Orders for the Eviation Alice Pass US$ 2 Billion

Order Book for the World’s First Flight-Tested All-Electric Passenger Airplane Passes Major Milestone

ARLINGTON, Wash., Nov. 2, 2022 /PRNewswire/ — Eviation Aircraft, a manufacturer of all-electric aircraft, today announced that the order book for its world-leading nine-seater all-electric Alice airplane has passed a total value of US$ 2 billion.

Eviation logo.

The Eviation Alice conducted its first flight on 27 September 2022 at Grant County International Airport (MWH), Washington, U.S., the first all-electric commuter airplane to pass this test. This historic achievement marked the start of a new phase in the development of the Alice. Eviation is now focused on its certification program on the way to completing Entry into Service (EIS). Customers for the Alice so far include U.S. regional airlines Cape Air and Global Crossing and German airline operator EVIA AERO.

“Our order book passing the US$ 2 billion mark is a significant commercial milestone,” said Gregory Davis, President and CEO of Eviation. “This success demonstrates that the Alice is leading the industry and meeting the market demand for zero-carbon flight. We are already seeing a growing clamour from passengers for sustainable aviation, matched by an increasingly robust attitude from regulators. By ordering the Alice, our forward-thinking customers are positioning themselves wisely for the future.”

The Alice, built from a clean-sheet design around all-electric propulsion, produces no carbon emissions and costs significantly less to operate per flight hour compared to light jets or high-end turboprops. The aircraft is also quieter than combustion engine aircraft, allowing more flights into cities and communities where noise is a factor. Together, these developments promise to usher in a new era of low-cost point-to-point travel, reshaping the commuter and regional air market. Alice is powered by two magni650 electric propulsion units developed by magniX, the global industry leader in flight-proven electric propulsion systems.

“With almost 300 aircraft now on order, the Alice is receiving strong customer endorsement. The aircraft is capturing the hearts and minds of the marketplace with its beautiful design, low operating costs and carbon zero footprint,” said Eddie Jaisaree, Vice President, Commercial Sales at Eviation. “The Alice will not just protect the planet but also create a more enjoyable flight experience for passengers. Considering the environmental and fuel cost challenges facing conventional airlines, incorporating the Alice into our customers’ fleets will give them a significant competitive advantage.”

About Eviation Aircraft

Based in Washington State, Eviation Aircraft Inc. develops and manufactures electric aircraft to delight operators and passengers with green, cost efficient and convenient regional transportation. Its electric propulsion units, high-energy-density batteries, mission-driven energy management, and innovative airframe are designed from the ground up for electric flight. Please visit us at www.eviation.com.

Logo – https://mma.prnewswire.com/media/1509407/eviation_logo.jpg

CCTV+: Lyrics of In the Name of Youth

BEIJING, Nov. 2, 2022 /PRNewswire/ — Ruijin, the cradle of the People’s Republic of China, has created countless firsts in history. Songping Village is a historic site. On a wall, there wrote a few essays, rough in lines but tender in style, appearing to be doodles of pupils. In fact, these essays were written by the Red Army soldiers, who studied here some 90 years ago.

In the 1930s, the Kuomintang carried out a raging military “encirclement and suppression” and economic blockade in the Central Soviet Area. In 1933, the Communication School of the Chinese Workers’ and Peasants’ Red Army was established at Pingshan Hill of Songping Village during the ravaging war. A group of young Red Army soldiers, aged 16 to 17, with lower than elementary school-level knowledge, diligently studied radio technology to build the communication network for the Red Army.

It has been 90 years since then. Today’s young students may not be able to feel the hunger and thirst for knowledge of the youth in those days. After 90 years, we can no longer decipher how the young soldiers felt when they painted the graffiti on the wall. However, we can see traces of their lives here. This is the place where their loud reciting voices and their flourishing youth were recorded. It was during those years that they bravely rushed to the battlefield of communication only after a short period of learning.

The once teenagers became fading figures in the ocean of time, but their essays on the wall are still clear. What the rough and tender strokes represent is the indelible spirit of the Red Army. After 90 years, the wish behind the graffiti has already come true. The loyalty, faith, dedication, and sacrifices of generations of Communists have initiated the great revival of the Chinese nation. The shadows of the past are bygone, but the red mark on the land of Jiangxi has never faded and shall always remain brilliant.

