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New Alvarez & Marsal Spring 2024 Consumer Sentiment Report Highlights Impact of Ongoing Consumer Skepticism on Spring & Summer Spending Plans

Alvarez & Marsal Consumer and Retail Group

Consumers, specifically those with higher household incomes, intend to reduce spending on essentials, experiences, gifts, and indulgences this spring The number of higher-income earners cutting back on spending to prioritize saving has increased in Spring ’24 compared to previous cycles Cost-conscious consumers are increasingly engaging in sales and second-hand shopping as a way to reduce spending Despite financial uncertainty, consumers are still eager to take vacations this year, showing resilience in their desire for leisure compared to last spring (2023) Global professional services firm Alvarez & Marsal’s Consumer and Retail Group (A&M CRG) released its latest consumer report, Consumer Sentiment Survey Spring 2024, which examines the influence of inflation and resulting changes in consumer spending over the last year, as well as spending outlook for the upcoming six-month timeframe. This is the sixth chapter of its bi-annual Consumer Sentiment Report, based on a survey of 1,800+ consumers matching the U.S. adult population according to gender, age, ethnicity, region and income. The report delves into shifting behaviors in response to personal finances and economic conditions. It includes insights into consumers' shopping priorities across categories, concerns about increasing prices, vacation plans, and other factors shaping purchase decisions for the upcoming spring season, among other relevant insights. “Our semi-annual survey aims to analyze the influence of ongoing economic concerns on consumer spending patterns, channel preferences, and their overall confidence in financial stability over time. Retailers can utilize the data and insights from our report to develop financial plans, efficiently manage inventory, enhance marketing campaigns, and establish pricing strategies at a category level,” stated Chad Lusk, Managing Director at Alvarez & Marsal’s Consumer and Retail Group. “This survey cycle reveals a growing consumer pessimism as we head into the spring season, with intentions to exercise greater caution in spending especially in higher income households.” The study found that: Consumer outlook for spring is weaker as consumers are anticipating spending less and having less money versus Fall ‘23 Consumers are planning to reduce spending across the board but show the smallest decline in spending intentions for experiences compared to Fall ‘23, with a rising number of respondents planning vacations this year In higher income brackets, there's a notable trend towards prioritizing saving over spending. In the $200K+ income bracket, the percentage of respondents prioritizing saving surged by 12% compared to Fall '23. Across various spending categories, we consistently observed the most significant decreases in desire to spend in the higher income households Higher income households are turning to second-hand shopping to save money. The number of respondents earning $100K+ who shop second-hand to save costs increased by 10% this spring. "Retailers must recognize the cautious consumer mindset and adjust strategic priorities accordingly to align with spending plans," Lusk advised. "Retailers, particularly ones servicing higher income consumers, should anticipate providing discounts and promotions across different categories as the season progresses, also while implementing flexible inventory strategies to minimize overall liabilities, given that those typically less affected by recession or inflation will be spending less.” To download a pdf of Consumer Sentiment Survey Spring 2024, please visit: https://alvarezandmarsal-crg.com/insight/consumer-sentiment-survey-spring-24/ The Alvarez and Marsal Consumer and Retail Group (CRG) is a management consulting firm that tackles the most complex challenges and advances its clients, people, and communities towards their maximum potential. CRG combines the best of A&M’s broader firm's bias toward action and practicality with deep consumer and retail industry experience. CRG partners with businesses across a wide range of categories including Food & Beverage, Beauty & Personal Care, Grocery, Mass Merchandise, and Apparel & Footwear to drive significant performance improvement. Contact Details David Schneidman dschneidman@alvarezandmarsal.com Company Website https://www.alvarezandmarsal.com/industries/retail/retail

