Day: May 2, 2023

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Universal Peace Federation Assembles Global Leaders From More Than 150 Countries To Develop New Model for Leadership, Action

Peace Summit 2023: Toward A World Culture of Peace

Washington, DC, May 02, 2023 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE

Peace Summit 2023: Toward A World Culture of Peace

Universal Peace Federation Assembles Global Leaders To Develop New Model for Leadership, Action 

Global leaders are gathering in South Korea to discuss contemporary challenges to global well-being and ways to advance toward a “world culture of peace,” the Universal Peace Federation (UPF) has announced.

The UPF Peace Summit 2023 will be held May 2-6, with events in Seoul and nearby areas. Delegations from more than 150 countries, including heads of state, first ladies, and government leaders, will join parliamentarians, religious leaders, media professionals, business leaders and academicians to explore prospects for greater regional cooperation and increased efforts toward peacebuilding.

“We stand at a critical juncture in history, with rising threats to peace emerging across the globe; our awareness of this unstable context underscores the importance of our work during Peace Summit 2023,” said Dr. Thomas G. Walsh, Chairman of UPF International.

The events will be live-streamed from South Korea, beginning at 9:30 a.m. KST on May 3, and will be accessible simultaneously in time zones around the world and in different languages. In the United States, the Opening Plenary will begin on May 2 at 8:30 p.m. EDT and 5:30 p.m. PDT and can be viewed here: https://media.peacelink.live/

A highlight of this year’s Summit is the inauguration of a new initiative called the International Elders Roundtable. This global project is designed to capture the wisdom and experience of elders to establish peace and stability in the society and the nation.

“Youth and adults have vision and enthusiasm, but elders provide a path by their experience and knowledge. Hence, for there to be eternal peace and prosperity, there must be cooperation between elders, adults, and youth in our society,” said H.E. Maithripala Sirisena, former president of Sri Lanka, who was at planning meetings for the Elders initiative.

Peace Summit 2023 regional sessions will focus on peacebuilding in North America, Asia Pacific, Latin America and the Caribbean, Africa, and Europe and the Middle East. There is a track for youth and students, as well as breakout sessions around UPF’s seven primary associations. Laureates of the Sunhak Peace Prize will speak at a special luncheon in their honor.

A major UPF project, Think Tank 2022, focuses on bringing peace to the Korean Peninsula, East Asia and the Indo-Pacific Rim Region. On May 4, at 9:00 a.m. KST, a session featuring Dr. Michael Pillsbury, former senior fellow and director for Chinese strategy at the Hudson Institute, will be among those to address the topic of peace in the Indo-Pacific. In the United States, this event will be on May 3 at 8:00 p.m. EDT, 5:00 p.m. PDT at this link: https://media.peacelink.live/

Additional highlights are celebrations around the 80th birthday of UPF Co-Founder Dr. Hak Ja Han Moon on Friday May 5. As part of that celebration, Dr. Moon will officiate a Culture of Peace Dedication Ceremony at the new Cheon Won Gung building. This huge multimedia exhibit hall and temple is intended to be a “homeland for the world and hometown of the heart for all people,” UPF’s late Co-Founder Rev. Dr. Sun Myung Moon said in 1997.

Peace Summit 2023 is part of UPF’s ongoing series of peacebuilding activities, which are held under the theme of mutual prosperity, interdependence, and shared universal values. UPF, an NGO in General Consultative Status with the Economic and Social Council of the United Nations, is known for its Rally of Hope series, the International Leadership Conference series, and, since early 2021, the Forum series of Think Tank 2022. The latter project was created to engage more than 2,000 global thought leaders on how to achieve a breakthrough for peace on the Korean Peninsula. (Details about Think Tank 2022 Forums can be found at UPF.org.)

