Day: January 29, 2024

WILMINGTON, Del., Jan. 03, 2024 (GLOBE NEWSWIRE) — Enovis Corporation (NYSE: ENOV, “Enovis” or the “Company”) an innovation-driven, medical technology growth company, today announced that it closed the acquisition of LimaCorporate S.p.A. (“Lima”), a privately held global orthopedic leader focused on restoring motion through an innovative portfolio of implant solutions.

Lima strengthens Enovis’ position in the global orthopedic reconstruction market with a complementary portfolio of proven surgical solutions and technologies, which will accelerate global growth and margin expansion. In addition, Lima’s portfolio includes 3D printed Trabecular Titanium implants and a comprehensive revision offering in shoulders, which will further strengthen the Company’s position in the fast-growing extremities market.

“We are excited to welcome Lima’s talented team to Enovis. The combination brings Enovis’ recon segment to $1 billion in revenues and creates a fast-growing innovator in the global orthopedic reconstruction market. This is another great example of how we use strategic acquisitions to accelerate our growth, add great technologies and talent to our company, and drive compounding value for our shareholders,” said Matt Trerotola, Chair, and Chief Executive Officer of Enovis.

About Enovis Corporation
Enovis Corporation (NYSE: ENOV) is an innovation-driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows. Powered by a culture of continuous improvement, global talent, and innovation, the Company’s extensive range of products, services, and integrated technologies fuels active lifestyles in orthopedics and beyond. The Company’s shares of common stock are listed in the United States on the New York Stock Exchange under the symbol ENOV. For more information about Enovis, please visit www.enovis.com

Forward-Looking Statements
This press release includes forward-looking statements, including forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements regarding the Company’s plans, objectives, expectations and intentions and other statements that are not historical or current fact. Forward-looking statements are based on the Company’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause the Company’s results to differ materially from current expectations include, but are not limited to, risks and uncertainties regarding the Company’s and Lima’s respective businesses, and actual results may differ materially. These risks and uncertainties include, but are not limited to, the effects of the acquisition on the Company’s and Lima’s operations, including on the combined company’s future financial condition and performance, operating results, strategy and plans, including anticipated tax treatment, unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, losses, future prospects, and business and management strategies for the management, expansion and growth of the new combined company’s operations; the potential impact of the consummation of the acquisition on relationships with customers, suppliers and other third parties; and the other factors detailed in the Company’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q under the caption “Risk Factors,” as well as the other risks discussed in the Company’s filings with the SEC. In addition, these statements are based on assumptions that are subject to change. This press release speaks only as of the date hereof. The Company disclaims any duty to update the information herein.

Investor Relations Contact
Kyle Rose
Vice President, Investor Relations
Enovis Corporation
+1-917-734-7450
investorrelations@enovis.com

Media Contact
Katie Sweet
Vice President, Corporate Communications
Enovis Corporation
Katie.sweet@enovis.com

GlobeNewswire Distribution ID 9011517

Today, Soltec Power Holding and CIP announced CIP’s 100% ownership acquisition of the Soltec Danish solar PV project portfolio.

COPENHAGEN, Denmark, Jan. 03, 2024 (GLOBE NEWSWIRE) — CIP’s Energy Transition Fund I (CI ETF I) will obtain 100% ownership of Soltec’s Danish early-stage solar PV portfolio. CIP’s intention is to develop, build and operate these assets to provide renewable electricity for ETF I’s Danish Power-to-X projects (e.g., Fjord eSAF, Høst green ammonia/hydrogen). The portfolio consists of development projects with a combined potential installed capacity of ~850MW_DC. The project sites are scattered across Denmark, with the vast majority of the projects situated in Jutland.

Felix Pahl, Partner in CIP, commented: “We are proud to have made CIP’s first acquisition of Danish solar PV energy. The Soltec portfolio represents an attractive opportunity for CI ETF I to acquire power generation assets under development, thereby enabling our Power-to-X projects under development in Denmark. We are certain that CIP can accelerate the development of the portfolio by committing to work closely with local stakeholders to deploy renewable energy projects in Denmark. CI ETF I aims to make a positive contribution to the green transition and Power-to-X industry by developing world leading capabilities in Denmark. The Soltec portfolio can become one of CI ETF I’s steps towards driving local growth and value to the CI ETF I investors.”

