Day: October 13, 2021

Collaboration to scale green hydrogen throughout industrial and mobility sectors, while advancing development of key hydrogen infrastructure and fueling capabilities

HOUSTON and LATHAM, N.Y, Oct. 13, 2021 (GLOBE NEWSWIRE) — Phillips 66 (NYSE: PSX) and Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today announced that the companies have signed a memorandum of understanding to collaborate on the development of low-carbon hydrogen business opportunities.

Phillips 66, which has 13 wholly owned and joint venture refineries in the U.S. and Europe, owns extensive hydrogen-related infrastructure and uses hydrogen in the manufacturing of transportation fuels. With over 20 years of history, and customers like Amazon, Walmart and Home Depot, Plug Power is a leader in hydrogen fuel cells and electrolyzers. The company has begun construction on state-of-the-art green hydrogen production facilities in California, New York, Tennessee and Georgia that will ultimately supply 500 tons per day of liquid green hydrogen by 2025.

As part of this agreement, the companies will explore ways to deploy Plug Power’s technology within Phillips 66’s operations, leveraging Plug Power’s experience as a full value chain provider within the hydrogen economy. Plug Power will benefit from Phillips 66’s capabilities as a developer of large-scale energy infrastructure, operator of industrial-scale hydrogen production facilities, and presence in the fuels marketing segment in the U.S. and Europe.

“We are excited to team up with Phillips 66 to take advantage of its rich history in the energy industry and forward momentum in the energy transition,” said David Bow, Executive Vice President of Electrolyzers Solutions at Plug Power. “Phillips 66 stands to help us meet our goal of producing 1,000 tons per day of green hydrogen while deploying cost-efficient solutions within the renewable fuels sector.”

The companies’ memorandum of understanding provides a framework for working together on three key objectives:

• integrating and scaling low-carbon hydrogen in the industrial sector;
• advancing hydrogen fueling opportunities for the mobility sector; and
• developing hydrogen-related infrastructure to support the build-out of the hydrogen value chain.

“We believe hydrogen is an important pathway for hard-to-electrify industries in a lower-carbon energy landscape,“ said Heath DePriest, Vice President of Phillips 66’s Emerging Energy group, which is focused on building lower-carbon business platforms. “Hydrogen is a key component of our diversified Emerging Energy portfolio strategy.”

About Phillips 66
Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company’s master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,000 employees committed to safety and operating excellence. Phillips 66 had $57 billion of assets as of June 30, 2021. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.

About Plug Power
Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions. The Company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while meeting sustainability goals. Plug Power created the first commercially viable market for hydrogen fuel cell technology. As a result, the Company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs. Plug Power’s vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, BMW, The Southern Company, Carrefour, and Walmart. The Company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics, and data centers. Learn more at www.plugpower.com.

CONTACTS
Phillips 66		Plug Power:
Jeff Dietert, 832-765-2297 (investors) jeff.dietert@p66.com		Caitlin Coffee (media) Allison + Partners plugPR@allisonpr.com
Shannon Holy, 832-765-2297 (investors) shannon.m.holy@p66.com
Bernardo Fallas, 855-841-2368 (media) bernardo.e.fallas@p66.com

PLUG POWER SAFE HARBOR STATEMENT

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc.(“PLUG”), including but not limited to statements about PLUG’s expectations regarding its multi-year investment and growth, PLUG’s clean hydrogen technology and fuel cell solutions playing a critical role in achieving climate and decarbonization goals, deepening of relationships with key stakeholders, and acceleration of demand and adoption of hydrogen technology. You are cautioned that such statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times that, or by which, such performance or results will have been achieved. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of PLUG in general, see PLUG’s public filings with the Securities and Exchange Commission, including the “Risk Factors” section of PLUG’s Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and PLUG undertakes no obligation to update such statements as a result of new information.

PHILLIPS 66 CAUTIONARY STATEMENT FOR THE PURPOSES OF THE “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Forward-looking statements may be identified by the use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “targets,” “estimates” or other words of similar meaning. Forward-looking statements are based on certain assumptions and expectations of future events which may not be accurate or realized, and involve risks and uncertainties, many of which are beyond Phillips 66’s control, including but not limited to regulatory approvals and market conditions. A discussion of factors that may affect future results is included in Phillips 66’s filings with the Securities and Exchange Commission. Phillips 66 disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law.

The Seventh Generation of Zonin Celebrates the First 200 Years of the Company’s History

GAMBELLARA, Italy, Oct. 13, 2021 (GLOBE NEWSWIRE) — 1821 – 2021: Zonin1821 celebrates  200 years of history and seven generations that have shared the culture of wine throughout the world. The path the company has embarked upon is marked by important milestones that have served to position it among the top five wine producers in Italy[1].

