Xometry Introduces New Digital Sourcing Tools On Thomasnet.com For Enterprise Buyers And Unveils New Cloud-Based Manufacturing Execution System For Suppliers

Xometry Introduces New Digital Sourcing Tools On Thomasnet.com For Enterprise Buyers And Unveils New Cloud-Based Manufacturing Execution System For Suppliers
Xometry, Inc. (NASDAQ: XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today unveiled new digital sourcing tools on Thomasnet.com for enterprise buyers and a new cloud-based manufacturing execution system for suppliers, which will be open to third-party developers to build integrated applications. The new products are designed to bring buyers and suppliers even closer together and further accelerate the creation of locally resilient supply chains.
  • By Continuing To Integrate The Xometry Marketplace And Thomasnet.com Platform, Xometry Is Placing Its Instant Quoting Engine In Front of Thomas’ 1.4 Million Registered Users Who Generate Millions Of Sourcing Sessions Annually
  • The New Industrial Buying Engine Digitizes The Cumbersome Request-For-Quote Process And Makes It Easy For Enterprise Buyers To Source And Purchase From More Than 500,000 Top Suppliers On Thomasnet.com
  • The New Workcenter Is A Cloud-Based System That Lets Suppliers Manage All Their Xometry And Non-Xometry Work and Provides Expedited Payment Terms
  • Xometry Will Open Workcenter To Third-Party Developers To Create Integrated Applications To Benefit Suppliers

ROCKVILLE, Md., June 29, 2022 (GLOBE NEWSWIRE) — Xometry, Inc. (NASDAQ: XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today unveiled new digital sourcing tools on Thomasnet.com for enterprise buyers and a new cloud-based manufacturing execution system for suppliers, which will be open to third-party developers to build integrated applications. The new products are designed to bring buyers and suppliers even closer together and further accelerate the creation of locally resilient supply chains.

At the company’s “Xometry Marketplace Summit: Powering Tomorrow’s Supply Chain,” Xometry CEO Randy Altschuler detailed how the popular Xometry Instant Quoting EngineSM, Job Board and financial services features from the Xometry Marketplace are now fully integrated into the Thomasnet.com platform. Tightly integrating the Xometry Marketplace and Thomasnet.com platform enables Xometry to scale its network of active buyers and suppliers more rapidly by putting the “buy it now” option in front of the more than 1.4 million Thomas registered users who generate millions of sourcing and quoting sessions annually, Altschuler said.

The new products unveiled today include:

  • The Industrial Buying Engine, which helps enterprise customers source and purchase from the more than 500,000 top suppliers on Thomasnet.com. It digitizes the old and time-consuming request-for-quote process, condensing to just hours or minutes what once took days and weeks to complete. Through the Industrial Buying Engine, enterprise buyers can request quotes for products and services from trusted, high-value suppliers and they can also access the Xometry Instant Quoting Engine for more immediate transactions. Additionally, buyers can start a conversation with suppliers directly on Thomasnet.com, and suppliers can instantly submit quotes and accept projects. The Industrial Buying Engine will be available on Thomasnet.com beginning June 30th.
  • Workcenter, which gives suppliers a one-stop view into all of their Xometry and non-Xometry work. A centralized project management and payment solution, Workcenter brings everything suppliers love about Xometry – like the popular Job Board and financial services – into one, easy-to-use system. With Workcenter, shop owners can build and manage workflows for all their projects, including those from non-Xometry customers; quote new projects from Xometry and Thomas; assign tasks to team members and track the status of projects. Workcenter is robust and yet flexible enough to help small- and medium manufacturers make the much-needed leap to digital. Workcenter also helps suppliers take advantage of expedited payment terms so they can continue to expand. Workcenter will be available at no charge from Workcenter.Xometry.com beginning tomorrow.

Additionally, Altschuler noted that Xometry will open up the API-enabled Workcenter to third-party developers, establishing Workcenter as an emerging platform for innovators seeking to deliver an ecosystem of interconnected solutions for suppliers.

“Recent global events have underscored the need for the vital role that Xometry plays in the rapid digital transformation of the manufacturing industry, from the procurement process to the shop floor,” Altschuler noted. “With our large and growing network of suppliers, expanding set of manufacturing capabilities and new software to integrate with our customers’ internal systems, Xometry is an enterprise-wide solution. We work across the supply chain and are deeply embedded with procurement managers, buyers and engineers on the one hand, and thousands of manufacturers on the other.

