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  • GEE Group Announces Results for the Fiscal 2025 Third Quarter and YTD

    GEE Group Announces Results for the Fiscal 2025 Third Quarter and YTD

    JACKSONVILLE, FL / ACCESS Newswire / August 13, 2025 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the “Company,” “GEE Group,” “our” or “we”), a provider of professional staffing services and human resource solutions, today announced consolidated results for the fiscal 2025 third quarter and year to date periods ended June 30, 2025. The Company’s contract and placement services are currently provided under its Professional Staffing Services operating division or segment. The operations and substantially all the assets of the Company’s former Industrial Staffing Services segment were sold during the quarter and are characterized as discontinued operations as of June 30, 2025 and excluded from the results of continuing operations reported below, unless otherwise stated. All amounts presented herein are consolidated or derived from consolidated amounts, and are rounded and represent approximations, accordingly.

    Fiscal 2025 Third Quarter and YTD Continuing Operations Highlights

    • Consolidated revenues for the three and nine-month periods ended June 30, 2025 were $24.5 million and $73.0 million, down 9% and 10%, respectively, over the comparable fiscal 2024 periods. The decrease in consolidated revenues was mainly attributable to ongoing volatile macroeconomic conditions and weakness in the overall labor market. These and other factors, including high interest rates and unsettled trade policy, led to client caution in making capital investments and IT projects being put on hold contributing to a relatively subdued labor market which resulted in elongated hiring cycles. These challenges and, to a lesser extent, certain tasks being replaced by artificial intelligence (“AI”), contributed to fewer job orders and lower demand for GEE Group’s services.

    • Professional contract staffing services revenues for the three and nine-month periods ended June 30, 2025 were $21.3 million and $64.3 million, down 10% and 11%, respectively, compared with the same fiscal 2024 periods. These year-over-year declines were mainly due to a decrease in job orders and demand due to the above-mentioned conditions.

    • Direct hire placement revenues for the three and nine-month periods ended June 30, 2025 were $3.2 million and $8.7 million, near breakeven compared with the same fiscal 2024 periods.

    • Gross profits and gross margins were $8.7 million and 35.4%, and $25.0 million and 34.2%, for the three and nine-months periods ended June 30, 2025, respectively, compared to $9.2 million, and 34.1%, and $27.0 million, and 33.4%, respectively, for the comparable fiscal 2024 periods. The net increases in our gross margins are mainly attributable to the increase in the mix of direct hire placement revenues, which have 100% gross margin, relative to total revenue.

    • Selling, general and administrative expenses (“SG&A”) were lower for the three and nine-month periods ended June 30, 2025 at $9.0 million and $26.7 million, down 8% and 9%, respectively, compared with the same fiscal 2024 periods.

    • Losses from continuing operations for the three and nine-month periods ended June 30, 2025 were $(0.4) million, or $(0.00) per diluted share, and $(34.0) million, or $(0.31) per diluted share, as compared with losses from continuing operations of $(18.1) million, or $(0.17) per diluted share, and $(20.5) million, or $(0.19) per diluted share for the three and nine-month periods ended June 30, 2024. The net losses are primarily attributable to a continuation of the macroeconomic weakness and other factors as addressed above. The U.S. Staffing Industry, as a whole, has experienced declines in overall volume and financial performance. The net loss for the third quarter ended June 30, 2025 was lower relative to the comparable prior year and sequential quarters of fiscal 2025 due, in general, to operating cost reductions and other productivity improvement measures.

    • As a result of our Industrial Segment becoming a discontinued operation, the results of that segment have been reclassified to loss from discontinued operations in the Company’s unaudited condensed consolidated statements of operations. On June 2, 2025, the Company entered into an agreement to sell certain operating assets of our Industrial Segment and recorded a net gain on sale of $133 thousand after related expenses during the three-month period ended June 30, 2025. Loss from discontinued operations, including the net gain recorded upon sale, was $(22) thousand and $(193) thousand for the three and nine-month periods ended June 30, 2025, respectively, compared to losses of $(1.2) million and $(1.3) million, respectively, for the comparable fiscal 2024 periods.

    • Adjusted EBITDA (a non-GAAP financial measure) which improved for the three and nine-month periods ended June 30, 2025, was $(25) thousand and $(918) thousand, respectively, as compared with $(329) thousand and $(1.0) million for the comparable fiscal 2024 periods. Reconciliations of net loss from continuing operations to non-GAAP adjusted EBITDA are attached hereto.

    • Free cash flow (a non-GAAP financial measure), including cash flows from discontinued operations, for the nine months ended June 30, 2025 was negative $(1.9) million as compared with negative $(1.2) million for the comparable fiscal 2024 period. Reconciliations of cash flow from operating activities to non-GAAP free cash flow are attached hereto.

    • As of June 30, 2025, cash balances were $18.6 million, borrowing availability under GEE Group’s bank ABL credit facility was $6.6 million, which remains undrawn, and net working capital was $24.1 million. Our current ratio was 4.2, shareholders’ equity was $50.4 million, and our long-term debt was zero.

    • Net book value per share and net tangible book value per share were $0.46 and $0.23, respectively, as of June 30, 2025.

    • On January 3, 2025, the Company acquired Hornet Staffing, Inc. Hornet provides staffing solutions to markets serving large scale, “blue chip” companies in the information technology, professional and customer service staffing verticals. The Company expects the Hornet acquisition to enhance its ability to compete more effectively and anticipate it helping to secure new business from Fortune 1000 and other large users of contingent and outsourced labor. Hornet’s workforce solutions include significant expertise in working with managed service providers (“MSP”) and vendor management systems (“VMS”) utilizing a highly efficient offshore recruiting team to fill job orders.

    GEE Group Inc. will hold an investor webcast/conference call on Thursday, August 14, 2025 at 11a.m. EDT to review and discuss the fiscal 2025 third quarter and YTD results. The Company’s prepared remarks will be posted on its website www.geegroup.com prior to the call.

    Investor Conference Call/Webcast Information:

    The investor conference call will be webcast, and you should pre-register in advance for the event to view and/or listen via the internet by clicking on the link below to join the conference call/webcast from your laptop, tablet or mobile device. Audio will stream through your selected device, so be sure to have headphones or your volume turned up. Questions can be submitted via email after the prepared remarks are delivered with management responding real time. A full replay of the investor conference call/webcast will be available at the same link shortly after the conclusion of the live event.

    Audience Event Link:

    https://event.webcasts.com/starthere.jsp?ei=1730678&tp_key=e4fb7f9677

    A confirmatory email will be sent to each registrant to acknowledge a successful registration.

    Management Comments

    Derek E. Dewan, Chairman and Chief Executive Officer of GEE Group, commented, “The Company delivered a resilient quarter and continues to adjust its business plan including targeting new revenue generating opportunities, aggressively implementing “AI” tools to maximize efficiency and accelerating the reduction of recurring expenses in a challenging and uncertain macroeconomic environment. The use of contingent labor and volume of full-time hires has lessened in fiscal 2024 and the first half of fiscal 2025, but appears to have stabilized somewhat as businesses are beginning to initiate new projects which presumably will lead to more job orders and full-time and contingent labor placements. We also believe that AI is fast becoming a disruptor in the staffing industry. Therefore, GEE Group has implemented and incorporated “AI” in its strategic plan internally to enhance its recruiting and sales efforts, and to provide its clients with the necessary human resources to implement and support their use of AI to create increased efficiency and profitability.”

