*Profit attributable to equity holders of HK$525 million, up 10% year-on-year

*Revenue of HK $6,604 million and underlying EBIT of HK $749 million, up 6% and 7% respectively on an underlying basis

*Market remains challenging with total service revenue being down 3%; ARPU for postpaid mobile business also down by 1%

*The Board has recommended a final dividend of 17.5 HK cents per share, bringing the full-year dividend to 32 HK cents per share, representing a dividend yield of 6.7%

HONG KONG SAR - Media OutReach Newswire - 3 September 2026 - SmarTone Telecommunications Holdings Limited ("SmarTone"; SEHK: 315), the telecommunication subsidiary of Sun Hung Kai Properties Limited (SEHK: 0016), today announced its financial results for the year ended 30 June 2026.

Against an intensely competitive mobile market, SmarTone delivered profitable growth during the year. Profit attributable to equity holders increased by 10% to HK$525 million. Revenue reached HK$6,604 million and underlying EBIT reached HK$749 million, up 6% and 7% respectively on an underlying basis. The business continued to diversify its sources of revenue and contribution, with 5G Home Broadband revenue increasing by 10% and Enterprise Solutions revenue growing by 17%.

Competition in the core consumer postpaid market remained particularly intense. Total service revenue declined by 3%, while postpaid mobile ARPU decreased from HK$222 to HK$220. Our current 5G subscriber penetration rate is 50%, leaving significant room for improvement. We will continue to take actions to substantially strengthen our business and continue to improve operational efficiency through the use of AI tools. Operating costs decreased by 6% to HK$1,518 million, while capital expenditure declined by 21% following significant investment in its 5G network in previous years.

SmarTone continued to strengthen its network across locations where performance matters most. We have the most spectrum capacity per subscriber amongst all mobile operators in Hong Kong, which gives us an inherent advantage to serve our customers. Following the renewal of its exclusive 850MHz spectrum and the acquisition of new 6/7GHz spectrum, the company deployed 3.3GHz and 3.5GHz "Golden Spectrum" across high-density urban districts and transport hubs to enhance capacity and download speeds. Network investment covered major MTR stations, Kai Tak Sports Park, the Hong Kong Coliseum and other high-traffic locations, as well as emerging destinations such as GO PARK and the Northern Metropolis. The network is also being optimised to support changing customer behaviour as AI applications drive greater demand for both downloading and uploading data.

SmarTone also piloted SmarTone PRIORITY, a flagship membership programme for its top customers, offering dedicated relationship managers and practical overseas assistance when customers lose their mobile phone or SIM card. AI is also becoming an increasingly important part of the customer proposition. "AI Connect" provides more convenient and secure access to leading AI services, while personal consultations and dedicated AI hubs in retail stores help customers use AI more effectively. SmarTone's focus on service was recognised with nine awards at the 40th Hong Kong Retail Management Association Service Talent Awards.

SmarTone's Enterprise Solutions business continued to grow as enterprises accelerated their digital transformation. The company provides integrated connectivity, cloud, cybersecurity and digital solutions across SmartHome, SmartMall, SmartHotel, Smart Property Management, Smart Construction and SmarTransport. It also continued to work closely with SHKP across developments including International Gateway Centre, Cullinan Harbour, GO PARK, Sierra Sea and YOHO West, incorporating SmartConnect 5G Wi-Fi and smart IoT capabilities from the outset so that connectivity and digital services form part of the customer experience by design.

Ms. Fiona Lau, Executive Director and Chief Executive Officer of SmarTone, said: "This year's profit growth reflects the progress we have made in diversifying our revenue streams and improving efficiency despite intense competition. Looking ahead, we will continue to harness AI, deepen our family and premium propositions, and leverage the SHKP ecosystem to enhance customer experience and create sustainable value."

For further details of the 2025/2026 annual results, please refer to website:

https://www.smartoneholdings.com/jsp/site/investor_relations/results/english/index.jsp

Hashtag: #SmarTone

The issuer is solely responsible for the content of this announcement.

Industry/Tags: Finance, Business, Technology

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 4 September 2026 - As more men place greater emphasis on their personal image, getting a haircut is no longer simply a matter of "when your hair gets long, it's time to get a trim." Hairstyles, appearance, personal style and service quality are increasingly becoming important aspects of modern men's everyday lives.

A well-suited hairstyle can transform a person's appearance. A relaxing environment can turn an hour at a barbershop into genuine time for care and relaxation. And a barber who truly understands a customer can transform an ordinary haircut into a more personalized experience.

This shift is driving the barbershop model in a new direction: from a place that simply provides haircuts to a space that brings together men's grooming, relaxation and lifestyle.

This is the experience that East West Barbershop (Dong Tay Barbershop) - a Vietnamese men's grooming brand is bringing to the Chinese market.

From Vietnam to China: East West Barbershop (Dong Tay Barbershop) Brings a Proven Model to a New Market

Starting with its first store in 2018, East West Barbershop (Dong Tay Barbershop) has gradually expanded its network, standardized its operating processes and built a professional team in the men's grooming sector.

After years of development in Vietnam, East West Barbershop (Dong Tay Barbershop) began expanding into international markets, with China becoming one of the important markets in its international journey.

In 2024, East West Barbershop (Dong Tay Barbershop) opened its first store in China, marking a transition from a brand developed primarily in Vietnam to one with an international presence.

But entering a new market does not mean simply replicating an existing model.

For a service brand, one of the greatest challenges of internationalization is ensuring that an experience developed in one market can resonate with consumers in another.

East West Barbershop (Dong Tay Barbershop) has chosen to preserve the core values of its model: A strong focus on customer experience, professional barbering expertise, thoughtfully designed spaces and a diverse service ecosystem.

At the same time, it adapts and localizes its approach to meet the needs and consumption habits of Chinese consumers.

East West Barbershop (Dong Tay Barbershop) brings with it the experience accumulated through years of hands-on operations and applies it to a new market, where the model can be further tested, refined and developed.

This is also how East West Barbershop (Dong Tay Barbershop) approaches internationalization: Building its model in Vietnam, then testing and localizing it in the Chinese market.

For Chinese consumers, this creates another option in an increasingly diverse men's grooming market: A barbershop experience originating from Southeast Asia, yet designed around the needs of today's modern customers.

When a Haircut Becomes Part of a Lifestyle

For many years, the criteria for evaluating a barbershop were relatively simple: Whether the haircut was quick and neat, whether the style met expectations, and whether the price was reasonable. But for younger consumers, these criteria are gradually changing.

They may spend more time researching hairstyles that suit them. They are also paying greater attention to a barber's technical expertise, consultation and communication, as well as the overall experience throughout the service.

In particular, as the pace of urban life continues to accelerate, having time dedicated to oneself is increasingly becoming part of the consumption experience.

As a result, the question a modern barbershop needs to answer is no longer simply, "How can we give customers a good haircut?" but rather: "How can we deliver the best overall experience for our customers?"

East West Barbershop (Dong Tay Barbershop) is pursuing precisely this approach. Its customer experience is built around more than just haircuts.

Customers can choose from services including haircuts, shampooing, facial and neck massage, hair restoration, perming, coloring, nail care and shoe cleaning.

At some stores, the spaces are designed with facilities such as pianos, billiard tables, chess boards, reading areas, bars and fresh ice cream machines, creating a more diverse leisure environment where customers can relax before, during and after their services.

In the future, as men become increasingly attentive to appearance, personal style and service quality, the boundaries between a traditional "barbershop" and a dedicated "men's grooming space" are likely to become increasingly blurred. This is precisely the direction East West Barbershop aims to continue exploring.

From Vietnam to China, East West Barbershop (Dong Tay Barbershop)'s international journey is about more than simply opening another store overseas.

More importantly, it represents the process of a men's grooming model developed in Vietnam adapting, evolving and creating new experiences for male consumers in China.

https://dongtaybarbershop.com

Hashtag: #EastWestBarbershop

East West Barbershop Vietnam Joint Stock Company

East West Barbershop Vietnam Joint Stock Company

Established: 2018

Country: Vietnam

Number of stores: 130+ across Vietnam, Thailand, China, Uzbekistan and Hungary

Head Office: 23rd Floor, Landmark81 Tower, Ho Chi Minh City, Vietnam

Email: dongtaybarbershop@gmail.com

Official Website: dongtaybarbershop.com

Hotline: +84 19004737

Mobile: +84 901 602 902

The issuer is solely responsible for the content of this announcement.

Industry/Tags: Lifestyle, Business

*Seminar Promosi Ekonomi, Perdagangan, Pariwisata, dan Investasi Macao Diselenggarakan di Jakarta, Indonesia, Mendorong Kerja Sama Multidimensi untuk Bersama-Sama Menggali Peluang Baru di Sepanjang Jalur Sutra

JAKARTA, INDONESIA - Media OutReach Newswire - 3 September 2026 - Pemerintah Daerah Administratif Khusus Macao Republik Rakyat Tiongkok menyelenggarakan jamuan resepsi yang dirangkaikan dengan Seminar Promosi Ekonomi, Perdagangan, Pariwisata, dan Investasi Macao di Jakarta, Indonesia, pada 1 September, sebagai upaya pragmatis untuk memajukan kerja sama di berbagai bidang antara Macao dan Indonesia, baik pada tingkat pemerintah maupun non-pemerintah.

Dalam kegiatan tersebut, lebih dari 120 sesi temu bisnis (business matching) dilaksanakan dan menghasilkan penandatanganan lebih dari 80 perjanjian kerja sama. Perjanjian-perjanjian tersebut mencakup berbagai sektor, termasuk pariwisata, penyelenggaraan konvensi dan pameran, teknologi tinggi dan teknologi baru, Pengobatan Tradisional Tiongkok dan sektor kesehatan secara luas, serta pengembangan lingkungan yang ramah bagi masyarakat Muslim.

Acara tersebut dihadiri oleh lebih dari 350 tamu terkemuka, termasuk Sam Hou Fai, Kepala Eksekutif Daerah Administratif Khusus (SAR) Macao; Susiwijono Moegiarso, Sekretaris Kementerian Koordinator Bidang Perekonomian Republik Indonesia; dan Wang Lutong, Duta Besar Tiongkok untuk Indonesia. Turut hadir pula anggota Pemerintah SAR Macao dan delegasi pengusaha, perwakilan Kedutaan Besar Tiongkok di Indonesia, serta tokoh-tokoh terkemuka dari berbagai sektor di Indonesia.