Video – https://mma.prnewswire.com/media/1935979/Lyrics_of_In_the_Name_of_Youth.mp4

 

Zoom to Release Financial Results for the Third Quarter of Fiscal Year 2023

SAN JOSE, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced it will release its financial results for the third quarter of fiscal year 2023 on Monday, November 21, 2022, after the market closes.

A live Zoom Video Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom’s investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Public Relations
Colleen Rodriguez
Head of Global PR
press@zoom.us

Investor Relations
Tom McCallum
Head of Investor Relations
408.675.6738
investors@zoom.us

GlobeNewswire Distribution ID 8686055

Hisense Launches New Soundbars and Party Speaker in South Africa, Bring Listening Experience to a New Level

CAPE TOWN, South Africa, Nov. 1, 2022 /PRNewswire/ — Hisense, a leading electronics manufacturer, announced that the company is bringing a new suite of offerings dedicated to elevating the listening experience to South Africa. The three products – HP100 Speaker for party music, Dolby Atmos® AX5100G and AX3100G Soundbar for theatre-level entertainment, are crafted with the purpose to deliver size-defying performance, packing sound-enhancing features that complement users’ home cinematic setups to create an immersive audio-visual experience

“Whether it is for a home movie night or an outdoor friend gathering, we hope to offer our customers a range of products with easy-to-use and powerful features that allow them to create immersive cinematic or musical experiences,” said Patrick, marketing director of Hisense South Africa.

The Hisense Party Rock Speaker HP100 has a trendy and eye-catching appearance with a sleek black finish and coloured light panels around its four speakers. With its powerful sound system and great versatility, HP100 is designed to level up the party experience with various cool features, including the Karaoke Mode, five lighting effects, and five DJ effects.

The HP100’s compact yet mighty sound powerhouse is fitted with two 6.5″ woofers and two 2.5″ tweeters, supercharged by its 300-watt power output, capable of delivering loud crisp sound and deep, pumping bass. Thanks to its 15 hours of battery life and an IPX4 splashproof design, HP100 allows the users to enjoy all-night fun with the dazzling light rims adding an electrifying effect to the music scene.

Users can take advantage of AX5100G’s 340-watt maximum power output to enjoy the room-filling immersion, along with the support for Dolby Atmos® and DTS: X® that can transform music, film or gaming content into a breathtakingly realistic surround auditory feast.

Both the AX5100G 5.1-channel and AX3100G 3.1-channel Soundbars feature seven speakers that transport the listener to the centre of the music or movie scene, as well as a powerful 6.5′′ wireless subwoofer that delivers rich and beefy bass, allowing users to enjoy exceptional detail and depth of their favourite tracks and shows. The two models are designed for greater simplicity and versatility, with a wall-mountable design and a wide choice of connectivity options that allow users to easily set up the device with simple installation steps.

Photo – https://mma.prnewswire.com/media/1934888/image_5020023_32572150.jpg

EMGA Secures US$ 20M Debt Finance for Costa Rica’s Banco Improsa

LONDON, Oct. 31, 2022 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA) for the second time working with Banco Improsa, secures this US$20M facility from the Spanish Agency for International Development Cooperation (AECID) – AECID (advised by COFIDES).

Commenting on the transaction, Felix Alpizar, General Manager of BANCO IMPROSA, said: “Banco Improsa is very honored to be recognized by AECID and COFIDES for both its track record and programs to finance and support Costa Rican micro, small and medium-sized enterprises (MSMEs). With this credit we will continue our contribution to the economic and social development of the country.”

EMGA’s Head of Investment Banking Sajeev Chakkalakal said, “A pleasure again to facilitate Banco Improsa’s continued vision of supporting SMEs within Costa Rica and complete this funding solution with AECID (advised by COFIDES).”

José Luis Curbelo, chairman and CEO of COFIDES, stated that “we are pleased to support AECID in its first impact project with EMGA and IMPROSA in the Central American region. The transaction will be used to finance small and medium enterprises in Costa Rica, which will contribute to the creation and maintenance of quality jobs and reducing inequalities. We look forward to continuing these strategic partnerships, which enhance economic growth in developing countries by strengthening the private sector through sound financial support.”