“We are scaling quickly to be the technology solution that drives efficiency for the $2.4 trillion manufacturing industry, and we are becoming the de facto rails through which buyers procure services and the thousands of small- and medium-sized suppliers across the country deliver it,” Altschuler added. “With our new integrated Industrial Buying Engine and Workcenter offerings, we’re leveraging the strategic acquisition of Thomas with the power of our AI-driven Xometry Marketplace and Instant Quoting capabilities to deliver on our promise of advanced technology solutions benefiting buyers and suppliers. The new products align with our mission of championing manufacturing, the backbone of our economy here and abroad.”

About Xometry
Xometry (NASDAQ: XMTR) powers the industries of today and tomorrow by connecting the people with big ideas to the manufacturers who can bring them to life. Xometry’s digital marketplace gives manufacturers the critical resources they need to grow their business while also making it easy for buyers at Fortune 1000 companies to tap into global manufacturing capacity and create locally resilient supply chains. Learn more at www.xometry.com or follow @xometry.

Media Contact:
Matthew Hutchison
matthew.hutchison@xometry.com

Investor Contact:
Shawn Milne
shawn.milne@xometry.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f4802b89-0293-492c-8883-60c22e988ae7

Business School Graduates Enter White-Hot Job Market as Employers Signal Growth, Confidence in Their Credentials

MBA and business master’s degrees remain hot commodity despite recession fears and COVID challenges

RESTON, Va., June 29, 2022 (GLOBE NEWSWIRE) — The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today released its annual hiring report, the GMAC Corporate Recruiters Survey – 2022 Summary Report. The report explores the state of employer demand for graduate business school talent (MBA and business master’s degree recipients) in the context of the COVID-19 pandemic and includes responses from nearly 1,000 corporate recruiters and staffing firms around the world. While rising inflation and the war in Ukraine were just at the onset during the time when the survey was conducted in February and March 2022, hiring projections of graduate management education (GME) graduates remain bullish this year, with 92 percent of corporate recruiters expecting to hire newly minted MBAs. Promisingly, 2 in 3 responding corporate recruiters describe the current direction of their organization as expanding or growing (67%) and a similar proportion plan to increase their overall headcount (65%). Also, most recruiters (63%) project that demand for new business school talent will increase in the next five years, with business master’s hiring intention the highest among recruiters for East and Southeast Asia and Middle East companies.

“The latest GMAC findings of the Corporate Recruiters Survey show that nearly 9 out of 10 corporate recruiters feel confident or highly confident in the ability of business schools to prepare students to be successful in their organizations,” said Sangeet Chowfla, president and CEO of GMAC. “That’s an extraordinary figure. It shows that despite the pandemic and the limitations it brought on student mobility, public and mental health, and remote learning, business schools managed to find ways to build an impressive cohort whom corporate recruiters and staffing agencies worldwide continue to bank on as prime sources for talent.”

Other Key Findings

MBA starting salaries continue to provide a premium and Business master’s median starting salaries are on the rise

Recruiter responses suggest companies in the United States plan to offer increased starting salaries to business master’s graduates in 2022 compared to last year. In addition, median MBA starting salary levels eclipse those being offered to bachelor’s graduates by 22 percent to 40 percent across the world regions for which there is sufficient sample to report. Median starting salaries are largest in the United States, where the median starting salary offered to new MBA hires this year ─ US$115,000 — has remained unchanged for the past three survey years. In the current inflationary environment, the relative stability of median MBA salaries suggested by the survey findings means the real value of MBA salaries is declining.

In a likely response to combat the effect of inflation, corporate recruiters look to benefits packages—including educational assistance—to meet the changing needs of new graduates. Educational assistance like tuition reimbursement and scholarships has become an increasingly common benefit, with 54 percent offering it in 2022—up from 35 percent last year.

U.S. international hiring bounced back to pre-pandemic levels with potential of continued growth for 2022

The world regions with the highest percentage of recruiters affirming that they plan to hire international candidates in 2022 are the Middle East (52%) and Western Europe (40%). In the United States, this year’s survey results suggest an improving situation for international MBA and business master’s graduates. Looking back at last year’s actual hiring, 43 percent of U.S. recruiters confirmed they hired international talent in 2021—a bounce back from 35 percent in 2020 and 41 percent in 2019. In this year’s survey, 56 percent of U.S. recruiters say that they either plan to make international hires in 2022 (35%) or are willing to (21%), up from 48 percent that said the same in the 2021 survey. Furthermore, 83 percent of U.S. tech companies say they either plan to make international hires in 2022 (62%) or are willing to (21%)—the most of any U.S. industry.

