Perma-Pipe International Holdings, Inc. Announces the Appointment of Ibrahim Jaham Al Kuwari to its Board of Directors

 SPRING, Texas - Tuesday, 07. January 2025 AETOSWire Print 

Perma-Pipe Board member Cynthia Boiter resignation and Chairman Jerome T. Walker not standing for re-election

(BUSINESS WIRE) -- Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Ibrahim Jaham Al Kuwari, effective January 6, 2025.

Concurrent with this announcement, Independent Director Cynthia Boiter has announced her resignation, effective May 1, 2025, and current Chairman of the Board, Jerome Walker, has announced he will not be standing for re-election at Perma-Pipe’s upcoming 2025 Annual Stockholders Meeting. They will both be transitioning their Board responsibilities over the coming months.

President and CEO, Mr. David Mansfield commented, “Ms. Boiter has been a valued Board member since 2019, providing significant insight and support to the Company, particularly in the areas of corporate governance and financial management.

"Mr. Walker has been a long-time member of our Board, joining in 2014 and assuming the Chairmanship in 2022. He has helped guide the Company and the Board through significant strategic repositioning and growth transformation into the strong global leader we are today, as evidenced by our recent earnings and stock performance.

"We thank both of them for their commitment, service, and contributions to our employees and stockholders, and wish them the very best.”

Mr. Mansfield continued, “We regularly evaluate our Board composition to ensure it includes the appropriate skills, experience, and perspectives necessary to drive growth for our stockholders. We also strive to keep the Board refreshed to maintain diversity of thought and contemporary insights consistent with industry best practices. The addition of Mr. Al Kuwari as an Independent Director will bring new and extensive Middle East Gulf Region expertise and perspective to the Board, which is critical given the rapid growth and significant potential the region provides to the Company. We are extremely pleased to have him join our Board."

Mr. Al Kuwari, a Qatari national, has extensive business leadership, engineering, planning and project management expertise, serving as CEO of Qatar Solar Technologies from 2018-2024, CEO of Qatar Fuel from 2014-2017, and as Deputy General Manager of Dolphin Energy, Ltd, from 2005-2014. He graduated from the University of Southern California in 1987 with a Bachelor of Science degree in Industrial and Systems Engineering.

Perma-Pipe International Holdings, Inc.

Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH, “Perma-Pipe”, or the “Company”) is a global leader in pre-insulated piping and leak detection systems for oil and gas, district heating and cooling, and other applications. It uses its extensive engineering and fabrication expertise to develop piping solutions that solve complex challenges regarding the safe and efficient transportation of many types of liquids. In total, Perma-Pipe has operations at fifteen locations in six countries.

Forward-Looking Statements

Certain statements and other information contained in this press release that can be identified by the use of forward-looking terminology constitute “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, and are subject to the safe harbors created thereby, including, without limitation, statements regarding the expected future performance and operations of the Company. These statements should be considered as subject to the many risks and uncertainties that exist in the Company's operations and business environment. Such risks and uncertainties include, but are not limited to, the following: (i) fluctuations in the price of oil and natural gas and its impact on customer order volume for the Company's products; (ii) the Company’s ability to purchase raw materials at favorable prices and to maintain beneficial relationships with its suppliers; (iii) decreases in government spending on projects using the Company’s products, and challenges to the Company’s non-government customers’ liquidity and access to capital funds; (iv) the Company’s ability to repay its debt and renew expiring international credit facilities; (v) the Company’s ability to effectively execute its strategic plan and achieve sustained profitability and positive cash flows; (vi) the Company's ability to collect a long-term account receivable related to a project in the Middle East; (vii) the Company’s ability to interpret changes in tax regulations and legislation; (viii) the Company's ability to use its net operating loss carryforwards; (ix) reversals of previously recorded revenue and profits resulting from inaccurate estimates made in connection with the Company’s "over-time" revenue recognition; (x) the Company’s failure to establish and maintain effective internal control over financial reporting; (xi) the timing of order receipt, execution, delivery and acceptance for the Company’s products; (xii) the Company’s ability to successfully negotiate progress-billing arrangements for its large contracts; (xiii) aggressive pricing by existing competitors and the entrance of new competitors in the markets in which the Company operates; (xiv) the Company’s ability to manufacture products free of latent defects and to recover from suppliers who may provide defective materials to the Company; (xv) reductions or cancellations of orders included in the Company’s backlog; (xvi) risks and uncertainties specific to the Company's international business operations; (xvii) the Company’s ability to attract and retain senior management and key personnel; (xviii) the Company’s ability to achieve the expected benefits of its growth initiatives; (xix) the impact of pandemics and other public health crises on the Company and its operations; and (xx) the impact of cybersecurity threats on the Company’s information technology systems. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at https://www.sec.gov and under the Investor Center section of our website (http://investors.permapipe.com).

