Digital ad spend in Asia jumped 64% in 2022, as overall ad investment increased by 12%*
Singapore, 31 March 2023 – New data from Nielsen Ad Intel, the region’s leading comprehensive ad spend monitoring service, shows investment in advertising in Thailand, Indonesia, Singapore, Malaysia, Philippines, South Korea and Taiwan jumped by almost US$55 billion in 2022 - an overall increase of 12%. The rise was spearheaded by digital advertising, which grew by a whopping 64% from 2021, followed by outdoor at 19% and TV at 6%. As crowds returned to the movies, cinema advertising also rebounded, growing by 131%, while radio dropped 8%. Nielsen Asia President (Commercial), Arnaud Frade said, “These Ad Intel numbers for 2022 show marketers backing advertising as the best, most cost-effective way to connect brands with customers and keep them engaged. What they also demonstrate is that marketers need to be more savvy than ever about how they invest those ad dollars, utilising the very best data, in order to get an edge on their competition and maximise their ROI.” Those kind of insights are not only an advantage, but absolutely crucial in the highly competitive Asian market, says Nielsen Asia Managing Director (Advertisers), Aaron Rigby: “As the advertising environment becomes more complex, brands, agencies and media owners need the latest advertising intelligence to differentiate themselves from the competition and to carve out the best path forward for their brands and media. Nothing does better than Nielsen’s Ad Intel in helping you understand the advertising around you to improve your own .” Nielsen Ad Intel, which tracks competitive brand level ad activity across the entire media landscape, drilled down across selected Asian markets* to provide a local-level snapshot of ad investment, total spend, year-on-year growth, and driving factors. At a country, rather than channel level, Singapore led the year-on-year increase with growth of 10.17%. Thailand and Malaysia followed closely with growth of 9.12% and 8.05% respectively. Snapshot of 2022 ad spend by market Indonesia US $19.2 billion ¦5.02% from 2021 Online shopping and gaming led ad spend in Indonesia, which reached $19.2* billion for the year - a 5.02% increase from 2021, with TV, internet, and print media leading the way. Unilever, Mayora, and Valorant were the top three spenders. *The number is based on a gross rate card which excludes discounts and bonuses. Philippines US $18.8 billion ¦3.87% from 2021 Philippines' ad spend reached $18.8 billion in 2022, up 3.87%*. The personal care and hygiene industry, led by Procter & Gamble and Unilever Philippines dominated the list of top spenders. *Doesn’t include digital media (Digital starting monitor in 2022) South Korea US $8.7 billion ¦5.54% from 2021 South Korea's ad spend rose to $8.7 billion in 2022, up by 5.54%. The biggest spenders were tech companies, with Samsung leading the list, followed by LG Electronics and KT Corporation. HiteJinro was the only non-tech company in the top five advertisers. Thailand US $3.6 billion ¦9.12% from 2021 Thailand's ad spend increased by 9.12% in 2022 with FMCG companies topping the list. Unilever, Procter & Gamble, and Nestle were the biggest spenders, helping Thailand’s ad spend grow to $3.6 billion for the year. TV and digital media were the most utilised ad channels, with outdoor and cinema also seeing significant growth. Singapore US $1.6 billion ¦10.17% from 2021 Singapore’s ad spend reached $1.6 billion in 2022 - an increase of 10.17%. The highest spend came from social, followed by TV and outdoor. The list of top spenders was dominated by e-commerce and retail brands, with Lazada, NTUC FairPrice, and Amazon leading the pack.* *Social ad spend available from September 2021 onwards. Malaysia US $1.5 billion ¦8.05% from 2021 Malaysia's ad spend reached $1.5 billion in 2022 - a growth of 8.05%. TV, digital, and newspapers had the highest share. Fast food saw the highest growth, increasing 35% as McDonald's, KFC, and Pizza Hut topped the category list. Taiwan US $900 million ¦0.15% from 2021 Taiwan's ad spend rose slightly to $900 million in 2022, with TV being the most prominent medium. Health food topped the list of categories, with Procter & Gamble Home Products, Suntory Wellness Taiwan, and Standard Foods among the biggest spenders. ### *Data includes only these selected markets in Asia; Thailand, Indonesia, Singapore, Malaysia, Philippines, South Korea, and Taiwan
Southwire, Official Wire and Cable Provider of the ABB FIA Formula E World Championship