Sam Hou Fai menyatakan bahwa pelaksanaan Rencana Lima Tahun ke-15 Tiongkok dan Rencana Lima Tahun ke-3 Daerah Administratif Khusus (SAR) Macao tidak diragukan lagi akan membuka peluang baru bagi kerja sama antara Macao dan Indonesia.

Ia menyampaikan bahwa Indonesia merupakan tempat lahirnya "Jalur Sutra Maritim Abad ke-21", sementara Macao dan Indonesia sama-sama berperan sebagai simpul penting di sepanjang jalur tersebut. Berlandaskan Inisiatif Sabuk dan Jalan (Belt and Road Initiative) serta mekanisme Dialog Strategis Komprehensif Tiongkok-Indonesia, hubungan kerja sama yang bersahabat antara kedua pihak diperkirakan akan semakin erat.

Pada paruh pertama tahun ini, jumlah kunjungan wisatawan internasional ke Macao meningkat sebesar 6% secara tahunan, dengan wisatawan Indonesia menyumbang sekitar 88.000 kunjungan dan menempatkan Indonesia sebagai salah satu pasar sumber wisatawan terbesar di Asia Tenggara. Hal ini menunjukkan eratnya hubungan antara Macao dan Indonesia dalam pertukaran antarmasyarakat, perdagangan, dan pariwisata.

Pemerintah SAR Macao berkomitmen untuk mendorong pertukaran di berbagai tingkatan, baik antarpemerintah maupun antarmasyarakat. Dengan memanfaatkan peran Macao sebagai jembatan penting bagi keterbukaan tingkat tinggi Tiongkok dan sebagai "penghubung yang tepat sasaran", Macao bertujuan untuk memperkuat kerja sama yang komprehensif dan pragmatis di bidang perdagangan, investasi, MICE, pariwisata, dan pertukaran budaya, serta secara aktif berkontribusi pada pembangunan komunitas Tiongkok-Indonesia dengan masa depan bersama.

Edi Prio Pambudi, Wakil Menteri Bidang Kerja Sama Ekonomi Internasional Kementerian Koordinator Bidang Perekonomian Republik Indonesia, dalam pidatonya menyatakan bahwa berdasarkan prinsip "Satu Negara, Dua Sistem", Macao telah membangun reputasi internasional yang unggul, didukung oleh stabilitas jangka panjang, tingkat keterbukaan yang tinggi, serta konektivitas yang kuat. Sebagai pusat penting bagi saling berbagi dan pembelajaran antara peradaban Tiongkok dan Barat, Macao telah berhasil menghimpun talenta, modal, dan kreativitas dari seluruh dunia.

Seluruh elemen masyarakat Indonesia menyampaikan apresiasi yang tinggi dan antusiasme besar terhadap langkah proaktif Macao dalam melakukan transformasi menuju ekonomi yang lebih terdiversifikasi.

Ia mencatat bahwa kedua wilayah memiliki hubungan ekonomi, perdagangan, dan antarmasyarakat yang erat, dengan perusahaan-perusahaan Macao berinvestasi dalam berbagai proyek kerja sama di Indonesia, yang mencakup sektor-sektor seperti konstruksi dan transportasi. Dalam bidang pariwisata, Macao menerima lebih dari 200.000 wisatawan dari Indonesia tahun lalu, sehingga Indonesia menjadi salah satu pasar sumber wisatawan utama Macao di Asia Tenggara.

Kebijakan bebas visa Indonesia bagi pemegang paspor SAR Macao akan semakin memfasilitasi pertukaran dan interaksi antara kedua pihak. Ke depan, Indonesia dan Macao memiliki potensi kerja sama yang sangat besar di bidang produk halal, Pengobatan Tradisional Tiongkok (TCM), dan konektivitas.

Hashtag: #MacaoEconomicTradeandTourismInvestmentPromotionSeminar

The issuer is solely responsible for the content of this announcement.

Via the integration with EBANX, Canva becomes the first merchant on Capitec Pay's new recurring A2A payment

SYDNEY, AUSTRALIA, SINGAPORE, and STELLENBOSCH, SOUTH AFRICA - Media OutReach Newswire - 4 September 2026 - Canva, the global visual communication platform, has become the first international company to offer recurring subscription payments to South African customers via Capitec Pay, the account-to-account payment method built by South Africa's largest personal bank - Capitec.

The milestone is made possible through Canva's ongoing partnership with EBANX, a global technology company specializing in payment services for emerging markets.

The announcement represents a shift in how global subscription businesses can reach South African consumers. Credit card penetration in the country ranges between 8% and 10% of the adult population, according to the South African Reserve Bank and the World Bank. This limitation has historically restricted the reach of traditional card-on-file subscription models, excluding 44 million people in South Africa who do not own credit cards.

Instead of needing a credit card, Capitec Pay lets clients approve a recurring payment once in the Capitec app. After that, participating businesses can collect future subscription payments automatically. Canva is the first international subscription service to offer recurring payments with Capitec Pay.

Capitec is South Africa's largest personal bank by customer base, with 26 million clients and over 16 million app users. According to Capitec, one in three South African adults uses its mobile app. "For Canva, going live as the first global merchant on this infrastructure is a removal of a structural barrier that was preventing a large portion of South Africans from accessing our platform at all," said Bianca Sibiya, Canva Africa Lead.

The offering of recurring payments through Capitec Pay by Canva in South Africa is possible thanks to its partnership with EBANX, which helped enhance the solution and became the first global payment service provider (PSP) to integrate it into cross-border payment flows.

"For years, card-based billing has been treated as the default model for global subscription products, but that default was built around consumer behavior in the United States and Western Europe, not South Africa," explained Wiza Jalakasi, Commercial Lead for Africa and the Middle East at EBANX.

EBANX has become a leading enabler of recurring alternative payment methods (APMs) in cross-border digital commerce across the world. Including South Africa, the company supports recurring APMs across 12 emerging markets, enabling global merchants to reach more than 1 billion consumers, many of whom lack access to credit or debit cards.

"Capitec's philosophy is to ensure that our clients experience simple, affordable and innovative services. Recurring payments through Capitec Pay is just one of the many ways we bring that simplicity to life, offering clients a payment experience they already know and trust. Through this partnership with Canva, we are expanding our trusted payment experience and giving clients access to international merchants in an accessible way," said Francois Viviers, Group Executive of Marketing and Client Experience at Capitec.

South Africa's digital commerce market continues to grow rapidly, reaching 74% of adults and annual growth projected at 20% through 2028, according to Payments and Commerce Market Intelligence (PCMI) data analyzed by EBANX. By that year, South Africa's e-commerce market is expected to represent a USD 23 billion opportunity, based on PCMI insights featured in EBANX's Beyond Borders study.

About EBANX

EBANX is the leading technology platform connecting global businesses to the world's fastest-growing digital markets. Founded in 2012 in Brazil, EBANX was built with a mission to expand access to international digital commerce. Leveraging proprietary technology, deep market expertise, and robust infrastructure, the platform enables global businesses to offer hundreds of local payment methods and streamline cross-border payments across Latin America, Africa, and Asia. With a global footprint, it established a technology and regulatory headquarters in Singapore in 2026. More than just payments, EBANX drives growth, enhances sales, and delivers seamless purchase experiences for businesses and end users alike.

For further information, please visit:

Website: https://www.ebanx.com/en/

LinkedIn: https://www.linkedin.com/company/ebanx

About CANVA

Launched in 2013, Canva is a free online visual communications and collaboration platform with a mission to empower everyone in the world to design. Featuring a simple drag-and-drop user interface and a vast range of templates ranging from presentations, documents, websites, social media graphics, posters, apparel to videos, plus a huge library of fonts, stock photography, illustrations, video footage, and audio clips, anyone can take an idea and create something beautiful.

For more information:

Website: https://www.canva.com/

LinkedIn: Canva-Africa

About CAPITEC

Capitec Limited (JSE: CPI) is South Africa's largest retail bank by active client numbers, serving 26 million active clients. It is recognized as the country's leading digital bank, with 16 million active app users. Capitec offers simple, affordable and transparent banking solutions through innovative technology and personalized service via its app, online banking, and a network of 866 branches and 8,771 ATMs and cash-accepting devices. The Group uses data and technology to understand client needs and provide tailored solutions across Personal Banking, Business Banking, value-added services, insurance, and international consumer lending through its subsidiary AvaFin. Capitec aims to make a meaningful difference and unlock growth opportunities for all.

For further information, please visit:

Website: https://www.capitecbank.co.za/

LinkedIn: Capitec

The issuer is solely responsible for the content of this announcement.

Hashtags: #EBANX #Canva #Capitec #Fintech #Payments

https://www.ebanx.com/en/

https://www.linkedin.com/company/ebanx

SINGAPORE - Media OutReach Newswire - 3 September 2026 - vivo today joined the 2nd Global Corporate Belt and Road High-Quality Development Summit in Singapore, highlighting how technology companies can build deeper cultural connections and long-term shared value through local engagement.

With discussions spanning Maritime Silk Road cultural and economic cooperation, vivo shared its community-centered approach across Southeast Asia, from young visual storytelling and cultural innovation to sustainable operations and local community support.

For vivo, global growth begins with local understanding. By listening to local voices, respecting cultural practices, and responding to community priorities, vivo is committed to turning "Joy Connects the Future" into long-term action across Southeast Asia.

Mobile Imaging Bridges Youth and Local Culture

Understanding a community begins with appreciating the perspectives that shape everyday life. Mobile imaging provides an accessible way for young people to capture everyday experiences, bringing unique perspectives and cultural expression to broader audiences. Building on this potential, vivo and the UNESCO Man and the Biosphere (MAB) Programme launched "Capture the Future: Global Youth Visual Storytelling Initiative for People and Nature," encouraging young people to explore the connections between people, nature and communities through visual expression.

Across Southeast Asia, this global vision is being translated into locally rooted programs that encourage young people to engage with culture, environment and society through mobile imaging. In Thailand, "vivo Academy - Capture the Future," developed in partnership with the Faculty of Journalism and Mass Communication at Thammasat University, combines professional guidance, hands-on practice and creator exchanges to encourage university students to explore creative expression and develop their creative skills. By extending learning beyond the classroom and opening up further creative opportunities for promising young talent, the program reflects vivo's broader commitment to nurturing the next generation of creators and contributing its imaging expertise to local communities.

