Lear Named One of FORTUNE’S 2021 Most Admired Companies

SOUTHFIELD, Mich., Feb. 3, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, has been named to FORTUNE magazine’s «World’s Most Admired Companies» list for the fifth consecutive year.

SOUTHFIELD, Mich., Feb. 3, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, has been named to FORTUNE magazine’s «World’s Most Admired Companies» list for the fifth consecutive year.

Lear was awarded fourth place overall in the Motor Vehicle Parts category – the highest ranking for a U.S.-based automotive supplier.

«Receiving this accolade once again is a tremendous tribute to our diverse team and inclusive culture,» said Ray Scott, Lear President and CEO. «Their commitment to operational excellence, bringing innovative solutions to our customers and fostering an inclusive culture are the reasons for our success. We pride ourselves on working as a team, understanding our customers’ needs, supporting local communities and driving long-term profitable growth.»

In 2020, Lear took several actions to support these objectives, including:

  • Creating the Safe Work Playbook in response to the COVID-19 pandemic. Lear shared the 80-plus page document publicly to help other companies reestablish a workplace where employees feel comfortable performing their jobs safely, resulting in more than 35,000 downloads.
  • Adding production capacity to produce more than 10 million face masks for first responders, front line workers, non-profits, local communities and its employees.
  • Announcing several new environmental goals, including aspiring to achieve net zero carbon emissions by 2050, and planning to use 100% renewable energy at the company’s manufacturing facilities while reducing carbon emissions by 50% by 2030.
  • Joining the United Nations Global Compact, the world’s largest corporate responsibility initiative.
  • Being honored as a diversity-focused company by Corp! Magazine.
  • Receiving two J.D. Power 2020 U.S. Seat Quality and Satisfaction StudySM awards, sweeping the mass market car categories
  • Winning an Automotive News 2020 PACE Award for the innovative in-vehicle commerce platform Xevo Market.

In collaboration with global management consulting firm Korn Ferry, FORTUNE compiled its annual list after surveying 3,820 executives, directors, and analysts from 670 global companies in 52 industry groups about corporate reputation.

Respondents ranked the reputations of companies based on nine factors, including management and leadership quality, product and service quality, innovation, social responsibility, global competitiveness and value as a long-term investment.

About Lear Corporation
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Our diverse team of talented employees in 39 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 166 on the Fortune 500. Further information about Lear is available at lear.com, or follow us on Twitter @LearCorporation.

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SOURCE Lear Corporation

Global Airport Passenger Flow Market Report 2020: COVID-19 Pandemic Will Accelerate Digital Transformation Projects Related to Passenger Experience, With Self-Service Becoming a Priority

DUBLIN, Feb. 3, 2021 /PRNewswire/ — The «Global Airport Passenger…

DUBLIN, Feb. 3, 2021 /PRNewswire/ — The «Global Airport Passenger Flow Market 2020 – Managing Passenger Traffic Amidst Infrastructure Constraints is Driving Growth» report has been added to ResearchAndMarkets.com’s offering.

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Passenger flow management includes digital solutions that airports use to ensure a seamless passenger experience across touchpoints, reduce wait times, and increase dwell times to improve airports’ non-aeronautical revenue.

Airports had been experiencing an increase in passenger traffic until the COVID-19 pandemic roiled the travel industry. The pandemic will accelerate digital transformation projects related to passenger experience, with self-service becoming a priority. Airports’ spending capacity declined in 2020 because of travel restrictions in place around the world; private airports that tended to be early adopters of passenger flow management solutions were among those most affected.

Regulations focused on passenger data security and integrity will be a challenge for the development and implementation of passenger flow management solutions. Internet of Things technologies will drive market growth, but a concern is that the implementation of sensors on a large scale increases the number of entry points for cyberattacks that could disrupt airport operations.

The majority of solution providers in the market are small companies. The market is still in a nascent stage, even though major Tier I private airports have had some sort of rudimentary passenger flow solutions in-house for some time. Integration of solutions into legacy airport information technology infrastructure will be a complex task, so partnering with mature airport technology vendors will help solution providers in this process and allow them to gain entry to multiple airports.

Key Topics Covered:

1. Strategic Imperatives

  • Why Is It Increasingly Difficult to Grow?
  • The Strategic Imperative
  • The Impact of the Top Three Strategic Imperatives on the Airport Information Technology Market
  • Growth Opportunities Fuel the Growth Pipeline Engine

2. Executive Summary

  • Key Findings
  • CEO’s Perspective

3. Growth Opportunity Analysis

  • Scope of Analysis
  • Roles and Responsibilities in Airport Passenger Flow Management
  • Stakeholder Roles in Airport Passenger Flow Management Ecosystem
  • Market Segmentation
  • Passenger Queue Management
  • Passenger Detection and Tracking Management
  • Mobility and Location-based Service Platforms
  • Key Competitors
  • Growth Metrics
  • Growth Drivers
  • Growth Driver Analysis
  • Growth Restraints
  • Growth Restraint Analysis
  • Forecast Considerations
  • Revenue Forecast
  • Revenue Forecast Discussion
  • Revenue Forecast by Industry Vertical
  • Revenue Forecast Analysis by Industry Vertical
  • Revenue Forecast by Region
  • Revenue Forecast by Region Discussion
  • Revenue Share
  • Competitive Factors and Assessment
  • Competitive Environment

