Return of Capital

$0.4437

  

$0.2217 (50%)

  

$0.0445 (10%)

  

$0.00 (0%)

  

$0.1775 (40%)

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s Distribution Policy. FT estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the FT distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect FT’s investment performance and should not be confused with ‘yield’ or ‘income’. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.

Average Annual Total Return (in relation to the change in net asset value (NAV) for the 5-year period ended on 5/31/2023)1

Annualized Distribution Rate (as a percentage of NAV for the current fiscal period through 5/31/2023)2

Cumulative Total Return (in relation to the change in NAV for the fiscal period through 5/31/2023)3

Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 5/31/2023)4

4.50%

6.93%

-3.46%

6.03%

Fund Performance and Distribution Rate Information:

  1. Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through May 31, 2023. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  2. The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through May 31, 2023.
  3. Cumulative Total Return is the percentage change in the Fund’s NAV from August 31, 2022 through May 31, 2023, assuming reinvestment of distributions paid.
  4. The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period August 31, 2022 through May 31, 2023, as a percentage of the Fund’s NAV as of May 31, 2023.

The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributions may vary based on the Fund’s net investment income. Past distributions are not indicative of future trends.

For further information on Franklin Universal Trust, please visit our web site at: www.franklintempleton.com

Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 75 years of investment experience and approximately $1.4 trillion in assets under management as of May 31, 2023. For more information, please visit franklintempleton.com.

For more information, please contact Franklin Templeton at 1-800-342-5236

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Personal Finance Finance Banking Professional Services Asset Management

MEDIA:

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Old Dominion Freight Line to Webcast Second Quarter 2023 Conference Call

Old Dominion Freight Line to Webcast Second Quarter 2023 Conference Call

THOMASVILLE, N.C.–(BUSINESS WIRE)–
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its second quarter 2023 financial results before opening of trading on Wednesday, July 26, 2023. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, July 26, 2023.

An online, real-time webcast of Old Dominion’s quarterly conference call will be available at www.odfl.com on Wednesday, July 26, 2023, at 10:00 a.m. (Eastern Time). The online replay will be available at approximately 1:00 p.m. (Eastern Time) and continue for 30 days. A telephonic replay of the call can be accessed starting at 1:00 p.m. (Eastern Time) and will be available through August 2, 2023, at 1-877-344-7529, access code 7609314.

Old Dominion Freight Line, Inc. is one of the largest North American less-than-truckload (“LTL”) motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. The Company also maintains strategic alliances with other carriers to provide LTL services throughout North America. In addition to its core LTL services, the Company offers a range of value-added services including container drayage, truckload brokerage and supply chain consulting.

Adam N. Satterfield

Senior Vice President – Finance and Chief Financial Officer

(336) 822-5721

KEYWORDS: United States North America North Carolina

INDUSTRY KEYWORDS: Trucking Rail Transport Logistics/Supply Chain Management

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Eastman Named to Forbes’ Net Zero Leaders List

Eastman Named to Forbes’ Net Zero Leaders List

KINGSPORT, Tenn.–(BUSINESS WIRE)–
Eastman (NYSE: EMN) today announced it has been recognized as part of Forbes’ first-ever Net Zero Leaders list highlighting the top 100 U.S. public companies positioning themselves to reduce greenhouse gas emissions and ultimately offset them by 2050.

“At Eastman, we believe there are always solutions to the challenges the world faces,” said Mark Costa, Eastman’s board chair and CEO. “Our innovations are driven with a specific goal in mind – to solve the world’s greatest challenges by creating the most sustainable materials. Eastman’s strategy is focused on leading principles where our purpose, leadership and actions continue to guide us toward carbon neutrality, circularity and caring for society. Our teams have been working incredibly hard on these challenging issues and we are honored to be named by Forbes to this important listing of Net Zero Leaders.”

Out of over 4,000 companies in the United States, 100 companies earned this distinction, and Eastman ranked number 46 on the list. This first-ever list was created using raw data from research providers Sustainalytics and Morningstar. Companies are considered in the context of their industry and location of business operations for the ranking. Also considered in the ranking are the company’s efforts with power suppliers, customers, and vendors as well as the company’s management structure to aid in risk assessment, governance, strategy, and metrics for achieving set goals.

