New soft armor innovation combines proven Kevlar® XP technology with Kevlar® EXO™ fiber to enable next-generation body armor designs with enhanced comfort, mobility, and durability

ALPHARETTA, Ga., Oct. 12, 2026 /PRNewswire/ -- Arclin, a leading materials science company, today announced the launch of Kevlar® EXO™ XP E480, the latest innovation in its personal protection portfolio.

Combining the proven ballistic and trauma-reduction performance of Kevlar® XP technology with the advanced capabilities of Kevlar® EXO™ fiber, the new solution enables body armor manufacturers to achieve significantly lighter weight while meeting NIJ Level IIIA/HG2 protection requirements, helping improve wearer comfort, mobility, and operational effectiveness.

"Protective equipment is only effective if users can wear it comfortably throughout their entire mission," said Joe Hovanec, Arclin's Vice President of Kevlar® EXO™. "With Kevlar® EXO™ XP E480, manufacturers can achieve armor that is up to 25% lighter and provides up to 40% greater comfort*, helping reduce fatigue while maintaining the trusted protection users depend on."

Engineered to perform in demanding field conditions, Kevlar® EXO™ XP E480 combines high stopping power, excellent bullet-flattening performance, and exceptional durability in a lighter-weight construction. The material's unique fiber architecture also helps reduce layer counts and stitching requirements, enabling streamlined armor designs and potentially lowering manufacturing complexity and labor costs.

Kevlar® EXO™ XP E480 is now available for evaluation to customers worldwide. To learn more, visit XPE480 - Arclin.

About Arclin

Arclin is a leading materials science company and manufacturer of polymer technologies, engineered products, and specialized materials for the construction, agriculture, transportation infrastructure, weather & fire protection, pharmaceutical, nutrition, electronics, design, and other industries. Headquartered in Alpharetta, Georgia, Arclin has offices and manufacturing facilities across North & South America, Europe, and Asia and serves customers worldwide. For more information, visit www.arclin.com.

Arclin Media Contact

Jana Wright

Chief Marketing & Communications Officer

[email protected]

*vs. XP K520 for level IIIA/HG2 NIJ.

Kevlar® and Kevlar® EXO™ are registered trademarks of Arclin.

SOURCE Arclin

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VANCOUVER, BC, Oct. 12, 2026 /PRNewswire/ -- Energy Metal News News Commentary - The long-term uranium price ended September at $96.50 per pound, above the $95 peak reached in 2007, while the spot price closed the month at $89.63, according to figures published by Cameco. The prices that utilities agree to pay years in advance are now running ahead of the spot market, a sign that buyers are planning for tighter supply later in the decade. Producers, developers and lithium suppliers spent the past two weeks reporting results, signing offtake agreements and reorganizing their portfolios. Active Companies from around the markets with current developments this week include: Cameco Corporation (NYSE: CCJ), Uranium Energy Corp. (NYSE American: UEC), enCore Energy Corp. (NASDAQ: EU), Elevra Lithium Limited (NASDAQ: ELVR), National Energy Services Reunited Corp. (NASDAQ: NESR).

Uranium equities have not followed contract prices higher. As of early October, Cameco shares were down 6.9% for the year and 11.6% over the prior month, and the VanEck Uranium and Nuclear ETF (NLR) was down 16.4% year to date, according to Yahoo Finance. Market observers have pointed to utilities' slow pace of new term contracting as one reason the record contract price has not yet translated into share price gains.

Policy support for new reactors continued to build. On September 30, the United States and the Republic of Korea announced a framework anticipating about US$120 billion of Korean investment to help deploy Westinghouse reactor technology in the United States, covering up to six AP1000 units and up to two APR1400 units. The terms are non-binding and subject to final negotiations, definitive agreements, site identification, regulatory approvals and financing.

In lithium, Chinese battery-grade lithium carbonate averaged 122,350 yuan per tonne on October 9, according to Shanghai Metals Market, as buyers returned cautiously after the National Day holiday. Producers outside China continued to secure long-term buyers and new extraction projects.

