01.09.2026 – 13:28

Itsperfect

Itsperfect verkündet strategische Partnerschaft mit Armira für weiteres internationales Wachstum

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Baarn (NL) (ots)

Itsperfect, Marktführer für Enterprise-Resource-Planning-Software („ERP“) für Mode- und Lifestyleunternehmen in den Niederlanden mit Kunden in Deutschland, Belgien und Großbritannien, gibt den Start einer strategischen Partnerschaft mit Armira bekannt. Armira ist eine führende europäische Investmentholding spezialisiert auf langfristige Partnerschaften mit gründer- und familiengeführten Hidden Champions. Gemeinsam mit Armira setzt Itsperfect nun das bisherige internationale Wachstum insbesondere in Deutschland fort.

Internationales Wachstum und stetig mehr Kunden für die Plattform von Itsperfect zu gewinnen, hatte für den Mitgründer Stefan Methorst stets oberste Priorität. Gemeinsam mit Armira ist Itsperfect nun sehr gut positioniert, um an das starke Wachstum der vergangenen Jahre anzuknüpfen – mit Deutschland weiterhin im Fokus für die Expansion.

Itsperfect und Armira: eine strategische Partnerschaft für weiteres Wachstum

Itsperfect mit Sitz in Baarn ist Marktführer in den Niederlanden für ERP-Software für Mode- und Lifestyleunternehmen mit Kunden in Deutschland, Belgien und Großbritannien. Seit der Gründung 2013 hat sich Itsperfect zur bevorzugten ERP-Software in der Modebranche entwickelt, auf der Kunden ihre gesamten Geschäftsprozesse – von der Produktentwicklung über Großhandel und Einzelhandel bis hin zur Logistik – auf einer einzigen, integrierten Plattform verwalten können. Die Partnerschaft ist der nächste Schritt in Itsperfects Wachstumsstrategie – dabei setzt das Unternehmen weiterhin auf organisches Wachstum, treibt die europaweite Internationalisierung voran und baut die Organisation entsprechend aus.

Stärkung der internationalen Präsenz, insbesondere in Deutschland

Für die Stärkung der internationalen Präsenz ist vor allem Deutschland zentral für das nächste Wachstums-Kapitel von Itsperfect: Der weitere Ausbau der Präsenz in einem Markt, in dem Itsperfect bereits erfolgreich Kundenbeziehungen aufgebaut hat, ist der wesentliche nächste Schritt. Dabei profitiert Itsperfect von der umfangreichen Erfahrung und dem breiten Netzwerk, das Armira in die Partnerschaft einbringt. Das Ziel: in Deutschland die gleiche marktführende Position wie in den Niederlanden zu erreichen.

Strategischer Ausblick

Auch künftig führt Stefan Methorst als Mitgründer und Geschäftsführer das Unternehmen – unterstützt durch das bestehende, erfahrene Team. Im Zentrum steht weiterhin der konsequente Fokus auf Produktinnovation und Kundenzufriedenheit, die Basis für den Erfolg von Itsperfect seit 2013.

Gemeinsame Werte und Expertise als Grundlage der Partnerschaft

Hinter Armira steht eine breite Investorenbasis aus Familien, Unternehmern und langfristigem unternehmerischem Kapital, die dieselben unternehmerischen Werte vertreten wie Itsperfect. Zudem bringt Armira auch umfangreiche Erfahrung in der Skalierung und Internationalisierung von gründergeführten Unternehmen mit – Expertise, von der Itsperfect beim Ausbau seiner Präsenz in Deutschland direkt profitiert.

Stefan, Mitgründer und Geschäftsführer von Itsperfect, erläutert:

„Deutschland ist einer unserer wichtigsten internationalen Märkte und wir arbeiten dort bereits erfolgreich mit Kunden zusammen. Mit Armira an unserer Seite sind wir jetzt sehr gut aufgestellt, um zu skalieren und Itsperfect als bevorzugte ERP-Plattform für Mode- und Lifestyle-Marken in Deutschland zu etablieren. Auch unsere gemeinsamen Werte – Vertrauen, langfristiges Denken und eine kompromisslose Kundenfokussierung – waren entscheidend bei der Wahl von Armira als Partner.“

Hinweise für die Redaktion:

Itsperfect ( https://www.itsperfect.io/de)

Itsperfect ist Marktführer in den Niederlanden für ERP-Software für Mode- und Lifestyleunternehmen mit wachsender Präsenz in Deutschland, Belgien und Großbritannien. Das 2013 gegründete Unternehmen ermöglicht es Mode- und Lifestyle-Marken, ihre gesamten Geschäftsprozesse – von der Produktentwicklung über Großhandel und Einzelhandel bis hin zur Logistik – auf einer einzigen, integrierten Plattform zu verwalten, effizient zu arbeiten und in einer schnelllebigen Branche wettbewerbsfähig zu bleiben.

