HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Citi One-on-One Midstream and Energy Infrastructure Virtual Conference. The conference is being held virtually on August 18th and 19th.

The Partnership’s latest presentation materials are available and may be downloaded by visiting the Partnership’s website at www.genesisenergy.com under “Presentations” under the Investors tab.

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation and marine transportation. Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

Genesis Energy, L.P.
Ryan Sims
SVP – Finance and Corporate Development
(713) 860-2521

Laying a Foundation for the Future as ‘One Team’

ATLANTA--(BUSINESS WIRE)--Triniti Consulting is pleased to announce the successful April 2021 implementation of Oracle Utilities Customer to Meter (C2M) at ALLETE Inc, whose regulated utilities, Minnesota Power (MP) and Superior Water, Light and Power (SWL&P), provide electricity, gas, and water to 160,000 customers in Wisconsin and Minnesota. The project included upgrading ALLETE’s Oracle Utilities Customer Care and Billing (CC&B) and implementing the Customer to Meter solution. Triniti Consulting is a member of Oracle PartnerNetwork (OPN).

In order to move to the new solution, the team implemented the functional pivots to move functionality out of the Customer Care and Billing module and to the other modules of the Customer to Meter solution. In addition to following the Oracle Utilities design patterns for the solution, these pivots were important to provide ALLETE with the enhanced functionality of the other modules – such as field work orchestration and more robust usage calculations. As part of making these functional pivots and implementing the new modules, the implementation was designed to account for the unique regulatory and business needs of both MP and SWL&P.

This implementation was pivotal for ALLETE to unlock the potential of smart meters both to enhance the customer experience and improve billing accuracy and efficiency. In addition, customer and meter data that was stored in multiple locations has been streamlined into one centralized location, improving processes and accessibility. Lastly, Customer to Meter provides the foundational tools to continue modernizing the customer experience and allow for innovations with rates, programs, and services for ALLETE’s customers.

“The project started as a meter data management system in early 2016 and is now a single solution that will improve the way we interact with our customers, meters, data, and field work. It has been an amazing journey and a giant leap forward as we continue in our efforts to be recognized as the utility of choice,” said Robert Sandstrom, SWL&P President.

Frank Frederickson, Vice President Customer Experience, added, “Minnesota Power is a leader in the state with nearly 100% deployment of advanced metering infrastructure (AMI), which provides significant amounts of metering data that when coupled with our new Customer to Meter system, enables significant advancements in customer-focused rates and programs. These advancements are key for the utility of the future.”

ALLETE and Triniti worked as one integrated team to realize the business value from this implementation. This mentality became even more crucial when the pandemic meant everything had to be done remotely, even go-live.

Ken Voss, ALLETE Chief Technology Officer, shared his appreciation for the project team.

“Our guiding principles were focused around being ‘One Team’ where each person’s contributions were essential to reaching our common goal. Everyone embraced this value and the project team did an extraordinary job navigating and overcoming the challenges involved in remotely implementing this large and extremely complex project during a pandemic. They exemplified what it means to be a highly effective team. I am very impressed with and appreciative of their efforts to better position our company for the future,” he said.

To learn more about the success factors of this project or about Triniti Consulting, contact This email address is being protected from spambots. You need JavaScript enabled to view it.. Learn more about the Oracle customer solutions at: www.oracle.com/utilities

About ALLETE, Inc.

ALLETE (NYSE: ALE) is well-positioned as a reliable provider of competitively-priced energy in the upper Midwest, and invests in transmission infrastructure and other energy-centric businesses. ALLETE’s Minnesota Power electric utility serves 145,000 residents, 15 municipalities and some of the nation’s largest industrial customers. Other businesses include BNI Energy in North Dakota; ALLETE Clean Energy, a developer of energy projects with limited environmental impact; Superior Water, Light and Power in Superior, Wisconsin; and ALLETE Renewable Resources, which operates and maintains wind generation facilities in North Dakota.

About Triniti Consulting

Triniti Consulting is a woman-owned consultancy dedicated to delivering Oracle Utilities solutions faster, smarter, smoother, and through a thoughtful culture not found at any other firm. Triniti’s people have worked with over 100 domestic and international utilities, including the first implementation of Oracle Utilities SOM and C2M for complex billing. Triniti embraces true partnerships and a whole host of project management practices that emphasize ongoing knowledge transfer and empowerment throughout the life of a project. To learn more visit https://www.triniticonsulting.com.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service. To learn more visit: http://www.oracle.com/partnernetwork

Trademarks

Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.

Dave Coustan
Extraface
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(570)486-6347

• Founded in 2016, the innovative technology company has seen increasing demand from heavy industry for environmental performance solutions
• Valkyrie™ product line offers the widest operating range of H2S and CO2 treatment for Energy, Renewable Fuels, Wastewater, Landfill Gas, Biogas and Industrial processes

SAN ANTONIO--(BUSINESS WIRE)--Streamline Innovations, Inc. (“Streamline”), the leader in environmentally forward treatment solutions for H2S and CO2, today celebrates five years of helping customers improve their environmental performance and sustainability goals. Streamline’s solutions are used by leading companies and municipalities in Energy, Wastewater, Renewable Fuels, Landfill Gas, Biogas, and Industrial processes.

Streamline was founded in 2016 with the core focus of providing H2S treatment solutions. Beginning with a single project in South Texas, Streamline has grown and expanded from its roots in oil and gas to serving renewable fuels and heavy industries globally. Since that time, the company has grown to a team of more than 60 employees.

David Sisk, Streamline’s Co-Founder and CEO said, “This is an exciting time for Streamline, as our core business continues to grow and reach critical mass in Texas and New Mexico, and the company expands into new geographies and market segments. I could not be more proud of the talented and hardworking team we have built at Streamline, and held together through the challenges of 2020.

“We are helping companies and municipalities address their H2S in a cleaner, safer, and more reliable way. Our team has adopted the vision of ‘Eliminating Pollution through Technology,’ and our technology and culture position us to play a significant role in the Energy Transition and global ESG initiatives.”

Valkyrie™ Product Line Expansion

The Valkyrie™, Streamline’s flagship product, uses biodegradable chemistry that converts H2S into agricultural-grade elemental sulfur, which can be used for fertilizer to grow food. Streamline’s solutions are integral to transitioning to a circular economy and improving the sustainability of industry in a cost-effective way.

The core Valkyrie product has evolved into a comprehensive product lineup and offers the widest operational range of H2S treatment capability available today. Significantly, the Valkyrie product line now includes treating of CO2 streams that contain contaminants, an important element for Carbon Capture Utilization and Storage (CCUS).

New Company Website

Streamline launched a new website to reflect the company’s identity, growth, and diversification.

“Our new website better reflects Streamline’s support for our customers to achieve their ESG directives in a cost-effective way, and our commitment to helping heavy industry address air pollution,” said B.G. Clark, Chief Development Officer.

About Streamline Innovations

Streamline Innovation’s vision is Eliminating Pollution Through Technology. We help heavy industry around the world achieve environmental performance objectives, improve sustainability, and transition to a sustainable, low-carbon economy.

H2S is present in almost every industrial process in the world. Our technology can be applied across industries, delivering a sustainable solution that eliminates H2S, the leading cause of acid rain, a deadly greenhouse gases dangerous for work and living environments.

Streamline believes that achieving the E (“Environmental”) in ESG requires data. Creating intelligent systems that operate effectively and efficiently without human intervention is critical to reducing emissions that harm the environment. We integrate advanced data collection, process control, and analytics in our technologies to provide a total solution for customers.

We serve organizations in multiple sectors, including Energy/Oil & Gas, Biogas, Landfill Gas & Renewable Fuels, Municipal Wastewater and Industrial Air & Water.

Related Links:
StreamlineInnovations.com

B.G. Clark
Chief Development Officer
Streamline Innovations, Inc.
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25^th anniversary of ‘No Diggity’ remixes nostalgic hit song to promote safe digging awareness

ATLANTA--(BUSINESS WIRE)--Dig up the musical nostalgia of Blackstreet’s ’90s chart-topping R&B jam “No Diggity,” which has been remixed on its 25^th anniversary to promote safe digging awareness.

Southern Company Gas partners with Grammy® award-winning singer, songwriter Chauncey Black of Blackstreet to launch the "No Diggity" Safe Digging Campaign to emphasize the importance of calling 811 before starting any outdoor digging project. The witty remix of the hit song, recorded by Black himself, marks the first time that the lyrics have ever been altered. The music video was filmed in Atlanta and features the influencer family Terrell and Jarius Joseph.

“When I heard about this campaign and its message, I instantly wanted to get behind it. The message builds awareness of the dangers around unsafe digging where utility lines may be involved and is something that must be heard. And what better way to deliver an important message than with a song,” Black said. “Safe digging saves lives. No diggity, no doubt.”

Southern Company Gas is using the fresh take on “No Diggity” to remind homeowners and professional contractors across the country that August is safe digging awareness month, which serves as an important reminder to always call 811 before starting any outdoor digging project. Social media influencers in the states served by Southern Company Gas – Georgia, Illinois, Tennessee and Virginia – will be sharing the safe digging message and music video as part of the dynamic “No Diggity” Safe Digging Campaign.

The Common Ground Alliance, a national nonprofit organization working to protect underground utility lines, says damage to covered pipe and cable happens once every few minutes because of digging near unmarked utility lines. To help prevent damage, calling 811 is required before digging, including minor do-it-yourself home improvement projects like planting a tree or installing a fence or deck, as well as breaking ground on a major new building development.

