CS Energy Announces Closing of Acquisition by American Securities

Ares Management and The Conti Group sold entire stake in leading solar and energy storage company

PR Newswire

EDISON, N.J., May 4, 2021 /PRNewswire/ — CS Energy, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, announced today that it has been acquired by affiliates of American Securities LLC, a leading US private equity firm. American Securities acquired the equity interests in CS Energy from a fund managed by the Infrastructure and Power strategy of Ares Management Corporation (NYSE: ARES) and The Conti Group.

CS Energy has established itself as a leader in the solar and energy storage sectors, having constructed over 1 GW of solar projects and 300 MWh of energy storage projects throughout the United States and in select international markets.

“CS Energy is extremely excited to be partnering with American Securities through our next phase of growth,” said Matthew Skidmore, CEO of CS Energy. “Our management team and strategy will remain consistent on a go-forward basis and we are excited to continue to grow our business by continuing to execute great projects for our customers.”

“CS Energy fits squarely within our strategy to acquire market leading companies servicing the U.S. energy transition to renewables,” said Michael Sand, a Managing Director of American Securities. “We are impressed by the CS Energy management team, corporate culture and outstanding track record, and are thrilled to partner with management to achieve its growth plans.”

“We are extremely proud of the growth and accomplishments of CS Energy during our ownership over the last three years,” said Keith Derman, Partner and Co-Head of Ares Infrastructure and Power. “Our shared vision with the talented management team was executed seamlessly with admirable results. Our commitment to investing in the energy transition remains strong, and we anticipate future opportunities to partner with CS Energy on the development and construction of new facilities.”

“The Conti Group is proud of the growth that CS Energy has had over the past three years with its strong partnership with Ares and we look forward to its continued growth and success with American Securities,” said Kurt Conti, Chairman of The Conti Group. “This investment continues to advance our longstanding vision of building a world-class renewable energy company.”

Lazard acted as lead financial advisor to CS Energy on the transaction. Cowen also acted as financial advisor to CS Energy. Morgan Lewis & Bockius LLP served as legal counsel to CS Energy. Weil, Gotshal & Manges LLP served as legal counsel to American Securities.

About CS Energy
CS Energy is an industry-leading engineering, procurement and construction (EPC) energy firm that designs and builds optimized projects in solar, energy storage, and emerging energy industries. CS Energy leverages strong relationships with solar developers, IPPs, utilities, off-takers, suppliers, and landowners to help our customers streamline the project development process, lower project costs, and create value for all stakeholders.

About American Securities
Based in New York with an office in Shanghai, American Securities is a leading U.S. private equity firm that invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion and/or $50 million to $250 million of EBITDA. American Securities and its affiliates have approximately $23 billion under management. For more information, visit www.american-securities.com.

About Ares Management Corporation
Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager operating integrated groups across Credit, Private Equity, Real Estate and Strategic Initiatives. Ares Management’s investment groups collaborate to deliver innovative investment solutions and consistent, attractive investment returns for fund investors throughout market cycles. As of March 31, 2021, Ares Management’s global platform had approximately $207 billion of assets under management with more than 1,450 employees operating across North America, Europe and Asia Pacific. For more information, please visit www.aresmgmt.com.

About Ares Infrastructure and Power
Ares Infrastructure and Power (“AIP”) provides flexible capital across the climate infrastructure, natural gas generation, and energy transportation sectors. AIP leverages a broadly skilled and cohesive team of more than 25 investment professionals with deep domain experience and has deployed over $9 billion of capital in more than 250 different infrastructure and power assets and companies as of March 31, 2021.

About The Conti Group
The Conti Group is a holding company which owns businesses, assets and invests in development, engineering, construction, infrastructure, real estate, renewable energy, logistics, software and healthcare. The Conti Group has a 116-year history of building successful, reputable businesses which make a positive impact. www.thecontigroup.com

 

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SOURCE CS Energy

QMC Identifies 1,000 PPM Li In Significant Soil Anomaly

PR Newswire

VANCOUVER, B.C., May 4, 2021 /PRNewswire/ — QMC Quantum Minerals Corp., (TSX.V: QMC) (FSE: 3LQ) (OTC PINK: QMCQF) (“QMC” or “the Company) will be incorporating the results of a litho-geochemical soil survey in the upcoming NI 43-101 report, being prepared by SGS Canada.

Highlights

  • Strong lithium soil geochemical anomaly 1,100m long by 100m on the east widening to 350m at the west.
  • Potential for additional tonnage.
  • Several areas reported over 1,000 ppm Li.
  • Chip samples in the area are 2.47% Li2O at Mapetre and 4.16% Li2O at Central.
  • Magnitude of lithium anomaly cannot be accounted for by the known pegmatites in the area.
  • Lithium market moving into deficit with material shortages emerging.

Balraj Mann, CEO, commented, “Macquarie Group recently stated the lithium market is moving to a deficit in 2022 with material shortages emerging in 2025.  Lithium hydroxide prices are expected to top $16,000 per tonne.  Moreover, as the amount of cobalt in batteries is reduced, the lithium component within must be increased.” 

