Transportation

Airlines Automotive Electric Vehicles Logistics Maritime
News Release Digital Asset Direct

Velocity Global hires tech operations leader Eric Schroeder as Chief Operating Officer

Velocity Global

Velocity Global, the leading provider of global employment solutions, added technology operations veteran Eric Schroeder as chief operating officer. Schroeder applies two decades of operations leadership to support clients, their distributed workforces, and scale Velocity Global’s worldwide team. “Eric led global safety operations for Uber, one of the world’s top tech companies that combines complex infrastructure with a simple human experience,” said Ben Wright, Velocity Global founder and CEO. “His global operations expertise aligns directly with our global work platform for an always-on connection between employers and the talent who rely on us for everything from timely, accurate payroll to customized compliant solutions in global markets.” Schroeder most recently was vice president of operations for autonomous driving company, Ghost. Prior to that, he was head of global safety operations for Uber and also held roles as General Manager for Utah and Northern California. Before Uber, he spent three years with McKinsey and Company in the U.S. and South Africa. Schroeder is also a proud Army veteran where he served in Special Forces and completed two combat deployments to Afghanistan. “My experience at Uber inspired a passion for the future of work — the balance of opportunity and owning how, when, and where you work,” said Schroeder. “I’ve long been impressed with Ben and the team at Velocity Global where I now direct that passion in a way the world has not yet experienced. The team built and maintains the backbone of global employment, enhanced by a first-class technology experience. The multifaceted platform connects employers with talent anywhere in the world.” The company’s global work platform simplifies the employer and employee experience through proprietary cloud-based workforce management technology, personalized expertise, and unmatched global scale. Users access a streamlined technology interface as well as partner with a dedicated experience team for individualized solutions and expertise. As the largest global Employer of Record (EoR) in 185 countries and all 50 United States, Velocity Global manages a client’s workforce and provides in-country and in-state compliance, payroll, and benefits for the supported employees. The company also offers Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors globally. Schroeder leads the customer experience and delivery team, global payroll and benefits, and worldwide operations with employees across five continents. About Velocity Global Velocity Global accelerates the future of work beyond borders. Its global work platform simplifies the employer and employee experience through proprietary cloud-based workforce management technology, personalized expertise, and unmatched scale. As the largest global Employer of Record (also known as International PEO) in 185 countries and all 50 United States, more than 1,000 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. The company offers additional services including Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across five continents. For more information visit velocityglobal.com. Contact Details Velocity Global John Hall +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