 

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Contacts

David Mansfield, President and CEO

Perma-Pipe Investor Relations

investor@permapipe.com

847.929.1200

Laserfiche Recognized as a Leader in 2024 Gartner® Magic Quadrant™ for Document Management

 (BUSINESS WIRE)--Laserfiche — a leading enterprise platform that helps organizations manage their most critical content and workflows — has been positioned as a Leader in the 2024 Magic Quadrant for Document Management. Laserfiche was recognized by Gartner based on its completeness of vision and ability to execute.

“We’re excited to be named a Leader in the new document management report along with being recognized as a Gartner Peer Insights Customers’ Choice earlier this year,” said Thomas Phelps, CIO and SVP of corporate strategy at Laserfiche. “With customers around the world using Laserfiche to manage their content and scale their business, we are relentlessly focused on product innovation and an outstanding customer experience.”

In the 2024 Magic Quadrant for Document Management report, Laserfiche was positioned furthest to the right for Completeness of Vision in the Leaders quadrant.

“The City of Los Angeles is a top Digital City in the U.S., a testament to our commitment to delivering digitally advanced services to our constituents,” said Ted Ross, CIO of the City of Los Angeles. “Partnerships with leading technology providers like Laserfiche support our vision for continuous digital transformation and enable us to provide the best possible government experience for all Angelenos.”

“The California State University is the nation’s largest public four-year university system with 23 campuses and over 470,000 students,” said Ed Clark, CIO at the California State University Office of the Chancellor. “Laserfiche has been key to our focus on efficiency and innovation in areas such as contract management.”

Managing Unstructured Data and Powering Content-Centric Workflows

An estimated 70-80% of the world’s data is unstructured. Laserfiche helps organizations manage their data silos and provides an enterprise platform for workflow automation, information governance and records management.

With Laserfiche, organizations can take advantage of core product capabilities to:

Optimize workflows and business processes: With Laserfiche Workflow, organizations can automate content-centric processes and integrate with enterprise applications.

Accelerate human productivity: Organizations can enhance productivity through solution templates, generative AI tools and other intelligent services.

Enforce information governance: To help address growing regulatory requirements for storing and handling sensitive data, Laserfiche provides robust security tools for content sharing, user activity auditing and records management.

Create Business Value from Software that People Love to Use

Gartner® Peer Insights™ captures customer experience with Gartner-verified ratings and reviews. As of November 11, 2024, Laserfiche reviews include the following:

“We love Laserfiche. It's so much more user friendly than our previous solution and is much more scalable to our size.” — Core IT Systems Manager, banking industry [read full review]

“I LOVE Laserfiche!!! I am still new at understanding its capability, but I am amazed at how many areas of our business functions this can touch and improve.” — CFO, education industry [read full review]

“From business process automation to overall records management, this software has been a lifesaver for our county office of education. The product is robust, scalable and innovative.” — Executive Director of HR & Business Administration [read full review]

“Laserfiche is an incredibly robust Forms solution that allows us to provide innovative automated processes and to improve existing legacy business processes. We have been thrilled with this product.” — IT manager, healthcare and biotech industry [read full review]

For More Information

Download a complimentary copy of the report, 2024 Gartner® Magic Quadrant™ for Document Management.

Learn why Laserfiche was named as a 2024 Customers’ Choice for Content Services Platform in 2024 Gartner® Peer Insights Voice of the Customer for Content Services Platforms.

See how the Motion Picture Industry Pension & Health Plans uses Laserfiche to support its plan participants.

Gartner Disclaimers

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and PEER INSIGHTS and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

About Laserfiche

Laserfiche is a leading enterprise platform for document management and content-centric workflow automation. Through scalable workflows, forms, no-code templates and AI-enabled capture, the Laserfiche® platform accelerates how business gets done.

Laserfiche pioneered the paperless office with enterprise content management. Today, Laserfiche’s cloud-first development approach incorporates innovations in machine learning and AI to enable organizations globally to transform into digital businesses. Customers in every industry — including government, education, financial services, healthcare and manufacturing — use Laserfiche to boost productivity, scale their business and deliver digital-first customer experiences.

