Global Consumer Confidence Improved in Q4

NEW YORK, Jan. 12, 2021 /PRNewswire/ — Global consumer confidence increased in the fourth quarter of 2020, driven largely by an improved outlook for personal finances—which, in many regions, reflect unprecedented fiscal measures in response to COVID-19. Prospects for jobs and spending intentions saw smaller improvements in Q4, according to <a target="_blank"…

NEW YORK, Jan. 12, 2021 /PRNewswire/ — Global consumer confidence increased in the fourth quarter of 2020, driven largely by an improved outlook for personal finances—which, in many regions, reflect unprecedented fiscal measures in response to COVID-19. Prospects for jobs and spending intentions saw smaller improvements in Q4, according to The Conference Board® Global Consumer Confidence Survey. 

Conducted in collaboration with Nielsen, the survey found that overall global consumer confidence climbed to 98 in Q4 2020, up six points from 92 in Q2 2020. A reading below 100 is considered negative, indicating that consumers were slightly more pessimistic than optimistic globally. Fifty of 67 markets saw a rise in confidence in Q4 as economic activity resumed and vaccine development advanced quickly. (Q4 indexes exclude China due to data collection restraints.)

«While the vaccine sets the stage for a global economic recovery,» said Dana Peterson, Chief Economist of The Conference Board, «the timing of that revival and the pickup in consumer confidence—whether in 2021 or beyond—will vary markedly between advanced and emerging economies depending on the degree of access to vaccines.»

Elizabeth Crofoot, Senior Economist at The Conference Board, added: «In North America, Asia-Pacific, and the Gulf, confidence has remained at least marginally optimistic—above 100—throughout the COVID-19 pandemic, capped by strong gains in Q4. Latin America also recovered strongly from historically low confidence earlier in 2020. But Europe reveals the precariousness of pandemic recovery, with an especially intense second wave leaving consumers deeply pessimistic in Q4.»

Additional takeaways include:

Four critical dimensions of the COVID-19 crisis will shape global confidence in the coming months:

  • The trajectory of the pandemic: Consumer recovery will rest on health recovery. With second or third waves of COVID-19 infections looming in most global regions, new strains of the virus emerging, and vaccine rollout taking longer than expected in many markets, the recovery in confidence may slow substantially in the coming months.
  • The impact on jobs and household incomes: Millions of people worldwide have lost jobs and incomes due to COVID-related business closures and restrictions. Although fiscal measures have served to bridge gaps in income, consumer confidence will continue to face headwinds from labor market weakness until the pandemic is controlled.
  • Trust in government and its policies to mitigate the effects of the virus: Governments around the world have spent $12 trillion to minimize COVID-19’s impact. Both advanced and developing economies have enacted massive fiscal relief packages that have supported household balance sheets by keeping people employed and cancelling or deferring certain loans and tax payments. However, as fiscal taps run dry in certain markets, continued gains in consumer confidence may stall in the near term.
  • Widespread availability of COVID-19 treatments and vaccines: As advanced economies begin vaccination campaigns, many emerging markets may struggle to secure enough doses and to distribute them effectively. Looking ahead, an uneven recovery in consumer confidence is likely to emerge depending on each markets’ access to and deployment of vaccines.

Globally, consumers continued to reduce discretionary spending:

  • Spending on discretionary products and services decreased relative to 2020 Q2 in tandem with an active or looming second wave of COVID-19 infections and a ramping up of restrictions in several regions.
  • Due to widespread business closures, social distancing measures, and consumer fear, the share of consumers who spent discretionary income on hospitality services (vacations, out-of-home entertainment) continued to drop in Q4 and was significantly below (more than -10 pts) the average level a year prior.
  • Globally, consumers have been spending more time at home. In Q4, a smaller share of consumers reported spending on new clothes, likely due to a reduced public life, while the share spending on home improvements/decorating increased.
  • In Q4, as the pandemic wore on and fiscal support began to run dry, the share of consumers with no spare cash increased, and the share able to put discretionary money into savings or to invest it in financial assets decreased.

«Fiscal relief packages have helped keep consumers afloat worldwide,» said Denise Dahlhoff, Senior Researcher, Consumer Research, at The Conference Board. «However, pandemic conditions have changed spending patterns, as housebound consumers limit expenses on vacations and out-of-home entertainment. In some countries, including the US, fiscal support and reduced spending have left people more money for paying off debt as well as for home improvements.»

