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Vertical Field signs agreement for Vertical Farms deployments in Ukraine

– National distributor, Moderntrendo S.R.O, will promote Vertical Field for nationwide FaaS deployments with initial pilot with Varus Supermarkets

RA’ANANA, Israel, Jan. 6, 2021 /PRNewswire/ — Vertical Field, an innovative agtech company that specializes in vertical farming, has signed an agreement with Moderntrendo S.R.O, one of the largest agricultural distributors in Ukraine, for a promotion of nationwide deployments of vertical farms. Vertical Field will conduct an initial pilot at Varus, one of the biggest national supermarket chains in the country, in early 2021 before expanding to other chains. Varus operates 95 stores across 25 cities and attracts approximately 260,000 customers daily.

Vertical Field has developed and commercialized unique soil-based vertical farms in containers that produce locally sourced vegetables. These indoor farms are capable of growing a variety of fresh greens and other vegetables through the company’s proprietary technology. Vertical Field’s farms therefore offer a unique on-site service for local supermarkets, restaurants, outdoor markets and distribution centers.

Vertical Field customers benefit from advanced farming that produces pesticide-free and exceptionally fresh vegetables. Vertical Field’s technology is more efficient and generates less waste than conventional agriculture, utilizing 90% less water, while growing precise quantities in a controlled environment, and achieving shorter growing cycles. The Company offers 365 days a year ‘in season’ produce regardless of geography, physical location, weather and climate conditions, with consistently high product quality. The farms are modular, expandable, and moveable, with fully automated crop management, and a sterile environment that requires significantly less human contact. The crops that are currently offered include: lettuce, basil, parsley, kale, mint and others, sold at highly competitive prices.

Guy Elitzur, the CEO of Vertical Field, said, «We are extremely excited about our partnership with Moderntrendo S.R.O which has led to the project with Varus and will lead to more projects in the near future with more chains in Ukraine. One of the realizations that have surfaced during the COVID-19 crisis is the need to develop solutions that allow urban residents access to healthy food, with minimal human handling and without depending on transportation and shipping from remote locations. We are delighted to be able to provide- and expand access to- healthy, and high-quality vegetables grown right outside the consumer’s door.»

Bondar Denis, Director Moderntrendo SRO, said, «Today, we are creating a pilot project together with Vertical Field, which in the future will only benefit society, because the introduction of innovative and proprietary technologies for vertical cultivation of products for the urban ecosystem by Vertical Field is a new level in the Ukrainian market.»

About Vertical Field:

Vertical Field is an agtech company that develops innovative & proprietary vertical growing technologies for the urban ecosystem. Established in 2006, Vertical Field developed soil-based vertical growing systems that make the most efficient use of urban spaces- indoors and outdoors- for both agricultural and smart landscaping purposes. Vertical Field’s integrative solutions include two sectors: Vertical Farming & Smart Landscaping. The company is operated by professionals, agronomists, researchers, and a multi-disciplinary team, enabling the development of smart plant-based solutions that combine the best of design and manufacturing, smart computerized monitoring, soil-based technology, water and lighting technology and more.

About Moderntrendo S.R.O:

The company holds a leading position in the supply of products in Turkey, Eastern Europe and Asia. The main activity of the company is focused on rapeseed, corn, soybean and sunflower vegetable oils. A well-proven, complex business model aligned with local manufacturing technology and based on senior management expertise, together with advanced management technology and employee professionalism, is becoming a key factor in the organization’s success. The company sets and maintains high business standards to ensure transparency and minimize risks. We strive to make our products the benchmark for quality. We are guided by the needs and values of our customers and partners. We rely on the professionalism and high potential of our employees, and also adhere to the principles of technology.

For further information, please visit: https://www.verticalfield.com

Media Contacts
Noa Winston
Director of Marketing
T. +972-52-3406321
M. noaw@verticalfield.com
O. +972-74-7000911 (ext. 0917)

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SOURCE Vertical Field

SmartRent Announces Alloy Parking: The Smart Parking Management System for Property Owners

SCOTTSDALE, Ariz., Jan. 6, 2021 /PRNewswire/ — SmartRent, a provider of smart home automation for property owners, managers, developers and residents, today announced its new smart parking management system, Alloy Parking. The system introduces new features that leverage the latest IoT technology to streamline the parking space management process for multifamily site teams, while increasing revenue by monetizing underutilized spaces.

The increase in car ownership is driving the demand for better parking solutions as residents forego public transit and purchase cars for the first time — especially in urban areas. At the same time, residents are turning to micro-mobility alternatives like motorcycles, bikes and e-scooters. Even though cities are loosening their parking ratio requirements for new construction, the majority of existing apartments are built on antiquated needs. This creates challenges for property owners who need to optimize — and monetize — their leased and guest parking for new, unpredictable shifts in travel patterns and vehicle ownership.