Raúl Morales, the CEO of Soltec, commented: “We are very satisfied with this first agreement reached with CIP, a company with a great recognition and experience worldwide, to which we have been able to provide with high quality projects under development in Denmark, to contribute to its growth. Without any doubt, this is a great sign of trust in Soltec, and they will have our support at an industrial level during the development of the projects.”

About Soltec Power Holdings
Soltec Power Holdings (ticker: ‘SOL’) is a company that specializes in vertically integrated solutions in the solar photovoltaic power sector and is strongly committed to innovation and sustainability. Headquartered in Murcia, the company was established in 2004 and currently operates in 16 countries, its presence being strong in Spain, North America and Latin America. The company has been listed in the Spanish Stock Exchange since 2020.

Soltec structures its activity via three large business units: i) the PV Project Development Division, which has a strong environmental, social and good governance commitment ii) the Industrial Division (Soltec is the world’s third largest solar tracker manufacturer), which provides further construction services to its clients to ensure a complete and integrated value proposition; and iii) Soltec Asset Management, through which Soltec manages the assets in its portfolio in order to maximize its benefits in the medium and long terms.

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages ten funds and has to date raised approximately EUR 26 billion for investments in energy and associated infrastructure from more than 150 international institutional investors. CIP has approximately 500 employees and 12 offices around the world. For more information, visit www.cip.com

For further information, please contact:
E-mail: media@cip.com

Oliver Routhe Skov, Head of Media Relations
Phone: +45 30541227
Email: orsk@cip.com

Thomas Kønig, Partner – Investor Relations
Phone: +45 7070 5151
Email: tkon@cip.com

GlobeNewswire Distribution ID 1000906980

World’s First Certification Programme for Unparalleled Workplace Experiences

LONDON, Jan. 03, 2024 (GLOBE NEWSWIRE) — HqO, the world’s leading real estate experience platform, today announced the launch of ‘2024 Best Spaces to Work in London’, the only recognition and certification programme dedicated to scoring and validating end-user real estate experiences in spaces across the city. This comes on the heels of the programme’s successful launch in the US just a few weeks ago in Boston.

Published quarterly, the list will be based on real estate experience data from occupiers and their employees gathered through HqO’s proprietary Intelligence suite of products leveraging the world’s most powerful and trusted employee experience assessment framework.

This news follows HqO’s recent £40 million Series D funding announcement and launch of their Real Estate Experience (REX) Platform. HqO continues to partner with industry leaders to solve unprecedented occupier attraction and retention challenges.

‘London is one of the most vibrant cities in the world, with a workforce of 5.5 million, including 650,000 finance professionals in the city alone. Best Spaces to Work plays a pivotal role in pinpointing the properties, offices, and amenities throughout London that provide the exceptional experiences employees now demand throughout their workday,’ said Samuel Warren, VP (EMEA) of HqO. ‘The pandemic compelled the commercial real estate sector to shift towards a customer-oriented approach, and the tangible results are evident in the data. Owners and operators who prioritise end-user experience are achieving higher rents, lower vacancy, and their occupiers are seeing higher levels of employee retention.’

To participate in the programme, nominated spaces—buildings, offices, and amenities alike—undergo a REX Assessment to generate their REX Score, the quality measure of the end-user experiences within their space. Scores are then compared with data gathered over the last decade from over 8,000 workplaces and more than 1.7 million employees. If a REX Score meets or exceeds benchmarks from this data, the space will be certified and promoted as one of the Best Spaces to Work in London.

‘For the first time in the history of the commercial real estate industry, prioritising the end-user experience within workspaces is not merely a choice, it is critical for future success,’ remarked Chase Garbarino, Co-Founder and CEO at HqO. ‘With office occupancy at an unprecedented low and the competition for top talent reaching new heights, maintaining a strong REX Score will provide a competitive edge in this rapidly evolving market. This is precisely why HqO has introduced its Best Spaces to Work programme to Boston and now London. We aim to spotlight the most exceptional workspaces—spaces that are revitalising workplace culture, fostering community, and enhancing engagement. Undoubtedly, this programme will prove to be a game-changer for tenant and employee acquisition and retention.’

Best Spaces to Work will soon be rolling out to other major cities around the world, including Paris, Amsterdam, New York, Chicago, and Washington, D.C.