Southwire, one of North America’s leading wire and cable producers and an emerging influence in the electrical industry, will be the title sponsor of the 2023 Southwire Portland E-Prix in the ABB FIA Formula E World Championship on Saturday, 24 June. The 2023 Southwire Portland E-Prix will mark the United States debut of the GEN3 – the fastest, lightest, most powerful and efficient electric race car ever built – and the last of four new race locations in Season 9’s 16-race calendar following debuts in Hyderabad, Cape Town and São Paulo. Southwire was recently named as the Official Wire and Cable Provider for the ABB FIA Formula E World Championship, the world’s first all-electric FIA World Championship and the first sport in the world to be certified net zero carbon since its inception. As a part of Southwire’s ongoing collaboration with Formula E the company is committed to developing innovative systems and solutions that are closely aligned to Formula E’s purpose of accelerating change towards an electric and more sustainable future. Richard Oglesby, Senior Vice President of OEM and Industrial, Southwire, said: “Formula E represents innovation and sustainability, which are principles mirrored at Southwire. Our collaboration is an amazing opportunity for future advancements in e-Mobility. We're very proud and excited to be the title sponsor of the 2023 Southwire Portland E-Prix and to support this evolution to electrification.” Matt Scammell, Chief Commercial Officer, Formula E, said: “We are excited that Southwire is strengthening its relationship with the series to become title sponsor of a new race in the key US market. Our partnership is based on positive shared beliefs and values and we are looking forward to exploring new ways to collaborate in an exciting future.” The ABB FIA Formula E World Championship brings dramatic motor racing to the heart of some of the world’s most iconic cities, providing an elite motorsport platform for some of the world’s leading automotive manufacturers such as Jaguar, McLaren, Nissan, Porsche and Maserati to accelerate electric vehicle innovation. The city of Portland is famous for its sporting heritage and love of motorsport, with Indycar races held at its International Raceway as far back as 1984. Other major sporting leagues such as the Portland Trail Blazers of the National Basketball Association, the Portland Timbers of Major League Soccer and the Portland Thorns FC of the National Women's Soccer League are also all based in the city, alongside the global sportswear brand Nike.
Unveiling Vision 357 as the Asia Premiere and Redefining the Modern Sporty Luxury Brand, Marking 75 Years of Porsche Sports Cars
Seoul - Porsche Korea (Holger Gerrmann, CEO of Porsche Korea Ltd.) exhibited a total of 15 vehicles, including the Asia Premiere ‘Vision 357’, a commemorative design study for the ’75 Years of Porsche Sports Cars’ celebration at the Seoul Mobility Show 2023’. On the morning of the 30th, at a press conference held under the theme of 'Colors of Porsche' with media personnel and officials in attendance, Porsche Korea CEO Holger Gerrmann unveiled the 'Vision 357' and delivered the successful business performance of 2022 and growth roadmap conveying the value and vision of the modern luxury brand. Porsche Korea CEO Holger Gerrmann stated, "We are preparing more active management investments as well as an attractive product portfolio for our customers and fans in the Korean market, grown to be the 6th largest market in the world." He also emphasized, “To celebrate the ’75 Years of Porsche Sports Cars’ at the mobility show, we plan to inspire more people to dream through our motto ‘Driven by Dreams’." Especially, to introduce the 'Vision 357' in-person, Korean designer Woosung Chung from Style Porsche co-led the press conference and garnered attention. Frank Moser, Vice President Model Line 911 and 718 at Porsche AG, on his visit to Korea as one of the first markets in his new role, took the opportunity to take a close look at the mobility show and attended the conference. Porsche Korea emphasized that the brand would continue investments to lead the sports car segment in the domestic market, pursuing the “Porsche Strategy 2030” for sustainable mobility and “Road to 20” for long-term profit goals. Porsche Korea achieved record sales performance of 8,963 units last year, up 6.3 percent on year, with an attractive line-up based on the product strategies of “efficient gasoline,” “high-performance hybrid,” and “all-electric drive.” In line with Porsche AG's electromobility strategy to increase the proportion of all electric vehicle sales to more than 80 percent by 2030, Porsche Korea is concentrating on expanding AC and HPC charging infrastructure in Korea. Infrastructures in relation to sales and service is also planned to be expanded. It was started with the opening of ‘Porsche Studio Bundang’ to strengthen the electrification portfolio, the recent expansion and relocation of ‘Porsche Service Centre Daegu’ and the opening of ‘Porsche Service Centre Songpa’ to further improve consumer contact points. Also, in the eastern part of Seoul the ‘Porsche Store Songpa’ and ‘Porsche Centre Seongsu’ are planned to be added for customers' convenience. In addition, the ‘Porsche Do Dream’ social contribution campaign has been continuously carried out for 6 years and has produced meaningful results in a wide field of activity such as education, culture, art and environment. This year, in celebration of the ’75 years of Porsche sports cars’, Porsche plans to deliver an interesting brand story under the theme of ‘DREAM IN FULL COLOR’. The main stage of this