Record 2Q 2026 WLAN Shipments Drive Market to Double-Digit Growth

REDWOOD CITY, Calif., Sept. 10, 2026 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, vendors sold over 10 billion Access Points (APs) in 2Q 2026, setting an industry-wide record for the volume of AP shipments.

"WLAN average selling prices (ASPs) increased only moderately, while AP shipments soared," said Siân Morgan, Senior Director at Dell'Oro Group. "Enterprises have squeezed in orders before prices rise further. We expect ASPs to rise throughout the year, reflecting the growing cost of memory components due to the AI build-out."

"Sales of Wi-Fi 7 accounted for over half the market in 2Q26. We expect to see some revenue from Wi-Fi 8 as early as next year, but Wi-Fi 7 adoption will continue to rise into 2028," added Morgan.

Additional highlights from the 2Q 2026 Wireless LAN Quarterly Report:

- With the shortage of memory components still not resolved, we expect prices to continue rising, and equipment lead times to be variable in a supply-driven market.

- Vendors shipped the highest number of access points with multi-gig and 10 Gbps interfaces ever.

- The WLAN market grew by double digits across all regions, with the highest growth in Europe.

- Revenue from Outdoor APs has outpaced the market for 7 of the last 8 quarters.

About the Reports

The Dell'Oro Group Wireless LAN Quarterly Report offers complete, in-depth coverage of the Enterprise Outdoor and Indoor markets, Wireless LAN Controllers and Licenses, with tables containing manufacturers' revenue, average selling prices, and unit shipments by the following wireless standards: 802.11be (Wi-Fi 7), 802.11ax (Wi-Fi 6 and 6E [6 GHz]), 802.11ac (Wi-Fi 5) Wave 1 vs. Wave 2, 802.11n, and historic IEEE 802.11 standards. The Enterprise market is segmented by Public Cloud vs. Premises and Private Cloud deployments, by geographic region, and by ten Vertical markets.  To purchase these reports, please contact us by email at [email protected].

About Dell'Oro Group

Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, enterprise networks, and data center infrastructure markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions.  For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.

SOURCE Dell'Oro Group

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NEW YORK, Sept. 14, 2026 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to sell its portfolio company Metra (the "Company") to Grupa Kęty S.A. ("Grupa Kęty", WSE: KTY), a Warsaw-listed Polish industrial group operating in the global aluminum extrusion, architectural and sun protection systems, and flexible packaging industries, for €645 million. Completion of the transaction is expected in the first quarter of 2027 and is subject to customary closing conditions and approvals.

Metra is a leading global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, including painting, oxidation, machining, welding and assembly. The Company offers a full range of extruded aluminum profiles, which are used primarily in rail, industrial and building & construction end-markets across Europe and North America. Metra is headquartered in Rodengo Saiano, Italy, and has nine global manufacturing facilities and approximately 1,400 employees.

KPS acquired Metra in July 2021. KPS and Metra's management team successfully transformed the Company into a leading, global aluminum extrusion solutions provider by capitalizing on its extensive technical, operational and value-added services capabilities. Metra's management team successfully executed an aggressive organic and inorganic growth strategy to expand in high-growth geographies and end-markets including rail, energy distribution and building & construction. Under KPS' ownership, the Company made significant investments in the Metra platform, including completing five highly synergistic add-on acquisitions, investing in new press and value-added services capabilities and manufacturing capacity expansions, and instilling a culture of operational excellence throughout the Company's global operations.

Pierre de Villeméjane, a Partner and Co-Head of KPS Mid-Cap Investments, said, "The success of our investment in Metra exemplifies KPS' investment strategy of seeing value where others do not, buying right and making businesses better, across economic and business cycles, geographies and industries. We are proud of Metra's extraordinary transformation under our ownership. Metra demonstrates our ability to partner with world-class management teams to build industry-leading manufacturing companies on a global basis. We view the Company's success as a direct result of KPS' commitment to, and investment in, Metra's operations, strategic growth initiatives and its people."

Mr. de Villeméjane added, "We congratulate and thank Enrico Zampedri, Metra's Chief Executive Officer, along with the Company's senior leadership team and the entire organization, for their strategic vision and tremendous execution, which resulted in the Company's significant value creation under our ownership. Metra is well-positioned for continued growth and industry leadership under Grupa Kęty's ownership."

