News Hub | News Direct

Real Estate

Commercial Home Building Property Management REIT Real Estate Residential
Article thumbnail News Release

David Clark Company’s ConneX CREW Smartphone App connects Workers on a Jobsite for complete Hands-Free Communication

David Clark

The David Clark Company released its first mobile application DC-ConneX CREW, the most flexible group communication solution that connects 10 team members without needing Internet or cell phone service. ConneX CREW provides your jobsite groups with a secured smartphone platform where authorized participants access calls and messaging with just a few clicks. The mobile app can be downloaded for free ( search name ‘ DC ConneX CREW’ from the Google Play or Apple App stores to transform an Android or iOS phone into a group communication system when the phones are connected to the David Clark Company Audio Gateway device. Activate the hands-free feature when you use the speakerphone option or pair your phone with any Bluetooth® hearing device – such as the David Clark Behind-the-Head Headset or your preferred Bluetooth® headset or earphone. Watch Explainer Video on YouTube Jobsite crews commonly use bulky radios or other headset systems that require multiple sets of equipment for each user. David Clark’s ConneX CREW system requires one Audio Gateway on a jobsite to connect your team members using their smartphones without any other expensive equipment. The CREW Audio Gateway acts as a portable network on a jobsite, protected in a ruggedized case to allow reliable, natural conversation amongst your team members. “Jobsite crews benefit from secure, high quality, low-latency audio technology that can be operated without the snag hazards of corded audio systems,” said David Clark Vice President Mark Estabrook. “The CREW system expands our communication product portfolio into the mobile app space, using the devices that jobsite workers already carry. Embedded Voice over IP (VoIP) technology opens the door to high levels of scalability in portable communications while maintaining private network coverage and security.” The David Clark Company continues its 80-year commitment to quality, service, and US-manufactured products. The company’s complete product portfolio and customer support, including the ConneX CREW system, is designed and produced at its headquarters manufacturing facility in Worcester, Massachusetts. Store.DavidClark.com is the only place online to buy the CREW Audio Gateway, which includes a 12-month license for 10 users to have unlimited communication via call or messaging functions. Learn more at ConneX.DavidClark.com or contact Ricardo Frias, Business Development Manager, at rfrias@davidclark.com. Contact Details David Clark Company Lindsay Lucarelli +1 508-751-5882 LLucarelli@davidclark.com Company Website https://connex.davidclark.com/

August 08, 2023 09:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

Copper Property CTL Pass Through Trust Files Quarterly Report for the Period Ended June 30, 2023

Copper Property CTL Pass Through Trust

Jersey City, New Jersey – Copper Property CTL Pass Through Trust (“the Trust”) has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023. As previously announced, the Trust will host a live conference call to discuss its recently filed financial and operating results. Conference Call Details: DATE: Tuesday, August 15, 2023 TIME: 10:00 am CDT | 11:00 am EDT DIAL-IN: U.S. & Canada Toll Free: (877) 841-2983 or International (215) 268-9893 WEBCAST: www.ctltrust.net via the Investor Relations Section or click here to access REPLAY (Available for 30 days): U.S. & Canada Toll Free: (877) 660-6853 / International: (201) 612-7415 Conference ID#: 13740502 Telephone Replays will be made available approximately 3 hours after conference end time. Participants will be required to state their name and company upon accessing the replay. 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 Contact Details Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

August 07, 2023 04:50 PM Eastern Daylight Time

Article thumbnail News Release

Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for July 2023

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 July 31, 2023. An aggregate total distribution of $7.8 million or $0.103718 per trust certificate will be paid on August 10, 2023 to certificateholders of record as of August 9, 2023. 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 Contact Details Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

August 07, 2023 04:37 PM Eastern Daylight Time

Article thumbnail News Release

Copper Property CTL Pass Through Trust Schedules Live Call to Discuss Recent Financial and Operating Results

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) announced today that it will host a live conference call on Tuesday, August 15, 2023 at 11:00 am Eastern Time. Members of the Trust’s management team will discuss its recent financial and operating results as reflected in the Trust’s monthly report for the period ended July 31, 2023 and Form 10-Q for the period ended June 30, 2023, both of which are expected to be filed prior to the call. The conference call will include a question and answer (Q&A) session. Conference Call Details: DATE: Tuesday, August 15, 2023 TIME: 10:00 am CDT | 11:00 am EDT DIAL-IN: U.S. & Canada Toll Free: (877) 841-2983 or International (215) 268-9893 WEBCAST: www.ctltrust.net via the Investor Relations Section or click here to access REPLAY (Available for 30 days): U.S. & Canada Toll Free: (877) 660-6853 / International: (201) 612-7415 Conference ID#: 13740502 Telephone Replays will be made available approximately 3 hours after conference end time. Participants will be required to state their name and company upon accessing the replay. 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 Contact Details Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