Confidence improved across all regions as fiscal support measures shored up personal finances and health and economic concerns eased. But regional disparities reveal the continued unpredictability of pandemic impacts worldwide:

  • Europe: The lack of improvement in sentiment about the jobs outlook was the primary factor behind the disappointing increase in confidence.
    • The second wave caught Europeans by surprise, coming sooner and stronger than expected and fueling fears of future job losses.
    • Confidence is likely to stagnate in 2021 Q1 despite high levels of policy support for jobs and firms and the start of the vaccination campaign in most European countries.
  • Asia-Pacific (AP): Consumer confidence in Q4 returned to pre-pandemic levels in 5 of 13 AP markets (38%), the most of any region.
    • Coupled with effective containment measures, fiscal stimulus packages in both advanced and emerging economies in the region helped maintain household finances and boosted confidence.
    • Looking ahead for the export-oriented region, potentially weakening external demand from other regions that continue to struggle to control the pandemic may be a downside risk to further gains in consumer confidence.
  • Latin America: In Q4, Latin America recovered about three-quarters of the fall in consumer confidence that occurred in Q2—the same as North America and significantly more than other regions.
    • Greater optimism about personal finances drove the recovery. As a percentage of GDP, the fiscal policy response of key emerging markets in the region is on par with that of some advanced economies, providing much needed income support to Latin American workers and households.
    • Yet with broad vaccination unlikely to happen until late 2021 or even early 2022, a second wave of infections and heightened restrictions in the near term will weigh on confidence.
  • Africa & The Middle East (A&ME): Consumer confidence in A&ME climbed into optimistic territory in Q4, due in part to fiscal measures that improved the job and financial outlook of consumers.
    • Consumers are the most optimistic in the Gulf Cooperation Council (GCC), where confidence will likely remain resilient in the months ahead.
    • Pessimism is much higher in Africa, where heightened restrictions in response to a second wave and challenges accessing vaccines may suppress further gains in consumer confidence in the near term.
  • North America: Generous government relief packages have helped sustain households and businesses in both the US and Canada.
    • As a result, consumers in these markets are among the most upbeat globally, especially about their personal finances.
    • While news of the vaccine allayed health concerns and likely translated into improved consumer confidence, job losses in the final months of 2020 and heightened restrictions heading into 2021 will likely offset the full impact of the vaccine in the short term.

About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what’s ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org.

 

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Ivon Rodriguez Joins Linqto As CMO

SAN FRANCISCO, Jan. 12, 2021 /PRNewswire-HISPANIC PR WIRE/ — Linqto, a leading digital investment platform for private market securities, announced that Ivon Rodriguez has joined the company as Chief Marketing Officer. In this role, Ivon will lead all consumer and product marketing programs for Linqto using her extensive knowledge to continue to generate awareness and expand the community of accredited investors for the Silicon Valley fintech company.

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SAN FRANCISCO, Jan. 12, 2021 /PRNewswire-HISPANIC PR WIRE/ — Linqto, a leading digital investment platform for private market securities, announced that Ivon Rodriguez has joined the company as Chief Marketing Officer. In this role, Ivon will lead all consumer and product marketing programs for Linqto using her extensive knowledge to continue to generate awareness and expand the community of accredited investors for the Silicon Valley fintech company.

Ivon Rodriguez joins Linqto as CMO.

Linqto is democratizing the private markets space by making private investing accessible for accredited investors. Through their platform, Linqto provides accredited investors with affordable entry into markets that were previously the exclusive domain of large institutional buyers.

«Ivon’s professionalism and highly-engaging management style make her a natural fit for Linqto’s leadership team,» said Bill Sarris, Linqto CEO. «She joins us at a pivotal moment and brings a level of experience and expertise that will be critical in supporting Linqto as we continue making private investing simple.»

«Ivon is creative and insightful and a wonderful addition to the Linqto team,» said Joseph Endoso, Chief Revenue Officer and Director on the Board of Linqto. «Her far-reaching experience in marketing, as well as her innovative approach to customer acquisition will be invaluable to Linqto as it looks to substantially expand its community of users over the next year.»

Ms. Rodriguez has continually demonstrated her ability to successfully execute global marketing campaigns and brings more than 20 years of marketing and management experience to the role. She joins Linqto from The 360 Group, a leader in entertainment marketing, and prior to that role was the Managing Director for IE University’s International Development office in the Southeastern United States and Caribbean. Ms. Rodriguez has also overseen station launches for Telemundo Television as their General Manager and has served as a lecturer in marketing in South Florida business schools since 2016. Ms. Rodriguez holds a double Bachelor of Arts from Brown University, an Executive MBA from Brown and IE Business School, and is pursuing a PhD in Business at Virginia Tech.

«Linqto is a great company with an inspired vision,» said Rodriguez, «and am most excited to work alongside a brilliant team as we continue to democratize the private market space for accredited investors worldwide.»

About Linqto

Linqto is a leader in liquidity in the private sector, providing accredited investors access to affordable investment opportunities in the world’s top unicorns. https://www.linqto.com/

Join Linqto at their next Global Investor Conference. https://theglobalinvestorconference.com/

Linqto

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SOURCE Linqto

Ivon Rodriguez Joins Linqto As CMO

SAN FRANCISCO, Jan. 12, 2021 /PRNewswire/ — Linqto, a leading digital investment platform for private market securities, announced that Ivon Rodriguez has joined the company as Chief Marketing Officer. In this role, Ivon will lead all consumer and product marketing programs for Linqto using her extensive knowledge to continue to generate awareness and expand the community of accredited investors for the Silicon Valley fintech company.

