American Battery Solutions, Inc. Demonstrates 9540A Module-level Compliance for TeraStor™ SuperCell Assembly

Certified testing process confirms the revolutionary TeraStor™ architecture surpasses UL requirements for thermal runaway safety at the module level, demonstrates no cell-to-cell propagation

BOSTON, May 25, 2023 (GLOBE NEWSWIRE) — American Battery Solutions, Inc.’s Energy Storage Solutions division (ABS ESS), manufacturer of the ultra-high-density TeraStor™ lithium-ion battery energy storage platform, today announced the successful completion of 9540A module-level testing by ESRG and FRA; as planned, witnessed and certified by Intertek.

This represents a critical milestone in demonstrating the unparalleled inherent safety of the TeraStor™ system architecture. The rigorous testing process was executed on a set of five SuperCells containing 90 individual cells in ABS ESS’ robust proprietary configuration.

The TeraStor™ system design incorporates multiple levels of built-in safety features. As such, the third-party testing authorities needed to take extra steps to initiate thermal runaway. “When they were able to do so, the unique fire-safety features of the design certainly shone. The way this architecture prevents cell-to-cell propagation is an industry-first,” said Greg Tremelling, ABS ESS Vice President of Engineering. “No surrounding cells were affected by the event, which is exactly as expected with this revolutionary design.”

The company is continuing with extensive testing and will proceed with unit-level 9540A procedures in the coming months. For more information on American Battery Solutions’ Energy Storage Division and the 7.2 MWh (600MWh/acre) TeraStor™, please visit https://www.americanbatterysolutions.com/ess/ess-home.

About American Battery Solutions’ Energy Storage Solutions Division
American Battery Solutions, Inc.’s Energy Storage Solutions division is a pioneering provider of advanced energy storage solutions. The company designs, develops and manufactures cutting-edge systems, empowering customers to harness the full potential of renewable energy and optimize energy management. With a steadfast commitment to value, reliability, sustainability and innovation, the ABS ESS team of industry veterans aims to revolutionize the energy storage landscape.

Contact
ESS Media Relations
American Battery Solutions ESS Division
2 Cabot Road, Hudson, MA 01749 USA
ess_media@americanbatterysolutions.com

GlobeNewswire Distribution ID 8846768

3 World-Renowned Sleep Apnea Experts Present New Benefits of PAP Therapies at ATS 2023

  • France’s Jean-Louis Pépin and Germany’s Holger Woehrle presented studies in which treating OSA with CPAP lowered all-cause mortality for PAP vs. non-PAP users with OSA
  • Germany’s Michael Arzt presented new evidence that treating CSA with ASV* caused “a significant and clinically relevant improvement in disease-specific QoL, daytime sleepiness, and quality of sleep”

WASHINGTON, May 25, 2023 (GLOBE NEWSWIRE) — Renowned medical experts at the American Thoracic Society International Conference unveiled new evidence that demonstrates treating obstructive sleep apnea (OSA) with positive airway pressure (PAP) therapy lowers all-cause mortality for patients. In addition, a late-breaking abstract showed treating central sleep apnea (CSA) caused a “significant and clinically relevant improvement” in their symptoms and quality of life. The studies were among 24 supported by ResMed (NYSE: RMD, ASX: RMD).

Treating OSA with PAP lowered all-cause mortality in France, Germany

Two headline studies presented at ATS showed an association between PAP treatment for OSA and lower all-cause mortality. One is an analysis of over 22,000 anonymized German patients diagnosed with OSA – roughly half using PAP, the other not. The study, led and presented by German sleep researcher Holger Woehrle, concluded PAP treatment for OSA is associated with a 13% lower mortality in the first four years of treatment.

The other is an analysis of over 100,000 deidentified French patients who previously stopped but restarted PAP to treat OSA – roughly two-thirds were still using PAP one year later, the other one-third stopped a second time. The study, led and presented by French sleep researcher Jean-Louis Pépin and part of ResMed’s broader landmark ALASKA study, found “the risk of all-cause death was 38% lower in individuals who continued using CPAP after therapy resumption.”

These studies build on a 2022 ResMed ALASKA study published in CHEST that found people with OSA who continued PAP over a three-year period were 39% more likely to survive than those who didn’t.

Treating CSA with ASV improved quality of life, symptoms over 1 year

A third major finding came out of READ-ASV, the largest prospective registry investigating the clinical use and effects of adaptive-servo ventilation (ASV) in a real-world cohort with central sleep apnea. Led and presented by German sleep researcher Michael Arzt, this prospective, multicenter, and multinational study of 847 patients concluded that first-time ASV users with central sleep apnea “experienced a significant and clinically relevant improvement in disease-specific quality of life, daytime sleepiness, and quality of sleep.”*

“Combined, these studies by globally renowned researchers emphasize not only the effectiveness of PAP and specifically ASV therapy for patients who need them, but how better sleep and breathing is vitally connected to our overall health,” said Carlos M. Nunez, M.D., ResMed Chief Medical Officer.