«As property managers adapt to dynamic trends in car ownership and mobility, they can no longer rely on outdated parking models with ATM-style machines and unused spaces,» said Lucas Haldeman, CEO and Co-founder of SmartRent. «Alloy Parking modernizes the parking model in a time when both residents and property owners want smarter solutions. We saw the need for a seamless software interface that reacts to parking needs in real time, making the parking experience frictionless for residents and flexible for managers.»

To overhaul the cumbersome parking process and enable property owners to make the best use of their parking spaces, Alloy Parking includes features that address key pain points and opportunities:

Create a single source of truth and management for all parking facilities: Property owners and operators today typically have inconsistent inventories and fragmented solutions throughout their portfolio. Alloy Parking solves for this by acting as a single source of truth, with one system that maximizes all parking-related revenue.

Proactively manage resident parking: From insufficient parking to unauthorized vehicles on property, resident parking is a major pain point. Alloy Parking uses IoT sensors to monitor spaces, automate enforcement and assign parking. Through an online portal, residents have access to their own parking management, which allows them to manage their vehicles, smart decals and see available parking spaces.

Monitor real-time parking availability: SmartRent partnered with real-estate visualization software Engrain to develop an interactive map, which creates a customized, geo-located visual representation of a community’s parking inventory. This provides staff, residents and guests with rich visualization of space location and real-time availability.

Optimize revenue: Managers can dynamically adjust pricing for guest parking according to desirability and demand. Additionally, when there is an excess of underutilized assigned parking, owners can easily monetize those spaces by shifting them to guest spaces that generate revenue instead of sitting empty.

Automate access to garages or gated lots: If combined with SmartRent’s Alloy Access system, when residents are moved into the property management system, the integration will automatically assign mobile credentials to the appropriate parking garages or gated lots. This enables residents to remotely move in without having to meet a manager on move-in day.

Alloy Parking is fully compatible with SmartRent’s Community Manager platform, helping properties manage parking from one easy-to-use platform. In addition to Alloy Parking, SmartRent offers a range of connected, brand-agnostic solutions designed to give multifamily property owners, managers and residents more efficiency, convenience and security protection across their property. Solutions include the Alloy Fusion all-in-one touchscreen hub and thermostat, the newly launched Alloy Access for access control, and self-guided tours. Today, companies like Essex Property Trust, MAA and Aimco use SmartRent to connect, automate, protect and manage tens of thousands of housing units nationwide.

Alloy Parking is available now. To learn more, contact SmartRent here.

For additional information, contact:
Alex Gnibus
Inkhouse for SmartRent
760-845-5399
smartrent@inkhouse.com

About SmartRent
Founded in 2017, SmartRent is an enterprise smart home automation platform company for property managers and renters. The SmartRent solution is designed to provide property managers with seamless visibility and control over all their assets while delivering additional revenue opportunities through all-in-one home control offerings for residents. For more information please visit smartrent.com.

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SOURCE SmartRent

Hotel Henry Urban Resort Conference Center Salutes Maestro PMS Ease of Use, Service and Support

MARKHAM, Ontario, Jan. 6, 2021 /PRNewswire-PRWeb/ — In a post pandemic world, only the most service-oriented businesses will survive. Putting customers first, nurturing empathy, being proactive, prioritizing communications, boosting training, and practicing patience must be the fundamental ingredients of a customer service culture in the new normal. It is those components that Umit Uyghur, director of rooms and regional director of revenue and optimization at the Hotel Henry Urban Resort and Conference Center, said he values from Maestro. The national historic landmark is leveraging Maestro’s cloud-based property-management system to support guests enjoying the popular lodging and convention destination.

«Maestro PMS is one of the BEST property-management systems I have ever used — and throughout my hotel career, there have been many,» Uyghur said. «What I especially appreciate is the Diamond Plus service provided by their entire team. Whenever I call the support line (for instance when a special rate does not pop up on an OTA site) they greet me by name as if I were a friend or family member and help me with the fix instantly. As director of rooms and regional director of revenue and optimization, I cannot afford to wait 24 hours to get the data I need. With Maestro, there’s simply no waiting; they are available 24/7 — even during a pandemic. It’s amazing.

«Also, in my role I touch every aspect of the Maestro PMS, from front-desk and revenue-management to accounting, yield and rate-management,» he said. «The system is not complicated like other PMS solutions; it’s user friendly and so easy to learn by just following the online training tools and watching the tutorials. As COVID-19 continues to linger on, we have to do more with less, and that includes requiring staff to assume new roles. Thanks to Maestro’s simplified training, things like building a custom promotional package, facilitating curbside check-in (that many of our guests prefer to put some distance between themselves and staff or other guests), and curbside pick-up for our 100 Acres restaurant, has been a breeze to implement.»

