Categoría: Geovanny Vicente

IRVINE, Calif., Feb. 22, 2021 /PRNewswire/ — DecisionPoint Systems, Inc. (OTCQX: DPSI), a leading provider and integrator of enterprise-grade wireline, mobility and wireless application solutions, is pleased to announce that it will begin trading today on the OTCQX Best Market, a significant upgrade from its former quotation on the Pink Market. The OTCQX Best Market is the highest market tier of OTC Markets, on which 11,000 U.S. and global securities trade.

«We’re excited to trade on the OTCQX Best Market. This is a noteworthy step for DPSI, and represents another milestone in our company’s evolution and the value growth it’s driving. On behalf of all our associates nationwide, we’ll work hard and are optimistic we will deliver increased enterprise value to our existing and future shareholders», said Steven Smith, CEO DecisionPoint Systems Inc. «Moving to the OTCQX Best Market is further validation of our achievements, even as we continue to rapidly execute on our expansion plans in our markets, current and planned.»     

About DecisionPoint Systems, Inc.
DecisionPoint Systems, Inc. is a provider and integrator of enterprise grade mobile wireless and wireline systems for business organizations. The company designs, sells, deploys and supports mobile and wireline computing systems that enable employees of its customers to access their data networks from virtually anywhere. (i.e. the retail selling floor, supply chain, warehouse and distribution centers, nurse’s workstations or from a vehicle on the road via enterprise-grade handheld computers, smart phones, tablets and printers). The company also integrates and deploys other forms of data capture equipment including bar code scanners and radio frequency identification (RFID) readers.

To learn more about DecisionPoint, visit www.decisionpoint.com. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Media Contact:

Carol Arakaki, DecisionPoint Systems, Inc., (949) 465-0065, ir@decisionpt.com

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SOURCE DecisionPoint Systems, Inc.

FREMONT, Calif., Feb. 22, 2021 /PRNewswire/ — Enovix Corporation («Enovix» or the «Company»), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, and Rodgers Silicon Valley Acquisition Corp. (Nasdaq: RSVA, RSVAU, RSVAW) («Rodgers» or «RSVAC»), a special purpose acquisition company («SPAC»), today announced that they have entered into a definitive agreement and plan of merger for a business combination that will result in Enovix becoming a publicly listed company. Upon closing of the transaction, which is expected to occur in the second quarter of 2021, the company will be named Enovix Corporation and is expected to remain listed on the Nasdaq Stock Market under the new ticker symbol, «ENVX».  The transaction reflects an estimated pro forma enterprise value for the combined company of approximately $1.128 billion.  

Enovix has designed, developed, and sampled advanced Lithium-ion batteries with energy densities five years ahead of current industry production. The company’s first products include batteries with energy densities as high as 900 Wh/L. This breakthrough alters a 30-year trajectory of energy density improvements (<4.4% annually) by the Li-ion battery industry, which is modest by the standards of Silicon Valley and Moore’s Law. Unlike traditional «jelly roll» Li-ion batteries, Enovix products are encased in precision stainless steel and manufactured with a high-speed precision stacking process. This proprietary 3D cell architecture enables Enovix to use silicon as the only active lithium cycling material in the anode.

The proceeds from this transaction will enable Enovix to build out its first two production facilities to support demand from blue chip customers in fast-growing mobile computing markets (wearables, mobile communications, PCs and AR/VR), totaling 1.78 GWh of capacity, while continuing to develop cells for EVs.

Harrold Rust, co-founder and Chief Executive Officer of Enovix, commented, «In 2007, the co-founders of Enovix set out to build a better battery by changing the cell architecture. Today, we stand at the threshold of producing the first advanced silicon-anode lithium-ion battery for mass-market applications from our U.S. manufacturing facility. Credit goes to the engineers and scientists of Enovix who designed and developed our advanced battery and our high-volume production operation. We are excited to partner with the accomplished team at RSVAC,» Rust added, «who understand that the success of any advanced product is the ability to produce it at scale. With their help and the capital provided by this transaction, Enovix will produce the advanced batteries that power our mobile future.»