CONTINUED... Read the weekly sector breakdown in The Roadmap at: stockpreachers.com

In other industry developments and happenings in the market this week include:

Cameco Corporation (NYSE: CCJ)

Cameco, which holds a 49% interest in Westinghouse, acknowledged the U.S.-Korea framework on September 30. Westinghouse is expected to receive about US$2 billion in value per APR1400 unit through intellectual property licensing, engineering and procurement services, subcontracting and long-term fuel fabrication supply. The framework also contemplates a potential Korean equity investment in Westinghouse, which Cameco does not expect to change its ownership interest.

"Cameco remains focused on supporting the US government's objective of quadrupling US civil nuclear capacity by 2050," said Tim Gitzel, CEO of Cameco.

Uranium Energy Corp. (NYSE American: UEC)

Uranium Energy reported fiscal 2026 production of 229,294 pounds of uranium for the year ended July 31, and sold 400,000 pounds from inventory at a weighted average realized price of $93.13 per pound for revenue of $37.3 million. The company held $753 million in liquid assets, including $495 million in cash, with no debt, and 1,256,000 pounds of U3O8 in inventory.

"In fiscal 2026, UEC became a multi-mine uranium producer," said Amir Adnani, President and CEO. "We enter fiscal 2027 debt-free with an exceptional balance sheet and the ability to fund our ongoing growth."

enCore Energy Corp. (NASDAQ: EU)

enCore completed the distribution of 35,000,000 common shares of Verdera Energy Corp., which holds its New Mexico in-situ recovery uranium assets, to enCore shareholders as a special dividend on September 30. enCore retains about 15 million Verdera shares and is now focused on its South Texas operations, its South Dakota project and its U.S. project pipeline.

"Completing the Verdera distribution delivers on our commitment to put value directly in the hands of enCore shareholders," said Rich Little, Chief Executive Officer of enCore.

Elevra Lithium Limited (NASDAQ: ELVR)

Elevra signed a binding offtake agreement with LG Energy Solution on October 7 for 240,000 dry metric tonnes of spodumene concentrate over four years from its operating North American Lithium project in Quebec, with supply beginning later this year. Elevra CEO and Managing Director Lucas Dow described LG Energy Solution as 'a committed customer for a meaningful portion of NAL's production'.

National Energy Services Reunited Corp. (NASDAQ: NESR)

NESR signed an agreement with Saudi Aramco on October 8 to deliver the Aramco 2027 Lithium Demonstration Project, described as the region's first direct lithium extraction project. The project is designed to produce 2,000 tonnes per year of battery-grade lithium carbonate using NESR's LiThara platform, with commissioning planned for late 2027. The contract runs up to five years with a value of approximately US$200 million.

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SOURCE Energy Metal News

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HELLERUP, Denmark, Oct. 12, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of 2026, TORM has increased its full-year guidance for 2026.

TORM now expects full-year 2026 TCE to be in the range of USD 1,700 – 1,900m and full-year 2026 EBITDA to be in the range of USD 1,300 – 1,500m, compared to previous guidance of TCE of USD 1,400 – 1,600m and EBITDA of USD 1,000 – 1,200m.

"Exceptional market strength and strong execution have led us to raise our full-year guidance to new record levels. Our scale and agility support our track record of market-leading performance," said Jacob Meldgaard, CEO of TORM.

The guidance upgrade reflects stronger-than-previously-anticipated earnings visibility, supported by TORM's current forward freight coverage and continued favorable market conditions across the product tanker market.

TORM expects to publish its third quarter 2026 financial results on 4 November 2026, providing an update on market developments, commercial performance and earnings for the period.

Contact

Mikael Bo Larsen, Head of Investor Relations

Tel.: +45 5143 8002

About TORM

TORM is one of the world's leading carriers of refined oil products. TORM operates a fleet of product tanker vessels with a strong commitment to safety. environmental responsibility and customer service. TORM was founded in 1889 and conducts business worldwide. TORM's shares are listed on Nasdaq in Copenhagen and on Nasdaq in New York (NASDAQ: TRMD A) (NASDAQ: TRMD) (ISIN: GB00BZ3CNK81) . For further information, please visit www.torm.com.