    Mr. Dewan added, “Our demand environment for the remainder of 2025 is expected to be somewhat volatile but we anticipate that it will gradually improve and the Company plans to increase its market share irrespective of overall growth in the staffing industry with an aggressive AI assisted sales process, increased use of offshore recruiting to maximize fill rates more efficiently and provide clients with more value added services including human resources (“HR”) consulting, information technology (“IT”) statement of work (“SOW”) project capability, resource process outsourcing (“RPO”) and other higher-end service offerings. We are tightly managing costs and continually evaluating GEE’s expenses and expect to further streamline our business and significantly reduce costs. The Company has a strong balance sheet with a current ratio of 4.2 and substantial liquidity resources, both in cash and borrowing capacity. GEE Group’s dedicated, tenured employees and select new hires continue to provide outstanding customer service and remain committed to growing our business.”

    Additional Information to Consider in Conjunction with the Press Release

    The aforementioned Fiscal 2025 Third Quarter and YTD Highlights and Results should be read in conjunction with all of the financial and other information included in GEE Group’s most recent Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, as well as any applicable recent Current Reports on Forms 8-K and 8-K/A, Registration Statements and Amendments on Forms S-1 and S-3, and Information Statements on Schedules 14A and 14C, filed with the SEC. The discussion of financial results in this press release, and the information presented herein, include the use of non-GAAP financial measures. Schedules are attached hereto which reconcile the related financial items prescribed by accounting principles generally accepted in the United States (“GAAP” or “U.S. GAAP”) to the non-GAAP financial information. These non-GAAP financial measures are not a substitute for the comparable measures prescribed by GAAP as further discussed below in this press release. See “Use of Non-GAAP Financial Measures” and the reconciliations of Non-GAAP Financial Measures used in this press release with the Company’s corresponding financial measures presented in accordance with U.S. GAAP below.

    Financial information provided in this press release also may consist of or refer to estimates, projected or pro forma financial information and certain assumptions that are considered forward looking statements, are predictive in nature and depend on future events, and any such predicted or projected financial or other results may not be realized nor are they guarantees of future performance. See “Forward-Looking Statements Safe Harbor” below which incorporates “Risk Factors” which may possibly have a negative effect on the Company’s business.

    Use of Non-GAAP Financial Measures

    The Company discloses certain non-GAAP financial measures in this press release, including adjusted net loss, EBITDA, adjusted EBITDA, and free cash flow. Management and the Board of Directors use and refer to these non-GAAP financial measures internally as a supplement to financial information presented in accordance with U.S. GAAP. Non-GAAP financial measures are used for purposes of evaluating operating performance, financial planning purposes, establishing operational and budgetary goals, compensation plans, analysis of debt service capacity, capital expenditure planning and determining working capital needs. The Company also believes that these non-GAAP financial measures are considered useful by investors.

    Non-GAAP adjusted net loss is defined as net loss adjusted for non-cash stock compensation expenses, acquisition, integration, restructuring and other non-recurring expenses, capital market-related expenses, and gains or losses on extinguishment of debt or sale of assets. Non-GAAP EBITDA is defined as net loss before interest, taxes, depreciation and amortization. Non-GAAP adjusted EBITDA is defined as EBITDA, adjusted for the same items used to derive non-GAAP adjusted net loss. Non-GAAP free cash flow is defined as cash flows from operating activities, less capital expenditures.

    Non-GAAP adjusted net loss, EBITDA, adjusted EBITDA, and free cash flow are not terms proscribed or defined by GAAP and, as a result, the Company’s measure of them may not be comparable to similarly titled measures used by other companies. Generally, a non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flow that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. The non-GAAP financial measures discussed above should be considered in addition to, and not as substitutes for, nor as being superior to net loss reported in the consolidated statements of income, cash and cash flows reported in the consolidated statements of cash flows, or other measures of financial performance reflected in the Company’s consolidated financial statements prepared in accordance with U.S. GAAP included in Form 10-K and Form 10-Q for their respective periods filed with the SEC, which should be read and referred to in order to obtain a comprehensive and thorough understanding of the Company’s financial results. The reconciliations of net loss to non-GAAP adjusted net loss, net loss to non-GAAP EBITDA and non-GAAP adjusted EBITDA, and cash flows from operating activities to non-GAAP free cash flows referred to in the highlights or elsewhere in this press release are provided in the following schedules that also form a part of this press release.

    Reconciliation of Net Loss from Continuing Operations to
    Non-GAAP EBITDA and Adjusted EBITDA
    Three Month Periods Ended June 30,
    (In thousands)

    2025

    2024

    Net loss from continuing operations

    $

    (401

    )

    $

    (18,105

    )

    Interest expense

    112

    113

    Interest income

    (140

    )

    (179

    )

    Income taxes

    (115

    )

    (2,546

    )

    Depreciation

    49

    63

    Amortization

    225

    720

    Non-cash intangible assets impairment charges

    5,209

    Non-cash goodwill impairment charges

    14,201

    Non-GAAP EBITDA

    (270

    )

    (524

    )

    Non-cash stock compensation

    177

    149

    Severance agreements

    17

    33

    Acquisition, integration & restructuring

    51

    13

    Non-GAAP adjusted EBITDA

    $

    (25

    )

    $

    (329

    )

    Reconciliation of Net Loss from Continuing Operations to
    Non-GAAP EBITDA and Adjusted EBITDA
    Nine Month Periods Ended June 30,
    (In thousands)

    2025

    2024

    Net loss from continuing operations

    $

    (34,041

    )

    $

    (20,541

    )

    Interest expense

    267

    247

    Interest income

    (434

    )

    (548

    )

    Income taxes

    9,671

    (3,461

    )

    Depreciation

    154

    201

    Amortization

    655

    2,159

    Non-cash intangible assets impairment charges

    5,209

    Non-cash goodwill impairment charges

    22,000

    14,201

    Non-GAAP EBITDA

    (1,728

    )

    (2,533

    )

    Non-cash stock compensation

    418

    459

    Severance agreements

    17

    333

    Acquisition, integration & restructuring

    368

    708

    Other losses (gains)

    7

    5

    Non-GAAP adjusted EBITDA

    $

    (918

    )

    $

    (1,028

    )

    Reconciliation of Net Cash provided by (used in) Operating
    Activities to Non-GAAP Free Cash Flow
    Nine Month Periods Ended June 30,
    (In thousands)

    2025

    2024

    Net cash provided by (used in) operating activities

    $

    (1,884

    )

    $

    (1,117

    )

    Acquisition of property and equipment

    (16

    )

    (58

    )

    Non-GAAP free cash flow

    $

    (1,900

    )

    $

    (1,175

    )

     

    GEE GROUP INC.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)
    (Amounts in thousands except per share data)

    Three Months Ended June 30,

    Nine Months Ended June 30,

    2025

    2024

    2025

    2024

    NET REVENUES:
    Contract staffing services

    $

    21,301

    $

    23,761

    $

    64,310

    $

    71,977

    Direct hire placement services

    3,222

    3,287

    8,733

    8,797

    NET REVENUES

    24,523

    27,048

    73,043

    80,774

    Cost of contract services

    15,842

    17,819

    48,076

    53,816

    GROSS PROFIT

    8,681

    9,229

    24,967

    26,958

    Selling, general and administrative expenses

    8,951

    9,753

    26,695

    29,491

    Depreciation expense

    49

    63

    154

    201

    Amortization of intangible assets

    225

    720

    655

    2,159

    Intangible assets impairment charges

    5,209

    5,209

    Goodwill impairment charge

    14,201

    22,000

    14,201

    LOSS FROM OPERATIONS

    (544

    )

    (20,717

    )

    (24,537

    )

    (24,303

    )

    Interest expense

    (112

    )

    (113

    )

    (267

    )

    (247

    )

    Interest income

    140

    179

    434

    548

    LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAX PROVISION

    (516

    )

    (20,651

    )

    (24,370

    )

    (24,002

    )

    Provision for income tax (expense) benefit attributable to continuing operations

    115

    2,546

    (9,671

    )