To secure your place in the first publication of ‘2024 Best Spaces to Work in London’, nominate your space by 31 January 2024. Visit our website today to get started.

About HqO:
HqO is leading the transformation of the way people experience real estate. Through its Real Estate Experience (REX) Platform—a powerful and dynamic suite of applications and services—HqO has powered over 400 million square feet at over 700 properties across 32 countries. The world’s most innovative organisations rely on HqO to drive operational excellence by maximising and boosting tenant and employee acquisition, retention, and engagement.

For more information, visit www.hqo.com.

For additional questions, please reach out to HqOPR@boathouseinc.com.

GlobeNewswire Distribution ID 9011664

FMF strengthens the Kingdom’s leadership in enabling the Super Region to contribute to the metals industries of the future

RIYADH, Saudi Arabia, Jan. 02, 2024 (GLOBE NEWSWIRE) — The Future Minerals Forum (FMF) announced today that its Ministerial Roundtable, due to be held on 9 January 2024, ahead of the third edition of the Forum, is set to break attendance records. Of the eighty countries so far confirmed to attend, more than forty-five will be sending ministers to take part in discussions with stakeholders in this one meeting, in addition to 20 official international organizations, 30 non-governmental organizations and 13 business associations.

As the highest level gathering on minerals in the world, the Roundtable represents a historic turning point for the global mining and metals sector, the contribution of the Super Region extending from Africa to West and Central Asia, and the Kingdom’s leadership role in this sector and region.

The Ministerial Roundtable is a government-led multi-stakeholder initiative created by Saudi Arabia to enhance international cooperation on producing critical minerals involved in transforming the energy sector. The meeting comes when the mineral sector faces unprecedented challenges driven by the increasing demand for energy transition minerals and metals, where all countries are racing to secure stable supply chains.

Furthermore, the Ministerial Roundtable promotes the importance of collaboration to address this anticipated global challenge.

H.E. Vice-Minister for Mining Affairs, Khalid Al-Mudaifer, highlighted that the number of ministers who had confirmed their attendance at the Roundtable reflects the political and economic weight of the Kingdom and the increasing importance of minerals in recent years, this level of attendance demonstrates that FMF has established itself as a leading global platform for shaping the future of minerals. H.E. stated, “High-level government representation, from countries producing and consuming minerals, means that governments from across the world are now aware of minerals’ importance, as they seek to secure reliable supply chains for them. This is especially relevant to the strategic minerals that are essential to energy transformation programs and projects, and related industries.”

The Roundtable will include discussion of the competition that the metals market is witnessing at international level and how to create room for countries, in the midst of this competition, to reach agreement between themselves.

Media Contact:
Omar Shereen
Omar.shereen@fleishman.com
+966 50 663 0489

GlobeNewswire Distribution ID 1000906717

ความร่วมมือใหม่เพื่อกำหนดทิศทางการอภิปรายเกี่ยวกับการพัฒนาที่ยั่งยืนในโลหะและแร่ธาตุทั่วโลกที่ Future Minerals Forum 2024

เมืองริยาด, ประเทศซาอุดีอาระเบีย, Dec. 28, 2023 (GLOBE NEWSWIRE) — Future Minerals Forum (FMF) ซึ่งมีกำหนดจะจัดขึ้นระหว่างวันที่ 9-11 มกราคม ในเมืองริยาด ประเทศซาอุดีอาระเบีย ได้ประกาศความร่วมมือเชิงกลยุทธ์ใหม่ 3 ประการเพื่อแจ้งให้ทราบถึงการอภิปรายอย่างเป็นทางการระดับโลกเกี่ยวกับแร่ธาตุและบทบาทที่สำคัญของแร่ธาตุเหล่านี้ในการพัฒนาระดับโลกที่ยั่งยืนและความจำเป็นในการเปลี่ยนผ่านไปสู่แหล่งพลังงานใหม่ ความร่วมมือครั้งใหม่กับ CRU Group, Global AI และ Wood Mackenzie จะนำเสนอข่าวกรองทางธุรกิจและข้อมูลเชิงลึกในชุดการศึกษาวิจัยที่จะเผยแพร่ก่อน FMF ความร่วมมือใหม่นี้ส่งเสริมความร่วมมือที่มีอยู่เดิมกับ McKinsey & Company, Payne Institute for Public Policy, Clareo-DPI และ Baker Institute

