Latest news with #CORE
Miami Herald
5 days ago
- Automotive
- Miami Herald
Vision Marine Technologies' 180E Electric Powertrain Approved under California's CORE Voucher Program, Incentivizes Adoption of Electric Boat Propulsion
E-Motion™ 180E systems now eligible for up to $170,000 in per-unit government vouchers-driving large-scale electrification of commercial fleets in California Key Highlights Vision Marine's E-Motion™ 180E propulsion kits approved under California's CORE (Clean Off-Road Equipment) programUp to $170,000 per vessel in state-funded vouchers available for qualifying fleet operatorsApplies to both new electric boat builds and retrofit conversions using Vision Marine's certified installersCalifornia market includes approximately 4,400 commercially operated vessels across sectors such as ferries, harbor patrol, tour boats, rentals, and service craftApproval aligns with broader industry momentum toward electrification, strengthening Vision Marine's market position MONTREAL, QC / ACCESS Newswire / June 18, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a developer of high-performance electric marine propulsion systems, announced today that its flagship E-Motion™ 180E powertrain has been approved for inclusion in California's CORE (Clean Off-Road Equipment) Voucher Incentive Project. This approval makes Vision Marine's propulsion kits eligible for point-of-sale vouchers of up to $170,000 per unit, substantially reducing the cost of adopting electric propulsion for organizations modernizing their fleets. "This represents a major milestone for Vision Marine, significantly enhancing our market position and accelerating our ability to drive widespread adoption of electric propulsion technology," said Alexandre Mongeon, CEO of Vision Marine Technologies. California: A Strategic Market for Marine Electrification California operates one of the largest and most dynamic commercially operated marine sectors in North America. With approximately 4,400 vessels in use across ferry services, water taxis, harbor patrol, tour operations, and rental businesses, the state presents a significant opportunity for electrification. Many of these segments are actively seeking clean alternatives to gas and diesel propulsion due to emissions regulations and increasing demand for quieter, lower-maintenance vessels. Vision Marine's E-Motion™ 180E system-now listed under CORE-offers a compliant, high-performance solution for operators upgrading existing boats or commissioning new electric vessels. Market Impact and Sales Potential With this approval, Vision Marine can now offer its E-Motion™ 180E propulsion kits to eligible buyers with substantial financial support from the CORE program. Both new electric vessels and repower conversions are supported when completed by certified Vision Marine technicians and installers. As the only 180 HP continuous electric powertrain listed under CORE, Vision Marine stands to benefit from increased demand across a wide range of commercial use cases. The company's commercial readiness, field-tested product, and established presence in California position it well to respond to immediate regional fleet electrification needs. This milestone also comes as the global marine industry rapidly shifts toward clean propulsion. The combination of policy-driven funding and organic market demand creates a powerful tailwind for Vision Marine Technologies. "California has long been a bellwether for clean technology adoption," added Mongeon. "Our CORE approval enhances our visibility and competitiveness in this key market, while reinforcing our ability to scale as electrification expands across North America." About Vision Marine Technologies Inc. Vision Marine Technologies Inc. (NASDAQ:VMAR) is a leader in high-performance electric marine propulsion. Its flagship E-Motion™ 180E system delivers 180 HP of continuous power through a fully integrated, scalable electric powertrain platform. Built for reliability and commercial-grade use, Vision Marine's solutions serve OEMs, fleet operators, government agencies, and rental services across North America. For more information, visit: About the CORE Program The Clean Off-Road Equipment (CORE) Voucher Incentive Project is administered by the California Air Resources Board (CARB) and funded by the state's Cap-and-Trade program. CORE provides point-of-sale vouchers that help reduce the upfront cost of zero-emission off-road equipment, including marine technologies. The program is designed to accelerate the adoption of cleaner equipment and support California's climate and air quality goals. To learn more, visit: Forward-Looking Statements Certain statements in this press release, including, but not limited to, statements regarding the anticipated benefits of the exclusive supply agreement, market expansion, and future events, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions and subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Vision Marine disclaims any obligation to update these statements except as required by law. Actual results may differ materially from those expressed or implied. For a detailed discussion of these risks, refer to Vision Marine's Annual Report on Form 20-F for the year ended August 31, 2024, and other periodic filings with the SEC. Vision Marine does not undertake any obligation to update or revise forward-looking statements other than as required by law. Investor Relations Contact: Vision Marine Technologies Nurse - Investor Relationsbn@ 919-2193 Website: Twitter: @marine_visionFacebook: @VisionMarineTechnologiesInstagram: @ @VisionMarineTechnologies SOURCE: Vision Marine Technologies Inc