4. COVID-19 – Impact of the Pandemic

  • Prolonged Crises will Lead to High Levels of Uncertainty Restricting Travel and Global Economy Strength
  • Stakeholders Aim to Reduce Physical Contact at All Touchpoints
  • COVID-19 Impact on Airports – Future Outlook

5. Market Trends

  • Growing Demand Leading to Infrastructure Constraint
  • Digitalization of Airports
  • Data Protection and Privacy Regulations

6. Technology Trends

  • Internet of Things will Play a Major Role in Tracking Passenger Clusters in a Post-COVID-19 World
  • Passenger Self-Service Eliminating Queues and Ensuring Contactless Experience across Touchpoints
  • Cybersecurity
  • Blockchain Single Source of Identity for Passenger will Enhance Security and Passenger Processing
  • 5G Communication will Escalate Internet of Things and Self-Service Capabilities
  • Case Studies – Key Technologies

7. Vendor Profiles

  • Vendors are Pursuing Deals to Strengthen Product Portfolios
  • Competitor Profile – Veovo
  • Competitor Profile – SITA
  • Competitor Profile – Xovis
  • Competitor Profile – Foxstream

8. Growth Opportunity Analysis, North America

  • Growth Metrics
  • Revenue Forecast
  • Revenue Forecast by Vertical

9. Growth Opportunity Analysis, Europe

10. Growth Opportunity Analysis, Asia-Pacific

11. Growth Opportunity Analysis, Middle East

12. Growth Opportunity Analysis, Latin America

13. Growth Opportunity Universe

  • Growth Opportunity 1 – Focus on Passenger Flow Automation
  • Growth Opportunity 2 – Focus on Data Sharing and Cybersecurity Capabilities

14. The Last Word

  • The Last Word – Three Big Predictions

15. Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/txs4pq

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

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Bosch and Mitchell Introduce New Target System for Static ADAS Calibration

SAN DIEGO, Feb. 3, 2021 /PRNewswire/ — Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and <a target="_blank"…

SAN DIEGO, Feb. 3, 2021 /PRNewswire/ — Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and Collision Repair industries, and Bosch Automotive Service Solutions, a leading global supplier of technology and services, today announced the availability of the MD-TS21. The new computer-based target system is designed to allow repair facilities to quickly and precisely calibrate front-facing cameras, blind-spot monitors and radar sensors in popular automobile models with ADAS.

The MD-TS21 uses Bosch’s best-in-class vehicle coverage, patented technology and industrial-grade digital cameras to automatically measure the distance and angles of targets in relation to the vehicle. With the help of guided lasers, technicians can easily adjust the target board and radar reflector positioning in minutes, without the need for plumb bobs, tape measures and mirrors. The system is controlled by the accompanying MD-500 wireless tablet and its positioning software that features an intuitive user interface designed to reduce errors and improve calibration efficiency. This helps maintain a high level of precision while decreasing labor time, providing additional support for proper, safe repair.

«Right now we outsource all of our ADAS calibration work,» said Mike Rosanova, director of operations for Collision Repair Experts and Fix Auto Edmonton. «That increases cycle time, adds to our costs and can even lower customer satisfaction. With the MD-TS21, we can bring that work and the revenue it generates in-house.»

Together, the MD-TS21 and MD-500 deliver a complete solution for diagnostic scanning, static and dynamic calibration, and repair blueprinting. In October, Bosch and Mitchell announced the launch of the MD-500. The wireless tablet combines Bosch’s market-leading hardware and diagnostics expertise with the mobility of Mitchell’s cloud-based software—including Mitchell Cloud Estimating and its Integrated Repair Procedures. Repair planners can use it to perform pre- and post-scans, write estimates, take photos, link directly to OEM repair procedures from Diagnostic Trouble Codes (DTCs), and automatically upload pre-scan, post-scan and calibration reports.

«Automobile complexity continues to increase, making static and dynamic calibration essential,» said Michael Simon, director of strategic accounts at Bosch Automotive Service Solutions. «Through our collaboration with Mitchell, we’ve brought to market innovative diagnostic tools that aid technicians in the efficient, accurate and safe repair of collision-damaged vehicles.»

Once the calibration is complete, Mitchell’s new calibration report is automatically attached to the job in Mitchell Connect. The report can then be shared electronically with vehicle owners or insurance carriers to expedite payment, while also providing the essential artifacts to properly document the repair.

«The MD-TS21, MD-500 and Mitchell’s cloud-based solutions were created to help repairers exceed customer expectations, enhance profitability and safely return vehicle owners to the road,» said Jack Rozint, senior vice president of repair sales at Mitchell. «Other systems may take 20 minutes or more to set up. They may also require extra manual work and specialized training for each vehicle model. The MD-TS21 target system is intended to streamline the calibration process, guiding technicians through each step on the MD-500. In addition, the system’s digital cameras quickly align the targets—making it possible for even new users to efficiently and accurately perform all three main types of static calibration using targets, mats or mirrors.»