August 04, 2021 07:02 AM Mountain Daylight Time

Image

Cyvatar Launches First-Ever Cybersecurity Side Hustle

Cyvatar

Cyvatar today announced the release of the CydeHustle, a customer referral program that helps everyday people earn extra money on the side by referring organizations in their network to Cyvatar. The CydeHustle is easy work you can do in your spare time. In just a few minutes, you can not only bring in more money for yourself, but you can also enable people from all walks of life to help tip the cyber scales in favor of the good guys by stopping threat actors from breaching the brands and businesses we love. Organizations face more than 100,000 malicious websites and 10,000 malicious files every single day. Last year, malware increased by 358% and ransomware by 435% -- in fact, ransomware alone is now a multibillion-dollar industry staffed with expert researchers, strategists, technologists, and front-line hackers. Cyvatar’s ground-breaking cybersecurity as a service (CSaaS) levels the playing field so that any organization regardless of size or budget can combat threat actors. Joining the CydeHustle means you can enjoy the rewarding experience of keeping the businesses in your network safe... and get paid for it. "The Cyvatar CydeHustle program is a no-brainer, and the corresponding partner portal makes it easy to earn money on the side,” said CydeHustler Chris W. “Just as much as Cyvatar simplifies cybersecurity management for customers, it’s absolute simplicity to earn easy commissions with Cyvatar, even while juggling a full-time position and family responsibilities. Now anyone can be a deal-making machine!" Every CydeHustle referral that becomes a sale earns money for the person who introduces them: 20% of the sale price when the contract is signed, 10% of any upgrades purchased in the first year, and an additional 5% each year the referral renews. It’s easy money. Everybody needs better security, and Cyvatar’s CSaaS enables organizations to get better security outcomes fast. “The CydeHustle is so easy and so lucrative that we’ve already paid hundreds of thousands of dollars to CydeHustlers,” said Edward Preston, vice president of sales at Cyvatar. "Partners get paid for referring companies in their networks, those businesses get a game-changing cybersecurity program, and our world becomes safer from the onslaught of cyber threats.” Importantly, Cyvatar CSaaS is both accessible and affordable: For as little as $20 a month, customers receive out-of-the-box cybersecurity that includes products and services, a platform to manage them, and an expert team to support them -- all for one fixed monthly price. What’s more, Cyvatar sells itself -- it’s one of the 50 Most Trustworthy Companies recognized by the Silicon Review and has won 20 awards for cybersecurity innovation and excellence. CydeHustlers can keep their day jobs or Hustle between classes, after work, or from the far reaches of the world, because the Hustle is real -- and risk-free. Cyvatar keeps individual participation completely private unless participants explicitly choose to share their activity publicly. So what are you waiting for? Make a difference. Make an introduction. Make the world a safer place by keeping threat actors away from the businesses you know and love. All you have to do is sign up. Share the Cyvatar story. And get paid. Sign up and start earning today! About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is headquartered in Irvine, California with locations around the world. Begin your journey to security confidence at cyvatar.ai and follow us on LinkedIn and Twitter. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai Company Website https://cyvatar.ai/

August 03, 2021 08:00 AM Eastern Daylight Time

Video

Going on Vacation? Have Your Home Pay for It

YourUpdateTV

Your weekend outdoors, last minute getaway, or long-awaited reunion with family or friends can be made possible by sharing your space. Recently, Communications Leads for North America at Airbnb, Liz DeBold Fusco, teamed with YourUpdateTV on a satellite media tour to share tips on how to become a host. A video accompanying this announcement is available at: https://youtu.be/xkLGGNrt7TE Yes, you don’t have to decide between being a Host or a guest, because you can be both at the same time. Inspired by this major travel shift, Airbnb upgraded their service to make it easier for people to integrate travel into their lives, and for more people to become Hosts. This is something that Airbnb Hosts are already doing. More than 13 percent of them said they shared their space with visitors while traveling for vacation or work. Also, according to a recent Airbnb report, half of the new listings that were both activated and booked in early 2021 got a reservation request within four days, and as of April 30, 2021, the average annual earnings per Host who had welcomed at least one guest during the preceding year was $9,600. Now, Airbnb made it even easier for anyone who wants to take advantage of the coming travel surge by hosting, with a brand new onboarding process that has been simplified from dozens of steps to just 10. Prospective Hosts can also use the What’s My Place Worth tool to estimate how much they’ll earn by sharing their home. The interactive tool computes the estimated income through inputs for geography, type of listing and space and factors in prior Airbnb booking data in the area. And for travelers, Airbnb launched a new tool called Flexible Destinations, to make it easier than ever to discover these special stays. Clicking on the ‘I’m Flexible’ button will reveal unique listing categories with those nearest to your location right at the top of the list. If you are looking to share your space this summer to pay for your vacation, you can get started as a host by going to Airbnb.com/host. About Liz DeBold Fusco: Liz DeBold Fusco is a Communications Leads for North America for Airbnb. Prior to that, she was a Vice President at SKDKnickerbocker, a national public affairs firm, where she provided strategic communications guidance to organizations ranging from the NAACP and Demos to The Rockefeller Foundation and AT&T. Liz has also worked for Mayor's Fund to Advance New York City and New York City First Lady Chirlane McCray as well as the New York State Attorney General. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