Yahoo
05-06-2025
- Business
- Yahoo
K92 Mining Releases 2024 Sustainability Report: Delivering Sustainable Value
VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. ('K92' or the 'Company') (TSX: KNT; OTCQX: KNTNF) is pleased to announce that it has published its 2024 Sustainability Report. This is K92's sixth annual sustainability report, which provides details of the Company's Environmental, Social, and Governance ('ESG') practices and performance. The 2024 Sustainability Report was prepared in accordance with the Sustainability Accounting Standards Board ('SASB') Metals and Mining Standard for the sixth consecutive year and includes continued progression of providing climate disclosures in alignment with the Task Force on Climate-related Financial Disclosures ('TCFD') recommendations. The 2024 Sustainability Report is available on the K92 website at the following link: - mining/ Environmental, Social and Governance Highlights: 553 days without a lost-time injury(1), and a Total Recordable Injury Frequency Rate ('TRIFR') of 0.69. 1,790 employees and contractors employed in Papua New Guinea. ~92% of total workforce (employees plus contractors) are PNG Nationals with priority hiring from local communities. $96.5 million in procurement from PNG companies, representing 42% of K92's total procurement spend. $62.6 million in taxes and royalties paid in PNG(2), a 134% increase over 2023. $28.0 million invested in local Joint Ventures. $6.6 million allocated for the Company's first PNG Infrastructure Tax Credit Scheme project. Outstanding Community Humanitarian Initiative awarded by the PNG Chamber of Resources and Energy ('CORE') for K92's Sustainable Agriculture Livelihoods Program ('SLAP'), marking the third consecutive year K92 has received the primary, annual community award from the CORE. Launched the K92 CARES framework, which outlines the Company's core values, including a clear commitment to responsible mining practices and a culture of respect for others. Advanced work related to the Kainantu Endowment, which was established to provide scholarships for the advancement of Papua New Guinean students. Ongoing alignment with the TCFD recommendations with progress advanced on local hydropower improvements in support of the Company's energy and greenhouse gas ('GHG') emissions reduction target. Continued commitment to local skills development, including a total of 66 tertiary scholarships awarded; 400+ graduates from the K92 Adult Literacy Program; and multiple Memoranda of Understanding implemented with PNG universities to help develop a robust pipeline of skilled mine workers in the country. Supplier Code of Conduct and Employment Standard rolled out as part of ongoing due diligence work related to Canadian Modern Slavery legislation. John Lewins, K92 Chief Executive Officer and Director, stated, 'On behalf of the K92 team, we are very pleased to publish our 2024 Sustainability Report. The report provides our primary sustainability disclosures for 2024, while highlighting many of our key initiatives that enable us to deliver sustainable value for all of our stakeholders. The past year has been truly transformational for K92, as we advance our plans to become a world-class, Tier 1 gold mining operation. We achieved notable operational successes during the year in parallel with significant progress on our Stage 3 and Stage 4 Expansions. Importantly, we have done so with exemplary safety performance, including achieving 553 consecutive days without a lost-time injury, a testament to the robust health and safety management systems and practices we continue to implement. Our local value-retention initiatives continue to deliver significant value for our local stakeholders. At the end of 2024, we employed nearly 1,800 employees and contractors and remained a significant tax contributor within the country, with some $62.6M in taxes and royalties paid in PNG. We also procured approximately $96.5M from PNG companies, including $28.0M from unique, local Joint Ventures, which are partnerships between established businesses and local landowner associations that help deliver significant value for local communities. Looking ahead, the upcoming year will surely be one of the most important in K92's young history. During the year, we look forward to the commissioning of our new 1.2 million-tonnes-per-annum process plant, associated paste plant, and other key mine infrastructure to support our expansion plans and continued production growth. We also look forward to working in ongoing partnership with all our stakeholders to deliver transformational value from our operations – now and into the future.' Notes: (1) As at December 31, 2024. As at March 31, 2025, the number of lost-time injury free days was 643.(2) Includes corporate tax, payroll tax, import duties, and royalties. (3) All amounts are in U.S. Dollars unless otherwise noted. About K92 K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing plant expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022. K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience. On Behalf of the Company, John Lewins, Chief Executive Officer and Director For further information, please contact David Medilek, CFA, President and Chief Operating Officer at +1-604-416-4445 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain 'forward-looking statements' under applicable Canadian securities legislation. Such forward-looking statements include, without limitation: (i) the results of the Kainantu Mine Definitive Feasibility Study, including the Stage 3 Expansion, a new standalone 1.2 mtpa process plant and supporting infrastructure; (ii) statements regarding the expansion of the mine and development of any of the deposits; (iii) the Kainantu Stage 4 Expansion, operating two standalone process plants, larger surface infrastructure and mining throughputs; and (iv) the potential extended life of the Kainantu Mine. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as 'expect', 'plan', 'anticipate', 'project', 'target', 'potential', 'schedule', 'forecast', 'budget', 'estimate', 'intend' or 'believe' and similar expressions or their negative connotations, or that events or conditions 'will', 'would', 'may', 'could', 'should' or 'might' occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors, many of which are beyond our ability to control, that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, without limitation, Public Health Crises, including the epidemic or pandemic viruses; changes in the price of gold, silver, copper and other metals in the world markets; fluctuations in the price and availability of infrastructure and energy and other commodities; fluctuations in foreign currency exchange rates; volatility in price of our common shares; inherent risks associated with the mining industry, including problems related to weather and climate in remote areas in which certain of the Company's operations are located; failure to achieve production, cost and other estimates; risks and uncertainties associated with exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that mineral resources may never be converted into mineral reserves; the Company's ability to carry on current and future operations, including development and exploration activities at the Arakompa, Kora, Judd and other projects; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the availability and costs of achieving the Stage 3 Expansion or the Stage 4 Expansion; the ability of the Company to achieve the inputs the price and market for outputs, including gold, silver and copper; failures of information systems or information security threats; political, economic and other risks associated with the Company's foreign operations; geopolitical events and other uncertainties, such as the conflicts in Ukraine, Israel and Palestine; compliance with various laws and regulatory requirements to which the Company is subject to, including taxation; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions, including relationship with the communities in Papua New Guinea and other jurisdictions it operates; other assumptions and factors generally associated with the mining industry; and the risks, uncertainties and other factors referred to in the Company's Annual Information Form under the heading 'Risk Factors'. Estimates of mineral resources are also forward-looking statements because they constitute projections, based on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future and/or the anticipated economics of production. The estimation of mineral resources and mineral reserves is inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, Forward-looking statements are not a guarantee of future performance, and actual results and future events could materially differ from those anticipated in such statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause actual results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Yahoo
05-06-2025
- Business
- Yahoo
K92 Mining Releases 2024 Sustainability Report: Delivering Sustainable Value
VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. ('K92' or the 'Company') (TSX: KNT; OTCQX: KNTNF) is pleased to announce that it has published its 2024 Sustainability Report. This is K92's sixth annual sustainability report, which provides details of the Company's Environmental, Social, and Governance ('ESG') practices and performance. The 2024 Sustainability Report was prepared in accordance with the Sustainability Accounting Standards Board ('SASB') Metals and Mining Standard for the sixth consecutive year and includes continued progression of providing climate disclosures in alignment with the Task Force on Climate-related Financial Disclosures ('TCFD') recommendations. The 2024 Sustainability Report is available on the K92 website at the following link: - mining/ Environmental, Social and Governance Highlights: 553 days without a lost-time injury(1), and a Total Recordable Injury Frequency Rate ('TRIFR') of 0.69. 1,790 employees and contractors employed in Papua New Guinea. ~92% of total workforce (employees plus contractors) are PNG Nationals with priority hiring from local communities. $96.5 million in procurement from PNG companies, representing 42% of K92's total procurement spend. $62.6 million in taxes and royalties paid in PNG(2), a 134% increase over 2023. $28.0 million invested in local Joint Ventures. $6.6 million allocated for the Company's first PNG Infrastructure Tax Credit Scheme project. Outstanding Community Humanitarian Initiative awarded by the PNG Chamber of Resources and Energy ('CORE') for K92's Sustainable Agriculture Livelihoods Program ('SLAP'), marking the third consecutive year K92 has received the primary, annual community award from the CORE. Launched the K92 CARES framework, which outlines the Company's core values, including a clear commitment to responsible mining practices and a culture of respect for others. Advanced work related to the Kainantu Endowment, which was established to provide scholarships