August 07, 2023 01:22 PM Eastern Daylight Time

Article thumbnail News Release

Revolutionizing luxury living: Phunware's COO reveals cutting-edge MDU solution for residences

Phunware Inc

Phunware Inc. chief operating officer Randall Crowder joined Proactive's Stephen Gunnion with news that the company has licensed its Multi-Dwelling Unit (MDU) Solution to Parkside Residences at Discovery Green, a 43-story residential tower in downtown Houston, Texas, in partnership with MKT Consulting. rowder said the MDU solution, initially tailored for healthcare and hospitality, is making waves in luxury residential buildings, addressing the evolving work-from-home trend. With remote work becoming a norm, people are seeking enhanced digital experiences at home. He said Phunware's MDU solution provides a comprehensive digital platform for luxury residential complexes like Parkside Residences in Houston. The app offers amenities booking, work orders, valet services, keyless entry, and more, all through a user-friendly mobile interface. Crowder highlighted the significance of mobile apps over websites, citing examples like Disney World. Phunware partners with companies like MKT Consulting to deliver these solutions, envisioning broader applications in the residential, workplace, healthcare, and hospitality sectors. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

August 07, 2023 11:55 AM Eastern Daylight Time

Video
Article thumbnail News Release

New Partnership In The Hospitality Sector In Gabon

FGIS

LIBREVILLE, GABON - African Media Agency - 3 August 2023 - The Fonds Gabonais d'Investissements Stratégiques (FGIS), its subsidiaries Façade Maritime du Champ Triomphal (FMCT), an urban development company, Luxury Green Resorts (LGR), a Gabonese tourism operator, on one hand, and the Kasada group, on the other hand, signed a partnership agreement on August 2nd, 2023, to develop hotels in Gabon. Through this agreement, FGIS, FMCT, LGR and Kasada, the independent real estate private equity platform dedicated to hospitality in Africa, are responding to the ambition to strengthen the attractiveness of the territory and boost the Gabonese economy. With a current portfolio of eighteen (18) hotels in eight (8) African markets, Kasada will be involved in identifying, evaluating, structuring, and managing hotel projects in Gabon, from conception to completion. Among the projects to be analyzed as part of this collaboration is the upscale hotel complex in the northern zone of the Baie des Rois site. It will address the growing needs identified in terms of urban planning, business tourism and leisure, offering innovative services to users looking for unique, local experiences. Architecturally and environmentally innovative, the hotel will feature sustainable materials, water treatment and the use of green energy in line with international standards. Baie des Rois is part of the urban development program for the Baie des Rois Special Investment Zone (ZIS), led by FMCT. In line with the Plan d'Accélération de la Transformation (PAT), Baie des Rois aims to become an exceptional hub meeting the criteria of a sustainable, innovative, low-carbon city. Situated on Libreville's waterfront, it stands out for its mixed use of real estate and commercial space for local residents. Mr. Akim Mohamed DAOUDA, CEO of FGIS, declared: "This project is part of our overall strategy to develop sustainable infrastructures based on the valorization of our natural capital. The construction of an environmentally-friendly hotel complex will showcase Gabon's low-carbon solutions.” Mr. Emmanuel EDANE, CEO of FMCT, declared: "The partnership with Kasada effectively demonstrates the investment opportunities offered by the Baie des Rois. This development zone will contribute to the economic influence and tourism growth of the Gabonese capital." Mr. Olivier GRANET and Mr. David DAMIBA, Managing Partners of Kasada Capital Management, commented: "We are delighted to be partnering with FGIS and its subsidiaries. The Baie des Rois is an ambitious and exciting project. It demonstrates once again our expertise and our role as preferred partner for sovereign entities to carry out complex projects. Our ability to analyze projects of this scale and our agility in terms of financial structuring, enable us to find the right solution for this flagship project in Gabon. Furthermore, through this project, we aim to set a new standard for sustainable development in Gabon, in line with the country's initiatives to address climate change.” About FGIS The Fonds Gabonais d'Investissements Stratégiques (FGIS) is the exclusive trustee of the Fonds Souverain de la République Gabonaise (FSRG) and of the unallocated holdings in the portfolio of the Gabonese State. The Fund invests in the strategic sectors of the national economy, with the aim of creating shared prosperity for the people of Gabon and future generations. As the financial investment instrument of the Republic of Gabon, the Fund supports government action by investing in four strategic sectors: infrastructure financing, support for SMEs, regional development and support for social sectors. FGIS also acts as the exclusive agent responsible for marketing carbon credits belonging to the Gabonese Republic as part of the fight against climate change. www.fgis-gabon.com About FMCT Created in 2015, the Façade Maritime Champ Triomphal (FMCT) is the subsidiary of the Fonds Gabonais d'Investissements Stratégiques (FGIS) dedicated to the sustainable development of the Gabonese territory for the population and future generations. Aligned with the Sustainable Development Goals (SDGs), the company is responsible for the design and development of city infrastructure projects, facilities and real estate, notably on the Baie des Rois site. In 2023, Baie des Rois won two major awards, including Best Sustainable Infrastructure Project for its eco-responsible approach at the Africa Investments Forum & Awards (AIFA) and Best New Mega Development at the Marché International des Professionnels de l'Immobilier (MIPIM Awards). www.fmct-gabon.com About LGR Luxury Green Resorts (LGR) is a tourism operator whose mission is to revitalize the tourism industry in Gabon while promoting the country's natural heritage. LGR is committed to preserving this heritage through projects carried out in close collaboration with local authorities, technical operators, civil society and communities. www.luxurygreen-resorts.com About KASADA Kasada is an independent real estate private equity platform dedicated to hospitality in Africa, advised by Kasada Capital Management, part of the Kasada group. The firm was launched with the backing of Qatar Investment Authority, the sovereign wealth fund of State of Qatar, and Accor, a world leading hospitality group. Kasada's strategy spans all segments, from economy to luxury, and targets both greenfield and brownfield projects. Kasada's hotels are operated under the banner of Accor's wide range of internationally renowned brands. By investing in a region that offers robust growth opportunities, Kasada aims to deliver both attractive risk-adjusted returns to investors and a long positive impact on local economies. In April 2019, Kasada held a close of its maiden fund, Kasada Hospitality Fund L.P., with equity commitments of over US$ 500 million. For more information: visit www.kasada.com and follow us on LinkedIn. Contact Details Aunel LOUMBA aloumba@fgis-gabon.com Uveka HARICHARUN uveka.haricharun@kasada.com

