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Gradiant named a “Water Technology Company of the Year” and Synauta, its recently acquired Machine Learning company, awarded “Breakthrough Technology Company of the Year”

(BUSINESS WIRE) -- Gradiant, a global solutions provider and developer of cleantech water projects, today announced it has been recognized with distinction as “Water Technology Company of the Year'' and its recently acquired AI business, Synauta, was named “Breakthrough Technology Company of the Year” at the Global Water Intelligence (GWI) Global Water Awards in Madrid, Spain.

Each year, these prestigious awards recognize the most important achievements in the global water industry. The winners are selected by the global water industry’s business leaders, investors, and technologists from the private and public sectors. Gradiant was recognized for its significant contributions to the field of water and digital technology, specifically for its:

Counterflow Reverse Osmosis (CFRO) technology that made membrane brine concentration a reality for industrial and municipal users around the world. For new SWRO facilities, membrane brine concentration has made recovery rates of >99% viable, radically shifting long-standing design paradigms
Global deployment of SmartOps digital platform which offers continuous optimization of systems with variable feedwaters – one of the biggest challenges for zero and minimum liquid discharge technologies. Industrial and municipal customers are increasingly adopting AI platforms for their water and wastewater operations to address challenges from sustainability and cost pressures, business continuity, regulatory compliance, and climate events.
Pipeline of disruptive innovations resulting in more than 250 patents and applications that allow the company to address a broad range of emerging end-use applications. GWI said at the time of award, “No other company has brought more solutions to the industrial sector’s difficult water treatment challenges in the last 10 years.”
“It’s an honor to be recognized by our industry peers for our business growth, innovation, and technology adoption,” said Anurag Bajpayee, CEO of Gradiant. “Our expertise in digitizing and optimizing water has created new long-term value for our customers and competitive differentiation. We are grateful to our customers to trust Gradiant for solving their unique water challenges.”

Synauta, which was recently acquired by Gradiant, was awarded for its commercial breakthroughs in global water technology. Synauta optimizes the performance of desalination plants through machine learning algorithms. Synauta’s “setpoints-as-a-service” offering revolutionized the practices of desalination and reuse plant operators. Expansion into new geographies and securing new industry partnerships validated the role that data and machine learning will serve to reduce the energy, chemicals, and carbon footprint in the future of water.

About Gradiant
Gradiant is a global solutions provider and developer of cleantech water projects. Gradiant’s end-to-end solutions and technology expertise enable sustainable and cost-effective treatment of the world's most important water challenges. With a full suite of differentiated and proprietary technologies, powered by the top minds in water, Gradiant serves its clients' mission-critical operations in the world's essential industries. Gradiant was founded at the Massachusetts Institute of Technology (MIT) and is uniquely positioned to address the world’s increasing challenges created by industrialization, population growth, and water stress. Today, with over 400 employees, Gradiant operates from its global headquarters in Boston, regional headquarters and global technology labs in Singapore, and offices across ten countries. For more information, please visit gradiant.com.

About Synauta
Synauta combines a deep understanding of desalination and machine learning artificial intelligence to treat more water with less energy and chemicals to reduce operating costs for our customers. The company’s proprietary algorithms determine optimal operating conditions and maintenance programs for water facilities of leading organizations around the world. More information at synauta.com.

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Contacts
Corporate
Felix Wang
Gradiant, VP of Marketing
fwang@gradiant.com

Media
Consort Partners
gradiant@consortpartners.com

(BUSINESS WIRE) -- This announcement is not an offer, whether directly or indirectly, in Australia, Hong Kong, Japan, New Zealand, or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by applicable law. Shareholders not resident in Sweden who wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictions included in the section titled “Important information” at the end of this announcement and in the offer document, which has been published on the Offer website (www.smokefree-offer.com). Shareholders in the United States should also refer to the section titled “Special notice to shareholders in the United States” at the end of this announcement.

On May 11, 2022, Philip Morris Holland Holdings B.V.1 (“PMHH”), an affiliate of Philip Morris International Inc. (“PMI”) (NYSE: PM), announced a recommended public offer to the shareholders of Swedish Match AB (“Swedish Match”) to tender all shares in Swedish Match2 to PMHH (the “Offer”).

The offer document relating to the Offer has today been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen).