The full awards list is available on Forbes.

About Eastman

​Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2022 revenues of approximately $10.6 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.

Eastman

Investors: Greg Riddle / 1-212-835-1620 / [email protected]

Media: Kristin Parker / 1-423-229-2526 / [email protected]

KEYWORDS: Tennessee United States North America

INDUSTRY KEYWORDS: Packaging Chemicals/Plastics Environment Manufacturing Sustainability Environmental Issues

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Noble Roman Continues Effort to Limit Shareholder Voting

Noble Roman Continues Effort to Limit Shareholder Voting

Vote Your Blue Proxy

WEST FARGO, N.D.–(BUSINESS WIRE)–
BT Brands, Inc. (Nasdaq: BTBD and BTBDW), (“BT”) Commenting on the June 28, 2023, press release by Noble Roman’s, Inc. (“NROM”), Gary Copperud, BT’s CEO, a NROM shareholder and nominee for the contested board seat, noted, “The Mobley’s are communicating their desperation in the press release. Of course, their claim that BT, in any manner, admitted it falsely represented its ownership of NROM stock is a total fabrication. Noble Roman’s attacks on the process are intended to divert investors’ attention from NROM’s management team’s abysmal financial performance over the last eight years, during which management continued to reward itself with exorbitant salaries and millions of stock options. Ironically, Paul Mobley (NROM’s Chairman) believes that he has effectively refuted our criticism of his company’s financial performance because the financial results are what they are. NROM’s financial performance speaks volumes about management and are clear to any reader. How have the facts shown actual performance been refuted? BT’s case to NROM shareholders always has been to state the facts regarding the company’s performance over the last eight years.” To demonstrate the transparency of the nomination and election process, Mobley noted that “(…our by-laws have been publicly available for many years)” when, in fact, NROM’s articles of incorporation are not available on the SEC website. If the company’s “foundational” (their word) documents are so essential and corporate governance is so important, raises the questions as to why investors cannot access several significant documents on the SEC website including the Articles of Incorporation, the Company’s stock option plan, and a Form 8-K describing the most recent revision in its senior debt agreement increasing monthly debt service to $83,000 from $33,000.

In detailed correspondence to NROM and its legal counsel, we set forth our explanation as to why, considering all of the facts, the validity of BT’s nomination of Mr. Copperud should be affirmed:

  • NROM has been aware and acknowledged in writing through its legal counsel and in conference calls that BT is a significant shareholder of NROM. This also would have been evident when Noble Roman’s received a Non-Objecting Beneficial Shareholder (NOBO) list in February 2023 (which NROM has failed to provide to BT despite our multiple requests to obtain a copy and NROM’s legal obligation to provide it to BT. Therefore, the Notice of Intent and the delay in notifying BT of this purported deficiency is only a late-game tactic devised to thwart the election of Mr. Copperud, denying shareholders their right to cast a vote for a candidate who, based on BT’s assessment (and we deduce, it is also the conclusion of NROM) has the overwhelming support of shareholders.

  • As management of NROM has been aware since February 2023, BT and Mr. Copperud own approximately 9% of the outstanding shares of NROM common stock, a fact transparent from Forms 13D and Form 3 filed by BT with the SEC. NROM’s delay in sending its recent deficiency letter to BT reeks of iniquity and objectively represents an attempt to disenfranchise NROM’s shareholders of their voice in managing their company. It is a clear attempt to gain an advantage when the shareholders most need representation on the board of directors, given the dismal financial performance and plummeting stock prices over the last eight years.

  • Rule 14a-1(i) under the Securities Exchange Act of 1934 defines a “record holder” to mean and include “any broker, dealer, voting trustee, bank, association or other entity that exercises fiduciary powers which hold securities of record in nominee name or otherwise or as a participant in a clearing agency registered under section 17A of the Act.” Under this definition, the SEC specifically recognizes a person that holds securities through a nominee is a “record holder” for purposes of the proxy solicitation rules of Regulation 14A under the Exchange Act. Further, NROM’s bylaws recognize that owning stock in street name, where approximately 21 million of the 22.5 million outstanding shares of NROM common stock are held, constitutes ownership of common stock by defining a “Shareholder Associated Person” as “any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such shareholder.” (emphasis ours) NROM’s foundational document formally recognizes that a beneficial owner of securities is a shareholder in the company.

