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BIMQuote Appoints New President Aimed at Delivering Cost Savings on Materials for Homebuilders

Builders Capital

BIMQuote announced the appointment of Ken Trent as President where he’ll be providing cutting-edge technology solutions that help homebuilders save on material costs for new construction builds. Ken has a background in construction administration with a proven track record of success in cost savings and process improvements. He combines that with over 10 years of experience in eCommerce and digital technology solutions for products and services. Formerly the Chief of Growth at Builders Capital, the #1 Private Construction Lender Nationwide, Ken implemented strategic initiatives that enhanced the borrower experience by developing online portals where customers could have 24/7 access to their draws and loan details. “Ken is results-driven with a strong focus on the customer experience,” said Travis Dodge, BIMQuote Founder. “His vision and initiative will help private homebuilders gain greater awareness of this revolutionary software and drive home the value that BIMQuote delivers access to the same national buying power that production builders are accustomed to.” Ken commented on the transition, stating, "My background in construction has equipped me with a strong foundation in project management and a keen eye for detail. These skills, combined with my experience in digital technology solutions provide a unique perspective that I believe will be invaluable in the adoption of BIMQuote to homebuilders nationwide. I am thrilled to be part of this innovative team and look forward to contributing to the company's continued success." BIMQuote is currently being offered to Builders Capital borrowers, who can utilize the software to order localized building materials at discounted prices. The cost savings are based on their national relationships with hundreds of material providers from wood framing to windows, to roofing and appliances and everything in between. The materials are organized by cost code provided in detailed quantity takeoffs based on the homebuilders' submitted plans. To learn more about BIMQuote and its technology solutions visit BIMQuote.com About BIMQuote and Customhome.ai BIMQuote and customhome.ai offer innovative products available to homebuilders, enabling them to operate more competitively, efficiently, and profitably in their business. BIMQuote offers a full project management and procurement suite, with integrated accounting and automated contracting tools such as lien waivers. Customhome.ai allows for the customization of a 3D digital model of a home and immediately generates a material takeoff as well as site-specific residential designs. Learn more at: BIMquote.com and customhome.ai For inquiries, please contact Trisha Hudson: trisha.hudson@builders-capital.com About BIMQuote and Customhome.ai BIMQuote and customhome.ai offer innovative products available to homebuilders, enabling them[JW1] to operate more competitively, efficiently, and profitably in their business. BIMQuote offers a full project management and procurement suite, with integrated accounting and automated contracting tools such as lien waivers. Customhome.ai allows for the customization of a 3D digital model of a home and immediately generates a material takeoff as well as site-specific residential designs. Learn more at: BIMquote.com and customhome.ai Contact Details Trisha Hudson trisha.hudson@builderscapital.com Company Website https://builderscapital.com/

April 15, 2024 08:00 AM Eastern Daylight Time

Comtex Launches Omnia: A Cutting-Edge News API Platform leveraging NLP and AI

Comtex

Comtex News Network, Inc (Comtex), a leading provider of news aggregation and distribution services to top firms in financial services, news publishing, syndication, and analytics, proudly announces the launch of its innovative API platform, Omnia. Omnia is a state-of-the-art API platform designed to revolutionize the way businesses access and utilize news content. Omnia empowers users with instant access to real-time streaming news, AI-generated article summaries, enhanced tagging and categorization based on NLP, advanced filtering, and access to an extensive catalog of curated news sources. Key Features of Omnia Include: Real-time Streaming News: Omnia provides real-time streaming news via websockets push and REST API for seamless integration into existing systems. Enhanced Tagging and Categorization: Leveraging AI and proprietary NLP-based algorithms, Omnia offers enhanced tagging and categorization of content, including press releases, earnings releases, product categories, and more. AI-Generated Article Summaries: Omnia utilizes AI to generate concise and searchable article summaries, enabling users to quickly grasp an article before reading it. Advanced Filtering: Omnia's advanced filtering capabilities allow users to customize their news feeds based on specific criteria, ensuring they receive only the most relevant content. Access to an extensive collection of curated, high-quality sources used by top companies in financial services, analytics, research and a broad range of industries. Omnia is designed for rapid integration and serves a variety of use cases, including training of LLMs, financial platforms, asset management, trading, academic research, legal research, market research, and much more. Commenting on the launch, Comtex CEO Kan Devnani said, "We are pleased to bring a flexible, state-of-the-art news platform with access to curated, premium news sources to market. Omnia is an extendable platform, combining AI with our rich experience applying NLP to news content. This will allow clients to derive more intelligence and insights from the news content we offer and help clients curate and identify the content most relevant to them. Comtex will use Omnia to deliver evolving analytics and insight to its users." Access to Omnia can be trialed by visiting https://www.comtex.com/api. Comtex encourages users to explore its features and capabilities. To learn more about Omnia and request a demo, please contact sales@comtex.com or visit https://www.comtex.com/api. About Comtex News Network, Inc (Comtex): Comtex News Network Inc (Comtex) is a leading provider of news aggregation services to top firms in financial services, news publishing, syndication, and analytics. With a wealth of experience and expertise, Comtex delivers comprehensive news solutions that empower businesses to make informed decisions and stay ahead of the competition. Comtex also offers syndication services to content providers and platforms to generate traffic to online content. Contact Details Comtex News Network Media Relations sales@comtex.com