“As travel restrictions ease around the world and student mobility continues to bounce back, we are thrilled to have more international students back on campuses across the country. Our mission is to help our students find success and our graduates reap the benefits of the strong job market in the U.S.,” said incoming GMAC Board Member and Dean of Carnegie Mellon Tepper School of Business Isabelle Bajeux-Besnainou.

Global corporate recruiters appear to be becoming more accepting of online degrees—with the noteworthy exception of the United States

The percentage of global recruiters who view graduates of online and in-person GME programs equally increased from 34 percent in 2021 to 60 percent in 2022, suggesting a significant growth in the acceptance of online programs. However, the notable outlier is corporate recruiters in the United States—where the lion’s share of the world’s online MBA enrollments are. Among responding U.S. corporate recruiters, just 29 percent agree that they view graduates of online and in-person GME programs equally, the lowest of any world region and down from 33 percent of respondents from the 2021 sample.

“The growth of online MBA programs has been so strong in the United States that for the first time, the total number of enrollments in online programs exceeded that of full-time, in-person MBA enrollments in the 2020-21 academic year, according to data from the Association to Advance Collegiate Schools of Business (AACSB),” said Sabrina White, vice president of school and industry engagement at GMAC. “Business schools are presented a unique opportunity to align expectations and outcomes for graduates and employers as online delivery emerges from the pandemic as an important part of the graduate management education industry.”

About the Report
First launched more than two decades ago, the Corporate Recruiters Survey of 2022 was conducted by GMAC, together with survey partners EFMD and the MBA Career Services and Employer Alliance (MBA CSEA), in association with the career services offices at participating graduate business schools worldwide. In a change from previous years, GMAC Research worked with a market research firm to recruit additional participants to make the overall sample more globally representative. In total, 941 respondents from 38 countries completed this survey, including 539 corporate recruiters and 402 from staffing firms. Recognizing that nearly all responses in previous years came from corporate recruiters, only 2022 responses from corporate recruiters were leveraged to create multi-year comparisons. However, the robust sample of corporate recruiters and staffing firms allowed us to develop geographical snapshots in 2022 that were less apparent in previous years.

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, 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 The MBA Tour 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
202-390-4180 (mobile)
thsu@gmac.com

A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/3388f75b-1d4e-4329-be0c-ca4a494b76ce

AGC Biologics Named Manufacturing Company of the year by American Business Awards

Global CDMO honored for Growth in Mammalian, Microbial and Cell and Gene Manufacturing capabilities at Seattle, Boulder and Longmont sites

SEATTLE, June 29, 2022 (GLOBE NEWSWIRE) — AGC Biologics, a leading global Biopharmaceutical Contract Development and Manufacturing Organization (CDMO), today announced it was named Company of the Year in the “Large – Manufacturing” category in the 20th Annual American Business Awards®.

The American Business Awards are the U.S.A.’s premier business awards program. Nicknamed the Stevies for the Greek word meaning “crowned,” the awards were presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Monday, June 13. More than 230 professionals worldwide participated in the judging process to select this year’s American Business Award winners.

AGC Biologics has a global pharmaceutical manufacturing network with seven sites across three continents. Over the last two years, the company has expanded its capabilities and reach within the U.S. and now boasts strong campuses in Seattle, Boulder, Col., and Longmont, Col. Through these investments, AGC Biologics is establishing a reputation as one of the fastest-growing and innovative companies within the life science field.

The global CDMO added more microbial and mammalian manufacturing lines to its Seattle site, increasing production efficiency. The expansion project eliminated bottlenecking and strengthened services for customers seeking support during the pre-clinical, clinical, and commercial phases of drug production; it also included the addition of a new 500-liter mammalian cell bioreactor to expand manufacturing capacity. The advancements at the Seattle site coincided with AGC Biologics securing more customers at the campus. For example, in 2020, the Seattle site was chosen by Novavax Inc. to produce materials for the company’s COVID-19 vaccine. The campus was also chosen to manufacture materials for a late-stage project for China-based I-MAB Biopharma.

After acquiring and developing manufacturing sites in Boulder and Longmont over the last two years, AGC Biologics is now one of the largest biotech companies in Colorado. The Boulder facility offers one of the biggest mammalian-drug manufacturing lines in the U.S. and houses two 20,000-liter stainless steel cell bioreactors.

The Longmont campus is the newest manufacturing site in the company’s global network and serves as AGC Biologics’ North American hub for cell and gene therapy manufacturing. The 622,000-square-foot facility offers cell therapy and viral vector development and manufacturing capabilities.