Armira (https://www.armira.de/)

Armira ist eine führende europäische Investmentholding, spezialisiert auf langfristige Partnerschaften mit gründer- und familiengeführten Hidden Champions. Armira verwaltet mehr als 5 Milliarden Euro und wird unterstützt von einer breiten Investorenbasis aus Familien, Unternehmern und langfristig orientierten Investoren. Armira stellt Kapital über den gesamten unternehmerischen Lebenszyklus hinweg bereit – von Minderheitsbeteiligungen im Wachstumsbereich bis hin zu Mehrheitsbeteiligungen.

Pressekontakt:

Itsperfect

Baarnsche Dijk 12C, 3741 LS Baarn, Niederlande

M: +31 (0)622415836

E: stefan@itsperfect.io

James Culverhouse (für Armira) Gründer & Head of Media Relations

M: +44 (0)7943 808 349

E: james@jamesculverhousecommunications.com

Original-Content von: Itsperfect, übermittelt durch news aktuell

Celebrate 75 Years of America's longest-running antique car show Old Car Festival Returns to Greenfield Village September 12-13

NEWS PROVIDED BY

The Henry Ford

Sep 01, 2026, 08:00 ET

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DEARBORN, Mich., Sept. 1, 2026 /PRNewswire/ -- The Henry Ford will host Old Car Festival, America's longest-running antique car show, in Greenfield Village on September 12 and 13.

Powered by Hagerty, Old Car Festival brings hundreds of vehicles from the 1890s through 1932 to Greenfield Village, where American history comes alive in the perfect setting.

Hundreds of vehicles from the 1890s through 1932 arrive from across the country to be perfectly set in the place where American history comes alive. Old Car Festival in Greenfield Village is a raucous ride, epitomizing the earnest optimism of the American Dream from the turn of the century to the Great Depression.

This year marks the 75th anniversary of Old Car Festival, The Henry Ford will celebrate this extraordinary milestone by honoring the people, traditions, and motor vehicles that have defined this special event for three-quarters of a century. Guests can walk through the village meeting owners who have passionately preserved their vehicles while listening to the distinctive sounds of century-old cars. The experience includes the Pass-in-Review Car Parade and an awards showcase featuring the best restored and unrestored cars, immersive historic vignettes, special demonstrations and more.

The antique car show brings Ragtime America and the Jazz Age to life with two days of historically-inspired street food, music, dancing and activities. Stay late Saturday evening for the Gaslight Parade of Cars, dancing with the River Raisin Ragtime Revue, and a Dixieland-style procession. This weekend is your chance to become immersed in the moving stories of the early automotive era, a true automobile lover's dream, as electric-, steam- and gas-powered engines are constantly in motion around you.

Old Car Festival will be open on Saturday, September 12, until 9 p.m., and operate on regular Greenfield Village hours on Sunday, September 13. This special event is free for members and included with Village admission. For more information, visit thf.org.

About The Henry Ford

Located in Dearborn, Michigan, The Henry Ford, a globally recognized destination, fosters inspiration and learning from hands-on encounters with artifacts that represent the most comprehensive collection anywhere focusing on innovation, ingenuity and resourcefulness in America. Its unique venues include Henry Ford Museum of American Innovation, Greenfield Village, Ford Rouge Factory Tour, Benson Ford Research Center, The Giant Screen Experience, and Henry Ford Academy, a public charter high school. Together with its online presence at thf.org and Invention Convention Worldwide, the growing affiliation of organizations fostering innovation, invention and entrepreneurship in K-12 students, The Henry Ford is a force for inspiring every individual to innovate, create and invent.

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Ribbon Bolsters Its Market-Leading Critical Infrastructure Portfolio USA - English

NEWS PROVIDED BY

Ribbon Communications Inc.

Sep 01, 2026, 08:00 ET

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New generation of routers delivers expanded routing, automation, security and synchronization capabilities

PLANO, Texas, Sept. 1, 2026 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in real-time communications technology, IP routing, and optical networking solutions, today announced the expansion of its critical infrastructure portfolio. The portfolio is designed to help utilities modernize increasingly complex operational networks while maintaining the reliability, security and deterministic performance required for essential services. Ribbon's experience spans hundreds of thousands of deployed network elements across the world, supporting some of the industry's most complex networks.

Utilities face growing pressure to modernize the grid, integrate distributed energy resources, improve reliability and strengthen cybersecurity. Meeting these requirements demands communications networks that support both legacy operational technologies and next-generation digital applications. Ribbon's market-leading critical infrastructure portfolio enables utilities to evolve confidently and at their own pace while preserving operational continuity and protecting mission-critical services.

"Utilities must modernize their networks, strengthen cyber resilience and support new digital grid initiatives without disrupting core operations," said Sam Bucci, EVP and COO at Ribbon. "Our expanded portfolio enables them to bridge legacy and next-generation requirements on a single, modern platform."

