Highlights role of solutions and services in enabling environmental sustainability technologies

SANTA ROSA, Calif.--(BUSINESS WIRE)--$KEYS #CSR--Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, has announced that it will achieve net zero emissions in its operations by end of fiscal year 2040, a decade ahead of the Paris Agreement’s timeline.

“Keysight is committed to help mitigate the worst impacts of climate change,” said Ingrid Estrada, Keysight’s chief administrative officer. “This commitment puts our environmental sustainability efforts in alignment with the Paris Agreement’s preferred goal to limit global warming to 1.5 degrees Celsius, which many of our customers and investors now expect from their strategic partners.”

Keysight’s strategy focuses on achieving net zero emissions in its operations (Scope 1 and Scope 2) through energy efficiency and conservation, investment in renewable energy and selective purchase of certified offsets to neutralize any residual emissions. In particular, the company’s renewable energy approach will consider a mix of on-site renewable energy installations, procurement of green energy from utility providers and power purchase agreements in solar and wind energy.

To ensure progress and accountability towards the net zero goal, Keysight has committed to the following interim measures:

• By the end of fiscal year 2030 – the company commits to 55% renewable energy and 10% energy reduction through efficiency and conservation initiatives (based on fiscal year 2019 baseline)
• By the end of fiscal year 2040 – the company commits to 100% renewable energy and 20% energy reduction through efficiency and conservation initiatives (based on fiscal year 2019 baseline)

Through this process, Keysight will commit to the Science Based Targets initiative to develop approved science-based targets across relevant scopes.

In addition to these operational targets, Keysight’s sustainably developed solutions and services enable its customers to meet their own climate goals. The company’s circular economy approach to its product lifecycle model helps mitigate environmental impacts with a focus on utilization longevity, maintenance service, reuse, remanufacturing and recycling. Keysight's design, test, manufacture and optimization solutions are also critical enablers for customers implementing disruptive technologies in automotive electro-mobility, renewable energy and smart infrastructures in support of global environmental sustainability.

"Our net zero goal sends a clear message to key stakeholders about our strategic direction in environmentally sustainable operations," said Ron Nersesian, Keysight chairman, president and CEO. "By connecting these operational efforts with our sustainably-developed solutions and services that empower the clean tech and eMobility transformation, Keysight continues to exemplify our commitment to a sustainable future.”

Additional information

• Keysight Net Zero Emissions in Operations Editorial Backgrounder
• Keysight 2020 CSR Report
• Keysight Environmental Sustainability
• Keysight's Response to Climate Change
• Keysight Solutions for Environmental Sustainability

About Keysight Technologies

Keysight delivers advanced design and validation solutions that help accelerate innovation to connect and secure the world. Keysight’s dedication to speed and precision extends to software-driven insights and analytics that bring tomorrow’s technology products to market faster across the development lifecycle, in design simulation, prototype validation, automated software testing, manufacturing analysis, and network performance optimization and visibility in enterprise, service provider and cloud environments. Our customers span the worldwide communications and industrial ecosystems, aerospace and defense, automotive, energy, semiconductor and general electronics markets. Keysight generated revenues of $4.2B in fiscal year 2020. For more information about Keysight Technologies (NYSE: KEYS), visit us at www.keysight.com.

Additional information about Keysight Technologies is available in the newsroom at https://www.keysight.com/go/news and on Facebook, LinkedIn, Twitter and YouTube.

Source: IR-KEYS

KEYSIGHT TECHNOLOGIES CONTACTS:
Geri Lynne LaCombe, Americas/Europe
+1 303 662 4748
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Fusako Dohi, Asia
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Tech-enabled BPO looks to the future with sustainable best practices across its digital CX platform in the call center and work-at-home customer support

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--#TIA--iQor, a managed services provider of customer engagement and technology-enabled BPO solutions, announced today that it was awarded TIA's 2020 Global Sustainability Award in the Corporate Category. The company was a previous winner of the award in 2018.

iQor’s digital CX technology and approach to innovation has helped the company “Go Green” while dramatically reducing energy usage. Over a decade ago, iQor eliminated all phones and PC computers at its contact centers, replacing them with a soft phone and thin clients, dramatically reducing energy use per employee and electronics into landfills. Typical desktops use up to 65w-250w of energy. iQor’s thin clients use only 30w of energy – a 66% to 73% reduction in power usage. Switching just 10,000 of our PCs to thin clients has freed up enough electricity to power 80-100 homes for an entire year. In addition, switching the same number of PCs to thin clients reduces carbon emissions into the atmosphere by more than 1,600 metric tons in a year. Our Digital CX Command Center automatically logs off employees when a terminal is no longer in use.

"We're excited to be recognized for our ongoing commitment to sustainability," said President and CEO Gary Praznik. "Throughout our history, iQor has been committed to sustainable best practices. Our employees care deeply about the environment, and it's our job to provide sustainable digital CX technology, education, and awareness across the nine countries we operate in today."

Green initiatives are an integral part of iQor’s culture and that of its partners, from purchasing to recycling. With a strong shift to Work-at-Home customer support, the company expects to make an even greater impact in the years to come.

Award winners will be featured on Thomson Reuters digital sign, one of the largest in the world, in Times Square in the heart of New York City on May 14, 2021. The billboard is located at 43rd Street & 7th Ave.

iQor is a co-winner with IBM and congratulates all winners for their commitment to the environment we all share.

About TIA

The Telecommunications Industry Association (TIA) represents more than 400 global companies that enable high-speed communications networks and accelerate next-generation ICT innovation. Through leadership in U.S. and international advocacy, technology programs, standards development, and business performance solutions, TIA and its members are accelerating global connectivity across every industry and market. TIA is accredited by the American National Standards Institute (ANSI).

About iQor

iQor is a managed services provider of customer engagement and technology-enabled BPO solutions. With 35,000 employees in 9 countries, we partner with many of the world's best-known brands to deliver customer support solutions that span the consumer value chain. Our award-winning technology and interaction analytics platforms enable us to measure, monitor, and analyze brand interactions, improve business processes, and find operational efficiencies that lead to superior outcomes for our partners across the customer life cycle. For more information, please visit us at www.iqor.com or follow us at www.twitter.com/iqor.

Media Contacts
Robert Constantine
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LOS ANGELES--(BUSINESS WIRE)--#cleanenergy--Today, the Green Hydrogen Coalition in conjunction with the Los Angeles Department of Water and Power (LADWP) and other key partners, announced the launch of HyDeal LA, an initiative to achieve at-scale green hydrogen procurement at $1.50/kilogram in the Los Angeles Basin by 2030. HyDeal LA is a collaboration of developers, green hydrogen off-takers, integrators, equipment manufacturers, investors, and advisors coalescing to overcome the biggest barrier to the green hydrogen economy—its high cost—by launching a commercial green hydrogen cluster at scale.

Green hydrogen is an abundant, carbon-free, and safe energy carrier that can be produced from renewable electricity and water or organic waste. It can be used as a carbon-free fuel and can provide long-duration seasonal energy storage. When used as an alternative to fossil fuels, green hydrogen can enable deep decarbonization of hard-to-abate sectors, enable the repurposing of valuable existing infrastructure and an affordable, responsible energy transition. Benefits to the economy include stable pricing, energy diversity, and increased economic development by reducing our need to import fossil fuels. Green hydrogen can be used to power anything from a power plant, to a steel mill, to a hydrogen fuel cell vehicle.

“As Governor Newsom said during the release of the May Revise Budget last Friday, we need to focus on green hydrogen in this country, and California needs to compete in this space,” said Dee Dee Myers, Senior Advisor to the Governor and Director of the Governor’s Office of Business and Economic Development. “Delivering on the promise of green hydrogen means collaboration and implementation, which are the foundations of the HyDeal LA initiative. Success means clean air, reliable power, zero-emission transportation, and importantly jobs and sustainable economic development.”

Independent studies, including the recently completed Los Angeles 100% Renewable Energy Study, point to the need for renewably fueled combustion turbines—available for limited periods—to achieve reliable 100% renewable electricity.

“Green hydrogen is the key to reliably achieving 100% renewable energy,” states Martin Adams, General Manager and Chief Engineer at LADWP. “We are pleased to join the HyDeal LA effort, which includes an innovative and expanding vendor and development community, to support and help catalyze the supply chain needed to achieve large-scale, low-cost green hydrogen power supply for our local in basin plants.”

Joining HyDeal LA marks another significant initiative around green hydrogen for LADWP, which is leading the conversion of the Intermountain Power Project in Delta, Utah to the world’s first gas turbine intentionally designed and built to operate on 100% carbon free green hydrogen.