Laserfiche employees are committed to the company’s vision of empowering customers and inspiring people to reimagine how technology can transform lives.

Connect with Laserfiche:

Laserfiche Blog | X | LinkedIn | Facebook

 

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Contacts

Media Contact:

Linda Domingo

Communications Director, Laserfiche

Linda.domingo@laserfiche.com

562-988-1688 ext. 234

 

Arzan Wealth Advises on Acquisition of Marks & Spencer Anchor Store at The Centre, Livingston, Scotland

  Dubai, United Arab Emirates - Tuesday, 07. January 2025 AETOSWire 

 

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has successfully advised a client on the acquisition of a modern, purpose-built three-story department store leased to Marks & Spencer PLC.

The store serves as the anchor tenant of The Centre, Livingston, one of Scotland's largest shopping centers. This acquisition involves a 96,859 sq ft property that includes an M&S Department Store featuring a Food Hall, Clothing & Homeware sections, and an M&S Café, all fully leased to Marks & Spencer PLC (S&P: BBB-) under a 25-year lease expiring on 24th December 2033. The lease is subject to annual review with fixed increases of 2.5%.

Arzan Wealth provided comprehensive advisory services throughout the structuring and acquisition process and will continue to support the investment during its holding period, which is expected to generate an average annual return of 9% on an unlevered basis for clients.

Muhannad Abulhasan, CEO of Arzan Wealth, commented:

“We are thrilled to have facilitated the acquisition of this M&S asset, which we believe will offer strong returns for our clients. The investment presents an attractive risk-reward profile, particularly given that the deal is unleveraged, providing us with flexibility in terms of strategy moving forward. Our focus remains on prudent risk management and delivering robust financial outcomes to our clients, with the ultimate aim of safeguarding their wealth and legacies

Notes to Editors

About Arzan Wealth (DIFC) Limited

Arzan Wealth is an investment advisory firm registered at the Dubai International Financial Centre (DIFC), and is regulated by the Dubai Financial Services Authority (DFSA). Arzan Wealth currently advises various professional clients on real estate, private equity and other investments with a total value of assets advised around US$ 2.55 Billion.  Arzan Wealth focuses on arranging yielding investments in major global markets, as well as bespoke investments that meet the requirements of specific clients.

Past or projected performance is not necessarily a reliable indicator of future results. Arzan Wealth (DIFC) Limited accepts no liability for any loss arising from the use of this document or its contents or otherwise arising in connection therewith.

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Contacts

Ahmad AlSabbrei

Head of Investment Operations

a.alsabbrei@arzanwealth.com

+965 9988 8624

Belkin Boosts CES 2025 Lineup With New Audio Concepts, Content Creator Tools, and Premium Charging Solutions Made With Up to 90% Recycled Materials

 LAS VEGAS

(BUSINESS WIRE) -- Belkin, a leading consumer electronics brand for 40 years, today introduced several new products across its Mobile Power, Audio and Future Ventures portfolios, underscoring Belkin design excellence, dedication to quality, and commitment to building products more responsibly. Belkin is showcasing its newly announced products at CES Unveiled Las Vegas – the official media event of CES 2025.

Built more responsibly with up to 90% recycled materials

Two years since introducing its transition to using 72-75% post-consumer recycled (PCR) materials in its products, Belkin has transitioned over 359 products and has replaced 432 metric tons of virgin plastics with PCR materials.

This year, several of Belkin’s most popular chargers and cables will receive updated product housing materials that consist of 85-90% PCR in line with the company’s commitment to find more responsible ways to build products. The new accessories will be certified by the Global Recycling Standard and sold in plastic-free packaging. This initiative is estimated to reduce CO2-eq emissions for these product materials by up to 84.8%.

The following products will be the first to ship with the 85-90% PCR beginning Q2 2025, with more products to roll out throughout 2025:

45W Dual USB-C Wall Charger

65W Dual USB-C Wall Charger

70W GaN Wall Charger w/ interchangeable tips

100W GaN Wall Charger w/ interchangeable tips

15W Wireless Charger w/ Qi2

Charging cables

Enhance daily charging with premium features

BoostCharge Pro Magnetic Wireless Charging Pad 15W

The newest addition to its growing Qi2 charging collection, the BoostCharge Pro charging pad features up to 15W fast wireless charging, precise phone alignment and attachment with magnets, an integrated pop-up kickstand, and extra-long 6.6ft/2m USB-C cable. It is made with recycled plastics and will be available in black and white color options. The portable charging pad joins Belkin’s collection of Qi2 certified chargers, offering responsibly designed, thoughtfully engineered, quality fast charging solutions for consumers to get the most out of their newest devices.