“Nothing is more important to us than ensuring the safe delivery of natural gas to our 4.3 million customers. But we can’t do it alone,” said Kim Greene, chairman, president and CEO of Southern Company Gas. “We are so thrilled that Chauncey of Blackstreet is partnering with us in this important effort. By leveraging such a creative remix to their song, we aim to educate more people about the importance of calling 811 before beginning any digging project.”

When homeowners and contractors call 811, it notifies the appropriate utility companies of the intent to dig. Professional locators are then sent – for free – to the requested dig site to mark the approximate locations of underground lines with flags, paint or both.

A homeowner using a shovel and a professional excavator using an earthmover are required by state law to call 811 at least three business days before starting any digging project. Calling 811 before digging on any property is the law.

Southern Company Gas encourages homeowners and contractors to follow these safe digging guidelines and always dig with CARE:

• Call Before You Dig: Before starting any outdoor digging project, customers should dial 811 at least three days in advance to request to have underground utility lines marked. Requests to have utility operators locate underground lines, including natural gas, electric, water, sewer, telephone and cable lines, can be made 24-hours a day, seven days a week. The service is free.
• Allow the Required Time for Marking: After contacting 811, wait for underground utility lines to be marked before digging. Locators will mark the approximate location of buried lines with color-coded spray paint, flags or stakes corresponding to the utility. The color used for natural gas is yellow.
• Respect the Marks: Only use hand digging tools to carefully uncover the area around a utility line when you need to dig near location markers.
• Excavate Carefully: Make sure the marks remain visible during the project. If the lines are damaged or removed, customers are encouraged to contact 811 to have lines remarked.

For more information about Southern Company Gas’ commitment to safety, visit southerncompanygas.com/safety.

About Southern Company Gas
Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America’s premier energy company. Southern Company Gas serves approximately 4.3 million natural gas utility customers through its regulated distribution companies in four states with approximately 666,000 retail customers through its companies that market natural gas. Other nonutility businesses include investments in interstate pipelines and ownership and operation of natural gas storage facilities. For more information, visit southerncompanygas.com.

Alison Threadgill, Pop’N Creative
This email address is being protected from spambots. You need JavaScript enabled to view it. or 202-905-9188

Brad Bernstein, Pop’N Creative
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Briana Belser McClendon, Southern Company Gas
This email address is being protected from spambots. You need JavaScript enabled to view it. or 470-423-1957

DUBLIN--(BUSINESS WIRE)--The "Marine Electronics and Marine Navigation Market Report - Global Industry Data, Analysis and Growth Forecasts by Type, Application and Region, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

Marine Electronics and Marine Navigation market illustrates an attractive growth rate during the forecast period with the advancements in technologies. Latest developments in Artificial Intelligence and machine learning abilities to expand Marine Electronics and Marine Navigation applications and drive demand during the forecast period to 2028.

The pandemic COVID 19 has a significant impact on the manufacturers of Marine Electronics and Marine Navigation due to disruptions in the supply chain and frequent lockdowns. Further, the economic slowdown and geopolitical matters have limited the Marine Electronics and Marine Navigation market growth in 2020. As the market recovers from the pandemic, we forecast the growth trajectory to vary across regions with some countries offering huge growth potential while others reporting limited profit margins.

New generation Marine Electronics and Marine Navigation with improved performance offering higher accuracy and flexibility, with easy integration into systems spur the growth in Marine Electronics and Marine Navigation industry. However, a paradigm shift towards a connected world and growing requirement for miniaturization are necessitating further advancement in the Marine Electronics and Marine Navigation market and develop smarter products.

Research and development in the Marine Electronics and Marine Navigation industry to drive down costs and improve functionality are expected to advance in the medium term. Autonomous vehicles poised to hit the mainstream alongside rapid growth in AI computing capabilities with improving commercials are offering enormous opportunities in the Marine Electronics and Marine Navigation market. Over the forecast period to 2028, we forecast the Marine Electronics and Marine Navigation market to regain growth momentum, mainly with support from developing markets.

Marine Electronics and Marine Navigation market competitive landscape

On the Marine Electronics and Marine Navigation market structure front, consolidation observed in 2020 is expected to be continued in 2021. Mergers and acquisitions are primarily intended to acquiring new technologies, strengthening portfolios, and leveraging capabilities.

Companies operating in the Marine Electronics and Marine Navigation market were hard hit by the adverse effects of COVID, with the major difficulty being the supply chain management. Managing production with shortages in supply and man force has limited the profitability of companies in 2020 and created the need to adapt to more agile methods of working. However, growing trends of online work and education along with the exponential development of the e-commerce industry facilitate companies to regain their market share. Detailed profiles of top companies in the Marine Electronics and Marine Navigation industry along with their key strategies to 2028 are provided in the report.

Reasons to Procure this Report

1. The report provides 2021 Marine Electronics and Marine Navigation market revenues at the global, regional, and key country level with a detailed outlook to 2028 allowing companies to calculate their market share and analyze prospects, and uncover new markets to target

2. The research includes the Marine Electronics and Marine Navigation market split by different types, technologies, applications, and end-uses. This segmentation helps managers plan their products and budgets based on future growth rates of each segment

3. The Marine Electronics and Marine Navigation market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigate risks

4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business

5. The study assists investors in analyzing Marine Electronics and Marine Navigation business prospects by region, key countries, and top companies' information to channel their investments.

Key Topics Covered:

1. Executive Summary

2. Market Insights and Strategic Analysis

2.1 Key Market trends

2.2 Market Drivers

2.3 Market Challenges

2.4 Industry Attractiveness - Porter's Five Forces Analysis

2.5 Impact of COVID-19 on the Market

3. Global Marine Electronics and Marine Navigation Market Outlook

3.1 Global Marine Electronics and Marine Navigation Market Outlook by Type, 2021-2028

3.2 Global Marine Electronics and Marine Navigation Market Outlook by Application, 2021-2028

3.3 Global Marine Electronics and Marine Navigation Market Outlook by Country, 2021-2028

4. Asia Pacific Marine Electronics and Marine Navigation Market Outlook

5. Europe Marine Electronics and Marine Navigation Market Outlook and Growth Opportunities

6. North America Marine Electronics and Marine Navigation Market Outlook and Growth Opportunities

7. South and Central America Marine Electronics and Marine Navigation Market Outlook and Growth Opportunities

8. Middle East Africa Marine Electronics and Marine Navigation Market Outlook and Growth Opportunities

9. Competitive Analysis

9.1 Leading Companies in Marine Electronics and Marine Navigation Market

9.2 Business Profiles of Leading Marine Electronics and Marine Navigation Companies

Introduction

SWOT Analysis

Financial Analysis

10. Latest News and Developments in Global Marine Electronics and Marine Navigation Market

11. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/4ab09y

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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AUSTIN, Texas--(BUSINESS WIRE)--E2open (NYSE: ETWO), a network-based provider of cloud-based, mission-critical, end-to-end supply chain management software, today announced the release of its third-quarter technology update for the year, with a wide range of enhancements to help clients further leverage E2open’s multi-enterprise network to make more connected business decisions. Connected decisions improve resiliency and agility by going beyond internal organizational boundaries to reflect the current supply chain realities of external partners.

“Globalization and outsourcing have greatly improved the cost and scalability of supply chains, but also made them more vulnerable to disruptions,” said Pawan Joshi, executive vice president of product management and strategy at E2open. “Many brand owners look less like manufacturers and more like orchestrators of complex processes across multiple tiers of global trading partners. This release includes enhancements across E2open’s intelligent application suites to further streamline multi-tier processes across channel, supply, logistics and global trade ecosystem partners and make more holistic decisions. This end-to-end perspective allows brand owners to have the same level of visibility and control for downstream and upstream partners as they do for their own operations. In an outsourced world, this helps companies bridge siloes for better outcomes, including a new level of resiliency to better manage risks and the agility to quickly capture growth opportunities.”

Some of the primary enhancements in this release include:

Channel Shaping

• The new channel marketing control center helps brands drive the effectiveness and efficiency of their channel partners. Brands can now proactively push campaigns, activities and assets to their partners, driving great partner efficiency with visibility and access to tasks, resources and results, all in one place.
• Increased transparency into channel data quality enhances the partner experience across all tiers of distribution. Partners can now understand how brands track the accuracy and completeness of their channel data submissions at the appropriate granular level. Better visibility empowers partners to quickly address and prevent these issues, helping them improve their data quality scores and increase their eligibility for incentive programs tied to the accuracy, completeness and timeliness of their data
• Significantly enhanced attribution management makes it easier for brand owners to maintain product hierarchies at individual retailers and across their entire retail network to better understand and drive category performance.

Demand Sensing and Business Planning

• Enhanced shortage analysis capabilities provide more insight into how customer orders are impacted by component non-availability. Companies receive actionable recommendations during supply planning for which parts and orders to expedite as to proactively mitigate shortages and improve customer service.
• A new promotion planner user experience further improves cross-functional collaboration among sales, marketing and demand planners. When combined with E2open’s powerful promotion forecast and cannibalization engine, the new workflows make promotion planners more efficient and marketing spend more effective.

Global Trade Management

• Enhanced analytics and key performance indicators improve decision-making by combining latest shipment plans with prior performance data for actionable insights. Companies can now quickly analyze trends and plan effectively to optimize trade compliance operations, reducing cost and risk.
• Added functionality to adjust import duty payments to China on goods exported for processing then reimported for final production by calculating fees based only on the value-added portion. This includes export and import clearance, as well as inventory tracking and management, further increasing compliance support for new China Trade Authority rules.
• New cargo screening capabilities enable companies to configure lists of persons, entities and locations for screening business transactions, leveraging internal intelligence to mitigate risks or establish company-specific compliance procedures.
• The proprietary content within Global Knowledge^® was expanded to enhance compliance coverage by adding new and advanced restricted party lists, plus several standard lists for Taiwan. The content also now includes tariff classification coverage for eight new countries, including Northern Ireland, bringing the total country coverage count to 215.

