CrossCountry Mortgage Partners with SimpleNexus to Implement CompenSafe Incentive Automation into Its Workflow

National lender selects CompenSafe to improve incentive compensation administration and communication

LEHI, Utah, Dec. 14, 2022 (GLOBE NEWSWIRE) — SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO) company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that CrossCountry Mortgage is implementing CompenSafe™ to manage incentive compensation for its loan originators.

CrossCountry Mortgage is one of the nation’s largest retail mortgage lenders, operating a network of approximately 800 branch locations across all 50 states. The organization selected CompenSafe, the only incentive compensation management (ICM) solution designed for mortgage lenders, to provide staff with near real-time visibility into their pay and to automate complex payroll functions associated with managing mortgage compensation plans.

CompenSafe integrates with lenders’ loan origination systems (LOS’s) to automatically calculate compensation as loans fund. Flexible enough to process draws, guarantees, tiers, quality-related payments and more, the platform enables lenders to reliably produce payroll more quickly and accurately than spreadsheet-based incentive compensation management methods. CompenSafe gives loan officers, branch managers, processors, underwriters and all employees greater transparency into their commissions, bonuses and overrides by outlining how compensation is calculated and when it will be dispersed. A cloud-based portal enables employees to view compensation updates, submit questions to payroll and manage compensation disputes, all in one place for complete audit and compliance.

“Incentive compensation is the largest expense in lenders’ ledgers, and it is also one of the most burdensome to manage,” said Ben Miller, CEO of SimpleNexus. “CompenSafe is a value-add that helps lenders like CrossCountry Mortgage recruit and retain key employees, eliminate cumbersome administrative processes, mitigate risk and protect their bottom lines.”

About SimpleNexus
SimpleNexus, an nCino (NASDAQ: NCNO) company, is an award-winning developer of mobile-first technology for the modern mortgage lender. U.S. lenders depend on our namesake homeownership platform to unite the people, systems and stages of the mortgage process into a seamless, end-to-end solution that spans engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate professionals, we deliver a measurable return on investment in the form of reduced turn times, increased loan application submissions and more referral business. A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s Best Workplaces for Innovators. For more information, visit https://www.simplenexus.com or follow @SimpleNexus.

Media Contacts
Leslie Colley
DepthPR for SimpleNexus
+1 678.622.6229
leslie@depthpr.com

David Bolin
SimpleNexus
+1 414.688.6077
dbolin@simplenexus.com

Safe Harbor Statement
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC’s web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.

GlobeNewswire Distribution ID 8714144

Copenhagen Infrastructure Partners is awarded 500-600 MW offshore wind in Taiwan

COPENHAGEN, Denmark, Dec. 14, 2022 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure IV (CI IV), has been allocated 500-600 MW of capacity in the first round of the Taiwan’s Round 3 Zonal Development offshore wind auction.

On 14 December 2022 it was announced that CI IV’s Fengmiao offshore wind project, located ~35km off the coast of Taichung City in the Western part of Taiwan, was awarded 500-600 MW capacity for grid connection in 2027. Final capacity is subject to government announcement expected later in the month. CIP expects to start construction works on Fengmiao in 2025 and the project to start operations in 2027.

Partner in Copenhagen Infrastructure Partners Thomas Wibe Poulsen says, “We are very pleased with the awarded grid allocation to Fengmiao and we look forward to extending our contribution to Taiwan’s energy transition policy. Taiwan is a key offshore wind market for CIP, and Fengmiao further enhances our existing portfolio in Taiwan. We will now accelerate our efforts to finalize the procurement and offtake arrangements to support our final investment decision.”

CIP entered Taiwan’s offshore wind market in 2017 and Fengmiao is CIP’s third offshore wind project in Taiwan. In April 2018 CIP was awarded ~900MW capacity across two projects which are currently under construction: the 595MW Changfang and Xidao offshore wind farm and the 298MW Zhong Neng offshore wind farm, the latter a joint venture between CI IV and China Steel Corporation (CSC).

“Since entering Taiwan, we have worked alongside the Taiwanese government and local companies to develop and mature the local supply chains, and we remain faithful that the Taiwan government will soon announce an administrative contract which properly addresses the complexity and encourages the execution and on-time delivery of Round 3 projects,” says Mr. Poulsen.