The offer document is available on the Offer website (www.smokefree-offer.com) in English and Swedish and will be available on the Swedish Financial Supervisory Authority’s website (www.fi.se) in Swedish. A copy of the offer document and a preprinted acceptance form will be sent to shareholders of Swedish Match whose shares were directly registered with Euroclear Sweden AB as of June 29, 2022, except for those domiciled in the excluded jurisdictions (see above). The acceptance form for directly registered shareholders of Swedish Match can also be obtained via email: smokefree-offer@answeronline.se.

The acceptance period of the Offer starts on June 29, 2022 and ends on September 30, 2022. Settlement is expected to commence on or around October 6, 2022.

PMHH has reserved the right to extend the acceptance period and, to the extent necessary and permissible, will do so in order for the acceptance period to cover applicable decision-making procedures at relevant authorities. PMHH has also reserved the right to postpone the settlement date, however, that settlement shall in any event be made within 7 business days following the expiration of the acceptance period (provided that the Offer has been declared unconditional). PMHH will announce any extension of the acceptance period and/or postponement of the settlement date by a press release in accordance with applicable laws and regulations.

For administrative questions regarding the Offer, please contact your bank or the nominee registered as holder of your shares.

The information was submitted for publication on June 28, 2022 at 11.00 a.m. (CEST).

Information about the Offer

 www.smokefree-offer.com

1 A Dutch private limited liability company (besloten vennootschap), with corporate registration number 20028955 and corporate seat in Bergen op Zoom, the Netherlands, indirectly wholly owned by PMI.
2 Excluding any treasury shares held by Swedish Match (currently 4,285,810 shares).

Important information

This press release has been published in Swedish and English. In the event of any discrepancy in content between the two language versions, the Swedish version shall prevail.

This announcement is not an offer, whether directly or indirectly, in Australia, Hong Kong, Japan, New Zealand, or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by applicable law (each a “Restricted Jurisdiction”). This offer constitutes an "exempt take-over bid" for purpose of applicable Canadian securities laws and shareholders resident in Canada are entitled to participate in the Offer on the same terms as shareholders in other applicable jurisdictions.

The release, publication, or distribution of this press release in or into jurisdictions other than Sweden may be restricted by law, and therefore any persons who are subject to the laws and regulations of any jurisdiction other than Sweden should inform themselves about and observe any applicable requirements. In particular, the ability of persons who are not resident in Sweden to accept the Offer may be affected by the laws and regulations of the relevant jurisdictions in which they are located. Any failure to comply with the applicable restrictions may constitute a violation of the securities laws and regulations of any such jurisdiction. To the fullest extent permitted by applicable laws and regulations, the companies and persons involved in the Offer disclaim any responsibility or liability for the violation of such restrictions by any person.

This announcement has been prepared for the purpose of complying with Swedish law, the Takeover Rules, and the Swedish Securities Council’s rulings regarding interpretation and application of the Takeover Rules, and the information disclosed may not be the same as that which would have been disclosed if this press release had been prepared in accordance with the laws and regulations of jurisdictions other than Sweden.

Unless otherwise determined by PMHH or required by Swedish law, the Takeover Rules and the Swedish Securities Council’s rulings regarding interpretation and application of the Takeover Rules, and permitted by applicable law and regulation, the Offer will not be made available, directly or indirectly, in, into, or from a Restricted Jurisdiction or any other jurisdiction where to do so would violate the laws and regulations in that jurisdiction, and no person may accept the Offer by any use, means, or instrumentality (including, but not limited to, facsimile, email, or other electronic transmission, telex, or telephone) of interstate or foreign commerce of, or of any facility of a national, state, or other securities exchange of any Restricted Jurisdiction or any other jurisdiction where to do so would constitute a violation of the laws and regulations of that jurisdiction, and the Offer may not be capable of acceptance by any such use, means, instrumentality, or facilities. Accordingly, copies of this press release and any formal documentation relating to the Offer are not being, and must not be, directly or indirectly, mailed or otherwise forwarded, distributed, or sent in or into or from any Restricted Jurisdiction or any other jurisdiction where to do so would constitute a violation of the laws and regulations of that jurisdiction, and persons receiving such documents (including custodians, nominees, and trustees) must not mail or otherwise forward, distribute, or send them in or into or from any Restricted Jurisdiction or any other jurisdiction where to do so would constitute a violation of the laws and regulations of that jurisdiction.

