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Vishay Intertechnology 600 V EF Series Fast Body Diode MOSFET Delivers Industry-Low RDS(ON)*Qg FOM for Power Conversion Applications

Fourth-Generation N-Channel Device Lowers Conduction and Switching Losses, Increases Efficiency

MALVERN, Pa., Dec. 02, 2020 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new device in its fourth generation of 600 V EF Series fast body diode MOSFETs. Providing high efficiency for telecom, industrial, computing, and enterprise power supply applications, the Vishay Siliconix n-channel SiHH070N60EF slashes on-resistance by 29 % compared with previous-generation devices while delivering 60 % lower gate charge. This results in the industry’s lowest on-resistance times gate charge for devices in the same class, a key figure of merit (FOM) for 600 V MOSFETs used in power conversion applications.

Vishay offers a broad line of MOSFET technologies that support all stages of the power conversion process, from high voltage inputs to the low voltage outputs required to power the latest high-tech equipment. With the SiHH070N60EF and upcoming devices in the fourth-generation 600 V EF Series family, the company is addressing the need for efficiency and power density improvements in two of the first stages of the power system architecture — totem-pole bridgeless power factor correction (PFC) and soft-switched DC/DC converter topologies.

Built on Vishay’s latest energy-efficient E Series superjunction technology, the SiHH070N60EF features low typical on-resistance of 0.061 Ω at 10 V and ultra-low gate charge down to 50 nC. The device’s FOM of 3.1 Ω*nC is 30 % lower than the closest competing MOSFET in the same class. These values translate into reduced conduction and switching losses to save energy. For improved switching performance in zero voltage switching (ZVS) topologies such as LLC resonant converters, the SiHH070N60EF provides low effective output capacitances Co(er) and Co(tr) of 90 pf and 560 pF, respectively. The device’s Co(tr) is 32 % lower than the closest competing MOSFET in the same class.

Offered in the PowerPAK® 8×8 package, the device released today is RoHS-compliant, halogen-free, and designed to withstand overvoltage transients in avalanche mode with guaranteed limits through 100 % UIS testing.

Samples and production quantities of the SiHH070N60EF are available now, with lead times of 10 weeks.

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.™ Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech™ is a trademark of Vishay Intertechnology. PowerPAK is a registered trademark of Siliconix incorporated.

Vishay on Facebook:
http://www.facebook.com/VishayIntertechnology

Vishay Twitter feed:
http://twitter.com/vishayindust

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http://twitter.com/intent/tweet?text=.@vishayindust 600 V EF Series fast body diode MOSFET slashes on-resistance by 29 %25, compared with previous-generation devices, while delivering 60 %25 lower gate charge, a key FOM for power conversion applications. – https://bit.ly/2VhSlAj

Links to product datasheet:

http://www.vishay.com/ppg?92290 (SiHH070N60EF)

Link to product photo:

https://www.flickr.com/photos/vishay/albums/72157717028863011

For more information please contact:

Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
or
Redpines
Bob Decker, +1 415 409-0233
[email protected]



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The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Precigen, Inc. f/k/a Intrexon Corporation (PGEN, XON)

LOS ANGELES, Dec. 02, 2020 (GLOBE NEWSWIRE) — The Law Offices of Frank R. Cruz reminds investors of the upcoming December 4, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Precigen, Inc. (“Precigen” or the “Company”) f/k/a Intrexon Corporation (“Intrexon”) (NASDAQ: PGEN, XON) securities between May 10, 2017 and September 25, 2020, inclusive (the “Class Period”).

If you are a shareholder who suffered a loss, click here to participate.

On September 25, 2020, the U.S. Securities and Exchange Commission (“SEC”) announced a $2.6 million civil penalty against the Company related to its statements about the “purported success converting relatively inexpensive natural gas into more expensive industrial chemicals using a proprietary methane bioconversion (‘MBC’) program.” In its cease-and-desist order, the SEC noted that “Intrexon was primarily using significantly more expensive pure methane for the relevant laboratory experiments but was indicating that the results had been achieved using natural gas.” Though the Company had pitched the program to business partners throughout 2017 and 2018, the SEC pointed out that a “number of the potential partners performed due diligence on the MBC program including reviewing lab results and plans for commercialization[, and] Intrexon has not yet found a partner for the MBC program.”