The new NPT 1022M and NPT 2104 build on the proven capabilities of existing platforms including the NPT 1012D and NPT 2714. Combined with Ribbon's IP rNOS routing software, optical networking portfolio and Muse multilayer automation platform (MAP), these technologies further strengthen Ribbon's ability to support the converged IT/OT communications networks that underpin modern utility operations.

Designed to address the demanding requirements of utility network modernization, Ribbon's solutions support teleprotection, SCADA, operational voice, always-on OT operations, deterministic packet transport (MPLS-TP, SR-TE), scalable IP/MPLS networking and class D timing for precise frequency and time synchronization across the grid.

These capabilities enable utilities to introduce advanced monitoring, automation, video, distributed energy resource management and smart grid analytics while modernizing their communications infrastructure without compromising operational continuity.

Ribbon's robust features includes:

Muse, which delivers critical infrastructure-focused automation and AI-enabled capabilities that simplify deployment, operations and management.

Advanced circuit emulation legacy for 64 kbit/s PCM services alongside advanced 100GbE and 400GbE interfaces

Built-in quantum-safe security and MACsec

IEC 61850 compliance and IEEE 1613 class B certification

Fully integrated IPoDWDM

"These innovations provide a strong foundation for utilities transitioning from TDM to IP-MPLS and segment routing architectures while preserving the reliability and performance essential to their operations," Mr. Bucci added. "They enable utilities to support both legacy and modern services on a common architecture while maintaining operational continuity."

About Ribbon

Ribbon Communications (Nasdaq: RBBN) is a global provider of voice communications software, IP routing, and optical networking to mobile and wireline service providers, enterprises, critical infrastructure and defense sectors. We support our customers' Path to Autonomous Networks by leveraging the latest AIOps automation platforms and Agentic AI technologies, helping them deliver better customer experiences, reduce operational costs, and achieve sustainable growth. To learn more about Ribbon, visit rbbn.com.

Important Information Regarding Forward-Looking Statements

The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication's products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Investor Contact

+1 (978) 614-8050

ir@rbbn.com

Media Contact

Catherine Berthier

+1 (646) 741-1974

cberthier@rbbn.com 

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How a Small IT Team Solved Juneau's Cruise-Season Dead Zone Without Hiring a Single Person

NEWS PROVIDED BY

Northriver IT

Sep 01, 2026, 08:00 ET

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When 16,000 extra visitors a day overwhelmed cellular networks in Alaska's capital, the city turned to Northriver IT for a fully managed public Wi-Fi network that now offloads over twenty terabytes of traffic and serves 103,000-plus unique users a month

JUNEAU, Alaska, Sept. 1, 2026 /PRNewswire/ -- Every summer, cruise season transforms downtown Juneau: up to sixteen thousand extra visitors a day, all reaching for their phones at once. Point-of-sale systems failed. Parking kiosks stopped working. Basic calls wouldn't connect. The downtown library became an accidental Wi-Fi hub, drawing crowds outside just to get a signal. After carriers offered no fix, the City and Borough of Juneau decided to build its own network and turned to Northriver IT to design, deploy, and manage it.

Working with Cambium Networks' ONE Network platform, Northriver IT stood up a high-density outdoor Wi-Fi 6 network anchored by 60 GHz wireless backhaul, avoiding the fiber trenching Juneau's mountainous, dock-heavy terrain would have required. Core infrastructure was live within roughly forty-five days. The network has since offloaded twenty to thirty-plus terabytes of cellular traffic and supported over 103,000 unique users in a single 30-day peak-season stretch — more than three times Juneau's year-round population with no added headcount or daily attention from the city's own IT staff.

"There was no cell phone signal or really spotty slow cell signal when the ships were in dock during summer tourism season." — Chris Murray, IT Director, City and Borough of Juneau

Seamless Passpoint 2.0 authentication let most visitors connect automatically with no password required; a detail city officials say was central to the network's success.

"We built this the way we build every network: solve the real problem, then get out of the way. Juneau's team shouldn't have to think about this Wi-Fi, and now they don't." — Chaz Hager, Northriver IT

Complaints dropped to zero during peak season. The network now runs on a seasonal schedule, remotely managed by Northriver IT with no daily lift from city staff, and Juneau is already planning coverage into more waterfront zones.

Click here to read the full story.

ABOUT NORTHRIVER IT

Northriver IT is a customer-focused managed services provider specializing in secure network infrastructure, cloud solutions, and cybersecurity. With 20 years of experience, we help organizations design, implement, and manage reliable technology environments that support long-term success. www.northriverit.com.

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Golden Isles Development Authority Builds on Momentum Through Strategic Investment, Business Growth, and Workforce Progress

NEWS PROVIDED BY

Golden Isles Development Authority

Sep 01, 2026, 08:00 ET

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Fiscal year 2026 brought $70 million in new investment alongside business expansion, workforce outreach, and site development that strengthened Brunswick and Glynn County's long-term economic competitiveness. 