HyDeal LA is part of HyDeal North America, a commercialization platform launched by the Green Hydrogen Coalition, which is dedicated to deploying green hydrogen at scale for multi-sectoral decarbonization. HyDeal LA is modeled after HyDeal Ambition, a similar project in Europe committed to producing and purchasing 3.6 million tons of green hydrogen per year for the energy, industry, and mobility sectors at €1.5/kilogram (kg) before 2030.

In addition to LADWP, HyDeal LA leaders include 174 Power Global, Mitsubishi Power, and SoCalGas. Key implementation partners include Clifford Chance, Corporate Value Associates (CVA), Cranmore Partners, Energeia, Marathon Capital, Sheppard Mullin, and Strategen. Phase 1 of HyDeal LA will architect the high value competitive supply chain necessary to achieve $1.50/kg delivered green hydrogen in the LA Basin, and achieve in-principle agreement on the necessary terms and conditions to achieve production, storage, transport and delivery of green hydrogen at scale—all of which will be required to establish the green hydrogen ecosystem and economy in Los Angeles.

Paul Browning, President and CEO of Mitsubishi Power Americas, says, “As a leader in utility scale green hydrogen projects in the Western United States and globally, Mitsubishi Power is dedicated to achieving affordable green hydrogen costs in Los Angeles and around the world. Together with our customers and partners, we are creating a Change in Power.”

“Green hydrogen presents a significant opportunity for our gigawatt-scale solar farms to deliver decarbonized energy to multiple sectors,” said Dr. Henry Yun, President and CEO of 174 Power Global. “We are thrilled to be part of HyDeal LA and creating the path forward for electrifying our fuel supply.”

“In Southern California, the confluence of geography, visionary climate policies, and public-private partnerships like HyDeal LA mean we are well positioned to develop transformative, pragmatic and globally scalable solutions toward an integrated, and carbon-free energy system,” said Scott Drury, SoCalGas CEO. “Hydrogen will play an important part in helping SoCalGas reach our goal of achieving net-zero emissions by 2045, in keeping utility bills affordable for families and businesses, and in keeping energy reliable and resilient as we make the transition.”

In addition to the project supporters, diverse advisors are supporting the initiative, including Rachel Fakhry, Senior Policy Analyst at the Natural Resource Defense Council. Says Fakhry, “Green electrolytic hydrogen is a promising resource to help our path towards decarbonization, create a healthier environment, and clean up the air for local communities.”

Janice Lin, Founder and President of the Green Hydrogen Coalition, agrees, stating, “Green hydrogen is a game changer in achieving deep decarbonization of multiple sectors, and Los Angeles is the perfect place to launch the first HyDeal North America. LA has all the ingredients for success—visionary municipal leadership, forward-thinking utility partners, major off-takers committed to a low carbon future including power generation, industry, and port refueling operations, and lots of available renewable energy sources for green hydrogen production.”

To join HyDeal LA as an off-taker or partner, visit https://www.ghcoalition.org/hydeal/la.

______________________________________

About 174 Power Global

174 Power Global is a leading solar and energy storage project developer focused on North America’s utility and C&I energy markets. The company is wholly owned by the Hanwha Group, and has offices in Houston, Irvine, California and New York City. With deep expertise across the full spectrum of the project development cycle, 174 Power Global works closely with utilities, landowners, local communities, financial investors, and other partners to build highly productive, utility scale and C&I solar power plants throughout North America. Since its formation in 2017, 174 Power Global has signed over 3 gigawatts (GW) of power purchase agreements (PPAs) with more than 8 GW of additional solar projects and 10GWh of ESS projects in the development pipeline. 174 Power Global is uniquely positioned to become a leader in the Green Hydrogen economy by leveraging its core strength in utility-scale PV and ESS generation development and operation to fuel the growth of GreenH2. 174 Power Global also is affiliated with Chariot Energy, a retail energy provider that provides 100% clean, renewable solar energy to the Texas market. Chariot Energy is transforming the energy supply for Texas while modernizing and simplifying the way solar energy is sold and delivered. 174 Power Global’s name was inspired by the 174 petawatts (PW) of power the earth receives from the sun at any moment.

About Green Hydrogen Coalition

The Green Hydrogen Coalition (GHC) is the only organization dedicated to deploying green hydrogen at scale for multi-sectoral decarbonization. GHC is an educational 501(c)3 non-profit organization founded in 2019 whose mission is to facilitate policies and practices to advance the production and use of green hydrogen in all sectors where it will accelerate the transition to a carbon-free energy system. Visit www.ghcoalition.org.

About LADWP

The Los Angeles Department of Water and Power is the nation’s largest municipal utility, with an 8,000 megawatt (MW) electric capacity and serving an average of 436 million gallons of water per day to the more than 4 million residents of the City of Los Angeles, its businesses and visitors. For more than 100 years, LADWP has provided the city with reliable water and power service in a cost effective and environmentally responsible manner.

About Mitsubishi Power Americas, Inc.

Mitsubishi Power Americas, Inc. headquartered in Lake Mary, Florida, employs more than 2,000 power generation, energy storage, and digital solutions experts and professionals. Our employees are focused on empowering customers to affordably and reliably combat climate change while also advancing human prosperity throughout North and South America. Mitsubishi Power’s power generation solutions include gas, steam, and aero-derivative turbines; power trains and power islands; geothermal systems; distributed renewable technologies; environmental controls; and services. Energy storage solutions include green hydrogen and battery energy storage systems. Mitsubishi Power also offers digital solutions that enable autonomous operations and maintenance of power assets. Mitsubishi Power, Ltd. is a wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is one of the world’s leading heavy machinery manufacturers with engineering and manufacturing businesses spanning energy, infrastructure, transport, aerospace and defense. For more information, visit the Mitsubishi Power Americas website and follow us on LinkedIn.

About SoCalGas

Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California’s clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.

SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. The company has made significant investments to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego, California. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook.

Maggie Field
Engagement and PR Manager
Green Hydrogen Coalition
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Phone: 630-251-1455

SAN JOSE, Calif.--(BUSINESS WIRE)--$QS--QuantumScape Corporation, (NYSE: QS, or “QuantumScape”) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021. The companies currently contemplate Salzgitter, Germany for the location.

The pilot-line facility, QS-1, will initially be a 1-gigawatt hour (GWh) battery cell commercial production plant for electric vehicle batteries. QuantumScape and Volkswagen intend to expand production capacity by a further 20 GWh at the same location.

“Our goal has been to bring our solid-state lithium-metal batteries to market as soon as possible,” said Jagdeep Singh, CEO and co-founder of QuantumScape. “This joint venture brings together QuantumScape’s core battery technology with Volkswagen’s deep understanding of high-volume, high-quality production, and maximizes our ability to bring this technology into industrial production.”

QS-1 will follow QS-0, QuantumScape’s planned pre-pilot line. In its Q1 Shareholder Letter, QuantumScape highlighted progress on that front as well, securing a facility in San Jose to house the QS-0 line. To fulfill the strong inbound interest in its technology, the company also recently announced it was doubling the initial QS-0 capacity to over 200,000 cells annually, enough for hundreds of test vehicles each year.

In March, QuantumScape announced an additional $100 million in funding from Volkswagen after Volkswagen confirmed through tests at its labs in Germany that QuantumScape cells met the established technical milestone.

About QuantumScape Corporation

QuantumScape is a leader in developing next-generation solid-state lithium-metal batteries for use in electric vehicles. The company’s mission is to revolutionize energy storage to enable a sustainable future. For more information, please visit www.quantumscape.com.

Forward-Looking Statements

The information in this press release includes a “forward-looking statement” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, including, without limitation, regarding the development, timeline and performance of QuantumScape’s products and technology are forward-looking statements.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside QuantumScape’s control and are difficult to predict. Factors that may cause such differences include but are not limited to the ones listed here. The Company faces significant barriers in its attempts to produce a solid-state battery cell and may not be able to successfully develop its solid-state battery cell. Building high volumes of multi-layer cells in the commercial form factor and with higher layer count requires substantial development effort. The Company could encounter significant delays and/or technical challenges in replicating the performance seen in its single-layer cells and four-layer cells and in achieving the high yield, reliability, uniformity and performance targets required for commercial production and sale. The Company may encounter delays and other obstacles in acquiring, installing and operating new manufacturing equipment for automated and/or continuous-flow processes, including vendor delays and challenges optimizing complex manufacturing processes. QuantumScape cautions that the foregoing list of factors is not exclusive. Additional information about factors that could materially affect QuantumScape is set forth under the “Risk Factors” section in the registration statement filed by QuantumScape with the SEC on March 25, 2021 and available on the SEC’s website at www.sec.gov.

Except as otherwise required by applicable law, QuantumScape disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Should underlying assumptions prove incorrect, actual results and projections could different materially from those expressed in any forward-looking statements.

