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Cooper Standard Names Quinn Vice President, Chief Commercial and Strategy Officer

Cooper Standard Holdings Inc.

Cooper Standard (NYSE: CPS) today announced the appointment of Shannon B. Quinn to vice president, chief commercial and strategy officer. In her new role, Quinn will be responsible for the global commercial group and corporate strategy, and will report to Patrick Clark, senior vice president and managing director – global automotive. Based at the Company's world headquarters in Northville, Quinn will also join Cooper Standard’s Global Leadership Team. “With more than 25 years of experience spanning a wide range of functions and product areas, Shannon is a great fit for her new role as chief commercial and strategy officer and member of our Global Leadership Team,” said Clark. “She is a creative, proactive and an enthusiastic leader with an established record of improving performance. We are pleased to welcome Shannon to Cooper Standard and I am confident that she will be a key contributor in the continued growth and progress of the Company.” Prior to joining Cooper Standard, Quinn served as president, consumer original equipment (OE) North America for Bridgestone Corp. from 2017 to 2022. In this role, she was responsible for leading business development, commercial negotiations, program management, strategy and the overall profit and loss for the business unit. She also led the new initiative to expand Bridgestone’s overall business with new OE’s and new mobility players. Previously, she held titles of increasing responsibility at Adient and its predecessor Johnson Controls, serving as vice president, Ford business unit, where she was responsible for leading all new business pursuit opportunities and generation of revenue plans supporting overall business projections. She joined the global automotive supplier as managing director for the Ford business unit in 2011. From 2000 to 2011, Quinn held several strategic commercial positions with Visteon Corp. She began her career as a product engineer at Ford Motor Co. in 1991. Quinn earned a Bachelor of Science degree in industrial engineering from Purdue University in West Lafayette, Indiana and a Master of Business Administration from Eastern Michigan University in Ypsilanti. She has also completed multiple exclusive executive leadership development programs. She has served as an OESA (Original Equipment Supplier Association) director and an Automotive Hall of Fame board director. Quinn currently serves as a board director for Vista Maria and the Board Development Committee. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. # # # CPS_G Contact Details Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Company Website http://www.cooperstandard.com/

April 11, 2022 08:30 AM Eastern Daylight Time

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Volatus Aerospace Provides Intelligence, Surveillance, and Reconnaissance Drones to Support Ukraine

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV:VOL, OTCQB:VLTTF) ("Volatus" or "the Company") is pleased to announce that it has begun delivery of intelligence, surveillance, and reconnaissance (“ISR”) drones to a consortium of organizations that are focused upon the three critical areas of support to Ukraine: medical supplies, non-lethal military equipment, and assistance to displaced persons. In addition to the ISR unmanned aircraft, Volatus is providing anti-drone systems and training. Under the terms of various supply agreements, Volatus has made initial shipments to humanitarian organizations like Mriya Aid, and Second Front Ukraine Foundation - a registered Canadian not-for-profit corporation working with trusted partners across North America and in Ukraine to deliver goods necessary to protect the lives of Ukrainians in the face of Russian aggression. To meet the growing need for this equipment, Volatus is prepared to fulfill continuing requirements for its products. Volatus CEO, Glen Lynch, commented: "We are honoured and proud to support Second Front, Mriya Aid, and others. This technology provides accurate real-time intelligence while reducing risk to the people who have chosen to serve, and, as recent videos have highlighted, civilians who are at significant risk." Source: Volatus Aerospace Corp. TSXV: VOL About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, Latin America and most recently in Europe. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Information: This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

April 11, 2022 07:45 AM Eastern Daylight Time

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Accelerate Maryland Partners (AM Partners) Applauds Center for Regional Analysis Report Highlighting Economic Boon Bringing $12.6 Billion to Maryland and the Washington, DC Region.