August 02, 2021 03:00 PM Eastern Daylight Time

Video

Ev Dynamics Joins Forces with Quantron through a Share Swap to Form a New Electric Vehicle Powerhouse

Ev Dynamics (Holdings) Limited

HONG KONG SAR - Media OutReach - 29 July 2021 - Ev Dynamics (Holdings) Limited (the "Company", formerly known as China Dynamics (Holdings) Limited; Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the "Group"), which provides new energy vehicles and technology integrated solutions, has signed a share swap agreement with Quantron AG (“Quantron”), a Germany-based company engaging in inner city e-mobility and regional passenger and freight transport, in a bid to expand its global new energy vehicle production, engineering, marketing and sales, and after-sale service setup. Pursuant to the agreement, Ev Dynamics has conditionally agreed to subscribe for 6,459 subscription shares of Quantron, representing approximately 10.18% of the enlarged share capital of the German company, at a consideration of EUR5,000,000 (equivalent to approximately HK$45,848,191). The consideration shall be satisfied by the Company via allotment and issuance of 254,712,175 consideration shares at HK$0.18 per share to Quantron. The issue price of HK$0.18 represents a premium of approximately 44.00% to the closing price of HK$0.125 per share as quoted on The Stock Exchange of Hong Kong Limited on 28 July 2021, being the last trading day prior to the date of the agreement. Upon completion of the deal, the Company will hold a total of 9,157 shares of Quantron, representing approximately 14.43% of the enlarged share capital of the German company. Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said: “The share swap will enable both companies to speed up profitable growth and reap synergies from sharing technical knowhow and respective market coverage. With the favourable policies and market trend of electrification of passenger and freight transports, Quantron has continued to receive substantial purchase orders and service quotations from customers and source e-platform and e-vehicle components from the Group to meet customer demand. The transaction will allow us to leverage the business network and experience of Quantron in Europe, giving us a good opportunity to expand into the light and medium e-delivery trucks market in Europe. Ev Dynamics will become one of the production plants for Quantron.” Mr. Andreas Haller, member of the board and founder of Quantron, said: “Quantron and Ev Dynamics will jointly develop zero-emission electric vehicles, hydrogen bus and logistic vehicles. The products and services will be designed and engineered by Quantron, which is well developed in Germany and Europe, where Ev Dynamics will manufacture the vehicles. The two companies will evaluate strategic partnerships with fuel cell technology companies. We believe the share swap is another milestone in the strategic growth of the two companies.” Mr. Michael Perschke, international advisor of Ev Dynamics, added: “Quantron is a dominant player in the European electric vehicle market and Ev Dynamics is a prominent player in China’s new energy commercial vehicle sector. By joining forces, both companies will gain access not only to new markets but also additional engineering capabilities.” About Ev Dynamics (Holdings) Limited (Stock Code: 476) Ev Dynamics (Holdings) Limited is a pioneer and a prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power system and its key components. The Group has production base in Chongqing and it has developed its sales network in Mainland China, Hong Kong, Asia Pacific and South America. About Quantron AGQuantron AG is a system provider of clean battery and hydrogen-powered e-mobility for commercial vehicles such as trucks, buses and vans. In addition to new electric vehicles, the wide range of services offered by the innovation forge includes the electrification of used and existing vehicles, the creation of individual overall concepts including the appropriate charging infrastructure as well as rental, financing and leasing offers and driver training. Quantron AG also sells batteries and integrated customised electrification concepts to manufacturers of commercial vehicles, machinery and intralogistics vehicles. The German company from Augsburg in Bavaria is a pioneer and innovation driver for e-mobility in passenger, transport and freight traffic. Contact Details Strategic Financial Relations Limited Vicky Lee +852 2864 4834 vicky.lee@sprg.com.hk Strategic Financial Relations Limited Phoebe Leung +852 2114 4172 phoebe.leung@sprg.com.hk Strategic Financial Relations Limited Eddie Li +852 2114 4170 eddie.li@sprg.com.hk Quantron AG Volker Seitz +49 821 78984086 press@quantron.net