T.J. Rodgers, Chairman and Chief Executive Officer of Rodgers and a member of the board of directors of Enovix, added, «Enovix has made industry-altering breakthroughs in two areas: battery design and battery manufacturing. Every chemistry professor has a better battery idea in his notebook. But only Enovix is building a world-class fab for actually putting a high-energy density silicon anode battery into the hands of the world’s leading technology companies. The company will have a big impact on products in mobile computing, wearables, and ultimately electric vehicles. Enovix has spent 13 years doing difficult work and refused to compromise on engineering integrity. Its toughness led Enovix to today’s transaction, and billions of consumers stand to benefit.»

«In my career, I have seen many claims of battery breakthroughs. But Enovix stands apart in that it has actually sampled cells based on its innovative architecture with leading customers and has a credible plan to manufacture at scale,» said Greg Reichow, a member of the board of directors of Enovix, a Partner at Eclipse Ventures and former VP of Production for Tesla. «Enovix has already delivered batteries with record-setting energy densities to customers and will do so at scale as soon as next year,» Reichow added.

Joseph Malchow, founding partner at the venture capital fund Hanover Technology, and a Rodgers board member, commented, «The last speed limiter on how software can enhance our lives is battery energy density. Enovix technology alleviates those limits. When your vehicle’s computer can run another GPU core, you get home safely. When your phone can conduct real-time depth sensing, your video calls with family are more immersive. When your smartwatch can run a neural network locally, your health data is more secure. I am proud of Enovix’s twin breakthroughs in battery design and manufacturing, and we are honored to help them reach the public market.»

As part of the deal, Enovix will retain its highly experienced management team, led by co-founder and CEO Harrold Rust, while gaining new board members Manny Hernandez and Dan McCranie from the Rodgers team.

Transaction Overview

The transaction reflects an implied pro forma enterprise value of $1.128 billion. Upon the closing of the business combination, and assuming no redemptions of shares of Rodgers by its public stockholders, Enovix will receive approximately $385 million in net cash, after expenses. The proceeds will be funded through a combination of approximately $230 million cash in trust by Rodgers and a $175 million concurrent PIPE of common stock issued at $14 per share, anchored by leading institutional investors.

The boards of directors of both Enovix and Rodgers have unanimously approved the proposed transaction, which is expected to be completed in the second quarter of 2021. The transaction is subject to, among other things, the approval of the stockholders of both Enovix and Rodgers, satisfaction or waiver of the conditions stated in the definitive merger agreement (the «Merger Agreement») and other customary closing conditions, including a registration statement on Form S-4 being declared effective by the U.S. Securities and Exchange Commission (the «SEC»), the receipt of certain regulatory approvals, and approval by The Nasdaq Stock Market LLC to list the securities of the combined company. 

Additional information about the proposed transaction, including a copy of the Merger Agreement and investor presentation, will be provided in a Current Report on Form 8-K to be filed by Rodgers with the SEC and available at www.sec.gov. Additional information about the proposed business combination will be described in Rodgers’s registration statement on Form S-4 relating to the proposed business combination, which will include a proxy statement/prospectus, and other documents regarding the proposed business combination, each to be filed with the SEC.

Advisors

Oppenheimer & Co. Inc. is serving as financial advisor, and Loeb & Loeb LLP is serving as legal advisor to Rodgers Silicon Valley Acquisition Corp. Oppenheimer & Co. Inc. and Williams Trading, LLC are serving as placement agents on the PIPE offering. Cooley LLP is serving as legal advisor to Enovix, and Winston & Strawn LLP is serving as legal advisor to the placement agents.  

Investor Presentation and Video Presentation Information 

Investors may view an investor presentation and a pre-recorded video presentation discussing the proposed business combination. To access those presentations, please visit Enovix’s website at www.enovix.com

About Enovix

Enovix is the leader in advanced silicon-anode lithium-ion battery development and production. The Company’s proprietary 3D cell architecture increases energy density and maintains high cycle life. Enovix is building the first advanced silicon-anode lithium-ion battery production facility in the U.S. The Company’s initial goal is to provide designers of category-leading mobile devices with a high-energy battery so they can create more innovative and effective portable products. Enovix is also developing its 3D cell technology and production process for the electric vehicle and energy storage markets to help enable widespread utilization of renewable energy. For more information, go to www.enovix.com.