  • The facts tell the story of a failure of the board of directors of NROM to respect and abide by the will of the shareholders and may represent a material breach of the directors’ fiduciary duty of care to shareholders. In supporting management’s position that the nomination is defective, the directors are ignoring the voices of shareholders who elected them to protect and serve their interests in the face of management’s desires.

Our arguments are valid and persuasive and support BT’s right to nominate Mr. Copperud for election to NROM’s board of directors. BT intends to vigorously pursue its rights in all venues and against all actors that would deny BT its rights as a shareholder.

In considering your vote on the Blue Card, we ask shareholders to consider the following non-refutable facts regarding Noble Roman’s performance since 2014:

  • The share price has declined from $2.14 to 20 cents;
  • Shareholders’ equity has fallen from $14.9 million to under $1.9 million;
  • Debt has increased from $2.7 million to $8.9 million;
  • Eight-year Compensation paid to the Mobleys has been approximately $5.9 million – representing nearly 40 percent of the decline in shareholders’ equity;
  • Current Employment Agreements commit over $5.9 million in future cash compensation;
  • Stock option awards approximating 21% of the outstanding shares, have been made in the face of abysmal performance and without shareholder approval.

About BT Inc.: BT, Inc. (BTBD and BTBDW) owns and operates a fast-food restaurant chain called Burger Time, with locations in North and South Dakota and Minnesota. In addition, the Company owns the Pie In The Sky Coffee and Bakery in Woods Hole, Massachusetts, the Village Bier Garten in Cocoa, Florida, and Keegan’s Seafood Grille near Clearwater, Florida. BT is seeking acquisitions within the restaurant industry.

Forward Looking Statements

This press release may contain statements that might be considered forward-looking statements or predictions of future operations. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management’s belief or interpretation of information currently available. These statements and assumptions involve certain risks and uncertainties. Actual events may also differ from these expectations as a result of the risks identified from time to time in our filings with the Securities and Exchange Commission. We assume no duty to update these statements as of any future date.

Investors Contact:

InvestorCom LLC

John Glenn Grau, 203-972-9300

[email protected]

[email protected]

19 Old Kings Highway S., Suite 130

Darien, CT 06820

(203) 972-9300 or (877) 972-0090

KENNETH BRIMMER 612-229-8811

KEYWORDS: North Dakota United States North America

INDUSTRY KEYWORDS: Retail Restaurant/Bar Food/Beverage

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Stream Deck Goes Free – Elgato Announces Groundbreaking Changes to Mobile App

Stream Deck Goes Free – Elgato Announces Groundbreaking Changes to Mobile App

Transform Your iPhone or iPad Into an All-in-One Workflow Controller

MILPITAS, Calif.–(BUSINESS WIRE)–
Elgato, a subsidiary of CORSAIR® (NASDAQ: CRSR), and leading provider of hardware and software for content creators, today announced a major update to the digital version of its celebrated Stream Deck, Stream Deck Mobile. The Stream Deck Mobile app turns any smartphone into a handheld productivity interface. With today’s update, Stream Deck Mobile becomes free to use for up to six keys, for anyone with an iPhone or iPad. Other core app changes introduce more ways for users to control their favorite apps and customize their setup.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230629293947/en/

Elgato, a subsidiary of CORSAIR® (NASDAQ: CRSR), and leading provider of hardware and software for content creators, today announced a major update to the digital version of its celebrated Stream Deck, Stream Deck Mobile. The Stream Deck Mobile app turns any smartphone into a handheld productivity interface. With today’s update, Stream Deck Mobile becomes free to use for up to six keys, for anyone with an iPhone or iPad. Other core app changes introduce more ways for users to control their favorite apps and customize their setup. (Photo: Business Wire)

Elgato, a subsidiary of CORSAIR® (NASDAQ: CRSR), and leading provider of hardware and software for content creators, today announced a major update to the digital version of its celebrated Stream Deck, Stream Deck Mobile. The Stream Deck Mobile app turns any smartphone into a handheld productivity interface. With today’s update, Stream Deck Mobile becomes free to use for up to six keys, for anyone with an iPhone or iPad. Other core app changes introduce more ways for users to control their favorite apps and customize their setup. (Photo: Business Wire)

Now with its “freemium” app model, Stream Deck Mobile is more accessible than ever for millions of customers worldwide. Users can get the best of Stream Deck on their iPhone or iPad for free — including six keys, unlimited actions, and hundreds of plugins for popular apps. An optional Pro subscription or purchase unlocks advanced features like custom layouts, backgrounds, and up to 64 keys — double that of Elgato’s largest physical device, Stream Deck XL.