Enrico Zampedri added, "Our partnership with KPS was exceptional. KPS recognized the underlying potential of Metra and actively supported the entire leadership team through a significant business transformation over the past five years. Under KPS' ownership, Metra improved its market positioning in the extrusion sector by investing material resources in our workforce and operations, focusing on manufacturing excellence and providing world-class product quality and support to our customer base. We thank our customers, suppliers and employees for their contributions to our success. Metra expects to continue its positive trajectory as an integral part of Grupa Kęty. On behalf of the entire Metra management team, we are extremely excited about Metra's future under Grupa Kęty's ownership. This combination will provide additional scale, technical depth, value-added services capabilities and a broader global footprint to allow the combined Company to better serve our customers. We are eager to embark on our next chapter of growth with the Grupa Kęty team."

Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel and BofA Securities and Barclays Capital Inc. served as financial advisors to KPS and Metra.

About Metra

Metra is a global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, including painting, oxidation, machining, welding and assembly.  The Company offers a full range of extruded aluminum profiles, which are used primarily in rail, industrial and building & construction end-markets across Europe and North America.  Metra is headquartered in Rodengo Saiano, Italy, with nine global manufacturing facilities and has approximately 1,400 employees.  More information can be found at www.metra.eu/en.

About KPS Capital Partners, LP

KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $19.1 billion of assets under management (as of June 30, 2026).  For over three decades, the Partners of KPS have worked vigorously to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing.  KPS seeks to create value for its investors by working constructively with talented management teams to make businesses better, and generate investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies, rather than primarily relying on financial leverage.  The KPS Funds' portfolio companies currently generate aggregate annual revenues of approximately $26.1 billion, operate 277 manufacturing facilities in 25 countries, and have approximately 62,000 employees, directly and through joint ventures worldwide (as of June 30, 2026).  The KPS investment strategy and portfolio companies are described in detail at www.kpsfund.com.

KPS Mid-Cap targets the same type of investment opportunities and utilizes the same investment strategy that KPS' flagship funds have employed for over three decades. KPS Mid-Cap aims to leverage and benefit from KPS' global platform, reputation, track record, infrastructure, best practices, knowledge and experience. The KPS Mid-Cap investment team is managed by Partners Pierre de Villeméjane and Ryan Harrison, who lead a team of experienced and talented professionals.

About Grupa Kęty S.A.

Headquartered in Kety, Poland, Grupa Kęty is a publicly-listed leading producer of aluminum profiles and components across a variety of applications like facade systems, doors and windows, internal structures, external aluminum roller shutters, and roller gates for construction markets. It also produces and sells pergolas, external blinds, awnings, reflex screens, and sunbreakers in addition to printed flexible packaging and BOPP films for food manufacturers and other sectors. Founded in 1953, Grupa Kęty was formerly known as Zaklady Metali Lekkich 'Kęty' and changed its name to Grupa Kęty S.A. in 2000.  Further information is available at https://grupakety.com.

Disclaimer 

Past performance is not indicative of future results. There can be no assurance that KPS or any of its funds or investments will achieve their objectives or avoid significant losses. 

Certain statements herein reflect the opinions of KPS as of the date hereof and are based on a variety of assumptions and estimates that are subject to various risks and change. There is no guarantee that such opinions will be realized.

Forward-Looking Statements

This press release contains "forward-looking statements", including statements regarding the contemplated transaction. Forward-looking statements can generally be identified by the use of words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "potential," "seek," "should," "think," "will," "would" and similar expressions, or they may use future dates. Forward-looking statements in this document include, without limitation, statements regarding the Company's expectations as to the completion, timing and anticipated impacts of the contemplated transaction. These forward-looking statements are subject to assumptions, risks and uncertainties that may change at any time, and readers are therefore cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include, among other things: the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement or could otherwise cause the transaction contemplated herein to fail to close; the inability of the Company, KPS or Grupa Kęty to satisfy the conditions to closing; and other risks and uncertainties. The Company undertakes no obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as expressly required by law. All forward-looking statements in this document are qualified in their entirety by this cautionary statement.