About Rodgers Silicon Valley Acquisition Corp.

Rodgers Silicon Valley Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. RSVAC’s mission is to provide fundamental public technology investors with early access to an excellent Silicon Valley technology company with a focus on green energy, electrification, storage, Smart Industry (IoT), Artificial Intelligence and the new automated-manufacturing wave. For more information, go to www.rodgerscap.com.

Additional Information about the Transaction and Where to Find It

In connection with the proposed business combination, Rodgers will file a registration statement on Form S-4 containing a proxy statement/prospectus (the «Form S-4») with the SEC. The Form S-4 will include a proxy statement to be distributed to holders of Rodgers’s common stock in connection with Rodgers’s solicitation of proxies for the vote by Rodgers’s stockholders with respect to the proposed transaction and other matters as described in the Form S-4, as well as the prospectus relating to the offer of securities to be issued to Enovix’s stockholders in connection with the proposed business combination. After the Form S-4 has been filed and declared effective, Rodgers will mail a definitive proxy statement, when available, to its stockholders. Investors and security holders and other interested parties are urged to read the Form S-4, any amendments thereto and any other documents filed with the SEC carefully and in their entirety when they become available because they will contain important information about Rodgers, Enovix and the proposed business combination. Additionally, Rodgers will file other relevant materials with the SEC in connection with the business combination. Copies may be obtained free of charge at the SEC’s web site at www.sec.gov. Securityholders of Rodgers are urged to read the Form S-4 and the other relevant materials when they become available before making any voting decision with respect to the proposed business combination because they will contain important information about the business combination and the parties to the business combination. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in Solicitation

Rodgers and its directors and officers may be deemed participants in the solicitation of proxies of Rodgers’s shareholders in connection with the proposed business combination.  Security holders may obtain more detailed information regarding the names, affiliations, and interests of certain of Rodgers’s executive officers and directors in the solicitation by reading Rodgers’ Form S-4 and other relevant materials filed with the SEC in connection with the business combination when they become available. Information about Rodgers’ directors and executive officers and their ownership of Rodgers common stock is set forth in Rodgers’ prospectus, dated December 1, 2020, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. These documents can be obtained free of charge from the sources indicated above. Information concerning the interests of Rodgers’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, will be set forth in the Form S-4 relating to the proposed business combination when it becomes available.

Enovix and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the stockholders of Rodgers in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed business combination will be included in the Form S-4 for the proposed business combination.

No Offer or Solicitation

This press release is not an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

Forward-Looking Statements

Certain statements made in this press release are «forward-looking statements» within the meaning of the «safe harbor» provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as «target,» «believe,» «expect,» «will,» «shall,» «may,» «anticipate,» «estimate,» «would,» «positioned,» «future,» «forecast,» «intend,» «plan,» «project,» «outlook» and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Examples of forward-looking statements include, among others, statements made in this press release regarding the proposed transactions contemplated by the Merger Agreement, including the benefits of the proposed business combination, integration plans, expected synergies and revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth, the expected management and governance of the combined company, and the expected timing of the proposed business combination. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Rodger’s and Enovix’s managements’ current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Actual results and outcomes may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results and outcomes to differ materially from those indicated in the forward-looking statements include, among others, the following: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the Merger Agreement; (2) the outcome of any legal proceedings that may be instituted against Rodgers and Enovix following the announcement of the Merger Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the stockholders of Rodgers and Enovix, certain regulatory approvals, or satisfy other conditions to closing in the Merger Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Merger Agreement or could otherwise cause the transaction to fail to close; (5) the failure to meet the minimum cash requirements of the Merger Agreement due to Rodgers stockholder redemptions and the failure to obtain replacement financing; (6) the inability to complete the concurrent PIPE; (7) the failure to meet projected development and production targets; (8) the impact of COVID-19 pandemic on Enovix’s business and/or the ability of the parties to complete the proposed business combination; (9) the inability to obtain or maintain the listing of Rodger’s shares of common stock on Nasdaq following the proposed business combination; (10) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (11) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of Enovix to grow and manage growth profitably, and retain its key employees; (12) costs related to the proposed business combination; (13) changes in applicable laws or regulations; (14) the possibility that Rodgers or Enovix may be adversely affected by other economic, business, and/or competitive factors; (15) risks relating to the uncertainty of the projected financial information with respect to Enovix; (16) risks related to the organic and inorganic growth of Enovix’s business and the timing of expected business milestones; (17) the amount of redemption requests made by Rodgers’s stockholders; and (18) other risks and uncertainties indicated from time to time in the final prospectus of Rodgers for its initial public offering dated December 1, 2020 filed with the SEC and the Form S-4 relating to the proposed business combination, including those under «Risk Factors» therein, and in Rodgers’s other filings with the SEC.  Rodgers cautions that the foregoing list of factors is not exclusive. Rodgers and Enovix caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Rodgers and Enovix do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions, or circumstances on which any such statement is based, whether as a result of new information, future events, or otherwise, except as may be required by applicable law. Neither Enovix nor Rodgers gives any assurance that either Enovix or Rodgers, or the combined company, will achieve its expectations.

