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Garrett Brands Chooses ToolsGroup to Drive Digital Supply Chain Transformation

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Garrett Brands LLC, LLC, dba Garrett Popcorn Shops and Frango Chocolate, to support its increasing growth while achieving its high standards for product freshness and customer satisfaction. Garrett Popcorn has been a Chicago staple for over 70 years, and now has retail shops in 8 countries. Frango Chocolate was established over 100 years ago. Garrett Brands maintains a portfolio of perishable items affected by seasonal demand, all while maintaining a customer experience that is synonymous with the quality of Garrett Popcorn and Frango. To streamline operations and increase efficiency, Garrett Brands initiated a search for the right supply chain planning tools to further its digitalization efforts and fuel continued growth. Garrett Brands selected ToolsGroup Service Optimizer 99+ (SO99+), a suite of planning functions encompassing Demand Forecasting & Planning, Inventory Optimization, and Replenishment. These solutions tailor inventory to demand by accounting for market uncertainty, thanks to a powerful, built-in probabilistic forecast. ToolsGroup has over 60 food and beverage customers, giving the machine learning engine behind this forecast ample opportunity to learn and adapt to the industry’s unique challenges. By leveraging ToolsGroup’s native AI and automation, Garrett Brands can navigate the complexity of multiple channels and perishability amid network expansion. “Due to the perishable nature of its products, the food industry is up against the clock when it comes to fulfilling demand and particularly sensitive to volatility,” said ToolsGroup CEO, Inna Kuznetsova. “As the pioneers in using the probabilistic method and AI in supply chain, ToolsGroup has empowered many food industry leaders and trained our AI models to strategically and decisively neutralize the ramifications of supply and demand volatility. We’re excited to partner with Garrett Brands, helping them grow their business, combat food waste, and continue their long tradition of delighting customers.” ToolsGroup helps food producers achieve impressive business outcomes through intelligent probabilistic forecasting and inventory management. Learn more HERE. About Garrett Brands LLC GARRETT BRANDS LLC is the proud company behind the iconic Garrett Popcorn Shops and Frango Chocolate. While these brands are now recognized throughout the world, our hometown and our hearts are here in Chicago. We are grateful to be a part of special celebrations across generations, from holidays and weddings to quiet moments at home. For Garrett Brands press inquiries, please contact: Michelle Molise, 313-549-3137 About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 10, 2023 10:30 AM Eastern Daylight Time

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Back-to-School with Olympian Natalie Coughlin and Athleta G!RL

YourUpdateTV

The back-to-school season is officially underway, and parents everywhere are scrambling to get their kids – and themselves! - ready for the new school year. For Natalie Coughlin, 12x Olympic Medalist and Mom of Two, this back-to-school season is all about confidence, comfort and self-care, and Athleta is the perfect resource for parents to help set their kids up for success. Recently, Natalie participated in a nationwide satellite media tour to discuss the back-to-school season and some tips to help empower young girls. A video accompanying this announcement is available at: https://youtu.be/byW412Bjg2I Diminishing confidence is one of the greatest issue’s girls face in the defining years from 6-12, so it’s important that we do everything we can to set them up for success. While back-to-school shopping, think about how clothing options can give young girls room to express their style and represent their favorite hobbies and personal interests. Athleta's G!RL line is perfect for girls who want to express themselves while being comfortable and active. We can help empower girls to be their most confident selves, knowing their clothing supports self-expression and helps to quell anxiety. Special features in Athleta’s back-to-school assortment are intentionally designed to fuel girls’ confidence through apparel design details, like confidence charms and hidden affirmations in the lining of shirts and backpacks and tactile details to fiddle with when she’s feeling anxious. Athleta’s uniform-ready items - like the School Days Skort, School Days Dress, School Days Polo and Limitless Backpack and Lunchbox - are durable, quality pieces built with performance-quality fabrics to withstand her active school year and all those after school activities, whether it’s on the sports field or in the art room. For more information, visit AthletaGirl.com About Natalie Coughlin Natalie Coughlin burst onto the international swim scene at the 2001 World Championships, winning a gold medal in the 100 backstroke and a bronze in the 50 backstroke. In 2002 at the Pan-Pacifics, she was more dominant, winning six medals, four gold, with three individual championships in the 100 free, 100 fly, and 100 back. Coughlin was the top female swimmer at the 2004 Olympic Games, winning five medals, including two gold. Individually, she won the 100 metre backstroke and finished third in the 100 freestyle. She won her second gold medal in the 800 metre freestyle relay and added two silvers as a member of the United States’ teams in the other relays. In three Olympics, she competed in 12 events and won 12 medals, three gold. But her victories didn’t stop there—she has since launched a wine label, advocated on behalf of several non-profit organizations, and become a mother to her daughter, Zennie, and her son, Ozzie. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