mobility show showcased the concept car 'Vision 357', an homage to the brand's first sports car 'Porsche 356'. The ‘Vision 357’, which brings the monolithic form of the ‘356’ model to the present, emphasizes the importance of the Porsche brand heritage. The body proportions that balance the past, present and future reflect Porsche's unique design DNA, and the details visualize the future design philosophy. An improved light signature embodying a progressive vision of the future is a striking feature, and like all current Porsche models, a four-point light signet is installed. The round design of the headlights is also a throwback to the characteristic lights of the 356. Along with the “75” anniversary logo adorning the doors and the front of the design study like a racing car’s start number, ‘Vision 357’ includes various details for racing. Equipped with a naturally aspirated six-cylinder boxer engine, it theoretically draws 500PS and was designed to also operate on eFuels. Porsche Korea plans to exhibit a total of 15 colorful line-ups, including the ‘Vision 357’, the legendary ‘356A Speedster’, the racing car ‘963 LMDh’, ‘Mission R’, ‘911 RSR “Pink Pig”’, ‘911 Edition 50 Years Porsche Design’, ‘718 Cayman GT4’, ‘Taycan GTS’, and the ‘Panamera 4 Platinum Edition’. In addition to the wide array of line-ups exhibited, various on-site events are also scheduled. Porsche prepared 75th anniversary stickers and Porsche Christophorus magazines (limited quantity) as giveaways to visitors who followed the Porsche Korea’s KakaoTalk channel and the official Instagram account and uploaded a verification photo on a personal Instagram along with the required hashtags (#Porsche #Congratulations on the 75th anniversary of Porsche #drivenbydreams). Furthermore, in the ‘Dream Your Own Porsche’ zone prepared on the Porsche booth, 10 winners of those who posted their colorful Porsche on Instagram will be drawn and awarded with a Porsche model car. In the VIP lounge, special coffees and desserts are provided to commemorate the 75th anniversary, and personal color counselling is arranged. A very special auction to support children’s dream is also taking place. From March 30th to April 10th, one of the ‘Taycan 4S Cross Turismo for Jennie Ruby Jane’ by Sonderwunsch program of Porsche Exclusive Manufaktur is prepared to go on auction, and the actual car is displayed at the exhibition. The auction will be held on April 10th and a portion of the auction is arranged to be donated to Child Fund Korea to aid the children’s dream. More details are provided at BLACKLOT, an online auction site affiliated with Seoul Auction. Meanwhile, a ‘Porsche Design Master Class’ has been planned at the pop-up store ‘Porsche NOW Seongsu’, conducted by designer Woosung Chung from Style Porsche. Targeting media and domestic university students studying automobile design-related courses, the class is filled with various programs including a drawing session, a design talk, and a Q&A session about the past, present, and future of Porsche design - which not only follows its iconic form and function, but has over decades created some of the most fascinating automotive designs.
Venturi Astrolab’s FLEX rover to launch to the Moon on an upcoming SpaceX mission
In three years' time, the Monegasque Venturi Group will write the most impressive page in its history: in 2026, the FLEX (Flexible Logistics and Exploration) rover, the result of an international collaboration (see below), will head for the Moon. The American company SpaceX will be responsible for transporting the rover, which will be the largest and most capable in the history of lunar vehicles. SpaceX will use its Starship launch and landing system to transport FLEX to the lunar surface. HISTORY AND PROGRAMME It was in 2019, under the impetus of Venturi Group's President, Gildo Pastor, that the electric lunar rover programme was imagined and then put in place. A Swiss entity, Venturi Lab S.A., was created. At the same time, a strategic partnership was created with an American-owned company based in Los Angeles (Hawthorne), Venturi Astrolab, Inc (Astrolab). Astrolab and Venturi Lab work with Venturi Group's historic base in Monaco. Together, the three companies are designing, developing and building the FLEX rover. As early as 2026, FLEX - deposited by the Starship launch and landing system on the surface of the moon - will become operational. It will demonstrate its efficiency, viability and capacity to conduct scientific experiments and commercial activities. STRUCTURE AND EXPERTISE The collective team includes engineers and scientists from the fields of space mobility, terrestrial and planetary robotics, industry, development, advanced technology research, electromobility, fuel cells and batteries, hydrogen storage, composite materials and processes manufacturing. Each company provides the following expertise: - Venturi Group in Monaco is dedicated to high performance batteries. In this, it is accompanied for the test phases by its US subsidiary, Venturi North America (Ohio, USA). This branch is located at Ohio State University