Distribution

Ault Alliance Announces a Final Distribution of TOG Securities Valued at Approximately $0.019 for Each Share of Ault Alliance Common Stock

Retrieved on: 
Friday, March 22, 2024

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), hereby announces an update on its final distribution (the “Final Distribution”) related to securities of TurnOnGreen, Inc., formerly Imperalis Holding Corp. (OTC: IMHC) (“TurnOnGreen”).

Key Points: 
  • Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), hereby announces an update on its final distribution (the “Final Distribution”) related to securities of TurnOnGreen, Inc., formerly Imperalis Holding Corp. (OTC: IMHC) (“TurnOnGreen”).
  • In the initial distribution, Ault Alliance stockholders received forty (40) shares of TurnOnGreen common stock and warrants to purchase forty (40) shares of TurnOnGreen common stock (the “TOG Securities”) and in the second distribution, stockholders of the Company received fifteen (15) TOG Securities for each share of common stock of the Company that they owned on the record date.
  • The Company distributed 58,686,480 TOG Securities in the initial distribution and another 56,405,175 TOG Securities in the second distribution, for an aggregate of 115,091,655 TOG Securities distributed, leaving another 24,908,345 TOG Securities to be distributed in the Final Distribution.
  • Based on the estimated number of shares of common stock of the Company (the “AAI Common Stock”) to be issued and outstanding on the Record Date, each stockholder of the Company will receive approximately 0.71 TOG Securities for each share of AAI Common Stock owned on the Record Date.

TD SYNNEX Recognized by NVIDIA Partner Network as Distribution Partner of the Year in the Americas

Retrieved on: 
Tuesday, March 19, 2024

TD SYNNEX (NYSE: SNX) today announced it has been selected by the NVIDIA Partner Network (NPN) as the Distribution Partner of the Year in the Americas.

Key Points: 
  • TD SYNNEX (NYSE: SNX) today announced it has been selected by the NVIDIA Partner Network (NPN) as the Distribution Partner of the Year in the Americas.
  • TD SYNNEX is being recognized for demonstrating its commitment to building its AI business on the NVIDIA AI platform, with year-over-year growth that underscores its operational excellence in distribution.
  • Close collaboration with NVIDIA and others in the NPN has been critical to building an ecosystem that helps TD SYNNEX deliver industry-leading aggregated AI solutions and serve as the destination for AI solutions in the channel.
  • “Their results are strong across multiple dimensions, including financial, inventory management, advanced solutions aggregation and partner enablement.”
    TD SYNNEX brings together leading high-growth technologies across security, networking, cloud, data and AI.

Myonex to Acquire Creapharm’s Clinical & Commercial Packaging and Bioservices Business

Retrieved on: 
Friday, March 15, 2024

Myonex, a leading global clinical trial supply company, has reached an agreement with the owners of Creapharm Group to acquire the Creapharm Clinical Packaging & Distribution and Commercial Packaging business and bioservices, headquartered in Reims, France with additional locations in Bordeaux and Bailly-Romainvilliers, France, and Marietta, Georgia, USA.

Key Points: 
  • Myonex, a leading global clinical trial supply company, has reached an agreement with the owners of Creapharm Group to acquire the Creapharm Clinical Packaging & Distribution and Commercial Packaging business and bioservices, headquartered in Reims, France with additional locations in Bordeaux and Bailly-Romainvilliers, France, and Marietta, Georgia, USA.
  • Myonex is the market leader in drug sourcing and clinical trial prescription services with growing franchises in clinical packaging, labeling and distribution, and ancillary equipment and supply.
  • Creapharm will bring scale and deep expertise in clinical packaging and distribution alongside existing franchises in commercial packaging and advanced therapy medicinal products (ATMPs) supply chain management.
  • Eric Placet will reinvest into Myonex as well as join Myonex’s Board of Directors further solidifying the relationship.

Barrett Distribution Centers Unveils Its Second Dallas Fulfillment Center

Retrieved on: 
Tuesday, March 12, 2024

Barrett Distribution Centers , a third-party logistics (3PL) provider and a leader in eCommerce and omnichannel fulfillment solutions, is thrilled to announce the expansion of its operations with the opening of its second fulfillment distribution center in the Dallas, Texas region .

