UIS

Unisys Advancing AI Strategy, Names Brett Barton as Global AI Practice Leader

Retrieved on: 
Monday, April 8, 2024

BLUE BELL, Pa., April 8, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announced Brett Barton as the company's vice president and global AI practice leader.

Key Points: 
  • BLUE BELL, Pa., April 8, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announced Brett Barton as the company's vice president and global AI practice leader.
  • "Our dedicated AI practice underscores our commitment to serve clients with cutting-edge AI solutions," said Unisys CEO Peter Altabef.
  • "Brett has a track record of propelling organizations forward through innovative initiatives, and we are excited to welcome him to Unisys."
  • Prior to joining Unisys, Barton built an advisory practice focused on AI and machine learning at Slalom, a global business and technology consulting company.

Unisys Transfers Approximately $200 Million of its U.S. Defined Benefit Pension Obligations to F&G Through the Purchase of Group Annuity Contracts

Retrieved on: 
Monday, April 1, 2024

BLUE BELL, Pa., April 1, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) today announced it closed agreements with F&G Annuities & Life, Inc. ("F&G") on March 28th to purchase group annuity contracts totaling almost $200 million using plan assets. Unisys will transfer projected benefit obligations valued at a similar amount related to certain retirees under one of the company's U.S. qualified pension plans to F&G.

Key Points: 
  • Unisys will transfer projected benefit obligations valued at a similar amount related to certain retirees under one of the company's U.S. qualified pension plans to F&G.
  • There will be no changes to the gross amount, timing, or form of the monthly pension benefit payments.
  • Unisys anticipates this action will result in a first quarter one-time, non-cash, pre-tax settlement charge of approximately $129 million.
  • Since the purchase will be made by the pension trust, there will be no impact on the company's cash position.

Trangistics Celebrates One Year Of Making History on Record-Setting New Microchip Factory

Retrieved on: 
Tuesday, February 13, 2024

PHOENIX, Feb. 13, 2024 /PRNewswire/ -- Trangistics, a leading logistics partner for high-tech construction projects, celebrates one year of its partnership with general contractor United Integrated Services (UIS) in supporting the construction of a new, $40 billion computer chip manufacturing plant in Arizona.

Key Points: 
  • When fully functional, the facility will produce 25,000 microchips per month for premier clients such as Apple, Amazon, and NVIDIA.
  • "It's exciting to be part of such an important project," explains Trangistics CEO Joey Hougham.
  • Construction on the project is being handled by UIS, who manages more than 4,000 active workers on site every day.
  • Trangistics plans to continue its relationship with UIS through all phases of construction and beyond into new projects.

Unisys Announces Fourth-Quarter and Full-Year 2023 Results Date and Participation in Upcoming Investor Conference

Retrieved on: 
Tuesday, February 6, 2024

BLUE BELL, Pa., Feb. 6, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announces the date for its fourth-quarter and full-year 2023 financial results and conference call and its participation in an upcoming investor conference.

Key Points: 
  • BLUE BELL, Pa., Feb. 6, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announces the date for its fourth-quarter and full-year 2023 financial results and conference call and its participation in an upcoming investor conference.
  • Management will host a conference call at 8 a.m. EST that same day with the financial community to discuss the results.
  • The company will offer a live, listen-only webcast of the conference call on the Unisys Investor Website at www.unisys.com/investor .
  • Michaela Pewarski, Vice President of Investor Relations of Unisys, will participate virtually in the Sidoti Small-Cap Conference on March 13-14, 2024.

Unisys Announces Participation in Upcoming Investor Conferences

Retrieved on: 
Thursday, January 11, 2024

BLUE BELL, Pa., Jan. 11, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announces that Deb McCann, Chief Financial Officer of Unisys, will host one-on-one and small group meetings in the following upcoming investor conferences:

Key Points: 
  • BLUE BELL, Pa., Jan. 11, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announces that Deb McCann, Chief Financial Officer of Unisys, will host one-on-one and small group meetings in the following upcoming investor conferences:
    The Needham Virtual Growth Conference on Jan 19, 2024.
  • The J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami, Fla., on Feb 27-28, 2024.
  • Investors interested in arranging meetings with Unisys executives should contact the respective conference representatives.

Global Research and Discovery Group and Impact Biomedical's Laetose Technology Granted U.S. Patent Allowance

Retrieved on: 
Monday, January 8, 2024

Today, the spotlight shines on the success of GRDG's Laetose technology, recently granted a (UIS) Patent Allowance by the United States Patent and Trademark Office (USPTO) for its exceptional ability to inhibit tumor necrosis factor alpha (TNF-α).