AM Partners

Earlier this week, The Center for Regional Analysis (CRA) at George Mason University released a new preliminary assessment report with the following; highlighting a new report that found building a new American Legion Bridge and expanding the Washington DC region's network of managed toll lanes into Maryland will generate $12.6 billion in construction related economic activity, support 43,400 job-years of employment (a job-year is one job lasting for one year) and boost regional labor income by more than $3.3 billion. The proposed project will construct a new American Legion Bridge across the Potomac River and add 37 miles of highway improvements from the south side of the bridge as part of the I-495/I-270 corridor to Frederick MD. This project will connect Maryland with the expanding managed toll lane network in Northern Virginia. Phase north of the project along I- 270 from I-370 to I-70, is part of an ongoing, federally required environmental study which considers an array of highway improvements to address roadway congestion. “Building this important regional mobility asset will cost about $6 billion. The economic impacts of that spending will be mostly realized in the Maryland suburbs but will be felt across our region,” said Terry Clower director of the CRA. “The jobs supported by this project will boost regional labor income by more than $3.3 billion.” Accelerate Maryland partners (AM Partners) is the private entity in a new Public-Private-Partnership (P3) with the state of Maryland to finance and build the project without local or state tax dollars. Transurban whose North American headquarters is located in Tysons and currently operates 53 miles of managed to lane facilities known as express lanes in Northern Virginia is leading the AM Partners team along with Macquarie Group. Managed toll lanes, a fast-growing approach to traffic management that has been successfully implemented in major cities around the world, allows drivers the choice of paying a dynamically priced toll to use restricted access lanes. Using a free-market approach, the value of the toll varies to encourage or discourage the number of users so that traffic flows on the managed lanes remain relatively unencumbered. The proposed managed toll lanes would allow transit and high occupancy vehicles three or more passengers to use the managed lanes at no cost. “The new roads and bridge are crucial to promoting regional economic competitiveness, Clower added. “State and local leaders recognize that mobility is a key determinant of economic success,” he said. “This will generate economic contributions to the region for decades to come.” The full report and additional information about the study may be found here. (Information contained in this release was from a release posted by the Center for Regional Analysis on Monday, April 4, 2022. The full release may be found here ). ### About AM Partners The AM Partners consortium is led by Transurban and Macquarie Capital, whose collective experience spans more than 90 successful P3 projects globally, including Virginia’s 495, 95 and 395 Express Lanes network – the largest urban P3 toll network in the U.S. with all segments delivered on time and on budget. The consortium seeks to extend the benefits of Virginia’s neighboring Express Lanes network that has saved more than seven million drivers a total of 17 million hours of time, while generating an estimated $7 billion in economic impact and 46,000 jobs in the Greater Washington Area through its development and construction since 2012. AM Partners was selected in February 2021 as Maryland’s preferred Developer for the American Legion Bridge I-270 to I-70 Relief Plan. AccelerateMarylandPartners.com Contact Details Karyn Le Blanc +1 202-497-4572 karyn.leblanc@kglcommunications.com Company Website https://www.acceleratemarylandpartners.com/

April 06, 2022 02:51 PM Eastern Daylight Time

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DESPITE RESTRICTIONS TRAVEL TECHNOLOGY COMPANIES LEADING GLOBAL RECOVERY