Statements By Portfolio Company Executives 

Certain statements about KPS made by portfolio company executives herein are intended to illustrate KPS' business relationship with such persons, including with respect to KPS' abilities as a business partner, rather than KPS' capabilities or expertise with respect to investment advisory services.  Portfolio company executives were not compensated in connection with the communication of such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in KPS-sponsored vehicles.

FOTON Showcases Its Full Product Portfolio in Hannover, Advancing a New Model for the Global Expansion of China's Commercial Vehicle Value Chain

BEIJING, Sept. 14, 2026 /PRNewswire/ -- On September 14, IAA TRANSPORTATION 2026 opened in Hannover. BAIC FOTON presented complete vehicles and self-developed components, with several overseas debuts. It shared its European strategy, global milestones and new flagship products, moving from traditional exports to a full-value-chain international model.

13 Million Vehicles Delivered, Marking a New Milestone in FOTON's Global Development

BAIC FOTON delivered its 13 millionth vehicle worldwide—the GALAXUS 9, tested in Spain—marking progress in Europe's premium long-haul market. FOTON operates in over 140 countries. Its 2030 targets: new energy 50% of sales and international sales 40%. Europe is a key hub. Under "In Europe, For Europe," FOTON focuses on localized products, ecosystem capabilities and partnerships. It offers battery electric, hybrid and hydrogen fuel-cell vehicles—heavy trucks, buses, light commercial vehicles and pickups. It plans a localized new-energy ecosystem, sales in nearly 20 European markets, 300+ service outlets, a German parts center and local assembly by 2028. Its BROCK subsidiary supports connected services.

CAVAN BEACON Makes Its Global Debut, Setting A New Benchmark For Zero-Carbon Intelligent Heavy-Duty Trunk Transport

CAVAN BEACON, a zero-carbon intelligent long-haul heavy truck, debuted globally. Its platform supports 15 variants across battery electric, battery swapping, gaseous and liquid hydrogen. Megawatt fast charging reaches 20–80% in 18 minutes; electric range exceeds 600 km; hydrogen range exceeds 1,000 km. It features ICA/HWP driver assistance, 22 functions and readiness for Level 4. Energy consumption drops 15%; the 6×4 electric uses 115 kWh/100 km. The cab adds comfort, AI voice assistant, dual screens and a 1,000 mm sleeper berth.

A Full Product Lineup On Display, Showcasing FOTON's Technological Capabilities From Multiple Perspectives

FOTON displayed seven vehicles—GALAXUS R9 PHEV, CAVAN BEACON, eGALAXUS D3, DAYSTAR, CAVAN C1, TUNLAND V9 PHEV, eAURORA—and six key components, including batteries, e-controls, e-axles and megawatt charging. The lineup covers multiple powertrains and global scenarios.

As the industry transforms, BAIC FOTON advances internationalization, new energy and intelligent development, aiming to become a world-class commercial vehicle company.

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UTEM Welcomes Kim Zander as Chief Executive Officer

HEWITT, Texas, Sept. 14, 2026 /PRNewswire/ -- UTEM, a manufacturer of purpose-built aerial lift trucks based in Hewitt, Texas, announced today that Kim Zander has been named Chief Executive Officer of UTEM.

Zander brings a background in organizational leadership to the role. In the coming months, she'll be focused on getting to know the business from the ground up — meeting with employees, customers, and partners across the country, and building a deep understanding of UTEM's operations, culture, and long-term direction.

"As our company enters its next phase of growth, this is the right time to add a CEO. Kim is an exceptional leader with a deep commitment to people, a proven ability to build strong teams, and a dedication to the core values that define our company," said Kirk Zander, UTEM's President. "I'm excited to partner with her as we continue to grow, strengthen our culture, and lead the company into its next chapter."

"After gaining a firsthand appreciation for the company through Kirk's perspective, I'm thrilled and grateful to begin this next chapter," said Kim Zander.

Kirk Zander continues in his role as President, and customers and partners can expect the same relationships and points of contact they've always had with him. For UTEM's customers and partners, it's business as usual. Existing projects, service commitments, and the team's focus on quality and reliability remain unchanged. UTEM's commitment to building the equipment crews count on — and standing behind it long after it leaves the lot — carries forward under Zander's leadership.

UTEM looks forward to sharing more about this next chapter in the months ahead.