April 10, 2024 11:30 AM Eastern Daylight Time

Annette Clayton Joins Flash Board of Directors

Flash Parking

Flash, the leading digital ecosystem provider connecting drivers to parking and EV charging experiences, today announced Annette Clayton, chairwoman and former CEO of Schneider Electric, has joined the company’s board of directors. Ms. Clayton has decades of automotive, technology and energy industry experience and brings an extensive track record guiding corporate strategy and operations for growth companies and pioneering startups. “We are incredibly fortunate to welcome Annette to our board of directors,” said Dan Sharplin, Flash’s CEO and Chairman. “She is an accomplished leader who has dedicated her career to companies that are transforming their respective industries, and her talents and expertise will be invaluable to our next chapter of growth, particularly when it comes to meeting the needs of modern drivers through the next wave of EV adoption.” Ms. Clayton joins Flash’s board of directors after recently concluding her tenure as CEO of Schneider Electric North America. During that time, Ms. Clayton led business strategy for the region, representing 30,000 employees and sales of more than $11 billion in fiscal year 2022. “Working with innovators like Flash that reimagine an industry is the work I love,” said Ms. Clayton regarding her appointment. “I have followed Flash’s evolution from its startup days and think the current moment is among its most exciting – Flash has done the heavy lifting and is poised to bring all the players together to set the new standard for a first-of-its-kind digital ecosystem.” Ms. Clayton currently serves on the public boards of Duke Energy, NXP Semiconductors, Oshkosh Corporation and Nordson Corporation. Ms. Clayton’s prior board service includes National Electrical Manufacturers Association, National Association of Manufacturers and many of Schneider Electric’s Energy-as-a-Service joint ventures. She was also a member of Rewiring America’s CEO’s for Electrification coalition for business leaders. Prior to Schneider Electric, she served in senior management roles for Dell, where she led the transformation of its global supply chain and fulfillment model, and General Motors Corporation, including president of Saturn Corporation, where she oversaw strategic direction, financial accountability, and profitability. Ms. Clayton holds a bachelor’s degree in general engineering from Wright State University, a master’s degree in engineering management from the University of Dayton and has completed the London Business School executive development program. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations — connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress from driving. The solution has arrived. Visit www.flashparking.com to learn more. Contact Details Flash Parking Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

April 04, 2024 03:00 PM Eastern Daylight Time

Korean Beauty Brand MIXIK SKIN Launches With Industry First, All-Mist Skincare Line

MIXIK SKIN

MIXIK SKIN, a Korean beauty brand based in Los Angeles, launched today on a mission to break down the barriers of skincare, making it accessible for all, irrespective of age, gender, or skin type. Teaming up with first retail partner Thirteen Lune, MIXIK SKIN’s innovative all-mist skincare line introduces a minimalist yet effective skincare collection designed to simplify routines while delivering exceptional results. Founder Sunny Oh created MIXIK SKIN out of an essential need for a convenient, sanitary, and travel-friendly skincare solution that was fun yet effective. Inspired by Korean beauty practices, Oh joined forces with co-founders Christine Moon and Lena Park, who recognized the transformative potential of mists in skincare, especially for those with active lifestyles, and embarked on a mission to integrate the ease of mists into every facet of skincare rituals. "Society often dictates rigid standards of beauty and skincare, but we believe that everyone deserves access to products that enhance their natural beauty without limitations," said Sunny Oh, CEO and Co-Founder of MIXIK SKIN. "With MIXIK SKIN, we're not just offering sanitary skincare; we're offering empowerment – the freedom to embrace your unique skin journey confidently, conveniently, and consistently." MIKIK SKIN blends the best of both worlds with roots in Los Angeles and production and innovation from Korea. At MIXIK, crafting skincare solutions from luxury-quality ingredients at an affordable rate is imperative to its ethos as the brand aims to cultivate a diverse and inclusive beauty landscape, ensuring that everyone’s skincare needs are addressed at every price point. "As a Korean-American, I've always felt a deep connection to both cultures, and MIXIK SKIN is a reflection of that fusion," said Christine Moon, Managing Director and Co-Founder of MIXIK SKIN. "We're proud to bring the essence of Korean beauty to a global audience, while also championing diversity in an industry that often lacks representation." MIXIK SKIN's debut collection features four essential products: the Cleansing Oil, Jelly Toner, Botanical Serum, and Hydra Cream, all formulated with the rejuvenating properties of blue agave and rosewater. Crafted with a commitment to ethical practices, all MIXIK SKIN products are cruelty-free and vegan, embodying the brand's core values of inclusivity, simplicity, and quality. "We believe that skincare should be both effective and enjoyable, which is why we've curated a line that prioritizes simplicity without compromising on results," said Lena Park, Brand Director and Co-Founder of MIXIK SKIN. "Our products are designed to fit seamlessly into any routine, providing nourishment and hydration for every skin type." MIXIK SKIN is available to shop at www.mixikskin.com and at Thirteen Lune. For more information and updates, visit www.mixikskin.com and follow @mixikskin on social media. Hi-res images, interviews, and media samples are available upon request. About MIXIK SKIN: MIXIK SKIN is a Korean beauty brand based in Los Angeles, dedicated to breaking down the barriers of skincare and making it accessible for all. Founded by Sunny Oh, Christine Moon, and Lena Park, MIXIK SKIN blends the best of Korean skincare wisdom with modern innovation, offering a range of minimalist yet effective products designed for every skin type and gender identity. With a commitment to inclusivity, simplicity, and quality, MIXIK SKIN empowers individuals to embrace their unique skin journey with confidence. Contact Details Six One Agency Cami Carlson camryn@six-one.com

April 02, 2024 08:03 AM Eastern Daylight Time

Consumer Discretionary Sector SPDR Fund (XLY): Tapping Into the Luxury Consumer Market