<div…

SAN FRANCISCO, Jan. 12, 2021 /PRNewswire/ — Linqto, a leading digital investment platform for private market securities, announced that Ivon Rodriguez has joined the company as Chief Marketing Officer. In this role, Ivon will lead all consumer and product marketing programs for Linqto using her extensive knowledge to continue to generate awareness and expand the community of accredited investors for the Silicon Valley fintech company.

Linqto is democratizing the private markets space by making private investing accessible for accredited investors. Through their platform, Linqto provides accredited investors with affordable entry into markets that were previously the exclusive domain of large institutional buyers.

«Ivon’s professionalism and highly-engaging management style make her a natural fit for Linqto’s leadership team,» said Bill Sarris, Linqto CEO. «She joins us at a pivotal moment and brings a level of experience and expertise that will be critical in supporting Linqto as we continue making private investing simple.»

«Ivon is creative and insightful and a wonderful addition to the Linqto team,» said Joseph Endoso, Chief Revenue Officer and Director on the Board of Linqto. «Her far-reaching experience in marketing, as well as her innovative approach to customer acquisition will be invaluable to Linqto as it looks to substantially expand its community of users over the next year.»

Ms. Rodriguez has continually demonstrated her ability to successfully execute global marketing campaigns and brings more than 20 years of marketing and management experience to the role. She joins Linqto from The 360 Group, a leader in entertainment marketing, and prior to that role was the Managing Director for IE University’s International Development office in the Southeastern United States and Caribbean. Ms. Rodriguez has also overseen station launches for Telemundo Television as their General Manager and has served as a lecturer in marketing in South Florida business schools since 2016. Ms. Rodriguez holds a double Bachelor of Arts from Brown University, an Executive MBA from Brown and IE Business School, and is pursuing a PhD in Business at Virginia Tech.

«Linqto is a great company with an inspired vision,» said Rodriguez, «and am most excited to work alongside a brilliant team as we continue to democratize the private market space for accredited investors worldwide.»

About Linqto

Linqto is a leader in liquidity in the private sector, providing accredited investors access to affordable investment opportunities in the world’s top unicorns. https://www.linqto.com/

Join Linqto at their next Global Investor Conference. https://theglobalinvestorconference.com/

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New Wilderness Alliance Announces Draft Legislation for Northern Yellowstone Ecosystem

BOZEMAN, Mont., Jan. 12, 2021 /PRNewswire/ — The Gallatin Yellowstone Wilderness Alliance today announced their proposal for new Wilderness designations on the Custer Gallatin National Forest (CGNF) in Southern Montana.

GYWA plans to introduce a Wilderness Bill to the US Congress, titled the Gallatin-Yellowstone Wilderness Act. The Bill would designate about 800,000 acres of new Wilderness in the northern Greater Yellowstone Ecosystem and nearby federal…

BOZEMAN, Mont., Jan. 12, 2021 /PRNewswire/ — The Gallatin Yellowstone Wilderness Alliance today announced their proposal for new Wilderness designations on the Custer Gallatin National Forest (CGNF) in Southern Montana.

GYWA plans to introduce a Wilderness Bill to the US Congress, titled the Gallatin-Yellowstone Wilderness Act. The Bill would designate about 800,000 acres of new Wilderness in the northern Greater Yellowstone Ecosystem and nearby federal lands. GYWA has identified Montana’s CGNF as the epicenter of some of the most spectacular unprotected wild lands in the nation.

Phil Knight of GYWA offered, «It’s a new year, after a very tough 2020, and we all need positive ideas. How about a fresh start by protecting more Wilderness? What could be better for the people, the wildlife and the land?»

George Wuerthner, author, ecologist and GYWA board member, said, «The Greater Yellowstone Ecosystem is part of the global heritage, and we have a responsibility to do everything we can to preserve it.»

«We are talking about protecting some of the top one or two per cent of wild country in the lower 48,» said Knight. These wild lands are some of the best wildlife habitat in the country, providing a home for Grizzly Bear, Lynx, Wolf, Elk, Moose, Mountain Goat, Wolverine and Bighorn Sheep, and are the source of waters that support genetically pure Yellowstone and West Slope Cutthroat Trout.

Anne Millbrooke, GYWA board member, explained, «Big open spaces are not actually open and certainly not wasted. Nature fills that space and uses it. As byproducts, nature protects our clean air and clean water. It even stores carbon.»

The CGNF caps Yellowstone National Park like a crown of wild mountains. From Cowboy Heaven to the Tongue River Breaks, the Crazy Mountains to the Line Creek Plateau, the Gallatin Crest to Lionhead, the Beartooth Front to the Pryor Mountains, there is no other national forest like it. GYWA believes that what the CGNF does best is provide for high-quality wild lands. It is not the nation’s wood box, nor should it be the nation’s outdoor gymnasium.

Wild lands protection is critical to the quality of life of the region’s communities, and essential to the outdoor economy that draws visitors, as well as contributing to the wellbeing of residents, providing clean water, important fish habitat, critical wildlife habitat, scenic beauty, and solace for people in troubled times.