About UTEM

Founded in 1975 and based in Hewitt, Texas, UTEM designs and manufactures purpose-built aerial lift trucks for the fiber, telecommunications, municipal, and utility industries — including trucks purpose-built for fiber splicing, a category UTEM pioneered. All UTEM equipment is built and serviced in the USA, with most orders fulfilled in 3 to 6 months, a fraction of typical industry lead times. From single custom units to large fleet orders, UTEM is known for the reliability of its equipment and the people who stand behind it. Learn more at UTEMbuckets.com.

SOURCE Utility Truck Equipment Manufacturing (UTEM)

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GAC Commercial Vehicle Accelerates Global Expansion with IAA TRANSPORTATION 2026 Debut

HANNOVER, Germany, Sept. 14, 2026 /PRNewswire/ -- GAC Commercial Vehicle debuted at IAA TRANSPORTATION 2026 under the theme "Delivering the Future Together", showcasing products, technologies and open-ecosystem achievements across its new-energy heavy and light commercial vehicle businesses.

GAC Commercial Vehicle partners with Pony.ai and Aulton to showcase L4 autonomous driving and efficient battery-swapping solutions based on GAC's T9 truck. The company's new light commercial vehicle brand MONTX made its overseas debut with its P10 and V10 concept vehicles, All-Domain Adaptive Architecture (ADAA) and MONTX Makers, its global user product co-creation initiative. The production SMILODON Pro pickup was also displayed.

"Our debut at IAA TRANSPORTATION, one of the world's most important stages for the commercial vehicle industry, is a key milestone in GAC Commercial Vehicle's globalization journey. Taking products global is only the starting point; taking our ecosystem global represents a new stage of value co-creation. Leveraging GAC Group's global resources and working with partners worldwide, we will bring both our vehicle technologies and collaborative ecosystem to global markets, jointly advancing the new-energy commercial vehicle industry toward a more efficient, intelligent and sustainable future," said Jimmy Du, COO of GAC Commercial Vehicle.

Building on Strength to Accelerate Global Expansion

Building on the mature systems developed through the long-standing GAC Hino joint venture, GAC Commercial Vehicle has nearly two decades of commercial vehicle expertise in R&D, manufacturing and quality management and benefits from the Group's supply chain and global resources.

GAC Commercial Vehicle's sales soared 205% year-on-year in the first half of 2026. It is accelerating its global expansion by taking both its products and ecosystem global, building on its domestic new-energy business and leveraging the GAC Group's sales and service network across 110 countries and regions.

Advancing Through Intelligence to Create Operational Value

GAC's heavy commercial vehicle business focuses on new-energy heavy-duty trucks. The T9 Robotruck combines Pony.ai's 4th Generation Autonomous Driving Technology with GAC's fully redundant drive-by-wire chassis. Its automotive-grade suite includes nine LiDARs, three radars and 13 cameras. Compared with the previous generation, hardware costs are 70% lower and autonomous-driving transportation cost per ton-kilometer is approximately 30% lower, improving efficiency in long-haul, dedicated-route and port transportation.

The T9 Battery Swap EV Tractor combines an electric drive axle with a 603 kWh lithium iron phosphate battery, delivering up to 475 km of range with combined energy consumption as low as 1.2 kWh/km. Aulton's system enables a full-vehicle battery swap in approximately three to five minutes, reducing downtime and improving vehicle utilization. Charging and battery swapping are complementary solutions for different scenarios, with swapping particularly valuable for fixed-route, high-frequency operations.

Together, GAC Commercial Vehicle, Pony.ai and Aulton have integrated vehicle + autonomous driving + energy capabilities to shorten technology deployment cycles and accelerate scaled application in real-world operations.

MONTX Opens New Growth Opportunities in Light Commercial Vehicles

MONTX expands GAC Commercial Vehicle into new light commercial vehicle categories, exploring new scenarios and user needs for global users. Its P10 and V10 concept vehicles embody All-Domain Aesthetics, All-Domain Adaptability and All-Domain Intelligence.

The MONTX P10 is positioned as the All-Domain Integrated Mobility Platform. It targets explorers and outdoor professionals and is tailor-made for extreme environments. Four distributed drive motors, AI Camp Mode and Intelligent Trailering Assist enhance adaptability across complex terrain for remote exploration, field research and off-road expeditions.