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 19 billion for investments in energy and associated infrastructure from more than 135 international institutional investors. CIP will accelerate its role in the global energy transition and aim to have EUR 100 billion under management in green energy investments in 2030. CIP has approximately 400 employees and 11 offices around the world. For more information, visit www.cip.dk

For further information, please contact:

Copenhagen Infrastructure Partners
Oliver Routhe Skov, VP Communications
Phone: +45 30541227
Email: orsk@cisk.dk

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

GlobeNewswire Distribution ID 1000772199

President of Chile, Gabriel Boric, Inaugurates InvestChile 2022 International Forum

The President made this statement at the event that brings together more than 100 representatives of companies from 28 countries with investment projects worth US $4 billion.

President Boric

SANTIAGO, Chile, Dec. 14, 2022 (GLOBE NEWSWIRE) — Over 100 representatives of companies from 28 countries with 56 investment projects worth US $4 billion and 1,900 potential jobs are participating in the InvestChile 2022 International Forum, which is Chile’s most important event for attracting foreign investment. InvestChile is the government agency responsible for promoting Chile in the global market as a destination for foreign direct investment.

The event was inaugurated this morning by the President of the Republic, Gabriel Boric, together with the Economy, Development and Tourism Minister, Nicolás Grau, and the InvestChile Director, Karla Flores.

The President referred to Chile’s potential to attract new investments since it offers tremendous opportunities and institutional solidity “that will help us to progress and improve the quality of life of our people, while making a global contribution. This requires reactivating the economy, where foreign investment plays a tremendously important role. Greater investment is synonymous with new jobs, which will restore peace of mind to thousands of families who have suffered as a result of our economic downturn, due to the COVID-19 crisis and the global economic slowdown”, said President Boric.

Good news for Foreign Investment 

Minister Grau confirmed that the Forum is an extremely important opportunity for Chile to reinforce its commitment to foreign investment. “As you are well aware, despite difficulties worldwide, this has been a good year for Chile in terms of foreign investment. However, Chile has tremendous potential due to its institutional strength, its physical and digital infrastructure and because Chile can clearly combine the fight against the climate change with economic dynamism and greater investment in a totally exceptional manner”, said the Secretary of State.

Karla Flores is the InvestChile Director, and she sees the forum as a sign that foreign companies have a positive, long-term interest in investing in Chile. “We are fully committed as an agency to attracting investment projects to Chile so they can positively benefit our entire business ecosystem, add dynamism to our markets, generate greater competition, improve service quality and citizen access in key industries, all of which will improve the quality of life for Chilean citizens”, said Ms. Flores.

The first such Forum was held in 2014. It aims to provide participating companies with first-hand knowledge of emerging investment opportunities, new economic strategies and foreign investment policies in Chile. This is the sixth Forum and projects here focus on the Circular Economy, Global Services, Fintech, Tourism and Green Hydrogen. The companies that have submitted the most investment initiatives were from the USA, France, Argentina and Japan.

Contact Information:
Claudio Álvarez
Head of Communications at InvestChile
calvarez@investchile.gob.cl

Denisse Vásquez
Journalist at InvestChile
dvasquez@investchile.gob.cl

Related Images

Image 1: President Boric

President Boric at InvestChile Forum 2022

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GlobeNewswire Distribution ID 8713767

LambdaTest Certifications crosses 2500 awardees with over 10,000 registrations

Certification courses like Selenium 101, Cypress 101, and Selenium Advanced have a lot of takers

San Francisco, Dec. 14, 2022 (GLOBE NEWSWIRE) — LambdaTest, the leading continuous quality testing cloud platform, has reached the landmark of 2500 certificates and over 10,000 registrations with its LambdaTest Certifications initiative.

The certifications program caters to individual learners and corporate clients looking to upskill their employees. These resume-worthy test automation certifications are divided into beginner and advanced levels. After a thorough assessment, candidates are awarded the certificate.

“We started LambdaTest Certifications with the aim to provide real-world test automation skills to our candidates. We are overwhelmed with the reception we’ve received and we are constantly looking for skill sets that need to be added,” said Asad Khan, CEO, LambdaTest. “Our assessment ensures that candidates learn to use the skill set in a daily job setting and we’ve often heard from our enterprise partners on how useful the certification has been for their employees and in turn, their QA process. Nothing else could make us happier!”

“LambdaTest Certifications has played a crucial role in upgrading my testing-related skills. More importantly, I am not just getting a certificate, but developing key job-related skills due to the practical assessment process. Using the acquired skill daily gives me immense satisfaction and the certification gives me a professional edge,” said Francesco Annunziata, a candidate of LambdaTest Certifications.