The historic assessment report (Manitoba Mines Branch: #92681) documents a litho-geochemical soil survey that was conducted by TANCO for the purpose of delineating buried, undiscovered tantalum-bearing pegmatite structures that may occur south of Cat Lake between the known Central Pegmatite on the west and the Mapetre Pegmatite to the east. Two survey grids were laid out. The larger grid (Grid “A” below), established on a 150 x 500-foot grid pattern, confirmed that a very intense, widespread lithium geochemical soil anomaly is situated between the Central and Mapetre Dikes covering an east/west distance of approximately 1100 metres with a width of 100 metres at the east end, widening to approximately 350 metres at the west end.  TANCO reports lithium results within this anomaly to be up to 630 ppm Li. 

The second grid (Grid “B”) established a tighter, 150 x 150-foot grid pattern over the western portion of the Grid “A” anomaly.  The purpose of Grid “B” was to again identify additional pegmatite mineralization in extensions of, or parallel structures to the Central Dike. Results of the lithium soil geochemistry were highly anomalous as several areas reported over 1,000 ppm lithium concentrations with a widespread lithium anomaly showing > 300ppm Li and remaining open ended to the east.

The location of both these grids and the data TANCO produced are reproduced in the figure below. 

In the assessment report, TANCO geologists state that the “breath and length of this lithium anomaly is such that it cannot be accounted for by the known pegmatites in the area.”  TANCO geologists strongly recommended that the company explore both these target areas with additional drill programs; however, at the time, tantalum was TANCO’s metal of choice and the company had no interest in producing lithium.  The assessment report was prepared by D.L. Trueman, P. Eng. for the Tantalum Mining Corporation of Canada Limited (“TANCO”) and was dated 1979.

QMC’s exploration work programs have confirmed the presence of significant mineralization within the Mapetre and Central pegmatite dikes.  QMC crews identified large crystals of spodumene mineralization on the Mapetre where a 1.5-metre-long chip sample assayed 2.47% Li2O.  Chip samples from the Central assay returns were from 1.42% to 4.16% Li2O.  QMC also had TANCO drill core assayed for lithium.  The best Mapetre Dike intersection was 0.32% Li2O over 16.61 metres, including 0.52% Li2O over 8.69 metres.  The best intersection from the Central Dike was 1.28% over 3.81 metres, including 2.97% Li2O over 1.22 metres.  Two additional sample intervals from drill holes on the Central Dike re-assayed 1.50% Li2O over 1.52 metres and 1.04% Li2O over 1.52 metres. 

The Company has entered into a month-to-month marketing and consulting contract with Toronto-based marketing firm, North Equities Corp.  North Equities specializes in various social media platforms and will be able to facilitate greater awareness and widespread dissemination of the Company’s news.  The Company will pay North Equities $3,500 per month. North Equities currently owns 200,000 shares of the Company along with 200,000 warrants exercisable at $0.16 per share.

Qualified Person

The technical content of this news release has been reviewed and approved by Bruce E. Goad, P. Geo., a qualified person as defined by National Instrument 43-101.

About the Company

QMC is a British Columbia based company engaged in the acquisition, exploration and development of resource properties. Its objective is to acquire, locate and develop economic deposits within the company’s precious, base, rare metal resource properties of merit. The Company’s current properties include the Irgon Lithium Mine Project and two VMS properties, the Rocky Lake and Rocky-Namew, known collectively as the Namew Lake District Project. Currently, all of the Company’s properties are located in Manitoba.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

On behalf of the Board of Directors of

QMC QUANTUM MINERALS CORP.

Balraj Mann

President and Chief Executive Officer
+1 604-601-2018

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SOURCE QMC Quantum Minerals Corp.

Anghami launches Live Radio, the first ever music and voice real-time audio experience

  • Anghami’s innovative Live Radio offers a unique combination of music and voice functions for the first time, allowing any user to both listen and talk in real-time
  • Developed in-house, Live Radio builds on Anghami’s existing social features to capture an increased share of the growing social audio market
  • Having launched in beta in September 2020, data from beta-testing also reveals social features support user engagement and retention
  • Musicians and creators will also soon be able to benefit from features to create subscription-only channels and revenue streams via their Live Radio channels 

ABU DHABI, United Arab Emirates, May 04, 2021 (GLOBE NEWSWIRE) — Ahead of its historic listing on NASDAQ New York via proposed merger with Vistas Media Acquisition Company, a special purpose acquisition company (NASDAQ:VMAC), Anghami, the Middle East and North Africa’s (MENA) largest music platform, announces the launch of its live music and voice experience, ‘Live Radio’. Developed in-house by Anghami, this is the first time that a streaming service globally is enabling users and contributors to create a social audio experience for sharing music, conversation and more.

Available on both iOS and Android, Live Radio offers a number of unique features. Any user, including artists, DJs, content creators and music influencers, will be able to talk alongside playing songs, playlists and podcasts from Anghami’s library of over 57 million tracks. It gives everyone the chance to participate in a real-time version of a podcast experience and, by creating their own virtual events, users will be able to bring together communities with live interaction. Other features include applauding the host, sending text comments, meeting other participants and side-chats.

Elie Habib, Co-founder and Chairman of Anghami, commented, “The social elements of music have always been part of our vision. In fact, ‘live radio rooms’ were part of our original business pitch in 2011, as we saw the opportunity for social audio features to take off. Having been integrating social features such as stories and chats since 2017, now we are leading the way in delivering the next level of social audio to our users and our contributors. With the pandemic keeping people at home and apart, the intimacy of voice and the need to be closer to others has become more valuable and we expect to see the social audio market realise significant growth.”