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SOURCE Enovix

IRVINE, Calif., Feb. 22, 2021 /PRNewswire/ — Kia Motors America and B.R.A.K.E.S. (Be Responsible and Keep Everyone Safe) today announced a renewal of their partnership and continued commitment to reducing injuries and saving lives by providing teens and their parents with the tools they need to be responsible behind the wheel. Founded in 2008, B.R.A.K.E.S. combines classroom instruction with hands-on-defensive driver training courses in Kia vehicles for both teen drivers and their parents. Along with their teens, parents are asked to participate as a way to reinforce the lessons teens learn during the classes and as a way to identify and correct any bad habits that may have developed through the years since they themselves began driving. 

The first B.R.A.K.E.S. classes of the year took place this past weekend, February 20-21, at the zMax Dragway in Charlotte, North Carolina. Pandemic depending, additional classes to be scheduled across the country when appropriate. All CDC guidelines will be strictly adhered to and B.R.A.K.E.S. is implementing routine cleaning and disinfecting of all classrooms, touchpoints and vehicles to ensure the safety of students, parents and instructors. In addition, B.R.A.K.E.S. has reduced class sizes and will adhere to social distancing and mask wearing guidelines. To register for a class or to view the full upcoming schedule, visit www.putonthebrakes.org.

«The number-one cause of death among teens are car crashes. Education and real-word training are two of the most important ways we can facilitate a change and make a difference in that area, but it wouldn’t be possible without Kia’s help and the fleet of training vehicles the company provides,» said Doug Herbert, drag-racing-champion and founder of B.R.A.K.E.S. «It’s impossible to gauge the exact number of lives the B.R.A.K.E.S schools have saved over the last 13 years. In total, we have trained more than 94,000 teens and their parents. But even if we can only say for certain that we saved just one life, it would all be worth it. The ongoing commitment and support from Kia allow us to continue making America’s roads safer for everyone and for that we are grateful.»

Kia serves as the Official Vehicle and a presenting sponsor of B.R.A.K.E.S., and through the automaker’s support, B.R.A.K.E.S. can offer free training for all attendees. Kia’s sponsorship helps by offsetting costs through a financial donation and the fleet of 44 Kia vehicles, including Soul, Rio and Forte models that are supplied by Kia for each training class.

«Kia is committed to vehicle and road safety, and our partnership with B.R.A.K.E.S. is an important way for us to strengthen our efforts to ‘Accelerate The Good’ through tangible action,» said Russell Wager, vice president, marketing, Kia Motors America. «We congratulate B.R.A.K.E.S. for the life-saving work they have made their mission and Kia is proud to continue our collaboration for years to come.»

Each B.R.A.K.E.S. school includes four hours of training, starting with a short, 45-minute classroom presentation followed by nearly three hours behind the wheel using new Kia vehicles as part of the practical demonstrations. The program includes distracted driving awareness, panic braking, drop-wheel/off-road recovery, crash avoidance and car control/skid recovery – all among the biggest causes of crashes for new drivers. Other educational elements often include ‘Big Rig’ safety, first responder vehicle extrication demonstration, and what to do in the event of a traffic stop.