LambdaTest has also recently launched HyperExecute, a next-gen smart test execution and orchestration platform that helps testers and developers run end-to-end automation tests at the fastest speed possible.

About LambdaTest

LambdaTest is a continuous quality testing cloud platform that helps developers and testers ship code faster. Over 10,000+ customers and 1+ million users across 130+ countries rely on LambdaTest for their testing needs.

LambdaTest platform provides secure, scalable, and insightful test orchestration for customers at different points in their DevOps (CI/CD) lifecycle:-

● Browser & App Testing Cloud allows users to run both manual and automated tests of web and mobile apps across 3000+ different browsers, real devices, and operating system environments.

● HyperExecute helps customers run and orchestrate test grids in the cloud for any framework and programming language at blazing-fast speeds to cut down on quality test time, helping developers build software faster.

For more information, please visit, https://lambdatest.com

For further information please contact the LambdaTest press office at press@lambdatest.com.

GlobeNewswire Distribution ID 8714287

Luiss University and University of Dubai together to strengthen international relations. Signing of a Memorandum of Understanding And Student Exchange Agreement For The Business Schools

Luiss University and University of Dubai Together to Strengthen International Relations

A cooperation program to foster advancement in teaching, research and cultural understanding

ROME, Dec. 14, 2022 (GLOBE NEWSWIRE) — A cooperation program to foster advancement in teaching, research and cultural understanding. This is the focal point of the agreement signed between the University of Dubai and Luiss Guido Carli in Rome. Luiss and the University of Dubai will promote more contacts and cooperation between their faculty members.

It is to be emphasized that those two factors create a strong basis for the development of joint training programs, formulating joint research projects, exchange of teaching materials, and exchange of students. University education is the precondition for social development, especially an expansion of transitive skills.

They are needed not only in business but in every aspect of social life. It is, therefore, necessary to build bridges for university connections and create networks of knowledge– diplomatic, economic, and commercial. Under the signed agreement, both institutions will endeavor to develop and participate in entrepreneurship and innovation initiatives to strengthen creative capacity by boosting development through cooperation and the flow of knowledge among higher education, vocational education, and training, including research.

The purpose of this agreement is to promote an exchange between students regularly enrolled in graduate programs at the University of Dubai and those regularly enrolled in an MBA program at Luiss Business School.

The agreement can be considered a legacy of the participation of Luiss University in the Italian Pavilion at Expo Dubai.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5fbec67-63e4-4ff3-831b-beb162271fb5

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

GlobeNewswire Distribution ID 8714499

JETEX WELCOMES THE WORLD’S FIRST LOUIS VUITTON POP-UP AT A PRIVATE JET TERMINAL

Private jet flyers enjoy exclusive access to the most dazzling travel selection.

Dubai, United Arab Emirates, Dec. 14, 2022 (GLOBE NEWSWIRE) — Jetex, an award-winning global leader in executive aviation, is proud to host the world’s first Louis Vuitton pop-up store at its flagship Jetex VIP Terminal in Dubai.

Passengers traveling with Jetex can look forward to getting inspired by Louis Vuitton iconic travel pieces, designed to make private jet flying even more glamorous. From timeless monogram trunks and exotic leather creations to a wide range of city guides and unique Objets Nomades, everyone will find something special from the wide collection of exquisite travel accessories available at the Louis Vuitton pop-up store.

“As Jetex breaks records in terms of passenger numbers, we seek new opportunities to surprise and delight both regular and new clients alike. I am exceptionally pleased that Louis Vuitton chose our FBO in Dubai to unveil its worlds’ first pop-up store at a private aviation terminal,” said Adel Mardini, Founder and CEO of Jetex.

With over 100 international private jet flights and more than 1,000 passengers daily, Jetex VIP Terminal in Dubai is currently one of the busiest globally. In addition to tranquil private lounges, elegant hospitality and curated art exhibitions, Jetex works closely with the leading luxury brands to develop solid, long-term partnerships.

About Jetex:

An award-winning global leader in executive aviation, Jetex is recognized for delivering flexible, best-in-class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit www.jetex.com and follow us on InstagramTwitterFacebook, and LinkedIn.