The availability of the Offer to shareholders of Swedish Match who are not resident in and citizens of Sweden may be affected by the laws and regulations of the relevant jurisdictions in which they are respectively located or of which they are citizens. Persons who are not resident in or citizens of Sweden should inform themselves of, and abide by, any applicable legal or regulatory requirements of their jurisdictions.

The Offer and the information and documents contained in this press release are not being made and have not been approved by an authorized person for the purposes of section 21 of the U.K. Financial Services and Markets Act 2000 (the “FSMA”). Accordingly, the information and documents contained in this press release are not being distributed to, and must not be passed on to, the general public in the United Kingdom, unless an exemption applies. The communication of the information and documents contained in this press release is exempt from the restriction on financial promotions under section 21 of the FSMA on the basis that it is a communication by or on behalf of a body corporate that relates to a transaction to acquire day-to-day control of the affairs of a body corporate or to acquire 50 percent or more of the voting shares in a body corporate, within article 62 of the U.K. Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.

This press release contains statements relating to future status or circumstances, including statements regarding the success of the acquisition, future performance, growth, and other trend projections and other benefits of the acquisition, that are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may generally, but not always, be identified by the use of words such as “anticipates,” “intends,” “expects,” “believes,” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of PMI and PMHH. Any such forward-looking statements speak only as of the date on which they are made, and PMI and PMHH have no obligation (and undertake no such obligation) to update or revise any of them, whether as a result of new information, future events, or otherwise, except for in accordance with applicable laws and regulations.

Merrill Lynch International (“BofA Securities”) and Citigroup Global Markets Limited (“Citi”), which are authorized by the Prudential Regulation Authority (“PRA”) and regulated in the U.K. by the Financial Conduct Authority (“FCA”) and the PRA, are acting as financial advisers for PMHH and for no one else in connection with the Offer and will not be responsible to anyone other than PMHH for providing the protections afforded to their respective clients or for providing advice in connection with the Offer or any other matters referred to in this announcement. Neither BofA Securities, Citi, nor any of their respective affiliates, directors, or employees owes or accepts any duty, liability, or responsibility whatsoever (whether direct or indirect, consequential, whether in contract, in tort, in delict, under statute or otherwise) to any person who is not a client of BofA Securities or Citi, respectively, in connection with this announcement, any statement contained herein, the Offer, or otherwise.

Special notice to shareholders in the United States

The Offer described in this press release is made for the issued and outstanding shares of Swedish Match, a company incorporated under Swedish law, and is subject to Swedish disclosure and procedural requirements, which may be different from those of the United States. In the United States, the Offer will also be made in accordance with certain provisions of the United States federal securities laws, to the extent applicable, including Section 14(e) of the U.S. Securities Exchange Act of 1934, as amended, and Regulation 14E thereunder (“Regulation 14E”); provided that PMHH has requested, and the Division of Corporation Finance of the U.S. Securities and Exchange Commission (the “SEC”) has granted, relief exempting the Offer from certain requirements of Regulation 14E in order to align aspects of the Offer in which Swedish laws and market practice conflict with U.S. federal securities laws. Accordingly, the disclosure and procedures regarding the Offer, including with respect to withdrawal rights, the Offer timetable, notices of extensions, announcements of results, settlement procedures (including as regards to the time when payment of the consideration is rendered), and waivers of conditions, may be different from requirements or customary practices in relation to U.S. domestic tender offers. Holders of the shares of Swedish Match domiciled or resident in the United States (the “U.S. Holders”) are encouraged to consult with their advisers regarding the Offer.

Swedish Match’s financial statements and all financial information included herein, or any other documents relating to the Offer, have been or will be prepared in accordance with International Financial Reporting Standards (IFRS) and may not be comparable to the financial statements or financial information of companies in the United States or other companies whose financial statements are prepared in accordance with U.S. generally accepted accounting principles. The Offer is made to the U.S. Holders on the same terms and conditions as those made to all other shareholders of Swedish Match to whom the Offer is being made. Any information documents, including the offer document, are being disseminated to U.S. Holders on a basis comparable to the method pursuant to which such documents are provided to Swedish Match’s other shareholders.

The U.S. Holders should consider that the price for the Offer is being paid in SEK and that no adjustment will be made based on any changes in the exchange rate.

