Deepika Padukone Launches Her Self-Care Brand, 82°E

~ To introduce skincare as its debut category ~

Deepika Padukone

MUMBAI, India, Nov. 10, 2022 (GLOBE NEWSWIRE) — Global Indian icon Deepika Padukone launches her self-care brand, 82°E today. A pioneering advocate of mental, physical and emotional well-being, her brand will offer premium, high-performance products that make the practice of self-care a simple, effective, and enjoyable part of everyday life.

Pronounced Eighty-Two East, the brand name is inspired by the meridian that runs longitudinally through India and defines the standard time of the country. 82°E reflects Deepika Padukone’s journey and experience as a modern woman who is rooted in India but global in her outlook.

The brand will launch with skincare as its inaugural category this month. 82°E’s skincare products are formulated by in-house experts, and each product combines an Indian ingredient with a scientific compound into a powerful formula. 82°E products have been thoughtfully designed to make skincare a delightful ritual.

82°E takes pride in being India’s first celebrity-owned self-care brand that is backed by global institutional venture capitalists. On the occasion of launching her very own self-care brand, Deepika Padukone, Co-founder, 82°E, says: “Wherever I am in the world, practising simple acts of self-care consistently, helps me stay grounded and enables me to feel my most centered. With 82°E, I hope to inspire us all to connect with our truest, most authentic selves through consistent and humble self-care practices. The first step in that direction is our range of skincare products that have been rigorously sourced, carefully crafted, and clinically tested so you can build simple, joyful, and effective everyday rituals to care for the health of your skin.”

The launch of 82°E also marks Padukone’s foray into full-fledged entrepreneurship, expanding her mission to leave behind a distinguished legacy and to inspire people to live authentic lives beyond her professional endeavours as an actor, producer, and mental health advocate.

82°E has ambitions to expand into other categories that support a holistic approach to self-care. To learn more about 82°E’s offerings, please visit 82e.com.

About 82°E:

82°E is on a mission to make the practice of self-care simple, joyful and effective through high-quality and high-performance products. Born in India, for the world, 82°E will launch with a set of skincare products that support the fundamentals of skin health, with ambitions to expand into other categories that support a modern, holistic approach to self-care.

Pronounced Eighty Two East, the brand is inspired by the standard meridian that passes through the India, and reflects Deepika Padukone’s personal and professional journey as a modern Indian woman who is strongly rooted in her homeland, global in her outlook and appeal, and committed to her physical and emotional well-being.

Rigorously sourced, carefully crafted, and clinically tested: 82°E’s skincare line is made with science and spirit. Each of the brand’s products combines time-tested Indian ingredients with powerful scientific compounds to create revolutionary formulas for healthy, radiant skin.

Contact Information:
Namrata More
Manager – PR & KOL Marketing
namrata.more@82e.com
+91-9820830759

Bryna Rifkin
Partner
bryna@narrative-pr.com
+14243208024

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GlobeNewswire Distribution ID 8694305

Constellation Brands to Present at the 2022 Morgan Stanley Global Consumer and Retail Conference on December 6, 2022

VICTOR, N.Y., Nov. 10, 2022 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Garth Hankinson, Executive Vice President and Chief Financial Officer, will present at the 2022 Morgan Stanley Global Consumer and Retail Conference on Tuesday, December 6, 2022 in New York, NY. The presentation is scheduled to begin at 10:15 a.m. ET 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 virtual 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 January 11, 2023.

ABOUT CONSTELLATION BRANDS

At Constellation Brands (NYSE: STZ), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It’s worth our dedication, hard work, and the bold calculated risks we take to deliver more for our consumers, trade partners, shareholders, and communities in which we live and work. It’s what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Today, we are a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for our high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, 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 Meiomi, and Kim Crawford.

But we won’t stop here. Our visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond. Join us in discovering what’s Worth Reaching For.

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

MEDIA CONTACTS INVESTOR RELATIONS CONTACTS
Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com
Amy Martin 585-678-7141 / amy.martin@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/8b7fb47e-aca8-4b74-a398-2ad3ccf7f3be

GlobeNewswire Distribution ID 8694304

Constellation Brands Announces Completion of Previously Announced Elimination of Class B Common Stock

VICTOR, N.Y., Nov. 10, 2022 (GLOBE NEWSWIRE) — Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced today that it completed the previously announced reclassification transaction and eliminated its Class B Common Stock. Trading in the Class B Common Stock will cease after the markets close today, at which time Constellation’s publicly listed stock will consist solely of Class A Common Stock.