For Investors
John Saager, CFA
Head of Investor Relations
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DUBLIN--(BUSINESS WIRE)--The "Growth Opportunities in Advanced Digital Technologies and Edge Computing for the Oil & Gas Industry" report has been added to ResearchAndMarkets.com's offering.

This edition of the Oil & Gas TOE features information on the development of inspection robots for performing offshore field inspections with latest measurement tools, the development of casing cement breakers to eliminate the cost intensive approach of plugging and abandonment of used oil fields, and the use of hydrogen powered unmanned aerial vehicles for real-time monitoring of oil & gas pipelines.

The TOE also features information on the utilization of edge analytics to reduce cost, enhance productivity, and efficiently manage equipment during upstream, midstream, and downstream oil & gas processing. It also features information on the development of servers that aid oil & gas operators to analyze exploration activities in an efficient manner.

The TOE focuses on innovations associated with the use of software-as-a-service solutions for the digital transformation of oil & gas companies and to monitor its assets in real time to increase safety and efficiency. Use of data analytics for predicting and measuring greenhouse emissions in oilfields, adoption of a cost- effective steam cracking method for regenerating zeolite catalysts used in downstream oil & gas operations, and use of reinforcement-based algorithms for effective forecasting of oil & gas reserves are also profiled in this TOE.

The Oil and Gas TOE provides intelligence on innovations pertaining to technologies, products, and processes, along with strategic insights, in the upstream and downstream processes in the oil and gas industry.

Key Topics Covered:

• Innovations in Advanced Digital Technologies and Edge Computing for the Oil & Gas Industry
• Ouro Negro, Brazil
• Deep Casing Tools, UK
• Doosan Mobility Innovation Inc., South Korea
• Allerin Technologies Private Limited, India
• Davra Limited, US
• Giga-Byte Technology Co. Ltd., Taiwan
• Cognite As, Norway
• Kayrros Sas, France
• Atmospheric Plasma Solutions Inc., US
• Chinese Academy of Sciences, China
• Sunhydrogen, US
• Texas A & M University, US
• Key Contacts

For more information about this report visit https://www.researchandmarkets.com/r/4y4ux1

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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TORONTO--(BUSINESS WIRE)--$NACO #ETFs--NEO is proud to welcome Ninepoint Partners LP (“Ninepoint”) back to the NEO Exchange, with the launch of a broad theme of ETFs. The funds began trading today under the symbols NNRG, NAHF, and NACO.

"We're happy to expand our partnership with NEO as we add to our ETF product lineup,” said James Fox, co-CEO and Managing Partner at Ninepoint. “The launch of these three Ninepoint ETFs makes it easier for investors to better diversify their portfolios, and that's what Ninepoint is committed to delivering: better diversification."

The three new Ninepoint ETFs now available on the NEO Exchange include:

Ninepoint Energy Fund (NNRG)
Seeking to achieve long-term capital growth, this Fund invests primarily in equity and equity-related securities of companies that are involved in the exploration, development, production and distribution of oil, gas, coal, or uranium and other related activities in the energy and resource sector.

Ninepoint Alternative Health Fund (NAHF)
The Fund’s objective is to achieve growth by investing primarily in equity securities of companies engaged in nutrition, nutraceuticals, and new forms of medicines and pharmaceutical solutions.

Ninepoint Alternative Credit Opportunities Fund (NACO)
Seeking to generate long-term total returns, this Fund invests in a diversity of Canadian, U.S., and international fixed income securities for short-term and long-term gain. The Fund has no geographic, industry sector, asset class, or market capitalization restrictions. The Fund will use leverage created through cash borrowings, short sales, and derivative contracts.

These three new funds join four other broad theme Ninepoint ETFs already listed on the NEO Exchange, which were launched in November of 2020. Investors can trade units of the Ninepoint ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers. Click here for a complete view of all NEO-listed securities.

“It’s always gratifying to welcome back a returning issuer to the NEO Exchange,” commented Jos Schmitt, President and CEO of NEO. “It’s an indication of their continued trust, and a testament to the service and support we provide to all of our clients at NEO. Ninepoint has a long and successful track record in the alternative investment space and we look forward to partnering with them once again, as we bring our own ETF expertise to the table.”

NEO consistently represents about 20% of all volume traded in Canadian ETFs and close to 15% of all trading in Canadian-listed companies.

About the NEO Exchange

The NEO Exchange is Canada’s stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO is a non-venture stock exchange and lists senior companies and investment products seeking a stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

Connect with NEO: Website | LinkedIn | Twitter | Instagram

About Ninepoint Partners LP

Based in Toronto, Ninepoint is one of Canada’s leading alternative investment management firms overseeing approximately $8 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies including Alternative Income and Real Assets, in addition to North American and Global Equities.

Connect with Ninepoint: Website | LinkedIn | Twitter

NEO Media Contact:
Aimee Morita
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HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NYSE: BKR) announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on June 4, 2021 to holders of record on May 25, 2021.

About Baker Hughes:
Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

Investor Relations

Jud Bailey
+1 281-809-9088
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Media Relations

Thomas Millas
+1 713-879-2862
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BALA CYNWYD, Pa.--(BUSINESS WIRE)--#ceo--PaperWorks Industries, Inc. has announced the appointment of Brian Janki to the posts of President & CEO and member of the Board of Directors effective May 10, 2021. Mr. Janki replaces C. Anderson “Andy” Bolton.

“I am extremely excited to join PaperWorks,” says Janki. “PaperWorks is an outstanding company with a great market reputation, and I look forward to serving our customers and working collaboratively with our team members on safely and successfully executing our strategy.”

Mr. Janki most recently served as an advisor to the PaperWorks Board of Directors, and previously as President & CEO of Dunn Paper.

Mr. Janki has deep industry experience working with vertically integrated companies in recycled board substrates and folding carton segments. Prior to joining Dunn Paper, Mr. Janki held key leadership roles in Mill, Packaging, and Specialty Papers business units at Caraustar, Greif, and Glatfelter.

About PaperWorks

PaperWorks is a leading, integrated North American full-service provider of recycled paperboard and specialized folding cartons for packaging applications. The company specializes in providing folding carton solutions for a wide variety of market sectors including food, beverage, personal care, pharmaceuticals, nutraceuticals and medical devices and is also known for its state-of-the art, extended color gamut printing capability, which creates shelf-differentiating graphics.

PaperWorks has invested in state-of-the-art technology over the past three years to upgrade its paperboard mills and folding carton converting plants to be at the forefront of innovation and market differentiation. The company is committed to the highest sustainable forestry and procurement standards. Product certifications include the Forest Stewardship Council (FSC) and 100% Recycled Paperboard Alliance (RPA100). For more information, please visit: www.onepaperworks.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements represent management's current expectations and are based upon information available to the Company at the time of this press release. Statements in this press release that are not historical or current facts are "forward-looking statements." Such forward-looking statements include statements using words such as "anticipate," "expect," "believe," "continue," "will," "may," "estimate," "assume," "presume," "pursue," "outlook," "plan," "goal," "milestone" and similar expressions. Such statements are subject to a number of risks, uncertainties and assumptions that may cause actual results, developments, or achievements to differ materially from those projected or implied in these statements including, but not limited to, potential limitations on the Company’s ability to maintain contracts and other critical business relationships; risks associated with general economic and business conditions; requirements for adequate liquidity to fund its operations in the future, including obtaining sufficient financing on acceptable terms; other matters related to its indebtedness; and the risk factors and known trends and uncertainties described in the Company’s most recent periodic reports provided to Noteholders.

Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.

Media Contact: Gabriela Goodman
PaperWorks Industries
+1 (215) 984-7000
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SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) announced today that Brad Barron, President and Chief Executive Officer; Tom Shoaf, Executive Vice President and Chief Financial Officer; Danny Oliver, Executive Vice President of Business Development & Engineering; Amy Perry, Executive Vice President of Strategic Development; Pam Schmidt, Vice President of Investor Relations, and other members of management will participate in virtual meetings with members of the investment community at the 2021 Energy Infrastructure Council Investor Conference on Wednesday, May 19, 2021 and Thursday, May 20, 2021. The materials to be discussed in the meetings will be available on the partnership’s website at 10:00 a.m. Central Time, Wednesday, May 19, 2021.

NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, Texas, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has approximately 10,000 miles of pipeline and 73 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels and specialty liquids. The partnership’s combined system has approximately 72 million barrels of storage capacity, and NuStar has operations in the United States, Canada and Mexico. For more information, visit NuStar Energy L.P.’s website at www.nustarenergy.com and our Sustainability page at www.nustarenergy.com/Sustainability.

