Local government

Angel Yeast Participates in Egypt's International Workers' Day, Boosting Local Engagement

Retrieved on: 
Thursday, May 9, 2024

SHANGHAI, May 9, 2024 /PRNewswire/ -- Angel Yeast , (SH600298), the world's leading yeast manufacturer, recently took part in Egypt's national celebration of the 2024 International Workers' Day.

Key Points: 
  • SHANGHAI, May 9, 2024 /PRNewswire/ -- Angel Yeast , (SH600298), the world's leading yeast manufacturer, recently took part in Egypt's national celebration of the 2024 International Workers' Day.
  • "We're very honored to be invited to the grand celebration and sincerely appreciate the recognition and support of Angel Yeast.
  • In the meantime, Angel Yeast Egypt also attaches great importance to creating local employment opportunities, improving the skill level and income of local workers, and actively participating in social welfare initiatives to make contributions to the local communities," said Liu Jun, general manager of Angel Yeast Egypt.
  • Angel Yeast Egypt is actively building circular economy models and promote the local agricultural development.

Backblaze Announces First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 8, 2024

SAN MATEO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), a leading specialized storage cloud platform, today announced results for its first quarter ended March 31, 2024.

Key Points: 
  • SAN MATEO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), a leading specialized storage cloud platform, today announced results for its first quarter ended March 31, 2024.
  • “We had a record start to 2024, with dramatically improved financial metrics year over year including Q1 revenue growth of 28% compared to 20%, and adjusted EBITDA margin of 6% versus -12%,” said Gleb Budman, CEO of Backblaze.
  • First Quarter 2024 Operational Highlights:
    Annual recurring revenue (ARR) was $122.1 million, an increase of 27% YoY.
  • Based on information available as of the date of this press release,
    For the second quarter of 2024 we expect:
    For full-year 2024 we expect:
    Today we announced that our Chief Financial Officer, Frank Patchel, plans to retire later this year.

Mullen Signs Agreement with California Based and HVIP Approved, National Auto Fleet Group

Retrieved on: 
Monday, May 6, 2024

BREA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the addition of California based commercial dealer,  National Auto Fleet Group ("NAFG"). NAFG will offer Mullen’s full line of all-electric commercial vehicles, the Mullen ONE, Class 1 EV cargo van and Mullen THREE, Class 3 EV cab chassis truck, which is HVIP approved and provides up to $45,000 cash voucher at purchase. NAFG will support national fleet customers via Sourcewell and offer Mullen’s commercial vehicle lineup in the following two key market locations in California:

Key Points: 
  • NAFG will support national fleet customers via Sourcewell and offer Mullen’s commercial vehicle lineup in the following two key market locations in California:
    NAFG, founded in 1980, is based in Northern California and is a premier all-in-one, minority family-owned vehicle dealership group specializing in government fleet sales in California and across the United States.
  • With Mullen we will offer municipal and government fleets the opportunity to work more efficiently, with a stronger TCO and with zero emissions,” said Clarke Cooper, National Fleet Auto Group.
  • NAFG is also an approved California Air Resource Board (“CARB”) HVIP dealer and will be able to provide point of sale vouchers for the Mullen THREE, Class 3 EV truck.
  • Under HVIP, the 2024 Mullen THREE, with a suggested MSRP of $68,500, qualifies for an up to $45,000 cash voucher.

New Research from LevelBlue Indicates Computing Complexity is Forcing Leaders to Sacrifice Risk for Innovation

Retrieved on: 
Tuesday, May 7, 2024

The LevelBlue Futures Report found that 85% of participants surveyed believe computing innovation is increasing risk.

Key Points: 
  • The LevelBlue Futures Report found that 85% of participants surveyed believe computing innovation is increasing risk.
  • Additionally, 74% of global respondents confirmed that the opportunity of computing innovation outweighs the corresponding increase in cybersecurity risk - making cyber resilience nearly impossible to achieve.
  • In fact, less than half (47%) of survey respondents declared their cybersecurity processes as standardized, with only 35% having formalized incident response.
  • Computing has advanced so rapidly that most IT leaders no longer have visibility into their IT estate, yet emerging technologies such as artificial intelligence (AI) and edge computing create unprecedented opportunities for innovation.

G&C Foods Breaks Ground on New Southeastern Cold Storage Distribution Center with ARCOLD Design/Build

Retrieved on: 
Monday, May 6, 2024

ALACHUA, Fla., May 6, 2024 /PRNewswire/ -- ARCOLD, a division of ARCO Design/Build (ARCOLD ) that specializes in refrigerated facilities and cold storage, announces the groundbreaking of a new cold storage distribution center for G&C Foods in Alachua, Florida.

Key Points: 
  • ALACHUA, Fla., May 6, 2024 /PRNewswire/ -- ARCOLD, a division of ARCO Design/Build (ARCOLD ) that specializes in refrigerated facilities and cold storage, announces the groundbreaking of a new cold storage distribution center for G&C Foods in Alachua, Florida.
  • Headquartered in Syracuse, New York, G&C Foods has emerged as a frontrunner in the food distribution sector, renowned for its unwavering commitment to excellence.
  • Situated in Alachua, Florida, the facility spans approximately 254,000 square feet and incorporates the latest advancements in cold storage design and construction expertise of the ARCOLD Team.
  • From cold storage construction to temperature-controlled food and beverage facilities, ARCOLD's cutting-edge design-build solutions deliver efficiency, durability, and unparalleled design.