August 09, 2023 02:00 PM Eastern Daylight Time

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ToolsGroup And River Logic Partner to Provide a Comprehensive Supply Chain Planning Solution

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announced a partnership today with River Logic, Inc, a global innovator in advanced analytics for planning and decision support, offering both a platform for custom solutions as well as network optimization and production planning and scheduling applications. Combining River Logic’s advanced supply chain design and production capabilities with ToolsGroup’s award-winning demand planning, inventory optimization, and supply planning capabilities, customers can now benefit from a more comprehensive supply chain planning solution. This strategic integration empowers organizations to leverage a unique modeling approach by providing visualization and scenario planning of the physical and financial value chain overlaid with a virtual representation of the actual flow of goods. This enables organizations to benefit from both longer-term strategic supply chain design variations and the resulting impact on inventory and service levels. “As a customer of both ToolsGroup and River Logic, I am very excited by this news,” said Moid Alwy, Chief Supply Chain Officer at American Tire Distributors. “Coupling physical supply chain design decisions with the digital flow of goods moving through the supply chain is the holy grail of the industry.” The ToolsGroup Service Optimizer 99+ (SO99+) supply chain planning solution empowers supply chain teams to make better decisions faster in times of supply and demand volatility. SO99+ provides end-to-end visibility through a digital supply chain twin that models goods and inventory movement. Equipped with probabilistic planning and advanced inventory optimization, the solution leverages powerful artificial intelligence and machine learning to better predict supply and demand requirements. This enables organizations to improve forecasts and reduce on-hand inventory while maximizing service levels. “We are excited to partner with ToolsGroup to enable a more comprehensive supply chain planning solution that, in turn, will offer more value to enterprises looking to establish more resilient and profitable supply chains,” said Carlos Centurion, President of River Logic. The foundation of River Logic’s technology is a Digital Planning Twin™, which helps companies easily, quickly, and thoroughly assess a truly end-to-end set of scenarios. This includes the full value chain as-well as product portfolio, sustainability targets, and the financial impact in terms of profitability, and the ability to finance the operation. “The partnership with River Logic is a win-win for our joint customers, improving efficiency and providing powerful business benefits,” said ToolsGroup CEO, Inna Kuznetzova. “Closely linking supply planning with production planning will improve efficiency and performance for our customers. And connecting actual digital supply chain flows with the digital supply chain planning twin will give supply chain leaders the ability to act more quickly and make strategic decisions with more confidence.” Learn more about this partnership HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 08, 2023 10:30 AM Eastern Daylight Time

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David Clark Company’s ConneX CREW Smartphone App connects Workers on a Jobsite for complete Hands-Free Communication