Travel Tech

The US Travel Technology Association (Travel Tech), the voice of the travel technology industry, and eu travel tech today released comprehensive research reports from Phocuswright, the world’s leading travel industry research authority. The research shows travel industry innovators, including global distribution systems (GDS), online travel agencies (OTA) and metasearch companies, travel management companies (TMC), and short-term rental (STR) platforms (in the United States and Europe) bring competition and consumer choice to the marketplace and are leading the COVID-19 economic recovery. According to the Phocuswright research, independent travel intermediaries have a key role in the travel sector rebound. Despite a 61% gross travel revenue drop in 2020 attributable to the COVID-19 pandemic, consumers are much more likely to return to trusted platforms to assist with travel planning and shopping. “Independent distribution facilitated by GDSs, OTAs, Metasearch and TMCs, is paramount to supporting and growing a travel economy that is affordable and accessible to travelers worldwide”, explains Steve Shur, President of US Travel Tech. “This important analysis highlights the value of the travel marketplace for consumers and suppliers. Today’s travel and tourism economy relies on the access, competitive environment and reach facilitated by independent distributors. Their technology, innovations, and marketing expertise foster economic growth for travel and tourism providing consumers with competitive shopping experiences.” “Transparency is critical to making informed booking decisions”, stated Emmanuel Mounier, Secretary General of eu travel tech. “From effective comparison shopping to finding the right accommodation for an itinerary, independent distributors are key contributors to building consumer confidence and reigniting the global travel economy. These entities are particularly important during the inspiration and shopping stages. By creating an environment where travelers can easily compare product features, obtain relevant information about safety and regulations for travel and shop prices, they foster a competitive landscape where suppliers must compete for consumers, based on price, services, amenities and offerings.” The research shows a global consensus that the most successful travel suppliers in the COVID-19 recovery era will be those who best partner with travel intermediaries. In addition to gaining broader distribution, it will mean more options, competitive prices, and better service to travelers. Travel suppliers increasingly value the continuing role of independent travel intermediaries in supplementing distribution efforts in a cost-effective manner. Smaller suppliers value the reach, visibility, and additional bookings they can gain from working with the right travel intermediaries. All recognize the significant benefits of travel intermediaries’ pay-per-performance business model for driving supplemental revenue. Some other findings from the research include: Travelers value travel intermediaries for reducing friction by facilitating the easy comparison and booking of multiple, multi-brand options in a single location. In turn, travel intermediaries feature prominently in both the inspiration and shopping stages for travelers, with 39%, 45% and 44% of US consumers using indirect channels to make their latest leisure air, hotel and car rental bookings respectively. Vacation rentals have experienced a strong resurgence, with city dwellers, no longer tied to the office, seeking getaway alternatives – whether in the mountains, beach, suburbs, or countryside. Short-term vacation rental companies are benefiting from this trend. In Europe, in 2020 the hotel sector took leadership positions in terms of market share, representing 41% of gross revenue. The European hotel sector is primarily made up of smaller, independently owned and operated properties (38% of rooms in 2018). Such properties often struggle to gain adequate visibility in front of potential customers, and travel intermediaries, especially OTAs, help bridge the gap between smaller hotels and consumers. This drives the independent hotels revenue and helps them compete better against their branded peers. OTA gross revenue in the US grew from less than $36 billion in 2009 to more than $79 billion in 2019, falling back to $32 billion in 2020. Despite this steep drop, OTAs accounted for 21% of total travel revenue in the U.S. during the 2020 crisis. Phocuswright’s U.S. Corporate Travel Report 2020-2024 estimates that corporate travel revenue fell 71% to $39 billion in 2020 compared to the previous year. The meetings and events spaces were hit harder, with more than 95% of events canceled or postponed. However, a rapid recovery is underway, and gross revenue is expected to grow in the US to $289 billion in 2022 with full recovery expected by 2025. Suppliers in Europe and the US are concerned with the potential entry of big tech into the travel distribution space. Most feel that these companies would quickly evolve into powerful, and perhaps even dominant players, and some fear Google would potentially evolve into the super app of travel. As several of the large tech platforms are increasingly leveraging their scale, deep pockets, and in-depth customer knowledge to enter the travel space and rapidly grab significant market share, they are forcing suppliers and intermediaries alike to spend ever-increasing amounts on pay-per-click advertising to maintain visibility. ### About US Travel Tech The Travel Technology Association (Travel Tech) is the voice of the travel technology industry, advocating for public policy that promotes transparency and competition in the marketplace to encourage innovation and preserve consumer choice. Travel Tech represents the leading innovators in travel technology, including global distribution systems, online travel agencies and metasearch companies, travel management companies, and short-term rental platforms. About eu travel tech eu travel tech represents the interests of travel technology companies. eu travel tech uses its position at the centre of the travel and tourism sector to promote a consumer-driven, innovative and competitive industry that is transparent and sustainable. Our membership spans Global Distribution Systems (GDSs), Online Travel Agencies (OTA), Travel Management Companies in business travel (TMCs) and metasearch sites. For a copy of the research reports, or to schedule an interview with a US or EU Travel Tech spokesperson, contact Jackie Hampton of kglobal. Contact Details Jackie Hampton +1 443-814-0693 jacqueline.hampton@kglboal.com Company Website https://www.traveltech.org

