Chris McLernon to lead global real estate services reporting to Jay Hennick

Davoud Amel-Azizpour named CEO of EMEA Region

TORONTO, April 25, 2022 (GLOBE NEWSWIRE) — Leading global professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced the appointment of Chris McLernon as Chief Executive Officer of Real Estate Services| Global. McLernon will be based in the firm’s global headquarters in Toronto, reporting to Global Chairman & CEO Jay Hennick. Davoud Amel-Azizpour, currently Chief Financial Officer of EMEA, will succeed McLernon as CEO of the EMEA region. Both appointments, which are effective July 1, 2022, reinforce Colliers’ continued leadership in the industry and commitment to accelerate the success of its people and clients.

McLernon will focus on overall growth, operational excellence, and client relationships within Colliers’ rapidly growing real estate services operations. He will have direct oversight of Colliers’ Capital Markets, Leasing and Outsourcing & Advisory businesses globally, with emphasis on accelerating growth, enhancing global collaboration, and strengthening our unique culture and way of doing business.

McLernon brings a wealth of experience growing Colliers’ businesses and has played an important role in building the Colliers brand into the leading global player it is today. Since joining the company in 1987, his enterprising spirit earned him increasingly senior positions culminating in his role of CEO of EMEA.

“Chris’ appointment reflects the success of his longstanding career with Colliers. Over the past 12 years as EMEA’s leader, Chris was instrumental in growing the region from $30 million to over $700 million in revenues while delivering exceptional client results, creating a great culture for our professionals, and driving operational excellence. With Chris’ experience, commitment, and track record as a leader, we are even better positioned to achieve our ambitious 2025 growth plan,” said Hennick.

Amel-Azizpour has extensive real estate experience, having worked closely with McLernon over the past nine years at Colliers, most recently as the CFO of EMEA. Amel-Azizpour is a trusted partner within the broader regional leadership team, with both the intimate knowledge of EMEA’s operations and strategic vision to advance Colliers’ position.

“Dav’s well-established reputation, deep understanding of our EMEA business, and his embodiment of Colliers’ unique culture makes him a natural fit to succeed Chris. I am confident he will excel in his new role and continue to drive growth and profitability throughout our EMEA business during this dynamic time,” continued Hennick. “Chris and Dav are both strategic, results-oriented leaders whose contributions to Colliers over many years make them ideal candidates to fulfill their new roles. I am extremely proud of both and excited to watch as they continue enhance the scale and reputation of our company in the years to come,” he concluded.

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.1 billion and more than $50 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

Media Contact:

Andrea Cheung
Global Manager, Communications
Andrea.Cheung@colliers.com
(416) 324-6402

Neeyamo Invites the Global Payroll Industry to Celebrate Global Payroll Week 2022

Neeyamo

CALIFORNIA, Md., April 25, 2022 (GLOBE NEWSWIRE) — Neeyamo, a market leader in providing global payroll and EOR solutions, is delighted to invite payroll enthusiasts for the fifth annual Global Payroll Week from 25-29 April 2022. Throughout the week, Neeyamo will recognize and acknowledge the exemplary efforts of global payroll professionals who constantly endeavor to scale higher peaks. It will also highlight the innovations transforming the industry with insights from various industry experts.

As global payroll continues to become an integral part of everyday business continuity, the Global Payroll Week aims to increase the skill level through education, training, and networking opportunities for the community at large.

From insights highlighting the challenges in payroll across regions, spotlight videos that include country-specific observations, and infographics detailing key facts, Neeyamo will showcase the current state of global payroll from its consultants worldwide.

Samuel Isaac, Senior Vice President – Strategy at Neeyamo, said, “Neeyamo is honored to sponsor the Global Payroll Week 2022 through its association with the American Payroll Association (APA). It is overwhelming to witness increased engagement in the fifth edition of this event. Even as remote work becomes the norm, the payroll community is closer than ever before. It is enthralling to witness payroll enthusiasts worldwide coming together to appreciate, celebrate, and acknowledge all the community’s hard work. This is an opportunity for Neeyamo to recognize their efforts and upskill them for the future world.”