BRUNSWICK, Ga., Sept. 1, 2026 /PRNewswire/ -- The Golden Isles Development Authority (GIDA) has released its 2026 Year in Review, highlighting another year of strategic progress as the organization attracted investment, supported existing industries, strengthened workforce initiatives, and advanced key development sites across Brunswick and Glynn County.

During fiscal year 2026, GIDA helped facilitate $70 million in new capital investment and 91 new jobs; aided the expansion of five existing businesses; expanded workforce outreach efforts that engaged approximately 6,000 educators, students, parents, and community members; and advanced industrial sites that will help position the Golden Isles for future business growth.

"This year, we continued bolstering the businesses that already call Glynn County home while attracting new investment and preparing sites for future opportunities," said Ryan Moore, President & CEO of the Golden Isles Development Authority. "Combined with our ongoing workforce initiatives, those efforts are helping to build the foundation for sustained economic growth across the Golden Isles."

GIDA's highlights from the fiscal year include:

Facilitated $70 million in new capital investment, creating 91 new jobs through Project Parrot, continued investment at Hillpointe, and other business activity.

Supported the expansion of five existing Glynn County employers: Troy Acoustics, Jered, Quaker City Plating, Brewer Technologies, and RSW.

Reached approximately 6,000 educators, parents, students, and community members through Keep Glynn Running workforce initiatives.

Increased visits to GIDA's available-property web pages by 144% and digital engagement across platforms by 38%, helping showcase Glynn County to prospective businesses and site selectors.

Advanced Mallard Industrial Park, expanding opportunities for future industrial development, along with construction of a new industrial entrance serving the Georgia Breakbulk Logistics Park.

Partnered with many of Glynn County's largest employers, including GP Cellulose, King and Prince Seafood, Gulfstream, Rich Products, and International Auto Processing.

The organization also exceeded its goal for consultant-driven business development, with 38% of project opportunities originating through site selection consultants and brokers, reflecting GIDA's investment in relationship-building and national business recruitment efforts.

Beyond business attraction, GIDA continued developing a broader workforce strategy to help employers recruit and retain talent while supporting the region's long-term economic growth.

"Our success is built on collaboration," said Bill Dawson, Chair of the GIDA Board of Governors and retired General Manager of Operations, Georgia Ports Authority. "Every project, every partnership, and every workforce initiative represents people working together to strengthen the Golden Isles. The accomplishments of fiscal year 2026 demonstrate GIDA's ongoing commitment to helping businesses and communities thrive."

For more information about GIDA's initiatives or to read the full 2026 Year in Review, visit https://goldenislesdev.com/report/.

About the Golden Isles Development Authority

The Development Authority is the organization that is tasked with the creation of jobs and investment in Glynn County through the retention, expansion, and attraction of business and industry. Its mission is to ensure that Brunswick and Glynn County have a strong business climate that encourages the growth of existing industries and is an attractive location for prospective businesses.

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Sentric Specialty and Neumann Advisory Services Announce Strategic Partnership for Product Safety Risk Management

NEWS PROVIDED BY

Sentric Specialty

Sep 01, 2026, 08:00 ET

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Exclusive relationship pairs Sentric Specialty's coverage for food and beverage companies with NAS's real-world product safety expertise to support clients before and after an event

NOVATO, Calif., Aug. 28, 2026 /PRNewswire/ -- Sentric Specialty today announced an exclusive strategic relationship with Neumann Advisory Services, LLC (NAS), a nationally recognized product safety and risk management advisory firm. Through this relationship, Sentric Specialty's eligible policyholders will receive exclusive access to NAS's specialized expertise in product safety, regulatory compliance, food safety, recall preparedness, crisis management and response, and enterprise risk reduction.

The relationship reflects a shared commitment to helping food and beverage manufacturers proactively identify, assess, and mitigate product-related risks before they become costly incidents, insurance claims, or public safety risks. By combining industry-leading underwriting capabilities with practical operational and regulatory expertise, Sentric Specialty is expanding the value it delivers well beyond traditional insurance coverage.

"Insurance is most valuable when it helps prevent losses, not simply respond to them," said Florian Beerli, CEO of Sentric Specialty. "This exclusive relationship allows us to offer our policyholders access to specialized expertise that helps strengthen risk management programs, improve operational resilience, and reduce both the frequency and severity of product-related events."

"Organizations today face increasingly complex product safety, regulatory, and supply chain risks," said Melanie Neumann, President of NAS. "Together with Sentric Specialty, we are creating a unique offering that gives policyholders access to practical, real-world guidance from experienced industry professionals before, during, and after critical events."