The MONTX V10, positioned as The All-Domain Mobile Station, addresses the needs of digital nomads, creators and travelers. Its modular interior, Dual-Drive Smart Cabin and off-grid self-sustaining capabilities enable seamless transitions between work, rest, socializing and exploration, extending the vehicle into a platform for mobile work and living.

MONTX also unveiled its All-Domain Adaptive Architecture (ADAA). Built with a Multi-Energy by Design, Body-on-Frame by Design and Adaptive Intelligence by Design philosophy, ADAA enables one architecture to accommodate multiple energy types, vehicle forms and applications, improving development efficiency and adaptability across diverse global markets.

MONTX also launched MONTX Makers, its global user co-creation initiative, under "Ideas In. Drive Out." The program lets users help define future products by incorporating their needs early on in its product design and development process. MONTX Makers may receive MONTX Pioneer Co-Creator recognition, opportunities to attend global brand events and exclusive owner benefits.

The SMILODON Pro production model complements the MONTX concept cars, offering cargo capacity, ride comfort and multi-scenario adaptability for business and everyday life. Already available in Central and South America and the Middle East, it is planned to be available in around 30 countries by the end of 2026.

Delivering the Future Together

GAC Commercial Vehicle will continue strengthening its products through vehicle R&D and manufacturing while connecting global users and partners through its open ecosystem to create greater value and advance its international growth.

Official Website: https://www.gaccv.com/

SOURCE GAC Commercial Vehicle

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NEW YORK, Sept. 14, 2026 /PRNewswire/ -- Fred Alger Management, LLC ("Alger"), a privately held growth equity investment manager, today announced the quarterly rebalancing of the Alger Russell Innovation Index ("Index"). Following the close of trading on Friday, September 18, 2026, the Index will be rebalanced, and the following changes will be effective.

For additional information, please visit www.lseg.com.

Unlock Your Growth Potential with Alger

Founded in 1964, Alger is recognized as a pioneer of growth-style investment management. Privately-owned and headquartered in New York City, Alger can help "Unlock Your Growth Potential" through a suite of growth equity separate accounts, mutual funds, ETFs, and privately offered investment vehicles. Alger's investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for more than 60 years. For more information, please visit www.alger.com.

Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies' earnings and may be more sensitive to market, political, and economic developments.

This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.

Alger pays compensation to third party marketers to sell various strategies to prospective investors.

London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). © LSE Group 2026. FTSE Russell is a trading name of certain of the LSE Group companies. "FTSE®" "Russell®", "FTSE Russell®" are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company's express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

SOURCE Alger

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PITTSBURGH, Sept. 14, 2026 /PRNewswire/ -- "I wanted to create an exciting new game with cards, dice, and chips that would provide added fun without electronics and video screens," said an inventor, from Markham, IL, "so I invented Roll@Risk. My design offers a point building game that allows players to collect and disperse chips based on the role of the dice. Plus, it is ideal for children and adults."

The patent-pending invention provides a fast-paced atmosphere designed to keep all engaged while enjoying time with family and friends. It also can be played by adults as an entertaining gambling game. In doing so, it offers added fun and entertainment by utilizing the results from every roll of the dice. Additionally, it offers an alternative to traditional card and board games by providing a twist of fate. The invention features a unique design that is easy to set up and play so it is ideal for ages 6 and older. A prototype model and technical drawings are available upon request.

The original design was submitted to the Chicago sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 25-CHK-6005, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.

SOURCE InventHelp

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JERSEY CITY, N.J., Sept. 14, 2026 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that Tenon Medical, Inc. (NASDAQ: TNON) ("Tenon" or the "Company"), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders has closed its previously announced warrant inducement agreement with an institutional investor to exercise outstanding warrants to purchase an aggregate of 572,179 of the Company's shares of common stock (the "Existing Warrants"). In consideration for the immediate exercise in full of the Existing Warrants for gross cash proceeds of $2,872,338.58, the exercising holder received new unregistered warrants (the "New Warrants") to purchase up to an aggregate of 858,269 shares of common stock (equal to 150% of the shares of common stock issued in connection with the exercise of the Existing Warrants) with an exercise price of $5.02 per share. The New Warrants are immediately exercisable on the date of issuance and will expire five years from the date of issuance.