An estimated 936 million people worldwide have obstructive sleep apnea,1 a chronic disease in which throat muscles relax during sleep, constricting airflow. As a result, the body jolts to awaken and take a breath, causing dozens to hundreds of sleep interruptions per night. An estimated 5–10% of all people with sleep-disordered breathing have central sleep apnea,2 wherein the brain stops sending signals to the body’s breathing muscles during sleep, resulting in similar symptoms. All sleep apnea sufferers often aren’t aware of these waking episodes, and 80% remain undiagnosed.3

About ResMed
At ResMed (NYSE: RMD, ASX: RMD) we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, COPD, and other chronic diseases. Our comprehensive out-of-hospital software platforms support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. By enabling better care, we improve quality of life, reduce the impact of chronic disease, and lower costs for consumers and healthcare systems in more than 140 countries. To learn more, visit ResMed.com and follow @ResMed.

For Media For Investors
Kristin Deuber Amy Wakeham
resmed@allisonpr.com investorrelations@resmed.com
Rowena Kelley
news@resmed.com

1 Benjafield AV et al. Lancet Resp Med 2019
2 Roberts EG at al. Curr Neurol Neurosci Rep 2022
3 Young T et al. Sleep 1997
* ASV therapy is contraindicated in patients with chronic, symptomatic heart failure (NYHA 2-4) with reduced left ventricular ejection fraction (LVEF ≤45%) and moderate to severe predominant central sleep apnea.

GlobeNewswire Distribution ID 8846122

WillScot Mobile Mini to Participate in William Blair Annual Growth Stock Conference

PHOENIX, May 25, 2023 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible space and storage solutions, today announced that Brad Soultz, Chief Executive Officer, will participate in a presentation and host private investor meetings at the William Blair Annual Growth Stock Conference in Chicago, IL, on June 8, 2023. The presentation will take place at 10:00 am CT.

About WillScot Mobile Mini

WillScot Mobile Mini trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible space and storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 240 branch locations and additional drop lots throughout the United States, Canada, and Mexico.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com.

Contact Information
Investor Inquiries: Media Inquiries:
Nick Girardi Jake Saylor
investors@willscotmobilemini.com jake.saylor@willscot.com

GlobeNewswire Distribution ID 8844363

RAJANT DEBUTS SPARROW BREADCRUMB® FOR HEAVY-DUTY MACHINERY AND LIGHT-DUTY VEHICLE APPLICATIONS AT CENTRAL ASIA’S AMM CONGRESS

Sparrow Ideal for Non-Autonomous Tele-Remote Construction and Mining Applications

Malvern, Pennsylvania (USA), May 25, 2023 (GLOBE NEWSWIRE) — Rajant Corporation, the pioneer of Kinetic Mesh® wireless networks, will debut its new Sparrow BreadCrumb® during Central Asia’s Astana Mining & Metallurgy (AMM) Congress in Astana, Kazakhstan, on June 1st – 2nd. The Sparrow is Rajant’s latest portable wireless radio within its portfolio of industrial Kinetic Mesh nodes. This IP67 radio, intended for use in heavy-duty machinery and light-duty vehicle applications, has dual 2X2 MIMO transceivers and four antennas with multiple mounting options. The Sparrow interfaces include wired Ethernet and built-in Wi-Fi access points to enable data, voice, and low-bandwidth video applications.

According to Marcin Kusztal, Rajant Sales Director CEE, CA, Turkey, and Mongolia, “Mid-Asia is a market with tremendous growth potential. Our Sparrow BreadCrumb perfectly bridges the gap between legacy Wi-Fi networks and the extremely expensive (and not always proven) LTE technology. The Sparrow will ideally suit the needs of the mining market of Kazakhstan as well as other countries in Central Asia and Eastern Europe. I look forward to the first customer feedback during the AMM Congress.”

Askommet’s Chief Technology Officer, Emil Ganbarov, adds, “The new Sparrow is an excellent tool not only for mining but also for other areas of life and industries. The wireless Sparrow BreadCrumb’s compact, rugged design and wide operating temperature range will enable us to meet the expectations of the public safety, energy, and utility markets.”

