News Hub | News Direct

Transportation

Airlines Automotive Electric Vehicles Logistics Maritime
Article thumbnail News Release

Minuteman Press Franchisees Dawn and Dean Seifert Celebrate 15 Years in Youngstown, Ohio

Minuteman Press International Inc

Dawn and Dean Seifert, owners of two Minuteman Press franchises in Youngstown and Warren, Ohio, are celebrating 15 years in business for their Youngstown location, which opened in May 2007. Minuteman Press in Youngstown is located at 3200 Belmont Avenue, Youngstown, OH 44505. In January 2020, Dawn and Dean purchased Minuteman Press in Warren located at 2460 Elm Road NE, Unit 500, Warren, OH 44483. Prior to franchising with Minuteman Press, Dean grew up in a family-owned print shop while Dawn worked in banking. They decided to own a business “to set our own destiny,” says Dawn. When asked about their success and longevity over the past 15 years, Dean says, “There are 4 keys to our business: Being able to have two of our four children work with us in the family business. Our customer service – we never tell a client that something can’t be done. We update our equipment when needed to make sure we operate efficiently. Following the Minuteman Press franchise system and marketing to our clients and community.” Dawn adds the following insights on how they have successfully marketed the business. She says, “There are 4 primary ways we have grown our business: Getting involved in the community and sponsoring various local events. Visiting our clients on a regular basis. Providing customers with our branded promotional items. Utilizing email marketing campaigns.” For Dawn and Dean, their high-demand products from clients include “custom printed brochures, branded promotional products, and full-scale direct mail marketing campaigns that include graphic design, printing, and mailing.” Dean says, “People still like to have something to hold onto and printing is the perfect way to put your brand in their hands and make a lasting impression.” Today, the local business community is looking bright. Dean shares, “We are excited to be part of a community along Liberty’s Belmont Avenue Business Corridor, which is the Mahoning Valley’s home base for many family-owned businesses. We are local businesses supporting each other and our customers. One of the biggest rewards of owning this business is building real relationships with our clients and having them become part of our family.” As part of the Minuteman Press franchise system for 15 years, Dawn and Dean share their three key benefits of franchising: “The corporate and local regional offices are always just a phone call away. The training was perfect for us and laid the foundation for how we operate our business. The Minuteman Press FLEX software helps us manage our business – it is easy to learn and operate/maintain.” As for what advice they would give to other businesses owners right now, Dean says, “Don’t try to do everything yourself. Also, treat your employees right and share your growth with them.” For more information about Minuteman Press in Youngstown, Ohio, visit https://minuteman.com/us/locations/oh/youngstown/ For more information about Minuteman Press in Warren, Ohio, visit https://minuteman.com/us/locations/oh/warren/ Learn more about #1 rated Minuteman Press franchise opportunities and to see Minuteman Press franchise reviews, visit https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

November 17, 2022 10:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Volatus Aerospace Introduces All-Terrain Robotic Crawler, Hydra

Volatus Aerospace Corp.

Today, Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") introduces the robotic crawler, Hydra. Outfitted with wear-resistant all-terrain treads and built on a solid metal chassis, the Hydra is a robotic crawler platform controlled with a rugged dual-screen remote and equipped with an easy-to-use customizable switch layout. Designed for use in a variety of applications with a wide range of payloads, it can handle challenging terrains and dangerous situations with ease, prioritizing the safety of human life. “The Hydra was built to withstand tough conditions, like those you would encounter at mining sites and wildfires,” explained Pedram Nowroozi, CTO of Volatus aerospace. “In fact, we began development on the Hydra based on a need from one of our mining clients. They wanted to be able to go into tight and rugged spaces with a LiDAR sensor for surveying and mapping projects that would otherwise be dangerous for their crew. We are proud of what we accomplished and very excited to be making these units available commercially.” “ According to Future Market Insights, smart mining technologies alone are predicted to reach $9 B by 2032 US with a CAGR of 14%,” said Glen Lynch, CEO of Volatus Aerospace. “The Hydra was designed to capture that market and has the capability to expand into other diverse markets like firefighting. In fact, we’ve already developed a model that can provide fire suppression so that firefighters can multiply their workforce when fighting complex and dangerous fires.” Customizable to fit client’s exact needs, the Hydra can handle up to 120 kilograms with a standard three-hour runtime in a 2-kilometer range, with optional upgrades to increase range, including a 5G 4 SIM LTE module and a larger 6-hour battery. Volatus’ mining client has already taken delivery of their first Hydra unit. The Company is now making it available to more clients as off the shelf or a specifically customized product. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the business plans and expectations of the Company; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; and meeting the continued listing requirements of the TSXV. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Pedram Nowroozi +1 647-887-1448 pedram.nowroozi@volatusaerospace.com Company Website https://volatusaerospace.com