Anghami launched Live Radio in beta in mid-2020, featuring text chats and other functionality ahead of the full launch which now includes voice chat for the first time ever. Data from the beta-phase demonstrates the additional benefits for Anghami in terms of user engagement and retention. For example, active social users have a 30% higher retention rate and social users overall stream 33% more average daily seconds than a standard active user.

Elie Habib added, “Anghami has an established track record and user base which continues to help us build and leverage our wide range of consumer behavioral data to create local experiences. Our beta launch in mid-2020 displayed how focusing on creating communities and adding interaction has been our best strategic asset, boosting engagement and retention – and a tribute to the region and the music that brings it together.” 

What’s more, Live Radio continues to build on Anghami’s commitment to supporting new and established creative talent, with the forthcoming launch of Premium Live Radio and tokens providing the opportunity for artists and creators to introduce subscription-only channels and other revenue streams. 

Best known for legalizing the Arab music streaming market amid high levels of piracy, and working with local artists to monetize their work, Anghami has already found success through hosting several content creators and Arab artists such as Maya Diab, Now United and others, where users were able to talk to celebrities, artists and listeners and connect in innovative new ways. 

About Anghami

Anghami is the leading digital music entertainment technology platform in the Middle East and North Africa, with the largest catalog comprising of more than 57 million songs available for more than 70 million users. When it launched in 2012, Anghami was the first music-streaming platform in MENA. In digitizing the region’s music, it has become the best-known and best-loved brand in music streaming in MENA. Today, Anghami features licensed content from leading Arabic labels, independent artists and distributors. Anghami also features music from the major International labels such as Universal, Sony, Warner and is continuously licensing new content.Headquartered in Abu Dhabi, it has offices in Beirut, Dubai, Cairo and Riyadh and operates in 16 countries across MENA. It is the only service available in English, Arabic and French, and remains close to its customer base, not only thanks to its pan-regional presence but also via the 56 million user data points it generates every day. To learn more about Anghami, please visit www.anghami.com.

About Vistas Media Acquisition Company Inc.

VMAC is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities in the Global Media and Entertainment sector.

To learn more about Vistas Media Acquisition Company Inc., please visit https://vmac.media.

Contacts:

Investors:

F. Jacob Cherian, CEO
+1 212- 859-3525
[email protected]

Ashley DeSimone / Jake Pisano
[email protected] / [email protected]

Middle East Media:

ASDA’A BCW:
Dhanya Issac
Associate Director
Tel: +971 4 450 7600
Email: [email protected] 

US Media

Zeba Rashid, ICR
Email: [email protected]



Moderna Announces Expansion of its Manufacturing Technology Center in Massachusetts

Moderna Announces Expansion of its Manufacturing Technology Center in Massachusetts

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Moderna, Inc. (Nasdaq: MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced an expansion of the Moderna Technology Center (MTC) in Norwood, MA including more than doubling of space to transform the facility from a production and lab space to an industrial technology center.

This expansion includes increasing the Company’s production and lab space from approximately 300,000 square feet to approximately 650,000 square feet through renovation of existing space and acquisition of a 240,000 square foot building located on the same campus for expansion of its commercial and clinical activities.

“Our manufacturing facility has been core to our long-term strategy and has enabled us to provide the scale and flexibility to support the development of our mRNA medicines and vaccines including our COVID-19 vaccine,” said Stéphane Bancel, Chief Executive Officer of Moderna. “We believe that this investment and expansion at our technology center will allow us to continue to optimize our mRNA products as we explore new pharmaceutical delivery forms such as prefilled syringes and lyophilized products. As we grow, we are committed to minimizing our environmental footprint.”

This expansion will support a 50% increase in production of the Moderna COVID-19 Vaccine at Moderna’s manufacturing site, which is expected to ramp up in late 2021 and early 2022. On April 29, Moderna announced an investment at its owned and partnered manufacturing facilities that it expects will increase 2022 global capacity to up to 3 billion doses of its COVID-19 vaccine, depending upon the mix between the authorized Moderna COVID-19 Vaccine at the 100 μg dose level and potentially lower doses of the Company’s variant booster candidates and pediatric vaccines, if authorized. The Company also raised its 2021 manufacturing supply forecast to between 800 million to 1 billion doses.

Additionally, this expansion includes an increase in Moderna’s technical development capacity and preclinical production capability with the goal of producing thousands of preclinical samples per month for research and development. The expanded facility will also help facilitate the Company’s increased focus and investment in technical capabilities such as expansion of shelf-life stability and new pharmaceutical delivery forms such as prefilled syringes and lyophilized products.

Moderna opened its manufacturing site in July 2018. The Moderna Technology Center manufacturing site was named the ISPE Facility of the Future in 2019 and is among the most integrated end-to-end process facilities in the pharmaceutical industry. Digital technology is integrated throughout the site—the entire research, development and production process incorporates advanced robotics, machine learning, artificial intelligence and creative design. Designed to Current Good Manufacturing Practices (cGMP), this expansion gives the Company the capacity and flexibility to support the manufacture of the Company’s commercial COVID-19 vaccine and the other programs in Moderna’s clinical development pipeline. In addition, the site was built with attention to environmental issues and with LEED certification principles in mind.