Availability:

April 2025

$19.99 USD (no power supply) – $29.99 USD (with power supply)

BoostCharge Compact USB-C Charger

This small but mighty charging solution can quickly charge smart phones, tablets, gaming handhelds, Chromebooks and laptops with USB-C Power Delivery. Compact with foldable prongs*, the charger can fit in hard-to-reach places at home, and fold up for taking on-the-go. It is made with recycled plastics. Available in 45W option (35x35x39.5mm) and 65W option (42.2x42.2x 42.4mm).

Availability:

March 2025

$29.99 USD (45W) - $39.99 USD (65W)

BoostCharge Power Bank 20K with Integrated Cable

If in a pinch, this powerful 20K power bank charges in a cinch. It supports power delivery (PD) fast charging for phones, tablets and other PD-enabled devices at 30W, able to charge iPhone 16 Pro from 0 – 50% in 25 minutes**. The 20K mAh capacity provides up to 3 full charges*** and 87 additional hours of battery life. Built-in USB-C cable delivers convenient, fast charging while in transit; additional USB-C and USB-A ports allow for charging up to 3 devices simultaneously****. Available in black, white, blue and pink color options, and made with recycled plastics.

Availability:

April 2025

$49.99 USD​

Discover new listening experiences with SoundForm Audio

SoundForm Anywhere

Designed for all-day comfort, these semi open-ear earbuds feature a flat, subtle form factor crafted to stay securely in place during workouts or when lying down. The SoundForm Anywhere feature an impressive 27 hours of total battery life (up to 7 hours on a single charge and an additional 20 hours from the case), and ENC microphones in each earbud to actively reduce background noise for clear calls. They are IPX-4 rated for sweat and splash resistance and deliver 90 minutes of playtime with a 10-minute charge via USB-C fast charging. They come with a compact case featuring an ear clip attachment for convenient portability—attach it to a key ring or slide it into a coin pocket with ease.

Availability:

Q2 2025

Price TBD

SoundForm Isolate

The SoundForm Isolate is the first over-ear headphone with active noise cancellation (ANC) by Belkin. Made for the modern and stylish individual, Isolate provides hybrid ANC at a reasonable price point. Isolate features a foldable design, CloudCushion earcups for pillowy soft comfort, and a built-in “Relaxation” track that plays ocean wave sounds to tune out surroundings. They offer 60-hour battery life (or 40 hours with ANC activated), 3 listening modes (Standard Listening, Active Noise Cancellation, Hear Thru Mode), Bluetooth 5.4 with multipoint for effortlessly switching between devices, intuitive touch controls, and high quality 40mm drivers – all in a sleek and portable design, made with recycled materials. Package includes USB-C charging cable and 3.5mm audio cable. Available in sand and black color options.

Availability:

Order now on belkin.com and select retailers worldwide

$59.99 USD

Simplify setup with new content creation tools

Stage Creator Bundle

The Belkin Creator Bundle is a comprehensive toolset designed to meet the needs of budding creators. This all-in-one kit includes essential equipment such as a durable tripod that reaches 1.7m in height, a magnetic phone mount with angle adjustability, a set of wearable clip-on microphones with 100m transmission range and up to 5.5 hours of operating time per charge, and 6-inch USB-C cable – making it easy to capture professional-quality video and audio. Its compact, lightweight design ensures portability, allowing users to take it anywhere inspiration strikes. This kit offers everything needed for hands-free recording and pairs perfectly with the Auto-Tracking Stand Pro to automatically capture movements 360 degrees horizontally and 90 degrees vertically – without the need for a camera crew.

Availability:

May 2025

Price TBD

Stage PowerGrip

The PowerGrip combines the functionality of a high-capacity power bank with the practicality of an ergonomic phone grip, redefining how consumers stay powered on the go. Designed for creators, travelers and multitaskers, the PowerGrip features a 10,000 mAh battery capacity, 7.5W magnetic wireless charging, USB-C output ports, a retractable USB-C charging cable and LED screen to show battery percentage. It will be offered in various colors – powder blue, sandbox, fresh yellow, pepper and lavender – to best match the user’s creative aesthetic.