Facilities interested in ordering the MD-TS21 and MD-500 or learning more can visit the Mitchell website.

To receive collision repair and property casualty updates and perspectives, follow Mitchell on Twitter @MitchellRepair and @MitchellClaims.

About Bosch
The Bosch Group is a leading global supplier of technology and services. It employs roughly 400,000 associates worldwide (as of December 31, 2019). The company generated sales of 77.7 billion euros in 2019. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is «Invented for life.» The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. Bosch employs some 72,600 associates in research and development at 126 locations across the globe, as well as roughly 30,000 software engineers.

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as «Workshop for Precision Mechanics and Electrical Engineering.» The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by the Bosch family, by a corporation owned by the family, and by Robert Bosch GmbH. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, and industrial trust. The entrepreneurial ownership functions are carried out by the trust.

Additional information is available online at www.bosch.comwww.iot.bosch.com
www.bosch-press.comwww.twitter.com/BoschPresse.  

About Bosch Automotive Aftermarket
Bosch Automotive Aftermarket division (AA) provides aftermarket and repair shops worldwide with a complete range of diagnostic and repair shop equipment and a wide range of spare parts—from new and exchange parts to repair solutions—for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment, as well as aftermarket products and services developed and manufactured in-house. More than 18,000 associates in 150 countries, as well as a global logistics network, ensure that some 650,000 different spare parts reach customers quickly and on time. In its «Automotive Aftermarket Service Solutions» operations, Bosch AA supplies testing and repair shop technology, diagnostic software, service training, and information services. In addition, the division is responsible for the Bosch Car Service, one of the world’s largest networks of independent repair shops, with some 20,000 workshops.

About Mitchell International
Headquartered in San Diego, Calif., Mitchell International, Inc. delivers smart technology solutions and services to the auto insurance, collision repair, disability and workers’ compensation markets. Through deep industry expertise, connections throughout the insurance ecosystem and advanced technology such as artificial intelligence, extended reality and cloud-based solutions, Mitchell enables its customers and clients to succeed in today’s ever-changing environment. Each month, Mitchell processes tens of millions of transactions for more than 300 insurance providers, 20,000 collision repair facilities and 70,000 pharmacies. Its comprehensive solution and service portfolio empowers clients to restore lives after a challenging event.

Mitchell, Genex and Coventry have recently aligned their joint industry expertise and advanced technology solutions into a combined organization of more than 6,000 associates committed to simplifying and optimizing property, casualty and disability claims processes and services.

For more information, please visit www.mitchell.com.

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SOURCE Mitchell International

Caesars Palace to Introduce Stadia Bar

LAS VEGAS, Feb. 3, 2021 /PRNewswire/ — Caesars Palace is proud to announce the all-new Stadia Bar, anticipated to debut spring of 2021. Stadia will offer a next-level sports viewing experience with lavish amenities, numerous large HD TVs, a menu overflowing with high-end and unique cocktail selections and more. Guests can casually hang out or catch the big game in style with Stadia’s rentable spaces to create an intimate viewing experience for small groups.

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LAS VEGAS, Feb. 3, 2021 /PRNewswire/ — Caesars Palace is proud to announce the all-new Stadia Bar, anticipated to debut spring of 2021. Stadia will offer a next-level sports viewing experience with lavish amenities, numerous large HD TVs, a menu overflowing with high-end and unique cocktail selections and more. Guests can casually hang out or catch the big game in style with Stadia’s rentable spaces to create an intimate viewing experience for small groups.

**For high-res renderings, click here**

«Caesars Palace has a long-standing history in sports from hosting iconic events like the first outdoor hockey game to legendary boxing matches,» said Caesars Entertainment Regional President Gary Selesner. «Stadia, located at the busy Forum Shops entrance, is the embodiment of Caesars’ commitment to sports. It offers a comfortable yet luxe environment for fans to catch the action or wager on their favorite team or championship fight, as well as a state-of-the-art, stylish lounge space to experience beyond the game.»

The 120-seat bar and lounge will be a destination beyond game days, with its modern seating and craft cocktail menu. Stadia’s cocktail menu will feature an array of unique curated selections and an impressive list of highly allocated supreme spirits. These sought-after brands are so rare, they are only available for purchase once a year, with the entire state receiving less than a case. Some of these include Kentucky Owl 10 Year Rye, Pappy Van Winkle 13 Year Rye, Elmer T. Lee 100 Year Tribute and more. Stadia will also carry signature blends of whiskey that are purchased by the barrel, providing guests a one-of-a-kind flavor profile that can only be tasted at Caesars Palace. Food items will also be available via mobile ordering.

Designed by the award-winning global architecture and design firm Rockwell Group, the all-new 2,186-square-foot sports hub will feature the excitement, drama and grandeur of being seated in a live sports arena. Guests can choose to rise above the frenzy and sit at the elevated bar or reserve one of the five VIP leather-wrapped domes, exclusively designed for Stadia Bar. Each dome creates the feeling of sitting within a vintage leather football helmet and gives guests an intimate viewing area with their own LED screen. The domes are lined with a metal mesh and artwork by San Francisco-based public artist and mural painter, Apexer. Guests will also notice sports-inspired design details such as net-like chandeliers, sconces that look like deconstructed baseballs and glove-like leather banquettes. Rockwell Group has previously designed several Caesars Palace venues such as the first Nobu Hotel, one of the largest Nobu restaurants in the world, OMNIA Nightclub and Montecristo Cigar Bar.

