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TEL AVIV, Israel, May 4, 2021 /PRNewswire/ — Innoviz Technologies (Nasdaq: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, announced today that it will participate in a fireside chat at Citi’s Car of The Future Virtual Symposium, which is being held virtually on May 12, 2021.

Innoviz management will present on Wednesday, May 12^th at 11:45 a.m. Eastern time (8:45 a.m. Pacific time), with one-on-one meetings to be held throughout the conference. The fireside chat will be webcast live and available for replay here.

About Innoviz Technologies

Innoviz is a leading provider of technology that will put autonomous vehicles on roads. Innoviz’s LiDAR technology can “see” better than a human driver and meets the automotive industry’s strict expectations for performance, safety and price. Selected by BMW for its fully autonomous car program, Innoviz’s technology will be deployed in its consumer vehicles. Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, and others. For more information, visit www.innoviz.tech.

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Contact Information

[email protected] 

Investor Contact

Maya Lustig

Innoviz Technologies
+972 54 677 8100
[email protected] 

Gateway Investor Relations

Cody Slach or Matt Glover
(949) 574-3860
[email protected]

Forward Looking Statements

This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz’s products, the markets in which Innoviz operates and Innoviz’s projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Innoviz’s annual report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on April 21, 2021 and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.

SOURCE Innoviz Technologies

REDWOOD CITY, Calif., May 4, 2021 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company, today announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company’s longstanding commitment to sustainability leadership and reducing its environmental impact. The offering is expected to close on May 17, 2021, subject to the satisfaction of customary closing conditions.

The $700 million 1.450% Senior Notes due 2026, $400 million 2.000% Senior Notes due 2028, $1.0 billion 2.500% Senior Notes due 2031, and $500 million 3.400% Senior Notes due 2052, have a weighted average coupon of 2.313%. A portion of the proceeds will be used to refinance our 5.375% Senior Notes due 2027 and a portion of our Term Loan Facility, which we expect to result in approximately $38 million of annual interest savings. This will further improve Equinix’s weighted average cost of debt of 2.06% and extend its weighted average debt maturity of 8.2 years, as reported for the period ending March 31, 2021.

Equinix intends to allocate an amount equal to the net proceeds from the green bonds to finance or refinance, in whole or in part, recently completed or future Eligible Green Projects, with disbursements covering project expenditures for up to two years preceding the issuance date of the green bonds and until and including the maturity date of the green bonds, including the development and redevelopment of such projects.

Pending the allocation of an amount equal to the net proceeds from the offering of the green bonds to Eligible Green Projects, we expect to temporarily use the net proceeds from the offering of the green bonds for the repayment of a portion of our Term Loan Facility and the redemption our 5.375% Senior Notes due 2027, including the payment of the premium and accrued and unpaid interest to the redemption date.

For the offering of the notes, BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG Securities Americas Inc. and SMBC Nikko Securities America, Inc. served as joint bookrunning managers.

Highlights/Key Facts

• Equinix has developed a Green Finance Framework based on the Green Bond Principles and Green Loan Principles, a set of guidelines that promote transparency and integrity in, and advance the standardization of, green debt disclosures. As outlined in Equinix’s Green Finance Framework, an amount equal to the net proceeds of the green bonds will be allocated to finance or refinance, in whole or in part, recently completed or future Eligible Green Projects in categories such as green buildings, renewable energy, energy efficiency, sustainable water and wastewater management, waste management and clean transportation that are expected to deliver benefits to Equinix and its shareholders. The Framework will increase Equinix’s focus on protecting the environment and addressing global climate change through greenhouse gas emissions reductions, increasing resource efficiency and driving corporate transparency and accountability. 
• Equinix recently received an A- score for its CDP Climate Change Survey, a leading environmental rating system focused on climate-related transparency and action, recognizing the company’s contribution to helping advance the development of the nation’s green power market, and its commitment to reach 100% clean and renewable energy across its portfolio. 
• Equinix continues to advance its green initiatives through its recent support of the new Climate Neutral Data Centre Operator Pact and Self-Regulatory Initiative. The Pact marks the first time the data center industry has come together to solidify its commitment to ensure that European data centers are carbon neutral by 2030.

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  Keith Taylor, Chief Financial Officer, Equinix
  
  “With our third green bond issuance today, we continue to strengthen our longstanding environmental commitments, both aligning our sustainability strategy with our financing needs and bolstering our sustainability initiatives.”

This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the bonds or any other securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. In addition, this press release is not an offer to purchase or a notice of redemption with regard to any outstanding notes or any other securities.

About Equinix

Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today’s businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.