for the advancement of Papua New Guinean students. Ongoing alignment with the TCFD recommendations with progress advanced on local hydropower improvements in support of the Company's energy and greenhouse gas ('GHG') emissions reduction target. Continued commitment to local skills development, including a total of 66 tertiary scholarships awarded; 400+ graduates from the K92 Adult Literacy Program; and multiple Memoranda of Understanding implemented with PNG universities to help develop a robust pipeline of skilled mine workers in the country. Supplier Code of Conduct and Employment Standard rolled out as part of ongoing due diligence work related to Canadian Modern Slavery legislation. John Lewins, K92 Chief Executive Officer and Director, stated, 'On behalf of the K92 team, we are very pleased to publish our 2024 Sustainability Report. The report provides our primary sustainability disclosures for 2024, while highlighting many of our key initiatives that enable us to deliver sustainable value for all of our stakeholders. The past year has been truly transformational for K92, as we advance our plans to become a world-class, Tier 1 gold mining operation. We achieved notable operational successes during the year in parallel with significant progress on our Stage 3 and Stage 4 Expansions. Importantly, we have done so with exemplary safety performance, including achieving 553 consecutive days without a lost-time injury, a testament to the robust health and safety management systems and practices we continue to implement. Our local value-retention initiatives continue to deliver significant value for our local stakeholders. At the end of 2024, we employed nearly 1,800 employees and contractors and remained a significant tax contributor within the country, with some $62.6M in taxes and royalties paid in PNG. We also procured approximately $96.5M from PNG companies, including $28.0M from unique, local Joint Ventures, which are partnerships between established businesses and local landowner associations that help deliver significant value for local communities. Looking ahead, the upcoming year will surely be one of the most important in K92's young history. During the year, we look forward to the commissioning of our new 1.2 million-tonnes-per-annum process plant, associated paste plant, and other key mine infrastructure to support our expansion plans and continued production growth. We also look forward to working in ongoing partnership with all our stakeholders to deliver transformational value from our operations – now and into the future.' Notes: (1) As at December 31, 2024. As at March 31, 2025, the number of lost-time injury free days was 643.(2) Includes corporate tax, payroll tax, import duties, and royalties. (3) All amounts are in U.S. Dollars unless otherwise noted. About K92 K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing plant expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022. K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience. On Behalf of the Company, John Lewins, Chief Executive Officer and Director For further information, please contact David Medilek, CFA, President and Chief Operating Officer at +1-604-416-4445 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain 'forward-looking statements' under applicable Canadian securities legislation. Such forward-looking statements include, without limitation: (i) the results of the Kainantu Mine Definitive Feasibility Study, including the Stage 3 Expansion, a new standalone 1.2 mtpa process plant and supporting infrastructure; (ii) statements regarding the expansion of the mine and development of any of the deposits; (iii) the Kainantu Stage 4 Expansion, operating two standalone process plants, larger surface infrastructure and mining throughputs; and (iv) the potential extended life of the Kainantu Mine. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as 'expect', 'plan', 'anticipate', 'project', 'target', 'potential', 'schedule', 'forecast', 'budget', 'estimate', 'intend' or 'believe' and similar expressions or their negative connotations, or that events or conditions 'will', 'would', 'may', 'could', 'should' or 'might' occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors, many of which are beyond our ability to control, that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, without limitation, Public Health Crises, including the epidemic or pandemic viruses; changes in the price of gold, silver, copper and other metals in the world markets; fluctuations in the price and availability of infrastructure and energy and other commodities; fluctuations in foreign currency exchange rates; volatility in price of our common shares; inherent risks associated with the mining industry, including problems related to weather and climate in remote areas in which certain of the Company's operations are located; failure to achieve production, cost and other estimates; risks and uncertainties associated with exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that mineral resources may never be converted into mineral reserves; the Company's ability to carry on current and future operations, including development and exploration activities at the Arakompa, Kora, Judd and other projects; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the availability and costs of achieving the Stage 3 Expansion or the Stage 4 Expansion; the ability of the Company to achieve the inputs the price and market for outputs, including gold, silver and copper; failures of information systems or information security