Safe Harbor Statement as to the Future

Matters discussed in this release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are statements other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. Words such as, but not limited to, "expects," "anticipates," "intends," "plans," "believes," "estimates," "targets," "projects," "forecasts," "potential," "continue," "possible," "likely," "may," "could," "should" and similar expressions or phrases may identify forward-looking statements.

The forward-looking statements in this release are based upon various assumptions, many of which are, in turn, based upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, the Company cannot guarantee that it will achieve or accomplish these expectations, beliefs, or projections.

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, our future operating or financial results; changes in governmental rules and regulations or actions taken by regulatory authorities; inflationary pressure and central bank policies intended to combat overall inflation and rising interest rates and foreign exchange rates; general domestic and international political conditions or events, including "trade wars" and the war between Russia and Ukraine, the developments in the Middle East, including the war in Israel and the Gaza Strip, and the conflict regarding the Houthis' attacks in the Red Sea; international sanctions against Russian oil and oil products; changes in economic and competitive conditions affecting our business, including market fluctuations in charter rates and charterers' abilities to perform under existing time charters; changes in the supply and demand for vessels comparable to ours and the number of newbuildings under construction; the highly cyclical nature of the industry that we operate in; the loss of a large customer or significant business relationship; changes in worldwide oil production and consumption and storage; risks associated with any future vessel construction; our expectations regarding the availability of vessel acquisitions and our ability to complete acquisition transactions planned; availability of skilled crew members other employees and the related labor costs; work stoppages or other labor disruptions by our employees or the employees of other companies in related industries; effects of new products and new technology in our industry; new environmental regulations and restrictions; the impact of an interruption in or failure of our information technology and communications systems, including the impact of cyber-attacks, upon our ability to operate; potential conflicts of interest involving members of our Board of Directors and Senior Management; the failure of counterparties to fully perform their contracts with us; changes in credit risk with respect to our counterparties on contracts; adequacy of insurance coverage; our ability to obtain indemnities from customers; changes in laws, treaties or regulations; our incorporation under the laws of England and Wales and the different rights to relief that may be available compared to other countries, including the United States; government requisition of our vessels during a period of war or emergency; the arrest of our vessels by maritime claimants; any further changes in U.S. trade policy that could trigger retaliatory actions by the affected countries; the impact of the U.S. presidential and congressional election results affecting the economy, future government laws and regulations and trade policy matters, such as the imposition of tariffs and other import restrictions; potential disruption of shipping routes due to accidents, climate-related incidents, adverse weather and natural disasters, environmental factors, political events, public health threats, acts by terrorists or acts of piracy on ocean-going vessels; damage to storage and receiving facilities; potential liability from future litigation and potential costs due to environmental damage and vessel collisions; and the length and number of off-hire periods and dependence on third-party managers.

In the light of these risks and uncertainties, undue reliance should not be placed on forward-looking statements contained in this release because they are statements about events that are not certain to occur as described or at all. These forward-looking statements are not guarantees of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements.

Except to the extent required by applicable law or regulation, the Company undertakes no obligation to release publicly any revisions or updates to these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Please see TORM's filings with the U.S. Securities and Exchange Commission for a more complete discussion of certain of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/torm-plc/r/torm-plc-upgrades-full-year-guidance,c4407660

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SOURCE Torm PLC

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RTX's Raytheon to advance target-detection capabilities for naval radars

Software‑driven upgrades to increase range and efficiency

PORTSMOUTH, R.I., Oct. 12, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a contract from the Office of Naval Research (ONR) to develop advanced target‑detection capabilities for naval radar systems.

Under the contract, Raytheon's Advanced Technology team will develop and evaluate advanced signal and data-processing algorithms and integrate targeted software upgrades to significantly extend detection range, increase sensitivity and improve radar-system efficiency. These enhancements will undergo rigorous laboratory and field testing to validate performance and operational use, preparing them for transition into Raytheon's SPY‑6 family of radars and other future naval radars.