Replacing Slice Bar, Stadia will be located adjacent to the Forum Food Court and across from Vanderpump Cocktail Garden.

Stadia will implement Caesars Entertainment, Inc.’s («Caesars») new health and safety protocols, which enhance its existing plans and practices in these areas. All Caesars properties are focused on the well-being of Team Members, guests and the community, and continue to work to create an environment with high standards of sanitization and physical distancing practices. Among the enhanced health and safety protocols include more frequent cleaning and sanitization. Caesars has also implemented a health screening program for all employees. Team Members and guests are required to wear masks, which the Company makes available, at all Caesars properties.

About Caesars Palace
World-renowned Las Vegas resort and a Top 10 «Best U.S. Casino» by USA TODAY 10BEST Readers’ Choice, Caesars Palace features 3,980 hotel guest rooms and suites, including the all-new Palace Tower featuring 10 new luxury villas, the 182-room Nobu Hotel Caesars Palace and Forbes Star Award-winning The Laurel Collection by Caesars Palace. The 85-acre resort offers diverse dining options from the award-winning Bacchanal Buffet, to celebrity chef-branded restaurants, including Gordon Ramsay HELL’S KITCHEN and from Giada De Laurentiis, Pronto by Giada, as well as Bobby Flay’s new Italian restaurant concept, Amalfi, opening spring 2021, Vanderpump Cocktail Garden by restauranteur and television star Lisa Vanderpump, one of Nobu Matsuhisa’s largest Nobu Restaurant and Lounge, Restaurant Guy Savoy and MR CHOW. The resort also features nearly 130,000 square feet of casino space, including a recently renovated race and sports book boasting the largest screen on the Strip at 138 ft., a five-acre Garden of the Gods Pool Oasis, the luxurious Qua Baths & Spa, COLOR Salon, five wedding chapels and gardens, and the 75,000-square-foot OMNIA Nightclub with the top DJs such as Calvin Harris, Martin Garrix and Zedd. The 4,300-seat Colosseum, Billboard Magazine’s «Venue of the Decade: 2000 – 2009,» spotlights world-class entertainers including Usher, Sting, Keith Urban, Rod Stewart, Reba, Brooks & Dunn and Jerry Seinfeld. The Forum Shops at Caesars Palace showcases more than 160 boutiques and restaurants. Caesars Palace is operated by a subsidiary of Caesars Entertainment, Inc. (NASDAQ: CZR). For more information, please visit caesarspalace.com or the Caesars Entertainment Las Vegas media room. Find Caesars Palace on Facebook and follow on Twitter and Instagram.

 

 

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SOURCE Caesars Entertainment, Inc.

Local Chicago Wheelchair-Accessible Transportation Company Providing Sanitized Rides Amidst COVID-19 Pandemic

CHICAGO, Feb. 3, 2021 /PRNewswire-PRWeb/ — Despite the growing pandemic, locally-owned and operated transportation company BriteLift continues to provide wheelchair-accessible rides to patients all across the <span…

CHICAGO, Feb. 3, 2021 /PRNewswire-PRWeb/ — Despite the growing pandemic, locally-owned and operated transportation company BriteLift continues to provide wheelchair-accessible rides to patients all across the Chicago Metropolitan Area and surrounding areas (also expanded to South-East Wisconsin).

The Rosemont-based company says that they are doing all they can to assist in the growing fight to flatten the curve and slow down the rise of cases in the area, modifying their vehicles and facilities to cater to patients both positive of COVID-19 and patients suspected to be carrying the virus.

«About 30–35 cases a week», says BriteLift co-owner Steve Rapaport when asked about the number of passengers with suspected COVID-19 that they transport to and from local medical centers. Since wheelchair users may have underlying conditions and are at higher risk during the pandemic, safety and sanitation become more important than ever. At BriteLift, as part of their response to the pandemic, extra measures have been put in place to protect both drivers and passengers including plastic partitions, free supply of hand sanitizer and masks, high-standard disinfection of touchable surfaces after every ride, and thorough fogging sanitation.

The number of positive cases continues to rise in Illinois. Local health officials reported 3296 newly confirmed and probable cases on January 30, 2021, bringing the total number of known infections in the state alone to just over 1.13M and the statewide death toll to 21,253 since the early onset of the pandemic last year.

Igor Yavnoshan, a driver for BriteLift for over three years, shares his thoughts on driving professionally at this time saying that he understands the difficulties patients may go through and empathizes with his passengers as a major part of his job, especially those utilizing wheelchairs and mobility aids.

«It’s no different now. People still need healthcare today, maybe now more than ever,» says Yavnoshan. The 58-year-old began professionally driving in 2014. Yavnoshan has a personal connection to the disabled community. He was previously in a major car accident with his family that left him severely injured. After a successful surgery, he spent a month restricted to a wheelchair and going to rehabilitation, occasionally traveling from his home in Madison, Wisconsin to the local hospital. The experience in therapy, he recalled, was difficult and uncomfortable, having to be taken around in a wheelchair and eating with a straw because his jaw was wired shut. According to him, this event is a big influence on how he interacts with customers, and why he cares so much about their comfort as they ride with him. Yavnoshan, along with the other BriteLift drivers are specially trained and certified to provide extra assistance into buildings, helping passengers all the way into their destinations.