Maestro’s cloud-hosted PMS features browser-only access deployed in a client dedicated environment. Software is deployed over the Internet and is managed by Maestro, along with system upgrades, backups and maintenance. In December 2020, Hotel Henry upgraded to Maestro PMS Version 5.5 that offers a curbside check-in tool utilizing mobile tablet devices to streamline registration and socially distance staff from guests and guests from each other; a web/mobile/kiosk/iPad self-check-in module with mobile key integration; express mobile check-out; electronic registration card with signature capture; mobile spa provider schedule; mobile intake and waiver forms; and eSignature document management to limit staff interaction with guests and remove high-touch physical documents. Staff also benefit from a mobile housekeeping app that protects staff by controlling the availability of rooms and optionally setting a 48-hour time gap between the time a guest departs and the next guest arrives. Version 5.5 also includes mobile payment integration; mobile task management; and a Guest Engagement Measurement (GEM) tool that provides access to relevant guest feedback, intelligence and insights to encourage operational excellence, meaningful differentiation, and a sustainable competitive advantage.

«Maestro’s cloud solution is great,» Uyghur said. «I can manage revenues and access reports remotely without having to be on property. Whether I am at our sister hotel, Mansion on Delaware Avenue, or traveling to Europe, I have full control over my operation. It’s a truly modern solution that meets my rapidly changing demands. Now that both these properties have the latest version upgrade of Maestro, we can begin adding more of the contactless features to meet the safety demands of our guests.»

In April 2021, the Hotel Henry Urban Resort Conference Center will be rebranded as the Hotel Henry Buffalo, a Curio Collection by Hilton brand, and will automatically switch to the Hilton mandated PMS. Mansion on Delaware Avenue will remain with Maestro.

«Before we transition, I feel it’s important to share with my peers — especially those independent hotels looking to migrate to a new PMS provider in 2021 — the widespread success that we’ve had with the Maestro PMS; it’s a great system that I recommend highly,» Uyghur said.

Maestro President Warren Dehan had this to say: «We are delighted that Umit and management of both Hotel Henry and Mansion on Delaware Avenue are so pleased with the service and support provided by Maestro. It has been said that customer service should not be confined to a single department; rather it should transcend throughout the company culture. That’s how we operate here at Maestro. No matter the task, we will do whatever it takes to deliver Diamond Plus service in a functional, appropriate, useful, and reliable way. Our customers are family, and as such, we have their backs. As we navigate the new normal in this new year, Maestro is committed to maximizing operational efficiency and staff productivity backed by a 24/7 call center. We will continue to offer free version upgrades; on demand live one-on-one refresher training; in application live chat, online user guides, tutorials and direct email support; complimentary live learning webinars; an e-Learning user website; and professional productivity audits. Yes, we have great software, but our service culture is the real key to our success and the success of our customers.»

About Maestro
Maestro is the preferred cloud hosted and on-premises PMS solution for independent hotels, luxury resorts, conference centers, vacation rentals, and multi-property groups. Maestro’s PCI certified and EMV ready enterprise system offers 20+ integrated modules on a single database including touchless and mobile apps to increase profitability, drive direct bookings, centralize operations, and enable operators to engage guests with a safe and personalized experience. For over 43 years Maestro’s Diamond Plus Service has provided unparalleled 24/7 North American based support and education services to keep hospitality groups operational and productive. Click here for more information on Maestro. Click here to get your free PMS Buying guide.

Media Contact

Barbara Worcester, Maestro, 440-930-5770, barbw@prproconsulting.com

SOURCE Maestro

Modern Pumping Today Magazine Names HMD Kontro’s CSA/CSI Pumps to its 2020 List of Top Products

ARVADA, Colo., Jan. 6, 2021 /PRNewswire-PRWeb/ — Sundyne, a global leader in the design and manufacture of API-compliant centrifugal pumps and compressors today announced that Modern Pumping Today Magazine has named HMD Kontro’s modular and interchangeable CSA/CSI line of pumps to its 2020 Top Products list.

Earlier this year,…

Earlier this year, Sundyne’s HMD Kontro division updated the CSA/CSI sealless pump line with a number of enhancements that expand flow ranges and streamline the delivery of HMD Kontro pumps around the globe. HMD Kontro sealless pumps are specifically designed for handling high temperature, toxic, flammable, corrosive, carcinogenic and aggressive fluids. As a proven alternative to traditional sealed pumps, HMD Kontro sealless magnetic drive designs eliminate emissions and leaks, which can harm productivity, personnel and the environment.

«The staff at Modern Pumping Today takes a close look at new or newly enhanced pump technology and we examine products that best address the industry’s needs for efficiency, reliability and innovation,» said Modern Pumping Today’s Editor J. Campbell. «Recent enhancements to CSA/CSI pumps extend the value proposition for a proven pump that’s widely deployed around the globe. We’re pleased to add HMD Kontro’s sealless magnetic drive pumps to our list of Top Products.»

«Modern Pumping Today Magazine’s endorsement further validates the reputation of the CSA/CSI line for the chemical, petrochemical and general industrial markets,» said Sundyne’s Chief Commercial Office Colin Guppy. «The pump’s modular design makes it easier for our distributors to build exactly what our customers need, and get it to them faster, easier and less expensively. We thank Modern Pumping Today for recognizing these strengths, and we’re honored to be included in the 2020 Top Products list.»