"Modernizing fielded radar systems with software-first upgrades is one of the fastest and most cost-effective ways to deliver mission-ready capability," said Colin Whelan, president of Advanced Technology at Raytheon. "These enhancements will enable naval operators to detect smaller objects at greater distances and classify targets more quickly, providing the fleet with faster, more informed decision‑making."

The program continues Raytheon's extensive work in software-defined apertures and leverages knowledge gained from prior ONR initiatives, including ASPIRE and STORM, which established foundational hardware and software advancements for next-generation radar capability.

Work under this contract will be conducted at Raytheon facilities in Portsmouth, R.I., and Andover, Massachusetts, through 2031.

Raytheon is significantly expanding its engineering workforce to support critical military programs. Opportunities are available for emerging talent, experienced professionals, and veterans. Discover open roles on our website and apply today.

About Raytheon

Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX

With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact [email protected].

Distribution Statement A: Approved for public release, distribution is unlimited.

SOURCE RTX

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Havoc Awarded SBIR Phase III Contract by Army Applications Laboratory for Multi-Domain Mission Collaborative Autonomy

PROVIDENCE, R.I., Oct. 12, 2026 /PRNewswire/ -- Havoc, the collaborative autonomy software company, today announced it has been awarded a Small Business Innovation Research (SBIR) Phase III contract from the Army Applications Laboratory (AAL). The award will fund continued development of Havoc's collaborative-autonomy capabilities for logistics resupply across multiple hardware platforms.

The contract builds on Havoc's work under xTech Overwatch, where the company's technology was selected from a field of more than 40 competing vendors. Since then, Havoc's team has worked to demonstrate that its autonomy software can operate across domains, orchestrating the delivery of critical resupply to Soldiers via both air and ground platforms.

"This award does more than fund the next phase of our work with the Army," said Paul Lwin, CEO of Havoc. "The Phase III designation means any agency in the federal government, not just the Department of War, can now bring Havoc on board through a streamlined, non-competitive path, drawing on the work we've already proven out. We built this technology to solve a Department of War logistics problem, and now the door is open for it to solve similar problems anywhere in government."

Havoc credited the Army Applications Laboratory and the SBIR program with creating a pathway that moves quickly from demonstrated capability to fielded contract.

Under the new contract, Havoc will expand its multi-domain capabilities to orchestrate the delivery of critical resupply to Soldiers via air and ground platforms, in direct response to a need identified by its customer at Overwatch/Pegasus Charge, 1st Cavalry Division.

About Havoc

Havoc is a leader in all-domain collaborative autonomy. Its software-defined hardware approach powers military and commercial-grade autonomous systems across sea, air, and land to sense, decide, and act together in complex and contested environments. Havoc connects assets, enabling them to share information, adapt in real time, and continue operating even when communications are disrupted or denied. Havoc optimizes mission performance and minimizes human risk. Learn more at havocai.com.

SOURCE Havoc AI

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SAGE TECHNOLOGIES LEADS INDUSTRY IN DIGITIZATION OF MILITARY NIGHT VISION GOGGLES

Company Addresses Market Challenges and Integration of AI Applications

WASHINGTON, Oct. 12, 2026 /PRNewswire/ -- AUSA 2026 -- Sage Technologies, an innovator in low-latency digital data processing and defense electronics, announced today the release of its DPVS military-grade digital night vision goggles. DPVS is designed to address the Department of War's (DOW) current requirements around soldier-borne digital vision and soldier connectivity. Leveraging expertise gained from the IVAS program, the new product leads the industry in quality of low-light performance, matching current analog NVG systems in the market today. Unlike analog systems, Sage's digital version allows for the benefits of advanced technology, including real-time command and control data sharing as well as the integration of AI.

Utilizing commercially available components and the Army's MOSA strategy (Modular Open Systems Approach), Sage's night vision technology is designed to deliver real-time situational awareness for military personnel, civil agencies, and first responders.