According to Conservation Biology principles, larger protected areas are better than smaller patches of habitat. So, it is important to conserve larger unprotected wild lands, especially if they are contiguous to existing protected areas such as Yellowstone Park.

In addition, some wild lands are critical corridors for the movement of wildlife between other protected landscapes. For example, the Bridger Mountain Range can serve as a corridor connecting the Greater Yellowstone Ecosystem to other wild lands further north.

You can view GYWA’s draft wilderness legislation at https://www.gallatinyellowstonewilderness.org/

Contact: 
Phil Knight (406) 209-4727
George Wuerthner (541) 255-6039
Anne Millbrooke (406) 599-1096

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SOURCE Gallatin Yellowstone Wilderness Alliance

America Censored! New Social Media Platform Features Zero Tolerance for the Censure of Free Thought

MINNEAPOLIS, Jan. 12, 2021 /PRNewswire/ — WhyWould.com Excerpts from an article in the New York Times; January 1st, 1984 edition reviewing George Orwell’s’ famous literary work «1984» reads:  

»IN a free society,» wrote the French philosopher…

MINNEAPOLIS, Jan. 12, 2021 /PRNewswire/ — WhyWould.com Excerpts from an article in the New York Times; January 1st, 1984 edition reviewing George Orwell’s’ famous literary work «1984» reads:  

»IN a free society,» wrote the French philosopher Montesquieu, »it is not always important that individual’s reason well, it is sufficient that they reason; from their individual thought, freedom is born.» – Exactly two centuries later, in his futuristic novel »1984,» the English political novelist George Orwell gave a tragic illustration of what the world would be without the freedom to think. Orwell had the intention to call his book »The Last Man in Europe,» as a tribute to the essential quality that distinguished man from the world around him, namely his ability to think for himself.»  {Edmond van Den Bossche

Mr. Van Den Bossche entitled his article «THE MESSAGE FOR TODAY IN ORWELL’S 1984,» appropriately and poignantly, prophetic of 2021, for we are suffering a plight similar to those we’ve historically fought, bled and died to defend in our two centuries of nationhood. 

WhyWould.com offers a beacon of hope to the ‘tired, and huddled masses yearning to breathe free…’  In fact, longing to, once again, speak free.  Our virtual «public square,» is such a platform.  One that is intolerant to the censure of free thoughts.  One comprised of a community that can post «threads» (i.e., news articles, opinions, and other media), intended for the free exchange of ideas and perspectives.  WhyWould is a such a beacon for our times.  Itself, a free speech alternative to services like Twitter© and YouTube©.

Our society clamors for a forum where the civil exchange of contrasting ideas can be measured, weighed, and assimilated with impunity.  «We are the defenders of free speech!»  Our goals; patently clear.  To build a public «safe-space» for all.  A space devoid of persecution, shadow-banning, harassment, and ridicule.  We condemn both, violence and dishonesty while condoning civility of the highest order.»  We encourage you to be bold and unite with us.

WhyWould.com functions as the definitive, «alternative» social media platform, with a central news feed, direct messaging for trending topics and alerts.  A driver for meaningful dialogue which is question-driven, with the phrase «Why Would?»

Do not let them silence us!  «We have only just begun to fight!»  Rally to the battle cry and lets follow one another, as one beautiful, impregnable «wall» and shed light against the darkness. 

«Why Would we go one, when we can go all?»

For more information, visit https://www.whywould.com/whywould/contact

Media contact:
Michael Kauffman
288858@email4pr.com
612-850-5936

 

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Engineering Firms Accelerating Growth by Automating Site Inspection Reporting, RMG Achieves Significant Gains

VANCOUVER, BC, Jan. 12, 2021 /PRNewswire/ — Flowfinity Wireless Inc. today published a case study demonstrating how Rocky Mountain Group (RMG) achieved significant gains in operational efficiency by automating engineering site inspection workflows using custom applications configured rapidly without code.

IT leaders at the Colorado based engineering, architectural and construction materials testing firm chose the Flowfinity no code platform to digitize field…

VANCOUVER, BC, Jan. 12, 2021 /PRNewswire/ — Flowfinity Wireless Inc. today published a case study demonstrating how Rocky Mountain Group (RMG) achieved significant gains in operational efficiency by automating engineering site inspection workflows using custom applications configured rapidly without code.

IT leaders at the Colorado based engineering, architectural and construction materials testing firm chose the Flowfinity no code platform to digitize field data collection and integrate with custom reporting applications using a central SQL server. Through these innovations senior managers are now able to make decisions faster and with greater confidence in the accuracy of their information.

«I’m happy to say that my experience getting acquainted with Flowfinity was very positive and relatively easy,» says Jeffrey Lubbers, IT Support Technician, Rocky Mountain Group. «It took about 2-3 forms to really see how most of the layout functionality and validation works. A few forms later and the relationship between how states can interact with the views really becomes apparent.»