About BriteLift

Addressing the lack of transportation options for wheelchair users, BriteLift built their company on the foundation of giving wheelchair users back their freedom and independence through safe transportation. They have established a passionate team, as exemplified in Igor Yavnoshan, to make sure the disabled Chicago community is taken care of. According to them, the growing pandemic only strengthens their cause, giving them a newer sense of responsibility in their community.

For more information, call their 24/7 customer service at 847-792-1212, download the BriteLift App, or visit their website at BriteLift.com for reservations.

Media Contact

Eric Mulvin, BriteLift, 4803313742, eric@pac-biz.com

 

SOURCE BriteLift

Fintech Welcomes Over 300 MAPCO Express, Inc Locations

TAMPA, Fla., Feb. 3, 2021 /PRNewswire/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced that MAPCO Express, Inc has enrolled 336 of their convenience store locations. This partnership brings Fintech’s industry-leading automated beverage alcohol payments and data integration to MAPCO’s corporate locations across seven states.

TAMPA, Fla., Feb. 3, 2021 /PRNewswire/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced that MAPCO Express, Inc has enrolled 336 of their convenience store locations. This partnership brings Fintech’s industry-leading automated beverage alcohol payments and data integration to MAPCO’s corporate locations across seven states.

The selection of Fintech for beverage alcohol management comes from MAPCO’s short-and long-term goals to improve operational efficiency while also strengthening corporate visibility in the company’s beverage alcohol category. To ensure a successful rollout, Fintech worked diligently with MAPCO’s purchasing, finance, price book, and IT teams, as well as their distributor partners. Further, Fintech established a seamless alcohol invoice data integration into MAPCO’s back-office software, PDI Enterprise, to bring immediate and actionable data to the appropriate teams.

«The transition to Fintech has already given our teams the resources necessary to improve our beverage alcohol business. Fintech provides excellent communication and client support, and we look forward to a long, mutually-beneficial business partnership,» said Keith Slater, MAPCO CFO.

«We are proud to welcome MAPCO to our growing network of convenience store retailers utilizing Fintech’s profit-building platform. We remain committed to world-class service and are pleased to provide MAPCO with intuitive technology and data integration that will enhance operations as they continue to grow their business,» said Tad Phelps, Fintech CEO.

About MAPCO Express, Inc

The MAPCO team of more than 3,200 dedicated employees with a strong commitment to customer service delivers Convenience You Can TRUST® at more than 340 company-owned convenience and fuel retailing stores. Operating in Tennessee, Alabama, Georgia, Arkansas, Virginia, Kentucky and Mississippi, MAPCO stores offer a wide array of high-quality products and services. Customers can refresh and recharge with freshly brewed coffee, packaged snacks and drinks, high-quality fuel and special deals through the industry-leading MY Reward$ loyalty program. MAPCO and its subsidiaries also operate a fuel logistics business comprised of more than 100 tankers and a fuel wholesale and fleet group serving more than 125 accounts. MAPCO is a subsidiary of COPEC, a leading South America-based retail company.

About Fintech

Fintech is the leading business solutions provider of affordable technology built to simplify beverage alcohol management for any business, of any size, that sells alcohol. We empower retailers, distributors, and suppliers by automating essential manual processes and data insights associated with product catalog management, alcohol invoice payment, customer sales management, and industry data collection. With over 30 years of industry experience and unwavering dependability, Fintech delivers an immediate ROI to 650,000 business relationships nationwide. By simplifying the day-to-day functions necessary to protect and grow margins, teams can get back to doing what they do best – taking care of customers and growing their businesses. To learn more, visit www.fintech.com.

FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. is the owner of the trademark FINTECH, the Stylized F Logo, and several other trademarks and service marks, many of which are registered at the U.S. Patent and Trademark Office. The underlying software behind the services offered by FINANCIAL-INFORMATION-TECHNOLOGIES, LLC and content of this website are ©2020 FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. All rights reserved.

Contact: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com

Follow @Fintech on Facebook, Twitter, and LinkedIn

 

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SOURCE Fintech

WeatherTech’s Three Super Bowl Commercials Feature Made in America Focus

BOLINGBROOK, Ill., Feb. 3, 2021 /PRNewswire-PRWeb/ — WeatherTech, the leading manufacturer of premium automotive accessories, home and pet care products, will air three (two in-game, one 15 minutes prior to kickoff) new 30-second commercials during the CBS broadcast of Super Bowl LV, Feb. 7. This year marks the eighth time WeatherTech will advertise during the Big Game.

The first spot is titled «WeatherTech Family» and is scheduled to air in the second quarter of…

BOLINGBROOK, Ill., Feb. 3, 2021 /PRNewswire-PRWeb/ — WeatherTech, the leading manufacturer of premium automotive accessories, home and pet care products, will air three (two in-game, one 15 minutes prior to kickoff) new 30-second commercials during the CBS broadcast of Super Bowl LV, Feb. 7. This year marks the eighth time WeatherTech will advertise during the Big Game.