Carlos Jiménez Aguirre, General Manager of FONPRODE and Head AECID’s Financial Cooperation Department expressed that “the formalization of this transaction reflects Spanish Cooperation’s aims to contribute to expand the financial support for Costa Rican micro, small and medium-sized enterprises (MSMEs), as MSMEs play a key role in creating and maintaining decent jobs and reducing inequalities. Our intention is to expand this kind of support to other Central American countries in providing access to finance to MSMEs, with a special focus on mainstreaming gender and climate change strategies in private sector activities.”

Emerging Markets Global Advisory LLP, based in London, helps emerging market based financial institutions and corporates seeking new debt or equity capital.

Banco Improsa was founded in 1995 and is a niche bank with a specialization in providing financial solutions and services to MSMEs, which account for most of its portfolio. It has an extensive track record in providing support and advisory services to MSMEs. Banco Improsa’s key success factor lies in its commitment to high standards of personalized, agile, and flexible service, which, together with customized financial solutions, have enabled it to achieve a solid position in these segments. Banco Improsa is part of Grupo Financiero Improsa (GFI).

Fund for the Promotion of Development (FONPRODE), managed by Spanish Agency for International Development Cooperation (AECID) with the support of COFIDES (Spanish Development Finance Institution). AECID is the main management body of Spanish Cooperation and is oriented towards the fight against poverty and the promotion of sustainable development. COFIDES provides support management for FONPRODE with reimbursable financing operations that promote social and economic development of partner countries through investments or transfers of economic resources with a reimbursable nature. FONPRODE may finance non-reimbursable and reimbursable debt and equity. Examples of refundable financing offered by FONPRODE are loans to financial service providers aimed at financial inclusion.

COFIDES, a state-owned company engaging in the management of State and third-party as well as its own funds, pursues several aims; internationalization of Spain’s economy, furtherance of economic development and fortification of the solvency of companies affected by COVID-19. In addition to the Spanish State, its shareholders include Banco Santander, Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell and Development Bank of Latin America (CAF).

Jeremy Dobson

info@emergingmarketsglobaladvisory.com

GlobeNewswire Distribution ID 1000753987

Pawel Lopatka Joins Customertimes as Strategic Portfolio Leader

NEW YORK, Oct. 31, 2022 /PRNewswire/ — Customertimes, an international leader in digital solutions and a global Salesforce integration and implementation partner, announced today that veteran IT executive Pawel Lopatka has joined the company as Strategic Portfolio Leader.

Mr. Lopatka brings a broad suite of skills and strategic expertise to his new role. He is regarded as one of the most effective, innovative managers working in Poland’s IT sector, with deep experience in financial technology, retail, media, digital transformation, outsourcing, the Metaverse, and mergers & acquisitions.

Recognized by the Pro Progressio Foundation as Manager of the Year in 2018 and as a Business Tiger from 2017 to 2022, Mr. Lopatka has spearheaded European initiatives for a range of global companies. He is a former Board Member of the Polish Chapter of the Project Management Institute and Poland’s Association of Business Service Leaders.

Customertimes COO Brian Borack said Mr. Lopatka is central to the company’s plans for accelerated European growth.

“Pawel is widely regarded for his strategic and operational acumen,” said Mr. Borack. “We’re scaling dramatically, and Pawel’s vision and insight will be a key ingredient to blaze the trail for our clients, team, and organization.”

Mr. Lopatka considers Customertimes an ideal fit for his skills and personal ethos.

“Customertimes’ primary mission is implicit in the company’s name – serving the customer above all else,” said Mr. Lopatka. “That’s a commitment I share. I’m devoted to driving customer success, ensuring quality delivery, and helping the company scale its client portfolio. Customertimes has a stellar reputation for top talent and delivering cutting-edge solutions on deadline. That’s why it’s growing rapidly, and why I’m proud to join the leadership team.”

To learn more:

Contact us: experts@customertimes.com

Follow us on LinkedIn: https://www.linkedin.com/company/customertimes

About Customertimes:

Customertimes Corp. is a global consulting and software firm dedicated to making top IT technologies accessible to customers. With more than 4,000 projects completed by 1,600+ highly skilled experts, our solutions are engineered to help clients realize true business transformation and achieve maximum value from their technology investments. An early entrant into the Salesforce consulting and implementation space in Eastern Europe and an award-winning product development organization, Customertimes Corp. has headquarters in New York City, with regional offices in London, Paris, Toronto, Kyiv, Poznan, Riga, and Podgorica. For more information, visit www.customertimes.com.

Media Contact:

Meriel Sikora

Customertimes

212-520-0059

meriel.sikora@customertimes.com