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Intrexon was using pure methane as feedstock for its announced yields for its methanotroph bioconversion platform instead of natural gas; (2) yields from natural gas as a feedstock were substantially lower than the aforementioned pure methane yields; (3) due to the substantial price difference between pure methane and natural gas, pure methane was not a commercially viable feedstock; (4) the Company’s financial statements for the quarter ended March 31, 2018 were false and could not be relied upon; (5) Intrexon had material weaknesses in its internal controls over financial reporting; (6) the Company was under investigation by the SEC since October 2018; and (7) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased or otherwise acquired Precigen securities during the Class Period, you may move the Court no later than December 4, 2020 to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com



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Ushur Expands Senior Leadership with Strategic Solutions Hire

Former Pegasystems director will deliver Ushur’s technical capabilities throughout customer lifecycle

SANTA CLARA, Calif., Dec. 02, 2020 (GLOBE NEWSWIRE) — Ushur, the no-code intelligent automation company, today announced that senior software executive John Lepore has joined as Global Head of Solutions Engineering. Lepore and his team will ensure the successful implementation, expansion and renewal of Ushur’s customers, working with them at every stage to solve their digital transformation challenges.

Lepore previously spent 12 years at Pegasystems in a variety of leadership roles. As Managing Director of Solutions Consulting, he led a 140-person department that drove adoption of intelligent automation, RPA and CRM products, exceeding $250M in revenue. He also built its Financial Services solution consulting sector from the ground up, growing the revenue stream from $7M to over $70M in eight years. Lepore then became the VP of Digital Strategy for BPM service provider BP3 Global, where he took a new digital automation platform from zero to a $1M run rate in six months. Most recently, at ECM platform Alfresco, Lepore led a solutions engineering team responsible for increasing the average deal size by 85% year-over-year.

“John is the kind of leader every fast-growing software company looks for,” said Simha Sadasiva, CEO of Ushur. “With 25 years experience driving solution sales, consulting and implementation, his expertise will be key to helping customers transform their approach to customer engagement.”

“I’m looking forward to helping customers unlock the tremendous value in Ushur’s technology,” Lepore said. “Ushur’s ‘modernization in a box’ is an incredibly compelling proposition, and it’s exciting to be out there delivering it.”

Lepore is Ushur’s fourth sales- and product-focused senior executive hire in the past several months, as the company continues rapid expansion on the back of its $25M Series B funding. Lepore’s appointment follows Meredith Blanton–Cook as Head of Global Insurance, Janeen Blanton as Director of Customer Success and Kate Gringas as Vice President of Strategic Accounts.

About
Ushur


Ushur
 is the complete solution for intelligent automation. Companies such as HealthSpire, Irish Life and Unum use Ushur to automate claims and broker interactions and collect missing information for member journeys over email, apps, SMS and more using conversational AI and intuitive workflows. Ushur’s end-to-end platform accelerates time to value with features like a no-code visual builder, powerful tools for data extraction and integrations with back-end core systems. Ushur is headquartered in Santa Clara with an office in Bangalore and is backed by investors including Third Point Ventures and 8VC.

Media Contact

Theresa Carper
[email protected]
415 848 9175



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Engineering, environmental firm expands in Columbus

POWER Engineers brings jobs, support to region

COLUMBUS, Ohio, Dec. 02, 2020 (GLOBE NEWSWIRE) — POWER Engineers, Inc., an Idaho-based consulting engineering and environmental firm, is expanding its presence in Columbus, Ohio, to better serve its regional energy clients.

The company began with eight employees in the Columbus area providing project management, distribution engineering, substation engineering, environmental planning and permitting, routing and siting, and other services to clients such as American Electric Power, Northern Indiana Public Service Company and American Municipal Power. Since the office officially opened in September, it’s grown to 15 employees, with plans for further expansion.