Unlike traditional insurance programs that primarily respond after a loss has occurred, this exclusive relationship integrates proactive risk management with insurance protection. Eligible policyholders gain access to experienced advisors who help identify vulnerabilities, strengthen preventive controls, improve recall readiness, and enhance organizational resilience, helping reduce operational disruptions, protect brand reputation, and lower the overall cost of risk. The result is a more comprehensive approach to product safety risk management that helps organizations prevent incidents whenever possible and respond more effectively when they occur. Brokers with questions can contact Nick Keyser, Global Head of Distribution, at nkeyser@sentricins.com.

About Sentric Specialty 

Sentric Specialty is a specialty managing general agent focused on niche and emerging risks. Built on the Balavant platform, Sentric gives brokers direct access to experienced underwriters who understand complex risks and are committed to delivering thoughtful, responsive service. Sentric Specialty's inaugural product, Manufacturing Defect Protection, closes a long-standing gap by expanding Product Recall coverage to include Manufacturers E&O. For more information, visit sentricins.com.

About Neumann Advisory Services, LLC 

NAS is a specialized product safety and enterprise risk management advisory firm providing strategic consulting, regulatory guidance, incident/crisis management, recall preparedness, and technical risk reduction services to manufacturers and consumer products companies. The firm's experienced professionals help organizations strengthen preventive controls, improve operational resilience, and protect consumers, brands, and business continuity. For more information, visit neumannadvisory.com.

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Kalohexis Appoints Garry Menzel, Ph.D., to Board of Directors

NEWS PROVIDED BY

Kalohexis

Sep 01, 2026, 08:00 ET

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Dr. Menzel brings over 30 years of global healthcare executive leadership with broad experience in building successful companies

NORTHBROOK, Ill., Sept. 1, 2026 /PRNewswire/ -- Kalohexis, Inc., a clinical-stage biotechnology company harnessing the melanocortin system to shape the next era of metabolic disease care starting with obesity and cancer cachexia, today announced the appointment of Garry Menzel, Ph.D., to its Board of Directors.

"Garry is a seasoned global healthcare executive with a very strong track record in advising and leading successful life sciences companies," said Russell Potterfield, Chief Executive Officer of Kalohexis. "He has used those skills in many situations that are relevant for Kalohexis and proven himself adept at integrating effectively with different teams to produce lifesaving therapies. I look forward to working with him as we advance our differentiated melanocortin-based approach to restoring metabolic balance."

Dr. Menzel is a senior global healthcare executive and investor with a diverse background in science, strategy, finance and operations. He currently serves as an Operating Partner at Global Healthcare Opportunities (GHO) Capital, Europe's leading healthcare specialist private equity firm. Previously, he was the President and Chief Executive Officer of oncology company TCR² Therapeutics, which he led from concept to clinical success while raising more than $500 million before its strategic merger with Adaptimmune in 2023. He also co-founded Black Diamond Therapeutics, a Fierce 15-winning clinical-stage precision oncology company and continues to serve on its Board of Directors where he is Chair of the Audit Committee. Prior executive leadership roles included serving as Chief Financial Officer of Fortune 500 company DaVita HealthCare Partners and as Chief Operating Officer of Regulus Therapeutics, which was sold to Novartis for $1.7 billion. Recently, he served on the Board of genetic disease company Stoke Therapeutics.

Dr. Menzel began his life sciences career in an advisory role, first as a strategy consultant with Bain then as an investment banker with Goldman Sachs and Credit Suisse where he led their global biotechnology franchises. During his investment banking tenure, Dr. Menzel worked on more than $100 billion in transactions, including many that were transformative for the industry. These ranged from IPOs to M&A.

"Kalohexis has the opportunity to transform the treatment of obesity with 710GO by enabling healthier, more durable weight loss in general obesity without the limitations seen with incretins, such as loss of lean muscle mass and weight rebound following treatment cessation," said Dr. Menzel. "I am passionate about developing novel therapies and look forward to working with Kalohexis as the team advances its melanocortin-based pipeline, which also includes mifomelatide for cancer cachexia, where there are currently no FDA-approved treatment options."

Dr. Menzel received his Ph.D. in Biochemistry and Molecular Biology from St. John's College, University of Cambridge, his M.B.A. from the Stanford University Graduate School of Business, and his B.Sc. with Honors in Biochemistry from Imperial College of Science & Technology, London.

About Kalohexis, Inc. 

Kalohexis, Inc. is a clinical-stage biotechnology company, spun out of Endevica Bio in March 2026, shaping the next era of metabolic disease care by harnessing the melanocortin system, the body's natural regulator of metabolic homeostasis, to help people live healthier lives. Kalohexis' therapeutic peptide candidates are designed to safely and effectively drug central melanocortin-3 and -4 receptors (MC3R/MC4R) to treat many metabolic disorders. Kalohexis' lead pipeline programs are 710GO, an oral dual MC3R/MC4R agonist to induce healthier, more durable weight loss in general obesity, and mifomelatide, a dual MC3R/MC4R antagonist to treat cachexia in patients with advanced cancers. For more information, visit www.kalohexis.com or follow us on LinkedIn and X. 