Key Design Features for the CSA/CSI line include:

Interchangeable components – which increase flexibility and enable fewer pumps to handle a wider range of applications.
Full compliance with all ISO & ASME Standards.
Minimal lead time – modular design enables CSA/CSI pumps to be quoted, built & shipped quickly, anywhere around the globe.
Economical – no seals or support systems minimizes maintenance costs.
Safety – no potential leak points.
High efficiency hydraulics – for maximum flow / head coverage.
Robust design – unique containment shell enhances tolerance to system upsets.
Modular Rotating Element Cartridge – offers rapid & efficient replacement with minimal spare part inventory.

Pump users or distributors interested in learning more about the newly updated CSA/CSI range of Sealless Pumps can visit web.sundyne.com/cn/aukif/MPT2020 or contact info@hmdkontro.com for more details. For more on Modern Pumping Today Magazine’s Top Products feature, visit: https://modernpumpingtoday.com/2020-top-products/.

About Sundyne:
Headquartered in Arvada, Colorado with operations and presence in Europe, the Middle East, India, Asia, Japan and China, Sundyne is a leading manufacturer of precision-engineered highly reliable, safe, and efficient centrifugal pumps and compressors for use in hydrocarbon processing, chemical processing, power generation, industrial, and high-pressure water applications. Sundyne is the world leader in delivering low-flow, high-head integrally geared centrifugal pumps and compressors as well as a leader in the supply of safe and leakage-free sealless magnetic drive centrifugal pumps and diaphragm compressors. Sundyne pumps and compressors designs are compliant with the industry’s most stringent API, ANSI/ASME, and ISO standards. To learn more about the Sundyne family of precision-engineered pumps and compressors, please visit http://www.sundyne.com.

Media Contact

Todd J Keefe, For Immediate Release Public Relations, 6172621968, todd@firpr.com

SOURCE Sundyne

NEXE Innovations Provides Corporate Update and Outlook for 2021

VANCOUVER, BC, Jan. 6, 2021 /PRNewswire/ – NEXE Innovations Inc. (TSXV: NEXE) («NEXE» or the «Company»), a leader in plant-based materials science and advanced manufacturing technologies, is pleased to highlight our achievements in 2020, and to provide a 2021 outlook.

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Despite a year beset by challenges due to the COVID-19 pandemic, 2020 was a successful year for NEXE with numerous critical milestones reached. It is our intention to begin providing quarterly reports to our shareholders going forward, allowing investors to closely monitor our progress.

2020 Highlights:

Completion of Go-Public Transaction & Board of Directors Formation

In 2020, we completed, by way of reverse takeover, our qualifying transaction to become a publicly listed company on the TSX Venture Exchange. This major milestone was preceded by various brokered and non-brokered financings raising gross proceeds exceeding Cdn$20M over the past 12 months, a significant increase over the original capital raise target. In total, fundraising and government grants have brought in over Cdn$35M to NEXE since its inception in 2015.

Furthermore, we have strengthened our board of directors with the addition of three new independent members. This is consistent with best corporate governance practices as the majority of the board will be independent. The new members include Haytham Hodaly (Senior Vice President, Corporate Development of Wheaton Precious Metals Corp.), Killian Ruby (President and CEO of Malaspina Consultants Inc.) and Graham Gilley (Director of Enterprise Risk Management and Data Protection at a private academic institution). The new board brings decades of experience in corporate finance, public practice accounting and risk management. In addition, and to complement our board of directors, we have added key members to the advisory board, who bring unrivalled experience in product marketing, automation and finance.

Strengthening of IP Portfolio, Equipment Update, and Interest from CPG Players

A strong IP strategy is the foundation of our business. The Company has substantially strengthened its intellectual property («IP») portfolio in 2020. NEXE engaged a leading IP consulting firm to focus on our proprietary automation processes and materials technology within our pods. The IP firm had identified more than 20 possible patent applications that would further bolster NEXE’s competitive advantage, raise barriers to entry, and generate potential licensing revenue. We anticipate that any potential future licensing revenue will compliment capsule sales thereby diversifying our revenue streams. It will also safeguard us as we pursue other business lines and further leverage our innovation platform.

In early 2020, NEXE placed orders for custom-built high-speed automation to scale its NEXE Keurig-compatible («K-Cup») pod production capacity from 20 million annually toward capacity of up to 120 million pods/year. We expect our high-speed automation for our K-Cup-compatible to arrive and be commissioned by mid-2021. In addition, we have begun to commercialize our Nespresso-compatible initiative and expect high speed automation deliveries in Q2 of 2021. With all of key equipment anticipated to arrive at site through 2021, we will be able to scale our Nespresso and K-Cup-compatible pod production to a combined 220 million pods/year capacity. As equipment arrives, we will continue to improve supply chain efficiencies and reduce supply chain risk.