About Moderna

In 10 years since its inception, Moderna has transformed from a science research-stage company advancing programs in the field of messenger RNA (mRNA), to an enterprise with a diverse clinical portfolio of vaccines and therapeutics across six modalities, a broad intellectual property portfolio in areas including mRNA and lipid nanoparticle formulation, and an integrated manufacturing plant that allows for both clinical and commercial production at scale and at unprecedented speed. Moderna maintains alliances with a broad range of domestic and overseas government and commercial collaborators, which has allowed for the pursuit of both groundbreaking science and rapid scaling of manufacturing. Most recently, Moderna’s capabilities have come together to allow the authorized use of one of the earliest and most-effective vaccines against the COVID-19 pandemic.

Moderna’s mRNA platform builds on continuous advances in basic and applied mRNA science, delivery technology and manufacturing, and has allowed the development of therapeutics and vaccines for infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases and auto-immune diseases. Today, 24 development programs are underway across these therapeutic areas, with 13 programs having entered the clinic. Moderna has been named a top biopharmaceutical employer by Science for the past six years. To learn more, visit www.modernatx.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding: the Company’s development of a vaccine (mRNA-1273) to protect against the SARS-CoV-2 virus, which causes COVID-19; an expansion of the Moderna Technology Center and the potential for the expansion to facilitate advancements in new pharmaceutical delivery forms and the roll-out of those delivery forms (including prefilled syringes and lyophilized products); the Company’s efforts to minimize its environmental footprint; the increase in production capacity from the expansion of the Moderna Technology Center; the Company’s anticipated production of doses of COVID-19 vaccine for 2021 and 2022; the scale of future production of preclinical samples for research and development; the Company’s ability to increase shelf-life stability for its products; and the Company’s ability to adapt its facilities to its existing development programs. In some cases, forward-looking statements can be identified by terminology such as “will,” “may,” “should,” “could,” “expects,” “intends,” “plans,” “aims,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. The forward-looking statements in this press release are neither promises nor guarantees, and you should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, many of which are beyond Moderna’s control and which could cause actual results to differ materially from those expressed or implied by these forward-looking statements. These risks, uncertainties, and other factors include, among others: the fact that there has never been a commercial product utilizing mRNA technology approved for use; the fact that the rapid response technology in use by Moderna is still being developed and implemented; the safety, tolerability and efficacy profile of the Moderna COVID-19 Vaccine observed to date may change adversely in ongoing analyses of trial data or subsequent to commercialization; the Moderna COVID-19 Vaccine may prove less effective against variants of the SARS-CoV-2 virus, or the Company may be unsuccessful in developing future versions of its vaccine against these variants; despite having ongoing interactions with the FDA or other regulatory agencies, the FDA or such other regulatory agencies may not agree with the Company’s regulatory approval strategies, components of our filings, such as clinical trial designs, conduct and methodologies, or the sufficiency of data submitted; Moderna may encounter delays in meeting manufacturing or supply timelines or disruptions in its distribution plans for the Moderna COVID-19 Vaccine; whether and when any biologics license applications and/or additional emergency use authorization applications may be filed in various jurisdictions and ultimately approved by regulatory authorities; potential adverse impacts due to the global COVID-19 pandemic such as delays in regulatory review, manufacturing and clinical trials, supply chain interruptions, adverse effects on healthcare systems and disruption of the global economy; and those other risks and uncertainties described under the heading “Risk Factors” in Moderna’s most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (SEC) and in subsequent filings made by Moderna with the SEC, which are available on the SEC’s website at www.sec.gov. Except as required by law, Moderna disclaims any intention or responsibility for updating or revising any forward-looking statements contained in this press release in the event of new information, future developments or otherwise. These forward-looking statements are based on Moderna’s current expectations and speak only as of the date hereof.

Media

Colleen Hussey

Director, Corporate Communications

(617) 335-1374

[email protected]

Investors

Lavina Talukdar

Senior Vice President & Head of Investor Relations

(617) 209-5834

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Medical Supplies Biotechnology Commercial Building & Real Estate Construction & Property Health General Health Pharmaceutical Other Science Research Science Clinical Trials

MEDIA:

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Agiliti Announces First Quarter 2021 Earnings Release Date and Conference Call

Agiliti Announces First Quarter 2021 Earnings Release Date and Conference Call

MINNEAPOLIS–(BUSINESS WIRE)–
Agiliti Inc. (NYSE: AGTI) (“Agiliti”) today announced that the company will release its first quarter results after the market close on Tuesday, May 18, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

The conference call can be accessed live over the phone by dialing 1-877-407-0792 or for international callers, 1-201-689-8263. A replay will be available two hours after the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the live call and the replay is 13719551. The replay will be available until May 25, 2021.

Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of the Company’s website at https://investors.agilitihealth.com. The online replay will be available for a limited time shortly following the call.

About Agiliti

Agiliti is an essential service provider to the U.S. healthcare industry with solutions that help support a more efficient, safe and sustainable healthcare delivery system. Agiliti serves more than 7,000 national, regional and local acute care and alternate site providers across the U.S. For more than eight decades, Agiliti has delivered medical equipment management and service solutions that help healthcare providers reduce costs, increase operating efficiencies and support optimal patient outcomes.