April 12, 2024 02:01 PM Eastern Daylight Time

Select Sector SPDR ETFs: A Strategic Approach to Precision Investing and Customized Portfolios

Select Sector SPDR

In the dynamic world of investing, Exchange-Traded Funds ( ETFs ) have proved to be a powerful tool for investors seeking diversification, flexibility, and potentially a more sector-driven approach. Select Sector SPDR ETFs offer a focused approach to sector investing, enabling investors to specifically target sectors within the broader market. This method of investment strategy is designed to arm investors with greater control and flexibility over their portfolios. Select Sector SPDR ETFs segment the S&P 500 into 11 investable sectors, covering all broad market segments. They provide access to various industries, allowing investors to craft a diversified portfolio that aligns with their unique investment goals. This approach presents an excellent opportunity for both individual and institutional investors to effectively navigate the financial markets. Each ETF comprises well-known, large-cap companies from the S&P 500, ensuring broad exposure and diversification. The transparent nature of ETFs allows for daily disclosure of portfolio holdings and weightings, providing investors with visibility into their investments. The full lineup of Select Sector SPDR ETFs includes: Communication Services Select Sector SPDR Fund (XLC) Consumer Discretionary Select Sector SPDR Fund (XLY) Consumer Staples Select Sector SPDR Fund (XLP) Energy Select Sector SPDR Fund (XLE) Financials Select Sector SPDR Fund (XLF) Health Care Select Sector SPDR Fund (XLV) Industrials Select Sector SPDR Fund (XLI) Materials Select Sector SPDR Fund (XLB) Real Estate Select Sector SPDR Fund (XLRE) Technology Select Sector SPDR Fund (XLK) Utilities Select Sector SPDR Fund (XLU) These ETFs provide flexible, transparent, and low-cost investment options to both retail and institutional investors. The flexibility offered by these ETFs empowers investors to make strategic adjustments in their portfolios as market conditions change. This flexibility, combined with the transparency of daily disclosure of portfolio holdings, allows investors to always be aware of where their money is invested. Select Sector SPDR ETFs offer a unique opportunity to invest in various sectors with precision and flexibility. They provide a simplified approach to sector investing, allowing investors to customize their portfolios to meet their specific investment objectives. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007439 EXP 5/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

April 12, 2024 05:00 AM Eastern Daylight Time

New Alvarez & Marsal Spring 2024 Consumer Sentiment Report Highlights Impact of Ongoing Consumer Skepticism on Spring & Summer Spending Plans