    3,461

    LOSS FROM CONTINUING OPERATIONS

    (401

    )

    (18,105

    )

    (34,041

    )

    (20,541

    )

    Loss from discontinued operations, net of tax (Note 3)

    (22

    )

    (1,181

    )

    (193

    )

    (1,308

    )

    CONSOLIDATED NET LOSS

    $

    (423

    )

    $

    (19,286

    )

    $

    (34,234

    )

    $

    (21,849

    )

    WEIGHTED AVERAGE SHARES OUTSTANDING – BASIC AND DILUTED

    109,413

    108,772

    109,413

    109,150

    BASIC AND DILUTED LOSS PER SHARE
    From continuing operations

    $

    (0.00

    )

    $

    (0.17

    )

    $

    (0.31

    )

    $

    (0.19

    )

    From discontinued operations

    $

    (0.00

    )

    $

    (0.01

    )

    $

    (0.00

    )

    $

    (0.01

    )

    Consolidated net loss per share

    $

    (0.00

    )

    $

    (0.18

    )

    $

    (0.31

    )

    $

    (0.20

    )

     

    GEE GROUP INC.
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (Amounts in thousands)

    June 30,
    2025

    September 30,
    2024

    ASSETS
    CURRENT ASSETS:
    Cash

    $

    18,622

    $

    20,735

    Accounts receivable, less allowances ($117 and $144, respectively)

    11,752

    12,751

    Prepaid expenses and other current assets

    1,304

    762

    Current assets of discontinued operations

    1,153

    Total current assets

    31,678

    35,401

    Property and equipment, net

    401

    546

    Goodwill

    24,762

    46,008

    Intangible assets, net

    822

    834

    Deferred tax assets, net

    9,495

    Right-of-use assets

    2,759

    3,115

    Other long-term assets

    142

    295

    Noncurrent assets of discontinued operations

    208

    TOTAL ASSETS

    $

    60,564

    $

    95,902

    LIABILITIES AND SHAREHOLDERS’ EQUITY
    CURRENT LIABILITIES:
    Accounts payable

    $

    1,426

    $

    1,960

    Accrued compensation

    3,992

    5,026

    Current operating lease liabilities

    1,050

    1,090

    Current portion of notes payable

    196

    Other current liabilities

    902

    899

    Current liabilities of discontinued operations

    347

    Total current liabilities

    7,566

    9,322

    Deferred taxes, net

    329

    Noncurrent operating lease liabilities

    2,048

    2,254

    Notes payable

    196

    Other long-term liabilities

    30

    82

    Noncurrent liabilities of discontinued operations

    33

    Total liabilities

    10,169

    11,691

    SHAREHOLDERS’ EQUITY
    Common stock, no par value; authorized – 200,000 shares; 114,900 shares issued
    and 109,413 shares outstanding at June 30, 2025 and September 30, 2024

    113,547

    113,129

    Accumulated deficit

    (59,966

    )

    (25,732

    )

    Treasury stock; at cost – 5,487 shares at June 30, 2025 and September 30, 2024

    (3,186

    )

    (3,186

    )

    Total shareholders’ equity

    50,395

    84,211

    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

    $

    60,564

    $

    95,902

     

    About GEE Group

    GEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company provides professional staffing services and solutions in information technology, engineering, finance and accounting specialties through the names of Access Data Consulting, Agile Resources, Omni-One, and Paladin Consulting. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). The Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes. On January 3, 2025, the Company acquired Hornet Staffing, Inc., which is now part of its professional contract services offerings.

    Forward-Looking Statements Safe Harbor

    In addition to historical information, this press release contains statements relating to possible future events and/or the Company’s future results (including results of business operations, certain projections, future financial condition, pro forma financial information, and business trends and prospects) that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (the “Exchange Act”), and the Private Securities Litigation Reform Act of 1995 and are subject to the “safe harbor” created by those sections. The statements made in this press release that are not historical facts are forward-looking statements that are predictive in nature and depend upon or refer to future events. These forward-looking statements include, without limitation, anticipated cash flow generation and expected shareholder benefits. Such forward-looking statements often contain, or are prefaced by, words such as “will”, “may,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “pro forma”, “estimates,” “aims,” “believes,” “hopes,” “potential,” “intends,” “suggests,” “appears,” “seeks,” or variations of such words or similar words and expressions of future tense. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and, consequently, as a result of a number of factors, the Company’s actual results could differ materially from those expressed or implied by such forward-looking statements. The international pandemic, the “Novel Coronavirus” (“COVID-19”), negatively impacted and disrupted the Company’s business operations and had a significant negative impact on the global economy and employment in general, resulting in, among other things, a lack of demand for the Company’s services. This was exacerbated by government and client directed “quarantines”, “remote working”, “shut-downs” and “social distancing”. Some of these outcomes or by-products of the pandemic have persisted in one form or another since and there is no assurance that conditions will ever fully return to their former pre-pandemic status quo. These and certain other factors that might cause the Company’s actual results to differ materially from those in the forward-looking statements include, without limitation: (i) the loss, default or bankruptcy of one or more customers; (ii) changes in general, regional, national or international economic conditions; (iii) an act of war or terrorism, industrial accidents, or cyber security breach that disrupts business; (iv) changes in the law and regulations; (v) the effect of liabilities and other claims asserted against the Company including the failure to repay indebtedness or comply with lender covenants including the lack of liquidity to support business operations and the inability to refinance debt, failure to obtain necessary financing or the inability to access the capital markets and/or obtain alternative sources of capital; (vi) changes in the size and nature of the Company’s competition; (vii) the loss of one or more key executives; (viii) increased credit risk from customers; (ix) the Company’s failure to grow internally or by acquisition or the failure to successfully integrate acquisitions; (x) the Company’s failure to improve operating margins and realize cost efficiencies and economies of scale; (xi) the Company’s failure to attract, hire and retain quality recruiters, account managers and salesmen; (xii) the Company’s failure to recruit qualified candidates to place at customers for contract or full-time hire; (xiii) the adverse impact of geopolitical events, government mandates, natural disasters or health crises, force majeure occurrences, future global pandemics such as COVID-19 or other harmful viral or non-viral rapidly spreading diseases and such other factors as set forth under the heading “Forward-Looking Statements” in the Company’s annual reports on Form 10-K, its quarterly reports on Form 10-Q and in the Company’s other filings with the Securities and Exchange Commission (SEC). More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to publicly update, revise, or alter its forward-looking statements whether as a result of new information, future events or otherwise.

    Contact:

    GEE Group Inc.
    Kim Thorpe
    630.954.0400
    invest@geegroup.com

    SOURCE: GEE Group Inc.

    View the original press release on ACCESS Newswire

  • QC Fuel Reopens in Davenport With New Ownership and New Location on Utica Ridge Road

    QC Fuel Reopens in Davenport With New Ownership and New Location on Utica Ridge Road

    Local favorite returns to the Quad Cities; doors now open at 4650 Utica Ridge Rd.

    DAVENPORT, Iowa — Aug. 11, 2025 — QC Fuel, a locally loved Quad Cities coffee shop, officially reopened this morning under new ownership at 4650 Utica Ridge Rd., Davenport, IA 52807. The comeback follows the brand’s late-2024 closure and anchors a new chapter for QC Fuel on Davenport’s growing east-side corridor, welcoming commuters, students, and neighborhood regulars back to a familiar name with a renewed focus on service and consistency.

    “QC Fuel is back—and we’re here to do more than pour a great cup of coffee,” said Dara Dietrich, owner of QC Fuel. “Reopening in Davenport with a community-first mindset means every guest should feel recognized, every drink should be consistent, and every visit should be easy. Whether you’re headed to work, meeting a friend, or taking a quick break, we want QC Fuel to be your daily stop.”