Finally, in 2020, NEXE received substantial inbound interest from large consumer packaged goods («CPG») companies who have avoided the single-serve beverage market due to sustainability concerns and see our technology as a sustainable entry point and solution. These discussions are ongoing as we look to bring our production facility online in 2021.

2021 Outlook:

In 2021, investors can expect an active year as we will primarily focus on commercialization of our plant-based capsule businesses and pursuing collaborations with leading CPG companies who have a shared ethos. We are also 100% committed to demonstrating the leverage of our innovation platform into new businesses which we believe will be a significant value driver going forward. In addition, our in-house IP team will continue to work with outside consultants to ensure that we are always expanding our IP portfolio and safeguarding every move we make. We will continue our efforts in engaging the various government entities who have been so supportive in our pursuit to tackle the elimination of single-use plastic waste.

We aim to commercialize our fully compostable capsules for use in Keurig Brewing Systems in the first half of 2021. We are also targeting the launch of our coffee capsules for use in Nespresso «original line» brewing systems by the second half of 2021. As we anticipate the arrival of our high-speed automation equipment and the start of commercialization, we are planning a major expansion of our production facility, both in terms of physical space and personnel, to satisfy the high level of demand we expect for our products. We continue to expand our personnel and believe our new hires are among the brightest minds in the space.

Finally, NEXE Innovations would like to wish a Happy New Year to all its stakeholders, team members and partners. Though last year was a challenging year for most, we are exceptionally proud of our team’s achievements in 2020 and look forward to an exciting and prosperous year ahead in 2021.

About NEXE Innovations Inc.

NEXE Innovations Inc. is an advanced materials innovator and leader in plant-based compostable technology based in British Columbia, Canada. The company has developed one of the only patented, fully compostable, plant-based, single-serve coffee pods for use in existing major single-serve coffee machines. The proprietary NEXE Pod is designed to reduce the significant environmental impact caused by single-serve pods (+40 billion plastic pods discarded every year). With over $35M raised (equity and government funding) to date and over five years of R&D, NEXE is well-positioned to meet the growing demand for environmentally friendly and sustainable products in the single-serve coffee sector and beyond.

For additional information, please contact:

Kelsey Letham, Investor Relations at 604-359-4731
or visit: nexeinnovations.com

Social Media

https://twitter.com/nexeinnovations
https://www.facebook.com/nexeinnovations
https://www.linkedin.com/company/nexeinnovations
https://www.instagram.com/nexeinnovations

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this release are forward-looking statements or information, which include the proposed use of proceeds, commercialization of the NEXE PODs, including the NEXE Nespresso Compatible Pod, and increase production capacity, create other environmentally friendly compostable packaging opportunities, development of technologies, the potential of the Company’s technology, future plans, regulatory approvals and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as «may», «expect», «estimate», «anticipate», «intend», «believe» and «continue» or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, the ability to enter into purchase orders for the sale of its products, consumer demand for and sentiment towards the Company’s products, security threats, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, litigation, increase in operating costs, the impact of COVID-19 or other viruses and diseases on the Company’s ability to operate, competition, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, filing of patent applications and grant of patents on its intellectual property, ability to generate licensing revenues from its intellectual property and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Nexe Innovations Inc.

New Found Gold Doubles Drill Program to 200,000 Meters and Increases to 8 Drill Rigs at Queensway

VANCOUVER, BC, Jan. 6, 2021 /PRNewswire/ – New Found Gold Corp. («New Found» or the «Company«) (TSXV: NFG) (OTC: NFGFF) is pleased to announce that the Company is expanding the current Queensway drill program from 100,000 meters to 200,000 meters and is increasing the rig count from four to eight drills.

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Highlights

The decision to double the current drill program to 200,000 meters was made following an analysis of the multiple high-grade gold intercepts reported from drilling to date and further review of the multiple drill-ready targets defined along 5 km of strike of the Appleton Fault Zone and 3 km of strike of the JBP Fault Zone.
To the end of December 2020, approximately 13,400 meters of drilling has been completed.
With this expansion to 200,000 meters of drilling, the revised budget for the Queensway program commencing January 1, 2021 is approximately $35 million.
The Company currently has approximately $67 million in working capital and is well funded to support this expanded program.
Following the holiday break, drilling has now resumed at the Queensway with four drill rigs currently on site. The Company is advancing arrangements for four additional drills and anticipates finalizing contracts and mobilizing these drills by February 2021.
There is currently a significant backlog of samples from the 2020 drilling at the assay lab including a significant number of samples submitted on a rush basis. Additional results are expected by next week.

Craig Roberts, P.Eng., Chief Executive Officer of New Found, stated: «Our drilling to date at Queensway has yielded impressive intervals of high-grade gold over significant widths. With this increase in the drill count we can now accelerate our grid drilling program along 5 km of strike on the Appleton Fault Zone. We will also concurrently commence testing targets along 3 km of strike on the parallel JBP Fault Zone. Both zones are highly prospective for gold with multiple showings that require systematic drilling. With our new 7,000 ft² core process facility in place our operational team is ready to ramp up and aggressively explore Queensway. We are excited to move into 2021 with this large program ahead of us and we look forward to a significant news flow of drill results through 2021.»