and works closely with its mechanical engineering students. - Venturi Lab creates materials resistant to extreme conditions (low temperatures and radiation), high-performance solar panels, deformable wheels and electrical control systems. It also manages relations with ESA. - Venturi Astrolab designs the vehicle architecture, its primary structure & mechanisms, develops its software and avionics, assembles it, and conducts validation testing. The rover’s human factors and aesthetic design have been informed and inspired by designer Sacha Lakic. Lakic has a long history of collaborating on the design of Venturi Group’s innovative vehicles. CHALLENGES AND DEVELOPMENT The harsh lunar environment imposes a multitude of challenges for the system. For example, FLEX must be reliable over the very long term, withstand temperatures of between -90°C and -230°C, resist radiation and be able to operate for a fortnight in the darkness of the South Pole of the Moon. There is also the constraint of the vehicle's control modes. The rover will have to be able to traverse semi-autonomously, be piloted by the astronauts on board, be commanded from the future station in lunar orbit, and also from Earth. FOCUS ON VENTURI LAB Venturi Lab was co-founded in 2021 by Gildo Pastor and Dr. Antonio Delfino in Corminboeuf, in the Canton of Fribourg (Switzerland). The team is made up of experienced and passionate engineers, chemists and physicists who hold over 250 accumulated patents in the fields of electromobility, fuel cells, materials science, composite materials, processes, software engineering, computer science, space mobility and polymer science. Each engineer has over 20 years of experience in applied technology. Together they design and build new space mobility components and materials, resilient to the extreme environmental conditions of the Moon and Mars. "Over the past two decades the Venturi Group has developed some truly unique, high performance electric vehicles. The time has come to go further and put the Venturi Group in the history books. We are proud to be a strategic partner of Venturi Astrolab in its work in designing and developing the FLEX rover. Upon completion of this mission, the FLEX rover will be the largest and most capable rover ever to travel to the Moon. This is an extraordinary achievement and one that is a highlight of my professional life, a life that has always been characterized by innovation, adventure and the realization of dreams I was told were impossible to fulfill. As important as this milestone is, I know it's just the first of many that Venturi and Astrolab will achieve." - Gildo Pastor, President of the Venturi Group and co-founder of Venturi Lab « With this agreement between Venturi Astrolab and SpaceX, we are taking a decisive step forward, as we enter the phase of concretization and qualification of our space technologies: Venturi Astrolab’s rover will indeed be on the Moon in three years. Together with passion and determination, we will tackle the remaining technological challenges in preparation for launch in 2026 ». - Antonio Delfino - Director & co-founder of Venturi Lab and Member of the Venturi Astrolab Advisory Board "We have created much more than a rover for use on the Moon or Mars. FLEX is a logistics system capable of handling a wide variety of cargo. We believe that this approach will enable a permanent lunar outpost to be established on the Moon at a lower cost and in less time than expected. We are delighted that this contract with SpaceX will allow Venturi Astrolab to demonstrate the benefits of the FLEX rover and its modular payload system." - Jaret Matthews, founder and CEO of Venturi Astrolab
The White Buffalo’s “Wish It Was True” in “Waco: American Apocalypse” the #1 Hit Netflix Doc Series
The White Buffalo’s song “Wish It Was True” has struck a chord with audiences for its raw emotions and portrayal in the #1 hit Netflix documentary "Waco: American Apocalypse." Intense and beautiful, the acoustic song, a fan favorite, is also the greatest gainer this week on the Shazam USA Top 100, and the third-biggest mover in the U.K., in addition to receiving a massive increase in streams and playlist adds. “This song has taken on many shapes and has become somewhat of an anthem for veterans,” says The White Buffalo, aka Jake Smith. “It’s about missteps and misfortune with family, God, and country. A search for truth through the eyes of delusion.” "Waco: American Apocalypse" filmmaker Tiller Russell adds, “The White Buffalo’s ‘Wish It Was True’ is a rare and precious thing--a beautiful and poignant song that drips righteously with Americana. As soon as we saw it against picture in the edit of ‘Waco: American Apocalypse’, we knew… this is the one.” Released to coincide with the 30th anniversary of this national tragedy, “Waco: American Apocalypse” is directed by acclaimed filmmaker Tiller Russell ("Night Stalker") and has gained widespread popularity reaching #1 in the U.S. on Netflix. The limited series is based on the controversial 1993 standoff between the FBI and the Branch Davidians, a religious cult