Forward-Looking Statements

This press release contains forward-looking statements that are based on Equinix’s current expectations, including statements regarding the offering of the bonds, interest savings from the offering of the bonds, its sustainability objectives, the receipt and use of the net proceeds from the offering of the bonds and the consummation of any redemptions of outstanding notes or repayment of the Term Loan Facility. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including market conditions, customary closing conditions and other factors. In particular, there can be no assurance that Equinix will complete the offering of the bonds. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect Equinix and its results is included in Equinix’s filings with the SEC. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

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SOURCE Equinix, Inc.

HOUSTON, May 4, 2021 /PRNewswire/ — Soliton, Inc., (Nasdaq: SOLY) (“Soliton” or the “Company”), a medical device company with a novel and proprietary platform technology, today announced that the Company is scheduled to release its first quarter 2021 financial results on Thursday, May 13, 2021, before market open.

Soliton will host a conference call on Thursday, May 13, 2021, at 4:30 p.m. ET to discuss the results. The dial-in numbers for the conference call are (833) 423-0479 for domestic callers and (918) 922-2373 for international callers. The conference ID number is 4989465.

A live audio webcast of the call will be available on the Investor Relations page of the Soliton, Inc. website, https://www.soliton.com/. A replay of the webcast will be archived on Soliton’s website for 30 days following the completion of the call.

In addition, a telephonic replay of the call will be available until May 20, 2021. The replay dial-in numbers are (855) 859-2056 for domestic callers and (404) 537-3406 for international callers. Please use the replay conference ID number 4989465.

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About Soliton, Inc.

Soliton, Inc. is a medical device company with a novel and proprietary platform technology licensed from The University of Texas on behalf of MD Anderson Cancer Center. The Company’s first FDA cleared commercial product, RESONIC™, will use rapid pulses of acoustic shockwaves for the treatment of cellulite and as an accessory to lasers for the removal of unwanted tattoos. The Company is based in Houston, Texas, and is actively engaged in bringing RESONIC to the market. The Company believes this “Soliton” method has the potential to lower tattoo removal costs for patients, while increasing profitability to practitioners, compared to current laser removal methods. The Company also believes the technology will provide the first non-invasive acoustic technology to target the underlying causes of dimples and ridges in cellulite. Soliton is investigating potential additional capabilities of the RAP technology. The device is currently cleared in the United States only for use in tattoo removal and cellulite.

For more information about the Company, please visit: http://www.soliton.com

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which statements involve risks and uncertainties. These statements relate to future events, future expectations, plans and prospects. Although Soliton believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, actual results or outcomes may prove to be materially different from the expectations expressed or implied by such forward-looking statements. Soliton has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” “would,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed in our filings with the Securities and Exchange Commission (“SEC”), including under the heading ” Risk Factors” in our most recently filed Form 10-K filed with the SEC and as updated in our Form 10-Q filings and in our other filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. Soliton undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

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SOURCE Soliton, Inc.

ARLINGTON, Va., May 4, 2021 /PRNewswire/ — The AES Corporation (NYSE: AES) announced today that it has signed an agreement to supply the electricity to power Google’s (NASDAQ: GOOGL) Virginia-based data centers with 24/7 carbon-free energy under a 10-year supply contract. With this first clean energy procurement deal in the world of its kind, AES will help ensure that the energy powering those data centers will be 90% carbon-free when measured on an hourly basis. AES will become the sole supplier of the data centers’ carbon-free energy needs on an annual basis, sourcing energy from a portfolio of wind, solar, hydro and battery storage resources to be developed or contracted by AES. The agreement will start supply later in 2021 and is an important step in meeting Google’s previously announced goal to run its business on 100% carbon-free energy on an hourly basis by 2030.

“Last year, Google set an ambitious sustainability goal of committing to 100% 24/7 carbon-free energy by 2030. Today, we are proud that through our collaboration with Google, we are making 24/7 carbon-free energy a reality for their data centers in Virginia,” said Andrés Gluski, AES President and CEO. “This first-of-its-kind solution, which we co-created with Google, will set a new sustainability standard for companies and organizations seeking to eliminate carbon from their energy supply.”

“Not only is this partnership with AES an important step towards achieving Google’s 24/7 carbon-free energy goal, it also lays a blueprint for other companies looking to decarbonize their own operations,” says Michael Terrell, Director of Energy at Google. “Our hope is that this model can be replicated to accelerate the clean energy transition, both for companies and, eventually, for power grids.” 