At each of its seven global sites, AGC Biologics offers immediate and significant manufacturing capacity for small startup developers and large pharmaceutical companies bringing new biologics products and advanced therapies to market.

To learn more about AGC Biologics’ global facilities and capabilities, visit https://www.agcbio.com/.

About AGC Biologics
AGC Biologics is a leading global biopharmaceutical Contract Development and Manufacturing Organization (CDMO) with a strong commitment to delivering the highest standard of service as we work side-by-side with our clients and partners, every step of the way. We provide world-class development and manufacture of mammalian and microbial-based therapeutic proteins, plasmid DNA (pDNA), messenger RNA (mRNA), viral vectors, and genetically engineered cells. Our global network spans the U.S., Europe, and Asia, with cGMP-compliant facilities in Seattle, Washington; Boulder and Longmont, Colorado; Copenhagen, Denmark; Heidelberg, Germany; Milan, Italy; and Chiba, Japan and we currently employ more than 2,000 employees worldwide. Our commitment to continuous innovation fosters the technical creativity to solve our clients’ most complex challenges, including specialization in fast-track projects and rare diseases. AGC Biologics is the partner of choice. To learn more, visit www.agcbio.com.

About the Stevie Awards 
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Attachments

Nick McDonald
AGC Biologics
4254193555
nmcdonald@agcbio.com

Dematic Virtual Tech Center Wins Global Award Recognitions

The immersive virtual platform and guided tour technology received awards in North America and Europe, including a Gold Stevie®, Bronze Stevie®, Platinum Hermes, and German Brand Award

Dematic Virtual Tech Center

Dematic Virtual Tech Center

ATLANTA, June 29, 2022 (GLOBE NEWSWIRE) — Intelligent automation specialist Dematic and its innovative virtual tech tours have recently received a number of awards for web achievement, strategic marketing, business, and design in both North America and Europe. These awards include:

  • Gold Stevie Winner in the 2022 American Business Awards®, Web Achievement: Manufacturing Industry category
  • Bronze Stevie (Germany) Award, Best Event for Brand Experience
  • 2022 Platinum Hermes (U.S.) Creative Award, Strategic Marketing Campaigns: Interactive Brand Experience category
  • German Brand Award for excellence in brand strategy and creation, Brand Communication: User Experience category

The Dematic Virtual Tech Tours use an immersive digital platform and host-guided technology which allows participants to explore its tech centers in the U.S. (Grand Rapids, Michigan) and Heusenstamm, Germany. The tours aid companies in learning more about Dematic technology and solutions without travel expenses and include embedded video conferencing. They feature 36 product and content videos and 46 360° panoramic photos to create a fully interactive online experience.

“Seeing Dematic’s technology in action is a crucial part of the buying journey for a typical customer, many of whom visit our sites in-person. But bringing a whole team for in-person visits to our sites can be a challenge,” said Erin Dillard, Dematic Vice President, Marketing Communications. “Virtual tours of our tech centers provide the same quality experience as an in-person visit — this has been a key business differentiator that has allowed us to showcase our technology to a wider range of potential customers at their convenience.”

Added Dominic Fischer, Dematic Manager Global Events and Sponsorship, “The virtual tech tours mark the beginning of a new era in the customer experience where the audience – both internal and external – can easily access what they need, and what they were perhaps unaware of, in a gamified way. In the future, these tours will deliver insights into key market brands, provide multi-language assistance and include special features such as augmented reality and interactive showcase tools, making for an educational but also seriously fun experience!”

Currently, more than 200 trained tour guides (Dematic employees) have conducted over 110 tours in nine languages to more than 1,100 participants. For more information about Dematic, or to request a virtual or in-person tour for your company, visit https://www.dematic.com/en-us/news-and-events/events/tech-tours, check out the Dematic Connections blog, or follow us on LinkedInFacebook, and Twitter.

About Dematic

Dematic designs, builds, and supports intelligent automated solutions empowering and sustaining the future of commerce for its customers in manufacturing, warehousing, and distribution. With research and development engineering centers, manufacturing facilities, and service centers located in more than 35 countries, the Dematic global network of over 11,000 employees has helped achieve approximately 8,000 worldwide customer installations for some of the world’s leading brands. Headquartered in Atlanta, Dematic is a member of KION Group, one of the world’s leading suppliers of industrial trucks and supply chain solutions.