led by David Koresh, that took place in Waco, Texas and features exclusive access to recently unearthed videotapes filmed inside the FBI Crisis Negotiation Unit, as well as raw news footage never released to the American public, and FBI recordings. Using cutting-edge visual technology, “Waco: American Apocalypse” plunges viewers inside the multifaceted clash between the Branch Davidians and federal law enforcement in an epic drama about God and guns in America. The White Buffalo’s critically acclaimed new album Year of the Dark Horse is available worldwide via Snakefarm, HERE. https://thewhitebuffalo.lnk.to/YearOfTheDarkHorse A collection of 12 musical vignettes individual yet constant in flow, Year of the Dark Horse is The White Buffalo’s most sonically ambitious and well-rounded album to date, with the full scope of Smith’s songwriting craft on view. Recorded at Neon Cross studio in Nashville with producer Jay Joyce (Eric Church, Brothers Osbourne, Fidlar)--the 10-track album has now debuted to critical praise across the globe. On YOTDH, the Emmy-nominated, Oregon-born, and Southern California-bred artist The White Buffalo aka Jake Smith, took the less-traveled path and embarked on a voyage of discovery. Bassist, keyboard player, and guitarist Christopher Hoffee, and drummer Matt Lynott added to the recordings and round out the group on the road. The Telegraph hailed Year of the Dark Horse “a big, bold, uncompromising album in which Smith’s almost confrontationally honest lyrics, rich melodies and emotional voice have been given the kind of expansive setting they deserve,” while American Songwriter described it as a “tilt-a-whirl of melting soundscapes,” and a “funhouse of melodies that shapeshift in your ears.” Elsewhere, Saving Country Music said YOTDH “goes beyond a concept album, it’s almost like a mini musical of the past year of Jake Smith’s life. …a brilliantly written album.” Centered around the shifting of seasons paralleled with the changes in a relationship. Smith’s evocative storytelling and emotionally weighted songs on Year of the Dark Horse allow the imagination of the listener to play an important part throughout; the music builds on a tale of debauchery and blame, of love and loss, a life lived against the odds, with the whole thing set in one lunar year, and following our anti-hero through the highs and lows of the seasons. From highlights “Kingdom For A Fool,” “52 Card Pickup,” and “Donna,” Year of the Dark Horse offers an invigorating and wonderfully unpredictable listen. Recently, The White Buffalo stopped by Jimmy Kimmel Live! to perform their new single “C’mon Come Up Come Out” on late-night television for the first time. Watch and share as The White Buffalo, aka Jake Smith, and his band perform the song “C’mon Come Up Come Out” on Jimmy Kimmel Live! HERE. In addition, Jake joined Foo Fighters/Dead Peasants guitarist Chris Shiflett on his popular podcast “Walking The Floor” with Chris Shiflett. Listen as the duo take a deep dive into their diverse musical influences from Outlaw Country to Alt Rock, and Americana to Punk, HERE. https://podcasts.apple.com/us/podcast/walking-the-floor-with-chris-shiflett/id725700990 The White Buffalo are readying a tour of Europe and the U.K. on May 18. The group will open for the legendary Bruce Springsteen on Sunday, May 21 at Circo Massimo in Rome, Italy before shows in the U.K., Germany, France, The Netherlands, Spain, and Ireland.
Ghost Hounds Release Captivating Video For New Single "Dirty Angel," Out Today
Is it hot in here, or is it just the new music video from Ghost Hounds? The blues-rock group has released a tantalizing video for their recent single “Dirty Angel,” out now via Gibson Records Ghost Hounds released the new single earlier this month to acclaim from American Songwriter, Consequence, SPIN, and more. “Dirty Angel” is the first single off the band’s upcoming album, giving listeners an exciting look at what they can expect from the new record. The energetic track highlights the band’s signature soaring guitars and powerful vocals. The music video adds a new layer of depth to the track, perfectly capturing the song’s galvanic essence. The video cuts beautifully between the band performing in a massive horse arena and moody shots of stunt-rider equestrian Mia Rae alongside her rearing horse, with the two scenes finally converging to create exciting interplay at the end of the video. On creating the video, guitarist Johnny Baab elaborates, “for the visual, we knew we wanted something that felt unique and would lend itself to the mood of the song, so we filmed it in a majestic horse arena outside of L.A. on a cold and rainy night with a few of our guys and the amazingly talented, Mia Rae. The entire team involved did an incredible job coming together and we are very grateful for them helping the vision come to life.” Blues-rock fans can look forward to Ghost Hounds’s fourth album out this June. Above: Ghost Hounds (L-R): Thomas Tull (Guitar), Blaise Lanzetta (Drums), Tré Nation (Lead Vocals), Bennett Miller (Bass), Johnny Baab (Guitar), and Joe Munroe (Keys).