Availability:

May 2025

Price TBD

Belkin sustainability

Belkin remains committed to its goal of 100% carbon neutrality in its offices and operations (scope 1 & 2) by 2025 with the goal of carbon neutrality across its entire business, including product-level (scope 3) emissions, by 2030.

Media kit is available for download HERE.

*US plug type only

**Data based on internal lab testing. Actual results will vary depending on varying factors.

***Data based on internal lab testing. This power bank charges iPhone 16 Pro 3.25 times and from 0-50% in 25 minutes. Actual results will vary depending on varying factors, including device’s age and usage environment, for individual users.

****Total output: 30W max. USB-C port/cable input: 30W Max; USB-C port/cable output (Single Port): 30W max, PPS supported; USB-A output (Single Port): 18W max

About Belkin

Belkin is a California-based accessories leader delivering award-winning power, protection, productivity, connectivity, and audio products over the last 40 years. Designed and engineered in Southern California and sold in more than 100 countries around the world, Belkin has maintained its steadfast focus on research and development, community, education, sustainability and most importantly, the people it serves. From our humble beginnings in a Southern California garage in 1983, Belkin has become a diverse, global technology company. We remain forever inspired by the planet we live on, and the connection between people and technology.

 

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Contacts

For Media Inquiries:

Jen Wei

VP of Global Communications and Corporate Development

Comms@belkin.com

Autel Energy at CES 2025: Unveiling Strategic Solutions for Intelligent EV Infrastructure

 LAS VEGAS - Monday, 06. January 2025 AETOSWire

(BUSINESS WIRE)--Autel Energy, a trusted pioneer in electric vehicle (EV) charging technology, is reshaping the EV charging landscape with its comprehensive suite of charging solutions. With global EV sales increasing by 25% year-over-year in Q1 2024, the accelerating shift toward electrification highlights an urgent demand for reliable and scalable charging infrastructure. Autel Energy offers high-power DC Charging Solutions, advanced AC Charging Solutions, and intelligent PV-ESS-EVSE Integration, all enhanced by cutting-edge Cloud Services. Together, these solutions ensure unmatched efficiency, flexibility, and profitability for fleet operators, commercial locations, and multi-site charging stations.

A Strategic Vision: Full-Scenario Intelligent Charging Network

At the center of Autel's strategy are the Series Charger Platform and Comprehensive Cloud Platform, working in synergy to deliver a one-stop charging solution that addresses primary scenarios across On-the-Go Charging, Fleet Charging with Megawatt Charging System (MCS) capability, Destination Charging, and Residential Charging.

The Series Charger Platform features a unified modular design, ensuring high scalability from kilowatt-level charging to megawatt-level charging with easy upgrades and maintenance. This future-ready platform design is tailored to support diverse business expansion and transition needs, ensuring flexibility and efficiency.

The Comprehensive Cloud Platform integrates smart operation, intelligent maintenance and streamlined charging payment services, powered by industry leading AI technologies. By enabling efficient management, hassle-free maintenance, and a seamless charging experience for end users, this platform empowers operators to achieve optimal performance and customer satisfaction.

By strategically integrating photovoltaic (PV), Energy Storage Systems (ESS), and Electric Vehicle Supply Equipment (EVSE), this solution maximizes renewable energy utilization and optimizes energy management, building a more advanced and intelligent charging network. This holistic vision fosters a seamlessly connected eMobility landscape, empowering businesses to drive sustainable growth and achieve enhanced lifecycle value.

Drive the Evolution of EV Charging Through Relentless R&D

Driven by its core values of Ultimate Experience, Superior Performance, and Maximized Yield, Autel Energy is committed to the relentless pursuit of excellence in both product development and technological advancement, setting new benchmarks in the EV charging industry:

DC Solutions: High-power solutions ranging from 40 kW to 1440 kW, ideal for a range of applications, including fleet operations, on-the-go charging, and destination charging. The AI-driven technology incorporated into these DC chargers also optimizes the total cost of ownership (TCO) while delivering ultra-fast, reliable charging performance.

AC Solutions: Advanced commercial and residential AC charging networks equipped with dynamic load management capabilities. By offering flexibility in deployment and scalability, Autel’s AC products deliver reliable, high-performance charging options for businesses, commercial hubs, and residences.

Intelligent Cloud Services: Centralized software platform powered by intelligent algorithms that enables comprehensive site-level management with dynamic power sharing, real-time monitoring and predictive maintenance. The platform also supports multiple payment methods, including ISO 15118-compliant Plug and Charge, AutoCharge, POS Kiosks and QR codes, making it convenient for users while maximizing profitability for operators.