Media Contact:

Mandi Baronas
Senior Communications Manager, Americas
mandi.baronas@dematic.com
dematic.com

Disclaimer:

This release and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other jurisdiction. This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, for example, changes in business, economic, and competitive conditions (including with respect to further developments in relation to the COVID-19 pandemic), regulatory reforms, results of technical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. We do not undertake any responsibility to update the forward-looking statements in this release.

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Dematic Virtual Tech Center wins global award recognitions.

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ITA Airways Participates at the Business Travel Show Europe in London

Andrew Bunn, Country Manager UK, Ireland and Nordics at ITA Airways

Andrew Bunn, Country Manager UK, Ireland and Nordics at ITA Airways, speaks at a press event at the Italian Chamber Of Commerce and Industry ahead of their participation at the Business Travel Show Europe on Tuesday, June 28, 2022, in London. Bunn was announced as the new Country Manager for the UK. (Michael Knief/AP Images for ITA Airways)

More Than 90 Weekly Roundtrips Between London and Rome Fiumicino and Milan Linate

Andrew Bunn is the New UK Country Manager

ROME, June 29, 2022 (GLOBE NEWSWIRE) — ITA Airways will participate in the Business Travel Show Europe on the 29th and 30th of June. The event will take place in the ExCel exhibition centre in London, United Kingdom, and will be the occasion for the Italian flagship carrier to affirm its position in the British market by exposing together with the biggest travel companies in Europe.

During the show, ITA Airways will be present in the Airline Pavilion with a branded area and activities. For the occasion Pierfrancesco Carino, Vice President International Sales ITA Airways, will introduce to business partners and local media the new UK country manager Andrew Bunn.

One of the main themes of ITA Airways’ attendance will be the company’s commitment to sustainability. In fact, ITA Airways’ goal is to become one of the greenest European airlines by 2025 with 75% of the fleet featuring new generation aircraft. It has already started with the new Airbus A350. These aircrafts are 70% lighter thanks to a new range of materials, and the fuel consumption and CO2 emissions are reduced by 25%.

The Business Travel Show Europe was founded more than 28 years ago and has always represented an important occasion to give visibility to the European continent’s most important travel companies and agencies. The organisation anticipates bringing together up to 14,000 corporate travel, travel meetings and travel technology professionals to the event, in addition to more than 3,000 pre-scheduled hosted buyers appointments with exhibitors.

The air connection between the United Kingdom and Italy has always been a priority to ITA Airways. Therefore, in the last months, the Company has established more than 90 weekly roundtrips between London and its two hubs: Rome Fiumicino and Milan Linate. Two are the daily flights from Rome and Milan Linate to London Heathrow, offering a total of 28 weekly round-trip flights from Rome FCO and Milan LIN, respectively, and 36 weekly round-trip flights from Milan LIN to London City airport.

The multiple offers of the Rome Fiumicino and Milan Linate hubs will allow ITA Airways to be the reference carrier from the UK to Italy and via Rome or Linate to Europe and the Mediterranean for the UK customers, the Italian community, and the main communities of the Mediterranean countries.

From the airport of London Heathrow, connectivity is provided to major Italian destinations: Alghero, Brindisi, Bologna, Bari, Cagliari, Catania, Genoa, Milan-Linate, Naples, Palermo, Lamezia Terme, Trieste, Venice, Pescara and Olbia. Starting in July, the destination of Florence will be added.

From the airport of London City, the domestic destinations that can be reached in Italy are Alghero, Brindisi Bari, Cagliari, Catania, Naples, Palermo, Reggio Calabria, Lamezia Terme, Pescara and Olbia.

In the 2022 summer season, ITA Airways launched 62 new destinations, of which 22 are domestic, 34 are international and 6 are intercontinental, including New York from Rome Fiumicino/Milano Malpensa, and Miami, Boston, Los Angeles, Sao Paolo, and Buenos Aires from Rome Fiumicino. Thanks to codeshare agreements with the major international carriers, ITA Airways is continuing to grow its network via partnerships with other global carriers – giving a privileged access route to the markets of greatest interest for the Company.

Codeshare agreements enable ITA Airways to reach the entire domestic network of other international carriers with direct flights from Rome Fiumicino and Milan Linate to their hubs. In all, 27 codeshare agreements have been signed so far, for a total of over 360 destinations served on which ITA Airways will use its own codes.

All ITA Airways flights can be purchased on the ita-airways.com website, from the ITA Airways Call Center, or from travel agencies and airport ticket offices.

For more information:

LaPresse SpA Communication and Press Office Director

Barbara Sanicola barbara.sanicola@lapresse.it

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The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.