Select Sector SPDR

The Consumer Discretionary Select Sector SPDR Fund (XLY) offers investors a unique opportunity to gain exposure to the high-end retail market. XLY offers exposure to the consumer discretionary sector, making it an appealing option for investors looking to tap into the potential of profit margins from high-priced goods and services. This sector includes companies involved in the production and distribution of non-essential goods and services such as electronics, travel, dining out, vacations, video games, toys, and entertainment. A Look At The Top Holdings* Currently XLY's holdings include a comprehensive list of high-performing stocks from industry-leading companies like Amazon (23.14%), Tesla (12.85%), Home Depot (10.07%), McDonald's (4.24%) and Lowe’s (3.96%). These companies cater not only to the luxury goods market, but also to discretionary spending in other areas, ensuring that investors can benefit from a diverse range of consumer spending patterns. Since its establishment in 1998, the XLY fund has amassed over $20 billion in assets under management, with an investor-friendly expense ratio of 0.09%**. The fund aims to replicate the performance of the S&P 500 Consumer Discretionary Index, providing a comprehensive view of the consumer discretionary space, allowing investors to benefit from the sector's potential growth. Going Strong Year Over Year With the economy on the mend, the consumer discretionary sector is poised to thrive. As consumer confidence strengthens, discretionary spending is anticipated to rise, potentially favoring companies in this sector. In summary, the XLY fund presents a unique method to invest in the high-end retail market. It's an opportunity to delve into the spending habits of wealthy consumers, without the necessity to scrutinize individual companies. With its diversified portfolio and cost-effectiveness, the XLY fund is a noteworthy consideration for investors aiming to harness the potential of the consumer discretionary sector. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 3/31/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007402 EXP 5/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

April 02, 2024 05:00 AM Eastern Daylight Time

ToolsGroup and Scarpe&Scarpe to Present at upcoming eP Summit, April 9-10, Florence, Italy

ToolsGroup

ToolsGroup is excited to announce our participation in the upcoming eP Summit 2024, the Pitti Immagine event focused on the relationship between fashion and the digital world in Florence, Italy, on April 9-10. Additionally, we are thrilled to highlight the presence of one of our top retail customers in Italy, Scarpe&Scarpe, who will share their success story. Marcello Pace, CEO of Scarpe&Scarpe, a major player in the retail of shoes and leather goods with over 100 stores across Italy, will discuss how the company is transforming its merchandising processes by integrating ToolsGroup’s AI-powered solutions. This revolutionary approach has enabled Scarpe&Scarpe to optimize margins while minimizing overstock, resulting in significant business improvements. Pace first saw the value of the ToolsGroup solutions at the time when he was CEO of PittaRosso, another large Italian retailer of shoes, an experience which has eventually been published as a Harvard Business School case study. Facing the challenge of overstock and the need to enhance sell-through rates, PittaRosso implemented an automated markdown optimization solution leveraging historical sales data, comprehensive market insights, and inventory analytics. Within just two months of adopting ToolsGroup’s AI-driven solution, PittaRosso experienced a remarkable +14.3% increase in sell-through, alongside improved inventory efficiency, contributing to a €4.2 million boost in the overall margin. Pace’s success in generating growth for PittaRosso through revolutionary AI was the foundation for his vision towards achieving a similarly transformative impact at Scarpe&Scarpe. Marcello Pace commented, “We urgently needed a strategy to maximize margin and sell-through rates. Within just months, ToolsGroup’s AI-powered solution provided tangible results, perfectly aligning with our inventory and growth objectives. Embracing digital transformation is crucial for our brand’s retail expansion, and ToolsGroup emerged as the ideal technological partner to enhance our revenue and margin growth.” Inna Kuznetsova, CEO of ToolsGroup, emphasized, ““Scarpe&Scarpe's success embodies today’s AI powered revolution in retail and supply chain planning technologies. The immediate business impact they observed is a testament to how real-time decision making not only adapts to an unpredictable market, but enables businesses to thrive in it. It's a privilege to partner with Scarpe&Scarpe on their innovation and digital transformation journey. Together, we're paving the way for smarter, more sustainable growth.” Curious to learn more about ToolsGroup’s retail planning solutions? Book a meeting with us at the link https://www.toolsgroup.com/events/ and visit our booth A/5 at eP Summit on April 9-10 at Stazione Leopolda, Florence. About Scarpe&Scarpe From the 1960s to today, from retail to specialized distribution, the Scarpe&Scarpe brand has been the protagonist of great changes while remaining faithful to its mission. The variety of proposals, the quality of materials and the competitiveness of prices have always characterized the entire production of a company which, through targeted investments and constant attention to competitive scenarios, has been able to conquer the Italian market by responding to the needs of the public in always effective manner. Today, thanks to the strong identity of the brand, the effectiveness of the entrepreneurial strategies, the careful planning of the format of the exhibition spaces and the qualification of the sales staff, Scarpe&Scarpe is a consolidated and successful commercial reality, as explicitly demonstrated by the data on its dimensions. In fact, the brand currently has over 100 stores distributed across the country and relies on the collaboration of 1300 employees. 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