PV-ESS-EVSE Integration: The smart integration that leverages AI scheduling, load forecasting, and tracking capabilities. By intelligently combining renewable energy sources with energy storage, Autel Energy helps reduce energy costs, promotes sustainability, and delivers a seamless charging experience for users.

Building Growth Momentum with Global Service Networks

With a strong foundation in cutting-edge technology and customer-centric design, Autel Energy achieved a remarkable 77.8% year-on-year growth for the first three quarters of 2024, reaffirming its position as a leader in driving sustainable innovation and delivering exceptional value to its partners and customers. Autel’s products have also earned esteemed recognition for their superior design, including accolades such as the Red Dot Design Awards. Upcoming product lines will continue reflecting this commitment to high standards of design excellence, reinforcing the brand’s dedication to quality and user experience.

“At Autel, we are driven by an unwavering mission to empower a cleaner, smarter, and more connected future,” said Michelle Luo, Chief Revenue Officer at Autel Energy North America. “Our innovative solutions are designed to meet the evolving needs of EV adopters while advancing global sustainability goals. CES 2025 marks a pivotal moment in our journey as we continue to lead the charge in intelligent energy solutions.”

Autel Energy’s extensive business coverage is underpinned by a robust global network of localized service teams, ensuring tailored support for diverse regional markets. With state-of-the-art manufacturing facilities in North Carolina, United States and Haiphong, Vietnam, Autel is well-positioned to meet growing market demands while adhering to the highest industry standards. By driving transformative progress in sustainable mobility, Autel is actively shaping the future of energy and transportation on a global scale.

 

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marketing@autel.com

Kinaxis Announces Board Transitions and Management Update

 

• Lynn Loewen appointed to board of directors as part of director transitions
• Robert Courteau named interim chief executive officer

 

(BUSINESS WIRE) -- Kinaxis® Inc. (“Kinaxis ” or the “Company ”) (TSX: KXS), a global leader in end-to-end supply chain orchestration, has, effective January 1, appointed Lynn Loewen to the Company’s Board of Directors and member of the Audit Committee. Due to current commitments, Betsy Rafael will not be seeking re-election to the Board at the 2025 annual general meeting.

“I’m pleased to add an exceptionally qualified Director in Lynn, who will ensure we maintain the strength of the audit oversight function, while bolstering the Board in a number of ways,” said Robert (Bob) Courteau, chair and interim chief executive officer. “Betsy has been an exceptional board member and we fully respect that she has several other professional and personal commitments that are taking her time. We appreciate her significant efforts and contributions and wish her the very best.”

Ms. Loewen is an accomplished business leader who has held several leadership positions, including at Bell Canada and Air Canada Jazz, as well as multiple directorship roles. She most recently was the President of Minogue Medical, where she also served as COO. Previously, Ms. Loewen served as president of Expertech Network Installation, vice president finance operations, vice president financial controls at Bell Canada, and vice president, Corporate Services and chief financial officer at Air Canada Jazz. She currently serves as a Director on the boards of the National Bank of Canada, where she is Audit Committee Chair, and Emera Inc., where she is a member of the Audit Committee. Ms. Loewen is the current Chancellor of Mount Allison University. She is a Fellow of the Chartered Professional Accountants and has received the Directors designation from the Institute of Corporate Directors. Ms. Loewen holds a Bachelor of Commerce from Mount Allison University.

As previously announced, after 30 years with Kinaxis, John Sicard has transitioned from CEO to a consultancy role effective January 1, 2025, and as such has stepped back from his board role. Courteau has stepped in as interim CEO and chair while the thorough search for Kinaxis’ next CEO continues apace. Sicard’s vacant board seat will be filled by the next permanent chief executive officer of the company.

“Much of the credit for Kinaxis being a leader in the supply chain orchestration space goes to John,” said Courteau. “Our work together over the last several months has confirmed his commitment to the company and I am thrilled that John will be with us as a key advisor throughout as we work to scale the company in 2025. With John as advisor, Mark Morgan, our new president of Commercial Operations, and the full management team, we will continue to collaborate and ensure a smooth transition as I take on the interim CEO title. This group will provide continuity while we secure a new CEO who will guide us into the next stage of growth and beyond.”

About Kinaxis

Kinaxis is a global leader in modern supply chain orchestration, powering complex global supply chains and supporting the people who manage them, in service of humanity. Our powerful, AI-infused supply chain orchestration platform, Maestro™ combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain — from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.