"Our mission at Sage Technologies has always been to solve complex, real-world problems on the front line leveraging the latest technologies available," said Steve Cantrell, CEO and President of Sage Technologies. "By fusing advanced digital sensors with real-time data processing, this system provides operators with situational awareness in the modern connected battlefield."

Building on Sage's legacy as a trusted supplier to the DOW for over 30 years, the DPVS goggles integrate low-light sensors and real-time computing to ensure 24/7 operational capability where traditional analog night vision systems fall short.

Key features of the new digital night vision platform include:

- Advanced Sensor Integration: Offers the best low-light visible (LLVis) sensor on the market for high-resolution optical imaging in degraded visual environments.

- Ability to integrate AI: Enables state-of-the-art image enhancement software onboard the platform.

- Ultra-Low Latency Processing: Leverages Sage's proprietary embedded processing to provide ultra-fast digital data processing, eliminating display lag for high-tempo operations.

- Tactical Network Compatibility: Integrates seamlessly with tactical Android systems (such as ATAK) to display real-world situational awareness data directly to the operator's display.

- Helmet-Mounted Design: Engineered specifically for dynamic tactical environments, with a fit for all common helmets.

For more information about Sage Technologies leading advanced digital solutions visit www.gosage.com.

About Sage Technologies

Sage Technologies is a design, engineering, and manufacturing firm specializing in advanced electronics, embedded FPGA systems, and vision sensor integration. For over three decades, Sage has served as a primary developer of integrated vision and situational awareness solutions for the U.S. Department of War, civil agencies, and commercial industries around the globe.

Media Contacts:

Hope Rhoads

SmartMark Communications for Sage Technologies

Email: [email protected]

Phone: 817-696-5295

Website: smartmarkglobal.com

Ofir Shavit

Sage Technologies

Email: [email protected]

Phone: (215) 658-0500 ext. 205

Website: www.gosage.com

SOURCE Sage Technologies

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Former CFTC Senior Counsel Danielle Abada joins Mayer Brown

NEW YORK, Oct. 12, 2026 /PRNewswire/ -- Mayer Brown today announced that Danielle Abada has joined the firm's Capital Markets practice as a partner in the New York office. She joins the firm from the U.S. Commodity Futures Trading Commission (CFTC), where she served as Senior Special Counsel in the Market Participants Division and previously served as Senior Counsel to CFTC Commissioner Kristin N. Johnson.

"We're pleased to welcome Danielle to our firm," said firm Chair Jon Van Gorp. "Her experience at the CFTC will benefit clients as they navigate a rapidly evolving derivatives and digital assets regulatory environment that has seen significant innovation and market growth."

At the CFTC, Danielle advised on complex legal, regulatory, and policy matters affecting CFTC-regulated entities and advanced the Commission's priorities on regulatory and market developments, including crypto assets and blockchain technologies, prediction markets and event contracts, and artificial intelligence.

Prior to her government service, in private practice, Danielle represented financial institutions and fintechs on a broad range of regulatory, compliance, transactional, and legislative matters. She also advised clients on the use of emerging and evolving technologies, including distributed ledgers, digital assets, and artificial intelligence. Danielle has represented banks, swap dealers, broker-dealers, exchanges, asset and investment managers, hedge funds and proprietary trading firms in a range of banking, derivatives and securities regulatory and transactional matters.

Danielle joins lawyers in the firm's preeminent Derivatives & Structured Products and Fintech practices. Mayer Brown has been named "Americas Law Firm of the Year (Overall)" at GlobalCapital's Americas Derivatives Awards for five consecutive years, including most recently in 2026. The firm is ranked in Tier 1 by Chambers USA, IFLR1000 and The Legal 500 US in various derivatives and structured products categories. The firm is also ranked in Tier 1 by The Legal 500 US for Fintech and ranked as a leading firm by Chambers FinTech in five FinTech Legal categories for the United States, including Corporate, Securities, and Financing.