As part of Peace Summit 2023, organizers will convene several high-level sessions around the work of UPF’s peacebuilding associations. These include:

● International Summit Council for Peace (ISCP) and the International Association of First Ladies for Peace (IAFLP)
● International Association of Parliamentarians for Peace (IAPP)
● Interreligious Association for Peace and Development (IAPD)
● International Association for Peace and Economic Development (IAED)
● International Media Association for Peace (IMAP)
● International Association of Academicians for Peace (IAAP)
● International Association of Arts and Culture for Peace (IAACP)

Media Contacts:
AFRICA: Mamadou Gaye gayemadou@mweb.co.za
ASIA PACIFIC: Robert Kittel rskittel@gmail.com
CANADA: Pierre Beauregard pierrebeauregard.upf@gmail.com
EUROPE/MIDDLE EAST: Peter Zoehrer media@europe.upf.org
CENTRAL AMERICA and THE CARIBBEAN: Mario Salinas msalinashn@gmail.com
SOUTH AMERICA: Simao Ferabolli upflatinamerica@gmail.com
UNITED STATES: William Selig wselig@upf.org

William Selig
Universal Peace Federation USA
240-274-1744
wselig@upf.org

GlobeNewswire Distribution ID 8830117

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Registration for GMAT™ Focus Edition to Open in August 2023

Free prep materials available two months prior to propel candidates to success on their business school journey

RESTON, Va., May 02, 2023 (GLOBE NEWSWIRE) — The Graduate Management Admission Council™ (GMAC), a global association representing leading business schools, today announced that registration for the GMAT™ Focus Edition, an updated version of the Graduate Management Admission Test™ (GMAT™) exam, will open on August 29, 2023 for testing in the fourth quarter this year. In addition, official GMAT Focus prep materials will be available on mba.com on June 6, 2023, with a free study planner of only six weeks to help test takers stick to a schedule, inform prep activities, and track progress, as well as a free GMAT Focus Official Starter Kit that comes with a sampler of 70 real GMAT questions and two full-length practice exams to help candidates establish performance baseline.

Earlier this year, GMAC introduced GMAT Focus Edition after extensive research efforts involving hundreds of school professionals and an in-depth concept testing with thousands of students globally. The GMAT, the most widely used business school admissions exam in the past seven decades, was redesigned with improved test taking experience and flexible new features to better support candidates of graduate business education. Schools will benefit from it as an improved element in their holistic admissions process.

“We want to encourage people with a broad set of qualifications, undergraduate backgrounds and lived experiences to understand the richness of their choice and take that leap forward on their business school journey,” said Joy Jones, CEO of GMAC. “It is our belief that GMAT Focus Edition will allow candidates to optimize their preparation for graduate business education while helping schools attract a global pool of qualified and diverse applicants.”

“This is an important evolution of the test,” said Bruce DelMonico, Assistant Dean for Admissions at Yale School of Management and a board member of GMAC. “In terms of the relevance and usefulness of the test, this is definitely a positive step that will be beneficial both to business schools and to candidates.”

More efficient, more flexible, and more insightful, in an all-new testing experience

The GMAT Focus Edition will feature three 45-minute sections: Quantitative Reasoning, which examines problem solving skills; Verbal Reasoning, which evaluates critical reasoning and reading comprehension but no longer incorporates sentence correction; and the newly developed Data Insights section, which measures candidates’ data literacy skills and ability to analyze and interpret data and apply it to real-world business scenarios. With these changes and the removal of the Analytical Writing Assessment (AWA), it is nearly one hour shorter than the current version of the GMAT and therefore requires less content to prepare. Besides new features that allow test takers to bookmark as many questions as they want, review questions within the remaining section time and change up to three answers per section, and to complete the three sections in any order, the enhanced Official Score Report now offers detailed performance insights that helps them assess strengths and identify focus areas at no additional cost.

“I think the redesign of the GMAT exam is testament to GMAC’s commitment to continuous improvement. Changes to the exam address the growing importance of certain competencies and the future of work – for example with the addition of Data Insight,” said Arnold Longboy, Executive Director, Recruitment & Admissions at London Business School.