    The Utica Ridge Road café brings QC Fuel’s streamlined workflow to the morning rush and a comfortable, relaxed atmosphere throughout the day. Guests will find handcrafted coffee and espresso drinks alongside a selection of teas and other café staples, with an emphasis on friendly, efficient service and a welcoming environment for quick visits and casual meetups alike. The brand’s return highlights what local owners can bring to a neighborhood: hospitality that feels personal, an eye for consistency, and a simple promise to be reliable seven days a week.

    “Small businesses thrive when they listen,” Dietrich added. “The message from the Quad Cities has been clear: people miss places that make their day easier. We’re grateful for the support and excited to serve Davenport from our new home on Utica Ridge.”

    QC Fuel’s operating hours are designed around local routines: Monday–Friday 6:00 a.m.–3:00 p.m., Saturday 7:00 a.m.–3:00 p.m., and Sunday 8:00 a.m.–3:00 p.m. Guests can check www.qcfuel.com for updates and follow QC Fuel on Facebook at facebook.com/qcfuel for announcements and behind-the-scenes looks at the shop. As the team expands its digital footprint, information will continue to be centralized on the website to make it easy for customers and the media to find hours, location details, and contact information in one place.

    Today’s opening also underscores the role of local entrepreneurship in neighborhood momentum. Reviving a known brand within the Quad Cities not only restores a daily ritual for coffee drinkers but also signals steady confidence in Davenport’s retail and dining mix. QC Fuel’s emphasis on consistency and hospitality is intended to meet the region’s practical needs—good coffee, friendly service, dependable hours—while creating a space that contributes to everyday community life.

    Fast Facts:

    What: QC Fuel is officially open under new ownership

    When: Reopened Aug. 11, 2025

    Where: 4650 Utica Ridge Rd., Davenport, IA 52807

    Hours: Mon–Fri 6:00 a.m.–3:00 p.m.; Sat 7:00 a.m.–3:00 p.m.; Sun 8:00 a.m.–3:00 p.m.

    Web: www.qcfuel.com

    Facebook: facebook.com/qcfuel

    Phone: (708) 548-5021

    The brand’s return allows QC Fuel to focus on what made it a local favorite in the first place: a straightforward menu of handcrafted coffee and tea, a staff committed to friendly service, and a commitment to consistency that respects customers’ time. While the café builds out additional community partnerships and programming over time, the immediate priority is delivering an experience that guests can count on every day.

    Media inquiries, collaborations, and interview requests can be directed to Dara Dietrich at the contact information below.

    About QC Fuel

    QC Fuel is a locally owned Davenport coffee shop dedicated to friendly service, consistent quality, and community connection. Reopened on Aug. 11, 2025, QC Fuel serves the Quad Cities from its new location at 4650 Utica Ridge Rd., Davenport, IA 52807. Learn more at www.qcfuel.com or call (708) 548-5021.

    Media Contact
    Dara Dietrich, Owner
    QC Fuel
    (708) 548-5021
    qcfuel25@gmail.com
    www.qcfuel.com

  • Arrowhead Clinic in Lithia Springs Explains the Reach of Chiropractic Care Beyond Neck and Back Issues in New Blog Post

    Arrowhead Clinic in Lithia Springs Explains the Reach of Chiropractic Care Beyond Neck and Back Issues in New Blog Post

    Arrowhead Clinic in Lithia Springs is excited to share its latest blog post titled “Beyond Your Neck: A Complete Guide to Comprehensive Chiropractic Care.” This article gives readers a look into the full capabilities of chiropractic treatment, moving beyond just neck and back issues to show how chiropractic care can benefit other areas.

    This blog post is meant for anyone curious about the wide range of services chiropractic treatment can provide. It takes a detailed look at various conditions and injuries that can be successfully managed with chiropractic care. The goal is to inform readers about the benefits and uses of chiropractic treatment for different health concerns.

    Dr. Kristian Rainge-Campbell, a leading chiropractor at the clinic, mentioned, “This blog post aims to break down the misconceptions about chiropractic care being limited to just neck and back issues. Our goal is to highlight the full potential of holistic chiropractic treatments to improve overall health and wellbeing.”

    With this new blog post, Arrowhead Clinic in Lithia Springs aims to reach a broader audience. The clinic hopes to empower people with information that could help them make better health choices. The post also tackles common myths and highlights care aspects that patients might not know. This effort is part of the clinic’s ongoing commitment to patient education and community involvement.

    Testimonials from Lithia Springs Arrowhead Clinic reviews indicate many patients have had positive results through various chiropractic techniques offered at the clinic. This suggests the value of having accessible information to help guide potential patients as they consider chiropractic care for their health issues.

    The blog also talks about the importance of preventive care and regular check-ups, which are key for keeping long-term health benefits. By explaining the advantages of regular chiropractic visits, the post informs readers about how being proactive with their care can help maintain physical health and prevent future problems.

    Dr. Rainge-Campbell stated, “We believe that knowledge is power. Our blog post provides essential insights that help people make informed decisions about their health care options. It’s about expanding their awareness of how chiropractic care can complement traditional treatments.”

    The post starts by introducing readers to the basics of chiropractic care, then dives into areas some might not know about. These include its role in sports medicine, prenatal health, and overall pain management strategies. By showing the full scope of chiropractic care, the post aims to raise awareness of its potential benefits for various health needs and lifestyles.

    Additionally, the blog showcases Arrowhead Clinic’s integrated approach to healthcare, highlighting how chiropractors work with other healthcare providers to offer comprehensive patient care. This team-focused method ensures each patient’s care plan is tailored to their specific needs, helping optimize recovery.

    Those interested can read the blog post “Beyond Your Neck: A Complete Guide to Comprehensive Chiropractic Care” online at https://arrowheadclinic.blogspot.com/2025/07/beyond-your-neck-complete-guide-to.html. This piece is part of Arrowhead Clinic’s continuous efforts to provide valuable information and resources to the community. The clinic is dedicated to promoting a better understanding of chiropractic care and its role in holistic health and well-being. Through blog posts and educational resources, Arrowhead Clinic supports people on their path to better health. Learn more about their comprehensive care options and community services at their website.

  • Waite Vision Highlights Benefits of EVO ICL for Swimmers and Divers Seeking Clear, Stable Vision Without Glasses or Contacts

    Waite Vision Highlights Benefits of EVO ICL for Swimmers and Divers Seeking Clear, Stable Vision Without Glasses or Contacts

    Competitive and recreational swimmers and divers face unique challenges when it comes to vision correction. Glasses are incompatible with aquatic sports, and contact lenses can lead to discomfort, instability, and serious health risks when exposed to water. In a new resource titled “EVO ICL for Swimmers and Divers: What You Need to Know“, Waite Vision provides detailed information about how EVO ICL offers a safe, effective, and long-term solution for athletes who rely on clear, stable vision both above and below the surface.

    EVO ICL, or Implantable Collamer Lens, is a vision correction procedure in which a thin, biocompatible lens is placed inside the eye, between the iris and the natural lens. Unlike LASIK, EVO ICL does not reshape the cornea with a laser, making it an excellent option for patients with myopia or astigmatism, including those with thin or irregular corneas. Because the prescription is built into the lens and the lens is completely internal, patients experience permanent, maintenance-free vision correction that is unaffected by water exposure, pressure changes, or movement. This stability is especially valuable for athletes competing in high-pressure aquatic environments, such as deep dives or competitive swimming events.

    One of the most significant advantages of EVO ICL for swimmers and divers is its safety in water. Contact lenses, which rest on the surface of the eye, can trap bacteria, viruses, or parasites like Acanthamoeba, which are often present in pool water, lakes, and oceans. This can result in painful and potentially vision-threatening infections. EVO ICL eliminates this risk because the lens is placed inside the eye and sealed away from external contaminants. Once the initial healing process is complete—typically within a week—patients can return to swimming, scuba diving, and other water sports without the restrictions or concerns associated with contact lenses.