March 28, 2024 09:00 AM Eastern Daylight Time

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Timothy Applegate Elected as Board Chair Elect for National Contract Management Association

National Contract Management Association

The National Contract Management Association (NCMA), dedicated to advancing the contract management profession, proudly announces the appointment of Timothy Applegate as its Board Chair for Program Year 2026, that begins July 1, 2025. A retired Colonel in the United States Air Force, Mr. Applegate brings over 36 years of acquisition and contracting expertise to the role. Mr. Applegate is currently a distinguished member of the Senior Executive Service and Director of the Acquisition Management and Integration Center at Headquarters Air Combat Command (ACC), where he is responsible for overseeing a total acquisition portfolio exceeding $20 billion. A devoted member of NCMA since 1992, an NCMA Certified Professional Contract Manager™ (CPCM™) certificant, Board Member (2018- 2021 and 2023-2024), and Board Advisor (2021-2022), Mr. Applegate is a dedicated and long-standing champion of NCMA and the role it plays in the advancement of the contract management profession. "It is a privilege to serve alongside such esteemed colleagues and I look forward to working with the NCMA's dedicated members and partners,” said Mr. Applegate. Kraig Conrad, CEO of NCMA, added, "Tim's wealth of experience and expertise is truly invaluable to meet our strategic objectives. Over the past six years, he has been instrumental in fostering the growth and evolution of our association through his dedicated service. I am eager to collaborate with him to advance our Common Language Initiative and expand our partnerships to elevate the profession with international standards.” With Mr. Applegate assuming the role of Board Chair-Elect, NCMA is poised to further enhance its programs and standards, ensuring that practitioners receive unparalleled support and opportunities for professional development and certification. The entire NCMA community eagerly looks forward to the transformative leadership that Mr. Applegate will bring to the organization. The National Contract Management Association (NCMA) – www.ncmahq.org – has grown as a professional society whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. Contact Details National Contract Management Assocation Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

March 26, 2024 06:25 PM Eastern Daylight Time

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Adin Avertising Technology Announces AI-Based Approach to Digital Media Planning - Adin.Ai

Spark Metro PR

In an era marked by challenges in transparency and efficiency, Adin.Ai disrupts the traditional media planning sector by emerging as a beacon of innovation, transforming the landscape of media planning through its AI-based advertising intelligence platform. With unparalleled precision and strategy, Adin.Ai revolutionizes planning processes across TV and digital platforms. The Visionary Team Behind Adin.Ai's Success At the helm of Adin.Ai's ground-breaking platform is an esteemed team of industry pioneers, led by the renowned entrepreneur Serhat Gurcu, a five-time honoree on the Fortune 40 Under 40 list. Partnering with Gurcu is Prof. Altan Cakır, a luminary in data science and artificial intelligence. Together with other esteemed founding partners, including visionary 2 CTOs, a PhD holder, a rising star female co-founder in media, and another female co-founder who is one of the Fast Company Female Founders for 3 years in a row, Adin.Ai stands poised at the forefront of the industry. Innovative Technology Drives Enhanced Transparency Adin.Ai's integration of AI and blockchain technology ensures an unprecedented level of transactional transparency. Through Adin.trust, each transaction is securely recorded, instilling advertisers with the confidence needed to invest in their media planning strategies. Industry Recognition and Collaborative Ventures Fast Company's recognition of Adin.Ai on both its Most Innovative Companies and Startup 100 lists underscores the company's impact. Additionally, AWS lauds Adin.Ai's proactive adoption of emerging cloud and AI technologies, particularly its utilization of generative AI, a testament to Adin.Ai's commitment to staying at the forefront of technological advancements. The collaboration between Adin.Ai and AWS engineers has resulted in a unique amalgamation of different AWS modules, harmoniously working together to enhance Adin.Ai's capabilities. With AWS's validation of its technology and an upcoming collaboration with KPMG, Adin.Ai is primed to further its influence on global media transparency. Stellar Financial Performance Foreshadows Success In its Proof of Concept (POC) year, Adin.Ai generated an impressive revenue of 300K USD, setting a robust foundation for its future endeavors. Subsequently, in its first official year, the company achieved an Annual Recurring Revenue (ARR) of 2.4M USD, alongside a Monthly Recurring Revenue (MRR) of 200K USD. Notably, 70% of this revenue was generated in Turkey, a testament to Adin.Ai's resilience amid currency fluctuations. Additionally, the company reported 11 M USD Billings in its first year, indicating strong growth and market demand for its innovative solutions. Explosive Growth in Competitive Markets Adin.Ai's strategic focus on expansion across Europe and the UK has yielded exceptional results, with a staggering 700% growth compared to the previous year. This exponential growth underscores Adin.Ai's strong business model and the burgeoning demand for innovative AI solutions in media planning. Rapid Expansion and Global Ambitions With its remarkable revenue achievements and unprecedented growth rate, Adin.Ai is poised to emerge as the preeminent interface for advertisers worldwide. The company's sights are set on further expansion and solidifying its status as a USA-established company, with Istanbul serving as the operational hub for the Europe, UK, and EMEA region, and London as the headquarters for Europe. This strategic positioning, coupled with global acclaim, sets new benchmarks for excellence in the industry. Adin.Ai is strategically positioned to shape the future of advertising, where AI-based decisions redefine the landscape. Client Success Stories Adin.Ai's transformative impact is evident through the success stories of its clients. A FINTECH company from Spain achieved a remarkable 30% reduction in Cost Per Acquisition, while the largest private bank in Turkey witnessed a substantial 70% increase in Viewability. Additionally, a fashion company from the UK experienced a significant 64% boost in Return on Ad Spend (ROAS), and a gaming company from the Netherlands successfully mitigated display ad fraud by 52%. These results underscore Adin.Ai's commitment to driving tangible outcomes for its clients across diverse industries. Adin.Ai as the AI-Based Digital Advertising Platform for Enterprise Advertisers: Maximize Ad Return up to 5X; Minimize Effort up to 100X. With Adin.Ai, advertisers gain access to a cutting-edge platform that maximizes ad returns up to 5 times while minimizing effort up to 100 times. Our revolutionary AI-driven approach to digital media planning empowers advertisers to achieve unparalleled success in their campaigns. For further insights into Adin.Ai's journey and services, visit www.adin.ai Founders of the Company: Serhat Gürcü: LinkedIn Profile Prof. Altan Çakır: LinkedIn Profile Selin Ergin: LinkedIn Profile Halil Faruk Deniz: LinkedIn Profile Özgün Akın: LinkedIn Profile Seden Gürcü: LinkedIn Profile SOURCE: Adin.Ai Contact Details Adin.ai Seden Gurcu +90 533 476 96 49 Seden@adin.ai Company Website https://adin.ai/