Alvarez & Marsal Consumer and Retail Group

Consumers, specifically those with higher household incomes, intend to reduce spending on essentials, experiences, gifts, and indulgences this spring The number of higher-income earners cutting back on spending to prioritize saving has increased in Spring ’24 compared to previous cycles Cost-conscious consumers are increasingly engaging in sales and second-hand shopping as a way to reduce spending Despite financial uncertainty, consumers are still eager to take vacations this year, showing resilience in their desire for leisure compared to last spring (2023) Global professional services firm Alvarez & Marsal’s Consumer and Retail Group (A&M CRG) released its latest consumer report, Consumer Sentiment Survey Spring 2024, which examines the influence of inflation and resulting changes in consumer spending over the last year, as well as spending outlook for the upcoming six-month timeframe. This is the sixth chapter of its bi-annual Consumer Sentiment Report, based on a survey of 1,800+ consumers matching the U.S. adult population according to gender, age, ethnicity, region and income. The report delves into shifting behaviors in response to personal finances and economic conditions. It includes insights into consumers' shopping priorities across categories, concerns about increasing prices, vacation plans, and other factors shaping purchase decisions for the upcoming spring season, among other relevant insights. “Our semi-annual survey aims to analyze the influence of ongoing economic concerns on consumer spending patterns, channel preferences, and their overall confidence in financial stability over time. Retailers can utilize the data and insights from our report to develop financial plans, efficiently manage inventory, enhance marketing campaigns, and establish pricing strategies at a category level,” stated Chad Lusk, Managing Director at Alvarez & Marsal’s Consumer and Retail Group. “This survey cycle reveals a growing consumer pessimism as we head into the spring season, with intentions to exercise greater caution in spending especially in higher income households.” The study found that: Consumer outlook for spring is weaker as consumers are anticipating spending less and having less money versus Fall ‘23 Consumers are planning to reduce spending across the board but show the smallest decline in spending intentions for experiences compared to Fall ‘23, with a rising number of respondents planning vacations this year In higher income brackets, there's a notable trend towards prioritizing saving over spending. In the $200K+ income bracket, the percentage of respondents prioritizing saving surged by 12% compared to Fall '23. Across various spending categories, we consistently observed the most significant decreases in desire to spend in the higher income households Higher income households are turning to second-hand shopping to save money. The number of respondents earning $100K+ who shop second-hand to save costs increased by 10% this spring. "Retailers must recognize the cautious consumer mindset and adjust strategic priorities accordingly to align with spending plans," Lusk advised. "Retailers, particularly ones servicing higher income consumers, should anticipate providing discounts and promotions across different categories as the season progresses, also while implementing flexible inventory strategies to minimize overall liabilities, given that those typically less affected by recession or inflation will be spending less.” To download a pdf of Consumer Sentiment Survey Spring 2024, please visit: https://alvarezandmarsal-crg.com/insight/consumer-sentiment-survey-spring-24/ The Alvarez and Marsal Consumer and Retail Group (CRG) is a management consulting firm that tackles the most complex challenges and advances its clients, people, and communities towards their maximum potential. CRG combines the best of A&M’s broader firm's bias toward action and practicality with deep consumer and retail industry experience. CRG partners with businesses across a wide range of categories including Food & Beverage, Beauty & Personal Care, Grocery, Mass Merchandise, and Apparel & Footwear to drive significant performance improvement. Contact Details David Schneidman dschneidman@alvarezandmarsal.com Company Website https://www.alvarezandmarsal.com/industries/retail/retail

April 10, 2024 11:30 AM Eastern Daylight Time

Builders Capital Announces $500 Million Strategic Transaction with InterVest Capital Partners

Builders Capital

Builders Capital recently closed a transaction with InterVest Capital Partners, forming a strategic partnership that results in a commitment of up to $500 million in growth capital and InterVest acquiring a strategic minority interest in Builders. “We are thrilled to partner with InterVest, one of the leading specialty finance investment platforms,” said Robert Trent, CEO of Builders Capital. “We plan to use the capital to aggressively expand our platform and continue to provide creative financing solutions to our homebuilding customers.” “We have tremendous confidence in the Builders Capital team and their 15-year track record as the leading private construction lender to homebuilders,” said Michael Gontar, CEO of InterVest Capital Partners. “Builders Capital is well positioned to capitalize on the supply and demand imbalance that exists throughout the U.S. for new construction single family homes,” said Robert Rothschild, SVP of InterVest Capital Partners. “We look forward to partnering with Builders to expand their platform and become the lender of choice to the homebuilding industry.” “We have formed capital partnerships totaling almost $3 billion over the past twelve months to prepare for major growth,” said Arik Prawer, Builders Capital Co-President, and head of Capital Markets. “Our ability to secure access to significant capital with high quality partners like InterVest evidences the strength of our industry leading platform and the incredible market opportunity in both the near- and long-term.” Guggenheim Securities, LLC acted as financial advisor and Perkins Coie acted as legal advisor to Builders Capital. Piper Sandler & Co. acted as financial advisor and O’Melveny & Myers acted as legal advisor to InterVest Capital Partners. To learn more about Builders Capital and the construction loans they offer to builders and developers, visit builderscapital.com. About Builders Capital Builders Capital is the nation's largest private construction lender, offering innovative financing solutions to a wide spectrum of developers and homebuilders. Loan products include options for Acquisition, Development, Construction, and Bridge financing, in the form of single-asset loans, portfolio loans, and revolving credit facilities. In addition to financing opportunities, Builders Capital borrowers can leverage national accounts for material purchase discounts, and access cutting-edge technology for project management, accounting, and BIM technology tools. Builders Capital is headquartered in Puyallup, Washington, with an East Coast headquarters in Fort Lauderdale, Florida, and regional sales offices across the country. The management team at Builders Capital brings over 100 years of expertise in residential construction lending, home building, real estate development, and loan servicing. Learn more at: builderscapital.com. About InterVest Capital Partners InterVest Capital Partners, formerly Wafra Capital Partners, is a leading global alternative investment firm specializing in asset-based lending, leasing, and other structured finance verticals. Since 1999, the InterVest management team has established numerous successful investment vehicles with aggregate committed capital exceeding $19 billion (USD). Contact Details Builders Capital Trisha Hudson trisha.hudson@builderscapital.com Company Website https://builderscapital.com/