April 06, 2022 08:45 AM Eastern Daylight Time

Ukraine and Libya conflicts microcosms for upending today's world order

Morgan Marketing & Communications

Speakers JASON PACK ( Senior Analyst at the NATO Foundation and President of Libya-Analysis LLC ) and Ambassador Jonathan Winer (Former US Special Envoy to Libya and Non Resident Fellow at the Middle East Institute) will be illuminating today's dis-order in today's geopolitics at the National Press Club in Washington, DC on the occasion of the launch of Mr. Pack's new work, Libya and the Global Enduring Disorder, being held on Monday, April 11th from 3-5PM in the Zenger Room. The world seems to have gone directly from a hegemonic US-led international system to an interregnum in global order. The traditional phase of multipolarity—or a restoration of the balance of power, or even a struggle among rival systems of order, has been skipped. Jason Pack's Libya and the Global Enduring Disorder (Hurst/Oxford University Press) presents the Libya and Ukraine conflicts as an ideal microcosms for examining the collective action failures typical of our new geopolitics. Jonathan Winer's Afterword contextualizes what the Libya conflict reveals about today's international arena. Their talk is an examination of the current state of the world and American and Western policy towards key geostrategic hotspots framed in light of Jason Pack's Enduring Disorder concept. Broadening out from the discoveries of his core research on Libya, he will discuss how the West's response to the Ukraine crisis highlights where today's geopolitics seem to be headed -- bringing into sharp focus the need for a Western-led, rules-based global order. For more background on the book's main argument and its applicability to the current Ukraine crisis consult, Jason's recent pieces in New Lines Magazine Why Putin Is Playing Poker, Not Chess or with Foreign Policy ' Libya’s Chaos Is a Warning to the World '. For Mr Pack's, argument for a more robust transatlantic approach to order the current disorder, see his: When the US shrinks from the stage, things fall apart --- lead article Boston Globe IDEAS Section. For more information on the event, go to https://www.press.org/events/ukraine-libya-and-global-enduring-disorder Morgan Marketing and Communications is a client-based, retained marketing and communications agency in the maritime industry committed to providing its clients with the highest quality professional marketing and communications services available. Our mission is to partner with our clients to meet their needs, and exceed their goals. Contact Details Morgan Marketing & Communications Carleen Lyden Walker +1 203-260-0480 c.walker@morganmarketcomm.com Company Website https://morganmarketcomm.com/

April 05, 2022 04:12 PM Eastern Daylight Time

Russians Attack and Sink Dominican Registered Cargo Vessel in Mariupol

COPE

The Commonwealth of Dominica Maritime Administration reports that motor vessel AZBURG IMO number 9102899 Call Sign J7BG6 MMSI number 325116200 was indiscriminately attacked, sank and completely destroyed while at berth in Mariupol, Ukraine. The vessel was struck by two missile shells while at berth in the port of Mariupol, Ukraine on 3 rd of April 2022 at 11:36 UTC. On 4 th April 2022, around 22:40 LT the vessel was heavily fired upon by Russian armed forces after intentionally shelling the vessel twice a day earlier. Specific characteristics of firing on the vessel remain unknown, crew reported shelling, bombing and repeated hits by missiles, causing a fire in engine room. Further reports of heavy fighting and intensive shelling in the port area by Russian armed forces were received by the Administration On 4 th April 2022, the Commonwealth of Dominica Maritime Administration received information that as a result of the attack and spreading fire, m.v. AZBURG sank at berth 16 in the port of Mariupol Port, Ukraine. The crew managed to evacuate and found refuge on board of neighboring vessels. One person was found wounded and received medical assistance. The crew currently remains under an immense amount of fear and stress and needs to be evacuated to a safe area immediately. No further information is available, communication with people in the area is very difficult. The Commonwealth of Dominica Maritime Administration urges the Russian Federation to withdraw its forces from Ukraine and respect its obligations under relevant international treaties and conventions. The immediate evacuation of all civilians from the port of Mariupol, including the entire crew of mv Azburg, should be organized with the highest degree of priority and urgency. The Commonwealth of Dominica Maritime Administration furthermore wishes to emphatically point out the current risks the crew and the environment is facing. People are facing the risk and reality of loss of life and/or serious injury and are likely to be deeply traumatized by the current events. On top of that, current events are seriously damaging the marine environment. Normal safety requirements and (port) emergency response plans are currently not fully operational or completely absent. Medical emergencies, firefighting operations, oil spill response, abandon ship and safe navigation is currently not sufficient or not possible at all. We urgently call upon all relevant UN, governmental and industry bodies to take immediate and direct action to address this serious issue for health and wellbeing of humans, the safety and security of shipping and the prevention of marine and atmospheric pollution by ships. All efforts to speed up establishing humanitarian corridors, as decided upon during the thirty-fifth extraordinary session of the Council, should be taken and executed with the highest degree of priority and urgency. Resulting in enabling the safety of seafarers by allowing them to leave the conflict zone immediately. Eric R. Dawicki, Deputy Administrator of Maritime Affairs of the Commonwealth of Dominica Maritime Administration states: “ An act of war is an act of cowards, bullies and fragile men. The indiscriminate shelling of a merchant vessel with a civilian crew with no place to seek refuge is the lowest of lows. It is an act of war against all of humanity and basic human rights. This Administration deplores these attacks on a Commonwealth of Dominica flagged vessel and insists that the emotionally and intellectually stunted men behind this heinous act look themselves closely in the mirror and discover how to end such senseless motives. There is nothing good that comes out of war – NOTHING!” Contact Details COPE Carleen Lyden Walker +1 203-260-0480 c.walker@morganmarketcomm.com Company Website https://dominica-registry.com/