NuStar Energy, L.P., San Antonio
Investors, Tim Delagarza, Manager, Investor Relations
Investor Relations: 210-918-INVR (4687)
or
Media, Mary Rose Brown, Executive Vice President and Chief Administrative Officer,
Corporate Communications: 210-918-2314
website: http://www.nustarenergy.com

Ranks among highest-scoring businesses with standout employee engagement, development opportunities and collaboration

MINNEAPOLIS--(BUSINESS WIRE)--#insiderrisk--Code42, the Insider Risk Management leader, has been named to Inc. magazine’s annual list of the Best Workplaces for the second year in a row. Hitting newsstands May 18 in the May/June 2021 issue, and as part of a prominent Inc.com feature, the list is the result of a wide-ranging and comprehensive measurement of American companies that have created exceptional workplaces and company culture whether teams are operating in person or remotely.

Code42 is a cybersecurity company based in Minneapolis. Employee feedback on the Inc. Best Workplaces survey ranked Code42 highly for employee engagement, development opportunities and collaboration. Diversity, equity and inclusion are at the forefront of Code42’s operation, with strategies for broadening talent pools, curating safe spaces for underrepresented groups and leading conversations important to diversifying its employee base, perspectives and contributions to the community. The company has initiatives that enrich employee communities, invest in employee mind and body wellness, enable technical collaboration and business operations, advance progressive thinking and innovation and promote transparent communications across all levels of the organization.

Collecting data from thousands of submissions, Inc. singled out 429 honorees this year. Each nominated company took part in an employee survey, conducted by Quantum Workplace, on topics including management effectiveness, perks, and fostering employee growth. The organization’s benefits were also audited to determine the company’s overall score and ranking.

“Like many businesses, this past year challenged us to rethink how we create a work environment where top talent, regardless of race, gender or age, can thrive and stay connected while working virtually," said Joe Payne, Code42’s president and CEO. "At Code42, we believe in the relentless pursuit of better and leaving the world a better place. To that end, this past year we expanded our affinity and philanthropy programs and added new DE&I initiatives. These types of programs are helping our employees grow professionally and personally through diversity of thought and a greater understanding and sense of empathy for their peers and larger communities. Being honored for the second year in a row on Inc.’s esteemed list of Best Workplaces, based on our employees’ feedback, validates we are taking the right actions.”

“The definition of a positive workplace has changed drastically over the past year,” says Inc. magazine editor-in-chief Scott Omelianuk. “Stocked fridges and nap pods were no longer perks many companies could rely on once work went remote. So, this year’s list is even more important as it reveals organizations that continue to enrich the lives of its employees amid a pandemic.”

About Code42

Code42 is the Insider Risk Management leader. Native to the cloud, the Code42^® Incyd^™ solution rapidly detects data loss, leak, theft and sabotage as well as speeds incident response – all without lengthy deployments, complex policy management or blocking employee productivity. With Code42, security professionals can protect corporate data and reduce insider threats while fostering an open and collaborative culture for employees. Backed by security best practices and control requirements, Code42’s insider risk solution can be configured for GDPR, HIPAA, PCI and other regulatory frameworks.

More than 50,000 organizations worldwide, including the most recognized brands in business and education, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity and Split Rock Partners. Code42 was recognized by Inc. magazine as one of America’s best workplaces in 2020. For more information, visit code42.com.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

About Quantum Workplace

Quantum Workplace, based in Omaha, Nebraska, is an HR technology company that serves organizations through employee-engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit QuantumWorkplace.com.

© 2021 Code42 Software, Inc. All rights reserved. Code42, the Code42 logo and Incydr are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries. All other marks are properties of their respective owners.

Kristin McKenzie
Public Relations Principal, Code42
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844-333-4242

TULSA, Okla.--(BUSINESS WIRE)--Today, Cypress Environmental Partners, L.P., (NYSE: CELP) (“Cypress”) reported its financial results for the three months ended March 31, 2021.

HIGHLIGHTS

• Cypress reduced debt by $20.2 million during the first quarter of 2021.
• Net loss attributable to common unitholders of $3.7 million for the three months ended March 31, 2021.
• Adjusted EBITDA of ($0.8 million) for the three months ended March 31, 2021.
• Distributable cash flow (DCF) of ($3.1 million) for the three months ended March 31, 2021.
• Our common unit and preferred unit distributions remain suspended as we focus on reducing debt.
• Received first award for inspection services on non-energy municipal infrastructure.

(1) This press release includes the following financial measures not presented in accordance with U.S. generally accepted accounting principles, or GAAP: adjusted EBITDA, adjusted EBITDA attributable to limited partners, and distributable cash flow. Each such non-GAAP financial measure is defined below under “Non-GAAP Financial Information”, and each is reconciled to its most directly comparable GAAP financial measure in schedules at the end of this press release.

CEO'S PERSPECTIVE

“The operating results for the quarter were both disappointing and unacceptable. During the quarter we took additional measures to reduce our costs with an additional reduction in workforce and furloughs. The COVID-19 global pandemic has had a profound impact on our customers, and in turn us. As commodity prices have continued to improve with WTI crude oil approaching $65 per barrel, we are seeing our customers resume spending on inspection services that were deferred and we have seen some nominal growth in the number of inspectors deployed. The first and fourth quarters are typically our slower quarters each year. I continue to be proud of how our employees have handled the challenges in the field and the work from home environment. We have re-opened our regional field offices, and we are re-opening our headquarters this month,” said Peter C. Boylan III, Chairman, President, and CEO. “Our sales efforts are beginning to show some promising results with some exciting wins with new municipal (City or County) customers inspecting non-energy public assets. We made $20.2 million of payments during the quarter to reduce the balance on our revolving credit facility to $41.8 million at March 31, 2021. We are significantly restricted on our ability to make cash distributions on our common and preferred units during this renewal term. An affiliate of our general partner has graciously agreed to suspend his right to receive distributions on his preferred equity until we reduce our leverage.”

“We continue our diversification efforts to offer our inspection services to other industries, including municipal infrastructure, water, sewer, electrical transmission, bridge infrastructure, and renewables (such as wind, solar, and hydroelectric). We have begun bidding on inspection opportunities in these new markets and have won a nice multi-year new contract, and have several other bids pending. Strategically, over time we hope to have the majority of our inspection revenue coming from these new segments. We still serve less than 10% of the energy market and continue to focus on winning new customers. We also continue to make meaningful progress winning new business with public utilities that provide natural gas to consumers and businesses.”

SEGMENT UPDATE

Inspection Services

• During the first quarter Cypress had an average headcount of 447 inspectors working throughout the United States. Although several large projects that had been previously awarded were cancelled in 2020 with the economic downturn, Cypress continues to bid and win new work. Headcount in early 2021 has remained low, as customers continue to evaluate their spending plans. The monthly average inspector headcount reached a low of 436 in January 2021 and increased to 459 in March 2021. Cypress expects to see headcount increase in the coming months.
• Cypress continues to aggressively pursue organic business development (despite the work-from-home environment that has precluded in person meetings with customers) and has successfully been awarded some new customer contracts and has renewed existing contracts.
• Legal expenses in the quarter were $0.6 million defending various Fair Labor Standards Act litigation matters.

Pipeline & Process Services (“PPS”)

• Activity slowed toward the end of 2020 and continues to be slow, as many projects that began prior to the pandemic were completed earlier in 2020. The PPS segment implemented substantial salary reductions, furloughs, and reductions-in-force in the first quarter 2021. Revenues reached a low of less than $0.1 million in January and February 2021 and increased to $0.3 million in March 2021.
• Bid activity has recently increased after a very slow start in 2021. However, the backlog remains weak.

Water & Environmental Services (“Environmental Services”)

• Cypress’s water treatment facilities generally receive more water when its customers’ oil production increases from the completion of new oil wells in North Dakota. Fifteen drilling rigs are currently operating in North Dakota, an increase of approximately 36% compared to only eleven at the end of 2020. This compares to 53 rigs in February 2020, prior to the COVID-19 pandemic. The volume of water processed reached a low of 0.4 million barrels in February 2021 and increased to 0.5 million barrels in March 2021.
• The pending Dakota Access Pipeline decision in a Federal lawsuit remains a major overhang in North Dakota.
• Several North Dakota customers have recently divested their assets to new buyers that may have a stronger interest in expanding their production.

COMMON UNIT & PREFERRED UNIT DISTRIBUTIONS

In July 2020, Cypress announced that it had temporarily suspended common unit distributions. Cypress’s credit facility, as amended in March 2021, contains significant restrictions on the payment of distributions. As a result, Cypress does not expect to pay significant distributions in the near term; instead, Cypress expects to continue to use available cash to pay down debt and for working capital needs. An affiliate of the General Partner of Cypress also agreed to suspend the distribution payment to which he is entitled on his preferred units.

