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Daily Archives: February 25, 2021

Align Technology’s Invisalign Brand to Become Official Smile Partner of The Golden State Warriors, Santa Cruz Warriors, and Golden Guardians

Invisalign brand sponsorship to reach Warriors fans globally through different fan experiences – arena, digital, and esports

Invisalign Brand to Become Official Smile Partner of The Golden State Warriors

Invisalign brand sponsorship to reach Warriors fans globally

TEMPE, Ariz. and SAN FRANCISCO, Feb. 25, 2021 (GLOBE NEWSWIRE) — Align Technology, Inc. (Nasdaq: ALGN), makers of the Invisalign clear aligner system, today announced a partnership with the six-time NBA Champion Golden State Warriors, making the Invisalign brand the Official Smile Partner of the Golden State Warriors. As part of the agreement, the Invisalign brand is also the Official Smile Partner of the Santa Cruz Warriors, Golden State’s G League affiliate team and of the Golden Guardians, its esports affiliate.

The sponsorship includes an omni-channel activation across TV, digital media, and social and a jersey partnership with the Golden Guardians and the Santa Cruz Warriors.

“We always look for the right opportunities to meet fans where they live, work and play, and to connect with them around the things they’re passionate about – whether that is a winning smile or a winning team,” said Raj Pudipeddi, Align Technology chief innovation, product, and marketing officer. “We are excited for this three point play to reach fans of the Golden State Warriors, Santa Cruz Warriors, and Golden Guardians. We look forward to sharing smile-making moments with Warriors fans, and to seeing the Invisalign brand name featured in fun social media activations with teens and adults, across the Golden State, Santa Cruz and Golden Guardian teams.”

“We are thrilled to partner with the Invisalign brand to enhance our digital fan experience across all of our franchise properties,” said Warriors Senior Vice President of Partnerships, Mike Kitts. “This collaboration will allow for deeper engagement and connection with all Warriors properties and fans around the world. Dub Nation is all about joy in buckets – this partnership captures the joy and smiles of Warriors basketball and the must-see, exciting content through this multi-property collaboration.”

As part of the sponsorship, Align has selected Junior Achievement of Northern California as a nonprofit organization whose logo will also be featured on player jerseys. Junior Achievement’s purpose is to inspire and prepare young people for success, which mirrors Align’s philanthropic philosophy to support organizations that improve smiles and support and educate teens.

About Align Technology, Inc.
Align Technology designs and manufactures the Invisalign® system, the most advanced clear aligner system in the world, iTero® intraoral scanners and services, and CAD/CAM software. Align has helped treat over 9.6 million patients with the Invisalign system and is driving the evolution in digital dentistry with the iTero intraoral scanner and exocad CAD/CAM software − modernizing today’s practices by enabling enhanced digital orthodontic and restorative workflows to improve patient outcomes and practice efficiencies. Visit www.aligntech.com for more information.

For additional information about the Invisalign system or to find an Invisalign doctor in your area, please visit www.invisalign.com. For additional information about the iTero digital scanning system, please visit www.itero.com. For additional information about exocad dental CAD/CAM offerings and a list of exocad reseller partners, please visit www.exocad.com.

Investor Relations Contact Press Contact
Align Technology Zeno Group
Madelyn Homick Sarah Johnson
(408) 470-1180 (828) 551-4201
mhomick@aligntech.com sarah.johnson@zenogroup.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc916160-bd35-4b95-8f63-46eef73fa29f

Align Technology’s Invisalign Brand to Become Official Smile Partner of The Golden State Warriors, Santa Cruz Warriors, and Golden Guardians

Invisalign brand sponsorship to reach Warriors fans globally through different fan experiences – arena, digital, and esports

Invisalign Brand to Become Official Smile Partner of The Golden State Warriors

Invisalign brand sponsorship to reach Warriors fans globally

TEMPE, Ariz. and SAN FRANCISCO, Feb. 25, 2021 (GLOBE NEWSWIRE) — Align Technology, Inc. (Nasdaq: ALGN), makers of the Invisalign clear aligner system, today announced a partnership with the six-time NBA Champion Golden State Warriors, making the Invisalign brand the Official Smile Partner of the Golden State Warriors. As part of the agreement, the Invisalign brand is also the Official Smile Partner of the Santa Cruz Warriors, Golden State’s G League affiliate team and of the Golden Guardians, its esports affiliate.