In connection with completing the transaction, the company has deposited for distribution the $64.64 per share cash consideration, or approximately $1.5 billion in aggregate, to holders of Class B Common Stock. Financing for the cash payment was provided through funding of the previously announced delayed draw term loan credit agreement and Constellation’s existing commercial paper program. The interest expense associated with this financing is expected to be $80 – $90 million on an annual basis based on current market rates. Giving effect to the interest expense associated with the financing, the company now expects interest expense for fiscal 2023 to be approximately $390 – $400 million. As part of the delayed draw term loan agreement, Constellation has the right to prepay the borrowing in whole or in part, without premium or penalty, ahead of its three-year maturity date.

In addition, upon completion of the transaction, Robert and Richard Sands, who previously served as Executive Chairman of the Board and Executive Vice Chairman of the Board, respectively, retired from their executive positions with Constellation. As a result of the retirement of Robert and Richard Sands from their executive positions, Constellation expects to realize an estimated $15 – $20 million in pretax annual compensation savings. The company anticipates to initially attain $15 million of these annual savings in fiscal 2024 and to reach the estimated $15 – $20 million in run-rate savings within three years of the reclassification transaction as certain benefits accessible by Robert and Richard Sands are terminated.

Additional details with respect to the reclassification and related matters will be described in filings to be made by Constellation today with the Securities and Exchange Commission.

ABOUT CONSTELLATION BRANDS

At Constellation Brands (NYSE: STZ), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It’s worth our dedication, hard work, and the bold calculated risks we take to deliver more for our consumers, trade partners, shareholders, and communities in which we live and work. It’s what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Today, we are a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for our high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, 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 Meiomi, and Kim Crawford.

But we won’t stop here. Our visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond. Join us in discovering what’s Worth Reaching For.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The word “expect,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These statements may relate to future plans and objectives of management and Constellation’s Board of Directors, as well as information concerning expected actions of third parties. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, such forward-looking statements. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur.

The forward-looking statements are based on management’s current expectations and should not be construed in any manner as a guarantee that such results will in fact occur. All forward-looking statements speak only as of the date of this press release and Constellation does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Statements in this communication regarding Constellation and the reclassification transaction that are forward-looking, including projected costs and expenses, estimated cost savings, and the cessation of trading of the Class B Common Stock, are based on management’s estimates, assumptions and projections, and are subject to significant uncertainties and other factors, many of which are beyond Constellation’s control. These factors include, among other things, (1) the ability to recognize the anticipated benefits of the reclassification, (2) Constellation’s ability to execute successfully its strategic plans, and (3) the effect of the consummation of the reclassification on the market price of the capital stock of Constellation. The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included elsewhere. Additional information concerning risks that could cause actual future performance or events to differ from current expectations can be found in Constellation’s filings with the Securities and Exchange Commission, including the risk factors discussed in Constellation’s most recent Annual Report on Form 10-K for the fiscal year ended February 28, 2022 and Quarterly Report on Form 10-Q for the fiscal quarter ended August 31, 2022.

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

MEDIA CONTACTS INVESTOR RELATIONS CONTACT
Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com Joseph Suarez 773-551-4397 / joseph.suarez@cbrands.com
Amy Martin 585-678-7141 / amy.martin@cbrands.com

A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/3d8027d0-afff-426a-ac6d-1e9109ada4c5

GlobeNewswire Distribution ID 8694300

Industry leaders to speak at Wood Mackenzie’s Grid Edge Innovation Summit 2022

Join executives from Shell Recharge Solutions, Exelon, BMW and General Motors, as event looks at current trends, challenges and drivers shaping the grid edge

LONDON/HOUSTON/SINGAPORE, Nov. 10, 2022 (GLOBE NEWSWIRE) — With electrification forecast to increase grid demand over the coming decade, the grid edge holds enormous potential to offer homeowners and businesses a financial stake in the energy transition while enabling a more balanced grid.