Keep abreast of all the latest insights throughout this week-long event by following Neeyamo’s social media handles and the hashtag #globalpayweek.

About Neeyamo

Neeyamo is a leading technology-enabled global payroll and EOR solutions provider for multinational and micro-multinational corporations worldwide. With an extensive team of professionals serving clients across 190+ countries, Neeyamo leverages its unique service-based model and functionality-rich, next-generation HR & payroll products portfolio to help organizations enable agile and scalable business. To know more, visit www.neeyamo.com.

Media Contact: corporate.communications@neeyamo.com

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Image 1: Neeyamo

Global Payroll Week 2022

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Zcash Community Grants Committee Approves Two Grants Totalling $420,000 for the Production and Distribution of Educational Zcash Content

OTTAWA, April 25, 2022 (GLOBE NEWSWIRE) — As part of our commitment to foster the growth and adoption of Zcash, the Zcash Community Grants Committee recently awarded 37 Laines, an award-winning film production house based in Los Angeles, two grants totalling $420,000 USD, which will be used for the production and distribution of high-quality Zcash educational content.

These grants have allowed 37 Laines to collect more than 30 hours of insightful educational footage from industry leaders in the cryptocurrency space, including Ethereum’s founder, Vitalik Buterin, and the Electric Coin Company’s CEO, Zooko Wilcox. 37 Laines has also launched Zcash Media, a multi-platform educational hub for distributing Zcash content, which they will use to manage the world premiere of their first two Zcash educational videos.

The first video, which was recently released on the Zcash Media YouTube and Odysee channels, tells a compelling story about the history of money, the origins of cryptocurrencies, and the importance of a truly private digital currency like Zcash.

On April 29th, 37 Laines will release their second video, which will focus on what is arguably the largest upgrade to the Zcash protocol since the launch of Zcash in 2016. This network upgrade (NU5) will be an incredible milestone for the developers of Zcash, as it will implement significant protocol improvements such as increased security as well as privacy by default for all Zcash transactions.

The added security from this network upgrade has presented the opportunity to finally reveal one of Zcash’s best-kept secrets – the identity of John Dobbertin. John Dobbertin was a pseudonymous participant in the Zcash setup process in 2016 whose identity was never revealed. However, this will soon change.

We are at the dawn of a new era of massively amplified learning, creativity and innovation. There now exists the means to make Zcash accessible to everyone in most parts of the world, and there are also adaptable digital learning tools to personalize the way everyone learns about Zcash.

“Crypto in general, and more specifically Bitcoin, is often portrayed as an anonymous and untraceable method of payment. This depiction implies that users can transact anonymously, without exposing their identity. However, this is not true,” said Jason McGee of the Zcash Community Grants Committee.

“By funding 37 Laines to produce and distribute top notch Zcash educational content, the Zcash Community Grants Committee aims to use learning tools to empower individuals all around the world to make informed decisions about their financial privacy,” said Brian, Zcash Community Grants Committee member.

“Our passion at 37 Laines has always been to tell stories about topics that matter and help make the world a better place. We saw the need for privacy in these new digital financial technologies as one of the issues that really matters as it helps maintain the safety of users and fight the types of mass digital surveillance we hear about every day,” said Natasha Mynhier of 37 Laines.

About Zcash Community Grants

Zcash Community Grants is a community-elected grants committee that funds Zcash-related projects in order to bring financial privacy to everyone in the world. Zcash Community Grants seeks to fund projects that advance the usability, security, privacy, and adoption of Zcash. The committee will consider grants of all sizes: from individual hobbyists, to larger organizations such as wallet developers and others – to build applications on top of the Zcash protocol. The goal of the Zcash Community Grants program is to tap into wider networks of crypto users and infrastructure, ultimately accelerating the growth and impact of Zcash.