About Kia Motors America

Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the «Official Automotive Partner» of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.*

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

About B.R.A.K.E.S.

Doug Herbert’s B.R.A.K.E.S. (Be Responsible and Keep Everyone Safe) is a GuideStar Platinum-rated 501(c)3 non-profit whose mission is to prevent injuries and save lives by training and educating teenage drivers and their parents about the importance of safe and responsible driving. B.R.A.K.E.S. was founded in 2008 after Top Fuel drag racer Doug Herbert lost his two young sons, Jon and James, in a tragic car crash. Today, 30,000 teens from 43 different states and five countries – and their parents – have graduated from the B.R.A.K.E.S.’ intensive half-day training course, which is free of charge and features hands-on skills exercises taught by professional instructors in a fleet of new vehicles donated by Kia Motors America.

 

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SOURCE Kia Motors America

IRVINE, Calif., Feb. 22, 2021 /PRNewswire-HISPANIC PR WIRE/ — Kia Motors America and B.R.A.K.E.S. (Be Responsible and Keep Everyone Safe) today announced a renewal of their partnership and continued commitment to reducing injuries and saving lives by providing teens and their parents with the tools they need to be responsible behind the wheel. Founded in 2008, B.R.A.K.E.S. combines classroom instruction with hands-on-defensive driver training courses in Kia vehicles for both teen drivers and their parents. Along with their teens, parents are asked to participate as a way to reinforce the lessons teens learn during the classes and as a way to identify and correct any bad habits that may have developed through the years since they themselves began driving. 

The first B.R.A.K.E.S. classes of the year took place this past weekend, February 20-21, at the zMax Dragway in Charlotte, North Carolina. Pandemic depending, additional classes to be scheduled across the country when appropriate. All CDC guidelines will be strictly adhered to and B.R.A.K.E.S. is implementing routine cleaning and disinfecting of all classrooms, touchpoints and vehicles to ensure the safety of students, parents and instructors. In addition, B.R.A.K.E.S. has reduced class sizes and will adhere to social distancing and mask wearing guidelines. To register for a class or to view the full upcoming schedule, visit www.putonthebrakes.org.

«The number-one cause of death among teens are car crashes. Education and real-word training are two of the most important ways we can facilitate a change and make a difference in that area, but it wouldn’t be possible without Kia’s help and the fleet of training vehicles the company provides,» said Doug Herbert, drag-racing-champion and founder of B.R.A.K.E.S. «It’s impossible to gauge the exact number of lives the B.R.A.K.E.S schools have saved over the last 13 years. In total, we have trained more than 94,000 teens and their parents. But even if we can only say for certain that we saved just one life, it would all be worth it. The ongoing commitment and support from Kia allow us to continue making America’s roads safer for everyone and for that we are grateful.»

Kia serves as the Official Vehicle and a presenting sponsor of B.R.A.K.E.S., and through the automaker’s support, B.R.A.K.E.S. can offer free training for all attendees. Kia’s sponsorship helps by offsetting costs through a financial donation and the fleet of 44 Kia vehicles, including Soul, Rio and Forte models that are supplied by Kia for each training class.

«Kia is committed to vehicle and road safety, and our partnership with B.R.A.K.E.S. is an important way for us to strengthen our efforts to ‘Accelerate The Good’ through tangible action,» said Russell Wager, vice president, marketing, Kia Motors America. «We congratulate B.R.A.K.E.S. for the life-saving work they have made their mission and Kia is proud to continue our collaboration for years to come.»

Each B.R.A.K.E.S. school includes four hours of training, starting with a short, 45-minute classroom presentation followed by nearly three hours behind the wheel using new Kia vehicles as part of the practical demonstrations. The program includes distracted driving awareness, panic braking, drop-wheel/off-road recovery, crash avoidance and car control/skid recovery – all among the biggest causes of crashes for new drivers. Other educational elements often include ‘Big Rig’ safety, first responder vehicle extrication demonstration, and what to do in the event of a traffic stop.

About Kia Motors America

Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the «Official Automotive Partner» of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.*

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

About B.R.A.K.E.S.