In Malaysia, around 250 young people participated in visual storytelling workshops at the Penang Hill Biosphere Reserve, organized with Malaysian National Commission for UNESCO (MNCU), Penang Hill Corporation (PHC) and Universiti Sains Malaysia (USM). Through mobile imaging, participants explored stories of biodiversity, community life and sustainable development, transforming observations of their surroundings into stories that can inspire wider understanding.

Local Innovation for Everyday Culture

Cultural understanding extends beyond storytelling into everyday experiences. By combining technology with local insights, vivo develops products and initiatives that reflect how people celebrate, connect and live within their communities.

In Thailand, vivo introduced an AI Songkran imaging effect for Songkran celebrations. Powered by AI portrait optimization and intelligent imaging technologies, the feature helps users capture the energy and atmosphere of one of the country's most iconic cultural festivals. In Indonesia, vivo make appropriate arrangements for employees to conduct religious activities , reflecting respect for local traditions and diverse cultural backgrounds. These efforts fully reflect vivo's belief that innovation becomes more meaningful when it responds to the realities of everyday life and helps people stay connected to the cultures and communities that shape them.

Growing with Communities, Creating Shared Value

For vivo, understanding local contexts is not only reflected in products and experiences, but also in how the company operates and contributes to society. Across Southeast Asia, vivo seeks to create long-term value through responsible business operations, community engagement and investment in future talent.

At vivo's Indonesia manufacturing site, sustainability is integrated into daily operations. Green initiatives across packaging, energy management and production processes help improve resource efficiency. Corrugated cardboard is gradually replacing expanded polyethylene foam in packaging, while electric forklifts have been introduced for material handling and warehousing to reduce emissions associated with conventional fuel-powered equipment. Some reusable production materials are made available to surrounding communities at preferential prices, extending environmental efforts into tangible local value.

Across different markets, vivo supports initiatives that reflect local priorities and interests. In Malaysia, the "We Care" program has supported children and young people through community-based assistance. During the 2022 FIFA World Cup, as the tournament's Official Smartphone Brand Partner, vivo Malaysia partnered with World Vision Malaysia on the "vivo Give It a Shot" initiative, encouraging public participation while supporting children in need. Building on this commitment, vivo launched "Dream Field 2.0" during UEFA EURO 2024, helping improve sports facilities and provide football equipment for local schools, creating a better training environment for young athletes to participate in sports and team activities.

In Thailand, following the 2025 southern floods, vivo provided support to three affected schools in Songkhla Province for the restoration of school facilities and educational resources, while offering special repair and service assistance to affected users, contributing to recovery efforts.

From empowering young people to tell local stories and reflecting cultural traditions through innovation, to advancing greener operations and supporting community development, these efforts demonstrate a consistent approach: meaningful growth begins with understanding what matters to local communities.

This people-centered approach also carries through to vivo's product innovation. Across the vivo X Series and V Series, innovative imaging capabilities and thoughtful, user-centered design help users capture meaningful moments and enrich everyday life, reflecting vivo's commitment to "Technology Lights Up a Bright Future." Looking ahead, vivo will continue growing alongside users, partners and communities across Southeast Asia ,creating shared value through long-term local engagement and bringing "Joy Connects the Future" to life across the region.

About vivo

vivo is a technology company that creates great products based on a user-oriented value, with smart devices and intelligent services as its core. The company aims to build a bridge between humans and the digital world. Through unique creativity, vivo provides users with an increasingly convenient mobile and digital life. Following the company's core values, which include Benfen*, user-orientation, design-driven value, continuous learning, and team spirit, vivo has implemented a sustainable development strategy with the vision of developing into a healthier, more sustainable world-class corporation.

While bringing together and developing the best local talents to deliver excellence, vivo is supported by a network of R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Xi'an and more cities, focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, imaging system and other up-and-coming technologies. vivo has also set up an intelligent manufacturing network (including those authorized by vivo), with an annual production capacity of nearly 200 million smartphones. As of now, vivo has branched out its sales network across more than 60 countries and regions and is loved by more than 500 million users worldwide.

*"Benfen" is a term describing the attitude on doing the right things and doing things right - which is the ideal description of vivo's mission to create value for society.

Stay informed of latest vivo news at https://www.vivo.com/en/about-vivo/news

The issuer is solely responsible for the content of this announcement.

Hashtags: #vivo

YUNNAN, CHINA - Media OutReach Newswire -3 September 2026 - The Dounan Flower Market in Kunming, southwest China's Yunnan Province, is strengthening its position as a leading flower trading hub in Asia, with record annual trading volumes, high-speed auction operations and increasingly efficient international logistics.

The Kunming International Flora Auction Trading Center, a key trading platform within Dounan, begins daily trading at 1:00 p.m. Buyers can complete bids within as little as 0.6 seconds as prices decrease on electronic auction screens, enabling large volumes of fresh-cut flowers to be traded rapidly.

The market experienced a significant increase in trading activity ahead of the Qixi Festival, widely regarded as China's Valentine's Day. Tens of millions of flower stems were sold to domestic and international markets during the peak trading period.

According to the Kunming International Flora Auction Trading Center, the average price of major fresh-cut flower categories reached 1.1 to 1.3 yuan per stem during the pre-festival period, approximately 15 percent higher than pre-festival levels. Premium flowers recorded substantially higher prices, with high-quality roses reaching nearly 15 yuan ($2.23) per stem.

In 2025, Dounan recorded a trading volume of 15.476 billion fresh-cut flowers, with total transaction value reaching 13.484 billion yuan (approximately $2 billion).

The market currently hosts 3,300 enterprises and more than 15,000 business entities and individual proprietors. Of Dounan's approximately 70,000 permanent residents, 46,500 are employed in the flower industry.

Approximately seven out of every 10 fresh-cut flowers sold in China originate from Dounan. Its distribution network now reaches markets across China as well as more than 50 countries and regions worldwide.

High-Speed Auction System

Dounan's auction system is designed to accommodate the highly time-sensitive nature of fresh-cut flowers.

"Field-grown 'Purple Glow' (75 percent maturity), 140 stems; field-grown 'Beloved' (80 percent maturity), 120 stems; 'Beloved' (75 percent maturity), 120 stems..." said Li Qian, a flower auctioneer at the Kunming International Flora Auction Trading Center.

The trading center uses a descending-price auction model, with prices continuously decreasing on electronic screens. Buyers must respond within approximately 0.6 seconds, allowing transactions to be completed rapidly and supporting the high turnover required by the fresh-cut flower industry.

"Since fresh flowers are perishable goods, we use a descending-price auction format. This helps facilitate rapid circulation," Li said.

The auction process is integrated with sorting, packaging and transportation operations, reducing the time between trading and shipment.

Logistics Network Expands International Reach

Fresh-cut flowers require particularly efficient logistics because their quality is highly sensitive to transportation and storage time.

Tang Minghong, a client manager with the flower logistics division of SF Express Yunnan, said fresh flowers have among the most demanding logistics requirements in the fresh produce sector.

Trading begins in the afternoon, while pickup, packaging and dispatch can be completed as early as 3:00 a.m., allowing flowers to move quickly from auction facilities into domestic distribution networks.

For international shipments, Dounan has established logistics routes to destinations including Singapore, South Korea and Malaysia. Customers in these markets can receive shipments within two days, according to logistics operators.

Strengthening Yunnan's Global Flower Trade

The combination of large-scale flower production, centralized trading, high-speed auctions and integrated logistics has enabled Dounan to develop a comprehensive supply and distribution network.

The market connects flower growers in Yunnan with buyers and consumers throughout China and overseas, while supporting the expansion of the province's fresh-cut flower industry into international markets.

With billions of stems traded annually and distribution covering more than 50 countries and regions, Dounan is emerging as an important regional hub for fresh-cut flower trading and distribution, contributing to the international growth of China's flower industry.

The issuer is solely responsible for the content of this announcement.

Hashtags: #DounanFlowerMarket #FlowerTrading #Yunnan

SHANGHAI, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Sigenergy has just secured the No. 1 global ranking by MWh shipments in S&P Global Energy's Residential Energy Storage Market Tracker (H1 2026), capturing a leading 14% market share. This top-tier global recognition validates the company's rapid worldwide expansion and user-led innovation across the residential energy storage sector.

Multi-Regional Growth and Global Market Footprint

Sigenergy's global leadership is propelled by balanced growth across key international territories rather than a single region. Backed by strong traction in Europe, resilient momentum in Oceania, and rebounding markets in Africa, the company secured top market positions across multiple countries.

To date, Sigenergy supports its worldwide customer base through a robust global network comprising over 170 distributors and 25,000+ registered installers spanning more than 120 countries.

Amid an accelerating global energy transition, Sigenergy capitalized on surging demand for distributed energy by executing its visionary "AI in All" strategy. During the first half of 2026, this strategy propelled the introduction of four major product breakthroughs: the next-generation SigenStor Neo all-in-one ESS, SigenFlux heat pumps, Sigen EVAC 2 smart EV chargers, and SigenMate micro energy storage systems.

Together, these innovations form a unified powerhouse capable of seamlessly generating, storing, optimizing, and protecting household energy.

AI Empowers Energy: Advancing the "AI in All" Global Strategy

In the first half, Sigenergy launched SigenAgent, the industry's first full-domain AI agent designed to redefine AI-powered energy management. Its AI agent squad-Energy Manager, System Doctor, Power Trader and Business Assistant-supports key applications across home energy, power station O&M, power trading and enterprise energy management, making complex energy tasks simpler and more efficient.

Furthermore, the company globally rolled out mySigen App 4.0 powered with SigenAgent, enhancing intelligent energy management capabilities through AI algorithms and energy data analytics.

Continuous investment in R&D and technological accumulation further strengthens Sigenergy's competitive foundation and supports sustainable long-term growth.

Smart Manufacturing Strengthens Global Delivery Capability

Following its Main Board listing on the Hong Kong Stock Exchange in April 2026, Sigenergy significantly strengthened its supply chain infrastructure:

The Nantong Smart Energy Hub, officially commissioned in March 2026, represents a major milestone in Sigenergy's global intelligent manufacturing strategy. The facility supports annual production capacity exceeding 300,000 units of inverters and energy storage PACKs, integrating R&D, manufacturing and digital management capabilities.