The first spot is titled «WeatherTech Family» and is scheduled to air in the second quarter of the game. In the spot, WeatherTech employees speak straight from the heart, sharing their pride in what it means to make premium automotive accessories in America and be a part of such an amazing company.

«This year we wanted to get back to our Made in America message,» David MacNeil, founder and CEO said. «Who better to deliver that message than our employees right here in our own production facilities in Bolingbrook, Illinois

The second spot is titled «We Never Left,» and it features WeatherTech employees explaining that WeatherTech products don’t come from overseas, and WeatherTech «won’t be moving production back to the States, because the truth is … we never left.» This ad will run in the second half of the game. Both commercials were produced by Pinnacle Advertising, Schaumburg, Illinois, and filmed in WeatherTech’s Bolingbrook facilities.

«We are a small company compared to the others who advertise on Super Bowl Sunday,» MacNeil said. «When we shoot our ads, we produce multiple versions to take advantage of economies so we can run them throughout the year. When I viewed the edited commercials, I really felt both of these spots needed to be shown during the Super Bowl to deliver our message on the world’s biggest advertising stage.

«It is a pleasure to feature our hard-working employees again this year. Our diverse workforce is the backbone of the company. They take pride in what they do, and it shows in our end product. It is a pleasure to make them a part of our marketing campaigns to share their pride in workmanship with the Super Bowl audience.»

WeatherTech will air a third new 30-second commercial during the Pre-Kick segment of the Pre-Game Show. The spot titled «Super Mom» features four WeatherTech products: CupFone®, DeskFoneTM, MirrorFone and Tablet Holder. These products provide the best way to hold a mobile phone and tablet. The WeatherTech CupFone® secures your phone in your vehicle for easy hands-free use and viewing of GPS maps so drivers can focus on the road. The DeskFoneTM makes mobile phones easy to use while working at home, in the office or in the kitchen. MirrorFone and Tablet Holder are two brand new devices to further demonstrate how WeatherTech continues to provide products that help in everyday life.

«We are taking full advantage of the Super Bowl audience,» MacNeil explained. «There is no other opportunity that matches what the Super Bowl delivers in terms of audience for our products. We are investing in this opportunity as it has paid off for us the past seven years, that is why we have decided to run two in-game spots as well as another commercial in the pre-game show featuring our newest offerings.»

Super Bowl LV features the Tampa Bay Buccaneers and the Kansas City Chiefs. It will kick off at 6:30 p.m. (ET), Feb. 7 at Raymond James Stadium in Tampa, Florida and will be televised on CBS.

WeatherTech «WeatherTech Family» Super Bowl Commercial 2021 –https://youtu.be/rF6Jjm5547k

WeatherTech «We Never Left» Super Bowl Commercial 2021 –https://youtu.be/R2Wkk-TDnRQ

WeatherTech «Super Mom: Super Bowl Commercial 2021-
https://youtu.be/o0o06JS-qgQ

About WeatherTech®
For decades, WeatherTech has delivered on its promise of quality and craftsmanship through a commitment to American-made auto, home and pet products. Globally renowned for its laser-measured FloorLiner™ and innovative CupFone®, the Bolingbook, IL headquartered company continues to push industry boundaries through superior design, engineering and international brand recognition. More information can be found at weathertech.com.

Media Contact

Kyle Chura, WeatherTech, +1 (248) 821-0468, kyle@kcapr.com

 

SOURCE WeatherTech

PMC Capital Acquires Specialty Engineering Firm UniversalPegasus International from Huntington Ingalls Industries, Inc.

LOS ANGELES, Feb. 3, 2021 /PRNewswire/ — PMC Capital Partners, LLC (PMC Capital) is back again on the acquisition trail after completing the buy-out of an award-winning multifunctional engineering design firm, UniversalPegasus International, Inc., of Huntington Ingalls Industries, Inc. (NYSE: HII). Headquartered in Houston, Texas, UniversalPegasus has a track record of delivering turnkey integrated engineering, procurement, and construction management (EPCM)…

LOS ANGELES, Feb. 3, 2021 /PRNewswire/ — PMC Capital Partners, LLC (PMC Capital) is back again on the acquisition trail after completing the buy-out of an award-winning multifunctional engineering design firm, UniversalPegasus International, Inc., of Huntington Ingalls Industries, Inc. (NYSE: HII). Headquartered in Houston, Texas, UniversalPegasus has a track record of delivering turnkey integrated engineering, procurement, and construction management (EPCM) solutions; ranked by Engineering News-Record (ENR) as No. 59 of the Top 500 Design Firms and among the top 10 in the petroleum sector. ENR’s list ranks public and private companies by its markets’ share of total revenue. Financial terms of the deal with HII were not disclosed.