Within a short time, RMG created, integrated and automated custom site inspection applications that replaced existing manual processes with an effective digital data management solution that greatly reduced reporting delays and errors.

With their previous processes, on site inspectors would fill out paper forms at construction sites and return them to the office at the end of the day. Engineers and office staff would have to sort through all that paperwork on a regular basis. That process took a significant amount of time and effort, especially if there were missing or incomplete reports.

Now RMG has a continuous digital workflow that isn’t dependent on having a physical transaction. Managers regularly receive and review reports to keep track of project progress which assist in decision making and reduce the potential for costly errors.

The site inspection data captured in Flowfinity is integrated with RMG’s internal project management software and is available within 10 minutes of being submitted in the field.

«One of things that I’m most impressed with is the stability of the Flowfinity system. Once setup for our field techs, it is a set it and forget it situation, the darn thing just keeps on running!» says Jeffery Lubbers, Rocky Mountain Group. «It’s a unique tool, it’s really reliable. Offline data is another major plus.» 

To read the full case study, please visit: https://www.flowfinity.com/customers/engineering-inspection-workflows.aspx

About Flowfinity

Flowfinity is a no-code development platform used to create, automate and integrate custom business process applications. For over 20 years, Flowfinity has empowered IT and business professionals to build flexible, scalable data collection and workflow management solutions without the costs and commitment of programming. Our intuitive toolset combines a web-based app editor, central SQL database, advanced form functionality, interactive dashboards, configurable software robots, and reliable integration options. For more information, please visit: https://www.flowfinity.com/

Flowfinity Wireless Inc.
Alex Puttonen, Marketing Manager
604-878-0008 ext. 2125
288752@email4pr.com 

 

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SOURCE Flowfinity Wireless Inc.

Solar FlexRack™ Supplies Trackers for TRITEC Americas Distributed Generation Solar Projects in Connecticut

YOUNGSTOWN, Ohio, Jan. 12, 2021 /PRNewswire/ — Solar FlexRack™, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, announced that the company has supplied its TDP 2.0 Solar Trackers for a portfolio of distributed generation solar projects located in Connecticut. Part of Solar FlexRack’s tracker growth phase into the northeastern region of the US, the solar projects are being developed by TRITEC…

YOUNGSTOWN, Ohio, Jan. 12, 2021 /PRNewswire/ — Solar FlexRack™, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, announced that the company has supplied its TDP 2.0 Solar Trackers for a portfolio of distributed generation solar projects located in Connecticut. Part of Solar FlexRack’s tracker growth phase into the northeastern region of the US, the solar projects are being developed by TRITEC Americas, a leading developer, financier and asset manager of commercial and industrial solar PV and ESS systems. TRITEC Americas is an affiliate of TRITEC Group, a global solar services company founded in 1987, with offices throughout Europe, South America and the U.S. TRITEC engaged Swinerton Renewable Energy to provide design, procurement and construction management on the portfolio and will contract with SOLV, Inc, a wholly owned subsidiary of Swinerton Renewables, to provide O&M services on the portfolio. The first of several projects in the portfolio under construction is a 1.2-megawatt system located near Putnam, Connecticut.

«We’re excited to work with SOLV Construction Management Services to support Swinerton’s new services group. Project efficiencies are a critical part of our work so it’s great to partner with folks who share that passion,» commented Steve Daniel, Executive Vice President of Solar FlexRack. 

These distributed generation solar projects are a small footprint and are ideal for supplying clean, low-cost energy to the local community in Connecticut. Solar FlexRack’s single axis tracker system easily fits into smaller parcels and allows an increased reduction of carbon emissions into the environment, along with helping the state meet its portfolio standard of 48% renewable energy by 2030.

«Solar FlexRack works closely with SOLV CM Services to deliver high quality projects that create value for our clients,» said SOLV Director of Construction Management, Craig Mayer. «Their team helps reduce project risk and delivers a reliable solar tracker and services bundle for our customers’ benefit.»

Power from the portfolio, including the Putnam solar project, is being purchased by the City of Bristol through a long-term power purchase agreement. The systems will generate over 7,950,000 kWh of clean, renewable energy in the first full year of operation for the residents of the City of Bristol. Additionally, the projects are participating in Eversource’s ZREC program, which will help contribute to the utility’s RPS goals.

About Solar FlexRack

Solar FlexRack, a division of Northern States Metals, is an integrated solar company that offers custom-designed, fixed tilt ground mount and single-axis solar tracking systems in the commercial and utility-scale solar mounting industries. Solar FlexRack also offers full turnkey packages, including engineering, geotechnical, pullout testing, field, layout, and installation services to address the actual site conditions of an installation and provide a full scope of services from design to delivery and installation. Solar FlexRack has completed over 2 GW of solar racking installations in 40 states across America and five countries globally.  For more information, go to www.solarflexrack.com and follow us on TwitterFacebook, and LinkedIn.