It may be difficult for U.S. Holders to enforce their rights and any claims they may have arising under the U.S. federal or U.S. state securities laws in connection with the Offer, since Swedish Match and PMHH are located in countries other than the United States, and some or all of their officers and directors may be residents of countries other than the United States. U.S. Holders may not be able to sue Swedish Match or PMHH or their respective officers or directors in a non-U.S. court for violations of U.S. securities laws. Further, it may be difficult to compel Swedish Match or PMHH and/or their respective affiliates to subject themselves to the jurisdiction or judgment of a U.S. court.

To the extent permissible under applicable law or regulations, and in reliance on relief granted by the SEC exempting the Offer from certain of the requirements of Rule 14e-5 under Regulation 14E, PMHH and its affiliates or its brokers and its brokers’ affiliates (acting as agents for PMHH or its affiliates, as applicable) may from time to time and during the pendency of the Offer, and other than pursuant to the Offer, directly or indirectly purchase or arrange to purchase shares of Swedish Match outside the United States (or securities that are convertible into, exchangeable for, or exercisable for such shares). These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices, and information about such purchases will be disclosed by means of a press release or other means reasonably calculated to inform U.S. Holders of such information, to the extent required by applicable laws and regulations. In addition, affiliates to the financial advisers to PMHH may also engage in ordinary course trading activities in securities of Swedish Match, which may include purchases or arrangements to purchase such securities as long as such purchases or arrangements comply with applicable laws and regulations. Any information about such purchases will be announced in Swedish and in an English translation available to the U.S. Holders through relevant electronic media, including the Offer website at www.smokefree-offer.com, if, and to the extent, such announcement is required under applicable Swedish or U.S. law, rules, or regulations.

The receipt of cash pursuant to the Offer by a U.S. Holder may be a taxable transaction for U.S. federal income tax purposes and under applicable U.S. state and local, as well as foreign and other, tax laws. Each shareholder is urged to consult an independent professional adviser regarding the tax consequences of accepting the Offer. Neither PMHH nor any of its affiliates and their respective directors, officers, employees, or agents or any other person acting on their behalf in connection with the Offer shall be responsible for any tax effects or liabilities resulting from acceptance of this Offer.

NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY U.S. STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED THE OFFER, MADE ANY COMMENT UPON THE MERITS OR FAIRNESS OF THE OFFER, MADE ANY COMMENT UPON THE ADEQUACY OR COMPLETENESS OF THIS PRESS RELEASE, OR MADE ANY COMMENT ON WHETHER THE CONTENT OF THIS PRESS RELEASE IS CORRECT OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE IN THE UNITED STATES.

For the purposes of this press release, “United States” and “U.S.” mean the United States of America, including its territories and possessions and all states of the United States of America and the District of Columbia.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005608/en/

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Contacts
Philip Morris International
For additional information, please contact:
Investor Relations:
New York: +1 (917) 663 2233
Lausanne: +41 (0)58 242 4666
Email: InvestorRelations@pmi.com

Media Relations:
David Fraser
Lausanne: +41 (0)58 242 4500
Email: David.Fraser@pmi.com

(BUSINESS WIRE) -- VOOPOO，a global leading electronic atomization brand, released a seven-day countdown on its official website on June 23rd. According to this, a new product launch themed "More than Infinite" will be held at 10:00 p.m.(GMT+8) on June 29. As the initial new VOOPOO product launch of this year, what will be delivered in the launch is conspicuous.

What stories will be shared in this 8th Anniversary Show？
The launch event is not only held for new products, but also for celebrating the 8th establishment anniversary of VOOPOO. Since its establishment, VOOPOO has gained a reputation of developing a variety of revolutionary products. While promoting the development of the industry, VOOPOO achieved leaps of market share year by year. By far, VOOPOO has become a TOP brand in the Open Pod System. VOOPOO has also won a number of Vapoouround 2022 awards recently, which are known as the Oscars of the atomization industry, and has been highly praised by the industry and users. There is no doubt that VOOPOO will reveal some behind-brand stories at this 8th anniversary.

Is there a strong association between the Infinity symbol and VOOPOO brand?
The posters released on the official website and social platforms all used the infinity symbol as the main visual element of the launch.VOOPOO has lately launched a number of high-profile events around the world, whether the “Spark Your Life Infinite Challenge ”on the Tik-Tok, or the pop-up events organized by graffiti artists in the United Kingdom and Indonesia, were all attached to the infinity symbol strongly. Now it is clear that those were organized to warming up the launch. This launch themed as “More than infinity”, emphasizing that the infinity symbol seems to become the cultural totem of the VOOPOO brand. As for which brand spirit the infinity symbol marks, it will only be revealed on the launch.