Cautionary Note and Forward-Looking Information

This press release contains forward-looking information within the meaning of Canadian securities legislation. Forward-looking information relates to future events or the anticipated performance of Kinaxis and reflects management’s expectations or beliefs regarding such future events. In certain cases, statements that contain forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur” or “be achieved” or the negative of these words or comparable terminology. Forward looking information in this press release includes statements with respect to the Company’s anticipated permanent CEO and growth plans. By its very nature forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual performance of Kinaxis to be materially different from any anticipated performance expressed or implied by such forward-looking information.

Forward-looking information is subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the risks described under the heading “Risk Factors” in the Company’s annual information form dated March 25, 2024 for its fiscal year ended December 31, 2023 and other risks identified in the Company’s filings with Canadian securities regulators, which filings are available on SEDAR+ at https://www.sedarplus.ca.

The risk factors referred to above are not an exhaustive list of the factors that may affect any of the Company’s forward-looking information. Forward-looking information includes statements about the future and is inherently uncertain, and the Company’s actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking information due to a variety of risks, uncertainties and other factors. The Company’s statements containing forward-looking information are based on the beliefs, expectations, and opinions of management on the date the statements are made, and the Company does not assume any obligation to update such forward-looking information if circumstances or management's beliefs, expectations or opinions should change, other than as required by applicable law. For the reasons set forth above, one should not place undue reliance on forward-looking information.

Source: Kinaxis Inc.

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Contacts

Media Relations

Belinda Thomas | Kinaxis

bthomas@kinaxis.com

+1 613-322-9305

Investor Relations

Rick Wadsworth | Kinaxis

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Trident et la République démocratique du Congo, Cabinet du Président de la République par le biais de l'Agence nationale de renseignement, signent un Protocole d'Accord de Collaboration pour développer et mettre en œuvre un Système national de gouvernance électronique

 

Trident explore la transformation numérique des services gouvernementaux en République démocratique du Congo
La plateforme d'authentification numérique basée sur la blockchain de Trident renforcera la sécurité et l'efficacité de la prestation des services gouvernementaux

SINGAPOUR, 19 déc. 2024 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd ( « Trident » ou la « Société », cotée à la bourse NASDAQ : TDTH), un catalyseur pionnier en matière de transformation numérique des services d'optimisation technologique et Web 3.0 activation, basé à Singapour ont annoncé la signature d'un accord de collaboration historique avec la République démocratique du Congo (la " RDC " ou la " République "), représentée par le président de la République par l'intermédiaire de l'Agence nationale de renseignement, afin de stimuler la transformation numérique en RDC pour une gouvernance efficace, responsable et transparente.

Dans le cadre de cet accord de collaboration, Trident explorera le développement d'un système complet de gouvernement électronique (« e-GOV ») pour la RDC, visant à numériser le cadre administratif du gouvernement congolais grâce à l'intégration de technologies de pointe, y compris la blockchain, afin de fournir des services gouvernementaux sécurisés et efficaces aux citoyens, tout en protégeant les données personnelles.

L'accord établit un cadre permettant aux deux parties de conclure un accord définitif pour que Trident développe et mette en œuvre une plateforme qui gérera les identités numériques et les données des citoyens congolais. Cette plateforme fournira un accès sécurisé et rationalisé à un large éventail de services gouvernementaux, notamment l'enregistrement des entreprises, les registres fonciers, les services d'immigration, l'état civil, ainsi que des fonctions de paiement et d'approbation numériques pour les services gouvernementaux. Chaque service sera personnalisé pour répondre aux besoins spécifiques de la RDC.

Soon Huat Lim, Fondateur, Président du conseil d'administration et PDG de Trident, a déclaré : « Nous sommes honorés de collaborer avec la République démocratique du Congo sur ce projet transformateur qui révolutionnera la façon dont les citoyens interagissent avec les services gouvernementaux grâce à des identités numériques sécurisées. Notre plateforme permet des processus d'authentification robustes via des identités numériques cryptées, renforçant ainsi la sécurité tout en optimisant l'expérience des citoyens lorsqu'ils interagissent avec les services gouvernementaux. Cette collaboration avec la RDC reflète une validation significative de nos capacités technologiques et de notre engagement à développer des solutions numériques sécurisées et efficaces adaptées à divers scénarios. Cet accord marque une étape importante dans la trajectoire de croissance de notre entreprise, démontrant notre capacité à fournir des solutions de transformation numérique à grande échelle répondant aux normes mondiales. Nous sommes certains que le succès de cette initiative permettra d’offrir des opportunités pour mettre en œuvre des solutions d'identité numérique et d'authentification sécurisée similaires pour d'autres clients cherchant à développer leur infrastructure numérique ».