Gibson Partners with 5X GRAMMY Award-Winning Green Day Frontman To Create His Beloved Les Paul Junior Guitar
Gibson, the iconic American instrument brand, has shaped sound across generations and genres of music, becoming one of the most relevant, played, and loved guitar brands around the world. Designed in collaboration with Green Day’s legendary guitarist, Billie Joe Armstrong, Gibson is proud to unveil the new Billie Joe Armstrong Les Paul Junior. The new Gibson Billie Joe Armstrong Les Paul Junior is available worldwide at authorized Gibson dealers and on www.gibson.com “The single cut 50’s Les Paul Jr has been the root of my guitar tone for over 20 years,” says Billie Joe Armstrong. “Ever since I bought ‘Floyd’ my 1956 Sunburst Jr, in the early 2000’s I have been addicted. It’s a simple, raw, and powerful guitar that has a sound that just can’t be beat! Plug it straight into any tube amp, crank it and it will roar!“ The new Billie Joe Armstrong Les Paul Junior is an exceptional guitar to rock out on, whether you play rock or punk. This guitar has everything players need for great tone with no frills to get in the way, including a mahogany neck with Billie Joe Armstrong SlimTaper profile, rosewood fretboard, Graph Tech nut, and Billie Joe’s signature on the truss rod cover. The mahogany body is equipped with a wraparound bridge/tailpiece and a P-90 DC Dogear pickup. The P-90 DC--Gibson’s latest hum-canceling pickup designed by Gibson master luthier Jim DeCola--features a modernized version of the Sidewinder dual-coil technology that was first developed by Seth Lover in 1958, delivering a hum-free P-90 with the most authentic P-90 tonality yet, retaining the classic sound of a single coil P-90 while eliminating the noise. The Gibson Billie Joe Armstrong Les Paul Junior is offered in Silver Mist and Vintage Ebony Gloss nitrocellulose lacquer finishes and a Custom Billie Joe Armstrong Protector hardshell case with a pink exterior, and a striking leopard-print interior is also included. “The collaboration between Billie Joe and Gibson has been long standing, popular and successful,” says Jim DeCola, Master Luthier at Gibson. “Billie Joe has previously used our P-90 and P-100 pickups to great effect and for him to choose the P-90DC on his latest guitar is quite an honor. The P-90 DC continues the legacy which Seth Lover started by applying his ‘Sidewinder’ concept (coils rotated 90 degrees with a single row of pole screws) to a guitar pickup. It was introduced in the late 50’s on the Gibson EB 0 and EB 2 basses, and not applied to a guitar pickup at the time. Seth’s concept has now been reimagined and applied to a guitar pickup utilizing modern components and manufacturing methods to create a hum-canceling P-90 pickup with the most authentic P-90 tonality yet.” Green Day has become one of rock’s sturdiest institutions, a band whose sound threads the three-chords-and-a-head-rush excitement that runs through everything from East bay punk, power pop, 60s garage and hard rock. The band, inducted into the Rock and Roll Hall of Fame in 2015, has released thirteen studio albums to date including the Diamond-selling Dookie, punk rock opera album turned Broadway musical American Idiot. Green Day brought their sold-out Hella Mega headline stadium run to the UK and Europe this past summer, as well as, headlining festivals including Innings, Shaky Knees, Lollapalooza, Outside Lands, Rock In Rio, Sea Hear Now, and Firefly. Green Day played Formula 1 Grand Prix’s in Austin and Singapore Grand Prix performing to their largest crowds in three years. Outside of Green Day, Billie Joe also fronts The Foxboro Hot Tubs, The Longshot, and The Coverups.
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NMG Pays Accrued Interests
MONTRÉAL--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec, Pallinghurst Bond Limited and Mitsui & Co., Ltd. (the “Holders”) for the first quarter of 2023 under the unsecured convertible notes (the “Notes”) issued in connection with the private placement announced by press release dated November 8, 2022 will be deemed paid. 234,039 common shares at a price of US$5.11 (each, a “Common Share”) representing an aggregate amount of US$1,195,938 will be issued and share certificates will be delivered to the Holders at the maturity or conversion of the Notes in payment of the accrued interests due on March 31, 2023 for the first quarter of the year. The issuance of Common Shares is subject to the approval of the Exchanges and, when issued, will be subject to a hold period of four (4) months and one day. Amended and Restated Notes In addition, NMG will, subject to the approval of the Exchanges, amend and restate the Notes by (i) removing the interest capitalization provisions, such that accrued interest will be deemed paid in full at each quarter following the Exchanges approval, (ii) increasing the interest rate to the greater of (a) 7% and (b) the 3-month Term SOFR plus 5% and (iii) permitting NMG to deliver share certificates to the Holders upon maturity, conversion or redemption, as the case may be, of the Notes. About Nouveau Monde Graphite NMG is striving to become a key contributor to the sustainable energy revolution. The Company is working towards developing a fully integrated source of carbon-neutral battery anode material in Québec, Canada for the growing lithium-ion and fuel cell markets. With enviable ESG standards, NMG aspires to become a strategic supplier to the world’s leading battery and automobile manufacturers, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability. www.NMG.com Subscribe to our news feed: https://bit.ly/3UDrY3X Cautionary Note Regarding Forward-Looking Information All statements, other than statements of historical fact, contained in this press release including, but not limited to those describing the potential conversion of the Notes, the issuance of the Common Shares and those statements which are discussed under the “About Nouveau Monde Graphite” paragraph and elsewhere in the press release which essentially describe the Company’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of Canadian and