About 37 Laines (Contributors of Zcash Media)

37 Laines is an award-winning film production house run by Natasha Mynhier and Jeff Hammerton. Out of their office in Santa Monica, CA, 37 Laines produces high quality creative work for clients across the US, including branded content, commercials, short films, music videos, documentaries and more.  Their team has created content for brands like Netflix, Marvel, ESPN, and Vogue, supported directors like Vincent Peone and Shruti Ganguly, and most recently won a Gold Award at the 2020 Young Director’s Awards for their short film, In a Beat.

Contact Information:

Want to learn more about Zcash? We invite you to visit @Zcash on Twitter!

Zcash Community Grants
Email: press@zfnd.org

U.S. Polo Assn. Opens New Flagship Store in São Paulo, Brazil

Brand expands in Brazil with new partner Alpar do Brasil

U.S. Polo Assn.

U.S. Polo Assn.

SAO PAULO, April 25, 2022 (GLOBE NEWSWIRE) — Global, sport-inspired fashion brand U.S. Polo Assn., the official brand of the United States Polo Association (USPA), is opening its first store in Brazil this April, in partnership with its Brazil Licensee, Alpar do Brasil. The 1000-sq.-ft. flagship store is located at Morumbi Mall, in São Paulo.

Additional store openings are planned in Brazil for later this year and beyond, anticipating more than 60 stores across the country over the next five years. An e-commerce site is slated to launch this month as well.

The flagship store will house the latest men’s and women’s sportswear collection. Stylish shoppers on the Southern coast of Brazil can now enjoy one of the world’s most celebrated lifestyle brands. Shoppers will also experience the classic contemporary store design concept, with coordinated color collections and design touches that evoke the authentic connection between the U.S. Polo Assn. brand and the sport of polo. Colorful polo shirts will be the center of attention and U.S. Polo Assn.’s classic red, white and blue will be highlighted among other fall-inspired colors. The Fall Winter 2022 Collection will be showcased as well and is divided into three capsules focusing on important seasonal trends.

The store will be celebrating its official opening on Thursday, April 28, 2022. This special event will include product giveaways, polo players and influencers, with special guest appearances and much more. 

U.S. Polo Assn.’s design inspiration comes from the sport of polo and its spirited tradition. Collections from U.S. Polo Assn. represent the heritage of the brand but are told in the most contemporary and stylish way. U.S. Polo Assn. is worn by players and followers of one of the most exciting sports in the world. Today, U.S. Polo Assn. is an instantly recognizable lifestyle brand with a multi-billion-dollar global footprint operating across 194 countries.

“We have been eager to expand our global brick-and-mortar strategy in Brazil,” J. Michael Prince, President & CEO of USPA Global Licensing, the company that manages and markets the U.S. Polo Assn. brand across 194 countries, said of the launch in Brazil. “We are thrilled to partner with Alpar do Brasil, an outstanding leader in the retail industry in this country. We look forward to building and developing our partnership in the coming years with more stores and a strong digital presence.”

The iconic U.S. Polo Assn. brand is being brought to Morumbi Mall by the brand’s licensing partner, Alpar do Brasil, which partners with some of the leading sport and fashion brands in the world. “The country of Brazil is favorable to production, sales, technology, increase in jobs and productivity, both for the textile and clothing sectors,” explains Marcus Vinicius Conte, CEO of Alpar do Brasil. “It is the ideal time to partner with U.S. Polo Assn., a global leader in sport-inspired lifestyle apparel, footwear and accessories. We know that the Brazilian market will love what this partnership has to offer, both in-store and online.”