Join Wood Mackenzie’s analysts and leaders from across the industry to discover how utilities, automakers and distributed energy resource (DER) and software providers in the U.S. are addressing key issues affecting the sector at the Grid Edge Innovation Summit in Phoenix, Arizona, U.S. on December 6-7.

Sessions will include insights on grid modernisation, DER aggregation technologies, as well as transportation and building electrification.

Along with exclusive presentations from Wood Mackenzie experts and a top-tier speaker line-up including representatives from Shell Recharge Solutions, Exelon, BMW and General Motors, the in-person conference provides the opportunity to connect with grid operators, energy service providers and utilities and policymakers, along with professionals specialising in electric vehicles (EV), solar and energy storage.

Key themes on the agenda include:

  • Modernising the grid in a time of massive electrification
  • Ownership models for EV charging infrastructure
  • Deploying infrastructure capital through everything-as-a-service
  • Grid insecurity and customer resilience offerings
  • Decarbonising heat: From heat pumps to district energy
  • Distributed energy resource management systems (DERMS), sensors and artificial intelligence (AI): Advanced monitoring and control solutions for utilities
  • Fragmentation and integrations of EV charging networks
  • The rapidly changing microgrid technology landscape
  • Grid-interactive and efficient buildings
  • Virtual power plants: Project landscape and regulatory outlook

The Grid Edge Innovation Summit will hear from leading experts from across the industry including:

  • Erick Karlen, Director of Policy and Market Development, Shell Recharge Solutions
  • Crystal Stiles, Executive Director, FPL Development, Distributed Technologies and Mobility, Florida Power & Light
  • Sarah Kist, GM, T&D Engineering & Construction, Arizona Public Service (APS)
  • Aimee Bailey, Director of Innovation & Portfolio Management, National Grid Partners
  • Suzanna Mora, Director, Federal Policy and Agency Relations, Exelon
  • Sterling Clifford, Manager, Government Affairs, Sunnova
  • Kathy Knoop, Manager, EV Stakeholder Solutions, General Motors
  • Adam Langton, Energy Services Manager, BMW of North America, LLC
  • Jeff Dennis, General Counsel and Managing Director, Advanced Energy Economy
  • Melissa Chan, Director of Grid Solutions and Strategic Partnerships, Fermata Energy
  • Ken Schisler, Senior Vice President, Regulatory Affairs, CPower Energy Management
  • Mark Martyak, Chief Sales Officer, Distributed Infrastructure, PowerSecure
  • Martin Milani, CEO, Sunverge Energy
  • Nicholas Smallwood, SVP, Products, Procurement, & Strategic Development, Sunrun
  • Trudie Wang, VP of Product, Heila Technologies
  • Giri Iyer, Vice President, Business Development, Sentient Energy, a KES Company
  • Mark Danzenbaker, CEO, GridPoint

To reserve your place at Wood Mackenzie’s Grid Edge Innovation Summit or for further information, please click on this link.

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 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.

For further information about the Grid Edge Innovation Summit, please contact the Wood Mackenzie events team: events@woodmac.com

Media enquiries:

Vivien Lebbon, E: Vivien.lebbon@woodmac.com, T: +44 330 174 7486

Mark Thomton, E: Mark.thomton@woodmac.com, T: +1 630 881 6885

GlobeNewswire Distribution ID 8694182

Vision Energy & Linde Engineering Sign Cooperation Agreement

JERSEY CITY, N.J., Nov. 10, 2022 (GLOBE NEWSWIRE) — Vision Energy Corporation (OTCQB:VIHDD) (“Vision Energy” or the “Company”) is pleased to announce it has entered into a cooperation agreement with Linde Engineering to accelerate engineering efforts for the Company’s pioneering Green Energy Terminal in North Sea Port of Vlissingen, the Netherlands.

Vision Energy, through its wholly-owned subsidiary Evolution Terminals BV, has partnered with Linde Engineering, to deliver preliminary Front-End Engineering and Design (FEED) services to the project for Phase 1 of Vision Energy’s Green Energy Terminal. Scope includes design and engineering of 150,000 cubic meters (CBM) of Green Ammonia (NH3) storage, truck and barge loading facilities, ship loading and unloading facilities, and utilities, infrastructure and buildings.