The gross proceeds from the warrant inducement were $2,872,338.58, excluding any proceeds that may be received upon the exercise of the New Warrants and before deducting financial advisor fees and other expenses payable by the Company.

WallachBeth Capital acted as financial advisor for the warrant inducement transaction.

The New Warrants described above were offered in a private placement pursuant to an applicable exemption from the registration requirements of the Securities Act of 1933, as amended (the "Act") and, along with the shares of common stock issuable upon their exercise, have not been registered under the Act, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission ("SEC") or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock issuable upon exercise of the New Warrants (the "Resale Registration Statement").

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

About WallachBeth Capital LLC:

WallachBeth Capital offers a robust range of capital markets and investment banking services to the healthcare community, connecting corporate clients with leading institutions, supporting issuers and investors in achieving their financial goals. The firm's experience includes initial public offerings, follow-on issues, PIPE offerings, and private transactions and ATM's.

Forward-Looking Statements

This press release contains "forward-looking statements," which are statements related to events, results, activities or developments that Tenon expects, believes or anticipates will or may occur in the future. Forward-looking often contains words such as "intends," "estimates," "anticipates," "hopes," "projects," "plans," "expects," "seek," "believes," "see," "should," "will," "would," "target," and similar expressions and the negative versions thereof. These forward-looking statements, include, but are not limited to, statements regarding the completion of the Offering, the satisfaction of customary closing conditions related to the Offering and the anticipated use of proceeds therefrom. Such statements are based on Tenon's experience and perception of current conditions, trends, expected future developments and other factors it believes are appropriate under the circumstances, and speak only as of the date made. Forward-looking statements are inherently uncertain and actual results may differ materially from assumptions, estimates or expectations reflected or contained in the forward-looking statements as a result of various factors. For details on the uncertainties that may cause Tenon's actual results to be materially different than those expressed in any forward-looking statements, please review Tenon's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and updated from time to time in our Form 10-Q filings and in our other public filings on file with the SEC at www.sec.gov statements contain, particularly the information contained in the section entitled "Risk Factors." We undertake no obligation to publicly update or revise any forward-looking statements to reflect new information or future events or otherwise unless required by law.

SOURCE WallachBeth Capital LLC

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Thomson Reuters is now the only provider named a Leader across four IDC MarketScape categories: value-added tax, sales and use tax, global trade, and e-invoicing.

TORONTO, Sept. 14, 2026 /PRNewswire/ -- Thomson Reuters (TSX/Nasdaq: TRI), a global content and technology company, today announced that its e-invoicing and continuous transaction control (CTC) solution has been positioned as a Leader in the IDC MarketScape: Worldwide Compliant e-Invoicing 2026 Vendor Assessment (doc #EUR154882626, September 2026). Thomson Reuters was previously named a Leader in three IDC MarketScape reports for value-added tax*, sales & use tax*, and global trade**, which makes Thomson Reuters the only provider named a Leader across all four compliance categories.

"Being named a Leader again by IDC MarketScape is proof that our approach works: bringing tax determination, e-invoicing, continuous transaction controls, and regulatory intelligence together into one connected system is exactly the kind of innovation this market needs right now," said Ray Grove, Global Head of Product, at Thomson Reuters. "Compliance is becoming more digital, more continuous, and more fragmented every year, and we've built ONESOURCE Pagero to close those gaps before they become a challenge for our customers. That's what we believe leadership in this space looks like, and we intend to keep setting the pace."

Thomson Reuters ONESOURCE Pagero delivers e-invoicing and continuous transaction control (CTC) compliance across more than 90+ jurisdictions, serving more than 65,000 active e-invoicing customers today, connected through a business network that reaches approximately 14 million companies worldwide.

"Many organizations are moving beyond point compliance projects and looking for a more sustainable approach to managing e-invoicing obligations globally," said Kevin Permenter, Senior Director, Enterprise Applications Research at IDC. "Thomson Reuters brings together in-house regulatory expertise, global compliance coverage, and the scale and interoperability of the ONESOURCE Pagero network. That combination is particularly relevant for organizations looking to manage e-invoicing requirements consistently across diverse markets and trading ecosystems."