What revolutionary breakthroughs will the new products be making in this launch?
Another highlight of the launch is the new products VOOPOO will debut this time. Judging from the relevant content disclosed on the official website, the overall KEY VISION style is very technologically avant-garde, and several products will be released at the same time. For VOOPOO, which was known for its product innovation, the new products of this time may make various breakthroughs in design and technology as well. The official revealed that the launch will be broadcasting live on its official YouTube channel at 10:00 p.m.（GMT+8） on June 29. At that time, global vape fans and industry observers will witness and participate in this feast served by VOOPOO.

About VOOPOO
VOOPOO is a leading brand of open pod system and has rapidly risen through DRAG products, which have been widely acclaimed globally in a short period of time. VOOPOO focuses on building two core technology platforms [Chip] and [Atomization]. VOOPOO has creatively developed GENE.AI, GENE.TT and other chips. In addition, VOOPOO independently developed three Atomization Platforms, which are TPP,PNP,ITO, aiming at differentiated users. VOOPOO has four major product series - ARGUS, DRAG, VINCI, and V-series(Doric). VOOPOO will continue to develop more national markets in the future, aiming to build one of the most influential global brands.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220623005539/en/

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Contacts
Nical Zhang
PR Manager
Nical.zhang@voopootech.com

(BUSINESS WIRE) -- On the occasion of the Qatar Economic Forum (QEF), an annual event organized by Bloomberg and gathering thousands of participants from June 20 to 22, the President of the Togolese Republic, H.E. Faure Essozimna Gnassingbé, participated in a session focused on the socio-economic, security and industrial context of the West African States, entitled "In Conversation with President Gnassingbe”.

This second edition of the Qatar Economic Forum (QEF), an event organized by Bloomberg from June 20 to 22 at the Ritz-Carlton Hotel in Doha, focused on the theme of a balanced global economic recovery. The panel session featuring H.E. Faure Essozimna Gnassingbe, entitled "In Conversation with President Gnassingbe", focused on Togo's socio-economic context, the progress made in development despite the health crisis, but also the concerns raised by inflation and insecurity.

“The first issue that we do have, as you know, is the consequences of the succession of the crisis with the rising cost of living for our population. I’m talking about Togo, but it can be extended to West Africa and the second one is the issue of security that we are facing in West Africa” he recalled as an introduction. « It [the security issue] started with what happened in Libya in 2011 and it continued in Mali in 2012, Burkina Faso in 2016. In the meantime, it was in Nigeria and Niger, now it’s threatening what we call the coastal countries meaning Ivory Coast, Nigeria, Togo and Benin” explained Faure Essozimna Gnassingbe.

However, given the Covid-19 pandemic, Togo has coordinated its response measures by supporting the most vulnerable and fragile populations. It was also an opportunity to specify measures to fight inflation and to recall Togo's competitive advantages, its attractiveness - notably through the Autonomous Port of Lomé - as well as the need to develop value chains in West Africa, a crucial step towards the industrialization of the continent: “[The regional context of insecurity] is also impeding our efforts to attract investors because the perception of the risk is higher, so the cost of investment is also higher. But we think that today, with the trend of the economy and the disruption of the supply chains in our countries, we have a chance, to build integrated industries – like textile.”

“Today, we can extend value chains in our countries; [in textile] from the cotton seeds to the final product; and we are even closer to European and the US ports and markets” also said the Togolese President.

The Forum, which was held in a hybrid format – face-to-face and by videoconference – brought together 11 state representatives, political decision-makers and senior government officials, international organizations, companies and experts from over 120 countries.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220623005599/en/

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Contacts
Press:
Présidence du Togo
communication@presidence.gouv.tg

Agence 35°Nord for the Togolese Republic
Cannelle Raberahina: cr@35nord.com
Moustapha Sow: ms@35ouest.com

With Energy-Saving technology, Powerful Performance, Easy Control, and Antimicrobial Treatment, LG’s Inverter Ducted Split is an Outstanding Air Solution for Your Business Space

With the intense summer heat approaching, many businesses look for efficient air solutions that would provide powerful cooling performance without consuming intolerable amounts of energy and affecting interior aesthetics. Understanding those needs, LG Electronics (LG) offers the LG Inverter Ducted Split which provides highly efficient cooling and heating performance while saving energy and being easy to control and integrate into the interior.