Transportation and Logistics

• New capabilities within the shipping portal broaden functionality for third-party logistics providers (3PLs) to seamlessly execute and manage ocean shipments on behalf of all customers from a single account. The ability to handle more complex and varied logistics activities helps 3PLs provide exceptional customer service to shippers and carriers.
• Shippers and freight forwarders can access real-time schedules from Mediterranean Shipping Company (MSC), including trans-shipment details, when using the E2open booking platform. This enhancement provides the most current schedule information for optimized shipment planning based on the best available routing options.

Collaborative Manufacturing and Supply Management

• Configurable, automatic validation of transactions and attributes improves the quality of data flowing from manufacturing systems to enterprise resource planning applications. This results in significantly faster and more accurate reconciliation during the financial period or year-end closing process.
• Enhanced email-based capabilities enable brand owners to better collaborate with long-tail partners. Emails can now be sent to multiple recipients and routed appropriately to help ensure long-tail partners receive important communications timely, improving supply assurance and business continuity.
• Brand owners can now automate their business processes by assigning workflows and business actions to appropriate roles using pre-configured Microsoft Excel templates. Faster implementation of these changes improves overall productivity.
• Search filters set up by users can now extend across multiple application workflows and pages. Minimizing the need to specify search parameters across each application improves user productivity.

Learn More About Product Updates

As a cloud-based offering, E2open consistently brings the best in channel and supply chain management technology to customers. To learn more about this update, please contact us here.

About E2open

At E2open, we’re creating a more connected, intelligent supply chain. It starts with sensing and responding to real-time demand, supply and delivery constraints. Bringing together data from customers, distribution channels, suppliers, contract manufacturers and logistics partners, our collaborative and agile supply chain platform enables companies to use data in real time, with artificial intelligence and machine learning to drive smarter decisions. All this complex information is delivered in a single view that encompasses your demand, supply, logistics and global trade ecosystems. E2open is changing everything. Demand. Supply. Delivered.™ Visit www.e2open.com.

E2open, the E2open logo, Harmony and Global Knowledge are registered trademarks of E2open, LLC or its affiliates. Demand. Supply. Delivered. is a trademark of E2open, LLC. All other trademarks, registered trademarks and service marks are the property of their respective owners.

Sales and Customer Information Contact:
Diane Mitchell | VP, Corporate Marketing | E2open | This email address is being protected from spambots. You need JavaScript enabled to view it. | 512-735-5692

Media Contact:
WE Communications for E2open | This email address is being protected from spambots. You need JavaScript enabled to view it. | 512-527-7029

IRVINE, Calif.--(BUSINESS WIRE)--Enevate, a pioneering battery innovation company featuring extreme fast charge and high energy density battery technologies for electric vehicles (EVs) and other markets, announced that it reached a major milestone of 100 patents issued worldwide with more than 300 additional patents in process, bringing the company's total issued and in process patent portfolio to over 400.

Enevate's patented XFC-Energy™ technology stands to be a game-changer for the EV industry, providing a path to produce extreme fast-charge EV batteries at low cost and high-volume production. Enevate is currently working with multiple automotive and EV battery manufacturers to commercialize its technology for the 2024-2025 model year, utilizing existing manufacturing infrastructure with minimal investment required, a core goal of its development.

"Our team of world-class scientists and engineers continues to be intensely focused on developing innovative battery technology in support of auto and battery makers as they ramp plans to deliver electric vehicles," said Enevate Founder and Chief Technology Officer Dr. Benjamin Park. "Enevate's patented XFC-Energy™ technology is designed for high volume commercialization and is lower cost than today's conventional graphite Li-ion battery technology simultaneously delivering up to a 26% CO2 greenhouse gas reduction during manufacturing compared to conventional Li-ion batteries. Our EV battery solutions offered through a licensing and technology transfer business model will enable the kind of fast-charging capability demanded by consumers and accelerate the worldwide adoption of EVs."

Dr. Park continued, "We're far ahead of the competition, particularly if you consider IP covering silicon battery technologies which is a key focus of ours. Enevate has more patent families directed to silicon battery technologies than all of our competitors combined."

Enevate's 100th issued patent, US Pat. No. 11,075,408, was granted on July 27, 2021, and is entitled "Silicon-based energy storage devices with fluorinated polymer containing electrolyte additives." Dr. Park was one of the named inventors.

Dr. Park noted that, with nearly $200 million in funding from investors, Enevate is in growth mode, hiring additional scientists and reviewing plans for expanded facilities that will include a pilot production line. The line will serve as a manufacturing demonstration site for auto and battery makers focused on expanding or building new battery manufacturing plants, including large giga-factories.

Enevate's issued patent portfolio has grown significantly over the past year and a half. Enevate is the first to cross the 100 issued patent threshold among the group of competing companies racing to provide next-generation battery performance. The company's patent portfolio is broad as well, covering all major technologies within a battery: anode, cathode, electrolyte, formation, cell design, pack, and other related technologies. Enevate now has patents in jurisdictions covering over 95% of EV sales, current and projected, worldwide.

ABOUT ENEVATE (www.enevate.com)

Enevate develops and licenses advanced battery technology for electric vehicles (EVs), with a vision of EVs charging as fast as refueling gas cars, accessible and affordable to everyone, and accelerating EVs' mass adoption. With a portfolio of more than 400 patents issued and in process, Enevate's pioneering advancements (leveraging accelerated battery testing and machine learning) in silicon-dominant anodes and cells have resulted in battery technology that features five-minute extreme fast charging with high energy density, low-temperature operation for cold climates, low cost and safety advantages over conventional batteries.

Enevate's vision is to develop and propagate EV battery technology that contributes to a clean and sustainable environment. The Irvine, California-based company's investors include Renault-Nissan-Mitsubishi (Alliance Ventures), LG Chem, Samsung Venture Investment Corp, Fidelity Management & Research Company, Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures – a Sumitomo Corporation company, Lenovo, CEC Capital, and Bangchak. Enevate®, the Enevate logo, HD-Energy®, and eBoost® are registered trademarks of Enevate Corporation.

Bill Blanning
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+1 (714) 916-4309

The combined company will be the world's largest privately-owned global leader offering complete Service Lifecycle Management solutions for the manufacturers, distributors, and services ecosystem.

STOCKHOLM & TAMPA, Fla.--(BUSINESS WIRE)--Syncron and Mize, Inc. today announced that Mize, Inc., a leader and innovator of Field Service Management (FSM) and Warranty Management (WCM) solutions, has merged with Syncron, a leader in Service Parts and Contracts Management including Inventory, Pricing, and IoT-based preventive repair monitoring solutions.

Both Syncron and Mize are well-recognized leaders within their respective cloud solution markets. The combined company will use the Syncron brand and establish a fast-growing innovator with a customer base of more than 200 of the most known and respected brands in the automotive, construction & agriculture equipment, industrial engineering, high-tech, med-tech, and consumer durables industries. With more than 700 employees by the end of 2021, based in 12 office locations in eight countries worldwide, the company will continue to invest significantly in innovation and expansion of its global coverage.

The Syncron Connected Service Experience (CSX) platform and Service Lifecycle Management (SLM) solutions enable the manufacturers to retain more customers, deliver services more cost-effectively, and generate higher-margin revenues from the install base.

"Product-related services have become the lifeline of manufacturers’ EBITDA and net margins. Protecting end customer brand experience is of pivotal relevance for every manufacturer. Together we can help create higher margin businesses, and recurring revenue from subscription and outcome-based business models," said Dr. Friedrich Neumeyer, CEO, Syncron.

As a part of this arrangement, Ashok Kartham, Founder and CEO of Mize, will join the Syncron executive management team as the company’s Chief Product Officer overseeing all product and development for Syncron.

"Manufacturers today use disparate systems to manage their service and parts business leading to silos of data, disconnected processes, and lower profitability. The combination of Syncron and Mize for the first time brings the leading service and parts management platforms together to maximize value to the customers,” said Kartham. “With a unique ability to have one common real-time view on service parts, field service workforce, service histories, parts data, and pricing, we can provide a new level of value creation for our customers unmatched in the industry."

The deal is significant in that Mize and Syncron together can develop and deliver the first comprehensive, single platform portfolio of SaaS solutions to market that specifically addresses the complexities and profound opportunities possible in the aftermarket and services business. Syncron's capabilities in AI and ML will play a pivotal role to connect IoT-based failure prediction even better with planned service events based on optimal part availability. Manufacturers looking to enhance this vital part of their business will be able to address service profitability, optimize working capital, and enable business growth while also best approaching and developing innovative services for the world's new service economy.

"We have recognized Mize* and Syncron** both as a leader in several areas," said Aly Pinder, Lead Analyst of IDC. "We expect both companies to be able to further strengthen a joint position by creating customer innovations around fully integrated service lifecycle management processes proving value beyond individual products which I have been emphasizing for years."

“Manufacturing is going through acceleration of digitization and business model disruption,” said Léo Apotheker, Chairman of the Board, Syncron. “Service experiences as a sustainable differentiator is at the top of every C-level agenda. Coupling the talent, expertise, and products of Syncron and Mize will empower the changes manufacturers need to compete effectively throughout this transition and best position themselves competitively.”

Please visit syncron.com to learn more on how you can transform your service business to enhance service experience and drive higher profitability in a connected world.

For media inquiries, contact: Syncron Media, Syncron, +1 (404) 545-0561, This email address is being protected from spambots. You need JavaScript enabled to view it.. For information on our joint solutions, please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it..

