FAT Brands Announces Participation in LD Micro Main Event Conference

Los Angeles, CA, Dec. 14, 2020 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), parent company of Fatburger, Buffalo’s Express, and seven other restaurant concepts, today announced their participation in today’s LD Micro Main Event Conference.

The virtual conference will feature a 10-12 minute corporate presentation from FAT Brands President & CEO, Andrew Wiederhorn, followed by a Q & A session proctored by LD selected panelists.

The live broadcast of the virtual presentation is scheduled for today at 10:20 AM EST. Registration is free. Register Here.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands Inc. (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns nine restaurant brands: Fatburger, Johnny Rockets, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 675 units worldwide. For more information, please visit www.fatbrands.com.

Investor Relations:

ICR
Ashley DeSimone
[email protected]
646-677-1827

Media Relations:

JConnelly
Erin Mandzik
[email protected]
862-246-9911

####



Root to Host Video Webcast for Investors: A Deeper Dive into the Data Science Expertise at Root Insurance with JMP Securities

COLUMBUS, Ohio, Dec. 14, 2020 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced that Dan Rosenthal, Chief Financial Officer, and Dr. Matt Bonakdarpour, VP of Data Science, will co-host a video webcast along with JMP Securities, “A Deeper Dive into the Data Science Expertise at Root Insurance,” on Thursday December 17, 2020 at 12:00 p.m. eastern time.

To watch and listen to the live webcast, please visit the Events section of Root’s Investor Relations website at ir.joinroot.com. A replay will be archived on the same website following the call.

Matt Bonakdarpour leads the Data Science team at Root. Prior to Root, he was a Quantitative Researcher at Citadel LLC, working in the areas of high frequency trading and statistical arbitrage. Matt holds a BS in Computer Science from Carnegie Mellon University, and a PhD in Statistics from The University of Chicago.

About Root, Inc.

Root, Inc. is the parent company of Root Insurance Company. Root is a technology company revolutionizing personal insurance with a pricing model based upon fairness and a modern customer experience. Root’s modern, mobile-first customer experience is designed to make insurance simple.

Contacts

Media:

Tom Kuhn
Director of Communications
[email protected] 

Investor Relations:

Joe Laroche
Director of Investor Relations
[email protected]

Source: ROOT, INC.



American Family Insurance Expands Walk-in Payment Options for Cash-preferred Customers with CheckFreePay from Fiserv

American Family Insurance Expands Walk-in Payment Options for Cash-preferred Customers with CheckFreePay from Fiserv

American Family customers can make insurance payments at more than 30,000 locations

BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that American Family Insurance, a Fortune 300 multi-line insurance company, is accepting payments via the more than 30,000 CheckFreePay® locations nationwide, allowing its customers to make in-person cash payments conveniently and securely.

American Family Insurance is focused on a seamless customer experience that includes payment method options for auto, homeowners, renters, commercial and life insurance. With CheckFreePay from Fiserv, American Family customers who prefer to make their insurance payments via cash can do so in the same places they shop, including major retailers, grocery stores and convenience stores. This is a particularly welcomed development during the COVID-19 pandemic.

“Delivering unparalleled service and exceptional protection to our customers means offering them ways to pay that best suits their needs,” said May Vang, head of treasury, American Family Insurance. “CheckFreePay allows us to offer payment locations that are open seven days a week with extended hours, so that our customers can make payments in the manner they choose, at their convenience.”

Cash remains a go-to payment method for many consumers, who consider it to be a fast and secure way of making payments. To discover more research about the cash-preferred customer or learn more about CheckFreePay from Fiserv, visit checkfreepay.com.

“Not all customers have the means or the desire to make payments electronically, and supporting a preference-driven payments landscape means cost-effectively serving customers where they choose to interact,” said Pam Parker, president, Bill Payment Solutions, Fiserv. “Consumers expect their insurers to have them covered, so designing payment experiences that reflect the preferences of policyholders can resonate deeply and strengthen the customer bond.”

CheckFreePay from Fiserv is the largest processor of walk-in bill payments in the United States, processing more than 75 million transactions in 2019. CheckFreePay meets consumer needs for convenient cash payment solutions by enabling billers and merchants to offer in-person payment options at over 30,000 locations nationwide. With CheckFreePay, billers can offer the convenience of walk-in services through a large network of retailers, convenience stores, grocery stores, neighborhood bodegas and more.