FIRST QUARTER 2021 OPERATING RESULTS BY BUSINESS SEGMENT

Inspection Services

The Inspection Services segment’s results for the three months ended March 31, 2021 and 2020 were:

• Revenue - $25.5 million and $63.9 million, respectively, a decrease of 60%.
• Gross Margin - $2.6 million and $6.4 million, respectively, a decrease of 59%.

Pipeline & Process Services (“PPS”)

The PPS segment’s results for the three months ended March 31, 2021 and 2020 were:

• Revenue - $0.3 million and $2.9 million, respectively, a decrease of 89%.
• Gross Margin – ($0.5 million) and $0.6 million, respectively, a decrease of 189%.

Water & Environmental Services (“Environmental Services”)

The Environmental Services segment’s results for the three months ended March 31, 2021 and 2020 were:

• Revenue - $1.2 million and $1.7 million, respectively, a decrease of 30%.
• Gross Margin - $0.8 million and $1.0 million, respectively, a decrease of 25%.

CAPITALIZATION, LIQUIDITY, AND FINANCING

Cypress had outstanding borrowings of $41.8 million on its credit facility and cash and cash equivalents of $5.3 million at March 31, 2021. In March 2021, Cypress reached agreement with the lenders to modify and extend the maturity of the credit agreement to May 31, 2022. The total capacity on the amended credit facility is $75.0 million. The amendment increased the allowable gross leverage ratio to 6.0x at March 31, 2021, 5.3x at June 30, 2021, and 4.5x at September 30, 2021. The maximum leverage ratio returns to 4.0x at December 31, 2021. Cypress had a gross leverage ratio of 5.2x at March 31, 2021.

CAPITAL EXPENDITURES

During the quarter, Cypress had $0.1 million in maintenance capital expenditures and no expansion capital expenditures, which are reflective of an attractive business model that requires minimal capital expenditures.

QUARTERLY REPORT

Cypress filed its quarterly report on Form 10-Q for the three months ended March 31, 2021 with the Securities and Exchange Commission today. Cypress will also post a copy of the Form 10-Q on its website at www.cypressenvironmental.biz.

NON-GAAP FINANCIAL INFORMATION

This press release and the accompanying financial schedules include the following non-GAAP financial measures: adjusted EBITDA, adjusted EBITDA attributable to limited partners, and distributable cash flow. The accompanying schedules provide reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures. Cypress's non-GAAP financial measures should not be considered in isolation or as an alternative to its financial measures presented in accordance with GAAP, including revenues, net income or loss attributable to limited partners, net cash provided by or used in operating activities, or any other measure of liquidity or financial performance presented in accordance with GAAP as a measure of operating performance, liquidity, or ability to service debt obligations and make cash distributions to unitholders. The non-GAAP financial measures presented by Cypress may not be comparable to similarly-titled measures of other entities because other entities may not calculate their measures in the same manner.

Cypress defines adjusted EBITDA as net income or loss exclusive of (i) interest expense, (ii) depreciation, amortization, and accretion expense, (iii) income tax expense or benefit, (iv) equity-based compensation expense, (v) and certain other unusual or nonrecurring items. Cypress defines adjusted EBITDA attributable to limited partners as adjusted EBITDA exclusive of amounts attributable to the general partner and to noncontrolling interests. Cypress defines distributable cash flow as adjusted EBITDA attributable to limited partners less cash interest paid, cash income taxes paid, maintenance capital expenditures, and cash distributions paid or accrued on preferred equity. Management believes these measures provide investors meaningful insight into results from ongoing operations.

These non-GAAP financial measures are used as supplemental liquidity and performance measures by Cypress's management and by external users of its financial statements, such as investors, banks, and others to assess:

• financial performance of Cypress without regard to financing methods, capital structure or historical cost basis of assets;
• Cypress's operating performance and return on capital as compared to those of other companies, without regard to financing methods or capital structure; and
• the ability of Cypress's businesses to generate sufficient cash to pay interest costs, support its indebtedness, and make cash distributions to its unitholders.

ABOUT CYPRESS ENVIRONMENTAL PARTNERS, L.P.

Cypress Environmental Partners, L.P. is a master limited partnership that provides essential environmental services to the energy and utility industries, including pipeline & infrastructure inspection, nondestructive examination testing, various integrity services, and pipeline & process services throughout the United States. Cypress also provides environmental services to upstream and midstream energy companies and their vendors in North Dakota, including water treatment, hydrocarbon recovery, and disposal into EPA Class II injection wells to protect our groundwater. Cypress works closely with its customers to help them protect people, property, and the environment, and to assist their compliance with increasingly complex and strict rules and regulations. Cypress is headquartered in Tulsa, Oklahoma.

CAUTIONARY STATEMENTS

This press release may contain or incorporate by reference forward-looking statements as defined under the federal securities laws regarding Cypress Environmental Partners, L.P., including projections, estimates, forecasts, plans and objectives. Although management believes that expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. In addition, these statements are subject to certain risks, uncertainties and other assumptions that are difficult to predict and may be beyond Cypress's control. If any of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, Cypress's actual results may vary materially from what management forecasted, anticipated, estimated, projected or expected.

The key risk factors that may have a direct bearing on Cypress's results of operations and financial condition are described in detail in the "Risk Factors" section of Cypress's most recently filed annual report and subsequently filed quarterly reports with the Securities and Exchange Commission. Investors are encouraged to closely consider the disclosures and risk factors contained in Cypress's annual and quarterly reports filed from time to time with the Securities and Exchange Commission. The forward-looking statements contained herein speak as of the date of this announcement. Cypress undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Information contained in this press release is unaudited and subject to change.

Investors or Analysts:
Cypress Environmental Partners, L.P. - Jeff Herbers – Vice President & Chief Financial Officer
This email address is being protected from spambots. You need JavaScript enabled to view it. or 918-947-5730

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems and materials, today announced its first quarter 2021 financial results.

As a result of the COVID-19 pandemic, CVD’s new order bookings substantially decreased commencing in the first quarter of 2020, which reduced revenues in subsequent quarters, resulting in CVD first quarter 2021 revenue of $3.4 million as compared to $6.0 million in the (Pre COVID-19 pandemic) first quarter of 2020, a decrease of $2.6 million or 44.3%. This reduction in sales and resultant lower gross profit negatively affected CVD’s net income in the first quarter of 2021. Net loss for the first quarter 2021 was $1.5 million, or $0.23 per diluted share, as compared to a net income of $1.7 million or $.25 per diluted share in the first quarter of 2020. During the first quarter of 2020, CVD was favorably impacted by the CARES Act which allowed for the carryback of NOLS and resulted in CVD recognizing $1.5 million of an income tax benefit.

As compared to the fourth quarter 2020, CVD’s revenue in the first quarter of 2021 increased $.2 million, and the net loss decreased by $.2 million, as compared to the net loss in the fourth quarter of 2020 of $1.7 million (exclusive of the impairment charge of $3.6 million related to CVD’s Tantaline product line).

Thomas McNeill, Chief Financial Officer, said “In order to increase our liquidity and to provide necessary working capital to support our on-going business and operations, we have decided to sell our facility located at 555 North Research Place, Central Islip, NY, and on March 29, 2021 we entered into an agreement to sell this building for a purchase price of $24,360,000, subject to the satisfaction or waiver of certain conditions to closing or contingencies, which have now been satisfied. A portion of the sale proceeds would be used to satisfy the existing mortgage debt of approximately $9.2 million at March 31, 2021, and to pay various transaction-related costs in an amount to be determined. The excess proceeds will be used for general working capital purposes. On or about May 23, 2021, the buyer may advise us of any requirement to extend the closing date up to 60 days thereafter, which will also require an additional escrow amount of $1.2 million.

“The Company’s backlog at March 31, 2021 improved by $.3 million to $6.0 million, as compared to $5.7 million at December 31, 2020. Since the first quarter of 2020 the Company continues to experience significant negative effects due to the COVID-19 pandemic including reductions of new orders. The Company’s order activity has improved both in the quarter ended March 31, 2021 and into Q2 2021, and its longer term improvements are expected to be benefited by the anticipated slow recovery in the Aerospace markets which industry reports indicate improvements into 2022-2023.”

As previously announced, the Company’s majority of the Board of Directors proceeded to change the direction of the company. In late January under the leadership of the Company’s newly appointed President and Chief Executive Officer Emmanuel Lakios, the Company embarked on an evaluation of our business by market and product segments. This analysis is based on market growth, cash generation and over all return on investment, which confirmed that the equipment systems and production spares are the core elements of the Company’s business.