Key Points: 
  • Today, the spotlight shines on the success of GRDG's Laetose technology, recently granted a (UIS) Patent Allowance by the United States Patent and Trademark Office (USPTO) for its exceptional ability to inhibit tumor necrosis factor alpha (TNF-α).
  • Daryl Thompson and GRDG have been able to create this new sugar Laetose and are now in coordination with its contacts of global food conglomerates for out-licensing opportunities.
  • The recent grant of a UIS Patent Allowance by the USPTO for Laetose solidifies GRDG's position as a trailblazer in scientific innovation.
  • This initiative seeks to mitigate the impact of these elements, which are contributors to the escalating global health crisis.

UNISYS CORPORATION (NYSE: UIS) SHAREHOLDER ALERT: POTENTIAL COMPENSATION CLAIMS: Rosca Scarlato Investor Lawyers Investigating

Retrieved on: 
Friday, December 1, 2023

PHILADELPHIA, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Investor lawyers at the Rosca Scarlato law firm are investigating allegations of securities violations, corporate misconduct, and misrepresentations involving Unisys Corporation and/or its directors and officers.

Key Points: 
  • PHILADELPHIA, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Investor lawyers at the Rosca Scarlato law firm are investigating allegations of securities violations, corporate misconduct, and misrepresentations involving Unisys Corporation and/or its directors and officers.
  • The Rosca Scarlato attorneys are preparing to take action and seek compensation and/or other redress on behalf of any injured UIS shareholders.
  • Unisys investors who invested in or before February 2022, are concerned about the UIS stock price performance, and would like to discuss potential claims for compensation or other redress may contact Alan Rosca at [email protected] , 888-998-0530, or through the Unisys Corporation Class Action Investigation page .
  • Investor rights attorneys Alan Rosca and Paul Scarlato at Rosca Scarlato are evaluating potential claims for compensation and/or other redress on behalf of UIS shareholders.

Unisys Wins Coveted "The Drum Award" in the B2B Rebrand or Relaunch Category

Retrieved on: 
Thursday, December 21, 2023

BLUE BELL, Pa., Dec. 21, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) took home the top prize at The Drum Awards Festival in the B2B: Rebrand or Relaunch category, where the company was recognized for its multidimensional creative strategy that redefined the 150-year-old brand for the first time in more than 35 years. The Drum Awards is one of the largest and most prestigious annual competitions for the global marketing community.

Key Points: 
  • The Drum Awards is one of the largest and most prestigious annual competitions for the global marketing community.
  • Unisys has always championed innovation and creativity throughout its history , engendering loyalty by creating long-term value for its clients.
  • The company's market research showed strong equity in the Unisys name, and the new brand rekindles an undaunted spirit of reinvention and reliability.
  • Click here to read the full case study of the Unisys rebrand.

UNISYS CORPORATION (NYSE: UIS) SHAREHOLDER ALERT: POTENTIAL COMPENSATION CLAIMS: Rosca Scarlato Investor Lawyers Investigating

Retrieved on: 
Monday, November 13, 2023

PHILADELPHIA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Investor lawyers at the Rosca Scarlato law firm are investigating allegations of securities violations, corporate misconduct, and misrepresentations involving Unisys Corporation and/or its directors and officers.

Key Points: 
  • PHILADELPHIA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Investor lawyers at the Rosca Scarlato law firm are investigating allegations of securities violations, corporate misconduct, and misrepresentations involving Unisys Corporation and/or its directors and officers.
  • The Rosca Scarlato attorneys are preparing to take action and seek compensation and/or other redress on behalf of any injured UIS shareholders.
  • Unisys investors who invested in or before February 2022, are concerned about the UIS stock price performance, and would like to discuss potential claims for compensation or other redress may contact Alan Rosca at [email protected] , 888-998-0530, or through the Unisys Corporation Class Action Investigation page .
  • Investor rights attorneys Alan Rosca and Paul Scarlato at Rosca Scarlato are evaluating potential claims for compensation and/or other redress on behalf of UIS shareholders.

UNISYS ALERT: Bragar Eagel & Squire, P.C. is Investigating Unisys Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, November 14, 2023

Our investigation concerns whether the board of directors of Unisys have breached their fiduciary duties to the company.

Key Points: 
  • Our investigation concerns whether the board of directors of Unisys have breached their fiduciary duties to the company.
  • Unisys, together with its subsidiaries, operates as an information technology services company worldwide.
  • The Company operates in Digital Workplace Solutions (DWS); Cloud and Infrastructure Solutions (C&I); and Enterprise Computing Solutions (ECS) segments.
  • There is no cost or obligation to you.