Sources:

*IDC MarketScape: Worldwide Manufacturing Warranty and Service Contract Management Applications 2019–2020 Vendor Assessment (Doc # US44408619, December 2019)

**IDC MarketScape: Worldwide Manufacturing Service Parts Management Applications 2020 Vendor Assessment (Doc # US44801020, January 2020)

About Mize

Mize is a Service Lifecycle Management company that provides a SaaS solution for durable goods manufacturers and their value chain. The company provides a Connected Service Experience among OEMs and their end customers, dealer channels, service provider network, and suppliers, connecting and managing all service lifecycle interactions, extending across Warranty, Service Plans, Support, Service Delivery, Parts, and Returns. Mize solutions lead to reduced service delivery costs, optimized service experience, and maximized customer lifetime value. For additional information, visit m-ize.com.

About Syncron

Syncron empowers the world's leading manufacturers to maximize product uptime and deliver exceptional aftermarket service experiences while driving significant revenue and profit improvements. From industry-leading investments in research and development to providing the fastest time-to-value, Syncron's award-winning service parts inventory, price and uptime management solutions are designed to continually exceed customer expectations. Top brands from around the world trust Syncron, the largest privately-owned global provider of cloud-based aftermarket service solutions, to transform their service operations into competitive differentiators. For more information, visit syncron.com.

Media Contact:
Robyn Ware
Syncron
Global Public Relations Manager
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(404) 545-0561

As an experienced government contractor, Ameresco will provide mentorship to Hannah Solar Government Services and bring cleantech solutions to customers in the Federal sector

FRAMINGHAM, Mass. & SUMMERVILLE, S.C.--(BUSINESS WIRE)--#cleanenergy--Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it is entering into a joint venture with Hannah Solar Government Services (HSGS), a Service-Disabled Veteran-Owned Small Business (SDVOSB) renewable energy company.

The joint venture was facilitated as part of the SBA Mentor Protégé Program, which helps eligible small businesses, known as protégés, gain exposure and win government contracts through partnerships with more experienced companies, referred to as mentors. By entering into a joint venture, HSGS will have the unique opportunity to grow as an energy provider by learning from the Ameresco team, which is comprised of an experienced group of government contractors.

Together, the pair will work collaboratively to bring cleantech solutions to the Department of Veterans Affairs (VA) and other Federal agencies. The companies decided to enter a mentor-protégé relationship following HSGS delivering as a key subcontractor to Ameresco over the past 5 years on projects supporting the VA, the U.S. Army, and the National Aeronautics and Space Administration.

“Our relationship with Ameresco has evolved into a collaborative partnership built on a shared passion for this industry and a desire to develop increasingly innovative solutions,” said Col. R. David McNeil. “We appreciate Ameresco taking on this role as a mentor dedicated to educating our team as we continue to work together.”

Based in South Carolina, HSGS is a solar PV project developer and engineering, procurement and construction (EPC) firm specializing in the development, design, installation and maintenance of solar PV energy solutions. The group services a range of organizations from medium-scale commercial to large-scale utility solar energy projects.

“The strength of HSGS’s work and ability to deliver innovative solutions has made them a consistent partner of ours over the years, and we’re thrilled to expand our relationship with this joint venture,” said Nicole Bulgarino, executive vice president and general manager of Federal Solutions at Ameresco. “Working on Federal projects is always a rewarding experience, and we’re so excited to share our knowledge and expertise with a team eager to learn more.”

To learn more about the energy efficiency solutions offered by Ameresco, visit www.ameresco.com/energy-efficiency/.

About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.

About Hannah Solar Government Services
Founded in 2010 and based in South Carolina, HSGS is a veteran-owned business leading the way in global energy security by designing and building renewable energy and microgrid systems. HSGS specializes in project development, design, installation, and maintenance of commercial and utility scale solar PV, energy storage, and microgrid systems for government, commercial, and utility clients. HSGS’s breadth of experience includes projects that span the continental United States as well as overseas. HSGS has worked with Ameresco on several renewable energy projects over the past five years for multiple federal agencies including, NASA, GSA, Federal Bureau of Prisons, US Coast Guard, VA, and the DEA. For more information, visit www.hsgs.solar.

Media:
Ameresco: Leila Dillon, 508-661-2264, This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--"The Global Market for Metamaterials and Metasurfaces to 2031" report has been added to ResearchAndMarkets.com's offering.

Metamaterials applications will represent a multi-billion market within the next decade with product advances in radar and lidar for autonomous vehicles, telecommunications antenna, 6G networks, coatings, vibration damping, wireless charging, noise prevention and more.

Metamaterials are artificially engineered structures with exceptional material properties (acoustic, electrical, magnetic, optical, etc.). They comprise arrays of resonators that manipulate electromagnetic waves or sound in ways not normally found in nature. Possessing customized dielectric properties and tunable responses they allow for excellent flexibility in a range of applications, their use enabling the manipulation of fields and waves at a subwavelength scale.

Initial R&D in metamaterials has focused on cloaking and light manipulation, but the last few years has seen applications development in:

• Telecommunications
• Acoustics
• Sensors
• Radar imaging
• Optics (terahertz and infrared)
• Coatings & films
• Lidar systems for self-driving cars
• Medical imaging

They are key materials for improving the performance and coverage of high-speed, 5G and future 6G networks. Reconfigurable intelligent surfaces (RIS) based on metamaterials for coating objects in the environment, such as walls, ceilings, mirrors and appliances, will operate as reconfigurable reflectors or transceivers for massive access when equipped with active radio-frequency (RF) elements.

The reconfigurable surfaces would be able to provide more capacity to a user then they need it, with controlled energy consumption and circumscribed EMF to avoid interference from unconnected devices and to minimize their impact on the people around them.

There are now over 40 metamaterials product developers worldwide, who have received >$300 million in recent investment as the metamaterials market picks up again after a sluggish few years.

Report contents include:

• Description of the global metamaterials and metasurfaces market in 2020.
• Global revenue estimates to 2031 by markets.
• Stage of commercialization for metamaterials applications, from basic research to market entry.
• Market drivers, trends and challenges, by end user markets.
• Metamaterials and metasurfaces roadmap.
• Competitive landscape.
• In-depth market assessment of opportunities for metamaterials in sound insulation, vibration damping, antennas, thermal management, wireless charging, transport communications, radar, sensors, autonomous vehicles, anti-reflective plastics, security screening, EMI, anti-reflection coatings, solar coatings, displays, soft materials and medical imaging.
• In-depth profiles of 44 companies, including products, investments, partnerships and commercial activities. Companies profiled include Anywaves, Echodyne, Inc., Evolv Technologies, Inc., Fractal Antenna Systems, Inc, Kymeta Corporation, Lumotive, Phononic Vibes srl, Metamaterial, Inc. and Metawave Corporation.
• Detailed forecasts for key growth areas, opportunities and user demand.
• Revenues and activities by region.
• Markets targeted, by product developers and end users.

Key Topics Covered:

1 INTRODUCTION

1.1 Aims and objectives of the study

1.2 Market opportunity analysis

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

3.1 Historical metamaterials market

3.2 Recent growth

3.3 Global market revenues, current and forecast

3.4 Regional analysis

3.5 Market opportunity assessment

3.6 Investment funding in metamaterials

3.7 Future perspectives and prospects

3.8 Market and technology challenges

3.9 Industry developments 2020-2021

4 METAMATERIALS OVERVIEW

4.1 What are metamaterials?

4.1.1 Electromagnetic metamaterials

4.1.2 Metasurfaces

4.1.2.1 Meta-Lens

4.1.2.2 Metasurface holograms

4.1.2.3 Invisibility cloaking and shielding

4.1.2.4 Flexible metasurfaces

4.1.2.5 Reconfigurable intelligent surfaces (RIS)

4.2 Types of metamaterials

4.2.1 Electromagnetic metamaterials

4.2.1.1 Double negative (DNG) metamaterials

4.2.1.2 Single negative metamaterials

4.2.1.3 Electromagnetic bandgap metamaterials (EBG)

4.2.1.4 Bi-isotropic and bianisotropic metamaterials

4.2.1.5 Chiral metamaterials

4.2.2 Terahertz metamaterials

4.2.3 Photonic metamaterials

4.2.4 Tunable metamaterials

4.2.4.1 Passive

4.2.4.2 Active

4.2.4.3 Self-programmable

4.2.5 Frequency selective surface (FSS) based metamaterials

4.2.6 Nonlinear metamaterials

4.2.7 Acoustic metamaterials

4.2.8 Graphene in metamaterials applications

4.3 Technology Readiness Level (TRL)

5 MARKETS AND APPLICATIONS FOR METAMATERIALS

5.1 Global revenues for metamaterials, by market, 2017-2031 (Millions USD).

5.2 Acoustics

5.3 Communications

5.4 Automotive

5.5 Aerospace, Defence & Security

5.6 Coatings And Films

5.7 Solar

5.8 Medical Imaging

5.9 Touch Screens And Displays

5.10 Sensors

6 COMPANY PROFILES

6.1 3M

6.2 Acoustic Metamaterials Group Ltd.

6.3 Alphacore, Inc.

6.4 Anywaves

6.5 BlueHalo

6.6 Covestro

6.7 Droneshield

6.8 Echodyne, Inc.

6.9 Emrod

6.10 Evolv Technologies, Inc.

6.11 EM Infinity

6.12 FVMat LTD

6.13 Fractal Antenna Systems, Inc.

6.14 General Opto Solutions

6.15 Imuzak Co., Ltd.

6.16 Kymeta Corporation

6.17 Lumotive

6.18 Magment AG

6.19 Metaboards Limited

6.20 Metacept Systems

6.21 Metalenz

6.22 Metamagnetics, Inc.

6.23 Metamaterial, Inc.

6.24 MetaShield LLC

6.25 Metasonics

6.26 Metawave Corporation

6.27 Multiwave Technologies AG

6.28 Nahsai LLC

6.29 Nanohmics Inc.

6.30 NIL Technology

6.31 NKT Photonics A/S

6.32 PARC

6.33 Phoebus Optoelectronics LLC

6.34 Phononic Vibes srl

6.35 Pixie Dust Technologies, Inc.

6.36 Pivotal Commware, Inc.

6.37 Plasmonics, Inc.

6.38 Protemics GmbH

6.39 Radi-Cool, Inc.

6.40 SensorMetrix

6.41 Sonobex Ltd.

6.42 Specom Oy

6.43 Teraview Limited

6.44 Vadient Optics

7 MAIN METAMATERIALS RESEARCH CENTRES AND GROUPS

8 REFERENCES

For more information about this report visit https://www.researchandmarkets.com/r/w7d3z

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Brand New Franchised Travel Center with 90 Truck Parking Spaces, Brings Additional Jobs to Area

WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA), nationwide operator of the TA, Petro Stopping Centers and TA Express travel center network, is pleased to announce the opening of a new TA Express travel center in Edgerton, Kansas, a growing city located along busy Interstate 35, at exit 205. The new TA Express is a franchised location and expands TA’s total nationwide network of travel centers to 275, including 42 franchises. Network growth is a key component of TA’s transformation and TA will continue to focus on franchising to expand its footprint.