QA/QC

True widths of the new exploration intercepts reported in this press release have yet to be determined but are estimated to be 70% to 80% of reported core lengths. Assays are uncut, and calculated intervals are reported over a minimum length of 2 meters using a lower cutoff of 1.0 g/t Au. All HQ split core assays reported were obtained by either whole sample metallic screen/fire assay or standard 30-gram fire-assaying with ICP finish at ALS Minerals in Vancouver, British Columbia. The whole sample metallic screen assay method is selected by the geologist when samples contain coarse gold or any samples displaying gold initial fire assay values greater than 1.0 g/t Au. Drill program design, Quality Assurance/Quality Control and interpretation of results is performed by qualified persons employing a Quality Assurance/Quality Control program consistent with National Instrument 43-101 and industry best practices. Standards and blanks are included with every 20 samples for Quality Assurance/Quality Control purposes by the Company as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assays.

Qualified Person

The technical content disclosed in this press release was reviewed and approved by Greg Matheson, P.Geo., Chief Operating Officer and a Qualified Person as defined under National Instrument 43-101.

About New Found Gold Corp

New Found holds a 100% interest in the Queensway Project, located 15 km west of Gander, Newfoundland, and just 18 km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. With working capital of approximately C$67M the Company is well financed to continue its current aggressive drill program with a total of 200,000m now planned. New Found has a proven capital markets and mining team with major shareholders including Palisades Goldcorp (33%), Eric Sprott (18%), Novo Resources (11%), Rob McEwen (7%), other institutional ownership (8%), and management, directors, and insiders (4%). Approximately 65% of the Company’s issued and outstanding shares are subject to escrow or 180-day lock up agreements.

Please see the Company’s website at www.newfoundgold.ca and the Company’s SEDAR profile at www.sedar.com.

Acknowledgments

New Found acknowledges the financial support of the Junior Exploration Assistance Program, Department of Natural Resources, Government of Newfoundland and Labrador.

Contact

To contact the Company please visit the Company’s website, www.newfoundgold.ca and make your request through our investor inquiry form. Our management has a pledge to be in touch with any investor inquiries within 24 hours.

New Found Gold Corp.

Per: «Craig Roberts«
Craig Roberts, P.Eng., Chief Executive Officer
Email: croberts@newfoundgold.ca
Phone: (604) 562 9664

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Cautions:

This press release contains certain «forward-looking statements» within the meaning of Canadian securities legislation, relating to further the exploration and drilling on the Company’s Queensway gold project in Newfoundland. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words «expects,» «plans,» «anticipates,» «believes,» «intends,» «estimates,» «projects,» «aims,» «potential,» «goal,» «objective,» «prospective,» and similar expressions, or that events or conditions «will,» «would,» «may,» «can,» «could» or «should» occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.

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SOURCE New Found Gold Corp.

A. O. Smith Corporation Publishes 2020 Corporate Responsibility & Sustainability Report

MILWAUKEE, Jan. 6, 2021 /PRNewswire/ — A. O. Smith Corporation (NYSE: AOS) today announced the release of its <a target="_blank"…

MILWAUKEE, Jan. 6, 2021 /PRNewswire/ — A. O. Smith Corporation (NYSE: AOS) today announced the release of its 2020 Corporate Responsibility & Sustainability Report, which documents the company’s environmental, social and governance activities and performance over the past two years. The 2020 report details the positive impact of A. O. Smith’s highly efficient products, highlights the company’s commitment to its employees and communities in which it operates and announces its first greenhouse gas emissions (GHG) reduction goal of 10% by 2025.

«We are proud to share the positive impact A. O. Smith is having in the areas of efficiency, energy and water conservation and sustainability, and the forward movement we have made over the past two years to reduce our contribution to global carbon emissions,» said Kevin Wheeler, chairman and chief executive officer. «The strength of our company and ability to meet these goals are dependent on our employees who live our values and identify opportunities to improve our processes, deliver outstanding performance and bring innovative, high efficiency products to market.»

«The adoption of our first GHG emissions reduction goal is an important step for A. O. Smith to help further advance our innovation efforts as we work to mitigate the impact we have on the environment and be good stewards of the resources we use in our operations,» said Patricia Ackerman, senior vice president, investor relations, treasurer and corporate responsibility & sustainability. «The goal was developed through a strategic initiative to identify opportunities to further reduce and conserve water, natural gas and electricity consumption and associated GHG emissions. This is a journey for the A. O. Smith organization, and we recognize and are committed to the work to be done to achieve our goals in the coming years.»

The report describes achievements in five key areas: creating innovative, customer-centric and efficient products; maintaining strong operational discipline; practicing responsible supply chain management; being a good place to work; and being an upstanding corporate citizen.