The sponsorship includes an omni-channel activation across TV, digital media, and social and a jersey partnership with the Golden Guardians and the Santa Cruz Warriors.

“We always look for the right opportunities to meet fans where they live, work and play, and to connect with them around the things they’re passionate about – whether that is a winning smile or a winning team,” said Raj Pudipeddi, Align Technology chief innovation, product, and marketing officer. “We are excited for this three point play to reach fans of the Golden State Warriors, Santa Cruz Warriors, and Golden Guardians. We look forward to sharing smile-making moments with Warriors fans, and to seeing the Invisalign brand name featured in fun social media activations with teens and adults, across the Golden State, Santa Cruz and Golden Guardian teams.”

“We are thrilled to partner with the Invisalign brand to enhance our digital fan experience across all of our franchise properties,” said Warriors Senior Vice President of Partnerships, Mike Kitts. “This collaboration will allow for deeper engagement and connection with all Warriors properties and fans around the world. Dub Nation is all about joy in buckets – this partnership captures the joy and smiles of Warriors basketball and the must-see, exciting content through this multi-property collaboration.”

As part of the sponsorship, Align has selected Junior Achievement of Northern California as a nonprofit organization whose logo will also be featured on player jerseys. Junior Achievement’s purpose is to inspire and prepare young people for success, which mirrors Align’s philanthropic philosophy to support organizations that improve smiles and support and educate teens.

About Align Technology, Inc.
Align Technology designs and manufactures the Invisalign® system, the most advanced clear aligner system in the world, iTero® intraoral scanners and services, and CAD/CAM software. Align has helped treat over 9.6 million patients with the Invisalign system and is driving the evolution in digital dentistry with the iTero intraoral scanner and exocad CAD/CAM software − modernizing today’s practices by enabling enhanced digital orthodontic and restorative workflows to improve patient outcomes and practice efficiencies. Visit www.aligntech.com for more information.

For additional information about the Invisalign system or to find an Invisalign doctor in your area, please visit www.invisalign.com. For additional information about the iTero digital scanning system, please visit www.itero.com. For additional information about exocad dental CAD/CAM offerings and a list of exocad reseller partners, please visit www.exocad.com.

Investor Relations Contact Press Contact
Align Technology Zeno Group
Madelyn Homick Sarah Johnson
(408) 470-1180 (828) 551-4201
mhomick@aligntech.com sarah.johnson@zenogroup.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc916160-bd35-4b95-8f63-46eef73fa29f

Plug Power and SK Group Complete $1.6 Billion Capital Investment to Build Hydrogen Economy in Asian Markets

Plug Power and SK Group virtual deal closing ceremony on February 24, 2021

Plug Power and SK Group announce the completion of the $1.6 billion capital investment to partner in accelerating hydrogen as an alternative energy source in Asian markets.

– SK and Plug Power had a virtual signing ceremony, setting the stage for successful joint projects to come including forming a JV

– Through a JV in Asia, the two companies are set to establish a fuel cell factory and accelerate the expansion into Asian markets including China

LATHAM, N.Y., Feb. 25, 2021 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, and SK Group, one of the leading South Korean business groups, announce the completion of the $1.6 billion capital investment to partner in accelerating hydrogen as an alternative energy source in Asian markets. In celebration of kicking off the new partnership, including a plan to form a joint venture company in Asia, the executives of SK and Plug Power had a virtual deal closing ceremony on the 24th.

The companies previously announced entering into a definitive agreement in connection with the investment on January 6, 2021. SK Group brings significant presence and leadership throughout the Asia’s energy industry and a commitment to a sustainable future. Plug Power provides our global leadership in hydrogen fuel cell systems, fueling stations and green hydrogen generation. This partnership represents a powerful team to accelerate the growth of the hydrogen economy in Asian markets.

In January 2019, the South Korea government announced the Hydrogen Economy Roadmap through 2040, with ambitious goals, including: over 5MM tons of hydrogen per year, over 6MM fuel cell EVs, 1,200 refilling stations and 15 GW of fuel cell power generation, and expects the cumulative economic value of its hydrogen economy to reach ~$40 billion by 2040. Plug Power has proven its ability to scale a hydrogen business in North America as a global leader in the hydrogen economy. The opportunity to partner with SK presents an attractive and timely opportunity to establish a foothold in this market with one of South Korea’s leading industrial conglomerates.