Press Enquiries:
Oleg Kafarov
Director of Portfolio Development & Corporate Communications
T: +971 4 212 4900   Email: teamorange@jetex.com

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Oleg Kafarov - Director of Portfolio Development & Corporate Communications
Jetex
+971 4 212 4900
teamorange@jetex.com

GlobeNewswire Distribution ID 8714491

LeddarTech จัดแสดงผลิตภัณฑ์ฟิวชันเซนเซอร์และการรับรู้ใหม่และซอฟต์แวร์ LeddarVision ที่ได้รับรางวัล CES ในวันที่ 5-8 มกราคม ณ ลาสเวกัสที่งาน CES 2023

ควิเบก, Dec. 14, 2022 (GLOBE NEWSWIRE) — LeddarTech® ซึ่งเป็นผู้นำระดับโลกในด้านการจัดหาเทคโนโลยีซอฟต์แวร์ระบบช่วยเหลือผู้ขับขี่ขั้นสูง (ADAS) และระบบขับขี่อัตโนมัติ (AD) ที่ยืดหยุ่น ทรงประสิทธิภาพ และแม่นยำที่สุด มีความยินดีที่จะประกาศการเข้าร่วมที่ CES 2023ในวันที่ 5-8 มกราคมที่ลาสเวกัส โดยจะจัดแสดงซอฟต์แวร์เกรดยานยนต์ที่เปิดใช้งาน ADAS และ AD ที่บูธ # 5475, LVCC West Hall

ธีมของบูธปลายทาง CES ของ LeddarTech คือ: “เร่งการนำ ADAS ที่ปลอดภัยยิ่งขึ้นมาใช้ด้วยซอฟต์แวร์ฟิวชันและการรับรู้ระดับต่ำที่มีประสิทธิภาพสูง”

เยี่ยมชมบูธนิทรรศการ LeddarTech เพื่อ:

พบกับการแนะนำผลิตภัณฑ์ใหม่: กลุ่มผลิตภัณฑ์ LeddarTech LVF ของโซลูชันมุมมองด้านหน้าสำหรับแอปพลิเคชัน ADAS ระดับ 2-2+

กลุ่มผลิตภัณฑ์ LVF เป็นสแตกฟิวชันมุมมองด้านหน้าและการรับรู้ที่ยืดหยุ่นและปรับขนาดได้ ซึ่งสนับสนุนแอปพลิเคชันการช่วยเหลือบนทางหลวงระดับเริ่มต้นจนถึงระดับพรีเมียม ADAS L2/L2+ และ NCAP/GSR ตระกูลผลิตภัณฑ์ LVF นั้นมอบคุณสมบัติและประสิทธิภาพระดับไฮเอนด์ด้วยต้นทุนฮาร์ดแวร์ที่ต่ำที่สุด

LVF-E เป็นสแตกฟิวชันมุมมองด้านหน้าและการรับรู้สำหรับระบบช่วยเหลือบนทางหลวงระดับเริ่มต้น ADAS L2/L2+และ NCAP 2025/GSR 2022 ระดับ 5 ดาว

LVF-H เป็นสแตกฟิวชันและการรับรู้คู่หูระดับพรีเมียมในตระกูลผลิตภัณฑ์มุมมองด้านหน้า ซึ่งมีคุณสมบัติการกำหนดค่าเซ็นเซอร์เพิ่มเติม

ประสบการณ์: การสาธิต LeddarVision Low-Level Data Fusion และ Perception Interactive Dashboard ที่ได้รับรางวัลนวัตกรรม CES 2023

LeddarVision™ เป็นโซลูชันฟิวชันเซ็นเซอร์และการรับรู้ระดับต่ำสำหรับ ADAS ยานยนต์และอุตสาหกรรมออฟโรด และแอปพลิเคชันการขับขี่ L2-L5 แบบอัตโนมัติ การสาธิตต่าง ๆ จะแสดงให้เห็นว่าโซลูชัน LeddarVision มีประสิทธิภาพเหนือกว่าโซลูชันอื่น ๆ ที่เปิดใช้งานแอปพลิเคชัน ADAS และ AD ได้อย่างไร เทคโนโลยี LeddarVision ได้รับรางวัล Sensor Perception ที่ Tech.AD USA เมื่อเดือนที่แล้วในเมืองดีทรอยต์ ในช่วงต้นปี 2022 LeddarVision ยังได้รับการยกย่องจาก Volkswagen Group Innovation Tel Aviv 2022 Konnect และ CARIAD Startup Challenge อีกทั้ง Shenzhen Automotive Electronics Industry Association อีกด้วย