Since its inception, the goal of the Zonin family has been to produce excellent wines and actively contribute to creating a new contemporary wine culture, where Italian DNA blends with multiple international traditions. There are three guiding principles that have enabled the company to attain prestige and recognition on the international stage: tradition, meticulous attention to wine-growing areas, and a strong entrepreneurial dynamism, enhanced by a series of acquisitions made since the 1970s.

“As a representative of the seventh generation, together with my brothers, Francesco and Michele, we strongly believe in the value of traditions and continued growth through thoughtful evolution in Italy and abroad. We are committed to the enhancement of our outstanding wines”, says Domenico Zonin – President of the company, adding: “This moment of celebration is indeed a source of pride, looking back at the road travelled, but above all, it spurs us on to look to the next 200 years with the same spirit of entrepreneurship, determination and passion that has always distinguished us. Let us raise a glass, therefore, to all the people in the world who work alongside us every day and who enable us to share positive moments and enjoyable get-togethers with an optimistic look to the future, accompanied by the quality and authenticity of our brands”.

The long-term vision for Zonin1821 is optimistic and will be driven by Family continuity and competence combined with a steadfast passion for winemaking and a rejuvenated management team.

Still based at the historic Gambellara headquarters, the three Zonin brothers, Domenico, the President, and Francesco and Michele, Vice Presidents, have decided to entrust the running of the company to a management team, headed since November 2020 by CEO Pietro Mattioni, a veteran of the alcoholic beverage industry, and flanked by a front-line of international professionals.

“It is with a significant sense of pride and responsibility that I am leading Zonin1821 through one of the most globally complex and uncertain periods. We know we can count on an exemplary mix of winemaking excellence and strategic expertise. In a category that is both fragmented, but also full of opportunities, the challenge is to reinforce the international expansion and seize opportunities by enhancing the Zonin1821 portfolio. All this, with an eye to the next 200 years”, explains Pietro Mattioni, CEO of Zonin1821.

With a total turnover of €190 million in 2020[2], amounting to a substantial doubling in the last 10 years, and the value of exports reaching 85%, the company is now an international player, active in over 140 countries and employing some 500 people in Italy, the United States, the United Kingdom, China and Sweden. Over the years, production and distribution have not been limited to the still and sparkling wines sold under the Zonin brand but since the 1970s also reinforced via the acquisition of important estates located in the most representative terroirs in Italian winemaking history, enabling the company to establish itself in the production of the best Italian DOC and DOCG wines.

Ca’ Bolani in Friuli-Venezia Giulia, Castello del Poggio in Piedmont, Tenuta Il Bosco in Lombardy, Rocca di Montemassi and Castello di Albola in Tuscany, Masseria Altemura in Puglia and Principi di Butera in Sicily are the seven estates that extend across the Italian peninsular and, together with the wines produced in Barboursville, Virginia (United States), and in Chile under the Dos Almas brand, complete the picture of a company and a family in constant evolution.

Link to the Zonin1821 Media Room: https://www.zonin1821.com/en/media-room-en/zonin200years-en

www.zonin1821.com

Founded in 1821, Zonin1821 is one of the most important family-owned wineries in Italy and the world. A historic family of winemakers, now in its seventh generation, it produces Prosecco and still wines under the Zonin brand, high-quality wines from its seven estates located in the Italian regions with the greatest vocation for wine production, as well as wines from the Barboursville Vineyards estate in Virginia (USA) and wines from Dos Almas in Chile. The company is based in Gambellara, Veneto, and employs over 500 people.

CONTACT:

Alessandra Zorzo
Alessandra.zorzo@zonin1821.it
Ph +39 0444 640288

[1] Annual ranking by turnover by Anna di Martino, Corriere Economia

[2] Value of production (Financial Statement 2020).

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Appoints global leader to action strategy and commits to science-based targets and Net Zero by 2030

TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) — Colliers, a leading diversified professional services and investment management company (NASDAQ, TSX: CIGI), today released Elevate the Built Environment, its new strategic framework designed to embed environment, social, and governance (ESG) best practices across the organization. To address the material topics identified for the organization through strong stakeholder engagement, the strategy focuses Colliers’ efforts in three core areas:

• Elevate the Environment: minimize environmental impacts in Colliers’ own operations and through client services to elevate the health of our planet.
• Elevate Inclusiveness: increase diversity, equity and inclusion within Colliers and across its procurement practices to foster environments that are inclusive and engaged.
• Elevate Health & Wellbeing: promote health & wellbeing in Colliers’ operations and through client services to help improve lives.