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

About the American Family Insurance Group

Based in Madison, Wisconsin, American Family Insurance has been serving customers since 1927. We inspire, protect and restore dreams through our insurance products, exceptional service from our agency owners and employees, community investment and creative partnerships to address societal challenges. We act on our belief in diversity and inclusion by constantly evolving to meet customer needs and preferences. American Family Insurance group is the nation’s 13th-largest property/casualty insurance group, ranking No. 254 on the Fortune 500 list. The group sells American Family-brand products, primarily through exclusive agency owners in 19 states. The American Family Insurance group also includes CONNECT, powered by American Family Insurance The General, Homesite and Main Street America Insurance. Across these companies the group has more than 13,500 employees nationwide.

About Fiserv

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

FISV-G

Media Relations:

Mark Jelfs

Manager, Public Relations

Fiserv, Inc.

414-218-4019

[email protected]

Additional Contact:

Ann Cave

Vice President, External Communications

Fiserv, Inc.

678-325-9435

[email protected]

KEYWORDS: Wisconsin United States North America

INDUSTRY KEYWORDS: Professional Services Technology Insurance Finance Software Banking

MEDIA:

Logo
Logo

ExxonMobil Announces Emission Reduction Plans; Expects to Meet 2020 Goals

ExxonMobil Announces Emission Reduction Plans; Expects to Meet 2020 Goals

  • Greenhouse gas plans consistent with goals of Paris Agreement
  • Sets 2025 greenhouse gas emission reduction plan: intensity of upstream emissions to drop by 15-20%; methane intensity by 40-50%; flaring intensity by 35-45%
  • Aims for industry-leading greenhouse gas performance across its businesses by 2030
  • Plans to eliminate routine flaring by 2030; provide Scope 3 emissions beginning in 2021
  • Anticipates meeting 2020 methane and flaring reductions

IRVING, Texas–(BUSINESS WIRE)–
ExxonMobil said today it plans further reductions in greenhouse gas emissions over the next five years to support the goals of the Paris Agreement and anticipates meeting year-end 2020 reductions.

ExxonMobil plans to reduce the intensity of operated upstream greenhouse gas emissions by 15 to 20 percent by 2025, compared to 2016 levels. This will be supported by a 40 to 50 percent decrease in methane intensity, and a 35 to 45 percent decrease in flaring intensity across its global operations. The emission reduction plans, which cover Scope 1 and Scope 2 emissions from operated assets, are projected to be consistent with the goals of the Paris Agreement. The company also plans to align with the World Bank’s initiative to eliminate routine flaring by 2030.

“These meaningful near-term emission reductions result from our ongoing business planning process as we work towards industry-leading greenhouse gas performance across all our business lines,” said Darren Woods, chairman and chief executive officer of Exxon Mobil Corporation. “We respect and support society’s ambition to achieve net zero emissions by 2050, and continue to advocate for policies that promote cost-effective, market-based solutions to address the risks of climate change.”

ExxonMobil’s plans will leverage the continued application of operational efficiencies, and ongoing development and deployment of lower-emission technologies.

The plan is the result of several months of detailed analysis and includes input from shareholders.

Other measures include:

  • Continued investments in lower-emission technologies, such as carbon capture, manufacturing efficiencies, and advanced biofuels
  • Increased cogeneration capacity at manufacturing facilities
  • Continued support for sound policies that put a price on carbon
  • Continued accounting for environmental performance as part of executive compensation.

ExxonMobil will also provide Scope 3 emissions on an annual basis, but notes that reporting of these indirect emissions does not ultimately incentivize reductions by the actual emitters. Meaningful decreases in global greenhouse gas emissions will require changes in society’s energy choices coupled with the development and deployment of affordable lower-emission technologies.

Since 2000, the company has invested more than $10 billion researching, developing and deploying lower-emission technologies, including nearly $3 billion at cogeneration facilities that more efficiently produce electricity and reduce related emissions.

In 2018, ExxonMobil announced plans to achieve by year-end 2020, a 15 percent decrease in methane emissions and a 25 percent reduction in flaring, compared with 2016 levels. The company anticipates meeting both by year end. Detailed emissions performance is reported in annual publications, including the Energy and Carbon Summary.

The company has supported the Paris Agreement from its inception and continues to support U.S. government participation in the framework. ExxonMobil assesses its business strategy and plans against a range of scenarios, including those that meet the objectives of the Paris Agreement, which assume progress in technologies, infrastructure and government policies related to climate change.