ขับขี่ไปด้วยกันกับ LeddarCar Live: ผู้รับมอบอำนาจรายต่าง ๆ ที่เป็นตัวแทนของซัพพลายเออร์ยานยนต์ระดับ 1-2 และ OEM ได้รับเชิญให้จองการสาธิตบนถนนจริงของเทคโนโลยีซอฟต์แวร์ฟิวชันและการรับรู้ระดับต่ำ นั่นคือ LeddarVision ของ LeddarTech พื้นที่ว่างมีจำกัด ดังนั้น จองการสาธิตบนท้องถนนของ LeddarCar ของคุณได้ตอนนี้เลย

ตัวแทนของ CES รายต่าง ๆ ได้รับเชิญให้ เตรียมการประชุมล่วงหน้า ณ หนึ่งในสองห้องประชุม “ในสถานที่” เพื่อการสาธิตผลิตภัณฑ์ การให้สัมภาษณ์สื่อและนักวิเคราะห์อุตสาหกรรม หรือการอภิปรายของนักลงทุน

“CES 2023 เป็นฟอรัมในอุดมคติสำหรับ LeddarTech ในการแบ่งปันโซลูชันซอฟต์แวร์การตรวจจับและการรับรู้ระดับต่ำสำหรับแอปพลิเคชัน ADAS และ AD ของเรา ซึ่งได้รับรางวัลมากมายอีกทั้งยังไม่เหมือนใคร” คุณ Charles Boulanger ซีอีโอของ LeddarTech กล่าว “ผมคาดว่ายานยนต์ระดับ 1-2 และ OEM จะประทับใจกับเทคโนโลยีที่เป็นตัวเปลี่ยนเกมของเรา” เขากล่าวเสริม

เกี่ยวกับ LeddarTech

LeddarTech เป็นบริษัทซอฟต์แวร์ระดับโลกที่ได้ก่อตั้งขึ้นในปี 2007 ได้พัฒนาและจัดหาวิธีการแก้ปัญหาการรับรู้ที่ครอบคลุมซึ่งเปิดใช้งานการปรับใช้ ADAS และแอปพลิเคชันการขับขี่อัตโนมัติ ซอฟต์แวร์เกรดยานยนต์ของ LeddarTech นั้นใช้อัลกอริทึมการมองเห็นของคอมพิวเตอร์และ AI ในการสร้างแบบจำลอง 3 มิติของสภาพแวดล้อมที่มีความแม่นยำสูง ช่วยให้สามารถทำการตัดสินใจได้ดีขึ้นและการนำทางที่ปลอดภัยมากยิ่งขึ้น เทคโนโลยีที่มีประสิทธิภาพสูง สามารถปรับขยายได้และคุ้มราคานี้ ได้รับการยกระดับโดย OEM และซัพพลายเออร์ระดับ 1-2 เพื่อการใช้การแก้ปัญหายานยนต์และรถออฟโรดอย่างมีประสิทธิภาพ

LeddarTech นั้นเป็นผู้รับผิดชอบนวัตกรรมการรับรู้จากระยะไกลหลากหลายรายการ โดยมีสิทธิบัตรมากกว่า 140 ฉบับที่ได้รับอนุมัติหรือนำไปใช้เพื่อเพิ่มขีดความสามารถของ ADAS และ AD ได้ การรับรู้ที่เชื่อถือได้นั้นมีความสำคัญอย่างยิ่งในการทำให้การเคลื่อนที่ทั่วโลกปลอดภัยขึ้น มีประสิทธิภาพมากขึ้น ยั่งยืน และอยู่ในราคาที่เหมาะสม: นี่คือสิ่งที่ผลักดันให้ LeddarTech กลายเป็นซอฟต์แวร์การแก้ปัญหาฟิวชันเซ็นเซอร์และการรับรู้ที่ได้รับการยอมรับอย่างกว้างขวางมากที่สุด

ข้อมูลเพิ่มเติมเกี่ยวกับ LeddarTech นั้นสามารถดูได้ที่ www.leddartech.com และบน ​ลิงกต์อิน, ทวิตเตอร์, เฟซบุ๊ก และ ยูทูบ

ติดต่อ:Daniel Aitken รองประธาน ฝ่ายการตลาดระดับโลก การสื่อสาร และนักลงทุนสัมพันธ์ของ LeddarTech Inc. โทร.: +1-418-653-9000 ต่อ 232 daniel.aitken@leddartech.com