Below are some of the key report highlights:

Products with a positive environmental impact represented 28% of 2019 sales.
Over 1.2 billion single-use plastic bottles of water were displaced through the sale of water filtration systems and replacements in North America.
Sales of high-efficiency water heaters and boilers from our North America business units offset GHG emissions of 222,790 tons and 289,110 tons, respectively.
The 2020 Global Employee Engagement Survey had a participation rate of 96% with high scores for employee loyalty and engagement.
A total of $1.6 million in donations through the A. O. Smith Foundation’s partnerships with 199 nonprofit organizations supported the primary focus areas of education, human services, art and culture and health.

About A. O. Smith Corporation
A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE), the company is one of the world’s leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment and air purification products. For more information visit www.aosmith.com.

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SOURCE A. O. Smith Corporation

Yadea Scoots into Swiss and Latin American Markets with Several Brand-New Flagship Stores

WUXI, China, Jan. 6, 2021 /PRNewswire/ — Yadea Technology Group Co., Ltd («Yadea», 01585.HK), China’s leading e-moped brand, has launched flagship stores in Switzerland as well as several countries in Latin America, namely Paraguay, Bolivia, Ecuador, Peru, El Salvador, and Venezuela. These new openings represent another breakthrough in Yadea’s international electric scooter business, as it powers forward in its global expansion.

«Yadea’s successful entry into the Swiss and Latin American markets is an important milestone in our global expansion,» said Heidi, the GM of Yadea Export & Import Co., Ltd., «With our technological advantages, Yadea’s electric scooters have met the world’s top-notch engineering, quality, and safety standards, granting us incredible competitivity in both product development speed and cost. We are committed to expanding our footprint in Europe, Latin America and the rest of the world to serve a growing customer base in need of affordable and environmentally friendly transportation as well as excellent Yadea customer service to go with it.»

Not only has Yadea built up a complete global supply chain, but also established partnerships with 16 leading global suppliers such as Japan’s Panasonic, Germany’s Bayer, and Sweden’s Berger. Moreover, it has seven production bases in Vietnam and other countries and regions, with products that are exported to 88 countries including the United States and Germany.

Yadea has obtained a total of 763 patents (including 36 inventions), pioneering industry-leading graphene battery technology and boasting advanced capabilities in power systems, energy systems, intelligent systems, and humanized technology. In terms of electric vehicle core electrical components, Yadea has independently developed GTR broadband power motors, side-mounted motors, AAT motors, and more, continuously upgrading and iterating motor technology to nurture continuous breakthroughs in the power and energy efficiency of electric vehicles.

Yadea leverages its R&D and technological advantages to create tailored local electric mobility solutions for Europe and countries around the world. For the European customers, Yadea developed the high-end C1S, which is equipped with three key features. This KISKA-designed, retro-looking electric moped, which is the 2020 Reddot winner, sports an elegant design and body, the culmination of three years of development. It is powered by an intelligent management system, with night-level safety protection for the battery. Meanwhile, its smart keyless integration solution enables automatic sensing, with a smart chip that realizes seamless unlocking when the owner is nearby.

For more information, please visit:
Facebook: YADEAIG/YADEA_global
Twitter: YADEA

About Yadea

20 years ago, Yadea planted a green dream to preserve the environment of the planet we live on. Yadea’s vision is to revolutionize the transportation industry with a new generation of emissions-free travel products.

Photo – https://mma.prnewswire.com/media/1395490/1.jpg

Yadea Scoots into Swiss and Latin American Markets with Several Brand-New Flagship Stores

For more information, please visit:
Facebook: YADEAIG/YADEA_global
Twitter: YADEA

About Yadea

Photo – https://mma.prnewswire.com/media/1395490/1.jpg

Sommet Education and UNWTO: Hospitality Challenge Online Events

LAUSANNE, Switzerland, Jan. 6, 2021 /PRNewswire-PRWeb/ — World Tourism Organization (UNWTO) and

LAUSANNE, Switzerland, Jan. 6, 2021 /PRNewswire-PRWeb/ — World Tourism Organization (UNWTO) and Sommet Education launch Hospitality Challenge Pitch – a series of online discussions focusing on revealing some of the winners of the «Hospitality Challenge», the solidarity initiative created by the two partners. Over four weekly sessions, UNWTO experts and tourism leaders will share insights on the state of tourism and hospitality, and the prospective solutions to be implemented to accelerate its recovery.

The «Hospitality Challenge» was launched to foster the recovery of the hospitality industry through creative and innovative projects submitted by entrepreneurs, start-uppers, students, career changers and anyone passionate about the industry. Among almost 600 applications received from all over the world, 30 top finalists have been granted a full-board scholarship for Master programs, MBA’s, and other specialized programs in Hospitality, Culinary and Pastry Arts. All of them are hosted by Sommet Education’s internationally renowned institutions: Glion Institute of Higher Education, Les Roches, and École Ducasse.