    Vision stability is another critical factor for athletes in aquatic sports. Contact lenses can shift, cloud, or even wash out under water, disrupting performance and forcing wearers to make constant adjustments. EVO ICL provides consistent, high-quality vision that remains unchanged regardless of water pressure, movement, or lighting conditions. Whether competing in a pool or exploring open water, patients can focus fully on their sport without worrying about their corrective lenses.

    For outdoor athletes, EVO ICL also offers built-in UV protection thanks to the Collamer material used in the lens. Prolonged sun exposure, particularly in reflective environments like water, increases the risk of long-term eye damage. EVO ICL provides consistent and complete UV protection without requiring special contact lenses. Waite Vision still recommends pairing the procedure with high-quality sunglasses that block 100% of UVA and UVB rays to protect the entire eye from sun exposure.

    Recovery from EVO ICL surgery is straightforward, with most patients able to return to aquatic activities after one week, provided the eyes have healed and no complications are present. During the first week, it is essential to keep pool, ocean, lake, or hot tub water out of the eyes to minimize the risk of infection. Dr. Waite evaluates each patient individually and provides specific guidance on when it is safe to resume swimming, diving, or other water sports. Once cleared, patients can participate in these activities without restrictions.

    For athletes who want to eliminate the ongoing expense and maintenance of glasses or contact lenses, EVO ICL offers a reliable solution. Patients no longer need to budget for frequent eye exams, prescription updates, or the constant replacement of corrective lenses. Instead, they enjoy the freedom of clear vision without the physical and practical limitations of traditional eyewear.

    Dr. Aaron Waite, founder of Waite Vision, frequently recommends EVO ICL for athletes engaged in aquatic sports because it offers lasting freedom and confidence. “Our swimmer and diver patients often tell us it’s life-changing,” said Dr. Waite. “They no longer have to deal with the hassle, irritation, or risks that come with contacts or the incompatibility of glasses in the water. EVO ICL gives them clear, stable vision and the freedom to focus entirely on their performance.”

    By providing clear, science-based information on EVO ICL for swimmers and divers, Waite Vision aims to help athletes and active individuals make informed decisions about their vision correction options. Those considering EVO ICL can schedule a consultation to determine whether they are a good candidate and to learn how the procedure can be tailored to meet their specific visual and lifestyle needs.

    For more information about “EVO ICL for Swimmers and Divers: What You Need to Know” or to schedule an interview with Dr. Waite, visit Waite Vision’s website or call the office directly.

  • T.D.E. Wedding: Premier Chinese Wedding Planner Transforming Celebrations in San Francisco

    T.D.E. Wedding: Premier Chinese Wedding Planner Transforming Celebrations in San Francisco

    T.D.E. Wedding has announced its commitment to meeting the growing demand for Chinese wedding planners in the diverse San Francisco Bay Area. As luxury Chinese weddings gain popularity, T.D.E. Wedding stands out, offering authentic and personalized experiences.

    In areas like Millbrae, Palo Alto, Hillsborough, and Redwood City, T.D.E. Wedding is known for blending traditional Chinese customs with modern touches in their wedding celebrations. They hold a strong reputation for quality, providing a wide range of services like floral arrangements, photography, videography, and custom decor. These elements ensure that each wedding aligns with the couple’s unique vision.

    The Chinese wedding planner San Francisco community is changing, focusing more on authenticity and luxury. Today, couples want personalized services that reflect who they are while honoring their cultural roots. T.D.E. Wedding is adapting to this shift with specialized services in planning and coordination, committed to creative execution.

    Otis Fang, the founder of T.D.E. Wedding, shares the company’s mission: “Recognizing the different customs in Chinese weddings is crucial for us. We aim to create not just memorable celebrations, but ones that truly reflect the couple’s cultural background.”

    T.D.E. Wedding’s comprehensive approach covers all aspects — from lighting and music to photo booths — ensuring everything matches the desired theme and personal style. This method resonates with clients in places like Millbrae, Palo Alto, and Menlo Park, where the desire for culturally rich weddings with personal touches is increasingly popular.

    Chinese weddings have always been known for their vibrant colors, detailed designs, and rich traditions. Lately, there’s been a shift towards luxury, with couples choosing top-tier venues, gourmet catering, and a blend of Eastern and Western elements. T.D.E. Wedding excel in creating these special experiences by merging traditional customs like tea ceremonies and dragon dances with modern trends.

    “Providing top-notch services that respect Chinese wedding traditions allows us to exceed expectations,” says Otis Fang. “We keep adapting to new trends, always mindful of the cultural importance of these events.”

    By concentrating on authentic traditions and luxury aesthetics, T.D.E. Wedding is expanding its influence in the Bay Area. They tailor their offerings to not just meet but exceed the desires of sophisticated clients in Hillsborough, Portola Valley, and San Mateo, offering a seamless and elegant full-service experience.

    As T.D.E. Wedding grows its presence in San Carlos and nearby areas, it is dedicated to crafting unique events that reflect each couple’s personal journey. Through their work, T.D.E. Wedding sets the standard for what it means to be a premier Chinese wedding planner in San Francisco. Each event showcases its commitment to creativity, quality, and cultural appreciation.

    T.D.E. Wedding positions itself at the forefront of the luxury Chinese wedding trend in the Bay Area, blending tradition with modern elegance. Their extensive range of services and attention to personalized celebrations highlight their significant role in this thriving market. For more details on their services, one can visit their official website.

  • Electrovaya Reports Q3 Fiscal Year 2025 Results

    Electrovaya Reports Q3 Fiscal Year 2025 Results

    Revenue increased 67% y/y to $17.1M with Positive Adjusted EBITDA1 for Ninth Consecutive Quarter

    Adjusted EBITDA1 increased 387% y/y to $2.9M or 17% of revenue

    Net Profit for the quarter of $0.9M and EPS of $0.02

    Reaffirms Fiscal 2025 Revenue Guidance Exceeding $60M, Driven by Strong Order Pipeline

    TORONTO, ONTARIO / ACCESS Newswire / August 13, 2025 / Electrovaya Inc. (“Electrovaya” or the “Company”) (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the third quarter of the fiscal year ending September 30, 2025 (“Q3 2025”). All dollar amounts are in U.S. dollars unless otherwise noted.

    Financial Highlights:

    • Revenue for Q3 2025 was $17.1 million, compared to $10.3 million in Q3 2024, an increase of 67%. Year to date revenue was $43.3 million compared to $33.0 million in the prior year, an increase of 31%

    • Gross margin was 30.8% in Q3 2025. Battery system margins remained strong at 30.9% for the quarter.

    • Adjusted EBITDA1 was $2.9 million or 17% of revenue with growth of 387% year over year.

    • Net profit for the quarter was $0.9 million, compared to a net loss in the prior year of $0.3 million. Year to date net profit was $1.3 million compared to a net loss of $1.4 million in the prior year.

    • Earnings per share for the quarter was $0.02.

    Key Operational and Strategic Highlights – Q3 2025

    • Continued Growth from OEM Partners and Leading End-Customers: Electrovaya maintained strong momentum with its key OEM partners and end customers in the material handling sector. In Q3, the Company secured more than $21 million in orders, bringing total orders to over $66 million in the nine months ending June 30th 2025. The Company continues to expand its robust sales pipeline, leveraging long-standing relationships with major OEMs and top-tier end customers.