New score scale and concordance to help assess candidate competitiveness

The GMAT Focus Edition’s Total Score, ranging from 205 to 805, is based on test taker performance on all three sections of the exam, with each section, ranging from 60 to 90, weighted equally. This change has been made to ensure that test takers and schools can easily distinguish from a GMAT Focus Edition score to the currently available GMAT Exam score, which ranges from 200 to 800. To understand a test taker’s relative competitiveness, one can use the concordance tables available on mba.com that link score distributions between the two versions of the exam by percentile. With the GMAT Focus Edition’s new score scale, percentile rankings deserve the primary attention from test takers and schools when looking to understand the results.

“When comparing scores of GMAT Focus Edition to the current version of the GMAT Exam, we encourage test takers and schools to compare percentile rankings rather than comparing total scores,” stressed Manish Dharia, director of product development at GMAC. “Because the Total Score scale and the score scale distribution have both changed, comparing total scores or section scores from the current version of the exam to the GMAT Focus Edition is not appropriate, accurate, or a meaningful comparison of performance. Scores of 600 and 605 may look similar, but they represent very different performance levels on different skills.”

Additional efforts to facilitate smooth transition and swift adoption

As GMAT Focus Edition rolls out for the remainder of 2023, the current version of the GMAT exam will continue to be available to candidates until early next year to facilitate their in-progress preparation and applications for business school. Also, to that end, the GMAT Focus Edition fees will remain the same as the current GMAT exam.

“Keep in mind, all GMAT exam scores – whether they are of the current GMAT or GMAT Focus Edition – continue to be valid for 5 years,” said Ashish Bhardwaj, senior vice president and head of market development at GMAC. “With the advance announcement of the new edition, we encourage candidates to proceed with registering and taking the GMAT exam in ways that best enable their pursuit of graduate management education.”

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and GMAC Tours are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact:

Teresa Hsu
Sr. Manager, Media Relations
Mobile: 202-390-4180
thsu@gmac.com

GlobeNewswire Distribution ID 8829077

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Amii welcomes over 2000 of the world’s brightest minds in AI to annual Upper Bound event

Four days of events include keynotes, panels, demos and socials from world-leading AI researchers and innovative business leaders

EDMONTON, Alberta, May 02, 2023 (GLOBE NEWSWIRE) — Amii (Alberta Machine Intelligence Institute) welcomes the world AI community to Edmonton, Alberta, Canada for Upper Bound, May 23-26. All are invited to attend the multi-day event, with diverse programming catered for AI researchers, industry leaders, pop culture enthusiasts and anyone who has ever been curious about artificial intelligence.

In-person and virtual tickets start at $0. Registration and schedules are available at upperbound.ai 

A celebration of AI excellence in Alberta and beyond, Upper Bound will take over Edmonton with a full event schedule and more than 100 events taking place in the downtown core. Upper Bound is pleased to welcome our 2023 keynote speakers including:

  • Richard S. Sutton, trailblazing AI researcher and Amii Chief Scientific Advisor, considered by many as the pioneer of reinforcement learning | Ticket Access: Community Pass, Upper Bound Pass, Talent Bursary All Access and Online Pass 
  • Cam Linke, CEO, Amii | Ticket Access: Upper Bound Pass, Talent Bursary All Access and Online Pass
  • Peter Stone, Executive Director of Sony AI America | Ticket Access: Academic Symposium and Upper Bound Pass (limited)
  • Marlos Machado, Amii Fellow & Canada CIFAR AI Chair | Ticket Access: Academic Symposium 

“AI is the most important tool of our time, and it continues to dominate global conversation,” says Cam Linke, CEO of Amii. “Upper Bound puts a spotlight on Alberta’s AI leadership and legacy and is a celebration of AI that welcomes everybody to learn, network, discuss and join in on the conversation. This is an invitation for the world’s AI community to experience the best of what Amii and Canada has to offer in scientific excellence, start-up creation and industry application — so they can leave inspired by the connections they’ve made, the information learned, and their ambitious ideas realized.”