ISSQUARED Inc. Accelerates Growth with Strategic Acquisition of CCT Technologies Inc./ComputerLand Silicon Valley

Retrieved on: 
Monday, May 6, 2024

LOS ANGELES, May 6, 2024 /PRNewswire/ -- ISSQUARED® Inc., an IT and cybersecurity solutions provider supporting Fortune 500, mid-enterprise and state, city/local and educational organizations with comprehensive offerings in cybersecurity, identity and access management, cloud infrastructure, edge, AI and managed services, today announced the acquisition of CCT Technologies Inc. (ComputerLand Silicon Valley), completed on May 1. CCT is based in San Jose, California, and delivers high-quality IT solutions to government, higher education and commercial clients in Northern California. CCT has strong practices in software and solution sales through three decades of focused growth in the region.

Key Points: 
  • CCT has strong practices in software and solution sales through three decades of focused growth in the region.
  • "This acquisition represents an important step for ISSQUARED as we solidify our position as a comprehensive technology products and solutions provider," said Bala Ramaiah , CEO and founder of ISSQUARED.
  • "CCT Technologies has a rich legacy of providing unbeatable value and tailored IT solutions that enable our customers to achieve their unique business objectives," said Connie Tang, CEO of CCT Technologies.
  • The acquisition of CCT by ISSQUARED marks its third acquisition, following its purchase of Network Computing Architects in 2019 and Starnet Data Design in 2018.

HOVR Announces New On-Demand Rideshare Service Designed To Address The #1 Issue In The Industry Today, Driver Dissatisfaction And Need For Higher Pay

Retrieved on: 
Thursday, May 2, 2024

TORONTO, May 2, 2024 /PRNewswire-PRWeb/ -- HOVR, the new on-demand rideshare service, announces the official launch of its business on May 2, 2024 servicing Toronto and the Greater Toronto Area (GTA). The start-up company's innovative business model features a driver-based subscription plan, state-of-the-art mobile app, top cyber security encryption, and a safe ride experience where Drivers Earn More and Riders Pay Less.

Key Points: 
  • HOVR announces its new on-demand rideshare service now available in Toronto ON, and the Greater Toronto Area (GTA).
  • TORONTO, May 2, 2024 /PRNewswire-PRWeb/ -- HOVR, the new on-demand rideshare service, announces the official launch of its business on May 2, 2024 servicing Toronto and the Greater Toronto Area (GTA).
  • "Our mission at HOVR is to create a fair and equitable rideshare service for both drivers and riders," said the company's Founder and CEO Harrison Amit.
  • "Our mission at HOVR is to create a fair and equitable rideshare service for both drivers and riders," said the company's Founder and CEO Harrison Amit.

Official handover of the Kashengeneck School built with the help of Kambov Mining of CNMC

Retrieved on: 
Thursday, May 2, 2024

BEIJING, May 2, 2024 /PRNewswire/ -- Recently, the Kashengeneck School, which was built by the Kambov Mining of CNMC, was officially handed over to the local government.

Key Points: 
  • BEIJING, May 2, 2024 /PRNewswire/ -- Recently, the Kashengeneck School, which was built by the Kambov Mining of CNMC, was officially handed over to the local government.
  • The Kashengenek School is located in the village of Kashengenek, Kambowe Township, Likasi City, Upper Katanga Province, Democratic Republic of the Congo.
  • Together with the construction party and the supervision party, Kambov Mining has attached great importance to the construction safety and quality in the process of implementation.
  • With unremitting efforts of nearly 5 months, schools and villagers' public wells were very well established.

Technical Safety BC announces the appointment of three new Board Directors

Retrieved on: 
Tuesday, April 30, 2024

Their diverse wealth of knowledge and expertise will be invaluable as our organization continues to advance its strategy in our 20th year as an independent safety regulator," said Technical Safety BC Board Chair, George Abbott.

Key Points: 
  • Their diverse wealth of knowledge and expertise will be invaluable as our organization continues to advance its strategy in our 20th year as an independent safety regulator," said Technical Safety BC Board Chair, George Abbott.
  • Technical Safety BC would like to thank outgoing directors David Guscott, Nancy Olewiler, and Gail Stephens for their contribution to safety and effective governance.
  • Technical Safety BC is governed by a board of 12 directors that provides oversight and ensures safety, transparency, and collaboration in their practices.
  • To find out more about Technical Safety BC's Board of Directors, visit: https://www.technicalsafetybc.ca/about/board-directors .

U.S. Rep. Horsford and FHLBank San Francisco Celebrate Grand Opening of Affordable Housing Project in Rural Nevada

Retrieved on: 
Wednesday, April 24, 2024

Grant funding was awarded through a partnership with FHLBank San Francisco’s member institution, Pacific Premier Bank, and Nevada Rural Housing Authority, the mission-driven housing finance agency that developed Hafen Village Apartments.

Key Points: 
  • Grant funding was awarded through a partnership with FHLBank San Francisco’s member institution, Pacific Premier Bank, and Nevada Rural Housing Authority, the mission-driven housing finance agency that developed Hafen Village Apartments.
  • In the inaugural year of its AHP Nevada Targeted Fund, FHLBank San Francisco awarded $4.8 million to Nevada-based affordable housing groups to create or rehabilitate more than 260 affordable housing units.
  • In addition to the Nevada Targeted Fund, FHLBank San Francisco has allocated $850,000 to help the Nevada Housing Coalition build capacity for affordable housing development through enhanced training and technical assistance programs aimed at expanding housing options for Nevadans.
  • “Partnerships with FHLBank San Francisco and Nevada Rural Housing Authority are integral to our Bank’s commitment to addressing daily challenges within our communities.”
    Hafen Village, managed by Blue Bird Property LLC, joins Nevada Rural Housing Authority’s portfolio of 13 affordable housing communities located throughout the rural and frontier parts of the state.