“Our office locations are always based on client needs,” said Nathan Bingham, vice president of engineering for POWER’s distribution services. “As our Columbus-area clients’ needs evolve, we want to be in a better position to support them. This new location will strengthen our ability to support our clients’ power delivery, renewables, and oil and gas projects with integrated engineering and environmental solutions.”

The company has leased physical office space at 6530 W. Campus Oval, Suite 200, in New Albany. While employees will have access to that space for essential purposes, POWER employees are expected to continue remote work through at least January 2021.

 “We’re looking forward to expanding our presence in the Midwest and continuing to strengthen our ties with the Columbus community with a permanent office location,” Bingham said.

POWER’s Columbus office will be the second in the state. The company’s 30-person Cincinnati office focuses mainly on environmental, site assessment and corrective action, and building information modeling services.

About POWER Engineers: POWER Engineers is a global consulting firm specializing in the delivery of integrated solutions for our clients. POWER Engineers offers complete multidisciplinary engineering, environmental and program management services. Founded in 1976, it is an employee-owned company with more than 2,700 employees and 45 offices throughout the United States and abroad.



Janet Metzger
POWER Engineers
(208) 288-6132
[email protected]

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Ideal For Convenient, Low Maintenance Printing, Canon U.S.A. Strengthens The PIXMA G-series MegaTank Printer Family

PR Newswire

MELVILLE, N.Y., Dec. 2, 2020 /PRNewswire/ — Canon U.S.A., Inc., a leader in digital imaging solutions, today announced three additions to the family of PIXMA G-series MegaTank Printers: the PIXMA G3260 MegaTank Wireless1 All-In-One Printer, PIXMA G2260 MegaTank All-In-One Printer, and PIXMA MegaTank G1220 Single-Function Printer. These printers are ideal for high-volume printing environments such as home offices or classrooms, or anywhere a user needs a printer with excellent connectivity and convenient, high-quality printing.

“Convenience, ease-of-use and reliability are essential for people who are working or distance-learning from home,” said Tatsuro “Tony” Kano, executive vice president and general manager of Canon U.S.A.’s Imaging Technologies & Communications Group. “The family of PIXMA G-Series MegaTank printers can help ease the printing experience for employees and students who are away from their office or school and dependent on high-quality printing for their day-to-day tasks.”

Each of these PIXMA G-series MegaTank printers features a front-facing, built-in refillable ink tank system, making it simple for users to monitor ink levels and refill when needed. The new ink bottles do not require the user to squeeze the bottles to fill the ink tanks, and fill-up stops when the tank becomes full. The black ink provides up to 6,000 black and white pages per bottle2, and the color ink bottles combined provide up to 7,700 color pages2.

The PIXMA G3260 and PIXMA G2260 printers deliver print speeds of up to 10.8 images per minute (ipm) in black and white (B/W) and 6.0 ipm in color3. The PIXMA G1220 printer offers print speeds of up to 9.1 ipm in B/W and 5.0 ipm in color3. Both the PIXMA G3260 and G2260 MegaTank All-In-One Printers provide users with the option to print, copy and scan, and feature a 2-line mono LCD screen.

The PIXMA G3260 printer is equipped with Wi-Fi®1 capabilities, and users can now dictate print commands through the Amazon Alexa™4 and Google Assistant™4 enabled smart speaker devices. By simply using a compatible smartphone and the Canon PRINT app5, users can easily access PIXMA Cloud Link5 to print photos and documents from popular online social platforms and services, such as Facebook®, Dropbox®, Evernote®, Google Drive™4 and Microsoft® OneDrive®.

All of these new PIXMA G-Series MegaTank printers support PosterArtist Lite V3.X software6. Users can easily and quickly create flyers and posters, choosing from approximately 100 templates. Users can also take their customization even further by selecting photographs and clip art from an extensive collection of available content.

Pricing and Availability
The PIXMA G3260, PIXMA G2260, and PIXMA G1220 MegaTank printers are scheduled to be available in early December for a suggested retail price of $199.99, $179.99, and $159.99, respectively*. For more information and a detailed listing of all product features, please visit usa.canon.com/megatankprinters

About Canon U.S.A., Inc.
Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $33 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranks third overall in U.S. patents granted in 2019† and was named one of Fortune Magazine’s World’s Most Admired Companies in 2020. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company’s RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.