Investor and Media Contact:

Argot Partners

kalohexis@argotpartners.com

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Bausch Health Announces Availability of Solta Medical's Fraxel FTX® in Australia

NEWS PROVIDED BY

Bausch Health Companies Inc.

Sep 01, 2026, 08:01 ET

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The next generation in skin resurfacing technology is available to Australian health care practitioners beginning September 1, 2026

LAVAL, QC, Sept. 1, 2026 /PRNewswire/ -- Bausch Health Companies Inc. (NYSE: BHC)(TSX: BHC), a global, diversified pharmaceutical company, and its aesthetics business, Solta Medical, today announced the availability of Fraxel FTX® in Australia, expanding access to its latest skin resurfacing technology to Australian health care practitioners (HCPs) beginning September 1, 2026.

Building on more than 20 years of innovation in skin resurfacing, Fraxel FTX represents the next generation of the Fraxel® platform. Designed to support treatment precision, workflow efficiency and patient comfort, Fraxel FTX brings together trusted technology with meaningful refinements for modern aesthetic practice.

"Fraxel FTX builds on the trusted technology of the Fraxel platform, combining proven performance with enhancements designed to support today's aesthetic practices," said Jiny Kim, Senior Vice President, Solta Medical, Bausch Health. "We are pleased to make this technology available in Australia and continue supporting practitioners with solutions designed to meet the evolving needs of their patients."

Fraxel is one of the highly recognized treatments in skin resurfacing and may be used to address a range of common skin concerns, including the appearance of fine lines and wrinkles, lentigos and ephelides, acne scars and surgical scars, dyschromia including melasma, and actinic keratosis. With Fraxel FTX, Solta Medical continues to build on that clinical heritage with a system designed to support consistent treatment delivery across superficial and deeper skin layers.

"Fraxel has long been recognized by practitioners for its precision, versatility and clinical heritage," said Alistair McKeon, General Manager, Solta, ANZ & SEA. "With Fraxel FTX, we are bringing Australian healthcare practitioners an updated platform that builds on that trusted foundation while supporting ease of use, treatment consistency and patient comfort in everyday practice."

Key features and benefits of Fraxel FTX

Two wavelengths, one intelligent approach: Fraxel FTX uses dual wavelengths to enable targeted treatment at different tissue depths. The 1927 nanometer wavelength targets the epidermal layer, while the 1550 nanometer wavelength penetrates into the deeper dermis while also treating the epidermis.

Precision treatment delivery: As the tip moves over the skin, the laser treats a fraction of the skin at a time, creating a large number of microscopic treatment zones in a dot-like pattern. By leaving surrounding tissue intact, the system is designed to support rapid healing.

Intelligent Optical Tracking™ with AccuTRAC®: The patented optical system calculates hand motion during treatment to help support proper skin contact, dosimetry and uniform delivery, while making laser firing more efficient.

Redesigned ergonomic handpiece: The handpiece features a 20% reduction in circumference and weight, and is designed to improve field of view, treatment precision and ease of handling.

Integrated cooling designed for patient comfort: Cooling is routed through the handpiece and tip directly to the skin, with airflow directed at the treatment area.

Refreshed treatment interface: The guided user interface is designed to facilitate treatment settings, total and estimated energy visibility, handpiece speed, and color change between wavelengths.

Modern console design: Fraxel FTX features an updated console with an integrated arm and cable assembly, in line with the Solta product family.

Fraxel FTX is a highly versatile and recognized treatment in aesthetics, designed to address five common skin concerns contributing to skin health: the appearance of fine lines and wrinkles, lentigos and ephelides, acne scars and surgical scars, dyschromia including melasma, and actinic keratosis.

Solta Medical supports health care practitioners with more than technology alone. In Australia and New Zealand, that includes clinical education, practical training and ongoing business support designed to help practitioners build confidence in treatment delivery and support long-term practice growth.

To learn more, visit soltamedical.com.au.

INDICATIONS

The Fraxel FTX® Laser System is indicated for:

Fraxel® 1550 nm wavelength is indicated for dermatological procedures requiring the coagulation of soft tissue; skin resurfacing procedures; treatment of dyschromia and cutaneous lesions, such as, but not limited to lentigos, solar lentigos, actinic keratosis, and melasma; and treatment of periorbital wrinkles, acne scars, and surgical scars. 

Fraxel® 1927 nm wavelength is indicated for dermatological procedures requiring the coagulation of soft tissue; treatment of actinic keratosis; treatment of pigmented lesions, specifically lentigos, solar lentigos, and ephelides.

IMPORTANT SAFETY INFORMATION

Contraindications

Do not use on any patient who is ineligible for general surgery.

Pre-screening should include, but not be limited to:

Predisposition to keloid formation or excessive scarring.

Changes following surgery.

Skin indentations and textural changes following surgery.