The company supported the Oil and Gas Climate Initiative’s announcement to reduce methane and carbon intensity for upstream operations. It also deployed new technologies throughout its operations to reduce flaring and methane emissions, while working to test new technologies to detect and measure fugitive emissions. ExxonMobil publicly supports the regulation of methane from new and existing sources and issued a methane regulatory framework for governments to consider as they draft new policies.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. To learn more, visit exxonmobil.com and the Energy Factor.

Follow us on Twitter and LinkedIn.

Cautionary Statement

Statements of future events, goals or conditions in this release are forward-looking statements. Actual future results, including project plans and timing, future reductions in emissions and emissions intensity, and the impact of operational and technology efforts could vary depending on the ability to execute operational objectives on a timely and successful basis; changes in laws and regulations including international treaties and laws and regulations regarding greenhouse gas emissions and carbon costs; trade patterns and the development and enforcement of local, national and regional mandates; unforeseen technical or operational difficulties; the outcome of research efforts and future technology developments, including the ability to scale projects and technologies on a commercially competitive basis; changes in supply and demand and other market factors affecting future prices of oil, gas, and petrochemical products; changes in the relative energy mix across activities and geographies; the actions of competitors; changes in regional and global economic growth rates and consumer preferences; the pace of regional and global recovery from the COVID-19 pandemic and actions taken by governments and consumers resulting from the pandemic; changes in population growth, economic development or migration patterns; and other factors discussed in this release and in Item 1A. “Risk Factors” in ExxonMobil’s Annual Report on Form 10-K for 2019 and subsequent Quarterly Reports on Forms 10-Q, as well as under the heading “Factors Affecting Future Results” on the Investors page of ExxonMobil’s website at www.exxonmobil.com.

Media Relations

972-940-6007

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Oil/Gas Energy

MEDIA:

Logo
Logo

PharmaCyte Biotech Begins Physical Testing of CypCaps in Response to FDA Recommendations for its Clinical Trial Product

PharmaCyte Biotech Begins Physical Testing of CypCaps in Response to FDA Recommendations for its Clinical Trial Product

LAGUNA HILLS, Calif.–(BUSINESS WIRE)–
PharmaCyte Biotech, Inc. (OTCQB: PMCB), a biotechnology company focused on developing cellular therapies for cancer and diabetes using its signature live-cell encapsulation technology, Cell-in-a-Box®, announced today that it has commenced additional physical parameter testing of its CypCaps® product for pancreatic cancer, in line with the recommendations provided by the U.S. Food and Drug Administration (FDA).

The FDA has asked that two additional methods be developed to determine the strength of PharmaCyte’s encapsulated cells (CypCaps) to be used in the company’s planned clinical trial in locally advanced, inoperable pancreatic cancer (LAPC). One method involves pressing down on the capsule and measuring either the pressure required for it to burst, or for it to deform. Since the CypCaps are very small, special machinery that can measure such tiny changes has to be used to demonstrate this. The necessary machinery is now being incorporated as a quality control test for the CypCaps.

The second method involves letting water flow into the CypCaps, effectively “blowing them up.” The point at which the capsules explode will be used as a quality control parameter.

Previous work has shown the pressures and water conditions used in these tests to be well outside of the normal conditions encountered by the capsules inside the human body, so these tests are designed to simulate hypothetical conditions.

Earlier studies have shown that the capsules do not burst even when placed under very high pressure. Further, even in the very unlikely event that the capsule could break open, the cells inside will be recognized as foreign bodies by the immune system. Also, the encapsulated cells are primed for their suicide since they express the cytochrome P450 gene and thus would be killed by the low dose ifosfamide given as part of the treatment for LAPC.

Thus, these FDA mandated studies can be seen as additional release tests to ensure the reproducibility of the CypCaps.

PharmaCyte’s Chief Executive Officer, Kenneth L. Waggoner, said, “We are pleased to announce the development of these two new quality parameters and their incorporation into the quality testing as one of the additional studies requested by the FDA. In the meantime, PharmaCyte continues to work with its partners to address the other issues raised by the FDA that led to the clinical hold.”

To learn more about PharmaCyte’s pancreatic cancer treatment and how it works inside the body to treat locally advanced inoperable pancreatic cancer, we encourage you to watch the company’s documentary video complete with medical animations at: https://www.PharmaCyte.com/Cancer.

About PharmaCyte Biotech

PharmaCyte Biotech, Inc. is a biotechnology company developing cellular therapies for cancer and diabetes based upon a proprietary cellulose-based live cell encapsulation technology known as “Cell-in-a-Box®.” This technology is being used as a platform upon which therapies for several types of cancer and diabetes are being developed.