Wood Mackenzie กำลังเริ่มดำเนินการศึกษาวิจัยที่สำคัญเพื่อกำหนดศักยภาพของภูมิภาคที่มีความสำคัญทางยุทธศาสตร์ เอกสารรายงานอย่างเป็นทางการจะระบุตัวขับเคลื่อนหลักสำหรับการสร้างห่วงโซ่คุณค่าที่ยั่งยืน พร้อมทั้งเน้นย้ำถึงความท้าทายในปัจจุบันที่แร่ธาตุทั่วโลกกำลังเผชิญอยู่ และความท้าทายเหล่านี้ส่งผลกระทบต่ออุตสาหกรรมแร่ธาตุในพื้นที่ที่อุดมด้วยทรัพยากรนี้อย่างไร รายงานฉบับนี้จะทำหน้าที่เป็นแนวทางที่สำคัญสำหรับผู้ถือผลประโยชน์ร่วมโดยการวางรากฐานเพื่อให้สามารถบรรลุเป้าหมายจากความร่วมมือระหว่างภาครัฐและตลาดได้ ขณะที่ภูมิภาคมองหาการระบุและใช้ประโยชน์จากศักยภาพของทรัพยากรเพื่อให้เกิดการเปลี่ยนผ่านไปสู่แหล่งพลังงานได้ดียิ่งขึ้น

Global AI ได้เตรียมการพร้อมที่จะดำเนินการวิเคราะห์ความรู้สึกทั่วโลกอย่างครอบคลุมโดยใช้ปัญญาประดิษฐ์ที่ล้ำสมัย โดยมุ่งเน้นที่การดำเนินการเหมืองแร่และแร่ธาตุทั่วทั้งภูมิภาคที่มีความสำคัญทางยุทธศาสตร์ การวิเคราะห์นี้มุ่งหมายเพื่อให้ความกระจ่างเกี่ยวกับการรับรู้ของสังคมเพื่อให้ข้อมูลที่ใช้สำหรับการอภิปรายเกี่ยวกับบทบาทที่รัฐบาล ภาคเอกชน และภาคประชาสังคมต้องมีส่วนร่วมในการสร้างความมั่นใจว่าสังคมจะยอมรับและสนับสนุนการดำเนินงาน เพื่อให้มั่นใจว่าการดำเนินการเหมืองแร่จะมอบผลประโยชน์ที่จับต้องได้ให้กับชุมชนท้องถิ่นและลดผลกระทบต่อสิ่งแวดล้อมให้เหลือน้อยที่สุด

ในขณะเดียวกัน รายงานของ CRU จะเน้นถึงความเร่งด่วนในการจัดการกับอุปสรรคต่อแร่ธาตุสำคัญเพื่อให้บรรลุเป้าหมายด้านสภาพภูมิอากาศ โดยมุ่งเน้นไปที่ตะวันออกกลาง แอฟริกา และเอเชียกลางในฐานะผู้จัดหาหลักในอนาคต

ข้อมูลเชิงลึกเหล่านี้โดยรวมทั้งหมดสอดคล้องกับพันธกิจของ FMF ในการพัฒนาอุตสาหกรรมแร่ที่ยั่งยืน ทำให้ภูมิภาคที่มีความสำคัญทางยุทธศาสตร์กลายเป็นประเด็นหลักของการปภิปรายเรื่องแร่ธาตุทั่วโลก และกำหนดแนวทางปฏิบัติในการทำเหมืองอย่างมีความรับผิดชอบ FMF เป็นแพลตฟอร์มที่นำโดยรัฐบาลและมีผู้ถือผลประโยชน์ร่วมหลายฝ่าย มีเป้าหมายเพื่อกระตุ้นการอภิปรายระหว่างผู้นำอุตสาหกรรม ผู้กำหนดนโยบาย และผู้ถือผลประโยชน์ร่วมเพื่อขับเคลื่อนความก้าวหน้าไปสู่อนาคตที่ยั่งยืนและเจริญรุ่งเรืองมากขึ้นในการพัฒนาแร่ธาตุ

ติดต่อด้านสื่อ:
Omar Shereen
อีเมล: Omar.Shereen@fleishman.com
มือถือ: +966 50 663 0489

GlobeNewswire Distribution ID 1000906248

• Additional capital to help fund employee growth and increase global marketing and sales footprint
• Deal sees pre-IPO funding valuing company at a market capitalization of $101Million (£80million)

PARADISE VALLEY, Ariz, Jan. 09, 2024 (GLOBE NEWSWIRE) — Semiconductor manufacturer, IceMOS Technology Corporation today announced it has secured pre-IPO funding as a result of meeting a London-based investor at the Northern Ireland Investment Summit in September.