Kate Kaiser

Corporate Communication and Investor Relations

[email protected]

KEYWORDS: United States North America Minnesota

INDUSTRY KEYWORDS: General Health Health Practice Management Medical Devices

MEDIA:

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Advanced Human Imaging to Launch BodyScan in Original Fit Factory’s Fitness App TRUCONNECT to Audience of 150+ Million

Free AHI BodyScans Available to TRUCONNECT Users During Upcoming 36-Hour Worldwide Offer

PR Newswire

PERTH, Australia, May 4, 2021 /PRNewswire/ — Advanced Human Imaging Limited (ASX: AHI) (“AHI” or the “Company”) announced today that it will launch its smartphone-based technology, BodyScan, to 150+ million audience of The Original Fit Factory’s flagship fitness app, TRUCONNECT, on Saturday, May 8, 2021. That is when TRUCONNECT’s users will be offered free 36-hour use of BodyScan. The launch follows AHI’s recent completed integration agreement with The Original Fitness Factory (“TOFF”).

“The integration of BodyScan into the TRUCONNECT app will improve standard exercise regimes by allowing users the ability to map their progress and to adjust their programs, while working out remotely with their top trainers and celebrities,” said Vlado Bosanac, Chief Executive Officer of Advanced Human Imaging. “We look forward to our launch and working closely with TRUCONNECT’s global partners.”

TRUCONNECT is a health, fitness and wellbeing app that is available on Apple, Huawei and Android smartphones. TRUCONNECT offers unique access to content from world-renowned fitness experts, athletes and celebrities – providing users with the flexibility and convenience to stream workouts with distinguished experts. TRUCONNECT has an audience of more than 150 million people through the partners around the globe such as fitness expert Amanda Cerny, MMA superstar Georges St-Pierre and Bollywood actress Jacqueline Fernandez.

AHI’s patented BodyScan technology, now integrated with TRUCONNECT, allows individuals, via an automated system, to take a series of images of themselves using a smartphone camera which delivers accurate and repeatable measurements of body dimensions and composition. These measurements allow users to understand the physical changes they are undergoing through diet, exercise and lifestyle. Further, the images that AHI captures also provide the individual with an understanding of their risk related to certain chronic diseases including obesity and diabetes.

David Weir, CEO and Founder of TOFF said, “We are building the world’s best fitness and wellness community. With focus on each unique individual, our programs are designed to be motivational and adaptable to suit all skill levels. AHI’s technology furthers our vision as leaders in the global wellness field as it enables us to provide users the ability to capture and track their body composition and dimensional changes. We look forward to providing this unique and useful technology to users in 71 countries, across 6 continents.”

For more information about AHI, visit www.advancedhumanimaging.com

Additional information about TOFF’s TRUCONNECT platform can be found at www.truconnect.fit or follow @fitness on Instagram.


For more information contact:


Vlado Bosanac


For media inquiries:

Chief Executive Officer & Founder


Nic Johnson


Advanced Human Imaging Limited

Russo Partners

E: [email protected]  

E: [email protected]   

M: +1 (212) 845-4242

 

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SOURCE Advanced Human Imaging

ON24 Expands Leadership Team to Accelerate Next Phase of Innovation, Customer Success

ON24 Expands Leadership Team to Accelerate Next Phase of Innovation, Customer Success

ON24 brings together top talent with decades of software experience to help customers further advance their digital-first, data-driven strategies

SAN FRANCISCO–(BUSINESS WIRE)–ON24 (NYSE: ONTF) today announced that it continues to expand its product management and marketing leadership teams with the addition of two software industry veterans, Steve Sims and Shalini Mitha. Sims and Mitha each bring nearly 25 years of software experience to ON24, previously leading product development and marketing at leading technology companies such as Adobe, Apple, NVIDIA, and SAP.

“We have a tremendous opportunity to help companies across every industry accelerate their digital-first strategies and deliver the most impactful digital experiences,” said Sharat Sharan, founder and CEO of ON24. “Steve and Shalini have proven track records leading product and marketing innovation at some of the most influential technology companies. Their deep expertise will help advance customer success in the era of digital engagement.”

With experience at leading enterprise and consumer technology companies, Sims joins ON24 as vice president of product, responsible for product management and design of the ON24 Digital Experience Platform. Previously, he was vice president of sales performance management products at SAP and CallidusCloud. Before that, Sims held leadership positions at NVIDIA and consumer technology companies Badgeville and Electronic Arts, gaining expertise in engagement, conversion, gamification, and behavior design.

As vice president of product marketing, Mitha will drive ON24’s go-to-market strategy across solutions and industries. She most recently served as vice president of customer experience marketing at SAP, where she led product differentiation, end-to-end solutions marketing, and customer engagement strategies. She has decades of experience in pre-sales, corporate marketing, and product and solutions marketing at leading technology and cloud companies, including Adobe, Apple, and IBM.

Connect with Steve Sims and Shalini Mitha on LinkedIn. To learn how ON24 is helping marketing leaders engage audiences with compelling digital experiences, watch The ON24 Experience virtual event on-demand at ON24.com/Experience.

About ON24

ON24 provides a leading cloud-based digital experience platform that makes it easy to create, scale, and personalize engaging experiences to drive measurable business growth. Today, we are helping over 2,000 companies worldwide, including 3 of the 5 largest global technology companies, 4 of the 5 largest US banks, 3 of the 5 largest global healthcare companies, and 3 of the 5 largest global industrial manufacturing companies, convert millions of prospects to buyers. Through interactive webinars, virtual events, and always-on multimedia experiences, ON24 provides a system of engagement, powered by AI, which enables businesses to scale engagement, conversions, and pipeline to drive revenue growth. The ON24 platform supports an average of 4 million professionals a month totaling over 2.5 billion engagement minutes per year. ON24 is headquartered in San Francisco with global offices in North America, EMEA, and APAC. For more information, visit www.ON24.com.