August 03, 2023 12:52 PM Eastern Daylight Time

Image
Article thumbnail News Release

Part 8 of Legal & General’s U.S. Gig Economy Study offers guideposts for employer response

Legal & General

- As the gig economy keeps growing, employers have the opportunity to make use of this resilient, independent talent pool - 3 main concerns for gig workers: flexibility, pay equity, benefits such as health & retirement: o Hybrid work and flexible work conditions, including work from home, are here to stay o Companies can choose to offer more equitable pay to gig workers for contract services, regardless of gender, minority status, preferences, etc. o Employers may want to develop structures to support freelancers in getting access to benefits such as health insurance and retirement provisions - After mass layoffs of 2022-23, an expanding gig economy pool provides companies with access to thousands of tech workers The eighth and final segment of a broad new study on the U.S. Gig Economy sponsored by Legal & General Group ( LGEN, LGNNY ), Full Circle: What Employers Need to Know About Independent Workers in America was released today. The report wraps up a year-long, in-depth study of the fast-changing American workforce, with a growing number of independent workers projected to reach 50 percent of the U.S. labor force by 2027, in terms of how employers could better adjust to include them. This eighth part of the data-rich study yielded the insight that, given the preference of freelancers to stay in the gig economy, companies may need to look for new ways to engage with this valuable part of the workforce, including: better understanding of skills offered, skills gaps they can fill, and integrating into existing teams. Companies will also benefit by setting mutually acceptable terms with their independent contractors, offering ways to contribute to their health and retirement plans. Approaches to attract independent workers back to the workplace range from emphasizing the inclusive, social and supportive aspects of office culture, such as mentoring and teamwork, to understanding gig workers’ concerns and financial security needs and moving toward offering solutions. The study lays out three major areas of concern for U.S. gig workers, as well as a forecast for the IT sector: A need for flexibility in working hours and place of work—a continuation of hybrid work Addressing the gender pay gap—the study shows women earn 22 to 45 percent less than men A lack of financial security benefits, especially health insurance and retirement savings vehicles Harnessing the potential glut of IT gig workers in light of massive layoffs in the tech sector in 2022-23 “The steadily growing U.S. gig economy calls for real change in long-established work models. Understanding the aspirations and concerns of this contingent will help employers resolve to meet some of the needs that are now provided by traditional work. It’s likely that the initial impetus for change will come from the freelancers themselves, as they look to better fill gaps in their health insurance and retirement savings. At the same time, companies that are hiring will benefit from the resilience and agility of independent workers as they become a more integral part of the engine that drives their growth.” Sir Nigel Wilson, Chief Executive, Legal & General Group A grass-roots, not top-down approach to change Legal & General’s report looks at the independent attitudes and resilience of U.S. gig workers, while pointing to their very real needs and concerns. Despite inequities and long-term financial insecurity, their get-it-done attitude could be a huge asset to the many companies experiencing a dearth of talent. But rather than a systemic, top-down solution such as legally mandating insurances and retirement savings for gig workers, the study anticipates that a grass-roots movement coming from these independent workers and their advocates will gradually but meaningfully change how their earnings are structured. “While U.S. freelancers weighing the advantages of gig work have clearly come down on the side of independence, several conditions could be improved to level up their situation with that of the mainstream workforce. Independent workers shouldn’t have to find themselves short on health insurance or a secure retirement. Companies that hire gig economy workers can attract the best of this resilient, creative workforce by filling these needs, while helping bring about broader social gains in health, wealth and longevity.” John Godfrey, Director of Levelling-Up, Legal & General Group This report concludes Legal & General’s U.S. Gig Economy study. To receive a pdf of any of these reports, including two special reports on tech gig workers and female gig workers, please email Meir Kahtan/MKPR at mkahtan@rcn.com. Notes to Editors The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions. About the Study Legal & General undertook proprietary research into the attitudes and changes U.S. gig workers are experiencing in relation to their work situations and financial outlook. The U.S. Gig Economy research was compiled using original survey data from 1044 U.S.