“Plug Power has been aggressively building out the hydrogen economy in North America, and it is clear that our partner, SK Group, shares the same vision to build out a big hydrogen economy in Asia,” said Andy Marsh, CEO of Plug Power.

“SK will maximize the synergy between the two companies in the global hydrogen market by combining SK’s domestic and foreign energy infrastructure, business capabilities, and plug-power’s world-class hydrogen business portfolio and technology,” said Hyeongwook Choo, President & CEO of SK E&S.

SK Group, the third largest conglomerate in South Korea with its largest businesses primarily involved in energy industries, is committed to build sustainable green energy value chains in Korea and Asian markets. As such, SK Group is a highly attractive strategic capital investor for Plug Power’s established strategy for building out the hydrogen economy and accelerating expansion into Asian markets.

Going forward, SK and Plug Power are set to form a joint venture company to build the hydrogen ecosystem in Korea and jointly make inroads into Asian markets. The goal of the Asia JV is to establish a gigafactory in Korea by 2023 to produce fuel cells and electrolyzers, and later provide them in broader Asian markets with a substantial cost reduction.

SK Group owns approximately 9.6% of the issued and outstanding shares of Plug Power’s common stock immediately following the investment. This investment represents the largest U.S. clean energy PIPE in the last 20 years (based on the PrivateRaise PIPE database for transactions that have closed and includes common stock, preferred stock, convertible preferred stock and convertible debt).

About Plug Power

Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions. The Company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while meeting sustainability goals. Plug Power created the first commercially viable market for hydrogen fuel cell technology. As a result, the Company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs. Plug Power’s vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, BMW, The Southern Company, Carrefour, and Walmart. The Company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics, and data centers. Learn more at www.plugpower.com.

Safe Harbor Statement
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc.(“PLUG”), including but not limited to statements about PLUG’s expectations regarding the success of the strategic partnership with SK Holdings, including the alliance and opportunities in the Asian market, the opportunity to establish a foothold in the hydrogen economy, and the growth and expansion of the hydrogen economy in Asian markets. You are cautioned that such statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times that, or by which, such performance or results will have been achieved. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of PLUG in general, see PLUG’s public filings with the Securities and Exchange Commission, including the “Risk Factors” section of PLUG’s Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and PLUG undertakes no obligation to update such statements as a result of new information.

SOURCE: PLUG POWER

Media Contact

Ian Martorana

The Bulleit Group

plugpowerpr@bulleitgroup.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/be393b7c-3425-4a75-8492-e322b3b85b8c

 

Colliers recognized as a 2021 Global Outsourcing 100® company

Colliers named to prestigious list by the International Association of Outsourcing Professionals for the 15th consecutive year

TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) — Colliers (NASDAQ, TSX: CIGI) is proud to announce that it has earned a place on the International Association of Outsourcing Professionals’ (IAOP®) list of the world’s best outsourcing providers for the 15th consecutive year.

“Our longstanding recognition by IAOP underscores our professionals’ expertise, innovative programs and demonstrated corporate social responsibility in positively shaping clients’ workplaces and portfolios for the future,” said John Friedrichsen, Global Chief Operating Officer. “We will continue to leverage our industry-leading global platform, extensive knowledge of the built environment, and outsourcing capabilities to help our clients navigate an increasingly challenging landscape.”

The 2021 Global Outsourcing 100 recognizes the world’s best outsourcing service providers and advisors. This list is based on applications received; judging is based on a rigorous scoring methodology that includes an independent review by an independent panel of IAOP customer members with extensive experience in selecting outsourcing service providers and advisors for their organizations.

“Now, more than ever, outsourcing end-users need to be able to easily identify and select the right company for their needs,” said Debi Hamill, IAOP CEO. “It is great recognition being named to The Global Outsourcing 100. Given the strong, global competition, Colliers should be proud of achieving excellence in the field.”