Mr. Lakios said, “As we exit 2020 a year of unchartered waters for the global economy due to the COVID-19 pandemic, we see signs of improvement in our served markets. Our largest served market, Aerospace, show signs of the start of a recovery with industry announcements indicating that long haul travel will increase starting in 2021 causing demand for increased airplane seat capacity in 2022. We believe this will directly impact our CVD equipment business. It is our intent to have a philosophy of customer focus and partnership with each customer. In this way we will have insight and the ability to add value in the cause of increasing our market presence in Aerospace, biomedical, and carbon-based products.

“We stated previously that our focus will be on utilizing our dedicated staff and 38 years of developed technology for increasing production end use applications, to provide more value and maturity of our products, bringing more support and value to our customers and the ability for improving our gross margins.

“With respect to our 555 Building, which we previously determined is not needed for present and future business operations, in April 2021 we have completed the move of our Tantaline USA product line to our 355 Building, while all functions of the Tantaline product line have been consolidated into the Denmark office and the United States expenses related to Tantaline have ceased. Our MesoScribe operations move has commenced and is expected to be completed by the end of June 2021.

“Our Tantaline product line, which was acquired in 2016, has been consolidated both operationally as well as sales management into our Denmark operations. Our evaluation is that the Denmark facility currently has ample production capacity and that our analysis that the USA Tantaline facility and operations were not required to serve the Tantaline market was correct. Our objective continues to have the Tantaline product line be cash neutral and to minimize any further investment requirement. We will continue to evaluate the viability of the Tantaline product line over the quarters to come.

“In the same process we continue to evaluate all the segments of our business for growth, profitability and cash generation. We look forward to our annual shareholder meeting in mid-July and we will continue to communicate on important developments in the meanwhile.”

The Company will hold a conference call to discuss its results today at 4:30 pm (Eastern Time). To participate in the live conference call, please dial toll free (877) 407-2991 or International (201) 389-0925. A telephone replay will be available for 7 days following the call. To access the replay, dial (877) 660-6853 or international (201) 612-7415. The replay passcode is 13719642. A live and archived webcast of the call is also available on the company’s website at www.cvdequipment.com/events.

About CVD Equipment Corporation

CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and manufactures a broad range of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. This equipment is used by its customers to research, design, and manufacture these materials or coatings for aerospace engine components, medical implants, semiconductors, solar cells, smart glass, carbon nanotubes, nanowires, LEDs, MEMS, and other applications. Through its application laboratory, the Company provides process development support and process startup assistance with the focus on enabling tomorrow’s technologies™. It’s wholly owned subsidiary CVD Materials Corporation provides advanced materials and metal surface treatments and coatings to serve demanding applications in the electronic, biomedical, petroleum, pharmaceutical, and many other industrial markets.

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by CVD Equipment Corporation) contains statements that are forward-looking. All statements other than statements of historical fact are hereby identified as “forward-looking statements, “as such term is defined in Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking information involves a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed or anticipated by management. Potential risks and uncertainties include, among other factors, market and business conditions, the COVID-19 pandemic, the success of CVD Equipment Corporation’s growth and sales strategies, the possibility of customer changes in delivery schedules, cancellation of, or failure to receive orders, potential delays in product shipments, delays in obtaining inventory parts from suppliers and failure to satisfy customer acceptance requirements. Past performance in not a guaranty of future results.

CVD earnings release should be read in conjunction with the Company’s filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for fiscal year ended December 31, 2020

Thomas McNeill
Phone: (631) 981-7081
Fax: (631) 981-7095
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "Freightstat Seasonal and Forecast Report" report has been added to ResearchAndMarkets.com's offering.

The freight report (and associated spreadsheet) shows seasonally adjusted total freight data for the main ferry routes based on the monthly figures generated by IRN's monthly freight survey (Freightstat). Data is shown for total freight units for the UK-Continental (Short sea and Western Channel) and UK-Ireland (Northern, Central, and Southern).

Data tables are supported by Figures showing the reported, seasonally adjust and trend data. the report shows forecasts for freight for the above routes for the coming 12 months on a monthly basis, with data tables supported by Figure showing the forecast mid-estimates and the upper and lower bounds of the forecasts.

The report is published quarterly: January (data to December), May (data to April), July (data to June) and October (data to September).

Key Topics Covered:

1. Introduction

2. Latest Trends

3. Forecasts

For more information about this report visit https://www.researchandmarkets.com/r/ejo16

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
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HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that Jonathan Stein, Chief Financial Officer, and Jennifer Gordon, Vice President, Investor Relations, will meet with investors on May 19-20, 2021 at the EIC Investor Conference.

A presentation has been posted in the “Investors” section of the Hess Midstream website at www.hessmidstream.com.

About Hess Midstream

Hess Midstream is a fee-based, growth-oriented, midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess and third-party customers. Hess Midstream owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. More information is available at www.hessmidstream.com.

Forward Looking Statements

This press release may include forward-looking statements within the meaning of the federal securities laws. Generally, the words “anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,” “may,” “should,” “believe,” “intend,” “project,” “plan,” “predict,” “will” and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results and current projections or expectations. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the filings made by Hess Midstream with the U.S. Securities and Exchange Commission, which are available to the public. Hess Midstream undertakes no obligation to, and does not intend to, update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Investor:
Jennifer Gordon
(212) 536-8244

Media:
Robert Young
(713) 496-6076

Eco-Forward Blockchain Companies To Support CCA Through Implementation of Carbon-Neutral Initiatives and CCA Green Hash Rate Working Group

OTTAWA, Ontario--(BUSINESS WIRE)--Argo Blockchain Plc (LSE: ARB) (OTCQX US: ARBKF), a UK-based global cryptocurrency mining company, and DMG Blockchain Solutions Inc. (OTCQB US: DMGGF), a vertically integrated blockchain and cryptocurrency technology company, today announced their partnership with the Crypto Climate Accord (CCA) to promote the decarbonization of the cryptocurrency industry. Alongside the CCA, Argo and DMG are developing a new working group to more clearly outline the accord’s objectives while deploying new technologies that increase the transparency of the renewable energy sourcing of crypto mining.

Argo and DMG, both industry leaders in the development of clean mining, have worked with the CCA to ensure the accord's objectives promote meaningful impact in reducing overall emissions for the crypto industry. The companies worked to align their goals and objectives with the CCA while enhancing current protocols, demonstrating a commitment to environmental stewardship.

Bitcoin miners around the world currently account for up to an estimated 0.5% of global power usage. There is a crucial opportunity to decarbonize that growing power usage. In April of this year, founding members of the Crypto Climate Accord, a private sector-led initiative, committed to powering the cryptocurrency industry with 100% renewable energy.

“The Crypto Climate Accord helps lay the groundwork for real, tangible action to address Bitcoin mining’s impact on the environment and we are both eager and determined to ensure that Supporters and Signatories remain committed to the group’s goals,” said Peter Wall, CEO of Argo Blockchain.

“Since our inception, DMG has been committed to transparency and good governance,” said Sheldon Bennett, CEO of DMG Blockchain Solutions. “Partnering with the Crypto Climate Accord alongside Argo allows us to apply those values to put us on a path to become a more sustainable industry. Together, we can put the wheels in motion to transition the cryptocurrency industry into one that focuses on renewable energy.”

In an effort to decarbonize the global crypto industry by prioritizing climate stewardship and creating the opportunity for the entire crypto industry’s transition to net-zero greenhouse gas emissions by 2040, the CCA has outlined the following objectives:

• Achieve net-zero emissions from electricity consumption for CCA Signatories by 2030.
• Develop standards, tools, and technologies with CCA Supporters to accelerate the adoption of and verification of progress toward 100% renewably-powered blockchains by the 2025 UNFCCC COP30 conference.

“We are ready to roll up our sleeves and begin developing new solutions in support of the CCA,” said Jesse Morris, Chief Commercial Officer at Energy Web. “Based on early industry feedback about the CCA, we know that this green hash rate solution is critical to help individual mining facilities prove their use of renewables and the industry as a whole to set an example for other industries to follow. We look forward to working closely with Argo Blockchain, DMG, and other CCA Supporters to develop this solution and introduce it to the market as quickly as possible.”

With Argo Blockchain, DMG, and over 40 organizations on board - including 20 prominent cryptocurrency organizations - the CCA is on a path to achieve the stated objectives through the promotion and use of renewable energy solutions. The CCA invites subject matter experts, and others in the space to sign onto and aid in the implementation of the working group.

###

About Argo Blockchain Plc

Argo Blockchain plc is a global leader in cryptocurrency mining with one of the largest and most efficient operations powered by clean energy. The Company is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB and on the OTCQX Best Market in the United States under the ticker: ARBKF.

For more information on Argo Blockchain visit: www.argoblockchain.com

About DMG Blockchain Solutions Inc.