Systemic steroids (e.g. prednisone, dexamethasone), which should be rigorously avoided prior to and throughout the course of treatment.

Patients undergoing isotretinoin acne treatment or with drugs in a similar class.

Medical judgement should be used when treating patients with a predisposition to post inflammatory hyperpigmentation (PIH).

Warnings and Cautions

Protective eyewear or goggles should be worn by any patient, operator and assistant.

Medical judgement should be used when treating patients with certain medical conditions.

Improper use of Fraxel® may cause personal injury or damage to the system.

Adverse Events

The following may be associated with Fraxel® laser treatment: Blistering and burns; Temporary or permanent skin discoloration; Eye injury; Infection; Keloid formation; Prolonged redness; Scarring; Delayed wound healing / skin textural changes and Temporary bruising.

The Fraxel FTX® Laser System is Rx Only. See the Operator Manual for detailed directions, proper use, and full risk and safety information. For additional product information see www.fraxel.com/hcp. 

CAUTION: Federal (USA) law restricts this device to the sale by or on the order of a physician. To learn more about the Fraxel FTX® and how it can benefit your practice, contact Solta Medical.

About Bausch Health

Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC) is a global, diversified pharmaceutical company enriching lives through our relentless drive to deliver better health care outcomes. We develop, manufacture and market a range of products primarily in gastroenterology, hepatology, neuroscience, dermatology, dentistry, aesthetics, international pharmaceuticals and eye health, through our controlling interest in Bausch + Lomb Corporation. Our aesthetic business, Solta Medical, is a global leader in the aesthetics market, whose vision is to develop and support trusted aesthetic brands that provide value to our customers and patients. More information about Solta Medical can be found at www.solta.com. Our ambition is to be a globally integrated healthcare company, trusted and valued by patients, HCPs, employees and investors. For more information about Bausch Health, visit www.bauschhealth.com and connect with us on LinkedIn. 

Forward-looking Statements

This news release may contain forward-looking statements within the meaning of applicable securities laws, including the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may generally be identified by the use of the words "will," "anticipates," "hopes," "expects," "intends," "plans," "should," "could," "would," "may," "believes," "subject to" and variations or similar expressions. These statements are neither historical facts nor assurances of future performance, are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Actual results are subject to other risks and uncertainties that relate more broadly to Bausch Health's overall business, including those more fully described in Bausch Health's most recent annual and quarterly reports and detailed from time to time in Bausch Health's other filings with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. The Company undertakes no obligation to update any of these forward-looking statements to reflect events, information or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.

Fraxel® is a trademark of Solta Medical, Inc. or its affiliates.

©2026 Solta Medical, Inc. or its affiliates

Investor Contact:

Media Contact:

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Katie Savastano

ir@bauschhealth.com

 corporate.communications@bauschhealth.com

(877) 281-6642 (toll free)

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BHC-PRODUCTS

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CITGO Strengthens Lake Charles Refinery's Future with $310 Million Project

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CITGO Petroleum Corporation

Sep 01, 2026, 08:00 ET

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Investment supports long-term refinery viability, regional economic stability and reliable U.S. fuel supply

HOUSTON, Sept. 1, 2026 /PRNewswire/ -- CITGO Petroleum Corporation is advancing its Lake Charles Refinery Depentanizer Project, a $310 million investment that supports the long-term competitiveness of one of the nation's largest and most complex refineries.

The project will add new facilities and equipment to improve naphtha upgrading capabilities at the Lake Charles Refinery by converting lower-value streams into higher-value gasoline blend components. Once complete, the project is expected to increase refinery flexibility and enhance CITGO's ability to meet continued U.S. demand for reliable transportation fuels.

"The Depentanizer Project reflects CITGO's commitment to disciplined investments that enhance the strength and resilience of our refining system," said Edgar Rincon, CITGO Executive Vice President and Chief Operating Officer. "It also reinforces the strategic importance of the Lake Charles Refinery to our company, our customers and the broader U.S. energy market."

For Southwest Louisiana, the investment represents more than an operational upgrade. It reinforces the long-term future of the Lake Charles Refinery, supports the refinery's existing workforce and creates additional contract work during construction. The project also extends opportunities for local suppliers and service providers that are part of the region's energy economy.

"For generations, the Lake Charles Refinery has helped power Southwest Louisiana's economy and identity," said Sterling Neblett, CITGO Lake Charles Refinery Vice President and General Manager. "This project reflects our confidence in the refinery's future and our commitment to supporting the people, businesses and communities connected to its success."

The Lake Charles Refinery has deep roots in Louisiana. The facility began operations in 1944, originally supporting the country's need for aviation fuel during World War II. Over the decades, it has grown into CITGO's largest refinery and a cornerstone of the company's refining network, producing gasoline, diesel, jet fuel, petrochemicals and other products used by consumers and industries across the country.