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the nonprofit governing body for the sport of polo in the United States and one of the oldest sports governing bodies, having been founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through some 1,200 U.S. Polo Assn. retail stores, department stores, sporting goods channels, independent retailers and e-commerce, U.S. Polo Assn. offers apparel for men, women, and children, as well as accessories and footwear in 194 countries worldwide. Ranked the fifth largest sports licensor in License Global magazine’s 2020 list of “Top 150 Global Licensors,” U.S. Polo Assn. is named alongside such iconic sports brands as the National Football League, the National Basketball Association and Major League Baseball. Visit uspoloassnglobal.com. More information: https://www.instagram.com/uspoloassnbr/ https://uspoloassn.com.br/

USPA Global Licensing Inc. (USPAGL) is the for-profit subsidiary of the USPA and its exclusive worldwide licensor. USPAGL manages the global, multi-billion-dollar U.S. Polo Assn. brand and is the steward of the USPA’s intellectual properties, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPAGL also manages Global Polo TV, the world’s leading digital platform with polo and lifestyle content. In addition, USPAGL partners with ESPN and BeIN Sports globally to share the sport of polo broadcasts on television and on-demand to millions of viewers around the world. For more polo content, visit globalpolo.com.

Alpar do Brasil has been operating in the field of footwear, clothing and sporting goods since 1997, serving retailers of all sizes. Over the years, several brands have been incorporated into their portfolio, due to the many recognitions they have received. Today they are the largest operator of leading brands in Brasil, with oversight of brand positioning and meeting the criteria of their partners. Alpar do Brasil teams are fully dedicated to achieving goals and establishing strong relationships and complete client satisfaction. For more information: https://www.alpardobrasil.com.br.

For further information contact: 

Simone Oliveira – +55 51 3441-1000  simone.oliveira@alpardobrasil.br (Brazil Press queries)

Stacey Kovalsky – skovalsky@uspagl.com (U.S. Polo Assn. United States HQ)

Related Images

Image 1: U.S. Polo Assn.

U.S. Polo Assn.

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EV Technology Group prepares for global growth with the appointment of former Lotus executive Dan Burge as Chief Product Officer and the opening of new United States office

Dan Burge, EVT Group Chief Product Officer

Dan Burge, EVT Group Chief Product Officer

TORONTO, April 25, 2022 (GLOBE NEWSWIRE) — EV Technology Group Ltd. (the “Company” or “EV Technology Group”) (NEO: EVTG) (DE: B96A) announces today that it has strengthened its leadership team with the appointment of Dan Burge as Chief Product Officer, effective immediately. Dan Burge is a highly experienced global automotive industry executive, with over 20 years of high-level commercial, operational and technical roles.

Dan Burge will play a key role in building out the product team at EV Technology Group, focusing on incubating new models, brands and other opportunities. He will also open and run a newly formed US office for EV Technology Group, based in California.

Dan is joining from Radford where he was CEO. Previous roles have included Commercial Director of Lotus Engineering, and senior commercial and programme roles at Williams Advanced Engineering and Prodrive Automotive Technologies.

Dan Burge, EVT Group Chief Product Officer

“I am extremely pleased to have Dan join the team as Chief Product Officer. The combination of his product design, commercial and engineering experience are a perfect fit for EV Technology Group,” said Wouter Witvoet, CEO of EV Technology Group.

“I am delighted to be joining the EV Technology Group,” said Dan Burge, Chief Product Officer. “This is a hugely exciting opportunity and the perfect time to start. I am looking forward to working closely with Wouter and other members of the talented leadership team that is now being assembled. I will be utilising the huge experience I have garnered with leading global automotive brands to develop and launch a portfolio of iconic, electrified brands. Vehicles that will recapture the joy of motoring. It’s great to be part of what will be a hugely exciting future for EV Technology Group.”