Energy Efficiency

Designed to provide optimal temperature control and at the same time optimize energy consumption, the LG Inverter Ducted Split is equipped with LG Inverter Compressor which ensures high energy savings and enhances its durability and reliability. It adjusts the output according to the outside temperatures, thus offering maximum energy efficiency. Additionally, the Dual Sensing Technology senses both humidity and temperature to ensure comfortable operation by providing a pleasant and comfortable cooling environment with reduced energy consumption.

Easy Installation and Control

The LG Inverter Ducted Split is easy to install, as well as easy to control with the E.S.P. (External Static Pressure) control function with a remote controller. This allows users to control the air volume rate and fan speed regardless of the external static pressure. The LG Inverter Ducted Split can also be controlled via Wi-Fi using Android or iOS based smartphones.

Antimicrobial Treatment

Understanding the need for increased air quality in the summer, LG equipped its Inverter Ducted Split with Safe Plus Insulation*, an anti-microbial treatment applied to the internal components of the indoor unit to prevent the growth of mold. This allows the Inverter Ducted Split to deliver a cleaner, healthier airflow and ensure pleasant cooling environment in the business space.

To learn more about LG Inverter Ducted Split, please visit:

https://www.lg.com/ae/business/single-split-concealed-duct

* Product feature is available in selected models only

# # #

About LG Electronics Air Solution Business Unit

LG Electronics’ Air Solution Business Unit is a global leader in HVAC and energy solutions with a comprehensive portfolio of proven expertise and performance. Launching Korea’s first residential air conditioner in 1968, LG has paved the way for total HVAC solutions over the last five decades through strategic utilization of advanced technologies. With a well-established production base and industry-leading capacity, the company provides effective HVAC solutions for both the commercial and residential sectors. Its wide range of cutting-edge systems for heating, ventilation and air conditioning truly represent LG’s initiative in offering the most optimized solutions for a variety of uses. Pursuant to its mission of “Innovation for a Better Life,” the company offers solutions boasting high energy efficiency and reliability based on its state-of-the-art knowhow and technologies to ensure the most optimal environment for users. For more information, please visit www.LG.com.

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Contacts
Media Contacts

LG-One

Nora Nassar

Email: Nora.nassar@lg-one.com

 BUDAPEST, Hungary-Thursday 23 June 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- The Fédération Internationale de Natation (FINA) and Corpay, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, are today delighted to announce a multi-year collaboration that will see Corpay Cross-Border group provide their foreign exchange (FX) solutions to FINA. This new deal was announced on the occasion of the 19th FINA World Championships Budapest 2022, which is playing host to the leading aquatics athletes from across the globe.

FINA and the wider FINA Family will gain access to Corpay’s innovative foreign exchange solutions to help manage currency exposure for international payments. In addition, Corpay Cross-Border’s award-winning trading platform will enable FINA to manage global foreign exchange payments from one single point of access.

As the global governing body of six aquatic disciplines – Swimming, Water Polo, Diving, High Diving, Artistic Swimming and Open Water Swimming – FINA’s collaboration with Corpay Cross-Border will create valuable opportunities for the global aquatic’s community, event hosts and FINA partners providing international payments and foreign exchange solutions and capabilities.*

FINA President Captain Husain Al-Musallam expressed his confidence in the partnership with Corpay: “We are very excited to have Corpay Cross-Border join the FINA family at such an exciting time for the Federation. With more than seventy international events annually, this collaboration is certain to help drive financial efficiencies with the multiple foreign currency transactions we undertake with our event hosts, member federations and partners on an annual basis.”

Corpay Cross-Border President, Mark Frey continued “Corpay Cross-Border is very honoured to join the FINA family as their Official FX Payments Supplier. I am confident that FINA and the broader FINA Family will benefit from access to our comprehensive cross-border payments and FX risk management solutions, along with our payments experience gained within the world of sports.” “We look forward to helping them power their global payments and execute their plans to manage their currency risk for many years to come.”