In June 2026, construction kicked off for Phase II of the Nantong Smart Energy Hub as well as a joint-venture project for energy storage system structural components. Upon completion, these projects will further boost the company's manufacturing strength, industrial chain synergy and global delivery capability.

Driven by its visionary "AI in All" blueprint and flexible modular product architecture, Sigenergy is leveraging its market-leading momentum to scale its global footprint across the entire energy spectrum-seamlessly expanding its advanced, AI-driven portfolio from household solutions to commercial and industrial (C&I) enterprises and utility-scale infrastructure.

About Sigenergy

Founded in 2022 and headquartered in Shanghai, Sigenergy (6656.HK) is a technology-driven company focused on innovation in the new energy sector. Leveraging advanced digital intelligence and a highly skilled talent base, the company has expanded across photovoltaic(PV)generation, smart energy storage and high-efficiency electric vehicle (EV) charging solutions.

Guided by its "AI in All" strategy, Sigenergy integrates artificial intelligence across its product ecosystem to deliver safer, smarter and more efficient energy solutions for households and businesses worldwide.

For more information, visit: www.sigenergy.com

Copyright 2026 GlobeNewswire, Inc.

BEIJING, Sept. 02, 2026 (GLOBE NEWSWIRE) -- CGTN publishes an article highlighting how China-Egypt cooperation has grown beyond industrial projects to encompass broader economic and strategic ties. The article spotlights the Suez Economic and Trade Cooperation Zone, growing Egyptian agricultural exports to China and the broader significance of the two countries' 70-year relationship.

A decade after China and Egypt launched the second phase of their joint economic and trade cooperation zone in the desert along the Suez Canal, the area has grown into an industrial cluster of nearly 200 companies, creating about 10,000 jobs and becoming a tangible example of how bilateral cooperation can translate into local development.

The China-Egypt TEDA Suez Economic and Trade Cooperation Zone has attracted companies in building materials, petroleum equipment, electrical equipment and machinery, with cumulative investment exceeding $4.7 billion, according to the reports by People's Daily. What was once undeveloped desert has become an industrial platform linking China's Belt and Road Initiative with Egypt's development strategy for the Suez Canal Corridor.

The transformation reflects a broader shift in China-Egypt ties, from individual infrastructure projects toward cooperation that connects investment, employment and markets. During talks with Egyptian President Abdel Fattah El-Sisi on Wednesday, Chinese President Xi Jinping said the two countries should deepen cooperation and continue advancing the building of a China-Egypt community with a shared future.

New engine of local development

The Suez zone has increasingly moved beyond conventional manufacturing, with solar projects and an emerging circular economy pointing toward greener and lower-carbon development. The expansion into new sectors has also brought more direct benefits to Egypt's economy and workforce.

Chinese-invested projects have helped strengthen Egypt's power supply, with a solar park substation project providing about 16,000 gigawatt-hours of electricity since completion, while Chinese companies have trained local engineers and workers, with some Egyptian employees moving into technical and management positions. At a joint venture between China XD Electric and Egyptian-owned EGEMAC, local employees account for 97% of the workforce.

Such cooperation is part of a broader model of mutually beneficial development. In a signed article published in Egyptian media ahead of Xi's visit, he said China and Egypt should "pursue mutual benefit and win-win cooperation and set a benchmark for joint development."

Egyptian products find a growing market in China

The relationship is increasingly running in both directions, with Egyptian products gaining greater access to China's large consumer market.

China's trade with Egypt reached 95.19 billion yuan ($14.16 billion) in the first seven months of 2026, up 18.7% year on year, Chinese official data shows. Chinese exports to Egypt rose 17.5%, while imports from Egypt jumped 49.4%.

Agricultural trade has been a particular growth area. China's imports of Egyptian agricultural products rose 82.6% in the first seven months, accounting for 41.7% of China's total imports from Egypt. Egypt was China's largest source of frozen strawberries and third-largest source of flax, with the two products accounting for 96.7% and 7.7% of China's respective imports.

Egypt, one of the world's leading orange exporters, shipped fresh oranges worth about $26 million to China in 2025. An agricultural exporter who travels to China several times a year said strong demand for Egyptian oranges among Chinese consumers has encouraged producers to improve quality.

In an article, Egypt's Al-Ahram newspaper said China's zero-tariff measures for African products had opened access to a market of more than 1.4 billion people, while noting that lower tariffs alone would not guarantee success. Product quality, stable supply and localized marketing would remain important for Egyptian companies seeking to expand in China, the newspaper said.

Beyond bilateral ties

The significance of the relationship goes beyond trade and investment as China and Egypt mark 70 years of diplomatic ties. Egypt was the first Arab and African country to establish diplomatic relations with the People's Republic of China, and the two countries have since expanded cooperation into culture, education, science and technology, health and other fields.

Xi has said China and Egypt set an example of friendship, solidarity and coordination between developing countries, noting that both are important members of the Global South.

Egypt's position gives that partnership a wider regional dimension. As a major Arab and African country, it serves as a link between the Arab world and Africa, while China and Egypt coordinate in multilateral frameworks including the United Nations and BRICS.

At a time of persistent instability in the Middle East, Xi has also called for greater regional autonomy in security, comprehensive approaches to hotspot issues, development to underpin security and stronger international coordination.

Copyright  2026 GlobeNewswire, Inc.

SHANGHAI, Sept. 02, 2026 (GLOBE NEWSWIRE) -- FREELANDER, the British Premium Intelligent All-Terrain Brand, has pushed forward the global validation program of FREELANDER 8 as preparations accelerate for its Middle East launch.

After commencing mass production in China, test vehicles have been deployed in the Middle East and begun regional road testing across diverse driving environments, paving the way for the brand's upcoming event in Abu Dhabi.

The FREELANDER 8 global validation program covers a full spectrum of climates, terrains and real-world driving scenarios. Over 1,000 test units have been deployed globally to conduct rigorous trials across regions, ranging from humid tropical environments and scorching deserts to frigid northern regions.

This extensive testing verifies the model's robust adaptability to the varied operating conditions faced by international consumers.

Underpinning the FREELANDER 8's all-terrain capability is the Intelligent All-Terrain System (i-ATS). Featuring nine terrain modes, the system supports vehicle adaptation across changing surfaces and driving conditions, bringing intelligent control to a broad range of real-world user scenarios.

Equipped with a virtual central lock and rear electronic limited-slip differential (e-LSD), it elevates driving confidence and stability in diverse off-road and on-road settings.

Previous product validations have demonstrated FREELANDER 8's capabilities across water crossings, rocky terrain and paved roads, translating All-Terrain Freedom into capability that extends from everyday driving to more challenging terrain.

The Middle East marks the newest phase of FREELANDER 8's global validation roadmap. Test fleets are undergoing rigorous assessments across desert, coastal and urban landscapes, validating powertrain performance, thermal management efficiency under the region's extreme operational demands. Targeted thermal system enhancements ensure stable performance amid persistent high temperatures, while smart technologies broaden this adaptability to daily urban use. The optional Super Intelligent Valet Parking (SIVP) system, offered in select markets, supports remote parking and vehicle recall, eliminating the need for drivers to traverse sprawling parking lots in sweltering heat.

Together, global testing and regional validation lay a solid foundation for FREELANDER 8's performance, durability and intelligent all-terrain capability. Built on the brand's three core product pillars - British Craftsmanship, Smart Confidence and All-Terrain Freedom - FREELANDER 8 represents the next chapter of Legend Reborn, combining British heritage with intelligent technology to give Freedom Seekers greater confidence across changing environments and journeys.

The upcoming Abu Dhabi Brand Launch marks a pivotal step in FREELANDER's entry into the Middle East market. This flagship event will drive forward the brand's global layout, allowing the British premium intelligent all-terrain brand to engage with regional audiences firsthand and demonstrate its latest progress in intelligent all-terrain mobility.

--

About FREELANDER

FREELANDER is a British Premium Intelligent All-Terrain brand co-developed by Chery and Jaguar Land Rover. JLR leads the design and premium DNA, while Chery brings advanced technology and global top-tier supply chain capabilities. The brand is supported by a strong global foundation, including over 5,000 employees, five strategic hubs, and fully integrated capabilities spanning design, R&D, manufacturing, and global operations.

Copyright 2026 GlobeNewswire, Inc.

Strategic agreement pairs Patton's industrial networking and cybersecurity technology with alfanar's energy-infrastructure expertise to modernize smart-grid and substation operations across Saudi Arabia

GAITHERSBURG, Md. and PARIS, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Patton LLC-a U.S.-based developer of industrial networking, connectivity, and cybersecurity technologies-today announced a strategic cooperation agreement with alfanar-a leading multinational provider of energy, infrastructure, and digital solutions.

The agreement establishes a framework for collaboration focused on modernizing Operational Technology (OT) and IT networks supporting electrical substations, smart-grid infrastructure, and critical energy operations throughout Saudi Arabia.

Delivered through alfanar Digital Solutions (ADS) and alfanar eDAS, the partnership covers industrial automation, smart-grid modernization, digital substations, and cybersecurity for critical infrastructure-integrating IIoT architectures aligned with Industry 4.0 standards, secure OT networking, grid cybersecurity, network segmentation, SCADA policy enforcement, and resilient substation automation.

Key Patton Technologies

ConnectIT CIT-SFP - a compact serial-to-IP platform that lets legacy RTUs, SCADA systems, protection relays, and Intelligent Electronic Devices (IEDs) integrate with modern Ethernet/IP networks without replacing installed assets

CopperLink CL-SFP - extends Ethernet connectivity over existing copper infrastructure to accelerate IP-based communications

FiberPlex SFX Data Diode SFP modules - hardware-enforced, unidirectional cybersecurity solutions that enable secure data transfer from operational systems to monitoring platforms while blocking unauthorized inbound access.

The agreement also gives alfanar access to Patton's Special Projects Group, contract development, engineering, and manufacturing services for customized initiatives that support the Kingdom's evolving electrical infrastructure needs.