Upper Bound is an AI event for everyone and includes sessions, demos, networking events and socials open for a range of ages and familiarity with AI. Scheduled events include:

  • An Academic Symposium, showcasing leading research and organized by Amii Fellows from the University of Alberta, one of the world’s top academic institutions for AI research.
  • Panels on AI in industry, including discussions on innovative applications of AI in industry; the demand for AI talent; advancing cellular agriculture; ventures and start-ups; and more.
  • AI & Culture, high-energy and fun events for all AI enthusiasts.
  • Social and networking opportunities with daily coffee catch up, beers with peers and the hottest ticket in town, the official Upper Bound Party.

Last year more than 2,000 attendees from 38 countries attended the inaugural event. Amii awarded Talent Bursaries to over 500 recipients from around the world to cover travel and accommodation costs with over 69% of recipients self-identified as members of underrepresented groups in STEM.

This year, Amii has awarded over $500,000 in Talent Bursaries to support 700 recipients from 22 countries to Upper Bound in person. An additional 612 global Talent Bursary applicants received Online Pass access for live-streamed content and full immersion in the Upper Bound app.

Upper Bound is proudly presented by Amii. One of Canada’s three centres of AI excellence as part of the Pan-Canadian AI strategy, Amii is an Alberta-based, non-profit institute that supports world-leading research in artificial intelligence and machine learning and translates scientific advancement into industry adoption. Learn more at amii.ca.

Media Contact

Lynda Vang, Communications Specialist

E: lynda.vang@amii.ca

GlobeNewswire Distribution ID 8829558

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Fluence Releases Inaugural Sustainability Report

Report affirms Fluence’s commitment to strong environmental, social, and governance (ESG) principles

ARLINGTON, Va., May 02, 2023 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, announced today the publication of its first sustainability report. The report details the company’s commitment to responsible sourcing, environmental stewardship, and sustainable practices.

“As a pioneering industry leader working alongside our customers to address climate change, maintaining sustainable business practices is a key part of our mission. We consider the sustainability of our products at all stages of their lifecycle and, as evidenced in this sustainability report, are continually taking steps to deliver more sustainable products,” said Fluence President and Chief Executive Officer Julian Nebreda. “The accomplishments outlined within the report are the result of the hard work of our employees, the trust of our customers and shareholders, and the partnerships with our suppliers.”

Since its initial public offering in 2021, Fluence has been creating a robust and adaptable ESG foundation to support the company’s growth and mission, and to address the effects of climate change.

The report illustrates Fluence’s sustainability vision that involves implementing digital solutions to further optimize the energy storage product supply chain and lifecycle. Utilizing digital solutions at various stages and links in Fluence’s supply chain can bring increased accountability through transparency and help accelerate the company’s progress toward achieving its ESG goals.

The report also highlights Fluence’s circular economy framework and its commitment against forced and slave labor. The framework is being developed to guide the responsible lifecycle of Fluence’s energy storage products, including sustainable end-of-life management processes.

“Publishing our first sustainability report at this stage in Fluence’s growth is a testament to our commitment of holding ourselves accountable through transparency,” said Fluence Director of ESG and Sustainability Mike Herod. “We challenged ourselves and were focused on building a strong ESG program through structured frameworks, data, and active engagement. We recognize we are only in the beginning stages of our sustainability journey and this report outlines the advancements we’ve already made as well as actions to come.”

Fluence’s ESG strategy and efforts support four of the 17 United Nations Sustainable Development Goals (UN SDGs). The report was created in compliance with the Sustainability Reporting Standards, Core Option, of the Global Reporting Initiative (GRI), as well as the Sustainability Accounting Standards Board (SASB) requirements for sustainability reporting.

To download the Fluence fiscal year 2022 Sustainability Report, visit Fluence’s website.

About Fluence

Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader in energy storage products and services, and cloud-based software for renewables and storage. With a presence in over 40 markets globally, Fluence provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings, and the Fluence IQ Platform, which delivers AI-enabled SaaS products for managing and optimizing renewables and storage from any provider. The Company is transforming the way we power our world by helping customers create more resilient and sustainable electric grids.