AES assembled the 500 MW portfolio from a combination of AES’ own renewable energy projects and those of third-party developers, which were selected, sized and contracted to meet Google’s energy needs across a number of considerations, including cost efficiency, additionality and carbon-free energy profile. The portfolio assembled by AES is expected to require approximately $600 million of investment and generate 1,200 jobs, both permanent and construction, in the host communities. These efforts will greatly simplify Google’s energy procurement and management at a competitive price while decarbonizing Google’s load and the broader PJM grid.

This supply agreement follows on the strategic alliance AES and Google formed in November 2019 to leverage Google Cloud technology to accelerate innovation in energy distribution and management and advance the adoption of clean energy. AES is pioneering greener, smarter energy innovations, with the goal of expanding the services available to large-scale corporate customers.

About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we’re improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today. For more information, visit www.aes.com/products/our-offerings/new-clean-energy/.

Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our expectations regarding the COVID-19 pandemic, accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as the execution of PPAs, conversion of our backlog and growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission (the “SEC”), including, but not limited to, the risks discussed under Item 1A: “Risk Factors” and Item 7: “Management’s Discussion & Analysis” in AES’ 2020  Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the Company’s 2020 Annual Report on Form 10-K filed February 24, 2021 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Form 10-K may be obtained by visiting the Company’s website at www.aes.com.

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SOURCE The AES Corporation

TORONTO, May 4, 2021 /CNW/ – Jordan Bitove and Paul Rivett, co-owners of Torstar, are pleased to announce that Salah Bachir, a well-known Canadian entrepreneur and patron of the arts, has become Publisher of Star Cineplex magazine (formerly known as Cineplex Magazine) and will assume a consulting role with Torstar on diversity, arts and entertainment initiatives.

Salah Bachir has a wealth of experience, deep relationships and creative skills in magazine publishing. In 1999, he launched Famous Magazine, a movie and entertainment magazine distributed through the Famous Players movie theatre chain. Between 2005 and 2020, he was President of Cineplex Media and Publisher of Cineplex Magazine.

Torstar recently acquired exclusive rights to Cineplex Magazine, Canada’s leading entertainment publication, when it entered a long-term partnership with Cineplex. Star Cineplex will be distributed for free at Cineplex theatres across Canada. It will also be distributed across the Torstar network and to millions of SCENE loyalty members.

As Publisher of Star Cineplex, Mr. Bachir will be responsible for the overall operation of the magazine, with a particular emphasis on engaging and inspiring content.

Widely recognized as one of Canada’s most influential philanthropists and a major contributor to the arts, Mr. Bachir is Chancellor of OCAD University and is a Member of the Order of Canada and the Order of Ontario.

“We are thrilled that Salah has agreed to continue with us as publisher of Star Cineplex,” said Jordan Bitove, Publisher of the Toronto Star and co-owner of Torstar. “He is a well-known and respected publisher of the best-read magazine in Canada. I am excited to work with Salah on fresh ideas that will engage and inspire our readers.”

In addition to his role as Publisher, Mr. Bachir will lend his experience and creative expertise to key diversity, arts and entertainment initiatives at Torstar. He is a champion of the lesbian, gay, bisexual, transgender and queer (LGBTQ) community, having led significant fund-raising for causes such as AIDS research, equal rights and support for LGBTQ individuals in Canada.

“I’ve been watching what Torstar has been building in recent months and once it partnered with Cineplex, I knew I wanted to be part of the journey,” Mr. Bachir said. “I look forward to producing a world-class magazine that will delight readers. I also am looking forward to being part of the transformation under way at Torstar and advising the company on LGBTQ and BIPOC initiatives.”

“We are delighted that Salah is continuing with Star Cineplex magazine and can’t wait to see the team’s creativity and vision reach the new audience that the Torstar distribution network provides,” said Ellis Jacob, President and CEO, Cineplex. “We look forward to working with Salah and the Torstar team on a new magazine as we welcome our guests back to our theatres and back to the big screen.”

About Torstar: 

Torstar’s businesses include digital and print news organizations, including the Toronto Star, Canada’s largest daily newspaper, six regional daily newspapers in Ontario, including The Hamilton Spectator, and more than 70 weekly community newspapers in Ontario; and related businesses such as iPolitics, Metroland Parcel Delivery services as well as an interest in Sing Tao, one of Canada’s leading Chinese-language media companies. Torstar also holds a number of digital investments, including a majority interest in VerticalScope, a North American vertically-focused digital media company, and LeaseBusters, Canada’s leading car lease re-negotiation business. 