April 09, 2024 08:00 AM Eastern Daylight Time

Benefits and Strategies for Maintaining Healthy, Sustainable Greenspaces

YourUpdateTV

Homeowners are once again embracing the outdoors and taking steps to make sure their lawns are in top shape for the summer season. Recently, an expert from ScottsMiracle-Gro, Dr. Lakshmy Gopinath, and Professor at Utah State University, Dr. Kelly Kopp, participated in a nationwide satellite media tour to provide tips for establishing and maintaining a healthy lawn. A video accompanying this announcement is available HERE. There are several things homeowners can do when it comes to sustainably establishing and maintaining their lawns this year. First, it’s important to embrace turfgrass specific to your region, as grass types can vary widely depending on your particular climate. For example, cool season grasses like bluegrasses and fescues are suited best for the Northeast, while warm-season grasses like bermudagrass or buffalo grass are best for Southern regions. For another interesting option, you can opt for native turfgrass varieties that typically require less water and maintenance. Second, be proactive about lawn care. Spring is when your lawn is waking up from dormant winter conditions, and is an essential time to seed and feed your lawn to ensure lush conditions later in the season. Seed with Scotts Turf Builder Grass Seed, then feed your lawn with Scotts Turf Builder Lawn Food. When considering the first watering for your lawn, try to delay as long as possible. This will put stress on your turf and drive deeper roots, ultimately encouraging a stronger and more resilient lawn. Finally, mow at the right height. Grass mowed at the proper height develops a deeper root system to better find water and nutrients in the soil. Taller grass also shades the soil keeping it cooler - so try to set your mower to one of the highest settings to get a 3-4 inch cut. There are many benefits to having sustainable green space, including: ● Improved ecosystems: Natural turfgrass has many benefits for the environment. Turfgrass absorbs carbon dioxide, releases oxygen, traps dust and dirt, reduces erosion by absorbing stormwater runoff, and can help protect nearby bodies of water. Greenspaces also have a cooling effect on the surrounding environment, which can offset urban heat. ● Improved quality of life: Natural green spaces provide immense health and wellness benefits for humans through physical and social activities, stress reduction, play, and reduced noise levels. ● Reduce water use with water-efficient turfgrasses: Choose turfgrass varieties specifically bred for water efficiency, such as fine fescues or buffalo grass, to save on your water bill. These grasses have evolved to thrive with minimal irrigation, helping conserve water resources while maintaining a lush, green lawn. ● Replenishing groundwater reserves: Natural turfgrass has the ability to absorb rainwater through a process called infiltration and help restore groundwater reserves, which is frequently tapped into by municipalities. For more information, visit Scotts.com Dr. Lakshmy Gopinath Hailing from southern India, Dr. Lakshmy Gopinath holds a Ph.D. in Crop Science from Oklahoma State University. Her research during her Ph.D. focused on turfgrass stress physiology and management. Currently serving as the Grass Seed Scientist at Scotts, she dedicates her expertise to developing innovative seeding products and options for sustainable and eco-friendly lawns. Outside of work, Lakshmy enjoys exploring nature trails with her beloved beagle, Newton. About Kelly Kopp Dr. Kelly Kopp is a Professor and Extension Specialist in the Plants, Soils & Climate department at Utah State University (USU), where her research efforts are focused on plant water use efficiency, sustainable turfgrass management, landscape water conservation, and irrigation technologies. She is the Director of USU's Center for Water Efficient Landscaping and is board member and past president of the Utah Water Conservation Forum. From 2007-2016, she served on the Board of Directors of the Alliance for Water Efficiency (AWE), an international organization promoting all aspects of water efficiency, serving as Chair from 2014-2016. Her service with AWE gave her the opportunity to work with numerous members of the water and irrigation industries, USEPA’s WaterSense team, non-profit organizations in the water sector, and other governmental agencies. She continues to work with these groups in pursuit of water use efficiency in the state of Utah, the Intermountain West, and beyond. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