†Based on weekly patent counts issued by United States Patent and Trademark Office.

*
Specifications, availability and
prices are subject to change without notice.  Actual prices are set by individual dealers and may vary.


1

W
i
reless printing requires a working network with wireless 802.11 b/g/n capability, operating at 2.4GHz. Wireless performance may vary based on terrain and distance between the printer and wireless network clients.


2

Page yield of included ink bottles used for initial setup is lower than the replacement ink bottles, as a certain amount of ink is consumed to fill into the print head during setup (charging the print head initially). Page yield is the estimated value based on Canon individual test method using the ISO/IEC 24712 chart and continuous printing simulation with the replacement ink bottles after initial setup. Page yield of color inks is an average yield of cyan, magenta, and yellow inks combined. Page yield varies significantly depending on content printed, ink levels maintained in all four reservoirs, and other factors. Up to 6,000 (black)/7,700 (color) printed page yields are approximate using ‘default printing mode’ via Windows/Mac OS driver or printer copy setting, based off document pages printed
.


3  

I
PM print speeds are based on the default speed printer driver mode using black and white and color text patterns. Print speed is measured as soon as the first page begins to feed into the printer and will vary depending on system configuration, interface, software, document complexity, print mode, types of paper used, and page coverage. See usa.canon.com/ipm for additional details.


4

 
Requires an active smart assistant account linked and accompanying app-enabled, the smart device and printer to be actively connected with permission to the Canon Inkjet Cloud Printing Center, and the required action(s), skill(s), or applet(s) available/enabled to the compatible printer. Voice commands can not be displayed as text on Amazon smart devices with screens.


5

Requires an Internet connection and the Canon PRINT Inkjet/SELPHY app, available for free on the App Store and at Google Play. Compatible with Apple devices running iOS 7.0 or later and Android mobile devices running Android 4.0 or later. Your device must be connected to the same working network with wireless 802.11 b/g/n capability as your printer.


6

PosterArtist Lite software v3.X is compatible with 64/32 bit versions of Microsoft® Windows® 10, Windows 8.1, Windows 7 and only compatible with select Canon PIXMA (released after July 2015), MAXIFY, imagePROGRAF, and Océ printers. Minimum computer system requirements: Pentium4 2.8Ghz CPU or higher with 1GB RAM, 1024×768 pixel display, and 5GB of system hard drive space.

App Store is a service mark of Apple Inc. iOS is a registered trademark of Cisco in the U.S. and other countries, and is used under license. Android,  Google Assistant, Google Drive, and Google Play are trademarks of Google LLC.  Microsoft, Windows and OneDrive are trademarks or registered trademarks of the Microsoft group of companies in the U.S. and other countries. Amazon and Alexa are trademarks of Amazon, Inc. or its affiliates. Wi-Fi is a registered trademark of the Wi-Fi Alliance.  All other product and brand names are trademarks of their respective owners.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ideal-for-convenient-low-maintenance-printing-canon-usa-strengthens-the-pixma-g-series-megatank-printer-family-301183879.html

SOURCE Canon U.S.A., Inc.

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SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigation of HD Supply Holdings, Inc. Buyout

WILMINGTON, Del., Dec. 02, 2020 (GLOBE NEWSWIRE) — Rigrodsky & Long, P.A. announces that it is investigating HD Supply Holdings, Inc. (“HD Supply”) (NASDAQ GS: HDS) regarding possible breaches of fiduciary duties and other violations of law related to HD Supply’s agreement to be acquired by The Home Depot, Inc. (“Home Depot”) (NYSE: HD). Under the terms of the agreement, HP Supply’s shareholders will receive $56.00 in cash per share.

To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-hd-supply-holdings-inc.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected].