EV Technology Group

EV Technology Group was founded in 2021 with the mission of accelerating the adoption of electric vehicles, and the vision to champion the joy of motoring in an electric world. As passionate investors and operators of EV technology companies, EV Technology Group’s mission is driven by three core tenets: electric vehicles are the future; EVs will transform the way people live, work, and play; and there is an opportunity to accelerate the adoption of this technology by electrifying iconic driving experiences. To learn more visit: https://evtgroup.com/

Media
Rachael D’Amore
rachael@talkshopmedia.com
+1-519-564-9850

Investor Relations
Dave Gentry
dave@redchip.com
+1-407-491-4498

EV Technology Group
Wouter Witvoet
CEO and Chairman of the Board
wouter@evtgroup.com

Forward-Looking Information

This news release contains forward-looking statements including, but not limited to, the appointment of Dan Burge and statements about the Company’s strategies, expectations, planned operations or future actions. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements, including those factors discussed under “Risk Factors” in the filing statement of the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except where required by law. There can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/203ac46b-8223-4de0-bbd6-b2b5467b3ce2

S-PLANE’s X-KIT Selected for Airbus UpNext’s Extra Performance Wing Project

S-PLANE Automation’s X-KIT has been selected by Airbus UpNext for its Extra Performance Wing demonstrator project. The X-KIT will be used to safely and reliably ensure the remote control of a Cessna Citation VII business jet that will fly breakthrough wing technologies.

Cessna Citation VII Business Jet

Cessna Citation VII Business Jet

CAPE TOWN, South Africa, April 25, 2022 (GLOBE NEWSWIRE) — S-PLANE Automation has announced that its X-KIT has been selected by Airbus UpNext for its Extra Performance Wing demonstrator project. The X-KIT will be used to safely and reliably ensure the remote control of a Cessna Citation VII business jet that will fly breakthrough wing technologies.

S-PLANE’s X-KIT is a set of airborne and ground equipment facilitating the conversion of human-piloted aircraft into prototype and production Unmanned Airborne Systems (UAS) or Optionally Piloted Systems (OPS). At the heart of the X-KIT is an appliance known as the X-CUBE. According to Dr. Iain Peddle, S-PLANE’s Chief Technical Officer: “The X-CUBE interfaces with all the necessary aircraft sub-systems, such as fuel, engine, electrical power, communication and hydraulic systems to manage and control them.”

The X-KIT also includes a selection of satellite and line-of-sight RF datalinks. This communication equipment reliably links the aircraft to S-PLANE’s ground station equipment, such as remote piloting stations and payload operator stations running S-PLANE’s highly configurable ParagonC2 and ParagonISR software. An Integration Testing Station (ITS) facilitates fast and high-fidelity testing of the integrated system for formal acceptance testing of integrated systems.

“S-PLANE is highly experienced at the conversion of fixed-wing and rotary-wing aircraft into UAS and OPS, having done so for more than 13 years”, says Dr. Thomas Jones, S-PLANE’s Chief Executive Officer. “This experience allows us to support safe, fast and affordable conversions, even for unconventional aircraft”.

Moreover, S-PLANE readily supplies their solutions to clients intending to certify their airborne systems. Therefore, the necessary X-KIT equipment is developed according to high design assurance levels and the applicable environmental qualification standards. “S-PLANE not only supplies the X-KIT, but supports clients with system design and engineering, configuration, integration, flight testing and certification activities. With this approach our clients optimally benefit from our experience and can be sure that our equipment is properly configured within their larger system,” says Dr. Jones.

Recent examples of public domain projects are listed on S-PLANE’s website, including Tecnam’s P2006T used for Indra’s TARGUS OPS programme and Stemme ES-15-based manned and unmanned airborne surveillance systems.

Press Contact Information: info@s-plane.com and www.s-plane.com

Related Images

Image 1: Cessna Citation VII Business Jet

S-PLANE’s X-KIT will be used to safely and reliably ensure the remote control of a Cessna Citation VII business jet that will fly breakthrough wing technologies

Image 2: S-PLANE’s X-CUBE Avionics Appliance

At the heart of the X-KIT is an appliance known as the X-CUBE.

Image 3: S-PLANE’s Remote Piloting Station

The X-KIT includes Remote Piloting Stations with various piloting modes for UAVs and OPVs.