Solar FlexRack Media Contact:
Staci Lombardo
288910@email4pr.com
330-799-1855

About TRITEC Americas

TRITEC Americas, based in San Diego, California is the Americas affiliate of TRITEC Group AG, a multi-national solar services company founded in 1987, operating in over 15 countries throughout Europe, South Africa, South America and the U.S. TRITEC Americas is a leading provider of solar PV + ESS project development, financing and asset management services for the commercial and industrial (C&I) market throughout the Americas. Through its PowerNow® Finance Program, TRITEC Americas develops, finances, owns and operates photovoltaic projects, which generate clean, predictable, affordable, renewable energy for its customers. For more information, please visit www.tritec-americas.com

TRITEC Americas Media Contact:
Howie Reed
288910@email4pr.com
619-363-3080

 

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SOURCE Solar FlexRack

Pure Barre President Sarah Luna Selected as President of Parent Company Xponential Fitness

IRVINE, Calif., Jan. 12, 2021 /PRNewswire/ — Xponential Fitness – the largest curator of premium boutique fitness brands including Pure…

IRVINE, Calif., Jan. 12, 2021 /PRNewswire/ — Xponential Fitness – the largest curator of premium boutique fitness brands including Pure Barre, Club Pilates, CycleBar, YogaSix, StretchLab, Row House, AKT and STRIDE – announced today it has appointed Sarah Luna, current President of Pure Barre, to a new executive role as President of Xponential Fitness. In this new position, Luna will drive efficiencies across all eight brands and Xponential departments, lead projects and partnerships for the parent company, and manage efforts with the executive team to achieve their aggressive growth plans. Stepping into Luna’s role as President of Pure Barre will be Regan Stokes, the brand’s current Senior Vice President of Operations.

At just 34 years old, Luna will be one of the youngest women to serve as the top executive of a global fitness company. Throughout her career, she has gained experience in nearly every corner of the health and fitness industry, starting out as a professional dancer and Pilates instructor then moving into business ownership as a Jazzercise Franchisee. Luna pursued her MBA at Chapman University to better understand the business side of the fitness world and soon after, was hired at Equinox to run their Pilates department in Los Angeles and Orange County clubs. While teaching a Pilates class, she met Anthony Geisler, the founder and CEO of Xponential Fitness. 

Geisler brought Luna on board in 2015 as National Sales Director and eventually SVP of Operations for Club Pilates, where she opened hundreds of studios and developed and led the sales process that all Xponential brands use to this day. Upon Xponential’s acquisition of Pure Barre in 2018, Luna was promoted to President of that brand, where she excelled in leading a nationwide studio refresh and conversion to ClubReady’s operating system. She also unified and streamlined studio operations for increased performance across all locations, which now total over 570 around the world.

«We could not be more pleased to welcome Sarah Luna to the Xponential Fitness executive team,» said Geisler. «Over the past five years, she has worked tirelessly to make sure Club Pilates and Pure Barre excel in the boutique fitness space. The 1100+ successful studios that exist today between both of those brands is a byproduct of her excellent leadership skills and savvy strategy. She will be an invaluable asset in driving all of our brands to the same level of success over the next decade.»

«It is an honor to take on this new role of President at Xponential Fitness. Above all else, I want our franchisees to succeed and represent the best of the best in the boutique fitness industry,» said Luna. «Despite the challenges brought about by the pandemic, our owners have exemplified creativity and resilience over the past year, and I’m excited to work more closely with them and bring out even more of these positive qualities as we tackle new, loftier goals and initiatives across all our brands in 2021.»

Founded in 2017, Xponential Fitness has quickly become the largest curator of boutique fitness brands around the world with close to 1700 studios. Despite the pandemic, the company experienced a successful year of growth in 2020, opening new locations in Saudi Arabia, Australia and South Korea with more studios in development in Spain, Germany, Singapore and the Dominican Republic. Xponential also debuted online workouts across all of its brands last year through its proprietary streaming platform called GO, bringing premium classes directly to consumers’ homes as a complement to the world-class studio experiences the brands provide.

ABOUT XPONENTIAL FITNESS:
Founded in 2017 by Anthony Geisler, Xponential Fitness has built and curated a diversified platform of eight disruptive boutique fitness brands spanning across fitness and wellness verticals – including Pilates, indoor cycling, stretch, rowing, dance, running and yoga. Currently, Xponential Fitness’s portfolio of brands includes Club Pilates, the nation’s largest Pilates brand; CycleBar, the nation’s largest indoor cycling brand; StretchLab, a concept offering one-on-one assisted stretching services and group stretch services; Row House, a high-energy, low-impact indoor rowing workout; AKT, a dance-based cardio workout combining toning, interval and circuit training developed by Celebrity Trainer Anna Kaiser; YogaSix, a modern boutique yoga brand; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; and most recently, STRIDE, a treadmill-based cardio and strength training concept. Visit www.xponential.com to learn more.