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:         

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
[email protected]
https://rl-legal.com



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Samsung Teams Up with uBreakiFix to Launch Device Recycling Program

Tech Repair Franchise Joins Samsung’s Efforts To Responsibly Reduce E-Waste with Hassle-Free Tech Recycling In Stores

ORLANDO, Fla., Dec. 02, 2020 (GLOBE NEWSWIRE) — Leading tech repair brand uBreakiFix is partnering with Samsung to make electronics recycling more accessible, offering customers the opportunity to responsibly recycle used devices at any of uBreakiFix’s 550+ U.S. locations. uBreakiFix stores are now accepting most everyday tech devices for recycling, including cell phones, tablets, computers, printers, game consoles, wearables, and more.

Those looking to part ways with their old tech can bring eligible devices of any brand, make, or model to their local uBreakiFix store, and a professional repair technician will handle the rest. uBreakiFix will process the devices and route them to a Samsung-authorized recycling partner where they will be refurbished or processed into raw commodities for future reuse.

“At uBreakiFix, we pride ourselves on diverting e-waste simply by making device repair significantly more convenient and cost-effective than replacement,” said Justin Wetherill, President and Co-Founder of uBreakiFix. “We’re excited to take that effort a step further by making device recycling equally convenient with the support of our partners at Samsung.”

Since 2008, Samsung has been a strong supporter of extended producer responsibility and publicly supports requirements that would ban the export of unprocessed e-waste to developing locations.

“At Samsung, we take responsibility for electronics recycling and reuse that reduces the impact on the environment,” said Ramon Gregory, SVP Samsung Care. “By committing to use e-Stewards certified recyclers, consumers can rest assured that their products will be safely and properly recycled.”

uBreakiFix and Samsung have been formally aligned since 2018, when Samsung named uBreakiFix an authorized service provider for Galaxy smartphone repairs. uBreakiFix and Samsung have since collaborated on several initiatives to leverage their alliance for the greater good, including a program earlier this year to provide free phone repairs to frontline healthcare workers.

uBreakiFix stores offer repairs on anything with a power button, and its newly launched We Come to You service makes smartphone repair even easier by meeting customers at their home, office, or any convenient location.

“To date, we have completed more than 9 million repairs, allowing customers to extend the lifespan of their favorite devices,” Wetherill said. “We look forward to seeing the amplified impact of our combined repair and recycling efforts with this program in place.”

To learn more about uBreakiFix and the recycling program, and for a list of eligible devices, visit ubreakifix.com/blog/reduce-reuse-recycle-ubreakifix.


About uBreakiFix


Founded in 2009, uBreakiFix specializes in the repair of small electronics, ranging from smartphones, game consoles, tablets, computers, and everything in between. Cracked screens, software issues, camera issues, and most other problems can be repaired by visiting uBreakiFix stores across the U.S. and Canada. Since 2016, uBreakiFix has served as the exclusive walk-in repair partner for Google Pixel customers. In 2018, uBreakiFix became a Samsung Care authorized service provider offering same-day, in-person support for Samsung Galaxy customers across the U.S. In 2019, uBreakiFix joined the Asurion family and now operates as a subsidiary of the
tech care compan
y while still maintaining the uBreakiFix leadership team and franchise model.
For more information, visit


www.ubreakifix.com


. 



For more information, contact:
[email protected]

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Labaton Sucharow is Seeking PlayAGS Shareholders Who Purchased Shares in March 20, 2019 Secondary Offering (NYSE: AGS)

Labaton Sucharow is Seeking PlayAGS Shareholders Who Purchased Shares in March 20, 2019 Secondary Offering (NYSE: AGS)

NEW YORK–(BUSINESS WIRE)–
Labaton Sucharow LLP, a leading investor rights law firm, is seeking shareholders who purchased shares of PlayAGS, Inc. (“PlayAGS” or the “Company”) (NYSE: AGS), in the Company’s secondary offering on March 20, 2019 (the “March 2019 SPO”) at the offering price of $25.50.

PlayAGS, a Las Vegas, Nevada-based company, develops and manufactures products for the gaming industry, including electronic gaming machines (“EGMs”). PlayAGS focuses on supplying its EGMs to the Native American gaming market. The Company generates most of its revenues by leasing EGMs to casinos on Indian reservations in Nevada and Oklahoma.