Forward-Looking Statements

This document contains “forward-looking statements” under applicable securities laws. In some cases, such statements can be identified by words such as: “expect,” “convert,” “believe,” “plan,” “future,” “may,” “should,” “will,” “next,” and similar references to future periods. Forward-looking statements include express or implied statements regarding our ability to achieve our business strategies, growth, or other future events or conditions. Such statements are based on our current beliefs, expectations, and assumptions about future events or conditions, which are subject to inherent risks and uncertainties, including the risks and uncertainties discussed in the filings we make from time to time with the Securities and Exchange Commission. Actual results may differ materially from those indicated in forward-looking statements, and you should not place undue reliance on them. All statements herein are based only on information currently available to us and speak only as of the date hereof. Except as required by law, we undertake no obligation to update any such statement.

Media Contact:

Roger Villareal

[email protected]

Investor Contact:

Maili Bergman

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: VoIP Software Networks Professional Services Internet Data Management Technology Other Communications Other Professional Services Marketing Audio/Video Communications Other Technology

MEDIA:

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Vocera to Participate Virtually in Upcoming Q2 2021 Investor Conferences

Vocera to Participate Virtually in Upcoming Q2 2021 Investor Conferences

SAN JOSE, Calif.–(BUSINESS WIRE)–Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, announced its participation in these upcoming virtual investor conferences.

  • On May 19, at 2:30 p.m. ET, Vocera CFO Justin Spencer and VP of Finance Steve Anheier will present in a fireside chat format at the 2021 RBC Capital Markets Global Healthcare Conference.
  • On June 1, at 5 p.m. ET, Anheier and Brent Lang, Vocera Chairman and CEO, will meet with investors and present at the William Blair 41st Annual Growth Stock Conference.
  • On June 2, Anheier will conduct one-on-one and small group meetings at the Craig Hallum Institutional Investors Conference.
  • On June 3, at 4 p.m. ET, Spencer and Anheier will present at the Jefferies Virtual Healthcare Conference.
  • On June 10, at 3:45 p.m. ET, Lang and Anheier will participate in investor meetings and a fireside chat discussion at the Baird 2021 Global Consumer, Technology & Services Conference.

The presentations will be referenced through the Vocera website at investors.vocera.com.

Important Notice Regarding Forward-Looking Statements

Comments or responses to questions at the conference may contain forward-looking information, including statements regarding projected operating results and anticipated market opportunities for Vocera. This forward-looking information is subject to risks and uncertainties described in Vocera filings with the Securities and Exchange Commission, and actual results or events may differ materially.

About Vocera

The mission of Vocera Communications, Inc. is to improve the lives of healthcare professionals, patients, and families. Founded in 2000, Vocera provides solutions that help protect and connect team members, simplify workflows, increase efficiency, enhance quality of care and safety, and humanize the healthcare experience. More than 2,300 facilities worldwide, including nearly 1,900 hospitals and healthcare facilities, have selected Vocera solutions to enable their workforce to communicate and collaborate with co-workers and engage with patients and families. Mobile workers can choose the right device for their role or task, including smartphones or one of the company’s wearable communication devices, and use voice commands to easily reach people by name, role, or group. The hands-free Vocera Smartbadge was named to TIME’s list of the 100 Best Inventions of 2020. The Vocera Platform can integrate with more than 150 clinical and operational systems, including electronic health records, nurse call systems, ventilators, physiological monitors, and more. In addition to healthcare, Vocera solutions are found in aged care facilities, veterinary hospitals, schools, luxury hotels, retail stores, power facilities, and more. Visit www.vocera.com to learn more, and follow @VoceraComm on Twitter.

Vocera® and the Vocera logo are trademarks of Vocera Communications, Inc. registered in the United States and other jurisdictions. All other trademarks appearing in this release are the property of their respective owners.

Sue Dooley

Vocera Communications, Inc.

408-882-5971

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Data Management Health Technology Telecommunications Software General Health Networks

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Mitsubishi Power and Powin Partner to Enhance California’s Grid Reliability with Two Battery Energy Storage Projects

Mitsubishi Power and Powin Partner to Enhance California’s Grid Reliability with Two Battery Energy Storage Projects

Projects Will Add 640 MWh of Storage to Southern Power’s Solar Facilities

LAKE MARY, Fla.–(BUSINESS WIRE)–
Southern Power has awarded Mitsubishi Power Americas, Inc. and Powin, LLC an order for two utility-scale battery energy storage system (BESS) projects totaling 640 megawatt hours (MWh). These projects will enhance California’s grid reliability with additional flexible resource capacity for integrating intermittent renewable energy into the grid.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210504005317/en/

Mitsubishi Power Americas, Inc. and Powin, LLC are helping Southern Power enhance the reliability of renewable energy in California with two utility-scale battery energy storage system (BESS) projects. The projects totaling 640 megawatt hours will be installed at Southern Power’s Garland and Tranquillity Solar Facilities to provide additional flexible resource capacity for integrating intermittent renewable energy into the grid. (Credit: Mitsubishi Power)

Mitsubishi Power Americas, Inc. and Powin, LLC are helping Southern Power enhance the reliability of renewable energy in California with two utility-scale battery energy storage system (BESS) projects. The projects totaling 640 megawatt hours will be installed at Southern Power’s Garland and Tranquillity Solar Facilities to provide additional flexible resource capacity for integrating intermittent renewable energy into the grid. (Credit: Mitsubishi Power)

The BESS projects are among the first collocated solar and storage projects in California and represent some of the largest retrofits of solar and storage in North America to date. They are designed for a 20-year life cycle and four hours of energy storage duration. Southern Power’s 205 megawatt (MW) Garland Solar Facility in Kern County will add 88 MW and 352 MWh of energy storage, and its 204 MW Tranquillity Solar Facility in Fresno County will add 72 MW and 288 MWh. Both projects are scheduled to come online in 2021.