March 26, 2024 11:08 AM Eastern Daylight Time

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North American Building Materials Leader Cornerstone Building Brands Chooses ToolsGroup and River Logic’s Technology

ToolsGroup

Unique Partnership Delivers an End-to-End Network Optimization Solution to Seamlessly Integrate Supply Chain Design, Manufacturing Footprint and Probabilistic Planning and Execution for Leading Building Materials Manufacturer. ToolsGroup, a global leader in retail and supply chain planning and optimization software, along with partner River Logic, Inc, a global innovator in network design and optimization, announced that Cornerstone Building Brands, a leading North American manufacturer of exterior building materials, will harness the power of their comprehensive technologies for end-to-end value chain optimization. Two of Cornerstone Building Brands’ business units — Aperture Solutions – U.S., which produces a wide range of residential windows and doors suited for both new construction and repair & remodel projects, and Shelter Solutions, which manufactures metal roof and wall systems, metal accessories and complete pre-engineered building systems — chose ToolsGroup and RiverLogic’s technology solutions to achieve their business objectives and strategies. “By combining River Logic’s advanced supply chain network design and its corresponding financial analytics capabilities with ToolsGroup’s demand planning, inventory optimization and planning capabilities, our facilities can now benefit from an all-inclusive supply chain planning solution,” said Christopher Gonzales, vice president of Operations & Supply Chain for Cornerstone Building Brands’ Shelter Solutions business unit. “The combined team identified strategic integration opportunities that empower us to leverage unique modeling approaches. The visualization and scenario planning of the physical and financial value chain overlaid with a digital representation of the actual flow of goods enables us to utilize longer-term strategic supply chain design variations and optimize inventory and service levels.” “Our robust partner ecosystem enables us to provide end-to-end supply chain solutions for customers like Cornerstone Building Brands,” said ToolsGroup CEO, Inna Kuznetzova. “Integrating the ToolsGroup supply chain planning solution with the RiverLogic network design and optimization solution enables Cornerstone to model alternative value chain models and measure the impact on network wide inventory and service levels, driving greater resiliency and profitability across the organization.” “Combining the River Logic Value Chain Optimization solution with ToolsGroup’s service driven supply chain planning capabilities, brings the power of extended network design and strategic financial planning with operational supply chain simulation to Cornerstone Building Brands,” said Carlos Centurion, President of River Logic. “Our partnership with ToolsGroup enables us to provide our customers with optimized value that maximizes their potential for financial returns as well as operational excellence across the supply chain.” Join ToolsGroup and RiverLogic at the Gartner Supply Chain Symposium, May 6-8 Orlando, FL. Christopher Gonzales from Cornerstone will be presenting his story live on Monday afternoon. Book a meeting. ABOUT CORNERSTONE BUILDING BRANDS Cornerstone Building Brands is a leading manufacturer of exterior building products for residential and low-rise non-residential buildings in North America. Headquartered in Cary, N.C., we serve residential and commercial customers across the new construction and repair & remodel markets. Our market-leading portfolio of products spans vinyl windows, vinyl siding, stone veneer, metal roofing, metal wall systems and metal accessories. Cornerstone Building Brands’ broad, multi-channel distribution platform and expansive national footprint includes approximately 18,000 employees at manufacturing, distribution and office locations throughout North America. Corporate stewardship and environmental, social and governance (ESG) responsibility are embedded in our culture. We are committed to contributing positively to the communities where we live, work and play. About River Logic Founded in 2000, River Logic is a global leader in supply chain strategy and planning, helping companies across a wide range of industries resolve complex, cross-functional trade-off decisions while optimizing key objectives like growth, margin, service levels and more. 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, not only including Network Design Optimization, but full value chain that extends to product portfolio, sustainability targets and the financial impact in terms of profitability and the ability to finance the operation. To learn more, visit: www.riverlogic.com. 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 sustainability 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 River Logic Hila Eyal, Chief Marketing Officer heyal@riverlogic.com Company Website https://www.toolsgroup.com