ติดต่อนักลงทุนสัมพันธ์และเว็บไซต์:InvestorRelations@leddartech.com

https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator และโลโก้ที่เกี่ยวข้องเป็นเครื่องหมายการค้าหรือเครื่องหมายการค้าจดทะเบียนของ LeddarTech Inc. และบริษัทในสาขา แบรนด์ ชื่อผลิตภัณฑ์ และเครื่องหมายอื่น ๆ ทั้งหมดเป็นหรืออาจเป็นเครื่องหมายการค้าหรือเครื่องหมายการค้าจดทะเบียนที่ใช้ระบุผลิตภัณฑ์หรือบริการของเจ้าของที่เกี่ยวข้อง

รูปภาพประกอบประกาศนี้สามารถดูได้ที่ https://www.globenewswire.com/NewsRoom/AttachmentNg/22263e34-474e-40f9-91d4-0ce7212fab53

GlobeNewswire Distribution ID 8714312

Fluence Signed an MOU with EGAT to Develop Thailand Energy Storage Market, Expand Footprint in Southeast Asia

BANGKOK, Thailand, Dec. 13, 2022 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, and the Electricity Generating Authority of Thailand (EGAT), today announced a memorandum of understanding to develop the battery-based energy storage market in Thailand. Fluence and EGAT aim to increase the deployment of energy storage to support the increased integration of renewables into the power grid and achieve Thailand’s clean energy targets.

“Thailand is an important market in Southeast Asia. We are excited to collaborate with EGAT and leverage our global experience delivering complex solutions for energy storage,” said Fluence Senior Vice President and President, APAC Jan Teichmann. “This engagement is a testament to the strong relationship between our organizations and provides a platform to identify energy storage opportunities in Thailand to help accelerate the country’s energy transition.”

According to International Renewable Energy Agency (IREA), at current usage levels, Thailand’s existing oil and gas resources will deplete within the next decade. Facing rising energy demand coupled with increasing reliance on imported sources of energy, Thailand’s government raised the country’s non-hydro renewable target from 20 to 30 percent by 2036. With this rapid projected penetration of renewable energy into the energy mix, energy storage can play a key role in stabilizing and strengthening the future grid. For example, storage can provide greater flexibility in the management of generation resources and optimize electricity costs.

“EGAT plans to collaborate with Fluence on developing Thailand’s energy storage services,” said Dr. Narin Phoawanich, Assistant Governor-Fuel Management at EGAT. “Storage is critical for allowing increased renewable energy integration while maintaining power grid stability and flexibility. We are moving in the right direction towards achieving our clean energy target.”

About Fluence

Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader in energy storage products and services, and cloud-based software for renewables and storage. With a presence in over 40 markets globally, Fluence provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings, and the Fluence IQ Platform, which delivers AI-enabled SaaS products for managing and optimizing renewables and storage from any provider. The company is transforming the way we power our world by helping customers create more resilient and sustainable electric grids.

For more information, visit our website, or follow us on LinkedIn or Twitter.

About EGAT

EGAT is a state-owned enterprise under the supervision of Ministry of Energy and Ministry of Finance. The principal mission of EGAT is electricity generation, electricity acquisition, and electricity sales to the Metropolitan Electricity Authority (MEA), the Provincial Electricity Authority (PEA), direct customers by law, and neighboring countries. EGAT is also responsible for other related businesses as stipulated by the EGAT Act.

Forward-Looking Statements

The statements described herein that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the performance of the MOU with EGAT in developing Thailand’s energy storage market. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as such as “may,” “possible,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions and variations thereof are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, impacts to the MOU and its performance as a result of COVID-19 and geopolitical instability and introduction of new initiatives and legislation relating to the renewable energy transition in Thailand or changes in the EGAT plans as well as those factors set forth under Part I, Item 1A.“Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2022, filed with the Securities and Exchange Commission (“SEC”) on December 12, 2022 and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.

Media Contacts
Adele Zhang
Head of Marketing & Communications, APAC
+61 406529688
Adele.Zhang@fluenceenergy.com

Investor Relations
Lexington May
Vice President of Investor Relations
+1 713-909-5629
InvestorRelations@fluenceenergy.com

GlobeNewswire Distribution ID 8713772

Amlan International Announces Executive Promotions

Reagan Culbertson

Reagan Culbertson, Vice President, Strategic Marketing, Amlan International

CHICAGO, Dec. 13, 2022 (GLOBE NEWSWIRE) — Amlan International, the animal health business of Oil-Dri® Corporation of America and a global leader in mineral-based feed additives that improve the intestinal health and efficiency of poultry and livestock, announces three internal promotions. These organizational changes will continue the momentum of Amlan’s growth in the Americas while maintaining the strong reputation of Amlan in Asian markets.