Stream Deck Mobile is now iPadOS native, taking full advantage of the device’s large screen. With iPad multitasking, users can run Stream Deck Mobile alongside their favorite apps and websites, or even run two Stream Deck Mobile keypads side-by-side — giving them access to as many as 128 keys at once (Pro subscription required).

Above all, customization is at the heart of today’s update. Users can now switch between dark and light mode, control keypad rotation, and explore community plugins and profiles on Elgato Marketplace. And with Stream Deck Mobile Pro, they can even change the number and layout of their keys — plus personalize the app’s appearance with custom faceplates or images from their camera roll.

“Stream Deck is so much more than just a physical device,” said Christiane Göhring, Team Lead for Mobile Development at Elgato. “It’s a powerful ecosystem that enables millions of users across practically any workflow. With this update, we’re excited to bring that same technology to the virtual space, making it easier than ever for anyone to streamline tasks and save time using the iPhone or iPad they already know and love — all for free.”

Stream Deck Mobile is available now for download on the Apple App Store for iOS and iPadOS devices.

Stream Deck Mobile Pro is available through a monthly subscription ($2.99), annual subscription ($24.99), or one-off lifetime purchase ($49.99). Prices vary by region.

About CORSAIR

CORSAIR (NASDAQ:CRSR) is a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts. From award-winning PC components and peripherals, to premium streaming equipment, smart ambient lighting, and esports coaching services, CORSAIR delivers a full ecosystem of products that work together to enable everyone, from casual gamers to committed professionals, to perform at their very best.

Copyright © 2023 Corsair Memory, Inc. All rights reserved. CORSAIR and the sails logo are registered trademarks of CORSAIR in the United States and/or other countries. All other company and/or product names may be trade names, trademarks, and/or registered trademarks of the respective owners with which they are associated. Features, pricing, availability, and specifications are subject to change without notice.

CORSAIR/Elgato PR Contacts

Region

Representative

Contact Information

Snr. Director – Corporate Comms

Harry Butler

[email protected]

PR – USA and Canada

Justin Ocbina

Andrew Williams

[email protected]

[email protected]

PR – UK

Zak Storey

[email protected]

PR – Scandinavia & Benelux

Gabriel Begorgis

[email protected]

PR – DACH

Stefan Quiring

[email protected]

PR – Italy

Davide Salvioni

[email protected]

PR – MENA & Turkey

Tarek Hamdy

[email protected]

PR – CEE

Cezary Gorny

[email protected]

PR – Spain and Portugal

Noelia Colino

[email protected]

PR – France

Clemence Garcia

[email protected]

PR – China

Manfrid Zhang

[email protected]

PR – SEA

Punpanit Mekvibul

[email protected]

PR – Vietnam

Phuong Doan

[email protected]

PR – South Korea, Taiwan, HK

Zack Chang

[email protected]

PR – Japan

Fuyuhata Jin

[email protected]

PR – India & South Asia

Rushabh Shah

[email protected]

PR – ANZ & South Africa

Amy Chang

[email protected]

 

Worldwide PR Director

Harry Butler

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Data Management Technology Online Mobile Entertainment Entertainment Other Technology Apps/Applications Software Mobile/Wireless Hardware Other Entertainment

MEDIA:

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Photo
Photo
Elgato, a subsidiary of CORSAIR® (NASDAQ: CRSR), and leading provider of hardware and software for content creators, today announced a major update to the digital version of its celebrated Stream Deck, Stream Deck Mobile. The Stream Deck Mobile app turns any smartphone into a handheld productivity interface. With today’s update, Stream Deck Mobile becomes free to use for up to six keys, for anyone with an iPhone or iPad. Other core app changes introduce more ways for users to control their favorite apps and customize their setup. (Photo: Business Wire)
Photo
Photo
Now with its “freemium” app model, Stream Deck Mobile from Elgato, a subsidiary of CORSAIR® (NASDAQ: CRSR), is more accessible than ever for millions of customers worldwide. Users can get the best of Stream Deck on their iPhone or iPad for free — including six keys, unlimited actions, and hundreds of plugins for popular apps. An optional Pro subscription or purchase unlocks advanced features like custom layouts, backgrounds, and up to 64 keys — double that of Elgato’s largest physical device, Stream Deck XL. (Photo: Business Wire)
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Rackspace Technology Partners with Google Cloud to offer Cutting-edge Generative AI Services and Solutions using the FAIR Practice