Mayer Brown is a leading international law firm positioned to represent the world's major corporations, funds, and financial institutions in their most important and complex transactions and disputes.

Please visit mayerbrown.com for comprehensive contact information for all our offices.

Mayer Brown is a global legal services provider comprising associated legal practices that are separate entities, including Mayer Brown LLP (Illinois, USA), Mayer Brown International LLP (England & Wales), Mayer Brown Hong Kong LLP (a Hong Kong limited liability partnership) and Tauil & Chequer Advogados (a Brazilian law partnership) (collectively, the "Mayer Brown Practices"). The Mayer Brown Practices are established in various jurisdictions and may be a legal person or a partnership. PK Wong & Nair LLC ("PKWN") is the constituent Singapore law practice of our licensed joint law venture in Singapore, Mayer Brown PK Wong & Nair Pte. Ltd. More information about the individual Mayer Brown Practices and PKWN can be found in the Legal Notices section of our website.

"Mayer Brown" and the Mayer Brown logo are the trademarks of Mayer Brown.

© 2026 Mayer Brown. All rights reserved.

Attorney Advertising. Prior results do not guarantee a similar outcome.

SOURCE Mayer Brown

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Beverly Wilshire, Beverly Hills, A Four Seasons Hotel Named #1 Hotel in All of Los Angeles in the 2026 Conde Nast Traveler's Readers' Choice Awards

BEVERLY HILLS, Calif., Oct 12, 2026 /PRNewswire/ -- Out of over 1,000 hotels in the Los Angeles area, Beverly Wilshire, Beverly Hills, A Four Seasons Hotel is elated to announce it has been recognized as the #1 Hotel in Los Angeles in the 2026 Conde Nast Traveler's Readers' Choice Award.

Condé Nast Traveler received more than 798,867 survey responses from readers in the United States, rating their travel experiences across the globe, to offer a comprehensive look at the places they eagerly anticipate revisiting. The Readers' Choice Awards, with its unparalleled legacy as the travel industry's longest-running and most prestigious accolades from their readers, remains the ultimate symbol and acknowledgment of excellence within the travel sector.

"As Regional Vice President and General Manager of this legendary property, it brings me great pride to know that our guests experience the same excellence and hospitality that I am fortunate to witness every day from our team," says Reed Kandalaft, Regional Vice President and General Manager. "I am extremely proud of this recognition as it is a direct result of their warmth, genuine care and the memorable experiences they provide our guests."

Beverly Wilshire, Beverly Hills, A Four Seasons Hotel has been the preferred address for celebrities, royalty and the international elite since opening in 1928. Nearing its centennial, the hotel proudly stands at the intersection of Wilshire Boulevard and Rodeo Drive, placing guests nearby to designer shopping, fine dining and postcard-worthy views. Experience unparalleled luxury at Beverly Wilshire, Beverly Hills, A Four Seasons Hotel.

About Beverly Wilshire, Beverly Hills, A Four Seasons Hotel

Since opening in 1928, Beverly Wilshire, Beverly Hills, A Four Seasons Hotel has been an icon of Hollywood glamour where cinematic history and modern luxury converge. Standing at the intersection of luxury and fashion, it is the only landmark property to anchor the Golden Triangle, offering guests unrivalled proximity, service and access - the quintessential Beverly Hills experience. The hotel features 395 refreshed accommodations as well as a Michelin-recommended steak restaurant CUT by Wolfgang Puck, all-day dining at THE Blvd Restaurant with views of Rodeo Drive, a Forbes Five-Star Spa, and outdoor Mediterranean-style pool modeled after Sophia Loren's Italian villa pool.

Press Contact

Kiersten Dunn

310-385-3917

[email protected] 

SOURCE Four Seasons Hotels and Resorts

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Recognising an individual who has made a lasting contribution to the branded residences industry.

LONDON, Oct. 12, 2026 /PRNewswire/ -- Chris Graham, founder of London-based real estate consultancy Graham Associates, has been named Industry Icon at the inaugural Global Branded Residence Awards.