Dr. Wade Robey has been promoted to President of Amlan International. Dan Jaffee will transition his responsibilities as President and General Manager of Amlan to Wade and will continue to serve as President and CEO of Oil-Dri. While serving as President and General Manager, Dan strategically realigned Amlan as a leader in mineral technology. Dan built a high-performing team and is now recognizing specific individuals for their leadership and experience who will take Amlan into the next phase of growth.

Wade joined Amlan as Vice President, Marketing and Product Development in March 2021 and was promoted to Vice President of Agriculture & Amlan Marketing in May 2022. Since joining the company, Wade directed global marketing efforts and reinforced Amlan’s promise to deliver reliable, natural feed additive solutions from its proprietary mineral technology to improve the quality of animal protein for human consumption. Wade will continue as Vice President of Agriculture and the strategic oversight of Oil-Dri’s Innovation Campus.

Dr. Wade Robey, President, Amlan International

Dr. Wade Robey, President, Amlan International

“Wade is the right person to ensure Amlan’s future sustained success,” states Dan Jaffee, President and CEO of Oil-Dri® Corporation of America. “Wade and his team have helped oversee the tremendous success of Amlan and have advanced Amlan’s mission to deliver innovative animal feed additives from our unique and proprietary mineral technology. As president, Wade will continue to bring best practices to all segments of the company, as well as explore strategic opportunities to support Amlan’s continued growth. He will also focus on bringing high-quality and efficacious mineral-based feed additives to market in North America and help producers drive profits naturally.”

Dr. Aldo Rossi

Dr. Aldo Rossi, Vice President, Innovation & Technical Service Amlan International

Wade brings decades of experience working in various agriculture industries, including animal nutrition, biotech, food, precision ag and more. Before joining Amlan International, he worked as executive director of autonomous solutions for a precision agriculture company. Previously, Wade served as senior vice president and chief technology officer for the world’s largest ethanol biorefining company and as the head of marketing for the world’s leading industrial enzyme company. Wade is a graduate of Auburn University with a bachelor’s degree in agricultural sciences and a master’s in avian physiology. He earned a Ph.D. in animal nutrition from Virginia Tech.

Along with Wade’s appointment to president, other notable promotions include:

  • Reagan Culbertson has been promoted to Vice President, Strategic Marketing. In this role, Reagan will lead marketing, branding and product management while supporting all business-to-business divisions. Reagan’s most recent position was Director of Global Strategic Branding and Communications. She has been a part of Amlan and Oil-Dri for the last 15 years and brings to her new position a deep understanding of Oil-Dri’s businesses. Reagan is a graduate of Northeastern University in Boston, MA.
  • Dr. Aldo Rossi has been promoted to Vice President, Innovation & Technical Service. This newly created role will align Technical Services, Regulatory Affairs and the Innovation Center. In his new position, Aldo will coordinate Amlan’s technical support staff around the globe. Aldo’s most recent position with Amlan was Director of Sales and Technical Service for North America. Aldo’s background as a leader in research, product development and technology in the poultry industry will enhance Amlan’s product development and support. Aldo is a graduate of the University of California–Davis, with Bachelor of Science and Doctor of Veterinary Medicine degrees.

“These promotions reflect our company’s commitment to excellence,” said Dan Jaffee. “We continue to invest in our people to ensure we provide our customers with superior technical expertise and support. Wade, Reagan and Aldo have proven themselves valuable team leaders who consistently develop new strategies that exceed expectations while growing the Amlan International brand in both global and North American markets.”

Celebrating its 15th anniversary this year, the Amlan International brand was introduced into the feed-additive market in 2007. Vertical integration allows Amlan International to leverage Oil-Dri’s mineral science expertise to develop proprietary, mineral-based feed additives. Oil-Dri launched its first mineral-based product in 1941, and since then has mined and processed a range of unique minerals for many applications. Oil-Dri has been active in the animal health market since the 1980s, with products that assist feed flowability and pellet binding.

Company Information

Amlan is the animal health business of Oil-Dri Corporation of America, a leading global manufacturer and marketer of sorbent minerals. Oil-Dri leverages over 80 years of expertise in mineral science to selectively mine and process their unique mineral for consumer and business-to-business markets. Oil-Dri Corporation of America doing business as “Amlan International” is a publicly traded stock on the New York Stock Exchange (NYSE: ODC). Amlan International sells feed additives across the world. Product availability may vary by country, associated claims do not constitute medical claims and may differ based on government requirements.