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

About IAOP

IAOP is the global association that brings together customers, providers, and advisors in a collaborative, knowledge-based environment that promotes professional and organizational development, recognition, certification, and excellence to improve business service models and outcomes. Our members and affiliates worldwide are digging deep at IAOP conferences, learning at IAOP chapter meetings, getting trained and certified at IAOP courses and workshops, and connecting through IAOP social media, all with one goal: better business results. Whether you are a customer, provider or advisor, new to collaborative business models like outsourcing, or you are an experienced professional, IAOP connects you and your organization to our growing global community and the resources you need to get the results your company deserves and demands. For more information and how you can become involved, visit www.IAOP.org.

Media Contact:

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

European Governments Resist Public Clamor for Easing of Pandemic Lockdown

Months of lockdowns and pandemic restrictions are taking their toll on Europeans, with many chafing at the prolonged limitations on public life. With vaccine distribution now starting to pick up after a sluggish start in most countries, calls are mounting for an easing of restrictions.

Britain is first up, with pressure building for easing after a blisteringly fast rollout of its inoculation program that’s already seen one in three adults in the country receive at least one vaccine dose.

In a race against a faster-spreading variant of the virus, more than 18 million people in Britain have received at least one dose of a coronavirus vaccine, fueling demands for a speedy end to the country’s lockdown, the third since the pandemic emerged.

The ruling Conservatives hope the success of the largest mass vaccination program in the country’s history will erase public memories of the missteps and reversals of last year, which saw ill-disguised clashes between the government, lawmakers and medical advisers. There were more than two dozen abrupt U-turns in policy.

But a Conservative popularity bounce risks being lost amid squabbling about when and how quickly pandemic restrictions are lifted, according to lawmakers and analysts. Prime Minister Boris Johnson announced Monday that his government would take a “cautious” approach to easing a national lockdown, with restrictions lifted every few weeks so the impact can be judged.

The prime minister told lawmakers this week that England is going to start “reclaiming our freedoms” with the goal of removing all legal limits on people’s social contact set to end by June 21. His road map for relaxing the country’s lockdown will see schools reopen on March 8 and some outdoor restrictions lifted three weeks later.

Hugs could be allowed in May, he said.

For some, the planned relaxation is too fast; for others, too slow. And Johnson’s party is becoming restive. Influential Conservative lawmaker Steve Baker lamented the slow pace of relaxation, saying it “will be a hammer blow for aviation, for pubs, for restaurants, hotels, gyms and pools, the arts and the establishment.”

Nearly 70,000 fines

And many Britons are straining at the leash with breaches of pandemic restrictions rising steeply since last month. Police have handed out in the past year nearly 70,000 fines to people for breaking lockdown rules, according to government data, but of those, more than a third were issued since January 17 of this year.

Elsewhere in Europe, relaxation seems a distant dream, but public impatience is mounting with the slow vaccination campaigns, which are likely to have electoral consequences.

In the Czech Republic, where infections are surging, Prime Minister Andrej Babis has been criticized for sending inconsistent signals about when coronavirus measures will be lifted.

The country’s parliament has moved to restrict Babis’ powers to tighten restrictions, and the opposition coalition now has overtaken the ruling party in the opinion polls, suggesting voters are losing faith in the government.

Despite the fact that the country’s two-week infection rate is three times the EU average and its death rate of 174 people per million is among the worst in Europe, Babis’ government started to loosen a few pandemic restrictions, only to backtrack as health experts denounced the move.

Rastislav Madar, head of the University of Ostrava’s Institute of Epidemiology, told Politico EU, “Many people are fed up and tired of the political games, and now refuse to respect obligatory lockdown rules.”

Some relaxation

Partly as a result of public pressure, governments in Italy, the Netherlands and Denmark have all tweaked their restrictions to allow some letup on lockdowns.

Starting March 1, high school children in Holland will have at least one day in the classroom. Hairdressers and other so-called contact professions can reopen on March 3. Teenagers and adults up to age 27 can play team sports outside. But a nighttime curfew, which triggered several days of riots when introduced, will remain.

Denmark, which has been under a lockdown since December, is lifting some restrictions that will see the retail sector reopen. Older school students are expected to be allowed to return to classrooms in regions with low infection rates.

And in Italy, high school students are now returning to class, the first time since October, and bars and restaurants in some regions are being allowed again to serve customers at tables and counters until dusk. But a nationwide nighttime curfew remains and travel among Italy’s 20 regions is restricted.