For more information, visit our website, or follow us on LinkedIn or Twitter. To stay up to date on the latest industry insights, sign up for Fluence’s Full Potential Blog.

Forward-Looking Statements

The statements described herein that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as such as “may,” “possible,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, our ability to successfully meet our goals, targets and commitments presented in the 2022 Sustainability Report and factors set forth under Part I, Item 1A.“Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2022, filed with the Securities and Exchange Commission (“SEC”) on December 14, 2022 and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.

ESG Contact
Mike Herod, Director of ESG and Sustainability
Email: esg@fluenceenergy.com

Media Contact
Shayla Ebsen, Director of Communications
Email: media.na@fluenceenergy.com
Phone: +1 (605) 645-7486

Analyst Contact
Lexington May, Vice President Finance & Investor Relations
Email: investorrelations@fluenceenergy.com
Phone: +1 (713) 909-5629

GlobeNewswire Distribution ID 8829935

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Bombardier Leads Industry-Wide Sustainability Efforts with Landmark Environmental Product Declarations for Global 5500 and Global 6500 Aircraft

Bombardier Environmental Product Declarations (EPDs)

Bombardier Leads Industry-Wide Sustainability Efforts with Landmark Environmental Product Declarations for Global 5500 and Global 6500 Aircraft

  • Environmental Product Declarations (EPDs) provide detailed information about each aircraft’s environmental footprint across its life cycle
  • Bombardier’s unique Product Sustainability and Strategy team analyzed environmental incidence of over 140K aircraft parts per program to create holistic and transparent public reports
  • Long-range Global 5500 and Global 6500 aircraft join Global 7500 and Challenger 3500 as world’s only business jets carrying an EPD
  • Global 5500 and Global 6500 EPDs contribute to Bombardier’s long-term view EcoJet research platform

MONTREAL, May 02, 2023 (GLOBE NEWSWIRE) — Bombardier today announced that it has completed a thorough analysis of the Global 5500 and Global 6500 in order to publish Environmental Product Declarations (EPDs) for two of its large aircraft. They join the Global 7500 aircraft and the Challenger 3500 aircraft as business aviation’s only EPD-designated jets.

For over a decade, Bombardier dedicated a full-time internal team of experts to the development of standardizable key metrics, data gathering, validation and analysis. Bringing together industry players and 45 tier-1 suppliers, Bombardier assessed 200K aircraft parts over the development of the Global 7500 aircraft program, gaining valuable insights on the environmental impact of this business jet and leading to a third-party verified public report.

The industry-leading, high-performance Global 7500 aircraft became the first business aircraft to receive an EPD designation for this report in 2020 and was followed by the Challenger 3500 EPD in 2022. The holistic methodology was replicated in analyzing the Global 5500 and Global 6500 programs, where 280K parts were assessed.

“The publication of the Global 5500 and Global 6500 aircraft EPDs are the results of years of scientific effort,” said Michel Ouellette, Executive Vice President, Engineering and Product Development, Bombardier. “These declarations are more than brochures: they are tools for the aviation industry to drive sustainable innovations across its activities spectrum. They are also the outcome of the thoroughness, mindfulness and ingenuity of a uniquely skilled internal team of experts. As a company, we are immeasurably proud that the reputation of our products and exciting opportunities attract the best minds in the world.”

Thanks to the colossal groundwork done by Bombardier’s dedicated team in establishing environmental requirements at the design phase of future programs, the Global 5500 and Global 6500 business jets possess strong sustainability elements. From a design perspective, they feature up to 13% better fuel efficiency than their predecessors with redesigned wings and new purpose-built Rolls-Royce Pearl engines. The high-speed transonic wing on these aircraft also cuts down on drag, reducing fuel burn, and lowering emissions, offering a smooth ride, excellent short-field and high-speed performance. Bombardier also currently offers sustainable cabin material options for the interior of all aircraft.