Media Contact: David Robertson, Fishman Public Relations, drobertson@fishmanpr.com or 847-945-1300

 

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SOURCE Xponential Fitness

SinglePoint Enters Into Letter of Intent to Acquire EnergyWyze, LLC to Streamline, Optimize, and Maximize Solar Industry Lead Generation

PHOENIX, Jan. 12, 2021 /PRNewswire/ — SinglePoint Inc. (OTC: SING) («SinglePoint» or the «Company»), a company focused on providing renewable energy solutions, announced today it has entered into a letter of intent (the «LOI») with EnergyWyze, LLC, a premiere digital and direct marketing firm focused on customer centric lead generation in the solar energy industry. Under the terms of the LOI, SinglePoint will acquire the assets and business relationships, including an extensive database of validated…

PHOENIX, Jan. 12, 2021 /PRNewswire/ — SinglePoint Inc. (OTC: SING) («SinglePoint» or the «Company»), a company focused on providing renewable energy solutions, announced today it has entered into a letter of intent (the «LOI») with EnergyWyze, LLC, a premiere digital and direct marketing firm focused on customer centric lead generation in the solar energy industry. Under the terms of the LOI, SinglePoint will acquire the assets and business relationships, including an extensive database of validated leads, of EnergyWyze to form a premier solar lead generation engine. Additionally, three principals of EnergyWyze with extensive experience from lead generation to closed sales will join SinglePoint as employees to bolster the Company’s marketing team. EnergyWyze currently operates its leading consumer site at www.energywyze.com and its solar business site at www.solarcxm.com.

EnergyWyze is an emerging industry leader providing qualified preset appointments to the nation’s leading solar installation companies. Customer acquisition can account for a significant percentage of the spend in solar contractors cost of doing business. SinglePoint aims to reduce those costs and increase the conversion rate of new customers through creating a premium customer experience the solar industry is lacking at this point in time. SinglePoint believes that EnergyWyze’s customer-centric focus will bring to market a value-add service for homeowners and solar installation contractors.

«We believe this agreement represents a catalytic moment for SinglePoint and will play an integral piece in our overall business strategy as we work to maximize our online presence and lead generation capabilities. EnergyWyze adds tremendous value and brings with it an extensive database of potential customers who have actively requested solar installation to their home,» commented Wil Ralston, President of SinglePoint. «We believe this acquisition, together with our other subsidiaries, will help us to further unlock value and strengthen the launching pad of SinglePoint to our next phase of growth. We are committed to adding companies to our portfolio that will mutually benefit one another to create a network effect and drive economies of scale. The acquisition of EnergyWyze is a critical component as the company that acquires the customers ultimately controls the growth.»

Brent Duskin, CEO of EnergyWyze commented, «Over the course of the EnergyWyze founder’s marketing careers, we’ve excelled at building predictable, large volume, high-quality lead generation machines for some of the largest and most demanding marketing and sales organizations in the country. Our combined experiences have created strict disciplines for the development of compelling and disruptive value propositions with a focus on lowered cost-per-leads and lower cost-per-sales.»

«Times have changed and so have we. EnergyWyze is a singularly focused residential solar marketing group that will deliver exclusive residential solar appointments, not just leads, to the ever-emerging residential solar category. We will use the latest and most advanced customer experiential management (CXM) software to deliver qualified set appointments to solar installers and sales teams who could never realistically keep up with the latest marketing technologies required to win this game. We are excited to join with SinglePoint who will become our exclusive partner of choice within this very exciting category,» added Mr. Duskin.

It is estimated that less than 4% of the residential solar addressable market in the domestic U.S. market currently has a solar system installed. In the past few years, the cost of residential rooftop solar has dramatically decreased giving homeowners who wish to be sustainable and to decrease their reliance on the existing domestic energy infrastructure an economic benefit that makes sense. EnergyWyze is currently creating thousands of leads per month through its robust platform. Over the course of their careers, the EnergyWyze principals, now joining SinglePoint, have been responsible for generating 25,000 to 35,000 unique leads per week with 100% of attendance confirmation. This experience will drive the model moving forward to set qualified appointments with high show rates as opposed to handing over contact information for a solar installer to reach out and set their own appointments.

«We are used to creating large, profitable, predictable and scalable programs that pencil for everyone. We work and operate with solar companies in all 50 states in over 135 different markets,» commented Joe Hupp, CMO for EnergyWyze. Prior to Joe’s role at EnergyWyze, he served as the Director of Marketing for both SunEdison and Crius Solar where he was responsible for managing all lead generation for sales teams and running all digital marketing efforts for the residential solar departments. Most recently, he has consulted for Vivint Solar, Elite Solar Pros, and others. 

The residential solar market — which was the hardest hit by the business impacts of the COVID-19 pandemic — beat recovery expectations, growing 14% over Q2 but remained below Q1 levels.  Residential solar installations will continue to increase, and the incoming administration and Congress have an opportunity to help the solar industry reach its Solar+ Decade goals, creating hundreds of thousands of jobs and tackling the climate crisis.