"Saudi Arabia continues to make significant investments in modernizing its energy infrastructure and advancing its Vision 2030 objectives," said Burton Patton, Chief Revenue Officer of Patton LLC. "We are proud to cooperate with alfanar, contributing our products, IP competency, and engineering capabilities to support secure digital transformation across the Kingdom's energy sectors."

"This cooperation agreement brings together complementary capabilities essential to the future of intelligent energy systems," said Chadi Iskandar, Vice President, eDAS, alfanar. "Together, we will help customers accelerate deployment of smart-grid, automation, and digital substation architectures while maintaining the highest standards of security and reliability."

The announcement comes amid growing US-Saudi cooperation, including the recent US-Saudi 123 Agreement on Peaceful Nuclear Cooperation. While unrelated to nuclear technology, the partnership reflects the broader strength of bilateral commercial ties.

Together, Patton and alfanar will pursue opportunities that support next-generation utility infrastructure, intelligent substations, secure OT networking, and smart transmission and distribution initiatives that advance Saudi Vision 2030.

Copyright 2026 GlobeNewswire, Inc.

Photos: H.E. Fatima bint Jaafar Al Sairafi, Minister of Tourism of the Kingdom of Bahrain, with UFI leadership during their visit to Exhibition World Bahrain ahead of the 93rd UFI Global Congress.

SAKHIR, Kingdom of Bahrain, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Her Excellency Fatima bint Jaafar Al Sairafi, Minister of Tourism of the Kingdom of Bahrain, received Chris Skeith OBE, CEO and Managing Director of the Global Association of the Exhibition Industry (UFI), Said Al Shanfari, UFI President-elect for the 2027-2028 term and CEO of the Oman Convention and Exhibition Centre (OCEC), and Naji El Haddad, UFI Regional Director for the Middle East and Africa, during their visit to the Kingdom of Bahrain to review preparations for the 93rd UFI Global Congress, which will take place in Bahrain this November.

Her Excellency the Minister of Tourism emphasised that hosting the 93rd UFI Global Congress represents an important milestone in strengthening Bahrain's position as a leading destination for business tourism and events. It also reflects the Kingdom's growing international confidence in its ability to host and deliver major global events, supported by its advanced infrastructure, world-class facilities, and competitive advantages that reinforce its position on the international exhibitions and conferences map.

Her Excellency noted that preparations for the Congress are progressing in close coordination with the various relevant stakeholders to ensure the successful delivery of an event befitting the significance of this international gathering. She expressed her anticipation of welcoming exhibitions professionals and industry representatives from around the world to the Kingdom and showcasing Bahrain's capabilities and promising opportunities across the business tourism and exhibitions sectors.

During the meeting, the senior UFI delegation reviewed the preparations underway for the Congress and discussed areas of cooperation and coordination between the Bahrain Tourism and Exhibitions Authority (BTEA) and UFI.

As part of their visit, the delegation toured Exhibition World Bahrain (EWB) to review its facilities and preparations for the Congress and met with the teams working on delivering the event. The delegation also visited several locations across the Kingdom that are scheduled to host activities and events taking place alongside the Congress.

Chris Skeith OBE, CEO and Managing Director of the Global Association of the Exhibition Industry (UFI), said: "It was a pleasure to visit Bahrain and meet with representatives of the tourism sector and the teams working on the Congress preparations. We have seen the progress being made and the clear commitment demonstrated by our hosts. Bahrain is a distinctive destination for the global exhibitions community, and we look forward to bringing UFI members and industry representatives together here in November for a Congress rich in dialogue and engagement."

Said Al Shanfari, UFI President-elect for the 2027-2028 term and CEO of the Oman Convention and Exhibition Centre, said: "The Middle East continues to strengthen its position and influence within the global exhibitions industry, and Bahrain's hosting of the Congress is an important reflection of this momentum. Our visit provided an opportunity to review the preparations underway and highlighted the strong cooperation between UFI and BTEA. We look forward to returning to Bahrain this November and welcoming colleagues from the industry from around the world."

The 93rd UFI Global Congress will be held in the Kingdom of Bahrain from 2 to 5 November 2026 at Exhibition World Bahrain, under the auspices of the Bahrain Tourism and Exhibitions Authority (BTEA).

Registration remains open for industry professionals and stakeholders in the business events, meetings, conferences, and exhibitions sectors, including registered members of the Global Association of the Exhibition Industry (UFI), the International Association of Convention Centres (AIPC), the International Congress and Convention Association (ICCA), and the Society of Independent Show Organisers (SISO).

For more information and registration, please visit the official website of the 93rd UFI Global Congress: www.uficongress.org

About Exhibition World Bahrain (EWB)

Inaugurated in November 2022 and owned by the Bahrain Tourism and Exhibitions Authority (BTEA), Exhibition World Bahrain (EWB) is the World's Leading New Exhibition and Convention for 2023, the Middle East's Leading Large-Scale Wedding Venue 2024 and the newest MICE venue in the Middle East. The venue offers a wide range and variety of leasable spaces for all types of events of all sizes, from large conventions and exhibitions to conferences and meetings, live entertainment performances, large weddings, galas, celebrations, corporate functions and more.

In addition to 10 large Exhibition Halls, EWB's Convention Centre features a Grand Hall and an adjacent Meeting Hub of 19 meeting rooms of varying sizes. Its extensive capacity enables it to host several events and exhibitions simultaneously.

For more information about EWB and its state-of-the-art features and facilities, please visit: https://www.ewbahrain.com/

Copyright 2026 GlobeNewswire, Inc.

WILMINGTON, N.C., Sept. 02, 2026 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the platform for agentic AI banking, today announced its participation in the following investor conference:

Piper Sandler Growth Frontiers Conference

Presentation: Wednesday, September 16, 2026, at 11:30 a.m. CT (12:30 p.m. ET)

The live webcast, as well as a replay from the event, will be available on the Company Investor relations website at https://investor.ncino.com/news-events/events-presentations.

About nCino

nCino (NASDAQ: NCNO) is the platform for agentic AI banking. With over 2,700 customers worldwide - including community banks, credit unions, independent mortgage banks, and the largest financial entities globally - nCino offers a trusted, agentic platform purpose-built for financial services and regulated industries.

By deploying AI agents alongside human teams, nCino's dual workforce enables institutions to eliminate inefficiencies, sharpen decision-making and deliver better outcomes for the customers they serve. For more information, visit www.ncino.com.

INVESTOR CONTACT

investor@ncino.com

 

MEDIA CONTACT

press@ncino.com

Copyright 2026 GlobeNewswire, Inc.

New software helps engineers isolate 128 GT/s signal problems earlier and validate the high-bandwidth connections required by AI and high-performance computing systems

BEAVERTON, Ore, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Tektronix today introduced new automated transmitter and receiver test software for PCI Express (PCIe) 7.0 Base designs operating at 128 GT/s.

The new TekExpress PCIe 7.0 Transmitter Test Application and expanded PCIe 7.0 capabilities in TekRxTest, Tektronix's receiver test software, help engineers automate transmitter measurements, calibrate precisely stressed receiver signals and validate designs against PCIe 7.0 Base Specification requirements. 

Tektronix also expanded its PAMJET Transmitter Analysis Software with advanced PCIe 7.0 capabilities. The software helps engineers identify sources of noise, jitter and other complex signal-integrity problems that standard measurements alone may not explain.  

As AI systems scale, moving data efficiently among processors, accelerators, memory, storage and networking becomes as important as adding compute capacity. PCIe provides the high-bandwidth connections among those components, making its continued advancement essential to AI, machine learning, high-performance computing and data center systems. 

PCIe 7.0 doubles the PCIe 6.0 data rate to 128 GT/s and supports up to 512 GB/s of bidirectional bandwidth over 16 lanes. Those gains leave far less room for electrical error. At 128 GT/s, channel loss, crosstalk, power delivery noise and jitter become more difficult to isolate, while measurement-system effects can obscure a device's true performance.  

For semiconductor and system developers, these challenges can slow first-silicon bring-up, complicate correlation across engineering teams and allow problems to remain hidden until later development stages. Engineers need repeatable ways to evaluate transmitter behavior, create accurate receiver test conditions and move quickly from a failed measurement to its underlying cause. 

"Customers developing PCIe 7.0 designs need confidence that their measurements reflect the device, not the test environment," said Daryl Ellis, Vice President and General Manager of Tektronix's Signal Acquisition and Analysis Portfolio. "We combine precise measurement, guided software and direct application expertise to help them solve problems earlier and move PCIe 7.0 designs forward." 

Find problems earlier at 128 GT/s 

The new capabilities address three critical stages in PCIe 7.0 electrical validation. By combining TekExpress, TekRxTest and PAMJET with 70 GHz DPO70000SX ATI performance oscilloscope and the Anritsu MP1900A Signal Quality Analyzer-R, engineering teams gain a coordinated PCIe 7.0 Base test solution for transmitter measurement, receiver stress calibration and validation, and root-cause PAM4 analysis. 

Automate transmitter testing: The TekExpress PCIe 7.0 Transmitter Test Application automates setup, waveform acquisition, analysis and reporting for transmitter measurements defined in the PCIe 7.0 Base specification, including signal-to-noise-and-distortion ratio, ratio of level mismatch, jitter and transmitter preset equalization. Engineers can evaluate first silicon, compare presets and design revisions, and identify electrical problems before system integration.

Simplify receiver calibration and validation: TekRxTest controls the Tektronix oscilloscope and the Anritsu MP1900A through one guided workflow for TP3 and TP2 stressed-eye calibration, preset and continuous-time linear equalization (CTLE) optimization, and channel verification. The MP1900A provides the stressed signaling required for PCIe 7.0 receiver calibration and validation. Automated oscilloscope noise compensation supports accurate sinusoidal- and random-jitter calibration, helping engineering organizations create repeatable test conditions across teams and test environments.  

Move from failure to root cause: Expanded PAMJET capabilities provide noise-aware measurements, clock recovery, correlated and composite eye views, analysis of individual PAM4 transitions and direct navigation to symbol-error events. These capabilities help engineers distinguish device behavior from channel and measurement system effects and expose problems that averaged or aggregate measurements can conceal. 

Together, these capabilities help engineers validate chip-level designs against PCIe 7.0 Base electrical requirements, laying the groundwork for future CEM implementations and compliance testing. TekExpress and TekRxTest also support workflows for earlier PCIe generations, helping engineering teams retain familiar test processes as they validate backward compatibility and move toward PCIe 7.0. 