July 29, 2021 08:38 AM Eastern Daylight Time

Image

Genpact and Not Impossible Join Forces, Leveraging Technology to Fight Food Insecurity at Scale

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/0ZgGIMRoOnk No family should have to choose between feeding their children and paying their rent, but that’s the exact choice millions of families are forced to make each day. Efforts to address this problem are time-consuming and difficult, and often come at the expense of personal dignity – from long lines at food pantries, to food stamps at grocery stores. The Not Impossible Foundation has joined forces with digital transformation firm Genpact (NYSE: G) to grow and improve its ability to confront food insecurity using “Technology for the Sake of Humanity.” The program will leverage the best of technology to create real-time transparency and increased connectedness so donors can see the direct impact of their compassionate giving. It’s an approach that could help non-profit and mutual aid efforts in your community understand their human impact and meet their goals. One key technology leveraged by the Not Impossible Foundation to combat hunger is Bento, a community-engagement platform that uses SMS text messaging to connect at-risk populations with convenient, nutritious, pre-paid meals from local restaurants. The process is stigma free for participants because meals are provided through existing online ordering systems. It also supports restaurants, many of which struggled during the pandemic. “We are a country with tremendous resources, yet food insecurity – the constant struggle to find enough to eat – is still a major social problem,” said Mick Ebeling, founder and chief executive officer of Bento and Not Impossible Labs. “The problem isn’t about the lack of food. It’s the lack of connectivity. Technology can connect people who can help to those who need help. Genpact will be instrumental in helping us do that at scale. Their innovative digital transformation has the potential to revolutionize charitable giving, while retaining the human element of social impact.” This first of its kind platform will create insights and transparency into donations that will enable individuals to see where funds go, be alerted in real time of the impact of their generosity on individuals, and create a richer end-to-end experience that fuels philanthropic engagement, retention, and commitment. To do this, Genpact will leverage its deep process and technology expertise, including user experience, machine learning, analytics, and automation. “No family should have to choose between feeding their children and paying their rent, but that’s the exact choice millions of families are forced to make each day,” said Stacy Simpson, chief marketing officer, global leader of corporate responsibility and diversity, equity, and inclusion, Genpact. “Contributing the best of our technology, humanity, and innovation to help eradicate hunger in America speaks directly to Genpact’s purpose: the relentless pursuit of a world that works better for people.” To bring additional awareness to this critical issue, Genpact leveraged its partnership with Envision Virgin Racing to add the Not Impossible Bento logo (NI Labs Bento) to its all-electric race cars during Formula E’s 2021 ABB New York City E-Prix. “Solving some of the world’s seemingly unsolvable problems requires all of us to step up and do something,” added Simpson. “Formula E fans are among the most engaged, passionate, and socially motivated audiences. Securing logo space on Envision Virgin Racing’s car for Not Impossible is about deliberately giving critical exposure to ending hunger, which is both a humanitarian and environmental issue.” For more information on this partnership or to donate, visit www.Genpact.com/NotImpossible. About Genpact: Genpact (NYSE: G) is a global professional services firm that makes business transformation real. Led by our purpose -- the relentless pursuit of a world that works better for people -- we drive digital-led innovation and digitally enabled intelligent operations for our clients. Guided by our experience reinventing and running thousands of processes for hundreds of clients, many of them Global Fortune 500 companies, we drive real-world transformation at scale. We think with design, dream in digital, and solve problems with data and analytics. Combining our expertise in end-to-end operations and our AI-based platform, Genpact Cora, we focus on the details – all 90,000+ of us. From New York to New Delhi, and more than 30 countries in between, we connect every dot, reimagine every process, and reinvent the ways companies work. We know that reimagining each step from start to finish creates better business outcomes. Whatever it is, we’ll be there with you – accelerating digital transformation to create bold, lasting results - because transformation happens here. Get to know us at Genpact.com and on LinkedIn, Twitter, YouTube, and Facebook. About Not Impossible Foundation: Not Impossible Foundation DEFIES the IMPOSSIBLE by creating access to POSSIBILITIES for those in need through technology-based solutions. The Not Impossible Foundation was born from the Not Impossible Lab’s belief in tackling the absurd through technology solutions for the sake of humanity. Harnessing the power of open-source thinking to unite great ideas with the people that need them, The Not Impossible Foundation is dedicated to scaling technology-based solutions and helping people in need. The Foundation strives to help the “many” from Not Impossible Labs motto of “help one, help many.” Through corporate support and personal donations, the Foundation is passionate about scaling solutions and expanding possibilities. For more information, please visit https://www.notimpossible.com/foundation MEDIA CONTACTS: Genpact Michael Schneider +1 (217) 260-5041 michael.schneider@genpact.com Not Impossible/Bento Susan Williams +1 (646) 753-0336 susan@gobento.com About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