PharmaCyte’s therapy for cancer involves encapsulating genetically engineered human cells that convert an inactive chemotherapy drug into its active or “cancer-killing” form. For pancreatic cancer, these encapsulated cells are implanted in the blood supply to the patient’s tumor as close as possible to the site of the tumor. Once implanted, a chemotherapy drug that is normally activated in the liver (ifosfamide) is given intravenously at one-third the normal dose. The ifosfamide is carried by the circulatory system to where the encapsulated cells have been implanted. When the ifosfamide flows through pores in the capsules, the live cells inside act as a “bio-artificial liver” and activate the chemotherapy drug at the site of the cancer. This “targeted chemotherapy” has proven effective and safe to use in past clinical trials and we believe results in little to no treatment related side effects.

PharmaCyte’s therapy for Type 1 diabetes and insulin-dependent Type 2 diabetes involves encapsulating a human liver cell line that has been genetically engineered to produce and release insulin in response to the levels of blood sugar in the human body. PharmaCyte is also considering the use of genetically modified stem cells to treat diabetes. The encapsulation of the cell lines will be done using the Cell-in-a-Box® technology. Once the encapsulated cells are implanted in a diabetic patient, we anticipate that they will function as a “bio-artificial pancreas” for purposes of insulin production.

Safe Harbor

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that express the current beliefs and expectations of the management of PharmaCyte. Any statements contained herein that do not describe historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results, performance and achievements to differ materially from those discussed in such forward-looking statements. Factors that could affect our actual results include our ability to raise the necessary capital to fund our operations and to find partners to supplement our capabilities and resources, our ability to satisfactorily address the issues raised by the FDA in order to have the clinical hold on our IND removed, as well as such other factors that are included in the periodic reports on Form 10-K and Form 10-Q that we file with the U.S. Securities and Exchange Commission. These forward- looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, except as otherwise required by law, whether as a result of new information, future events or otherwise.

More information about PharmaCyte Biotech can be found at www.PharmaCyte.com. Information may also be obtained by contacting PharmaCyte’s Investor Relations Department.

Dr. Gerald W. Crabtree

Investor Relations:

PharmaCyte Biotech, Inc.

Investor Relations Department

Telephone: 917.595.2856

Email: [email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: FDA Diabetes Clinical Trials Stem Cells Other Health Biotechnology General Health Pharmaceutical Health Oncology

MEDIA:

Logo
Logo

HEICO Corporation Increases its Credit Facility to $1.5 Billion and Extends Term

HEICO Corporation Increases its Credit Facility to $1.5 Billion and Extends Term

Amended Credit Facility Increases HEICO’s Borrowing Capacity by 15%

HOLLYWOOD, Fla. & MIAMI–(BUSINESS WIRE)–
HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) announced today that it amended and extended its existing credit facility to a $1.5 billion unsecured revolving credit facility (the “Facility”). Additionally, the Facility’s maturity date has been extended by one year to November 2023 and it can be extended for an additional one-year period. The Facility is with a banking syndicate led by Truist Bank, Bank of America and Wells Fargo Bank. Co-Syndication Agents are PNC Bank and TD Bank, and other banks participating are Capital One, Fifth Third Bank, J.P. Morgan Chase Bank, and U.S. Bank as co-documentation agents, as well as Citibank, Synovous Bank, IberiaBank, and BankUnited.

The Facility, which is a record size for HEICO, may be increased to $1.85 billion under certain circumstances and amends the Company’s existing $1.3 billion revolving credit facility. Borrowings under the amended Facility bear interest at LIBOR plus the applicable margin ranging from 100 basis points to 200 basis points, based on certain leverage measurements.

HEICO’s Facility, which is available for general corporate purposes, will principally be used to fund acquisitions. Since 1996, HEICO has completed 81 acquisitions and remains committed to a disciplined and active capital allocation strategy. In the last twelve months, HEICO completed six acquisitions, despite the challenges of the COVID-19 global pandemic (the “Pandemic”).

Laurans A. Mendelson, HEICO’s Chairman & Chief Executive Officer, along with Co-Presidents, Eric A. Mendelson and Victor H. Mendelson remarked, “Despite the Pandemic’s complications, HEICO’s solid financial performance and strong credit profile enabled us to significantly expand our existing credit facility and extend the maturity by an additional year. The increased financial commitments, along with the Facility’s longer duration, will help us to continue making acquisitions and execute our strategic goals, while maintaining a low cost of capital.”