Key Points: 
  • Barrett Distribution Centers , a third-party logistics (3PL) provider and a leader in eCommerce and omnichannel fulfillment solutions, is thrilled to announce the expansion of its operations with the opening of its second fulfillment distribution center in the Dallas, Texas region .
  • This strategic addition underscores our commitment to supporting direct-to-consumer (DTC) eCommerce and omnichannel fulfillment, alongside retail/B2B distribution, warehousing, and comprehensive transportation solutions.
  • “Our expansion in Dallas is a key component of our broader strategy to reinforce a strong national footprint,” said Scott Hothem , SVP of Barrett.
  • The new Dallas fulfillment center is a testament to Barrett's foresight in recognizing and leveraging geographic advantages to the benefit of its clients.

Symetra Receives 2024 BISA Diversity, Equity & Inclusion Award

Retrieved on: 
Monday, March 11, 2024

Symetra Financial Corporation received a 2024 Diversity, Equity & Inclusion Award from the Bank Insurance & Securities Association (BISA), which annually recognizes the successful diversity efforts of organizations from the financial services industry.

Key Points: 
  • Symetra Financial Corporation received a 2024 Diversity, Equity & Inclusion Award from the Bank Insurance & Securities Association (BISA), which annually recognizes the successful diversity efforts of organizations from the financial services industry.
  • View the full release here: https://www.businesswire.com/news/home/20240311164917/en/
    Symetra received a 2024 Diversity, Equity & Inclusion Award from the Bank Insurance & Securities Association (BISA), which annually recognizes the successful diversity efforts of organizations from the financial services industry.
  • Director, Internal Sales Desk, Symetra, and BISA DE&I Committee member); Andrea Sakomoto (Relationship Management, Symetra); Lisa Mattia (Retirement Div., Symetra); Martha Stewart (Assoc.
  • Relationship Mgr., Symetra); Katie Harlan (DEI Office director, Symetra); Dayna Cerrone (VP, Bank & Wirehouse Channel, Symetra); Jim Nickens (Pres., InSource, and Chair, BISA DE&I Committee); and Drew Farrell (SVP, Retirement Sales, Distribution & Marketing, Symetra).

Georgia Power highlights training programs and career opportunities during Lineworker Appreciation Month

Retrieved on: 
Thursday, April 4, 2024

ATLANTA, April 4, 2024 /PRNewswire/ -- April is designated nationally as Lineworker Appreciation Month – a time to recognize and celebrate the thousands of lineworkers who work around the clock to keep the lights on for electric customers. This month, Georgia Power is highlighting the successful, forward-thinking collaboration between the company and Georgia's technical colleges to recruit, train and employ the next generation of this critical workforce.

Key Points: 
  • This month, Georgia Power is highlighting the successful, forward-thinking collaboration between the company and Georgia's technical colleges to recruit, train and employ the next generation of this critical workforce.
  • In fact, Georgia Power expects to hire around 170 lineworkers annually over the next 3-5 years to continue serving the state.
  • Tami Barron is senior vice president of Distribution for Georgia Power and has worked with the Southern Company system for decades.
  • More than 60 percent of new Georgia Power lineworkers come from technical schools with Electrical Lineworker Apprentice Certification (ELAC) programs.

VoePass Partners with CellPoint Digital to Streamline Payment Reconciliation and Implement Payment Orchestration

Retrieved on: 
Thursday, March 21, 2024

LONDON, March 21, 2024 /PRNewswire/ -- CellPoint Digital, a global pioneer in Payment Orchestration, today announced that it will provide Payment Orchestration and reconciliation solutions to VoePass Linhas Aéreas (VoePass), a leading Brazilian regional carrier. Working with CellPoint Digital will enable VoePass to expand the number of payment methods available to its passengers, streamline the resource-intensive back-end process of payment reconciliation, increase its transaction authorisation rates, improve its customer experience, and position itself for future growth.

Key Points: 
  • Working with CellPoint Digital will enable VoePass to expand the number of payment methods available to its passengers, streamline the resource-intensive back-end process of payment reconciliation, increase its transaction authorisation rates, improve its customer experience, and position itself for future growth.
  • VoePass will utilise CellPoint Digital's Payment Orchestration Platform to centralise all its sales channels, giving the airline more control and visibility into its payment processes.
  • Leveraging CellPoint Digital's Payment Orchestration solutions, reconciliation will be fully automated, paving the way for VoePass to introduce support for the alternative payment methods (APMs) its passengers prefer and implement a multi-acquirer strategy as the airline expands its route network and regional footprint.
  • CellPoint Digital's Payment Orchestration Platform, which VoePass will implement, easily accommodates multiple PSPs and acquirers, routes transactions intelligently to boost acceptance, simplifies and centralises back-end reconciliation, and can integrate various payment methods.