Confidence as PCIe evolves 

As customers adopt each PCIe generation, they must make critical design decisions while requirements, test methods and industry experience are still evolving. For generations of PCIe, Tektronix engineers have actively participated in PCI-SIG Work Groups and pathfinding efforts, applying that knowledge to the software, measurement methods and technical guidance customers use to evaluate designs before deployment.  

Tektronix also supports PCI-SIG compliance workshops as a Gold Suite-approved test vendor for PCIe 5.0 and PCIe 6.0, helping engineers evaluate device interoperability and resolve problems early.  

Availability 

The TekExpress PCIe 7.0 Transmitter Test Application and expanded PCIe 7.0 capabilities in TekRxTest are available now. PAMJET Transmitter Analysis Software is purchased separately and is available now for compatible Tektronix high-performance oscilloscopes.  

Learn more about Tektronix PCIe test solutions at tek.com/pci-express.

# # # 

About Tektronix 

Tektronix is the partner engineers have trusted to measure, discover, and innovate for 80 years. Today we deliver test and measurement solutions that unite precision with simplicity, helping engineers accelerate breakthroughs that shape a better tomorrow. Learn more at tek.com/newsroom. 

Tektronix is a registered trademark of Tektronix, Inc. All other trade names referenced are the service marks, trademarks, or registered trademarks of their respective companies. 

SOURCE: Tektronix, Inc. 

Copyright 2026 GlobeNewswire, Inc.

From five employees and a single product in 1976 to a cloud platform running hundreds of thousands of dispatched loads a day worldwide, Command Alkon marks 50 years of building technology for today and for the future

HILLIARD, Ohio, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Today marks 50 years since Command Alkon, the leading software and solutions provider for the heavy building materials industry, opened its doors, and the company is marking the occasion by staying true to the idea that has guided it since 1976: that the heavy building materials industry deserves technology built for it, not adapted from somewhere else.

Half a century later, Command Alkon has grown to be the operating platform for more than 2,800 customers in over 80 countries, from single-plant independent producers to the largest multinational materials companies in the world. On any given day, Command Alkon systems are behind more than 690,000 dispatched loads, 60,000 tracked trucks, and 20,000 production installations running ready mix, aggregate, asphalt, and cement operations across the globe.

"This industry runs on precision," said Martin Willoughby, Chief Executive Officer of Command Alkon. "A truck has to arrive on time, a mix has to be right, a load has to get where it's going and there's no room to treat any of that as an afterthought. Producers build their operations around our technology because they need a partner who understands that."

The Discipline Behind 50 Years of Innovation

Command Alkon's story starts with two companies that arrived in the same industry from different directions. Command Data built accounting and dispatch systems for ready mix producers. The Alkon Corporation pioneered plant automation. Both companies were solving real problems for an industry that had outgrown manual processes and needed technology that could keep pace with its complexity. When the two merged in the early 2000s, they didn't just combine product lines - they built a company shaped by the realities of the plants, trucks, and jobsites it served, rather than by what off-the-shelf software could offer.

That refusal to generalize has defined every acquisition since. ConAd became the foundation of Command Alkon's ready mix quality control solution. JWS Corporation's Apex product line is one of the most widely used bulk materials scale-ticketing systems in the world. FiveCubits, Ruckit, Trimble Construction Logistics, Libra, Marcotte Systems, and Digital Fleet, each added value for production, logistics, and fleet connectivity, deepening the product portfolio and company capabilities.

In the late 2000s and mid-2010s, that same discipline drove Command Alkon's global expansion, transforming it into a truly international company now serving customers in more than 80 countries with localized expertise and 24/7 support.

Command Cloud and the Next Chapter

Introduced in early 2024, Command Cloud is where that focus comes together: a unified platform connecting production, dispatch, fleet, and financials. It is the culmination of years of deliberate investment in something the industry had never had before ? one platform, for every material, in one place.

Command Cloud is designed to grow with a producer rather than lock them in. Its API-open architecture and enterprise-grade security let producers connect the tools they already rely on, add new capabilities as they need them, and shape their own technology landscape instead of working around a rigid, one-size-fits-all system. Production, dispatch, and fleet all run from the same connected environment from quote-to-cash, in real time. Producers get a live picture of the operation rather than yesterday's reports - and the flexibility to scale that operation up without giving up security or reliability along the way.

"Generic platforms cannot replicate what we've built," said Willoughby. "We know what a good pour looks like, what it takes to keep a fleet moving under real pressure, and what separates a plant that's actually running well from one that just looks like it is. That knowledge is baked into everything we've built for the past 50 years, and it's not something anyone can shortcut."

What Comes Next

Command Alkon enters its second half-century with its sharpest strategic identity yet: a single platform, an AI roadmap built for real operational outcomes rather than features, and fifty years of domain expertise that is genuinely difficult to replicate. The company is also investing in the next generation of the industry's workforce - modern, mobile-first tools and accessible learning resources designed to reduce reliance on institutional knowledge and make heavy building materials careers more attractive to the people who will run this industry for the next fifty years.

"Fifty years ago, five people set out to build software that actually fits the industry they were serving," said Willoughby. "That instinct hasn't changed. What's changed is the scale at which we can deliver on it."

About Command Alkon

Command Alkon is the global leader in software and platform technology for the heavy building materials industry. Through Command Cloud, the company connects raw materials, production, dispatch, logistics, and financials in a single platform purpose-built for ready mix, asphalt, aggregate producers. With 50 years of industry expertise and a presence in more than 80 countries, Command Alkon powers mission-critical operations for thousands of producers worldwide, delivering real-time visibility, operational precision, and data-driven insights across the entire materials value chain.

Copyright 2026 GlobeNewswire, Inc.

NEW YORK, NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Donna Karan New York has always been defined by two enduring muses: the woman and the city. One shapes the other. Together, they embody a spirit that is at once powerful and effortless, timeless and unmistakably modern.

The Fall 2026 campaign, photographed by Mert Alas, and starring Kendall Jenner, further strengthens this bond. For the first time since the brand's relaunch, the campaign unfolds across iconic New York City locations, where the city's energy, texture, and light become an extension of the collection itself.

The visual style references a late 1980s Donna Karan campaign photographed by Dennis Piel, that featured Rosemary McGrotha - expressing her inner thoughts inside a limousine coming into New York. That film, which felt remarkably ahead of its time, inspires this latest concept, where Kendall imagines she has New York City entirely to herself.

With the INXS track, Never Tear Us Apart, each scene is captured with cinematic richness. Appearing inside and outside the car, Kendall balances edge with glamour, revealing a femininity that is both direct and unmistakably Donna Karan. She describes what makes the city so compelling, for it is here that the possibilities seem limitless.

"Donna Karan has always embodied confidence and effortless sophistication, qualities I really connect with. Being a part of the Fall 2026 campaign felt like celebrating the energy of New York and a woman who knows her style and embraces who she is," says Kendall Jenner.

Kendall spotlights the iconic bodysuit from the Donna Karan archives, reimagined for Fall 2026, alongside key looks from the collection, including a draped wool jersey jacket and skirt layered beneath a leather coat and a richly tailored velvet suit. Several of these looks are defined by a seasonal shade of black cherry: more luscious than oxblood and more intriguing than classic black. Kendall also wears a stylized aviator jacket and skirt in deep, espresso brown, as well as a full-length sequin dress that gives off a sultry shimmer. The looks are completed with the Cashmere Tote in Chocolate Suede and the Black Cherry Leno bag, sculptural gold accessories, and eyewear.

In his recognizable style, Alas focuses on the individuality and modern spirit of Kendall, who conveys the chic sensibility of the season and the overarching spirit of Donna Karan New York.

The Donna Karan New York campaign launches today, September 2nd across all Donna Karan New York social channels, featuring Kendall Jenner. This powerful narrative will be amplified with a 360-degree approach, utilizing a diversified media mix of high-visibility digital platforms, striking print placements, and premium outdoor displays. The Fall 2026 Collection is available to shop now on DonnaKaran.com and select retailers globally.

Creative Direction by Trey Laird

Photography by Mert Alas

Styled by Jessica Diehl

Hair by Chris McMillan

Makeup by Mary Phillips

BTS by Adrian Martin and Natalie Paul

ABOUT DONNA KARAN NEW YORK

Donna Karan New York revolutionized women's fashion in 1984 with Seven Easy Pieces, a groundbreaking system that made dressing effortless, sophisticated, and empowering. Now under the ownership of G-III Apparel Group, Ltd. since 2016, the brand enters a new chapter with its 2024 relaunch. While staying true to its original vision, the iconic Donna Karan New York has evolved to meet the needs of the modern woman, offering designs that inspire confidence with timeless, versatile pieces that seamlessly integrate into daily life. With expanded distribution, Donna Karan New York continues to bring its signature style to a broader audience, resonating with women globally.

ABOUT G-III APPAREL GROUP, LTD.

G-III Apparel Group, Ltd. is a global fashion leader with expertise in design, sourcing, distribution, and marketing. The Company owns and licenses a portfolio of more than 30 preeminent brands, each differentiated by unique brand propositions, product categories, and consumer touchpoints. G-III owns ten iconic brands, including DKNY, Donna Karan, Karl Lagerfeld, Sonia Rykiel, and Vilebrequin, and licenses over 20 of the most sought-after names in global fashion, including Levi's, Halston, Champion, Converse, Cole Haan, BCBG, French Connection, Calvin Klein, Tommy Hilfiger, Starter, as well as major sports leagues such as the NFL, NBA, NHL and MLB, among others.

Copyright 2026 GlobeNewswire, Inc.

Programme, Positioning for Multi-Year Order Book Growth Through 2029

KUALA LUMPUR, Malaysia, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited ('Founder Group' or the 'Company') (NASDAQ: FGL) announced today that its subsidiary, Founder Energy Sdn. Bhd. ('Founder Energy'), is actively tendering for projects under the Large-Scale Solar 6 ("LSS6") programme, Malaysia's largest-ever utility-scale solar tender.

The Company believes LSS6 represents a multi-year growth opportunity that could progressively expand its order book from the current tender period through the programme's targeted commercial operation date of December 31, 2029.