Carlos L. Macau Jr., HEICO’s Executive Vice President & Chief Financial Officer, added, “We continue to maintain a strong balance sheet with a laser focus on cash generation. The additional capacity in our credit facility will permit us to pursue cash generating acquisitions while maintaining a highly flexible capital structure. We appreciate the support and confidence of our bank group and look forward to continuing to work together in the future.”

The Company has two classes of common stock traded on the NYSE. Both classes, the Class A Common Stock (HEI.A) and the Common Stock (HEI), are virtually identical in all economic respects. The only difference between the share classes is the voting rights. The Class A Common Stock (HEI.A) carries 1/10 vote per share and the Common Stock (HEI) carries one vote per share. The stock symbols for HEICO’s two classes of common stock on most web sites are HEI.A and HEI. However, some web sites change HEICO’s Class A Common Stock symbol (HEI.A) to HEI/A, HEIa or HEI-A.

HEICO Corporation is engaged primarily in the design, production, servicing and distribution of products and services to certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO’s customers include a majority of the world’s airlines and overhaul shops, as well as numerous defense and space contractors and military agencies worldwide, in addition to medical, telecommunications and electronics equipment manufacturers. For more information about HEICO, please visit our website at http://www.heico.com.

Certain statements in this press release constitute forward-looking statements, which are subject to risks, uncertainties and contingencies. HEICO’s actual results may differ materially from those expressed in or implied by those forward-looking statements as a result of factors including: the severity, magnitude and duration of the Pandemic; HEICO’s liquidity and the amount and timing of cash generation; the continued decline in commercial air travel caused by the Pandemic, airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase to our costs to complete contracts; governmental and regulatory demands, export policies and restrictions, reductions in defense, space or homeland security spending by U.S. and/or foreign customers or competition from existing and new competitors, which could reduce our sales; our ability to introduce new products and services at profitable pricing levels, which could reduce our sales or sales growth; product development or manufacturing difficulties, which could increase our product development and manufacturing costs and delay sales; our ability to make acquisitions and achieve operating synergies from acquired businesses; customer credit risk; interest, foreign currency exchange and income tax rates; economic conditions within and outside of the aviation, defense, space, medical, telecommunications and electronics industries, which could negatively impact our costs and revenues; and defense spending or budget cuts, which could reduce our defense-related revenue. Parties receiving this material are encouraged to review all of HEICO’s filings with the Securities and Exchange Commission, including, but not limited to filings on Form 10-K, Form 10-Q and Form 8-K. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

Victor H. Mendelson (305) 374-1745

Carlos L. Macau, Jr. (954) 987-4000

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Semiconductor Technology Satellite Aerospace Manufacturing Hardware

MEDIA:

T-Mobile and The Drone Racing League Announce Multi-Year Partnership to Innovate 5G Wireless Drone Technology and Reimagine Sports Entertainment

T-Mobile and The Drone Racing League Announce Multi-Year Partnership to Innovate 5G Wireless Drone Technology and Reimagine Sports Entertainment

DRL to develop new T-Mobile 5G-powered racing drones running on America’s largest 5G network

BELLEVUE, Wash. & NEW YORK–(BUSINESS WIRE)–
T-Mobile (NASDAQ: TMUS) and The Drone Racing League (DRL), the global, professional drone racing property, announced a broad-reaching partnership to advance 5G-powered drone technology. As part of the multi-year deal, T-Mobile has made an investment in DRL via the company’s T-Mobile Ventures fund, and the Un-carrier has signed on as the league’s exclusive U.S. 5G Wireless partner. Together, T-Mobile and DRL will innovate 5G racing drone technology to create the first integrated 5G racing drones, with the aim of authentically building them into the sport. DRL will develop first-of-its-kind, custom racing drones powered by T-Mobile 5G during the 2021 DRL Allianz World Championship Season.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201214005240/en/

DRL’s high-speed 5G racing drones, running on America’s first and largest 5G network, will enable the companies to stream DRL’s 3D racing action to fans in real time. And the 5G racing drones will enable the companies to deliver unique, immersive experiences to fans and millions of T-Mobile customers across the country, and open up opportunities for new applications across a wide variety of industries.

“We invested in DRL to fuel innovation in two large and growing markets – drones and tech-powered sports – and we can’t wait to supercharge both with T-Mobile 5G,” said Neville Ray, President of Technology at T-Mobile. “The world’s fastest drones and the nation’s largest 5G network – now that’s a fantastic combination!”