In the materials PlayAGS used to conduct the March 2019 SPO and in its reporting with the SEC, PlayAGS repeatedly touted the Company’s purported competitive strengths and key growth strategies, including the optimization of the Company’s older, underperforming EGMs with newer, more profitable EGMs, as well as the replacement of new EGMs within its existing markets.

On August 7, 2019, when the Company reported its second quarter 2019 results, PlayAGS reported a loss per share of $0.21, versus expectations of earnings per share of $0.14. This loss included an impairment of goodwill of $3.5 million and an impairment of intangible assets of $1.3 million. The Company also reported disappointing quarterly revenues and adjusted earnings before interest, taxes, depreciation, and amortization (“EBITDA”). Finally, PlayAGS lowered its full-year 2019 adjusted EBITDA guidance. PlayAGS attributed the weak results to product underperformance at three Oklahoma properties and problems with its placement of 800 incremental EGMs into the Oklahoma market over the past year, as well as the impairment charges.

On this news, PlayAGS stock dropped $8.99 per share, or 52 percent, to close at $8.31 per share on August 8, 2019, substantially below the offering price of the March 2019 SPO.

If you acquired PlayAGS shares in the March 2019 SPO for $25.50 per share, and wish to learn more or have any questions about this lawsuit, please contact David J. Schwartz using the toll free number (800) 321-0476 or via email at[email protected].

About the Firm

Labaton Sucharow LLP is one of the world’s leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at http://www.labaton.com.

David J. Schwartz

(800) 321-0476

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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Q2 Helps to Build Strong and Diverse Communities Around the World

Q2 Helps to Build Strong and Diverse Communities Around the World

Donations Reinforce Company Mission and Address the Unique Challenges of 2020

AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its expanded support for organizations that are meaningful to employees around the world: Code2College, Black Girls Code, Year Up, International Relief Teams (IRT), and Juvenile Diabetes Research Foundation (JDRF). Reflecting its mission to build strong and diverse communities, Q2 is making significant donations to these initiatives that are measurably enhancing people’s lives – both during the pandemic and into the future.

“A central tenant of Q2’s culture is giving back to the communities we call home globally – whether it is a company donation or individuals supporting local organizations financially, with their time or sharing other resources,” said Q2 CEO Matt Flake. “We pursue diversity and inclusivity and support initiatives that allow all people to thrive. We believe the organizations we have invested in can have an impact that aligns closely to our mission while helping alleviate some of the unique challenges people have experienced in the past year.”

  • Code2College

    Q2’s donation will support Vision 2024, an initiative to place 200 Black and Latinx women into STEM roles by 2024. Since 2016, Q2 has held workshops, provided volunteer instructors and mentors, and hosted summer interns to support Code2College’s mission to increase the number of minority and low-income high school students who enter and excel in STEM undergraduate majors and careers with a $100,000 donation.
  • Black Girls Code and Year Up

    These two organizations are committed to the inclusion and success of people of color in technology and thanks to the generosity of attendees of Q2’s annual client conference plus cost savings associated with moving Q2’s client conference from in-person to virtual, Q2 donated more than $25,000 to these organizations.
  • International Relief Teams

    Q2 helped to alleviate the suffering caused by the natural disasters of the Gulf Coast Hurricanes and the California and Pacific Northwest Wildfires with a $70,000 donation to support volunteer services and provide supplies so that those impacted could begin to rebuild their lives.
  • JDRF

    Q2 has historically hosted an annual Dodgeball Tournament benefiting JDRF but was unable to do so in 2020 due to COVID-19. In lieu of this annual fundraiser, Q2 supported JDRF’s mission to improve lives by accelerating life-changing breakthroughs to cure, prevent, and treat T1D and its complications with a $30,000 donation.

A global team-member effort

In addition to these donations, Q2 created an innovative avenue for team members to participate in a Virtual Olympics series of events to support organizations including Friendship Home for Lincoln, HelpAge India, and food banks in several communities. Q2 also leverages a number of digital solutions to enable team members to make meaningful contributions of time and money to causes that are relevant to them. A recent example of this was an online campaign raising more than $20,000 for Lifeworks Austin to furnish household goods to youth striving to exit homelessness.