IceMOS Technology is a global supplier of high-quality sensing and power technologies that are paving the way for energy-efficient solutions in power electronic systems. The company headquartered in Paradise Valley, Arizona, has a manufacturing center of excellence located in West Belfast, an advanced research innovation center in Tempe, Arizona, and a design center in Tokyo, Japan.

The deal, which sees pre-IPO funding valuing IceMOS at a market capitalization of $101Million (£80million) post money, will enable IceMOS to expand its Belfast team to more than 100 employees and increase its marketing and sales global footprint as it starts preparation for an initial public offering in the next 18 to 24 months.

“Our sensing and power technologies are paving the way for more energy-efficient and CO2-saving solutions that support decarbonization,” said Dr. Samuel J. Anderson, MBE, IceMOS Technology founder and chairman. “Adoption in applications such as artificial intelligence (AI), assisted and autonomous driving, data center cloud and edge computing power supplies, rapid chargers for electric vehicles, Low Earth Orbit (LEO) satellites and deep space exploration, are at the tipping point, leading to dynamic market growth. Products based on our technology roadmap represent a new class of semiconductors, essential to serve the efficiency demands of this digital economy market.”

The Northern Ireland Investment Summit was a collaboration by the Department for Business and Trade, the Northern Ireland Office, and Invest Northern Ireland, which hosted around 200 investors from across the world to visit Belfast with the aim of turbocharging inward investment into all corners of Northern Ireland.

Secretary of State for Northern Ireland Chris Heaton-Harris said: “This fantastic multi-million-pound deal demonstrates the success of the Investment Summit, creating jobs and boosting investment into Northern Ireland. The event demonstrated Northern Ireland’s rich potential, and I am confident that the productive, global relationships it built will continue to benefit Northern Ireland businesses and communities for years to come. Congratulations to IceMOS and their London Investor on their productive new partnership.”

Minister for Investment Lord Johnson said: “Both our Northern Ireland Investment Summit and Global Investment Summit have shown how the UK is fast becoming a science and technology superpower, with billions of pounds flowing into all parts of our country which is spurring innovation and creating jobs. This multimillion-pound deal for IceMOS is yet another vote of confidence in our highly skilled advanced manufacturing and semiconductor industries and is a major boost for the burgeoning tech sector in Northern Ireland and the huge level of expertise that’s being fostered there.”

Congratulating the company, Mel Chittock, Interim CEO of Invest Northern Ireland said: “Today’s announcement by IceMOS Technology reaffirms the success of the summit which laid the foundations for new partnerships to be forged. This deal will provide significant benefits for West Belfast and the Northern Ireland economy as a whole with IceMOS’ West Belfast workforce exceeding 100 employees post funding. It will also function as a transformative catalyst for IceMOS’ ongoing growth, further cementing its position in the global semiconductor industry. Congratulations to IceMOS and we look forward to helping it to continue its growth in Northern Ireland.”

About IceMOS Technology
IceMOS is an equity-financed private Delaware semiconductor corporation and manufacturer of a new class of MEMS based power and sensing advanced semiconductor technology that serves wide-ranging applications anywhere that power efficiency and sensing matters. The company has a manufacturing center of excellence located in Belfast, Northern Ireland, an advanced research innovation center in Tempe, Arizona, and a design center in Tokyo, Japan.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5c918f39-bf4f-4b25-989a-7aade69e17eb

Company and Media Contact:
Hugh Griffin
IceMOS Technology
hughgriffin@icemostech.com
+44 2890 574700

GlobeNewswire Distribution ID 9014344

OTTAWA, Jan. 08, 2024 (GLOBE NEWSWIRE) — N. Harris Computer Corporation (“Harris”), a global vertical market software provider, has strengthened its healthcare suite by acquiring MEDHOST, Inc., a leader in electronic health records (EHR) and healthcare IT solutions. This acquisition includes MEDTEAM Solutions, a service provider specializing in application, revenue cycle, IT, and security management.