November 17, 2022 06:30 AM Eastern Standard Time

Image
Article thumbnail News Release

Curb teams up with American Express to Give Back to NYC Taxi Drivers This Holiday Season

Curb

Curb, the leading ride-hailing app for licensed taxi and for-hire rides in North America, today announced a partnership with American Express ® (NYSE: AXP), the globally integrated payments company, to help give back to New York City taxi drivers this holiday season. Curb will launch a holiday rewards program for its taxi drivers, a workforce that plays an integral part in the city’s transportation system. American Express will provide support by funding American Express® gift Cards that Curb will manage and distribute to drivers through its rewards program, and could be used for gas or to make holiday purchases. In New York City, ten outstanding drivers on the Curb e-hail platform will be rewarded with a $500 American Express® gift Card each month. Curb’s rewards program will kick off the holiday season at the end of November and run through the end of April. “As a driver-first company, we recognize that taxi drivers are the backbone of not only our business, but NYC transportation as a whole, and we’re delighted to spotlight the hard-working drivers behind the wheel,” said Amos Tamam, Founder and CEO of Curb. “With the rapid development of ride-share businesses over the last few years, taxi drivers, many of whom have been driving for decades and have invested in this job through the purchase of a medallion, are small businesses in their own right.” “American Express is pleased to help support the taxi drivers of New York City during their busiest season,” said Tatia Adams Fox, Vice-President and General Manager in the National Client Group at American Express. “By teaming up with Curb, we’re able to help give back to the taxi drivers in New York City while also showcasing the importance of supporting local businesses.” In parallel, Curb has joined the Small Business Saturday® Corporate Supporter Program and will join American Express to raise awareness on the importance of supporting small businesses on Small Business Saturday (November 26) and all holiday season long through a marketing campaign that will run on the Curb app and on Curb’s in-vehicle TaxiTV platform. “These initiatives allow us to show more appreciation for drivers and encourage more people to support taxi travel this season, a small business service that has been consistent, reliable and supporting New Yorkers for decades,” added Tamam. “New York residents and those visiting the city can also feel encouraged to ride their local taxi to their nearest local shop or restaurant during Small Business Saturday.” To learn more about Curb, please visit gocurb.com About Curb Mobility Curb is reimagining urban mobility with a driver-first approach to ride-hailing. Bringing upfront pricing to the largest nationwide network of taxis and licensed for-hire vehicles, Curb provides unparalleled transparency to riders and drivers alike. Curb is connected to over 100,000 drivers in dozens of cities across the US and UK, powering millions of taxi rides worldwide and facilitating billions of dollars in payment transactions annually through its open mobility platform. Curb has built an innovative suite of products that provide a unified supply of taxis and licensed for-hire vehicles - the first of its kind to bring solutions for passengers, drivers, and fleet management. Their B2B services power millions of rides for transit agencies, healthcare providers, and businesses while also providing effortless payments and advertising that reaches captive audiences of millions on Taxi TV. About American Express American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress. Key links to products, services and corporate responsibility information: personal cards, business cards, travel services, gift cards, prepaid cards, merchant services, Accertify, Kabbage, Resy, corporate card, business travel, diversity and inclusion, corporate responsibility and Environmental, Social, and Governance reports. Contact Details North 6th Agency for Curb +1 212-334-9753 Curb@n6a.com Company Website https://gocurb.com/

November 16, 2022 08:58 AM Eastern Standard Time

Article thumbnail News Release

VinFast celebrates Canadian launch with opening of first store at Yorkdale Shopping Center