LSS6: Malaysia's Largest Utility-Scale Solar Programme

The Ministry of Energy Transition and Water Transformation (PETRA) launched LSS6 in July 2026, offering a total quota of 2,500 megawatts (MW) of solar capacity paired with 1,250MW of battery energy storage system (BESS) capacity, together with a further 150MW of solar capacity reserved for Bumiputera companies in Peninsular Malaysia. PETRA has stated that the programme is expected to attract between RM13 billion and RM15 billion (between US$3.2 billion and US$3.7 billion) in private investment, with projects to be commissioned in phases and targeted to reach full commercial operation by December 31, 2029. As compared to previous LSS rounds, LSS6 is also the first LSS round to mandate hybrid solar-BESS development, and it translates into an engineering, procurement, construction and commissioning (EPCC) opportunity of comparable scale, the addressable market that Founder Energy is now tendering into.

Founder Energy's Service Capabilities: Full-Suite EPCC & AI-Powered O&M

Founder Energy's end-to-end EPCC capability is well matched to the LSS6's scale, phased build-out, and multi-year construction runway, and the Company expects to see its order book growth progressively between now and the programme's targeted commercial operation date as tender awards and construction packages are officially commerced.

Since inception, Founder Energy has been involved in over 70 solar EPCC and sub-EPCC projects across Peninsular Malaysia, spanning most of the phases of the government's LSS programme since 2016, the Corporate Green Power Programme (CGPP), independent power producer (IPP) and Self-Consumption (SELCO) schemes, floating solar, and commercial and industrial (C&I) rooftop installations. Across its completed and on-going project base, Founder Energy has delivered work on facilities representing a combined total of over 1GWp of DC solar capacity, with an aggregate contract value of approximately RM520 million (US$128.6 million). Founder Group's demonstrated ability to secure both direct EPCC awards, and sub-EPCC packages alongside established industry participants is a core competitive strength that it intends to leverage in pursuing LSS6 opportunities.

Beyond EPCC delivery, Founder Group also provides long-term asset lifecycle management. The Company integrates the proprietary AI-driven Operations & Maintenance (O&M) technologies. With LSS6 the first LSS round to mandate integrated BESS and a 2029 commercial operation horizon spanning decades of subsequent operation, the Company believes this O&M capability also positions it to capture recurring, long duration revenue that extends well beyond the construction phase into long-term asset management, complementing the project-based EPCC order book with a recurring, longer tail revenue stream.

CEO Commentary

"LSS6 is the largest solar tender Malaysia has ever launched, and it plays directly to our strengths as a full-capability EPCC provider. We are already active in the market, and our existing collaboration with leading Malaysian and International Solar companies who are best positioned to win LSS6 packages will directly benefit us through awards to be made over the next four years. Between these four years until LSS6 commissioned at the end of 2029, we are going to see us replenish our order book with new contracts and grow the business substantially," said Lee Seng Chi, chief executive officer of Founder Group Limited.

About Founder Group Limited

Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia. The company's primary focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. The company's mission is to provide customers with innovative solar installation services, promote eco-friendly resources and achieve carbon neutrality.

For more information on the Company, please visit https://www.founderenergy.com.my/.

Safe Harbor Statement

This press release contains forward-looking statements that reflect our current expectations and views of future events. Known and unknown risks, uncertainties and other factors, including those listed under "Risk Factors" in the Company's filings with the U.S. Securities and Exchange Commission, may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions.

We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.

CONTACT INFORMATION:

For media queries, please contact:

Founder Group Limited

info@founderenergy.com.my

Copyright 2026 GlobeNewswire, Inc.

Day One, "Wonders of the Past", offers 405 lots, including a Fayum portrait, a Flemish St Martin and two Rajasthani celestial musicians

HARWICH, United Kingdom, Sept. 02, 2026 (GLOBE NEWSWIRE) -- A previously unattested Egyptian title, carved into a monument made for a son of Ramesses II, is among the highlights of TimeLine Auctions' 8 September "Wonders of the Past" sale.

Carved in granite for Prince Parahirwenemef, son of Ramesses II and Nefertari, the base preserves the feet, sandals and toes of a kneeling royal statue (lot 16, 19th Dynasty, circa 1250 B.C., EUR40,000-60,000). Among the titles carved on the plinth is tpy n ms', "chief of troops" - a rank not previously attested. Egyptologist Paul Whelan is preparing a study.

A man in Roman Egypt sits for his portrait holding a glass of wine and wearing a garland of roses, a ring on his finger. The Fayum wooden portrait of a bearded man (lot 116, ?18,000-24,000) captures him at a moment of ease and ceremony. Published by Klaus Parlasca, it survives as a remarkably direct image of an individual from seventeen centuries ago.

Two gandharvas, celestial musicians from Rajasthan, are shown in red sandstone, one playing a stringed instrument and the other a drum (lot 247, 11th-12th century A.D., EUR20,000-30,000). Their carved hair, jewellery and eyelids retain a remarkable level of detail.

A 15th-century Flemish carver depicts St Martin on horseback, arm raised to divide his cloak and give part of it to the beggar below (lot 306, EUR20,000-30,000).

"Collecting is nothing new. In the 1st century B.C., Cicero wrote to a friend in Athens asking for more Greek sculpture for his villa. The objects we collect have always moved through other hands, other homes, other lives. Many have outlived the empires that made them.

"To collect is simply to take your turn holding something that was never meant to stay in one place forever. We are custodians, and only for a while." - Aaron Hammond

Auction: 8 September, 1pm BST / 8am ET. Further auctions: "Discover the Past", 9-11 September; Natural History and Philately, 12 September; Numismatics, 15-16 September. Bidding: absentee, telephone or live online. Enquiries: +44 (0) 1277 815121 / enquiries@timelineauctions.com

TimeLine Auctions is a British auction house specialising in antiquities, ancient art, coins and natural history.

Copyright 2026 GlobeNewswire, Inc.

*Teva-discovered TEVA' 408, a novel anti-IL-15 monoclonal antibody, demonstrated statistically significant and clinically meaningful prevention of gluten-induced intestinal damage vs placebo following a single subcutaneous dose.

*TEVA' 408 was well-tolerated with no safety signals observed to date.

*Together with the vitiligo program, the celiac disease topline results further support TEVA' 408 as a potential pipeline-in-a-product opportunity in multiple diseases.

 

Teva will hold an investor call and live webcast today,

Wednesday, September 2, 2026, at 8:00 a.m. ET to discuss these data.

 

TEL AVIV, Israel, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced positive topline results from an ongoing Phase 2a study of TEVA' 408, an investigational anti-interleukin-15 monoclonal antibody, in adults with celiac disease. The study met its primary endpoint, demonstrating statistically significant and clinically meaningful prevention of gluten-induced intestinal damage versus placebo at week 8. TEVA' 408 was well-tolerated, with no safety signals observed to date.

 

"A strict gluten-free diet has long been the only option for people living with celiac disease. Yet, even with strict adherence to a gluten-free diet, many continue to experience symptoms, intestinal damage and a significant impact on their daily lives," said Eric Hughes, MD, PhD, Executive Vice President, Global R&D and Chief Medical Officer at Teva. "These results underscore the potential to move beyond managing gluten exposure and address celiac disease at its biological source. They also strengthen our confidence in targeting the IL-15 pathway as an approach to reducing immune-driven intestinal damage."

 

The ongoing randomized, placebo-controlled study enrolled 50 adult participants with celiac disease on a gluten-free diet (GFD) with minimal intestinal damage at baseline as measured by the villous height-to-crypt depth ratio (Vh:Cd ≥2.0) and symptoms. Two weeks after receiving a single dose of TEVA' 408, participants began a six-week daily gluten challenge (GC). The study assessed biopsy-based measures of intestinal damage and inflammation along with patient-reported symptoms. At week 8 (the end of the GC) TEVA' 408:

 

Showed statistically significant and clinically meaningful prevention of gluten-induced intestinal damage versus placebo, as measured by the trial's primary endpoint of Vh:Cd ratio with a least squares (LS) mean change from baseline of -0.43 compared with -0.88 for placebo (treatment difference of 0.45, 95% CI: (0.06, 0.84), p<0.05).

Showed a favorable effect on intestinal inflammation as measured by density of intraepithelial lymphocytes (IELs) compared with placebo; the LS Mean change from baseline in the density of IELs, was an increase of 27.60 for placebo compared to 0.37 for TEVA' 408 treated participants (treatment difference of -27.23, 95% CI: (-39.67, -14.79)).

Demonstrated lower GI symptom scores versus placebo, as assessed using the Celiac Disease Symptom Diary (CDSD), a patient-reported outcome (PRO).

Was well-tolerated with no emerging safety signals.

 

Additional analyses from the ongoing Phase 2a study are underway. Teva plans to present further data from the study at a future scientific meeting.

 

Teva Investor Call

Teva will hold an investor call and live webcast today, Wednesday, September 2, 2026, at 8:00 a.m. ET/ 2:00 p.m. CET to discuss these data. To participate, please register in advance here. To access a live webcast of the presentation, visit Teva's Investor Relations website. An archived version of the webcast will be available 24 hours after the end of the live discussion.

 

About TEVA' 408

TEVA' 408, discovered by Teva, is an investigational human monoclonal antibody designed to inhibit interleukin-15 (IL-15), a cytokine involved in immune-mediated pathways. TEVA' 408 has a high affinity and potency (in vitro) with a prolonged half-life that supports the potential for convenient subcutaneous dosing.

 

TEVA' 408 is being studied as a potential therapy for celiac disease in a Phase 2a study and was granted Fast Track designation in that indication by the U.S. FDA in May 2025. By blocking IL-15 activity, TEVA' 408 aims to reduce the IL-15-driven intestinal inflammation and damage that are characteristic of celiac disease.

 

TEVA' 408 is also being evaluated in a Phase 1b study as a treatment for vitiligo. Following encouraging results from the ongoing Phase 1b study in vitiligo, Teva is advancing the investigational asset into a Phase 2b study in vitiligo. By blocking IL-15 activity, TEVA' 408 aims to reduce the immune-mediated destruction of melanocytes (pigment-producing cells) resulting in white patches on the skin characteristic of vitiligo.

 

Teva entered a strategic funding agreement with Royalty Pharma in January 2026. Under the agreement, Teva is eligible to receive up to $500 million to accelerate the clinical development of TEVA' 408. If approved and launched, Teva will pay a milestone to Royalty Pharma and a royalty on worldwide net sales of TEVA' 408.