    • Expanded Manufacturing Capacity and Output: To meet growing demand, Electrovaya implemented a second production shift at its Mississauga facility in mid-June and commenced assembly operations in Jamestown, NY in May. These initiatives will increase output for material handling battery systems and support the launch of new products for additional vertical markets

    • Infinity Technology Advancements: The Company continued to enhance its Infinity product line, achieving UL certification for more than 400 battery systems equipped with its latest high-capacity lithium-ion cells. New models feature improved ergonomics and AI-enabled capabilities, further strengthening Electrovaya’s competitive edge.

    • Development of New Products for Emerging Verticals: Electrovaya is leveraging its industry-leading Infinity technology to expand into a broader range of high-growth applications, including:

      • Robots and Autonomous Vehicles: The Company has introduced multiple battery system products for new robotic vehicle platforms across three distinct OEM customers. Applications range from material handling to surveillance systems. This initiative is part of a major product development program aimed at capturing share in the rapidly growing robotics market.

      • Airport Ground Equipment: Recently, Electrovaya launched products targeting the airport ground support segment and plans to showcase these solutions at the upcoming GSE Expo in Las Vegas this September.

      • Class 8 Trucks: As one of the largest potential markets for electrification, this segment represents a significant growth opportunity. Electrovaya has entered into a partnership with Janus Electric Holdings Limited, an Australian pioneer in heavy-vehicle electrification. The Company is developing custom high-voltage battery systems for a unique battery-swapping application in both U.S. and Australian markets.

      • Construction and Mining Equipment: Through its partnership with Sumitomo Corporation Power and Mobility, Electrovaya is pursuing opportunities with multiple Japan-based OEMs in these sectors.

      • Defense Applications: The Company continues to expand its collaboration with a global defense contractor on various electrification projects. With its superior safety and cycle life advantages, combined with upcoming U.S.-based lithium-ion battery manufacturing, Electrovaya is positioned to target the defense sector on a larger scale in the near term.

    • Jamestown Cell Manufacturing Update: The Company remains on track for start of cell manufacturing in mid calendar year 2026. Output from the Jamestown facility will remain eligible for 45X under the OBBB Act (2025).

    Management Commentary:

    “Our Q3 FY2025 results reflect the strong momentum we’ve built, with continued growth in both revenue and profitability, while advancing our industry-leading Infinity technology into a broader range of applications,” said Dr. Raj DasGupta, Electrovaya’s CEO. “The market is increasingly recognizing the exceptional advantages of our innovations. Electrovaya’s unique lithium-ion technology delivers the ideal solution for the most demanding equipment in the world. With the rise of AI and rapid expansion across sectors like e-commerce and robotics, we are well-positioned to provide superior battery solutions that power these high-growth industries.”

    “FY Q3 2025 quarter was our ninth consecutive quarter of positive adjusted EBITDA1 and also our second consecutive quarterly net profit. Margins remained robust at above 30%, a trend that we expect to continue and strengthen over time.,” stated John Gibson, Electrovaya’s CFO. “Our second shift at our Mississauga operations, combined with the start up of assembly operations in Jamestown will continue to support increased manufacturing output as we complete our fiscal year and prepare for FY2026. We are confident in our ability to exceed $60 million in revenue for FY 2025 while advancing profitability and scaling operations.”

    Positive Financial Outlook & Fiscal 2025 Guidance:

    The Company anticipates strong growth into FY 2025 with estimated revenues to exceed $60 million driven by renewed demand from the Company’s largest end users of material handling batteries. This guidance considers its existing purchase orders, along with anticipated orders in its pipeline from key end users and customers. This guidance also takes into consideration a percentage of anticipated revenue that may be deferred to FY 2026 (please see Forward Looking Statements for further clarification).

    Selected Financial Information for the quarters ended June 30, 2025 and 2024:

    Results of Operations

    (Expressed in thousands of U.S. dollars)

    Adjusted EBITDA1

    (Expressed in thousands of U.S. dollars)

    1 Non-IFRS Measure: Adjusted EBITDA is defined as income/(loss) from operations, plus stock-based compensation costs and depreciation and amortization costs. Adjusted EBITDA does not have a standardized meaning under IFRS. Therefore it is unlikely to be comparable to similar measures presented by other issuers. Management believes that certain investors and analysts use adjusted EBITDA to measure the performance of the business and is an accepted measure of financial performance in our industry. It is not a measure of financial performance under IFRS, and may not be defined and calculated in the same manner by other companies and should not be considered in isolation or as an alternative to IFRS measures. The most directly comparable measure to Adjusted EBITDA calculated in accordance with IFRS is income (loss) from operations.

    Summary Financial Position

    (Expressed in thousands of U.S. dollars)

    The Company’s complete Financial Statements and Management Discussion and Analysis for the quarter and nine months ended June 30, 2025 are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov, as well as on the Company’s website at www.electrovaya.com.

    Conference Call details:

    To help ensure that the conference begins in a timely manner, please dial in 10 minutes prior to the start of the call.

    For those unable to participate in the conference call, a replay will be available for two weeks beginning on August 13, 2025 through August 27, 2025. To access the replay, the dial-in number is 877-481-4010 and 919-882-2331. The replay passcode is 52770.

    Investor and Media Contact:

    Jason Roy
    VP, Corporate Development and Investor Relations
    Electrovaya Inc.
    jroy@electrovaya.com / 905-855-4618

    About Electrovaya Inc.

    Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA) is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries without compromising energy and power. The Company has extensive IP and designs, develops and manufactures proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. Electrovaya has two operating sites in Canada and a 52-acre site with a 135,000 square foot manufacturing facility in Jamestown New York state for its planned gigafactory. To learn more about how Electrovaya is powering mobility and energy storage, please explore www.electrovaya.com.

    Forward-Looking Statements

    This press release contains forward-looking statements, including statements that relate to, among other things, revenue growth and revenue guidance of approximately $60 million in FY 2025, other financial projections, including projected sales, cost of sales, gross margin, working capital, cash flow, and overheads anticipated in FY 2025, the expected timing of deliveries of pre-production battery modules in Japan, anticipated cash needs and the Company’s requirements for additional financing, purchase orders, mass production schedules, funding from EXIM and the ability to satisfy the conditions to drawing on any facility entered into with EXIM,, use of proceeds of the EXIM facility,, ability to deliver to customer requirements. Forward-looking statements can generally, but not always, be identified by the use of words such as “may”, “will”, “could”, “should”, “would”, “likely”, “possible”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “plan”, “objective” and “continue” (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors and assumptions are applied in making forward looking statements, and actual results may differ materially from those expressed or implied in such statements. In making the forward-looking statements included in this news release, the Company has made various material assumptions, including but not limited to assumptions with respect to the Company’s customers deploying its products in accordance with communicated intentions, the Company’s customers completing new distribution centres in accordance with communicated expectations, intentions and plans, anticipated new orders in FY 2025 based on customers’ historical patterns and additional demand communicated to the Company and its partners, but not yet provided as a purchase order together with the Company’s current firm purchase order backlog totaling approximately $80 million, a discount of approximately 25% used in the revenue modeling applied to the overall expected order pipeline to account for potential delays in customer orders, expected decreases in input and material costs combined with stable selling prices in FY 2025, delivery of ordered products on a basis consistent with past deliveries, and that the Company’s customer counterparties will meet their production and demand growth targets, ]the Company’s ability to successfully execute its plans and intentions, including with respect to the entry into new business segments and servicing existing customers, the availability to obtain financing on reasonable commercial terms, including any EXIM facility. Factors that could cause actual results to differ materially from expectations include but are not limited to customers not placing orders roughly in accordance with historical ordering patterns and communicated intentions, macroeconomic effects on the Company and its business, and on the lithium battery industry generally, not being able to obtain financing on reasonable commercial terms or at all, including not being able to satisfy any condition of drawdowns under any EXIM facility if entered into, that the Company’s products will not perform as expected, supply and demand fundamentals for lithium-ion batteries, the risk of interest rate increases, persistent inflation in the United States and Canada and other macroeconomic challenges, the political, economic, and regulatory and business stability of, or otherwise affecting, the jurisdictions in which the Company operates, including new tariff regimes. There have been indications from the United States government of potential tariffs on Canada, Mexico and other countries, which if enacted would have a material impact on the Company. Additional information about material factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking statements may be found in the Company’s Annual Information Form for the year ended September 30, 2024 under “Risk Factors”, and in the Company’s most recent annual and interim Management’s Discussion and Analysis under “Qualitative And Quantitative Disclosures about Risk and Uncertainties” as well as in other public disclosure documents filed with Canadian securities regulatory authorities and filed or furnished with the SEC. The Company does not undertake any obligation to update publicly or to revise any of the forward looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law.