-based workers aged 18 to 60 who are neither students nor retired, and who earn at least 60% of their income from gig work. The data was collected via online survey fielded to individuals sample sourced from YouGov’s US panel. The Legal & General-designed survey was scripted and hosted on Gryphon, YouGov’s proprietary survey scripting platform, and the field work took place between August 19 and 31, 2022. Key demographics such as age, gender and region were allowed to fall out naturally. 20 questions were designed to understand facts about earnings, drivers of and barriers to gig working, financial product ownership & financial capacity when coming across adverse situations, and future expectations of being involved in the gig economy. Verbatim comments were captured by Legal & General in research carried out in June 2022. About Legal & General Group Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.2 trillion ($1.4 trillion) in total assets under management* of which a third is international. We also provide powerful asset origination capabilities. Together, these underpin our leading retirement and protection solutions: we are a leading international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Through inclusive capitalism, we aim to build a better society by investing in long-term assets that benefit everyone. *as of December 31, 2021 The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.legalandgeneralgroup.com/

August 02, 2023 10:30 AM Eastern Daylight Time

Article thumbnail News Release

Bluepeak Internet Ranks First in Communities in Wyoming, Oklahoma, North Dakota, South Dakota and Minnesota

Bluepeak

Bluepeak internet service is ranked number one for fastest internet speeds, most consistent network and lowest latency in several markets in its service area. That’s the conclusion of Ookla’s newly released SpeedtestTM Market Index report for the second quarter of 2023, including data collected from millions of consumer-initiated tests across the country. The report – which ranks mobile and fixed broadband speeds from internet service providers around the world monthly – shows that Bluepeak is ranked highest for delivering the fastest median download and upload speeds, most consistent network and lowest latency to its internet customers in several different places during the second quarter of 2023.* The achievements for each market where Bluepeak service received a top ranking, verified by Ookla®, are as follows: Wyoming The fastest download and upload speeds, most consistent network and the lowest latency in all of Wyoming. The fastest download and upload speeds and most consistent network in Cheyenne and Laramie County. The fastest download and upload speeds, most consistent network and the lowest latency in Laramie. The fastest download and upload speeds in Casper and Natrona County. Oklahoma The fastest download and upload speeds and most consistent network in Stillwater and Payne County. The fastest download and upload speeds in Lawton. The fastest download and upload speeds in Altus. The fastest download and upload speeds in Bartlesville and Washington County. North Dakota The fastest download and upload speeds and most consistent network in Grand Forks and Grand Forks County. South Dakota The fastest upload speeds in Springdale Township. The fastest upload speeds in Madison and Lake County. Minnesota The fastest upload speeds in Marshall. As a result of Bluepeak’s competitive service, residents of these communities benefit from greater choice among their internet options. Research shows, greater competition for consumer goods – like internet – benefits consumers by lowering prices, boosting investment and enabling innovation. In addition, a 2020 report by Federal Reserve Bank of Richmond on “Bringing Broadband to Rural America” determined that broadband access and adoption are linked to increased job and population growth, higher rates of new business formation, higher home values, and lower unemployment rates. Ookla® is the global leader in network intelligence and connectivity insights. Over eighteen million tests are actively initiated by consumers each day across all Speedtest platforms, with over 45 billion tests completed to date. As a result, Ookla has the most comprehensive analytics on worldwide internet performance and accessibility. For more information on Bluepeak, visit mybluepeak.com. *Based on analysis by Ookla® of Speedtest Intelligence® data for median download speeds, upload speeds and consistency score, and multi-server latency, in the identified geographies, U.S., Q2 2023. About Bluepeak Bluepeak is building a faster, more reliable internet without the things that get in the way of great service - like red tape, hidden fees, and slow response times. Offering up to 5 gigabits of speed for residential customers and 10 gigabits for businesses, Bluepeak is a whole new ballgame - from internet to TV, to connecting every device in a home, to powering a business, Bluepeak not only provides the best fiber connections in the communities it serves, but also meets the growing needs for how its customers live. Contact Details Bluepeak Jesse Granger +1 720-703-4315 jesse.granger@mybluepeak.com Company Website https://www.mybluepeak.com