Like all other Rajant BreadCrumbs, the Sparrow solves Wi-Fi problems by providing sitewide Wi-Fi coverage, enabling machine-to-machine communications to see around obstructions, and providing sitewide ubiquitous Wi-Fi coverage to connect to Wi-Fi IoT devices, including VoIP handsets. The Sparrow is purpose-built for heavy-duty machinery in mining, heavy construction, airports, oil & gas, utilities, solar, wind, smart cities, and public safety, as well as non-tele remote and non-autonomous applications for construction and mid-tier mines and quarries. The Sparrow can be deployed as a mobile or infrastructure wireless node. Orders for the Sparrow are being taken now.

Schedule a time to meet at the show or stop by the booth to see the latest Rajant products.

About Rajant Corporation
Rajant Corporation is the broadband communications technology company that invented Kinetic Mesh® networking, BreadCrumb® wireless nodes, and InstaMesh® networking software. With Rajant, customers can rapidly deploy a highly adaptable and scalable network that leverages the power of real-time data to deliver on-demand, mission-critical business intelligence. A low-latency, high-throughput, and secure solution for a variety of data, voice, video, and autonomous applications, Rajant’s Kinetic Mesh networks provide industrial customers with full mobility, allowing them to take their private network applications and data anywhere. With successful deployments in more than 80 countries for customers in military, mining, ports, rail, oil & gas, petrochemical plants, municipalities, and agriculture. Rajant is headquartered in Malvern, Pennsylvania, with additional facilities and offices in Arizona and Kentucky. For more information, visit Rajant.com or follow Rajant on LinkedIn and Twitter.

Attachment

Alice DiSanto
Rajant Corporation
914-582-8464
adisanto@rajant.com

GlobeNewswire Distribution ID 8846366

Metalpha’s Next Generation Fund I Secures a Strategic Investment from Crypto Leader

HONG KONG, May 24, 2023 (GLOBE NEWSWIRE) — Metalpha Technology Holding Ltd (NASDAQ: MATH), a global crypto-based wealth management company, today announced its Next Generation Fund I (“The Fund”), formed in partnership with NextGen Digital Venture Limited, has secured a $5 million anchor investment from the world’s leading crypto company (“The Investor”).

This strategic investment comes at a time of high growth for Metalpha’s licensed fund products, serving broad market demand among institutional investors, family offices and high-net-worth individuals for exposure to crypto.

The Next Generation Fund I provides a regulated and compliant channel to invest in Grayscale Investments LLC’s products through structured derivatives. The Fund is raising $100 million in capital from global investors and has secured $20 million as of March, 2023.

“We are excited about the future of our licensed funds products. We aim to capitalize on the fast growing digital assets industry here in Hong Kong and provide our clients with competitive, complaint products worldwide,” said Adrian Wang, President of Metalpha Technology Holding Ltd.

“We extend our gratitude to Metalpha for their unwavering support and appreciate the recognition from the Investor. As a company that has weathered multiple Bitcoin cycles, their expertise is invaluable to our mission and increased our confidence in the GBTC investment. At NextGen Digital Venture, our aim is to offer legitimate and secure exposure to the rapidly evolving crypto landscape, providing a trusted bridge between traditional and digital assets for investors.” Jason Huang, Founding Partner of NextGen Digital Venture Limited.

Based in Hong Kong, Metalpha aims to provide customers with high-quality investment products and trading capabilities and is committed to delivering the best structured derivative products to cryptocurrency market participants.

About Metalpha Technology Holding Limited
Founded in 2015, Metalpha Technology Holding Limited (NASDAQ: MATH) went public on October 20, 2017. The listed Company, through its subsidiaries, is dedicated to providing investment and wealth management services with a full-service, institutional-grade platform. With dedicated blockchain expertise, the Company aims to become a leader in the field of crypto wealth management services, bringing robust innovation and transparency to the customers and businesses it serves.

About NextGen Digital Venture
Founded in 2023, NextGen Digital Venture aims to be the premier platform in Asia for providing traditional finance with exposure to cryptocurrencies. NDV’s goal is to connect traditional capital with emerging technologies that are on the verge of widespread adoption. NDV team comprises experienced professionals from leading investment firms, top-tier family offices, and successful tech startups, reflecting our unwavering commitment to delivering reliable and trustworthy financial solutions to clients.

Contact
Yiwei Wang
info@metalpha.finance

GlobeNewswire Distribution ID 8842112

Constellation Brands to Present at the Bernstein 39th Annual Strategic Decisions Conference on Wednesday, May 31, 2023

VICTOR, N.Y., May 24, 2023 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Bill Newlands, President and Chief Executive Officer, will present at the Bernstein 39th Annual Strategic Decisions Conference on Wednesday, May 31, 2023 in New York, NY. The presentation is scheduled to begin at 2:30 p.m. EDT and is expected to cover the company’s strategic business initiatives, financial metrics, and operating performance, as well as outlook for the future.