SOURCE Torstar Corporation

CALGARY, AB, May 4, 2021 /CNW/ – Serenic Software Inc., a Sylogist Ltd. (TSX: SYZ) (“Sylogist”) company, a leading provider of comprehensive enterprise resource planning (“ERP”) solutions for non-profits and non-governmental organizations, has made its flagship ERP solution, Serenic Navigator, built on Microsoft Dynamics 365 Business Central, available to customers on the Microsoft Cloud. Serenic Navigator is also listed on AppSource, the Microsoft cloud marketplace.

Serenic customers, and new customers alike, now have a clear path from on-premises fund accounting and ERP deployments to the Microsoft Cloud with Serenic Navigator.  Serenic Navigator includes unique, integrated capabilities for fund and encumbrance accounting, revenue tracking and cost analysis, grants, and outcomes measurement, online and offline donations, managing funding sources, complex budgeting and reporting, and detailed tracking of non-financial metrics related to services delivered.

“This demonstrates Serenic’s commitment to market leading innovation that thousands of nonprofits, international NGOs, local government and K-12 school district customers rely on,” said Bill Wood, President & CEO at Sylogist  “We appreciate our solutions support the critical aspects of customers’ missions and Serenic Navigator will immediately improve an organization’s productivity, transparency, data security and system availability without any retraining or disruption.”

“Microsoft counts on leading ISV partners, like Serenic Software, to deliver vertically-focused solutions built on Dynamics 365 Business Central.  We appreciate their commitment to bringing their Serenic Navigator solution, which has been serving nonprofits, K-12 education, and public sector organizations for almost 25 years, to the Microsoft Cloud,” stated Mike Morton, General Manager, Microsoft Dynamics 365 Business Central.

About Sylogist

Sylogist is a software company that, through strategic acquisitions, investments and operations management, provides comprehensive, mission-critical ERP and CRM solutions, including fund accounting, case management, grant management and payroll, to public service organizations. Serenic Software, a subsidiary of Sylogist., develops and delivers cloud ERP solutions for publicly funded organizations including nonprofits (NPO), international non-governmental organizations (NGO) and K-12 school districts/boards. Sylogist’s highly scalable, multi-language, multi-currency software solutions, serve the needs of an international clientele.

SOURCE Sylogist Ltd.

ESTERO, Fla., May 4, 2021 /PRNewswire/ — Hertz Global Holdings Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) confirmed today that it has received a revised proposal from affiliates of Knighthead Capital Management LLC, Certares Opportunities LLC, and Apollo Capital Management, LP to provide equity capital required to fund Hertz’s exit from Chapter 11. The revised proposal contemplates funding Hertz’s Plan of Reorganization through direct common stock investments aggregating $2.9 billion, direct preferred stock investments aggregating $1.5 billion and a rights offering to raise $1.36 billion. The revised proposal includes an amended Plan of Reorganization that contemplates payment in full of all secured and unsecured funded debt and provides holders of common stock with $0.50 per share in cash and either 10-year warrants for an aggregate of 10% of the reorganized company or, for eligible stockholders, the possibility of subscribing for shares of common stock in the rights offering. The revised proposal is subject to a number of conditions including approval by the Bankruptcy Court.  

Hertz’s Board of Directors has not yet made any determination regarding the revised proposal and will evaluate it in accordance with the procedures established by the Bankruptcy Court.

For Court documents or filings, please visit https://restructuring.primeclerk.com/hertz or call (877) 428-4661 (toll-free in the U.S.) or (929) 955-3421 (from outside the U.S.). White & Case LLP is serving as legal advisor, Moelis & Co. is serving as investment banker, and FTI Consulting is serving as financial advisor.

ABOUT HERTZ

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. The Hertz Corporation is one of the largest worldwide vehicle rental companies, and the Hertz brand is one of the most recognized globally. Additionally, The Hertz Corporation operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales. For more information about The Hertz Corporation, visit www.hertz.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements” within the meaning of federal securities laws. Words such as “expect” and “intend” and similar expressions identify forward-looking statements, which include but are not limited to statements related to our liquidity and potential financing sources; the bankruptcy process; our ability to obtain approval from the Bankruptcy Court with respect to motions or other requests made to the Bankruptcy Court throughout the course of the Chapter 11 Cases; the effects of Chapter 11 on the interests of various constituents; and the ability to negotiate, develop, confirm and consummate a plan of reorganization. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including those in our risk factors that we identify in our most recent annual report on Form 10-K for the year ended December 31, 2020, as filed with the Securities and Exchange Commission on February 26, 2021, and any updates thereto in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. We caution you not to place undue reliance on our forward-looking statements, which speak only as of their date, and we undertake no obligation to update this information.

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SOURCE Hertz Global Holdings Inc.