This prestigious award recognises an individual who has made a lasting contribution to the branded residences industry, whose work has helped to shape the sector, influence its development, and raise industry standards.

Decided by public vote, Graham's Industry Icon win reflects the reputation he has built over two decades working in luxury real estate and his contribution to the overall growth of the branded residences sector. A regular industry commentator and speaker, he is author of two of the industry's leading reports, 'Branded Residences: An Overview' and 'The Branded Residences Compendium''.

The panel selected four other finalists from a comprehensive list of nominations, including Sonia Cheng, CEO of Rosewood Hotel Group, John Hitchcox, founder of YOO, Dean Main, founder of Rhodium, and Kevin Wash at VOS Business Consultants.

The awards ceremony was hosted online by Boutique Hotel News editor Eloise Hanson alongside Piers Brown, CEO of International Hospitality Media.

www.globalbrandedresidenceawards.com

About Chris Graham

Chris Graham is managing director of Graham Associates, a London-based real estate marketing consultancy he founded in 2008. He has spent more than two decades working with luxury residential and mixed-use real estate developers around the world, building an impressive portfolio of landmark projects. A frequent industry commentator and international speaker, he is author of the industry's leading reports in the secor, Branded Residences: An Overview (now in its 6th edition) and TheBranded Residences Compendium, a comprehensive listing of over 250 brands active in the market. www.gagms.com

About the Global Branded Residence Awards 2026

Almost 200 entries from around the world were submitted for the Global Branded Residence Awards 2026, recognising achievements across a broad range of categories spanning regional markets, design, technology, sales and marketing, industry contribution, and the World's Best Branded Residence. The judging panel included leading voices in branded residences, luxury hospitality, real estate, investment, brand strategy, communications, and experience design from across the globe. It was chaired by Eloise Hanson, editor of Boutique Hotel News, the awards organiser.

SOURCE Graham Associates

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Best Accounts Payable Software for Small Business (2026): Melio Named Top Solution for Flexible Vendor Payments by Software Experts

NEW YORK, Oct. 12, 2026 /PRNewswire/ -- Software Experts has recognized Melio as the top solution for flexible vendor payments, making it one of the best accounts payable software for small businesses. The review examined how the platform handles invoice capture, payment approvals, vendor transactions, accounting synchronization, and cash flow management.

Best Accounts Payable Software for Small Business

- Melio - an accounts payable software platform designed to help U.S. businesses capture bills, route approvals, pay domestic and international vendors, and synchronize payment records with supported accounting systems.

The recognition reflects Melio's ability to connect the main stages of accounts payable within an approachable platform. Businesses can capture invoices, establish approval controls, schedule payments, and record completed transactions without relying on separate spreadsheets, banking portals, and manual reconciliation.

AP Automation Reduces Manual Payment Work

Accounts payable automation replaces repetitive invoice entry, approval follow-ups, and payment recording with a connected digital workflow. The process gives businesses clearer visibility into due dates, approvers, vendors, and transaction status from the moment an invoice arrives through final payment.

Melio uses optical character recognition to capture information from uploaded invoices. Bills can also be sent to a dedicated inbox. Vendor details, line items, amounts, and due dates are entered automatically for review. Authorized users can check the information and make corrections before approving payment.

This process may reduce errors associated with manual entry, including duplicate payments, incorrect amounts, and missed due dates. Digital records also create a clearer audit trail and provide a more current view of outstanding obligations.

Automation may become more valuable as invoice volume increases. A connected AP system allows an existing finance team to process more bills without adding another manual workflow. Melio reports that customers save more than 15 hours per month on average, based on internal data, company records, and user surveys.

Flexible Payment Options Support Different Vendor Requirements

Vendor payment preferences are rarely consistent. One supplier may accept ACH, another may request a check, and an overseas contractor may require payment in a local currency. Melio brings these options into one platform while separating how a business funds a transaction from how the vendor receives the money.

Available payment methods include ACH bank transfers, credit and debit cards, wire transfers, and paper checks. Faster options include same-day bank transfers, instant transfers, fast checks, overnight checks, and same-day wires. Fees vary according to the funding method and delivery speed.