MEDHOST provides clinical and financial solutions, including an integrated EHR, to enhance patient care and financial success. These offerings include but are not limited to digital patient management, mobile solutions, emergency department, perioperative and anesthesia management, and enterprise-wide interoperability. Additionally, MEDHOST offers a customizable solution for rural health facilities to help transition to and maintain Rural Emergency Hospital designation.

“MEDHOST and its dedicated employees have built strong relationships and partnerships in community healthcare across the US. With this acquisition, our objective is to ensure an environment where those partnerships continue to thrive,” said Harris Portfolio Leader Santina Allen.

Executive Vice President for MEDHOST, Stephanie Sames, added, “While we celebrate 40 years of providing patient care solutions for community and rural healthcare, we are looking forward. The future with Harris is full of opportunities, given a mutual commitment to operational excellence.”

Harris will continue to operate MEDHOST as a stand-alone business headquartered in Franklin, Tennessee.

OM Partners, LLC served as the exclusive financial advisor to MEDHOST.

For further information, contact:

Santina Allen
Portfolio Leader
P: +1 412-752-7573
Email: SAllen@Harriscomputer.com

About MEDHOST

For over 40 years, MEDHOST has provided products and services to healthcare facilities of all types and sizes. Today, healthcare facilities nationwide partner with MEDHOST to enhance patient care and operational excellence with our clinical and financial solutions, including an integrated EHR solution. MEDHOST offers a comprehensive emergency department information system with business and reporting tools. Through unparalleled support and cloud platform solutions, we make it easy for healthcare facilities to focus on what’s important: their patients and business.

About MEDTEAM Solutions, Inc.

MEDTEAM provides services to healthcare facilities of all types and sizes nationwide, partnering with them to help accelerate their clinical, financial, and operational success. Its services include revenue cycle management, application configuration and management, integration management, information security services, and education and training.

About N. Harris Computer Corporation (Harris)

Harris acquires software companies, manages them using industry best practices, and builds them for the future. Through acquisitions, the company has grown tremendously since its origins in the utilities sector. Harris now operates over 230 businesses worldwide, in over twenty industries including healthcare, education, retail and financial services. Harris is an operating group of Toronto-based Constellation Software Inc. (TSX: CSU), one of North America’s most active acquirers of software businesses.

GlobeNewswire Distribution ID 9014347

VICTOR, N.Y., Jan. 05, 2024 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its third quarter fiscal 2024 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Friday, January 5, 2024 at 10:30 a.m. EDT. Visit ir.cbrands.com to locate information for joining the conference call or a live, listen-only webcast of the conference call.

ABOUT CONSTELLATION BRANDS
Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It’s worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Every day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford and Meiomi.

As an agriculture-based company, we have a long history of operating sustainably and responsibly. Our ESG strategy is embedded into our business and our work focuses on serving as good stewards of the environment, enhancing social equity within our industry and communities, and promoting responsible beverage alcohol consumption. These commitments ground our aspirations beyond driving the bottom line as we work to create a future that is truly Worth Reaching For.

To learn more, visit www.cbrands.com and follow us on X, Instagram, and LinkedIn.

MEDIA CONTACTS	INVESTOR RELATIONS CONTACTS
Amy Martin 585-678-7141 / amy.martin@cbrands.com Carissa Guzski 315-525-7362 / carissa.guzski@cbrands.com	Joseph Suarez 773-551-4397 / joseph.suarez@cbrands.com Snehal Shah 847-385-4940 / snehal.shah@cbrands.com David Paccapaniccia 585-282-7227 / david.paccapaniccia@cbrands.com

A PDF containing our Third Quarter Fiscal 2024 Results and full financial tables is available at:
http://ml.globenewswire.com/Resource/Download/67a14756-a92d-4100-9f05-112cb52e6052

GlobeNewswire Distribution ID 9013022

Robert Hanson to Step Down as EVP & President, Wine & Spirits Division Effective February 29, 2024

Company Initiates Search to Identify New Leader to Guide Next Phase of Growth for Its Wine & Spirits Business

VICTOR, N.Y., Jan. 04, 2024 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced that the Company and Robert Hanson, who has led the transformation of the company’s Wine & Spirits business since 2019, have mutually agreed that Mr. Hanson will step down from his role as Executive Vice President and President of the company’s Wine & Spirits Division, at the end of Constellation’s fiscal year on February 29, 2024. The company has initiated a search to identify a successor. Bill Newlands, President and Chief Executive Officer, will assume responsibilities as interim leader for the company’s Wine & Spirits Division, in addition to his existing responsibilities, until a successor is named. Newlands and Hanson will work together over the coming weeks to ensure a smooth transition of leadership.