TA Express Edgerton is a newly constructed 9,000 square foot building, offering a convenient stop between Kansas City and Wichita. The travel center provides professional drivers with 90 truck parking spaces and is expected to bring nearly 30 new jobs to the local community. Amenities include:

• Dunkin’ Express, on-site deli with hot and cold food options
• Store with coffee, snacks and merchandise
• 90 truck parking spaces
• 40 car parking spaces
• Six diesel fueling positions with Diesel Exhaust Fluid (DEF) on all lanes
• 16 gasoline fueling positions
• Four showers
• Driver lounge
• Laundry facilities

Over the past decade, the city of Edgerton has experienced transformational growth, including the addition of thousands of jobs, over $1 billion worth of construction projects and miles of improved roadways. A recently opened green space area was created to provide more enjoyable recreation activities for the community.

“As we continue expanding our footprint across the country, we are strategically opening travel centers in locations where our services are needed by both professional drivers and motorists,” said Jon Pertchik, Chief Executive Officer of TravelCenters of America. “In partnership with our franchisee, we are proud to join the growing and vibrant Edgerton community and look forward serving both travelers and residents along the Interstate 35 corridor.”

About TravelCenters of America

TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, its nearly 19,000 team members serve guests in 275 locations in 44 states and Canada, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, travel stores, car and truck parking and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with its specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists, while leveraging alternative energy to support its own operations. TA operates over 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.

Tina Arundel
TravelCenters of America
440-250-4758
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BAE Systems will provide effective, reliable, secure, and advanced communications systems to protect and support U.S. national security mission capabilities

MCLEAN, Va.--(BUSINESS WIRE)--The U.S. Navy awarded BAE Systems, Inc. a $140 million indefinite-delivery/indefinite-quantity (IDIQ) contract for communications engineering support and integration services. From concept through deployment, the company will customize command, control, communications, computer, and intelligence (C4I) systems to ensure America’s warfighters have reliable and secure communications across all domains. The contract – which BAE Systems has won for the past 40 years – includes one base ordering year with four option years.

“We are pleased to continue our longstanding partnership with the Navy in supporting secure and robust military operations worldwide,” said Lisa Hand, vice president and general manager of BAE Systems Integrated Defense Solutions business. “As the threat landscape continues to evolve, maintaining an information advantage through secure information technology (IT) systems is critical. We deliver advanced C4I systems with surety that information access and data transmission are secure and reliable.”

Through this contract, BAE Systems will support the Naval Air Warfare Center Aircraft Division Webster Outlying Field Integrated Command and Control (C2) and Intelligence Division’s mission with rapid response solutions to close critical communication capability gaps. In addition to engineering design and integration of legacy, current, and next-generation exterior communications, BAE Systems will also provide technical support for IT infrastructure, electronic security systems, and audio-visual and video-teleconferencing.

Approved for public release; distribution is unlimited.

Maria McGregor, BAE Systems
Mobile: 619-207-8915
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www.baesystems.com/US
@BAESystemsInc

Backlog $664.4 Million; Revenue Growth 26.2%; EPS $0.11

ATLANTA--(BUSINESS WIRE)--Williams Industrial Services Group Inc. (NYSE American: WLMS) (“Williams” or the “Company”), an energy and industrial infrastructure services company, today reported its financial results for the fiscal second quarter ended June 30, 2021.

Recent Highlights

• Williams posted revenue of $91.6 million in the second quarter of 2021, an increase of 26.2% year-over-year, compared with $72.5 million in the prior-year period
• The Company reported net income of $2.9 million, an increase of 14.6% year-over-year, or $0.11 per share, in the second quarter versus net income of $2.5 million, or $0.10 per share, in the second quarter of 2020
• Adjusted EBITDA¹ was $4.9 million for the second quarter of 2021 compared with $5.0 million in the prior-year period
• As of June 30, 2021, the Company’s backlog was $664.4 million, an increase of 44.2%, compared to $460.6 million as of March 31, 2021, with approximately $199.5 million expected to be converted to revenue over the following twelve months and $123.4 million expected to be converted by the end of the fiscal year
• The Company announced on June 1, 2021 that it had been granted an expansion of its nuclear decommissioning scope with Holtec and CDI with the addition of three units at the Indian Point Energy Center (“IPEC”), a multi-year project increase

“I’m pleased to report that Williams’ second quarter results met our expectations,” said Tracy Pagliara, President and CEO of Williams. “Revenue rose 26% year-over-year, while our backlog climbed over $200 million from the end of the first quarter. We are successfully expanding existing customer relationships and are actively engaged in new business development initiatives that leverage our role as a leading, respected provider of infrastructure services across the energy and industrial end markets. This is enabling us to further strengthen our core nuclear business while continuing to diversify into adjacent areas, positioning Williams for the bright future envisioned by our strategic plan. Given the Company’s performance, we are once again reaffirming our prior financial guidance for 2021 and believe we are on track for even greater results in 2022 and beyond.”

Second Quarter 2021 Financial Results Compared to Second Quarter 2020

Revenue in the second quarter of 2021 was $91.6 million compared with $72.5 million in the second quarter of 2020, reflecting higher revenue across a broad range of the Company’s customers, more than offsetting $12.3 million of lower revenue tied to the Vogtle 3 & 4 nuclear construction project.

Gross profit was $9.4 million, or 10.2% of revenue, compared with $9.4 million, or 12.9% of revenue, in the prior-year period, with the lower margin reflecting changes in project mix and lower Vogtle-related work. Gross margins in the second quarter of 2021 were also impacted by the timing of a contract incentive related to a multi-year customer contract. The incentive related to the second quarter of 2020 was earned and recorded in the second quarter of 2020 for $1.1 million; the incentive related to 2021 is anticipated to be recorded in the third quarter. Operating expenses were $6.6 million compared with $5.6 million in the second quarter of 2020, reflecting investment in new business development and an increase in stock compensation expense. The Company reported operating income of $2.7 million versus $3.8 million in the prior-year period. Interest expense was $1.2 million in the second quarter of 2021 versus $1.6 million in 2020, as a result of the Company’s refinancing which was completed in the fourth quarter of 2020.

The Company reported net income of $2.9 million, or $0.11 per share, in the second quarter of 2021 compared with net income of $2.5 million, or $0.10 per share, in the prior-year period.

Balance Sheet

Total liquidity (the sum of unrestricted cash and availability under the Revolving Credit Facility) was $20.6 million at the end of the second quarter. The Company anticipates using its cash generation, supported by significant net operating losses (NOLs), to lower indebtedness during the remainder of fiscal 2021. As of June 30, 2021, the Company had $7.7 million of unrestricted cash and cash equivalents, $0.5 million of restricted cash, and $33.6 million of bank debt compared with $8.7 million of unrestricted cash and cash equivalents, $0.5 million of restricted cash, and $32.1 million of bank debt as of December 31, 2020.

Backlog

Total backlog as of June 30, 2021 was $664.4 million compared with $460.6 million on March 31, 2021. The Company recognized revenue of $91.6 million in the second quarter, booked new awards of $262.2 million, and saw net adjustments and cancellations of $33.2 million, primarily reflecting work scope expansion.

Williams estimates that approximately $199.5 million, or 30.0% of total backlog, will be converted to revenue in the following twelve months and $123.4 million, or 18.6%, of total backlog, will be converted to revenue within the remainder of the fiscal year. This compares with $182.4 million of backlog on March 31, 2021 that the Company anticipated would be converted to revenue over the succeeding twelve-month period.

Outlook

The Company reaffirmed previous guidance (issued February 8, 2021) for the current fiscal year.

*See Note 1 — Non-GAAP Financial Measures for information regarding the use of Adjusted EBITDA and forward-looking non-GAAP financial measures.

Webcast and Teleconference

The Company will host a conference call today, August 18, 2021, at 10:00 a.m. Eastern time. A webcast of the call and an accompanying slide presentation will be available at www.wisgrp.com. To access the conference call by telephone, listeners should dial 201-493-6780.

An audio replay of the call will be available later that day by dialing 412-317-6671 and entering conference ID number 13722254; alternatively, a webcast replay can be found at http://ir.wisgrp.com/, where a transcript will be posted once available.