Card-funded payments may help a business manage the timing of cash leaving a bank account. Card use may also earn rewards, depending on the card program. However, Melio lists a standard 2.9% fee for card-funded domestic payments, subject to the receiving method and other terms. Potential rewards or payment timing benefits should be considered alongside transaction fees and possible card interest.

International payments can be sent in U.S. dollars or supported local currencies. Melio states that payments can be delivered to eligible vendors in more than 80 countries. This provides a centralized option for businesses working with overseas suppliers, contractors, and freelancers.

Bill Capture, Approvals, and Accounting Sync Work Together

Every disconnected step creates another opportunity for an invoice to be delayed, entered twice, or recorded incorrectly. A connected AP workflow reduces those handoffs by keeping invoice capture, approval history, payment status, and accounting records within the same process.

Custom approval workflows can be based on vendor, payment amount, employee role, or other business rules. Multi-level approvals allow higher-value or sensitive transactions to receive added review. Team members can be assigned specific permissions, helping businesses separate viewing, approval, and administrative responsibilities.

Approved bills can be paid individually, scheduled in advance, set as recurring payments, or processed in batches. Melio's mobile application also allows authorized users to review, approve, decline, and send payments away from a desktop computer.

Contractor management tools support W-9 collection and taxpayer information validation. Melio can connect with Tax1099 for 1099 e-filing, although a separate Tax1099 account and related fees may apply.

The platform also includes Agent Mel, an AI assistant designed to answer questions about bills, vendors, and payments. The feature supports routine information requests, while the main workflow keeps payment records connected to the corresponding invoice and approval history.

Pricing and Integrations Depend on the Selected Plan

Subscription price is only one part of the cost of accounts payable software. Payment volume, accounting integrations, user access, delivery speed, and transaction methods can all affect the appropriate plan. Melio offers several tiers designed around those different operational requirements.

Melio's five plans scale with transaction volume and integration needs rather than bundling features evenly across tiers.

Go, the free plan, supports one user and includes five free ACH payments per month, AI bill capture, a dedicated bills inbox, international payments, and the option to pay by card, wire, or check.

Core runs $25 per month and raises the free ACH allowance to 20. It adds QuickBooks Online and Xero synchronization, batch payments, custom approval workflows, W-9 collection, and 1099 automation, making it a fit for small businesses that need accounting sync and more structured AP controls.

Boost, at $55 per month, extends the ACH allowance to 50 and introduces advanced user roles, QuickBooks Desktop synchronization, and premium phone support. Unlimited, at $80 per month, removes ACH and seat limits entirely and adds NetSuite synchronization. Annual billing lowers the monthly cost on paid tiers, and a custom-priced Platinum plan is available for high-volume businesses.

Once a plan's included ACH payments are used, additional ACH transactions cost $0.50 each. Card payments, checks, wires, expedited delivery, and international payments carry separate fees depending on the plan.

Melio is built for U.S. small and midsize businesses that want AP automation without the overhead of an enterprise system. Its bill capture, approval controls, flexible vendor payment options, and tiered accounting integrations were cited in Melio's recognition from Software Experts.

For the full review, visit Software Experts.

About Melio

Melio serves US SMBs and accounting firms with accounts payable, receivable and cash flow management solutions. Headquartered in New York with offices in Tel Aviv, Israel. Founded in 2018, Melio has scaled rapidly to serve over 80,000 customers. Melio's leading platform integrates with and maintains partnerships with financial institutions, allowing businesses to sync payments data and avoid manual entry. Melio also acts as a technology service provider for vertical SaaS platforms and financial institutions including Capital One and Shopify, and distribution partners including Fiserv through a syndication model. This enables Melio to potentially reach millions of small businesses to provide embedded accounts payable products.

About Software Experts: Software Experts delivers in-depth news on the digital tools shaping today's consumer experience. As an affiliate, Software Experts may earn commissions from sales generated using links provided.

SOURCE SoftwareExperts.org

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