Engineering efforts under the agreement have commenced and are anticipated to conclude in April 2023 in support of the Company’s target to reach Final Investment Decision (FID) by Q3 2023.

Vision Energy is in the advanced stages of planning for the construction and delivery of Northwestern Europe’s first import, storage and handling terminal designed exclusively for hydrogen carriers, renewable energy products and low-carbon fuels. The Company is scheduled to file all remaining environmental and construction permits by December 2022. Total capacity under Phase 1 is for up to 400,000 CBM including 150,000 CBM allocated to Green Ammonia, 180,000 CBM allocated to Renewable Methanol and 70,000 CBM allocated to Biofuels.

“Our cooperation with Linde Engineering marks a critical milestone in our development, to deliver this world-class project with the vast global expertise Linde possesses,” said Andrew Hromyk, CEO. “Our Green Energy Terminal Project will accelerate and advance the energy transition and facilitate Northwestern Europe’s ambition to achieve Net Zero through carbon-abatement and adoption of hydrogen as a core feedstock and fuel.”

“We are proud to work with Vision Energy on the sustainable development of this ammonia terminal, leveraging our extensive EPC expertise and clean energy technology to enable the green hydrogen economy,” said John van der Velden, Senior Vice President Global Sales & Technology at Linde Engineering.

About Linde

Linde is a leading global industrial gases and engineering company with 2021 sales of $31 billion (€26 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde’s industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

About Vision Energy
Vision Energy is an integrated energy company developing assets and solutions for the commercial, industrial and transportation sectors. Leveraging its proven track-record in site and asset procurement, accelerating development and permitting processes, plant design, and grid integration to facilitate low-carbon energy production, supply and distribution. The Company pursues reliable offtake relationships and operating partnerships with energy industry participants and end users seeking carbon abatements across feedstock and fuels. Vision Energy is committed to providing low carbon energy solutions with the highest yield, and where possible, projects are designed to leverage existing gas and power infrastructure to integrate and facilitate import and or distribution of reduced-carbon energy to domestic and global supply chains.

Forward Looking Statements:

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “forecast”, “anticipate,” “believe,” “estimate,” “expect” and “intend,” among others. These forward-looking statements are based on current expectations, and actual results could differ materially. The Company does not undertake an obligation to update or revise any forward-looking statement. The information set forth herein speaks only as of the date hereof.

Vision Hydrogen Corporation/Investor Relations
95 Christopher Columbus Drive, 16th Floor
Jersey City, NJ 07302
551-298-3600 USA
https://visionh2.com/

GlobeNewswire Distribution ID 8693539

EV Technology Group Engages Leading Design and Engineering Consultancy Callum to Define the Future of Premium Electric Vehicles

CALLUM

CALLUM

  • EV Technology Group (OTCQB: EVTGF, NEO: EVTG, DE: B96A) has entered a partnership with CALLUM, led by legendary designer Ian Callum to scope the future of EV Technology Group’s electric vehicles within its ‘House of Brands’
  • CALLUM will conduct research and ideation to help EV Technology Group develop its portfolio of brands and innovative premium electric vehicles
  • The EV Technology Group electrifies iconic brands, with a mission to create and redefine the joy of motoring for the electric age

TORONTO, Nov. 10, 2022 (GLOBE NEWSWIRE) — EV Technology Group Ltd. (the “Company” or “EV Technology Group”`) (OTCQB: EVTGF, NEO: EVTG, DE: B96A) announces today that it has appointed leading UK-based design and engineering consultancy CALLUM to create future premium electric vehicles designs within the Company’s house of brands.

CALLUM, co-founded by legendary designer Ian Callum, will be responsible for a research and development project for future electric vehicle designs within the EV Technology Group brand portfolio. EV Technology Group has recently acquired Marazzi, Fantuzzi, Brewster & Co and Officine Stampaggi Industriali and signed a definitive agreement to acquire MOKE International Limited, official producer of MOKE vehicles since it acquired the original 1964 trademark. The Company will continue to expand with further iconic brands that will help to fulfil the mission of bringing back the joy of motoring in an electric age by assisting their transition to electrification.