    Revenue guidance for FY2025 described herein constitutes future‐oriented financial information and financial outlooks (collectively, “FOFI“), and generally, is, without limitation, based on the assumptions and subject to the risks set out above under “Forward‐Looking Statements”. Although management believes such assumptions to be reasonable, a number of such assumptions are beyond the Company’s control and there can be no assurance that the assumptions made in preparing the FOFI will prove accurate. FOFI is provided for the purpose of providing information about management’s current expectations and plans relating to the Company’s future performance, and may not be appropriate for other purposes.

    The FOFI does not purport to present the Company’s financial condition in accordance with IFRS, and it is expected that there may be differences between audited results and preliminary results, and the differences may be material. The inclusion of the FOFI in this news release disclosure should not be regarded as an indication that the Company considers the FOFI to be a reliable prediction of future events, and the FOFI should not be relied upon as such.

    SOURCE: Electrovaya, Inc.

    View the original press release on ACCESS Newswire

  • Buzzi Unicem USA Partners With UptimeAI to Launch AI-Powered Process Control & Reliability Program

    Buzzi Unicem USA Partners With UptimeAI to Launch AI-Powered Process Control & Reliability Program

    BETHLEHEM, PA / ACCESS Newswire / August 13, 2025 / Buzzi Unicem USA, a prominent U.S. cement manufacturer and subsidiary of Buzzi S.p.A is partnering with UptimeAI, a leading provider of AI-powered operational excellence solutions, to deploy an artificial intelligence-based program aimed at transforming asset reliability and operational performance at its Festus, MO plant.

    The collaboration began with a pilot deployment of AI Expert, UptimeAI’s flagship platform, to gain deeper insights into operational parameters and their correlation, asset performance, prediction of equipment failures and reduction of maintenance costs. Powered by advanced AI and machine learning algorithms trained on more than 1,000 failure modes, AI Expert is expected to enable predictive diagnostics and informed decision-making. Its two primary core modules, “AI Expert: Generative AI” and “AI Expert: Reliability and Process,” aim to streamline operational parameters, root cause analysis, support continuous improvement and enhance knowledge management across plant operations.

    The platform emulates the reasoning of experienced engineers by combining historical data, real-time operating conditions, and institutional knowledge to detect issues early to recommend targeted corrective actions.

    “Unlike generic deviation detectors, our platform acts as a virtual process and reliability engineer,” Jagadish Gattu, founder and chief executive officer of UptimeAI, said. “AI Expert is purpose-built for complex industrial operations like we see at Buzzi Unicem USA to learn from plant-specific data with a comprehensive view approach mimicking the reasoning of seasoned engineers, to bridge the gap between human expertise and scalable AI.”

    “Partnering with UptimeAI reflects our commitment to continuously improving reliability and performance,” Antonio Buzzi, president and chief executive officer of Buzzi Unicem USA, said. “This initiative supports our core value of continuous evolution. We pursue excellence, embrace innovation and face change with courage to achieve lasting, sustainable results. We expect UptimeAI’s platform to provide deep operational insight, to equip our teams with smart decisions and, most importantly, to support and share critical plant operational knowledge across our organization.”

    This partnership reflects the companies’ shared commitment to driving innovation and advancing sustainable operations. As the cement industry faces increasing pressure to reduce unplanned downtime and lower its carbon footprint, AI-powered solutions are rapidly emerging as a strategic lever for competitiveness and long-term resilience.

    About Buzzi Unicem USA

    Buzzi Unicem USA Inc., part of the global Buzzi Unicem Group, is a leading cement manufacturer headquartered in Bethlehem, Pa. The company operates eight full-cycle cement plants and 36 cement terminals across the U.S., delivering high-quality materials and advancing innovation in construction. Learn more at: www.buzziunicemusa.com

    About UptimeAI

    UptimeAI is a San Francisco-based provider of AI-based operational excellence solutions for heavy industries. Its proprietary “AI Expert” platform enables organizations to improve asset reliability, efficiency, and sustainability by replicating the knowledge of top engineers at scale. UptimeAI is trusted by Global industry leaders in cement, power, oil and gas, and chemicals.
    More at: www.uptimeai.com | Contact: info@uptimeai.com

    Contact Information:

    Marina Oliveira
    Vice President of Marketing
    marina.oliveira@uptimeai.com

    Jenna L. Eckel
    Communications Manager, Buzzi Unicem USA
    jenna.eckel@buzziunicemusa.com

    .

    SOURCE: Uptime AI Inc.

    View the original press release on ACCESS Newswire

  • Pershing Resources Names Pamela Laudenslager to its Advisory Board

    Pershing Resources Names Pamela Laudenslager to its Advisory Board

    RENO, NV / ACCESS Newswire / August 13, 2025 / Pershing Resources Company, Inc., (OTC PINK:PSGR) is pleased to announce that Pamela Laudenslager, (Pam), has joined the Company’s Advisory Board, effective immediately. In her role as a member of the Advisory Board, Ms. Laudenslager will be advising the Company regarding marketing, financing and, social media presence.

    Ms. Laudenslager is the Managing Partner of Hemisphere Two Group LLC, a New York-based consulting/advisory group focusing on business planning and strategy as well as project funding while cultivating strategic partnerships. She is also a partner in Future Food Frontiers Pty., an innovative Australian aggrotech business that is currently being rolled out globally.

    Ms. Laudenslager’s is an experienced marketing executive who’s career has spanned senior executive positions in marketing, sales and communications for several Fortune 500 companies involved in Broadway, entertainment, publishing, media, and cosmetics. Pam began her career after graduating college by serving on the White House Advance Team under President Gerald Ford. Upon completion of government service in the Ford administration, she became a Director for Avon Products in NYC. After distinguishing herself at Avon, she was tapped to become Senior Vice President with Estee Lauder. Pam has also held a position as the publisher for “The American Benefactor,” a magazine dedicated to philanthropy. As an entrepreneur, Pam co-founded Three Roads Media Partners, LLC, and was CEO of Center Stage Capital, Inc., a Broadway production company, which garnered her two Tony Awards.

    Pam is deeply committed to philanthropic and civic leadership. She serves as President of her New York City co‑op, on the Board of Directors of Land of Friends Care Group and serves on the Board of Directors of the Neurology Trauma Research Foundation. Her philanthropic and leadership roles include board and trustee positions at BideaWee, Animal Rescue, NYC, Green Mountain College, New York Blood Center, and Sheltering Arms Children’s Services (NY). She holds an Associate of Arts degree from Green Mountain College and a Bachelor of Arts from Cedar Crest College.

    Joel Adams, Chief Operating Officer of Pershing Resources, stated, “We are very pleased to welcome Pam to our team. Her experience and judgment as an entrepreneur, in fundraising, as well as, marketing and corporate development of early-stage companies will be invaluable as we move forward.”

    Additional information on Ms. Laudenslager’s career is available on the Company’s website at: https://www.pershingpm.com/about/advisory-board.