About Q2 Holdings, Inc.

Q2 is a financial experience company dedicated to providing digital banking and lending solutions to banks, credit unions, alternative finance, and fintech companies in the U.S. and internationally. With comprehensive end-to-end solution sets, Q2 enables its partners to provide cohesive, secure, data-driven experiences to every account holder – from consumer to small business and corporate. Headquartered in Austin, Texas, Q2 has offices throughout the world and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com.

Beth Williams

Q2 Holdings, Inc.

1-512-293-6013

[email protected]

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Professional Services Philanthropy Other Philanthropy Fund Raising Finance Foundation Banking

MEDIA:

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Embraer’s New 10-Year Market Outlook Identifies Trends Influencing the Industry

PR Newswire

SÃO JOSÉ DOS CAMPOS, Brazil, Dec. 2, 2020 /PRNewswire/ — Embraer’s newly published 2020 Commercial Market Outlook examines passenger demand for air travel and new aircraft deliveries over the next 10 years with special emphasis on Embraer’s product segment – aircraft up to 150 seats. The report identifies emerging trends that will influence growth, factors shaping future airline fleets, and the regions of the world that will lead demand in the commercial sector.

The global pandemic is causing fundamental changes that are reshaping air travel patterns and demand for new aircraft. There are four main drivers:

  • Fleet Rightsizing – a shift to smaller-capacity, more versatile aircraft to match weaker demand.
  • Regionalization – companies seeking to protect their supply chains from external shocks will bring businesses closer, generating new traffic flows.
  • Passenger Behavior – preference for shorter-haul flights and decentralization of offices from large urban centers will require more diverse air networks.
  • Environment – renewed focus on more efficient, greener aircraft types.

“The short-term impact of the global pandemic has long-term implications for new aircraft demand,” said Arjan Meijer, President and CEO of Embraer Commercial Aviation. “Our forecast reflects some of the trends we’re already seeing – the early retirement of older and less efficient aircraft, a preference for more profitable smaller airplanes to match weaker demand, and the growing importance of domestic and regional airline networks in the restoration of air service. Aircraft with up to 150 seats will be instrumental in how quickly our industry recovers.”

Selected highlights:

Traffic Growth

  • Global passenger traffic (measured in Revenue Passenger Kilometres – RPKs) will return to 2019 levels by 2024, yet remain 19% below Embraer’s previous forecast through the decade, to 2029.
  • RPKs in Asia Pacific will grow the fastest (3.4% annually).

Jet Deliveries

  • 4,420 new jets up to 150 seats will be delivered through 2029.
  • 75% of deliveries will replace ageing aircraft, 25% representing market growth.
  • The majority will be to airlines in North America (1,520 units) and Asia Pacific (1,220).

Turboprop Deliveries

  • 1,080 new turboprops will be delivered through 2029.
  • The majority will be to airlines in China/Asia Pacific (490 units) and Europe (190).

For more details, including regional synopses for North America, Latin America, Europe, Africa, the Middle East, China and Asia/Pacific, and the CIS, download the 2020 Market Outlook at www.embraermarketoutlook2020.com

Follow us on Twitter: @Embraer


About Embraer

A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

PRESS OFFICES:

Headquarters (Brazil)

Corporate Communications
[email protected]
Cell: +55 11 98890 7777
Tel.: +55 11 4873 7984

North America

Alyssa Ten Eyck
[email protected]
Cell: +1 954 383 0460
Tel.: +1 954 359 3847

Europe, Middle East and Africa

Guy Douglas

[email protected]

Cell: +31 (0)657120121
Tell: +31 (0)202158109

China

Mirage Zhong
[email protected]
Cell:  +86 185 1378 5180
Tel.: +86 10 6598 9988

Asia Pacific

Nilma Missir-Boissac
[email protected]
Cell: +65 9012 8428
Tel.: +65 6305 9955

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SOURCE Embraer S.A.