Doug Herbert’s B.R.A.K.E.S. (Be Responsible and Keep Everyone Safe) is a GuideStar Platinum-rated 501(c)3 non-profit whose mission is to prevent injuries and save lives by training and educating teenage drivers and their parents about the importance of safe and responsible driving. B.R.A.K.E.S. was founded in 2008 after Top Fuel drag racer Doug Herbert lost his two young sons, Jon and James, in a tragic car crash. Today, 30,000 teens from 43 different states and five countries – and their parents – have graduated from the B.R.A.K.E.S.’ intensive half-day training course, which is free of charge and features hands-on skills exercises taught by professional instructors in a fleet of new vehicles donated by Kia Motors America.

Logo – https://mma.prnewswire.com/media/812837/Kia_Motors_America_Logo.jpg

SOURCE Kia Motors America

BROOKNEAL, Va., Feb. 22, 2021 /PRNewswire/ — Foster Fuels has been delivering fuel to critical infrastructure and crews working to restore power in the aftermath of the 2021 Texas ice storms that left more than four million people without power.  Initially dispatching around two dozen trucks, the count has grown to more than 110, delivering diesel fuel and gasoline after an emergency fuel activation from FEMA.

Since the storm devastated access to local fuel reserves within Texas, Foster has been sourcing fuel from 12 states, as far away as Utah and Ohio.  So far, Foster has dispensed around 500,000 gallons of fuel.  Providing support to crews from American Electric Power, 15 data centers, four hospitals, and four locations storing doses of the COVID vaccine has been no easy task, especially with hazardous conditions.  

Senior Vice President, Will Rohrig, had this to say, «Road travel has been challenging as our trucks move further south, but we have been able to use information from DOT and highway webcams to direct our team in the safest route.  Not only do we have our eyes on the road, but also on keeping our drivers and the public safe from COVID.  The vast majority of our drivers are vaccinated, and all are following appropriate protocols.»

This marks the end of one full week of relief efforts in Texas. Foster expects their mission will continue for at least one to two more weeks. Rohrig said, «We are proud of the men and women working hard to help those affected and we look forward to all of them returning home safely to their families.»

Established in 1921, Foster Fuels, Inc. is a privately held corporation, providing downstream distribution of diesel, gasoline, Jet A, and propane to residential, commercial, and government customers. Foster Fuels operates an award-winning emergency fuel division specializing in business continuity and disaster recovery solutions. More information about Foster Fuels can be found at https://www.fosterfuelsmissioncritical.com/.

If you would like more information about this topic, please call David Fredriksen at (434) 376-2322 or email 292034@email4pr.com

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SOURCE Foster Fuels, Inc.

HSINCHU CITY, Taiwan, Feb. 22, 2021 /PRNewswire/ — An increasing emphasis on protecting the environment has led to the adoption of a number of stricter environmental protocols around the globe. In addition to the world’s governments, private companies are now under increasing pressure to comply, usually with one of two outcomes: they flounder and go out of business or they adapt and grow in the face of this growing climate crisis.

One industry in particular has faced mounting concerns over the negative effects of greenhouse gases: the fire-extinguishing-agent industry. Because of this, several companies in this industry have been working to develop products that will not cause any harm to the environment or to humans.

Earlier this year, a Taiwanese company named Win Time Technology introduced a revolutionary eco-friendly, plant-based fire-extinguishing agent at NoAW (No Agricultural Waste)—a European Horizon 2020 research and development project, and this innovation received widespread recognition and praise from more than 200 experts and scholars from 20 countries.

Founded in 2001, Win Time has dedicated itself to developing environmentally friendly solutions for over 20 years. «Participating in this EU project, with an aim to preventing global warming and protecting the planet’s natural resources, was just the first step for us in going global,» stated Wilson Hsu, the chairperson of Win Time.

The plant-based agent that Win Time has developed includes milk bush, Emilia sonchifolia, mint, dried ginger, illisiium verum, Phellodendron amurense, Skullcaplike Coleus, among others. This product has also met a variety of international standards, including toxicity-free tests (SGS PFAS, fluorine-free, chlorine-free), SGS biodegradability, and heavy metal tests.

«We are currently the only company that has received fire-extinguisher certifications in both China and Taiwan,» Hsu commented. «And we are ready to enter the global market,» he added confidently.