David Clark

The David Clark Company released its first mobile application DC-ConneX CREW, the most flexible group communication solution that connects 10 team members without needing Internet or cell phone service. ConneX CREW provides your jobsite groups with a secured smartphone platform where authorized participants access calls and messaging with just a few clicks. The mobile app can be downloaded for free ( search name ‘ DC ConneX CREW’ from the Google Play or Apple App stores to transform an Android or iOS phone into a group communication system when the phones are connected to the David Clark Company Audio Gateway device. Activate the hands-free feature when you use the speakerphone option or pair your phone with any Bluetooth® hearing device – such as the David Clark Behind-the-Head Headset or your preferred Bluetooth® headset or earphone. Watch Explainer Video on YouTube Jobsite crews commonly use bulky radios or other headset systems that require multiple sets of equipment for each user. David Clark’s ConneX CREW system requires one Audio Gateway on a jobsite to connect your team members using their smartphones without any other expensive equipment. The CREW Audio Gateway acts as a portable network on a jobsite, protected in a ruggedized case to allow reliable, natural conversation amongst your team members. “Jobsite crews benefit from secure, high quality, low-latency audio technology that can be operated without the snag hazards of corded audio systems,” said David Clark Vice President Mark Estabrook. “The CREW system expands our communication product portfolio into the mobile app space, using the devices that jobsite workers already carry. Embedded Voice over IP (VoIP) technology opens the door to high levels of scalability in portable communications while maintaining private network coverage and security.” The David Clark Company continues its 80-year commitment to quality, service, and US-manufactured products. The company’s complete product portfolio and customer support, including the ConneX CREW system, is designed and produced at its headquarters manufacturing facility in Worcester, Massachusetts. Store.DavidClark.com is the only place online to buy the CREW Audio Gateway, which includes a 12-month license for 10 users to have unlimited communication via call or messaging functions. Learn more at ConneX.DavidClark.com or contact Ricardo Frias, Business Development Manager, at rfrias@davidclark.com. Contact Details David Clark Company Lindsay Lucarelli +1 508-751-5882 LLucarelli@davidclark.com Company Website https://connex.davidclark.com/

August 08, 2023 09:30 AM Eastern Daylight Time

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Ilika CEO says Cirtec deal an "absolutely fantastic validation"

Ilika PLC

Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy speaks to Thomas Warner from Proactive after announcing the signing of a 10-year agreement with US complex medical device company Cirtec Medical to provide Ilika's Stereax solid-state batteries. The deal establishes an exclusive relationship with Cirtech for the use of Stereax batteries in medical devices and features an initial period of profit sharing, later transitioning into a royalty on net sales, ensuring mutual benefit. He refers to the deal as an "absolutely fantastic verification and validation" of Ilika's business model. Purdy suggests that despite Stereax's potential suitability for use in sectors such as the Internet of Things, he's always been clear that the initial commercial focus for Ilika during Stereax's early life will be on medical devices. He also mentions what he calls exciting progress with the other side of the business, the much larger Goliath Electric Vehicle (EV) batteries, and signals more positive developments in the future. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

August 07, 2023 08:21 AM Eastern Daylight Time

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Saietta Group frees up funds ahead of light duty vehicle push

Saietta Group PLC

Saietta Group PLC (AIM:SED) executive chairman Tony Gott and group CFO Steve Harrison speak to Thomas Warner from Proactive about two significant recent developments at the electric drivetrain (eDrive) solutions company. Saietta recently announced changes to its agreement with auto component giants Consolidated Metco (ConMet) that mean Saietta will receive an "immediate cash injection of €3.3mln" and the removal of "around €2mln of cash burn..." in exchange for the assignment to ConMet of jointly-developed intellectual property, machinery and equipment related to the development of an in-wheel generator (IWG) and an in-wheel motor (IWM). Harrison says the money freed up will be put to use on the light-duty side of the business, where he sees excellent growth opportunities. He also says he remains confident that Saietta will meet its stated aim of being EBITDA positive in the first calendar quarter of 2024. Gott goes on to highlight news from the week prior that Saietta has signed a new agreement with a commercial partner, described as “one of the largest OEMs in the Indian light-duty mobility market”, which sets up an opportunity to distribute some 60,000 EV drive chain units over a potential 5-year period. The agreement covers an anticipated third line of electric vehicles with its existing Indian client, and, follows a previously announced client partnership, which was set up to support product development and industrialisation of electric vehicle (EV) drive systems and their associated electronics. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