«Solar is the next wave of change in America’s energy infrastructure. Providing an industry-leading customer-centric platform will be fundamental to the industry as consumers look for trusted, knowledgeable companies to guide them through this shift. Together, EnergyWyze and SinglePoint will be able to meet consumer demands and scale nationally very quickly,» adds Che Oliver, COO of EnergyWyze. Che specializes in customer-centric marketing strategies to drive consumer engagement. Previously, Che took the role of CMO where revenue was flat and stalled at $10MM annually. Che helped push that company past $50MM and the company went public. Fueled by direct mail and digital ads, the company did $80MM and continued growth up to $180MM kicking out $20MM net income and driving stock prices from $2 to $36 per share.

SinglePoint, through its majority owned subsidiary, SinglePoint Direct Solar, operating as Direct Solar of America is focused on providing renewable energy solutions to consumers and small commercial businesses and growing its national footprint, which has grown to operate in 38 states in U.S. during 2020 alone. Through the execution of this model, the Company is leveraging synergistic acquisitions and partnerships to generate revenue in the solar industry by providing renewable energy solutions to consumers and small businesses. 

With its initial focus in solar energy, the Company is building a foundation for future expansion opportunities including energy storage, charge points for electric vehicles and solar as a subscription.

The Transaction is subject to customary operational, financial, and legal due diligence and the successful execution of sale and purchase agreements. The Transaction is an arm’s length transaction and pursuant to the terms of the LOI the parties intend to sign a definitive agreement (the «Definitive Agreement») in respect of the transaction in January.

About Energy Wyze, LLC

EnergyWyze generates residential solar leads with pre-set appointments for solar installers nationwide. Our enhanced lead generation and CRM model goes beyond a typical web-form lead and allows us to generate a higher intent customer for our clients, which results in low cost per sale. Learn more at www.energywyze.com and for business owners www.solarcxm.com

About SinglePoint Inc.

SinglePoint Inc. is a company focused on providing renewable energy solutions to consumers and small commercial businesses. SinglePoint is committed to building the largest network of renewable energy solutions and modernizing the traditional model. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, the spinoff of nonenergy related assets, qualification for a national exchange, and future expansion, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact:

JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com

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SOURCE SinglePoint Inc.

North Hempstead Partners with Covanta for Sustainable Waste Management

NORTH HEMPSTEAD, N.Y., Jan. 12, 2021 /PRNewswire/ — Covanta (NYSE: CVA), a world leader in sustainable waste and energy solutions, today announced a new agreement with the Town of North Hempstead, NY for sustainable waste disposal. Instead of landfilling approximately 140,000 tons of waste annually, the Town will now utilize the <a target="_blank"…

NORTH HEMPSTEAD, N.Y., Jan. 12, 2021 /PRNewswire/ — Covanta (NYSE: CVA), a world leader in sustainable waste and energy solutions, today announced a new agreement with the Town of North Hempstead, NY for sustainable waste disposal. Instead of landfilling approximately 140,000 tons of waste annually, the Town will now utilize the Covanta Hempstead Waste-to-Energy facility located in Westbury, NY. The agreement commenced January 1, 2021, for an initial five-year term with options to extend for an additional 10 years.

A fixture in the community for over three decades, Covanta Hempstead sustainably manages waste from residents of various local municipalities by combusting it at extremely high temperatures to generate steam for electricity production. This process is widely recognized for reducing greenhouse gases by eliminating methane emissions from landfills.

«Covanta is thrilled to partner with the Town of North Hempstead to sustainably manage its waste,» said Rick Sandner, Covanta vice president and general manager. «The switch to a local Waste-to-Energy option is a huge win for the environment and will significantly reduce North Hempstead’s carbon footprint. Waste-to-Energy plays a vital role in the transition to a zero-carbon economy.»

Prior to the agreement with Covanta, the Town of North Hempstead utilized off-island landfills for the disposal of its residents’ municipal solid waste, hauling waste as far as 300 miles away. By switching to a local option, the town will eliminate 4,000 tons of carbon dioxide from vehicle emissions annually while simultaneously reducing truck traffic on Long Island’s busy highways. In addition, switching to Waste-to-Energy from landfill will eliminate approximately 140,000 tons of carbon dioxide equivalent that otherwise would have been generated.

«By partnering with Covanta and utilizing Waste-to-Energy as our primary means of waste disposal, the Town of North Hempstead is taking a meaningful step in making our community more sustainable,» said Supervisor Judi Bosworth. «Utilizing existing disposal infrastructure on Long Island makes good environmental and economic sense while minimizing the impact from the waste we generate.»

Covanta operates four Waste-to-Energy facilities on Long Island. The facilities in Westbury, West Babylon, East Northport and Ronkonkoma collectively process 1.8 million tons of waste, generate electricity to power 100,000 homes and recycle more than 55,000 tons of metal every year. 

About Covanta

Covanta is a world leader in providing sustainable waste and energy solutions. Annually, Covanta’s modern Waste-to-Energy facilities safely convert approximately 21 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle over 500,000 tons of metal. Through a vast network of treatment and recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions to some of today’s most complex environmental challenges. For more information, visit www.covanta.com.

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SOURCE Covanta Holding Corporation