«We are extremely excited to acquire UniversalPegasus International (UPI) and its amazing team of 600 professionals. Spearheaded by an impressive business leader in CEO, Tom Davison, the UPI team maintained record-level engineering design revenues during an economically crippling COVID-19 pandemic while building a backlog/pipeline of business that will continue to support future success. Acquiring UPI coincides with PMC Capital’s vision to acquire and support an elite technical staff of engineers who deliver first-class mission-critical business services to blue-chip customers,» said Chris Aye, Managing Partner of PMC Capital.

«UPI’s decades of record success delivering engineering, logistical, and construction management solutions captivated PMC Capital. Not only will PMC Capital support UPI in maintaining a high level of service for its clients — we look forward to building and exceeding UPI’s past accomplishments. We’re excited to partner with Tom and his team as we aggressively embark on a multifaceted growth strategy,» added Mr. Aye.

«UPI is the industry leader in project delivery and the employer of choice in the Houston and Calgary engineering markets. Our success stems from our strong company values and commitment to transparency. With PMC Capital behind us, UPI will continue to differentiate itself and outperform the competition as one of the few remaining independent oil and gas engineering companies. We expect to emerge from the pandemic in a strong financial position poised for double-digit growth,» said Tom Davison, CEO of UPI.

«We are pleased to have reached this agreement. PMC Capital is a great new home for UniversalPegasus International, its world-class people and services,» said Andy Green HII Executive Vice President and President of HII’s Technical Solutions division. «It will enable UPI to continue to flourish, ensuring the business remains at the forefront of innovation and customer service in the future.»

Ernst & Young Capital Advisors, LLC served as Huntington Ingalls Industries, Inc.’s exclusive financial advisor for the transaction. 

About UniversalPegasus International

UPI is a privately held company headquartered in Houston, with a strategically located office in Calgary, Canada, and currently employs close to 600 personnel.

UPI has provided a broad range of engineering and project management services to the energy industry for over 50 years. Whether onshore or offshore, from the wellhead to processing facilities to delivery points, UPI delivers the engineering, design, project management, survey, inspection and construction management personnel to move energy safely, reliably and efficiently to domestic and international marketplaces. Find out more at www.universalpegasus.com/.

About PMC Capital Partners, LLC 

Established in 2019, PMC Capital is on the path of becoming one of the fastest-growing private equity firms that invests in strategic opportunities where thought, operational resources and flexible capital can empower management teams to execute their business plans. PMC Capital currently owns and operates a portfolio of high-quality national and international businesses in the lower middle-market space, employing nearly 1,000 employees, with approximately $450M in combined annual revenues. With over 100 years of collective private equity experience, PMC Capital brings a successful track record of executing corporate carve-outs, recapitalizing balance sheets, acquiring founder-owned companies and completing bolt-ons. With a committed pool of capital backed by a family office, PMC Capital targets control equity investment opportunities in the business services, industrials, TMT, consumer and health care sectors. The nature of PMC Capital’s platform allows for a longer-term time horizon and a business-friendly approach to ownership transitions, divestitures and successions.

The firm is headquartered in Los Angeles, California. For more information, visit www.pmccapital.com

About Huntington Ingalls

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder at its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Employing more than 38,000 in Virginia, Mississippi, Louisiana and California, HII also provides a wide variety of products and services to the commercial energy industry and other government customers, including the Department of Energy. For more information, visit:

Contact

Chris Aye

Managing Partner, PMC Capital Partners, LLC

chris@pmccapital.com

 +1 818 896 1101

Related links

www.pmccapital.com

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SOURCE PMC Capital Partners, LLC

Granulate Raises $30 Million Series B to Boost Compute Performance and Slash Computing Costs for Any Company

TEL AVIV, Israel, Feb. 3, 2021 /PRNewswire/ — Granulate, a company providing an autonomous real-time computing workload optimization and cost reduction solution, today announced a $30 million Series B funding round, bringing the company’s total amount raised to $45 million. The round was led by Red Dot Capital Partners with the participation of existing investors Insight…

TEL AVIV, Israel, Feb. 3, 2021 /PRNewswire/ — Granulate, a company providing an autonomous real-time computing workload optimization and cost reduction solution, today announced a $30 million Series B funding round, bringing the company’s total amount raised to $45 million. The round was led by Red Dot Capital Partners with the participation of existing investors Insight Partners, TLV Partners, and Hetz Ventures. Dawn Capital also joined the round as a new investor. The Series B is Granulate’s second round of funding over the past ten months, as adoption of the company’s solution has more than tripled since the Series A.

Rising computing costs are a growing problem for companies of all sizes and from every industry. Granulate addresses this problem with its AI-driven solution that tailors workload prioritization for the unique needs of any company, reducing response times by up to 40% and driving a 5X increase in throughput. Functioning at the Operating System level, Granulate enables organizations to achieve at-scale workload performance, reducing costs by up to 60%. Designed to function in any computing infrastructure and environment, implementing Granulate is simple and fast, requiring zero code changes or R&D involvement, and results are seen within days, if not hours.

«Companies with increased computing resource needs have faced a simple trade-off – pay more or get by with less. Granulate lets companies do both: achieve much more with what they already have while paying less, gaining higher efficiency and margins,» said Asaf Ezra, Co-founder and CEO of Granulate. «In the wake of today’s challenging financial realities, we’ve seen a staggering increase in demand for our solution, which saves companies money, computing resources, and time. Optimized computing power means optimized business.»