The energy storage projects will be owned in partnership with AIP Management and Global Atlantic Financial Group, both of which have existing ownership interests in the Garland and Tranquillity solar facilities that went into commercial operation in 2016. Southern Power operates the solar projects and will be responsible for operating the energy storage projects upon completion.

These two energy storage projects align with Southern Power’s growth strategy of developing and acquiring projects covered by long-term contracts with strong credit counterparties.

Geoff Brown, CEO of Powin, said, “We are pleased to continue our relationship with Mitsubishi Power and to have been selected as a trusted partner by Southern Power to provide BESS over the long-term for the Garland and Tranquillity projects. This award highlights the fact that large-scale solar PV paired with energy storage is cost competitive. We applaud Southern Power for taking this step toward helping California meet its clean energy goals with energy storage.”

Tom Cornell, Senior Vice President of Mitsubishi Power’s NEXT said, “Mitsubishi Power is excited to leverage our network of capabilities in the Americas and globally to bring low carbon solutions to Southern Power. These battery energy storage projects, which will use lithium iron phosphate technology, fit within our vision to provide short- and long-term energy storage solutions that include lithium ion, hydrogen, and other emerging storage technologies. We are proud to provide Southern Power with an energy storage solution to enhance the reliability of California’s electric power grid. Together with our customers and partners, we are creating a Change in Power.”

About Mitsubishi Power Americas, Inc.

Mitsubishi Power Americas, Inc. headquartered in Lake Mary, Florida, employs more than 2,000 power generation, energy storage, and digital solutions experts and professionals. Our employees are focused on empowering customers to affordably and reliably combat climate change while also advancing human prosperity throughout North and South America. Mitsubishi Power’s power generation solutions include natural gas, steam, aero-derivative, geothermal, distributed renewable technologies, environmental controls, and services. Energy storage solutions include green hydrogen and battery energy storage systems. Mitsubishi Power also offers digital solutions that enable autonomous operations and maintenance of power assets. Mitsubishi Power, Ltd. is a wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is one of the world’s leading heavy machinery manufacturers with engineering and manufacturing businesses spanning energy, infrastructure, transport, aerospace and defense. For more information, visit the Mitsubishi Power Americas website and follow us on LinkedIn.

About Powin, LLC

Powin is a global leader in the design and manufacture of safe and scalable battery energy storage solutions. For nearly the past decade, Powin has worked to advance its patented battery management technology and develop market leading product offerings. Headquartered in Tualatin, Oregon, Powin has built over 600 MWh of systems, supporting 54 projects in 10 states and 8 countries. Powin has a contracted pipeline to supply over 4,000 MWh of energy storage systems globally over the next five years. Powin’s journey is just beginning — if you are interested in learning more, please visit www.powin.com.

Communications Contacts


Christa Reichhardt

Mitsubishi Power

+1 407-484-5599

[email protected]

Sarah Bray

Innovant Public Relations

+1 832-226-2116

[email protected]

KEYWORDS: United States North America California Florida

INDUSTRY KEYWORDS: Alternative Energy Energy Other Energy Utilities

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Mitsubishi Power Americas, Inc. and Powin, LLC are helping Southern Power enhance the reliability of renewable energy in California with two utility-scale battery energy storage system (BESS) projects. The projects totaling 640 megawatt hours will be installed at Southern Power’s Garland and Tranquillity Solar Facilities to provide additional flexible resource capacity for integrating intermittent renewable energy into the grid. (Credit: Mitsubishi Power)

Dun & Bradstreet Launches D&B Rev.Up ABX, the Industry’s First Open RevTech Platform

Dun & Bradstreet Launches D&B Rev.Up ABX, the Industry’s First Open RevTech Platform

Combines first and third-party data with the industry-leading CDP and new alliances to coordinate highly personalized omnichannel engagement

SHORT HILLS, N.J.–(BUSINESS WIRE)–Dun & Bradstreet Holdings, Inc. (“Dun & Bradstreet” or the “Company”) (NYSE:DNB), a leading global provider of business decisioning data and analytics, today unveiled D&B Rev.Up, an open and agnostic platform that aligns teams, data and technology to deliver relevant and engaging buyer experiences for target accounts. D&B Rev.Up ABX is the first product in market to bring together first- and third-party data, activation capabilities and measurement, on top of its industry-leading customer data platform (CDP), giving sales and marketing teams a singular view of an account from targeting to revenue.

Marketing has become increasingly challenging in recent years, with more complex martech and salestech stacks, an increase in privacy regulations and the shift to digital, accelerated by the move to remote work. At the same time, marketing leaders are being tasked to do more with less and hold an equal responsibility for revenue generation, requiring a closer alignment with sales and operations leaders. In fact, a recent study of over 2,400 business-to-business (B2B) sales, marketing and operations leaders found that companies with an aligned revenue engine grow 19 percent faster and are 15 percent more profitable.