Vingroup

TORONTO, CANADA – Media OutReach - 16 November 2022 – VinFast officially opened its first Canadian store at Yorkdale Shopping Centre in Toronto, Ontario. The flagship location is part of the company's rollout in Canada, with seven more stores set to open before year end, including two locations at CF Carrefour Laval in Quebec, and Park Royal Shopping Centre in Vancouver, British Columbia. The VinFast Store network in Canada is part of VinFast’s go-to-market strategy, in which eight retail and service centers opening in 2022 will be the first in a network of locations to build personalized relationships with Canadian customers, ensuring reliability, convenience and peace of mind throughout the process of purchasing and owning their VinFast vehicles. Designed to convey the "Future of Mobility'' theme, VinFast Yorkdale is created with futuristic and minimalist design languages, advanced technology, interactive consumer experience. The spacious in-store ambience blends modern finishes sourced from local Canadian producers with design elements inspired by the beauty of Vietnam's natural wonders to provide customers with a seamless experience. With a prime location, customers can access VinFast Yorkdale with ease to explore the interior and exterior details of VinFast’s electric SUVs – the VF 8 and VF 9, while experiencing the advanced technologies and engaging one-on-one with VinFast product experts. At VinFast Yorkdale, visitors will also be able to test drive the VF 8 and viewvehicle features on a large LED screen – an exclusive for VinFast, globally. Mr. Huynh Du An, CEO of VinFast Canada shared: “ The opening of the first store in Canada marks the next milestone in VinFast's global expansion journey. Our network of stores will be key in interacting with our customers, ensuring quality service, and strong relationships in Canada on our journey towards a sustainable future. ” Customers can visit VinFast Yorkdale at 3401 Dufferin St, Toronto, ON M6A 2T9 and reserve the VF 8 and VF 9 on VinFastAuto.ca, as well as stay up to date on future VinFast events and the upcoming store openings: VinFast Carrefour: CF Carrefour Laval, 3003 Boul. le Carrefour, Laval, QC H7T 1C7 VinFast Park Royal: Park Royal Shopping Centre, 2002 Park Royal S, West Vancouver, BC V7T 2W4 About VinFast VinFast – a member of Vingroup – envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam. Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: VinFastAuto.com. About Vingroup Established in 1993, Vingroup is one of the leading private conglomerates in Asia, with a total capitalization of approximately $35 billion USD from three publicly traded companies. Vingroup currently focuses on three main areas: Technology and Industry, Services, and Social Enterprise. Find out more at: Vingroup.net/en. Contact Details Media Contact v.phuongmt8@vingroup.net Company Website https://vinfastauto.ca/