“Bombardier has the influence and expertise to change the future of aviation,” said Michel Ouellette, “We made the decision over 10 years ago to tackle the industry’s most urgent challenge in the long run with our EcoJet research platform; in the short run by encouraging the increased use of Sustainable Aviation Fuels (SAF); and in the medium run by adopting a sustainability mindset when designing all our aircraft; before the first piece of sheet metal is cut. With our business jets EPDs, we have equipped ourselves with a comprehensive and replicable methodology to ensure environmental risks and impacts across our value chain are identified now, and effectively managed through our continuous innovation and improvement approach.”

The extensive data gleaned in the development of Bombardier’s product life cycle analysis, which is available for the industry and the public to consult, help key players reevaluate how current aircraft are designed and built. Bombardier’s sustainable cabin interiors materials offering is one example of how this life cycle analysis led to tangible product improvement. Meanwhile, in working towards inventing the future of sustainable aviation with its long-term view EcoJet research platform, these EPDs are already influencing decisions at the supply chain level, by mapping a clear strategy for sustainable sourcing and product development processes.

Bombardier’s overall environmental, social and governance (ESG) plan also supports the industry-wide aspiration to achieve net zero emissions by 2050, by actively advocating for the adoption of Sustainable Aviation Fuels, enhancing aircraft recoverability and sustainable sourcing, improving energy efficiency in its operations, optimizing carbon offsets, and more.

About Bombardier

Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book and Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier, Challenger, Challenger 3500, Global, Global 5500, Global 6500 and Global 7500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For Information
Marie-Andrée Charron
Bombardier
+1 514-441-2598
marie-andree.charron@aero.bombardier.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6f8246dc-ff6c-4ed2-99bf-e5e429d82aa8

GlobeNewswire Distribution ID 8829771

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Philips extends company’s mobile C-arm portfolio with Zenition 10

May 2, 2023

  • New cost-effective addition to Philips Image Guided Therapy Mobile C-arm platform brings flat panel imaging and ease-of-use to routine surgery
  • Unique user profiles, application-specific protocols and high range of movement enhance the operating room staff experience and contribute to improved patient outcomes

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the launch of Philips Image Guided Therapy Mobile C-arm System 1000 – Zenition 10, a new addition to the company’s Zenition mobile C-arm series. Based on Philips’ state-of-the-art flat panel detector technology, Zenition 10 helps to expand patient access to routine surgical care and minimally invasive procedures. Now commercially available [1], the cost-effective, high-utilization, high-image-quality mobile C-arm enables surgeons to treat more patients at a lower cost while helping improve patient outcomes.

“Philips Zenition mobile C-arms have long been recognized for their high-quality imaging and efficiency-enhancing performance. With the introduction of Zenition 10, we are making those benefits available on a C-arm that meets the wide-ranging needs of routine open and minimally invasive surgery, allowing more patients in more parts of the world to receive the high-quality care,” said Mark Stoffels, General Manager, Image Guided Therapy Systems at Philips.

Mitigating staff shortages, increasing access to high-quality care
To help alleviate operating room staff shortages and rising healthcare costs, Philips Zenition 10 provides a cost-effective imaging solution for routine surgery, delivers the speed and efficiency needed to deal with high patient throughput, while being flexible enough to meet the needs of orthopedics, trauma, and other areas of surgery to maximize utilization. It comes with exceptional C-arm maneuverability, application-specific protocols, and personalized user profiles. At the same time, it delivers the excellent image quality needed to improve patient outcomes. User-friendly and intuitive to operate, the Zenition 10 supports a fast learning curve and reduces operating staff training time. Next to this, the new system offers a dedicated low-dose pediatric mode.

Consistent image quality is facilitated by application-specific protocols, customizable presets, and unique user profiles that automatically adjust Zenition 10 settings to suit an individual user’s preferences whenever they log in. An uninterruptible power supply allows the unit to be moved from one operating room to another without the need to reboot the entire system. Its excellent C-arm geometry provides the maneuverability needed for operating room staff to access target anatomies. Philips BodySmart facilitates dose efficiency by automatically
adapting the measuring field to the area of interest.