DRL features the world’s top pilots flying custom racing drones through live and virtual iconic locations around the globe to create the New Playing Field, combining the adrenaline of high-speed racing with the limitless possibilities of esports. In live events, pilots race standardized FPV (First Person View) drones at nearly 100 miles per hour, wearing goggles that stream a live video feed from a camera on their drone, as they navigate complex, three-dimensional courses. Tens of millions of next generation sports fans watch DRL on premier sports networks around the world, including NBC, NBCSN, Twitter and Facebook.

“T-Mobile is one of the most innovative marketers in sports, entertainment and technology – sharing our mission to bring the most immersive experiences to millions of fans around the world. With a foundation of the best 5G wireless technology to power our racing drones, we’re excited to set the new standard for sports and create cutting-edge content and collaborations across T-Mobile’s sports, music and lifestyle properties,” said DRL President Rachel Jacobson.

Innovating through new groundbreaking technology is part of DRL’s DNA: The league has launched four iterations of racing drones, a record-setting fastest racing drone, and the first autonomous racing drone – all designed and hand-built with proprietary technology by its in-house team of expert drone engineers. The addition of T-Mobile 5G will propel the sport forward and offer new opportunities to drive fan engagement. Data shows that DRL fans are ready, willing and able to play a part – they are 14X more likely than the U.S. population to be considered “tech-savvy” and 4X more likely to be interested in gaming.

T-Mobile has invested in DRL through T-Mobile Ventures, a multi-year investment fund focused on early and emerging growth companies developing groundbreaking 5G products and services for the T-Mobile network. As a T-Mobile Ventures portfolio company, DRL will benefit from T-Mobile’s network and engineering expertise, go-to-market infrastructure and investment backing as the companies work together to develop the next big thing in 5G racing drones and sports technology.

As part of the partnership, DRL will feature T-Mobile in the 2021 DRL Allianz World Championship Season through advertising spots and branded course elements in the DRL SIM, the virtual platform hosting the elite competition. T-Mobile will also support the DRL Academy, the league’s STEM program, creating educational programming around 5G and drones to inspire the next generation of technologists and digital athletes.

T-Mobile 5G, A Platform for Innovation

T-Mobile is America’s 5G leader, delivering 5G speeds in more places with the first and largest nationwide 5G network. T-Mobile’s Extended Range 5G covers more than 270 million people across more than 1.4 million square miles – 2x more geographic coverage than AT&T and 3.5x more than Verizon. With Sprint now part of T-Mobile, the Un-carrier is quickly lighting up Ultra Capacity 5G with technology that can deliver download speeds of 300 Mbps and peak speeds up to 1 Gbps.

Now is the time for developers to build applications that take advantage of 5G’s transformational power, and drones represent one of the most exciting use cases for 5G. From the engine behind a new self-service economy, to industrial IoT, security monitoring, emergency response and so much more, autonomous 5G drones will dramatically transform industry and commerce.

With its supercharged 5G network as the foundation, T-Mobile is working to fuel this kind of 5G innovation. T-Mobile Ventures backs early and emerging growth companies building the next big thing in 5G. The Un-carrier also collaborates with universities and standards bodies to support 5G research and development. In addition, T-Mobile runs the award-winning T-Mobile Accelerator and is a co-founder of the 5G Open Innovation Lab.

For more on T-Mobile’s plans for 5G-powered drone innovation, read today’s blog from the company’s EVP of Advanced & Emerging Technologies, John Saw.

About T-Mobile

T-Mobile U.S. Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit: http://www.t-mobile.com.

About Drone Racing League

The Drone Racing League (DRL) is the global, professional drone racing property for elite FPV (First Person View) pilots. Merging the digital with the real, DRL combines innovative drone technology, custom content, and visually thrilling racing across live sporting and esports events to create the new playing field. Founded by Nicholas Horbaczewski in 2015, DRL is a privately held company headquartered in NYC. For more information, visit www.drl.io. To join the conversation, follow DRL on Facebook at facebook.com/thedroneracingleague, on Twitter @DroneRaceLeague, and on Instagram @thedroneracingleague.

Media Contacts

T-Mobile US, Inc. Media Relations

[email protected]

Drone Racing League

Melanie Wallner, Director of Communications

[email protected]

Investor Relations Contact

T-Mobile US, Inc.