November 16, 2022 08:30 AM Eastern Standard Time

Image
Article thumbnail News Release

Last-Mile Delivery Carrier Better Trucks Secures $15 Million for Expansion

Better Trucks

New funding expedites market expansion and technology investments Better Trucks, a technology-driven logistics firm focused on rapid parcel delivery, secured a $15 million round led by venture capital firm Lobby Capital with Corazon Capital and Venture 53 also participating. Better Trucks is a last-mile delivery carrier focused on next-day and two-day parcel shipping to residential customers, leveraging in-house technology to streamline the delivery process. Its shipping clients include leading national retailers delivering across the Midwest, Northeast, Southeast, and Texas, as well as e-commerce and fulfillment companies such as ShipBob. Better Trucks is also available on the leading multi-carrier shipping platforms such as EasyPost and ProShip. “This first outside investment allows us to expand our footprint and build upon our proprietary tech stack to deliver a better experience for our clients and their customers,” said Andy Whiting, Better Trucks co-founder and CEO. “These investment partners share our vision for the next age of delivery that puts customers’ unique needs ahead of the outdated demands of legacy delivery companies.” Better Trucks has expanded its market footprint to 25 metro areas across 17 states, with plans to double its coverage area over the next year. To support its fast-growing customer base, this round injects capital for Better Trucks to invest in additional warehouse capacity throughout the United States and to hire in the technology, operations, and corporate functions, as well as build its flexible driver workforce. “Better Trucks changes the delivery game through its tech-forward, end-to-end solution for any commercial shipper,” said Eric Carlborg, co-founder of Lobby Capital, lead investor of the round. “We got under the hood of Better Trucks and see a bright future for Andy, Weston and their team who have figured out how to supplant the incumbents to serve clients with flexibility, speed and efficiency as shipping demand soars.” Retailers, e-commerce, fulfillment companies, and traditional third-party logistics (3PL) distribution companies drive Better Trucks’ growing customer base in a market experiencing rapid growth. Parcel volume in the U.S. increased to 21.6 billion packages in 2021 according to the 2022 Pitney Bowes Parcel Shipping Index. U.S. carrier revenue shot up 16% year over year, to $188 billion. Founded by Andy Whiting and Weston Webb in 2019, the Better Trucks leadership team marries deep technology and logistics backgrounds, taking a technology-first mindset to their approach to improving parcel delivery. From the first package scan to the final delivery notification, Better Trucks is building its software solution from the ground up to improve parcel visibility, communication throughout the delivery process, and increase efficiency at every step in the journey. About Better Trucks Better Trucks is a technology-driven, last-mile delivery carrier built for digital commerce. Founded in 2019, it delivers a better experience for retailers, e-commerce firms, and fulfillment centers to ship parcels faster with better communication and better value. Specializing in next-day and two-day deliveries, Better Trucks sorts and labels packages within its strategically-placed warehouses and delivers them through its extensive driver network. Visit bettertrucks.com. Contact Details Better Trucks John Hall +1 303-223-6965 john@hallwaycommunications.com Company Website https://www.bettertrucks.com/