March 26, 2024 10:00 AM Eastern Daylight Time

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Announcing the 50mm F1.2 DG DN | Art lens, the Brightest 50mm Prime Lens in SIGMA's Lineup

SIGMA CORPORATION OF AMERICA

SIGMA Corporation of America, the US subsidiary of SIGMA Corporation (CEO: Kazuto Yamaki. Headquarters: Asao-ku, Kawasaki-shi, Kanagawa, Japan) is pleased to announce the new SIGMA 50mm F1.2 DG DN | Art lens, a remarkably compact, ultra-fast standard prime lens for full-frame mirrorless camera systems. The new SIGMA 50mm F1.2 DG DN | Art is the brightest in the SIGMA 50mm prime lens lineup, while delivering extremely high optical performance from its widest aperture. It has achieved the highest level of performance among successive generations of Art lenses. The F1.2 maximum aperture allows photographers to actively take advantage of the large bokeh effect and to shoot handheld with a wide aperture in low-light situations such as indoors and evening scenes. Thanks to the excellent correction of various aberrations such as spherical aberration, sagittal coma flare, and axial chromatic aberration, along with SIGMA's first 13-blade rounded diaphragm, which maintains a circular bokeh effect even when the aperture is stopped down, this lens delivers beautiful imaging characteristics. Dual HLA-driven floating focusing, with one group near the front of the lens and one group near the back, provides stable optical performance from close to distant focus. The design also minimizes focus breathing, with very little change of the angle of view as focal distance changes, which is helpful for video capture. The dual floating HLA autofocus achieves focus smoothly, swiftly and silently for both still and video, and the manual focus ring can be assigned to be linear or non-linear response on compatible L-Mount cameras. Despite the fast aperture, the SIGMA 50mm F1.2 DG DN | Art lens is has the lightest weight in its class *, and is 30% smaller than the SIGMA 35mm F1.2 DG DN | Art lens. It is very similar in size and weight to the SIGMA 50mm F1.4 DG DN | Art lens, which was achieved in part by streamlining the optical system. * Full-frame mirrorless 50mm F1.2 lenses as of March 2024. As a DG DN Art lens designed specifically for full-frame mirrorless camera systems, the SIGMA 50mm F1.2 DG DN | Art is built with dust and splash-resistant structure, water and oil-repellent coating on the front lens element, and durable brass bayonet mount; along with click/de-click and lockable aperture ring, an AFL button, and AF/MF switch. Offered in L-Mount and Sony E-mount versions, the lens will be available on April 18, 2024 at a retail price of $1,399 through authorized retail partners. Learn more at the SIGMA America website: https://www.sigmaphoto.com/50mm-f1-2-dg-dn-a Exclusively for mirrorless cameras | Compatible with full-frame cameras A | Art SIGMA 50mm F1.2 DG DN Unveiling another SIGMA Art line F1.2 lens. Elevating photographic mastery beyond conventional limits. Highest descriptive power to take advantage of F1.2 brightness Lightest weight lens body in its class, suitable for a wide range of applications A wealth of functions for professional use and excellent build quality Supplied accessories: CASE, LENS HOOD LH782-03, FRONT CAP LCF-72mm III, REAR CAP LCR II Available mounts: L-Mount, Sony E-mount Launch date: April 18, 2024 * The appearance and specifications of the products are subject to change. * Sony E-mount lenses are developed, manufactured and sold in accordance with the E-mount specifications licensed under a license agreement with Sony Corporation. * L-Mount is a registered trademark of Leica Camera AG. #SIGMA #SIGMA50mmF12Art #SIGMAArt #SIGMAArtPrime #SIGMADGDN The lightest in its class* ― Bright F1.2 maximum aperture and the highest level of descriptive power from SIGMA's Art line. SIGMA's Art line has been offering new possibilities and surprise for expression, and now the SIGMA 50mm F1.2 DG DN | Art is here to break the standards. SIGMA's focus with this lens is on the descriptive power that is perfectly usable from the widest aperture, and on portability that allows the high performance to be demonstrated in any field. In terms of image rendition, SIGMA achieved high resolving power from the maximum aperture throughout the entire focus range, while also enriching the beauty of the large bokeh effect at F1.2. In addition, the lens construction and mechanical design have been stripped down to the bare essentials, resulting in a significantly compact and lightweight body. The lens is also equipped with a full range of functions suitable for professional use, including high-precision AF using the latest HLA (High-response Linear Actuator) that reduces volume while maintaining the same thrust. We hope users will enjoy the superb Art F1.2, which will transform everything they capture and even their photographic experience into something extra special. * As an AF 50mm F1.2 interchangeable lens for full-frame mirrorless cameras. (As of March 2024 by SIGMA) [Key