 

About Celiac Disease

Celiac disease is a serious autoimmune disease in which exposure to gluten triggers an immune response that damages the small intestine. It affects approximately 1% of the global population, or more than three million people in the U.S. alone, although many individuals remain undiagnosed. Celiac disease can cause chronic digestive symptoms, fatigue, nutrient deficiencies, and other health complications that can significantly impact daily life.

 

There are currently no approved therapies for celiac disease. A strict gluten-free diet (GFD) remains the standard of care, yet even with careful adherence, patients may continue to experience symptoms, reduced quality of life, and ongoing intestinal inflammation or damage due to inadvertent gluten exposure. For people living with celiac disease, managing the condition often requires constant vigilance around meals, travel, work, and social activities, creating significant daily burden. The limitations of current management approaches underscore the need for therapies that address the underlying drivers of disease and improve outcomes for patients.

 

About Teva

Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is transforming into a leading innovative biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva's commitment to bettering health has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars and pharmacy brands worldwide, Teva is dedicated to addressing patients' needs, now and in the future. At Teva, We Are All In For Better Health. To learn more about how, visit www.tevapharm.com.

 

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management's current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. You can identify these forward-looking statements by the use of words such as "should," "expect," "anticipate," "estimate," "target," "may," "intend," "plan," "believe" and other words and terms of similar meaning and expression in connection with any discussion of future operating or financial performance. Important factors that could cause or contribute to such differences include risks relating to: our ability to successfully develop and commercialize TEV-'408 for the treatment of celiac disease and for the treatment of vitiligo; our ability to successfully compete in the marketplace, including our ability to develop and commercialize additional pharmaceutical products; our ability to successfully execute on our Pivot to Growth strategy, including to expand our innovative and biosimilar medicines pipeline and profitably commercialize our Innovative medicines and biosimilar portfolio, whether organically or through business development; and other factors discussed in our Quarterly Report on Form 10-Q for the second quarter of 2026 and in our Annual Report on Form 10-K for the year ended December 31, 2025, including in the sections captioned "Risk Factors," and "Forward-Looking Statements." Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.

 

Teva Media Inquiries: TevaCommunicationsNorthAmerica@tevapharm.com

Teva Investor Relations Inquiries: TevaIR@Tevapharm.com

 

Copyright 2026 GlobeNewswire, Inc.

 

Adds dedicated bioanalytical capabilities and expanded capacity to Fortrea's early clinical development network as Worldwide advances its strategy to scale clinical development, therapeutic leadership and high-growth markets

Highlights

*Fortrea enters into a definitive agreement to acquire the Early Phase Services division of Worldwide Clinical Trials

Includes a 60,000 sq. ft. GLP bioanalytical lab in Austin; a 200-bed GCP-compliant clinical pharmacology unit in San Antonio; and a biospecimen storage facility in Pflugerville, Texas

*Enables integrated execution of early-phase studies with large and small molecule bioanalytical capabilities, enhancing Fortrea's ability to deliver faster, more integrated early clinical development solutions for simple and complex clinical studies

*Strengthens Fortrea's end-to-end clinical development platform, supporting customers from first-in-human studies through Phase IV and post-approval evidence generation

*Supports Fortrea's growth strategy through expanded scientific capabilities, increased early clinical development capacity and enhanced ability to create long-term value for shareholders

*Supports Worldwide Clinical Trials' existing rapid global growth across oncology, neuroscience, internal medicine, and rare disease

Provides continuity of operations, study delivery and customer support throughout the transition through a strategic alliance agreement between the companies

DURHAM, N.C. and RESEARCH TRIANGLE PARK, N.C., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) and Worldwide Clinical Trials ("Worldwide"), leading global contract research organizations (CROs), today announced that they have signed a definitive agreement under which Fortrea will acquire Worldwide's Early Phase Services division ("Early Phase"), consisting of its Clinical Pharmacology Unit (CPU) and Bioanalytical Laboratory operations.

The acquisition further enhances Fortrea's position as a leading global clinical development partner, strengthening the front end of its development platform supporting customers across Phases I-IV. Worldwide will continue to support existing and future Phase I studies through its broader clinical development capabilities.

The Early Phase business provides integrated early-phase clinical development and bioanalytical services supporting drug candidates from early development through later-stage clinical research. The business includes a Good Laboratory Practice (GLP)-compliant bioanalytical laboratory in Austin, Texas; a 200-bed Good Clinical Practice (GCP)-compliant clinical pharmacology unit in San Antonio, Texas; and a biospecimen storage facility in Pflugerville, Texas-enabling coordinated execution of complex early-phase studies with operational delivery services and reducing operational handoffs between clinical and bioanalytical functions, providing customers with a more streamlined path from first-in-human through proof-of-concept studies.

The acquisition complements Fortrea's Clinical Pharmacology Services business and existing early phase capabilities by adding in-house large and small molecule bioanalytical capabilities and expanding its North American clinical research unit footprint. The addition of dedicated bioanalytical capabilities will enable Fortrea to improve turnaround times and deliver both simple and complex, integrated clinical development solutions. The combined platform will offer customers greater flexibility for complex and larger participant studies, broader access to distinct volunteer populations and expanded bedspace capacity across Fortrea's early development network.

The agreement enables Worldwide to continue to provide core healthy volunteer study capabilities globally through its external site network, ensuring sponsors have access to the expertise and services needed across all phases of development, while accelerating investment within its rapidly growing late-stage business across therapeutic expertise, technology, geographic expansion and long-term growth initiatives. 

Together, the transaction positions both organizations to build on their respective strengths while continuing to support sponsors across the drug development lifecycle.

"Fortrea is making an important investment in early clinical development as part of our end-to-end clinical development platform supporting customers from first-in-human studies through Phase IV and post-approval evidence generation. We believe this acquisition strengthens our ability to create long-term value for shareholders while expanding the capabilities and capacity we provide to customers, volunteers and the patients we ultimately serve," said Anshul Thakral, CEO of Fortrea. "By bringing together complementary bioanalytical and clinical research offerings, we will enable a more seamless development experience for customers, broaden our scientific and operational capabilities and support studies of greater scale, complexity and scientific sophistication across a wider range of therapeutic needs. While these capabilities strengthen our integrated early development offering, they also enhance our ability to provide a more connected development experience to help sponsors advance their assets from early development through pivotal studies into post-approval evidence generation, bringing life-changing treatments to patients faster."

"Worldwide has built a respected Early Phase business, supported by a strong team and a reputation for scientific and operational excellence," said Alistair Macdonald, CEO of Worldwide. "This transaction allows us to focus our investments and support on our rapidly growing late-stage business across the oncology, neuroscience, internal medicine, and rare disease therapeutic areas. We are grateful for all that the Early Phase organization has accomplished and confident this creates new opportunities for our employees while enhancing our ability to invest in our long-term growth strategy-ensuring we continue delivering exceptional value to customers and patients around the world."

Fortrea and Worldwide intend to enter into a series of agreements to support continuity for customers, employees and ongoing programs. These agreements are intended to maintain project momentum, preserve specialized capabilities and provide a seamless customer experience during and after the transition.

Pursuant to a definitive agreement, Fortrea will acquire the Early Phase Services business from Worldwide in an all-cash transaction valued at approximately $45M. The transaction is expected to close pending approval of necessary regulatory and license requirements, as well as the parties entering into certain services agreements. Once the transaction is complete, Early Phase Services will become part of Fortrea's Clinical Pharmacology Services business unit. Both companies remain committed to providing a seamless transition for employees, customers, and volunteers.

Advisors

Barclays is serving as financial advisor to Fortrea, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. is serving as its legal counsel. BroadOak Partners is serving as Worldwide's financial advisor and Greenberg Traurig, LLP is serving as its legal counsel.

About Fortrea

Fortrea (Nasdaq: FTRE) is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, biotechnology, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients. Fortrea provides phase I-IV clinical trial management, clinical pharmacology and consulting services. Fortrea's solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team working in 100 countries is scaled to deliver focused and agile solutions to clients globally. Learn more about how Fortrea is streamlining drug development at Fortrea.com and follow us on LinkedIn, X and Bluesky.

About Worldwide Clinical Trials

Worldwide Clinical Trials (Worldwide) is a global CRO serving development-driven biopharmaceutical companies, with more than 4,500 full-time professionals operating across more than 70 countries. The company delivers therapeutically dedicated expertise in neuroscience, oncology, rare disease, and internal medicine, with comprehensive support across every development phase-from early-stage and first-in-human studies through Phase III registration trials.

The company's flexible service model-spanning full-service trial management to functional service partnerships through Worldwide Flex-is powered by a people-first, partnership-driven outsourcing approach that strengthens collaboration, enhances data transparency, and supports more informed decision-making. This provides sponsors with tailored, adaptable solutions that keep pace with the evolving demands of clinical research. Learn more at www.worldwide.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about the anticipated benefits of the transaction, including future financial and operating performance, and the anticipated timing for completing the transaction. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as "guidance," "expect," "assume," "anticipate," "intend," "plan," "forecast," "believe," "seek," "see," "will," "would," "target," similar expressions, and variations or negatives of these words that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

Actual results could differ materially from these forward looking statements due to a number of factors, including, but not limited to: satisfaction of the conditions precedent to consummation of the proposed acquisition of Early Phase Services from Worldwide Clinical Trials, including the ability to secure regulatory approvals, and the Company's ability to complete the transaction in a timely manner or at all; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the parties' ability to meet expectations regarding the accounting and tax treatments of the proposed transaction; and other factors described from time to time in documents that the Company files with the SEC.

For a further discussion of the risks relating to the Company's business, see the "Risk Factors" Section of the Company's Registration Statement on Form 10, as filed with the Securities and Exchange Commission (the "SEC"), as such factors may be amended or updated from time to time in the Company's subsequent periodic and other filings with the SEC, which are accessible on the SEC's website at www.sec.gov.

These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included or incorporated by reference in this report and in the Company's filings with the SEC. All forward-looking statements are made only as of the date of this report and the Company does not undertake any obligation, other than as may be required by law, to update or revise any forward-looking statements to reflect future events or developments. 

Copyright 2026 GlobeNewswire, Inc.