About Williams

Williams Industrial Services Group has been safely helping plant owners and operators enhance asset value for more than 50 years. The Company is a leading provider of infrastructure related services to blue-chip customers in energy and industrial end markets, including a broad range of construction maintenance, modification, and support services. Williams’ mission is to be the preferred provider of construction, maintenance, and specialty services through commitment to superior safety performance, focus on innovation, and dedication to delivering unsurpassed value to its customers.

Additional information about Williams can be found on its website: www.wisgrp.com.

Forward-looking Statement Disclaimer

This press release contains “forward-looking statements” within the meaning of the term set forth in the Private Securities Litigation Reform Act of 1995. The forward-looking statements include statements or expectations regarding the Company’s ability to perform in accordance with guidance, build and diversify its backlog and convert backlog to revenue, realize opportunities, including receiving contract awards on outstanding bids and successfully pursuing future opportunities, benefit from potential growth in the Company’s end markets, including the possibility of increased infrastructure spending by the U.S. federal government, and successfully achieve its growth and strategic initiatives, including decreasing the Company’s outstanding indebtedness, future demand for the Company’s services, and expectations regarding future revenues, cash flow, and other related matters. These statements reflect the Company’s current views of future events and financial performance and are subject to a number of risks and uncertainties, some of which have been, and may further be, exacerbated by the COVID-19 pandemic, including the Company’s level of indebtedness and ability to make payments on, and satisfy the financial and other covenants contained in, its debt facilities, as well as its ability to engage in certain transactions and activities due to limitations and covenants contained in such facilities; its ability to generate sufficient cash resources to continue funding operations and the possibility that it may be unable to obtain any additional funding as needed or incur losses from operations in the future; exposure to market risks from changes in interest rates; failure to maintain effective internal control over financial reporting and disclosure controls and procedures; the Company’s ability to attract and retain qualified personnel, skilled workers, and key officers; failure to successfully implement or realize its business strategies, plans and objectives of management, and liquidity, operating and growth initiatives and opportunities, including its expansion into international markets and its ability to identify potential candidates for, and consummate, acquisition, disposition, or investment transactions; the loss of one or more of its significant customers; its competitive position; market outlook and trends in the Company’s industry, including the possibility of reduced investment in, or increased regulation of, nuclear power plants, declines in public infrastructure construction, and reductions in government funding; the failure of the U.S. Congress to pass infrastructure-related legislation benefiting the Company’s end markets; costs exceeding estimates the Company uses to set fixed-price contracts; harm to the Company’s reputation or profitability due to, among other things, internal operational issues, poor subcontractor performances or subcontractor insolvency; potential insolvency or financial distress of third parties, including customers and suppliers; the Company’s contract backlog and related amounts to be recognized as revenue; its ability to maintain its safety record, the risks of potential liability and adequacy of insurance; adverse changes in the Company’s relationships with suppliers, vendors, and subcontractors; compliance with environmental, health, safety and other related laws and regulations; limitations or modifications to indemnification regulations of the U.S. or Canada; the Company’s expected financial condition, future cash flows, results of operations and future capital and other expenditures; the impact of general economic conditions including the current economic disruption and any recession resulting from the COVID-19 pandemic; the impact of the COVID-19 pandemic on the Company’s business, results of operations, financial condition, and cash flows, including the potential for additional COVID-19 cases to occur at the Company’s active or future job sites, which potentially could impact cost and labor availability; information technology vulnerabilities and cyberattacks on the Company’s networks; the Company’s failure to comply with applicable laws and regulations, including, but not limited to, those relating to privacy and anti-bribery; the Company’s participation in multiemployer pension plans; the impact of any disruptions resulting from the expiration of collective bargaining agreements; the impact of natural disasters and other severe catastrophic events (such as the ongoing COVID-19 pandemic); the impact of changes in tax regulations and laws, including future income tax payments and utilization of net operating loss and foreign tax credit carryforwards; volatility of the market price for the Company’s common stock; the Company’s ability to maintain its stock exchange listing; the effects of anti-takeover provisions in the Company’s organizational documents and Delaware law; the impact of future offerings or sales of the Company’s common stock on the market price of such stock; expected outcomes of legal or regulatory proceedings and their anticipated effects on the Company’s results of operations; and any other statements regarding future growth, future cash needs, future operations, business plans and future financial results.

Other important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including the section of the Annual Report on Form 10-K for its 2020 fiscal year titled “Risk Factors.” Any forward-looking statement speaks only as of the date of this press release. Except as may be required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, and you are cautioned not to rely upon them unduly.

NOTE 1 — Non-GAAP Financial Measures

Adjusted EBITDA-Continuing Operations

Adjusted EBITDA is not calculated through the application of GAAP and is not the required form of disclosure by the U.S. Securities and Exchange Commission. Adjusted EBITDA is the sum of the Company’s income (loss) from continuing operations before interest expense, net, and income tax (benefit) expense and unusual gains or charges. It also excludes non-cash charges such as depreciation and amortization. The Company’s management believes adjusted EBITDA is an important measure of operating performance because it allows management, investors and others to evaluate and compare the performance of its core operations from period to period by removing the impact of the capital structure (interest), tangible and intangible asset base (depreciation and amortization), taxes and unusual gains or charges (stock-based compensation, other professional fees, franchise taxes, foreign currency (gain) loss, and settlement expenses), which are not always commensurate with the reporting period in which such items are included. Williams’ credit facilities also contain ratios based on EBITDA. Adjusted EBITDA should not be considered an alternative to net income or as a better measure of liquidity than net cash flows from operating activities, as determined by GAAP, and, therefore, should not be used in isolation from, but in conjunction with, the GAAP measures. The use of any non-GAAP measure may produce results that vary from the GAAP measure and may not be comparable to a similarly defined non-GAAP measure used by other companies.

Note Regarding Forward-Looking Non-GAAP Financial Measures

The Company does not provide a reconciliation of forward-looking non-GAAP financial measures to their comparable GAAP financial measures because it could not do so without unreasonable effort due to the unavailability of the information needed to calculate reconciling items and due to the variability, complexity and limited visibility of the adjusting items that would be excluded from the non-GAAP financial measures in future periods.

Investor Contact:
Chris Witty
Darrow Associates
646-345-0998
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HOUSTON--(BUSINESS WIRE)--Calpine Corporation (Calpine), America’s premier privately held competitive power company, published its first-ever sustainability report today. The report highlights Calpine’s performance through an environmental, social and governance (ESG) lens, examining the company’s state-of-the-art portfolio of clean, flexible, and reliable power plants and renewable generation. Today, Calpine is the nation’s largest generator of electricity from natural gas and geothermal resources, generating more than 111 million megawatt hours (MWh) in 2020.

“As a privately held company, our commitment to environmental stewardship is about staying true to the values that have driven nearly 40 years of leadership in building a brighter future for our employees, our customers and our community,” said Calpine President and Chief Executive Officer Thad Hill. “Sustainability is woven deeply into every aspect of our work, from safety and corporate governance to tackling climate change – the challenge of our time. This inaugural report reflects our pride in Calpine’s accomplishments and our dedication to driving continuous progress in the years ahead.”

To develop the report, Calpine engaged an independent and respected third party to conduct a materiality assessment of its operations. The report content and disclosures are in accordance with the Global Reporting Initiative Standards and Sustainability Accounting Standards Board Standard for Electric Utilities and Power Generators.

Highlights of Calpine’s 2020 Sustainability Report include:

• Generating over 111 MWh of electricity from cleaner fuels and renewable resources;
• Operating the largest geothermal electrical generation complex in the world, The Geysers, which generates approximately 48% of California’s renewable geothermal power;
• Closing a $1.1 billion Climate Bonds-certified financing;
• Recording zero material spills of hazardous substances;
• Calpine Energy Solutions being recognized as a Silver-Accredited Renewable Energy Partner in North America by CDP;
• Donating $3 million to charitable organizations and community events, including more than $1.6 million to COVID-19 relief efforts; and
• Providing approximately $200,000 in tuition reimbursement, scholarships and vocational grants to employees and dependents.

The report also details Calpine’s strong advocacy for state and federal policies to reduce carbon emissions – including through a national price on carbon – and its support for global climate initiatives like the Paris Agreement.

To view the full report, click here.

About Calpine

Calpine Corporation is America’s largest generator of electricity from natural gas and geothermal resources with operations in major competitive wholesale and retail power markets across the U.S. Through wholesale power operations and our retail businesses, Calpine’s diverse team of approximately 2,300 employees serves customers across 22 states, Canada and Mexico. Calpine operates a fleet of 76 power plants representing nearly 26,000 MW of generation capacity. Environmental stewardship is fundamental to Calpine’s philosophy and culture; in addition to operating the largest geothermal facility in the world and the youngest, most efficient fleets of gas-fired power plants, Calpine has been a long-time advocate of the Clean Power Plan, Paris Agreement, carbon pricing and decarbonization.

If you would like to learn more about Calpine and our sustainability efforts, please visit CalpineActsOnClimate.com, or follow us at Twitter.com/Calpine or Linkedin.com/Calpine.

Brett Kerr
Vice President, External Affairs
Calpine Corporation
+1-713-830-8809
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CEC Program to Aid in Scaling Manufacturing Processes for Energy-generating Commercial Windows

SANTA BARBARA, Calif.--(BUSINESS WIRE)--NEXT Energy Technologies, Inc., makers of a proprietary transparent photovoltaic (PV) coating that transforms commercial windows into energy-producing solar panels, today announced that it was awarded a $3 million grant by the California Energy Commission (CEC) to scale-up and demonstrate its innovative glass-coating technology process for fabrication of solar power-generating windows.