[email protected]

http://investor.t-mobile.com

KEYWORDS: United States North America Washington New York

INDUSTRY KEYWORDS: Technology Mobile/Wireless Other Sports Licensing (Sports) General Sports Sports Telecommunications Consumer Electronics Outdoors

MEDIA:

Logo
Logo
Logo
Logo

J.B. Hunt Adds Temperature-Controlled Services to Digital Freight Matching Platform J.B. Hunt 360

J.B. Hunt Adds Temperature-Controlled Services to Digital Freight Matching Platform J.B. Hunt 360

LOWELL, Ark.–(BUSINESS WIRE)–
J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions companies in North America, announced today enhancements to its J.B. Hunt 360°® technology platform, including the availability of temperature-controlled transportation services within Shipper 360 by J.B. Hunt.

More than 10,000 carriers utilizing J.B. Hunt 360 will offer temperature-controlled delivery services. Shippers will be able to select from a variety of temperature ranges when using Shipper 360 to create a shipment, which can be booked in the platform in as little as three minutes. The addition further establishes J.B. Hunt 360 as the most versatile digital freight matching platform in the industry, also offering truckload, intermodal, and less-than-truckload options.

“J.B. Hunt 360 has opened the marketplace for shippers and carriers to connect, and we continue to expand that by bringing new solutions, such as temperature-controlled, into the platform,” said Shelley Simpson, chief commercial officer and executive vice president of people and human resources at J.B. Hunt. “Shipper 360, specifically, enables businesses of all sizes to be more responsive in today’s dynamic freight market and match their capacity needs with the right truck at the right time.”

The latest version of Shipper 360 adds greater convenience to the platform’s user-focused design. It provides customers of all sizes with flexible shipping windows, mode recommendations, real-time rates based on carrier demand, and access to a pool of more than 777,000 trucks. Using Shipper 360, customers can compare rates, schedule deliveries, and create alerts, allowing them to focus on essential tasks while having access to information when they need it. Customers can use the Shipper 360 mobile application, now available in the Google and Apple app stores, to track and trace current freight.

J.B. Hunt 360 also helps shippers improve the efficiency of onsite facility management by frequently gathering feedback from carriers on facility convenience, timeliness, and accommodations. Carriers have submitted more than 830,0000 reviews, and the information is shared directly with customers in Shipper 360 for transparency.

Shipper 360 is one component of the company’s overall technology solution, J.B. Hunt 360, that addresses the need for efficiency, cost savings, and visibility across the supply chain. Through J.B. Hunt 360, customers and carriers can engage in a marketplace for freight matching, gain unprecedented visibility into their operations, and access features that automate and streamline day-to-day efforts. By leveraging its 59 years of industry experience and innovative technology, J.B. Hunt is creating the most efficient transportation network in North America.

About J.B. Hunt

J.B. Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.

Brad Delco

Vice President – Finance & Investor Relations

(479) 820-2723

KEYWORDS: United States North America Arkansas

INDUSTRY KEYWORDS: Supply Chain Management Trucking Logistics/Supply Chain Management Retail Transport

MEDIA:

Logo
Logo

Insight’s Tech Journal Toasts a New Year With Reasons for Optimism About the Future of IT

Insight’s Tech Journal Toasts a New Year With Reasons for Optimism About the Future of IT

The quarterly digital magazine reflects on how companies used technology to turn a year of uncertainty into one of resiliency and new opportunities moving forward

TEMPE, Ariz.–(BUSINESS WIRE)–
If the past year was beset by unprecedented uncertainty, it was also met by the resiliency of organizations like Ignite Brewing Company that turned to technology as they quickly pivoted to serve their communities in new ways.

In the winter issue of its quarterly digital magazine, Tech Journal, Insight Enterprises (NASDAQ:NSIT), the global integrator of Insight Intelligent Technology Solutions™ for organizations of all sizes, reflects on how the tribulations of 2020 inspired new business roles for IT. Looking ahead to 2021, the magazine provides further reason for optimism, including ways to turn IT into a profit center, navigating the cloud for innovation, areas of opportunity for small to medium businesses, and understanding the value of Agile and DevOps as organizations implement new IT strategies to recover or gain greater momentum moving forward.

Insight’s Tech Journal helps IT executives, Chief Experience Officers (CXOs), business owners and business unit leaders understand the latest developments in remote working, mobility, collaboration, cloud, data center, cybersecurity, networking, Artificial Intelligence (AI), the Internet of Things (IoT) and IT supply chain optimization.