DMG is an environmentally friendly vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG’s sustainable businesses are segmented into three main divisions: data centre operations, data analytics and forensics and developing enterprise blockchains. DMG’s non-polluting data centre operations focus on earning eco-friendly revenues from block rewards and transaction fees by mining primarily bitcoin as well as providing hosting services for industrial mining clients entirely powered by renewable energy. DMG’s data analytics and forensic services provide technical expertise software products such as Blockseer Pool, Mine Manager and Walletscore, as well as working with auditors, law firms, and law enforcement organizations. DMG’s permissioned blockchain technology is focused on developing enterprise software for the supply chain management of controlled products. DMG’s strategy is to become the domain experts across the business verticals it focuses on. DMG’s environmentally committed management team includes seasoned crypto experts, forensic & financial professionals and blockchain developers with deep relationships throughout the industry and a strong ecological consciousness.

Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hashrate may materially affect the future performance of DMG’s production of Bitcoin, and future operational results could also be materially affected by the price of Bitcoin and an increase in hashrate mining difficulty.

For more information on DMG Blockchain Solutions visit: www.dmgblockchain.com

On behalf of the Board of Directors,
Sheldon Bennett, CEO, COO & Director

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking information based on current expectations. Statements about the Company’s plans for the establishment of this new Pool and related definitive agreements, expectations, benefits and outcomes of this new Pool, the planned DCMNA, plans and goals to increase petahash (PH) by self-mining in 2021 and beyond, price of bitcoin, plans and intentions, other potential transactions, acquisition of customers, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG’s bitcoins; DMG’s relationships with its customers, distributors and business partners; the inability to add more power to DMG’s facilities; DMG’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

The securities of DMG are considered highly speculative due to the nature of DMG’s business.

Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoins from DMG or its customers or from this new Pool, consumer sentiment towards DMG’s products, services and blockchain technology generally, decrease in the price of Bitcoin and other cryptocurrencies, failure to develop new and innovative products, litigation, increase in operating costs, increase in equipment and labor costs, failure of other Bitcoin mining companies to join this new Pool, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by third parties in respect of the matters discussed above.

Argo Blockchain plc
North America
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Tel: +1-212-835-2511

Europe
Salamander Davoudi
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Tel: +44 7957 549 906

Emma Valgimigli
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Tel: +44 7727 180 873

DMG Blockchain Solutions Inc.
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Web: www.dmgblockchain.com

For Media Inquiries:
Jules Abraham, Head of Public Relations
CORE
IR
917-885-7378
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Investor Relations Contact:
CORE IR 516-222-2560

EWING, N.J.--(BUSINESS WIRE)--$OLED #DisplayWeek2021--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED^® technology and materials, today announced its participation in the following virtual investor and industry conferences.

Investor Conferences:

Cowen and Company’s 49th Annual Technology, Media & Telecom Conference
Date: June 1, 2021
Presentation Time: 1:50 PM ET*
Location: Virtual
Presenter: Sidney Rosenblatt, Executive Vice President and CFO

Evercore ISI’s Inaugural Technology, Media & Telecom Conference
Date: June 8, 2021
Presentation Time: 8:45 AM ET*
Location: Virtual
Presenter: Sidney Rosenblatt, Executive Vice President and CFO

*A live and archived audio webcast of the investor presentations will be available on the events page of the Company's Investor Relations website at ir.oled.com.

Industry Conferences:

SID Display Week 2021
Date: May 17-21, 2021
Location: Virtual

Presenter: Dr. Nicholas Thompson, Senior R&D Manager
Presentation: Increasing OLED Stability: Plasmonic PHOLED

Presenter: Dr. Zhiqiang Ji, Senior Research Scientist
Presentation: Highly Efficient Near-Infrared Phosphorescent OLEDs

Presenter: Dr. Mike Hack, Vice President of Business Development
Presentation: High-Color-Gamut OLED Displays with Reduced Power Consumption for Laptop Applications (UDC/Intel joint paper)

International Conference on Display Technology (ICDT) 2021
Date: May 30-June 2, 2021
Location: Virtual/Beijing, China
Presenter: Dr. Nicholas Thompson, Senior R&D Manager
Presentation: Increasing OLED Stability: Plasmonic PHOLED

TechBlick: Innovations & Market Trends In Displays & Lighting
Date: July 14-15, 2021
Location: Virtual
Presenter: Dr. Mike Hack, Vice President of Business Development
Presentation: Phosphorescent OLEDs for Next Generation Products

SPIE Optics + Photonics 2021
Date: August 1-5, 2021
Location: Virtual/San Diego, CA
Presenter: Dr. Nicholas Thompson, Senior R&D Manager
Presentation: Increasing OLED Stability: Plasmonic PHOLED

About Universal Display Corporation
Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 5,000 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit https://oled.com/.

Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.

All statements in this document that are not historical, such as those relating to the Company’s technologies and potential applications of those technologies, the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled “Risk Factors” in Universal Display Corporation’s Annual Report on Form 10-K for the year ended December 31, 2020. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.

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Universal Display Contact:
Darice Liu
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+1 609-964-5123

NuScale Power and Prodigy Clean Energy agree to work together to advance their technologies as a baseload clean energy solution for coastal locations and island nations

PORTLAND, Ore.--(BUSINESS WIRE)--Today, NuScale Power and Prodigy Clean Energy, a Canadian company that designs and develops marine nuclear plants for safe, affordable and sustainable energy generation, announced a second Memorandum of Understanding (MOU) to support business development opportunities for a marine-deployed nuclear generating station powered by the NuScale Small Modular Reactor (SMR). NuScale Power and Prodigy Clean Energy have been collaborating since 2018, investigating the feasibility of integrating NuScale Power Modules™ (NPMs) into Prodigy’s Marine Power Station and have completed the conceptual design and economic assessment phases.

“NuScale is a world leader in SMR technology and is excited to continue working with Canadian-based Prodigy on exploring deployment possibilities with our NPMs in a marine environment,” said John Hopkins, NuScale Power Chairman and Chief Executive Officer. “Bringing our safe, scalable SMR design together with Prodigy’s Marine Power Stations has the potential to better meet the growing demand for affordable, carbon-free power worldwide, including remote coastal locations and island nations.”

Prodigy specializes in integrating commercial SMRs into marine power plant systems for coastal power generation. Prodigy’s SMR Marine Power Station would be shipyard-fabricated, and marine-transported to its deployment location, where it would be moored in place in sheltered and protected waters at the shoreline. Once berthed, the plant would be connected to the existing shore-side transmission system, avoiding the significant capital costs associated with terrestrial nuclear power plant deployments.

Prodigy’s Marine Power Station coupled with fully factory fabricated NuScale Power Modules™ will offer a turnkey clean energy solution for customers that is safer, more affordable, mobile, and flexible. This translates to lower costs and shorter schedules in comparison to land-based deployments.

“We look forward to our continued work with NuScale Power to integrate their flexible, proven and advanced SMR technology into Prodigy’s marine plant system,” said Mathias Trojer, Prodigy Clean Energy Chief Executive Officer. “Our combined technologies can generate scalable clean energy at any coastal location. Together, we will rapidly expand the accessibility of safe, zero-emissions, and reliable energy globally, as well as to locations right here in Canada.”

NuScale’s SMR made history in August 2020 as the first and only design to ever receive approval from the U.S. Nuclear Regulatory Commission and NuScale maintains strong momentum towards the commercialization of its SMR technology by the end of this decade. NuScale and Fluor are currently working for Utah Associated Municipal Power Systems (UAMPS) to bring the world’s first clean energy, carbon-free SMR project to commercialization.

​About NuScale Power

NuScale Power has developed a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, and other process heat applications. This groundbreaking small modular reactor (SMR) design features a fully factory-fabricated NuScale Power Module™ capable of generating 77 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor technology. NuScale's scalable design—power plants that can house up to four, six, or 12 individual power modules—offers the benefits of carbon-free energy and reduces the financial commitments associated with gigawatt-sized nuclear facilities. The majority investor in NuScale is Fluor Corporation, a global engineering, procurement, and construction company with a 70-year history in commercial nuclear power.

NuScale is headquartered in Portland, OR, and has offices in Corvallis, OR; Rockville, MD; Charlotte, NC; Richland, WA; and London, UK. Follow us on Twitter: @NuScale_Power, Facebook: NuScale Power, LLC, LinkedIn: NuScale-Power, and Instagram: nuscale_power. Visit NuScale Power’s website.

Diane Hughes, Vice President, Marketing & Communications, NuScale Power
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(C) (503)-270-9329

EWING, N.J.--(BUSINESS WIRE)--$OLED #DisplayWeek2021--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED^® technology and materials, today announced that the Company will present at the Society for Information Display (SID) Display Week 2021 International Symposium, Seminar and Exhibition being held virtually May 17-21.