The project, “Rapid Innovation Development of Energy Generating Windows for Zero-and Negative-Carbon Emission Buildings,” was awarded to NEXT after the successful demonstration of directly coating its existing proprietary organic semiconducting technology onto large sheets of heat-treated glass. The method will allow for a more seamless application into the window manufacturing process that leads to much higher margins with low capital cost equipment.

Per the program, NEXT will use these funds to produce pilot-sized energy-generating windows and demonstrate its production processes using all pilot production manufacturing methods over the next several months.

“This project will allow us to demonstrate our manufacturing method of printing our PV film directly onto large sheets of heat-treated window glass. Our solution enables reduced distortions in the glass during the coating process and allows the commercial glass to be suitable for precision coatings,” said Corey Hoven, founder and CTO at NEXT. “Our model is designed to serve window manufacturers at the point of fabrication, allowing them to increase the value of their products with absolutely minimal disruption. Demonstrating our coating process is key to this seamless integration approach.”

A Supply Chain Solution to The Climate Crisis

NEXT’s photovoltaic coatings are applied to commercial windows during the window fabrication process, integrating with existing manufacturers without disrupting established workflows and supply chains. This capital-efficient business model reduces risks to customers, removes barriers to adoption, and accelerates speed to market, all while creating a high-value product. This direct integration into traditional commercial window and framing systems effectively extracts costs typically associated with the packaging and installation of solar energy solutions.

“The Energy Commission is proud to support the continuing development of NEXT Energy Technologies’ game-changing window technology,” said CEC chair David Hochschild. “Their novel application of solar technology will help commercial buildings become more energy-efficient and will help California advance its nation-leading climate and energy goals.”

Meeting the 2022 Building Energy Efficiency Standards

On August 11, 2021, the CEC adopted the 2022 Building Energy Efficiency Standards (Energy Code) for newly constructed and renovated buildings that will produce benefits to support the state’s public health, climate and clean energy goals.

“The 2022 Energy Code firmly pivots California’s buildings toward the clean, low-carbon technologies that are the bedrock on which our collective path forward will rest. This foundation will help the state meet its critical long-term climate and carbon neutrality goals, said CEC Commissioner, J. Andrew McAllister in a press release.

Among other initiatives, the 2022 Energy Code includes plans to expand solar PV systems and battery storage standards for all California buildings to support the state’s progress toward a 100% clean electricity grid. The Energy Code will be submitted to the California Building Standards Commission (CBSC) and If approved, will go into effect on January 1, 2023.

To support the state’s goal, and to meet other international energy standards, NEXT is working to repurpose a traditionally energy-inefficient building material to reduce commercial buildings’ energy consumption.

Installed in a typical commercial high-rise office building, the first generation of NEXT windows will offset as much as 10-20% of its power needs, and over a 30-year timeframe, such a building would produce about 20 million kWh of clean power, saving an average of $170,000 annually on utility bills and reducing 14,500 metric tons of carbon dioxide from the atmosphere, the equivalent of powering 1,700 homes for an entire year. In the coming years, NEXT windows will be commercially available for window sizes up to 5 ft. x 10 ft (1.5 x 3 meters).

The announcement of this grant comes just weeks after NEXT delivered a proof-of-concept solar window wall to its partners at Bouygues Construction.

About NEXT Energy Technologies, Inc.

NEXT Energy Technologies is a Santa Barbara, California company developing transparent energy harvesting window technology that allows architects and building owners to transform windows and glass facades into producers of low-cost, on-site, renewable energy for buildings. NEXT's technology is enabled by proprietary organic semiconducting materials that are earth-abundant, low-cost, and are coated as an ink in a high-speed, low-cost, and low energy process. For more information, visit https://www.nextenergytech.com/.

Eric Becker
104 West Partners for NEXT Energy Technologies
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-Event Unites Entrepreneurs, Investors, Academics, and Media with an All-Star Speaker Line-Up and Topics that Educate, Inspire, and Propel Action-

HOBOKEN, N.J.--(BUSINESS WIRE)--Propelify Innovation Festival, powered by TechUnited:NJ, returns as a one-day, outdoor event on October 6, 2021 (rain date: October 7) at Maxwell Place Park in Hoboken, NJ, and streaming to participants worldwide. The event celebrates innovation and entrepreneurship, giving attendees a unique opportunity to connect, learn, and grow their businesses.

“As one of the world's largest tech events, we're excited to host another year of Propelify to unite innovators who propel ideas into action,” said Propelify Founder and TechUnited CEO Aaron Price. “For entrepreneurs who want to build their companies faster and smarter, Propelify is the place for you. For investors who want early access to the deals they'll soon read about in the headlines, we'll see you there. And for larger companies and innovators who want a front-row seat to ideas and talent that will disrupt their industry, Propelify must not be missed."

Propelify has a reputation for serving talks that never shy away from harsh truths, and hosting heated debates and exciting competitions. With entrepreneurship and innovation as the overarching topics of discussion, there are four main areas the event will explore:

• BetterPlanet: Clean technology, sustainability, and environmental justice
• BetterConnected: Smart cities, IoT, and communication
• BetterWellness: Health technology, pharma, and life sciences
• BetterTogether: Diversity, inclusion, and social justice

To attend these sessions remotely, participants register at propelify.com. All in-person attendees must show proof of a Covid vaccination.

To further propel innovative new companies directly solving our communities’ challenges, there are prizes available to one start-up promoting electrified transportation and two startups promoting health and wellness. The TechUnited:BetterPlanet Challenge, in partnership with PSEG and TechUnited:BetterWellness Challenge, in partnership with RWJBarnabas Health will award a total of $100,000 in cash prizes during the Challenge Finals events at Propelify.

“Propelify is a wonderful celebration of the technology and innovation that makes our cities and towns thrive, our bodies and minds healthier, our planet cleaner, and our communities full of inclusion and opportunity,” said Governor Phil Murphy. “I’m excited to see so many startups, entrepreneurs, and innovators come together in the state of New Jersey to learn, share ideas, and propel those ideas into action.”

Industry leaders taking to the stage at Propelify 2021 include:

• Nanit CEO - Sarah Dorsett
• Apartment Therapy Founder & CEO - Maxwell Ryan
• Audible CTO - Tim Martin
• Capsule Founder & CEO - Eric Kinariwala
• Boxed Founder & CEO - Chieh Huang
• Choose Yourself Media Entrepreneur & Angel Investor - James Altucher
• PSEG Chairman, President & CEO - Ralph Izzo
• Verizon CRO - Sampath Sowmyanarayan
• RWJBarnabas Chief Strategy and Business Development Officer - Mark E. Manigan
• Speaker list - more to be announced

About Propelify

The Propelify Innovation Festival (propelify.com) empowers innovators and entrepreneurs to advance their businesses and careers. Over the years, the Propelify Innovation Festival has welcomed over 35,000 attendees, hundreds of exhibitors, and world-renowned speakers like Arianna Huffington, Gary Vaynerchuk, James Altucher, Beth Comstock, Gov. Phil Murphy, and more. The gathering features talks, tech, drones, investors, VR, AI, startup competitions, music, food, and drinks, earning a recognition from Forbes as "The SXSW of the Northeast."

About TechUnited

TechUnited:NJ (techunited.co) is a membership-driven, non-profit organization with over 500,000 innovator members that offers opportunities for tech-enabled companies and entrepreneurs to propel the future of New Jersey and beyond through events, mentorship, content creation, and more. Founded in 1996 as the NJ Technology Council (NJTC), the organization has established itself as the premiere advocate for the technology community in the region. In 2005, the NJTC helped start a successful venture fund in Tech Council Ventures. In 2019, the NJTC acquired the Propelify Innovation Festival to cast a wider net in the region’s startup community. In 2020, the organization rebranded as TechUnited:NJ and redefined its mission to empower innovators and entrepreneurs who build a better future for all.

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SALT LAKE CITY & KANSAS CITY, Mo.--(BUSINESS WIRE)--Savage is partnering with Kansas City Southern (KCS) (NYSE: KSU) to construct a multi-commodity railport with transload and railcar storage capabilities in Mossville, La. Savage will own and operate the railport, being built on property leased from KCS at its Mossville Rail Yard. Savage’s Mossville facility is expected to be operational by January 2022 and will optimize and provide a critical link in the supply chains of Lake Charles area refineries, chemical plants and other businesses.

“Savage has a longstanding relationship with KCS and we’re excited to open this new Louisiana railport and provide a sizable transload and storage facility at their Mossville yard in the coming months,” said Savage President and CEO Kirk Aubry. “We’ve provided rail and loading services for Customers in the Lake Charles area for many years, and look forward to making a difference for even more businesses in Southwest Louisiana.”

“We are excited about this partnership with Savage, as the Louisiana railport will provide additional rail capacity and new services for shippers in the Mossville and Lake Charles region, which will expand their supply chain choices and allow for more competitive shipping options,” said KCS President and CEO Pat Ottensmeyer.

Savage’s Mossville railport is part of the growing Savage Transload Network of about 50 multi-commodity, rail-connected terminals across North America, and the first developed in partnership with KCS. When completed, the Mossville railport will include over 70 active transloading spots (expanded from 40 existing spots) for moving chemicals, refinery products and other materials between trucks and railcars. It will also have 600 spots for railcar storage, enabling plants, refineries and other area businesses to store railcars closer to their facilities. The railport also provides access to moving products into Mexico on KCS rail lines.

Savage’s transportation (rail, truck, marine), logistics, materials handling and DBOOM (design, build, own, operate, maintain) services can help businesses of all types and sizes safely move and manage bulk materials. For business opportunities, contact Dan Price at This email address is being protected from spambots. You need JavaScript enabled to view it. or (219) 322-0004.