November 15, 2022 07:01 AM Central Standard Time

Image
Article thumbnail News Release

Cooper Standard Announces Execution of Transaction Support Agreement

Cooper Standard

Cooper-Standard Holdings Inc. (NYSE: CPS) (“CPS”) today announced it and certain of its subsidiaries had entered into a transaction support agreement (the “TSA”) with an ad hoc committee of holders (the “Consenting Noteholders”) of approximately 62.7% of the aggregate principal amount of the 5.625% Senior Notes due 2026 (the “2026 Senior Notes”) issued by Cooper-Standard Automotive Inc. (the “Company”). The TSA contemplates the following transactions (the “Refinancing Transactions”): Concurrent Notes Offering A notes offering (the “Concurrent Notes Offering”) to holders of the 2026 Senior Notes to purchase for cash $580.0 million aggregate principal amount of newly issued 13.50% Cash Pay / PIK Toggle Senior Secured First Lien Notes due 2027 (the “New First Lien Notes”). The Company intends to use the proceeds from the New First Lien Notes, together with cash on hand, to prepay the Company’s existing senior term loan facility, redeem its 13.000% Senior Secured Notes due 2024 and pay related fees and expenses. Exchange Offer An exchange offer (the “Exchange Offer”) conducted by the Company for any and all of its $400.0 million in aggregate principal amount of 2026 Senior Notes to holders of 2026 Senior Notes who participate in the Concurrent Notes Offering in exchange for newly issued 5.625% Cash Pay / 10.625% PIK Toggle Senior Secured Notes due 2027 (the “New Secured Notes”) on a par-for-par basis. Consent Solicitation The Company will seek, and holders of 2026 Senior Notes who tender pursuant to the Exchange Offer will be required to deliver, consents to amend the indenture under which the 2026 Senior Notes were issued (the “2026 Senior Notes Indenture”) to remove substantially all of the covenants, certain events of default and certain other provisions contained in the 2026 Senior Notes and 2026 Senior Notes Indenture. In order to approve the amendment, consents must be delivered and not revoked in respect of at least a majority of the outstanding principal amount of the 2026 Senior Notes. Backstop Agreement The Consenting Noteholders (including certain other investors designated by the Consenting Noteholders, the “Backstop Parties”) have agreed in the TSA to enter into a backstop agreement (the “Backstop Agreement”) with the Company prior to launch of the Refinancing Transactions, to purchase any New First Lien Notes that are not otherwise subscribed for by holders of the 2026 Senior Notes in the Concurrent Notes Offering. As consideration for the Backstop Parties’ backstop commitment and pursuant to the terms and conditions set forth in the Backstop Agreement, the Backstop Parties will be entitled to receive a cash fee. The Company expects to commence the Exchange Offer, Concurrent Notes Offering and Consent Solicitation in December. The commencement and consummation of the Refinancing Transactions contemplated by the TSA will be conditioned on the satisfaction or waiver of certain conditions precedent, including finalizing all definitive documents. The Refinancing Transactions may not be completed as contemplated or at all. If the Company is unable to complete the Refinancing Transactions or any other alternative transactions, on favorable terms or at all, due to market conditions or otherwise, its financial condition could be materially adversely affected. This communication is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security and does not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Forward Looking Statements This press release includes “forward-looking statements” within the meaning of U.S. federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Our use of words “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “believe,” “outlook,” “guidance,” “forecast,” or future or conditional verbs, such as “will,” “should,” “could,” “would,” or “may,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon our current expectations and various assumptions. Our expectations, beliefs, and projections are expressed in good faith and we believe there is a reasonable basis for them. However, we cannot assure you that these expectations, beliefs and projections will be achieved. Forward-looking statements are not guarantees of future performance and are subject to significant risks and uncertainties that may cause actual results or achievements to be materially different from the future results or achievements expressed or implied by the forward-looking statements. Among other items, such factors may include: Impacts, including our ability to launch and complete the Refinancing Transactions; commodity cost increases and disruptions related to the war in Ukraine and the current COVID-related lockdowns in China; our ability to offset the adverse impact of higher commodity and other costs through negotiations with our customers; the impact, and expected continued impact, of the COVID-19 outbreak on our financial condition and results of operations; significant risks to our liquidity presented by the COVID-19 pandemic risk; prolonged or material contractions in automotive sales and production volumes; our inability to realize sales represented by awarded business; escalating pricing pressures; loss of large customers or significant platforms; our ability to successfully compete in the automotive parts industry; availability and increasing volatility in costs of manufactured components and raw materials; disruption in our supply base; competitive threats and commercial risks associated with our diversification strategy through our Advanced Technology Group; possible variability of our working capital requirements; risks associated with our international operations, including changes in laws, regulations, and policies governing the terms of foreign trade such as increased trade restrictions and tariffs; foreign currency exchange rate fluctuations; our ability to control the operations of our joint ventures for our sole benefit; our substantial amount of indebtedness and variable rates of interest; our ability to refinance our indebtedness and obtain adequate financing sources in the future; operating and financial restrictions imposed on us under our debt instruments; the underfunding of our pension plans; significant changes in discount rates and the actual return on pension assets; effectiveness of continuous improvement programs and other cost savings plans; manufacturing facility closings or consolidation; our ability to execute new program launches; our ability to meet customers’ needs for new and improved products; the possibility that our acquisitions and divestitures may not be successful; product liability, warranty and recall claims brought against us; laws and regulations, including environmental, health and safety laws and regulations; legal and regulatory proceedings, claims or investigations against us; work stoppages or other labor disruptions; the ability of our intellectual property to withstand legal challenges; cyber-attacks, data privacy concerns, other disruptions in, or the inability to implement upgrades to, our information technology systems; the possible volatility of our annual effective tax rate; the possibility of a failure to maintain effective controls and procedures; the possibility of future impairment charges to our goodwill and long-lived assets; our ability to identify, attract, develop and retain a skilled, engaged and diverse workforce; our ability to procure insurance at reasonable rates; and our dependence on our subsidiaries for cash to satisfy our obligations; and other risks and uncertainties, including those detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements. Our forward-looking statements speak only as of the date of this press release and we undertake no obligation to publicly update or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except where we are expressly required to do so by law. This press release also contains references to estimates and other information that are based on industry publications, surveys and forecasts. This information involves a number of assumptions and limitations, and we have not independently verified the accuracy or completeness of the information. # # # Contact Details Contact for Analysts: Roger Hendriksen +1 248-596-6465 roger.hendriksen@cooperstandard.com Contact for Media: Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Company Website https://www.cooperstandard.com/