A live, listen-only webcast of the presentation will be available on the company’s investor relations website at ir.cbrands.com under the News & Events section. When the presentation begins, financial information discussed in the presentation, and a reconciliation of reported GAAP financial measures with comparable or non-GAAP financial measures, will also be available on the company’s investor relations website under the Financial History section. For anyone unable to participate in the webcast, a replay will be available on the company’s investor relations website through the close of business on November 30, 2023.

ABOUT CONSTELLATION BRANDS
Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It’s worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Every day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford and Meiomi.

As an agriculture-based company, we have a long history of operating sustainably and responsibly. Our ESG strategy is embedded into our business and our work focuses on serving as good stewards of the environment, enhancing social equity within our industry and communities, and promoting responsible beverage alcohol consumption. These commitments ground our aspirations beyond driving the bottom line as we work to create a future that is truly Worth Reaching For.

To learn more, visit www.cbrands.com and follow us on Twitter, Instagram, and LinkedIn.

MEDIA CONTACTS INVESTOR RELATIONS CONTACTS
Amy Martin 585-678-7141 / amy.martin@cbrands.com
Carissa Guzski 315-525-7362 / carissa.guzski@cbrands.com
Joseph Suarez 773-551-4397 / joseph.suarez@cbrands.com
Snehal Shah 847-385-4940 / snehal.shah@cbrands.com
David Paccapaniccia 585-282-7227 / david.paccapaniccia@cbrands.com

A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/4058b60c-16d5-49a8-8661-9b53e0c83e79

GlobeNewswire Distribution ID 8845013

Willscot Mobile Mini to Participate in Baird Global Consumer, Technology & Services Conference

PHOENIX, May 24, 2023 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible space and storage solutions, today announced that Tim Boswell, President and Chief Financial Officer, and Nick Girardi, Senior Director of Treasury and Investor Relations, will participate in a presentation and host private investor meetings at the Baird Global Consumer, Technology & Services Conference in New York, NY, on June 7, 2023. The presentation will take place at 3:10 pm ET.

About WillScot Mobile Mini

WillScot Mobile Mini trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible space and storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 240 branch locations and additional drop lots throughout the United States, Canada, and Mexico.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com.

Contact Information
Investor Inquiries: Media Inquiries:
Nick Girardi Jake Saylor
investors@willscotmobilemini.com jake.saylor@willscot.com

GlobeNewswire Distribution ID 8844362

Payment Card Volume Topped $40 Trillion Worldwide in 2022

SANTA BARBARA, Calif., May 24, 2023 (GLOBE NEWSWIRE) — New data from the Nilson Report shows that purchases of goods and services tied to credit, debit and prepaid cards combined with credit card cash advances and debit card withdrawals reached $40.645 trillion in 2022. This was a 4.4% increase over 2021. For the first time in the history of the global payment card industry total volume exceeded $40 trillion.

Total volume was generated by cards carrying the brands of Visa, UnionPay, Mastercard, American Express, JCB and Diners Club/Discover. These are the networks with global merchant and ATM acceptance locations. Collectively, global network cards generated 624.86 billion transactions worldwide to purchase goods and services in 2022, up 7.5% over 2021.

“Transactions on global card networks grew in 2022 and opportunities exist for continued growth in all world regions over the next five years,” said David Robertson, Publisher of the Nilson Report.

China-based UnionPay ranked as the largest global network when measuring market share of total volume. Cards with the UnionPay brand accounted for $40 out of every $100 in total volume. Those cards accounted for 34% of card purchase transactions worldwide.

Visa brand credit and debit cards accounted for 35% of total volume worldwide in 2022, second to UnionPay. However, Visa’s 39% market share of all payment card purchase transactions made it the top global network in that category.

Mastercard ranked third largest worldwide with a 20% share of total volume and a 24% share of all card transactions for purchases of goods and services.

The Nilson Report’s latest issue, #1241, also includes figures for American Express, JCB and Discover/Diners Club.

ABOUT THE NILSON REPORT
For more than 52 years, the Nilson Report has been the most respected provider of data and news about the payment card industry. Available worldwide by subscription only, the Nilson Report surveys over 2,000 financial institutions and other payment card businesses to produce statistics about card issuers, card networks, merchant acquirers and technology providers. This business intelligence is not available from any other source. The twice-monthly newsletter also includes informative feature articles, concise updates regarding new products and services, monthly listings of investments and acquisitions by companies in the payment industry and news about executive appointments.

The Nilson Report does not accept advertising of any kind. No company can pay to be featured in the Nilson Report.

For more information on our publication, to start a free trial subscription, or to request an interview with David Robertson, contact: Lori Fulmer, lfulmer@nilsonreport.com

SOURCE: the Nilson Report, www.nilsonreport.com

GlobeNewswire Distribution ID 8845942