Notably, ONESOURCE Pagero was among the first few platforms accredited by the DGFiP as a Plateforme Agréée (the designation formerly known as PDP) and operates as the single Peppol access point for Chorus Pro, France's public B2G invoicing hub — meaning that as France's mandate comes into force, Thomson Reuters customers are ready to comply from day one.

ONESOURCE Pagero is part of Thomson Reuters portfolio of solutions meeting Fiduciary-Grade AI™ standards. It connects tax, trade, legal, and risk workflows on a single platform, combining e-invoicing and CTC with tax determination and regulatory intelligence. The result is a system that adapts as compliance requirements change, so customers are ready when new mandates take effect.

Thomson Reuters was also previously named a Leader in the IDC MarketScape: Worldwide Value-Added Tax Management Applications 2024 Vendor Assessment* (doc #US52732824, December 2024), the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sales and Use Tax Automation Software for Enterprise 2024 Vendor Assessment* (doc #US52035324, December 2024), and two 2025 IDC MarketScape reports for Worldwide Global Trade Management: IDC MarketScape: Worldwide Global Trade Management for Manufacturers and Exporters 2025 Vendor Assessment** (doc #US53604225, December 2025), and the IDC MarketScape: Worldwide Global Trade Management for Retailers and Importers 2025 Vendor Assessment** (doc #US51573724, December 2025).

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

Thomson Reuters

Thomson Reuters (TSX/Nasdaq: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, audit, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world-leading provider of trusted journalism and news. For more information, visit tr.com.

Media Contact

Vanessa Viegas

Manager, AI & Innovation Communications

[email protected] 

SOURCE Thomson Reuters

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Fourth Annual CBC Summit USA, covering Crypto Banking, Compliance and Stablecoins, Convenes September 17 at a Critical Moment for the Industry

WASHINGTON, Sept. 14, 2026 /PRNewswire/ -- The fourth annual CBC Summit USA - Crypto Banking, Compliance and Stablecoins Summit - will convene this week on Sept. 17, 2026, at the National Press Club in Washington, D.C., bringing together 200 executives, regulators, legislators and industry leaders at a pivotal moment for digital assets industry and the broader financial system.

CBC Summit USA is designed as an intimate, executive-level gathering where leaders from traditional financial institutions, cryptocurrency exchanges, fintechs, government agencies, law firms and compliance organizations can address shared challenges and develop new commercial and regulatory relationships.

The program will feature keynote discussions with the Wyoming Stable Token Commission and Congressman Kevin Kiley, along with interactive panel sessions incorporating audience questions.

The one-day program will feature discussions addressing some of the most important issues facing the sector, including:

- Rebuilding payment and settlement infrastructure using stablecoins;

- Tokenized deposits and the extension of commercial bank money onto blockchain infrastructure;

- Tokenized bonds, funds and other real-world assets;

- Banking relationships for institutional cryptocurrency exchanges;

- Modernizing AML/KYC through privacy-enhancing technologies and advanced risk-detection tools; and

- Federal Reserve master accounts, proposed "skinny" accounts and access to U.S. payment rails.

"For years, the banking and digital asset communities often approached these issues from opposite sides of the table," Joshua Radbod, Co-Founder & CEO of CBC Summit states. "CBC Summit was created to bring those communities, and their regulators, into the same room. Today, as stablecoins, tokenized deposits and digital assets become increasingly integrated with the traditional financial system, bringing these communities together has never been more important."

CBC Summit is proud to recognize BVNK, Chainalysis, Customers Bank, DaLand CUSO and zerohash as Platinum Sponsors of CBC Summit USA 2026.

Previous CBC Summit's have featured leaders from Coinbase, Kraken, Ledger, Binance, Stripe, Robinhood, Anchorage Digital Bank and Silicon Valley Bank, alongside government representatives from the National Credit Union Administration, U.S. Department of Justice, Office of Foreign Assets Control, IRS Criminal Investigation, Office of the Comptroller of the Currency and U.S. Department of the Treasury.

Registration and More Information

CBC Summit USA 2026 will take place on Sept. 17th, at the National Press Club in Washington, D.C. CBC Summit Europe will take place on 04 March 2027 in London.

For more info visit www.cbcsummit.io.

Media Contact: [email protected]

SOURCE CBC Summit

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