Year: 2023

AB “Ignitis grupė” (hereinafter – the Group) informs that on 17 October 2023 the Management Board of the Group approved the intention to prolong a credit facility agreement of EUR 100 million (hereinafter – the Agreement) with Citibank N.A. London Branch and to conclude a new credit facility agreement of EUR 50 million (hereinafter – the New agreement) with Citibank Europe plc. The credit facilities will be used to manage working capital needs and to maintain adequately liquidity of the Group. After signing this New agreement the total amount of credit lines concluded by the Group with banks will amount to EUR 774 million. The Agreement is extended for 18 months period. The limit under the New agreement is uncommitted and has no maturity date. The New agreement does not include additional measures for ensuring the fulfilment of obligations. The...

AB “Ignitis grupė” (hereinafter – the Group) informs that on 17 October 2023 the Management Board of the Group approved the intention to prolong a credit facility agreement of EUR 100 million (hereinafter – the Agreement) with Citibank N.A. London Branch and to conclude a new credit facility agreement of EUR 50 million (hereinafter – the New agreement) with Citibank Europe plc. The credit facilities will be used to manage working capital needs and to maintain adequately liquidity of the Group. After signing this New agreement the total amount of credit lines concluded by the Group with banks will amount to EUR 774 million. The Agreement is extended for 18 months period. The limit under the New agreement is uncommitted and has no maturity date. The New agreement does not include additional measures for ensuring the fulfilment of obligations. The...

Qumran3D Accelerates Transition to Merchant Silicon Routers by Significantly Reducing Carrier and Cloud Operator TCO with Unprecedented Scale SAN JOSE, Calif., Oct. 17, 2023 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO), today announced the immediate availability of Qumran3D, the next generation of the StrataDNX family of single chip routers. Qumran3D raises the bar for carrier and cloud operator solutions by delivering high-performance, low-power, and security-rich networking. A leading-edge single chip, Qumran3D offers 25.6 Terabits per second of routing in a fixed form factor, with Ethernet port rates from 100 Gb/s to 800 Gb/s. A routing solution based on a single Qumran3D will save up to 66% more energy and up to 80% more rack space compared to previous generations. “Qumran3D will accelerate the transition to merchant silicon...

Press Release Nokia and ZCorum partner to enable easy deployment of Nokia’s PON solutions for small and medium sized operatorsNokia and Channel Partner ZCorum accelerate cable operator access network deployments of GPON, XGS-PON, and 25G PON ZCorum’s fully hosted, cloud-based operations support system (OSS) helps operators increase operational efficiency and subscriber satisfaction while reducing operational costs.17 October, 2023 Espoo, Finland – Nokia today announced that it has partnered with ZCorum, a leading provider of managed broadband services and software. The partnership empowers small and medium-sized cable operators to easily deploy Nokia’s industry-leading PON solutions in their access networks. This allows them to quickly address growing bandwidth demands, introduce new services, and respond to competitive pressures....

Vicor’s Powering Innovation podcast examines how a global leader in ocean wave energy systems is powering offshore applications using power modulesC-PowerC-Power, a global leader in ocean wave energy systems, harnesses and stores wave power supporting the fast-growing New Blue Economy. C-Power’s solutions meet the global demand to decarbonize energy production by converting ocean waves into usable forms of energy, while also enabling data transmission to and from the cloud.ANDOVER, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) — Vicor Corporation, the leader in high‑performance power modules, speaks with C-Power, a global leader in ocean wave energy systems, about how they harness and store wave power. An idea that began as a graduate project at Oregon State University has matured into a ground-breaking renewable energy power...

BROOMFIELD, Colo., Oct. 17, 2023 (GLOBE NEWSWIRE) — Noodles & Company (NASDAQ: NDLS) today announced that it will host a conference call to discuss its third quarter 2023 financial results on Tuesday, November 7, 2023 at 4:30 p.m. ET. Dave Boennighausen, Chief Executive Officer, and Mike Hynes, Chief Financial Officer, will host the call. A press release with third quarter 2023 financial results will be issued after the market close that same day. To access the conference call live, please click on the registration link here to receive your personal dial-in and passcode. While not required, it is recommended that you join 10 minutes prior to the event start time. The conference call will also be webcast live from the Company’s corporate website at investor.noodles.com under the “Events & Presentations” page. An archive...

More than 15 new advancements strengthen the platform creating a scalable, intuitive and technology-agnostic solution. Advancements future-proof the Coveo Composable AI Search and Generative Experience platform, ensuring its relevance and efficacy for enterprises. MONTREAL and SAN FRANCISCO, Oct. 17, 2023 (GLOBE NEWSWIRE) — Coveo  (“Coveo” or the “Corporation”) (TSX: CVO) a market-leading platform that enables individualized, connected, and trusted digital experiences at scale with Semantic search, AI recommendations, and GenAI answering, today announced more than 15 new enhancements to the Coveo platform™. These innovative enhancements strengthen the Coveo composable AI Search and Generative experience platform to improve digital experiences across commerce, service, website and workplace to deliver superior business outcomes...

The company’s Network-as-a-Service (NaaS) offering was recognized as the best in North America, and Eric Cevis, President of Verizon Partner Solutions, was named Industry Executive of the Year NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) — Verizon Business announced today that it received numerous awards at the 2023 MEF Excellence Awards, recognizing the firms and individuals who have propelled the automated services ecosystem forward. MEF is the global industry association of network, cloud, security, and technology providers working to drive enterprise digital transformation. Winners were named in a Dallas ceremony as part of MEF’s Global Network as a Service Event (GNE). Verizon Business was recognized with the following distinctions:Eric Cevis, President, Verizon Partner Solutions, Verizon Business Group was named Industry Executive...

Accolade increases product success, optimizes strategic investments and improves time-to-market PITTSBURGH, Oct. 17, 2023 (GLOBE NEWSWIRE) — Sopheon, the InnovationOps software company, announced that Technetics Group has deployed Accolade to create a digitized and standardized process for supporting technical projects and opportunities. Accolade empowers innovation and product leaders to govern and manage investments consistent with strategic priorities. Formal innovation management practices boost profitability by accelerating the process of getting products to market. With labs, manufacturing locations and employees spread around the globe, Technetics Group reached a point at which managing innovation and commercialization activities through Excel sheets, workbooks and presentations was unproductive and hindering innovation...