CALLUM and its growing team of designers and engineers has the ability to offer everything from research and concept design, vehicle engineering and development, down to the finer details such as leather trimming, additive manufacturing and sustainable materials.

Wouter Witvoet, CEO EV Technology Group “As EV Technology Group builds a house of brands with such iconic marques, it’s essential that we establish the right pillars, the right templates and harness world class strategies at an early stage. I am delighted that a renowned industry leader such as CALLUM will direct us and assist us as we prepare for future growth. We are already seeing great results, and this could lead to participating in many future projects.”

Mark Stubbs, Head of Design Electric Vehicle Technology Group “Striking and sophisticated design will be one of the key attributes of EV Technology Group’s vehicles going forwards, which is why is such a pleasure to be working with Ian Callum and his talented team at CALLUM. They are already offering us some hugely creative design solutions for future lightweight electric vehicles, based on EV Technology Groups’ technologies, and giving us excellent insights as we begin to create our house of brands and an array of game-changing future EVs.”

Ian Callum CBE Design Director, CALLUM “At CALLUM our mission is to create design stories that stir the imagination. The sheer scale of the ambition of EV Technology Group and its mission to reinvent iconic brands is brimming with potential to do just that. There’s nothing a creative team likes more than limitless possibilities. We will progress each design language so that these brands remain captivating and relevant for an electrified world.”

David Fairbairn, Director, CALLUM “EV Technology Group wanted a design partner that didn’t just present a deck of pretty renders. Creative ideas also need engineering substance to streamline the early stages of development and get them to commercialisation faster. We expect CALLUM’s combined team of designers and engineers to integrate seamlessly with the talent at EV Technology Group, grasping their challenges but also exploiting the opportunities these brands offer.”

About EV Technology Group

EV Technology Group was founded in 2021 with a vision of electrifying iconic brands –and a mission of redefining the joy of motoring for the electric age. By acquiring iconic brands and bringing beloved motoring experiences to the electric age, EV Technology Group is driving the EV revolution forward. Backed by a diversified team of passionate entrepreneurs, engineers and driving enthusiasts, EV Technology Group creates value for its customers by owning the total customer experience — acquiring and partnering with iconic brands with significant growth potential in unique markets and controlling end-to-end capabilities. To learn more visit: https://evtgroup.com/

About CALLUM

CALLUM is a design and engineering business creating bespoke and limited-edition products. CALLUM is focused on design, lifestyle and travel, taking on projects that intrigue, excite and tell a story. It is a collaboration of talented individuals with experience across art, audio, automotive, fashion and motorsport brands. 
Nimble and agile, CALLUM produces exquisite design supported by quality execution, with its 30,000 sq. ft Warwick facility housing the latest technology to deliver design, prototyping, machining and trim services. 
Amongst its founding members is British designer Ian Callum CBE, admired for his prolific automotive work, which includes the Aston Martin Vanquish, Vantage and DB9, Jaguar F-Type, F-PACE, XJ and, most recently, the World Car of the Year Award-winning I-PACE, amongst others.

Media

Rachael D’Amore
rachael@talkshopmedia.com
+1519-564-9850

Investor Relations

Dave Gentry
dave@redchip.com
+14074914498

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 EV Technology Group, its partnership with CALLUM, the proposed acquisitions of MOKE International Limited and Fablink Group, future design projects of the Company and its forward strategic plans. 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, annual information form and base shelf prospectus 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 because 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.

All information contained in this press release with respect to EV Technology Group and CALLUM was supplied by the parties respectively for inclusion herein, and each party and its directors and officers have relied entirely on the other parties for any information concerning the other party. EV Technology Group has not conducted due diligence on the information provided by CALLUM and does not assume any responsibility for the accuracy or completeness of such information.