Features] 1) Highest descriptive power to take advantage of F1.2 brightness The SIGMA 50mm F1.2 DG DN | Art has been designed with an emphasis on high resolution from the maximum aperture to the full focus range and large, beautiful bokeh expression. The contrast between the sharpness of the focus surface and the melting bokeh effect creates a three-dimensional effect thanks to its F1.2 aperture. In addition, the 13-blade diaphragm allows for beautiful bokeh expressions. Focus breathing is also well-suppressed that the F1.2 rendering can be fully utilized in video recording. Brightness of F1.2 maximum aperture and high resolution from minimum to infinity focus The latest optical design achieves high resolving power with each aberration thoroughly suppressed from the maximum aperture. The lens is capable of rendering details without color bleeding in any situation. In addition, the incorporated floating focus is advantageous in improving short-range performance, ensuring a stable, high-level image quality throughout the entire range from the minimum focusing distance to infinity. Rich and beautiful bokeh without color bleeding By correcting spherical aberration, sagittal coma flare, axial chromatic aberration, and other aberrations, the lens delivers natural bokeh images that blur smoothly and without color bleeding from the focal plane. Double-line bokeh is also suppressed, allowing users to take advantage of the mellow bokeh effect in their expression. Rounded diaphragm with 13 blades The lens incorporates SIGMA's first 13-blade diaphragm, which maintains a circular shape even when stopped down from the maximum aperture. The surface accuracy of the aspherical lens has been enhanced to the utmost to enable smooth and beautiful round bokeh expressions. Designed to minimize focus breathing Optimization of the focus group arrangement and aspherical shape significantly suppresses focus breathing. The change in angle of view due to focus shift is minimized, creating a natural-looking focus shift when recording video. Designed to minimize flare and ghosting Flare and ghosting, which reduce image quality, are addressed under all conditions of incident light, based on the most advanced simulation technology. High backlight resistance enables clear and sharp images under any lighting conditions. L2) Lightest lens body in its class*, suitable for a wide range of applications By uncompromisingly pursuing high optical performance and portability, which are inherently contradictory, the highest level of performance has been condensed into the lightest lens body in its class. The SIGMA 50mm F1.2 DG DN | Art can be used not only in limited situations and applications, but in all kinds of shooting environments. * As an AF 50mm F1.2 interchangeable lens for full-frame mirrorless cameras. (As of March 2024 by SIGMA) Dual HLA incorporating a new system A new system was developed that significantly reduces the volume while maintaining the same thrust of the HLA, which is characterized by its high driving accuracy and quietness, and is featured in each of the two focus groups. This technological innovation has realized both high-speed autofocus and a compact lens body. Lens construction and mechanical design stripped down to the absolute minimum Each piece of glass is made as thin as possible while employing glasses with a high refractive index and four aspherical lenses. The high level of production technology at SIGMA's only manufacturing base, the Aizu factory, provides the exacting precision necessary for processing these thin glass elements and making this mass production possible. In addition, the floating focus ensures high performance while shortening the overall length, resulting in a compact lens. In the mechanical design phase, emphasis was placed on weight reduction. Through the systematic elimination of individual components, SIGMA attained the distinction of producing the lightest lens in its class, weighing a mere 745g / 26.3oz.* * These figures are for L-Mount. 3) A wealth of functions for professional use and excellent build quality In addition to various functions that support photography, such as the AFL button* and an aperture ring, the construction of the lens body itself and its high-quality touch and feel are also pursued. The SIGMA 50mm F1.2 DG DN | Art is designed with high functionality and reliability to meet the stringent demands of professionals, as well as excellent build quality for long-lasting, reliable use. * Function available on supported cameras only. Available functions may vary depending on the camera used. Proud to be a tool of expression, excellent build quality with SIGMA's Art line specifications By assembling high-precision parts made of lightweight and strong TSC* and other materials, the lens has the high level of rigidity and durability of SIGMA's Art line specifications without sacrificing portability, as well as excellent build quality that allows for long-lasting and reliable use as a photographic tool. * TSC (Thermally Stable Composite) is