    To receive information on Pershing Resources, sign up for email news alerts at: http://ir.pershingpm.com/.

    Forward-Looking Statements

    The information contained in this press release, as well as the information on the Company’s website, is provided solely for the reader’s general knowledge. Such information is not intended to be a comprehensive review of all matters pertaining to the Company. Certain statements included herein, and, on the Company’s, website, constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management’s current knowledge, assumptions, judgment, and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, these forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the Company’s management. When used in this press release and on the Company’s website, words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “hope,” “intend,” “may,” “might,” “plan,” “possibility,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, and/or achievements of the Company or of the mining industry, in general, to be materially different from future results, performance and/or achievements expressed or implied by those forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include uncertainties related to fluctuations in gold, silver, copper and other precious and base metals commodity prices; uncertainties relating to interpretation of drill results and the geology of the Company’s properties; uncertainty of estimates of capital and operating costs; the need for cooperation of government agencies in the development of the Company’s mineral projects; the need to obtain additional financing to develop the Company’s mineral projects, the possibility of delay in development programs or in construction projects; uncertainty of meeting anticipated program milestones for the Company’s mineral projects; the risks associated with the pandemic caused by the novel coronavirus known as COVID-19 and its variants; the risks associated with the continuing conflict between the Ukraine and Russia; and other risks and uncertainties affecting the Company’s business operations and financial condition.

    All forward-looking statements are expressly qualified in their entirety by this cautionary notice. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. The Company has no obligation, and expressly disclaims any obligation, to update, revise or correct any of the forward-looking statements, whether because of new information or future events.

    CONTACT:

    Pershing Resources Company, Inc.
    200 South Virginia Street, 8th Floor
    Reno, NV 89501
    Phone: 775-398-3124
    Email: info.psgr@pershingpm.com

    SOURCE: Pershing Resources Company, Inc.

    View the original press release on ACCESS Newswire

  • Governor Reeves Tours General Atomics Electromagnetic Systems Manufacturing Center in Tupelo

    Governor Reeves Tours General Atomics Electromagnetic Systems Manufacturing Center in Tupelo

    Visit Highlights Mississippi’s Role in Defense Innovation and Economic Growth

    TUPELO, MS / ACCESS Newswire / August 13, 2025 / General Atomics Electromagnetic Systems (GA-EMS) welcomed Mississippi Gov. Tate Reeves to its Manufacturing Center of Excellence in Tupelo, Miss on Tuesday, August 12, where he toured the facility and met with company leaders to discuss Mississippi’s expanding role in national defense and advanced manufacturing.

    Reeves emphasized the importance of high-tech job creation and public-private partnerships in driving economic growth. GA-EMS briefed him on its manufacturing capabilities and weapons systems that complement the Golden Dome for America initiative including hypersonics, directed energy, space-based missile tracking and warning payloads and Bullseye™, the company’s long range precision-guided missile that will be produced in Mississippi. The Governor was also briefed on GA-EMS’ investments and initiatives to support the expansion of the maritime and submarine industrial bases and its nuclear power solutions for future Mississippi data centers.

    “General Atomics is helping build the future of American defense right here in Mississippi,” Reeves said. “Their work reflects the strength of our workforce and the success of our pro-growth policies. Mississippi is breaking economic development records and bringing in billions in new private sector investment – and it’s thanks to great companies like General Atomics.”

    GA-EMS operates more than 750,000 square feet of manufacturing space in Tupelo and maintains additional facilities in Iuka, Miss., with strategic access to world ports via the Tennessee-Tombigbee Waterway to support future shipbuilding and logistics expansion.

    “This facility represents our long-term commitment to building resilient, world-class manufacturing capability in Mississippi,” said Scott Forney, president of GA-EMS. “We’re investing in infrastructure and workforce development to deliver advanced technologies at scale for critical national defense priorities and to facilitate military readiness.”

    About General Atomics Electromagnetic Systems

    General Atomics Electromagnetic Systems (GA-EMS) develops innovative technologies to create breakthrough solutions supporting operational environments from undersea to space. From electromagnetic, power generation and energy storage systems and space systems and satellites, to hypersonic, missile defense, and laser weapon systems, GA-EMS offers an expanding portfolio of capabilities for defense, government, and national security customers. GA-EMS also provides commercial products and services targeting hazardous waste remediation, oil and gas, and nuclear energy industries.

    For further information, visit www.ga.com/ems

    Media Contact

    EMS-MediaRelations@ga.com

    Contact Information

    General Atomics Electromagnetic Systems Media Relations
    Media Relations
    ems-mediarelations@ga.com
    858-253-3111

    .

    SOURCE: General Atomics Electromagnetic Systems

    View the original press release on ACCESS Newswire

  • FriskaAi and Dexcom Enter CGM Data Integration Agreement

    FriskaAi and Dexcom Enter CGM Data Integration Agreement

    ARLINGTON, VA / ACCESS Newswire / August 13, 2025 / FriskaAi announced today an agreement with DexCom, Inc., the global leader in glucose biosensing, to integrate data from Dexcom G7 and Dexcom G6 Continuous Glucose Monitoring (CGM) Systems into the FriskaAi platform. Under the agreement, data from Dexcom CGMs will be integrated with Friska Ai, the company’s groundbreaking AI-powered healthcare platform supporting physicians and patients with actionable personalized care management programs.

    FriskaAi is a physician-directed health and wellness platform that supports the management of diabetes and other chronic diseases by helping providers take an evidence-based approach to preventive care. The EHR-agnostic FriskaAi platform leverages advanced AI and mobile technology to generate personalized health insights and recommendations, empowering patients to take control of their health journey in partnership with their clinical team.

    “Impacting more than 38 million Americans, diabetes has emerged as a major public health problem, and its effective management has become a foundational element of preventive medicine,” says Shaji Nair, CEO of FriskaAi. “Dexcom’s pioneering CGMs are vital tools not only for diabetes management but also for informing broader care decisions. FriskaAi is excited about the potential this integration with Dexcom presents to the physicians relying on our platform for chronic disease management and the patients seeking greater control over their health and wellness.”

    Dexcom CGMs use a small, wearable sensor to continuously measure and send glucose levels wirelessly to a smart device or receiver in real-time, without the need for fingerpricks. Dexcom CGMs also offer a suite of customizable alerts that can warn of high or low glucose levels and send predictive alerts to help users spend more time in range.

    The FriskaAi mobile app securely integrates with Dexcom CGMs and other smart devices, as well as health apps, for analysis by the powerful HIPAA-compliant FriskaAi platform. That data, along with other clinical data and studies, is continuously monitored by sophisticated AI-powered algorithms that alert the patient when action is recommended and generate actionable reports for use by the clinician at the point of care to inform care decisions.

    Aggregated health data is also analyzed within the FriskaAI platform to help physicians identify trends and risks within their patient populations, enabling more proactive and preventive care strategies.

    About FriskaAi

    FriskaAi is a powerful AI-enabled EHR-agnostic platform that helps physicians and other providers take an evidence-based approach to preventive care. The physician-initiated platform leverages advanced AI- and mobile technology to provide patients with personalized health insights and recommendations, empowering them to take control of their health journey in partnership with their clinical team. This aggregated health data, including information from patients’ glucometers, other smart devices, and health apps, is continuously analyzed by advanced evidence-based algorithms that alert the patient when action is needed and provide clinicians with actionable reports to inform care decisions. FriskaAi also supports population health strategies by analyzing aggregated health data to identify trends and risks within a defined patient population. For more information, visit www.friska.ai.

    Media Contact:
    Michele Nachum
    NPC Creative Services
    michele@npccs.com

    SOURCE: FriskaAi

    View the original press release on ACCESS Newswire