United States securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Moreover, these forward-looking statements were based upon various underlying factors and assumptions, including the current technological trends, the business relationship between the Company and its stakeholders, the ability to operate in a safe and effective manner, the timely delivery and installation of the equipment supporting the production, the Company’s business prospects and opportunities and estimates of the operational performance of the equipment, and are not guarantees of future performance. Forward-looking statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, delays in the scheduled delivery times of the equipment, the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the availability of financing or financing on favorable terms for the Company, the dependence on commodity prices, the impact of inflation on costs, the risks of obtaining the necessary permits, the operating performance of the Company’s assets and businesses, competitive factors in the graphite mining and production industry, changes in laws and regulations affecting the Company’s businesses, political and social acceptability risk, environmental regulation risk, currency and exchange rate risk, technological developments, the impacts of the global COVID-19 pandemic and the governments’ responses thereto, and general economic conditions, as well as earnings, capital expenditure, cash flow and capital structure risks and general business risks. A further description of risks and uncertainties can be found in NMG’s Annual Information Form dated March 23, 2023, including in the section thereof captioned “Risk Factors”, which is available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Unpredictable or unknown factors not discussed in this Cautionary Note could also have material adverse effects on forward-looking statements. Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. The market and industry data contained in this press release is based upon information from independent industry publications, market research, analyst reports and surveys and other publicly available sources. Although the Company believes these sources to be generally reliable, market and industry data is subject to interpretation and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data-gathering process and other limitations and uncertainties inherent in any survey. The Company has not independently verified any of the data from third-party sources referred to in this press release and accordingly, the accuracy and completeness of such data is not guaranteed. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Further information regarding the Company is available in the SEDAR database (www.sedar.com), and for United States readers on EDGAR (www.sec.gov), and on the Company’s website at: www.NMG.com This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold to, or for the account or benefit of, persons in the United States or U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. "United States" and "U.S. person" are as defined in Regulation S under the U.S. Securities Act. Contacts MEDIA Julie Paquet VP Communications & ESG Strategy +1-450-757-8905 #140 email@example.com INVESTORS Marc Jasmin Director, Investor Relations +1-450-757-8905 #993 firstname.lastname@example.org
ZYNEX ALERT: Bragar Eagel & Squire, P.C. is Investigating Zynex, Inc. on Behalf of Zynex Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)--#A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Zynex, Inc. (“Zynex” or the “Company”) (NASDAQ: ZYXI) on behalf of Zynex stockholders. Our investigation concerns whether Zynex has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On March 6, 2023, Zynex postponed the release of its fourth quarter and full year financial results. Following this news, on March 7, 2023, the stock closed down 21.35%. If you purchased or otherwise acquired Zynex shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Contacts Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Melissa Fortunato, Esq. (212) 355-4648 firstname.lastname@example.org
Hai Robotics Wins Innovation Award for Existing Product at Promat 2023
FREMONT, Calif.--(BUSINESS WIRE)--Hai Robotics, a leading provider of intelligent automated warehousing solutions, has won the MHI Innovation Award for Best Innovation of an Existing Product for their A42T Autonomous Case-handling Robot (ACR). This prestigious award was announced at ProMat 2023, held in Chicago, on Wednesday, March 22nd. The MHI Innovation Award recognizes Hai Robotics for their groundbreaking work in developing advanced equipment for automated storage and retrieval solutions (ASRS) and recognizes the company's commitment to advancing their customer’s success with innovative and cutting-edge technology. The A42T ACR is the first goods-to-person equipment that extends upward allowing facilities to store items up to 10m (32+ feet) high, while remaining independent of any storage medium. It is highly intelligent, able to handle most totes or container sizes and types, even cardboard boxes, on standard industry shelving structures. Comparable systems often require unique and expensive custom precision structures with limited tote options to function, but the A42T ACR is a revolutionary robotic design, freeing facilities of the old rigid ASRS constructs. This robot provides maximum system flexibility typically seen with AMR or AGV technology while allowing facilities to obtain modern warehouse density with maximum use of vertical storage. This award is a testament to Hai Robotics’ dedication to excellence and its ability to deliver intelligent automation solutions that help businesses increase efficiency, reduce costs, reduce storage footprint, and improve overall productivity. "We are thrilled to have won the Innovation Award at ProMat 2023," said Brian Zheng, CEO of Hai Robotics USA. "This award is a recognition of our team's hard work, dedication, and commitment to driving innovation in the industry. We are proud to be at the forefront of intelligent warehouse automation and are