April 08, 2024 01:40 PM Eastern Daylight Time

Video

Rezolve targets Nasdaq listing as it pioneers AI for commerce and engagement

Rezolve

Rezolve founder and CEO Dan Wagner joins Proactive's Stephen Gunnion with details of the platform specialising in commerce and engagement through innovative use of mobile and desktop technologies. The company has developed a novel way for merchants to connect with consumers, notably through AI-generated watermarks in audio streams that prompt user engagement, and geofencing that triggers location-based interactions. It has been focusing on conversational AI, enabling seamless transactions like booking flights through voice commands. Despite the complexity of interpreting product descriptions, Rezolve has addressed AI challenges like model drift and hallucinations, securing three patents in the process. Wagner highlighted Rezolve's unique position in the AI space, particularly in preventing AI from malfunctioning, a problem noted in technologies developed by giants like OpenAI and Google. Recently, the company has attracted significant investment from Saudi Arabia's sovereign wealth fund, supporting expansion into sectors beyond retail and commerce. Additionally, the company has partnered with Handlerbund in Germany, leveraging Europe's largest online trade association to further distribute its technology. Wagner explained that Rezolve's revenue model revolves around three main products: Brain Commerce, Brain Checkout, and Brain Assistant, each catering to different aspects of digital commerce and corporate knowledge management. A business combination with Armada Acquisition Corp is underway, aiming for a Nasdaq listing, underscoring Rezolve's global ambition and technological prowess. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 08, 2024 11:06 AM Eastern Daylight Time

Video

Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for March 2024 and Q4 2023 Master Lease JCP Store Performance Disclosures

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended March 31, 2024 and Q4 2023 Master Lease JCP store performance disclosures. An aggregate total distribution of $23.60 million or $0.314653 per trust certificate will be paid on April 10, 2024, to certificateholders of record as of April 9, 2024. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Hilco Global Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

April 05, 2024 04:26 PM Eastern Daylight Time

Annette Clayton Joins Flash Board of Directors

Flash Parking

Flash, the leading digital ecosystem provider connecting drivers to parking and EV charging experiences, today announced Annette Clayton, chairwoman and former CEO of Schneider Electric, has joined the company’s board of directors. Ms. Clayton has decades of automotive, technology and energy industry experience and brings an extensive track record guiding corporate strategy and operations for growth companies and pioneering startups. “We are incredibly fortunate to welcome Annette to our board of directors,” said Dan Sharplin, Flash’s CEO and Chairman. “She is an accomplished leader who has dedicated her career to companies that are transforming their respective industries, and her talents and expertise will be invaluable to our next chapter of growth, particularly when it comes to meeting the needs of modern drivers through the next wave of EV adoption.” Ms. Clayton joins Flash’s board of directors after recently concluding her tenure as CEO of Schneider Electric North America. During that time, Ms. Clayton led business strategy for the region, representing 30,000 employees and sales of more than $11 billion in fiscal year 2022. “Working with innovators like Flash that reimagine an industry is the work I love,” said Ms. Clayton regarding her appointment. “I have followed Flash’s evolution from its startup days and think the current moment is among its most exciting – Flash has done the heavy lifting and is poised to bring all the players together to set the new standard for a first-of-its-kind digital ecosystem.” Ms. Clayton currently serves on the public boards of Duke Energy, NXP Semiconductors, Oshkosh Corporation and Nordson Corporation. Ms. Clayton’s prior board service includes National Electrical Manufacturers Association, National Association of Manufacturers and many of Schneider Electric’s Energy-as-a-Service joint ventures. She was also a member of Rewiring America’s CEO’s for Electrification coalition for business leaders. Prior to Schneider Electric, she served in senior management roles for Dell, where she led the transformation of its global supply chain and fulfillment model, and General Motors Corporation, including president of Saturn Corporation, where she oversaw strategic direction, financial accountability, and profitability. Ms. Clayton holds a bachelor’s degree in general engineering from Wright State University, a master’s degree in engineering management from the University of Dayton and has completed the London Business School executive development program. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations — connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress from driving. The solution has arrived. Visit www.flashparking.com to learn more. Contact Details Flash Parking Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

April 04, 2024 03:00 PM Eastern Daylight Time

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