April 05, 2022 02:12 PM Eastern Daylight Time

ShipIn Systems Secures Funding for Innovative Visual Fleet Management Platform from Munich Re Ventures

ShipIn

ShipIn Systems, the world’s first Visual Fleet Management Platform, today announced an investment by Munich Re Ventures, the venture capital arm of Munich Re Group, one of the world’s leading providers of reinsurance, primary insurance, and insurance-related risk solutions. “By partnering with Munich Re Ventures, we are helping to build a safer and more productive future for the maritime industry,” said Osher Perry, Co-Founder and CEO of ShipIn Systems. “The reality is that as ships are getting bigger, crew are getting smaller. ShipIn’s mission is to give seafarers the advanced digital tools required to do their jobs better and fleet managers the experience and benefits of working ‘shoulder-to-shoulder’ with their seaborne teams. We believe every ship will have Visual Fleet Management in the near future.” By deploying AI-powered cameras and real-time visual analytics, ShipIn proactively alerts shipowners, managers, and seafarers to onboard anomalies around bridge activities, safety and security, cargo operations and maintenance. With real-time notifications, benchmarking of vessel performance, and remote audits, ShipIn delivers a reduction of 40% in incidents and increase of cargo operations efficiency by 8%, directly improving financial performance of global fleets. "By investing in ShipIn, Munich Re Ventures has clearly shown their belief in the platform and the power it has to reduce incidents onboard ships, making voyages safer with AI technology,” said Dr. Kirsi Tikka, ShipIn Advisor and Maritime Leader. “I can foresee a future where having ShipIn onboard may reduce the cost of insurance for ship owners and will benefit the insurance industry as well." The maritime industry transports more than 90% of the world’s goods and energy, accounting for $14 trillion in world trade. The partnership with Munich Re Ventures will support ShipIn’s expansion, broadening access to Visual Fleet Management for fleets worldwide. “ShipIn’s patented platform brings the vision and capability to support the broader digitalization of the marine and cargo shipping industry,” said Timur Davis, Investment Principal, Munich Re Ventures. “We see this trend as an important enabler for marine organizations to make more informed decisions in managing assets at sea. Munich Re Ventures looks forward to collaborating with ShipIn to reduce incidents on a ship, improve overall safety and operations, and ensure effective and timely resolution to on-board incidents.” With more than $1 billion in assets under management, Munich Re Ventures invests in the most innovative startups engaged in developing new technologies and business models that will transform the future of risk and risk transfer. With its inaugural maritime investment, Munich Re Ventures supports a future of marine insurance and reinsurance driven by ShipIn’s innovative AI solutions to de-risk the future of transportation. “It’s clear to see the potential in ShipIn’s advanced AI technology for the maritime industry.” said Ronald Kargl, Chief Underwriting Officer for Marine Reinsurance, Munich Re. “We’re excited to see a solution that can make shipping safer for all onboard.” ShipIn Systems is the world’s first Visual Fleet Management Platform, enabling seamless ship-to-shore collaboration for maritime fleets. By deploying AI-powered cameras and real-time visual analytics, ShipIn’s platform proactively alerts shipowners, managers, and seafarers to onboard anomalies, reducing incidents onboard and increasing cargo operations efficiency. Creating a digital bridge between ship and shore, ShipIn provides objective insights into safety, security, cargo operations, maintenance, and more. With all tracking rolling up to an analytics dashboard, the platform makes it easy to benchmark performance, conduct remote audits, and improve the operational ROI of your entire fleet. Learn more at ShipIn.ai. Contact Details ShipIn Carleen Lyden Walker +1 203-260-0480 c.walker@morganmarketcomm.com