November 15, 2022 08:00 AM Eastern Standard Time

Article thumbnail News Release

Cooper Standard’s Thermoplastic Thermal Management Solution for Battery Electric Vehicles Wins SPE® Automotive Innovation Award

Cooper Standard

Cooper Standard (NYSE: CPS) is pleased to announce that it has earned an Automotive Innovation Award from the Society of Plastics Engineers (SPE) for its Thermoplastic BEV (battery electric vehicle) Thermal Management Solution supplied to the 2023 General Motors Co. Cadillac Lyriq. Cooper Standard was recognized during the 51 st annual Automotive Innovation Awards Gala, held Nov. 2 in Livonia, Mich. The event is the oldest and largest recognition event (established in 1970) in the automotive and plastics industries. “This is a notable honor for Cooper Standard, as the Company continues to evolve for the future of mobility and meet the needs of our customers,” said Tom Stimson, VP, engineering & product development, Cooper Standard. “Our Thermoplastic BEV Thermal Management Solution is a great example of the impactful evolution Cooper Standard is creating. Congratulations to our dedicated employees who contributed to this outstanding achievement.” Cooper Standard’s Thermoplastic BEV Thermal Management Solution was honored in the Materials category. The solution involves two developments that provide a lightweight, thermoplastic solution for BEV thermal management systems. The two developments are: Cooper Standard’s PlastiCool® 2000 multilayer tubing for glycol applications that reach 120°C, which provides excellent chemical resistance, 25% better permeation resistance and 60% lower weight than EPDM (ethylene propylene diene monomer). It is available in smooth, convoluted, round and non-round configurations. Ergo-Lock™+ connectors, which are designed to meet the growing demands of diverse powertrains. Ergo-Lock+ provides performance and product feature enhancements – flexibility, visual and scannable latch verification, and reduced insertion forces by more than 30% (versus traditional VDA connectors). The system’s modularity permits hundreds of connector configurations to be produced from a standard set of molded subcomponents at lower total cost. The SPE Automotive Innovation Awards program honors the best companies in automotive plastics. Category and Grand Award winners were selected from a group of finalists by a group of journalists, academics, and retired industry chief engineers. To view the full list of winners, visit: https://speautomotive.com/wp-content/uploads/2022/11/IAGGuide22_Winners.pdf About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. ### CPS_G Contact Details Chris Andrews Cooper Standard +1 248-596-6217 candrews@cooperstandard.com Company Website https://www.cooperstandard.com/

November 14, 2022 04:30 PM Eastern Standard Time

Image
Article thumbnail News Release

GETIR GOES BANANAS CELEBRTATING ONE YEAR U.S. ANNIVERSARY!

Getir

Getir, the pioneer of ultrafast grocery delivery, celebrates one year of launching in the United States in Chicago, New York, and Boston. Through its revolutionary last-mile grocery delivery service, the Getir app has been opened in the U.S. more than 40 million times, saving users over 700,000 hours. To celebrate, bananas, the most popular selling product on the U.S. app, are available for nine cents. According to data from the U.S. Bureau of Labor Statistics, the average cost of bananas is $0.64 per pound, approximately $0.21 each. “We are excited to be celebrating our one year anniversary in the United States. We are proud of this accomplishment and all of our teams who have made this first year in the United States successful,” said Langston Dugger, Head of US Operations. “American customers enjoy the convenience and reliability of our service and variety of our products.” A bunch of stats: Top Ten Selling Products Top Neighborhoods Chicago – River North Boston – Brookline New York – Lower East Side Distance Traveled Getir has fulfilled orders by traveling over 1.4 million zero-emission miles, equating to 402,000 pounds of CO2 emissions saved Our delivery team has clocked enough miles to travel around the world 57 times, three times to the moon and back Charitable Efforts Donated over 75,000 meals to local nonprofits Saved the equivalent of 8.9 million gallons of water through food donations About Getir: Getir is the pioneer of ultrafast grocery delivery. The tech company, based in Istanbul, has revolutionized last-mile delivery with its “groceries in minutes” delivery proposition, offering approximately 2,000 everyday items to its customers. Getir has operations in all 81 cities of Turkey, and launched operations in the UK, the Netherlands, Germany, France, Spain, Portugal and the United States in 2021. Learn more at www.getir.com/us. Contact Details Arielle Goren +1 212-717-5863 getir@kivvit.com Company Website http://www.getir.com/us