According to Win Time, traditional fire extinguishers have several problems, and the level of contamination they produce can cause more damage than is necessary. For example, polyfluoroalkyl, a common component in the foam type of fire-extinguishing agent, is a persistent synthetic chemical substance that does not easily decompose after being released into the environment. Even worse, it is a confirmed carcinogenic risk after it has been accumulated in the body.

Win Time’s plant-based raw materials are much safer. In fact, they are more skin and lung friendly to users, and some of them are safe enough to be directly drinkable. In addition, their fire-extinguishing efficiency is superior to that of conventional products. What’s more, the company says that with these plant-based materials, the visibility of the surrounding environment remains clear, even in a confined space. And after it has been used, the biodegradability of the agent is greater than 97 percent, which means it can be directly discharged after being diluted with water, without causing any pollution to the environment. It can also be used as a cleanser after a fire. «It is in line with energy saving and carbon reduction as well as the circular economy and green supply chain,» Hsu further explained.

A host of countries and private companies have recently announced major commitments to significantly cut their carbon emissions, promising to reach «net zero» by 2050. According to the Intergovernmental Panel on Climate Change (IPCC), fire extinguishers have been defined as sources of greenhouse gas emissions. «It takes teamwork globally to protect our earth,» Hsu concluded. «So, we are ready to open our arms and willing to share our solutions with interested companies or manufacturers around the world.» 

For more information, please visit: www.engwintimecorp.com

Contact:
George Hu
0919563599
291949@email4pr.com

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SOURCE Win Time Technology

NEW YORK, Feb. 22, 2021 /PRNewswire/ — Universal Gamers Amateur Association (UGAA), an innovative leader in the education technology sector focused on career online education combined with eSports League gaming, announces that it has formed an equity partnership with NBA Hall of Famer Mitch Richmond’s ShaneED, an organization designed to give back to underserved minority communities through life-changing educational experiences.

ShaneED envisions a society in which relevant digital education is available to every student, regardless of financial status or social class. The organization provides access to educational opportunities for underserved communities and offers a sense of certainty and reliability in underserved communities or those who face financial misfortune. ShaneED’s goal is to uplift the African American and Hispanic communities by making education paths available to meaningful careers attainable for minority students.

Mitch Richmond, ShaneED’s Founder, and member of the NBA Hall of Fame stated:

«I’m proud to partner with UGAA, as there is a digital divide in our country, and it is organizations and programming like UGAA that will help keep kids in school by providing programming they actually want to learn that will lead to a promising career.»

Patrick Kenny, UGAA’s Chief Executive Officer said:

«Our equity partnership with ShaneED and Mitch Richmond’s team will allow us to have a laser like focus bringing our online educational, career, and engaging eSport League program to students and school systems in minority and underserved communities. Our commitment at UGAA is to attack Digital Disparity made so much worse by the Covid-19 pandemic, even more so in Black and Hispanic communities.

About UGAA

The UGAA program provides STEM, educational, leadership, and life skills courses with an eSport gaming component to school districts nationwide. Its goal is to serve the K-12 community. The Company taps into the demand for eSports and exciting and interesting educational STEM courses through its existing global Learning Management System to bring together regional school districts and national amateur youth leagues as an organized after-school educational and eSport gaming program.

About ShaneED

ShaneED focuses on making the maximum positive effort for our community. The Company’s members and volunteers provide the momentum that helps us affect change. Using data driven models, ShaneED provides solutions that make a long-lasting difference.

«UGAA, Our Founders, Board Members, Management Team and investors are committed to ending Digital Disparity. Our online educational curriculum, career oriented classes, online platform, and gaming league are all focused on underserved educational communities and working to close the gap in the Digital Divide in our lifetimes.»                             

Patrick Kenny – CEO UGAA

Investor Relations and Press Inquiries:
UGAA
Charles Davidson
+1 203 500 0851
292005@email4pr.com

Education Inquiries:
UGAA
Dejan Matic
+1 347 860 0024
292005@email4pr.com

ShaneED Inquiries
For more information about ShaneED, please contact us through our website portal found at  https://shaneed.org/.

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SOURCE Universal Gamers Amateur Association (UGAA)