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Wood Mackenzie scales renewable markets data reach as Canadian Solar joins Lens Power Development Partner Program

Lens® decision intelligence platform pinpoints investment opportunities in utility-scale solar power and battery storage projects

Wood Mackenzie

Solar Irradiation

LONDON/HOUSTON/SINGAPORE, April 25, 2022 (GLOBE NEWSWIRE) — Wood Mackenzie welcomes Canadian Solar as a development partner for its industry-leading Lens® decision intelligence platform, which delivers live data across the industrial landscapes of every global economy.

Canadian Solar, (Nasdaq: CSIQ) one of the world’s largest solar technology companies, is the latest among leading companies across financial, manufacturing, renewable developer and utilities industries to collaborate with Wood Mackenzie (a Verisk business [Nasdaq: VRSK]) to connect the dots in the analysis of data across a rapidly changing energy landscape.

International pressure to decarbonize is intensifying and, through its continued addition of specialist organizations on all continents, Wood Mackenzie’s Lens platform has become instrumental in helping key players rapidly visualize, value, model and optimize energy assets, portfolios and companies.

Integration of renewable and conventional power sources in a single interface, drawing from Wood Mackenzie’s trusted commercial intelligence on the world’s natural resources sector, transforms how Lens Power customers drive investment strategy decisions and ignite growth plans.

Joe Levesque, Co-president for Wood Mackenzie states, “Battery storage capacity and hybrid solar-storage are on steep growth trajectories, as organizations look to capture the energy produced from renewable technologies to meet peak demand for electricity.”

“Canadian Solar is an important development partner for us, as it is in a unique and specialized position as a solar PV manufacturer and a large-scale solar and energy storage project developer. The insights its team will provide will further support our delivery of key data in what is an increasingly high activity segment, at a time of significant pressure in others.”

Canadian Solar has one of the world’s largest and most geographically diversified utility-scale solar and energy storage project development platforms, with a strong track record of originating, developing, financing and building over 6.3 GWp of solar power plants across six continents.

Dr. Shawn Qu, Chairman and CEO of Canadian Solar states, “Energy storage technology will be a critical enabler of the solar PV market going forward. Understanding the hybrid solar-storage project economics will give us a growth advantage to develop cost-effective, end-to-end integrated dispatchable solar energy solutions.

“We look forward to working with Wood Mackenzie as we build our technological capabilities in the solar plus energy storage space, as efforts to scale capacity and secure new growth opportunities intensify.”

Lens® Power offers an integrated, thirty-year view of global power markets supply, demand, cost and energy price forecasts alongside high-fidelity geospatial data including solar irradiance and transmission infrastructure. As Wood Mackenzie continues to integrate real-time and historic nodal congestion and price data, Lens Power will provide unmatched insight into greenfield site selection and asset optimization.

Among Lens® initiatives is Wood Mackenzie’s collaboration with early adopters to design a power solution that provides a holistic understanding of what is happening in the world of energy, allowing organizations to improve profitability and minimize risk.

About Wood Mackenzie Lens®
Wood Mackenzie’s Lens® platform is the industry standard in critical decision-support, harnessing the power of digital technology to provide answers to complex questions across the natural resources value chain, enabling customers to manage their capital, operations, and processes swiftly and efficiently. https://www.woodmac.com/wood-mackenzie-lens-power/

About Wood Mackenzie
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world’s natural resources sector. We empower clients to make better strategic decisions, providing objective analysis and advice on assets, companies, and markets. For more information, visit: www.woodmac.com or follow us on Twitter @WoodMackenzie

WOOD MACKENZIE is a trademark of Wood Mackenzie Limited and is the subject of trademark registrations and/or applications in the European Community, the USA and other countries around the world.

About Canadian Solar Inc.
Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 20 years, Canadian Solar has successfully delivered over 67 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected over 6.3 GWp in over 20 countries across the world. Currently, the Company has around 445 MWp of solar projects in operation, nearly 6 GWp of projects under construction or in backlog (late-stage), and an additional 18.6 GWp of projects in pipeline (mid- to early- stage). Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com

About Verisk
Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.