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

An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a03105e8-c57c-42fc-8a41-46a7926f1898

GlobeNewswire Distribution ID 8693179

Despite economic uncertainty, new research confirms businesses plan to prioritize digital communications in the coming year

Despite economic uncertainty, new research confirms businesses plan
to prioritize digital communications in the coming year


Survey from Mailjet by Sinch finds email marketing seen as top channel to
reach customers in an economic downtown

SAN ANTONIO, Texas and STOCKHOLM, Sweden – November 10, 2022 – In the face of economic uncertainty, most organizations are not planning to tamp down their marketing efforts in 2023, according to a new study from Mailjet by Sinch (Sinch AB (publ) – XSTO: SINCH). Of the more than 1,300 professionals surveyed (including marketers, IT professionals, app developers, support specialists and other decision-makers involved in email marketing), 62% expect to either maintain or increase their marketing spend in the coming year

Among marketers in the survey, nearly 60% chose email as one of the top three communication channels to deliver a high return on investment (ROI) during a recession. Email marketing was also the top choice among all respondents. Separately, 90% of all survey respondents say their investment in email will either increase or stay the same in the next 12 months.

Mailjet by Sinch conducted its global survey to provide insights into how economic downturns impact marketing and digital communications efforts. When asked which situations are most likely to negatively impact their organization in the next 12 months, more than half (56%) of respondents said inflation, while 41% said reduced consumer spending and 29% said energy and transportation costs.

Success, Results Matter

Survey respondents who called their recent digital communications strategies “successful” were more likely to expect continued investments in marketing. More than 72% of this cohort said marketing budgets would remain unchanged or increase. Conversely, companies with less recent digital communications success are more likely to expect cuts to their overall marketing budgets. Even without contextualizing why certain organizations’ marketing efforts were unsuccessful, these findings underscore the volatility of resource planning during economic instability: if marketing efforts are not driving satisfactory results, sometimes business decision makers are quicker to cut marketing budgets than advise marketing teams to adjust their strategy.

Additional takeaways from the report include:

  • 42% of respondents cited traditional advertising, including broadcast and print ads, as the most likely to see cuts in 2023.
  • While 41% of respondents see the value in digital advertising, 26% say digital ad spending could be cut in 2023.
  • Boosting brand (cited by 43% of respondents) and improving customer loyalty (cited by 41% of respondents) are viewed as the greatest opportunities for digital communication during the economic downturn.

“As our findings show, a strong digital communication strategy can be the difference between customer gains and losses during times of economic uncertainty, ” said Will Conway, president at Sinch Email. “Rather than eliminating the channels that bring you closest to your customers, shifting your budgets to activate your customers’ preferred channels can maintain customer experience and loyalty during a downturn, giving your organization a competitive edge that can outlast market fluctuations.”

The full report, “Email in an evolving economy,” can be downloaded here.

About Mailjet by Sinch
More than 40,000 companies around the world use Mailjet by Sinch to strengthen connections with customers and subscribers while building their businesses through email marketing. Brands like Microsoft, Kia Motors, and Toast trust Mailjet to send billions of emails every year. Mailjet combines an intuitive, drag-and-drop email campaign builder with easy-to-use deliverability features to help businesses create and send beautiful emails without touching a single line of code. 

For more information, please visit www.mailjet.com

About Sinch
Sinch’s leading cloud communications platform lets businesses reach everyone on the planet, in seconds or less, through mobile messaging, email, voice and video. More than 150,000 businesses, including many of the world’s largest companies and mobile operators, use Sinch’s advanced technology platform to engage with their customers. Sinch has been profitable and fast-growing since its foundation in 2008. It is headquartered in Stockholm, Sweden, and has local presence in more than 60 countries. Shares are traded at NASDAQ Stockholm: XSTO:SINCH. Visit us at sinch.com.

For further information, please contact:

Marcel Kay
Global PR Director, Sinch AB
Email: marcel.kay@sinch.com

Survey from Mailjet by Sinch finds email marketing seen as top channel to
reach customers in an economic downtown

SAN ANTONIO, Texas and STOCKHOLM, Sweden – November 10, 2022 – In the face of economic uncertainty, most organizations are not planning to tamp down their marketing efforts in 2023, according to a new study from Mailjet by Sinch (Sinch AB (publ) – XSTO: SINCH). Of the more than 1,300 professionals surveyed (including marketers, IT professionals, app developers, support specialists and other decision-makers involved in email marketing), 62% expect to either maintain or increase their marketing spend in the coming year

Among marketers in the survey, nearly 60% chose email as one of the top three communication channels to deliver a high return on investment (ROI) during a recession. Email marketing was also the top choice among all respondents. Separately, 90% of all survey respondents say their investment in email will either increase or stay the same in the next 12 months.