August 07, 2023 08:07 AM Eastern Daylight Time

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News Release

Cepton discusses national security and cybersecurity concerns in LiDAR industry

Cepton Inc

Brunno Moretti, vice president of product at Cepton Inc, discusses the implications of potential action against Chinese LiDAR companies by Washington in an interview with Proactive's Stephen Gunnion. Moretti highlights two main concerns: national security and cybersecurity. LiDAR technology is crucial for creating high-definition maps around vehicles, but if parts are produced by state-backed entities from non-allied countries, there are risks related to data security and mapping sensitive areas. Moretti also emphasizes the importance of a level playing field in the LiDAR industry and the need to ensure fair competition by preventing state-subsidized companies from gaining an unfair advantage. Cepton is part of the LiDAR Coalition, which includes US and US ally-based companies aiming to raise these concerns with lawmakers. Moretti underlines the significance of this discussion, especially as LiDAR technology is just emerging in the automotive sector. He concludes by reaffirming Cepton's commitment to safety and consumer awareness regarding the technology embedded in their vehicles. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 03, 2023 02:08 PM Eastern Daylight Time

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ToolsGroup Named a Notable Vendor in the Gartner® Midmarket Context: Magic Quadrant™ for Supply Chain Planning Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for Supply Chain Planning Solutions (July 2023). According to Gartner, “The SCP solution software market that supports midmarket enterprises consists of solutions that are cost-effective, user-focused and fast to deploy. The vendors included in this report all met the criteria of earning 60% or more of their 2021 revenue from midmarket enterprises with 100 to 999 employees or $50 million to $3 billion in revenue.” ToolsGroup’s continued focus on customers has driven technological innovations that make its solutions invaluable to midmarket companies. With a complete set of out-of-the-box capabilities for demand planning, inventory optimization, and replenishment, companies experience shorter time to implement and faster time to value. ToolsGroup helps customers outperform the competition, thanks to four major differentiators: · A dynamic data unification platform that enables end-to-end supply chain visibility and digital supply chain twins for more strategic planning · Probabilistic demand and supply planning that prepares supply chain teams for uncertainty and disruption in order to ensure continued customer satisfaction · AI-powered demand planning and automated inventory optimization for improved planner productivity and efficiency · A powerful multi-echelon inventory optimization model designed specifically for complex supply networks for reduced inventory and greater profitability Thanks to these capabilities, ToolsGroup customers experience a 20-30% reduction in inventory while achieving 99+% product availability. “We’re excited to be recognized by Gartner,” said ToolsGroup CEO, Inna Kuznetsova. “Supply chain leaders recognize the importance of automation and usability when skilled resources are scarce, as well as the business resilience linked to our unique probabilistic planning approach. ToolsGroup helps supply chain teams make better, faster decisions and provides the power to pivot and adapt successfully to disruptions and volatility.” Learn more about ToolsGroup’s award-winning, customer-centric supply chain planning solutions HERE. Gartner Disclaimer GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 03, 2023 08:30 AM Eastern Daylight Time

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Saietta shares soar as it inks deal for third EV product line with Indian OEM partner

Saietta Group PLC

Saietta Group PLC, a leader in EV technology, announces a major partnership with one of India's largest OEMs in the light-duty mobility market. This collaboration could lead to the distribution of 60,000 EV drive chain units over five years, marking a significant step in the EV industry. The video sheds light on Saietta's ambitious plans for mass production, expected to commence in 2023, marking a pivotal moment in the company's journey towards establishing itself as a leader in the EV sector. Viewers will gain valuable insights into Saietta's proprietary Radial Flux Technology, a groundbreaking innovation that propels the efficiency and performance of their EV drive chain units to unprecedented levels. With the company's shares rising by 30% following the announcement, we explore what this means for the future of Saietta and the EV market in India. Tune in to learn more about Saietta's innovative Radial Flux Technology and their mission to have Saietta-powered lightweight electric vehicles on Indian roads by 2024. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

July 26, 2023 04:53 AM Eastern Daylight Time

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