July 28, 2021 10:10 AM Eastern Daylight Time

Video

Purify Fuel Captures Silver Medal at CleanEquity Monaco Event For its Emission Reduction Solution for Diesel

Purify Fuel

Purify Fuel received the silver medal for its nanO2 ESG combustion catalyst technology at CleanEquity® Monaco 2021 which took place last week. CleanEquity® is an annual invitation-only event hosted by Innovator Capital, the London based specialist investment bank. The event attracts investors from around the world to hear pitches from emerging technologies designed to reduce environmental impacts. “Purify Fuel was delighted and honored to receive second place recognition at CleanEquity® Monaco 2021 amongst such an impressive field of presenters” stated Purify Fuel’s CEO John Carroll. “With the world’s focus on developing immediate fossil fuel alternatives, we cannot lose sight of the reality that the majority of industries are still dependent on heavy duty diesel fuel applications and searching for ways to reduce emissions. We were pleased that the immediate benefits of our nanO2 ESG combustion catalyst to help this primary fuel source burn cleaner were recognized by this august body”. Other partners and sponsors of the conference include Prince Albert II of Monaco’s Foundation, Cision, Covington & Burling, Cranfield University, the Monaco Economic Board and Taronis Fuels. Purify Fuel has been identified as one of the world’s most innovative sustainable technology companies and presented to selected sovereign, corporate, family and professional investors, policy makers, end users and international trade media. Its nanO2 ESG combustion catalyst technology provides a transitional solution that will help fight climate change until alternatives are invented. The product has been extensively tested since the middle of last year and has been aggressively launched across multiple industries (rail, marine, oil and gas, and mining). Since 2018 it has treated 50MM gallons of diesel removing the equivalent emissions produced by 139,000 automobiles. Purify Fuel uses patented nanotechnology-based rare earth oxides to help large diesel operators save money and reduce emissions. Purify Fuel’s nanO2 ESG Combustion Catalysts® are custom blended to optimize diesel fuel and biodiesel blends for marine, fracking, military, mining, power generation, and rail markets. The combustion catalysts increase energy harvested from each gram of fuel while reducing particulate matter emissions and soot created by incomplete combustion. Purify Fuel works directly with large consumers of diesel and biodiesel fuel to help them save money, increase power, and reduce emissions. For more information on Purify Fuel, please visit purifyfuel.com Contact Details Purify Fuel Carleen Lyden Walker +1 203-260-0480 c.walker@purifyfuel.com