Mailjet by Sinch conducted its global survey to provide insights into how economic downturns impact marketing and digital communications efforts. When asked which situations are most likely to negatively impact their organization in the next 12 months, more than half (56%) of respondents said inflation, while 41% said reduced consumer spending and 29% said energy and transportation costs.

Success, Results Matter

Survey respondents who called their recent digital communications strategies “successful” were more likely to expect continued investments in marketing. More than 72% of this cohort said marketing budgets would remain unchanged or increase. Conversely, companies with less recent digital communications success are more likely to expect cuts to their overall marketing budgets. Even without contextualizing why certain organizations’ marketing efforts were unsuccessful, these findings underscore the volatility of resource planning during economic instability: if marketing efforts are not driving satisfactory results, sometimes business decision makers are quicker to cut marketing budgets than advise marketing teams to adjust their strategy.

Additional takeaways from the report include:

  • 42% of respondents cited traditional advertising, including broadcast and print ads, as the most likely to see cuts in 2023.
  • While 41% of respondents see the value in digital advertising, 26% say digital ad spending could be cut in 2023.
  • Boosting brand (cited by 43% of respondents) and improving customer loyalty (cited by 41% of respondents) are viewed as the greatest opportunities for digital communication during the economic downturn.

“As our findings show, a strong digital communication strategy can be the difference between customer gains and losses during times of economic uncertainty, ” said Will Conway, president at Sinch Email. “Rather than eliminating the channels that bring you closest to your customers, shifting your budgets to activate your customers’ preferred channels can maintain customer experience and loyalty during a downturn, giving your organization a competitive edge that can outlast market fluctuations.”

The full report, “Email in an evolving economy,” can be downloaded here .

About Mailjet by Sinch
More than 40,000 companies around the world use Mailjet by Sinch to strengthen connections with customers and subscribers while building their businesses through email marketing. Brands like Microsoft, Kia Motors, and Toast trust Mailjet to send billions of emails every year. Mailjet combines an intuitive, drag-and-drop email campaign builder with easy-to-use deliverability features to help businesses create and send beautiful emails without touching a single line of code.

For more information, please visit www.mailjet.com.

About Sinch
Sinch’s leading cloud communications platform lets businesses reach everyone on the planet, in seconds or less, through mobile messaging, email, voice and video. More than 150,000 businesses, including many of the world’s largest companies and mobile operators, use Sinch’s advanced technology platform to engage with their customers. Sinch has been profitable and fast-growing since its foundation in 2008. It is headquartered in Stockholm, Sweden, and has local presence in more than 60 countries. Shares are traded at NASDAQ Stockholm: XSTO:SINCH. Visit us at sinch.com.

For further information, please contact:

Marcel Kay
Global PR Director, Sinch AB

Email: marcel.kay@sinch.com

GlobeNewswire Distribution ID 1000755985

 

Lawmakers to continue debating bills on November 10

 

The 15th National Assembly (NA) deputies are scheduled to vote on the Law on the Implementation of Democracy at Grassroots Level before discussing the draft Law on Cooperatives (revised) and the draft Law on Protection of Consumer Rights (revised) on November 10, as part of their ongoing fourth session.

 

The draft Law on Cooperatives (revised) comprises of 12 chapters and 111 articles. Compared to the 2012 version, three articles are removed, 65 amended, and 49 others supplemented.

 

The building of the bill aims to complete the legal framework for the dynamic, effective and sustainable development of the collective economy, together with the State economic sector to become a firm foundation of the civil economy.

 

Meanwhile, the draft Law on Protection of Consumer Rights (revised) has seven chapters and 80 articles, clarifying regulations on principles and policies to protect consumers’ interests; rights and obligations of consumers; responsibilities of businesses and individuals towards consumers; activities of social organisations participating in the protection of consumers’ interests; the settlement of disputes between consumers and businesses and individuals; and State management of consumer rights protection.

 

On November 10 afternoon, the lawmakers are also to vote on a resolution on the socio-economic development plan for 2023./.

 

Source: Vietnam News Agency