Foundry for Generative AI by Rackspace and the global Generative AI Google Cloud Center of Excellence combine to help enterprises realize the full potential of AI

SAN ANTONIO, June 29, 2023 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud solutions company, and Google Cloud, today announced a significant expansion of their partnership. Foundry for Generative AI by Rackspace (FAIR™) for Google Cloud is dedicated to accelerating the secure, responsible, and sustainable adoption of generative AI solutions in enterprises across all industries.

“This partnership is a force multiplier to accelerate the pragmatic and secure use-case-based adoption of generative AI in businesses across all industries,” said Srini Koushik, Rackspace CTO and global lead for FAIR. “With FAIR, Rackspace and Google Cloud are building on our shared values of putting the customer first, commitment to sustainability and technology innovation to align our offerings, multicloud capabilities, and highly skilled cloud workforce with Google Cloud’s industry-leading AI capabilities to help our customers harness the true power of generative AI in a secure, responsible and human-friendly manner.”

“Generative AI has the potential to improve how businesses fundamentally operate in every industry,” said Jim Anderson, Vice President NA Partners Ecosystem & Channels at Google Cloud. “Rackspace’s launch of FAIR for Google Cloud will provide businesses with the expertise needed to deploy new AI capabilities safely, responsibly, and quickly.”

The Foundry for Generative AI by Rackspace (FAIR)

FAIR for Google Cloud is a groundbreaking global practice dedicated to advancing business transformation, improving customer experience, increasing the quality of service, and accelerating value creation through the secure and pragmatic use of AI technologies using Google Cloud. FAIR has identified over 100 use cases across multiple industries and is working on several first-of-a-kind implementations for our customers across the globe. FAIR provides three unique services to help lean into the transformative power of generative AI:

  • FAIR Ideate: An interactive and collaborative ideation workshop that helps organizations uncover actionable use cases for generative AI with defined business impacts. AI readiness diagnostics provide critical considerations for successful AI adoption.

  • FAIR Incubate: An agile and iterative program that co-creates an enterprise’s first generative AI solution. It establishes the technology stack and assesses the viability of AI, ensuring seamless integration into organizational processes.

  • FAIR Industrialize: A systematic effort to transform the AI solution into a product, implementing governance, defining metrics, and optimizing the AI model and Distributed Cloud Infrastructure for continuous improvement.

As a long-standing Google Cloud customer, Rackspace has used FAIR to implement Rackspace Intelligent Co-pilot for the Enterprise (Rackspace ICE™). Rackspace ICE is an AI Duet that boosts the productivity and effectiveness of go-to-market teams. It harnesses the power of AI to automate routine tasks, identify warm leads, surface relevant data and content, and provide real-time contextualized analytics for hyper-personalized customer interactions.

Rackspace is also using FAIR to develop RITA™ (Rackspace’s Intelligent Technology Assistant). RITA is an interactive chatbot that uses the latest language models to answer text IT service requests, enhance self-service capabilities for inquiries, request new hardware or software, reset forgotten passwords, and answer questions on IT and security policies. In addition, the solution links the response to the specific sections of the source documents for resolution. “When we deploy RITA, we expect an 80% decrease in tickets, making Rackers more productive while allowing us to deploy talent to other areas of IT,” said Scott Sanders, CIO for Rackspace Technology. “What’s even better is that with Google’s latest innovations, we can inject language translation and easily introduce other interaction modalities into our solutions.”

Click here to learn more about FAIR for Google Cloud and unlocking limitless creativity with the power of generative AI.