About Corpay

Corpay is a global leader in business payments, helping companies of all sizes better track, manage and pay their expenses. Corpay provides customers with a comprehensive suite of online payment solutions including Bill Payment, AP Automation, Cross-Border Payments, Currency Risk Management, and Commercial Card Programs. As the largest commercial issuer of Mastercard in North America, Corpay handles over a billion transactions each year. Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands. To learn more visit www.corpay.com.

About International Swimming Federation/ Fédération Internationale de Natation

Founded in 1908, FINA is the global governing body for aquatics sports. FINA’s main objectives is to promote and encourage the development of Aquatics throughout the world, ensuring fair competition and universality in participation. Comprising 209 affiliated National Member Federations on six continents it is headquartered in the Olympic capital city of Lausanne (SUI). FINA and its aquatic disciplines are a pillar of the Olympic Movement and give a decisive contribution to the success of the Games. Five FINA disciplines currently feature on the quadrennial Olympic programme – Swimming, Water Polo, Diving, Artistic Swimming and Open Water Swimming.

1 “Corpay” (a Fleetcor (NYSE: FLT) brand) in this document primarily refers to the Cross-Border Division of Corpay https://payments.corpay.com/cross-border; a full listing of the companies that are part of the Corpay brand is available here: https://payments.corpay.com/compliance.

* Subject to credit and compliance approval from the relevant Corpay company.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220622005024/en/

Contacts

Corpay Contact:

Brad Loder

VP, Cross-Border Marketing

(647) 627-6635

brad.loder@corpay.com

FINA Contact:

Torin Koos

Communications Manager

+41 21 310 47 10

torin.koos@fina.org

Strategic partnership to accelerate the next generation of personalized medicine and biomanufacturing
NEW YORK-Thursday 23 June 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Ligandal Inc., a leader in personalized genomic medicine, biomaterials, and AI and Nanotronics, a developer of advanced intelligent inspection systems and production hardware for adaptive manufacturing, today announced a partnership to commercialize, develop, and provide next-generation technologies for gene therapy, peptide materials, nanomaterials, and characterization of biological technologies.

Together, the two companies will implement future modular fabrication laboratories and inspection hardware as part of nanomedicine and nanomaterials-related development. Ligandal’s new headquarters will also be in The Brooklyn Navy Yard to ensure a cohesive ecosystem, effective collaboration, and generation of new product candidates and laboratory infrastructure.

“The Nanotronics-Ligandal partnership further solidifies New York as a life sciences and advanced manufacturing hub, boosting the ecosystem of great companies we have across the city, specifically in Brooklyn,” said Lindsay Greene, President & CEO of the Brooklyn Navy Yard. “This union of companies will not only continue to create new products at the forefront of life enhancing treatments but will also enable Nanotronics to continue to build and invest in local NYC talent pools that support their growth and innovations,” she continued. “This combination of accomplishments embodies many equitable and inclusive economic development principles and is thus a huge win for New York City and the Brooklyn Navy Yard.”

The companies will work together to create next-generation nanomaterials and end-to-end capabilities to design, characterize, synthesize, and support multiple therapeutic initiatives, including in rare disease-related applications, hematology, infectious disease, and biodefense. Ligandal has demonstrated efficient delivery to bone marrow, immune cells, and rare blood cell populations, as well as >99% inhibition of the virus that causes COVID-19 using its innovative peptide and nanoparticle-based delivery technologies.

“The purpose of this partnership is to scale rapidly, producing the next generation of cell and tissue-specific delivery technologies and synthetic peptides with the highest yields possible, while accelerating the translational development of much-needed precision therapeutics,” said Andre Watson, CEO and Chair of Ligandal. “This will allow the delivery of gene therapies exactly where they need to go, with precision and without the issues seen with viral delivery systems,” he continued. “We think this strategic partnership brings promise to the next frontier of medicine, biotherapeutics, and manufacturing.”

To fast-track Ligandal’s therapeutic programs and demonstrate the safety and efficacy for clinical applications, the company is pursuing a development path around rare hematological genetic diseases, immuno-oncology, and biodefense applications including conducting further trials with live SARS-CoV-2 virus with the National Institute of Allergy and Infectious Diseases (NIAID) and National Institutes of Health (NIH).