Starting from 21st January 2021, weekly between 4.30pm and 5.30pm CET and over a course of 4 weeks, Hospitality Challenge Pitch online sessions held on LinkedIn will focus on topics essential in building back hospitality industry:

«What’s Next in Jobs & Education» on 21st January 2021
The first session shall be moderated by Hervé de Gouvion Saint-Cyr, Founder & President of TalentriCity. The session will take off by a discussion between Stéphane Rousseau, Chief People Officer at Sommet Education, Natalia Bayona, Director of Innovation, Education and Investments at UNWTO, and Francois Delahaye, Chief Operating Officer at Dorchester Collection.

It will be followed by three of the top 30 winning pitches by Zeynep Demirbilek, Founder & Chief Executive Officer at the start-up «Service Club Delivery», Roger Obeid, Glion Alumnus and Founder & General Manager at ORHC presenting «Join F&B», and Diego Camacho, General Manager at Movich Hotels, presenting «Human Talent Solutions – HUTS».
Registration here

«What’s next in Safety & Hospitality Experience» on 28th January 2021
The second session will be led by Michael Collins, Founder of TravelMedia.ie and Abroad Magazine. He will leave floor to Barbara Czyzewska, Head of Luxury Marketing and Brand Management at Glion Institute of Higher Education, Alessandra Priante, Director of Regional Department of Europe at UNWTO, and Quentin Desurmont, Chief Executive Officer at Traveller Made, who will converse over the state of the industry.

The pitches shall then be presented for three of 30 winning projects: «TrekSecure Contagion Response» presented by Matthew Hiller, President & Founder of the company, «Lemonade Social» pitched by Ipshita Kumar, Les Roches Marbella Alumnus and Head of Partnerships of the business, and «Hosbot» project introduced by Nikhil Roy, Les Roches Crans-Montana Alumnus and Reservations Sales Manager at Coorg Cliffs Resort & Spa.
Registration here

«What’s next in Revenue & Productivity» on 4th February 2021
The third session will be guided by Damon Embling, Journalist at Euronews and Director at Headline Media UK. Joining in the panel discussion will be Jonathan Humphries, Head of International Hotel Development & Asset Management Specializations at Glion Institute of Higher Education and Chairman and Owner at HoCoSo, Sandra Carvao, Chief of Market Intelligence and Competitiveness at UNWTO, and Marc Vieilledent, Chief Development Officer at easyHotel Plc.

The three winning project pitches will afterwards be presented by Miguel Escobar, Co-founder at «Komodore» presenting the company, Ronald Homsy, Glion Alumnus, Managing Director at Scopum et Finem and founder of «Firsctlasset» presenting the business, and Ksenia Kartseva, a professional passionate about hospitality presenting the idea of «TipTrip.com».
Registration here

«What’s next in Waste reduction & Sustainability» on 11th February 2021
The final session of the online event series will be run by Rajan Datar, Broadcaster, Journalist and Writer at BBC. The experts sharing their analysis of the situation will be Dr. Dimitrios Diamantis, Professor and Dean of Graduate Studies at Les Roches Crans-Montana, Ph. D. Manuel Butler, Executive Director at UNWTO, and Jochem-Jan Sleiffer, President Middle East, Africa & Turkey at Hilton.

The selected projects pitched in this session will be «Recotrak» by Rodrigo Gratianne, Les Roches Crans-Montana Alumnus and Founder of the business, «Viridescent» by Barthélémy Deslarzes, Les Roches Crans-Montana Alumnus, and «Little Big Travel» by Katia Rivera, Behavioral Scientist at Vauxoo.
Registration here

All panel discussions and project pitches will be followed by an interactive Q&A session with the experts.

About the World Tourism Organization (UNWTO)
The World Tourism Organization (UNWTO) is the United Nations specialized agency fostering tourism as a vehicle for equal, inclusive and sustainable development. Working with its Member States, international organizations and the private sector, UNWTO promotes safe and seamless travel for all. UNWTO also works to make tourism the foundation of trust and international cooperation and a central pillar of recovery from adversity. As part of the wider UN system, UNWTO is at the forefront of global efforts to achieve the 2030 Agenda for Sustainable Development, including through its ability to create decent jobs, promote equality and preserve natural and cultural heritage.

About Sommet Education
Sommet Education, global leader in hospitality management and culinary arts is committed to develop the Hospitality leaders of tomorrow. The group encompasses 3 world-class academic institutions: Glion, Les Roches, and Ecole Ducasse, with campuses in Switzerland, Spain, China, the UK, and France. These offer bachelor’s degrees, master’s degrees, and diplomas through academic excellence and a dynamic multicultural environment. Sommet Education is the only education network with two institutions ranked among the world’s top three for hospitality education and employer reputation (QS World University). More information here.

PRESS CONTACT:
Anouck Weiss | Sommet Education VP Communication
media@sommet-education.com

Media Contact

Joana Tran, Sommet Education, 0219892638, joana.tran@sommet-education.com

SOURCE Sommet Education