DDN to Support Deployment of New Large-Scale NVIDIA GPU Clouds

Retrieved on: 
Monday, March 18, 2024

SAN JOSE, Calif., March 18, 2024 /PRNewswire/ -- (GTC, DDN Booth #816) -- DDN®, the global leader in artificial intelligence (AI) and multi-cloud data management solutions, today announced worldwide support for Cloud Partners in the NVIDIA Partner Network hosting large-scale GPU services. This support expands upon DDN's success with NVIDIA DGX SuperPOD customers and AI cloud providers building hosted solutions for large-scale model training.

Key Points: 
  • DDN Supplies Optimized Data Management Solutions to Cloud Partners in the NVIDIA Partner Network for Distributed Training of LLMs, Foundation Models & Generative AI
    SAN JOSE, Calif., March 18, 2024 /PRNewswire/ -- (GTC, DDN Booth #816) -- DDN ®, the global leader in artificial intelligence (AI) and multi-cloud data management solutions, today announced worldwide support for Cloud Partners in the NVIDIA Partner Network hosting large-scale GPU services.
  • This support expands upon DDN's success with NVIDIA DGX SuperPOD customers and AI cloud providers building hosted solutions for large-scale model training.
  • DDN announces worldwide support for Cloud Partners in the NVIDIA Partner Network hosting large-scale GPU services.
  • With a strong track record of deployments backing hundreds of thousands of NVIDIA GPUs worldwide, DDN has repeatedly demonstrated its ability to make GPU-based cloud implementations more efficient and cost-effective.

Locus Robotics Partners with John Lewis to Revolutionise Fulfilment Deployment at Milton Keynes Distribution Centre

Retrieved on: 
Monday, March 18, 2024

WILMINGTON, Mass., March 18, 2024 /PRNewswire/ -- Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfilment warehouses, today announced its partnership with John Lewis & Partners following deployment of Locus AMRs at their distribution centre in Milton Keynes. This represents the first deployment of mobile robotics automation at John Lewis and the continued expansion of Locus Robotics' footprint in the UK. John Lewis has seen a 50% increase in their picking rates following the introduction of Locus on their site.

Key Points: 
  • WILMINGTON, Mass., March 18, 2024 /PRNewswire/ -- Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfilment warehouses, today announced its partnership with John Lewis & Partners following deployment of Locus AMRs at their distribution centre in Milton Keynes.
  • This represents the first deployment of mobile robotics automation at John Lewis and the continued expansion of Locus Robotics' footprint in the UK.
  • Locus Robotics today announced its partnership with John Lewis & Partners.
  • "We are delighted to be working with John Lewis as they embark on their Robotics journey at their Fenny Lock Distribution & Fulfilment Centre," said Rick Faulk, CEO of Locus Robotics.

Locus Robotics Partners with John Lewis to Revolutionise Fulfilment Deployment at Milton Keynes Distribution Centre

Retrieved on: 
Monday, March 18, 2024

WILMINGTON, Mass., March 18, 2024 /PRNewswire/ -- Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfilment warehouses, today announced its partnership with John Lewis & Partners following deployment of Locus AMRs at their distribution centre in Milton Keynes. This represents the first deployment of mobile robotics automation at John Lewis and the continued expansion of Locus Robotics' footprint in the UK. John Lewis has seen a 50% increase in their picking rates following the introduction of Locus on their site.

Key Points: 
  • WILMINGTON, Mass., March 18, 2024 /PRNewswire/ -- Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfilment warehouses, today announced its partnership with John Lewis & Partners following deployment of Locus AMRs at their distribution centre in Milton Keynes.
  • This represents the first deployment of mobile robotics automation at John Lewis and the continued expansion of Locus Robotics' footprint in the UK.
  • John Lewis has seen a 50% increase in their picking rates following the introduction of Locus on their site.
  • "We are delighted to be working with John Lewis as they embark on their Robotics journey at their Fenny Lock Distribution & Fulfilment Centre," said Rick Faulk, CEO of Locus Robotics.