About Rackspace Technology


Rackspace Technology
 is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Media Contact: Natalie Silva, [email protected]



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DTE Energy names Joi Harris president and chief operations officer

Detroit, June 29, 2023 (GLOBE NEWSWIRE) — DETROIT, June 29, 2023 — DTE Energy (NYSE: DTE) today announced, effective July 3, Joi Harris, DTE Gas president, will be president and COO of DTE.

In her new role, Harris will lead both utilities – DTE Gas and DTE Electric – as well as Customer Service, Information Technology, Corporate Services, and the Environmental Management and Safety organizations. She will report to Jerry Norcia, DTE chairman and CEO.

As a senior leader at DTE, among many accomplishments, Harris recently led the construction of renewable energy projects and the Blue Water Energy Center, positioning the company for a future of clean and sustainable energy production.
 
“Joi is an extraordinary leader who has demonstrated time and again her ability to achieve successful outcomes in several key areas of the company. She is results oriented – a change agent – who will continue to drive our journey for excellence on behalf of our customers and communities. I’m excited to see what Joi, who started with the company as a co-op 35 years ago, can accomplish in the future,” Norcia said.

“The opportunity to help shepherd our business into the future during this transformational time in our industry and company is an opportunity of a lifetime,” said Harris. “DTE is fundamentally changing how we generate energy, moving to cleaner and more efficient sources, and developing the grid of the future to improve reliability and prepare for the growing electrification of our society.” 

Harris has a Bachelor of Science in industrial engineering and an MBA from Wayne State University. She serves on the board of directors for the Detroit Area Pre-College Engineering Program (DAPCEP). Harris was chosen by the Michigan Chronicle as a “Women of Excellence;” recognized by “Who’s Who in Black Detroit;” honored by Women of Color STEM for her career achievements; and received the Maverick Award – special recognition to leaders who have set the standard in promoting, connecting and strengthening female leaders in energy operations and engineering in the energy industry.

About DTE Energy

DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers in Michigan. The DTE portfolio includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. Through our commitment to cleaner energy, DTE Electric plans to reduce CO2 emissions by 90% and DTE Gas will plan to reduce methane emissions by more than 80% by 2040 to produce cleaner energy while keeping it safe, reliable and affordable. DTE Electric and Gas aspire to achieve net zero carbon emissions by 2050. DTE is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, twitter.com/dte_energy and facebook.com/dteenergy. 

For further information, members of the media may call: 

Peter Ternes, DTE Energy, 313.235.5555 

Attachment 



Pete Ternes
DTE Energy
3132355555
[email protected]

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TEGNA to Host Second Quarter 2023 Earnings Conference Call on Thursday, August 3, 2023

TEGNA to Host Second Quarter 2023 Earnings Conference Call on Thursday, August 3, 2023

TYSONS, Va.–(BUSINESS WIRE)–
TEGNA Inc. (NYSE: TGNA) will host a conference call to discuss its second quarter 2023 earnings results on Thursday, August 3, 2023, at 10:00 a.m. (ET).

The conference call will be webcast through the company’s website, and is open to investors, the financial community, the media and other members of the public.

To access the meeting by phone, please visit investors.TEGNA.com at least 10 minutes prior to the scheduled start time to access the links and register before the conference call begins. Once registered, phone participants will receive dial-in numbers and unique PIN to seamlessly access the call.

The webcast will be archived and available on the company website.

TEGNA’s earnings announcement will be released to news outlets and wire services before the market opens on August 3. Materials related to the call will be available at that time through the Investor Relations section of TEGNA’s website, investors.TEGNA.com.

About TEGNA

TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. With 64 television stations in 51 U.S. markets, TEGNA is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups, reaching approximately 39 percent of all television households nationwide. TEGNA also owns leading multicast networks True Crime Network, Twist and Quest. TEGNA offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. For more information, visit www.TEGNA.com.