“Robert has been instrumental in leading the charge to reposition our Wine & Spirits business to a higher-end portfolio of brands more aligned with consumer trends, with an expanded focus to include global, omni-channel distribution, with more robust and targeted international and direct-to-consumer sales channels,” said Bill Newlands, President and Chief Executive Officer at Constellation Brands. “We thank Robert for his transformational vision, drive and commitment to our business over the past 11 years, first as a Board Director, and then as President of our Wine & Spirits Division, and we wish him the best in his future endeavors.”

Hanson joined Constellation in June 2019 after successfully serving in CEO and President positions at John Hardy Global Limited, American Eagle Outfitters, and Levi Strauss & Co. He also served as a valued member of Constellation’s Board of Directors from 2013 to 2019. Under Hanson’s leadership over the past four-and-a-half years, the company’s Wine & Spirits Division has significantly reshaped its brand portfolio through a series of divestitures of lower-end brands, several tuck-in acquisitions of higher-end fine wine and craft spirits brands, consumer-led innovation, and by establishing a strong operational foundation for long-term success and more profitable growth.

“I am proud to have served both the Board and the Wine & Spirits Division of Constellation Brands, have a deep admiration and respect for the company and its iconic beverage alcohol portfolio and, in particular, its talented team members,” said Hanson. “With the strategic, operational and capability transformation of the company’s Wine & Spirits business in place, this is the right time for me to transition leadership and to step down from my role with the company and pursue my future career goals. I look forward to the continued success of the team in the years ahead.”

ABOUT CONSTELLATION BRANDS
Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It’s worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Every day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford and Meiomi.

As an agriculture-based company, we have a long history of operating sustainably and responsibly. Our ESG strategy is embedded into our business and our work focuses on serving as good stewards of the environment, enhancing social equity within our industry and communities, and promoting responsible beverage alcohol consumption. These commitments ground our aspirations beyond driving the bottom line as we work to create a future that is truly Worth Reaching For.

To learn more, visit www.cbrands.com and follow us on X, Instagram, and LinkedIn.

MEDIA CONTACTS	INVESTOR RELATIONS CONTACTS
Amy Martin 585-678-7141 / amy.martin@cbrands.com Carissa Guzski 315-525-7362 / carissa.guzski@cbrands.com	Joseph Suarez 773-551-4397 / joseph.suarez@cbrands.com Snehal Shah 847-385-4940 / snehal.shah@cbrands.com David Paccapaniccia 585-282-7227 / david.paccapaniccia@cbrands.com

A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/6f879f06-e200-4633-8058-dc27ea98a53e

GlobeNewswire Distribution ID 9012930

SOUTHAMPTON, Pa., Jan. 04, 2024 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced that its Aircrew Training Systems business unit (“ATS”) was awarded four contracts totaling $9.7 million. Three are for CLS contracts for repeat customers in the Middle East, and the U.S., and one is for a mid-life upgrade of Spatial Disorientation equipment for an Asian customer.

In addition, ETC Simulation, located in Orlando, Florida, received a $2.7 million order for the delivery of a customized ADMS simulation system for an emergency response training center being established by an international client active in the oil industry.

“These contracts represent the continuing strong relationship with its global aeromedical customers and the expansion of ETC Simulation’s product line and customer base,” stated Robert Laurent, CEO and President.

About ETC:

ETC designs, manufactures, and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans, and equipment to control, modify, simulate and measure environmental conditions. Our products include aircrew training systems (aeromedical, tactical combat, and general), disaster management systems, sterilizers (steam and gas), environmental testing and simulation systems, and other products that involve similar manufacturing techniques and engineering technologies. ETC’s unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/.

Forward-looking Statements

This news release contains forward-looking statements, which are based on management’s expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “future”, “predict”, “potential”, “intend”, or “continue”, and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.

Contact:      Tim Kennedy, CFO
Phone:        (215) 355-9100
E-mail:        info@etcusa.com

GlobeNewswire Distribution ID 9012855