In keeping with the company’s value to do what’s right for our clients, our people, and our communities, Colliers will establish tactical plans and targets for each core area and audience (clients, communities, and Colliers) over the coming months.

To elevate the environment, Colliers today commits to setting a science-based target through the Science Based Targets initiative’s (SBTi) Business Ambition for 1.5°C program as well as achieving Net Zero for its own operations by 2030. In addition, as leaders in commercial real estate, the company will develop and deliver a Net Zero program to help building owners, investors, and occupiers reduce or eliminate their building-related emissions.

“ESG is the blueprint to doing what’s right, one of our core values at Colliers and we are proud to deepen our commitments in these critical areas,” said Jay Hennick, Global Chairman and CEO of Colliers. “Our enterprising people will continue to deliver exceptional results to Elevate the Built Environment for our clients, our communities and Colliers. Achieving SBTi emissions reductions and Net Zero for our organization by 2030 is an important part of this journey.”

A Media Snippet accompanying this announcement is available by selecting the image or link below:

To lead this effort, Sean Drygas has been appointed Global Lead, ESG & Impact. This newly created senior leadership position underscores’ Colliers commitment to improve its environmental impact and create economic and social value across the organization. Drygas will work closely with senior executives, and partner with regional leaders and experts to oversee the execution of the company’s ESG strategy across the globe, including the development of tactical plans and measurable targets. Furthermore, he will ensure the right programs and governance are in place to accelerate the success of our ESG goals in tandem with our growth goals, facilitate data governance, establish measurement platforms, and report on sustainability performance.

“On the heels of releasing our first Global Impact Report earlier this year, Sean’s leadership comes at a critical time to Elevate the Built Environment with strong tact. We are thrilled to have him on board,” said Becky Finley, Global Chief Brand & People Officer. “Sean’s extensive sustainability experience, vision for delivering meaningful change, and past successes in implementing strategic ESG programs give us confidence that we are well-positioned to take our impact to the next level.”

Prior to joining Colliers, Drygas was vice president of Spark Power Group, where he led sales, marketing, product development, and sustainability solutions for the organization and drove industrial and commercial adoption of green energy solutions.

“I am excited to join Colliers in this foundational moment to work alongside the talented global and regional teams as we Elevate the Built Environment,” said Sean Drygas, Global ESG & Impact Lead. “I look forward to building on Colliers’ ESG initiatives to accelerate the success of both our teams and clients.”

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.3 billion ($3.6 billion including affiliates) and $45 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

Media Contact:
Andrea Cheung
Global Manager, Communications
Andrea.cheung@colliers.com
416-324-6402

MUNICH, Germany, Oct. 13, 2021 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announces that the German fashion retailer SportSpar.de has increased its ability to ship customer orders by 500% without increasing resources using Descartes’ cloud-based ecommerce warehouse management solution (WMS). The move from manual single-order-fulfillment to technology-based highly efficient and optimized multi-order-picking processes dramatically boosted the retailer’s number of shipments per day.

“We mainly sell remaining stock and previous year’s collections of well-known brands and have successfully placed ourselves in a niche with this business model,” says Aleksandr Borisenko, one of the two founders and Managing Directors of SportSpar.de. “Early on, we realized that our manual, inefficient order fulfillment processes were limiting growth. Descartes’ automated fulfillment processes work well, are simple, and can help us expand our product catalogue as much as we want. Since implementation, we’ve scaled our processes, purchased a higher number of products and shipped substantially more customer orders.”

Part of Descartes’ ecommerce shipping and fulfillment suite, the Descartes ecommerce WMS solution helps direct-to-consumer brands, ecommerce retailers, and traditional retailers rapidly scale while providing a remarkable end-customer experience. The solution helps ensure that clients can ship on time, ship the right items, do not oversell existing inventory, and have transparency into warehouse operations. The Descartes ecommerce WMS solution is pre-integrated to major ecommerce platforms to accelerate implementation and time-to-value. Order information is automatically available, and fulfillment is managed via mobile device-based workflows.

“We’re very pleased to have supported SportSpar.de in the successful expansion of their business,” said Dirk Haschke, VP & General Manager, Ecommerce at Descartes. “Our solution offers flexible and scalable processes that take retailers’ ecommerce warehouse performance to the next level. The deployment at SportSpar.de is an excellent example of how system-supported, automated order fulfillment enables ecommerce companies to gain control of their operations, improve productivity and grow successfully.”