“As sales and marketing leaders move to shared revenue responsibility, it becomes important to gain a common view of the customer throughout the buying lifecycle,” said Stacy Greiner, Chief Marketing Officer at Dun & Bradstreet. “We designed D&B Rev.Up ABX to simplify marketing and sales workflows by providing data, targeting, activation and measurement in one platform, using an open architecture that allows teams to complement and capitalize on existing investments.”

Open, channel-based approach offers flexibility for account-based programs

D&B Rev.Up ABX takes a channel-agnostic approach that provides a 360-degree view of accounts, contacts, campaigns and sales plays. This approach offers clients the ability to address the channels that matter most and offers the flexibility to connect directly into existing martech or salestech stacks.

With its industry-leading CDP at its core, D&B Rev.Up ABX can ingest and unify first and third-party data and use advanced modeling to build and prioritize audiences that can easily be syndicated to an existing salestech and martech environment. It also includes a growing ecosystem of connectors for ease of integration and new account-based reporting and attribution to measure and optimize customer engagement.

D&B Rev.Up ABX channels include:

  • D&B Rev.Up ABX for Ads: enables execution of paid media campaigns through a managed service or self-serve option to buy display ads, with connectors to demand-side platforms (DSPs) or popular social media channels.
  • D&B Rev.Up ABX for Web: provides the ability to deanonymize web visitors to build targeted audiences and helps create more engaging user experiences through pre-populated forms and personalized content.
  • D&B Rev.Up ABX for Sales: enables the creation of targeted audiences for sales teams, rates opportunities, and puts sales plays into action with connectors to salestech solutions.
  • D&B Rev.Up for Email: helps build targeted audiences and activate email campaigns in connection with popular marketing automation platforms.

New alliances extend the value of Rev.Up ABX

Dun & Bradstreet has collaborated with Bombora and Folloze to further extend the insights and capabilities of the D&B Rev.Up platform.

Bombora provides comprehensive and ethically sourced intent data built around a taxonomy of 7000+ third-party intent topics. Bombora’s topic taxonomy will be integrated into D&B Hoovers to give customers more options for their intent data needs. Customers will be able to use Dun & Bradstreet’s 3500 topics, Dun & Bradstreet’s custom models, or Bombora’s taxonomy to find in-market buyers in the D&B Hoovers platform.

“From the beginning, Bombora’s mission has been to deliver data that tells sales and marketing teams what customers want- along with the ability to act in concert on those insights,” said Erik Matlick, Founder and CEO of Bombora. “Collaborating with Dun & Bradstreet—a company that effectively created the business information category—as they launch solutions aimed at creating a common view of a customer is a major step forward for us in the industry.”

Folloze brings rich Dun & Bradstreet data to life by empowering marketing teams to quickly create and launch data-powered personalized omnichannel experiences across the entire buyer journey. Key Folloze Buyer Experience capabilities are included in all Rev.Up ABX solutions, allowing Folloze to capture comprehensive first-party account and individual behavior analytics that feed back into the CDP for improved insight and further targeting. In addition, Folloze will orchestrate targeted campaign activities across the revenue teams including sales, account development and channel.

“B2B buying and selling has changed forever,” said Eric Bauer, Chief Growth Officer at Folloze. “Today’s digital-first buyers want to be treated as partners – not campaign targets. As such, creating the engaging account-based experiences across the entire buyer journey represents the new table stakes for every marketing team. Our alliance with Dun & Bradstreet makes it easy for marketing and revenue teams to retool and quickly deliver dynamic contextual experiences across a wide range of digital touchpoints.”

Dun & Bradstreet clients see success across buyer’s journey

Clients are already realizing the benefits of D&B Rev.Up ABX, citing greater flexibility, ease of integration into existing stacks, and the ability to gain deeper intelligence into target accounts.

“Dun & Bradstreet has been core to our account-based marketing strategy, serving as an open customer data platform for paid media and email campaigns,” said Roel Haanappel, Director Digital Growth at Unit4. “D&B Rev.Up ABX expands our ability to integrate with more systems and data, giving us greater flexibility and value from our current and future investments.”

“D&B Rev.Up ABX for Sales has helped our sellers get deeper intelligence on their best fit accounts that are most likely to buy now. That has helped us prioritize our efforts, drive new pipeline and increase our program’s average opportunity size by +40%” said Julia Dinolfo, Manager of Account Demand Strategy at NI (formerly known as National Instruments).

“We have worked alongside our clients to build these new solutions that drive sales and marketing efficiencies in a way that best suits their needs,” said Greiner. “We will continue to collaborate with clients to explore new types of data, new technologies, and flexible solutions to drive revenue growth at businesses of all sizes.”

D&B Rev.Up ABX solutions are now available in North America. For more information, please visit the Dun & Bradstreet blog or join us for the annual Rev.Up Summit, June 8-10, 2021.

About Dun & Bradstreet

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. Twitter: @DunBradstreet

Dun & Bradstreet Media contact:

Cari Zoch

Dun & Bradstreet

[email protected]

+1 512-795-6468

KEYWORDS: New Jersey United States North America

INDUSTRY KEYWORDS: Marketing Data Management Communications Technology Software Internet

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