threats; political, economic and other risks associated with the Company's foreign operations; geopolitical events and other uncertainties, such as the conflicts in Ukraine, Israel and Palestine; compliance with various laws and regulatory requirements to which the Company is subject to, including taxation; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions, including relationship with the communities in Papua New Guinea and other jurisdictions it operates; other assumptions and factors generally associated with the mining industry; and the risks, uncertainties and other factors referred to in the Company's Annual Information Form under the heading 'Risk Factors'. Estimates of mineral resources are also forward-looking statements because they constitute projections, based on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future and/or the anticipated economics of production. The estimation of mineral resources and mineral reserves is inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, Forward-looking statements are not a guarantee of future performance, and actual results and future events could materially differ from those anticipated in such statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause actual results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by in to access your portfolio
Yahoo
05-06-2025
- Business
- Yahoo
FOREWARN to Provide Identity Verification Services to Mid Jersey Association of REALTORS® to Promote Agent Safety
New Jersey-based Association contracts to make FOREWARN services available for its 6,800+ real estate professional members to promote proactive agent safety BOCA RATON, Fla., June 05, 2025 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that Mid Jersey Association of REALTORS® ('MJAR') will offer FOREWARN® services to its 6,800+ members it serves throughout central New Jersey to promote proactive real estate agent safety. Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with the ability to mitigate risks by verifying identity, searching for criminal histories, and validating information provided by potential clients -- using just a phone number. FOREWARN allows agents to properly and safely plan for showings with a higher level of confidence. The FOREWARN services offered by MJAR are available to the 6,800+ members at no additional cost to individual agents. 'The nature of real estate means agents are often engaging with unfamiliar individuals in unpredictable settings,' stated Nicole Banbor, CEO of Mid Jersey Association of REALTORS®. 'By offering FOREWARN, we're giving our members a powerful tool to help verify prospects and minimize the risk of fraud or harm.' Existing MJAR members will receive specific instructions on how to move forward with activating their FOREWARN subscription as an included benefit. All other real estate agencies, agents, and appraisers can learn more about FOREWARN at About FOREWARN®At FOREWARN, we bring instant knowledge through innovative solutions to ensure safer engagements and smarter interactions. Leveraging powerful analytics and a massive data repository, our solutions enable organizations to gain real-time knowledge, for purposes such as verifying identity, searching for criminal histories, and validating information. Risk assessment and due diligence at your fingertips™. RELATED LINKS: About red violet®At red violet, we build proprietary technologies and apply analytical capabilities to deliver identity intelligence. Our technology powers critical solutions, which empower organizations to operate with confidence. Our solutions enable the real-time identification and location of people, businesses, assets and their interrelationships. These solutions are used for purposes including identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. Our intelligent platform, CORE™, is purpose-built for the enterprise, yet flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. Our solutions are used today to enable frictionless commerce, to ensure safety, and to reduce fraud and the concomitant expense borne by society. For more information, please visit FORWARD-LOOKING STATEMENTS This press release contains 'forward-looking statements,' as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as 'expects,' 'plans,' 'projects,' 'will,' 'may,' 'anticipate,' 'believes,' 'should,' 'intends,' 'estimates,' and other words of similar meaning. Such forward looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations, including whether FOREWARN will address critical safety and security areas for Mid Jersey Association of REALTORS® members and whether FOREWARN will provide a powerful took to help Mid Jersey Association of REALTORS® members verify prospects and minimize the risk of fraud or harm. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading 'Forward-Looking Statements' and 'Risk Factors' in red violet's SEC Filings. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Investor Relations Contact: Camilo RamirezRed Violet, Inc.561-757-4500ir@
Business Wire
04-06-2025
- Business
- Business Wire
Corgan Studies Receive Certificate of Research Excellence from Environmental Design Research Association