About Sportspar GmbH

Founded in 2010, Sportspar GmbH has grown from a small marketplace retailer to one of Germany’s leading retailers in the ecommerce fashion industry. From the beginning, the twin brothers Aleksandr and Jevgenij Borisenko have been at the helm of this company. In 2018, the first of the now 6 international online-shops went live, and more countries will follow. To drive the company’s growth, the target groups “ladies” and “children” will be additionally aimed at in the future. Furthermore, the product range is being expanded with self-produced items that could not be offered so far. More information can be found at https://www.sportspar.com/.

About Descartes

Descartes (Nasdaq: DSGX) (TSX: DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Andra Schaz
Tel: +49 (0)89 961 60 61 66
aschaz@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offering and potential benefits derived therefrom including potential efficiency gains and potential productivity improvements; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Sportradar underlines its commitment to protecting the integrity of sport with the official launch of Universal Fraud Detection System free of charge

NEW YORK and ST. GALLEN, Switzerland, Oct. 13, 2021 (GLOBE NEWSWIRE) — Sportradar Integrity Services, a global supplier of sport integrity solutions and partner to over 100 sports federations and leagues, has detected more than 1,100 suspicious sports matches since the start of the global pandemic in April 2020, with 655 of those matches detected in the first nine months of 2021. Sportradar Integrity Services is a unit of Sportradar (NASDAQ: SRAD) (“Sportradar” or “the Company”), a leading global sports technology company.

In the last 18 months Sportradar has utilised its bet monitoring system, the Universal Fraud Detection System (UFDS), to detect suspicious activity in 12 different sports across more than 70 countries worldwide. These insights are published as Sportradar officially begins delivering its UFDS bet monitoring service free of charge, effective today, to sports federations, sports leagues, and state authorities around the world, in its continued commitment to protecting the integrity of global sport and making the system accessible to all.

According to Sportradar’s UFDS figures, soccer is the sport at most risk of betting related corruption with more than 500 suspicious matches detected in 2021 to date. Approximately 40% of the suspicious activities reported within domestic soccer competitions comes from third tier leagues and below, including youth level, as fixers increase their attention on lower-level matches.

Andreas Krannich, Managing Director, Integrity Services at Sportradar said: “As our analysis shows, match-fixing is evolving, and those behind it are diversifying their approach, both in the sports and competitions they target, and the way they make approaches to athletes, such as the rise in digital approaches. To help address this, Sportradar has made a significant investment to make it possible to offer the UFDS for free to global sports organisations and leagues. The reason for this is that we are committed to supporting the sustainability of global sports and using data and technology for good.”

The rising popularity of esports has made it a target for fixers and has led to a rapid increase in the number of suspicious matches reported. Over 70 suspicious matches have been detected by the UFDS since April last year across five different game titles, with more than 40 of those suspicious matches identified since January this year.

In addition to the suspicious soccer and esports matches detected this year, Sportradar’s UFDS has detected suspicious activity in Tennis: 37 matches; Basketball: 19; Table Tennis: 11; Ice Hockey: 9; Cricket: 6, while suspicious activity has also been identified in Volleyball, Handball, and Beach Volleyball.

On a global level, the UFDS has detected 382 suspicious matches in Europe so far this year, with Latin America recording 115 suspicious matches in the same period. That’s followed by the Asia Pacific region with 74, Africa with 43, 10 in the Middle East and 9 in North America since the start of January 2021.

About Sportradar Integrity Service
Sportradar Integrity Services are a global supplier of monitoring, intelligence, education and consultancy solutions for sport organisations and state authorities to support them in the fight against betting-related and sports corruption. Trusted and relied on by more than 100 sports governing bodies and leagues around the world and staffed with executives who have both implemented betting policies for the world’s largest sports bodies and provided large-scale consulting services to leagues in the integrity space, they are firmly established as the unrivalled market leader in the field of sporting integrity.

About Sportradar
Sportradar is the leading global sports technology company creating immersive experiences for sports fans and bettors. Established in 2001, the company is well-positioned at the intersection of the sports, media and betting industries, providing sports federations, news media, consumer platforms and sports betting operators with a range of solutions to help grow their business. Sportradar employs more than 2,300 full time employees across 19 countries around the world. It is our commitment to excellent service, quality and reliability that makes us the trusted partner of more than 1,600 customers in over 120 countries and an official partner of the NBA, NHL, MLB, NASCAR, and FIFA. We cover more than 750,000 events annually across 83 sports. With deep industry relationships, Sportradar is not just redefining the sports fan experience; it also safeguards the sports themselves through its Integrity Services division and advocacy for an integrity-driven environment for all involved.

www.sportradar.com

Source: Sportradar Group AG

Media Contact: 
Sandra Lee
comms@sportradar.com