April 05, 2022 12:50 PM Eastern Daylight Time

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Green Cubes Technology Announces Membership in CircuBAT Research Program

Green Cubes Technology

Green Cubes Technology, a leader in electrification and Lithium power solutions, today announced its participation as a founding member in CircuBAT. CircuBAT is a Swiss research program that aims to create a Swiss circular business model for the production, application, and recycling of Lithium-ion batteries. Seven Swiss research institutions and 24 companies are joining forces to look for ways to boost sustainability in all stages of a battery’s life cycle. CircuBAT will focus on finding solutions that boost sustainability in all phases of a Lithium-ion battery’s life cycle. This will include extending the lifespan of batteries during their first application. Researchers hope to achieve this by developing optimal charging and discharging strategies as well as new concepts for battery construction that make repairs easy. The project also aims to put batteries to use as stationary energy storage systems after they are retired from their first mobility-related application. To that end, CircuBAT will look at the best ways of integrating these batteries at a local level and ensuring their safe and efficient operation. Finally, the researchers will look for solutions for remanufacturing batteries and recovering materials that enable large quantities of high-quality secondary raw materials to be used to produce new batteries. Bern University of Applied Sciences BFH is the Leading House in the CircuBAT project. On the science side, an additional six Swiss research institutions are involved in the project: Empa, the Swiss Center for Electronics and Microtechnology (CSEM), the University of St. Gallen (HSG), the Eastern Switzerland University of Applied Sciences (OST), the Switzerland Innovation Park Biel / Bienne (SIPBB) and the EPFL (Swiss Federal Institute of Technology). These institutions are joined by 24 companies from economy and industry, among them Kyburz, Leclanché, Bühler and Green Cubes Technology. As a founding member of CircuBAT, Green Cubes Technology has made a multi-year financial investment in the program. The company will also contribute first-use lithium-ion batteries for experimentation and testing within the program, provide engineering design services to develop new more-efficient batteries, and contribute intellectual property to achieve the objectives of CircuBAT. Green Cubes Technology will participate in two working groups. The “First Use” group will focus on extending the life of first-use batteries through extensive analysis of deployed batteries in the field. Green Cubes Technology will contribute performance data collected from its prolific installed base of Lithium-ion batteries. The “Second Life” group will focus on creating second-use and second-life opportunities to minimize the total CO 2 footprint of lithium-ion battery systems during their lifetime. Since its inception 30 years ago, Green Cubes Technology has gained considerable experience minimizing the environmental impact of its deployed batteries. This positive impact will be amplified with a system of second life batteries, where the installed base of first use batteries is redeployed when they reach a certain age limit. The Lithium-ion cells used in Green Cubes Technology’s batteries are non-toxic, and are currently recycled and reprocessed at their end of life. Going forward, these cells can be repurposed into less demanding second life applications such as backup energy storage. “We joined the CircuBAT research program because its mission is very well aligned with ours,” said Keith Washington, CEO of Green Cubes Technology. “We all want the same thing and that is a circular economy for Lithium-ion batteries. We are looking forward to sharing our experience, and giving electric mobility batteries a second life with our Swiss partners in the CircuBAT research program, as they strive to make the Swiss economy as sustainable as possible” More information on the research program can be found on its website: https://circubat.ch. About Green Cubes Technology Green Cubes Technology develops and manufactures safe and reliable electrification solutions that enable its OEM and enterprise customers to transition from Lead Acid and Internal Combustion Engine (ICE) power to Lithium-ion battery power. Green Cubes utilizes proven hardware and software platforms to build the most reliable Lithium power solutions in its industries. With over 300 employees across six countries, Green Cubes has been producing innovative, high-performance and high-quality power solutions since 1986. More information can be found at https://greencubestech.com. Contact Details Ray Young (General Media, Investor Relations) +1 916-505-4245 ray@razorsharppr.com Hayley Luz (Trade Media) +1 425-918-2742 hluz@greencubestech.com Company Website https://greencubestech.com/