About Savage

Celebrating 75 years in business, Savage is a global provider of industry infrastructure and supply chain services, with nearly 4,500 Team Members in over 200 locations. The Company’s work in transportation, logistics, materials handling and other services enables its Customers and Partners to Feed the World, Power Our Lives and Sustain the Planet. www.savageservices.com/savage-companies

About Kansas City Southern

Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south-central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com.

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The new Tukwila, WA center underscores the urgent patient need for plasma while supporting Takeda’s sustainability goal to have zero carbon emissions by 2040

TUKWILA, Wash.--(BUSINESS WIRE)--BioLife Plasma Services, part of the global biopharmaceutical company Takeda Pharmaceutical Company Limited, today announced the opening of an all-electric plasma donation center in Tukwila, WA. The new center opening is the first in a sustainability initiative to build all-electric plasma donation centers in the United States (U.S.), contributing to the company’s dedication to deliver better health for people and a brighter future for the world by addressing the urgent need for plasma as well as key environmental challenges.

“It is vital we grow and transform our operations responsibly and sustainably with respect for the people and communities that we serve,” said Sanjay Bhana, Head of U.S. BioLife Operations. “This first all-electric center represents our commitment and leadership in sustainability performance and outcomes, both from an environmental standpoint as well as ensuring a steady supply of medicine developed from plasma, a lifeline for thousands of people who are immune-compromised or live with a variety of other complex conditions. Leading by example, we are empowering our employees to go above and beyond to help conserve the world’s natural resources.”

As the demand for medicine developed from plasma increases, BioLife is expanding to help meet the urgent need for plasma donations. The all-electric Tukwila center is part of BioLife’s growing network of more than 150 state-of-the-art plasma donation centers in the U.S., recognized for their world-class donation safety standards. Plasma donations received at BioLife centers are used by Takeda to make established therapies that treat a range of rare and complex conditions, such as immunodeficiency disorders, for which there are often no alternative treatments.

The commitment to build all-electric plasma donation centers is part of Takeda’s dedication to making environmental stewardship and resource conservation central to its business operations and practices. This is one of several dedicated programs to continue to reduce the company’s environmental footprint. BioLife Plasma Services is a key contributor to Takeda’s pledge to have zero carbon emissions resulting from its own operations by 2040, zero waste to landfill from its major locations by 2030 and a 5% reduction in water use by 2025. More specifically, BioLife will be addressing key environmental concerns through efforts that involve on-site renewable technology, energy efficiency and waste reduction – including working to eliminate single-use plastics – to help meet Takeda’s sustainability goals.

Prospective donors can make online appointments to visit the Tukwila center (5951 S 180th St, Ste 101, Tukwila, WA 98188), which opens on Saturday, August 21. Individuals who choose to donate must pass a physical examination at their first visit and are screened at each visit to ensure they meet eligibility criteria. All donors are compensated for their time and commitment.

To learn more about BioLife Plasma Services, the donation process and to schedule an appointment, please visit the BioLife website. Learn more about Takeda’s commitment to environmental sustainability on the company’s website.

About BioLife Plasma Services

BioLife Plasma Services is an industry leader in the collection of high-quality plasma that is processed into life-saving plasma-based therapies. Founded in 2002, BioLife has been in operation for 18 years. We operate more than 180 state-of-the-art plasma collection facilities across the United States and Europe. BioLife Plasma Services is part of Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK), a global values-based, R&D-driven pharmaceutical company that produces and delivers plasma-based therapies among other specialty medicines. For more information, visit BioLifePlasma.com.

About Takeda Pharmaceutical Company Limited

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) is a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to discover and deliver life-transforming treatments, guided by our commitment to patients, our people and the planet. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Genetics and Hematology, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people's lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in healthcare in approximately 80 countries and regions. For more information, visit https://www.takeda.com.

About Plasma

Plasma is the clear, straw-colored liquid portion of blood that can be easily replaced by the body. Plasma makes up more than half of whole blood and consists primarily of water and proteins. During plasma donation, a donor’s blood is collected into an automated device that separates the plasma from the other whole blood components, including red and white blood cells and platelets. While the plasma is collected, the other blood components are returned to the donor. Each donation procedure uses sterile and disposable collection materials. The body quickly replaces the plasma removed during the donation process, which allows healthy individuals to donate as often as twice in a seven-day period, with at least one day between donations.

Media:
Alicia Highlander
BioLife Plasma Services
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Lauren Barbiero
Real Chemistry
(646) 564-2156
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LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy Partners, LP (“TEP”) announced today that the tender offer (the “Tender Offer”) commenced on August 11, 2021 to purchase any and all of the outstanding 5.50% Senior Notes due 2024 (the “Notes”), co-issued by TEP and Tallgrass Energy Finance Corp., a wholly owned subsidiary of TEP (together with TEP, the “Issuers”), expired at 5:00 p.m. New York City Time on August 17, 2021 (the “Expiration Time”).

According to Global Bondholder Services Corporation, the tender agent for the offer, valid tenders had been received at the expiration of the offer in the amount and percentage set forth in the table below.

⁽¹⁾Tendered principal amount excludes $2,057,000 aggregate principal amount of the Notes tendered pursuant to the guaranteed delivery procedures described in the Offer to Purchase.

TEP expects to accept for purchase all Notes validly tendered and not validly withdrawn as of the Expiration Time and expects to make payment for any such Notes later today. The settlement date for Notes tendered pursuant to guaranteed delivery procedures is expected to be August 20, 2021.

TEP will use a portion of the proceeds from the issuance of $500 million aggregate principal amount of the Issuers’ 6.000% Senior Notes due 2031 (the “New Notes”), which is expected to close today, for the payment of all Notes to be purchased in the Tender Offer. TEP’s obligation to accept and pay for the tendered Notes is conditioned on, among other things, the closing of the offering of the New Notes (the “Notes Offering”). Subject to the completion of the Notes Offering, TEP intends to exercise its right to redeem any Notes that were not tendered in the Tender Offer. The redemption date is expected to be on or about September 17, 2021. The redemption price for the Notes will be 101.375% of the aggregate principal amount being redeemed, plus accrued and unpaid interest on the Notes redeemed to, but not including, the redemption date.

The Tender Offer was made pursuant to the terms and conditions contained in the Offer to Purchase, Letter of Transmittal and Notice of Guaranteed Delivery, copies of which may be obtained from Global Bondholder Services Corporation, by calling (866) 794-2200 (toll free) or, for banks and brokers, (212) 430-3774. Copies of the Offer to Purchase, Letter of Transmittal and Notice of Guaranteed Delivery are also available at the following web address: https://www.gbsc-usa.com/tallgrass/.

TEP has retained MUFG Securities Americas Inc. to serve as the exclusive Dealer Manager for the Tender Offer. Questions regarding the terms of the Tender Offer may be directed to MUFG Securities Americas Inc at (toll free) (877) 744-4532 or (212) 405-7481.

This press release is neither an offer to purchase nor a solicitation of an offer to sell any Notes in the Tender Offer. In addition, this press release is not an offer to sell or the solicitation of an offer to buy any securities issued in connection with any contemporaneous notes offering, nor shall there be any sale of the securities issued in such offering in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This press release does not constitute a notice of redemption under the indenture governing the Notes.

About Tallgrass Energy

Tallgrass Energy is a leading energy and infrastructure company operating across 11 states with transportation, storage, terminal, water, gathering and processing assets that serve some of the nation’s most prolific crude oil and natural gas basins.

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The ranking comes as the leading Internet of Things (IoT) solutions provider for worksites gears up for a global expansion following a recent private investment round

NORWALK, Conn.--(BUSINESS WIRE)--#Connected--Triax Technologies, Inc., a leading Internet of Things (IoT) solutions provider connecting construction, energy, manufacturing and industrial worksites, has been selected for Inc. magazine’s annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.

Increased adoption of Triax Technologies’ wearable technology solutions that improve worksite safety and an overall growth in demand for wearable IoT technology helped propel Triax to #107 on the list. In the past year, Triax added many new clients and industry verticals, including energy, mining and manufacturing, to its already established construction client base. At the outset of the COVID-19 pandemic, Triax developed the social distancing and contact tracing solution Proximity Trace, making Triax a critical partner in helping organizations create a safe work environment and keep their doors open. The company has taken this capability a step further by updating the product in a new release called Spot-r Radius, which incorporates additional safety and efficiency capabilities to the social distancing and contact tracing of Proximity Trace to assist clients on their digital transformation journey.

The company recently closed a $12.5 million Series A Funding Round and is adding to their team as part of a strategic growth and global expansion plan.

“As we accelerate our growth using our wearable technology to bring data-driven insights to our clients, our focus remains on the mission of providing solutions to keep workers safer and worksites more efficient,” said Robert Costantini, CEO of Triax. “Working with our innovative clients, we deploy a robust and scalable technology that changes the way enterprise-class worksite operations function.”

Triax’s full product suite of safety and efficiency solution platforms, which also includes Spot-r Mesh, Spot-r Radius and Spot-r Access, provides data insights to help clients digitally transform their worksites.

The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment—independent small businesses. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.

About Triax Technologies, Inc.

Triax Technologies, Inc. develops and delivers a fully connected loT worksite platform through a proprietary communication hub designed for industries such as construction, energy, oil & gas, manufacturing, mining, heavy industrial and other challenging IT environments. Its Spot-r suite of wearable solutions addresses diverse digital needs, providing data-driven visibility to elevate worksite safety, productivity and security, while minimizing health and safety risks. Triax enables intelligent, actionable insights, helping firms work safer and smarter. The company is privately held and based in Norwalk, Conn. More information can be found at www.triaxtec.com.

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Twitter: @TriaxSpotr

*Proximity Trace is a trademark of Triax Technologies, Inc.

Media Contact:
Hollywood Agency
Steve Saleeba
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