“We are excited to be share some of the next generation platform technology developments in our groundbreaking Plasmonic OLED architecture and new class of near-infrared PHOLEDs at SID Display Week. In addition, we are pleased to present a joint paper with Intel Corporation on energy-efficient OLED displays for laptops,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. “Innovation and invention are at the core of UDC and we are continuing to broaden our R&D programs and bolster our product development engine. Building on and expanding our pioneering work and core competencies is part of our long-term roadmap to further enable the OLED ecosystem with leading-edge technologies and best-in-class materials.”

This year SID's Symposium will include a variety of technical events, including:

• Session 20.1: In an invited paper titled, “Increasing OLED Stability: Plasmonic PHOLED,” Dr. Nicholas Thompson of Universal Display Corporation will introduce a new organic light-emitting device in which phosphorescent emitters are intentionally coupled to the contact's surface plasmon mode. This achieves a decay rate enhancement and, with subsequent conversion of the energy to photons in free space, realizes net gains in efficiency and stability.

• Session 21.4: In an invited paper titled, “Highly Efficient Near-Infrared Phosphorescent OLEDs,” Dr. Zhiqiang Ji of Universal Display Corporation will report on PHOLED performance with an emission peak wavelength at ~800 nm (FWHM=65 nm and PLQY=0.36) with a maximum EQE (EQEmax) of 9.7%, and an EQE of 8.8% at 10 mA/cm². Its narrow electroluminescence spectrum resulted in more than 83% and 97% of emission above 780 nm and 750 nm, respectively.

• Session 24.3: In a co-authored paper with Intel titled, “High-Color-Gamut OLED Displays with Reduced Power Consumption for Laptop Applications,” Dr. Mike Hack of Universal Display Corporation will show that higher color-gamut OLED displays lead to less power consumption compared to LCDs, thereby enabling higher-performance displays for laptops. Based on Intel’s day-in-life usage model, DCI-P3 and 97% BT2020 color profiles will deliver 13% and 18% power improvement for OLEDs compared with LCDs.

• Session 23: OLED Displays I, where Dr. Nicholas Thompson of Universal Display Corporation will be the Session Co-Chair.

• Session 25: OLED Material and Device Simulation, where Dr. Nicholas Thompson of Universal Display Corporation will be the Session Chair.

About Universal Display Corporation

Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 5,000 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit https://oled.com/.

Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.

All statements in this document that are not historical, such as those relating to the Company’s technologies and potential applications of those technologies, the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled “Risk Factors” in Universal Display Corporation’s Annual Report on Form 10-K for the year ended December 31, 2020. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.

Follow Universal Display Corporation

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Universal Display Contact:
Darice Liu
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+1 609-964-5123

VALLEY FORGE, Pa.--(BUSINESS WIRE)--#BIDE--UGI Corporation (NYSE: UGI) announced today the release of its third Environmental, Social and Governance (“ESG”) report titled, The Foundation of a Renewable Energy Future. The ESG report is available on UGI’s ESG website at (https://ugiesg.com/620-2/). The report highlights UGI’s commitment to be a leader in the renewable energy space by providing energy solutions that are sustainable, reliable, and affordable. UGI has recently committed to reducing its Scope I (direct) emissions by 55% over the next 5 years¹ on its path to align with international efforts to reduce carbon emissions as outlined in the Paris Climate Accord. UGI will reduce its emissions by investing in infrastructure and technology that lowers methane and greenhouse gas (“GHG”) emissions, incorporating low or zero carbon alternatives energy solutions such as compressed natural gas (“CNG”), renewable natural gas (“RNG”), and bio-Gas into our supply portfolio, transitioning our fleet to lower carbon solutions, and the sale of non-core assets such as Conemaugh.

At UGI, safety is not only our top priority, it is one of our core values and a way of life for us. UGI believes the achievement of superior safety performance is an important short- and long-term strategic initiative. We are proud to announce that we have established two safety goals that we will report on annually, as part of our ESG report:

• 35% Reduction in Total Recordable Injuries by 2025^2,3 (Per 200,000 hours; 2017 baseline)
• 50% Reduction in Accountable Vehicle Incidents (“AVI”) by 2025^{4, 5,6} (Per 1,000,000 miles; 2017 baseline)

UGI embraces the diversity and uniqueness of individuals and cultures and the varied perspectives they provide. In alignment with UGI’s values to promote diversity, the Company recently created the Belonging, Inclusion, Diversity, & Equity (“BIDE”) Initiative, which provides the blueprint for achieving greater diversity of gender, race, culture, experience and thought throughout the organization. As part of BIDE, UGI employees established Black Organizational Leadership & Development (“BOLD”), an employee resource group that is focused on inclusion, equity, education, and empowerment for black employees and their allies through professional development opportunities created through mentorships and networking events. We recognize that our success depends upon the commitment and capabilities of a diverse and inclusive workforce, therefore, beginning in Fiscal 2021, UGI will include a diversity and inclusion goal as a component of its executives’ target annual bonus award opportunity.

UGI has a long history of strengthening the communities we serve both by providing financial assistance and supporting employee volunteer efforts. UGI employees continued this tradition of community support by donating over 37,000 hours to community-based organizations and established new partnerships with the Urban Affairs Coalition and Big Brothers Big Sisters. In addition, UGI was recognized by the Philadelphia Business Journal as a winner of the 2020 Faces of Philanthropy Awards Program for its sponsorship with the Museum of the American Revolution’s citizenship program.

John L. Walsh, President and Chief Executive Officer of UGI Corporation said, “We are proud of the progress we have made on our ESG initiatives and the publication of our 3^rd ESG report. UGI is well positioned to become a leader in the future of renewable energy by providing energy solutions that are sustainable, reliable, and affordable. Our strategic asset network and proven competencies allow us to address growing customer demand, while our teams continue to work hard at identifying new opportunities within the renewable space. We are very proud to announce our ambitious target to lower our direct carbon emissions by 55% over the next five years and plan to provide insight into our evolving capital expenditure program that features increasing investments in renewable solutions.

“UGI remains equally focused on the social aspect of our commitments to shareholders. We are pleased with the progress we have made in our diversity and inclusion initiatives through the establishment of BIDE and BOLD. By fostering an environment that values diversity, we can leverage talent, unique perspectives, and varying employee experiences to ensure continued long-term success. UGI remains committed to providing enhanced disclosure and communicating our progress on key ESG initiatives, as we continue to provide value for our stakeholders.”

¹ Scope 1 emissions reduction target does not include emissions from the Mountaineer acquisition, which is expected to close in 2021. The emissions from the Pine Run acquisition, announced in February 2021, will be included in the baseline 2020 number as this investment will contribute to our five year goal. The 2020 base number also takes a 5-year emissions average from the Hunlock generation facility to account for year-over-year differences in run time.

²All domestic UGI companies use the OSHA definition for Total Recordable Injuries (“TRIR”). TRIR represents the number of work-related injuries or illness’s requiring medical treatment beyond first aid, per 200,000 hours.

³UGI International reports rates in accordance with the Industrial Management System guidelines. A TRIR represents a work-related recordable injury to an employee or hired staff that requires medical treatment beyond first aid, as well as one that causes death, or days away from work.

⁴UGI Utilities and UGI Energy Services use the American Gas Association definition for AVI, which defines an AVI as a reportable motor vehicle incident in which the driver failed to do everything that reasonably could have been done to avoid the incident.

⁵UGI International reports rates in accordance with the Industrial Management System guidelines. An AVI represents an incident that caused or contributed to, in whole or in part, by actions of the company driver or contractor driver, or an incident that could have been avoided by the company driver, using reasonable defensive driving measures, which resulted in injury or damage, either to the vehicle, or to the object struck, regardless of value.

⁶AmeriGas defines an AVI as any incident that could have been preventable.

About UGI Corporation

UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes LPG both domestically (through AmeriGas) and internationally (through UGI International), manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing, including renewable natural gas, in twelve states and the District of Columbia and internationally in France, Belgium, the Netherlands and the UK.

Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

Investor Relations
Tameka Morris, 610-456-6297
Arnab Mukherjee, 610-768-7498
Shelly Oates, 610-992-3202

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) Chief Financial Officer John Chandler and Chief Operating Officer Micheal Dunn are scheduled to participate in meetings with investors at the 2021 Energy Infrastructure Council Investor Conference in Las Vegas, Nevada on Thursday, May 20.

A fireside chat Q&A session with Dunn is scheduled for approximately 10:15 a.m. Pacific Time (12:15 p.m. Central Time). A link to the live webcast, as a well as a replay, will be available at https://investor.williams.com on May 20.

The presentation used during the investor meetings will be posted in the same location the morning of May 20.

About Williams

Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use.

MEDIA:
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(800) 945-8723

INVESTOR CONTACT:
Danilo Juvane
(918) 573-5075