Located along the Calcasieu Ship Channel, the refinery is strategically positioned to receive and process a diverse slate of crude oils and move refined products to key markets through pipelines, marine access and other logistics channels. The Depentanizer Project builds on that strong asset base by enhancing Lake Charles' ability to process domestic light crude and produce additional gasoline components.

The project is expected to be operational in 2029. CITGO will continue to work with employees, contractors and local stakeholders as engineering, construction and commissioning activities advance.

About CITGO

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, La.; Lemont, Ill.; and Corpus Christi, Texas, and wholly and/or jointly owns 43 active terminals, eight pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 829,000 barrels-per-day (bpd), CITGO ranks as the fifth largest and is one of the most complex independent refiners in the United States. CITGO transports and markets transportation fuels, lubricants, petrochemicals and other industrial products, and supplies a network of approximately 4,000 locally owned and independently operated branded retail outlets. CITGO Petroleum Corporation is owned by CITGO Holding, Inc.

SOURCE CITGO Petroleum Corporation

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Ascend Analytics Surpasses 5 GW of Battery Storage Assets Managed with SmartBidder

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Ascend Analytics

Sep 01, 2026, 08:00 ET

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Ascend is the largest independent provider of bid optimization to the U.S. battery storage market, with more than 30 customers and assets spanning ERCOT, CAISO and PJM

BOULDER, Colo., Sept. 1, 2026 /PRNewswire/ -- Ascend Analytics ("Ascend"), the leading provider of market intelligence and analytics solutions for the power industry, today announced that its SmartBidder™ platform now optimizes more than 5.2 gigawatts (GW) of operating battery energy storage capacity in U.S. wholesale power markets. The milestone reflects live, commercially operating assets under active management and further establishes Ascend as the largest independent provider of bid optimization services to the U.S. storage market.

The operating portfolio spans three markets and more than 30 customers, with approximately 4 GW under management in ERCOT, 1 GW in CAISO and 200 megawatts (MW) in PJM. Ascend crossed the 5 GW threshold in the second quarter of 2026 with the onboarding of assets for California Community Power, a Joint Power Agency, and San Diego Community Power, a Community Choice Aggregator (CCA), that have contracted storage capacity to serve loads they manage directly or on behalf of their members.

"Five gigawatts is a significant milestone and tells part of the story. What is equally impressive is the breadth of assets behind that number. SmartBidder optimizes everything from 3-megawatt batteries to 300-megawatt batteries, one-hour to eight-hour durations, standalone, hybrid and resources co-located with wind and solar facilities, operating in three ISOs under unique market rules," said Michael Huisenga, Managing Director, Bid Optimization at Ascend Analytics. "Load-serving entities, in particular, are taking on market exposure with a new asset class they may not have managed before. Leveraging the experience of the SmartBidder solution and our team of experts to deploy customized, risk-constrained, automated bidding strategies gives them the tools to achieve their portfolio objectives."

Longer-duration storage is a growing share of Ascend's portfolio, with SmartBidder managing one of the first eight-hour duration batteries to reach commercial operation in CAISO, as well as one of the first four-hour duration batteries to come online in ERCOT. Ascend has also been an early mover in PJM, where it has optimized storage for more than two years and now manages 200 MW of operating capacity. Most of the operating storage fleet in PJM are short duration (1hr) batteries that were deployed to provide frequency regulation service only. Ascend is one of very few providers running bid optimization for longer-duration resources (2-4hrs) that provide frequency regulation, reserves, and energy arbitrage services, while adapting the bidding algorithms to successive market rule changes along the way.

"Storage is becoming the balancing resource for the U.S. power system, and the economics of every one of these assets come down to how well it is bid into the market," said Matt Tormollen, Chief Executive Officer of Ascend Analytics. "Ascend's forecasts sit at the foundation of more than $50 billion in project financing assessments. Managing more than 5 gigawatts of operating storage means we also see how those assets perform hour by hour, in real markets, under real conditions. That lifecycle, from long-term valuation through to real-time dispatch, is why utilities and power producers increasingly choose Ascend to help navigate rapidly shifting power markets."

SmartBidder combines probabilistic short-term price forecasting with configurable opportunity cost-based bid optimization in one seamless automated solution, allowing storage operators to capture value across day-ahead and real-time markets for energy and ancillary services, while managing state of charge, degradation and contractual constraints.

Additional information can be found at https://www.ascendanalytics.com/solutions/smartbidder. 

About Ascend Analytics

Ascend Analytics is the leading provider of market intelligence and analytics solutions for the power industry. The company's offerings enable decision makers in power supply, procurement, and investment markets to plan, operate, monetize, and manage risk for renewable energy and storage assets. From real-time to 30-year horizons, their forecasts and insights are at the foundation of over $50 billion in project financing assessments. Ascend provides energy market stakeholders with the clarity and confidence to successfully navigate the rapidly shifting energy landscape.

SOURCE Ascend Analytics

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