Reagan Culbertson
Media Contact
press@amlan.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/2f9c607f-3876-4a25-a92c-4ffa1d8e8e9d

https://www.globenewswire.com/NewsRoom/AttachmentNg/41c2bb1a-fcc2-43df-aa4c-5a63afa9c40a

https://www.globenewswire.com/NewsRoom/AttachmentNg/5be37580-c462-4281-a728-338b1b3cb9c9

GlobeNewswire Distribution ID 8714022

WillScot Mobile Mini Holdings Announces Agreement to Divest UK Storage Segment

PHOENIX, Dec. 13, 2022 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible workspace and portable storage solutions, today announced a definitive agreement, whereby the Company will divest its UK Storage segment to Algeco UK Holdings Limited, a member of the Modulaire group for an enterprise value of approximately £335 million. Proceeds from the sale will be used to support growth investments in the Company’s North American Modular and Storage operating segments and other capital allocation priorities. Completion of the transaction is subject to regulatory approval in the United Kingdom and is expected to close in the first quarter of 2023. The Company does not anticipate any impact to operating results from the divestiture in its NA Modular or NA Storage segments, and the UK Storage segment will be reported as discontinued operations in its Q4 2022 financial filings.

Brad Soultz, Chief Executive Officer of WillScot Mobile Mini Holdings, commented, “Thank you to the Mobile Mini UK team for their dedication to WillScot Mobile Mini Holdings. This transaction and the previously completed divestiture of the Tank & Pump segment will complete the transition of our portfolio into a pure play provider of modular space and storage solutions in North America, where our industry-leading platform enjoys unparalleled scale benefits and allows us to deliver greater value to our customers and shareholders. Upon close, our capital allocation strategy will remain unchanged, and our leverage will be reduced towards the bottom of our 3.0 to 3.5x target range. We completed three additional highly accretive tuck-in acquisitions in our NA Modular and NA Storage segments during the fourth quarter to date and over 20 acquisitions in 2022 to date. We expect to continue to aggressively reinvest in support of our organic, and largely idiosyncratic, growth levers, opportunistic accretive acquisitions, and in returning value to shareholders through share repurchases given our existing $1B share repurchase authorization. We expect to provide 2023 financial guidance excluding the UK Storage segment during the Q4 2022 earnings call in early 2023.”

Cleary Gottlieb Steen & Hamilton LLP acted as legal adviser to WillScot Mobile Mini Holdings.

About WillScot Mobile Mini Holdings

WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 260 branch locations and additional drop lots throughout the United States, Canada, Mexico, and the United Kingdom.

Forward-Looking Statements
This press release contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words “estimates,” “expects,” “anticipates,” “believes,” “forecasts,” “plans,” “intends,” “may,” “will,” “should,” “shall,” “outlook,” “guidance” and variations of these words and similar expressions identify forward-looking statements, which are generally not historical in nature. Certain of these forward-looking statements include statements relating to: our pipeline, acceleration of our run rate, acceleration toward and the timing of our achievement of our three-to-five-year milestones, growth and acceleration of cash flow, drive higher returns on invested capital, and Adjusted EBITDA margin expansion. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other important factors, many of which are outside our control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Although the Company believes that these forward-looking statements are based on reasonable assumptions, they are predictions and we can give no assurance that any such forward-looking statement will materialize. Important factors that may affect actual results or outcomes include, among others, our ability to acquire and integrate new assets and operations; our ability to achieve planned synergies related to acquisitions; our ability to successfully execute our growth strategy, manage growth and execute our business plan; our estimates of the size of the markets for our products; the rate and degree of market acceptance of our products; the success of other competing modular space and portable storage solutions that exist or may become available; rising costs and inflationary pressures adversely affecting our profitability; potential litigation involving our Company; general economic and market conditions impacting demand for our products and services and our ability to benefit from an inflationary environment; our ability to maintain an effective system of internal controls; and such other risks and uncertainties described in the periodic reports we file with the SEC from time to time (including our Form 10-K for the year ended December 31, 2021), which are available through the SEC’s EDGAR system at www.sec.gov and on our website. Any forward-looking statement speaks only at the date which it is made, and the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Additional Information and Where to Find It
Additional information can be found on the company’s website at www.willscotmobilemini.com.

Contact Information
Investor Inquiries: Media Inquiries:
Nick Girardi Jake Saylor
investors@willscotmobilemini.com Jake.Saylor@willscot.com

GlobeNewswire Distribution ID 8713989