For media inquiries:

Anne Bentley

Vice President, Corporate Communications

703-873-6366

[email protected]

For investor inquiries:

Julie Heskett

Senior Vice President, Financial Planning & Analysis

703-873-6747

[email protected]

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS: TV and Radio Other Communications Public Relations/Investor Relations Online Marketing Advertising Entertainment Communications Digital Marketing Media Other Entertainment

MEDIA:

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Keysight Demonstrates Open RAN Deployment Readiness Testing Leadership at O-RAN Spring 2023 Global PlugFest

Keysight Demonstrates Open RAN Deployment Readiness Testing Leadership at O-RAN Spring 2023 Global PlugFest

  • Showcased Open RAN Radio Unit fronthaul conformance and performance testing, RAN Intelligent Controller conformance testing, end-to-end network performance testing, and Open RAN security testing

  • Keysight Open RAN Architect is the most comprehensive Open RAN test solution portfolio for functional, performance, energy efficiency, security, and artificial intelligence and machine learning training and optimization

 

SANTA ROSA, Calif.–(BUSINESS WIRE)–Keysight Technologies, Inc. (NYSE: KEYS) showcased its open radio access network (Open RAN) validation leadership by collaborating with 14 industry partners to demonstrate Open RAN deployment readiness testing at the O-RAN Spring 2023 Global PlugFest organized by the O-RAN ALLIANCE.

As wireless networks move to virtualized, disaggregated Open RAN architectures, Keysight has been working with its industry partners to develop and deploy testing specifications based on 3GPP and O-RAN ALLIANCE standards. During PlugFest, Keysight Open RAN Architect (KORA) solutions were used with Keysight co-developed O-RAN test specifications, from working groups for which Keysight is a rapporteur, co-rapporteur, or key contributor, to successfully conduct 18 integration test setups of multi-vendor network functions across these focus areas:

  • Open RAN Radio Unit (O-RU) Fronthaul Conformance / Performance –Conducted automated testing of O-RU compliance to WG4 fronthaul technical specifications using the Keysight O-RU test suite, including control, user, synchronization and management (CUSM) planes and performance across the radio frequency (RF) and protocol measurements domains. Test collaborators included Compal, ETRI, Inventec, Pegatron, and SOLiD.
  • RAN Intelligent Controller (RIC) Conformance – Used the cloud-native Keysight RIC Test Suite to test and validate near-real-time RIC and non-real-time RIC compliance to the WG2 A1, WG3 E2, and O1 technical specifications by emulating E2 nodes, near-real-time RIC, and user equipment (UE). Test collaborators included Compal, ITRI, LITEON, and Pegatron.
  • End-to-End (E2E) Network Performance – Provided E2E testing and assessment of small cells, macro cells, and gNodeBs (gNB) for performance, security, latency under, load and stress test conditions using the Keysight E2E test suite. An over-the-air (OTA) monitor was used to extend real-time visibility to disaggregated radio access, correlation, and interaction between O-RAN protocol and 3GPP physical layers in wireless transmissions. Test collaborators included Askey, Compal, LIONS Technology, Pegatron, SageRAN, SOLiD, and Quanta Cloud Technology (QCT).
  • 5G and O-RAN Security – Validated the design and implementation of security for O-RAN gNBs with simultaneous operations of emulated UEs and security attack modules (3GPP SCAS automated testing, DDoS, Fuzzing) using the Keysight 5G and O-RAN security test suite. Tests ensured that the experience of emulated subscribers and network performance were not adversely impacted during simulated attacks. Test collaborators included LITEON and Pegatron.

Keysight’s test setups were facilitated by the hosts, Auray OTIC and Security Lab and KT Corporation, at their Spring 2023 Global PlugFest locations.

Keysight’s KORA solution offers the industry’s most comprehensive portfolio of test solutions for verifying the end-to-end performance of 5G network functions, including support for conformance, interoperability, performance, energy efficiency, security testing, and artificial intelligence and machine learning training and optimization across the entire Open RAN lifecycle (Research, Lab, Field Trials, Live/Field-to-Lab and Operations).

Peng Cao, Vice President and General Manager for Keysight’s Wireless Test Group, said: “With our participation in O-RAN ALLIANCE’s Spring 2023 Global PlugFest, Keysight continues to lead the development, adoption, and testing of 5G Open RAN architectures. Thanks to our comprehensive Open RAN testing solutions and our deep network emulation and RF expertise, we will enable the industry to confidently speed its Open RAN products to market.”

Resources

About Keysight Technologies

At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.

Geri Lynne LaCombe

Americas/Europe

+1 303 662 4748

[email protected]

Fusako Dohi

Asia

+81 42 660-2162

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Technology Telecommunications Software Networks Internet Hardware Electronic Design Automation Data Management Consumer Electronics

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