Pour sa part, Justin Inzun Kakiak, Directeur général de l'Agence nationale de renseignement de la RDC, a souligné : « Choisir Trident pour cette initiative de transformation numérique cruciale reflète notre engagement à adopter et à coordonner des solutions innovantes au bénéfice de notre pays et de nos citoyens. Ce système de e-gouvernement améliorera considérablement l'accès aux services gouvernementaux dans notre pays, et nous sommes ravis de collaborer avec Trident pour faire avancer cette initiative révolutionnaire ».

À propos de Trident

Trident est un catalyseur pionnier de la transformation numérique dans les secteurs de l'optimisation numérique, les services technologiques et la Web 3.0 activation à l'échelle mondiale, basé à Singapour. La société offre des solutions numériques commerciales et technologiques conçues pour optimiser l'expérience de ses clients avec leurs utilisateurs finaux en favorisant l'adoption du numérique et le self-service.

Tridentity, le produit phare de la société, est une solution d'identité innovante et hautement sécurisée basée sur la blockchain, conçue pour fournir des capacités d'authentification à connexion unique sécurisée aux systèmes tiers intégrés dans diverses industries. Tridentity vise à offrir des fonctionnalités de sécurité inégalées, garantissant la protection des informations sensibles et prévenant les menaces potentielles, promettant ainsi une nouvelle ère sécurisée dans le paysage numérique mondial en général, et en Asie du Sud en particulier.

Au-delà de Tridentity, la mission de la société consiste à devenir le leader mondial de la Web 3.0 activation, notamment en connectant les entreprises à une plateforme technologique fiable et sécurisée ayant des expériences client personnalisées et optimisées.

Déclaration de la sphère de sécurité

Le présent communiqué contient des déclarations qui peuvent constituer des « déclarations prospectives» conformément aux dispositions relatives à la « sphère de sécurité » du Private Securities Litigation Reform Act (loi américaine sur la réforme des litiges relatifs aux valeurs mobilières) de 1995. Ces déclarations prospectives peuvent être identifiées par des termes tels que « sera », « s'attend à », «anticipe », « vise », « futur », « a l'intention de », « planifie », « croit », « estime », « probablement », et d'autres déclarations similaires. La société peut également faire des déclarations prospectives écrites ou orales dans ses rapports périodiques déposés auprès de la Securities and Exchange Commission (la «SEC»), dans son rapport annuel envoyé aux actionnaires, dans ses annonces et autres documents écrits, et dans ses déclarations orales faites par ses dirigeants, administrateurs ou employés à des tiers. Les déclarations qui ne sont pas des faits historiques, y compris les déclarations concernant les convictions, les projets et les attentes de la société, sont des déclarations prospectives. Les déclarations prospectives impliquent des risques et des incertitudes inhérents, y compris la possibilité qu'un accord définitif ne soit pas conclu comme prévu dans le cadre de l'accord de collaboration discuté dans cette annonce, et la possibilité que le système e-GOV ne se matérialise pas comme prévu dans le cadre de l'accord de collaboration ou d'un accord définitif, s'il est conclu une fois pour toutes. Un certain nombre de facteurs pourraient également entraîner une différence matérielle entre les résultats réels et ceux contenus dans les déclarations prospectives, y compris, mais sans s'y limiter, les éléments suivants : les stratégies de la société, le développement futur de ses activités, sa situation financière et ses résultats d'exploitation ; la croissance attendue du marché des solutions numériques ; les développements politiques, économiques, sociaux et juridiques dans les juridictions où la société opère ou dans lesquelles elle a l'intention d'étendre ses activités et ses opérations ; la capacité de la société à maintenir et à améliorer sa marque. De plus amples informations concernant ces risques et d'autres sont incluses dans les documents déposés par la société auprès de la SEC. Toutes les informations fournies dans le présent communiqué sont valides à la date de celui-ci, et la société ne s'engage pas à mettre à jour les déclarations prospectives, sauf si la loi applicable l'exige.

Contacts investisseurs/médias

Relations avec les investisseurs Robin Yang, associé

ICR, LLC

Courriel : investor@tridentity.me

Téléphone : +1 (212) 321-0602

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