July 27, 2021 04:53 PM Eastern Daylight Time

Image

Michael Lohscheller Appointed New CEO of VinFast Global

Vingroup

HANOI, VIETNAM - Media OutReach - 26 July 2021 - Vingroup, the largest conglomerate in Vietnam, announced today that it has appointed Michael Lohscheller as the CEO of its automotive division VinFast Global. Lohscheller will be responsible for scaling up VinFast’s operations and presence around the globe. When he starts his new job in Vietnam, Michael Lohscheller will lead VinFast’s operations in its current markets, namely Vietnam, the US, Canada, France, Germany and the Netherlands, with a clear goal of growing the business focusing on North America and Europe. That will include implementing strategic initiatives to turn VinFast into a global smart electric car company. Michael Lohscheller gained leadership experience in finance, technology, purchasing & logistics before becoming a former Volkswagen Group of America Executive Vice President. From VW, he moved to Opel where he became the CEO for the past four years. During his leadership, Lohscheller led Opel to sustainable profitability after decades of suffering losses. He also oversaw Opel’s transformation into an electrified car brand. “Vingroup warmly welcomes Michael Lohscheller to our leadership team. We strongly believe that his appearance will accelerate VinFast’s up and running global expansion. Michael Lohscheller’s participation in VinFast’s senior management team reaffirms Vingroup’s long-term plan in attracting outstanding talents and acquiring management expertise from elite circles of the global automotive industry,” stated Thuy Le - Vingroup’s Vice Chairwoman. On his decision to join VinFast, Michael Lohscheller said: “During my career, I have always been attracted by new challenges. When the opportunity came to join VinFast, I was immediately attracted because of the growth opportunities. I look forward to working with the leadership team to grow the company and establish it as a global smart electric car company.” With more than 20 years working in the automotive industry, Michael Lohscheller is expected to play a key role in VinFast’s bold steps in global expansion and towards becoming a leading global smart electric car company. About Michael Lohscheller’s careerBorn in 1968, the German CEO graduated from Osnabrück University of Applied Sciences (Germany) and the University of Barcelona (Spain) in 1992. During his working years, Michael Lohscheller completed a Master’s Program in European Marketing Management and obtained his M.A. at Brunel University London in 1996. Having been active in the automotive industry for more than 20 years, Michael Lohscheller held a variety of high-ranking positions: Executive Vice President and Chief Financial Officer at Mitsubishi Motors Europe, Executive Vice President and Chief Financial Officer at Volkswagen Group of America, Chief Executive Officer at Opel Automobile GmbH and Member of the Board at PSA Group, etc. In his tenure as Opel CEO, Michael Lohscheller was honorably presented with prestigious awards for excellent automotive managers: Eurostar 2019 (Automotive News), Manbest 2019 (Autobest) and Manager of the Year 2019 (AutoZeitung). Michael Lohscheller has been broadly endorsed for his prowess in business strategy, restructuring, mergers & acquisitions, corporate finance, financial analysis, pricing strategy. About Vingroup and VinFast As the largest private conglomerate in Vietnam and one of the largest in Asia, Vingroup is currently doing business in three core sectors namely technology, industry and services. In all sectors it has participated in, Vingroup is always a pioneer that leads market trends and creates world-class products and services of Vietnam. Find out more at: https://www.vingroup.net/en. VinFast - a member of Vingroup - is Vietnam’s leading manufacturer of premium automobiles and the first Vietnamese automotive brand to launch in global markets. Established in 2017, VinFast’s state-of-the-art, 90% automated manufacturing complex in northern Vietnam is one of the largest in Southeast Asia. Designed to be one of the world’s leading smart electric mobility companies, VinFast currently produces several models of electric scooters and buses in Vietnam, and will launch three new electric SUVs - VF e34, VF e35 and VF e36 respectively of C, D and E classes - in Vietnam, North America and Europe in 2021 and 2022. Contact Details Vingroup +84 24 3974 9999 v.nammh@vingroup.net Company Website https://www.vingroup.net/en

July 26, 2021 08:00 PM Eastern Daylight Time

Image

Grantchester C Change LLC Invests in UCAP Power, Inc.