“The opportunity and synergies gained here will range from preventing and treating genetic diseases and correcting broad metabolic and degenerative disorders to augmenting and promoting a more robust immune response to the likes of COVID, other emerging infectious diseases, and cancers,” said Dr. Daniel B. Fagbuyi, Chief Medical Officer & EVP for Ligandal and former Obama Administration Biodefense and Public Health appointee. “This platform and partnership also help bridge gaps between the long-standing health inequities and disparities faced with current-generation medicine.”

Ligandal has demonstrated rapid, predictive capabilities to generate peptides to mimic biological interactions, driven by an AI-based approach for simulating, designing, and synthesizing cell-specific targeting technologies for gene therapy, editing, and beyond.

“We are incredibly honored to work with Andre and his team to advance personalized genomic medicine and will deploy our engineers as quickly as possible to optimize the manufacturing of their delivery technologies every step of the way using our proprietary AIPC™ Platform,” said Dr. Matthew Putman, CEO, and cofounder of Nanotronics.

About Ligandal

Ligandal is developing next-generation, precision genetic nanomedicine and delivery technologies for gene editing, gene therapy, regenerative medicine, and pandemic defense biotechnology applications. The company uses computational biology, machine learning, and AI with a novel platform for cell-specific and tissue-specific delivery and next-generation nanomaterials. Ligandal develops peptide-based technologies for gene therapy, gene editing, regenerative medicine, immunotherapy, and advanced antidote-vaccine technologies, and utilizes computational biology approaches to predictively generate approaches for delivery to and modulation of various disease states.

​Ligandal’s lead efforts are in hematological gene editing, in addition to a pandemic mitigation platform, tailored for COVID-19 as SARS-BLOCK™, which was designed as an early treatment and prophylactic against the virus that causes COVID-19. Ligandal has numerous discovery-stage programs for the treatment of rare diseases and cancers using their peptide-based, novel nanomaterials platform.

About Nanotronics

Nanotronics is an advanced machines and intelligence company that helps customers across the public, private, and nonprofit sectors solve the unique inspection and process control challenges of precision manufacturing. A leading developer of automated optical inspection tools for the semiconductor industry, Nanotronics uses hardware and software to provide industrial-scale, high-throughput, super imaging systems.

Deployed across fifteen countries and industry agnostic, Nanotronics works with leading-edge companies, from aerospace to electronics and healthcare, to drive up yield, reduce footprint and waste, lower costs, and speed up design iteration, while eliminating laborious manual inspections.

To learn more, visit www.nanotronics.co and www.ligandal.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220622005542/en/

Contacts

Ligandal

press@ligandal.com

Nanotronics

Mary Cunney

Chief Marketing and Communications Officer, Nanotronics

mcunney@nanotronics.co

Jack Kerwin

Director of Strategy and Business Development, Nanotronics

jkerwin@nanotronics.co

 Six companies listed on the Iraq Stock Exchange (ISX) decided to distribute cash dividend with high yields in the first half of 2022.

DUBAI, United Arab Emirates-Tuesday 21 June 2022 [ AETOS Wire ]

Six companies listed in Iraq Stock Exchange (ISX) distributed healthy cash dividends, with Asiacell leading the way with an 11.8% dividend yield. The company is the second-largest mobile operator in Iraq, with the greatest number of subscribers and the most extensive in terms of revenue market share.  

According to Rabee Securities, many Iraqi listed companies are healthy with positive cash flow for various reasons such as increased purchase power and better economic fundamentals with stable and improved oil prices, which are the backbone of Iraq's economy.  

Baghdad Soft Drinks announced dividend with a yield of 5.3%. The company is a PepsiCo International franchisee and the largest listed industrial company on the ISX that produces and distributes PepsiCo's soft drink brands in the middle and the southern regions of Iraq. 

Iraqi for Seed Production announced dividend with a yield of 5.2%, while Baghdad Hotel , a hotel that opened in 1958 with 160 rooms, announced to distribute dividend with a yield of 3.2%. 

Trust International Islamic Bank that was a money transfer company before announced to distribute dividend with a yield of 2.9%, and Al-Mamoura Realestate Investment Company declared to distribute dividend at a yield of 2.0%.

Between 2019 and 2021, Asiacell and Baghdad Soft Drinks distributed cash dividends yearly with a yield range of 7.4% to 14.3% and 2.9% to 5.6%, respectively.

Contacts

Mohammed Al Barazenjey 

00971557163727

mb@saharapr.com