March 31, 2022 10:00 AM Eastern Daylight Time

Industrial Defender and GrayMatter Team Up to Equip Energy and Water Companies with Holistic Cybersecurity Defenses

Industrial Defender

Industrial Defender, the leader in operational technology (OT) security and GrayMatter, the top digital transformation services firm for industrial companies, announced today that they are teaming up to offer comprehensive cybersecurity solutions for critical infrastructure. Industrial organizations seek out GrayMatter to assess their OT cybersecurity needs and curate the best technologies available, and the Industrial Defender platform is now an essential part of their technology offerings. GrayMatter's deep experience in the manufacturing, utility and water/wastewater industries complements Industrial Defender's focus on providing the foundational cybersecurity controls that protect critical infrastructure. Industrial Defender and GrayMatter follow a five-part approach to strengthening cybersecurity based on the NIST Cybersecurity Framework (CSF), and they both understand that operational technology environments demand unique cybersecurity solutions. “Partnering with GrayMatter is a huge win for critical infrastructure companies,” said Jim Crowley, CEO of Industrial Defender, “GrayMatter’s deep market knowledge and digital transformation expertise, combined with our cutting-edge OT data collection and normalization software provides them with the people, process and technology to build the strongest cybersecurity defenses possible.” "We're excited to partner with Industrial Defender," says GrayMatter Co-Founder and CEO James Gillespie, "Like us, they've been helping companies strengthen their OT cybersecurity for years, and they specialize in energy, water/wastewater and other critical industries that have made it a priority to stay ahead of new vulnerabilities and regulations." The Industrial Defender platform empowers organizations to turn cybersecurity data into action by safely collecting, monitoring, and managing OT endpoint and network data at scale. With just a few clicks, Industrial Defender also provides the necessary data to measure a security program against many different standards, including the NIST CSF. To learn more about this partnership, contact Industrial Defender at www.industrialdefender.com or GrayMatter at www.graymattersystems.com. About Industrial Defender Since 2006, Industrial Defender has been solving the challenge of safely collecting, monitoring, and managing OT asset data at scale, while providing cross-functional teams with a unified view of security. Their specialized solution is tailored to complex industrial control system environments by engineers with decades of hands-on OT experience. Easy integrations into the broader security and enterprise ecosystem empower IT teams with the same visibility, access, and situational awareness that they’re accustomed to on corporate networks. Learn more at www.industrialdefender.com. About GrayMatter GrayMatter’s goal is to transform operations and empower people. Since 1991, we have been helping some of the biggest industrial organizations in the world harness data so they can work smarter. They lean on us to secure their critical systems and connect their industrial assets to their teams so that every operator is empowered to be the best operator. GrayMatter has been on the Inc. 5000 fastest-growing companies list for six consecutive years and has grown to provide Advanced Industrial Analytics, OT Cybersecurity, Digital Transformation and Automation & Control services to clients in CPG, energy, food & beverage, manufacturing and water/wastewater industries across the U.S. and Canada. Learn more at graymattersystems.com. Contact Details Industrial Defender Erin Anderson +1 617-675-4206 eanderson@industrialdefender.com Company Website https://www.industrialdefender.com

March 29, 2022 09:00 AM Eastern Daylight Time

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