Grantchester Group

Grantchester C Change Group (GCC), a global private equity investment firm specializing in electrification, infrastructure, and clean energy generation, announced its UCAP Power, Inc. investment, funding UCAP’s expansion in the ultracapacitor market with the acquisition of Maxwell Technologies. The purchase includes Maxwell’s non-dry electrode, ultracapacitor business, other related assets, and the Maxwell brand. Liz Griggs, Managing Partner & CEO of Grantchester Group, commented, “We are excited to announce our investment into UCAP and their acquisition of Maxwell Technologies. We believe that with the global transition to electrified vehicles for both commercial and consumer use, the innate benefits ultracapacitors and their current utilization in advance power train will drive significant growth as industry research forecasts market opportunities to be more than $7 billion annually by 2027.” Grantchester’s growth strategy focuses on expanding its investment in energy storage and vehicles electrification opportunities. It is uniquely positioned to build value and growth for companies in energy vehicles and infrastructure assets. The Grantchester management team has a proven track record of operating both public and privately held companies, working closely with their portfolio companies, leading, scaling, and investing in sustainable energy with seasoned industry partners. “We sought the UCAP investment opportunity for their strong visionary leadership and strategic renewable energy acquisition of Maxwell Technologies, commented Russell Read, Managing Partner of Grantchester. “The growth potential for UCAP is tremendous as the global vehicle electrification, and renewable energy sectors expand. Ultracapacitors are emerging as a sought-after green energy source currently utilized in thousands of applications, including those that commonly expose typical battery technologies to failure or safety issues.” About Grantchester C Change Grantchester C Change is an investment management company that is actively involved in the development and execution of industry transformational strategies with world-class seasoned industry platform company partners. It strives to create value for investors by harnessing the massive growth potential of industries that are in the midst of major technological change and re-tooling. Grantchester specializes in creating and fostering long-term large customer and strategic partner relationships in transformational industries as a way to reduce investor risk and ensure significant sales growth for platform companies. Some of the transformational areas Grantchester C Change is investing in include electrification, transportation, and related clean energy infrastructure. Further information can be found at www.grantchestergroup.com. Contact Details Company Liz Griggs, Managing Partner & CEO +1 858-264-1212 info@grantchestergroup.com Media Contact Kelly Sargent +1 703-347-1117 Company Website https://www.grantchestergroup.com/

July 26, 2021 10:42 AM Eastern Daylight Time

News Release

Jeremy Ostermiller, CEO & Co-founder of Edison Interactive is accepted into Forbes Business Council

Edison Interactive

Jeremy Ostermiller, CEO & Co-founder of Edison Interactive, a connected mobility platform that focuses on enhancing the customer experience in trains, planes and automobiles and everything in between, has been accepted into the Forbes Business Council, the foremost growth and networking organization for successful business owners and leaders worldwide. Ostermiller was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors. “We are honored to welcome Jeremy Ostermiller into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Business Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.” As an accepted member of the Council, Jeremy has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum and at members-only events. Jeremy will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts. Finally, Ostermiller will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team. “I am honored to join this amazing group of global business leaders as we make value-added contributions to the markets we serve,” said Ostermiller. “The Forbes Business Council community is among the very best in business and I am proud to bring my experience to such an elite group of professionals.” ### ABOUT FORBES COUNCILS Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive. To learn more about Forbes Councils, visit forbescouncils.com. Edison Interactive is a connected mobility platform that focuses on enhancing the customer experience in trains, planes, automobiles and everything in between. Edison provides drivers and fleet owners with unprecedented control and continuous communication between vehicles, devices and Original Equipment Manufacturers (OEMs). The company is headquartered in Denver, Colo. with remote locations throughout the nation. For more information on Edison Interactive, please visit edisoninteractive.com. Contact Details Edison Interactive Frankie Cervantes +1 720-837-7421 frankie@edisoninteractive.com Company Website http://www.edisoninteractive.com

July 26, 2021 08:30 AM Mountain Daylight Time

1 ... 93 94 95 96 97 ... 115