November 14, 2022 02:15 PM Eastern Standard Time

Article thumbnail News Release

Nickelytics Partners With Serve Robotics And The Ad Council For A New Kind Of Advertising

Nickelytics

Interested in investing in Nickelytics Republic’s campaign? Click here to get started. No matter how old you are, you are likely familiar with Smokey Bear’s relentless fight to protect our national forests against wildfires. This year, the Smokey Bear campaign celebrated its 78th birthday, making it America’s longest-running public service announcement (PSA) campaign with the catchphrase “Only You Can Prevent Wildfires.” Now more than ever, people need to help stop the spread of wildfires. Nickelytics announced recently that it is partnering with the autonomous delivery company Serve Robotics and the Advertising Council to deliver the longest-running PSA campaign to a new platform — delivery robots. Nickelytics is a hyperlocal out-of-home (OOH) advertising company that wants to revolutionize the OOH industry. The company is bringing OOH into the 21st century, and its partnership with Serve Robotics is just one part of its strategy. The Ad Council’s Smokey will be wrapped around Serve Robotics delivery robots in Los Angeles, increasing wildfire prevention awareness in a region frequently affected by blazes. Serve Robotics has developed level-four self-driving robots that have completed tens of thousands of deliveries across Los Angeles for Uber Eats and various other delivery platforms. This ad campaign will be promoted in highly visible areas of Los Angeles. "We are thrilled to partner with Serve Robotics to pioneer an exciting new form of out-of-home advertising," said Judah Longgrear, co-founder and CEO of Nickelytics. "Launching this campaign with Smokey Bear is a significant milestone for our team and only the beginning of our expansion in the Los Angeles market. We look forward to amplifying Smokey’s message and measuring the expected increase in campaign engagement using our real-time digital measurement capabilities." Ad Council Vice president of Emerging Media & Technology Laurie Keith said the organization is constantly strategizing innovative ways to reach people that complement or go beyond traditional media. With nearly 9 out of 10 wildfires nationally caused by humans, it’s important for everyone to do their part to prevent unwanted fires. "Our new partnership with Nickelytics will allow us to share Smokey Bear’s message on eye-catching delivery robots and share critical information in an unforgettable way," Keith said. Nickelytics’ proprietary technology and advertiser relationships made the company an ideal partner to help Serve Robotics bring out-of-home advertising to its growing autonomous delivery platform, Serve Robotics Chief Operations Officer Touraj Parang said. "We are delighted to increase public awareness of wildfire prevention while helping reduce emissions and traffic congestion in Los Angeles with our friendly sidewalk robots," Parang said. Serve Robotics and Nickelytics have entered into an ongoing partnership to offer advertising opportunities to companies. The major reason Nickelytics is distinguishing itself from other OOH advertising companies is that its platform uses GPS and cellphone location tracking. This component of its platform makes advertising more successful for clients, allowing companies to retarget with digital ads. Nickelytics is demonstrating its commitment to revolutionizing the OOH advertising space with this partnership. In addition to autonomous robots, the company is working to expand into the electric vehicle space. Nickelytics, a Techstars backed startup, is a platform that makes launching hyper-local out-of-home advertising as simple as posting online ads. Nickelytics brings together the physical presence of outdoor advertising with the power of digital technology for unbeatable results. Nickelytics leverages out-of-home advertisements through premium mobile assets, such as gig economy vehicles, autonomous delivery robots, e-scooters and electric vehicle charging networks to help marketers reach customers regardless of location. Mobillity asset owners also receive another stream of revenue by partnering with marketers. With the help of Nickelytics’ analytics, companies can better comprehend their return on ad spend thanks to Nickelytics’ sophisticated attribution and digital retargeting capabilities. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Nickelytics info@nickelytics.com Company Website https://www.nickelytics.com/

November 11, 2022 08:00 AM Eastern Standard Time

1 ... 6768697071 ... 142