July 26, 2023 09:23 AM Mountain Daylight Time

Article thumbnail News Release

NMTC Coalition Opens Sign-on Letter to Congress Urging Members to Make the NMTC Permanent

NMTC

The NMTC Coalition is circulating an organization sign-on letter to Congress urging members to make the NMTC permanent. Organizations committed to community and economic development, adding jobs and increasing wages, and supporting healthcare, education, manufacturing, infrastructure, telecom, energy, the arts, and recreation are encouraged to add their name to this letter in support of a bipartisan program with a 20-year track record of success. The sign-on letter, available at NMTCCoalition.org, closes on August 31, 2023. Any organization (businesses, trade groups, city governments, Mayors, nonprofits, investors, CDEs) can sign the letter using the form on the NMTC Coalition website. “As we continue our efforts to make the NMTC program permanent, it is critical for our elected officials in Congress to hear from the businesses and organizations who bring these programs to life across our country and are charged with making communities stronger and more economically sound,” said NMTC Coalition spokesperson Bob Rapoza. “This is an opportunity to make your voice heard and to make a real difference in communities that need help the most.” Authorized by Congress in 2000, the NMTC Program incentivizes community development and economic growth through the use of tax credits (given as allocations) that then attract private investment to distressed communities. The unique beauty of the NMTC program is that it is used effectively in both rural and urban areas to support good jobs and strong wages and has historically held bipartisan support. In addition to creating high-quality jobs, NMTCs create and expand access to health care, early childcare and schools, job training, groceries, telecommunications, energy, arts, recreation, and infrastructure in ways that traditional private sector financing cannot effectively meet. Since 2003, the NMTC has provided much-needed investment and advancement opportunities for underserved communities across the country. In just two decades, NMTCs have spurred an unprecedented level of investment in rural and urban low-income communities, generating nearly $130 billion in capital investment through public-private partnerships and creating more than one million jobs nationwide. The NMTC has an outstanding track record of revitalizing communities outside of the economic mainstream as a targeted, cost-efficient financial tool — and it has the potential to achieve an even greater impact. Currently, the NMTC program is set to expire in 2025. By adding their name to the sign-on letter, organizations will lend their support for making the NMTC permanent by passing the bipartisan NMTC Extension Act of 2023 (S. 234 and H.R. 2539). In addition to extending the program at $5 billion in allocation per year, the legislation would provide an inflation adjustment for future years. It also includes reforms to ensure the NMTC program maintains its efficiency during an economic downturn when it is needed the most. “Organizations, especially CDEs and investors on the frontlines of community revitalization efforts using NMTCs, are encouraged to join this effort to ensure no community is left behind and to preserve one of the federal government’s most successful community development programs,” said Aisha Benson, President and CEO of Nonprofit Finance Fund (NFF) and President of the NMTC Coalition. The New Markets Tax Credit (NMTC) was enacted in 2000 to stimulate private investment and economic growth in low-income urban neighborhoods and rural communities lacking the patient capital to support and grow businesses, create jobs, and sustain healthy local economies. Since its inception, the NMTC has generated more than one million jobs. Due to the NMTC, nearly $130 billion is hard at work in underserved communities in all 50 states, the District of Columbia, and Puerto Rico. For more information, visit www.NMTCCoalition.org. Contact Details New Markets Tax Credit Coalition Greg Wilson +1 571-239-7474 gregwilsonpr@gmail.com Company Website https://nmtccoalition.org/

July 25, 2023 09:41 AM Eastern Daylight Time

1 ... 1617181920 ... 83