DALLAS--(BUSINESS WIRE)--Research from global architecture and design firm Corgan has been recognized by the Environmental Design Research Association (EDRA), an international, interdisciplinary organization. Corgan was recognized with two EDRA Certificates of Research Excellence (CORE) — one for the firm's mass timber research and another for its research into shifts in multifamily housing. CORE recognition honors innovative, practice-based environmental design research, and as part of the review process, the two submissions underwent a rigorous, double-blind review by a panel of experts. A third study on optimizing airport travelers' experience received the EDRA Great Places Award in the category of Place Research. The Great Places Award honors projects with an interdisciplinary approach that is enduring, human-centered and sustainable. Corgan was recognized with these awards during the EDRA56 Halifax conference from May 27-30. EDRA's highest recognition — CORE Certification with Merit Status — was awarded to Corgan's ' Residency Reshaped: The Future of Multifamily,' which addresses transformative shifts in the U.S. multifamily housing market. Developed by Corgan—Hugo, the firm's research and innovation group, in partnership with the firm's Multifamily practice, the study explores how renters' priorities are evolving in the wake of hybrid work trends, affordability challenges, and changing expectations for living spaces. The report combines primary and secondary research — including a survey of 1,480 renters across six key Sun Belt markets — to highlight critical gaps between industry perceptions and renters' lived experiences, providing developers and property managers with actionable insights to better align with renter needs and preferences. The thoughtfully designed study is structured so that it can be replicated and applied to different geographic markets. An Exploration of Mass Timber: Building Types & True Carbon Emissions CORE recognition was also awarded to 'Designing with Mass Timber: A Comparative Prototype Analysis of Structural Materials and Real CO 2 e Emissions Assessment,' research that consists of three studies. Developed by Corgan—Hugo and Corgan—Echo, the firm's sustainability group, two reports examine the differences between concrete and mass timber construction and a third report identifies biogenic carbon emissions that are often unaccounted for in life-cycle assessment studies for mass timber buildings. In response to the research findings, the firm developed the Corgan Mass Timber Carbon Calculator — a dynamic tool that helps architects and designers to estimate biogenic carbon emissions in mass timber projects and more accurately calculate a project's overall embodied carbon. Intended to educate and empower the industry, the free Corgan-developed tool allows designers to compare the impact of different tree species and consider lower carbon-intensive timber species at every project phase, leading to more sustainable project outcomes. Data-Driven Journey Mapping EDRA's Great Places Award recognizes research concerned with the experiential relationship between people and their environment, and this year's Place Research Award was awarded to 'Transforming Passenger Experiences: A Data-Driven Journey Map at Ontario International Airport.' Corgan conducted a data-driven experiential optimization study that mapped the passenger journey at Ontario International Airport (ONT), revealing challenges and opportunities. Data analysis identified both short-term and long-term strategies that would make substantial improvements in wayfinding and the overall passenger experience. ONT is implementing changes based on the findings. Given the replicable research methodology, the experiential optimization study can be conducted at other airports and building types. Recipients of EDRA Certificate of Research Excellence (CORE): 'Residency Reshaped: The Future of Multi-Family Development' — By Melissa Hoelting; Weijia Wang; Mahdi Afkhamiaghda, PhD; Stephen Lohr; Junling Zhuang. 'Designing with Mass Timber: A Comparative Prototype Analysis of Structural materials and Real CO 2 e Emissions Assessment' — By Mahdi Afkhamiaghda; Melissa Hoelting; Samantha Flores; Kevin Sloan; Joe Haver; Varun Kohli; Andrew Loke. Recipient of the Great Places Award: 'Transforming Passenger Experiences: A Data-Driven Journey Map at Ontario International Airport'— By Melissa Hoelting; Samantha Flores; Mahdi Afkhamiaghda, PhD; Kevin Sloan; Arezoo Zeinali Kalkhoran; Yashaswini Karagaiah; Weijia Wang. 'Research and data-driven insights are at the core of everything we do, allowing us to develop innovative design solutions for our clients,' said Samantha Flores, Director of Corgan—Hugo. 'Curiosity is foundational to our culture as a firm, and we see vast opportunities to leverage data to solve problems and achieve exceptional outcomes.' In 2024, the firm received CORE recognition for ' The Hybrid Report.' Developed by Corgan—Hugo in partnership with the firm's Workplace Strategies team, The Hybrid Report outlines decision-making drivers, key pain points and preferences, and design elements that shape the employee experience. ABOUT CORGAN Corgan is an employee-owned architecture and design firm with 19 locations and more than 1,200 team members globally. The firm, ranked as the No. 4 architecture firm by Building Design + Construction, works with clients in a variety of sectors including aviation & transportation, data centers, education, government, health, mixed-use, multifamily, office, and workplace. Founded in 1938, Corgan has developed a strong reputation for agility in design by anticipating marketplace changes and leading clients to thoughtful, data-driven design solutions. Its research insights and design expertise empower the organization to foresee emerging changes and develop solutions that minimize risk, create flexibility, and maximize longevity. To learn more about Corgan, visit