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For further information, please contact:

The Big Partnership (UK PR agency)
woodmac@bigpartnership.co.uk

Sonia Kerr
+44 330 174 7267
Sonia.kerr@woodmac.com

Canadian Solar Inc. Investor Relations Contact: Isabel Zhang, Director of Investor Relations and Strategic Analysis, investor@canadiansolar.com

Cambridge Innovation Capital Raises £225 million ($300 million) Fund II

Cambridge Innovation Capital Raises £225 million ($300 million) Fund II

CIC’s first fund made more than 30 investments in potentially world-leading deeptech and life sciences companies

Cambridge, UK: April 25, 2022Cambridge Innovation Capital (CIC), the venture capital investor focused on building world-leading deeptech and life sciences businesses connected with the Cambridge ecosystem, has raised £225 million ($300 million) for its oversubscribed second fund (Fund II).

Andrew Williamson, Managing Partner of CIC, commented: “Cambridge, UK is one of the fastest-growing science and technology innovation ecosystems in the world. Since our inception, CIC and our co-investors have invested more than £2 billion in sectors as diverse as robotics, semiconductors, genomics, gene therapy, therapeutics, liquid biopsy, artificial intelligence, and edge computing. We are delighted to launch our new fund and to work with a dynamic group of entrepreneurs and investors to capture the full potential within the thriving Cambridge ecosystem.”

With Fund II, CIC now manages in excess of £500 million, giving it the scale to support its portfolio companies throughout their life cycle, providing investment capital as well as strategic and operational support.

Investors in Fund II include a geographically diverse group of around 50 institutional and strategic investors, with almost half of the capital raised having come from UK-based investors.

CIC has invested in c. 40 deeptech and life sciences companies to date, with Fund II already having made six investments. These include Riverlane, a quantum computing software provider; Pretzel Therapeutics, a leading developer of mitochondrial therapeutics; Salience Labs, the photonic compute company; and Epitopea, a cancer immunotherapeutics company.

CIC’s first fund portfolio companies include CMR Surgical, which closed the largest medtech private financing round in the world in 2021 (£425m), valuing the company at more than £2 billion; and Pragmatic Semiconductor, which recently raised $80 million to build its second manufacturing facility in the North of England.

CMR’s next generation Versius robotic system is bringing the benefits of keyhole surgery to patients around the world, while Pragmatic has launched a low-cost flexible electronics manufacturing process which is disrupting the existing silicon chip manufacturing market and enabling a whole new class of innovative electronics.

CIC was founded to improve the success rate of businesses originating from the University of Cambridge and the broader Cambridge ecosystem, to encourage more academics and entrepreneurs from the area to build businesses. In addition to its portfolio companies, CIC has co-founded two Cambridge-based business accelerators, DeepTech Labs and Start Codon. The goal here is to support deeptech and life science entrepreneurs develop their commercialisation and technology strategy, bridging the gap between translational research and Series A-ready businesses.

About Cambridge Innovation Capital

Cambridge Innovation Capital (CIC) is a leading venture investor backing and building category-leading deep tech and life sciences companies. CIC was founded to improve the success rate of businesses originating from the University of Cambridge and the broader Cambridge ecosystem, to encourage more academics and entrepreneurs from the area to build businesses. CIC currently manages in excess of £0.5 billion and has invested in around 40 companies. CIC is a preferred investor for the University of Cambridge, Europe’s top source of founders for venture-backed start-ups.

Cambridge Innovation Capital Manager Limited (FRN:918898) is authorised and regulated by the Financial Conduct Authority. For more information, please visit www.cic.vc or follow us on Twitter at @CIC_vc and LinkedIn.

Contacts:

Cambridge Innovation Capital
Andrew Williamson, Managing Partner
enquiries@cic.vc

Media Enquiries:
Consilium Strategic Communications
Mary-Jane Elliott / Sukaina Virji
CIC@consilium-comms.com