For images of patients with metal implants, Philips MetalSmart software automatically enhances image quality and dose efficiency. A dedicated pediatric mode automatically reduces dose rates for young patients. The system’s digital subtraction angiography capability further enhances the range of surgical procedures facilitated by the Zenition 10, allowing clear imaging of vasculatures.

The Zenition mobile C-arm platform brings together innovations in image capture, image processing, ease-of-use, and versatility pioneered on Philips’ highly successful and Windows® based Zenition platform. Other C-arm systems in Philips’ Zenition series are the Zenition 50 and Zenition 70.

[1] Zenition 10 mobile C-arm systems are available for sale in a limited number of countries. Please check with a local representative for availability in your market.

For further information, please contact:

Joost Maltha
Philips Global Press Office
Tel: +31 6 10 55 8116
Email: joost.maltha@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2022 sales of EUR 17.8 billion and employs approximately 74,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

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Colliers adds top-tier engineering firm

Acquisition strengthens Colliers Engineering & Design in Australia

TORONTO and SYDNEY, Australia, May 02, 2023 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that Colliers Engineering & Design Australia (“CED”) has acquired Craig & Rhodes Pty Limited (“Craig & Rhodes”), a leading multi-discipline engineering, design and survey firm in New South Wales. The addition will strengthen CED’s overall scale and capabilities in fast growing Sydney, Australia’s largest market. Craig & Rhodes’ senior leadership team will become significant shareholders in the CED platform under Colliers’ unique partnership model. The business will rebrand as “Colliers Engineering & Design” and fully integrate into the rapidly expanding CED operations. Terms of the transaction were not disclosed.

Founded in 1923, Craig & Rhodes’ 120 professionals operate from four offices across New South Wales. They provide civil and structural engineering design, surveying, planning, project management, water and wastewater design, and land development advisory predominantly to residential projects and mixed commercial developments.

“This acquisition is our first follow-on investment in CED since entering the engineering services market in Australia last year,” said John Kenny, CEO Colliers Asia Pacific. “The senior leadership of Craig & Rhodes were attracted to our unique partnership model, enterprising culture and long-term growth aspirations. Our approach continues to differentiate Colliers and attract best-in-class firms to our platform.”

“The expansion of CED deepens our capabilities, qualifications and relationships in the greater Sydney market, allowing us to better serve our clients in New South Wales and across the country,” said Brent Thomas, Managing Director of Colliers Engineering & Design Australia. “With an impressive history and track record, we are delighted to have such a talented group of professionals join the Colliers family.”

“By joining Colliers, we can better serve our clients with additional resources and capabilities while providing greater career opportunities for our people,” said Andrew Halmarick, CEO, Craig & Rhodes, who will lead CED’s New South Wales operations. “We are extremely excited to be partnering with a globally respected firm and international platform that will accelerate our growth and allow us to successfully deliver some of the largest and most complex projects.”

About Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 65 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

Colliers Contacts
John Kenny
Chief Executive Officer | Asia Pacific
+61 2 9257 0222

Brent Thomas
Managing Director | Colliers Engineering & Design Australia
+61 3 9562 7424

Craig & Rhodes Contact
Andrew Halmarick
Chief Executive Officer
+02 8752 9204

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Nyxoah to Release First Quarter 2023 Financial Results on May 16, 2023

Mont-Saint-Guibert, Belgium – May 1, 2023, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will release financial results for the first quarter of 2023 on Tuesday, May  16, 2023, after market close. Company management will host a conference call to discuss financial results that day beginning at 10:30pm CET / 4:30pm ET.

Investors interested in listening to the conference call may do so by registering for a unique personal PIN at the following link: https://edge.media-server.com/mmc/p/imeku8f7. A live and archived webcast of the event will be available on the Company’s investor relations website at https://investors.nyxoah.com/events.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and U.S. commercialization approval.

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Contacts:
Nyxoah
David DeMartino, Chief Strategy Officer
david.demartino@nyxoah.com
+1 310 310 1313

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