a type of polycarbonate with a thermal expansion rate similar to that of aluminum. It has a high affinity to metal parts, which contributes to high quality product manufacturing. Various shooting assist functions The lens is equipped with an AFL button which can be assigned to a range of functions via the menu on selected cameras. In addition to the aperture ring, the lens is equipped with an aperture ring lock switch and a click switch to turn the click on and off. Dust and splash resistant structure* and water and oil repellent coating In addition to a dust and splash resistant structure, the front element of the lens features a water and oil repellent coating, allowing users to shoot without concerns even in harsh outdoor environments. * The structure is designed to be dust and splash resistant, but not waterproof. Be careful not to bring the lens in contact with a large amount of water. Water inside the lens may cause major damage and even render the lens unrepairable. Includes a petal-type hood with lock A dedicated petal-shaped hood is supplied. A locking mechanism is provided for secure attachment. [ Additional Features ] Lens construction: 17 elements in 12 groups (4 aspherical elements) Inner focus system Compatible with high-speed autofocus HLA (High-response Linear Actuator) Compatible with Lens Aberration Correction * Function available on supported cameras only. Available corrections or auto correction functionality may vary depending on the camera model. * On cameras where lens aberration correction is controlled with "ON" or "OFF" in the camera menu, please set all aberration correction functions to "ON" (AUTO). Supports DMF and AF+MF Compatible with AF assist (for Sony E-mount only) Super Multi-Layer Coating Water and Oil Repellent Coating (front element) Aperture ring Aperture ring click switch Aperture ring lock switch AFL button * Function available on supported cameras only. Available functions may vary depending on the camera used. Focus Mode switch Support for switching between linear and non-linear focus ring settings (for L-Mount only) * Function available on supported cameras only. Dust and Splash Resistant Structure Petal-type hood with lock LH782-03 Compatible with SIGMA USB DOCK UD-11 (sold separately / for L-Mount only) Designed to minimize flare and ghosting Every single lens undergoes SIGMA's proprietary MTF measuring system 13-blade rounded diaphragm High-precision, durable brass bayonet mount Mount Conversion Service available "Made in Aizu, Japan" craftsmanship Learn more about SIGMA's craftsmanship here: https://www.sigma-global.com/en/about/craftsmanship/ [ Key Specifications ] [ Information ] SIGMA Corporation: https://www.sigma-global.com/ SIGMA Global Network: https://www.sigma-global.com/en/corporate/world-network/ Product Information: https://www.sigma-global.com/en/lenses/a024_50_12/ [ About SIGMA Corporation ] Craftsmanship. Precision. Dedication. Since 1961, SIGMA has been devoted to the pursuit of advancing photographic technology. Unique to the industry, the family-owned business produces its high-quality, award-winning still photo and cinema camera lenses, DSLR and mirrorless cameras, flashes, filters and accessories from its state-of-the-art manufacturing facility located in Aizu, Japan. In 2012, the company introduced SIGMA Global Vision with three distinct lens lines: Art, Contemporary and Sports. Designed for industry camera mount systems including Canon, Fujifilm, Leica, Nikon, Olympus, Panasonic, Sony and SIGMA, each lens is handcrafted and tested in Japan to ensure a high-performance, premium product that is purpose-built to last. In 2016, the SIGMA Cine lens lineup was launched, further cementing SIGMA as an innovator in imaging engineering. Embodying the core optical DNA that has defined the SIGMA benchmark of excellence, SIGMA Cine lenses meet the needs of advanced 6k and 8k cinema production. Forming the landmark L-Mount alliance alongside Leica and Panasonic in 2018, SIGMA continues its storied tradition of imaging excellence through groundbreaking innovations such as the native L-mount SIGMA fp and fp L full-frame mirrorless digital cameras, announced in July 2019 and March 2021 respectively. These products, along with dozens of award-winning SIGMA Global Vision lenses available in native L-Mount format, demonstrate SIGMA's continued commitment to the creative community through expanded product offerings. With the fp, fp L and these lenses, even more users can now leverage SIGMA's renowned optical formula to achieve their creative vision with ease. For more information about SIGMA America, please visit sigmaphoto.com and SIGMA Blog. Follow SIGMA America (Photo): Facebook | Twitter | Instagram Follow SIGMA Ameica (Cine): Facebook | Twitter | Instagram Contact Details SIGMA Corporation Jack Howard +1 631-201-7381 sigma.pr@sigmaphoto.com SDDPR Stacey Doss stacey@sddpr.com Company Website https://www.sigmaphoto.com/

March 26, 2024 08:00 AM Eastern Daylight Time

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