committed to delivering advanced solutions that help our customers stay ahead of the game." The ProMat 2023 event brought together many thousands of industry experts, professionals, and businesses from around the world to showcase the latest technologies, products, and solutions in the field of automation and material handling. The event is an excellent opportunity for attendees to explore new technologies. Visitors were able to witness the A42T ACR live where it demonstrated 32-foot-high tote picks from one of the tallest structures built at the event. "We are honored to have received this prestigious award, and we thank MHI for hosting such an exceptional event," said Rebecca Lennartz, Director of Marketing for Hai Robotics USA. "We look forward to continuing to drive innovation in the industry and helping businesses achieve their automation goals." About HAI Robotics Hai Robotics is a leading global provider of intelligent automated storage and retrieval systems (ASRS). Their ASRS solutions provide modern storage density, reducing their customer’s storage footprints up to 75%, increasing workflow efficiency gains up to 4x, maximizing order pick accuracy to 99.9+%, and improving daily orders fulfilled rate over 170%. Their Autonomous Case-handling Robots (ACR) are the key equipment in their systems. These robots maximize the use of vertical space, managing the storage of goods 32+ feet high. Their solutions are independent of any storage medium so the ASRS can be built using almost any standard racking structure, and the equipment manages most kinds and sizes of bins, trays, cardboard cartons, and a variety of containers and materials. Hai Robotics provides intelligent ASRS solutions made for real world applications. To know more about Hai Robotics and their A42T ACR, visit their website at https://www.hairobotics.com/ Contacts email@example.com
Javer, Six Consecutive Years of Being Distinguished as a Socially Responsible Company
NEW YORK--(BUSINESS WIRE)--On February 27, Javer was distinguished anew as a socially responsible company after appearing on the preliminary list of recipient firms of the 2023 ESR Distinction (ESR is the Spanish acronym for corporate social responsibility), to companies with sound CSR (Corporate Social Responsibility) practices. This is the sixth time in a row that the Construction Firm achieves this accolade. The renewal of its ESR Badge is a new demonstration of Javer's unwavering commitment to sustainability. In recent years, the Company has intensified its ESG efforts, adopting a CSR model aligned with the ISO 26000 standard, to identify areas of impact and prepare comprehensive solutions that contribute to: i) ensuring the well-being of its associates; ii) environmental preservation; and iii) making a positive impact on society. For the first objective, the Company follows a three-pronged approach: Training and Talent Development; Occupational Health and Safety; and Job Satisfaction. Through this, the Company fosters a healthy & safe work environment that utterly promotes gender equality and equal opportunities, for its associates to grow as professionals while enjoying competitive salaries and benefits. On the environmental front, Javer counts on various initiatives that invite its associates and the public to join the fight against climate change, highlighting its traditional tree planting and flora rescue programs, as well as its recycling campaigns. Thanks to such initiatives, Javer boasts a track record of roughly 52,000 trees planted (18,975 in 2022); over 19,000 plants rescued (1,239 in 2022); 4,690 sprouted trees (1,000 in 2022) and 1,760 sprouted cacti (1,200 in 2022); and up to 29,000 kg of recycled material (6,700 kg in 2022). Finally, social-wise, the Housing Firm has 22 community centers distributed over the communities where it is present. These centers serve as the ideal place for Javer to conduct different activities aimed at supporting those most in need and making a positive impact in the community. It is expected that Javer will continue on the same path, faithful to its aspiration to become a leader in Corporate Social Responsibility for the sector and the country, endorsing its status as a Socially Responsible Company year after year. Read the full release at: Emerging Exchange Contacts Ricardo Avila firstname.lastname@example.org+1 646 419 4004
Leeward Renewable Energy to Attend 2023 Wells Fargo Clean Energy Symposium
DALLAS--(BUSINESS WIRE)--Leeward Renewable Energy (“LRE”) today announced that members of its management team are scheduled to attend the 2023 Wells Fargo Clean Energy Symposium on March 28, 2023 in New York, New York at the Lotte New York Palace. Greg Hazelton, Chief Financial Officer, Theodore D. Matula, Chief Legal Officer, and Chris Loehr, Senior Vice President Finance, will be available for onsite one-on-one and small group meetings with investors. Attendance at this conference is by invitation only. Interested investors should contact their respective sales representative to register and, for one-on-one meetings, secure a time with LRE through Deirdre Gilfeather at Deirdre.email@example.com or 646-648-3945. About Leeward Renewable Energy, LLC Leeward Renewable Energy (LRE) is a leading renewable energy company that owns and operates a portfolio of 24 renewable energy facilities across nine states totaling approximately 2,500 megawatts of generating capacity. LRE is actively developing and contracting new wind, solar, and energy storage projects in energy markets across the U.S., with 1.9 gigawatts contracted and 20 gigawatts under development and construction, spanning over 100 projects. LRE is committed to providing long-term, sustainable energy solutions across all its projects that benefit its community partners while protecting and enhancing the environment. LRE is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada’s largest defined benefit pension plans with C$121 billion in net assets (as at December 31, 2021). For more information, visit www.leewardenergy.com. Contacts Kelly Kimberly 713.822.7538 Liz James 281.881.5170 FGS Global firstname.lastname@example.org