Over the past 10 months, Granulate has experienced 360% new customer growth and 570% revenue growth, with the number of CPU cores under management rising by over 10X to over 300,000 cores. All told, Granulate has saved customers over 3 billion hours of core usage. Likewise, the rising adoption of Granulate’s optimization technology has led to a substantial reduction in computing energy needs, with over 15,000,000 pounds of carbon emissions saved.

«Granulate’s unique technology and impressive growth since their last funding round reflects a rising market demand for their game-changing optimization solution,» said Yaniv Stern, Managing Partner at Red Dot Capital Partners. «For companies facing rising infrastructure costs or focusing on operating cost reduction, Granulate offers a solution that can drive additional improvement regardless of any other solutions already deployed by their clients.»

«Granulate’s offering is unparalleled in the market, enabling companies to dramatically boost the performance of their cloud infrastructure whilst reducing costs. The business’s exceptional growth to date reflects both the accelerating customer demand and sophistication of their solution —infrastructure agnostic, with simple no-change-of-code implementation,» said Evgenia Plotnikova of Dawn Capital. «Cloud has won. As every company becomes a software company, Granulate represents a true revolution in the world of infrastructure that powers it all. We are hugely excited to see their journey ahead as the business continues to scale globally.»

«With the rapid adoption of usage-based public clouds, we’ve returned to a world – not unlike the mainframe era – where dramatic improvements in speed and efficiency of computing systems drop directly to the bottom line. This is particularly salient for companies that are rapidly digitizing their offerings in the midst of a global pandemic and the associated financial crisis, and this trend will continue far into the future,» said Lonne Jaffe, Managing Director at Insight Partners. «It’s hard to think of a company that won’t benefit from Granulate’s offering since it’s showing such significant performance and cost improvements across both sophisticated data and transactional workloads. Our increased investment is a testament to our excitement about Granulate’s market opportunity and momentum.»

About Granulate

Granulate is a real-time, autonomous computing optimization company that delivers reduced compute costs, faster response time, and better throughput, without any code changes required. Granulate’s patent-pending next-generation solution provides AI-driven, infrastructure and workload optimization for robust compute performance and cost improvements in any computing environment, empowering businesses of any size from any industry by bolstering their computing power while slashing computing costs. Companies that have implemented Granulate have reduced compute expenses by up to 60%, benefitting from a 40% response time reduction and 5X increase in throughput.

Granulate Contact:
Raanan Loew
Raanan@headline.media 
US: +1-347-897-9276

 

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SOURCE Granulate

Mobius Risk Group Joins IETA, Commits to Market-Based Climate Solutions

HOUSTON, Feb. 3, 2021 /PRNewswire/ — Mobius Risk Group affirms commitment to Environmental, Social, and Governance (ESG) practice and markets by joining the International Emissions Trading Association (IETA).

Armed with decades of…

HOUSTON, Feb. 3, 2021 /PRNewswire/ — Mobius Risk Group affirms commitment to Environmental, Social, and Governance (ESG) practice and markets by joining the International Emissions Trading Association (IETA).

Armed with decades of experience, a trove of data, market-leading analytics, and a proprietary C/ETRM, Mobius joins IETA alongside dozens of companies committed to market-based climate initiatives to advance the clean energy transition in a sensible and scalable way. 

«We’re excited to be a member of an international group of business leaders taking bold steps to nurture carbon markets and pricing as a market-based solution to climate change,» says Eric Melvin, CEO at Mobius Risk Group.

Solving the climate crisis requires innovation, transparency, and capital allocation towards projects and initiatives that provide the highest value from an environmental and financial perspective. Mobius Risk Group’s proprietary C/ETRM, RiskNet, provides clients visibility into their real-time carbon footprint, credit/REC/offset portfolio position, and market pricing, organized down by compliance regime, vintage, registry, and project type. With intuitive visualization tools, mobile access, and analytics informed by Mobius’ 20-year track record in energy and commodities markets, the risk advisory firm is poised to play a pivotal role in improving today’s environmental markets’ credibility and functionality. 

ABOUT MOBIUS RISK GROUP

Mobius Risk Group, LLC is an independent, international commodity and physical energy risk advisory firm. Founded in 2002, Mobius provides strategic advisory services including financial, physical, and commodity risk management and valuation, carbon strategy development, and regulated energy oversight for producers, consumers, distributors and capital providers backed by its proprietary C/ETRM, RiskNet. RiskNet connects an entire organization with a single, comprehensive, controlled data source to drive more effective strategic decision-making amid volatile market changes. RiskNet is available as a mobile and tablet app to support seamless, streamlined decision making, even when teams are distributed or remote. 

ABOUT IETA

The International Emissions Trading Association (IETA) is a non-profit business organization created in June 1999 to establish a functional international framework for trading in greenhouse gas emission reductions. Membership includes leading international companies from across the carbon trading cycle. IETA members seek to develop an emissions trading regime that results in real and verifiable greenhouse gas emission reductions while balancing economic efficiency with environmental integrity and social equity. 

Contact:
Nicole Denise
mobius@callmargo.com
971-413-8337

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SOURCE Mobius Risk Group