“Despite the fact that we spent the majority of 2020 physically isolated from others, the year felt extraordinarily personal and intimate as we met colleagues and clients virtually from our home offices. Healthcare organizations rapidly adapted to remote care. Restaurants and retail augmented operations to support online ordering, delivery and curbside pickup,” said Amy Protexter, editor-in-chief and senior vice president of marketing, Insight. “In this issue, we acknowledge the difficult decisions organizations had to make and their extraordinary efforts to find a new way forward amidst the instability of our world.”

The winter 2020 issue of the Tech Journal explores the following lessons learned and more:

  • This edition’s cover story suggests New Year’s resolutions to help businesses and IT budgets get fit and more flexible by going more digital.
  • Modern IT lifecycle management starts with devices untethered from on-premises infrastructure and enabled by Virtual Desktop Infrastructure (VDI), cloud-based provisioning and simpler setups to keep mobile end users connected and engaged.
  • IT can be a profit center by reducing operating costs and labor — but it can also fuel new lines of business, optimize and inform the entire organization.
  • The road to innovation goes through the public cloud; from foundation to transformation, the right platforms, tools and partnerships define how to build an effective cloud strategy.
  • If 2020 provided a crash course in digital adoption, then these top five IT trends will help small to midmarket companies graduate to modernization with lasting benefits to their business.
  • Agile and DevOps together provide a nimbler response to digital disruption amid shifting customer needs, rising expectations and competitive pressures.
  • In the wake of recent government data breaches, software asset management remains a commonly overlooked but critical part of a strong security posture.

Read Insight’s Tech Journal at insight.com/techjournal. To learn more about Insight’s digital transformation solutions, visit insight.com or call 1.800.INSIGHT.

About Insight

Today, every business is a technology business. Insight Enterprises Inc. empowers organizations of all sizes with Insight Intelligent Technology Solutions™ and services to maximize the business value of IT. As a Fortune 500-ranked global provider of Digital Innovation, Cloud + Data Center Transformation, Connected Workforce, and Supply Chain Optimization solutions and services, we help clients successfully manage their IT today while transforming for tomorrow. From IT strategy and design to implementation and management, our 11,000 teammates help clients innovate and optimize their operations to run business smarter. Discover more at insight.com. NSIT-M

About Tech Journal

The Insight Tech Journal is a complimentary digital magazine written by IT industry thought leaders touching on a range of topics, including supply chain optimization, workplace collaboration, cloud and data center transformation, and digital innovation. Dive into the trends and solutions shaping today’s IT and business landscape and hear best practices firsthand from the experts themselves.

Scott Walters

Insight Enterprises

Tel. 480.889.9798

Email: [email protected]

Ariel Kouvaras

Sloane & Company

Tel. 212.446.1884

Email: [email protected]

 

KEYWORDS: Arizona United States North America

INDUSTRY KEYWORDS: Software Internet Hardware Data Management Technology Mobile/Wireless Other Technology Security

MEDIA:

Comtech Telecommunications Corp. Receives $3.5 Million Contract for High-Power Amplifiers for Medical Application

Comtech Telecommunications Corp. Receives $3.5 Million Contract for High-Power Amplifiers for Medical Application

MELVILLE, N.Y.–(BUSINESS WIRE)–
December 14, 2020– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its second quarter of fiscal 2021, its New York-based subsidiary, Comtech PST Corp., which is part of Comtech’s Government Solutions segment, received a follow-on contract award for $3.5 million for solid-state, high-power RF amplifiers from a major domestic medical instrumentation provider.

These amplifiers are used by one of the world’s largest supplier of image-guided radiotherapy (“IGRT”) and image-guided intensity modulated radiation therapy (“IMRT”) medical equipment, providing state-of-the-art solutions for the treatment of cancer. These advanced forms of treatment deliver versatile complex doses of radiation at greater speed and accuracy, thereby minimizing damage to surrounding healthy tissue.

In commenting on this contract award, Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. said, “This significant award demonstrates Comtech’s strength in delivering solid-state, high-power RF amplifiers for medical systems and we look forward to continuing to address this important market.”

Comtech PST Corp. (www.comtechpst.com) is a leading independent supplier of broadband, high-power, high performance RF microwave amplifiers and control components for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.

Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

PCMTL

Media Contact:

Michael D. Porcelain, President and Chief Operating Officer

631-962-7000

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Technology Satellite VoIP Telecommunications Software Hardware

MEDIA:

Logo
Logo