In other European countries, lockdowns and severe restrictions are remaining. Belgium, Spain, Portugal, Germany and France aren’t ready for any serious easing. In Germany, the government is coming under increasing pressure to present the public with a road map out of the coronavirus crisis amid growing anger over the snail-paced vaccination campaign.

‘We envy you’

Only 6% of Germans have received at least one shot so far, compared with about 33% of Britons. That huge disparity prompted Bild Zeitung, a major tabloid newspaper, to splash across its front page Wednesday: “Dear Britons, We envy you!” The paper went on to ask, “When will we be as far as the British are?”

The German chancellor, Angela Merkel, has been rebuffing calls for a major relaxation of lockdown rules, saying there has to be a significant reduction in the incidence rate to under 35 per 100,000 first. It currently stands at about 60 per 100,000.

At a Tuesday meeting with lawmakers from her ruling Christian Democratic party, Merkel said she understood “the valid desire for an opening up,” but that could be done safely only in “four stages of opening, without a yo-yo effect.

The French Prime Minister Jean Castex warned Thursday that the situation in France is “worrying” and that more restrictions may have to be imposed on the hardest hit areas, if there’s no decrease in the rate of infections.

And after a European Council meeting, several leaders of the bloc’s 27 member states expressed continuing frustration with the pace of vaccine delivery, specifically with Astra Zeneca’s, which was developed at the University of Oxford.

Italy’s prime minister Mario Draghi said in a statement that firms that have failed to deliver promised doses “should not be excused.” The EU, which insisted on a collective purchase of vaccines, has been criticized by member states for its slow vaccine rollout. Some member countries have started to break ranks and are now buying jabs from China and Russia that are yet to be approved by European regulators.

Source: Voice of America

50 Million COVID-19 Vaccines Administered in US

U.S. President Joe Biden hosted an event at the White House Thursday honoring the 50 millionth coronavirus vaccination administered in the country.

Four people — an elementary school counselor, a grocery store employee and two firefighter EMTs — were vaccinated against the virus at the White House Thursday afternoon to commemorate the milestone.

“Fifty-million shots in just 37 days since I’ve become president,” Biden told reporters at the event, noting that despite extreme weather conditions, the United States is on track to surpass his promise to vaccinate 100 million people in his first 100 days in office.

Almost half of Americans over the age of 65 have received at least one of two shots of the vaccine, according to the White House.

But U.S. officials have warned that there is still a long road ahead. Biden urged Americans to continue wearing masks and said Thursday he cannot provide a date for when things will return to “normal.”

The president’s chief medical adviser, Dr. Anthony Fauci, who heads the National Institute of Allergy and Infectious Diseases, also cautioned, “We are still at an unacceptably high baseline level,” preventing the resumption of normal society.

Earlier this week, the United States confirmed that half a million people had died of COVID-19 — the highest death rate from the virus in the world.

In 2020, the virus shaved a full year off the average life expectancy in the United States, the biggest decline since World War II, according to a new report from the National Center for Health Statistics.

Source: Voice of America

WillScot Mobile Mini Holdings to Participate in the Jefferies 2021 Global Business Services Conference

PHOENIX, Feb. 24, 2021 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), a North American leader in turnkey modular space and portable storage solutions, today announced that Brad Soultz, Chief Executive Officer and Tim Boswell, Chief Financial Officer will host virtual private meetings during the Jefferies 2021 Global Business Services Conference on Thursday, March 25, 2021. The meetings will be held by appointment only.

About WillScot Mobile Mini Holdings

WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Based in Phoenix, Arizona, WillScot Mobile Mini Holdings is a North American leader in modular space and portable storage solutions. It was formed in 2020 upon the merger of leaders in the modular space and portable storage markets. Together, the WillScot and Mobile Mini brands operate approximately 275 locations across the United States, Canada, Mexico, and the United Kingdom with a combined fleet of over 350,000 portable offices and storage containers. The company leases turnkey office space and storage solutions for temporary applications across a diverse customer base in the commercial and industrial construction, retail, education, health care, government, transportation, security, and energy sectors. WillScot Mobile Mini Holdings creates value by enabling customers to add space efficiently and cost-effectively – when the solution is perfect, productivity is all the customer sees.

Additional Information and Where to Find It

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

Contact Information

Investor Inquiries:

Nick Girardi
nick.girardi@willscotmobilemini.com

Media Inquiries:

Scott Junk
scott.junk@willscotmobilemini.com